TRESU Q3 2023 Financial Report

1 TRESU operates in attractive end-markets with structural tailwinds Category Food & beverage packaging Markets Liquid packaging Folding carton CAGR¹ 3% 2-3% End products Market drivers CO CA REDROSE SENSITIVE Smy 70% Specialty printing niches Lottery Hygiene & pouch 7-9% PITAL ST ROAKING FORTU CASH 4-5% always TRESU 20% Digital 10% Digital 12-14% Population and GDP growth: Driving underlying usage of packaging, specialty printing niches, and digital end-products Sustainability: Increased focus on sustainability driving flexo technology use and shift from plastic to paperboard (esp. in packaging) Branding focus: Drives print demand on packaging Branding focus incl. print on inco hygiene products One-person households: Driving packaging use Product proliferation: Drives packaging use cases Deregulation Need for flexibility² Notes: Showing percentage of TRESU LTM Q3-23 sales. 1. Long-term market CAGR estimate (2019-2024E); 2. Combining flexo and digital printing allows flexibility on shorter-run lengths and printing origin codes / series numbers on packaging. Sources: Company presentations; Market research; management estimates 16

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