Positioned for Continued Growth

VISION 2025 ON 2025 Profit 2019 2020 Vision 2025 Generate superior returns Paperboard Integration 68% 70% 80-90% Sales $6.2B $6.6B ~$10B ADJ EBITDA Margins 16.7% 16.3% 18-20% ROIC 8% 8.5% 10-12% ADJ EPS Normalized Capex (% Sales) $0.87 $1.12 5% 5% $2.00+ 5% Graphic Packaging INTERNATIONAL ©2021 Graphic Packaging International 31

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