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Investor Presentaiton

22 1) PRICING AND MIX MANAGEMENT OUTPACING INFLATION YEAR-OVER-YEAR ($ Millions) YEAR-OVER-YEAR PRICE/MIX AND INFLATION $800 $600 $600 $520 ■ Price/Mix $433 $389 $400 ■Inflation $320 $201 $200 $77 $88 $113 $12 $0 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 ◉ HIGHLIGHTS Q1 FY22 price/mix realization of $600 million year/year; $80 million in excess of inflation Published price increases since Q4 FY20(1): ✓ +$160/ton North America Containerboard ✓ +$250/ton CNK ✓ + $300/ton SBS folding carton grades ✓ + $300/ton SBS plate and cup stock grades ✓ +$270/ton CRB Guidance reflects flow through of published price increases in kraft paper; higher export containerboard prices ◉ Key inflation drivers include fiber, freight, energy, and chemicals PRICING FLOW THROUGH EXPECTED TO OUTPACE INFLATION FOR FY22 As of October 15, 2021 WestRock
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