Positioned for Continued Growth slide image

Positioned for Continued Growth

TRACK RECORD OF STOCKHOLDER RETURN ROBUST STOCKHOLDER RETURN COMMITMENT • $400M in Partnership Redemptions in Q1 2021 • $150M in Cash Redemptions; $250M in GPK Common Stock Exchange • $500M in Cash Partnership Redemptions in 2020 • $316M Shares Repurchased in 2020 at $13.48/share Since February 2015 repurchased $854 million of shares, representing 20% gross reduction from shares outstanding at program inception SHARE REPURCHASE SCHEDULE SHARE REPURCHASE HISTORY $(M) $120 $58 $169 $128 $316 $854 $63 % of GPK US $(M) $ Per Share Number of Shares (M) Shares At Inception(1) 2015 2016 2017 2018 2019 2020 Total Since Jan 2018 $563 $12.75 44 13% (1Q'18 4Q'20) Since Inception $854 $12.84 66 20% (1Q'15 4Q'20) (1) Represents gross shares repurchased since inception Graphic Packaging INTERNATIONAL ©2021 Graphic Packaging International 27
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