Investor Presentation

Outlook Positive factors Operating at a high-capacity level given labor availability Strong team, broad product offering, geographical diversification, solid supplier relationships Short-term concerns • New order intake from certain customers has slowed down • Working through excess inventory built via over-ordering when supply was tight in 2022 • Markets more sensitive to broad macroeconomic fluctuations Priorities • Focus on the integration of recent acquisitions while actively seeking to capture all sales and cost synergies Improve efficiency and asset utilization following the transfer of folding carton operations to the Lachine facility • Continue the search for strategic acquisitions, mainly in Packaging Financial position and cash flow are strong; strategy remains intact 45

View entire presentation