Sustainable Growth Strategy

Strong performance and momentum Underlying EBITDA and margin € million and % Corrugated Packaging 27.6% 27.6% 24.2% 267 H1 2020 251 H2 2020 Underlying EBITDA margin 268 H1 2021 • Very strong demand - Corrugated Solutions volumes up 15%. Benefiting from: eCommerce, consumer goods growth and recovery in industrial Innovation, strong customer offering and ongoing investment • Containerboard prices up - tight global markets Good progress made in passing through higher paper input costs to box prices Significantly higher input costs, strong cost control Completed Olmuksan acquisition 34 4 mondi

View entire presentation