Mondi Investor Presentation Deck

Consistent strategy driving strong performance Underlying EBITDA and margin € million and % 20.5% 1,366 2016 20.9% 1,482 2017 23.6% 1,764 2018 Underlying EBITDA 22.8% 1,658 2019 20.3% 1,353 2020 19.5% 709 H1 2021 Underlying EBITDA margin Cash generated from operations € million 1,401 2016 1,363 2017 1,654 2018 1,635 2019 1,485 2020 552 H1 2021 mondi

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