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Investor Presentation

Consumer Packaging Segment Overview Key Metrics & Operational Statistics FY18 Segment Sales $6.6 Billion FY18 Adj. Segment EBITDA Margin (1) 14.8% Financial Performance 13 Mills 100+ Converting Facilities 2 Machinery Solutions 4.2M tons Mill Capacity Key Differentiators Broadest grade mix in the industry (SBS, CNK®, CRB and URB) Innovation in substrates, packaging design and machinery solutions Extensive converting network with global scale Broad Portfolio of Differentiated Products and Solutions Solid bleached sulfate (SBS) Coated natural kraft (CNK®) Coated recycled board (CRB) Packaging machinery ⚫ Premium folding cartons FY18 FY17 • ° Segment Sales Uncoated recycled board (URB) $6.6B $5.7B Adj. Segment Income (1) $431M $417M • Adj. Segment EBITDA(1) $977M $901M % Margin (1) 14.8% 15.8% Beverage carriers Express mail envelopes Labels and inserts Merchandising displays Solid fiber and corrugated partitions Die-cut paperboard 45 25 1) See Non-GAAP Financial Measures and Reconciliations in the Appendix. Note: All financial performance values are aligned to exclude merchandising displays consistent with fiscal 2019 presentation. WestRock
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