Positioned for Continued Growth

INVESTMENT IN TEXARKANA, TX TO INCREASE STRATEGIC FLEXIBILITY ACROSS SBS & CUK WHILE MEETING CONTINUED STRONG DEMAND FOR CUK 1,260 NOW 100% APPLE QUICE BUD LIGHT Always ORGANIC 100% APPLE JUICE BUD BUD LIGHLIGHT BARLEY MALT AN NISER GPK CUK 12-YEAR CAGR 3% 1,710 90 1,620 • • Texarkana Project Overview • Flexible, swing machine capable of producing CUK or SBS ~$100M investment Expect to capture $20M in EBITDA benefit over 3 years from margin improvement Start-up of swing production in Q1 '22 • Supports global CUK growth • Overall capacity neutral . 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 300K ton production capacity on existing SBS machine (no change) ■CUK Tonnage (Mill Production in 000s) CUK Conversion to SBS (000s) Graphic Packaging INTERNATIONAL ©2021 Graphic Packaging International 13

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