Mondi Credit Presentation Deck

Strong cash generation through the cycle Cash flow generation € million 648 2007 538 2008 705 2009 516 2010 648 2011 5% CAGR (2007-2019) 549 2012 715 2013 796 Cash flow generation based on net cash generated before capital expenditure, acquisitions and disposals of businesses, investment in equity accounted investees and payment of dividends to shareholders 11 2014 1,039 2015 1,061 2016 More than €10 billion generated since listing 972 2017 1,226 2018 1,215 2019 mondi

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