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Bemis Company, Inc.
Deutsche Bank Global Industrials
   & Basic Materials Conference
                      June 2012
About Us
SAFE HARBOR STATEMENT                        PROFILE                 GLOBAL PRESENCE

  This presentation includes forward-looking statements within the meaning of the Safe Harbor
  provisions of the Securities Litigation Reform Act of 1995. Such statements include, but are
  not limited to, statements about the amount and timing of added sales and other benefits of
  the acquisition of Alcan Packaging’s Food Americas operations and the combined
  company’s objectives, expectations and intentions for the future. These forward-looking
  statements are based on the current beliefs and expectations of Bemis Company’s
  management and are subject to risks and uncertainties. The forward-looking statements
  speak only as of the date of this presentation, and Bemis Company does not undertake to
  update such statements to reflect changes that occur after that date. There are a number of
  factors that could cause actual results to differ from those set forth in the forward-looking
  statements. These factors include, but are not limited to: general economic conditions,
  competitive conditions in our markets, regional governmental regulations, the cost and
  availability of raw materials, and our ability to pass these price changes on to our customers
  or otherwise manage commodity price fluctuation risks. These and other risks, uncertainties,
  and assumptions are identified from time to time in our filings with the Securities and
  Exchange Commission including our most recent Annual Report on form 10-K and our
  quarterly reports on Form 10-Q. Such reports are available on the website of the Securities
  and Exchange Commission (www.sec.gov).

  Page  2
About Us
SAFE HARBOR STATEMENT              PROFILE            GLOBAL PRESENCE

  Packaging industry leader                 2011 Net Sales by Region
   since 1858
                                                           11%
  $5.3 billion 2011 net sales
                                              67%
   • Fortune 500
   • S&P 500                                                 1%
                                     21%
  Vertical integration creates
   competitive advantage
  78 facilities in 12 countries                     North America
                                                     Latin America
  ~ 20,000 employees                                Europe
   worldwide                                         Asia Pacific


  Page  3
About Us
SAFE HARBOR STATEMENT              PROFILE            GLOBAL PRESENCE

  Packaging industry leader                 2011 Net Sales by Region
   since 1858
                                                           11%
  $5.3 billion 2011 net sales
                                              67%
   • Fortune 500
   • S&P 500                                                 1%
                                     21%
  Vertical integration creates
   competitive advantage
  80 facilities in 12 countries                     North America
                                                     Latin America
  ~ 20,000 employees                                Europe
   worldwide                                         Asia Pacific


  Page  4
Disciplined Capital Stewardship
PRIORITIES FOR CASH FLOW
                                               $500
                                                                 Cash Flow from Operations


  Dividend payments
                                               $400




                               $ in millions
                                               $300


  Funding organic growth                      $200

                                               $100


  Acquisitions                                  $0
                                                       2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011



  Share repurchases /                         $1.20
                                                                        Cash Dividends

   Deleveraging
                                               $1.00

                                               $0.80
                            $ per share


                                               $0.60

                                               $0.40

                                               $0.20

                                               $0.00
                                                       2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011




  Page  5
Our Products
   FLEXIBLE PACKAGING               PRESSURE SENSITIVE MATERIALS

                     25%
                           Food Packaging………………...          65%
                     20%   Medical & Pharma Packaging……      7%
                           Non-food Packaging…………….         18%
                     15%
    % of Net Sales




                           Pressure Sensitive Materials……   10%
                     10%


                     5%


                     0%




 Page  6
Our Products
     FLEXIBLE PACKAGING              PRESSURE SENSITIVE MATERIALS
    Food
Extends the shelf life of perishable
 products (meat, cheese, ready meals,
 liquids)
Protects products from harmful impact
 of moisture, oxygen, ultraviolet light,
 odors, contaminants, punctures
Material science delivers proprietary and
 patented film structures




   Page  7
Our Products
     FLEXIBLE PACKAGING            PRESSURE SENSITIVE MATERIALS
    Medical & Pharmaceutical

Sterility and quality are
 paramount
Package is part of FDA approved
 product




   Page  8
Our Products
    FLEXIBLE PACKAGING             PRESSURE SENSITIVE MATERIALS
   Non-food
Shelf stable products (lawn &
 garden, diapers, tissue
 overwrap, razors, detergents)
Bemis differentiator: scale and
 printing capabilities




  Page  9
Our Products
   FLEXIBLE PACKAGING   PRESSURE SENSITIVE MATERIALS


                        Label products
                        Graphics films
                        Technical adhesives




 Page  10
Competitive Landscape
DIVERSIFIED COMPETITIVE ENVIRONMENT

    Bemis is the most diversified, providing packaging for every
     aisle of the grocery store; competitors lack comparable breadth
    Few public companies; most competitors are privately owned
    Unique film structures used for complex packaging create a
     competitive advantage
    Less complex packages are more susceptible to competition
     and new entrants
    Competitors generally lack global footprint/focus

   Bemis is #1 or #2 in Key End Use Applications
   Bemis is #1 or #2 in Key End Use Applications

  Page  11
Our Customers
WORLD-CLASS CUSTOMERS

                        Why Customers Choose Bemis:
                         Unique technological and
                          engineering resources
                         Reduced waste in production and
                          distribution system
                         Flexible capacity to accommodate
                          new product launches
                         Reliable supply; Investment grade
                          supplier
                         Global supply capabilities

 Page  12
Strategic Priorities
OPTIMIZE        GROW IN TARGET AREAS                        ACCELERATE INNOVATION

  Optimize and leverage our scale
  - Consolidate production into more efficient facilities
  - Continue to consolidate specifications
  - Leverage scale

  Grow in target areas
  - Expand food packaging capacity in China
  - Add high barrier packaging capacity to Latin American operations
  - Leverage our leadership position in medical packaging

  Accelerate innovation
  - Unique film structures differentiate Bemis products
  - Vertical integration provides cost advantage

 Page  13
Optimize and Leverage our Scale
FACILITY CONSOLIDATION

 Close 5 manufacturing locations and transfer production to
  other facilities
 Reduce administrative workforce
 Total Program: $83 million total expense ($52 million cash)
    Q411
         • $38 million charge to operating profit
         • $3 million paid in cash
    Q112
         • $8 million charge to operating profit
         • $8 million paid in cash



 Page  14
Grow in Target Areas
DEVELOPING REGIONS       HIGH BARRIER      MEDICAL & PHARMACEUTICAL

  Demand from developing countries is
   strong and expected to increase as
   consumers demand freshness and
   convenience
  Increased high barrier packaging capacity
   for meat and cheese applications will
   improve sales mix in Latin America
  Demographics continue to drive growth in
   medical and pharmaceutical packaging
   industries



 Page  15
Accelerate Innovation
PATENTED MATERIALS          PROPRIETARY PROCESSES   PLATFORMS

Unique polymer technologies for
 barrier films (nylon – polyester –
 polypropylene – polyethylene –
 barrier resins)
Solutions provide extended shelf
 life and consumer convenience
 features
Flexible packaging offers many
 environmental sustainable
 benefits



   Page  16
2012 Guidance
ADJUSTED EPS                     CASH FLOW             CAPITAL EXPENDITURES


     Adjusted EPS guidance of $2.05 to $2.20
     Cash flow from operations > $350 million
              Reflects $65 million pension contribution
              Includes $35 million of cash payments for facility
               consolidation activities in 2012
              Focused on deleveraging in 2012
     Capital expenditures of ~ $175 million



 Page  17
An Attractive Investment
             NYSE: BMS

     Strong balance sheet & cash flow

     Disciplined capital allocation

     Strong market position

     Patented and proprietary products

     Expanding global market reach

     World-class customer base

                 Creating Positive Momentum
                 Creating Positive Momentum
 Page  18

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Bemis Corporation Investor Presentation

  • 1. Bemis Company, Inc. Deutsche Bank Global Industrials & Basic Materials Conference June 2012
  • 2. About Us SAFE HARBOR STATEMENT PROFILE GLOBAL PRESENCE This presentation includes forward-looking statements within the meaning of the Safe Harbor provisions of the Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about the amount and timing of added sales and other benefits of the acquisition of Alcan Packaging’s Food Americas operations and the combined company’s objectives, expectations and intentions for the future. These forward-looking statements are based on the current beliefs and expectations of Bemis Company’s management and are subject to risks and uncertainties. The forward-looking statements speak only as of the date of this presentation, and Bemis Company does not undertake to update such statements to reflect changes that occur after that date. There are a number of factors that could cause actual results to differ from those set forth in the forward-looking statements. These factors include, but are not limited to: general economic conditions, competitive conditions in our markets, regional governmental regulations, the cost and availability of raw materials, and our ability to pass these price changes on to our customers or otherwise manage commodity price fluctuation risks. These and other risks, uncertainties, and assumptions are identified from time to time in our filings with the Securities and Exchange Commission including our most recent Annual Report on form 10-K and our quarterly reports on Form 10-Q. Such reports are available on the website of the Securities and Exchange Commission (www.sec.gov). Page  2
  • 3. About Us SAFE HARBOR STATEMENT PROFILE GLOBAL PRESENCE  Packaging industry leader 2011 Net Sales by Region since 1858 11%  $5.3 billion 2011 net sales 67% • Fortune 500 • S&P 500 1% 21%  Vertical integration creates competitive advantage  78 facilities in 12 countries  North America  Latin America  ~ 20,000 employees  Europe worldwide  Asia Pacific Page  3
  • 4. About Us SAFE HARBOR STATEMENT PROFILE GLOBAL PRESENCE  Packaging industry leader 2011 Net Sales by Region since 1858 11%  $5.3 billion 2011 net sales 67% • Fortune 500 • S&P 500 1% 21%  Vertical integration creates competitive advantage  80 facilities in 12 countries  North America  Latin America  ~ 20,000 employees  Europe worldwide  Asia Pacific Page  4
  • 5. Disciplined Capital Stewardship PRIORITIES FOR CASH FLOW $500 Cash Flow from Operations  Dividend payments $400 $ in millions $300  Funding organic growth $200 $100  Acquisitions $0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011  Share repurchases / $1.20 Cash Dividends Deleveraging $1.00 $0.80 $ per share $0.60 $0.40 $0.20 $0.00 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Page  5
  • 6. Our Products FLEXIBLE PACKAGING PRESSURE SENSITIVE MATERIALS 25% Food Packaging………………... 65% 20% Medical & Pharma Packaging…… 7% Non-food Packaging……………. 18% 15% % of Net Sales Pressure Sensitive Materials…… 10% 10% 5% 0% Page  6
  • 7. Our Products FLEXIBLE PACKAGING PRESSURE SENSITIVE MATERIALS Food Extends the shelf life of perishable products (meat, cheese, ready meals, liquids) Protects products from harmful impact of moisture, oxygen, ultraviolet light, odors, contaminants, punctures Material science delivers proprietary and patented film structures Page  7
  • 8. Our Products FLEXIBLE PACKAGING PRESSURE SENSITIVE MATERIALS Medical & Pharmaceutical Sterility and quality are paramount Package is part of FDA approved product Page  8
  • 9. Our Products FLEXIBLE PACKAGING PRESSURE SENSITIVE MATERIALS Non-food Shelf stable products (lawn & garden, diapers, tissue overwrap, razors, detergents) Bemis differentiator: scale and printing capabilities Page  9
  • 10. Our Products FLEXIBLE PACKAGING PRESSURE SENSITIVE MATERIALS Label products Graphics films Technical adhesives Page  10
  • 11. Competitive Landscape DIVERSIFIED COMPETITIVE ENVIRONMENT Bemis is the most diversified, providing packaging for every aisle of the grocery store; competitors lack comparable breadth Few public companies; most competitors are privately owned Unique film structures used for complex packaging create a competitive advantage Less complex packages are more susceptible to competition and new entrants Competitors generally lack global footprint/focus Bemis is #1 or #2 in Key End Use Applications Bemis is #1 or #2 in Key End Use Applications Page  11
  • 12. Our Customers WORLD-CLASS CUSTOMERS Why Customers Choose Bemis:  Unique technological and engineering resources  Reduced waste in production and distribution system  Flexible capacity to accommodate new product launches  Reliable supply; Investment grade supplier  Global supply capabilities Page  12
  • 13. Strategic Priorities OPTIMIZE GROW IN TARGET AREAS ACCELERATE INNOVATION  Optimize and leverage our scale - Consolidate production into more efficient facilities - Continue to consolidate specifications - Leverage scale  Grow in target areas - Expand food packaging capacity in China - Add high barrier packaging capacity to Latin American operations - Leverage our leadership position in medical packaging  Accelerate innovation - Unique film structures differentiate Bemis products - Vertical integration provides cost advantage Page  13
  • 14. Optimize and Leverage our Scale FACILITY CONSOLIDATION  Close 5 manufacturing locations and transfer production to other facilities  Reduce administrative workforce  Total Program: $83 million total expense ($52 million cash) Q411 • $38 million charge to operating profit • $3 million paid in cash Q112 • $8 million charge to operating profit • $8 million paid in cash Page  14
  • 15. Grow in Target Areas DEVELOPING REGIONS HIGH BARRIER MEDICAL & PHARMACEUTICAL  Demand from developing countries is strong and expected to increase as consumers demand freshness and convenience  Increased high barrier packaging capacity for meat and cheese applications will improve sales mix in Latin America  Demographics continue to drive growth in medical and pharmaceutical packaging industries Page  15
  • 16. Accelerate Innovation PATENTED MATERIALS PROPRIETARY PROCESSES PLATFORMS Unique polymer technologies for barrier films (nylon – polyester – polypropylene – polyethylene – barrier resins) Solutions provide extended shelf life and consumer convenience features Flexible packaging offers many environmental sustainable benefits Page  16
  • 17. 2012 Guidance ADJUSTED EPS CASH FLOW CAPITAL EXPENDITURES  Adjusted EPS guidance of $2.05 to $2.20  Cash flow from operations > $350 million  Reflects $65 million pension contribution  Includes $35 million of cash payments for facility consolidation activities in 2012  Focused on deleveraging in 2012  Capital expenditures of ~ $175 million Page  17
  • 18. An Attractive Investment NYSE: BMS  Strong balance sheet & cash flow  Disciplined capital allocation  Strong market position  Patented and proprietary products  Expanding global market reach  World-class customer base Creating Positive Momentum Creating Positive Momentum Page  18