Mondi Group presentation March 2018

Mondi is a global leader in packaging and paper
More than 100,000 solutions for our customers
Group offices in Johannesburg, London and Vienna
FTSE4Good Index Series
JSE’s Socially Responsible Investment Index
March 2018Mondi Group presentation 1
26,000 employees
Over 100 operations across more than 30 countries
2.4M hectares of forest managed
Primary listing on the JSE
Limited for Mondi Limited
Premium listing on the London
Stock Exchange for Mondi plc

A history of sustainable growth
Like the company itself, the name ‘Mondi’ also has its origins in South Africa and comes
from ‘Mondia whitei’, a flower that grows in the hills near Durban, where the first paper
mill was located. To recognise Mondi’s commitment to the environment, the name ‘Mondi’
was chosen.
March 2018
1793
Founding of Neusiedler
paper mill, Austria
2012Acquisition of Nordenia International
to strengthen Mondi’s consumer
packaging business
2007
Demerger of the Mondi Group from
Anglo American plc
Dual-listed company structure under
the unified ‘Mondi’ brand
1881Founding of Frantschach
pulp and paper mill, Austria
1967
Founding of Mondi in South Africa
by its former owner Anglo American
1990sMondi expands its business
in Europe via acquisitions
Mondi Group presentation 2

Our strategy is designed to build on our competitive advantages
so that we can achieve our purpose.
We drive value accretive growth via our four strategic
value drivers:
● Drive performance along the value chain
● Invest in assets with cost advantage
● Inspire our people and grow responsibly
● Partner with customers for innovation
Learn more about our strategy:
mondigroup.com/our-strategy
Creating sustainable value through our strategic framework

Packaging Paper
Containerboard
Sack kraft paper
Speciality kraft paper
10 operating sites
10 countries
Fibre Packaging
Corrugated packaging
Industrial bags
Extrusion coatings
60 operating sites
24 countries
Consumer Packaging
Consumer goods
packaging
Personal care
components
Release liner
Technical films
30 operating sites
12 countries
Broad portfolio
We produce pulp, paper and plastic films and develop and manufacture effective industrial
and consumer packaging solutions.
March 2018Mondi Group presentation
Uncoated Fine Paper
Office paper
Professional
printing paper
6 operating sites
4 countries
4

Key
Consumer Packaging
Uncoated Fine Paper
Packaging Paper
Fibre Packaging
Groupoffices
Johannesburg
London
Vienna
Productionsites
Austria
Belgium
Bulgaria
China
Côte d’Ivoire
CzechRepublic
France
Germany
Hungary
Iraq
Italy
Jordan
Lebanon
Malaysia
Mexico
Morocco
Netherlands
Oman
Poland
Russia
Serbia
Slovakia
SouthAfrica
SouthKorea
Spain
Sweden
Thailand
Turkey
Ukraine
UK
US
Our global footprint
We operate locally with more than 100 operations in over 30 countries.
March 2018Mondi Group presentation 5Visit mondigroup.com/locations for more information about where we operate.

Mondi Group presentation
1The Group presents underlying EBITDA and operating profit as measures which exclude special items in order to provide a more effective
comparison of the underlying financial performance of the Group.
2ROCE is underlying profit expressed as a percentage of the average capital employed for the year, adjusted for spend on strategic projects
which are not yet in operation. March 2018
Robust financial performance
Our strong financial performance provides flexibility to pursue
value-creating opportunities.
Packaging
Paper
€2,292m
Fibre
Packaging
€2,055m
Consumer
Packaging
€1,646m
Uncoated
Fine Paper
€1,832m
Revenue
FY 2017
Packaging
Paper
€482m
Fibre
Packaging
€111m
Consumer
Packaging
€132m
Uncoated
Fine Paper
€331m
Underlying
operating
profit1
FY 2017
Our businessesMondi Group
FY 2017
Revenue
€7,096m
Underlying
EBITDA1
€1,444m
ROCE2
19.7%
Underlying
operating profit1
€1,018m
6

Production statistics 2017
Kraft paper
1,206 k tonnes
Uncoated fine paper
1,644 k tonnes
Market pulp
552 k tonnes
Newsprint
277 k tonnes
Corrugated board and boxes
1,650 million m2
Industrial bags
4,952 million units
Extrusion coatings
1,281 million m2
Consumer packaging
7,437 million m2
Containerboard
2,297 k tonnes
Total market pulp and paper = 5,976 k tonnes
7

#1
Leading market positions
1Europe including Russia and Turkey
2Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, Georgia, Hungary, Latvia,
Lithuania, Macedonia, Malta, Moldova, Montenegro, Poland, Romania, Serbia, Slovakia, Slovenia, Turkey, Ukraine
Market share estimates prepared by the Group are based on industry publications and management estimates. Main industry publication
sources are: RISI, PÖYRY, PCI, Eurosac, Henry Poole Consulting, Freedonia, EMGE, Eurograph delivery statistics, eastconsult, Alexander
Watson Associates and management estimates.
Containerboard
Emerging Europe2
Uncoated fine paper
Europe1
Consumer flexible
packaging
Europe1
Corrugated packaging
Emerging Europe2
Virgin containerboard
Europe1
Kraft paper
Global
Industrial bags
Global
Commercial release liner
Europe1
Uncoated fine paper
South Africa
Mondi Group presentation March 2018
Extrusion coatings
Europe1
#2 #3
8

Integrated across the packaging and paper value chain
Corrugated
packaging
Office and professional
printing paper
Industrial bags
Extrusion coatings
Personal care
components
Release liners
Technical films
Consumer goods
packaging
Forest
Forest
Paper for recycling
Pulp mill
Pulp mill
Pulp mill
Nonwoven plant
Film extrusion plant
Paper mill
Paper mill
Paper mill
Nonwovens
Films
Uncoated fine paper
Box plant
Finishing
Converting
plant
Converting
plant
Pulp
Resins
Pulp
Pulp
Recycled and virgin
containerboard
Sack kraft paper and
speciality kraft paper
March 2018 9

Shipping and
transport
Office paper
Durable
consumer goods
Medical and
pharmaceutical
Chemicals and
dangerous goods
Retail and
e-commerce
Mondi Group presentation Visit mondigroup.com/portfolio to explore solutions for your industry. March 2018
Agriculture
Paper and
packaging
converting
Food and
beverages
Building and
construction
Professional
printing
Home and
personal care
Automotive
Graphic and
photographic
Pet care
10
Quality packaging and paper solutions for multiple industries

Sustainability
Light-weighting
Rigid to flexible plastic
Recyclable
Conscious consumer
E-commerce
Fast paced and mobile
Convenience
Hassle-free
Hybrid printing
Well positioned to leverage industry trends
Our solutions for the trends shaping the world
– today and tomorrow

Our customers come froma variety of industries
and sectors who have one thing in common:
a partner in Mondi for quality, innovation and sustainable growth.

Related article: Eco-packaging breakthrough
Mondi presents: SKOG for Food – sustainable and fresh
SKOG for Food is the result of nearly two years of intensive
development. Consumers will experience eco-friendly
packaging which even helps lengthen the time food
can be stored at home.
Marcin Śpiewok, Business Development Manager, SILBO
“ “
● Sustainable packaging for filling on vertical
form-fill-seal machines
● Double-sided coating = required barriers + the right
sealing properties
● Gas permeable = keeps produce fresh longer
● Available with biodegradable coating Sustainex®
for an even more eco-friendly packaging solution
Agriculture and fresh produce
(Sun)Shine in your field

Agriculture and fresh produce
March 2018Mondi Group presentation 14Discover more solutions for your specific needs: mondigroup.com/agriculture
Watermelon’s Dream
Product of Corrugated Packaging
● Easy to assemble and stack
● Saves space and transport costs
● Convenient carrying handles
Pasted / pinch / sewn open-mouth bags
Products of Industrial Bags
● Excellent sealing properties
● Variety of barrier options
● Optimal palletisation
● Hermetic bottom closure
The new packaging from Mondi provides a smart
pick-up-&-go solution which simplifies transport
and storage of watermelons, both for retailers and
consumers, and still looks great on the shelf. We
are delighted with the new functional design, also
because we managed to reduce the food waste in
the supply chain by 13%.
Tolga Acar, Sales Director Turkey
Mondi Corrugated Packaging
“
“
Some other solutions

Mondi presents: Advantage Semi Extensible White Print
I am delighted that we chose Advantage Semi Extensible
White Print and are working with Mondi’s Sack Kraft Paper
business. We have received very positive feedback about
the new product, the printing and bag performance from
our customers around the world.
Hans Graat, Plant Manager, HAVENS Horsefeed
Pet care
Solutions for dry and wet pet food, snacks, treats and other pet
care products
● Excellent physical strength and printability
● Right choice for the best possible bag, converting
and printing performance
● Premium look
“
“

Pet care
March 2018Mondi Group presentation 16Discover more solutions for your specific needs: mondigroup.com/pet-care
FlexziBox®
Product of Consumer Goods Packaging
● Open-close feature keeps product fresh longer
● Shelf stability
● Carrying handle available for larger, heavy bags
● Top and bottom filling possible
Pouches and laminates
Products of Consumer Goods Packaging
● Premade pouches
● Printed laminates
Self-standing and pinch-bottom
open-mouth bags
Products of Consumer Goods
Packaging and Industrial Bags
● With or without gusset
● Various sizes
● Block bottom
Examples of other solutions

Looking for someone who sees the whole picture?
Whether for femcare, baby care or adult care
products, our customers prefer working with a supplier
that can realise a complete product concept – not just
pieces and parts.
● Pad components and wrappers
● Release liners
● Barrier laminates
● Elastic diaper components
● Frontal tapes
Home and personal care
Get the 360° diaper components picture:
One-stop shop for convenience

Home and personal care
March 2018Mondi Group presentation 18Discover more solutions for your specific needs: mondigroup.com/home-and-personal-care
Water-soluble film
Product of Technical Films
● Sustainable films for single-dose
powder detergents
● Watch how it dissolves in seconds
Elastic materials
Product of Personal Care Components
● Soft and comfortable materials for diaper
back ears, tapes, waistband applications
and landing zones
Label films
● High-quality label face stock films
More of our solutions

Mondi presents: CornerPack
By pre-punching the scoring lines, our customers can
offer packaging that eliminates uncontrolled tears and
product spillage. The new design is foolproof. No
instructions needed, just follow the intuitive pathways.
Wilfried Thobe, R&D and Innovation Manager,
Mondi Consumer Goods Packaging
Food and beverages
Modern and hassle-free solutions for all your yummy products.
No compromises on quality or hygiene standards.
● Flexible opening: semi-circular, parallel scoring lines let
consumers choose how widely or narrowly to open the
pack simply by tearing along a line
● Convenient, easy and no mess
“ “

Food and beverages
March 2018Mondi Group presentation 20Discover more solutions for your specific needs: mondigroup.com/food-and-beverages
Advantage Formable
Product of Speciality Kraft Paper
● 100% virgin fibre
● Can be formed using existing technologies
● First natural brown formable paper
● High symmetrical stretch for uniform formability in all directions
SteamFast
Product of Consumer Goods Packaging
● An innovation in cooking technology and convenience
● Allows steam and pressure to build up so that consumers can enjoy
great-tasting, healthy food that cooks in minutes
● Our range includes Sauce & Steam, Prep & Steam, Zip & Steam,
SoupFast and Store & Steam products

Mondi presents: Vino Box® Sprint
Customers appreciate the speed and ease with which
the boxes stand ready for filling. And the choice of sizes
for one, two, three, four or six bottles gives them great
flexibility for fulfilling online orders.
Jan Donaubauer, Sales Director, Mondi Bad Rappenau
● One-piece solution with integrated dividers
● Saves time and money: uses less corrugated material
and yet is highly stable, with a shock-absorbing buffer
zone around the bottles
● The pre-glued box requires no assembly: it simply
pops up from a flat pack and is ready to use
● Strong and efficient
“ “
Retail and e-commerce
Go beyond just delivery. Create brand experience to
connect with your customer.

Retail and e-commerce
March 2018Mondi Group presentation 22Discover more solutions for your specific needs: mondigroup.com/retail-and-e-commerce
Box a Treasure
● Designed for the brand relaunch of an Austrian toy manufacturer
● Enhanced brand appeal
● Single-piece cardboard box resembles a toolbox or treasure chest
Courier Express Packaging: the flexible paper bag
Product of Industrial Bags
● Flexible, strong and durable paper bag suitable for packing
a big range of items, from electronics to clothing
● Tear strip for easy opening
● Easy returns thanks to the double adhesive closing feature
It has paid off to challenge packaging design
standards. Our relaunched product has exceeded
expectations and has been well received by our
customers. We’re pleased it has excited the new
generation, too.
Michael Tobias, Managing Director,
Matador Spielwaren GmbH
“ “

Mondi presents: Advantage Select
Mondi’s Advantage Select paper was the perfect choice.
The 80/85 g/m2 variant has revolutionised paper bag
sales in Asia, as it has provided us as well as our
customers with high-quality, low-cost solutions.
The bags are lighter, yet stronger, than the previous
three-ply versions.
Amer Faruque, CEO, Cherat Packaging Limited
“
“
● Our Advantage Select sack kraft paper has enabled
the largest cement packaging company in Pakistan to
switch most of its production from three-ply to two-ply
bags without compromising on strength or quality
● Material and cost savings
Building and construction
Building materials require uncompromising high-quality
packaging. Let us help you choose the right one.

Building and construction
March 2018Mondi Group presentation 24Discover more solutions for your specific needs: mondigroup.com/building-and-construction
SPLASHBAG
● More water-repellent than before
● Now resists rain for up to 6 hours
● Can be stored in wet environments for up to 120 hours
roomskin® and other decorative films
● For car interiors and consumer durables such as
furniture, laminate flooring, suitcases or white goods
● Durable surface protection
● Scratch resistant
● High-quality appearance

Mondi presents: thermoforming film
Mondi demonstrated expertise and competence in
fine-tuning their film to our manufacturing process and
therefore contributed to our cost-effective, high-value
interior components.
Peter Thielhorn, Process Innovation Manager,
Yanfeng Automotive Interiors
“ “
● Superior look and feel
● Solid safety performance
● Great value
© Yanfeng Automotive Interiors, 2015
Automotive
Smart solutions that drive your business forward

Automotive
March 2018Mondi Group presentation 26Discover more solutions for your specific needs: mondigroup.com/automotive
Protector Bags
● Flexible
● Cost efficient
● Ecological
● Multilayered paper-based open-mouth bags for packing bulky goods
pak-(k)it
● Lightweight container
with integrated pallet
● One flat pack for delivery
and storage
● Wet-strength adhesive
● Inserts possible
● Very fast to erect
(handling costs)
● High stackability
(up to 900 kg)

● Works well with all printing technologies
● Delivers consistent high-quality results
● Allows a variety of sophisticated post-print processing
Mondi presents: PERGRAPHICA®
The best feature of PERGRAPHICA® is freedom.
PERGRAPHICA® gives us the freedom to do almost
everything. The covers of our magazine Digitalic have
different processes of printing, and PERGRAPHICA®
keeps its qualities unchanged even after very different
ennobling processes. For our creativity, this is a great
advantage.
Francesco Marino, Founder, Digitalic
“
“
Professional printing and graphics
Unleash your creativity

Professional printing and graphics
March 2018Mondi Group presentation 28Discover more solutions for your specific needs: mondigroup.com/professional-printing and mondigroup.com/graphic-and-photographic
NEUJET®
Product of Uncoated Fine Paper
● Treated high-speed inkjet paper for the
most demanding print jobs
PERGRAPHICA®
● Premium design paper to fulfil the exacting
needs of the creative industry
AirXLiner® CCK
Product of Release Liner
● Structured clay-coated kraftliner (CCK) for
self-adhesive products
● An air egress function eliminates bubbles and
wrinkles during application to the end product
● Heat resistant, faster converting speed and
lower conversion costs

Mondi presents: Color Copy
92% of users surveyed told us they are very satisfied
with the quality of the paper and we shouldn’t change
anything. So we’ve focused on the branding, improved
packaging and new convenience options where we could
make Color Copy even better – on the outside – while
retaining strong brand recognition.
Johannes Klumpp, Marketing & Sales Director, Mondi Uncoated Fine Paper
“
“
● The most well-known brand for colour printing in Europe
● Perfect print results and consistent quality
● Exceptional environmental profile: CO2 neutral and
FSC®, EU Ecolabel and ISO 9706 certifications
● Available in office and all professional digital
printing formats
Office paper
The perfect paper for your best print results

Office paper
March 2018Mondi Group presentation 30Discover more solutions for your specific needs: mondigroup.com/office-paper
IQ: the intelligent paper brand for all printing needs
● Wide range of grammages (from 60 up to 400 g/m²) in various formats for all
printing needs, from office to professional print
● Perfect opacity and excellent runnability
● New innovative IQ SMART produced with Mondi’s unique TRIOTEC®
sandwich technology, giving the paper a high bulk and a premium look & feel
● ColorLok® enables faster drying, vivid colours and deep blacks
MAESTRO®: LIVE IN CONCERT
● Diverse range from cut-size to digital and offset papers
● Optimal for duplex printing due to reduced see-through
● New universal paper quality MAESTRO® standard+ with high
whiteness and trouble-free runnability
● ColorLok® enables faster drying, vivid colours and deep blacks

●
In touch with the future
Advances in technology, communication and information-sharing
have opened many new doors. Walk through them with us:

Research and development
This is where we develop creative and sustainable solutions for your success.
Uncoated Fine Paper Development Centre
Develops and improves a variety of paper grades for office and
professional printing with focus on digital print and specialities
Bag Application Centre
Tests our packaging solutions in our customers’ own processes
to ensure we fulfil customer requirements for industrial bags
Food Safety Laboratory
Develops smart and customised packaging solutions
optimised for food contact and supports our customers in
meeting increasingly stringent regulatory requirements
Packaging Paper R&D Innovation Centre
Develops containerboard, speciality and sack kraft
paper products and optimises processes
Print Competence Centre
Evaluates the very best possible print quality with
optimised ink consumption for a variety of our sack kraft
paper, speciality kraft paper and containerboard grades
Consumer Packaging R&D Centre
Develops innovative flexible film solutions with state-of-
the-art equipment in analytics and pilot plant, taking into
account the latest developments in raw materials and
processing and conversion technologies
March 2018 32

One example of how we collaborate to inspire and
innovate is the Mondi Speed Data Hackathon.
Fifty PhD students from all over Europe took part in this
workshop in Austria in 2017. In small teams mentored by
Mondi employees, the doctoral students used big data
concepts to imagine novel packaging and paper
applications and manufacturing.
Collaborate, innovate, inspire
We continually partner with universities and research institutes
to foster new ideas and innovation.
By organising this year’s student workshop, Mondi showed
its ongoing commitment to driving that innovation and its
integral role in helping the industry keep moving forward.
Tad Maloney, President, Association of European
Fibre and Paper Research Organisations (EFPRO)
“ “
Related article: Mondi hackathon

Our digital sales and service platforms give round-the-clock
access to the information you want and need. Here are a few of
our e-tools:
myMondi – enables uncoated fine paper customers to explore
our portfolio of office and professional printing papers, place
orders and manage their accounts online
Corrugated Paper Expert – offers our containerboard
customers exclusive online access to technical information
and insights about containerboard, converting and
corrugated board
ebags – our online platform where our industrial bags
customers can place and track orders. Soon to be
improved with more functions, information and
user friendliness.
Digital sales and service 24/7
Added convenience and support for your success are at hand.

●
Sustainable development
●
●
Our business – and our society – face sustainability challenges
that are ever changing and increasingly complex. Following
wide-ranging dialogues with stakeholders we developed our
Growing Responsibly model in 2015 – a framework of 10 action
areas to meet our sustainable development commitments for
the year 2020 and beyond.

Growing responsibly
Our Growing Responsibly model is the framework through which we respond to sustainability challenges
and opportunities. It enables us to demonstrate, monitor and improve our performance across the value
chain. The model covers 10 action areas which reflect the most relevant sustainability aspects for Mondi
and our stakeholders, and 16 commitments to 2020 and beyond.
March 2018
Climate change
By 2030, reduce specific CO2e emissions by 15% against 2014
Employee and contractor safety
Avoid work-related employee and contractor fatalities
Prevent life-altering injuries
Reduce TRCR by 5% against 2015
Sustainable fibre
Maintain 100% FSC certification of owned and leased forestry
operations and promote sustainable forest management
Procure a minimum of 70% of wood from FSC- or PEFC-
certified sources
Fairness and diversity in the workplace
Promote fair working conditions in the workplace
A skilled and committed workforce
Engage with our people to
create a better workplace
36

Growing responsibly
Solutions that create value for our customers
Encourage sustainable, responsibly produced products
Constrained resources
and environmental impacts
Reduce specific contact water consumption by 5%*
Reduce specific waste to landfill by 7.5%*
Reduce specific NOx emissions by 7.5%*
Reduce specific effluent load (chemical oxygen
demand, COD) by 5%*
Relationships with communities
Enhance social value to our communities through effective
stakeholder engagement and meaningful social investments
Supplier conduct and responsible procurement
Encourage supply chain transparency and promote
fair working conditions together with key suppliers
Biodiversity and ecosystems
Promote ecosystem stewardship in the
landscapes where we operate through
continued multi-stakeholder collaboration
March 2018
Visit mondigroup.com/sustainability to see examples of
how we are using the Growing Responsibly model to deliver
meaningful improvements to sustainability challenges.
* against 2015 37

In 2017 we extended our global Partnership with WWF
by another three years.
We are continuing to focus on stewardship of forests, forest
plantations, climate, energy and freshwater – both in our
own operations and through engaging others.
To meet customer needs and at the same time reduce our
impact on the environment, we are tackling three of today’s
biggest challenges: deforestation, water scarcity and
climate change.
Partnership for a sustainable future

An inspiring place to work
Our people make all the difference.

An inspiring place to work
Working at Mondi is exciting and challenging!
“
“
Learn about job openings and opportunities with Mondi
all over the world at mondigroup.com/careers.
If you have an entrepreneurial spirit and a passion to perform in
a multicultural environment, Mondi is a place where careers and
opportunities can flourish.
The Mondi Academy delivers insightful and state-of-the-art
training to Mondi employees.
That’s why we say:
Unfold your and our true potential.
Mondi Group presentationMondi Group presentation

The Mondi Way
We delight you with innovative and sustainable packaging
and paper solutions. Every day.
Purpose
We drive value accretive growth via our four strategic value drivers:
● Drive performance along the value chain
● Invest in assets with cost advantage
● Inspire our people and grow responsibly
● Partner with customers for innovation
Strategy
Operating Framework
The Mondi Diamond
● Operational Excellence
● Successful Customers
● Sustainable Development
● Cutting-edge Solutions
● Inspired People
Culture & Values
We are dynamic, entrepreneurial and empowered
● Passion for performance
We are respectful and responsible
● Caring
We encourage honesty and transparency
● Acting with integrity
41

March 2018
Our Operating Framework – The Mondi Diamond
● Target zero harm through an
uncompromising commitment to safety
and promote a healthy work environment
● Manage our resources responsibly,
reduce environmental impacts, and
enhance social value
Sustainable Development
● Listen to our customers and work in
partnership to create innovative, high-quality
and sustainable solutions
● Collaborative across our businesses,
leveraging our global network and expertise
to create value for our customers
Cutting-edge Solutions
● Continuously improve our processes
to optimise costs, productivity,
efficiency and margins
● Deliver on quality and service
expectations
Operational Excellence
● Understanding market and customer
needs to develop long-term partnerships
● Offer exceptional value with products
and services that our customers
recognise as top quality
Successful Customers
● Embrace diversity and employee
integration, valuing our differences
and respecting each other
● Create a collaborative, inspiring
work environment and enable our
people by offering a wide range of
learning experiences
Inspired People
Mondi Group presentation 42

Stay in touch
Learn more about the industry, latest trends and
stories from all across Mondi on our online newsroom
mondigroup.com/newsroom.
Join the conversation – we’d love to hear from you!

Forward-looking statements disclaimer
This document includes forward-looking statements. All statements other than statements of historical facts included herein, including, without limitation, those regarding Mondi’s financial position, business strategy, market growth
and developments, expectations of growth and profitability and plans and objectives of management for future operations, are forward-looking statements. Forward-looking statements are sometimes identified by the use of forward-
looking terminology such as ‘believe’, ‘expects’, ‘may’, ‘will’, ‘could’, ‘should’, ‘shall’, ‘risk’, ‘intends’, ‘estimates’, ‘aims’, ‘plans’, ‘predicts’, ‘continues’, ‘assumes’, ‘positioned’ or ‘anticipates’ or the negative thereof, other variations
thereon or comparable terminology. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Mondi, or industry results,
to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements and other statements contained in this document regarding
matters that are not historical facts involve predictions and are based on numerous assumptions regarding Mondi’s present and future business strategies and the environment in which Mondi will operate in the future. These
forward-looking statements speak only as of the date on which they are made.
No assurance can be given that such future results will be achieved; various factors could cause actual future results, performance or events to differ materially from those described in these statements. Such factors include in
particular but without any limitation: (1) operating factors, such as continued success of manufacturing activities and the achievement of efficiencies therein, continued success of product development plans and targets, changes in
the degree of protection created by Mondi’s patents and other intellectual property rights and the availability of capital on acceptable terms; (2) industry conditions, such as strength of product demand, intensity of competition,
prevailing and future global market prices for Mondi’s products and raw materials and the pricing pressures thereto, financial condition of the customers, suppliers and the competitors of Mondi and potential introduction of competing
products and technologies by competitors; and (3) general economic conditions, such as rates of economic growth in Mondi’s principal geographical markets or fluctuations of exchange rates and interest rates.
Mondi expressly disclaims
a) any warranty or liability as to accuracy or completeness of the information provided herein; and
b) any obligation or undertaking to review or confirm analysts’ expectations or estimates or to update any forward-looking statements to reflect any change in Mondi’s expectations
or any events that occur or circumstances that arise after the date of making any forward-looking statements,
unless required to do so by applicable law or any regulatory body applicable to Mondi, including the JSE Limited and the LSE.

Mondi Group presentation March 2018

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