Leading packaging and paper manufacturer, Mondi, is launching a fully recyclable 80% paper-based packaging solution for cold meats and cheese. The new packaging will reduce plastic usage for Austrian dairy producer SalzburgMilch by approximately 40 tonnes per year, compared to its previously used rigid plastic trays. Mondi has launched its innovative PerFORMing removable in partnership with SalzburgMilch for the brand SalzburgMilch Premium and the premium own-brand SPAR Natur*pur organic cheese slices. The shallow paper tray combines the recyclability of paper with the essential barrier properties of a thin plastic coating to keep food fresh and avoid waste. Technical details about the product: *Formable paper packaging with a patented barrier *Made from natural brown paper (Advantage Formable Brown) *Ideally suited for shallow food trays (e.g. for cheese, meat or fish) *High symmetrical stretch for uniform formability *Suitable for existing filling lines *Results in 70% less plastic used compared to plastic trays *70% CO2 reduction compare to plastic alternative

Silgan Holdings Inc. announced that it entered into a new amended and restated stockholders agreement with its co-founders, D. Greg Horrigan and R. Philip Silver, which amends the existing stockholders agreement to remove the contractual right of the co-founders of the Company to nominate for election all Directors of the Company so long as they and their affiliates held a certain amount of shares of Common Stock of the Company. The co-founders of the Company and their affiliates still as of today hold more than such amount of shares of Common Stock of the Company. Under the new amended and restated stockholders agreement, the co-founders, so long as they and their affiliates own at least five percent of the Common Stock of the Company, retain the right to nominate one nominee for election as a Director of the Company, which nominee must be one of the co-founders. As a result of the new amended and restated stockholders agreement which removed the contractual right of the co-founders of the Company to nominate for election all Directors of the Company, the Board of Directors of the Company established a Nominating Committee of the Board of Directors which consists of all of the independent Directors of the Company. The primary responsibility of the new Nominating Committee of the Board of Directors of the Company will be to assist the Board of Directors in identifying qualified candidates as nominees for the Board of Directors of the Company.

Total packaging papers & specialty packaging shipments in December increased 13% compared to December 2023. They were up 11% when compared to the same 12 months of 2023. The operating rate for unbleached packaging papers was 87.5%, up 12.5 points from December 2023 and up 6.4 points year-to-date. Shipments of the biggest subgrade in bleached packaging papers – food wrapping – were 23.6 thousand short tons for the month of December, down 0.6% from the same month last year and down 0.5% year-to-date.