Q4 2020 Highlights • Sales of $1,284 million (compared with $1,275 million in Q3 2020 (+1%) and $1,227 million in Q4 2019 (+5%)) o Operating income of $109 million (compared with $73 million in Q3 2020 (+49%) and operating loss of $(1) million in Q4 2019) o Operating income before depreciation and amortization (OIBD)1 of $181 million (compared with $154 million in Q3 2020 (+18%) and $76 million in Q4 2019 (+138%)) o Net earnings per share of $0.72 (compared with $0.51 in Q3 2020 and net loss per share of $(0.27) in Q4 2019). 2020 Annual Highlights • Sales of $5,157 million (compared with $4,996 million in 2019 (+3%)) o Operating income of $366 million (compared with $261 million in 20192 (+40%)) o Operating income before depreciation and amortization (OIBD)1 of $665 million (compared with $550 million in 20192 (+21%)) o Net earnings per share of $2.04 (compared with $0.77 in 20192)

Sonoco announced it is implementing a price increase for all resin-based products sold in North America. The increase amounts by formulation are: CPET/PET – 15 percent, PE – 10 percent, PP – 5 percent. The increase, which impacts thermoformed, injection-molded and extrusion-molded products, is effective with shipments beginning October 15, 2017. “With the unfortunate events surrounding Hurricanes Harvey and Irma, we are seeing a significant inflationary spike affecting the entire industry, not just Sonoco,” said Jeff DiPasquale, vice president and general manager for Sonoco’s Global Plastics division. “The unprecedented occurrence of these natural disasters has greatly impacted the North American resin supply chain in terms of both production and distribution. We are doing everything possible to minimize the impact of this disruption to our customers.”

At this year's Pack Expo in Las Vegas, Nevada, UPM Raflatac is thinking outside the package through innovative technologies designed to educate brand owners on industry-leading packaging decoration methods that can elevate their brands. When paired with the right package, high quality label materials help brands stand out on the shelf and grab consumer attention - and UPM Raflatac's paper and film products for craft beer, food and beverage to home and personal care containers outshine the rest. Show attendees are invited to visit UPM Raflatac at booth 6363 in the Lower South Hall of the Containers and Materials Pavilion see their paper and film materials and sustainable packaging solutions in action! Click Read More below for additional detail.