American Forest & Paper Association Releases January 2018 U.S. Packaging Papers & Specialty Packaging Monthly Report

Berry Global Group, Inc. announced its second investment for 2021 in the wipes segment to support the long-term consumer behavior shift towards infection prevention, amplified by the COVID-19 pandemic. The investment, located in Europe, will increase Berry’s production footprint in support of its global customers, with total investments reaching over $110 million in nonwoven materials for products such as hard surface disinfectant wipes. Prior to the demand surge of 2020, the European impregnated wet wipes segment, for home cleaning and disinfecting, was growing at the rate of five percent in the 2014 to 2019 time frame. COVID-19 has increased heightened focus on sanitation and personal hygiene for infection prevention, suggesting permanent consumer trends away from the chore of cleaning to a health and safety priority. “We strategically partner with many of the world’s leading brands with wipe materials, ensuring our investments align with demand for today and for the future. The reliability of our capacity and scale are paramount to our customer support and the trusted relationships we desire to maintain,” said Curt Begle, President of Berry’s Health, Hygiene, and Specialties Division.

Financial Highlights • Half-year profitability shaped by Covid-19 • Volumes building progressively throughout H1 ◦ -4.7% May, +3% October, overall H1 -1.0% ◦ November >+5% • Significant customer wins in Europe and North America driving market share gain • Q1 profitability affected by negative volumes, deflation and Covid related costs • Q2 good rebound in profitability – improving volumes and average Q2 RoS 9.5% • US showing good momentum driven by Indiana plant progress • Strong organic free cash flow +16%

What does it take to persuade consumers to choose your product over similar products on store shelves? One key factor is understanding consumers’ non-negotiable packaging priorities, such as hygiene, convenience, and sustainability. When introducing new reusable packaging or recyclable fiber-based solutions, conveying the right message about the package is vital to overcoming these obstacles getting your product chosen. Consumers are open to reuse systems. We recently conducted a survey of European consumers and found that 77% hold a positive view of reusable packaging; however, only 30% have a clear understanding of what reusable packaging means. This highlights the first challenge for brand owners: how to efficiently explain to consumers how the reuse system works while also addressing their priorities. Consumers rightly prioritize their health, questioning the hygiene and safety of reusable containers, particularly in the cases of food. Our survey showed that 78% of consumers raise this issue, making it one of the most common obstacles to adoption.