SIG Combibloc : Bank of America Conference

SIG COMBIBLOC

MARCH 2022

CEO SAMUEL SIGRIST CFO FRANK HERZOG

BANK OF AMERICA CONFERENCE

DISCLAIMER AND CAUTIONARY STATEMENT

The information contained in this presentation is not for use within any country or jurisdiction or by any persons where such use would constitute a violation of law. If this applies to you, you are not authorised to access or use any such information.

This presentation may contain "forward-looking statements" that are based on our current expectations, assumptions, estimates and projections about us and our industry. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain the words "may", "will", "should", "continue", "believe", "anticipate", "expect", "estimate", "intend", "project", "plan", "will likely continue", "will likely result", or words or phrases with similar meaning. Undue reliance should not be placed on such statements because, by their nature, forward-looking statements involve risks and uncertainties, including, without limitation, economic, competitive, governmental and technological factors outside of the control of SIG Combibloc Group AG ("SIG", the "Company" or the "Group"), that may cause SIG's business, strategy or actual results to differ materially from the forward-looking statements (or from past results).

For any factors that could cause actual results to differ materially from the forward- looking statements contained in this presentation, please see our offering circular for the issue of notes in June 2020. SIG undertakes no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or circumstances or otherwise. It should further be noted that past performance is not a guide to future performance. Persons requiring advice should consult an independent adviser.

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This presentation is not an offering circular within the meaning of the Swiss Financial Services Act, nor is it a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange or a prospectus under any other applicable laws.

In this presentation, we utilise certain alternative performance measures, including but not limited to core revenue, EBITDA, adjusted EBITDA, adjusted EBITDA margin, net capex, adjusted net income, free cash flow and net leverage ratio that in each case are not defined in International Financial Reporting Standards ("IFRS").

These alternative non-IFRS measures are presented as we believe that they and similar measures are widely used in the markets in which we operate as a means of evaluating a company's operating performance and financing structure. Our definition of and method of calculating the measures stated above may not be comparable to other similarly titled measures of other companies and are not measurements under IFRS, as issued by the IASB or other generally accepted accounting principles, are not measures of financial condition, liquidity or profitability and should not be considered as an alternative to profit from operations for the period or operating cash flows determined in accordance with IFRS, nor should they be considered as substitutes for the information contained in our consolidated financial statements. You are cautioned not to place undue reliance on any alternative performance measures and ratios not defined in IFRS included in this presentation.

Alternative performance measures

For additional information about alternative performance measures used by management that are not defined in IFRS, including definitions and reconciliations to measures defined in IFRS, the change in our calculation methodology for constant currency and a definition of like-for-like growth rates please refer to this link: https://www.sig.biz/investors/en/performance/definitions

Some financial information in this presentation has been rounded and, as a result, the figures shown as totals in this presentation may vary slightly from the exact arithmetic aggregation of the figures that precede them

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LEADING SYSTEMS AND SOLUTIONS PROVIDER FOR ASEPTIC PACKAGING

GLOBAL FOOTPRINT WITH INTEGRATED SUPPLY CHAINS

Americas	18%	Europe	35%	MEA	14%	APAC	33%
		Installed		Installed		Installed
Installed		filler		filler		filler
filler base	169	base	456	base	239	base	431

1Share of global aseptic liquid dairy, non-carbonated soft drinks & aseptic/retort liquid food carton supply in core geographies excl. Japan, India, Peru, Argentina, Chile in 2020

Note: Financials and other statistics as of December 31, 2020 unless noted otherwise.

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	#2 system		Razor/razor-			1,295 fillers in the
	provider globally		blade business			field
	in resilient, growing		model with long-
	end-markets		term customer
				relationships
	Core revenue		Adj. EBITDA			Track record of
	€2.0bn			margin 27.7%			growth and margin
				Post-tax ROCE			expansion
				31.0%
	End-markets				Aseptic carton share1
						(volume)
	7%	6%		Liquid dairy						Other
							22
				Non-
	25%			carbonated						Tetra Pak
		68%		soft drinks
			Food			63		15	SIG

ASEPTIC CARTON POSITIONED FOR GROWTH

RELIABLE, PROTECTIVE & SUSTAINABLE MEDIUM

TRENDS UNDERPINNING GROWTH		RESILIENT PACKAGING SYSTEM
	Population growth				Retains nutrients & vitamins
	Rising disposable incomes				No preservatives
	Convenience & urbanisation				Allows ambient storage & distribution
	Affordability & cash outlay				Long shelf life & convenience
	Food safety, health & quality focus				Sustainable inputs
					Low carbon footprint vs. alternatives
	Higher demand for packaged & branded products
	Increasing focus on sustainability

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SIG IN THE FOOD AND BEVERAGE VALUE CHAIN

Filling technology and packaging material

Filling lines

Carton packs

Closures

Sleeve-based packaging systems providing 270+ packaging options to our customers

Technical Service	Complete
	customised
	solutions

~600 field service	Innovative and
engineers
	differentiated
Spare parts delivery	products
worldwide	Smarter
Technical support	factories
Five regional	More
connected
training centres	packaging

Flexible services to maximise
reliability and efficiency in food	Added value through
and beverage production	customised complete solutions

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