Mondi plc
Incorporated in England and Wales
Registered number: 6209386
Tax registration number: 454 12394 14454
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI         ISIN: GB00BMWC6P49
JSE share code: MNP


01 February 2024
Mondi Group – Special dividend euro/sterling exchange rate

Shareholders are referred to the circular published by Mondi plc (“Mondi” or the
“Company”) on Tuesday 19 December 2023 in respect of the proposed special dividend
and associated share consolidation and related matters (the “Circular”).

On 19 December 2023 Mondi announced that a special dividend of 160 euro cents per
ordinary share will be paid on Tuesday 13 February 2024 to all Mondi ordinary
shareholders on either the UK main register or the South African branch register on Friday
26 January 2024.

Mondi will pay the special dividend in euro. However, ordinary shareholders resident in
the United Kingdom will receive the dividend in sterling (unless such shareholders have
elected to receive their dividends in euro). The last date for euro currency elections was
Friday 26 January 2024. It was stated in the announcement on 19 December 2023 that
the euro/sterling exchange rate for the special dividend payment would be set today.
Accordingly, it is confirmed that sterling dividend payments will be converted at a rate of
EUR 1 to GBP 0.85298. Therefore, the equivalent special dividend in pence per ordinary
share will be 136.4768.

Shareholders holding their shares on the South African branch register will receive the
special dividend in South African rand cents, converted at a rate of EUR 1 to ZAR
20.26652. Therefore, the equivalent gross special dividend in rand cents per ordinary
share will be 3,242.64320.

Information relating to the dividend tax applicable to shareholders on the South African
branch register can be found in the ZAR/euro exchange rate announcement released by
Mondi on 19 December 2023.

About Mondi

Mondi is a global leader in packaging and paper, contributing to a better world by making
innovative solutions that are sustainable by design. Our business is integrated across
the value chain - from managing forests and producing pulp, paper and films, to
developing and manufacturing sustainable consumer and industrial packaging solutions
using paper where possible, plastic when useful. Sustainability is at the centre of our
strategy, with our ambitious commitments to 2030 focused on circular driven solutions,
created by empowered people, taking action on climate.
In 2022, Mondi had revenues of €8.9 billion and underlying EBITDA of €1.8 billion from
continuing operations, and employed 22,000 people worldwide. Mondi has a premium
listing on the London Stock Exchange (MNDI), where the Group is a FTSE100
constituent, and also has a secondary listing on the JSE Limited (MNP).

Sponsor in South Africa: Merrill Lynch South Africa Proprietary Limited t/a BofA
Securities.