MNDI.L

Mondi Plc
Mondi Plc - Mondi launches EUR500 million Eurobond
23rd May 2024, 15:25
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Mondi plc

(Incorporated inEnglandandWales)

(Registered number:6209386)

LEI:213800LOZA69QFDC9N34

LSE share code: MNDIISIN:GB00BMWC6P49

JSE share code: MNP

23 May 2024

NOT FOR DISTRIBUTION IN OR INTOTHE UNITED STATESOR FOR THE ACCOUNT OR BENEFIT
OF, U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF
1933) OR IN OR INTO ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE
PROHIBITED BY APPLICABLE LAW

Mondi launches €500 million Eurobond

Mondi has successfully launched a €500 million, 8-year Eurobond. Proceeds of the
issue, which is due to close on 31 May 2024, will be used for general corporate
purposes.

The Eurobond matures in May 2032, has a coupon of 3.75%, and an application will
be made for it to be admitted to trading on the London Stock Exchange's
regulated market. The joint book-runners for the issue were Barclays, BBVA, BofA
Securities, Erste Group and Raiffeisen Bank International.
The Eurobond will be issued under Mondi's Euro Medium Term Note (EMTN)
programme, which is rated Baa1 by Moody's and A- by Standard and Poor's.
Mike Powell, CFO, Mondi Group, said "We are pleased to have successfully
launched a €500 million Eurobond today, which was supported by a wide range of
European investors. This bond will extend our debt maturity profile and further
strengthen the Group's liquidity position."

THIS ANNOUNCEMENT IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY IN OR INTOTHE
UNITED STATESOR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN
REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933 (THE "SECURITIES ACT")). THIS
ANNOUNCEMENT IS NOT AN OFFER TO SELL SECURITIES OR THE SOLICITATION OF ANY OFFER
TO BUY SECURITIES, NOR SHALL THERE BE ANY OFFER OF SECURITIES IN ANY
JURISDICTION IN WHICH SUCH OFFER OR SALE WOULD BE UNLAWFUL.

This communication is directed only at (i) persons who are outside theUnited
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meaning of Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (as amended) of theUnited Kingdom(the
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Enquiries

Fiona Lawrence+44 742 587 8683

Group Head of Investor Relations

James Paterson+44 799 053 4384

Group Treasurer

Editor's notes

Mondi is a global leader in packaging and paper, contributing to a better world
by producing products that are sustainable by design. We employ 22,000 people in
more than 30 countries and operate an integrated business with expertise
spanning the entire value chain, enabling us to offer our customers a broad
range of innovative solutions for consumer and industrial end-use applications.
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 2023, Mondi had revenues of €7.3 billion and underlying EBITDA of €1.2
billion. 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).

mondigroup.com

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

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