Circular Innovation

and Sustainability

September 23th - 2022

 CP&S
TOP IMPROVEMENTS/ACTIONS TO PURSUE
1. Bolster Delivery & Supply Performance
Service gaps were the top complaint. Extended lead times, incomplete orders, late deliveries, and lack of flexibility were all
mentioned multiple times. Frustrations are exacerbated by a perceived lack of interest to address complaints in several
cases.
2. Improve Ease of Doing Business
Many complained that Amcor is far too bureaucratic and complicated to work with—simple requests and questions are often
delayed—customers must regularly follow up.

3. Focus on Care for the Customer

Customers sense that Amcor has become more inwardly focused—caring less about the customer.

4. Accelerate Innovation Speed

Despite Amcor’s impressive capabilities, slow responses to requests and lengthy development timelines cost the business
new opportunities.

5. Expand Sustainability Support

New business growth will occur with sustainable solutions. Amcor is winning the race with some accounts. With others,
Amcor is trailing competitors.

6. Rethink Pricing Approach/Contract Process

Customers are frustrated—some even offended—with Amcor’s approach to pricing and contracts.

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User Guide Please delete

• The VOC shows we have work to do in terms of our Sustainability & Innovation positioning

• This deck is intended to start a conversation on a Sustainability & Innovation Journey

A few key details:

• No flexible packaging company can match our sustainability expertise
• Amcor now with 4,000 tons+ of Chemical Recycled Material
• Marketing & Sustainability Teams are happy to partner to help on this journey

Note:
• Optional slides at the end of deck
• Should you have any questions please contact trevor.davis@amcor.com

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Circular Innovation
and Sustainability

September 23th - 2022

4
Amcor at a glance

At home in homes Trusted by customers

around the world large and small
~ 50,000 colleagues
~ 250 locations across 40+ countries

What we make
• Flexible packaging (plastic, paper, aluminium)
• Rigid packaging
• Folding cartons
• Capsules
We produce packaging for more than 4,000 global,
regional and national brands

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We understand inflation is a focus
AND sustainability remains a priority
Inflation is growing Climate change and Consumers are looking
– adding to existing plastic pollution still rank for & rewarding
challenges high on consumer agenda sustainability that they
2021 2022
believe
46%
39%
36% 36% 36%
Euro area annual inflation is 33% 1 in 2 consumers do not know
expected to be 8.9% what commitments they can
in July 2022 trust

Energy expected to have the CLIMATE CHANGE / AIR QUALITY

(eg exhaust fumes,
PLASTIC POLUTION Amcor can work with you to
GLOBAL WARMING (eg exhaust fumes, industrial
highest annual rate Source: Mintel
industrial emissions) emissions)
help your message
8 000 global online consumers aged 16/18+ March 2021 & 16 000 global online
consumers aged consumers aged 16/18+ April 2022

Which of the environmental issues

are one of your top 3 concerns?

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Sustainability & Innovation drives our Amcor team

Design all our packaging

Design all our to be recyclable or
packaging to be reusable by 2025

recyclable or Significantly increase our

reusable by 2025 use of recycled content
materials in our packaging
and increase our
use of recycled Work with others to drive
consistently greater
content worldwide recycling of
packaging

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We look forward to jointly building YOUR journey
towards circularity
THE MULTI-MATERIAL STRUCTURE A TOPIC THAT NEEDED TO BE ADDRESSED
MAKES THE POUCH
NON-RECYCLABLE

Environmental issues consumers

are most concerned about

#1
Global
Warming

#2
Plastic
Pollution
Source: Amcor survey

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The value chain + legislation & taxes make a journey
even more necessary
European Countries Government
Regulators are designing packaging
policies and taxes, pushing for a
more sustainable packaging usage
across regions.

PLASTIC TAXES

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We have options to support your packaging
sustainability journey
Helps reduce Helps reduce
PLASTIC TAX EPR
Step 1
Understand your current packaging's carbon
footprint impact using ASSET

Step 2 *
Move to recycle-ready packaging

Step 3A *
Understand if paper-based solutions meet your product and
market needs

Step 3B
Look at additional circular options – recycled content and
lightweighting

Step 4
Consider biobased materials to further
reduce carbon footprint

* f ees per unit are lower v s incumbent non-RR plastic. Total weight of the
10 structure will impact the f inal contribution due.
Understand the environmental impact of your packaging
Understanding the often invisible impacts of your packaging can be difficult.
How do you choose the right packaging solution?
ASSET gives the data you need.

• Recyclable is only an attribute of the packaging

• Life-Cycle Assessment (LCA) provides a holistic view PackagingThe packaging

on the packaging’s environmental performance
life-cyclelife cycle

• Environmental performance should be at least maintained

or improved when switching to packaging that’s designed
to be recyclable, to avoid transfer of burden

• Amcor can support by conducting a specific LCA of your

packaging with ASSET TM

11 2
 Move to recycle ready
83% of our portfolio is now recycle ready

Range of plastics Polyolefin Standardization Mass recycling Recyclable flexible

used today Innovation (in process) (to come) packaging the norm
(vision for the future)

Lower
PET, PP, PE, Alu, PP/PE as alternative to PE and PP Due to carbon
Paper PET and alu foil standardization footprint
AND
recyclable*

12 2
Consider paper-based solutions with AmFiber
PrimeSeal and DairySeal DairySeal
AmFiber®
Packpyrus Paper Base Web Matrix Recycle-Ready
Performance Paper
Breathable Wrap
Recycle-ready, high-barrier Thermoformable paper fiber tray
Paraffin-free wrap for soft
paper solution for confectionery
cheese
products

13 3A
Mechanical Recycling is a great fit for Home & Personal Care

End product Packaging Recycling Recycled

collected plastic

30% PCR in final validation

14 3B
 Chemical Recycling is the ONLY recycling option
for food contact

Process Municipal Naptha

Pyrolysis Reactor Extrusion Lamination Slitting Customer
Step collection cracking
Process Plastic Plastic Certified recycled Certified recycled
Output Waste converted content resin content film
into
feedstock, Certified Material
monomers,
Package
oligomers Certified Material
Claims
and higher subtract yield loss
Certified Claim
hydrocarbons
subtract y ield loss

Who Consumer Pyrolysis tech Supplier Brand

15 Source: Plastic recyclers Europe 3B

Chemical recycling High level Value Proposition

Same properties Drop-in vs current Recognized and Reduces

The ONLY as virgin resin. resin → limited certified credit dependency on
recycled
qualification work if system supporting fossil resources.
solution for
No degradation of grade from the recycled content Supports circular
food packaging
properties of the same supplier as claims. economy
end packaging current
Also suitable for Reduces Spain
sensitive
Plastic Tax
applications like
petfood,
cosmetics, baby
care

16 3B
Chemical recycling with strong global demand
The demand is greater than the offer for now.
Amcor has secured important volumes.
Voice your needs.
2050 2030

Chemical recycled Chemical recycled

feedstock demand feedstock production
Source: Google 2020
over 100 million estimated to be 50
tonnes by 2050 million tonnes by
2030

Chemical recycling production

Source: McKinsey&Company, 2018
less than 80’000 tonnes today

17 3B
Future proof // Recycle Ready, Recycled Content &
Biobased working together

Fossil based virgin Flexible Packaging

Plastic Manufacturer

Collection and recycling is never

100 % effective
Brand
Virgin materials account for the Owners
losses in the recycling system

How do we further improve the

circular economy to achieve net
Zero? Retailers

Landfill Waste Collection

& Processing

18 4 18
Biobased as a drop in solution to reduce CO2

Considerations
▪ ‘Drop-in’ bio-based polyolefins are a recyclable alternative to
conventional plastics

Definition ▪ Bio-based (renewable) ≠ compostable ≠ biodegradable

Materials derived from
renewable sources such as ▪ Bio-based materials are also available as certified
corn, sugar cane, or trees (incl responsibly sourced materials, e.g. ensuring that they don’t
by-products). compete with food production.

▪ A negative carbon footprint allowing for claims such as

carbon neutral packaging

19 4
 Biobased High level Value Proposition

Available for food Same properties Drop-in vs current Recognized and Reduces
packaging as virgin resin. No resin → limited certified credit dependency on
degradation of qualification work if system supporting fossil resources.
Also suitable for properties of the grade from the biobased content Supports circular
sensitive end packaging same supplier as claims. economy
applications like current
petfood,
cosmetics, baby
care

20 4
Amcor has Recycled Content & Bio-based solutions / options

HOME AND
FOOD PERSONAL CARE

Chemical Recycled
Bio based
Content

HOME AND
PERSONAL CARE

High quality/ high performing Mechanical Recycled Content

Mechanical Recycled Content

21 3B 4
Summary Amcor Circular Portfolio
Mechanical PCR High quality/ high Chemical PCR Bio-based
performing
Mechanical PCR
Basic home care Sensitive Home Care Food & Healthcare Food & Healthcare
applications, secondary and some Personal
Target applications
wrappers Care applications

Limited availability,
Market Availability Available at Scale Limited Quantity Scaling up
technology scaling up

Amcor Global Supply Limited Quantity

GHG Impact
(vs. incineration)

Fossil Resources
dependency reduction
Price Index -
105% - 110% 110% - 115% 115% - 125% 115% - 125%
30% Content

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Next Steps
We look forward to partnering
Recycled Content
with you on your journey
• A letter will be sent with a link to capture your
demand

• We will work to allocate our existing supply

• Our ability to move with speed is determined by

current supplier

• We are constantly working across the value

chain and expanding our global offering on a
regular basis

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THANK YOU!

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