Bemis : Investor Briefing - November 2018

A passionate commitment to the growth and success of our customers will make Bemis the clear choice for inspired packaging solutions

INVESTOR BRIEFING

November 2018 NYSE: BMS

Our vision:

BEMIS: INSPIRED PACKAGING SOLUTIONS

We are:

a leading solution-provider of flexible and semi-rigid plastic packaging

a strong global business with a long-term focus

a S&P Dividend Aristocrat with 35 consecutive years of annual dividend increases

committed to creating long-term, sustainable shareholder value

16,000	BMS	Neenah, WI	1858
employees	NYSE ticker	headquarters	established

Leading technologies. Broad product line. Global size & scale. Leading technologies. Broad product line. Global size & scale.

POSITIONING BEMIS FOR SUCCESS

fix, strengthen, grow

Agility provides near-term profit improvements ("fix") and creates the foundation for growth & success ("strengthen & grow")

RESTRUCTURING AND COST SAVINGS PLAN

Bemis' Agility includes our $65 million cost savings plan

($ in millions)

$65 targeted savings

$110-$125 cost, of which $75-$85 is cash

Savings timeline: $4.1 in 2017; $35 in 2018; remainder in 2019

Savings include:

$17	$5	$35	$8
4 plant closures	consolidation of	500 administrative	other costs
(business moved to other	certain office space	positions	(examples include: storage,
facilities*)			transportation, travel)

This plan improves efficiency & profitability, properly aligns our fixed cost structure, and positions Bemis for long-term success

*One additional plant closure (for a total of 5) announced with the closure of the Shelbyville, TN facility; business from this one facility will cease and not be transferred to existing facilities.

AGILITY - STRENGTHEN & GROW

We are aligning our people, processes, and assets to excel in short-run business and non-food applications. Our pilots are underway with:

a managed product portfolio

a streamlined set of "core specs" to simplify decision-making

a quick quoting procedure

to better serve the timeline & needs of customers

sales & customer service associates supporting

equipment dedicated to servicing short-runs

Actions during 2018 lay the foundation for future growth