Mondi : Notice of Annual General Meeting 2024

Mondi plc

Notice of Annual General Meeting on Friday 3 May 2024

This document is important and requires your immediate attention

If you are in any doubt as to any aspects of the proposals referred to in this document or as to what action you should take, you are recommended to seek your own advice from a stockbroker, solicitor, accountant or other professional adviser authorised under the Financial Services and Markets Act 2000 immediately.

If you have sold or otherwise transferred all of your shares, please pass this document together with the accompanying documents at once to the purchaser or transferee, or the person who arranged the sale or transfer so they can pass these documents to the person who now holds the shares.

Key dates:

Wednesday 1 May 2024 (by 10:30 (UK time))

Last date for submission of form of proxy

Friday 3 May 2024

Annual General Meeting

Time: 10:30 (UK time)

Place: Mercedes-Benz World

Brooklands Drive

Weybridge

KT13 0SL

Voting:

Each ordinary resolution requires the support of a simple majority of the total votes cast. Each special resolution requires the support of 75% of the total votes cast.

Mondi plc Notice of Annual General Meeting 2024

Chair's letter

1

Mondi plc

Ground Floor, Building 5,

The Heights, Brooklands,

Weybridge, Surrey KT13 0NY

UK

Incorporated in England and Wales

Registered No. 6209386

To the holders of Mondi plc shares

Annual General Meeting 2024

The Annual General Meeting of Mondi plc (the "Company") will be held at Mercedes-Benz World, Brooklands Drive, Weybridge, KT13 0SL, UK at 10:30 (UK time) on Friday 3 May 2024. Directions to the venue can be found on page 16. We will again be offering shareholders the choice of joining the meeting in person or electronically. Full details on how you can participate electronically are set out in the notes on pages 12, 14 and 15.

Should there be any changes to these arrangements, these will be communicated to shareholders in advance of the Annual General Meeting through our website at www.mondigroup.com.

The Notice of Annual General Meeting is set out on pages 3 and 4, followed on pages 5 to 13 by an explanation of each resolution proposed and notes about your rights as a shareholder and information regarding the appointment of proxies. All voting at the meeting will be conducted on a poll.

Enclosed or otherwise made available with this Notice of Annual General Meeting ("Notice") is the Mondi Group Integrated report and financial statements 2023 containing the audited consolidated financial information for the Company for the year ended

31 December 2023.

Final dividend

Shareholders are being asked to give their consent for the Company to pay a final dividend of 46.67 euro cents per ordinary share. If the recommended final dividend is approved, the dividend will be paid on 14 May 2024 to all ordinary shareholders on the Company's register of members on 5 April 2024.

Action to be taken

Your involvement in the Annual General Meeting is valued either in person (physically or electronically) or by proxy and is an important part of our dialogue with shareholders.

If you are entitled to vote but are unable to attend the Annual General Meeting (either in person or electronically), you can submit your voting instruction using the enclosed proxy form or alternatively electronically as explained in the notes to the Notice of Annual General Meeting on page 10. Please ensure that your proxy appointment reaches the registrar by no later than 10:30 (UK time) on Wednesday 1 May 2024. A proxy need not be a member of the Company but must attend the Annual General Meeting (either in person or electronically) to represent you. Submission of a proxy appointment will not prevent you from attending the Annual General Meeting (either in person or electronically).

Hybrid arrangements for the Annual General Meeting

We encourage shareholders to participate in the Annual General Meeting by attending in person or by participating electronically through the online Lumi platform, which can be accessed by following the instructions on pages 12, 14 and 15. Shareholders attending the Annual General Meeting electronically will be able to hear, but not view, the directors, ask questions (in writing or verbally) and vote in real time as if they were attending in person.

Mondi plc Notice of Annual General Meeting 2024

Chair's letter continued

2

Asking questions

Shareholders attending the Annual General Meeting either in person or electronically can ask questions during the course of the meeting. In addition, shareholders can submit written questions by email in advance of the Annual General Meeting. Where possible, we will aim to provide written responses to questions submitted by Friday 26 April 2024 directly to shareholders before 10:30 (UK time) on Wednesday 1 May 2024, i.e. before the deadline for submission of a proxy appointment. Please email these questions to [e-mail]. Where appropriate, we will also publish answers to frequently asked questions on Mondi's website.

Recommendation

The Board believes that all the proposals to be considered at the Annual General Meeting are in the best interests of the Company and its shareholders as a whole. The directors unanimously recommend that you vote in favour of all the proposed resolutions as they intend to do in respect of their own beneficial holdings.

Yours sincerely

Philip Yea

Chair

19 March 2024

Mondi plc Notice of Annual General Meeting 2024

Notice of Annual General Meeting of Mondi plc

3

Mondi plc

Incorporated in England and Wales Registered No. 6209386

London Stock Exchange share code: MNDI

JSE share code: MNP ISIN: GB00BMWC6P49

Notice is hereby given that the Annual General Meeting of Mondi plc will be held at Mercedes-Benz World, Brooklands Drive, Weybridge, KT13 0SL, UK and electronically (details provided in the notes to the Notice of Annual General Meeting), commencing at 10:30 (UK time) on Friday 3 May 2024 to transact the following business:

To consider and, if deemed fit, to pass, with or without modification, the following resolutions:

Ordinary resolutions

1. To receive the audited financial statements of Mondi plc for the year ended 31 December 2023, together with the reports of the Audit Committee, the directors and the auditors of Mondi plc.
2. To approve the directors' remuneration report of Mondi plc, other than the part containing the Directors' Remuneration Policy, for the year ended 31 December 2023 as set out on pages 138 to 149 of the Mondi Group Integrated report and financial statements 2023.
3. To declare a final dividend of 46.67 euro cents per ordinary share in Mondi plc for the year ended 31 December 2023.
4. To re-elect Svein Richard Brandtzaeg as a director of Mondi plc in accordance with the provisions of the Articles of Association.
5. To re-elect Sue Clark as a director of Mondi plc in accordance with the provisions of the Articles of Association.
6. To re-elect Anke Groth as a director of Mondi plc in accordance with the provisions of the Articles of Association.
7. To re-elect Andrew King as a director of Mondi plc in accordance with the provisions of the Articles of Association.
8. To re-elect Saki Macozoma as a director of Mondi plc in accordance with the provisions of the Articles of Association.
9. To re-elect Mike Powell as a director of Mondi plc in accordance with the provisions of the Articles of Association.
10. To re-elect Dominique Reiniche as a director of Mondi plc in accordance with the provisions of the Articles of Association.
11. To re-elect Dame Angela Strank as a director of Mondi plc in accordance with the provisions of the Articles of Association.
12. To re-elect Philip Yea as a director of Mondi plc in accordance with the provisions of the Articles of Association.
13. To re-elect Stephen Young as a director of Mondi plc in accordance with the provisions of the Articles of Association.
14. To appoint PricewaterhouseCoopers LLP as auditors of Mondi plc to hold office until the conclusion of the Annual General Meeting to be held in 2025.
15. To authorise the Audit Committee to determine the remuneration of PricewaterhouseCoopers LLP.
16. That the directors be generally and unconditionally authorised pursuant to and in accordance with Section 551 of the Companies Act 2006 to exercise all the powers of Mondi plc to allot shares or grant rights to subscribe for or to convert any security into shares up to an aggregate nominal amount of €4,855,537.83. Such authority to apply in substitution for all previous authorities pursuant to Section 551 of the Companies Act 2006 and to expire at the conclusion of the next Annual General Meeting to be held in 2025 or, if earlier, 30 June 2025, but so that Mondi plc may make offers or enter into agreements during the relevant period which would,
    or might, require shares to be allotted or rights to subscribe for or to convert any shares to be granted after the authority expires.

Mondi plc Notice of Annual General Meeting 2024

Notice of Annual General Meeting of Mondi plc continued

4

Special resolutions

17. That, subject to the passing of resolution 16, the directors be authorised to allot equity securities (as defined in Section 560(1) of the Companies Act 2006) for cash under the authority given in resolution 16 and/or to sell ordinary shares held by Mondi plc as treasury shares for cash as if Section 561 of the Companies Act 2006 did not apply to any such allotment or sale, such authority being limited to:

1. a Rights Issue to ordinary shareholders (excluding any holding of treasury shares) where the rights of each shareholder are, as nearly as practicable, proportionate to the number of shares held. The directors may exclude certain shareholders, deal with fractions and generally manage the Rights Issue as they think fit; and
2. the allotment (otherwise than under paragraph i. above) of equity securities or sale of treasury shares up to a nominal value of €4,855,537.83 being 5% of the nominal value of the existing issued share capital as at 11 March 2024;

such authority to expire at the conclusion of the next Annual General Meeting to be held in 2025 or, if earlier, 30 June 2025, but, in each case, so that the Company may make offers and enter into agreements which would, or might, require equity securities to be allotted (and treasury shares to be sold) after the authority expires and the directors may allot equity securities (and sell treasury shares) under any such offer or agreement as if the authority had not expired.

For the purposes of this resolution 17, 'Rights Issue' has the meaning given to the term in the Articles of Association.

18. That Mondi plc is generally and unconditionally authorised for the purpose of Section 701 of the Companies Act 2006 to make market purchases (as defined in Section 693 of the Companies Act 2006) of its own ordinary shares of €0.22 each in the capital of Mondi plc provided that:

1. the maximum number of ordinary shares which may be purchased is 22,070,626 (representing 5% of Mondi plc's issued ordinary share capital as at 11 March 2024);

ii. the minimum price which may be paid for any ordinary share is €0.22;

1. the maximum price which may be paid for any ordinary share is no more than 5% above the average of the middle market quotations of the ordinary shares of Mondi plc as derived from the London Stock Exchange Daily Official List for the five business days immediately before the day on which such share is contracted to be purchased; and
2. this authority will expire at the conclusion of the Annual General Meeting to be held in 2025 or, if earlier, 30 June 2025 (except in relation to the purchase of shares the contract for which was concluded before the expiry of such authority and which may be executed wholly or partly after such expiry).

19. That a general meeting other than an annual general meeting may be called on not less than 14 clear days' notice.

By order of the Board

Jenny Hampshire Company Secretary

19 March 2024

Registered office: Ground Floor, Building 5, The Heights, Brooklands, Weybridge, Surrey KT13 0NY

UK

Incorporated in England and Wales No. 6209386

Mondi plc Notice of Annual General Meeting 2024

Explanation of resolutions

5

Resolution 1 - Mondi Group Integrated report and financial statements 2023

The directors are required by the Companies Act 2006 to present to the meeting the audited financial statements, together with the reports of the Audit Committee, the directors and the auditors, for the financial year ended 31 December 2023.

Enclosed or otherwise made available with this Notice of Annual General Meeting is a copy of the Mondi Group Integrated report and financial statements 2023 containing the audited consolidated financial information of the Company for the year ended 31 December 2023.

Resolution 2 - directors' remuneration

The Companies Act 2006 requires that the directors present a report on their remuneration during the period under review. The report for the year ended 31 December 2023 is set out on pages 138 to 149 of the Mondi Group Integrated report and financial statements 2023.

Shareholders are being asked to approve the Directors' Remuneration Report, other than the part containing the Directors' Remuneration Policy.

The Directors' Remuneration Policy remains unchanged since it was approved by shareholders at the 2023 Annual General Meeting. Under the Companies Act 2006, the remuneration policy is required to be put to a binding shareholder vote every three years

(or sooner if changes are proposed) and it is not being presented for shareholder approval at this meeting.

Shareholders should note that this vote is advisory only and the directors' entitlement to remuneration is not conditional on it.

Resolution 3 - final dividend

A final dividend for the year ended 31 December 2023 of 46.67 euro cents per ordinary share is recommended by the directors. Shareholder approval for the declaration of this final dividend is required. If approved, the dividend will be paid on 14 May 2024 to shareholders on the share register on 5 April 2024.

Resolutions 4 to 13 - re-election of directors

In accordance with governance best practice, all directors will stand for re-election in 2024. The Nominations Committee reviewed and recommended to the Board the re-election of each of the directors. The committee has considered the collective skills, experience and independence of the non-executive directors. The committee and Board confirm that there continues to be an appropriate balance of skills and knowledge and that all non-executive directors are independent in character and judgement. As a result of the 2023 Board evaluation process, the Board concluded that each of the directors continues to make an effective and valuable contribution to the Board and demonstrates commitment to their role, and are therefore recommended for re-election.

Full biographical details of each director and their contribution to the long-term sustainable success of the Company are set out

in the Mondi Group Integrated report and financial statements 2023 on pages 85 to 87. These details can also be found in appendix 1 to this Notice.

Resolutions 14 and 15 - appointment and remuneration of auditors

The Companies Act 2006 requires that, at each general meeting at which accounts are laid, the Company appoints auditors for the ensuing financial year. The Board, having accepted the recommendation of the Audit Committee, proposes that PricewaterhouseCoopers LLP be appointed as the Company's auditor. Resolution 14 relates to the appointment and resolution 15 authorises the Audit Committee to agree the auditor's remuneration.

Resolution 16 - directors' authority to allot Mondi plc's shares

The purpose of resolution 16 is to renew the directors' power to allot shares. The authority will allow the directors to allot new shares and grant rights to subscribe for, or convert other securities into, shares up to a maximum nominal amount of €4,855,537.83, exclusive of treasury shares, which is equivalent to approximately 5% of the issued capital.

At 11 March 2024 (being the latest practicable date prior to the publication of this Notice), the Company did not hold any shares in treasury.

There are no present plans to undertake a Rights Issue or to allot new shares. In particular, the directors do not intend to use this authority for the issue and allotment of shares in connection with the possible all share offer by the Company for DS Smith plc which was announced on 7 March 2024, pursuant to which the Company would acquire the entire issued and to be issued share capital of DS Smith plc (the "Combination"), should any firm offer in connection with such Combination by made and should any such Combination proceed. The directors otherwise consider it desirable to have the flexibility permitted by corporate governance guidelines to respond to market developments and to enable allotments to take place to finance business opportunities as they arise.

Although UK companies would generally seek an authority over 33.3% of issued capital, the Company is aware that a large proportion of the investment community in South Africa prefers to see this authority restricted to no more than 5% of issued capital. In view of the Company's South African shareholder base, it has decided to limit the authority to 5%.

If the resolution is passed, the authority will expire at the end of the Annual General Meeting to be held in 2025 or, if earlier, 30 June 2025.

Mondi plc Notice of Annual General Meeting 2024

Explanation of resolutions continued

6

Resolution 17 - Special resolution - disapplication of Mondi plc's pre-emption rights

If the directors wish to allot new shares and other equity securities, or sell treasury shares, for cash (other than in connection with an employee share scheme), UK company law requires that these shares are offered first to shareholders in proportion to their existing holdings.

The purpose of resolution 17 is to authorise the directors to allot new shares pursuant to the authority given by resolution 16, or to sell treasury shares, for cash (i) in connection with a Rights Issue (as defined in the Articles of Association) or (ii) otherwise up to a maximum aggregate nominal value of €4,855,537.83, which is equivalent to 5% of the issued ordinary share capital of the Company as at 11 March 2024 (being the latest practicable date prior to publication of this Notice), in each case without the shares first being offered to existing shareholders in proportion to their existing holdings. The authority will expire at the end of the next Annual General Meeting to be held in 2025 or, if earlier, 30 June 2025.

The directors confirm that, as and when they exercise such authorities, they intend to follow emerging best practice in regards to its use as recommended in the Investment Association guidelines.

The directors consider the authority in resolution 17 to be appropriate in order to allow the Company flexibility to finance business opportunities without the need to comply with the strict requirements of the statutory pre-emption provisions.

Although UK companies are permitted to seek an authority over 20% of issued capital, subject to certain conditions, the Company is aware that a large proportion of the investment community in South Africa prefers to see this authority restricted to no more than 5% of issued capital. In view of the Company's South African shareholder base, it has decided to limit the authority to 5%.

Resolution 18 - Special resolution - Mondi plc's purchase of own shares

The directors consider it may, in certain circumstances, be in the best interests of shareholders generally for the Company to purchase its own ordinary shares. Accordingly, the effect of this resolution is to renew the general authority, subject to specified limits, granted to the Company to purchase its own ordinary shares, until the Annual General Meeting in 2025 or, if earlier, 30 June 2025. Shareholders are asked to consent to the purchase by the Company of up to a maximum of 22,070,626 ordinary shares of €0.22 each. This represents 5% of the ordinary shares in issue as at 11 March 2024 (the latest practicable date prior to publication of this Notice) and the Company's exercise of this authority is subject to the stated upper and lower limits on the price payable. If this authority is exercised by the Company, ordinary shares may be purchased by brokers on the Company's behalf on the London Stock Exchange, Johannesburg Stock Exchange or other trading venues.

As of 11 March 2024 (the latest practicable date prior to publication of this Notice), there were options outstanding over 2,392,065 ordinary shares, representing 0.54% of the Company's issued ordinary share capital at that date. If the authority to buy back shares was exercised in full, the total number of options to subscribe for ordinary shares would represent 0.57% of the Company's reduced issued ordinary share capital.

The directors have no present intention of making any purchases of its own ordinary shares, but believe that the Company should retain the flexibility to take further action if future purchases were considered desirable and in the best interests of shareholders. Pursuant to the Companies Act 2006, the Company can hold the shares which have been repurchased itself as treasury shares and either resell them for cash, cancel them, either immediately or at a point in the future, or use them for the purposes of its employee share schemes.

The directors presently intend to cancel any shares purchased under this authority.

Resolution 19 - Special resolution - notice of general meetings

Under the Companies Act 2006, the notice period required for all general meetings of the Company is 21 days. Annual General Meetings will always be held on at least 21 clear days' notice but shareholders can approve a shorter notice period for other general meetings,

as long as this is not less than 14 days.

In order to maintain flexibility for the Company, resolution 19 seeks such approval. The shorter notice period would not be used as

a matter of routine for such meetings, but only where the flexibility is merited by the business of the meeting and is thought to be to the advantage of shareholders as a whole. The approval will be effective until the next Annual General Meeting, when it is intended that a similar resolution will be proposed.

Mondi plc Notice of Annual General Meeting 2024

Appendix 1

Biographies of directors standing for re-election pursuant to resolutions 4 to 13.

Svein Richard Brandtzaeg

Non-executive director

Appointed to the Board April 2021

Independent: Yes

Committee memberships: Audit, Nominations, Sustainable Development

Qualifications: PhD in Chemical Engineering from the Norwegian University of Science and Technology.

Skills and experience: Svein Richard has a strong commercial and strategic background as a former chief executive of Norsk Hydro ASA and more recently as a non-executive director on a number of boards. His experience of leading a global industrial group brings valuable insight to the Board's strategic planning and driving growth in key geographies. His leadership experience in developing business synergies and harnessing sustainable opportunities is a valuable addition to Board discussions.

He started his career at Ardal og Sunndal Verk AS, the Norwegian state-owned aluminium business, before it merged with Norsk Hydro ASA. Svein Richard went on to hold a variety of management roles at Norsk Hydro, leading a number of its businesses, before being appointed chief executive in 2009, a position he held until retiring in 2019. Svein Richard was also Chair of Veidekke ASA from 2019 until May 2022, Vice Chair of Den Norske Bank ASA until April 2023 and Vice Chair of Swiss Steel Holding AG until October 2023.

Current external appointments: Chair of dormakaba Holding AG and non-executivedirector of Eramet Norway.

Sue Clark

Non-executive director

Appointed to the Board: April 2021

Independent: Yes

Committee memberships: Audit, Nominations, Remuneration

Qualifications: BSc in Biological Sciences from the University of Manchester and an MBA from Heriot Watt University.

Skills and experience: Sue brings to the Board significant commercial and strategic experience gained across a range of industries, with exposure to a broad range of stakeholders in both an executive and non-executive capacity. Sue has significant experience in the consumer goods sector and understands the challenges of changing customer and consumer preferences and the need to build and protect the company's reputation with all its stakeholders.

Sue started her career with the Central Electricity Generating Board before holding a variety of communication roles at National Power plc. She went on to join Scottish Power plc, where she became Director of Corporate Affairs. In 2000, Sue joined Railtrack Group plc, before moving to SABMiller plc in 2003, where she was a member of the executive management team, and Director of Corporate Affairs until 2012 and then Managing Director, Europe, until the business was acquired in 2016.

Sue was a non-executive director of Bakkavor Group plc until 2020 and Tulchan Communications LLP until 2023, and a member of the Supervisory Board of AkzoNobel NV until April 2021.

Sue is the non-executive director responsible for understanding the views of employees.

Current external appointments: Senior Independent Director at Imperial Brands plc and easyJet plc, and a non-executive director of Britvic plc.

7

Anke Groth

Non-executive director

Appointed to the Board April 2023

Independent: Yes

Committee memberships: Audit, Nominations

Qualifications: Degree in Business Economics from the University of Dortmund.

Skills and experience: Anke has a strong financial and commercial background and extensive leadership experience. Her experience operating in large international listed companies covering energy and industrial sectors, and her strategic and operationally focused knowledge bring valuable insight and perspective to the Board.

Anke began her career in the energy industry, initially in business development and mergers and acquisitions in two regional energy companies, before working for E.ON SE from 2001 to 2018. Her roles at E.ON SE included Vice President of Mergers & Acquisitions; Chief Financial Officer, Spain; Senior Vice President Investor Relations; and, from 2016 to 2018, Chief Financial Officer of E.ON UK plc. In 2018 Anke decided to join KION Group AG, active in the capital goods sector and publicly listed on the German stock exchange, as Group Chief Financial Officer & HR Director, a role she held until stepping down in 2022.

Current external appointments: Member of the Supervisory Board at E.ON SE and the Administrative Board at DKV Mobility Group SE.

Andrew King

Group CEO

Appointed to the Board: October 2008 and as Group CEO in April 2020

Independent: No

Committee memberships: Executive (Chair), Sustainable Development

Qualifications: Graduated in Commerce from the University of Cape Town, Chartered Accountant (South Africa).

Skills and experience: Andrew has more than 20 years' experience with Mondi in various strategy, business development and leadership roles, giving him a detailed understanding of Mondi's strategy, capital allocation priorities, financial structure and the environment in which the Group operates. He has played a key role in defining the Group's strategic direction and re-shaping the capital structure since listing. Andrew's long and varied experience with Mondi brings extensive knowledge of the markets and conditions in which the Group operates, providing a key contribution in developing and executing Mondi's strategy to enhance competitiveness and deliver sustainably into the future.

Andrew completed articles with Deloitte & Touche in Johannesburg in 1994. In 1995 he joined Minorco, part of Anglo American, as a financial analyst, before assuming responsibility for the group's investment management activities, and transferring to its corporate finance department in 1998. He worked on a number of group M&A activities before being appointed a vice president of Anglo American Corporate Finance in 1999.

He was appointed Mondi's Vice President of Business Development in 2002 and Corporate Development Director in 2004. He served as CFO of Mondi from June 2005 to May 2006. He was then appointed as Group Strategy and Business Development Director before becoming the CFO of the Mondi Group in 2008.

Andrew was appointed CEO of the Mondi Group on 1 April 2020.

Current external appointments: None.

Mondi plc Notice of Annual General Meeting 2024

Appendix 1 continued

Saki Macozoma

Non-executive director

Appointed to the Board: May 2022

Independent: Yes

Committee memberships: Audit, Nominations

Qualifications: BA in Economics and Politics from the University of South Africa.

Skills and experience: Saki has a strong track record as a chair and non-executive director across a number of listed and private entities and brings to the Board significant experience from a range of industries. He also brings extensive insight into the South African business environment, including into key regulatory and sustainability considerations for Mondi's operations in South Africa.

From 1993 to 1994, Saki worked for South African Breweries as Business Development Manager, before being elected a member of South African Parliament in 1994, a position he held until 1996. Saki went on to be appointed a managing director at Transnet Limited, the company responsible at that time for South Africa's rail network and harbours and South African Airways. In 2001, he joined New African Investments Limited, a publicly listed investment company, as Chief Executive Officer, a role he held until 2004. He was also previously chair of MTN Group Limited and a non-executive director of Standard Bank Group Limited, Liberty Holdings and Murray and Roberts Holdings Limited.

Current external appointments: Chair of Vodacom Group Limited, Safika Holdings (Pty) Ltd, Tshipi é Ntle Manganese Mining (Pty) Ltd and Ntsimbintle Mining (Pty) Ltd.

Mike Powell

Group CFO

Appointed to the Board: November 2020

Independent: No

Committee membership: Executive

Qualifications: Graduated in Computer Science & Accounting from the University of Manchester, member of the Chartered Institute of Management Accountants (UK).

Skills and experience: Mike has significant financial and strategic experience and extensive experience leading finance teams, having been chief financial officer and an executive director of a number of large international listed companies.

He brings a clear operational focus, strong leadership experience and knowledge of operating in large industrial groups across a variety of geographies. The strategic financial insight Mike brings drives Mondi's strong financial performance and culture of continuous improvement.

Mike started his career at Pilkington plc, spending 15 years in a variety of finance and operational roles. He went on to become Chief Financial Officer at Nippon Sheet Glass and then AZ Electronic Materials plc.

He was subsequently appointed Group Finance Director at BBA Aviation plc, before being appointed Group Chief Financial Officer at Ferguson plc, a multinational distributor of plumbing and heating products. Mike also served as a non-executive director of Low & Bonar from December 2016 to May 2020.

Mike joined Mondi as Group CFO in November 2020.

Current external appointments: None.

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Dominique Reiniche

Senior Independent Director

Appointed to the Board: October 2015

Independent: Yes

Committee memberships: Nominations, Remuneration, Sustainable Development (Chair)

Qualifications: MBA from ESSEC Business School in Paris.

Skills and experience: Dominique's extensive experience in senior business leadership positions in Europe, as well as in international strategic consumer marketing and innovation, provides valuable insight to the Board. Her global leadership exposure brings rounded insight to Mondi's sustainability goals and drives progress to meet the Group's ambitious targets.

Her career began with Procter & Gamble before moving to Kraft Jacobs Suchard as Director of Marketing and Strategy and a member of its executive committee. After helping Jacobs Suchard through its acquisition by Kraft-Mondelez, Dominique joined The Coca-Cola System in 1992

as Marketing and Sales Director and then held various roles of increasing responsibility up to General Manager France. From 2002 to early 2005, she was CEO Europe for Coca-Cola Enterprises and subsequently CEO Europe for the Coca-Cola Company, then Chair from 2013 until stepping down in 2014.

Dominique was a non-executive director of Peugeot-Citroen SA between 2012 and 2015, AXA SA between 2005 and 2017 and Severn Trent Plc between 2016 and 2021. She was also Chair of Eurostar International Limited from July 2019 until April 2022, and a non-executive director of Chr. Hansen Holding A/S from November 2013 to January 2024, the last five years of which she was Chair.

Current external appointments: Non-executivedirector of Deliveroo plc and Paypal (Europe).

Dame Angela Strank

Non-executive director

Appointed to the Board: April 2021

Independent: Yes

Committee memberships: Nominations, Remuneration (Chair), Sustainable Development

Qualifications: BSc and PhD in Geology from the University of Manchester and a Chartered Engineer.

Skills and experience: Angela has extensive experience of operating in large, international companies in both executive and non-executive roles, with expertise including operations, technology and sustainability. Her valuable knowledge of combining technology, sustainability and low carbon energy brings key insight into innovation for circular driven solutions and business growth, and her experience of international executive leadership in the UK listed environment enables her to bring guidance and challenge to her role as Remuneration Committee Chair.

Angela started her career with the Institute of Geological Sciences before joining BP plc in 1982, where she held various international senior leadership and strategic technology/engineering-focused roles. She was appointed BP Chief Scientist and Head of Downstream Technology in 2014 and was appointed to the group executive committee in 2018, a position she held until her retirement in 2020. Angela was honoured with a Damehood (DBE) in 2017, and is a Fellow of the Royal Society, the Royal Academy of Engineers and the Institute of Chemical Engineers, as well as an honorary Fellow of the UK Energy Institute.

Angela holds honorary DSc degrees from Royal Holloway University and the University of Bradford, and is an honorary professor of the University of Manchester.

Angela was also a non-executive director of Severn Trent plc until March 2022.

Current external appointments: Non-executivedirector of SSE plc and Rolls-RoyceHoldings plc.

Mondi plc Notice of Annual General Meeting 2024