Mondi : Notification of Major Interests in Shares

Mondi plc

(Incorporated in England and Wales) (Registered number: 6209386)

LEI: 213800LOZA69QFDC9N34

LSE share code: MNDI ISIN: GB00B1CRLC47 JSE share code: MNP

1 April 2022

Notification of Major Interests in Shares

• 1. Issuer Details:

  ISIN: GB00B1CRLC47

  Issuer Name: Mondi plc

  UK or Non-UK Issuer: UK

• 2. Reason for notification:

  An acquisition or disposal of voting rights

• 3. Details of person subject to the notification obligation:

  Name: Public Investment Corporation Soc Limited

  City of registered office: Pretoria

  Country of registered office: South Africa

• 4. Details of the shareholder:

  Full name of shareholder(s) if different from the persons(s) subject to the notification obligation, above: N/A

  City of registered office: N/A

  Country of registered office: N/A

• 5. Date on which the threshold was crossed or reached:

  29 March 2022

• 6. Date on which Issuer notified:

  31 March 2022

7. Total positions of person(s) subject to the notification obligation:

% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached	6.042	N/A	6.042	29,335,462
Position of previous notification (if applicable)	5.139	N/A	5.139	N/A

8. Notified details of the resulting situation on the date which the threshold was crossed or reached:

A: Voting rights attached to shares

Class/type of shares ISIN code (if possible)	No. of voting rights	% of voting rights
Direct (DTR5.1)	Indirect (DTR5.2.1)	Direct (DTR5.1)	Indirect (DTR5.2.1)
GB00B1CRLC47	29,335,462	N/A	6.042	N/A
Subtotal 8.A	29,335,462	6.042

B1: Financial Instruments according to (DTR5.3.1.1 (a))Number of voting rights that may be acquired if the instrument is exercised/ converted.

N/A

Subtotal 8.B 1

B2: Financial Instruments with similar economic effect according to (DTR5.3.1R.(1)

(b))

Type of	Expiration	Exercise/	Physical or	Number of	% of voting
financial	date	Conversion	cash	voting rights	rights
instrument	Period	settlement
N/A	N/A	N/A	N/A	N/A	N/A
Subtotal 8.B 2

9. Information in relation to the person subject to the notification obligation:

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Name	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Public Investment Corporation Soc Limited	6.042	6.042

• 10. In case of proxy voting:

  Name of the proxy holder: N/A

  The number and % of voting rights held: N/A

  The date until which the voting rights will be held: N/A

• 11. Additional information: N/A

• 12. Date of completion:

  31 March 2022

13. Place of completion:

Pretoria, South Africa

Sponsor in South Africa: Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities