Orora : Investor Day Presentation 28 April 2022

For personal use only

28 April 2022

ASX Market Announcements Office

Australian Securities Exchange

20 Bridge Street

Sydney NSW 2000

Orora Limited (ORA) - Investor Day

The following document is attached:

• • Orora Investor Day Presentation 28 April 2022

Yours faithfully

Ann Stubbings Company Secretary

This announcement has been authorised for release by the Board of Directors of Orora Limited.

Orora Limited 109 Burwood Road, Hawthorn, 3122 Victoria, Australia • [phone]• |www.ororagroup.com ABN 55 004 275 165

Investor Day

28 - 29 April 2022

Important information

The information in this presentation is intended to be general background information on Orora Ltd (Orora) and its subsidiaries (Orora Group) and its activities.

The information is supplied in summary form and is therefore not necessarily complete, and to the extent permitted by law, no representation is made as to the accuracy, completeness or reliability of the information. Neither Orora nor any of its subsidiaries, directors, employees, shareholders nor any other person shall have liability whatsoever to any person for any loss (including, without limitation, arising from any fault or negligence) arising from this presentation or any information supplied in connection with it. Investors and prospective investors should read the information in this presentation in conjunction with Orora's other periodic and continuous disclosure announcements which are available atwww.ororagroup.comor www.asx.com.au.

All currency amounts are in Australian dollars unless otherwise stated.

Not financial product advice

Please note that Orora is not licensed to provide financial product advice in relation to securities in Orora. This presentation is for information purposes only and is not financial product or investment advice or a recommendation to acquire Orora securities and has been prepared without taking into account the objectives, financial situation or needs of individuals. Before making an investment decision, investors and prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs and seek professional advice if necessary.

Past performance

Past performance information should not be relied upon as (and is not) an indication of future performance.

Forward Looking Statements

This presentation may contain forward looking statements that involve subjective judgment and analysis and are subject to significant uncertainties, risks and contingencies, many of which are outside the control of, and are unknown to Orora. Forward looking statements can generally be identified by the use of forward looking words such as "may", "will", "expect", "intend", "forecast", "plan", "seeks", "estimate", "anticipate", "believe", "continue", or similar words. Indicators of and guidance on future earnings and financial position are also forward looking statements. No representation, warranty or assurance (express or implied) is given or made in relation to any forward looking statement by any person (including Orora). In addition, no representation, warranty or assurance (express or implied) is given in relation to any underlying assumption or that any forward looking statements will be achieved. Actual future events may vary materially from the forward looking statement and the assumptions on which the forward looking statements are based. Given these uncertainties, investors and prospective investors are cautioned not to place undue reliance on such forward looking statements. In particular, we caution you that these forward looking statements are based on management's current economic predictions and assumptions and business and financial projections. Orora's business is subject to uncertainties, risks and changes that may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward looking statements. There are a number of factors that may have an adverse effect on our results or operations, including those identified as principal risks in our most recent Annual Report filed with the Australian Securities Exchange atwww.asx.com.au. These forward looking statements speak only as of the date of this presentation. Except as required by law or any relevant stock exchange listing rule, Orora is not obliged to updated this presentation after its release, event if things change materially.

Investment risk

An investment in Orora securities is subject to investment and other known and unknown risks, some of which are beyond Orora's control. Orora does not guarantee any particular rate of return or the performance of the Orora Group.

No offer of securities

Nothing in this presentation should be construed as either an offer or a solicitation of an offer to buy or sell Orora securities or be treated or relied upon as a recommendation or advice by Orora.

Non-IFRS information

Orora Group results are reported under International Financial Reporting Standards (IFRS). However, investors should be aware that this presentation includes certain financial measures that are non-IFRS financial information for the purposes of providing a more comprehensive understanding of the performance of the Orora Group. These non-IFRS financial measures include EBIT, EBITDA and other "normalised" measures.

Welcome

Alister Crow

General Manager, Treasury & Investor Relations

Agenda

01Group overview and investment proposition

Brian Lowe

04Orora Beverage

Simon Bromell

02Shareholder value blueprint

Shaun Hughes

05Orora's approach to Sustainability

Ann Stubbings

03Orora Packaging Solutions and Orora Visual

Frank Pennisi and Brian Lowe

06Concluding remarks

Brian Lowe