Reno De Medici S p A : TP ICAP Midcap Conference

TP ICAP Midcap Conference

12 May 2021

AGENDA

1. Strengths
2. Proposed acquisition of Paprinsa
3. Environmental performance

1. Delivering on Strategy
2. RDM Shares

Michele Bianchi - CEO

Luca Rizzo - CFO

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PROXIMITY TO CUSTOMERS IS KING IN THESE DAYS

A MULTI-COUNTRY PLATFORM

Total production capacity 1.245 M tons/y

Four assets with capacity over 200 k tons/y

Santa Giustina plant

Paprinsa - WLC (GT/GD, Liner)

140k tons

Acquisition signed on September 30, 2020. Closing is expected not later than June 30, 2021.

BLE -WLC (GD/GT) 110k tons

ARN - WLC (Liner) 220k tons

OVA - WLC (Specialties)

95k tons

SGS - WLC (GD/GT/Liner) 260k tons

VSL - WLC (Liner) 220k tons

BCN - WLC & FBB (GT/GD, Liner; GC) 200k tons

WLC

White Lined Chipboard

Based on recycled fibers

No. of mills: 6

Production capacity: 1.1 mn tons/p.a. equal to 87%

Headquarters in Milan

Mill

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PORTFOLIO

RECYCLED FIBRES (WLC)

Price

Eco friendly image

RECYCLED BOARD (GD)	LINER	SPECIALTIES
Sport/toys	Hardware	Textile / shoes
Food	Software	Paper Goods
Detergents	Display
Beverage	Microflute laminate
	Overall economic trend along with specific drivers:
Brand recognition	Brand recognition	Luxury package
E-commerce	Microcorrugated
Plastic substitution	Growing market (+13% from
Care for planet	2016 to 2020)
Changes in lifestyles

4

Resilient end-use exposure proven

during Covid-19 outbreak, due to the essentiality features of both Food and Pharma (68% weight).

As counterevidence, weakening demand of specialties affected the production of Ovaro mill.

RDM END-USES

Source: RDM internal analysis on 2020 data.

Graphical

Applications

5%

Non Food

27%

Pharmaceuticals

& Cleanings

9%

Food

59%

Value of fiber-based packaging recognized by governments, retailers and consumers during Covid-19 emergency.

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