On January 14, 2025, Jairo Lorenzatto, President and Chief Executive Officer, LATAM, of Smurfit Westrock plc notified the Company that he will be stepping down from his role on January 31, 2025 for personal reasons. He will be succeeded by Alvaro Henao, effective as of February 1, 2025. Mr. Lorenzatto will remain in a non-executive advisory role with the Company through March 1, 2025 to assist with the leadership transition.

Mr. Henao currently serves as the Company's Senior Vice President of Integration, the role he has held since 2024. Previously, over the course of 36 years, he held various positions of increased responsibility at Smurfit Kappa Group plc. Most recently, between 2013 and 2023, he served as Chief Executive Officer, Central Cluster, at Smurfit Kappa Group plc.