Baird 2021 Global Industrial Conference

November 11, 2021| Sonoco Investor Update

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Forward-Looking Statements /

Non-GAAP Financial Measures

Today's presentation contains a number of forward-looking statements based on current expectations, estimates and projections. These statements are not guarantees of future performance and are subject to certain risks and uncertainties. Therefore, actual results may differ materially.

Information about the Company's use of non-GAAP financial measures, why management believes presentation of non-GAAP financial measures provides useful information to investors about the Company's financial condition and results of operations, and the purposes for which management uses non-GAAP financial measures is included in the Company's Annual Report and on the Company's website at sonoco.com under Investor Relations, Webcasts & Presentations, Non-GAAP Reconciliations for Q2 2021 and Q3 and Full-Year 2021 Outlook.

Pursuant to the requirements of Regulation G, the Company has provided definitions of the non-GAAP measures discussed during this presentation as well as reconciliations of those measures to the most closely related GAAP measure on its website at sonoco.com.

This presentation does not constitute the solicitation of the purchase or sale of any securities.

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Sonoco by the Numbers

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Sonoco is a Global Essential Services Provider

  • We are the global leader in paper food cans and provide flexible and rigid plastic food packaging
    • 80% of Sonoco's Consumer Packaging products are for food
  • We are the global leader in the production of uncoated recycled paperboard, tubes, cores and cones
  • We are a provider of healthcare, protective and retail packaging

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Third Quarter 2021

Key Financial Results

In millions ($), except EPS

Q3 2021

Q3 2020

YTD 2021

YTD 2020

Net Sales

$1,415

$1,312

$4,151

$3,861

Gross Profit

$258

$257

$798

$772

18.2%

19.6%

19.2%

20.0%

SG&A Expense,

$(135)

$(126)

($408)

($371)

Net of Other Income

Operating Profit

$122

$131

$391

$401

8.6%

9.9%

9.4%

10.4%

EPS (Base)

$0.91

$0.86

$2.66

$2.59

Cash Flow from Ops (YTD)

$220*

$490

*Includes one-time pension settlement contribution of $133 million

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Sonoco Products Co. published this content on 11 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2021 14:26:05 UTC.