AUGUST 2022

SONOCO COMPANYUPDATE

FORWARD-LOOKINGSTATEMENTS/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, and Webcasts & Presentations, Non-GAAP Reconciliations in the Q2 22 earnings presentation.

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 IS A GLOBAL PACKAGING SOLUTIONS LEADER

COMMITTED TO IMPROVING THE LIVES OF OUR TEAMMATES, OUR CUSTOMERS AND OUR COMMUNITIES

2021:

SALES

BASE EBITDA

Employees

Manufacturing facilities

$5.59 billion

$757 million

20,500+

300+

2022:

SALES

BASE EBITDA

Employees

Integrated and

$1,125-$1,150 million

22,000

diversified businesses

PROJECTED $7.25-$7.5 billion

CONSUMER PACKAGING

INDUSTRIAL PAPER PACKAGING

ALL OTHER

51%

38%

11%

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*2022 Projected Revenue Mix

OUR STRATEGY

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SONOCO'S OPERATING STRATEGY AS A VALUE CREATION MODEL

VIRTUOUS CYCLE THAT CAN BE

LEVERAGED TO AN INCREASING

OPPORTUNITY SET

Targeting an incremental ~$180 million in annual EBITDA by implementing self-help actions through 2026.

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Sonoco Products Co. published this content on 10 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2022 12:50:10 UTC.