Verallia : Présentation des résultats du premier semestre 2021

H1 2021 RESULTS

July 29, 2021

AGENDA

KEY INITIATIVES	FINANCIAL RESULTS	CONCLUSION AND
AND FINANCIAL HIGHLIGHTS		OUTLOOK

	Michel GIANNUZZI	Nathalie DELBREUVE	Michel GIANNUZZI
	CEO	CFO	CEO
Verallia's H1 2021 Presentation - July 29, 2021		2

AGENDA

KEY INITIATIVES

AND FINANCIAL HIGHLIGHTS

Michel GIANNUZZI

CEO

Verallia's H1 2021 Presentation - July 29, 2021	3

KEY INITIATIVES AND FINANCIAL HIGHLIGHTS

A GLOBAL LEADER IN GLASS PACKAGING

Diversified and balanced end-markets

2020 Glass packaging(*) sales split by end-market

Food

18%

11

countries

10,000

employees

16 bn

N°1

in Europe(**)

c. 90% of 2020 sales

2

Soft drinks 12%

35% Still wine

32

glass plants

bottles/jars p.a.

N°

in Latin America(***)

Beer 13%	11%	11%
	Sparkling wine
	Spirits

3

decoration plants

58

furnaces

9

cullet recycling

centers

c. 10% of 2020 sales

N°3

Globally

Sources: Companies public information, management estimates and Advancy (IPO related study)

Notes: (*) For bottles and jars only (98% of total Verallia sales)

1. Based on 2020 sales; "Europe" using each company's definition and management estimates (***) Based on 2020 volumes in Argentina, Brazil and Chile

Verallia's H1 2021 Presentation - July 29, 2021	4

KEY INITIATIVES AND FINANCIAL HIGHLIGHTS

CAPITAL STRUCTURE EVOLUTION

Shareholding Structure as of July 29th, 2021

Brasil Warrant	Treasury Shares	Horizon Investments
Administração de Bens
e Empresas S.A.		1.7%			Holdings(*)
(BWSA) (**)	16.3%

26.6%

Bpifrance 7.5%
Participations		44.3%
3.5%
Employees		Public
(Verallia FCPE
and direct
shareholders)

1. Company 100%-owned by Horizon Parent Holdings S.a.r.l,itself indirectly controlled by AIF VIII Euro Leverage, L.P.,an investment fund managed by an affiliate of Apollo Global Management, Inc.
   (**) Acting through a fund managed by BW Gestão de Investimentos Ltda., a wholly-owned subsidiary of BWSA.

Two Share Buybacks

• Verallia bought back its own shares for a total of €109m in March & June 2021
• On June 24th, Verallia cancelled 1.6 million treasury shares to, among other, neutralize the dilutive effect of the Employee Shareholding Offer
• Verallia's share capital now divided into 122,289,183 ordinary shares
• Following this operation, Verallia holds 1.7% of treasury shares

Verallia's H1 2021 Presentation - July 29, 2021	5