Mondi plc
Incorporated in England and Wales
Registered number: 6209386
Tax registration number: 454 12394 14454
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDIISIN: GB00BMWC6P49
JSE share code: MNP
8 October 2026
2026 Annual General Meeting voting update statement
In accordance with Provision 4 of the UK Corporate Governance Code (the "Code"), Mondi plc ("Mondi" or the "Company"') provides this update on the announcement made on 24 April 2026 regarding Resolutions 18 (Authority to disapply pre-emption rights) and 20 (Authority to hold general meetings on 14 days' notice). While both resolutions received sufficient support to be passed, with respective votes in favour of 78.36% and 78.33% at the 2026 Annual General Meeting (the "AGM"), there were a number of votes (21.64% and 21.67% respectively) against these resolutions.
Resolution 18 - Authority to disapply pre-emption rights
Consistent with the approach taken in prior years, the authority requested, being up to 5% of issued capital, was below the maximum authority permitted by the Pre-Emption Group's Statement of Principles and reflected UK listed company market practice.
The Company is aware that certain of Mondi's shareholders on the South African register have historically voted against this resolution and this continued to be the case this year. The Company has engaged with a number of those shareholders that voted against the resolution and understands that these votes continued to reflect their voting policies in this area.
Mondi continues to believe that the resolution provides the directors with a degree of flexibility that is in the best interests of the Company and its shareholders. However, it is committed to maintaining an open and constructive dialogue with all of its shareholders and will continue to consider its approach on this matter.
Resolution 20 - Authority to hold general meetings on 14 days' notice
This resolution sought approval for the Company to call general meetings (other than an Annual General Meeting) on not less than 14 clear days' notice, in line with UK listed company market practice.
Subsequent to the AGM, the Company has engaged with a number of those shareholders that voted against this resolution. We understand that certain shareholders typically vote against such resolutions as a matter of established voting policy due to concerns around the limited time this reduced notice period would allow to consider proposals, brief underlying beneficial owners and obtain voting instructions.
The Company believes that having the flexibility to call general meetings on short notice is, in certain circumstances, in the best interests of the Company and its shareholders. However the Board understands the concerns raised by shareholders and will continue to consider the merits of proposing this type of resolution at future AGMs.
In accordance with the Code, a final update on the above matters will be included in Mondi's 2026 Integrated report and financial statements.
About Mondi
Mondi is a global leader in packaging and paper, contributing to a better world by producing products that are sustainable by design. We employ 24,000 people in more than 30 countries and operate an integrated business with expertise spanning the entire value chain, enabling us to offer our customers a broad range of innovative solutions for consumer and industrial end-use applications. Sustainability is at the centre of our strategy, with our ambitious commitments to 2030 focused on circular driven solutions, created by empowered people, taking action on climate.
In 2025, Mondi had revenues of €7.7 billion and underlying EBITDA of €1.0 billion. Mondi is listed on the London Stock Exchange in the ESCC category (MNDI). It also has a secondary listing on the JSE Limited (MNP).
Sponsor in South Africa: J.P. Morgan Equities South Africa (Pty) Ltd