Company Announcements

Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI       ISIN: GB00B1CRLC47
JSE share code: MNP

11 January 2023

EMPLOYEE SHARE PLANS

TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH

We advise that on 9 January 2023, transactions took place in relation to the Mondi Share Incentive Plan (“SIP”) on behalf of directors of Mondi plc.

The SIP is an all-employee trust arrangement approved by UK HM Revenue and Customs under which UK employees are able to buy Ordinary shares in Mondi plc (“Mondi Shares”) using monthly deductions from salary and to receive allocations of free matching Mondi Shares (“Matching Shares”).

There follows notification forms for two directors of Mondi plc. The price given for the nil consideration Matching Shares reflects the market value on the day of purchase.

Sponsor in South Africa: Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities 

1  Details of the person discharging managerial responsibilities /
   person closely associated

a) NameAndrew King

2  Reason for the notification

a) Position/status                Group CEO

b) Initial notification/Amendment Initial notification

3  Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor

a) NameMondi plc

b) LEI                            213800LOZA69QFDC9N34

4  Details of the transaction(s): section to be repeated for (i) each
   type of instrument; (ii) each type of transaction; (iii) each date;
   and (iv) each place where transactions have been conducted

a) Description of the financial
   instrument, type of instrument Ordinary shares of €0.20 each

   Identification code            GB00B1CRLC47

b) Nature of the transaction      Acquisition of partnership and free
                                  matching shares via Share Incentive
                                  Plan. Half of the shares acquired were
                                  acquired for nil consideration.

c) Price(s) and volume(s)
                                  Price(s) Volume(s)

                                  £14.9241 20


d) Aggregated information

   - Aggregated volume            20

   - Price                        £14.9241

e) Date of transaction            2023-01-09

f) Place of the transaction       London Stock Exchange XLON

   

1  Details of the person discharging managerial responsibilities /
   person closely associated

a) NameMike Powell

2  Reason for the notification

a) Position/status                Group CFO

b) Initial notification/Amendment Initial notification

3  Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor

a) NameMondi plc

b) LEI                            213800LOZA69QFDC9N34

4  Details of the transaction(s): section to be repeated for (i) each
   type of instrument; (ii) each type of transaction; (iii) each date;
   and (iv) each place where transactions have been conducted

a) Description of the financial
   instrument, type of instrument Ordinary shares of €0.20 each

   Identification code            GB00B1CRLC47

b) Nature of the transaction      Acquisition of partnership and free
                                  matching shares via Share Incentive
                                  Plan. Half of the shares acquired were
                                  acquired for nil consideration.

c) Price(s) and volume(s)
                                  Price(s) Volume(s)

                                  £14.9241 20


d) Aggregated information

   - Aggregated volume            20

   - Price                        £14.9241

e) Date of transaction            2023-01-09

f) Place of the transaction       London Stock Exchange XLON