Slide 1: Fourth Quarter and Full Year 2025 Earnings Presentation
Fourth Quarter and Full Year 2025 Earnings Presentation Curt Begle - Chief Executive Officer Jim Till- Chief Financial Officer Robert Weilminster – EVP Investor Relations 1
Slide 2: Safe Harbor Statements and Important Information
Safe Harbor Statements and Important Information Magnera Corporation (NYSE: MAGN) serves 1,000+ customers worldwide, offering a wide range of material solutions, including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction products, and products
Slide 3: Agenda
Agenda 1. Magnera Update 2. Quarter and Full Year Performance 3. Consolidated Performance 4. Region Performance 5. 2026 Guidance 6. Questions & Answers 3
Slide 4: Revenue by Category, Division, End Market and Geography
57% 53% Revenue by Revenue by 47% Category Division 43% Consumer Solutions Personal Care Americas Rest of World 13% 20% 20% 39% Revenue by Revenue by 17% End Market Geography 19% 44% 8% 4% 16% Wipes Baby North America Infrastructure Adult South America 4 Note: Revenue represents fiscal 2025 pro-form
Slide 5: Global Leadership Across Key Product Categories
Global Leadership Across Key Product Categories Mission Critical Products That Improve Everyday Lives Wipes Home, Food & Beverage Infrastructure Critical wipe solutions to keep Leading filtration and packaging Rugged, high-performance solutions for people healthy products to protect and store food b
Slide 6: Manufacturing Sites and Global Centers of Excellence
Manufacturing Sites and Global Centers of Excellence Broadest global plant network, well-positioned to serve global CPGs and regional customers NORTH AMERICA • Gatineau, Canada • North Bay, Canada • Asheville, NC USA • Augusta, KY USA • Benson, NC USA • Fort Smith, AR USA • Madison, TN USA • McAlest
Slide 7: Our Path to Success
Our Path to Success Building a specialty materials business leader positioned for growth Stabilize Optimize Grow • Successful integration • Strategic • Value creation and • Exceptional customer transformation growth service • Operational excellence • Innovation excellence • Brand launch • Organizati
Slide 8: Q4 2025 Highlights and 2026 Outlook
Q4 2025 Highlights and 2026 Outlook • Solid 4th quarter results, exceeding free cash flow target despite softer market backdrop • Optimization of the business via project CORE continues • Integration and synergy execution ramping as we enter year two • Targeting ~9% earnings improvement in FY’26 8 N
Slide 9: Fiscal 4th Quarter and YTD Financial Performance
Fiscal 4th Quarter and YTD Financial Performance Revenue Adjusted EBITDA -6% -1% $896 $839 $91 $90 Results 4Q • Strong organizational focus drove effective response to a weak consumer market Q4 24 Q4 25 • Decisive actions taken to manage -4% -4% costs and accelerate synergy capture $3,351 $3,204 $36
Slide 10: Rest of World Performance
Rest of World Performance Revenue Adjusted EBITDA +15% -3% $30 Revenue $384 $372 $26 4Q • Pass-through of lower raw material prices and general market softness Q4 24 Q4 25 Adjusted EBITDA -5% 0% • Favorable price/cost resulting from $1,438 $1,371 $113 $113 acceleration of transaction synergies and c
Slide 11: Americas Performance
Americas Performance Revenue Adjusted EBITDA -9% -8% $512 $467 $65 $60 Revenue 4Q • Pass-through of lower raw material prices and Personal Care volumes being impacted by softness in South Q4 24 Q4 25 America -4% -5% Adjusted EBITDA $1,914 $1,833 $254 $241 • Cost discipline offset with softer FY volu
Slide 12: 2026 Guidance and Capital Allocation
2026 Guidance and Capital Allocation Cash Flow • Adjusted EBITDA $380 - $410 From Operations • Free Cash Flow $90 - $110 Capex Portfolio Improvement 2-3% near term • Capital Expenditures $80 Leverage Additional modeling variables: Target • Interest Expense: $135 3X • Integration and Taxes: $80 12 No
Slide 13: Contact Us
Contact Us Investor Contact: Robert Weilminster ir@magnera.com 13
Slide 14: Appendix
MAGN S Magnera LISTED NYSE Appendix
Slide 15: Fiscal 4th Quarter: Net Sales and Adjusted EBITDA Bridges
Fiscal 4th Quarter: Net Sales and Adjusted EBITDA Bridges Consolidated Revenue Americas EBITDA $342 $896 $900 $80 -$4 $839 $850 -$18 $75 $800 -$35 $70 $3 $750 $11 $65 $700 $65 $650 -$2 $60 $60 $600 -$6 $554 $55 $54 $550 $500 $50 Q4 2024 Adjustments Q4 2024 M&A Volume Price Q4 2025 Q4 2024 Adjustment
Slide 16: Reconciliation of Non-GAAP Measures and Estimates
Reconciliation of Non-GAAP Measures and Estimates Net sales and Adjusted EBITDA on a supplemental comparable basis by segment 16 Note: $ in millions; adjustments include acquisition/merger and FX
Slide 17: Reconciliation Footnotes
Reconciliation Footnotes 17
Slide 18: <7 Magnera | wixcee3°
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