Slide 1: Fiscal 2026 Third Quarter Results
1 Fiscal 2026 Third Quarter Results Peter Konieczny Chief Executive Officer Steve Scherger Chief Financial Officer 6 May 2026 8:00am US EDT 6 May 2026 10.00pm Australian EST
Slide 2: Disclaimers and Notes
2 Disclaimers and Notes Cautionary Statement Regarding Forward-Looking Statements Unless otherwise indicated, references to "Amcor," the "Company," "we," "our," and "us" in this document refer to Amcor plc and its consolidated subsidiaries. This document contains certain statements that are "forward
Slide 3: Upholding Safety as a Core Value
3 Upholding Safety as a Core Value Guided by Our Values Industry Leading Safety Performance with Opportunities to Improve Annual Total Recordable Incident Rate (per 200k hours worked) SAFETY North America packaging materials industry average TRIR (2.9) CUSTOMERS Includes impact of WINNING acquired b
Slide 4: Key Messages
4 Key Messages 1. Uniquely Positioned Global Packaging Leader; Mitigating Impact of Middle East Conflict • First anniversary of combination; Integration successful; One Amcor • Well positioned to ensure reliable customer supply and service • Proven ability to mitigate inflation with responsible cost
Slide 5: Financial Performance In Line With Expectations
5 Financial Performance In Line With Expectations Third Quarter and Year To Date Financial Highlights Adjusted Adjusted Adjusted Free Cash Net Sales EBITDA EBIT EPS Flow Q3 $5,914m $892m $687m $0.96 $(39)m FY2026 15.1% margin 11.6% margin +6% YTD $17,108m $2,628m $1,977m $2.79 $(93)m FY2026 15.4% ma
Slide 6: Four Additional Portfolio Divestitures Announced
6 Four Additional Portfolio Divestitures Announced Portfolio Optimization Progress to Date • Portfolio optimization to sharpen focus on growing $20 billion core portfolio • Total of six businesses divested or agreed in FY2026 YTD • Combined annual Revenue of ~$500 million ~$23B • Average transaction
Slide 7: Synergy Delivery to Exceed Year One Expectations
7 Synergy Delivery to Exceed Year One Expectations Updated Synergy Delivery Expectations Over Three Years Year 1 ~$120 million ~$650 million Q3 FY2026: ~$77 million $270 million Year 3 Total • At upper end of $70-$80 million range ~$260 million ~18% of total synergies • Financial ~$20 million Year 2
Slide 8: Solid Performance in Core Portfolio; Non-Core on Track
8 Solid Performance in Core Portfolio; Non-Core on Track Estimated Core Portfolio Performance vs Total Company Global Leader In Consumer Packaging and Dispensing Solutions For Nutrition and Health Core Total Company 3Q26 Portfolio (incl non-core) Net sales ~$5.2bn $5.9bn Volume Growth1 ~(1.5%) ~(1.5
Slide 9: Global Flexible Packaging Solutions
9 Global Flexible Packaging Solutions Synergies Drive Adjusted EBIT Up ~3%, Cost Management Offsets Modest Volume Declines Q3 FY2026 Reported Results vs Prior Year Net sales up 35% or $844 million Reported Reported Result $m 3Q25 3Q26 CC ∆ • Acquisitions 29% of total growth or $695 million ∆ Adjuste
Slide 10: Global Rigid Packaging Solutions
10 Global Rigid Packaging Solutions Adjusted EBIT In Line With Prior Year, Synergy Benefits Offset By $25M Storm Impact Q3 FY2026 Reported Results vs Prior Year Net sales up 187% or $1.7 billion • Acquisitions 182% of total growth or $1.7 billion Reported Reported Result $m 3Q25 3Q26 CC ∆ ∆ Adjusted
Slide 11: YTD Free Cash Flow and Leverage In Line with Expectations
11 YTD Free Cash Flow and Leverage In Line with Expectations YTD Free Cash Flow and Leverage Cash flow ($ million) YTD25 YTD26 YTD FY2026: Adjusted EBITDA 1,397 2,628 • Free Cash Flow use of $93 million Interest and tax payments, net (315) (787) • Prior to funding Berry transaction, restructuring an
Slide 12: Uniquely Positioned; Mitigating Impact of Middle East Conflict
12 Uniquely Positioned; Mitigating Impact of Middle East Conflict Ensuring Reliable Customer Supply Proactively Mitigating Inflation What we have: What we have: • No operations in the Middle East • Inflation pass through mechanisms • Minimal direct polymer sourcing from the Middle East • Input cost
Slide 13: Fiscal 2026 Guidance
13 Fiscal 2026 Guidance FY26 12 months ending June 30, 2026 Comments Adjusted EPS $3.98 to $4.03 • Original guidance of $4.00 to $4.15 • New guidance represents growth of ~12% at the midpoint • Mitigating Adjusted EPS impact of Middle East conflict • Includes pre-tax synergy benefits related to the
Slide 14: Key Messages
14 Key Messages 1. Uniquely Positioned Global Packaging Leader; Mitigating Impact of Middle East Conflict • First anniversary of combination; Integration successful; One Amcor • Well positioned to ensure reliable customer supply and service • Proven ability to mitigate inflation with responsible cos
Slide 15: Appendix
15 Appendix Supplementary schedules and reconciliations
Slide 16: Supplemental Guidance
16 Supplemental Guidance 12 months ending June 30, 2026 Comments Adjusted Depreciation & Amortization ~$865-$875 million Previously $875-$925 million Adjusted net interest expense ~$570-$590 million Previously $570-$600 million Effective tax rate ~16-17% Previously 17%-20% Capital expenditures ~$850
Slide 17: Total $650M in Synergies Expected Through Year 3; $270 Million in FY26
17 Total $650M in Synergies Expected Through Year 3; $270 Million in FY26 Synergies Expectations By Category Synergies Expectations By Year ~$120 million ~$650 million Year 3 Total ~$260 million ~18% of total synergies Year 2 ~40% of total $280 million in one-time cash benefits $270 million from wor
Slide 18: Portfolio Optimization, Growth Synergies, Focus Categories Drive Growth
18 Portfolio Optimization, Growth Synergies, Focus Categories Drive Growth Critical Drivers of Growth Portfolio Optimization Growth Synergies Focus Categories Sharpen focus on integrating $280m revenue; $60m (pre-tax) ~50% of core portfolio in six high and growing core businesses earnings by year th
Slide 19: Amcor and Berry Shareholder Value Creation Model
Amcor and Berry 19 combination will deliver significant uplift in long-term Amcor New Model Shareholder Value Creation Model Annual Re-invest in the business EPS cash flow1 growth Amcor Legacy Current Model $3+ bn $1+ bn ~10-15% Accelerated Growth Annual Re-invest in the EPS cash flow growth platfor
Slide 20: Reconciliations Measures
20 Reconciliations of Non-GAAP Financial Measures
Slide 21: Reconciliations Measures
21 Reconciliations of Non-GAAP Financial Measures
Slide 22: Reconciliations Measures
22 Reconciliations of Non-GAAP Financial Measures
Slide 23: Reconciliations Measures
23 Reconciliations of Non-GAAP Financial Measures
Slide 24: Reconciliations Measures
24 Reconciliations of Non-GAAP Financial Measures Supplemental Unaudited Historical Segment Financial Reconciliation of Adjusted EBIT against combined prior year excluding non- Information on a Combined Basis core businesses The financial information presented below represents estimated, unaudited a