Slide 1: Fiscal 2026 – Q2 Earnings Presentation
Fiscal 2026 – Q2 Earnings Presentation May 7, 2026
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: Today’s Presenters
Today’s Presenters Curt Begle Jim Till Robert Weilminster Chief Executive Officer Chief Financial Officer EVP, Investor Relations 3
Slide 4: Q2 2026 Highlights
Q2 2026 Highlights Results – Stable Amid Uncertainty Weather Impacts and Response Conflict Update Focus and Outlook $796 M $90 M $73 M Net Sales Adjusted Free Cash EBITDA Flow 4
Slide 5: Magnera
Magnera | NYSE: MAGN Essential Products Magnera’s mission-critical products are deeply embedded in our day-to-day lives Magnera is a global leader in advanced specialty Global Capabilities materials, Well-positioned to serve global CPGs and providing essential regional customers with 45 locations pr
Slide 6: Global Capabilities Ensure We Are Where The Customer Is
Global Capabilities Ensure We Are Where The Customer Is Global plant network, well-positioned to serve global CPGs and regional customers 1,000+ 7 of 10 Customers Top Customers 20+ Year Relationship 45 Plants 1,000+ Active Patent 8,000+ Portfolio Employees Top Quartile 100+ Safety Performance (2025)
Slide 7: A new era, Magnera
A new era, Magnera OUR PURPOSE To better the world with new possibilities made real We have the enhanced ability to innovate, serve our customers and provide solutions to the significant challenges faced by consumers. OUR PROMISE We believe in empowering our teams through open Co-creation of innovat
Slide 8: Weather Impacts
Weather Impacts Maintaining stability and performance • Prioritized Safety • No plant damage • Customer & Supply Chain disruptions expected to improve Plants impacted by winter storms 8
Slide 9: Local by Design. Global in Impact.
Local by Design. Global in Impact. Reducing complexity, emissions, and lead times, while strengthening regional partners. 90%+ Procured & Sold in Region 90% Procured & 85%+ Sold in Region ↓ Transportation miles ↓ Lead times ↓ Carbon impact ↑ Supply Chain Resilience 9 Note: Procured in region include
Slide 10: Corporate Responsibility Commitments at Magnera
Corporate Responsibility Commitments at Magnera Three core pillars: Product, Production, and People 10 1. On an intensity basis against 2025 baseline. Baseline year and boundary definitions are provided in the Report’s accompanying disclosures.
Slide 11: Fiscal 2nd Quarter Financial Performance
Fiscal 2nd Quarter Financial Performance • Generated $73M of free cash flow, representing greater than 40% LTM yield as of quarter-end • Growth in Consumer Solutions and Personal Care offset by winter storm impacts in North America and a soft macroeconomic environment in Europe • Benefits from syner
Slide 12: Americas Financial Performance
Americas Financial Performance • Continued growth in Infrastructure and Adult Personal Care products, stabilization beginning in South America, lower revenue a reflection of contractual pass through • Winter storms unfavorably impacted volume and operating leverage Revenue Adjusted EBITDA -9% $484 $
Slide 13: Rest of World Financial Performance
Rest of World Financial Performance • Strength in Wipes offset with pass-through of lower raw material prices • Disciplined cost focus and synergy realization Revenue Adjusted EBITDA $388 +19% $359 $32 $27 Q2 25 Q2 26 13 Note: $ in millions; Adjusted EBITDA, Post Merger – Adjusted Free Cash Flow are
Slide 14: Capital Allocation Approach
Capital Allocation Approach Cash Flow From Operations • Focus on deleveraging to ~3.0x target Capex Portfolio Improvement 2-3% near term • Capex outlook 2-3% of sales Leverage • No near-term debt maturities Target 3X 14 Note: $ in millions; Adjusted EBITDA, Post Merger – Adjusted Free Cash Flow are
Slide 15: Efficient Raw Material Pass-throughs
Efficient Raw Material Pass-throughs Resilient to Cost Volatility in Raw Materials Overview Illustrative Raw Material Lag • Majority of revenue includes pass-through provisions Net Sales for primary raw material costs Net Sales Materials costs • Pass-throughs enable stable per-unit profitability; in
Slide 16: Contact Us
Contact Us Investor Contact: Robert Weilminster ir@magnera.com
Slide 17: Appendix
MAGN S Magnera LISTED NYSE Appendix
Slide 18: Safety – It’s Personal
Safety – It’s Personal 3 Industry Average • Better than industry recordable average 2.8 • Continue efforts towards zero workplace injuries 2 OHSA rate • 26 Sites Injury Free in 2026 1.0 1.0 • 7 years Aberdare, United Kingdom 1 0.9 0.8 0.8 0.7 0.7 • 6 years Cali, Colombia 0 • 4 years Terno, Italy 202
Slide 19: Fiscal 2nd Quarter: Net Sales and Adjusted EBITDA
Fiscal 2nd Quarter: Net Sales and Adjusted EBITDA Consolidated Revenue Americas EBITDA $900 $48 $872 $70 $850 $824 -$19 $796 $800 $65 $64 $750 -$57 -$1 $700 $60 $58 $650 -$5 $600 $55 $550 $500 Q2 2025 $50 FX Q2 2025 Volume Price Q2 2026 Q2 2025 Volume Q2 2026 Price/Cost Comparable Comparable $100 Co
Slide 20: 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 20
Slide 21: Reconciliation Footnotes
Reconciliation Footnotes 21
Slide 22: Magnera
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