Winpak Ltd. · TSX:WPK
Winpak — Shareholder Meeting (April 2026)
26 slides from Winpak's shareholder meeting presentation, Apr 30, 2026
Slide 1: Annual Meeting of Shareholders
TM Annual Meeting of Shareholders April 30, 2026 Beginning at 3:00 pm CDT
Slide 2: Voting Polls Are Open
VOTING POLLS ARE OPEN Voting on all matters will be conducted by electronic ballot. Please register your votes by selecting the “For” or “Against” button next to the name of each proposed director. For the resolution with respect to the appointment of KPMG LLP as the Company’s Auditors, please selec
Slide 3: Annual Shareholders Meeting: VP & CFO Presentation
Annual Shareholders Meeting Vice President & CFO Presentation April 30, 2026 3
Slide 4: Disclaimer
Disclaimer Certain statements made in the following discussion contain forward-looking statements including, but not limited to, statements concerning possible or assumed future results of operations of the Company. Forward-looking statements represent the Company's intentions, plans, expectations a
Slide 5: To Our Valued Shareholders & Others
To Our Valued Shareholders & Others Winpak has established and published a Disclosure Policy. This Policy actively encourages meetings by investors, potential investors and others with Winpak's Spokespersons. When conducting such meetings, Spokespersons must not disclose material information that ha
Slide 6: 2025 Financial Highlights
Ww W | WINPAK IT‘°S OUR NATURE TO PROTECT™ 2025 Financial Highlights
Slide 7: Revenue
Revenue $US Millions Five-year compound annual growth rate (CAGR): 5.7% 1,200 2025 2024 Change 1,181.1 1,125.4 1,130.9 (0.5)% 1,150 1,141.4 1,130.9 1,125.4 Revenue in 2025 was $1,125.4 million, a drop of 1,100 $5.5 million or 0.5 percent from the prior year. For the third consecutive year, weak cons
Slide 8: EBITDA
EBITDA $US Millions Five-year CAGR: 3.9% 250 2025 2024 Change 240.8 228.5 231.6 231.6 240.8 (3.8)% 220.0 200 187.8 EBITDA declined by $9.2 million or 3.8 percent mainly due to the narrowing of gross profit 150 margins. The overall cost of production was negatively impacted by higher production waste
Slide 9: Earnings
Earnings $US Millions Five-year CAGR: 5.3% 160 2025 2024 Change 140 148.1 149.5 137.3 149.5 (8.1)% 137.3 120 128.3 Earnings contracted by 8.1 percent to $137.3 100 million from the comparable 2024 result of 103.8 $149.5 million. The reduction in EBITDA, in combination with much lower net finance 80
Slide 10: Q1 2026 Financial Highlights
Q1 2026 Financial Highlights 10
Slide 11: Q1 2026 Financial Highlights
Q1 2026 Financial Highlights $US Millions Q1 2026 Q1 2025 Change Revenue 280.0 284.8 (1.7)% EBITDA 53.8 58.1 (7.5)% Earnings 31.0 34.6 (10.4)% Revenue Revenue in the first quarter of 2026 was $280.0 million, $4.8 million or 1.7 percent less than the initial quarter of 2025. Volumes fell by 2.1 perce
Slide 12: Capital Projects
Ww W | WINPAK IT‘°S OUR NATURE TO PROTECT™ Capital Projects
Slide 13: Capital
Capital $US Millions Over the past five years, CAPEX of $374 million has averaged 6.7% of revenue. 140 120 123.3 Investments in property, plant and equipment 100 of $84.9 million, or 7.5 percent of revenue, was well above historical norms for the Company. 80 84.9 Sizeable expenditures were made in r
Slide 14: Modified Atmosphere Packaging – Building Expansion – Winnipeg, MB
Modified Atmosphere Packaging – Building Expansion – Winnipeg, MB 14
Slide 15: Modified Atmosphere Packaging – Cast Co-extrusion Line – Winnipeg, MB
Modified Atmosphere Packaging – Cast Co-extrusion Line – Winnipeg, MB 15
Slide 16: Modified Atmosphere Packaging – Cast Co-extrusion Line – Winnipeg, MB
Modified Atmosphere Packaging – Cast Co-extrusion Line – Winnipeg, MB 16
Slide 17: Flexible Lidding – Potential US Expansion – Pekin, IL
Flexible Lidding – Potential US Expansion – Pekin, IL 17
Slide 18: Specialized Printed Packaging – Building Acquisition & Upgrade – Northvale, NJ
Specialized Printed Packaging – Building Acquisition & Upgrade – Northvale, NJ 18
Slide 19: Rigid Containers – In-Mold-Label Injection Molding – Sauk Village, IL
Rigid Containers – In-Mold-Label Injection Molding – Sauk Village, IL 19
Slide 20: Our Sustainability Transformation
Our Sustainability Transformation Changing The Perspective Through Leadership And Partnerships CDP Leadership Status Verification & Science-Based Targets Customer & Retail Partners Winpak files its Scope 1, 2 and 3 disclosure for Next steps: Working with leading brands including Nestlé, "climate cha
Slide 21: Comprehensive Sustainable Solutions
Comprehensive Sustainable Solutions Addressing key sustainability challenges for modern supply chain Post Consumer Recycled Content PE/PP Trays & Cups, PET Laminates, PET Semi-rigid, PE Forming & N/F films Recyclable & Recycle Ready PE/PP Trays, FlexPod , SqueezePod , RePouch, ReForm/ReTop, ReFlow R
Slide 22: Overview and Forward-Looking Statements
Overview and Forward-Looking Statements 22
Slide 23: Company Overview: Strategic Objectives
Company Overview Strategic Objectives Sustainability Organic Growth Profitability Develop and commercialize products that Grow sales volumes by 5 to 7 percent per Grow EBITDA dollars by 1 to 2 percentage drive value through alignment with customer year. points in excess of sales volume growth. objec
Slide 24: Company Overview: Looking Forward
Company Overview Looking Forward The conflict in the Middle East and the trading relationship with the United States is creating significant uncertainty for Winpak. We are focusing on what we can control: Operating Cost Commercial Excellence Supply Chain Resilience Optimization 24
Slide 25: Question & Answers
QUESTION & ANSWERS Please submit questions using the instant messaging feature of the virtual interface and limit your questions to topics relating to today’s subject matters. When asking your question, please state your name; the entity you represent, if any, and confirm you are a registered shareh
Slide 26: Thank you for your participation.
Thank you for your participation. 26