Slide 1: Greif Inc. Overview
2026 Investor Materials Greif Inc. Overview Investor Presentation 2026 1
Slide 2: Safe Harbor
Safe Harbor FORWARD-LOOKING STATEMENTS This presentation contains certain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. The words “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “aspiration,” “objective,” “project,” “believe,” “c
Slide 3: Greif at a Glance: Packaging Leader to Essential Industries
Greif at a Glance (NYSE: GEF) Packaging Leader to Essential Industries 149 220+ 35+ 73 20k+ 15% Years in Operation Facilities Countries Net Promoter Score Customers Top 20 Customer Sales FY26 FINANCIAL HIGLIGHTS END MARKETS SELECT KEY CUSTOMERS Adjusted 20% 20% EBITDA $615 – 635M Other Ag & Specialt
Slide 4: Proactively Shifting our Product Mix
Targeting High Growth End Markets Proactively Shifting our Product Mix Food & Beverage Pharma & Adjusted Medical EBITDA by: Material 2015 2024 2026+ Solution Flavors & Fragrances Agrochemicals ▪ Polymers ▪ Metals ▪ Fiber ▪ Closures ▪ Other Investing In Premium Solutions For Growth In Resilient High
Slide 5: Delivering Customer Value Across Four Solutions
Optimized Greif Portfolio Delivering Customer Value Across Four Solutions CUSTOMIZED POLYMER DURABLE METAL SUSTAINABLE FIBER INNOVATIVE CLOSURE SOLUTIONS SOLUTIONS SOLUTIONS SOLUTIONS Small Polymer Large Steel Fiber Drums Containers Closures Tube & Core Large & Medium & Metal Medium Small Steel Clos
Slide 6: Well-Positioned for Expansion Supported by Global Megatrends
Total Addressable Market (TAM) Well-Positioned for Expansion Supported by Global Megatrends Target End 5-Year Industry Markets CAGR Food & Capitalizing on Greif Specific ~3% Beverage Growth from Key Growth-Focused Products TAM1 Global Megatrends Small Plastic Containers 5B+ Pharma & ~7% Medical ▪ Po
Slide 7: Optimizing Shareholder Value
Capital Allocation Optimizing Shareholder Value Priorities for Disciplined Driving Returns & Capital Deployment Investing for Growth Maintain a Strong Foundation 10%+ Dividend ▪ Increased dividend in place as of ▪ Manage leverage and liquidity ▪ Fund safety and maintenance CapEx Increase most recent
Slide 8: Accelerating Our Cost Optimization Program
Building a Leaner More Agile Organization Accelerating Our Cost Optimization Program Run-Rate Network Cost Savings Optimization $120M SG&A $90M Rationalization Operating Efficiency Gains End of Q3'26 End of FY27 (Actual) (Commitment) Structural Savings Are Driving Sustainable Margin Expansion Invest
Slide 9: FY 2026 Guidance
FY 2026 Guidance Guidance Range Reflects Improved Q3 Demand and Continued Strong Execution ($ in Millions) Adjusted EBITDA Guidance Assumptions Volume Assumptions Prior Guidance Current Guidance $615 – $635M Customized Polymer Solutions Durable Metal Solutions Flat Down MSD Flat Down MSD +9.8 – 13.4
Slide 10: Delivering Strong and Durable Total Shareholder Return
Investment Thesis Delivering Strong and Durable Total Shareholder Return Packaging Leader to Durable Competitive Roadmap to Accelerate Driven by a Disciplined Essential Industries Advantages Profitable Growth Capital Allocation Strategy ▪ Polymers: High growth ▪ Robust scale of 220+ facilities ▪ Pri
Slide 11: Appendix
Appendix Investor Presentation 2026 11
Slide 12: Customized Polymer Solutions
Customized Polymer Solutions High Growth Segment with Premium Products & Technologies Financials FY25 End Markets Net Sales Gross Profit Pharma & Agrochemicals Medical Small $1.3B IBC Large $277M Food & Flavors & 30% of Greif 22% Margin Beverage Fragrances Products Customers Small Polymer Large Poly
Slide 13: Durable Metal Solutions
Durable Metal Solutions Global Leader Driving Consistent Cash Generation Financials FY25 End Markets Net Sales Gross Profit Bulk Chemicals Petrochemical EMEA $1.5B Americas APAC $325M Paints & Lubricants 35% of Greif 21% Margin Coatings Products Customers Large Steel Medium/Small Steel Specialty Dru
Slide 14: Sustainable Fiber Solutions
Sustainable Fiber Solutions Leading North America Position in a Consolidated Market Financials FY25 End Markets Net Sales Gross Profit NA Paper Films Industry Mills & $1.4B Converting Fiber Drum $313M Food & Construction 33% of Greif 22% Margin Beverage Products Customers Tube & Core Partitions Fibe
Slide 15: Innovative Closure Solutions
Innovative Closure Solutions Leader in Innovation with Outsized Growth Opportunity Financials FY25 End Markets Total Sales1 Gross Profit Agrochemicals Bulk Chemicals Metal $163M Polymer $40M Food & Paints & 2% of Greif 2 24% Margin Beverage Coatings Products Customers Polymer Closures Metal Closures
Slide 16: Leverage Ratio and Net Debt
GAAP to Non-GAAP Reconciliation Leverage Ratio and Net Debt Non-GAAP measures are intended to supplement and should be read together with our financial results. They should not be considered an alternative or substitute for, and should not be considered superior to, our reported financial results. A
Slide 17: Investor Presentation 2026
Investor Presentation 2026 17