Sonoco Products Company · NYSE:SON
Sonoco Products — Shareholder Meeting (April 2026)
34 slides from Sonoco Products's shareholder meeting presentation, Apr 15, 2026
Slide 1: Our Future is in Focus: 2026 Annual General Meeting of Shareholders
® SONOCO Our Future is in FOCUS 2026 ANNUAL GENERAL MEETING OF SHAREHOLDERS
Slide 2: Board of Directors
BOAR D O F DI RECTO RS Steven L. Boyd Scott A. Clark R. Howard Coker Pamela L. Davies Theresa J. Drew Philippe Guillemont 2
Slide 3: Board of Directors
BOAR D O F DI RECTO RS John R. Haley Robert R. Hill, Jr. Eleni Istavridis Richard G. Kyle Craig L. Nix 3
Slide 4: Appreciation for Decades of Service
APP R EC IATI ON FO R DECADES O F SE RV I CE Blythe Tom McGarvie Whiddon 4
Slide 5: Items of Business
2026 Annual Meeting IT E M S OF B U S IN E SS Proposal 1 Election of Directors Proposal 2 Ratification of Independent Registered Public Accounting Firm Proposal 3 Advisory (Non-binding) Vote on Executive Compensation Proposal 4 Approval of Amendment No. 1 to 2024 Omnibus Incentive Plan Proposal 5 Ad
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Slide 7: State of Sonoco
STATE OF SONOCO R. Howard Coker President and Chief Executive Officer
Slide 8: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Non-GAAP Financial Measures Statements included herein that are not historical in nature, are intended to be, and are hereby identified as “forward-looking statements” for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amende
Slide 9: Sonoco Is the Investment of Choice in Packaging
SO N O CO IS THE IN V E STM EN T O F CHO I CE In Packaging Defensive Markets with Focused on Long-term Strength of Assets Growth Opportunities Value Creation • #1 Market Position Globally in • Packaging Stable, Affordable • Strong Cash Flow Paper & Steel Cans and URB* Food Products Generator • Simpl
Slide 10: Sonoco Today
SONOCO TODAY Revenue Adj. EBITDA Employees Plants Countries $7.8 B* *Includes discontinued operations $1.3 B 22,000 265 37 Consumer Industrial End Market Americas Europe Other Geography 10
Slide 11: Strategic Alignment
STRATEGIC ALIGNMENT In Technology, Innovation, Customers, Market Presence and Sustainability *Excludes 2025 Divestitures **Uncoated Recycled Board #1 URB** and 11 #1 Paper Cans #1 Steel Cans Converted Products
Slide 12: Why We Transformed Sonoco
WHY WE TRANSFORMED SONOCO Aligned and Scaled Our Portfolio with Our Competitive Strengths Invest in Ourselves Exit Non-Core Businesses Acquire and Create Scaled, Through Technology/Innovation and Recycle Capital Market Leading Businesses 2020 2020 2020 Display and Packaging Project Ball Horizon Bulk
Slide 13: Our Foundation Is Set
OUR FOUNDATION IS SET All Amounts Include Discontinued Operations Since 2020, Our Transformation Has … +50% +67% $8b $1.4b $7b $7.8b $1.2b • Added $2.6 Billion in Revenue $1,324m $6b $1.0b $5b $0.8b $4b $5.2b $0.6b $791m $3b $2b • Expanded Adj. EBITDA Margin by ~200 BPS $0.4b Adj. $1b Revenue $0.2b
Slide 14: The State of Sonoco Is Strong
THE STATE OF SONOCO IS STRONG 2025 Results (Compared to 2024) REVENUE From Continuing Operations ADJUSTED EBITDA $ 7.5B UP 42% $1,324M UP 28% Margin 16.9%, Up 120 bps ADJUSTED OPERATING PROFIT ADJUSTED EARNINGS UP 67% $ 955M Margin 12.8%, Up 150 bps 5.71 $ UP 17% 14 14
Slide 15: Our Mission and Strategic Priorities
OU R MI SSION Be the global leader in value-added, sustainable metal and fiber consumer and industrial packaging Our Strategic Priorities Sustainable Achieve Margin Efficient Capital Growth Expansion Allocation • Increase market share and • Drive commercial • Allocate capital towards enter new marke
Slide 16: Profitability Performance Plan
PROFITABILITY PERFORMANCE PL AN Margin Improvement Initiatives • Consumer Packaging Structural Synergies $20 - Transformation • Support Function Simplification $30M • New Product and Customer Growth Commercial • Share Gain Excellence • Value-based Pricing $130 - $170M • Supply Chain Improvement • Fo
Slide 17: Industrial Paper Packaging
INDUSTRIAL PAPER PACKAGING
Slide 18: Industrial Paper Packaging Business Overview
I ND UST RI A L PA PE R PAC KA GI NG Business Overview Revenue Customers Employees Plants Countries ~$2.4 B 7,400 9,000 158 25 North America EMEA APAC South America 4% 7% 2025 16% Revenue By Region 73% Consumer Consumer Staples Durable Industrial Other 15% 40% 2025 2025 Revenue Revenue By ByEnd End
Slide 19: Industrial Paper Packaging: Transforming Operations
I N D U S TR I A L P AP E R PAC K A GI N G Transforming Operations DR IV E S FO CU S, PRO F I TA BIL IT Y EBITDA % Adj. EBITDA +10% EBITDA CAGR 19.2% $450 18.2% 20% 16.1% 16.9% 400 13.8% 12.9% 15 350 $441 10 $434 $432 $397 300 5 $319 $275 250 0 2020 2021 2022 2023 2024 2025 Growth EBITDA and Margin
Slide 20: Vertically Integrated Value Chain
I N D U S TR I A L P AP E R PAC K A GI N G VERTICALLY INTEGRATED VALUE CHAIN Uncoated Recycled 52% 18 Recycling Plants Paperboard (URB) URB Paper Sales* to Sonoco Internal (Consumer & Industrial Products) 48% URB Paper Sales* to 1.7M 19 Paper Mills External Customers Tons of Fiber 26 Machines Recove
Slide 21: Innovative Solutions & Economic Growth
Customer Case Study High-pressure Laminates (HPL) Innovative Solutions & Economic Growth The Opportunity Use of Sonoco’s premium saturating URB could Background represent 30,000/tons per year and the total NA market demand represents a 225,000-plus ton A leader in HPL products challenged opportunity
Slide 22: North America Leader in Growing Wire and Cable Reels
I N D U S TR I A L P AP E R PAC K A GI N G NORTH AMERICA LEADER In Growing Wire and Cable Reels Key Points Leader in nailed wood, steel and polyfiber reels Revenues have doubled over last 5 years Projecting >5% CAGR growth through 2028 • Driven by Power Grid build out / data center needs • Low-cost
Slide 23: Consumer Packaging
CONSUMER PACKAGING i
Slide 24: What We Make
C O N S U M E R PA CK AG I N G , A M ER I CA S W HAT W E M AKE Metal Adhesives Steel and 2PC and 3PC and Sealants Aluminum Food and Rigid Caulk Tubes and Components Aerosol Cans Paper Cans Components and Closures Food, Household Food & Beverage, Household & Components and Cleaners, Paints, Household
Slide 25: Consumer Packaging Segment
CO N SUM E R PACK AG I N G SEGM E N T EBITDA % Adj. EBITDA +15% EBITDA CAGR $900 20.5% 22% 800 17.3% 17.2% 20 15.4% 16.0% 18 14.6% 16 700 14 600 12 500 $837 10 *% calculated 8 400 on Sales 6 $527 4 including 300 $412 $371 $382 $405 Discontinued 2 200 0 Operations 2020 2021 2022 2023 2024 2025 Growth
Slide 26: Shoppers Rebalancing Their Baskets: Outlook
C O N S U M E R PA CK AG I N G , A M ER I CA S OUTLOOK S H O P P E R S R E B A L A N C I N G T H EI R Canned Food and Aerosol B A S K ET S R AT H E R TH A N S I M P LY Demand to Stay Mostly Flat C U T T I N G BA C K Meeting Consumers Where They Are Canned Food & Aerosols Consumer Affordability Volum
Slide 27: Integrated Strength, On-Shelf Impact
Customer Case Study Integrated Strength, On-Shelf Impact Co-location enables Vertical cost control allows for strategic seamless marketing spend during tough economic collaboration, faster cycles—winning at the point of purchase decision-making, and joint strategy development Background Half a centu
Slide 28: Nong Yai, Thailand: New Paper Can Plant
N O N G YAI , THA IL AN D New Paper Can Plant 28
Slide 29: A Vision for Sustainability
Big Sampson output to help lower Scope 2 emissions Sustainability Excellence A VISION FOR SUSTAINABILITY ‘Big Sampson’ Wind Turbine in Texas 15-Year Virtual Power Purchase Agreement (VPPA) with ENGIE North America announced in 2023 for 270-megawatt (MW) wind energy project. Our first VPPA in Southwe
Slide 30: Investing in Our Community
Mentors meet I NVEST I NG I N OUR COMMUNI T Y regularly with students through the PAWS Programs. Sonoco In Action The Sonoco team was the top contributor for the 2025 Pee Dee Heart Walk. Sonoco teammates regularly serve at the Hartsville Soup Kitchen, which partners with the Harvest Hope Food Bank t
Slide 31: Our 2026-2028 KPI Targets
Our 2026-2028 KPI Targets Sustainable Achieve Margin Efficient Capital Growth Expansion Allocation GDP ~200 BPS Improvement Cumulative 3Yr. OCF ~$2.5B Industrial Paper LSD Operational $130 - CapEx ~4% Packaging Growth Improvement $170m of Sales Consumer Packaging LSD+ Structural $20 - Long-Term <2.5
Slide 32: Dividend Is Foundational
DIVIDEND IS FOUNDATIONAL Drives Discipline and Shareholder Value Dividend in $s 7% CAGR $2.16 $1.72 $1.37 $1.11 $0.91 $0.79 $0.52 $0.39 $0.12 $0.16 1983 1985 1990 1995 2000 2005 2010 2015 2020 2026 43 Years of Consecutive Annual Increases Annual dividends grew from $0.12 to $2.12 from 1983 to 2025 1
Slide 33: Annual General Meeting of Shareholders | April 15, 2026
Annual General Meeting of Shareholders | April 15, 2026
Slide 34: Sonoco
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Sonoco Products Company — Shareholder Meeting (April 2026) on 6ix