Slide 1: Financial Results Year ended 30 June 2026
Financial Financial Results Results Year ended 30 June 2025 Year ended 30 June 2026 14 August 2025 13 August 2026
Slide 2: Important information
Important information Forward Looking Statements This presentation contains forward looking statements that involve subjective judgment and analysis and are subject to significant uncertainties, risks and contingencies, many of which are outside the control of, and are unknown to Orora. Forward look
Slide 3: FY26 highlights, operational progress, Saverglass priorities & Cans growth investments
FY26 highlights, operational progress, Saverglass priorities & Cans growth investments Brian Lowe Managing Director & Chief Executive Officer 3
Slide 4: Key FY26 results messages
Key FY26 results messages 1 Glass remains Strong Cans under pressure, Glass business €449.7m / performance impacted by priorities $742.8m non- supported by price, mix shift targeting >€30m cash impairment capacity towards lower net EBIT run-rate of Glass2 expansions ASP and margin uplift by FY30 pro
Slide 5: FY26 financial highlights
FY26 financial highlights 1, 2 Strong Cans performance offset by challenging market conditions for Glass Earnings Before Interest, Tax and Earnings Before Interest and Net Profit After Tax Depreciation and Amortisation Tax (EBIT) (NPAT) (EBITDA) $420.3m $248.2m D&A +$15.4m $142.2m +$1.5m or 0.3% -$1
Slide 6: FY26 operational progress
FY26 operational progress Divergent market dynamics persist, with strong Cans performance offsetting softer Glass markets Cans Saverglass Gawler Revenue EBITDA EBIT Revenue EBITDA EBIT Revenue EBITDA EBIT A$880.0m A$131.2m A$111.4m €617.2m €131.5m €62.8m A$284.5m A$62.3m A$28.1m up 13.3% reported up
Slide 7: Glass Priorities
Glass Priorities Executing Glass business priorities targeting >€30 million1 run-rate net EBIT improvement by FY30 Initiative Key Levers • Focus on key accounts and new products 1 Accelerate new business pipeline • Market share gains in priority categories and geographies • Mid-single-digit % revenu
Slide 8: Saverglass inventory
Saverglass inventory Customer destocking continues to unwind, supporting improved working capital and future demand visibility Customer owned inventory down 20% from FY25 Sales volume 5.9% higher in FY26 vs. Saverglass inventory down Customer owned inventory at June FY25, with total inventory down 1
Slide 9: Completion of Cans growth investments
Completion of Cans growth investments New 375ml Cans line within the existing Rocklea Cans site in Queensland to be commissioned by end of 1Q27 Rocklea commissioning expected by end of 1Q27, adding 13% network capacity over time (12+ months from commissioning) Total Rocklea spend to date ~$134m, wit
Slide 10: Safety and Sustainability Update
Safety and Sustainability Update Brian Lowe Managing Director & Chief Executive Officer 10
Slide 11: Safety Update
Safety Update Ongoing focus on safety culture, governance across FY26 Safety performance in FY26 Recordable case frequency rate (RCFR)^ • No serious injuries or fatalities recorded in FY26; vehicle-related incident resulting in the tragic fatality of a contractor at Mexico Glass site in July 12.2 20
Slide 12: Sustainability update
Sustainability update Continued progress toward sustainability goals, aligned to customer expectations Circular Economy Climate Change Community FY26 progress FY26 progress FY26 progress • We continue to make progress towards our • Continued focus on safety awareness and • Glass - we achieved 65% re
Slide 13: Financial Results
Financial Results Shaun Hughes Chief Financial Officer 13
Slide 14: FY26 Group financial performance
FY26 Group financial performance Underlying – continuing ($m) FY26 FY25 Var$ Var% CC% Underlying results (continuing operations excluding OPS & Closures) Revenue 2,225.9 2,090.2 135.7 6.5% 5.7% • Revenue growth of 6.5% primarily driven by strong growth in Cans • EBITDA growth of $1.5m to $420.3m ref
Slide 15: FY26 Glass CGU Significant items
FY26 Glass CGU3 Significant items FY26 significant items: $782.2m (post tax $758.8m) & significant items cash flow: $50.5m 1H26 Business Restructure & Glass CGU non-cash impairment Ras al Khaimah (RAK) Plant Le Havre F4 furnace closure Corporate restructure costs of $18.6m / €10.5m Post commencement
Slide 16: FY26 Cans financial highlights
FY26 Cans financial highlights Revenue EBITDA Business performance $880.0m $131.2m • Revenue up 13.3% to $880.0m, benefiting from volume growth of 6.3% (2H26: +1.7%), improved mix and higher aluminium prices $103.1m or 13.3% increase $12.5m or 10.5% increase • Revenue excluding pass-through aluminiu
Slide 17: FY26 Saverglass financial highlights
FY26 Saverglass financial highlights1 Business performance1 Revenue EBITDA • Volume up 5.9% (2H26: +9%), driving revenue and market share growth, largely €617.2m €131.5m driven by growth in volume of Tequila and Crémant premium sparkling • Revenue up €4.8m or +0.8% (2H26: +4.2%) to €617.2m, reflects
Slide 18: FY26 Gawler financial highlights
FY26 Gawler financial highlights Revenue EBITDA Business performance $284.5m $62.3m • Revenue of $284.5m, slightly down from FY25 (0.3%), reflects a continued decline in beer volumes, with contracted price increases $0.9m or 0.3% decrease $5.4m or 9.5% increase almost offsetting a 2.1% decline in vo
Slide 19: Operating cash flow
Operating cash flow $m FY26 FY25 Var% EBITDA 420.3 418.8 0.3% • Underlying operating cash flow remained strong at $290.7m, down ROU lease payments (29.7) (28.2) 12.8%, reflecting slightly lower cash EBITDA and a reduced one-off Other non-cash items (5.9) (0.4) working capital benefit relative to FY2
Slide 20: Group capex spend
Group capex spend ~10 Free cash flow available to shareholders to be higher in FY27 with lower total capex spend Growth capex forecast for Base capex including de-carbonisation capex ($m)1 Growth capex ($m)1 FY27 ~$50m, including Rocklea $6m, Cans various $9m, Glass related digital 118 factory $8m,
Slide 21: Substantial liquidity and extended debt maturity profile
Substantial liquidity and extended debt maturity profile No refinancing of core drawn debt1 until FY33 Drawn debt maturity profile • New 7-& 10-year USPP notes issuance totalling Pro forma 30 June 2026 1 €210m, and syndicated bank facility amendment and extension completed on 30 June 2026. 300 • USP
Slide 22: Balance sheet and net debt
Balance sheet and net debt Balance sheet provides operating and strategic flexibility to support Orora’s growth strategy and shareholder returns Balance sheet Net debt and leverage ratio $m June-26 June-25 Net debt (including finance leases)1 481.1 254.2 Net assets 1,933.3 2,896.6 Leverage2 1.2x 0.7
Slide 23: Shareholder returns
Shareholder returns Completion of Cans growth capex will create additional balance sheet capacity for ongoing capital management Final Dividend Total FY26 Dividend Final dividend of 4.0 cents per share (unfranked), represents a $49m gross cash dividend Cents per share 4.0 cps 9.0 cps Final dividend
Slide 24: FY27 Perspectives and Outlook
FY27 Perspectives and Outlook Brian Lowe Managing Director & Chief Executive Officer 24
Slide 25: Perspectives for FY27 and beyond
Perspectives for FY27 and beyond Completion of Cans growth capacity investments increases free cash flow available to shareholders in FY27 Cans Saverglass Gawler • Volume growth expected to be consistent • Spirits and wine industry volumes remain under • Continuing to manage the volume and with long
Slide 26: FY27 outlook
FY27 outlook Cans Saverglass Gawler EBIT expected to be higher For Saverglass, ongoing EBIT expected to be ~$30m than FY26, with: impacts from US tariffs, the FY26 FY27 accelerated effects of the • First full year of two- • Volume growth expected to furnace operation - Total capex $194.3m $140m-$145
Slide 27: Financial Results
Financial Results Year ended 30 June 2025 14 August 2025 27
Slide 28: Supporting Information
Supporting Information 28
Slide 29: Key financial priorities
CAPITAL ALLOCATION Key financial priorities Ongoing focus on capital allocation to deliver strong cash realisation, maintain investment grade credit metrics, and maximise shareholder returns Deliver strong operating cash Strict capital allocation / realisation with disciplined investment approach wo
Slide 30: Statutory to underlying reconciliations
Statutory to underlying reconciliations Statutory to underlying results FY26 FY25 ($m) EBIT PBT NPAT EBIT PBT NPAT Continuing Operations Statutory result (534.0) (590.6) (616.6) 144.2 76.9 66.2 Add significant items: - Gawler production capacity review - - - 83.7 83.7 58.6 - Le Havre F4 furnace clos
Slide 31: Peter Kopanidis
Peter Kopanidis General Manager Investor Relations +61 456 420 356 peter.kopanidis@ororagroup.com ASX: ORA 31