Amcor Rigid Plastics June 2017 Agenda 02
1 Safety briefing
2 Amcor Rigid Plastics
a Key Messages
b Leadership Team
c Business Overview
d Latin America Update 3 Amcor Rigid Plastics North America
f Key Messages
g Business Overview
4 Summary Safety – Manchester Evacuation Route 03
Safe zone
Safety instructions for fire emergency: Exit through cafeteria Walk away from the building Turn left, proceed to safe zone
Lobby Area Staying safe Required safety behaviors for visitors 04
Listen to your guide and pay attention to signs. Obey all instructions (verbal or written) Take Action, Take Care! is Amcor’s safety philosophy and a cornerstone of staying safe in our site.
If you see something you think is No jewelry unsafe during your visit, Take Action Consult your guide in case No mobile phones by telling your guide. Take Care of of concern yourself and others by staying with your guide at all times, not touching anything, and following a few basic rules: Pay attention to vehicles and stay in No cameras allowed on site pedestrian walkways Except by special permission Make eye contact with drivers before crossing pathways
Don’t touch machinery Hold the handrails on stairs or equipment Agenda 05
1 Safety briefing
2 Amcor Rigid Plastics
a Key Messages
b Leadership Team
c Business Overview
d Latin America Update 3 Amcor Rigid Plastics North America
f Key Messages
g Business Overview
4 Summary Amcor Rigid Plastics Key Messages 06
Safety is always the top priority
Outstanding leaders committed to outperformance and delivering value to stakeholders
Strong position: footprint, markets, technology and customers
In attractive segments
With substantial growth potential Amcor Rigid Plastics Safety Highlights 07
Co-worker safety is always our top priority. Actioned hand safety as a major area for improvement. In FY16, 75% of all recordable cases were hand related. For FY17, 3.5 we have seen notable improvement. 3 Phase 1 – Hand Safety Campaign 2.5 Identified more than 8,000 potential 75% risks to hands. Corrected 100% of 2 guarding and maintenance issues.
1.5 44% 1 Frequency Rate Frequency 0.5 0 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY16 FY17 YTD RCFR LTIFR RC's Related Hand Injuries
LTIR – Lost Time Incident Rate RCFR – Recordable Case Frequency Rate RC – Recordable Cases Amcor Rigid Plastics Safety Highlights 08
Phase 2 of the hand safety campaign will focus on awareness, behaviors and communication. Experienced Americas leadership team 09
Mike Schmitt President Amcor Rigid Plastics
Mike Bieringer Robert Collins Garry Noonan Ann O’Hara Ashish Saxena David Andison Vice President Vice President Vice President Vice President and Vice President and Vice President and Human Resources Procurement and Chief General Manager, General Manager, General Manager, Financial Officer Specialty LiquiForm, LLC Bericap Containers North America
Jennifer Bourgoin Bastian Wonschik Brian Carvill Larry Weber Ricardo Vasi Vice President and Vice President Strategy and Vice President Vice President and Vice President and General Counsel Business Development Research, Development General Manager, General Manager, and Advanced Engineering Beverage Latin America Amcor Rigid Plastics Comprehensive and Strategic Locations A Strong Position 10
FY16 - Four Business Units
Beverage - $1.58B
5 Canada
Specialty Containers - $483M Post Sonoco Proforma $693M** 35 USA
Latin America - $539M* 3 Mexico 1 Dominican Republic EL Salvador 2 Colombia 4 6 Venezuela 1 Trinidad & Tobago Bericap North America - $158M Rigid Plastics Ecuador 2 Peru 1 6 Brazil 69 plants **Based on FY16 Actual of $483M and a full year 12 countries of Sonoco sales of $210M. US$2.8 billion* 3 Argentina 6,500 employees
*Excludes Venezuela
Amcor Rigid Plastics Business Breakdown A Strong Position 11
Markets Served Revenues by Business Unit FY16
Bericap
Beverage LATAM
Excludes Venezuela
Custom beverage Spirits Home and US$2.8 bn personal care
Specialty Prior to Sonoco Acquisition
Soft drinks and Food Pharmaceutical water Amcor Rigid Plastics Customers A Strong Position 12
Diversified portfolio of well-known blue chip, multi-national, consumer goods companies Evolution of Amcor Rigid Plastics A Strong Position 13
Strategic acquisitions have built a strong business in beverage and specialty segments. Amcor Rigid Plastics Technology Portfolio A Strong Position 14 Technologies gained through acquisitions diversify our capabilities and increase our offerings to customers. 2010 2016
Injection Stretch Large Injection Molding Blow Molding Injection Small Volume Footprint for 2 step Molding Injection Extrusion Molding
Injection Blow Injection Blow Injection Stretch Blow Decorating Molding Molding Modular Molds 1.5 step 1 step Molding Capabilities Extrusion 2 step Molding (Shuttles/ Injection Blow Precision Wheels) Compression Extrusion Molding (Shuttles/Wheels) Molding Injection Blow Form 1 step Molding
Injection Blow Thin wall In-Mold Molding injection Labelling 1.5 step Amcor Rigid Plastics Resin Processing A Strong Position 15 While PET accounts for the majority of resin processed, acquisitions have increased our material offerings to customers. % Increase in Materials by Type 2012 - 2017
90%
31% increase in total raw 80% materials converted 70% 60% 2012 2017 50% 40% 30% 20% 10% PET HDPE PP 0% PET HDPE PP Amcor Rigid Plastics – Latin America GDP Growth 16
Business conditions remain challenging in the region
Amcor continues to be bullish for the long-term as the region is expected to return to solid GDP growth We continue to invest and look for well-priced acquisitions
Source: Focus Economics 2017 Agenda 17
1 Safety briefing
2 Amcor Rigid Plastics
a Key Messages
b Leadership Team
c Business Overview
d Latin America Update 3 Amcor Rigid Plastics North America
f Key Messages
g Business Overview
4 Summary Amcor Rigid Plastics North America Key Messages 18
Strong Position In Attractive Segments With Substantial Growth Potential
Focused on achieving no injuries Businesses focused on segments and Focus segments Seasoned and disciplined management customers that will enable delivery of Specialty Products Amcor values and strategic objectives team Closures Liquid refreshment beverage market in Focused and well-developed key account Value adding service models strategies PET format continues growth Y-O-Y Sustainable product and material Ability to differentiate to service emerging Extensive footprint strategically located development, such as light-weighting and co-located with key customers consumer preferences Advance LiquiForm Extensive scale with beverage Value proposition underpinned by operations; strong customer partnerships proprietary technology, quality and service Superior R&D capabilities Highly engaged workforce / talent Amcor Rigid Plastics – North America Footprint 19
Moncton, NB Tumwater, WA Walla Walla, WA Queensway, ONT 40 North American Plants Brampton, ONT Dunkirk, NY Burlington, ONT 9 – Specialty Containers Mississauga, ONT Kenosha, WI Mountain Top, PA Ames, IA Itasca, IL Allentown, PA 15 – Beverage & Specialty Addison, IL Fairfield, CA Napoleon, OH Bellevue, OH Millville, NJ Jefferson City, MO Batavia, IL 10 – Beverage on or near-site Chicago, IL Columbus, OH Denver, CO Franklin, IN New Albany, OH Hazelwood, MO Nicholasville, KY Chatsworth, CA Wytheville, VA 3 – Specialty on-site Joplin, MO Ontario, CA Youngsville, NC Chino, CA 3 – Bericap NA Kona, HI Blythewood, SC Cowpens, SC Paris, TX
Dallas, TX Fort Worth, TX
Orlando, FL Amcor Rigid Plastics North America A Strong Position 20
Growth Drivers Revenue Business Breakdown FY16 Organic growth with key customers Beverage: focused on the right Bericap 2010-2016 CAGR segments, sharpest cost to produce +7.8% Beverage Specialty: focused on growing Specialty segments; extensive footprint Bericap: focused on technology and materials; US$2.2 bn building on Amcor relationships Strategic acquisitive growth
*Prior to Sonoco acquisition North America Packaging Trends Attractive Segments 21
Sustainable Packaging Collaborating with raw material supplier to provide customers with post consumer resin (PCR) solutions, including consistent supply and pricing Continuous improvement with light-weighting for all product segments Creating sustainability ambassadors for 7,000 co-workers throughout ARP ARP is well-positioned with innovative packaging Personalized Packaging solutions to capitalize on Convenience and “on-the-go options,” individual sizing, dispensing ease features emerging consumer needs. eCommerce driving toward lighter (e.g., glass to plastic), more efficient packaging options for streamline distribution
Enhanced Packaging Performance Interactive technology (e.g., Closures, RFD, traceability) Barrier technologies for products with sensitive ingredients Amcor Rigid Plastics Substantial Growth Potential - Strategy 22
Objectives Guiding Principles Outcome
Commercial excellence Strong partnerships with our key customers Be known for our industry leading innovation capabilities Organic Growth Profitable Growth Acquisitive Growth Portfolio expansion through acquisitions Customers, technologies and capabilities Best in Class Cost to Produce Procurement Excellence Operational Excellence Deliver value through ProcurePlus (CTP) Work with suppliers to bring innovation New processes and programs to streamline procurement activities
Operational leadership Achieve best in class CTP via manufacturing refresh, optimal footprint, capacity utilization and continuous improvements Customer-backed innovation - Sustainability example Substantial Growth Potential 23
Customer: Method Products
Customer need: 100% rPET container for laundry detergent. Due to concentration of cleaning ingredients, laundry detergent is not compatible with PET.
Amcor approach: Collaborate with Method to understand incompatibility issues. Offer product testing capabilities, design services and, validate rPET materials.
Outcome: First of it’s kind 100% rPET container for laundry detergent. This PET package meets high standards for sustainable packaging, including a 35% lower carbon footprint and 78% lower life cycle energy consumption than a virgin PET alternative.
Sustainability – A growing opportunity Substantial Growth Potential 24
Helping people flourish and the environment thrive
ARP teams focused on: 1) Strategies to increase PCR by 40% by 2020 2) Increase recovery rates of plastic materials 3) Minimize operational carbon footprint
Internal communications strategy to build awareness and create 7,000 ARP “ambassadors” for sustainable practices … at work, at home and in their communities LiquiForm Group Substantial Growth Potential 25
Current Licensees
The LiquiForm technology combines bottle forming and filling into one step. Thus, providing a more efficient manufacturing process. Amcor Rigid Plastics North America Key Messages 26
Strong Position In Attractive Segments With Substantial Growth Potential
Focused on achieving no injuries Businesses focused on segments and Focus segments Seasoned and disciplined management customers that will enable delivery of Specialty Products Amcor Values and strategic objectives team Closures Liquid refreshment beverage market in Focused and well-developed key account Value adding service models strategies PET format continues growth Y-O-Y Sustainable product and material Ability to differentiate to service emerging Extensive footprint strategically located development, such as light-weighting and co-located with key customers consumer preferences Advance LiquiForm Extensive scale with beverage Value proposition underpinned by operations; strong customer partnerships proprietary technology, quality and service Superior R&D capabilities Highly engaged workforce / talent Amcor Rigid Plastics Beverage (North America) June 2017 Agenda 02
1 Key messages
2 Safety performance
3 Strong position
4 Attractive segments
5 Substantial growth opportunities
6 Summary Amcor Rigid Plastics – Beverage (North America) Key messages 03
Strong position In attractive segments With substantial growth potential Operational excellence is a clear Favorable environment to support growth Leverage strong customer relationships differentiator Cold Fill and Hot Fill segments growth in Further growth potential through Regional Well-placed and large scale PET format Business Unit (RBU) manufacturing footprint Consumers continue to favor premium Leverage proprietary technology and lead Injection manufacturing leadership and variety, leading to an increase in the with first to market innovation Productive and high quality blow molding development of differentiated packaging Participation in adjacent markets for value-added products capabilities Evolving Value Added Services (VAS) Model Changing consumer lifestyles & Superior R&D: Design, Engineering, and Continued focus on cost leadership Innovation preferences are leading our customers to collaborate with us on innovation Highly engaged and performing co- worker base Dedicated Regional Business Unit (RBU) established to serve attractive and profitable segments; gaining traction Amcor Rigid Plastics – Beverage (North America) Safety highlights 04
Injury Rate Trend Years Working Safe
7 6.45 6.40 Wytheville 6 Walla Walla Tumwater Paris 5 5.17 Orlando Napoleon Mt. Top 4 Moncton 3.81 Kona 3.92 Kenosha 3 2.97 Joplin 2.63 2.77 Franklin 2.68 Fort Worth 2 1.93 Fairfield Dunkirk 1.07 1.12 1.18 Denver 1 Dayton 0.98 Dallas Chino 0.60 0.33 0.49 0.48 0.31 0 0.24 Blythewood FY 2008 (A) FY 2009 (A) FY 2010 (A) FY 2011 (A) FY 2012 (A) FY 2013 (A) FY 2014 (A) FY 2015 (A) FY 2016 (A) FY 2017 H1 Ames (A) Allentown RCFR LTFR 0 1 2 3 4 5 6 7 8
LTIR – Lost Time Incident Rate RCFR – Recordable Case Frequency Rate Amcor Rigid Plastics – Beverage footprint 05
Tumwater, WA Moncton, NB Walla Walla, WA North American Plants
Brampton, ONT 15 – Beverage & Specialty Dunkirk, NY Kenosha, WI Mountain Top, PA 10 – Beverage On or Near-sites Itasca, IL Napoleon, OH Ames, IA Allentown, PA Batavia, IL Fairfield, CA Bellevue, OH Franklin, IN Denver, CO
Wytheville, VA Joplin, MO
Chino, CA Kona, HI Blythewood, SC
Paris, TX Fort Worth, TX Dallas, TX
Orlando, FL Amcor Rigid Plastics Beverage – Operational excellence A strong position 06
KEY PILLARS STRENGTHS
Broad North American footprint 1 Manufacturing Network Plant locations in most key regional markets
Strong injection asset base 2 Asset Productivity Productive and high quality blow molding asset
Industry leading process control management 3 Process & Quality Management VOC feedback indicates quality leadership
Solid IT ERP platform Factory Systems Developing SCADA systems 4 Automation opportunities
Unique collaboration with machine manufacturers 5 Technology Differentiation Exclusive hot fill injection & blow molding technology Amcor Rigid Plastics – Beverage leadership A strong position 07
Larry Weber Gail Ray VP & GM Executive Assistant Beverage
Steve Sahl Tod Eberle Doug Wrathall Denise Hansen VP, Operations Engineering VP, Quality Systems and VP, Supply Chain VP, Human Resources Engineering Systems Operations
Dean Martin Patrick Dedoyard Steve Ellington Marcia Hickman Steve Butler VP, Strategy and Business VP, Sales & Marketing VP, Operations VP, Finance VP, Commercial Finance Development Amcor Rigid Plastics – Beverage growth A strong position 08
Revenue Growth ($M) Growth Drivers FY2016
Hot Fill Growth Cold Fill SS 47% Sport Drinks: strong organic Hot Fill MS 11% growth from leading brands / new 2010-2016 entrant in BodyArmor Hot Fill SS 26% CAGR 5.8% RTD Tea: category success from Lipton PureLeaf and Gold Peak Cold Fill Growth $1.58B Sparkling Water: category success from Talking Rain Refrigerated Juice: category Dairy 2% success from Bolthouse Farms / Cold Fill MS 14% Naked Juice Plain / Enhanced Water CSD Single Serve Regional Business Unit growth Cold Fill includes water (still & flavored, Acquisitions sparkling, enhanced), CSD, Juice, RTD Tea Encon October 2015 Ball June 2010 Amcor Rigid Plastics – Beverage categories served A strong position 09
Hot Fill Cold Fill
Amcor Rigid Plastics – Beverage trends Attractive segments 10
Beverage market trends Underlying customer needs Associated packaging trends
On the Go Single serve & dispensing features Changing Premium-ization Packaging needs to be right sized for lifestyles & Variety consumers, their families, and shifting use occasions preferences Increasing blurring categories Value added product development
Consumers are increasingly turning to eco and alternative Increasing usage of PCR attributes as deciding factor Light weight while maintaining & enhancing Sustainability Consumers expect transparency on all fronts – from structure production practices to ingredients
Today’s consumers want healthier refreshments and variety Consumers demand for clear and concise Health & labeling wellness / Assured freshness HPP / Aseptic process technology functional
E-commerce and online grocers are playing an increasingly eCommerce packaging requirements important role Connectivity Integrate different sensory elements Brands are communicating directly with consumers Packaging differentiation from mass market Personalization offerings Amcor Rigid Plastics – Beverage market landscape Attractive segments 11
Other HF Total US Market Size – PET (2016) HF Isotonics B units CAGR ‘10-’16 NA Beverage Market by Hot Fill (PET) 15B 2.3% Other CF Type Isotonics 9.4B 4.9% Plain Water Juice 3.3B -4.2% CSD RTD Tea 1.5B 23.0%
Enhanced Water 0.8B -7.3% Cold Fill (PET) 82B 5.2% Unit Growth by Plain Still Water 52B 6.8% Segment CF Refrigerated Juice CSD – Single Serve 16.9B 2.1% CF Sparkling Water
CSD – Multi-Serve 4.7B -4.2% CF Flavored Still Juice 3.1B 3.9% Water CF Tea Sparkling Water 1.8B 24.9%
Other Water 1.8B 5.9% CF Bottled Juice
RTD Tea 1.7B -3.7% CF Enhanced Water CY 2012 CY 2013 CY 2014 CY 2015 CY 2016 Total (PET) 97B 4.8% Note: excludes CSD / Plain Still Water
Source: Concept Catalyst, IRI Amcor Rigid Plastics – CSD landscape Attractive segments 12
Based on unit volume Based on fluid ounces By PET bottle type
Multi Serve PET (>24 oz) Bottles Aluminum PET Aluminum Cans Bottles Cans Single Serve (<24 oz)
65 billion CSD units were sold in PET has surpassed cans with more Convenience packaging (e.g., 2016. Cans continue to be the than 55% of all fluid ounces being single serve) has been growing at dominate package type. sold in PET. 2.1% CAGR from 2010 - 2016. Amcor Rigid Plastics – Beverage (North America) Substantial growth potential - Strategy 13
Objectives Guiding Principles Outcome Continued development of tailored account plans for Increase focus on customers: Pursue multiple growth key customers Continue to partner with our key customers paths by offering Continued focus on RBU and small volume competitive solutions production platform Be known for our creativity, flexibility, and Adjacent Segments – Dairy / Energy as viable speed-to-market so as to support our customers’ growth initiatives market segments Continuing to develop Value Added Services – competitive differentiator Offer innovative solutions: highly competitive and Capabilities: Strong commercial resources and programs Lightest weight container portfolio innovation platforms Superior design, R&D and Innovation Market a differentiated value proposition for HF Excellent Engineering, Manufacturing, and Engineering and technical resources to support Quality resources Manufacturing equipment and capacity Operational leadership: Maintain / expand best-in-class injection and blow productivity and quality in North America Amcor Rigid Plastics – Beverage segments and models Substantial growth potential 14
New segments Innovative business models
Premium fluid dairy Regional business unit Launching new stock portfolio / Aligning with Aseptic Focused approach to winning through capturing OEMs profitable segment Energy derivatives Value added services Diversify major Energy brands’ portfolio and provide Integral part of future value creation and build even access to new growth closer customer relationships Emerging segments Small volume production platform RTD Coffee and Coconut are fast growing categories Competitive manufacturing platform utilizing aseptic PET packaging
Amcor Rigid Plastics – Beverage increasingly focused on small brands Substantial Growth Potential 15
As non-alcoholic beverage landscape embraces the transition to “healthier and better for you products,” emerging brands have gained significant share
Source: First Beverage Corp, IRI Amcor Rigid Plastics – Beverage regional business unit Substantial growth potential 16
A growing regional market requires a focused approach
Winning through capturing profitable segment Dedicated cross-functional support Strong commercial resources and programs Unique points of differentiation with innovation, speed-to-market, responsiveness Leveraging small volume production platform Build strategic segments: Sports & Energy Drinks, Juice, and Dairy Amcor Rigid Plastics – Beverage innovative business models Substantial growth potential 17
Value Added Services (VAS) Model
Integral part of future value creation and will result in building even closer customer relationships Leverage customer projects and results to get in front of senior customer executives Demonstrate tangible results (benefits > program costs) System-wide applicability Phased approach Select projects which allow for value creation – ex. systematic deficiencies, service for “fee”, volume-drive opportunities
Optimization On-site Improvment Maintenance Training Innovation Collaboration Operations Streamlining Predictive Managment Development New Methods Consulting Best in Class Preventative Teams Partnerships Amcor Rigid Plastics – Beverage manufacturing platforms Substantial growth potential 18
Small Volume Production Platform (SVPP)
Scalable solutions Unique platform that enables customers access to Amcor’s suite of capabilities as well as our manufacturing network Offers a cost effective way to launch new products Enables “right size” investment to specific growth opportunities, stagger investments over time, and be responsive Offers savings in capital investments versus the standard ‘high volume’ production scenarios Amcor Rigid Plastics – Beverage innovations Substantial growth potential 19
Hot Fill Cold Fill Amcor Rigid Plastics – Beverage (North America) Key messages 20
Strong position In attractive segments With substantial growth potential Operational excellence is a clear Favorable environment to support growth Leverage strong customer relationships differentiator Cold Fill and Hot Fill segments growth in Further growth potential through Regional Well-placed and large scale PET format Business Unit (RBU) manufacturing footprint Consumers continue to favor premium Leverage proprietary technology and lead Injection manufacturing leadership and variety, leading to an increase in the with first to market innovation Productive and high quality blow molding development of differentiated packaging Participation in adjacent markets for value-added products capabilities Evolving Value Added Services (VAS) Model Changing consumer lifestyles & Superior R&D: Design, Engineering, and Continued focus on cost leadership Innovation preferences are leading our customers to collaborate with us on innovation Highly engaged and performing co- worker base Dedicated Regional Business Unit (RBU) established to serve attractive and profitable segments; gaining traction Glossary 21
Non-Alcoholic Post Consumer Single Serve Beverage Recycled
Amcor Rigid Value Added Multi-Serve Plastics Services
Carbonated Soft Supervisory Drinks & Water / Control and Data Ready-to-drink Cold Fill Acquisition
Voice of the Regional Hot Fill Customer Business Unit Amcor Rigid Plastics Research, Development and Advanced Engineering June 2017 Agenda 02
1 Leadership team
2 Key Messages
a Strong track record supporting substantial growth potential
b Creative AND aligned with customer needs
c Agile with strong capabilities
3 Summary Research, development and advanced engineering Leadership team 03
Brian Carvill Marie Letson VP, Research, Development Executive Assistance and Advanced Engineering
Mike Enayah Open Laurie Goetz Nilton Mattos Director, Director, Product Director, Technical Director, Product Industrial Design Development Services Development, LATAM Beverage Fred Beuerle John Friedrichsen Charlie Schwarze Sr. Director, Strategic Sr. Manager, ADP/ALS Manager, Global Innovation and IP Terry Patcheak Sustainability Sr. Director, Product Development Specialty Containers
Cheryl Smith Hansong Huang Sr Group Leader, Technical Manager Planning and Finance
3 Amcor Rigid Plastics Research, development and advanced engineering Key messages 04
Strong track record supporting Creative AND aligned with Agile with strong capabilities substantial growth potential customer needs Utilizing technology roadmaps to focus 23% of revenue from products launched 120 customer visits to R&D Center in innovation within the last 3 years FY16 Driving sustainability via lightweighting, 737 total patents and applications in 36 300 FEA case studies evaluating material conversions and recycle / reuse countries container performance virtually Advancing growth through key Created 35 “Surprise and Delight” More than 5 million units produced in partnerships (proactive design) portfolios in FY16 pilot plant to validate new customer Investing in new manufacturing capabilities designs 205 new and improved products launched in FY16 Customers served 05 Proactive design – “Surprise and Delight” Strong track record supporting substantial growth potential 06 Premiumization through Closures Strong track record supporting substantial growth potential 07
ROPP Quantum For Spirits and Wine Customer Product Development Creative AND aligned with customer needs 08 Customer Product Development Creative AND aligned with customer needs 09
Body Armor Blue Waters Tylenol Club Barefoot Wine Pack Lightweighting Roadmap Agile with strong capabilities 10 Sustainable packaging - Lightweighting Agile with strong capabilities 11
PowerStrapTM Oliva New HF base tech Creative design for ergo grip Designed for robust LW finish / base filling performance Lightest HF bottle in the a Americas
Sustainable packaging - Lightweighting Agile with strong capabilities 12
GOJO Pandora 2Ltr LW Collapses for easy dispensing Unique design to reinforce body New base/PF for ultra Lightweight panels supported by and enable light weighting lightweight columns Anti-creasing feet R&D roadmap example – Performance wide mouth Agile with strong capabilities 13
2bn ARP has commercialized Apex63 and is finalizing development of the 82mm size. Continued focus Alternative Materials on light-weighting & higher temperature capability. Retort We are here 1.5bn Higher Temp PET
Pasteurization High Temp Closure System Upright Sterilization Enhanced Process
1bn Light-weighting Easy Button Closure
Shapes Sizes Container Design
0.5bn Preform Design Addressable Addressable Market (units)
FY16 FY17 FY18+ Enabling Technologies Sustainable packaging - material conversions Agile with strong capabilities 14
Alternate to cans Conversion from HPDE Conversion from Tetra PET bottle for new Monster segment New LATAM platform investment Premiumization through PET
Dairy portfolio
Stock offering of PET designs Conversion from glass for iconic spirits brand Expand into Tetra / HPDE segment(s) Replicated look and feel in PET Sustainable packaging – Recycle, reuse, bio-resins Agile with strong capabilities 15
Recycle Reuse Bio-resins
100% PCR Refillable PET Renewable Polymers Innovation through partnerships Agile with strong capabilities 16
Injection Machinery Resins and Barriers Research Institute
Enabling technology for Collaboration with supplier for barrier Collaboration with top-tier research advancement of next generation for the ketchup market institute for green chemistry materials/barriers PET compatible materials and barriers New process technologies Agile with strong capabilities 17
Compression Blow Forming Amcor Versatile Tooling LiquiForm / Form Fill Solutions
Lower cost to produce Flexible small-scale injection tooling Utilize product itself to form container Higher part consistency and quality allows for low cost custom injection Reduced cost and carbon footprint versus traditional IBM tooling improving speed to market Better design definition Amcor Rigid Plastics Research, development and advanced engineering Key messages 18
Strong track record supporting Creative AND aligned with Agile with strong capabilities substantial growth potential customer needs Utilizing technology roadmaps to focus 25% of revenue from products launched 120 customer visits to R&D Center in innovation within the last 3 years FY16 Driving sustainability via lightweighting, 737 total patents and applications in 36 300 FEA case studies evaluating material conversions and recycle / reuse countries container performance virtually Advancing growth through key Created 35 “Surprise and Delight” More than 5 million units produced in partnerships (proactive design) portfolios in FY16 pilot plant to validate new customer Investing in new manufacturing capabilities designs 205 new and improved products launched in FY16