Graphic Packaging Issues Statement In Response To The Press Release Issued By Eminence Capital

We are committed to enhancing long-term value and appreciate the views of our shareholders. We are confident that our Vision 2030, along with our cost and optimization plan, is the right strategy for the Company, including our goals to improve free cash flow, optimize cost structure and enhance operational efficiency. The Company is well positioned to capitalize on growth opportunities ahead while advancing innovation and sustainability for the benefit of customers, shareholders and employees. We are confident in our ability to accelerate execution of our value creation initiatives under the leadership of Robbert Rietbroek, who will assume the role of Chief Executive Officer on January 1, 2026. We look forward to an ongoing dialogue with all our shareholders, including Eminence Capital.

BofA Securities is serving as Graphic Packaging's financial advisor and Jones Day and DLA Piper (U.S.) LLP are serving as legal counsel. Joele Frank, Wilkinson Brimmer Katcher is serving as strategic communications advisor.