Board Converting News, October 24, 2022

Greif Signs (CONT’D FROM PAGE 8)

Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month June 2022

example of 'The Greif Way' in action. It is Greif's commit- ment to sustainability values and standards directly con- nected to finance," said Ana Carolina Oliveira, ING Amer- ica's Head of Sustainable Finance. "What makes this SLL particularly special is the ability to switch the structure to customized sustainability targets later on. As Greif is con- tinually pushing for greater sustainability performance, the structure allows the loans to evolve and track with that am- bition." "We are pleased that ING supported us in securing this innovative finance agreement, demonstrating confidence in our continued commitment to reducing the environmen- tal impact of our products and operations, and contribut- ing towards a more circular economy," added Tony Kra- bill, Treasurer at Greif. "Earlier this year we published our 13th consecutive annual sustainability report and will be announcing our new sustainability targets for 2030 soon." The EcoVadis ESG score examines the performance of a company across four themes: Environment, Ethics, La- bor and Human Rights and Sustainable Procurement. Greif has been awarded Gold Rating by EcoVadis since 2018 and ranks in the top four percent of companies assessed worldwide. Greif has also recently received its new MSCI ESG rat- ing of AA, which is used to measure a company's manage- ment of financially relevant ESG risks and opportunities.

Year

Actual

Percent Change Avg Week Percent Change

2022 2021

34.771 35.948

-3.3

7.903 8.170

-3.3

Industry Total

Year-to Date

June 2022

Year

Actual

Percent Change Avg Week Percent Change

2022 2021

205.855 208.569

-1.3

8.019 8.170

-2.1

Industry Total

Containerboard Consumption (Thousands of Tons)

Year

Month

Percent Change Year-to-Date Percent Change

2022 2021

2.8451 2.9436

-3.0

16.8851 17.0466

-0.9

Container Board Inventory - Corrugator Plants (Thousands of Tons)

Corrugator Plants Only

Date

Percent Change Weeks of Supply

Percent Change

Jun. May

2.4415 2.3469

4.0

3.8 3.6

5.6

Shipping Days

Year

Month

Year-to-Date

2022 2021

22 22

127 126

SOURCE: Fibre Box Association

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October 24, 2022

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