MWV Overview [Company/Meeting] [Date]

1. MWV Overview [Company/Meeting][Date]

2. A global packaging leader $5.4 billion total revenue in 2013 100 nations where we market our products 30% revenue from emerging markets 16,000 employees in30 countries around the world since2004 Dow Jones Sustainability World Index Specialty Chemicals 18% Industrial Packaging 10% Food & Beverage Packaging 58% Packaging 82% Home, Health & Beauty Packaging 14%

3. We take brands farther A global reach creates global opportunities Europe 19% of revenue North America 53% of revenue Asia Pacific 15% of revenue Latin America 11% of revenue

4. We take brands farther U.S. and Canada Headquarters Sales & Marketing Manufacturing

5. We take brands farther Latin America Headquarters Sales & Marketing Manufacturing

6. We take brands farther Europe Headquarters Sales & Marketing Manufacturing

7. We take brands farther India / Asia-Pacific Headquarters Sales & Marketing Manufacturing

8. MWV’s Powerful Packaging Platform End Markets Customers Beauty & Personal Care Beverage Food Food Service Healthcare Home & Garden Industrial Tobacco • Focused end market participation • Deep customer partnerships • Best-in-class commercial capabilities • Insight-driven, technology-enabled innovation • Global manufacturing and execution

9. We believe packaging mattersfrom the manufacturing floor to the store shelf to the kitchen pantry

10. Packaging should be more than a product “container” 100% of shoppers interact with a brand’s packaging. So every touch is an opportunity for that brand to make a connection, build loyalty and drive sales.

11. Packaging innovation should be grounded in meaningful insights Insights come from many sources – consumers, customers, retailers and markets. We build on these insights to ensure we’re solving the right problems in the right way.

12. Packaging is a brand investment Packaging is the ultimate media platform for reach and frequency. A dynamic packaging brand strategy helps define and reinforce a brand’s essence and character.

13. MWV InnovationTurning knowledge into value

14. Insights-Centric InnovationDelivering performance-driven packaging for all stakeholders Brand Retailer Consumer

15. MWV Sustainability Sustainability influences every decision we make. Our dedication to making a better world goes beyond sustainability, too – because we encourage diversity within our workplaces and support the communities in which we operate.

16. We put sustainability into actionfrom source to solution Efficient and effective operations driven by innovation Certified responsible practices throughout the supply chain Sustainable products and solutions that improve our world • Green Globes certified HQ • 70% of power we produce from renewable sources (biomass) • 12% reduction in carbon emissions since 2000 • Principles of Conduct for Global Suppliers Compliance Process • PEFC Certification and Chain of Custody • 100% of fiber from responsible sources • Evotherm® warm-mix asphalt • Pearl™ lightweight airless pump • MWare® disposable food service produces

17. Our daily actions build toward long-term goals We have made an everyday commitment to … We are building together with customers by … • Reduce our use of fossil fuels by 25% by 2015 • Reduce our CO2 emissions by 25% by 2015 • Reduce our water use by 15% per net ton of paperboard by 2015 • Ship 90% of our U.S. freight with EPA SmartWay carriers by 2015 • Involve 100% of our suppliers in a Principles of Conduct program by 2015 • Reuse 70% of our solid waste for beneficial purposes by 2020 • Maintain our commitment to get 100% of our paperboard fiber from responsible sources, and get 50% from certified sources by 2020 • Becoming an industry-leading source of consumer insights about sustainable packaging • Playing a leading role in relevant advocacy organizations and associations • Developing renewable and recyclable materials, including our 100% renewable position for paperboard packaging and the exploration of biopolymers as a material for plastic packaging • Creating innovative packaging solutions that reduce waste through recycled raw materials, light-weighting, recyclability, composting, and other “end-of-life” alternatives • Designing packaging that engages consumers in sustainable practices, such as recycling

18. We shape the way consumers touch brands, and we take brands farther

19. MWV Overview • Appendix • [Pull in following slides as needed]

20. MWV Transformation 2005 – 2009 |Focus & Fit 2010 – 2014 |Invest & Profitably Grow Global Recession Started up new machine in India Sold U.S. forestlands and formed SC real estate development JV Started up Brazil expansionAcquired Ruby Macons (India) Spin-merge of Consumer & Office Products Acquired cap and closure capability (Polytop) Divested Envelope Products business Acquired new trigger spray capability (Spray Plast) Divested Media & Entertainment business Executed Strategic Cost Management initiatives Formed end market-focused Strategic Business Units Divested Kraft Paper mill and three Specialty Papers mills Acquired pump and dispensing technology (Calmar) Formed real estate company Divested Printing and Writing Papers Business

21. MWV InnovationTurning knowledge into value 4,300 patents granted and pending in 60 countries $45 million R&D spending $310 million sales of new product innovations 30,000 sq ft Center for Packaging Innovation in Richmond 2014 2nd annual Packaging Matters™ study released

22. MWV SustainabilitySustainability influences every decision we make * 2010 baseline

23. Our decision to making a better world goes beyond sustainability, too 46,000 volunteer hours worked $9 million + in charitable and community investments

24. Our foundation • drive the strategy • live the values • create the culture

25. Our Strategic Priorities Commercial Excellence Innovation Emerging Markets Expanded Participation

26. Our Vision and AmbitionTo be the leading provider of packaging solutions that enhance and protect the world’s most admired brands and make a difference in people’s lives. Leading partner to our customers Leading employer for top talent Leading investment for shareholders

27. Our Core Values Integrity Respect for the individual Commitment to excellence Teamwork

28. Our Everyday Commitments Quality Productivity Operational excellence World-class service Safety Sustainability

29. One MWV

30. Diversity & Inclusion at MWV Diversity reflects all the ways we are different. Inclusion is about embracing our differences and working together to be successful.

31. Our D&I Strategy Diversity & Inclusion touches three distinct areas The workforce Attracting, developing and retaining the best and brightest talent who mirror the diversity of the global marketplace The workplace Creating an engaging environment that fully engages all employees and encourages the free exchange of ideas and perspectives The marketplace Leveraging our diverse supplier base, community partners, knowledge and insight to create innovative solutions that drive our global marketplace success