| Disclaimers
Important Information for Investors and Shareholders
This communication does not constitute an offer to sell or the solicitation of an offer to buy or exchange any securities or a
solicitation of any vote or approval in any jurisdiction. It does not constitute a prospectus or prospectus equivalent document. No
offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities
Act of 1933, as amended.
In connection with the proposed transaction between Amcor plc (“Amcor”) and Berry Global Group (“Berry”), on January 13, 2025,
Amcor filed with the Securities and Exchange Commission (the “SEC”) a registration statement on Form S-4, as amended on
January 21, 2025, containing a joint proxy statement of Amcor and Berry that also constitutes a prospectus of Amcor. The
registration statement was declared effective by the SEC on January 23, 2025 and Amcor and Berry commenced mailing the
definitive joint proxy statement/prospectus to their respective shareholders on or about January 23, 2025. INVESTORS AND
SECURITY HOLDERS OF AMCOR AND BERRY ARE URGED TO READ THE DEFINITIVE JOINT PROXY STATEMENT/
PROSPECTUS AND OTHER DOCUMENTS FILED OR THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR
ENTIRETY BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders may
obtain free copies of the registration statement and the definitive joint proxy statement/prospectus and other documents filed with
the SEC by Amcor or Berry through the website maintained by the SEC at http://www.sec.gov. Copies of the documents filed with
the SEC by Amcor are available free of charge on Amcor’s website at amcor.com under the tab “Investors” and under the heading
“Financial Information” and subheading “SEC Filings.” Copies of the documents filed with the SEC by Berry are available free of
charge on Berry’s website at berryglobal.com under the tab “Investors” and under the heading “Financials” and subheading “SEC
Filings.”
Certain Information Regarding Participants
Amcor, Berry, and their respective directors and executive officers may be considered participants in the solicitation of proxies from
the shareholders of Amcor and Berry in connection with the proposed transaction. Information about the directors and executive
officers of Amcor is set forth in its Annual Report on Form 10-K for the year ended June 30, 2024, which was filed with the SEC on
August 16, 2024, its proxy statement for its 2024 annual meeting, which was filed with the SEC on September 24, 2024, and its
Current Report on Form 8-K, which was filed with the SEC on January 6, 2025. Information about the directors and executive
officers of Berry is set forth in its Annual Report on Form 10-K for the year ended September 28, 2024, which was filed with the
SEC on November 26, 2024, and its proxy statement for its 2025 annual meeting, which was filed with the SEC on January 7, 2025.
Information about the directors and executive officers of Amcor and Berry and other information regarding the potential participants
in the proxy solicitations and a description of their direct and indirect interests, by security holdings or otherwise, are contained in
the definitive joint proxy statement/prospectus filed with the SEC and other relevant materials filed with or to be filed with the SEC
regarding the proposed transaction when they become available. To the extent holdings of Amcor’s or Berry’s securities by its
directors or executive officers have changed since the amounts set forth in the definitive joint proxy statement/prospectus, such
changes have been or will be reflected on Initial Statements of Beneficial Ownership on Form 3 or Statements of Beneficial
Ownership on Form 4 filed with the SEC. You may obtain these documents (when they become available) free of charge through
the website maintained by the SEC at http://www.sec.gov and from Amcor’s or Berry’s website as described above.
Cautionary Statement Regarding Forward-Looking Statements
This communication contains certain statements that are “forward-looking statements” within the meaning of Section 27A of the
Securities Act and Section 21E of the Exchange Act. Some of these forward-looking statements can be identified by words like
“anticipate,” “approximately,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “outlook,” “plan,”
“potential,” “possible,” “predict,” “project,” “target,” “seek,” “should,” “will,” or “would,” the negative of these words, other terms of
similar meaning or the use of future dates. Such statements, including projections as to the anticipated benefits of the proposed
transaction, the impact of the proposed transaction on Amcor’s and Berry’s business and future financial and operating results and
prospects, the amount and timing of synergies from the proposed transaction, the terms and scope of the expected financing in
connection with the proposed transaction, the aggregate amount of indebtedness of the combined company following the closing of
the proposed transaction and the closing date for the proposed transaction, are based on the current estimates, assumptions and
projections of the management of Amcor and Berry, and are qualified by the inherent risks and uncertainties surrounding future
expectations generally. Actual results could differ materially from those currently anticipated due to a number of risks and
uncertainties, many of which are beyond Amcor’s and Berry’s control. None of Amcor, Berry or any of their respective directors,
executive officers, or advisors, provide any representation, assurance or guarantee that the occurrence of the events expressed or
implied in any forward-looking statements will actually occur, or if any of them do occur, what impact they willhave on the business,
results of operations or financial condition of Amcor or Berry. Should any risks and uncertainties develop into actual events, these
developments could have a material adverse effect on Amcor’s and Berry’s businesses, the proposed transaction and the ability to
successfully complete the proposed transaction and realize its expected benefits. Risks and uncertainties that could cause results to
differ from expectations include, but are not limited to, the occurrence of any event, change or other circumstance that could give
rise to the termination of the merger agreement; the risk that the conditions to the completion of the proposed transaction (including
shareholder and regulatory approvals) are not satisfied in a timely manner or at all; the risks arising from the integration of the Amcor
and Berry businesses; the risk that the anticipated benefits of the proposed transaction may not be realized when expected or at all;
the risk of unexpected costs or expenses resulting from the proposed transaction; the risk of litigation related to the proposed
transaction; the risks related to disruption of management’s time from ongoing business operations as a result of the proposed
transaction; the risk that the proposed transaction may have an adverse effect on the ability of Amcor and Berry to retain key
personnel and customers; and those risks discussed in Amcor’s and Berry’s respective filings with the SEC. Forward looking
statements included herein are made only as of the date hereof and neither Amcor nor Berry undertakes any obligation to update
any forward-looking statements, or any other information in this communication, as a result of new information, future developments
or otherwise, or to correct any inaccuracies or omissions in them which become apparent. All forward-looking statements in this
communication are qualified in their entirety by this cautionary statement.
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