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MONDI PLC - Non-executive director retirement

Release Date: 26/01/2017 16:15
Code(s): MNP MND     PDF:  
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Non-executive director retirement

Mondi Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1967/013038/06)
JSE share code: MND ISIN: ZAE000156550

Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
JSE share code: MNP ISIN: GB00B1CRLC47
LSE share code: MNDI

As part of the dual listed company structure, Mondi Limited and Mondi plc (together
“Mondi Group”) notify both the JSE Limited and the London Stock Exchange of matters
required to be disclosed under the Listings Requirements of the JSE Limited and/or the
Disclosure Guidance and Transparency and Listing Rules of the United Kingdom Listing
Authority. To comply with the requirements in Articles 7 and 9 of the regulatory technical
standards of the Transparency Directive (2004/109/EC), this announcement is classified
as additional regulated information required to be disclosed under the laws of a Member
State.




NON-EXECUTIVE DIRECTOR RETIREMENT

The Mondi Group announces that Anne Quinn will retire as an independent non-
executive director of Mondi Limited and Mondi plc at the conclusion of the Annual
General Meetings on 11 May 2017. Anne has served on the Boards since May 2007.

The joint chairmen, David Williams and Fred Phaswana, commented:

“We would like to take this opportunity to thank Anne for the significant contribution she
has made to the Boards since the Mondi Group became independent in 2007. In
particular, Anne has played a key role as Senior Independent Director and in relation to
remuneration issues through her chairmanship of the DLC Remuneration Committee.
She leaves with our very best wishes for the future”.

As a result, also with effect from the conclusion of the Annual General Meetings:

(i)     John Nicholas, an independent non-executive director and chair of the DLC Audit
        Committee, will succeed Anne Quinn as Senior Independent Director.
(ii)    Tanya D Fratto will be appointed as a member of the DLC Audit Committee,
        subject to shareholder approval at the Annual General Meetings, and as chair of
        the DLC Remuneration Committee.
(iii)   Dominique Reiniche will be appointed as a member of the DLC Sustainable
        Development Committee.
Statutory and regulatory disclosures:

Statement pursuant to section 430(2B) of the UK Companies Act 2006: Anne Quinn,
upon retirement as a director of Mondi Limited and Mondi plc, will receive a payment of
£10,409.56 representing the normal non-executive director’s fees payable in full to her
retirement date for the period from 1 April to 11 May 2017. No other remuneration
payments or payment for loss of office have been or will be made in connection with her
retirement.

Contact details:
Mondi Group
Lora Rossler
Group Head of Communications
Tel: +27 (0)31 451 2111 or +27 (0)83 627 0292

About Mondi Group

We are Mondi: In touch every day

At Mondi, our products protect and preserve the things that matter.

Mondi is an international packaging and paper Group, employing around 25,000 people
across more than 30 countries. Our key operations are located in central Europe,
Russia, North America and South Africa. We offer over 100 packaging and paper
products, customised into more than 100,000 different solutions for customers, end
consumers and industrial end uses - touching the lives of millions of people every day. In
2015, Mondi had revenues of €6.8 billion and a return on capital employed of 20.5%.

The Mondi Group is fully integrated across the packaging and paper value chain - from
managing forests and producing pulp, paper and compound plastics, to developing
effective and innovative industrial and consumer packaging solutions. Our innovative
technologies and products can be found in a variety of applications including hygiene
components, stand-up pouches, super-strong cement bags, clever retail boxes and
office paper. Our key customers are in industries such as automotive; building and
construction; chemicals; food and beverage; home and personal care; medical and
pharmaceutical; packaging and paper converting; pet care; and office and professional
printing.

Mondi has a dual listed company structure, with a primary listing on the JSE Limited for
Mondi Limited under the ticker code MND and a premium listing on the London Stock
Exchange for Mondi plc, under the ticker code MNDI.

For us, acting sustainably makes good business sense and is part of the way we work
every day. We have been included in the FTSE4Good Index Series since 2008 and the
JSE's Socially Responsible Investment (SRI) Index since 2007.

26 January 2017
Sponsor in South Africa: UBS South Africa (Pty) Ltd

Date: 26/01/2017 04:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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