Transactions in Mondi Plc Ordinary Shares Of €0.20 Each Mondi plc (Incorporated in England and Wales) (Registered number: 6209386) LEI: 213800LOZA69QFDC9N34 LSE share code: MNDI ISIN: GB00B1CRLC47 JSE share code: MNP 11 May 2020 TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH On 11 May 2020, an award of shares took place under the Mondi plc Long Term Incentive Plan (LTIP). Mondi plc Long Term Incentive Plan Date of transaction 11 May 2020 Class of share Ordinary Option price Nil cost option Release date After the announcement of the final results for 2022 in early 2023 Performance conditions One half TSR and one half ROCE each measured over the 3 financial years ending 31 December 2022 Additional Information The LTIP award is based on a percentage of the Executive’s salary as approved by the Remuneration Committee. In line with the standard methodology adopted each year, the number of shares under award is determined with reference to the average share price over three days commencing with the announcement of results. There follows a notification form for a director of Mondi plc. Sponsor in South Africa: UBS South Africa (Pty) Ltd 1 Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person a) Name Andrew King 2 Reason for the notification a) Position/status Group CEO b) Initial notification / Initial notification Amendment 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Mondi plc b) LEI 213800LOZA69QFDC9N34 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the Ordinary shares of €0.20 each financial instrument, type of instrument Identification code GB00B1CRLC47 b) Nature of the Grant of shares as options under the Mondi plc transaction Long Term Incentive Plan c) Price(s) and volume(s) Transaction(s) Price(s) Volume(s) Grant Nil 140,758 d) Aggregated information - Aggregated volume 140,758 - Price Nil e) Date of transaction 2020-05-11 f) Place of the transaction Outside trading venue – off market Date: 11-05-2020 02:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.