MONDI PLC - Mondi signs 750 million revolving credit facility linked to its 2030 sustainable development goals

Mondi signs €750 million revolving credit facility linked to its 2030 sustainable development goals

Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34

LSE share code: MNDI                   ISIN: GB00B1CRLC47
JSE share code: MNP

4 June 2021

Mondi signs €750 million revolving credit facility linked to its 2030 sustainable
development goals

Mondi has signed a new €750 million 5-year revolving multicurrency credit facility agreement
(‘RCF’) to refinance the existing €750 million facility that was due to mature in July 2022. It
includes an option to extend the RCF by one or two years with each bank's approval.

The RCF incorporates key sustainability targets linked to MAP2030 (Mondi’s Action Plan to
meet its ambitious 2030 sustainability goals), classifying the facility as a Sustainability Linked
Loan. MAP2030 is designed to tackle global issues across the value chain with commitments
focused on three action areas: circular-driven packaging and paper solutions, created by
empowered people, taking action on climate. All areas are aligned with the UN Sustainable
Development goals as part of Mondi’s focus on being sustainable by design.

Under the terms of the agreement, the margin will be adjusted according to the Group’s
performance against specified sustainability targets. The facility was self-arranged with 10
relationship banks: Barclays, BBVA, Bank of America, BNP Paribas, Commerzbank, Deutsche
Bank, Erste Group, Raiffeisen Bank International, SEB and UniCredit.

Mike Powell, Mondi's Chief Financial Officer, said:
'We are pleased to align our financing to our sustainability framework. Sustainability is at the
centre of our purpose, culture and strategy to drive value accretive growth for the benefit of all
our stakeholders. The Group’s financial position remains strong. The RCF will extend our debt
maturity profile and reinforces the strong relationships we have with our banking partners.’

Contact details:

Mondi Group

James Paterson                                         +44 193 282 6340
Group Treasurer

Clara Valera                                            +44 193 282 6357
Group Head of Strategy and Investor Relations

Suvra Jans                                              +44 1932 826 333
Senior Media Relations Manager
About MAP2030

MAP2030 (Mondi Action Plan 2030) sets out the actions we will take to meet our ambitious
2030 sustainability goals. We believe that by focusing on circular driven solutions, created by
empowered people, taking action on climate we will have the most positive impact.

MAP2030 is built on a foundation of responsible business practices spanning business ethics
and governance, human rights, communities, procurement and environmental impact. Each
area has commitments and targets to guide our action, including work on human rights due
diligence; ongoing investment in our communities; 100% responsible sourcing of wood fibre;
and air emission and water targets to minimise our environmental impact.

For more information please visit: www.mondigroup.com/MAP2030


About Mondi

Mondi is a global leader in packaging and paper, contributing to a better world by making
innovative packaging and paper solutions that are sustainable by design. Our business is
integrated across the value chain – from managing forests and producing pulp, paper and
plastic films, to developing and manufacturing effective industrial and consumer packaging
solutions. Sustainability is at the centre of our strategy and intrinsic in the way we do business.
We lead the industry with our customer-centric approach, EcoSolutions, where we ask the
right questions to find the most sustainable solution. In 2020, Mondi had revenues of €6.66
billion and underlying EBITDA of €1.35 billion.

Mondi has a premium listing on the London Stock Exchange (MNDI), and a secondary listing
on the JSE Limited (MNP). Mondi is a FTSE 100 constituent, and has been included in the
FTSE4Good Index Series since 2008 and the FTSE/JSE Responsible Investment Index
Series since 2007.

Sponsor in South Africa: UBS South Africa Proprietary Limited.

Date: 04-06-2021 08:00:00
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