ORORA LIMITED — Capital/Financing Update 2020

Apr 1, 2020

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2 April 2020

Completion Date – Sale of Orora Australasian Fibre Business to Nippon Paper Industries Co., Ltd

Orora Limited (Orora) advises that completion of the sale of Orora’s Australasian Fibre Business to Nippon Paper Industries Co., Ltd (Nippon Paper) is expected to occur on 30 April 2020. As previously announced by Orora, regulatory approvals have been obtained and, while the majority of the conditions precedent have already been satisfied, both Orora and Nippon Paper are working towards finalisation of the remaining items by no later than 30 April 2020.

A further update will be provided following completion.

ENDS

Authorised for release to the ASX by Orora’s Company Secretary, Ann Stubbings.

Company contacts:

Media enquiries

Investor enquiries

Nicole Devlin GM Orora Corporate Affairs T: +61 3 9811 7189 M: +61 408 147 350

Stuart Hutton Chief Financial Officer T: +61 3 9811 7271 M: +61 439 500 283

Rhianna Fursdon Orora Corporate Affairs T: +61 3 8862 9736 M: +61 477 020 337

Grant Warner GM Treasury and Investor Relations T: +61 3 9811 7441 M: +61 439 002 416

Orora Limited ABN 55 004 275 165 109 Burwood Road Hawthorn Victoria 3122 • +61 3 9811 7111 www.ororagroup.com