PRO-PAC PACKAGING LIMITED — M&A Activity 2017

Nov 5, 2017

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6 November 2017

PRO-PAC COMPLETES TRANSFORMATIONAL MERGER WITH IPG

Effective today, IPG is now a wholly-owned subsidiary of Pro-Pac Packaging Limited ( Pro-Pac ). IPG is Australia’s largest specialist manufacturer and distributer of flexibles, film, wrap and associated products with #1 or #2 positions in key markets.

In accordance with the terms of the merger, Mr Rupert Harrington has been appointed as a director of Pro-Pac with effect from today.

Pro-Pac CEO, Mr Grant Harrod, said “This transformational merger positions Pro-Pac as one of the leaders in the growing flexible manufacturing and distribution segment. There are many opportunities to extend our capabilities in this segment, improve our scale and efficiency and capitalise on market growth in flexibles over the medium term. We look forward to integrating these businesses and delivering value for our shareholders.”

Enquires

For further information please contact:

CFO and Company Secretary Mr. Mark Saus Pro-Pac Packaging Limited Tel (02) 8781 0500

Building 1, 147-151 Newton Rd Wetherill Park NSW 2164 P.O Box 6484, Wetherill Park NSW 2164 Tel: (02) 8781 0500 Fax: (02) 8781 0599 Web: www.ppgaust.com.au