2025 Interim Dividend ZAR/euro Exchange Rate

Mondi plc
Incorporated in England and Wales
Registered number: 6209386
Tax registration number: 454 12394 14454
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI         ISIN: GB00BMWC6P49
JSE share code: MNP


31 July 2025

Mondi Group – 2025 Interim Dividend ZAR/euro Exchange Rate

This morning in our half-year results announcement we announced that an interim
dividend for the year ending 31 December 2025 of 23.33 euro cents per ordinary
share will be paid on Friday 26 September 2025 to all Mondi plc ordinary
shareholders on either the UK main register or the South African branch register
on Friday 22 August 2025.

Mondi plc will pay its dividend in euro. However, ordinary shareholders resident in
the United Kingdom will receive the dividend in sterling (unless shareholders have
elected to receive their dividend in euro). The last date for euro currency elections
will be Monday 8 September 2025. The exchange rate will be set on Friday 12
September 2025.

Shareholders holding their shares on the South African branch register will receive
the dividend in South African rand cents, converted at a rate of EUR 1 to ZAR
20.67954. Therefore, the equivalent gross interim dividend in rand cents per
ordinary share will be 482.45367.

For shareholders holding their shares on the South African branch register, the
dividend will, for South African dividends tax purposes, be taxed like local
dividends. As such, for South African tax resident shareholders holding their
shares on the South African branch register, dividends withholding tax will be
withheld from the dividends payable to these shareholders at a rate of 20%, unless
a shareholder qualifies for an exemption, resulting in a net dividend of 385.96294
rand cents per ordinary share. Shareholders holding their shares on the South
African branch register who are not tax resident in South Africa are exempted from
South African dividends withholdings tax.

For the purposes of South Africa dividends tax reporting, the source of income for
the payment of the dividend is the United Kingdom.

Additional Information

The interim dividend will be paid from income reserves.
Mondi plc had a total of 441,412,530 ordinary shares in issue of which 187,619,074
were held on the branch register, excluding treasury shares, at the dividend
declaration date of 31 July 2025.


About Mondi

Mondi is a global leader in packaging and paper, contributing to a better world by
producing products that are sustainable by design. We employ 24,000 people in
more than 30 countries and operate an integrated business with expertise
spanning the entire value chain, enabling us to offer our customers a broad
range of innovative solutions for consumer and industrial end-use applications.
Sustainability is at the centre of our strategy, with our ambitious commitments to
2030 focused on circular driven solutions, created by empowered people, taking
action on climate.

In 2024, Mondi had revenues of €7.4 billion and underlying EBITDA of €1.0
billion. Mondi is listed on the London Stock Exchange in the ESCC category
(MNDI), where the Group is a FTSE100 constituent. It also has a secondary
listing on the JSE Limited (MNP).

Sponsor in South Africa: Merrill Lynch South Africa Proprietary Limited t/a BofA
Securities.

Date: 31-07-2025 01:30:00
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.