Mondi Plc – Director/PDMR Shareholding

Mondi plc

(Incorporated in England and Wales)

(Registered number: 6209386)

LEI: 213800LOZA69QFDC9N34

LSE share code: MNDIISIN: GB00BMWC6P49

JSE share code: MNP

24 March 2026

TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.22 EACH

On 23 March 2026, a PDMR of Mondi plc exercised a nil-cost option under the
Mondi plc Bonus Share Plan. Following exercise, some of the shares were sold to
cover tax liabilities.

There follows the required notification form.

This announcement is made in accordance with the requirements of Article 19(3)
of the UK Market Abuse Regulation.

Sponsor in South Africa: J.P. Morgan Equities South Africa (Pty) Ltd

+–+—————————-+——————————————–+
|1 |Details of the person |
| |discharging managerial |
| |responsibilities («PDMR») (or |
| |their person closely |
| |associated («PCA»)) / |
| |restricted person |
+–+—————————-+——————————————–+
|a)|Name |Thomas Ott |
+–+—————————-+——————————————–+
|2 |Reason for the notification |
+–+—————————-+——————————————–+
|a)|Position/status |CEO, Flexible Packaging |
+–+—————————-+——————————————–+
|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 financial|Ordinary shares of €0.22 each |
| |instrument, type of | |
| |instrument |GB00BMWC6P49 |
| | | |
| |Identification code | |
+–+—————————-+——————————————–+
|b)|Nature of the transaction |(1) Acquisition of shares as a result of the|
| | |exercise of a Mondi plc Bonus Share Plan nil|
| | |-cost option; and (2) subsequent sale of |
| | |shares |
+–+—————————-+——————————————–+
|c)|Price(s) and volume(s) | |
| | |+—————+————+———+ |
| | ||Transaction(s) |Price(s) |Volume(s)| |
| | |+—————+————+———+ |
| | ||(1) Acquisition|Nil |18,726 | |
| | |+—————+————+———+ |
| | ||(2) Sale |GBP 8.120562|10,300 | |
| | |+—————+————+———+ |
| | || | | | |
| | |+—————+————+———+ |
+–+—————————-+——————————————–+
|d)|Aggregated information |(1) 18,726 |
| | | |
| |- Aggregated volume |(2) 10,300 |
| | | |
| |- Price |(1) Nil |
| | | |
| | |(2) GBP 8.120562 |
+–+—————————-+——————————————–+
|e)|Date of transaction |2026-03-23 |
+–+—————————-+——————————————–+
|f)|Place of the transaction |Outside trading venue – off market |
+–+—————————-+——————————————–+

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