Growing our Partnerships October 31, 2017

Sonoco Products Is a Global Packaging Corporation Founded 1899 in Hartsville, S.C. Diversified provider of consumer, protective, and industrial packaging and services $4.8 billion in sales 330 plants in 34 countries 20,000 employees Products sold in 85 countries

Sonoco Recycling at a Glance

Sonoco Recycling North America – 2.8 MM tons Sort, bale and sell residential curbside pick-up 2 most profitable plants in the Sonoco Recycling Division Represent 29% of division EBIT These plants are 4 times more profitable than the division’s average plant New 45,000 sq. ft. state-of-the-art MRF in Raleigh Opened September ’06 City of Raleigh Contract – 10 year renewal signed

Sonoco North America Integrated Business Integrated Supply Chain Model Recycling Paper Converting 22 Plants 4 Material Recovery Facilities (MRF) Collect 2.8 million tons 70% OCC 13 Paper Mills with 21 paper machines 1.3 million tons of Paperboard 3 Adhesive locations and Forest Products 75 Industrial and Consumer converting operations Consume internally supplied paperboard and adhesives

Sonoco Recycling and New Hanover County Partnership Partnership established in July 2015. Presence now in Eastern North Carolina, which fit well into our Jacksonville and Raleigh MRF footprint. Secured long term supply of material for Sonoco Paper Mills and ITG, as NHC and City of Wilmington had an established recycling programs. New Hanover County has a growing population (Estimated 10.3 % from 2010 to 2016), leading to increased recycling volumes. Unique example of City and County working together finding a common solution. Combination of NHC and City of Wilmington’s volumes along did not justify the capital investment. We were able to redirect additional volumes into the area to meet our justification requirements.

Sonoco Recycling and New Hanover County Partnership Continued Creativity from all parties: NHC had the property and was willing to invest in the building and infrastructure. Sonoco Recycling used the “Mirco – MRF” approach. Logistic savings opportunities within Sonoco Recycling, City of Wilmington, and other established partners in the area. Port of Wilmington. Combination of all the factors leading us into this unique opportunity. Continuous collaboration from both parties over the years is driving this successful partnership.