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

27 February 2026

NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL
RESPONSBILITIES (PDMRs)

We advise that directors/PDMRs of Mondi plc have acquired Mondi plc ordinary
shares of €0.22 each following the exercise of nil-cost options under the Mondi
plc Bonus Share Plan (BSP). Following exercise, some of the shares were sold,
including to cover tax liabilities.

The exercise of the BSP nil-cost options for directors includes additional
shares received in lieu of dividends, which are subject to tax. The retained
shares for one director were subsequently transferred to the director’s spouse
for nil cost.

Details of the vesting, exercise, sale and transfer of the shares are set out in
the below notification forms.

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 |Andrew King |
+–+—————————-+——————————————–+
|2 |Reason for the notification |
+–+—————————-+——————————————–+
|a)|Position/status |Group CEO |
+–+—————————-+——————————————–+
|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 |73,197 | |
| | |+—————+————+———+ |
| | ||(2) Sale |GBP 8.798737|34,403 | |
| | |+—————+————+———+ |
| | || | | | |
| | |+—————+————+———+ |
+–+—————————-+——————————————–+
|d)|Aggregated information |(1) 73,197 |
| | | |
| |- Aggregated volume |(2) 34,403 |
| | | |
| |- Price |(1) Nil |
| | | |
| | |(2) GBP 8.798737 |
+–+—————————-+——————————————–+
|e)|Date of transaction |2026-02-26 |
+–+—————————-+——————————————–+
|f)|Place of the transaction |Outside trading venue – off market |
+–+—————————-+——————————————–+

+–+—————————-+——————————————–+
|1 |Details of the person |
| |discharging managerial |
| |responsibilities (“PDMR”) (or |
| |their person closely |
| |associated (“PCA”)) / |
| |restricted person |
+–+—————————-+——————————————–+
|a)|Name |Vivien McMenamin |
+–+—————————-+——————————————–+
|2 |Reason for the notification |
+–+—————————-+——————————————–+
|a)|Position/status |CEO, Corrugated 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 |7,672 | |
| | |+—————+————–+———+ |
| | ||(2) Sale |ZAR 188.941803|7,672 | |
| | |+—————+————–+———+ |
| | || | | | |
| | |+—————+————–+———+ |
+–+—————————-+——————————————–+
|d)|Aggregated information |(1) 7,672 |
| | | |
| |- Aggregated volume |(2) 7,672 |
| | | |
| |- Price |(1) Nil |
| | | |
| | |(2) ZAR 188.941803 |
+–+—————————-+——————————————–+
|e)|Date of transaction |2026-02-26 |
+–+—————————-+——————————————–+
|f)|Place of the transaction |Outside trading venue – off market |
+–+—————————-+——————————————–+

+–+—————————-+——————————————–+
|1 |Details of the person |
| |discharging managerial |
| |responsibilities (“PDMR”) (or |
| |their person closely |
| |associated (“PCA”)) / |
| |restricted person |
+–+—————————-+——————————————–+
|a)|Name |Lars Mallasch |
+–+—————————-+——————————————–+
|2 |Reason for the notification |
+–+—————————-+——————————————–+
|a)|Position/status |Group Technical & Sustainability Director |
+–+—————————-+——————————————–+
|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 |10,134 | |
| | |+—————+————+———+ |
| | ||(2) Sale |GBP 8.798737|5,574 | |
| | |+—————+————+———+ |
| | || | | | |
| | |+—————+————+———+ |
+–+—————————-+——————————————–+
|d)|Aggregated information |(1) 10,134 |
| | | |
| |- Aggregated volume |(2) 5,574 |
| | | |
| |- Price |(1) Nil |
| | | |
| | |(2) GBP 8.798737 |
+–+—————————-+——————————————–+
|e)|Date of transaction |2026-02-26 |
+–+—————————-+——————————————–+
|f)|Place of the transaction |Outside trading venue – off market |
+–+—————————-+——————————————–+

+–+—————————-+——————————————–+
|1 |Details of the person |
| |discharging managerial |
| |responsibilities (“PDMR”) (or |
| |their person closely |
| |associated (“PCA”)) / |
| |restricted person |
+–+—————————-+——————————————–+
|a)|Name |Mike Powell |
+–+—————————-+——————————————–+
|2 |Reason for the notification |
+–+—————————-+——————————————–+
|a)|Position/status |Group CFO |
+–+—————————-+——————————————–+
|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 |43,339 | |
| | |+—————+————+———+ |
| | ||(2) Sale |GBP 8.798737|20,370 | |
| | |+—————+————+———+ |
| | || | | | |
| | |+—————+————+———+ |
+–+—————————-+——————————————–+
|d)|Aggregated information |(1) 43,339 |
| | | |
| |- Aggregated volume |(2) 20,370 |
| | | |
| |- Price |(1) Nil |
| | | |
| | |(2) GBP 8.798737 |
+–+—————————-+——————————————–+
|e)|Date of transaction |2026-02-26 |
+–+—————————-+——————————————–+
|f)|Place of the transaction |Outside trading venue – off market |
+–+—————————-+——————————————–+

+–+—————————-+—————————————–+
|1 |Details of the person |
| |discharging managerial |
| |responsibilities (“PDMR”) (or |
| |their person closely |
| |associated (“PCA”)) / |
| |restricted person |
+–+—————————-+—————————————–+
|a)|Name |Mike Powell |
+–+—————————-+—————————————–+
|2 |Reason for the notification |
+–+—————————-+—————————————–+
|a)|Position/status |Group CFO |
+–+—————————-+—————————————–+
|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 |Transfer of 22,969 Ordinary shares to his|
| | |spouse for nil cost |
+–+—————————-+—————————————–+
|c)|Price(s) and volume(s) | |
| | |+——–+———+ |
| | ||Price(s)|Volume(s)| |
| | |+——–+———+ |
| | ||Nil |22,969 | |
| | |+——–+———+ |
+–+—————————-+—————————————–+
|d)|Aggregated information |22,969 |
| | | |
| |- Aggregated volume |Nil |
| | | |
| |- Price | |
+–+—————————-+—————————————–+
|e)|Date of transaction |2026-02-26 |
+–+—————————-+—————————————–+
|f)|Place of the transaction |Outside trading venue – off market |
+–+—————————-+—————————————–+

+–+—————————-+——————————————+
|1 |Details of the person |
| |discharging managerial |
| |responsibilities (“PDMR”) (or |
| |their person closely |
| |associated (“PCA”)) / |
| |restricted person |
+–+—————————-+——————————————+
|a)|Name |Kate Powell |
+–+—————————-+——————————————+
|2 |Reason for the notification |
+–+—————————-+——————————————+
|a)|Position/status |Person closely associated to Mike Powell, |
| | |Group CFO |
+–+—————————-+——————————————+
|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 |Receipt of 22,969 Ordinary shares from her|
| | |spouse for nil cost |
+–+—————————-+——————————————+
|c)|Price(s) and volume(s) | |
| | |+——–+———+ |
| | ||Price(s)|Volume(s)| |
| | |+——–+———+ |
| | ||Nil |22,969 | |
| | |+——–+———+ |
+–+—————————-+——————————————+
|d)|Aggregated information |22,969 |
| | | |
| |- Aggregated volume |Nil |
| | | |
| |- Price | |
+–+—————————-+——————————————+
|e)|Date of transaction |2026-02-26 |
+–+—————————-+——————————————+
|f)|Place of the transaction |Outside trading venue – off market |
+–+—————————-+——————————————+

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