FMN | June 20th, 2022

APC To Open Center Of Excellence American Packaging Corporation (APC) will open its new $100 mil- lion, 275,000-square-foot Center of Excellence manufacturing facility in Cedar City, Utah, in June 2023. The new operation will eventually add more than 135 jobs to Iron County. Breaking Ground APC purchased the land in Oc- tober 2021, and officially broke ground on February 8, 2022, during a groundbreaking ceremony with civic leaders and company officials. The new facility is expected to be fully operational in 2023, and in- clude flexographic-printing press- es, laminating, preformed pouch- making and finishing equipment. APC will hire 75 new APC team members as part of phase one, with career opportunities in manu- facturing, production, engineering and administration. Various options were consid- ered for the new facility during the site-selection process for APC’s first location in the western United States. Cedar City will serve as a strategic logistical location for both trucking and rail, providing excellent access to raw materials, as well as shipping to current and future customers. The Cedar City project is the first of three planned phases. APC will begin recruitment and hiring ef- forts for the new facility this year.

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Amazon Votes For Ocean Protection reported by Greg Kishbaugh I n a display of support in the fight against plastic pollution, 48.9 percent of shareholders of Amazon.com supported an As You Sow shareholder resolution at the company’s recently concluded annual meeting. The resolution asked the world’s

largest online retailer to disclose how much plastic packag- ing it uses and report on ways it can significantly reduce the overall use of plastic for packaging. More than 181 million shares with a market value exceeding $387 billion supported the proposal, providing the highest level of support among 15 shareholder proposals on social and environmental issues on this year’s Amazon proxy state- ment. When management and insider shares are discounted, the proposal was approved by an estimated 59 percent of non-company related shares.

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June 20, 2022

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Amazon’s substantial and growing use of plastic packaging exposes the company to increased finan- cial and reputational risk from millions of tons of plastic that end up in oceans and the environment, the proposal states, and the company lags its peers on disclosure and commitment to reducing plastic used for packaging. At the heart of the plastic pollution problem are single-use plastics like those generated by Amazon packaging, which makes up the largest component of ocean-bound plastic pollution. Amazon has not disclosed how much plastic it uses, but is believed to be one of the largest corporate users of flexible plastic packaging with heavy use of plastic e-com- merce mailers, which are generally not recycled. A recent report by the non-profit group Oceana es- timated that Amazon generated 599 million pounds of e-commerce plastic packaging in 2020. The com- pany said the report overestimated its plastics use but has declined to disclose its actual e-commerce plastic usage or the amount of plastic used in its 400+ private-label brand operations. “This vote supported by a majority of non-man- agement shareholders confirms that a wide range of mainstream investors are challenging Amazon to elevate the issue of plastic pollution and develop Buying Green Report (Cont’d from Page 1)

credible solutions to the global plastic pollution crisis now,” stated Conrad MacKerron, senior vice president at As You Sow. “Breaking the Plastic Wave,” a recent comprehen- sive report from Pew Charitable Trusts calls on consumer goods companies to cut plastic demand by one-third through elimination, reuse, refill, and new delivery systems — one of eight simultane- ous interventions required to reduce ocean plastic deposition 80 percent by 2040. The company lags retailing peers like Target Corp. and Walmart who have disclosed the amount of plastic they use and made public commitments to As You Sow to reduce the use of virgin plastic for packaging by 2025. An estimated 11 million metric tons of plastics leak into oceans annually and this figure is expect- ed to grow to 24 million metric tons by 2040 un- less a range of drastic remedial actions are taken. Plastic particles are permeating our air, food, and water. Ocean plastic pollution causes fatalities in more than 800 marine species from ingestion, en- tanglement, suffocation, or drowning. The scientific community has warned that plastic pollution may be nearing an irreversible tipping point. The plastic lifecycle imposes costs on the environment, climate, and human health that are at least 10 times higher than the market price of plastics.

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Flexo Market News June 20, 2022 3

SA Label Market To Grow To $62.3B By 2026 The global self-adhesive labels market size is pro- jected to grow from $47.9 billion in 2021 to $62.3 billion by 2026, at a Compound Annual Growth Rate of 5.4 percent from 2021 to 2026, according to a new report from Market and Markets. Rising demand from the industrial and retail sec- tors is supporting the growth of self-adhesive la- bels market. Self-adhesive labels are used widely in developed countries; the market is growing at a higher rate in emerging economies. The prevailing environmental regulations in the market focus on the reduction of packaging ma- terials — boxes, bags, and pouches — to decrease the amount of waste accumulating in landfills, which contributes to the growth of the self-adhe- sive labels market. Release liners, by type, accounted for the largest market share in the self-adhesive labels market. In terms of both value and volume, flexography is projected to be the fastest-growing segment from 2021 to 2026, for self-adhesive labels. In terms of value, the APAC self-adhesive labels market is projected to grow at the highest CAGR during the forecast period. Meyers Receives Hormel Foods Excellence Award Meyers, Minneapolis, Minnesota, a provider of re- tail brand packaging, product labeling, and retail merchandising in-store displays for global brands, has received the Hormel Foods Spirit of Excellence Award. The honor recognizes suppliers whose work with Hormel helps the company achieve its key results. Exceptional Quality The Spirit of Excellence Award is presented to suppliers who demonstrated exceptional quality, on-time delivery, and customer service and sup- port through the previous year, and have main- tained a score of at least 92 on Hormel’s supplier rating index over a 12-month period. The index score is determined by a universal measurement system that began in 1990 to ensure each supplier is held to the same standards. Meyers reached its goal of powering 100 per- cent of its operations using carbon-free electricity sources by the end of 2021, and in April 2022 pledged to being carbon neutral within its opera- tions by 2024.

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4 June 20, 2022 Flexo Market News

Actega Unveils Sustainability Commitments Actega, a manufacturer of specialty coatings, inks, adhesives and sealing compounds for the print and packaging industry, has unveiled its latest strategic commitments toward operating more sustainably and supporting a more sustainable future for the industry. The company is developing and investing in its fa- cilities and R&D, and working together on a global scale to achieve this goal. Actega’s five tactics to achieving circular economy model are recycle, reduce, displace, replace and de- grade. Closely linked to tactics one, two and five, an initial raw materials investigation into the carbon footprint of Actega’s products concentrated on se- lected paper and board coatings. These first findings concluded that reducing the carbon footprint of binders within Actega’s wa- ter-based products can significantly reduce the products’ overall carbon footprint. This could be achieved by incorporating either exclusively bio- based materials or biomass balanced raw materials (using both the original components and a certain amount of certified renewable feedstock within ex- isting chemical pathways). Individual Actega facilities are also developing and implementing numerous projects, designed to boost each sites’ environmental credentials. As part of the Let’s Act campaign within the business, teams are working together to minimize their local environmental impact. Such initiatives range from significant invest- ments, like the installation of solar panels at Actega in Vigo, Spain, to utilizing specialized skills within the Lehrte, Germany, team to promote biodiversity and nature at the site, including successfully nurtur- ing six bee colonies. OEC Graphics Completes Miraclon Certification OEC Graphics, a pre-press service provider based in Oshkosh, Wisconsin, has completed the Miraclon Certification Program for FLEXCEL NX Plates. Designed to evaluate KODAK FLEXCEL NX Sys- tem users’ ability to meet international standards, the certification program represents a feature set that drives efficiency, repeatability, and consistent quality flexo plate production, according to the company. The certification process is also supported with comprehensive >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16

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