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Pactiv Evergreen Earns FSC®-Recycled Certification for Molded Fiber Egg Packaging

1. Pactiv Evergreen's egg cartons are now FSC certified for sustainability. 2. Certification confirms products are made from 100% recycled materials. 3. Pactiv emphasizes commitment to environmental responsibility and innovative packaging. 4. The company will showcase these products at IPPE Expo in January 2025. 5. This milestone enhances brand reputation among eco-conscious consumers.

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Why Bullish?

The certification may attract environmentally-focused customers, enhancing sales. Previous sustainability initiatives in consumer products often lead to positive price movements.

How important is it?

The article highlights a crucial sustainability certification which can significantly affect PTVE's market positioning.

Why Long Term?

Sustainability certifications generally lead to sustainable growth over time. Positive consumer sentiment around sustainability can stabilize revenues in the long run.

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PTVE
Featured at IPPE Expo in Atlanta, Georgia from January 28-30, 2025 January 16, 2025 16:05 ET  | Source: Pactiv Evergreen Inc. LAKE FOREST, Ill., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Pactiv Evergreen’s molded fiber egg cartons and filler flats have been certified by the Forest Stewardship Council® (FSC®) as being made from 100 percent recycled materials. This significant milestone reinforces the Company’s purpose of Packaging a Better Future by protecting the planet’s natural resources. This certification, under Pactiv Evergreen’s FSC C125335 license, applies to all molded fiber egg cartons and filler flats produced at the Company’s facilities in Macon, Georgia; City of Industry, California; Moorhead, Minnesota; and Chihuahua, Mexico. “The FSC label is a trusted mark for sustainable forestry,” said Eric Wulf, President of Pactiv Evergreen’s Food and Beverage Merchandising business unit. “Our FSC-Recycled certification assures customers that our molded fiber egg packaging is made from 100 percent recycled materials and reinforces our commitment to producing innovative, quality packaging while reducing the environmental impact.” Pactiv Evergreen will showcase its molded fiber egg packaging with the new FSC-Recycled label at the International Production & Processing Expo (IPPE) in Atlanta, Georgia from January 28-30, 2025. Visit Pactiv Evergreen at booth B17033 to meet with Company representatives and learn how its molded fiber egg packaging can be a solution for your business. “Receiving this certification emphasizes our dedication to making transparent, third-party verified claims,” said Lynn Dyer, Chief Sustainability Officer for Pactiv Evergreen. “We are proud to offer the FSC-Recycled label on our egg packaging and are committed to providing our customers with products they can trust to be environmentally responsible.” About Pactiv Evergreen Pactiv Evergreen is a leading manufacturer and distributor of fresh foodservice and food merchandizing products and fresh beverage cartons in North America. Pactiv Evergreen produces a broad range of on-trend and feature-rich products that protect, package and display food and beverages for today’s consumers. Its products, many of which are made with recycled, recyclable or renewable materials, are sold to a diversified mix of customers, including restaurants, foodservice distributors, retailers, food and beverage producers, packers and processors. Learn more at www.pactivevergreen.com. Note to Investors Regarding Forward-Looking Statements This press release contains forward-looking statements that reflect Pactiv Evergreen’s current views with respect to certain current and future events. All statements contained in this press release other than statements of historical fact are forward-looking statements. In some cases, you can identify these statements by forward-looking words such as “may,” “might,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” “likely” or “continue,” the negative of these terms and other comparable terminology. These statements are only predictions based on our expectations and projections about future events as of the date of this press release and are subject to a number of risks, uncertainties and assumptions that may prove incorrect, any of which could cause actual results to differ materially from those expressed or implied by such statements, including, among others, those described under the heading “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2023 filed with the Securities and Exchange Commission, or SEC, and our Quarterly Reports on Form 10-Q for the quarters ended March 31, 2024, June 30, 2024 and September 30, 2024 filed with the SEC. New risks emerge from time to time, and it is not possible for our management to predict all risks, nor can management assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement the Company makes. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. Except as otherwise required by law, the Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. Media Contact:  Beth KellySr. Director, Communications  beth.kelly@pactivevergreen.com

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