CANPACK S.A. ENTERED COOPERATIVE COMPLIANCE PROGRAM

Business Update    |   May 8, 2025

Krakow, Poland (May 8, 2025) – On April 22, 2025, CANPACK S.A. signed a cooperation agreement with Mr. Marcin Łoboda, the Head of the Polish National Tax Administration. This partnership marks the company’s entry into the prestigious Cooperative Compliance Program, joining a select group of businesses committed to the highest business, financial and fiscal standards. By participating in this Program, CANPACK S.A. will benefit from tailored support and enhanced cooperation with the Polish tax administration.

“Signing the cooperation agreement between the Head of the National Revenue Administration and CANPACK S.A. is an important step for us in relations with tax authorities and in implementing the company’s strategy for compliant, safe, and efficient tax management. We are pleased to observe that the Program is evolving to better meet the needs of companies with complex business profiles, operating in international markets and multiple jurisdictions. We appreciate the competence and professional approach of the Ministry of Finance and the National Revenue Administration towards such entities – with large operational scale and significant economic importance,” said Małgorzata Podrecka, Vice President, CANPACK S.A.

The Cooperative Compliance Program is a form of close and permanent cooperation between the taxpayer and the Head of the National Revenue Administration, based on mutual trust, understanding and transparency. The aim of the Program is to ensure that the taxpayer complies with tax law, and provides the taxpayer with the opportunity for advance consultation and alignment on material tax matters with the Head of the National Revenue Administration. Cooperation under the Program is to help ensure the correct taxation of transactions and settlement of tax liabilities, while replacing standard tax audits via monitoring audits. As part of the Program, the National Revenue Administration adjusts the level of supervision and monitoring over the taxpayer, including supervision over tax treatment and reporting of transactions.

About CANPACK Group, Inc.

CANPACK Group, Inc., part of Giorgi Global Holdings, Inc., is a global manufacturer of aluminum beverage cans and packaging solutions for the food and beverage industries, as well as glass bottles and metal closures.  CANPACK employs approximately 8,500 people worldwide and has operations in 16 countries. For more information, visit www.canpack.com.

Enquiries:

CANPACK IR team

Erin Krzeminski
Group Treasurer and Investor Relations Director

Marta Kopcik
Group Communications Manager

CANPACK IR Advisor

Daisy Padovan – H/Advisors Maitland

Phone: +44 (0) 207 379 5151
Email: canpack@h-advisors.global