CLOSING OF EUR100 MILLION ASSET‑BASED REVOLVIING CREDIT FACILITY

Krakow, Poland (July 3, 2023) – CANPACK Group announces that on June 30^thit has successfully closed on a committed five-year EUR100 million asset-based revolving credit facility with a consortium of leading banks. The new facility, secured by certain assets, together with the US$400 million asset-based revolving credit facility announced in March 2023, replaces the 387 million Euro and 342 million Polish Zloty multicurrency revolving facility that was in place until March 2023. In addition to replacing this facility, it will provide funding for general corporate and working capital purposes.

This new facility, together with the one secured with the US$400 million facility mentioned above, will provide to CANPACK even greater flexibility, to address market conditions and its financial needs. BNP Paribas Bank Polska SA acted as Lead Arranger, Facility and Security Agent. Together with ING Bank Śląski SA & PKO Bank Polski SA as Lead Arrangers.

About CANPACK Group

CANPACK Group, part of the Giorgi Global Holdings, Inc is a global manufacturer of aluminum beverage cans and packaging solutions for the food industry, as well as glass bottles and metal closures. Headquartered in Krakow (Poland), the company employs over 9,000 people worldwide and has operations in 16 countries.

Enquiries:

CANPACK IR team

Lorenzo Ruffatti
Group Treasury Director and Investor Relations Director

Marta Kopcik
Group Communications Manager

Email: IR@canpack.com

CANPACK IR Advisor

Li Zhao – H/Advisors Maitland
Phone: +44 (0) 207 379 5151
Email: canpack@h-advisors.global