• Amcor and Berry Global Group enter merger agreement
• Amcor shareholders to vote on share issuance to Berry stockholders
• Berry stockholders to vote on merger proposal

Amcor Plc has filed a definitive proxy statement with the SEC regarding a proposed merger with Berry Global Group, Inc. Under the terms of the agreement, Amcor's wholly-owned subsidiary Aurora Spirit, Inc. will merge with and into Berry, with Berry surviving as a wholly-owned Amcor subsidiary. At the effective time of the merger, each outstanding share of Berry common stock will be converted into the right to receive 7.25 Amcor ordinary shares. Immediately after the merger, Amcor shareholders are expected to own approximately 63% of the combined company, while Berry stockholders will own around 37%. Amcor ordinary shares will continue to be listed on the NYSE, and Amcor CDIs will continue trading on the ASX. Berry common stock will no longer be publicly traded. Amcor shareholders will vote on a proposal to approve the share issuance to Berry stockholders, while Berry stockholders will vote on adopting the merger agreement. The boards of both companies have unanimously recommended approval of the respective proposals.