Announcement of CEO's retirement and appointment of Interim CEO

Amcor (ASX: $AMC) filed a Form 8-K with the US Securities and Exchange Commission on March 19, 2024, announcing the retirement of Ronald Delia, the Chief Executive Officer, due to health reasons. The retirement will be effective from April 15, 2024, and Mr. Delia will continue in a non-executive role as Senior Advisor until September 30, 2024. The Board has engaged a third-party search firm to find a replacement for the CEO. In the interim, Peter Konieczny, the current Chief Commercial Officer, will assume the role of Interim Chief Executive Officer.

Executive Commentary on CEO's Retirement and Appointment of Interim CEO

On March 16, 2024, Ronald Delia notified Amcor plc of his intention to retire as the Chief Executive Officer and as a member of the Company's Board of Directors due to health reasons. He will continue in a non-executive role as Senior Advisor until September 30, 2024, to ensure a smooth transition of duties. In connection with his retirement, Mr. Delia has entered into a Transition and Release Agreement with the Company, providing for continued base salary, bonus entitlements, equity awards, and other benefits. The Board has appointed Peter Konieczny as the Interim Chief Executive Officer, effective upon Mr. Delia's retirement, while a search for a permanent CEO is underway.

Summary of CEO's Retirement and Appointment of Interim CEO

Amcor (ASX: $AMC) announced the retirement of Ronald Delia, the Chief Executive Officer, due to health reasons, with effect from April 15, 2024. Mr. Delia will continue in a non-executive role as Senior Advisor until September 30, 2024, to facilitate a smooth transition. The Board has engaged a third-party search firm to find a replacement for the CEO. In the interim, Peter Konieczny, the current Chief Commercial Officer, will serve as the Interim Chief Executive Officer. The company aims to ensure continuity in leadership and a seamless transition during this period of change.