Our Strategy

Introduction

We aspire to make SIG-packed products accessible to everyone, everywhere, enabling people to enjoy healthy, great-tasting food and beverages. To achieve our ambition, our people work in partnership with our customers to bring food products to consumers around the world in a safe, sustainable and affordable way.

Growth Grow above the market

1

Progress in 2019

In June, we again achieved our objective of core revenue growth at constant currency of 4-6%. We achieved growth in all regions and expanded our footprint in Asia Pacific with the acquisition of Visy Cartons. We made further advances in the sustainability of our packs and were the first carton company to offer a paper straw.

Priorities for 2020

  • Further execute our strategy to grow share in established and new markets
  • Further expand in new categories driven by changing consumer habits, eg. plant-based dairy alternatives, water, nutritional supplements
  • Construct our new sleeves plant in China ready for production commencing early in 2021
  • Integration of Visy Cartons in Australia with the start of supply chain optimisation and the expansion of the product range

Customer Win at the customer

2

Progress in 2019

We continued to win new customers while increasing our share of wallet with existing customers. Key drivers of our success were the format and volume flexibility of our filling machines, attractive total cost of ownership for longer runs, innovative product designs and our high service levels. The launch of the first pilot project for our partnership with GE Digital paved the way for a transition to predictive filler maintenance across our customer base.

> 25 years

average length of relationship with top 10 customers

Priorities for 2020

  • Help our customers respond to the growing consumer concern for the environment by providing them with the most sustainable packaging solutions on the market
  • Continue to ensure that affordable solutions are available in regions where consumer purchasing power is still low
  • Support our customers in unlocking new growth opportunities in rapidly developing segments such as dairy alternatives and snacking
  • Leverage our new Tech Centre in China to accelerate the pace of innovation in the Asia Pacific region and to give more customers first hand experience of the potential of our filling machines

People Foster our winning team

3

Progress in 2019

In 2019, we implemented a long-term incentive plan, which further fosters the alignment of managers with shareholders and the perspective of pay for performance. Across the Company we set stretched – but achievable – targets and worked to ensure that all team members understand their roles in meeting those targets.

A diverse workforce with equal opportunities for everyone is a priority for SIG. Our goals include increasing the proportion of leadership positions held by women to 30% by 2025.

Priorities for 2020

  • Further align performance and reward; introduce a broader employee share plan
  • Further develop and drive talent management to ensure a strong bench and seamless successions
  • Build out diversity in leadership to reflect the diversity in our markets, customers and consumers