Smith (DS) Regulatory News (SMDS)

20 January 2022

DS Smith Plc

Investor Seminar - Sustainability accelerating growth

DS Smith will today be hosting a seminar for financial analysts and investors, starting at 3.00pm (UK).

The virtual event will be introduced by Miles Roberts, CEO of DS Smith, and comprise presentations from a number of the management team including our Heads of Design and Sustainability.

The presentation will cover our views on "Sustainability accelerating growth", together with a deeper dive into the evolving trends in sustainable packaging and plastic replacement. We will also focus on our leading and differentiated customer offering, which positions us well to benefit from these trends.

Reinforcing the importance we place on sustainability, DS Smith is also today announcing its commitment to align its global operations to a 1.5°C scenario as set out in the Paris Climate Agreement and aligned with the Science Based Target Initiative as well as to net zero CO2 emissions by 2050. To achieve this, DS Smith is committing to reducing its Scope 1, 2 and 3 Green House Gas (GHG) emissions by 46% on an absolute basis by 2030, compared to 2019 levels. Further details can be found at: https://www.dssmith.com/media/newsroom/2022/1/ds-smith-accelerates-carbon-reduction-plans-with-1.5c-temperature-alignment-commitment

Since DS Smith issued its half year results on 9 December 2021, Group performance has remained in line with our expectations of delivering a significant improvement in profitability during the second half of this year and towards our medium-term targets.

The event will be via live webcast, with the link for registering available at: https://www.dssmith.com/investors/results-and-presentations/2022/ds-smith-investor-seminar-sustainability-accelerating-growth. The webcast will also be available for replay. The slide deck will be made available on our website at the start of the event.

Enquiries:

DS Smith Plc

Investors +44 (0)20 7756 1800

Hugo Fisher, Group Investor Relations Director

Anjali Kotak, Investor Relations Director

Media

Greg Dawson, Group Corporate Affairs Director

Brunswick +44 (0)20 7404 5959

Simon Sporborg, Dan Roberts

About DS Smith

DS Smith is a leading provider of sustainable paper-based packaging worldwide which is supported by recycling and papermaking operations. It play a central role in the value chain across sectors including e-commerce, fast moving consumer goods and industrials. Through its purpose of 'Redefining Packaging for a Changing World' and its Now and Next sustainability strategy, DS Smith is committed to leading the transition to the circular economy, while delivering more circular solutions for its customers and wider society - replacing problem plastics, taking carbon out of supply chains and providing innovative recycling solutions. Its bespoke box-to-box in 14 days model, design capabilities and innovation strategy sits at the heart of this response. DS Smith operates in 34 countries employing around 30,000 people and is a Strategic Partner of the Ellen MacArthur Foundation.