Director/PDMR Shareholding

Mondi plc

(Incorporated in England and Wales)

(Registered number: 6209386)

LEI: 213800LOZA69QFDC9N34

LSE share code: MNDI

JSE share code: MNP ISIN: GB00B1CRLC47

2 August 2019

TRANSACTION IN MONDI plc ORDINARY SHARES OF €0.20 EACH

On 2 August 2019, a conditional award of shares took place under the Mondi plc Long Term Incentive Plan (LTIP).

Mondi plc Long Term Incentive Plan

Date of transaction	2 August 2019
Class of share	Ordinary
Option price	Nil cost award
Vesting date	After the announcement of the final results for 2021 in early 2022
Performance conditions	One half TSR and one half ROCE each measured over the 3 financial years ending 31 December 2021.
Additional Information	The LTIP award is based on a percentage of the Executive’s salary as approved by the Mondi Remuneration Committee.

There follows a notification form for a PDMR of Mondi plc.

Sponsor in South Africa: UBS South Africa (Pty) Ltd

1	Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person
a)	Name	Alessandro Dazza
2	Reason for the notification
a)	Position/status	CEO Fibre Packaging / Converting
b)	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mondi plc
b)	LEI	213800LOZA69QFDC9N34
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of €0.20 each GB00B1CRLC47
b)	Nature of the transaction	Conditional grant of shares under the Mondi plc Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £17.73 11,634
d)	Aggregated information - Aggregated volume - Price	11,634 £17.73
e)	Date of transaction	2019-08-02
f)	Place of the transaction	Outside trading venue – off market