Director/PDMR Shareholding

Mondi plc

(Incorporated in England and Wales)

(Registered number: 6209386)

LEI: 213800LOZA69QFDC9N34

LSE share code: MNDI  ISIN: GB00B1CRLC47

JSE share code: MNP

11 August 2020

EMPLOYEE SHARE PLANS

TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH

We advise that on 7 August 2020, a transaction took place in relation to the Mondi Share Incentive Plan (“SIP”) on behalf of a director of Mondi plc.

The SIP is an all-employee trust arrangement approved by UK HM Revenue and Customs under which UK employees are able to buy Ordinary shares in Mondi plc (“Mondi Shares”) using monthly deductions from salary and to receive allocations of free matching Mondi Shares (“Matching Shares”).

There follows a notification form for a director of Mondi plc. The price given for the nil consideration Matching Shares reflects the market value on the day of purchase.

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

1	Details of the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Andrew King
2	Reason for the notification
a)	Position/status	Group CEO
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	Acquisition of partnership and free matching shares via Share Incentive Plan. Half of the shares acquired were acquired for nil consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) £14.825 20
d)	Aggregated information - Aggregated volume - Price	20 £14.825
e)	Date of transaction	2020-08-07
f)	Place of the transaction	London Stock Exchange XLON