Holding(s) in Company

Mondi plc

(Incorporated in England and Wales)

(Registered number: 6209386)

LEI: 213800LOZA69QFDC9N34

LSE share code: MNDI  ISIN: GB00B1CRLC47

JSE share code: MNP

2 March 2022

Notification of Major Interests in Shares

1. Issuer Details:

ISIN: GB00B1CRLC47

Issuer Name: Mondi plc

UK or Non-UK Issuer: UK

2.  Reason for notification:

An acquisition or disposal of voting rights

3.  Details of person subject to the notification obligation:

Name: Aggregate of abrdn plc affiliated investment management entities with delegated voting rights on behalf of multiple managed portfolios

City of registered office: Edinburgh

Country of registered office: United Kingdom

4.  Details of the shareholder:

Full name of shareholder(s) if different from the persons(s) subject to the notification obligation, above: N/A

City of registered office: N/A

Country of registered office: N/A

5.  Date on which the threshold was crossed or reached:

1 March 2022

6.  Date on which Issuer notified:

2 March 2022

7.  Total positions of person(s) subject to the notification obligation:

	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached	5.015755	0.000000	5.015755	24,354,186
Position of previous notification (if applicable)	Below 5%	0.000000	Below 5%	N/A

8.  Notified details of the resulting situation on the date which the threshold was crossed or reached:

A:  Voting rights attached to shares

Class/type of shares ISIN code (if possible)	No. of voting rights		% of voting rights
	Direct (DTR5.1)	Indirect (DTR5.2.1)	Direct (DTR5.1)	Indirect (DTR5.2.1)
GB00B1CRLC47		24,354,186		5.015755
Subtotal 8.A	24,354,186		5.015755

B1:  Financial Instruments according to (DTR5.3.1.1 (a))

Type of financial instrument	Expiration date	Exercise/ Conversion Period	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
N/A	N/A	N/A	N/A	N/A
		Subtotal 8.B 1

B2:  Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument	Expiration date	Exercise/ Conversion Period	Physical or cash settlement	Number of voting rights	% of voting rights
N/A	N/A	N/A	N/A	N/A	N/A
			Subtotal 8.B 2

9.  Information in relation to the person subject to the notification obligation:

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person	Name of controlled undertaking	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
abrdn plc
abrdn plc	Aberdeen Asset Management PLC
abrdn plc	Aberdeen Asset Managers Limited
abrdn plc
abrdn plc	abrdn Investments (Holdings) Limited
abrdn plc	Ignis Asset Management Limited
abrdn plc	Ignis Investment Services Limited
abrdn plc
abrdn plc	abrdn Investments (Holdings) Limited
abrdn plc	abrdn Investment Management Limited
abrdn plc
abrdn plc	Aberdeen Asset Management PLC
abrdn plc	Aberdeen Asset Investment Group Limited
abrdn plc	Aberdeen Asset Investments Limited
abrdn plc
abrdn plc	Aberdeen Asset Management PLC
abrdn plc	abrdn Inc.
abrdn plc
abrdn plc	abrdn Investments (Holdings) Limited
abrdn plc	abrdn Capital Limited

10.  In case of proxy voting:

Name of the proxy holder: N/A

The number and % of voting rights held: N/A

The date until which the voting rights will be held: N/A

11.  Additional information:

In reference to Section 9, the shares detailed are managed by the named discretionary investment management entity within multiple portfolios on behalf of underlying clients, based on investment management agreements where-by the client has delegated the exercise of the voting power to the referenced investment manager.

12.  Date of completion:

 2 March 2022

13.  Place of completion:

Belfast, United Kingdom

Sponsor in South Africa: Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities