Berry Global and Glatfelter Announce Date of the Glatfelter Shareholder Meeting in Connection with the Proposed Merger of Berry’s Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter

Berry Global Group, Inc. (NYSE:BERY) and Glatfelter Corporation (NYSE:GLT) announced today the date of the special meeting of the Glatfelter shareholders to seek approval of, among other matters, the issuance of additional shares of Glatfelter common stock as well an amendment to the Glatfelter charter to increase the number of authorized shares of Glatfelter common stock and to effect a reverse stock split of the common shares of Glatfelter. Approval of these matters by the Glatfelter shareholders will be a significant milestone in the proposed merger of Berry’s Health, Hygiene and Specialties Global Nonwovens and Films business with Glatfelter in a Reverse Morris Trust transaction. As previously disclosed, upon closing of the transaction, the combined company will be renamed Magnera Corporation.

The special meeting of the Glatfelter shareholders will be held online on October 23, 2024 at 8:00 AM Eastern Daylight Time via live audio webcast at www.virtualshareholdermeeting.com/GLT2024SM.

The Glatfelter shareholders of record as of the close of business on September 3, 2024 are entitled to vote at the special meeting and will receive the proxy statement/prospectus, which will be mailed to shareholders beginning on or about September 20, 2024. The proxy statement/prospectus contains important information about the proposed transaction and the matters to be considered at the special meeting. The proxy statement/prospectus is available on the SEC’s website at https://www.sec.gov/Archives/edgar/data/41719/000110465924101145/tm241 ....

Glatfelter’s board of directors unanimously recommend that the Glatfelter shareholders vote “FOR” all the matters to be considered at the special meeting. For the transaction to close, the Glatfelter shareholders must approve the share issuance and the charter amendment proposals.

Cautionary Statement Concerning Forward-Looking Statements

Statements in this release that are not historical, including statements relating to the expected timing, completion and effects of the proposed transaction between Berry Global Group, Inc., a Delaware corporation (“Berry”), and Glatfelter Corporation, a Pennsylvania corporation (“Glatfelter” or the “Company”), are considered “forward-looking” within the meaning of the federal securities laws and are presented pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements because they contain words such as “believes,” “expects,” “may,” “will,” “should,” “would,” “could,” “seeks,” “approximately,” “intends,” “plans,” “estimates,” “projects,” “outlook,” “anticipates” or “looking forward,” or similar expressions that relate to strategy, plans, intentions, or expectations. All statements relating to estimates and statements about the expected timing and structure of the proposed transaction, the ability of the parties to complete the proposed transaction, benefits of the transaction, including future financial and operating results, executive and Board transition considerations, the combined company’s plans, objectives, expectations and intentions, and other statements that are not historical facts are forward-looking statements. In addition, senior management of Berry and Glatfelter, from time to time may make forward-looking public statements concerning expected future operations and performance and other developments.