2022 Corporate Social Responsibility Report

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CORPORATE SOCIAL RESPONSIBILITY REPORT


CORPORATE SOCIAL RESPONSIBILITY REPORT

OUR COMPANIES: Menasha Packaging | ORBIS Corporation


PROFILE

ECONOMIC VALUE

ENVIRONMENTAL STEWARDSHIP

SOCIAL RESPONSIBILITY

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TABLE OF CONTENTS ECONOMIC VALUE

PROFILE

ENVIRONMENTAL STEWARDSHIP

Letter from CEO

2

Executive Leadership

11

We Are Honored (Awards)

4

Board of Directors

11

Company Overview

5

Governance

11

SOCIAL RESPONSIBILITY

Supporting a Circular Economy

16

Emissions

17

Energy

18

Mission, Vision, Values

5

Economic Performance

12

About Menasha Corporation

5

Economic Growth

13

Waste

19

Our Companies

6

Supply Chain

15

Recycling

19

Our Culture

8

Ethics and Business Conduct

15

Water

20

About This Report

8

Risk Management

15

Sustainable Products

21

Materiality

8

Product Responsibility

15

Transportation

21

Goals and Progress

9

Our Response to COVID-19

10 o

L to R: ORBIS’ award-nominated Odyssey® pallet is designed for heavy loads of 2,800+ lbs.; ORBIS attends several trade shows a year and communicates its role in driving a circular economy; safe business practices were elevated at all Menasha Corporation locations during the pandemic; Menasha Packaging assembles and packs Abbott’s BinaxNOW tests.

Governance

Safety

22

Stakeholder Engagement

23

Employee Compensation and Benefits

24

Employee Engagement and Development

24

Training and Education

25

Leadership Development

26

Health and Wellness

27

Diversity and Human Rights

28

Menasha Corporation Foundation

29

Volunteerism

30

Associations

31

Certifications

31

Index

32


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PROFILE

ECONOMIC VALUE

ENVIRONMENTAL STEWARDSHIP

SOCIAL RESPONSIBILITY

From Our CEO At Menasha Corporation, our tagline, The power behind possible®, has never taken on more meaning than during the last few years. Our company, and each of us individually, have navigated through unique challenges over the course of a global pandemic and the resiliency our nation, company and employees have shown is nothing short of extraordinary, demonstrating the power behind what is truly possible.

Living The power behind possible® Like many companies, Menasha Corporation was challenged in new ways over the last two and a half years because of the COVID-19 pandemic. For many of our customers, their needs changed quickly. In response, we tapped into our vast network, showing them our ability to scale with their needs, while simultaneously ensuring our people were safe with increased protocols to protect their health and wellbeing. I am especially proud of the everyday perseverance and commitment of our people. And I am inspired by the dedication of our customers and suppliers in their work to meet new realities. We all worked together and accomplished much in our fast-paced and evolving industries.


PROFILE

Focusing on the power of sustainability Today, as industries and customer needs continue to change, Menasha Corporation continues to focus on smart, sustainable progress concerning our company, the environment, and our people.

Providing economic value As a 173-year-old company, being economically sustainable is in our roots. Our agility is powered by our ability to prepare for the long term. As leaders in our industries, we challenge ourselves to think ahead. Expanding our capabilities and geographies began before the pandemic and contributed to our ability to shift and meet new customer needs during COVID-19. Our long-term approach was clearly evident this past year when we developed new products and continued to expand our capabilities. From an operations standpoint, we made growth investments into equipment and facilities. And on the organizational development front, we launched programs to enhance our diversity and inclusion efforts, as well as took steps to ensure employee learning and development actions stay at the forefront (p. 28).

Ensuring environmental stewardship Protecting the environment for future generations has been important for decades at our company. In 2010, we established a 10-year environmental commitment aimed at reducing energy, water, and waste. During that time, we surpassed our water reduction goal twice and made notable accomplishments in energy and waste reduction, even while undergoing significant growth by more than doubling the size of the company.

ECONOMIC VALUE

Our focus now is to build on that progress with our new, “30-by-30” commitment to further reduce waste, water, and emissions by 10% each by 2030. We are up for the challenge, but just as important as our reduction goals is our involvement and progress around supporting a circular economy (p. 16). The way we design our products, the materials we use and how we manufacture products all contribute to being environmentally responsible. It’s a role we don’t take lightly, and we are proud to proactively work with our customers and suppliers to make a difference and meet sustainability goals.

Putting people first We would not be able to thrive, grow, and serve customers without the dedication and insight of our people. Part of our commitment as a socially responsible company is ensuring our employees are safe and feel included, have opportunities for growth, and are rewarded for their work (p. 25). Our employee programs always evolve to stay relevant and engaging in a world where new needs shape our workforce and our work environment. We are proud of both the strength of our existing programs and the development of new initiatives outlined in the pages of this report. Our company impacts the people in the communities where we operate, too. Thriving communities rely on people and companies to step up to contribute. Employees who volunteer in support of causes outside of work keep our communities moving forward, and I am especially grateful for the many Menasha Corporation employees who are involved in community betterment, no matter the level of involvement.

ENVIRONMENTAL STEWARDSHIP

SOCIAL RESPONSIBILITY

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Menasha Corporation Foundation also plays a significant role in our company’s philanthropic efforts. Our Foundation is funded through an annual contribution from Menasha Corporation. In 2021, Menasha Corporation Foundation donated more than $2 million to help people, causes, and our communities (p. 29). As a socially responsibleorganization, our Foundation manages its financial reserves wisely so that regardless of the company’s contribution, our Foundation remains financially able to continue supporting the needs in our communities at expected levels. I am proud of this effort, just as I am proud of our employees’ community volunteerism. Our community activism and our financial giving impact many worthy organizations where we live and work. Thank you for taking some time to look at who we are and what we do. My hope is that through this report, you will gain a better understanding of how Menasha Corporation operates, makes progress, and proves there is power behind possible.

James M. Kotek President and Chief Executive Officer Menasha Corporation

“Part of our commitment as a socially responsible company is ensuring our employees are safe and feel included, have opportunities for growth, and are rewarded for their work.”


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ECONOMIC VALUE

ENVIRONMENTAL STEWARDSHIP

We Are Honored 2021 U.S. Best Managed Companies, Deloitte and Wall Street Journal – Menasha Corporation

2021 Green Supply Chain Award, Supply & Demand Chain Executive – ORBIS

2021 Supply and Demand Chain Executive, Top Supply Chain Project Award ORBIS

2021 and 2022 Wisconsin75 Wisconsin’s top private companies – Menasha Corporation

2021 Food Logistics Top Green Provider – ORBIS

2021 Unilever Social Impact Award and 2022 Unilever Supplier Excellence Award Menasha Packaging Company

SOCIAL RESPONSIBILITY

2021-2022 AWARDS

We are proud and honored to be recognized by our customers and in our industries. These awards and recognition demonstrate our commitment to operating responsibly, focusing on customers and employees, and creating value.

2021 OMA Awards: 13 Gold, Silver, Bronze, and Budget Awards – Menasha Packaging Company

2021 and 2022 Toyota Packaging Supplier of the Year – ORBIS

2021 and 2022 Inbound Logistics G75 Green Supply Chain Partner – ORBIS

2021 Outstanding Emerging Leaders Award – United Way Fox Cities Campaign – Menasha Corporation

2021 Business of the Year; Large Employer Manufacturing, Fox Cities Chamber – Menasha Corporation

2021 HD Hudson Supplier of the Year – Menasha Packaging Company

2021 Excellence Award for Achievement in Sustainability and Innovation – Menasha Packaging Company The Paperboard Packaging Council

2021 General Motors Supplier of the Year – ORBIS

2021 General Mills Partner of the Year – Menasha Packaging Company Strategic Partnership and Executional Excellence

2021 Readers’ Choice Product of the Year, Containers, Totes & Bins Category – ORBIS Material Handling Product News and Material Handling’s 247

2021 Hormel Spirit of Excellence Award – Menasha Packaging Company

2021 John Deere Partner Level Supplier of the Year – ORBIS

2021 and 2022 The Milwaukee Journal Sentinel’s Top Workplaces – ORBIS


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Company Overview OUR MISSION We help our customers protect, move and promote their products better than anyone else.

OUR VISION Menasha Corporation is the essential partner and the first choice for our customers’ packaging and promotional requirements. • Our businesses collaborate to offer customers unbiased paper and plastic packaging solutions that deliver compelling value. • Our employees thoroughly understand our customers’ businesses and develop innovative offerings that anticipate their needs. • Our people, products, and services make a positive difference for our customers and in the communities where we live and work by respecting and protecting the environment.

ABOUT MENASHA CORPORATION Headquartered in Neenah, Wis., Menasha Corporation is a leading corrugated and plastic packaging manufacturer, contract services resource, and supply chain solutions provider. Menasha Corporation has two primary operating companies: Menasha Packaging Company and ORBIS Corporation. Together, our companies manufacture products and provide services that are used by major food, beverage, consumer products, healthcare, pharmaceutical, industrial, and automotive companies.

NUMBER OF LOCATIONS

112

NUMBER OF EMPLOYEES

7,026 As of May 31, 2022

HEADQUARTERS

Neenah, WI

WISCONSIN and NORTHERN ILLINOIS

FOUNDED

1849 CANADA

• Our commitments to growth, operational excellence, and a diverse workforce enable us to attract and retain the best employees. • Menasha Corporation provides superior returns, resulting in a meaningful investment for current and future generations of shareholders. • We are a family-owned company that embraces the core values that have been our foundation since 1849.

OUR VALUES Meet our commitments Excellence in servicing our customers Neighborhood involvement and improvement Ability to see and embrace change to continually improve Sincerity, candor, and teamwork in everything we do Honesty, integrity, and respect at the highest level Accountability to customers, each other, suppliers, & shareholders

OHIO

KEY

Menasha Corporation ORBIS Corporation Menasha Packaging

1

Headquarters Design center/sales office 3 Manufacturing 4 Service/fulfillment center 2

NEW YORK, PENNSYLVANIA and NEW JERSEY


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PROFILE

ECONOMIC VALUE

ENVIRONMENTAL STEWARDSHIP

OUR COMPANIES

packaging displays merchandising fulfillment omnichannel supply chain

Headquarters: Neenah, WI Number of Locations: 63 Number of Employees: 3,740 www.menasha.com Business: The nation’s largest independent, retailfocused packaging and merchandising solutions provider with a network of design centers, manufacturing plants, contract packaging, and fulfillment service centers. Menasha Packaging designs, prints, and produces high-end graphic packaging displays and merchandising products for in-store and online. It works with the world’s leading retailers and consumer packaged goods companies to deliver the greatest measurable value across the entire integrated omnichannel supply chain. Major Markets Served: food, personal care, household products, confections, healthcare/selfcare

SOCIAL RESPONSIBILITY


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reusable plastic containers totes and pallets dunnage carts and racks supply chain management

Headquarters: Oconomowoc, WI Number of Locations: 48 Number of Employees: 3,152 www.orbiscorporation.com Business: ORBIS optimizes today’s supply chains with reusable packaging products and packaging management services. As the North American reusable packaging leader, ORBIS helps world-class companies move their product faster, safer, and more cost-effectively with reusable totes, pallets, containers, protective interiors, carts and racks. Major Markets Served: food, beverage, retail, consumer products, pharmaceuticals, heavy equipment, automotive, agriculture


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Our Culture

OUR KEY STAKEHOLDERS Customers Employees Suppliers Communities Shareholders

THE POWER BEHIND POSSIBLE® We encourage a company culture that empowers our people to be innovative and embrace change. We support efforts to strengthen connections within our company and with customers and communities. Our Power Behind Possible Compass represents our culture and the key drivers behind Menasha Corporation’s success and how we set direction as a company.

OUR VALUES, VISION AND MISSION Provide the clarity of direction and guidance for how we operate Menasha Corporation.

The Compass provides a visual guide for the following:

. Our Values, Vision and Mission as our foundation . Three color-coded areas of cultural alignment important to our success

. Our key stakeholders who benefit from our efforts PEOPLE FIRST

We develop and sustain strong employee engagement through a balanced focus on people, work, organization, opportunity, and rewards.

INNOVATION & CHANGE

We deliver significant stakeholder value by embracing continuous improvement, technology and diversity of thought. We are easy to work with and take calculated risks, allowing us to anticipate, change, and lead.

SOCIAL RESPONSIBILITY

Responsible business practices are embedded in our business strategies, processes, corporate governance, customer solutions, supplier relationships, employee engagement, and community involvement.

About This Report Menasha Corporation’s approach to social responsibility includes empowering our people to innovate and engage in activities that positively impact and strengthen our economic, environmental, and social commitments to operating responsibly. Each year we report on progress toward our economic, environmental, and social goals in our annual Corporate Social Responsibility Report. This 18-month report provides data and information on activities and progress from calendar year 2021and the first half of 2022.

MATERIALITY Menasha Corporation is not a formally registered member of the Global Reporting Initiative (GRI), however the material presented in this report aligns with similar disclosures set forth in the GRI Standards and serve as the foundation of the three sections of our Corporate Social Responsibility Report. We evaluated more than 150 potential internal and external indicators on their relative impact and importance to our company and stakeholders. Our material indicators are shown on page 32.


PROFILE

ECONOMIC VALUE

ENVIRONMENTAL STEWARDSHIP

CO²

Recyclable Products

Reducing waste by providing recyclable products positively impacts a circular economy. Status: 100% of the core raw materials used in our manufacturing operations today are recyclable.

Waste

Recycling and process improvements intended to reduce waste have driven down our companywide pounds of waste per production by 9% over the last 10 years. CO Goal: We commit to reducing landfill waste per ton of production by ²an additional 10% by 2030 (2020 baseline). Status: From 2020 to 2021, we have reduced landfill waste per ton of production by 5.83%.

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We have worked closely with suppliers throughout the pandemic to ensure safety precautions were met and material supply was maintained, resulting in no major production disruptions. We will continue our supplier safety efforts, which include quarterly business reviews. We value a diverse supply base and recognize the contributions of new processes and technologies that result from diversity. Goal: Commit to growing a diverse supply base at each of our companies with increased targets for 2022-2024. Status: Supply base commitments are ongoing as of May 31, 2022.

CO² Fiber Certification

CO Our² goal is to maintain certification to SFI® and/or FSC® standards for all

paper-based products. All Menasha Packaging manufacturing facilities are certified to SFI, and we are certified to produce fiber-based products to the forest sustainability standards of the Programme for the Endorsement of Forest Certification (PEFC), FSC® Chain of Custody, SFI® Chain of Custody, and SFI® Certified Sourcing.

Ethics and Business Conduct

Our success is based not only on the results we achieve, but how we achieve them. We are committed to honoring our company values and being accountable, honest, and trustworthy in all that we do. Goal: Every year our goal is 100% of employees will review our Code of Ethics and Business Conduct and affirm their compliance. Status: Goal achieved in 2021.

SOCIAL

CO²

Safety

GHG Emissions

We track our GHG Scope 1 (direct) and Scope 2 (indirect) emissions annually with a focused effort on reduction. Over the past 10 years, Menasha Corporation more than doubled in size, yet reduced our total GHG emissions by 3.51%. Goal: Reduce total GHG emissions 10% per ton of production by 2030 (2020 baseline). Status: From 2020 to 2021, we have reduced our total GHG emissions 3.16% per ton of production.

Water Use

CO²

From 2010 to 2021, we reduced our use of gallons of water per production ton nearly 90%, surpassing our water use reduction goal of 20%. Through conservation and reuse, we continue to strive for additional reductions. Goal: Reduce our gallons of water used per production ton by 10% by 2030 (2020 baseline). Status: From 2020 to 2021, our gallons of water used per production ton increased by 1.19%.

CO²

Supplier Safety and Diversity

Recycled Raw Material

Driven by sustainable product innovations, we proactively play our part in supporting a circular economy by increasing the manufacture of products made with recycled raw material without compromising product performance. Since 2015, our companies, Menasha Packaging and ORBIS, have increased the use of recycled content. Goal: We commit to meeting the sustainability needs of customers by being intentional in the use of recycled raw material in order to repurpose waste that could otherwise end up in landfills. Status: In 2021-2022 we met our ongoing commitment to intentionally use recycled raw material in our products.

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Goals and Progress

CO²

ENVIRONMENTAL

SOCIAL RESPONSIBILITY

Our goal every year is zero workplace accidents and to maintain our safety record in the top 25% of the industries in which we operate. Our TRIR (Total Recordable Incident Rate) has continuously improved every year since 2010. Goal: Zero workplace accidents. Uphold a stringent safety program that has contributed to company incident rates in the top quartile of the industries in which we operate. Status: In 2021, Menasha Corporation’s TRIR improved to 0.72 from the 2020 rate of 0.87; Menasha Packaging Company’s TRIR improved to .70 from the 2020 rate of .77, and ORBIS’ TRIR improved to .79 from the 2020 rate of 1.19. Both Menasha Packaging and ORBIS achieved 2021 TRIR below industry average.

CO²

Supply Chain Material Sourcing

We are implementing new technologies in all of our Menasha Packaging facilities by updating to the newest Enterprise Resource Planning (ERP) system. The new system will streamline supplier management and data.² In addition, our ORBIS company is installing a new transportation management system in 2022. Goal: Complete the update of our ERP system in all Menasha Packaging facilities in 2022. Status: The update of our ERP systems is on track as of May 31, 2022.

CO

Employee Engagement

Our biennial Employee Engagement Survey provides feedback that is used to improve employee involvement, growth, and innovation in company activities. In early 2022, we achieved 79% employee participation in the survey. Goal: Use the 2022 Employee Engagement Survey results to finalize improvements and goals by mid-year 2022. Status: Improvements and goal-setting based on 2022 Employee Engagement Survey results are on track as of May 31, 2022.

Philanthropy

CO²

Since our founding, Menasha Corporation has invested in community needs and programs to help ensure the health and welfare of citizens. Each year Menasha Corporation Foundation provides grants to nonprofit organizations across North America. Goal: Continue Menasha Corporation’s legacy of giving back through monetary donations and reporting annually on the contributions. Status: Goal accomplished in 2021 with over $2 million in grants provided by Menasha Corporation Foundation.

CO²


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Our Response to COVID-19

Menasha Packaging Company - Neenah Plant, Neenah, Wisconsin

Our People First philosophy is at the core of our business and became our foundation to guide our actions when the pandemic began in 2020. Our commitment to supporting the health, safety, and wellbeing of our employees, customers, communities, and all stakeholders was prioritized as we remained operating as an essential supplier during COVID-19. We implemented wide-ranging safety protocols, conducted daily monitoring and tracking of cases in our facilities and communities where we operate, and we adhered to the Centers for Disease Control and Prevention (CDC) guidelines. We recognized the vital role our Menasha Corporation Executive Leadership Team businesses played in the nation’s food, pharmaceutical, household,

personal care, automotive, and industrial supply chains. Our company remained open, providing valuable products, services, and solutions to our customers. Throughout the pandemic and continuing today, our employees are involved in organizations in the community that provide relief for pandemic-induced needs. And Menasha Corporation Foundation increased its donations, providing over $2 million in grants in 2021. Today, our efforts and actions continue to prioritize people, safety, and innovation as our customers move forward with new and evolving objectives.


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ECONOMIC VALUE

Executive Leadership

Board of Directors

Our executive leaders carry the ultimate responsibility for ensuring that our company provides the guidance, resources, and tools needed to support employees and deliver meaningful value to stakeholders. With principled acumen in business matters, our Executive Leadership team takes ownership in the long-term health and responsible operation of our Corporation.

Menasha Corporation’s Board of Directors oversees the business and affairs of the Corporation. The Board operates in accordance with a governance framework established by all applicable laws, the Corporation’s Articles of Incorporation and Bylaws, and other corporate governance policies that are benchmarked against public company best practices.

Our Executive Leadership team, shown in the photo below, is comprised of, from left to right, Thomas M. Rettler, Senior Vice President and Chief Financial Officer; Denise S. Starcher, Vice President and Chief Human Resources Officer; Mark P. Fogarty, Vice President, General Counsel and Corporate Secretary; James M. Kotek, President and Chief Executive Officer; Michael D. Riegsecker, President, Menasha Packaging Company; William F. Ash, President, ORBIS Corporation.

The Board is comprised of 10 directors including the nonexecutive Chair, who is a fifth-generation descendant of founder Elisha D. Smith; the Corporation’s Chief Executive Officer, three other Smith Family directors; and five outside non-family directors. The Board meets at least four times per year and schedules regular monthly update calls. It has four standing committees: Audit; Compensation & Leadership; Governance & Nomination; and Shareholder Affairs. Each year the Board discusses and approves the strategic plans for the Company.

Governance In governance, we are anchored to our values while being guided by our vision. This ensures that effective controls are in place to empower accountability and uphold the commitments we have made to our stakeholders. We operate ethically and transparently at every level of the company to maintain the trust of customers, employees, suppliers, and shareholders. Our Corporate Code of Ethics and Business Conduct is a guide and reference point for day-to-day business decisions and activities made on behalf of Menasha Corporation.


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Economic Performance Menasha Corporation identifies and responds to societal trends and customer needs. This ensures our paper and plastic packaging solutions continually evolve and deliver compelling value. Our economic performance is driven by operating responsibly while serving customers. Factors that contribute to financial performance* include: • The insight to anticipate, innovate, and support the changing needs of our customers • The ability to responsibly mange the social, economic, and environmental challenges of accelerated growth • The ability to invest in and engage employees • The stability and sustained strength to serve as a trusted business and community partner

Anticipating and supporting societal trends ensures our businesses provide compelling value. Changing consumer demographics and preferences led grocers and retailers to fulfill online orders from physical stores for easy curbside pick-up. Our ORBIS subsidiary develops in-store fulfillment tote/cart systems that help grocers quickly and accurately fulfill orders.

*As a privately-held company, we do not disclose detailed financial information.

Curbside delivery is streamlined with ORBIS’ Pally®, which features a proprietary design of a static pallet that converts to a mobile pallet.


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Economic Growth In 2021-2022, Menasha Corporation continued to navigate the impacts of the COVID-19 pandemic on our employees, our business, and our customers. We met new customer needs that required innovative solutions driven by the pandemic, and we provided the efficiencies and fast turnaround our customers needed for products and services. As a privately held company, we are able to meet new, short-term demands while maintaining a long-term approach to meeting our objectives. Throughout the past year, we continued to invest in equipment, technologies, and facilities. We expanded product lines and capabilities at many sites. Our growth objectives were supported with activities that include: • Two new injection molding presses at our ORBIS business • Automation capabilities at both businesses. An auto stapler and automated fulfillment lines at two Menasha Packaging sites; and automated decorating and scanning functions at ORBIS sites • Robotic palletizer at a Menasha Packaging location • A cooling water system at an ORBIS site These investments and more ensure our facilities are operating with the highest efficiency and our services provide value for customers while maintaining economies of scale.

Investing in automatic stapling equipment at one of our plants reduced temporary labor costs by 33% and eliminated ergonomic challenges of using manual staple guns.

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Our Menasha Packaging Company opened a new site in Canada in 2022 to serve packing and fulfillment needs for customer Kraft Heinz. Menasha Packaging Company now has six locations in Canada that are fulfillment or converting operations and one “home office.” Our Menasha Packaging Company and our ORBIS Corporation provide packing, fulfillment, and supply chain services either onsite at a customer’s location or near a customer’s facility.


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Ethics and Business Conduct We are committed to the highest level of integrity and responsible behavior. Our values-based culture forms the foundation for our reputation, and trust in Menasha Corporation is fundamental to our mission. All employees are held accountable for conducting business in an ethical manner. We emphasize our conduct programs and expectation with new employees and as we acquire or expand businesses and locations. Our Code of Ethics and Business Conduct Guide is a central tool used companywide to communicate our ethical standards and expectations. Covering conduct from day-to-day actions to big-picture decisions, our guide features topics ranging from substance abuse to the handling of proprietary information. Employees are expected to exercise personal responsibility in upholding the standards of our Code, and they are required to annually certify that they have read and will follow its guidance.

REPORTING A CONCERN We also maintain a safe workplace grounded in ethical behavior with our 24-hour, toll-free “ethics” helpline for reporting an ethics or compliance concern.

Employees are required to review Our Code of Ethics and Business Conduct guide every year.

ORBIS’ Odyssey® is an award-nominated product designed for heavy loads and has unique features like optional steel reinforcements and molded-in frictional elements. The Odyssey pallet is used in applications and markets that include food processing, cold storage, dry goods, agriculture, pharmaceuticals, and raw materials.

Risk Management

Supply Chain

Menasha Corporation’s risk management approach is a key factor in corporate responsibility and extends beyond regulatory compliance to encompass all parts of our operations and culture. Our procedures and policies, internal programs, audits, certifications, best practices, and sound corporate governance are all addressed as part of managing risk. All employees are expected to understand our risk exposures and take the initiative to mitigate them, including risks associated with the day-to-day decisions that are specific to a particular job or facility. At a high level, we identify, evaluate, and monitor operational, financial, and business environment risks pertaining to people, products, locations, and general business. Our Board of Directors annually assesses our material risks and risk management processes. Senior management is accountable for proactively managing our high-level exposures.

Every Menasha Corporation supplier is a valued part of our work stream. Our goals to improve agility, increase competitive value, and reduce our environmental impacts demand a deep level of commitment from our suppliers, and we make a significant investment in developing suppliers and diligently monitoring their performance. Our suppliers are evaluated using metrics for contributing continuous improvements and providing reliable price, delivery, and service. We review supplier performance through periodic audits and reviews as well as analysis of regulations and best practices. Our suppliers are expected to follow our Code of Ethics and Business Conduct guide, and maintain our rigorous

qualifications and standards related to food safety certifications and sustainability-related elements.

Product Responsibility Our products and services have evolved over time, but our reputation for high performance and reliability is an asset that defines who we are. We focus on products and services that deliver new opportunities and differentiated value to our customers. Furthermore, we collaborate closely with our customers on the design, manufacture, and performance of our products and services and involve them in key decisions. As a result, many of our solutions are not only effective but also award-winning.


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ECONOMIC VALUE

ENVIRONMENTAL STEWARDSHIP

SOCIAL RESPONSIBILITY

ENVIRONMENTAL STEWARDSHIP

Supporting a Circular Economy Our environmental efforts are grounded in our long-standing commitment to operate responsibly by continuously improving how our processes and practices impact the environment. Our approach involves reducing our carbon footprint, water use and waste, and improving the recyclability and reusability of our materials and products. In addition to maintaining compliance in all aspects of operations, material use, and supply chain activities, we engage in circular economy concepts to improve the innovation of our designs, production methods, and service offerings.

One of ORBIS’ products, the OPTEBulk™ System, is a reusable pallet, top cap, and sleeve system that is stackable, collapsible, hygienic and lightweight resulting in environmental benefits that include more product per truckload and reduced freight costs.

ORBIS CORPORATION Our ORBIS company is an international leader in reusable packaging. Its reusable totes, pallets, containers, dunnage, carts, and racks replace single-use products and are used over and over during the course of their service life. At the end of their life, ORBIS’ reusable products can be recovered, recycled and reprocessed into new packaging products,

without entering the solid waste stream. ORBIS’ entire business model is based on offering a variety of packaging solutions that reduce a customer’s impact on the planet and includes primary packaging applications and supply chain solutions for markets that include e-commerce, automotive, and retail.


Growth

Research

Time Management

Vision

Competitive Analysis

Crowdfunding

Inspiring Change

Repair

Analytical Skill

Mission

Branding

Return Of Investment

Analytics

Online Statistics

Global Search

Personal Scheduler

Identity Card

Career Turnaround

Mission Accomplished

Product Development

Planning

Target

Success

Product Release

Statstics Calculator

Data Presentation

Innovation Index

Direction

Search For Investment

Search For Investment

Folder

Investment

Global Network

Solution

Communication Abilities

Team Work Cooperation

Willpower

Power Mode Activated

Optimistic Mood

Creative Thinking

Talent

Advantage

Leadership

Solution

Impression

Integration

Comment

Motivation

Startup

Energy Growth

Consultant

Message

Training Seminar

Personal Setting

Growth Trends

Workshop

Presentation

Potential

Abilities

Positive Interaction

Personal Statistics

Ability

Dilemma

Lecture

Manipulate

Mentorship

Initiator

The Research Process

Work Book

Data Visualization

Production

Filtration

Predictive Analytics

Implementation

Statistics

Knowledge Extraction

Solution Provider

. Zero Single-Use Plastic . 100% recyclable, paper-based material . Reduction in overall paper use . Greater package design optimization . Easy-open features

Carbon Emissions .275 .2225 .21875 .215 .21125 .2075

0.2172

MENASHA PACKAGING COMPANY Our Menasha Packaging Company designs packaging that is optimized to reduce material use and drive efficiencies throughout the entire supply chain without compromising a company’s brand. Company designers and engineers work closely with customers to understand needs and to develop effective, low-impact product solutions that include minimizing package sizes and creating environmentally friendly options.

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We are committed to climate protection by continuously working to reduce greenhouse gas (GHG) emissions. We track our emissions and measure our progress, and we report our data annually to the Carbon Disclosure Project (CDP), an independent nonprofit organization holding the world’s largest database of primary corporate climate change information. Our CDP reports are available to customers upon request. Emissions from our own operations fall into Scope 1 (direct emissions generated by production activities) and Scope 2 (indirect emissions from purchased electricity). Our GHG reduction efforts include reducing the amount of energy we consume through operational efficiency and technological advances. We evaluate energy consumption and sources of energy associated with projects, equipment, and expansions. From 2011 to 2021, we decreased total CO2 emissions per ton of production at our manufacturing facilities 3.5%. This reduction was accomplished while undergoing significant growth and more than doubling the size of the company during that time.

Prediction

Breaking Limits

SOCIAL RESPONSIBILITY

Emissions

BACK

Quality Control Checklist

Customer Retention

ENVIRONMENTAL STEWARDSHIP

Beyond Good, a maker of premium, single-origin chocolate, relied on Menasha Packaging’s ResponsiPak™ packaging to uphold Beyond Good’s commitment to operating responsibly and ethically by putting sustainability and humanity at the forefront of their efforts. This package design does not have any single-use plastics, and the corrugate is 100% recyclable. What’s more, packaging designs can be optimized to reduce cost and complexity while enhancing a brand experience. Beyond Good’s sustainable packaging includes a scannable barcode to allow consumers to see where Beyond Good’s chocolate comes from: individual farmers that practice regenerative farming and no labor exploitation. These Beyond Good packages are sold in club stores.

Metric Tons CO2e per Ton of Production

FRONT

ECONOMIC VALUE

0.35 0.30 0.25 0.20

0.0368

0.0398

0.0416

0.0433

0.0398

0.15

0.1729

0.1721

0.1703

0.1748

0.1714

0.2181

0.2112

0.10 0.05

TOTAL CO2e

0.2098

2017

0.2120

2018

0.2119

2019

2020

2021

Scope 1 Emissions (Natural Gas) Scope 2 Emissions (Purchased Electricity)

Waste 14.375 13.750 13.125 12.8125

per Ton of Production

PROFILE

15 12.5

10

14.32

14.73

13.72

14.01

13.19


18

|

PROFILE

ECONOMIC VALUE

ENVIRONMENTAL STEWARDSHIP

SOCIAL RESPONSIBILITY

Energy Conserving energy is a focus at all our facilities. We use data to understand and improve our energy use. Energy consumption is controlled with monitoring devices that provide detailed readings on peak energy usage. We use corresponding data to assess our progress in meeting our goals and to guide further improvements. We look for opportunities to invest in our current facilities with high efficiency lighting, ventilation, and air conditioning systems to help us save energy, reduce carbon emissions, and lower our energy bill. Our energy reduction initiatives, along with our culture of promoting eco-friendly choices, combine to make significant impacts in energy efficiency at our facilities.

UPGRADE USES

66% Less Energy Upgrading lighting to LED bulbs consumes less energy. Many Menasha Corporation facilities such as our Menasha Packaging’s PrePrint facility in Neenah, Wis., have replaced fluorescent fixtures with LED lighting. The LED bulbs contain zero mercury and automatically dim. The PrePrint plant uses 66% less energy in the areas where they installed the LED lighting.

3.2 million kWh SAVED ANNUALLY

ORBIS’ facility in Bardstown, Kentucky, installed a new water cooling system. The system uses high-efficiency chillers that provide a number of benefits, including saving 3.2 million kWh annually, requiring less downtime, lowering repairs and maintenance costs, reducing scrap rates, and assisting faster cycle times.


Metric To

0.10

PROFILE

0.05

TOTAL CO2e

0.2098

2017

0.2120

2018

0.2119

2019

ECONOMIC VALUE 0.2181

Our employees find innovative yet practical ways to reduce waste levels, and by working together, they make major inroads in limiting and diverting solid waste from landfills. From our 2013 baseline to 2021, we have reduced waste levels 8.5%.

Recycling Menasha Corporation continually looks for ways to recycle the materials we use, including using recycled materials in our products whenever possible. Our designers and engineers consider our customers’ needs around sustainability from product design through operational considerations that many times result in resource savings. Recycling is an important contributor in a circular economy. Many of our products are completely recyclable, and 100 % of the core raw materials used in our manufacturing operations today are recyclable.

15 12.5

10

14.32 lbs.

14.73 lbs.

13.72 lbs.

14.01 lbs.

13.19 lbs.

2017

2018

2019

2020

2021

5

0

Menasha Corporation’s total pounds of landfill waste per ton of production in 2021 decreased 7.89% from 2017.

1100

125

118.25

112.5 106.25

Gallons Used per Ton of Production

1000 900 800 700 600

NEW PROCESS Yields 50%

Less waste

400

200 100

ORBIS upgraded the production line in its Urbana, Ohio, plant for the production of its StakPak Plus™ reusable container. Replacing 2010 2011 2012 2013 2014 2015 2016 2017 2018the 2019 2020 old process with the new line Since 2010, the Company’s total water use per ton of production decreased nearly 90%. reduced waste by 50%. Numbers shown in the chart are rounded.

100%

Of the Core Raw Materials Used in Our Manufacturing Operations Today are Recyclable

Water Use (Million Gallons)

500

300

|

2021

Waste Pounds of Landfill Waste per Ton of Production

Our manufacturing plants drive out waste through a variety of approaches that include the Kaizen method of continuous incremental improvements; Value Stream Mapping to identify waste and reduce process cycle times; and Lean Transformation 14.375 13.750 techniques. These programs target specific material waste 13.125 reduction activities, maximize machine capabilities, improve 12.8125 plant layouts, optimize press-line efficiencies, and streamline tool changeover processes and shipping practices.

SOCIAL RESPONSIBILITY

0.2112

2020

Scope 1 Emissions (Natural Gas) Scope 2 Emissions (Purchased Electricity)

Waste

ENVIRONMENTAL STEWARDSHIP

2021

19


Pounds of Landfill Waste per

20

10

|

PROFILE

14.73 14.32 lbs. lbs. ECONOMIC VALUE

13.19 13.72 14.01 lbs. lbs. lbs. ENVIRONMENTAL STEWARDSHIP

SOCIAL RESPONSIBILITY

5

Water We manage our water use wisely and have met aggressive water reduction goals 0 in our processes. In 2010, we set a 10-year, 20% water reduction goal and surpassed 2017 2018 2019 2020 2021 the goal in three years. After establishing a new goal to further reduce water use Menasha Corporation’s total pounds of landfill waste per ton of production in decreased by 20% from 2014, we again surpassed our goal in 2017. Since 2010, we 2021 achieved 7.89% from 2017. nearly a 90% reduction in overall water use. Today, we continue our sustainable water reduction practices in our plants and offices.

1100

Water Use (Million Gallons)

Gallons Used per Ton of Production

1000 900 800 700 600 500

HOW IT WORKS

400 300 200 100 2010

2011

2012

2013

2014

2015

2016

2017 2018 2019 2020 2021

Plastic material that is at risk of being ocean pollution.

Qualified partners collect plastic waste from coastlines.

Qualified partners sort and reprocess into usable resin.

At the end of service life, packaging can be returned to ORBIS for recycling.

ORBIS uses recycled content in ORBIS solutions.

Pelletized resin shipped to ORBIS to use in manufacturing process.

Since 2010, the Company’s total water use per ton of production decreased nearly 90%. Numbers shown in the chart are rounded.

ORBIS’ Ocean in Mind program reclaims and reuses plastic material recovered near major waterways. The program helps to clean up coastline waste and stimulate local economies.


PROFILE

ECONOMIC VALUE

Sustainable Products

Transportation

In support of a circular economy and driven by sustainable product innovations, we proactively work to produce products that are made with renewable, reusable, or recyclable materials. Both Menasha Packaging and ORBIS use recycled raw material in products. Recycled raw material successfully repurposes waste that could otherwise end up in landfills. In addition, we have made great progress in implementing leaner business and manufacturing processes, and our stakeholders can be confident that our products are produced in an environmentally responsible way without compromising product performance.

We work to improve fuel efficiencies by minimizing the miles driven and leverage pack-out per truck. In addition, we align workflow, improve planning, and optimize capacity in our facilities to reduce our transportation impacts. Our operations are strategically located near major customers, industries, and markets.

ENVIRONMENTAL STEWARDSHIP

SOCIAL RESPONSIBILITY

We also improve transportation solutions for our customers, leveraging our logistics expertise to help them make the most efficient use of their own containers, including truckload containers that maximize cube space and minimize cost.

Return Load

84 assembled containers

VS

252 collapsible containers

Freight costs are reduced by eliminating wasted space on return truckloads. ORBIS’ heavy-duty BulkPak® containers are collapsible, allowing more containers to be packed for a return truckload… gaining up to 20% in shipping density. PlastiCorr® is a plastic, reusable corrugated box featuring a patented technology design that allows it to seamlessly drop into a customer’s existing automated packaging line. PlasticCorr decreases water consumption by 89%, cumulative energy by 74%, and solid waste by 61% compared to alternative material. Designed to travel 70 trips in the supply chain, PlasticCorr’s plastic edges provide cleanliness and resistance to water and moisture, making it an ideal solution for food, beverage, and consumer packaged goods.

89% Less Water Consumption 74% Less Cumulative Energy 61% Less Solid Waste

|

Recycling Saves 2 Million Trees Menasha Packaging’s partnership with Mid America Paper Recycling reclaimed more than 256 million lbs. of paper – a savings of 128,000 tons of carbon emissions, or the equivalent of more than 2 million trees.

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22

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PROFILE

ECONOMIC VALUE

ENVIRONMENTAL STEWARDSHIP .5

SOCIAL RESPONSIBILITY

SOCIAL RESPONSIBILITY

1.04

1.14

0.93

0.87

0.72

2018

2019

2020

2021

0 2017

Safety

TRIR per 100 Employees per Year. Chart displays results for entire corporation.

Safety has always been a top priority at Menasha Corporation. Every day our goal is zero accidents and safety incidents. In 2020, safety took on added urgency as we implemented rigorous countermeasures to protect our employees and customers and to help prevent the spread of the COVID-19 virus. Our robust safety measures during that time included enhanced cleaning and sanitation procedures, temperature monitoring, mask requirements, physical distancing rules, and limiting the number of people in a designated area. While pandemic-related protocols have loosened in varying degrees depending on geographic location and cases, we continue to closely monitor conditions where we have operations and we continue to abide by the Centers for Disease Control and Prevention (CDC) guidelines. Our employees are provided the tools, training, and resources needed to ensure their safety. We promote a culture that empowers safe behavior and we invest in practices that continuously improve and strengthen our protocols. Our Environmental Health and Safety (EHS) department monitors and tracks safety performance at our facilities using industrystandard OSHA metrics. Each facility has a safety team to ensure compliance with environmental and safety regulations.

Our Total Recordable Incident Rate (TRIR) is consistently well below the industry averages. Over the last five years, our total company TRIR decreased from 1.04 in 2017 to 0.72 in 2021. ORBIS Corporation TRIR Both Menasha Packaging and ORBIS achieved incident rates ORBIS Corporation Industry Average significantly below their respective industry averages, with Menasha Packaging’s TRIR at .70 in 2021 compared to a 5 2020 industry average of 2.2, and ORBIS’ TRIR at .79 in 2021 compared to its 2020 industry average of 3.6 (2021 industry 4 not available at time of publication.) averages 3

Menasha Corporation TRIR* *Total Recordable Incident Rate

1.5

1

2 1 0

Menasha Corporation TRIR*

.5 ORBIS developed an ergonomic process for the 2.65 production 3.8 2.24 3.8of its1.57 3.7 1.19 3.6 .79 GEN250 Seed Bin. Tables were created at an ergonomically correct height that allows the operator to push the product onto the conveyor versus lifting the product. This same 2017 2018 2019 2020 2021 production process installed a robotic cell to Industry average not available at time of publication. assemble and 2021 stack Seed Bins without human intervention, further ensuring safety during the production of this product.

1.04

Menasha Packaging

2017

0.87

0.72

2018

2019

2020

2021

TRIR per 100 Employees per Year. Chart displays results for entire corporation.

ORBIS Corporation TRIR

Industry Average

4

0.93

0

Menasha Packaging Company TRIR

*Total Recordable Incident Rate

1.14

ORBIS Corporation

Industry Average

5

1.5 4

3 1

3 2 2

.5

1

1.04

1.14

0.93

0.87

0.72

2017

2018

2019

2020

2021

0

0 TRIR per 100 Employees per Year. Chart displays results for entire corporation.

1 .58 2.0

.77 3.2

2017

2018

.68

2.5

.77 2.2

.70

2019

2020

2021

2021 Industry average not available at time of publication.

2.65 3.8

2.24 3.8

2017

2018

1.57 3.7

1.19 3.6

2019

2020

.79

0 2021

2021 Industry average not available at time of publication.


PROFILE

SAFETY TRAINING Both new and tenured employees receive mandatory training customized to each job function in our plants, and our office employees are required to complete online safety courses annually. Menasha Corporation also provides safety equipment to employees as required by their jobs. We engage in continuous coaching and hands-on training to improve process safety and expand employees’ understanding of a variety of safety topics.

ECONOMIC VALUE

ENVIRONMENTAL STEWARDSHIP

Stakeholder Engagement Active engagement with stakeholders is a cornerstone of operating our business responsibly. Our stakeholders include customers, suppliers, employees, shareholders, and local communities. We use a variety of methods to interact with our stakeholders, receive feedback, and address their expectations. Customer satisfaction surveys, Voice of Customer surveys, questionnaires, employee surveys, annual shareholder meetings, and quarterly board meetings are some of the channels used to communicate and engage with our stakeholders.

Informal employee meetings are held in our plants and offices, sometimes daily or weekly, to deliver updates on business activities, reminders around safety and health, notices of customer visits, and more.

Our employees are empowered to work toward the goal of zero safety incidents. One way they are involved is through our Safety Snags program. This employee-led reporting program provides a method to identify and report potentially unsafe situations. Employees report the “snags,” which are corrected and shared companywide as learning opportunities for all facilities. One Menasha Packaging Company facility conducts a Safety Snag award program to encourage employees to be on the lookout for safety hazards. As shown above, the winner and the runner-ups are recognized.

SOCIAL RESPONSIBILITY

|

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24

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PROFILE

ECONOMIC VALUE

ENVIRONMENTAL STEWARDSHIP

SOCIAL RESPONSIBILITY

Employee Engagement and Development Menasha Corporation offers dynamic and rewarding careers in a variety of fields with opportunities to grow and advance. Employees may explore jobs and navigate their careers with tools, resources, mentors, and training. By facilitating career mobility within and across our businesses, we develop and tap into our employees’ diverse skill sets, experiences, and perspectives that set the stage for successful professional development and growth for our company.

Communication Connects Employees and our Businesses

No-Cost Mental Health Care Provides Support Menasha Corporation offers employees and their family members access to a confidential and no-cost Employee Assistance Program (EAP) to address a wide array of concerns that impact health and wellbeing. The program includes various methods to access free counseling through visits conducted in-person, telephone, video, text or chat.

Employee Compensation and Benefits Fair, competitive compensation and benefits are among the most important requirements for gaining and retaining motivated employees. We provide compensation and benefits packages that support our employees’ long-term health and financial stability. We also offer nonfinancial incentives such as development programs, learning opportunities, involvement in supporting community causes, and volunteer work that our employees care about. Benefits full-time employees and their families value include: • Medical, dental, vision, and prescription drug coverage • Basic life, disability, and accident insurance • 401(k) plan • Healthcare Flexible Spending Account • Educational reimbursement • Matching donations • Wellness program and reimbursement policy

Seeking employee perspectives along with providing transparent company information is crucial to establishing trust and collaboration. We value the insight and experiences of employees and strive to let them know they make a difference and are valued.

• Communication screens and kiosks within our facilities • Company material including our Code of Ethics and Business Conduct guide, Corporate Social Responsibility Report, internal newsletters, employee survey results, and Menasha Corporation Foundation annual report • Bilingual communications • Companywide award programs designed to communicate and encourage successful contributions in support of our Vision and Mission.

Our methods of communication include a variety of methods such as: • Face-to-face and online meetings, update gatherings, and information-sharing material • Annual and pulse employee surveys • Quarterly and monthly company videos that share company strategy, industry position and financial performance • Onsite presentations • A company intranet • Social media

Our online employee recognition platform, The Loop, gives employees a fast and easy way to recognize colleagues for special achievements, doing a great job, or going above and beyond.

Our biennial employee engagement survey is provided to all 6,000+ employees. A third-party, Quantum, administers the survey and collects confidential results and comments. Leaders at all locations review results and develop commitment plans that address areas of concern.


PROFILE

Training and Education Our training and development programs are designed to encourage our 6,000+ employees to meet their personal goals while working with others to achieve our company objectives. We support continued education as a way our employees can foster growth and reach their full potential. Our educational and tuition reimbursement benefits assist with costs for courses in accredited educational institutions, including colleges and universities, and vocational or technical schools. Using a systematic training process, we incorporate core competencies, both in onboarding new employees and in achieving improvements among longtime employees. Employees receive specialized training as needed throughout their career to be prepared for rapid changes in our industries, markets, and customer needs.

INTERNSHIPS AND APPRENTICES We tap into the potential of students through our Internship Program and Apprenticeship Program. Student interns at our company gain experience in the fields of their study in our formalized Internship Program.

ECONOMIC VALUE

ENVIRONMENTAL STEWARDSHIP

SOCIAL RESPONSIBILITY

|

Our Apprenticeship Program allows high school students to spend part of the day working in a Menasha Corporation site while finishing their high school requirements. Menasha Corporation employees are trained to be skills coaches to mentor our apprentices. Our goal is to hire apprentices upon completion of the program. One of our Menasha Packaging Company facilities in Neenah, Wis., has provided space to be used as an Education Center for GPS Education, which is a work-based learning program that we participate in and sponsor. The Education Center serves as a classroom for local GPS students who are in the program. Company-supported tools and a systematic training process include: • Goal setting and continuous performance conversations • 360° assessments • Leadership training programs • Internship Program • Apprenticeship programs • College courses • Lunch & Learn sessions • External development opportunities funded by the company • Menasha Learning online portal with online development resources such as Mindtools® and Skillsoft® • Searchable employee profiles capturing capabilities add interests

Students who are a part of our Internship Program gain experience in the fields of their study and many times become employees of Menasha Corporation.

President’s Excellence and Living the Vision Award Programs Recognize Valued Contributions Recognition and rewards contribute to a company culture that encourages innovation and new solutions. The Living the Vision award is the highest company award given by Menasha Corporation’s CEO, Jim Kotek. George Breese, pictured, received a Living the Vision award in 2022 for his innovative solutions. More than 30 employees across the company received President’s Excellence or Living the Vision awards over that last year.

Menasha Packaging Company Provides Classroom Space Menasha Packaging partners with GPS Education Partners’ apprentice program, and provides space for the program’s classroom instruction component.

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26

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PROFILE

ECONOMIC VALUE

ENVIRONMENTAL STEWARDSHIP

SOCIAL RESPONSIBILITY

Leadership Development We prioritize and invest in developing employees’ skills and expertise to build their careers and ensure we have a strong pipeline of highly engaged leaders. Our long-term planning provides learning opportunities that are carefully structured to prepare employees for personal, interpersonal, team, and organizational skills. We continually refine learning and mentoring programs to foster a values-centered, high-performing organization.

Menasha Corporation’s Onboarding Program guides new employees through a year-long orientation process with clear markers and milestones.

Our companywide Mentoring Program is an annual, six-month program that matches mentor and mentees and provides support and development check-ins for those who want guidance in their careers.

Menasha Corporation improves organizational effectiveness through initiatives that impact multiple disciplines and furthers the company’s goal to put people first and provide an inclusive, equitable work environment.


PROFILE

Leadership DNA Program Inspires Trust

A six-month transformational leadership program teaches Menasha Corporation employees that great leadership is intentional. The Leadership DNA class highlights how to inspire trust, create a compelling vision and strategy, align core systems to execute strategy, and reach potential through coaching and feedback.

ECONOMIC VALUE

ENVIRONMENTAL STEWARDSHIP

Health and Wellness Living a healthy life is a cornerstone of employee wellness. We support employees in their daily efforts to be healthy by offering a companywide wellness program that reflects our commitment. The program challenges our employees to take personal responsibility in managing their health and wellness and includes tools to help them meet that challenge. One popular component of our wellness program is onsite health screenings, which employees can attend at their work location. If employees complete the screening or their annual physical as well as complete an online questionnaire, they are eligible to earn an incentive. Employees and spouses who are enrolled in a Menasha Corporation medical plan are eligible and can earn a deposit of $150 each into their HSA or HRA each year.

Development Classes Support Employees’ Personal Goals Menasha Corporation added Crucial Conversations to available courses offered to employees. The class teaches techniques and tips for handling crucial conversations when the stakes are high with strong emotions between two or more people.

Employees enrolled in a company medical plan have access to Teladoc®, a tele-medical health provider. Patients can talk with doctors through phone calls or video or mobile apps about a variety of health concerns.

SOCIAL RESPONSIBILITY

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28

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PROFILE

ECONOMIC VALUE

ENVIRONMENTAL STEWARDSHIP

Diversity and Human Rights A culture of inclusiveness requires that we are aware of and focused on the impact that we have on others, and that we see, embrace and value differences of all kinds. At Menasha Corporation, we know that when people are treated equitably, they feel free to contribute and are empowered to be creative and challenge norms. Our Equity, Inclusion, and Diversity initiative consists of actions and programs designed to influence inclusivity and support a diverse work environment. Our commitment to a culture that nurtures, encourages, and values differences and diversity include:

SOCIAL RESPONSIBILITY

Menasha Corporation’s Unconscious Bias course is a five-week session that focuses on learning how to identify biases and exploring ways to cultivate connections. Quarterly meetings with all who have taken the program are held to support learning sustainment.

• Signing the CEO Action for Diversity and Inclusion Pledge by our CEO, Jim Kotek • Publishing and promoting our Equity, Inclusion, and Diversity mission • Developing and sponsoring events that support cultural diversity • Forming an Equity, Inclusion, and Diversity committee • Offering diversity and inclusion courses and training, including an Unconscious Bias course and various articles and videos • Promoting career exploration opportunities for under-represented groups including girls and women in STEM fields and at-risk youth

Our employees lend their expertise and knowledge to a variety of organizations and events by serving on boards, being keynote speakers, and contributing to diversity awareness initiatives.

• Forming the company’s first Employee Resource Group (ERG) in 2021, a Women’s ERG, with additional ERGs underway • Establishing data tracking mechanisms to measure inclusion progress around key indicators such as age, gender, and race • Increasing awareness of our support for inclusion through internal and external communication methods

Women of Worth (WOW) is Menasha Corporation’s first Employee Resource Group (ERG). This employee-led group is comprised of individuals from across the entire company. WOW formed three committees focused on education, relationships/community, and mentoring. Our Equity, Inclusion, and Diversity mission is shared across the company and includes our company’s toll-free employee Ethics Helpline for reporting workplace concerns.


PROFILE

ECONOMIC VALUE

ENVIRONMENTAL STEWARDSHIP

Menasha Corporation Foundation

SOCIAL RESPONSIBILITY

|

$2+ million In GRANTS were given to more than 640 Nonprofit Organizations in 2021

Our belief in strong communities continues a tradition of social responsibility begun by our founder, Elisha D. Smith, in the late 1800s. Long before the term “corporate social responsibility” was coined, Menasha Corporation was known for sharing financial resources and talent to improve communities or support those in need. Elisha D. Smith’s legacy of giving back was formalized in 1953 with the establishment of the Menasha Corporation Foundation. In 2021, Menasha Corporation Foundation donated more than $2 million in grants to nonprofit organizations. The Foundation focuses on nonprofit organizations in North America that provide services focused on safe and healthy citizens, education, community improvement, and cultural activities as well as environmental sustainability.

COLLEGE SCHOLARSHIPS For more than 50 years, Menasha Corporation Foundation has awarded one- and four-year college scholarships to eligible dependents of our employees.

Menasha Corporation Foundation’s College Scholarships and its Dollars for Doers and Matching Gifts programs support employees’ educational efforts.

MATCHING GIFTS Menasha Corporation Foundation matches financial gifts, dollar for dollar, to qualified educational institutions that our employees or shareholders support. Matches range up to $1,000 per year.

DOLLARS FOR DOERS We provide a $250 donation to any school in which a Menasha Corporation employee or spouse volunteers more than 20 hours during a school year. At the end of the school year, all schools that received a $250 donation are entered into a drawing for a $2,500 grant that can be used for educational materials.

Menasha Corporation Foundation also supports the local communities where we have operations. Our businesses each have charitable-giving budgets funded by our Foundation to be used to support organizations and efforts that are meaningful to employees in the communities where they live and work. Our locations form committees that understand local needs and decide where their grant dollars should go. Of the $2 million in grants given by our Foundation in 2021, over $700,000 was designated for nonprofits that were chosen by employees for use in their local communities.

In the event a community project will make a significant contribution to the livelihood, care, and lives of a vast number of people, Menasha Corporation Foundation considers a donation from its “Field of Interest” category, a special budget designated for contributions that go beyond the Foundation’s philanthropy guidelines.

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PROFILE

ECONOMIC VALUE

ENVIRONMENTAL STEWARDSHIP

SOCIAL RESPONSIBILITY

Volunteerism Volunteerism is an integral part of our company culture, and many of our employees view volunteer opportunities as part of their career. Across our company, employees use their teamwork, leadership, problem-solving and public-speaking skills in activities that benefit a wide variety of community organizations and causes.

Left Top: Our employees enjoy and take pride in their volunteer work, which includes serving on boards, helping to fundraise, and coaching youth sports. Right Top: We proudly supported Girls on the Run of Northeast Wisconsin, which reaches girls in third through eighth grade with a 10-week education and empowerment program to teach essential life skills, how to build healthy relationships, and learn about community service. Right Bottom: We donated to Northwest Arkansas Food Bank, an agency that distributes food in northwest Arkansas. Food is provided through mobile and school pantries and soup kitchens.


PROFILE

ECONOMIC VALUE

ENVIRONMENTAL STEWARDSHIP

Associations

Certifications

• American Bakers Association

• American Institute of Baking (AIB)

• American Seed Trade Association

• Forest Sustainability

|

31

• American Society of Baking

º Forest Stewardship Council Chain of Custody (FSC® CoC)

• Association of Independent Corrugated Converters

Forestry Initiative Chain of Custody SFI® Sourcing º Sustainable ®

• Automotive Industry Action Group • Canadian Compost Council • Carbon Disclosure Project (CDP) • Contract Packaging Association • Corrugated Packaging Alliance • Fibre Box Association • Forest Stewardship Council® • Foundation for Strategic Sourcing • International Corrugated Case Association • Material Handling Industry • National Association of Chain Drug Stores • Packaging Manufacturing and Machinery Institute • Path to Purchase Institute • Private Label Manufacturers Association • Reusable Packaging Association • Shop! Association • Sustainable Forestry Initiative® • Sustainable Packaging Coalition • Wisconsin Sustainable Business Council

Employees at our Menasha Packaging Company in Neenah, Wisconsin, volunteered to clear litter from the roadways and Menasha Packaging was a Adopt-a-Highway sponsor.

SOCIAL RESPONSIBILITY

(SFI CoC)

º PEFC (The Programme for the Endorsement of Forest Certification Schemes)

• G7 Master Qualified (for printing and equipment) • Global Food Safety Initiative (GFSI) • LEED Gold® Certification – Menasha Corporation Headquarters Building • ISO 9001 – ORBIS • ISO 134875 • SHARP Certified – ORBIS Corporation’s Georgetown, Kentucky, facility (Certifications and participation may vary by facility.)


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PROFILE

ECONOMIC VALUE

ENVIRONMENTAL STEWARDSHIP

SOCIAL RESPONSIBILITY

Index This table identifies company information that is most material to our corporate responsibility and the associated effects on the economy, environment, and people. Menasha Corporation is not a formally registered member of the Global Reporting Initiative. Our publicly disclosed material in this report aligns with similar disclosures set forth in the GRI Standards.

Topic

Alignment with GRI Disclosure

Page

GENERAL DISCLOSURES

Topic

Alignment with GRI Disclosure

Page

Stakeholder Engagement

Organizational Profile

Stakeholder groups

2-29

8

Approach to stakeholder engagement

2-29

8, 24

Key topics and concerns raised through stakeholder engagement

2-29

23, 24

Name of organization

2-1

Front Cover

Primary brands, products and services

2-6b

5, 6, 7

Location of headquarters

2-1

5

Where the organization operates

2-1

5

2-1

Entities included in consolidated financial statements

5

2-2

5, 6, 7, 321

Nature of ownership and legal form

5, 6, 7

2-3

8

Markets served

2-6

Defining report content and topic Boundaries

2-6

Material Aspects identified

5

2-3

8

Scale of organization Workforce description

2-7

324

Organization’s supply chain

2-6b

15

2-6d

Reporting period

Significant changes during reporting period

12, 13

2-3a

8

Memberships associations

2-28

Date of most recent previous report

31

2-3

8, 322

Reporting cycle

2-3

8

Contact for questions regarding the report

2-3

Back cover

Strategy Statement from most senior decision-maker

2-22

2

Key impacts, risks, and opportunities

2-22

12, 13, 15

Report Practice

Reporting Profile

ECONOMIC

Goverance Governance structure

2-9a

11

Executive-level responsibility for economic, environmental, and social topics

2-9b

11

Composition of the highest governance body and its communities

2-9c

11

Chair of highest governance body

2-11a

11

Identifying and managing economic, environmental, and social impacts

2-12a

15

Communicating critical concerns

2-16

15

Compliance with laws and regulations

2-27

324

Embedding policy commitments

2-24

15

Mechanisms for seeking advice and raising concerns

2-26

15

Economic Performance Direct economic value generated and distributed

201-1

321

Coverage of defined benefit plan obligations

201-3

24

205-2

15

Anti-Corruption Communication and training on anti-corruption policies and procedures


PROFILE

Topic

Alignment with GRI Disclosure

Page

ENVIRONMENTAL

ECONOMIC VALUE

ENVIRONMENTAL STEWARDSHIP

Topic

SOCIAL RESPONSIBILITY

Alignment with GRI Disclosure

33

Page

SOCIAL

Materials Materials used by weight or volume

301-1

16-21

Recycled input materials used

301-2

9, 16-21

Reclaimed products and their packaging used

301-3

19-21

Employment Total number and rates of new employee hires and employee turnover

401-1

324

Benefits provided to full-time employees that are not provided to temporary or part-time employees

401-2

24

Energy

Occupational Health and Safety

Energy consumption within organization

302-1

17, 18

Occupational health and safety management system

403-1

22, 325

Energy intensity

302-3

17, 18

Hazard identification, risk assessment, and incident investigation

403-2

22, 325

Reduction of energy consumption

302-4

17, 18

Worker participation, consultation, and communication on occupational health and safety

403-4

22, 325

Worker training on occupational health and safety

403-5

22, 325

Promotion of worker health

403-6

22, 27

Work-related injuries

403-9

22

404-2

24, 25, 26

405-1

28

413-1

29, 30

Water Total water withdrawal and consumption

|

303-3

9, 20

Emissions Direct greenhouse gas (GHG) emissions (Scope 1)

305-1

9, 17

Energy indirect greenhouse gas (GHG) emissions (Scope 2)

Training and Education

305-2

9, 17

Programs for upgrading employee skills and transition assistance programs

Greenhouse gas (GHG) emissions intensity

305-4

9, 17

Reduction of greenhouse gas (GHG) emissions

305-5

9, 17

Diversity and Equal Opportunity Composition of governance bodies and breakdown of employees

Waste Management of significant waste-related impacts

306-2

9, 19

Waste generated

306-3

19

Non-compliance with environmental laws and regulations

307-1

323

Local Communities Operations with implemented local community engagement, impact assessments and development programs

1

As a privately held entity, Menasha Corporation does not

divulge detailed financial information.

Annualized 2021 YE Turnover %*: Salaried Employees: 13.8% Hourly Employees: 39.4%

2

The company’s most recent previous report is 2021.

3

No significant fines or nonmonetary sanctions occurred

during the reporting period. 4

Number of newly hired employees* with a start date in 2021: Salaried Employees: 231 Hourly Employees: 1,571 Total Employees: 1,802

Total Employees: 30% *United States and Canada (excludes Mexico) 5

Safety rules and expectations are part of union contracts. Both the Company and our workers agree to abide by 100% of controlling Occupational Safety and Health legislation.


Neenah, WI 54956-9701 920.751.1000 www.menasha.com Our Companies Corporate Office Corporate Office

1645 Bergstrom Road P.O. Box 367 Neenah, WI 54957-0367 920.751.1000 www.menashacorporation.com info@menasha.com

1645 Bergstrom Road P.O. Box 367 Menasha Packaging Company LLC Neenah, WI 54957-0367 1645 Bergstrom Road 920.751.1000 Neenah, WI 54956-9701 www.menashacorporation.com 920.751.1000 info@menasha.com www.menasha.com

ORBIS Corporation 1055 Corporate Center Drive Oconomowoc, WI 53066-0389 262.560.5000 www.orbiscorporation.com

Our Companies

Our Companies

Menasha Packaging Company LLC 1645 Bergstrom Road Neenah, WI 54956-9701 920.751.1000

ORBIS Corporation 1055 Corporate Center Drive Oconomowoc, WI 53066-0389 262.560.5000 Menasha Packaging Company LLC www.orbiscorporation.com 1645 Bergstrom Road Neenah, WI 54956-9701 920.751.1000 www.menasha.com

www.menasha.com

ORBIS Corporation 1055 Corporate Center Drive Oconomowoc, WI 53066-0389 262.560.5000

ORBIS Corporation 1055 Corporate Center Drive Oconomowoc, WI 53066-0389 262.560.5000 www.orbiscorporation.com

www.orbiscorporation.com

Printed with vegetable-based inks; a portion of the paper contains postconsumer recycled fiber.

Printed with vegetable-based inks;

Printed with vegetable-based inks; a portion of the paper contains postconsumer recycled fiber.

Printed with vegetable-based inks; Printed with vegetable-based inks; a portion of the paper contains a portion of the paper contains postconsumer recycled fiber. postconsumer recycled fiber.


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