Bemis's Global Commitments

1.1. Bemis’s Global Commitments

1.1.1. Environment, Health and Safety - EHS
Our vision is to be a recognized leader of environment, health and safety excellence, in everything we do and everywhere we operate. To support our EHS FIRST policy, we:
• Foster open and transparent communication to build long-term stakeholder relationships and generate sustainable EHS improvements and value
• Comply with and, where possible, exceed applicable laws and our own EHS FIRST standards
• Develop and implement innovative technologies, industry best practices and effective management systems
• Require our managers to take ownership of EHS FIRST and visibly demonstrate their EHS FIRST commitment
• Select our partners on the basis of their commitment to meet our EHS FIRST requirements
• Regularly audit our sites and publicly report our EHS FIRST performance
• Hold each other accountable to live and work by the policy through application of Bemis's Worldwide Code of Employee and Business Conduct
• Encourage, recognize and reward positive contributions to Bemis's EHS performance

1.1.2. Continuous Improvement
Continuous Improvement is aimed at maximizing opportunities by improving the Company’s competitiveness and efficiency. Our Continuous Improvement program combines two complementary approaches – Lean Manufacturing and Six Sigma – to provide a full range of tools for our businesses to choose the most appropriate improvement techniques for each situation.

CI builds on existing projects of excellence and helps to install a culture of passion for continually being better at everything we do, allowing us to better meet our customers' needs. This framework is linked to our Maximizing Value business strategy and objectives, guiding and giving clarity of purpose to our CI projects. It is designed with the flexibility to promote both break-through and incremental improvements in our operations, promoting improvement initiatives from both the shop-floor and through larger projects that span across departments and plants. CI will offer us a common toolbox to meet our individual and team objectives, as well as to concretely contribute to Bemis's bottom line:
➢ Customer focus tools
➢ Six Sigma principles: Focusing on quality and customer satisfaction.
➢ Lean Manufacturing principles: Eliminating waste and non-value added steps, and reducing lead times and working capital
➢ Leadership and team techniques
➢ Project selection tools

At a local level Bemis’s focus on Continuous Improvement (CI) has had a big impact on our Wellington plant’s efficiency. In Wellington we have a Black Belt and a number of Green Belts who are deployed on CI projects.

Our plant capacity and throughput has increased substantially over the past few years. This is a result of considerable investment that has gone into our manufacturing facility, both extrusion and bag-making, over recent years to expand capacity and flexibility. Further investment is also being investigated.

1.1.3. Sustainability
➢ Environmental: respect for the planet, wise stewardship of natural resources, etc.
➢ Social: respect for people, human rights, health, safety, impacts on communities, etc.
➢ Economics: wise use of financial resources, economic health, etc.

Product Stewardship at Bemis Flexible Packaging
Based on international standards and recognized criteria, we assess products by considering a comprehensive set of sustainability criteria at each stage of the product life cycle. Supported by an Operational Tool (ASSETTM), our aims are both to reduce risks and develop more sustainable products.

Social Responsibility at Bemis Flexible Packaging
We operate in more than 30 countries and conduct business in even more cultures and social environments. Bemis Flexible Packaging has essential values and principles that guide us as we adapt and grow in our markets. We have issued a Directive for Social Responsibility that sticks to these fundamentals. Our commitment to using the highest standard of human rights in all of our facilities around the world is non-negotiable and we expect our suppliers and sub-contractors to do so as well.

1.1.4. Innovation
Bemis Flexible Packaging's customers come to Bemis Flexible Packaging to solve their packaging issues. We are there to help them find solutions. But that is only one part of the equation. We are also proactively developing products, processes and services that will eventually "change the game" for both our customers and our organization. We use different processes to reach our innovation goals. Through Value Innovation Centres, open innovation challenges, more classic R&D work, we are constantly working to find new ways of meeting and exceeding our customers' needs.

Our Objectives
• Create customer / market focused innovation culture
• Entrench robust externally focused innovation process and tools
• Entrench robust knowledge sharing processes
• Enable customer top-line growth

Our Strategy
• Developing strong optimized network model linked together with knowledge sharing network
• Fostering linkages with business partners, innovation exchanges, etc.
• Entrenching voice of 30,000 Bemis Flexible Packaging consumers / innovators.
• Accelerating innovation process through robust value innovation process, including consumer insights

1.1.5. Customer Partnership
Bemis Flexible Packaging aims at developing strong partnerships with its customers, partnerships that go beyond the usual customer-supplier relationship. With its strong platform, its talented people and its "Can Do" attitude, Bemis Flexible Packaging is well positioned to be the partner of choice for all major multinationals.

Its people are one of its key strengths. Through the Sales Academy, Global Account Management certification and other various training programs, its sales professionals are trained in an Bemis Flexible Packaging Way, aligned with the needs of its customers.

In addition to a wide range of products and services, Bemis Flexible Packaging provides its customers with a maximizing value experience with its CVMTM (Customer Value Maximization) process, its GAM (Global Account Management) model, and other innovative means.

The CVMTM is a partnership model by which the customer can maximize value from the relationship. We capture the voice of the customer and then jointly identify priorities and a strategic agenda. This process brings us to an unprecedented level of intimacy with our customers allowing us to really understand their needs and positioning us to meet and exceed those needs.

The Global Account Management model ensures common customer facing, global strategy and alignment. When a customer deals with multiple sites and sectors across the world, the GAM model brings consistency and facilitates high-level dialogue.

Our Objectives
• Partnership models which reinforce linkages / maximize value
• GAM model / governance
• Enhance Sales & Marketing processes
• Enhance "Moments of Truth" Our Strategy
• Implementing Customer Value Maximization (CVMTM)
• A model for Bemis Flexible Packaging and customer to extract value from partnership
• Voice of customer captured
• Key priorities jointly identified and strategic agenda developed
• Customer portal to be entrench linkages.