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Regulatory press release

Elopak ASA: Proposed dividend of EUR 0.13 per share for the financial year 2024

Elopak
The Board of Elopak ASA ("Elopak", Oslo Børs Ticker: ELO) will propose a
dividend of EUR 0.13 per share for the financial year 2024 to the annual general
meeting in May 2025.

The dividend will be paid in NOK in two installments of EUR 0.08 per share and
EUR 0.05 per share, to be paid in May and October 2025, respectively. The total
ordinary dividends proposed for the financial year 2024 is EUR 35 million. The
two installments will have separate ex. dividend and record dates.

For further information, please contact:
Christian Gjerde, Head of Treasury and Investor Relations
E-mail: christian.gjerde@elopak.com
Tel: +47 980 60 909

Elopak ASA
Oslo, February 11, 2025

This information is published in accordance with the requirements of the
Continuing Obligations and is subject to the disclosure requirements pursuant to
Section 5-12 in the Norwegian Securities Trading Act.

About Elopak
Elopak is a leading global supplier of carton packaging and filling equipment.
The company's iconic Pure-Pak® cartons are made using renewable, recyclable and
sustainably sourced materials, providing a natural and convenient alternative to
plastic bottles that fits within a low carbon circular economy.

Founded in Norway in 1957, Elopak was listed on the Oslo Stock Exchange in 2021.
Today it employs 2,850 people and sells 16 billion cartons annually across more
than 70 countries.

Elopak is a UN Global Compact participant member. We have set Science Based
Targets to reduce emissions in line with the 1.5-degree trajectory and aim to be
Net-Zero by 2050. In 2023, we achieved a gold rating by EcoVadis and were rated
top 2% sustainable companies in the world.

For more information, go to www.elopak.com or follow us @Elopak on LinkedIn.
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