Graphic Packaging cuts 2024 guidance after production disruptions; expects results below prior ranges

GRAPHIC PACKAGING HOLDING CO

Q3 Adjusted EBITDA reduced by $20M to $25M due to severe weather and electrical substation damage at three facilities.
Full-year 2024 Adjusted EBITDA of $1.73B-$1.83B and Adjusted EPS of $2.65-$2.85 now expected below midpoint.
All affected facilities resumed normal operations; no customer service impact.
Incidents occurred in July and August 2024; costs include lost production and restart expenses.

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