O-I Glass, Inc. /DE/ — fact timeline

O-I Glass, Inc. /DE/ incurred senior notes of $500 million aggregate principal amount with Regions Bank at 9.500% maturing 2033.

“completed a private offering of $500 million aggregate principal amount of its 9.500% Senior Notes due 2033”

O-I Glass, Inc. /DE/ updated its first-quarter ended March 31, 2026 guidance (lowered).

“On April 28, 2026, O-I Glass, Inc. (the “Company”) issued a press release announcing its results of operations for the quarter ended March 31, 2026.”

O-I Glass, Inc. /DE/ incurred credit facility of up to $2.7 billion of borrowings with Wells Fargo Bank, National Association at Term SOFR or Base Rate or Eurocurrency Rate plus applicable margin; Term Loans A maturing Term loans A and revolving credit facility mature September 2030; Term loans B mature September 2032.

“On September 30, 2025, Owens-Illinois Group, Inc. ("OI Group"), a direct, wholly owned subsidiary of O-I Glass, Inc. (the "Company") entered into an Amended and Restated Credit Agreement and Syndicated Facility Agreement with Wells Fargo Bank, National Association, as Administrative Agent, Owens-Illinois General Inc., as Borrowers' Agent, and the other Agents, Arrangers and Lenders named therein (the "Credit Agreement"). The Credit Agreement refinances in full OI Group's Credit Agreement and Syndicated Facility Agreement, dated March 22, 2022 (as amended by Amendment No. 1 to Credit Agreement and Syndicated Facility Agreement dated August 30, 2022, the "Prior Credit Agreement"). The Credit Agreement provides for up to $2.7 billion of borrowings pursuant to term loans A, term loans B and a revolving credit facility.”

Vitaliano Torno changed role as Senior Vice President, Chief Transformation Officer and President of O-I Europe at O-I Glass, Inc. /DE/.

“Vitaliano Torno, who currently serves as the Company’s Senior Vice President, Global Business Operations, and President of O-I Europe, will become the Company’s Senior Vice President, Chief Transformation Officer and President of O-I Europe , effective August 1, 2024.”

O-I Glass, Inc. /DE/ shareholders approved Advisory Vote to Approve Named Executive Officer Compensation at the 2024-05-15 meeting.

“Proposal 3 - Advisory Vote to Approve Named Executive Officer Compensation: The compensation of the Company’s named executive officers was approved by an advisory (non-binding) vote of the share owners as follows: Aggregate Vote For Against Abstentions Broker Non-Votes 130,951,447 3,737,003 283,011 6,989,024”

O-I Glass, Inc. /DE/ shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2024-05-15 meeting.

“Proposal 2 - Ratification of Appointment of Independent Registered Public Accounting Firm: The appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 was ratified by vote of the share owners as follows: Aggregate Vote For Against Abstentions Broker Non-Votes 137,666,746 4,022,896 270,843 0”

O-I Glass, Inc. /DE/ shareholders approved Election of Directors at the 2024-05-15 meeting.

“Proposal 1 - Election of Directors: Each of the nominees for the Company’s Board of Directors (the “Board”) was elected to serve a one-year term by vote of the share owners as follows: Aggregate Vote Name For Against Abstentions Broker Non-Votes Samuel R. Chapin 133,330,994 1,309,755 330,712 6,989,024 David V. Clark, II 133,141,032 1,622,717 207,712 6,989,024 Eric J. Foss 122,809,255 11,936,017 226,189 6,989,024 Gordon J. Hardie 133,329,968 1,414,976 226,517 6,989,024 John Humphrey 131,881,043 2,882,497 207,921 6,989,024 Alan J. Murray 125,221,508 9,485,902 264,051 6,989,024 Hari N. Nair 132,739,976 1,924,026 307,459 6,989,024 Cheri Phyfer 133,513,799 1,201,841 255,821 6,989,024 Catherine I. Slater 133,160,324 1,555,465 255,672 6,989,024 Carol A. Williams 132,004,524 2,718,015 248,922 6,989,024”

O-I Glass, Inc. /DE/ reported first quarter ended March 31, 2024 results: revenue $1.6 billion, net income $0.45 per share (diluted), EPS $0.45 per share (diluted). Guidance lowered.

“we expect this new innovative technology will create a significant competitive advantage for our company well into the future,” said Andres Lopez, O-I Glass CEO. Net sales were $1.6 billion in the first quarter of 2024 compared to $1.8 billion in the prior year reflecting slightly lower average selling prices and a 12.5 percent decline in sales volume (in tons).”