Ann: 3Q 2020 Form 10-Q, page-13

Amcor is present in all the major developed and emerging markets around the world and so in this challenging time, we've benefited from our scale, but also our geographic breadth and diversification. The scale provides many advantages at times like this, starting with the ability to ensure we have access to raw materials and other supplies, but also making sure we have redundancy in our supply chain, in our production network. If production is disrupted in one region, there's the opportunity to source from another.Of course, being diversified geographically means in this instance, while one region may be struggling like China was earlier this year, other regions have been less impacted especially during the pandemic, being so global has also meant that we've been able to share learnings as different parts of the world have suffered through the pandemic at different times. We've learned from the experiences in Asia and Europe now as we've dealt with the outbreak at later dates in the Americas.Lastly, turning the Slide 9; Amcor is also relatively well-positioned by virtue of our strong financial situation. The market positions we have in the scale and the defensive consumer segments we supply have led to consistently strong cash flow, which in turn has enabled consistent financial performance and shareholder returns and that's continuing this year. We also have a strong balance sheet. We're committed to an investment-grade credit rating and we've always maintained lower leverage than most of our industry peers. With consistent cash flow and a solid balance sheet, we continue to have plenty of cash to reinvest in the business, as well as to distribute to shareholders. While our dividend has always been compelling, it's especially compelling right now, relative to the alternatives that investors might consider.