1. INVESTOR
BRIEFING
December 2013

2. Safe Harbor Statement
This presentation includes forward‐looking statements within the meaning of the Safe Harbor
provisions of the Securities Litigation Reform Act of 1995. Such statements include, but are
not limited to, statements relating to the expected future performance of the company and
its objectives, expectations and intentions for the future. These forward‐looking statements
are based on the current beliefs and expectations of Bemis Company’s management and are
subject to risks and uncertainties. The forward‐looking statements speak only as of the date
of this presentation, and Bemis Company does not undertake to update such statements to
reflect changes that occur after that date. There are a number of factors that could cause
actual results to differ from those set forth in the forward‐looking statements. These factors
include, but are not limited to: general economic conditions, competitive conditions in our
markets, regional governmental regulations, the cost and availability of raw materials, and
our ability to pass these price changes on to our customers or otherwise manage commodity
price fluctuation risks. These and other risks, uncertainties, and assumptions are identified
from time to time in our filings with the Securities and Exchange Commission including our
most recent Annual Report on form 10‐K and our quarterly reports on Form 10‐Q. Such
reports are available on the website of the Securities and Exchange Commission
(www.sec.gov).
Page  2

3. Bemis Company Profile
 Packaging industry leader
since 1858
since 1858
 $5.1 billion 2012 net sales
 F
Fortune 500
500
 S&P 500
19%
 Vertical integration creates
Vertical integration creates
competitive advantage
 74 facilities in 11 countries
74 facilities in 11 countries
 ~ 20,000 employees
worldwide
Page  3
2012 Net Sales by Region
9%
69%
3%




North America
Latin America
Europe
Asia Pacific

4. 2012 Highlights
 Record adjusted EPS of $2.15
 Increased dividend payable to shareholders
Increased dividend payable to shareholders
 Announced new reportable segment structure:
 U S Packaging
U.S. Packaging
 Global Packaging
 Pressure Sensitive Materials
 Substantially completed facility consolidation program
to close 9 manufacturing locations
 Increased footprint in Asia‐Pacific
Page  4

5. Net Sales & Adjusted Op Profit* % by Segment
($ i millions)
)
in illi
Global
Packaging
U.S.
Packaging
Pressure Sensitive
Materials
16%
8%
$3,040
$3 040
43%
$1,544
$1 544
12%
64%
$556
57%
100%
$3,000
13.0%
12.8%
15.0%
North America
Europe
$3,000
11.0%
10.0%
10 0%
$2,000
$2,000
$2,822
5.0%
$1,000
15.0%
10.0%
$2,000
10.0%
8.8%
8.8%
7.4%
$3,111 $3,040
$1,000
Latin America
15.0%
Asia Pacific $3,000
7.0%
$1,451 $1,637 $1,543
$ ,
5.9%
0.0%
2010
Page  5
2011
2012
$‐
0.0%
2010
2011
2012
6.6%
5.0%
5.0% $1,000
$563
$‐
6.3%
$574
$556
$‐
0.0%
2010
* See appendix for reconciliation from GAAP to Adjusted Operating Profit excluding certain items.
2011
2012

6. U.S. Packaging Profile
Percent of 2012 Net Sales
Percent of 2012 Net Sales
30%
20%
10%
0%
Meat &
Cheese
Dairy &
Liquids
Specialty Dry Foods Beverage Candy, Health &
Other
Food &
Wraps Snacks & Hygiene Non‐food
Meals
Bakery
 Extends shelf life of
perishable foods (meat,
cheese, dairy, produce)
cheese dairy produce)
 Proprietary and patented
film structures
 Premium manufacturing
Premium manufacturing
scale and printing
capabilities support both
national and regional
brands
Page  6

7. U.S. Packaging Growth Drivers
U.S. Packaging Growth Drivers
 Conversion from jars and
cans to pouches
Glass jar
Pouch
 Single serving /
Single serving /
convenience sizes
 Material content and
weight reduction for
sustainability and cost
management
Paper envelope
Stand up pouch w/window
 Convenient cook‐in
packages
f PVdC
 Eli i ti
Elimination of PVdC
content from plastic cups
Can
Page  7
Cook-in Pouch

8. Global Packaging Profile
Percent of 2012 Net Sales
20%
10%
0%
Medical & Dairy &
ed ca & a y &
Pharma Liquids
Meat &
eat &
Cheese
Health & Specialty Beverage Candy,
ea t & Spec a ty e e age Ca dy,
Ot e
Other
Hygiene
Food
Wraps Snacks & Non‐food
Bakery
 Expanding consumer
markets in Latin America
and Asia
 Sterility and quality are
Sterility and quality are
paramount for medical
applications
Page  8

9. Global Packaging Growth Drivers
Global Packaging Growth Drivers

Food safety regulations in
emerging markets

New generation of
consumers looking for
convenience features

Wal-Mart located in China
Need for shelf stable foods
due to lack of available
refrigeration space
refrigeration space
Retort
Page  9

10. Pressure Sensitive Materials Profile
Percent of 2012 Net Sales
60%
40%
20%
0%
Technical
Page  10
Graphic
Label

11. Disciplined Capital Stewardship
Priorities:
1) 30 consecutive years
of increasing
dividend payments
2) Fund organic growth
Fund organic growth
to enhance revenues
and returns
3) Fund acquisitions
)
d
4) Balance share
repurchases and
repurchases and
deleveraging
$500
Cash Flow from Operations ($ in millions)
$400
$300
$200
$100
$0
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
$1.20
$1.00
Cash Dividends
Cash Di idends
$0.80
$0.60
$0.40
$0 40
$0.20
$0.00
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Page  11

12. Share Repurchase History
$161
$154
$27
2004
M
M&A Transaction
2005
2006
2007
2008
2009
M
M&A Transaction
2003
M
M&A Transaction
$18
2002
$46
($203)
Page  12
2010
2011
2012
Deleveraging
$50

13. World Class Customer Base
Why customers choose Bemis:
U i
Unique technological and engineering
h l i l d
i
i
resources
 Reduced waste in production and
p
distribution system
 Flexible capacity to accommodate
new product launches
new product launches
 Reliable supply; Quality product
 Investment grade supplier
Investment grade supplier
 Global supply capabilities
Page  13

14. Strategic Priorities
Optimize & Leverage
p
g
Our Scale
Grow in Target Areas
Accelerate Innovation
Accelerate Innovation
Page  14

15. Optimize & Leverage our Scale
Complete Facility Consolidation
C
l
F ili C
lid i
World Class Operations Management
Ongoing Specification Consolidation
Ongoing Specification Consolidation
Page  15

16. Grow in Target Areas
Packaging demand from
developing countries
• Emerging economies
demanding/regulating
g g
g
food safety and
convenience features
• Lack of refrigeration
creates need for shelf
stable packaging
• Increasing consumer
populations
Page  16
Medical and
pharmaceutical
pharmaceutical
industries
• Demographics
continue to drive
growth
• Modern bio‐technology
requires more complex
p
packaging
g g
• Opportunities for
smart packaging to
solve emerging market
needs
High barrier packaging
opportunities
• New products continue
to win business in
established U.S. food
applications
• Expanding
opportunities for high
pp
g
barrier film in Latin
America and Asia

17. Accelerate Innovation
Polyethylene
Unique
Polymer
Polymer
Technologies
Polyester
Nylon
Polypropylene
Barrier resins
EZ Peel/Reseal
Consumer
Convenience
Features
IntegraCut / IntegraScore
Microwaveable/self venting
Weight reduction
Proprietary sealants
Antimicrobial coatings
Retort technologies
Reduced transportation
Food
Food
Safety
Sustainability
Reduced packaging material
Less food and material waste
Lower carbon footprint
Page  17

18. Our Sustainability Commitment
Economic sustainability
E
i
t i bilit
Environmental Sustainability
Transparency and
good governance are
good governance are
Social Sustainability
fundamental tools for 2020 Targets:
 Reduce electricity and
delivering long‐term
fuel use by 10%
We are a responsible
value to shareholders
 Reduce use of solvents member of the
use of solvents
b
f th
by 20%
communities in which
 Zero waste to landfills
we operate and make
 Zero process water
sa ety ou u be o e
safety our number one
discharged
priority in each of our
global operations
Page  18

19. 2013 Guidance
2013 Guidance
Adjusted EPS guidance of $2.24 to $2.30
Cash flow from operations ~ $400 million
• Reflects ~$40 million of pension contributions
• Includes ~$50 million of cash payments for facility
consolidation activities
• Cash flow from operations expected to be $500 million
beginning in 2014
Capital expenditures of ~$130 to 140 million
Note: Guidance as of October 25, 2013
Page  19

20. An Attractive Investment
Strong balance
sheet and cash
flow
World‐class
customer base
Disciplined capital
allocation
Strong market
position
Expanding global
market reach
Patented and
p p
proprietary
y
products
Page  20

21. APPENDIX

22. Reconciliation of Non‐GAAP Earnings Per Share
Reconciliation of Non‐
Q313
Actual
Q213
Actual
Q113
Actual
2012
Actual
Q412
Actual
Q312
Actual
Q212
Actual
Q112
Actual
GAAP EPS
$ 0.52
$ 0.51
$ 0.47
$ 1.66
$ 0.38
$ 0.45
$ 0.40
$ 0.42
Special charges:
Acquisition related costs
Facility consolidation and other costs
Gain on sale of Clysar plant
Gain on sale of land and building
‐
0.10
‐
(0.02)
‐
0.13
(0.03)
‐
‐
0.06
‐
‐
0.04
‐
0.01
0.02
0.02
0.45
0.14
0.14
0.12
0.05
‐
‐
‐
‐
‐
‐
‐
‐
‐
‐
Adjusted EPS
$ 0.60 $ 0.61 $ 0.53
$ 2.15 $ 0.52 $ 0.60 $ 0.54 $ 0.49
Page  22

23. Facility Consolidation Program Financial Summary
Q411
2011
Expense
$ 38.4
38.4
Cash
Paid
$ 3.3
3.3
Q112
Q212
Q312
Q412
2012
8.3
19.7
21.4
19 3
19.3
68.7
8.0
4.5
11.2
11 5
11.5
35.2
5.0
3 0
3.0
8.0
Q113
Q213
Q313
Q413 Estimate
2013 Estimate
9.3
20 9
20.9
15.8
‐
46.0
10.8
11 7
11.7
10.2
24.2
56.9
7.5
12 5
12.5
6.0
6.0
32.0
Total Facility
Consolidation Impact
$
153.1
Expected Annual Savings Run‐Rate
$ 95.4
*Savings net of increased costs associated with consolidation activities.
Page  23
Net Cost
Net Cost
Savings*
$ 50.0

24. Components of Change in Net Sales – Q313
Components of Change in Net Sales –
Net Sales
Net Sales
($ i n mi l l i ons )
Third Quarter
Third Quarter
2013
2012
% Change
U.S. Packaging
Divestiture effect
Divestiture effect
Optimization effect
Organic (Price/Mix/Volume) growth
$ 750.7 $ 774.9
(3.1%)
(2.5%)
(1.5%)
0.9%
Global Packaging
Currency effect
370.8
377.5
(1.8%)
(5.7%)
Acquisition effect
Optimization effect
Organic (Price/Mix/Volume) growth
4.8%
(3.0%)
2.1%
Pressure Sensitive Materials
Currency effect
Organic (Price/Mix/Volume) decline
137.0
135.4
1.2%
1.7%
(0.5%)
Total Net Sales
Currency effect
Acquisition/Divestiture effect
Optimization effect
Optimization effect
Organic (Price/Mix/Volume) growth
$
1,258.5 $
1,287.8
(2.3%)
(1.5%)
(0.1%)
(1.8%)
(1 8%)
1.1%
Page  24