September 30, 2020 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-9576 O-I GLASS, INC. (Exact name of registrant as specified in its charter) Delaware 22-2781933 (State or other jurisdiction o ...

Financial Data and Key Metrics Changes - Adjusted earnings were reported at $0.01 per share, with free cash flow of $112 million, reflecting a strong cash generation despite challenging conditions [7][21][29] - Segment operating profit decreased to $95 million from $236 million in the prior year, impacted by a 15% decline in sales volume due to the pandemic [21][24] - Net debt was reported at $5.4 billion, with a leverage ratio of 4.1, indicating a stable financial position despite the pandemic [31][32] Business Line Data and Key Metrics Changes - Sales volume was down approximately 15% overall, but improved to a decline of just 3% by the end of June, with a 2% increase in July [9][17] - In the Americas, profit was $52 million, down $88 million year-over-year, with sales volumes down 18% but showing improvement later in the quarter [25] - Europe's operating profit was $42 million, down $45 million, with sales volumes down 14% but improving as markets reopened [27][28] Market Data and Key Metrics Changes - Off-premise sales remained elevated, increasing between 10% and 35% depending on the category, compensating for lost sales from bars and restaurants [18] - North America saw a strong performance in July with mid-to-high single-digit growth, while Brazil experienced mid-teens growth [43] - The demand for glass in Brazil and Europe remained strong, with no significant aluminum can shortages impacting these markets [96] Company Strategy and Development Direction - The company is focused on maximizing free cash flow, preserving liquidity, and reducing debt, with a revised full-year sales volume guidance of down 4% to 7% [9][31][34] - Continued advancement of the MAGMA initiative is a priority, with plans for broader deployment in 2022 following successful trials [14][70] - The divestiture of the ANZ business is part of a strategy to rebalance the portfolio and improve the balance sheet [8][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate the pandemic, highlighting resilience and a strong cash flow generation [9][36] - There are uncertainties regarding the future evolution of COVID-19 and its potential impact on demand, but recent trends are encouraging [34][48] - The company anticipates that glass volumes will eventually return and exceed pre-pandemic levels, driven by strong retail demand [19][96] Other Important Information - The company implemented strict cost controls, generating significant savings, with about 70% of cost reductions expected to be sustainable [12][85] - The completion of the ANZ divestiture has allowed for over $350 million in debt repayment, further improving the leverage position [32] Q&A Session Summary Question: July volumes up 2%, breakdown by region and third quarter volume outlook - July sales shipments were up 2%, with North America showing mid-to-high single-digit growth, while Europe was flat [43][44] - Management indicated caution regarding future volume trends due to market volatility and potential inventory replenishment [47] Question: Third quarter outlook and EBITDA expectations - Management suggested that if volumes remain flat, EBITDA could also be flat year-over-year, with decremental margins expected to improve [56][62] Question: MAGMA findings and growth outlook - Positive outcomes from MAGMA trials indicate high-quality glass melting and efficiency, with plans for deployment in 2022 and 2023 [70][72] Question: CapEx guidance and COVID recovery scenario - Maintenance CapEx is expected to be around $275 million to $300 million, with strategic projects potentially requiring additional investment [78][80] Question: Impact of cost cuts in the second quarter - Approximately $57 million in cost reductions were achieved, with about 70% expected to be sustainable moving forward [85] Question: U.S. beer demand dynamics - Increased demand for glass is driven by shortages in aluminum cans, with strong performance in Brazil and Europe [96][97]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-9576 O-I GLASS, INC. (Exact name of registrant as specified in its charter) Delaware 22-2781933 (State or other jurisdiction of (IR ...

2Q 2020 EARNINGS AUGUST 5, 2020 SAFE HARBOR COMMENTS Forward-Looking Statements This presentation contains "forward-looking" statements related to O-I Glass, Inc. ("O-I Glass" or the "company") within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act") and Section 27A of the Securities Act of 1933. Forward-looking statements reflect the company's current expectations and projections about future events at the time, and thus involve uncertainty and risk. The wor ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-9576 O-I GLASS, INC. (Exact name of registrant as specified in its charter) Delaware 22-2781933 (State or other jurisdiction of (I ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-9576 Table of Contents O-I GLASS, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) 22 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-9576 OWENS-ILLINOIS, INC. (Exact name of registrant as specified in its charter) Securities registered pursuant to Section 12( ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-9576 OWENS-ILLINOIS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (IRS Employer inco ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-9576 OWENS-ILLINOIS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (IRS Employer inc ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10‑K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-9576 OWENS-ILLINOIS, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organizatio ...