O-I GLASS TO DETAIL STRATEGIC INITIATIVES TO DRIVE LONG-TERM VALUE

Core Viewpoint - O-I Glass, Inc. is set to present strategic initiatives aimed at enhancing its market position and delivering long-term shareholder value during its Investors Day on March 14, 2025 [1][2] Company Strategy - The presentation titled "The Power of Glass" will include insights from the leadership team and cover business strategy, financial review, and future growth plans [2] - The company emphasizes a multi-horizon approach to value creation focusing on cost competitiveness, productivity, and strategic optionality to reshape the business [3] Value Creation Roadmap - Horizon 1 – Fit to Win: O-I aims to reduce total enterprise costs and optimize its value chain, targeting savings of at least $650 million by 2027 [6] - Horizon 2 – Profitable Growth: The company plans to leverage its competitive position to drive growth by expanding into attractive categories and enhancing customer relationships [6] - Horizon 3 – Strategic Optionality: O-I will pursue geographic expansion and balanced capital allocation while consistently returning capital to shareholders [6] Financial Overview and Guidance - O-I reaffirms its 2025 guidance of Adjusted Earnings between $1.20 and $1.50 per share and Free Cash Flow of $150 to $200 million [6] - The company also reaffirms its 2027 targets, including Adjusted EBITDA of at least $1.45 billion and Free Cash Flow greater than 5% of sales [6] - Preliminary objectives for 2029 include benefits from Profitable Growth and Strategic Optionality efforts [6] Company Background - O-I Glass is a leading global producer of glass bottles and jars, emphasizing the sustainability and recyclability of glass packaging [5] - The company operates approximately 69 plants in 19 countries and achieved revenues of $6.5 billion in 2024 [7]