Sealed Air Moves Forward with Major Acquisition to Enhance Sustainability and Operational Capabilities

### Sealed Air Prepares for Major Acquisition: A Step Towards Enhanced Operational Capabilities

Sealed Air Corporation stands at a crucial juncture as it moves forward with a substantial acquisition by an affiliate of Clayton, Dubilier & Rice (CD&R). During a special stockholder meeting held on February 25, 2026, shareholders express overwhelming support for the proposal, showcasing a united front in favor of transformative change within the company. This acquisition is integral to Sealed Air’s strategic vision to bolster its market position and enhance its sustainability efforts across various sectors, which range from food preservation to protective packaging and e-commerce solutions.

CEO Dustin Semach acknowledges the stockholders' confidence, emphasizing that the deal not only reflects their backing but also the company's trajectory towards adopting innovative practices that contribute positively to operational efficiency and environmental sustainability. The proposed transaction is expected to position Sealed Air favorably as it navigates the challenges of a competitive market while continuing to meet the diverse needs of its global clientele. The integration of CD&R’s resources and expertise is anticipated to further amplify Sealed Air's capabilities in delivering innovative packaging solutions, aligning with the company's commitment to sustainability.

As the transaction awaits customary closing conditions and regulatory approvals, the vote results will be meticulously documented in a Form 8-K that will be submitted to the U.S. Securities and Exchange Commission. This development not only signifies a pivotal moment in Sealed Air’s evolution but also represents its dedication to strategic partnerships that enhance operational capabilities and align with broader sustainability trends in the packaging industry. The company's robust revenue, amounting to $5.4 billion in 2024, further exemplifies its strong market presence and the trust it enjoys among its workforce, with approximately 16,400 employees serving customers in 117 countries and territories.

Sealed Air’s diverse portfolio, which includes renowned brands such as CRYOVAC®, SEALED AIR®, LIQUIBOX®, AUTOBAG®, and BUBBLE WRAP®, underlines its commitment to delivering innovative packaging solutions tailored to meet the evolving needs of its customers. As the company embarks on this transformative acquisition, stakeholders remain aware of the forward-looking nature of this undertaking, recognizing that several conditions must be met before the transaction's completion.

The acquisition by CD&R marks not just a significant milestone in Sealed Air's journey but also reinforces its positioning as a leader in the global packaging sphere. This strategic growth initiative promises to bring further advancements to the company's operational capacities, ensuring that Sealed Air maintains its competitive edge in an industry that is increasingly focusing on sustainability and efficiency.