On August 7, 2023, transactions took place in relation to the Mondi Share Incentive Plan (SIP) on behalf of directors of Mondi plc. The SIP is an all-employee trust arrangement approved by UK HM Revenue and Customs. UK employees are able to buy Ordinary shares in Mondi plc using monthly deductions from salary and receive allocations of free matching Mondi Shares. Two directors, Andrew King (Group CEO) and Mike Powell (Group CFO), acquired partnership and free matching shares via the SIP. Half of the shares acquired were acquired for nil consideration. The transactions took place on the London Stock Exchange.