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April 21, 2026

Sonoco Reports First Quarter 2026 Results

Hartsville, S.C., U.S. - Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today reported financial results for the first quarter ended March 29, 2026.

Summary:

•Net sales in the first quarter were $1.7 billion

•Reported first quarter U.S. generally accepted accounting principles (“GAAP”) net income attributable to Sonoco of $67.6 million, up from $54.4 million in the same period in 2025; GAAP operating profit of $127.1 million, compared with $126.9 million in the same period in 2025

•Diluted earnings per share (“EPS”) attributable to Sonoco was $0.68, up from $0.55 in the same period in 2025

•Achieved adjusted net income attributable to Sonoco in the first quarter of $119.4 million, and reported adjusted diluted earnings per share of $1.20

•Generated first quarter adjusted operating profit of $200.8 million and adjusted EBITDA of $276.5 million

•As expected, net cash used by operating activities totaled $(367.9) million in the first quarter, which included approximately $103 million in one-time taxes paid in 2026 on gains from the sales of the divested Thermoformed and Flexibles Packaging and global Trident (“TFP”) and ThermoSafe businesses in 2025

•Officially opened a new paper can production facility in Nong Yai, Thailand, to serve the growing stacked chip market in Asia

•Investing approximately $20 million to add new nailed wood reel production capacity at the Company’s Hartselle, AL, facility to meet growing wire and cable infrastructure demand to support artificial intelligence (“AI”) data centers

2026 Guidance:

•Projected full-year adjusted EBITDA and cash flows from operating activities remain unchanged at $1.25 billion to $1.35 billion and $700 million to $800 million, respectively.

•Targeting the low end of previous full-year adjusted diluted EPS guidance of $5.80 to $6.20, stemming from projected inflationary pressures and lower demand due to the uncertain macroeconomic and geopolitical environment.

*Note: References in today’s news release to 2025 consolidated “net sales,” “operating profit,” and “adjusted operating profit,” and Consumer Packaging “segment operating profit” and “segment adjusted EBITDA,” do not include results of TFP, which was sold in April 2025 and is accounted for as discontinued operations in periods prior to the sale.

-more-

Sonoco Reports First Quarter 2026 Results - Page 2

First Quarter 2026 Consolidated Results

(Dollars in millions except per share data)

Three Months Ended

GAAP ResultsMarch 29, 2026March 30, 2025Change

Net sales1 $1,676 $1,709 (1.9)%

Net sales related to discontinued operations— 321 NM

Operating profit1 127 127 0.2 %

Operating profit related to discontinued operations

— 38 NM

Net income attributable to Sonoco 68 54 24.2 %

EPS (diluted)0.68 0.55 23.6 %

Three Months Ended

Non-GAAP Results2

March 29, 2026March 30, 2025Change

Adjusted operating profit1 $201 $213 (5.6)%

Adjusted EBITDA277 338 (18.1)%

Adjusted net income attributable to Sonoco119 137 (12.8)%

Adjusted EPS (diluted)1.20 1.38 (13.0)%

NM = Not Meaningful

1Excludes results of discontinued operations.

2See the Company’s definitions of non-GAAP financial measures, explanations as to why they are used, and reconciliations to the most directly comparable GAAP financial measures later in this release.

•First quarter 2026 net sales of $1.7 billion were down (1.9)% compared to the corresponding prior-year quarter, driven primarily by the November 3, 2025 divestiture of the ThermoSafe temperature assured packaging business. Additionally, net sales benefited from higher prices implemented to offset the effects of inflation and tariffs and from the favorable impact of foreign exchange rates, partially offset by lower volume/mix.

•GAAP operating profit for the first quarter was flat at $127 million due to productivity savings from fixed cost reduction initiatives and procurement savings along with a positive price/cost environment. These positive factors were offset by the absence of operating profit from the divested ThermoSafe business and lower volume/mix. Adjusted operating profit and adjusted EBITDA for the first quarter were $201 million and $277 million, respectively.

•Effective tax rates on GAAP income from continuing operations before income taxes and adjusted income from continuing operations before income taxes, were 12.4% and 25.5%, respectively, in the first quarter, compared to 30.9% and 25.7%, respectively, in the same period in 2025.

“We are proud of our team’s solid performance in the first quarter despite disruptions from severe winter weather which impacted our customers and our operations, a fire that destroyed a recycling facility in South Carolina and the effects of rapidly changing macroeconomic and geopolitical conditions,” said Howard Coker, President and Chief Execut

son-202602160000091767false00000917672026-02-162026-02-16

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 16, 2026

SONOCO PRODUCTS COMPANY

Commission File No. 001-11261

South Carolina 57-0248420

(State or other jurisdiction of incorporation)(IRS Employer Identification No.)

1 N. Second St. Hartsville, South Carolina 29550 (Address of principal executive offices)(Zip Code) (843) 383-7000 (Registrant's telephone number, including area code) (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading symbol(s)Name of each exchange on which registered No par value common stock SONNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company    ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02    Results of Operations and Financial Condition.

On February 16, 2026, Sonoco Products Company (the "Company") issued a news release reporting its financial results for the quarter and year ended December 31, 2025. The Company also provided guidance for the full year 2026. A copy of that release is attached as an exhibit hereto.

Item 9.01    Financial Statements and Exhibits.

(d) Exhibits Exhibit No.Description of Exhibit 99Registrant's Fourth Quarter and Full Year 2025 Earnings Release

104Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

SONOCO PRODUCTS COMPANY

Date: February 17, 2026By:/s/ Paul Joachimczyk Paul Joachimczyk Chief Financial Officer

son-202510220000091767false00000917672025-10-222025-10-22

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 22, 2025

SONOCO PRODUCTS COMPANY

Commission File No. 001-11261

South Carolina 57-0248420

(State or other jurisdiction of incorporation)(IRS Employer Identification No.)

1 N. Second St. Hartsville, South Carolina 29550 (Address of principal executive offices)(Zip Code) (843) 383-7000 (Registrant's telephone number, including area code) (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading symbol(s)Name of each exchange on which registered No par value common stock SONNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company    ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02    Results of Operations and Financial Condition.

On October 22, 2025, Sonoco Products Company (the "Company") issued a news release reporting its financial results for the quarter ended September 28, 2025. The Company also provided guidance for the full year 2025. A copy of that release is attached as an exhibit hereto.

Item 9.01    Financial Statements and Exhibits.

(d) Exhibits Exhibit No.Description of Exhibit 99Registrant's 2025 Third Quarter Earnings Release

104Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

SONOCO PRODUCTS COMPANY

Date: October 22, 2025By:/s/ Paul Joachimczyk Paul Joachimczyk Chief Financial Officer