Avery Dennison Corp
For the period ended Apr 30, 2026. Filed Mar 12, 2026.
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Apr 30, 2026 · Filed Mar 12, 2026
Contents
Peer Groups
For purposes of identifying the designated peer group to determine relative TSR for the 2023-2025 PUs and 2025-2027 PUs, the Committee used the following objective criteria: public companies primarily listed on a U.S. stock exchange (i) in similar industries based on their classification in five GICS groups (diversified chemicals, specialty chemicals, metal and glass containers, paper and plastic packaging products, and paper products); (ii) with market capitalization of at least $1.5 billion and revenues during the last 12 months between $3 billion and $30 billion; and (iii) no bankruptcies in the last three years.
| RELATIVE TSR PEER GROUP* | |
|---|---|
| Albermarle Corporation Amcor PLC AptarGroup, Inc. Ardagh Metal Packaging S.A. Avient Corporation Axalta Coating Systems Ltd. Ball Corporation Celanese Corporation Crown Holdings, Inc. Dupont de Nemours, Inc. Eastman Chemical Company Ecolab Inc. Graphic Packaging International LLC Greif, Inc. | H.B. Fuller Company Huntsman Corporation International Flavors & Fragrances, Inc. International Paper Company O-I Glass, Inc. Packaging Corporation of America PPG Industries, Inc. RPM International Inc. Sealed Air Corporation Silgan Holdings Inc. Sonoco Products Company Sylvamo Corporation The Chemours Company The Sherwin-Williams Company |
- The peer group for the 2025-2027 PUs also included Smurfit-Westrock plc and Sociedad Quimica y Minera
de Chile S.A.
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