Reynolds Consumer Products Inc.

During the quarter ended December 31,2025, none of our directors or officers (as defined in Rule 16a-1(f) of the Exchange Act)adopted orterminated any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act or any non-Rule 10b5-1 trading arrangement (as identified in Item 408(c) of Regulation S-K).

On January 29, 2026, the Company entered into amendments to the employment agreements (collectively, the “Amendments”) of Judith Buckner, Steve Estes and Lisa Smith (collectively, the “Executives”), each of whom is an executive officer of the Company. The Amendments modify certain post-termination compensation and benefits provisions of the Executives’ employment agreements. The material terms of the Amendments include:

1. Enhanced Cash Severance Prior to Sale: The Amendments increase the cash severance payable to each Executive upon a qualifying termination prior to a “sale of business” (as defined in the employment agreements) to include a prorated annual bonus at target for the year in which the termination occurs.

2. Enhanced Cash Severance Following Sale: The Amendments enhance severance benefits in the event of a qualifying termination within 12 months following a “sale of business” (as defined in the employment agreements) to include the Executive's annual bonus at target under the applicable multiplier.

3. Extended Health Benefits: The Amendments extend health benefits coverage from 12 to 18 months following a qualifying termination.

4. Section 280G Provisions: The Amendments address payments subject to Section 280G of the Internal Revenue Code, providing that if such payments would incur excise tax under Section 4999 of the Internal Revenue Code, they will either be (i) paid in full, with the Executive bearing the excise tax, or (ii) reduced to avoid the excise tax, depending on which option provides the greater after-tax benefit to the Executive.

Except for the changes described above, the material terms of the Executives’ employment agreements remain unchanged.

The foregoing description of the Amendments does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendments filed as exhibits to this Annual Report on Form 10-K.