1、Dear Fellow Stockholders:We are executing on our vision to become a world-class,digitallydrivencompanyautomatingsustainablepackaging solutions.We embarked on a journey to a market and customer centriccompany.Automation,digital,and sustainability are fuelingthe SEE Operating Engine for growth.Our pur
2、pose-we areinbusinesstoprotect,tosolvecriticalpackagingchallenges,and to make the world better than we find it-is resonating with customers.Our relentless focus to increaseproductivity,deliverflawlessquality,andreducelabordependency is the backbone of our solutions.In 2021,we delivered strong sales,
3、earnings,and returns forour stockholders,while overcoming dramatic inflationary,supply,and COVID challenges.Our results are a testamentto our culture,people,and powerful SEE Operating Engine.We are increasing our growth investments,to generate world-class returns,with a strong balance sheet and retu
4、rning capitalto stockholders.SalesAdj EBITDA*Adj EPS*Free Cash Flow*$5.5B$1.13B$3.55$497M+13%YoY+8%YoY+11%YoY+18%YoY CapexThese are exciting times.We are making bold moves building a world-class,digitallyempowered company,acting like a startup to disrupt the markets we serve,our industry,andourselve
5、s.We are investing in our people,operations,and customers to drive significant valuecreation for our stakeholders.Sincerely,Certain information set forth in this letter contains“forward-looking statements,”which are subject to risks and uncertainties,many of which areoutside our control and could ca
6、use actual results to differ materially from these statements.*Please see Sealed Airs Annual Report on Form 10-K filed on February 25,2021 for important information about the use of non-U.S.GAAPfinancial measures relevant to this letter,inc