Transaction Details

Footnotes

Represents Class A Common Stock underlying the performance-based restricted stock units ("Performance RSUs") earned on March 5, 2026 as determined by Ranpak based on pre-established performance goals. The earned Performance RSUs vest in three equal installments on each of March 10, 2026, March 10, 2027 and March 10, 2028. | Vivoli Holdings holds 1,333,679 shares of Class A common stock. Mr. Asali controls Vivoli Holdings. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. | These shares are held in trusts for which Mr. Asali's children are the beneficiaries and in respect of which Mr. Asali may be deemed to have beneficial ownership.