Disclosure Controls and Procedures
Introduction

Winpak is a public company subject to various rules and regulations governing, among other things, the obligation to disclose material information to the public. The Company, defined as a large company by the Canadian Securities Administrators, operates with a small head office staff. For an extended period of time, the majority of the Company's shares have been owned by a relatively small number of shareholders including the majority shareholder, Wihuri Oy of Finland, and various institutional investment and pension funds located mainly in Canada. Winpak has promoted a frank and open relationship with existing and potential shareholders ("investors") in the past. Winpak's Board of Directors embrace applicable regulations for public disclosure and within that framework encourages continued dialogue between investors and the Company's designated Spokespersons.