Introduction to Winpak

Winpak Ltd. was incorporated under the Canada Corporations Act by Letters Patent dated September 29, 1975 and was continued under the Canada Business Corporations Act by Articles of Continuance dated November 9, 1976. Restated Articles of Incorporation were filed pursuant to the Canada Business Corporations Act on July 28, 1986.

The development of Winpak from its inception as a single company in 1976 until the present day has been accomplished through organic growth and acquisitions. The Company developed three streams of packaging technology as three business units: flexible materials, rigid packaging and lidding materials, and machines that employ the Company's packaging materials.

The Company seeks to be of sufficient size, while retaining its agility, to ensure customers recognize Winpak as a leading market participant with services and product quality equal to or better than other market participants.

On January 1, 2004, the Company adopted the U.S. dollar as its reporting currency, effective for financial statement reporting purposes as of January 1, 1999. Accordingly, currency values in reporting information forms are presented in U.S. dollars, unless otherwise specified.