MENTOR, Ohio--Avery Dennison Corporation, a leading global materials science and digital identification solutions company, announced today that it has priced an underwritten public offering of €500 million aggregate principal amount of 4.000% Senior Notes due 2035. The Senior Notes were priced at 99.394% of their principal amount. The offering is expected to close on September 11, 2025, subject to customary closing conditions.

The company intends to use the net proceeds from the offering for general corporate purposes, including to finance acquisitions and repay existing indebtedness under its commercial paper program.

The joint book-running managers for this offering are Citigroup Global Markets Limited, Merrill Lynch International, Mizuho International plc, Goldman Sachs & Co. LLC, J.P. Morgan Securities plc, PNC Capital Markets LLC and Standard Chartered Bank, with Academy Securities, Inc., Bank of China (Europe) S.A., HSBC Continental Europe, ING Bank N.V. Belgian Branch and SMBC Bank International plc as co-managers.

The offering is being made pursuant to an effective registration statement (containing a prospectus) that has been filed with the Securities and Exchange Commission (the “SEC”). A preliminary prospectus supplement related to the offering has been filed with the SEC and is available on the SEC’s website at http://www.sec.gov. A copy of the preliminary prospectus supplement and accompanying prospectus may also be obtained by calling Citigroup Global Markets Limited toll-free at +1-800-831-9146, Merrill Lynch International toll-free at +1-800-294-1322 and Mizuho International plc at +44-207-248-3920.

This press release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Any offer, solicitation or sale of these securities will be made only by means of the prospectus supplement and the accompanying prospectus.