Oslo, Norway - Element Logic and Ranpak Holdings Corp. (NYSE: PACK) have entered a
    strategic global partnership focused on integrating Ranpak's sustainable end-of-line
    packaging automation into Element Logic warehouse solutions.


    The partnership strengthens Element Logic's ability to deliver end-to-end warehouse
    automation solutions that help customers improve packing efficiency, reduce
    packaging material and shipped volume, and to packaging respond requirements that
    are being phased in under the EU Packaging and Packaging Waste Regulation (PPWR).

    As customer expectations, sustainability requirements, and operational complexity
    continue to increase, warehouse operators are seeking more integrated automation
    solutions across the entire fulfilment process. By combining Element Logic's expertise
    in warehouse automation, software and system integration with Ranpak's specialist
    capabilities in rightsizing, box forming, closing, computer vision and paper-based
    product protection, the two companies can deliver a more connected and efficient
    outbound logistics flow.

    The partnership builds on existing collaboration between the companies and enables
    Element Logic to incorporate Ranpak's packaging automation technologies as part of
    broader warehouse automation projects. Rather than treating packaging as a
    standalone process, customers can benefit from solutions where picking, packing and
    shipping are designed as part of one integrated operation.

    Ranpak's end-of-line automation replaces manual box-building with machines that
    automatically select, erect and right-size each box around the order. Combined with
    Element Logic's system design, software and automation expertise, these technologies
    can help customers reduce packaging waste, optimize transportation efficiency, and
    increase throughput and consistency in warehouse operations.

    The partnership reflects Element Logic's ambition to continuously expand its solution
    portfolio and support customers across the entire warehouse value chain, from
    inbound logistics and storage to order fulfilment, packaging and final shipment.

    "At Element Logic, we continuously expand our solution portfolio to help customers
    optimize warehouse performance from inbound processes to final shipment,” said CEO
    Ankush Malhotra. “Partnering with Ranpak strengthens our packaging offering and
    enables us to deliver even greater value through integrated, scalable and sustainable
    solutions."

    “We are proud to build this partnership with Element Logic, providing a trusted offering
    that covers end-of-line packaging processes while working synergistically with other
    core solutions in their implementations,” adds Ranpak CEO Omar Asali. “With Ranpak
    playing a role in these integrations, Element Logic is offering their customers the
    pinnacle of flexibility and efficiency as they design and integrate intralogistics flows.”

    About Element Logic
    Element Logic® optimizes warehouse performance by turning complexity into simplicity.
    Since 1985, the company has helped ambitious businesses gain a competitive edge
    through warehouse automation by combining advanced robotics, AI-powered software,
    and deep industry expertise.

    As a global leader in warehouse automation and the world's first and largest AutoStore™
    partner, Element Logic designs scalable, flexible solutions that improve efficiency,
    accuracy, and sustainability across the entire warehouse workflow.

    The company does not just provide technology; it builds the solutions that move
    businesses forward. By viewing the warehouse as a complete ecosystem, Element
    Logic delivers end-to-end solutions, from consulting and design to software and
    lifecycle support, ensuring customers benefit from continuous innovation as their
    needs evolve.

    At Element Logic®, it is the people who make the difference. Guided by bravery, passion
    and reliability, they deliver smarter solutions that help customers succeed. Optimizing
    warehouse performance is not just a slogan; it is the company's mission.
    Learn more at www.elementlogic.net and follow us on LinkedIn and YouTube.

    About Ranpak
    Founded in 1972, Ranpak's goal was to create the first environmentally responsible
    system to protect products during shipment. The development and improvement of
    materials, systems and total solution concepts have earned Ranpak a reputation as an
    innovative leader in e-commerce and industrial supply chain solutions. Ranpak is
    headquartered in Concord Township, Ohio and has approximately 850 employees.
    Learn more at www.Ranpak.com

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