(NYSE BERY)

August 2013

Safe Harbor Statements

Forward-Looking Statements This presentation contains forward-looking statements which involve risks and uncertainties. You can identify forward-looking statements because they contain words such as believes, expects, may, will, should, would, could, seeks, approximately, intends, plans, estimates, or anticipates or similar expressions that relate to our strategy, plans or intentions. All statements we make relating to our estimated and projected earnings, margins, costs, expenditures, cash flows, growth rates and financial results or to our expectations regarding future industry trends are forward-looking statements. In addition, we, through our senior management, from time to time make forward-looking public statements concerning our expected future operations and performance and other developments. These forward-looking statements are subject to risks and uncertainties that may change at any time, and, therefore, our actual results may differ materially from those that we expected. We derive many of our forward-looking statements from our operating budgets and forecasts, which are based upon many detailed assumptions. While we believe that our assumptions are reasonable, we caution that it is very difficult to predict the impact of known factors, and it is impossible for us to anticipate all factors that could affect our actual results. All forward-looking statements are based upon information available to us on the date of this presentation. Important factors that could cause actual results to differ materially from our expectations, which we refer to as cautionary statements, are disclosed under Risk Factors in our public filings including, without limitation, in conjunction with the forward-looking statements included in this presentation. All forward-looking information in this presentation and subsequent written and oral forward-looking statements attributable to us, or to persons acting on our behalf, are expressly qualified in their entirety by the cautionary statements. Some of the factors that we believe could affect our results include: risks associated with our substantial indebtedness and debt service; changes in prices and availability of resin and other raw materials and our ability to pass on changes in raw material prices on a timely basis; performance of our business and future operating results; risks related to our acquisition strategy and integration of acquired businesses; reliance on unpatented know-how and trade secrets; increases in the cost of compliance with laws and regulations, including environmental, safety, production and product laws and regulations; risks related to disruptions in the overall economy and the financial markets may adversely impact our business; catastrophic loss of one of our key manufacturing facilities, natural disasters and other unplanned business interruptions; risks of competition, including foreign competition, in our existing and future markets; general business and economic conditions, particularly an economic downturn; the ability of our insurance to cover fully our potential exposures; and the other factors discussed in the section of our public filings titled Risk Factors. We caution you that the foregoing list of important factors may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this presentation may not in fact occur. Accordingly, investors should not place undue reliance on those statements. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. No Offer or Solicitation; Further Information This presentation should be read together with Managements Discussion and Analysis of Financial Condition and Results of Operations and the consolidated financial statements and the related notes thereto included in our public filings. Non-GAAP Financial Measures This presentation includes certain nonGAAP financial measures intended to supplement, not substitute for, comparable measures. Reconciliations of nonGAAP financial measures to GAAP financial measures are provided at the end of the presentation. Investors are urged to consider carefully the comparable GAAP measures and the reconciliations to those measures provided.

Berry Plastics at a Glance

Significant Scale
Leading provider of value-added plastic consumer packaging and engineered materials #1 or #2 market position in > 76% of LTM sales (1) 80+ manufacturing facilities primarily in North America

Attractive Growth Characteristics

Focused on growing, consumer-centric end markets Proven R&D platform creates breakthrough products and technologies Established track record as an industry consolidator

Strong Free Cash Flow Profile

LTM 06/29/13 PF Adj. Free Cash Flow of $266 (2) 17.5% LTM 06/29/13 Adjusted EBITDA margin LTM 06/29/13 Net Sales and Adj. EBITDA of $4,647 and $811 (3)

Significant Management Ownership Incentivized to Create Shareholder Value

Note: Dollars in millions (1) Per managements estimate (2) See slide 13 (3) Adjusted EBITDA reflects pro forma acquisitions and unrealized cost reductions

Our Business

Engineered Materials
Revenue: $1.4 Billion Adj. EBITDA: $202 Million Adj. EBITDA Margin: 15%

Rigid Open Top

Revenue: $1.1 Billion Adj. EBITDA: $241 Million Adj. EBITDA Margin: 21%

Flexible Packaging
Revenue: $0.7 Billion Adj. EBITDA: $80 Million Adj. EBITDA Margin: 11%
LTM Revenue and Adjusted EBITDA as of 06/29/13

Rigid Closed Top

Revenue: $1.4 Billion Adj. EBITDA: $288 Million Adj. EBITDA Margin: 21%

Berry Serves a Diverse Customer Base Across a Broad Range of Growing, Consumer-Centric End Markets

Sales by End Market

Over 76% of sales in stable, consumer oriented end markets
Oil & Gas 3% Industrial 23% 39% Other Retail Household Healthcare Personal Care Foodservice 2% 3% 6% 7% 8% 9% Food / Beverage

Low Customer Concentration

Longstanding relationships with diverse mix of leading multi-national, regional and local customers Over 13,000 customers; top customer represents 3% of sales with top 10 customers represent 17% of sales

Consumer Oriented End Markets

Note: Customer concentration based on fiscal 2012 net sales; list of customers to which Berry has sold products in the last 2 years.

Strong Financial Performance

Net Sales

Adjusted EBITDA

$4,418

$4,657

$4,701

$3,615

$3,202

$3,114

$814

$552

$1,170

$1,432

$408

$462

$494

'00

'01

'02

'03

'04

'05

'06

'07

'08

'09

'10

'11

'12

'00

$80

'01

$111

'02

$114

'03

$119

'04

$161

'05

$213

'06

$275

'07

$419

'08

$454

'09

$496

'10

$559

'11

$686
'12

EBITDA Growth Every Year Since 1990

Note: Reflects calendar year results. Dollars in millions. 2012 Adj. EBITDA reflects pro forma acquisitions and unrealized cost reductions.

$812

Strong Margins and Free Cash Flow

06/29/13 LTM Adj. EBITDA Margin
18% 14%

06/29/13 LTM Adj. EBITDA Capex Margin

17.6%

17.5%

13% 12.2% 16% 12% 11.4% 11.1% 11% 10.5% 9.7% 9.1% 12.5% 12% 9% 12.3% 12.2% 12.0% 8% 7.5% 8.6%

14%

13.6%

10% 13.4%

7%

10% ATR BERY SLGN BLL SEE BMS CCK SON

6% BERY ATR SEE SLGN BMS BLL CCK SON

Berry has Leading EBITDA and Cash Flow Margins

Note: EBITDA figures adjusted for special and non-recurring items such as share-based incentive compensation, business consolidation costs, restructuring expenses, and debt extinguishment. Source: Public filings

Proven Ability to Manage Resin Price Volatility

Increased Profitability Despite Volatile Resin Pricing Resin Primary Raw Material
Resin comprises approximately 50% of cost of goods sold
110 100 90 Cents per LBS 80 70 60 50 40 40.0% 35.0% 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% Quarterly 25% 25% Other 5% Market Based

Vast majority of resin movements passed through to customers Approximately 70% of resin cost increases pass through within 60 days and 95% passed through within 90 days

Resin Price Pass-Through Mechanisms

PP Price

PE Price

Operating EBITDA Margin

10% Bi-Monthly 35% Monthly

Source: Company Management and CMAI.

Capital Structure
Flexible, Long-Dated Capital Structure
Maturity Jun 2013

Liquidity Profile
Jun-13 Revolver availability Borrowing base reserve Letters of credit Outstanding revolver Cash balance Total Liquidity $ $ 650 (68) (43) 0 25 564

Cash and cash equivalents

$25

Capital Leases and Other Revolving line of credit (L+2%) Incremental Term Loan ([L or 1% floor]+2.5%) Term Loan (L+2%) 9.5% Second Priority Notes 9.75% Second Priority Notes Group Term Loan (L+7%) Total Net Debt LTM Adjusted EBITDA

Various Jun 2016 Feb 2020 Apr 2015 May 2018 Mar 2021 Jun 2014

$102 1,397 1,125 500 800 18 $3,917 $811

Advantageous Structure
Minimal near term debt maturities Minimal short-term annual debt repayment obligations Liquidity in excess of $560 million at quarter end Negligible covenant requirements

Total Net Debt / Adjusted EBITDA

4.8x

Reduced interest expense by $25 million versus PY quarter

Note: Dollars in millions

Strategic Goals to Increase Shareholder Value

Leader in plastic packaging highest growth substrate Focused on stable end-markets with favorable long-term growth dynamics Interface of rigid and flexible

Disciplined approach Focused on Latin America and Asia At or above Companys average EBITDA margins

Leverage reduction goal of turn per year Value accretive acquisitions Residing in a 2-4x range History of exceeding synergy estimates Replacing higher cost debt with lower cost debt

10

New Product Innovation

Unique New Product Innovations at the Interface of Rigid and Flexible Technology More than 20 Patents on Versalite, NuSeal, and Barricade
11

Focus on Growing Internationally

Plastics - preferred material globally Disciplined approach to growth Focused on Latin America and Asia At or above Companys average EBITDA margins Growth opportunities with long-standing customer relationships 96% net sales in North America significant opportunity for global expansion Recently committed capital in Brazil

Corporate Headquarters Rigid Closed Top Division - 3 Flexible Packaging Division - 2 Engineered Materials Division - 8

New Brazil investment in specialty closures underway for existing global customers
12

Attractive Cash Flow Characteristics

Components of Free Cash Flow
LTM 06/29/13 Adjusted EBITDA Less: Capex (net) Less: PF - Cash Interest Less: PF - Adjustments Less: PF - TRA Payment Less: Working Capital and Other Adj. Free Cash Flow Adj. Free Cash Flow per Share
(2) (1)

Net Debt / Adjusted EBITDA

$811 (216) (216) (18)
6.0

Every 1x of deleveraging equates to ~$6.73 per share of equity value creation (2)

8.0
7.3x

7.0

6.5x 6.0x 5.5x 4.8x

(57) (38)

5.0 4.0 3.0 Dec '10 Jun '11 Dec '11 Sept '12

Jun '13

$266 ~ $2.21
Leverage reduction goal of turn per year; residing in a 2-4x range

Strong Free Cash Flow Generation and Earnings Growth Results in Deleveraging
Note: Dollars in millions, except per share amounts. (1) Includes changes in working capital, acquisition integration costs, management fee and certain other costs. (2) Based on diluted shares of 120.6 million as of 06/29/13.

13

Unparalleled Track Record as Industry Consolidator

35 acquisitions over 25 years Core competency of integrating acquisitions Disciplined purchase prices drive significant value creation Bolt-ons that add complementary products Track record of strong synergy capture

20062006 -2013
13

20012001 -2005
7

19901990 -1995
5

19961996 -2000
10

APM

Alpha Products

14
Number of acquisitions

Long Term Corporate Vision to Maximize Shareholder Value

Sustainable Competitive Advantages

Proven Organic Growth Strategy

Long-standing Diversified Blue Chip Customer Base

Proven Acquisition Growth Strategy

Leading Position in Many Product Lines

Consistently Strong Financial Performance

Deep and Experienced Management Team

15

Appendix: Financial Data

(1) Adjusted EBITDA, Adjusted free cash flow, and Adjusted net income should not be considered in isolation or construed as an alternative to our net income (loss) or other measures as determined in accordance with GAAP. In addition, other companies in our industry or across different industries may calculate Adjusted EBITDA, Adjusted free cash flow, and Adjusted net income and the related definitions differently than we do, limiting the usefulness of our calculation of Adjusted EBITDA, Adjusted free cash flow, and Adjusted net income as comparative measures. EBIT, Operating EBITDA, Adjusted EBITDA, Adjusted free cash flow, and Adjusted net income are among the indicators used by the Companys management to measure the performance of the Companys operations and thus the Companys management believes such information may be useful to investors. Such measures are also among the criteria upon which performance-based compensation may be based.

16

EXHIBIT 1
Quarterly Period Ended June 29, 2013 June 30, 2012 Four Quarters Ended June 29, 2013

Net income Add: interest expense Add: income tax expense EBIT Add: depreciation and amortization Add: restructuring and impairment Add: extinguishment of debt Add: other expense Operating EBITDA Add: pro forma acquisitions Add: unrealized cost savings Adjusted EBITDA

$40 57 22 $119 86 1 2 $208 1 $209

$9 82 7 $98 86 4 11 $199

$54 269 28 $351 351 8 64 19 $793 4 14 $811

Note: Dollars in millions.

17