Ardagh Glass Finance plc - Irish Stock Exchange

In addition, if our products fail to meet our usual rigorous standards, we may be required to incur
substantial costs in taking appropriate corrective action (up to and including recalling products from
consumers) and to reimburse customers and/or end consumers for losses that they suffer as a result of
this failure. Customers and end consumers may seek to recover these losses through litigation and,
under applicable legal rules, may succeed in any such claim despite there being no negligence or other
fault on our part. Placing an unsafe product on the market, failing to notify the regulatory authorities
of a safety issue, failing to take appropriate corrective action and failing to meet other regulatory
requirements relating to product safety could lead to regulatory investigation, enforcement action
and/or prosecution. Any product quality or safety issue may also result in adverse publicity, which may
damage our reputation. This could in turn have a material adverse effect on our business, financial
condition and results of operations. Although we have not had material claims for damages for
defective products in the past, and have not conducted any substantial product recalls or other material
corrective action in recent years, these events may occur in the future.
Our existing insurance coverage may be insufficient and future coverage may be difficult or expensive to
obtain.
Although we believe that our insurance policies provide adequate coverage for the risks inherent
in our business, these insurance policies typically exclude certain risks and are subject to certain
thresholds and limits. We cannot assure you that our property, plant and equipment and inventories
will not suffer damages due to unforeseen events or that the proceeds available from our insurance
policies will be sufficient to protect us from all possible loss or damage resulting from such events. As a
result, our insurance coverage may prove to be inadequate for events that may cause significant
disruption to our operations, which may have a material adverse effect on our business, financial
condition and results of operations.
We may suffer indirect losses, such as the disruption of our business or third party claims of
damages, as a result of an insured risk event. While we carry business interruption insurance and
general liability insurance, they are subject to certain limitations, thresholds and limits, and may not
fully cover all indirect losses.
We renew our insurance policies on an annual basis. The cost of coverage may increase to an
extent that we may choose to reduce our policy limits or agree to certain exclusions from our coverage.
Among other factors, adverse political developments, security concerns and natural disasters in any
country in which we operate may materially adversely affect available insurance coverage and result in
increased premiums for available coverage and additional exclusions from coverage.
National political and economic instability in the countries in which we operate could have a material
adverse effect on our business.
We are a multinational company operating in countries and regions with varied economic and
political conditions and sensitivities. Our operations and earnings may, therefore, be adversely affected
by political or economic instability and unrest in some of these countries including financial crisis, civil
unrest, wars, international conflicts, greater and tighter government regulation on cross border trading,
production, pricing and the environment.
Currency, interest rate fluctuations and commodity prices may have a material impact on our business,
financial condition and results of operations.
Our reporting currency is the euro. However, a substantial portion of our assets, liabilities,
revenues and expenses is denominated in pounds, Swedish kronor, Danish kroner and Polish zloty.
Fluctuations in the value of these currencies with respect to the euro have had, and may continue to
have, a significant impact on our financial condition and results of operations as reported in euro. For
31