O-I Glass, Inc., through its subsidiaries, is one of the leading manufacturers of glass containers in the world, operating 64 glass manufacturing plants across 18 countries. The company competes in the glass container segment of the rigid packaging market, producing containers for beverages, food, and pharmaceutical products. It maintains a leading position in most countries where it has manufacturing facilities. The company has initiated a strategic review known as Fit to Win, aimed at reducing redundant production capacity, optimizing its manufacturing network, and streamlining costs to enhance shareholder returns through improved competitiveness and profitable growth.

O-I Glass, Inc. generates revenue primarily through the manufacture and sale of glass containers for alcoholic beverages such as beer, flavored malt beverages, spirits, and wine, as well as for food items, soft drinks, teas, juices, and pharmaceuticals. The company produces containers in a wide range of sizes, shapes, and colors and engages in new product development and innovation. It sells most of its products directly to customers under annual or multi-year supply agreements, with some sales conducted through distributors. Many customers provide regular estimates of their needs, enabling the company to schedule production and maintain appropriate inventory levels. Glass container manufacturing facilities are generally located in close proximity to customers to support efficient supply chain operations.

The company operates through the following segments: Americas and Europe.

• The Americas segment includes 30 glass container manufacturing plants located in Brazil, Canada, Colombia, Ecuador, Mexico, Peru, and the United States, along with interests in three joint ventures that manufacture glass containers. The company has a distribution facility in the U. S. used to import glass containers from its operations in Mexico. It holds the leading share of the glass container segment in the U. S. rigid packaging market based on sales revenue by domestic producers. In South America and Mexico, the company serves a diversified portfolio across alcoholic beverages, non-alcoholic beverages, and food markets, with a significant infrastructure for returnable or refillable glass containers. Principal competitors in the U. S. include Ardagh Group and Anchor Glass Container, while competition in Brazil involves Verallia and Vidrala-Vidroporto, and in Mexico includes Crown Holdings, Inc. and Orora Group.

• The Europe segment comprises 33 glass container manufacturing plants located in the Czech Republic, Estonia, France, Germany, Hungary, Italy, the Netherlands, Poland, Spain, and the United Kingdom, along with interests in two joint ventures in Italy. These plants primarily produce glass containers for alcoholic beverages, non-alcoholic beverages, and food markets in these countries. Throughout Europe, the company competes directly with manufacturers such as Verallia, Ardagh Group, Vetropack, Vidrala, and BA Vidro. It also faces competition from producers of alternative rigid packaging, including aluminum cans and plastic containers, as well as non-rigid alternatives like flexible pouches, aseptic cartons, and bag-in-box containers.

O-I Glass, Inc. is one of the leading manufacturers of glass containers globally and holds a leading position in most countries where it operates manufacturing facilities. In the Americas, it maintains the leading share in the U. S. glass container segment based on sales revenue by domestic producers. In Europe, it is among the leaders in the glass container segment of the rigid packaging market in the countries where it operates. The company competes with major multinational and regional glass container manufacturers, as well as producers of alternative packaging materials such as aluminum, plastic, and flexible formats. Its competitive advantages stem from innovation and branding capabilities, a global manufacturing footprint, and expertise in manufacturing know-how and process technology.

The company’s largest customers consist mainly of leading global food and beverage manufacturers, including Anheuser-Busch InBev, Brown Forman, Campari, Carlsberg, Coca-Cola, Diageo, Heineken, Molson Coors, Nestle, and Pernod Ricard. One customer, which operates in both the Europe and Americas segments, accounted for approximately 10% of consolidated net sales for the year ended December 31, 2025. The company serves a broad range of customers from large multinational corporations to small local breweries and wineries, seeking to provide products and services that create a competitive advantage through reliability, innovation, and responsiveness to customer needs.