Item 5. Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities

Market Information

Our ordinary shares are currently listed on the New York Stock Exchange (NYSE) under the ticker “SW” and began trading on July 8,

2024. Prior to that date, there was no public trading market for our ordinary shares on the domestic stock exchanges. Our ordinary

shares also trade under the symbol “SWR” on the London Stock Exchange.

Holders

As of February 20, 2026, there were 4,955 shareholders of record of our ordinary shares. The number of record holders of our ordinary

shares does not reflect the number of persons or entities holding their shares in “street” name through brokerage firms or other

nominee holders.

Recent Sales of Unregistered Equity Securities

None.

Issuer Purchases of Equity Securities

None.

Dividends

On February 3, 2026, the Company announced that its Board approved a quarterly dividend of $0.4523 per share on its ordinary shares

representing a $1.81 annualized dividend, or an increase of 5% from the prior dividend. The quarterly dividend is expected to be paid

on March 18, 2026 to shareholders of record at the close of business on February 17, 2026. In fiscal 2025, 2024 and 2023 the

Company paid dividends totaling $1.72, $1.89 and $1.50 per share, respectively.

In certain circumstances, as an Irish tax resident company, we may be required to deduct Irish dividend withholding tax (“DWT”)

(currently at the rate of 25%) from dividends paid to our shareholders. Shareholders residing in “relevant territories” (including

countries that are European Union member states (other than Ireland), the United States and other countries with which Ireland has a

tax treaty) may be exempted from Irish DWT. However, shareholders residing in other countries will generally be subject to Irish

DWT.

The declaration of dividends is subject to the discretion of Smurfit Westrock’s Board. Our Board is committed to continuing to pay

regular cash dividends; however, there can be no assurance as to future dividends. The Board will consider various factors when

determining whether to pay dividends, including but not limited to, Smurfit Westrock’s results of operations, capital investment

priorities, the market price of Smurfit Westrock’s ordinary shares and access to capital markets, as well as legal requirements

(including requirements relating to availability of distributable reserves), industry practice and other factors deemed relevant by the

Board. For additional information, see “Risk Factors—Any dividend payment in respect of our shares is subject to a number of

factors, including the distributions of earnings to the Company by its subsidiaries, the financial condition and results of operations of

the Company, as well as the distributable reserves of the Company and the discretion of the Company’s Board, and there are no

guarantees that the Company will pay dividends or the level of any such dividends.”

Performance Graph*

The following graph compares cumulative total shareholder return on the Company’s ordinary shares against the Standard & Poor’s

(“S&P”) 500 Stock Index and the Dow Jones Containers & Packaging Index from July 8, 2024 (the first day our ordinary shares began

trading on the NYSE) through December 31, 2025. The graph is indexed at $100 on July 8, 2024 for each of the Company’s ordinary

shares, the S&P 500 Stock Index and the Dow Jones Containers & Packaging Index. It also assumes that all dividends were

reinvested. The comparisons in the graph below are based upon historical data and are not indicative of, nor intended to forecast,

future performance of our ordinary shares.

***The above performance graph shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or incorporated by reference into any filing of Smurfit Westrock under the Securities Act or the

Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Equity Compensation Plan Information

See Part III, Item 12 “Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters” below.