X0206 3 2020-09-01 0 0000008818 Avery Dennison Corp AVY 0001823327 Walker Ignacio J 207 GOODE AVE GLENDALE CA 91203 0 1 0 0 VP and Chief Legal Officer Common Stock 2373 D Common Stock (Savings Plan) 536.0054 I Savings Plan 2017 MSU Award 0 2018-02-23 2021-02-23 Common Stock 476 D 2018 MSU Award 0 2019-02-22 2022-02-22 Common Stock 761 D 2018 PU Award 0 2021-02-22 2021-02-22 Common Stock 1554 D 2019 MSU Award 0 2020-02-28 2023-02-28 Common Stock 1019 D 2019 PU Award 0 2022-02-28 2022-02-28 Common Stock 1653 D 2020 MSU Award 0 2021-02-27 2024-02-27 Common Stock 1547 D 2020 PU Award 0 2023-02-27 2023-02-27 Common Stock 1349 D Market-leveraged stock units vest 25% over one-, two-, three- and four-year performance periods, with the number of shares paid on each vesting date based on the Company's absolute total stockholder return, plus dividend equivalents accrued during the vesting period. Each market-leveraged stock unit represents a contingent right to receive one share of Avery Dennison Corporation common stock, plus dividend equivalents. Performance units vest, if at all, at the end of fiscal year 2020, provided certain performance objectives are met as determined by the Compensation Committee in February 2021. Each performance unit represents a contingent right to receive one share of Avery Dennison Corporation common stock. Performance units vest, if at all, at the end of fiscal year 2021, provided certain performance objectives are met as determined by the Compensation Committee in February 2022. Each performance unit represents a contingent right to receive one share of Avery Dennison Corporation common stock. Performance units vest, if at all, at the end of fiscal year 2022, provided certain performance objectives are met as determined by the Compensation Committee in February 2023. Each performance unit represents a contingent right to receive one share of Avery Dennison Corporation common stock. /s/ Maribel Cabrera POA for Ignacio J Walker 2020-09-03