X0306 4 2019-07-25 0000008818 Avery Dennison Corp AVY 0001392133 Butier Mitchell R 207 GOODE AVENUE GLENDALE CA 91203 1 1 Chairman, President and CEO Common Stock 2019-07-25 4 S 0 50000 116.21 D 158316 D Common Stock 2019-07-26 5 G 0 E 2000 0 D 156316 D Common Stock (Savings Plan) 3853.4432 I Savings Plan Transaction occurred pursuant to a Rule 10b5-1 Trading Plan established prior to the trade date. This transaction was executed in multiple trades at prices ranging from $115.60 to $116.97. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. The shares were a bona fide charitable gift to Loyola Marymount University. /s/ Vikas Arora POA for Mitchell R Butier 2019-07-26