Exhibit 99.1 Reynolds Consumer Products Reports First Quarter 2024 Financial Results First Quarter Net Income and Adjusted EBITDA Increased 188% and 49% Full Year Net Income Guide Increased, Net Revenue and Adjusted EBITDA Guide Reiterated Record Q1 Cash Flow and $50 Million Voluntary Principal Payment Made After Quarter End Net Debt Leverage1 Reduced to 2.5x at Quarter End LAKE FOREST, Ill., May 8, 2024 – (BUSINESSWIRE) – Reynolds Consumer Products Inc. (“RCP” or the “Company”) (Nasdaq: REYN) today reporte ...