Sustainability Report 2021 - Laminazione Sottile Group by Laminazione Sottile Group

SUSTAINABILITYREPORT 2021

2 CONTENTS

3 1. TO OUR PARTNERS 2. THE GROUP IN FIGURES 3. THE GROUP’S BUSINESS 3.1 Vision, mission and values 3.2 Activities, products, end-use sectors 3.3 Markets served and Group strategies 4. THE GROUP'S STRUCTURE 5. GOVERNANCE5.1Organisational Model 5.2 Privacy 5.3 SA 8000 Social Accountability Standard 6. ENVIRONMENTAL SUSTAINABILITY 6.1 The environmental management system 6.2 Integrated Environmental Authorisation (IEA) 6.3 Waste management 6.4 Energy resources 6.5 Water resources 6.6 Atmospheric emissions 6.7 Research and Development 7. HUMAN RESOURCES MANAGEMENT 7.1 People 7.2 Equal opportunities and gender equality 7.3 Training 7.4 Company welfare and trade union relations 8. OCCUPATIONAL HEALTH AND SAFETY 9. SUPPLY CHAIN MANAGEMENT 10. STAKEHOLDERS 11. ECONOMIC VALUE GENERATED AND DISTRIBUTED 12. COMMUNICATION 13. LOCAL COMMUNITIES 14. ASSOCIATIONS 15. DATA AND PERFORMANCE INDICATORS 16. NOTE ON METHODOLOGY 17. GRI STANDARDS COMPARISON TABLE 864 151312 1816 242422 26 37363534313029 38 46454441 84827472706462605648

Another accomplishment that makes me particularly proud was the 2021 launch of the Company Academy named after Guido Moschini. Training has always been a priority for the Group and represents a priceless competitive value. The Academy was founded to develop the professional and interpersonal skills of the people that make up our companies, sharing our internal technical and manufacturing

The Group has invested heavily in recent years to renovate its systems and technologies to order to increase production capacities and optimise the entire integrated supply chain while significantly reducing the environmental impact of our business and making our IT infrastructure more efficient and secure. An additional investment plan also enabled the implementation of several other projects, including the construction of a new entirely automated warehouse at the company Contital with a capacity of 15,000 pallets, the installation of a third high-performance coating line at Italcoat which will double the company’s production capacity, and the development of projects for new environmentally sustainable plants and processes. Specifically, we pursued our aim to reduce the energy consumption of our plants and to increase the proportion of selfproduced renewable energy with the extension of the photovoltaic plant, the output of which rose by almost 40% in 2021. In this historic period when energy price rises are severely hitting businesses and domestic users alike, the projects we’ve implemented also represent an element of the Group's social and economic sustainability, protecting employees’ jobs from the sudden fluctuations of the market and the instability of the international geopolitical scenario, the outcomes of which are still unpredictable.

2021 was a very atypical year for the Laminazione Sottile Group, when the continuation of the pandemic and growing energy and economic pressures collided with increased market demand for aluminium and new commercial opportunities which necessitated rapid responses in terms of development strategies and innovation.

TO PARTNERSOUR 1 (GRI 102-14)

CHAIRMANMOSCHINIMASSIMOANDCEO OF LAMINAZIONE SOTTILE S.P.A.

5 knowledge to optimise the ability to work as a team and adopting more effective practices and organisational models. Creating the Academy and managing its first year of activity relied on the enormous commitment of the resources involved, who developed a training plan of almost 200 courses on hard and soft skills delivered in different ways (classroom, onthe-job, online), by internal trainers or through partnerships with leading universities and institutions. Our people are the beating heart of our development plan, and encouraging their professional and personal growth is imperative for a Group such as ours that strives to improve year after year. Similarly, we are committed to protecting occupational health and safety and to supporting local communities. In the second year of the pandemic, Laminazione Sottile continued to respect the measures adopted to prevent the spread of the virus and implemented an intensive and continuous internal information campaign to actively promote appropriate conduct while informing employees of the changing local and national legislation. At the same time, it never ceased its support for the region, supporting cultural events and public health initiatives and supplying thousands of aluminium containers to public and social canteens or to initiatives to cut food waste. The 2021 Sustainability Report aims to show this ability to look towards the future despite the growing complexities of the situation, always with a view to continuous improvement and development. It is this ability that unites all of the Group's employees and brings us to the cusp of 100 years of business.

6 (GRI 102-7) THE GROUP IN FIGURES 2

7 70 INCOUNTRIESWHICHTHE GROUP OPERATES SITES SALES EBITDAREVENUES 9 € 659,247,232 € 49,285,170 TRAININGPROVIDEDHOURS 10,056 WORKFORCECOMPANY MANUFACTURING SITES WITH ISO CERTIFICATION14001 SITESMANUFACTURINGWITHISO45001CERTIFICATION 1,169 GROWTHWORKFORCECOMPAREDTOPREVIOUSYEAR +2.3% 80% 65%

The Laminazione Sottile Group evolved from the company of the same name, founded in Naples in 1923 and specialising in the manufacture of semi-finished aluminium products. After an initial period that focused on the production of closures and tubes for toothpaste, a process of industrial development began, based on diversifying the product range and aiming at new markets, while simultaneously investing in human resources, machinery and technology. In the 1960s, the plant was transferred to a 200,000 m2 site in the industrial zone of San Marco Evangelista (CE), which is still in operation today and produces aluminium rolls. Production has grown year after year, and in 2016 broke the threshold of 100,000 tonnes per year The company is one of Europe's biggest manufacturers of rolled aluminium, with exports representing over 65% of total production. In 1991 the company embarked on an expansion strategy through the creation of other companies.

8 3 THE BUSINESSGROUP’S

(GRI 102-1, 102-2, 102-3, 102-4, 102-6, 102-15, 102-16)

LAMINAZIONE

Registered offices: S. Marco Evangelista (CE) - Italy

I2R

9 GROUP COMPOSITION

SOLUTIONSPACKAGINGLTD Registered offices: Telford (Birmingham)United Kingdom Acquired: 2009 Activity: Production of bare and lacquered aluminium containers for food use IPS INDUSTRIALSOLUTIONPACKAGINGS.R.L.

Established: 1923 Activity: Manufacture of aluminium coils and sheets and alloys for industrial applications

CONTITAL S.R.L.

SOTTILE S.P.A. (PARENT COMPANY)

PLLANA GMBH Registered offices: Sachsenheim (Stuttgart) - Germany Acquired: 2018 Activity: Distribution of bare and lacquered aluminium foil and sheets

Registered offices: Çerkezköy / Tekirdağ - Turkey Established: 2019 Activity: Production of aluminium containers and rolls for food use

Registered offices: Pignataro Maggiore (CE) - Italy Established: 1991 Activity: Manufacture of containers, trays and plates in bare and lacquered aluminium; aluminium foil, clingfilm and baking paper; PET containers

CONTITAL TURKEY

I2R COMPANYKOREALIMITED Registered offices: Seoul - South Korea Established: 2016 Activity: Distribution of aluminium containers for food use

Registered offices: Alessandria (AL) - Italy Acquired: 2015 Activity: Manufacture of aluminium coils and sheets and alloys for industrial applications

Registered offices: Pignataro Maggiore (CE) - Italy Established: 1993 Activity: Manufacture of lacquered aluminium coils and sheets for industrial applications I2R INC. Registered offices: Richmond (Virginia)USA Established: 2020 Activity: Distribution of aluminium containers for food use

ITALCOAT S.R.L.

10 3 the group's business THE GROUP COUNTRIES 1923 SOTTILELAMINAZIONES.P.A. aluminiumRolled 1991 S.R.L.CONTITAL andAluminiumPETcontainers 1993 S.R.L.ITALCOAT Surface treatments and aluminium lacquer 2009 I2RsolutionsPackaging aluminiumExtra-rigid containers 2015 IPSpackagingIndustrialsolutions Aluminium for ﬂexible packaging 2016 I2R COMPANYKOREA LTD ofDistributionaluminium containers 2018 GMBHPLLANA Distribution of rolled aluminium 2020 INC.I2R Distribution of aluminium containers 2019 TURKEYCONTITAL containersAluminium COMPANIESIN

I2R BRCGS GRADE AA; ISO 14001:2015;SEDEX. IPS ISO 9001:2015; ISO 14001:2015; ISO 45001:2018; BRCGS GRADE AA; EMAS; ECOVADIS GOLD RATING; ASI PERFORMANCE STANDARD. IATF 16949:2016; ISO 9001:2015; ISO 14001:2015; ISO 45001:2018; SA 8000:2014;EMAS; AEO-F; ECOVADIS GOLD RATING; ASI PERFORMANCE STANDARD; KOSHER.

PLLANA ISO 9001:2015. CONTITAL TURKEY LAMINAZIONE SOTTILE ISO 9001:2015; ISO 14001:2015; ISO 45001:2018; EMAS; AEO-F; ECOVADIS PLATINUM RATING; ASI PERFORMANCE STANDARD ITALCOAT BRCGS GRADE AA; ISO 9001:2015; ISO 14001:2015; ISO 45001:2018; EMAS. BRCGS GRADE AA. CONTITAL I2R INC. I2R KOREA

SITES AND CERTIFICATIONS

12 3 the group's business

ASI CERTIFICATION In 2021, the Laminazione Sottile, Italcoat and IPS plants were awarded the ASI Performance Standard Certification. Issued by the Aluminium Stewardship Initiative Consortium, the Certification is specific to the aluminium supply chain and aligns with other certification schemes such as ISO 14001:2015, ISO 45001:2018 and SA 8000:2014. The ASI Performance Standard scheme applies a set of criteria to assess the Health and Safety, Environment, Social Responsibility, Governance and Sustainability aspects of the supply chain. Specifically, the Laminazione Sottile Group adopts a management system proven to align with the requirements of the ASI, respecting the 11 principle standards of the Standard: - Business integrity - Policy and management - Transparency - Sustainable management of emissions - Greenhouse gas emissions - Emissions, effluents and waste - Water management - Biodiversity - Human rights - Workers’ rights - Occupational health and safety

The system considers the following aspects: • respect for human rights • respect for employment rights • protection against child labour • the guarantee of a safe and hygienic working environment The company monitors these topics constantly, ensuring continuous compliance with the policies and procedures adopted and providing specific training on the topic to all new hires.

The SA 8000 management system is audited by a third-party certification body every six months. The two audits conducted in 2021 on the management system were concluded positively.

In order to guarantee the ethical nature of the management system, the Social Performance Team (SPT) was established to implement and ensure the correct application of the SA 8000 standard. Furthermore, in line with the provisions of the Group Code Of Ethics, Laminazione Sottile has adopted the SA 8000 Policy as further confirmation of the Group's corporate commitment to adopt the highest standards of ethics and sustainable business development. The management works to establish all the measures and provide the necessary resources to pursue these objectives and general principles, in line with the focus on continuous improvement in the company's social performance.

SOCIAL ACCOUNTABILITY STANDARD

SA8000 CERTIFICATIONETHICAL

Laminazione Sottile adopts and applies a corporate social responsibility system that aligns with the international standard SA 8000, which aims to certify certain aspects of corporate management in the field of corporate social responsibility, and shares this system with Group companies.

(GRI 102-16) The Group's vision and mission are shared with all employees and collaborators when they join the company and are backed up by regular internal communication activities and initiatives that actively engage employees (working groups, sporting and music Throughevents).this approach, the guidelines on which the Group bases its future development become a collective heritage and an integral part of the company experience.

The Laminazione Sottile Group is founded on a set of values that characterise all of the companies belonging to the Group. The values guide corporate decisions and are a point of reference for all employees and collaborators.

Our mission is to generate value: • becoming a trusted partner to our customers and supporting their growth; • expressing a corporate culture based on responsibility, shared values, communication and results.

VALUES: RESPECT FOR THE COMPANY

MISSION

OUR HISTORY We want to live up to our past, steering our Group into the future, ensuring continuity and development while still tradition.respecting

14 3 the group's business

PEOPLE We take care of our employees and their safety. We value people who express passion in their work, ethics, integrity and fairness.

3.1 VISION, MISSION AND VALUES

We pursue results with respect for collaborators, customers and suppliers, creating value and spreading the culture of work in the territory in which we operate.

We are committed to reducing the impact of our activities on the environment by optimizing resources based on a model for sustainable growth.

VISION A company shaped on aluminium: innovative and reliable, and sustainabledynamic

THE ENVIRONMENT

15 3.2

ROLLING & CONVERTING DIVISION

The wide range of uses of aluminium, combined with the ofconstantstrategiesadaptenablingkeyisandofdiversificationproductsendmarkets,oneoftheGroup'sstrengths,ustoourbusinesstotheevolutionsthemarket.

SECTORSEND‑USEPRODUCTS,ACTIVITIES, 102-2, 102-6)

The Group's companies are structured into three Business Units: ROLLING Manufacture of rolled aluminium CONTAINERS Production of aluminium containers, tubs and rolls CONVERTING Treatment and lacquering of aluminium foil In addition to these Units, the Group also operates three companies that manage the distribution of the manufactured products in specific geographical areas.

The semi-finished products manufactured by Laminazione Sottile (bare aluminium), Italcoat and IPS (lacquered and printed aluminium) are aimed at a broad range of market applications.

(GRI

CONTAINERS

DIVISION The primary market of the Containers Business Unit, which manufactures finished products, is the food sector. The companies operate in the B2B sector, with a limited range of products aimed at the B2C market. Direct customers include: • food industries; • distributors; • cash&carry, wholesalers; • mass distribution (private label and Contital brand); • Certainpackers.products are aimed at other target markets such as the beauty and floriculture sectors. The main sectors of application of rolled aluminium are: 3 the group's business

16 FLEXIBLE PACKAGING • Bottle closures • Chocolate wrappers • Yoghurt and creams • Processed cheese packaging • Blisterpacks and cold form foil HVAC-R • Radiator/evaporator fins • Heat exchangers • Refrigerator panels • Flexible tubes RIGID PACKAGING • Pharmaceutical closures • Bottle closures (wine, mineral water, oil) • Boxes and lids for food or cosmetic use SEMI-RIGID PACKAGING • Containers and trays • Tealight cups INDUSTRIAL APPLICATIONS • Adhesive foil • Electric cables • Multilayer pipes • Honeycomb panels • Light bulbs, neon light caps • Insulation panels AUTOMOTIVE • Heat and acoustic shields • Batteries • Structural and non-structural components CONSTRUCTION/INTERIOR DESIGN • Roofs, panels, suspended ceilings, roof capping • Roller shutters, shutters • Raised floors AEROSPACE • Structural components • Non-structural components

17 3.3 MARKETS SERVED AND STRATEGIESGROUP

The Laminazione Sottile Group adopts the following strategic •guidelines:investing in the growth and internationalisation of its business, both in terms of internal product ranges and acquisitions;

• respecting and protecting the environment through investments in technologies to reduce the environmental impact of its production activities through the reduction of emissions (including greenhouse gases) and water use, the use of renewable energy, energy recovery during combustion processes, and the reduction of solid waste directed to landfill;

B2B B2B COMPANIES REPRESENT ONE OF OUR TARGET MARKETS

• promoting the use of aluminium, nurturing the idea that semi-finished and finished products manufactured by Group companies are the best choice, for the quality of the metal and for the low environmental impact enabled by its infinite recyclability. Furthermore the Group continues to research solutions using classic rolled aluminium to manufacture increasingly lightweight, high performance and aesthetically superior products;

One of our main objectives is to pursue internationalisation and promote the

(GRI 102-6, 102-15)

• promoting the well-being and development of all collaborators through a policy aimed at training and skills development as well as on-the-job and classroom-based learning.

QualitymanufacturedaluminiumbyGroupcompanies.andsustainabilityrolledintoone.

18 THE STRUCTUREGROUP'S 4

PLLANAGMBH CONTITALTURKEY I2R INC. I2R KOREA IPS SRL I2R LTD ITALCOAT SRL CONTITAL SRL 19 LAMINAZIONESOTTILES.P.A.

20 5 GOVERNANCE (GRI 102-5, 102-18, 205-1, 205-3, 206-1)

21 SUPERVISORYBODY DEPARTMENTSGLOBAL LS ITC IPS CNT TURKEYCNT UKi2r KOREAi2r USAi2r PLLANA COMPLIANCE & INTERNAL COMMUNICATIONINFORMATIONAUDITTECHNOLOGYSALESMARKETING& HEALTH, SAFETY ENVIRONMENT& LEGAL RESEARCH DEVELOPMENT&FINANCEHUMANRESOURCESSUPPLYCHAIN BOARD STATUTORYOFAUDITORS BOARD OF DIRECTORS

CORPORATE APPOINTMENTSLAMINAZIONE SOTTILE SPA BOARD OF DIRECTORS Chair and CEO: M. Moschini CEO: L. Moschini CEO: P. Moschini Board of Directors: B. Gottfried T. E. Giulini A. A. Muntoni Chair: F. Parisio Standing auditors: C. M.MigliardiTardini Alternate auditors: M. Smith M. Pessina BOARD OF STATUTORY AUDITORS ITALCOAT Board of Directors: 3 members

members

Auditors: 1 member PLLANA Sole AdvisoryAdministratorBoard CONTITAL TURKEY Board of Directors: 3 members CONTITAL Board of Directors: 3 members Board of

Auditors: 5 members I2R UK Board of Directors: 3 members I2R KOREA Board of Directors: 3 members I2R INC. Board of Directors: 3 members CSR INDICATORS (GRI 102-7, 102-8, 401-1, 405-1) COMPOSITION OF THE BOARD OF DIRECTORS OF THE LAMINAZIONE SOTTILE GROUP BY GENDER AND AGE AGE MEN WOMEN TOTAL <30 0 0 0 from 30 to 50 5 2 7 >50 9 0 9

The Laminazione Sottile Group adopts a traditional management and control model, whose main corporate bodies are the Shareholders’ Meeting, the Board of Directors and the Board of Statutory Auditors. The Board of Directors of the Parent Company Laminazione Sottile SpA is responsible for defining and managing the strategic guidelines, as well as regularly monitoring the adequacy and effective functioning of the risk management system and sustainability policies. The Board of Directors approves the Sustainability Report, which represents the main document through which the Group describes its environmental and social impacts and identifies the relative risks and opportunities. The Board of Directors of Laminazione Sottile S.p.A. is also responsible for managing and coordinating the activities of the Group's investee companies and subsidiaries pursuant to Article 2497 et seq. of the Italian Civil Code, and monitoring their development. Board of Statutory Board of Directors: 5 Board of Statutory Statutory

22 5 goVernAnCe

Auditors: 5 members IPS

The Board of Directors is responsible for the ordinary and extraordinary management of the company. The Board defines and manages the strategic guidelines, the corporate sustainability strategy and the company objectives, and regularly monitors the adequacy and effective functioning of the risk management system.

5 goVernAnCe

MODELORGANISATIONAL

The Supervisory Body responds to the eligibility criteria provided for under Italian Legislative Decree 231/2001 and specified in the Organisation, Management and Control Model: integrity, autonomy and independence, and competence.

PURSUANT TO ITALIAN LEGISLATIVE DECREE

The duties, powers and responsibilities of the Supervisory Body are defined by a specific regulation. In conducting its control activities, the Supervisory Body is supported by various corporate departments - the Internal Audit department in particular - which in 2021 conducted audits on major corporate processes and the main areas identified within the Model as “sensitive”.

24 5.1

Businesses in Italy adopt Management and Control Models that define a set of principles, rules of conduct and operating procedures aimed at preventing the commission of unlawful conduct and guaranteeing ethical practices by all those who operate on behalf of the company, respecting the principles of lawfulness, integrity and transparency. The Models are approved by the BoD and contain general principles and specific rules. They are divided into a “general section” and “special sections” aimed at integrating the content in relation to certain categories of offence for which corporate responsibility applies, and are supported by administrative, organisational and technical procedures. To ensure the effective and constant application of the Organisation, Management and Control Models, and pursuant to article 6 of Italian Legislative Decree 231/01, a Supervisory Body vested with autonomous powers of initiative and control is established for each company, which is responsible for monitoring the correct implementation of the Organisation and Management model and providing for its relative update. As at 31 December 2021, four Supervisory Bodies (SB) are operational within the Group structure, specifically at the companies Laminazione Sottile SpA, Italcoat Srl, Contital Srl and IPS Srl. The SB is a collegiate body composed of three members, of which one is appointed Chair.

231/01, THE CODE OF ETHICS AND THE ANTI-CORRUPTION CODE (GRI: 205-1, 205-3, 206-1)

The Code of Ethics expresses the ethical commitments and responsibilities of the company in the context of its activities towards its customers and in the context of its internal activities with regard to all stakeholders including shareholders, employees and collaborators. The Models are based on the adoption of a Code of Ethics, which represents the principles, values and rules of conduct of the Companies of the Laminazione Group.Sottile In 2022 the Models adopted by Group companies will be updated in order to take into account the recent legislative changes brought about by the introduction of new predicate crimes.

The Supervisory Body is an executive body and reports directly to the Board of Directors, to which it refers any breaches of the Model.

The Code is therefore a set of principle that must be respected by all of its recipients in order to ensure the proper functioning, competent management and image of the Laminazione Sottile Group. The Code is supported by anonymous and protected reporting channels for breaches to the standards and the principles contained therein, which guarantee the anonymity of the whistleblower and are directed to the Supervisory Bodies of the various Group companies. The Code of Ethics can be consulted on the company websites and a notice on the adoption of the Code is given to all new hires; as regards suppliers, in order to be admitted for inclusion on the Supplier Register, all suppliers must acknowledge and accept the Code. In 2021 there were no identified or reported cases of corruption or anti-competitive conduct. Specifically, anti-corruption is governed by the 231 Model of each Company which considers, among relevant offences, those referred to in Articles 24 and 25 of the Decree, which refer to corruption in the Public Administration, and Article 25-ter, which includes private sector corruption and incitement to private sector corruption. To date, the Companies of the Laminazione Sottile Group have not deemed it necessary to adopt a specific anticorruption policy.

5.2

ANDPROTECTIONDATASECURITY

Privacy of information and data protection: the Laminazione Sottile Group confirms its constant commitment to personal data protection in line with European law.

In 2021, given the increased volume and type of data that had to be processed, partly in order to manage the pandemic (e.g., adoption of body temperature monitors in office entrances, Green Pass management procedures and relative access controls by employers, etc.), the Group's commitment to manage sensitive data in a way that meets legal requirements and also protects the security and priorities of the business became even more important. Furthermore, in 2018 the adoption of the European General Data Protection Regulation (GDPR) represented a renewed commitment to data protection. The Group is constantly committed to updating tools such as the data processing register, company policies, information, internal appointments, External Manager appointments, System Administrator appointments and regular updates, etc.

26 SUSTAINABILITYENVIRONMENTAL 6

For many years the Laminazione Sottile Group has adopted an environmental impact policy based on an approach to manufacturing that integrates long-term environmental sustainability targets, mainly aimed at reducing atmospheric emissions, improving energy efficiency, reducing industrial water consumption and the relative effluents, and reducing the amount of waste produced and the quantity of ancillary materials used in the production process. This has all been made possible thanks to a large-scale investment plan and the constant research into more environmentally sustainable products, processes and technologies. The “Integrated Policy for Quality, Safety and the Environment” clarifies, for each company, the strategy of the Laminazione Sottile Group, in terms of the values, vision and mission, and the commitment to adopt the principles of sustainable development, guaranteeing continuous improvements in environmental performance through the adoption of specific KPIs that precisely indicate the most effective areas for improvement. In particular, the Group aims to optimise resource management and reduce the risks of pollution, polluting emissions and waste.

27 Group.thearerationalefficiencyprotection,EnvironmentalenergyandtheuseofresourcesthekeyobjectivesofLaminazioneSottile IMPACT TARGETSAND

(GRI 103-1, 103-2, 103-3, 102-11, 201-4, 301-1, 301-2, 302-1, 302-3, 302-4, 303-1, 303-2, 303-3, 303-4, 303-5, 305-2, 305-5, 305-7, 306-2, 307-1)

Theproperties.recyclability

an infinite

without

ANNUAL SAVINGS in 2021 ENERGY 10.5% METHANE WATER WASTE 10,700 MWh -9% CO29,150 produced*tonneperproduced*tonneperproduced*tonneperproduced*tonneperproduced*tonnepert 2,200,000 Sm3 250,000 m3 790 t -8% -7% -24% -4% *Compared to 2020

28 6 enVironmentAl sustAinAbility

The Laminazione Sottile Group is strongly committed to recovering scrap aluminium from industrial processes. The semifinished products are supplied to customers that transform the material into finished products. The swarf is returned to the factory, where it is reused and transformed into rolled aluminium in a genuinely sustainable process that aligns perfectly with the principles of the circular economy. The Group is also committed to maximising the reuse of production waste. In 2021 no significant fines or sanctions were given to Group companies for noncompliance with environmental regulations. is 100% recyclable for number times losing any its of aluminium represents a key environmental advantage because primary production (smelting) is energyintensive (approx. 16 kWh/ kg), but this falls by 95% for secondary smelting of recycled (approx. 0.4aluminiumkWh/kg).

Aluminium

(ISO 14001 AND EMAS)

6.1

The Group's companies are certified according to Standard UNI EN ISO 14001:2015, which emphasises resource optimisation, context analysis, stakeholder engagement, continuous improvements in performance and compliance with all applicable regulations.

As part of its commitment to continuous improvement, the Group has voluntarily adopted Regulation (EC) 1221/2009 (EMAS III) and defined an environmental management programme that aligns with the Environmental Policy which is reviewed by Company Management and audited and approved once a year by a third-party certification body.

Specific internal communication campaigns aimed at all company employees aim to raise awareness of the certifications obtained and the importance of recycling and promote the adoption of effective waste separation practices.

SYSTEMMANAGEMENTENVIRONMENTALTHE

Various completed,auditsthree-yearlyhavebeenconfirmingtheachievementofalloftheGroup'ssustainabilityobjectives.

The implementation of this programme has triggered the development of a culture of Environmental Sustainability within Group companies and formalised the assumption of responsibility and the commitment to internal and external transparency. To date, various three-yearly audits have been completed, confirming that all of the targets defined in the various Environmental Declarations have been achieved and that the Laminazione Sottile Group complies with all applicable legislation.

AUTHORISATIONENVIRONMENTALINTEGRATED(IEA)

30 6 enVironmentAl sustAinAbility 6.2

Some of the Group's plants - specifically those operated by Laminazione Sottile S.p.A., Italcoat S.r.l. and IPS S.r.l. - hold Integrated Environmental Authorisations (IEA - in italian AIA), the measure for preventing and reducing pollution from the IPPC activities described in annex VIII of Italian Legislative Decree 152/06, as amended, and which defines measures aimed at preventing or reducing emissions into the air, water or soil, including those relative to waste, with a view to improving and monitoring the level of environmental protection.

The Authorisations were issued after a preliminary phase during which the following actions were carried out: • collection, sharing and analysis of plant and organisation data • monitoring of compliance with all legal environmental limits and the use of the best available technologies • identification of any actions aimed at continuous improvement • definition of a monitoring and control plan In 2021, following the IEA review process, Laminazione Sottile was awarded a new authorisation decree which considered the various environmental improvement projects implemented, such as the installation of a new fume extraction system in the aluminium foundry which channels the emissions from all of the smelters into four abatement systems, optimising system performance and reducing pollutant emissions. Meanwhile, approvals were given for the new plants scheduled for completion in 2022, which are aimed at increasing production capacity.

The company Contital S.r.l., which does not fall under the scope of the IPPC directive, holds the Sole Environmental Permit (in italian AUA) introduced under Italian Presidential Decree 59 of 2013 which amalgamates all existing environmental procedures set forth in industry regulations.

For many years the •••aimed at:ofincreasingbeenSottileLaminazioneGrouphascommittedtoitsusetechnologieswastereduction;sustainablewastemanagement;wasterecovery. >90% WASTE PRODUCED BY THE “NON2021SOTTILELAMINAZIONEGROUPINCLASSIFIEDASHAZARDOUS”

31 6.3 WASTE MANAGEMENT (GRI: 306-2)

SUSTAINABILITYMAXIMUMDISPOSALRECOVERYENERGYCOMPOSTINGRECYCLINGMINIMISATIONREUSESUSTAINABILITYMINIMUMAND

For many years the Laminazione Sottile Group has been committed to increasing its use of the best available technologies aimed at: • reducing waste • reusing waste • recovering waste Waste management plays a major role in the definition of an effective environmental sustainability strategy. In this context, Laminazione Sottile has set itself the objective of preventing and reducing its environmental impact and pursuing the overall improvement of the “humanenvironment” system. Reducing the volume and hazardousness of the waste produced is an essential element of the integrated waste recycling and recovery policy. Due to the complexities associated with waste management, there is a high level of differentiation in the available technologies in the field which aim to improve the environmental economic efficiency of waste management cycles. The plants of the Laminazione Sottile Group produce special (industrial) waste and municipal solid waste. Municipal solid waste is collected and managed by the council. In line with the Group's sustainability targets, industrial waste (such as slag and dross, dust from foundry fume extraction, sludge from waste water treatment processes, exhaust refractories, etc.) are transferred to specific external disposal companies, selected on the basis of reliability criteria and authorised according to the current legislation, with the aim of minimising the amount sent for disposal. Thanks to more rigorous management, in 2021 total waste produced by the Laminazione Sottile Group fell by an average of 4.5% per tonne of processed aluminium compared to the previous year. In addition to its commitment to reduce overall waste, the Group is also attentive to where its waste is directed to, another highly impactful element in terms of sustainability and the circular economy. In 2021, over 90% of all waste produced was classified as non-hazardous. Furthermore, 90% of all waste was sent for recovery, while only 10% was sent for disposal by qualified external waste disposal companies. For municipal solid waste, the Group promotes effective waste separation practices through internal communication campaigns aimed at all those who work at its plants (employees, collaborators, third-party firms), in order to optimise waste collection and reduce the amount of mixed waste.

In order to pursue our constant commitment to environmental sustainability, we installed an innovative plant to dry the filter media used to treat the lubro-refrigerant fluids in cold rolling plants. In 2021, this plant enabled a 41% reduction in the production of used media sent for 32

BEST PRACTICES -

Laminazione Sottile has invested in the design and development of no-rinse treatment plants. This process generates a significantly lower quantity of waste water and, therefore, a lower volume of sludge.

EXAMPLESNO-RINSETREATMENT

FILTER MEDIA DRYING PLANT

The chemical surface treatment of rolled aluminium increases the adhesion of polymer films and improves resistance to corrosion. Traditionally, surface treatments involve dipping the rolled aluminium in chemical baths at controlled temperatures and concentrations before rinsing with demineralised water. In these processes, the products must be rinsed to remove any excess chemicals deposited on the surface of the metal. The water used to rinse the products is directed into a chemical-physical waste water treatment plant which generates sludge that must be disposed of as “special non-hazardous waste”.

6 enVironmentAl sustAinAbility

The installation of a no-rinse plant in 2021 enabled a 19% reduction in the sludge produced per tonne of aluminium processed, avoiding the equivalent of over 125 tonnes of sludge.

disposal per tonne of aluminium, avoiding a total of 143 tonnes of waste.

FOUNDRY WASTE

The goal to reduce the dust and waste generated by foundry slag and dross has been tackled by piloting the use of a waste cooling plant to improve the plant's environmental performance in line with the relative BAT-C for the non-ferrous metals sector. The cooling system treats all types of foundry waste through the indirect application of water followed by a sieving process to separate the aluminium from the waste oxides. The system also guarantees a higher metal content of the treated waste, reducing the overall amount generated. Combined with the more rigorous management of the slagging process, this new system: 1. reduces diffuse dust emissions generated during the transport, storage, handling and loading of waste onto vehicles; 2. reduces the amount of waste sent for disposal; 3. enables the recovery of aluminium which is reintroduced into the production cycle.

• The installation of incinerators for solvents produced by the finishing lines with RTO (Regenerative Thermal Oxidizer) technology which, along with the introduction of the CTR2, enabled average monthly natural gas consumption to be reduced by around 77,000 standard cubic metres, resulting in an annual saving of 850,000 SCM of natural gas and around 1,700 tonnes of CO2

34 6 enVironmentAl sustAinAbility 6.4

• The installation of photovoltaic plants with a total output of 3,300 kW, saving around 4,125,000 kWh and around 1,800 tonnes of CO2 per year.

• The installation of inverters on fan and pump motors enabled savings of around 2,450,000 kWh and 1,000 tonnes of CO2 per year.

(GRI 302-1, 302-3, 302-4)

• The general installation of recuperative burners for all plate heating furnaces and foil heat treatment plants; in 2021, these systems enabled a reduction in natural gas consumption of about 1,700,000 standard cubic metres per year, reducing CO2 emissions by about 3,500 tonnes per year.

• The installation of LED lights in the interior and exterior areas of the Group's Italian plants, saving approximately 950,000 kWh of electricity per year and reducing CO2 emissions by some 410 tonnes per year.

• The installation of air handling units to provide air conditioning in the electrical control rooms of the plants, saving some 2,800,000 kWh per year and enabling a reduction in around 1,200 tonnes of CO2 per year.

• The installation of a post-combustion fume heat recovery system that enabled savings of around 100,000 SCM of natural gas and some 200 tonnes of CO2.

RESOURCESENERGY

Considering the type of production and the size of the companies belonging to the Laminazione Sottile Group, electricity and natural gas consumption represents a major aspect of the Group's environmental impact, and consequently optimising the use of resources is a indispensable tool to achieving its sustainability targets. In this regard, for several years the Group has pursued a series of actions aimed at monitoring environmental performance and quantifying its energy use and consumption through the analysis of key performance indicators, using the results as a basis to launch major projects to optimise consumption per unit of product both by improving the energy management process and increasing plant efficiency.

Over the years the Group has succeeded in significantly reducing its energy intensity per tonne of product, as demonstrated by some of its major projects in this field:

• The installation of a heat recovery system for flue gases emitted from furnaces, reducing the consumption of natural gas to heat process fluids and saving some 2,300,000 kWh, 600,000 standard cubic metres of natural gas and 2,300 tonnes of CO2 per year.

• The general installation of regenerative burners for all smelting furnaces, which in 2021 enabled a reduction in natural gas consumption of about 7,000,000 standard cubic metres per year and reduced CO2 emissions by about 14,500 tonnes per year.

5,500,000

FUTURE INVESTMENTS

• Installation of a further 1,500 kW of photovoltaic panels that will provide savings of 1,850,000 kWh per year and avoid the emission of a further 825 tonnes of CO2

• an innovative waste-recovery smelting furnace which will reduce consumption by using the combustion heat of the existing pollutants while completely removing all hazardous substances from flue gases. 35

The total amount of water withdrawn in 2021 by the Group's four Italian plants was 775,000 m3, a 24% reduction in water consumption per tonne of aluminium compared to 2020, corresponding to 250,000 m3 of water saved, despite the increase in production at all four plants.

M3 OF WATER SAVED IN 2021

• The installation of a new coating line with a system that extracts VOCs by oxidising the solvents while also recovering the heat produced during the process, which is then used to supply the furnace, resulting in a substantial reduction in natural gas consumption and CO2 emissions.

• Optimisation of the hot rolling line with a new section that will enable hot rolling at lower thicknesses. This will enable considerable savings due to the lower amount of energy required for hot rolling compared to cold rolling.

Almost all of the cooling water used at the plants is recovered within a closed system and reused, while process water is also treated and reused. In 2021, this enabled savings of 5,500,000 m3 of water, in line with the current IPPC regulations. Water used in cooling processes is recovered continuously thanks to a cooling tower Consequently,system. the amount of water withdrawn from the wells is limited to the amount necessary for the reintegration of evaporation water and the minimum overflow level required to maintain the characteristics of the recirculating water.

6.5 RESOURCESWATER (GRI 303-1, 303-2, 303-3, 3034, 303-5)

PROJECTS TO BE IMPLEMENTED IN 2022:

• Installation of a modern 24 MW electricity generator at the Laminazione Sottile plant, in collaboration with a long-standing partner, which will support the national electricity grid through the Capacity Market tool. The generator will activate automatically during peak consumption times to compensate for the imbalance on the national electricity grid, avoiding the recourse to the coal-fired power stations (which have very high impacts in terms of CO2 emissions) currently used by the TSO (Terna) to balance the transmission grid. This highly efficient electricity generator is powered by natural gas and will avoid the emission of up to 11 tonnes of CO2 for each hour of operation.

The use of water sources is predominantly associated with the cooling processes required in many of the Group's production activities and, to a lesser extent, process water. All of the Group's companies use groundwater withdrawn from the Group's wells which are duly authorised by provincial decree.

• a new, highly energy-efficient rotating furnace able to process foundry waste to increase the recovery capacity of waste aluminium and recycle post-consumer waste.

For cooling processes, all of the Group's companies use groundwater withdrawn from the Group's wells. Water resources are recovered within a closed system and reused.

The casting division will be expanded with:

-50%

The management of atmospheric emissions is stringently monitored and subject to Italian and European legislation that requires the Group's companies to implement increasingly rigorous controls. Protecting the environment requires major investments which, over the years, have led the Laminazione Sottile Group to adopt some of the leading emission-reducing Thesolutions.commitment shown by Group companies has delivered significant results, as proven by our atmospheric emissions monitoring data which show pollutant concentrations that are always well below the legally permitted limits This has been made possible by the adoption of advanced technologies aimed at continuous improvement and maintaining plant efficiency through advanced maintenance Moreover,programmes.for many years Laminazione Sottile has been committed to reducing greenhouse gas emissions: this commitment to improve our direct (Scope 1) emissions, which mainly derive from the combustion of natural gas, is pursued by improving our energy efficiency. In addition, the plant is part of the European Emission Trading System, which requires the company to obtain permits that cover the amount of CO2 released. This mechanism is a further incentive to reduce the direct impact of greenhouse gas emissions. In 2021 the Group reduced its direct CO2 emissions per unit of product by 7%, equating to some 4,500 tonnes of CO2 avoided Indirect (Scope 2) emissions are largely attributable to electricity consumption from the grid. As well as improving the energy efficiency of our processes through targeted projects to improve both our plants and procedures, the Group is continually increasing the proportion of energy produced from renewable sources thanks to the installation of photovoltaic systems.

36 6 enVironmentAl sustAinAbility 6.6

EMISSIONSATMOSPHERIC

VOC EMISSIONS RELEASED BY THE FUME EXTRACTORS IN THE COLD ROLLING MILLS HAVE ALSO FALLEN BY 50% SINCE 2014 THANKS TO THE TARGETED OPTIMISATION OF ABATEMENT PROCESSES. In 2021 indirect CO2 emissions per unit of product fell by 9%, equating to a further 4,500 tonnes of CO2 avoided External (Scope 3) emissions depend on a number of factors which cannot be directly controlled but which the company is able to influence. To reduce the environmental impact of its business, Laminazione Sottile is committed to: Increasing the amount of scrap and waste used as raw materials in the production process, reducing the general impact of primary aluminium manufacture from bauxite, which produces around 6 tonnes of CO2 per tonne of aluminium produced. The amount of secondary aluminium (scrap) used in 2021 rose by over 5,000 tonnes compared to the previous year, corresponding to 30,000 tonnes of CO2 avoided. - Where it is not possible to replace the primary aluminium with scrap or waste, the company aims to procure the raw materials from suppliers that only use renewable energy.

(GRI 305-2, 305-4, 305-7)

In 2021, the company invested in the construction of a new laboratory with cutting-edge equipment able to facilitate very detailed analyses to support the research and development of innovative products and materials.

• Developing and increasing the procurement and use of scrap aluminium to develop projects aimed at different applications, reducing the use of primary aluminium and offering customers the option to transform their production waste into rolled or sheet aluminium, respecting the principles of the circular economy

The projects launched in 2021 pursued various sustainability goals:

• Developing aluminium and coating systems for food use, focusing on recyclability and sustainability

• Supporting customers in the development of high performance products with a lower environmental impact.

37 6.7 RESEARCH DEVELOPMENT&

• Development of aluminium/coating systems for the HVAC-R sector, aimed at reducing water consumption or promoting energy recovery

The R&D department also coordinates the publication of scientific articles written in collaboration with various universities, as well as the participation in scientific or educational events. It also manages projects relating to internships and undergraduate and post-graduate theses in manufacturing or research fields.

The Research & Development department, which is centralised at Group level, is responsible for promoting product innovation and finding solutions to meet customers’ needs.

• Use of PVC-free technologies that reduce the dioxin production risk during the heat treatment of production waste.

• Investing in LCA (Life Cycle Assessment) training, mapping each phase of the process in order to determine the environmental impact of the finished products and the various types of rolled aluminium

• Promoting the central role of aluminium to support environmental sustainability

Project development is also pursued in collaboration with external partners and sometimes co-funded by institutions at regional level, (regional calls for competitiveness and innovation), national level (MED, Credito d’Imposta) and European level (Horizon 2020concluded in January 2021).

(GRI 201-4, 301-1, 301-2)

• Production of foil, containers and lids with 100% recycled post-industrial raw materials

In 2021 the research of Laminazione Sottile Group companies benefited form the “Credito di Imposta Ricerca e Sviluppo” fund established under Italian law as well as the “hyper-amortisation” benefits for equipment purchased in line with Industry 4.0 principles.

• Development of antimicrobial or mouldresistant coatings for air purification systems in order to reduce cleaning and maintenance and reduce the environmental impact

The R&D department supports the specific processes and areas of production of each plant on topics such as:

38 7

As a company, we believe in the value of people whose professional skills, passion, sense of belonging and collaboration contribute to the growth of our business on a daily basis. This is why in 2021 the Laminazione Sottile Group continued to invest in processes and tools to promote employee well-being and support the adoption of sustainability principles We support our new employees with customised onboarding programmes, enhancing promising candidates and young people through individual development plans and programmes designed to enhance their potential and reflect their personal motivation. We recognise their merit and value through a Performance Management system that annually evaluates their conduct, performance and the achievement of certain targets against our Skills

MANAGEMENTRESOURCESHUMAN (GRI 102-41, 103-1, 103-2, 103-3, 202-2, 401-1, 401-3, 404-1, 404-3)

TheModel.development of technical and soft skills is further promoted through the continuous training provided by our Academy which, in just one year since its foundation, now boasts a skilled team of internal trainers as well as several important partnerships with schools and training institutions. We also take part in careers events with college students, undergraduates and graduates at various specialist technical colleges and universities. Moreover, we work with a number of business schools, proposing project work relevant to our business and welcoming the ideas and suggestions provided by the young participants.

• Creation of an employee portal • Restructuring of the induction and performance process These activities are aimed at improving the employee experience, recognising that our resources have always represented a strategic advantage in the pursuit of our growth and improvement targets.

39 In 2021 several new projects were launched in the HR department, particularly in the Development field: the foundation of the Academy was supported by the use of an ERP SAP enterprise resource planning software, whose name (eHuReka) was chosen following a competition that involved employees of the Group's Italian companies. Thanks to the identification of a pool of “Young Talent” and “Key People”, personal development and career plans were drawn up. At the same time, the foundations were laid for new projects in 2022.

• Definition of a structured calendar of employer branding and internal communication initiatives • Implementation of the recruiting system

40 EMPLOYEES AND TEMPORARY WORKERS BY PLANT AND SITE LAMINAZIONEEmployees SOTTILE CONTITALPLLANAI2RI2RI2RIPSITALCOATCONTITALUKKOREAUSATURKEYTOTALTemporary workers 479 130 484 148 87 38 91 34 69 13 70 2432273430 135 10 138 00061560101066 110 0 88 02020202120202021202020212020202120202021202020212020202120202021202020212020 925 218 918 251 Employees Temporary workers 2021 Employees Temporary workers 1,1691,143TotalTotal 7 humAn resourCes mAnAgement The selection process is designed to constantly enrich the Group's human capital in line with the needs of the business and the principles of equality and equal opportunities. As such, the onboarding and induction process, which differs according to professional category and the nature of the employment relationship of the new hire, is constantly updated to improve the employee experience and the level of engagement of employees.new 7.1 PEOPLE THE LAMINAZIONE SOTTILE GROUP IN FIGURES (GRI 202-2, 401-1)

EMPLOYEE TURNOVER RATE Laminazione Sottile Group 13.15%* 2020 13.06% 2021 TOTALMen Women TOTAL Men Women ABSENTEEISMBYGENDER Laminazione Sottile Group 2020 2021 3.15% 3.00% 3.39% 3.03% 2.99% 3.07% 7 humAn resourCes mAnAgement 42 EDUCATIONAL LEVEL DEGREE DIPLOMA HIGH SCHOOL ELEMENTARYSCHOOL TOTAL CLERICAL WORKERS AND MIDDLE MANAGERS 138 56 6 1 201 MANAGERS 13 5 0 0 18 BLUE COLLAR WORKERS 4 292 220 38 554 TOTAL 155 353 226 39 773 CLERICAL WORKERS AND MIDDLE MANAGERS 114 77 16 14 15 16 252 MANAGERS 7 5 2 0 3 4 21 BLUE COLLAR WORKERS 162 211 54 45 129 44 645 TOTAL 283 293 72 59 147 64 918 0-2 3-10 11-15 16-20 21-30 >30 TOTAL(YEARS)SENIORITY * DATA UPDATED COMPARED TO THE SUST. REPORT 2020 TO INCLUDE DATA FROM CONTITAL TURKEY Data refer to Laminazione Sottile Group employees, excluding leased personnel. The data do not include staff of i2r UK, i2r Korea and i2r Inc. Data refer to Laminazione Sottile Group employees, excluding leased personnel.

43 REGIONAL STATUS BY EDUCATIONAL LEVEL AND NATIVE REGION - EMPLOYEES plACe oF WorK CorresponDs to nAtiVe region plACe oF WorK DiFFerent to nAtiVe region LAMINAZIONE SOTTILE MANAGERS CLERICAL WORKERS AND MIDDLE MANAGERS BLUE COLLAR WORKERS 100%94%69% 31%6%0% CONTITAL MANAGERS CLERICAL WORKERS AND MIDDLE MANAGERS BLUE COLLAR WORKERS 100%100%94% 0%6%0% ITALCOAT MANAGERS CLERICAL WORKERS AND MIDDLE MANAGERS BLUE COLLAR WORKERS 100%99% 0%1% IPS MANAGERS CLERICAL WORKERS AND MIDDLE MANAGERS BLUE COLLAR WORKERS 100%98%98% 2%2%0% I2R UK MANAGERS CLERICAL WORKERS AND MIDDLE MANAGERS BLUE COLLAR WORKERS 70%80%50% 30%20%50% I2R KOREA MANAGERS CLERICAL WORKERS AND MIDDLE MANAGERS BLUE COLLAR WORKERS 100%100% 0%0% I2R USA MANAGERS CLERICAL WORKERS AND MIDDLE MANAGERS BLUE COLLAR WORKERS 0% 100% PLLANA MANAGERS CLERICAL WORKERS AND MIDDLE MANAGERS BLUE COLLAR WORKERS 100%100%100% 0%0%0% CONTITAL TURKEY MANAGERS CLERICAL WORKERS AND MIDDLE MANAGERS BLUE COLLAR WORKERS 100%100%100% 0%0%0%

44 7 humAn resourCes mAnAgement 7.2 GENDER EQUALITY AND OPPORTUNITIESEQUAL

(GRI 401-3, 406-1) The Laminazione Sottile Group rejects all forms of discrimination against all those who operate, in any capacity, within the company. Specifically, discrimination on the grounds of gender, age, health, nationality, or political or religious beliefs is prohibited. The adoption of an Organisational Model pursuant to Italian Legislative Decree 231/2001, as well as a confidential reporting system, represents a mechanism for all those who work or collaborate with Group companies to report any breaches or unlawful conduct to the Supervisory Body. In 2021, no cases of discrimination were recorded. Over the years the Laminazione Sottile Group has also been increasing the number of women operating in the company, not only in clerical roles but also in historically male-dominated technical fields. In 2021 a project was launched to promote the recruitment of women to manual roles. The option to take maternity or paternity leave is a key indicator, reducing the risk of parents not returning to work after the birth of a child. Both the rate of return after maternity/paternity leave, as well as the number of employees remaining in post a year after returning demonstrate that almost all employees who took parental leave both returned to work and remained in the workforce.

PROPORTION of women in Group workforcethe USE RETURNLEAVEPARENTALOFANDRATE BY GENDER 2020 2021 men Women men Women ENTITLED 100% 100% 100% 100% RETURNED TO WORK 0 35 14 14 USED 0 33 13 10 STILL WORKING 12 MONTHS AFTER RETURNING TO WORK 0 33 13 10 RETURN TO WORK RATE RETENTION RATE 94% 93% 71% 20202021 219 18.7% 230 20.1%

45 7.3 TRAINING (GRI 404-1, 404-3) The Guido Moschini Academy was founded in 2021 with the mission of developing the company's heritage of people and knowledge. Its objectives are to: • Develop the professional and people skills of Laminazione Sottile Group employees • Share the technical and manufacturing knowledge present within the Group • Optimise people's ability to work together by promoting effective interaction and organisational procedures in line with the Company's values. Training programmes can be divided into two main development categories: • TECHNICAL SKILLS • SOFT SKILLS Our range of courses is constantly evolving and currently includes 100 classroom courses and 40 MOOCs (Massive Online Open Courses). NUMBER OF EMPLOYEES THAT RECEIVE AN APPRAISAL USING THE NEW EHUREKA PERFORMANCE SYSTEM, BY GENDER Laminazione Sottile Group HOURS OF TRAINING BY GENDER - EMPLOYEES 2020 Laminazione Sottile Group Men 133 128 227 4,724 6,079 1,789 3,539 6,740 10,056 5,935 6,331 313 2,003 492 1,723 59 60 192 188 5,199 1,541 2,871 6,740 10,056 7,185 Women Total Men Women Total HOURS OF TRAINING PER PROFESSIONAL LEVEL - EMPLOYEES Laminazione Sottile Group HOURS OF TRAINING BY TYPE - EMPLOYEES Laminazione Sottile Group Managers workersClerical BlueworkersCollar Total ProfessionalTechnical Managerial Languages Total 2021 439 6,740 10,056

COMPANY WELFARE AND TRADE UNION RELATIONS

46 7.4

(GRI Given102-41)thesituation created by the COVID-19 health emergency, in 2020/2021 the Group adopted new action plans and established new targets and development pathways, identifying the skills necessary to reach the maintenance and growth targets set by the Group for the short and medium period, as well as to protect those who work at the Group's companies. In collaboration with the Trade Union Representative, Laminazione Sottile signed the Trade Union Agreement drawn up pursuant to article 88, paragraph 1 of Law Decree 34 of 19 May 2020, article 3 of the Implementing Decree and article 1 of the Public Notice on New Skills Fund (Fondo Nuove Competenze - FNC) aimed at increasing the skills of its workers. Based on the provisions of Law 28 of 28/12/2015, the Company also signed the PDR I (Performance Bonus I) for the year 2021, adding the possibility for workers to use all or part of their individual Performance Bonus to purchase certain welfare services either directly or through reimbursements, or to make additional contributions to the supplementary pension scheme and/or the supplementary healthcare funds.

Data - Group companies

7 humAn resourCes mAnAgement EMPLOYEES BY TRADE UNION MEMBERSHIP FIM-CISL FIOM FISMIC UILM 6 0 0 5 76 11 0 0 38 0 17 2 36 0 0 0LAMINAZIONESOTTILECONTITALITALCOATIPS

47 HOURS WORKED LAMINAZIONE SOTTILE IPSITALCOATCONTITAL CONTRACTED HOURS CONTRACTED HOURS CONTRACTED HOURS CONTRACTED HOURS HOURS OF STRIKE ACTION HOURS OF STRIKE ACTION HOURS OF STRIKE ACTION HOURS OF STRIKE ACTION PROPORTION OF CONTRACTED HOURS/TOTAL PROPORTION OF CONTRACTED HOURS/TOTAL PROPORTION OF CONTRACTED HOURS/TOTAL PROPORTION OF CONTRACTED HOURS/TOTAL OVERTIMEOVERTIMEOVERTIMEOVERTIME 1,021,913198,946134,52787,677210096094.90%93.48%95.31%91.04%54,88113,8866,6208,632 20212020 HOURS WORKED 1,066,628210,146148,232102,73428800094.62%93.21%95.55%93.69%60,68315,2986,9006,918 I2R UK CONTRACTED HOURS HOURS OF STRIKE ACTION PROPORTION OF CONTRACTED HOURS/TOTAL OVERTIME 288,0120100%0 252,3000100%0 I2R KOREA CONTRACTED HOURS HOURS OF STRIKE ACTION PROPORTION OF CONTRACTED HOURS/TOTAL OVERTIME 12,4800100%0 10,7520100%0 I2R USA CONTRACTED HOURS HOURS OF STRIKE ACTION PROPORTION OF CONTRACTED HOURS/TOTAL OVERTIME 100%35200 1,7180100%0 PLLANA CONTRACTED HOURS HOURS OF STRIKE ACTION PROPORTION OF CONTRACTED HOURS/TOTAL OVERTIME 10,7520100%0 10,7040100%0 CONTITAL TURKEY CONTRACTED HOURS HOURS OF STRIKE ACTION PROPORTION OF CONTRACTED HOURS/TOTAL OVERTIME 144,145087.59%20,422 191,265088.05%25,956

INVESTIGATIONS

Particular attention is given to engaging workers, who are involved in activities to continuously assess and mitigate health and safety risks during internal inspections to identify potential sources of risk, adopting systems to report and analyse near misses, unsafe conditions and unsafe acts and establishing anonymous reporting channels for any situation that may result in work-related injuries or ill health. Regular opportunities to discuss

The Laminazione Sottile Group has voluntarily adopted an Occupational Health and Safety Management System (OHSMS) with a view to ensuring continuous improvement and engagement among workers. The OHSMS is certified by an independent third party body in line with Standard ISO 45001 (OHSAS 18001) and applies to all workers that are employed by the company or not employed but those work and/or place of work is controlled by the Theorganisation.OHSMS is the responsibility of the Prevention and Protection Service, which consists of a team of resources who each yearsupported by specialist consultants and the continuous involvement of company management, trade union representatives and workers - set tangible and measurable health and safety targets and define the relative performance indicators. In compliance with legal provisions for OHSMSs and following a “Plan-Do-Check-Act” model, the Company has established appropriate procedures to assess occupational health and safety risks. According to these procedures, working activities are analysed and dangers are identified on a regular basis, and in any case after any report and/or event concerning health and safety or any changes that may impact the site or organisation of work. Consequently, working with all interested parties and the support of external experts, appropriate preventive and protective measures are defined that aim to remove the danger or risk in line with the objectives of the OHSMS.

HEALTHOCCUPATIONALANDSAFETY (GRI 103-1, 103-2, 103-3, 403-1, 403-2, 403-3, 403-4, 403-5, 403-6, 403-7, 403-8, 403-9, 403-10)

8 48 OCCUPATIONAL HEALTH AND SAFETY MANAGEMENT SYSTEM AND IDENTIFICATION OF DANGERS, RISK ASSESSMENT AND INCIDENT

The Laminazione Sottile Group is particularly attentive to monitoring and analysing accidents in order to take immediate action aimed at managing and mitigating risks to occupational health and safety. Monitoring is conducted constantly through the use of accident indices, specifically the Frequency Rate and Severity Rate. These are posted on the HSE bulletin board at each Plant. When defining these indices, the Group considers contracted workers as employees as there can be no distinction in the attention given to any health and safety incident. Analysing the root cause of the incidents is a particularly important step, with many injuries relating to bruises caused by carelessness. Consequently, each year the Laminazione Sottile Group invests in training and educational programmes to raise awareness on occupational health and safety topics.

the OHSMS are defined and organised in accordance with Legislative Decree 81/08 with Plant Management, the HR Department, the Prevention and Protection Service and Workers’ HSE Representatives. During these events, the policies and actions to be taken to improve occupational health and safety are discussed and defined based on the results of the continuous process to identify and categorise risk.

According to the analyses and inspections conducted by the Prevention and Protection Service, the main risk factors leading to injuries are as follows: • presence of handling equipment; • use of lifting equipment; • aluminium casting; • use of acidic degreasers. Thanks to the considerable and continuous attention and investments of the Laminazione Sottile Group in health and safety, none of these risks led to accidents with severe consequences during the reporting period.

50 8 oCCupAtionAl heAlth AnD sAFety INJURIES BY GROUP COMPANY hoursContrACteDWorKers hours employees- number oF inJuries DAys oF AbsenCe FACCiDentreQuenCyrAte seACCiDentVerityrAte LAMIN. SOTTILE 20212020 281,644230,350 845,667846,444 129 318401 11.147.98 0.280.37 CONTITAL 20212020 73,36161,504 152,083151,328 02 1390 0.009.40 0.000.65 ITALCOAT 20212020 29,55314,646 125,579126,501 00 00 0.000.00 0.000.00 IPS 20212020 52,06643,581 57,78652,730 22 3935 18.2420.77 0.360.36 I2R UK 20212020 17,37420,020 234,926267,992 20 280 7.930.00 0.110.00 I2R KOREA 20212020 00 10,75212,480 00 00 0.000.00 0.000.00 I2R USA 20212020 00 1,718352 00 00 0.000.00 0.000.00 PLLANA 20212020 00 10,70410,752 00 00 0.000.00 0.000.00 CONTITAL TURKEY 20212020 00 217,221164,567 10 600 4.600.00 0.280.00 TOTAL 20212020 453,998370,101 1,656,2361,633,146 1416 445575 6.637.99 0.210.29 DATA REFERS TO ALL EMPLOYEES AND CONTRACTED WORKERS unit oF meAsurement 2020 2021 ∆ 2021/2020 NUMBER OF HOURS WORKED HOURS 2,003,247 2,110,234 5% SEVERITY RATE (SR) days of injury * 1,000 h worked 0.29 0.21 -27% FREQUENCY RATE (FR) no. injuries * 1,000,000 h worked 7.99 6.63 -17% TOTAL NUMBER OF RECORDABLE INJURIES no. 16 14 -13% of which serious injuries resulting in more than 40 days of absence no. 7 4 -43% of which serious injuries resulting in more than 6 months of absence no. 0 0 NUMBER OF NEAR MISSES (any event that could have resulting in injury or a danger to health (ill health) but did not do so) no. 106 125 18% NUMBER OF FATALITIES no. 0 0 0 NUMBER OF RECORDABLE CASES OF WORK RELATED ILL HEALTH no. 0 0 0 NUMBER OF FATALITIES FROM WORK RELATED ILL HEALTH no. 0 0 0

51 INJURIES BY GENDER MEN hoursContrACteDWorKers hours employees- number oF inJuries DAys oF AbsenCe FACCiDentreQuenCyrAte seACCiDentVerityrAte LAMIN. SOTTILE 20212020 253,571208,094 779,125774,445 129 318401 12.218.72 0.310.41 CONTITAL 20212020 59,60448,862 143,601144,775 02 1390 10.330.00 0.000.72 ITALCOAT 20212020 29,55314,646 121,788121,713 00 00 0.000.00 0.000.00 IPS 20212020 47,05137,634 52,35447,444 22 3935 20.1223.51 0.390.41 I2R UK 20212020 5,2676,006 109,18296,558 10 100 9.820.00 0.100.00 I2R KOREA 20212020 00 10,4008,960 00 00 0.000.00 0.000.00 I2R USA 20212020 00 1,718352 00 00 0.000.00 0.000.00 PLLANA 20212020 00 5,3525,376 00 00 0.000.00 0.000.00 CONTITAL TURKEY 20212020 00 104,75864,053 10 600 9.550.00 0.570.00 TOTAL 20212020 395,046315,242 1,314,2141,277,740 1316 427575 10.047.61 0.250.36 INJURIES BY GENDER WOMEN hoursContrACteDWorKers hours employees- number oF inJuries DAys oF AbsenCe FACCiDentreQuenCyrAte seACCiDentVerityrAte LAMIN. SOTTILE 20212020 28,07322,256 66,54271,999 00 00 0.000.00 0.000.00 CONTITAL 20212020 13,75712,642 8,4826,553 00 00 0.000.00 0.000.00 ITALCOAT 20212020 00 3,7914,788 00 00 0.000.00 0.000.00 IPS 20212020 5,0155,947 5,2325,286 00 00 0.000.00 0.000.00 I2R UK 20212020 12,10714,014 138,368158,810 10 180 6.650.00 0.120.00 I2R KOREA 20212020 00 1,7922,080 00 00 0.000.00 0.000.00 I2R USA 20212020 00 00 00 00 0.000.00 0.000.00 PLLANA 20212020 00 5,3525,376 00 00 0.000.00 0.000.00 CONTITAL TURKEY 20212020 00 112,463100,514 00 00 0.000.00 0.000.00 TOTAL 20212020 58,95254,859 342,022355,406 10 180 2.490.00 0.050.00

• periodic renewal of handling equipment and periodic maintenance of flooring to reduce vibrations;

• research and adoption of less hazardous chemical substances with a lower impact on employee health;

The Laminazione Sottile Group is strongly committed to ensuring the adoption of controls and the appointment and presence of appropriately trained personnel to manage emergencies. In particular, the Group's workforce includes:

• 128 fire prevention officers.

EMERGENCY MANAGEMENT

8 oCCupAtionAl heAlth AnD sAFety

• regular monitoring of airborne chemicals released into working environment and individual check-ups to monitoring inhaled substances;

• adoption of mechanical lifting and handling devices to reduce the manual handling of loads;

• use of devices to capture and curb emissions. No notifications were received of work-related ill health among workers that are not employed by the Group but whose work and/or place or work is controlled by the organisation.

• 74 first aiders; • 26 BLSD defibrillator operators;

• revamping and regular maintenance of plants and installation of sound-proofing systems to reduce noise;

• regular noise level mapping at plants;

As noted in the reports issued by the Company Physicians, no cases of work-related ill health were recorded. This has been achieved thanks to the numerous structural improvements and monitoring activities implemented over the years. More specifically:

52 The absence of any cases of equipment-----aimedmonitoringimprovementtoattributableillwork-relatedhealthistheGroup'sandactionsat:plantoperationnoisereductionairqualitychemicalsusedhandling

To mitigate the identified risks, the Group is committed to providing training and information to its workers about occupational health and safety. In line with the OHSMS, a training programme is defined each year. Training activities are defined by the Prevention and Protection Service based on the analysis of reports of unsafe acts. As such, these training activities are not limited to the topics required by law (Italian Legislative Decree 81/08 and the StateRegions Agreement of 21/12/2011),but also cover operating procedures and instructions. Onthe-job training and education is a particular priority. The aim is to progressively increase workers’ skills to promote the more conscious and informed management of occupational health and safety risks.

PROTECTING WORKERS’ HEALTH (GRI 403-6)

The Laminazione Sottile Group protects the health of its workers through various tools: • all employees may freely and independently access the services of the Metasalute supplementary healthcare fund for workers in the metalworking industry; • an annual flu vaccination programme is held at the Group's plants which is free to access and anonymous; • during the COVID-19 pandemic, the Laminazione Sottile Group signed up to the vaccination programme promoted by the Caserta Local Health Department and collected the names of interested participants.

The Group's commitment to Health and Safety is represented by over 3,000 hours of classroom training delivered by professional trainers, and more than 2,000 hours of on-the-job coaching and information delivered in 2021.

TRAINING ON OCCUPATIONAL HEALTH AND SAFETY (GRI 403-5)

MEDICAL CARE (GRI 403-3)

All of the Group's Italian plants have appointed a qualified Company Physician who meets the requirements defined in art. 38 of Italian Legislative Decree 81/08. Each year the physician draws up a health monitoring plan and organises regular and preventive medical appointments. The Group aims to promote attendance of medical appointments by ensuring that they are held at employees’ place of work and during working hours. The physician is also involved in the process to identify the sources of occupational health and safety risks through the annual inspections conducted on work premises, the meeting held pursuant to art. 35, and active participation in the production of the Risk Assessment Document. As well as presenting the anonymous collective data, the physician is also involved in analysing the status and effectiveness of the actions taken to mitigate occupational health and safety risk over the years. The Laminazione Sottile Group guarantees the confidentiality of all personal data on workers’ health and safety by entrusting the processing of all data and documentation to the appointed Company Physicians. Furthermore, simulations and exercises are carried out to prepare and test the readiness of the appointed emergency personnel for all eventualities.

The Laminazione Sottile Group adopted all necessary precautionary measures to prevent and contain the COVID-19 pandemic, adopting its procedures to changing national and local regulations. Using the most suitable and effective methods, the Group informed all workers and external suppliers about the provisions issued by the Authorities, providing and/or posting special information leaflets and pamphlets at the entrance and To reduce the risks of infection from COVID-19, Group restructuredcompaniesworkinghoursintodifferentshifts.

MEASURES TO PREVENT AND CONTAIN THE SPREAD OF COVID-19 IN WORK ENVIRONMENTS

The Laminazione Sottile Group is committed to avoiding and mitigating all occupational health and safety risks both for its employees and for all workers not employed by the Group which fall into its scope of influence. In particular, the activities conducted by third parties at their places of work are monitored through inspections conducted by the Prevention and Protection Service aimed at identifying the risks present and the dangerous actions associated with their activities. To this end, an economic system has been introduced to identify inappropriate behaviour and promote an increased awareness of health and safety among the suppliers that operate at the Group's sites. The Group's focus also extends to workers who are not employed by the Group and whose job and place of work are not directly controlled by the organisation by way of an initial supplier certification process and regular audits which monitor the management of health and safety risks.

PREVENTION AND MITIGATION OF OCCUPATIONAL HEALTH AND SAFETY IMPACTS DIRECTLY LINKED BY BUSINESS RELATIONSHIPS (GRI 403-7)

54 8 oCCupAtionAl heAlth AnD sAFety

Furthermore, working hours were modified in order to avoid that overcrowding in the workplace and to prevent gatherings when entering and exiting. The Group closed offices where remote working could be reasonably adopted or otherwise limited in-person attendance to the minimum. All national and international work travel was suspended, even if the trips had already been agreed or organised, except where essential for the continuation of working activities or to maintain business relationships. Finally, the Group continued to apply health and safety protocols and complied with all additional hygiene measures issued by the Ministry of Health as a further method of prevention. Furthermore, the Company Physician promptly alerted the companies to any sensitive situations to ensure that employees could be protected while respecting their privacy. In view of their role in the assessment of risks and the provision of healthcare services, the company physician proposed the adoption of diagnostic tools to contain the spread of the virus and protect workers’ health.

55 in the most visible places of company premises. Furthermore, it provided information based on professional tasks and contexts, making particular reference to the set of measures adopted with which employees were required to comply, such as the correct use of PPE to help prevent any possible spread of infection. The Group also implemented access procedures for employees and external suppliers, which required body temperature monitoring before entering the work place. Furthermore, access to external personnel was reduced for all nonessential activities. Daily cleaning and regular sanitising procedures were adopted by all Group companies in offices, work environments, work stations and communal areas, and the recommended hygiene precautions were promoted. Particular focus was given to hand washing with the provision of hand sanitiser. As regards PPE, the Laminazione Sottile Group provided a monthly supply of face masks, deemed essential to contain COVID-19, to all employees. The companies also limited access to nonessential communal areas, such as smoking areas, water and coffee dispensers and any other area not required for the performance of professional activities, and ensured that offices were well ventilated. Access to professional spaces was monitored and a 1.5 metre social distancing rule was enforced.

SUPPLY MANAGEMENTCHAIN AND THE PROCUREMENT POLICY

Since the start of 2021, the unique situation presented by the global health emergency added considerable pressure to prices across all markets, which gradually increased throughout the year and took on evident speculative connotations towards the end of 2021. This further complicated procurement activities as the risk of shortages that had begun to emerge in the previous year coincided with continuous price fluctuations and the changes to the economic and service conditions made the suppliers of all raw materials, consumer goods, energy and transport services. Consequently, the Procurement department of the Laminazione Sottile Group was faced with hitherto unheard-of operating conditions characterised by two entirely new phenomena: - the need to renegotiate existing contacts that suppliers had reneged on due to force majeure; - the increasingly latent risk of raw materials shortages among suppliers (particularly in the chemical and metals sectors), leading in many cases to delivery delays and resulting extraordinary measures to guarantee the continuity of the Group's production.

(GRI 102-9, 102-10, 103-1, 103-2, 103-3, 204-1)

57 Despite levels.performancemaintaineddepartmentprocurementpandemic,thetheexcellentatall Despite the challenging new scenario, the Procurement department of the Laminazione Sottile Group managed to overcome the problems, guaranteeing business continuity and ensuring the full operation of its plants. This achievement confirmed the importance of adopting a procurement process based on certain key principles: • CONSTANTLY SEEKING THE BEST COST/QUALITY RATIO FOR PRODUCTS AND SERVICES; • GUARANTEEING SUPPLY CONTINUITY IN ALL MARKET CONDITIONS; • FINDING AND CERTIFYING ALTERNATIVE •SUPPLIERS;DEVELOPING PARTNERSHIPS WITH ESTABLISHED SUPPLIERS.

REGIONAL PRESENCE

ETHICS Group’ considers an ethically sound relationship with suppliers to be an essential element of the supply chain: in relations with suppliers by all Procurement personnel; with the principles established in the Organisational and Control Models pursuant to Italian Legislative Decree 231/2001 adopted by Group companies; of any abuse of its dominant position in all procurement negotiations; of supplier compliance with the requirements of certification SA 8000 (Social Accountability); compliance with contractual obligations and working conditions in relations between suppliers and their employees.

• Transparency

58 9 supply ChAin mAnAgement

The

• Rejection

• Monitoring

Procurement

The

are characterised by: • Ethics • Regional location • Continuity of supply • supplierssustainabilityEnvironmentalof 17% Abroad 83% Italy of aroundwhichhalf in

• Monitoring

The Laminazione Sottile Group aims to balance its international vocation with deep roots in its native region. Consequently, its Supply Chain is characterised by companies based in Italy and the regions local to the Group's plants. Data for 2021: Total active suppliers = 1,515 (data extracted from 2021 report) of which Italian = 1,315 (data extracted from 2021 report) of which in Campania = 423 (data extracted from 2021 report) - geographic distribution (percentage of total value - 2021 data): policiesprocurementadopted by the Laminazione Sottile Group Campania

• Compliance

•

59 Level of HSE competence (service providers) Full compliance with internal procedures for site access and the publication of safety documentation; Presence and adequacy of insurance policies for the Group and for the suppliers that operate in the plant; Evaluation of the production capacity and supply continuity; Existence of an “Emergency Plan” (particularly for strategic suppliers); Presence of multiple suppliers either active or quickly activated for “non-commercial” products/services; Upstream supply chain differentiation for strategic suppliers;

•

The Group has always been very attentive to the topic of sustainable procurement, as proven by: • the preferential use of marine and intermodal transportation as opposed to road haulage. In 2021, due to the increase in demand and the need to reduce delivery times for customers, the use of overland transportation rose from 76% in 2020 to 82% in 2021; • use of suppliers able to guarantee the environmental sustainability of the products sold wherever the technical requirements of the plants allow; • strong preference for suppliers equipped to recycle post-industrial waste materials (e.g., scrap delivered directly to suppliers with appropriate transformation systems).

The Group has adopted a supplier certification and assessment procedure that regulates the supply certification and registration process and periodically assess level of service provided by suppliers. Suppliers are required to provide a series of certifications, declarations and documents for certification and re-certification. The main requirements are identified based on the products/services offered and to ensure the correct management of quality, environment, occupational health and safety and food safety aspects. The procedure also regulates the frequency and methods of supplier audits. Supplier certification is the responsibility of an assessment team consisting of the Procurement Manager, Category Manager/ Buyer, Plant Quality, User Body and Finance Department. In 2021 no significant changes to the supply chain of the Laminazione Sottile Group were made.

•

SUPPLIERSSUSTAINABILITYENVIRONMENTALOF

85% 758557752457885%92%95%98%100%100%100%100%100%100%0% % multiple suppliers no. suppliers% different sources 1,515 TOTAL CATEGORIES RAW MATERIALS ANCILLARY MATERIALSSERVICES ANDTRANSPORTATIONCONSULTANCYENERGYPLANTS CONTINUITY OF SUPPLY •

•showing:thepercentage of supplies potentially provided by multiple suppliers; • the percentage of suppliers that have different supply chains for upstream supplies.

•

With regard to the final two points on the list, please see the table

60 STAKEHOLDERS Code of Ethics; Continuous dialogue; Performance evaluation process; Internal InductionsTrainingcommunication;courses;fornewhires Shareholders’meeting Information on company strategies and performance; clear objectives and bonus/ incentive schemes; participation and engagement; improving safety and the working environment; integration into the corporate community Presentation of the financial statements and the report on operations 10 METHODS COMMUNICATIONOFSTAKEHOLDERSEXPECTATIONS EMPLOYEES COLLABORATORSAND SHAREHOLDERS

Support or funding for dialogue,initiatives;transparencyandcollaboration;mutualdevelopment

Stakeholders represent a broad range of different interests; as such, establishing and maintaining stable and long-lasting relations are a crucial element to the creation of shared, longterm value. By understanding the specific needs and priorities of its stakeholders, Laminazione Sottile can pre-emptively manage potential issues and refine its actions to better respond to their interests. Promptly identifying stakeholders and establishing more effective channels of communication to constantly monitor their expectations, needs and opinions is the first step to establishing an effective engagement process. The Group has established dedicated departments to pursue a proactive

Engagement and information activities on relevant topics Quality, safety, punctuality; high post sales service level

approach to engagement with the parties with which it interacts, promoting constant dialogue and responding to the various needs. In fact, the Group believes that these engagement activities represent opportunities for mutual growth and enrichment

relationship;Collaborativecompliancewithcontractualconditions;supplycontinuity

Continue dialogue; Meetings with trade union representatives Code of Ethics; Seminars, training courses; Trade fairs, events; Website, social media and newsletters; Product documentation Code of Ethics; Supplier portal; Certification process; Technicalmeetingsupdate Participation in cultural, sports and social events and localmedia;Website,projects;socialMeetingswithrepresentativesofassociationsandorganisations

CUSTOMERS SUPPLIERS COMMUNITIESLOCALTRADE UNIONS 61

Continuous dialogue and active engagement are one way in which the Laminazione Sottile Group expresses its responsibility and commitment to the social context in which it operates.

(GRI 102-40, 102-42, 102-43)

The list below shows the stakeholder categories identified and the respective communication methods/expectations:

11 62 ECONOMIC DISTRIBUTEDGENERATEDVALUEAND 2020 2021 ECONOMIC VALUE GENERATED BY THE COMPANY ECONOMIC VALUE DISTRIBUTED BY THE COMPANY ECONOMIC VALUE WITHHELD BY THE COMPANY CREATION AND DISTRIBUTION OF ECONOMIC VALUE (€) PRODUCTION COSTS (€) REAL ESTATE - ACQUISITIONS IN THE YEAR (€) 73,087,341 12,085,13961,002,202 89,014,197 18,824,90470,189,293 RAW MATERIALS, ANCILLARY MATERIALS AND GOODS SERVICES 217,824,99453,350,648 319,012,95776,841,560 LAND AND BUILDINGS PLANTS AND MACHINERY INDUSTRIAL AND COMMERCIAL EQUIPMENT OTHER ASSETS 1,969,6916,681,3791,306,658640,428 12,749,0098,030,6082,511,0081,250,793

63 (GRI 103-1, 103-2, 103-3, 201-1) In 2021, the economic value generated and distributed by the Laminazione Sottile Group was € 89 million, representing an increase of around € 16 million or 22% compared to 2020 (approximately € 73 million). Generated economic value was distributed among the main stakeholders as follows: • Employees: 82% as direct remuneration in the form of salaries and pension contributions; • Lenders: 1%; • Shareholders: 7% through dividends; • Public Administration: 9% in payments on taxable income and social security contributions; • Community: 0.1% in the form of donations and sponsorships. 21% of total economic value was withheld in the company, an increase on the value retained in 2020. This reinvestment supports the policies to develop manufacturing capacity and expand the workforce.

12 64 COMMUNICATION

(GRI 403-4, 418-1) Throughout the pandemic, the Communication department played a key role in informing personnel about the rules and procedures implemented to manage the emergency and the conduct to be adopted at the Group's plants. National legislation was introduced to contain the spread of infection which required the Group to request specific information - including of a confidential nature - from employees, collaborators and third-party firms, and, as a result, privacy became a central topic in 2021. The methods used to collect and store data, as well as the measures adopted to protect personal data from unauthorised third party access or use in compliance with GDPR, guaranteed that the intended use of the data was always clear in all data flows. In this regard, no privacy breaches or data losses were recorded among customers, employees or users that interact with the company via social media or corporate mailing lists. In 2021 atmeasurestheupdatingadepartmentCommunicationtheplayedkeyroleinstaffaboutanti-COVIDadoptedGroupcompanies.

The external communication activities pursued in 2021 aimed to further increase the Group's visibility by focusing on product innovations, new certifications and other environmental and social sustainability initiatives. In particular, the communication of the company Contital prioritised the needs of end consumers, organising several social medial campaigns to promote the products that most respond to the needs of the market, such as the aluminium plates and the food delivery lines such as the Eclipse and bare and lacquered Smoothwall ranges. Meanwhile, the management of the brand store on Amazon marketplace in Italy continued, increasing synergies with online distributors and refining direct communication with end consumers.

12 CommuniCAtion

Sustainability was a key point of discussion, with various articles posted on the company’s online blogs and the publication of specific social media posts about recycling, environmental impact and the circular economy. Topics such as food-safe aluminium and the use of this material in everyday life were equally important. To respond to the demands and concerns of a growing community of consumers, the number of posts about the use of aluminium containers was increased (e.g., when reheating food in traditional ovens and microwaves, or storing food in the refrigerator or freezer). The promotion of the benefits offered by aluminium and its methods of use was based on current legislation and the scientific data produced in studies conducted by the Ministry of Health (through the Istituto Superiore di Sanità, the technical-scientific body of the Italian Health Service) or other international research institutions such as the Nehring CommunicationInstitute.onsocial media was supported by training activities aimed at specific categories of professionals, delivered via webinars organised in collaboration with various bodies with as Formalimenti - an online training platform aimed at buyers and companies in the food sector - and Federcarni, the Association of Italian Butchers. Sample products were also provided to these two associations during the stages of the Italian Young Butchers

ThanksCompetition.toits growing focus on technological innovations to benefit the surrounding environment, the Group's companies earned various national and international awards and certifications in 2021: i2r Packaging Solutions received the Queen’s Award for Enterprise, which was awarded in 2020 but never officially handed over due to COVID, in the “International Trade” category. Contital's range of single-use aluminium plates and aluminium wrinklewall containers, both available in bare or lacquered versions, were awarded the ReMade in Italy certification, class A+. This rating is awarded to materials that have a total recycled content of 90% Italcoat was named in the Top Ten companies that use environmentally friendly products and technologies by Anver, Associazione Verniciatura Industriale and the Rivista del Colore editorial service. The recognition was awarded thanks to a special coating applied to Contital's lacquered aluminium plates.

66 EXTERNAL COMMUNICATION

67 - WASTE + RECYCLING

The - Waste + Recycling initiative was promoted by an ad hoc communication campaign on the company's social media pages and those of Legambiente Campania, as well as at specific events and press conferences organised at holiday farms (agriturismi) and other locations in the various provinces across the region.

One of the key sustainability and environmental initiatives supported by the Group was the 9th Edition of CSRMed, the Mediterranean Forum of Shared Social Responsibility. The Laminazione Sottile Group took part as a speaker in the “NRRP and the Circular Economy” and “Communication and Sustainability” sessions while also actively promoting and coordinating the “Aluminium and Sustainable Packaging” round table devoted to new consumption and production models. Other significant event was the Green Med Symposium, in which Contital discussed supply chain partnerships and resource management to promote eco-sustainable packaging. During the event, government institutions, business associations, consortia, public governance bodies and universities discussed various topics such as the Green Economy, the ecological and digital transitions, waste management and the sustainable development of the south of Italy.

OTHER SUSTAINABILITY INITIATIVES

A specific communication campaign was organised to promote the “- Waste + Recycling” project held in collaboration with Legambiente Campania The initiative aims to promote and optimise the use of aluminium to combat food waste. Participating restaurateurs in Campania could use the aluminium containers produced by Contital to enable customers to take any uneaten food home with them on request.

The campaign aimed to promote the culture of food as a value, to reduce waste and to increase awareness that, by adopting separated waste collection practices, products made from recyclable materials can be reused as new products with a lower environmental impact.

INTERNAL COMMUNICATION

The main goal of the Group's Internal Communication activities is to consolidate the knowledge and sharing of company values and ensure ever greater integration between Manageddepartments.centrally for all of the Group's Italian plants, the topics covered by internal communications ranged from environmental and social sustainability to prevention and safety (both physical and virtual), as well as events relevant to the Group and the successes achieved by specific production areas.

thecentralisedItaliancommunicationInternalattheGroup'splantswasthroughuseofastructuredcommunicationsystem.

INTERNAL COMMUNICATION AND THE PANDEMIC

As the pandemic went on, internal communication was proven to be an indispensable tool to promptly inform and update employees about changes to the company procedures adopted to manage the COVID-19 pandemic. Specific content was created to raise employee awareness about the vaccines and inform them about specific days organised by local institutions to vaccinate company employees. At the same time, clear and easily understandable notices were published to update staff about new local and national regulations regarding the mandatory use of Green Passes at private companies, or the introduction of temperature monitoring detectors at site entrances, always with a view to protecting both individual employees and the company community.

68 12 CommuniCAtion

69 COMPANY

NOVEL: DELLA STESSA ARANCIA

One of the most valuable moments during the Group's mission to create a shared company culture was the publication and internal distribution of the book “Spicchi della Stessa Arancia” (literally, Segments of the Same Orange) created to commemorate the work, commitment and foresight of Guido Moschini in the centenary year of his birth. The work was not designed to be a self-congratulatory book but rather a narrative that captures the spirit of the company, sharing the values on which the Group's history and success has been built with employees and stakeholders of Laminazione Sottile.

SPICCHI

COMMUNITIESLOCAL 102-12, 204-1, 413-1)

The Laminazione Sottile Group participates in and contributes to projects and activities with social and cultural aims and believes in supporting scientific research associations. It directs its focus specifically to the local region in which its companies operate, with the aim promoting local development and consolidating a civil consciousness of cultural renewal. The main initiatives in 2021 are described below.

13 (GRI

FONDAZIONESANCARLO

We support Teatro San Carlo in Naples, the oldest Opera House in Europe and one of the most important cultural institutions in the world. For almost 300 years, the theatre has been devoted to promoting the art and tradition of Italy's lyrical, musical and dancing heritage. The “Business Concert” project supported by the Laminazione Sottile Group won first prize in the “Application of the Art Bonus” category at the 8th edition of the Culture+Business Award 2020-2021.

RESEARCHCANCER Group companies in Italy and abroad supported various cancer research associations and foundations. In Italy, we supported Fondazione AIRC in its research and work to raise awareness about healthy lifestyles to prevent illness, and the Gold for Kids project of Fondazione Umberto Veronesi aimed at increasing the probability of recovery and improving the quality of life of children and young people affected by cancer. In the United Kingdom, i2r supported the “Wear it Pink” event organised by Breast Cancer Now, a UKbased charity that works to combat breast cancer, and the Coffee Morning fundraising event run by Macmillan Cancer Support, a British charity that provides specialist healthcare, information and financial support to people affected by cancer.

CORTINAFONDAZIONE2021

During the Alpine Ski World Cup, we supported the Foundation by signing up for the Food for Good scheme, a project launched by the non-profits Banco Alimentare and Equovento in collaboration with Federcongressi&eventi to recover surplus food prepared during major events. We donated aluminium trays to provide pasta to shelters, food banks and refugee centres. SOUP KITCHENS We responded to requests from several soup kitchens managed by national and local charities and donated thousands of aluminium containers to provide food to an increasing number of people affected by the repercussions of the economic and social crisis caused by COVID.

We provided aluminium trays to support the social canteen held in the cloisters of the church of Santa Caterina in Naples. Due to COVID, the event was held weekly in a takeaway format, and provided around 3,500 meals to 400 people in need in 2021 while recovering around two tonnes of surplus food.

MADEFONDAZIONEINCLOISTER

72 ASSOCIATIONS 14

Furthermore, IPS is affiliated with Confindustria Alessandria, while i2r Packaging Solution Ltd is part of the Shropshire Chamber of Commerce

In 2019 the Laminazione Sottile Group joined the Aluminium Stewardship Initiative, an international non-profit that unites aluminium producers, users and stakeholders from across the supply chain to maximise the sector's contribution to a sustainable society.

company Laminazione Sottile, the Group is a member of ANFIMA, ASSOMET and its Italian subgroup CentroAI for Italian aluminium manufacturers. Moreover, the companies Laminazione Sottile (Roller Group, Closure Group and Foil Recycling), Italcoat (Flexible Packaging Europe), Contital and i2r (Container Group) are members of the European Aluminium Foil Association (EAFA), enabling them to coordinate with other European companies to define shared strategies in terms of market presence and the environmental sustainability of aluminium.

Laminazione Sottile is a member of the Istituto Italiano Imballaggio, the Italian Packaging Institute, to support and promote a packaging culture founded on technology and science, while Contital is an Ambassador of the Fondazione Carta Etica del Packaging, the Packaging Charter of Ethics Foundation, which aims to promote packaging as a tool of progress and civilisation that respects sustainable and ethical development. IPS is a member of Giflex, the Italian association of flexible packaging manufacturers, united producers that develop flexographic and rotogravure printed products in the food, pharmaceutical, chemical and other industrial sectors.

The Group has been a member of the

The Group has also signed up to the Remade in Italy association, another non-profit established to support and promote recycled products through a proprietary accredited certification scheme in Italy to certify the recycled content of finished or semi-finished products.

since 2019.InitiativeStewardshipAluminiuminternational

In 2021 the Group's companies continued their membership of a network of national and international associations considered relevant to their Throughbusiness.theparent

73 (GRI 102-12, 102-13)

As regards the Group's commitment to recycling aluminium, our Italian companies are members of the Consorzio CIAL, while the company i2r is a member of the British association Alupro: both consortia guarantee the recovery and effective recycling of post-consumer aluminium sourced from separated waste collection, with the mandate to exceed the recovery targets set at national and EU level.

74 DATA INDICATORSPERFORMANCEAND 15

COMPANIES INCLUDED IN THE CONSOLIDATEDSTATEMENTSFINANCIAL SHAREHOLDERS 2020 2021 CONTITAL S.R.L. Laminazione Sottile S.p.A. 100.0% 100.0% ITALCOAT S.R.L. Laminazione Sottile S.p.A. 100.0% 100.0% I2R PACKAGING SOLUTION LTD Contital s.r.l. 100.0% 100.0% I2R KOREA CO. LTD i2r Packaging Solution Ltd 92.0% 91.0% I2R INC. i2r Packaging Solution Ltd 100.0% 100.0% IPS INDUSTRIAL PACKAGING SOLU TION S.R.L. Italcoat s.r.l. 100.0% 100.0% PLLANA GMBH Italcoat s.r.l. 90.0% 90.0% CONTITAL TURKEY Contital s.r.l. 100.0% 100.0% Figures in € LAMINAZIONESOTTILE CONTITAL ITALCOAT IPS I2R UK I2RI2RKOREAUSA PLLANA CONTITALTURKEY TURNOVER 365,536,177 71,113,659 100,540,412 18,635,793 63,171,228 27,883,791 12,366,172 EBITDA 21,274,722 9,130,863 11,616,137 -3,180,167 7,279,281 2,312,120 852,214 75 ECONOMIC INDICATORS (GRI 102-7, 102-45)

OUTSIDE ITALY EMPLOYEES AS 31/12/2020AT I2R UK I2R KOREA I2R USA PLLANA CONTITAL TR TOTAL MEN WOMEN MEN WOMEN MEN WOMEN MEN WOMEN MEN WOMEN mAnAgers 2 0 1 0 0 0 1 0 1 1 6 CleriCAl WorKers/ miDDle mAnAgers 22 18 4 1 1 0 1 1 11 6 65 blue CollAr WorKers 31 62 0 0 0 0 1 2 31 60 187 TOTAL 55 80 5 1 1 0 3 3 43 67 258 EMPLOYEES AS 31/12/2021AT I2R UK I2R KOREA I2R USA PLLANA CONTITAL TR TOTAL MEN WOMEN MEN WOMEN MEN WOMEN MEN WOMEN MEN WOMEN mAnAgers 2 0 1 0 0 0 1 0 1 1 6 CleriCAl WorKers/ miDDle mAnAgers 25 20 4 1 1 0 1 1 12 4 69 blue CollAr WorKers 32 59 0 0 0 0 1 2 30 40 164 TOTAL 59 79 5 1 1 0 3 3 43 45 239 ITALY EMPLOYEES AS 31/12/2020AT LAM. SOTTILE CONTITAL ITALCOAT IPS TOTAL men Women men Women men Women men Women mAnAgers 12 1 2 0 0 0 0 0 15 CleriCAl WorKers AnD miDDle mAnAgers 96 36 13 5 6 2 1 4 163 blue CollAr WorKers 333 1 67 0 61 0 27 0 489 TOTAL 441 38 82 5 67 2 28 4 667 EMPLOYEES AS 31/12/2021AT LAM. SOTTILE CONTITAL ITALCOAT IPS TOTAL men Women men Women men Women men Women mAnAgers 11 1 2 0 0 0 1 0 15 CleriCAl WorKers AnD miDDle mAnAgers 99 45 14 9 7 2 5 2 183 blue CollAr WorKers 327 1 66 0 61 0 26 0 481 TOTAL 437 47 82 9 68 2 32 2 679 76 15 DAtA AnD perFormAnCe inDiCAtors EMPLOYEES BY COMPANY, BY CONTRACT TYPE AND GENDER

OUTSIDE ITALY EMPLOYEES AS 31/12/2020AT I2R UK I2R KOREA I2R USA PLLANA CONTITAL TR TOTAL MEN WOMEN MEN WOMEN MEN WOMEN MEN WOMEN MEN WOMEN mAnAgers 0 0 0 0 0 0 0 0 0 0 0 CleriCAl WorKers/ miDDle mAnAgers 0 0 0 0 0 0 0 0 0 0 0 blue CollAr WorKers 3 7 0 0 0 0 0 0 0 0 10 TOTAL 3 7 0 0 0 0 0 0 0 0 10 EMPLOYEES AS 31/12/2021AT I2R UK I2R KOREA I2R USA PLLANA CONTITAL TR TOTAL MEN WOMEN MEN WOMEN MEN WOMEN MEN WOMEN MEN WOMEN mAnAgers 0 0 0 0 0 0 0 0 0 0 0 CleriCAl WorKers/ miDDle mAnAgers 0 0 0 0 0 0 0 0 0 0 0 blue CollAr WorKers 5 10 0 0 0 0 0 0 0 0 15 TOTAL 5 10 0 0 0 0 0 0 0 0 15 ITALY TEMPORARY EMPLOYEES AS AT 31/12/2020 LAM. SOTTILE CONTITAL ITALCOAT IPS TOTAL men Women men Women men Women men Women mAnAgers 0 0 0 0 0 0 0 0 0 CleriCAl WorKers AnD miDDle mAnAgers 16 12 3 8 0 0 1 3 43 blue CollAr WorKers 102 0 27 0 13 0 23 0 165 TOTAL 118 12 30 8 13 0 24 3 208 TEMPORARY EMPLOYEES AS AT 31/12/2021 LAM. SOTTILE CONTITAL ITALCOAT IPS TOTAL men Women men Women men Women men Women mAnAgers 0 0 0 0 0 0 0 0 0 CleriCAl WorKers AnD miDDle mAnAgers 12 14 2 6 0 0 1 1 36 blue CollAr WorKers 122 0 26 0 24 0 28 0 200 TOTAL 134 14 28 6 24 0 29 1 236 77 TEMPORARY WORKERS BY COMPANY, BY CONTRACT TYPE AND GENDER

WOMEN MEN 2020 2021 2020 2021 <32 yeArs 0 1 0 0 From 33 to 40 yeArs 1 0 2 2 From 41 to 55 yeArs 1 1 10 8 >55 yeArs 0 0 7 9 TOTAL 2 2 19 19 WOMEN MEN 2020 2021 2020 2021 <32 yeArs 40 46 41 49 From 33 to 40 yeArs 27 34 38 39 From 41 to 55 yeArs 26 21 73 72 >55 yeArs 3 4 23 23 TOTAL 96 105 175 183 MANAGERS CLERICAL WORKERS AND MIDDLEBLUEMANAGERSCOLLARWORKERS WOMEN MEN 2020 2021 2020 2021 <32 yeArs 68 52 271 296 From 33 to 40 yeArs 32 28 122 114 From 41 to 55 yeArs 29 30 267 263 >55 yeArs 3 2 59 75 TOTAL 132 112 719 748 TOTAL 2020 2021 0 1 3 2 11 9 7 9 21 21 TOTAL 2020 2021 81 95 65 73 99 93 26 27 271 288 TOTAL 2020 2021 339 348 154 142 296 293 62 77 851 860 78 WORKFORCE OF THE LAMINAZIONE SOTTILE GROUP AS AT 31/12/2021 INFORMATION ON EMPLOYEES AND TEMPORARY WORKERS 15 DAtA AnD perFormAnCe inDiCAtors

NEW HIRES 2020 2021 lAminAZione sottile 11 18 ContitAl 3 5 itAlCoAt 2 3 ips 10 11 i2r uK-Kor usA 25 8 pllAnA 0 0 ContitAl tr 84 85 WOMEN MEN 2020 2021 2020 2021 permAnent 199 180 725 723 FiXeD term 1 8 0 7 Full time 197 185 725 730 pArt time 3 3 0 0 TOTAL 200 188 725 730 TOTAL 2020 2021 924 903 1 15 922 915 3 3 925 918 79 EMPLOYEES BY CONTRACT TYPE (NOT INCLUDING TEMPORARY WORKERS)

MATERIALS - ITALIAN COMPANIES Unit of measurement 2020 2021 PROCESS RAW MATERIALS Aluminium 99,5%, scrap, master alloys, paints, inks, solvents, A-PET etc. t 153,980 164,411 AUXILIARY MATERIALS t 16,493 17,007 CHEMICALS Chemical products to treat aluminium, industrial water and weld pools, to purify water for laboratory use t 1,393 1,512 GREASE AND LUBRICANTS Rolling fluid, lubricating oils and greases for maintenance, cold rolling additives, cutting oils for finished productemulsifierlubrication,oils t 913 909 REFRACTORY MATERIALS refractory materials for foundries t 666 699 TECHNICAL GASES Liquid nitrogen, argon, propane, chlorine, carbon dioxide, oxygen t 9,004 8,809 PACKAGING Wood, plastic, aluminium, cardboardandiron t 4,517 5,076 ENERGY CONSUMPTION BY SOURCECOMPANIESITALIAN Unit of measurement 2020 2021 ELECTRICITY GJ 373,138 389,792 METHANE GJ 1,028,442 1,103,742 80 ENVIRONMENTAL INDICATORS (GRI 301-1, 301-2, 302-1, 305-2, 305-7, 306-2) 15 DAtA AnD perFormAnCe inDiCAtors

ATMOSPHERIC EMISSIONSCOMPANIESITALIAN Unit of measurement 2020 2021 Co2 GJ t 60,679.00 64,750.00 noX t 283.44 261.20 Co GJ t 18.04 13.28 soX t 2.75 1.77 Dust t 2.86 2.41 nh3 t 0.003 0.04 hCl t 0.75 0.79 oil mist t 1.66 1.66 CoV t 66.71 68.30 hF t 0.02 0.03 so4 t 0.04 0.03 Cr6+ t 0.00 0.00 WASTE - ITALIAN COMPANIES Unit of measurement 2020 2021 TOTAL WASTE PRODUCTION t 15,382 16,874 totAl hAZArDous WAste t 1,016 1,320 totAl non hAZArDous WAste t 14,366 15,554 totAl hAZArDous WAste sent For DisposAl t 641 812 totAl hAZArDous WAste sent For reCoVery t 375 508 totAl non hAZArDous WAste sent For DisposAl t 829 871 totAl non hAZArDous WAste sent For reCoVery t 13,537 14,683 81

82 NOTE ON METHODOLOGY 16

From being awarded SA 8000 certification in 2015 and until 2019, the company Laminazione Sottile produced a corporate Social Responsibility Report. Since 2019, the Laminazione Sottile Group has voluntarily produced a Group Sustainability Report, published annually. This year's edition covers the reporting period from 1 January to 31 December 2021. The Report includes the data of all of the Group's Italian and non-Italian companies. No instances of social or economic non-compliance were identified. The information contained in this Sustainability Report refers, for each standard adopted, to the respective GRI Standard 2016 published in Italian on 26 September 2019. The list of GRI content used can be found in the GRI comparison table in paragraph 17. This document is available in the Sustainability section of the company website For more information on the Sustainability Report please contact marketing@laminazionesottile.com

83 (GRI 102-50, 102-51, 102-52, 102-53, 102-54, 419-1)

www.laminazionesottile.com

GRI DESCRIPTION SECTION REFERENCE OMISSIONS GENERAL INFORMATION orgAnisAtionAl proFile 102-1 name of the organization page 8-11 102-2 Activities, brands, products, and services page 15-16 102-3 location of headquarters page 8-11 102-4 location of operations page 9-11 102-5 ownership and legal form page 20-23 102-6 markets served page 15-17 102-7 scale of the organization page 6-7; 74-79 102-8 information on employees andworkersother page 74-79 102-9 supply chain page 56-59 102-10 Significant changes to the organization and its supply chain page 59 102-11 precautionary principle or approach page 26-30 102-12 external initiatives page 70-73 102-13 membership of associations page 72-73 17 84 GRI TABLECOMPARISONSTANDARDS

GRI DESCRIPTION SECTION REFERENCE OMISSIONS strAtegy 102-14 statement from senior decision-maker page 4-5 102-15 Key impacts, risks, and opportunities page 17 ethiCs AnD integrity 102-16 Values, principles, standards, and norms of behavior page 14 goVernAnCe 102-18 governance structure page 21-22 stAKeholDer engAgement 102-40 list of stakeholder groups page 60-61 102-41 Collective bargaining agreements page 46-47 102-42 identifying and selecting stakeholders page 60-61 102-43 Approach to stakeholder engagement page 60-61 reporting prACtiCe 102-45 entities included in the consolidated financial statements page 75 102-50 reporting period page 82-83 102-51 Date of most recent report page 82-83 102-52 reporting cycle page 82-83 102-53 Contact point for questions theregardingreport page 82-83 102-54 Claims of reporting in accordance with the gri standards page 82-83 102-55 gri content index page 84-89 85

GRI DESCRIPTION SECTION REFERENCE OMISSIONS SPECIFIC200INFORMATION-ECONOMIC MANAGEMENT APPROACH 103-1 explanation of the material topic and its boundary page 56-59; 62-63 103-2 the management approach and its components page 56-59; 62-63 103-3 evaluation of the managementapproach page 56-59; 62-63 ECONOMIC PERFORMANCE 201-1 Direct economic value generated and distributed page 62-63 201-4 Financial assistance receivedgovernmentfrom page 37 MARKET PRESENCE 202-2 proportion of senior management hired from the local community page 43 PROCUREMENT PRACTICES 204-1 proportion of spending on local suppliers page 56-58; 70-71 ANTI-CORRUPTION 205-1 operations assessed for risks related to corruption page 24-25 205-3 Confirmed incidents of corruption and actions taken page 24-25 ANTI-COMPETITIVE BEHAVIOUR 206-1 legal actions for behavior,anti-competitiveanti-trust, and monopoly practices page 24-25 300 - ENVIRONMENT MANAGEMENT APPROACH 103-1 explanation of the material topic and its boundary page 26-37 103-2 the management approach and its components page 26-37 103-3 evaluation of the managementapproach page 26-37 MATERIALS 301-1 materials used by weight or volume page 37; 80 301-2 recycled materialsinputused page 37; 80 86 17 gri stAnDArDs CompArison tAble

GRI DESCRIPTION SECTION REFERENCE OMISSIONS ENERGY 302-1 energy consumption within the organization page 37; 80 302-3 energy intensity page 34-35 302-4 reduction of energy consumption page 34-35 WATER AND EFFLUENTS 303-1 interactions with water as a shared resource page 35 303-2 management of waterrelateddischarge-impacts page 35 303-3 Water withdrawal page 35 303-4 Water discharge page 35 303-5 Water consumption page 35 EMISSIONS 305-2 energy indirect (scope 2) ghg emissions page 36; 80 305-4 ghg emissions intensity page 36 305-7 nitrogen oxides (nox), sulfur oxides (sox), and other significant air emissions page 36; 80 EFFLUENTS AND WASTE 306-2 Management of significant wasterelated impacts page 31-33; 81 ENVIRONMENTAL COMPLIANCE 307-1 non-compliance with environmental laws and regulations page 26-28 400 - SOCIAL MANAGEMENT APPROACH 103-1 explanation of the material topic and its boundary page 38-55 103-2 the management approach and its components page 38-55 103-3 evaluation of the managementapproach page 38-55 EMPLOYMENT 401-1 new employee hires and employee turnover page 41-42; 74-79 401-3 parental leave page 44 LABOUR/MANAGEMENT RELATIONS 402-1 minimum notice periods regarding operational changes the company applies all provisions established under the Collective bargaining Agreement (CCnl) 87

GRI DESCRIPTION SECTION REFERENCE OMISSIONS OCCUPATIONAL HEALTH & SAFETY 403-1 occupational health and safety management system page 48-52 403-2 Hazard identification, risk assessment, and investigationincident page 48-52 403-3 occupational health services page 53 403-4 Worker participation, consultation, and communication on occupational health and safety page 48-52; 65; 68 403-5 Worker training on healthoccupationalandsafety page 53 403-6 promotion of worker health page 53 403-7 prevention and mitigation of occupational health and safety impacts directly linked by business relationships page 54-55 403-8 Workers covered by an occupational health and safety management system page 48-52 403-9 Work-related injuries page 48-52 403-10 Work-related ill health page 48-52 TRAINING AND EDUCATION 404-1 Average hours of training per year per employee page 45 404-3 percentage of employees receiving regular performance and career development reviews page 45 DIVERSITY AND EQUAL OPPORTUNITY 405-1 Diversity of governance bodies and employees page 22; 76-79 NON-DISCRIMINATION 406-1 incidents of discrimination and corrective actions taken page 44 LOCAL COMMUNITIES 413-1 operations with local community engagement, impact assessments, and development programs page 70-71 88 17 gri stAnDArDs CompArison tAble

GRI DESCRIPTION SECTION REFERENCE OMISSIONS CUSTOMER PRIVACY 418-1 substantiated complaints concerning breaches of customer privacy and losses of customerdata page 65 SOCIOECONOMIC COMPLIANCE 419-1 non-compliance with laws and regulations in the social and economic area page 82-83 89

Completed in July 2022 Graphic design and layout: Hub Editoriale - www.hubeditoriale.it

LAMINAZIONE SOTTILE S.P.A. Registered Office Via Cannola al Trivio, 28 80141 Napoli, Italy Offices and Plant S.S. 87 Km 21,200 81020 S. Marco Evangelista (CE) - Italy