COINDU | Sustainability Report 2023

Conclusion and Future Prospects and leather, more value has been produced in relation to the related environmental effects. The goal is to develop novel, environmentally friendly products that have the ability to be circular. • Develop new product cycle from cutting scrap (leather, PVC / fabrics / foams) ECONOMIC OBJECTIVES E1. LONG-TERM STABILITY E1.1 - COINDU will increase its financial independence and es- tablish a long-term stability of all critical financing tool. COINDU will reach best-in-class debt-to-equity ratios. E2. GLOBAL FOOTPRINT AND GROWTH STRATEGY E2.1 - COINDU will reach best-in-class debt-to-equity ratios. E2.2 - COINDU will grow along the current sectors of activity and ensure a continuous improvement of the performance indicators on all existing sites privileging the growth and strengthening of those sites against short-termism labour low-cost following. E2.4 – COINDU will add new brands and commodities to the portfolio. SOCIAL STRATEGIC INITIATIVE SOCIAL RESPONSIBILITY WITH EMPLOYEES AND LOCAL COMMUNITIES At COINDU we believe that our success is intertwined with the well- being of our employees and the communities in which we operate. As a responsible corporate citizen, we have undertaken various initia- tives to fulfil our social responsibility towards our employees and local 140