COINDU | Sustainability Report 2023

Corporate Governance ensuring compliance with the minimum wage and are included in the negotiation process. Ratio of the annual total compensation for the organization’s highest-paid individual to the median annual total com- pensation for all employees (excluding the highest-paid individual) is 17,98. Ratio of the percentage increase in annual total compensation for the organization’s highest-paid individual to the median percentage increase in annual total compensation for all employees (excluding the highest-paid individual) was 0%. Once all collaborators were listed, all requested data were comparatively analyzed in order to generate contextual information necessary to understand the data and how the data has been compiled. Committees, policies and management practices COINDU’s Executive Board appointed the COO as responsible for coordinating all levels of corporate and local management in matters related to sustainability, environment and health and work, as well to supervise COINDU’s Corporate Management System. COINDU Group values its stakeholders and recognizes the importance of being socially responsible as essential to our long-term success and to build trust, create a positive reputation, increase customer loyalty, and better business relationships. We have a strong sense of social responsibility to address the needs and well-being of customers, shareholders, employees, suppliers, and the community. COINDU has set a framework of policies and guidelines that inform a company’s conduct, decision-making and practice, building upon accountability, GRI 2-6|2-15|2-23| 2-24|2-25|2-26|2-27 54