COINDU | Sustainability Report 2023

Materiality assessment Relationship with stakeholders Stakeholder engagement is a crucial process to COINDU because it helps our organization to better understand the needs and concerns of stakeholders, build relationships, and trust, and make more informed and effective decisions. Our efforts to be more be more transparent and accountable are anchored in involving stakeholders who have an interest in or impact on an organization or project in the decision- making process. Due to the nature of COINDU activities for the OEM and TIER1 in the automotive industry, the process of customer engage- ment is continuous from quotation to SOP established and production. COINDU as identified is stakeholders, there needs and expectations, as described in the following table. GRI 2-28|2-29|2-30 STAKEHOLDER GROUP STAKEHOLDER SUBGROUP NEEDS/EXPECTATIONS CUSTOMERS OEM - Certification on the standard IATF 16949; - Certification on the standard ISO 9001; - Certification on the standard ISO 14001; - Certification on the standard ISO 45001; - Certification on the standard ISO 50001; - Certification on the standard VDA-ISA (TISAX); - Compliance with legal and regulatory requirements; - Use of renewable energies; - Ensure that no critical/hazardous material and substances such as heavy metals are contained in products and materials in accordance with the ELV Directive (2000/53/EC) and its updated Annex II: - Meeting its obligations under REACH; - Registration and submission to IMDS; - Returnable/recyclable packaging; - Identification barcode that allows product traceability; - Quality of service provided; - In situations of deviation, implementation of effective corrective actions; - Knowledge of CSR’s; - Compliance with Sustainability Requirements. TIER 1 68