COINDU | Sustainability Report 2023

Economic dimension Financial assistance received from government Government grants were limited to 15.635,00 € in 2023. This financial assistance took the monetary form to offset expenses incurred in the execution of Portugal developed projects. Tax The tax strategy reflects COINDU commitment to complying with good tax practices through principles of responsibility, sustainability and transparency. It is closely aligned with business objectives and global operations. We work to ensure that our tax practices support our long-term objectives and promote sustainable growth. This approach includes considering tax impacts in all significant business decisions and ensuring that our operations are structured to comply with all tax obligations in a fair and efficient manner. In the decision-making process, the effects of taxes are considered, either through cost analysis or through possible tax incentives or other exemptions granted by the State. COINDU takes a prudent approach to tax matters, avoiding tax eva- sion practices and complying with the rules in line with the spirit of local laws. Considering the commercial activities carried out in Portugal and Mexico, continuous communication is promoted between local tax teams and the corporate team. In cases where there are tax doubts, the tax team from each geography exposes the situation to the cor- porate team, and a joint action is defined, which may result in the involvement of tax consultants. Additionally, together with tax consultants, actions are developed with the aim of identifying areas for improvement and ensuring continuous GRI 201-4 GRI 207-1|207-2| 207-3 80