COINDU | Sustainability Report 2023

SUSTAINABILITY REPORT 2023 compliance with tax rules. These actions include analysing legisla- tive changes, reviewing internal tax practices and evaluating possible financial and reputational impacts. The Accounting and Taxation area, supported by local teams, is re- sponsible for implementing the Group’s tax strategy. The Executive Committee is always informed of the main tax implica- tions of the most relevant transactions, with the Supervisory Board being responsible for supervising them. COINDU maintains an open and transparent dialogue with our stakehold- ers, promptly responding to any questions or concerns they may have. Country-by-country reporting The tax information reported here covers the period from 1-1-2023 to 31-12-2023. GRI 207-4 PT - Joane PT - Arcos Tetla Tax jurisdictions Portugal Mexico Names of the resident entities Coindu - Componentes para a Indústria Automóvel S.A. Coindu Mexico, S. de RL CV Primary activities of the organization COINDU main products are Covers in natural leather and fabric for seats and accessories and Leather Kits. Number of employees based on social security reports 2427 879 1619 Revenues from third-party sales 161,2 M€ 104,1 M€ Revenues from intra-group transactions with other tax jurisdictions 11,0 M€ 0,6 M€ Profit/loss before tax -18,2 M€ -1,9 M€ Tangible assets other than cash and cash equivalents 48,4 M€ 38,5 M€ Corporate income tax paid on a cash basis -0,2 M€ -0,1 M€ Corporate income tax accrued on profit/loss -0,3 M€ -0,8 M€ Reasons for the difference between corporate income tax accrued on profit/loss and the tax due if the statutory tax rate is applied to profit/loss before tax. The major reason is the profit/loss not accepted for tax purposes. 81