COINDU | Sustainability Report - 2024

Conclusion and Future Prospects with research labs to create methods for recycling used textile and leather, more value has been produced in relation to the related en- vironmental effects. The goal is to develop novel, environmentally friendly products that have the ability to be circular from our cutting scraps (leather, PVC, fabrics and/or foams). Economic objectives E1. LONG-TERM STABILITY E1.1 - COINDU will increase its financial independence and establish 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 intrinsically linked to the well-being of our employees and the communities where we operate. The group has been developing several initiatives that reflect its com- mitment to social responsibility, both internally and externally. We recognize that companies have a key role to play in promoting more sustainable and inclusive communities. Thus, we constantly seek to contribute positively to the social, economic and environmental development of the regions in which we operate. 144