COINDU | Sustainability Report - 2024

Economic dimension STRATEGY FOR CARBON NEUTRALITY BY 2050 Climate changes as been identified as one of the greatest challenges facing nations, governments, business and citizens over the future decades that has implications for both human and natural systems lead- ing to significant changes in resource use, production and economic activity. In response, COINDU developed initiatives to quantify, monitor, report and remove its greenhouse gas emissions (GHG), defining and reporting a Decarbonization Plan: • Target 1 - by 2050: 80% reduction in Scope 1 emissions • Target 2 – by 2030: 80% reduction in Scope 2 emissions • Target 3 – by 2050: 90% reduction in Scope 1 + Scope 2 emissions The reduction of the remaining percentage will be compensated for with PPA’s (Power Purchase Agreements) for Scope 2 emissions. For Scope 1 emissions, COINDU plans to compensate through the purchase of verified carbon credits. These goals can be achieved by systematically reducing and removing GHG emissions internally on the facilities infrastructures and within the entire supply chain. We are committed to facing climate challenges and contributing to a more sustainable future. We will continue to monitor and adapt our strategies as a new information and regulations emerge. The set of measures in place ensures that an exponential risk exceed- ing a loss than €0,5M is very unlikely. DEFINED BENEFIT PLAN OBLIGATIONS AND OTHER RETIREMENT PLANS COINDU is a reference in the sector for the effort it has made in recent years to reduce the wage gap between Portugal, Mexico and other low- cost countries. This goal has been achieved by improving processes and productivity, with a focus on digitization, automation and workforce GRI 201-3 78