Corticeira Amorim Sgps Sa · EURONEXT:COR
Corticeira Amorim Sgps Sa — Corticeira Amorim — ESG Presentation (June 2021)
35 slides from Corticeira Amorim Sgps Sa's sustainability presentation, Jun 30, 2021
Slide 1: Sustainable by nature
Sustaina ——_*
Slide 2: Index
Index 01 About Amorim O2 OurRaw Material O3 Our Culture O04 Our Stakeholders O5 OurESG Strategy Environmental Social Governance lI Index AMORIM 2
Slide 3: About Amorim
About Amorim » Avertically integrated company » Deep knowledge about cork and strategic vision of natural resources over the long term » Maximization of value of resources through product diversification » Products with negative carbon balance » Unique portfolio of cork stoppers covering all segment
Slide 4: Facts & Figures
Facts & Figures > The largest global exporter of cork >» The oldest cork company in the world in continuous operation (1870) >» The largest world’s cork processing company » Presence in 28 countries in 5 continents >» The biggest distribution network in the sector (51 companies) > Diversified client
Slide 5: Vertical Integration
Vertical Integration CORTICETRA AMORIM AMORIM AMORIM AMORIM AMORIM AMORIM FLORESTAL CORK CORK CORK CORK FLOORING COMPOSITES INSULATION Sustainable by nature
Slide 6: Worldwide Presence
Worldwide Presence 10 CorkRaw Material Preparation Plants 18 Industrial Plants ° 51 Distribution Companies 12 Joint Ventures Sustainable by nature AMORIM 6
Slide 7: Sales, 2020
Sales, 2020 Sales by Geographical Area 6.4% 51% 80% 3.9% | 1,4% mEU* USA mRestofAmerica © Australasia mPortugal =RestofEurope mAfrica * Includes Switzerland and Norway and excludes Portugal Sales by Business Unit ™ Cork Stoppers = Floor and Wall Coverings ™ Composite Cork Insulation Cork m Raw Mater
Slide 8: Sustainable Value Creation
Sustainable Value Creation Family owned company witha strong track record of sustainable growth over its 150-year existence Fourth generation committed to foster investment and adopt best international practices to address future challenges and to enhance long-term growth, profitability and positive
Slide 9: 800,0 20,0% 700,0 15,0% 600,0 10,0% 500,0 400,0 5,0% 300,0 ,0% 200,0 -5,0% 100,0
800,0 20,0% 700,0 15,0% 600,0 10,0% 500,0 400,0 5,0% 300,0 0,0% 200,0 -5,0% 100,0 0,0 -10,0%
Slide 10: Our Raw Material
Our Raw Material Cork is the outer bark of the Quercus Suber L. (cork oak tree) Acork oak tree canlive up to 200 years, during which time it may be harvested 15 to 18 times The process of natural cork extraction is called harvesting, a highly specialized process that does not harm the tree It takes,
Slide 11: Cork's own Nature
Cork’s own Nature Cork is an ecological and sustainable material 100% natural, renewable, recyclable and reusable » Acoustic insulator » Resilient >» Thermal effective > Very light > Impermeable to liquids » Hypoallergenic and gases » Shock absorbent » Elastic and compressible > Soft touch » High te
Slide 12: Annual cork production and cork oak forest area
Annual cork production and cork oak forest area FaaNoe 2.6% ITALY monn oal Forest area SPAIN 6,161 Tons PORTUGAL 305%," 3.1% Portugal 720 34% 100,000 Tons 70 Spain 574 27% 49.6% Morocco 383 18% Algeria 230 11% Tunisia 86 4% TUNISIA France 65 3% 35% Italy 65 3% : Source: Portugal IFN6, 2019; Spain: M
Slide 13: Our Culture
Our Culture Sustainability is paramount to our Business, being part of our Mission and Vision To add value to cork, ina competitive, differentiating and innovative manner, in perfect harmony with Nature ie | ' Values’ To be asustainable company, providing suitable value for the capital invested whil
Slide 14: Commitments and Recognition
Commitments and Recognition Strategic commitment to sustainability reinforced by assuming voluntary initiatives and recognized by independent entities and stakeholders 50 SUSTAINABILITY & CLIMATE LEADERS 2c ii External Endorsement ~x 4nature S$ Vy BCSD Empresas pela Biodiversidade the porto proto: W
Slide 15: Green Bond
Green Bond In 2020, we launched the first green bond issue reaffirming the continued commitment to the application of Environmental, Social, Governance (ESG) principles and best practices > Totalamount:€ 40mn > Period: 2020-25 Environmentally sustainable Renewable, low carbon, eco- WwW Renewable man
Slide 16: Our Stakeholders
Our Stakeholders Stakeholders are fundamental to improve our performance and validate strategic priorities Asound engagement model based on regular interactions is critical create value to all stakeholders over the long-term Se Our Customers Our People more than 27,000 more than4,300 Sustainable by
Slide 17: Our ESG Strategy
Our ESG Strategy Sustainable Development Goals are an integral part of our Sustainability Strategy We are committed to a solid and dynamic future with sustainability as the main reference Corticeira Amorim aligns its strategy with 12 Sustainable Development Goals Ensuring health and safety Promoting
Slide 18: ESG Strategic Goals
ESG Strategic Goals A robust Governance Modelestablishes responsible practices and guarantees transparency, professionalism, competence and diversity Cork Oak Forest Training and Development Preserve the cork oak forest and ecosystem Promote training, welfare and personal services by increasing know
Slide 19: Targets: 2021-2024
Targets: 2021-2024 (Portuguese operations) + 3,000 ha cork oak forest interventions by 2024 Climate Changes =1% water Consumption intensity/year + 2% energy efficiency /year _ 2 2/3 enerey consumed” > olle from controlled renewable sources /year Circular Economy -5% weight of virgin non- renewable m
Slide 20: Environmental
AMORIM Environmental
Slide 21: Biodiversity and Ecosystems Services
Biodiversity and \ ies IM Ecosystems Services . Cork oak forests— Montado- play a crucial role in the world’s ecological balance » Natural CO; retainer “sfnaximum recerdedicarbon™ sequestrationiper tontofeork’extracted, © » Social benefits: create employment and ; : wa wealth *- 100,000 peopledepena
Slide 22: Sustainable Management Practices
Sustainable Management Practices Preserving the Montado and its ecosystem services and promoting responsible Supply Chain are strategic priorities Initiatives to promote the Montado: >» Developing a Forestry Intervention Project >» Supporting new plantations » Promoting FSC ® certification = Units.w
Slide 23: Mitigating Climate Change
Mitigating Climate Change We want to play our part in tackling climate change and work continuously on reducing our carbon footprint Performance of our operations in 2020 > 83% energy from renewable sources > 66% energy from controlled renewable sources (biomass) > 71,374 t COzeq avoided emissions >
Slide 24: Circular Economy Model
Circular Economy Model AMORIM = C More than 50 years of circular economy principles applied in our business cork t “Nothing is wasted, everything is valued”: striving continuously to reach zero waste and to opses Soe InaaStY optimise the added value of all raw materials >» Integrated production proc
Slide 25: Green Products
Green Products Corkisan excellent alternative to high impact non-renewable materials, leadingto the transition to alow carbon economy AMORIM CORK AMORIM CORK FLOORING AMORIM CORK COMPOSITES AMORIM CORK INSULATION First choice for customers who want better quality and contribute to climate regulation
Slide 26: Social
Slide 27: Training and Development
Training and Development e Structural Principles: dignity, non-discrimination, equal rights, a education, personal/professional development, freedom of association Our goals: Gender Equality: > ensure training to all employees > Internal and externalcommitment > guarantee equal access to opportuniti
Slide 28: Health and Safety
Health and Safety We promote a culture of safety among our employees, thus ensuring that we are contributing to a healthy and sustainable lifestyle Our goals > reduce the frequency of work accidents, targeting zero accidents by 2024 > improve working conditions and well-being of our employees > impr
Slide 29: Society
Society Leverage economic growth, whilst supporting RD&I, promoting sustainable solutions, and encouraging knowledge, educational, research and artistic projects Strong commitment to promote social equilibrium, playing a key role in building resilient communities and supporting them to overcome thei
Slide 30: Total Value
Cork oak montado Environmental Economic and social Total Value ecosystem services impact impact
Slide 31: Governance
Slide 32: Anglo-Saxon Model
Anglo-Saxon Model Balanced and agile Governance Model GENERAL MEETING [ I l Audit Committee Board of Directors Statutory Auditor Composed entirely : of independent members H Cc "sSecret. H Bannnnnne rompany ssecretary Appointments, Evaluation Executive Committee Risk Committee . . and Remuneration C
Slide 33: Leveraging Board Effectiveness
Leveraging Board Effectiveness Independence and Diversity Number of Directors: 10 >» Appointed by the General Meeting for a 3-year mandate >» The AGM, when voting on the Annual Accounts, may decide on the dismissal of the members of the Board of Directors Independent Board Members » Skills and exper
Slide 34: AMORIM
AMORIM Corticeira Amorim, SGPS, S.A. Public Compan Rua Comendador Américo Ferreira Amorim, 380 www.amorim.com T +351 22 747 54 00 F +35122 7475407 POBOX 20 4536-902Mozelos, Portugal amorim@amorim.com Disclaimer: Without prejudice to the generality of the foregoing paragraphs, we donot represent, war
Slide 35: Sustainable by nature