Corticeira Amorim Sgps Sa · EURONEXT:COR
Corticeira Amorim Sgps Sa — ESG Presentation (April 2022)
38 slides from Corticeira Amorim Sgps Sa's sustainability presentation, April 2022
Slide 1: Sustainable by nature
AMORIM Sustainable by nature April 2022
Slide 2: Index
Index 01 About Amorim O02 Our Raw Material O3 Our Culture 04 OurESG Strategy Environmental Social Governance Index AMORIM
Slide 3: About Amorim
About Amorim >» 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 (56 distribution companies) > Diversif
Slide 4: Vertical Integration
Vertical Integration Maximization of value of resources through product diversification CORTICEIRA AMORIM [ I [ l AMORIM AMORIM AMORIM AMORIM AMORIM FLORESTAL CORK CORK CORK CORK FLOORING COMPOSITES INSULATION Deep knowledge Unique portfolio The most An unrivalled World class about cork and of cork
Slide 5: Worldwide Presence
Worldwide Presence 10 Cork Raw Material Preparation Plants 17 Industrial Plants e 56 Distribution Companies 12 Joint Ventures The World Leader in Cork AMORIM 5
Slide 6: Sales, 2021
Sales, 2021 Sales by Geographical Area mEU* @USA @RestofAmerica Australdsia ml Portugal * Includes Switzerland and Norway and excludes Portugal Rest ofEurope = Africa Sales by Business Unit ™ Cork Stoppers. m= Composite Cork m Raw Materials = Floor and Wall Coverings Insulation Cork The World Leader
Slide 7: 20,0% 800,0 700,0 15,0% 600,0 500,0 10,0% 400,0 300,0 5,0% 00,0 100,0 0,0 0,0%
20,0% 800,0 700,0 15,0% 600,0 500,0 10,0% 400,0 300,0 5,0% 200,0 100,0 0,0 0,0%
Slide 8: Sustainable Value Creation
Sustainable Value Creation Family owned company witha strong track record of sustainable growth Fourth generation committed to foster investment and adopt best international practices to address future challenges and to enhance long-term growth, profitability and positive impact 1870 - 1960 1960 - 1
Slide 9: Shareholder Structure
Shareholder Structure "AMERICOFERREIRADEAMORIMFAMILYOFFICE —-—=~-ANTONIOFERREIRAAMORIMFAMILYOFFICE CORTICEIRA AMORIM, SGPS, SA FREE-FLOAT Held directly and indirectly. Free-float includes 3,045,823 shares (2.29%) held by fund managed by Santander Asset Management, SA, SGIIC (June 2019) The World Lea
Slide 10: Our Raw Material
Our Raw Material Cork is the outer bark of the Quercus Suber L. (cork oak tree) The process of natural cork extraction is called harvesting, a highly specialized process that does not harm the tree It takes, on average, 25 years before a cork oak can be harvested for the first time The following har
Slide 11: Cork's own Nature
Cork’s own Nature Cork isa biodegradable 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 t
Slide 12: Cork Oak Forest
Cork Oak Forest : FRANCE Annual cork production and cork forest area 5,200 Tons 2.6% Cork oak forest area (thousand hectares) ITALY Portugal 720 34% SPAIN 6,161 Tons Spain 574 27% PORTUGAL 81,604 Tons 3.1% Morocco 383 18% 100,000 Tons 30.5% Algeria 230 11% 49.6% Tunisia 86 4% France 65 3% Ital Of TU
Slide 13: Biodiversity and Ecosystems Services
Biodiversity and | Ecosystems Services Cork oak forests play a crucial role in the world’s ecological balance > Generate high rates of biodiversity >» Natural CO, capture and storage > Act as a barrier against fires >» Regulate the hydrological balance > Protect against soil erosion and decrease the
Slide 14: Our Culture
Our Culture Sustainability is part of our Mission, Vision and Values Mission “To add value to cork, ina competitive, differentiating and innovative manner, in perfect harmony with Nature.” Values Ambition | Initiative | Pride | Attitude | Sobriety Sustainable by nature AMORIM 14
Slide 15: Sustainable Funding
Sustainable Funding Financing our Sustainable by nature programme and extending debt maturity Sustainable Financing totalled 62.5 ME (Dec. 2021) Green Bonds (Dec. 2020) >» Total Amount: 40 M© »Period: 2020-25 »Refinance a diversified set of green investments made in 2017-1H2020 Sustainability Linked
Slide 16: Our ESG Strategy
Our ESG Strategy Promote . . . transparency Committed to asolid and dynamic and responsibility future with sustainability as the main reference Ethics and Value Chain Cork Oak Integrity Par i a Sustainable Development genset A environmental Goals are an integral part of — featiaeeaie our Sustainabil
Slide 17: ESG Strategy Goals
ESG Strategy Goals F Ethics and Integrity Actin an appropriate and ethical way, with transparency and responsibility, stimulating competitiveness and the creation of long-term value Value Chain Reinforce responsible production and consumption, preferably selecting suppliers that adopt good ESG pract
Slide 18: ESG Targets: 2030
ESG Targets: 2030 | 100% workers accessing training in) Zero gS discrimination 100% electricity from renewable sources DECENT WORK AND oo ZeTO work accidents ai 9 INDUSTRY, INNOVATION AND INFRASTRUCTURE. Zero impactin packaging 100% wasterecovery rate Zero carbon footprint (scope 1 and 2) VELOPMENT.
Slide 19: Our Journey: 2021-24
Our Journey: 2021-24 Cork Oak Forest 15 tino @- = + 3,000 hacork oak forest = interventions by 2024 F -1% water consumption Climate intensity/year s Changes +2% energy efficiency /year CANTER ose q 2 2/3 energy consumed fromcontrolled renewable sources /year Circular Economy -5% weight of virgin non
Slide 20: ESG Performance
ESG Performance RENEWABLE ENERGY (% TOTAL CONSUMPTION) 80,0% 83,3% 785% total controlled ___s 62,7% 65,6% 67.8% 2019 2020 2021 WEIGHT OF VIRGIN NON-RENEWABLE MATERIALS (%TOTAL CONSUMPTION) 2019 2020 2021 LOST TIME INJURY FREQUENCY RATE. 19,6 a a ; 2019 2020 2021 ENERGY EFFICIENCY (%) 3.8% 3.4% 3.8%
Slide 21: Environmental
AMORIM Environmental Cork Oak Forest Climate Change Circular Economy Green Products
Slide 22: Cork Oak Forest
Cork Oak Forest Leading the implementation ofan innovative management model in partnership with forestry producers, research institutions and local authorities Encouraging a responsible Supply Chain > Valuing certified forests >» Purchasing cork from controlled sources 64% industrial units with FSC
Slide 23: Climate Change
Climate Change Working continuously on reducing carbon footprint Performance of our operations > 79% energy from renewable sources » 68% energy from controlled renewable sources > 86,111 tCO3eq avoided emissions > 3.8% energy efficiency 83% of emissions 17% of emissions associated with generated by
Slide 24: Circular Economy
Circular Economy More than 50 years of circular economy principles Striving continuously to reach zero waste and to optimise the added value ofall raw materials >» Integrated production process that reuses all by-products associated with cork processing > Reducing the generation of non-cork waste an
Slide 25: We have recycling programs in Portugal...
We have recycling programs in Portugal... Recycling, in addition to increasing reuse of the raw material, extends the cork life cycle and its environmental benefits, in particular its CO, retention Recycling programs in Portugal, France, Italy, Spain, USA, Canada and South Africa Some programs, in p
Slide 26: ..and in France, Italy, Spain, USA, Canada and South Africa
..and in France, Italy, Spain, USA, Canada and South Africa North America Recork:the largest cork stopper recycling project in the United States of America and Canada, that was created in 2008 at the initiative of the shoe company, SOLE South Africa Amorim Cork Life: launched in 2013, among other in
Slide 27: Green Products
Green Products Cork isan excellent alternative to high impact non-renewable materials, leading to the transition to alow carbon economy > Amorim Cork: first choice for customers who want better quality soppers and contribute to the mitigation of climate change > Amorim Cork Flooring: 100% floors and
Slide 28: We work to reduce product environmental impact
We work to reduce product environmental impact and provide customers with quantifiable information AMORIM CORK -309g CO2eq -297g COz6q Natural Twin Top Evo -392gCOzeq -562g CO2eq Neutrocork Spark 148g.COz6q Neutrotop Stopper with Wooden Capsule AMORIM CORK FLOORING (_\ i COs ~193kg COzeq/m? ~101 kg
Slide 29: Social
AMORIM a Social Development Safety, Health and Well-Being Community / Society lamevation ao ays > col
Slide 30: Development
Development Structural principles: dignity, non-discrimination, equal rights, education, personal/professional development, freedom ofassociation Our goals: > ensure training to all employees > guarantee equal access to opportunities > end all forms of discrimination > protect labor rights 94% emplo
Slide 31: Safety, Health and Well-being
Safety, Health and Well-being Ensuring the safety of employees in the workplace and access to quality health conditions Our goals: > reduce the frequency of work accidents, targeting zero accidents by 2024 > improve working conditions and well-being of employees > improve the risk assessment and imp
Slide 32: Community/Society Innovation
Community/Society | Innovation Leverage economic growth, whilst supporting RDI, promoting sustainable solutions, and encouraging knowledge, educational, research and artistic projects » 90% of generated economic value distributed » 95% cork/cork products purchased in Iberia > 2,000 targeted average
Slide 33: Environmental, Social and Economic Impact
Environmental, Social and Economic Impact The quantified indirect and induced impacts show that impact goes way beyond the financial statements total net value of the company’s 217x production multiplier in the 1175M€ contributions to society when Portuguese economy peryear considering ecosystem ser
Slide 34: Governance
AMORIM Governance
Slide 35: Balanced and Agile Governance Model
Balanced and Agile Governance Model Anglo-Saxon Model General Meeting | I | | Audit Committee Board of Directors - 4 Statutory Auditor of independent members | L Composed entirely - Company's Secretary a a i | Executive Committee Risk Committee (ppl emma, Pvatatons) ESG Committee Chaired by independ
Slide 36: Integrated Management Model
Integrated Management Model A strategic-operational holding concept that promotes sound corporate frameworks and policies across all BU Executive Management of each BU composed of highly qualified and independent professional executives BU's separate Board of Directors, composed of executive and non
Slide 37: AMORIM
AMORIM CorticeiraAmorim, SGPS, S.A. Rua Comendador Américo Ferreira Amorim, 380 POBOX 20 4536-902Mozelos, Portugal www.amorim.com T +351 22 747 54 00 F +35122 7475407 amorim@amorim.com Disclaimer: This documenthas been prepared by CorticeiraAmorim, SGPS, SA and solely for use at the presentation to
Slide 38: Sustainable by nature
Sustainable by nature
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