Frasle Mobility's New Positioning and Randoncorp Investments slide image

Frasle Mobility's New Positioning and Randoncorp Investments

Health & Safety risk management GRI 403-2 Aimed at minimizing health and safety risks in our operations, the Health, Safety and Environment (HSE) department, in conjunction with leaders and other employees, carries out work focused on surveying the main hazards in our work environment. The result is shared with the rest of the team so that everyone may work on safer alternatives for the operation, as well as follow preventive and control measures. Since 2020, as part of our strategy to zero serious accidents, we have identified and classified the so-called critical risks in each of our units. In addition, we monitor and manage critical risks through indicators that consider all accidents and incidents in this category: the Frequency Rate of SIFS (Serious Injuries and Fatalities) and PSIFS (Potential Serious Injuries and Fatalities). Both are reported regularly and followed up by the CEO and Managing Directors at the HSE meeting. A multidisciplinary team investigates these occurrences, with the goal of identifying their causes, eliminating risks and sending alerts with information about the occurrence to everyone in the unit. In the case of critical occurrences, we rely on the lesson learned, a document prepared by a unit representative detailing the occurrence, root cause, and correction actions, shared with all units with the purpose of providing coverage so that everyone can take action to prevent similar situations from happening. In case of new acquisitions, we conduct a risk assessment during the due diligence process and establish an action plan, which may extend for up to two years, aimed at minimizing risks considered critical. In 2022, as part of the strategy to minimize critical risks, we identified the opportunity to increase the synergy among units that present similar risks, expediting the search for and implementation of solutions. Therefore, we created seven Thematic Groups, each group focusing on a critical risk, composed and led by industrial managers, supported by the occupational safety technical team. The thematic groups meet monthly and work based on the results of the monthly indicators and on the lessons learned. Their work progress is reported to the Executive Committee on a regular basis. Reporting Risk Situations Following the ATTITUDE - Report any non-compli- ant situation, we encourage employees and service providers to report occurrences, risk situations and suggestions for improvements in our reporting chan- nels, such as the Randon App, and the Ethics Channel, with guaranteed confidentiality and anonymity. These occurrences are addressed to the responsible areas for evaluation, analyzed, when relevant, in the units' performance meetings and implemented if necessary. In addition, all workers and contractors are instructed to follow the ATTITUDE - Stop the activity in case of risk, reporting the identified situation to the immedi- ate manager. NDON EXCELLENCE AND SAFETY AS A VALUE 78
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