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Investor Presentaiton

Ferrero Group Sustainability Report 2022 Packaging design and the circular economy (continued) Introduction Our sustainability progress Our reporting F 32 200 tic tac FRESH MINT OPEN HERE CHICK TH POSITIVE NEWS In 2022, the Ferrero Cork plant achieved ISCC PLUS certification 15 to pilot the mass-balance approach for recycled plastic from chemical recycling. The International Sustainability and Carbon Certification (ISCC) is the system Ferrero, as well as other companies, uses for certifying recycled materials obtained through the mass-balance approach. The ISCC chain-of- custody certification approach implies that every element along the supply chain is either ISCC certified or ISCC licensed. The scheme offers transparent traceability across the entire supply chain and allows us to trace the proportion of recycled raw materials to the final plastic component. This allows us to measure the proportion of recycled materials in support of our claims. Our first pilot in chemically recycled plastic from mass-balance adoption in plastic packaging is with the Tic Tac brand. Tic Tac is using 50% recycled plastic (based on mass balance) for the Tic Tac 200-pill box in our Cork plant. See more 15. ISCC Works Towards a Sustainable World. 16. Ellen MacArthur Foundation, Flexible packaging: The urgent actions needed to deliver circular economy solutions. 17. Our mono-material films are in line with the Ceflex design for circular economy guidelines (The Circular Economy for Flexible Packaging (CEFLEX) initiative https://guidelines.ceflex.eu/resources/). 18. Figures based on January-December 2021 volumes of K. Brioss, K. Colazione Più, K. Pan e Cioc e K. Délice. See more info here. Existing packaging development and redesign We continue to follow the evolution of sorting and recycling infrastructure and technology, to build in-depth knowledge and hands-on experience about how design can make an impact on our packaging circularity. Since 2019, we have reached some important targets on rigid plastics as well as in flexible packaging. In September 2021, Ferrero Rocher launched new eco-designed PP boxes. Once implemented across the entire Ferrero Rocher portfolio, the new box design will save an estimated 10,000 tonnes of plastic. Flexible packaging, on the other hand, is generally linked to low recycling and high leakage rates. These elements contribute to classifying flexible packaging as the most challenging market segment to address on the journey towards a circular economy for plastics 16. novità SONO DI CARTA RICICLAMI Kinder In this context, we contribute to the circularity of packaging through eco-design: flexible films were redesigned, moving from non-recyclable multi-material to mono-material structures, following to the most recognised design-for- recycling guidelines¹7. We have now designed more than 120,000 km of flexible films to be recyclable, following this approach. Examples are the flexible films used for Tronky, Kinder Cards and Kinder Happy Hippo. This enables the recycling process, where infrastructures for collection, sorting and recycling already exists. We are approaching paper-based flexible packaging, where this provides improvements in the collection and recycling rate, as well as a saving in virgin plastic. For instance, the Kinder bakery range, including Kinder Délice and Kinder Brioss in Italy, has moved to a paper- based external wrapper. The packaging is designed for recycling in standard paper recycling mills and allows a yearly plastic reduction of 300 tonnes 18 délice RECYCLE O 50% MPCC 10
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