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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 Ferrero believes it is possible to achieve significant results by 2025 and shape our collective ambitions for the full transition to a circular economy. In the past years, we have consistently invested in new packaging lines, several new pack trials across our plants, and collaborations with suppliers to fine-tune design or equipment to allow industrialisation. Since 2019, for our most important projects, we have: • performed around 250 tests in our plants to assess the functionality of new pack designs and identify the final solutions to industrialised. . engaged and collaborated with more than 20 raw-material suppliers or packaging producers on new R&D streams, strengthening supplier relations. tested more than 15,000 km of flexible packaging to fit designed-for-recycling structures in existing packaging production lines. developed and tested more than 100 new pack design options to find the ones that best meet requirements for transparency, quality and mechanical performance for new Rocher boxes. • reduced 3,800 tonnes of plastic with our new pack designs. We have also consistently applied the design- for-recycling principles to our packaging. As an outstanding example, the new Ferrero Rocher 24-piece gift boxes will be made of rigid polypropylene (PP) (easier to recycle compared to previous material) using 40% less plastic than the previous box, with a design aligned to the main design guidelines. We are directly involved in supporting the change we want, taking action both within (e.g. designing or redesigning our packs), and outside of packaging design, working with value-chain partners to improve recycling, and advocating with policy makers to create the enabling conditions for the right EPR schemes to fund collection, sorting and recycling of packaging. We are currently developing projects that will allow us to explore opportunities beyond recycling, such as looking at ways to reduce pressure on the system and reduce leakage in places where "in practice and at scale" may be a longer-term reality. LE NUOVE BOTTIGLIE DI ESTATHÉ SONO IN PLASTICA 100% RICICLATA ESTATHE "esclusa la gamma Infusion Mix * Our roadmap to 2025 & beyond ΟΙ R&D and open innovation: Innovation has an important role to play along the entire value chain: from the materials we choose, to the end of life for packaging. Our R&D teams and leading- edge suppliers are developing the ideas and technology to help us address the issues, and we will continue to invest in opportunities to improve our packaging circularity. We are looking to develop improved materials, to use recycled content in plastic packaging, to explore and test new compostable materials as well as paper-based packaging with barrier properties. Read the case study on page 31 02 Existing packaging development and redesign: Evolving our packaging to be designed for recyclability, compostability and reusability through alternative materials and packaging redesign. Read the case study on page 33 श्रे 04 Educating consumers for a successful transition to a circular economy and to eliminate waste: Using the power of our brands to share knowledge and tools, offering recycling tips, upcycling opportunities and clear end-of- life information on recyclability or compostability or reusability of our packaging. Read the case study on page 34 ⚫03 Working with recyclers and national waste management systems: Developing solutions for hard-to-recycle materials and looking into opportunities to use packaging waste as a resource. Read the case study on page 33 30 <
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