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Investor Presentaiton

Ferrero Group Sustainability Report 2022 Our sustainability priorities (continued) Introduction Our sustainability progress Our reporting F Protecting the environment Our ambition We work hard to manage and reduce our environmental impact, increasing environmental efficiency in our operations and supply chain, reducing emissions and water consumption, and increasing circularity in our manufacturing and packaging. Materiality assessment issues Climate action* Product design, packaging and circularity* Water management Industrial and food waste Collaboration and partnership for the goals *material issues Cluster 1 NO 1 POVERTY SDGs contribution 12 CONSUMPTION RESPONSIBLE AND PRODUCTION QO 7 AFFORDANE AND Cluster 2 2 ZERO HUNGER SSS Enabler 17 PARTNERSHIPS FOR THE GOALS CLEAN ENERGY 13 MATE ACTION LIFE LIFE 14 BELOW WATER 15 ON LAND Read more about our 'Protect the environment' pillar from page 17, including: Climate action • In December 2020, we set our science- based carbon targets for 2030: - To reduce absolute Scope 1 and 2 emissions by 50% from a 2018 baseline with roadmap agreed. To reduce Scope 1, 2 and 3 emissions intensity by 43% from the same baseline, working with suppliers to identify solutions. • Increased our energy efficiency and confirmed a central capital-expenditure programme dedicated to reducing our carbon footprint. • Continued increasing share of renewable electricity to more than 88% globally and 100% in Europe. Water management • Continued water audits and plans for most significant production sites. • Water intensity decreased by around 3.8% (compared to previous FY). Industrial and food waste ⚫ Enhancement of waste data collection and reporting to drive further improvements. • Waste recovery rate continuous to improve through better separation and work with suppliers. Currently 11 of our production plants reached a waste recovery-rate higher than 99%. Packaging design and the circular economy • Continued working on our target of designing 100% of our packaging to be reusable, recyclable or compostable, in our four main areas of action: R&D and open innovation, existing packaging development and design, working with recyclers and national waste-management systems, and educating consumers. • We continued working to reduce the use of virgin plastic by using 100% recycled content in PET bottles. 12 <
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