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Investor Presentaiton

Ferrero Group Sustainability Report 2022 Materiality We believe that to succeed in a changing world, the company must identify, respond and adapt to the sustainability issues that matter most to our stakeholders and our business. In this year's report, we have provided insight into how Ferrero manages the material issues identified through the materiality assessment carried out in fiscal year 2020/21, which entailed the analysis of internal and external stakeholder perspectives on sustainability issues, and their potential impact on Ferrero's ability to create value. Moving forward During fiscal year 2022/23, Ferrero carried out a double materiality assessment with the help of a third-party consultancy, ahead of the upcoming EU Corporate Sustainability Reporting Disclosure regulation. This assessment entailed market data analysis, risk mapping, and the engagement of internal and external stakeholders to understand the potential impact of Ferrero's activities (impact materiality), as well as the financial materiality related to sustainability matters (financial materiality). We are excited to see the final results of the assessment and present these in the next year's report. Relevance for stakeholders Water management Responsible marketing Animal welfare Employment and Labour Relations Introduction Our sustainability progress Our reporting F Biodiversity, deforestation prevention and sustainable agriculture Nutrition, health and lifestyles Supplier engagement and transparency Products and ingredients' safety and quality Climate action Human rights in supply chain Product design, packaging and the circular economy Diversity and Inclusion Collaboration and partnerships for the goals Employee satisfaction and development Group security and data privacy Community livelihoods and development Employee occupational health and safety and wellbeing Relevance and potential impacts for Ferrero Industrial and food waste Governance and business ethics Innovation and digitalisation 85
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