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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 Educating consumers for a successful transition to a circular economy Consumers play a key role in improving circularity of packaging, so we: 1. strive to inform them about packaging materials and how to sort them correctly 2. aim to play a relevant and educational role in sharing knowledge and tools, so everyone can contribute to the transition towards a circular economy. In this context, our end-use labels clearly inform consumers about which material the packaging is made of, so it can be easily collected after use. Digitalisation Ferrero consumers can find sorting information directly on our packaging or on our website. We are carrying out Kinder QR code pilots in Italy, France and Germany. Other Kinder products will soon use QR codes for customers to access specific sorting instructions according to the local waste-management system. We are always evaluating whether to join similar existing projects in other regions. Kinder QR code for recycle info Kinder Chocolate Engaging our employees Ferrero employees are part of our environmental commitment. Ferrero Germany has developed a digital tool to communicate information about its packaging and other environmental commitments within the company. The content, easily available on a phone app, reflects three key building blocks of Ferrero's environmental commitment: packaging; CO2 and climate; and waste and water management. The tool provides our German colleagues with compact, easy-to-understand answers to ten central questions in each case. It has been available to all Ferrero employees in Germany since November 2022. FERRERO Verpackungen CO₂ und Klima Wasser- und Abfallmanagement Packaging materials we use Our packaging portfolio contains many different materials, as each material and each packaging element has specific performance and functions to fulfil. Flexible plastic Flexible films are among the best-performing packaging materials for light weight and food protection. We are proceeding with our plans to design them to be recyclable according to design-for-recycling guidelines, eliminating non-recyclable material combinations and problematic components, or considering the use of paper-based materials, where these offer better performance (less plastic use or acceptance in the paper recycling stream). Rigid plastic We are working on specific opportunities identified for each resin group: increasing the recycled content in PET bottles, improving recyclability as we move away from hard-to- recycle resins to more recyclable alternatives, replacing mixed plastics, and running sorting tests to assess sorting of opaque and small packaging, as well as the impacts of sleeves, labels or adhesives. Also in this case, aligning with design-for-recycling guidelines is always a key enabler for the circularity of plastic packaging. Paper and board We aim to maximise the use of recycled paper wherever possible. For safety and quality reasons, we adopt virgin-fibre materials for primary packaging. Our sourcing strategy ensures our virgin paper and cardboard comes only from well-managed sources. Paper-based packaging is increasingly used as an alternative to existing packaging (such as flexibles): we are considering the use of paper-based packaging in place of plastic or aluminium, where the paper-based options offer reliable performance. Alignment with design-for-recycling guidelines²¹ is always a key enabler for the circularity of paper-based packaging. Glass Glass jars and bottles are designed to be circular. We work with suppliers to track the amount of recycled glass yearly used in our jars and bottles. On the basis of this data, we can begin estimating the recycled content used in our glass packaging, reaching 35%²² for glass jars. Metals Metal packaging is typically the first material fraction to be sorted for recycling, in the so-called light fraction 23. For Estathe cans we use aluminium that has very high recycling rates and at the same time allows to use high recycled content, supporting an overall reduction of environmental impacts throughout the value chain. Others This category includes various elements such as wooden pallets, labels, composite material packaging, and other items. For these elements, we have specific projects to achieve recyclability, reusability and compostability, where relevant. 21. E.g. Golden Design Rules (from Consumer Goods Forum) and guidelines developed by RecyClass, APR, CEFLEX, 4evergreen, where we are active contributors in technical committees. 22. By weight. 23. Plastics, metals and drinking cartons. 34 <
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