THE IMPLEMENTATION OF NON FINANCIAL REPORTING DIRECTIVE

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1 THE IMPLEMENTATION OF NON FINANCIAL REPORTING DIRECTIVE TOWARDS MORE RESPONSIBLE BUSINESS Maria Alexiou, TITAN Group CSR Senior Manager

2 ABOUT TITAN EMPLOYEES YEARS OF BUSINESS EXPERIENCE 10 COUNTRIES 4 CONTINENTS 25 MARKETS values Brazil 3 May

3 ABOUT TITAN GO DEEP Embed SUSTAINABILITY in the organization GO WIDE Drive SUSTAINABILITY across the value chain GO LONG Balance long-term and short-term interests GO LOCAL Adapt policies and practices to local market priorities and realities 3 May

4 ABOUT TITAN FOCUSED ON SUSTAINABLE GROWTH AND TRANSPARENCY st Social Report (by TITAN Cement S.A.) st Integrated Annual Report (by TITAN Group) st CSR & Sustainability Report (by TITAN Group) st BOD & IAR in compliance with the EU Directive on non-financial performance 3 May

5 ABOUT TITAN FIRST MATERIALITY ASSESSMENT OUTCOMES ( ) Source: Det Norske Veritas AS. All rights reserved, 13 January May

6 STATUS OF TITAN GROUP NON FINANCIAL REPORTING Reported at advanced level Externally verified annually 1. Support and respect the protection of internationally proclaimed human rights within your sphere of influence 2. Make sure that you are not complicit in human rights abuses 3. Uphold the freedom of association and the effective recognition of the right to collective bargaining 4. Uphold the elimination of all forms of forced and compulsory labour 5. Uphold the effective abolition of child labour 6. Eliminate discrimination in respect of employment and occupation 7. Support a precautionary approach to environmental challenges 8. Undertake initiatives to promote greater environmental responsibility 9. Encourage the development and diffusion of environmentally friendly technologies 10. Work against all forms of corruption, including extortion and bribery People TITAN Group HUMAN RIGHTS POLICY TITAN Group ENVIRONMENT POLICY TITAN Group ANTI CORRUPTION POLICY 3 May

7 STATUS OF TITAN GROUP NON FINANCIAL REPORTING The Company Charter of the Cement Sustainability Initiative Externally verified annually Annually by TITAN Every 3 4 years by CSI CO 2 and climate protection Responsible use of fuels and raw materials Water Emissions reductions Local impacts on land and communities Employee health and safety 3 May

8 LOOKING AHEAD : ALIGNING MATERIAL ISSUES ( ) WITH SDGs 2030 ISSUE CORE SDGs COMPLEMENTARY SDGs Financial liquidity and access to funding Environmental management Climate change Circular economy Health and safety People management and development Sustainability of communities Governance, transparency and ethics Social and political risks and instability 3 May

9 LOOKING AHEAD : BUILDING PARTNERSHIPS FOR THE GOALS TITAN Group: An initiator of the P4Y TITAN Group: 15 years of collaborative action partnerships for quality internships and access to entry level jobs new opportunities for quality apprentices, train ships and internships 28 national action plan 3 May

10 LOOKING AHEAD : DRIVING SUSTAINABILITY ACROSS THE VALUE CHAIN Provide skills and competences (education & vocational training) Climate action Improve HSE standards Governance standards Increasing positive impact Raw materials Suppliers Inbound logistics Company operations Distribution Product use Product end life Rationalized consumption and production Minimizing negative impact Improve energy efficiency, waste recovery Waste management 3 May

11 KEY OBSERVATIONS o o o o NF Reporting Directive is a significant step forward Companies should be able to understand and build on the added value created through NF Reporting Clarification of what and how is necessary The level of maturity of stakeholders and particularly regulators in local markets does not guarantee compliance with the spirit of the Directive The numerous reporting standards and frameworks (more than 380 recorded in 2015) along with other reporting requirements (financial and governance issues) creates confusion, more bureaucracy, extra costs and new barriers in transparency and integrity 3 May

12 3 May

13 3 May