Environmental Product Declaration. In Accordance with ISO14025 and EN15804 for Elegans Extra Semi-Matt Interior Paints

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Environmental Product Declaration In Accordance with ISO14025 and EN15804 for Elegans Extra Semi-Matt Interior Paints The environmental impacts of this product have been assessed over its whole life cycle. Environmental Product Declaration has been verified by an independent third party. CPC Code ECO EPD Reg. No Declaration Number EPD Valid from EPD Expire on Market Coverage 3511 Paints and Varnishes and Related Products 00000205 S-P-00738 21.09.2015 20.09.2020 Worldwide

Programme Related Information EPD Programme Holder Product Category Rules (PCR) Generic PCR Review Conducted by The International EPD System www.environdec.com Valhallavägen 81, 114 27 Stockholm, Sweden 2012:01 Version 2.0, 2015-03-03, Construction Products and CPC 54 Construction Services EN 15804:2012 + A1:2013 Sustainability of Construction Works Technical Committee of the International EPD System Independent Verification Internal þ External EPD Process Certification Approved and Verified by Mr Vladimir Koci EPD Prepared by Metsims Sustainability Consulting www.metsims.com Calculation Procedure SimaPro 8.0.5 Software (Metsims Sustainability Consulting) System Boundaries Cradle to Gate Cradle to Gate þ with option Cradle to Grave Disclaimer All values provided in this Environmental Product Declaration are a direct result from the use of characterisation factors and calculation rules as defined in the SimaPro software. The environmental indicators used for these calculations are based on CML Baseline V4.2 April 2013. For more information about this Environmental Product Declaration or its contents, contact process owner, Ms Dilek Sarıaslan d.sariaslan@polisan.com.tr. PCR Review was conducted by: Technical Commitee of EPD International AB. Valhallavägen 81, 114 27 Stockholm, Sweden www.environdec.com info@environdec.com Demonstration of Verification Independent Verification and data, according to ISO 14025;2006 Internal External þ Third Party Verifier: Mr Vladimír Kočí, PhD, Šárecká 5, 16000 Prague 6, Czech Republic CEN Standard EN 15804:2012 + A1:2013 Sustainability of Construction Works serves as core PCR and Construction Products and CPC 54 Construction Services (2012:01 Version 1.2, 2013-03-15) serves as specific PCR. Independent Verification and data, according to EN ISO 14025;2010 Internal External þ Third Party Verifier: Mr Vladimír Kočí, PhD, Šárecká 5, 16000 Prague 6, Czech Republic 2

The Company The Polisan brand is widely known in glue and paint sectors. The name is derived from polyvinyl acetate (PVA) glue and the word sanayi (Turkish for industry). The founders of the company, the Bitlis family, started commercial operations in the 1920s as a merchandising firm until the establishment of a fabric painting and knitting business called Şark Mensucat. In 1964, they entered the chemicals industry with the foundation of Polisan Chemical, which produced emulsifier resins. In 1985, paint production had begun under the Polisan brand. With annual production capacity of 10 000 tonnes when first established, Polisan now boast 180 000 tonnes on a total production area of 23 000 m 2. Polisan offers the widest range of products appealing to all price segments in the decorative paint market with more than 250 ownbranded products in addition to package and colour options. Elegance premium interior paint is the market leader in its segment. With the Turkey s first equivalent to oil-based paint, its waterbased gloss-finishing coat sealed Polisan s environmental and innovative credentials. Polisan has ISO 9001, ISO 10002, ISO 14001, ISO 18001 and ISO 50001 standards certifications. Polisan developed the sector s first water-based mixing machine offering retail customers the same quality as factory production and developed the sector s first interior paint with 7 superior properties and exterior paint with 9 superior properties. Polisan s unique Home Cosmetics concept was registered in 2008. 3

Statement This study is conducted according to the guidelines of ISO 14040/44 and the requirements given in the Product Category Rules (PCR) document for Construction Products and CPC 54 Construction Services (Version 2.0, 2015 03 03) with reference to EN 15804 and the general program guidelines by The International EPD System. The inventory for the LCA study is based on the 2012 production figures for Elegans Extra Semi- Matt internal paints from Polisan s main production plant in Kocaeli, Turkey. This LCA was modelled with SimaPro LCA package using the latest version of the Ecoinvent database and impact factors. 4

Product Specifications ELEGANS EXTRA SEMI MATT Paint is composed of pigments, solvents, resins, and various additives. The pigments give the paint colour; solvents make it easier to apply; resins help it dry; and additives serve as everything from fillers to incan protective agents. Hundreds of different pigments, both natural and synthetic, exist. Colour Consult Colour Catalogue Solid, % (weight) 54-56 Density (g/cm3, 25 C) 1.31-1.35 Viscosity (cps,23 C) 9000-11000 ph (25 C) 8.0-9.0 Coverage 10 m2 /L per single coat VOC 30 mg /L per single coat *VOC values are calculated theoretically Technical Specifications of Elegans Extra Semi-Matt Paint Products Composition % Additives 1 % - 10 % Pigments 1 % - 10 % Fillers 30 % - 40 % Solvents/Waters 10 % - 20 % Binders 40 % - 50 % Composition of the Elegans Extra Semi-Matt provided on above table. Cadmium Sulphide, used as pigments, is identified according to the procedure described in Article 59(1) of the REACH Regulation which establishes the Candidate List for Substances of Very High Concern but its use is very small (less than 0.04%). The amount of Cadmium Sulphide is lower than danger level. 5

Production Process Manufacturing process of paint products can be seen below. Raw materials and water are fed into the high speed mixer and mixed by 5-10 minutes. During dispersion process, pigments and fillers are added into the mixer and mixed with 800-1500 rpm. After homogenous mix is prepared during the dispersion process binders, anti-foaming agents, antibacterial agents, antifreezing agents are added into the mixture and the production is completed after mixing 3-5 minutes. After the quality control is done, the products are transfered into the kettle for colouring or storage tank to be filled. The products that are transfered into the kettle are coloured with suitable colouring pigments. At the end of the colouring process the products are brought to the packaging process and transfered into the despatched. Interior paint products (Natura Ambians and Elegans SemiMatt) are produced under the standard of TS 5808 Paints and varnishes Water based coating materials and coating systems for use in interior walls and ceilings and exterior paint products (Exelans Macro and Natura A1 Silicone) are produced under the standard of TS 7847 Paints and plasters Coating materials and coating systems for exterior masonry and concrete. 6

System Boundary The system boundary covers the production of raw materials, all relevant transport down to factory gate and manufacturing by Polisan (cradle to gate) and disposal. The review framework comprises the following details: Raw materials acquisition and transport, Further processing of raw materials for paint products, Production operations includes dispersion, storage, tinting, filling the paints into the cans, Energy and water consumption, waste management; and Packaging of the product final for delivery; and Disposal The system boundary of the LCA study conducted on the interior and exterior paint products is shown in below by the dotted lines including packaging of the final product for delivery and landfilling as disposal. Due to same manufacturing process, the system boundary depicted below is relevant for each product group. Raw Metarials Supply Transport Manufacturing Use Phase End of Life Raw Metarials for Dispersion Raw Metarials for Dispersion Transport Transport Waste Waste Waste Dispersions Storange Tank Tinting Filling Waste Materials for Packaging Packaging C&D Waste Transport End User System boundary of the LCA study conducted on Interıor Paint Products 7

LCA Results Upstream Processes (A1: Raw Material Supply) In this report, for each product group production starts with raw materials, transported locally and from other parts of the world. (A1). Raw Materials Supply also includes manufacturing of plastic paint bucket. Core Processes (A2: Transportation and A3: Manufacturing) Transport is relevant for delivery of raw materials to the plant and internal transport. (A2). Production stages start with dispersion of raw materials followed by storage tank, tinting, filling into the cans and packaging for final delivery. There was not natural gas consumption. Only electric energy is consumed during the manufacturing of paint products (A3). Downstream Processes (C4: Disposal) All paint products end up at landfill as their final fate and modelled as such in this LCA. There is no open loop recycling in the manufacturing. Packaging waste is assumed to end up at packaging recycling streams due to national law, which requires manufacturers to have at least 44% of their packaging waste to be recovered (C4). Benefits and loads beyond the product system boundary in information (Module D) No possible benefits of recycling and re-use were taken into account in the LCA work here. Description of the system boundary (X = Included in LCA, MND = Module Not Declared) PRODUCT STAGE CONSTRUCTION PROCESS USE STAGE END OF LIFE STAGE BENEFITS AND LOADS BEYOND THE SYSTEM BOUNDARYS Raw material supply Transport Manufacturing Transport from the gate to the site Assembly Use Maintenance Repair Replacement 1) Refurbishment 1) Operational energy use Operational water use De-construction Transport Waste processing Disposal Reuse- Recyclıng - Recovery Potentıal A1 A2 A3 A4 A5 B1 B2 B3 B4 B5 B6 B7 C1 C2 C3 C4 D X X X MND MND MND MND MND MND MND MND MND MND MND MND X MND 8

LCA Calculation Rules Functional Unit/Declared Unit The declared unit is the production of 1 kg of Elegans Semi-Matt Interior Paint (1.54 kg/l, 4.5 m2/l for double coat). Goal and Scope This EPD evaluates the environmental impacts of 1 kg of interior paint products from cradle to gate with disposal. System Boundaries The system boundary covers A1 A3 product stages referred as Raw material supply, Transport and Manufacturing and C4 as Disposal. Estimates and Assumptions There are no additional product scenarios developed for this EPD. However, very small amount of packaging waste for paints are modelled based on the 44% collection rate enforced by law in Turkey at the time. Cut- Off Rules All raw materials that are constituent of the paint products are included in this study. Therefore, cut-off criteria were not applied. Background Data Ecoinvent database were used as generic background data source. Data Quality Raw materials, electricity, water use and waste data were collected from Polisan. Localized data developed by Metsims based on Ecoinvent database were used where relevant. Period Under Rewiew All primary data collected from Polisan s plant is for the period year of 2012. Primary datasets were produced in SimaPro using these data. Necessary background data (secondary data) relevant to life cycle stages were taken from the Ecoinvent database. Allocations There are no co-products in the production of Interior paint products. Hence, there is no need for co-product allocation. Polisan sources raw materials from different locations across the world and by different means of transport (truck and ship). For this reason, transport is allocated according to tonnages for almost all raw materials bought by Polisan. No allocation is done for energy and water consumption during the production of Elegans Extra Semi-Matt Exterior Paint Products. Comparability A comparison or an evaluation of EPD data is only possible where EN 15804 has been followed, and the same building context and product-specific characteristics of performance are taken into account and the same stages have been included in the system boundary. According to EN 15804, EPD of construction products may not be comparable if they do not comply with this standard. All the waste resulting from the main production and related processes of Polisan is managed in accordance with valid legal requirements. 9

Environmental Impacts Indicators for the Life Cycle Inventory Analysis as per EN 15804 The results of the LCA with the indicators as per EPD requirement are given in the following tables for product manufacture (A1, A2, A3) and disposal (C4). The system boundaries in tabular form for all modules are shown in the table above. All energy calculations were obtained using Cumulative Energy Demand methodology, while fresh water use is calculated with the Pfister et al 2009 (Water Scarcity) V1.01 within SimaPro. Manufacturing A1 - A3 End of Life C4 Parameter Unit Raw Materials Supply Transport Manufacturing Disposal Use of renewable primary energy excluding resources used as raw materials Use of renewable primary energy resources used as raw materials Total use of renewable primary energy resources Use of non- renewable primary energy excluding resources used as raw materials Use of non- renewable primary energy resources used as raw materials Total use of non- renewable primary energy resources [MJ] 0.032 0.006 [MJ] 0 0 [MJ] 0.032 0.006 [MJ] 59 0 [MJ] 0 0 [MJ] 59 0 0 0 Use of secondary material [kg] Use of renewable secondary fuels [MJ] 0 0 Use of non- renewable secondary fuels [MJ] 0 0 Use of net fresh water [m³] 0,09-0.001 Results of the LCA - Resource use for 1 kg of Interior Paint (Elegans Extra Semi-Matt) Manufacturing A1 - A3 End of Life C4 Parameter Unit A1 - A3 C4 Global Warming Potential [kg CO2 eq.] 3.2442 0.0303 Ozone Depletion Potential [kg CFC11 eq.] 1.61E- 07 7.81E- 09 Formation potential of tropospheric ozone photochemical oxidants [kg ethene eq.] 1.25E- 03 6.40E- 06 Acidification Potential [kg SO2 eq.] 2.28E- 02 1.75E- 04 Eutrophication Potential [kg PO43- eq.] 3.31E- 03 4.42E- 05 Abiotic depletion potential for non- fossil resources [kg Sb eq.] 1.06E- 05 4.86E- 12 Results of the LCA- Environmental impacts for 1 kg of Interior Paint (Elegans Extra Semi-Matt) 10

The table in previous page depicts the contributions in the production of 1 kg Interior (Elegans Extra Semi-Matt), respectively to the following impact categories, calculated using CML-IA baseline (v4.2) method: Global Warmin Potential (GWP), Ozone Depletion Potential (ODP), Formation Potential of Tropospheric Ozone Photochemical Oxidants, Acidification Potential, Eutrophication potential and Abiotic Depletion Potential for Fossil Resources. Manufacturing A1 - A3 End of Life C4 Parameter Unit Raw Materials Supply Transport Manufacturing Disposal HWD [kg] 6.95E- 03 0 NHWD [kg] 3.24E- 03 1 RWD [kg] 0 0 CRU [kg] 0 0 MFR [kg] 0 0 MER [kg] 0 0 EE [Typ] [MJ] 0 0 Output flows and waste categories for 1 kg of Interior Paint (Elegans Extra Semi-Matt) Above table shows the impacts according categories: Hazardous waste disposed (HWD), Nonhazardous waste disposed (NHWD), Radioactive waste disposed (RWD), Components for re-use (CRU), Materials for recycling (MFR), Materials for energy recovery (MER), Exported energy per energy carrier (EE). 11

Environmental Interpretations Below figure shows the impacts of life cycle stages for 1 kg Elegans Extra Semi-Matt Interior Paint. Analogous to the all other impact categories, raw materials supply (A1) represents the life cycle stage with the biggest impact. The GWP of raw materials supply is 97.5%, while end of life has about 0.9% of the total carbon emissions followed by transport with 0.8% of the impact. The carbon impact of 1 kg Elegans Extra Semi-Matt Interior Paint is 3.27 kg CO 2 eq. 100% 99% 98% 97% 0.92% 0.78% 0.81% 4.62% 0.51% 0.49% 0.77% 0.76% 0.67% 1.29% 1.32% 3.12% 0.02% 0.06% 0.64% 0.27% 96% 95% 94% 97.49% 0.17% 1.88% 98.24% 97.28% 1.25% 99.92% 99.09% 93% 92% 93.34% 94.32% 91% 90% Global Warming Potential Ozone Depletion Potential Formation potential of tropospheric ozone photochemical oxidants Acidification Potential Eutrophication Potential Abiotic depletion potential for non-fossil resources A1 A2 A3 C4 Abiotic depletion potential for fossil resources Relative impacts of LCA stages by each EPD indicator for legans Extra Semi-Matt Interior Paints Raw materials supply has about 93% of the ODP impacts, followed by end of life stage and transport, with about 4.6% and 1.8%, respectively. The ODP impact of of 1 kg Elegans Semi- Matt Interior Paint manufactured by Polisan 1.69E-07 kg CFC11 eq. Raw materials supply has about 98.2% of the photochemical oxidation impacts, followed by transportation and end of life, with about 0.77% and 0.51%, respectively. The photochemical oxidation impact of 1 kg Elegans Semi-Matt Interior Paint manufactured by Polisan is 1.26E-03 kg C2H4 eq. Acidification impact of raw material supply is about 97.3%, while that of transportation is around 1.29%, followed by 0.76% from end of life. The acidification impact of 1 kg Elegans Semi-Matt Interior Paint manufactured by Polisan is 2.30E-02 kg SO2 eq. by this cost. Eutrophication is dominated by the raw materials supply (94.3%) followed by manufacturing (3.12%) and end of life (1.3%). The eutrophication impact of 1 kg Elegans Semi-Matt Interior Paint manufactured by Polisan is 3.35E-03 kg PO4--- eq. 12

1% 1% 1% 97% A1:Raw Material Supply A2: Transport A3: Manufacturing C4: Disposal Global Warming Potential (IPCC GWP100a) kg CO2 eq. of Elegans Extra Semi-Matt Interior Paint Abiotic depletion has about 99.9% impact within the raw material supply stage and 0.1% of impacts originate from manufacturing. The abiotic depletion impact of 1 kg Elegans Semi-Matt Interior Paint manufactured by Polisan is 1.06E-05 kg Sb eq. The non-renewable fossil fuel has the highest impact from raw materials supply (99%) followed by manufacturing (0.7%). The non-renewable fossil impact of of 1 kg Elegans Semi-Matt Interior Paint manufactured by Polisan is 57.8 MJ eq. Below figure shows total energy consumption including fossil and non-fossil based energy sources. Raw material supply has the highest energy requirement with about 99.2% followed by 0.53% in manufacturing. Transport has about 0.28% energy demand. The energy impact of 1 kg Elegans Semi-Matt Interior Paint is 62.0 MJ. 0.01% A1:Raw Material Supply A2: Transport A3: Manufacturing C4: Disposal 0.53% 0.28% 99.2% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0% Total energy contributions to each life cycle stage for Elegans Extra Semi-Matt Interior Paint 13

References /ISO 9001/ DIN EN ISO 9001:2008, Quality Management System - Requirements /ISO 14001/ DIN EN ISO 14001: 2004, Environmental Management System - Requirements /OHSAS 18001/ DIN EN ISO 18001:2007, Safety Management System-Requirements /EN 15804/ EN 15804:2012+A1:2013, Sustainability of construction works - Environmental Product Declarations Core rules for the product category of construction products /TS 5808/ Standard of Paints and varnishes Water based coating materials and coating systems for use in interior walls and ceilings /TS 7847/ Standard of Paints and plasters Coating materials and coating systems for exterior masonry and concrete. /ISO 14025/ DIN EN ISO 14025:2009-11: Environmental labels and declarations - Type III environmental declarations Principles and procedures /ISO 14040-44/ DIN EN ISO 14040:2006-10, Environmental management - Life cycle assessment - Principles and framework (ISO 14040:2006) and Requirements and guidelines (ISO 14044:2006) /PCR for Construction Products and CPC 54 Construction Services/ Prepared by IVL Swedish Environmental Research Institute, Swedish Environmental Protection Agency, SP Trä, Swedish Wood Preservation Institute, Swedisol, SCDA, Svenskt Limträ AB, SSAB, The International EPD System, 2012:01 Version 2.0, DATE 2015-03-03 /The International EPD System/ The International EPD System is a programme for type III environmental declarations, maintaining a system to verify and register EPD s as well as keeping a library of EPD s and PCRs in accordance with ISO 14025.www.environdec.com /Ecoinvent / Ecoinvent Centre, www.eco-invent.org /SimaPro/ SimaPro LCA Package, Pré Consultants, the Netherlands, www.pre-sustainability.com 14

Verification and Registration Contacts Programme Holder The International EPD System EPD International AB, Box 210 60 SE- 100 31 Stochplm Sweden www.environdec.com Programme Holder TURKEY THE INTERNATIONAL EPD SYSTEM EPD Turkey Veko Giz Plaza, Meydan Sok. No 3 Kat 13 Maslak, İstanbul Turkey www.epdturkey.org Third Party Verifier LCAstudio Mr Vladimír Kočí PhD, Šárecká 5, 16000 Prague 6, Czech Republic www.lcastudio.cz Owner of the Declaration Polisan Home Cosmetics İçerenköy Mah. Değirmenyolu Cad. No: 21 Gür İş Merkezi K: 5 D: 10-11 Ataşehir - Istanbul www.polisan.com.tr LCA Author and EPD Graphic Design Metsims Sustainability Consulting Elmas Studio Levent Sanayi Mah. Sultan Selim Cad. Lalegul Sok. No:7 D:18 34415 4.Levent - Istanbul Turkey www.metsims.com 15