Environmental protection and ecological management

As a manufacturing company, NORMA Group is well aware of its environmental, economic and social responsibility. Environmentally compatible and sustainable economic activity is therefore a main element of the Group strategy. For this reason, the Company considers it important to systematically include environmental aspects in its business decisions. For this reason, NORMA Group has implemented a Group-wide environmental management system and certifies its production sites in accordance with ISO 14001.

The Company’s goal is to increase the efficiency of its production processes and continuously lower its energy consumption. In order to achieve this goal, NORMA Group manages the energy consumption of all production sites and is integrating the energy reduction targets into its environmental management system. At NORMA Group, management at the individua plant is responsible for the concrete measures taken to reduce energy consumption and subsequently CO2 emissions. The measures include, for example, the use of alternative energy generation sources. In this context, further solar panels were installed at the Wuxi site in China in the 2023 fiscal year and put into operation in August 2023. NORMA Group also invested in photovoltaic systems in the UK and Poland during the fiscal year.

Group-wide ESG software is also being used for the general control of energy consumption, in which each location reports and checks its energy data on a monthly basis. This serves to monitor local and regional energy consumption on a monthly basis. In addition, waste is to be reduced wherever possible. Furthermore, water sub-meters were installed to monitor the water consumption and water leakage as well as water recycling. Projects aimed at reusing and saving water have already been implemented. The resulting long-term cost savings associated with this contribute to the economic efficiency of the Group.

NORMA Group quantifies its targets for the reduction of greenhouse gases, water consumption and waste generation at its production sites and publishes them in its CR Roadmap. Moreover, NORMA Group includes the environmental impact resulting from the supply chain as well as from the use of its products in its environmental strategy. Progress towards climate, water and waste targets is reviewed at the local level through regular management assessments and at the global level through the reporting of aggregated data to the Management Board.

The key non-financial performance indicator relevant to management and therefore also part of the Company's forecast is CO₂-emissions (Scope 1 and 2; method: "market-based"). In fiscal year 2023, these amounted to a total of 5,064 metric tons of CO₂ equivalents (market-based and only NORMA Group's production sites), exceeding the previous year's figure by 3.8% (2022: 4,879 tons, market-based)¹². NORMA Group's target of reducing CO₂ emissions from its production processes by 19.5%, by 2024, compared to the reference year 2017, was already overachieved considerably in 2022. CLIMATE PROTECTION

Detailed information on the environmental strategy and other topics can be found in the CR REPORT.

¹² Since January 2022, NORMA Group has purchased electricity from renewable energies at all production sites. NORMA Group purchases “Energy Attribute Certificates” for this purpose. The CO2emissions are reported in accordance with the GHG Protocol (market-based, Scope 1 and Scope 2). Scope 1 includes only emissions from natural gas and LPG and Scope 2 emissions from purchased electricity and district heating. When recording emissions, only emissions relating to the production sites are taken into account. Further information can be found in the: CR REPORT 2023