Business conduct

[SBM-3-48a][SBM-3-48b][SBM-3-48h] Business conduct is a material sustainability-related topic for NORMA Group’s own business activities. The identified impacts have an influence on NORMA Group’s business model, corporate strategy and decision-making. [SBM-3-48b] NORMA Group has developed measures to respond to these impacts. These are described in the chapter G1 GOVERNANCE. [SBM-3-48ci] NORMA Group has a positive impact on corporate culture by promoting employee satisfaction and motivation and by providing a legal and compliance framework. [SBM-3-48civ] NORMA Group contributes to the impact through its own activities and business relationships (e.g. through suppliers) in the area of corporate governance. [SBM-3-48cii] This is linked to NORMA Group’s corporate strategy and business model, as the company states in our vision “We join forces to provide superior solutions for a sustainable future.” [SBM-3-48d] By establishing the vision  NORMA Group’s management strengthens the strategic focus on a sustainable and resilient business model, combining long-term economic success with environmental and social responsibility. This is also demonstrated by the commitment to the sustainability goals. In the fiscal year, the material opportunities, such as strengthening business relationships and reducing employee turnover costs, in the area of corporate governance may affect NORMA Group’s financial position, earnings position and cash flows. [SBM-3-48e]