Workers in the value chain

[SBM-3-48a][SBM-3-48h][S2-SBM-3-10a][S2-SBM-3-10b][SBM-3-48b] The workers in NORMA Group’s upstream value chain are materially influenced by its activities and are therefore considered a key stakeholder group. Their interests, views and rights have a significant influence on NORMA Group’s business model, which is reflected in the implementation of Group-wide guidelines such as the Supplier Code of Conduct and the Code of Conduct. [SBM-3-48b] Further details on how NORMA Group deals with these influences can be found in the chapter S2 WORKERS IN THE UPSTREAM VALUE CHAIN. [SBM-3-48cii] The identified actual and potential negative impacts on these workers are related to NORMA Group’s corporate strategy and business model, as NORMA Group as a manufacturing company is dependent on upstream value creation to realize its own value creation. [SBM-3-48d][SBM-3-48e]

[S2-SBM-3-11a] The identified material and potential negative impacts of NORMA Group on workers in the value chain primarily relate to the upstream value chain. NORMA Group strives to reduce potentially negative impacts on workers in the upstream value chain through purchasing regulations. This includes, for example, refraining from sourcing resources from conflict regions. Compliance with the necessary sourcing standards is also taken into account for suppliers. This includes all persons who are active in this value chain, regardless of a direct contractual relationship with the company. This includes all employees who are or could be significantly affected by NORMA Group’s activities. This includes both the impacts that the company causes or contributes to directly and those that result from its business relationships in connection with its own activities, products or services. All workers who are not part of the “own workforce” are included. [S2-SBM-3-11b] NORMA Group has not identified a significant risk of child labor or forced labor among workers in the upstream value chain.

[SBM-3-48ci][SBM-3-48civ][S2-SBM-3-11c] The impacts identified as material in the materiality analysis are widespread/systemic. These impacts are not limited to individual incidents or specific business relationships. [S2-SBM-3-11d][S2-SBM-3-11e]

[S2-SBM-3-12] As part of the materiality analysis, NORMA Group has identified workers in the upstream supply chain who could potentially or actually be negatively affected. An understanding of why certain workers may be at greater risk was developed. Supplier risks are monitored by NORMA Group’s purchasing department. The process supports the purchasing organization in continuously keeping an eye on resilience in the supply chain and initiating the necessary measures in good time. [S2-SBM-3-13]