OUR ESG STRATEGY

And Sustainable Development Goals

MAXIMISE OUR POSITIVE IMPACT

Our company designs and markets products that guarantee the safety of our customers in their professional and leisure activities.

MINIMISE OUR NEGATIVE IMPACT

Reduce our CO2e emissions

Minimise the environmental impact of our products and packaging

This year we have been actively training to understand and share our ESG challenges internally. We have developed a common vision for the future of our company and built on sustainable and responsible innovation. Our goal for the coming year is to humbly but actively roll-out our ESG vision in all our businesses. This involves, on the one hand, the operational implementation of our objectives, and on the other hand, an ever greater effort to train our employees on ESG issues.

AN INTEGRATED APPROACH TO SUSTAINABLE DEVELOPMENT GOALS (SDGS)

Our approach, aligned with Sustainable Development Goals, aims to maximise our positive impact and minimise our negative impact.

Link With The Un Global Compact

Ensure ethical labour practices in our supply chain

Develop the diversity, inclusion and engagement of our employees

Our strategy has been developed in consultation with our stakeholders, using the methodology of the United Nations Global Compact. This organisation proposes that companies follow a set of 10 principles to contribute to the 17 Sustainable Development Goals defined by the United Nations with the target date of 2030.

Link Between The Un Global Compact And The Sdgs

HUMAN

Rights

1• Businesses should support and respect the protection of internationally proclaimed human rights

We are aware that we are only at the beginning of our transformation towards a sustainable and responsible model. Faced with the colossal and urgent challenges that concern our planet and our life together, we are fully motivated to take action and to secure a brighter future.

2• Businesses should make sure they are not complicit in human rights abuses LABOUR

3• Businesses should uphold the freedom of association and the effective recognition of the right to collective the bargaining

4• Businesses should contribute to the elimination of all forms of forced or compulsory labour

5• Businesses should contribute to the effective abolition of child labour

6• Businesses should contribute to the elimination of discrimination in respect of employment and occupation

Environment

7• Businesses should support a precautionary approach to environmental challenges

8• Businesses should undertake initiatives to promote greater environmental responsibility

9• Businesses should encourage the development and diffusion of environmentally friendly technologies

ANTI-CORRUPTION

10• Businesses should work against corruption in all its forms, including extortion and bribery

Appendix

Specific Methodologies

Methodology for calculating the carbon footprint Bollé Brands has been calculating its carbon footprint since 2021. Sustainable development consultancy UTOPIES drew up the methodology and carried out the first carbon footprint assessment. The methodology is based on the GHG Protocol and the CO2e emissions are calculated for Scopes 1, 2 and 3. More than 99% of our emissions fall under Scope 3 and the majority of these emissions are related to the life cycle of our products.

Product life cycle emissions

These emissions are calculated by brand (Serengeti, Bollé, Bollé Safety etc.), product category (helmets, goggles, masks, etc.) and certain sub-categories (eco-friendly products, frame materials, etc.). For each

Definitions

Paris Agreement: signed by 193 members of the United Nations Framework Convention on Climate Change, this agreement aims to keep the increase in global average temperature well below 2°C above pre-industrial levels and preferably below 1.5°C.

Code of conduct: a set of business practices and standards that a company establishes and asks its stakeholders (employees, suppliers and other partners) to respect when entering into business relationships.

CO2e (CO2 equivalent): a unit of measurement to standardise the climate effect of different greenhouse gases. CO2 equivalent is the amount of carbon dioxide (CO2) that would cause the same contribution to climate change over a defined period of time (typically 100 years).

FY (Fiscal Year): our company's reporting period. It covers the period from April 1 to March 31 of the following year. For example, FY23 covers the period from 1 April 2022 to 30 March 2023.

Greenhouse gases (GHG): gases of natural or anthropogenic origin that absorb and re-emit part of the sun's rays, phenomena that cause the greenhouse effect.

Bio-sourced material: material derived from renewable organic matter (biomass), of plant or animal origin. Some of these materials can be used as alternatives to petrochemical-based plastics.

item in a brand/category/subcategory, we considered a representative product for which we calculated the CO2e emissions with a cradle-tograve approach. This methodology enabled us to build a carbon footprint highlighting our emission reduction levers.

Other programmes

• Scope 2: emissions related to energy consumption in our offices, locationbased methodology

• Other Scope 3 emissions: related to all expenditure not directly associated with the product life cycle. Spend-based method.

We improve the granularity of our carbon footprint every year and update older carbon footprints with the latest versions of our methodology.

ESG is a topic that is changing our business every day. This transformation would not be possible without the involvement of our employees, suppliers and customers.

We would particularly like to thank UTOPIES, a key partner, who supports us on a daily basis in the deployment of our ESG roadmap and on our objective to achieve B Corp certification by 2024.

Recycled material: this material can be derived from pre-industrial recycling (e.g. production off-cuts) or post-industrial recycling (e.g. end-of-life product recycling). It generally has a lower environmental impact than virgin materials.

Science-Based Target Initiative: an independent organisation that certifies companies’ CO2e emission reduction targets. It verifies that the short-term (5 to 15 years) and long-term (contribution to carbon neutrality) objectives are well aligned with the Paris agreements.

SDGs (Sustainable Development Goals): these goals are the 17 priorities for 2030, for economic and social development that respect people and the planet. They were adopted in 2015 by the UN.

Location-based method: a method of calculating Scope 2 greenhouse gas emissions based on the emission intensity of electricity from electricity grids. It differs from the market-based method, which calculates emissions from the intensity indicated on electricity supply contracts.

United Nations Global Compact: this initiative calls on companies to align their strategy and operations with the ten universal principles related to human rights, labour, environment and anti-corruption, and to take action to advance social goals and the implementation of the SDGs.

We would also like to thank our other partners who support us in ESG projects that are crucial to our business, including Outdoor Sports Valley, Gingko21, Tweener and Reputation Inc.

The environmental and social challenges we face call for a collective response. Thanks to the collaborative work of all our stakeholders, we are energised and motivated to help profoundly change our industry.