ECONOMIC VALUE GENERATED AND DISTRIBUTED

Through the reclassification of the consolidated income statement, data on the creation and distribution of economic value provide a basic indication of how the Company creates wealth for stakeholders by highlighting the economic effects produced by business operations on major categories.

In 2022 the economic value generated by Comer Industries amounts to 1,250.4 million euros (603.4 million euros in 2021) distributed for 91% to stakeholders. In detail, 157.1 million euros were distributed to employees, 916.4 million euros to suppliers for operating costs. Shareholders were distributed 21,5 million euros in the form of dividends. The retained economic value represents the difference between the economic value generated and distributed, includes the impact of the application of IFRS 2 and IFRS 16 and does not include the depreciation of tangible and intangible assets, provisions and deferred taxes.

A - This item includes the impact of the application of IFRS 2 and IFRS 16.

B - This item includes the proposal for distribution to shareholders of profits for the year that the Board of Directors resolved to propose to the Shareholders' Meeting of Comer Industries S.p.A.