ENVIRONMENT, HEALTH AND SAFETY

Faced with a dynamic environment characterized by rapid changes in production configurations following the acquisition of Walterscheid, the Comer Industries Group has maintained high standards in protecting the health and safety of people in the workplace. In fact, in 2022 the value of the employee injury frequency indicator across the new consolidated scope stood at 2.2, the same as in 2021. Of note is the performance of the Bangalore plant, which recorded no injuries for the third consecutive year.

Despite the uncertain albeit improving health situation for much of the year, the Group continued to implement the company's Protocol for countering the spread of the Covid-19 virus, updating it based on the changing environment and government regulations, and always ensuring a safe environment for all workers. With regard to the commitment to the well-being of its people, the company's policy on teleworking was made official after the emergency, with important benefits in terms of work-life balance and commuting. In parallel, a human rights risk assessment was conducted, involving internal offices and the supply chain, laying the groundwork for the subsequent definition and dissemination of an Integrated Human Rights Policy, also published on the company website.

In continuity with the process started in previous years, the Group has initiated a road map on a two-year horizon for the integration of the Health and Safety Management System according to the ISO 45001:2018 standard in all locations in the new scope ensuring uniform management of all health and safety aspects.

The Company's commitment to environmental sustainability was developed throughout the year through various energy efficiency and environmental impact reduction projects Specifically, the machine inventory renewal program continued with the introduction of production units that are more efficient in their use of energy and lubricants. At the same time, to optimize energy consumption, the Group benefited from the digital monitoring systems installed in previous periods, enabling real-time analysis of trends and peaks and implementing timely corrective actions where necessary. These actions resulted in energy savings of more than 15% throughout Comer Industries. Moreover, in 2022 the Group significantly increased the share of electricity from renewable sources used to power its manufacturing processes by extending the supply of green energy to the Reggiolo and Pegognaga plants.

In 2022 the Group contributed to the development of sustainable mobility through the inclusion of hybrid and electric models in the company fleet and through the development of products for electric vehicles that are innovative in terms of weight reduction, lubrication, and noise. Furthermore, areas equipped with dual charging stations for electric cars were set up within the company's perimeter .

No critical issues have emerged during the year with relation to the environment.