LETTER FROM THE CEO

Dear Stakeholders,

This year more than ever, introducing our It is not just a question of mindset, it is Sustainability Report means delving deep also a tangible question of how to maninto our corporate fabric and tell- age the potential of resources. Indeed, “OUR BELIEF ing a story of resilience, people, the potential of natural resources is fiIS THAT OUR WORK contexts and above all, the future. nite and increasingly under threat, but AS ENABLERS OF INNOVATIVE INDUSTRIAL CHOICES IS THE MOST Sustainability is not about “what” but about “how”. How we create value by doing business, how we human potential is unlimited and able to make the best use of different resources. This is why unlocking people’s potential and allowing diversity to conCONCRETE WAY TO TALK manage economic, natural and tribute in the creation of sustainable ABOUT SUSTAINABILITY” social resources, how we see the value without discrimination is not future and face disruption by only right, but also a fundamental ecobraving the unpredictability of the inter- nomic choice that allows for an effinational situation. The pandemic has cient use of resources. presented us with one of the most complex challenges of recent years. People, and their skills, are the central A large international player like Maire factor that will see our business through Tecnimont must know how to manage this new complex decade. It will be full critical issues in the short term, while at of challenges but extremely stimulating the same time develop a new vision for for those who, like us, had already startthe future. What we have taken away ed on the path towards the energy tranfrom the year of the pandemic is how sition some time ago. Our belief is that we reacted and dealt with sudden and our work as enablers of innovative insystemic changes, not only keeping the dustrial choices is the most concrete business stable but also holding on to way to talk about sustainability. the spirit needed to face shocks and unexpected consequences. It was, indeed, This is why our Sustainability strategy, a huge shock for everyone, but also a which we present in this document, is good training ground for those of us based on an extensive investigation into who see resilience as a mantra. our role as an industrial player. It will act as our compass on the road to 2030, This past year has clearly and dramati- project after project, and will contribute cally demonstrated to us all how strong- to the definition of a new long-term ly connected non-economic phenome- model of value creation that will meet na are with the economy. Now, we must the challenges of the coming decades. face the new decade with that same clearheaded attitude, working towards achieving the critical sustainability goals defined by the 2030 Agenda. The extent of global climatic phenomena and profound social change at various levels will inevitably have an impact on how the business sees the long term and plans for the future, taking into account the increasing importance of ESG factors.

Pierroberto Folgiero

Maire Tecnimont Group CEO and Managing Director