1.8 ESG AGENDA: COMMITMENTS, RESULTS, OBJECTIVES

1.8 ESG AGENDA: COMMITMENTS,

RESULTS, OBJECTIVES

MATERIAL TOPIC SDGS COMMITMENTS 2020 RESULTS

CLIMATE, CIRCULAR ECONOMY, ENVIROMENTAL SUSTAINABILITY

CLIMATE CHANGE & GHG EMISSIONS

• Contributing to a low-carbon economy Expanding the portfolio of technologies from non-fossil, low-carbon and carbon-free sources, promoting the use of renewable non-food conflict raw materials and using waste as a resource to enable the energy transition • Developing the supply of energy transition technologies and stimulating demand • Reducing the carbon footprint of our direct and indirect activities • Reducing the emissions from our plants that run on traditional technologies • Launch of the Green Logistics Plan to reduce the carbon footprint along the supply chain • Implementation of Scope 3 emission calculation methodology • Implementation of numerous energy saving and greenhouse gas reduction projects at the Group’s main offices (e.g. LED lighting) • Collaboration/licensing agreements signed in relation to energy transition technologies • Partnership with Saola Energy and Granbio to develop renewable diesel and 2G Ethanol production technologies • Partnership with JFE and Lanzatech to develop technologies for low-carbon fuel from chemical conversion • Launch of the Observatory on Biolubricants • Objective of reducing CO2 by 20% (Scope 1 + Scope 2 + Scope 3) by 2023 • Carbon neutrality (Scope 1-2) by 2030 and Scope 3 by 2050 • Launch of CO2 task force and definition of climate strategy with Science Based Targets • Implementation of green technology portfolio • Implementation of projects and development of technologies related to clean hydrogen production (e.g. “Circular Hydrogen” and “Electric Blue Hydrogen” development) • Launch of a multi-year reforestation programme (“Maire Tecnimont Forest”) • Launch of LCA on all major projects and licensed technologies • Launch of the EEE - Energy Efficiency Engineering project • Development of solutions and plant engineering for the production of low carbon, bio and advanced fuels • Development of solutions for the electrification of traditional processes • Development of solutions for CO2 capture and recovery, recovery of waste from chemical processes and natural resource transformation • Development of solutions for the sustainable use of natural gas as a co-player in the energy transition • Launch of the EEE - Energy Efficiency Engineering project

CIRCULAR ECONOMY

• Develop a strategy on the sustainability of plastics throughout their life cycle, including a range of recycling solutions that can improve countries’ recycling rates and reduce incineration and landfill, also in collaboration with the supply chain, and leveraging education on proper consumption and waste management • Development of a circular district model • 10 feasibility studies underway for waste-tochemical plants • Registration of MyReplast trademark for upcycling technology and derived products • Agreement with Eni to implement waste-to-fuels technology projects • Creation of MyRechemical, NextChem’s waste-tochemical subsidiary • Agreement with Hera to set up an upcycling plant in Italy • 32,000 tonnes of recycled plastic, equal to over 40,000 tonnes of CO2 saved (Bedizzole plastic upcycling plant) • Development of Green Circular Districts • Development of new projects related to the Circular Economy, • Application of plastic waste upcycling technology for quality material recycling • Development of waste-to-chemicals and waste-to-fuels technology for the recovery of waste plastics and other non-recyclable wastes • Development of technologies for the production of second-generation biofuels from biomass waste • Implementing circularity of plastics throughout the life cycle • Development of closed loop projects • Continuous improvement of the MyReplastTM product range in order to offer the market solutions for replacing virgin plastics with high quality recycled polymers

OBJECTIVES

CLIMATE, CIRCULAR ECONOMY, ENVIRONMENTAL SUSTAINABILITY

WATER AND WASTE MANAGEMENT

• Reducing the environmental impact of production in terms of waste generation, by implementing circularity • Developing technological solutions for waste recycling • Mapping and monitoring of water and waste consumption at construction sites and offices • Reducing the amount of packaging used in transporting components to construction sites • Launch of the Sustainable Sites Project for the development of a low environmental impact pilot site • Optimization of packaging consumption for transport of components to construction sites and locations (volume reduction and increased recycling) • Development of a project for the recycling of face masks

OUR PEOPLE AND THE VALUE OF HEALTH & SAFETY AND DIVERSITY

HEALTH & SAFETY

• Protecting the health and safety of workers • LTIR=0; TRIR=0.07711 (per million hours worked) • Obtaining ISO 45001 • Group HSE Workshop (3rd edition) • Ongoing promotion and strengthening of H&S culture (“HSE humanizing program”) • For 2021 LTIR < 0.126 and TRIR < 0.63 (per million hours worked) • LTIR and TRIR: continue to perform better than the IOGP Construction Benchmark (2025)

HUMAN CAPITAL DEVELOPMENT

DIVERSITY & INCLUSION

• Promoting the professional development and talents of everyone • Developing and strengthening skills as a tool for equality and generating opportunities • Ensuring access to skills development projects as a tool for inclusion and equal opportunities • Strengthening communication behaviours and methods, in order to foster constant dialogue and effective team collaboration • Large-scale digital training programme on cybersecurity: 41,410 hours with 4,151 participants (about 70% of the total population) • 79% of employees received feedback on performance and possible career development • 116,358 training hours, excl. HSE (+76% vs 2019) • Ad hoc training course for 58 young people from various Italian companies of the Maire Tecnimont Group in order to share and discuss Digital Transformation, Green Acceleration and In-CountryValue • As part of the Digital Advantage training programme, a new training course was launched to become a Scrum Master - facilitator in agile methodology • “Share your talents” programme • Continued development of initiatives and training content to enrich the MET Academy offer: 8 webinars (on digital communication and working in virtual teams) and 3 new digital products • Development of the Maire Tecnimont Group’s Graduate Programme to support young graduates with structured job rotation and vocational training in an international, intergenerational, interprofessional and multidisciplinary context • Mentoring and Reverse Mentoring actions • Design and development of an Innovation Hub for knowledge sharing, which will leverage the principles of Open Innovation by generating opportunities for discussion and upskilling, with a view to continuous development between the Group and the supply chain • Activation of further upskilling and reskilling projects for emerging skillsets, particularly in the field of digital transformation, by implementing ad hoc training provision on the basis of a mapping of the Group’s internal skills

• Promoting equal opportunities for employees (gender, age, origin and skills) • One percentage point increase in female presence compared to 2019 (21% women/total workforce) • 93% average wage gap (main European Group companies) • Adoption of “Women’s Empowerment Principles” and “Value D” • Formation of the Equal Opportunities and Inclusion Committee • Launch of initiatives for the widespread dissemination of the culture of equal opportunities, the promotion of inclusion in all its forms, and the reduction of the gender gap (Value D, MET Agora)

HUMAN RIGHTS

• Promoting the protection of human and labour rights • Multi-site SA8000 certification • 23% of staff trained on SA8000 issues in 2020 • Release of Group Social Accountability Policy integrated with HSE System • Specific human rights training for staff, leveraging the multi-channel training platform MetAcademy

• Giving increased prominence to the principles and values underlying the Remuneration Policy and the related objectives, to ESG issues and to the sustainability strategy • Ensuring continuous improvement of the work-life balance and extending smart working • Extension of the Smart Working programme (BE ADAPTIVE!) to the Maire Tecnimont Group’s largest sister companies • Maintaining employment levels despite the critical issues caused by the Covid-19 emergency • Introduction of the NextChem 2020-2024 Investment Plan in support of the Maire Tecnimont Group’s Green Acceleration project • Activation of the 2020-2022 Employee Share Ownership Plan, which provides all employees with an inclusive engagement tool designed to continuously create sustainable long-term corporate value • Activation of the Second Cycle (2021) of the 2020-2022 Employee Share Ownership Plan • Continuation of initiatives to promote work-life balance (Family Care Programme) • New Health & Insurance Programme extended to all Maire Tecnimont Group locations/branch offices • Be Adaptive programme extended to all Maire Tecnimont Group locations

VALUE FOR COUNTRIES AND COMMUNITIES

RESPONSIBLE SUPPLY CHAIN

DEVELOPING LOCAL ECONOMIES AND COMMUNITIES

• Promoting a sustainable supply chain • Release of a Sustainable Supply Chain policy • 100% of new qualifications are based on ESG criteria • Launch of the “Maire Tecnimont Up” programme to develop local supply chains • Social Audit Programme on suppliers • Specific project to support Italian SMEs • Sustainable Supply Chain project implementation

• Contribute to the development and economic growth of the countries in which the Group operates • Support local communities • Strengthen stakeholder engagement • Promote cooperation agreements with universities • Launch of a multi-year strategic In-Country-Value (ICV) programme with new governance • The economic value directly generated by the Maire Tecnimont Group is €2.6 billion. • 52% of goods and services purchased locally out of total purchases by area/country • Implemented over 30 community initiatives in 4 countries • 15 cooperation agreements with universities • Growth Programme to support SMEs • Green Site project launch • Launch of the EEE - Energy Efficiency Engineering project • +20 cooperation agreements with universities • 70% increase in corporate giving initiatives in 5 countries • Activation of advocacy initiatives on social impact issues through local UN Global Compact networks (Netherlands and India) • Launch of Pro-Bono Programme: 2,000 h/year by 2025 • Launch of the Maire Tecnimont Foundation, to contribute to the development of sustainable human and technological evolution

CREATING INNOVATION THAT BRINGS PROSPERITY

R&D AND INNOVATION

• Research to promote technological development and innovation • Launch of a digital transformation programme involving the entire organization: Beyond Digital • +80 ongoing innovation projects • 1,725 patents in force (+233 vs 2019) • Launch of new “Open Innovation” division: in 2020 we evaluated more than 300 projects and start-ups • Obtaining ISO 27001 • +80 ongoing innovation projects • Continue to invest in R&D to strengthen the Group’s intellectual property portfolio • Development of ULTRA-LOW ENERGY DESIGN technology for Urea plants

GOVERNANCE

GOVERNANCE, ETHICS AND COMPLIANCE

• We are committed to acting in line with international guidelines to respecting local laws, promoting our code of conduct and values throughout our supply chain and integrating the ESG approach into our corporate governance, with the aim of improving our ESG rating and of being included in one or more sustainability indices • Implementation of a Sustainability Policy Set • Introduction of a new Maire Tecnimont Group’s Sustainability function to implement the new group strategy • Adoption and implementation of the Maire Tecnimont Group Anti-Corruption Code (2021) • Launch of training courses on the Maire Tecnimont Group Anti-Corruption Code (workshops, e-learning, job specific training) • Setting of ESG-driven targets, primarily within the incentive systems for the Chief Executive Officer, Chief Operating Officer and Top Management, and a commitment to extending their application to the Maire Tecnimont Group’s other key figures, for 10% of the weighting of the objectives (2021), and 15% (2025)