CLIMATE & ENVIRONMENT

| Preface | Business Model | CSR Risk Overview | CSR in the Alumeco Group | Business Partners | Climate & Environment | Employees | Anti-Corruption | Data Security| |Page 11|

CLIMATE & ENVIRONMENTAL IMPACT

Essential risks

The Alumeco Group keeps a continuous focus on our surroundings, the climate and the environment. Therefore, we prioritise correct handling of scrap and reduction of energy consumption to prevent unnecessary negative impact on the climate and environment.

Policy

The Alumeco Group establishes and optimises processes and procedures with regards to energy consumption, waste management, scrapping and chemical management as well as prevention of pollution. Where relevant, waste is sorted to ensure correct recycling and to minimise the impact on the environment. Both aluminium and copper are recyclable an indefinite number of times, and, therefore, metal residuals, turnings and scrap are handled with recycling in mind. To support circular economy we place climate and environmental demands on sub suppliers, suppliers and other business partners through our Supplier Code of Conduct.

Actions & results

In the past financial year, the Alumeco Group has initiated

a number of actions to reduce a negative climate and environmental impact.

Use of online video platforms rather than travel activity when and where relevant.

Ensuring a high and stable level of recycling of metals as a result of appropriate scrap and waste handling.

The Metalcenter Group facilitates collection of scrap for recycling with customers.

Focus on packaging, including registration with the German Central Agency Packaging Register.

Recycling of work wear.

| Preface | Business Model | CSR Risk Overview | CSR in the Alumeco Group | Business Partners | Climate & Environment | Employees | Anti-Corruption | Data Security| |Page 12|

Encouragement to bike to work. The campaign in spring 2020 was cancelled due to COVID-19.

Year

’We bike to work’ campaign, Odense

No. of participants No. of km biked

Spring 2019 Autumn 2019 33

33 4.311

3.091

Change to more energy-friendly lighting to achieve a lower energy consumption for production activities. The increase in energy consumption in China and Poland in 2019 is due to an increase in production activities.

Future improvements

To ensure correct collection of waste oil and thereby minimise the risk of undesirable pollution of the ground water, we plan to place containers and draw up instructions for work implying risk of oil spill. The Alumeco Group is preparing certification according to ISO 14001 for further Group companies. We are working on continuous improvement of the waste sorting in the office areas and are examining the possibilities for heating the warehouse buildings with a less detrimental

impact on the environment.

| Preface | Business Model | CSR Risk Overview | CSR in the Alumeco Group | Business Partners | Climate & Environment | Employees | Anti-Corruption | Data Security| |Page 13|