SUSTAINABILITYREPORT

Dear Stakeholders,

on the occasion of the 11^th edition of our Sustainability Report, we wish to underline that this document and all the certifications we achieve each year represent evidence to the market of our commitment to transparency in opposition to the widespread of ‘greenwashing’ by unscrupulous companies, that take advantage of the lack of information on sustainability.

Alcantara has been the first Italian company - and among the very first in the world - to be certified Carbon Neutral continuously for the past eleven years by TÜV SÜD, playing a pioneering role in sustainability since 2009.

Among many key elements of Alcantara’s commitment to all stakeholders, that you can find in this pocket version of the Sustainability Report, we would like to highlight the following:

• Fiscal Year 2020 marks the 11^th Anniversary of our Carbon Neutrality Status and the publishing of the 11^th edition of our Sustainability Report;
• we are maximizing progressively the use of bio-based raw materials (that are not food-chain antagonists) in our production process. The Company portfolio also includes special version of material made with increasing amounts of recycled raw materials;
• we updated our 2021-2024 Sustainability Plan with the aim to renew and reconfirm the main sustainability goals of Alcantara;
• we are further strengthening our responsible procurement policies throughout our supply chain, getting additional suppliers involved in the measurement and neutralization of CO₂ emissions, through offset projects supported by the United Nations;
• we joined additional UN - patronized offset projects to spread the use of renewable energy sources in the poorest and most disadvantaged areas of the world;
• we joined once again the Carbon Disclosure Project (CDP), with the aim of continuing to measure and report our CO₂ emissions;
• we are carrying on strong stakeholder engagement activity, which is clearly testified by the organization of five editions of the International Symposia on Sustainability, which represent an important occasion to raise awareness, encourage dialogue among experts in different business sectors and cross-fertilization in issues of decarbonization and climate change.

Firmly believing sustainability is a necessary factor that is consistent with our long-term objective of increasing the economic and financial value of the Company, this 11^th Sustainability Report underlines what we do and what our future plans are, and highlights how much sustainability remains a core value in our corporate culture, an important growth driver and a spur to developing our business strategy.

As a goal for the future, in accordance with the EU climate and energy policy framework, Alcantara activated a long-term decarbonization plan which aims to reduce CO₂ unitary emissions by over 50% within 2030 and by over 90% within 2050, reducing the Company’s offsetting shares. This decarbonization pathway will be possible through four lines of intervention: circular economy - that will lead us to recycle and reuse end-of-lifecycle products, increase of energy efficiency, use of renewable energy and renewable fuels, and sustainable transportation for our raw materials, our product and our employees.

Now, more than ever, we are convinced that sustainability is a value beyond cost: a value for our Company, our brand, our people and our stakeholders. A value for the future.

Andrea Boragno
Chairman and CEO of Alcantara S.p.A.