EXMAR report 2025

3.1 Sustainability at EXMAR 75 3.1.3.2 DUE DILIGENCE Our double materiality assessment ensures thorough identification, assessment, prioritization and monitoring of both potential and actual impacts on people and the environment. The methodology is informed by a robust due diligence process, as defined by the UN Guiding Principles on Business and Human Rights and the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct. These frameworks emphasize the importance of due diligence to identify, prevent, mitigate and account for how companies address actual/potential adverse impacts as an integral part of business decision-making and risk management systems. Due diligence is an ongoing practice that responds to and may trigger changes in the strategy, business model, activities, business relationships, operations, sourcing and selling contexts. Besides, due diligence allows us to prioritize actions based on the severity and likelihood of impacts and helps identifying risks and opportunities (as these are often a product of such impacts). At EXMAR, due diligence is woven into our governance structure, as information flows between different bodies and committees are clearly established. A key component of our due diligence process is the engagement with affected stakeholders. Thereby, we aim to identify and address emerging risks and get valuable insights that inform and strengthen our decision-making process. In addition, our risk management framework depends on Key Risk Officers (KRO) (more information in Chapter 3.4 – Governance) who are responsible for due diligence in specific domains, related to compliance. We have the ambition to broaden this framework, integrating also other types of risks (e.g., reputational risks), striving towards a group-wide approach, fed by bottom-up information coming from teams and departments with specific knowledge and expertise. Below, we provide a mapping of the due diligence process, explaining where the main steps are reflected in this sustainability statement. Applicable policies, processes and goals on climate change, own workforce and business conduct, are elaborated on in the corresponding chapters. An assessment of the sustainability-related goals will be done as from 2026 to define status and develop detailed action plans. CORE DD ELEMENTS PGH TITLE Embedding due diligence in governance, strategy and business model 3.1.2.1.5 ISO Certifications 3.1.2.2 EXMAR’s business context 3.1.3.1 The double materiality process 3.4.1.3 Roles and structured dedicated to ESG Engaging with affected stakeholders in all key steps of the due diligence 3.1.3.1 The double materiality process 3.3.2.2 Employee engagement 3.4.3.1 Supporting our corporate culture Identifying and assessing adverse impacts 3.1.3.1 The double materiality process 3.1.3.3 Double materiality results 3.2.3 Resilience analysis 3.4.3.3 Anti-corruption & anti-bribery Taking actions to address those adverse impacts 3.2.4 Climate change transition plan 3.2.5 Climate change mitigation action plan 3.3.2 Policies related to our own workforce 3.3.3 Social projects and actions 3.4.4 Business conduct action plan 3.4.5 Incentivizing sustainability Tracking the effectiveness of these efforts and communicating 3.2.5.5 GHG targets 3.3.3.4 Social targets 3.4.4 Business conduct action plan