Aquafil S p A : Sustainability Report 2022

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Table of Contents

Executive Summary	7
Disclaimer finale	71

9	1. Sustainability in Our DNA
10	1.1	Embracing responsibility.
	Rethinking business for a sustainable future
	11	1.2	Letter from our CEO.
	Navigating turbulence with sustainable action
	12	1.3	About Aquafil.
	From family business to global sustainability champion
	14	1.4	Blazing a trail in the circular economy.
	ECONYL®: where profit meets purpose

16 1.5 Actions speak louder than words. Our top 2022 achievements at a glance

2. THE ECO PLEDGE®:

Aquafil's Path Toward Full Sustainability

19	20	2.1	Our ECO PLEDGE® for a better future.
Aquafil's five sustainability pillars
	26	2.2	Close the loop.
	Rethinking products in a circular perspective
	34	2.3	One earth, once chance.
	Protecting the environment
	41	2.4	Together we stand, divided we fall.
	Sharing responsibilities throughout the supply chain
	43	2.5	People first.
	Caring for the well-being of individuals
	53	2.6	Leave no one behind.
	Supporting the local communities
59	3. How We Deliver on Our Promises
60	3.1	Carving our commitment in stone.
	A solid ESG governance, from top to bottom
	62	3.2	Following our ethical compass.
	The Aquafil Code of Conduct and Whistleblowing system
	64	3.3	Future-proofing our business.
	Our sound Risk Management system
	66	3.4	Measuring what matters.
	Our "Sustainability web tool" for ESG data collection
	67	3.5	Walking the talk.
	Our pursuit of voluntary certifications
	69	3.6	Individually we are one drop, together we are an ocean.
	Our participation in international alliances

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E X E C U T I V E S U M M A R Y

Executive Summary

In a world of finite resources, increasing waste, and tightening environmental regulation, the traditional linear approach of "take-make-dispose" is no longer viable. Here at Aquafil, sustainability is not a mere slogan. It is embedded into our business model: through cutting-edgetechnology, we develop sustainable, fully-circularproducts that forge a path of sustainability for the textile and carpet industries.

As of today, our ECONYL® regenerated nylon has helped more than 500 brands become more environmentally-friendly, thanks to its unique characteristics: it is made entirely from waste (such as old carpets, fishing nets, fabric scraps, industrial waste), it can be recycled an infinite number of times, and it maintains the same quality but has a way lower environmental impact in terms of CO2 emissions than standard nylon.

In 2022, we also launched our first demo plant to produce bio-basednylon on a pre- industrial scale. The success of the pilot phase shows that it is possible to break our fossil fuel-driven system and transform our value chain to be sustainable, regenerative, bio- based and circular.

Our ESG efforts are not limited to circular economy innovation. Aquafil has always had a 360-degreecommitment to sustainability, considering not only environmental but also social and governance aspects. Since 2008, we have formalised our commitments in our ECO-PLEDGE®, a set of five principles that inspire all the Group's activities:

1. Rethinking products in a circular perspective

2. Protecting the environment

3. Sharing responsibilities throughout the value chains

4. Caring for the well-being of individuals 5. Supporting the local communities

In the first chapter of this report, we delve into our beliefs, our story, our achievements; we explain why ECONYL® nylon represents our source of competitive advantage; we show how we break the trade-offbetween profit and purpose.

In the second chapter, we take a closer look at our sustainability plan. We dive deep into each pillar of our ECO PLEDGE®, exploring our initiatives, past results and future goals.

In the third chapter, we explain how we deliver on our commitments and conduct business ethically, touching upon our ESG governance, Code of Conduct and whistleblowing procedure, future-proofrisk management system, pursuit of voluntary certifications, and participation in international alliances.

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C H A P T E R 1 SUSTAINABILITY IN OUR DNA

Sustainability

in Our DNA

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