ASSECO POLAND S.A. 
PLN 9 810 million
* Applies to proprietary software and services
TABLE OF CONTENTS
Market position of the Group .................................................................................................................... 6
The federation model ................................................................................................................................ 6
2. EMPLOYEE ISSUES .................................................................................................................................... 7
Personnel policy ......................................................................................................................................... 7
Evaluation and employee development .................................................................................................... 9
Additional non-wage benefits .................................................................................................................. 10
Significant risks identified in the area of employee issues ...................................................................... 10
3. SOCIAL ISSUES ........................................................................................................................................ 11
Charitable activities and employee volunteering .................................................................................... 11
Asseco Group vs COVID-19 ...................................................................................................................... 13
Sponsorship .............................................................................................................................................. 14
Mental and physical well-being of the Asseco Group employees ........................................................... 15
Significant risks identified in the area of social issues ............................................................................. 15
4. CLIMATE AND ENVIRONMENTAL ISSUES ................................................................................................ 16
EU taxonomy ............................................................................................................................................ 18
Significant risks identified in the area of environmental issues ............................................................... 21
5. ISSUES CONCERNING RESPECT FOR HUMAN RIGHTS ............................................................................. 21
Significant risks identified in the area of respect for human rights ......................................................... 22
6. ANTI-CORRUPTION ISSUES ..................................................................................................................... 22
Significant risks identified in the area of counteracting corruption ........................................................ 23
INTRODUCTION
We are hereby presenting the Asseco Group's (hereinafter referred to as the "Group", the "Asseco Group") report on non-financial information for 2021 (hereinafter referred to as the "report") covering the Group's non-financial information for the period from January 1, 2021 to December 31, 2021. The report has been prepared taking into account the provisions of the Accounting Act of September 29, 1994, the European Commission's guidelines on reporting non-financial information as well as the national Standards on Non-Financial Information (SIN) and the international guidelines of the Global Reporting Initiative (GRI).
The selection and description of the policies as well as the performance indicators presented in the report have been made on the basis of the materiality criterion, taking into account internal and external factors relating to the Group's operations. The main factors considered during the materiality assessment were:
• the industry in which the Group operates,
• its business profile and market environment,
• the extent of impact on the local community and environment,
• stakeholder expectations.
The data presented in the report are reviewed and updated at annual reporting periods and published regularly with the reports for subsequent fiscal years.
All policy descriptions and indicators in the report have been prepared taking into account data from the parent company and the subsidiaries identified later in the report.
When converting the amounts presented in the report into PLN, an average exchange rate announced by the National Bank of Poland (NBP) as at December 31, 2021 was adopted:
• EUR 1 = PLN 4.5994,
• GBP 1 = PLN 5.4846.
1. DESCRIPTION OF THE GROUP AND ITS BUSINESS MODEL
Asseco Group
The parent company of the Asseco Group is Asseco Poland S.A.
The Asseco Group is a federation of companies operating in 60 countries on 5 continents, which combine the competencies of a software and services company and a producer of technologically advanced software. The Group cooperates with companies and institutions from key sectors of the economy, including banking, energy, insurance, telecommunications, public administration and healthcare.
It is essential for the Asseco Group to be diversified in terms of products, sectors, and geography in order to avoid dependence on one or a few clients and suppliers. This approach allows us to significantly offset the impact
of negative market factors on the Group's operations. Owing to such geographical diversification, the risk
of adverse effects of local factors on the Group's operations is considerably reduced, while a wide range
of products makes Asseco more resilient to potential downturns in individual market sectors.
The Group distinguishes three major operating segments: the Asseco Poland segment, the Formula Systems segment, and the Asseco International segment. The Group's companies operate primarily in the Polish, Israeli, Central European, Southeast European, and West European markets, as well as in the US and Portuguese-speaking African countries.
Figure 1. Simplified structure of the Asseco Group
The complete structure of the Group and a description of changes which took place therein during 2021 has been presented in explanatory note 3 to the "Consolidated Financial Statements of the Asseco Group for the year ended December 31, 2021".
Development strategy
The Asseco Group strategy focuses on creating long-term value for our stakeholders through organic growth and acquisitions.
The Asseco Group strategy of organic growth is focused on the production and sale of proprietary software and IT services to the global market. The Group's activities are based on sectoral technological and business competencies. Asseco offers comprehensive solutions for entire industries, and also sells standardized products for smaller entities.
For many years the Asseco Group has pursued an effective acquisition policy both at home and abroad. Since 2004, Asseco has successfully completed over 115 acquisitions, repeatedly increasing the scale of its operations and geographical reach.
In its acquisition activities, the Group focuses primarily on increasing its competence in core business sectors, entering new geographical markets or reinforcing the Asseco Group's position in the countries where it has been already present.
Owing to our ongoing geographical expansion and enlargement of the portfolio of products and services offered, the Asseco Group has been increasing its revenues and operating profits for years.
The mission of Asseco Poland and the Asseco Group is to improve the quality of life by providing solutions for people and technologies for business.
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Disclaimer
Asseco Poland SA published this content on 31 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 April 2022 11:24:08 UTC.
