SUSTAINABLE PROCUREMENT POLICY

Brambati S.p.A. respects the Human Rights of Employees and Local Communities and undertakes to promote these principles with its own Suppliers by identifying and managing the environmental, social and economic impacts within the supply chain and by committing to the purchase of sustainable, ethical and responsible materials, goods and services, in accordance with what is indicated by the ISO 20400 standard.

Specifically, Brambati S.p.A. seeks to:

• avoid a negative social and environmental impact on the supply chain;

• reduce the environmental impact deriving from operating activities by purchasing products that comply with recognised environmental standards.

The sustainable procurement practices in which Brambati S.p.A. is committed at all levels, within its organisation, are the following:

• Purchase of goods and use of services consistently with the international principles aimed at promoting and protecting the Human Rights recognised by the principles of the United Nations Global Compact and defined by the Universal Declaration of Human Rights, by the Declaration of the International Labour Organisation (ILO) on fundamental principles and rights at work, by the provision on transparency in the supply chain embedded in the Modern Slavery Act and in the Conflict Minerals Regulation for anyone who is engaged in corporate supply chain;

• Inclusion of sustainability criteria as part of our process of assessment of supplier and contractor;

• Application of safety and environmental legislation, including international obligations regarding climate change and sustainable development, such as the reduction of Carbon Dioxide emissions and the protection of biodiversity;

• Priority to Suppliers who have adopted ethical and sustainable practices within their own organisation and who apply them within their own supply chain;

• Raising sustainability awareness among supply chain partners and encouraging them to adopt sustainable practices;

• Purchase of goods and services which comply with the recognised minimum environmental standards or specifications in order to pursue the continuous improvement of internal procurement practices;

• Purchase of only those forestry products that originate from sustainable sources;

• Avoiding the use of products that are potentially harmful to the environment whenever a less harmful alternative is available;

• Use of products that have a minimal impact on the environment, both locally and globally. The factors taken into consideration will include production sustainability, transports, the energy used, the consumption of raw materials, the generation of waste and the percentage of recycled content or a high recyclability factor;

• Reducing the impact of deliveries and encouraging the supply of materials, products and services from local markets;

• Wherever possible, consuming and purchasing less, thus identifying and removing wasteful practices in internal and external operations on which Brambati S.p.A. has an influence;

• Recycling materials at the end of their life cycle where possible and, if not possible, ensuring their disposal in the most environmentally correct and appropriate way.

Brambati S.p.A. will regularly monitor the implementation of sustainable procurement commitments and of the ethical standards, in order to clearly identify the trends and to ensure that environmental and social factors are actually taken into consideration in purchase decisions.

The Policy herein is part of and includes all the other Policies and Guidelines adopted by Brambati S.p.A. and is published on the company website for the purposes of disclosure to all Stakeholders

Date Codevilla, 11/06/2020. The Management Brambati S.p.A.