Visits with cooperative and institutional shareholders - Seville malting plant, May 2024 1. In June 2024, the international organisation Science Based Targets initiative (SBTi) certified VIVESCIA Groups 2030 climate change mitigation targets: - 29% on total emissions (scope 1, 2 and 3 - FLAG method), including - 42% on greenhouse gas emissions that VIVESCIA is directly responsible for (scope 1 and 2). Created following the Paris Agreement, and the product of a collaboration between several institutions around the world, including the UN, the Science-Based Targets Initiative (SBTi) is now the benchmark in terms of helping companies set emissions reduction targets. FLAG is a new sector-based carbon methodology created in 2023 for forests and agriculture. It applies to parts of VIVESCIA Groups scope 3 emissions. Thanks to an ambitious yet measured investment policy of more than 400 million, over the last five years, VIVESCIA Industries continues to increase its competitiveness and develop new production capacity, while pursuing its innovation plans and sustainability programmes. VIVESCIA Industries 6,000 employees have put everything their passion, their talents and their expertise into achieving these results, and we thank them. With these solid foundations, every business is now better equipped to cope with the challenges agri-business faces. Decarbonisation and competitiveness are inseparable, just as biodiversity and economics are interdependent. Our food processing businesses, and the VIVESCIA Cooperative, have turned a corner. We have started combining good financial results with good environmental and social results. We will continue preparing for the future by positioning all our processing businesses to thrive in tomorrows markets! That is the purpose of the strategic economic plans developed as part of Project VIVESCIA 2030; it is also the strength of our sustainable development policy, LINK, which has been adapted to the reality of each business unit with stronger climate commitments, now SBTi-certified according to FLAG 1 ; a first step has been made towards our nature strategy in accordance with the SBTn methodology; our environmental management charter is being rolled out to all VIVESCIA industries companies... It is obviously also the purpose of, and the strength of, our pioneering TRANSITIONS programme, driven by the VIVESCIA Cooperative, which aims to help nearly 1,000 farmers transition to regenerative, resilient agriculture that is good for the planet, mitigates climate change, and boosts biodiversity. Because it bears repeating: a successful, large- scale transition of agri-food industries requires a collective response from the entire value chain, to share the costs... Malteurop, Grands Moulins de Paris, Dlifrance and KALIZEA joined TRANSITIONS in autumn 2023 and are working with their customers to develop solutions together. We will devote nearly 100 million to sustainable development and decarbonisation between now and 2030. Resolutely focused on the future, VIVESCIA Industries is ready to write a new chapter in its history, to adapt in a context of strong competition and rapidly changing consumer expectations. 05 V I V E S C I A I N D U S T R I E S S H A R E H O L D E R S N E W S L E T T E R 2 0 2 3 2 0 2 4
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