At A Glance Our business Perfomance Highlights ESG Corporate governance Financial statements ESG Statements TCM Group Annual report 2023 22 ESG review Environmental performance, Ambition and progress Emission reduction TCM Group has defined year 2021 as our baseline year for measuring our progress in terms of reduction of emission. In 2023 TCM Group committed to emission reduction following the guidelines from the Science based Iniatives (SBTi) target of 1.5 degree. Direct green- house gas emissions (scope 1) and emissions related to purchased energy (scope 2) should be reduced by 42 per cent in absolute terms by 2030. Our target exceeds our commitment to SBTi as we want to a achieve zero emision scope 1 and 2 by 2028. For scope 3 it is our aim to establish a baseline during 2024 and set reduction target in alignment with SBTi guidelines during 2024. Ton CO 2 e scope 1+2 2020 2021 2022 2023 committed SBTI 42% reduction by 2030 Achieved 2028 Expected 2030 SBTi target Commited to SBTI In 2023 TCM Group committed to SBTi and had its reduction target for scope 1 + 2 approved. Only renewable electricity In 2023 TCM Group was only using renewable electricity at our production site, and will continue to going forward. 2023 100% 2022 82% 2021 82% UN Sustainable development goals (SDG) Responsible forestry TCM Group ambition is only to source 100% certified responsible forestry. In 2023 sourced certified responsible timber. 79 % *the emission and baseline has been adjusted in 2023 to include Aubo Social performance, ambition and progress Gender equality TCM Group has a target of representation of the underrepresented gender on the Board of Directors of at least 40% before 2026. As of 31 December 2023 this target is achieved. Diversity Our aim to secure a sensible balance in terms of gender in all level of our organization. Where the underrepresented gender makes up for at least 40% 43% 57% Board of directors 44% 56% Management 36% 64% employees Towards zero accidents Our safety vision aims at having zero accidents. Number of accidents: Women Men 20 22 awbisthenocuet zero accidents 13 12 2025 target 7 2021 8 2022 2023 with absence SGD, 5 Gender equality (target 5.5), 8. Decent work and economic growth (target 8.5 and 8.8), 12. Responsible consumption and production, 13. Climate action, 15. Life on Land.