Introduction to the Report We Empower with Positive Governance We Aim for Carbon Negative Production Life Cycle Assessment (LCA) At Kronospan, our objective is to reduce our corporate footprint and expand our operations in a positive way to protect the environmental. Research has shown that forests play a crucial role in absorbing carbon dioxide from the atmosphere and storing it in their wood, roots, and leaves. Wood, too, plays a crucial role in storing carbon dioxide (CO 2 ) throughout its life cycle. Therefore, timber-based materials are known for their eco-friendly qualities and contribute to reducing our corporate footprint. We are pleased to announce that the scope of our LCA study covers our LHDF products. Our assessment was prepared in accordance with ISO 14025 and EN 15804+A2 which were assessed based on the cradle- to gate with options, modules C1–C4, module D (A1– A3 + C + D). The LCA study aims to transparently demonstrate the environmental impact of our products until the end of their life cycle. The basis for modelling is the produced amount of LHDF products in the business year 2022/2023 from 10.2022 to 09.2023. The LCI and LCIA data was converted to 1 m 3 . The representative layer average thickness of 2.94 mm was chosen. HDFs with a nominal thickness of 3.0 mm were the most common quantity produced in the 2022/23 financial year (42% of the total quantity). Thus, the carbon footprints of products are as follows: GWP value of 1m 3 [1.26E+01 kg CO 2 eq ]" The details of the Life Cycle Assessment (LCA) results can be found in the “Appendix” section of this report 70 Kronospan MOHÁCS Sustainability Report 2022-2023