Contents 5 Summary 8 Introduction to the Report 8 About the Report 10 Message from Kronospan Spain 12 About Kronospan Chemicals S.L. 14 Kronospan Chemicals S.L. at a Glance 16 Our Values 17 Our Product Portfolio 20 We Empower with Positive Governance 20 Our Organisational Structure 22 Highlights in 2022–2023 24 Sectoral and Global Trends 24 Sectoral Outlook 25 Regional Outlook 26 Risk Management 28 Internal Audit Progress 28 Business Ethics 30 Data Privacy 31 Kronospan Chemicals S.L. Building Blocks 31 Value Chain 34 Sustainability Management 35 Our Understanding of Sustainability and Stakeholder Expectations 35 Our Sustainability Strategy 36 Materiality and Stakeholder Analysis 36 Material Issues for Kronospan Chemical S.L. and Its Stakeholders 38 Our Contributions to Sustainable Development and Our Targets 40 Our Targets 42 Communication with Stakeholders 43 Responsible Growth Strategy 2