Contents 5 Summary Introduction to the Report 8 About the Report 10 Message from Kronospan UK 12 About Kronospan UK 14 Kronospan UK at a Glance 16 Our Values 17 Our Product Portfolio We Empower with Positive Governance 20 Our Organisational Structure 22 Highlights in 2022-2023 24 Sectoral and Global Trends 24 Sectoral Outlook 27 Regional Outlook 30 Risk Management 33 Internal Audit 34 Business Ethics 35 Kronospan UK Building Blocks 35 Value Chain 38 Sustainability Management 39 Our Understanding of Sustainability and Stakeholder Expectations 39 Our Sustainability Strategy 40 Materiality and Stakeholder Analysis 41 Material Issues for Kronospan UK and Its Stakeholders 42 Our Contributions to Sustainable Development and Our Targets 44 Our Targets 46 Communication with Stakeholders 47 Responsible Growth Strategy 2