SCHREDER - Sustainability Report 2024

Table of contents

Foreword from our Chairman

In presenting this year’s Sustainability Report, I would like to reflect on both the challenges we have faced and the progress we continue to make on our journey towards responsible growth. 2024 was a year marked by deepening global complexity. Geopolitical tensions, social divides and accelerating climate change are reshaping the landscape in which companies operate. For Schréder, this has meant more than just adapting our operations - it has meant reaffirming our values and strengthening our commitment to creating long-term, positive impact. We remain convinced that sustainability is not an add-on to our strategy - it is at the heart of who we are and how we grow. It is a sine qua non condition for long-term success. Across our global operations, we are aligning environmental responsibility with technological innovation, and we are combining ethical leadership with deep respect for local contexts. In line with this commitment, the Strategic Committee has broadened its scope to include sustainability, becoming the Strategic and Sustainability Advisory Committee. This report highlights the significant steps we’ve taken in 2024: Strengthening our approach to circular product design and climate-conscious operations; Expanding access to safe, smart and inclusive urban lighting solutions;

Reinforcing governance and ethical business practices across all regions; Continuing to develop our people, empower our partners and engage with the communities we serve. Furthermore, we also recognise the growing tension between global ESG standards and local expectations, regulations or socio-economic realities. In a world where values are sometimes challenged, our role as leaders is to remain consistent, courageous and clear. We aim to lead with integrity - not just when it is easy, but also when it is hard. And that means keeping sustainable development at the heart of our decision-making processes. On behalf of the Board of Directors, I want to thank the entire Schréder team for their dedication and resilience. Their work is shaping a future that is not only brighter, but also fairer and more sustainable for all. Let this report be more than a record of what we have achieved - let it be a reminder of what we stand for.

Olivier Chapelle Chairman of the Board of Directors

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