Sustainability for Success Not only does sustainability lie at the very heart of our activities, it is also a driver for our growth and a guarantor of our values. The SÜDPACK Group is expressly committed to a sustainable organizational structure and to protecting people and the environment. Our 2030 Sustainability Strategy is both a foundation as well as a pow- erful tool, which takes a holistic approach encompassing the environ- ment, economy, and society. In all areas. On all levels. And along the entire supply chain. It is based on the sustainability framework that we presented in detail in our 2022 Sustainability Report. Our goal and one of the strategic building blocks of our corporate strategy is Sustainability Leadership. In the area of sustainability, we aim to be the market leader in our industry in order to live up to the perception of our own role and to leverage competitive advantages over the long term. Sustainability is a key building block in the very best sense, not only at this present mo- ment but also for the future orientation of our company group. > Erik Bouts CEO 2

Table of Contents Overview Awards Highlights Facts and Figures 2023 About SÜDPACK Business Units Products Association Work Materiality Analysis Materiality Matrix Sustainability Strategy Corporate Governance and Compliance Sustainable Efficiency Circular Economy Technology Product Design Material Management Climate Protection NET ZERO Energy Management Resource Efficiency Social Responsibility Employees Occupational Safety Supply Chain GRI Content Index Abbreviations Sustainability Audit About the Report 5 5 6 7 9 12 14 18 21 24 27 32 35 37 37 39 41 45 45 48 50 55 55 60 62 64 67 68 71

Highlights Sustainability is a central topic for the SÜDPACK company group and now, together with all its various aspects, forms the core of the SÜDPACK brand. In our daily business, in our interaction with stakeholders, in our investment decisions, and, most particularly, in our products. Within the framework of our sustain- ability strategy, we bring together our environmental, economic, and social responsibility along the entire value chain and are building on our story of success. Since publishing our first Sustainability Report in 2016, we have continuously developed as a compa- ny group in terms of our sustainability. Our current report, our fifth, once again provides the customary level of detail following our 2023 Progress Report, documenting the remarkable degree of maturity that our level of sustainability has reached. We started with isolated initiatives. Today, sustainabil- ity is firmly established throughout our organization. To be able to keep all the measures right on course and drive our sustainability strategy forward, we have implemented extensive sustainability management and created a dedicated area of responsibility. The projects initiated and successfully rolled out in 2023 include: • Implementation of EcoVadis Supplier Management • Submission of our targets to the Science Based Targets Initiative (SBTi) • Calculation of our 2021 and 2022 Corporate Carbon Footprints including validation • 2023 Progress Report • Finalization of the sustainability strategy • Circular economy project in collaboration with initial pilot customers A look at individual projects reveals that, compared to our base year 2021, we were able in 2023 to reduce our waste by 11% and chemically recycled more than 100 tons of SÜDPACK waste. Our CO₂e reduction (Scope 1–3) is currently 22%, the CO₂e reduction per m² 10%. Furthermore, the percentage of renewable energy at SÜDPACK has increased to 46%. And the proportion of our suppliers that we were able to review and assess their sustainability now amounts to 68%. Last but not least, we were pleased to be able to improve our EcoVadis score by four points. With a total of 63 points on our scorecard, we now have a silver medal. On the pages that follow, we report in more detail about our projects, our respective ambi- tions and the extent to which we have achieved our goals. We are currently working on the operationaliza- tion of the topic “Sustainability in the Company” and working to anchor it even more across all levels. Operationalization of sustainability at SÜDPACK The steadily increasing number of initiatives conveys the operationalization and increasing degree of maturity of sustainability at SÜDPACK and thus the path to Sustainability Leadership. 2024 Sustainability Acquisition of a majority Report stake in carboliq Implementation of Sustainability Dashboard 2023 CCF calculation and verification Implementation of Task Forces for every sustainability goal 5 2022 Sustaina- bility Report Implementation of LCA tool 7 Opening of Competence Center for Compounding and Regranulation in Schwendi 2016 Sustainability Report EcoVadis rating 1 1 1 2 2020 Sustain- ability Report Launch of partnership with carboliq 1 1 2 2 2018 Sustain- ability Report 2021 Progress Report 2020 CCF calculation Implementation of Roadmap for Sustainable Products Sustainability Leadership Implementation of EcoVadisSupplier Management Circular economy project (ARLA) SBTi target submission Implementation of sustainability strategy 2021 and 2022 CCF calculation 2023 Progress Report Verification of Corporate Carbon Footprint m a r g o r p y t i l i i b a n a t s u s e h t f o y t i r u t a M 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Number of new initiatives per year 6

SÜDPACK Verpackungen SE & Co. KG | Ochsenhausen (Germany) Ecoform Multifol Verpackungsfolien GmbH & Co. KG | Erlenmoos (Germany) SÜDPACK Verpackungen SE & Co. KG | Erolzheim (Germany) SÜDPACK Verpackungen SE & Co. KG | Schwendi (Germany) SÜDPACK Bioggio SA (Switzerland)

During the reporting period (reference date: Decem- ber 31, 2023), the Management Board comprised Erik Bouts (CEO), Carolin Grimbacher and Tharcisse Carl. The Executive Management Team (EMT) represents the second-tier management level. This is where all aspects of the key topic of sustainability is coordinated by the Vice President (VP) for Strategic Marketing and Sustainability. One level below is the Sustainability Team. The team includes two people who are main- ly responsible for the development and continuous operationalization of the sustainability strategy. In addition, they focus in particular on the topics of Cor- porate Carbon Footprint (CCF), circular economy, and sustainability reporting. Furthermore, the Management Board, EMT, and Sustainability Team form the Sustainability Steering Committee, which convenes once per quarter. The aim is to measure the success of current sustainabil- ity projects and to adopt further strategic measures and initiatives in the area. The Steering Committee is supported by corporate functions. Depending on the topic, they also work on sustainability projects and even directly in the Steering Committee in some cases. The SÜDPACK Management Board contributes to the development and updating of strategies and values as well as the purpose, guiding principles, policies, and goals of the organization, and approves them. The four-eyes principle and the cross-functional checking of all business units and functional areas invariably applies across the entire company. A corresponding competency matrix forms the framework for action. If required, the Management Board can delegate responsibilities and tasks to the EMT, and in particular in the field of sustainability, to the Vice President Stra- tegic Marketing and Sustainability. A weekly, in-depth exchange of information is held between the CEO and the VP Strategic Marketing and Sustainability. In cases of conflict, the Management Board always aims to meet its legal obligations and the interests of stakeholders. The four-eyes principle applies here as well and cross-functional checks are carried out in all BUs and functional areas. The SÜDPACK Advisory Board is of particular impor- tance in the organization because the Advisory Board is part of the highest governance body alongside the Management Board. It nominates and appoints the managing directors – and discharges them as well. The SÜDPACK Advisory Board consists of the chairperson and four external experts. In addition to their supervisory and monitoring role, their position is to contribute their knowledge as experts in various areas. Each member covers a specific spectrum that is of particular interest to SÜDPACK. Specifically, the SÜDPACK Kłobuck sp. z o.o. (Poland) SÜDPACK Oak Creek Corporation (USA) SÜDPACK Grootegast B.V. (Netherlands) SÜDPACK Medica SAS | Coulmer (France) Kamakshi SÜDPACK Pvt. Ltd. | Joint Venture (India)

Business Units BU Food The Business Unit (BU) Food is responsible for all packaging solutions that ensure the protection and quality of food. This means our films are used to produce both end customer packaging and process packaging with special functionalities. SÜDPACK’s concepts preserve freshness and aroma and extend the shelf life of products, which in turn contributes to a high level of consumer safety and to the reduction of food waste. Our portfolio of sustainable solutions has been continuously expanded in recent years. Our solutions help our customers fulfill current require- ments whilst also meeting the growing demand in the industry. To realize growth opportunities in the new markets, we have further enhanced our strategy process. Applications: Sausage, meat and poultry, cheese and dairy prod- ucts, vegan and vegetarian products, nuts, dried fruit and cereal, fish and seafood, bread, bakery products and pasta, coffee, tea, ready meals, snacks and con- fectionery, pet food BU Medica The product range extends from standard to cus- tomer-tailored packaging concepts. For example, it includes the production of pouch solutions for orthopedic and surgical care as well as pharmaceu- tical applications for vaccine production. The coex- truded flexible and rigid films are also used as base and lidding films in the medical and pharmaceutical industries. One particular product highlight is the development of PharmaGuard®, a PP-based, recy- clable film for the production of halogen-free blister packaging for tablets and other pharmaceutical solid applications. The products are manufactured using state-of-the-art plant technology and in accordance with the highest quality and hygiene standards, including the capacity to operate under clean room conditions. Applications: Medical: incontinence care, renal and urinary tract care, ophthalmology, interventional care, orthopedic and surgical care, wound care products, diagnostics Pharma: pharmaceuticals, enteral applications, and food systems, life sciences 12

Products Whether it’s for use in the food, medical or phar- maceutical industries or for technical applications, SÜDPACK’s high-performance films are always cutting edge and meet the wide variety of customers’ requirements with their multiplicity. And although the individual films are all very different from one another, they all meet the same high standards when it comes to quality and functionality. As part of our materiality analysis, presented in this report from page 21, we discovered that two major topics are of top priority when it comes to our prod- ucts: consumer protection and innovation. For these topics, the organization must describe the actual and potential negative and positive impact on the econo- my, environment, and people. In terms of the negative impact, we have to demonstrate whether and to what extent the organization is involved, i.e. with its activities or as the result of its business relationships. the protection of packaged goods. At the same time, we are learning how to conserve important resources better and how to generate added value. In the field of innovation, which is an inherent part of product design at SÜDPACK, the production of sustainable products and product development as a whole was given a positive rating in the materiality analysis. In particular, our focus on material efficiency and circularity is a strong factor, as well as the fact that we take CO₂e reduction into account in product development. Last but not least, we registered positive points for our backward integration. The strategic decision to take a step back along our supply chain in order to ensure the control of production processes as well as suppliers contributes to both our sustainability and our quality. A positive aspect is that our products protect food, medical products, pharmaceuticals, and non-food items. Through our work, we are constantly gaining new insight, which allows us to continually improve Product and consumer protection with product-specific packaging Right from the very start, SÜDPACK’s business model is focused on the development and manufacture of 14

material flows, we have in recent years increasingly focused on developing high-performance single- material solutions based on these two polymers. The two complete product lines PurePP and PurePE, suitable for thermoforming and pouch applications in both the food and pharmaceutical industries, are now available. PharmaGuard®, for example, was de- veloped specifically for the pharmaceutical industry as a recyclable blister concept for solid applications, improving the eco-balance thanks to its excellent material efficiency, the low density of PP and its high yield. The recyclability of such single-material solu- tions can be verified if needed with a certificate from independent, external institutes. Our new lidding films are another current innovation. They ensure that packaging with APET trays can be recycled. Last but not least, we count on sustainability for new pouch concepts. Pouches already intrinsically stand out due to their significantly lower weight compared to conventional packaging concepts such as thermo- formed packaging or trays. When this is combined with the use of thinner materials, we can reduce the use of resources even further and substantially improve the carbon balance along the entire process chain. The versatile PE and PP composites made by SÜDPACK are impressive not only due to their optimal pouch stability and excellent product protection, but also most notably due to their recyclability. When de- veloping our products, we collaborate with renowned machine manufacturers from the very beginning to ensure optimal processing on existing packaging machines. Sustainable business models SÜDPACK sees chemical recycling as an indispens- able building block in a circular plastics industry. This applies above all in cases where mechanical recycling has reached its limits despite “Design for Circularity”. Chemical recycling also guarantees the sufficient availability of recyclates for the production of con- tact-sensitive packaging. Our cooperation with carboliq allowed us to initially utilize our own production-related plastic waste for recycling in the plant in Ennigerloh and to set up circularity as a new business model for SÜDPACK. We have been implementing initial customer projects since 2023. An exciting step towards fully circular packaging came in the form of the project we under- took with Arla. In the project, we were able to convert the plastic waste from maturing packaging for moz- zarella into a high-quality liquid resource and new packaging for grated cheese.

Association Work SÜDPACK is a member of many international and na- tional bodies, committees, and industry associations. We advocate our guiding values for sustainability through various channels at industrial, political, and social levels. This gives us the opportunity to gain and share knowledge. We can influence market develop- ments and help shape them. We are part of a strong community that promotes constructive dialogue, supports one another and can achieve goals that individual companies cannot achieve alone. We are particularly dedicated to the topics of sustain- ability and the circular economy. Which is why within the framework of partnerships and initiatives, we are explicitly involved in programs that aim for the con- scious, sustainable use of plastics and implementa- tion of a circular economy. For example, we are active members of the IK, FPE and CEFLEX associations, which advocate sustainable and circular development in the plastics packaging industry. In IK, we chair the Flexible Packaging Forum and are simultaneously active in various specialist committees. In FPE, we are involved in the Executive Committee, the Sus- tainability Committee and the Circular Economy Task Force. Our involvement with CEFLEX includes various working groups, such as the CEFLEX Advocacy Group, which is also involved in establishing chemical recy- cling. We are also a member of the Corporate Forum Chemical Recycling (CFCR). In the run-up to the introduction of the PPWR, we actively supported the German Association for Plas- tics Packaging and Films (IK) providing them with specific amendment proposals. Furthermore, we exchange views with political representatives from various parties and levels in order to raise aware- ness regarding the current market situation and the challenges it poses. As an industry leader and one of the key driving forces for circularity in our industry, we explicitly welcome the EU Commission’s proposal for a regulation regarding packaging and packaging waste that supports a circular economy as well as chemical recycling as a complementary technology to mechanical recycling. At the same time, we also see significant room for improvement in the mandatory rates for recyclate use, for example, as well as greater clarification on outstanding issues and terminology. To put one issue in more concrete terms, the rapid definition of the term “recyclable at scale” as well as the definition of the corresponding material flows are a key prerequisite for being able to continue to operate effectively and to invest in new products and

Social Environment* Employers’ Liability Insurance Association Authorities/Institutions* Policy/Legislation Associations* Customers* Direct stakeholders Indirect stakeholders * Interview conducted Market Competitors* Suppliers* Recyclers* Media/Press End consumers Schools/Universities* Charitable Foundations/NGOs The most important finding that arose from the stakeholder dialogue is that sustainability is ex- tremely important to all stakeholders. Most notably, climate change, energy, and a circular economy were of utmost importance. The same applies to working conditions for employees, compliance, consumer protection, innovation, and product design. Our sustainability strategy considers these key aspects in the areas of action concerning the circular economy, climate protection, and social responsibility. In a further step, Management, BU Heads, represen- tatives from the Sustainability Team as well as the Environmental Management, HR, Compliance, Purchasing, Product Management, and Strategic Marketing departments participated in two work- shops to categorize the potential material topics in relation to impact and financial materiality. In con- crete terms, each of the 96 topics required according to the ESRS were assessed based on their positive and negative impact as well as their opportunities and risks. In addition, the topic of innovation and product design was considered, as it turned out to be of particular importance in the stakeholder dialogue. Because individual inquiries were not expedient in some areas, we grouped some topics together and did not ask about them individually. A concrete example of our approach The following is an example based on the environ- ment topic. In the context of impact materiality, we concentrated specifically on how severe SÜDPACK’s impact is on climate change (scale), how widespread this impact is along the supply chain (scope) and how difficult it would be to remediate or reverse this impact (remediability). We discovered that while the impact is high, SÜDPACK takes far-reaching measures to reduce the negative impact along the supply chain. This negative impact includes: the high CCF, raw material availability, raw material consumption, the end of life of our prod- ucts, and lastly, logistics, since our products are used worldwide. A positive aspect, however, is that our films effectively protect important products such as food, medical goods, and pharmaceuticals. Putting more and more PP- and PE-based single-material solutions on the market with a lower carbon footprint, continuously optimizing the material efficiency of our high-perfor- mance films, and additionally relying on bio-based plastics and regional business markets are aspects that we also consider favorable. Last but not least, we are pursuing a coherent CO₂e reduction strategy within the scope of the SBTi. 22

Materiality Matrix The quintessence of all these results is our materiality matrix. The y-axis represents financial materiality, the x-axis displays impact materiality. The materi- ality analysis is regularly reviewed and updated. To this end, we monitor not only the development of business areas, risks and opportunities for SÜDPACK, but also changes in legislation as well as the require- ments and needs of our stakeholders. As the 2024 Materiality Matrix shows, we are report- ing specifically about the topics and their sub-topics in this Sustainability Report: • Climate change • Pollution • Water and marine resources • Biodiversity and ecosystems 5,0 4,0 3,0 2,0 1,0 y t i l a i r e t a M l a i c n a n i F 24 32 24 25 26 27 39 38 34 8 37 7 1 12 30 31 33 6 40 35 4 29 23 41 28 42 5 3 11 20 22 43 9 19 21 0 1,0 2,0 3,0 Impact Materiality 15 13 14 16 18 17 2 10 36 4,0 5,0

P r o d uct Design g Tech n olo M aterial M a n a g e m e n t n i a h C y l p p u S O c c u p a t i o n a l S a f e t y N E T Z E R O t n e m e g a n Ma Energ C U L A R ECONO M Y C I R S O C I A L R E S P O N S BILITY N O I T C E T O R P A TE L I M C E mployees c y n E ffi c i e R e s o u r c e SUSTAINABLE EF F I C I E N C Y CORPORATE GOVE R N A N C E 26

Visions and ambitions in sustainability The SÜDPACK sustainability strategy focuses on three central areas of action at its core: circular economy, climate protection, and social responsibility. What we call our “ambitions” are our visions in the field of sustainability that contribute to Sustainability Leadership. In the three areas of action concerning the circular economy, climate protection, and social responsibility, we defined a total of seven ambitions. For the circular economy, they are sustainable prod- ucts, ZERO WASTE, and leader in the circular economy. For climate protection, we are concentrating on NET ZERO, which is also joined by energy management and resource efficiency. When it comes to our social responsibility, zero accidents, a motivated organiza- tion, and sustainable supply chain are among our most important goals. These ambitions will be turned into projects that we consistently pursue. The 2030 Sustainability Strategy is designed to en- sure that SÜDPACK continues to fulfill its responsibili- ty in the key areas of action. This is based on the areas of compliance, corporate governance, and sustainable efficiency. Compliance demands and supports respon- sible governance and serves as a legal and factual regulatory framework. Sustainable efficiency helps to increase the efficiency of our value-added processes and to remain competitive. At the same time, sus- tainable efficiency also provides the framework that makes it possible to work efficiently and therefore sustainably. Operationalization of the sustainability strategy in the company group The SÜDPACK sustainability strategy was finalized on the basis of the sustainability framework and on the 2022 Materiality Analysis in the fourth quarter of 2022 and in the first quarter of 2023. During this period, areas of action were prioritized as it was not possible to work on all the topics at the same time. In the second and third quarters of 2023 the expansion of our sustainability strategy was on the agenda. This included establishing and planning projects in close coordination with the responsible teams and depart- ments. The circular economy area of action focuses in partic- ular on: technologies for efficient resource manage- ment and for the production of sustainable products; PPWR-compliant packaging solutions for the Europe- an market; the CO₂e efficiency of our products; waste reduction; the use of production waste; and the circular economy as a whole. Key projects in the climate protection area of action concern: the reduction of our environmental footprint in accordance with the SBTi targets; renewable re- sources; and the whole topic of material efficiency. In the area of social responsibility, we are working very hard on the topics of employee satisfaction, attractive workplace design, and the reduction of accidents of any kind – and therefore on a safe work environmen- tal in all areas. We are also striving for higher trans- parency in our supply chain and are looking more closely at the topic of sustainability as an important decision-making criterion in purchasing. In every segment of the framework for action, there is at least one project that we are pursing as a top priority and that is also allocated to one of the seven ambitions. We have underpinned these projects with various initiatives that break the project down to an operational level and include KPIs and goals through to 2030. In the months ahead, we will continue to develop the individual projects. The following table shows the individual projects in the three areas of action with their goals and respon- sibilities. The goals and definitions of the KPIs for the individual initiatives were determined jointly with the responsible individuals. This forms the basis for the operationalization of our sustainability strategy in the company group. At this point, however, final goals have not been defined yet for all the projects that could be incorporated into this Sustainability Report. The details on the individual projects and goals can be found in the chapters that follow. 28

Monitoring the sustainability strategy As soon as the individual projects and goals have been specified, we will start to record the status quo, or respectively, the status of each project and the extent to which goals have been reached based on the figures from 2021. Based on this, we were able to launch some projects in 2023. In the event of any deviation, suitable corrective measures must be developed and initiated. Goal achievement is always measured in the current year compared to the goal for 2030. Comparing the strategy with our 2024 Materiality Analysis In the context of the current materiality analysis, comparing the material topics with our strategy revealed that all the topics we are working on are also material. However, not all the material topics had been anchored in our sustainability strategy. The topics • Climate change adaptation • Water consumption • Impact on the condition of ecosystems • Diversity will also be considered more closely after the current topics have been addressed. We have put them on our backlog. Strategy implementation on our company scorecard A number of sustainability projects and initiatives have already been registered as part of our strategic scorecards at a corporate and functional level and are monitored accordingly. This includes: • Increasing the share of sustainable products (company scorecard) • CO₂e reduction (company scorecard) • Optimal use of resources (company scorecard) • Safe working environment with few accidents (company scorecard) • Employee satisfaction and attractive workplace (company scorecard and HR department scorecard) • Expansion of the circular economy (R&D, BU FF&C department scorecards) Moreover, the sustainability area defines further sustainability initiatives that will be monitored at a departmental level in the form of a scorecard. Within the scope of these scorecards, we will also consistently monitor the overarching corporate goals. 30

Corporate Governance and Compliance Integrity, compliance, legal responsibility, and practiced values are the cornerstones of SÜDPACK’s sustainable governance. They are mandatory for the Management Board, senior management, and employees of the company group – and also apply to business and development partners as well as sup- pliers along the value chain. This applies all the more in a dynamic environment and in times of radical change. We are convinced that we as a company can only have lasting success when our conduct is ethical- ly and legally responsible. That is why we not only work consistently on and with our understanding of integrity, but also con- stantly monitor it and continue to develop it. The surveys conducted with internal stakeholders form an important indicator in conjunction with our materiality analysis. They revealed that corporate pol- icy, data protection, and product safety are the three most material topic areas. Accordingly, consistent positive feedback was given regarding our compliance structure in the area of corporate policy in our materiality analysis, which included officers, appropriate training courses, and the newly introduced whistleblower mechanism. Our uniform supplier management, Code of Conduct, Supplier Code of Conduct, and the implementation of SA8000 were also viewed positively. The positive impact in the area of data protection demonstrated that our data protection directive, the designation of a data protection officer as well as data backup and data availability have reached a high level at SÜDPACK. With functioning and practiced management sys- tems, we establish safety, reliability, and transparency in all areas of our organization and along the process chain. Product safety is ensured by the appropriate measures and standards. Our company meets cus- tomer conditions regarding the traceability of prod- ucts and data protection regulations. All information is available and freely accessible. 32

and requirements form the framework for action within which we consider internal development specifications and processes. We have relevant certi- fications that underpin our high standards in product and process management. SÜDPACK’s declared objective is to recognize risks at an early stage in the product development process, in production, in our surroundings, along the supply chain, and right through to the consumer or end user, and to take preventative action. In order to prevent risks relating to product safety, measures such as risk analyses are performed within the context of our certified production safety and hygiene management system in accordance with BRCGS as well as our qual- ity management system in accordance with ISO 9001. These measures are undertaken at least once per year for existing products and processes, and on an ongoing basis for new products and processes. The relevant information on the BRCGS certification of the entire company group can be found in the “Products” chapter of this Sustainability Report. Based on this risk management, we maintain a continual dialogue with our customers and suppliers, as well as with authorities, industrial associations, in- stitutes, and the public. For example, we are active in different working groups of the IK and in various DIN standards committees to further promote the topic of product safety and to constantly make improve- ments within our own company.

for the BU FF&C Task Force is to now ramp up the capacities to 100% by 2030 so we can actually recycle all our waste. A key project for the Sustainable Products ambition addresses the implementation of suitable technolo- gies for the production of sustainable products and expanding the capacity and technology of our exist- ing machines. According to our preliminary plans, we should be able to produce 100% sustainable products by 2030 as required – provided that the relevant framework conditions have been created and our cus- tomers’ demand for the relevant products allow for it. It is also quite certain that we will continue to steadi- ly increase the proportion of sustainable products in our portfolio. The specific target definition for 2030 is still pending and the KPIs are not available yet. All in all, there is still considerable work to be done on our Sustainable Products ambition. A Task Force from Product Management and R&D is responsible for this. Measures As a leader in both technology and innovation, we make sure our films do not end up as waste, but can instead remain in circulation as recyclables through- out their entire life cycle. We feel the only way to con- structively drive forward the expansion of a circular economy is with the right combination of different recycling technologies. With the framework of our internal material manage- ment, for example, we have in recent years signifi- cantly expanded our capacities in the areas of me- chanical recycling, regranulation, and compounding. We not only feed recyclables back into the value-add- ed process and therefore conserve resources, but are also tapping into new business opportunities with innovative compounds made of conventional and bio- based raw materials. And even though mechanical recycling is an import- ant building block of a circular economy, the ability to close loops especially in the area of food packaging makes it necessary to consider chemical recycling as an effective process in addition to mechanical recy- cling. That is why we are working tirelessly on making the technology more widely known by making trade fair appearances, holding press events, and support- ing marketing campaigns. We exchange information with various stakeholders and incorporate their expertise. Among other things, we showcase carboliq technology in the various specialist bodies. We are also active in the CFCR, the Corporate Forum Chemical Recycling. The Forum brings together a group of businesses to represent the entire industrial value chain. These include not only SÜDPACK and carboliq, but also BASF, Lyondell-Basell, THINKTANK, and Procter & Gamble. In the position paper that was 38

Sustainable Product Design Sustainable product design comprises initiatives to reduce the carbon footprint of our films as well as initiatives for developing circular materials. NET ZERO Circular Economy 835 8383333333333333333333333333333333333333333333333333333333333333333333555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555 Carbon emissions Energy Products with positive LCA Alternative raw materials Material efficiency SPQ (Sustainable Print Quality) Recyclability Regranulates & recyclates Circularity Products Recyclable structures Structures with regranulates & recyclates Sustainability strategy projects As one of the key players in the industry for flexible packaging, SÜDPACK made a conscious decision to incorporate climate protection and the reduction of our environmental footprint as a core element of our sustainability strategy. The declared objective is to develop film and packaging concepts that are product specific, particularly material efficient, resource con- serving, and recyclable, making them less damaging in terms of their environmental impact compared to conventional solutions. Our ambitions in this area are Sustainable Products and NET ZERO. recyclable films, 10% (non-PET) and 30% (PET) per- centage of recyclate and 100% in the area of recycla- ble printing. These goals outline the further develop- ment of our goal for 2025, which is to generate 50% of our turnover with products from the Roadmap for Sustainable Film Solutions. In 2023, this amounted to 32% of our turnover. To reach our goals for 2030, our Task Force from Strategic Product Management and Product Development are working on a wide variety of initiatives that specifically address the develop- ment of high-performance single-material solutions and the processing of recyclates in our products. A key project on the agenda for our Sustainable Products ambition is the development of packaging solutions for the EU market in accordance with the PPWR. By increasing the share of recyclable products in our portfolio and increasing the amount of PCR in our films, we have introduced two strong initiatives, which will also be joined by a third – because we want to achieve great things in package printing as well. With our sustainable SPQ technology, we have laid the ideal foundations and opened up a new dimension in flexo and rotogravure printing. The next goal we are pursuing is recyclable printing so we are able to offer our customers 100% recyclability for their packaging solutions. The KPIs here have not been conclusively defined yet; neither has the recent data for the “Increasing the Share of PCR in the Films” project. The goals we aim to reach by 2030 are: 100% As part of NET ZERO, we have in recent months in- creasingly focused on the Reduction in tons of CO₂e/ million m² product initiative as part of the “CO₂e Efficiency of our Products” project. For the goal we want to reach by 2030, we were able to realize 38% of the planned 209 tons of CO₂e/million m² of product in 2023. To be able to reach 100% of our CO₂e reduction goals in the scheduled timeframe, the Task Force for SBTi Target Achievement will systematically analyze the carbon emissions generated as well as any further environmental impact along our supply chain. They will also document the relevant progress made in each phase. 40

been achieved for clicks on the homepage. The Task Force from Marketing Communication is responsible for ambition two. Waste To reach our ZERO WASTE strategic goal, our internal activities in the area of material management were expanded during the reporting period. At present, more than half of the waste is already being reused; however, the rest still has to be disposed of and waste in the USA is still sometimes sent to landfill. We see an opportunity in the compounding area of business, in particular, for film remnants to be processed, re- used and sold. This is because we can optimally adapt the property profiles of our innovative compounds made from conventional and bio-based raw materi- als to meet the specific needs of our customers. Our unique expertise is of tremendous benefit, especially in the case of solutions for technically demanding applications. Leadership in a circular economy In collaboration with our pilot customer Arla Foods and as described on page 17, SÜDPACK developed a model that makes the production of multi-layer maturing pouches for mozzarella cheese circular by using chemical recycling from carboliq. The “Flatz” project is a good example of mechanical recycling. The Flatz company sources a PP-based flexi- ble film with a barrier from SÜDPACK as an inner liner for a pulp tray to make the tray tight and sealable. The end customer seals the tray with a paper-based barrier top web that is produced by SÜDPACK. How- ever, the production process of this hybrid tray at Flatz generates a relatively large amount of punching waste. This punching waste is mechanically recycled at SÜDPACK’s Recycling Center in Schwendi and a proportion of it is fed back into the production of new films for Flatz. This 100% closes the material loop. Environmental protection SÜDPACK meets its responsibility for the environment with various measures and underpins them with relevant standards such as the Environmental Man- agement System ISO 14001. The international norm forms a framework for action to achieve defined goals that enhance the environmental performance of our organization in a process of continuous improvement. In various parts of this report (specifically on the topic of ZERO WASTE), we have already described how we can curb the pollution caused by packaging waste at the end of life as well as the issue of microplas- tics with measures such as reducing our own waste, optimizing the material efficiency of our films and expediting our own material management as well as the recovery of recyclables by means of a circular economy. 42

financing of all kinds of investment. Investment in new technologies and the expansion of our capacities allow us to then initiate further measures to protect the climate, environment, and resources. and services category. We achieved 62% of our goal in 2023 since we only have a limited influence on the relevant factors. We will also further intensify our efforts in this segment. Sustainability strategy projects Our NET ZERO ambition is a central building block and an overarching goal of our sustainability strategy. We have pooled the measures defined in the con- text of NET ZERO in a multidimensional project that primarily focuses on reducing our carbon emissions in accordance with the SBTi targets. It is a joint project involving our BU FF&C and the Strategic Product Management, Development, Finishing, Energy Management, and Purchasing departments. The two significant initiatives aim to reduce scope 1, scope 2, and scope 3. We have also achieved 83% of our goal in scope 1 and scope 2. The goal is to reduce our greenhouse gas emissions by 76% by 2030 compared to our base year 2021. For indirect emissions, a reduction target of 25% has been set for scope 3 in the purchased goods Corporate Carbon Footprint [t CO₂e] 2021 2022 2023 Scope 1 Coolant Mobile incineration 18,005 17,778 13,866 300 434 307 584 434 725 Stationary incineration 17,241 16,856 12,675 SF6 isolation Scope 2 Electricity (market-based) Electricity (location-based) Heat Scope 3 Purchased goods and services Fuel- and energy-related activities Waste Business travel Employee commuting Upstream transport Downstream transport 30 38,053 38,036 32,041 17 30 2,428 2,411 34,135 17 31 6,487 4,585 25,208 1,901 484,265 461,366 400,316 344,633 325,105 287,931 8,313 8,495 7,353 19,987 16,846 16,824 86 2,418 20,893 574 326 2,567 250 2,317 19,748 15,591 453 416 Recycling and disposal 76,897 75,406 59,744 Capital goods Investments Processing of purchased products 5,317 202 4,919 5,949 1,368 5,081 3,837 2,295 3,758 Final result 540,323 481,572 420,668 Our commitment to the Science Based Targets Initiative The SBTi is a climate action organization that enables companies to play their part in combating the climate crisis. More than 5,000 companies worldwide have already anchored effective climate protection at a corporate level and have defined SBTi targets in order to be able to limit global warming to 1.5°C. SÜDPACK is also committed to the goals of the Paris Climate Agreement. In April 2022, the SBTi Commit- ment Letter was signed and the targets were then promptly submitted to the SBTi in December 2023. Exactly two years after signing the letter, the submit- ted targets for reducing greenhouse gas emissions and thus improving our carbon balance were validat- ed in April 2024. The submission of the climate targets was preceded by a comprehensive analysis of the Corporate Carbon Footprint (CCF), which included all the production sites and sales offices. To do so, the emissions for 2021 and 2022 were recorded and evaluated, and 2021 was set as the base year for measuring progress. The scope 1 and scope 2 emissions according to the Greenhouse Gas Protocol Standard are always taken into account. They cover the direct activities of the company as well as its energy requirements. At SÜDPACK, they only account for 5% of the total CCF. SÜDPACK is committed to reducing these emissions by 76% (1.5°C) by 2030. By far the greatest share of the total emissions, namely 90%, are found in scope 3. The emissions in the area of purchased goods and end-of-life disposal alone account for 85%. That is why SÜDPACK has included these emissions in its tar- get setting. Specifically regarding indirect emissions, a reduction target of 25% (<2°C) was set for scope 3 in the purchased goods and services category. Building on these targets, SÜDPACK is currently developing its CO₂e reduction projects, which will be rolled out for the entire company. Specific projects for target achievement It is encouraging that our CO₂e reduction projects are generally right on track. We are gradually increasing our own generation of regenerated energy at our sites, for example by using our photovoltaic systems and purchasing green electricity. All our German pro- duction sites already operate using 100% green elec- tricity. Progress is also being made in transitioning our product portfolio to sustainable solutions. The focus is primarily on reducing material use and on developing extra thin, lightweight, and recyclable monomaterials 46

Energy Management Ambitions Projects Goals for 2030 Goal attainment (100%) NET ZERO Renewable Energies Increase in percentage of renewable energies 100% renewable energies Renewable energy: 46% Energy is a precious commodity. Particularly in a time of climate change and with the more rigid framework conditions that we are currently experiencing. Within the scope of the NET ZERO ambition, SÜDPACK has set itself the goal to not only drastically reduce its carbon emissions, but to also utilize intelligent, forward-looking energy management in order to be able to contribute to resource conservation, climate protection and security of supply. The production of plastic films is energy-intensive. Despite placing greater emphasis on energy efficiency when investing in new machines, our machinery still has a high level of energy consumption. As a result, this has a negative impact on our materiality analysis. What is viewed positively is that SÜDPACK continues to pursue its ambitious goals for increased energy efficiency in film production and invests in modern, energy-saving machines and production processes. The early decision to rely on photovoltaic systems and regenerative energy as a whole is also seen as favor- able. We have been running our German sites with 100% green electricity since 2022. The implementation of the energy management system ISO 50001 also adds bonus points. It is both an effective tool and a guarantee for success. More- over, certification according to DIN EN ISO 50001 for companies with energy consumption of more than 7.5 GWh based on the Energy Efficiency Act (EnEfG) is mandatory in Germany starting in January 2024. For particularly energy-intensive companies like SÜDPACK, it is also a prerequisite for potential relief regarding the renewable energy surcharge (German Renewable Energy Sources Act, EEG) and the expect- ed electricity and energy tax. The standard also helps us to: • Tap into previously unused energy efficiency potential • Improve our energy cost balance • Reduce the greenhouse gas emissions and harmful impact of our energy systems • Optimize our environmental footprint • Comply with our legal obligations • Fulfill our responsibility for protecting the environment and climate In short, energy management is an extremely im- portant topic for SÜDPACK and its stakeholders. With both positive and negative impacts. Sustainability strategy projects Our ambition in the energy area also contributes to NET ZERO. An important project in the context of this area of action is “Renewable Energy”. The corresponding initiative aims to increase the percentage of renewable energy at SÜDPACK to 100% by 2030, 5% of which is to be self-generated by ex- panding our photovoltaic systems. In 2023, we were able to generate 0.5% of the required total energy consumption ourselves. Purchased green energy accounts for 46% of our total energy consumption. In cases where guarantees of origin were not purchased for green electricity, a location-based calculation is performed based on the electricity mix in each coun- try. The Energy Management Project Team was formed to further the transition to green energy and also roll out electricity purchasing and self-generated electrici- ty for all international sites. Measures Effective energy management optimizes energy con- sumption, maximizes the use of renewable energies and helps to drastically reduce emissions. In the first step and as a prerequisite for effective energy management, SÜDPACK recorded the energy consumption of all sites and examined options for CO₂e neutral procurement. In addition to electricity, the procurement of biomethane and biofuels is also an option. The percentage of renewable energies in the entire SÜDPACK group amounts to 46% in 2023 and includes self-generated power (for example from photovoltaic systems) and the purchasing of guaran- tees of origin for electricity (German sites). If elec- tricity is taken into account on its own, the company group reaches 82% in 2023. In total, it was possible to reduce energy consumption by 14% between 2023 and 2022. In addition to the ISO 50001 certified manage- ment system, it is important here to mention the investment we are making in more energy efficient 48

Resource Efficiency Areas of action Resource efficiency Projects Material Efficiency Goal for 2025 123 g virgin material/m² Goals for 2030 Goal attainment (100%) Increase in material efficiency 105 g virgin material/m² Material efficiency: 49% The majority of resources available worldwide are limited – which is why using them responsibly is of utmost importance for both the environment and future generations. Resource efficiency is not only of environmental significance, it is also important in a social context and relevant to companies, particularly from an economic perspective. After all, it strength- ens the reputation of a brand and has many positive effects on the success of a company. SÜDPACK also benefits from increased resource efficiency. The economical yet intelligent use of a wide variety of resources as well as the recovery of high-quality recyclables is to be seen as an essential task of the 2030 Sustainability Strategy and as a path to a more sustainable future. a further development of our goal for 2025, which envisages a material efficiency of 123 grams of virgin material/m². We already reached that goal in 2023. The Task Force from Strategic Product Management and Development will implement further measures to cross the finish line by 2030 at the latest. Materials used The increase in material efficiency can also be seen in the amount of materials used, which we have been able to reduce in recent years. Even though produc- tion dropped slightly between 2022 and 2023, the amount of materials used still fell disproportionately. Approximately 5% of the materials we use are made with recycled input materials from our in-house regranulation. 134 125 103 kt 160 140 120 100 80 60 40 20 0 2021 2022 2023 Non-renewable materials Renewable materials A look at the materiality analysis reveals that the topics of resource use, innovation, and product design are very important for SÜDPACK and its stakeholders. A topic that is not material for SÜDPACK, yet still of importance, is water. We will therefore briefly cover the topic in this Sustainability Report as in previous issues. It came as no surprise in the surveys that the use of fossil raw materials and the utilization of our prod- ucts came across negatively since too few plastic fractions are kept in a loop. In contrast, positive associations are made with our achievements in the area of material efficiency and resource savings. A positive view is also taken of our technology mix and investment in modern machinery in conjunction with a high level of extrusion expertise. Without this, the development and manufacturing of particularly thin and recyclable films would not be possible. Sustainability strategy projects The core of our NET ZERO ambition also includes our Material Efficiency project. The corresponding initiative calls for us to further increase our material efficiency with suitable measures. In concrete figures, we have set ourselves the goal of 105 grams of virgin material/m² film for 2030. We have already achieved 49% in 2023. This goal is 50

Life cycle assessment “As little material as possible, but as much as neces- sary” – our motto is a perfect match for our goals. To conserve and make meaningful use of resources and also be able to improve our environmental footprint in the product area, we have been relying on a life cycle assessment, or eco-balance, tool since 2023. The tool enables us to analyze the environmental impact of products over their entire life cycle, compare differ- ent concepts, and provide an end-to-end evaluation of packaging solutions. The impact categories that we have identified as relevant to our films in addition to greenhouse gases (CO₂e) are the consumption of fossil resources (fossil energy inherent in the material) and ecotoxicity (toxic effect on living organisms). To calculate the environmental impact of products, we apply a cradle-to-grave approach that takes into account different end-of-life options within defined system limits. This is an important approach, because for our flexible films (with an average recycling rate of 48% and a thermal utilization rate of 52%), approx- imately 10% are found at the end of the life cycle. By using mechanical or chemical recycling as an alterna- tive to thermal utilization, we can reduce CO₂e and obtain resources for reuse. We use our LCA tool to support our customers in finding the optimal packaging solution and achiev- ing their environmental and sustainability goals. For SÜDPACK customers in particular, we also offer screening LCAs and comprehensive LCAs. For certain product groups, we also implement the ISO 14040/44 certifications of our LCAs. We share the results with our customers or upon customer request. An excellent example in this area is our verified Flow Pack PurePP LCA study: LCA example Flow Pack PurePP The Flow Pack PurePP films are part of the SÜDPACK Pure-Line portfolio. They are flexible film laminates that are used for manufacturing flow packs for various applications, particularly in the food sector. The films are made of PP with a small share of barrier polymer. Due to their single-material structure, the cyclos-HTP institute assesses their recyclability rate as 92%. Definition of the relevant system limits along the life cycle End of life Raw materials and polymers Scope 3 – upstream Scope 1 and scope 2 Scope 3 – downstream Use phase Production SÜDPACK Distribution Extrusion Printing Laminating Slitting 52

Development in number of employees 2021 2022 2023 Total Men Women Total Men Women Total Men Women Total SP sites Germany SP Bioggio (Switzerland) SP Kłobuck (Poland) SP Oak Creek (USA) SP Grootegast (Nether- lands) SP Coulmer (France) 1,653 1,091 147 196 69 61 89 1,283 841 129 160 54 22 77 370 250 18 36 15 39 12 1,730 1,116 148 232 70 80 84 1,332 856 130 193 53 30 70 Development in number of senior management members Men Women 3 3 3 11 11 10 73 77 79 398 260 18 39 17 50 14 82 87 84 1,724 1,092 141 237 57 97 100 1,325 835 125 199 43 36 87 399 257 16 38 14 61 13 42 2021 52 2022 55 2023 Management EMT Managers Board Head of Team Coaches In shift operation, for example, the negative impact includes working conditions, while positive ratings were given for employment contracts of indefinite du- ration, needs-based working time models and flexible work schedules, a transparent pay scale, and the Social Performance Team (SA8000). In the segment “Equal Treatment, Equal Opportunities, Diversity, and Inclu- sion”, one negative aspect was that not all the company premises at all of the sites are barrier free. What is viewed positively, on the other hand, is that SÜDPACK provides extensive training and further development as well as company pension schemes and disability insurance. The company also employs people with dis- abilities (approximately 3%) and promotes diversity in management positions. The Code of Conduct, SA8000 certification, and the whistleblower system that was implemented in 2023 are also rated positively in the “Discrimination in the Workplace” segment. In con- junction with discrimination, human rights, and data protection, top feedback was given at all sites regarding the observance of human rights, the Code of Conduct, our annual EcoVadis rating, our data protection guide- lines, and the appointment of a Data Protection Officer. There were negative impacts established in these areas. Sustainability strategy projects Performance that is spurred by satisfaction and a working environment that is both safe and healthy is the foundation for success. As part of our Motivated Organization ambition, we launched two large proj- ects in 2023: “Employee Satisfaction” and “Attractive Workplace”. Another part is the introduction of dis- ability insurance, described in the chapter on “Occu- pational Safety”. The goal is to adapt to market-driven working conditions and create a comfortable working environment where everyone can do their best. Employee satisfaction was given three points in 2023; our aim is to reach 3.3 points by 2030. In the workplace area, targets have not yet been set and the rating is performed based on employee turnover. The “Employer Branding” project Despite having an image that is positive through- out, it has become essential for us to continue to strengthen SÜDPACK as an employer brand. That is why our HR team is working flat out on “Employer Branding”. We want to hone what distinguishes us and dedicate ourselves to the topics that we consider 56

New hiring of employees Hiring rate SP sites Germany SP Bioggio (Switzerland) SP Kłobuck (Poland) SP Oak Creek (USA)* SP Grootegast (Netherlands) SP Coulmer (France) 2021 2022 2023 12% 10% 2% 27% not available not available not available 15% 13% 3% 31% not available 7% 38% 8% 6% 1% 12% not available 15% 30% * The database for the US site is currently being established. Turnover of employees Turnover rate SP sites Germany SP Bioggio (Switzerland) SP Kłobuck (Poland) SP Oak Creek (USA)* SP Grootegast (Netherlands) SP Coulmer (France) 2021 2022 2023 8% 9% 3% 6% not available not available not available 10% 11% 2% 13% not available 7% 7% 8% 8% 6% 10% not available 7% 9% * The database for the US site is currently being established. Annual total compensation ratio 2022 2023 Difference 12.6 11.8 -6.3% The ratio of annual total compensation for the highest-paid individual to the median annual total compensation for all employees* * annual total compensation = fixed component + variable component + additional payments All part-time employees were calculated as full-time to improve comparability. Key figure for the German sites. The other sites will be added over the next few years. Company pension scheme SÜDPACK introduced an attractive, employer-funded company pension plan many years ago for the em- ployees at the German sites. In addition, we offer the option of an employee-funded pension plan in which our employees can build up a further pillar of retire- ment provision through voluntary deferred compen- sation from their gross salary. Remuneration policy The current remuneration system is clearly struc- tured, transparent, and easy to understand. It applies to all employees. Introduced in April 2021, this system enabled the company to group in one of the 63 pay grades (pay matrix), which harmonized the compen- sation systems for our industrial and commercial employees while simplifying and standardizing the remuneration systems. In addition, we have encour- aged all employees to play their part in the success of the company by implementing a variable compen- sation component. Our compensation structure now consists of a fixed and a variable component based on achieving a common earnings target that is the same for everyone. Annual employee performance reviews are now also firmly established. In feedback conversations, 100% of our employees received regular performance and career development reviews during the reporting period. Training SÜDPACK’s certified training program and numerous training activities ensure that employees are offered both vocational training and study programs. Four full-time and six part-time instructors and more than 100 training managers support our junior staff in the nine training occupations and nine degree programs. And with some success: in each of the last three years alone, over 80% of trainees and students have been taken on. Most of the other young individuals usually decide to continue their training, for example with advanced secondary education or degree programs. To further enhance SÜDPACK’s appeal as a training company, a 35-hour week will be introduced for ap- prentices and students starting in September 2024. Moreover, our IHK-certified “Training Ambassadors” visit schools, universities, and events to give young people insight into everyday working life and pique their interest in an internship, apprenticeship or dual study program at SÜDPACK. We currently work closely with seven cooperating schools. In addition to 58

Occupational Safety Ambitions Projects Goal for 2025 Goals for 2030 Goal attainment 2030 (100%) Zero Accidents Accident Reduction Safe Work Environment 7 ppm 1,000 reports of near misses tbd tbd not available not available Conventions, and other international human rights standards as well as the labor rights that are an- chored in national labor laws. We are one of the few companies of our size to have successfully completed the certification so far, and with it, we are fulfilling our due diligence towards our employees, custom- ers, suppliers, and society as a whole. During the reporting period, we made significant progress most particularly in the segments of work equipment, safety measures on the machines, safety training, and ergonomics. Health protection We were very active in the area of health protection at the German sites during the reporting period. An example of one of the key measures we implemented is our massage offer to all employees. Shiatsu, which is a manual method of treatment developed in Japan, takes a holistic and natural approach to handling health problems while simultaneously stimulating both physical and mental well-being. At SÜDPACK, around 350 individual appointments are kept each year by employees. An average of 70 to 100 employ- ees come for workplace health management consul- tations on health and nutrition. Every Wednesday, we offer a 30-minute lunch break training session. Employees do not need to register in advance. We also offer Nordic walking classes. Up to 250 employ- ees also take part in the carotid artery and skin cancer screening each year. Since September 2023, consultation hours have been offered by a company doctor during working hours at the German SÜDPACK sites. For the international sites, care from a company doctor is also available as and when necessary. Since fall, a fitness room with modern equipment has also been available at the German sites. And to encourage our employees to be even healthier and more active, we also became part of the sports and wellness network EGYM Wellpass, which currently includes more than 9,000 partner studios and sports opportunities. The offer from SÜDPACK will be available starting in June 2024 for an unlimited period of time. SÜDPACK relies on holistic health and occupational safety management. Because it is important to main- tain the health and performance of employees while avoiding work accidents and work-related diseases as far as possible. A risk-based approach in both areas allows us to recognize initial signs as early on as pos- sible so that appropriate measures can be taken. Our materiality analysis and regular surveys con- ducted among our employees also gave us important insights into this topic area, and revealed that we are still struggling with work-related accidents and injuries. Shift operation in our Production department is also viewed negatively, despite the positive aspect of it offering a high degree of flexibility, advantages when it comes to organizing leisure time and fi- nancial benefits. We did receive positive points, on the other hand, for our preventive measures, health promotion, and company doctor. Sustainability strategy projects The work performed by the Occupational Safety Task Force, which was set up in 2021 and is committed to the Zero Accidents goal, has also been rated positive- ly so far. Projects were also consistently initiated in 2023 to reduce the number of accidents and create a safe work environment for every individual. However, we are only just getting started with our efforts in this area. For 2025, we have set an intermediate goal of seven PPM (accidents per million hours worked). In 2023, we achieved 8.2 PPM. For near misses, the target is 1,000 reports per year. In 2023, we achieved 97%. We will set the initiatives and goals for 2030 as soon as our new Occupational Safety Manager starts in October 2024. Under his direction, we want to devel- op appropriate measures for both accidents and in the area of creating a safe work environment. One of the key building blocks for SÜDPACK in the area of employee satisfaction and occupational safety is SA8000 certification, which was initiated in 2022 and completed in August 2023. The internationally recognized certification standard is based on the United Nations’ Universal Declaration of Human Rights, the International Labor Organization (ILO) 60

Supply Chain Ambitions Projects Sustainable Supply Chain Transparent Supply Chain Sustainability as Purchasing Decision Goals for 2030 Increase in percentage of suppliers with sustain- ability rating Improvement of SÜDPACK EcoVadis rating Improvement in sustainable purchasing decisions Goal attainment (100%) 90% of purchasing volumes > = 80 points 100% of decisions with LCA information Purchasing volumes with sustainability rating: 76% SÜDPACK EcoVadis rating: 79% Decisions with LCA: 0% Our standards in terms of sustainability and responsi- bility apply not only within our organization, but also to our suppliers and business partners – worldwide. SÜDPACK by 2030. Having reached 76% for our sup- pliers and 79% for SÜDPACK in 2023 means we are well on course. Our transparent business practices and business relationships enable us to strengthen our business and SÜDPACK as a brand. We ensure the delivery capability and support of our customers. We reduce the negative impact on the environment and society along the supply chain. Most importantly, we comply with current regulations arising, for example, from the Act on Corporate Due Diligence Obligations in Supply Chains (Supply Chain Act, LKSG). As part of our materiality analysis, we were also able to determine important topics in the supply chain area of action. In the area of a transparent supply chain, there is no data for the base year 2021 because we launched the sustainability-based supplier evaluation in 2023. As for purchasing decisions, we are not optimally po- sitioned yet. Target definition for 2030 is still pending and the relevant KPIs are not available yet. As a mea- sure, we have decided to include materials with LCA information in our purchasing decisions in the future and to rate them based on comparable criteria. To further promote the achievement of goals, we formed a Task Force in Purchasing. The following is viewed positively: • The Supplier Code of Conduct • Our declaration of principles on respecting human rights • The Supply Chain Act-compliant risk analysis and our risk management in the supply chain • The SÜDPACK supplier evaluation • 35% proportion of local raw material suppliers in Germany Sustainability strategy projects In the scope of our Sustainable Supply Chain am- bition, we are pursuing two goals that are closely intertwined: a transparent supply chain and sustain- ability as a decision-making criterion in purchasing. Effective initiatives that we have defined in this area include increasing the percentage of suppliers with a sustainability assessment as well as the percentage of suppliers with a positive sustainability rating. Currently, 68% of our supplier volumes in euros have a sustainability assessment, and the aim is to increase this amount to 90% by 2030. In parallel, we have set ourselves the task to further improve our EcoVadis rating. An average EcoVadis rating of 80 points is planned for both suppliers and 62

GRI Content Index GRI Standard Additional information Page Statement of use | SÜDPACK Holding GmbH has reported in accordance with the GRI Standards for the period from January 1, 2022 – December 31, 2023. 1 – Foundation 2021 Applicable GRI Sector Standard: no Sector Standard applicable 2 – General Disclosures 1 The organization and its reporting practices 2-1 2-2 2-3 2-4 2-5 Organizational details SÜDPACK Holding GmbH Entities included in the organization’s sustainability reporting Reporting period, frequency, and contact point Contact: lisa-marie.schmidberger@suedpack.com Restatements of information External assurance 2 Activities and workers 2-6 2-7 2-8 3 Governance 2-9 2-10 2-11 2-12 2-13 2-14 2-15 2-16 2-17 2-18 2-19 2-20 2-21 Activities, value chain, and other business relationships Employees In SP Baar, an additional 70 people (32 men, 38 women) are employed. Because SP Baar is not a pro- duction site, it will no longer be taken into account. Workers who are not employees None Governance structure and composition Nomination and selection of the highest governance body Chair of the highest governance body Role of the highest governance body in overseeing the management of impacts Delegation of responsibility for managing impacts Role of the highest governance body in sustainability reporting Review and approval of the Sustainability Report by the Management Board Conflicts of interest Communication of critical concerns Collective knowledge of the highest governance body Evaluation of the performance of the highest governance body Remuneration policies Process to determine remuneration Annual total compensation ratio 4 Strategy, policies, and practices Statement on sustainable development strategy Policy commitments Embedding policy commitments Process to remediate negative impacts Mechanisms for seeking advice and raising concerns Compliance with laws and regulations Membership associations 2-22 2-23 2-24 2-25 2-26 2-27 2-28 64 8 – 11 11, 71 71 71 68 – 70 8 – 17 54 – 59 9 – 11 10 – 11 10 – 11 10 – 11 10 – 11 2 – 3 10 – 11 9 – 11 9 – 11 9 – 11 58 58 58 2 – 3 32 – 34 32 – 34 32 – 34 32 – 34 32 – 34 18 – 19

Page 61 61 58 56 – 57 62 – 63 62 – 63 55 14 – 17, 32 – 34 14 – 17, 32 – 34 14 – 17, 32 – 34 14 – 17, 32 – 34 33 – 34 GRI Standard Additional information Workers covered by an occupational health and safety management system 100% (through ISO 45001) Work-related injuries Percentage of employees receiving regular performance and career development reviews Diversity of governance bodies and employees Incidents of discrimination and corrective actions taken Operations and suppliers at significant risk of incidents of child labor Operations and suppliers at significant risk of incidents of forced or compulsory labor New suppliers that were screened using social criteria Negative social impact in the supply chain and actions taken 100% (annual employee and management review) No cases of discrimination during the reporting period Political contributions No political support, rather social commitment Assessment of the health and safety impact of product and service categories Incidents of non-compliance concerning the health and safety impact of products and services Incidents of non-compliance concerning product and service information and labeling Incidents of non-compliance concerning marketing communications Substantiated complaints concerning breaches of customer privacy and losses of customer data None None None None 403-8 403-9 404-3 405-1 406-1 408-1 409-1 414-1 414-2 415-1 416-1 416-2 417-2 417-3 418-1 66

Sustainability Audit Certificate Validation Sustainability Report in accordance with GRI Standards After remote assessment, document inspection and discussions with responsible employees, we confirm the credibility, transparency and plausibility of the information in the Sustainability Report, Reporting Year 2022/2023, published by SÜDPACK Holding GmbH at the location Ecoformstr. 1, 88416 Erlenmoos SÜDPACK Holding GmbH prepares its Sustainability Report 2022/2023 in accordance with the GRI Standards 2021. The focus of the audit is on the principles of corporate sustainability responsibility as well as the reliability and quality of the report content on a sample basis. The validation of the sustainability-related disclosures presented in the report is planned and performed to enable us to express our opinion with limited assurance. Berlin, 02.09.2024 Prof. Dr.-Ing. Jan Uwe Lieback Director No. N-24-23090 68

• • Inspection of the documents on the 'Strategy 2030', corporate organisation and stakeholder dialogue Inspection of the documentation of the systems and processes for the collection, analysis and aggregation of data relating to sustainability performance. • Personal interviews with the management, the commercial director, the head of finance & administration and the head of human resources • Personal interviews with the Sustainability Officer, Head of QM, Hygiene, Environmental Protection and Occupational Health and Safety, Compliance, Marketing • Analytical assessment of communicated key figures and trends for the reporting period 2022- 2023 • Obtaining evidence on a sample basis for individual disclosures, including by inspecting internal management documentation and accounts and analysing data sets generated as reports from internal data systems. Verdict Based on our limited assurance engagement, nothing has come to our attention that causes us to believe that the sustainability disclosures in the Sustainability Report 2024 of SÜDPACK Holding GmbH do not comply with the concepts and principles of the GRI Standards. The reporting was performed in accordance with the GRI Standards. Supplementary notes - Recommendations Without qualifying the above result, we make the following recommendations for the further development of sustainability management and reporting: The existing sustainability programme was further refined through the dedicated materiality analysis, which is already aligned with the ESRS. It is advisable to compare the metrics to be reported on with the existing database with regard to the material topics and to close any gaps. Sustainable supplier management has also gained further structure. Nevertheless, the focus should remain on this area in the future so that self-imposed targets, including those relating to ‘sustainable purchasing decisions’, can be realised. Hamburg, the 30th August 2024 GUT Certifizierungsgesellschaft für Managementsysteme mbH Umweltgutachter Susanne Moosmann V_GRI-Assurance Statement Revision: N.1/ 13.11.2023 © Certifizierungsgesellschaft für Managementsysteme mbH Umweltgutachter Seite 2 von 2 70

Publisher SÜDPACK Holding GmbH Ecoformstr. 1 88416 Erlenmoos | Germany Tel. +49 (0) 73 52 925-01 info@suedpack.com www.suedpack.com