Monica ȘERBAN Head of Non-Food Buying Department Products We invested more and more in the development of high-quality products made through collaborations with local Romanian producers. We have launched the initiative "100 business ideas for Romania", together with the Academy of Economic Studies in Bucharest, an ambitious approach through which we want to offer Romanians, together with the relevant authorities and the local business environment, as many products as possible with the main ingredient from Romania, processed and packaged in the country. Currently, 100% of the fresh meat (beef, chicken and pork) sold in PENNY stores is in line with the 3RO target. We continue to work responsibly towards this goal so that by the end of 2023 we will reach 60% 3RO products available on the shelf. Additionally, we are happy that many of the goods in lines like the Hanul Boieresc and SuporteRO are becoming more in-demand by our clients and this is why we will continue to expand our private label portfolio. More than half of our food items are of local origin and 87.03% of our suppliers are from Romania. These strategic directions were reflected in both our permanent product range and our in-out promotions throughout 2022. Thus, 28.02% of turnover came from the sale of private label products in 2022. In order to guarantee the safety of private label foods, we implemented 76 Global Food Safety Initiative (GFSI) audits for those items throughout 2022. CORPORATE GOVERNANCE AND BUSINESS SUSTAINABLE ASSORTMENT ENERGY, CLIMATE AND RESOURCES EMPLOYEES AND SOCIETY REPORT ASSURANCE GRI & SASB INDEX
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