SUSTAINABILITY REPORT PENNY ROMANIA 2021 8/168 About the REPORT Purpose of the report We wish to actively contribute to a low-carbon future and provide value to sustainable development goals by the Paris Agreement. The Sustainability Report for 2021 is PENNY Romania's fifth report. You will discover information on the company's sustainability plan, as well as a study of the economic, social, and environmental impact caused by our daily operations, as well as data on our ongoing attempts to reduce this impact. We emphasize our local activities that are part of the REWE Group but are approached strategically and operationally to meet the needs of the Romanian market. Reporting period We report our nonfinancial performance on key aspects of the business, actions and challenges, results, and performance of the organization for the period 1st of January - 31st of December 2021. To capture the progress from 2020 onwards, we used specific reporting indicators at the operational level. We will continue to report data on the nonfinancial performance of PENNY Romania every year. We want to be close to all our stakeholders by applying transparent communication principles. It is of high importance for us to build long-term trust relationships. Area of applicability The report captures the performance of the operations of REWE România SRL and REWE Projektentwicklung România SRL. The company's last sustainability report was the one launched for the financial year 2020. There are no data revisions compared to the previous reporting year. Reporting framework, references and guidelines After detailed research on the applicable standards in the industry, we brought minimal adjustments at the level of the approached material topics, from the perspective of the requirements of the SASB standards. For defining report limits and defining the structure, we focused our attention on the double materiality analysis. This process focuses on the analysis of the relevance of material topics for the business (outside-in perspective) in correlation with the analysis of the social and environmental impact of the organization in the community (inside– out perspective). In chapter 3, further information can be found on the minimal changes made. The report was prepared by representatives of PENNY,with the support of the external consultant qualified in the field sustainability, denkstatt Romania. The report was produced following the SASB reporting frameworks (Sustainability Accounting Standards Board) from the industry specifies Food Retail & Distributor Industry andmethodology proposed by the GRI – Global Reporting Initiative standards and meets the requirements of the Core option. The full list of the standards and indicators belonging to the two reporting frameworks, can be found in the last section of this report, named ”GRI and SASB Index”. Moreover, the report meets applicable national and international legal requirements on non-financial reporting. Understanding the content We want to disclose our economic, social and environmental impact, may it be direct and indirect. It is also important to highlight our performance in numbers, because we measure progress so that we can achieve our assumed targets. Therefore, we created a concise structure with the help of which you can identify more simply and easily aspects of our business, information regarding relevance of material topics, howwemanage impact in the community, our quantitative performance information and last but not least our initiatives thatwill lead to the achievement of the assumed targets. For this youwill find in the report specific icons of interest that have a special meaning. IMPACT EXPLANATION HOWWE MANAGE THE IMPACT OUR IMPACT AND PERFORMANCE IN FIGURES INITIATIVES FOR PROGRESS External assurance We want to be economically successful in the long term and to design our business activities so that they meet the needs of our communities while having a reduced footprint on the environment. To integrate sustainability into the community, well-informed customers are needed. Only such customers will be concerned with this issue and include it in their purchase decision. Hence, our long-term success relies on transparency in reporting our actions. When it comes to reporting the sustainability actions, for us, the term ”assurance” means an external audit, inwhich we evaluate the credibility, accuracy and relevance of our report. The report for 2021 reflects our commitment to the sustainability principles and continuous performance improvement efforts. Therefore, the report was subject to an independent audit of limited assurance, performed by Pricewaterhouse Coopers (PwC), the audited indicators being presented on page 150. CONTENT ABOUT PENNY SUSTAINABILITY STRATEGY SUSTAINABILITY STEP BY STEP SUSTAINABLE ASSORTMENT ENERGY, CLIMATE AND RESOURCES EMPLOYEES AND SOCIETY REPORT ASSURANCE GRI & SASB INDEX
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