Purpose of the report As an integrated part of the REWE Group, we define ourselves as a chain of discount stores, committed to promoting a sustainable future. For us, this commitment translates into a low-carbon future, improved customer quality of life, efficient resource management, close supply chain collaborations, pollution mitigation and contributions to the local communities where we operate. We support the Sustainable Development Goals, in line with the commitments set out in the Paris Agreement. The report highlights our local initiatives, which are aligned with the directions of the REWE Group, but are strategically and operationally tailored to suit the particularities of the Romanian market. The purpose of the report is to present in a transparent and accountable way the results of our activities in the financial year 2024, and to reveal our progress and environmental, societal and governance (ESG) impacts. Reporting period Each year we produce and publish our sustainability report for the previous financial year, presenting our non-financial performance, focusing on crucial aspects of the business that reflect the company's economic, social and environmental interests. The Sustainability Report for the 2024 fiscal year marks the seventh edition published by our company and includes details about our sustainability strategy, as well as an assessment of the economic, social and environmental impact resulting from our daily activities. Area of application The financial performance of both companies, REWE (Romania) S.R.L. and REWE Projektentwicklung Romania S.R.L.*, is detailed in the current report, while operational performance is presented only for REWE (Romania) S.R.L., as it is the only entity with employees. The reference year for our sustainability strategy is 2019, which serves as the baseline for our CO₂ emission reduction targets. Energy and climate-related objectives are set considering the benefits of using electricity from renewable sources. By 2020 (reference year 2019), the Austrian Environment Agency (Umweltbundesamt) implemented the climate balance calculation. In 2021, another entity was assigned this task. Certain methodological details that no longer aligned with current standards were adjusted accordingly. However, the calculation and presentation of results were designed to remain as comparable as possible. In 2021, REWE International (including PENNY Romania) set a new climate target for 2030 and 2040. In 2024, the entire REWE Group also committed itself to setting net-zero targets in accordance with SBTi standards, in alignment with limiting global warming to 1.5ºC. Therefore, the reference year 2019 is highly relevant and was recalculated. Compatibility with previous years became less important than ensuring the calculation method is suitable for monitoring the climate target. Consequently, the method was revised, and both 2019 and 2020 were recalculated. This year, a new entity was contracted to calculate the climate balance, so to maintain comparability, data for 2021 and 2022 were recalculated along with the 2023 figures. Additionally, following the review of data and the completion of internal reporting processes for the operational year, the values reported in the previous sustainability report were updated for certain indicators, which are marked in this report with the specific symbol . About the REPORT * REWE PROJEKTENTWICKLUNG ROMÂNIA S.R.L. does not have any employees MESSAGE FROM THE GENERAL MANAGEMENT SUSTAINABILITY STRATEGY AND GOVERNANCE ABOUT US AND OUR VALUE CHAIN ABOUT THE REPORT THE FUTURE IS MADE TODAY SUSTAINABILITY MILESTONES SUSTAINABILITY REPORT PENNY ROMANIA 2024 10/276 ABOUT THE REPORT
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