We focus our efforts on increasing the resilience of the business in the face of significant changes at the macro and microeconomic levels. We are committed to approaching business in an ethical way, respecting human rights and adopting fair and transparent business practices. We are committed to maintaining a strong connection with all our stakeholders and have developed policies that guide us towards responsible business development, policies that we have pragmatically integrated into our operations to achieve our strategic objectives. We take on the role of sustainability leaders, using market research to understand changes in consumer perception. Quality of life is influenced by many factors, and we strive to meet the evolving needs of consumers by making our activities more efficient. We identify risks in the market and often convert them into opportunities. To integrate sustainability into our daily activities, the REWE Group has set up an international committee dedicated to this purpose, with designated representatives for each country with specific responsibilities in the field of sustainability. We have also formed a sustainability-focused team at PENNY International, which ensures that the best decisions are made to strengthen our sustainability strategy. Since 2022, this team has been coordinated by the Managing Director of PENNY International, and operates within two international departments: the Purchasing Department, responsible for sustainable products, and the Strategy and Project Management Department, which handles all aspects related to corporate social responsibility. This structure of responsibilities aims to: • Efficient and transparent implementation and communication of initiatives based on PENNY International’s sustainability strategy, aligned with REWE Group objectives. Within PENNY Romania, the following structures ensure sustainability governance at national level: Sustainability Steering Committee Operational Sustainability Committees Sustainability Alignment Forum At a strategic level, the Sustainability Steering Committee as the role of supreme decision-making entity, consisting of: • The 3 Administrators of the company – CEO, CFO, COO (General Managers) • Sustainability Manager • Heads of Food and Non-Food Purchasing Departments The Committee has the following main attributions: • overseeing the development and implementation of the sustainability framework • managing organizational exposure on sustainability topics • Change Management Coordination • making final decisions on sustainability management It meets twice a year to review the status of projects, provide feedback and make decisions on critical sustainability topics. SUSTAINABILITY STEP-BY-STEP CORPORATE GOVERNANCE AND BUSINESS SUSTAINABLE ASSORTMENT ENERGY, CLIMATE AND RESOURCES EMPLOYEES AND SOCIETY INDEX GRI & SASB
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