The following is a list of Osculati’s material issues, together with the impact corresponding to each issue, generated by the Company and its value chain on the environment and people. G O V E R NA NC E H U M A N R E S O U R C E S ETHICS AND INTEGRITY IN THE CONDUCT OF BUSINESS HEALTH AND SAFETY AT WORK TRANSPARENT GOVERNANCE AND RISK MANAGEMENT TRAINING AND SKILLS DEVELOPMENT GR I 2-27, 205-1, 205-3, 206-1 GR I 403 GR I 404-1, 404-2 • Prevention of negative events to the detriment of its stakeholders produced by breaches of regulations and/ or industry best practices or failure to manage risks; • Creation of value for all stakeholders fostered by an appropriate, ethical and transparent governance structure to oversee business processes; • Adverse event caused by the irresponsible conduct or negligent behaviour of Osculati’s employees or other actors due to non-compliance with the organisation’s principles and values; • Instability for employees, customers and suppliers due to unaccountable governance conduct. • Reduction of accidents at work through the organisation’s adherence to the highest quality safety standards and the strengthening of control, prevention and monitoring policies; • Protecting the welfare, health and safety of employees and all individuals whose operations are under the direct control of the organisation (e.g. interims workers, temp orary w ork ers, c ontrac t researc h ers, trainees, interns); • Increase in the number of accidents and occupational diseases due to negligent behaviour on the part of the organisation (e.g. failure to provide adequate PPE or poor maintenance of machinery); • Exposure of workers to avoidable hazards and accidents due to failure to provide adequate safety training and poor employee awareness of workplace hazards; • Failure to prevent and mitigate occupational health and safety risks due to the absence of clear and systematic procedures for reporting and managing accidents and near misses. • Mitigation of potential negative ESG impacts for stakeholders through proper implementation of adequate management systems and appropriate scenario analyses; • Sound and reliable governance with less likelihood of corruption as well as ensuring compliance with environmental, labour and human rights regulations; • Potential damage to stakeholders (e.g. local community and employees) due to adverse events occurring as a result of failure of effective integration of ESG risks within the company’s risk management system; • A lack of adequate ESG risk management can expose the company to environmental or occupational acc id ents. • Employment stability, professional growth and opportunities for each employee to realise their full potential and increase their skills through structured training; • Dissemination of skills and knowledge in the territory and in the communities through the development of human capital and the transmission of the skills of those who have been in the company longer to new generations; • F ail u re to meet emp l oy ees’ ex p ec tations and need s for professional development; • Reduced self-esteem and perceived value of employees due to failure to implement adequate training programmes. Commitment to good corporate governance inspired by the highest standards of ethics, integrity and compliance with laws and regulations. This commitment also includes training staff in the ethical principles adopted and action taken to reduce conflicts of interest. Compliance with occupational health and safety regulations and development of a system for identifying and verifying risks in order to protect workers. Building resilient infrastructures and implementing sound policies aimed at managing ESG risks. Adopting a proactive approach that not only protects against potential negative impacts on ecosystems and communities, but also improves the sustainability and resilience of the industry in the face of climate, social, economic and regulatory changes. Investment in the training of the company’s own human resources, essential for improving their personal and professional skills. A rea S u b j ec t Reference GR I S u b j ec t d esc rip tion A ssoc iated imp ac t 23
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