LTP Annual Sustainability Performance Report 2023

Our Strategy

Sustainability ladder

Continuously improving

We still work towards continuous improvement as depicted in our sustainability ladder.

Key performance indicators and measurable targets to track progress on strategic priorities

Performance based metrics

Step 1 “Compliance and corporate values” is the base of the ladder since it is a foundation which is essential to successfully build sustainability initiatives and monitor risk – read more in the section “Governance – Unlock transparency”. Step 2 “Certifications” verify our sustainability progress. Upholding certifications provides us with continuous expertise from third party organizations specialized in best practices within different areas of Environment, Social and Governance. Step 3 “Strategic priorities” and Step 4 “Performance based metrics” defined by end 2025 were the result of the 2021 materiality assessment and included topics as “Green House Gas emissions”, “Materials, durability and circularity”, “Living wages”, ”Health & safety at work”, and “Protection of human & labor rights” – topics you can read more about throughout this report.

4

Focus areas where LTP Group has a high ambition level and an ability to drive change

Strategic priorities

3

Certifications

Third party certificates at product and factory level, which attest of the sustainability level and efforts

2

Compliance & Corporate Values

Code of Conduct, core values, internal compliance policies and processes

1

7

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