BERLUCCHI SUSTAINABILITY REPORT - 2021

OUR STORY IN THE MAKING ACCOUNTABLE BY NATURE

STEWARDS OF THE LAND

TREASURE TROVE OF TALENTS

BUILDING RELATIONSHIPS

Materiality analysis

The materiality analysis is the basis for the preparation of the Sustainability Report. This process is used to iden- tify, prioritise and update material topics, i.e. the relevant topics to be disclosed in the Sustainability Report. We conducted our first materiality analysis in 2020 for the preparation of the first Sustainability Report cov - ering 2019; we then reviewed and updated it in 2021.

PREPARATION PROCESS

We redefined our sustainability strategy, taking into account the increasingly urgent challenges of our time and conducting

a comprehensive analysis of the main megatrends affecting our business.

1 We identified the relevant topics, by analysing benchmarks, global sustainability trends, industry and media pressures, and then updated the potentially relevant sustainability themes in the food and wine sector (the report drafting process contains details of the analyses carried out)

2 We prioritised the topics by assessing their relevance to us and to our stakeholders

We assessed relevance to our stakeholders, i.e. topics that can substantially influence their assessment and decisions, on the basis of internal analyses and interviews with relevant people to identify the views of our key stakeholders. We assessed relevance to us, i.e. the impact we have or could have on sustainability topics by analysing our strategic in-house documentation and mapping our business priorities, focusing in particular on the Sus- tainability Plan we are currently preparing, to be implemented through to 2025. After that, the Strategic Sus- tainability Committee mapped and prioritised the topics that were found to be relevant and approved the materiality matrix.

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