Into the future - sustainability presentation

Selenis Sustainability Presentation Rev. 12/2024

This presentation and its contents are confidential and proprietary to Selenis, and no part of it or its subject matter may be reproduced, redistributed, passed on, or the contents otherwise divulged, directly or indirectly, to any person or published in whole or in part for any purpose without the prior written consent of Selenis. If this presentation has been received in error it must be returned immediately to Selenis.

This presentation has been prepared by Selenis and is general background information about the company's activities at the date of this presentation. The information in this presentation is provided in summary form only and does not purport to be complete.

December 2024

www.selenis.com

Contents

Our company

Transforming circularity

Accelerating decarbonization 26 Our road to carbon neutrality by 2050  27 Our commitment to SBTI 28 Our 2023 carbon footprint 29 Life cycle assessment 30 Efficient energy management 31 Renewis 32 Transition to renewable energy 33 Water management 34 Waste management 35 Business Coalition 36 Addressing the microplastic challenge 37 Operation Clean Sweep® 38 Beach clean-ups 39 adaPETation® 41 adaPETation® PET Heroes 42 Combating deforestation 43 Reforestation 44 ISO 14001:2015 45 Accelerating decarbonization

Driving positive social impact

Empowering integrity Empowering integrity Employee wellbeing  Safety as our priority Investing in our employees

Our company

4 5 6

Transforming circularity

10 13 14 15 16

Driving positive social impact Scope and activities for 2025

46 47 48

54 55 56 57 58 59 60 61 62 63 64

Growing our business Sustainable operations

Our advanced recycling process Benefits of advanced recycling

Goals and action lines

Committed to a flourishing society

7

Eco resins

Social impact 49 Education & environmental awareness 50 Sol Pacífico & Selenis partnership 51 Recycling heroes 52 Empowering waste collectors 53

Looking ahead

8 9

Comparing virgin and recycled PET

Diversity & inclusion

Impact-driven regeneration

Our source of PCR 17 Our Clear resins with full traceability  18 Textile-to-textile recycling 19 Circular economy resins 20 Recyclable PETG shrink sleeves 21 Innovation 22 Bio resins 23 Bio-MEG 24 Advantages of UPM’s BioPura™ bioMEG 25

IMG for All

Supporting families

Ethical business management

Company governance

Supply chain management Aligned with the UN agenda

Our company

Our products will be the building blocks of necessities of everyday life that will lead to the regeneration of our ecosystems. Vision Employ our profound knowledge of polymers, formulations, and processing, to partner with our customers in developing future-fit solutions and commit to create opportunities: • for our people to prosper and our company to attract the best talent; • for society to thrive; • for our industry to become regenerative; • and for our ecosystems to be balanced and healthy. Mission

Values

Goodness Doing right by our people and society. Seeking not only to cause less harm, but also more good.

Make it happen We are leaders in creating innovation, value propositions, and high- quality services.

Adaptability We create customised packaging solutions, in tune with the times, being flexible and resilient.

Collaboration Engaging with and beyond our teams as we develop symbiotic partnerships and strengthen relationships with stakeholders toward the healthy evolution of our industry.

Regeneration Protecting, restoring and nurturing the ecosystems and communities where we operate and serve.

Greatness Our performance

exceeds expectations for our customers and employees.

4

Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Growing our business

reaching +84M€ Americas 17% Europe 81% Rest of the world 2%

198 active clients in 44 countries

+9% increase in net production

176 global team members

years pioneering PET solutions

+10% vs 2022

5

Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Sustainable operations

26% recycled content utilised in our Group

ISO 45001 certification in Selenis Portugal

EcoVadis silver medal at Selenis Portugal

Carbon Neutral by 2050

-2% carbon intensity vs 2021

100% of sites adopted

-10% energy intensity vs 2021

77% electricity from renewable sources

-23% water intensity vs 2021

18% renewable energy

methodology

10 industry association memberships

-18% accidents vs 2021

-47% accidents frequency rate vs 2021

-81% accidents severity rate vs 2021

32 hours training per employee

6

Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Committed to a flourishing society 31 social organisations and initiatives supported

at least 3,095 people directly benefited from our social impact program

Environmental awareness and education 1,807 children received environmental education

14 schools participated in our program

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Looking ahead

Goals achieved in 2023

Goals for 2050

Goals that are in progress

• Developed bio PET and PETG resins • 18% renewable energy • 77% renewable electricity • LCA calculated for all product families • Launch of Selcare® brand for healthcare

• Improvement of our chemical recycling process • Develop goals on emission reduction targets in line with Science Based Targets initiative • Reduce carbon footprint of our products • Target 70% inclusion of recycled content in our products • Supply resins recyclable in RIC1 recycling stream for all markets • Increase our portfolio of bio resins

• Become carbon neutral • Be energy self-sufficient

• 100% of our energy from renewable sources • Our portfolio will include 100% bio-based resins • 100% of our products will be recycled

• 2% reduction in carbon intensity • 10% reduction in energy intensity • 23% reduction in water intensity • Selenis Portugal awarded silver rating by EcoVadis • ISO 45001 certification at Selenis Portugal

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Impact-driven regeneration Strategic priority actions for impact

Transforming circularity Redesigning products for full recyclability and advancing the use of post-consumer and post- industrial content to close the loop. Expanding partnerships and innovation in advanced recycling to create truly circular materials.

Accelerating decarbonization Scaling renewable energy use and driving carbon intensity reductions across all operations. Aligning with the Science-Based Targets initiative (SBTi) to achieve carbon neutrality through energy efficiency, low- emission raw material and clean technologies. Driving positive social impact Regenerating the wellbeing of the planet, individuals, and communities through nature restoration, education, awareness, employment, and research. Paving the way for a just transition to circularity by enhancing social benefits and safeguarding human rights, especially for those engaged in waste collection.

Innovation

Empowering integrity Ensuring transparent governance and ethical business practices through rigorous reporting and stakeholder engagement. Upholding the highest standards of integrity by promoting responsible sourcing and sustainable supply chain management. Empowering our employees through continuous professional development, fostering a culture of inclusivity, and encouraging their active participation in sustainability initiatives, ensuring that their voices and wellbeing are integral to our mission.

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Transforming circularity

Selenis is committed to supplying products that increase recyclability and circularity, supporting the creation of closed-loop production systems, and the design of products that are made to be recycled. This approach optimises resource use, emphasising recycling over virgin materials, and reducing waste generation and greenhouse gas emissions, ultimately extending product lifespan.

Embracing circular economy practices not only ensures compliance with regulations but also positions Selenis as a leader in sustainable business practices. This strategic alignment with regulatory requirements and broader sustainability goals enhances our long-term viability and competitiveness in the market. Circularity is fundamental to our company's future and our industry's environmental responsibility.

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Our pledge for the planet. Selenis targets 70% recycled content and 100% recyclability of our products.

“In our industry, transitioning towards a circular economy is imperative to mitigate environmental impact and promote sustainability. Central to this shift is the adoption of easily recyclable designs and the inclusion of post-consumer recycled content. Designing products with recyclability in mind ensures that materials can be easily sorted, processed, and reused at the end of their life cycle, thus reducing waste. Moreover, incorporating recycled content helps to close the loop by giving new life to existing resources and, hence, decrease the reliance on virgin materials. Embracing these principles not only aligns with environmental goals but also presents economic opportunities by creating a more resilient and resource-efficient industry. By committing to a circular economy, both Selenis and the sector can pave the way for a more sustainable future.”

Duarte Matos Gil Chief Executive Officer

View press releases: - spnews.com/one-giant-step-for-the-circular-economy - www.plasticsnews.com/news/selenis-increases-supplies-recycled-content-petg-resins

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Advanced recycling

Leading the way with a revolutionary technology. Advanced recycling at Selenis upcycles waste into new polymers with the highest value and no performance tradeoffs. At Selenis we create an infinite ability to recycle waste into ”new” raw material.

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Our advanced recycling process

From waste to new life

The Selenis process recovers monomers through advanced recycling. Glycolysis is used to break-up PET waste and reduce it to its polymer building blocks — called monomers. Next, they are reintroduced to the value chain as recycled polyester raw materials.

Selenis’ advanced recycling process

Collection

Disposed PET

What is unique about Selenis breaking-through technology is that we combine the recycled PET with virgin raw material at specific dosages, according to production throughput and desired percentage of recycled content, resulting in the production of new polyesters with high levels of PCR.

Selenis current PCR production is initially supplied by Renascis, our recycling company. During a first stage, Renascis mechanically recycles PET waste flakes, advancing then into a glycolysis process. Glycolysis is used to break-up PET waste and reduce it to its monomer building blocks. During the final stage, after esterification and the polymerisation process our Eco resins are obtained, incorporating chemical recycled content.

New consumer products

PCR + virgin raw material

Eco resins

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Benefits of advanced recycling

Superior efficiency Removal of solid contaminants during transfer of the monomer between the esterifier and the polymer autoclave with higher efficiency than mechanical recycling due to low melt viscosity of the monomer.

Extraction of most volatile contaminants During the polycondensation process, that takes place in the polymer autoclave. In the course of the melt phase, the batch is submitted to a high vacuum level, below 1 mbara, for a significant period of time.

Improved properties Final products have better overall properties when compared to mechanical recycling and no thermal history.

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Eco resins

Benefits of making your products with Eco resins

Our Eco resins include up to 70% post- consumer advanced recycled content , an answer for brand owners looking to maintain aesthetics and complete functionality in processing whilst reducing consumption of virgin materials.

Enable brand owners to achieve commitments on recycled content

Meet 2030 target of at least 30% recycled content

Selenis Eco resins contain PCR content certified by RecyClass .

Reduction of carbon footprint, supporting companies with decarbonization goals

Decrease overall energy consumption for manufacturing new products

After reaching 50% of advanced recycled post-consumer content across all resins, Selenis targets a 70% certification for the next year.

Ultimately support a circular economy

Read more: www.plasticsnews.com/one-good-resin/selenis-renews-recycled-content-tracing-certification

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Comparing virgin and recycled PET

Life cycle analyses have examined energy requirements and environmental impacts of producing both recycled PET (rPET) and new, virgin material. Results show that the production of rPET pellets has significantly better results for the environment than that of virgin materials in almost every impact category measured. The life cycle studies help to quantify the environmental benefit that comes from recycling PET.

Greenhouse gas emissions decreased with rPET content

Environmental savings recycled PET vs. virgin PET

100%

1000

80%

Total energy demand (MMBtu) Process and transport energy (MMBtu)

800

60%

Water (gallons) Solid waste (lbs)

600

40%

Global warming potential, CO 2 equivalent (kg) Acidification potential, SO 2 equivalent (kg) Eutriphication potential, N equivalent (kg) Photochemical smog formation potential, O 3 equivalent (kg)

20%

400

0%

200

-20%

0

10% rPET

0% rPET

25% rPET 50% rPET

-40%

Information provided by NAPCOR from the studies Cradle-to-resin life cycle analysis of polyethylene terephthalate resin (March, 2020) and Life cycle impacts for postconsumer recycled resins: PET HDPE, and PP (December, 2018). All data sources may be found at www.napcor.com/sustainability/life-cycle-analysis.

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Our source of PCR

Unique advantages of an on-site, vertically integrated, recycling company – Renascis.

• Guaranteed supply of PET flake • Avoids GHG transport emissions of primary raw material • Lower carbon footprint • Control quality of PET flake

Renascis recovers a volume of bottle bales equivalent to more than 50% of post-consumer PET bottles of the Portuguese waste stream.

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Clear resins - recycled content with full traceability

Selenis is committed to creating innovative polyester solutions that address the growing demand for recyclability and eco-efficiency.

Clear resins — produced with up to 100% mass-balanced recycled content , certified to the ISCC Plus standard, offer a transparent and sustainable solution. The ISCC Plus certification ensures that the recycled content is used throughout the supply chain, as all involved players during the process must be equally certified.

Selenis Portugal obtained the ISCC Plus certification for the first time in 2023, certifying our Clear resins with recycled content using mass balance allocation. Mass balance measures and tracks recycled inputs and outputs, allowing our clients to report the percentage of recycled content allocated to their products. By certifying to the ISCC PLUS standard, a globally recognised certification system, Selenis provides transparency to track certified recycled content throughout the value chain.

• Facilitates traceability of recycled materials along the value chain • Promotes transparent use of recycled plastic in new products • Reinforces reliable and verifiable claims on recycled plastic • Increases trust among consumers Benefits of the ISCC Plus certification

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Selenis is leading innovation in textile-to-textile recycling

Textile industry & PET consumption • The textile and apparel industry uses 90% of annual PET production. • Less than half of used clothes are collected forrecycling, and only 1% is recycled into new garments. Selenis' role in the future of textiles • Provide a solution to close the loop and support environmental wellbeing • With a history in the sector and through strong partnerships, we’re committed to recycling post-consumer garments and mitigating the harm of fast fashion. Alignment with industry trends • Textile industry stakeholders are becoming more mindful of their ecological footprint and waste. • Selenis actively collaborates with manufacturers, sorters, recyclers, and yarn spinners. • Our value proposition is gaining attention, positioning Selenis as a key player in closing the loop on textile waste.

The textile industry has recognised Selenis value proposition, leading to several partnerships and a consortium - pioneering initiatives set to shape the future of the textile industry.

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Our collaborative approach to advancing circularity in textiles

Life Politex¹

Syre 3 Selenis has partnered with Syre to establish a textile-to-textile recycling facility in Cedar Creek, North Carolina, which is expected to be operational by mid-2025. The facility will integrate advanced recycling technologies, combining depolymerization and polymerization processes for industrial-scale recycling of polyester textiles, with a strong focus on sustainability. This initiative seeks to significantly reduce CO2 emissions and serve as a model for future global expansion of textile recycling.

Selenis participates in the Life Politex project, with the aim of establishing the first industrial pilot plant for fiber-to-fiber recycling, focused on full circularity in polyester production. The project implements a comprehensive recycling process, including textile waste collection, mechanical recycling, chemical depolymerization and polymerization to create new polyester fibers, which can be reintegrated into textile production. Life Politex seeks to reduce landfill waste and incineration of polyester textiles by advancing recycling technologies that transform textile waste into new materials, contributing to a sustainable circular economy.

Circ²

Selenis has successfully produced high-quality recycled PET (rPET) chips from Circ’s recovered terephthalic acid using polycotton textile waste at a pilot plant in Italy, with plans to continue the collaboration and support Circ’s industrial production. The partnership demonstrates the effectiveness of Circ’s monomer synthesis, matching the quality of virgin monomers, and is aligned with Selenis’ goals to reduce plastic waste and carbon footprint by transforming textile waste into new products. This initiative highlights the potential of innovative recycling technologies to address industry challenges, in particular the separation and recovery of polycotton blended textile materials.

1 Life Politex 2 Circ 3 Syre

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Circular economy resins

Devoted to playing a role in society’s collective response to the plastic waste challenge, we centre our innovation in developing circular solutions. CE resins are fully recyclable in the PET, RIC 1 recycling stream. Selenis significantly invests on our innovation team to accelerate the closing of the loop, focusing on improving our time-to-market and most importantly, giving back to our global community. For Selenis, achieving recyclability certifications by third party entities strengthens our commitment to sustainability and validates the quality of our recyclable portfolio. This is a way to make sure that our products align with the principles of the circular economy and encourages the adoption of sustainable practices throughout the industry.

Our R&D team has been adjusting our recipes so that all our resins are fully recyclable in the PET, RIC1 recycling stream.

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Impact story — Selenis & Magnomer deliver recyclable PETG shrink sleeves through an innovative partnership

• Magnetizable coatings allow PETG label flakes to be magnetically separated, improving rPET purity and recycling efficiency. • Compatible with existing recycling infrastructure and validated at commercial scale. • Recognised by How2Recycle, APR, and the U.S. Plastics Pact. • Sustainable & scalable solution • Easily applied via standard printing methods; provides brands with an immediately available, scalable solution to enhance packaging recyclability. • Partnership supports circular economy goals by reducing problematic materials and enabling global implementation in Europe and North America.

View press release: - www.petnology.com/online/news-detail/selenis-and-magnomer-deliver-recyclable-petg-shrink- sleeves-through-an-innovative-partnership

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Innovation Selenis' ethos lies in a commitment to advancing innovation that minimises environmental impact. By prioritising research and development and working in a collaborative way with both customers and suppliers we collectively seeks reduce our carbon footprint and promote resource efficiency. Our C-Level Product Development Committee creates prioritises and discusses all projects related to the development of new products and enhancement of our current product portfolio. The primarily focus of the Committee is to:

• Accelerate decision making and unlock growth avenues within the business • Provide transversal guidance through market research, industry analysis and macro-economic events Underpinning our processes are Selenis' quality and technical team are more product oriented: supporting project specifications, assuring product functionality, unlocking potential bottlenecks that arise from production and providing a technical and operational point of view.

“Innovation lies at the heart of our commitment to clients. Through continuous product development, we strive to ensure that our offering aligns with evolving consumer preferences and regulatory requirements. A key aspect of our innovation strategy is the constant improvement of our products, enhancing durability, performance, and functionality. Moreover, we place emphasis on promoting recyclability, by focusing on designs that facilitate recycling, and the use of recycled content in our products, contributing to the circular economy. In that line, we are also dedicated to exploring the potential of bio-based components, leveraging sustainable alternatives to traditional fuel-based resins. Through innovation, we are not only driving increased customer satisfaction but also advancing towards a more sustainable and resilient future.”

Eduardo Santos Head of Corporate Strategy

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Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Bio resins

In line with our vision to decrease the industry's dependency on fossil materials, we have developed PET and PETG resins with up to 30% of bio-based content (bio-MEG) resulting in a LCA reduction.

The annual growth of bio-based polymers is 17 % , significantly higher than the overall growth of polymers (2–3%) – this is expected to continue until 2028. The most important driver in 2023 were global brands adapting their strategy to transition polymers,

plastics, and chemicals industry to become climate-friendly and part of the circular economy, thus offering customers environmentally friendly alternatives to petrochemical products.

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Bio-MEG

UPM BIOCHEMICALS

In line with our vision to decrease the industry’s dependency on virgin fossil materials Selenis partnered with UPM to develop bio-based PET and PETG resins. UPM produces more sustainable, renewable MEG and MPG made from locally sourced and invariably certified wood in Germany. UPM extracts sugars from wood, through enzymatic hydrolysis and leverages said ingredient to produce Bio-MEG. The figure below perfectly depicts UPM’s Bio-MEG supply chain.

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Advantages of UPM’s BioPura™ bioMEG

The partnership: Bio PET/PETG

Utilising UPM’s Bio-MEG as feedstock, Selenis developed bio­ based PET and PETG resins, in line with our vision to decrease the industry’s dependency on virgin fossil materials and to drive towards a net zero circular economy. These resins have been utilised in applications for the cosmetics and pharma sectors. The intent is to continue developing the fruitful relationship in 2024, and to develop Bio PET and Bio PETG resins for a plethora of other final applications. Carbon footprint Fossil PET vs. partial bioPET¹

Sustainable Drop-In Solution! UPM renewable glycols have exactly the same high quality properties as current, fossil- based glycols. They can be integrated in existing production processes and work in all existing recycling processes - a true drop-in- solution with improved sustainability as value add.

2 nd generation feedstock Industrial hardwood residues from sustainably managed and certified (FSC/PEFC) forests, which today are mostly burned, are the source of renewable carbon in UPM’s glycols.

3.8

-32%

Up to 1.2Kg saving

3.8 1.0

Towards Zero CO₂ Footprint! UPM BioPura™ bioMEG has a negative cradle-to-gate carbon footprint. It is based on a third-party validated LCA according to ISO 14040 and ISO 14044, considering the biogenic carbon from their raw material. This enables a significant improvement in any PET/PETG CO₂ footprint, bringing it closer to net zero.

Local value chain UPM glycols are produced in Germany, for regional value chains, ensuring maximum supply security, a water-proof chain of custody and proximity to the European chemical industry.

2.6

GWP [kg CO₂ eq / kg PET]

2.3

Process

2.3

PTA MEG

0.5

0.4

-0.1

Fossil PET

Partial bioPET UPM MEG

¹ Based on biogenic carbon uptake of our feedstock and buying 100% green electricity for production.

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Selenis envisions a world where resilience and environmental sustainability give way to emergence and regeneration. This is the reason why we have ambitious environmental goals: Accelerating decarbonization

Assess, manage and reduce the impact of our products along their life cycle

Neutralise the impact of our environmental footprint and be a company fueled by clean, renewable energy

Treat bioregions and ecosystems with the highest respect, doing our best to leave only a positive trace

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Our road to carbon neutrality by 2050

Increase recycled content utilisation We target reaching 50% PCR content in our resins by 2025.. Each unit of recycled PET that replaces virgin results in 75% lower energy demand and 60% reduction in greenhouse gas emissions 1 .

Research regenerative raw materials Such as bio-based alternatives. Some raw materials do not generate the same amount of greenhouse

Improve energy efficiency Continuous improvement in

Lead reforestation projects Even though reducing is our first option, Selenis will mitigate remaining emissions by leading and investing

Expand our renewable energy sources Our company will reduce our carbon footprint by transitioning to renewable energy sources. This will reduce the amount of greenhouse gas emissions associated with the production of PET products.

energy efficiency in our operations, as we are already using more energy-efficient equipment and processes. Ongoing investigation of the potential of carbon capturing technologies.

gas emissions as traditional ones.

in reforestation, afforestation and

other projects that will increase the absorption of carbon from the atmosphere.

It's important to note that reaching carbon neutrality will require a combination of all these actions and will likely also require significant investment in new technologies and processes. Collaboration with suppliers, clients, NGOs, governments, and other stakeholders is paramount to success of these strategies.

1 Information provided by NAPCOR from the studies Cradle-to-resin life cycle analysis of polyethylene terephthalate resin (March, 2020) and Life cycle impacts for postconsumer recycled resins: PET HDPE, and PP (December, 2018). All data sources may be found at www.napcor.com/sustainability/life-cycle-analysis.

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Our commitment to Science Based Targets Initiative (SBTi)

Selenis decarbonisation pathway

Assessment

Carbon emissions evaluation and identification of areas where reductions can be made.

What is SBTi?

Target setting

Set specific targets for reducing greenhouse gas emissions which should align with the SBTi recommendations to limit global warming below 2ºC.

A globally recognized framework that guides companies in setting emissions reduction targets in line with climate science.

Why we joined?

Planning

Development of detailed plans on how to achieve our emission reduction goals.

To urgently align our business with the Paris Agreement’s ambitious target of limiting global warming to 1.5°C. We are committed to reducing emissions swiftly and decisively, setting a new standard for environmental accountability.

Implementation Decarbonisation plans into action which involves making changes to operations, investing in new technologies, or engaging with stakeholders to drive sustainable practices throughout the supply chain.

How we get there?

Partnering with a world-class consultancy to develop a robust decarbonization strategy. Their expertise helps ensure our approach is scientifically rigorous and aligned with best practices.

Monitoring and reporting

Progress monitorisation towards our emission reduction targets allowing to track performance, identify areas of improvement and demonstrate transparency.

Our commitment

Setting ambitious targets that are grounded in science to contribute to meaningful climate action.

Review and adjustment

Adjustment of targets based on changing circumstances, emerging technologies or new regulatory requirements.

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Our company

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Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Our 2023 carbon footprint

Scope 2 Indirect sources

Scope 1 Direct sources

Scope 3 Upstream & downstream sources

2% 12% 86% of total emissions of total emissions of total emissions

2% decrease in carbon intensity vs. 2022 (baseline year)

ELECTRIC_BOLT Purchased

PAID Purchased goods, services and capital goods DELETE Waste generated in operations LOCAL_SHIPPING Transportation and distribution

FACTORY Production plants DIRECTIONS_CAR Company vehicles APARTMENT Company facilities

electricity, steam, heating & cooling for own use

FLIGHT_TAKEOFF Business travel and employee commuting

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Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Life cycle assessment

Methodology • SimaPro software 9.3.03 and Ecoinvent 3.10 database • System boundary Cradle-to-gate includes: • Raw materials • Energy

• Water • Waste • Raw materials transport

“In 2023 we performed a Life Cycle Assessment for all our product families. This analysis is essential for understanding and mitigating the environmental impacts of our resins. It empowers us to make informed decisions by revealing hotspots in our processes, driving sustainability improvements, and helping us achieve regulatory compliance. Furthermore, LCA enhances our competitive edge, supports sustainable product design, and reinforces our commitment to corporate social responsibility by providing transparent and credible data for environmental reporting."

Our approach

Inputs (e.g. raw materials, fuel electricity, water)

Raw material acquisition

Material processing

End of life

Manufacturing

Use

Gonçalo Ribeiro Selenis LCA Specialist

Outputs (e.g. social waste, emissions, waste water, hazardous waste)

Cradle-to-gate LCA

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Empowering integrity

Efficient energy management

In 2023 we achieved a decrease of 10% in energy intensity, versus our 2021 baseline year, thanks to increased production and the implementation of efficiency measures.

These measures included enhancing thermal insulation, addressing steam leaks, and renewing equipment with more efficient models.

Energy intensity is different in each production site due to their different processes and products. In Portugal we have a batch production system and vacuum is produced with steam. In Italy our production is both batch and semi-continuous and vacuum is done by electric vacuum pumps (less energy intensive compared to steam ones).

10% decrease in energy intensity vs. 2021 (baseline year)

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Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Renewis

By utilising clean energy and bio raw materials, combined with optimising reforestation, we will help drive a carbon-neutral PET industry. Through regenerative research and investments, we support business to realise decarbonisation strategies, leveraging our three business lines of: renewable energy, reforestation, and bio-based materials. Core business Mission

Vision

A future where the PET industry is regenerative and carbon-neutral.

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Transition to renewable energy

Renewis - our sister company - provides clean energy to our Portugese and Italian production facilities through on-site solar parks.. Our renewable energy plan is to roll out this strategy to all our production sites as part of our goal of reaching 100% renewable energy by 2050. In 2023, we achieved a significant milestone by sourcing 77% of our electricity from renewable sources. This milestone surpasses our target to source 50% of our electricity from renewable sources by 2025.

18% renewable energy 77% of electricity from renewable sources

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Water management

We comprehensively assess environmental impacts, encompassing water usage, pollution prevention, and conservation efforts.

This entails scrutinising operational water use and potential risks like pollution and scarcity. Based on this evaluation, Selenis sets objectives to enhance environmental performance, and drive water stewardship.

Selenis monitors environmental performance, tracking water consumption and wastewater discharge volumes while adhering to water quality standards.

The standard fosters a culture of continual improvement, prompting regular reviews to identify and rectify deficiencies in water management practices.

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Waste management

Our environmental management system provides a comprehensive framework for integrating waste management considerations into our business. ISO 14001 helps support our efforts to minimise waste, maximise resource efficiency, and promote the reuse and recycling of materials throughout our operations.

Selenis has proudly endorsed the Business Coalition for a Global Plastics Treaty. This international initiative seeks to address the urgent issue of plastic pollution by establishing a comprehensive framework for its reduction and proper management on a global scale.

Waste management highlights

88%

31%

of our waste is diverted from landfill

of our waste is non-hazardous

Total waste is only 2% of our net production

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Business Coalition for a Global Plastics Treaty

A global solution to a global problem Selenis is a proud endorser of the Business Coalition for a Global Plastics Treaty. Convened by the Ellen MacArthur Foundation and WWF and supported by more than 170 businesses across the plastics value chain, financial institutions and NGO partners.

Our vision is a circular economy in which plastics never become waste or pollution, and the value of products and materials is retained in the economy. To achieve our vision of a circular economy for plastic, we believe that progress must be achieved in three critical areas:

Reduction

of plastic production and use through a circular economy approach, focusing on those plastics that have high-leakage rates, are short-lived, and/or are made using fossil-based virgin resources.

Circulation of all plastic items that cannot be eliminated, keeping them in the economy at their highest value.

Prevention & Remediation

of remaining, hard-to-abate micro and macroplastic leakage into the environment, including robust waste management practices and tackling legacy pollution.

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Transforming circularity

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Addressing the microplastic challenge

The presence of microplastics in our environment has emerged as a critical global concern. These tiny plastic particles, measuring less than five millimeters in size, are ubiquitous in our oceans, freshwater systems and soil. Addressing this issue requires a comprehensive and collaborative approach and our industry must develop innovative solutions aimed at mitigating microplastic pollution. Operation Clean Sweep® (OCS) is a global initiative led by the plastics industry to reduce the potential for microplastic pollution in our waterways and environment. All Selenis production sites have pledged our dedication to environmental stewardship by becoming a member of the OCS program and implementing the OCS Pledge's foundational strategies to prevent and mitigate resin loss.

Plastic free Venice Sampling along 40-meter perpendicular to the shore, with subsequent flotation, sedimentation, and cascading filtration to collect retentates. In the laboratory, these retentates will be filtered, biotic organic matter will be digested, and samples observed, classified, and analyzed using FTIR for polymer identification. This project is being developed in collaboration with the Plastic free Venice non for-profit organization and the Technical and Technological Institute (ITT) Montani of Fermo, the oldest in Italy and will conclude with the preparation of detailed written and graphical documentation. Plastics Pact Mexico Participated in the Nayarit beach clean-up, which involved characterization of collected plastics and identification of the 10 most harmful and unnecessary plastics in Mexico. The results of the collected data will determine next steps in addressing ocean plastic pollution in Mexico.

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Operation Clean Sweep®

In 2021, Selenis signed the Operation Clean Sweep®1 pledge, and recognised the importance of preventing spillages into the environment and committed to the following six actions:

1 Improve worksite set-up to prevent and address spills 2 Create and publish internal procedures to achieve zero industrial plastic material loss 3 Provide employee training and accountability for spill prevention, containment, clean-up and disposal 4 Audit performance regularly 5 Comply with all applicable state and local regulations governing industrial plastics containment 6 Build partnership: encourage partners (contractors, transporters, distributors, etc.) to pursue the same goals

100% of our sites adopted the methodology

1https://opcleansweep.org/

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Transforming circularity

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Empowering integrity

Beach clean-ups

Selenis partners with local NGO’s to organise regular beach clean- ups with children to encourage stewardship and volunteerism along the coastlines, getting the younger generation involved in cleaning marine debris whilst promoting environmental awareness.

FUNDACIÓN

COMPROMETIDOS CON EL MEDIO AMBIENTE

Sponsorship of regular beach clean-ups along the coastline of the state of Jalisco, Mexico, organised with more than 220 students from local schools. To increase engagement, children who participate are rewarded with surf lessons to make the occasion a memorable and positive event.

Two beach clean-ups organised per month in the Isle of Mozambique. +45 children and youth from vulnerable backgrounds and 6 adults participate. The amount of trash collected in each of the beach clean ups is +70 kg of trash collected in each beach-cleanup, cleaning an area of approximately half a kilometer.

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

In nature there's no such thing as waste. Only resources in the wrong place.

Our role in shifting to a waste-free world Move from a "take-make-waste" economic model to a circular world by sharing knowledge with consumers so they can make fact-based purchasing decisions and manage waste responsibly. Our mission is to give consumers information that empowers them to use recycling infrastructures correctly. Through education we can achieve the best end-of-use for PET.

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Transforming circularity

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adaPETation®

®

"BRINGING SOLUTIONS TOGETHER"

adaPETation.net aims to become the first regenerative network within the PET industry that seeks, promotes and powers the best solutions to systemic issues surrounding plastic. By bringing solutions together and making them more available to all, we aim to expand our collective capacity for innovation and ultimately protect and restore land and water ecosystems. We invite the industry to grow a multi-stakeholder ecosystem that supports a wide diversity of solutions/dreams and develops a profound understanding of PET, polymers and their role in the creation of a better future.

Follow us:

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

adaPETation® PET Heroes initiative: driving plastic circularity for a sustainable future

In the second PET Heroes edition, adaPETation® proudly featured twelve remarkable individuals who are pioneering innovative solutions to tackle the global plastic waste challenge. These individuals represent a diverse range of initiatives spanning different regions and sectors, all united by their dedication to creating a greener and more sustainable future for all. The nominees showcased in the PET Heroes award demonstrate the immense potential of leveraging plastic waste as a resource for positive change. Moving forward, adaPETation® remains committed to supporting and amplifying the efforts of these PET Heroes and others like them, as we continue our journey towards a world where plastic waste is no longer a problem, but a part of the solution.

The PET Heroes award is an indication of adaPETation®’s commitment in recognising and rewarding exceptional individuals who are at the forefront of driving plastic circularity. Through this award, adaPETation® aims to bring these outstanding individuals into the spotlight, providing them with the recognition and support necessary to further develop their initiatives.

Ruben Hazelzet Captain Fanplastic Educating on plastic waste for sustainability.

Siddharth Hande Sabarimala Connect Revolutionising waste management in India.

Cordie Aziz-Nash Environment 360 Empowering Ghana with waste-to-wealth solutions.

Dian Kurniawati Tridi Oasis Pioneering recycling innovation in Indonesia.

Reiten Cheng Polyformer Transforming PET bottles into 3D printing filament.

Keiran Smith Mr. Green Africa Leading sustainable waste management in Kenya.

Rodrigo Eidy Uemura Litro de Luz Illuminating lives in Brazil through sustainable solutions.

Nano Morante Plastic People Advancing sustainable design in Vietnam.

Marta Uetela Biomec Creating prosthetics from recycled plastics.

Khalil Radi Buy food with plastic Fighting hunger and pollution simultaneously.

Peter Muthaura Human Needs Project Redefining access to basic services in informal settlements.

Chioma Ukonu RecyclePoints Pioneering waste recycling in Nigeria.

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Our company

Transforming circularity

Accelerating decarbonisation

Driving positive social impact

Empowering integrity

Combating deforestation and restoring biodiversity

Our sister-company Renewis Nature takes various measures to make sure that we have a positive impact on forests as we believe that their protection is essential to ensuring the sustainability of ecosystems, protecting biodiversity, and combating climate change. Our commitment to combating deforestation involves a comprehensive and multi-tiered approach, from encompassing policy development and operational practices to community engagement. Our most recent commitment was to reforest the Native Atlantic forest, one of the most biodiverse and threatened ecosystems in the world. For this project we partnered with Instituto Terra, a model of successful reforestation and sustainable land management. Through the Renewis Reforest project a total of 30,000 have been planted in 2024 with more to come in 2025. We engage with local communities and involve employees in our reforestation projects. In 2023 we formed a partnership with the Instituto Zag, in Brazil, to support their mission of preserving the Araucaria Angustifolia forests and the culture of the Xokleng tribe. In May 2023 we donated more than 12,000 seedlings and biodegradable bags used in the plantation. In 2024, we reaffirmed our commitment and increased our donation of seedlings.

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