Ardmac Sustainability Update Q4 2023

Building better for our future Ardmac Sustainability Update Q4 2023

The Ardmac Way Our SkyBlue Programme

We are proud of their environmental, social and governance (ESG) programme - SkyBlue. We operate and maintain certified ISO 14001: 2018 (Environmental) and ISO 50001:2018 (Energy) Management Systems accredited by Intertek and Certification Europe respectively, and are externally rated by Ecovadis, from whom we have received a Silver Medal Rating, and are in the process of our initial assessment by the Carbon Disclosure Project. In Q4 of this year we shall become signatories to The Science Based Targets Initiative (SBTI).

Ardmac have operated carbon neutral offices since 2021. Ardmac recognises the importance of environmental matters and is committed to promoting sustainability. Through our SkyBlue programme, we ensure that environmental protection and prevention are part of our daily operations and business decisions. We aim to follow and promote good sustainability practices and work consistently to reduce the environmental impacts of all our business activities. Ardmac are fully committed to ethically and responsibly managing all aspects of our operations, every day.

Our goal is to be a Net Zero organisation by 2030.

ARDMAC SUSTAINABILITY UPDATE Q4 2023

Our goal is to be a Net Zero organisation by 2030.

Carbon neutral to net zero Our SkyBlue Programme

Carbon neutral to net zero...and beyond.

The EcoVadis sustainability assessment ratings and scorecards system is an evaluation of how well a company has integrated the principles of Sustainability/CSR into their business and management system. Ardmac are pleased to have achieved a silver rating at our first attempt in 2023, placing us at the 73rd percentile, which means our score is higher than or equal to the score of 73% of all companies rated to date.

In 2021, we achieved carbon neutrality for all scope 1 and scope 2 GHG Emissions by implementing measures to minimise our carbon footprint and offsetting the remainder by purchasing certified carbon credits. Net zero is crucial, it means that the amount of carbon we emit is balanced by the amount of carbon we remove from the atmosphere. This helps to mitigate the impacts of climate change, which is crucial for the sustainability of our planet. Aiming to be carbon negative goes beyond achieving net zero as it means actively removing carbon from the atmosphere, the ultimate goal to combat climate change. This requires innovative technologies and solutions, but the long-term benefits will be significant in securing a healthy and live able planet for the future.

Aiming to be carbon negative goes beyond achieving net zero as it means actively removing carbon from the atmosphere.

ARDMAC SUSTAINABILITY UPDATE Q4 2023

UN sustainable development goals

UN Sustainable Development Goals. These goals (SDG’s), address global challenges such as poverty, inequality, climate change, and environmental degradation and stand as a blueprint for achieving a sustainable future for all; designed to promote prosperity while protecting the planet. For our part, Ardmac have identified 8 ESG areas where we can make a difference and developed strategies to address them:

Decent Work & Economic Growth Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

Good Health & Wellbeing Ensure healthy lives and promote well-being for all at all ages

Quality Education Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

Reduced Inequalities Reduce inequality within and among countries

Responsible Consumption & Production Ensure sustainable consumption and production patterns

Gender Equality Achieve gender equality and empower all women and girls

Affordable & Clean Energy Ensure access to affordable, reliable, sustainable and modern energy for all

Climate Action Take urgent action to combat climate change and its impacts

ARDMAC SUSTAINABILITY UPDATE Q4 2023

Good health and wellbeing Sustainable development goal 03

ARDMAC SUSTAINABILITY UPDATE Q4 2023

Results achieved and targets Good health and wellbeing

Target

ISO 45001 Mature and effective ISO 45001 certified Health & Safety Management regime in place.

Health & wellbeing calendar Annual Health & Wellbeing calendar with over 30 activities per annum.

Achieve external validation of our Health & Wellbeing offering – IBEC KeepWell Mark

€247,000 Partnership with Pieta House. Darkness into Light and Annual Cycle for Hope event raising €247k.

Interviews with mental health experts broadcast internally to build awareness of suicide prevention techniques.

Implement a ‘fit for purpose’ Mental Health Program. 90% of employees trained in mental health Awareness

The Lighthouse Club Company supporter of The Lighthouse Club Charity - Mental Health supports in Construction.

3 x cultural events per annum celebrating different cultures and building EDI Awareness.

Establish links with mental health charities in the countries in which we operate

Safety First Ardmac commitments

“Safety First and always is foremost in our thinking. For everyone around us, in everything we do and wherever we impact”

We constantly strive to ensure that Safety in Ardmac remains much more than an organisational priority but is a value and our first guiding principle at Ardmac, defining the priorities in activities and environments, both at work and at home. We know that we must continuously improve, and foster ownership and the leadership for safety at all levels within the organisation from the CEO to the shop floor. Our common goal is to create a zero impact environment.

We aim to evolve and develop new and innovate approaches to gain that extra improvement to achieve our goal of zero incidents and injuries at all our workplaces wherever they are located, in Europe, Ireland or in the UK and ensure the realisation of our core safety first value. We believe, through our safety first programme we can eliminate injuries and enhance people’s lives through embedding positive attitudes and beliefs to safety, enabling them to think and about safety positively and in a different way.

2022 RoSPA 23 Years Gold Medals

2022 ICIA Covid – 19 Crisis Response Winner

2022 ICIA Excellence in Health & Safety Winner

2022 H&S Excellence Award – Safety First

ARDMAC SUSTAINABILITY UPDATE Q4 2023

Health and wellbeing calendar Ardmac commitments

The key to success is our people and our commitment to excellence as standard. It empowers us to prioritize self-care, enabling us to bring our best selves to work every day. By promoting physical activity, mental resilience, and work-life balance, a wellness programme fosters a positive work environment where we feel supported, motivated, and appreciated.” “The Ardmac wellness programme is not just a perk; it is a powerful investment in our overall well-being. It shows that the company recognizes and values our health, both physically and mentally.

At Ardmac, we believe that at the heart of helping our people to achieve their full potential is fostering a culture where we create a broad range of opportunities to invest in the wellbeing of our teams (both site and office based). To support this goal, we have implemented a health & wellbeing calendar which covers - physical health, mental health, giving back, social activities, and inclusiveness initiatives.

ARDMAC SUSTAINABILITY UPDATE Q4 2023

2023 Health & Wellbeing Calendar

At Ardmac we want to encourage our people to look after their wellbeing by creating opportuntites to: improve our physical health, focus on our mental health, consider our financial wellbeing, get to know our colleagues better (social), celebrate equality, diversity & inclusion and by giving back to our communities through our Sky Blue Programme.

PHYSICAL HEALTH

MENTAL HEALTH

FINANCIAL WELLBEING

SOCIAL

EQUALITY, DIVERSITY & INCLUSION (EDI)

VOLUNTEERING

JAN

FEB

MAR

APR

SPONSOR & CO-ORDINATOR

ALAN COAKLEY & EMMA HOEY

JASON CASEY & AISLING KELLY

SOCIAL EVENTS (TBC) / GOLF SOCIETY EVENT (FRI 28TH)

BLUE MONDAY

MORTGAGE ADVICE (EBS)

INTERNATIONAL WOMEN’S DAY (8TH)

VOLUNTEERING INITIATIVE / CSR DAY

LOCAL SCHOOL VISITS

MHFA TRAINING 2023 LAUNCH

NATIONAL WORKPLACE WELLBEING DAY (IBEC FRI 28TH)

CULTURE CELEBRATION - EVENT 1

MAY

JUN

JUL

AUG

ENDA MURPHY & FERGUS NUGENT

MICHAEL QUINN & JOHN ALEXANDER

DONAL GARGAN & PATRICK MATTHEWS

ROY MILLAR & MAGALI SZALAY

SOCIAL EVENTS (TBC) / GOLF SOCIETY EVENT (FRI 30TH)

SOCIAL EVENTS (TBC) / GOLF SOCIETY EVENT (SAT 26TH)

GOLF SOCIETY EVENT (FRI 26TH)

GOLF SOCIETY EVENT (FRI 28TH)

SKIN CANCER AWARENESS

PRIDE

CULTURE CELEBRATION - EVENT 2

EMPLOYEE ASSISTANCE PROGRAMME (EAP)

DARKNESS INTO LIGHT

MEN’S HEALTH WEEK (12TH - 18TH)

NUTRITION FOR ENERGY

FINANCIAL WELLBEING

SEP

OCT

NOV

DEC

WESLEY DUFFY & HILARY MOLONEY

COLM CASEY & COLM DOONER

CORMAC SMYTH & TERRY KEEGAN

KAREN O’HARA & MARK SEYMOUR

WORLD MENTAL HEALTH DAY (10TH)

MOVEMBER

GOLF SOCIETY EVENT (FRI 29TH)

CHRISTMAS EVENTS

CULTURE CELEBRATION - EVENT 3

MEN’S HEALTH DAY (19TH)

WORLD SUICIDE PREVENTION DAY (10TH)

GRATITUDE TREES

CYCLE FOR HOPE (PIETA HOUSE)

RETIREMENT PLANNING

ORCHARDS IN THE COMMUNITY

GENDER PAY GAP REPORTING

“Working safely is at the forefront of everything we do at Ardmac and is captured as part of our ‘Safety First’ programme.”

Login: User ID: Ardmac / Password: lifeworks Website: https://ardmac.lifeworks.com/life/employee- assistance. 1800 936 534 (ROI) / 0800 169 1920 (UK)

www.lighthouseclub.org 1800 939122 (ROI) / 0345 605 1956 (UK)

www.pieta.ie 1800 247 247 (Ireland)

Mental health focus Ardmac commitments

“Cycle for Hope embodies our dedication to ‘building better’ in the community. It’s more than an event; it’s a testament to our own values, uniting our community to make a tangible difference for a fantastic organisation like Pieta, that supports people during their most challenging times. We are committed to giving back where we can, and we take that very seriously. Building our community is key to a better tomorrow for all generations.”

At Ardmac Safety First and always is foremost in our thinking, for everyone around us, in everything we do and wherever we impact. We are all aware of physical risks and on-site threats, but what about the dangers we can’t see? Depression, anxiety, stress and suicidal thoughts are just as dangerous as tangible on-site hazards. Over the past number of years there has been an increasing number of employees in the construction industry suffering from mental health issues. A 2020 study found that 83% of construction workers have experienced a mental health issue. Mental health issues are indiscriminate and affect people in all roles.

We place a huge focus on regulations and on-site safety but mental health needs to be prioritised, just as highly as wearing a hard hat or protective goggles. That’s why this year, Ardmac have chosen 3 charity partners with a focus on mental health; Pieta House, Manchester Mind and The Lighthouse Construction Industry Charity. Ardmac is aiming to help tackle this issue by increasing awareness of the mental health issues within the construction industry, providing the support and resources for our staff and raising vital funds for our charity partners.

Roy Millar, Chief Business Officer

ARDMAC SUSTAINABILITY UPDATE Q4 2023

Quality education Sustainable development goal 04

ARDMAC SUSTAINABILITY UPDATE Q4 2023

Results achieved and targets Quality education

Target

L&D Roadmap Learning & Development Roadmap in place and promoted at every opportunity.

CPD Employer Certified Enterprise Ireland CPD Employer.

Excellence Through People award achieved by Q1 ‘24

A suite of competency-based training matrices have been developed in line with the needs of each business unit.

Tailored performance management process in place with regular performance & development check-ins – 92% completion rate ‘23.

Design & Launch an externally accredited Cleanroom Installer traineeship program.

Dedicated career paths in place through external partnerships with 3rd level Institutes.

Leadership & Emerging Leaders development programs in place in partnership with TCD.

Training and development Ardmac commitments

Ardmac collaborates with its stakeholders, clients, and suppliers to promote sustainable practices throughout the construction industry. Ardmac also provides training and education programs to employees, enabling them to understand and implement sustainable practices effectively.

Ardmac have developed a Learning and Development Roadmap which outlines our plan for 2023. There is full ownership and accountability held at senior management level and a report on activities and progress is presented to monthly leadership meetings. This includes developing a learning culture across the group.

This is both supported and driven by our Senior Managers and Directors. Through a combination of eLearning modules, CPD’s, Further Education options i.e. Diploma’s, Degrees, Post Graduates, and Masters degrees, we provide our employees with several options to continue their learning journeys whilst working with Ardmac.

In relation to our early talent, we have several learning pathways for them to follow, i.e. graduate programme, QS Scholarship or Estimating Traineeship. This is also further supported with a leadership development programme to prepare them for future roles within Ardmac.

ARDMAC SUSTAINABILITY UPDATE Q4 2023

Collaboration and education Ardmac commitments

Ardmac’s initiatives towards achieving sustainability are practical, ambitious, measured and impactful within our business and community. By focusing on reducing carbon emissions, implementing waste management practices, engaging with local communities, and investing in employee training, Ardmac displays a comprehensive approach towards sustainable construction.

Wellbeing Calendar and monthly activities (Director-led) Wellbeing Calendar and monthly activities (Director-led)

Women in Construction Leadership Programme

Ardmac Safety First Programme

Toolbox Talks

ED&I Training (Equality, Diversity and Inclusion)

Gender equality Sustainable development goal 05

ARDMAC SUSTAINABILITY UPDATE Q4 2023

Results achieved and targets Gender equality

Target

Silver Award Achievement of Silver Diversity rating through the Irish Centre for Diversity, with the goal of achieving Silver in 2023

Updated CSR policies (Anti Corruption, Gender Equality etc.)

Gender Balance ratio is 10% ahead of industry norms

Annual celebration of diversity in construction events on International Women’s Day.

100% of our people feel they can bring their ‘whole selves’ to work – survey results

Increased paid maternity, paternity and parental leave

Inclusive Leadership Inclusive leadership program in place in conjunction with the Irish Centre for Diversity.

EDI Action Plan in place with visible support from Executive team.

Women in construction Ardmac commitments

Ardmac is aware that the construction industry needs to employ more women if it is to have a sustainable future. At Ardmac, we promote women in construction and place a focus on attracting women into the industry all year round. Representation is key. We have profiled our female staff and highlighted their career paths and successes. We showcase our diverse role models to inspire future generations and ensure women are represented in leadership positions. Each year our Leadership & Management Teams visit local secondary schools to promote construction as a viable career option and encourage girls and young women to explore different careers in construction. There is a male dominated industry bias, and our goal is to break that bias and show young students that a career in construction is open to everyone. We hope that young girls are encouraged to take on STEM subjects early on and in turn build our future. We offer graduate programmes where we actively recruit and support women entering the industry. We provide mentorship programs to facilitate knowledge transfer and career guidance.

We enforce equal employment opportunities, monitor and address any gender pay gaps within the construction industry and ensure fair promotion practices and career advancement opportunities for women. We attend CIFs International Women’s Day event to understand how we can achieve a better gender balance as part of our wider people strategy. We conduct regular training on diversity, equity, and inclusion for all employees. We allow for flexible work schedules to accommodate diverse needs, such as childcare responsibilities and remote work to promote work-life balance. We have heard from several of our senior leaders of the importance of building a more diverse workforce, using video updates, town hall events and perspectives in our by-monthly Ardmac newsletter.

ARDMAC SUSTAINABILITY UPDATE Q4 2023

Investing in Diversity Ardmac commitments

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Affordable and clean energy Sustainable development goal 07

ARDMAC SUSTAINABILITY UPDATE Q4 2023

Results achieved and targets Affordable and clean energy

Target

IS0 50001 ISO 50001 Energy Management certification achieved 2020

Transitioning 25% of LGV Fleet from Diesel to Petrol Hybrid Vehicles.

Transition 100% of LGV Fleet to Hybrid or EV.

Transitioned all offices to 100% renewable energy suppliers.

Accurate measurement and continual reduction of LGV and business travel GHG emissions.

Submetering to aid identification of opportunities for energy consumption improvement.

Implementation of Energy Management Systems and continual improvement strategy 2020.

Eco Driver Training of all Company vehicle drivers.

Clean energy Ardmac commitments

We aim to continually monitor and improve energy consumption and energy efficiency and only use energy produced by 100% renewable resources to reduce our group carbon footprint.

ARDMAC SUSTAINABILITY UPDATE Q4 2023

Decent work and economic growth Sustainable development goal 08

ARDMAC SUSTAINABILITY UPDATE Q4 2023

Results achieved and targets Decent work and economic growth

Target

Hire Local Job advertisement on local jobs boards across Europe

Partnerships with educational institutes to develop new career pathways in Construction E.g., Cleanroom Program.

Increase the level of direct hires of construction operatives to 80%

Annual pay benchmarking to ensure that our people are paid in line with or ahead of market rates.

Employee benefits packages which includes healthcare and bonus schemes covering all employees.

Continue to evolve our benefits offering to ensure a reasonable standard of living for our people

Presentation and participation in local University events to encourage students to consider a career in Construction.

Reduced inequalities Sustainable development goal 10

ARDMAC SUSTAINABILITY UPDATE Q4 2023

Results achieved and targets Reduced inequalities

Target

Apr : HQ flag install and Irish Centre for Diversity (ICD) - Bronze Accreditation Awarded.

Jan : EDI Policy Review

Revised EDI Strategy in place in Q1 2024.

Feb: School visits to encourage women to consider a future career in Construction.

Jun: EDI Article for Ardmag & introduction of Ardmac Pride lanyards.

Eliminate Gender Pay Gap by Dec 2025.

Mar : Launch of 2023 Health & Wellbeing calendar with cultural diversity days.

Aug: Irish Centre for Diversity - Silver Accreditation Assessment.

Responsible consumption and production Sustainable development goal 12

ARDMAC SUSTAINABILITY UPDATE Q4 2023

Results achieved and targets Responsible consumption and production

Target

Implementation ISO 14001 Environmental Management System

Lean Six Sigma processes in place throughout the company

To minimise waste intensity KPI – Tonnes per €M turnover p.a.

Accurately track embodied carbon in purchased construction materials

99.5 % of Waste generated diverted from landfill

Purchasing and Procurement vetting environmental and sustainability credentials supply chain

Design and material procurement: Ardmac commitments

Ardmac are committed to responsible design and procurement decisions. Our goals are as follows :

Reduce embodied carbon by designing out high carbon materials and using low embodied-carbon alternatives (e.g., cement replacements, recycled & upcycled materials). Carbon) assessments on LEED and BREEAM projects. Complete LCA (Embodied Promote the selection of low-impact fully recyclable materials on all projects.

Update our Procurement Procedure to include gathering environmental data from recognised responsible sourcing schemes i.e.

Develop KPIs – Percentage of materials sourced responsibly per annum to be tracked by UK and Irish Purchasing Depts

• • • •

Manufacturers’ ISO 14001 Manufacturers’ BES 6001 FSC for all timber products

Product Environmental Declarations

Our goal is enable tracking, minimising, and offsetting scope 3 GHG emissions from purchased construction materials

ARDMAC SUSTAINABILITY UPDATE Q4 2023

Local, Irish sourcing of materials Ardmac commitments

We design our projects to ensure our sustainability objectives are met as follows:

1. Reduce embodied carbon by designing out high carbon materials and using low embodied-carbon alternatives (e.g. cement replacements, recycled & up- cycled materials).

3. Promote the selection of low-impact, fully recyclable materials across all projects. 4. Actively seek sustainable materials from supply chain.

Complete Life Cycle Assessment (LCA) in LEED and BREEAM projects.

Local, Irish sourcing of materials Ardmac commitments

Recycled Content Materials Ardmacs procurement team actively looks for materials that incorporate recycled content. This includes materials like recycled timber, recycled metals, and recycled plastic products. By utilizing recycled content, Ardmac aims to reduce waste and divert materials from landfills. Low VOC (volatile organic compounds) products: Volatile organic compounds are harmful chemicals commonly found in paint, adhesives, and coatings. In our procurement approach Ardmac emphasizes the use of low VOC products, which minimize harmful emissions and improve indoor air quality within commercial spaces. Energy-efficient lighting: Ardmac utilizes energy-efficient lighting solutions throughout its projects. By incorporating technologies like LED lighting, the company reduces energy consumption, lowers carbon emissions, and decreases maintenance costs.

Sustainable flooring: Ardmac selects flooring materials that prioritise sustainability. This may involve using recycled flooring materials, such as carpet tiles made from recycled fibres, or materials with minimal environmental impact, such as bamboo or cork flooring. We work closely with our supply chain and have identified the main product types purchased (e.g. Whitewall Panels (Eurobond, Kingspan), Gypsum Products, Timber Products, Suspended Ceiling products, Dagard Cleanroom System products, and we have updated our Procurement Procedure to include gathering environmental data from recognised responsible sourcing schemes i.e.

• • • •

Manufacturer’s ISO 14001 certifications Manufacturer’s BES 6001 certifications FSC certification for all timber products Environmental Product Declarations (EPDs)

Lastly, we monitor progress through KPIs – Percentage of materials sourced responsibly per annum which is tracked by UK and Irish Purchasing Depts.

ARDMAC SUSTAINABILITY UPDATE Q4 2023

Climate action Sustainable development goal 13

ARDMAC SUSTAINABILITY UPDATE Q4 2023

Results achieved and targets Climate action

Target

Initial Assessment by CDP (Carbon Disclosure Project) - June 2023.

Certified carbon offsets for all Scope 1 & 2 Emissions purchased each year since 2021.

Work with suppliers to minimise packaging waste and embodied carbon in purchased materials.

Ecovadis Sustainability Rating – Silver Medal awarded 2022 [73rd percentile]

Work with suppliers to develop EPDs to enable tracking, minimising, and offsetting scope 3 GHG emissions from purchased construction materials.

Become a signatory of the BITCI (Business in the Community Ireland) Low Carbon Pledge.

Enrolment with SBTI (Science based target initiative) and setting and reporting on GHG Emissions reduction targets.

Diversion of 99.5% of waste from Ardmac managed projects from landfill.

Single use plastics banned from all facilities.

Net zero journey Our SkyBlue Programme

Ardmac offices around the world have been carbon neutral since 2021. We have achieved this through our focus on sustainability throughout the project and product lifecycle. We have also secured credits from the COTAP Scheme by Investing in reforestation and other active carbon removal projects. This requires innovative technologies and solutions, but the long-term benefits will be significant in securing a healthy and liveable planet for the future. We aim to increase understanding of energy consumption and increase energy efficiency to reduce impact on our company carbon footprint and climate change impact.

In our Net Zero journey we have chosen COTAP (Carbon Offsets To Alleviate Poverty) a global nonprofit organisation who manage carbon offset projects in developing countries. COTAP projects actively remove Carbon and Green House Gases, while empowering individuals in developing countries to tackle the world’s biggest environmental challenges that is climate change and the humanitarian challenge of extreme poverty. COTAP pools and allocates carbon offsets through the purchase of forestry carbon projects, restoring landscapes, contributing to and creating lasting economic benefits for the rural poor in the least developed countries.

Ardmac carbon offset donations are currently supporting the following projects: • Root’s Limay Community Carbon Project in Nicaragua. • Ecotrust’s Trees for Global Benefits (TFGB) Community Carbon Project in Uganda. • Cooperativa AMBIO’s Scolel’te Reforestation Project in Mexico. • GHG projects in India, Fiji and Indonesia

ARDMAC SUSTAINABILITY UPDATE Q4 2023

Empower individuals and organizations in developed countries to address both climate change and global poverty.

External validation EcoVadis Results EcoVadis helps you manage ESG risk and compliance, meet corporate sustainability goals, and drive impact at scale by guiding the sustainability performance improvement of your company and your value chain. To demonstrate our sustainability credentials to prospective clients we have engaged EcoVadis and completed a sustainability assessment questionnaire. EcoVadis is the world’s largest and most trusted provider of business sustainability ratings and has a global network of more than 100,000+ rated companies and is subscribed to by many of our clients. Ardmac achieved a silver medal rating which puts us in the 72nd percentile of all rated companies. An action plan to improve this rating has been prepared and internal task force established to implement plans and deliver on objectives across the entire organisation.

ARDMAC SUSTAINABILITY UPDATE Q4 2023

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Ardmac Sustainability Update Q4 2023 : WIP