AS Sustainability Report

Materiality analysis and stakeholder engagement

Introduction

CEO letter

Air SERBIA’s Story

Air Serbia in 2025 - year in review

Governance

Environment

Economic value and connectivity

Social

Appendix

CATEGORY

STAKEHOLDER GROUP

ENGAGEMENT

FREQUENCY

KEY TOPICS

Flight safety, occupational health and safety, workforce stability, training and career development.

Continuous

Internal

Internal

Team meetings, union dialogue, Ethics line.

Annual (Shareholders' Assembly), with ongoing reporting to the Ministry and ad-hoc dialogue with Government.

Financial sustainability, governance, national connectivity, strategic investments.

Shareholders' Assembly, regular reporting to the Ministry, dialogue with Government.

Governance

Governance

Quarterly (NPS surveys); continuous (post-flight feedback, support channels).

Satisfaction surveys, post-flight feedback, sales and customer support channels.

Safety, customer experience, punctuality.

Customers

Customers

Continuous.

Safety and security, emissions, data protection.

Regulatory

Regulatory

Regulatory reporting, inspections, audits, compliance dialogue.

Continuous (contracts, periodic reviews).

Procurement practices, fair competition, cyber risks.

Business

Business

Contractual relationships, supplier assessments, joint projects.

Decarbonisation, regulation, safety standards, aviation infrastructure.

Continuous.

Business

Business

Active membership, working groups, conferences, joint position papers.

Noise-management consultations with airport communities, and community support initiatives including partnerships with SOS Children's Villages Serbia, medical travel support, accessible-travel initiatives for people with disabilities, and cultural heritage and charitable donations.

Noise, community engagement, social inclusion, destination development.

Project-based and ad-hoc.

Community

Community

Brand reputation (industry awards, Skytrax ranking), operational performance (customer satisfaction, on-time performance), sustainability progress (first Sustainability Report).

Team meetings, union dialogue, Ethics line.

Community

Community

Press releases, interviews, social media, corporate communications.

Sustainability Report 20

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