APPENDIX Introduction
Appendix
Materiality analysis and stakeholder engagement
Economic value and connectivity
CEO letter
Air SERBIA’s Story
Air Serbia in 2025 - year in review
Governance
Environment
Social
10.4 Materiality Assessment — Detailed Results
No.
Material topic
E/S/G
Employees (X)
Stakeholders
Passengers
External avg (Y)
Priority
Reported in
16
Procurement and supply chain
G
3.91
4.25
4.13
4.19
External (Q2)
Chapter 8.4
Sustainable network and destination development
17
G
4.12
3.75
4.18
3.97
Operational (Q3)
Chapter 8.2
18
Responsible marketing and brand
G
4.06
4.00
4.16
4.08
Operational (Q3)
Chapter 4.3
Sustainability Report 83
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