Change For Good | Corporate project

Parade, an Eram Group brand, is fully onboard with the Group's global corporate project: Change For Good. It sets the course and unites the Group's 9 companies around a common ambition : become a benchmark company, recognised for its responsible performance. Its objective: to reduce the carbon footprint of its activities by 30%.

Between now and 2025, the Eram Group and Parade have set themselves the following objectives:

| Develop eco-design for 30% of our offer

| Engage 100% of our suppliers in a compliance initiative

| Reduce our energy intensity by 40%

| Remove or replace all single-use plastic packaging

Parade operates in a fast-changing ecosystem, with new and increasingly demanding rules:

Sustainable finance

We are committed to defining a trajectory for achieving our objectives, and to meeting the ESG (Environmental, Social and Governance) criteria required by banks. These criteria enable banks to measure the extent to which sustainable development is taken into account in the companies they support. Data relating to these criteria is collected, checked, audited and approved by a third-party organisation.

The Group and its companies are preparing for the new CSRD (Corporate Substainability Reporting Directive), which requires the publication of financial reports incorporating 12 standards, covering all ESG issues (transversal, environmental, social/societal and governance standards).

Our commitments and social regulations

Since 1 January 2023, the Eram Group has been a member of the ICS sector initiative and is therefore fully aligned with its social and environmental code of conduct. This defines the practices expected of manufacturers in terms of working conditions, including zero-tolerance

practice.

Managing the risks associated with the social and environmental conditions under which our products are manufactured is a priority for the Eram Group and its companies.

Our commitments and environmental regulations

Our conviction: our sustainable performance will only be of value if we have the means to measure it. A low-carbon strategy is based on 3 pillars: measurement, reduction and offsetting. Because there can be no compensation without measurement, or without prior reduction.

The carbon footprint is an essential steering tool in the

deployment of our environmental strategy.

Since 2019, Parade has carried out its carbon assessment every 2 years, covering the 3 scopes :

• Scope 1 : direct emissions (regulatory);

• Scope 2 : indirect energy-related emissions (regulatory);

• Scope 3 : all other indirect emissions including upstream and downstream activities (optional).