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© 2 0 2 4 P e t z l D i s t r i b u t i o n - L a f o u c h e © 2 0 2 3 P e t z l D i s t r i b u t i o n - S t e p h a n e C a n d é © 2 0 2 3 P e t z l D i s t r i b u t i o n - S t e p h a n e C a n d é © 2 0 2 3 P e t z l D i s t r i b u t i o n - S t e p h a n e C a n d é

1

Improve the Labor Conditions of Our Suppliers Improve Our Employee Satisfaction

Since 2010, our responsible purchasing initiative has aimed to ensure

that all our suppliers comply with the Petzl code of conduct.

This code aligns with International Labor Organization (ILO) directives:

Our objectives are to improve social, environmental, health, and safety

practices at all of our suppliers. We’ve created an annual evaluation

of CSR practices for suppliers representing 80% of our purchases.

We’ve offered reinforced support for 25% of our suppliers in their

continued improvement plans. We are also collaborating with other

manufacturers to combine our audit efforts and reaff irm our CSR

standards for common suppliers.

Our strong and consistent growth, coupled with the complex issues

of the pandemic, has the potential to affect employee health. In 2021,

we evaluated the satisfaction of all Petzl employees in France using

the Wittyf it platform. The survey covers topics including organization

and work load, autonomy, work/life balance, recognition, as well as

purpose and values. Using the results, we created action plans to

improve satisfaction — some carried out by leadership and others

co-created and led by the teams. In 2023, this satisfaction audit

was extended to all Petzl employees on a global level.

The waste from our industrial and commercial operations produces

a variety of pollutants.

We’re taking action in our factories, warehouses, and off ices to reach

three objectives by 2025:

• Eliminate single-use plastics in our packaging and supply chain

• Reuse 50% of our cardboard and pallets, recycle the rest

• Recycle 80% of our metal, plastic, cardboard and wood waste,

put the rest towards energy recovery

In 2020, we worked with Carbone 4 to measure the comprehensive

carbon impact of our operations in 2019 — from the extraction

of raw materials to the end of a product’s life. Our footprint was equal

to 45,000 metric tons of CO

2

. Three areas accounted for 75%

of our emissions:

• Raw materials (34%)

• Transport of goods (24%)

• Energy used to power our headlamps (17%)

In 2021, we created initiatives to reduce our carbon footprint: prioritize

the use of materials with the least impact, improve the durability

and repairability of our products, shrink the distances our goods travel,

and reduce our energy consumption. By 2030, our goal is to reduce

our total carbon footprint by 50% per euro in sales.

Reduce, Reuse, and Recycle Our Waste Reduce Our Carbon Intensity

Four Actionable Commitments

At Petzl, we’re focused on four commitments that respond to the primary concerns of over 2,000

of our internal stakeholders (employees, subsidiaries, family shareholders) and external stakeholders

(clients, users, suppliers, associations, and NGOs). We are manifesting these four commitments

through hands-on projects with measurable outcomes.

Corporate Social Responsibility