INSIGHT ISSUE 02 | 2023

14 Going Green, Going Digital: the twin transitions At Prysmian Group’s Sustainability Week 2023 industry experts, Andretti Autosport’s Group Commercial Director Jim Wright and Formula E Sustainability Director Julia Pallé together with Prysmian Group’s Chief Innovation and R&D Officer Srini Siripurapu, further remarked how the Formula E electric car racing series is constantly building on sustainability and innovation to drive progress in technologies that can influence the wider automotive sector, aiming to showcase the benefits and opportunities of decarbonized mobility. As a matter of fact, as Jim Wright told Prysmian Group's "Going Green and Digital event, the Andretti team works continuously on improving the technical and sustainable sides of motorsport in the most efficient way, focusing on four pillars: performance, product, sustainability, and cost. “You don’t make a decision just on performance, or just on the endproduct”, said Wright “at the end of the day, cost and sustainability are equally important factors and we are trying to advance electric mobility through motorsport as quickly and as safely and as sustainably as possible,” he added. According to the Intergovernmental Panel on Climate Change (IPCC), the transport industry is responsible for almost a quarter of the global energy-related carbon dioxide emissions, and road transport is the major contributor. FORMULA E: ADVANCING DECARBONIZED MOBILITY THROUGH MOTORSPORT Formula E is the world’s first full-electric racing series, featuring single seater cars racing on iconic street circuits around the world and an acknowledged a platform for the development of electric vehicle technology to accelerate change towards a greener future. In January 2023 Prysmian Group entered a sponsorship agreement with the Avalanche Andretti Formula E team for the Season 9 ABB FIA Formula E World Championship and became the first cable maker to partner with a Formula E team as major sponsor, with the goal of strengthening its value proposition by promoting innovation also in the strategic sector of e-mobility. Julia Pallé Formula E Sustainability Director Jim Wright Andretti Autosport’s Group Commercial Director

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