INSIGHT ISSUE 3 | 2023

18 Connect, TO LEAD the 2019 baseline, ahead of schedule. We have been able to reach this also thanks to our innovation approach, anticipating targets thanks to the total removal of the SF6 gas. We are the only cable maker to completely eliminate this gas. We have allocated up to 100 million euros of capital expenditure by 2030 to decarbonize our own operations and implement circularity across the entire value chain to achieve these ambitions. What are some examples of products that have been developed from the Design for Sustainability initiative? P-Laser, which is the first fully recyclable insulation technology. This provides an ideal solution for delivering enhanced network reliability, while simultaneously delivering operational and environmental benefits. Then there is Eco-cable, the industry's first "green label" based on six measurable and internationally recognized sustainability criteria including recyclability and circularity, transmission efficiency, and conscious environmental impact. The Eco-cable label very recently received Bureau Veritas certification, to further reinforce our rigorous approach. How does the company come up with ideas for improving sustainability? Today, 30% of our total revenues are generated from products with enhanced sustainability performance, reflecting demand from our customers. This has been possible thanks to our strong belief in the open innovation model. We have collaborated with clients, the world's leading universities, and industrial partners to develop innovations that can pave the way for industry decarbonization. An important part of our climate change commitment is helping our customers to decarbonize their operations. For this reason, we introduced our innovative “Design for Sustainability” program, which is focused on developing new thinner, lighter, faster, and greener products with a higher value in terms of sustainability. We carefully observe our products in use to come up with ideas for solutions that avoid and reduce emissions, like using additional recycled content, which can support the broad circular economy. P-LASER ECO-CABLE

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