Echo Investment S.A.

Environmental & Social Information • Mar 28, 2023

ESG Strategy Echo-Archicom 2030

• For the Planet
• For people
• For stakeholders

ESG Strategy Echo-Archicom 2030

The Echo Investment-Archicom Group conducts its business responsibly. We provide people with comfortable places to live, as well as good space to work, run daily errands and relax. We are aware of the social importance of our business, but also of its costs. That is why for years we have been taking actions that have a positive impact on the environment, communities and all stakeholders, reducing costs and compensating the environment for losses resulting from the development activity. Our ESG Strategy - Echo-Archicom 2030 organizes these activities, indicates priorities and emphasizes the values we follow. It contributes to the UN 17 Sustainable Development Goals (SDGs).

FOR THE PLANET

Reducing CO2 emissions

TARGETS 2023

first measurement of own carbon footprint (scope 1 and 2)

The construction and operation of buildings is one of the main sources of the carbon footprint in the world. That is why, already in 2023, we are starting the process of reducing emissions in our own oce spaces, but above all in the projects we are building, so that in 2030 - in accordance with the Paris Agreement - they will be carbon neutral.

establishing the reduction targets for next years (scope 1 and 2)

2024/2025

implementing new procedures and processes to limit future projects' carbon footprint based on pilot building experience

2023/2024

screening of 3 pilot projects (oce, apartments for rent & residential buildings) to reduce CO2 and increase energy eciency

2030

net-zero all new buildings of the Group to be

Protecting urban greenery

We make every eort to ensure that each of our projects in the city improves the conditions of greenery and biodiversity in the immediate vicinity.

We want our projects to be developed in areas that have already been urbanized, which have infrastructure and provide comfort of functioning in the city. We will avoid the use of suburban, green, forest or agricultural areas and eliminate the need for inecient construction of urban infrastructure.

Preventing urban sprawl

2023/2024

tree protection rules implemented and promoted in the Group

100%

of projects to be built within city borders

of the acquired plots to be brownfield (previously urbanised areas) – throughout the whole period 2023-2030

of the portfolio to be destination projects

since 2023

plant at least 2 times more trees than we cut down

TARGETS:

TARGETS:

Using green or renewable energy

Providing green energy TARGETS:

Traditional energy resources from fossil fuels are running out, and their use is responsible for global warming. That is why we want to promote energy from renewable sources by using it both for our own needs and in our projects.

to all Echo oce and retail buildings

to all of CitySpace locations

to all of our construction sites

GENDER 0 GOOD HEALTH 5 D EQUALITY AND WELL-BEING

FOR PEOPLE

Equal opportunities and wellbeing of Echo and Archicom's employees

We are a good, fair and stable employer. The competences of our employees is our most important asset: we want to put to use the employees' potential, give them development opportunities, and support them in their activities outside of work.

ESG Strategy – Echo-Archicom 2030

2025

2026

decrease to 10 average number of remaining vacation days per person at the year end to

closing gender

pay gap between employees on similar positions and scope of responsibility

45-55%

equal chance of promotion: women and men to hold

of key executive positions

2029

TARGETS:

Safety and wellbeing on construction sites

We take responsibility for all people working on our construction sites: for their safety, health, and wellbeing. We also want to eciently manage relations with neighbours of our projects.

measuring and increasing satisfaction of construction workers

zero fatal accidents

implementing high standards of social facilities on all construction sites until 2026

establishing rules of neighbours' complaints management

FOR STAKEHOLDERS

ESG Strategy — Echo-Archicom 2030

Transparency, equality, and highest standards of management

Ethics, legal awareness, and maximum transparency are the values that directly aect the perception of the Company among investors and stakeholders. The Echo Investment Group intends to further develop high standards of corporate governance and management.

Since 2026 women to account for minimum 40% of the Supervisory Boards of each Company or minimum 33% of the Supervisory and the Management Boards counted jointly

Promoting the ethics culture among employees through regular training, updates and awareness checks

Compliance with the WSE Best Practices – annual analyses of possibility to reduce the number of non-conformities

Developing awareness of the ESG in the Management and Supervisory Boards

TARGETS:

ECHO 2030 ROADMAP See the ESG strategy

Echo Investment al. Solidarności 36 25-323 Kielce

+48 41 3 333 333 kielce@echo.com.pl Archicom ul. Traugutta 45 50-416 Wrocław

+48 71 78 58 111 archicom@archicom.pl