IBERSOL | Integrated Management Report - 2024

NON-FINANCIAL STATEMENT The assessment of impacts, risks and opportunities related to the topic of business conduct, subtopic corruption and bribery, identified the existence of a potential material positive impact, the training on corruption and bribery, and a material risk, the susceptibility to incidents of corruption due to the size and complexity of the Group. The main action arising from this assessment is the implementation of the training plan on corruption prevention, which should cover all the Group’s employees, management and the company’s governing bodies. 5.4.3 Corruption and bribery incidents [DR ESRS G1-4] During the 2024 financial year, the company was not convicted or fined for violating anti-corruption or anti-bribery laws. No flaws were found in the internal anti-corruption and anti-bribery standards and procedures. 5.4.4 Supplier relationship management [DR ESRS G1-2] The Group manages its relationship with suppliers with the following main objectives: - to obtain a product/service of the highest possible quality, at a competitive and fair price; - to guarantee an adequate and continuous response to existing needs. Whenever possible, the risk of supply disruptions is minimised by selecting more than one supplier for each type of product. Commercial contracts with suppliers refer to the Group’s code of ethics and conduct, which guarantees respect for the law and the principles of business ethics. The commercial relationship defines a payment period that typically does not exceed 90 days. In 2025, the Group will draw up a sustainable purchasing policy to help ensure that the supply chain incorporates sustainability principles and objectives. Within this framework, suppliers will also be assessed and selected according to sustainability criteria. 232