Werfen, S.A.
and subsidiaries
lndependent Verification Report
Consolidated Non-Financia! lnformation Statement
31 December 2023

pwc
A free translation from th e original in Spanish
This version of our report is a free translation of the original, which was prepared in Spanish. Al/ possible care has
been taken to ensure that the translation is an accurate representation of the original. However, in al/ matters ofinterpretation of information, views or opinions, the original language version of our report takes precedence over thistranslation.

Independent verification report
To the shareholders of Werfen S.A.:
Pursuant to article 49 of the Code of Commerce , we have verified , with the scope of a limited
assurance engagement, the accompanying Consolidated Statement of Non-Financia! lnformation("SNFI") for the year ended 31 December 2023 of Werfen S.A. (Parent company) and subsidiaries(hereinafter "Werfen" or the Group) which forms part of the Werfen's consolidated management report .
Responsibility of the directors of the Parent company
The preparation of the SNFI included in Werfen's consolidated management report and the content
thereof, are the responsibility of the directors of Werfen S.A. The SNFI has been drawn up inaccordance with the provisions of current mercantile legislation and following the criteria of the
Sustainability Reporting Standards of the Global Reporting lnitiative ("GRI Standards") selected as per
the details provided for each matter in the table "APPENDIX l. Table of reference to the requirementsof Law 11/2018" of the aforementioned Statement.
This responsibility also includes the design , implementation and maintenance of the interna! control
considered necessary to allow the SNFI to be free of material misstatement dueto fraud or error.
The directors of Werfen S.A. are also responsible for defining, implementing, adapting andmaintaining the management systems from which the information required to prepare the SNFI is
obtained .
Our independence and quality management
We have complied with the independence requirements and other ethical requirements of thelnternational Code of Ethics far Professional Accountants (including lnternational lndependenceStandards) issued by the lnternational Ethics Standards Board for Accountants ("IESBA Code") which
is founded on fundamental principies of integrity, objectivity, professional competence and due care ,confidentiality and professional behaviour.
Our firm applies current international quality standards and maintains, consequently, a quality systemthat includes policies and procedures related to compliance with ethical requirements, professional
standards and applicable legal and regulatory provisions.
The engagement team consisted of professionals specialising in Non-financia! lnformation reviews,
specifically in information on economic, social and environmental performance.

Pricewaterh ouseCoopers A udito1·es, S.L., Avinguda Diagonal, 640, 08017 Barcelona, España
Tel. : +34 932 532 700 / +34 902 021111 , Fax: +34 934 059 032, www.pwc.es
R. M. Madrid, hoja M-63 .988, folio 75. lomo 9.267 , libro 8.054, sección 3'
Inscrita en el R.O .A.C. con el número S0242 - NIF: B-79031290

pwc
Werfen, S.A. and subsidiaries
Our responsibility
Our responsibility is to express our conclusions in a limited assurance independent report based on
the work we have performed . We carried out our work in accordance with the requirements laid downin the current lnternational Standard on Assurance Engagements {ISAE) 3000 Revised , Assurance
Engagements other than Audits or Reviews of Historical Financia! lnfarmation (ISAE 3000 Revised)issued by the lnternational Auditing and Assurance Standards Board (IAASB) of the lnternational
Federation of Accountants (IFAC) and in the Guidelines far verification engagements of the Statementof Non-Financia! lnfarmation issued by the Spanish lnstitute of Auditors ("Instituto de Censores
Jurados de Cuentas de España").
In a limited assurance engagement, the procedures performed vary in nature and timing of execution ,and are less extensive, than those carried out in a reasonable assurance engagement andaccordingly, the assurance provided is also lower.
Our work consisted of posing questions to management as well as to the various units of Werfen thatwere involved in the preparation of the SNFI , of the review of the processes far compiling andvalidating the infarmation presented in the SNFI , and in the application of certain analytical procedures
and review procedures on a sample basis, as described below:•

Meetings with the Werfen personnel to understand the business model , policies andmanagement approaches applied , principal risks relating to these matters and to obtain theinfarmation required far the externa! review.

•

Analysis of the scope , relevance and integrity of the content of the SNFI far the year 2023 ,based on the materiality analysis carried out by Werfen, taking into account the content requiredby current mercantile legislation .

•Analysis of the procedures used to compile and validate the infarmation presented in the SNFI
far the year 2023 .

•Review of infarmation relating to risks , policies and management approaches applied in relation
to material matters presented in the SNFI far the year 2023 .

•Verification , by means of sample testing, of the infarmation relating to the content of the SNFI
far the year 2023 and that it was adequately compiled using data provided by the sources of theinfarmation.

•

Obtaining a management representation letter from the directors and management of the
Parent company.

2pwc
Werfen, S.A. and subsidiaries
Conclusion
Based on the procedures performed in our verification and the evidence we have obtained, nothing
has come to our attention that causes us to believe that the SNFI of Werfen S.A. and its subsidiaries,
for the year ended 31 December 2023 has not been prepared , in ali material respects , in accordancewith the provisions of current mercantile legislation and following the criteria of GRI selected as per thedetails provided for each matter in the table "APPENDIX l. Table of reference to the requirements of
Law 11/2018" of the aforementioned Statement.
Use and distribution .
This report has been drawn up in response to the requirement established in current Spanish
mercantile legislation and therefore may not be suitable for other purposes and jurisdictions.
PricewaterhouseCoopers Auditores , S.L.
PRICEWATERHOUSECOOPERS AUDITORES, S.L.

Original in Spanish signed byJorge Joaquín Azofra Lluch
21 th March 20243

Werfen, S.A. and Subsidiaries
Non-Financia! lnformation Statement for 2023

WERFEN, S.A. AND SUBSIDIARIES
Non-Financia! lnfarmation Statement far 2023
Business Model

Werfen, S.A. (the "Company" or the "Parent Company") was incorporated in Barcelona on
February 26, 1981, under the name Grupo CH Werfen, S.A. In 2007, it changed its name to
Werfenlife Group, S.A., and in 2014, it changed its corporate name once again to Werfenlife,
S.A. Finally, in June 2022 it changed its name to its current one, Werfen, S.A. lts registeredoffice is at Pla(a Europa nº 21-23, L'Hospitalet de Llobregat (Barcelona).
The Parent Company's main business activities is the farmation of companies and theacquisition of equity holdings, either on its own behalf or on behalf of a third party. The Parent
Company heads a group of companies (the "Group" or "Werfen") . Werfen is a multinationalgroup of companies engaged in the research, development, manufacture and distribution of
specialized products in the health and life sciences. With a direct presence in more than
30 countries and ongoing and majar investments in research, development and innovation,
Werfen is currently a world leader in its specialized market segments. In addition, the Parent
Company provides services to the various companies that farm part of Werfen, such asservices relating to senior management, legal and tax advice, communication, and financia!
systems.
The main subsidiaries of Werfen, S.A. are the fallowing:
lnstrumentation Laboratory, S.p.A., based in Milan (ltaly), whose main business activities

include the production of reagents far specialized diagnostics and the sale and supply ofreagents and instruments far clinical diagnosis to hospitals, medica! laboratories, anddistributors .
Werfen ltaly lnvestments, S.R.L., based in Milan (ltaly), which groups together the equity
holdings in most of the subsidiaries that operate in the Specialized Diagnostics segment,
previously held by the company lnstrumentation Laboratory, S.p.A.
lnstrumentation Laboratory, Co., based in Bedfard, Massachusetts (USA), whose main
business activity is the research, development, manufacture and sale of specialized
diagnostic instruments and reagents far use mainly in hospitals and clinical laboratories.
Biokit, S.A., based in Lli(a d' Amunt, Barcelona, whose main business activity is the
manufacture and sale of reagents far analysis in the medical and healthcare field.
lnova Diagnostics, lnc., based in San Diego (USA), whose main business activity is theresearch, development, and production of reagents in the area of autoimmunity and the
supply and sale thereof to hospita ls, clinical laboratories, and distributors.

WERFEN, S.A. AND SUBSIDIARIES
Non-Financia! lnfarmation Statement far 2023
Werfen España, S.A.U., based in L'Hospitalet de Llobregat, Barcelona, whose main

business activity is the supply and sale of instruments and reagents far specialized
diagnostics to hospitals and clinical labo ratories in the Spanish market.
Werfen Medical Device Co, Ltd. (Beijing), based in Beijing, China . lts main businessactivity is the sale of instruments and reagents far clinical diagnosis in the Chinese market.
lmmucor lnc., based in Norcross, Georgia {USA), whose main business activity is theresearch , development, manufacture and sale of diagnostic products far transfusions in
hospitals, donor centers, and clinical laboratories.
lmmucor GTI Diagnostics, lnc., based in Waukesha, Wisconsin (USA), whose main
business activity is the research, development, manufacture and sale of diagnostic
products far transplants, mainly used in hospitals.
BioArray Solutions Ltd., based in Warren, New Jersey (USA), whose main business activity
is biotechnology research and development far transfusion and transplant products.
These latter three companies were incorporated in 2023 with the acquisition of lmmucor.
With this acquisition, Werfen incorporates a new business line corresponding to theTransfusion and Transplant market.
Werfen has two main lines of business :Specialized Diagnostics {IVD)
Medical Devices

In fiscal year 2023, Specialized Diagnostics accounted far approximately 91.75% of Sales{90.5% in 2022). This business segment consists in the research, development, manufactureand distribution of diagnostic systems used in hospitals and clinical laboratories. lts products
include instruments, reagents, and software, as well as quality controls.
The second line of business, Medical Devices, accounted far approximately 8.25% of Sales in2023 {9 .5% in 2022). lts business activity is facused on the marketing of a wide range of
products in the fields of medical devices and life sciences and also encompasses thecompany's own line of dosing devices and elastomeric pumps far therapeutic infusion.

WERFEN, S.A. AND SUBSIDIARIES

Non-Financia! lnformation Statement fo r 2023
Werfen's total Sales is broken down by geographic area as follows:

North America
Western Europe
Eastern Europe, Middle East, and Africa
Latin America
Asia-Pacific

2023
33%
36%
6%
7%
18%

2022
28%
40%
6%
7%
19%

Werfen's main areas of specialization, by business unit, are the following: Hemostasis, AcuteCare, Transfusion, Autoimmunity, and Transplant.
Werfen is the world leader in Hemostasis with approximately 30% of the market. This division
has experienced an increase of 0.6% in constant currency (a 3% decrease in 2022 compared
to 2021}. Likewise, Werfen ranks second in market share in the Acute Care Diagnostics market.
This division grew by 9.1% in 2023 in constant currency (3.2% in 2022). Werfen also holds thesecond position in the Autoimmunity market, with approximately 19% of the market. Thisdivision grew by 8.0% in 2023 in constant currency, after having grown by 5.8% in 2022. Finally,
with the acquisition of lmmucor, Werfen has also reached the second position in theTransfusion and Transplant markets.
The Group has ten main research, development, and manufacturing centers located in:
Bedford, Massachusetts, USA
Orangeburg, New York, USA
San Diego Autoimmunity, California, USA
San Diego Whole Blood Hemostasis, California, USA
Lli<;a d' Amunt, Barcelona, Spain
Norcross, Georgia, USA
Waukesha, Wisconsin, USA
Warren, New Jersey, USA
Munich, Germany
Sant Esteve de Sesrovires, Barcelona, SpainWERFEN, S.A. AND SUBSIDIARIES
Non-Financia! lnformation Statement far 2023
Code of Ethics

Werfen has a Code of Ethics approved by its Board of Directors, which sets out the guidelines
governing the ethical behavior of Werfen' s executives and employees in their daily work, withregard to their relationships and interactions with all its stakeholders. The guidelines far action
cover issues such as corruption and bribery, respect far people, professional development,
equal opportunities, relationships with collaborating companies, health and safety at work,and respect far the environment.
Werfen has joined the United Nations Global Compact, reinforcing its commitment to the
Global Compact's principies in the areas of human rights, labor, the environment, and anticorruption.
The
Code
of
Ethicsispublishedonthe
corporate
website(https://www.werfen .com/es/es/werfen-compliance). lt compiles and presents the guiding
principies, values, and ethical commitments that govern the performance of businessactivities and management of the businesses of all Group companies.
Werfen's values are:lntegrity. We strive to display open, honest, and ethical behavior in all re lationships withour customers, employees, suppliers, partners, the general public, and government
agencies.
Respect for people. We value the contribution, thoughts, ideas, differences, and diversitythat others contribute, and we show the utmost respect far everyone we deal with.
Honesty and humility. We try to be open, honest, and trustworthy and we listen to ali
those with whom we communicate, while building relationships of trust, both inside andoutside the organization . We aspire to be humble in how we approach our work andaccomplishments.
Leadership and management. We want to inspire and motivate our employees in theirwork by harmonizing their goals with the Werfen Vision and Strategy through frequent
formal and informal communications.
Teamwork. We know that we all make a unique contribution to the business, and we work

together to achieve our common goals, while helping others along the way and striving
to achieve high levels of performance in everything we do .
Achievement of results. We all take responsibility far achieving success and deliveringresults atan individual and team level. Knowing what is expected of us, we strive to excel
in everything we do.

WERFEN, S.A. AND SUBSIDIARIES

Non-Financia! lnfarmation Statement far 2023
Quality and excellence. Ali our practices, processes, and systems are designed to achieve

quality results that exceed the expectations of ali ou r stakeholders. We work to thestrictest standards in everything we do, and we hold others responsible far achieving thesame standards of excellence.
Customer centric. We involve our customers throughout the product development cycle
to ensure we deliver real value with our portfalio of solutions. We provide them with thesupport they need through constant communication, and we do ali of this because,behind every sample, there is a human being.
Ali these values are designed to achieve a common goal: improving patient care andmaintaining Werfen's good reputation and name, far the benefit of ali.
Ali Werfen employees must successfully complete an online course on the standards of theCode of Ethics. This course is conducted once ayear far ali new employees.
The main points developed in the Code of Ethics are:Werfen values
Werfen employees: recruitment, training, responsibilities, and conflicts of interest,
among others.
The relationship with customers, suppliers, and public administrations.
Werfen products
The environment, health, and safety
The Ethics Channel.

W ERFEN, S.A. AND SUBSIDIARIES

Non-Financia! lnfarmation Statement far 2023
Com pliance M anual

Werfen has had a Compliance Manual since 2018 . lt consists of a set of policies that describe
the desired and expected behavior of everyone who farms part of We rfen. These policies arebeing deployed and include mitigating actions fa r the most significant risks. The most notablepolicies are:Description

Objective

Anti -corruption policy

The purpose of this policy is to establish theguidelines far action that all Werfen companies
must fallow in arder to avoid the risks of any
farm of corruption in business.

Anti-discrimination and anti-abusepolicyThisdefines
Werfen'scommitment
toestablishing a policy of equal t reatment andrecruitment
processes,
opportunities
in
professional training, professional development,
working conditions, etc.

Policy on environmental risk
management

This ensures that the activities of Werfen's
companies comply with the current regulatory
framework on environmental protection.

Policy on general risk management
measuresThis defines the general organizational guidelinesthat Werfen adopts in arder to generate or
improve an organizational culture based on
ethical and regulatory compliance, in arder tocreategreater
security
far
employees,
shareholders, and other stakeholders.

Anti-money laun·dering policy

This guarantees that applicable laws on theprevention of money laundering and terrorist
financing will be fully respected in thedevelopment of Werfen's business activities.

Policy far managing the Ethics Channel
and interna! investigations

The purpose of this document is to establish theguidelines far action regarding queries and/or- -------------- - - - - - - - - --------------------~.?..~_p_l_~!-~ts rece ived _th rough th e -~-!-~!es Cha n n~!:__
These policies continue to be deployed, which means that they are being distributed to allareas of t he organization involved in such aspect s, complemented by t raining initiatives,
according to the role and hierarchy of each member of Werfen.

WERFEN, S.A. AND SUBSIDIARIES
Non-Financia! lnfarmation Statement far 2023
The controls defined in these policies have been included within the scope of work programsand the scope of Interna! Audit testing .
Ali the policies that farm part of the Compliance Manual are subject to periodic review toensure they are constantly adapted to regulatory changes and to possible events that might
affect their design or implementation, modifying the relevant protocols in each case andimplementing the corresponding training actions.

Risk management

In accordance with the Risk Management Policy, the administrative bodies and senior
management of the Group's entities adopt and promote a series of measures aimed atpreventing, detecting and managing the risk factors faced by Werfen . These factors are
identified and grouped according to the fallowing types, which include issues that aredeveloped in the fallowing sections of this document (environmental, social, and personnelrelated; anti-corruption and anti-bribery; human rights and social):a. Strategic and business risks.
b. Operational and technological risks.
c. Financia!, credit, counterparty and fiscal risks.
d. Compliance and criminal liability risks.
e.

Reputational risks .

Werfen's risk management model is based on faur levels:
1. The main responsibilities of the business areas that face risks in the course of their daily
activity are the fallowing: i) applying the compliance model defined by the management bodyof Werfen companies, ii) identifying and reporting possible risks not considered in that model,
and iii) reporting conduct that vio lates the provisions of the Werfen compliance model.
2. The main responsibility of the Compliance area is to define the regulatory andmethodological framework far identifying, quantifying and managing compliance and criminal
liability risks.

WERFEN , S.A. AND SUBSIDIARIES

Non-Financia! lnfarmation Statement far 2023
3. The Risk Officer's main responsibilities are to: i) provide a global and standardized view ofthe organization's risk levels, using far this purpose an interna! infarmation and control
system, and ii) ensure effective implementation of the model.
4. The Interna! Audita rea is responsible far verifying that the model is properly implemented
and complied with.

Ethics Channel

Werfen has had an Ethics Channel since 2016, which serves as an additional risk control
mechanism. lt is a direct and confidential communication channel available to not only Werfen
employees but also to other stakeholders who can use it to ask questions about complianceissues or to report possible breaches of the Code of Ethics or the interna! policies that
implement the Code .
In relation to the management of breaches reported through the Ethics Channel, Werfen has
updated its reporting management platfarm in accordance with European Union directive
2019/1937 on whistleblower protection and the transposition thereof into the Spanish legal
system through law 2/2023. In this update, Werfen opens up the possibility of breaches being
reported not only by Werfen employees but also by externa! third parties, and allows users todecide whether they wish to rema in anonymous and to make their reports by voice. This new
platfarm is now available at ali Werfen companies, with the exception of Werfen GmbH,pending agreement with the legal representatives of the employees.
Ali issues raised are processed in accordance with the provisions of the Management Policiesof the Ethics Channel and Interna! lnvestigations, in orderto investigate, resolve, and conclude
the necessary measures.
In 2023, 19 reports were received, of which 18 have been investigated and closed, and theremaining one is currently being investigated.

WERFEN, S.A. AND SUBSIDIARIES
Non-Financia! lnformation Statement fa r 2023

Ethics Channel 2023
■ Conflicts of interest■ Corruption, bribery, gifts andentertainment
Equal opportunities and nondiscrimination
Fraud■ Non-compliance with labour

regulations■ Sexual Harassment■ Workplace Harassment

Ethics Channel 2022

■ Discrimination■ Working Harassment■ Fraud

Conflict of interest■ CorruptionWERFEN, S.A. AND SUBSIDIARIES
Non -Financia! lnformation Statement far 2023
Environmental aspects of the activity

Werfen is aware of the need to manage and limit the potential environmental impact of its
activities in the setting where they take place. The Group, therefore, pays special attention toprotecting the environment.
The Environmental Risk Management Policy provides guidelines to ensure compliance withthe regulatory framework on environmental protection, the compatibility of Werfen' s
activities with sustainable development, and attention to other social requirements on thissubject. The Policy includes the following points:
Aspects related to the Environmental Management System (responsibilities related to thesystem, integration into business processes) .
Commitment to using processes, materials, services, and energies that contribute to
avoiding, eliminating, or reducing results that pollute or are hazardous to theenvironment, such as emissions, spills, radiation, noise and vibrations.
Consideration of enviran mental issues when selecting suppliers.
Special emphasis on proper waste management.
Control activities.
With regard to the certification of the environmental management systems in accordancewith ISO 14001, adapted to the 2015 benchmark, it should be noted that all the actions carriedout during the fiscal year by the Group worldwide are aimed at rigorously complying with theregulations in force at ali the facilities where the Group operates. Certification is subject toperiodic reviews by the competent authorities of each country. Ali Werfen companies are
ISO 9001/13485 certified, and the main production units, representing about 70% of Werfen'ssales, are ISO 14001/2015 certified , including the production and research and development
centers in Bedford and Orangeburg, USA, and the distribution centers at Tarancón, Spain, andRoncello, ltaly.
As part of the ISO 14001/2015 analysis, reports are prepared, thereby identifying the main
environmental aspects, as well as their impact, which is calculated based on an evaluation
system that is described below:

WERFEN, S.A. AND SUBSIDIARIES

Non-Financia! lnformation Statement for 2023
Description
A significant environmental impact has been identified. Control
High_ _ _ __________e~~cesses ora ma!!agement pr<?_~ram is requir~-~~----------------------------A moderate environmental impact has been identified. lt can beadequately controlled through existing work instructions, but
Mediumadditional control measures or management programs could berecommended.
---------------------------------- -- - - - - - ---------------------------------------Little or no identified environmental impact. No additional controlLowmeasures are required.
- - - - - - - - - - - ---------------- - -- - - - - - - - - - - - ------------------- - - - -According to the preceding table, no aspects classified as High/Significant without associatedcontrol mechanisms have been identified at any of the main Werfen production units.
Werfen owns property, plant, and equipment for environmental protection amounting to
1,015,000 euros (436 thousand euros in 2022), and it has incurred expenses for environmental
protection and improvement amounting to 2,146,000 euros (1,970,000 euros in 2022).
The total electricity consumption of ali Werfen companies was 53.4 million kWh (48.1 in 2022).
Of this consumption, 88% carne from renewable energy sources (92% in 2022). The main
reason for the increase in consumption and the decrease in percentage was the incorporationof lmmucor's facilities, which had a lower percentage of renewable energy.

Social and employee-related issues

For Werfen, it is essential to promete a quality work environment, based on respect, equal
treatment and opportunities, diversity, and personal and professional development. The Cedeof Ethics sets out the guidelines that must govern the ethical behavior of ali employees in their
daily work and, specifically, in their relationships and interactions with ali stakeholders.
Our employees are our greatest strength . For this reason, Werfen fosters professional skills,
encourages motivation and supports diversity. We want Werfen to be a "workplace of choice"thanks to its:
Business acumen.
Product development pipeline.
Personal and professional growth and development opportunities.
Pleasant working environment based on a spirit of teamwork, respect an d consideration .

WERFEN, S.A. AND SUBSIDIARIES

Non-Financia! lnfarmation Statement far 2023
Honest people.
Merit-based recognition.

Our actions are aimed at:Ensuring equal opportunities and non-discrimination far any reason in ali actions targetedat selecting and recruiting new employees, giving priority to talent and teamwork, which
are so necessary far the sustainable development of the business.
Fostering the careers of our employees at Werfen within the talent management andteamwork model, while providing them with ali the means and tools they need tostrengthen their skills and competencies.
Ensuring a motivating work environment that promotes the assimilation of a culture ofeffart, and transparently rewards individual and team initiative in relation to creation,
development and innovation in the different areas in which Werfen operates.
Promoting, facilitating and ensuring the effective implementation of flexibility
mechanisms that make it possible to achieve work-life balance and thus favor the humanand social development of people by guaranteeing an optima! organization of work time.
Maintaining constant contact with employee representatives and social movements,
thereby allowing feedback far decision making.
Werfen has a corporate software tool that helps it manage the afarementioned commitments,
among other objectives.
Interna! mobility is a basic pillar of our commitment to people, which is why opportunities far
interna! mobility is made available to employees through digital communication platfarms.

Employment trends

As of December 31, 2023, Werfen had a total of 7,095 employees (5,912 at December 31,2022}, a year-on-year increase of 20%. At December 31, 2023, the impact of the incorporationof lmmucor on the number of employees was 1,080.
At December 31, 2023, Werfen employed 3,210 women (2,659 at December 31, 2022),
equivalent to 45 .2% of the total employees (45.0% in 2022). At December 31, 2023, Werfen
employed 3,885 men (3,253 at December 31, 2022}, equivalent to 54.8% of the total Werfen
workfarce (55 .0% at December 31, 2022).

WERFEN, S.A. ANO SUBSIDIARIES

Non-Financia! lnfarmation Statement fa r 2023
The tables below show the distribution of employees by geographic area, age group andprofessional classification . The data refer to the final workfarce far the year. There are no
significant differences with the average wo rkfa rce registered during the year. lt should be
noted that, although the subsidia ry in New Zealand had no employees in 2022, it does havesorne this year, which is why it has been included in the report .

2023

2022

Employees%

Employees

%

342

5%

329

6%

2,808

40%

2,611

44%

66

1%

65

1%

Latin America

348

5%

347

6%

North America

3,142

44%

2,267

38%

389

5%

293

5%

7,095

100%

5,912

100%

2023

2022

913

733

Between 30 and 50

4,037

3,393

Over50

2,145

1,786

Total

7,095

5,912

China
Western Europe
Eastern Europe, Middle East, andAfricaRest of Asia-Pacific
Total

Under30

2023

2022

Senior Management

117

108

Managers

701

507

Technical staff

4,631

3,848

Clerical workers

833

725

Production operators

813

724

7,095

5,912

Total

WERFEN , S.A. AND SUBSIDIARIES

Non-Financia! lnformat ion St atement far 2023
The distribut ion of employees in 2023 and 2022 by country, gender and age group is thefollowing:
202 3 employees
Country2023 employees by age group

Women

Men

Total

Un der 30

30 t o 50

Ove r 50

Total

Germany

139

132

271

18

136

117

271

Australia

20

25

45

5

28

12

45

Austria

2

9

11

1

3

7

11

Belgium

8

18

26

2

16

8

26

Brazil

46

39

85

12

65

8

85

China

130

212

342

37

301

4

342

Colombia

29

21

50

11

37

2

50

South Korea

25

29

54

4

41

9

54

Spain

827

855

1,682

148

1,046

487

1,681

France

47

65

112

14

63

35

112

Hong Kong

15

11

26

2

19

5

26

Hungary

3

7

10

o

3

7

10

India

12

100

112

8

96

8

112

ltaly

157

2,582

415

30

217

169

416

Japan

24

97

121

o

70

51

121

Lithuania

5

8

13

1

5

7

13

Mexico

64

128

192

23

144

25

192

Netherlands

9

14

23

1

8

14

23

Poland

17

14

31

1

15

15

31

Portugal

72

73

145

6

93

46

145

UnitedKingdom

50

73

123

16

71

36

123

Czech Rep.

5

7

12

9

3

12

Switzerland

o

o

o

o
o

7

6

13

13

o
o

o

Thailandoo

13

Taiwan

6

12

18

1

12

5

18

USA

1,484

1,658

3,142

556

1,524

1,062

3,142

7

14

21

3

15

3

21

3,2 103,885

7, 095913

4,037

2, 145

7,095

UruguayTotal

WERFEN, S.A. AND SUBSIDIARIES

Non-Financia! lnformat ion Statement fa r 2023
2022 employees
Country2022 employees by age group

Women

Men

Total

Under30

30 to 50

Over 50

Total

Germany

93

89

182

8

82

92

182

Australia

18

23

41

4

25

12

41

Austria

2

8

10

2

1

7

10

Belgium

8

17

25

4

13

8

25

Brazil

43

40

83

14

63

6

83

China

129

200

329

37

289

4

329

Colombia

32

21

53

11

39

3

53

South Korea

23

29

52

5

39

8

52

Spain

860

832

1,692

175

1,056

461

1,692

France

34

49

83

10

53

20

83

Hong Kong

13

9

22

1

18

3

22

Hungary

3

7

10

1

4

5

10

India

9

56

65

2

58

5

65

ltaly

135

225

360

29

181

150

360

Japan

16

70

86

o

53

33

86

Lithuania

5

8

13

1

6

6

13

Mexico

59

133

192

27

142

23

192

Netherlands

7

14

21

o

7

14

21

Poland

17

14

31

1

16

14

31

Portugal

69

71

140

9

85

46

140

40

58

98

15

56

27

98

Czech Rep.

4

7

11

10

1

11

Switzerland

o

o

o

o
o

o

o

Thailand

7

3

10

1

9

o
o

10

Taiwan

6

11

17

1

12

4

17

USA

1,020

1,247

2,267

373

1,063

831

2,267

7

12

19

2

13

4

19

2,659

3,253

5,912

733

3,393

1,786

5,912

UnitedKingdom

UruguayTotal

WERFEN, S.A. ANO SUBSIDIARIES

Non-Financia! lnformation Statement for 2023
The following tables present the results of t he analysis of the types of contracts used in theGroup, by gender, age and professional classification, as well as the classification by type ofworking day:Type of contract
2023

2022

Permanent

Temporary

Total

Permanent

Temporary

Total

Women

3,088

122

3,210

2,533

126

2,659

Men

3,703

182

3,885

3,078

175

3,253

Total

6,791

304

7,095

5,611

301

5,912

%

96%

4%

100%

95%

5%

100%

Type of contract2023
Under30
Between30

and 50Over50
Total

2022

Permanent

Temporary

Total

Permanent

Temporary

Total

863

50

913

681

52

733

3,795

242

4,037

3,155

238

3,393

2,133

12

2,145

1,775

11

1,786

7,095

5,611

301

5,912

6,791

304

Type of contract
2023

2022

Permanent

Temporary

Total

Permanent

Temporary

Total

111

6

117

101

7

108

Managers

674

27

701

475

32

507

Technical staff

4,398

233

4,631

3,622

226

3,848

Clerical

796

37

833

696

29

725

812

1

813

717

7

724

6,791

304

7,095

5,611

301

5,912

SeniorManagement

workers
Production
operators
Total

WERFEN, S.A. AND SUBSIDIARIES

Non-Financia! lnformation Statement far 2023
Type of Working Day
2023

2022

Full-timePart-time

Total

Full-timePart-time

Total

Women

3,085

125

3,210

2,547

112

2,659

Men

3,871

14

3,885

3,239

14

3,253

Total

6,956

139

7,095

5,786

126

5,912

%

98%

2%

100%

98%

2%

100%

Type of Working Day
2023

2022

Full-timePart-time

Total

Full-timePart-time

Total

899

14

913

723

10

733

3,948

89

4,037

3,308

85

3,393

Over 50

2,109

36

2,145

1,755

31

1,786

Total

6,956

139

7,095

5,786

126

5,912

Under30
Between 30 and
50

Type of Working Day
2023

2022

Full-timePart-time

Total

Full -timePart-time

Total

117

o

117

108

o

108

Managers

699

2

701

506

1

507

Technical staff

4,565

66

4,631

3,789

59

3,848

Clerica l workers

793

40

833

693

32

725

782

31

813

690

34

724

6,956

139

7,095

5,786

126

5,912

SeniorManagement

Production
operators
Total

With regard to permanent intermittent employment contracts, during 2023 there were a totalof 223 dismissals. In 2022, the figure was 130 dismissals.
Of the total dismissals in 2023, 105 were men {73 in 2022) and 118 were women {57 in 2022).
The increase in dismissals is mainly dueto the discontinuation of two R&D projects at Biokit
R&D and one at lmmucor lnc. and to the restructuring of a production shift at Leventon S.A.

W ERFEN, S.A. AND SUBSIDIARIES

Non-Financia! lnfarmation Statement far 2023
By age group, a total of 32 permanent contracts were discontinued during 2023 in the under30 age group, 118 in the 30-50 age group, and 73 in the over-50 age group (comparable figu res
fa r 2022 were 18, 69 and 43 respectively) .
The fallowing table provides a breakdown of dismissals by professional classification:
2023

2022

Senior Management

8

6

Managers

17

28

Technical staff

139

72

Clerical workers

39

18

Production operators

20

6

Total

223

130

With regard to voluntary resig nations, there were a total of 615 in t he 2023 fiscal year (data
not included in the 2022 report).
Of the total voluntary resignations in 2023, 301 were men and 314 were women (data notincluded in the 2022 report) .
By age group, there were a total of 161 volunta ry resignations in the under-30 age group, 325
in the 30-50 age group, and 129 in the over-50 age group (data not included in the 2022
report).
The fallowing table provides a breakdown of voluntary resignations by professionalclassification:
2023
Senior Management

14

Managers

35

Technical staff

404

Cle rical workers

90

Production operators

72

Total

615

W ERFEN, S.A. AND SUBSIDIARIES

Non-Financia! lnformation Statement far 2023
With regard to new hires, there were a total of 1,007 in the 2023 fiscal yea r (data not includedin the 2022 report).
Of the total new hi res in 2023, 530 were men and 477 we re women (dat a not included in the2022 report).
By age group, there were a total of 337 new hires in the under-30 age group, 561 in the 3050 age group, and 109 in the over-50 age group (data not included in the 2022 report) .
The following table provides a breakdown of new hires by professional classification:
2023
Senior Management

8

Managers

67

Technical staff

593

Clerical workers

145

Production operators

194

Total

1,007

The average remuneration, expressed in thousands of euros, is the following:
Average remuneration by gender
2023
Women
Men

66,452
85,913

Average remuneration by age group2023
Under30
53,603
Between 30 and 50
70,244
Over50100,0312022
66,02285,8522022
45,53369,408104,115WERFEN, S.A. ANO SUBSIDIARIES

Non-Financia! lnfarmation Statement fa r 2023
Average remuneration by geographic area
2023

2022

Euro pe64,81862,936

USA

98,866

106,944

China

47,20847,639Rest of Asia -Pacific

53,26858,692Latin America

38,201

31,988Average remuneration by professional classification
2023
2022
Senior Management

388,055

404,625

Managers

130,230

137,813

Technical staff

69,382

69,061

Clerical workers

60,62860,429Production operators

47,44843,787

The average remuneration of directors (individuals) and of sen ior management, broken down
by gender, is the fallowing (data in thousands of euros):
2023
2022
No. ofpeopleAverageremuneration

peopleAverageremuneration

Tot al121383,656

112

398,701

Women

31

259,88529

274,905Men

90

426,28883

441,954

No . ofThe wage gap is 7.5% far 2023 (5 .3% in 2022), obtained by weighting the wage gaps (excessof the average remune ration of men over that of women divided by the average remunerationof men) of each group of employees in the same age group and professional category in eachgeographic a rea , based on the relative we ight of the number of employees in each gro u p.
lmmucor, acquired by Werfen in Ma rch 2023, has cont ributed a total of 1,080 employees t o
Werfen' s total workfarce as of December 31, 2023, which is the main reason far the increasein the wage gap at December 31, 2023 compared to December 31, 2022.

WERFEN , S.A. AND SUBSIDIARIES

Non-Financia! lnfarmation Statement fa r 2023
Digital disconnect

In sorne of the countries in which Werfen operates (Spain, Portugal, France, ltaly, Colombia,
Mexico, etc.), there are local regulations regarding the employee's right to digital
disconnection from the employer. Werfen complies with all local regulations in this regard
and, in the case of Spain in particula r, with the provisions of Article 88 of Organic Law 3/2018.

Training

Training is a key element far Werfen . During the year ended at December 31, 2023, a total of
719 thousand hours of training was provided (an estimated 795 thousand hours of training
was provided in 2022) . The distribution by professional classification is the fallowing:2023 hou rs

2022 hours

Senior Management

28,76015,894

Managers

43,14147,683

Technical staff

373,886

445,044

Clerical workers

14,38015,894

Production operators

258,844

270,205

Total

719,011794,722

Health and safety

Werfen's activities are planned and carried out with the safety, health and well-being ofpeople being the critica! and most important aspect. Health and safety at work, as set farth in
the Code of Ethics, constitutes a strategic and inalienable commitment far the Group, whichis embodied in:
Taking measures aimed at complying with local laws on this matter.
Ensuring that any potential risk situation that could affect workers or the safety of the
facilities is notified, evaluated and managed as efficiently as possible.
Working to maintain a risk-free work environment by integrating occupational risk theprevention and actions to protect and promote health and well-being into business
management.

W ERFE N, S.A. AND SUBSIDIARI ES

Non-Financia! lnformation Statement far 2023
The number of hours of absence was 294,138 in 2023 (compared to 279,217 in 2022). Of thistotal , 276,967 hours of absence were dueto common illnesses (270,992 in 2022), 158 were
dueto occupational illnesses (O in 2022), and the remaining 17,013 we re dueto work-related
accidents (8,226 hours in 2022).
Women accounted far 19 of the 158 hours of occupational illness absence in 2023 and men
far 139 (there were no hours of absence due t o occupational illness in 2022) .
The summary statistics of accidents at work are the following :
2023

2022

Women

Men

Total

Women

Men

Total

Total no. of accidents

41

30

71

37

24

61

Frequency rate (* )

7.11

4.43

5.66

7.70

4.10

5.72

Severity rate (** )

0.17

0.18

0.17

0.14

0.07

0.10

No . hours w orked) x 10 6

* Fre qu ency rat e: (No. accidents /**Seve rity rat e: (N o. of days lost / No . of hours worked) x 10 3

There were no work-related fatalities in 2023 (data not included in the 2022 report).

Social relat ionsWerfen has interna! communication mechanisms in place to both inform all employees and togather their opinions and perspectives. This allows decisions to be made in accordance withthose opinions and actions to be taken to comply with local legislation on social relations.
Werfen employees in the following countries are covered by a collective ba rgaining
agreement: Spain, ltaly, Portugal, Austria, France, Mexico, Belgium, South Korea, Brazil, andUruguay; which is approximately 40% of Werfen's global workforce (49% of Werfen's
workforce in 2022). In addition, there are formal works councils in most of the subsidiaries in
Spain, ltaly, Germany, France, Mexico, Lithuania, Portugal, Brazil, South Ko rea , and HongKong.
We consult, inform and negotiate with our employees ' legal representatives aspects that havea significant impact on them. Werfen has other mechanisms and procedu res t o promote
employee involvement in the management of the company, including:WERFEN, S.A. ANO SUBSIDIARIES

Non-Financia! lnfarmation Statement far 2023
Werfen Voices: a survey of all employees is conducted every two years, with aparticipation of around 88%. The employees respond to questions that include anevaluation of the company's leadership, management, communication and collaboration,
as well as their degree of satisfaction and commitment to the company. The survey results
are shared at the level of each organizational unit, and action plans are defined withinitiatives to improve aspects with lower seores. Employees are involved in implementing
these action plans.
Focus groups : befare launching new HR processes and programs at a global level,
meetings and questionnaires are used to gather opinions, perspectives and suggestions
far their design and implementation. These are incorporated into the final developmentof the program.
lnnovation initiatives are encouraged at the local level through committees that gather
employee initiatives to optimize and improve existing processes and products, and tolaunch new processes and products. After an initial evaluation, the initiatives selected aredeveloped under the supervision of a committee member and presented to theManagement Committee, which decides on their implementation .
In the field of occupational health and safety, the collective bargaining instruments applicableto Werfen's main subsidiaries regulate the operation of the applicable preventive action
mechanisms, such as health and safety committees or similar, prevention services and plans,required training actions, etc.
Effarts in this area are aimed not only at complying with current regulations but also atpromoting a prevention-based culture. As examples of measures that go beyond merecompliance, the agreements of severa! of our subsidiaries include aid far prívate healthcoverage and expanding medical examinations to tests of a general nature that are not strictly
related to monitoring health far a specific job position.

Equality and accessibility

Werfen encourages non-discrimination by reason of birth, race, gender, religion, opinion, or
any other personal or social condition or circumstance of its employees, as well as equal
opportunities, while paying special attention to diversity and including people with different
abilities.
The companies in the Group have interna! processes that encourage employees to apply far
internal vacancies and continue their professional development without making a distinctionWERFEN, S.A. AND SUBSIDIARIES

Non-Financia! lnformation Statement far 2023
between gender. These internal processes promote employee diversity and the transfer oftalent between the Group's various companies. There are formal values that are common to
the Group, which promote respect and avoid discrimination, in addition to formal action
protocols that protect employees in the event of any type of harassment. The Code of Ethics
describes the responsibilities that the Group's staff members must comply with at all times inthis regard.
During the year, the Group continued to implement actions on equality between men andwomen, aimed at complying with local laws, as well as universal accessibility far people withdisabilities.
The equality plans signed to date far the Group's Spanish companies, which cover more thanhalf of the workforce in Spain, provide measures in areas such as training and information,communication and non-sexist language, recruitment and promotion, the prevention ofharassment and the detection of cases of gender-based violence, work-life balance, and thewage gap.
Within the framework of the Group's commitments to diversity, it aims to avoid physicalbarriers in arder to facilitate the effective integration of employees with disabilities. During2023, the number of employees with a disability was 64 (36 employees in 2022).

Respect for human rights

As Werfen is committed to improving the health and well-being of people in all the regions inwhich it operates, it seeks to provide knowledge, management capacity, and innovation, anddedicates a part of its profits to social investment.
The Group demonstrates its commitment to respecting the inherent rights of all people inaspects such as:
equal treatment and opportunities,emphasis on health and safety in its operations,promoting strict compliance with legislation in every area, including labor,
promotion of training, science awareness, and education in general,
extending work-life balance measures, andin general, the principies set forth in the anti-discrimination and diversity promotion
policy.

W ERFEN, S.A. AND SUBSIDIARIES

Non-Financia! lnformation Statement far 2023
No reports of human rights violations were received in fiscal year 2023.

Anti-corruption and bribery

The Anti-Corruption Policy sets forth the principies that must guide the conduct of all
employees and administrators of Werfen companies with regard to preventing, detecting,investigating and remedying any corrupt practice within the organization.
Interna! guidelines emphasize the need to transmit the Group's culture of integrity withrespect to compliance with all anti-corruption legislation and with the principies on which it isbased. Any possible breaches are analyzed in accordance with interna! procedures, legal
regulations and current agreements.
During the 2023 fiscal year, Werfen continued its online training program on the Compliance
Manual, launching three new courses focused on reinforcing awareness of its various aspects.
Moreover, 104 live sessions were held (using the Teams platform) to refresh requirements far
interactions with healthcare professionals and organizations, as well as management of thereporting channel. A total of 2,224 employees participated in these 104 training sessions.
Highlights of the actions carried out during the year by the Group in the area of anticorruption , aimed at complying with the local laws on this matter, include the following:
Monitoring possible modifications in the codes of conduct of the main industrial
associations of which Werfen or its companies are members, thereby ensuring thatinterna! protocols remain adapted to those codes, while also maintaining the existingcertifications in this regard.
AII Group companies have strictly adhered to the indirect sponsorship model to financially
support educational events organized by third parties far promoting science awarenessin areas of relevance to Werfen.
Publication of the training grants awarded to customers, in accordance with the laws inforce and the codes of conduct of the Industrial associations of which we form part.

Werfen has had a due diligence procedure far business partners in place since 20 16. The
procedure defines the obl igations of business partners and Werfen's admission policies,
thereby implementing the requirements of our Anti-Corruption Policy and our Anti-money
Laundering Policy. During fiscal 2023, Werfen initiated a project to upgrade the due diligence

W ERFEN, S.A. ANO SUBSIDIARIES

Non-Financia! lnfarmation Statement far 2023
technology platfarm, which is expected to be completed during the first quarter of 2024. The
analysis of 152 new distributors has also been completed.
Fiscal year 2023 witnessed the consolidation of the compliance audit program far business
partners . During fiscal year 2023, a total of 30 audits were completed, covering the main
geographic areas in which Werfen operates through distributors (e.g., Latín America, AsiaPacific and the Middle East). A total of 10 of these audits were conducted on site, and theremainder were done remotely. Far 2024, the plan is to continue this program, with a scopeof 30 new companies to be audited and an increase in the number of on-site audits.
During 2023, the contributions made to faundations and non-profit organizations amounted
to approximately 0.7 million euros (9.3 million euros in 2022).
No sponsorship activities were carried out during fiscal years 2022 and 2023.

Subcontracting and suppliers

Every Werfen company has officially approved product and/or service providers whose
capacity has been initially supervised and subsequently monitored by each company. This isali framed within interna! procedures far the continuous evaluation of suppliers within the
Quality Systems, based on ISO 9001:2015 and/or ISO 13485/2016.
The supplier evaluations by Werfen companies with ISO 14001 certification include verifying
whether suppliers have environmental certification such as ISO 14001 or similar.
Consequently, based on the criticality and type of supplier, they are evaluated either throughthe documentation provided or, in the case of critica! suppliers, by on-site audits.
The number of quality audits conducted in 2023 is detailed below (2022 is included far
comparison purposes).
2023

2022

Favorable Result

90

72

Unfavorable Result
Total

1
91

o
72

In 2023, 22 of the 91 audits were conducted remotely.

W ERFEN , S.A. ANO SUBSIDIARIES

Non-Financia! lnformation Statement for 2023
In the event that the result of an audit is unfavorable, a corrective action plan is agreed withthe supplier to resolve the detected issues or the supplier is dropped .

Con sume rs

Ali the products manufactured and marketed by Werfen companies are intended for use byprofessionals, mainly in the healthcare, research and industrial sectors .
The manufacturing of medica! devices and medica! devices for specialized diagnostics is highly
regulated. Products are therefore designed and manufactured based on applicableinternational and other laws, and in accordance with the product's function, date of
manufacture and markets: Directive 93/42/EC and Regulation 2017 /745 on medica! devices,
Directive 98/79/EC, and Regulation 2017 /746 on Specialized Diagnostics Products, FDA
US 510k, China NMPA, etc.
Werfen ' s companies have their own Monitoring System to control the use and possible
adverse events of Medica! Devices and Medica! Devices for Specialized Diagnostics throughout
their life cycle on the market.
Ali the requirements and processes of the Monitoring System are described in the procedures
integrated in the Quality Systems based on ISO 9001:2015 and/or ISO 13485:2016, and they
are updated periodically in the event of changes t o applicable legislation .
For Medica! Devices or Medica! Devices for Specialized Diagnostics, there is an obligation to
include technical data and information on the use of the products on their respective la beis,
specifications, instructions for use, or user manuals . This documentation, aimed at users of
the products, is prepared in accordance with legislation and paying special attention to thepotential risks of the product and possible mitigations based on the EN ISO 14971:2012
standard .
AII Werfen companies have a system for registering and resolving complaints received fromusers of the products regarding product quality.
Following the specific procedures in the Quality Systems, each claim is documented andinvestigated by qualified personnel and the respective actions are implemented . These actions
may involve corrections, corrective actions and/or preventive actions according to each case.

W ERFEN, S.A. ANO SUBSIDIARIES

Non-Financia! lnformation Statement far 2023
Werfen manufacturing centers handled 130,896 claims in 2023 (87,777 in 2022). lt should be
noted that the increase in claims compared to the previous year is mainly due to theacquisition of lmmucor.
Werfen companies have a System in place t o Recall Products from the Market if so requiredby the product manufacturer ora competent authority.
These procedures, included within the Quality System, ensure that the affected products aredetected, that customers are informed, and that the affected units are recalled from themarket in arder to minimize risks. When necessary, the competent health authorities are
informed of product recalls.
This activity is reviewed periodically through internal audits.

Tax lnformat ion

Werfen gives priority attention to complying with the letter and the spirit of ali tax regulations
in force in each of the countries in which it operates.
Werfen's tax policy, approved by the Board of Directors, encompasses a series ofcommitments such as not transferring the value created to low-tax jurisdictions, avoiding tax
structures that are not commercial in nature, and prohibiting tax evasion through the use of
secrecy jurisdictions and/or tax havens, among others.
Far the fiscal years ended December 31, 2023 and 2022, the following table shows thebreakdown (in thousand euros) of the profit (loss), befare corporate income tax, earned by
the Werfen subsidiaries in the countries in which they operate, as well as the corporate
income tax actually paid.
2023

2022

Profits (Loss)befare Tax

Corporatelncome Tax
PaidProfits (Loss)befare Tax

Germany

9,317

2,372

3,824

979

Australia

1,710

239

1,630

102

Austria

796-3,077

1,431

49

Belgium

1,369

92

474

248

Brazil1,550-86-2,0997

Corporatelncome Tax Paid

WERFEN, S.A. AND SUBSIDIARIES

Non-Financia! lnfarmation Statement far 2023
2023

2022

Profits (Loss)befare Tax

Corporatelncome Tax
PaidProfits ( Loss)befare Tax

Canada-6,626

-119

764

330

China

14,066

1,978

27,7707,931

Colombia

-531

-68

-1,705

192

South Korea

899

45

-238

76

Spain

124,660

27,980172,745

55,244

France

2,162

25

1,261

1,066

Greece

339

o

-55

o

Hong Kong

876

168

-372

28

Hungary

131

47

208

36

India

927

289

373

613

ltaly

40,594

12,394

37,631

6,244

Japan

1,745

444

1,598

253

199

14

91

17

Lithuania
MexicoCorporatelncome Tax Paid

10,677

3,476

9,188

743

New Zealand

-80

o

12

o

Netherlands

426

-36

208

140

Poland

456

129

338

15

Portugal

3,787

860

4,592

145

United Kingdom

4,324

388

1,502

248

Czech Rep.

203

66

273

15

Switzerland

5,893

940

4,556

388

Thailand

-30

o

o

Taiwan

211

o
o

9

89

Uruguay

727

-25

609

-97

-334,006

21,04666,801

27,940103,044

USA
Total

69,577In FY 2023, grants in the amount of 7,568 euros were received by Werfen subsidiaries frompublic bodies (257,213 euros in 2022).

WERFEN, S.A. ANO SUBSIDIARIES
Non-Financia! lnformation Statement for 2023
APPENDIX l. Table of reference to the reguirements of Law 11/2018

For the 2023 fiscal year, this Non-Financia! lnformation Statement (NFIS), which is part of theConsolidated Management Report for the 2023 fiscal year for Werfen, S.A. and its subsidiaries,
complies with the general provisions of Law 11/2018, of December 28, which amends Articles
44 and 49 of the Spanish Commercial Code regarding non-financia! information and diversity.
The standards of the Global Reporting lnitiative listed in Appendix I of this Non-Financia!
lnformation Statement provide a reference framework.

Areas

Content

Business modelA brief description of thegroup's business model,
which w ill include:l.) lts bu siness environment,
2.) its organization andstructure,3.) the markets in which it
operates,4.) its objectives andstrategies,
S.) the main factors andtrends that may affect its
future evo lution .
A description of the group's
policies on these issues,
which will include:l.) the due diligenceprocedures applied to
identify, evaluate, preventand mitigate risks andsignificant impacts;
2.) the verification andcontro l procedures,
including what measures
have been adopted.
The principal risks related tothose issues linked to thegroup's operations,
including, where relevant
and proportionate, its
business relationships,
products or services that arelikely to cause adverse
impacts in those areas .

Policies

Risks

Related GRI
standards

Page of the 2023 NFIS

2-1, 2-6

1, 2, 33-3

4,5, 6, 7

3-3, 207-2

6,7,8

Limitations /OmissionsWERFEN, S.A. ANO SUBSIDIARIES
Non-Financia! lnformation Statement far 2023

Areas

Content

Key non-financia!
performanceindicators

Key non-financia!
performance indicators thatare re levant to the specificbusiness activity and thatmeet the criteria ofcomparability, materiality,
relevance and rel iabi lity.

Environmental
issuesGlobal Environmentl.} Deta il ed information
about the current andforeseeable effects of thecompany' s activities on theenvironment and, whereappropriate, on health andsafety and on environmental
evaluation or certification
procedures;
2.) The resources allocatedto preventing environm enta lrisks;
3.) Appl ication of the
precautionary principie, theamount of provis ions andguarantees forenvironmenta l risks. (e.g .,derived from theenvironmental respons ibility
law).

Related GRI
standards

Page of the 2023 NFIS

2-7, 201-4, 405-1,
405-2, 413-1

8, 9, 10, 14, 15, 16, 17, 18, 19,20,21,22
23,25,26,30,31

3-3, 2-23

10,11,12,13

Pollution

Measures to prevent, reduceor repair carbon emissio ns
that seriously affect theenvironment; taking into
Not materia laccount any form of air
po llut ion specifi c toan
activity, including noise andlight pol lution .
Circular economy and waste prevention and management
Circular economy
Waste: Measures on
prevention, recycling, reuseand other form s of waste
recovery and disposa l;
Action s to comb at foodwaste .

-

Not material-

Not material-

Not material-

Limitations /OmissionsWERFEN, S.A. AND SUBSIDIARIES
Non-Financia! lnformat ion Statement far 2023

Areas

Content

Related GRI
standards

Page of the 2023 NFIS

Not material-

Not material-

Not materia l-

Not material-

Not material-

Not material-

Not material-

Not material-

3-3, 2-7, 405-1

14, 15, 16, 17, 18, 19,20,21,22

Sustainable use of resources

and water consumption andsupp ly in accordance w ith
local limitations;
Consumption of raw
materia Is and the measures
adopted to improve
efficiency in the use thereof;
Direct and indirect energy
consumpti on, measurestaken to improve energy
efficiency and the use ofrenewable energy.
Climate Change

The relevant elements ofgreenhouse gas emissions
generated as a result of thecompany's activities,
including use of the goods
and services it produces;
Measures taken to adapt tothe consequences of cl im atechange;The reduction goals
estab li shed vo luntarily in themedium and long term to
reduce greenhouse gas
emissions and the meansthat are implemented forthis purpose.

Protection of biodiversity

Measures taken to preserveor restare biodiversity;
lmpacts ca used by activities
or operations in protectedareas.

Social andemployee-related
issuesEmployment

Total number anddistribution of employees bygender, age, country andprofessional classification;

Limitations /OmissionsWERFEN, S.A. ANO SUBSIDIARIES
Non-Financia! lnformation Statement far 2023

Areas

Related GRI
standards

Page of the 2023 NFIS

2-7

18

2-7, 405-1

17,18

2-7

18,19

405-2

20,21

405-2

21

3-3

21

3-3

22

405-1

25

Organization of work time

3-3

26,27

Number of hours of absence

403-2

23

3-3

22,23,24

3-3

22.23

Content

Total number anddistribution of types of
employment contracts,
Annual average ofpermanent, temporary andpart-time contracts bygender, age and professionalclassification,
Total number of dismissa ls
by gender, age andprofessional classification;
Average sa laries and theevolution thereof broken
down by gender, age andprofessio nal classification orequal value;
Wage gap, remuneration forthe same job position or the
average remuneration in thecompany,
The average remuneration of
directors and executives,
including variable
remunerat ion , expense
allowances, compensations,payment to long-termsavings or pension systems
and any other wage concept
received, broken down bygender,lmp lementation of right-todisconnect policies,
Employees w ith disabil ities.
Organization of work

Measures designed tofacilitate work-life balanceand promote the exercise ofco-responsibility by bothparents .
Health and safety
Health and safety conditions
at work;

Limitations /OmissionsW ERFEN, S.A. AND SUBSIDIARI ES
Non-Financia! lnformation Statement far 2023

Areas

Related GRI
standards

Page of t he 2023 NFISWork accid ents, in parti cul arth eir frequency and severit y,

403-2

23

Occupa t ional di seas es,
broken down by gender.

3-3

23

3-3

23,24,25

2-30

23,24

3-3

23,24

3-3

26,27

3-3

22

3-3

25,26

3-3

25,26

3-3

25,26

3-3

6, 26

Content

Social relations

Organ ization of social dia log,
includ ing procedures for
informi ng, con sult ing andnegotiating with personnel ;Percentage of employees
cove red by co llective
bargaining agree ments, by
co untry;
The assessment of collective
agree ments, parti cul arly int he field of hea lth and safety
at work.
Training
Po licies imp lemented in th efi eld of training;
The total number of tra ining
hours by professiona l
cat egory.
Universal accessibility forpeople with disabilities
Equality

Measures ta ke n to prometeequa l treatm ent andopportun itie s betwee n
women and men ;Equa lity plan s (Ch apter 111of
Organ ic Law 3/2007, ofMarch 22, for the effect ive
equa lity of wom en andmen) , measures adopted topromete employm ent,
protocol s aga inst sexual andgender-base d harass ment,
integration and universal
access ibility for people withdisabil it ies;
The QQ.l.ky aga inst all typesof discrim inat ion and, whereappropri at e, for dive rsity
management.

Limitations /OmissionsWERFEN, S.A. ANO SUBSIDIARIES
Non-Financia! lnformation Statement for 2023

Areas

Content

Respect for humanrightsHuman rights

Anti-corruption andbribery

Society

Application of due diligenceprocedures on hum an rights.
Prevention of the risks ofhuman rig hts violation s and,
where appropriate,measures to mitigate,
manage and repair possible
abuses that are committed;
Complaints dueto cases ofhuman rights violations;
Promotion of andcompliance with theprovi sion s of thefundamental conventions of
the lnternational Labour
Organization related torespect for the freedom of
association and the right tocollective bargaining;
The elimination of
discrimination in
employment andoccupation;
The elimination of forced orcompulsory labor;
The effective abolition ofchild labor.
Corruption and bribery

Related GRI
standards

Page of the 2023 NFIS

3-3, 2-23, 2-26

25,26

406-1

8,9

3-3

23,24,25

3-3

23,24,25,26

3-3

25,26

3-3

25,26

3-3, 2-23, 2-26,
Measures taken to prevent
205-2
corruption and bribery;
Measures to combat money
205-2
laundering,Contributions to foundations
413-1
and non-profit entities.
Company commitments to sustainable development
The impact of the company's
activity on employment andlocal development;
Th e impact of the company's
activity on local populations
and on the t erritory;

26,27,28
27
28

Not material-

Not material-

Limitations /OmissionsWERFEN, S.A. ANO SUBSIDIARIES
Non-Financia! lnformation Statement far 2023

Areas

Related GRI
standards

Page of the 2023 NFIS

Relationships with agents inloca l communities and theforms of dia log with them;Not material-

Association or sponsorship
actions .

2-28

28

2-6, 3-3

28

3-3

28

Measures for the hea lth andsafety of consumers;

3-3

29

Compla int systems,
comp laints received, and theresolution thereof.

3-3

29,30

3-3

30,31

3-3

30,31

201-4

31

Content

Limitations /Omissions

Subcontracting and suppliers

The inclusion of socia l,gender equality andenvironmental issues in thepurchasing po licy;
Consideration of the socia land environmenta l
responsibility of suppliers
and subcontractors in ourre lationships with them;Monitoring and audit
systems and their resu lts.
Consumers

Tax lnformation

Profits earned, country bycountry;
Corporate lnco me Tax Paid;
Public grants received.

-