Werfenlife, S.A. and subsidiaries
Non-Financial Information Statement for 2021

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021
Business Model
Werfenlife, 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 name once again, to its current name,
WerfenLife, S.A. Its registered office is at Plaça Europa 21-23, L’Hospitalet de Llobregat,
Barcelona.
The Parent Company’s main business activities is the formation of companies and theacquisition of equity holdings, 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, manufacturing, and distributionof specialized products in health and life sciences. With a direct presence in more than 30
countries and ongoing and major investments in research, development and innovation,
Werfen is currently a worldwide leader in its specialized areas of activity. In addition, theParent Company provides services to the various companies that form a part of Werfen, suchas services relating to senior management, legal and tax advice, communication, and financial
systems.
The main subsidiaries of Werfenlife, S.A. are the following:
•

•

•

•
•

Instrumentation Laboratory, S.p.A., based in Milan (Italy), whose main businessactivities include the production of reagents for in specialized diagnostics and the sale andsupply of reagents and instruments for clinical diagnosis to hospitals, medical laboratories, anddistributors.
Werfen Italy Investments, S.R.L., based in Milan (Italy), which groups together the equity
holdings in most of the subsidiaries that operate in the Specialized Diagnostics activity,
previously held by the company Instrumentation Laboratory, S.p.A.

Instrumentation Laboratory, Co., based in Bedford, Massachusetts (USA), whose main
business activity is the research, development, manufacturing, and sale of specialized
diagnostics instruments and reagents for use mainly in hospitals and clinicallaboratories.
Biokit, S.A., based in Lliçà d’Amunt, Barcelona, whose main business activity is the
manufacturing and sale of reagents for analysis in the medical and healthcare field.
Inova Diagnostics, Inc., 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 hospitals, clinical laboratories, and distributors.

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WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021••

Werfen España, S.A.U., based in L’Hospitalet de Llobregat, Barcelona, whose main businessactivity is the supply and sale of instruments and reagents for specialized diagnosis to hospitals
and clinical laboratories in the Spanish market.
Werfen Medical Device Co, Ltd. (Beijing), based in Beijing, China. Its main business activity is
the sale of instruments and reagents for clinical diagnosis in the Chinese market.

Werfen’s activities are grouped into two main segments:- Specialized Diagnostics- Medical Devices
In 2021, Specialized Diagnostics accounted for approximately 90.3% of its revenue (88.9% in2020). It is engaged in the research, development, manufacturing, and distribution ofdiagnostics systems used in hospitals and clinical laboratories. Its products include
instruments, reagents, and software, as well as quality controls.
The second segment, Medical Devices, accounted for approximately 9.7% of revenue in 2021
(11.1% in 2020). In this segment, the company is engaged in marketing a wide range of
products in the fields of medical devices and life sciences, with its own line of flow regulatorsand elastomeric pumps for therapeutic infusion.
Werfen’s total revenue is broken down by geographic area as follows:

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

2021
25%
47%
6%
6%
16%

2020
25%
49%
6%
6%
14%

Werfen’s main areas of specialization, by business unit, are the following: Hemostasis, Acute
Care Diagnostics, and Autoimmunity.
Werfen is the world leader in Hemostasis with approximately 29% of the market, and growthof 20% compared to 2020. Werfen is in second position in the Autoimmunity market withapproximately 19% market share, an increase of 21.1% in 2021 compared to 2020, after fallingby 7.3% in 2020. Werfen ranks second worldwide in Acute Care Diagnostics, with growth of
11% in 2021 compared to 2020.
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WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021

The Group has seven 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
Lliçà d´Amunt, Barcelona, Spain
Munich, Germany
Sant Esteve de Sesrovires, Barcelona, Spain

Effects of the COVID-19 pandemic.
Due to the sector in which Werfen operates, the global healthcare crisis in 2020 and 2021
has not had any negative effects on the employment levels of the group, although it has
naturally affected the way work is organized.
There have been three main priorities that have determined Werfen’s actions in this setting:-

Employee health and safety.
Ensuring that we follow through on our commitment to patients and our customers,
considering that many of our products are essential in the fight against the pandemic.
Complying with the instructions and recommendations of the health authorities of thecountries in which we operate.

The measures implemented remained similar to 2020, although they became less intense as
the situation stabilized, adapting to the successive waves of the pandemic:
•
•
•
•
•
•
•

Working from home and limitations on travel and other journeys

Capacity limitations.
Establishment of rotating shifts for essential personnel.
Staggered workday start and end times.
Limitation of in-person meetings and visits and use of elevators.
Temporary separation between shifts to avoid contact and to facilitate the cleaningand disinfection of facilities.
Ventilation improvements, the use of temperature scanners, the supply ofhydroalcoholic gel dispensers, and reinforcement of cleaning protocols.
3

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021••

Raising awareness through signs at facilities and training. Rules regarding the use ofmasks and other personal protective equipment, in addition to social distancing
protocols.
Definition of protocols for action if symptoms are detected, if there is a positive test,
or in the event of close contact with a diagnosed person (quarantine, traceability,etc.).

In this context, seeking to maintain adequate levels of communication within theorganization has been a major challenge for both performance and people’s emotional wellbeing, ensuring that aspects such as work-life balance, people at risk, and access to medical
services and diagnostics, if necessary, are properly addressed.
Code of Ethics
Werfen has a Code of Ethics approved by its Board of Directors. This establishes 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 for action
cover issues such as corruption and bribery, respect for people, professional development,
equal opportunities, relationships with collaborating companies, health and safety at work,and respect for the environment.
Werfen has joined the United Nations Global Compact, reinforcing its commitment to the
Global Compact’s principles in the areas of human rights, labor, the environment, and anticorruption.
The
Code
of
Ethicsispublishedonthe
corporate
website(https://www.werfen.com/en/v2/about-werfen). It compiles and presents the generalprinciples, values, and ethical commitments that govern the performance of businessactivities and management of the businesses of all Group companies.

4

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021
Werfen’s values are:
-

-

-

-

-

-

-

Integrity. We strive to display open, honest, and ethical behavior in all relationships 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 for everyone we deal with.
Honesty and humility. We try to be open, honest, and trustworthy and listen to all thepeople with whom we communicate, while building relationships of trust, both within andoutside of 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 objectives with the Werfen Vision and Strategy throughfrequent 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 for achieving success and deliveringresults at an individual and team level. Knowing what is expected of us, we strive to excel
in everything we do.
Quality and excellence. All our practices, processes, and systems are designed to achieve
quality results that exceed the expectations of all our stakeholders. We work according to
the strictest standards in everything we do, and we hold others responsible for achieving
the same standards of excellence.
Customer centric. We involve our customers throughout the product development cycle
to ensure we deliver real value with our portfolio of solutions. We provide them with thesupport they need through constant communication, and we do all of this because,behind every sample, there is a human being.

All these values are designed to achieve a common goal: improving patient care andmaintaining Werfen’s good reputation and name, for the benefit of all.

5

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021
All Werfen employees must successfully complete an online course regarding the standardsof the Code of Ethics. This course is conducted once a year for all 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.

Compliance Manual
Werfen has had a Compliance Manual since 2018. It consists of a set of policies that describe
the desired and expected behavior of everyone who forms a part of Werfen. These policies
are being deployed and include mitigating actions for the most significant risks. The mostnotable policies are:Description
Anti-corruption policy

Anti-discrimination
policyPolicyonmanagement

ObjectThe objective of this policy is to establish theguidelines for action that all Werfen companies
must follow in order to avoid the risks of any
form of corruption in business.
andanti-abuse This defines Werfen’s commitment toestablishing a policy of equal treatment andopportunities in recruitment processes,
professional training, professional development,
working conditions, etc.
environmental
risk This ensures that the activities of Werfen’s
companies comply with the current regulatory
framework on environmental protection.

6

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021
Policy on general risk management This defines the general organizational guidelines
measuresthat Werfen adopts in order to generate or
improve an organizational culture based on
ethical and regulatory compliance, with theobjective of generating greater security for
employees,
shareholders,
and
other
stakeholders.
Anti-money laundering 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 for managing the Ethics Channel The objective of this document is to establish theand internal investigations
guidelines for action regarding consultations
and/or complaints received through the ethics
channel.
These policies continue to be deployed, which involves them being distributed to all areas ofthe organization that are involved in such aspects, complemented by training initiatives,
according to the role and hierarchy of every member of Werfen.
The controls defined in these policies have been included within the scope of work programsand the scope of Internal Audit testing.
All the policies that form a 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, therefore modifying the relevant protocols in each caseand implementing the corresponding training actions.
Risk management
In accordance with the Policy on general risk management measures, the administration
bodies and senior management of the Group’s entities adopt and promote a number ofmeasures aimed at preventing, detecting, and managing the risk factors faced by Werfen.
These factors are identified and grouped according to the following types, which include issues
related to the aspects that are developed in the following sections of this document(environmental and social aspects and those related to personnel, related to the fight against
corruption and bribery, and related to human rights and society):
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WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021

a. Strategic and business risks.
b. Operational and technological risks.
c. Financial, credit, counterparty, and fiscal risks.
d. Compliance and criminal liability risks.
e. Reputational risks
Werfen’s risk management model is based on four levels:
1. The main responsibilities of the business areas that face risks when performing their daily
activity are the following: 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 violates the provisions of the Werfen compliance model.
2. The main responsibility of the Compliance area is to define the regulatory andmethodological framework for identifying, quantifying and managing compliance and criminal
liability risks.
3. The Risk Officer’s main responsibilities are to: i) provide a global and standardized view ofthe organization’s risk levels by means of an internal information and control system, and iii)
ensure effective implementation of the model.
4. The Internal Audit area is responsible for 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. It is a direct and confidential communication channel available to all employees
for making any consultations regarding compliance issues or for reporting possible breachesof the Code of Ethics or the internal policies that implement the Code.
All issues that are raised are processed in accordance with the provisions of the Management
Policy of the Ethics Channel and of Internal Investigations, in order to investigate, resolve, andconclude the necessary measures.
8

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021
In 2021, two complaints were received, of which one has been investigated and the other iscurrently being investigated. Two complaints were received in 2020.

Ethics Channel 2021

1

Discriminación
Discrimination

1

Incumplimiento
Regulatory noncompliancenormativo

Ethics Channel 2020

1

Fraud
Fraude1

AcosoHarassment
en el puesto
at workde trabajo

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 determines the guidelines that ensure respect for
the regulatory framework on environmental protection, ensure the compatibility of Werfen’s
activities with sustainable development, and ensure attention to other social requirements on
this subject. The Policy includes the following points:
9

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021--

Aspects related to the Environmental Management System (responsibilities related tothe system, 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 environmental issues when selecting suppliers.
Special emphasis on proper waste management.
Control activities.

With regard to certification of the new environmental management systems in accordancewith ISO 14001, adapted to the new 2015 benchmark, it should be noted that all the actions
carried out during the financial year by the Group worldwide are aimed at rigorously
complying with the regulations in force at all the facilities where the Group operates.
Certification is subject to periodic reviews by the competent authorities of each country. All
Werfen companies are ISO 9001/13485 certified, and the main production units, representing
about 80% of Werfen’s revenue, are ISO 14001/2015 certified, including the production andresearch and development centers in Bedford and Orangeburg in the USA and the distribution
centers at Tarancón in Spain and Roncello in Italy.

10

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021
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 detailed below:
Description
High

A significant environmental impact has been identified. Control
processes or a management program is required.

MediumA moderate environmental impact has been identified. It can beadequately controlled through existing work instructions, but
additional control measures or management programs could berecommended.

Low

Little or no identified environmental impact. No additional control
measures are required.

No aspects classified as High/Significant according to the preceding table have been identified
without associated control mechanisms at any of the main Werfen production units.
Werfen owns property, plant, and equipment for environmental protection amounting to410.56 thousand euros (342.2 thousand euros in 2020), and it has incurred expenses forenvironmental protection and improvement amounting to 1,362,290 euros (1,301,200 euros
in 2020).
Total electricity consumption at all Werfen companies was 44.8 million kW/h in 2021, of which
80% was from renewable sources.
Social and employee-related issues
For Werfen, it is essential to promote a quality work environment, based on respect, equal
treatment and opportunities, diversity, and personal and professional development. The Codeof Ethics sets out the guidelines that must govern the ethical behavior of all employees in their
daily work and, specifically, in their relationships and interactions with all 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:
11

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021-

Business acumen.
Product development pipeline.
Personal and professional growth and development opportunities.
Pleasant working environment based on the spirit of teamwork, respect, andconsideration.
Honest people.
Merit-based recognition.

Our actions are aimed at:
-

-

-

-

-

Ensuring equal opportunities and non-discrimination for any reason in all actions
targeted at selecting and recruiting new employees, therefore giving priority to talentand teamwork, which are so necessary for the sustainable development of thebusiness.
Fostering the careers of our employees at Werfen within the talent management andteamwork model, while providing them with all the means and tools they need tostrengthen their skills and competencies.
Ensuring a motivating work environment that favors internalizing recognition of theculture of effort, and transparently rewarding individual and team initiative related tocreation, development, and innovation in the different areas in which Werfen
operates.
Promoting, facilitating, and ensuring the actual implementation of flexibility
mechanisms that make it possible to achieve work-life balance and thus favor thehuman and social development of people by guaranteeing an optimal organization ofwork time.
Maintaining constant contact with employee representatives and social movements,
thereby allowing feedback for decision making.

Werfen has a corporate software tool that helps it manage the aforementioned commitments,
among other objectives.
Internal mobility is a basic pillar of the commitment to people, which is why the internal
mobility offer is made available to employees through digital communication platforms.

12

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021
Employment trends
As of December 31, 2021, Werfen had a total of 5,643 employees (5,501 at December 31,2020), an increase of 2.6%. At December 31, 2021, Werfen employed 2,538 women (2,474 at
December 31, 2020), equivalent to 45.0% of total employees (44.9% in 2020). At December
31, 2021, Werfen employed 3,105 men (3,027 at December 31, 2020), equivalent to 55.0% of
the total Werfen workforce (55.1% at December 31, 2020).
The tables below show the breakdown of employees by geographic area, age group, andprofessional classification. The data refer to the final workforce for the year. There are no
significant differences with the average workforce registered during the year.
2021
Employees
%
China
294
5%
Western Europe
2,557
45%
Eastern Europe, Middle East, and Africa
651%
Latin America
325
6%North America
2,197
39%
Rest of Asia-Pacific
205
4%
Total
5,643
100%

2020
Employees
%
273
5%
2,471
45%
72
1%
295
5%
2,145
39%
245
5%
5,501
100%

Under 30
Between 30 and 50
Over 50
Total

2021
669
3,204
1,770
5,643

2020
620
3,242
1,639
5,501

Senior Management
Managers
Technical
Clerical workers
Production operators
Total

2021
111
473
3,626
713
720
5,643

2020
104
486
3,431
716
764
5,501

13

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021
The breakdown of employees in 2021 and 2020 by country, gender, and age group is thefollowing:
2021 Employees
Country
Australia
Austria
BelgiumBrazilChina
Colombia
Czech Rep.
FranceGermany
Hong Kong
Hungary
India
Italy
Japan
Lithuania
MexicoNetherlands
PolandPortugal
South Korea
Spain
Switzerland
TaiwanUnitedKingdom
UruguayUSA
Total

2021 Employees by age group

Women

Men

Total

Under 30

30 to 50

Over 50

Total

17
3
9
37
110
20
4
32
95
16
3
8
134
13
5
60
6
16
75
20
824
0
5

20
6
10
33
184
25
7
49
87
11
7
52
217
64
8
133
15
15
69
29
771
0
10

37
9
19
70
294
45
11
81
182
27
10
60
351
77
13
193
21
31
144
49
1,595
0
15

3
0
3
9
38
6
0
11
13
3
2
3
20
0
1
28
0
2
12
3
146
0
1

26
4
11
57
252
36
10
49
86
21
3
53
179
50
5
143
5
16
85
38
1,013
0
13

8
5
5
4
4
3
1
21
83
3
5
4
152
27
7
22
16
13
47
8
436
0
1

37
9
19
70
294
45
11
81
182
27
10
60
351
77
13
193
21
31
144
49
1,595
0
15

40
7
979
2,538

55
10
1,218
3,105

95
17
2,197
5,643

12
3
350
669

55
6
988
3,204

28
8
859
1,770

95
17
2,197
5,643

14

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021
2020 Employees
Country
Australia
Austria
BelgiumBrazilChina
Colombia
Czech Rep.
FranceGermany
Hong Kong
Hungary
India
Italy
Japan
Lithuania
MexicoNetherlands
PolandPortugal
South Korea
Spain
Switzerland
TaiwanUnitedKingdom
UruguayUSA
Total2020 Employees by age group

Women

Men

Total

Under 30

30 to 50

Over 50

Total

16
3
8
37
103
17
4
31
86
15
6
7
125
16
6
55
6
17
73
19
829
0
5
35

15
6
10
35
170
17
7
50
103
11
11
48
198
58
8
120
19
13
72
26
767
0
9
50

31
9
18
72
273
34
11
81
189
26
17
55
323
74
14
175
25
30
145
45
1,596
0
14
85

3
1
3
12
40
1
0
12
5
3
4
7
14
0
1
23
0
1
12
4
142
0
0
8

21
4
11
58
230
30
10
49
97
21
8
45
177
43
6
132
10
19
97
33
1,043
0
13
51

7
4
4
2
3
3
1
20
87
2
5
3
132
31
7
20
15
10
36
8
411
0
1
26

31
9
18
72
273
34
11
81
189
26
17
55
323
74
14
175
25
30
145
45
1,596
0
14
85

5
950
2,474

9
1,195
3,027

14
2,145
5,501

3
321
620

5
1,029
3,242

6
795
1,639

14
2,145
5,501

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WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021
The following tables present the results of the analysis of the forms of contract used in theGroup, by gender, age, and professional classification, as well as the classification by type ofworking day:Form of contract

Women
Men
Total
%

Under 30
Between 30
and 50Over 50
Total

2021
Permanent Temporary
2,398
140
2,926
179
5,324
319
94%
6%
2021
Permanent Temporary
599
70
2,963
1,762
5,324

241
8
319

2021
Permanent Temporary
SeniorManagement
Managers
Technical
Clerical workers
Production
operators
Total

2020
Temporary
149
167
316
6%

Total
2,474
3,027
5,501
100%

2020
Temporary
77
223

Total
620
3,242

16
316

1,639
5,501

Permanent
104

2020
Temporary
0

Total
104

465
3,195
679

21
236
37

486
3,431
716

742

22

764

5,185

316

5,501

Total
Permanent
2,538
2,325
3,105
2,860
5,643
5,185
100%
94%
Form of contract
Total
669

Permanent
543
3,019

3,204
1,623
1,770
5,185
5,643
Form of contract
Total

103
446
3,387
673

8
27
239
40

111
473
3,626
713

715
5,324

5
319

720
5,643

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WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021
Type of Day

Women
Men
Total
%

Full time
2,438
3,086
5,524
98%

2021
Part time
100
19
119
2%

Total
2,538
3,105
5,643
100%

2020
Part time
101
17
118
2%

Total
2,474
3,027
5,501
100%

Full time
612
3,159

2020
Part time
8
83

Total
620
3,242

1,612
5,383

27
118

1,639
5,501

Total

Full time
2,373
3,010
5,383
98%

Type of Day

Under 30
Between 30
and 50Over 50
Total

Full time659

2021
Part time
10

Total
669

3,125
1,740
5,524

79
30
119

3,204
1,770
5,643

Type of Day

SeniorManagement
Managers
Technical
Clerical workers
Production
operators
Total

Full time

2021
Part time

Total

Full time

2020
Part time

111
472
3,576
681

0
1
50
32

111
473
3,626
713

104
485
3,385
683

0
1
46
33

104
486
3,431
716

684

36

720

726

38

764

5,524

119

5,643

5,383

118

5,501

With regard to permanent intermittent employment contracts, during 2021 there were a totalof 166 dismissals. In 2020, the figure was 225 dismissals.
Of the total dismissals in 2021, 107 corresponded to men (120 in 2020) and 59 to women (105
in 2020).
17

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021
By age group, a total of 19 permanent contracts were discontinued during 2021 for the up-to30 age group, 108 for the age group between 30 and 50 years, and 39 contracts for the over50 age group (comparable figures for 2020 were, respectively, 31, 162, and 79).
The following table provides a breakdown of dismissals according to professionalclassification:
Senior Management
Managers
Technical
Clerical workers
Production operators
Total

2021
1
14
111
26
14
166

2020
1
30
127
50
17
225

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

2021
59,49680,281

2020
60,22783,0832021
42,24660,719100,2632020
45,00963,723
101,2822021
61,17093,16941,78964,991
29,4902020
58,356
101,887
39,73058,35628,915

Average remuneration by age group
Under 30
Between 30 and 50
Over 50
Average remuneration by geographic area
EuropeUSA
China
Rest of Asia-Pacific
Latin America

18

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021
Average remuneration by professional classification
2021
2020
Senior Management382,459 (*)
368,462 (*)
Managers
124,452
127,932
Technical
63,817
66,796
Clerical workers
56,56258,502
Production operators
37,76037,874(*): Data on the average compensation of directors and senior management (see details in thefollowing table), which includes all the employees in the “Senior Management” category plus
two directors with executive functions. This data is representative of the average
remuneration of the “Senior Management” professional category.
The average remuneration of directors (individuals) and of senior management, broken down
by gender, is the following (data in thousands of euros):
2021
2020
No. ofAverageNo. ofAveragepeopleremuneration people
remuneration
Total
113
380,999
106
369,057
Women
28
234,63621
224,563Men
85
426,135
85
404,755
The wage gap is 6% for 2021 (8% in 2020), obtained by weighting the wage gaps (excess of theaverage remuneration of men over that of women divided by the average remuneration ofmen) of each group of employees in the same age range and professional category in eachgeographic area, based on the relative weight of the number of employees in each group.

Digital disconnect
In some of the countries in which Werfen operates (Spain, Portugal, France, and Mexico),
there are local regulations regarding the right to disconnect. These are usually recent.
Following the change in priorities due to the pandemic in these countries, the process ofapproving the policy on Digital Disconnection and complying with the provisions of Article 88
of Law 3/2018 is now in its final phase.

19

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021

Training
Training is a key element for Werfen. During the year ended December 31, 2021, and basedon the Company’s records, a total of 59,658 training actions were conducted, with anestimated 668,184 hours given (12,201 actions and 557,676 hours in 2020). The breakdown
according to professional classification is the following:

Senior Management
Managers
Technical
Clerical workers
Production operators
Total

2021 Hours

2020 Hours

26,72793,546
387,547
26,727
133,637
668,184

33,602
100,805
301,145
33,461
89,228557,676

Health and safety
Werfen’s activities are planned and carried out with the safety, health, and well-being ofpeople being critical and the most important aspect. Health and safety at work, as it is set
forth in the Code of Ethics, constitutes a strategic and inalienable commitment for the Group,
which is 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 the prevention ofoccupational risks and actions for protecting and promoting health and well-being intobusiness management.

The number of absentee hours was 207,660 in 2021 (compared to 214,713 in 2020). Of thistotal, 201,304 hours of absenteeism were due to common illnesses (204,630 in 2020), 1,911
hours of absenteeism were due to occupational illnesses (2,063 in 2020), and the remaining
4,445 hours of absenteeism were due to work-related accidents (8,020 hours in 2020).

20

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021
Of the total hours of absenteeism due to occupational illnesses, 189 hours correspond to
women (2,063 in 2020) and 1,722 hours to men (0 in 2020).
The summary statistics of accidents at work are the following:

Total No. of accidents
Frequency rate(*)
Severity rate(**)

Women
26
5.64
0.11

2021
Men
21
3.70
0.06

Total
47
4.57
0.08

Women
56
12.79
0.16

2020
Men
39
7.16
0.14

Total
95
9.67
0.15

*Frequency rate: (No. accidents / No. hours worked) x 106**Severity rate: (No. of days lost / No. of hours worked) x 103

Social relations
The Group and its component companies have internal communication mechanisms thatenable all employees to be informed, compiling their opinions and perspectives, and making
decisions in line with those opinions, subsequently carrying out actions aimed at complying
with local laws on the matter of labor relations.
Werfen employees in the following countries are covered by a collective bargaining
agreement: Spain, Italy, Portugal, Austria, France, Mexico, Belgium, South Korea, Brazil, andUruguay, i.e., approximately 45% of Werfen’s global workforce (45% of Werfen’s workforce in2020). In addition, there are formal works councils in most of the subsidiaries in Spain, and in
Italy, Germany, France, Mexico, Lithuania, Portugal, Brazil, South Korea, and Hong Kong.
We consult, inform and negotiate aspects that have a significant impact on our employeeswith their legal representatives. Werfen has other mechanisms and procedures to promote
employee involvement in the management of the company, including:-Werfen Voices: a survey of all employees is conducted every two years, withparticipation of around 88%. The questions include evaluation of leadership,
management, communication, collaboration in the company, and degree ofsatisfaction and commitment to the company. The survey results are shared at thelevel of each organizational unit, and action plans are defined with initiatives toimprove aspects with lower scores. Employees are involved in implementing theseaction plans.

21

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021-

Focus groups: before launching new HR processes and programs at a global level,
meetings and questionnaires are used to gather opinions, perspectives andsuggestions for design and implementation. These are incorporated into the final
development of the program.

-

Innovation initiatives are encouraged at the local level, through committees thatgather employee initiatives, for optimizing and improving existing processes andproducts, and for launching new processes and products. After initial evaluation, theinitiatives selected are developed under the supervision of a committee member andpresented to the Management Committee, which decides on their implementation.

In the field of health and safety at work, the collective bargaining instruments applicable toWerfen’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.
Efforts 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 several of our subsidiaries include aid for private healthcoverage and expanding medical examinations to tests of a general nature that are not strictly
related to monitoring health for 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 internal processes that encourage employees to apply forinternal vacancies and continue their professional development without making a distinction
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
22

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021
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 for people withdisabilities.
The equality plans signed to date for 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, preventing harassment
and detecting cases of gender-based violence, work-life balance, and the wage gap.
Within the framework of the Group’s commitments to diversity, it aims to avoid physicalbarriers in order to facilitate the effective integration of employees with disabilities. During2021, the number of employees with a disability was 31 (29 employees in 2020).

Respect for human rights
Werfen is committed to improving the health and well-being of people in all the regions where
it operates, therefore seeking to provide knowledge, management capacity, and innovation,
as well as devoting 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, scientific knowledge, and education in general,
extending work-life balance measures, andin general, the principles set forth in the anti-discrimination and diversity promotion
policy.

23

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021

Anti-corruption and bribery
The Anti-Corruption Policy sets forth the principles that must guide the conduct of all theemployees and administrators of Werfen companies with regard to preventing, detecting,investigating, and remedying any corrupt practice within the organization.
Internal guidelines emphasize the need to transmit the Group’s culture of integrity withrespect to complying with any legislation on corruption and with the principles on which it isbased. Any possible breaches are analyzed in accordance with internal procedures, legal
regulations, and current agreements.
During 2021, Werfen continued its online training program for the compliance manual,
launching six new courses. Two of these (“Interactions with healthcare professionals” and“Anti-corruption”) focused on prevention of such risks and were aimed at personnel who areparticularly exposed to them. 155 live sessions were held (through the Teams platform) torefresh requirements for interactions with healthcare professionals and organizations, inwhich 1778 employees participated (24% more than in the previous year).
These anti-corruption training and awareness-raising initiatives are not limited to internal
personnel but also extend to business partners. In 2021, Werfen continued its anti-corruption
training program for its distributor network. 161 new distributors were involved in thisprogram, bringing the total participants in this program to 350. The geographical scope of thisproject covers areas in which Werfen operates through distributors.
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 thatinternal protocols remain adapted to those codes, while also maintaining the existingcertifications in this regard.

-

All Group companies have strictly adhered to the indirect sponsorship model tofinancially support educational events organized by third parties for promoting
scientific knowledge in areas of relevance to Werfen.
24

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021-

Publication of the training grants awarded to customers, in accordance with the laws
in force and the codes of conduct of the Industrial associations of which we form a
part.

-

Implementation of the Fair Market Value process has been completed, focusing on
ensuring that the remuneration paid to health professionals for their services is
consistent with the average market rate, the duration of the event, their medical
specialty, and their professional category. 463 consulting contracts were reviewed in
2021.

Werfen has had a due diligence procedure for business partners in place since 2016. The
procedure defines the obligations of business partners and Werfen’s admission policies,
thereby implementing the requirements of the Anti-Corruption Policy and the Anti-money
Laundering Policy. In 2021, Werfen completed the implementation of its Due Diligenceplatform. This technology solution aims to streamline, automate, and ensure that Werfen’sbusiness partners comply with our ethics and compliance standards. The final phase of thethird-party risk management program was initiated in 2021, with completion of compliance
audits for distributors in EMEA and Latin America. This program will continue in the coming
years.
The contributions made to foundations and non-profit organizations in 2021 amounted toapproximately 8.9 million euros (11.7 million euros in 2020).

Subcontracting and suppliers
Every Werfen company has product and/or service providers that are officially approved,
whose capacity was initially supervised and is subsequently monitored by each of the units.
This is all framed within the internal procedures for the continuous evaluation of suppliers
within the Quality Systems, based on ISO 9001:2015 and/or ISO 13485:2016. The supplierevaluations 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 critical suppliers, through on-site audits.

25

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021
The number of quality audits conducted in 2021 (and in 2020, for comparison purposes) isdetailed below.

Favorable Result
Unfavorable Result
Total

2021

2020

100
1
101

83
1
84

During 2021, as a result of the COVID-19 pandemic, 85 of the 101 audits conducted took placeremotely.
In the event that the result of an audit is unfavorable, a corrective action plan is agreed withthe supplier to resolve the issues detected.

26

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021
Consumers
All the products manufactured and marketed by Werfen companies are intended for use byprofessionals, mainly in the healthcare sector, research, and industry.
The manufacturing of medical devices and medical 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 medical 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 Medical Devices and Specialized Diagnostics Medical Devices throughout
their life cycle on the market.
All 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 to applicable legislation.
For Medical Devices or Specialized Diagnostics Medical Devices, there is an obligation to
include technical data and information on use of the products on their respective labels,
specifications, instructions for use, or user manuals. This documentation, aimed at users of
the products, is prepared in accordance with legislation and while paying special attention to
the potential risks of the product and possible mitigations based on the EN ISO 14971:2012
standard.
All 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 toeach case.
There were 65,154 claims handled by Werfen manufacturing centers in 2021 (68,254 in 2020).

27

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021

Werfen companies have a System for Product Recall from the Market in the event that the
product manufacturer or a competent authority requires it.
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 order to minimize risks. When necessary, the competent health authorities are
informed of product recalls.
This activity is reviewed periodically through internal audits.

Tax Information
Werfen gives priority attention to complying with all tax and commercial regulations in force
in each of the countries where it is operates.
For the financial years ended December 31, 2021 and 2020, the following table shows thebreakdown (in thousand euros) of the earnings, before corporate income tax, earned by the
Werfen subsidiaries in the countries where they operate, as well as the corporate income tax
actually paid.
2021
Earnings before
Tax
Australia
Austria
BelgiumBrazilCanadaChina
Colombia
Czech Rep.
FranceGermany

1,186
242
861
-4,439451
31,203-1,051
185
1,623
1,715

2020
Corporate
Income Tax
Paid7-1,769
450
7
387
9,405
-62
1
202
-416

Earnings before
Tax
904
-566
939
-8,431654
5,443-2,137
70
677
8,044

Corporate
Income Tax
Paid
0
5,332
173
-14
128
1,366
143
34
471
3,654
28

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021
2021
Earnings before
Tax
GreeceHong Kong
Hungary
India
Italy
Japan
Lithuania
MexicoNetherlands
New Zealand
PolandPortugal
South Africa
South Korea
Spain
Switzerland
TaiwanUnited Kingdom
Uruguay
USA

-62
566
372
1,190
37,384
1,435
148
5,276
535
-2
774
8,459
0
338
233,026
4,850
483
2,202
-480
149,7402020
Corporate
Income Tax
Paid
0
158
57
91
7,664
257
9
1,823
159
0
213
6,285
0
457
47,776
0
136
551
276
26,182

Earnings before
Tax
-33
260
375
-1,00633,750
592
100
6,046
588
-7
654
12,034
0
1,289
192,770
3,257
91
3,031
-318
40,121

Corporate
Income Tax
Paid
0
1,290
154
99
11,697
269
35
2,456
143
0
77
108
0
157
46,387
-3
59
1,983
-54
4,754

No Werfen subsidiary received subsidies from any public body in 2021 (this was also the casein 2020).

29

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021
APPENDIX I. Table of reference to the requirements of Law 11/2018
For the 2021 financial year, this Non-Financial Statement (EINF as per the Spanish acronym),
which is part of the Consolidated Management Report for the 2021 financial year of
WerfenLife, S.A. and its subsidiaries, complies with the general provisions of Law 11/2018, ofDecember 28, which amends Articles 44 and 49 of the Commercial Code regarding nonfinancial information and diversity. The standards of the Global Reporting Initiative listed inAppendix I of this Non-Financial Statement provide a reference framework.

Areas

Content

Business modelA brief description of thegroup’s business model,
which will include:
1.) Its business environment,
2.) its organization andstructure,3.) the markets in which it
operates,4.) its objectives andstrategies,
5.) the main factors andtrends that may affect its
future evolution.

Policies

A description of the group’s
policies on these issues,
which will include:
1.) the due diligenceprocedures applied to
identify, evaluate, prevent,and mitigate risks andsignificant impacts
2.) the verification andcontrol procedures, including
what measures have been
adopted.

Related GRI
standards

Page of the 2021 EINF

102-1, 102-2, 1023, 102-4, 102-6,
102-7

1, 2, 3103

4, 5, 6, 7

Limitations /Omissions30

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021

Areas

Content

Risks

The principal risks related tothose issues linked to thegroup’s operations, including,where relevant andproportionate, its business
relationships, products, orservices that are likely tocause adverse impacts in
those areas.
Key non-financial
performance indicators thatare relevant to the specificbusiness activity and thatmeet the criteria ofcomparability, materiality,
relevance, and reliability.

Key non-financial
performanceindicators

Environmental
issuesGlobal Environment1.) Detailed 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 allocated topreventing environmental
risks;
3.) Application of the
precautionary principle, theamount of provisions andguarantees for environmental
risks. (e.g., derived from theenvironmental responsibility
law).

Related GRI
standards

Page of the 2021 EINF

103, 102-15

3, 4, 7, 8

102-8, 201-4, 4051, 405-2, 407-1,
408-1, 409-1, 4131

8, 9, 14, 15, 16, 17, 18,
19, 20, 29, 30

103, 102-11

9, 10, 11

Not material-

Limitations /Omissions

Pollution
Measures to prevent, reduce,or repair carbon emissions
that seriously affect theenvironment; taking into
account any form of air
pollution specific to an

31

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021

Areas

Content

Related GRI
standards

Page of the 2021 EINF

Limitations /Omissionsactivity, including noise andlight pollution.

Circular economy and waste prevention and management
Circular economy
Waste: Measures on
prevention, recycling, reuse,and other forms of waste
recovery and disposal;
Actions to combat food waste.
Sustainable use of resources
And water consumption andsupply in accordance withlocal limitations;
Consumption of raw materials
and the measures adopted to
improve efficiency in the use
thereof;Direct and indirect energy
consumption, measures taken
to improve energy efficiency
and the use of renewableenergy.

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 climatechange;The
reduction
goals
established voluntarily in themedium and long term to
reducegreenhousegas

Not material-

Not material-

Not material-

Not material-

Not material-

Not material-

Not material-

Not material-

Not material-

32

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021

Areas

Related GRI
standards

Page of the 2021 EINF

Not material-

Not material-

103, 102-8, 405-1

11, 12, 13, 14, 15, 16, 17,
18, 19Total number and breakdownof types of employment
contracts,

102-8

16

Annual average of permanentcontracts, temporary
contracts, and part-time
contracts by gender, age, andprofessional classification,

102-8, 405-1

17

Total number of dismissals bygender, age, and professionalclassification;

401-1

17, 18Average salaries and theevolution thereof broken
down by gender, age, andprofessional classification orequal value;405-2

18, 19Wage gap, remuneration forequal job positions or the
average remuneration in thecompany,

405-2

19

Content

Limitations /Omissionsemissions and the means thatare implemented for thispurpose.
Protection of biodiversity
Measures taken to preserve or
restore biodiversity;

Social andemployee-related
issues

Impacts caused by activities oroperations in protected areas.
Employment
Total number and breakdownof employees by gender, age,country, and professionalclassification;

33

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021

Areas

Related GRI
standards

Page of the 2021 EINF

103

19

Implementation of right-todisconnect policies,

103

19

Employees with disabilities.

405-1

23

Organization of work
Organization of work time103

22, 23403-2

20, 21

Content

The average remuneration of
directors and executives,
including variable
remuneration, expense
allowances, compensations,payment to long-term savingsor pension systems and anyother wage concept received,
broken down by gender,

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

103

23

103, 403-1

20, 21Work accidents, in particular
their frequency and severity,

403-9

21

Occupational diseases,
broken down by gender.

403-1020, 21103, 407-1

21, 22102-41

22403-1

21, 22, 23

Social relations
Organization of social dialog,
including procedures for
informing, consulting, andnegotiating with personnel;
Percentage of employees
covered by collective
bargaining agreements, bycountry:
The assessment of collective
agreements, particularly inthe field of health and safety
at work.

Limitations /Omissions34

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021

Areas

Content

Training
Policies implemented in thefield of training;
The total number of training
hours by professional
category.
Universal accessibility forpeople with disabilities

Related GRI
standards

Page of the 2021 EINF

103

24, 25

404-1

20

103

22, 23

103

22, 23

103

23

103

6, 23

103, 102-16, 10217

23

Limitations /Omissions

Equality
Measures taken to promoteequal
treatment
andopportunities
betweenwomen and men;
Equality plans (Chapter III of
Organic Law 3/2007, of March
22, for the effective equality ofwomen and men), measures
adoptedtopromoteemployment,
protocols
against sexual and genderbasedharassment,
integration, and universal
accessibility for people withdisabilities;
The policy against all types of
discrimination and, whereappropriate, for diversity
management.

Respect for humanrightsHuman rights
Application of due diligenceprocedures on human rights.
Prevention of the risks ofhuman rights violations and,
where appropriate, measures
to mitigate, manage, andrepair possible abuses thatare committed;

35

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021

Areas

Content

Complaints due to cases ofhuman rights violations;

Anti-corruption andbribery

Society

Promotion and compliancewith the provisions of thefundamental conventions of
the International Labour
Organization related torespect for the freedom of
association and the right tocollective bargaining;
Elimination of discriminationin employment andoccupation;
The elimination of forced orcompulsory labor;
The effective abolition of childlabor.
Corruption and bribery

Related GRI
standards

Page of the 2021 EINF

103

9

407-1

23

103, 406-1

22, 23

409-1

24

408-1

24

Measures taken to prevent
103, 102-16, 102corruption and bribery;
17
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;
The impact of the company’s
activity on local populations
and in the territory;
Relationships with the actorsof local communities and theforms of dialog with them;
Association or sponsorship
actions.
Subcontracting and suppliers
The inclusion of social, genderequality, and environmental
issues in the purchasing
policy;Consideration of the social

Limitations /Omissions24, 2525
25

Not material-

Not material-

Not material-

102-12, 102-13

25

103, 102-9

25, 2636

WERFENLIFE, S.A. AND SUBSIDIARIES
Non-Financial Information Statement for 2021

Areas

Related GRI
standards

Page of the 2021 EINF

103

25, 26

103

27

103

27, 28

Earnings, country by country;

207-4

28, 29Corporate Income Tax Paid;

207-4

28, 29Public grants received.

201-4

29

Content

Limitations /Omissionsand environmental
responsibility of suppliers andsubcontractors in
relationships with them;Oversight and audit systems
and their results.
Consumers
Measures for the health andsafety of consumers;
Complaint systems,
complaints received, and theresolution thereof.
Tax Information

37

WERFENLIFE, S.A. AND SUBSIDIARIES
Preparation of the Non-Financial Information Statement for 2021

In accordance with corporate and commercial legislation in force, the Board of Directors of
WERFENLIFE, S.A. has prepared the Consolidated Non-Financial Information Statement for 2021,
which is comprised of the attached pages, numbered 1 to 37. They have been transcribed on 39 sheetsof officially stamped paper, class 8, numbers ON5481970 to ON5481990 both inclusive.
Barcelona, March 15, 2022
Board of Directors

Blanhiblar Management, S.L.U.
Represented by
Marc Rubiralta Giralt

El Sot de Les Cordes
Management, S.L.U.
Represented by
José Luis Rubiralta Giralt

Lajaar Control Management, S.L.U.
Represented byJordi Rubiralta Giralt

Molaris Control Management, S.L.U.
Represented by
Xavier Rubiralta Giralt

José Luis Guerrero Domènech

Carles Pascual Sancho

Germán Venancio Castejón Fernández

Luis Cantarell Rocamora

WerfenLife, S.A.
and subsidiaries
Independent Verification Report
Consolidated Non-Financial Information Statement
31 December 2021

A free translation from the original in Spanish
This version of our report is a free translation of the original, which was prepared in Spanish. All possible care has
been taken to ensure that the translation is an accurate representation of the original. However, in all 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 WerfenLife, 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-Financial Information(“SNFI”) for the year ended 31 December 2021 of WerfenLife, S.A. (Parent company) andsubsidiaries (hereinafter "Werfen" or the Group) which forms part of the Werfen’s consolidated
management report.
The content of the SNFI includes information additional to that required by current mercantile
legislation in relation to non-financial information, which has not been covered by our verification
work. In this respect, our work was limited solely to verifying the information identified in table"APPENDIX I. Table of reference to the requirements of Law 11/2018" included in theaccompanying SNFI.
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 WerfenLife, 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 Initiative (“GRI Standards”) selected aswell as those other criteria described as per the details provided for each matter in the table"APPENDIX I. Table of reference to the requirements of Law 11/2018" of the aforementioned
Statement.
This responsibility also includes the design, implementation and maintenance of the internal control
considered necessary to allow the SNFI to be free of material misstatement due to fraud or error.
The directors of WerfenLife, 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 control
We have complied with the independence requirements and other ethical requirements of theInternational Code of Ethics for Professional Accountants (including International IndependenceStandards) issued by the International Ethics Standards Board for Accountants (“IESBA Code”)
which is founded on fundamental principles of integrity, objectivity, professional competence anddue care, confidentiality and professional behaviour.
Our firm applies International Standard on Quality Control 1 (ISQC 1) and accordingly maintains acomprehensive system of quality control, including documented policies and procedures regarding
compliance with ethical requirements, professional standards and applicable legal and regulatory
requirements.
The engagement team consisted of professionals specialising in Non-financial Information reviews,
specifically in information on economic, social and environmental performance.
PricewaterhouseCoopers Auditores, S.L., Avinguda Diagonal, 640, 08017 Barcelona, España
Tel.: +34 932 532 700 / +34 902 021 111, Fax: +34 934 059 032, www.pwc.es
R. M. Madrid, hoja 87.250-1, folio 75, tomo 9.267, libro 8.054, sección 3ª
Inscrita en el R.O.A.C. con el número S0242 - CIF: B-79 031290

1

Our responsibility
Our responsibility is to express our conclusions in a limited assurance independent report basedon the work we have performed. We carried out our work in accordance with the requirements laid
down in the current International Standard on Assurance Engagements (ISAE) 3000 Revised,
Assurance Engagements other than Audits or Reviews of Historical Financial Information (ISAE
3000 Revised) issued by the International Auditing and Assurance Standards Board (IAASB) of theInternational Federation of Accountants (IFAC) and in the Guidelines for verification engagementsof the Statement of Non-Financial Information issued by the Spanish Institute of Auditors (“Institutode Censores Jurados de Cuentas de España”).
In a limited assurance engagement, the procedures performed vary in nature and timing ofexecution, and are less extensive, than those carried out in a reasonable assurance engagement
and accordingly, the assurance provided is also lower.
Our work consisted of posing questions to management as well as to the various units of Werfen
that were involved in the preparation of the SNFI, of the review of the processes for compiling andvalidating the information presented in the SNFI, and in the application of certain analyticalprocedures 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 theinformation required for the external review.

•

Analysis of the scope, relevance and integrity of the content of the SNFI for the year 2021,
based on the materiality analysis carried out by Werfen, taking into account the content
required by current mercantile legislation.

•

Analysis of the procedures used to compile and validate the information presented in the
SNFI for the year 2021.

•

Review of information relating to risks, policies and management approaches applied inrelation to material matters presented in the SNFI for the year 2021.

•

Verification, by means of sample testing, of the information relating to the content of the
SNFI for the year 2021 and that it was adequately compiled using data provided by thesources of the information.

•

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

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 WerfenLife, S.A. and its
subsidiaries, for the year ended 31 December 2021 has not been prepared, in all material
respects, in accordance with the provisions of current mercantile legislation and following thecriteria of the GRI Standards selected as well as those other criteria described as per the details
provided for each matter in the table "APPENDIX I. Table of reference to the requirements of Law
11/2018" of the aforementioned Statement.

2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
22 March 20223