NowyStyl_Raport CSR_2022-2023_EN-www

It is with great satisfaction that we present to you the 2022- 2023 Nowy Styl Sustainability Report, which reflects our commitment to conducting business responsibly in the face of a dynamic political, economic and social environment. This document is a testimony to our efforts to act responsibly towards society, the environment and future generations. In a rapidly changing world, we believe that striving for a balance between economic development, environmental care and creating value for our stakeholders should be our foundation. The last two years marked many challenges. As a result of the outbreak of war in Ukraine in 2022, we found ourselves in a new geopolitical reality. The conflict had an impact on supply chains, increasing uncertainty in inter- national markets, but also on society at large. Despite this, our company demonstrated its ability to adapt by imple- menting solutions that allowed us to maintain produc- tion continuity. During that time, our role in supporting humanitarian aid and helping refugees became particularly important, bringing about a number of solidarity initiatives. We took a decision to withdraw from the Russian market, considering it to be the only right thing to do given the current situation. We stand against any form of unjustified aggression and the acts of violence taking place in Ukraine. With the COVID-19 pandemic over, our teams faced the challenge of adapting to a new reality. To return to full operations after the prolonged lockdown, we needed to be flexible and respond quickly to changing conditions. We maintained the smoothness of our production process and the high quality of our services, and implemented a number of measures to support the health, safety and comfort of our employees. After the end of the epidemic and the related stringent restrictions which gave rise to our Safety Solutions offer (a hygienic workplace that increases distance and safety) and the hybrid office Workspace of Tomorrow (ensuring efficiency, no matter where work is carried out), it was time to get an insight into new needs of employees. This gave rise to our new, original vision of what the design of the office of the future should be like. Titled Reunion: A new office reality, it focuses on a comfort-oriented selection of furniture solutions tailored to various needs. After a period of lockdown, the office was to play a new role: a place where GRI 2-22 Dear Stakeholders, Letter from the CEO people would meet, socialise and rebuild relationships within teams. This model of workspace design became a response to the individual expectations of employees and an expression of respect for neurodiversity. We focused on minimising stress factors to increase work comfort and thus improve its efficiency. As we are putting this concept into action, we are implementing innovative solutions that adapt to the needs of users and support a dynamic, agile work mode. Over the last two years, we continued to develop our product portfolio. Expanding our offering with solutions that minimise the negative impact on the environment was our priority. We are currently in the process of increasing the share of recycled materials and renewable sources, and adding new upholsteries to our standard collection of finishes, produced from raw materials obtained and processed in less harmful to environment manner. We are also constantly developing our know-how in the area of innovative approach to plastics, aspiring to be the leading supplier of stadium seats. One excellent example of our achievements in this area is our project for the Eintracht Frankfurt stadium, where our brand Forum by Nowy Styl, in partnership with Grupa Azoty Compounding, supplied 40,000 seats made from granulate obtained from 80% post-production waste. The bleachers of the stadium in Rybnik are another example, where the old seat material was crushed into granulate, which was then re-used to produce new seats with comparable or better technical parameters. In bringing in new products, we rely on the ecodesign systemwe have in place, with a view to minimising negative impact on the environment. We attach growing impor- tance to the design stage, examining the entire life cycle of a product already at the outset, from the raw materials and energy sources needed for its production, through durability, timelessness and interchangeability of parts, to recyclability at the end of its useful life. An increasing number of our product lines have type III environmental declarations, the so-called EPD cards, and certificates of safety, durability and environmental impact. These measures are an expression of Nowy Styl aspiration to develop a business model based on the circular economy. 02