JOST: JOST Werke : Financial Report Document (JOST Sustainability Report 2024)

SUSTAINABILITY REPORT as of December 31, 2024, JOST Werke SE Neu-Isenburg, Germany 2 Sustainability at a glance 22 People and culture 3 JOST`s contribution to sustainability 31 Politics and community 4 Business model, organizational structure and sustainability 32 Compliance 6 Sustainability strategy 34 Customers and Suppliers 6 Principles and reporting standards 36 Risks and opportunities 7 Stakeholder and materiality 37 GRI content index 10 EU taxonomy 39 Audit certificate sustainability report 11 Innovation and product management 41 EU taxonomy reporting forms 17 Climate and environment Sustainability at a glance Selected key sustainability indicators Unit Financial indicators Combined management report 2024 2023 previous year Sales € million 1,069.4 1,249.7 -14.4 % Adjusted EBIT € million 113.0 140.8 -19.8 % Adjusted EBIT margin % 10.6 % 11.3% -0.7 %-points Innovations Research & development expenses € million 22.2 20.2 +9.8% Research & development intensity % 2.1 1.6 +0.5 %-points Number of patent registrations 45 63 -28.6 % Employees Number of permanent employees yearly average 4,239 3,992 +6.2 % Number of temporary workers yearly average 418 550 -24.0 % Turnover rate % 10.1 11.6 -1.5 %-points Proportion of female employees % 15.2 14.9 +0.3 %-points Proportion of female employees in management positions % 21.0 18.6 +2.4 %-points Environment Proportion of production sites certified according to ISO 14001 % 58 67 -9 %-points CO 2äq -emissions intensity (Scope 1+2) kg CO 2eq /prod. hour 2.6 3.4 -23.5 % CO 2äq -emissions absolute (Scope 1+2) thousand t CO 2eq 24.76 27.36 -9.5 % Electricity consumption intensity kWh/prod. hour 5.8 6.3 -7.9 % Electricity consumption million kWh 53.7 50.6 6.1 % Natural gas, oil and district heating Intensity kWh/prod. hour 6.1 6.7 -9.0 % Natural gas, oil and district heating million kWh 57.5 54.4 5.7 % Water consumption intensity m 3 /prod. hour 0.019 0.020 -5.0 % Renewable energy in energy mix % 44.4 36.6 +7.8 %-points Responsibility and compliance Number of judicially determined discrimination cases 0 0 0 % Number of reported indications 4 7 -42.9 % JOST's contribution to sustainability GRI 2-22 In September 2015, the United Nations adopted 17 global targets for sustainable global development as part of its Agenda 2030. The focus of these targets is on the pursuit of economic development that also takes social and environmental aspects into account. Participation by the private sector has a decisive role to play in implementing these targets by 2030. JOST is strongly committed to this agenda and will contribute to its implementation through its corporate strategy and by engaging with sustainability issues. Goal 9 - Industry, Innovation and Infrastructure : As a market leader, JOST sees innovation as the driver of its future growth. The development of eco-friendly products and processes that also meet the complex requirements of our customers is the key to our commercial success. During the 2020 financial year, JOST conducted an analysis of the 17 overarching development targets and the 169 sub-targets. From this, the objectives and fields of action were derived in which JOST can have the greatest impact on people, the environment and society through its business activities. Goal 11 - Sustainable Cities and Communities : With our systems, we can help make the delivery of goods to cities and rural areas more sustainable and more efficient. Part of our research and development work is focused on developing efficient transport solutions for the logistics sector. In particular, JOST focuses on the following sustainability goals: Goal 2 - Zero Hunger : JOST wants to market its products for agricultural tractors in developing countries. By doing so, we can make an important contribution to increasing agricultural productivity in these countries, contributing to alleviate the risks of hunger. Goal 12 - Responsible Consumption and Production : JOST strives to minimize the consumption of resources during its production activities. We are constantly working to make our production processes more efficient and to reduce waste. Goal 4 - Quality Education : Through measures in the area of training and further vocational education, JOST provides its employees worldwide with opportunities for professional advancement. Our apprenticeship and talent management programs are aimed primarily at giving young employees new development prospects within JOST. Goal 13 - Climate Action : As a manufacturer catering to the commercial vehicle industry, we want to reduce our own greenhouse gas emissions substantially and help our customers in their quest for carbon neutrality. This important goal of our sustainability activities is reflected in our product innovations. Goal 8 - Decent Work and Economic Growth : JOST pursues ambitious growth targets worldwide. In so doing, we pay attention to the health and safety of all our employees and ensure that human rights and social standards are respected. This also includes preventing all forms of discrimination. JOST also supports the implementation of many other goals in addition to this. These include, in particular, Goal 3 "Health and Wellbeing," Goal 5 "Gender Equality," and Goal 10 "Fewer Inequalities" in dealings with employees and business partners. Business model, organizational structure and sustainability GRI 2-1, 2-6, 2-9, 2-23, 3-3 JOST Werke SE is a listed corporation headquartered in Neu-Isenburg, Germany. It is the parent company of the JOST Werke Group ("JOST"). Information on our business model can be found in the management report in section 8 Fundamental Information about the Group The JOST operational business is structured according to region and divided into the three geographical segments of Europe, North America, and Asia-Pacific-Africa (APA). These segments form the structure for internal organization, control and reporting. As a result, on the reporting date of December 31, 2024, the JOST Werke Group comprised 46 companies (December 31, 2023: 46). 8 Note 4 In the structure of an European stock corporation (Societas Europaea - SE), the Supervisory Board supervises and advises the Executive Board, which in turn is responsible for the strategic and operational management of the Company. In line with the underlying concept of the German Corporate Governance Code, the JOST Werke SE Executive Board and Supervisory Board are responsible for ensuring the continued existence and sustainable development of the Company in line with the principles of the social market economy. As a result, good corporate governance, integrity, comprehensive compliance and the ethical conduct of every manager and employee are firmly established elements of JOST's corporate management. Overall, JOST had a total of 24 production facilities in operation worldwide in 2024 (2023: 24). In order to act sustainably, the right values, action guidelines and organizational structures must be firmly embedded within the Group. This enables JOST to help its employees and executives to act responsibly in the interests of a values-based and safety-conscious corporate management. As of the 2021 financial year, the Chief Financial Officer bears ultimate responsibility for sustainability issues (Environment, Social, Governance - ESG). The Group's ESG targets are set by the ESG Council and are given final approval by the whole of the Executive Board. The ESG Council meets twice a year to monitor the ESG activities and their success, adopt short- and medium-term measures, measure the status of their implementation, and analyze progress with the achievement of ESG targets. The ESG Council is composed of the entire Executive Board and expert specialists from the areas of Production, Quality and Environmental Management, Procurement, Human Resources, Legal, Research and Development, Sales, Marketing and Investor Relations. The control and the operational implementation of the ESG activities adopted within the Group is the task of the respective specialist functions, which advance, monitor and bear responsibility for the successful implementation of measures. P = Production company // S = Sales company 4 | JOST Werke SE | Annual Group Report 2024 Europe P S North America P S Germany • • USA • • Spain • • Canada • Italy • France • • South America P S United Kingdom • Brazil • • Hungary • Russia • Asia-Pacific-Africa (APA) P S Poland • • China • • Netherlands • India • • United Arab Emirates • Australia • • Portugal • New Zealand • Turkey • Singapore • Sweden • • Thailand • Denmark • Japan • Norway • South Africa • • Finland • • Quality and environment Our quality and environmental management system is responsible for compliance with and continual improvement of the environmental, safety and quality standards within JOST. It monitors the global strategy for the integrated quality and environmental management system. QHSE (Quality, Health, Safety & Environment) departments have been set up at the local level to support all our production sites and assist them with implementation. The quality and environmental management system is also responsible for the environmental, safety and quality certification of all JOST sites. We rely on internationally accepted standards and certifications to help us develop consistent corporate policies and directives and to maximize the standardization levels of processes and action guidelines at our various sites. Human resources Human Resources is responsible for attracting, developing, and retaining the best talent. This is the only way we can achieve our business goals. One area of focus is on integrating social sustainability into our HR and cultural strategy. The HR department ensures that the processes at JOST align with the regulations on human and labor rights. The development of senior management, values-based conduct and a high level of employee engagement and performance form the basis for a sustainable and social working environment. Compliance In addi