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ECCO Sko A/S/ Annual report 2022 Corporate Social Responsibility ECCO builds our business on a foundation of respect for our people, the environment, and society as described in our Code of Conduct. CORPORATE GOVERNANCE 1. Designing and making products of the highest quality, always seeking to understand what our consumers want and meeting their expectations. 2.Creating good jobs for ECCO’s employees, who are the core of our business, always offering lifelong training and education and new challenges to increase their job satisfaction. 3.Caring for the environment. Whilst acknowledging there will be polluting activities, ECCO is committed to minimising these and to always meeting or exceeding the highest environmental standards wherever we are active. 4. To be able to fulfil these ambitions, operating a healthy and efficient business with sufficient profitability to fund ECCO’s ambitions and also safeguarding the future of the company and its employees. 5. Benefitting shareholders and employees as well as suppliers and customers and understanding and supporting the local communities where ECCO is active. 6. Maintaining a widely experienced Supervisory Board, closely involved in the company’s strategy, activities, and risk management. 7. Being an innovative company, which is always evolving and discovering new and better ways of doing things. 8. Behaving correctly and decently in all of ECCO’s activities and complying with ECCO’s Code of Conduct at all times. 9. Expecting management and employees to be vigilant if they observe any breaches of ECCO’s Code of Conduct. Any breach should be reported to ECCO’s Corporate Governance Audit team. 10. ECCO’s Whistleblower system is available for all of ECCO’s employees to use to report serious offences. HUMAN RIGHTS ECCO’s stance on human rights is rooted in our Code of Conduct, where seven out of ten commitments directly relate to internationally defined human rights. ECCO has further defined a Human Rights Policy, which sets out ECCO’s determination to take a proactive approach to protecting internationally recognised human rights. The responsibility to monitor the implementation of ECCO’s human rights policies lies in ECCO’s Group Corporate Responsibility department. As part of the ongoing human rights due diligence, the department monitors relevant standards, best practices, and legal requirements to ensure that we continuously improve our human rights due diligence system and mitigate potential negative impacts and risks. ECCO has a Group Corporate Responsibility Steering Committee, where employees at management level and internal experts discuss ECCO’s performance, related projects, and monitor and address risks. A main component of ECCO’s due diligence system is to educate our employees in ECCO’s Code of Conduct. Our Group Corporate Responsibility department facilitates several updates every year to larger employee groups. Both activities continued in 2022. In order to enable employees to raise concerns related to human rights and other ethical matters, ECCO has a whistleblower system. A core task for 2023 is to keep improving ECCO’s human rights due diligence system. SOCIAL AND EMPLOYEE CONDITIONS It is ECCO’s policy to ensure our employees have attractive jobs and continue to offer them lifelong learning, education, and new challenges at both local and global level. DEVELOPING OUR PEOPLE Over time, we have developed and refined several training programmes for our employees with the aim of taking our overall skill set to a higher level, and in 2022, we continued building upon this development. 11Page 13Page 15