The year 2023 went down in history as the hottest year recorded globally. We express our condolences to those affected by the disasters caused by climate change both in the world and in our country, and I would like to share the actions we are taking to cope with this climate change. As a company, we continue our efforts to prevent this significant change.

As Ege Fren, we play a role in the processing of iron-steel raw materials in the automotive sector. We are in a key position in the production of brakes, one of the most critical safety parts in vehicles, and we are aware of this responsibility. We continue to produce reliable products and remain a preferred choice by our customers. In our sector, which has high environmental impacts due to the raw materials we use, we aim to minimize the environmental impacts in our production processes while also remembering our social responsibilities. We are developing various projects to increase our contributions to society. We place great importance on our supplier relationships and cooperate in transformation processes in this area to reduce our emissions.

As part of our climate actions, we decided to calculate our emissions according to the ISO 14064-1 standard and to carry out a verification audit with an accredited organization in 2024. By developing our targets so as not to exceed the critical level of 1.5°C global warming, we aim to continue our fight against the climate crisis and achieve net zero emissions by 2035. In this context, I would like to state that we plan to conduct CDP reporting and become a supporter of SBTi.