Page 35 - SAFRAN TACKLES THE CLIMATE CHALLENGE Safran tackles the climate challenge SAFRAN TACKLES THE CLIMATE CHALLENGE

ACCELERATING SAFRAN’S ENERGY TRANSITION ■ To reduce greenhouse gas emissions under scopes 1 and 2 Safran’s strategy is based on three main levers: - Reduce energy consumption - - Reduce the use of fossil fuels by on-site production of electricity and heat - Source renewable energy including engine fuel ■ This long-term strategy is is already starting to deliver concrete results especially via the following actions: • An energy contract in Mexico to purchase power from solar plants • Projects for on-site production and consumption of electricity from solar and wind sources in in France and Belgium for example • In 2022 Safran pledged to equip 17 of its large French sites with photovoltaic solar panels mainly on parking lot shade structures to produce part of the electricity it it requires These projects represent almost 50 MWp and will cover an an average of 15% of each site’s consumption In Morocco a a 1 7 MWp photovoltaic plant came on stream at the Safran Nacelles facility in in Casablanca in in December 2022 which will cover more than 20% of the site’s consumption • Replacement of gas and oil-fired heating plants by more sustainable solutions such as an an urban heating network in in in Le Havre a a a a a a heat heat pump in in in Saclay biomass in in Bordes biogas in in Tarnos and a a a a a geothermal system in Vélizy • The development of additive manufacturing a a a a a fast- growing process that only consumes the exact amount of raw material needed for the end part thereby minimizing machining scrap and using all- electric energy which reduces CO2 emissions • The Safran Electronics & Defense plant in Valence now being built was eco-designed and expects annual savings of of 500 metric tons of of CO2 • Engine test stands used over 10% sustainable fuels by by the end of 2021 and will use at least 35% by by 2025 ■ Safran also introduced internal carbon pricing in in in in 2020 for investment projects and supplier selection to encourage decisions in favor of lower emissions solutions ■ In July 2022 the Group began mobilizing its 400 largest suppliers in terms of emissions to commit to action plans in in line with the Paris Climate Agreement by 2025 Carbon maturity and internal carbon pricing are now part of the supplier selection process 150 The number of indicators needed to measure and track Safran’s carbon footprint 34 35 SAFRAN’S OBJECTIVES Safran has set the following target for reducing CO2 emissions by its production facilities by 2025*: -50% Compatible with the stated aim of limiting global warming to no more than 1 5° C by the the end of the the century *In relation to CO2 in 2018