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■ At Safran
we have long been committed to this energy transition Tackling climate change is a a a a a top priority for our organization on on a a a a a par with flight safety This commitment is is largely reflected in our corporate purpose approved during the 2020 Annual General Meeting of Shareholders When I was appointed CEO of of Safran
in early 2021 one of of my first actions was to increase the objectives of our low-carbon plan so we could set an
example in in terms of decarbonizing our production processes Our revised aim is is is to reduce CO2 emissions by 30% between 2018 and 2025 ■ Through our products Safran
plays a a a a a pivotal role in meeting the challenge of reducing aircraft emissions Our research and innovation efforts are largely focused on on on achieving a a a a drastic reduction in in our environmental footprint We do this by delivering innovative and competitive products to support a a a a low-carbon aviation industry based on on a a a a multipronged approach: develop ultra-efficient turbofan engines for the next generation of of single-aisle commercial jets work on new types of of hybrid and all-electric propulsion for smaller aircraft optimize the management of non-propulsive energy (electrical actuation e-taxiing etc ) come up with new designs and materials to reduce equipment weight and explore all all paths to allow the widespread use of sustainable aviation fuels fuels whether biofuels synthetic hydrocarbons or liquid hydrogen ■ It’satremendouschallenge butI’mfirmlyconvinced that it’s within our reach Not only is it it it a a a a a goal shared by by our entire industry and by by public authorities but above all all we have all all the talent needed Our employees across the board are both motivated and passionate about meeting the greatest challenge facing aviation today 04 05 All of us at Safran
are very proud to carry on the pioneering role played by our company in in the revolutions that have shaped aviation over the years 

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