ABOUT THIS REPORT

This is the first Environmental, Social and Governance (ESG) Report of Aalborg Portland A/S, replacing the annual Environmental Report initially published in 1996. As one of the first companies in Denmark to report thoroughly on environmental (E) impacts, Aalborg Portland is proud to continue reporting in a new format, increasing the focus on social (S) and governance (G) issues.

Aalborg Portland has worked with its environmental, social, and governmental impacts for many years, but now sees it fit to publish a more detailed and combined statutory report on the company’s performance and progress.

The report covers Aalborg Portland’s activities in relation to the Aalborg Portland cement plant situated in Rørdal east of Aalborg, Denmark. Activities in other legal entities within the Aalborg Portland Holding Group, owned by the Cementir Holding Group (hereinafter referred to as “Cementir” or “the Group”), are not covered in this report. All information in this ESG report is in accordance with the consolidated sustainability statements of the

Group given in Cementir’s Sustainability Report 2022, which also constitutes Aalborg Portland’s compulsory statement on corporate social responsibility, cf. section 99a of the Danish Financial Statements Act.

The report covers the financial reporting year from 1 January 2022 to 31 December 2022.