APPENDIX MATERIALITY ASSESSMENT

IN 2020, NOVOLEX ENGAGED a leading sustainability consultancy firm to conduct a materiality assessment. We identified and prioritized topics most important to the business and our stakeholders, resulting in 23 topics, including nine high-priority, Tier 1 topics. Our Tier 1 topics influenced the disclosures addressed in this report and in our Global Reporting Index (GRI) and Sustainability Accounting Standards Board (SASB) content index on the following pages.

The content indexes below provide Novolex disclosures relevant to the GRI Standards and the SASB frameworks unless otherwise noted. Novolex reports in accordance with the 2021 GRI Universal Standards and in alignment with SASB’s Containers & Packaging Industry Standards.