Prysmian Energy Transition 2022

14 | Prysmian Group | Energy transition - White paper 2022 of Prysmian’s submarine cable operations while reducing costs and timetables for clients due to the ship’s larger loads. The first mission assigned to the Leonardo da Vinci vessel is the installation of the Viking Link submarine cable connection between the UK and Denmark, the world’s longest power interconnection. Climate and Social Targets In line with the requirements of the Paris Agreement, Prysmian is adopting science-based targets, and endorsing the “Business Ambition for 1.5°C” campaign. Our Net Zero emission target has been brought forward to 2035 and our commitment to reduce absolute Scope 1 and 2 GHG emissions by 46% by 2030, from the 2019 baseline, has received the approval of the Science Based Targets initiative, certifying that it is in line with the 1.5°C goal. Our climate targets are complemented by our new social targets, which include a commitment to 30% of senior leadership roles to be held by women and more than 500 new female hires with Stem backgrounds by 2030. The group has planned investments in the range of €450million by 2022 (over 50% of total investments), which are also intended to further improve the sustainability of its organisation and supply chain. Source: Prysmian Group 2019 2030 2040 2050 Carbon emissions reduction (%) -46% 2030 Scope 1&2 interim target Scope 1&2 “1.5C pathway” Scope 3 “2C pathway” -14% 2030 Scope 3 interim target Net Zero 0 100 Baseline year Scope 1&2 Net Zero by 2040 or earlier Scope 3 Net Zero by 2050

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