Derichebourg // 2020-2021 Universal Registration Document

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Financial and accounting information Consolidated financial statements at September 30, 2021 Accounting policies, rules and methods

Business Services By its very nature, Business Services has a very low environmental impact. Environmental issues are managed by the Quality, Safety and Environment (QSE) Department and form an integral part of each entity’s general policies. QSE contacts within the various entities are responsible for implementing environmental initiatives and have the role of: ensuring compliance with regulations; responding to client demands such as external evaluation questionnaires required by some of our major clients (such as EcoVadis and Carbon Disclosure Project assessments). External audits are also conducted by clients; drawing up CSR diagnostics and implementing action plans. These impacts are taken into consideration within the context of the global Corporate Social Responsibility initiative defined as a result of a diagnosis conducted using the approach described by the French Federation of Cleaning Companies (FEP). Environmental Services Due to the very nature of its Environmental Services operations, which involve recycling metals, the Derichebourg Group is helping to preserve the planet’s natural resources (iron ore, copper, bauxite, etc.). Recycling metals saves a significant amount of energy compared with the primary production of such metals, with up to 94.8% for aluminum and 16.5% for steel (source: Report on the economical benefit of recycling, Bureau of International Recycling). In this way, the Group is helping to reduce greenhouse gas emissions, as detailed in section 1.6 of Chapter 1 of this Universal Registration Document. For almost ten years, each regional subsidiary has had an Environmental Officer (reporting to the Environmental Services director), who liaises with the relevant authorities (DREAL, prefectures, water agencies, local councils, waterways, associations, etc.) in order to: check that the Group’s business activities are conducted in accordance with current legislation and regulations (operating licenses), as poorly managed recycling activities can cause pollution; learn about regulatory changes; ensure that facilities are supervised and releases to the environment are monitored and controlled; train and inform colleagues about best practice. Likewise, operations are often conducted on land with an industrial past, whose history is not always available. Where necessary, soil surveys are conducted in application of regulatory changes. To the Group’s knowledge, no pollution hazards have been revealed for which a provision has not been made or for which a solution has not been found.

Provisions 2.3.17 Provisions are liabilities whose due date or amount cannot be precisely determined. They are calculated based on the discounted amount corresponding to the best estimate of the resources required to meet the obligation. Provisions for business disputes concern, for the most part, employment disputes. They are calculated on a case-by-case basis in Environmental Services and, considering the number, on a statistical but nominal basis in Business Services. Provisions for restructuring include the cost of the plans and measures decided on, where these have been announced before the year-end date. Provisions for service awards 2.3.17.1 In Environmental Services, a bonus linked to service awards is given to employees after a certain number of years of service. The service awards are determined based on a discounted calculation taking into account assumptions about the probability of employees remaining with the Company, as well as a 0.75% discount rate. The bonuses are paid according to the service period required for the Current provisions 2.3.17.2 Current provisions represent provisions directly related to the operating cycle of each business line, whatever the term required for their reversal. The provisions for other current risks are mainly provisions for late-delivery penalties, provisions for individual redundancies and other risks arising from business operations. Non-current provisions 2.3.17.3 Non-current provisions represent provisions not directly related to the operating cycle and whose term is generally greater than one year. They are mostly provisions for litigation. Non-current provisions for a term of less than one year are recognized on the balance sheet under current provisions. Provisions for environmental risks 2.3.17.4 Provisions for environmental risks are established whenever there is a legal or contractual requirement to restore an operating site, or whenever the Company is deemed liable for a quantifiable environmental risk. These provisions are measured on a site-by-site basis by estimating the cost of the work (see section 1.5.1.2). service awards: silver 20 years: €500 vermeil 30 years: €800 gold 35 years: €1,100 grand gold 40 years: €1,500

DERICHEBOURG 2020/2021 Universal Registration Document 148