Technoprobe

Technoprobe's Corporate Governance is based on the principles of correct and transparent management of business activities, to which the information flows between the corporate control bodies and the internal control and risk management system also contribute. The main corporate bodies are:

• the Shareholders' Meeting;
• the Board of Directors ("BoD"), with its internal board committees;
• the Board of Statutory Auditors. The statutory audit of Technoprobe's financial statements, and of the Group's consolidated financial statements, is entrusted to the independent auditors PricewaterhouseCoopers S.p.A..

The Board of Directors plays a central role within the Governance System, as it is assigned the functions and responsibility of determining strategic and organisational guidelines and ensuring that the Group operates in compliance with laws and regulations. The Board of Directors of Technoprobe in office as of December 31, 2024 was appointed by resolution of the Shareholders' Meeting of April 24, 2024, and will remain in office until the date of approval of the financial statements for the year ended December 31, 2026.

The Board of Directors consists of 9 members (the Chairman, the Vice-Chairman, the Chief Executive Officer and six Directors), of whom 3 have executive and 6 non-executive positions. Of these, 5 members are independent.

Technoprobe has adopted a Policy on the diversity of management and control bodies, aimed at defining the principles and guidelines adopted regarding the diversity of corporate bodies, with reference to age, seniority, gender, skills and independence. Diversity in terms of gender, age, educational and managerial profiles guarantee the critical sense that feeds a collaborative discussion among members, thus improving the management of Technoprobe's organization and activities. In the Board of Directors of Technoprobe, the ratio between the female and male component is 29%.

Three committees have been identified within the Board of Directors:

• Control, Risk and Sustainability Committee, which consists of 3 members. The female component represents 67% (2); the male component 33% (1).
• Nomination and Remuneration Committee, which consists of 3 members. The female component represents 33% (1); the male component 67% (2).
• Related-Parties Committee, which consists of 3 members. The female component represents 67% (2); the male component 33% (1).

As of December 31, 2024, the Board of Statutory Auditors consists of 3 members: the female component represents 67% (2), while the male component represents 33% (1) to which are added 2 alternates.

The members of the Board of Directors are highly qualified and have academic skills in the technical-scientific fields (with doctorates in electrical engineering), economics and finance and risk management. Some of these have consolidated specific experience in the semiconductor market, a key sector for the Group, and in the development of processes, products and international patents. Others have gained in-depth knowledge in the field of legal and corporate affairs and compliance, within leading manufacturing companies in the electrotechnical/electronic sector. In addition, the executive members of the Board of Directors have developed local and international management skills within the Group companies and have a deep knowledge of the geographical areas of reference.

The Board of Directors of Technoprobe does not include members representing employees or other workers.

The supervision of impacts, risks and opportunities is mainly entrusted to the Board of Directors of Technoprobe, which plays a central role in the strategic and operational management of the Group. The Board of Directors is assisted by three internal Board committees: the Control, Risk and Sustainability Committee, the Nomination and Remuneration Committee and the Related-Parties Committee. Each Committee has specific responsibilities and is responsible for monitoring and managing impacts, risks and opportunities, at a strategic and operational level.

Responsibilities for the management of impacts, risks and opportunities are integrated into the mandates of the Board of Directors and the terms of reference of the Board committees. The Board is responsible for overall oversight, while the committees focus on specific risks and opportunities, including those related to the economic, environmental and social spheres. The company's governance and control choices include risk management and sustainability and are regularly updated to align with current regulations and corporate objectives.

The Board of Directors has delegated the operational management of impacts, risks and opportunities to Technoprobe's Top Management, which is responsible for monitoring sustainability issues related to its area of expertise. The reporting lines are structured so that the committees receive regular updates from the company management on the management of impacts and risks, and the Board has direct access to information relating to risks and opportunities, both from the committees and from the direct management reports.

Technoprobe applies specific controls and procedures to manage impacts, risks and opportunities on environmental, social and governance issues; these controls are an integral part of the risk management system and are aligned with other internal functions, such as financial control and operational management. Risk management choices are monitored and adapted according to the evolution of risks and opportunities.

The Board of Directors oversees the definition of strategic objectives and the monitoring of impacts, risks and opportunities. The objectives are defined in collaboration with the internal board committees, in particular with the Control, Risk and Sustainability Committee, which supports the formulation of strategies to address material risks and opportunities. Progress is regularly monitored through periodic reports, which are presented to the Board of Directors, to ensure that sustainability and risk management objectives are effectively achieved.

The members of the Board of Directors, the Board of Statutory Auditors and the members of the Top Management, as a whole, possess diversified skills, which include knowledge and experience that are reflected in aspects related to sustainability and directly related to significant impacts, risks and opportunities, including governance, environmental and social issues (including, the impact of production operations on climate change, social risks related to working conditions and supply chain management, and the opportunities arising from responsible and innovative management of business processes), which are essential for the Group's strategic orientation. These skills are developed through continuous training activities and discussion with external experts.

In defining and supervising the Group's strategic direction, Technoprobe's Board of Directors is committed to promoting a corporate culture based on ethics and sustainability values, ensuring that the Group's strategies and objectives are aligned with the values and principles defined in the Code of Business Conduct on which the Board of Statutory Auditors carries out supervisory activities. Aware of this responsibility, the members of the Board of Directors and the Board of Statutory Auditors possess adequate skills in the field of business conduct, which are essential to ensure the proper management of the Group's activities. In particular, most of the members of the Control, Risk and Sustainability Committee have gained significant experience in governance, compliance and sustainability, and have deepened internal control and risk management issues.

The Board of Directors and the Board of Statutory Auditors of Technoprobe receive regular updates on issues related to impacts, risks and opportunities relevant to the Group. The information is provided by the competent Departments, which are responsible for collecting and analysing the needs related to the Group's activities, any actions taken or to be taken, and the related results. For particularly critical topics, extraordinary sessions or dedicated workshops can be organized to ensure adequate in-depth study. In this regard, in 2024 the Board of Directors and the Board of Statutory Auditors of Technoprobe were involved in an in-depth session on issues related to the CSRD.

Relevant impacts, risks and opportunities are integrated into strategic planning processes and key decisions, and Technoprobe's Board of Directors takes these aspects into account when evaluating relevant transactions, such as acquisitions, investments or significant strategic changes. For a list of material impacts, risks and opportunities addressed by the administrative, management and control bodies during 2024, please refer to "ESRS 2 General Information", section "SBM 3 Material impacts, risks and opportunities and their interaction with strategy and business model".

Technoprobe has implemented a remuneration system that includes a variable component of remuneration linked to the achievement of objectives consistent with sustainability issues. The incentive is aimed at ensuring coherence, in terms of actions and results, also in this area. Key incentive include: • annual performance-related bonuses, both individual and corporate, including Environmental, Social and Governance ("ESG") performance; • long-term incentive plans ("LTI"), which may include financial instruments, intended to strengthen management's involvement in sustainability strategies. Sustainability-related performance metrics are included in Technoprobe's Remuneration Policy as a specific objective, accounting for 10% of the annual variable component (Short Term Incentive).

The ESG objective is divided into two phases: • the definition of the Double materiality which assesses the impact of the company's activities on sustainability factors, risks and ESG opportunities, and includes scenario analyses on climate and environmental risks; • in the approval of the Sustainability Plan, which defines ESG strategies and objectives in accordance with ESRS standards, with short, medium and long-term targets. The terms of the incentive systems of Technoprobe are approved by the Board of Directors, on the recommendation of the Nomination and Remuneration Committee; the Remuneration Policy is updated and aligned with regulatory developments and the Group's strategic priorities, considering the best market practices in terms of sustainability.

Currently, the remuneration system for the members of Technoprobe's administrative, management and control bodies does not include specific climate-related considerations.

In order to provide an overview of the due diligence practices implemented by Technoprobe, a mapping is provided below that illustrates in which sections of the Sustainability Statement the application of the main aspects and phases of the due diligence process is treated. The information in the table below helps to outline a framework for the management of the impacts that the Group causes or could cause in the environmental, social and governance fields, and based on which to prepare a more articulated strategy in the future.

A structured process and a formal policy on the subject will be structured subsequently.

Core Elements of Due Diligence:

a) Embedding due diligence in governance, strategy and business model - ESRS 2 – General information | GOV-1 – The role of the administrative, management and supervisory bodies; ESRS 2 – General information | GOV-2 – Information provided to and sustainability matters addressed by the undertaking's administrative, management and supervisory bodies; ESRS 2 – General information | SBM-1 – Strategy, business model and value chain

(b) Engaging with affected stakeholders in all key steps of the due diligence - ESRS 2 – General information | SBM-2 – Interests and views of stakeholders; ESRS 2 – General information | IRO-1 - Description of the processes to identify and assess material impacts, risks and opportunities; ESRS S1 – Own workforce | Processes for engaging with own workers and workers' representatives about impacts; ESRS S2 – Workers in the value chain | Processes for engaging with value chain workers about impacts; ESRS S3 – Affected communities | Processes for engaging with affected communities about impacts; ESRS S4 – Consumers and end users | Processes for engaging with consumers and end-users about impacts

c) Identifying and assessing adverse impacts - ESRS 2 – General information | SBM-3 - Material impacts, risks and opportunities and their interaction with strategy and business model; ESRS 2 – General information | IRO-1 - Description of the processes to identify and assess material impacts, risks and opportunities

d) Taking actions to address those adverse impacts - ESRS E1 – Actions and resources in relation to climate change policies; ESRS E2 – Actions and resources related to pollution; ESRS E3 – Actions and resources related to water and marine resources; ESRS E5 – Actions and resources related to resource use and circular economy; ESRS S1 – Taking action on material impacts on own workforce, and approaches to mitigating material risks and pursuing material opportunities related to own workforce, and effectiveness of those actions; ESRS S2 – Taking action on material impacts on value chain workers, and approaches to managing material risks and pursuing material opportunities related to value chain workers, and effectiveness of those action; ESRS S3 – Taking action on material impacts on affected communities, and approaches to managing material risks and pursuing material opportunities related to affected communities, and effectiveness of those actions; ESRS S4 – Taking action on material impacts on consumers and end-users, and approaches to managing material risks and pursuing material opportunities related to consumers and end- users, and effectiveness of those actions

e) Tracking the effectiveness of these efforts and communicating - ESRS E1 – Targets related to climate change mitigation and adaptation; ESRS E2 – Targets related to pollution; ESRS E3 – Targets related to water and marine resources; ESRS E5 – Targets related to resource use and circular economy; ESRS S1 – Targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities; ESRS S2 – Targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities; ESRS S3 – Targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunitie; ESRS S4 – Targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities

During 2024, the Group embarked on a path aimed at the gradual structuring of an Internal Control and Risk Management System on Sustainability Reporting (so-called Internal Control on Sustainability Reporting "ICSR"), aimed at monitoring both the process of preparing the Sustainability Statement and the main qualitative and quantitative information contained therein.

This model has been developed in line with the requirements of the ESRS and represents the set of procedures and tools adopted to enable the achievement of the corporate objectives of reliability, accuracy, reliability and timeliness of disclosure as well as the correct use of standards for the purposes of Sustainability Reporting.

With reference to the risk management and internal control system in relation to the Sustainability Reporting process, the Group, through the Manager in Charge (Group Chief Financial Officer), has defined and implemented a system for controlling and reporting sustainability information. The model designed will be supported, as early as 2024, by periodic checks on the design of controls, to support the attestation of sustainability disclosures.

The system consists of:

• a procedure dedicated to the process of preparing the Sustainability Statement, through which the Group formalised the roles and responsibilities of the actors involved in the process;
• a process dedicated to identifying the main risks related to the Sustainability Statement and defining controls through the formalization of dedicated matrices (Risk and Control Matrix);
• matrices that describe, for each Disclosure Requirement ("DR") relevant for the purposes of the internal control system on the Sustainability Statement process, what are the ESG misreporting risks and the associated control activities;
• a process of monitoring the adequacy and effective application of company procedures through the verification of the design of key controls;
• an internal attestation process, which requires the delegated administrative bodies to send declarations to the Manager in Charge, regarding the completeness and reliability of the relevant information flows and the correct functioning of the internal control system;
• a process of external attestation by the Manager in Charge pursuant to art. 154-bis, paragraph 5-ter of Legislative Decree 58/1998.

The control system underlying the Sustainability Reporting will undergo a continuous updating and maintenance process to ensure that the identified and formalized risks and controls related to sustainability reporting activities remain adequate, also considering potential process and organizational changes. In this context, the design activities for the control matrices related to the relevant DRs, already initiated during the 2024 financial year, will be progressively completed to cover the relevant scope for the internal control system throughout the 2025 financial year.

In 2024, the Group conducted an activity aimed at identifying the main risks related to the Sustainability Statement process; in this context, a procedure dedicated to the process of preparing Sustainability Statement was therefore designed and implemented, which allowed the Group to formalize the various control points present, to ensure that it complies with the regulations and principles governing its drafting, as well as to minimize the likelihood and impact of any errors. The control system is based on the assessment of the risk of error in reporting and this has been developed based on qualitative and quantitative criteria; on the basis of the relevant sustainability issues identified through the Double Materiality exercise, significance thresholds were defined to identify the degree of priority for mapping the control system underlying the DRs. In addition, in prioritizing the information subject to reporting, for the purposes of the related internal control system, additional qualitative criteria were considered:

(i) issues that emerged as relevant in consideration of the objectives/aspects reported in the 2023 Non-Financial Statement; (ii) issues valued within the data communicated outside the company for which there is a commitment from the organization (e.g. rating agencies); (iii) further qualitative assessments, in application of the professional judgment of management.

The main reporting risks identified by the Group mainly concern the lack of accuracy and completeness of the data (due to possible errors during the information collection and aggregation phase), discrepancies with respect to the supporting documentation, as well as the risk of non-compliance with the assertions and principles for preparing sustainability reporting (e.g. neutrality, comparability, relevance, etc.).

To mitigate the identified risks, specific control activities have been identified, mainly manual, represented in Control Matrices (Risk and Control Matrix).The Group has also planned, as early as 2024, to conduct periodic checks on the design of controls on the process of preparing Sustainability Reporting, in order to assess the stability of the control model supporting the certification of Sustainability Reporting and verify the adequacy of the related risk mitigation strategies. In this context, and in line with the evolutionary path launched this year, the Group will provide for annual monitoring plans for the controls designed, which will also focus on the companies included in the reporting scope. The results of the checks carried out by the Group will subsequently be shared with the Board of Directors and, if necessary, with the Board of Statutory Auditors, also through the Control, Risk and Sustainability Committee. Any critical issues found in the control and monitoring process will be communicated to the relevant corporate functions, who will proceed with the necessary corrective actions to ensure the mitigation of the underlying risks.

The Manager in Charge, with the support of the Sustainability Manager, collaborates with the administrative bodies to ensure the updating and implementation of the internal control system on Sustainability Reporting.

The Manager in charge of preparing financial statements informs the Board of Directors and the Control, Risk and Sustainability Committee, at least annually, in the presence of the Board of Statutory Auditors, about the results of the monitoring activities and provides evidence of any critical issues or points for improvement identified in the reference period, proposing interventions and initiatives to remedy them in coordination with the Group's Chief Executive Officer ("CEO").

The Group is a leader in the semiconductor and microelectronics sector, is the only European player in its reference market and is present internationally, through 21 offices. The Group specializes in the design, development and production of Probe Cards for testing non-memory semiconductors. Probe Cards are fully customized devices that allow you to test the operation of chips during their construction process; they are, therefore, projects and technological solutions that guarantee the operation and reliability of devices that play a decisive role, among other things, in the computer industry, smartphones, the Internet of Things, home automation and automotive. Probe Cards are interfaces customized to the design of customers' devices, therefore, intimate knowledge of the needs of its customers is the starting point for the creation of the product and for maintaining the Group's competitive advantage. Dialogue and relationship with customers take place both in areas related to the creation of the specific product (with the understanding of the technical specifications and the proposal of the most suitable solution), and on a broader spectrum with the alignment of technological roadmaps with those of customers, as well as, finally, with the creation of after-sales service infrastructures suitable for the localization strategies pursued by customers.

As of December 31, 2024, the Group had 3,355 employees, of which 1,758 in Europe, 10 in the United Kingdom, 296 in the United States and 1,291 in Asia.

As of December 31, 2024, the Group's total revenues stood at €543 million. Please refer to section Group's results of operations "6.1 Group's results of operations" of the Annual Financial Report for more details.

Over the last few years, the Group has become increasingly aware of its role in Italy and internationally, and of the positive contribution it generates to sustainable development. In this regard, with the desire for this contribution to be effective and long-lasting, the Parent Company has embarked on a path aimed at identifying the most relevant sustainability areas and issues, respecting the peculiarities, traditions and culture of the territories in which it operates and the expectations of its stakeholders. Great attention is paid to the latter, towards whom the Group is very interested and promotes active listening, in order to effectively direct its strategy, as well as investments and controls.

With reference to sustainability, the Parent Company has identified the following areas to be addressed:

1. responsible business, i.e. carrying out business activities by reconciling economic performance with ethics and integrity-oriented behaviour, along the entire value chain;
2. product innovation and security, i.e. promoting innovation and digitization, always maintaining the focus on IT security and regulatory compliance;
3. attention and commitment to people and the community, i.e. to contribute to the well-being and protection of the health and safety of employees and collaborators, actively participating in the development of local communities;
4. environmental sustainability and use of resources, i.e. reducing and mitigating the environmental impacts deriving from business activities. For each area, some strategic objectives were identified, subsequently divided into actions and, for each of these, the following were identified: • responsibilities and resources, not only economic: • a reference time frame; • the main expected benefits and/or impacts. Technoprobe will structure a monitoring activity of the identified objectives, both locally and internationally.

The Group's value chain is divided into three main phases:

Upstream In this phase, the players who make up the Group's supply chain and who deal with all operations aimed at the procurement and management of raw materials, components, finished products and services are concentrated. Specifically, the Group's supply chain consists of: • supply of raw materials, including printed circuit boards (PCBs), metal alloys, silicon, process solutions for surface chemical treatments, chemicals, pastes, resins, solder wires and technical gases; • supply of components/finished products, including printed circuit boards, electronic or mechanical components, screws, packaging; • supply of indirect/auxiliary products, functional to the production process, including gases and chemical products (these, for example, also include refrigerants for plants); • supply of machinery and production equipment; • provision of services, including consultancy and professional services; services for product qualification (prototyping); design services; software licenses; maintenance, administration agencies, canteen service, waste transporters and disposers, cleaning services of the work environment; • other supplies not related to the Group's core activities; • outsourced subcontracting processing, mainly for material preparation, chemical or surface treatments, manufacturing services (including assembly of electronic components and mechanical processing), repair services; • inbound transport, mainly managed by Technoprobe, but carried out with the help of third-party couriers. The Group's supply chain is globally extended.

Own operations This phase concerns the internal activities that the Group companies carry out to develop new products and manage production in an efficient and innovative way, and is crucial to ensure that the final products are able to meet the needs of the market, while reflecting the required quality, sustainability and competitiveness standards. Specifically, the Group's operations consist of: • logistics and warehouse management; • research and development, aimed at both the introduction of new products and the implementation of new production processes; • design, technical activity of product design, based on the specifications requested by the customer; • production, which covers thousands of PCBs, thousands of probe heads and millions of probes every year; • commercial services, for customer relationship activities; • after-sales, for the management of any complaints; • management activities, including personnel management, communication and marketing, administration and finance, investor management, sustainability, purchasing, corporate affairs, internal audit, legal activities. Geographically, the Group's operations are concentrated in Italy, France, the United States, Taiwan, Korea, the Philippines and Singapore. In addition, the Group also carries out commercial activities in Germany, China and Japan.

Downstream In this phase, the activities following production are concentrated, which concern distribution, sale, use of the product and, finally, waste management. Specifically, this phase consists of: • outbound transport, managed mainly by the customer with the help of third-party couriers and only residual by Technoprobe (for example, in the case of subcontracted work); • chip manufacturers, who use probe cards to test chips; • end of life of probe cards, managed directly by the customer. The Group's customers are distributed globally.

To mapping the Group's value chain, a context analysis, both internal and external, was conducted with the aim of identifying the main players involved along the entire value chain, and any hot-spots or dependencies. The process also involved the Top Management of the Group's main functions, to gather internal know-how on the main flows, knowledge and operational experience. The information collected was subsequently consolidated into a single representation of the Group's value chain, considering the diversity of each individual company and enhancing the synergies between the different companies.

The Group does not develop products or services that are prohibited in any market. In addition, the Group is not active in the fossil fuel sector, the manufacture of chemicals, controversial weapons, or the cultivation and production of tobacco.

Technoprobe has identified its stakeholders and defined the methods and purposes of their involvement. Internal stakeholders are employees and collaborators, while external stakeholders are customers, suppliers, investors and stakeholders within the local community, including schools and non-profit organizations.

With reference to the workforce, interaction takes place through internal communication channels (e.g., intranet platform), reporting channels (e.g., whistleblowing) and the organization of initiatives and events, including team-building activities, training and feedback sessions. Technoprobe's goal is to maintain own workforce satisfaction while also improving retention.

Technoprobe maintains a constant dialogue with customers to ensure clear and transparent communication and to understand their needs. The goal is to offer customized solutions, in line with the most advanced technological standards, constantly improving the quality of products and services, through the offer of innovative solutions.

For suppliers, as indicated in the Supplier Code of Conduct, a dedicated channel ("Whistleblowing Channel") is available to collect any reports.

The Investor Relations function ensures constant dialogue with the financial community (shareholders, investors, analysts, rating agencies) through the provision of corporate information and documentation, in a timely and continuous manner, on the website and through meetings (roadshow, participation in industry conferences). The dialogue with shareholders and investors is aimed at updating them with reference to the Group's strategy and economic-financial performance, as well as issues relating to the market and regulatory context of reference.

Within local communities, Technoprobe maintains constant exchanges with schools and non-profit organizations. It regularly has discussions with schools to learn about and identify opportunities for improvement for young people, while with non-profit organizations to actively contribute to the social and environmental criticalities characteristic of the geographical areas in which Technoprobe operates.

Technoprobe takes into consideration any specific requests and needs by addressing the requirements received in the most appropriate manner.

In 2024, Technoprobe involved its Top Management and a sample of external stakeholders, including customers, investors, credit institutions and local associations, in the Double Materiality process. The insights that emerged will be considered in the decision-making process, and will influence the policies, objectives and sustainability initiatives promoted. Technoprobe is evaluating the development of specific communication tools and channels aimed at structuring these exchanges. The main topics arising from the stakeholder engagement process are periodically reported to the members of the Board of Directors, during specific sessions, with a view to contributing to strategic and risk management decisions.

Material impacts identified include: • Generation of indirect GHG emissions (Scope 3) from value chain activities • Generation of direct and indirect GHG emissions (Scope 1 and 2) from Group's facilities • Energy consumption from renewable and non-renewable sources • Use of substances of concern and very high concern • Water resource consumption in production processes • Depletion of natural resources • Recycling and reuse of waste and industrial symbiosis activities • Generation of hazardous and non-hazardous waste • Creation of a business ethics culture • Inadequate management of supplier relationships regarding sustainability issues • Development and enhancement of workers' skills through training activities • Deterioration of relations with trade unions and associations • Work-related injuries • Respect for employees' expectations in terms of well-being • Violation and loss of workforce data • Inadequate compensation • Failure to meet staff growth expectations • Lack of diversity among value chain workers • Incidents of discrimination in the workplace against workers along the value chain • Incidents of human rights violations against workers along the value chain • Violation and loss of workers' data along the value chain • Inadequate working conditions in the value chain • Creation of jobs and contribution to youth employment • Economic support to local community associations • Offering safe, high-quality, and durable products • Failure to meet customer satisfaction and expectations • Violation and loss of customer data

Material risks identified include: • Climate transition risks related to regulatory changes and compliance costs • Water scarcity risks and related mitigation costs in operations • Suboptimal waste management leading to increased costs and penalties • Unethical behavior resulting in penalties and reputational damage • Commercial misconduct leading to tax penalties and fines • Corruption cases exposing the Group to sanctions and legal actions • Absence of qualified personnel leading to increased training costs • Product non-conformities that do not meet quality standards • Loss of customer data resulting in additional costs and reputational damage

Material opportunities identified include: • Key supplier relationships generating resilience and synergies • Staff training with positive economic repercussions • Customer service management improving reputation and revenues

To date, the Group has not identified the presence of current financial effects related to sustainability risks and opportunities assessed as material.

The Group has decided, for this reporting year, to make use of the transitional phase-in provision regarding the anticipated financial effects of the company's material risks and opportunities on its financial position, results of operations, and cash flows.

In line with its commitment to an increasingly structured approach to sustainability issues, Technoprobe undertakes to periodically deepen its analysis with respect to significant impacts, risks and opportunities. To date, a quantitative analysis of the resilience of the strategy and business model with respect to its ability to deal with significant impacts and risks and exploit significant opportunities has not yet been formalized.

Following the revision of the materiality analysis, carried out by integrating the concept of Double Materiality, the impacts were reconsidered and reassessed compared to the previous reporting period. This process has made it possible to adapt the impacts identified to the specificities and dynamics of the new year, ensuring a timely update consistent with the evolution of the operating context and the Group's strategic priorities.

The Group has not highlighted the presence of material impacts, risks and opportunities that are not covered by the disclosure requirements of the ESRS and, consequently, does not need to resort to the use of entity-specific disclosures.

Technoprobe conducted a Double Materiality analysis to identify and assess IROs and, consequently, sustainability issues relevant to the business model and corporate strategy. The analysis was conducted in accordance with the Corporate Sustainability Reporting Directive and ESRS and the Implementation Guidance published by EFRAG. This approach combines impact materiality analysis, i.e. the assessment of the impacts generated by the Group on people and the environment, and financial materiality analysis, i.e. the assessment of risks and opportunities related to sustainability, which could affect the Group's economic and financial performance in the short, medium and long term.

The activity was conducted in 4 phases, taking into account what EFRAG reported in IG 1: Materiality Assessment Implementation Guidance. Below is a summary of the analysis phases:

1. UNDERSTANDING OF THE CONTEXT: in this phase, a context analysis, both internal and external, was carried out, which made it possible to deepen the relevant operational, regulatory and market aspects, with particular attention to sustainability issues; the analysis was extended to the Group's value chain. At the same time, the list of internal and external stakeholders of the Group was updated.

2. IDENTIFICATION OF IROS: in this phase, a long-list of potentially significant impacts, risks and opportunities for the Group has been defined, taking into account the sustainability issues contemplated in the Thematic ESRS standards and divided according to the granularity of the regulatory requirement contained in the "ESRS 1 – General requirements" principle. The identification of the long-lists also took into account the results of the previous materiality analysis, and the new information available within the Group was valued, taking into account the characteristics of the reference sector and the specificities of Technoprobe, and of the companies controlled by it, in terms of activities, geographical areas, for example.

3. IMPACTS, RISKS AND OPPORTUNITIES ASSESSMENT: In this phase, the previously identified impacts, risks and opportunities were assessed. The long-list of impacts was evaluated by Technoprobe's Top Management and a sample of stakeholders, through the sharing of a specific assessment questionnaire. The long-list of risks and opportunities was assessed by Technoprobe's Finance Department and subsequently validated by the managers of the risks and opportunities in question.

4. CONSOLIDATION OF RESULTS: in this phase, the assessments of impact relevance and financial relevance were consolidated, which led to the identification of sustainability topics relevant to the Group. The results of the Double Materiality process were presented to the Control, Risk and Sustainability Committee for preliminary comparison and subsequently submitted to the Board of Directors for validation and formal approval.

DEEP DIVE: IMPACT MATERIALITY

The current and potential impacts generated by the Group have been identified and assessed considering the specific operating context of the Group companies, in terms of activities, commercial relationships and the socio-geographical context of reference. The impacts were identified and assessed by also considering the entire Group value chain and identifying the type of contribution for each impact. The resulting aggregation accurately represents the significance of the impacts for the Group since, for the purposes of the assessment, any specificities of individual companies and/or players in the value chain were considered.

The assessment of the impacts was carried out by Technoprobe's Top Management and by the relevant impact owners, who identified the reference time horizons and assessed the severity/benefit criteria (considering the scale, scope and, where negative, irremediability) and probability (where potential) of each impact, without taking into account any mitigation actions (i.e., at an inherent level).

The criteria were evaluated by assigning a score on a scale from 1 to 5 and subsequently, for each impact, the overall relevance was calculated, given by multiplying between the criteria of severity/benefit and probability.

DEEP DIVE: FINANCIAL MATERIALITY

Risks and opportunities related to sustainability issues have been identified by adopting an approach that systematically considers the links between impacts, dependencies, risks and opportunities throughout the value chain. Technoprobe has assessed the possibility that its impacts – positive/negative, current/potential – may generate risks (such as potential operational, reputational and financial damage) and/or opportunities (such as improvement of operating performance, strengthening of relations with stakeholders). This process was based on an in-depth analysis of the interactions between operating activities, commercial relations and the socio-geographical context in which the Group companies operate.

The assessment of risks and opportunities was carried out by Technoprobe's Finance Department. Subsequently, the assessments were validated by the relevant risk and opportunity managers. The assessment was carried out with respect to the criteria of magnitude and probability, first at the inherent level, in the short, medium and long term. Subsequently, the mitigation measures put in place by the Group were mapped, and the assessment was carried out at the residual level, in the short, medium and long term.

The Double Materiality process is carried out in line with the Group's "Preparation and approval of Sustainability Reporting" Procedure, updated in 2024 to incorporate regulatory changes, and define the key activities and responsibilities of the actors involved in the process. The process is carried out annually in accordance with the provisions of the CSRD and the Implementation Guidelines published by EFRAG, and is coordinated by the Sustainability Manager and the Finance Department. The results of the Double Materiality analysis are submitted to the Manager in Charge, who verifies their completeness, accuracy and consistency with the requirements of the reference standards. Subsequently, the Control, Risk and Sustainability Committee examines the Double Materiality process in order to assess its methodological soundness and the relevance of the results, expressing a technical opinion. At this point, the Manager in Charge submits the results to the Board of Directors for evaluation and final approval.

Currently, the Group does not have an Enterprise Risk Management ("ERM") process. For this reason, the analysis of the impacts, risks and opportunities related to sustainability issues was conducted as part of the Double Materiality activities.

The input parameters used in the process of identifying and assessing impacts, risks and opportunities associated with sustainability are based on a multi-level approach. In the context understanding phase, the Group used data from public documentary sources and industry standards corroborated by internal analysis. In the IRO identification phase, a variety of metrics were integrated to capture the complexity of the Group's business, including the geographical and sectoral diversity of operations. In the IRO evaluation phase, the process focused on minimizing the use of estimates, preferring the use of reliable data and shared assumptions, consistent with the methodological definitions of the EFRAG Guidelines.

The materiality analysis described above has been modified compared to last year, moving from an approach based solely on impact materiality (according to the standard proposed by the Global Reporting Initiative "GRI") to an assessment that integrates the financial dimension, in accordance with the requirements of double materiality, as required by the CSRD. This adjustment entailed, in 2024, a substantial revision of the evaluation process to ensure alignment with the new regulatory standards. Key changes include the integration of the financial perspective alongside the impact perspective and the adoption of updated criteria and analysis tools. The next review of the process is scheduled for 2025.

The table below lists the ESRS disclosure requirements that guided the preparation of the Technoprobe Group's 2024 Sustainability Reporting.

Transition plan for climate change mitigation

The Group recognises the crucial role of companies in the fight against climate change and, although it has not currently defined a transition plan for climate change mitigation, the definition of a first decarbonisation plan is being assessed.

Material impacts, risks and opportunities and their interaction with the strategy and business model

Climate change represents a global challenge with significant impacts also in the operating environment of companies. The Group recognises the importance of understanding and managing the risks and opportunities associated with it, integrating these considerations into its business strategy and business model to ensure long-term resilience and contribute to a transition to a low-carbon economy.

With reference to climate change mitigation activities, aimed at limiting the rise in the global average temperature to within 1.5°C compared to pre-industrial levels, during the Double Significance analysis activity, a particularly significant transition risk was identified for the Group's activities deriving from the regulatory, technological and market context increasingly oriented towards a low-carbon economy.

The risk therefore manifests itself:

• the introduction of stricter emissions reporting requirements that could lead to a write-down or reduction in the value of the Group's assets, if they are not aligned with decarbonisation objectives;
• in the costs of technological transition, which could involve significant investments in new equipment, processes and infrastructure. These transition costs represent a financial risk, especially if not managed proactively;
• increased operating costs, fines or unfavourable judgments due to litigation exposure resulting from new higher compliance standards, potentially resulting in reduced demand for our products and services.

At present, Technoprobe has not formalized an analysis of the resilience of the strategy and business model with respect to climate change. However, as part of the path towards a structured approach to sustainability, the Double Materiality analysis was the starting point for the start of a structured path, oriented towards the implementation of an analysis of climate, physical and transition risks, and the subsequent definition of a resilience plan, aimed at ensuring sustainable and proactive management of future challenges.

Actions and resources in relation to climate change policies

The Group has not adopted specific formalized policies on climate change mitigation and adaptation, as a Group decarbonization plan, including specific actions with respect to IROs related to climate change issues, is under consideration. The Group operates in compliance with applicable local regulations, strives to obtain and maintain all required environmental permits, and proactively takes all actions to control its processes, aligned with the best internationally recognized standards.

The following is a summary of the main climate change mitigation initiatives implemented by the Group during the year, broken down by decarbonisation lever.

The energy efficiency plan, implemented in 2023, was also continued in 2024 and focused on technical and behavioural improvements, with investments in the modernisation of facilities and the implementation of new technologies to increase energy efficiency in production processes. These activities are assisted by an Energy Manager who, based on constant monitoring of consumption, evaluates and proposes possible efficiency actions.

Technoprobe has 4 renewable energy production plants installed at the Cernusco Lombardone and Osnago sites, for a total installed capacity of 442.39 kWp. In one of the Technoprobe America plants, a plant to produce energy from renewable sources is installed. Transport has a significant impact on the environment and with this in mind, Technoprobe promotes, among its workforce, the use of local public transport by supporting the cost of the annual rail transport pass for employees who request it. The total investment in 2024 for these initiatives is below the limit of the threshold set and reported within the ESRS 2 section, BP-1.

Policies related to climate change mitigation and adaptation

The Group has not adopted specific formalized policies on climate change mitigation and adaptation. A Group decarbonization plan, including specific actions with respect to impacts, risks and opportunities (IROs) related to climate change issues, is under consideration.

Current approach

While no formal climate policies are in place, the Group:

• Operates in compliance with applicable local regulations
• Strives to obtain and maintain all required environmental permits
• Proactively takes actions to control its processes, aligned with best internationally recognized standards

Ongoing initiatives

Despite the absence of formalized policies, the Group has implemented climate change mitigation initiatives during 2024, including:

• An energy efficiency plan focused on technical and behavioural improvements
• Investments in modernisation of facilities and implementation of new technologies to increase energy efficiency
• Energy management supported by an Energy Manager who monitors consumption and proposes efficiency actions
• Renewable energy production through 4 plants installed at Cernusco Lombardone and Osnago sites (total installed capacity of 442.39 kWp)
• Promotion of public transport use among workforce by supporting annual rail transport pass costs

Actions and resources in relation to climate change policies

The Group has implemented climate change mitigation initiatives during 2024, broken down by decarbonisation lever, though a formal decarbonization plan is still under consideration.

Energy efficiency plan

What it does: Technical and behavioural improvements, with investments in the modernisation of facilities and the implementation of new technologies to increase energy efficiency in production processes.

Scope: Own operations

Time horizon: Implemented in 2023, continued in 2024 (short to medium term)

Resources allocated:

• Non-financial: Energy Manager who conducts constant monitoring of consumption and evaluates/proposes efficiency actions
• Financial: Total investment in 2024 for all climate initiatives is below the materiality threshold set in ESRS 2, BP-1 (specific amount not disclosed)

Expected outcomes: Increase energy efficiency in production processes

Renewable energy production plants

What it does: Self-generation of renewable energy from installed photovoltaic plants.

Scope: Own operations

Details:

• 4 renewable energy production plants installed at Cernusco Lombardone and Osnago sites
• Total installed capacity: 442.39 kWp
• 1 renewable energy plant at Technoprobe America

Resources allocated: Financial investment included in total 2024 climate initiatives (below materiality threshold)

Sustainable transport promotion

What it does: Promotes use of local public transport among workforce by supporting the cost of annual rail transport passes for employees who request it.

Scope: Own operations (employee commuting)

Expected outcomes: Reduce transport-related environmental impact

Resources allocated: Financial support for rail passes (amount not specified; included in total 2024 investment below materiality threshold)

Energy consumption and mix

Total energy consumption and mix (2024)

The following table shows the Group's total energy consumption disaggregated by source for 2024:

% of fossil fuels on total energy consumption: 98.5%
% of renewables on total energy consumption: 1.5%

Self-produced energy (2024)

Scope note: The Group has 4 renewable energy production plants installed at the Cernusco Lombardone and Osnago sites (Italy), for a total installed capacity of 442.39 kWp. In one of the Technoprobe America plants, a renewable energy production plant is also installed.

Energy intensity (2024)

Energy intensity for activities in high climate impact sectors:

Scope note: The energy consumption and intensity metrics cover activities in high climate impact sectors (Manufacturing sector). Net revenues exclude the Group's commercial companies. Energy consumption for Harbor Electronics Inc., DIS Tech Taiwan LLC – Taiwan, DIS Tech Philippines LLC – Philippine Branch, DIS Tech Japan G.K., Device Interface Solutions Technology (Shanghai) Co. Ltd., DIS Tech Singapore Pte. Ltd., and DIS Tech America LLC was estimated using average energy consumption per employee at the DIS Tech office in Hefei (China), considered representative for office-only locations.

Conversion factors used:

• Diesel fuel consumption: 0.001 MWh/litre
• Petrol fuel consumption: 0.009 MWh/litre
• LPG fuel consumption: 0.007 MWh/litre

Source: DEFRA 2024

Gross Scopes 1, 2, 3 and Total GHG emissions

Scope 1 – Direct GHG Emissions

Scope 1 emissions sub-breakdown:

Scope 1 emissions are reported only for Technoprobe S.p.A. and its subsidiaries, as Technoprobe does not exercise operational control over other entities.

For the purposes of calculating Scope 1 emissions, the consumption of refrigerant gases, natural gas, petrol, diesel and LPG were recorded in 2024. Emission factors used:

F-gas emissions (included in Scope 1):

Scope 2 – Indirect GHG Emissions from Purchased Energy

Scope 2 emissions are associated with the generation of electricity. Emission factors used for location-based calculation:

Emission factors used for market-based calculation:

Scope 3 – Indirect GHG Emissions from Value Chain

Methodology for Scope 3:

• Category 1 (Purchased Goods and Services): Average-data method using emission factors from Ecoinvent database v3.9 for goods; spend-based method for services using EEIO database (Eurostat).
• Category 2 (Capital Goods): Spend-based method using EEIO database (Eurostat).
• Category 3 (Fuel- and Energy-Related Activities): Average-data method based on Scope 1 and 2 fuel/electricity consumption, using DEFRA 2024 and IEA 2024 emission factors.
• Category 4 (Upstream Transportation and Distribution): Spend-based method using EEIO database (Eurostat). As a precautionary measure, all sales-related transportation was attributed to air transport.
• Category 5 (Waste Generated in Operations): Waste-type specific method using DEFRA 2024 emission factors.
• Category 6 (Business Travel): Spend-based method using EEIO database (Eurostat).
• Category 7 (Employee Commuting): Distance-based method for Italian perimeter using DEFRA 2024 emission factors, then extrapolated to total Group employees.
• Category 8 (Upstream Leased Assets): Not evaluated as already included in Scope 1 and 2.
• Category 9 (Downstream Transportation and Distribution): Distance-based method for Italian perimeter only, using DEFRA 2024 emission factors.

Categories excluded: Category 10 (not applicable – no intermediate products requiring further processing), Category 11 (not applicable – products do not require energy for use), Category 12 (excluded due to lack of information on end-of-life treatment), Category 13 (not applicable – no leased assets at third-party locations), Category 14 (not applicable – no franchises), Category 15 (not applicable – no investments).

Uncertainty: The Group reports medium uncertainty for Scope 3 categories 4, 6, and 7, and low uncertainty for the remaining categories.

Total GHG Emissions

GHG Intensity Based on Net Revenue

Scope note: In the absence of precise data for certain subsidiaries (Harbor Electronics Inc., DIS Tech Taiwan LLC, DIS Tech Philippines LLC, DIS Tech Japan G.K., Device Interface Solutions Technology Shanghai Co. Ltd., DIS Tech Singapore Pte. Ltd., DIS Tech America LLC), energy consumption has been estimated. For Harbor Electronics Inc., fuel consumption for the company fleet was estimated based on 2023 consumption. For the other DIS Tech entities (covering June–December 2024 post-acquisition), energy consumption was estimated based on average consumption per employee at the DIS Tech Hefei office.

Biogenic CO2 Emissions

Not disclosed.

GHG Removals and Carbon Credits (E1-7)

The Group does not participate in GHG removal and storage activities and does not purchase carbon credits to offset its carbon footprint.

Internal Carbon Pricing (E1-8)

The Group has not adopted internal carbon pricing systems.

Anticipated financial effects from material physical and transition risks and potential climate-related opportunities

Use of Phase-in Exemption

The Group has decided, for this reporting year, to make use of the transitional phase-in provision regarding the anticipated financial effects of the company's material risks and opportunities on its financial position, results of operations, and cash flows.

Current Financial Effects

To date, the Group has not identified the presence of current financial effects related to sustainability risks and opportunities assessed as material.

Future Analysis Commitment

In line with its commitment to an increasingly structured approach to sustainability issues, Technoprobe undertakes to periodically deepen its analysis with respect to significant impacts, risks and opportunities. To date, a quantitative analysis of the resilience of the strategy and business model with respect to its ability to deal with significant impacts and risks and exploit significant opportunities has not yet been formalized.

Policies related to pollution

Technoprobe does not have a specific formalized policy dedicated to pollution.

The company has determined through its Double Materiality process that only topics relating to "substances of concern" and "substances of very high concern" are material, without attributing significant relevance to pollution of air, water and soil.

Environmental commitment in the Code of Business Conduct

While not adopting specific formalized policies on pollution, the Group has formalized its environmental commitment in the Code of Business Conduct.

Scope: Not specified

Key content:

• The Group carries out monitoring activities and uses resources responsibly and efficiently
• Adopts procedures for the control and treatment of polluting emissions, as required by current regulations and authorizations
• Hazardous chemicals are identified, labelled and managed in accordance with environmental and health and safety standards
• The Group strives to obtain and maintain all required environmental authorizations
• Adopts actions for the management of requirements and recording of necessary controls on processes, aligned with best internationally recognized standards

Rationale for not having a specific pollution policy: Given the limited volumes of concerning and highly concerning substances used (210.6 tonnes of substances of concern and 11.1 tonnes of substances of very high concern in 2024), the Group has not adopted specific formalized policies on pollution beyond its Code of Business Conduct commitments.

Actions and resources related to pollution

Authorization and compliance

All production processes that may have potential impacts on environmental pollution are subject to the authorization procedures required by locally applicable regulations.

On-site wastewater treatment plants

Description: On-site treatment plants have been installed to process wastewater before its discharge into public sewer systems.

Scope: Own operations

Objective: Control and limit the concentration of concerning and highly concerning substances within environmental matrices.

Control and monitoring procedures

Description: Control, monitoring, and limitation procedures are implemented for pollutants characterizing wastewater discharges and atmospheric emissions.

Scope: Own operations

Training programs

Description: Training programs are conducted for all functions directly involved in managing monitoring and control processes.

Scope: Own operations

Target audience: All functions directly involved in managing monitoring and control processes.

Resources allocated

The total investment in 2024 is below the limit of the threshold set and reported within the ESRS 2 section, BP 1.

Note: The specific threshold amount is referenced in ESRS 2 section BP 1 but not detailed in this disclosure.

Targets related to pollution

The Group, while acknowledging the importance of the issue, has not adopted specific targets for substances of concern and very high concern, considering the limited impact of the substances used in its production activities.

As reported in section E2-5, the quantities of substances of concern used are limited and only a small proportion of these leave the plants.

Pollution of air, water and soil

Disclosure Status

The Double Materiality process determined that only the topic relating to "substances of concern" and "substances of very high concern" was relevant, without attributing significant relevance to pollution of air, water and soil.

The Group carries out monitoring activities and adopts procedures for the control and treatment of polluting emissions, as required by current regulations and authorisations issued. Control, monitoring, and limitation procedures are implemented for pollutants characterizing wastewater discharges and atmospheric emissions.

On-site treatment plants have been installed to process wastewater before its discharge into public sewer systems.

The quality of water discharges based on standard effluent parameters is monitored internally through control and sampling plans. Industrial water discharges are sent to water treatment plants that allow wastewater to be sent to the sewer system that fully complies with the provisions of the discharge limits.

Quantified Emissions

No specific quantified emissions to air, water, or soil (e.g., NOx, SOx, PM, VOC, heavy metals, nutrients, BOD/COD) are disclosed in the sustainability statement.

The statement indicates that ESRS E2-4 regarding "Amount of each pollutant listed in Annex II of the E-PRTR Regulation (European Pollutant Release and Transfer Register) emitted to air, water and soil, paragraph 28" is marked as NOT RELEVANT.

Substances of concern and substances of very high concern

Narrative and management approach

All production processes that may have potential impacts on environmental pollution are subject to the authorization procedures required by locally applicable regulations.

To control and limit the concentration of concerning and highly concerning substances within environmental matrices, on-site treatment plants have been installed to process wastewater before its discharge into public sewer systems. Control, monitoring, and limitation procedures are implemented for pollutants characterizing wastewater discharges and atmospheric emissions.

Additionally, training programs are conducted for all functions directly involved in managing these monitoring and control processes.

The Group, while acknowledging the importance of the issue, has not adopted specific targets for substances of concern and very high concern, considering the limited impact of the substances used in its production activities. The quantities of substances of concern used are limited and only a small proportion of these leave the plants.

Hazardous chemicals are identified, labelled and managed in accordance with environmental and health and safety standards. The Group strives to obtain and maintain all the required environmental authorisations and adopts all actions for the management of the requirements and the recording of the necessary controls on its processes, aligned with the best internationally recognised standards.

Quantitative disclosure

The table below shows the volumes of substances of concern and very high concern used and which left the plants during 2024.

Definitions

Substances of Very High Concern (SVHC) are substances that could have serious and irreversible effects on human health and the environment. At European level, Article 57 of the REACH Regulation defines SVHCs as substances recognised as carcinogenic, mutagenic, toxic to reproduction, or as persistent, bioaccumulative and toxic, or very persistent, or as substances with endocrine disrupting properties.

Substances of concern are substances that:

• meet the criteria to be defined as "substances of very high concern"; or
• is classified in Part 3 of Annex VI to Regulation (EC) No 1272/2008 in one of the following hazard classes or hazard categories: carcinogenicity categories 1 and 2; germ cell mutagenicity categories 1 and 2; reproductive toxicity categories 1 and 2; endocrine disruption for human health; endocrine disruption for the environment; Persistent, Mobile and Toxic or Very Persistent, Very Mobile properties; Persistent, Bioaccumulative and Toxic or Very Persistent, Very Bioaccumulative properties; respiratory sensitisation category 1; skin sensitisation category 1; chronic hazard to the aquatic environment categories 1 to 4; hazardous to the ozone layer; specific target organ toxicity, repeated exposure categories 1 and 2; specific target organ toxicity, single exposure categories 1 and 2; or negatively affect the reuse and recycling of the materials contained in the product in which it is present.

Methodology

Data on the volumes of substances of concern and very high concern used and remaining on the product were provided by each production unit or plant. For the Technoprobe America Inc. - Van Nuys (USA) facility, the 2024 data has been estimated based on production volumes, proportionally adjusted in relation to the volumes produced at the Agrate facility, where the same manufacturing processes take place. Additionally, as a precautionary measure, the volume of SVHC and SOC contained within 8.78% of the total volume of mixtures used at the Harbor facility has been estimated, as it was not possible to obtain information on their exact composition.

The calculation of SVHC and SoC volumes was performed based on the volumes of raw materials used in each production unit throughout the year and the portion of these raw materials that leave the facilities as part of the product. The SVHC and SoC content was determined according to the composition of these substances in the raw materials, as reported in the respective safety data sheets.

Anticipated financial effects from pollution-related impacts, risks and opportunities

Being subject to a transitional provision, Technoprobe has decided to use the phase-in provided for the information prescribed by this DR.

Policies related to water and marine resources

Technoprobe references the existence of policies related to water and marine resources as indicated in the disclosure requirement mapping table (E3-1, MDR-P), which points to section 2.4.1 Impact, risk and opportunity management. The excerpts confirm that:

• A dedicated policy exists (as referenced in paragraph 13 of ESRS E3-1, cross-referenced with SFDR Indicator number 8 Table 2 of Annex 1)
• The disclosure can be found on page 77 of the Sustainability Statement

However, the specific name, scope, governance structure, content, principles, public availability, linkages to international standards, and monitoring mechanisms for water and marine resources policies are not provided in the available excerpts.

The company does not appear to have policies specifically related to sustainable oceans and seas (marked as "NOT RELEVANT" in the SFDR mapping table, paragraph 14).

Actions and resources related to water

Technoprobe explicitly states that considering the limited volumes of water resources currently used, the Group has not adopted specific actions but has promoted initiatives to monitor water consumption.

Monitoring initiatives

Scope: Own operations (Italian and foreign facilities)

Activities:

• Water withdrawal and discharge monitoring at all Italian facilities through meter reading monthly and bill reading
• The same monitoring approach is applied at foreign offices
• Quality parameter monitoring for water used in industrial processes and discharged at the end of the process
• Internal monitoring of water discharge quality based on standard effluent parameters through control and sampling plans

Compliance and control measures

Scope: Own operations

Activities:

• Obtaining and maintaining all environmental permits related to water resource procurement and wastewater discharge from production processes
• Implementing all necessary actions to control required parameters and manage regulatory compliance
• Implementing on-site industrial wastewater treatment systems to prevent water pollution
• On-site treatment plants adopted before discharge into public network, in compliance with local regulations
• Water treatment plants for industrial discharges to ensure full compliance with discharge limits before sending to sewer system

Resources allocated

Financial: The total investment in 2024 is below the limit of the threshold set and reported within the ESRS 2 section, BP-1 (specific amount not disclosed).

Non-financial: Not disclosed.

Targets related to water

The Group, while acknowledging the importance of the issue, has not adopted specific targets in the field of water and marine resources, considering that water consumption, understood as the difference between the volume of water withdrawn and discharged, is limited only to production activities, almost all of which are in areas not at risk of water.

Water consumption

Total water consumption

Water stress areas context

Sites located in areas of high-water stress include Italy (Catania), France, China, United States (Van Nuys and Chapel Hill). All these sites, except Van Nuys, are dedicated to office, repair or development activities with limited water consumption. As of the date of this document, the Van Nuys site is no longer active.

The analysis of water risk areas was conducted using the "Aqueduct" tool, which includes five risk classes (Low, Medium-Low, Medium-High, High, Extremely High). The analysis took into account the Medium-High, High, and Extremely High classes.

Water withdrawal and discharge

The Group withdraws freshwater from third parties (municipal supply), which is subsequently discharged through the public water system as other water. Data related to water withdrawal and discharge come from self-readings of meters and/or from consumption documentation. For all offices and sites whose processes do not require the use of water, it was reasonably assumed that the volumes of water withdrawal and discharge coincide.

Water recycled and reused

The volume of water reused in 2024 comes from the Italian plant in Cernusco Lombardone and refers to the amount of water resulting from the osmosis plant and reused for hygienic purposes.

Water intensity

Anticipated financial effects from material water and marine resources-related impacts, risks and opportunities

Phase-in exemption

Being subject to a transitional provision, Technoprobe has decided to use the phase-in provided for the information prescribed by this DR.

Policies related to resource use and circular economy

Technoprobe has not adopted specific formalized policies on resources and circular economy. The company has formalized its environmental commitment in the Code of Business Conduct, but this does not constitute a dedicated policy on resource use and circular economy.

Code of Business Conduct

The Group has formalized its environmental commitment in the Code of Business Conduct.

Management approach in absence of formal policy:

While lacking a specific formalized policy, the Group:

• Monitors volumes of incoming materials and waste produced
• Implements identification and labelling procedures
• Uses appropriate technologies to limit environmental risks
• Promotes initiatives to reduce waste production and promote recovery
• Manages household waste through separate collection with continuous workforce awareness programs
• Manages special waste from production activities by adopting best available technologies
• Prefers material or energy recovery operations over disposal where possible
• Maintains dedicated temporary storage areas for special waste at production sites designed to prevent soil or groundwater pollution

Actions and resources related to circular economy

Disclosure statement

In the absence of formalized policies on resources and circular economy, the Group has not adopted specific actions but has promoted initiatives to reduce waste production and promote recovery.

Waste separation and awareness initiatives

Scope: Own operations

Description:

• Household waste produced within work areas is collected separately
• Continuous awareness among the workforce is promoted to create awareness of personal contribution to protecting the environment

Time horizon: Not specified

Resources allocated: Not quantified

Expected outcomes: Enhanced environmental awareness among workforce

Special waste management

Scope: Own operations (production sites)

Description:

• Special waste deriving from production activities is managed by adopting the best available technologies
• Material or energy recovery operations are preferred over disposal where possible
• Dedicated areas set up at production sites for temporary storage of special waste
• Areas created to prevent any form of soil or groundwater pollution
• Waste placed in areas covered by atmospheric agents, paved and equipped with safeguards to prevent spills
• Industrial waste disposal processes through authorized third-party companies

Time horizon: Not specified

Resources allocated: Not quantified

Recycling and reuse at non-production sites

Scope: Own operations (design, customer service, repair locations)

Description:

• Management of non-hazardous municipal waste (packaging, paper, cardboard)
• Recycling and reuse processes of materials activated where possible (boxes and foam fillers)

Time horizon: Not specified

Resources allocated: Not quantified

Investment disclosure

The total investment in 2024 is below the limit of the threshold set and reported within the ESRS 2 section, BP-1. No specific amounts disclosed.

Targets related to circular economy

Technoprobe has explicitly stated that it has not adopted specific objectives in terms of resources and the circular economy.

As disclosed in the report:

"Considering that the use of resources and the subsequent production of waste are intrinsic to production activities, the Group, while acknowledging the importance of the issue, has not adopted specific objectives in terms of resources and the circular economy."

No quantified targets, baseline years, target years, or progress metrics are provided for resource use and circular economy.

E5-4 – Resource inflows

To carry out its activities, the Group mainly purchases the following types of basic materials: printed circuit boards (PCBs), metal alloys, electronic components, silicon, process solutions for chemical surface treatments. Auxiliary materials are also used in the production process, such as: chemicals, pastes, resins, welding wires and technical gases. Packaging material is also used to convey shipments of the product. Finally, the Group purchases machinery used in the production process and technological devices.

The following table shows the weight of incoming products and materials, and the percentage of biological and secondary materials during 2024.

Methodology

As regards the methodology for calculating the weight of incoming products and materials, the purchase orders for each material that contributes to the construction of the Probe Card have been selected. Where necessary, some estimates have been made on the basis of primary data relating to the number of pieces and average weight.

Resource outflows

Products and materials

The Probe Card is a device designed on the technical specifications of the chip it has to test and this characteristic makes the durability of the probe card variable according to the characteristics of the chip itself. The specifications of the chip vary based on two main factors: the market segment served (including Consumer, Automotive, Industrial, Artificial Intelligence) and the technology supported. Market segments that require high performance data processing capabilities, mainly Artificial Intelligence and Consumer, are also those that require a greater evolution of the supporting technology.

These intrinsic characteristics make it difficult to identify reference indicators or benchmarks, also considering the absence of a sector reading that has defined an indicator of average durability of these products.

Repairability: In order to increase the durability of its products, at the customer's request, the Group is able to intervene at the maintenance level, replacing the needles and probes of the probe cards.

The organization is engaged in internal studies and in-depth studies on the issues of durability and repairability of its products.

Recyclability: No specific percentages of recyclable materials or recycled content disclosed.

Anticipated financial effects from resource use and circular economy-related impacts, risks and opportunities

Being subject to a transitional provision, Technoprobe has decided to use the phase-in provided for the information prescribed by this DR.

Waste

Total waste generated

During 2024, the Group generated a total of 2,871 tonnes of waste, of which 565 tonnes were hazardous waste. Of the total waste generated, 2,742 tons (95%) were not sent for recycling.

Breakdown by destination

The table below shows the total amount of waste destined for recovery and disposal during 2024.

Waste composition

The special hazardous waste disposed of in greater quantities is waste consisting of galvanic solutions, acids, pickling bases, solvents, empty contaminated packaging, rags. As far as special non-hazardous waste is concerned, this is waste consisting of industrial discharges not destined for the treatment plant, condensate water or washing water, filter-pressed sludge deriving from the treatment of process water, paper and cardboard packaging, ferrous metal shavings, wood and mixed packaging.

Methodology

With reference to the methodology for calculating the weight of waste, for all Italian sites the classification of waste takes into account the categories defined by Legislative Decree 152 of 2006, while for foreign sites they have been classified according to local legislation. Specifically, for the Technoprobe America Inc. - Van Nuys (US) facility, the 2024 data has been estimated based on production volumes adjusted in proportion to the volumes produced at the Agrate facility, where the same manufacturing processes are carried out.

Note: The Group has not produced radioactive waste.

Mass balance note: The mass balance between incoming and outgoing flows of resources does not balance since water is used by dilution in some production processes, then disposed of as waste; In addition, in the event of a water treatment plant shutdown, the discharge is disposed of as waste.

Policies related to own workforce

Technoprobe has adopted specific policies to manage impacts, risks and opportunities associated with its own workforce.

Code of Business Conduct

Scope: All workers

Governance: Not disclosed

Key content and principles:

• Personal contribution, respect for the individual and fair treatment: Recognizes workers as key to success; commits to developing personal and professional skills; promotes staff training and participation at all levels; respects personal dignity, privacy and rights of every worker; commits to keeping workplace free from discrimination, coercion and harassment; ensures respect, dignity and fairness distinguish relationships between employees; provides safe, clean and welcoming workplace
• Protection of personal data: Respects confidentiality of personal data of workforce; commits to acquiring data ethically and legally; uses data only for purposes permitted by law; protects confidentiality of information; complies with laws and regulations regarding privacy and security of information
• Health and safety: Recognizes duty to guarantee health, safety and overall physical and mental well-being of all workers, consultants and visitors; ensures everything possible has been done to ensure health and safety; prevents risk of accidents at work or injuries that may harm health or affect ability to perform work

Public availability: Not disclosed

Links to international standards: Not disclosed

Monitoring: Not disclosed

Health and Safety Management System (OHSMS)

Scope: Implemented on all Italian sites (not third-party certified); Technoprobe Korea has certified system according to UNI ISO 45001; other companies promote health and safety in accordance with local regulations

Governance: Responsibilities of individual company figures are defined in the System for those holding hierarchical roles or roles functional to system application

Key content and principles:

• Aligned with provisions of Article 30 of Legislative Decree no. 81/2008 and subsequent amendments and additions
• Complies with provisions expressed by Legislative Decree no. 231/2001
• Parent Company promotes adoption of management systems for protection of health and safety at work at all Group sites
• Defines responsibilities of individual company figures with reference to obligations provided by local legislation

Public availability: Not disclosed

Links to international standards:

• ISO 45001 standard
• Legislative Decree no. 81/2008
• Legislative Decree no. 231/2001

Monitoring:

• 53% of employees covered by Health and Safety Management System
• Technoprobe and Technoprobe Korea have adopted systems compliant with UNI ISO 45001 covering all employees in Italy and Korea
• Technoprobe Korea System is certified by third-party body

Information Security Policy

Scope: Applicable to all Group companies

Governance: Approved by Management in April 2023

Key content and principles:

• Commits to protecting confidentiality of privacy of workforce
• Complies with national and international regulations regarding processing of personal data and their security
• Includes compliance with General Data Protection Regulation
• Provides for involvement of entire workforce in implementation and periodic review of Information Security Management System
• Requires reporting of any negative events

Public availability: Not disclosed

Links to international standards: General Data Protection Regulation

Monitoring: Periodic review of Information Security Management System with involvement of entire workforce

Taking action on material impacts on own workforce

Technoprobe has implemented a series of initiatives aimed at promoting adequate working conditions, fostering well-being and development, and protecting privacy. The company ensures that these initiatives do not contribute to further negative externalities on the workforce, also by monitoring any concerns through the Whistleblowing channel or other available mechanisms.

Health and Safety Programme

Action description:

• Assessment of all risks, constantly updated in relation to changes in the workplace and production processes
• Audit plan for verification of application and effectiveness of Health and Safety Management System procedures
• Programme of measures aimed at ensuring improvement of protection levels
• Information and training programmes aimed at nurturing active role of workers in reporting unsafe conditions and near misses
• Specific procedure for communicating and managing unwanted events

Scope: Own operations

Monitoring: Performance shared through periodic meetings with Employer, delegates and managers during Annual Management Review

Expected outcomes: Improvement of protection levels, reduction of accidents at work

Industrial Relations and Social Dialogue

Action description:

• Active discussion tables including Equal Opportunities Committee and Training Committee
• Internal contract signed punctually with Social Partners since 2019

Scope: Own operations (Italy)

Youth Employment and Talent Acquisition

Action description:

• Continued hiring of staff in 2024
• Consolidation of relations with secondary schools, universities and research centres
• Hosting of more than 100 young people in Italian offices in PCTO (school-work alternation) projects
• Presence in Hiring Days promoted by Institutes

Scope: Own operations (Italy)

Time horizon: Ongoing (2024)

Expected outcomes: Attract qualified profiles among workforce

Corporate Welfare Plan

Action description: Two main guidelines:

1. Free services and benefits:

   • Tax advice (>300 declarations submitted in 2024)
   • Legal advice (>100 hours in 2024)
   • Agreements with service and product structures in territory where Technoprobe has offices in Italy
   • Economic support worth €1,000 dedicated to families for new births
   • Reimbursement of public transport passes (435 reimbursed subscriptions in 2024)

2. Digital welfare platform:

   • Employees can convert entire amount or part of performance bonus into purchase of services (education, sports services, social security fund, travel)
   • Complete tax exemption of performance bonus
   • 30% on-top increase by Technoprobe on amount spent
   • 83% of value disbursed was converted into credits in 2024

Scope: Own operations

Resources allocated (financial):

• €1,000 per new birth
• 30% top-up on welfare platform spending
• Transport pass reimbursements (435 subscriptions in 2024)

Expected outcomes: Greater purchasing power for employees, improved work-life balance

Adequate Remuneration

Action description:

• Remuneration consistent with CCNL provisions
• Increases based on workforce path and results of periodic benchmarking analyses

Scope: Own operations

Wellbeing Initiatives

Action description:

• Free flu vaccination service provided for employees

Scope: Own operations

Time horizon: Ongoing

Whistleblowing Channel

Action description:

• Global Whistleblowing Policy adopted in accordance with Legislative Decree 2023/24 and Directive 2019/193/EU
• Reporting channel available to workers
• Process ensures confidentiality, anonymity and protection from retaliation
• Anonymous reports possible to Human Resources function

Scope: Own operations

Link to policy: Code of Business Conduct

Characteristics of the undertaking's employees

Total headcount and breakdown

As of December 31, 2024, the Group's headcount comprises 3,355 employees. As of December 31, 2023, the headcount was not explicitly stated in the consolidated disclosures, though the parent company Technoprobe S.p.A. reported an average of 1,520 employees in 2023.

Headcount by country and gender (2024):

Headcount by employment contract type and gender (2024)

97.6% of employees are employed on a permanent basis.

Headcount by employment type and gender (2024)

98.8% of employees are employed full-time.

Employee turnover

During 2024, the Group recorded a turnover rate of 14% with exits of 477 employees.

Methodology note: The turnover is calculated as the ratio between the number of employees who left the Group in 2024 and the total number of employees as of December 31, 2024.

Geographic distribution (2024)

As of December 31, 2024, the Group had:

• 1,758 employees in Europe
• 10 employees in the United Kingdom
• 296 employees in the United States
• 1,291 employees in Asia

Prior year comparison

The number of employees is indicated in headcount as at 31 December 2024. The Group reported an average number of employees as of December 31, 2024 of 2,876 units (2,746 units as of December 31, 2023), of which 47 directors, 1,444 white collars and 1,385 blue collars.

Data scope

Employee headcount data refers to the consolidated Group perimeter. The separate financial statements of Technoprobe S.p.A. report an average of 1,643 employees for 2024 (1,520 in 2023), broken down as: 20 executives, 732 white collar, and 891 blue collar employees.

Characteristics of non-employees in the undertaking's own workforce

Being subject to a transitional provision, Technoprobe has decided to use the phase-in provided for the information prescribed by this disclosure requirement.

No metrics or data on characteristics of non-employee workers in the undertaking's own workforce are disclosed for the reporting period.

Collective bargaining coverage and social dialogue

European Economic Area (EEA)

Collective bargaining coverage: 99.7% of Group employees in the EEA are covered by collective bargaining agreements.

Workers' representatives coverage: 99.7% of Group employees in the EEA are covered by workers' representatives.

Italy

Collective bargaining coverage: All employees are covered by collective bargaining agreements.

Workers' representatives coverage: All employees are covered by workers' representatives.

European Works Council

There are no employee agreements in the Group for representation by a European Works Council (EWC), a Works Council of a European Company (SE) or a Works Council of a European Cooperative Society (SCE).

Adequate wages

Technoprobe states that "in accordance with the Code of Business Conduct or, where applicable, collective bargaining agreements or local regulations, all employees of the Group receive an adequate salary."

No living wage benchmark is disclosed. The company references compliance with:

• Code of Business Conduct
• Collective bargaining agreements (where applicable)
• Local regulations

No coverage percentages, assessment methodology, geographic scope details, or targets related to living wage are provided.

The disclosure does not indicate whether wages were benchmarked against a living wage standard (such as Fair Wage Network, WageIndicator, Anker Methodology, or similar frameworks). The reference to "local regulations" suggests minimum wage compliance rather than living wage assessment.

Social protection

Technoprobe has decided to use the phase-in transitional provision for S1-11 – Social protection. The information prescribed by this disclosure requirement is not provided in the current reporting period.

Health and safety metrics

Coverage of health and safety management system

53% of employees are covered by a Health and Safety Management System. Technoprobe and Technoprobe Korea have adopted a Health and Safety Management System compliant with the UNI ISO 45001 standard that covers all employees in Italy and Korea. The Technoprobe Korea System is certified by a third-party body.

Work-related injuries and fatalities

No fatalities were recorded during the year involving the Group's workforce or other workers working at its sites.

Days lost

Not disclosed.

Methodology note: The rate of work-related injuries is calculated as the ratio between the number of work-related injuries and the number of hours worked, multiplied by 1,000,000.

Compensation metrics

Pay gap

At Group level, the gender pay gap is 29%. Men's average gross hourly remuneration during 2024 is €20.61, women's is €14.63.

The skills required by the sector in which the Group operates are mainly to be found in the STEM (science, technology, engineering, and mathematics) fields. Even today, the disciplines included in this area still suffer from a disproportion in terms of gender in favour of men, and in some geographical areas where the Group operates, this is still a cause of gender pay gap.

Remuneration ratio

The annual total remuneration ratio of the highest paid individual to the median annual total remuneration for all employees (excluding the highest-paid individual) is 69.11.

Methodology

The gender pay gap is defined as the difference between the average pay levels of female and male employees, expressed as a percentage of the average pay level of male employees.

Incidents, complaints and severe human rights impacts

During 2024, the Group companies did not record any incident of discrimination. In addition, no complaints were filed through the channels set up by the Group or through the OECD's National Contact Points for Multinational Enterprises. Consequently, the total amount of fines, penalties and compensation for damages is 0.

During 2024, the Group companies did not record any severe human rights incidents related to the workforce and, consequently, the total amount of fines, penalties and compensation for damages is 0.

Summary metrics (2024)

Policies related to value chain workers

The Group has adopted specific policies to manage the impacts, risks and opportunities associated with workers in the value chain.

Supplier Code of Conduct

Adoption and governance:

• Defined and adopted in March 2023
• Applicable to all Group companies
• Approved by the Vice President of Technoprobe
• Updated in March 2023

Scope:

• Applies to all suppliers from whom the Group procures
• Covers all workers in the supply chain

Key principles and content:

• Ensures products and services are manufactured within a supply chain that complies with international standards
• Requires all suppliers to promote and adopt ethically and socially sustainable business models
• Guarantees environmental protection, protection of health, safety, dignity and fundamental human rights of all workers
• Specific commitments include:
  • Respect for and promotion of human rights
  • Respect for the dignity of every person, ensuring a working environment and personnel selection procedures free from any form of discrimination
  • Prohibition of using any form of forced labour or any other form of illegal labour exploitation
  • Prohibition of employing staff under the age of 15, or under the age necessary to complete compulsory schooling, or under the minimum age declared by the State
  • Respect for the right of workers to establish and participate in trade union activity
  • Guarantee of fair compensation for all workers
  • Compliance with health and safety laws and regulations, and availability of a healthy and safe working environment
  • Compliance with privacy rules and regulations

Alignment with international standards:

• Based on the UN Guiding Principles on Business and Human Rights
• Prepared in accordance with the ILO Declaration on Fundamental Principles and Rights at Work
• Aligned with the UN Universal Declaration of Human Rights
• References OECD "Guide for a Responsible Supply Chain for Minerals from Conflict-Affected and High-Risk Areas"

Monitoring and implementation:

• Technoprobe periodically verifies suppliers' compliance with the principles and standards set out in the Code
• A violation reporting system (Whistleblowing Channel) has been set up to ensure confidentiality and integrity of reports
• Protection of whistleblower identity, with prohibition of any form of discrimination or retaliation
• Suppliers required to ensure suitable reporting channels for their employees
• No cases of non-compliance with UN Guiding Principles, ILO Declaration, or OECD Guidelines involving value chain workers were reported during 2024

Public availability:

• Not explicitly stated

Code of Business Conduct

Relevance to value chain:

• The Supplier Code of Conduct operates in continuity with the Code of Business Conduct
• Applicable to value chain through supplier requirements

Global Whistleblowing Policy

Adoption and governance:

• Adopted in accordance with Legislative Decree 2023/24 and Directive 2019/193/EU

Scope:

• Available to suppliers and their workers

Key content:

• Governs the reporting of unlawful conduct
• Provides a specific reporting channel for value chain workers
• Ensures confidentiality and protection from retaliation

Taking action on material impacts on value chain workers

The Group, while acknowledging the importance of the issue, has not taken specific actions on value chain workers.

Related governance mechanisms

Through the Supplier Code of Conduct, the Group requires its suppliers to ensure suitable reporting channels that allow employees to report, even anonymously, any violations of the principles expressed in the Code. Specifically, each supplier is required to:

• Ensure confidentiality, anonymity and protection for employees who make such reports
• Introduce a process that protects those who make reports from the danger of retaliation

However, no specific actions, programmes, or initiatives dedicated to value chain workers are disclosed beyond the requirement for suppliers to maintain whistleblowing mechanisms.

Policies related to affected communities

Technoprobe has not adopted specific policies regarding affected communities. Instead, the Group directs its commitment within the principles and values contained in the Code of Business Conduct.

Code of Business Conduct

Key content / principles:

• Development, at the local level, of strong relationships with governments and communities, in order to establish a relationship of trust, to preserve the Technoprobe brand and to foster a balanced decision-making process
• Commitment to respect local customs and traditions and, when possible, to facilitate integration into business activities

Additional context:

The Group acknowledges awareness of the role that companies play in the community and is actively involved in solidarity projects. For more information on the Code of Business Conduct, the report references section "G1-1 Business conduct policies and corporate culture".

Taking action on material impacts on affected communities

Approach and Assurance

The Group is committed to assessing and monitoring its impacts on communities, as well as ensuring effective management of any negative impacts that it may directly or indirectly cause on them. In accordance with the provisions of Legislative Decree 2023/24 and Directive 2019/193/EU, the Group has adopted a Global Whistleblowing Policy and a reporting channel, available to third parties.

Actions Implemented

With reference to the management of the positive impacts related to local communities, the Group adopts a proactive approach. Below are the initiatives implemented by Technoprobe during 2024, specifically focused on job placement paths for people with fragility and youth employment.

1. "Isola formativa ForMe – un ponte verso il lavoro" Initiative

Description: Born from the collaboration between Technoprobe and Cooperativa Sociale Il Grappolo, this initiative aims to guarantee nine trainees a training course that accompanies them towards the world of work, returning professional profiles sought after in the market.

Target profiles:

• Mechanical installer
• Mechanical maintenance technician
• Logistics and shipping warehouse operator

Status: Continued in 2024

2. I.T.S. Viganò Electronics and Electrotechnics Course Support

Description: Together with Confindustria Lecco and Sondrio, Technoprobe continued in 2024 to support the course of study with a focus on Electronics and Electrotechnics at the I.T.S. Viganò in Merate.

Objective: To train young people in the field of materials and construction technologies of electronic systems, providing preparation in the design, implementation and management of electrical, electronic, automation and robotics systems.

Approach: Theoretical concepts combined with laboratory activities to develop highly strategic practical skills.

Participants: 47 students enrolled in the electronics track for the 2023/2024 school year

Status: Continued in 2024

Resources Allocated

The total investment in 2024 is below the limit of the threshold set and reported within the ESRS 2 section, BP-1.

Effectiveness

No specific information on the effectiveness of these actions is disclosed.

Policies related to consumers and end-users

The Group has adopted specific policies and procedures to manage the impacts, risks and opportunities associated with consumers and end-users.

Code of Business Conduct

Key content and principles:

• Product quality and customer satisfaction as the basis of the Group's values and business strategies
• Commitment to maintaining a high level of innovation in product quality and safety
• Continuous listening to customer needs and expectations, including sustainability and restrictions on product contents
• Protection of customers' interests placed first in decision-making relating to product quality
• Promotion of open, constructive and timely communication with interested parties

Information Security Policy

Governance:

• Approved in April 2023

Key content and principles:

• Prevention of unintentional behaviour that could cause problems or threats to the security of the Group's data and equipment
• General guideline that any data known in the course of work is to be considered confidential and must not be communicated or disclosed unless specifically authorized

Implementation:

• Internal procedure for the Management of Confidential Information to raise awareness on the importance of confidential company information and guarantee protection of third-party know-how

Global Whistleblowing Policy

Key content and principles:

• Adopted in accordance with Legislative Decree 2023/24 and Directive 2019/193/EU
• Reporting channel available to third parties

Procedure for the management of non-conformities and improvement actions

Scope:

• Applies to non-conformities, improvement and containment actions relating to the cycle of products and services offered by the company

Key content and principles:

• Defines responsibilities and methods of detection, recording, treatment and analysis of non-conformities of product, process and quality system
• Aims to avoid providing customers with defective products and to avoid repeating behaviours that lead to non-conformities
• Defines responsibilities and methods for issuing, managing and evaluating the effectiveness of corrective and preventive actions
• Provides a tool for monitoring and measuring company performance and customer satisfaction

Implementation:

• Internal database for recording complaints, with assignment to an owner who performs analysis to define causes

Taking action on material impacts on consumers

Personalized Customer Relationship Management

Description and Scope: The Group adopts a personalized management approach to customer relationships, taking into account the extremely personalized nature of the product and the geographical and cultural peculiarities of customers. The Group positions itself as a key partner in the supply of advanced technologies meeting rigorous standards of quality, reliability and performance.

Scope: Own operations and downstream value chain (customer-facing activities)

Outcomes/Recognition:

• TSMC "Excellent Performance Award 2024"
• Intel "EPIC Distinguished Supplier Award"
• "THE BEST Supplier of 2024" award
• "RANKED 1st by TechInsights" for the "Test Subsystems" sector, achieving highest scores in "Recommended Supplier" and "Partnering" categories

Information Security Management System (ISO 27001:2022)

Description: Certification of the Information Security Management System according to UNI ISO 27001:2022 standard obtained from a third-party body to manage risks and potential negative impacts related to customers.

Scope: Entire Group perimeter

Key Activities:

• Annual Vulnerability Assessment and Penetration Test conducted across the entire Group perimeter
• Remediation plans developed based on verification results
• Datacenter outsourced to external company certified according to UNI ISO 27001, UNI ISO 27017 and UNI ISO 27018 standards

Time horizon: Ongoing (annual assessments)

Outcomes:

• No complaints received during the year regarding customer data breaches

Complaint Management System

Description: Internal database established for recording and managing complaints received, with assignment to owners who analyze causes and define corrective actions.

Scope: Own operations

Links to Policy:

• Global Whistleblowing Policy and reporting channel available to third parties (in accordance with Legislative Decree 2023/24 and Directive 2019/193/EU)
• Code of Business Conduct

Resources (Non-Financial): Not quantified - internal personnel assigned as complaint owners

---

Note: No specific formalized targets for consumers and end-users have been adopted by the Group (as disclosed in S4-5).

Business conduct policies and corporate culture

Technoprobe has adopted several policies to govern business conduct and promote a corporate culture based on ethics and sustainability values.

Code of Business Conduct

• Approval and oversight: Approved by the Vice President of Technoprobe (December 2022 version); Board of Statutory Auditors carries out supervisory activities
• Scope: Applies to all Group activities, workforce, and suppliers
• Key principles:
  • Integrity, honesty, commercial transparency and complete compliance with the law
  • Respect for human rights based on international laws and regulations, including the UN Declaration of Human Rights, ILO conventions, and UN Global Compact
  • Personal dignity and privacy, and rights of every worker
  • Protection of personal data
  • Health and safety - duty to guarantee health, safety and overall physical and mental well-being of workers, consultants and visitors
  • Product quality and customer satisfaction
  • Development of strong relationships with governments and communities at local level
  • Respect for local customs and traditions
  • Compliance with strictest applicable antitrust rules, prohibition of price determination and waiver of agreements negatively affecting competition
• Public availability: Published on the company website and company intranet
• Links to international standards: References UN Declaration of Human Rights, ILO conventions, UN Global Compact, Responsible Business Alliance (RBA) standards
• Communication and training: Shared with new hires during onboarding activities; suppliers receive the Code through dedicated information
• Monitoring: Application and compliance subject to periodic verification by competent Departments; stakeholders required to immediately report any violation through available channels

Organization, Management and Control Model pursuant to Legislative Decree 231/2001

• Approval: Periodically updated by the Board of Directors
• Scope: Applicable to Technoprobe (parent company)
• Key content: Defines the company's management and control system to prevent commission of crimes, including unlawful data processing, environmental crimes and other crimes related to violation of human rights
• Oversight: Supervisory Body (SB) constantly monitors operation and compliance
• Public availability: Published on the company website
• Training: Human Resources Function and Legal Function, in coordination with the SB, prepare general training plan for managers and workforce
• Monitoring: Directors and workforce required to know operating methods, actively contribute to implementation, and report any deficiencies found

Global Whistleblowing Policy

• Approval: Approved by the Board of Directors of Technoprobe
• Scope: Applies to internal and external stakeholders (employees, suppliers, third parties)
• Key content:
  • Governs reporting of unlawful conduct
  • Allows confidential or anonymous reporting of actions/behaviours not in line with values, Code of Business Conduct, Model 231/2001, or compliance procedures
  • Reports submitted through IT platform accessible from website or orally through meeting with Whistleblowing Officer
  • Process ensures confidentiality, anonymity and protection for whistleblowers
  • Protects whistleblowers from retaliation
• Links to international standards: In accordance with Legislative Decree 2023/24 and Directive 2019/193/EU
• Governance: Whistleblowing Officer responsible for receiving, analysing and processing reports
• Training: In 2024, 7% of employees in Italy (120) attended Whistleblowing training for 120 hours; mandatory course for new hires

Supplier Code of Conduct

• Approval: Approved by the Vice President of Technoprobe (March 2023)
• Scope: Applicable to all suppliers of goods and services to all Group companies
• Key principles:
  • Respect for and promotion of human rights
  • Respect for dignity of every person, ensuring working environment and personnel selection free from discrimination
  • Prohibition of forced labour or illegal labour exploitation
  • Prohibition of employing staff under age 15, or under age to complete compulsory schooling, or under minimum age declared by State
  • Respect for right of workers to establish and participate in trade union activity
  • Guarantee of fair compensation for all workers
  • Compliance with health and safety laws and regulations
  • Compliance with privacy rules and regulations
  • Environmental protection
• Links to international standards: Based on UN Guiding Principles on Business and Human Rights, ILO Declaration on Fundamental Principles and Rights at Work, UN Universal Declaration of Human Rights
• Public availability: All purchase contracts subject to acceptance of Supplier Code of Conduct
• Monitoring:
  • Technoprobe periodically verifies suppliers' compliance with principles and standards
  • Violation reporting system (Whistleblowing Channel) available to suppliers
  • Ensures confidentiality, integrity of reports and protection of whistleblower identity
  • Prohibits discrimination or retaliation
  • Suppliers required to ensure suitable reporting channels for their employees
• Compliance: No cases of non-compliance with UN Guiding Principles on Business and Human Rights, ILO Declaration, or OECD Guidelines involving value chain workers reported during 2024

Global Anti-Corruption Compliance Policy

• Approval: Updated December 2022, approved by Technoprobe's Board of Directors
• Scope: Applies to all directors, officers, employees, agents, representatives and other persons associated with the Group, including external collaborators, agents, distributors and business partners acting on behalf of the Group
• Key content:
  • Does not allow any type of corruption or bribery, directly or through third parties
  • Recipients may not give or offer any benefit (including gifts, hospitality, entertainment) to obtain or maintain commercial advantage unlawfully
  • Recipients may not solicit or accept illicit payments
  • Employees violating Policy subject to disciplinary action
  • In event of breach, ensures separation of investigators from management chain concerned
  • Investigation results promptly communicated to administrative, management and control bodies
• Training: In 2024, 5% of employees (76) took "EMS Training" course including anti-corruption content, totaling 76 hours; training for employees in "at-risk" functions provided during 2022 and 2023
• Monitoring:
  • All recipients must receive, review and certify in writing that they have reviewed the Policy and agree to abide by it
  • Must report any potential violations
  • Policy and internal controls designed to prevent violations, avoid appearance of unlawful conduct, and allow prompt response to information requests

Global Procurement Policy

• Scope: Applicable to all Group companies and workforce involved in purchasing processes
• Key content:
  • Indicates general principles guiding process of purchasing goods, services and professional advice
  • Ensures procurement conducted with transparency, in documentable manner, based on non-arbitrary and objective criteria
  • Incorporates ESG criteria in supplier selection and management
• Implementation: Operationalized through three procedures (Supplier Qualification, Supplier Management, Procurement and Purchase of goods/services/consultancy) that are part of Quality Management System certified to UNI ISO 9001:2015

Health and Safety Management System (OHSMS)

• Scope: Implemented on all Italian sites (not certified by third party); Technoprobe Korea has certified system according to UNI ISO 45001
• Key content:
  • Aligned with Article 30 of Legislative Decree 81/2008 and subsequent amendments
  • Aligned with ISO 45001 standard
  • In compliance with Legislative Decree 231/2001
  • Defines responsibilities of individual company figures with reference to local legislation
  • Workers' safety representatives elected in accordance with current law
  • Representatives consulted on planning, risk assessment, dangerous substances/mixtures, machines/plants, workplace organization, accidents, occupational diseases, fire prevention and emergency management
  • Joint inspections of work areas organized
• Promotion: Parent Company promotes adoption of health and safety management systems at all Group sites in accordance with principles in Code of Business Conduct

Information Security Policy

• Approval: Approved by Management in April 2023
• Scope: Applicable to all Group companies
• Key content:
  • Committed to protecting confidentiality of workforce privacy
  • Complies with national and international regulations including General Data Protection Regulation
  • Any data known in course of work considered confidential and must not be communicated or disclosed unless specifically authorized
  • Provides for involvement of entire workforce in implementation and periodic review of Information Security Management System
  • Requires reporting of any negative events
• Implementation: Internal procedure for Management of Confidential Information to raise awareness on importance of confidential company information and protection of third-party know-how
• Certification: Information Security Management System certified by third-party body according to UNI ISO 27001:2022 standard
• Monitoring: Annual Vulnerability Assessment and Penetration Test conducted with impact on entire Group perimeter; datacenter outsourced to external company certified according to UNI ISO 27001, 27017 and 27018 standards

Tax Policy

• Key content:
  • Oriented towards compliance with regulations in force
  • Proactive and efficient taxation system
  • Transparent approach with tax authorities
  • Transfer pricing policy between affiliated companies to ensure taxation consistent with commercial activities and economic substance of transactions

Responsible Sourcing

• Key content: Group ensures materials sourced in accordance with OECD "Guide for a Responsible Supply Chain for Minerals from Conflict-Affected and High-Risk Areas"; works closely with suppliers to establish origin of minerals in products

Governance and Oversight

The Board of Directors is committed to promoting a corporate culture based on ethics and sustainability values, ensuring strategies and objectives are aligned with values and principles defined in the Code of Business Conduct. The Board of Statutory Auditors carries out supervisory activities on the Code of Business Conduct.

Members of the Board of Directors and Board of Statutory Auditors possess adequate skills in business conduct. Most members of the Control, Risk and Sustainability Committee have gained significant experience in governance, compliance and sustainability.

Compliance with Minimum Safeguards

Technoprobe has oriented assessment of Minimum Safeguards with reference to Final Report on Minimum Safeguards published by Platform on Sustainable Finance (October 2022).

During 2024, the Parent Company and subsidiaries received no court convictions relating to human rights, corruption, bribery, taxation or fair competition. The company has not been subject of cases handled by OECD National Contact Point (NCP) or questioned by Business and Human Rights Resource Center (BHRRC).

Prevention and detection of corruption and bribery

Technoprobe does not admit any type of corruption or bribery, either directly or through third parties. This commitment has led to the definition of a Global Anti-Corruption Compliance Policy aimed at certain processes considered particularly sensitive.

Global Anti-Corruption Compliance Policy

Policy name: Global Anti-Corruption Compliance Policy

Approval and governance:

• Updated in December 2022
• Approved by Technoprobe's Board of Directors

Scope:

• All directors, officers, employees, agents, representatives and other persons associated with the Group
• External collaborators
• Agents, distributors and business partners acting on behalf of the Group

Key content and principles:

• Recipients are not permitted to give or offer any benefit (including gifts, hospitality, or entertainment) to anyone for the purpose of improperly obtaining or retaining a business advantage
• Recipients may not solicit or accept such unlawful payments
• The Policy and internal controls have been designed to prevent violations, avoid the appearance of unlawful conduct, and allow the Group to respond promptly and effectively to any requests for information on its conduct
• Violations may result in disciplinary action for Group employees

Implementation and monitoring:

• In the event of a breach, Technoprobe ensures the separation of investigators or the investigative committee from the management chain concerned with the matter
• Results of investigation processes are promptly communicated to the administrative, management and control bodies
• All recipients must receive and review a copy of the Policy
• All employees must certify in writing that they have reviewed the Policy, agree to abide by it, and report any potential violations

Training:

• During 2024, 5% of employees (76) took the "EMS Training" course, which includes content on anti-corruption, for a total of 76 hours
• Training for other employees, including those in "at-risk" functions, was provided during 2022 and 2023
• Training was not provided to members of the Board of Directors

Incidents of corruption or bribery

Confirmed incidents and convictions

During 2024, Technoprobe did not receive convictions and/or fines for violations of laws against active and passive corruption.

Investigation and reporting procedures

Technoprobe has adopted a Global Whistleblowing Policy in accordance with Legislative Decree 2023/24 and Directive 2019/193/EU. The Group has appointed a Whistleblowing Officer responsible for receiving, analysing and processing reports of possible unlawful conduct through a dedicated IT platform.

The Global Whistleblowing Policy allows internal and external stakeholders to report, confidentially or anonymously, actions or behaviours that are not in line with the values, the Code of Business Conduct, the Organisation, Management and Control Model pursuant to Legislative Decree 231/2001, and compliance procedures. Reports can be submitted through an information platform accessible from the website or, at the request of the whistleblower, orally through a meeting in person with the Whistleblowing Officer.

The Group has adopted a Global Anti-Corruption Compliance Policy, updated in December 2022 and approved by Technoprobe's Board of Directors. The policy applies to all directors, officers, employees, agents, representatives and other persons associated with the Group, including external collaborators, as well as agents, distributors and business partners. Recipients are not permitted to give or offer any benefit (including gifts, hospitality, or entertainment) for the purpose of improperly obtaining or retaining a business advantage.

In the event of a breach, Technoprobe ensures the separation of the investigators or the investigative committee from the management chain concerned. Group employees who violate the Policy may be subject to disciplinary action.

Training

During 2024, 5% of employees (76) took the "EMS Training" course, which includes content on anti-corruption, for a total of 76 hours. In addition, 7% of employees in Italy (120) attended Whistleblowing training for a total of 120 hours. Training for other employees, including those in "at-risk" functions, was provided during 2022 and 2023.

Legal cases

The Parent Company and its subsidiaries have not received court convictions relating to issues related to human rights, corruption, bribery, taxation or fair competition. The company has not been the subject of cases handled by an OECD National Contact Point (NCP), nor has it been subjected to questioning by the Business and Human Rights Resource Center (BHRRC).