URW has a European representative body since 2009, the European Employees Committee (“EEC”). The EEC meets at least twice a year and is provided annually with information regarding the market at large and the Group’s economic situation (presentation of the Group’s financial results, development and investment projects, etc.) and the Group’s strategy, strategic transactions, sustainability roadmap, and working conditions. This body is also a forum for the exchange of best practices within countries. The committee also discusses all issues regarding the Group’s employees with implication at EU Level. Through workshops, it regularly contributes to the exchange of best practices related to employment issues. Although the Company is not subject to the legal obligations regarding employee representation on the SB, the Group is committed to employee dialogue and works with employee representatives. In addition, since 2009, the EEC has received information regarding the Group’s economic situation and has discussed all issues regarding the Group’s employees.

The Group Employee Pulse Survey is a valuable tool for URW to gauge the sentiment of its employees and identify areas for improvement. 80% of employees participated in the survey in 2023, providing feedback on various topics such as well-being support and improving ways of working. The survey results are analysed to identify trends and areas of concern. For example, if the survey reveals a decrease in employee well-being, URW can investigate the causes and implement corrective actions. These might include introducing new wellness programmes, providing additional resources for mental health, or making changes to the work environment.

The increase in positive sentiment toward well-being at URW by 5% from 2022 to 2023 indicates that the actions taken by URW in response to previous survey results have been effective. This continuous feedback loop allows URW to continually adapt and improve its approach to employee well-being. In this way, the Employee Pulse Survey serves as one of the key instruments for URW to adopt corrective actions and enhance its well-being approach for its employees. It ensures that the voices of employees are heard and that their feedback is actively considered for the improvement of the workplace.

In 2023, there have been no incidents, complaints or severe human rights impacts within URW’s operations and workforce. URW will strive to continuously strengthen its internal prevention and mechanisms and commitment to human rights. The Group operates in geographies such as the European Union, the UK and the US, which offer strict human rights protections. These jurisdictions have stringent regulations and standards that the Group adheres to, ensuring the rights of all individuals involved in its operations are respected and protected. URW’s proactive approach and adherence to these high standards, complemented by URW’s Human Rights Policy and Anti-Slavery and Human Trafficking Policy, have enabled the Group to maintain a robust human rights record.

In 2023, there have been no incidents, complaints or severe human rights impacts within URW’s operations and workforce. URW will strive to continuously strengthen its internal prevention and mechanisms and commitment to human rights. The Group operates in geographies such as the European Union, the UK and the US, which offer strict human rights protections. These jurisdictions have stringent regulations and standards that the Group adheres to, ensuring the rights of all individuals involved in its operations are respected and protected. URW’s proactive approach and adherence to these high standards, complemented by URW’s Human Rights Policy and Anti-Slavery and Human Trafficking Policy, have enabled the Group to maintain a robust human rights record.

In 2023, there have been no incidents, complaints or severe human rights impacts within URW’s operations and workforce. URW will strive to continuously strengthen its internal prevention and mechanisms and commitment to human rights. The Group operates in geographies such as the European Union, the UK and the US, which offer strict human rights protections. These jurisdictions have stringent regulations and standards that the Group adheres to, ensuring the rights of all individuals involved in its operations are respected and protected. URW’s proactive approach and adherence to these high standards, complemented by URW’s Human Rights Policy and Anti-Slavery and Human Trafficking Policy, have enabled the Group to maintain a robust human rights record.