INDEX FOR COMBINED NON-FINANCIAL REPORT AND GRI CONTENT

This report constitutes a separate combined non-financial report in accordance with sections 289b to 289e and 315b, 315c in conjunction with 289c to 289e of the German Commercial Code (HGB). This consolidated combined non-financial report consists of the chapter "Sustainability" and the section "Culture" in the chapter "Our People" as well as the sections “Compliance Management System” and “Corporate Social Responsibility” in the chapter “Corporate Governance Statement in accordance with Section 289f and Section 315d HGB”. The reporting period covered is January 1, 2022 to December 31, 2022. No restatements of information have been made in this report. We have provided separate reports for PUMA SE and the PUMA Group within the “Our People” section only. Separate reporting of other sustainability data would not add any meaningful new information or value and would require significant additional resources, so we have omitted it here. Information about PUMA’s business model is set out in the Financial section of this Annual Report. We have not identified any most significant non-financial performance indicators according to §289c, section 3, number 5 of the German Commercial Code (HGB). PUMA engaged KPMG AG Wirtschaftsprüfungsgesellschaft to perform a “limited assurance” audit of the combined sustainability report with focus on accordance with the German CSR Implementation Act (CSR-RUG).

Since 2003 PUMA’s sustainability reports are based on the guidelines of the Global Reporting Initiative (GRI), which developed detailed and widely recognized standards on sustainability reporting. PUMA SE has reported with reference to the GRI Standards GRI 1: Foundation 2021. This option enables us to report on the impacts related to our economic, environmental, social and governance performance. It includes topics that are material to PUMA’s business and our key stakeholders, and that constitute our sustainability targets. These targets have been systematically developed in accordance with the feedback from PUMA’s stakeholders.

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GRI 2: General Disclosures 2021

2-1 Organizational details Commercial activities and organizational structure 184
2-2 Entities included in the organization’s sustainability reporting Group of consolidated companies 266-270
2-3 Reporting period, frequency and contact point Index for combined non-financial report and GRI content, Imprint 168
2-4 Restatements of information Index for combined non-financial report and GRI content 168
2-5 External assurance Limited assurance report of the independent practitioner regarding the separate non-financial group report 175-177
2-6 Activities, value chain and other business relationships Commercial activities and organizational structure; Sourcing 184; 189
2-7 Employees Culture; Employees 19-23; 191-194
2-9 Governance structure and composition Description of the working practices of the management board and the supervisory board 226-228
2-10 Nomination and selection of the highest governance body Description of the working practices of the management board and the supervisory board 226-228
2-11 Chair of the highest governance body Description of the working practices of the management board and the supervisory board 226-228
2-12 Role of the highest governance body in overseeing the management of impacts Sustainability organization and governance structure; Description of the working practices of the management board and the supervisory board 36-38; 237-239
2-13 Delegation of responsibility for managing impacts Sustainability organization and governance structure 36-37
2-14 Role of the highest governance body in sustainability reporting Sustainability organization and governance structure 11
2-15 Conflicts of interest Diversity concept for the supervisory board 230-231
2-16 Communication of critical concerns Risk and opportunity report 235-241
2-17 Collective knowledge of the highest governance body Compensation System https://about.puma.com/en/investor-relations/corporate-governance
2-19 Remuneration policies Description of the working practices of the management board and the supervisory board 226-228
2-20 Process to determine remuneration Description of the working practices of the management board and the supervisory board Compensation System https://about.puma.com/en/investor-relations/corporate-governance 226-228
2-21 Annual total compensation ratio Description of the working practices of the management board and the supervisory board Compensation Report https://about.puma.com/en/investor-relations/corporate-governance 226-228
2-22 Statement on sustainable development strategy CEO Letter; Foreword 5-7; 31-32
2-23 Policy commitments https://about.puma.com/en/sustainability/codes-policies-and-handbooks
2-24 Embedding policy commitments PUMA’s Forever Better sustainability strategy; Human Rights 35; 53
2-25 Processes to remediate negative impacts Human Rights 57; 78-79; 123
2-26 Mechanisms for seeking advice and raising concerns Compliance Management System 224-225
2-28 Membership associations Stakeholder outreach 38-39
2-29 Approach to stakeholder engagement Stakeholder outreach 38-39
2-30 Collective bargaining agreements Measures to achieve equal pay for women and men 365
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GRI 3: Material Topics 2021 3-1 Process to determine material topics Most material aspects 41-42
3-2 List of material topics Most material aspects 41-42
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GRI 3: Material Topics 2021 3-3 Management of material topics Relevant disclosures of corporate governance practices that are applied beyond the regulatory requirements 224-225
205-2 Communication and training about anti-corruption policies and procedures Relevant disclosures of corporate governance practices that are applied beyond the regulatory requirements 224-225
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GRI 207: Tax 2019 207-1 Approach to tax “WE PAY OUR FAIR SHARE” is the core principle the PUMA Group is taking into consideration for its global tax strategy. In this regard, PUMA fully commits to act in accordance with all international tax regulations and to fulfill any tax obligations arising from its business activities. All information regarding PUMA’s tax approach can be found in the tax strategy (https://about.puma.com/en/investor-relations/corporate-governance, see Tax Strategy) As it is a general principle for PUMA to follow tax rules and to pay applicable taxes, taxes as such are not a material issue within the sustainability approach. Consequently, PUMA does not report in detail on the GRI Standard in this regard.
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GRI 3: Material Topics 2021 3-3 Management of material topics Recycled material usage; Material origin 130; 142
GRI 301: Materials 2016 301-1 Materials used by weight or volume Recycled material usage; Material consumption data 130; 143-146
301-2 Recycled input materials used Recycled material usage 130
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GRI 3: Material Topics 2021 3-3 Management of material topics Climate 87-91
GRI 302: Energy 2016 302-3 Energy intensity Products 158-159
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GRI 3: Material Topics 2021 3-3 Management of material topics Water and air 118-119
303-2 Management of water discharge-related impacts Water and air 120-123
303-5 Water consumption Products 157
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GRI 3: Material Topics 2021 3-3 Management of material topics Biodiversity 147; 149
GRI 304: Biodiversity 2016 304-1 Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas Biodiversity 147
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GRI 3: Material Topics 2021 3-3 Management of material topics Climate 87-91
GRI 305: Emissions 2016 305-1 Direct (Scope 1) GHG emissions Climate 92; 93
305-2 Energy indirect (Scope 2) GHG emissions Climate 92; 93
305-3 Other indirect (Scope 3) GHG emissions Climate 95-96
305-4 GHG emissions intensity Climate 158-159
305-5 Reduction of GHG emissions Climate 92-96
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GRI 3: Material Topics 2021 3-3 Management of material topics Circularity 130
GRI 306: Waste 2020 306-1 Waste generation and significant waste-related impacts Products 131
306-2 Management of significant waste-related impacts Circularity 130
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GRI 3: Material Topics 2021 3-3 Management of material topics Our people occupational health and safety 24
403-2 Hazard identification, risk assessment, and incident investigation Our people occupational health and safety 24
403-9 Work-related injuries Our people occupational health and safety 24
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GRI 3: Material Topics 2021 3-3 Management of material topics Relevant disclosures of corporate governance practices that are applied beyond the regulatory requirements 224-225
GRI 405: Diversity and Equal Opportunity 2016 405-1 Diversity of governance bodies and employees Relevant disclosures of corporate governance practices that are applied beyond the regulatory requirements 224-225
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GRI 3: Material Topics 2021 3-3 Management of material topics Human Rights in the supply chain 61
GRI 407: Freedom of Association and Collective Bargaining 2016 407-1 Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk Human Rights in the supply chain 64; 67; 76
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GRI 3: Material Topics 2021 3-3 Management of material topics Human Rights in the supply chain 61-62
GRI 409: Forced or Compulsory Labor 2016 409-1 Operations and suppliers at significant risk for incidents of forced or compulsory labor Human Rights in the supply chain 76
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GRI 3: Material Topics 2021 3-3 Management of material topics Human Rights in the supply chain 61-62
GRI 414: Supplier Social Assessment 2016 414-1 New suppliers that were screened using social criteria Human Rights in the supply chain 62-63
414-2 Negative social impacts in the supply chain and actions taken Human Rights in the supply chain 62-64