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 Sections 289c to 289e of the German Commercial Code (HGB). This consolidated combined non-financial report consists of the "Sustainability" and "Culture" subsections in the "Our People"section as well as “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 from January 1, 2023 to December 31, 2023. 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 Article § 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 a 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 recognised standards on sustainability reporting. PUMA SE has prepared this report 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.

General disclosures

Location

Pages

GRI 2: General Disclosures 2021

2-1 Organisational details

Commercial activities and organisational structure

214

2-2 Entities included in the organisation’s sustainability reporting

Scope of the Report

48

2-3 Reporting period, frequency and contact point

Index for combined non-financial report and GRI content, Imprint

198

2-4 Restatements of information

Index for combined non-financial report and GRI content

198

2-5 External assurance

Limited assurance report of the independent practitioner regarding the separate non-financial group report

205

2-6 Activities, value chain and other business relationships

Commercial activities and organisational structure; Sourcing

214, 220

2-7 Employees

Our People; Employees

16, 222

2-9 Governance structure and composition

Description of the working practices of the management board and the supervisory board

254

2-10 Nomination and selection of the highest governance body

Description of the working practices of the management board and the supervisory board

254

2-11 Chair of the highest governance body

Description of the working practices of the management board and the supervisory board

254

2-12 Role of the highest governance body in overseeing the management of impacts

Sustainability organisation and governance structure; Description of the working practices of the management board and the supervisory board

36, 254

2-13 Delegation of responsibility for managing impacts

Sustainability organisation and governance structure

36

2-14 Role of the highest governance body in sustainability reporting

Sustainability committee

8

2-15 Conflicts of interest

Diversity concept for the supervisory board

254

2-16 Communication of critical concerns

Risk and opportunity report

255

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

254

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

254

Location

Pages

GRI 2: General Disclosures 2021

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

254

2-22 Statement on sustainable development strategy

CEO Letter; Foreword

5, 31

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

67-78

2-26 Mechanisms for seeking advice and raising concerns

Compliance management system

254

2-28 Membership associations

Stakeholder outreach

38-41

2-29 Approach to stakeholder engagement

Stakeholder outreach

38-41

2-30 Collective bargaining agreements

Human Rights at own entities

53

Material topics

Location

Pages

3-1 Process to determine material topics

Most material aspects

42-44

GRI 3: Material Topics 2021

3-2 List of material topics

Most material aspects

42-44

Anti-corruption

Location

Pages

3-3 Management of material topics

Relevant disclosures of corporate governance practices that are applied beyond the regulatory requirements

263

GRI 3: Material Topics 2021

205-2 Communication and training about anti-corruption policies and procedures

Relevant disclosures of corporate governance practices that are applied beyond the regulatory requirements

263

Tax

Location

Pages

 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.

Materials

Location

Pages

GRI 3: Material Topics 2021

3-3 Management of material topics

Recycled material usage; Material origin

157, 173

GRI 301: Materials 2016

301-1 Materials used by weight or volume

Recycled material usage; Material consumption data

157, 173

301-2 Recycled input materials used

Recycled material usage

157, 173

Energy

Location

Pages

GRI 3: Material Topics 2021

3-3 Management of material topics

Climate

104

GRI 302: Energy 2016

302-3 Energy intensity

Climate

104

Water and effluents

Location

Pages

GRI 3: Material Topics 2021 

3-3 Management of material topics

Water and air

142

303-2 Management of water discharge-related impacts

Water and air

142

303-5 Water consumption

Water and air

142

Biodiversity

Location

Pages

GRI 3: Material Topics 2021

3-3 Management of material topics

Biodiversity

177

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

177

Emissions

Location

Pages

GRI 3: Material Topics 2021

3-3 Management of material topics

Climate

104

305-1 Direct (Scope 1) GHG emissions

Climate

104

305-2 Energy indirect (Scope 2) GHG emissions

Climate

104

305-3 Other indirect (Scope 3) GHG emissions

Climate

104

305-4 GHG emissions intensity

Climate

104

GRI 305: Emissions 2016

305-5 Reduction of GHG emissions

Climate

104

Waste

Location

Pages

GRI 3: Material Topics 2021

3-3 Management of material topics

Circularity

156

306-1 Waste generation and significant waste-related impacts

Circularity

156

GRI 306: Waste 2020

306-2 Management of significant waste-related impacts

Circularity

156

Occupational health and safety

Location

Pages

GRI 3: Material Topics 2021

3-3 Management of material topics

Our people occupational health and safety

22

403-2 Hazard identification, risk assessment, and incident investigation

Our people occupational health and safety

22

403-9 Work-related injuries

Our people occupational health and safety

22

Diversity and equal opportunity

Location

Pages

GRI 3: Material Topics 2021

3-3 Management of material topics

Relevant disclosures of corporate governance practices that are applied beyond the regulatory requirements

254

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

254

Freedom of association and collective bargaining

Location

Pages

GRI 3: Material Topics 2021

3-3 Management of material topics

Human Rights in the supply chain

55

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

55

Forced or compulsory labor

Location

Pages

GRI 3: Material Topics 2021

3-3 Management of material topics

Human Rights in the supply chain

55

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

55

Supplier social assessment

Location

Pages

GRI 3: Material Topics 2021

3-3 Management of material topics

Human Rights in the supply chain

55

GRI 414: Supplier Social Assessment 2016

414-1 New suppliers that were screened using social criteria

Human Rights in the supply chain

55

414-2 Negative social impacts in the supply chain and actions taken

Human Rights in the supply chain

55