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