Preamble

Preamble

PUMA’s sustainability program aims to create a positive impact across the PUMA value chain focusing on Human Rights, Climate and Circularity. This Sustainability Statement for the fiscal year 2024 was reviewed by the Supervisory Board of PUMA SE and, on behalf of the Supervisory Board, by KPMG AG with regard to the legally required disclosures pursuant to §§ 315b and 315c in conjunction with 289b to 289e German Commercial Code (HGB) for the purpose of obtaining limited assurance. The review was conducted in accordance with the International Standard on Assurance Engagements (ISAE) 3000 (Revised): “Assurance Engagements other than Audits or Reviews of Historical Financial Information” issued by the International Auditing and Assurance Standards Board (IAASB).

The Sustainability Statement contains a description of concepts and due diligence processes and their results. In accordance with the five non-financial aspects pursuant to Sections 315c in conjunction with 289c HGB: “Environmental matters”, “Employee matters”, “Social matters”, “Respect for Human Rights” and “Combating corruption and bribery”.

We use the Corporate Sustainability Reporting Directive EU 2022/2464 (CSRD) and its related European Sustainability Standards (ESRS) as our reporting framework. To prepare this Statement, we conducted a Double Materiality Analysis (DMA), engaging with our stakeholders to identify the most material Impacts, Risks and Opportunities (IROs). We report on the IROs’ interaction with our strategy and business model and how we address them. The first section of the Statement covers our general approach to sustainability reporting, our sustainability strategy and targets in relation to our business model and value chain. We detail our material IROs, policies and actions included in the ESRS: ESRS E1 Climate Change, ESRS E2 Pollution, ESRS E3 Water and Marine Resources, ESRS E4 Biodiversity and Ecosystems, ESRS E5 Resource Use and Circular Economy, ESRS S1 Own Workforce, ESRS S2 Workers in the Value Chain, ESRS S4 Consumers and End-Users and ESRS G1 Business Conduct. We also explain the principles we follow to ensure transparency in our sustainability performance.