Sustainable Development

PPC Group’s Subsidiaries

This Policy is adopted and implemented by the subsidiaries, provided that it does not conflict with more specific national or other special regulations governing each Company of the Group.

The Policy is adopted by each subsidiary company by decision of its Board of Directors, making it binding on all its executives and employees. The Policy is adopted and implemented by the subsidiaries, with the necessary adjustments required by the size and activities of each Company, without modifying the basic principles and obligations arising from it.

The Management of each Group Company in Greece and abroad is responsible for adopting this Policy, adapted as appropriate to the nature, scope and complexity of its activities, taking into account the applicable regulatory framework of the country in which it operates. All Group subsidiaries shall disclose the Policy they follow and any relevant revisions thereof to the Sustainability Division. The Sustainability Division of PPC is responsible for informing the subsidiaries about the Sustainable Development Policy, through the respective Sustainable Development service units, following its approval by the Company's Board of Directors (BoD).

In cases where the Group holds a non-controlling interest, the partners are informed about this Policy and are encouraged to comply with its requirements or to adopt the respective policies and procedures, where these are not already in place. Partners are required to inform the Group of the Sustainable Development practices they follow and adopt.