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2023 CORPORATE SOCIAL RESPONSIBILITY REPORTwww.layfieldgroup.com

/2CONTENTSMESSAGE FROM THE EXECUTIVEABOUT LAYFIELDOUR VALUESWE PROTECTOur People Our CommunitiesOur EnvironmentGOVERNANCE34678111723Seattle Public Utilities - Lake Forest Reservoir

/3MESSAGE FROM THE EXECUTIVEAs Layeld approaches 50 years of business, we are preparing for a world of exciting change, with new opportunities and technologies to support a prosperous future for all. Through Layeld’s continued investment in people, technology, and innovations, we are committed to strong social governance and environmental protection. Within the pages of this report, you will be intro-duced to our Corporate Responsibility strategy, aptly named ‘WeProtect’. Through this strategy, Layeld aligns its core values with the protection of our people, our communities, and our environ-ment. We rmly believe that when we serve these three effectively, we thrive together as a whole.As you read through the Layeld Corporate Re-sponsibility report, we hope to inspire you with the steps and direction Layeld has taken to enhance our understanding and knowledge of critical so-cial, environmental, and governance matters. Many of you have played a vital role in the devel-opment and growth of the Layeld team, and we extend our heartfelt gratitude to every one of you. Through the collective wisdom and experiences of the exceptional individuals we surround our-selves with, we have become who we are today.Looking ahead, we possess unwavering condence that the products and services offered by Layeld will continue to generate a positive impact. We remain committed to ongoing improvement and the advancement of our organization, positioning ourselves as industry leaders in sustainability.Annette SauderChief Administrative OcerLayeld aligns its core values with the protection of our people, our communities, and our environment.“

/4LAYFIELD’S JOURNEY: FROM HUMBLE BEGINNINGS TO GLOBAL IMPACTFounded in 1978 in Edmonton, Alberta, Layeld embarked on a remarkable journey. What started as a modest venture in plastics manufacturing has blossomed into a multifaceted and dynamic organization that spans continents.OUR EXPANSION STORY: BOLD STEPS AND INNOVATIONWith unwavering determination, Layeld charted an ambitious course. Across the USA, Canada and Australia, we established our presence, fueled by a relentless pursuit of growth. Our strategy? A blend of product innovation, strategic acquisitions, and a keen eye for market diversication. But our most valuable asset? Our people—the heartbeat of Layeld.LEADERSHIP ANCHORED IN VALUESAs we soared to new heights, we remained grounded in our core principles. The same values that propelled us from the outset continue to guide us today. Integrity, excellence, and a commitment to quality dene our path. At Layeld, we don’t just serve industries; we elevate them.SUSTAINABLE SOLUTIONS FOR TOMORROWIn a world of shifting economies and technological leaps, Layeld stands tall. Our leadership position isn’t just about numbers—it’s about impact. We invest in quality individuals, recognizing that they are the architects of our success. Our products and services? They’re more than transactions; they’re building blocks for a sustainable future.A FAMILY LEGACYLayeld isn’t merely a corporation; it’s a family. Our denition of success transcends quarterly reports. It’s about the long-term health and growth of our organization. We measure success not only in nancial terms but also in the enduring relationships we forge—with our people, our industries, and our shared vision.As we look ahead, Layeld remains steadfast. Our mission is to create a legacy that resonates beyond our time. We invest not only in today, but in a future that aligns with our values. Together, we build bridges to possibility, anchored by the unwavering spirit that denes Layeld.ABOUT LAYFIELD

/5A HISTORY OF GROWTH THROUGH INNOVATION

Layeld is committed to protecting our People, our Communities and our Environment while maintaining a corporate culture that ensures high ethical standards, driven to protect the safety and well-being of all our stakeholders.OUR VALUES

/7At Layeld, we don’t just create solutions; We Protect. Our legacy of leadership and innovation spans 45 years, and is built on a foundation of top talent, cutting-edge technology, and unwavering commitment. As you embark on your journey with us, let’s explore the core values and the essence of our Corporate Responsibility strategy: ‘We Protect’OUR PURPOSEWe exist to safeguard our people, our communities, and our environment. It’s not just about business; it’s about making a positive impact.People: Our team of experts, some with over 45 years of experience, will be by your side. We prioritize safety, well-being, and growth.Communities: We serve the places we call home. Our tailored solutions contribute to better lives and stronger neighborhoods.Environment: Sustainability is our compass. We innovate responsibly, ensuring a greener future for generations to come.When we align our values with the protection—of people, places, and the planet—we thrive. It’s not just a corporate strategy; it’s our shared purpose. Remember, at Layeld, we’re not just protecting; we’re empowering.WE PROTECT.OUR PEOPLE, OUR COMMUNITIES, AND OUR ENVIRONMENTSustainable Solutions.

Layeld has a rich history of aligning itself with excellence. We recognize that Layeld’s prosperity is intricately tied to our dedicated employees and stakeholders. Our PEOPLE are the driving force behind our objectives.At Layeld, we prioritize the well-being of our people through unwavering commitments to our EMPLOYEES and STAKEHOLDERS.EMPLOYEES: This category includes all permanent, full-time, and part-time individuals in our workforce. Layeld employees form the heartbeat of our organization, and their well-being remains our top priority.STAKEHOLDERS: This group encompasses all individuals and organizations connected to the success of the Layeld Group. Stakeholders include suppliers, contractors, nancial institutions, shareholders, and everyone who contributes to our overall success.OUR PEOPLE

/9OUR PEOPLEDIVERSITY AND FORCED LABORIn every corner of our operations and through-out all facets of our business, Layeld strives to cultivate an environment that celebrates the unique qualities of our employees and stakehold-ers. We rmly believe that appreciating diversity and fostering inclusivity sets us apart, giving us a competitive edge in realizing our vision to deliver unparalleled value to our customers, colleagues, business partners, and shareholders. At Layeld, we hold the principle of treating every individual with respect and dignity. We aim to establish and nurture a supportive and understanding atmosphere where everyone, irrespective of their differences, can reach their fullest potential within the company.Additionally, at Layeld, we prioritize ethical sourcing practices and are committed to uphold-ing the highest standards of social responsibility across our supply chain. We unconditionally prohibit and condemn any form of child labor, forced labor, or other forms of modern slavery. As part of our commitment across our supply chains, Layeld employs the following best practices:Forced Labour Statement and CommitmentChild and Forced Labor PolicySupplier Code of ConductDiversity & Inclusion PolicyMark Rose, President of Flexible Films, and Peter, Administrative Assistant at Flexible Films, share a moment.

/101. We Are All Safety Leaders: We are driven toprotect ourselves and everyone around us. Welead by example.2. Reinforcing Safe Work Behaviors: We reducethe number of safety incidents by promoting safepractices among our colleagues. By watching outfor each other, we create a culture of vigilance.3. Taking Responsibility: Each of us takesresponsibility for our own safety and the safetyof others. We actively participate in maintaining asafe work environment.4. Providing Necessary Training and Procedures:We ensure everyone’s safety by offeringcomprehensive training and implementing safework procedures. Equipped with the right toolsand knowledge, we minimize risks.5. Risk Mitigation: We identify high-risk areas inthe workplace and make necessary improvementsto minimize those risks. Our collective effortscontribute to a safer work environment for all.SAFETY AT LAYFIELDAccording to our survey, 90% of Layeld employees arm they possess the knowledge and resources necessary to perform their jobs safely.”We value and foster a culture of safety excellence through strong leadership, commitment, and active participation of all employees. Our commitment to safety includes the following actions:

At Layeld, our mission extends beyond business transactions. We are dedicated to safeguarding our communities through two fundamental approaches: industry engagement and local support.INDUSTRY ENGAGEMENT: By staying at the forefront of industry advance-ments, we contribute to progress and innovation. Whether it’s sustainable practices, cutting-edge technologies, or safety protocols, Layeld is there, shaping the future.LOCAL SUPPORT: Our impact extends beyond boardrooms and factories. We recognize that our operations are intertwined with the fabric of local communities.From sponsoring community events to volunteering with local organizations, we invest in the well-being of our neighbors. We believe that thriving commu-nities create a ripple effect, beneting everyone.Together, we build a stronger, safer tomorrow.OUR COMMUNITIESStormwater Management System at the Wheaton Way Transit Center in East Bremerton, WA.

/12MAPPING LAYFIELDS COMMUNITY FOOTPRINTADELAIDESA, AustraliaSAN DIEGOCA, USASEATTLEWA, USAVANCOUVERBC, CanadaCOLLIERSWV, USATORONTOON, CanadaCALGARYAB, CanadaEDMONTONAB, CanadaSASKATOONSK, CanadaAs Layeld approaches 50 years of business, we are preparing for a world of exciting change, with new opportunities and technologies to support a prosperous future for all. “

/13Layeld is dedicated to fostering collaborative partnerships with Indigenous communities, acknowledging the signicance of building enduring relationships based on trust, respect, and transparent communication. We recognize the importance of engaging meaningfully with Indigenous peoples, businesses, and communities while upholding the values rooted in their history, culture, and connection to the land and environment. Our commitment extends beyond mere collaboration; we aim to contribute lasting benets to the Indigenous communities with whom we have the privilege to work, ensuring a positive impact in the regions we work in. INDIGENOUS RELATIONS

/14LOCAL COMMUNITY INVOLVEMENTADOPT-A-HIGHWAY | EDMONTON SUN RUN | VANCOUVERCURL FOR CANCER | TORONTOMOVEMBER | EDMONTON SHARING FARM | VANCOUVERTOY DRIVE | SAN DIEGO

/15Agriculture Construction Oil & Gas MiningSolid WasteManagementWater & WastewaterPet Care PackagingFoodPackagingMedical ProductsIndustrial Films Agricultural FilmsConstruction FilmsLayeld is committed to serving the industries that we work within. By staying at the forefront of industry advancements, we contribute to progress and innovation. Whether it’s sustainable practic-es, cutting-edge technologies, or safety protocols, Layeld is there, shaping the future. INDUSTRIES & MARKETSWE SERVE

LAYFIELD CREDENTIALS

/20Since the 1980s, Layeld has been at the forefront of environmental protection. Our journey began with pioneering polymer-based engineered solutions, specically designed to protect the environment. As our business evolved, so did our commitment to safeguarding the planet through the products and services we provide.At Layeld, we are committed to protecting our environment through the following ways:Sustainable OperationsSustainable InnovationsSustainable SolutionsOUR ENVIRONMENT

/18OUR ENVIRONMENTSUSTAINABLE OPERATIONSBeing good environmental stewards has been ingrained in Layeld’s culture for decades. We have consistently prioritized the protection of the planet over prot, as evident by our innovative approach to operations. ELECTRIC CHARGING UNITSUPGRADEDLED LIGHTINGSOLAR POWERENERGY GENERATIONSOLID WASTEMANAGEMENTWASTE TO ENERGYPROGRAMOPERATION CLEAN SWEEPRichmond, BC is the rst campus to install electric charging units for automobiles.We have upgraded our lighting to LED in all manufacturing facilities.Our San Diego building has enough solar power panels to power our USmanufacturing facility.Programs implemented for Recycling pick-up in locations.This program replaces toxic materials with clean burning plastic-based fuels.Program designed to help the plastics industries operations managers to reduce the loss of pellets, ake, and powder from processing facility to the environment.OPERATIONAL HIGHLIGHTS INCLUDE:

/19SUSTAINABLE INNOVATIONSAs an international manufacturing company, we understand our responsibility in reducing plastic waste and curbing its environmental effects. Sustainability is a central tenet in our strategy to diminish our carbon footprint.We strive to safeguard your merchandise while achieving your sustainability objectives — all without sacricing the integrity of your packaging solutions. We’re continually enhancing our eco-friendly materials, reducing the materials and weight of your packaging, and streamlining your path towards environmental conservation.STORE DROP-OFF RECYCLABLE PACKAGINGUnderstanding recyclable packaging is essential for living sustainably. Recyclable packaging refers to materials that can be repurposed into new products. Layeld’s Store Drop-off Recyclable technology offers a high-barrier packaging solution that consumers can easily recycle at participating stores. Designed for convenience, Store Drop-off Recyclable Packaging can be recycled at designated drop-off points within these stores. Layeld’s materials are pre-qualied to carry How2Recycle’s Store Drop-off label, ensuring straightforward recycling processes.

/20Elevate your brand with Layeld’s eco-friendly PCR solutions: PCR PET lm, PCR HDPE, and PCR LDPE/LLDPE. Crafted from recycled water bottles, milk bottles, and repurposed packaging, our FDA-approved materials embody sustainable innovation. Veried by organizations like SCS Global, our trusted suppliers ensure compliance while maintaining quality and performance. Seamlessly integrated into your supply chain, PCR Packaging empowers eco-conscious choices, enhancing your brand’s environmental impact effortlessly.Welcome to a sustainable packaging future with our PIR – Post Industrial Recycled Films. Revolutionizing the industry, we transform manufacturing and production scrap into high-quality, performance-driven lms and packaging. Post-Industrial Recycled (PIR) plastic lm blends eciency with sustainability, seamlessly aiding organizations in reaching their Corporate Social Responsibility goals. Its innovative, durable design fosters a high-quality, eco-friendly future.POST-CONSUMER RECYCLED (PCR)FLEXIBLE FILMS AND PACKAGINGPOST INDUSTRIAL RECYCLED (PIR)FLEXIBLE FILMS AND PACKAGING

/21SUSTAINABLE SOLUTIONSAs a leading manufacturer in North America, Layeld takes pride in our role in providing resilient and environmentally conscious solutions. Our commitment is to deliver innovative solutions that protect the earth and reduce overall environmental impact for our customers.By prioritizing sustainability in every aspect of our operations, we strive to set a precedent for responsible manufacturing and contribute positively to the well-being of our planet and future generations. Join us in our journey towards a more sustainable future, where resilient solutions meet environmental consciousness for our planet’s betterment and future generations.Recently Layeld launched a Sustainability Committee with the aim of promoting environmental responsibility and innovation in the geosynthetics sector. The committee will focus on identifying and addressing sustainability issues, developing strategies to enhance sustainable impact, and promoting a sustainable narrative internally and externally. Regular monthly meetings will ensure ongoing progress, with additional meetings scheduled as needed. A detailed timeline will guide key activities and deliverables, with milestones set for accountability. Adequate resources will be allocated to support the committee’s work effectively. Layeld is dedicated to advancing sustainability and driving positive change in the industry.LAYFIELD LAUNCHESSUSTAINABILITY COMMITTEE

/22Achieve up to 70% aggregate savings with geogrid technology, a pivotal step towards a sustainable future. Geogrid is engineered to reduce the need for thick aggregate layers, offering greater cost eciency and environmental benets. By minimizing earthworks, accelerating construction, and enhancing long-term performance, geogrids streamline projects, curbing costs and emissions. Incorporating geosynthetics as an alternative to traditional aggregates slashes transportation, construction, and material expenses while promoting safer job sites with reduced truck trac. This innovative approach not only extends infrastructure lifespan, reducing maintenance costs, but also fosters resilient, sustainable development.GEOGRIDS: PAVING THE WAY TO SUSTAINABLE SAVINGS

/23Layeld is a privately held company, professionally managed, with an independent Advisory Board. The Layeld Advisory Board is comprised of 5 independent outside experts from various industries and backgrounds. The purpose of an Advisory Board is to provide expertise, guidance, and strategic advice to the Layeld executive. It offers valuable insights, helps with strategic decision-making, provides networking opportunities, and supports governance and succession planning. Independent Board members are appointed by the Shareholders. Layeld is a professionally audited organization, with an annual audit committee made up of independent board members and shareholders. GOVERNANCEBoard Composition and IndependenceIndependent Advisors 5Seperate Chair and CEO NoIndependent Lead Board Member YesBoards Meetings in 2023 6Attendance 100%Board RenewalMandatory Retirement YesCode of Conduct Yes

/24At Layeld, we don’t play in the grey. If we feel something isn’t above board, we don’t do it.“UPHOLDING ETHICAL EXCELLENCEAt Layeld, our compass points unwaveringly toward high ethical standards. For over 45 years, our Executive Chairman & CEO, Tom Rose, has exemplied this ethos, setting the course for Layeld employees. We treat our colleagues with respect, empathy, and fairness. Our interactions are rooted in integ-rity, fostering a collaborative environment where everyone thrives. Our business relationships extend beyond trans-actions. We engage with suppliers and stakehold-ers ethically, ensuring transparency, trust, and mutual benet. The products we manufacture and install bear the hallmark of excellence. Our commitment to quality aligns with our ethical foundation. Layeld’s documented Code of Ethics serves as our moral compass. It provides clear guidelines for all employees. Importantly, it includes a pro-cess to report ethical concerns to an independent third party. This ensures that employees have a safe avenue to voice their concerns, fostering transparency and accountability. Together, we uphold the highest standards, safeguarding our values and the communities we serve. Tom Rose,Executive Chairman and CEO