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SUSTAINABILITYREPORT2023

34353637383940Green PartnerKey performance indicatorsInnovation and technology Expansion in paper productioncapacity Investments in the corrugated divisionAlliancesSustainable supply chainKey performance indicatorsGreenpaperWe are GreenpaperGreenpaper GroupOur transformation processes TimelineOur culture80th anniversary Our people Our products Corporate governance Corporate policies Stakeholders050607080910111213150302Message from our CEO 17181920Sustainability StrategyMateriality assesmentSustainability model Sustainability pillars Roadmap for the strategy 22232425262728293031Green PeopleKey performance indicatorsXtí ModelEconomic well-being Proffesional well-being Diversity, equity, and inclusion model Development, training, and teaching TrainingPhysical and emotional well-being Social well-being Sustainability reportContents474850About this reportGRI IndexAnnex4243444546Green PlanetKey performance indicatorsWaterAlliance with Heineken Circular economy Climate change 01Sustainability Report 2023

I am pleased to present our second Sustainability as Greenpaper celebrated its 80th anniversary, formerly known as Productora de Papel, PROPASA.Over these 80 years, we have navigated various challenges, reinforcing our commitment to the circular economy by producing 100% recycled paper. In line with this commitment, we made a historic investment to enhance and expand our Paper Machine #3. This upgrade will boost our production capacity by 25%, improve the quality of our coated cardboard products, and expand our product range.In our Corrugated division, we are modernizing our infrastructure and production processes, aiming to double our capacity and diversify our corrugated  and dedication of our shareholders, customers, and team in integrating sustainability into packaging and product protection.Despite adverse market conditions in 2023 affecting the global packaging paper industry, our agile response and customer loyalty ensured a continuous supply of high-quality products as we progressed towards our Vision 2025.Internally, we prioritized the well-being of our employees through our Xtí model, focusing on enhancing our facilities and creating new spaces like the Greenpaper Recreation Center. Our efforts have been recognized with the Great Place to Work      distinction from the Government of Nuevo León.Environmental challenges, particularly water scarcity, pushed us to innovate. Partnering with Heineken Mexico, we repurposed wastewater from their treatment plants for our processes, reducing our well water usage by 19%. In addition to these, we increased our reliance on clean energy. These initiatives emphasize our commitment to minimizing our environmental footprint on critical issues such as water, climate change, and waste management.This report provides detailed insights into our performance and future commitments. I extend my gratitude to our employees, partners, shareholders, and allies for contributing to Greenpaper’s legacy and our journey towards prosperity and sustainability.Bernardo ZambranoCEODear friends:GRI 2-2202Sustainability Report 2023

GRI 000+15MTREES SAVEDin the last 3 years by using recycled paper+200%60%internallytreated water for reuse vs 2022Consumption oftreated water87%Clean energy consumed63%Locallycollectedrecycledmaterial100%Paper producedwith recycled materialWomen in key positions37%1,005Employees23,241Hours of training providedTons of recyclingcapacity+330,00060,000Tons of sheetand corrugated box production capacity300,000Tons of paper production capacity-30%from usinginstead of virgin celluloseCOemissions

WE AREGREENPAPER

GRI 2-2GRI 2-6We are an organization focused on the production of paper and cardboard to provide packaging solutions to all types of industries.CorrugatedWe design packaging solutions by converting paper into sheets and corrugated boxesRecycledWe recycle paper and cardboard through the collection and purchase of post-consumer materialPaperWe produce packaging paper using 100%recycled fiberGreenpaper is comprised of 3 divisions05Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORT

Transformation processesROLL STAND SINGLEFACER B SINGLEFACER C DOUBLEBACKERPREHEATPAPER ROLLSRECYCLED PAPERCUTTERCORRUGATEDSHEETCORRUGATEDSHEETBOX FORMING CORRUGATEDBOXChemicals Inks OthersPULPFEEDER MILL SIEVEDEINKING CLEANERPRESING TABLEFORMINGTABLEBOX COATING CALENDARING WINDER CONTAINERBOARDAND BOXBOARDDRYINGPURCHASE UNLOADING AND SEPARATION STORAGECOLLECTIONPROSPECTION0003 paper producingmachines1 corrugating machine 4 box machinesrecycledpapercorrugated06Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORT

Timeline1940 1950 1960 1980 1990 2000 20102020Foundation of Productora de Papel S.A. using cellulose asraw materialInstallation ofboiler 3 19521957Start of 1st paper machine for Kraft Paper and LinerInstallation of a 2nd paper machine to produce Kraft Paper20222023Start-up of secondary and tertiaty water treatment plants 201520162018Acquisition of cogeneration plantMajor reform of 2nd paper machineLaunch of the Corrugated divisionTotal substitution of 1st paper machine19431967 1966Sugarcane pulp millConvertion of 3rd paper machine to produce Coated Recycled BoardChange ofControlRebranding of 2008 1999 198480th AnniversaryAddition of a 3rd paper machine to produce Kraft Paper07Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORT

Service-orientedattitudeIntegrity Humility ResponsibilityTeamworkOurValuesOur cultureVisionTo be the leading company in the paper and pulp industry within Mexico with a strong global presence and a high sense of social and environmental responsibility.MissionGenerate value through paper solutions ensuring costumer satisfaction, employee development, and environmental preservation.GREEN PEOPLESUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORT

Our role is toTRANSFORMwhat matters most

ADMINISTRATIVEOPERATIONAL319 4Operational Administrative13 188 10Operational AdministrativeADMINISTRATIVEOPERATIONAL80737 114Operational Administrative151 656362 294Operational AdministrativeADMINISTRATIVEOPERATIONAL167EMPLOYEESEMPLOYEESEMPLOYEES38 18Operational Administrative56 111WOMEN MENWOMEN MENWOMEN MEN73 38Operational Administrative527Operational478Administrative220Women785MenAverage monthly turnover: 6.74%*All our personnel are employed full-time171439940811156ACTIVEEMPLOYEESOur peopleGRI 2-7, 405-1recycledpapercorrugated10Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORT

OurproductsCOATED RECYCLED BOARD,RECYCLED KRAFT LINER ANDMEDIUM, AND CORRUGATEDSHEETS AND BOXESFood andBeveragesToys andEntertainmentAutomotiveConsumerGoodsClay coated recycled kraft back with freezingand humidity resistanceClay coated recycled kraft back3 ply uncoated paperboard Medium paperboard Flute B Layer PackagingFlute C Layer Strong supportFlute BC Layer Extra strong supportCoated Box Moisture resistanceBox with Threads Higher reinforcementBox Sesame Tape Easy openingThree-layer White top liner coatingKraft linerGRI 2-6100% recycled paperfor your packaging needs+300BUSINESS PARTNERSPresence inCountriesWorldwide+5011Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORT

*The chairman is not a senior executive of the organizationHighest body responsible for strategic decisionsEnsure compliance with the business planExecutive decision-makingRisk and impact managementOversees environmental, social, and business performanceComposed of 10 independent members from leading companies in different industriesReviews and guides the ongoing business plan, performanceEstablishes vision, direction, and leadershipGuides the execution of the business plan and the strategic decision-making processCEOMANAGEMENTTEAMCHAIRMANGreenpaperADVISORYBOARD15%85%Corporate governance GRI 2-13Our Corporate Governance allows us to manage the balance between social, environmental, and economic aspects within the organization. Additionally, it strengthens the engagement with stakeholder groups.12Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORT

Corporate policies*Every complaint is addressed according to the sanctions model which includes the recording of administrative minutes up to immediate termination.GRI 2-23, 2-26, 205-2, 205-3All employees are informed about the code of ethics and its guidelines, and anonymous complaint mechanisms are in place for any personnel who need guidance or support.Our Code of Ethics brings together the standards, criteria, and values in the exercise of professional activity of our personnel in terms of ethics and legality.Codeof Ethics100% of staff memberswere communicatedabout the code of ethicsReportedsituations: : 11 breaches4 breachescorporate values7 breachescode of ethics 13Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORT

Corporate policiesto protecting and responsibly managing environmental impacts. It promotes:A framework for the sustainable use of natural resourcesShort-term reduction goals and a long-term sustainability strategyThis policy outlines principles governing our acquisitions of raw materials, supplies, services, and equipment. It ensures:Suppliers adhere to our Supplier Code, aligning their commitments with our environmental, social, and ethical standardsHuman Rights Policy Environmental Policy Procurement PolicyThis policy includes guidelines to ensure a safe and inclusive workplace where everyone can develop their talents. It covers:Fundamental rights recognized in the Universal Declaration of Human RightsInternational Labor Standards by the International Labor OrganizationPrevention of discrimination and harassment Whistleblower mechanismsrights, environmental stewardship, and responsible procurement practices.GRI 2-2314Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORT

Our employees are the core of our company. Ensuring their well-being, safety, and growth is paramount.Delivering high-quality, sustainable products motivates us to meet customer needs, encouraging responsible consumption and environmental care.We are focused on creating value for our shareholders, who are key to achieving our purpose and together generating a positive impact on society and the industry.We are dedicated to fostering socio-economic development and empowering the communities where we operate.Our suppliers are crucial to our operations. Building trust-based relationships that align with our ethical commitments maximizes mutual value creation.• We offer opportunities for learning and growth• We develop valuable experiences for the employee• We foster collaboration and a sense of purpose• We respond promptly and with the expected quality• Personalized customer communication and attention• Our products contribute to customers' sustainability goals• We increase revenue and brand value• We maximize asset efficiency• We manage corporate and contextual risks effectively• We advocate for a circular economy culture• We promote self-employment mechanisms• We manage our social and environmental impacts• We drive the integration of a sustainable supply chain• We promote communication and technology transfer among value chain participantsWhy are they relevant for Greenpaper?How do we create value?StakeholdersEMPLOYEES CUSTOMERS SHAREHOLDERS SUPPLIERS COMMUNITYOur stakeholders include employees, customers, suppliers, shareholders, and the community. We foster relationships with them through consultation mechanisms that generate ethical and positive value.GRI 2-2915Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORT

SUSTAINABILITYSTRATEGY

We identify the social, environmental, and governance issues pertinent to our business and assess their relevance to our stakeholders.       our business plan and reviewed by the highest governing body.PRIORITIZATIONEvaluate material issues by considering internal perspectives and stakeholder involvementIDENTIFICATIONRecognize priority issues within the sector and the organizationVALIDATIONmaterial issuesMethodology for the definitionof materiality*Materiality will later be updated to integrate more stakeholder groups.IMPACT ON STAKEHOLDER GROUPIMPACT ON ORGANIZATIONAL STRATEGY3.54.54.5410131291114315865712Operational efficiencyWater careEnergy efficiencyWaste managementOccupational health and safetyAttraction and retention of talentStaff developmentLabor practicesSocial licenseESG cultureCustomer engagementCulture of legalitySupply chain managementDesign and product managementResearch, development, and innovationList of material issues:5.6.7.8.9.10.1.2.3.4.11.12131415Materiality assessmentSUPPLIERSSurveysEMPLOYEESSurveys andfocus groupsCUSTOMERSSurveysGRI 3-1, 3-2-3-317Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORT

Sustainability modelOur goal is to build sustainable businesses that create shared value.We manage sustainability through a model that integrates material issues, measures key performance indicators, and establishes a pathway to transform what matters most.GREEN PEOPLEGREEN PLANETGREEN PARTNERCULTURESafety andWell-beingSocialResponsibilityClimateChangeWaterCareSustainableSupplyAlliancesInnovationand TechnologyTalent Management CircularEconomy18Sustainability Report 2023GREEN PEOPLEGREEN PARTNERGREEN PLANETTHIS REPORTSUSTAINABILITY

Sustainability pillarsOur employees are fundamental to our organization. We ensure safe environments and opportunities for professional growth. We also aim to strengthen the communities where we operate by developing local talent and promoting socio-economic development, impacting people's lives in a positive way.Sustainability is the core of our business. We are committed to environmental stewardship, prioritizing the reduction of our environmental impacts and       promote circular economy.Developing and integrating value chains drives innovation and strengthens business relationships. We collaborate with the entire value chain, including customers, suppliers, and other stakeholders, to enhance the competitive advantage and added value of our products.GREENPEOPLESafety andWell-beingSocialResponsibilityTalent ManagementClimateChangeWaterCareCircularEconomyGREENPLANETGREENPARTNERSustainableSupplyAlliancesInnovationand Technology19Sustainability Report 2023GREEN PEOPLEGREEN PARTNERGREEN PLANETTHIS REPORTSUSTAINABILITY

MaterialityanalysisSustainabilityreportBusiness planintegrationSustainabilityStrategy to 2030SBTI GoalsScope 3Measurement2022 2023 2024 2025        process includes several milestones and an implementation plan covering the following months and years.Roadmap for the strategy20Sustainability Report 2023GREEN PEOPLEGREEN PARTNERGREEN PLANETTHIS REPORTSUSTAINABILITY

GREENPEOPLE

+24%INVESTMENTIN TRAININGvs 20222,443,286HOURSWORKED1,005TOTALEMPLOYEES37%WOMEN IN KEYPOSITIONS23 hAVERAGE TRAININGHOURS PEREMPLOYEE23,241TOTALTRAINING HOURS3.9%INJURYRATE45MATERNITYAND PATERNITYLEAVESKey performance indicators22Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORT

FOR YOURECONOMIC WELL-BEINGFOR YOUR PROFESSIONAL WELL-BEINGFOR YOUR PHYSICAL WELL-BEINGFOR YOUR EMOTIONAL WELL-BEINGFOR YOUR SOCIAL WELL-BEINGWe promote healthy choices to ensure you feel physically revitalized and energetic.We strive to create positive work experiences that make you proud to belong.We aim to help you increase your wealth and support you in achieving your goals.We support a balanced life where you feel good about yourself.We encourage meaningful connections and positive emotions.XtÀ ModelEmployees are the cornerstone of our success and a crucial foundation of our organization. We provide programs and        emotional well-being, economic stability, professional development, and community integration.23Sustainability Report 2023SUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORTGREEN PEOPLE

We are committed to providing competitive compensation according to industry and regional standards. Our strategies aim to eradicate poverty 100% of our employees receive a salary above the poverty threshold in to well-being and socio-economic development.Economic well-beingSavings fundand food vouchersMedical expensesinsurance and life insuranceSpecial pricesfor insurancesAccess tostore discountsAccesible loansGRI 3-3, 401-2Products from allied businessesat preferential prices24Sustainability Report 2023SUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORTGREEN PEOPLE

We aim to create conditions that boost happiness, productivity, creativity, empathy, and alignment of personal and professional objectives.In 2023, we introduced various initiatives to improve the work environment:Diversity, equity, and inclusion programMental health talksEmployeerecognition programLeadershipimprovement toolsProgram:One day in the operationProfessional well-beingProfessional well-being25Sustainability Report 2023SUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORTGREEN PEOPLE

Diversity, equity, and inclusion modelWe are transforming the industry by creating equal opportunities for seniors, people with disabilities, and women. By 2023, we achieved Review of all job descriptions to ensure equity and inclusionMeasuring and baselining the gender pay gapIncreasing the hiring of women, seniors and people with disabilities+47%Increase in womenhired vs 2022+30%Increase in women hired vs 2022papercorrugated26Sustainability Report 2023SUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORTGREEN PEOPLE

      free access to medical care, nutritional, and emotional guidance.For our 80th anniversary, we inaugurated a new recreation center with free access for our staff and their families.Greenpaper’srecreation center6,175marea with free and open access forour employeesImproving our benefits27Sustainability Report 2023SUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORTGREEN PEOPLE

Development, training, and teachingGrowing togetherThe success of Greenpaper's projects is closely linked to the professional growth of our employees. We review and expand our personnel evaluation processes to ensure comprehensive performance assessments and successful training conditions.92%of administrativestaff received aperformanceevaluation85%of operativestaff received aperformanceevaluationGRI 3-3, 404-328Sustainability Report 2023SUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORTGREEN PEOPLE

TrainingWe ensure that all employees have the necessary knowledge to perform their activities, enabling them to implement improvements and the number of courses taught.DUALTRAININGMODELWe adopt the Dual Training Model to train young people under a personalized plan combining theory and practice, developing technical competencies and professional skills in real productive spaces, facilitating access to future employment.In-persontrainingTraining Hours1,261 7,7168,97715 17172,459 6,602 9,060Virtualuniversity2,590 2,614 5,204Averagetraining hours37 27 30OPERATIONAL ADMINISTRATIVEinvestmentin training+40%18,66123,241 (+24%)2022 20238,022HOURSfor leadershiptrainingGRI 3-3, 404-1, 404-229Sustainability Report 2023SUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORTGREEN PEOPLE

Physical and emotional well-beingSafe and Adequate WorkplaceEnsuring the safety and health of all employees Safety processes, including:Implementation and documentation of proceduresControls for overtime managementoccupational health and safety risksUpdated protocols for emergency respondsAs part of the reconfiguration process of our health and safety system, we updated injury data compared to 2022.HOURS WORKED2,443,286HOURS OF TRAINING DEDICATED TO SAFETY6,590ACCIDENTS IN FACILITIES143.89Injuries*The rates were calculated per 200,000 hours worked.GRI 3-3, 401-1, 403-2, 403-930Sustainability Report 2023SUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORTGREEN PEOPLE

Social well-beingVolunteering and gift donationsto elderly citizensEnvironmental education coursesin elementary schoolsCollection of provisions for thoseaffected by Hurricane Otis in GuerreroTree planting at our facilitiesand surroundingsGRI 3-3, 413-1Through our volunteer programs, we promote community change. In 2023, our employees dedicated 147 hours to various causes:31Sustainability Report 2023SUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORTGREEN PEOPLE

Social well-being In 2023, we formalized our philanthropic efforts by creating the Greenpaper Foundation, aimed at investing in welfare projects to improve the quality of life of our employees, future generations, and the community.Partnership with Dibujando un Mañana Foundation:Implemented the Vivienda Digna program to repair and rehabilitate employee homes, promoting better conditions for their families.$76,500 USD invested in materials and laborDonations:Donation of $35,300 USD to Nuevo Leon's Fire DepartmentOver $47,000 in scholarships and materials to support children's and teenagers' education*Average exchange rate 1 USD = 17 MXN32Sustainability Report 2023SUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORTGREEN PEOPLE

GREENPARTNER

Key performance indicators63%LOCAL COLLECTIONOF RECYCLEDMATERIAL+150%INCREASE INCORRUGATEDBOARD CAPACITY+$100MUSD INVESTEDIN THE LAST5 YEARSOF RECYCLINGCAPACITY330,000TONS6CERTIFICATIONS AND RECOGNITIONS+100RECYCLEDFIBERSUPPLIERSGRI 204-134Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORT

Innovation and technologytechnologies to optimize production processes and improve working conditions. In 2023, a notable achievement was the digitalization of our human resources services into a single web and mobile application, which facilitates access to:of staff haveregular accessto the platform95%Internal communicationIndividual performance reviewService line and queriesInternal job posting applicationsVirtual trainingEmployee recognition35Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PLANETTHIS REPORTGREEN PARTNER

We made a historic investment on the production of coated recycled board and white top liner to improve the attributes of our value offer. New special machinery with better energy equipment+EfficiencyUSD for the upgrade of our paper machine 3Investment+$55MWe extended the forming table to improve the interlacing of the paper +QualityWith state-of-the-art machinery, we have increased production speed to serve our customers faster+SpeedExpansion in Paper Production CapacityCompletionby 2024240,000Tons of annualproductioncapacity+25%Increase in productioncapacity of coatedrecycled board36Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PLANETTHIS REPORTGREEN PARTNER

We expanded our production capacity by renewing equipment in order to meet the growing demand for corrugated products and services.We doubled our converting capacity of corrugated boxes4 convertinglinesWe have increased our capacity from 2,000 to 5,000 tons per month+150%in productioncapacityState-of-the-art machinery substantially increases product quality+QualityReduced production time machinery+Service Speedresource use and greenhouse gas emissions+Sustainability New machinery allow us to meet the increasing demand for corrugated board in box or sheet form.Investments in the Corrugated DivisionUpdatedcorrugated boardmachinery37Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PLANETTHIS REPORTGREEN PARTNER

AlliancesWe connect with strategic partners, including business organizations, industrial chambers, suppliers, customers, and other companies, enhancing our capabilities and addressing priority issues for Greenpaper and our stakeholders.We actively participate in various industry and sustainability forums:MemberMemberMemberBoardmemberBoardmemberSignatoryBoardmemberBoardmemberBoardmemberGRI 3-3, 2-2838Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PLANETTHIS REPORTGREEN PARTNER

We leverage independent third-party expertise to drive continuous improvement in our processes, seeking support, guidance, and validation to inform our operational decisions. By the end of 2023, we  Certifications and recognitionsPAPELRECICLADOPORUNMUNDOMEJOR.39Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PLANETTHIS REPORTGREEN PARTNER

To meet our customers' expectations, we collaborate closely with our suppliers to ensure the supply of high-quality raw materials. With this, we aim to build a reliable supply chain with participants who share an ethical vision, promote socio-economic development, and minimize negative environmental impacts.Sustainable supply chainKEYINPUTSEnergyWaterChemicalsPost-consumerrecycled fiberRecycledkraft linerand mediumCoatedrecycled boardCorrugatedsheetsCorrugatedboxesGRI 3-3, 303-1recycledpapercorrugated40Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PLANETTHIS REPORTGREEN PARTNER

GREENPLANET

Key performance indicators21%OF ENERGYCONSUMED ISFROM CLEANSOURCES24%REDUCTION INHAZARDOUS WASTEGENERATIONCOMPARED TO 2022+200%INCREASE IN WATERTREATED INTERNALLYFOR REUSEVS 202260%OF WATER USED IS RECYCLEDTONS OF CO EMISSIONSREDUCTION COMPARED TO 20226,50064%EMISSIONSFROM CERTIFIEDCLEAN ENERGY888TONS OF OTHERRECYCLED MATERIALS42Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORT

Water   returning water to the community without pollutants, is a key operational goal. This is of great importance to our stakeholders.In 2023, alongside our production capacity expansion, we conducted comprehensive analyses and reviews of our water infrastructure. This will allow us to establish challenging and realistic reduction goals.GRI 3-3, 303-1, 303-3Removes trash and particlesPrimary1Removes organic matterSecondary2contaminantsTertiary3Non-pollutant ²Discharged Water232,331577,611Recycled WaterWater Intake1,384,246 m3Treated Water*587,902 m3Wastewater from Heineken155,362 m3Groundwater564,013 m3Water SourcesTreatment121. Includes treated water from Agua y Drenaje (Government Supplier of water) and purchases from private suppliers.2. Complies with specific discharge conditions, according to the corresponding regulations.343Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERTHIS REPORTGREEN PLANET

155,362cubic metersof wastewatertransferred toGreenpaperIn partnership with Heineken, we developed a wastewater connection project. This involves:Installing water infrastructure to connect Heineken's treatment plant discharges with our water supply infrastructure.Additional treatment to optimize this wastewater for use in our paper production process.This initiative replaced a significant portion of our treated water consumption with reused water.Alliance with Heineken44Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERTHIS REPORTGREEN PLANET

Circular economy GRI 3-3, 301-2, 306-1,306-2Formulation and designRecycling and raw materialsManufacturingCollection and sortingCustomer consumptionFinal product packagingcompared to virgin/cellulose paper17 trees saved per ton produced60% energy savings58% water savings3.3 m32.5 tons of CO2 emissions avoided per ton Our business is fundamentally based on extending the life cycle of paper         45Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERTHIS REPORTGREEN PLANET

*Emission data are calculated using national authority factors. The reported emissions comply with the parameters established by the corresponding national authorities.Greenhouse Gas Emissions2022150,23812,685162,9232023144,74711,657156,404Scope I Scope IITOTAL EMISSIONS Fuels (megajoules)202279,152,054260,05635,346144,712202376,343,300257,69030,950126,756Natural Gas GasolineDieselWind Combined Heat and PowerNational Grid Solar Photovoltaic TechnologyClimate changethrough the use of recycled paper and energy management. Our pledge in this area is to transform and neutralize our emission impacts.In 2023, we achieved a reduction in energy consumption and carbon footprint, which was directly correlated with the decrease in production levels.18,449 Mwh13%151 Mwh1%29,759 Mwh21%90,099 Mwh64%GRI 3-3, 305-1, 305-2, 305-546Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERTHIS REPORTGREEN PLANET

About this reportGRI 2-3, 2-14Greenpaper has prepared this second annual report in accordance with GRI Standards, covering the period from January 1, 2023, to December 31, 2023. Our sustainability performance is published    communication channels.All information contained in this report has been approved and reviewed by the Executive Management.Publication date 04/30/2024Aldo Rodríguez VerduzcoSustainabilityafrodriguez@greenpaper.com47Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORT

GRI IndexDescription Content and/or page2-1 Organizational details2-2 Entities included in the organization’s sustainability reporting Reciclados del Oriente, Productora de Papel, Corrugadora de Oriente2-3 Reporting period, frequency and contact point About this report 472-4 Restatements of information 2-6Activities, value chain and other business relationships Our products 112-7Employees Our people 92-12Role of the highest governance body in overseeing the managementof impactsCorporate Governance 132-13Delegation of responsibility for managing impacts Corporate Governance 122-14Role of the highest governance body in sustainability reportingAbout this report 472-16 Communication of critical concerns During 2023 we received no critical concerns2-22 Statement on sustainable development strategy Letter from the Director 22-23Policy commitments Corporate Policies 13, 142-24 Embedding policy commitments Corporate Policies 13, 142-27 Compliance with laws and regulations Corporate Policies 132-28 Membership associations Alliances 382-29 Approach to stakeholder engagement Stakeholders 152-30 Collective bargaining agreement3-1 Process to determine material topics Materiality 173-2 List of material topics Materiality 173-3 Management of material topics Management of material topics on pages: 24, 27, 28, 29, 30, 31,32, 35, 26, 27, 38, 40, 43, 45, 46204-1 Proportion of spending on local suppliers KPIs 34205-1 Operations assessed for risks related to corruption In 2023 we do not carry out any evaluation in operations205-2Communication and training about anti-corruption policies and proceduresCorporate Policies 13205-3  Corporate Policies 13Mechanisms for seeking advice and raising concerns2-26 Corporate Policies 13General DisclosuresMaterial TopicsProcurement PracticesAnti-corruptionDescription Content and/or page301-1 Materials used by weight or volume Sustainable supply 40301-2Recycled input materials used302-1 Energy consumption within the organization Climate change 46302-2 Energy consumption outside of the organization Climate change 46303-1 Water withdrawal Water 43303-2Water discharge We acquire fresh water from a well approved by semarnat303-3 Water consumption Water 43305-1  Climate change 46305-2  Climate change 46305-5 Reduction of GHG emissions Climate change 46306-1Circular economy 45306-2  Circular economy 45306-3Waste generated306-4Waste diverted from disposal We deliver the waste to a specialized service that decides and manages its correct disposal.306-5Waste directed to disposal We deliver the waste to a specialized service that decides and manages its correct disposal.308-1 New suppliers that were screened using environmental criteria We do not have an environmental assessment of suppliers.401-1New employee hires and employee turnover Our people 10401-2to temporary or part time employeesWe do not have part-time or temporary workers401-3 Parental leave Reciclados: 1 man, Papel: 28 men, 5 women. Corrugados: 6 Men, 5 WomenMaterialsEnergyEmissionsEmployment Supplier Environmental AssessmentIn 2023, we recycled 888 tons of waste, including plastics, metal, scrap metal and wood. We also moved 18,048 tons of non-recyclable waste to a specialized service for disposal.Non-recyclable waste: 18,049Recyclable waste: 888 tonsHazardous waste: 57.5Reciclados del Oriente, Productora de Papel, Corrugadora de Oriente, are privately held companies headquartered in San Nicolas de los Garza, Nuevo Leon. With a unique operation in MexicoWe have a collective bargaining agreement endorsed by the authorities covering 527 employees, 57% of the total. The remaining employees are covered by an individual contract.48Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORT

GRI IndexGREENPEOPLEGREENPLANETGREENPARTNERDescription Content and/or page403-1 Occupational health and safety management system Physical well-being 30403-2 Physical well-being 30403-3 Occupational health services First aid, medical consultation, nutrition, psychologist.403-5Worker training on occupational health and safetyEmployees are trained in risk prevention in the various workplaces and activitiesthat require specialized training by law.403-6 Promotion of worker healthWe offer all administrative employees free access to health services such as medical consultation, medical tests and hospital care.403-8 Workers covered by an occupational health and safetymanagement systemWe have an internally operated health and safety management system that covers all facilities and employees working in the perimeter of the business units. The system is aligned with the applicable legal requirements in Mexico. All data is generated by those responsible and operated in software. 403-9Work-related injuries Physical well-being 30403-10 Work-related ill health 404-1 Average hours of training per year per employee 22.1 average hours of training404-3Percentage of employees receiving regular performance and career development reviewsOcuppational well-being 28405-1 Diversity of governance bodies and employee Equity and inclusion 26406-1 Incidents of discrimination and corrective actions taken During 2023 we had no cases of discrimination413-1Operations with local community engagement, impact assessments, and development programsSocial welfare 32414-1New suppliers that were screened using social criteriaWe do not have a social evaluation of suppliers415-1 Political contributions We do not make contributions to any political party or representativeOccupational Health and Safety Training and Education Diversity and Equal OpportunityLocal CommunitiesSupplier Social AssessmentPublic PolicyNon-discrimination49Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORT

We align our sustainability model with the sustainable development goals of the 2030 United Nations Agenda:2030 Agenda Alignment By 2030, substantially increase the number of youth and adults who have relevant skills, including technical and vocational skills, for employment, decent work and entrepreneurship.  By 2030, improve water quality by reducing pollution, eliminating dumping and minimizing release of hazardous chemicals and materials, halving the proportion of untreated wastewater and substantially increasing recycling and safe reuse globally.       across all sectors and ensure sustainable withdrawals and supply of freshwater to address water scarcity, and substantially reduce the number of people suffering from water scarcity.  By 2030, increase substantially the share of renewable energy in the global energy mix. By 2030, double the global rate of improvement in energy   Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro, smalland medium-sized enterprises, including   By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value.  Protect labour rights and promote safe and secure working environments for all workers, including migrant workers, in particular women migrants, and those in precarious employment.50Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORT

  By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status.  Ensure equal opportunity and reduce inequalities of outcome, including by eliminating discriminatory laws, policies and practices and promoting appropriate legislation, policies and action in this regard.      capabilities of industrial sectors in all countries, in particular developing countries, including, by 2030, encouraging innovation and substantially increasing the number of research and development workers per 1 million people and public and private research and development spending. use of natural resources.Goal By 2030, substantially reduce waste generation through prevention, reduction, recycling, and reuse.  Promote public procurement practices that are sustainable in accordance with national policies and priorities.  DBy 2030, ensure that people everywhere have the relevant information and awareness for sustainable development and lifestyles in harmony with nature.  Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries. Integrate climate change measures into national policies, strategies and planning.2030 Agenda Alignment51Sustainability Report 2023GREEN PEOPLESUSTAINABILITYGREEN PARTNERGREEN PLANETTHIS REPORT

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