Chocoladefabriken Lindt & Spruengli AG

## Governance

Group Procurement shall be responsible for guiding the company's Deforestation Due Diligence strategy, driving its implementation, and supporting efforts to embed it in our supply chain. The Group Sustainability department shall oversee this policy, guide appropriate implementation plans and actions in response to Deforestation risks and review the performance. The CFO, in the capacity as the Group Management member responsible for sustainability, shall provide executive oversight and liaise with the CEO and other members of Group Management. Ultimate oversight for sustainability resides with our Board of Directors, represented by the Corporate Sustainability Committee.

Dr. Adalbert Lechner
CEO, Lindt & Sprüngli

Approved by the CEO, Group Management and the Board of Directors, June 2023
While local language translations may be made, the original English version will remain the only official version.
This policy will be reviewed and revised as needed every two years.

Based on our size, global presence, and the nature of our business, we participate in select industry groups, membership associations and multi-stakeholder initiatives at Group and local level. Selectively we may engage in debates of legitimate interest to us either directly or through trade associations. The company does not use corporate funds for the express purpose of political campaign contributions. To learn more about the organizations in which we participate to discuss universal sustainability challenges and help create broader change, or to learn more about the associations which represent our most significant financial contributions and/or participation in projects or leadership roles, please visit our Memberships & Partnerships page.

#### (4.11) In the reporting year, did your organization engage in activities that could directly or indirectly influence policy, law, or regulation that may (positively or negatively) impact the environment?

(4.11.1) External engagement activities that could directly or indirectly influence policy, law, or regulation that may impact the environment

##### ☑ Yes, we engaged indirectly through, and/or provided financial or in-kind support to a trade association or other intermediary organization or individual
###### whose activities could influence policy, law, or regulation

#### (4.11.2) Indicate whether your organization has a public commitment or position statement to conduct your engagement activities in line with global environmental treaties or policy goals

_Select from:_
##### ☑ Yes, we have a public commitment or position statement in line with global environmental treaties or policy goals

#### (4.11.3) Global environmental treaties or policy goals in line with public commitment or position statement

_Select all that apply_
##### ☑ Paris Agreement

#### (4.11.4) Attach commitment or position statement

_roadmap-to-net-zero.pdf_

#### (4.11.5) Indicate whether your organization is registered on a transparency register

_Select from:_
##### ☑ No

#### (4.11.8) Describe the process your organization has in place to ensure that your external engagement activities are consistent with your environmental commitments and/or transition plan

_Based on our size, global presence, and the nature of our business, we participate in select industry groups, membership associations and multi-stakeholder_
_initiatives at Group or local level. Selectively we may engage in political debates of legitimate interest to us either directly or through trade associations. The company_
_does not use corporate funds for the express purpose of political campaign contributions_

_[Fixed row]_

#### (4.11.2) Provide details of your indirect engagement on policy, law, or regulation that may (positively or negatively) impact the environment through trade associations or other intermediary organizations or individuals in the reporting year.

#### (4.11.2.1) Type of indirect engagement

_Select from:_
##### ☑ Indirect engagement via other intermediary organization or individual

#### (4.11.2.2) Type of organization or individual

_Select from:_
##### ☑ Non-Governmental Organization (NGO) or charitable organization

#### (4.11.2.3) State the organization or position of individual

_World Cocoa Foundation: Indirect engagement includes providing feedback on sector guidance documents and input to find alignment on how best to implement legal_
_requirements related to Deforestation and Greenhouse Gas accounting for cocoa._

#### (4.11.2.5) Environmental issues relevant to the policies, laws, or regulations on which the organization or individual has taken a position

_Select all that apply_
##### ☑ Climate change

#### (4.11.2.6) Indicate whether your organization's position is consistent with the organization or individual you engage with

_Select from:_
##### ☑ Consistent

#### (4.11.2.7) Indicate whether your organization attempted to influence the organization or individual's position in the reporting year

_Select from:_
##### ☑ No, we did not attempt to influence their position

#### position, and any actions taken to influence their position

_The World Cocoa Foundation (WCF) mission is to catalyze public-private action to accelerate cocoa sustainability. It champions multi-stakeholder partnerships,_
_aligned public and private investment, policy dialogue, and joint learning and knowledge sharing to achieve transformative change in the cocoa supply chain. As part_
_of this, the WCF and its members are committed to ending cocoa-related deforestation and taking climate action. The WCF's Cocoa & Forests Initiative (CFI) was_
_launched at the 2017 UN Climate Change Conference (COP 23). CFI joins the governments of Côte d'Ivoire and Ghana and 35 leading cocoa and chocolate_
_companies, representing 85% of global cocoa usage, to end deforestation and restore forest areas. Their combined actions play a crucial role in sequestering carbon_
_stocks in West African forests and addressing climate change, in line with the Paris Climate Agreement. Lindt & Sprüngli has been a member of the WCF since 2015_
_and regularly supports specific projects and initiatives of the organization, including the Cocoa & Forest Initiative to end deforestation and restore forest areas. The_
_Vice-Chairman of the Board of Directors of Lindt & Sprüngli serves as a WCF board member._

#### (4.11.2.9) Funding figure your organization provided to this organization or individual in the reporting year (currency)

_61000_

#### (4.11.2.10) Describe the aim of this funding and how it could influence policy, law or regulation that may impact the environment

_Lindt & Sprüngli has been a member of WCF since 2015, and regularly supports specific projects and initiatives of the organization, including the Cocoa & Forests_
_Initiative (CFI) to end deforestation and restore forest areas._

#### (4.11.2.11) Indicate if you have evaluated whether your organization's engagement is aligned with global environmental treaties or policy goals

_Select from:_
##### ☑ Yes, we have evaluated, and it is aligned

#### (4.11.2.12) Global environmental treaties or policy goals aligned with your organization's engagement on policy, law or regulation

_Select all that apply_
##### ☑ Paris Agreement

#### Row 2

_Select from:_
##### ☑ Indirect engagement via other intermediary organization or individual

#### (4.11.2.2) Type of organization or individual

_Select from:_
##### ☑ Non-Governmental Organization (NGO) or charitable organization

#### (4.11.2.3) State the organization or position of individual

_World Cocoa Foundation and SWISSCO: Indirect engagement includes providing feedback on sector guidance documents and input to find alignment on how best to_
_implement legal requirements related to Deforestation and Greenhouse Gas accounting for cocoa._

#### (4.11.2.5) Environmental issues relevant to the policies, laws, or regulations on which the organization or individual has taken a position

_Select all that apply_
##### ☑ Climate change

#### (4.11.2.6) Indicate whether your organization's position is consistent with the organization or individual you engage with

_Select from:_
##### ☑ Consistent

#### (4.11.2.7) Indicate whether your organization attempted to influence the organization or individual's position in the reporting year

_Select from:_
##### ☑ No, we did not attempt to influence their position

#### (4.11.2.8) Describe how your organization's position is consistent with or differs from the organization or individual's position, and any actions taken to influence their position

_collaboration between the cocoa and chocolate industry, the public sector, non governmental organizations, and research institutes. Together, ISCO members_
_actively engage on topics including improving the living conditions of cocoa farmers, protecting natural resources, and promoting biodiversity in cocoa producing_
_countries. Lindt & Sprüngli (Switzerland) AG and the Lindt Cocoa Foundation have been active members of The Swiss Platform for Sustainable Cocoa (SWISSCO)_
_since its foundation in January 2018, including participating in its working groups; and of the German Platform for Sustainable Cocoa (GISCO) (through_
_Chocoladefabriken Lindt & Sprüngli GmbH) since 201_

#### (4.11.2.9) Funding figure your organization provided to this organization or individual in the reporting year (currency)

_2000_

#### (4.11.2.10) Describe the aim of this funding and how it could influence policy, law or regulation that may impact the environment

_Lindt & Sprüngli (Switzerland) AG and the Lindt Cocoa Foundation have been active members of The Swiss Platform for Sustainable Cocoa (SWISSCO) since its_
_foundation in January 2018. SWISSCO brings together Swiss chocolate manufacturers, cocoa traders, food retailers, the federal government, represented by the_
_State Secretariat for Economic Affairs (SECO), non-profit organizations and research institutions. Each member of the Cocoa Platform is committed to more_
_sustainability in the cocoa value chain by taking individual responsibility and action. The Platform also facilitates aligned action to develop and implement best_
_practices and projects in cocoa-growing countries, measure and report on progress and engage in international collaboration and ongoing dialogue with the_
_authorities and organizations in the growing countries._

#### (4.11.2.11) Indicate if you have evaluated whether your organization's engagement is aligned with global environmental treaties or policy goals

_Select from:_
##### ☑ Yes, we have evaluated, and it is aligned

#### (4.11.2.12) Global environmental treaties or policy goals aligned with your organization's engagement on policy, law or regulation

_Select all that apply_
##### ☑ Paris Agreement

Based on our size, global presence, and the nature of our business, we participate in select industry groups, membership associations and multi-stakeholder initiatives at Group and local level. Selectively we may engage in debates of legitimate interest to us either directly or through trade associations. The company does not use corporate funds for the express purpose of political campaign contributions. To learn more about the organizations in which we participate to discuss universal sustainability challenges and help create broader change, or to learn more about the associations which represent our most significant financial contributions and/or participation in projects or leadership roles, please visit our Memberships & Partnerships page.

Given our size, global presence, and the nature of our business, we also participate in select industry groups, membership associations and multi-stakeholder initiatives at the Group or local level. In general, we do not participate directly in political activities but may engage in debates of legitimate interest to us through trade associations. Accordingly, the company does not use corporate funds for the express purpose of political advocacy, lobbying, or campaign contributions. [...] Issues related to sustainability are dealt with by the highest level of the company, including the Board of Directors and Group Management. In 2022, our Sustainability Committee of the Board consisted of three Board members. As of April 28, 2022, Dr Dieter Weisskopf joined the Sustainability Committee and was appointed its Chair. He replaced Dr Rudolf K. Sprüngli as Chair and member of the Sustainability Committee. Dr Weisskopf, who retired as CEO of Lindt & Sprüngli in 2022, brings additional sustainability expertise to the Committee and to the Board. In his former role as CFO, he initiated and oversaw the establishment of the Lindt & Sprüngli Farming Program for cocoa and was the executive responsible for overseeing corporate sustainability. Under his leadership as CEO, the Sustainability Plan was established and sustainability was further integrated into our business strategy. [...] The Sustainability Committee of the Board guides the Board in setting the strategic direction and sustainability targets for company activities, aligning financial interest, business strengths, as well as social and environmental interests. This includes overseeing material and salient social and environmental impacts, including but not limited to climate change, human rights, responsible sourcing, and employee matters such as diversity and well-being. The Committee regularly discusses how such issues affect financial performance and how the company's long-term strategy relates to its ability to create shared value, including with regard to the company's significant stakeholders and their relevant interest. In turn, they guide the integration of sustainability into company strategy and recommend material sustainability objectives for approval to the Board. [...] Group Management, represented by the CFO, is responsible for ensuring that the Board's strategic sustainability decisions are implemented. The CFO oversees and guides the management of sustainability matters, strategies, and targets; approves all major disclosures; participates in the review and approval of updates to the Sustainability Plan (within Board approvals); and presents all official sustainability policies and reporting for approval by the Sustainability Committee and/or the Board.

Sustainability is a core component of our business strategy. Reflecting the importance we attach to this, the Group's top management – including the Board of Directors and Group Management – deals with matters related to sustainability, and has already been reviewing future priorities related to our sustainability strategy. Since most of our targets come to completion at the end of 2025, we are currently evaluating how to further develop and strengthen our approach, with the objective of defining a clear path for the years beyond 2025. [...] The Sustainability Committee of the Board guides the Board in setting the strategic direction and sustainability targets for company activities, as well as in aligning financial interests, business strengths, and social and environmental interests. This includes overseeing our material and salient social and environmental impacts, including, but not limited to, climate change, business ethics and integrity, human rights, responsible sourcing, and employee matters such as inclusion and wellbeing. The Committee regularly discusses the effect of such issues on financial performance and on the ability of the Group's long-term strategy to create shared value, also with regard to the interests of key stakeholders. In turn, it guides the integration of sustainability into Group strategy and recommends material sustainability objectives for approval by the Board. [...] Further, the Compensation & Nomination Committee and the Audit Committee of the Board govern, guide, and approve different elements of sustainability. The Audit Committee reviews non-financial reports and assurance conclusion, whereas the Compensation & Nomination Committee oversees integration of sustainability into executive compensation. For further information, see our Committee Charters.

In general, we do not participate directly in political activities but may engage in debates of legitimate interest to us through trade associations. [...] At Lindt & Sprüngli, all issues related to sustainability are dealt with by the highest level of management. Our Corporate Sustainability Committee consists of three members of the Board of Directors. It supports the Board of Directors in setting the strategic course for company activities, while promoting comprehensive sustainability management. The Committee is responsible for the development and adoption of all globally valid corporate policies in this area, as well as for compliance monitoring. It meets as often as required, but at least once a year. Group Management, represented by the CFO, is responsible for ensuring that strategic sustainability decisions are implemented. The cross-functional Sustainability Executive Team, supported by the Corporate Sustainability department, meets every two to three months and is responsible for steering the implementation of our Sustainability Plan. Furthermore, each Lindt & Sprüngli subsidiary designates one employee to also serve as a sustainability representative, helping to ensure end-to-end communication between the Group and the respective subsidiary, in addition to staff who are responsible for integrating sustainability throughout the business.

#### (4.11) In the reporting year, did your organization engage in activities that could directly or indirectly influence policy, law, or regulation that may (positively or negatively) impact the environment?

(4.11.1) External engagement activities that could directly or indirectly influence policy, law, or regulation that may impact the environment

##### ☑ Yes, we engaged indirectly through, and/or provided financial or in-kind support to a trade association or other intermediary organization or individual
###### whose activities could influence policy, law, or regulation

#### (4.11.2) Indicate whether your organization has a public commitment or position statement to conduct your engagement activities in line with global environmental treaties or policy goals

_Select from:_
##### ☑ Yes, we have a public commitment or position statement in line with global environmental treaties or policy goals

#### (4.11.3) Global environmental treaties or policy goals in line with public commitment or position statement

_Select all that apply_
##### ☑ Paris Agreement

#### (4.11.4) Attach commitment or position statement

_roadmap-to-net-zero.pdf_

#### (4.11.5) Indicate whether your organization is registered on a transparency register

_Select from:_
##### ☑ No

#### (4.11.8) Describe the process your organization has in place to ensure that your external engagement activities are consistent with your environmental commitments and/or transition plan

_Based on our size, global presence, and the nature of our business, we participate in select industry groups, membership associations and multi-stakeholder_
_initiatives at Group or local level. Selectively we may engage in political debates of legitimate interest to us either directly or through trade associations. The company_
_does not use corporate funds for the express purpose of political campaign contributions_

_[Fixed row]_

#### (4.11.2) Provide details of your indirect engagement on policy, law, or regulation that may (positively or negatively) impact the environment through trade associations or other intermediary organizations or individuals in the reporting year.

#### (4.11.2.1) Type of indirect engagement

_Select from:_
##### ☑ Indirect engagement via other intermediary organization or individual

#### (4.11.2.2) Type of organization or individual

_Select from:_
##### ☑ Non-Governmental Organization (NGO) or charitable organization

#### (4.11.2.3) State the organization or position of individual

_World Cocoa Foundation: Indirect engagement includes providing feedback on sector guidance documents and input to find alignment on how best to implement legal_
_requirements related to Deforestation and Greenhouse Gas accounting for cocoa._

#### (4.11.2.5) Environmental issues relevant to the policies, laws, or regulations on which the organization or individual has taken a position

_Select all that apply_
##### ☑ Climate change

#### (4.11.2.6) Indicate whether your organization's position is consistent with the organization or individual you engage with

_Select from:_
##### ☑ Consistent

#### (4.11.2.7) Indicate whether your organization attempted to influence the organization or individual's position in the reporting year

_Select from:_
##### ☑ No, we did not attempt to influence their position

#### position, and any actions taken to influence their position

_The World Cocoa Foundation (WCF) mission is to catalyze public-private action to accelerate cocoa sustainability. It champions multi-stakeholder partnerships,_
_aligned public and private investment, policy dialogue, and joint learning and knowledge sharing to achieve transformative change in the cocoa supply chain. As part_
_of this, the WCF and its members are committed to ending cocoa-related deforestation and taking climate action. The WCF's Cocoa & Forests Initiative (CFI) was_
_launched at the 2017 UN Climate Change Conference (COP 23). CFI joins the governments of Côte d'Ivoire and Ghana and 35 leading cocoa and chocolate_
_companies, representing 85% of global cocoa usage, to end deforestation and restore forest areas. Their combined actions play a crucial role in sequestering carbon_
_stocks in West African forests and addressing climate change, in line with the Paris Climate Agreement. Lindt & Sprüngli has been a member of the WCF since 2015_
_and regularly supports specific projects and initiatives of the organization, including the Cocoa & Forest Initiative to end deforestation and restore forest areas. The_
_Vice-Chairman of the Board of Directors of Lindt & Sprüngli serves as a WCF board member._

#### (4.11.2.9) Funding figure your organization provided to this organization or individual in the reporting year (currency)

_61000_

#### (4.11.2.10) Describe the aim of this funding and how it could influence policy, law or regulation that may impact the environment

_Lindt & Sprüngli has been a member of WCF since 2015, and regularly supports specific projects and initiatives of the organization, including the Cocoa & Forests_
_Initiative (CFI) to end deforestation and restore forest areas._

#### (4.11.2.11) Indicate if you have evaluated whether your organization's engagement is aligned with global environmental treaties or policy goals

_Select from:_
##### ☑ Yes, we have evaluated, and it is aligned

#### (4.11.2.12) Global environmental treaties or policy goals aligned with your organization's engagement on policy, law or regulation

_Select all that apply_
##### ☑ Paris Agreement

#### Row 2

_Select from:_
##### ☑ Indirect engagement via other intermediary organization or individual

#### (4.11.2.2) Type of organization or individual

_Select from:_
##### ☑ Non-Governmental Organization (NGO) or charitable organization

#### (4.11.2.3) State the organization or position of individual

_World Cocoa Foundation and SWISSCO: Indirect engagement includes providing feedback on sector guidance documents and input to find alignment on how best to_
_implement legal requirements related to Deforestation and Greenhouse Gas accounting for cocoa._

#### (4.11.2.5) Environmental issues relevant to the policies, laws, or regulations on which the organization or individual has taken a position

_Select all that apply_
##### ☑ Climate change

#### (4.11.2.6) Indicate whether your organization's position is consistent with the organization or individual you engage with

_Select from:_
##### ☑ Consistent

#### (4.11.2.7) Indicate whether your organization attempted to influence the organization or individual's position in the reporting year

_Select from:_
##### ☑ No, we did not attempt to influence their position

#### (4.11.2.8) Describe how your organization's position is consistent with or differs from the organization or individual's position, and any actions taken to influence their position

_collaboration between the cocoa and chocolate industry, the public sector, non governmental organizations, and research institutes. Together, ISCO members_
_actively engage on topics including improving the living conditions of cocoa farmers, protecting natural resources, and promoting biodiversity in cocoa producing_
_countries. Lindt & Sprüngli (Switzerland) AG and the Lindt Cocoa Foundation have been active members of The Swiss Platform for Sustainable Cocoa (SWISSCO)_
_since its foundation in January 2018, including participating in its working groups; and of the German Platform for Sustainable Cocoa (GISCO) (through_
_Chocoladefabriken Lindt & Sprüngli GmbH) since 201_

#### (4.11.2.9) Funding figure your organization provided to this organization or individual in the reporting year (currency)

_2000_

#### (4.11.2.10) Describe the aim of this funding and how it could influence policy, law or regulation that may impact the environment

_Lindt & Sprüngli (Switzerland) AG and the Lindt Cocoa Foundation have been active members of The Swiss Platform for Sustainable Cocoa (SWISSCO) since its_
_foundation in January 2018. SWISSCO brings together Swiss chocolate manufacturers, cocoa traders, food retailers, the federal government, represented by the_
_State Secretariat for Economic Affairs (SECO), non-profit organizations and research institutions. Each member of the Cocoa Platform is committed to more_
_sustainability in the cocoa value chain by taking individual responsibility and action. The Platform also facilitates aligned action to develop and implement best_
_practices and projects in cocoa-growing countries, measure and report on progress and engage in international collaboration and ongoing dialogue with the_
_authorities and organizations in the growing countries._

#### (4.11.2.11) Indicate if you have evaluated whether your organization's engagement is aligned with global environmental treaties or policy goals

_Select from:_
##### ☑ Yes, we have evaluated, and it is aligned

#### (4.11.2.12) Global environmental treaties or policy goals aligned with your organization's engagement on policy, law or regulation

_Select all that apply_
##### ☑ Paris Agreement

Governments Lindt & Sprüngli does not actively lobby governments. However, Group companies are members of several local industry associations which may lobby on behalf of their members. Governments are increasingly setting new laws and regulations relating to environmental protection, social standards, human rights and non-financial disclosures in addition to becoming increasingly important advisors and supporters of sustainability projects.

## Governance

Group Procurement shall be responsible for guiding the company's Deforestation Due Diligence strategy, driving its implementation, and supporting efforts to embed it in our supply chain. The Group Sustainability department shall oversee this policy, guide appropriate implementation plans and actions in response to Deforestation risks and review the performance. The CFO, in the capacity as the Group Management member responsible for sustainability, shall provide executive oversight and liaise with the CEO and other members of Group Management. Ultimate oversight for sustainability resides with our Board of Directors, represented by the Corporate Sustainability Committee.

Dr. Adalbert Lechner
CEO, Lindt & Sprüngli

Approved by the CEO, Group Management and the Board of Directors, June 2023
While local language translations may be made, the original English version will remain the only official version.
This policy will be reviewed and revised as needed every two years.

The Sustainability Report 2024 was prepared by the relevant subject matter experts and the Sustainability Leadership team, reviewed by the CEO and Executive Sustainability Committee of Group Management (see Governance chapter), and approved by the Board of Directors. [...] The Audit Committee monitors the financial and non-financial reporting process. With regard to the Sustainability Report, the Sustainability and Audit Committees assess the accuracy, completeness and compliance of sustainability-related financial and non-financial disclosures, which are subject to an audit or external limited assurance, and provide recommendations with regard to approval by the Board.