RAYWARE ESG STRATEGY

OUR GOALS FOR THE FUTURE Rayware has set short and long-term high level goals. The initial set up of the work required in order to meet these goals will be run as a project with input from team members across departments. Following project closure, annual reporting on progress will sit with the relevant team and will become business as usual.

Our high level strategic ESG goals include:

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Record and measure scope 1 and 2 carbon emissions by 2030 with the aim of reducing carbon footprint year on year.

By the end of 2023, conduct a deep dive into supply chain processes and policies to ensure robust practices and ongoing compliance with our expected standards.

To become accredited to B Corp standards or equivalent by the end of 2024.

Continuous operational improvement in relation to the three pillars.

To improve transparency around the social and governance pillars.

Within each of the high level goals, once we have kick-started initial discussions with the relevant teams, we plan to make these goals SMART (specific, measurable, achievable, relevant and time bound) so that we can measure and report on our success year on year to our key stakeholders.