IBERSOL • 2023 Integrated Management Report

STRATEGIC FRAMEWORK Environmental The food sector, and the catering sector in particular, will continue to be particularly affected by new EU environmental legislation in the coming years. Legislative measures aimed at reducing single-use packaging and moving towards a circular economy continue to be published, with an impact on operations and product. These guidelines tend to ma- terialise in two ways: • Regulation to minimise packaging consumption and promote the availability of reusable utensils; • Regulation to establish criteria for the incorporation of recycled and recyclable materials, including measures to mark packaging and identify the appropriate destination, namely the recycling centre where the packaging waste should be placed. Some specific measures represent a challenge for our business mod- el and for the way the value chains in which we operate work, which will have to be adjusted so that we can comply with the new national and European legal requirements coming into force over the next few years. In Portugal, two pieces of legislation with a direct impact on the sec- tor stand out: 1 - Decree-Law amending the Unified Regime for Specific Waste Streams with an impact on waste management, landfill and man- agement of specific waste streams. It should be noted that this law provides operational guidelines for the application of the Deposit and Refund System (SDR) for plastic and metal beverage packag- ing. In addition, this decree-law takes into account the increased costs of selective collection and all the costs that have an impact on the end of life of packaging. Regulatory Context 32