38 Across our brands, were working towards integrating packaging solutions that use more recycled materials and lessen the amount of virgin plastic. We also continue to look at our brands packaging journey and shifting packaging solutions to smarter options. Some progress from this past year include: Recycled transit packaging Canterbury undertook trials for all packaging and transit packaging to switch to recycled and/or recyclable materials in 2023. Endura started using recycled bags for transit packaging and Speedo started packing products into its recycled bags at the end of 2022. Swing tags All swing tags used by Canterbury, Berghaus and Speedo are in Forest Stewardship Council (FSC) mixed packaging, which is a 100% recyclable. This means its made of a mixture of materials from FSC-certified forests, recycled materials, and/or FSC- controlled wood. Speedos goggle packaging Goggles are one of Speedos highest volume goods, meaning any reduction in single-use packaging or shift to recycled or recyclable materials can make a difference. Its Biofuse 2.0 goggles are packaged in 100% rPET cartons (Global Recycled Standard certified) and use fully recyclable fitments. Although some of Speedos other goggles are already packaged in 70% rPET material, its starting to switch these into this same pack as the Biofuse goggles. Speedo also changed its Biofuse goggle packs to a rectangle shape to fit more goggles into the outer box and switched the fitments from white to dark grey to improve the material quality for future recycling. These changes to its Biofuse goggles have reduced virgin plastic by 282 tonnes annually. By using fewer cardboard boxes during shipping, Speedo has also saved an equivalent of 278 trees. Speedo aims to eliminate all virgin plastic and for all plastic in its goggle packs to be 100% recycled by the end of 2023. *rPET is recycled polyethene terephthalate made of recycled PET that can come from either post-consumer or post-industrial sources. **This excludes Speedo North America Packaging