Letter from our CEO As we re昀氀ect on the past year, there’s no denying I’m incredibly proud that our brands have pioneered 3 that 2022 presented our teams with unprecedented bold moments in 2022. Speedo’s Swim United initiative challenges. From the continuing impact of COVID campaigned for children to 昀椀nd joy in the pool while to an ongoing climate emergency and the escalating learning a life-saving skill. Berghaus launched its free cost of living crisis, we faced obstacles that tested repairs service, Repairhaus, which recognises that one our resilience and determination. But, driven by our of the best things we can do to give products a second purpose to pioneer brands that make life better, we life is mend and repair our garments. Another highlight achieved remarkable milestones that demonstrated was Kickers’ vegan footwear launch. Priced the same the immense value of our people and brands. as its leather products, this shows how our brands can in昀氀uence the planet positively. We made strong progress in our 100-1-0 sustainability This commitment extends beyond our organisation, as goals. Launched in November 2021, we’re aiming to help Last year also marked 20 years of Design Pool, our we actively participate in and contribute to many global 100 million consumers live positive, active, sustainable in-house design internship programme that has industry groups and organisations. By working with lifestyles, improve the lives of one million people in our supported over 200 young creatives. others, we can push change further. We choose not to communities and become a net zero business by 2032. work in isolation, and our positive business actions align It’s our incredible people and culture that sustain with the United Nations’ Sustainable Development Goals. In 2022, we helped 19 million consumers and improved our business ambitions. When faced with challenges, the lives of 190,000 people in our communities. We have trusting the capabilities and competency of the brilliant Despite some tough challenges in 2022, teamwork, also signed up to the Science Based Targets initiative people in our organisation has seen us through. We’re resilience and agility were key to unlocking some (SBTi), committing to creating a clear carbon reduction uncompromising in our high standards, focused on doing incredible achievements for Pentland Brands. Looking roadmap to reach net zero. Internally, our sustainability the right thing for our people, planet and partners, and ahead, we remain committed to learning and evolving goals are now an important part of our overall business resolute in our ambition to create a successful business to make an even greater impact. strategy, with our annual employee bonus only being for the long term. paid if we achieve yearly targets against our sustainability goals. As a family business, our culture continues to be anchored in values of trust, compassion and working Chirag Patel together to make a better Pentland. CEO, Pentland Brands