About this Report

The 2024 Aciturri Sustainability Report contains information on the company's economic, environmental, and social performance and results.

The 2024 Aciturri Sustainability Report contains information on the company's economic, environmental, and social performance and results. The report covers the period from January 1 to December 31, 2024, in line with the financial report, and it is the eighth annual report published since 2017.

Prepared using GRI standards, it complies with Law 11/2018 of December 28, which amends the Commercial Code and the revised text of the Capital Companies Act, approved by Royal Legislative Decree 1/2010 of July 2; Law 22/2015 of July 20 on Auditing; and the Non-Financial Reporting Directive. Therefore, it is also the company's Non-Financial Statements for 2024.

The Board of Directors approved the non-financial statements at its meeting on March 26, 2025. It will be made public after its presentation to the Commercial Registry, together with the annual accounts as of July 1, 2025.

The entities considered in preparing this document are Aciturri Aeronáutica, S.L.U.; Aciturri Aerostructures, S.L.U.; Aciturri Engineering, S.L.U.; Aciturri Aeroengines, S.L.U.; Aciturri Corporate, S.L.U.; and Alestis Aerospace, S.L.U. , Alestis Aerospace Services, S.L.U., Alestis do Brasil Indústria Aeroespacial Ltda., Malichaud Atlantique, S.A.S., and GOAM Industrie, S.A.R.L. Aciturri Aeronáutica, S.L.U., is the parent company of which the rest are wholly-owned subsidiaries.

Other companies linked to Aciturri Aeronáutica include: Caetano Aeronautic, S.A. (50% owned); Payload Aerospace, S.L. (12.77% owned); and Bound 4 Blue, S.L. (2.23% owned). These are all independent organizations in which Aciturri has no management involvement. Therefore, no information is included in this document.

This document concerning non-financial statements was presented as a separate agenda item for approval at the Board of Directors meeting on March 26, 2025. After its presentation at the Commercial Registry, it will be made public together with the annual accounts as of July 1, 2025.

The corporate organizational chart as of December 31, 2024, is as follows:

Cristina Jiménez Rivas, Head of Sustainability and Environment at Aciturri (This email address is being protected from spambots. You need JavaScript enabled to view it. ), is the contact person for any questions regarding this Report.

The most significant change in the organization's activities and value chain in relation to the 2023 Sustainability Report is the incorporation of the Casablanca (Morocco) work center. Similarly, in 2024, Alestis Aerospace was fully integrated into Aciturri in terms of both corporate structure and daily operations following the purchase of SEPI's stake. In fact, the Alestis Board of Directors was dissolved in March 2024.

This Sustainability Report (and those previously published by the company) is based on the results of a materiality analysis carried out according to the principles of stakeholder inclusion, sustainability context, materiality, and completeness. The starting point is the company's previous analyses regarding its stakeholders and their needs and expectations (Stakeholder Dialogue Model), as well as its commitments as a signatory of the United Nations Global Compact.

For the initial reporting exercise, a group of individuals was selected who acted on behalf of these stakeholders due to their ongoing dialogue with them. These individuals identified the economic, environmental, and social impacts and importance of each topic proposed in the GRI standards, including those related to human rights, as well as their influence on stakeholder assessments and decisions.

This analysis was completed for the 2020 Annual Report, incorporating the concept of risk management. Thus, the impact assessment (consequences by probability) was modified to include a value determined by the company's risk management for each issue.

Since then, the matrix has been reviewed annually from a risk management perspective.

The 2024 materiality matrix is shown in the image.