We recognise the part we play in responding to the global climate emergency and our climate strategy includes commitments that align with the Paris Agreement.

In June 2023 we joined the Science Based Targets Initiative (SBTi), which defines and promotes best practices in science-based target setting. These targets will be refined and details will be submitted for validation and approval in December 2024 and then published externally.

Almac reports energy use at all sites through an annual Carbon Disclosure Project (CDP) submission. We will continue to use this to standardise reporting across all our operations.

To provide a strategic approach to environmental protection, we have implemented an Environmental Management System certified to the international standard ISO 14001. The scope of the system currently covers our operations in Craigavon and Charnwood in the UK, Dundalk and Athlone in the Republic of Ireland (ROI), and Singapore. Certification will be extended to our sites in The United States of America (US) in 2024

In the UK, EU and Singapore Almac’s sites are also now certified to ISO 50001, a globally recognised standard in energy management and conservation. Our UK and EU sites are currently undergoing recertification. This standard provides a framework of requirements for us to develop a policy for the more efficient use of energy and implementation will form a key part of our path to net zero emissions.

Decisive action will be required to achieve our commitments and will include changes in procurement and energy generation as well as the implementation of energy-saving initiatives. A review of all sites is underway as we consider options for renewable sources such as onsite generation or the use of Power Purchase Agreements (PPAs). In 2024, we agreed a 15-year virtual power purchase agreement (VPPA) with renewable energy provider, NTR plc to source electricity generated from a newly constructed windfarm located in Co. Tyrone, Northern Ireland.

This agreement will reduce carbon emissions from electricity at our Craigavon headquarters by 95%.

By 2030, we are aiming to have over 80% of our power coming from renewable sources.

As part of our Climate Action Plan, we have joined the Energize programme. Energize is a collaborative and educational project to identify opportunities for Power Purchase Agreements (PPAs) for the pharmaceutical industry.

Based on analysis of our internal data, we estimate 79% of our emissions are generated in our supply chain. In 2023 we initiated a project to start collecting and tracking Scope 3 emission data across all categories in our supply chain.

We will engage with our supply chain by issuing a sustainability questionnaire.

Once we establish a baseline we will:

• Engage with strategic vendors to understand their carbon reduction targets and manage alignment with Almac’s net zero commitment
• Encourage these strategic vendors to engage with SBTi to verify these targets

NB: Strategic vendors are defined as those over a certain level of spend with Almac.