Press Metal Annual Report 2024

Caring for the Planet Integrated Annual Report 2024 SECTION 5 • DELIVERING SUSTAINABLE VALUE FOR OUR STAKEHOLDERS 161 Our current product range under CYCAL™ includes CYCAL™ 50 and CYCAL™ 80, which contain 50% and 80% recycled aluminium content, respectively. By offering tailored low-carbon solutions, we support sustainability objectives while maintaining the strength and versatility of our products. Aside from CYCAL™, we have partnered with Sumitomo Corporation and Nandina REM to drive progress in low-carbon circular aviation materials for the EV industry. Securing Certificates for Recycled Aluminium Products To meet business needs and to capitalise on the increasing demand for sustainable materials in electronic goods, we secured certification for products incorporating recycled aluminium. In FYE2024, we obtained SCS Global Recycled Content certification for Aluminium Alloy Billet 6R05, an extrusion product containing at least 80% recycled aluminium alloy from both post-consumer and pre-consumer sources. With this addition, we now have four (4) extrusion products certified under SCS Global, reflecting our ongoing efforts toward sustainable aluminium production. As part of the Group’s strategic agenda, PMS and PMBA continued to expand on-site recycling capabilities, supporting the advancement of our sustainability targets and affirming our position in responsible aluminium production. In FYE2024, PMBA commenced operations of a second casting line at the Malaysian recycling facility, increasing annual processing capacity to 80,000 tonnes of post-consumer aluminium scrap. In response to the UK’s Plastic Packaging Tax, PMBA began transitioning plastic packaging to non-woven fabrics in FYE2022. This shift supported regulatory compliance while improving the recyclability of packaging materials. By FYE2023, all UK-bound orders were fully packaged using non-woven fabrics. In FYE2024, the procurement of non-woven materials rose by 53.8% when compared to the previous year, reflecting continued progress in embedding sustainable packaging solutions across the Group’s operations. Sustainable Aluminium Solutions Solidifying our position in sustainable aluminium solutions, CYCAL™, our low-carbon aluminium with recycled aluminium content from PMBA, was introduced in December FYE2024. The core values of CYCAL™ are: Providing customers with low-carbon options that balance product quality with reduced carbon emissions. Low-Carbon Solution for Aluminium Extrusion Promoting the advantages of recycled aluminium, enabling customers to gain a competitive edge in their industries. Value Beyond the Product Advancing a “closed-loop” circular economy by improving waste diversion and fostering customer partnerships in recycling initiatives. Circular Economy Leadership Leveraging aluminium’s recyclability to optimise its role in decarbonisation and support long-term sustainability goals. Commitment to Sustainability

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