Sustainability Report 2025 Our understanding of sustainability is based on the fundamental strategic orientation of our company, which is to preserve Blum as a stable employer with a long-term future while maintaining its autonomy and independence at all times. These values date back to our founder, Julius Blum, and have remained unchanged ever since. As a company with a long-term perspective, we focus not only on the here and now but also look to the future. We consider the impact of our actions and we are keenly aware of the economic, social and environmental responsibility that comes with it. That is why we see sustainability as the overall balance between economic stability, social harmony and environmental awareness. The sustainability measures we implement (and which are described in this report) reflect this mindset. In addition to products, resources, infrastructure, energy supply and logistics, they also address issues such as equality, the working environment and the training of young people. We are continuously implementing initiatives in all these areas to increase sustainability in line with our principles and economic conditions. The latter currently present us with numerous challenges, be it the volatile geopolitical situation, periodic upheavals in international trade relations or EU regulations such as CBAM and ETS, which, although we consider their original objectives to be reasonable, place us at a massive competitive disadvantage in their current form. However, economic success is an essential prerequisite for sustainable action. At the end of the day, it is also a matter of safeguarding Europe's long-term future as a business location as well as creating the social structures that enable us all to actively work towards a better future. It is our responsibility today to leave behind an environment worth living in for the generations of tomorrow. This requires a great deal of flexibility, the courage to embrace new ideas and a clear commitment not only from the business community, but also from politicians. Only if we all work together at both regional and national level to pursue common, realistic goals can we achieve something special. This has been our goal for decades and will remain so in the years to come. Foreword from the Managing Directors Martin Blum Philipp Blum 5
RkJQdWJsaXNoZXIy