Sustainability Report We Believe That Sustainability Can Only Be Successful When It Is Understood As a Shared Responsibility

Home , Aurubis

We can only be successful together. How we integrate sustainability principles in our corporate control and our growth (p. ) How we continue improving our products and production (p. ) How we assume responsibility for environmental and climate protection in our company (p. ) How we view our role as an employer (p. ) Where we see the roots of our social commitment (p. )

Sustainability Report We believe that sustainability can only be successful when it is understood as a shared responsibility.

In this report, you can read about the objectives and focuses of our work in the past two years and the successes we achieved in the process.

on the topics presented here is available in various media and In order to ensure comparability and publications. We have placed references labelled with the following transparency, this report is oriented towards symbols in the relevant parts: the Global Reporting Initiative guidelines Reference to an external website ( p. ).

Reference to our website www.aurubis.com/en/ with the URL speciﬁ c to the topic We are open to questions, comments and

Reference to downloads on our website critique related to our Sustainability Report. www.aurubis.com/ﬁ leadmin/media/documents/en/ Our contact information is on page . with the URL speciﬁ c to the topic Reference to our Environmental Report Reference to our Annual Report / Reference to another part of this report

Furthermore, you can ﬁ nd additional information in the parts indicated with a . Our Group structure

Executive Board

Corporate Functions

Apart from the Business Units, cross-group administration and service sectors have been set up as “Corporate Functions”. These include:

» Corporate Energy Aﬀ airs » HR Corporate » Group Communications » Risk Management » Finance » IT » Legal Aﬀ airs/ » Environmental Protection » Research & Development » Investor Relations Corporate Governance » Central Procurement

Business Units

Primary Copper Recycling/Precious Metals Copper Products

Aurubis AG

Aurubis Belgium n.v./s.a. Cablo Metall-Recycling & Handel GmbH Aurubis Buﬀ alo, Inc.

Aurubis Bulgaria AD E. R. N. Elektro-Recycling NORD GmbH Aurubis Finland Oy

Peute Baustoﬀ GmbH C. M. R. International n. v./s. a. Aurubis Italia S. R. L.

RETORTE GmbH Selenium Chemicals & Metals Aurubis Metal Products (Shanghai) Co., Ltd.

Aurubis Netherlands BV

Aurubis Slovakia s. r. o.

Aurubis Stolberg GmbH & Co.KG

Aurubis Sweden AB

Aurubis Switzerland S. A. BU Copper Products also has an extensive service and sales system for copper products in Europe, Asia and North America. Aurubis UK Ltd. holding until Dec.

Holding in the subsidiary in percent; where not Deutsche Giessdraht GmbH otherwise indicated:

Because of the dramatic changes in the global solar Aurubis Mortara S. p. A. market, including a drastic ongoing price decline and Further information about our company transfers of production to Asia, the development of structure and our subsidiaries and holdings our own batch production in Germany was no longer can be found under “Aﬃ liated Companies” Schwermetall Halbzeugwerk GmbH & Co. KG cost-effective. Following an unsuccessful search for an at the top of the homepage and at: investor for the construction of a production facility, /corporate-group/group-structure/ research was discontinued on December . CIS Solartechnik GmbH & Co. KG business-units/ You can ﬁ nd more information in our Environmental Status: December Report p. . Our sites

Aurubis Group Sites in the Aurubis Group’s sites Employees new Business Line Flat Rolled Products & Specialty Wire Employees total , Hamburg, headquarters (D) , Pori (FI) Västerås (SE) Hamburg, CIS Solartechnik St. Petersburg (RU) Hamburg, E. R. N. (D) Finspång (SE) Hamburg, Peute Baustoﬀ (D) Tokyo (JP) Fehrbellin, Cablo (D) Yokohama (JP) Smethwick / Birmingham (UK) Beijing (CN) Olen (B) Seoul (KR) Emmerich, Orpington (GB) Deutsche Giessdraht (D) Shanghai (CN) Lünen (D) Chicago (US) Röthenbach, RETORTE (D) Buﬀ alo (US) Antwerp, C. M. R. (B) Zutphen (NL) Stolberg (D) Neuss (DE) Stolberg, Schwermetall (D) Lyon / Septème (FR) Nersingen, Strass, Cablo (D) Mortara (I) Dolný Kubín (SK) Taipei (TW) Brussels (B) Hong Kong (CN) Yverdon-les-Bains (CH) Madrid (ES) Pirdop (BG) Bangkok (TH) Istanbul (TR) Ho Chi Minh City (VN) Avellino (I) Singapore (SG)

Raw materials Copper products By-products Services Concentrates Cathodes Precious metals Service Centres Recycling material Continuous cast wire rod Sulphuric acid Sales oﬃ ces Continuous cast shapes Iron silicate stone/sand Trade Strips/foils Other metals and products Specialty rod/proﬁ les, shaped wire

holding holding until December Non-consolidated company holding Status: September For us, “together” means improving at all of our sites with our colleagues – with our products, in occupational safety and environmental protection and in our corporate culture and management.

What we have achieved so far in ﬁ gures:

We produce about . million tonnes of copper products annually.

Our copper cathodes contain at least . copper – this high purity enables the excellent quality of our products.

We have invested > € million in environmental protection measures since .

, employees currently work at Aurubis in over countries on three continents.

Our quota of apprenticeships is in Germany – we are proud of this fact.

Aurubis company portrait An overview of sustainability

Corporate control Our company in ﬁ gures

Product responsibility Our products in ﬁ gures and graphics

Environmental protection Our environmental protection achievements in ﬁ gures

Responsibility for our employees Our personnel in ﬁ gures

Social responsibility Examples of our social commitment

External prizes and distinctions Glossary GRI Index About this report Contact information Dear readers,

Our third Sustainability Report, “Together”, takes the expanded Aurubis Group into account, which has grown due to the acquisition of Luvata’s Rolled Products Division (Luvata RPD). I am pleased to present this report to you, in which we provide updates about group-wide sustainability achievements in the ﬁ scal years / and /. The sites of the former Luvata RPD have not yet been assessed by means of the Global Reporting Initiative (GRI) performance indicators.

Aurubis is a leading integrated, internationally active copper group and the largest copper recycler worldwide. We have worked in a success-oriented manner since the beginning. Sustainable conduct and economic activity are central components of the corporate strategy. We know from our more than years of experience that the economy, environmental protection and social aﬀ airs are closely related. Further development of the company, improvement and growth are only possible if we view responsibility as the basis for them. Apart from appreciation, performance, integrity and mutability, responsibility is one of our ﬁ ve corporate values.

Since ﬁ scal year /, the Group has been confronted with a number of challenges that it still faces even today. The eﬀ ects of increasingly volatile markets that we deal with as an energy-intensive and raw material-intensive company in Europe, the acquisition and integration of the former Luvata Rolled Products Division in , which led to the new Business Line Flat Rolled Products & Specialty Wire and added , employees to the Group, should be mentioned in particular. In the meantime, about , employees work for Aurubis worldwide.

There are some uncertainties in the forecast for the current ﬁ scal year /. In the key market of copper and other metal markets, a great deal speaks in favour of ongoing high metal prices despite economic doubts. Price volatility is to be expected, however. We anticipate some uncertainty in the future demand for and sales of our copper products. We expect a good supply of copper concentrates, though negative impacts due to production disruptions in the mines are still possible. The supply of copper scrap is subject to factors that can have an immediate eﬀ ect and it can therefore change rapidly. With high copper prices and low Chinese buying activities, however, the chances for continuing satisfactory availability are good.

Environmental protection is a basic component of our corporate policy. We want to further strengthen our top international position in the expanded Group. We have achieved important milestones: common standards were defi ned which serve as the basis for developing environmental protection in the Group. We have harmonised our key fi gures in all sectors and across the sites. Key fi gures that are relevant for control purposes have been defi ned and are provided in consolidated form wherever possible. The objective is to be able to maintain the highest environmental protection standards and to ensure our own competitive advantage. For example, specifi c dust emissions in the Group’s copper production process have been reduced by over since owing to signifi cant investments in environmental protection and continuous improvements in plant technology.

Increasing demands and requirements in the fi eld of environmental protection present us with considerable challenges, however. In the meantime, environmentally friendly companies in Europe have to shoulder more and more additional burdens. German industry is currently at a clear disadvantage when it comes to electricity prices. New demands from the European Union not to compensate for the price of carbon credits, or only to do so partially, increase uncertainty for energy-intensive industries. Europe’s copper production sector is a world leader in energy effi ciency but cannot benefi t from this advantage since electricity prices in other parts of the world are in some cases much lower than in Europe. The limited progress that can still be achieved in further reducing CO₂ emissions requires capital expenditure that is growing disproportionately. Because of the uniform international prices set on the London Metal Exchange for its products, the non-ferrous metals industry, to which we belong, is not in a position to pass on additional local costs to its customers. Aside from economic damage, possible consequences also include global environmental eff ects through carbon leakage – that is, increased CO₂ emissions resulting from the relocation of production outside of Europe. At the same time, the energy turnaround needs non-ferrous metals: the use of renewable energies and the necessary grid expansion are based on the use of non-ferrous metals and, above all, copper. We are taking a stand for the importance of our products, also in cooperation with associations and company initiatives like “Metals pro Climate”.

AURUBIS SUSTAINABILITY REPORT Sustainability is about ﬁ nding a balance between ecological, economic and social responsibilities. However it appears that signiﬁ cant parts of society assign an over- riding importance to ecological considerations. From our own point of view, this will in the long term jeopardise the goal of a healthy, sustainable society.

Likewise, we accept the challenge of resource scarcity. About two-thirds of the Aurubis Group’s copper output come from copper concentrates and intermediate products from other smelters, while one-third comes from copper scrap and other recycling materials. The Group processes over , t of diff erent recycling materials into marketable products annually, thus making an important contribution to resource conservation. This is refl ected in the signifi cant capital expenditure at our recycling site in Lünen; about € million was spent only on environmental protection at this site from fi scal year / to /.

Recycling alone cannot cover the ever increasing demand for copper in Europe either, however; for the forseeable future, supply security will be ensured by processing primary raw materials such as copper ore concentrates. However, our high-tech recycling is in a position to make a decisive contribution to securing raw materials. We are the world’s largest copper recycler with the best available technology. When it comes to the topic of resource eﬃ ciency, we are also working together with associations to obtain appropriate basic conditions so that European industry’s competitive advantage is not weakened by trade limitations, a lack of uniform EU standards or illegal scrap exports to Third World countries. One example is the Raw Materials Task Force of the Economic Association for Metals in Germany (WirtschaftsVereinigung Metalle).

An important development for Aurubis during the reporting period was the acquisition of the former Luvata RPD – Aurubis now beneﬁ ts in the globally signiﬁ cant connector market in particular. I am very happy about how positively the integration teams in the Group have begun their work and how colleagues at new and old sites cooperate with one another. This illustrates again how vital issue-oriented dialogue is – with employees, customers, the community and society. Our integration newsletter “Plus” is contributing to this continuous exchange.

(picture at left, from l. to r.)

The Executive Board manages Aurubis AG and administers the company's business activities. It is committed to the company's interests. The members of the Executive Board are appointed by the Supervisory Board.

Dr Stefan Boel is responsible for Business Unit Copper Products. Dr Michael Landau oversees Business Unit Recycling/Precious Metals and is serving as the Director of Industrial Relations. Peter Willbrandt is responsible for Business Unit Primary Copper and Group Environmental Protection and was appointed Chief Executive Oﬃ cer on January . Erwin Faust is the Chief Financial Oﬃ cer.

Overall, we believe we are well positioned with our business model and look conﬁ dently to the next few years despite the somewhat diﬃ cult environment. When it comes to sustainability, we are aware that many of Aurubis’ activities are not yet fully appreciated by the general public. The next step for Aurubis will be to develop a summary sustainability strategy this year.

You are cordially invited to see Aurubis’ sustainability achievements for yourself. We also look forward to a dialogue with you. Simply contact us at [email protected].

Best regards

Peter Willbrandt Chief Executive Oﬃ cer January

AURUBIS SUSTAINABILITY REPORT Who we are, what we do

Copper is our passion. We have produced and recycled copper and copper products for years. Today, we are a leading integrated copper group and the largest copper recycler in the world.

Aurubis AG is one of the world’s leading integrated OUR BUSINESS MODEL copper groups with a strong foundation in Europe. Our business model unites metal production, recycling Our portfolio includes copper production, metal and processing under one roof. This provides us with recycling and copper product fabrication. With these great fl exibility in the management of raw material services, we are active in signifi cant parts of the value- procurement and production. We have a unique prod- added chain of the industrial metal, copper. The pro- uct and service range that is strongly oriented towards duction of precious metals and specialty products the demands of the market. We off er standard and completes our range of services. Aurubis has sixteen specialty product solutions as well as comprehensive production sites in eleven countries. An extensive services. sales and distribution network supports product sales in Europe, Asia and North America. Some , em- We produce our copper fi rst and foremost from copper ployees work for Aurubis worldwide. concentrates but also from other manufacturers' intermediate products, copper scrap and other recy- We are oriented towards sustainable growth and in- cling materials, including metal production residues creasing value: the main focuses of our strategy are and electronic scrap. A range of by-products are on strengthening the business, utilising growth oppor- also extracted and processed into products such as tunities and responsibility towards people, resources precious metals, by-metals such as lead, tin and sele- and the environment. nium, as well as sulphuric acid and iron silicate ( p. /). Aurubis shares are part of the Prime Standard Segment of the Deutsche Börse and are listed in the MDAX, the The copper cathodes produced at our sites in Hamburg, European Stoxx and the Global Challenges Index Lünen, Olen and Pirdop are of the highest quality, (GCX). even exceeding the requirements of the metal exchanges. We process most of the cathodes into copper products, but they can also be sold on the London Metal Exchange as well as to trade and industry. KEY ECONOMIC FIGURES IN FISCAL YEAR Copper price LME settlement: With the fabrication of a wide range of products, we increase value added and secure a broad clientele Our product range includes US ,/t (avg.) in the processing industry. The fact that we produce precision strips with very narrow our own cathodes provides a high degree of delivery tolerances and flat copper sheets Revenues: € , million for architectural uses. Find out reliability. Our main product is continuous cast wire more about our products starting rod which is used in cables, transformers, generators Operating EBT: € million on p. . Operating net consolidated income: and engines, etc., where its good conductivity ensures very eff ective energy conversion and transmission. € million Aside from this, we produce continuous cast shapes Settlement price: offi cial cash that serve as a primary product for foils, sheets, Capital expenditure: € million selling rate on the LME (London profi les, tubes and other products, as well as rolled Metal Exchange), the highest Income taxes: € million products in a variety of dimensions, qualities and selling and most signifi cant metal Personnel expenses: € million compositions which are often tailored to customer exchange in the world; the settle- requirements. ment price is the price basis in annual sales agreements. Data in accordance with IFRS Key to the symbols p.

Photos from our employee photo competition “Up close – my workplace at Aurubis”. Additional information on p. .

OUR GROUP STRUCTURE GROWTH THEN AND NOW The Aurubis Group is managed centrally from the cor- Aurubis AG was founded in Hamburg in under the porate and administrative headquarters in Hamburg, name “Norddeutsche Affi nerie AG” and was renamed where the main production facilities are also concen- as “Aurubis AG” as a result of a resolution passed at the trated. The Group structure is oriented towards the company’s Annual General Meeting on February value-added chain of copper. Three operating Business . Following various changes in the ownership struc- Units (BUs) form the Group’s organisational framework ture, an IPO was carried out in . Aurubis has been and provide the reporting basis. represented in the MDAX and in the Prime Standard of the German Stock Exchange since . Business Unit Primary Copper combines the facilities for copper concentrate processing and copper cathode The Group has grown in the past several years in par- production at the Hamburg and Pirdop sites as well as ticular as a result of acquisitions. The corporate base copper production at the Olen site. It also includes the has expanded considerably due to these acquisitions production and marketing of sulphuric acid, selenium and internal growth. and iron silicate. » On December , the majority interest was acquired in Hüttenwerke Kaiser AG, a company that Business Unit Recycling/Precious Metals comprises had specialised in copper recycling. It was amalga- the recycling activities in the Group and is responsible mated with the former Norddeutsche Affi nerie AG for the production of precious metals. The BU includes on October . The Lünen site is the Group’s the recycling centre in Lünen, the secondary smelter recycling centre. and precious metal production facilities in Hamburg » With the acquisition of Prymetall GmbH & Co. KG and companies and investments in connected business (now called Aurubis Stolberg) and its holding areas. in Schwermetall Halbzeugwerk GmbH & Co. KG in fi scal year /, Aurubis positioned itself Business Unit Copper Products consists of the group- further along the value-added chain and moved wide production and marketing of wire rod, continuous closer to the end customer markets. cast shapes, rolled products and specialty products. » Aurubis took over the European competitor Cumerio The main production sites are located in Europe, includ- in fi scal year /, thus taking the fi rst step ing Hamburg, Stolberg and Emmerich (Germany), Olen toward internationalising the Group. Cumerio was (Belgium), Zutphen (Netherlands), Finspång (Sweden), also active in copper production and processing Pori (Finland), Yverdon-les-Bains (Switzerland) and and had production sites in Belgium, Bulgaria, Italy Avellino (Italy). Outside of Europe, Aurubis produces and Switzerland. strip made of copper and copper alloys in Buff alo (USA). » The acquisition of the Luvata Group’s Rolled Service Centres in the United Kingdom, Slovakia, Italy Products Division (Luvata RPD) on September and the Netherlands and a global sales and distribution considerably strengthened and international- network complete the BU’s performance profi le. ised the product business once again. With the acquisition, Aurubis has additional production sites In addition, cross-group sectors support the operating in Buff alo (USA), Finspång (Sweden), Pori (Finland) divisions with their service and administrative functions. and Zutphen (Netherlands) as well as Service Cen- tres in Zutphen (Netherlands) and Mortara (Italy) and sales offi ces in the USA, Europe and several Asian countries (see inner front fl ap).

AURUBIS SUSTAINABILITY REPORT Our raw materials, our products: copper production and processing

Mines and Processors and secondary markets Copper production Copper processing end users

Iron silicate

Sulphuric acid Specialty proﬁ les Industries:

Construction Continuous cast Traﬃ c and Recycling material wire rod Electrical and electronic transportation applications Cathodes Industrial machines

Continuous cast and plants Concentrates shapes Consumer goods

Traﬃ c and transportation

By-metals Pre-rolled strip Strips/foils

Precious metals Shaped wire

Focusing on customers with high quality standards

for for ﬁ scal year / Source: Wood Mackenzie, Copper, December

Electrical and electronic Electrical and electronic applications applications Consumer goods Consumer goods

Traﬃ c and Traffic and transportation transportation Global copper demand Aurubis sales by industries by industries

Industrial machines and plants Construction Industrial machines Construction and plants

AURUBIS SUSTAINABILITY REPORT – overview

Fig. Fig.

June “Copper ” The world’s largest technical, scientifi c copper con- ference opens in Hamburg, supported by Aurubis. October Fig. June Aurubis Bulgaria opens “Aurubis Bulgaria ” September Fig. a new production facility New € . million capital Aurubis’ copper dragon at the Pirdop site. The expenditure programme May is featured at Hamburg expansion of the slag starts at the Pirdop site. Aurubis Hamburg City Hall for “China Time fl otation plant increased p. and p. , receives a distinction for ” the annual process slag exemplary occupational capacity at the site from June Fig. safety. September Fig. , t to about trainees from the The Hamburg site is ranked New Plant Entrance , t. February -Plus programme re- by the State Authority for South opens at Aurubis p. Air quality in Veddel ceive a certifi cate at Social Issues, Family, Lünen. continues to increase. Aurubis. Vice President Health and Consumer It is intended to be used for November Fig. Aurubis and the local of the Hamburg City Par- Protection in the highest recycling material deliver- Aurubis is confi rmed as environmental authority liament Barbara Duden category, “Company with ies and to transport prod- an environmental partner sign another environmental acknowledges the coopera- an exemplary occupational ucts from the plant in of “Hamburg European agreement in the Green tion between schools and health system”. some cases. Green Capital ” Capital year. Aurubis. p. and p. , p. p. and p. p. p.

Fig. Fig. Fig.

September Fig. Acquisition of the former Luvata Rolled Products Division is completed. June Fig. The progress of the inte- “The greenest company in gration is reported in the Bulgaria”. Aurubis Bul- monthly newsletter “Plus” garia is awarded a prize for ( issues, from September the category “Industry and to January ). The manufacturing sector” for employee magazine “CU” October Fig. October its commitment to environ- is published in nine lan- VT Aurubis Hamburg is Aurubis invests in a new mental protection in . guages starting in October fi red up for the new sea- training centre in Lünen p. and p. , . son with the target of p. p. , , making it to the champi- July July onship semi-fi nals. First December Technical innovation in Aurubis offi cially launch- September Fig. match at the new “CU Groundbreaking ceremo- precious metal recovery es KRS-Plus facilities Offi cial inauguration of Arena” court in December. ny for a turbine to pro- reduces energy demand p. , and p. the storage hall at the p. duce electricity from for drying anode slime northern plant by Jutta waste heat at Aurubis. by up to and CO₂ August Fig. Blankau (Senator for Savings of , t of CO₂ emissions by t annu- Apprentice training Urban Development and emissions annually.

ally. The German Federal starts at the Aurubis sites the Environment) and public-relations/ Minister for the Environ- in Hamburg and Lünen Dr Bernd Drouven press-releases-news/ ment supports processes (Chief Executive Oﬃ cer at the Hamburg site with September until December ) December Fig. € ,. The new Environmental p. Information centre opens public-relations/ Report is published public-relations/ in Pirdop, Bulgaria press-releases-news/ p. press-releases-news/ p. Fig. Fig. Fig.

AURUBIS SUSTAINABILITY REPORT CORPORATE CONTROL How we integrate sustainability principles in our corporate control and our growth

A decisive step on our way to becoming the world’s leading integrated copper group

In we clearly deﬁ ned the future strategy for the Sustainability is the foundation of our corporate expanded company in a comprehensive development development. process following the integration of Cumerio. With In both our daily operating business and the implemen- the acquisition of the Luvata Group’s Rolled Products tation of long-term strategic initiatives, we are oriented Division in September , we took a decisive step equally towards the three principles of responsibility, towards implementing this strategic target. improvement and growth.

In short, our strategy is to generate the highest value We rely on continuous improvements through innova- Additional information on our from various and especially complex raw materials tive solutions in processes, products and services business strategy can be found on with the help of the Group’s integrated competence in order to assert and expand our leading position. our website: corporate-group/strategy/ in smelting, refi ning, metal extraction, recycling and We are committed to our responsibility for customers, processing. products, employees and society as well as to a con- scientious attitude towards our environment and With the acquisition of the Luvata Rolled Products limited natural resources. We place a high value on our Division (RPD), we have carried out an important employees’ abilities and skills, as well as their training strategic measure to develop our Business Unit Copper and development in the process, as only the best The RMS includes all of the Products and to internationalise the business further. performance from our employees generates the high- main sites and business sectors Aurubis benefi ts from the expansion of the product est quality products and services for our customers. in the Aurubis Group. All risks are recorded according to portfolio, especially in the globally signifi cant connec- established categories and tor market. Risks are an integral part of the Aurubis Group’s eco- documented in a risk inventory. nomic activities. We manage and monitor the signifi - We diff erentiate between risks The strengthening of our production competence in cant risks with the help of a well-functioning risk man- in key processes (e. g. procure- the product sector is strategically relevant for two agement system (RMS) that is tailored to our business ment, production, sales) and reasons in particular. On the one hand, we have access activities. These risks are identifi ed early on with an risks in supporting processes to know-how, personnel and new technologies, e. g. implemented early warning system. Our objective is (e. g. exchange trading, fi nance, environmental protection, the vertical strip casting process. On the other hand, to limit negative eff ects on earnings caused by risks energy supply, occupational we can optimise the production structure by combining as far as possible with appropriate countermeasures. safety, HR and IT). the new plants in Finland, the Netherlands, Sweden Our principles are defi ned in a Group guideline for and the USA with the existing plant in Stolberg and risk management . thus better utilise the specifi c competitive strengths and skills of the individual sites. This also results in The signifi cance of the identifi ed risks is assessed in Risk management is a corpo- economies of scale and cost benefi ts. accordance with this. Furthermore, considerable risks rate governance function in the Aurubis organisation. The network are analysed in more depth and assigned appropriate is controlled by the Group head- countermeasures. The development of these risks is quarters in Hamburg. Group also continuously tracked. The processes of the RMS Risk Management reports directly are uniformly specifi ed across the whole Group. Risk to the Chief Financial Offi cer. management offi cers have been appointed for all sites Additional information on risk and business sectors and form a network within the management can be found on Group. our website: corporate-group/corporate- governance/risk-management/

Key to the symbols p.

CORPORATE CONTROL

Photos from our employee photo competition “Up close – my workplace at Aurubis”. Additional information on p. .

Our Code of Conduct comprises our PRIMA, our corporate values. PRIMA corporate values They consist of Performance, Responsibility, Integ- and our Group guidelines . rity, Mutability and Appreciation. They were defi ned in the PRIMA project. The name PRIMA derives Compliance, a signifi cant element of good and respon- from the fi rst letter of each value (the German word sible corporate governance, refers to the adherence to “prima” means “great” in English). The common legal standards and our internal company guidelines, values in the Code of Conduct were formulated in the most important of which are included in our Code cooperation with employee representatives and our of Conduct. We have appointed a Chief Compliance employees from the diff erent sites and company Offi cer (CCO) for this area who focuses on prevention: departments. We made the conscious decision to Henning Michaelsen (CCO) he pays particular attention to compliance with the defi ne the binding values together. This lends them Phone: + - guidelines in the Code of Conduct and ensures that credibility so that they can be accepted and lived E-mail: compliance @ aurubis.com they are distributed in the company. The CCO works by everyone. Additional information on the with Internal Auditing among other divisions, espe- topics presented here can be found cially when it comes to optimising processes to pre- on our website: vent possible compliance violations. He reports to the corporate-group/corporate- The guidelines, which all employees are obligated Executive Board and the Audit Committee of the governance/ to follow, regulate conduct in the following areas: Supervisory Board. Every employee is authorised to working conditions, environmental protection, safe- Our Code of Conduct is available inform his supervisor, the respective company manager ty and health protection, competition, corruption, on our website for our employees or the CCO about violations of our company guidelines. and the public: confl icts of interest, company property, dealing with If these actions are proven, the company can admonish, corporate-group/corporate- authorities and media representatives, confi dential- dismiss and/or demand damages from employees who governance/code-of-conduct/ ity, insider trading, security and documentation. have violated the guidelines. During the reporting There are still detailed group-wide and site-specifi c period, corruption and compliance cases that came to regulations, all of which are derived from the guide- light were reviewed and dealt with. lines established in the Code of Conduct. External companies working for Aurubis are also required to All departments involved in Corporate Governance: Good and responsible corpo- follow these guidelines. The Chief Compliance procurement and sales across rate governance, which is exceedingly important to us, Offi cer (CCO) is available to answer any questions the Group were trained in anti- is only possible on the basis of common values. The corruption issues and law from about the guidelines. good corporate governance that we practice at Aurubis June to October – about is based fi rst and foremost on close and effi cient coop- people in total. In November the Code of Conduct was intro- eration in the top management, the Executive Board duced across the Group in six languages and every and the Supervisory Board, attention to the sharehold- employee received a copy. Group-wide workshops ers’ interests, open corporate communication, respon- with the employees expand on the values and We are committed to the sibility in dealing with risks and proper accounting and guidelines. In addition, we will continue reporting German Corporate Governance annual auditing. We are committed to the German on the five values, the guidelines and concrete Code, which outlines signifi cant Corporate Governance Code . principles for managing and examples in the employee magazine. monitoring German listed companies as well as internationally recognised standards of good corporate governance. www.corporate-governance- code.de/index-e.html

AURUBIS SUSTAINABILITY REPORT CORPORATE CONTROL How we want to grow The “how” is important, not just the “where”

SECURE RAW MATERIAL SUPPLY COOPERATION WITH OUR SUPPLIERS In general, we aim for long- We have a two-pronged strategy for raw material Apart from primary and secondary raw materials, we term relationships or strategic procurement that concerns both primary and second- purchase a broad range of other materials, investment cooperation with our suppliers. ary raw materials (recycling). Because of this and goods and services from about , active suppliers Most of our suppliers are part of the distribution of the purchasing volume among a at the moment. These materials and services are pur- the International Council on number of suppliers, we are protected from depend- chased on the basis of overarching guidelines that are Mining and Metals (ICMM), ence on major individual suppliers and fl uctuations broken down at every individual site. which is actively committed to sustainable raw material on the world market. extraction. More on the ICMM’s Procurement guidelines sustainability principles: A good two-thirds of copper production at Aurubis In addition to copper raw materials, our supply chain www.icmm.com/our-work/ results from the use of primary raw materials that we includes a number of other auxiliary and operating sustainable-development- purchase worldwide – mainly from South America and materials, but also machines and services. For these framework Asia. Our suppliers include the largest international very diff erent products, we work in accordance with companies, such as Vale, Xstrata and Teck . We prefer process instructions that defi ne procedures and re- to develop long-term cooperation by means of agree- sponsibilities for avoiding negative environmental ments, a number of which continue for many years. eff ects and promoting occupational safety and health We try to obtain declarations from our suppliers stating protection ( p. and ). that the material they deliver was produced and/or exported under compliance with valid laws, regulations, We carry out a general approval process related to statutes or requirements of the country of origin and environmental compatibility for environmentally that they adhere to UN sanctions or trade restrictions relevant procurement issues at the German sites. and UN conventions related to human rights, environ- We take a catalogue of questions on the environment mental protection and safety. and occupational safety into account when selecting suppliers. We send these questionnaires, which are In contrast to primary raw materials, we mainly pur- developed and regularly updated by the Environmen- chase our secondary raw materials from Germany and tal Protection department, to all new suppliers. Poten- other EU countries. Procurement is largely based on tial suppliers that do not fi ll out the questionnaire are short-term delivery agreements supported by purchas- not considered in future tendering processes. We check ing agents, unlike that of primary raw materials. Sec- the documents from Aurubis suppliers with environ- The principle of “urban ondary raw materials now increasingly include complex mentally relevant topics for their level of complete- mining”: Buildings, infrastruc- end-of-life materials in addition to the classic recycling ness annually. ture and cars have a limited materials such as copper and copper alloy scrap and lifespan. Every city changes; copper processing residues. In order to be able to use When it comes to the procurement of investment urban mining basically means as many of the local secondary resources as possible in goods, additional detailed environmental protection that freed-up resources are the scope of “urban mining” , but also the growing and safety requirements for the product and the exploited and returned to the material cycle. quantity of electronic scrap from the IT and telecom- supplier are also defi ned and considered. Order place- munications sectors, we are expanding the processing ments are oriented towards energy and water con- capacities for these kinds of scrap and investing in sumption, emissions and the expected lifespan. The state-of-the-art facilities. availability of important test certifi cates is also taken into account.

Key to the symbols p.

CORPORATE CONTROL

Dialogue with our neighbours in Pirdop and Zlatitsa, Bulgaria

In December Aurubis Bulgaria opened two information serves to implement the company’s communication and social centres in the neighbouring cities of Pirdop and Zlatitsa to principles. The information centres will be open daily to promote dialogue with those living near its facilities. The answer people’s questions and offer an event programme to inauguration by Nicolas Treand (Managing Director of Aurubis intensify the exchange – e. g. environmental protection work- Bulgaria), Georgi Nikolov (Secretary General) and Martin shops or projects with local schools. Furthermore, citizens Tinchev (Mayor of the Sofia region) took place with over will have the opportunity to attend meetings and presenta- invited guests from the political and administrative sectors, tions, go online and obtain informational material in both of social associations and other organisations. The project the large centres.

Further information on WITH OUR STAKEHOLDERS MEMBERSHIPS, INTEREST GROUPS “Responsible Care”, a global We maintain open communication with interest groups. We are intensively involved in sustainability, for initiative from the chemical Our stakeholders are those with whom we have a direct example with our membership in “Responsible Care”. industry for improvements in or indirect relationship due to our production and Furthermore, Aurubis is a member of the German environmental protection, business activities: employees, neighbours, customers, and European economic, industry and specialist occupational safety and health, business partners, investors, representatives of non- associations in the copper and chemical industries, at: www.responsible-care.de/ governmental organisations and the scientifi c commu- for example the Federal Association of Industry, the A selection of our memberships nity as well as policymakers, the economy and the media. Economic Association of Metals and Eurometaux. can be found at Representing the interests of the company and the corporate-group/ Thoughts and information are exchanged fi rst and non-ferrous metals industry is at the forefront of our memberships.pdf foremost in the context of personal discussions, work with associations. forums and events. Through this dialogue, we are able to recognise internal and external risks and potential Environmental and sustainability issues, e. g. resource Energy, raw materials, environ- for our business activities early on and receive sugges- utilisation and climate protection, must be regu- mental protection, sustainability: these are topics that are not only tions for improvement. lated internationally. Since copper is a globally traded, relevant for Aurubis but are quoted metal, we cannot pass on regional price in- discussed intensively in politics and The most important topics focused on in the exchange creases at European sites (e. g. due to more bureau- society. As a company that is a are energy and raw material effi ciency and strengthen- cratic hurdles in the environmental sector or addition- member of associations and ing competitiveness. We are aware that the stakehold- al grid charges) to our customers. Additional one-sided initiatives, Aurubis can contribute ers are not fully aware of many of our sustainability burdens from the German or European side would to making facts and correlations activities – we will therefore work on making the endanger European industry and our high environ- more understandable. This only works when you actively shape the dialogue more productive. One example is our new mental standards. Our aim is thus to help shape the process and are visible as a contact information centres in Bulgaria (see above). legal conditions as an expert in order to strengthen to the public. In order to intensify environmentally friendly copper production in Europe. this work, Aurubis will be represented in a Group Representative Offi ce in Berlin starting January . Contact information p. .

What we want to achieve We participate in shaping political opinions and decision making in relevant Many of our activities in the political sector take place in the context of areas, especially those dealing with raw materials, energy, environmental Eurometaux, the association of the European non-ferrous metals industry. protection and dismantling trade limitations. We provide politicians with information that illustrates trade and competition distortions, tariff s and other obstacles for product sales as well as the specifi c A central issue in the current reporting period was our eff orts for free, undis- needs of our industry. The most important current measures that we have torted raw material markets. The considerable challenges in this area include participated in are the EU’s “Raw Materials Initiative” and the work on the trade restrictions, the lack of a uniform EU-wide standard and illegal scrap “Waste Electrical and Electronic Equipment Directive” (WEEE), which is taking exports to Third World countries. The latter not only causes a loss of valuable place via the European Electronic Recyclers Association (EERA) and other raw materials for domestic industry but also leads to environmental and organisations. The targets include unimpeded access to raw materials by com- health hazards in the regions concerned, where there is no organised recy- bating illegal exports of old appliances as mentioned above, the development cling and waste disposal system ( p. , Old mobile phones and electronic of treatment standards for secondary raw materials containing copper and scrap: a curse or a blessing?). precious metals and the support of research projects related to metal recovery.

AURUBIS SUSTAINABILITY REPORT CORPORATE CONTROL Our company in ﬁ gures

Fig. .: -year overview

Aurubis Group (IFRS) in € million / / / / / / Results Revenues , , , , , , EBIT () Operating EBIT/LIFO Consolidated net income ( ) Operating consolidated net income/LIFO Net cash ﬂ ow

Balance sheet Total assets , , , , , , Non-current assets , Capital expenditure Depreciation and amortisation Equity , , , , ,

With revaluation of inventories Fig. . : Our shareholder structure Fig. . : Our stakeholder groups using the LIFO method

Values “operationally” adjusted Shareholder structure as of August by valuation results from the application of the average cost method in accordance with IAS , Salzgitter AG by copper price-related valuation effects on inventories and by effects from purchase price Society allocations, mainly property, Customers plant and equipment, starting Institutional Suppliers fiscal year / investors Media Employees Including Cumerio as of NGOs February Policymakers Including Luvata RPD as of Private investors Shareholders / capital market September Scientiﬁ c community

CORPORATE CONTROL

Fig. .: -year overview Fig. . : The Aurubis Group’s Business Units / See the inner front flap as well

Aurubis Group (IFRS) in € million / / / / / / Results Primary Copper Recycling/Precious Metals Copper Products Revenues , , , , , , This Business Unit primarily unites the activities This Business Unit produces copper cathodes from This Business Unit processes cathodes into EBIT () concerned with the production of quality copper a wide variety of recycling raw materials. It also copper products and markets them. End users Operating EBIT/LIFO in the form of marketable copper cathodes from produces precious metals and other by-metals. include the electrical engineering, automotive, Consolidated net income ( ) the primary raw material, copper concentrates. mechanical engineering, telecommunications Operating consolidated net income/LIFO It also produces sulphuric acid. and construction industries. Net cash ﬂ ow

EBIT (operating) in € million . EBIT (operating) in € million . EBIT (operating) in € million . Balance sheet Employees (average) , Employees (average) , Employees (average) , Total assets , , , , , , Non-current assets , Capital expenditure Depreciation and amortisation Equity , , , , ,

Fig. . : Sources of primary raw materials Fig. .: Sources of recycling materials

for the Aurubis Group in / for the Aurubis Group in /

Bulgaria Rest of Western Europe

Chile Argentina Concentrate Recycling Brazil throughput Germany materials Aurubis Group Aurubis Group > million t Canada , t Eastern Europe Peru Indonesia North America Other countries Other countries

AURUBIS SUSTAINABILITY REPORT PRODUCT RESPONSIBILITY How we continue improving our products and production

Copper has been highly valued since the beginning due to the chemical, physical and aesthetic properties of the material.

We are one of the world’s leading providers of high- Strategy and targets Additional information about grade copper products owing to our years of experi- COPPER PRODUCTION AND PROCESSING: our products can be found on our ence in copper production and processing. Further- A LEADER IN QUALITY website: our-business/products/ more, we set worldwide standards in copper recycling Our strategy is to utilise our existing capability in on the basis of a number of diff erent starting materials. smelting, refi ning, metal extraction, recycling and copper processing to generate the highest value from Ongoing, extensive quality management is vital in order diff erent, often complex raw materials. to continuously expand our position. This ensures our own growth but also our customers’ success by provid- In copper production, we have a strong competitive ing them with consistently high-quality products. position due to our combination of concentrate processing and recycling as well as production exper- Our commitment to quality is not all, however: for us, tise and integrated production processes. We are in it is essential that we do not stick with the status quo a position to process a wide range of raw materials when it comes to our product palette. We react to in an environmentally friendly fashion and to recover developments and trends on the market with innova- the essential elements they contain in a marketable tive solutions, benefi tting from our many years of form ( Fig. . and ., p. ). expertise, modern production processes and close relationships to the processing industry. The most In the processing sector, our focus is on products for important spheres of activity are currently production applications with growth potential. The electrical prop- and recycling in the growing information and telecom- erties of copper and copper alloys, which domestic munications technology sector. and foreign customers value, play a role in this regard. Thanks to the acquisition of Luvata RPD’s strip business, we have yet again expanded our expertise in the key areas of smelting and casting, deforming and surface treatment. With our product portfolio and a sales network that extends across Europe, America and Asia, we are one of the leading integrated groups in the Our strategy: leading worldwide global copper industry.

Global player The areas defi ned in the strategy process gain even more signifi cance as a result of the most recent growth European platform step: expertise and effi ciency in metal procurement

Optimised stand-alone position and management, production and process management are just as important success factors in imple- » Our strategy is to utilise our integrated copper production menting our growth strategy as continuous analysis of and processing capability in smelting, refi ning, metal extraction, market trends and customer needs in order to supply recycling and copper processing and thus to generate the highest products that off er our customers high value added. value from diff erent and complex raw materials. » We supply high-grade copper products. » We focus on products for growing applications in which the specifi c properties of copper and copper alloys, especially as regards conductivity, generate added value for our industrial customers in developed countries and emerging markets. Key to the symbols p.

PRODUCT RESPONSIBILITY

Photos from our employee photo competition “Up close – my workplace at Aurubis”. Additional information on p. .

Organisation Challenges DEVELOPING WORK AND PRODUCTS INTEGRATION, GROWTH A cross-group department is responsible for the Aurubis has gained access to new fabrication know- procurement of capital goods such as machines and how, applications and market information as a result plants as well as consumables. It oversees process of its acquisition of Luvata’s rolled products business. adjustments, the conclusion of framework agreements and the organisation of international procurement. The integration of the Luvata Group’s former Rolled A coordinated procurement strategy and the introduc- Products Division into the Business Line “Flat Rolled tion of a lead-buyer organisation ensure that econo- Products & Specialty Wire” will be one of the central mies of scale are utilised and that there is a uniform tasks of the coming year. Aurubis’ profi le as one of the Frank Osterhagen, image on the procurement markets. Overarching leading companies in these markets will be further Head of Central Procurement topics are coordinated in regular meetings with the intensifi ed with the development of a comprehensive heads of procurement. sales and market strategy for the new business line. In the scope of our long-term targets in this industry, Quality policies are prescribed by the Executive Board we will continue to develop a sustainable strategy that and implemented in individual sectors by Quality supports further growth. Management. The quality management system is certifi ed in accordance with the international standard From a long-term perspective, the strategy of becoming DIN EN ISO at all production sites. All products a global player ( Fig. “Our strategy: leading world- are subject to a comprehensive quality inspection. We wide”, p. ) should be communicated and implement- monitor and ensure the observance of provisions from ed at every site. Each site must carry out the global standards or customer specifi cations with modern strategy locally, for example while taking an important process control and quality assurance systems. The customer’s standards into account. sites’ quality management is coordinated by Dr Jürgen Schmidt in accordance with the standards from the Dr Jürgen Schmidt, responsible Executive Board member Dr Stefan Boel Head of Quality Management Product Technology and Quality and monitored with quality indicators.

Research & Development (R & D) is organised across the Group and is broken down into Primary Copper, Recycling/Precious Metals and Copper Products according to our Business Units ( Fig. . and . , p. ). R & D works closely together with the Product Technology, Quality, Engineering and Marketing and Sales departments. Apart from short-term measures in daily business and continuous process and product improvement, R & D’s responsibilities increasingly include long-term projects to develop innovative processes and products as well. The Innovation Man- agement team also provides support in this regard, Dr Michael Hoppe, contributing to the generation of new ideas and Head of Research Development concepts.

AURUBIS SUSTAINABILITY REPORT PRODUCT RESPONSIBILITY

Lifecycle analysis for copper

There is a constantly increasing need for current and reliable information related to the lifecycle of competing materials, especially in the construction and automotive industry, but also among regulators, NGOs and research institutes. In the copper industry reacted to this market demand by providing adequate lifecycle-related data for various copper products, such as copper sheet, wire and tube. You can ﬁ nd the lifecycle analysis at www.copper-life-cycle.de The data is scheduled to be updated.

COPPER, A QUALITY PRODUCT RECYCLING COPPER In order to produce over . pure copper, we Aurubis processes a number of diff erent secondary The amount of gold and silver subject it to a multi-step refi ning process and a com- raw materials. The processing capacity of our recycling from recycling of course depends plex electrolysis process. Only then can it completely centre in Lünen for complex raw materials was on the input materials that we procure. The rate fl uctuates from develop its mechanical and chemical properties to increased by about , t annually in . This year to year – however, it can be fulfi l the processing industry’s high requirements, was achieved with KRS-Plus, an expansion of the exist- said that up to of our pre- particularly optimal electrical conductivity. The ing plant with a top blown rotary converter (TBRC, cious metal output comes from refi ning process was developed by the chemist Emil Fig. ., p. , p. ). The primary aim of KRS-Plus recycling. Wohlwill ( – ) in our company, the fi rst in is to increasingly process complex secondary materials the world to produce high-purity copper on an indus- such as electric and electronic scrap, which is collected trial scale starting in – about t annually com- separately in Europe in accordance with legal stand- pared to . million t today. ards. We have environmentally friendly, effi cient recycling options for these materials and are able to re- Recycling materials also deliver high-purity copper, as cover a wide range of elements in addition to copper: the metal can be recycled as often as desired without apart from precious metals like gold and silver, non- a loss of quality. We process residues from the non- ferrous metals such as tin, lead and nickel also play a ferrous metals industry, waste and old appliances into signifi cant role. high-value copper products. About one-third of our copper output is produced from recycling materials – Every year we process , t of recycling raw conserving resources is the most natural thing in the materials, which comprise roughly equal amounts of world for us. scrap containing high amounts of copper and complex materials. Over of the materials come from The copper cathodes produced at the Hamburg, Lünen, Germany and Western Europe ( Fig. ., p. ). Olen and Pirdop sites are of excellent quality that exceeds the metal exchanges’ requirements. We usually Aside from the extensive use of secondary raw materi- process copper cathodes into products ourselves but als for metal recovery, today a number of consumables can also off er them on the London Metal Exchange or like iron, sand and fuels are being replaced with second- sell them to trade and industry. ary raw materials where it is technically possible.

All chemical materials have been registered at the European Chemical Agency in Helsinki in accordance with the European REACH directive since December . Aurubis is committed to implementing the directive at all of the sites. You can ﬁ nd additional information about REACH in our Environmental Report ( p. ).

Key to the symbols p.

PRODUCT RESPONSIBILITY

Industrial risk analysis for copper

In the copper industry initiated a voluntary risk analysis for copper, copper dust and You can fi nd additional informa- copper components in order to demonstrate the safety of their products for humans and the tion and the complete risk analysis environment. The extensive analysis dealt with all aspects of the copper value-added chain. on the European Copper Institute’s website at www.eurocopper.org In cooperation with the EU, all of the emissions during production, use and disposal were determined and their eff ects on humans and the environment were analysed. The fi nal report published in confi rmed the harmlessness of copper and was used by the copper industry as the basis for implementing the REACH directive.

RESEARCH AND DEVELOPMENT FOR OUR CUSTOMERS You can fi nd additional Innovations are exceedingly important to us, as they First-class customer service: We off er comprehensive information on R D at secure our future economic success. Only innovations commercial and technical customer service. Our com- /corporate-group/research/ enable us to keep up with changing conditions, e. g. petent, multilingual team strives to fi nd a tailored solu- stricter environmental requirements, rising energy tion for every problem quickly. We take on even the prices and increasing competition. Therefore, we inten- most demanding customer needs by developing suit- sively carry out research and development work in able materials and optimal solutions for individual appli- order to optimise products and processes continuously. cations. Training, seminars and workshops round off our range of services. In technical matters, our experienced Primary copper production, recycling, precious metals: engineers support customers on site as well. Further- increasing effi ciency. In the primary copper production more, Aurubis can ensure reliable, punctual delivery and recycling and precious metals sectors, the focus and react professionally and fl exibly to last-minute of the work is on adjusting production processes to enquiries. Should complaints arise, we react to them as increasingly complex input materials, e. g. concen- quickly as possible. Complaints are already processed trates, electronic scrap and other recycling materials. uniformly across all the Group's sites in Business In addition, we are working on optimising procedures Line Rod & Shapes. We are currently working on a to process by-products of copper production to make consistent complaint management system for all of a contribution to resource conservation by utilising the Aurubis Group’s product lines. recyclable materials as best as we can. Customer health and safety: Our copper products are Processing copper into products: customer orientation. made of high-purity copper materials that do not In the copper processing sector, developing optimised present any particular hazards to the environment and copper products is very important in addition to im- humans. The numerous applications in the food and proving fabrication processes. We work closely with health sectors prove this. We make a safety data sheet the product technology and quality sectors as well as available to our customers but also an inspection marketing and sales and use our close contact with our certifi cate for every delivery that indicates the exact customers as a source of ideas for product innovations. chemical composition of the goods. Moreover, the applicable load restraint regulations and the maximum Innovation: a strategic task. Strategic decisions have permitted loads for the method of transportation to be made in order to shape innovation activities are strictly observed during the transport of our goods consciously. Our Innovation Management team, which in order to avoid hazards of any kind in shipping and Our cooperation with metal- is made up of employees from diff erent departments unloading. When it comes to packaging and stowage lurgical universities was expanded and sites, is responsible for establishing innovation materials, we make sure that the relevant regulations to include cooperation with chemistry, process technology and policies in this area. It works together across func- are already observed when purchasing those materials. metrology institutes. The partner- tions, thus increasing innovation success ( Fig. ., When the hot or cold forming process is carried out ships encompass the whole spec- p. ). correctly, processing does not lead to any specifi c trum of bilateral projects, from hazards for customers, either. doctoral scholarships to publicly funded work, e. g. by the Federal Ministry of Education and Re- search. Additionally, the company has very close contact with plant construction fi rms and technology developers.

AURUBIS SUSTAINABILITY REPORT PRODUCT RESPONSIBILITY Our products in ﬁ gures and graphics

Fig. .: Output by product groups

in , t in , t in t in , t in , t in , t

Cathodes Continuous cast Gold Continous Pre-rolled strip Sulfuric acid wire rod Silver cast shapes Strips and Iron silicate shaped wire , , , , , , , , ,

/ / / / / / / / / / / / / / / / / /

Fig. . : Revenues by product groups in € million

Cathodes Continuous cast Precious metals Continous Pre-rolled strip Chemicals and wire rod cast shapes Strips and Other shaped wire , , , , , , , , , ,

/ / / / / / / / / / / / / / / / / /

Fig. . : Multi-metal recycling at the Lünen site

Kayser Recycling System (KRS) Sampling, material preparation Submerged lance furnace TBRC

Slimes Alloy scrap Residues Black copper Converter copper Electronic scrap ( Cu) ( Cu)

Tin-lead rotary furnace

Iron silicate sand Zinc-bearing KRS oxide Tin-lead alloy

PRODUCT RESPONSIBILITY

Fig. . R & D expenditure Fig. . : R & D employees

in € million Number

/ / / / / / / / / /

Fig. .: Our Innovation Management activities

Increasing eﬃ ciency (energy supply, costs, environment, administration) for sustainable growth Developing copper Innovative methods products, services and processes and technologies Innovation targets

Increasing ﬂ exibility Sales Diversiﬁ cation in the in complex raw material by-metals sector Incl. Luvata RPD as of processing September

Top Blown Rotary Converter

Anode furnace Anode casting plant Copper tankhouse Raw materials Copper products By-products Copper scrap

Anode Cathode (~ Cu) (> . Cu)

Nickel sulphate Anode slime Precious metal production

AURUBIS SUSTAINABILITY REPORT ENVIRONMENTAL PROTECTION How we assume responsibility for environmental and climate protection in our company

Environmental and climate protection encompasses a broad scope of duties, and every site has its own individual challenges. We report separately on site-specific measures, successes and targets in our Environmental Report.

Strategy and targets A WORLD LEADER IN TARGETORIENTED ENVIRONMENTAL PROTECTION At Aurubis, environmental and climate protection is one of the core targets of our sustainability eﬀ orts and is enshrined in our company guidelines.

We are constantly improving our environmental performance with state-of-the-art technology. Beyond An important medium for Aurubis’ environmental cover- compliance with legal requirements, voluntary com- age is the annual Environmental Report, which describes mitments such as the chemical industry’s “Responsible the Group’s environmental performance. More extensive Care” initiative and participation in the non-ferrous information on environmental protection during the metal industry’s “Metals pro Climate” initiative are reporting period is available in the Environmental Report important instruments for Aurubis for sustainable . We refer to the corresponding passages in the development and maintaining resources for future Environmental Report with this symbol . generations. Additional information on the At Aurubis, we also develop innovative and energy- topics presented here can be found eﬃ cient plant and process technologies that establish on our website responsibility/environment/ The Environmental Report is available as a PDF download: new benchmarks worldwide. You will ﬁ nd several www.aurubis.com/environmental_report completed projects here as examples. Key to the symbols p.

Environmental protection targets until

Climate protection – target: continued reduction in CO₂ emissions Examples of scheduled measures: () Aurubis’ contribution to Hamburg’s climate protection programme () Constructing a turbine to utilise waste heat in Lünen () Optimising suction plants at Schwermetall Halbzeugwerk

Noise – target: reducing noise emissions Air – target: reducing air emissions Group Examples of scheduled measures: environmental Examples of scheduled measures: () Erecting a noise barrier in Olen protection () “Aurubis Bulgaria ” programme targets () Agreement with the city of Hamburg to continue reducing dust emissions by t annually

Waste – target: increasing the recycling rate Water – target: improvement in water pollution control Examples of scheduled measures: Examples of scheduled measures: () Stronger marketing of fayalite in Pirdop () Operating new water treatment plants (Pirdop, Lünen) () Optimising the separation plant at E.R.N. () Redeveloping the wastewater network at the Cablo site in Fehrbellin

ENVIRONMENTAL PROTECTION

Examples of innovative and energy-eﬃ cient plant and process technologies at Aurubis that set new international benchmarks

We have implemented new projects which will contribute to increasing project account for of the total capital expenditure, or more than resource effi ciency in the coming years, such as the KRS-Plus project in Lünen € million. The objective of these environmental protection measures is the and a new off -gas cleaning system in Pirdop. Targets for further improving continued reduction of fugitive emissions in particular. The plan is to further environmental protection have been established across the Group ( p. ). enclose plant sections, collecting exhaust air and cleaning it in fi lter facilities. Another signifi cant measure is the construction of a new cleaning plant for The project “Aurubis Bulgaria ”, which started on June , is more SO₂-rich auxiliary hood off -gases. The whole project is intended to be especially important for environmental protection. This project comprises implemented by ( p. and ). Aurubis Bulgaria was awarded the capital expenditure measures amounting to € . million, in the primary environmental prize “The greenest companies in Bulgaria” for its long-term copper production sector. The environmental protection measures in this commitment in environmental protection ( » p. ).

Organisation Challenges INSPECTION, IMPROVEMENT, CERTIFICATION GROUPWIDE HARMONISATION The Group Environmental Chief Executive Offi cer Peter Willbrandt and Head of By continuously developing projects to increase recy- Protection Guidelines describe environmental protection Environmental Protection Dr Karin Hinrichs-Petersen cling and energy effi ciency and climate and resource targets and provide the founda- are responsible for the strategic orientation of envi- protection, we consistently pursue the aim of sustain- tion for calculating key environ- ronmental protection in the Group. The environmental able – and sensible – improvement. mental protection factors and tasks at the respective sites are overseen by Environ- for reporting; additionally, they mental Protection Offi cers. Aurubis produces copper with state-of-the-art plant defi ne responsibilities in the technologies at a very high level of environmental Group, the duties of the Group A uniform environmental protection standard was protection and conserves natural resources. These Environmental Protection department and the collabora- created with the participation of employees, plant sustainable economic activities to protect the environ- tion with local Environmental managers/managing directors and the Executive ment and maintain raw materials for future generations Protection Offi cers and manag- Board, codifi ed in a set of group guidelines and make the company a role model and may not be endan- ing directors/plant managers. implemented across the Group in the scope of the gered by one-sided burdens on European industry. environmental management systems (ISO and Topics like resource utilisation and climate protection EMAS). must be regulated worldwide. Copper is quoted on the metal exchanges and traded internationally, so price The key environmental protection factors, which are increases in Europe may not be passed on to customers uniform for the Group, are reviewed and certifi ed ( p. , ). Aurubis is aware of the challenges that annually. would result from global climate change. We can imagine the possible eff ects of extreme weather situations, There is a group-wide exchange in the environmental e. g. heavy rains. protection sector, and the employees are trained regularly on environmentally relevant topics. The former Luvata sites that joined in were also integrated into Group environmental protection Dr Karin Hinrichs-Petersen, Emergency plans and alarm and danger prevention ( p. ). After the good experiences during the inte- Head of Group Environmental plans have been established for emergencies and gration of the former Cumerio sites in , it is im- Protection and Environmental accidents. This ensures that negative eff ects on the portant to closely examine how the environmental Protection Hamburg environment are actively avoided and that the em- protection situation at the new sites can be developed ployees and the general population are protected. We further. Economic aspects must also be taken into carry out routine training sessions and emergency consideration in the process. drills, documenting and evaluating them. Accident and emergency planning takes place in coordination with Every Aurubis site sets central environmental targets the responsible authorities. and has introduced or planned corresponding environmental measures. The Environmental Report provides an overview of these measures and targets and the level of achievement at the beginning of the respective site chapters.

AURUBIS SUSTAINABILITY REPORT ENVIRONMENTAL PROTECTION

Highest environmental standards worldwide Source: Brook Hunt / Aurubis data SO₂ emissions from copper smelters in kg SO₂/t of copper output

₂/t Cu ₂/t Cu SO SO International copper smelters (avg.): kg SO₂ / t Cu European copper smelters AurubisAurubis Hamburg: Bulgaria: kg kg (avg.): kg SO₂ / t Cu

ENVIRONMENTAL PROTECTION The Aurubis Group is currently one of the most environ- SO₂ emissions are relevant MEASURES AT OUR SITES mentally friendly and energy-effi cient copper producers fi rst and foremost for primary Investments in environmental protection in the world. Energy effi ciency and climate protection copper production (Hamburg One requirement for sustainable environmental protec- are constantly developed and improved at all sites in and Pirdop sites) due to the tion is investment in state-of-the-art environmental the Group. processing of sulphurous ore and plant technologies. Therefore, an average of about concentrates. one-third of total capital expenditure has been used for This is illustrated in the comparison of sulphur dioxide environmental protection in the Aurubis Group during emissions with other primary copper producers the past several years. Aurubis thus has a top position ( Fig. above). To achieve these kinds of results, worldwide in climate and environmental protection in Aurubis has consistently pursued the target of making primary and secondary copper production and process- further improvements in environmental protection ing copper into products (such as rolled sheet, wire and with continuous investments for many years. The continuous cast material). success is directly evident in the emission trend in Aurubis’ primary copper production sector – this has About € million has been invested in environmental decreased by over since ( Fig. ., p. ). protection measures in primary and secondary copper production since ( Fig. ., p. ; Capital ex- The consolidated key environmental protection fi gures penditure by sites in ). This capital expenditure for primary and secondary copper production exhibit amounted to over € million in alone. The focus this success in specifi c dust emissions as well – a was reducing emissions to air. reduction has been achieved since ( Fig. . , p. ). Further reduction in emissions to air As an energy-intensive company, Aurubis feels espe- Water withdrawal and wastewater cially committed to improvements in climate protection. We use water for the production processes and for We therefore invest in energy-effi cient plant technolo- cooling purposes. Where it is possible, we use river gies, individual measures to save additional energy and water in order to conserve natural potable water voluntary projects, such as the city of Hamburg’s climate resources. Economical water consumption is one of protection programme, at all sites. This long-term in- our objectives. For example, Aurubis has reduced its volvement is successful: we have signifi cantly reduced specifi c potable water consumption in copper our CO₂ emissions at every location. Energy manage- production by since ( Fig. ., p. ). ment systems have been developed, introduced and certifi ed by the TÜV. A number of measures to increase Considerable improvements have also been made in energy effi ciency have been implemented, which water pollution control. Since , metal emissions is refl ected in the consolidated climate protection to water in Aurubis’ copper production sector have indicators for copper production in the Aurubis Group. decreased from . to . g per tonne of copper output, The ongoing positive trend continued in , when or by more than one-third. Most of the metal emissions the particularly harsh winter is taken into account come from copper and zinc. ( Fig. . und ., p. ). This sector comprises copper production from primary and secondary raw materials in smelting processes (Hamburg, Pirdop, Lünen and Olen sites).

ENVIRONMENTAL PROTECTION

Promoting electromobility projects

In May the Hamburg Senate, together with the German Federal Ministry of Transport, companies and industrial partners from the automotive industry, transferred electric cars to companies and institutions in the city. The central objective of the model project is to examine and advance electric cars in practice.

Aurubis participates in this project and invested in a Fiat Fiorino, which was converted to an electric drive by the Hamburg company Karabag.

Resource conservation The expansion of recycling in the Group helps to close For example, the construction The European Commission established resource con- material cycles in an environmentally friendly way of a new plant entrance in Lünen not only reduced truck servation as a key issue in . Environmental protec- and thus makes an important contribution to resource traffi c to the Aurubis plant on tion should extend beyond avoiding and reducing conservation and sustainable development. Kupferstrasse by ( p. ). emissions. Progress in resource conservation should In addition, about , m² of be targeted by increasing material effi ciency and more Waste is eff ectively avoided and recycled in an environ- land bordering the plant premis- eff ectively recycling waste in particular. On the na- mentally sound manner as far as possible. The recycling es was purchased by Aurubis tional level there is already a draft of the German rate for production-related waste reached up to . and the city of Lünen. A m resource effi ciency programme, which aims to double across all the Group's sites in . long and eight meter high noise barrier was built on a total area raw material productivity by , based on the of , m² for the residential values – especially by increasing recycling rates. Overall, about , t of waste accumulated in the area being developed on the copper production process at Aurubis. More than half border to the new southern Non-ferrous metals such as copper are not used up; (, t) came from construction measures in the plant entrance. A covering of they are recycled again and again without a loss of course of various building projects, for example the trees and bushes is now being quality, therefore fulfi lling sustainability and resource KRS-Plus project at the Lünen site. A total of developed with native oaks and effi ciency requirements to a great extent. The high of the remaining production-related waste ( , t) hornbeams in a , m² reforestation zone. These metal price already presents a very effi cient control was recycled ( Fig. ., p. ). ecological measures improve medium for natural resource conservation. Nearly all biodiversity. Furthermore, the raw materials are converted into marketable products In primary and secondary copper production, kg of immission levels during the day at Aurubis. production-related waste are produced per tonne of and at night are more than input material. Therefore, . of the input materials dB(A) below the legally permit- Waste prevention and recycling are utilised and almost completely converted into mar- ted noise immission reference Environmentally friendly copper production from ketable products. values at all recording points on Bergstrasse and Kleine Berg- primary raw materials and multi-metal recycling form strasse. This is one example of the basis of an adequate copper supply in Europe. We Biodiversity and soil conservation how we recognise possible noise pursue target-oriented, precautionary environmental As a matter of principle, we do not use any land in pollution early on and employ protection with state-of-the-art technology. Aurubis protected areas with high levels of biodiversity. We eff ective countermeasures procures raw materials from more than countries try to maintain green areas on our plant premises, ( p. / ). worldwide with a focus on Europe. A number of recy- expanding them further where this is possible . cling raw materials, for example circuit boards, copper tubes and electronic scrap, are purchased and proc- Aurubis actively conserves soil across the Group, for essed in the scope of Aurubis’ multi-metal recycling instance with technical measures to counteract the ( Fig. ., p. ). discharge of materials and liquids that are hazardous to water. There are soil impurities typical for industrial A total of . million t of raw materials were used in areas on our plant premises owing to many years of primary and secondary copper production at Aurubis industrial use. Technical measures in particular are in . About , t of this were made up of used to counter the mobilisation and spread of these recycling materials, or more than one-fourth of the impurities. materials used. The proportion of recycling materials in the raw material input has continuously increased from to in the past fi ve years ( Fig. ., p. ).

AURUBIS SUSTAINABILITY REPORT ENVIRONMENTAL PROTECTION Our environmental protection achievements in ﬁ gures

The following graphics are related to primary copper production or copper production in the Aurubis Group (see the titles).

SO₂ emissions are relevant ﬁ rst and foremost for primary copper production due to the processing of sulphurous ore concentrates. Primary copper production describes copper production from primary raw materials, i.e. copper concentrates, and takes place at the Aurubis sites in Hamburg and Pirdop. Copper production in the Group means copper production in smelting processes from primary and secondary raw materials and takes place in Hamburg, Pirdop, Lünen and Olen.

Fig. .: Capital expenditure and operating costs for environmental protection measures in € million in copper production in the Aurubis Group . . . . . . . . . . . . . . . .

Operating costs (recorded since ) Capital expenditure

Fig. . : Fuel-related CO₂ emissions Fig. . : Specific energy consumption

In t/t of copper output in the Aurubis Group in MWh/t of copper output in the Aurubis Group . . . . . . . . . . . . . . . . . . . . . . - since . . . . . . . . . . . - since

Secondary energy Primary energy

Fig. . : Specific SO₂ emissions Fig. . : Dust emissions

in kg/t of primary copper output in the Aurubis Group in g/t of copper output in the Aurubis Group . . . . . . . . . . . , , - since - since

Fig. .: Specific potable water consumption in m /t of copper output in the Aurubis Group . . . . . . . . . . . - since

The increase in fuel-related CO₂ emissions in is a result of the especially harsh winter, which led to a high heating energy demand.

ENVIRONMENTAL PROTECTION

Fig. .: Raw material input in copper production RESOURCE CONSERVATION IN TRANSPORT Our primary raw material suppliers process mined copper ore Proportion of recycling materials in the Aurubis Group’s raw material input in million t (copper content of . to ) into copper concentrate, usually on Primary raw materials . . . . . site. Therefore, there is not any signiﬁ cant transport for the ore. Recycling materials . . . . . The concentrate (copper content typically ) is then shipped via waterways to Europe, if applicable. We always make sure that our Recycling materials logistics partners use ships that comply with the highest safety in requirements. When it arrives in Europe, the concentrate is transported to the sites on inland ships or in railway wagons. Around one-third of Aurubis’ copper output is based on recycled

copper scrap and other recycling materials. Environmentally friendly Fig. . : Disposal of waste from copper production recycling conserves resources and is further enhanced by the supply sources, which are located close by in many cases: approx. of Waste disposal in the Aurubis Group in t p. a. processed secondary raw materials come from European countries Total production waste , , , , , ( Fig. ., p. ). Quantity recycled , , , , ,

A total of of the products Aurubis fabricates are transported via railways or waterways. This is also true for the sulphuric acid produced in Hamburg and Pirdop. We pay attention to carriers’ maximum load and, if possible, oﬀ er return loads in order to avoid empty runs on the service provider side. The best example is the so-called “anode train” from Pirdop to Olen, which only used to transport our anodes from Bulgaria to Belgium and then return

empty: today, the wagons transport household appliances back to Fig. .: The copper cycle Eastern Europe. (Additional information on recycling and fabrication in the Aurubis Group » p. /)

G N FA LI B C R Y IC Fig. .: Means of transport in C Secondary copper Primary copper A E T R production production I O N Transports from Aurubis (group-wide) Kayser Recycling System Cathodes Recycling Rail Water Road (container and inland ships) Collecting, separating, Products sorting,treating

End-of-life products Components

Final products Industrial and consumer goods E USAG

AURUBIS SUSTAINABILITY REPORT RESPONSIBILITY FOR OUR EMPLOYEES How we view our role as an employer

From Hamburg to Avellino: In summer Mirko Thierbach switched from the Group headquarters in Hamburg to work as Head of Purchasing at Aurubis Italia. A discussion about living and working in another culture.

Strategy and targets IMPROVING TOGETHER We view ourselves as a responsible employer and are proud of our good relationships to the employee representatives. We maintain open and close communication with our employees and include them in the development of the company.

In order to take the internationalisation of our group into account, we created a new, overarching personnel strategy in . It is derived from the corporate strat- (Excerpt from the employee magazine “CU”) (Top row, from l. to r.) egy and is consistently applied by HR Corporate and Guiseppe Lombardi, “How do you experience Italy and the work there? What are the HR departments in the individual countries and Mirko Thierbach, Guiseppe Marino, the diff erences?” “There are a few. In German, communica- Vincenzo D’Amico, implemented in modern management. Central aspects tion is much more direct and objective, while in Italy, you (bottom row, from l. to r.) of the strategy are the topics of global management, don’t address problems directly but instead ‘package’ them Antonella Fattorusso, Gianpaolo growth, employee involvement and abilities, personnel up more. In Germany, trust in a business partner results Antonacci, Maurizio Lucivero, costs and employer appeal. Our personnel strategy is Ouda Verhoogen, Antonio de from his performance and professional competence. In Italy, therefore oriented to our business as well as interna- Blasio (General Manager) trust in another person is developed before working together tionalising the Group. on an objective level. We’re used to working in a linear Mirko Thierbach (born ) manner in Germany, even when multiple projects are going graduated from the Hamburg Not only the leadership guidelines introduced in on at once. In Italy, a lot happens at the same time and not Economics Academy after com- implement the personnel strategy: the Leadership Pro- always at the same tempo. The issue of hierarchy is also very pleting a dual degree program gramme fi rst carried out in represents a signifi cant diff erent in Italy. A supervisor here carries all of the responsi- from to and worked in step on the path to an Aurubis-specifi c management purchasing at Aurubis Hamburg bility and only he is entitled to sign important documents.” culture ( p. ). Strategic personnel instruments and from to . He gathered services as well as individual instruments for our em- “Did you have growing pains?” “At fi rst it was necessary experience abroad in the Group ployees are at the forefront of the implementation plan to fi ght through a jungle of bureaucracy, which really isn’t in during a three-month stay at Aurubis Bulgaria in Pirdop while for the personnel strategy ( p. ). easy in Italy: the apartment search, getting an entrance he completed his bachelor’s degree. permit, registering gas, water and electricity – it was good He became Lead Buyer for IT and All Aurubis employees are called on to follow the group- that I had help from a relocation agency through Aurubis! chemical products at the Ham- wide applicable corporate values and our binding Code I had a friendly reception from colleagues. In the mean- burg site following the acquisition of Conduct in their daily work ( p. ). In this way, time, we sometimes do things together in our free time.” of Cumerio. we promote cooperation between staff members. How are you benefi ting from this time?” “From a profes- Consistent conduct and integrity among our employ- sional perspective, this is an unbelievably exciting time for There are laws on non-discrimi- ees is more important than ever to reinforce trust and nation in the workplace and in me, with insights into other operations and processes. I’m exchange between the individual sites. civil law in all of the countries learning a lot about diff erent structures and am gaining a where our sites are located based more global view of the Aurubis world overall. I can there- on the European Union’s non- fore say that I recommend a job switch like this to anybody. discrimination directives. Our On a personal level, I of course benefi t a great deal from group-wide applicable Code of living in another culture. It’s also really fun not to react in Conduct introduced in November a typically German way for once!” and our corporate values serve as the basis for respectful Thank you very much, Mr Mirko Thierbach. communication.

RESPONSIBILITY FOR OUR EMPLOYEES

Photos from our employee photo competition “Up close – my workplace at Aurubis”. Additional information on p. .

Organisation Challenges PERSONNEL STRATEGIES FOR THE FUTURE INTEGRATION, GROWTH All overarching activities related to our employees Following the acquisition of the Luvata Group’s former have been managed by the group-wide corporate Flat Rolled Products Division, the Aurubis Group function Human Resources (HR) since , which employs , people, of whom work in German is under Director of Industrial Relations Dr Michael plants and of whom work in other countries. This Landau. The HR Corporate division is involved with increase in employees means an increase in expertise implementing and monitoring the new personnel and cultural diversity. The integration of this potential strategy, modern HR instruments, a new compensa- will continue to require our attention in the coming year. tion system for the management, international per- Julia Rosenkranz, sonnel involvement and individual assistance to upper In light of these developments, the Functional Integra- Head of HR Corporate management in the Group. tion Team Human Resources (FIT HR) was established with representatives of Aurubis and the former Luvata Important HR topics are regularly discussed by HR RPD. The team created an action programme with management together with the Works Council repre- various personnel focuses in order to successfully sup- sentatives. These topics have included the partially port and develop the management of the new Business reduced working times due to weaker demand in , Line (BL) Flat Rolled Products & Specialty Wire. demographic change and working life. We work closely with the employee representatives in order to make The central goal of the integration is to incorporate the socially responsible decisions that are accepted group- employees, enable good cooperation and support the wide ( p. ). management in its responsibilities in line with corporate values and business requirements. About man- The direct supervisors or the management of the agers in our new BL have already participated in man- respective sites are responsible for assistance, per- agement reviews to identify strengths and development formance evaluations and development planning for potential. The next step is the creation of a personnel employees. Their HR work is oriented to the standards action plan and individual development plans on the provided by the central HR department in order to basis of the results. ensure uniform standards. The main challenges in developing and implementing We started setting up a management system for occu- the personnel action plan are taking into account the pational safety, health protection and health promotion changes associated with restructuring and appropri- in ( p. ). We thus ensure a common level of ately assisting the employees that will be aff ected by quality in our growing, internationally active company. relocations of production. Our principle: all of the local legal requirements in the safety and health protection sector must be fulfi lled at Because of the noticeable eff ects of demographic the least. Our internal standards extend beyond the change in Germany and Europe, there will also be a legal requirements where this makes sense. focus on drawing specialists and managers as well as on high-quality vocational training. We will continue Additional information on the to accept this challenge ( p. ). topics presented here can be found on our website responsibility/employees/

Key to the symbols p.

AURUBIS SUSTAINABILITY REPORT RESPONSIBILITY FOR OUR EMPLOYEES

SeitenWechsel

Aurubis has regularly taken part in a programme called SeitenWechsel (“changing sides” in Ger- man) for a few years. Selected managers complete a one-week internship in a social institution and become familiar with fi elds that they have no contact with in everyday life, for example in a hospice for the terminally ill, assistance for the homeless and asylum seekers, living projects for the disabled or drug counselling services. Up to now, managers from Aurubis have participated in the SeitenWechsel programme, including Chief Executive Offi cer Peter Willbrandt (shown here in front of the Hamburg institution “TheKi”, which off ers assistance to drug-addicted parents and their children). www.seitenwechsel.com

COMPENSATION AND ADDITIONAL BENEFITS VOCATIONAL TRAINING AND You can fi nd additional informa- At Aurubis, commitment and good performance are CONTINUING EDUCATION tion on the content presented here rewarded: our compensation system includes both High-quality training and targeted capital expenditure on our German website: Aurubis AG’s compensation basic compensation as well as performance-related for employee qualifi cations secure a company’s long- additional benefi ts: components. Furthermore, we off er our employees term success. Vocational training and continuing educa- karriere/mitarbeiter/ various additional company benefi ts as a performance tion are therefore central components of our personnel leistungen/ incentive. policies and are open to our employees. Aurubis AG’s vocational training continuing education: Employee profi t-sharing: Employees participate in Training and talented young people: Because of demo- karriere/ausbildung/ our business success at many sites. Performance and graphic change, good vocational training and fi nding success-oriented compensation is a fundamental ele- specialists early on are becoming increasingly impor- A signifi cant milestone for ment of remuneration. Motivated employees make a tant. We thus present the company at various business fulfi lling the future requirements decisive contribution to the company’s value. The and career fairs to raise interest among graduates and of modern vocational training is our investment of € , in performance of the individual is always assessed in talented young people. In addition to direct employ- a new training centre at the Lünen connection with the performance of the team, the ment, we off er opportunities for semester-long work site. It will ensure vocational department or the production sector ( p. ). experience, etc. as part of our marketing activities at training and continuing education universities. We carry out projects such as “Practical in the recycling centre in the long Employee shares: Staff in Germany were once again Learning Day” and “-Plus” in order to gain apprentices. term, increasing the quality of given the opportunity to acquire Aurubis shares at a training. In addition, the new discount during the past fi scal year. Even more em- Leadership Programme: Supporting and training man- space allows all apprentices to be mentored optimally and the core ployees took advantage of this off er than in the previ- agers requires corresponding personnel development workforce to be trained directly at ous year ( p. ). A total of , employees (, opportunities. The Leadership Programme is an impor- the site. ( p. /). employees in the prior year) acquired a total of , tant step on the path to an Aurubis-specifi c manage- shares (, in the prior year) in fi scal year /. ment culture. It serves to professionalise and develop employees in middle and upper management. Management salary system: A new salary system for the management and senior staff was introduced that Successor development: The Aurubis High Potential features uniform rules for bonuses throughout the Programme was initiated for the Group’s talented entire Group for the fi rst time in the past fi scal year. In young employees. Fifteen candidates from diff erent fi scal year / the inclusion of the former Luvata sites were selected to participate in the -day event, management will be worked into the system. The life- which includes lectures, active learning, team-oriented time working-hour accounts agreed on with the em- exercises and accompanying project work. ployees’ representatives were introduced at additional sites. Qualifi cations through continuing education: Develop- ing the abilities and qualifi cations of our employees is The pension provisions in place in Hamburg and Lünen a central aspect of the personnel strategy. The main as part of the pension funds issued by the chemical topics in the past year were occupational safety, person- union and the new lifetime working-hour accounts are nel management and languages. New off ers especially In fi scal year / more than becoming increasingly popular. More than of the for female employees were developed and successfully , employees participated in entitled employees covered by collective agreements carried out for the fi rst time. continuing education and develop- took advantage of the off ered demography contribution. ment measures at Aurubis AG for a total of more than , hours.

Key to the symbols p.

RESPONSIBILITY FOR OUR EMPLOYEES

! The EAP (Employee Assistance Pro- gramme), an anonymous external telephone hotline oﬀ ering assistance with job-related and personal problems, was successfully implemented at the model sites last year and was well received by the employees.

Information on the photos p. .

DIVERSITY AND EQUAL OPPORUNITY HEALTH PROTECTION IN THE GROUP Aurubis is employing targeted Working life and demography: The diversity of employ- The targets of health protection are to avoid work-related marketing measures in order to raise interest in Aurubis’ ees in our global Group is viewed and promoted as an accidents and illnesses and to promote mental and industrial jobs among females enrichment. Our employees are individuals and are social well-being in the workplace. Employees’ safety so that the percentage of female assessed according to performance, independently of and health hold the same importance as the economic employees grows in future. For aspects such as background, gender, religion and sexual development of the company. We do not diff erentiate example, the company organ- orientation. We want to be an attractive company for between our own employees, employees from external ised the “Technical University every person and are currently focusing our eff orts on companies or visitors when it comes to this issue. Day”, opening its doors for male older and female employees in particular. Our percent- and female pupils. Relevant universities were presented age of female employees in the Group is . , a low Risks, hazards: Copper production and processing are on the Aurubis premises and level that is typical for the industry ( Fig. ., p. ) . associated with concrete potential hazards. We there- informed the school leavers We provide contact points for complaints that follow fore ensure that every process and every work proce- about courses of study and up on every reported suspicion of discrimination. Viola- dure is subject to an extensive, systematic risk and professional aims. Aurubis uses tions of the prohibition against discrimination lead to hazard assessment before it is carried out. Training for the event fi rst and foremost to consequences in the scope of labour law, such as a internal and external employees as well as the compul- create an interest in engineering warning or dismissal. sory safety standards are based on this assessment. studies among female partici- pants ( p. ). Work-life balance: A balance between work and free Work sector analyses regarding potential eff ects on time is very important to us. Only those who have employees, from chemical substances to thermal radia- enough time for family, friends and personal interests tion and strained posture, form the basis for all of the Health and hygiene circles are motivated in the long term. We try to institute preventive occupational health check-ups routinely have proven to be especially successful in reducing the lead fl exible working hour regulations wherever possible. In carried out at all of the sites as well as targeted health concentration in employees’ the industrial sector in Hamburg and Lünen, we use a promotion programmes . In addition, some sites off er blood. Increased lead values shift system so that mothers and fathers are not away internal consulting related to addiction prevention and were primarily due to dust and from their families for many days at a time. There is an treatment . were reduced below the legal option to be released from work as needed if a family maximum value with technical member is sick. Accident trend: The frequency of accidents based on and organisational improve- the number of lost shifts decreased by . during ments. Co-determination: Good cooperation between em- the past fi scal year; the absolute number of accidents ployees and the corporate management represents fell from to and there were no work-related an important success factor for us. We can only be fatalities. Systematic analyses of accidents and hazard- A safety programme with continuously successful with employees who stand ous situations involving employees and employee targets is established annually in behind our decisions. We are therefore committed to representatives form the basis for “learning from every plant together with plant comprehensive co-determination. On the corporate incidents” across the Group. The communicated and sector managers, Occupa- level, the Executive Board and the Supervisory Board, focuses are the foundation for individual support in tional Safety and the Works which represents the staff , work closely together as the Business Units and at the sites. The occupational Council. Its eff ectiveness is monitored regularly. the highest decision-making bodies. On the working safety and health protection guidelines introduced level, works councils represent employees’ interests in group-wide in are supplemented by topical, bind- Germany. In autumn a European Works Council ing process instructions . was elected, which takes our internationalised Group There are plans to include the into account . new larger sites in the European Works Council.

AURUBIS SUSTAINABILITY REPORT RESPONSIBILITY FOR OUR EMPLOYEES Our personnel in ﬁ gures

About , employees are more than years old. The Fig. .: Age distribution Fig. . : Length of employment skills acquired during one’s working life cannot be replaced for the Aurubis Group as of September for the Aurubis Group in years as of September by young employees without additional measures. With a comprehensive occupational safety and health protection system and systematic personnel development, we take care – – – – – – – – > – – – – – – – > to ensure our older employees’ < < physical and mental capabilities.

Fig. . : Personnel structure Most of Aurubis’ employees work in skilled trades, which is for the Aurubis Group as of September , male Blue collar female White collar typical for industry. The Aurubis female Apprentices Group had , employees as of September . About male of our employees work full-time. male , female Part-time arrangements are fairly rare, mainly due to the shift system.

Fig. . : Human resources in the Aurubis Group

HR Corporate

Compensation & Beneﬁ ts HR Development

HR HR BL FRP & HR Hamburg HR Lünen Southeastern Europe HR Belgium Specialty Wire Global Aurubis AG, Aurubis Belgium, Hamburg Lünen Pirdop Olen Aurubis Sweden Aurubis Bulgaria, Aurubis Italia, Cablo Turkey Brussels Aurubis Mortara RETORTE Aurubis Italia Aurubis Buff alo Aurubis Slovakia, Aurubis Peute Baustoff Aurubis Switzerland Aurubis Finland Stolberg, Aurubis UK, Cablo, Aurubis Netherlands Deutsche Giessdraht, Aurubis UK Aurubis Slovakia Peute Baustoff , RETORTE, Aurubis Sales Force Schwermetall; excluding Aurubis Switzerland, Aurubis Italy HR Stolberg management, RETORTE GmbH apprentices Aurubis Stolberg Schwermetall Deutsche Giessdraht BL FRP Specialty Wire Global: Business Line Flat Rolled Products Specialty Wire Global

RESPONSIBILITY FOR OUR EMPLOYEES

Vocational training in Germany We invest intensively in vocational training and continuing education for our personnel group-wide. The ﬁ gures prove the success of our commitment: the apprenticeship Fig. . : Apprentices and their percentage of the workforce rate has been over for years, and the retention rate for the at the Aurubis Group’s German sites apprentices is well over after they complete their training. Vocational training in Bulgaria Since the dual vocational training system in Germany has stood the test of time over many in percent . . . decades, we decided to introduce it at the Pirdop site as well, where young people are currently being trained in this way for the ﬁ rst time.

The European Works Council and the Group Works Council are / / / represented in the Group Safety Management Committee. Employee representatives and the Executive Board pursue the same target in occupational safety and health protection. Therefore, formal agreements have not been made on the group level up to now. Fig. .: Continuing education measures

number of hours of continuing education for Aurubis AG Our campaign “The W’s” initiated in Hamburg in is an , , , important awareness measure for hazards in daily work. In the meantime, the “ W Campaign” has been expanded to six sites: Aurubis Stolberg, Aurubis Belgium, Aurubis Bulgaria, the Hamburg and Lünen sites and Aurubis Switzerland.

/ / /

Fig. .: Absenteeism due to illness

per ﬁ scal year, consolidated as a -month average . . .

/ / /

Fig. . : Industrial accidents in the Group

per ﬁ scal year LTIFR₍₁₋n₎: occurrence of Excluding former Luvata RPD sites . / . . / . . / . accidents with at least one lost shift per 1 million working hours From now on, we will report the frequency of accidents as LTIFR₍₁₋n₎ LTIFR₍₄₋n₎: occurrence of (lost time injury frequency rate) after using LTIFR₍₄₋n₎, which is cus- accidents with more than three lost tomary in Germany. This enables us to make an international bench- shifts per 1 million working hours mark comparison with companies from similar industries after the

Group average of LTIFR₍₄₋n₎ was below the BG Chemie’s key index for years (BG Chemie LTIFR₍₄₋n₎() = .). / / /

AURUBIS SUSTAINABILITY REPORT SOCIAL RESPONSIBILITY Where we see the roots of our social commitment

We live our responsibility for people and the environment every day by orienting our core business towards sustainability criteria.

Being economically successful in the long term does Strategy and targets not only require an excellent environmental balance ENGAGING TOGETHER and highly motivated employees. Good and honest Our social commitment, which we have pursued since relationships with the people at our sites, where we are the beginning at all of our sites, follows a clear strategy. among the biggest employers, are just as important. Our expenditures for sponsoring and donations are Financial and logistical support of social, ecological intended to have the most positive infl uence possible and cultural projects is thus a matter of course for us on society and, likewise, on our company. In order to and has been integrated seamlessly into Aurubis’ spec- allocate funds in a targeted manner, we have estab- trum of entrepreneurial responsibility. We involve the lished what we would like to achieve with our involve- Aurubis Bulgaria started the people at our sites in the company’s success and enrich ment. We pursue fi ve objectives with our activities: “Green Project” in , allowing the quality of life on-site beyond economic aspects. employees to make an active We realise that we can only benefi t from a lively envi- » We want to increase Aurubis’ name recognition contribution to the successful ronment in which people feel good and appreciate our at the sites environmental protection work. presence. To us, our donations and sponsoring activi- » We want to be perceived as a responsible With the help of eff ective commu- ties are investments that pay off . and dedicated company nication and its own logo, training and activities, the project’s purpose » We want to continuously improve our is to raise awareness of environ- employees’ motivation mental protection sustainably. » We want to get people interested in our company and our work to gain new qualifi ed employees » We want to connect our customers to us in the long term

We do not lose sight of the locations or content of our main business in the process. The projects we support should have local relevance. We concentrate on the areas surrounding our production and processing sites. We are familiar with these locations and can achieve a great deal there in cooperation with the authorities and the community. Ideally, this proximity coincides with our copper expertise. Presenting the various uses of this fascinating material to the public is an important part of our charitable activities. For example, we have Aurubis Bulgaria is an offi cial partner of the international provided new copper for the renovation of several exhibition “Transform”, where art students present their work. churches in Hamburg and recycled the copper scrap. The project supports young artists from Southeastern Europe – including writers – and is held in a diff erent country every year. It was sponsored as part of the partnership with the National Academy of Arts in Sofi a, which has been in place since . In this context, Aurubis Bulgaria also promotes art in public spaces, art competitions and art education for children from the area surrounding the Pirdop site.

SOCIAL RESPONSIBILITY

Photos from our employee photo competition “Up close – my workplace at Aurubis”. Additional information on p. .

Organisation Challenges THINKING GLOBALLY SUPPORTING LOCALLY COMMITMENT WITH FORESIGHT The sponsoring team includes The responsibility and organisation of Aurubis’ social With the international expansion in , we are also employees from the Group Com- commitment at the Hamburg and Lünen sites rests with faced with the challenge of implementing and harmo- munications department and the the sponsoring team. The team discusses new grant nising our concept worldwide as regards our social Event Management department. applications once a week and decides which activities commitment. Despite central strategic control by the Social commitment is part of the will be supported. The sponsoring team oversees the sponsoring team, we want to take local distinctions at CEO’s scope of responsibilities. sponsoring budget in close cooperation with the CEO. our sites into account and make sponsoring decisions as independently as possible – a balancing act for which we are well positioned.

Apart from the new company structure with the former Luvata sites, probably the biggest challenge for the future is the present economic situation. Many companies are anxious due to factors such as the euro crisis and are making cuts that include funding for social activities. In contrast, we view social commitment as an essential contribution to our success and do not plan any signifi cant cuts. On the contrary, it (from l. to r.) Michaela Juschkus is our aim to maintain our long-term commitment (Head of Event Management), Our subsidiaries submit grant applications to the spon- despite the uncertain economic and political environ- Michaela Hessling (Head of Group soring team but make decisions themselves based on ment. In order to continue our activities in the com- Communications), Kirsten Kück their experience on site; the activities are covered by munity to the usual extent, we believe it is necessary and Simone Tasche (both from their own budgets. If sponsoring requests exceed an to review projects closely and to give preference to Group Communications) established amount, the sponsoring team is included those with especially high and sustainable added value in the assessment. All sites report their sponsoring for the community and the company. activities to the sponsoring team annually. We have kept our sponsoring budget at the same level We have established criteria for the concrete selection during the past three fi scal years. This will likely of projects that deserve support, which serve as a guide continue in fi scal year /, as our activities are for our sponsoring team and those responsible for planned for the long term. Regional projects near our sponsoring at the individual sites. We support projects: sites often rely on fi nancial planning and security, » with a special connection to copper which is why we support various projects continuously » demonstrating a social and environmental over many years. commitment » that promote culture » that support education, science and teaching » that promote sports and young people in order Additional information on the to establish team spirit and social skills topics presented here can be found on our website responsibility/commitment/

Key to the symbols p.

AURUBIS SUSTAINABILITY REPORT SOCIAL RESPONSIBILITY

(picture at left) “Project MINTprax”: a pupil at the Stadtteilschule Barmbek ﬁ les a piece of copper

(picture at right) Draga Sapundjieva (nd from l.), Aurubis Bulgaria’s Social Project Coordinator, and George Nikolov (centre), Aurubis Bulgaria’s General Secretary, visit the kindergarten in Pirdop.

YOUTH SUPPORT WE SPARK YOUNG SOCIAL ENGAGEMENT WE OFFER SUPPORT Beyond the cooperative PEOPLE’S INTEREST IN AURUBIS WHERE IT IS NEEDED MOST projects that have existed for Like many other companies, Aurubis is facing a consid- We are convinced that we as a company can only many years, we collaborated erable shortage of young people, especially in technical be successful in the long term if we are an active part with additional schools during occupations. At the same time, school-leavers with a of a society worth living in, in which everyone ac- the reporting period, e. g. as basic level of education and pupils with a migrant back- knowledges and appreciates our business’ positive part of the MINTprax project ground are confronted with diffi culties as they begin contribution. This kind of society has to off er pros- with the Stadtteilschule Barm- bek in Hamburg. In this project, their careers. We do not want to simply accept this pects to disadvantaged people in particular and im- vocational trainers go to the problem, but to fi nd solutions – for the good of the prove their life situation. We also want to do our part school and introduce pupils to company, the young people concerned and the local to contribute to this. technology. community. Youth support in cooperation with schools www.mintprax.de and universities is therefore a signifi cant element of our We cooperate with local institutions in order to create social commitment . far-reaching positive momentum. In Bulgaria, for example, we are involved in education, assistance for the Concretely, we strive to simplify the transition from disabled and unemployed and the integration of minori- school to work in several projects. We collaborate with ties in the towns surrounding the Pirdop site, and we the Schule Slomanstieg in Hamburg and the Käthe- support the hospital’s paediatric ward and the local Kollwitz-Gesamtschule in Lünen. We enable pupils to orphanage. However, not only the company but the learn about everyday work at Aurubis as part of plant employees themselves are active, e. g. donating money tours and short internships. In addition, our employees and items to the “Grandmother-Child Foundation”, serve as ambassadors who provide insights into the which enables senior citizens to volunteer their time working world during class visits. We also pursue this to look after children. Furthermore, the company sup- combination of theory and practice with our university ports sports clubs and music groups, the renovation partnerships ( p. ). For example, in Bulgaria, Aurubis of schools in the region and the construction of youth Aurubis would like to raise interest among pupils for the supports universities and schools ( p. ) with funding sports centres. subjects of maths, informatics, and internship off ers. natural sciences and technology Aurubis Bulgaria has been recognised for its activities (the so-called MINT subjects) as several times ( p. ). early as possible and promote it long-term together with schools.

Youth project -Plus can continue following school reform

Aurubis was awarded the SchulMerkur prize by the Hamburg Chamber of maths and English. Following the internship, there is an opportunity to stay on Commerce in for the -Plus project, which started in summer as an apprentice. together with the Schule Slomanstieg. The prize acknowledged our work in promoting dialogue between schools and the business sector to the special The secondary school level at the Schule Slomanstieg, and consequently the advantage of young people. The transition from school to working life takes -Plus project, were previously on the verge of being discontinued. However, centre stage in the -Plus programme. We create prospects for disadvantaged in November the school authorities decided to convert the school into a youth while simultaneously counteracting our problem fi nding new employees. district school, which saved the project. It can therefore take place for the sixth time during the / school year. A total of young people participated in The project comprises a one-year internship for young people with basic school the -Plus project from to , of whom were off ered an apprentice- qualifi cations, who are trained in the plant while receiving lessons in German, ship. Twelve people are taking part in the programme in training year /.

SOCIAL RESPONSIBILITY

(from l. to r.)

Poster for the copper exhibition “Treasures of the Andes”

Etcher Wolfgang Werkmeister

The players of the ﬁ rst-league volleyball team VT Aurubis Hamburg in the new CU Arena

CULTURE, ART AND ARCHITECTURE SPORT SPONSORING MOVEMENT IN COPPER AT ITS BEST EVERY SENSE OF THE WORD Cultural institutions and events, art and architecture Fairness and teamwork guide us daily in our work and enrich our lives and have an infl uence that often ex- enable our success. tends well beyond city boundaries. In many cases, however, there is a lack of funding to make museums, Through our commitment to popular sports, we carry concerts and art projects a reality. We are therefore our values beyond the boundaries of the Group, out involved in cultural issues at our sites, contributing to into society and to young people in particular. For dec- an appealing, varied and abiding cultural landscape. ades we have continuously sponsored a range of sports clubs involved in several diff erent sports. Whether Culture We supported diff erent projects and artists in volleyball, handball, football or sailing – we always make fi scal year / as part of our cultural sponsoring, sure that our projects have a long-term eff ect, even if including an exhibition about the work of the renowned they are limited in time. This gives the clubs the neces- Copper is among the fi rst artist Wolfgang Werkmeister at the Altonaer Museum. sary security to plan and organise projects so that they metals used by humans and, with We have enthusiastically followed the career of this can concentrate fully on their sport and rise to new its unique properties, is one of our artist, who produces his etchings with the help of cop- heights of performance. We are particularly proud of oldest building materials. In the twentieth century, the historical per printing plates, for years. His works decorate the the fact that we continue to support the women of the role of copper changed from a rooms and hallways of our Group headquarters, so it fi rst-league volleyball team VT Aurubis Hamburg, which durable roofi ng material to an was important to us to be able to make a contribution came in sixth place in the / season. In the / architectural “skin” that can cover in this area. Another example is the copper exhibition season, VT Aurubis Hamburg is pursuing the strategy of all surfaces and form facades. The “Treasures of the Andes”, which you can read more enhancing the professional aspects surrounding the ductility of copper sheet allows about on p. . high-performance sport. Among other developments, it to be used as a covering for all the new volleyball court in the Bürgerzentrum Süder- kinds of architectural elements, as the surfaces can be fl at, raised or Architecture Copper is a fascinating material. It is im- elbe (a local community centre) – the new CU Arena – faceted and executed at any angle possible to imagine everyday life without it. However, has contributed to this since December . CU stands in any environment. the “red gold” is usually hidden, for example in electri- for copper on the one hand, but also for “See you – cal appliances or cables. In contrast, it can truly shine Volleyball meets friends”, the fact that visitors now when it is used in architecture. Whether in modern frequent the new, modern court, which fulfi ls the museums or time-honoured monuments: copper has requirements for international games. been used since the very beginning and is re-interpreted time and time again. Aurubis Bulgaria supported the large national biking The acquisition of the former event “st Cycling Tour of Bulgaria” in for the Luvata RPD in brought distinctions in the architectural We are pleased when our product gains prominence due second time in a row. Many employees and children of sector along with it as well: three to its use in public spaces. Therefore, we are involved in employees actively took part in this event – as cyclists, projects which utilised copper maintaining signifi cant copper structures. The copper fans and advertisers for Aurubis. products from Aurubis’ Nordic for the roofs of the main Hamburg churches, St. Jacob brand received the “European and St. Peter, came from Aurubis. We also supplied the Copper in Architecture Award” in material for the Church of St. Katherine and the famous . The architectural industry Church of St. Michael and recycled the copper scrap. off ers Aurubis excellent opportunities to make the company as well as copper even more well-known through contemporary design.

AURUBIS SUSTAINABILITY REPORT SOCIAL RESPONSIBILITY Examples of our social commitment

To provide you with an idea of our social commitment, we present ﬁ ve of our sponsored projects here – one from each of our ﬁ ve main categories ( p. ).

Projects with a special connection to copper Projects that promote culture You can fi nd additional informa- Treasures of the Andes The Chilean Corporación Concert du Printemps The classical concert series tion about the projects presented Nacional de Cobre de Chile (CODELCO), the world’s “Concerts du Printemps” (“Spring Concerts”) takes here online chile-ausstellung. most important copper mining company, and the place in the abbey of Val-Dieu, a former convent in the bergbaumuseum.de/ German Mining Museum in Bochum designed tri-border region of Belgium, Germany and the Nether- www.sdw-hamburg.de/ and implemented the exhibition “Treasures of the lands. It is no accident that Aurubis Belgium and the das-umweltmobil-rollt-wieder/ Andes – Chile’s Copper for the World”. It deals with Aurubis subsidiary Schwermetall in Stolberg sponsor http://betagreen.de/ the achievements of South American and particularly this event: on the one hand, the Head of Production website_wm/index.html Chilean mining in copper recovery and supplying and Sales at Schwermetall, André de Leval, has been the world with this essential metal. The exhibition one of the volunteer organisers of the concert series focuses on the importance of copper for the (cultural) since – on the other hand, our material, copper, history of humanity as well as the national and inter- plays an indispensable role in making instruments. national economic signifi cance of CODELCO and its open-cast and underground mining facilities, which Projects that support education, are among the largest of their kind in the world. science and teaching Various exhibits on loan from Aurubis’s Hamburg, Betagreen The international technology competition Lünen and Stolberg sites illustrate modern-day “F in Schools”, which involves a Formula champion- copper production methods. ship exclusively for school teams, has been taking place for eleven years. The teams’ tasks comprise the whole Projects demonstrating a social and spectrum of the “big Formula ”, from car development environmental commitment and simulation to manufacturing, marketing, sponsor- Environment Mobiles for environmental awareness ing and PR up to the actual race itself. Aurubis has Aurubis AG has supported the environmental education supported the Hamburg team “Betagreen” since it was work of Hamburg’s local branch of the German Associa- founded. In the season the team won the Vice tion for the Protection of Forests and Woodlands since World Champion title and the prize for Best Research by sponsoring the “Environment Mobile”. This is and Development endowed by Pirelli. a rolling classroom that provides young visitors with information and crafts related to the topic of climate Projects that promote sports and young people in protection and conservation. There is space for chil- order to establish team spirit and social skills dren at seven workbenches in the Environment Mobile. Small athletes, big tests Sport certifi cates are more The equipment includes technical instruments such as important than ever today, because they create an microscopes and other laboratory devices, video equip- awareness for one's own health and physical fi tness. ment and a water reservoir that is used in a variety of The earlier that happens, the better. At the Stolberg projects for children. Aurubis’ support not only makes site, Aurubis is sponsoring a project enabling all the it possible for the Environment Mobile to visit schools children at the local primary schools to earn a German and public events free of charge, but also contributed Youth Sport Certifi cate - without having to pay an to a second Environment Mobile in autumn . entry fee. And this support shows concrete results: a total of four Stolberg schools were recognised by the Another focus of this key area is social projects. Aachen Regional Sport Association for their especially Examples can be found on p. . good achievements compared to the state average in .

SOCIAL RESPONSIBILITY

Multi-metal recycling at the Aurubis Group

Old mobile phones and electronic scrap: a curse or a blessing? Questions for Stefan Georg Fuchs, Head of Electronic Scrap Procurement and Deputy Head of Commercial Recycling.

“Is it true that there are huge amounts of gold in mobile “What can be done to prevent people from endangering phones that cannot be recovered because people keep the themselves and polluting the environment?” phones in their drawers at home?” “The EU’s Waste Electrical and Electronic Equipment Direc- “The estimate in Europe is at least one or two devices per tive, WEEE for short, regulates the return of old devices. person. Up to . g of gold can be found in each mobile According to WEEE, it is illegal to export non-functioning phone – that’s not more than € . at today’s gold prices. devices to countries that do not provide organised disposal Stefan-Georg Fuchs, There are other metals contained in them that maybe for this waste. However, the export of functioning devices Head of Electronic Scrap amount to € . in total. But it requires a great deal of is legal. The problem is that this loophole is not suffi ciently Procurement and Deputy Head eff ort to process mobile phones for this purpose. So there monitored. Unscrupulous merchants market electronic of Commercial Recycling are large quantities overall in Europe, but they cannot be scrap in regions that don’t have a suitable recycling system. recovered in an economic fashion, as used mobile phones The extent of the illegal export of old devices has increased are sold online for up to € . In addition, if we look at the so much that Interpol has even established its own depart- German market, mobile phones represent only a small ment to counteract it. In order for WEEE recycling to be a proportion of electronic scrap at about , t. Comput- success, exports must be monitored better and the wherea- ers, circuit boards, TVs, household appliances, etc. amount bouts of old devices must be documented. And it should to about one million t annually.” become a matter of course that our old devices are only given to authorised recyclers.” “How can that be? Where is the catch?” “Mobile phones are sold on eBay, etc. at prices that are “Thank you, Mr Fuchs!” often up to ten times more than the metal value. The buyers assume that most of the devices are still functional and can be sold again – in areas in which many people cannot aff ord a new mobile phone. That’s okay in principle, but when these devices are fi nally broken, they are dis- posed of there with questionable methods.”

“What do you mean by ‘questionable methods’?” “In these regions, people of all ages process giant piles of electronic scrap without any occupational safety measures and remove metal parts from old devices with the simplest tools. Leftover parts that can’t be reused are simply burnt. In the process, heavy metals such as lead and mercury, which are found in batteries, ﬂ at-screen TVs, etc., can lead to environmental damage but, more importantly, to sig- niﬁ cant health problems as well.”

AURUBIS SUSTAINABILITY REPORT How others view our work A selection of external prizes and distinctions

January December “German Economic Prize ” “Donor Company of the Year” Aurubis Bulgaria is distinguished in the “Large Company” Aurubis Bulgaria receives the certifi cate in the “Highest category in Sofi a for its capital expenditure at the Pirdop site. Financial Donation Volume” category from the Bulgarian The prize is awarded by the German-Bulgarian Chamber of Donor Forum. Industry and Commerce. March April st prize at the regional competition “Youth Research” “IN--Awards” Distinction for the specialised chemistry work carried out by Aurubis Bulgaria is distinguished by the Bulgarian Industrial the pupil Hannah Schlott; she was supervised by RETORTE. Association in the “Industry” category. This acknowledges the company’s contribution to the Bulgarian economy through its June capital expenditure at the site. “The Greenest Company in Bulgaria ” Aurubis Bulgaria is honoured in the “Industry and Production July Sector” category for its capital expenditure for environmental “Plant with an exemplary occupational health system” protection. The prize is awarded by bb. Dietrich Wersich, president of the Hamburg Authority of Social Aff airs, Family, Health and Consumer Protection, confers July this distinction in the Hamburg plant. “Eaton Premium Supplier Award” The performance at the Hamburg site has therefore been As in the previous year, Aurubis Stolberg is recognised as a recognised twice already. fi rst-class supplier for and also receives the “Supplier Excellence Award” for . July “Supplier Excellence Award” September Aurubis Stolberg is honoured for its excellent performance as Special “Integration” award “Premium Supplier” of the Eaton Corporation (Cleveland, USA) As part of the “Hamburg’s Apprentice of the Year ” in . competition, Bulut Sarat, an apprentice at the Hamburg site, receives the special award. (A collaboration between the August Chamber of Commerce and Skilled Trades and the BILD news- “Responsible Care Prize” paper.) www.azubidesjahres.de Aurubis Hamburg is honoured by the Chemical Industry Association (State Association North) for its involvement September in the “Qualifi cation and Training Programme -Plus”. “European Copper in Architecture Award ” Three projects that work with Nordic Copper from Aurubis October were honoured. Nordic Copper is fabricated at the Pori site. “Best Training Company” Stefan Schröder, an apprentice at the Lünen site, is one of October the best apprentices in the federal state of North Rhine- “Sponsor of the Year ” Westphalia. The distinction is conferred by the Chamber of The distinction is awarded to Aurubis Bulgaria by the Bulgarian Industry and Trade in Ostwestfalen zu Bielefeld. Minister of Economy and Industry Traycho Traikov.

November “Hamburg European Green Capital ” As an environmentally friendly company, Aurubis is recognised by the Hamburg Authority for Urban Development and the Environment (BSU) as an environmental partner of the initiative “Environmental Partnership: Project ” as part of “Hamburg European Green Capital ”.

Glossary

Anodes » Environmental management » The end product of pyrometallurgical copper production. The environmental management or environmental management Positive polarised electrodes of a tankhouse cell. Copper system in a company is concerned with the business environ- content about . mental (protection) requirements and those of the authorities. Its purpose is to ensure the sustained environmental compat- Compliance » ibility of the company’s products and processes as well as the Compliance means conduct that conforms to certain rules. conduct of its employees. Apart from laws, directives and other governmental standards, it also refers to corporate guidelines (e. g. codes of conduct). EU Emission Trading System » The European Union Emission Trading System (EU ETS) limits Continuous cast wire rod » CO₂ emissions within the EU, where companies are allocated Semi-fi nished product produced in a continuous process for emission rights in the form of tradable certifi cates. the fabrication of copper wire. Standard diameter: mm. Other dimensions can also be supplied. Iron silicate » A by-product of copper production in the refi ning process. Copper cathodes » Formed using sand from iron chemically bonded to copper Quality product of the copper tankhouse (copper content above concentrates and recycling raw materials. Is mainly used in the . ) and the fi rst marketable product in copper production construction industry as granules/sand or in a lumpy form. which can be sold on the metal exchanges. KRS » Copper concentrates » Kayser Recycling System; a state-of-the-art recycling plant in A product resulting from the processing (enriching) of copper Lünen for the treatment of a wide range of copper-bearing ores, the Aurubis Group’s main raw material. Since copper is secondary raw materials. found almost exclusively in ores in compound form and in low KRS-Plus: Expansion of the existing KRS facility that includes concentrations (. to copper content), the ores are en- a top blown rotary converter ( p. /). riched into concentrates (copper content of to ) in processing facilities after extraction from the mine. LME » London Metal Exchange: the most important metal exchange in Copper tankhouse » the world with the highest sales. In the copper tankhouse an electrochemical process, the last refi ning stage in copper recovery, takes place. Anodes and Primary copper » cathodes are hung in a sulphuric acid solution (electrolyte) and Copper recovered from copper ores. connected to an electric current. Copper and baser elements Secondary copper » (e. g. nickel) are dissolved in the electrolyte. Copper from the Copper produced from recycled material. solution is deposited on the cathode with a purity of more than . . More precious metals (e. g. silver and gold) and insolu- Sustainability » ble components settle as so-called anode slimes on the bottom The concept of sustainability originally described the use of a of the tankhouse cell. regenerative natural system in such a way that this system can be maintained at a certain rate or level and thus its supply can Emissions » subsequently grow back by natural means. The Brundtland In general, the discharge of disruptive factors into the Commission of the United Nations has defi ned sustainability as environment – e. g. by-products or chemical substances that development that satisfi es the needs of the present without are a hazard to health or the environment. An important aim compromising the ability of future generations to meet their of environmental protection is to suppress or reduce hazardous own needs. As a corporate perspective, the concept of sustain- emissions as far as possible in order to avoid environmental ability demands economically viable, ecologically compatible pollution, such as air, soil or water contamination, and at the and socially just development. same time to protect people from pollution in their homes and workplaces.

AURUBIS SUSTAINABILITY REPORT GRI Index Aurubis’ Sustainability Report is oriented to the guidelines of the Global Re- credible and easier to compare, bringing them up to the same standard as porting Initiative (GRI G) as well as the sector supplement Mining & Metals fi nancial reports. In addition to information on the planning, content and qual- (Final Version). The guidelines, which were drawn up by the independent non- ity of reporting, the guidelines also contain a catalogue of information that profi t organisation GRI based in Amsterdam, assist companies in the regular ought to be published, such as management approaches and indicators for reporting of their social, ecological and economic performance. In this way, diff erent areas. In our own opinion, Aurubis reaches Level C as regards the sustainability reports are to become more complete, more transparent, more application of the GRI guidelines.

ADDITIONAL INFORMATION NOTES ON THE GRI INDEX is available in various media and publications: ••• We are answering this indicator. Reference to an external website •• We are answering part of this indicator. Reference to our website http://www.aurubis.com/en/ with the following URL • We are currently not answering this indicator. Reference to downloads on our website Light grey: replying to light grey additional indicators is optional http://www.aurubis.com/ﬁ leadmin/media/documents/en/ with the following URL Copper-coloured: indicators from the sector supplement Mining & Metals Reference to our Environmental Report Reference to our Annual Report /

Indicator and Description References and Notes Compl. STRATEGY AND ANALYSIS . Statement from the CEO p. – ••• . Impacts, risks and opportunities p. – , , p. , •••

ORGANISATIONAL PROFILE . Name of the organisation Aurubis; p. ••• . Primary brands, products and/or services p. –, , / ••• . Operational structure of the organisation Front inner fl ap, p. , corporate group/ ••• . Location of organisation’s headquarters Hamburg, p. ••• . Countries of main production sites Front inner fl ap ••• . Nature of ownership and legal form Joint-stock company; p. ••• . Markets served Front inner fl ap, p. , / ••• . Scale of the reporting organisation Front inner fl ap, p. /, ••• . Signifi cant changes regarding size, structure or ownership p. – , , /, p. , ••• . Awards received in the reporting period p. •••

REPORT PARAMETERS . Report profi le: Reporting period January to December ; p. ••• . Report profi le: Date of most recent previous report ; p. ••• . Report profi le: Reporting cycle Annually, p. ••• . Report profi le. Contact point for questions about the report p. ••• . Process for defi ning report content p. ; basis: stakeholder survey (reporting period ) ••• . Boundary of the report p. ••• . Specifi c limitations on the scope of the report p. ••• . Basis for reporting on joint ventures, subsidiaries, external operations and facilities p. ••• . Data measurement techniques and the bases of calculations and estimations p. , ••• . Signifi cant changes from previous reporting periods in the scope, boundary or measurement methods p. ••• . GRI Content Index p. – ••• . Assurance None •••

GOVERNANCE, COMMITMENTS AND ENGAGEMENT . Governance structure p. , , , corporate-group/management/ ••• . Independence of Supervisory Board Chairman p. , corporate-group/management/supervisory-board/ ••• . Independence of the Supervisory Board p. , corporate-group/management/supervisory-board/ ••• . Shareholders’ and employees’ right to provide recommendations or direction p. , p. , ••• . Compensation of Supervisory Board and Executive Board independently of performance p. , Sonstiges/Verguetungssystem_VS_ ••• Incentive_.pdf . Avoidance of confl icts of interest p. , corporate-group/management/enviromental- ••• policies-management-principles-code-of-conduct/ . Qualifi cations and experience of Supervisory Board and Executive Board members p. ••• . Internal guidelines, code of conduct and principles p. , corporate-group/management/enviromental- ••• policies-management-principles-code-of-conduct/ . Overseeing of economic, ecological and social activities by the Supervisory Board p. ••• . Evaluation of Supervisory Board’s performance p. ••• . Precautionary approach in the company p. , p. , ••• . Agreements, principles, initiatives and memberships p. ••• . Membership in associations and advocacy organisations p. , Sonstiges/Memberships.pdf ••• . List of stakeholder groups engaged by the organisation p. ••• . Basis for identifi cation and selection of stakeholders with whom to engage p. ; basis: stakeholder survey (reporting period ) ••• . Approaches to stakeholder engagement p. , ••• . Questions, concerns and topics of stakeholders p. , ; Sustainability Report , p. ; stakeholder survey ••• will also have an infl uence on the sustainability strategy that is being developed in

Indicator and Description References and Notes Compl. ECONOMIC Management approach p. – , /, p. ﬀ •••

ECONOMIC PERFORMANCE EC Direct economic value generated and distributed p. , / ••• EC Financial implications of climate change and other associated risks and opportunities Results of the BDI initiative “Business for Climate Protection” ••• (supported by Aurubis and others), www.bdi.eu/download_ content/Marketing/BDI_Klimabroschuere.pdf EC Coverage of the organisation’s defined benefit plan obligations p. , p. / ••• EC Significant financial assistance received from government p. , ; CIS Solartechnik ••• (about € . million in FY / and /)

MARKET PRESENCE EC Range of ratios of standard entry level wages compared to local minimum wage Not specified • EC Policy, practices and proportion of spending on locally-based suppliers p. ••• EC Local hiring and proportion of senior management hired from the local community p. , /, •••

INDIRECT ECONOMIC IMPACTS EC Development and impact of investments in public infrastructure and services p. – ••• EC Type and extent of signiﬁ cant indirect economic impacts Particularly wages and salaries, ••• social expenses for employees, p.

ENVIRONMENTAL Management approach p. / •••

MATERIALS EN Materials used by weight or volume p. , p. (Hamburg), (Lünen) ••• EN Percentage of materials used that are recycled input materials p. , , p. (Hamburg) •••

ENERGY EN Direct energy consumption by primary energy source p. , p. , , , , , , , , , , , ••• EN Indirect energy consumption by primary energy source p. , p. , , , , , , , , , , , ••• EN Energy saved due to conservation and effi ciency improvements p. , ff , , ff , ff , , , , , , , , , , ••• EN Initiatives to provide energy-effi cient products and services (incl. renewable energies) p. , , p. /, ff ••• EN Initiatives to reduce indirect energy consumption and reductions achieved p. , p. – ••

WATER EN Total water withdrawal by source p. , , p. (Hamburg), (Lünen) •• EN Water sources signiﬁ cantly aﬀ ected by withdrawal of water p. , p. (Hamburg), (Lünen) •• EN Percentage and total volume of water recycled and reused p. / ••

BIODIVERSITY EN Land near protected areas (incl. areas of high biodiversity value) Hamburg site adjacent to Elbe estuary (Natura ) •• Olen site adjacent to Olens Broek EN Impacts of business activities on biodiversity (in protected areas and areas of high biodiversity value) p. , p. (Hamburg), (Lünen) •• MM Amount of land disturbed or rehabilitated p. , p. (Hamburg), (Lünen), (Stolberg) •• EN Habitats protected or restored p. , p. (Lünen) •• EN Strategies, current actions and future plans for managing impacts on biodiversity p. / , , p. , /, , –, , /, , , , , •• , , , , , , , MM Number and percentage of sites requiring biodiversity management plans, Not specifi ed • and number (percentage) of those sites with plans in place EN Endangered species (IUCN Red List) with habitats in areas aff ected by operations Not specifi ed •

EMISSIONS, EFFLUENTS AND WASTE EN Total direct and indirect greenhouse gas emissions by weight p. , p. , , /, , , , , , ••• EN Other relevant greenhouse gas emissions by weight No relevant emissions (N₂O, CH₄, FCKW) ••• EN Initiatives to reduce greenhouse gas emissions and reductions achieved p. , , p. – , –, , , , , , , , , , ••• , , / EN Emissions of ozone-depleting substances by weight No relevant emissions (FCKW, etc.) ••• EN NOx, SOx and other signifi cant air emissions by type and weight p. , , p. ff , , ff , , , , , , , , ••• EN Total water discharge by quality and destination p. , p. /, , , , , , , , , , , , , ••• , EN Total weight of waste by type and disposal method p. , p. , , , , , , , •• MM Total amounts of overburden, rock, tailings and sludges and their associated risks p. , p. , , , , , , , /, •• EN Total number and volume of signifi cant spills p. , p. (Hamburg), (Lünen) •• EN Weight of transported or treated waste deemed hazardous, p. (Hamburg), (Lünen) •• percentage of transported waste shipped internationally EN Aff ected bodies of water (identity, size, protected status and biodiversity value) No or insignifi cant negative impacts on protected status and ••• biodiversity of bodies of water requiring special protection

PRODUCTS AND SERVICES EN Initiatives to mitigate environmental impacts of products and services Not relevant since Aurubis produces primary products that are ••• used in various end products EN Packaging materials that are reclaimed from products sold Many products do not have any packaging. Transport packag- ••• ing is reclaimed. Packaging quantity not relevant in relation to product quantity

AURUBIS SUSTAINABILITY REPORT Indicator and Description References and Notes Compl. COMPLIANCE EN Signifi cant fi nes and non-monetary sanctions for non-compliance with environmental laws and regulations No signifi cant fi nes •••

TRANSPORT EN Signiﬁ cant environmental impacts of transporting products, materials and members of the workforce p. , p. (Hamburg), (Lünen) ••

OVERALL EN Total environmental protection expenditures and investments by type p. , p. , , /, , , , , , •••

LABOUR PRACTICES AND DECENT WORK Management approach p. / •••

EMPLOYMENT LA Total workforce by employment type, employment contract and region Front inner ﬂ ap, p. ••• LA Total rate of employee turnover by age group, gender and region p. ••• LA Beneﬁ ts provided to full-time employees p. , p. •••

LABOURMANAGEMENT RELATIONS LA Percentage of employees covered by collective bargaining agreements Not speciﬁ ed • LA Minimum notice period(s) regarding signiﬁ cant operational changes p. ••• MM Number of strikes and lock-outs None •

OCCUPATIONAL HEALTH AND SAFETY LA Percentage of total workforce represented in occupational health and safety committees ; p. ••• LA Injury, occupational diseases, lost days, absenteeism and work-related fatalities p. , ••• LA Education, counselling, prevention: assistance for employees regarding serious diseases p. – ••• LA Health and safety topics covered in formal agreements with trade unions p. •••

TRAINING AND EDUCATION LA Average hours of training per employee p. •• LA Programmes for skills management and lifelong learning p. , ••• LA Percentage of employees receiving regular performance and career development reviews p. ••

DIVERSITY AND EQUAL OPPORTUNITY LA Composition of governance bodies and breakdown of employees by gender, age group, p. / ••• minority group membership and other indicators of diversity LA Ratio of basic salary of men to women by employee category Not speciﬁ ed •

HUMAN RIGHTS Management approach Not speciﬁ ed •

INVESTMENT AND PROCUREMENT PRACTICES HR Percentage and total number of signifi cant investment agreements that take human rights into account p. •• HR Percentage of signifi cant suppliers and contractors that have undergone screening on human rights and Not specifi ed • actions taken HR Total hours of employee training on policies and procedures concerning aspects Not specifi ed • of human rights and percentage of employees trained

NONDISCRIMINATION HR Total number of incidents of discrimination and actions taken None •••

FREEDOM OF ASSOCIATION AND COLLECTIVE BARGAINING HR Operations identiﬁ ed in which the right to exercise freedom of association and collective The Aurubis Code of Conduct (Guidelines ) applies; p. , •• bargaining may be at risk, and actions taken corporate-group/management/enviromental-policies- management-principles-code-of-conduct/

CHILD LABOUR HR Operations identiﬁ ed as having a risk for incidents of child labour, and measures taken Not relevant •••

FORCED AND COMPULSORY LABOUR HR Operations identiﬁ ed as having a risk for incidents of forced or compulsory labour, and measures taken Not relevant •••

SECURITY PRACTICES HR Percentage of security personnel trained in the organisation’s policies or procedures concerning human rights of the security personnel in Hamburg were trained ••

INDIGENOUS RIGHTS MM Total number of operations taking place in or adjacent to Indigenous Peoples’ territories, and number and Not relevant ••• percentage of operations or sites where there are formal agreements with indigenous communities HR Total number of incidents of violations involving rights of indigenous people and actions taken Not relevant •••

SOCIETY Management approach p. – , / •••

COMMUNITY SO Programmes and practices that concern the impacts of operations on communities p. , / ••• MM Disputes relating to land use, customary rights of local communities and Indigenous Peoples Not relevant ••• MM Grievance mechanisms used to resolve disputes relating to land use, customary rights of local Not relevant ••• communities and Indigenous Peoples, and the outcomes

Indicator and Description References and Notes Compl. ARTISANAL AND SMALLSCALE MINING MM Operating sites where artisanal and small-scale mining takes place, and the associated risks Not relevant ••• and preventive actions taken

RESETTLEMENT MM Resettlements that have taken place (site, number of households resettled Not relevant ••• and how their livelihoods were aﬀ ected)

CLOSURE PLANNING MM Operations with closure plans (percentage and number) p. ; CIS Solartechnik, front inner flap; Finspång (SE) site: ••• the plan is to cease production by the nd half of ; Yverdon-Les-Bains (CH) site: the plants are to be relocated to Olen (B)

CORRUPTION SO Business units analysed for risks related to corruption (percentage and number) p. •• SO Percentage of employees trained in organisation’s anti-corruption procedures p. ••• SO Actions taken in response to incidents of corruption p. •••

PUBLIC POLICY SO Public policy positions and participation in public policy development and lobbying p. /, ••• SO Contributions (ﬁ nancial and material) to political parties, politicians and related institutions None •••

ANTICOMPETITIVE BEHAVIOUR SO Legal actions for anti-competitive behaviour, anti-trust and monopoly practices and their outcomes None •••

COMPLIANCE SO Signiﬁ cant ﬁ nes and non-monetary sanctions for non-compliance with laws and regulations None •••

PRODUCT RESPONSIBILITY Management approach p. / •••

MATERIALS STEWARDSHIP MM Materials stewardship (programmes and progress) p. , /, , •••

CUSTOMER HEALTH AND SAFETY PR Optimisation of products and services with respect to customer health and safety p. / ••• PR Non-compliance with regulations and voluntary codes concerning health and safety impacts No incidents ••• of products and services

PRODUCT AND SERVICE LABELLING PR Type of product and service information required by procedures p. ••• PR Non-compliance with regulations and voluntary codes concerning product and service information No incidents ••• PR Practices related to customer satisfaction, including results of surveys on customer satisfaction p. •••

MARKETING COMMUNICATIONS PR Programmes for adherence to laws, standards and voluntary codes related to marketing communications The Code of Conduct applies; p. ••• PR Non-compliance with regulations and voluntary codes related to marketing communications Not relevant •••

CUSTOMER PRIVACY PR Substantiated complaints regarding breaches of customer privacy No complaints •••

COMPLIANCE PR Signiﬁ cant ﬁ nes for non-compliance with laws and regulations concerning the provision None ••• and use of products and services

About this report

This is the third Sustainability Report presented by Aurubis for the reporting The parameters are recorded and assessed at Aurubis in computer systems in the period from fi scal year / to /. Relevant current events have individual areas relevant to sustainability. Our aim is to report on comprehensive been included up until the deadline of late December . The report covers parameters related to sustainability for all the Aurubis Group sites in the Sustain- the Aurubis Group. Following the acquisition of the Belgian copper producer ability Report in a few years’ time. The next step for Aurubis will be to develop a Cumerio nv/sa in fi scal year /, we acquired Luvata’s Rolled Products summary sustainability strategy in . Division (Luvata RPD) on September . In this report we are not yet supplying comprehensive parameters for all of the sites included. In our reporting we have followed the internationally recognised GRI G guidelines established by the Global Reporting Initiative as well as the sector supple- Uniform standards were defi ned in the environmental sector, which serve as ment for Mining & Metals. basis for developing environmental protection in the Group. We have harmonised our environmental protection parameters in all areas and across the sites. Control-relevant parameters were defi ned and quoted in a consolidated form where possible.

AURUBIS SUSTAINABILITY REPORT Imprint Contacts Publisher Group Communications Aurubis AG, Hovestr. , Hamburg Michaela Hessling, Head of Group Communications Telephone: + -; fax: + - Telephone: + - ; e-mail: [email protected] www.aurubis.com Matthias Trott Telephone: + - ; e-mail: [email protected] Concept and design www.motum.net Kirsten Kück Lithography Frische Grafi k, Hamburg Telephone: + - ; e-mail: [email protected] Printing gutenberg beuys feindruckerei, Hannover Investor Relations Angela Seidler, Head of Investor Relations Deadline in December Telephone: + - ; e-mail: [email protected] Dieter Birkholz Photo credits Telephone: + - ; e-mail: [email protected] Andreas Schmidt-Wiethoff : p. , , (below) Ken Nagayama Beate Münchenbach: p. Telephone: + - ; e-mail: [email protected] Aurubis Finland Oy: p. / Environmental Protection Udo Bojahr: p. Dr Karin Hinrichs-Petersen, Head of Group Environmental Protection Dennis Lanquillon: p. (left) Telephone: + - ; e-mail: [email protected] Dieter Nagel: p. (right) Andreas Nolte: p. Human Resources PR Aurubis AG: remaining photos Julia Rosenkranz, Head of HR Corporate Telephone: + - ; e-mail: [email protected] The following photos were taken as part of an Andreas Hertel, Head of Compensation & Benefi ts employee photo competition with the theme Telephone: + - ; e-mail: [email protected] “Up close – my workplace at Aurubis”. Andrea Sittinger, Head of HR Development Jasmina Hasanbegovic: p. (left), Aurubis Hamburg Telephone: + - ; e-mail: [email protected] Andreas Meyer: p. (centre), Aurubis Hamburg Aurubis Group Representative Offi ce Berlin Ingo Richter: p. (right), Aurubis Hamburg Gertraudenstrasse , D- Berlin Andreas Grube: p. (left), Aurubis Hamburg Dr Andreas Möller Ralf Behlmer: p. (right), Aurubis Hamburg Telephone: + ; e-mail: [email protected] Andre Kauk: p. (left), Aurubis Hamburg Stefan Bauer: p. (centre), Aurubis Stolberg Mark Smallwood: p. (right), Aurubis UK Ralf van de Sand: p. (centre), Deutsche Giessdraht Lorenzo Colucci: p. (right), Aurubis Italia Detlev Lichte: p. (left), Aurubis Hamburg Mathias Grymilas: p. (right), Aurubis Hamburg Björn Mohr: p. (above left), Aurubis Hamburg Akyol Turgut: p. (above centre), Aurubis Hamburg Wilfried Blötz: p. (above right), Aurubis Hamburg

The production of the Aurubis Sustainability Report and the recycled paper “Circle Silk Premium White” are certiﬁ ed according to the criteria of the Forest Steward Council (FSC©). The FSC© issues stringent criteria for forest management and thus prevents uncontrolled logging, human rights violations and environmental strain. Since the products with the FSC© seal are passed through various steps of trade and processing, the paper processing plants, e.g. printing presses, are also certiﬁ ed according to FSC© standards. Our Copper for your Life www.aurubis.com