Our Planet Protecting the only bubble that matters

SodaStream Environmental Overview 2020 2 SodaStream Environmental Overview 2020

Welcome SodaStream From Our CEO at a Glance From the start, SodaStream was an 1903 80,000 “At the heart of our company innovator, an inventor, a disruptor of the SodaStream was Our products are lies an ambitious vision: To beverage industry, and we soon became a founded in 1903 available at more than purpose-driven organization, committed to in the UK 80,000 retail stores across Change the Way the World promoting sustainable business practices 45 countries Drinks. SodaStream’s magic of long before they were fashionable. Today, transforming water into fresh, we put the planet at the very center of our business model, striving to eliminate sparkling water excites millions single-use plastic waste, defeating of consumers around the world, inequalities and helping to build stronger knowing they are also saving communities for a sustainable future. thousands of single-use plastic Our values 5,000+ 1 bottles every year. We believe corporations play a vital role in employees generating change, which is why we put We invite you to join our sustainability and social purpose at the revolution, and add some core of everything we do. SodaStream believes in: 3,000 sparkle to your .” With one reusable bottle, Business courage Our we can save a family up to 3,000 disposable bottles Being driven by our dreams every four years not by our fears Vision Changing the Way Creativity the World Drinks Encouraging the crazy ideas that fuel innovation Our Initiative and urgency Making every day count Mission Revolutionizing the global

Excellence of execution beverage industry by providing Taking no shortcuts to success choices that are better Optimism and energy for consumers and Daring to dream and pursue the planet Eyal Shohat CEO, the “impossible” SodaStream One SodaStream Celebrating our differences and acting as ONE 1 Includes permanent and temporary employees. 3 SodaStream Environmental Overview 2020

Our Environmental By 2023 start producing Impact 200M sparkling water Avoid an additional makers from recycled 200 million single- or plant-based Sustainability is at the very core of use plastic bottles by materials transitioning our flavors our product. One reusable SodaStream Our to a metal bottle bottle replaces the need for thousands Environmental by 2025 of single-use plastic bottles. Targets Our sparkling water makers enable consumers to create sparkling drinks 78B By 2025, we will avoid the at home using just tap water, our refillable use of 78 billion single-use gas cylinders and our flavor options, thus plastic bottles1 by expanding reducing packaging, carbon emissions our business (an increase of 11 billion from our original and transport pollution. 2020 commitment) In addition to our efforts to reduce single-use plastic waste, we are taking steps to reduce our carbon footprint. This includes shortening the distances traveled by some of our products to reach partners and consumers.

Through our environmental sustainability work we contribute to these SDGs:

1 Data per 0.5L bottles. 4 SodaStream Environmental Overview 2020

Products That Make a Difference

Positive impact on health Bottles and flavors flavors: the new Our reusable bottles are unique, allowing and wellness and iconic The positive impact of SodaStream on health consumers to carbonate and drink from the and wellness has been well demonstrated: in a same bottle. At present, 30% of our bottles are Since 2020, our consumers have been 2021 study, 81% of participants who owned a made from reusable glass, a figure we expect to able to make their favorite PepsiCo drinks SodaStream sparkling water maker increased increase in the years ahead. In total, 37% of all using their SodaStream Sparkling Water their water intake by an average of 52%.1 our bottles are dishwasher safe, thus enabling Maker from the comfort of their own home consumers to reduce water usage. in an Earth-friendly way. Five iconic flavours – Pepsi, 7UP, , and At the end of 2021, we will start transitioning Revolutionizing our sparkling Schwip Schwap – along with their diet our flavors from plastic packages to metal. water makers and sugar-free alternatives are available Metal is currently the easiest and most in ten markets. Our sparkling water makers are produced to commonly recycled material in the world, the highest standard of quality and designed to making metal bottles an immediately available, In January 2021, we launched bubly™ drops deliver the ultimate beverage experience. environmentally friendly alternative. for SodaStream in the USA followed by In 2020, we launched the DUO, our most Canada, representing the first partnership advanced sparkling water maker to date, and the with PepsiCo’s brands in North America. only one in our portfolio that allows consumers The new collaboration brings the beloved to carbonate in both glass and reusable plastic Reusable bubly™ brand’s bright flavors and bold bottles. The DUO decreases plastic consumption Each of our reusable personality to the SodaStream platform, of consumers while enabling convenient usage bottles are BPA-free and offering another way for consumers to enjoy bubly indoors and outdoors. replace the need for thousands ™ beverages at home while continuing of single-use plastic bottles to avoid single-use plastic. We are investing robust resources to implement while also reducing recycled and renewable plant-based materials carbon emissions and into our sparkling water makers by 2023. This pollutions move will further reduce plastic waste and lower carbon emissions in the production process.

1 Based on an online survey in the USA and UK. Random sample of 600 SodaStream Active users (owners that use the machine once a month or more), males and females aged 18+. 5 SodaStream Environmental Overview 2020

Sustainable Operations

Cylinders: refilling and recycling Shortening the supply chain Recycling waste Repurposing and recycling Our CO2 cylinders are designed to be reused. through local filling stations We’re always looking for ways to recover and SodaStream cylinders are produced – and in Australia reuse waste materials. Wherever possible, we designed to remain – in a closed loop. The life In July 2020, we launched an exciting and operations filter and reuse our oil waste, regrind and reuse cycle begins with manufacturing, to filling, use repurposing and recycling project in Australia SodaStream currently has seven CO2 cylinder plastic waste, and recycle and separate water and return by consumers, cleaning and refilling, aimed at reducing SodaStream’s contribution filling stations worldwide, and will open its eighth from production waste. In addition, we use carts and reintroduction into the local market for to waste and landfill. The project’s two key in Japan in 2021. We carefully consider all our rather than cardboard cartons for local product redistribution. All cylinders meet required country- objectives are: redirecting returned sparkling station locations to ensure that the distance transfers, and melt our discarded brass into specific standards, undergoing extensive in- water makers back onto the market, and between our inputs and end users is as small new reusable rods. house safety tests before entering or returning to when this isn’t possible, recycling sparkling as possible. For example, our Netherlands the market. Our consumers can exchange empty water makers, thus preventing 4 tons of site consolidates activities previously carried cylinders through local retail partners or through plastic going to landfill. Machines that were out across seven different locations and thus online exchanges. no longer in use and returned to store by reduces transport impacts between our sites consumers were collected, retested and – if in Western Europe. Similarly, our Japanese Lowering Packaging appropriate – refurbished for resale. Since filling station will cut the environmental costs of the project’s launch, almost a quarter (24%1) moving millions of CO2 cylinders every year to We believe in protecting our products and Consumption of returned machines have been successfully and across the Asian market. We have minimized and found the planet, and consider the environmental refurbished, and all of the Refurb Machines alternative solutions for the impact of every single component in our designs. were sold to external parties. Machines that In 2019, we removed the plastic handles from all Renewable energies use of single-use plastic in could not be refurbished and repurposed our packaging (reducing approximately 6 tons and savings our factories, offices and were separated for parts (metal, plastics, of plastic waste a year), and we’re currently As production at our flagship factory in production plants around batteries, etc.) and recycled. exploring innovative packaging options to reduce grows, we plan to meet 10% of the plant’s total the globe our paper waste. Our packaging is made energy requirements with solar energy by 2022, from recycled cartons and is already at least a five-fold increase from 2% in 2020. We aim to 90% recyclable. achieve this by installing additional solar panels to the rooftop array at the site. Through these investments, we are proud to contribute in the near term to PepsiCo’s goal of transitioning to 100% renewable energy for company-owned operations globally by 2030. Energy Boost We plan to boost our inputs from solar energy five-fold to 10% over the next two years

1 Data based on Jul20-Feb21. 6 SodaStream Environmental Overview 2020

Our Carbon Footprint and Beyond 84.9% reduction in single-use plastic by SodaStream consumers1 76.3% Reusable of consumers became Closed-loop more environmentally cylinders are reused conscious after purchasing many times over a SodaStream1 17.1 kgCO2e cradle-to-gate footprint (kgCO2e Thousands per kit over whole 0.044 of bottles saved lifespan) kgCO2e by 1 SodaStream footprint per 1L bottle over 4 years of drink from the Fizzi/Spirit kit2 0.059 kgCO2e footprint per 1L of drink from the DUO kit2 28.5 kgCO2e cradle-to-gate footprint (kgCO2e per kit over whole lifespan)

1 Based on a customer survey conducted in the UK and USA 2021. 2 Cradle-to-gate footprint analysis certified by the Carbon Trust. 7 SodaStream Environmental Overview 2020

Activism – Raising Our Voice for the Planet

Sustainability is in our DNA and we are Earth Day and World Cleanup Day AUSTRALIA GERMANY AND AUSTRIA committed to using our voice and brand to Every year on Earth Day and World Cleanup “Ocean Heroes” school program World Schlepp-Championship advocate for change. As a company that is often Day, millions of people and thousands of at the forefront with innovative ideas and actions, In 2019, we launched “Ocean Heroes” in Australia, Virtual Run organizations around the world pledge to support we make a point to be leaders in matters that a free half-day primary school program developed In 2020, we organized the Schlepp-Championship’s a cleaner, healthier planet and a more sustainable are important to us. and delivered by sustainability professionals, to first Virtual Run for the Environment (a socially future. At SodaStream, we make our contribution engage and inform children about the potential distanced adaptation of our 2019 event). in different ways: local environmental initiatives, impact of single-use plastic. The interactive Hundreds of participants from all over Germany Global campaigns financial contributions to nongovernmental program includes an immersive underwater and Austria took part in this challenge. For every Our environmental message is integral to all organizations (NGOs) and educational campaigns. virtual reality experience, engaging and thought- kilometer “schlepped,” SodaStream made a our communication campaigns. During the provoking group discussions, and hands-on When the COVID-19 pandemic made access financial contribution to the NGO OceanCare. September climate strike, we shut down all our activities showing how to repurpose plastic waste. to water and good hygiene more important than facilities and operations for 24 hours, with our ever, we contributed to the international NGO CANADA website streaming the message: “Global Climate AUSTRIA WaterAid. Our short film One Home, One Planet Strike in Solidarity with the Young Generation for The Great Gulp Campaign reached more than 30 million people, sharing Hasta la vista, goodbye a Better Future.” Toward the 2020 holiday season, Also in 2020, we sponsored the Great Gulp the message to stay at home and take better we released an environmental advert featuring to plastic! Campaign across Canada, raising awareness care both of each other and our planet. the artist Snoop Dogg raising awareness of In 2019, we joined Arnold Schwarzenegger, in schools, offices and homes of the importance 1 the “Small Things” people can do to live a more In France, we partnered with local NGO No Greta Thunberg, Werner Boote and other of drinking water and reducing single-use sustainable lifestyle. Plastic in My Sea to raise funds in support of experts making real proposals for plastic plastic waste. its activities. We also organized local cleanup reduction at the R20 Austrian World Summit. SWEDEN initiatives involving our employees, their families In addition, throughout the two-day summit, and the public. we displayed an eye-catching exhibit of a Non-Plastic Waste Innovation three-meter-high globe drowning in a sea of of the Year single-use plastic bottles (called “The Sunken World”) in front of the Hofburg, seat of the In 2019, SodaStream launched the Non-Plastic Austrian government in Vienna. Waste Innovation of the Year competition for the very first time in Sweden. The purpose of FRANCE the competition was to promote young Swedes’ entrepreneurial spirit and drive interest in Mont-Blanc Ultra Trail sustainability solutions for the single-use plastic In 2019 in France, we partnered with the waste problem. Hundreds of participants from organizers of the Mont-Blanc Ultra Trail to all over the country submitted ideas. For the reduce the use of plastic bottles both on the 2021 edition of the competition, SodaStream Trail and at sporting events in general. During Nordics will scale the competition to Norway the event, refreshment stations were equipped and Denmark. with SodaStream machines and reusable bottles, eliminating the need for single-use plastic bottles.

1 The Austrian film director who presented the documentary film Plastic Planet in 2009. Go to our website and learn more about our activity and how you can save the planet. .com

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