Global Quality and Sustainability Policy

Coloplast is committed to our mission of making life easier for people with intimate healthcare needs.

Coloplast is known for being a highly ethical company, and we have earned that reputation through our commitment to conduct business with respect, uncompromising integrity and in accordance with the highest ethical standards.

This policy reflects the Coloplast Group’s commitment to delivering safe and reliable products and services while applying precautionary principles to mitigate, avoid or reduce social or environmental impacts or risks.

The objective of this policy is to set out your responsibilities in ensuring that Coloplast’s business practices are compliant with quality management systems and ESG-related activities, as well as Coloplast policies, and to provide you with information on our principles.

This policy applies to all directors, officers, managers, employees, and contract workers employed within the Coloplast Group as well as third parties acting on behalf of Coloplast, whether directly or indirectly.

Where Coloplast holds minority investments, Coloplast will use commercially reasonable efforts to ensure that the principles in this policy also apply to any company that Coloplast invests in.

Coloplast wants to fulfil our mission of making life easier for people with intimate healthcare needs. Thus, it is essential to Coloplast’s mission to deliver safe and reliable products and services. Being responsible is a core value and has become a key theme in our corporate strategy. We apply a precautionary principle to mitigate, avoid or reduce social or environmental risks. We have clear governance for Quality and Sustainability with organisational anchoring at the Executive Management level with common global standards. We establish operational objectives and conduct quarterly reviews of objectives and performance by relevant management. This way, evaluation of Quality and Sustainability is included in the decision-making process on all management levels. Coloplast emphasises the inclusion of stakeholders by taking user needs, sustainability, economy, and technical feasibility into account.

In Coloplast, Sustainability includes:

• a healthy and safe working environment for employees with a focus on employee well-being
• addressing global challenges for the environment related to climate change, resource scarcityand the use of hazardous substances
• Making sustainability easier for our users and having a diverse and inclusive workforce whichrepresents the society we are part of

Coloplast is committed to:

• Continual improvement of the management system and performance of Quality andSustainability.
• Fulfil our compliance obligations with applicable legal and regulatory requirements*)
• Consult and encourage participation of relevant employees in the continual improvement of themanagement system.
• Engage in dialogue with key stakeholders to improve performance related to Quality andSustainability, and engage in partnerships to create shared value
• Comply with the 10 principles listed in the UN Global Compact and contribute to the UNSustainable Development Goals
• Respect human rights and labour rights *)
• Work towards scope 1 & 2 emission reduction in line with the Paris Agreement (1.5°C) andimplement the recommendations of the Task Force on Climate-related Financial Disclosures(TCFD)
• Ensure quality, defined as reliable products and services meeting defined customers’ needs
• We strive to minimise our overall environmental impact through efficient use of resources and byembedding sustainability in innovation and applying eco-design principles in productdevelopment.
• We acknowledge the challenge of plastic waste and our contribution to it. We have defined clearpriorities and work towards improving global material circularity by using recycled, biobasedmaterials in packaging and ensuring more efficient waste management.
• Source 100% renewable energy annually
• Eliminate Health & Safety hazards, reduce risks and promote healthy lifestyle choices amongemployees.
• Prohibit bribery or any other form of corrupt behaviour*)

^{*) Compliance obligations and definitions on human rights, labour rights and corrupt behaviour are defined in our management systems and Code of Conduct.}

Management must demonstrate role model behaviour that supports ethical business practices and ensure that their teams follow Coloplast policies and procedures.

Management must address any bad practices that they become aware of in a timely manner, and when needed, make sure proper training is given to their teams to prevent or address any issues or concerns.

This policy is owned by the Senior Vice President of Global QA, RA & Sustainability, and the CEO has the overall responsibility.

Where local laws and regulations, industry codes, or local Coloplast requirements are stricter than this policy, such stricter requirements prevail.

In the event of any discrepancies between the English version of this policy and a translated version, the English version shall prevail.