7 SEPTEMBER 2015

REF.NR.: 11.A0448/2

YEAR 1, NR. 1 Carbon Footprint Analysis 2010

Contents

Management statement

Organization

Reporting organization

Responsible person

Organizational boundaries

ISO 14064 statement

Verification statement

Carbon Footprint Analysis

Basis of analysis

Measurement results and explanation

Reported period

Scope 1: Direct CO2 -emissions

Statement of CO2 sources and sinks omitted

CO2 emissions from burning biomass

Scope 2: Indirect CO2-emissions

Indirect CO2 emissions from purchased energy

Influence measurement inaccuracies and uncertainties

Scope 3: Other indirect CO2-emissions

CO2 compensation

Progress against reference year

Historical base year

Adjustments to historical base year

Normalization measurements

Calculation Models

Quantification Methods

Explanation for changes in the quantification methods

Quick Wins

Reduction targets

Annex 1 CO2-emissions 2010 scope 1 and 2

Management statement

Page 2 Carbon Footprint

In the last years it has become clear that energy resources are not inexhaustible and that the us-age affects our environment. We see it as our duty to deal with our environment in a sustainable way. In addition to creating good and sustainable products, we also take into account our envi-ronment and our employees, while a motivated organization is the key to sustainable success.

We are convinced that we find the right balance between People, Planet and Profit with a good CSR policy. Therefore we are working for many years according to this policy. For example, we have established our Carbon Footprint and we are busy to realize our reduction targets in the ar-ea of energy consumption and CO2 emissions. We are also very active in recycling and redu-cing the material consumption in our products. Also by an active Health, Safety, Environmental and Energy policy we are improving our work environment.

Sustainability is a joint effort of our employees, customers, business partners, suppliers and oth-er stakeholders. Together with these partners, we are convinced that we can shape our policy in the future and continuing to play a leading role within our industry.

Mark van Loon

Managing Director

Pipelife Nederland B.V.

Mark van Loon

Managing Director Pipelife Nederland B.V.

Reporting organization

Pipelife Nederland B.V. is located in Enkhuizen. Pipelife Nederland B.V. is part of Pipelife Interna-tional GmbH, an international manufacturer of plastic piping systems and fittings and one of the market leaders in Europe. Pipelife was established in 1947, today one of the oldest plastic pipe producers worldwide. Products include sewage, inhouse: electro, water, gas, drainage, cable pipes and eco systems.

Pipelife Nederland has approximately 200 employees spread over eight locations: headquarters and production site in Enkhuizen and seven local sales branches and two in-store warehouses with cooperating suppliers. Part of Pipelife Nederland B.V. Is Twebotube B.V., located in Enschede.

Pipelife International GmbH is a joint venture of the Solvay Group (Chemistry) and Wienerberger (ceramic industry) and is located in 27 countries, with headquarters in Vienna, Austria. 2,350 em-ployees worldwide are working on 26 production sites.

Summary of the activities:

• Development, production and sale of plastic piping systems and fittings;

• Wholesale trade services of synthetic materials and chemical products.

Organization

Page 3 Carbon Footprint

Responsible person The person statutorily responsible for the reporting organization is mr. P.L.B. Ummels, MD Pipelife Nederland B.V.

Organizational boundaries The organizational boundaries of Pipelife Nederland B.V. are determined in the context of CO2 (carbon dioxide)-consciousness in accordance with the principle of the operational sphere of influ-ence of the certifying company.

Within the GHG protocol, this is described as the 'operational boundary'. In practice, this means that when activities are executed under the auspices of Pipelife Nederland B.V., the accountability for the CO2-production is taken: the own organization has control of this.

Based on the lateral purchase analysis of the CO2 -performance ladder, it is determined that Pipelife Deutschland GmbH & CO. KG is added within the organizational boundary of Pipelife Nederland B.V.

The organizational boundaries for this inventory includes:

• Pipelife Nederland B.V.;

• Twebotube B.V.;

• Pipelife Deutschland GmbH & CO. KG,.

The rationale for this boundary is listed in the boundary report (doc. nr 11.A0138b).

ISO 14064 statement

With this, Pipelife Nederland B.V. states that this report for the “CO2-bewust” certificate is prepared in accordance with the guidelines of NEN-ISO 14064, version March 2006.

Verification state-

ment With this, Pipelife Nederland B.V. states that this report has been verified by KEMA Emis-sion Verification Services B.V. and that on 19th December 2011 has come to the opinion that during the verification work no evidence was found that:

• the inventory had not been designed according to the needs and requirements from the ISO 14064-1, the GHG Protocol, the CO2-prestatieladder Manual

• said CO2 inventory has ma-terial misstatements, de-rogatory to the materiality requirement of 5%.

YEAR 1, NR. 1 Page 4

Carbon Footprint Analysis

Basis of analysis

CO2-emissions and absorptions by activities of the organization have been identified based on the established operational limits. At the identification of emissions a distinction has been made be-tween three sources of emission (known as scopes) into two categories: direct emissions and in-direct emissions. This is in line with the Greenhouse Gas (GHG) Protocol.

• Scope 1 covers direct emissions under control, and controlled by, the organization. Exam-

ples include the combustion of fuels in machinery, business transport with vehicles owned by the reporting organization and emissions of refrigeration and air conditioning systems;

• Scope 2 includes indirect emissions from purchased electricity, steam or heat;

• Scope 3 includes other indirect emissions from sources such as commuter travel, produc-

tion of purchased materials and outsourced activities such as freight.

This carbon footprint analysis includes the CO2-emissions (one of the six greenhouse gases) of Pipelife Nederland BV, in scope 1 and 2 of the calendar year 2010. The CO2 emission is analyzed in accordance with the “CO2 prestatieladder”, manual 3.0 june 2015.

Measurement results and explanation

Reported period Pipelife Nederland B.V. has synchronized its carbon footprint reporting period with its fiscal year. The fiscal year for Pipelife Nederland B.V. runs from January 1 to December 31. The reported period is the calendar year 2010.

YEAR 1, NR. 1 Page 5

Scope 1: Direct CO2-emissions

THE DIRECT CO2 EMISSION IS MEASURED AND CALCULATED AS 2.611,6 2.611,6 2.611,6 2.611,6 TONNES CO2

Fuel use own car fleet (business car travel) In 2010 28%, 745,5 tonnes of the CO2 emissions is assigned to the fuel consumption of the fleet. The Pipelife fleet consists of 56 leased cars. In 2010 the leasing company has reported an usage of 220.167 litres diesel and 8.805 litres of petrol and 1.173 litres LPG and 34.673 fleet kilometres.

Stationairy combustion equipment 1.255,5 tonnes CO2 (666.422 m

3 ,47% of the total direct emission) is the result of consumption of natural gas. The natural gas is used for heating of the locations. 666.422 m3 is used in stationary combustion equipment, 82% of the consumption is in Enkhuizen.

Gasses In 2010 157,4 tonnes of CO2 emission is caused by the usage of the gasses CO2 gasses, Acety-lene, Propane, Butane and Sagox 18 for the production processes in the Netherlands and Ger-many.

CO2-emissions from burning biomass The combustion of biomass did not occur at Pipelife Nederland B.V.

Statement of CO2 sources and sinks omitted All identified sources and sinks of CO2 are included in the report. Storage of CO2 does not occur; there are no sinks.

Leakage of cooling gasses In 2010 513,6 tonnes of CO2 emission is caused by the consumption of cooling gasses in the pro-duction processes in Germany and cooling and freezing systems. These systems for storage and transportable air conditioning-units are regarded as a closed system. Therefore only CO2-causing emissions of consumption are calculated.

YEAR 1, NR. 1 Page 6

Scope 2: Indirect CO2-emissions

INDIRECT CO2-EMISSIONS MEASURED AND CALCULATED ARE 14.375,9 14.375,9 14.375,9 14.375,9 TONNES CO2

Electricity purchased 98,4 % of the indirect CO2 emission is caused by consumption of the re-purchased electricity.

In the reported period, the electrici-ty consumption was 26.880.678 kWh, this is 14.139,2 ton CO2 emis-sion. Under the terms of the CO2–prestatieladder, the electricity is registered and calculated with a grey label performance.

Based on the energy management system of Pipelife Nederland the production processes extrusion caused 54,4% of the consumption of electricity, Injection Molding caused 24,5% of the usage and other production 9,5% of the usage. Lighting caused 3,7% of the consumption.

Business air travel In 2010 employees in the Netherlands and Germany made flights for business purposes. 24% of the flights concerned flight distances between 0 – 700 km, 40% of the flights concerned flight dis-tances between 700 – 2500 km and 36% of the flights concerned flight distances more than 2500 km. The air travel caused 223,3 ton CO2, 1,6% of the indirectly CO2 emissions.

Heat Delivery Twebotube in Enschede reported in 2010 an usage of 257 GJ for heating (2,9 ton CO2).

Personal cars for business travel In 2010 several employees used their private car for business purposes and declared the mile-age. The total mileage declarations by private car were 47.606 km in the reported period. This leaded to 10,5 ton CO2, 0,1% of the indirectly CO2 emissions.

54,4%

24,5%

2,0%

3,1%9,5%

0,3% 3,7%

1,2%0,0%

0,4% 0,3%

0,5%

Type of consumption - electricity

Extrusion

Injection Molding

Forming

Crushing

Other production

ICT

Lighting

Climate control

Kitchen

Other

Stanfriesweg

Zoutketen

YEAR 1, NR. 1 Page 7

SCOPE 1:

The fuel data of stationary combustion equipment for heating is provided by the energy suppliers of the locations and controlled with the internal measurements. For the location Flevolaan Pipe-life has a joint heating installation with the neighbour company Renolit. Renolit has specified the information for natural gas on the location Flevolaan. The data of gasses are provided by the suppliers. These information is deemed as sufficiently reliable.

The fleet management data is provided by the fuel suppliers of the leasing companies who man-age the fuel passes linked to the vehicles and by declarations of the fuel in fleet cars by employ-ees. Because the mileage registration is less accurate, since not every employee carefully keeps track of the mileage by registering the mileage at the gas station, the CO2 emission is based on the fuel data if present.

Influence of measurement inaccuracies and uncertainties in

scope 1 and 2

The foregoing information shows that the vast majority of CO2 emission is caused by use of fuel in the stationary equipments (1.255,5 ton of CO2) and the electricity consumption (14.139,2 ton of CO2). Therefore, it is important to accurately capture these emissions.

Scope 3: Other indirect CO2-emissions

CO2-compensation

There is no compensation for CO2 emissions. Available resources are used to make improve-ments within the production processes in the framework of the CO2-emission.

SCOPE 2:

The consumption data of the electricity is registered from billing information received from the energy suppliers of the different locations. Renolit has specified the information for electricity on the location Flevolaan. This information is considered as sufficiently reliable. It should be noted that most of the energy is used in the production processes.

The emission data of travel by private cars for business purpose is collected by employee decla-rations. The fuel type and engine classification of the applicable private cars are not registered.

De flight data for business purpose is collected by information from the travel organisation.

A complete emission inventory for scope 3 is currently outside the CO2 inventory. This report does therefore not include such an inventory.

YEAR 1, NR. 1 Page 8

Adjustments to historical year

The measurements for 2010 are the initial measurements in the context of the ISO 14064 stand-ard. Therefore there are no adjustments to the base year. Because of the publication of the ver-sion 3.0 of the manual CO2 performance ladder the CO2 emission factors are changed. There-fore, this publication is updated.

Historical base year

The initial measurements in the context of the ISO 14064 standard have been done by Pipelife Nederland B.V. for the calendar year 2010. This year therefore serves as base year against which an increase or decrease in CO2 emissions is established.

Progress against reference year

Normalization measurements

The size of the CO2 emissions has a clear correlation with the scale of the activities carried out by the organization. For the comparison of the emissions in the reference year and future reported periods, standards are determined to normalize measurement results. For Pipelife, Kg product produced is the standard to scale the business activities. Based on the kg product produced the reported measurement results will be normalized.

Calculation models

Quantification methods

The quantification of raw materials to CO2 emissions is always calculated by registered volume units of the fuels used if present. The conversion of volume to emission values is straightforward and provides the most reliable comparison. In those situations where no volume units of fuel were available, the most reliable information available was used. Electricity consumption is either taken based on calibrated meters and/or based on the invoices of the energy company. By applicable law, this is the most reliable source of information that is available.

Explanation for changes in the quantification methods

The measurement in 2010 is an initial measurement in the framework of the ISO 14064 standard. Therefore no adjustments in the quantitative methods are made to the historical year.

0,0

20,0

40,0

60,0

80,0

100,0

120,0

2010

Ton product produced

Kg CO2 Scope 1

Kg CO2 scope 1 emission

par Ton product produced

Kg CO2 Scope 2

Kg CO2 Scope 2 emission

par Ton product produced

General

Involvement of employees The involvement of employees in sustainable development works on two sides: employees are decisive for the acceptance of sustainable development and he/she will work consciously on sus-tainable development and achieve significant improvements.

The employee is the one who knows best the business processes and can designate to the im-provements. Also the presentation and the chances of succes for sustainable projects are better when employees feel themselves involved in the sustainable development of the organization. In personal goals of employees CO2 targets can be taken and associated with a remuneration structure.

Quick Wins

The measurement of the emissions is a first necessary step towards improvement. The next step is to identify quick wins.

These are sources which Pipelife has the ability to influence the CO2 emission and reduction, and where results can be achieved quickly. The quick wins are based on the analysis of 2010, observations and interviews.

The largest components within the Carbon Footprint of Pipelife are indirect emissions related to the electricity consumption and direct emissions from the use of fuel for the stationary equipment and fleet. For significant reduction in CO2 emissions will have to be the main focus placed on the reduction of CO2 emissions of these two forms of energy.

Performing this quick wins leads not only to lower emissions of CO2, it is also a signal to the em-ployees that Pipelife wants to take steps to reduce their CO2 emission. It will contribute to the changing mindset and create awareness.

Logistics

Energy tag fleetcars Replacement of fleet cars at the end of the fleet period and the first use of new cars with low CO2 emissions or Energy tag A will lead to a significant improvement of the fuel usage. Pipelife has the policy that fleet cars have an energy tag A or B.

‘The new driving’ Educating and training employees in the aspects of safe and economical use of the vehicle will lead to a significant improvement of the fuel use ratio. For passenger cars or commercial vehi-cles the training ‘The new driving' is developed. In addition, measures for the reduction of CO2 emissions also provide direct cost savings. For more information, see the website: http://www.hetnieuwerijden.nl/

Improving logistic tooling For logistics to transport in storage and internal distribution Pipelife and its supplier can reduce emissions by replacement of fuel usage forklifts by electric forklifts.

YEAR 1, NR. 1 Page 9

Production Proces

Improvements in the production processes are most effective for Pipelife. In the production pro-cess several observations and studies are under investigation. Examples are the isolation and re-usage of heating in the production or other processes leading to improved outcome. In coopera-tion with neighbour Renolit Pipelife Nederland expect possibilities to significant improvements for the usage of fuels and the usage of electricity in the shared facilities.

Quick Wins

Energy usage

Green power Switching to green power is an action that leads directly to a significant reduction in CO2 emis-sions. The switching of tools and transport towards electric powered systems fed by green power, makes also great contribution to the CO2 reduction.

Green IT The term Green IT stands for energy-efficient, environmentally friendly, sustainable, socially re-sponsible ICT. This is not just about the purchase, how to use it, the material consumption and waste disposal. It is also about replacing physical processes (transport) by (virtual) ICT services. Examples include the use of energy-efficient laptops, hardware recycling and (energy) planning software. CO2 reduction is achieved because less electricity is used, less production with scarce raw materials needed and less transportation and less waste is caused.

Lighting By replacing lighting and reducing the number of usage hours a significant improvement on the energy consumption can be achieved. Almost 8% of the electric usage is based on lighting. Im-provements are possible; for example by applying motion sensors, improved fixtures and the use of daylight and facilities.

Climate control

By replacing local air-conditioning, reducing the number of usage hours for the climate control and optimizing the location of the air-conditioning and user temperature an reduction of electricity can be realised.

Paper usage

Printing policy

The usage of paper can be reduced by communicate information as much as digital as possi-ble. Email is a Legal accepted means of communication. When printing is needed, use as much as possible double sided printing.

Elektronic ordering

Elektronic ordering by suppliers will lead in companies to a more efficiënt proces for handling orders. Electronic ordering also reducing the paperflow.

YEAR 1, NR. 1 Page 10

Reduction targets

Based on this Carbon Footprint and the Energy Management System Pipelife defined measures to reduce its CO2 emissions for the period 2010-2016 for scope 1 and 2.

The first target is to reduce the direct emissions per Kg product produced by reducing our loca-tions, replacements of own fleet by cars with a tag A or B and improve the involvement of our employees. Next to these reduction targets several investigations in the Netherlands and Ger-many are this moment carried out, for example in isolation improvements in production, Im-provement of heating and lighting in buildings. The outcome of these investigations is expected in 2012.

Reduction of the indirect emissions (scope 2) will be carried out by reducing the Electricity us-age in the production, replacement of lighting (sensoring) and office equipment and the person-al involvement of employees. The replacement of diesel forklifts by electric forklifts will have an increase the Electricity.

Because of longterm contracts for electricity Pipelife will first start to use green power for the distribution locations only. Possibilities for usage of green power on other locations are investi-gated. Currently this will lead to an reduction of 118,3 tonnes of CO2.

Based on the current quantitative information Pipelife wants to reduce its CO2-emissions for the period 2010 till 2016 with 4% per Kg product produced. The Kg product produced is the stand-ardization factor to make comparison possible between the reference period and the progress

Page 11 YEAR 1, NR. 1

Nr.Reduction target CO2

Total

reduction

2010-2016

(par Kg

product

produced) (%)

Reduction

(Tonnes

CO2)

(par Kg

product

produced) (Tonnes CO2)

1 Energy usage locations 29,2 4% 54,3 28,0 1.201,2

2 Fuel consumption fleet 17,4 2% 11,6 17,1 733,9

Replacement own fleet A/B tag

3 Personal involvement 15,6 1% 6,7 15,5 664,3

For example New driving

100,0 3% 72,7 97,3

Purchased electricity 329 3% 472,6 315,0 13.525,2

1 Energy usage locations 30,5

2 Usage production proces 221,5

3 Lighting 71,3

4 Office equipment 7,9

5 Personal involvement 1% 141,4

6 Green Power* 1% 141,4

Heat delivery 0,1 0% - 0,1 2,9

Personal cars for business travel 0,2 0% - 0,2 10,5

Business air travel 5,2 0% - 5,2 223,3

100,0 4% 614,0 95,7

100,0 4% 686,7 96,0

CO2-

emission

2010 CO2-emission 2016

Index CO2-emission scope 1

Index CO2-emission scope 2

Index CO2-emission scope 1 and 2

Annex 1 CO2-emissions 2010 scope 1 and 2

Page 12

References

1: Source: website CO2emissiefactoren.nl

2: Source: BI-conversion calculation 2010

Quantity Unit Quantity Unit CO2-emission

[metric ton]

Scope 1: Direct emissions 2.672,1

Stationary combustion equipment 1.413,0

- Natural gas 1.884 g CO2 / Nm3 666.422 Nm3 1.255,5

- Diesel 3.230 g CO2 / litre - liter -

- Butane2 3.143 g CO2 / kg 20 kg 0,1

- Propane2 3.343 g CO2 / kg 4 kg 0,0

- CO2 gasses2 1.000 g CO2 / kg 156.816 kg 156,8

- Acetylene2 3.385 g CO2 / kg 160 kg 0,5

- Sagox 182 195 g Co2 / m3 21 m3 0,0

Airco refrigerants 513,6

- Refrigerant - R22 1.810 kg CO2 / kg 106,3 kg 192,4

- Refrigerant - R404a 3.922 kg CO2 / kg 80,0 kg 313,8

- Refrigerant - R407c 1.774 kg CO2 / kg 3,0 kg 5,3

- Refrigerant - R410a 2.088 kg CO2 / kg 1,0 kg 2,1

Own car fleet, fuel use 737,9

- Petrol 2.800 g CO2 / litre 8.805 litre 24,7

- Diesel 3.230 g CO2 / litre 220.167 litre 711,1

- LPG 1.806 g CO2 / litre 1.173 litre 2,1

Own car fleet, distance travelled 7,6

- Passenger car, unknow n fuel type and

w eight 220 g CO2 / vehicle km 34.673 km 7,6

Quantity Unit Quantity Unit CO2-emission

[metric ton]

Scope 2: Indirect emissions 14.375,9

Purchased electricity 14.139,2

- Grey electricity: 2010 and later 526 g CO2 / kWh 26.880.678 kWh 14.139,2

- Heat STEG 11.300 g CO2 / GJ 257 GJ 2,9

Personal cars for business travel 10,5

- Passenger car, unknow n fuel type and

w eight 220 g CO2 / vehicle km 47.606 km 10,5

Business air travel 223,3

- Distance < 700 km 297 g CO2 /travellers km 185.180 travellers km 55,0

- Distance 700 - 2.500 km 200 g CO2 /travellers km 421.554 travellers km 84,3

- Distance > 2.500 km 147 g CO2 /travellers km 571.200 travellers km 84,0

CO2-emission factor1 2010 recalculated

CO2-emission factor1 2010 recalculated

Scope 1 Ton CO2 %

Stationary combustion equipment 1.255,5 47,0%

Gasses 157,4 5,9%

Purchased electricity 513,6 19,2%

Own car fleet 745,5 27,9%

Tot 2.672,1

Scope 2 Ton CO2 %

Purchased electricity 14.139,2 98,4%

Heat delivery 2,9 0%

Personal cars for business travel 10,5 0,1%

Business air travel 223,3 1,6%

Tot 14.375,9