Proud of being part of Bio Pappel —a company committed to building a sustainable future through shared value, innovation, transparency, environmental protection, and corporate social responsibility— I share this report, which outlines the most important achievements reached throughout 2024.

This year, the political and economic context in the North American trade bloc —where we have a significant presence— was marked by notable dynamism; nevertheless, led to a successful consolidation of a robust production and distribution network that fosters the steady growth and maintains our position as a standard in the regional paper industry.

In addition, we made significant investments in Mexico and the United States which are primarily focused on sustainability, renewable energy, and resource optimization projects, which goal is to contribute to building a greener and more equal future.

In this sense, Bio Pappel's commitment to sustainable development is reflected in our circular economy model, Urban Forest™, in which we produce a wide range of high-quality paper products from 100% recycled materials, thereby extending their life cycle to deal with the impacts of climate change; these actions allowed us to recycle a total of 1.93(1) million short tons of paper and corrugated paper in 2024, preventing the emission of 7 million tons of CO₂e.

The transition in use of renewable energy has significantly improved the efficiency of our operations. Through the Bio-ENERGY system, we co-generated 83.6% of the energy we use. Additionally, we implemented photovoltaic generation equipment to strengthen our commitment to a low-carbon economy and drive further progress towards our goals —aligned with the Science Based Targets Initiative (SBTi).

Likewise, to achieve our climate and sustainable development goals, we have placed water conservation at the heart of our strategy by implementing technological improvements that allowed us to recycle 30.7 million m³ of this vital resource through this year.

The company's core is made up of its employees, and we are grateful to those who today position us as the leading paper and paper products manufacturer in Mexico, as well as one of the top ten largest paper companies in the United States. For this reason, we value their diversity, talent, and commitment, and have created an organizational culture based on continuous improvements and innovation that promotes respect, well-being, inclusion, and competitiveness.

The collaborative work with key social stakeholders in our communities has driven valuable efforts for economic, social, and environmental development. In 2024, more than 20,200 people benefited from our programs, organized around three main axes: environmental care and education, community development, and education for development.

To expand our social impact, the Bio Pappel Foundation promotes various volunteer activities and initiatives in collaboration with multiple organizations that foster quality education andenvironmental stewardship.

In like manner, leadership and effectiveness within our corporate governance ensure continuity and fulfillment of our objectives through informed decision-making and a solid regulatory framework. This allows us to meet the needs of all our stakeholders with the highest standards of ethics and transparency.

Aware of the challenges facing the United Nations 2030 Agenda, Bio Pappel reaffirms its commitment to sustainable development by strengthening partnerships that accelerate positive impact towards a better planet for all.

I conclude this message by inviting you to learn more about this report, which reflects the constant effort and dedication of our team.