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Letter from the CEO



































                   Letter from the CEO



                   For some time the Ratti Group, a leader in fashion textiles, has integrated sustainability into its
                   business strategy. The companies in the fashion textiles sector have invested energy and resources
                   in social and environmental issues, and the sector has received particular attention from EU
                   institutions. In March 2022 the European Commission published its “Strategy for sustainable and
                   circular textiles”. This set out the Fashion of the Future and inspired our Group’s strategic orientation.

                   Governance
                   Ratti SpA, listed on the Milan stock exchange, boasts a solid and mature responsible governance
                   architecture. In May 2022 Ratti SpA became a Benefit Company, a crowning moment on the ESG
                   journey it embarked on around ten years ago. Ratti Spa Benefit Company (BC), therefore, in addition
                   to its financial objectives, pursues the goal of mutual benefit, as specifically indicated in its mission
                   statement.
                   Workers, community
                   SA8000 and ISO45001-certified, the Company is committed to training and developing its staff,
                   including through corporate welfare programmes and activities.
                   The Company makes a positive contribution to the local community. It works with schools, centres,
                   universities, institutions and associations in areas such as teaching, culture, social support,
                   innovation, research and partnerships.

                   Environment
                   The environmental strategy of Ratti Spa BC (ZDHC contributor, ISO14001, ISO5001 and ISO9001
                   certified) is aimed at reducing the Company’s environmental impact and implementing its circular
                   company project.  Ratti is developing its range of sustainable and circular products and materials.
                   It is committed to eliminating hazardous substances, it carries out research into reducing the
                   consumption of materials, energy and water and it has conducted research into reducing and
                   improving the management of waste, in compliance with GRI standards, since 2017. Ratti intends
                   to avail itself, individually and/or in partnership with other companies (trade associations), of all
                   opportunities for dialogue and consultation with Italian and EU institutions with regard to ESG
                   matters and the safeguarding and sustainable development of the textile supply chain. Ratti intends
                   to undertake, in partnership with other companies, circularity projects (Ratti is the founding member
                   of Consorzio Retex Green, a consortium which recycles textile waste).
                                                                                 Sergio Tamborini



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