In 2021, Baleària successfully weathered
a difficult stress test with good
results, which will help to compensate
for the 2020 financial year by
improving our solvency. The key to
success has been to consolidate our
strategy and harness our capabilities
as a company in a complex context.
We have managed this with solvency,
innovation, responsibility and sustainability
as our driving principles.

This year, our EBITDA exceeded 100
million euros for the first time in
our history, especially thanks to our
efforts and the good performance of
fuel prices in the first three quarters.
This result helped to consolidate our
solvency, reducing debt, strengthening
our cash flow and ensuring the
continuity of our investment plan.
We increased the traffic in all our
transport segments, including 38%
more passengers, 15% more cargo
and 29% more vehicles compared to
2020 thanks to the good response of
domestic traffic. But beyond what
has been achieved, we are proud of
why and how we have done this.

As a maritime transport company
linked to tourism, one of the sectors
hardest hit by the pandemic, we have
managed this crisis by becoming an
increasingly eco-efficient shipping
company (much more environmentally,
economically and socially
sustainable), committed to the region
and with a vocation for public service.
At Baleària we believe that we are the
proof that trees with solid roots withstand
gales better. Our green heart
and horizon, and our smart spirit
are not slogans, this is our reality, as
this document shows. An exercise
in rigour and transparency that we
are undertaking for the twelfth year
following the criteria of the Global
Reporting Initiative (GRI), in line with
the United Nations Global Compact,
which we see as an ethical obligation.
At Baleària, we were pioneers in
adopting the Sustainable Development
Goals (SDGs) and the 2030
Agenda. Generating wealth today
without taking out a loan on tomorrow
is part of our company's genetic
make-up, which aims for zero emissions
and total decarbonisation by
2050. We are involved in projects
linked to green hydrogen and biomethane
from renewable sources, and
we are committed to natural gas as
a transition fuel. We are pioneering
the use of this cleaner energy, and
we are finalising our 380 million euro
investment in nine gas-powered
ships. These dual engines are prepared
to use CO2-neutral renewable
gas from animal farms and also
partially consume green hydrogen.
This year we have increased our
consumption of natural gas by 36%,
despite the fact that in October we
felt obliged to reduce its use and
prioritise it for port manoeuvres and
stays. This is a temporary measure
adopted out of responsibility and
to preserve the company's viability
due to the escalating price of this
greener fuel.

Our firm commitment to eco-efficiency
and competitiveness is also
based on digital transformation. We
have ten smart vessels that enhance
the experience and comfort levels for
both passengers and cargo customers.
We are progressing towards the
goal of transforming Baleària into a
data-driven company, with decisions
guided by big data, taken in real
time with the utmost efficiency, and
through the development of predictive
models that will allow us to incorporate
artificial intelligence in our
management. In 2021 we completed
the first phase of our Fleet Control
Tower to monitor navigation parameters
and improve operations. Sevenships already have sensors installed
on them to measure emissions as
part of the Green and Connected
Ports project.

Baleària has an economic, social and
cultural pull effect on the regions in
which it operates. Because we are a
local shipping company with an international
vocation. That is why 78%
of our suppliers are local. In this way
the company passes on the value it
generates to its stakeholders.

The more than 1,600 people
who work for our company are
committed to providing excellent
service each day to the millions of
passengers and thousands of cargo
customers who travel with us. The
98.1% loyalty rate and the positive
feedback about our service are a
great incentive for us. We have invested
21% more in training through
the Baleària Business School in
order to adapt to the times and new
demands.

The digital transition, innovation and
the search for CO2-neutral energies
are what we navigate by. If there
is a true flagship for our green and
smart culture, it is the Eleanor Roosevelt,
the world's first fast ferry for
passengers and cargo powered by
natural gas engines. We have also
started building the first 100% electric
passenger and cargo ferry in the
Mediterranean, which produces zero
emissions during port stays and approaches
by using green hydrogen
as a test bed for this energy source.

We are strong because we are solvent
and reliable. The trust we generate
is our most important asset. As a responsible
company, we want to be a
driving force for cultural invigoration,
promoting cohesion, freedom and
inclusion in an open society. Through
the Baleària Foundation we have taken
part in more than 280 activities.
Our commitment to succeeding in
the future by conquering the present
means remaining a local shipping
company with soul and values,
sensitive to the social and economic
reality of our regions. A passion for a
job well done and roots we are proud
of will enable us to maintain our
robust leadership position.

Adolfo Utor
Chairman of Baleària

The company does not have a written policy for this matter, but it is controlled by the Ethics and Compliance Comitee, who informs all the departmens about this kind of risks.

The Ethics and Compliance Committee, set up in 2019, ensures that
all departments comply with current legislation and are aligned
with the ethical values and social responsibility of Baleària; it also
promotes improvements in these areas.

We attach here our information reported following the instructions of the Global Reporting Initiative (GRI). The information is reported directly in the final table of our COP or in the main pages of the COP.

405. Diversity and equal opportunities
405-01 Diversity of governance bodies and employees P.39 SDG 5
405-02 Ratio of basic salary and remuneration of women versus men Information not available.
SDG 5
406. Non-discrimination
406-01 Cases of discrimination and corrective actions undertaken Not included. SDG 5
407. Freedom of association and collective bargaining
407-01 Operations and suppliers with a significant risk of cases of child labour The company
supports the right of freedom of association and recognition of collective bargaining.
No centres or suppliers have been identified in this regard.
408. Child labour
408-01 Operations and suppliers with significant risk of child labour Not applicable
409. Forced or bonded labour
409-01 Operations and suppliers with significant risk of forced or bonded labour Not applicable
410. Security practices
410-01 Security personnel trained in human rights policies and procedures Security personnel
are sub-contracted and information on their human rights policy-related skills is not
available.
411. Rights of indigenous peoples
411-01 Cases of violations of the rights of indigenous peoples Not applicable.
412. Human rights assessment
412-01 Operations subject to human rights impact reviews or evaluations None performed
412-02 Employee training in human rights policies or procedures Baleària developed a
course on Human Rights with material offered by the Global Compact, which has been
incorporated into the catalogue of online courses available from the Baleària Business
School. In 2021, 6 people participated, with a total of 24 hours of training.
412-03 Significant investment contracts and agreements with human rights clauses or subject
to human rights evaluation None performed.

Baleària continued to adopt organisational
measures to help reconcile
personal, family and professional
needs, aligning these with the company's
objectives.

Baleària is in the process of reviewing
equality protocols and policies,
together with the social representation
of workers, with the aim of
guaranteeing greater equality in its
teams. It is also committed to inclusion
and diversity, for which reason
it signed the CEO Diversity Pact in
collaboration with the Adecco and
CEOE foundations.

TALENT MANAGEMENT

Baleària wants to achieve its goals by
embedding culture and values into
each of its actions. With the aim of
aligning staff behaviour and values,
the company adapted the Performance
Management System, based
on a competency model, which
represents the set of skills, attitudes and
knowledge that are fundamental in
the people who make up the company.
The assessments and actions
recorded from each evaluation will
be the basis for enhancing talent in
Baleària.

PERSONNEL COORDINATORS

This figure was created to assist
workers in aspects related to selection,
training and development,
among other areas.

JOB MAP

A visual matrix was created that
structures all the company’s
positions. This will improve decision-
making in relation to people
and team management.

MONTHLY SCORECARD

A reporting method was implemented
through a management control
tool to analyse and plan human
resources indicators.

‘BRÚJULA’ PROGRAMME

More than 130 employees volunteered
to be guides in the induction
plan for new recruits, Brújula (compass),
out of which 45 were trained
for this role.

‘KNOW MY AREA’ PROGRAMME

Monthly online meeting to inform
the whole team about the functions
and work of each department.

‘HERE TALENT’ PROGRAMME

Baleària participated in this programme
in collaboration with the
ESIC Business & Marketing School
and Valencia Plaza, with the aim of
incorporating the best junior talent
into its teams.

WORKFORCE PROFILE

The easing of restrictions and the
improved situation related to the
pandemic allowed Baleària to
increase its average workforce by
7% compared to the previous year,
driving the creation of jobs for both
Fleet and Shore personnel.

On the other hand, the shipping
company continues to find that this
is a largely male-dominated sector,
especially in the Fleet, despite the
fact that women are increasingly
represented in these jobs.

Baleària is committed to continuing
to professionalise the teams, incorporating
specialised personnel in the
different areas, ensuring the stability
and continuous improvement of the
people who make up the company.

We attach here our information reported following the instructions of the Global Reporting Initiative (GRI). The information is reported directly in the final table of our COP or in the main pages of the COP.

SOCIAL
Work-life balance (material issue)
103-1
103-2
103-3 Work-life balance is an issue of particular importance for employees, who would like the
company to offer measures to achieve such a balance, with the organisation playing a
fundamental role through direct actions. A work-life balance plan has been drawn up
for this purpose setting out measures, in addition to others that have already been implemented,
and which describes the company's current policies, commitments, objectives
and goals, resources, programme and initiatives. For the purposes of assessing the
cost-effectiveness and efficiency of this matter, the absenteeism rate will be evaluated,
among other points.
401. Employment
401-01 New recruits and staff turnover 237 new recruits; staff turnover has not been calculated.
401-02 Benefits for full-time employees not given to part-time or temporary employees The
social benefits apply equally to all workers, irrespective of their working hours. All
employees receive incapacity and disability cover and parental leave. Life insurance in
accordance with collective agreement and special terms for medical insurance. SDG 8
401-03 Parental leave In 2021, 26 parental leaves were recorded, of which
14 were taken by men (one did not return from leave) and 12 were taken by women (two
did not return from leave). SDG 5
402. Worker-company relations
402-01 Minimum notice periods for operational changes As established by current legislation.
403. Health and safety at work
403-01 Worker representation in formal worker-company health and safety committees 100%
of the workers are represented by the Health and Safety Committee, which is governed
by the provisions of Articles 38 and 39 of Law 31/1995 on the Prevention of Occupational
Risks.
403-02 Types of accidents and accident frequency rates, occupational diseases, lost days,
absenteeism and number of fatalities due to work-related accidents In 2021,
there were 18 occupational accidents, involving 14 men and 4 women, excluding
cases in itiniere. The reasons were overexertion (4), falls at the same level (1), collisions
with stationary objects (3), blows and cuts by objects or tools (3), in itinere
(2). With respect to accident rates, the incidence rate was 18.89, the frequency
rate was 9.55, the severity rate was 0.35 and the average duration was 36 days.
A total of 92,336 hours of absenteeism were recorded. Common contingencies
accounted for 4.34% and occupational contingencies for 0.85%.
There were no occupational diseases or deaths from work-related accidents.
403-03 Workers with high incidence or high risk of illnesses connected with their activity
None.
403-04 Health and safety issues dealt with in formal agreements with trade unions Within the
Health and Safety Committee, 100% of the issues regarding the prevention of occupational
risks are addressed, and agreements are reached on this matter.
404. Training and education
404-01 Average hours of training a year per employee P. 38 SDG 8
404-02 Programmes to improve employee skills and transition support programmes. P. 38
SDG 10
404-03 Percentage of employees receiving regular performance and professional development
evaluation P. 39
405. Diversity and equal opportunities
405-01 Diversity of governance bodies and employees P.39 SDG 5
405-02 Ratio of basic salary and remuneration of women versus men Information not available.
SDG 5
406. Non-discrimination
406-01 Cases of discrimination and corrective actions undertaken Not included. SDG 5
407. Freedom of association and collective bargaining
407-01 Operations and suppliers with a significant risk of cases of child labour The company
supports the right of freedom of association and recognition of collective bargaining.
No centres or suppliers have been identified in this regard.
408. Child labour
408-01 Operations and suppliers with significant risk of child labour Not applicable
409. Forced or bonded labour
409-01 Operations and suppliers with significant risk of forced or bonded labour Not applicable
410. Security practices
410-01 Security personnel trained in human rights policies and procedures Security personnel
are sub-contracted and information on their human rights policy-related skills is not
available.
411. Rights of indigenous peoples
411-01 Cases of violations of the rights of indigenous peoples Not applicable.
412. Human rights assessment
412-01 Operations subject to human rights impact reviews or evaluations None performed
412-02 Employee training in human rights policies or procedures Baleària developed a
course on Human Rights with material offered by the Global Compact, which has been
incorporated into the catalogue of online courses available from the Baleària Business
School. In 2021, 6 people participated, with a total of 24 hours of training.
412-03 Significant investment contracts and agreements with human rights clauses or subject
to human rights evaluation None performed.
413. Local communities
413-01 Operations involving the local community, impact assessments and development
programmes P. 42
413-02 Operations with significant real or potential negative impacts on local communities
Company activities that could generate negative impacts on local communities are
those connected with the noise generated by the ships' engines when they are in port.
414. Social evaluation of suppliers
414-01 New suppliers passing through selection filters in accordance with social criteria 27%
of the suppliers evaluated applied the social criteria required by the company (voluntary
certification of their occupational risk prevention system (OHSAS 18001/45001 or other))
and understand and apply the criteria included within the Baleària Code of Conduct
and Ethics.| SDG 5
414-02 Negative social impacts on the supply chain and measures taken 73% of the suppliers
evaluated could have some type of negative social impact, although these are not
significant. The relationship has not been terminated with any of these. The negative
social impacts that could occur in the supply chain are those that depend on manufacturers
in Asian countries, which provide services to Baleària's suppliers, and may be
involved in child or forced labour practices, etc.
415. Public policies
415-01 Contribution to political parties and/or representatives Baleària made no contribution
in this regard.
416. Customer health and safety (material issue)
103-1
103-2
103-3
Maritime safety is an aspect of overriding importance for Baleària, with a direct impact
on the services it provides. The Safety Management System covers its entire fleet, and
the company has a DPA in place for this purpose, and an area dedicated to compliance
with all requirements based on this aspect. The Management System is supported
by the company's maritime safety and environmental protection policy, establishing
a clear commitment to the implementation of policies to eliminate and/or minimise
risks to personal health, damage to the environment, equipment and ships, along with
compliance with the laws and legal regulations in force at the domestic and international
levels, thereby complying with the requirements of the ISM Code. This system is
continuously reviewed by the company by conducting internal inspections and audits,
and is also audited once per year by the authority in order to guarantee compliance.
416-01 Evaluation of impacts on health and safety in the product or service categories
Through its Safety Management System, safety committees, audits and management
tools, Baleària continuously evaluates compliance with the applicable health and safety
measures and promotes the continuous improvement of these measures on board
its ships and in its facilities. SDG 3
416-02 Cases of non-compliance related to health and safety impacts in the product and service
categories | None received. SDG 3
417. Marketing and labelling
417-01 Requirements for information and labelling of products and services Baleària uses its
website to inform customers as to control and safety measures established for embarkation
on its ships. On board, passengers are also provided with information cards on
the various methods of evacuating the ship they are sailing on, and they are informed
how to use these, should they be needed, by means of a video shown when the crossing
begins.
417-02 Cases of non-compliance connected with information and labelling of products None
received.
417-03 Cases of non-compliance related to marketing communications One warning was
received for outdoor advertising, which was withdrawn.
418. Customer privacy
418-01 Substantiated claims regarding violations of customer privacy and loss of customer
data None received in this regard.
419. Socioeconomic compliance
419-01 Breach of laws and regulations in the social and economic spheres None in the economic
sphere. In social terms these are insignificant.

Sustainable and
smart mobility at sea
is the driving force
behind Baleària, a
company inspired by
innovation and care
for the environment,
and involved in the
development and wellbeing
of people.

Baleària is the leading shipping
group in Spain, with more than
20 years of history in the maritime
transport of passengers, vehicles and
goods, with routes that link Mainland
Spain with the Balearic Islands,
Canary Islands, Ceuta and Melilla
on a daily basis. It is also the only
maritime company that connects
the four islands in the Balearic archipelago.
Internationally, it operates in
North Africa (Morocco and Algeria),
the south of France, and links the
United States and the Bahamas.
Our shipping company is a global
benchmark in sustainability thanks
to its pioneering commitment to
eco-efficient mobility driven by
cleaner and more eco-friendly
energy sources, such as natural gas,
allowing us to progress towards
decarbonisation. Baleària has some
thirty ships, nine of which form part
of a fleet equipped to sail using natural
gas, exemplifying the company's
energy transition. Under the slogan
‘Green Course’, the shipping firm
shares its commitment and participates
in projects linked to the use of
renewable energies, such as green
hydrogen and biomethane, with
the goal of achieving zero-emission
shipping by 2050.

Innovation is the key to the company's
identity and leadership. Baleària
is developing projects that place
digitisation and technology at the
service of the customer: it has a
fleet of smart ships that offer a fuller
and more personalised experience,
exploiting the capabilities of big data
to become a data-driven company,
among other initiatives.

Baleària is a local shipping company
with an international vocation, employing
more than 1,600 people, on
the shore and in the fleet. The company’s
impact also extends through
the Baleària Foundation, through
which it organises and encourages
social, cultural and environmental
actions with the aim of promoting
the development of the regions it
links and improving the well-being
of their inhabitants.

Natural gas consumption increased
by 36% in 2021, thanks to the eight
ships that were able to use this
cleaner fuel. In October, Baleària
opted to reduce its use and prioritise
it for port manoeuvres and stays, a
temporary measure in order to preserve
its competitiveness in the face
of the rising cost of this fuel.

The dual engines on these ships
are designed to run on CO2-neutral
renewable gas and partly green
hydrogen. It should be noted that
the shipping company is part of the
European Union's Green Hysland
project, which promotes the use of
green hydrogen in the Balearic Islands.

In addition, the engines of the Avemar
Dos fast ferry were replaced
with a model that reduces polluting
emissions.

Baleària increased the efficiency of
its routes and ships, as can be seen
from the ratio of tonnes emitted
in terms of miles sailed, which fell
slightly.

Gas-powered sailing reduces CO2 emissions
by up to 30%, NOX emissions by
85% and eliminates 100% of sulphur
emissions (SOX) and particulate matter
harmful to health.

Emission measurement

Green and Connected Ports

Baleària has been awarded a 50%
subsidy under the European Union's
Connecting Europe Facility 2014-2020
(CEF Transport) call for proposals. More
info p. 23.

Other sustainability initiatives

Circular economy

A new vessel was added to the circular
economy project which has enabled
more than 7 tonnes of plastic to be
converted into furniture for the ferryterraces.

Recycling Project

Baleària joined the Ecoembes project
that promotes recycling for social
purposes in the maritime stations of
València and Dénia.

DECARBONISED PILOT TRIP

In June, the Eleanor Roosevelt made
Europe’s first fast ferry pilot journey
using 100% renewable fuel. The ship
sailed between Barcelona and Menorca
using renewable biomethane,
avoiding the emission of more than
50 tonnes of CO2 into the atmosphere.
It also collaborated with Ports de
Balears in the first technical tests in
the port of Palma for the electrical
connection of ships to land.

We attach here our information reported following the instructions of the Global Reporting Initiative (GRI). The information is reported directly in the final table of our COP or in the main pages of the COP.

ENVIRONMENTAL
301. Materials
301-01 Materials used by weight or volume 13,838,540 ecological consumables used (cutlery,
glasses, plates, toothpicks, napkins, etc.).
301-02 Recycled materials used. The organisation has no recycled material used.
301-03 Reused products and packaging materials. The organisation has no reused products
and does not use packaging materials.
302. Energy
302-01 Energy consumption within the organisation. Electricity consumption - 1,040,990 Kwh
// Water consumption - 54,057.50m³ // Diesel consumption - 79,790m³ // Fuel consumption
- 72,565t // LNG consumption - 698,531.711kWh // Photovoltaic installation at Valencia
maritime station - 11,907.19kW P. 17.
302-02 Energy consumption within the organisation. Information not available.
302-03 Energy intensity. Ratio tCO2/mile: 0.411. This has decreased by 2.79% compared to the
previous year, due to the increase in LNG consumption. SDG 13
302-04 Reduction of energy consumption. The energy consumption of the maritime stations
was reduced by 32%, from 1,536 Mw to 1,040 Mw in this period. P. 17.
302-05 Reduction of energy requirements for products and services. Electricity consumption
in the Valencia branch decreased by 4%, due to the installation of photovoltaic panels,
from 79,649 kWh to 76,375 kWh. SDG 12
303. Water
303-01 Water extraction by source. The company obtains the water that it uses from the municipal
mains supply in the various locations where it operates. Water consumption in
regional offices in this period was 10,979 m³ and on vessels 44,397.40 m³.
303-02 Water sources significantly affected by water extraction. The sources used (municipal
networks) are not affected.
303-03 Recycled and reused water. Baleària does not use recycled water and has no resources
in place for water recycling.
304. Biodiversity
304-01 Operational sites owned, leased or managed, located within or adjacent to protected
areas or zones of high biodiversity value outside protected areas. Baleària does not
have any operational sites located within or adjacent to protected areas or zones of
high biodiversity value.
304-02 Significant impacts of activities, products and services on biodiversity. The significant
impacts identified by Baleària in connection with its activities are the: emission of combustion
gases from engines; generation of solid urban waste; generation of hazardous
waste; and consumption of natural resources (fossil fuels and water). To reduce these
impacts, Baleària implements various initiatives, including the use of natural gas,
thereby reducing CO2 and NOx emissions, and virtually eliminating the generation of
SOx and particles.
304-03 Protected or restored habitats. Participation in the following initiatives: Course on
aquatic birds in the Ebro Delta Natural Park. “Plàstic 0” in the Ses Salines Natural Park -
Formentera. Whale watching in the Strait of Gibraltar. University of the Balearic Islands
(UIB): Research into entomological fauna - especially butterflies and bees - in Formentera.
UIB research - Biobidal butterflies in the S’Albufera Menorca Natural Park. Cleaning
of the port of Sant Antoni, Ibiza. SDG 14
304-04 Species on the IUCN Red List and national conservation lists whose habitats are within
areas affected by operations. 26 vulnerable and 10 endangered species.
305. Emissions
305-01 Direct GHG emissions (scope 1). P. 17 . SDG 13
305-02 Indirect GHG emissions through energy generation (Scope 2). On ships, on-board electricity
is produced through the use of auxiliary engines or shaft generators (through the
operation of the main engines), so this indicator is directly related to the consumption
of the main and auxiliary engines. SDG 13
305-03 Other indirect GHG emissions (3) Information not available. These are not measured
and are not expected to be calculated in the short term.
305-04 Intensity of GHG emissions P. 17 SDG 13
305-05 Reduction of GHG emissions P. 17 SDG 13
305-06 Emissions of ozone-depleting substances (ODS) Information not available. These are
not measured.
305-07 Nitrogen oxides (NOX), sulphur oxides (SOX) and other significant air emissions Information
not available. These are not measured.
306. Effluent and waste
306-01 Discharge of water in accordance with quality and destination Waste water is generated
by the company’s ships and handed over at the different ports via the MARPOL
service. Waste water discharged by marine stations comes from human use and goes
into the sewage system. 7,576.60 m3 of bilge water was generated, which was removed
from the vessels by authorised companies for subsequent treatment.
306-02 Waste by type and disposal method 14,090.49 m3 of MARPOL V category waste was
generated on board the ships, which was removed in port by different authorised
companies.
306-03 Significant spills These are measured through the reporting of such incidents by ships
and port authorities. Two incidents were recorded: 25/05/2021 ferry Marie Curie in Huelva
(100 litres of engine oil). 18/06/2021 ferry Posidonia in Formentera (10 litres of hydraulic
oil).
306-04 Hazardous waste transport Baleària is not involved in the transportation of hazardous
waste. Any hazardous waste that might be carried by Baleària is shipped as freight
and transported on self-propelled vehicles operated by waste managers, without the
shipping company interacting with this type of merchandise at any time.
306-05 Water bodies affected by water discharge and/or run-offs Baleària does not perform
water discharges or run-offs. The waste water generated by its ships is delivered to onland
treatment facilities.
307. Environmental compliance
307-01 Breach of environmental regulations and legislation No notices received of proceedings
in this regard.
308. Environmental evaluation of suppliers
308-01 New suppliers that have passed evaluation and selection filters in accordance with environmental
criteria 18.7% (+2% from the previous year) of the suppliers evaluated apply
environmental criteria as required by the company (information on certified environmental
management systems).
308-02 Negative environmental impacts on the supply chain, and measures taken 82.4% of
the suppliers evaluated do not have a certified environmental system. Relations with
them have not been terminated, although work is underway to offer improvements.
The negative environmental impacts in the supply chain are the CO2 emissions emitted
during the transport of the material transported to the company’s regional branches.
It should also be noted that, in order to reduce these emissions, priority is given to local
suppliers.

The company does not have a written policy for this matter, but it is controlled by the Ethics and Compliance Comitee, who informs all the departmens about this kind of risks.

The Ethics and Compliance Committee, set up in 2019, ensures that
all departments comply with current legislation and are aligned
with the ethical values and social responsibility of Baleària; it also
promotes improvements in these areas.

ETHICS CHANNEL
A whistle-blowing channel was
published on the Baleària website so
that any stakeholder can report any
possible ethical or legal misconduct.

No cases of corruption have been
detected. Baleària has an email address so that employees or suppliers can report any
illicit behaviour they detect.

We attach here our information reported following the instructions of the Global Reporting Initiative (GRI). The information is reported directly in the final table of our COP or in the main pages of the COP.

205. Anti-corruption
205-01 Operations evaluated for corruption-related risks The company has a Criminal Offences
Prevention Manual and appointed a committee for this purpose.
205-02 Communication and training on anti-corruption policies and procedures No training
has been conducted on this topic.
205-03 Confirmed cases of corruption and actions taken No cases of corruption have been
detected. Baleària has an email address so that employees or suppliers can report any
illicit behaviour they detect.