INTEGRATED REPORT 2022

Table of Contents

1.

INTRODUCTION TO CTT

6

1.1

Statement of the Chairman of the Board of Directors

7

1.2

Statement of the CEO

9

1.3

Explanation of the nature of the Integrated Report

13

1.4

Key figures

15

1.5

External awards and distinctions

18

1.6

How we are organized

21

2.

STRATEGIC BACKGROUND

24

2.1

Economic, Sectoral and Regulatory Environment

25

2.2

Strategic lines

39

2.3

Sustainable Development Goals

42

3.

CTT BUSINESS UNITS

48

3.1

Mail

49

3.2

Express & Parcels

56

3.3

Banco CTT

58

3.4

Financial Services

59

3.5

Future Perspectives

60

4.

PERFORMANCE AND ESG COMMITMENTS

63

4.1

ESG Commitments and Sustainable Development Goals

64

4.2

Economic and Financial Performance

71

4.3

Innovation

78

4.4

Decarbonisation towards Net Zero

89

4.5

People Engagement

106

4.6

Community Engagement

124

4.7

Taxonomy

139

5.

CORPORATE GOVERNANCE

147

6.

PROPOSAL FOR THE APPROPRIATION OF RESULTS

249

7.

CONSOLIDATED AND INDIVIDUAL FINANCIAL STATEMENTS

252

8.

DECLARATION OF CONFORMITY

460

9. REPORTS - AUDIT REPORT, REPORT AND OPINION OF THE AUDIT COMMITTEE

AND INDEPENDENT LIMITED ASSURANCE REPORT

464

10.

INVESTOR SUPPORT

488

11.

WEBSITE

491

ANNEX I - CURRICULA

493

ANNEX II - MANAGEMENT TRANSACTIONS OF CTT SHARES

524

ANNEX III - ESG INDICATORS

547

ANNEX IV - GRI INDEX

555

CONTACTS

568

6

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CTT – Correios de Portugal SA published this content on 16 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 March 2023 18:44:02 UTC.