ANNUAL REPORT 2021

Annual report 2021 Železiarne Podbrezová a.s. 20 the students and the school paid motivational scholarships and incentives for productive work to students undergoing on-the-job training. SSOŠH ŽP is part of the dual education process that combines school education with practical experience with an employer. The school has operated in this way since it was reopened by Železiarne Podbrezová in 2003 and we will continue to support this educational system for creating a qualified workforce. In 2021, the Company supported 17 employees during their study while working to increase their qualifications with work concessions. Thirteen of the students studied for a bachelor’s degree in metallurgy at the Technical University of Košice. Four employees studied for an engineering degree at different faculties of the Technical University of Košice. Železiarne Podbrezová cooperates with eight universities based on a memorandum signed in 2017.We have a long-term close cooperation with the Faculty of Materials, Metallurgy and Recycling of the Technical University in Košice, and together we organise open-door days at our school and at the faculty, where we present study opportunities and graduate job opportunities at our Company. The Company offers university scholarships to selected talented secondary school students from our private schools. We cooperate with the IT Department of the Matej Bel University, in connection with grammar school IT classes and our subsidiary, ŽP Informatika, s.r.o. Targeted cooperationwithuniversities includes scholarships, professional internships, and graduation theses and is focused on obtaining qualified employees for the Company. Added value & Expenses per employee 29 23 26 19 27 21 19 22 21 23 2018 2017 2019 2020 2021 Added value per employee (EUR '000) Expenses per employee (EUR '000) Number of employees (FTE) 3165 3204 3190 2993 3018 24% 24% 24% 24% 24% 2017 2018 2019 2020 2021 Number of employees Share of women REPORT BY THE BOARD OF DIRECTORS ON BUSINESS ACTIVITIES, ASSETS AND FINANCIAL PERFORMANCE IN 2021 AND INFORMATION ON THE BUSINESS PLAN