ANNUAL REPORT 2021

Annual report 2021 Železiarne Podbrezová a.s. 42 Since 1990, the Company has made significant investments which increased energy efficiency of The environmental policy of ŽP a.s. adopted by Company management in 1999 contributed to atmospheric protection and significantly improved the quality of the environment. ŽP a.s. has made numerous investments in environmental protection and energy efficiency to reduce natural gas consumption and carbon dioxide emissions and to increase the share of renewable energy sources in the total energy consumption of the Company – Table 3. The calculations only take into account direct carbon dioxide emissions from Železiarne Podbrezová a.s. and do not include other types of emissions related to steel production. The data cover all types of mixtures, fuels and media (eg natural gas, fuel oil, hard coal, anthracite, coke, etc) used in production plants and metallurgical processes which contribute to direct carbon dioxide emissions. The data are from documents approved by expert verifiers of annual reports from the respective years and documents approved by a UNFCCC international assessment committee (data from 1990). production facilities and reduced carbon dioxide emissions. The most important investments are described in Table 2. Investment Year of performance Capital expendi- ture (EUR) Construction of a new high-performance electric steel plant with a project- ed annual capacity of 220 kt of steel and 390 kt after intensification 1990 – 1993 30 800 000 Reconstruction of carousel furnace 1997 600 000 Reconstruction of two stations for heating tundishes of continuous casting installations 2002 160 000 Reconstruction of a step furnace before SRW, regenerative burners 2004 1 200 000 Modernisation of annealing furnaces 2004 – 2007 2 600 000 Modernisation of a butt-welding elbows workshop, induction furnace 2007 – 2008 650 000 Installation of three oxygen-fuel burners into an electric arc furnace 2007 800 000 Construction of a new continuous casting installation 2013 10 000 000 Construction of a new system of electric arc furnace dust collection/removal using waste heat to heat all structures in the old plant when outside tem- perature is higher than -10°C, including supply of hot service water 2013 9 500 000 Total Investments 56 310 000 Tab. 2: Most Important Investments at Železiarne Podbrezová since 1990 GREEN STEEL ŽELEZIARNE PODBREZOVÁ A.S. AND ITS MISSION TO UNDERTAKE GREENSTEEL PRODUCTION