PRESS RELEASE




AFYREN awarded Silver Medal by ECOVADIS
with an improved score




• AFYREN’s silver rating confirmed by sustainability ratings leader EcoVadis, with
a score improved by 7 points

• AFYREN is in the top 15% of all companies evaluated

Clermont-Ferrand/Lyon, November 19th, 2024, 07:30 am CET - AFYREN, a greentech company that
offers manufacturers biobased, low-carbon ingredients produced using unique fermentation technology
based on a completely circular model, is awarded a silver medal by EcoVadis, one of the most
recognized independent CSR assessment platforms, and outperforms its score of last year.

For the second year in a row, AFYREN has been awarded a silver medal by the global rating platform
EcoVadis, with a score of 68/100, placing the Company in the top 15% of companies in terms of
sustainable development and in the top 8% of its industrial sector.

AFYREN's rating improved by 7 points compared to last year, despite a more demanding set of criteria
due to a change in category (from Small to Medium-sized company). This recognition testifies to
AFYREN's continuous efforts in terms of Corporate Social Responsibility (“CSR”) with a notable score
improvement both in the Social and Ethics categories.

EcoVadis ratings are based on international CSR standards, such as the Ten Principles of the United
Nations Global Compact, the conventions of the International Labour Organization (ILO), the Global
Reporting Initiative (GRI) and ISO 260000. These ratings provide an evidence-based analysis of
performance and an actionable roadmap for continuous improvement. Each company is assessed on
key issues according to its size, location and business sector.

Caroline PETIGNY, AFYREN's Chief Sustainability Officer, stated: "We are delighted to have
improved our Ecovadis score and maintained our silver medal this year, despite a more demanding set
of criteria. Throughout its development, AFYREN continues its progress in terms of CSR and wishes to
increase its impact. Sustainability is core to our value proposition, but we are striving to go even further,
combining industrial development with best practices in terms of environmental and social
responsibility."




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About EcoVadis

EcoVadis is the world's leading platform for assessing and rating corporate sustainability performance.
It offers innovative solutions for measuring, monitoring and improving the CSR practices of companies
worldwide. Its main objective is to promote CSR by assessing performance using a rigorous
methodology and transparent rating criteria. More than 130,000 companies in over 180 countries have
been assessed by EcoVadis. The EcoVadis evaluation takes into account 21 CSR criteria divided into
four fundamental themes: Social Environment, Human Rights, Ethics and Responsible Purchasing.


About AFYREN

AFYREN is a French greentech company launched in 2012 to meet the challenge of decarbonizing
industrial supplies. Its natural, innovative and proprietary fermentation technology valorizes local
biomass from non-food agricultural co-products, replacing petro-sourced ingredients usually used in
many product formulations. AFYREN's 100% biobased, low-carbon and sustainable solutions can meet
decarbonization challenges in a wide variety of strategic sectors: human and animal nutrition, flavors
and fragrances, life sciences and materials, and lubricants and technical fluids. AFYREN's plug-and-
play, circular technology combines sustainability and competitiveness, with no need for manufacturers
to change their processes.

The Group's first French plant, AFYREN NEOXY, a joint venture with Bpifrance's SPI fund, is located in
the Grand-Est region of France, in Saint Avold, serving mainly the European market.

AFYREN is also pursuing a project in Thailand with a world leader in the sugar industry, and is
developing its presence in the Americas, following up on distribution agreements it has already signed.

At the end of 2023, the AFYREN Group employed about 120 people in Lyon, Clermont-Ferrand and
Carling Saint-Avold. The company invests 20% of its annual budget in R&D to further develop its
sustainable solutions.

AFYREN has been listed on the Euronext Growth ® exchange in Paris since 2021 (ISIN code:
FR0014005AC9, mnemonic: ALAFY).

Find out more: afyren.com




Contacts
AFYREN NewCap NewCap
Director for ESG, Communications Investor Relations Media Relations
and Public Affairs Théo Martin / Mathilde Bohin Nicolas Mérigeau / Gaëlle Fromaigeat
Caroline Petigny Tel: 01 44 71 94 94 Tel: 01 44 71 94 98
caroline.petigny@afyren.com afyren@newcap.eu afyren@newcap.eu

Investor Relations
Mark Reinhard
investisseurs@afyren.com




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