STATEMENT: Astara is committed to a business model that contributes to the transformation of the mobility industry

(Information sent by the signatory company).

STATEMENT: Astara is committed to a business model that contributes to the transformation of the mobility industry

(Information sent by the signatory company)

Globally, one in three vehicles sold by Astara through its distribution business is electric or hybrid. The company has managed to electrify more than 35% of its employee fleet. More than 40% of the energy consumed in its facilities comes from renewable sources

Madrid, April 25, 2024.- Astara, one of the leading companies in global mobility solutions, today presents its 2023 Sustainability Report, the second prepared by the company, where it shows the progress in its commitments to achieve a positive impact on the 19 countries in which it operates. In 2023 Astara committed to achieving carbon neutrality in its operations by 2027* (scope 1 and 2), by electrifying 90% of its employee fleet, and reaching 100% renewable energy consumed in its facilities as part of its mission to make mobility more accessible and sustainable. As an important component of its carbon neutrality strategy, the company is developing a demanding carbon offset plan, with the objective that 80% of the offset be made through projects aimed at the elimination of CO2e. In its second sustainability report, Astara shares specific environmental and social progress, such as electrifying more than 35% of its employee fleet and increasing renewable energy consumption to 40%, maintaining its commitment to reach 100% by 2027. Sustainability is in the company's DNA, both in its ownership business (purchase of vehicles) and in its pay-as-you-go business (subscription and carsharing). Already in 2023, one in three vehicles sold by Astara in Europe, Latin America and Southeast Asia was electrified. In terms of subscription and carsharing, more than 50% of its fleet is electrified. According to Jorge Navea, CEO of Astara: "Astara's sustainability strategy was born with the objective of leading the change towards more sustainable and efficient mobility. An ambitious plan that we make a reality thanks to the wide range of services and mobility options that we provide to users and companies, always adapting to the needs of our clients and optimizing the use of resources. With all this, we reaffirm our commitment and our role in this. sustainable mobility revolution."Among its achievements in the circular economy, the company has managed to increase sales of second-hand vehicles by 50% and has raised its global waste utilization rate to more than 50%.Towards a sustainable future and collaborativeAstara recognizes that a collaborative approach is essential to advance sustainable mobility and is part of more than 40 entities in the sector that lead the conversation on the future of mobility and promote synergies within the industry. These include Climate Group EV100, a global initiative that brings together leading companies from different sectors committed to the complete electrification of their fleets by 2030, and Fundamentales, a pioneering alliance of companies born in Spain and aimed at promoting initiatives to improve mental health in society. In addition , is a signatory of the United Nations Global Compact, through which Astara has committed to the principles of the United Nations Global Compact on human rights, labor, the environment and the fight against corruption.The value of people Astara is immersed in a transformation process to update and optimize the value proposition for its employees, developing initiatives that promote diversity, equity and inclusion and drive local sustainability achievements at a global level in the 19 countries in which it operates. .Rocío Rufilanchas, Chief People

ContactContact name: Virginia ManriqueContact description: Press Office - ASTARAContact phone: 683274953

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