Industries Qatar Q P S C : Refer to 2021 Sustainability report

Message from the Chairman

and Managing Director

I am pleased to present our second Sustainability Report for Industries Qatar (IQ) Group. Sustainability has gained prominence over the last few years around the world as climate change is proving to be a reality day by day. The group is therefore committed to the environment and socioeconomic developments in a responsible manner which reflects in the Group's performance in terms of reducing emissions, ensuring safe operations and contributing to the local communities. To demonstrate this and what has been achieved we highlight our performance for 2021 in this report.

The Group continues to invest in environmental projects to optimize and efficiently use natural resources and reduce the generation of emissions, effluents, and waste which include recycling of process wastewater, carbon dioxide recovery, reduction of nitrogen oxide emissions, recycling steel scrap etc,. The Group endures to manage responsibly its operations

by ensuring highest personal and process safety, while maintaining efficiency and reliability of its operations. On social front the Group supports local communities and programs in line accordance with its own program of social responsibility.

We are optimistic about our approach and our ability to respond to our stakeholders' needs, as we are embracing innovation and our approach towards operational excellence, while remaining focused on our long-term aspirations and leveraging our global supply chain strengths, operational efficiencies, and capital preservation strategies. We will continuously strive to enhance our systems to create value for our people, society, and the environment.

I would like to thank you for your interest in Industries Qatar and invite you to read the following report to learn about our sustainability journey for 2021. We look forward to continuing our cooperation to achieve our shared commitment to a more sustainable future.

His Excellency Mr. Saad Sherida Al-Kaabi

Industries Qatar's Chairman and Managing Director

About This Report

Through this report, we exhibit our dedication to transparency and constructive engagement with our internal and external stakeholders, providing them with informative summaries of our businesses from governance, economic, social, and environmental perspectives.

In this report, we disclosed our operational & ESG performance for the four Group Companies:

This report covers information related to the management approach and performance on the topics that are material to our business and stakeholders.

The information and data disclosed are gathered from relevant functional departments within the group. Our approach for data collection, calculation methodologies, and assumptions, if any have been specified in the report. Greenhouse gas (GHG) emissions are substantiated by a QatarEnergy appointed verifier. The report has not been subjected to external verification. However, the data and information have gone through an interactive review process to identify any potential inaccuracies and ensure reliability.

REPORTING PERIOD: The report covers 2021 calendar year.

Qatar Fertiliser Company P.S.C

(QAFCO)

Qatar Steel Company

Q.P.S.C (QS)

Qatar Petrochemical Company

Q.P.S.C (QAPCO)

Qatar Fuel Additives Company

Limited Q.P.J.S.C (QAFAC)

CONTACT US

For feedback and comments on this report, please send an email to:

Privatized Companies Affairs Department, QatarEnergy iq@qatarenergy.qa

OUR ADDRESS

Industries Qatar Q.P.S.C.

P.O. Box 3212, Doha, Qatar

Tel: 974 4013 2080

Fax: 974 4013 9750

The sustainability aspects in this report are summarized and presented at a consolidated level for IQ and its Group Companies. For a more detailed information and disclosures related to the group companies kindly refer to the individual sustainability reports published on respective Group company websites.

The report has been prepared considering GRI Standards. This report also references the requirements as per Sustainability Accounting Standards Board (SASB), Oil and Gas Sector Standard, the International Petroleum Industry Environmental Conservation Association (IPIECA) and Qatar Stock Exchange (QSE) Environmental Social and Governance (ESG) Guidance. Furthermore, this report highlights our role in supporting the United Nations Sustainable Development Goals and the Qatar National Vision (QNV) 2030.

Disclaimer

This report contains not only past and present facts but also includes statements that may be deemed as "forward-looking statements" which express the way in which IQ intends to conduct its activities. Forward statements could be identified by the use of forward-looking terminology such as "plans", "aims", "assume", "continues", "believes", or any variations of such words that certain action, events or results "may", "could", "should", "might", "will", or "would" be taken or be achieved. We have made every effort to ensure the report is as accurate and truthful as possible. However, by their nature, forward- looking statements are qualified due to inherent risks and uncertainties surrounding future expectations that could cause actual results to differ materially from these projected or implied statements. Such statements are subject to risks that are beyond IQ's ability to control and therefore do not represent a guarantee that event implied in these forward-looking statements will actually occur.