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21 | 2024 SUSTAINABILITY REPORTNuvidaSabert%u2019s fully owned recycling facility produces high-quality resin from post-consumer waste that can be used for food packaging and other applications. Growth and InvestmentNuvida continues its strong trajectory of growth in providing high-quality recycled resin. Since 2019, more than 34,580 MT of PCR waste has been recycled at Nuvida. In 2024, Nuvida was named a finalist in the prestigious Sustainable Packaging Coalition (SPC) Innovator Awards, recognized for Innovation in a Recovery Process or Technology for its technology that recycles post-consumer plastic bottle labels, a class of waste that is not recycled at most facilities due to special processing requirements to remove and separate the labels. This innovation enables Nuvida to remove contaminants from these waste streams to produce high-quality, post-consumer recycled resin for adoption in the market.To date, our commercialized recycled label resin, Advantage 500, has successfully diverted 126 MT of labels from landfills, and we completed an expansion that will double capacity.High-Quality Recycled ResinNuvida provides high-quality mechanically recycled resin for both food-contact and non-food-contact applications, serving a range of industries from food packaging to automotive. It is one of the world%u2019s leading processors and suppliers of food-grade recycled polyolefins%u2014a category of recycled plastic materials in high demand to help the food industry meet packaging goals for recycled content and support the transition to a circular economy. Thanks to Nuvida%u2019s advanced processing technologies, our food-grade PCR resin has received a letter of no objection from the U.S. Food and Drug Administration for use in highly regulated applications with direct food contact. This diverts post-consumer waste from landfills or from downcycling to lower quality material.NUVIDA WASTE RECYCLED & RESIN PRODUCEDMaterials Recycled (MT)Resin Produced (MT)2019002,0002,0004,0004,0006,0006,0008,0008,00010,00010,00012,00012,00014,00014,00016,00016,00020202021202220232024201920202021202220232024PCR RecycledFood Grade Produced Non-Food Grade ProducedPIR RecycledPost-consumer bottle labels recycled at Nuvida. Nuvida%u2019s Advantage 500 resin made from certified 100% post-consumer recycled content from bottle labels.