pg. 4

"PUMA has its own team of auditors and also works with designated third-party auditors, who are located around the world. During those audits, we look for indicators of forced labor as well as associated indicators of risk, such as the presence of migrant workers, excessive overtime or a lack of functioning worker representation.

In 2020, we continued to achieve nearly 100% compliance monitoring of our active Tier 1 manufacturing partners. Despite travel restrictions and partial lockdowns, in 2020 we were able to collect 490 audit reports from 406 factories. Seven factories could not sufficiently meet our requirements or didn't show significant performance improvements. Consequently, these factories were delisted from our active supplier factory base."

pg. 3

"Suppliers' selection through a careful screening process to engage only with business partners who share our commitment to uphold the highest labor standards; Conducting regular announced and unannounced audits as well as third-party assessments from the Fair Labor Association (FLA) to better understand local contexts and leverage opportunities."