Integrated Risk Management

Our risk review process includes regular assessments of global trends such as policy and regulatory developments, market dynamics, and technological advancements.

At FPS, we apply an integrated risk management approach designed to safeguard business continuity, strengthen organizational resilience, and support long-term value creation.

This approach is closely aligned with our corporate strategy, sustainability objectives, and regulatory obligations, enabling the proactive identification and management of risks across strategic, operational, financial, and ESG dimensions.

Risk management is embedded throughout the organization, spanning daily production activities, global supply chain operations, and regulatory and strategic planning processes. We systematically gather insights from field teams, suppliers, and operational managers to identify emerging risks at an early stage. These inputs are assessed through a structured evaluation process and prioritized based on their likelihood and potential impact.

100%

of all sites covered by the integrated risk management

Rather than responding reactively, FPS emphasizes preventive measures and the development of contingency plans to mitigate potential disruptions, including those related to supply chain volatility, regulatory changes, and environmental challenges.

Our risk review process includes regular assessments of global trends such as policy and regulatory developments, market dynamics, and technological advancements. The outcomes of these reviews are reported to the Board to support informed strategic decision-making. Cross-functional collaboration ensures shared ownership of risks across departments, enabling timely responses, effective mitigation, and continuous improvement.

This comprehensive risk management framework enables FPS to:

Maintain resilient and efficient operations across its global manufacturing footprint, including all manufacturing sites
Minimize financial, environmental, and reputational risks.
Effectively manage risks related to climate change, compliance, and supply chain disruptions.
Uphold stakeholder trust through responsible, transparent, and ethical business practices.

In addition, FPS has implemented a dedicated trade sanctions risk management system to strengthen compliance and risk prevention. Through the NAVEX platform, routine global sanctions screenings are conducted, providing risk reports that help ensure FPS does not inadvertently fall within the scope of international trade sanctions.

LEGAL DISCLAIMER

This Sustainability Report, reflecting FPS’ current sustainability initiatives and targets, has been developed based on information available at the time of preparation and is provided for informational purposes only as of the date of publication. This report contains statements regarding current expectations, objectives, plans, and future developments related to sustainability matters. Such statements are based on information, assumptions, and circumstances existing at the time of publication and may change over time due to evolving conditions and circumstances beyond the control of FPS. While FPS aims to present accurate and up-to-date information, no representation or warranty, express or implied, is made regarding the completeness, accuracy, or reliability of the information contained herein. Certain figures and data may be subject to rounding or future revision. Unless expressly stated otherwise, nothing in this report shall constitute a legally binding obligation, representation, warranty, or commitment by FPS. This report should be read together with FPS’ policies and applicable legal and regulatory requirements.