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Goldman Sachs GS SUSTAIN Other circularity regulations impacting corporates: Circularity regulation is increasing across global jurisdictions as focus on sustainability continues to push beyond decarbonization through energy. Expanding from our discussion on the Circular Economy Wave Coming to Europe, we outline a few examples of circularity-focused regulations and legislation being implemented around the globe with potentially significant implications for corporates. This non-comprehensive list is just the start to circularity regulations, and momentum behind legislative efforts is and will continue to pick up as public focus on waste grows. Exhibit 27: Example regulations and legislation related to key circular economy components and themes Source: Goldman Sachs Global Investment Research 3 May 2022 26

GS SUSTAIN: Circular Economy Report - Page 27 GS SUSTAIN: Circular Economy Report Page 26 Page 28

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