Quality Policy

ElevenEs aims to meet and, when possible, exceed the highest quality and product safety requirements in its production activities and distribution of the products. This is being done within the framework of the International Organization for Standardization, according to the requirements of ISO 9001:2015. We believe that we can respond well to all market demands within our business, and we intend to comply with all regulatory requirements and corresponding national laws. Our products are to be delivered in full compliance with the European Battery Regulation ((EU) 2023/1542)1, which includes appropriate standardised procedures for performance and safety testing, product labelling and full traceability, developing laboratory recycling processes and re-use of the materials, as well as Good Practice Guidance and normative standards for transport and waste management. By this, we emphasise the importance for us to meet all specifications and requirements demanded by our customers, in addition to permanently considering legal requirements of safety that affect our business, our staff and our facilities.

ElevenEs was established in 2020 as a spin-off of the Al Pack Group, an aluminum packaging company. The goal behind the project was to use decades of aluminum manufacturing experience and expertise in coating and foil processing, to contribute to the transition to clean energy development and the EU and global climate goals, by creating European battery manufacturing facilities for delivering the latest generation, affordable LFP cells.

ElevenEs opened its Lithium-iron phosphate (LFP) battery R&D laboratory centre in 2021, and in March 2022 registered as an individual company in the Serbian market. Our LFP pilot manufacturing facility with 10MWh capacity was opened in April 2023. Committed to learning and implementing the best solutions and practices, ElevenEs is preparing for the next scale up stage: building and launching Mega factory 1,000MWh capacity in Serbia, Europe.

Our Mission is to create accessible, safe and sustainable batteries for industrial applications, energy storage systems and electric vehicles.

Our Vision is to redefine energy storage principles, empower people to explore the unknown, envision new possibilities and make ecological decisions. Energy is what we store in our batteries and release within our organisation.

ElevenEs has defined this Policy applicable to all our activity, which includes the following general objectives:

• Comply with applicable laws and regulations concerning battery manufacturing, occupational health and safety, environmental and energy, while providing its customers with products and services according to their needs and the requirements of Quality and Safety Product.

• Commitment to ensure the availability of information and of necessary resources to achieve objectives and targets.

• Continuously improve the effectiveness of internal and external communication with our customers, suppliers, and all relevant parties.

• Establish a quality, safety, security, environmental and energy management system that include the protection of the environment and promoting continuous improvement in a safe and sustainable environment, energy performance.

• Take responsibility for our environmental and safety commitments, ensuring that our products and facilities meet all standards expected by our customers.

• Continually review safety policies, standards, and procedures to effectively manage risks associated with changes in products, processes and technologies.

• Make available to interested parties all information regarding the traceability of all our products marketed to demonstrate the effectiveness of our system.

• Continuously improve the effectiveness of the quality management system by periodic assessment of the results and verifications.

• Enable sustainability of Manufacturing Operations through minimum impact on the environment.

• Energy reduction initiatives at Site level. Following a systematic approach in achieving continual improvement of energy performance, including energy efficiency, energy use and consumption.

• Supporting the purchase of energy-efficient products and services, and design for energy performance improvement.

• Uphold ethical standards in our business relationships with customers and suppliers, as well as in our hiring practices.

• A commitment to fostering job responsibility and promoting it among workers.

• Promote awareness of our staff and suppliers of the principles outlined in this Policy, encouraging training and the adoption of good manufacturing practices.

ElevenEs confirms that this Policy is disseminated tandon adopted by all company personnel. ElevenEs also regularly reviews the policy content, and adapts its activities and to the overall company strategy accordingly.