SS S TRTR WORKING WITH GOVERNMENT TR AA A TETE 2023 TARGETS AND GOALS PROGRESS TE GG G II Continue to work with the – Supported the UK Government’s I CC C R R UK Government to showcase GREAT campaign featuring R EE the very best in advanced campaign ambassador, Welsh E PP P OO British engineering and design singer, Katherine Jenkins OBE. O RR R TT worldwide – Worked with the UK Consulate T Help achieve the UK in New York to support a VIP Government’s aim to increase celebration of the coronation of GG HM King Charles III. G OO UK exports to £1 tn per year – Delivered high-profile product O VEVE by 2030 launch events worldwide. VE RR R NANNAN – 5,515 wholesale cars exported NAN in 2023. Global CC Maintain engagement with – Parliamentary reception hosted in C EE government to support the Speaker’s House attended by E sustainable growth across over 100 parliamentarians and UK Investment Summit FF the UK automotive sector, Government ministers. F II I NANNAN including expansion of the UK- – Selected to showcase British In November, Aston Martin was delighted to be part of the UK NAN based supply chain engineering and design at the UK Government’s Global Investment Summit. Speaking alongside CC C IALIAL Global Investment Summit. the Secretary of State for Business and Trade, Rt Hon Kemi IAL S S Badenoch MP and other automotive industry leaders, Aston S TT BUSINESS CONTEXT Martin Executive Chairman Lawrence Stroll discussed the T AA A TT strength of the UK’s engineering talent, the unrivalled quality of T EE Aston Martin is a global business and leading UK exporter with 145 E MM British luxury craftsmanship and why the future is bright for the M EE dealerships overseas in 53 countries. Since 2020, the number of Aston E NN country’s advanced manufacturing sector. N TT Martin cars wholesaled internationally has more than doubled. In T SS 2023, we exported 83% of our production, with export volumes rising S 3.6% to 5,515 wholesale cars, supporting UK exports to the value of Apprentices from our Gaydon and St Athan manufacturing facilities proudly showcased DBX707 and DB12 at Hampton FF around £1.3bn. Nine out of the top ten Aston Martin dealerships are F UU Court Palace, sharing their Aston Martin journey with attendees U RR located overseas, with our Tokyo dealership emerging as the number R TT T HH one location for new car sales globally in 2023. As a flag bearer for including the Secretary of State for Transport, Rt Hon Mark H EE E RR British industry and innovation, we are committed to supporting the Harper MP, Rt Hon David Davies MP, Secretary of State for Wales R INF INF wider success of UK exporters and the UK automotive industry by and Automotive Minister Nusrat Ghani MP. INF OROR working with government. This plays a key role in advancing our OR MM positive social and economic impact. The Company’s success as M AA A TT an exporter currently helps underpin 2,672 direct jobs in the UK T II I ONON and further jobs across the wider supply chain, with the Company ON spending more than £200m in the UK procuring components and Policy and standards services every year. We are committed to building a responsible supply chain with our partners. Our approach and expectations of our suppliers is set out in the Aston Martin Responsible Procurement Policy which was revised in 2023 by defining our business values, the expected behaviours & minimum requirements of all Aston Martin suppliers. The policy will be rolled out in 2024. ASTON MARTIN LAGONDA ANNUAL REPORT AND ACCOUNTS 2023 55
