Is the company excluded from EU Paris-aligned Benchmarks? How is the transition plan embedded in and aligned with the overall business strategy and financial planning? Is the transition plan approved by administrative, management, and supervisory bodies, and what progress has been made in its implementation?

1. Undertaking is Excluded from EU Paris-Aligned Benchmarks Definition of EU Paris-Aligned Benchmarks: The EU Paris-Aligned Benchmarks are financial benchmarks that are designed to align investment portfolios with the goal of limiting global warming to well below 2°C, in line with the Paris Agreement. These benchmarks take into account carbon-intensive assets and assess the transition risk of the underlying assets. Exclusion from EU Paris-Aligned Benchmarks: If the company is excluded from these benchmarks, explain the reasons for exclusion. This may include: The company’s current exposure to high-carbon industries (e.g., oil, gas, coal). Transition risks due to the company’s business model or assets that do not yet meet the criteria for low-carbon or sustainable practices. Regulatory or market challenges that prevent the company from meeting the Paris-alignment criteria. Implications of Exclusion: Discuss the financial, reputational, and regulatory implications of being excluded from these benchmarks. Explain any actions or strategies the company is pursuing to align with the benchmarks in the future, such as diversification into low-carbon technologies or reducing reliance on fossil fuels. 2. Explanation of How the Transition Plan is Embedded in and Aligned with Overall Business Strategy and Financial Planning Transition Plan and Business Strategy Alignment: Provide a clear explanation of how the climate transition plan is integrated into the company’s broader business strategy. Discuss the key sustainability goals the company is striving to achieve (e.g., net-zero emissions, sustainable product development, renewable energy transition). Transition plan goals should align with the company’s financial planning, revenue streams, and investment strategies. Ensure that the company’s long-term financial objectives are consistent with its climate goals, showing how the transition to a low-carbon economy will be financially sustainable over time. Strategic and Financial Integration: Describe how the transition plan supports key business decisions, such as: Capital allocation (e.g., investing in sustainable infrastructure, green technologies). Revenue diversification (e.g., shifting from fossil fuels to renewable energy). Risk management (e.g., reducing exposure to high-carbon assets). Explain how financial performance indicators, such as profit margins, ROI, and cost savings from sustainable practices, are used to measure the success of the transition. 3. Transition Plan is Approved by Administrative, Management, and Supervisory Bodies Approval Process: Disclose whether the transition plan has been formally approved by the administrative, management, and supervisory bodies of the company. Specify the roles of these bodies in developing, reviewing, and approving the plan, ensuring alignment with corporate governance and sustainability objectives. Oversight and Governance: Explain how the company’s board or management team oversees the execution of the transition plan and ensures that it remains aligned with business priorities and regulatory requirements. Describe whether a dedicated sustainability or climate committee is in place to manage the transition plan’s implementation. https://xbrl.efrag.org/e-esrs/esrs-set1-2023.html#4799