Exclusive Networks // Sustainability Report 2022

Risks and opportunities Risk factors

Risk description

Risk management

…/… It may also order the infringing parties to pay for the decision to be published in any publications and other forms of media it determines.  There is a simplified sanctions procedure for less complicated instances or minor infringements: sanctions in these cases cannot be published and are restricted to a reprimand, a fine of up to €20,000 or an injunction accompanied by a penalty capped at €100 for every day of delay. Any insurance coverage for protecting against loss from cybersecurity and privacy risks may not be sufficient to cover all possible claims, and the Group may suffer losses that could have a material adverse effect on its business. While the Group has not experienced any significant data breach (breach of data confidentiality, data integrity or data availability), or any material financial losses related to cybersecurity attacks, the Group’s systems, those of its vendors and customers, and those of the Group’s third party service providers are under constant threat. The Group has suffered cybersecurity attacks, informed its customers and taken the appropriate corrective measures. The impact of the risk is therefore both reputational and financial.

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Exclusive Networks

Sustainability Report 2022

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