Sustainability Report - FY 2023

Analysis of material Impacts, Risks and Opportunities (IROs) Process for analysing double materiality

For each of the issues, the Group’s impacts (actual or potential, positive or negative), as well as the risks and opportunities that affect or could affect it have been identified. At the identification stage, issues that have already materialised as well as emerging issues and more prospective issues have been considered. These different horizons fed the initial reflection: they did not, however, intervene in the listing. This approach has made it possible to enrich the Group’s sustainability strategy, as detailed in section 3.2, by considering the impacts, risks and opportunities identified. CSRD issues selected 16 issues were selected for the double materiality matrix (according to the CSRD classification), ranked below

In 2023, the work carried out was revised and improvements were made to the materiality matrix, in particular by aligning material issues with the Sustainability Accounting Standards Board (SASB) methodology. This approach has made it possible to refine the nomenclature and align with the best practices recommended by the SASB. The results of this work were presented to stakeholders for validation. The 13 SASB Challenges for Exclusive Networks’ sector are:  environmental footprint of physical infrastructure;  data privacy and freedom of expression;  product Safety;  data security;  employee diversity and inclusion;  recruiting and managing a global, diverse, and skilled workforce;  workforce diversity and engagement;  product lifecycle management;  supply chain management;  material sourcing;  professional integrity;  intellectual property protection and competitive conduct; and  managing systemic risks from technological disruptions. This reflection on the material issues was then revised to develop the double materiality matrix based largely on the regulatory framework of the CSRD directive. The intention is to prepare for the full application of the Directive for the financial year 2025. Thus, we have aligned the titles of our challenges with those recommended in the CSRD’s European Sustainability reporting Standards (ESRS) nomenclature for a better transparency and understanding of our challenges. The sustainability issues selected are analysed from the perspective of double materiality (financial materiality and impact materiality). This principle is a central element of the European regulator’s approach to structuring future sustainability strategies. It involves thinking about the issues in terms of risks and associated opportunities. The issues selected for the materiality matrix cover all the themes listed by the ESRS standards, delegated acts of the CSRD. These generic themes have been translated into a list of some twenty qualified issues for the Group. The trade offs related to this selection from a more exhaustive list of issues are documented.

according to the 3 dimensions of ESG:  dimension E (2 issues = 6 sub-issues)  climate Change (ESRS-E1-Issue);  circular Economy (ESRS-E5-Issue).  dimension S (8 sub-sub-issues) key issue: Own workforce (ESRS-S1)

 social Dialogue (ESRS-S1-Sub-sub-issue);  work-Life Balance (ESRS-S1-Sub-sub-issue);  health & Safety (ESRS-S1-Sub-sub-issue);  gender Equality and Equal Pay for Work of Equal Value (ESRS-S1- Sub-sub-issue);  training and Skills Development (ESRS-S1- Sub-Sub Issue);  diversity (ESRS-S1-Sub-sub-issue);  privacy (ESRS-S1-Sub-sub-issue);  key issue: Consumers and End-Users (ESRS-S4);  privacy (ESRS-S4-Sub-sub-issue).  the G-Dimension (2 sub-issues)  vendor Relationship Management Including Payment Practices (ESRS-G1-Sub-issue);  corruption and Bribery (ESRS-G1-Sub-iss.ue) CSRD issues not considered CSRD issues (included under issues and sub-sub-issues) were not included in the double materiality analysis for the following reasons:  due to the lack of a direct link with the Group’s activity, the ESRS-E2 (Pollution), ESRS-E3 (Water and Marine Resources), and ESRS-E4 (Biodiversity and ecosystems) issues;  for their limited impact on the Group (and vice versa): the issues not mentioned above, such as: ESRS-S2 (Workers in the Value Chain) and ESRS-S3 (Affected Communities).

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Exclusive Networks SA

2023 Sustainability Report