Leonteq's sustainability efforts are overseen by the Board of Directors and implemented via the Sustainability Committee. Our sustainability governance is defined as per Leonteq's Sustainability Framework policy. The Board of Directors determines the overall direction of the Group's sustainability strategy, with the Sustainability Committee primarily responsible for the implementation of it, with the aim of improving the integration of ESG practices across all business areas. [...] Oversight of sustainability and ESG matters is interdisciplinary by nature, and as such, the discussion and monitoring of sustainability topics fall partially within the mandate of the Audit and Risk Committee and partially within the mandate of the Nomination and Remuneration Committee. In specific terms, the Audit and Risk Committee is responsible for reviewing the Group's sustainability reporting. The Nomination and Remuneration Committee is responsible for monitoring and assessing the Group's efforts related to gender diversity and approving programmes that enable the Group to attract and retain employees. It also defines the framework used to determine how the implementation of ESG measures impacts the compensation of the Executive Committee. [...] The Board of Directors reviews the Sustainability Report that is published annually. This report and related disclosures are prepared by the Sustainability Committee, signed off by the Executive Committee and is submitted to the Audit and Risk Committee for review ahead of the final approval provided by the Board of Directors before publication. [...] Leonteq's Sustainability Committee is a committee of the Executive Committee. The composition of the Sustainability Committee reflects Leonteq's five sustainability focus areas: Responsible Investing, Environment, Social, Governance and Corporate Sustainability Reporting. The members of the Sustainability Committee represent these focus areas based on their function within the Group. Each focus area is linked to one or more material topics and their respective impacts. Committee members are either a member of the Executive Committee or hold a senior management position, subject to the internal provision that the Sustainability Committee should not include more than three members of the Executive Committee. The Sustainability Committee is primarily responsible for the implementation of the sustainability strategy defined by the Group's Board of Directors, with the aim of improving the integration of ESG practices across all business areas. In specific terms, the Sustainability Committee is responsible for overseeing the integration of ESG best practices across the Group's business activities and management approaches, as well as overseeing the implementation of Leonteq's sustainability initiatives. The Sustainability Committee defines a sustainability KPI framework with sustainability-related targets and KPIs in cases where it is possible to monitor implementation. The framework is approved by the Group's Board of Directors, which subsequently also monitors the progress of the agreed sustainability initiatives by reviewing the Group's performance against its sustainability KPIs, targets and ambitions. The Sustainability Committee meets at least four times a year. Following each meeting, the Chairman of the Sustainability Committee provides an update to the Sustainability Delegate of the Board of Directors. Additionally, the Sustainability Committee regularly submits updates and reports to the Board of Directors about the Group's progress against its sustainability strategy, including KPIs, trends, regulatory requirements and recommendations.