Bolsa Mexicana de Valores SAB de CV

Contamos con una estructura de gobierno a nivel global liderada por el Comité de Banca Responsable, Sostenibilidad y Cultura cuya labor es supervisar la estrategia de Banca Responsable del Grupo plasmada en sus dos retos: Nuevo Entorno Empresarial y Crecimiento Inclusivo y Sustentable. Además, se encarga de la implementación y análisis de políticas relacionadas al tema. [...] A través de nuestro sólido gobierno corporativo hemos establecido políticas y sistemas de gestión eficaces para integrar los objetivos de sostenibilidad en todos los procesos del Banco y así fortalecer nuestra cultura de Banca Responsable."
"We have a global governance structure spearheaded by the Responsible Banking, Sustainability and Culture Committee, whose job it is to supervise the Group's Responsible Banking strategy, focusing on two major challenges: the New Business Environment, and Inclusive and Sustainable Growth. This committee is also tasked with implementing and analyzing all policies relating to this area."
"The Audit Committee is in charge of proposing to the external auditor, analyzing its opinion and evaluating its performance. The area in charge of requesting verification is the Executive Directorate of Public Relations, Internal Communication and Responsible Banking, whose Deputy General Director of Studies, Strategy, Public Affairs and Chief of Staff of the Executive Presidency is Rodrigo Brand de Lara who also belongs to the Board of Directors.

#### 2.3 Policy Persuasion & Engagement

**2.3.1 Exchanges should actively engage with local and global policy makers and standard**
**setters to stay informed of and promote net zero aligned policies.**

We actively collaborate with local institutions and regulators, engaging in regular dialogues on
sustainable finance and emerging financial regulations related to climate and sustainability.

With the creation of the International Sustainability Standards Board (ISSB) and the introduction of IFRS
S1 and S2 Standards, we have been a bridge between issuers and the CNBV (National Banking and
Securities Commission) to ensure optimal adoption. We participate in working groups and offer
workshops and conferences with experts to help companies understand the implications of these new
standards.

Additionally, in collaboration with the Mexican Council of Financial and Sustainability Reporting
Standards, we also promote the NIS A-1 and B-1 standards. Starting in January 2025, companies
following Mexican financial standards will include 30 qualitative and quantitative indicators in their
financial statements, with over half of them focused on environmental issues. This marks a milestone in
Mexico by enhancing certainty and traceability, paving the way for increased investment and financing
opportunities.

We also participate in the promotion of responsible financial practices related with ESG matters with the
Mexican Sustainable Finance Council.

Furthermore, we collaborate with international organizations, such as the World Wildlife Fund (WWF)
and the British Embassy in Mexico City, on projects and events focused on climate change mitigation
and the advancement of sustainability.

At BMV, we remain up-to-date with government ESG regulations and actively support listed companies
by providing relevant information that may impact their operations. We facilitate open dialogues between
regulators, global and local policymakers, and issuers to foster transparency and alignment on ESG
matters.

An example of this is our active role in providing our facilities and inviting listed companies to a workshop
organized by the Ministry of Finance to introduce the new Mexican sustainable taxonomy. During its
development, we also facilitated dialogue sessions with participants to provide feedback and strengthen
the taxonomy prior to release it.

Dentro de Grupo Santander, el Comité de Banca Responsable, Sostenibilidad y Cultura se encarga de analizar la implementación de las políticas relacionadas con la sostenibilidad y de supervisar la estrategia de Banca Responsable. La Agenda se divide en dos retos: Nuevo Entorno Empresarial y Crecimiento Inclusivo y Sostenible. [...] Asimismo, a nivel Grupo, el Comité de Banca Responsable, Sostenibilidad y Cultura ayuda al Consejo de Administración en el seguimiento de los temas sociales, ambientales y de cambio climático. Se reúne trimestralmente e incluye los temas mencionados desde una perspectiva de riesgo, oportunidad comercial y compromisos para mejorar el desempeño de sus operaciones. Permite al Consejo una toma de decisiones más informada y un establecimiento de estrategias en consideración de los riesgos y oportunidades."
"Within Santander Group, the Responsible Banking, Sustainability and Culture Committee is tasked with analyzing the deployment of policies relating to sustainability, in addition to supervising the Responsible Banking strategy. The Agenda is divided into two challenges: New Business Environment and Inclusive and Sustainable Growth. [...] Furthermore, at a Group level, the Responsible Banking, Sustainability and Cultural Committee supports the Board of Directors in monitoring social, environmental and climate change issues. It meets quarterly and covers the aforementioned issues from a perspective of risk, business opportunity and commitments to improve its operations and performance. It helps the Board reach more informed decisions and create strategies based on risks and opportunities identified.