Mettler-Toledo International Inc

Structure and Oversight

The full Board of Directors oversees the Company's management of our ESG programs, including GreenMT and our Ethics and Compliance Program. Typically, executive management updates the Board on each of these programs at least annually, or more frequently as necessary, including reviews of strategy, goals, and performance. This includes evaluation of the Company's performance on relevant ESG topics. In 2023 specifically, the Board (including each Board committee, as applicable) and executive management discussed various relevant ESG topics at each quarterly Board meeting. Topics included new goals and progress toward existing targets, emerging global regulatory requirements, cybersecurity, employee topics, and the performance of our GreenMT and Ethics and Compliance Programs. The Audit Committee oversees the Company's enterprise risk management process, which includes topics such as climate-related risks and opportunities as well as cybersecurity. The Audit Committee reviews the results of the enterprise risk assessment report in detail and, on an annual basis, reports on its review to the full Board of Directors.

The Chief Executive Officer oversees the GreenMT Program, including review of the Corporate Responsibility Report (CRR), with day-to-day responsibility for GreenMT held by the Head of Sustainability, who reports directly to the Chief Executive Officer. In addition, the Corporate Sustainability team works directly with the Head of Sustainability to manage the GreenMT goals. Our General Counsel oversees public company governance topics and the Company's Ethics and Compliance Program, while the Group Compliance Director is responsible for the daily operation of the Ethics and Compliance Program worldwide. Our Chief Financial Officer oversees our enterprise risk management process. Since 2022, in light of increasingly complex regulatory requirements and in support of good governance practices, our Chief Financial Officer also oversees the reporting and internal validation of Scope 1 and 2 activities and emissions data. Our Head of Supply Chain and IT oversees our cybersecurity program. Each of the General Counsel, Chief Financial Officer, and Head of Supply Chain and IT report directly to the Chief Executive Officer. All executive management members of the Group Management Committee actively participate in these programs and have performance-based compensation targets related to integrity, diversity and inclusion, sustainability, and other GreenMT goals.

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]METTLER TOLEDO has a long-standing policy of not participating in or contributing to political campaigns, individuals, or groups, and does not take positions in public policy debates. This is outlined in a publicly available Political Participation Policy. We do participate in industry and trade associations and have given those groups explicit instructions to not use our fees for political purposes. We have stated within our Corporate Responsibility Report our commitment to achieving targets consistent with the Paris Agreement, and our strategies are aligned with this commitment. Senior management reinforces this commitment throughout the organization with regular communication, sensitising our employees who participate in industry and trade groups to our ongoing commitment to the Paris Agreement.