Aena SME SA

Articles 44 bis and 24 bis, respectively, of the Articles of Association and of the Regulations of Aena's Board of Directors, attribute to the SCAC the powers described below: [...] To review, prior to its approval by the Board of Directors, and subsequently oversee compliance with the Company's Climate Action Plan, which includes actions to mitigate the effects of climate change, as well as the monitoring of the indicators established for compliance with the decarbonisation objectives in line with: (i) Aena's "Sustainability Objectives on Climate Change", which must be suitably updated taking into account Spanish and European regulatory requirements and meet or exceed the objectives of (a) Articles 2.1(a) and 4.1. of the Paris Agreement, (b) the Declaration of the Government of Spain in the face of the Climate and Environmental Emergency of 21 January 2020, and (c) the National Integrated Energy and Climate Plan 2021-2030, or such other plan as may be in force at any given time; (ii) the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), in order to establish the Risks, Opportunities and Financial Impact arising from Climate Change; and (iii) Act 11/2018 on non-financial reporting and diversity, as well as the guidelines derived from the European Commission's supplement on climate-related reporting to Directive 2014/95/EU, of the European Parliament and of the Council, which sets out a description of performance and risk policies linked to environmental issues. [...] To oversee the preparation and publication of the specific and detailed annual report on the progress made by the Company in relation to the objectives set out in the Climate Action Plan, to be prepared in accordance with the recommendations of the Task Force on Climate-related Financial Disclosures.

In accordance with the provisions of the aforementioned regulations, the SCAC is constituted as an internal body with powers of evaluation and control in matters of sustainability and the Climate Action Plan. Specifically, it has, among others, the following powers: to be informed of, promote, guide and supervise the objectives, action plans, practices and policies of the Company in environmental and social matters; to evaluate and verify the actions taken, compliance with the strategy and practices related to environmental and social matters; to review, prior to approval by the Board of Directors, the Climate Action Plan and to supervise compliance therewith; and to supervise the preparation and publication of the specific detailed annual report on the progress of the Company in meeting the objectives of the aforementioned Plan. [...] Articles 44 bis and 24 bis, respectively, of the Articles of Association and of the Regulations of Aena's Board of Directors, attribute to the SCAC the powers described below: - To know, promote, guide and supervise the Company's objectives, action plans, practices and policies in environmental and social matters, ensuring that these policies identify and include at least: (i) the principles, commitments, objectives and strategy regarding shareholders, employees, customers, suppliers, social issues, the environment, diversity, fiscal responsibility, respect for human rights and the prevention of corruption and other illegal conduct; (ii) methods or systems for monitoring compliance with policies, associated risks and their management; (iii) mechanisms for monitoring non-financial risk, including those related to ethics and business conduct; (iv) channels of communication, engagement and dialogue with stakeholders; and (v) responsible communication practices that avoid the manipulation of information and protect integrity and honour. - To evaluate and verify performance and compliance with environmental and social strategy and practices, ensuring that they are focused on achieving greater sustainability, promote social interest and long-term value creation and take into account the legitimate interests of other stakeholders, and to report on them to the Board of Directors. - To ensure that the practices of the Company in environmental and social matters are in line with the established strategy and policies. - To support and oversee Aena's contribution to the achievement of the United Nations-approved Sustainable Development Goals (SDGs). [...] The SCAC shall be considered quorate when the meeting is attended by the majority of its members, whether in person or via representatives. Decisions must be adopted by an absolute majority of the members present or represented at the meeting, with the Chair having the casting vote in the event of a tie. The Board of Directors shall be informed of the matters discussed and decisions taken by the SCAC and all of its members shall receive a copy of the minutes of the meeting.

Articles 44 bis and 24 bis, respectively, of the Articles of Association and of the Regulations of Aena's Board of Directors, attribute to the SCAC the powers described below: [...] To know, promote, guide and supervise the Company's objectives, action plans, practices and policies in environmental and social matters, ensuring that these policies identify and include at least: (i) the principles, commitments, objectives and strategy regarding shareholders, employees, customers, suppliers, social issues, the environment, diversity, fiscal responsibility, respect for human rights and the prevention of corruption and other illegal conduct; (ii) methods or systems for monitoring compliance with policies, associated risks and their management; (iii) mechanisms for monitoring non-financial risk, including those related to ethics and business conduct; (iv) channels of communication, engagement and dialogue with stakeholders; and (v) responsible communication practices that avoid the manipulation of information and protect integrity and honour. [...] To evaluate and verify performance and compliance with environmental and social strategy and practices, ensuring that they are focused on achieving greater sustainability, promote social interest and long-term value creation and take into account the legitimate interests of other stakeholders, and to report on them to the Board of Directors. [...] To ensure that the practices of the Company in environmental and social matters are in line with the established strategy and policies. [...] To review, prior to its approval by the Board of Directors, and subsequently oversee compliance with the Company's Climate Action Plan, which includes actions to mitigate the effects of climate change, as well as the monitoring of the indicators established for compliance with the decarbonisation objectives in line with: (i) Aena's "Sustainability Objectives on Climate Change", which must be suitably updated taking into account Spanish and European regulatory requirements and meet or exceed the objectives of (a) Articles 2.1(a) and 4.1. of the Paris Agreement, (b) the Declaration of the Government of Spain in the face of the Climate and Environmental Emergency of 21 January 2020, and (c) the National Integrated Energy and Climate Plan 2021-2030, or such other plan as may be in force at any given time; (ii) the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), in order to establish the Risks, Opportunities and Financial Impact arising from Climate Change; and (iii) Act 11/2018 on non-financial reporting and diversity, as well as the guidelines derived from the European Commission's supplement on climate-related reporting to Directive 2014/95/EU, of the European Parliament and of the Council, which sets out a description of performance and risk policies linked to environmental issues. [...] To oversee the preparation and publication of the specific and detailed annual report on the progress made by the Company in relation to the objectives set out in the Climate Action Plan, to be prepared in accordance with the recommendations of the Task Force on Climate-related Financial Disclosures.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Aena participates in several processes to ensure consistency of all activities with the climate change strategy of the company, both at a EU and national level.

First of all, Aena participates in the ACI EU sustainability working groups in order to boost common positions among airport managers in relation to the response to public information of various emerging legislations. In this regard the working groups have been based on topics such as taxonomy, Fit for 55 package and revision of TEN-T. Highllight that Javier Marín, General Director of Airports and Executive Director of Aena, currently holds the position of President of ACI Europe.

Regarding the public information process of the Fit for 55 legislative package Aena has participate in the following actions:
- monitoring and participation in the processes of consultation of new legislation through the ACI (Airports Council International).
- Elaboration of a position paper on Refuel EU to communicate the key messages and specific requests (focusing on the flexibility mechanisms) and to prepare the discussion points for other key files of the "Fit for 55" package ( Alternative Fuels Infrastructure Regulation, ETS for Aviation and Energy Taxation Directive), and presented a set of amendments agreed with the members of the European Parliament

In addition, Aena takes part in the European Climate Pact, which is an EU-wide initiative that promotes climate action, share knowledge, learn about climate change, develop, apply and extend solutions as an open and inclusive initiative in order to build a greener Europe.
At national level, it has to be noted that Aena collaborates in the Interministerial Group for the coordination of the framework of national action of alternative energies for the transport being one of the representatives of the Ministry of Public Works.