The ESG Committee, which includes all members of the Board of Management and the Group Director Legal, is responsible for overseeing the Company's ESG strategy and regularly updating the Supervisory Board. The committee ensures that the Company's ESG performance aligns with its long-term targets, embeds ESG principles across teams and countries, and oversees the implementation of the strategic framework. It holds final responsibility for all ESG-related topics, including climate change risk assessment, environmental performance, socioeconomic impact, diversity and inclusion, and other key sustainability matters outlined in this chapter. [...] At the corporate level, the ESG Committee is responsible for: - Develop policies and procedures. - Review performance against targets. - Allocate budget. - Outline and supervise ESG strategy. - Initiate Green Finance."
"**Governance and compliance** The Board of Management of Eurocommercial oversees monitoring and assessing these transition risks and opportunities. This process is managed in several ways, both directly by the members of the Board in their frequent contacts with stakeholders and several consulting companies, and indirectly through operational control reached with the help of specially created internal committees and adhoc appointed consultants. The members of the Board also actively participate in international sector relevant associations (and their committees). [...] **Political infl uence and lobbying activities (G1-5)** Eurocommercial Properties is committed to conducting its business with the highest standards of integrity, transparency, and compliance with applicable laws and regulations. As part of this commitment, the Company does not tolerate bribery or corruption in any form and adheres to strict policies and controls to ensure compliance in all activities, including political engagement and lobbying. **Anti-Bribery and Corruption Policy** Eurocommercial prohibits the offering, granting, or promising of any advantage, including payments, kickbacks, gifts, or other benefi ts, to government offi cials, employees of public institutions, or other individuals to infl uence or appear to infl uence their actions in favour of the Company. This includes facilitation payments, which are strictly considered a form of bribery. To ensure compliance: - No payments or gifts are made directly or indirectly to government employees, public institutions, or individuals involved in purchasing or promoting the Company's interests. - All interactions with public employees or institutions are conducted with vigilance to avoid potential bribery or corruption issues. - Every transaction, including gifts or payments to third parties, is accurately recorded in Eurocommercial's fi nancial records. - Guidance on bribery-related matters is available through the Company's Legal Department. Violations of this policy may result in severe criminal and civil penalties for both the Company and the individuals involved, in addition to reputational damage and loss of business opportunities. **Political contributions and lobbying activities** Eurocommercial does not provide fi nancial or in-kind political contributions to political parties, their representatives, or individuals seeking political offi ce. Similarly, indirect contributions through third parties, such as lobbyists or organisations linked to specifi c political causes, are prohibited unless explicitly disclosed and compliant with local regulations. **Governance and oversight** Responsibility for overseeing political infl uence and lobbying activities lies with Eurocommercial's Board of Management.