ACEN Corp

**Board-level Sustainability Committee** › Responsible for the oversight and regular review of the company's sustainability strategy and issues as well as climate-related risks and opportunities [...] **Executive-level ESG Committee** › Advises on ESG-related matters in policymaking and monitors our performance on key ESG and climate-related metrics › Facilitates capacity-building and ESG awareness campaigns on ESG for our senior leaders [...] **Corporate-level Sustainability Team** › Performs sustainability and climate oversight functions › Project-level Development Leads proactively works with Sustainability team to mitigate the physical effects of climate change in the planning and design of new projects › Operating plants, plant managers, HSSE leads, and pollution control officers work closely with the Sustainability team to address any environmental issues and manage physical risks of climate change [...] To sharpen our focus on our sustainability agenda, the Board created in 2022 the Sustainability Committee to review strategic objectives and monitor the progress of sustainability initiatives, including climate change and lead all climate-related matters. Since its inception, the Sustainability Committee has provided oversight on our key climate initiatives: the Net Zero commitment, transition to a low carbon portfolio and carbon emission reduction targets.

In November 2021, ACEN established a board-level Sustainability Committee and executive-level ESG Committee to regularly review our sustainability strategy, culture and values, while maintaining oversight of performance. An executive-level Risk and Health & Safety Committee provides oversight of operational safety and sustainability risks. [...] The Board approved the creation of a Sustainability Committee, which is responsible for the oversight of sustainability issues and climate-related risks and opportunities. The Sustainability Committee regularly reviews our sustainability strategy, culture and values, and performance. Dedicating a committee to sustainability reinforces the commitment of the Board towards climate governance and oversight over the business as we move towards a low carbon portfolio. [...] At the executive level, the ESG Committee advises on ESG-related matters in policymaking as well as monitors our performance on key ESG and climate-related metrics. Furthermore, the Risk and Health & Safety Committee provides an oversight function towards operational safety and sustainability-related risks. [...] At the corporate level, the Sustainability team performs sustainability and climate oversight functions. This is headed by the vice president for Corporate Communications and Sustainability who has oversight in terms of managing sustainability initiatives and the company's climate-related risks and opportunities, as well as climate-related disclosures.

AC Energy's internal process in evaluating and selecting projects is executed by the joint collaboration of representatives from the business development, finance and sustainability teams. The Board of Directors and senior management are responsible for the validation and approval of the shortlisted projects. AC Energy has processes in place to identify and mitigate common environmental and social risks associated with the eligible projects, which are applicable to all allocation decisions made under the Framework. Sustainalytics considers AC Energy's risk management system to be adequate and the project selection process to be in line with market practice.

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?[…]As a participant in the development of the Just Energy Transition: A Framework for Climate Action, ACEN aligns with four core pillars to guide its engagement activities relating to the social and economic impacts of its energy transition.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes