Spectris PLC

#### We recognise the importance of addressing the risks and opportunities present in climate change. During 2021, the Group's corporate governance framework has been enhanced to ensure clear oversight and ownership of the management of climate-related risks and opportunities.

The Board has an established committee structure to assist it in the discharge of its responsibilities which are managed via delegations within approved terms of reference. The following bodies have specific oversight of climate-related risks, opportunities, and disclosures:

**Spectris plc Board – the Board oversees** the delivery of the Group's sustainability strategy, a key priority of which is the management of climate-related risks and opportunities. Andrew Heath, Chief Executive Officer, is the Executive Board Director responsible for implementation and delivery of the Group's sustainability strategy and is supported in this by the Head of Sustainability, Rebecca Dunn, a member of the Group Executive Committee.

During 2021, the Board considered climate-related matters at five of eight planned Board meetings, this was a significant increase on prior years and is [...] The Board is supported in the oversight of climate-related risks and opportunities by the wider Board Committee structure, including groups specifically formed to manage climate-related and wider sustainability risks and opportunities. A summary of the role and responsibilities of each Committee in relation to climate change is set out on these pages. Due to the ongoing development of our understanding of both the risks and opportunities present in climate change and their impact on the Spectris Group, the information flow between decision-making bodies is necessarily and purposefully free-flowing. This approach recognises the importance of individual insight and external experience to the development of our sustainability strategy and our approach to climate change. Members of each Board Committee report out to the Board at regular intervals to ensure the appropriate flow of information.

**Audit and Risk Committee – the Audit** and Risk Committee oversees the identification, assessment, management, and reporting of risks, including climate-related risks. During 2021, the Committee has overseen the use of climate scenario testing to quantify climate change risk and the proposed approach to the management and mitigation of the risk. In December 2021, the Audit and Risk Committee reviewed the findings of the climate scenario analysis undertaken in 2021 and provided their support to a recommendation from management to designate climate change as a Group Principal Risk. The Committee also reviews the Group's internal controls and financial reporting procedures and recommends for approval the Annual Report and Accounts, including TCFD disclosures, and other sustainability disclosures for compliance with relevant regulations, legislation, and reporting standards.

To align assurance activities across the Annual Report, in 2021 the Committee approved the appointment of Deloitte LLP to provide limited assurance in accordance with International Standard on Assurance Engagements (ISAE) 3000 over selected environmental data included in the Annual Report alongside their responsibilities as external auditor to the Group. Their limited assurance report can be found at www.spectris.com/environment

**Sustainability Steering Group – the** Sustainability Steering Group was established as a sub-Committee of the Group Executive Committee following the approval of the Group's first sustainability strategy in October 2020. The Steering Group comprises leaders from across the Group with a variety of backgrounds and expertise. The Steering Group provides governance, strategic leadership and execution support. It drives implementation of our sustainability strategy, including implementation of the Group's Net Zero roadmap, ensuring focus and alignment on execution.

**Business Risk Committees - our** decentralised business model and global footprint required a broad set of internal stakeholders from across the Group to provide their expertise and perspective on the risks posed by climate change.

This process was coordinated through the Platform Risk Committees in coordination with the Sustainability Steering Group. The Platform Risk Committees are chaired by the Platform Chief Financial officers supporting a clear link between risk and strategic financial planning.

At the start of the discovery process, each Platform Risk Committee received a 'teach-in' led by EcoAct on TCFD and Climate Risk to ensure a common understanding of climate risk and terminology. Members of each Committee then took part in the qualitative and quantitative data gathering exercise that supported the modelling process.

Following the completion of the climate scenario analysis, each Platform Risk Committee chairman attended a detailed workshop on both physical and transition risk findings.

Using the knowledge gained from the scenario modelling, chronic and acute physical risks will continue to be managed by the Platform Risk Committees. The Committees will continue to oversee strategic and financial planning relating to those physical risks in accordance with the Group's existing risk management framework. The Executive Risk Committee provides oversight of this management process.

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?[…]Spectris helps customers make the world cleaner, healthier, and more productive. In order to do this we ensure the organisations we engage with are similarly aligned. Our Governance procedures enable us to capture the appropriateness of external engagement activities within the commitments made in our Net Zero roadmap at both a Business and Group level. At a Business level, the Group's Net Zero strategy is co-ordinated by the Sustainability Steering Group, an Executive sub-Committee led by the Head of Sustainability. This group comprises of leaders from across the Divisions providing governance, strategic leadership and execution support. Each leader within the Steering group has oversight of a different Division or key function within the Business to ensure issues can be identified at an operating company level and follow-on actions can then be implemented in each of the operating companies. It is through the guidance of these company leaders that Spectris will engage with and fund third party organisations within their relevant geographies and jurisdictions at a Business level. At a Group level, due to the prominence of the Group's Strategy for Sustainable Growth on the Board's agenda, climate-related issues are reviewed and discussed at regular scheduled Board meetings throughout the year so all funding of third-party organisations will require final approval by the Board.