The sustainability governance is structured around the following bodies: The Supervisory Board (SB), including its 2 committees (the Audit Committee (AC) and the Governance, Nomination and Remuneration Committee, GNRC), oversees the sustainability programme as part of its regular business, oversees and discusses the sustainability roadmap during its strategy sessions. The AC is provided with comprehensive information on sustainability matters. It oversees the sustainability reporting process, the effectiveness of internal control and risk management systems in relation to sustainability, and where appropriate, internal audits in relation to sustainability reporting. The GNRC oversees social and governance matters. This includes data on URW’s Diversity Policy, as well as social and governance practices, compliance, ethics and human resources. It regularly reviews and assesses the effectiveness of the actions in place, making necessary adjustments to enhance the Group’s performance. This approach ensures that social and governance matters are integrated into URW’s core business strategy, promoting long-term value creation for all stakeholders. The Management Board (MB) and the Executive Committee (EC) act as the Group Sustainability Steering Committee by defining the strategy and key Group policies, and by monitoring the implementation of the sustainability programme. They are responsible for advancing URW’s Better Places sustainability roadmap and they are actively involved in the decision-making process regarding sustainability initiatives, ensuring that the Group’s business operations align with its commitment to sustainable development. They report on progress and results to the SB. The MB and EC are chaired by the CEO.