URW regularly engages with stakeholders from the entire value chain to incorporate their interests and views into the sustainability roadmap. The dialogue with the stakeholders takes various formats such as interviews, satisfactions surveys, meetings and roadshows. The stakeholders’ points of view are integrated in the double materiality assessment and (particularly the impact materiality) presented to the AC. The Group’s stakeholders dialogue is described in the table below.

The key stakeholders identified by URW include workforce (employees, employee representatives), visitors and customers, tenants, suppliers (project managers, technical engineers, construction work companies), financial partners (investors, banks), local communities (local residents, workers, associations), and public authorities (elected officials and administration, professional federations, regulatory bodies).

The categories of stakeholders with whom engagement occurs include workforce, visitors, tenants, suppliers, financial partners, local communities, and public authorities.

URW engages with stakeholders through various methods such as yearly well-being at work surveys, customer satisfaction surveys, tenant satisfaction surveys, discussions around tenders and contracts, meetings with investors, community consultations, and policy engagement and compliance rules discussions. Each stakeholder group has specific engagement activities tailored to their interests and expectations.

The purpose of URW's stakeholder engagement activities is to incorporate stakeholders' interests and views into the sustainability roadmap. This includes improving operational efficiency, project management, financial performance, community consultation, and policy engagement. These activities aim to address stakeholders' expectations such as well-being, sustainability initiatives, operational efficiency, and financial stability.

The outcomes of stakeholder engagements are integrated into URW's decision-making and operational strategies through the double materiality assessment process. Stakeholders’ points of view are considered in the impact materiality presented to the AC, ensuring that their interests and views are reflected in the company's strategies.

URW conducted a double materiality assessment to understand the interests and views of its key stakeholders. This process involved consultations with both internal and external stakeholders, including consumer rights organizations, sustainability experts, and construction companies. The analysis considered the impact and financial perspectives of various sustainability topics, ensuring that stakeholder interests are integrated into the company's strategy and business model.

URW's strategy and business model are designed to be responsive and adaptable to the topics identified as material. The Better Places roadmap ensures that the strategy and business model are resilient and sustainable, capable of delivering value to stakeholders while mitigating potential risks. This approach enhances competitiveness and contributes to long-term value creation.

URW's strategy and business model modifications are guided by the Better Places roadmap, which ensures resilience and sustainability. The strategy is designed to be responsive to material topics, enhancing competitiveness and delivering long-term value to stakeholders. The company continuously monitors and evaluates performance in relation to these impacts and risks.

URW's strategy and business model are designed to be responsive and adaptable, but specific additional measures and timelines for their implementation are not detailed in the provided text.