The SQHE Policy is Vestas' approach to managing environmental, health, and safety matters across the organization. It covers all levels of the organization and outlines the approach to sustainability matters such as continuous renewable energy deployment, resource efficiency initiatives, circular solutions, and protection of biodiversity and ecosystems. The policy applies to Vestas' operations and contractors under operational control. The most senior level accountable for the policy is the Executive Management. The policy is based on internal stakeholder consultations and is publicly available on the corporate website.

The most senior level accountable for implementing the policy related to managing material sustainability matters is the Executive Management.

Vestas' policies to manage material sustainability matters include commitments to third-party standards such as ISO 14001, ISO 45001, and SBTi. The policies are based on internal stakeholder consultations and are publicly available on the corporate website.

The policies adopted by Vestas to manage material sustainability matters are based on internal stakeholder consultations. This ensures that the interests of key stakeholders are considered in the formulation of these policies.

The policy adopted to manage material sustainability matters is publicly available on the corporate website, making it accessible to potentially affected stakeholders and those required for its implementation.

The Vestas Safety, Quality, Health, and Environmental (SQHE) Policy and HSE framework outline the procedures in identifying, mitigating, and reporting health and safety related negative impacts and risks for own workforce as well as for contractors and suppliers in the value chain for all positions globally. The SQHE Policy is approved by the Executive Management and supported by our HSE management system based on the principles of ISO 45001. Reports on injury rate performance are shared with the Board on a quarterly basis, and with the Executive Management team on a monthly basis. Our SQHE Policy applies to all Vestas entities, employees, activities, products and services, and includes our expectations in relation to external parties. The policy is reviewed annually and was aligned with the ESRS and Vestas’ HSE framework in 2024.

Vestas employees are encouraged to complete an online Employee Engagement Survey (EES) on an annual basis. This is Vestas’ standard channel globally for receiving feedback on a range of topics, allowing us to externally benchmark and track progress over time. The survey is available to all employees and to certain non-employees (working in specified areas). The survey is anonymous, and the survey is offered in 20 languages to ensure accessibility and that all voices are heard equally across our workforce. The survey is led by our People and Culture (P&C) function and owned by the Executive Vice President of People & Culture (CPCO). Effectiveness of the engagement is primarily assessed by monitoring survey results, paying particular attention to low scores, and by collecting feedback on the process and monitoring the participation rate. In 2024, the participation rate was 90 percent (2023: 89 percent), and the Employee Net Promoter Score was 31 (2023: 19). We see a clear connection between decreasing turnover and engagement and this is also reflected in our data points. Furthermore, Vestas has focused on inclusive leadership and psychological safety in our learning series, which has also showed positive trending in a number of metrics across the EES.

Our workforce is governed by a comprehensive set of policies designed to prevent risks, injuries and any harm at work, ensuring fair and equitable treatment, and protection of human rights. Our Human Rights Policy and Employee Code of Conduct (The Code) have been developed to set a high level of commitment within these areas including ethical principles and standards. Human Rights Policy: Our Human Rights policy outlines our commitment to respect human rights, including labour rights, of people in Vestas’s own workforce and our value chain. Vestas applies international, best practice standards in circumstances where local laws and regulations set lower standards and do not prohibit their application. The policy applies globally in our own operations and therefore covers all members of our workforce. The commitments in this policy also apply to our business partners, such as customers and suppliers, across our whole value chain where we seek to use our leverage to promote respect for human rights. The policy addresses the management of impacts, risks, and opportunities related to working conditions and equal treatment and opportunities for all. This includes respecting the labour rights of our own workforce and engaging with our own workforce. The policy is available for all employees and other stakeholders at our corporate website. The application of the policy is monitored through our due diligence framework both upstream and downstream in our value chain, as well as through our Corporate-Wide Human Rights Assessment conducted every three years. The Human Rights Policy was introduced in 2010, before which we considered various internal stakeholders, and it was was revisited in 2015 and 2019. The policy is signed by the Board Chair, and Executive Management holds the highest level of accountability for implementing the policy.

Our workforce is governed by a comprehensive set of policies designed to prevent risks, injuries and any harm at work, ensuring fair and equitable treatment, and protection of human rights. Our Human Rights Policy and Employee Code of Conduct (The Code) have been developed to set a high level of commitment within these areas including ethical principles and standards. Human Rights Policy: Our Human Rights policy outlines our commitment to respect human rights, including labour rights, of people in Vestas’s own workforce and our value chain. Vestas applies international, best practice standards in circumstances where local laws and regulations set lower standards and do not prohibit their application. The policy applies globally in our own operations and therefore covers all members of our workforce. The commitments in this policy also apply to our business partners, such as customers and suppliers, across our whole value chain where we seek to use our leverage to promote respect for human rights. The policy addresses the management of impacts, risks, and opportunities related to working conditions and equal treatment and opportunities for all. This includes respecting the labour rights of our own workforce and engaging with our own workforce. The policy is available for all employees and other stakeholders at our corporate website. The application of the policy is monitored through our due diligence framework both upstream and downstream in our value chain, as well as through our Corporate-Wide Human Rights Assessment conducted every three years. The Human Rights Policy was introduced in 2010, before which we considered various internal stakeholders, and it was was revisited in 2015 and 2019. The policy is signed by the Board Chair, and Executive Management holds the highest level of accountability for implementing the policy.

Our workforce is governed by a comprehensive set of policies designed to prevent risks, injuries and any harm at work, ensuring fair and equitable treatment, and protection of human rights. Our Human Rights Policy and Employee Code of Conduct (The Code) have been developed to set a high level of commitment within these areas including ethical principles and standards. Human Rights Policy: Our Human Rights policy outlines our commitment to respect human rights, including labour rights, of people in Vestas’s own workforce and our value chain. Vestas applies international, best practice standards in circumstances where local laws and regulations set lower standards and do not prohibit their application. The policy applies globally in our own operations and therefore covers all members of our workforce. The commitments in this policy also apply to our business partners, such as customers and suppliers, across our whole value chain where we seek to use our leverage to promote respect for human rights. The policy addresses the management of impacts, risks, and opportunities related to working conditions and equal treatment and opportunities for all. This includes respecting the labour rights of our own workforce and engaging with our own workforce. The policy is available for all employees and other stakeholders at our corporate website. The application of the policy is monitored through our due diligence framework both upstream and downstream in our value chain, as well as through our Corporate-Wide Human Rights Assessment conducted every three years. The Human Rights Policy was introduced in 2010, before which we considered various internal stakeholders, and it was was revisited in 2015 and 2019. The policy is signed by the Board Chair, and Executive Management holds the highest level of accountability for implementing the policy.