Genus PLC

During the year, we reviewed our governance to ensure that sustainability issues are receiving focus at the highest levels of our organisation. From FY22, the composition of our Sustainability Committee will be bolstered by the addition of the Chief Executive, Chief Financial Officer, Chief Scientific Officer and the Chief Operating Officers of our business divisions as members. The Committee will also be attended by Lysanne Gray, our Non-Executive sustainability champion, and the Committee's activities will be reported directly to the Board of Directors, ensuring that oversight of sustainability is a matter for the Board as a whole.

### Governance

Given the primary importance of carbon reduction to our customers, and the opportunity we have to transform agricultural emissions, climate has become a primary driver of our business strategy. Climate risks and opportunities now not only provide a context for the way we consider and respond to a fast changing market, but also as a 'standalone' risk which reflects this importance. The management of our climate risks and opportunities requires horizon-scanning of climate issues, methods for tracking our performance and structured governance to ensure Board oversight.

To ensure we can do this effectively, we have created a Sustainability Committee that reports to the Board on sustainability goals, progress, performance and future plans. We also have a group committee that focuses on animal wellbeing and seeks to ensure we consistently monitor and improve our approach to animal welfare.

### The Sustainability Committee

The Sustainability Committee comprises a non-executive, executive leadership, and other senior leaders who head up different aspects of our sustainability programme. They meet three times a year to set objectives and review progress, recommend annual goals and initiatives, and identify effective means to monitor and report on our performance.

The Committee defines our strategy, reviews our policies and practices, and advises the Board in particular in relation to the following:

* Our sustainability governance
* Sustainability / Climate Risks and Opportunities
* The sustainability key performance indicators (KPIs) and annual performance against KPIs
* Policies and Standards

**Genus Plc Board** The Board has overall responsibility and accountability for our Climate Change Policy and TCFD reporting. Genus's Chief Executive has formal responsibility for implementing and monitoring the strategy to manage climate-related risks and realise the opportunities, and the Board reviews the business's annual budgets, strategic plans and capital investments to ensure that the Company's climate change action plans are implemented and integrated into the Company's wider financial planning and strategy. [...] **Sustainability Committee** Genus updated its oversight on climate-related issues in FY23 to ensure that climate change risks and opportunities receive management focus at the highest level. As a result of this review, all members of the GELT as well as the Chairman of the Board's Audit & Risk Committee have been appointed to the Sustainability Committee, alongside operational leaders and subject matter experts with accountability for delivering the Group's sustainability objectives. The Sustainability Committee oversees the Company's performance against its emissions reduction targets and makes recommendations to the Board in relation to our business strategy and risk management processes. The Sustainability Committee meets three times a year and is chaired by Genus's Chief Executive. In FY24 governance was further strengthened through the creation of an ESG Working Group, reporting into the Sustainability Committee, with a remit including the review of the quantitative and qualitative analysis of physical and transition climate-related risks.