U-blox Holding AG

Sustainability governance structure #### Sustainability governance ###### u-blox #### at u-blox ###### Board of Directors The Nomination, Compensation, and Sustainability Committee (NCSC) comprises two Nomination, members of our Board of Directors. The Com Compensation, mittee oversees u-blox's impact on the economy, and Sustainability people, and the environment and monitors sus Committee tainability activities and ambitions. Moreover, (NCSC) it discusses and approves the organization's strategy and goals based on regular sustainability updates from the Steering Group. The NCSC does not specifically engage with stakeholders on sustainability topics. ###### CEO Our Chief Executive Officer, Stephan Zizala, is responsible for global sustainability at u-blox ###### u-blox and chairs our Sustainability Steering Group. The Sustainability Steering Group is responsible for setting the u-blox Environmental, Social, and Governance sustainability strategy, implementing key processes, and coordinating data collection. ###### Sustaina- bility The composition of the steering group includes members of the Executive Committee, the sus ###### Steering tainability manager, and subject matter experts. - Executive Committee, sustainability manager, subject matter experts in environment, supply chain, people, security and innovation. The Sustainability Steering Group meets four times yearly and reports to the NCSC. At each meeting, the Sustainability Steering Group is informed both on the progress against ESG targets, climate targets, and readiness for upcoming regulatory requirements (including climate regulation), in addition to receiving updates on selected topics. For further details on the NCSC, [see the 2024 Corporate Governance Report.](https://content.u-blox.com/sites/default/files/documents/Corporate-Governance-Report-2024.pdf)

Sustainability governance structure #### Sustainability governance ###### u-blox #### at u-blox ###### board of directors The Nomination, Compensation, and Sustainability Committee (NCSC) comprises Nomination, two members of our Board of Directors. The Compensation, Committee oversees u-blox's impact on the and Sustainability economy, people, and the environment and and Committee monitors sustainability activities and ambitions. (NCSC) Moreover, it discusses and approves the organization's strategy and goals based on regular sustainability updates from the Steering Group. The NCSC does not specifically engage with stakeholders on sustainability topics. ###### CEO Our CEO, Stephan Zizala, is responsible for global sustainability at u-blox and chairs our ###### u-blox Sustainability Steering Group. The Sustainability Steering Group is responsible for setting the u-blox Environmental, Social, and Governance sustainability strategy, implementing key processes, and coordinating data collection. ###### Sustaina- bility The composition of the steering group includes members of the Executive Committee, the sus ###### Steering tainability manager, and subject matter experts. - Executive Committee, sustainability manager, subject matter experts in environment, supply chain, people, security and innovation. The Sustainability Steering Group meets four times yearly and reports to the NCSC. For each pillar there are several working meetings with EC members. For further details on the NCSC, see [the Corporate Governance Report.](https://ubx.io/3ujsf57)

The Nomination, Compensation and Sustainability Committee (NCSC) supports the Board of Directors in the performance of its duties as follows: [...] With respect to sustainability matters, the NCSC reviews the ESG policy and report, and the sustainability goals proposed by the Executive Committee. It defines targets to be achieved annually and reviews the level of achievement. It proposes compensation factors dependent on the level of achievement of ESG goals for the compensation policy. [...] The ESG report is available under: https://ubx.io/3T0TGde [...] For further information on the targets, the evaluation process and the impact on total compensation, see the compensation policy section of this report.