ERG SpA

To ensure maximum consistency in the way we manage our relations with institutional stakeholders, some time ago we adopted an in-house control system based on procedures integrated into the Organisational Model (pursuant to Italian Legislative Decree 231/01 as amended) and supported by a specific system of sanctions. In line with these principles, we also apply a specific policy, under which no direct or indirect contributions may be paid, in any form, to political parties, movements, committees, political organisations, or trade unions, nor to their representatives or candidates.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]ERG strategy, as outlined in the 2021-2025 Bp (and further reconfirmed in the 2022-2026 BP) is fully focused on the development of new RES capacity (i.e. wind and solar plants). Therefore all the engagement activities with our stakeholder, representing our needs in order to deploy our strategy, are coherent with the Paris Agreement and the expected decarbonization of the electricity generation.

ERG influences the positions of the policy makers and of the trade associations:
- anticipating and influencing Boards / steering committees and technical Working groups of the trade associations through its participation into these bodies.
- Applying Consultation papers issued by European and Italian authorities / public institutions.
- Directly contributing to position papers and documents issued by associations.
- By means of legitimate lobbying activities directly or in association with other energy operators.
- Funding, contributing and disseminating studies and focuses prepared by specialized firms on energy and environmental subjects.

Our Code of Ethics states that all relationships and contacts with public institutions, as well as the safeguard of ERG's interests within those institutions, shall be managed by the business units formally in charge of keeping contacts with those institutions. ERG's personnel has been instructed to behave with transparency, clarity, accuracy and honesty in order to ensure that external entities are not driven to misleading or wrong interpretations. Such policy applies also to external consultants engaged by the company.

Furthermore, the Sustainability Policy, in line with the principles set out in the Code of Ethics, directs the Group's activities, combining the objective of creating sustainable value with environmental responsibility and attention to internal and external stakeholders. Our Sustainability Policy defines our values, commitments, objectives and our organizational structure in relation to sustainability. It must be applied in conjunction with laws and regulations in force in the countries in which ERG operates, with the rules of conduct defined in the Code of Ethics, with the Organization and Management Model pursuant to Legislative Decree 231/01 and with the other policies and rules adopted by the Group.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes