The Smiths Board of Directors and Executive Committee have ultimate responsibility for Smiths Group's ESG performance and associated governance and oversight. Our collaborative model enables us to bring together the skills and knowledge of our Board, our Executive team and our business leaders to harness the knowledge and skills of the whole Group to drive and deliver innovation, effective execution and best practice. See page 35 for a description of our Board Committees and their responsibilities. [...] Commercialisation of these programmes is overseen by the Executive Committee and the ISE Committee of the Board, which holds regular innovation deep-dives with our business teams. [...] During the year the Board or Board Committees covered the following ESG-related topics: – Strategic opportunities arising from the energy transition/decarbonisation – New product development (NPD) including green products – Net Zero/climate transition plan and Science-Based Targets – Environmental performance and targets – Upcoming regulatory frameworks including CSRD, EU Taxonomy and TNFD – People strategy – Health and safety performance – Talent processes – Alignment of remuneration with environment targets – Speak Out reports [...] **Innovation, Sustainability & Excellence Committee** Previously the Science, Sustainability & Excellence (SSE) Committee. Oversees Smiths culture and approach to innovation, sustainability and excellence (ISE). This includes overseeing: strategy (as it relates to innovation and technology); sustainability strategy; SES; and reviewing and determining ISE targets, metrics and key performance indicators relating to remuneration.