Iren SpA

## 3.2. Control, Risk and Sustainability Committee

Iren's Control, Risk and Sustainability Committee has a support function vis-à-vis the Board of Directors. This is carried out, inter alia, through the following functions:

- expressing opinions on specific aspects relating to the identification of the main corporate risks;

- examining the periodic reports on the assessment of the internal control and risk management system and those of particular relevance drafted by Internal Audit;

- reporting to the Board of Directors, at least every six months, on the activities carried out, as well as on the adequacy of the internal control and risk management system;

- supervising the sustainability policies and observance of any principles of conduct adopted on the matter;

- examining the issues being investigated in terms of the long-term sustainability of the founding principles and guidelines of strategic planning, the business plan and short-term programming, and monitoring how these are implemented;

- assessing the correct use of the standards adopted in order to draft the non-financial information provided for by legislation in force;

- supervising the system for assessing and improving the environmental, economic and social impacts deriving from the business activities in the local areas;

- examining periodic reports on structured ways of engaging with stakeholders, in particular through the Local Committees, and those on the consistency with corporate social responsibility issues of the Group's cultural activities and image promotion.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Iren keeps constant contact with local/regional/national policy makers and regulators, in order to ensure that the Group activities match sustainability targets, local needs, and national climate change strategy.
In fact, the Group constantly dialogues with Public Administrations and Local Sector Authorities focusing on one hand on management of services, and on the other hand on specific projects, initiatives and investments for the energy production from renewables, the efficient use of water resources, the prevention of waste production, the development of sorted waste collection and in general the awareness of local communities towards good practices of environmental sustainability.
Iren Group has chosen the path of associative participation, which aims to engage with policy makers, putting experience and knowledge at their service and, at the same time, at the service of companies and organisations that share a common path of sustainability and responsibility. Participation in trade associations and networks is focused on continuous updating, on the dissemination of publications, studies and research, on information and comparison meetings, on the involvement of policy makers, institutions and social forces to promote strategic issues, stimulating targeted and incisive intervention proposals and policies.
The monitoring, analysis and comparison of emerging trends and regulatory issues are of great importance for the most correct and up-to-date understanding of the reference framework in which the Group operates. In particular, membership of trade associations and networks at national level, in line with objective 17 of the United Nations Agenda 2030 "to promote partnerships for sustainable development", is of great importance to the Group, both in terms of attention to sustainability policies and in terms of regulatory and technological updates.

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]Iren keeps constant contact with local/regional/national policy makers and regulators, in order to ensure that the Group activities match sustainability targets, local needs, and national climate change strategy.