Edenred SE

The Public Affairs Department implements targeted measures on behalf of the Group, such as: - continuously monitoring political, social and economic developments in the Group's host countries in order to be forewarned of proposed changes in the laws and regulations applicable to solutions that qualify for a specific payroll tax or income tax regime; - developing institutional tools, such as macro-economic studies, research, surveys and position papers, demonstrating the effectiveness of Edenred's solutions in promoting specific policies; - identifying the core players in government, government departments, the corporate world and academia that are involved at the international, the European and the national level, and developing long-term contacts with them; - participating in public debate, in order to remain a preferred contact of international organizations, European institutions and national decision-makers, in defending Edenred's interests and promoting its business; - drafting messages adapted to each of these players, to preserve Edenred's solutions and programs; - creating partnerships (and/or discussion platforms) with players involved in developing, promoting or defending policies that govern Employee Benefits solutions."
"Article III.3.1 of the Internal Regulations of the Board of Directors: The Commitments Committee is responsible for preparing Board of Directors meetings and making recommendations to the Board on the following matters: - any and all transactions, regardless of the amount, likely to affect the Group's strategy or resulting in a material change in the Group's business scope (specially the entry in a new business or withdrawal from an existing business); - any mergers, demergers or significant asset transfers of the Company; - any change in the Company's corporate purpose; - any and all (immediate or deferred) financial commitments, made by the Company or by one of the Group companies, representing more than EUR 50,000,000 per transaction. "Financial commitments" are defined as: • any and all acquisitions or disposals of business lines or assets or majority or minority interests in other companies not controlled by the Company within the meaning of Article L. 233-3 I. and II. of the French Commercial Code. The amount of the commitment is considered as being equal to the entity's enterprise value, • any and all direct investments (e.g. creation of an activity, business line, subsidiary or expenditure on technological developments), • rental and lease commitments, the amount for determining the commitment corresponds to the market value of the leased asset, • any and all loans, or shareholder loans to entities not controlled by the Company as defined in Article L. 233-3 I. and II. of the French Commercial Code, • any and all bilateral or syndicated bank credit facilities that are not consistent with or are not undertaken in accordance with the Group's annual financing policy as previously approved by the Board of Directors. In all cases, the committee gives an opinion on the taking of bilateral or syndicated bank credit facilities for an amount of over EUR 250,000,000 per year, it being specified that credit facilities for a duration of less than one year, irrespective of the amount, do not have to be submitted to the Commitments Committee.

Each year, the Board of Directors determines Edenred's business orientations, taking into account matters associated with climate change and sustainable development in general. The Head of CSR and Sustainability reports on her activities to the Board of Directors each year, and works with the Compensation, Appointments and CSR Committee, made up of three members of the Board of Directors, and with the Audit and Risks Committee, made up of four members of the Board of Directors. Strategy, management of policies implemented to manage CSR impacts, risks and opportunities (IROs), and monitoring performance metrics related to climate, inclusion, diversity, and respect for human rights are under the responsibility of the Human Resources (HR), the Corporate Social Responsibility (CSR) Department as well as the Chief Executive Officer. The CSR strategy is developed in collaboration with representatives of all internal stakeholders and led by the Group CSR Department, whose Director is a member of the Extended Group Executive Committee or "E-GEC". This department is placed under the responsibility of the Vice President, Human Resources & Corporate Social Responsibility, who is a member of the Executive Committee. The CSR strategy and its implementation are discussed and approved at Executive Committee meetings. They are then presented to the Compensation, Appointments and CSR Committee, and lastly to the Board of Directors. [...] The CSR strategy is rolled out by networks of local and business/regional correspondents, comprising more than 100 employees. There are several different networks, categorized by theme or department (human resources, risk & compliance, IT security, personal data protection, customer satisfaction). These networks are responsible for the deployment of environmental, social and governance policies as well as leading local action plans. Roadmaps are developed in collaboration with local entities with a double ambition: implement the Group's objectives to each subsidiary and meet local needs. To ensure optimal network management, the Group's CSR Department organizes monthly meetings with key CSR correspondents, meaning global business line correspondents and correspondents in the main countries and regions. The purpose of these meetings is to provide ongoing training, report on CSR strategy and project progress, share best practices from local experience, and coordinate the achievement of key CSR objectives. Performance reviews at both country and regional levels, which focus on the Group's CSR objectives, are organized every six months for both managers and CSR correspondents. Three of these performance criteria have a direct impact on the long-term variable compensation of employees with an executive role. These key metrics are managed by the HR and CSR Executive Vice-President, and approved by the Executive Committee, which presents them to the Compensation, Appointments and CSR Committee and then to Board of Directors."
"ance
Registered on the Nanterre trade
and Companies Register
under n° 493.322.978 R.C.S Nanterre

_The logos and other trademarks mentioned_
_and featured in this document are registered_
_trademarks of Edenred S.E., it subsidiaries_
_or third parties. They may not be used for_
_commercial purposes without prior written_
_consent from their owners._

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