###### GOVERNANCE STRUCTURE
###### ORGANISATION CHART
###### The Board of Directors and management structure, along with
individually designed roles and responsibilities, play a crucial role
in ensuring transparency and public disclosure regarding
investments at VGI. The Board of Directors oversees the climate
related issues. The Sustainability Committee and the Risk
Management Committee are entrusted with the responsibility of
formulating the company's climate strategy, assessing climate
related risks and opportunities, and presenting their
recommendations to the Board of Directors for consideration and
approval. The Sustainability Working Team actively monitors
climate reporting to ensure that the current disclosure practices
align with industry-leading standards.
###### Remarks: Corporate Governance Committee changed to
Sustainability Committee since 13 February 2023
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###### BOARD COMMITTEE RESPONSIBILITIES
VGI's board-level committees take responsibility of addressing climate-related risks at various levels. This includes establishing
protocols for handling climate-related issues, determining the frequency of reporting on such matters, and defining metrics and targets
for assessing climate-related concerns.
|Board committee|Climate consideration|Frequency|Evaluation metrics|
|---|---|---|---|
|Sustainability Committee|Consider, determine, review, and update the Company's climate strategy, as well as climate-related risks and opportunities, to be in line with international developments and standards and to propose to the Board of Directors for consideration and approval, and to oversee and monitor the implementation of the Company's climate strategy|Quarterly|Link with KPIs|
|Risk Management Committee|Consider risks, including climate-related risk, that could have an impact on the business|Quarterly|Link with KPIs|
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###### MANAGEMENT COMMITTEE RESPONSIBILITIES
The management of climate change impacts is an integral component of VGI's broader sustainability approach and the overseen
sustainability working team.
|Management committee|Reporting line|Climate considerations|Frequency|
|---|---|---|---|
|Sustainability Working Team which is overseen by Sustainability Committee|Sustainability Committee and Board of Directors|Monitoring climate reporting and ensuring current reporting reflects leading practices|Quarterly|