### Governance and oversight
a.s.r. thinks that it is important to embed climate considerations into its core governance process. We have ensured that climate strategy is integrated across all levels of the organisation and that is aligned with our various sustainability policies. This Climate Transition Plan is approved by the Management Board.
###### Shared responsibility
The responsibility for a.s.r.'s climate strategy is shared throughout every level of our organisation. Within the Management Board (MB), our CEO is responsible for sustainability, including climate policy. Overall, the Management Board bears the ultimate accountability for our corporate strategy.
Since 2022, the Management Board receives support from a.s.r.'s Sustainability Committee. This Committee reviews and advises on draft policies for a.s.r. regarding sustainability before these policies are presented to the MB for adoption. This Committee also focuses on addressing dilemmas and conflicts related to sustainability and ethics, and ensures ethical considerations are integrated into a.s.r.'s decision-making processes.
Within the Supervisory Board, the Nomination and ESG (Environmental, Social, Governance) Committee provides advisory support and monitors ESG developments as well as sustainability strategy outcomes.
The Supervisory Board of a.s.r. furthermore approves the strategic non-financial targets, which includes any climate-related targets.
Overall, in terms of climate and sustainability-related tasks, the responsibilities of the above-mentioned governance mechanisms include reviewing and guiding strategy. This includes overseeing, guiding the development and approving this transition plan for a.s.r, as well as continued monitoring and implementation of the plan.
###### Implementation
Operational responsibility for implementing a.s.r.'s climate strategy lies with the various product lines. Each segment's management team is tasked with implementing the transition plan in the decentralised business strategy, in which they receive support from a decentralised ESG or sustainability team or decentralised sustainability officer in order to ensure cohesive action and stimulate synergy across the product lines. Besides, several product lines have an internal committee to advise on ESG related risks and decisions.
In addition, the Sustainability Workforce, which includes representatives from different operating segments, monitors (internal and external) developments as well as the implementation of climate policy and strategy. Every quarter, the Sustainability Workforce reports to the MB regarding progress on climate targets and KPIs. This is coordinated by the central Sustainability Team of a.s.r., which additionally establishes project groups focused on themes which require a cross- operating segment approach.