###### Sustainability governance **BEST-PRACTICE ARRANGEMENTS OVERSEEING ESG ISSUES** Since the demerger, Dowlais Group plc has established and implemented best-practice governance structures. The Board is responsible for the strategy and overseeing the performance of Dowlais. Sustainability sits within the scope of matters reserved for the Board, with its approval required for the Company's publicly stated ESG policies and targets. Given its importance, sustainability is a standing agenda item for each Board meeting and a quarterly report (or more frequent, if required) is prepared and presented by the Chief People, Sustainability and Communication Officer. The Board's responsibilities include oversight of and ultimate responsibility for the new Group Sustainability Strategy, targets, disclosures, and reporting, including climate change, identifying, and considering climate-related risks and opportunities, and alignment with TCFD recommendations. Day-to-day management responsibilities are delegated to the CEO and Dowlais Executive Committee. Full details of our Governance arrangements are available in our TCFD statement on pages 48 to 50 of our Annual Report. Board Responsible for setting the Group's sustainability strategy, including climate change, and for approving key policies and targets, and monitoring business unit performance. Remuneration Committee Nomination Committee Audit Committee Responsible for setting executive remuneration policy Considers board and senior management Ensures effective risk management, including which supports the execution of business strategy. diversity as part of appointments and climate related risks. Oversees the integrity Includes appropriate integration of sustainability succession planning. of the Group's reporting, including reporting priorities into executive remuneration structure. of climate related data. CEO Chairs the Sustainability Commitee and responsible for delivery of the Group's sustainability strategy. Dowlais Executive Committee Dowlais sustainability team Supports the CEO in the day-to-day management of the Group. Coordinates activities between the business unit Includes the Group's Chief People, Sustainability and sustainability teams and ensures the effective operation Communication Officer, who leads the Dowlais sustainability team. of the Group Sustainability Committee. Group Sustainability Committee Chaired by the CEO. Responsible for developing and delivering the Group's sustainability strategy, monitoring, assuring, and reporting of performance. Develops and proposes the Group's ESG Targets, KPIs and programmes. Oversees compliance with the Group's ethics, environmental, health and safety, sourcing, and diversity policies. Business unit CEOs, executive management teams and Business unit sustainability leads Deliver operational ESG initiatives to meet their business' sustainability targets and commitments. Manage, implement and oversee their business unit sustainability strategy and climate-related risk assessment and implement mitigation actions where necessary. Responsible for adapting to changing customer preferences, market demands and sectoral regulatory requirements for sustainability and climate-related matters. Responsible for ensuring effective financial management of the costs of implementing ESG-related activities, including energy costs and emissions reduction plans. Business unit sustainability leads execute the day-to-day running of the business unit's plans and strategy, including coordinating the activities of local site teams. Help to identify business unit specific sustainability matters, including ESG risks and opportunities, and ensure these are escalated and shared as appropriate. Monitor performance against business unit sustainability targets in detail.