HelloFresh SE

An essential step for achieving our environmental, social and governance (ESG) goals is establishing a clear governance structure that allows us to monitor, measure and communicate our progress. Each identified material ESG topic is led by an appointed international topic lead who drives company-wide measures, monitors progress on the targets and supports regional sustainability managers. Regional sustainability managers are responsible for implementing local measures and aligning with global targets. All regional and international sustainability managers formally exchange on their experience, progress and challenges at least once a month. The operations executives (SVP Supply, Product & Sustainability for HelloFresh International and VP Operations for HelloFresh US) oversee progress with sustainability topic leads and meet with regional top management for strategic alignment on ESG topics at least bi-annually. A Sustainability Forum is held every quarter with C-level management and others, where roadmaps and initiatives are shared. This helps us prioritize and align on different projects to maintain the necessary strategic oversight. We have also formed an ESG committee of our supervisory board members to monitor and advise the Management Board on all topics related to ESG matters, in particular on the establishment of a monitoring system. It also assists the Audit Committee with reporting and disclosures related to ESG. The Committee meets quarterly (twice in 2021 following inception at the annual general meeting) to discuss progress on the sustainability topics. Co-founder Thomas Griesel takes overall responsibility for ESG topics within the HelloFresh Management Board. To incentivize sustainable and future-oriented action, we've directly linked our two key environmental goals – reduction of food waste and reduction of CO2 emissions – to management key performance indicators (KPIs) and consequently to long-term remuneration. Together, these ESG targets represent 20% of the short-term variable compensation for the HelloFresh Management Board.

###### Einbindung des Vorstands

Der Vorstand trägt die Verantwortung für unsere Nachhaltigkeitsstrategie. Er gibt die Richtung unserer Nachhaltigkeitsbemühungen vor und koordiniert die entsprechenden Maßnahmen mit den verantwortlichen Führungsebenen.

Um Verantwortlichkeit für unsere kontinuierlichen Nachhaltigkeitsbemühungen auf den obersten Führungsebenen zu gewährleisten, hat HelloFresh Thomas Griesel, Co-CEO & Mitgründer von HelloFresh, formell zum Vorstandsbeauftragten für Umwelt-, Sozial- und Corporate-Governance-Themen ernannt. Im Jahr 2020 haben wir außerdem einen eigenen ESG-Ausschuss innerhalb des Aufsichtsrats eingerichtet.