Vestas Wind Systems A/S

Engaging with public stakeholders to accelerate the energy transition We are a key player in the global energy transition and participate in energy debates at international, national, and local levels. We engage with governments and public stakeholders through direct advocacy, information campaigns, meetings with officials and politicians on issues linked to wind energy, and through indirect lobbying via associations. We are registered in the EU Transparency Register under the reference number 769186224869-06 and seek to promote our interests in energy and renewables in a legal, ethical, and transparent manner. Our objective is to accelerate the clean energy transition in line with the Paris Agreement goal of limiting global warming to 1.50 °C above pre-industrial levels, and to increase the contribution wind energy makes towards achieving this goal across the globe. Our Public Affairs department has a global reach, with locally based experts who collectively have political networks across all continents. Our Head of Global Public Affairs monitors the activities of the department and ensures board oversight through quarterly reporting of these activities. Members of our Board and executive management have not held comparable public positions within the two years prior to their appointment. Financial or in-kind contributions In general, we do not donate corporate funds to political parties or individual politicians. Any exemptions to this rule must be in accordance with local law and have prior written approval from the Group President and CEO. In 2023, we did not donate to any political organisations. Through our membership in over 100 renewable energy associations at global, regional, and national level, we help define policy recommendations and consultation responses on various legislative proposals.

#### Political engagement

###### As a pioneer in renewable energy, we contribute to the development of policies and associated regulations that promote the role of wind power in the clean energy transition, thereby creating and shaping new markets across the globe.

Engaging with public stakeholders to accelerate the energy transition
We are a key player in the global energy transition and participate in energy debates at international, national, and local levels. We engage with governments and public stakeholders through direct advocacy, information campaigns, meetings with officials and politicians on issues linked to wind energy, and through indirect lobbying via associations. We are registered in the EU Transparency Register under the reference number 769186224869-06 and seek to promote our interests in energy and renewables in a legal, ethical, and transparent manner. Our objective is to accelerate the clean energy transition in line with the Paris Agreement goal of limiting global warming to 1.50 °C above pre-industrial levels, and to increase the contribution wind energy makes towards achieving this goal across the globe.

Our Public Affairs department has a global reach, with locally based experts who collectively have political networks across all continents. Our Head of Global Public Affairs monitors the activities of the department and ensures board oversight through quarterly reporting of these activities. Members of our Board and executive management have not held comparable public positions within the two years prior to their appointment.

Financial or in-kind contributions
In general, we do not donate corporate funds to political parties or individual politicians. Any exemptions to this rule must be in accordance with local law and have prior written approval from the Group President and CEO. In 2023, we did not donate to any political organisations.

Through our membership in over 100 renewable energy associations at global, regional, and national level, we help define policy recommendations and consultation responses on various legislative proposals.

Political engagement Engaging with public stakeholders to accelerate the energy transition As a pioneer in renewable energy, we have con- tributed to the development of policies and ass- ociated regulations that promote the role of wind power in the clean energy transition, thereby cre- ating and shaping new markets across the globe. Vestas is a key player in the global energy transition and participates in energy debates at international, national, and local levels. We seek to engage with governments and public stakeholders to promote our interests in energy and renewables in a legal, ethical, and transparent manner. This can involve direct advocacy with governments, information campaigns, meetings with officials and poli– ticians on issues linked to wind energy, and indirect lobbying through associations. Our objective is to accelerate the clean energy tran– sition in line with the objective of the Paris Agreement to limit global warming to 1.5 degrees C, and to increase the contribution wind energy makes towards achieving this objective across the globe. Our Public Affairs department has a global reach, with locally based experts who collectively have political networks and reach across all continents. Quarterly reporting ensures Board oversight of our public affairs activities.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Attachments are screenshots from our website (https://www.vestas.com/en/about/this-is-vestas/who-we-are and https://www.vestas.com/en/about/Our-policy-recommendations/overview).
Vestas being a pureplay renewable energy manufacturer, it is in our business interest to only conduct engagement activities that are accelerating the clean energy transition in order to limit global warming to 1.5 degree C over pre-industrial times. Any engagement we have focusses thus on accelerating the clean energy transition, to increase the build-out of renewables and related infrastructure, to accelerate renewable direct electrification and to invest into indirect electrification to have the foundations to cover the last "mile" of the energy transition (=decarbonization of hard-to-electrify sectors).