Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainable infrastructure
• Robust and balanced governance
• Supply chain integrity
• Energy innovation
• A distinctive culture
• Rigorous focus on health & safety
• Building a diverse workforce

Environmental Achievements

• 100% of electricity procured from renewable sources by 2021
• Power usage effectiveness (PUE) improved by 15% by 2023 (vs 2020 baseline)
• At least 80% metering on sites by 2023
• ~50 sites in Spain equipped with generator hybrid systems, solar panels and accumulators
• Solar panels integrated in the roof of a site to power site aircon, pilot for two sites (Spain)
• c. 100 sites in Greece, Portugal, Germany equipped with solar panels
• 100% of redundant network equipment reused, resold or recycled by 2025

Social Achievements

• thriVe wellbeing platform available to both employees and their families
• 0 annual fatalities (2018-2021 YTD)
• Focus on growth opportunities for our people
• At least 30% female employees

Governance Achievements

• Balanced board composition with two-tier AG structure
• Independent Chair
• 4 independent directors on the Supervisory Board out of 9 directors
• No major shareholder instruction rights
• Intention to be substantially compliant with German Corporate Governance Code
• Adopted world class compliance tools and processes

Climate Goals & Targets

Environmental Challenges

• Reducing site visits further
• Improving power supply and cooling system efficiency

Mitigation Strategies

• Deployment of remote monitoring, predictive maintenance and managed solutions
• Implementing ISO 50001 by 2023 for continual improvement of energy performance and security
• Leveraging VPC expertise and economies of scale to ensure best practice and best value in supply chain

Supply Chain Management

Responsible Procurement

• Long standing ethical procurement policies and monitoring practices
• Comprehensive qualification and due diligence of suppliers for topics such as human rights, health & safety, anti-bribery and watch list screening
• A leading network equipment reuse program via Asset Marketplace

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• 100% of electricity procured from renewable sources by 2021 and to be maintained during the performance period (weighted 5%)
• 66% of redundant network equipment reused, resold or recycled by 2023 (weighted 1%)

Social Achievements

• At least 25% female employees in management positions (weighted 2%)
• 0 annual recordable fatalities (weighted 2%)

Governance Achievements

• Established a remuneration system for the Management Board, aligning short-term and long-term goals with business priorities.
• Implemented share ownership obligation for Management Board members.

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Green energy generation
• Sustainable digitalisation in Europe
• Workforce diversity
• Safety

Environmental Achievements

• Since summer 2021, 100% of the electricity used to operate infrastructure is procured from renewable energy resources.
• Installed around 752 micro wind turbines on 52 German towers, covering 100% of the towers’ energy requirements under average wind conditions.

Social Achievements

• 41% of employees are women.
• 33 nationalities represented in the workforce.
• Initiatives to support Ukrainian refugees.

Governance Achievements

• Published second annual report as a public company.
• Shares included in MDAX, TecDAX, FTSE global equities mid-cap index, and STOXX Europe 600.

Climate Goals & Targets

Environmental Challenges

• Supply chain issues impacting macro site build.
• Geopolitical risks and global supply chain challenges due to the war in Ukraine.

Mitigation Strategies

• Revised rollout plan in Germany, adding optionality to source sites from third-party TowerCos.
• Active management of ground lease and maintenance costs.
• Actively managing energy consumption.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Adverse political and regulatory measures

Opportunities

• Green energy generation

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Micro wind turbines

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Sustainability
• Climate Change
• Renewable Energy

Environmental Achievements

• 100% of electricity used to operate infrastructure is from renewable sources since 2021
• Construction of first wooden structured telecommunication mast in Germany (significantly lower carbon footprint than steel or concrete)

Social Achievements

• Increased acceptance of telecommunication infrastructure among the population due to the visually appealing design of the wooden masts
• Successful collaboration with local communities (Bechtolsheim) on the wooden mast project

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Need for increased acceptance of telecommunication infrastructure among the population
• High carbon footprint of traditional telecommunication masts

Mitigation Strategies

• Construction of wooden masts with lower carbon footprint and improved visual appeal
• Piloting renewable energy generation directly at sites with wind turbines and solar panels
• Replacing diesel generators with hydrogen engines

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Use of recyclable wood from Ecotelligent

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of sustainable telecommunication infrastructure

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 9 (Industry, Innovation and Infrastructure)
• Goal 13 (Climate Action)

The use of renewable energy and sustainable materials contributes to these goals.

Sustainable Products & Innovation

• Ecopol wooden telecommunication masts

Awards & Recognition

• Not disclosed