ESG Strategy Action Plan (1 of 5)

1. Protecting Our Land, Air, and Seas

1. Ensure that ADNEC Group is working towards addressing global and local climate emission concerns by aligning with international standards and efforts.

1. Conduct scope 1/2/3 emissions analysis using internationally recognized methodology (GHG, ISO, etc.), identify highest emitting actions and define targets to close the performance gap.

2. Define and implement new policies for environmental sustainability across the Group.

1. Pursue certification by third party accreditor (e.g. CDP, SBTi).

2. Formulate and implement a Net Zero Strategy (multiple-phases) focusing initially on scope 1 and 2 activities across the Group.

3. Implement a system / tool to monitor and report scope emissions.

1. Implementation of the Group Net Zero Strategy (future phases).

2. Collaboration with partners to reduce scope 2 and scope 3

2. Support the preservation and efficient use of energy resources across the Group's business areas.

1. Define and implement policies for energy efficiency in existing and new business activities and investments.

2. Carry out a baseline mapping of energy mix and consumption across the Group’s key activities and assets –and determine the performance gap.

3. Identify viable energy/technology solutions that can close the performance gaps identified.

1. Pursue relevant energy efficiency accreditations across the Group (e.g. ISO 50001, LEED, The Carbon Trust Standard etc..)

2. Define and implement an Energy Optimization Plan (initial phase) based on the baseline exercise and aligned with the Group Net Zero Strategy.

3. Define and implement Sustainable and Renewable Energy Plan (initial phase) based on the baseline exercise and aligned with the Group Net Zero Strategy.

1. Implementation of Energy Optimization Plan (future phases).

2. Implementation of Sustainable and Renewable Energy Plan (future phases).

3. Invest in innovative technologies for new energy requirements and to replace legacy assets.

3. Maximise use of sustainability materials and adoption of Circular Economy throughout the Group's value chain.

1. Track and map direct and indirect food and non-food waste and set reduction targets to eventually reach zero waste on controllable activities.

2. Map materials and products that constitute the most significant opportunity to reduce, re-use and/or recycle, and those that should be transitioned to more sustainable materials – and set targets to close the performance gap.

1. Define and implement policies for sustainable materials use and for waste management to be applied across the Group.

2. Identify alternative materials and suppliers to transition targeted materials to more sustainable options.

3. Establish partnerships and agreements to secure sustainable materials.

4. Build capabilities and integrate waste and materials management approaches for new business activities, investments, and contracts.

1. Build capabilities and integrate materials management approaches for existing business activities, investments, and contracts.

2. Where necessary and applicable; revisit existing contracts and agreements to implement improved waste and materials management practices in line with the established policies and targets.