1.3.5. Anti-corruption

2.2. Materiality and objectives

GRI 102-15, GRI 102-29, GRI 102-46, GRI 102-47, GRI 103-1

We consolidated our material economic, environmental and social topics at Elia Group level back in 2019.

As a result, 15 material topics of high and very high importance were identified, which determine Elia Group’s guidelines for reporting and stakeholder dialogues. These topics are shown in the materiality matrix below.

MaTerialiTy MaTrix elia Group

Importance for the stakeholders 9

10 6 5

8 7

11 3 2 1

4

Low Importance for Elia Group Very high

Topics of high and very high relevance

ESG - Environmental , Social , Governance

1 Network availability and reliability 2 System and market integration of RE 3 Corruption and bribery 4 Legal and regulatory environment 5 Transparent dialogue 6 Customer orientation and satisfaction

7 Risk management 8 Technology development and access 9 Transparency and openness 10 Cost and process efficiency 11 Employment creation and skills development

Topics resulting of the Act Now initiative

In addition to the existing topics of high and very high relevance, the following fields of action have come into sharper focus:

Climate-relevant emissions and climate adaptation Biodiversity Operational environmental protection Diversity and equal opportunities

ESG Criteria

Elia Group transparently documents the implementation of its consistently sustainable business orientation. ESG (Environmental, Social, Governance) criteria are increasingly becoming driving factors in investors’ capital decisions. Elia Group also relies on green financing, i.e. green bonds, for the high financing costs that are necessary to finance the expansion of the grid and thus the energy transition. This is why we have constantly expanded and improved our sustainability reporting in recent years. This is being rewarded and is subsequently reflected in the good and ever higher ratings that Elia Group receives from internationally recognised rating agencies, such as Sustainalytics, MSCI and Vigeo Eiris.

In the reporting year, Elia signed a €650 million revolving credit facility (RCF) agreement with a pricing mechanism linked to three of Elia’s sustainability performance targets.

In the reporting year, 50Hertz successfully placed a €750 million green bond.