HOW WE DEFINED THE CONTENT OF THIS REPORT

Scope Of The Information

Unless otherwise stated, the information and all performance indicators contained in this report refer to the activities carried out during 2022 (calendar year) by the assets, offices and companies under the control of Sonnedix Group. These activities have a social, environmental, economic and governance impact both inside and outside the organisation’s perimeter.

To ensure comparability and facilitate a better understanding of the evolution of the company’s performance, 2021 is considered as our baseline year for the purposes of Sonnedix’s sustainability reporting. Where relevant, historic data has been included to enable year-to-year comparison. As we continue to grow and develop our sustainability reporting system, a series of further internal controls will be implemented to ensure the improved reliability of the data.

Topic Identification

Analysing different data sources to generate an initial list of topics:

• Reporting standards and frameworks: GRI Standards, Sustainability Accounting Standards Board (SASB)

• Sustainability benchmarks: GRESB, Corporate Sustainability Assessment (DJSI)

• Peers’ reports

• Megatrends

• Sonnedix Sustainability Strategy

• 314 potential topics

The information published in this document is supplemented by our ESG Policies and Standards available on our website: www.sonnedix.com

Materiality And Relevance

To identify the most relevant sustainability topics for the Group and our stakeholders, Sonnedix undertook a materiality assessment in 2020. In line with the latest developments in sustainability reporting standards, including the European Financial Reporting Advisory Group (EFRAG), we intend to refresh this assessment in 2023 and further delve into the notion of ‘double materiality’. This was initially planned for 2022, however, given that the EFRAG guidelines on standard setting are still at the draft stage, we postponed this assessment to next year to capture any further updates and allow for sufficient time to engage with relevant internal and external stakeholders on this topic.

The 2020 materiality assessment process consisted of four stages and considered both internal and external factors which were jointly analysed to obtain the final result:

External Relevance

Assessing how relevant each topic is for our stakeholders when making strategic decisions about Sonnedix and/or when assessing Sonnedix’s performance, strategy and results

• Media analysis

• Peers/competitors

• Sector associations

• Opinion leaders/think tanks

• SASB materiality matrix

• GRESB material topics for Sonnedix

• External survey to key Global Partners and stakeholders

Categorisation

Creating clusters and identifying commonalities.

• 26 potentially material topics

MATERIALITY MATRIX: MATERIAL TOPICS

Internal Relevance

Gauging the strategic importance of the topics to the business by assessing how critical each topic is in terms of the impact on the company’s ability to create value for its stakeholders and execute its corporate and sustainability strategy.

• Internal survey to key internal stakeholders including our Board of Directors, the Global Leadership Team and some key function heads

As a result of this process, we identified the following material topics, which were subsequently dealt with in this report: