Noting the company’s stated support for the goal of achieving net-zero emissions globally by 2050, 1 along with the publication of the International Energy Agency’s Net Zero by 2050 scenario, 2 to promote the long-term success of the company, given the risks and opportunities associated with climate change, the company and the directors be authorised and directed by the shareholders to: 1. Set, disclose and implement a strategy to manage its Fossil Fuel 3 exposure in accordance with a scenario in which global emissions reach net zero by 2050, including: a. A commitment to no longer provide Financing 4 where proceeds would be used for new or expanded Fossil Fuel projects; and b. Short-, medium-, and long-term targets to reduce fossil fuel exposure consistent with the goal of net zero by 2050, avoiding overreliance on negative emissions technologies. 2. Report annually on progress under that strategy, starting from 2022, including a summary of the framework, methodology, timescales and core assumptions used, omitting commercially confidential or competitively sensitive information, and at reasonable cost.