At the end of 2022, the Group will outline its climate-related objectives in line with the methodology espoused by the Science Based Targets (SBT) initiative. Once defined, these climate targets will be put to a shareholders’ vote in a “Say on Climate” resolution at the next ordinary general shareholders’ meeting. The consultation as to the Company’s climate strategy at the general shareholders’ meeting is a Group initiative. This vote will be purely consultative in nature in order to allow careful consideration of the targets specifically allocated to each of the corporate bodies. As such, it will not be binding on either the shareholders – who are not asked to take responsibility to approve or reject Elis’s climate program, which is the responsibility of the Management Board and the Executive Committee – or on the Company, whose intention is, in any case, to roll out an ambitious climate approach. The only objective of the vote is to involve the Company’s shareholders in the ambition presented to them, enabling them to affirm, should they so wish, their commitment to it. Naturally, we hope that this strategic position, which will influence every aspect of the Group’s actions over the long term, will be widely supported and thus shared by shareholders. Given that shareholders may have various motives on such a vote, in the event that the resolution is not approved, the Company would use all means at its disposal to discuss with and gather information from its shareholders to understand the reasons which led them, as the case may be, not to support the proposed draft resolution. The Company would inform all its shareholders of the outcome of this step and would indicate the measures envisaged so as to take shareholders’ views into consideration.