This committee’s mandate will include the following: 1. 2. 3. Analysis of the systemic impacts of the Bank’s strategic decisions on: • economic inequalities; • home ownership; • climate and the energy transition; • social and territorial stability; • human rights. Drawing up of recommendations to reduce negative externalities and increase the social benefits associated with financing, investment and risk management activities. Publish an annual systemic impact report, appended to the ESG report, and presented to the shareholders and the public, including specific and verifiable indicators. Financial institutions enjoy significant influence over the economy, society and the environment. Through their financing, investment and risk management decisions, they make a direct contribution to shaping key issues, such as access to housing, inequalities, the climate transition and social stability. Big banks in particular must live up to their systemic responsibility, in a context of ever-increasing expectations from shareholders, stakeholders and regulators in the area of responsible corporate governance. Formal recognition of this systemic role means adopting an approach to institutional governance that is modern, proactive and in line with public interests. This will enable the Bank to: • anticipate the reputational and operational risks associated with negative externalities; • strengthen its long-term resilience; • offer a structured response to growing social concerns; • show credible leadership in responsible finance. Forming an advisory committee on the systemic impact of the Bank’s decisions will provide the Board of Directors with a rigorous, independent framework to analyze these issues, make specific recommendations and ensure transparent monitoring. The systemic impact report, included in the ESG report, will improve accountability and provide shareholders with a clear picture of the progress made.