NORD/LB Group Presentation

Sustainability at NORD/LB ESG Framework and Sustainable Loan Framework (SLF) The ESG Framework of NORD/LB Pe The ESG framework supports business decision-making at all levels and provides a frame of reference for how NORD/LB intends to deal with business opportunities and risks related to direct and indirect sustainability impacts. The ESG framework includes explicit provisions on business exclusions. These include pornography, controversial weapons, shipwrecking, the construction of new coal-fired power plants, the construction of new hydroelectric power plants and dams in areas worthy of protection, and online gambling. In addition, general industry-specific regulations are defined for business activities in order to implement minimum ESG standards in the relevant areas. For implementation, ESG policies exist for the following business areas: ESG Policy Agriculture ESG Policy Mining, Metals, Oil and Gas " ESG Policy Fisheries & Farming ESG Policy Aircraft Finance and Real Estate ESG Policy Timber industry and processing as well as paper production ESG Policy Palm oil ESG Policy Armament The SLF of NORD/LB Pē Through the implementation of the Sustainable Loan Framework, NORD/LB has a methodology and associated procedures for the internal classification of financing as "sustainable loans". The Sustainable Loan Framework was developed on the basis of NORD/LB's existing Green Bond Framework, the EU taxonomy and with the help of NORD/LB expert input and is constantly being further developed. The classification of "sustainable" loans is carried out through a multi-stage process based on internally defined eligibility criteria. In a first step, the SLF comprises ecological criteria and will be expanded in further stages to include social and governance criteria. NORD/LB Sustainable Loan Framework der NORD/LB Gruppe Friedrichswall 10 30159 Hannover Deutschland Note: In the case of business transactions relating to renewable resources which take place outside the high-income OECD states or outside the European Union, NORD/LB takes into account the "Performance Standard 6 Biodiversity Conservation and Sustainable Management of Living Natural Resources" of the International Finance Corporation of the World Bank where necessary. In the case of business transactions relating to non-renewable raw materials which take place outside the high-income OECD states or outside the European Union, NORD/LB also takes into account the "Environmental and Social Risk Briefings" of the UNEP FI Initiative on the relevant sectors, where necessary. Finanzgruppe 12 NORD/LB

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