Orizon Sustainability and ESG Initiatives

ORIZON ||| = ABOUT US NATURAL CAPITAL GOVERNANCE HUMAN CAPITAL SOCIAL PLATFORM PERFORMANCE GRI SUMMARY < 36 > GOVERNANCE STRUCTURE GRI 2-9 The governance structure of Orizon VR comprises the shareholders (through the General Assembly), Board of Directors, Supervisory Board and two non-statutory committees: the Audit Committee and the Ethics Committee, which support the Executive Officers in their decision-making, meaning they are not, therefore, deliberative bodies. It is important to stress that within Orizon's organizational structure, the chairperson of the Board of Directors does not occupy the same position as the CEO. GRI 2-11 Orizon provides communication and implements improvements concerning its management principally by means of the meetings of the Board of Directors, and other Boards and Committees, at which the progress of the operations and critical situations are discussed. In 2022, no critical issues regarding financial aspects, development, the environment or data protection were recorded. GRI 2-16 The Company recognizes that the members of the boards and the directors understand its policies and the legislation applicable to their responsibilities, meaning that they are aware of and set themselves apart from conflicting decisions. As such, in the event there is any conflict of interest in specific voting, the respective member should declare themselves to be precluded, and if anybody in a situation of potential conflict of interest does not declare such, any other member of the body who is aware of the situation may do so. GRI 2-15 With respect to diversity, 92.3% of the members of the governance organs are men and 7.7% are women. The division by age group is: 61.5% are aged between 30 and 50 and 38.5% are over 50. GRI 405-1 ORIZON VALORIZAÇÃO DE RESIDUOS

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