S S TR COMMITTEE MEMBERSHIP AND COMMITTEE MEETINGS Key responsibilities of the Committee TR A The Committee currently comprises three Independent Non- A TE executive Directors: Anne Stevens who is Chair of the Committee, Sir – Reviewing and making a recommendation to the Board to TE G G I approve the Sustainability Report and the Modern Slavery I C Nigel Boardman and Marigay McKee. Antony Sheriff stepped down C R from the Committee upon leaving the Board in May 2023. Sir Nigel Statement R E E P Boardman joined the Committee upon Antony Sheriff’s departure. – Reviewing periodically the sustainability strategy and P O O R considering whether there should be any changes, including R T to the targets detailed in the sustainability strategy and T The Chief Financial OfÏcer, Chief Executive OfÏcer, Chief People making a recommendation to the Board for approval OfÏcer, General Counsel, Chief Industrial OfÏcer and Executive G – Monitoring the progress of the sustainability strategy G Consultant to the Chief Executive OfÏcer attend the Committee O – Reviewing the annual Sustainability Materiality Assessment O VE meetings along with the Head of Government Affairs and Sustainability, VE the Director of Internal Audit and Risk and the Head of Investor and providing comments and guidance R R NAN Relations. – Considering and making a recommendation to the Board to NAN approve the Company’s Sustainability Report and where C relevant recommending to the Board any other public C E The Committee meets at least twice a year and has formal terms of documents to be approved for disclosure concerning E reference which can be viewed on the Company’s website, www.astonmartinlagonda.com. This year the Committee met four sustainability-related matters F – Receiving regular updates from the various ESG working F I times. The Committee members’ attendance for the period is set out I NAN on page 106. The activities of the Committee and any matters of groups which are executing the sustainability strategy NAN C particular relevance were reported by the Committee Chair to the – Receiving updates on and reviewing (on an ongoing basis) the C IAL subsequent Board meeting. Company’s external sustainability ratings and accreditations IAL S – Receiving updates on (and reviewing on an ongoing basis) S T T A KEY RESPONSIBILITIES OF THE COMMITTEE sustainability reporting requirements and changes to A T T E The role of the Committee is to oversee, on behalf of the Board, the government strategy, policies and laws impacting E M M E Company’s sustainability strategy, which focuses on five strategic sustainability E N N T pillars: – Monitoring external trends, developments and emerging best T S S practices that may affect the Company’s reputation or – Tackling climate change sustainability and ESG strategy, objectives and targets F – Monitoring the level of resource, competence and F U – Creating a better environment U R commitment applied to the management of sustainability and R T – Investing in people and opportunity T H ESG issues H E – Exporting success E R R INF – Delivering the highest standards – Receiving relevant sustainability audit findings and details of INF sustainability-related assurance activity OR The Sustainability Committee is supported by ten dedicated working OR M groups focused on areas ranging from energy management to M A A T development of a sustainable supply chain. For further information, Key activities of the Committee during the year T I I ON see page 58. – Reviewed and recommended to the Board for approval the ON 2022 Sustainability Report COMMITTEE PERFORMANCE EVALUATION – Reviewed reports from the Company’s sustainability working The Committee was evaluated as part of the internal effectiveness groups review of the Board and its Committees (details of which can be found – Monitored safety performance on pages 92-93). The report is very positive highlighting that the – Discussed the Company’s gender diversity plan Committee is highly effective, with outstanding leadership. The – Carried out deep dives on sustainable design and innovation, Committee concluded that to increase its effectiveness further, it environment strategy, procurement and communications would benefit from greater visibility of what other companies in the – Discussed the Company’s proposed CO emissions reduction 2 automotive industry are doing to promote sustainability and increase plan the time dedicated at meetings to deep dive topics. – Discussed and reviewed progress being made on Racing. Green. targets and requested enhancements to the dashboard reporting of the targets Further information on sustainability can be found on pages 42-63 and also in the Company’s 2023 Sustainability Report at www.astonmartinlagonda.com. ASTON MARTIN LAGONDA ANNUAL REPORT AND ACCOUNTS 2023 107