Comité de Seguridad, Medio Ambiente y Responsabilidad Social

Mandate

The Safety, Environment & Social Responsibility Committee is to assist the Board in its oversight of Finning's safety and health, environmental, social responsibility, and sustainability policies and programs and monitor its performance against those policies and programs.

The Committee encourages, assists and counsels management in its drive towards attaining and maintaining world-class safety, health and environmental performance and sustainability. The Committee, through oversight of management’s procedures and policies, ensures management builds compliance into the corporation’s business processes and activities in order to meet or exceed applicable legal obligations. The committee supports management in achieving the goals of eliminating work-related injuries and occupational illnesses and reducing our impact on the environment.

Community investment is also a focus of this Committee, as well as any matter affecting Finning’s sustainable development in the Committee’s areas of oversight responsibility. The committee is also involved in providing strategic input, monitoring risks on a quarterly basis related to its scope of responsibility, and reviewing action plans in all these areas.

The mandate of the committee includes to:

• review and approve goals and guidelines for environmental compliance, ensuring that environmental policies comply with applicable legal requirements
• review and approve metrics for target setting and tracking performance, and associated annual compensation targets, in the areas of health, safety, environment and community support, and monitor performance against those targets
• support the development of short and long-term policies and procedures relating to sustainable development in the areas of employee health & safety, environment and social responsibility, including oversight of our global sustainability policy and matters addressed therein, such as human rights, environmental stewardship and commitments to our employees and communities
• guide and monitor management’s strategies, action plans, risk management, duties and responsibilities relating to global health, safety, environment, community support and social responsibility
• review applicable legal and regulatory frameworks, including significant trends or pending changes
• monitor any current, pending or threatened legal actions within the areas of the committee’s mandate
• receive quarterly reports on (i) safety statistics, (ii) environmental statistics, (iii) community and social responsibility investments, and (iv) applicable stakeholder requirements within the committee’s mandate.

The Committee must be comprised of at least three directors, two of whom must be independent and one of whom must be the CEO.

Meetings

The Committee met four times during 2024, with 100% attendance at the meetings. At each Committee meeting the independent directors held sessions without management present.