Strategic Shareholder Climate and Risk Financial Financial Barclays PLC 249 report information sustainability report Governance review review statements Annual Report 2022 ESG: Governance (continued) The BRC also reviewed the ERMF and Board Remuneration annual bonus and 2023-2025 Long Term Committee (RemCo) recommended the same to the Board for Incentive Plan (LTIP) for the Executive its approval, and reviewed each of the Directors both include a 'Climate and The RemCo is responsible for setting the Principal Risk frameworks, including the sustainability' category, focusing on overarching principles and parameters of Climate Risk Framework. climate-related measures including remuneration policy across the Group. The progress towards our new Sustainable and RemCo has responsibility for aligning Board Audit Committee (BAC) Transition Financing target, reducing GHG Executive Director remuneration with The BAC assesses the integrity of the emissions associated with our operations strategic priorities, including in relation to Group’s financial statements and and supply chain, as well as delivering the climate and sustainability matters. The evaluates the effectiveness of the Group’s ambition to be a net zero bank by 2050. performance measures for the 2023 internal controls. The BAC provides oversight of the Group’s climate and sustainability disclosures, and supported the integration of the 2022 TCFD disclosures into the 2022 Annual Report. The impact of climate change on the Group’s financial statements continues to not be material at this time, but this is an area that the BAC will continue to monitor. Spotlight • considering updates on Climate risk üapproved the form of resolution Climate through the reports of the Chair of to be put to shareholders at the Barclays’ climate strategy and ambition the BRC 2022 AGM seeking is set by the Board which oversees its endorsement of Barclays’ • reviewing updates on amendments implementation by management. The climate strategy, targets and to climate policies and targets, Board remained focused on climate in progress including our oil sands and thermal 2022, and key activities of the Board in coal policies üendorsed management’s relation to climate included: proposal for new or updated • considering climate-related data • delivering on Barclays' commitment climate policies and targets. and reporting, and discussing areas to offer shareholders a ‘Say on in which the Group could make Climate’ advisory vote at the 2022 You can read more about our 'Say on + Climate' advisory vote in our Section further progress in its strategic AGM 172 statement in the Strategic Report climate leadership ambition. on page 19. • engaging with our private shareholder Your can read more about Barclays’ Key decisions: base at the 2022 AGM on Barclays’ updated policies and targets in the climate strategy and targets, and Climate and Sustainability report. üreaffirmed Barclays’ desire to considering feedback received maintain a leading position on the following the 'Say on Climate' advisory climate agenda and supported vote passed at the AGM broader engagement with shareholders on climate matters • ongoing engagement with institutional investors and üapproved the Group’s Task Force shareholder representative groups on Climate-related Financial regarding Barclays’ climate strategy Disclosures Report for 2021 and targets

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