BNY MELLON ENTERPRISE ESG 62 RESPONSIBLE BUSINESS We act as a listing agent for issuers listing securities on the Luxembourg Green Exchange, a platform exclusively for 100% ESG-focused securities. We also continue to maintain “Observer” status to the International Capital Market Association’s Green Bond Principles, which are voluntary process guidelines to promote integrity and transparency in the market. Infrastructure and Public-Private Partnerships As urban population growth continues, so does the need for substantial investment in infrastructure. Public- private partnership investments have the potential to mobilize needed capital toward green and sustainable projects. Corporate Trust administers bonds and loans that help finance a wide range of infrastructure projects. Catastrophe Bonds and Insurance-Linked Securities While green bonds focus on actions designed to mitigate the long-term effects of climate change, catastrophe bonds and insurance-linked securities help address its immediate impacts. Catastrophe (CAT) bonds help reduce the cost of insuring risk from natural disasters by transferring the exposure from insurers to financial investors. Corporate Trust is an active administrator of these structures, contributing to BNY Mellon’s position as the leading CAT bond trustee globally, with 79% 28 of the global CAT bond market share in 2021. ESG ADVISORY SOLUTIONS As ESG investing grows, BNY Mellon helps our clients that issue depositary receipts understand and navigate the increasing complexities and evolving regulations on sustainable investing and disclosure. Our services range from providing roadmaps to help issuer clients manage investor concerns to assisting issuer clients in developing ESG strategies that are integrated with their capital markets and investor relations activities. Specifically, we support issuer clients in four major areas: Education and Benchmarking: Identify material themes within peer groups and industries, including company- specific ESG ratings, peer benchmarking reports, sector trends and regional trends. 28 Catastrophe Bond & Insurance-Linked Securities Deal Directory , Artemis Engagement Policy and Strategy: Develop roadmaps to assist in understanding investors’ specific ESG concerns, reviewing internal ESG practices, and enhancing communications efforts with investors and other relevant stakeholders. Intermediary Engagement: Help issuer clients understand and engage with key players, including ESG ratings providers, sustainability index providers, specialized firms and associations, and proxy advisers. Investor Engagement: Identify institutional investors that have embedded active ESG criteria into their investment processes and facilitate engagement with them; facilitate understanding of top shareholders’ ESG priorities and engagement with the right people at these firms. Through our advisory services, we guide issuer clients’ growing focus on key emerging issues, such as managing climate change concern and implementing the TCFD recommendations. Following our inaugural Future First Forum in 2021, we plan to issue a selection of Future First Insights white papers, including Tackling the TCFD Challenge , published in March 2022. This paper highlights views from investors and issuers as well as a broad outline of ways to approach climate reporting. Managing Investor Relations Team Carbon Impact As more companies make net zero commitments and aim for greater transparency around their sustainability performance, visibly curbing travel-related carbon emissions can positively impact both carbon footprint and public perception. Research conducted by BNY Mellon Depositary Receipts on The Carbon Impact of Investor Relations Activity evaluated potential costs and benefits investor relations teams could realize by reducing carbon emissions through virtual meetings and using carbon offsets to lessen the impact of in-person events. Another BNY Mellon study, Corporate Access Through COVID-19 and Beyond , shows that a significant number of investors are receptive to virtual meetings. Engaging Issuers and Investors In 2021, we deepened conversations between our Depositary Receipt issuer clients and institutional investors across the U.S. by hosting our inaugural Future First Forum ESG Investor Conference. At this conference, BNY Mellon Capital Markets hosted issuer- to-investor one-on-one meetings for our issuers in the