INTRODUCTION PROMOTING CLIMATE RESILIENCE CLOSING THE PROTECTION GAP INDUCING POSITIVE SOCIETAL CHANGE GOVERNANCE APPENDIX 1.4 Underwriting and Investments We recognize that climate change presents both risks and opportunities across our business, and we continue to embed superior risk management and underwriting innovation into our approach in order to remain at the forefront of promoting sustainability through our FPO underwriting activities. Cathal Carr, SVP, Chief Underwriting Officer – Europe and Global Head of Climate and Sustainability Underwriting Strategy We have defined climate transition underwriting and responsible investing strategies that we believe enables us to identify and execute initiatives that support the global transition, with the ultimate aim of promoting climate resilience, closing the protection gap and inducing positive societal change. As signatories of the United Nations Environment Program (UNEP) Finance Initiative (FI) Principles for Sustainable Insurance (PSI) and the United Nations (UN) Principles for Responsible Investment (PRI), we aim to integrate sustainability factors into our underwriting and investment decisions. 8