INTRODUCTION PROMOTING CLIMATE RESILIENCE CLOSING THE PROTECTION GAP INDUCING POSITIVE SOCIETAL CHANGE GOVERNANCE APPENDIX Our Partnerships We proactively seek partnerships to achieve our aim of building resilience and promoting sustainable development. The partnerships, where we hold leadership positions, include ClimateWise, the Insurance Development Forum (IDF) and the Sustainable Markets Initiative (SMI) Insurance Task Force. These partnerships reflect our desire to combat climate change, support vulnerable communities and drive the industry toward a resilient and sustainable future. ClimateWise Through research, sharing best practices and employing risk management expertise, ClimateWise members work toward a climate-resilient and nature-positive future. Our leadership position in ClimateWise demonstrates our ambition to collectively understand and manage the physical impacts of climate change, while simultaneously In 2022, we joined the Sustainable promoting societal resilience. Markets Initiative, and our CEO Kevin O’Donnell is a member of the SMI “Utilizing its risk and underwriting expertise, the insurance industry is in Insurance Task Force. We collaborate a unique position to understand, quantify and manage nature-related with a global network of private sector financial risks and leverage existing frameworks to develop innovative leaders to drive positive change across product solutions that reduce biodiversity loss and ecosystem collapse. industries and geographies, and support The Roadmap published by ClimateWise in 2023 explores these workstreams related to disaster resilience important topics and provides key actions to support the industry in and multilateral development. Through progressing a nature-positive journey.” our active participation in the SMI, we are Harriet James, SVP, Head of Sustainability delighted to be a part of the industry’s and ClimateWise Managing Committee Chair transition toward a more resilient and sustainable future. Climate change is one of the most complex challenges faced by the world and our business. As a reinsurer, we believe that we can play an important role in managing climate risk while helping facilitate the transition to a lower-carbon economy. Kevin J. O’Donnell, President and CEO, RenaissanceRe and Chair of ClimateWise and member of the SMI Insurance Task Force 28