Overview Economy Community People Environment Governance & Risk Disclosure GRI & ADX 84GRI 102-16, 102-18, 102-19, 102-28, 103-2 Our commitment to operational excellence is underpinned by the highest standards of ethical business conduct, supported by robust governance structures and a comprehensive risk management framework. Shareholders represent the highest levels of governance and the Company’s Articles of Association define the framework through which it operates as a public joint stock company. The company’s governance framework takes into consideration the application of the principles and standards set by both the Securities and Commodities Authority and Abu Dhabi Securities Exchange, as well as the Federal Law No. (20) of 2015 on commercial companies, as amended, in order to develop the company’s policy, requirements and aspirations. Governance Aldar further adheres to the decision of the Chairman of the Securities and Commodities Authority No. (03/RM) of 2020 on the standards of the Corporate Governance Manual of Public Joint Stock Companies. The company annually issues a Corporate Governance Report, which reflects Aldar’s commitment to the effective and efficient application of governance rules, and clearly demonstrates joint efforts and synergy between the company’s Board of Directors, Executive Management and employees. Aldar’s Board of Directors, which constitutes the company’s highest decision-making body, considers a strong governance system to be one of the cornerstones of Aldar’s sustainable and long-term growth. The Board, which is accountable to the shareholders for ensuring that the company’s objectives are in line with their expectations and aspirations, is responsible for ensuring the effectiveness of the company’s management in managing the company’s businesses. The Board’s focus is that the company’s objectives are consistent with legislative requirements and codes of professional conduct defined by both the Securities and Commodities Authority and Abu Dhabi Securities Exchange. The seven-member Board, all of whom are independent and non-executive, regularly evaluate the effective fulfilment of their remit and compliance with corporate governance rules to ensure consistency with the regulatory controls and changing business environment. Three committees provide comprehensive oversight: the Audit Committee; the Nomination and Remuneration Committee; and the Executive Committee. The Board is supported by Aldar’s Executive Management Committee, which is responsible for managing day-to-day operations and key business issues in line with the strategic framework of the company. Its members include the Chief Executive Officer (CEO), Aldar Development and Aldar Investment CEOs and the Executive Officers of its departments and divisions. The Board is committed to continuously enhancing the value of the company for its shareholders, taking into account the interests of all stakeholders, including its employees, suppliers, customers and business partners, as well as the communities in which the company operates. For further information about our Board of Directors and Governance Committees, please see our latest Annual Report, pages 92 to 130. Our business performance is guided by an unwavering governance framework which demands the highest standards of business conduct and ethics. The incorporation of sustainability into our governance model demonstrates our commitment to continual evolution within an ever-changing external context. Emma O’Brien Sustainability Council Memberand General Counsel