Boskalis Sustainability Report 2020

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SUSTAINABILITY STRATEGY AND REPORT The sustainability principles of Boskalis are set out in the Boskalis Code of Conduct and the underlying Environmental and Social Policy and the Human Rights and Labor Policy. The Board of Management is responsible for the company’s sustainability strategy. It is supported in this role by the Energy Management and Eco-Engineering task forces. The SHE-Q manager reports to the Board of Management on safety-related topics. With regard to HR-related objectives, the HR director reports to the Board of Management. The business unit directors and the heads of the relevant staff departments report to the Board of Management on respective sustainability key performance indicators. This Sustainability Report was drawn up under the responsibility of the Director of Investor Relations & Corporate Communications who also reports directly to the Board of Management. The report is reviewed by the Board of Management of Boskalis and is discussed in its entirety with the Supervisory Board. In 2020 the Supervisory Board held five regular meetings with the Board of Management and Group Management of the company. Within these specific attention was paid to the company’s policy on safety, health and the environment and the societal aspects of doing business, as well as the development of the safety results. In light of the health and safety of personnel, the Supervisory Board paid serious attention to the effect of the COVID-19 pandemic on Boskalis, the crews and its employees. In particular the Supervisory Board addressed the measures the Board of Management has undertaken with regard to the prevention of contamination on vessels, projects and offices, the internal and

external communications on this topic, and all actions to support the physical and mental wellbeing of the employees during extended working periods on board of the vessels or on projects, complicated travel arrangements, quarantine or working from home. Attention was also paid to sustainability, with a comprehensive discussion by the Supervisory Board of the Boskalis Sustainability Report. In the discussion on the new Corporate Business Plan 2020-2022, the Supervisory Board paid among others attention to the energy transition and the valuable role Boskalis can play in the necessary climate adaptation. In that light also the new formulated purpose for the company, that Boskalis creates and protects welfare and advances the energy transition, was addressed and found fitting as a sustainable ambition for the company. The Board of Management presented to the Supervisory Board the further initiatives to reduce CO 2 emissions of its fleet by researching the application of other energy sources. The Supervisory Board also paid attention to the contracts concluded with the NGO Wetlands International to investigate and develop sustainable wetlands that have the ability to absorb CO 2 . The Supervisory Board also discussed the introduction of the new compliance framework with the updated Boskalis Code of Conduct and its underlying policies as well as the refreshed Supplier Code of Conduct. For the reports of the Supervisory Board, the Board of Management, our corporate governance policy, terms of office and our organization – including the composition of the Supervisory Board and the Board of Management – please refer to our Annual Report 2020, the Remuneration Report and our corporate website.

SUSTAINABILITY REPORT 2020 – BOSKALIS

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