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\n\tThe double materiality assessment applies to the entire A1 Group, including all subsidiaries. As each subsidiary of the A1 Group pursues the same business model, the impacts, risks, and opportunities that have been identified apply to all companies.
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The qualitative and quantitative scale values used for the assessment are based on the scales of operational Tech Risk Management and those of Enterprise Risk Management. This is intended to ensure in the long term that sustainability-related risks and opportunities are in line with other corporate risks and opportunities.
The A1 Group has defined following process steps for carrying out the double materiality assessment of impacts and financial materiality:
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1. Identification of relevant topics<\/strong>
\u2022<\/strong> The A1 Group analyzed key topics of other ICT and telecommunications companies as well as international standards such as the GRI (Global Reporting Initiative) and SASB (Sustainability Accounting Standards Board). All topics and sub-topics from the ESRS standards as well as industry and entity-specific topics resulting from the preliminary analysis were included
\u2022<\/strong> A longlist of 99 topics was compiled
2<\/strong>. Expert-Led Assessment Workshops:<\/strong>
\u2022<\/strong> Experts from various fields were invited to assessment workshops in order to incorporate a spectrum of perspectives and broad specialist knowledge. This inter\u00addisciplinary collaboration made it possible to take the different points of view into account.
\u2022<\/strong> The experts from various fields evaluated each topic\u2019s impacts, risks, and opportunities along the value chain.
3<\/strong>. Communication and release of results<\/strong>
\u2022<\/strong> After the assessment workshops were completed, the results were discussed with the Investor Relations and Corporate Communication departments.
\u2022<\/strong> The results of the double materiality assessment were then presented to the Management Board at the beginning of 2024 and approved following a subsequent discussion.
\u2022<\/strong> The results were presented to the Supervisory Board in March 2024.
4<\/strong>. Review of the results<\/strong>
\u2022<\/strong> For the topics identified as material from the double materiality assessment, the assessment of the topics was reviewed in the second quarter of 2024.
\u2022<\/strong> Topics from the stakeholder roundtable held in April were included, as were new trends and surveys (e.g. the Great Place to Work employee survey).
\u2022<\/strong> The review of risks and opportunities was com\u00adbined with the half-yearly risk review by Enterprise Risk Management.\u00a0<\/p>\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\n\n