Our stakeholder needs and expectations

OUR STAKEHOLDER NEEDS AND EXPECTATIONS

CREATING SHARED VALUE FOR SUSTAINABLE OUTCOMES

IN THE SHORT-, MEDIUM- AND LONG-TERM

The Company creates value for its stakeholders through innovative and sustainable business models, concise strategy, a diverse product portfolio and through our subsidiaries, associates and strategic investments – all complemented by our experienced and empowered leadership team that focuses on our communities and stakeholder wealth creation.

Our Board is aware of its growing role in innovation governance and the strategic importance of innovation to create sustainable value.

BUILDING VALUE AND RELATIONSHIPS WITH OUR STAKEHOLDERS

At AEEI our ability to deliver depends on the contribution and activities of a diverse group of stakeholders.

Our stakeholders are integral to our ability to protect, create and grow value, a process that is advanced through relationships with others and balances the needs, interests and expectations of material stakeholders in the best interests of the Company over time. We believe that the strength of our relationships with our key stakeholders is critical to achieving our strategic objectives and creating mutual value for the Company and our stakeholders. As such, our stakeholder management approach involves gaining a thorough understanding of key stakeholders and assessing the matters that are material to them, including risks and opportunities. Our approach manages stakeholders’ expectations and how much material matters impact them and the Group.

Building and maintaining trust and respect with our various stakeholders has a positive impact on our reputation and is essential in addressing risks and opportunities. We strive to respond timeously and appropriately to issues raised during our interactions.

BELOW IS AN OVERVIEW OF STAKEHOLDER CONCERNS, HOW WE ADDRESSED THESE CONCERNS, HOW WE ENGAGED WITH THEM AND HOW WE DELIVERED VALUE TO THEM:

MATERIALITY, RISKS AND OPPORTUNITIES

OUR MATERIAL MATTERS

Our material matters are those challenges and opportunities that could substantively affect the Group’s ability to create sustainable value over the short-, medium- and long-term for our stakeholders. We identified our material matters in terms of relevance from the risk assessment process. This process includes uncertain events which have a potentially negative effect on the Group, i.e. opportunities not materialising. It also takes into account the legitimate and reasonable needs, interests and expectations of all material stakeholders in the execution of the Board’s governance role and responsibilities and in the best interests of the Group.

We focused our reporting on our sustainable business development directly affecting the Group’s ability to create value as well as the Group’s impacts and responses to the expectations of its stakeholders.

In defining our material themes, we focused on the following internal and external factors: