Cerved S p A : ESG targets to 2023

Quantitative ESG targets at 2023

The Group's sustainability strategy is presented and shared with the Board at least once a year: in 2020, seven meetings were held with the Risk Control and Sustainability Committee, four with the Strategic Sustainability Committee and five presentations were given to the Board of Directors.

In order to implement the Sustainability Policy, quantitative ESG targets were defined in a shared manner with all functions in 2020, which will give greater consistency to the Group's commitment in the short and medium term.

The targets will be added to complement the financial objectives of the Business Plan that will be presented on the next Investor Day, as well as a form of short-term incentive for the CEO and top man- agement.Deriving from the 2019-2021Sustainability Plan, the targets were created with the contribution of the Group's functions and with the guidance of all management. This shared path resulted in their approval by the Risk Control and Sustainability Committee and the Board in December 2020.

The targets cover the main ESG areas, and therefore refer to environmental, social and governance as- pects. They were then integrated with ad hoc targets referring to both business aspects and to an evolution of the strategic approach aimed at measuring and monitoring the impacts generated by the Group's activities.

SDGs	Commitment	Target
area
	Impact	Carry out the Cerved Group
	Assessment	impact assessment
		Renew the car fleet through
	Emission	purchases with reduced
	reduction	environmental impact
		(CO2 Scope 1)
		Increase the percentage of
	Use of renewable direct purchases of electricity
	sources	from renewable sources in
		Italy (CO2 Scope 2)
	Diversity	Increase the number of women
	in managerial positions

Education and	Increase the average number
training	of training hours per employee
Health and	Obtain ISO 45001 health and
safety	safety certification*
Ethics and	Obtain ISO 37001 anti-
integrity	corruption certification
Sustainable	Increase the percentage of
suppliers evaluated according
supply chain
to ESG criteria
Customer	Maintain high customer
satisfaction	satisfaction**

Baseline 2020	Target 2021	Target 2023
-	Completed	Implementation
-	<140 gCO2/km	<130 gCO2/km
97.8%	>95%	100%
Managers:	At least 50% new	Managers:
40.1%	female managers	~41-43%
Executives:	and 30% new	Executives:
13.6%	female executives	~15-18%
16.5 hours	18 hours	24 hours
	Certification	Extension of
-	process	certification
management for	to other Legal
	Cerved Group SpA	Entities
	Certification for
-	Cerved Group	KPIs Monitoring
	S.p.A.
-	100% suppliers	100% suppliers
> 500k euro	> 100k euro
91.3%	91.3%	91.3%

* In 2022, obtain ISO 45001 certification for Cerved Group S.p.A.

** Considering a 5% margin of error referring to the Customer Satisfaction Analysis methodology.