Our evolving business Damage insurance is being shaped by climate change, and our organization is evolving along with it. This is reflected in: • The adaptation of our pricing and claims models; • The evolution of our product design and underwriting processes; • Greater transparency in our climate communications; • Training for our teams on climate change; • The quantification and assessment of our carbon footprint; • The development of a decarbonization plan. In addition, our Sound Commercial Practices Policy includes a section on climate change stating that climate risks are considered a priority issue under our CSR strategy. We take these implications into account in managing our insurance operations and supporting our members. * The Task Force on Climate-Related Financial Disclosures (TCFD) was established to recommend the information companies should disclose regarding climate-related risks. Mitigation and adaptation efforts We continue to measure our carbon footprint and develop our transition plan. As part of this process, we draw on recognized practices, including those of the Task Force on Climate-related Financial Disclosures framework*. The AMF also addresses climate change through its Climate Risk Management Guideline, and we comply with its requirements. This allows us to strengthen our governance, strategy and risk management, and to define our metrics and targets more clearly. When it comes to adapting to climate change, our work is guided by the AMF Guideline, with initiatives that will continue into 2026. Oversight is provided by a working group that addresses climate issues in order to foster a cross-functional approach and ensure consistency in our practices. Our climate risk strategy Given the growing frequency and intensity of severe weather events, our climate strategy and transition plan are of critical importance and contribute directly to our ambition to become an engaged, responsible national leader. 2025 – CSR SUMMARY 82
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