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RISK AND CRISIS MANAGEMENTMANAGEMENT APPROACHIMPORTANCEManaging risks and capitalising on opportunities is a fundamental part of any strategy to add long-term value for stakeholders. The Company has identified Risk and Crisis Management as a material topic to ensure the sustainability of its business, and follows a methodical approach to address this matter, alongside a drive to constantly identify and evaluate new opportunities.Valeura has established its Enterprise Risk Management (ERM) system to regularly review and update organisational risks. The system guides the Company toward identifying and understanding challenges and opportunities, including those related to emerging sustainability trends and the energy transition. The overarching goal of the ERM process is to assure an ongoing competitive advantage within its industry and the wider global economy. OVERSIGHT OF ENTERPRISE RISK MANAGEMENTValeura%u2019s Board of Directors reviews key risks on a quarterly basis and maintains oversight of the ERM process. The Executive Committee is responsible for regularly reviewing the overall risk profile, assessing response measures, and reporting to the Board of Directors, while the Chief Operating Officer (COO) and the Chief Financial Officer (CFO) are responsible for the overall ERM process. In addition, the Company has appointed an ERM Coordinator to facilitate the ERM process, manage and monitor the overall enterprise risk profile and response measures, and to ensure that the ERM process aligns with international standards. Specific ERM-related roles have been assigned across the organisation; including Risk Champions who are responsible for managing risks in their respective business units, Risk Owners who are responsible for day-to-day management of assigned risks, and Action Owners who are responsible for execution of the assigned response measures.098 2024 SUSTAINABILITY REPORT%uf098 Sustainability at Valeura %uf098 Environment %uf098 Social %uf098 Governance %uf098 Appendix