Minor maintains a sustainability governance structure that ensures top-down accountability. Our governance bodies oversee the Sustainability Strategy, ensuring it is aligned with our targets and global best practices in the hospitality and restaurant sectors.

The Board of Directors: Holds ultimate accountability for Minor’s sustainability strategy. The Board is responsible for the final review and sign-off of the Sustainability Statement and other material disclosures[CK1.1][CT1.2]. The Board endorses long-term goals and the rolling three-year strategy, reviewing progress on a quarterly basis to ensure alignment with our objectives.

Sustainability and Risk Management Oversight Committee (SRMOC): Established to assist the Board in providing focused oversight of strategic activities for sustainability and the management of key risks, including strategic, operational, financial, and sustainability-related risks such as climate, biodiversity, and human rights risks. This includes identifying business opportunities arising from such risks. The Committee meets every quarter and is comprised of a minimum of three directors. At present, it consists of four directors, 50% of whom are independent.

Sustainability Committee: Chaired by the Chief Sustainability Officer (CSO), this committee comprises C-Suite officers and senior management from all business groups. It is responsible for operationalizing the sustainability strategy, setting targets, formulating policies, and ensuring the accuracy of information disclosures. The Committee meets quarterly to discuss implementation plans and review progress toward sustainability goals.

Risk, Control & Compliance Committee (RCC): Meets at least quarterly to review overall risk management. It oversees the implementation of risk management frameworks to ensure that sustainability-related risks and opportunities are systematically identified and managed.

Business Unit Leadership (CEOs and CFOs): Serve as risk owners within each business group, responsible for day-to-day risk management and identifying their own risk appetite in alignment with the broader risk strategy.

Corporate Sustainability Department: Overseen by the CSO, this department is responsible for developing, updating, and ensuring the execution of the sustainability strategy. It collaborates closely with all business groups to embed practices and communicates progress to both internal and external stakeholders.

Risk, Control & Compliance Department: Acts as a specialized functional body responsible for the day-to-day identification and assessment of risks across the Group. It is responsible for proposing risk policy, building a risk awareness culture, and preparing risk reports for both the SRMOC and the RCC.

Minor ensures our highest governance bodies are equipped to effectively oversee the management of impacts, risks, and opportunities. The Board of Directors and the Sustainability and Risk Management Oversight Committee (SRMOC) are kept informed of sustainability matters through a structured reporting cycle. On a quarterly basis, the Board reviews the sustainability strategy and receives progress updates on the company's sustainability targets, enabling it to remain actively engaged in monitoring commitments and respond in a timely manner to emerging trends or performance gaps.