303

2021 INTEGRATED MANAGEMENT REPORT

Content of the statement of non-financial information

Reporting standard (GRI)

Chapter of the report Section Additional comment

Main factors and trends that may affect its future development

102-15

1. ACCELERATING OUR TRANSFORMATION

1.1. A NEW ORGANISATION TO LEAD THE ENERGY TRANSITION

2. A FUTURE-PROOF COMPANY

2.9. GOVERNANCE TO LEAD THE TRANSITION. 2.9.3. Risk management

3. WE ADVANCE IN SUSTAINABLE PERFORMANCE

3.1. CLIMATE CHANGE MANAGEMENT. 3.1.3 Climate change risks and opportunities

ANNEXES 2 THE COMPANY S MAIN RISK

THE COMPANY S MAIN RISK

Policies 103

The main policies approved by Cepsa are set out in detail in the management approaches of each section throughout the report.

Policy results, KPIs 103

The results of applying the policies using specific indicators (KPIs) are included throughout the report in the successive chapters on non-financial matters.

Risks in the short, medium and long terms

102-15

1. ACCELERATING OUR TRANSFORMATION

1.1. A NEW ORGANISATION TO LEAD THE ENERGY TRANSITION

2. A FUTURE-PROOF COMPANY

2.9. GOVERNANCE TO LEAD THE TRANSITION. 2.9.3. Risk management

3. WE ADVANCE IN SUSTAINABLE PERFORMANCE

3.1. CLIMATE CHANGE MANAGEMENT. 3.1.3 Climate change risks and opportunities

ANNEXES 2 THE COMPANY S MAIN RISK

THE COMPANY S MAIN RISK

413-2 3. WE ADVANCE IN SUSTAINABLE PERFORMANCE

3.3. HUMAN RIGHTS

407-1 - - None reported.

408-1 3. WE ADVANCE IN SUSTAINABLE PERFORMANCE

3.3. HUMAN RIGHTS

There is no indication that Cepsa has any centers with actual or potential cases of child labor or young workers exposed to dangerous work.

409-1 - - See the response to indicator 408-1.

KPIs

The significant indicators (KPIs) for non-financial information are distributed throughout the report as provided in this crosswalk table