1、Climate Action 100+Net Zero Company Benchmark2025 ResultsClimate Action 100+does not require or seek collective decision-making or action with respect to acquiring,holding,disposing and/or voting of securities.Signatories are independent fiduciaries responsible for their own investment and voting de

2、cisions and must always act completely independently to set their own strategies,policies and practices based on their own best interests.The use of particular engagement tools and tactics,including the scope of participation in Climate Action 100+engagements,is at the discretion of individual signa

3、tories.Climate Action 100+facilitates the exchange of public information,but signatories must avoid the exchange(including one-way disclosure)of nonpublic,competitively sensitive information,including with other signatories,participants in engagements,Climate Action 100+itself,and its investor netwo

4、rks.Even the exchange of information in the context of collaboration can give the appearance of a potentially unlawful agreement;it is important to avoid exchanging information which might result in,or appear to result in,a breach of corporate or competition law.Signatories may not claim to represen

5、t other signatories or make statements referencing other signatories without their express consent.Any decision by signatories to take action with respect to acquiring,holding,disposing and/or voting of securities shall be at their sole discretion and made in their individual capacities and not on b

6、ehalf of Climate Action 100+,its investor networks or their other signatories or members.Signatories must avoid coordination of strategic behaviour between competitors that impacts or is likely to impact competition.Climate Action 100+and its investor networks do not act or speak on behalf of each o