SASB Code GRI Code Description Response, link or additional information Management Approach 103-1 Explanation of the material topic and its Boundary We explain each material issue in the “Our most material issues” section of the 2021 SR. These are: Carbon and climate change Water resources for the future Skills and Employment Enhancing nature Supporting vulnerable customers 103-2 The management approach and its components Refer to the following sections of the 2021 SR: “Mitigating climate change”, “Ensuring a sustainable water cycle”, “Future- proofing our skills and knowledge”, “Enhancing our natural environment”, “Standing by our vulnerable customers” and “Making decisions for the long-term” 103-3 Evaluation of the management approach Refer to the following sections of the 2021 SR: “Mitigating climate change”, “Ensuring a sustainable water cycle”, “Future- proofing our skills and knowledge”, “Enhancing our natural environment”, “Standing by our vulnerable customers”, “Making decisions for the long-term” and “Full data set” Economic Performance 201-1 Direct economic value generated and distributed a. Refer to the “Chief Financial Officer’s review” section of the 2021 ARA pages 31 to 37. Also, £3.5 million annual donation to the Severn Trent Trust Fund – an independent charity that administers grants to support those in financial difficulty. In its first year our core Community Fund awarded over £1.5 million to 93 community projects, benefiting over 580,000 people, improving more than 680,000 square metres of our region’s environment, and creating or enhancing over 90 community spaces. With the pandemic having a particular impact on the most vulnerable, we donated an additional £1 million to help our communities deal with the impact of Covid-19. In total, this extra fund supported 339 local groups, including food banks, mental-health charities, and those supporting the elderly. 201-2 Financial implications and other risks and opportunities due to climate change a. Refer to sections “Our approach to risk” pages 38 to 39 and “Our TCFD Disclosures” pages 54 to 67 of the 2021 ARA 201-3 Defined benefit plan obligations and other retirement plans b. A separate fund exists to pay the pension plans liabilities and is managed by a trust structure which is separate to the Company. The scheme’s funding level is 82%. This has been calculated by the Scheme Actuary and agreed with the Company and its advisors. The latest triennial valuation as at 31 March 2019 c. A scheme recovery plan has been agreed between the trustees and the Company. This plan is expected to achieve full funding by 31 March 2032 through a combination of additional cash contributions and investment performance. Additional cash contributions are expected to cease by 31 March 2027. d. Contributions to the current defined contribution plan are based on a 2:1 structure i.e. the Company pays twice the employee e.g. employee pays 3%, Company pays 6%. Employer contributions are capped at 15% (where the employee pays 7.5%). e. 99% of employee’s participate in retirement plans. This is due to auto-enrolment legislation. The 1% of employees not in the scheme have opted-out of participation due to a variety of reasons including some employees having reached the maximum allowed under current tax legislation. SASB/GRI content index