Materiality

(102-46) At Greenland we are aware of the changes in the environment, the dynamics of the sector, and the expectations of our stakeholders. This is why we try to adapt and regularly update our risk and impact management so we can face these challenges in the most responsible and transparent manner vis-à-vis all those with whom we interact.

In 2020 we reviewed our materiality analysis to identify the way to align our strategic objectives with the needs and expectations of our stakeholders and to ensure that our business will endure over time.

The process included the following stages:

1. Identify the issues:

we started by analyzing the various sources of information identifying topics of the world agenda, sector practices and initiatives, and reviewing current corporate definitions and the components of corporate strategy. This process was carried out in various levels in the organization.

2. Identifying stakeholders to be consulted:

we identified a group of key actors to be consulted and defined a specific methodology to carry out the dialogue.

3. Consultation:

we surveyed our stakeholders in order to identify and prioritize together the most important topics on which the company should focus during the next few years. We talked to shareholders, suppliers, clients, employees, and communities. These issues are covered throughout this report. (102-44).

4. Prioritization:

based on the input obtained from this process, we clarified and prioritized each material issue.

Issues

(102-47)