111 BMW Group Report 2024 To Our Stakeholders Combined Management Report Group Financial Statements Responsibility Statement and Auditor’s Report Remuneration Report Other Information Sustainability Statement December 2024 marked the first time that Supervisory Board members were asked about their specific sustainability expertise in the sustainability matters of relevance to the Company within the meaning of the ESRS. The results of the survey and the ex- perience of Supervisory Board members in relation to the sec- tors, products and geographical locations that are material for the BMW Group are shown in the matrix below. The sustainabil- ity-related expertise of the Supervisory Board, including access to such expertise, covers all of the sustainability topics for which material impacts, risks and opportunities were identified in the ↗ Materiality Assessment. Responsibility for completing the questionnaires in accordance with the GCGC and ESRS lies with each individual member of the Supervisory Board. The Legal Affairs, Patents, Group Compli- ance Management department of BMW AG verifies the plausibil- ity of the information provided by respondents. The experience and expertise of the Supervisory Board members regarding key aspects of corporate policy and their expertise re- lated to the sustainability matters of relevance to the Company are primarily derived from their professional training or academic education, their main professional roles, and management or su- pervisory mandates at other companies. They are also able to access expertise of this nature through training sessions, expert consultations, and specialized articles. BMW AG provides training events for the members of the Super- visory Board on a regular basis. This training regularly covers sustainability matters. In 2023, training topics included an in- depth exploration of electromobility and hydrogen technology, an update on non-financial reporting and the EU Taxonomy, and a detailed discussion of processes for implementing carbon reduc- tion targets in the supply chain. In 2024, the circular economy was a focus topic. During a tour of the Tiexi plant on a trip to China in June 2024, Supervisory Board members received an overview of the production footprint. The circular economy was also highlighted in a presentation by an external speaker at Tsinghua University in Beijing. A guided tour of the BMW Group’s Cell Manufacturing Competence Centre in Parsdorf near Munich gave the members a deeper insight into battery production and technology. Following the election of a new Supervisory Board member, the BMW Legal Affairs, Patents, Group Compliance Management department informs the new member of the prin- cipal legal issues affecting their duties as well as corporate gov- ernance aspects. Moreover, the organisation submits various onboarding plans to introduce new members to topics that are important for the work of the Supervisory Board. The introduction to the corporate strategy provided to members of the Supervi- sory Board covers the strategic approach to material sustainabil- ity topics. Supervisory board – Duties and committees The Supervisory Board monitors the activities of the Board of Management and advises the Board of Management on im- portant matters relating to the management and the strategic development of the Group. Sustainability issues and their asso- ciated material impacts, risks and opportunities are of key im- portance to the Supervisory Board. — At each of its meetings, the Board of Management pre- sents the material impacts, risks and opportunities re- lated to the latest business developments in its report on the current business situation. — The Supervisory Board monitors significant selected material impacts, risks and opportunities of the Board of Management’s plans as part of its handling of the cor- porate strategy, long-term corporate planning, taking into account sustainability matters, in particular environ- mental and social aspects and objectives, and the Experience (Access to) expertise In relevant markets In relevant areas of competence Sustainability Europe Individual mobility Climate change US Corporate strategy Pollution China Technologies Water and marine resources Other Production Biodiversity and ecosystems Sales Circular economy and resource use Finance Own workforce Personnel management Workers in the value chain Digitalisation Consumers and end-users Supply chain Business conduct Skills matrix Supervisory Board