238 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 Mandatory discosures pursuant to ESRS BMW Group Report 2024 SBM-1.42c) – Main features of the upstream and downstream value chain and the undertakings position in the value chain ↗ Business model and value chain ↗ Measures for the responsible use of resources » Organisation and Business Model » The BMW Group Strategy » Production Network » Purchasing and Supplier Network SBM-2 – Interests and views of stakeholders ↗ Stakeholder Engagement SBM-3.48a – Descriptions of material impacts, risks and opportunities ↗ Description of material impacts, risks and opportunities and their link to strategy and business model ↗ List of material Impacts, Risks and Opportunities SBM-3.48b - Effects of material impacts, risks and opportunities on business model, value chain, strategy and decision-making ↗ Description of material impacts, risks and opportunities and their link to strategy and business model » Environmental Analysis » Position – What does the BMW Group stand for? » Direction – What drives the BMW Group? » Strategic approach – Where is the BMW Group heading? » Collaboration – How does the BMW Group achieve this? SBM-3.48c -Impacts - Effects on people, environment, time horizons and their connection to strategy, business model and business relationships ↗ Description of material impacts, risks and opportunities and their link to strategy and business model ↗ List of material Impacts, Risks and Opportunities » Position - What does the BMW Group stand for? » Strategic approach – Where is the BMW Group heading? » Collaboration – How does the BMW Group achieve this? SBM-3.48d – Current financial effects of material risks and opportunities ↗ Current financial effects of material risks and opportunities » Earnings Performance of the BMW Group SBM-3.48f – Resilience of strategy and business model » Environmental Analysis » Expanding resilient supply chains » Risk management in purchasing » Purchasing battery cells » Digitalisation in the supply chain SBM-3.48g – Changes to material impacts, risks and opportunities compared to the previous reporting period ↗ Description of material impacts, risks and opportunities and their link to strategy and business model SBM-3.48h – Impacts, risks and opportunities that are covered by entity-specific disclosures ↗ List of material Impacts, Risks and Opportunities IRO-1 - Description of the processes to identify and assess material impacts, risks and opportunities ↗ Procedure and methodological basis for the materiality assessment ↗ Comparison with previous period and next review of results IRO-2 – Disclosure requirements in ESRS covered by the undertaking’s sustainability statement ↗ Procedure and methodological basis for the materiality assessment ↗ List of Datapoints that derive from other EU Legislation ↗ ESRS-Index ESRS E1 – Climate change Disclosure requirement related to ESRS 2 GOV-3 Integration of sustainability-related performance in incentive schemes ↗ Remuneration of the Board of Management and Supervisory Board E1-1 – Transition plan for climate change mitigation ↗ Transition plan to achieve Net Zero emissions by 2050