MANAGEMENT APPROACH

A MANAGEMENT MODEL INCREASINGLY MATURE BASED ON SUSTAINABLE DEVELOPMENT PRINCIPLES

In the 2024/2025 period we consolidated our commitment to responsible and sustainable service management, integrating accumulated learning to promote new strategic actions within the framework of the Strategic Sustainability Plan.

This plan is put together in accordance with ESG (Environmental, Social and Governance) criteria, with the aim of strengthening our capacity to adapt to a dynamic and uncertain environment. To monitor its implementation, a scorecard was designed with key sustainability indicators that make it possible to evaluate performance, track results and prioritize actions aimed at meeting the established objectives.

COMMITMENT TO OUR STAKEHOLDERS

As part of the annual sustainability management review and continuous improvement process, a new relevance survey was conducted in June 2025, using the MLO Portal to reach stakeholders. In a relevant methodological advance, a subgroup analysis was incorporated for the first time that made it possible to obtain a more detailed and segmented view of each group’s perceptions and priorities.

The methodology applied was based on the systematic evaluation of two key management variables: the level of interest (the organisation’s degree of relevance for each stakeholder group) and the level of impact (extent to which our activities generate effects on those groups). The results obtained have provided us with a solid information base to identify significant changes, new expectations and possible adjustments with respect to 2024.

These results have been integrated into the Management System, which has made it possible to update the digitised stakeholder relations map on the MLO Portal, review and strengthen communication channels, and adjust action planning to meet stakeholder needs and expectations. This process contributes to strengthening evidence-based decision-making and consolidating sustainability management aligned with the principles of dialogue, transparency and continuous improvement.

REVIEW OF MATERIAL ISSUES

The organisation carries out a systematic review of its relevant issues through context analysis and the monitoring of goals aligned with stakeholder expectations, under a continuous improvement approach. This review was analysed in depth in the CEOC Committee meeting held on 24 November 2025, where no significant changes in the Metro Ligero Oeste context were identified.

The context matrix and its updates are published on the MLO Portal, available to the entire workforce, and are maintained as dynamic information subject to permanent revision.

This process also incorporates the risk analysis of our value chain and studies by the leading sector analysts.

The analysis results did not indicate any need to modify or refocus material issues.

REVIEW PROCESS STRATEGIC SUSTAINABILITY PLAN

ESG criteria go beyond the traditional approach to sustainability and are integrated as a strategic axis to generate long-term value, strengthen investor confidence, reinforce corporate reputation and minimize the activity’s impacts.

In this context, Metro Ligero Oeste adopts a proactive approach in defining pillars, lines of action and ESG commitments, which are brought together in a Strategic Sustainability Plan that acts as a reference framework and systematization tool. This plan guides and coordinates the actions needed to advance consistently toward the objectives set and is structured in four pillars of action:

PILLARS

With this structure, we have organised the report in such a way that each pillar is examined in a specific chapter, grouping them according to the three ESG sustainability areas. The full list of relevant topics is now available in the report index for ease of reference.

The responsibility for implementation and for attaining the objectives outlined in this plan lies with our General Management and our Management Committee, responsible for driving and supervising the actions by means of the teams in their respective areas.

Likewise, we provide the information and resources necessary to ensure that our teams are properly trained and aligned with the ethical and sustainability principles established in this plan.

The methodology applied is explained below, in addition to a brief explanation of each of its elements:

Environmental, social and corporate governance factors that are taken into account when managing a company

The “E” for “Environmental” encompasses the effect that companies’ activity has on the environment, directly or indirectly, and the rational use of natural resources (e.g. carbon footprint, water use, waste management, etc.)

The “S” for “Social” includes the impact on their social environment, community, customers or employees (e.g. diversity and equal opportunities, working conditions, safety and health, data protection, etc.)

The “G” for “Governance” refers to a company’s corporate governance (e.g. transparency policies in its public information or its codes of conduct and anti-corruption programs, etc.)

STRATEGIC
OBJECTIVES (2024/2025)

The details of the specific practices, policies and initiatives envisaged to achieve each of the objectives established are set out in the different report sections that explain the above pillars in greater detail.