Basis for preparation

BP-1 General basis for preparation of the consolidated non-financial report

As per the European Union (EU) Directive 2014/95/EU on the disclosure of non-financial and diversity information (NFR Directive) and its implementation in accordance with the Austrian Sustainability and Diversity Improvement Act 2017 (Nachhaltigkeits- und Diversitätsverbesserungsgesetz; NaDiVeG), Energie AG Group has published the necessary information in a report on non-financial information since the 2017/18 fiscal year. Directive 2022/2464/EU (Corporate Sustainability Reporting Directive - CSRD) replaced the NFR Directive. The Energie AG Group is not required to report under the CSRD in the 2024/25 fiscal year. The Energie AG Group publishes the consolidated non-financial report 2024/25, which is hereinafter referred to as sustainability statement, on a voluntary basis.

‘Energie AG’ hereinafter refers to the entire Energie AG Group and thus to Energie AG Oberösterreich as its parent company and its fully consolidated subsidiaries.

In this sustainability statement for the 2024/25 fiscal year, Energie AG voluntarily observes the structure and selected disclosure requirements of the ‘European Sustainability Reporting Standards’ (ESRS) in relation to ‘Environment, Social, and Governance’ (ESG). Selected indicators from the ‘Electric Utilities’ Sector Supplement of the ‘Global Reporting Initiative’ (GRI) G4 Sector Disclosures are also included. This sustainability statement does not claim to be fully GRI or ESRS compliant.

The sustainability statement is published on an annual basis together with the Group annual report. The report for the 2024/25 fiscal year was published on 18 December 2025. The previous Group annual report for the fiscal year 2023/24 was published on 18 December 2024.

Energie AG is addressing all of its stakeholders with the following report. The sustainability statement has been translated from German. In cases of doubt, the German-language version shall take precedence.

The report for the 2024/25 fiscal year was voluntarily submitted for independent auditing by Deloitte Audit Wirtschaftsprüfungs GmbH. The sustainability statement for 2024/25 was audited in accordance with the Austrian Sustainability and Diversity Improvement Act (Nachhaltigkeits- und Diversitätsverbesserungsgesetz). On 17 December 2025, the Supervisory Board will report to the General Meeting following the end of 2024/25 fiscal year.

Please address any questions on this statement to Karin Strobl M.A., Group spokesperson and Head of Corporate Communications, (karin.strobl@energieag.at, +43 5 9000-3775).

This statement is the consolidated non-financial statement of Energie AG Oberösterreich in accordance with § 267a of the Austrian Commercial Code (UGB). The reporting period coincides with the fiscal year from 1 October 2024 to 30 September 2025.

The entities included in the reporting correspond to the scope of consolidation of financial reporting. For details on the financial scope of consolidation, see Notes to the Consolidated Financial Statements, Scope of consolidation. In accordance with the legal requirements of the ESRS, all subsidiaries fully consolidated according to the ‘International Financial Reporting Standards’ (IFRS) and the Austrian Commercial Code (Unternehmensgesetzbuch; UGB) were included in the consolidated sustainability statement.

Companies in which Energie AG holds shares but which are not fully consolidated in the Consolidated Financial Statements are included in the disclosure requirements in this statement in accordance with the ESRS requirements. This concerns, for example, companies under the operational control of Energie AG. These are included in the respective disclosure requirements (greenhouse gas emissions according to ESRS E1-6, energy consumption and, analogously, energy production volumes according to ESRS E1-5, and biodiversity disclosures according to ESRS E4) in accordance with ESRS requirements. Similarly, companies that are included in the financial consolidation as joint operations are taken into account on a pro rata basis in the sustainability statement under disclosure requirements E1-5 and E1-6. Companies that are part of the value chain of Energie AG due to an existing business relationship, as well as companies consolidated at equity that are not subject to operational control and are not part of the value chain, will be taken into account, in accordance with the legal requirements, inter alia, in carrying out the materiality assessment and in the greenhouse gas balance (Scope 3).

The material impacts, risks and opportunities along the value chain are disclosed with the reported information in section SBM-3 - Material impacts, risks and opportunities and their interaction with the strategy and business model, and section SBM-1 - Strategy, business model and value chain. At the time of reporting, strategies, actions, metrics and targets are only available for the value chain to a limited extent.

In this sustainability statement, no use was made of the option to exempt certain information relating to intellectual property, know-how or the results of innovation from being disclosed.

The use of automated calculation systems may give rise to rounding differences when adding up rounded figures and percentages.

BP-2 – Disclosures in relation to specific circumstances

Time horizons

The reporting time frames shall be based on the ESRS guidelines: the reporting period corresponds to the ‘short term’ timeframe, i.e. one year; the ‘medium term’ covers one to five years; and the ‘long term’ covers more than five years.

As part of the ‘LOOP’ strategy and organisation project, in the 2022/23 fiscal year, the Group's previous renewables expansion targets for the period up to 2030 were closely evaluated and a further ambition for the period up to 2035 was developed. The strategies outlined in the sustainability statement therefore essentially cover the period up to 2035. Any discrepancies are noted separately. Details of the Energie AG Group's sustainability strategy can be found in section SBM-1 – Strategy, business model and value chain.

Value chain estimates

Qualitative and quantitative information on the value chain is gradually being expanded and supplemented. Where metrics contain estimated information on the value chain, this is noted separately for the relevant topic-specific quantitative disclosures.

Sources of estimation and outcome uncertainty

To ensure the accuracy of sustainability reporting, real data was used where possible. Where no real data was available, well-founded estimates were used, see E1-5 - Energy consumption and mix, E1-6 - Gross Scope 1, 2 and 3 greenhouse gas emissions and total greenhouse gas emissions, and S1-13 Metrics for training and skills development.

Changes in preparation or presentation of sustainability information

Energie AG reorganised the sustainability reporting in the previous year, voluntarily structured the non-financial report 2023/24 to align with the ESRS and further developed it in the 2024/25 fiscal year.

On the basis of new evidence gained since the reporting for the 2023/24 fiscal year, an adjustment of the ESG reporting scope and certain objectives in section E1-4 - Targets on climate change mitigation and climate change adaptation, was carried out in the 2024/25 fiscal year. Last year, when the ESRS scope of consolidation was reorganised, a company that was not included in the financial consolidation due to its immateriality and over which no operational control was exercised was included in Scope 3 of the Greenhouse gas emissions. According to current legal interpretation, Energie AG Oberösterreich Umwelt Service GmbH exercises financial control over one of this entity's facilities. The new information shows that the direct emissions of this facility are now classified as Scope 1. The values for the previous year have been revised in this report. The explanations for further changes to the previous year's metrics are given in sections E1-5 - Energy consumption and energy mix, and E1-6 - Gross Scope 1, 2 and 3 greenhouse gas emissions and total greenhouse gas emissions.

The metrics in this statement for the 2024/25 fiscal year are disclosed in accordance with the ESRS to the greatest extent possible. Any discrepancies are noted separately. Scope-3 and biogenic scope-2 emissions according to ESRS are reported for the first time in the 2024/25 fiscal year. Where available, written information is provided in line with ESRS requirements. Disclosures about topics of lesser relevance have not been provided.

In the 2024/25 fiscal year, contrary to the previous year, the three members of the Management Board of Energie AG Oberösterreich (parent company) were not included in the S1 metrics for the company's workforce.

For the metrics ‘employees by contract type and sex’ and ‘employees by contract type and country’ under S1-6, the previous year's comparative figures have been adjusted in this sustainability statement to ensure a consistent presentation. The reason for this is a change in the analysis procedure used, which has led to a change in the collection and valuing of relevant data.

In line with the predominant approach at the time, the metric S1-7, ‘Non-employees in own workforce,’ still reported 76 persons or 12 full-time equivalents (FTEs) as of 30 September 2024, which were already included in metric S1-6. To ensure consistent and transparent reporting, the previous year's figures have been restated accordingly in this report.

Since February 2025, the existing Waste Management Segment has operated under the name Environment Segment. This re-branding underscores the segment's overall positioning in a circular economy. The term ‘environment’ encompasses the full range of services, from collection and treatment through to recycling and recovery. At the centre of these activities is Energie AG Oberösterreich Umwelt Service GmbH (Umwelt Service GmbH). The scope of the Environment Segment corresponds to that of the former Waste Management Segment.

Reporting errors in prior periods

Corrections are mentioned in the relevant sections.

Disclosures stemming from other legislation or generally accepted sustainability reporting standards and frameworks

Since fiscal year 2021/22, Energie AG Group has been required to disclose information on environmentally sustainable turnover, capital expenditure (CapEx), and operating expenditure (OpEx) in accordance with the EU Taxonomy Regulation (2020/852). These disclosure requirements are described in section EU Taxonomy. This statement presents the respective shares of Taxonomy-eligible and Taxonomy-aligned economic activities in relation to turnover, CapEx and OpEx.

In addition, selected GRI indicators from the G4 Sector Supplements, ‘Electric Utilities’ Sector Disclosures, and the relevant Sustainable Development Goals (SDGs) will be reported.

Inclusion of information by reference

Energie AG also provides information on corporate responsibility on the Group website.