Statement of use

Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO) has reported in accordance with the GRI Standards for the reporting period 1 January to 31 December 2023

GRI 1 used

GRI 1: Foundation 2021

GRI 2: General Disclosures 2021

Disclosure number

Disclosure name

Reference

1. The organization and its reporting practices

2-1

Organizational details

About this report, How we report - legal entity, At a glance

2-2

Entities included in the organization’s sustainability reporting

How we report - Legal entity

2-3

Reporting period, frequency and contact point

How we report - reporting policy, About this report , Colophon

2-4

Restatements of information

How we report ( if and where applicable for 2023)

2-5

External assurance

How we report - External assurance; Reporting governance, Independent auditor's and assurance reports

2. Activities and workers

2-6

Activities, value chain and other business relationships

Our value creation model

2-7

Employees

Performance against our strategy - Employee developments, employee engagement; Diversity and inclusion, How we report - Employee statistics

2-8

Workers who are not employees

Performance against our strategy - Employee engagement

3. Governance

2-9

Governance structure and composition

Corporate governance - Governance structure, Report of the SB - Corporate governance, Risk management - Risk governance

2-10

Nomination and selection of the highest governance body

Corporate governance - Governance structure & Corporate governance codes, Report of the SB- Committee activities

2-11

Chair of the highest governance body

Corporate governance - Governance structure, Report of the SB- Composition of the Supervisory Board

2-12

Role of the highest governance body in overseeing the management of impacts

Corporate governance - Governance structure, Report of the SB- Committee activities, Risk management- Risk governance, Stakeholder engagement and materiality assessment

2-13

Delegation of responsibility for managing impacts

Corporate governance - Governance structure, Report of the SB - Committee activities, Performance against our strategy - ESG risk management, Materiality assessment and stakeholder engagement, Risk management - Risk governance

2-14

Role of the highest governance body in sustainability reporting

How we report - Reporting governance, Materiality assessment and stakeholder engagement

2-15

Conflicts of interest

Report of the Supervisory Board - Independence, conflicts of interest and governance, Corporate governance - Governance structure, Report of the Supervisory Board - Members of the Supervisory Board

2-16

Communication of critical concerns

Report of the Supervisory Board - Committee activities, Corporate Governance - Governance structure; Risk management- Risk governance, Developments, Performance against our strategy - ESG risk management; Serious incidents; Independent complaints mechanism; Business integrity, Materiality assessment and stakeholder engagement

2-17

Collective knowledge of the highest governance body

Report of the Supervisory Board - Permanent education

2-18

Evaluation of the performance of the highest governance body

Report of the Supervisory Board - Evaluation

2-19

Remuneration policies

Corporate governance - Aligned remuneration policies, Consolidated financial statements - Retirement benefits; Remuneration of the Management Board

2-20

Process to determine remuneration

Corporate governance - Aligned remuneration policies, Report of the Supervisory Board - Committee activities, Consolidated financial statements - Remuneration of the Management Board,

2-21

Annual total compensation ratio

Corporate governance - Aligned remuneration policies, Consolidated financial statements - Remuneration of the Management Board

4. Strategies, policies and practices

2-22

Statement on sustainable development strategy

Letter from the Management Board, Our strategy, Report of the Supervisory Board

2-23

Policy commitments

Our investment process, How we apply our investment process, Performance against our strategy - ESG risk management; Organizational developments, Risk management

2-24

Embedding policy commitments

Our investment process, How we apply our investment process, Performance against our strategy - ESG risk management; Organizational developments, Risk management

2-25

Processes to remediate negative impacts

Our investment process, How we apply our investment process, Performance against our strategy - ESG risk management; E&S performance gaps in our portfolio; Serious incidents; Independent Complaints Mechanism; Employee engagement, Business integrity, Report of the Supervisory Board - Meetings of the Supervisory Board; Committee activities; Culture, including compliance

2-26

Mechanisms for seeking advice and raising concerns

Performance against our strategy - Employee engagement; Independent complaints mechanism

2-27

Compliance with laws and regulations

Performance against our strategy - Business integrity

2-28

Membership associations

Corporate Governance - Members of the Management Board, Report of the Supervisory Board - Composition of the Supervisory Board, Annex - External commitments

5. Stakeholder engagement

2-29

Approach to stakeholder engagement

Materiality assessment and stakeholder engagement

2-30

Collective bargaining agreements

Performance against our strategy - Employee developments