Statement on Sustainability and Remuneration Policy Information

SIS’s remuneration policy is designed to encourage prudent risk-taking by traders and supporting staff, in addition to ensuring that risk is monitored and controlled throughout the year. As part of the annual performance review and the variable compensation process, SIS considers the overall risk profile comprising financial and non-financial risks, including sustainability risks. This is done holistically rather than formulaically/prescriptively. Compensation is aligned with risk appetite, risk exposure and conduct expectations and action may be taken (such as a reduction in variable remuneration) where risk management and conduct fall below required standards. SIS’s compensation principles discourage excessive or concentrated risk-taking with employees in risk-taking roles expected to take all applicable types of risks into account.