Universal Registration Document Fiscal 2025

Information provided to and sustainability matters addressed by Sodexo’s administrative, management and supervisory bodies [GOV-2]

Sodexo’s Board of Directors is supported by a Sustainability Committee, established to ensure robust oversight of sustainability matters. The Committee plays a central role in informing the Board and supporting its supervision of sustainability-related topics, including climate, social responsibility, human rights, and governance issues.

Information flows and frequency

The Sustainability Committee met 3 times during Fiscal 2025. Meetings were convened by the Chairwoman of the Committee and the Chief Sustainability Officer and supported by presentations from members of the Sodexo Leadership Team (SLT), subject matter experts, and external advisors where relevant.

The Committee receives regular reporting on material impacts, risks and opportunities (IROs) identified through Sodexo’s double materiality assessment, as well as on the implementation of due diligence processes across the value chain.

Progress against Sodexo’s Better Tomorrow 2025 commitments and the deployment of the CSRD project were standing agenda items.

How sustainability matters were addressed

During the reporting year, the Committee:

• Reviewed and validated progress on the CSRD implementation roadmap, including the Group’s preparation for assurance, harmonization of processes, and alignment of internal control systems;
• Supervised the development of the new sustainability roadmap to 2028 (Better Tomorrow 2028), including discussions of targets, priorities, and trade-offs between environmental, social, and financial objectives;
• Monitored the effectiveness of sustainability policies and actions, including updates on climate strategy (Net Zero trajectory, energy transition, responsible sourcing), social priorities and governance programs (ethics and compliance).

Consideration of IROs in decisions

The Committee ensures that sustainability considerations are systematically integrated into strategic decision-making. This includes:

• Assessing how impacts, risks, and opportunities inform Sodexo’s growth strategy and business model transformation;
• Reviewing major transactions (e.g., contract renewals or new partnerships in sensitive sectors) through a sustainability lens;
• Considering the long-term resilience of the Group in the face of environmental and social megatrends.

Topics addressed during the reporting period

In Fiscal 2025, the Sustainability Committee specifically addressed the following topics:

• validation of 2040 Net Zero trajectory;
• review of CSRD implementation progress;
• supervision of new Better Tomorrow 2028 roadmap;
• monitoring of human rights due diligence;
• review of food waste program;
• oversight of ethics and compliance integration;
• responsible sourcing strategy and roadmap.

Governance overview

This approach ensures that sustainability matters are not treated in isolation, but form an integral part of Board and Sodexo Leadership Team deliberations. The governance framework is illustrated in the diagram below, showing the interaction between the Board of Directors, the Sodexo Leadership Team, and the Sustainability Committee in overseeing sustainability strategy, risks, and performance.