Our ESG+Impact holistic approach includes four main steps for new investments:

1. Screening: ESG and impact screening of potential new deals.
2. Due diligence: Company ESG questionnaire, self-evaluation and internal impact score-card during the due diligence process.
3. Investing: Integrating an ESG clause in our term-sheet.
4. Post-investment: Designing and assisting in implementing ESG targets, and implement impact strategies when relevant

For growth stage portfolio companies we invested in prior to 2020, and new investments in growth stage companies we facilitate an impact migration process:

1. Familiarizing - Familiarizing our portfolio companies with our ESG-SDG continuum approach.
2. Analyzing - Facilitating a gap analysis to understand ESG-related progress and gaps.
3. Integrating - Assisting companies in designing ESG/impact strategies. Identifying current or potential impact-related outcomes and opportunities to align with the SDGs. Enabling companies to implement strategies across business operations, products, and services.
4. Reporting - Enabling companies to report on ESG and impact performance to stakeholders, including customers, investors, and employees.

Screening & Due Diligence

• Review the company structure, business model, products and services
• Analyze potential ESG risks & opportunities
• Consider current and potential future impact strategies where relevant
• Develop a score based on our framework
• Draft an investment memo summarizing our findings
• Recommend actions and next steps for the investment
• Impact screening for new deals in addition to the business due diligence process. This includes: o ESG questionnaire and discussion with the companies o Internal score card o Impact & Sustainability investment memo added to the company review for Investment Committee

Investing & Post-investment