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42-432025 SUSTAINABILITY REPORTwww.omnescapital.comInvestment ContextPower Capital Renewable Energy is an Irish renewable energy platform, focused on the development of solar photovoltaic (PV) and battery energy storage systems (BESS). Majority-owned by the Capenergie 4 fund, the company is building a pipeline of approximately 3.4 GW of solar PV capacity and 1.0 GW of storage capacity across Ireland, a market characterized by robust growth in electricity demand, high power prices, increasingly ambitious decarbonization commitments, and the rapid expansion of data center infrastructure.The investment strategy is designed to position Power Capital as a central participant in Ireland%u2019s energy transition, supporting the company%u2019s evolution from a development-stage platform into a fully integrated Independent Power Producer (IPP). This transformation encompasses financial and operational scaling, along with a parallel maturation of the company%u2019s ESG practices, an objective that has been embedded in the investment thesis from the outset.Key ESG ChallengesAt the time of entry, Power Capital demonstrated an intermediate level of ESG maturity, with measurable performance improvements recorded between 2023 and 2024. The principal ESG priorities identified at entry centered on four interconnected dimensions: structuring and formalizing a comprehensive ESG strategy; strengthening social practices, with particular emphasis on employee engagement and diversity; improving the rigor and consistency of environmental monitoring and data quality; and enhancing ESG transparency through more systematic external reporting. These priorities have served as the guiding framework for the ESG program implemented over the investment period.Implemented ESG Initiatives (2024%u20132025)Human Capital and Social GovernancePower Capital has materially strengthened its social framework over the investment period. The company implemented a formal Diversity, Equity, & Inclusion (DEI) policy, supported by dedicated management training, and deployed a company-wide employee survey which achieved a 100% response rate in 2024 %u2013 a result that reflects both the depth of internal engagement and the cultural commitment to inclusive governance. These efforts were recognized externally: the company received Bronze Accreditation from the Irish Centre for Diversity, marking a tangible milestone in the company%u2019s social maturity trajectory. Collectively, these measures have contributed to a meaningful improvement in the Human Capital pillar and a sustained uplift in employee engagement indicators.Environmental Performance and CircularityPower Capital has taken deliberate steps to embed circularity and lifecycle thinking into its operations and supply chain. The company established partnerships with specialist PV waste management providers to ensure responsible end-of-life module recycling and integrated eco-design criteria into its procurement framework, including a preference for modules accompanied by Environmental Product Declarations (EPDs) and Life Cycle Assessments (LCAs). In parallel, the company is progressing toward more structured