Annex 4. Non-financial Information Index

Brief description of the group's business model, which will include:

Yes

GRI 102-1

2. 2020: Staying on the path of transformation/ European leader in telecommunications infrastructures (Introduction)

Cellnex group

1.) its business environment,

GRI 102-2

2. 2020: Staying on the path of transformation:

• European leader in telecommunications infrastructures (Introduction)

• Cellnex’s Industrial Model

• Business Model

2.) its organisation and structure,

GRI 102-3

Juan Esplandiú, 28007 Madrid

3.) the markets in which it operates,

GRI 102-4

2. 2020: Staying on the path of transformation:

• Cellne’x Industrial Model

• Consolidation in Europe

4.) its goals and strategies,

GRI 102-6

2. 2020: Staying on the path of transformation:

• Cellnex’s Industrial Model

• Business Model

• Consolidation in Europe

5.) The main factors and trends that may affect its future evolution.

GRI 102-7

2. 2020: Staying on the path of transformation:

• Cellnex’s Industrial Model

• Consolidation in Europe

3. Showing what we are, acting with integrity/Economic performance

• Business performance and results

• Business indicators

3. Showing what we are, acting with integrity/Investors relationships

• Market figures

• Treasury shares

GRI 102-14

1.Interview with the President and the CEO.

A description of the policies that the group applies regarding these issues, which will include:

1.) due diligence procedures applied to the identification, evaluation, prevention and mitigation of significant risks and impacts

2.) verification and control procedures, including what measures have been taken.

Yes

GRI 103 Management approach to each area within the Economic, Environmental and Social dimensions

2. 2020: Staying on the path of transformation

3. Showing what we are, acting with integrity/Ethics and compliance

4. Boosting our talent, being diverse and inclusive

5. Being a facilitator of social progress

6. Growing with a long-term sustainable environmental approach/Responsible environmental management.

7. Extending our commitment to the value chain

Cellnex group

The main risks related to these issues related to the activities of the group, including, where relevant and proportionate, their business relationships, products or services that may have negative effects in those areas, and how the group manages these risks, explaining the procedures used to detect and evaluate them according to national, European or international reference frameworks for each subject. Information on the impacts that have been detected must be included, offering a breakdown of them, in particular on the main risks in the short, medium and long term.

Yes

GRI 102-15

3. Showing what we are, acting with integrity/ Global Management System and Risk Management

6. Growing with a long-term sustainable environmental approach/ Monitoring and managing the main risks, opportunities and environmental impacts.

Annex 2. Risks

Cellnex group

Key indicators of non-financial results that are relevant to the specific business activity, and that meet the criteria of comparability, materiality, relevance and reliability.

Yes

General or specific GRI standards for the Economic, Environmental and Social dimensions that are reported in the following blocks.

Annex 6. KPI Tables

Cellnex group

  * In order to facilitate the comparison of information, both in time and between entities, standards of non-financial key indicators that can be generally applied and that comply with the European Commission guidelines on this subject and the standards will be used. of the Global Reporting Initiative, having to mention in the report the national, European or international framework used for each subject.

  * The key indicators of non-financial results should be applied to each of the sections of the non-financial information state.

  * These indicators should be useful, taking into account the specific circumstances and consistent with the parameters used in their internal risk assessment and management procedures.

  * In any case, the information presented must be accurate, comparable and verifiable.

Detailed information on the current and foreseeable effects of the company's activities on the environment and, where appropriate, health and safety, environmental assessment or certification procedures.

Yes

GRI 102-15

3. Showing what we are, acting with integrity/ Global Management System and Risk Management

6. Growing with a long-term sustainable environmental approach/ Monitoring and managing the main risks, opportunities and environmental impacts.

Annex 2. Risks

Cellnex group

Yes

GRI 103- 2

3. Showing what we are, acting with integrity/ Global Management System and Risk Management

Cellnex group

6. Growing with a long-term sustainable environmental approach

Resources dedicated to the prevention of environmental risks.

Yes

GRI 102-15

3. Showing what we are, acting with integrity/ Global Management System and Risk Management

6. Growing with a long-term sustainable environmental approach/ Monitoring and managing the main risks, opportunities and environmental impacts.

Annex 2. Risks

Cellnex group

The application of the precautionary principle, the amount of provisions and guarantees for environmental risks.

Yes

GRI 102-11

Cellnex has environmental liability insurance in compliance with current legislation and has a provision of 60,000 euros.

Note 20 of the Consolidated Financial Statements.

Cellnex group

3. Showing what we are, acting with integrity / Economic performance/ Milestones and main figures for the year 2020/ Cellnex’s tax contribution/ Value generated and distributed

6. Growing with a long-term sustainable environmental approach

Measures to prevent, reduce or repair carbon emissions that seriously affect the environment, taking into account any form of air pollution specific to an activity, including noise and light pollution.

Yes

GRI 103-2

5. Bring a facilitator of social progress/ Manage the impact of our infrastructures

6. Growing with a long-term sustainable environmental approach/ Carbon footprint and climate change.

Cellnex group

GRI 103-3

Emissions

Yes

GRI 302-4

6. Growing with a long-term sustainable environmental approach/ Sustainable use of resources.

Cellnex group

Yes

GRI 305-5

6. Growing with a long-term sustainable environmental approach

Cellnex group

  · Sustainable use of resources.

  · Carbon footprint and climate change.

Circular economy.

No

GRI 306-2

 6. Growing with a long-term sustainable environmental approach/ Sustainable use of resources/ Waste management.

Cellnex group

Waste: Prevention, recycling, reuse, other forms of recovery and waste disposal.

No

Actions to fight food waste.

No

Water consumption and water supply according to local constraints.

No

GRI 303-1

GRI 303-2

GRI 303-5

6. Growing with a long-term sustainable environmental approach/ Sustainable use of resources/ Water consumption.

Annex 6. KPIs Tables

Cellnex group

Consumption of raw materials and the measures adopted to improve the efficiency of their use.

No

Consumption, direct and indirect, of energy.

Yes

GRI 302-1

6. Growing with a long-term sustainable environmental approach/ Sustainable use of resources/ Energy Management.

Annex 6. KPIs Tables

Cellnex group

Yes

GRI 302-2

6. Growing with a long-term sustainable environmental approach/ Sustainable use of resources.

Annex 6. KPIs Tables

Cellnex group

Cellnex considers all the energy consumed in its operating facilities as internal consumption.

Measures taken to improve energy efficiency.

Yes

GRI 103-2

6. Growing with a long-term sustainable environmental approach/ Sustainable use of resources / Energy Management.

Cellnex group

GRI 103-3

Energy

Yes

GRI 302-4

Use of renewable energies.

Yes

GRI 302-1

6. Growing with a long-term sustainable environmental approach/ Sustainable use of resources./ Energy Management.

Cellnex group

The important elements of greenhouse gas emissions generated as a result of the company's activities, including the use of the goods and services it produces.

Yes

GRI 305-1

6. Growing with a long-term sustainable environmental approach/ Carbon footprint and climate change.

Annex 6. KPI Tables

Cellnex group

Yes

GRI 305-2

Yes

GRI 305-3

GRI 305-4

The measures adopted to adapt to the consequences of Climate Change.

Yes

GRI 103-2

6. Growing with a long-term sustainable environmental approach/ Carbon footprint and climate change.

Cellnex group

GRI 103-3

Emissions

Yes

GRI 102-11

3. Showing what we are, acting with integrity/ Global Management System and Risk Management

Cellnex group

GRI 102-15

6. Growing with a long-term sustainable environmental approach/ Monitoring and managing the main risks, opportunities and environmental impacts footprint and climate change.

Annex 2. Risks

The reduction goals established voluntarily in the medium and long term to reduce greenhouse gas emissions and the means implemented for that purpose.

Yes

GRI 305-5

6. Growing with a long-term sustainable environmental approach

  · Sustainable use of resources/ Energy Management

  · Carbon footprint and climate change.

Cellnex group

The measures taken to preserve or restore biodiversity.

No

 GRI 103-2

6. Growing with a long-term sustainable environmental approach/ Biodiversity.

Cellnex group

 GRI 103-3

 Biodiversity

Impacts caused by activities or operations in protected areas.

 No

GRI 304-1

6. Growing with a long-term sustainable environmental approach/ Biodiversity.

Cellnex group

 No

GRI 304-2

Total number and distribution of employees by sex, age, country and professional category.

Yes

GRI 102-8

4. Boosting our talent, being diverse and inclusive/ People management.

Cellnex group

Yes

GRI 405-1. b)

Annex 6. KPI Tables

Total number and distribution of work contract modalities.

Yes

GRI 102-8

4. Boosting our talent, being diverse and inclusive/ People management.

Cellnex group

Annex 6. KPI Tables

Annual average of permanent, temporary and part-time contracts by sex, age and professional category.

Yes

GRI 102-8

4. Boosting our talent, being diverse and inclusive/ People management.

Cellnex group

Yes

GRI 405-1. b)

Annex 6. KPI Tables

Number of dismissals by sex, age and professional classification.

Yes

GRI 401-1. b)

Annex 6. KPI Tables

Cellnex group

The average remunerations and their evolution disaggregated by sex, age and professional classification or equal value.

Yes

GRI 103-2

4. Boosting our talent, being diverse and inclusive/ Talent and leadership

Cellnex group

GRI 103-3

Diversity and equal opportunity

Yes

GRI 405-2

Annex 6. KPI Tables

Cellnex group

Salary gap, the remuneration of equal or average positions in the company.

Yes

GRI 405-2

Annex 6. KPI Tables

Cellnex group

The average remuneration of directors and executives, including variable remuneration, allowances, compensation, payment to long-term savings forecast systems and any other perception disaggregated by sex.

Yes

GRI 103-2

Section C of the 2020 Annual Corporate Governance Report (Annex 9).

Cellnex group

GRI 103-3

Diversity and equal opportunity

Yes

GRI 102-35

Yes

GRI 102-36

Yes

GRI 102-37

Section A of the 2020 Annual Report on Remuneration of Directors

Yes

GRI 102-38

The ratio obtained from the calculation between the remuneration of the person holding the position of CEO and the average remuneration of the Group is equal to 65.85 in 2020. In 2019 it was 88.74

Yes

GRI 102-39

The variation in the average remuneration of the Group in relation to the year of 2019 was -2.6%, and the variation in the remuneration of the CEO was -21.0%. The changes correspond to the total remuneration accrued, excluding contributions to pension funds and life insurance premiums.

Implementation of labour disconnection measures.

Yes

GRI 103-2

4. Boosting our talent, being diverse and inclusive/ Cellnex’s people strategy / Work-life balance and labour flexibility

Cellnex group

GRI 103-3

Employment

Employees with disabilities.

Yes

GRI 405-1. b)

During 2020, Cellnex has employed 15 employees with different abilities.

4. Boosting our talent, being diverse and inclusive/ Cellnex’s people strategy/ People Management

Cellnex group

Organisation of working time.

Yes

GRI 103-2

4. Boosting our talent, being diverse and inclusive/ Cellnex’s people strategy/ Culture/ Equality, Diversity and Inclusion plan roll out across countries/ Work-life balance and labour flexibility

Cellnex group

GRI 103-3

Employment

Yes

GRI 102-8. c)

Annex 6. KPI Tables

Number of hours of absenteeism.

Yes

GRI 403-9

4. Boosting our talent, being diverse and inclusive/ Occupational health and safety / Accident rate and absenteeism

Annex 6. KPI Tables

Cellnex group

Measures designed to facilitate the enjoyment of conciliation and encourage joint responsibility of these by both parents.

Yes

GRI 103-2

4. Boosting our talent, being diverse and inclusive/ Cellnex’s people strategy/ Culture/ Equality, Diversity and Inclusion plan roll out across countries/ Work-life balance and labour flexibility

Cellnex group

GRI 103-3

Employment

Conditions of health and safety at work.

Yes

GRI 103-2

4. Boosting our talent, being diverse and inclusive/ Occupational health and safety

Cellnex group

GRI 103-3

Occupational health and safety

GRI 403-1 to GRI 403-8

Work accidents, in particular their frequency and seriousness, occupational diseases, disaggregated by sex.

Yes

GRI 403-9

GRI 403-10

4. Boosting our talent, being diverse and inclusive/ Occupational health and safety/ Accident rate and absenteeism

Annex 6. KPI Tables

Cellnex group

Organisation of social dialogue, including procedures for informing and consulting staff and negotiating with them.

Yes

GRI 103-2

4. Boosting our talent, being diverse and inclusive/ Culture/ Social dialogue

Cellnex group

GRI 103-3

Labour/ Management relations

Percentage of employees covered by collective agreement by country.

Yes

GRI 102-41

4. Boosting our talent, being diverse and inclusive/ Culture/ Collectives agreements

Annex 6. KPI Tables.

Cellnex group

Balance of collective agreements, particularly in the field of health and safety at work.

Yes

GRI 403-1

4. Boosting our talent, being diverse and inclusive/ Culture/ Collectives agreements

Cellnex group

GRI 403-4

The policies implemented in the field of training.

Yes

GRI 103-2

4. Boosting our talent, being diverse and inclusive/ Cellnex’s people strategy

Cellnex group

GRI 103-3

Training and education

Yes

GRI 404-2

4. Boosting our talent, being diverse and inclusive/Cellnex’s people strategy/Talent and leadership/Training

The total amount of training hours by professional categories.

Yes

GRI 404-1

4. Boosting our talent, being diverse and inclusive/ Cellnex’s people strategy

Cellnex group

Annex 6. KPI Tables

Universal accessibility for people with disabilities

Yes

GRI 103-2

4. Boosting our talent, being diverse and inclusive/ Cellnex’s people strategy

Cellnex group

GRI 103-3

Diversity and equal opportunity

Non-discrimination

Measures taken to promote equal treatment and opportunities between men and women.

Yes

GRI 103-2

4. Boosting our talent, being diverse and inclusive/ Cellnex’s people strategy/ Equity, Diversity and Inclusion plan roll out across countries

Cellnex group

GRI 103-3

Employment

Equality plans, measures adopted to promote employment, protocols against sexual and gender-based harassment, integration and the universal accessibility of people with disabilities.

Yes

Diversity and equal opportunity

The policy against all types of discrimination and, where appropriate, management of diversity.

Yes

Non-discrimination

Application of due diligence procedures in human rights.

Prevention of the risks of violation of human rights and, where appropriate, measures to mitigate, manage and repair possible abuse

Yes

GRI 103-2

3. Showing what we are, acting with integrity/ Ethics and compliance/ Cellnex’s Human Rigths commitment

Cellnex group

GRI 103-3

Non-discrimination

Human Rights Assessment

GRI 102-16

3. Showing what we are, acting with integrity/ Ethics and compliance

GRI 102-17

3. Showing what we are, acting with integrity/ Ethics and compliance

Complaints about cases of violation of human rights.

Yes

GRI 406-1

3. Showing what we are, acting with integrity/ Ethics and compliance/ Ethics and compliance/ Cellnex’s Human Rights commitment

Cellnex group

Promotion and compliance with the provisions of the fundamental Conventions of the International Labor Organisation related to respect for freedom of association and the right to collective bargaining, the elimination of discrimination in employment and occupation, the elimination of forced or compulsory labor and the effective abolition of child labor.

Yes

GRI 103-2

3. Showing what we are, acting with integrity/ Ethics and compliance

Cellnex group

GRI 103-3

3. Showing what we are, acting with integrity/ Ethics and compliance/ Cellnex’s Human Rigths commitment

Non-discrimination

GRI 407-1

GRI 408-1

GRI 409-1

Measures taken to prevent corruption and bribery.

Yes

GRI 103-2

3. Showing what we are, acting with integrity/ Ethics and compliance

Cellnex group

GRI 103-3

Anti-corruption

Prevention Procedure. The money laundering issue is addressed in the Cellnex Corruption

GRI 102-16

3. Showing what we are, acting with integrity/ Ethics and compliance

GRI 102-17

GRI 205-2

Measures to combat money laundering.

Yes

GRI 205-3

3. Showing what we are, acting with integrity/Ethics and compliance/ Ethics and compliance

Contributions to foundations and non-profit entities.

Yes

GRI 201-1

In 2020 Cellnex donated 3,051,000 euros (196,252 euros in 2019) have been to foundations and non-profit entities.

Cellnex group

Yes

GRI 413-1

The impact of society's activity on employment and local development.

Yes

GRI 103-2

3. Showing what we are, acting with integrity

Investors relationships/ Treasury shares

3. Showing what we are, acting with integrity/ Milestones and main figures for the year 2020

  · Business performance and results

  · Business indicators

Cellnex group

GRI 103-3

Indirect economic impacts

GRI 203-1

Yes

GRI 103-3

5. Being a facilitator of social progress/ Social contribution

Cellnex group

Local Communities

GRI 413-1

Yes

GRI 204-1

7. Extending our commitment to the value chain/ Suppliers

Cellnex group

The impact of society's activity on local populations and in the territory. 

Yes

GRI 103-2

3. Showing what we are, acting with integrity

Investors relationships/ Treasury shares

3. Showing what we are, acting with integrity/ Milestones and main figures for the year 2020

  · Business performance and results

  · Business indicators

Cellnex group

GRI 103-3

Indirect economic impacts

GRI 203-1

Yes

GRI 103-3

5. Being a facilitator of social progress/ Social contribution

Cellnex group

Local Communities

5. Being a facilitator of social progress/ Electromagnetic emissions

GRI 413-1

5. Being a facilitator of social progress

The relationships maintained with the actors of the local communities and the modalities of dialogue with them.

Yes

GRI 102-43

2. 2020: Staying on the path of transformation/ Cellnex’s ESG strategy/ Stakeholders engagement

Cellnex group

Yes

GRI 413-1

5. Being a facilitator of social progress

Cellnex group

The association or sponsorship actions.

Yes

GRI 102-12

2. 2020: Staying on the path of transformation/ Cellnex’s ESG strategy/ Stakeholders engagement

The total contribution to activities or sponsorship events by Cellnex Telecom has been 324,382 euros and the total contribution to associations of which Cellnex is a member has been 355,283.18 euros.

Cellnex group

GRI 102-13

The inclusion in the purchasing policy of social issues, gender equality and environmental issues.

Consideration in relations with suppliers and subcontractors of their social and environmental responsibility.

No

GRI 102-9

7. Extending our commitment to the value chain/ Suppliers.

Cellnex Group⁽¹⁾

GRI 103-2

GRI 103-3

Supplier environmental and social assessment

No

GRI 308-1

GRI 308-2

7. Extending our commitment to the value chain/ Suppliers/ Evaluation, selection and monitoring of suppliers.

GRI 414-1

GRI 414-2

Supervision systems and audits and their results.

No

GRI 103-2

Note: Currently no audits of suppliers are currently performed.

7. Extending our commitment to the value chain/ Suppliers/ Evaluation, selection and monitoring of suppliers.

Cellnex group

GRI 103-3

Supplier environmental and social assessment

Measures for the health and safety of consumers.

No

GRI 103-2

7. Extending our commitment to the value chain/ Customers.

Cellnex group

GRI 103-3

7. Extending our commitment to the value chain/ Customers/ Information security management.

Customer health and safety

Marketing and labeling

Customer privacy

Claims systems, complaints received and resolution of them.

Yes

GRI 103-2

7. Extending our commitment to the value chain/ Customers

Cellnex group

GRI 103-3

Customer health and safety

Marketing and labeling

Customer privacy

Yes

GRI 418-1

7. Extending our commitment to the value chain/ Customers/ Information security management.

Cellnex group

Benefits obtained country by country.

Yes

GRI 103-2

This information is provided in the Consolidated Annual Accounts.

Cellnex group

GRI 103-3

3. Showing what we are, acting with integrity/ Milestones and main figures for the year 2020/Cellnex’s tax contribution / Value generated and distributed.

Economic performance

GRI 201-1

Taxes paid on benefits.

Yes

GRI 103-2

3. Showing what we are, acting with integrity/ Milestones and main figures for the year 2020/Cellnex’s tax contribution/ Income Tax Payment

Cellnex group

GRI 103-3

Economic performance

GRI 207-1

GRI 207-4

Public subsidies received.

Yes

GRI 201-4

There hasn’t been significant financial assistance received from government.

Cellnex group