Bring the world closer through telecom connectivity

2023 main actions and KPIs
In October 2023, Cellnex presented its new organisational structure	Cellnex created a stand-alone Regulatory Directorate that will focus on leading all regulatory matters and strengthening Cellnex's position in EU regulatory bodies
Cellnex created a Strategy department that will take the lead on business strategy and planning, transformation, and market intelligence	In 2023 Cellnex conducted a comprehensive CSRD GAP Analysis
Cellnex created the position of Chief Operating Officer in order to strengthen its commercial and operational capabilities	All employees have been integrated in the ESG-linked Remuneration within their group and/or country targets
In 2023, Cellnex carried out an ESG Master Plan mid-term review	Cellnex was the first towerco to join the selective DJSI Europe in 2023
Portfolio of 113,175 sites located in 12 European countries 90.9% of the revenues from Telecom Infrastructure Services (TIS), 5.7% from Broadcasting Networks and 3.4% from Network Services and others 26 innovation projects were carried out €5.9 million invested in the development, testing and launching of new products ESG Master Plan performance: 90.9% progress in planning and 90% progress in implementation of the 2023 strategic lines

Follow-up on the ESG Master Plan targets
	Target year	Target	2023
Cellnex Group employees attending the ESG annual training	2023	80 %	69 %

Next steps for the upcoming years

For 2024, Cellnex aims to build on the progress achieved by further integrating operations across countries. This integration is poised to drive sustained enhancements in operational performance.

The Group plans to extend the implementation of TIS (Telecom Infrastructure Sharing) to the remaining countries

In 2024, a standardised stakeholder relations model (governance model and definition of the implementation strategy) will be defined with the objective of deploying the new Stakeholder Relationship Policy.

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