SAFETY OF HYDROGEN ACCORDING TO HYDROGEN EUROPE For more than 40 years, the industry has developed infrastructure Contrarily to conventional carbon-based fuels, burning hydrogen to produce, store, transport, and use hydrogen safely, mainly in its pure form does not produce hot ashes and only releases little as an industrial chemical (50 million T/year) and fuel for space radiant heat. While less toxic and safer - in many cases - than exploration. Every year, thousands of sites are supplied with other fuels, there are still misperceptions around hydrogen safety. hydrogen in several hundred million cubic meters with accident The latter stem from a lack of awareness of its presence in the rates no different from that of any other gas transported. In other market and its promising role as energy carrier in decarbonizing words, hydrogen is as safe as other fuels when handled correctly. industry and transport. Ardian Infrastructure has also been a longstanding driver of carbon emissions reduction, building from Ardian’s firm-wide commitment to climate action, as evidenced by initiatives such as Ardian’s co-founding of initiative Climat International (iCI) in 2015. In 2018, the Ardian Sustainability team and Ardian Infrastructure adopted a four-step approach to model portfolio companies’ current and projected emissions to 2030 and calculate carbon reduction targets. Based on the results, we define individual 2°C trajectory alignment action plans with portfolio companies, covering carbon management and reduction initiatives. These plans are monitored annually. As of 2021, within the Ardian Infrastructure portfolio:2 •66% of portfolio scope 1 and 2 emissions are covered by a science-based target •93% of portfolio assets have adopted a climate action plan to reduce emissions “93% of portfolio assets have adopted a climate action plan to reduce emissions.” A NEXT STEP IN OUR JOURNEY In the context of a joint venture with FiveT Hydrogen, Ardian has created Hy24, a dedicated fund to invest in the hydrogen value chain all over the world, as an example of furthering our contributions to sustainability and climate action. The fund is classified as an Article 9 fund under the EU Sustainable An article by Finance Disclosure Regulation (SFDR), meaning it has sustainable RAPHAËLLE MUHLMANN-EYTAN investment as its objective. Specifically, the Fund aims to Managing Director at Ardian contribute to climate change mitigation through the funding of and Head of Investor Relations at Hy24 low-carbon hydrogen projects. & CANDICE BRENET Managing Director and Head of Sustainability at Ardian 61