Incora Climate-Related Financial Risk Report

This Technical Report outlines Incora's approach to climate-related financial risks in accordance with California Senate Bill 261 and the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. The report details the governance structure, emphasizing the Board of Directors' oversight and management's role in identifying, assessing, and managing climate-related risks. It describes the processes for recognizing risks such as extreme weather and GHG emissions, and how these factors influence the company's business strategy and financial planning. Additionally, the report highlights the integration of climate considerations into operational priorities and investment planning, including energy efficiency measures and renewable energy opportunities. Although formal climate scenario analysis has not yet been conducted, existing processes contribute to understanding strategic resilience. The report also notes that Incora plans to revise this document annually to reflect ongoing developments in its sustainability reporting journey.