In early 2023, Multiversity has begun to embark on its ESG journey, starting with the creation and development of a Group ESG (Environmental, Social and Governance) and DE&I (Diversity, Equity and Inclusion) Strategy. The ESG Plan considers Environmental, Social and Governance issues as an integral part of the Group’s Mission and the education model offered.

The ESG Strategy of the Group is developed around the following five pillars:

To support the ESG Plan, Multiversity implemented a series of ESG, DE&I and Data Privacy policies and updated the Group's Code of Ethics available in the ESG Governance.

In May 2023, Multiversity also joined the UNGC - United Nations Global Compact - the largest corporate sustainability initiative in the world, which today has more than 22,000 partners in 162 countries around the world.

Finally, in July 2023, Multiversity received the following certifications accessible in the ESG Governance section :

• ISO 9001 - Quality management systems,
• ISO 14001 - Environmental management systems,
• ISO 45001 - Occupational health and safety management systems certifications,
• ISO 20000-1 - Process-integrated system of IT Service Management,
• ISO 22301 - Business continuity management System,
• ISO 27001 - Information Security Management Systems.

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Multiversity Group has received in October 2023 an outstanding ESG Risk Rating from Morningstar Sustainalytics, of 7,8*, an excellent score considering the scale range from 1 to 100, with 100 indicating the highest risk; Multiversity Group was among the Top 100 Global Companies according to Morningstar Sustainalytics ESG Risk Rating. In December 2023, Multiversity Group was also rated 71/100 by EcoVadis and received a Gold medal. This result placed the Group among the top 5 percent of companies assessed by EcoVadis in 2023."

* Under no circumstances should 7.8 be interpreted as investment advice or expert opinion as defined by applicable law. All data were sourced from Sustainalytics’ platform on Dec 2023.