Corporate Governance

Atlantica Sustainable Infrastructure is a public limited company organized under the laws of England and Wales, listed on the NASDAQ (AY), and follows good practices of international corporate citizenship. Our Board and management team are responsible for defining our code of conduct and ethics, ensuring that Atlantica maintains a high standard of governance practices.

Board of Directors

The Board is committed to promoting the success of Atlantica and is responsible for the Company’s performance and for defining its values, strategy and governance, as well as for overseeing its management.

The Board of Directors of Atlantica Sustainable Infrastructure is responsible for the management, administration and representation of all company matters, subject to the provisions of the relevant constitutional documents, applicable laws and regulations, and resolutions adopted at annual general meetings.

The Board’s responsibilities include setting our strategy and policies, overseeing risk and corporate governance, and monitoring progress towards meeting our objectives and annual plans. It is accountable to our shareholders for the proper conduct of the business and our long-term success and seeks to represent the interests of all stakeholders.

Management

Atlantica’s management is responsible for implementing the strategies approved by the Board and managing the company’s day-to-day operations, maintaining high standards of internal control and regulatory compliance. The senior management team is tasked with assessing risks and ensuring that operations align with Atlantica’s strategic objectives.

Board Committees

The Board has established four Committees. The roles, duties, and authority of each committee are defined in their Terms of Reference, which are regularly reviewed and updated:

• Audit Committee: Monitors the effectiveness of Atlantica’s financial reporting systems, internal control and risk management systems, as well as the integrity of internal and external audit processes.
• Compensation Committee: Establishes the remuneration for directors and recommends and monitors the compensation of the Company’s senior management.
• Nominating and Corporate Governance Committee: Reviews the structure, size and composition of the Board, updating and issuing governance-related documents following corporate governance rules and policies and best practices.
• Related Parties Transactions Committee: Oversees the implementation of a system to identify, monitor and report related party transactions.

Corporate Governance Documents

Following transparency best practices, Atlantica Sustainable Infrastructure has published its key corporate governance documents including the Board Committees’ Terms of Reference, the Code of Conduct and the main policies governing the Company.

UK Tax Strategy

Atlantica is committed to complying with all tax obligations and full disclosure to the tax authorities. Our tax strategy reflects Atlantica’s commitment to transparency and compliance with all applicable tax laws, effectively managing tax risks.

Whistleblower Channel

Atlantica maintains a confidential whistleblower channel for employees, shareholders, contractors and other stakeholders, allowing any concerns related to misconduct or irregularities to be reported safely and anonymously.