Annex 4. GRI Content Index

102-1

Name of the organisation

Cellnex Telecom, S.A.

102-2

Activities, brands, products and services

1. CELLNEX: European leader in telecommunications infrastructure / Business model

17-31

102-3

Location of headquarters

Juan Esplandiú, 28007 Madrid

102-4

Location of operations

1. CELLNEX: European leader in telecommunications infrastructure / Business model / Geographical presence and portfolio

32-37

102-5

Ownership and legal form

Cellnex Telecom, S.A.

102-6

Markets served

1. CELLNEX: European leader in telecommunications infrastructure / Business model
   •  Business model and value chain
   •  Services
   •  Geographical presence and portfolio

17-21
22-31
32-43

102-7

Size of the organisation

2. GOVERNANCE – Showing what we are, acting with integrity
   •  Context and business development
   •  Business perspective
   •  Investors relations / Market figures: Cellnex on the stock market
3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees

117-150
151-152
153-155
164-165

102-8

Information about employees and other workers

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees
Annex 6. KPI tables

164-165
336-337

102-9

Organisational structure, value chain, supply chain

1. CELLNEX: European leader in telecommunications infrastructure / Business model
   •  Business model and value chain
   •  Services
6. VALUE CHAIN – Extending our commitment to the value chain / Suppliers / Cellnex Supply Chain and Engagement with suppliers

17-21
22-31
263-270

102-10

Significant changes in the organisation and its supply chain

1. CELLNEX: European leader in telecommunications infrastructure / Business model / Geographical presence and portfolio / Significant events in 2021
2. GOVERNANCE – Showing what we are, acting with integrity/
   •  Context and business development
   •  Business perspective

37-40
117-150
151-152

102-11

Precautionary principle or approach

Cellnex has environmental liability insurance in accordance with current legislation and a provision of 67,198 euros in 2021 (60,000 euros in 2020).
Note 20 of the Consolidated Annual Accounts
2. GOVERNANCE – Showing what we are, acting with integrity / Context and business development / Sustained value creation / Cellnex tax contribution
5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Management and follow up of main risks, opportunities and environmental impacts

132-133
232-238

102-12

External initiatives

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Stakeholders
4. SOCIETY – Being a facilitator of social progress / Social contribution
   •  Commitment to Society
   •  Cellnex working with society
   •  Cellnex Foundation

59-67
208-214
214-215
215-223

102-13

Membership of associations

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Stakeholders
In 2021, the total contribution to sponsorship activities or events by Cellnex Telecom was €217,296 euros (€324,382 in 2020), the total contribution to associations of which Cellnex is a member was €799,523 (€355,283.18 in 2020). The contribution to Tallon Boury & Associés has been €55.134.79 in 2021 (€71,625.36 in 2020), to Mayer Brown €21,000 (€21,000 in 2020), to Kauffman €63,000  (€128,000 in 2020), to Brunswick €112,000 (€98,659.79 in 2020), to Utopia €60,000 euros (€60,000 in 2020), to Hill+Knowlton Strategies €94,815.90 (€54,439.19 in 2020).

59-67

102-14

Declaration of senior executives responsible for decision-making

Interview with the Chairman and the CEO
2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance

5-11
90-104

102-15

Main impacts, risks and opportunities

2. GOVERNANCE – Showing what we are, acting with integrity / Global Management System / Risk Management
4. SOCIETY – Being a facilitator of social progress / Cellnex Socioeconomic impact
5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Management and follow up of main risks, opportunities and environmental impacts
8. Annexes / Annex 1. Risks

106-110
224-227
232-238
280-313

102-16

Values, principles, standards, and norms of behaviour

2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance / Ethics and regulatory compliance

99-104

102-17

Mechanisms for assessment and complaint of ethical conduct

2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance / Ethics and regulatory compliance

99-104

102-18

Governance structure

2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance

90-99

102-19

Delegation of authority

2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance
Section C of the 2021 Annual Corporate Governance Report (Annex 11)

90-99

102-20

Executive responsibility for economic, environmental and social matters

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / ESG Master Plan
2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance / Corporate Governance
Section H of the 2021 Annual Corporate Governance Report (Annex 11)

55-59
90-99

102-21

Consultation with stakeholders on economic, environmental and social matters

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Stakeholders

59-67

102-22

Composition of the highest governing body and its committees

2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance / Corporate Governance
Sections C1.2, C1.3 and C2 of the 2021 Annual Corporate Governance Report (Annex 11)

90-99

102-23

Chair of the highest governing body

2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance / Corporate Governance

90-99

102-24

Appointment and selection of the highest governing body

2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance / Corporate Governance

90-99

102-25

Conflicts of interest

Section D of the 2021 Annual Corporate Governance Report (Annex 11)

102-26

Role of highest governance body insetting purpose, values, and strategy

2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance / Corporate Governance

Section C of the 2021 Annual Corporate Governance Report (Annex 11)

90-99

102-27

Collective knowledge of the highest governing body

2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance / Corporate Governance

90-99

102-28

Evaluation of the performance of the highest governance body

2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance / Corporate Governance
Section C.17 of the 2021 Annual Corporate Governance Report (Annex 11)

90-99

102-29

Identification and management of economic, environmental and social impacts

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision
   •  ESG Master Plan
   •  Stakeholders
2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance / Corporate Governance
Annex 1. Risks

55-59
59-67
90-99
280-313

102-30

Effectiveness of risk management processes

2. GOVERNANCE – Showing what we are, acting with integrity / Global Management System
Annex 1. Risks

105-116
280-313

102-31

Review of economic, environmental, and social topics

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / ESG Master Plan
2. GOVERNANCE – Showing what we are, acting with integrity / Global Management System
Annex 1. Risks

55-59
105-116
280-313

102-32

Highest governance body’s role in sustainability reporting

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / ESG Master Plan
Section H of the 2021 Annual Corporate Governance Report (Annex 11)

55-59

102-33

Communicating critical concerns

2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance / Ethics and regulatory compliance

99-104

102-34

Nature and total number of critical concerns

2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance / Ethics and regulatory compliance

99-104

102-35

Remuneration policies

Section C of the 2021 Annual Corporate Governance Report (Annex 11)

102-36

Process for determining remuneration

Section C of the 2021 Annual Corporate Governance Report (Annex 11)

102-37

Stakeholders’ involvement in remuneration

Annual Report of the Remuneration of the Directors of Cellnex Telecom 2021 (Annex 10)

102-38

Annual total compensation ratio

The ratio obtained from the calculation between the remuneration of the person who holds the position of CEO and the average remuneration of the Group is 88.59 in 2021 (in 2020 it was 65.85).

102-39

Ratio of the percentage increase in total annual compensation

The variation in the average remuneration of the Group in relation to the year 2020 was -8% (-2.6% in the previous period) and the variation in the remuneration of the CEO was 23.8% (-21% in the previous period ). The changes correspond to the total remuneration accrued, excluding contributions to pension funds and life insurance premiums.

102-40

List of stakeholder groups

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Stakeholders

59-67

102-41

Collective bargaining agreements

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / People management / Collective agreements
Annex 6. KPI tables

196-197
337

102-42

Identifying and selecting stakeholders

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Stakeholders

59-67

102-43

Approach to stakeholder engagement

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Stakeholders

59-67

102-44

Key topics and concerns raised

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Stakeholders

59-67

102-45

Entities included in the consolidated financial statements

7. Basis for the preparation of the Report / Reporting scope
This information is provided in detail in the Consolidated Financial Statements

274

102-46

Defining report content and topic  boundaries

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Materiality
7. Basis for the preparation of the Report  / Structure and content of the Report

51-53
273

102-47

List of material topics

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Materiality

51-53

102-48

Restatements of information

The data related to energy consumption and carbon footprint for 2020 have been recalculated as a baseline in 2020 according to the GHG Protocol.

102-49

Changes in reporting

7. Basis for the preparation of the Report
   •  Structure and content of the Report
   •  Reporting scope

273

274

102-50

Period covered by the report

Fiscal Year 2021, extending from 1st of January 2021 to 31st of December 2021

102-51

Date of the last report

February 2021

102-52

Reporting cycle

Annual

102-53

Contact person for queries regarding the report

7. Basis for the preparation of the Report / Contact information

278

102-54

Claims of reporting in accordance with the GRI Standards

Basis for the preparation of the Report / Structure and content of the report.

102-55

GRI content index

8. Annexes / Annex 4. GRI Content Index

323-332

102-56

External assurance

8. Annexes / Annex 9. Independent Limited Verification Report

357-363

103-1

Explanation of the material topic and its Boundary

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Materiality

51-53

103-2

The management approach and its components

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Management and follow up of main risks, opportunities and environmental impacts

232-238

103-3

Evaluation of the management approach

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Management and follow up of main risks, opportunities and environmental impacts

232-238

307-1

Non-compliance with environmental laws and regulations

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Management and follow up of main risks, opportunities and environmental impacts

232-238

308-1

New suppliers that were screened using environmental criteria

6. VALUE CHAIN – Extend our commitment to the value chain / Suppliers /  Supplier evaluation, selection and monitoring

271

308-2

Negative environmental impacts in the supply chain and actions taken

6. VALUE CHAIN – Extend our commitment to the value chain / Suppliers / Cellnex Supply Chain and Engagement with suppliers

271

Other Indicators

304-1

Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas

5. ENVIRONMENT – Grow with a long-term sustainable environmental approach / Biodiversity

250-253

304-2

Significant impacts of activities, products and services on biodiversity

5. ENVIRONMENT – Grow with a long-term sustainable environmental approach / Biodiversity

250-253

103-1

Explanation of the material topic and its Boundary

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Materiality

51-53

103-2

The management approach and its components

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Carbon footprint and climate change

245-249

103-3

Evaluation of the management approach

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Carbon footprint and climate change

245-249

305-1

Direct GHG emissions (scope 1)

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Carbon footprint and climate change

Annex 6. KPI tables

245-249
347-349

305-2

Indirect GHG emissions when generating energy (scope 2)

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Carbon footprint and climate change

Annex 6. KPI tables

245-249
347-349

305-3

Other indirect GHG emissions (scope 3)

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Carbon footprint and climate change
Annex 6. KPI tables

245-249
347-349

305-4

GHG emissions intensity

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Carbon footprint and climate change
Annex 6. KPI tables

245-249
347-349

305-5

Reduction of GHG emissions

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Carbon footprint and climate change

245-249

103-1

Explanation of the material topic and its Boundary

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Materiality

51-53

103-2

The management approach and its components

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Sustainable use of resources

239-244

103-3

Evaluation of the management approach

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Sustainable use of resources

239-244

302-1

Energy consumption in the organisation

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Sustainable use of resources / Energy management

Annex 6. KPI tables

239-242
345-346

302-2

Energy consumption outside the organisation

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Sustainable use of resources / Energy management
Annex 6. KPI tables

239-242
345-346

302-4

Reduction of energy consumption

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Sustainable use of resources / Energy management

239-242

Other Indicators

303-1

Interactions with water as a shared resource

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Sustainable use of resources / Management of other resources / Water consumption

242

303-2

Management of water discharge related impacts

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Sustainable use of resources / Management of other resources / Water consumption

242

303-5

Water consumption

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Sustainable use of resources / Management of other resources / Water consumption

Annex 6. KPI tables

242
350

306-1

Waste generation and significant waste-related impacts

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Sustainable use of resources / Management of other resources
   •  Waste management
   •  Life Cycle Assessment (LCA) of Telecommunications Infrastructure Services (TIS)

243
243-244

306-2

Management of significant waste-related impacts

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Sustainable use of resources / Management of other resources
   •  Waste management
   •  Life Cycle Assessment (LCA) of Telecommunications Infrastructure Services (TIS)

243
243-244

306-3

Waste generated

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Sustainable use of resources / Management of other resources
   •  Waste management
   •  Life Cycle Assessment (LCA) of Telecommunications Infrastructure Services (TIS)

243
243-244

306-4

Waste diverted from disposal

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Sustainable use of resources / Management of other resources
   •  Waste management
   •  Life Cycle Assessment (LCA) of Telecommunications Infrastructure Services (TIS)

243
243-244

306-5

Waste directed to disposal

5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Sustainable use of resources / Management of other resources
   •  Waste management
   •  Life Cycle Assessment (LCA) of Telecommunications Infrastructure Services (TIS)

238
238-239

103-1

Explanation of the material topic and its Boundary

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Materiality

51-53

103-2

The management approach and its components

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / Culture

167-186

103-3

Evaluation of the management approach

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / Culture

167-186

Minimum notice periods regarding operational changes

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / People management / Social dialogue

197-198

103-1

Explanation of the material topic and its Boundary

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Materiality

51-53

103-2

The management approach and its components

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees
   •  Culture /Empowering our talent by being diverse and inclusive / Equality Plan and Harassment and discrimination Protocol
   •  Culture / Empowering our talent by being diverse and inclusive

180-181
169-181

103-3

Evaluation of the management approach

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees
   •  Culture /Empowering our talent by being diverse and inclusive / Equality Plan and Harassment and discrimination Protocol
   •  Culture / Empowering our talent by being diverse and inclusive

180-181
169-181

405-1

Diversity of governing bodies and employees

2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance / Corporate Governance / The Cellnex Board of Directors
3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees
Annex 6. KPI tables

91-92
164-165
324-339

405-2

Ratio of basic salary and remuneration of women to men

Annex 6. KPI tables

340-341

406-1

Incidents of discrimination and corrective actions taken

2. GOVERNANCE – Showing what we are, acting with integrity / Global Management System / Cellnex Commitment to Human Rights

115-116

103-1

Explanation of the material topic and its Boundary

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Materiality

51-53

103-2

The management approach and its components

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / Talent

190-194

103-3

Evaluation of the management approach

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / Talent

190-194

202-1

Ratios of standard entry level wage by gender compared to local minimum wage

Annex 6. KPI tables

341

202-2

Proportion of senior management hired from the local community

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / Culture / Empowering our talent by being diverse and inclusive

167-186

401-1

New employee hires and employee turnover

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees

Annex 6. KPI tables

164-165

338-339

103-1

Explanation of the material topic and its Boundary

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Materiality

51-53

103-2

The management approach and its components

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / People management / Talent / Training

194

103-3

Evaluation of the management approach

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / People management / Talent / Training

194

404-1

Average hours of training per year per employee

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / People management / Talent / Training
Annex 6. KPI tables

194
342

404-2

Programmes to improve employee skills and transition assistance programmes

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / People management / Talent / Training

194

103-1

Explanation of the material topic and its Boundary

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Materiality

51-53

103-2

The management approach and its components

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / Work health and safety

199-205

103-3

Evaluation of the management approach

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / Work health and safety

199-205

403-1

Occupational health and safety management system

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / Work health and safety

199-205

403-2

Hazard identification, risk assessment, and incident investigation

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / Work health and safety

199-205

403-3

Occupational health services

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / Work health and safety

199-205

403-4

Worker participation, consultation, and communication on occupational health and safety

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / Work health and safety

199-205

403-5

Worker training on occupational health and safety

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / Work health and safety

199-205

403-6

Promotion of worker health

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / Work health and safety

199-205

403-7

Prevention and mitigation of occupational health and safety impacts directly linked by business relationships

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / Work health and safety

199-205

403-8

Workers covered by an occupational health and safety management system

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / Work health and safety

199-205

403-9

Work-related injuries

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / Work health and safety / Accident rate and absenteeism

Annex 6. KPI tables

205

343-344

403-10

Work-related ill health

3. PEOPLE – Boosting our talent, being diverse and inclusive / Commitment to our employees / Work health and safety / Accident rate and absenteeism

Annex 6. KPI tables

205

343-344

103-1

Explanation of the material topic and its Boundary

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Materiality

51-53

103-2

The management approach and its components

1. CELLNEX: European leader in telecommunications infrastructure
   •  Sustainable Development Goals
   •  Present context
   •  Innovation
4. SOCIETY – Being a facilitator of social progress / Cellnex Socioeconomic impact

68-71
72-80
81-87
224-227

103-3

Evaluation of the management approach

1. CELLNEX: European leader in telecommunications infrastructure
   •  Sustainable Development Goals
   •  Present context
   •  Innovation
4. SOCIETY – Being a facilitator of social progress / Cellnex Socioeconomic impact

68-71
72-80
81-87
224-227

203-1

Investments in infrastructure and supported services

1. CELLNEX: European leader in telecommunications infrastructure
   •  Sustainable Development Goals
   •  Present context
   •  Innovation
4. SOCIETY – Being a facilitator of social progress / Cellnex Socioeconomic impact

68-71
72-80
81-87
224-227

103-1

Explanation of the material topic and its Boundary

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Materiality

51-53

103-2

The management approach and its components

4. SOCIETY – Being a facilitator of social progress / Social contribution

208-223

103-3

Evaluation of the management approach

4. SOCIETY – Being a facilitator of social progress / Social contribution

208-223

204-1

Proportion of procurement from local suppliers

6. VALUE CHAIN – Extend our commitment to the value chain / Suppliers / Cellnex Supply Chain and Engagement with suppliers

263-270

413-1

Operations with local community engagement, impact assessments, and development programmes

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision
   •  Materiality / ESG Master Plan
   •  Stakeholders
2. GOVERNANCE – Showing what we are, acting with integrity / Investor Relations
4. SOCIETY – Being a facilitator of social progress / Social contribution
   •  Commitment to society
   •  Cellnex collaboration with society
   •   Cellnex Foundation

54-59
59-67
153-161
208-214
214-215
215-223

Other indicators

414-1

New suppliers that were screened using social criteria.

6. VALUE CHAIN – Extend our commitment to the value chain / Suppliers / Supplier evaluation, selection and monitoring

271

414-2

Negative social impacts in the supply chain and actions taken

6. VALUE CHAIN – Extend our commitment to the value chain / Suppliers
   •  Cellnex Supply Chain and Engagement with suppliers
   •  Supplier evaluation, selection and monitoring

263-270
271

103-1

Explanation of the material topic and its Boundary

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Materiality

51-53

103-2

The management approach and its components

1. CELLNEX: European leader in telecommunications infrastructure / Present context / Exposure to electromagnetic fields

77-80

103-3

Evaluation of the management approach

1. CELLNEX: European leader in telecommunications infrastructure / Present context / Exposure to electromagnetic fields

77-80

416-1

Assessment of the health and safety impacts of product and service categories

1. CELLNEX: European leader in telecommunications infrastructure / Present context / Exposure to electromagnetic fields

77-80

103-1

Explanation of the material topic and its Boundary

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Materiality

51-53

103-2

The management approach and its components

2. GOVERNANCE – Showing what we are, acting with integrity / Global Management System / Integrated Management System
6. VALUE CHAIN – Extend our commitment to the value chain / Customers / Information Security

105-106
260-263

103-3

Evaluation of the management approach

2. GOVERNANCE – Showing what we are, acting with integrity / Global Management System / Integrated Management System
6. VALUE CHAIN – Extend our commitment to the value chain / Customers / Information Security

105-106
260-263

418-1

Substantiated complaints concerning breaches of customer privacy and losses of customer data

6. VALUE CHAIN – Extend our commitment to the value chain / Customers
   •  Customer Service
   •  Customer Engagement

257-259
259-260

103-1

Explanation of the material topic and its Boundary

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Materiality

51-53

103-2

The management approach and its components

2. GOVERNANCE – Showing what we are, acting with integrity
   •   Context and business development
   •   Business perspective

117-150
151-152
This information is provided in detail in the Consolidated Annual Accounts

103-3

Evaluation of the management approach

2. GOVERNANCE – Showing what we are, acting with integrity
   •   Context and business development
   •   Business perspective

117-150
151-152
This information is provided in detail in the Consolidated Annual Accounts

201-4

Financial assistance received from government

No significant financial assistance has been received from the government.

207-1

Approach to tax

2. GOVERNANCE – Showing what we are, acting with integrity
   •   Context and business development
   •   Business perspective

117-150
151-152
This information is provided in detail in the Consolidated Annual Accounts

207-2

Tax governance, control, and risk management

2. GOVERNANCE – Showing what we are, acting with integrity
   •   Context and business development
   •   Business perspective

117-150
151-152
This information is provided in detail in the Consolidated Annual Accounts

207-3

Stakeholder engagement and management of concerns related to tax

2. GOVERNANCE – Showing what we are, acting with integrity
   •   Context and business development
   •   Business perspective

117-150
151-152
This information is provided in detail in the Consolidated Annual Accounts

207-4

Country-by-country reporting

2. GOVERNANCE – Showing what we are, acting with integrity
   •   Context and business development
   •   Business perspective

117-150
151-152
This information is provided in detail in the Consolidated Annual Accounts

103-1

Explanation of the material topic and its Boundary

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Materiality

51-53

103-2

The management approach and its components

2. GOVERNANCE – Showing what we are, acting with integrity / Global Management System / Risk Management
4. SOCIETY – Being a facilitator of social progress / Cellnex Socio-economic impact
5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Management and follow up of main risks, opportunities and environmental impacts
Annex 1. Risks

106-110
224-227
232-238
280-313

103-3

Evaluation of the management approach

2. GOVERNANCE – Showing what we are, acting with integrity / Global Management System / Risk Management
4. SOCIETY – Being a facilitator of social progress / Cellnex Socio-economic impact
5. ENVIRONMENT – Growing with a long-term sustainable environmental approach / Management and follow up of main risks, opportunities and environmental impacts
Annex 1. Risks

106-110
224-227
232-238
280-313

103-1

Explanation of the material topic and its Boundary

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Materiality

51-53

103-2

The management approach and its components

2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance / Corporate Governance

90-104

103-3

Evaluation of the management approach

2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance / Corporate Governance

90-104

415-1

Political contributions

In 2021, as in 2020, there were no contributions to political parties and/or representatives

103-1

Explanation of the material topic and its Boundary

1. CELLNEX: European leader in telecommunications infrastructure / Strategic vision / Materiality

51-53

103-2

The management approach and its components

2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance / Ethics and regulatory compliance

99-104

103-3

Evaluation of the management approach

2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance / Ethics and regulatory compliance

99-104

205-2

Communication and training about anti-corruption policies and procedures

2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance / Ethics and regulatory compliance

99-104

205-3

Confirmed incidents of corruption and actions taken

2. GOVERNANCE – Showing what we are, acting with integrity / Corporate Governance / Ethics and regulatory compliance

99-104

206-1

Legal actions for anti-competitive behavior, anti-trust, and monopoly practices

In the 2021 financial year, as in the 2020 financial year, Cellnex has not received any lawsuits for unfair or monopolistic competition practices, nor has any ex officio file been initiated in this regard by the market and competition supervision authorities. Likewise, no firm sanction, pecuniary or otherwise, has been imposed due to the practices described.

407-1

Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk

2. GOVERNANCE – Showing what we are, acting with integrity / Global Management System/ Cellnex's Commitment to Human Rights

115-116

407-1

Operations and suppliers at significant risk for incidents of child labour

2. GOVERNANCE – Showing what we are, acting with integrity / Global Management System/ Cellnex's Commitment to Human Rights

115-116

409-1

Operations and suppliers at significant risk for incidents of forced or compulsory labour

2. GOVERNANCE – Showing what we are, acting with integrity / Global Management System/ Cellnex's Commitment to Human Rights

115-116

412-2

Employee training on human rights policies or procedures

2. GOVERNANCE – Showing what we are, acting with integrity / Global Management System/ Cellnex's Commitment to Human Rights

115-116

419-1

Non-compliance with laws and regulations in the social and economic area

In 2021, as in 2020, there have been no sanctions for non-compliance with laws and regulations in the social and economic fields