Breakout Session 1 – ESG+F

Laney Brown, VP Sustainability

Kyra Patterson, CHRO & EH&S
Scott Mahoney, General Counsel & Corporate Secretary

INVESTOR DAY 2022 | www.avangrid.com |1

 INVESTOR DAY
Legal Notice
FORWARD LOOKING STATEMENTS
Certain statements in this release may relate to our future business and financial performance and future events or developments involving us and our subsidiaries that are not purely historical and
may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of forward-looking
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limited to, statements about our plans, objectives and intentions, outlooks or expectations for earnings, revenues, expenses or other future financial or business performance, strategies or
expectations, or the impact of legal or regulatory matters on business, results of operations or financial condition of the business and other statements that are not historical facts. Such statements
are based upon the current reasonable beliefs, expectations, and assumptions of our management and are subject to significant risks and uncertainties that could cause actual outcomes and
results to differ materially. Important factors are discussed and should be reviewed in our Form 10-K and other subsequent filings with the SEC. Specifically, forward-looking statements include,
without limitation: the future financial performance, anticipated liquidity and capital expenditures; actions or inactions of local, state or federal regulatory agencies; the ability to recruit and retain a
highly qualified and diverse workforce in the competitive labor market; changes in amount, timing or ability to complete capital projects; adverse developments in general market, business,
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incidents, grid disturbances, acts of war or terrorism, civil or social unrest, natural disasters, pandemic health events or other similar occurrences; the impact of any change to applicable laws and
regulations, including those subject to referendums affecting the ownership and operations of electric and gas utilities and renewable energy generation facilities, respectively, including, without
limitation, those relating to the environment and climate change, taxes, price controls, regulatory approval and permitting; our ability to close the proposed Merger (as defined below), the
anticipated timing and terms of the proposed Merger, our ability to realize the anticipated benefits of the proposed Merger and our ability to manage the risks of the proposed Merger; the COVID-
19 pandemic, its impact on business and economic conditions and the pace of recovery from the pandemic; the implementation of changes in accounting standards; adverse publicity or other
reputational harm; and other presently unknown unforeseen factors.
Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may vary in material respects from those expressed or
implied by these forward-looking statements. You should not place undue reliance on these forward-looking statements. We do not undertake any obligation to update or revise any forward-looking
statements to reflect events or circumstances after the date of this report, whether as a result of new information, future events or otherwise, except as may be required under applicable securities
laws. Other risk factors are detailed from time to time in our reports filed with the SEC, and we encourage you to consult such disclosures.
About AVANGRID: AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $40 billion in
assets and operations in 24 U.S. states, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns and operates eight electric and
natural gas utilities, serving more than 3.3 million customers in New York and New England. Avangrid Renewables owns and operates a portfolio of renewable energy generation facilities across
the United States. AVANGRID employs more than 7,000 people and has been recognized by JUST Capital in 2021 and 2022 as one of the JUST 100 companies – a ranking of America’s best
corporate citizens. In 2022, AVANGRID ranked second within the utility sector for its commitment to the environment and the communities it serves. The company supports the U.N.’s Sustainable
Development Goals and was named among the World’s Most Ethical Companies in 2022 for the fourth consecutive year by the Ethisphere Institute. For more information, visit www.avangrid.com.

www.avangrid.com |2
 ESG+F = Sustainable Value INVESTOR DAY 2022

W E A S P I R E T O B E T H E L E A D I N G S U S TA I N A B L E E N E R G Y C O M PA N Y I N T H E U . S .

 ENVIRONMENT…
Road to carbon neutrality; proactively
addressing our changing world
 SOCIAL…
Serving our customers & communities;
building on our diversity & inclusion
 GOVERNANCE…
Board, management & policies aligned to
support our sustainability goals
 FINANCIAL…
Delivering long-term consistent financial
performance & building shareholder value

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AVANGRID ESG Achievements INVESTOR DAY 2022

AV A N G R I D : S U S T A I N E D L E A D E R S H I P I N A L L A S P E C T S O F E S G

E
Sustained Leader in emissions
S G
Creating better outcomes for Best in Class Governance and
reduction and energy employees, customers and Sustainability system
transition communities  Governance and sustainability
Since 2015:  Strong Social Policies and system that incorporates
sustained social commitments best governance practices
 Emissions intensity >6X lower
than the US utility average(1)  32% women in Executive positions  Annual Ethics & Compliance
Certification and annual Independent
 >90% emission free capacity  Gender parity goal for women in Governance Assessment and
 Leading net zero senior leadership Recommendations for AVANGRID,
commitments since 2017  Community Goals: Diverse its committees and principal
suppliers – Volunteer Hours subsidiaries
 Net Zero ambitions before
2040  Recognized social leadership:  Ethisphere’s World’s Most Ethical
FTSE for Good (5 years) Company since 2019
 Member of S&P500 Global
Clean Energy Index Just100 (2 years), Just100  Overwhelming shareholder support
Workforce Equity & Mobility with 99% annual meeting participation
and approval of all proposals
(1) Source: U.S. DOE EIA Electric Power Monthly (March 2022, with data for Dec’21)
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ESG+F Goals - Environmental INVESTOR DAY 2022

W E H AV E B O L D A N D L E A D I N G E N V I R O N M E N T A L G O A L S ( 1 )

AGR Target Values

Year Goal
Targets Metrics
Achieved 2021 2025 2030
Net Zero Strategy(2) Scopes 1 and 2 carbon neutral by 2030 Net Zero Strategy
NEW
2030 Implementation
ENVIRONMENTAL

Emissions Intensity Associated with gCO2/kWh 2030 58 42 18

NEW
Generation (% reduction from 2015) (9%) (35%) (70%)
Emission Free Installed Capacity MW/ 2025 8.2 10.1 16.9
NEW
% growth from 2015 (48%) (74%) (190%)
Green Hydrogen NEW Installed capacity (kton) 2030 48.0

Storage Capacity Installed storage (MWh) 2030 220 1,050

Network EV Charging Points Installed chargers (ks) 2030 3 15

Sustainable Light Vehicle Fleet % of light vehicle fleet 2030 5% 30% 100%

Renewable Electricity in Corporate Buildings % of electricity consumption 2030 5% 25% 100%

Scope 1 emissions includes all direct greenhouse gas emissions from sources that are owned or controlled by the AVANGRID Group such as power generation facilities, offices and fleet vehicles. Scope 2 emissions includes indirect
greenhouse gas emissions associated with the generation of purchased energy consumed by the AVANGRID Group, including grid losses during the distribution of third-party power. Scope 3 emissions are all other indirect greenhouse gas
emissions occurring in the AVANGRID Group value chain, such as emissions from supply chain, electricity purchased for end users, and gas supplied to final customers. Greenhouse gases include carbon dioxide (CO2), sulfur hexafluoride
(SF6), and methane (CH4). Neutrality targets excludes PNM Resources (PNMR).

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 Our Vision INVESTOR DAY 2022

N E T Z E R O S T R AT E G Y ( 1 ) :
L E A D I N G T H E W AY T O A C L E A N E N E R G Y F U T U R E
Avangrid's Actions, Investments, and Goals Demonstrate
our Commitment to achieving our Net Zero Strategy
Net Zero Strategy Actions Underway Planned
Actions and Plans(2)

~10 GW Emissions Free 25 GW Renewable Pipeline

Capacity by 2025 190% capacity increase (2030)

~100 miles of leak prone pipeline 100% leak prone pipe replacement
Target Scopes 1 & 2 replaced annually - $110M (2020-2025)
Carbon Neutral by 2030 100% Sustainable light duty fleet by 2030
20%+ light duty fleet replacement (2022)
100% Renewable Electricity
Deploying storage and RNG solutions in Corporate Buildings (2030)
> 70% of renewable generation (RPS)
Solar installations at 15
for CT, ME and NY by 2030
largest corporate buildings

(1) Excludes PNMR. PNMR has a goal to be carbon free by 2040. (Including PNMR emissions forecast, Scope 1 absolute and intensity emissions are expected to decline ~70% and ~ 80%
respectively in 2025 vs 2015).
(2) Scope 3 strategy in development

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Leading the Way to a Clean Energy Future INVESTOR DAY 2022

I N V E S T I N G I N R E N E WA B L E S T O D E C A R B O N I Z E T H E E C O N O M Y

 CO2 emissions intensity decreased 30% vs 2020 & is KEY ESG Goals(2)
> 6x lower than U.S. Utility average in 2021(1)
Scope 1 GHG emissions
 3rd largest renewable operator in the U.S.; ~ 70
intensity reduction by 70%
operational wind & solar facilities by 2030 vs. 2015
 5% of the wind energy generated in the U.S. in 2021
came from AVANGRID wind facilities(3)
Green Hydrogen – 48 ktons
capacity by 2030
Green H2

Storage – 1,050 MWh by

2030

(1) Source: U.S. DOE EIA Electric Power Monthly (March 2022, with data for Dec’21).
(2) Excludes PNMR. PNMR has a goal to be carbon free by 2040. (Including PNMR emissions forecast, Scope 1 absolute and intensity emissions are
expected to decline ~70% and ~ 80% respectively in 2025 vs 2015).
(3) Source: U.S. Energy Information Administration, Monthly Energy Review, Feb '22
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ESG+F Goals – Social INVESTOR DAY 2022

S O C I A L G O A L S (1) R E F L E C T T H E K E Y VA L U E A R E A O F S O C I A L I M PA C T

AGR Target Values

Year Goal
Targets Metrics
Achieved 2021 2025 2030
Women in Executive Positions % women in Executive 2025 28% 35%
NEW
Positions
Women in Senior Leader Positions % women in Senior 2030 29% 40% 50%
(Paradigm for Parity) Positions
3rd party pay equity analysis NEW 3rd party pay Maintain   
SOCIAL

performed and actioned annually equity analysis

Accident rate (employees) NEW TRIR 2030 2.69 1.85 1.61

Employees under ISO45001 % employees Maintain 98% 98% 98%
NEW
certification
Employee training NEW Hours per employee per 2025 36 40 40
year
Cyber Security Training NEW Number of hours (ks) 2030 27.9 28.6 29.3
Corporate Volunteering # hours 2025 3,000 35,000
Purchases from diverse suppliers $M in diverse suppliers 2025 $174 $300
(1) Excludes PNMR.

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Investing in our Society INVESTOR DAY 2022

P R O M O T I N G S U S TA I N TA B L E B U S I N E S S P R A C T I C E S

SUSTAINABLE COMMUNITIES
For lasting social impact
• Philanthropic Grants, Contributions &
INNOVATION Partnerships KEY ESG Goals(1)
For Clean Energy & Environment • Scholarships
• Research • Talent & Engagement
• Academic Partnerships
 35k employee volunteer
• Business Investments hours by 2025
• Infrastructure
• Environmental Programs  $300M in purchases from
diverse suppliers
CUSTOMER FOCUS ESG+F
Cost & Customer Protection  40% improvement in
• Cost Recovery / Low Income Programs employee accident rate by
• Energy Efficiency 2030
• Economic & Business
Development SAFETY
(1) Excludes PNMR.
For Employees and our Communities
• Training
• ISO 45000 Certification
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Attracting and Retaining a Diverse, Talented Workforce INVESTOR DAY 2022

B U I L D I N G V I B R A N T, E Q U I T A B L E A N D I N C L U S I V E W O R K S P A C E S

 Signed Paradigm for Parity Commitment to address the corporate

KEY ESG Goals(1)
leadership gender gap
Full gender parity (50/50) for women
 Signed PwC’s CEO Action for Diversity & Inclusion to cultivate a
in senior leadership roles by 2030
trusting environment & empower employees to have discussions about
D&I 35% of women in executive positions
 Created Diversity, Equity & Inclusion Council by 2025
 Listening to employees with our employee engagement survey (The
Expanded development and training
Loop)
opportunities
 Thriving community of business resource groups: WomENergy, AVAN-
(1) Excludes PNMR.
Veterans, AVANGRID African American Council for Excellence,
Pride@AVANGRID, CARE (A Community for All Abilities and
Resource for Excellence) Hispanic Organization for Leadership &
Awareness, AVANGRID Coalition for Asian Pacific Americans

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ESG+F Goals – Governance and Other INVESTOR DAY 2022

W E H AV E E X P A N D E D O U R G O V E R N A N C E A N D O T H E R G O A L S ( 1 )

AGR Target Values

Year Goal
Targets Metrics
Achieved
2021 2025 2030
Maintain a governance and 3rd party independent Maintain   
NEW
GOVERNANCE

sustainability system that assessment

incorporates best governance
practices in the United States
Maintain an effective compliance US best practices – Maintain   
program utilizing industry best NEW external certification
practices in the United States
Sustainable Finance % debt associated with 2025 55% 65%
NEW
FIN

sustainable criteria(1)

(1) Excludes PNMR.

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Sustainability is a Key Part of our Corporate Governance INVESTOR DAY 2022

GOVERNANCE AND COMPLI ANCE REPRESENTS BEST PRACTI CES

Sustainable Governance Initiatives 14-Member Board

 Adopted a new Diversity, Equity and Inclusion Policy 71% risk

 Updated AVANGRID’s Climate Change Policy to include new 57% independent management
emissions goals experience
 Earned the Compliance Leader Verification certification from the
Ethisphere Institute with a goal to maintain third-party verification of 29% self-identify
57% financial
Avangrid's ethics and compliance program. as female and/or
experience
 Annual evaluation of governance system and board by independent
diverse
third party with a goal to maintain ongoing review and certification.
 Established corporate ESG committee
50% of directors
~4 years of
have ESG
 Among the top 10 U.S. green bond issuers(1) average tenure
expertise

(1) Source: Bloomberg, Green Bonds outstanding as of 4/18/22.

2022 Proxy
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 AVANGRID and Peer ESG Commitments INVESTOR DAY 2022

AV A N G R I D I S A D E M O N S T R AT E D E S G L E A D E R W I T H A B R O A D S E T O F E S G
GOALS VS. SELECT PEERS
Goals Avangrid Peer A Peer B Peer C Peer D
Emission Reductions

Renewable Capacity
Scope 1
Scope 2
Scope 3 (limited)
Water Reduction
Fleet %
Chargers #
% Renewable energy for facilities

% Women in Workforce
Supplier Diversity
Volunteer Hours
Supplier Sustainability
TOTAL 11 5 5 4 9
Source: AVANGRID review of publicly available company materials; subject to change/updates.
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 ESG Leadership INVESTOR DAY 2022

3 r d P A R T Y R E C O G N I T I O N A N D P A R T I C I P AT I O N R E F L E C T S E S G L E A D E R S H I P

ESG Awards(1) ESG Participation(1)

1 of 2 utilities participating in the

1 of top 5 utilities Better Climate Challenge
in 2021-2022
2-time honoree
1 of 6 major US utility companies
with Carbon Neutrality
commitments before 2040(2)
1 of 9 honorees in the global
Energy and Utilities sector
Only US utility committing to the
4-time honoree
UN Energy Compact

1 of 9 honorees in US utility 1 of 5 utilities committed to

sector Paradigm for Parity

1 of 5 US utilities in S&P 1 of 6 utilities committed to CEO

Sustainability Yearbook Action for Diversity & Inclusion

(1) Source: AVANGRID review of publicly available company and award materials; subject to change/updates.
(2) Source: S&P IQ, 'Path to net-zero: Progress by US utilities 'too slow', December 2021; www.avangrid.com | 14
ESG+F Value Proposition INVESTOR DAY 2022

AV A N G R I D : A D E M O N S T R AT E D E S G L E A D E R

 Avangrid has led the commitment to emissions reductions since 2017 and we have continued to expand our
commitments

Commitments

Initial carbon neutral goal 50% reduction in Target Scope 1

Net Zero
for generation neutrality Scope 1 and 2 and 2 carbon neutral
Strategy
by 2035 set in 2017 by 2032 by 2030

 The breadth of our ESG commitments and recognition is the company’s differentiator
• A leader in % of renewables as % of capacity and emission intensity (>6Xs lower than industry average(1))
• Leading emissions targets
• More ESG goals than many of our peers (11 vs. <=5)
• Social impact commitments stronger than many of our peers
 Broad 3rd party recognition validates this position
 Iberdrola’s longstanding strength in sustainability reinforces our position
 Merger with PNMR will support a continued ESG expansion
(1) Source: U.S. DOE EIA Electric Power Monthly (March 2022, with data for Dec’21)
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APPENDIX

INVESTOR DAY 2022 | www.avangrid.com | 16

 INVESTOR DAY 2022
Targets/Metrics/Definition
Targets Metrics Definition
Avangrid’s definitions of carbon neutral are developed with Iberdrola's SBTi Net
Zero goal development. The definition of carbon neutral is aligned with SBTi Net
Zero guidance requirements including a 90% reduction in emissions and
neutralization of residual emissions within the defined timeframe. For this goal,
Scope 1 & 2 emissions are combined to meet the SBTi emissions reduction
target.

Scopes 1 & 2 carbon Scope 1 emissions includes all direct greenhouse gas emissions from sources
Net Zero Strategy neutral by 2030 that are owned or controlled by the AVANGRID Group such as power generation
facilities, offices, and fleet vehicles. Scope 2 emissions includes indirect
emissions derived from the company’s activity but generated by other entities,
including emissions from the generation of electricity acquired for the company’s
offices and grid losses during the distribution of third-party power. Scope 3
emissions are all other indirect greenhouse gas emissions occurring in the AVANGRID
Group value chain, such as emissions from supply chain, electricity purchased for end
users, and gas supplied to final customers. Greenhouse gases include carbon dioxide
(CO2), sulfur hexafluoride (SF6), and methane (CH4).
Emissions Intensity Associated with Emissions intensity is the carbon emissions of energy generation measured in
gCO2/kWh
Generation grams divided by the generation production measured in kwh.

Emission free installed capacity is the measurement of installed renewable

capacity (MW) from base year 2015 to 2030. Installed capacity (consolidated and
Emission Free Installed Capacity MW/% growth from 2015
minority JV equity stake) includes wind & solar, hydro, fuel cells, storage, and
green hydrogen.

Green hydrogen is hydrogen generated by renewable energy. The installed

Green Hydrogen Installed capacity (kton) capacity is based on production capacity assuming 100% operations availability
with 18.5 kg of hydrogen produced per MW per hour at 100% availability/year.
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 INVESTOR DAY 2022
Targets/Metrics/Definition

Targets Metrics Definition

The installed storage capacity is based on Avangrid's long term outlook. The
methodology for determining future storage capacity equals 1 hour of duration
Storage Capacity Installed storage (MWh)
at full load to be considered; the MWh of storage coincide in number with the
MW of installed power.
The number of plugs achieved is defined as the number of EV charging plugs
Network EV Charging Points Installed chargers (ks) supported by incentives through the EV Make-Ready Programs. The number
of chargers is reported through Annual Program Reports filed with regulators.
Percentage of Sustainable Light Vehicle Fleet in service at Avangrid relative to
the total fleet (actual count converted to percent). Sustainable vehicles include
Sustainable Light Vehicle Fleet % of light vehicle fleet electric vehicles, hybrids, plug-in hybrids, vehicles powered by ethanol,
hydrogen, and any other alternative sustainable technology to the combustion
of diesel or gasoline.
100% of the electricity consumed in Avangrid corporate buildings to come from
Renewable Electricity in Corporate renewable energy sources by 2030. The percent measurement will be based
% of electricity consumption
Buildings on buildings where 1) the market supports the purchase of renewable energy
and 2) Avangrid can purchase electricity for the facility.

“Executive Leadership Positions” equals employees in AVANGRID Global

Groups 1 & 2, which is typically those with a Vice President or equivalent title
and above, generally no more than 2 levels below CEO. Aligned with the S&P
Women in Executive Positions % women in Executive Positions
Sustainability index definition.
The goal is an annual target and will be based on the number of employees
who identify as “female” as of 12/31 of each calendar year.

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 INVESTOR DAY 2022
Targets/Metrics/Definition
Targets Metrics Definition

“Senior Leadership Positions” equals employees in AVANGRID Global Groups

1, 2 & 3, which is typically those with a Director or equivalent title and above.
Women in Senior Leader Positions Aligned with Paradigm for Parity coalition’s definition of “senior operating
% women in Senior Positions
(Paradigm for Parity) roles”.
The goal is an annual target and will be based on the number of employees
who identify as “female” as of 12/31 of each calendar year.

External (3rd Party) Pay Equity

Engagement with an organization external to AVANGRID to identify
Pay equity analysis analysis completed and actioned
remuneration gaps and take applicable action.
annually

TRIR = Recordable Injuries * 200,000 / Hours Worked

Recordable injury = Lost time incident + Restricted case incident + Medical
Treatment Incident
Accident rate (employees) TRIR Injuries that are NOT included in this metric include suicide, non-traumatic
injury, commuting accidents, injuries exacerbated from a pre-existing
condition, animal bites, at home injuries, injuries during a crime or workplace
aggression

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 INVESTOR DAY 2022
Targets/Metrics/Definition
Targets Metrics Definition

ISO 45001 specifies requirements for an occupational health and safety

(OH&S) management system, and gives guidance for its use, to enable
organizations to provide safe and healthy workplaces by preventing work-
related injury and ill health, as well as by proactively improving its OH&S
performance.
The ISO 45001 Health and Safety Management System implemented by
AVANGRID covers AVANGRID employees in both Renewables and Networks
business areas. Covered employees and geographical locations are defined
Employees under ISO45001
% employees in the scope of the ISO45001 Certificate(s). ISO 45001 Management
certification
System(s) will be certified and audited by an accredited ISO registrar. For
reporting purposes, contractors and vendors are NOT covered by
AVANGRID’s ISO 45001 system and are out of scope for this measurement.
The calculation method and reporting criteria reflects the number of AVAGRID
Employees covered within the scope of an externally certified ISO45001
management system. 'The ISO 45001 HSMS(s) implemented by AVANGRID
covers all workers and operations in both Renewables and Networks business
areas.

Total number of training hours provided to employees in the year over average
Employee training Hours per employee per year
headcount.

Total number of education and training hours conducted annually to promote a

culture of cybersecurity and substantially reduce the number of incidents
caused by inappropriate cybersecurity behavior by employees, thereby
Cyber Security Training Number of hours
increasing the robustness of cybersecurity. The total hours are calculated
based on the number of hours per course times the number of attendees over
a reporting year.

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 INVESTOR DAY 2022
Targets/Metrics/Definition
Targets Metrics Definition

The volunteering hours refers to the hours of volunteer time as reported by

Corporate Volunteering Number of hours Avangrid employees and their accompanying participants in Volunteering
activities held during the reporting year.

Supplier diversity includes purchasing goods and services from Suppliers

within the following business classifications (at least 51% owned): minority-
owned, women-owned, service-disabled veteran-owned, veteran-owned,
people with disabilities, and lesbian, gay, bisexual and transgender (LGBTQ+)
Purchases from diverse suppliers $M in diverse suppliers
owned businesses. The goal is calculated based on the dollars spent with
Diverse Suppliers, including 2nd Tier spend from our suppliers.
Tenders over $1M must include at least one (1) Diverse Supplier in the tender
bid invitation list unless justification is provided.

Avangrid not only aspires to minimum and mandatory compliance with

external standards, but also with its own Governance and Sustainability
Maintain a governance and System, which is subject to continuous improvement to incorporate best
sustainability system that 3rd party independent practices, generally recognized in international markets, in the areas of good
incorporates best governance assessment corporate governance and transparency, in accordance with the corporate
practices in the United States interest. The degree of compliance with the good governance
recommendations in force in the United States and position in international
reference indices with be completed through a 3rd party assessment.

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 INVESTOR DAY 2022
Targets/Metrics/Definition

Targets Metrics Definition

Obtaining annual certifications/validations from independent third-parties for

the Compliance System and the Crime Prevention programs includes
obtaining one or more of the following certifications or validations: (i) ISO-
UNE 37001 and/or UNE 19601 standard issued by AENOR, or another
certifying entity, which certify the existence of an anti-corruption and/or a
Maintain an effective compliance criminal compliance management system, (ii) the audits or reviews of the
US best practices – external
program utilizing industry best Programs for the prevention of crimes carried out by prestigious firms, (iii) the
certification
practices in the United States reviews or audits of the Compliance Systems carried out by independent
entities and of recognized prestige such as Ethisphere, specifically the
Compliance Leader verification or other entities or firms of recognized prestige
and (iv) other recognitions or seals granted to companies that have effective
compliance and integrity programs, such as the inclusion in the list of World
Most Ethical Companies or the Pro Ethics seal.

Maximize % debt associated The % of consolidated debt, committed credit lines and tax equity (at book
Sustainable Finance
with sustainable criteria value) bearing a sustainable label.

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