Reykjavik Energy Group's sustainability report is prepared in accordance with guidelines from Nasdaq in Iceland and the Nordic Countries, published in March 2017, and updated in May 2019. These instructions are based on recommendations from the United Nations, the Sustainable Stock Exchange Initiative, and a steering group at the World Federation of Exchanges. In addition, a reference to the United Nations' Sustainable Development Goals (SDG's), and changes in directives regarding annual financial statements, No. 3/2006, with later amendments.

The Board of Directors of Reykjavik Energy Group has decided to place emphasis on five of the UN Sustainable Development Goals. The presentation of the SDG's in this report is based on their highlights. The goals are:

• #5 Gender Equality.
• #6 Clean Water and Sanitation.
• #7 Sustainable Energy.
• #12 Responsible Consumption and Production.
• #13 Climate Action.

The main authors of Reykjavik Energy Group's Annual Report of 2022 are:

Eiríkur Hjálmarsson Head of Sustainability, Hólmfríður Sigurðardóttir Head of Environmental Affairs, Þorsteinn Ari Þorgeirsson geoscientist, Snorri Jökull Egilsson specialist in environmental and climate affairs, Ása Björk Jónsdóttir analysis specialist, and Davíð Örn Ólafsson, financial specialist.

Web design: Overcast

Head photographs in the report are by Haukur Snorrason.