Liberty Tire Recycling | 2022 Environmental, Social & Governance Report 46 GRI CONTENT INDEX 2-9 Governance structure and composition Our Approach to Sustainability (p. 10-12), Engaging People and Communities (p. 30) Liberty Tire and it’s various entities are governed by Delaware corporate and partnership code. We are governed by a six person Board of Directors and General Partner level, with the CEO being one of the Board Members. All current Board Members were assigned in 2021 and have remained in place in 2022. We have a Board-level Audit Committee that reviews the yearly audit and other significant financial matters. Authority for day-to-day oversight is delegated to the officers and senior management of the Company, who update the Board on a regular basis. Risk Management is ultimately overseen by our Board of Directors but is led day-to-day by our General Counsel and Corporate Secretary, who reports to the CEO and the Board. The Corporate Secretary updates the Board on our risk management efforts at least quarterly and more often when circumstances require. We have recently hired a Director of Insurance and Enterprise Risk Management, who reports to the General Counsel and Corporate Secretary, to supplement and take our risk management efforts to the next level. The Board of Directors and Officers of LTR exercise all their fiduciary duties (Duty of Care and Duty of Loyalty) with the utmost diligence. To ensure that board directors act in an ethical an independent manner, members are required to undergo annual ethics, conflicts of interest, and business code of conduct training. Board members ensure that stakeholder feedback from sustainability materiality assessments are thoroughly reviewed and implemented in committee meetings and actions. 2-11 Chair of the highest governance body Tyler Reeder, Managing Partner - Energy Capital Partners (ECP). Mr. Reeder is the highest ranking individual from ECP and therefore acts as the Chairman of the Board at Liberty Tire Recycling. 2-14 Role of the highest governance body in sustainability reporting Letter from the CEO (p. 2) While overseen and reviewed by the Board, the drafing, approval, and publication of this report is a management function. Mr. Thomas Womble is the CEO and also a Board member. 2-15 Conflicts of interest Operating Responsibly (p. 41) Omission Statement: Liberty Tire does not report on the how conflicts of interest are disclosed to the stakeholders during the reporting period. At this time, information is considered confidential and is therefore not reported on publicly. Reason for Omission: Confidentiality Constraints 2-16 Communication of critical concerns Operating Responsibly (p. 41-42) Omission Statement: Liberty Tire does not report on total number and the nature of critical concerns that were communicated to the highest governance body during the reporting period. At this time, this information is considered confidential and is therefore not reported on publicly. Reason for Omission: Confidentiality Constraints 2-23 Policy commitments Operating Responsibly (p. 41-42), Engaging People and Communities (p. 30-38), Our Approach to Sustainability (p. 10,12) Liberty Tire uses due diligence processes and the precautionary principle when creating and enforcing policy commitments. Liberty Tire implements human rights considerations into all policy commitments. Policy commitments are communicated to business partners and other relevant third parties through our supplier code of conduct. Adherence to our supplier code of conduct is mandatory for continued business with Liberty Tire. Policy commitments are approved by the legal department. Omission Statement: Liberty Tire does not currently use authoritative intergovernmental instruments to create ESG policies. Reason for Omission: Not applicable Omission Statement: Liberty Tire does not currently publicly disclose policy commitments. Reason for Omission: Confidentiality Constraints 2-24 Embedding policy commitments Operating Responsibly (p.41-42)
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