19 Financial Materiality The assessment of risks and opportunities was conducted with the support of senior management through a dedicated evaluation tool, designed to combine the potential financial effects with their probability of occurrence. Materiality was expressed through a 1-to-4 scoring system, taking into account potential impacts on the organization’s development, economic and financial results, cash flows, and access to capital. For risks, both inherent (assessed without considering existing mitigation measures) and residual risks were evaluated, in line with ESRS requirements. This approach also provides Osculati with an operational tool to map and monitor ESG risk management over time. The results were then processed numerically to determine the risks and opportunities considered material, based on predefined materiality thresholds. Results As described, the identification of material IROs was based on assigning a specific threshold to each category. Any IRO whose aggregate score met or exceeded the defined threshold was considered material. Consequently, any topic with at least one material IRO was classified as material for reporting purposes. The overall assessment identified 17 material topics for Osculati. For each of these, the Company provides disclosures aligned with the applicable thematic ESRS requirements. Finally, the results of the double materiality assessment were shared with the internal Working Group. The entire process will be updated annually to ensure alignment with the evolving regulatory and operational context. The level of review may vary depending on business circumstances and market dynamics. The following table presents, for each material topic, the related impacts (positive and negative, actual and potential), risks, and opportunities that exceeded the defined materiality threshold and therefore determined its classification as material.
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