Governance & regulatory information Chairman’s letter continued SUSTAINABILITY AND CLIMATE CHANGE The Board has spent a significant amount of its time this year discussing climate change and sustainability, The Board is committed to reflecting our increased focus and ambition in this area. We have announced ambitious long-term carbon emissionsreduction targets that are Paris-aligned, and are supportersensuring that Dunelm makes of the British Retail Consortium’s Climate Action Roadmap its own contribution to which aims to makethe industryneterzo by0402 . addressing the world’s climate A major, ongoing, workstream is our preparation to meet the guidelines set by the Task Force on Climate-related change and biodiversity Financial Disclosures (TCFD) by FY22. This work has led to a step-change in how we organise ourselves to understand, challenge, as specifically manage and mitigate risks associated with climate change – and to realise the considerable opportunities from doing referenced in both our purpose this at a strategic level. The Board is committed to ensuringand shared values.” that Dunelm makes its own contribution to addressing the world’s climate change and biodiversity challenge as specifically referenced in both our purpose and shared values. AGM GOVERNANCE AND REPORTING DEVELOPMENTS At our AGM this year, in line with our policy, all Directors It was another busy year in terms of governance reform, will be seeking reappointment. In addition, in accordance guidance and new reportingbest practices. We adopted with the Listing Rules, each of the Non-Executive Directors the 2018 UK Corporate Governance Code last year, and will also be subject to a vote of shareholders independent our report wasreceived positively from our investment of the Adderley family. As our largest shareholder, Sir Will community. This year we have considered additional Adderley, reduced his shareholding slightly in the year, we published guidance, including the Financial Reporting are required to seek a Rule 9 waiver to allow us to buy back Council (FRC) guidelines on reporting under s172 shares to fulfil colleague share option entitlements. We Companies Act 2006. Our s172 report is set out on pages hope that shareholders will support this resolution, which 103 to 113 of this Governance Report and in our Strategic is limited to this purpose only. Report on pages 14 to 17, with our s172 statement on page 91. I look forward to meeting shareholders at the AGM. We have a pragmatic approach to planning for the Yours sincerely, evolving reporting landscape. Every year we aim to lay the groundwork for upcoming regulatory changes and important guidance. We aim to adopt the same approach Andy Harrison for the forthcoming audit reforms and climate change Chairman reporting and you will notice these are already being considered by our Board and Committees. 8 September 2021 94 DUNELM GROUP PLC ANNUAL REPORT & ACCOUNTS 2021