GRESB awards Speed Fibre Group a five-star 99/100 rating for ESG performance and management

Speed Fibre Group, the home of telecommunications companies Enet and Magnet +, named as number one company in European fibre network industry by Global Real Estate Sustainability Benchmark (GRESB)

• Globally recognised GRESB gives Speed Fibre Group a five-star 99/100 rating for ESG performance and management– well in excess of average result of 86

• Speed Fibre Group also recognised by GRESB as an Infrastructure Asset Sector Leader

Speed Fibre Group, the home of telecommunications companies Enet and Magnet+, has been named the number one company in the fibre network industry among its peer companies in Europe after securing a five-star 99/100 rating from the Global Real Estate Sustainability Benchmark (GRESB).

GRESB is the leading globally recognised ESG (Environmental, Social and Governance) reporting and benchmarking scheme for infrastructure assets. Speed Fibre Group’s GRESB rating of 99/100 is substantially in excess of the overall GRESB average of 86 and the peer industry average of 86.

In addition, Speed Fibre Group has also been recognised by GRESB as an Infrastructure Asset Sector Leader for the first time this year. The GRESB Sector Leaders are the best performers by sector, region and nature of ownership from across the GRESB Assessments. This recognition underscores Enet’s unwavering commitment to sustainability, governance, and best-in-class operational standards across its fibre infrastructure network.

Speed Fibre Group owns entities with a combined annual turnover in excess of €86M, with more than 200 staff and over 11,000 customers. In addition, it boasts over 1 million people benefiting from wholesale networks – including mobile phone users, students, residential broadband users, public sector workers and staff in multinational organisations.

GRESB provides assessments and benchmarks that can be used by businesses to compare their performance against their peer companies and find actionable advice on how they can improve their ESG performance.

Speed Fibre Group chose to voluntarily report and benchmark with GRESB to work towards best-in-class practices at an environmental, social and governance level. The process allows a company to set clear KPIs, transparently report, and benchmark efforts to help each business understand how they can make further progress.

Peter McCarthy, Group CEO of Speed Fibre Group, says:

“As a telecommunications company, we have a responsibility to ensure we are connecting the world sustainably through positive Environmental, Social and Governance practices and we are proud to say that we place these practices at the forefront of our business.

This accolade from GRESB, a respected global organisation providing validated ESG benchmarking, reflects our dedication to transparently disclosing our non-financial ESG performance. Our voluntary participation in such assessments has proven invaluable, fostering tangible benefits and driving operational excellence through evidenced-based reporting. We are so proud to achieve a rating of 99/100, which is a momentous achievement when you consider that the overall GRESB average is 86 and our peer industry average is 86. We are naturally also delighted to be recognised by GRESB as an Infrastructure Asset Sector Leader for the first time this year.

As we continue on this journey, we remain steadfast in our commitment to sustainability, driving positive change for our business, society, and the planet. Further to our participation in GRESB, a key area of focus has been our evaluation of how we can transition to a net-zero business and this work is now underway, with a view to aligning with Irelands net zero commitments, ultimately achieving carbon neutrality by 2050. We are also aligning our operations with the UN Sustainable Development Goals to ensure that our activities promote real world outcomes.

This accomplishment would not have been possible without the collective dedication and efforts of each of our staff members across all teams. It’s so satisfying for our entire team to see that we are performing so well – and in many cases better – than our peers not only in Ireland but across Europe.”

www.speedfibregroup.ie

For further information, please contact:

Breda Brown / Nicola Fitzsimons

Unique Media

01 522 52000 / 087 2487120 (BB)

Editors Notes:

Speed Fibre Group is the home of telecommunication companies Enet and Magnet+.

Enet operates the largest alternative wholesale telecoms network in Ireland, which comprises of over 5,600 Km of fibre infrastructure, including the Irish State’s Metropolitan Area Networks (MANs), proprietary metro networks, a unique dark fibre backhaul infrastructure, as well as one of the largest licensed wireless networks in the country.

Taken together, Enet’s infrastructure creates a fully integrated nationwide telecommunications network that is truly open access in nature, enabling retail service providers and network operators to deliver world class data connectivity services to their customers throughout Ireland and enabling them to connect internationally.

Enet also offers carriers a wide and innovative range of world-class fibre and wireless wholesale products and services, ranging from Managed Connectivity, Infrastructure Access, Direct Internet Access and white label broadband. Further details here:

Magnet+ is Ireland’s largest independent connectivity network. Magnet+ offers a full-suite of telecommunication solutions including dedicated connectivity, voice and cloud services. By combining network-neutrality with world-class technical knowledge, Magnet+ offers integrated telecommunications solutions utilising its fibre, wireless, 4G and 5G infrastructure to meet the exact needs of each client, supported by outstanding customer service. Further details here: www.magnetplus.ie

Speed Fibre Group is owned by Cordiant Digital Infrastructure Limited, (listed and traded on the London Stock Exchange as LON:CORD) an operationally focused specialist digital infrastructure investor. The business primarily invests in the core infrastructure of the digital economy – data centres, fibre-optic networks and telecommunication and broadcast towers in Europe and North America. Further details can be found here: www.cordiantdigitaltrust.com.

ENDS