AS Sustainability Report

Governance

Introduction

CEO letter

Air SERBIA’s Story

Air Serbia in 2025 - year in review

Materiality analysis and stakeholder engagement

Environment

Economic value and connectivity

Social

Appendix

6.2. Sustainability governance - the Sustainability Committee

The establishment of the Sustainability Committee on 5 December 2025 is one of the more significant steps in Air Serbia's corporate governance. For the first time, the topics that shape the company's long-term position , from climate responsibility to care for employees and the community , have a seat directly at the table of senior leadership. The founding meeting, held at the company's headquarters, brought together leaders from all key areas of the business, affirming that this area requires engagement at the highest level. The Committee's work is governed by the Rulebook on the Operation of the Sustainability Development Committee, with meetings held two to four times a year. The Committee is entrusted with a broad mandate: setting objectives, monitoring their implementation, ensuring alignment with regulatory requirements, and improving internal processes in this area. It is chaired by the company's Sustainability Manager, who initiated its establishment, and brings together representatives of the company's most senior functions: the Chief Executive Officer, the Executive Director for Operations, the Chief Financial Officer, the Human Resources Director, the Chief Legal Counsel and Company Secretary, and senior managers responsible for marketing and corporate affairs, strategic planning and development, and financial planning and control. This composition ensures that decisions on sustainability are not made in isolation, but are integrated into the company's overall strategic decision-making.

Ivana Kosić Role in the committee: Chair Function area: Sustainability Manager Gender: Female

Dragana Čudić Role in the committee: Deputy Chair Function area: Chief Financial Officer Gender: Female

Jiri Marek Role in the committee: Member Function area: Chief Executive Officer

Petar Miučić Role in the committee: Secretary Function area: Senior Manager, Financial Planning & Control

Gender: Male

Gender: Male

Milan Malović Role in the committee: Member Function area: Executive Director for Operations

Milica Netković Role in the committee: Member Function area: Human Resources Director

Gender: Male

Gender: Female

Marko Grujičić Role in the committee: Member Function area: Senior Manager, Strategic Planning & Development

Bojana Knežević Role in the committee: Member Function area: Senior Manager, Marketing & Corporate Affairs

Gender: Female

Gender: Male

Sustainability Report 30

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