Glossary

Added value

Operating income less cost of work subcontracted and other external expenses

Audit Committee

The Audit Committee (AC) is a standing committee of the Supervisory Board (SB) that supports the SB in discharging its responsibilities and preparing for decisions, mainly with respect to internal risk management and control systems, financial information and communication with the internal audit and external auditor.

BIM

Building Information Modelling

CEO

Chief Executive Officer

CCO

Chief Commercial Officer

CFO

Chief Financial Officer

CIMS

Compliance Integrity Management System

CSR

Corporate Social Responsibility; the responsibility of a company towards society, the environment and the economy

CSRD

The Corporate Sustainability Reporting Directive (CSRD), is a piece of EU legislation that establishes environmental, social, and governance (ESG) reporting requirements for organisations.

Days Sales Outstanding (DSO)

(Debtors + WIP + Billed in advance) / (Rolling net turnover + Billed in advance) * 365 days. Debtors include trade and non-group debtors, excluding provision bad debt. WIP includes accrued and deferred revenues plus payments in advance, excluding provision project losses. Billed in advance is the amount invoiced in advance for subscriptions.

EBITA recurring

EBITA excluding non-operational items

EBITA margin

EBITA recurring / Operating income

ED&I

Equality, Diversity & Inclusion

Employees

People employed directly by Royal HaskoningDHV or one of our subsidiaries

Employee turnover

The percentage of employees who left the company

EPCM

Engineering, procurement, and construction management projects

EST

Enhancing Society Together, our purpose

ET Academy

Energy Transition academy

Executive Board

Highest executive body for the daily management of the company

Free cash flow

Cash flow from operating and investing activities

GHG

Greenhouse gasses

Global Leadership Group

The Global Leadership Group consists of the Executive Board, Executive Council, Corporate Directors, Business Line MT members, Directors Advisory Groups and Associate Directors Advisory Groups, Leading Professionals, Corporate Group MT members, direct reports of Executive Board, chairs of YoungRHDHV Boards, and chair of the Works Council in the Netherlands.

GRI

Global Reporting Initiative, international organisation that publishes standards for sustainability reporting

IMS

Integrated Management System

Integrated Report (IR)

Annual report format that integrates general, financial, environmental, and social performance

Net Turnover

Amounts invoiced to clients (excluding VAT), including change in work in progress

Net working capital

Current assets less current liabilities (excluding cash and cash equivalents less amounts owed to credit institutions)

Operating income

Net turnover, including other operating income, excluding non-operational items

OECD

Organisation for Economic Cooperation and Development

QHSE

Quality, Health, Safety and Environment

Return on average shareholders' equity

Net result / Average shareholders' equity

SBTi

The Science Based Targets initiative (SBTi) is a collaborative effort involving the Carbon Disclosure Project (CDP), the United Nations Global Compact, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF) to set science-based climate targets and accelerate global efforts by companies to halve emissions before 2030 and achieve net-zero emissions before 2050

Supervisory Board

Our Supervisory Board has the role to supervise the policy of the Executive Board and the general course of events of the Company and its affiliated business. It advises the Executive Board. In discharging its tasks, the Supervisory Board will be guided by the interests of the Company and its affiliated business.

TPA

Third-party assessment

UNGC

United Nations Global Compact