Our risk management framework The Board has the overall responsibility for the governance of risks and ensures there are adequate and effective systems in place. It does this in various ways. THE BOARD Risks and opportunities assessed as part of strategy setting, annual budget and risk oversight. Owned by the Board and its Committees. Twice-yearly formal risk review and ongoing monitoring of risk integral to Board meetings. PEOPLE AND CULTURE Embedded risk management culture. Openness, transparency and clear ownership of risk management (supported by risk registers) cascades through the organisation. RISK MANAGEMENT Risk management and assurance framework overseen by the Audit & Risk Committee. Detailed risk trackers are developed and regularly updated by our four Performance teams. The Executive Committee reviews and challenges these risk trackers and related risk and opportunities; it considers emerging risks that the Group is facing or should consider and brings these to the Board for detailed assessment of risks. POLICIES AND CONTROLS Policies and controls underpin our risk management framework (such as Capital Operating Guidelines, Treasury Policy, Investment Committee and the internal control frameworks). Risk assurance is provided through internal audit and external advisers, as well as specialist third-party assurance, where appropriate. Our key risk indicators GREAT PLACE TO WORK Employee engagement Staff retention levels GREAT PLACE TO LIVE Operational compliance audits Customer satisfaction HE trust GREAT PLACE TO INVEST Gross asset value Asset age Occupancy Rental growth Percentage of beds under nomination agreements THE UNITE GROUP PLC Annual Report and Accounts 2025 55