(1) The exemption in section 1598 shall be subject to the following conditions:

(a) the directors' report of the exempted undertaking contains all of the following information:

(i) the name and registered office of the holding undertaking that reports information at group level in accordance with section 1596 or in a manner equivalent to the sustainability reporting standards as determined in accordance with an implementing act on the equivalence of sustainability reporting standards adopted pursuant to the third subparagraph of Article 23(4) of Directive 2004/109/EC;

(ii) links to the website containing -

(I) in the case of an exempted undertaking referred to in section 1598(1), the group director's report of the other undertaking referred to in that subsection, or

(II) in the case of an exempted undertaking referred to in section 1598(2), the consolidated sustainability reporting of the third-country undertaking referred to in that subsection;