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information in the annual report, as well as a general assessment of external circumstances. Addtech works with risk management on both a strategic and operational level. Risk management involves identifying [...] Addtech strives to offer products and services for which price is not the sole deciding factor. By working closely with both suppliers and customers, we are continuously developing our know-how and compe [...] change. Risks linked to climate change are part of our analysis of potential acquisitions. The Group works to integrate climate risks into major investments. Ability to recruit and retain staff Addtech’s continued

and stable development over time. 2. Profit doubled every five years Addtech is an active owner who works diligently alongside its companies to increase sales and profitability. We combine the flexibility [...] technical products and solutions. OUR MARKETS Three steps to profitable and sustainable growth Addtech works to generate favourable profits and increased shareholder value in three coordinated and mutually dependent

Committee receive no compensation from the Company for their work. The tasks of the Nomination Committee shall include evaluating the composition and work of the Board of Directors and providing proposals to the

Addtech creates value by supporting our customers in sustainable development We work to: support our customers in their development towards more sustainable operations generate value for our suppliers [...] for Addtech, as well as value for our customers, suppliers and for society in general. Our companies work for long-term relationships with suppliers that develop over time. We support our suppliers to develop [...] transport and processes, production of renewable sources, cleaner emissions and safer workplaces. By working integrated and systematic with sustainability, we create long-term value for our owners. Sustainability

our work, because we know what is expected of us. Simplicity Simplicity reflects our way of working. It should be easy for our customers and suppliers to work with us. It should also be easy to work at

Arruti and Allied for a long time ahead.” Necks Electric is continuously improving its sustainability work, particularly with regard to environmental aspects – including by gradually increasing the use of [...] team has contributed its expertise in a highly positive manner regarding how Necks Electric should work in the area of sustainability, in the short term as well as in the long term. This is another favourable

sustainability objective of reducing their climate impact. About 20 years ago, Valutec began development work to build more intelligence into its control systems. At that time, an “expert system” was established

n. Read more → Sustainable supply chain Through structured supplier follow-ups, we promote good working conditions and responsible production for a sustainable supply chain. Read more → Sustainability [...] Addtech We seek to participate in and contribute to the development of a more sustainable society. Our work includes taking responsibility in three fundamental areas of sustainability. Environmental, social

we offer the same functionality – but with electricity. These are concrete things on which we are working on – replacing fossil fuels with electric propulsion. About 80 percent comprises customised products

knowledge and technical content. OUR COMPANIES Three steps to profitable and sustainable growth Addtech works to generate favourable profits and increased shareholder value in three coordinated and mutually dependent