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tal impact. The Group conducts limited production. The Group monitors operations and environmental risks through its sustainability reporting and all companies comply with the Group’s Code of Conduct. [...] in the Group’s own operations or those of its suppliers would have a negative impact on the Group’s reputation among employees, customers and other stakeholders and influence demand for the Group’s products [...] market and to align expenses with specific conditions. Structural changes Globalisation, digitalisation and rapid technological development drive structural change among customers. Developments may increase

Leading sustainable technical solutions Our 150 entrepreneurial Group companies produce technical solutions that contribute lasting value for our customers, suppliers and shareholders. They act pro-actively [...] partners, supporting customers identify technical solutions adapted to their needs. Our decentralised structure, in which decisions are made by entrepreneurs close to the market, has allowed us to build a strong [...] coordinated and mutually dependent steps. OUR GROWTH MODEL Work at an international technical solutions group We provide opportunities to combine technology with business. Our position as a significant player