SWEX_Swep Exchange 2022

energy efficiency, renewable energy production and elimination of fossil fuels in our operations. For indirect emissions we continue to work with our suppliers and forwarders to identify more sustainable products and solutions that align with our sustainability goals. At the moment, two thirds of the energy we buy comes from renewable energy sources and when it comes to decreasing energy usage and emissions, we focus on five major areas: Upgrade equipment Our manufacturing process requires heating of large furnaces, and we are working on implementing systems for utilizing the waste heat generated in this process. In 2021 we implemented the Ectogrid system at our Landskrona plant, which allows us to utilize our waste heat for heating premises with the opportunity to expand the solution and provide heat also to neighboring buildings. To further improve energy efficiency, we have switched to LED lighting in all plants and are continuously investing in equipment upgrades. By upgrading ventilation, air

& 2, as defined by the Greenhouse Gas Protocol corporate standard. For SWEP scope 1 & 2 includes stationary & mobile combustion, refrigerants, electricity, and heating. We also measure a partial scope 3 and plan to reduce our emission intensity for these metrics, which include: business travel, transportation of goods, water and waste. Since SWEP started to work with emissions in a goal-oriented way, we have reduced our emissions intensity by 34,21%. This has been achieved primarily through an improved energy efficiency in production and reduction of air and express freight. Following our plan, we will reduce our emissions intensity by an additional 30% between 2020 and 2030. We have chosen emission intensity, calculated as kg of CO2 equivalents per kg approved product, as our main metric since 2020. Because we have ongoing plans to expand our operations, we expect that emission intensity will give a better signal as to the effectiveness of our endeavors over the next few years. SWEP has already taken several measures and will continue to work towards our goal through increased

compression technology and cooling systems we continue to reduce our energy intensity in manufacturing. Install solar panels By 2026, all our plants will have solar panels installed and operating. This will contribute a share of our plants’ electricity needs and is a complement to our activities in energy efficiency and purchasing of renewable energy. Optimized supply chain Transport of goods is an area where we can work together with our customers and supply chain to reduce emissions. Through planning and forecasting we aim to reduce the amount of emission intensive air & express freight with truck and sea shipments. We also work closely with our transportation partners will continue projects around green transport solutions and consolidated freight. Install new equipment As we continuously grow by helping others convert to more efficient heat transfer solutions, we need to expand our production capacity. New generation press lines and more efficient furnaces will decrease emissions compared to produced

Reduction & avoidance of CO e emission 2

Green travel policy - Optimize purpose when travelling

- Selecting climate compensation travel options Extended use of digital communications tools

Install solar panels on all plants by 2026

Upgrade equipment Ventilation, compressors, waste heat utilization

Optimize supply chain (Green certificate) - Minimize air and express freight - Joint venture projects with forwarders on greener transport options - Consolidation of freight

Reduction

Install new equipment New technology will be 20-70% more efficient than present

Offset

2016

2030

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