Flender/Flender Gear Units/Bevel-helical gear box B4
tracking to be more effective. In addition, we are pursuing multi - ronged strategy that is aimed at reducing the

CO2 footprint in operations and in our supply chain. CO2-reduction measures for emissions from energy are coordinated globally and implemented

locally. All sites report ontheir progress regularly. We strengthened our ambitions in2by committing to set near andlong-term Company-wide emission reductions

in line with the Science Based Targets initiative (SBTi) criteria. We have responded to the SBTis urgentcall for corporate climate

action through the Business Ambition for 1.5C campaign. Over the next months, we will develop targets to drive forward the goals of the Paris Agreement. Ourpositioned targets will be reviewed and validated by the SBTi. 4.4 ANAGING OUR CARBON EMISSIONS: OUR PATH TO NET-ZERO EMISSIONS CONTINUED ENVIRONMENTAL SUSTAINABILITY4 SUSTAINABILITY REPORT 2 4.4 ANAGING OUR CARBON EMISSIONS: OUR PATH TO NET-ZERO EMISSIONS CONTINUED REDUCING THE CARBON FOOTPRINT OFOUROPERATIONS GRI 3-1, 3-2, 3-3, 3-4, 3-5, 3-7 | SDG3.9, 1.4, 1.1 Between 2 and 2 we reduced CO 2 emissions inour own operations by 7.7%, mainly by switching to CO 2-neutral energy sources.1 An increase in our Scope 1 emissions can be observed in the 2 financial year following steady reduction over the last few years, dueto two factors: ur implementation of stricter requirements for balancing natural gas and including additional sites; and OVID-1 related increased ventilation requirements led to increased natural gasconsumption. Between 2 and 2, we were able to reduce ourScope 2 emissions by 9.6%. 1 he following gases were included in the calculation: carbon dioxide, methane, nitrous oxide and fluorinated gases (hydrofluorocarbons (HFCs), perfluorocarbons (PFCs), sulphur hexafluoride and nitrogen trifluoride (NF ). There were no biogenic CO2 emissions. he specified emission values do not include data on halogenated carbon from the si