Flender/Flender Gear Units/Helical speed reducer H2
also want to encourage positive perception from our investors and from the media, both of which are increasingly focusing on

the CSR agenda. At the same time, we want to reduce risks for our business and for society. Inaddition to

climate and environmental risks, these include social and ethical risks that are essential for company like Flender, which uses international

supply chains and needs natural resources for the manufacturing process, to address. Doing business responsibly is in the interests of

all our stakeholders. It is the key to an innovative, robust position in the market and the enabler for Flender to make positive contribution for current and future generations.3.1 SR: CORE ELEMENT OF OUR BUSINESS STRATEGY AND CORPORATE CULTURE OUR CSR STRATEGY: THE PARTNER OF CHOICE FOR SUSTAINABLE FUTURE3 SUSTAINABILITY REPORT 2 3.1 SR: CORE ELEMENT OF OUR BUSINESS STRATEGYAND CORPORATE CULTURE CONTINUED Confirmation from EcoVadis: We are onthe right track We are proud that our CSR activities are already assessed positively by external bodies. EcoVadis, the world-renowned provider of sustainability ratings, awarded us the EcoVadis Gold Medal on ourvery first application. This puts us in the top 5% of the most sustainable companies worldwide. This achievement endorses our CSR strategy and assures our business partners that Flender is the right partner for sustainable future. Special mention was made of our achievements in supporting the energy transition through our wind turbine drive trains and making supply chains and supplier systems sustainable across our portfolio, aswell as our labor and human rights initiatives. For us, recognition by EcoVadis is strong incentive tomaintain and further intensify our CSR activities. Ourmeasures in 2 are already contributing to this. OUR CSR STRATEGY: THE PARTNER OF CHOICE FOR SUSTAINABLE FUTURE3 SUSTAINABILITY REPORT 2 OUR CSR STRATEGY: THE PARTNER OF CHOICE FOR SUSTAINABLE FUTURE3 3.2 SR STRATEGY AN