Flender/Flender Gear Units/Helical gear box H3
d Gold Medal from EcoVadis, the worlds best recognized provider of sustainability ratings for companies. This puts us among the

top 5% of companies in terms of our global sustainability performance, considering our activity inenvironmental and social issues. Forus, however,

these are only the first steps on long journey and this award is by no means reason to rest on

our laurels. We are committed to further positive change. In this sense, our Sustainability Report not only provides an overview

of thestatus quo of our CSR progress in2,but also promise of our further commitment. Enjoy reading! Andreas Evertz Flender Group CEO 1.1 CEOS STATEMENT GRI 2-2 Andreas Evertz FLENDER GROUP CEO WELCOME AND HIGHLIGHTS1 SUSTAINABILITY REPORT 2 1.2 WELCOME FROM THE CSR TEAM As market and quality leader for gear units, generators, couplings and related services, Flender assumes responsibility for global industrial and wind customers. Westand for pioneering and setting standards in our processes and outputs, and we set ourselves thesame high expectations insustainability. We are pleased to share the Flender CSR journey through this report and present you with the progress of our activities and successes in the areas ofenvironment, social affairs, and corporate governance. We started our independent CSR journey in 2; in 2 we developed our first voluntary Sustainability Report and now, in 2, CSR is an integral part of Flenders corporate strategy and culture. We have continued to work on developing clear governance and communication structures, ambitious goals for our CSRcommitments, and robust data. Weare proud that our commitment and achievement have also been endorsed byour recent EcoVadis Gold rating.For us, sustainable development andtransformation is always joint effort between the CSR Board, our employees, and our business partners. This year we have reached another milestone with the full and detailed development of our CSR strategy, withclear messages and goal