Air quality & GHG emissions To help preserve our planet and limit global warming, reducing the emissions of greenhouse gases (GHG) and other air pollutants is a key priority for Arxada. While we believe our products can have an enormous positive impact, we are looking to improve the eciency of our facilities and supply chain, contributing towards a reduction in our environmental footprint. Our ambition is to become a low-carbon chemicals company with a net zero carbon footprint. GHG intensity reduction targets were integrated into the Sustainability-Linked Financial Instruments issued as part of our carve-out as Arxada. In 2022, we went even further by submiing science-based targets to be validated by the Science Based Targets initiative (SBTi), establishing the following goals: NET ZERO 50% [1] By 2050 Reduction of Scope 1 and 2 [1] emissions by 2030 Reducing our Scope 1, 2, and 3 emissions to zero or to a residual level and neutralizing any As we are already ahead of our 2030 goal, residual emissions. we will revisit and reset our 2030 goal in 2023. [1] From our 2021 baseline. Our Scope 1 & 2 emissions In 2022, we completed a GHG inventory for our Scope 1 and 2 emissions. Scope 1, which is responsible for most of our combined Scope 1 and 2 emissions, includes emissions from fuel combustion, as well as natural gas and refrigerants used in our manufacturing processes and facilities. Scope 2 is a smaller portion of our emissions and is split between the electricity and steam used in our manufacturing processes and facilities. As we are already ahead of our 2030 goal, we will revisit and reset our 2030 goal in 2023.