Arxada 2022 Assurance Statement

Independent Limited Assurance Statement to Arxada AG ERM Certification and Verification Services Limited (“ERM CVS”) was engaged by Arxada AG (“Arxada”) to provide limited assurance in relation to the selected 2022 information set out below and presented in the ‘Data index’ of Arxada’s 2022 Sustainability Report (the “Report”), published on the Arxada website. Engagement summary Whether the 2022 data for the following selected disclosures are fairly presented in the Report, in all material respects, in accordance with the reporting criteria. Disclosure Unit Year Scope 1 GHG Emissions metric tonnes CO e 2022 Scope of our 2 Scope 2 GHG Emissions (location-based) metric tonnes CO e 2022 assurance 2 engagement Scope 2 GHG Emissions (market-based) metric tonnes CO e 2022 2 Total waste generated metric tonnes 2022 Our assurance engagement does not extend to information in respect of earlier periods or to any other information included in the Report. st st Reporting period January 1 , 2022 – December 31 , 2022 Reporting • WRI/WBCSD GHG Protocol Corporate Accounting and Reporting Standard criteria • GRI Topic specific standard (for Total waste generated) We performed a limited assurance engagement, in accordance with the International Standard on Assurance Engagements ISAE 3000 (Revised) ‘Assurance Engagements Assurance other than Audits or Reviews of Historical Financial Information’ issued by the standard and International Auditing and Standards Board. level of The procedures performed in a limited assurance engagement vary in nature and timing assurance from and are less in extent than for a reasonable assurance engagement and consequently, the level of assurance obtained in a limited assurance engagement is substantially lower than the assurance that would have been obtained had a reasonable assurance engagement been performed. Arxada is responsible for preparing the Report and for the collection and presentation of the information within it, and for the designing, implementing, and maintaining of internal Respective controls relevant to the preparation and presentation of the Report. responsibilities ERM CVS’ responsibility is to provide conclusions to Arxada on the agreed scope based on our engagement terms with Arxada, the assurance activities performed and exercising our professional judgement. We accept no responsibility, and deny any liability, to any party other than Arxada for the conclusions we have reached. Our conclusion Based on our activities, as described below, nothing has come to our attention to indicate that the 2022 data and information for the disclosures listed under ‘Scope’ above are not fairly presented in the Report, in all material respects, in accordance with the reporting criteria.