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BUSINESS AREA Industrial Solutions Superior technical expertise with a focus on sustainability The companies within Industrial Solutions produce and sell solutions and systems primarily for the forest, special [...] recycling solutions are mainly targeting the industry and contributes to the circular economy. Our companies hold strong positions in their market niches, with considerable opportunities for long-term growth [...] solutions linked to the increased use of wood are all clear areas for future growth. "Many of our companies offer market-leading own products and drive development within our selected niches" Daniel Prelevic

unit’s companies produce and sell products for electricity distribution and communication networks. Customers consist of electricity network operators, contractors, wholesalers, railway companies, industrial [...] BUSINESS AREA Energy Broad offering in the electrification of society The companies within Energy produce and sell products for electric power transmission, electrical installation, energy efficiency and [...] transmission, electrical wholesalers, hospitals and installers of fibre-optic networks. By means of the companies’ strong positions in electricity transmission, wind power and distribution networks, the strategy

combine the flexibility, personality and efficiency of the companies with the resources, networks and long-term perspective of the Parent Company. Consistent action and deeply rooted corporate culture based [...] Leading sustainable technical solutions Our 150 entrepreneurial Group companies produce technical solutions that contribute lasting value for our customers, suppliers and shareholders. They act pro-actively [...] make use of the organisation as efficiently as possible and to strengthen the network between the companies. Our operations are organised into five business areas. OUR BUSINESS AREAS

sister company Necks IMP in Poland. Our complete product programme ranges all the way from 52 kilovolts up to 420 kilovolts.” For a long time, Necks Electric has collaborated with Addtech companies Necks [...] power grids, as well as outdoor switchgear. With its core business in transmission power grids, the company is playing an important role in the expansion of the Swedish power grid. In addition to product sales [...] also Arruti Group and Allied Insulators. “For me, co-creation is very much about us, as sister companies, thinking and acting in such a way that everyone benefits from the collaboration,” says Jesper.

Solutions The business unit’s companies offer products that use the most up-to-date technologies to conduct human-machine interactions. For most proprietary products, our companies select their own component [...] expectations. We have cutting-edge skills in vehicle automation, ergonomics and driveline control. Our companies share the vision of facilitating and streamlining the daily tasks of the operator with regards to

the text. The Company deviates on three points, two of which are included in the section on the Nomination committee and one in the section on Quarterly review by auditors. The Company's auditor has examined [...] Swedish trade and industry and is based on the 'comply or explain' principle. This means that a company that applies the Code may deviate from certain rules but, if so, must provide an explanation and

planning. A close and constructive dialogue is maintained between the Group and the companies. The Group supports the companies within areas relating to acquisitions, business development, accounting, IT and [...] a more sustainable society and see that the transition generates business opportunities for our companies. Addtech supports the ten basic principles of the UN Global Compact and our internal Code of Conduct [...] and data security, and in particular within sustainability. In our annual strategy process, the companies establish development plans, where they specify activities to advance our positions in important

culture. Our employees are Addtech’s most important asset. Accordingly, managers and employees in the companies must interact with one another in different ways that benefit both customers and the Group. This [...] its employees Exchanging experience and expertise helps develop both the Group and the individual companies. Addtech Academy is an important platform for disseminating the corporate culture, further developing [...] experience and professional tasks and are aimed both at new recruits and senior executives in the Group companies. Suppliers represent an important element in our employees’ training Considerable knowledge is

complementary companies in shared business units within a business area. This allows the companies to quickly immerse themselves in an environment where they can grow alongside like-minded companies. For the

80 of the 130 companies. The attackers encrypt the central IT environment and then demand a ransom to reinstate it. For Addtech, not paying is the obvious course of action, and the company opts instead [...] Addtech turned 20 years old In September 2021, Addtech celebrated 20 years as a publicly listed company. Since the outset in 2001, we have exceeded our financial goals – despite IT-crises, financial crises [...] and a pandemic. We have grown from a newly-formed spin-off from Bergman & Beving into a Large Cap company holding a strong position. 2020: A proof of strength in a challenging world In March 2020, the World