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is the best way to run our business. Business acumen, entrepreneurship and small-scale business - large scale wise are other important components of our DNA. We combine the best of both worlds: the financial

in delivering value to our customers and in contributing to sustainable development. Addtech has a large number of suppliers around the world but most purchases are sourced from suppliers in Europe. Int

profitability, and for pursuing its operations in accordance to our Code of Conduct . Our culture is largely built on the fundamental idea that if our employees grow, the business will also grow. Ultimately

within the value chain, we generate value for our customers, suppliers, shareholders and society at large. Participating in and contributing to the development of a more sustainable society is an important

sed. Our unique model is both large-scale and small-scale to foster optimal conditions. Ultimately, our employees are those who make a difference. Our culture is largely built on the fundamental idea that

with the customer’s needs and then adapt products and solutions accordingly. Today, we purchase a large share of the products from suppliers, although we are continuously moving towards products manufactured

which Addtech operates could have adverse effects on its financial position and earnings. With a large number of subsidiaries focusing on different niche markets and add-on sales of technical service, [...] customer accounts for more than approx 4 percent of consolidated sales, the Group’s exposure to a large number of sectors constitutes a certain degree of protection against adverse impacts on earnings. [...] an effort is made to obtain the necessary guarantees limiting the risk of unknown liabilities. The large number of companies acquired entails a significant distribution of risk. Financial risks The Group

cyber-attack 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

resources, networks and industrial expertise of a large company. We optimise long-term growth and profitability by conducting small-scale business - large scale wise. 3. Acquisitions that complete us The

existing electricity needs. The need for electricity is constantly increasing due to electric cars and large data halls, for example, which require an enormous amount of power. Necks is a complete supplier of