The Environmental Report 2025 by NGI A/S

A DIVISION OF

2025 ENVIRONMENTAL REPORT

INTRODUC TION

Cultivating environmental accountability At NGI, we pledge to be transparent and open in our communication about our environmental performance, whether we are achieving progress or facing challenges. Our goal is to make our sustainability report both readable and accessible, continuously improving data accuracy. This report includes revisions to previously reported data, reflecting our commitment to transparency and continuous improvement. The 2025 report, covering the period January 1 – December 31, 2025, is structured in two main sections. • The first section provides context at the Moovimenta Group level, giving readers a broader understanding of the collective vision, commitments, and strategic priorities that guide all group divisions, including NGI. This helps position NGI’s own efforts within the larger framework of our parent group’s sustainability journey. • The second section focuses specifically on NGI, starting with a statement from our CEO, followed by an overview of our environmental initiatives and a detailed assessment of key areas such as energy use, greenhouse gas (GHG) emissions (Scope 1 and 2), volatile organic compound (VOC) emissions, water use, and waste generation. All KPIs are indexed to net revenues in Swiss francs (CHF), the Group's reporting currency. Your feedback and comments are welcome to help us improve.

Environmental report 2025

INTRODUCTION

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Table of content Our shared vision with Moovimenta 4

Moovimenta: A brief overview

A message from our Group CEO

Committing to sustainable development goals

Our Double Materiality Assessment

Achieving carbon net zero by 2030

Our path toward environmental sustainability 10 Interview with NGI CEO 11

NGI in brief

12 Our world of sustainable products and solutions 13 Environmental impact assessment

20 Data & index 21 Data scope 22 Glossary

Environmental report 2025

INTRODUCTION

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MOOVIMENTA: A BRIEF OVERVIEW

Our mission and values Picture a world where industries harmonize with nature, where each innovation fosters a healthier planet and a brighter future for us and generations to come. At Moovimenta, sustainability isn’t just a goal; it’s the guiding principle behind everything we do. Our commitment to sustainability drives us forward, from reducing carbon footprints to improving operational efficiencies. At Moovimenta, our mission is to accelerate the transition to a sustainable, smarter, and safer industrial reality. We believe in industrial growth to benefit people without draining the planet. We are here to make our customers’ equipment and processes more sustainable, smarter, and safer.

Our values Entrepreneurship

Collaboration

is our passion – we foster a spirit of initiative, ownership, and commitment at all levels.

is our leverage – we create synergies and learning experiences through team work and open interaction.

Quality you can trust

Organizational pride

is our mindset – we are committed to providing outstanding customer experiences with best-in-class products and services.

is the evidence of our success as an employer.

Continuous improvement

Ethical standards

is our energy – we are continuously moving to the next level of performance.

is our credo – we respect diversity and strive for sustainability in all areas.

Environmental report 2025

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MOOVIMENTA: A BRIEF OVERVIEW

Driving industrial innovation Moovimenta drives innovation and delivers top-quality components and services for manufacturing industries through our four dedicated divisions. We are committed to transforming industrial processes by enhancing sustainability, intelligence, and safety. Our Corporate Accelerator serves as the hub for spearheading and coordinating innovation across the Moovimenta group. By leveraging the distinct expertise within each of our divisions, we foster collaboration that leads to significant improvements in our customers processes.

Corporate Accelerator

Direct presence in

90+

locations

Environmental report 2025

4,900+

employees

INTRODUC TION

36,000+

active clients

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Interview with our Group CEO In the following interview, we have the privilege of gaining insights directly from our Group CEO, Andrea Volpi shares personal reflections, strategic vision, and organizational perspective on navigating a shifting regulatory landscape. That change has not altered what we are doing on the ground. Solar panel installations continue at additional sites, our share of renewable energy across the Group keeps growing, we are upgrading cooling systems to cut water use, and we are strengthening how we manage and recycle waste at our production sites, the same initiatives, on the same timeline, as befoe the Omnibus.

Andrea Volpi Group CEO

Moovimenta is strongly committed to a sustainable future, a commitment embedded in our Mission. We started collecting environmental data back in 2020, because we wanted to understand our own impact: where our hotspots are, what is driving them, and what we could actually do about them. Over the past year, the regulatory environment around us has shifted

Environmental report 2025

considerably. When we published our Group environmental report in 2024, four Moovimenta entities in Europe were expected to fall within CSRD scope, reporting on 2025 data starting in 2026. Following the EU Commission's Omnibus package and the resulting changes to CSRD's scope and thresholds, Moovimenta entities are no longer subject to mandatory CSRD reporting.

We started collecting environmental data back in 2020, because we wanted to understand our own impact: where our hotspots are, what is driving them, and what we could actually do about them. It also has not changed what our clients need from us. A large part of our client base remains within CSRD's scope or subject to other reporting obligations, and their ability to report accurately often depends on data we

provide as part of their supply chain. We continue to track and share that data at the same pace as before, and we intend to keep it that way. This is also why we chose to build on the Double Materiality Assessment we carried out in preparation for CSRD. The five topics it identified as most material to our business remain our focus: climate change mitigation, energy use across the value chain, circular economy and end-of-life solutions, health & safety in our own operations, and workforce training and development. We are also continuing work on the areas flagged by our gap analysis as worth strengthening social topics, Scope 3 emissions, and circular economy principles. This is our fourth consecutive Group environmental report. None of it would be possible without the teams across our sites who collect and provide the data behind these numbers, year after year. Data collection continues to improve, and we remain committed to communicating openly about our environmental performance, whether we are making progress or facing challenges. We hope it gives you a clear and honest picture of where we stand.

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OUR SUSTAINABILIT Y VISION

Committing to sustainable development goals Our sustainability strategy follows the United Nations Sustainable Development Goals (SDGs) and the United Nations Global Compact (UNGC) principles. Among the 17 SDGs, five align most closely with our business activities and the impact areas most relevant to our operations.

Promoting inclusive economic growth

Innovating for sustainable solutions

Minimizing Minimizing environmental footprint through environmental footprint sustainable practices through sustainable

Leading climate action and resilience

Building partnerships for sustainable development

Commitment: We believe in economic growththat is sustainable, inclusive, and provides decent work opportunities for all without harming people or draining the planet. Actions: Implement fair labor practices across the entire value chain, ensure safe working conditions for all employees, and foster employee development.

Commitment: We commit to challenging our operations and supply chain to focus our innovationactivities in the field of sustainable solutions.

Commitment: We prioritize responsible resources con sumption to reduce our environmental footprint and promote sustainable and ethical production.

Commitment: We are com mitted to achieving Carbon Net Zero by 2030 and pro moting climate-resilient practices in our operations and supply chain.

Commitment: We are com mitted to working with our customers, suppliers, and other stakeholders to promote sustainable development.

Actions: Invest in innovative technologies that will improve the conditions of people without harming the planet and enhance industrial processes.

Actions: Optimize Actions: Optimizeenergy, energy, water and raw material use, and rawwaste reduce material generation, use, reduce waste promote circularity generation, within our promote circularity production and fabrication within our productionand processes andimplement fabrication processes and sustainable procurement implement practices.

Actions: Reduce greenhouse gas emissions on a yearly basis, improve energy efficiency, and support renewable energy initiatives.

Actions: Collaborate with stakeholders across our value chain and engage in community partnerships.

Environmental report 2025

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STEPS TOWARDS OUR GOALS

Double materiality assessment: Status and next steps In 2024, we conducted our first Double Materiality Assessment (DMA), aligning with CSRD and ESRS guidance. The process was led in-house by our Sustainability and Finance teams, supported by colleagues from across the business and stakeholder groups. Following the EU's CSRD Omnibus, we now fall outside the scope of mandatory CSRD reporting. This has not changed our approach: the five topics we identified remain the ones that matter most to our business, and we are continuing to act on them. Our five most material topics are: • Climate change mitigation • Energy use across the value chain • Circular economy and end-of-life solutions • Health & safety in our own operations • Workforce training and development We will keep reviewing our material topics periodically, reflecting evolving stakeholder expectations and business changes, regardless of regulatory scope.

Environmental report 2025

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STEPS TOWARDS OUR GOALS

Achieving carbon net zero Reducing our carbon footprint remains a key target in Moovimenta's climate strategy, aligned with SDG 13: Climate Action. In previous reports, we set a target of carbon net zero for Scope 1 & 2 emissions by 2030. Based on our progress since 2020 and a closer look at what is realistically achievable, we have revised this target: a 70% reduction in Scope 1 & 2 emissions by 2035 compared to our 2020 baseline, and carbon net zero across Scopes 1, 2, and 3 by 2050, in line with the Science Based Targets initiative (SBTi) framework.

Key initiatives

1 2 3

Energy efficiency improvements and operational optimizations Actions: Upgrading to energy-efficient equip ment and systems. Implementing best practices and technologies to optimize processes.

Renewable energy integration

Actions: Transitioning to renewable energy sources such as solar, wind, and hydropower. Investing in solar plant installations.

Progress and milestones 2020 Defined 2020 as the baseline year and started collecting data on an annual basis.

2021

Transitioned our main sites at Habasit, NGI, and TRAPO to renewable electricity sources. Commissioned the first solar power roof plant at Habasit..

2022

More than doubled our total renewable energy consumption compared to 2021.

2022–2025

Commissioned three more solar installations across Habasit and a small-scale solar plant at Rossi. Replaced several internal combustion engine vehicles with electric oness.

2025

Achieved a 15% reduction in carbon footprint (scope 1&2) compared to the 2020 baseline, despite the inclusion of scope 1 emissions from company vehicles starting in 2022

2035

Goal to achieve a 70% reduction in Scope 1 & 2 emissions compared to the 2020 baseline.

Fleet electrification

Actions: Promoting the use of electric and hybrid company vehicles instead of fuel vehicles.

2050

Goal to achieve carbon net zero across Scopes 1, 2, and 3.

Environmental report 2025

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Interview with NGI CEO In the following interview with Jan Nygaard, CEO of NGI, we had the opportunity to gain insight into his organizational perspectives on sustainability.

Jan Nygaard NGI CEO

At NGI, our commitment to sustainability is deeply rooted in our heritage. Our founder, Knud Nygaard, believed that prioritizing the well-being of employees and building relationships based on mutual trust were fundamental to running a successful business. This mindset continues to guide us today. Advancing our sustainability commitments At NGI, we continuously seek innovative ways to enhance energy efficiency and reduce our

Environmental report 2025

environmental footprint. One of our recent initiatives involved optimizing our heating infrastructure by implementing advanced flow valves, which successfully lowered the return temperature in radiators from 45°C to 31°C. This improvement enhances heating efficiency and is expected to reduce our total district heating consumption by approximately 5%. This initiative underscores our commitment to smarter energy use. By making small, targeted improvements to our operations, we actively reduce energy waste and minimize our environmental impact. Looking ahead, we will continue to integrate sustainable practices that drive efficiency and support our long-term environmental goals. Sustainability shaping our industry The future of our industry is undeniably intertwined with sustainable practices. At NGI, we see sustainability as a catalyst for innovation, driving us to develop products that not only meet the highest standards of hygiene and efficiency but also minimize environmental impact. By sourcing in 100% renewable energy, such as wind power for our production environment, we are positioning ourselves to lead this transformation.

Leadership’s role in embedding sustainability Leadership at NGI plays a pivotal role in embedding sustainability into our daily operations. We are committed to responsible sourcing and continually work to optimize waste products so that as much as possible is recycled or incinerated. By fostering a culture that values accountability and responsibility, we ensure that sustainable practices are a fundamental part of our business decisions.

We see sustainability as a catalyst for innovation, driving us to develop products that not only meet the highest standards of hygiene and efficiency but also minimize environmental impact. Collaboration for meaningful change We recognize that collaboration is key to driving meaningful change. Our partnerships with suppliers, partners, and customers are centered around shared

sustainability goals. Beyond environmental initiatives, we are very committed to social responsibility, ensuring that our workplace fosters inclusivity and opportunity for all. One of our key partnerships is with Job Center Aalborg, where we focus on creating employment opportunities that match individual skills and capabilities. Rather than fitting people into predefined roles, we recognize that tasks of varying complexity can be adapted to meet different needs— ensuring that every individual can contribute meaningfully. In 2024, we were honored to receive the ”Prize for Potential” award for our dedication to unlocking the strengths of each person at NGI. This commitment to social sustainability led to a significant milestone: we were invited to Parliament in 2024 to meet with ministers and showcase our inclusive employment approach. By demonstrating how businesses can foster a workforce built on adaptability, we hope to inspire others to do the same. As we move forward, we remain steadfast in our commitment to sustainability, understanding that our actions today will shape the future of our industry.

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NGI IN BRIEF

Hygienic & Sustainable Solutions Partner with companies in:

At NGI, we are committed to driving sustainability through hygienic design and innovative engineering. We go beyond supplying highquality stainless-steel components by building strong, collaborative partnerships with our customers, focused on creating tangible value. We recognize the importance of minimizing environmental impact, which is why our products are designed to reduce water and detergent usage, ensuring both efficiency and environmental responsibility in production environments. By prioritizing long-lasting, easy-to-clean solutions, we enable our customers to lower operational costs while enhancing food safety and sustainability.

Food & beverage industries

With 15% of our profits dedicated to R&D, we continuously innovate to meet the growing demands of the market. Our commitment to sustainability includes: • Extending product lifetimes through the use of high-quality materials. • Reducing water and chemical consumption in cleaning processes. • Maximizing recyclability, with 80% of our products being recyclable, and working to increase this figure further.

Pharmaceutical industries

At NGI, we are committed to designing components for high food safety and sustainable design is the future. We are proud to develop solutions that help our customers meet their environmental and operational goals.

Environmental report 2025

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Our world of sustainable products and solutions 1 4 2

1. Bearing houses  Certified by EHEDG, 3-A and USDA  Protection class IP69K  Lubrication-free design lowers energy loss and eliminates grease in wastewater

2. Plug & Play CIP Unit

 Cuts water, energy and chemical use  Reduces wear and downtime  Hygienic design aligned with EHEDG & 3‑A

3. Levelling feet

5. Castors

 Reduced cleaning time, water and energy use  Fully-threaded feet require 28% more resources for the same clean  Optional triple-certified design improves food safety

 Easy-clean design reduces water and detergent use  Integrated construction minimizes bacteria buildup  Up to 32% resource savings with improved cleanability

4. Synchronous oil-free drum motors

6. Belt Scraper

7. Hygiene-optimized accessories

 Eliminates risk of oil contamination

 Reduces carryback and supports hygienic operation  Fine-tune pressure in seconds for efficient cleaning with minimal waste  Quick-release design minimizes downtime and simplifies maintenance

 Certified hygienic design reduces contamination risk  Durable stainless steel supports efficient cleaning and long service life  Wide range of plug-and-play options

 Higher efficiency reduces energy use  Enhanced food safety

Environmental report 2025

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NGI environmental impact assessment For the past five years, we have been collecting comprehensive data on energy use, greenhouse gas (GHG) emissions, volatile organic compounds (VOC) emissions, water use, and waste generation at our facilities. In 2022, we expanded the scope of our data collection to include a newly added facility in Germany. In October 2025, our German facility has been closed, with all activities moved to the headquarter in Denmark.

Energy use

Environmental report 2025

GHG emissions

This data, gathered through utility bills and direct measurements, helps us identify areas where we can further reduce our environmental footprint. Understanding this data is a crucial first step towards our environmental goals.

VOC emissions

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Water use

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Waste generation

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Energy use

[MWh]

At NGI, the majority of our energy powers essential operations such as molding, extrusion, vulcanization, and metalworking. The remaining energy is used for general electricity needs in our buildings and for heating through a district heating system. Since 2022, we have included the fossil fuel consumption of company vehicles in our energy reporting. To maintain year-on-year comparability, energy data excluding vehicle fuel use is displayed in grey. As shown in the graph, vehicle fuel represents a minor share (4%) of our total energy consumption. Between 2024 and 2025, total energy use increased by 14.6%, primarily due to higher production volumes. While this increase reflects business growth, we recognize the need to better manage energy demand as we scale.

Environmental report 2025

Energy use indexed to net revenues

[MWh/MCHF]

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GHG emissions

GHG emissions [tCO2e]

As part of our ongoing commitment to data quality and transparency, we have continued to align our calculation methodologies with the GHG Protocol and have updated our emission factors across all reported years. These updates impacted Scope 2 location-based emissions, while Scope 1 and market-based Scope 2 figures remained unchanged. Despite a 14.6% increase in energy consumption in 2025, our combined Scope 1 and market-based Scope 2 emissions decreased from 94 to 90 tCO2e. This reduction was driven by market-based Scope 2 emissions falling from 50 to 41 tCO2e, thanks to a more favorable emission factor for district heat. On the Scope 1 side, stationary combustion decreased from 25 to 20 tCO2e, reflecting the closure of our German site in October. This was however offset by a rise in mobile combustion from 20 to 29 tCO2e, as vehicle usage grew in 2025, bringing total Scope 1 emissions from 45 to 49 tCO2e. The full breakdown is provided in the table on page 21.

GHG emissions indexed to net revenues [tCO2e/MCHF]

Since 2020, we have reduced our combined Scope 1 and market-based Scope 2 emissions by 71%, from 304 to 90 tCO2e, a trajectory we are committed to maintaining as we work toward our net zero target for Scope 1 and 2 by 2030.

Note: The grey trend line shows the GHG emissions excluding emissions from mobile combustion.

Environmental report 2025

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VOC emissions

VOC emissions [kg VOC]

In our production facilities, solvents are primarily used for cleaning and adhesive applications during the fabrication of our end products. All chemical operations within designated ATEX areas are equipped with approved extraction systems to ensure VOC emissions remain well within legal limits. VOC emissions are calculated based on the VOC content of each solvent used, considering solvent consumption at our facility in Denmark and, starting from 2023, our German facility. The VOC emissions from our German site are minimal and have had no significant impact on the overall trend. Since 2020, VOC emissions have followed an upward trend, broadly aligned with higher solvent usage and, in 2024, a shift toward solvents with a higher VOC content driven by production changes. In 2025, however, we observed an encouraging reversal: despite a further 7% increase in total solvent use, VOC emissions decreased by 5.5% to 3,559 kg VOC, made possible by a shift toward VOC-free solvents. This demonstrates that solvent volume and VOC emissions can be decoupled through conscious product selection.

VOC emissions indexed to net revenues [kg VOC/MCHF]

We will continue to build on this progress through improved process efficiency, the substitution of lower-VOC alternatives where possible, and close monitoring of our emissions. Maintaining employee safety and minimizing environmental impact remain our key priorities.

Environmental report 2025

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Water use

Water use [m3]

Despite our minimal operational water requirements, we have implemented a proactive strategy to manage water consumption, combining maintenance practices with strategic investments to ensure efficient water use. We also prioritize environmentally friendly alternatives to harsh chemicals, and where chemicals are necessary, proper treatment is ensured through certified partners. Water consumption has been rising since 2020, reaching 2,095 m³ in 2025, a 33% increase over the period. After a first encouraging decline in 2024, where consumption fell by 52 m³, water use increased by 165 m³ in 2025, driven by higher production volumes. This upward trend reflects the continued correlation between our water consumption and production output and is an area where we recognize the need to do more. While we have made progress in optimizing water use and recycling processes at our sites in recent years, identifying and implementing targeted reduction measures remains a priority for NGI going forward.

Environmental report 2025

Water use indexed to net revenues [m3/MCHF]

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Waste generation and disposal

Waste generation

Waste generation indexed to net revenues

Waste disposal

Share of hazardous & non-hazardous waste in 2025

[t]

[t/MCHF]

We recognize the importance of effective waste management in promoting resource efficiency and contributing to the circular economy. Our waste reporting covers operational and office waste generated across our sites. In 2025, total operational waste increased by 5%, reaching 446 tonnes, driven by higher production volumes. While decoupling waste generation from production output remains a challenge and a priority, the composition of how we manage that waste has transformed significantly. The most notable achievement is our landfill share, which has fallen from 16.7% in 2020 to just 0.1% in 2025, well below our target of 5% or below by 2025. This has been made possible by a sustained shift toward recycling, which now accounts for 80% of our waste disposal, up from 66% in 2020. Non-recyclable waste is redirected to incineration, which stood at 20% in 2025.

[%]

Hazardous waste totaled 42 tonnes in 2025, a modest increase of 6 tonnes compared to 2024, broadly in line with production growth. Non-hazardous waste reached 404 tonnes. We continue to prioritize the safe disposal of hazardous waste and remain committed to monitoring and reducing it over time.

Recycling

Environmental report 2025

Incineration

Landfill

Hazardous

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Non-hazardous

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CASE STUDY

Safer Cleaning Chemicals in CNC Production To improve environmental performance and worker safety, NGI replaced a corrosive cleaning chemical in CNC production with a safer alternative, removing 650 liters of hazardous chemicals annually. End 2025, NGI replaced the cleaning chemical Curatech TA 258 with DST/DEGREEZ 9 in our CNC processes. The change removes 650 liters of corrosive chemicals annually and results in a 100% elimination of strongly corrosive and acutely toxic substances in this part of our production. The purpose is to strengthen our environmental performance, improve occupational safety, and support our long‑term ESG ambitions. The switch replaces a hazardous chemical with a significantly milder, biodegradable alternative, without compromising operational stability. The new process is fully implemented across all relevant CNC units.

Environmental report 2025

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Data & index NGI Units

2020

2021

2022

Moovimenta 2023

2024

2025

2020

2021

2022

2023

2024

2025

Energy Energy use

MWh

2,281

2,636

2,357

2,252

2,690

3,082

119,469

135,025

141,586

131,528

132,474

132,771

Energy use indexed by net revenues

MWh/MCHF

58.5

54.4

45.7

47.1

53.6

53.1

170.6

164.9

164.7

165.1

166.6

170.6

Renewable energy consumption

MWh

1,585

1,502

1,703

2,081

13,670

19,719

40,298

38,594

37,506

41,096

tCO2e

11,631

13,058

14,429

13,497

13,754

13,909

Stationary combustion

tCO2e

11,631

13,058

12,398

10,642

10,518

10,797

Mobile combustion

tCO2e

2,032

2,854

3,235

3,112

373

523

366

274

273

279

15,088

17,708

19,206

15,737

14,478

14,552

GHG emissions Scope 1 (Direct) – Sub-total

Scope 2 (Indirect)

tCO2e

Location-based

tCO2e tCO2e

304

16,510

13,285

12,066

11,159

10,255

9,977

Carbon footprint (Scope 1&2 market-based)

tCO2e

304

28,141

26,342

26,496

24,656

24,009

23,886

Carbon footprint indexed by net revenues

tCO2e/MCHF

7.8

1.8

1.5

1.9

1.5

40.2

32.2

30.8

30.9

30.2

30.7

Market-based

VOC emissions VOC emissions

kgVOC

2,029

2,261

2,465

2,684

3,766

3,559

130,271

158,970

181,893

137,490

144,501

146,389

VOC emissions indexed by net revenues

kgVOC/MCHF

52.0

46.7

47.8

56.1

75.0

61.3

186.0

194.1

211.6

172.5

181.7

188.1

Water use

1,570

1,875

1,907

1,982

1,930

2,095

100,866

101,772

100,363

99,069

99,036

98,585

Water use indexed by net revenues

m3/MCHF

40.2

38.7

37.0

41.4

38.4

36.1

144.0

124.3

116.7

124.3

124.5

126.7

1,144

1,043

1,139

Water

Waste Hazardous Waste

Non-hazardous Waste

318

387

404

Total Waste

365

447

388

345

423

446 9,325

10,573

12,380

11,220

11,573

11,670

Total Waste indexed by net revenue

t/MCHF

9.3

9.2

7.5

7.2

8.4

7.7 13.3

12.9

14.4

14.1

14.6

15.0

10,076

10,530

10,531

Note: Renewable energy consumption includes on-site solar generation, 100% renewable electricity purchased and ethanol fuel.

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Data scope In scope Energy consumption, greenhouse gas (GHG) emissions, volatile organic compounds (VOC) emissions, water use, and waste generation.

Out of scope • Energy use and GHG emissions (mobile combustion) from company vehicles in the 2020 and 2021 data.

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Glossary CO₂e CSRD ESG ESRS EU FTE GHG R&D SDGs UN UNGC VOC

Carbon dioxide equivalent Corporate Sustainability Reporting Directive Environmental, Social and Governance European Sustainability Reporting Standards European Union Full-time equivalent Greenhouse Gas Research and Development Sustainable Development Goals United Nations United Nations Global Compact Volatile Organic Compounds

Units kg kgVOC kWh m3 MCHF MWh t tCO2e

Environmental report 2025

Kilogram Kilogram Volatile Organic Compounds Kilowatt hour Cubic meter Million Swiss franc Megawatt hour Metric tonnes Metric tonnes carbon dioxide equivalent

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