Tekna Holding ASA

Environmental & Social Information • Apr 22, 2023

TEKNA HOLDING 2022 SUSTAINABILITY REPORT: Broader CO2 mapping and enhanced reporting transparency

TEKNA HOLDING 2022 SUSTAINABILITY REPORT: Broader CO2 mapping and enhanced reporting transparency

22.4.2023 10:00:01 CEST | Tekna Holding ASA | Non-regulatory press releases

2022 was another year of global challenges, but also of important achievements

towards meeting Tekna's sustainability commitments for 2030. Key improvements

include a 19% reduction of the Scope 2 emissions and a 20% reduction of our

energy intensity per kilogram of additive material produced compared to baseline

The Tekna Holding ASA Sustainability Report -

https://2094793.fs1.hubspotusercontent-na1.net/hubfs/2094793/Investor%20pages/Te

kna%20Holding%20ASA%20-%20Sustainability%20Report%20(extract%202022%20Annual%20R

eport%20vF%20-%20title%20page%20updated).pdf was issued earlier this April.

"Tekna is in the process of revisiting its corporate purpose. Building on our

core, sustainability will play a more explicit role in our strategy. The vision,

mission and values for the corporation will integrate driving positive impact,

creating sustainable value for the company as well as society. Our

Sustainability vision consists of three parts: Circularity in our value-chain,

Business model resilience and Resilience across and for all stakeholders.", says

Luc Dionne, CEO.

Highlights in 2022 include:

* We have made great strides towards reducing our single-use plastic packaging

by finalizing the development of a universal and reusable container for

additive manufacturing powders. Given Tekna's projected volumes, the company

could avoid ~1 million tCO2e over the next five years.

* Tekna has submitted its first 25 suppliers to a business partner

sustainability due diligence process covering topics such as supply chain,

risk assessment, management systems, working conditions, social

responsibility, environment, anti-corruption, and conflict minerals.

* Last year, we communicated our ambitions to reduce CO2 emissions in scopes 1

and 2 by 50% by 2030. In scope 2 we realised a reduction of 19% compared to

2021 to 34 tCO2e (42 tCO2e) this was achieved mainly by regulating the office

temperature in Tekna's European offices.

* We have completed our initial baseline mapping of categories in scope 3, such

as Employee Commute, Business Travel, Waste, and Fuel and Energy related

activities. Tekna is well on its way to having a thorough understanding of

the emissions they directly influence.

* We signed the United Nations Global Compact, which is a voluntary initiative

based on the CEO's commitment to implement universal sustainability

principles (on Human Rights, Labour, Environment, Anti-corruption) and to

take steps to support UN goals.

* 345 Health and safety audits and awareness interactions took place between

management and personnel throughout the year.

* 62% of employees have passed with success the Cyber security training in 2022

''We have a solid foundation on which to build our sustainability journey. Our

manufacturing locations are based in countries where we can utilize clean

energy, such as renewable hydropower in Canada and nuclear power in France. Our

vision is to expand these sites to produce each metal powder in North America

and Europe, bringing our products closer to the point-of-use and creating supply

resilience through redundancy.'' - Arina van Oost, VP Corporate Strategic

Development and Innovation

For our second year of sustainability reporting, we have adopted a methodology

that further enhances transparency by publishing stand-alone reports on key

topics. On our website you can find the following reports: Sustainability Report

-

https://2094793.fs1.hubspotusercontent-na1.net/hubfs/2094793/Investor%20pages/Te

kna%20Holding%20ASA%20-%20Sustainability%20Report%20(extract%202022%20Annual%20R

eport%20vF%20-%20title%20page%20updated).pdf, Human Rights and Transparency Act

Report -

https://2094793.fs1.hubspotusercontent-na1.net/hubfs/2094793/Investor%20pages/Te

kna%20Holding%20ASA%20-%20Human%20Rights%20and%20Transparency%20Act%20Report%202

022%20vF.pdf, Carbon Accounting Report -

https://2094793.fs1.hubspotusercontent-na1.net/hubfs/2094793/Investor%20pages/Te

kna%20Holding%20ASA%20-%20Carbon%20Accounting%20Report%202022%20vF.pdf, GRI

Report -

https://2094793.fs1.hubspotusercontent-na1.net/hubfs/2094793/Investor%20pages/Te

kna%20Holding%20ASA%20-%20GRI%20Report%202022%20vF.pdf and the EU Taxonomy

Progress Report -

https://2094793.fs1.hubspotusercontent-na1.net/hubfs/2094793/Investor%20pages/Te

kna%20Holding%20ASA%20-%20EU%20Taxonomy%20Progress%20Report%202022%20vF.pdf. All

of which have been published earlier this April and cover the collective efforts

from the contributors in the Tekna ecosystem and value chain, including our

global subsidiaries in Canada, France, China and Korea.

*FY22 is the period from January 1st 2022 to December 31st 2022

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section

5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Arina van Oost, Investor Relations | VP Corporate Strategic Development &

Innovation, Tekna, +1 438 885 6330, Investors@tekna.com

ABOUT TEKNA HOLDING ASA

Tekna is a world-leading provider of advanced materials to industry,

headquartered in Sherbrooke, Canada.

Tekna produces high-purity metal powders for applications such as 3D printing in

the aerospace, medical and automotive sectors, as well as optimized induction

plasma systems for industrial research and production. With its unique,

IP-protected plasma technology, the company is well positioned in the growing

market for advanced nanomaterials within the electronics and batteries

industries.

Building on 30 years of delivering excellence, Tekna is a global player

recognized for its quality products and its commitment to its large base of

multinational blue-chip customers. Tekna's powder products increase productivity

and enable more efficient use of materials, thereby paving the way towards a

more resilient supply chain and circular economy.

https://www.tekna.com

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847682/2262/3096/Download%20announcement

%20as%20PDF.pdf

LINKS

Link to download site for all the reports mentioned - https://www.tekna.com/esg