Automation and robotics

“As these technologies evolve, some services and tasks currently performed by our people have been and will continue to be replaced by automation, including AI-enabled solutions, which will lead to reduced demand for our services and/or adversely affect the utilization rate of our professionals, if demand for those services is not replaced by demand for new solutions and services or if the pace and level of spending on new solutions or services are not sufficient to make up any shortfall.”

Annual report 2025A · The company itself

“In these situations, we have engaged, and may in the future engage, in actions to rebalance our workforce, including reducing the rate of new hires and increasing involuntary terminations as a means to keep our supply of people and skills in balance with client demand, such as the three-pronged talent strategy initiated in the fourth quarter of fiscal 2025.”

Annual report 2025A · The company itself

“Our ability to improve or maintain our profitability is dependent on our being able to successfully manage our costs, including taking actions to reduce certain costs and optimize our business including through the use of new technologies, such as advanced AI.”

Annual report 2025A · The company itself

“We strive to adjust pricing as well as drive cost and delivery efficiencies, such as changing the mix of people and utilizing technology, to reduce the impact of compensation increases on our margin and contract profitability. Our ability to grow our revenues and maintain or increase our margin could be adversely affected if we are unable to: match people and skills with the types or amounts of solutions and services clients are demanding; recover or offset increases in compensation; deploy our employees globally on a timely basis; manage attrition; and/or effectively assimilate new employees.”

Annual report 2025A · The company itself

“Operations We operate business processes on behalf of clients for specific enterprise functions, including finance and accounting, sourcing and procurement, supply chain, marketing and sales, and human resources, as well as industry-specific services, such as platform trust and safety, banking, insurance, network and health services. We help organizations with reinvented operations, enabled by SynOps, our proprietary AI-powered, cloud-enabled platform that empowers people with data, processes, automation and a broad ecosystem of technology partners to transform enterprise operations at speed and scale.”

Annual report 2025A · The company itself

“Our consulting revenue continues to be driven by helping our clients accelerate their reinvention, leveraging cloud, enterprise platforms, security, AI and data, including advanced AI, as well as our change capabilities to help clients build new skills and drive the successful adoption of new processes and technologies. In addition, clients continue to be focused on initiatives designed to deliver cost savings, supply chain and operational resilience, as well as to accelerate growth and improve customer experiences.”

Annual report 2025A · The company itself

“In our managed services business, revenues for fiscal 2025 increased 9% in both U.S. dollars and local currency compared to fiscal 2024. Managed services revenue growth in local currency for fiscal 2025 was driven by very strong growth in the Americas and strong growth in EMEA and Asia Pacific. We continue to experience growing demand to assist clients with reinvented operations, application development and maintenance, and infrastructure management including cloud and security.”

Annual report 2025A · The company itself

“Den snabba teknologiska globala utvecklingen förändrar Life Science marknaden genom innovationer inom produktutveckling, forskning och vård. Användningen av uppkopplade enheter, automatisering, artificiell intelligens (AI) och andra teknikområden leder inte bara till nya produkter utan också till nya sätt att använda instrument och diagnostiska tester. Detta banar väg för nya affärsmöjligheter genom nya behandlings- och vårdmetoder och påverkar även leverantörers operativa verksamheter.”

Annual report 2023A · The company itself

“Our business may also be adversely impacted by new or changing technologies and new business models affecting the auto insurance industry Increasing adoption of newer technologies such as advanced driver assistance systems and autonomous vehicles or changes in business models that increase ride or car sharing could disrupt the demand for products, create coverage issues, impact the frequency or severity of losses, or reduce the size of the automobile insurance market causing our auto insurance business to decline.”

Annual report 2025A · The company itself

“Our ability to attract, develop, and retain talent to maintain appropriate staffing levels and a successful work culture is critical to our success Competition for qualified employees with highly specialized knowledge in areas such as underwriting, data and analytics, technology and cybersecurity, is intense.”

Annual report 2025A · The company itself

“(Applies to all Registrants) Performance is highly dependent on the successful operation of generation, transmission and/or distribution facilities. Operating these facilities involves many risks, including: •Operator error and breakdown or failure of equipment or processes. •Operating limitations that may be imposed by environmental or other regulatory requirements. •Labor disputes. •Compliance with mandatory reliability standards, including mandatory cybersecurity standards. •Information technology failure, including failure of AI technology, that impairs AEP’s information technology infrastructure or disrupts normal business operations. •Information technology failure that affects AEP’s ability to access customer information or causes loss of confidential or proprietary data that materially and adversely affects AEP’s reputation or exposes AEP to legal claims.”

Annual report 2025A · The company itself

“In addition, the regulatory environment and differentiated payment models and technologies from non-traditional players in the alternative payments space could pose challenges to our payment model and adversely impact our merchant discount rates. Some merchants, including large tech companies and other large merchants, continue to invest in their own payment and financing solutions, such as proprietary-branded digital wallets, using both traditional and new technology platforms. If merchants are able to drive broad consumer adoption and usage, it could adversely impact our merchant discount rates and network and loan volumes.”

Annual report 2025A · The company itself

“The process of developing new products and services, enhancing existing products and services and adapting to technological changes and evolving industry standards is complex, costly and uncertain, and any failure by us to accurately anticipate and respond to customers’ changing needs and emerging technological trends could significantly impede our ability to compete effectively. Our competitors may develop, or partner with companies that develop, products, platforms or technologies that become more widely adopted by consumers, merchants or service providers than ours, including as a result of increased involvement by technology companies in the payments industry and our competitors’ greater scale or ability to pursue and adopt new technologies.”

Annual report 2025A · The company itself

“The Intelligent Edge is characterized by ubiquitous sensing, hyper-scale and edge computing, artificial intelligence (AI) and pervasive connectivity. These technological trends drive new generations of applications that expand the demand for Analog Devices’ high-performance analog, mixed-signal, power and RF ICs.”

Annual report 2025A · The company itself

“The following describes some of the characteristics of, and customer products within, our major end markets of Industrial, Automotive, Communications and Consumer: Industrial — Our industrial market includes the following sectors: Industrial Automation — We are a leader in industrial automation demonstrated through our delivery of robust, high-performance solutions derived from our expertise in deep motion and process control and precision sensing measurement and interpretation, which translate into expansive connectivity and power capabilities. We take real-world phenomena in the most complex environments on the factory floor and translate them into valuable insights and outcomes. We co-create with customers to architect robotics systems and solutions that improve dynamic behavior and precision while enhancing worker safety, machine health and manufacturing flexibility. Our industrial automation market includes applications such as: • Condition-based monitoring (CbM) • Industrial power supplies • Industrial robotics • Industrial motion control • Factory and process control Instrumentation & Measurement — Trusted measurement is at the forefront of innovation.”

Annual report 2025A · The company itself

“Semiconductors provide the foundation for advances in technology that are reshaping the global economy, including artificial intelligence, the internet of things, robotics, electric and autonomous vehicles, and clean energy.”

Annual report 2025A · The company itself

“Research, Development and Engineering Our long-term growth strategy requires continued development of new materials engineering solutions, including products and platforms that enable expansion into new and adjacent markets.”

Annual report 2025A · The company itself

“Through acquisitions (see the following section) and through own product development, the offering to support customers in automating their production was expanded.”

Annual report 2024A · The company itself

“The strategy is to continue to grow the business profitably by building on technological leadership and continuously offering products and services that improve customers’ productivity, flexibility, quality, energy efficiency, safety, and ergonomics.”

Annual report 2024A · The company itself

“Several new products were introduced to the market during the year.”

Annual report 2024A · The company itself

“Our four business areas offer compressed air and gas solutions, vacuum solutions, energy solutions, dewatering and industrial pumps, industrial power tools, and assembly and machine vision solutions.”

Annual report 2024A · The company itself

“Autonomous driving, connected cars and electric vehicles are transforming the automotive industry. We are wellpositioned to sustainably adapt to these new business opportunities.”

Annual report 2024A · The company itself

“Our understanding of these trends, paired with our approach to real-life safety, enables us to innovate and stay competitive. We challenge and redefine the standards of mobility safety to sustainably deliver leading solutions. Our research and innovation capabilities are well-equipped to deal with electrified and automated cars and to create specially designed safety products to protect vulnerable road users.”

Annual report 2024A · The company itself

“Our ability to maintain and improve existing products, while successfully developing and introducing distinctive new and enhanced products that anticipate changing customer and consumer preferences and capitalize upon emerging technologies will be a significant factor in our ability to remain competitive. We may not be able to effectively implement new technologydriven products and services or be successful in marketing such products and services.”

Annual report 2024A · The company itself

“The APS, based on the goals of improving quality and efficiency, is at the core of Autoliv’s manufacturing philosophy. APS integrates essential quality elements, such as mistake proofing, statistical process control and operator involvement, into the manufacturing processes so all Autoliv associates are aware of and understand the critical connection between themselves and the Company's lifesaving products.”

Annual report 2024A · The company itself

“Autoliv’s assembly operations generally are not constrained by capacity considerations unless there is a disruption in the supply of raw materials and components. When dramatic shifts in LVP occur, Autoliv can generally adjust capacity in response to any changes in demand within a few days by adding or removing work shifts and within a few months by adding or removing standardized production and assembly lines. Most of Autoliv’s assembly factories can make sufficient space available to accommodate additional production lines to satisfy foreseeable increases in capacity.”

Annual report 2024A · The company itself

“Restructuring, efficiency, and strategic initiatives and capacity alignments are complex and difficult and at any time additional restructuring steps may be necessary, possibly on short notice and at significant cost Our restructuring, efficiency, and strategic initiatives and capacity alignments include efforts to adjust our manufacturing capacity, direct and indirect labor workforce, and cost structure to meet current and projected operational and market requirements, including plant closures, transfer of sourcing to best cost countries, consolidation of our supplier base, and standardization of products to reduce our overhead costs and consolidate our operational centers. The successful implementation of our restructuring activities and capacity alignments will involve sourcing, logistics, technology, and employment arrangements.”

Annual report 2024A · The company itself

“In 2024, however, the Company achieved its 5% productivity target, as gradual improvement in customer call -off volatility enabled an improved operational efficiency.”

Annual report 2024A · The company itself

“We also saw positive results on direct labor efficiency in 2024, especially in the second half year.”

Annual report 2024A · The company itself

“To meet this target, Autoliv has developed a set of strategies to reduce costs in manufacturing: • Autoliv production system (APS) is based on lean manufacturing methodology which aims to continuously increase output with less resources.”

Annual report 2024A · The company itself

“Global megatrends such as the e-commerce and automation drive, changing consumer demand, the emergence of micro-fulfillment centers and a general need for more sustainable solutions constitute a strong platform for continued growth.”

Annual report 2022A · The company itself

“Automation penetration in the warehouse segment remains low, with more than 80% of warehouses still having no automated retrieval system of any kind. The addressable market for warehouse automation is estimated at USD 230 billion .”

Annual report 2022A · The company itself

“The need for businesses to increase the efficiency of their warehousing activities and reduce capital spend on labor has resulted in increasing adoption of warehouse automation in global supply chains. The trend towards automated warehousing is impacting the competitive landscape, and will continue to do so. Increased customer-driven demand for automated storage and retrieval system (AS/RS) solutions and technological advancements are attracting competitors to the AS/RS market.”

Annual report 2022A · The company itself

““We have a substantial, broad and growing portfolio of intellectual property rights relating to different aspects of our hardware and software. In 2022, we secured 652 patents, and achieved 23% year-on-year growth in patent filings.”

Annual report 2022A · The company itself

“In 2022, the total number of patents granted was 652 (2021: 420), and AutoStore registered 23% year-on-year growth in patent filings. The group reported USD 34.1 million (2021: USD 28.2 million) in development expenditure in 2022.”

Annual report 2022A · The company itself

“The AutoStore System consists of an aluminum Grid, Robots, Bins, Ports and a Controller. Robots ride on rails along the top of the Grid, retrieving Bins as needed. Using the Router software platform, the Controller constantly adjusts the location and path of Robots in real time.”

Annual report 2022A · The company itself

“The majority of total revenues was attributable to sales of AutoStore systems.”

Annual report 2022A · The company itself

“Logistik och lagerhantering är hörnstenar i Boozts affärsmodell där vårt hanteringscenter i Ängelholm möjliggör snabba leveranser och effektiva returer. Verksamheten där är optimerad så att kostnaderna minskas samtidigt som snabbheten och pålitligheten ökar, faktorer som bidrar till en bra kundupplevelse.”

Annual report 2024A · The company itself

“Hantering och distribution Boozts lagerhantering är förankrad i Boozts hanteringscenter i Ängelholm, en högteknologisk anläggning som uttrycker vårt engagemang för effektivitet, skalbarhet och innovation. Hanteringscentret är inte bara ryggraden i Boozts verksamhet utan också en viktig faktor som särskiljer oss, och som gör att vi kan ge kunder i hela Norden hög service.”

Annual report 2024A · The company itself

“Vårt hanteringscenter består av tre AutoStore-kuber, och tidigare krävdes manuell hantering när ordrar innehöll varor från flera kuber. Med hjälp av de installerade transfercellerna förflyttas nu lådor automatiskt mellan kuberna via transportband, vilket effektiviserar ordersammanslagningar och eliminerar behovet av manuellt arbete.”

Annual report 2024A · The company itself

“Utökad automatisering Den planerade investeringen att öka hanteringskapaciteten kommer att påbörjas 2025, men även under 2024 gjordes viktiga utökningar av automatiseringen då transferceller installerades på vårt hanteringscenter i Ängelholm. Syftet med installationen var att optimera kostnadsstrukturen genom att både minska det manuella arbetet och öka effektiviteten och hastigheten.”

Annual report 2024A · The company itself

“På vårt hanteringscenter i Ängelholm genomfördes stora förbättringar. Genom att förfina robottekniken och installera transferceller mellan våra AutoStore-enheter ökade vi anläggningens effektivitet och skalbarhet väsentligt, något som säkerställer vår långsiktiga operativa kapacitet.”

Annual report 2024A · The company itself

“Vi har även börjat använda AI och automatisering i alla våra verksamheter, som nu är mer anpassade och effektivare. AI optimerar allt från kundtjänst och produktbeskrivningar till marknadsföringsinsatser och upptäckt av bedrägerier. Efterhand som vi integrerar AI ytterligare i verksamheten kommer vi närmare vårt långsiktiga mål om en rörelsemarginal om 10%.”

Annual report 2024A · The company itself

“I syfte att stödja Boozts fortsatta tillväxt ska vi utöka logistikkapaciteten väsentligt. Mellan 2025 och 2027 planerar Boozt att investera 500 miljoner kronor i att utöka lagerytan och förbättra varornas genomströmningskapacitet med minst 50%, en utbyggnad som ökar kapaciteten till att klara en nettoomsättning på över 15 miljarder kronor.”

Annual report 2024A · The company itself

“Att äga värdekedjan Boozts affärsmodell bygger på att behålla kontroll över hela värdekedjan. Detta möjliggör verksamhetsoptimering och hög flexibilitet samtidigt som en smidig köpupplevelse säkerställs.”

Annual report 2024A · The company itself

“Investeringar beräknas ligga inom intervallet 170–200 miljoner kronor för år 2025. Som tillkännagavs under 2024 planerar Boozt att under perioden 2025-2027 investera cirka 500 miljoner kronor i kapacitetsutökning, varav cirka 75 miljoner kronor ska investeras under 2025.”

Annual report 2024A · The company itself

“The industry is undergoing rapid technological change, including the emergence of disruptive technologies and accelerated adoption of automation and AI. Competitors are leveraging advanced digital platforms, AI-driven freight matching, and automation to improve efficiency and reduce costs.”

Annual report 2025A · The company itself

“kunder inden for celle- og genterapi i stigende grad ønsker at automatisere deres produktionsprocesser”

Annual report 2025A · The company itself

“vi ser gode muligheder for, at ChemoMetec kan opbygge en stærk markedsposition på dette område”

Annual report 2025A · The company itself

“Kunderne oplever høje produktionspriser samt kapacitetsbegrænsninger, og det håber de at kunne løse via en komplet automatisering af deres produktion. Vi arbejder meget aktivt på at blive en del af kundernes proces, når de skal automatisere, og vi er glade for allerede nu at være med som leverandør og rådgiver, når de nye produktionslinjer skal bygges.”

Annual report 2025A · The company itself

“Farma- og biotekvirksomheder Over de senere år er der blevet udviklet og godkendt stadig flere nye behandlinger inden for celle- og genterapi, og flere af behandlingerne er nu i produktion. • Celle- og genterapi • Bioprocessing • Udvikling • Produktions- og proceskontrol I øjeblikket er produktionsomkostningerne til terapierne dog relativt høje, og kunderne har derfor stort fokus på at reducere omkostningerne, og det kan kun ske i tilstrækkelig grad gennem en øget automatisering af produktionsprocesserne. Derfor er der i branchen p.t. betydeligt fokus på at afsøge forskellige muligheder for at automatisere og integrere de forskellige produktionsprocesser, herunder celletælling. • Produktions- og procesudvikling Hospitalslaboratorier Forskning og Udvikling (privat og offentlig) • Celle- og genterapi Markedet for bioprocessing er et stort og voksende marked, som indtil nu har haft en begrænset betydning for ChemoMetec.”

Annual report 2025A · The company itself

“Derimod skal vi hos kunder inden for bioprocessing være i stand til at erstatte allerede validerede produkter med XM40, hvilket kræver tid og tålmodighed.”

Annual report 2025A · The company itself

“I de kommende år forventer ChemoMetec, at celletællingsmarkedet inden for såvel celle- og genterapi som bioprocessing vil vise betydelig vækst, og at væksten inden for celle- og genterapi vil være drevet af den igangværende automatiseringsbølge inden for produktion af terapier. Vi forventer, at markedet for automatisering vil blive et stort og væsentligt marked for ChemoMetec i fremtiden.”

Annual report 2025A · The company itself

“De mindre nystartede virksomheder har derimod fortsat vanskeligt ved at tiltrække ny kapital til finansiering af deres udviklingsprojekter, og det har blandt andet betydning for udviklingsprojekter i de tidligere faser, som typisk igangsættes af denne type virksomheder. Det forventes, at markedet for automatisering inden for både celle- og genterapi og bioprocessing vil vokse betydeligt i de kommende år, og med lanceringen af XcytoMatic-produkterne har vi ambitioner om at opnå en betydelig andel af dette marked.”

Annual report 2025A · The company itself

“valideringsprocessen, som i forbindelse med automatiseringsprojekter er væsentlig længere, end vi hidtil har været vant til for vores øvrige produkter. Salget af instrumenter på XcytoMatic-platformen bidrog tilsammen med DKK 27,7 mio. (2023/24: DKK 8,3 mio.), hvoraf salget på det nordamerikanske marked udgjorde DKK 21,1 mio. Læs mere om XcytoMatic-produkterne i afsnittene ”Vores produkter” og ”Produktudvikling”.”

Annual report 2025A · The company itself

“Udviklingen i markedsforholdene har understøttet mulighederne for salg af vores NucleoCounter-produkter til virksomhederne, der har forsøg i gang, og samtidig er der ved at opstå et helt nyt marked inden for automati- Ledelsens beretningꢀ|ꢀCEO letter Årsrapport 2024/25ꢀ|ꢀChemoMetec 4 "Vi oplever i øjeblikket, at der er ved at opstå et nyt attraktivt marked for ChemoMetec, da vores kunder inden for celle- og genterapi i stigende grad ønsker at automatisere deres produktionsprocesser, herunder celletællingen. Vores nye højteknologiske XcytoMatic 30 og XcytoMatic 50 er udviklet med henblik på at kunne indgå i kundernes automatiske produktionsflows, og vi ser gode muligheder for, at ChemoMetec kan opbygge en stærk markedsposition på dette område."”

Annual report 2025A · The company itself

“Vi har lært Samtidig med vores store fokus på igen at skabe vækst i den eksisterende forretning har vi i løbet af året anvendt mange ressourcer på lanceringen af vores nye, højteknologiske XcytoMatic-produkter. meget af de igangværende valideringer – fremfor alt har vi fået et godt indblik i valideringsprocessen, som i forbindelse med automatiseringsprojekter er væsentligt længere, end vi hidtil har været vant til for vores øvrige produkter. Men vi har også fået endnu større tiltro til det fremtidige potentiale for de nye produkter.”

Annual report 2025A · The company itself

“Med lanceringen af XcytoMatic 40 er ChemoMetec på vej ind på markedet for bioprocessing, hvor vores tilstedeværelse tidligere har været begrænset. Det er er stort og attraktivt marked med stabil vækst – og et marked domineret af store virksomheder, som kun i begrænset omfang er påvirket af ændringer i markedsforholdene.”

Annual report 2025A · The company itself

“De nye instrumenter XcytoMatic 30 og 50, der begge er udviklet på den samme teknologiplatform som Xcyto- Matic 40, imødekommer blandt andet vores celle- og genterapikunders ønske om automatisering og hermed effektivisering og store besparelser i forbindelse med celletælling. Kort sagt handler det om at automatisere prøveudtagningen og celletællingen, som hidtil primært Over det seneste år er der sket en væsentlig stigning i antallet af valideringer af vores instrumenter hos potentielle fremtidige kunder, og vi forventer, at den positive Igangsættelse af nyt udviklingsprojekt I 2024/25 tog vi endvidere hul på et af vores hidtil mest ambitiøse projekter: At sætte en ny global standard for Ledelsens beretningꢀ|ꢀCEO letter Årsrapport 2024/25ꢀ|ꢀChemoMetec 5 prøvehåndtering. Med vores kommende Sample Management System, der integrerer XcytoMatic 50 og en ny softwareplatform, vil vi tilbyde fuldautomatiseret prøvehåndtering fra udtagning til analyse.”

Annual report 2025A · The company itself

“Vi forventer, at udvikling af softwareløsninger vil komme til at spille en stadig mere betydende rolle for ChemoMetec i de kommende år. Det samme gælder udviklingen af yderligere løsninger, der muliggør en øget automatisering af prøvehåndtering hos vores kunder.”

Annual report 2025A · The company itself

“Varianter af produkter i XcytoMatic-familien er udviklet til at kunne indgå som en integreret del af de fuldautomatiserede løsninger hos vores kunder. Analyseudstyret kan enkelt integreres i det samlede workflow.”

Annual report 2025A · The company itself

“Ledelsens beretningꢀ|ꢀProduktudvikling Årsrapport 2024/25ꢀ|ꢀChemoMetec 34 Produktudvikling I det forløbne år er ChemoMetecs udviklingsressourcer primært blevet anvendt til færdiggørelse af XcytoMatic 30, XcytoMatic 40, Xcyto 5 og NC-203, herunder også den tilhørende software.”

Annual report 2025A · The company itself

“Med lanceringen af XcytoMatic 30 og efterfølgende XcytoMatic 50 har vi mulighed for at tilbyde kunderne to nye instrumenter, der kan indgå i et fuldt eller delvist automatisk setup. Vi har i det forløbne år arbejdet målrettet på at introducere de nye produkter til eksisterende og potentielle kunder, og der er gradvist kommet gang i salget, ligesom der er sket en væsentlig stigning i antallet af valideringer af vores instrumenter.”

Annual report 2025A · The company itself

“Paletten af serviceprodukter vil blive udvidet i takt med den øgede udbredelse af produkter på XcytoMatic-platformen.”

Annual report 2025A · The company itself

“Lanceringen af de nye XcytoMatic-produkter forløber tilfredsstillende, efter at den gradvise lancering blev påbegyndt i 2023/24.”

Annual report 2025A · The company itself

“Udviklingen inden for de enkelte forretningsområder De to vigtigste forretningsområder/ markedsområder for ChemoMetec Forretningsområde 1 Forretningsområde 2 LCB-markedet: Life science research, Celleog genterapi og Bioprocessing Produktions- og kvalitetskontrol af dyresæd, øl og mælk Instrumenter: NC-200, NC-202, NC-203, NC-250, NC-3000, NC-100, XM30/XM40/XM50 og Xcyto 5 Instrumenter: SP-100, NC-202 og SCC-100 ChemoMetecs vigtigste forretningsområde er salg af celletællings- og analyseudstyr til tre delområder A) Life science research, B) Celle- og genterapi og C) Bioprocessing.”

Annual report 2025A · The company itself

“Læs mere om Xcyto 5 på https://chemometec.com/ nucleocounters/xcyto-5/ Sample Management System I regnskabsåret 2024/25 påbegyndte vi udviklingen af et nyt produkt: Sample Management System. Systemet er ChemoMetecs bud på et komplet end-to-end prøvehåndteringssystem. En vigtig komponent i systemet er vores kommende instrument XcytoMatic 50, som integreres direkte i løsningen og muliggør sammenhængende automatisering fra udtagning til analyse af prøven.”

Annual report 2025A · The company itself

“XM50 er en fuldautomatisk celletæller, der er bygget på samme teknologiplatform som XM30 og XM40. Den er ligesom XM30 tænkt at skulle indgå i et fuldautomatisk produktionsflow. XM50 modtager prøver i en mikroplade, som kan indeholde op til 96 prøver. XM50 er udstyret med en robotarm, så instrumentet selv kan udtage prøverne fra mikropladerne.”

Annual report 2025A · The company itself

“XM40 er udviklet til at indgå i et semiautomatisk produktionsflow, primært på bioprocessing-markedet, hvor der er tradition for anvendelsen af karruselbaserede instrumenter. Med XM40 kan kunden på ca. 15 minutter foretage en hurtig og præcis celletælling på 24 prøver, som kan have et celletal op til 100 mio. celler pr. ml.”

Annual report 2025A · The company itself

“XcytoMatic 50 (XM50) ChemoMetec påbegyndte i 1. halvår 2024/25 udviklingen af XcytoMatic 50 (XM50), som kan håndtere analyse af prøver i mikroplade-format. Produktet bliver udviklet i tæt samarbejde med større kunder.”

Annual report 2025A · The company itself

“Kunder og markeder Innovation og produktion • Lancering af XcytoMatic 50 og andre produkter til automatisering inden for celle- og genterapi. • Bredere lancering af celletællerne XcytoMatic 30 og XcytoMatic 40, der er målrettet bioprocessingmarkedet samt automatiserings-kunder inden for celle- og genterapi. • Udvikling af XcytoMatic 50 og Sample Management System. • Udvikling af software og andre produkter, der kan bidrage til automatisering og effektivisering hos kunderne, der typisk er underlagt høje krav til dokumentation og kvalitetskontrol. • Øget salg af eksisterende servicepakker og udvikling af nye serviceydelser til både nye og eksisterende produkter. • Øget salg til eksisterende kunder samt afdækning af deres behov inden for automatisering. • Udvikling af komplette løsninger til nye og eksisterende kunder. • Yderligere opskalering og effektivisering af produktionen samt indkøring af nye produkter i produktion.”

Annual report 2025A · The company itself

“Our competitiveness also depends on our ability to continue to develop and implement services and solutions that anticipate and respond to rapid and continuing changes in technology to serve the evolving needs of our clients. Examples include digital-, cloud- and security-related offerings, AI, augmented reality, automation, blockchain, IoT, quantum and edge computing, digital engineering and manufacturing and as-a-service solutions, among others, which are continually evolving.”

Annual report 2025A · The company itself

“Some services that we historically performed for our clients have been and will continue to be replaced by AI or other forms of automation, including our own AI-enabled client offerings.”

Annual report 2025A · The company itself

“Services and Solutions Our services include AI and other technology services and solutions, consulting, application development, systems integration, quality engineering and assurance, application maintenance, infrastructure and security as well as business process services and automation. Additionally, we develop, license, implement and support proprietary and third-party software products and platforms.”

Annual report 2025A · The company itself

“Intuitive Operations and Automation Our Intuitive Operations and Automation practice helps clients build and run modern operations through two main vehicles: AI-led automation, which includes advisory and process and IT automation solutions designed to simplify and accelerate automation adoption, and business process outsourcing services, which help deliver business outcomes including revenue growth, increased customer and employee satisfaction and cost savings. Our automation advisory, implementation and managed services experts partner with clients to transform end-to-end processes, design and manage the next-generation human and digital workforce, enable seamless experiences and achieve multi-fold productivity increases. Our technology-driven business process outsourcing services incorporate key AI use cases to help clients transform and run functions and industry-specific processes such as finance and accounting, omni-channel customer care, loan origination, annotation services, location-based services and medical data management.”

Annual report 2025A · The company itself

“Table of Contents We may not be able to keep pace with technological changes, including emerging AI technologies, and with changes in consumer demands and expectations. Our industry is subject to rapid technological change, and the demands and expectations of our consumers can change quickly.”

Annual report 2025A · The company itself

“Tillväxten drivs dels av digitaliseringen och uppkopplingen av maskiner och processer – industri 4.0 – dels av ökad automation och högre krav på hållbarhet.”

Annual report 2024A · The company itself

“Westermo har successivt byggt ut och moderniserat anläggningen i Sverige för att öka kapaciteten och effektivisera produktionen.”

Annual report 2024A · The company itself

“Avtalet innebär att WebIQ-mjukvaran integreras i Festos nya serie för styrning av maskiner och processer. Med hjälp av WebIQ förbättrar Festo användarupplevelsen och tillför värde genom att processer kan övervakas både på panelen och i mobila enheter som surfplattor och smartphones, vilket ökar den operativa effektiviteten och flexibiliteten.”

Annual report 2024A · The company itself

“Det var en hög gruvaktivitet under året, vilket bidrog till en stark efterfrågan, särskilt på service och lösningar som automation och digitalisering.”

Annual report 2024A · The company itself

“Med nästan 2000 FoU-ingenjörer globalt är runt 10% av personalstyrkan dedikerad till att utveckla nya värdeskapande lösningar för våra kunder. Under 2024 investerade vi mer än någonsin i FoU, mer än 2 miljarder kronor, och vi hade flera framgångsrika produktlanseringar.”

Annual report 2024A · The company itself

“1) Vi investerar i vad vi kallar "intern FoU", vilket motsvarar 3.6% (3.2) av våra intäkter.”

Annual report 2024A · The company itself

“Innovation ligger i vårt DNA och vi har fler än 1 900 (1 800) FoU-ingenjörer globalt. Det innebär att cirka 10% (10) av våra anställda ständigt arbetar med innovativ utrustning och lösningar för att stödja våra kunder.”

Annual report 2024A · The company itself

“Ett exempel är samarbetet med Boliden, Algoryx och Örebro universitet, med vilka vi är pionjärer i ett projekt med målet att uppnå helt autonom gruvdrift.”

Annual report 2024A · The company itself

“Epiroc har en marknadsledande position inom automation och autonom drift för borrning, lastning och transport med blandade flottor.”

Annual report 2024A · The company itself

“En stor majoritet av våra innovationsinsatser ligger inom digitalisering, automation och elektrifiering.”

Annual report 2024A · The company itself

“AI inom tillverkningen för att påskynda och förbättra kvalitetskontrollen genom att använda maskininlärning och datorseende för att analysera data från sensorer och produktionslinjer.”

Annual report 2024A · The company itself

“För att behålla vårt ledarskap inom innovation samarbetar vi med kunder, leverantörer och branschledare för att utveckla mer hållbara, säkra gruv- och infrastrukturverksamheter med låga koldioxidutsläpp.”

Annual report 2024A · The company itself

“Initiativ under 2024 inkluderar: - Åtgärder för att förbättra lönsamheten, inklusive översyn av servicekontrakt och konsolidering av produktionsanläggningar. - Ökad motståndskraft inom inköp och leveranskedja. - Expansion av tillverkningen i Hyderabad, Indien. - Ökad produktionskapacitet i Örebro, Sverige. - Uppdelning av Tools & Attachments divisionen i två.”

Annual report 2024A · The company itself

“Groundbreaking Intelligence är Epirocs strategiska expansion av sin portfölj med lösningar för digitalisering och automation. Genom flera förvärv under de senaste åren har Epiroc förbättrat sin förmåga att erbjuda heltäckande, skalbara lösningar som ligger i linje med branschens övergång till hållbarhet och effektivitet.”

Annual report 2024A · The company itself

“Låt mig ge några exempel: Automation: Vi ökade antalet förarlösa maskiner med 21% under 2024, och antalet maskiner som körs med autonom drift i blandad flotta överstiger nu totalt 3 450 maskiner. Jag gläds över det ökade intresset för våra automationslösningar, inklusive produkter för blandade flottor för applikationer både ovan och under jord.”

Annual report 2024A · The company itself

“Genom att använda avancerade lösningar såsom automation och uppkoppling, inklusive datadriven service och övervakning, kan kunder uppnå en högre nyttjandegrad vilket i sin tur leder till högre produktivitet och lägre driftskostnader. Vårt utbud av batteridrivna maskiner har visat sig vara mer produktivt än motsvarande dieselmaskiner, vilket hjälper kunderna att öka produktiviteten samtidigt som de minskar både utsläppen och kostnaderna för ventilation.”

Annual report 2024A · The company itself

“Genom innovation – särskilt inom automation, digitalisering och elektrifiering – uppnår vi mätbara säkerhetsoch miljövinster.”

Annual report 2024A · The company itself

“Djupare gruvor innebär en ökad efterfrågan på säkerhetslösningar, automation och batteridriven utrustning. Automation bidrar både till ökad säkerhet och till bättre utnyttjande av utrustningen.”

Annual report 2024A · The company itself

“Operatören kommer att uppmanas att sakta ner eller stanna Nivå 7: Varning Operatören kommer att varnas Nivå 1-6 Grundläggande Marknadsledande och leverantörsoberoende lösningar Epiroc har en marknadsledande position inom automation och autonoma lösningar för borrning, lastning och transport. Epirocs automatiseringsmetod är leverantörsoberoende, dvs. utformad för interoperabilitet.”

Annual report 2024A · The company itself

“Med dessa kan operatören fjärrstyra maskinen från ett säkert avstånd, "inom synhåll". Nästa nivå är teleremote, där operatören fjärrstyr maskinen med hjälp av flera kameror och sensorer.”

Annual report 2024A · The company itself

“Epiroc har teleremote-lösningar installerade på mer än 1 350 blandade fordonsflottor globalt.”

Annual report 2024A · The company itself

“Våra riggstyrsystem kan till exempel underlätta beslutsfattande baserat på data för den mest optimala autonoma driften. Skapar världens största OEM-agnostiska autonoma gruva Epiroc konverterar Roy Hills blandade flotta till förarlös drift i Australien. 78 självkörande gruvtruckar (Caterpillar och Hitachi) och över 200+ nyttofordon planeras att köras 24/7.”

Annual report 2024A · The company itself

“• Skyddar människor genom att hålla dem borta från utrustning och farliga situationer. • Ökar produktionsresultatet och precisionen i verksamheten. • Minskar energiförbrukningen och CO e-utsläppen. • Sänker den totala ägandekostnaden.”

Annual report 2024A · The company itself

“Våra produkter och tjänster, som är inriktade på elektrifiering, säkerhet, cirkularitet och teknisk utveckling, är avgörande för kundernas framgång och för att påskynda hållbarhetstransformationen.”

Annual report 2024A · The company itself

“Powerbit X med sina diamantbelagda stift, tillsammans med de nya Epiroc ET-borrsträngarna, är verkliga möjliggörare av automation och kommer att accelerera omvandlingen till hållbar gruvdrift.”

Annual report 2024A · The company itself

“ASI Mining (nytt produktnamn: LinkOA) tillhandahåller automationssystem för gruvdrift, till exempel fjärrstyrning, teleoperation och helt autonoma lösningar. Lösningarna är OEM-agnostiska, vilket innebär att de fungerar oavsett maskinmärke och passar bra för blandade flottor.”

Annual report 2024A · The company itself

“Två gruvbolag har beställt LTE-lösningar (Long-Term Evolution) som kommer att stärka säkerheten och produktiviteten genom att förse de avlägset belägna gruvorna med tillförlitlig, säker och snabb bandbredd för att möjliggöra applikationer som automation, hantering av maskinflottor och realtidsdata.”

Annual report 2024A · The company itself

“BHP, ett av världens största gruvbolag, beställde en flotta med Pit Viper 271 spränghålsborriggar. De mycket avancerade maskinerna gör det möjligt för BHP:s operatörer att övervaka den autonoma, förarlösa driften från det integrerade fjärrstyrda driftcentret i Perth, som ligger mer än 1 100 kilometer bort.”

Annual report 2024A · The company itself

“E q u i p m e n t Service 20242023202220212020 -12 Årlig och genomsnittlig intäktsökning Intäkter per typ av affär 20242023202220212020 Intäkter och book-to-bill 20242023202220212020 Orderingång Epiroc koncernen Marknadsutveckling Efterfrågan från gruvkunderna var fortsatt hög, särskilt på våra lösningar inom automation och digitalisering.”

Annual report 2024A · The company itself

“Digitaliseringen revolutionerar vården genom teknologier som distansvård, artificiell intelligens (AI), 3D-printing och robotik.”

Annual report 2024A · The company itself

“”Digital Health Solutions”, erbjuder beprövade lösningar för a öka medarbetarnas produktivitet och trivsel. Genom våra innovativa produkter och tjänster avlastas vårdpersonal, vilket bidrar till en hållbar arbetsmiljö och minskar risken för utbrändhet.”

Annual report 2024A · The company itself

“HMS NETWORKS ÅRSREDOVISNING 2024 5 HMS mission "We enable valuable data and insights from industrial equipment allowing our customers to increase productivity and sustainability."”

Annual report 2024A · The company itself

“Många industriella bolag ser just en ökad digitalisering via automation och robotisering som viktiga element i sin strategi att både öka sin robusthet och minska sin miljöpåverkan.”

Annual report 2024A · The company itself

“Bartek S Candell Senior Vice President  HÅLLBAR INDUSTRI, INNOVATIONER OCH INFRASTRUKTUR HMS bidrag till Agenda 2030 - mål 9    Varumärken: Anybus Embedded, Anybus Gateway/ Wireless, Ixxat Safety ÖKAD AUTOMATION DRIVANDE TRENDER: NÄTVERKSSÄKERHET AI DIGITALISERING 32 % av HMS intäkter* 6 % Marknads -tillväxt   HMS bistår med:  Nätverksuppkoppling för automationsprodukter      Nätverksgateways  -  Trådlöst i industrin    Uppkoppling till säkerhetsnätverk    HMS NETWORKS ÅRSREDOVISNING 2024 15 New Industries HÅLLBARA STÄDER OCH SAMHÄLLEN HMS bidrag till Agenda 2030 - mål 11     Building Automation        DRIVANDE TRENDER: DATAANALYS DRIFTSÄKERHETHÅLLBARHETENERGIEFFEKTIVITET Industriell kommunikation för nischade applikationer i växande branscher.”

Annual report 2024A · The company itself

“HMS – ett ledande företag inom industriell ICT(Information & Communication Technology) HMS utvecklar och tillverkar mjukvara och hårdvara för industriell informations- och kommunikationsteknik.”

Annual report 2024A · The company itself

“Våra produkter gör det möjligt för industriell hårdvara som robotar, sensorer, luftkonditioneringsenheter m.m. att kommunicera och dela information med olika industriella nätverk, system för byggnadsautomation och IoT-applikationer.”

Annual report 2024A · The company itself

“Vår innovation inom robotteknik och batteridrivna produkter förbättrar driftseffektiviteten och användarvänligheten samtidigt som den minskar utsläpp, buller och vibrationer, vilket förbättrar kundupplevelsen och därmed driver efterfrågan.”

Annual report 2024A · The company itself

“Under 2024 nådde vi en tillväxt om upp mot 20 procent inom professionell grönyteskötsel. Tillväxten drevs av framgångar inom segment såsom golf och sport samt kommersiell grönyteskötsel. För att rida på den vågen och säkra en marknadsledande ställning drar vi nytta av den växande efterfrågan på automatisering, där vi nu accelererar vår innovationstakt och anpassar oss till våra kunders varierande behov.”

Annual report 2024A · The company itself

“Nettoomsättningen ökade inom segment såsom robotgräsklippare för den professionella marknaden, batteridrivna produkter, rivningsrobotar, handverktyg samt reservdelar och tillbehör.”

Annual report 2024A · The company itself

“Ur ett produktsegmentsperspektiv är våra fokusområden för värdeskapande robotgräsklippare, batteridrivna produkter, smart bevattning och professionella lösningar.”

Annual report 2024A · The company itself

“Våra prioriteringar för de kommande åren styrs av vårt engagemang för våra kunder genom innovation, hållbarhet och operationell effektivitet. Genom att fokusera våra investeringar inom robotgräsklippare, batteridrivna produkter, smart bevattning och professionella lösningar positionerar vi Husqvarna Group för att leda utvecklingen inom de områden som betyder mest för våra kunder och samhället.”

Annual report 2024A · The company itself

“Ett av de mest lovande områdena är robotgräsklippare för professionellt bruk. I linje med vår strategi drar vi nytta av denna möjlighet genom att revolutionera kommersiell grönyteskötsel när den övergår från en manuell till en helautomatiserad process.”

Annual report 2024A · The company itself

“Vi investerar i de segment som har störst potential för framtida värdeskapande, bland annat robotgräsklippare, batteridrivna produkter och professionella lösningar. En av årets höjdpunkter har varit att utöka vårt produktsortiment inom robotgräsklippare. Till säsongen 2025 kommer vi att lansera tio nya robotgräsklippare utan begränsningskabel.”

Annual report 2024A · The company itself

“Robotgräsklippare är ett annat strategiskt viktigt segment. Vilka är höjdpunkterna inom detta område inför den kommande trädgårdssäsongen 2025? Även om vi bibehöll vår marknadsandel inom gräsklippare med begränsningskabel under 2024, är vårt primära fokus under 2025 att stärka vår närvaro i det växande segmentet för robotgräsklippare utan begränsningskabel. Med den nya generationen av Gardena Sileno Free-robotgräsklippare strävar vi efter att dra nytta av den tekniska övergången.”

Annual report 2024A · The company itself

“Som en av våra fyra operationella ambitioner har koncernen sänkt sin andel av bensinprodukter genom en ökad försäljning av robot- och batteridrivna produkter. Idag består vår motori - serade verksamhet till 44 procent (42) av batteridrivna produkter, robotprodukter samt eldrivna produkter med sladd – en uppgång från 11 procent 2015 och med ambitionen att ytterli - gare utöka den delen till 67 procent år 2026.”

Annual report 2024A · The company itself

“• Rörelseresultatet, exklusive jämförelsestörande poster, uppgick till 3,2 Mdkr (5,0), motsvarande en rörelse marginal om 6,6 procent (9,3). • Kostnadsbesparingar uppgick till 735 Mkr. • Direkt operativt kassaflöde ökade till 6,9 Mdkr (6,5), drivet av minskade lagernivåer. • Koldioxidutsläppen har reducerats med 56 procent (44) jämfört med basåret 2015. • Andelen sålda eldrivna produkter ökade till 44 procent (42), försäljningen av robotgräsklippare minskade till 7,2 Mdkr (8,1) och antalet uppkopplade enheter ökade till 4,9m (4,5). • Styrelsen föreslår årsstämman en utdelning om 1,00 kr per aktie (3,00) för 2024. ” Vi går in i 2025 med en stark operativ grund och med våra kunders föränderliga behov i fokus.””

Annual report 2024A · The company itself

“Vi är global marknadsledare på den snabbväxande marknaden för robotgräsklippare, med ett brett erbjudande både för konsumenter och professionella kunder.”

Annual report 2024A · The company itself

“Husqvarna är världsledande inom robotgräsklippare för konsumenter och professionellt bruk. Med ett starkt arv inom trädvård och skogsbruk utmärker vi oss inom handhållna produkter såsom motorsågar, trimmers, lövblåsare och annan gräsklippningsutrustning. Vi är också ledande inom högpresterande batteridrivna produkter och uppkopplade digitala tjänster.”

Annual report 2024A · The company itself

“Gardena-divisionen är den globala marknadsledaren inom trädgårdsbevattning och smarta trädgårdssystem för trädgårdsentusiaster. Därtill omfattar vårt sortiment produkter och lösningar för gräsklippning, klippning av häckar, träd och övrig trädgårdsvård samt digitala och uppkopplade lösningar för att planera och automatisera trädgårdsarbetet.”

Annual report 2024A · The company itself

“Husqvarna Group grundades 1689 och har utvecklats till en global marknadsledare inom innovativa produkter och lösningar för skogs-, park- och trädgårdsskötsel. Produkterbjudandet omfattar robotgräsklippare, batteri- och bensindrivna motorsågar, trimmers, åkgräsklippare samt bevattningslösningar. Husqvarna Group är även ledande inom utrustning för sågning och borrning i betong, golvarbeten samt diamantverktyg för byggindustrin.”

Annual report 2024A · The company itself

“Försäljningen av robotgräsklippare för den professionella marknaden och batteridrivna konsumentprodukter hade en stark tillväxt.”

Annual report 2024A · The company itself

“The investments required for our leading-edge process technology development and our worldwide manufacturing and assembly and test require capital expenditures above our historical levels. In recent years, the semiconductor manufacturing industry has seen very significant increases in the capital investments required for manufacturing facilities utilizing leading-edge process technologies, including as a result of the use of EUV and high-NA EUV lithography tools. Our ownership and operation of such high-tech fabrication facilities, and our need to build new and expand or upgrade existing facilities in anticipation of future products and demand, has resulted and will continue to result in our incurring large capital outlays and high costs that are fixed or difficult to reduce in the short term. Such capital outlays and costs include those related to utilization of existing facilities, facility construction and equipment, R&D, and the employment and training of a highly skilled workforce.”

Annual report 2025A · The company itself

“R&D and IP Research and Development R&D investment is essential to our strategic initiatives, including advancing our technology roadmap, delivering leadership products and developing next-generation process technologies. R&D expenses were $13.8 billion in 2025, $16.5 billion in 2024 and $16.0 billion in 2023. In 2025, our R&D investments focused on AI integration, heterogeneous computing architectures and next-generation process technologies, including Intel 18A and Intel 14A.”

Annual report 2025A · The company itself

“This 2025 decrease was substantially offset by higher 2025 Mobileye revenue, which totaled $1.9 billion, up $240 million from 2024 due to improved customer inventory levels and higher demand for Eye Q® products.”

Annual report 2025A · The company itself

“Exponering mot lönsam tillväxt Våra noterade och onoterade branschledande företag inom verkstad, medicinteknologi och läkemedel, finansiella tjänster och teknologi är väl positionerade för att tillvarata möjligheter kopplade till tillväxttrender såsom demografi, digitalisering, automatisering ochelektrifiering.”

Annual report 2022A · The company itself

“Oavsett marknadsläge gynnas våra företag av att de är högkvalitativa branschledare med god lönsamhet och exponering mot långsiktiga tillväxtsegment såsom automatisering, elektrifiering och demografi.”

Annual report 2022A · The company itself

“• Under 2022 uppnådde ABB stark organisk omsättningstillväxt och god lönsamhet. Som en del av fokuseringen mot elektrifiering och automatisering avyttrades den resterande verksamheten inom power grids och divisionen turbochargers, omdöpt till Accelleron, knoppades av till ABB:s aktieägare, sesidan 29. • Fokus för framtida värdeskapande: Investeringar för att stärka den långsiktiga tillväxtpotentialen och fortsatt genomförande av strategin baserad på förenkling och decentralisering.”

Annual report 2022A · The company itself

“Företaget fortsatte att investera organiskt inom prioriterade områden och slutförde ett flertal förvärv inom digitalisering och elektrifiering. • Fokus för framtida värdeskapande: Fortsatta investeringar iinnovation, automatisering och elektrifiering.”

Annual report 2022A · The company itself

“Tillsammans med höjda räntor resulterade detta i rekordhöga intäkter ochvinster. • Fokus för framtida värdeskapande: Hjälpa nordiska och internationella företagskunder med övergången till ökad hållbarhet, fortsätta investeringarna i automatisering och dataanalys för att driva operationell effektivitet och kundnytta och samtidigt bibehålla en stark risk- och regelefterlevnadskultur.”

Annual report 2022A · The company itself

“Electrolux presenterade ett åtgärdsprogram för att förbättra lönsamheten. • Fokus för framtida värdeskapande: Framgångsrikt genomförande av kostnadsbesparingsprogrammet, förbättrad kassaflödesgenerering och uppnå tillväxt inom de attraktiva segmenten inbyggda lösningar och eftermarknad.”

Annual report 2022A · The company itself

“Företaget presenterade åtgärder för att accelerera det strategiska skiftet från bensin- till batteridrivna produkter, robotlösningar och hållbarbevattning. • Fokus för framtida värdeskapande: Fortsatta investeringar i lönsamma tillväxtnischer, vinna skiftet bensin-till-batteri och anpassning till förändrade förväntningar hos slutkunderna.”

Annual report 2022A · The company itself

“Mot bakgrund av den utmanande makromiljön fokuserar många företag på att säkerställa effektivitet i verksamheten, samtidigt som de växer. Detta ger utrymme för att återinvestera för framtiden, både i organiska och ickeorganiska satsningar. Ökad digitalisering, automatisering och hållbarhet är alla exempel på framtidssäkrande initiativ som företagen är engagerade i.”

Annual report 2022A · The company itself

“I synnerhet bedömer vi att det finns goda möjligheter till både ytterligare tillväxt och effektivitet genom att dra nytta av ny teknologi, inklusive mjukvara.”

Annual report 2022A · The company itself

“Vi följer upp bolagens investeringar i forskning och utveckling (F&U). Under 2022, uppgick F&U-kostnaderna i våra bolag till sammanlagt 180 miljarder kronor.”

Annual report 2022A · The company itself

“En ledande leverantör inom elektrifiering, automation, robotar och processautomation för ett stort antal slutmarknader.”

Annual report 2022A · The company itself

“Köpeskillingen uppgick till cirka 85 MUSD på skuldfri basis och ytterligare maximalt 55 MUSD villkorade av vissa omsättningsmål för 2022.”

Annual report 2022A · The company itself

“I Frankrike förvärvades Manut-LM, en tillverkare av automatiserad lyftutrustning, och Joulin, en leverantör av vakuumgripdon och robotar för automatiserad virkeshantering och andra segment.”

Annual report 2022A · The company itself

“Antal anställda 1 030 695 (scope 1 och 2) Anställda undertecknat uppförandekoden, % Medarbetarengagemang, skala 1-100 FoU-intensitet (FoU/ Nettoomsättning), % Energieffektivitet (sålda piSMARTpumpar/tot. pumpar), % En leverantör av grip- och transportlösningar för slutanvändare och maskintillverkare för att förbättra energieffektivitet, produktivitet och arbetsmiljö. www.piab.com • Piab har betydande tillväxtpotential drivet av den globala trenden mot ökad automatisering och teknologiska genombrott inom robotik och konnektivitet som möjliggör nya applikationer och ökad användning inom branscher med lägre automatiseringsgrad.”

Annual report 2022A · The company itself

“Företagets innovativa kultur och förmåga har genererat marknadsledande produkter i termer av prestanda, energieffektivitet och intelligenta egenskaper. • Piab kommer att fortsätta att investera i produktutveckling för att ligga kvar i framkant av innovation och erbjuda smarta automatiseringslösningar för att hjälpa kunderna att förbättra sin produktivitet och arbetsmiljö.”

Annual report 2022A · The company itself

“Digitaliseringen fortsätter inom automatisering och effektivisering av arbetsflöden för att helt eller delvis ersätta jurister vid enklare juridiska uppdrag. AI-lösningar (artificiell intelligens) ökar, både inom juridisk tolkning och tillämpning men även som ett område med ökande reglering.”

Annual report 2024A · The company itself

“Teknologiförvärv t.ex. leverantörer av automationsverktyg och syftar till att stärka Karnovs erbjudande till befintliga kunder genom förbättrad arbetsflödeseffektivitet och plattformsfunktionalitet. ”Pas Perdus"-hallen som leder till rättssalarna i Palais de Justice i Paris, Frankrike.”

Annual report 2024A · The company itself

“In addition, to remain competitive in many of our business areas, we must anticipate and respond effectively to the threat of digital disruption and other technological change such as generative AI. The threat comes from traditional players, such as insurers, through disintermediation as well as from new entrants, such as technology companies, "Insurtech" start-up companies and others.”

Annual report 2025A · The company itself

“In the third quarter of 2025, the Company launched a three-year program, Thrive (the "Program"), which focuses on brand strategy, delivering greater value to clients, accelerating growth and improving efficiency. The Company also announced the formation of Business Client Services ("BCS"), to accelerate innovation and centralize investments in operational excellence, data, artificial intelligence and other analytics.”

Annual report 2025A · The company itself

“Framtidsutsikter Detaljhandeln står inför makroekonomiska utmaningar såsom historiskt hög och varaktig inflation samt brist på arbetskraft och dyr arbetskraft. Detta gör handlarna mer benägna att investera i digitalisering, exempelvis lösningar baserade på elektroniska etiketter för automatisering och kommunikation i butik, i syfte att optimera driften, stärka kundupplevelsen samt öka kostnadseffektiviteten och produktiviteten.”

Annual report 2024A · The company itself

“In addition, because auto insurance constitutes a significant portion of our overall business, we may be more sensitive than other insurers to, and more adversely affected by, trends that could decrease auto insurance rates or reduce demand for auto insurance over time, such as advances in vehicle technology, autonomous or semi-autonomous vehicles, or vehicle-sharing arrangements.”

Annual report 2025A · The company itself

“Trots en svagare efterfrågan inom vissa branscher har marknaden varit relativt bra, drivet av ett behov av förändring och därmed efterfrågan på ny digital teknik, automatisering, elektrifiering av tillverkning med stort koldioxidavtryck samt att skapa hållbara försörjningskedjor. Rejlers efterfrågan drivs av denna pågående förändring, som har blivit än mer aktuell med ökat regelverk från EU.”

Annual report 2024A · The company itself

“Efterfrågan för divisionens tjänster har ökat och för att möte detta har divisionen framgångsrikt nyttjat kapacitet från division Buildings samt resurser från Sverige och Finland.”

Annual report 2024A · The company itself

“Tillverknings- och gruvindustrin upplever ett skifte mot ökad digitalisering och automatisering. Tillgång till big data, sofistikerade analys verktyg, robot teknik och artificiell intelligens skapar nya affärsmöjligheter och förbättrad informationsinhämtning.”

Annual report 2024A · The company itself

“Efterfrågan på produktivitet, effektivitet och hållbarhet genom ny teknik, digitalisering och automation ligger i linje med vårt syfte och vår strategi.”

Annual report 2024A · The company itself

“Sensoriserade verktyg är en marknad med hög tillväxt och starka underliggande drivkrafter, till exempel den accelererande övergången till automatiserad produktion och en ökad kundefterfrågan på produktionsdata.”

Annual report 2024A · The company itself

“— BNP-tillväxt och resursintensiv industriutveckling — En växande medelklass — Metall och mineralpriser — Elektrifiering — Produktionsnivåer i befintliga gruvor och expansionsprojekt (orörd samt tidigare exploaterad mark) — Produktivitetsförbättringar och ny teknologi, till exempel automatisering och elektrifiering — Krav inom områdena miljö, hälsa och säkerhet Infrastruktur — BNP-tillväxt/urbanisering — Infrastrukturinvesteringar och utgifter — Statliga stimulansprogram — Produktion av ballastmaterial — Cementförbrukning — Infrastrukturinvesteringar och utgifter Gruvor Huvudsakligen globala konkurrenter som Epiroc, Caterpillar och Komatsu Mining.”

Annual report 2024A · The company itself

“Framtidens komponenttillverkning är digitaliserad och automatiserad, från design till färdig produkt, en omvandling som kommer att göra hela branschen mer produktiv, energieffektiv och mindre resurskrävande. Våra innovativa produkter är utformade för att stödja våra kunder på denna resa.”

Annual report 2024A · The company itself

“Mellansegmentet är mer priskänsligt men kräver lägre grad av service. — Regionalisering — Urbanisering — Demografiutmaningar — Utveckling av nya material — Komplex komponentdesign kräver mer avancerade verktygslösningar — Brist på medarbetare till följd av en åldrande personalstyrka driver efterfrågan på automatiserings-och mjukvarulösningar — Hållbarhet — Konkurrenter i premiumsegmentet: IMC-gruppen (varumärket Iscar), Kennametal — Fragmenterad i mellansegmentet där även globala premiumaktörer finns med sina varumärken för mellansegmentet: Mitsubishi, IMC-gruppen (varumärket Taegutec), Kennametal (varumärket Widia) — Hexagon, Autodesk, Dassault och Siemens inom CAM.”

Annual report 2024A · The company itself

“Våra rekryteringsinsatser syftar till att attrahera de kompetenser som krävs för framtida behov, bland annat kunskap om maskinbearbetning, molnbaserade lösningar, AI och automation.”

Annual report 2024A · The company itself

“Våra investeringar i forskning och utveckling uppgick till 5,1 miljarder kronor 2024, vilket motsvarar cirka 4 procent av koncernens intäkter.”

Annual report 2024A · The company itself

“Vi introducerade också ett antal innovationer kopplade till vår automationsplattform AutoMine® och tog ett steg närmare en OEM-agnostisk (Original Equipment Manufacturer) strategi för gruvautomation genom förvärvet av Universal Field Robots.”

Annual report 2024A · The company itself

“Vi stärkte också vårt erbjudande inom gruvautomation genom förvärvet av Universal Field Robots.”

Annual report 2024A · The company itself

“Robots (UFR), en leverantör av autonoma interoperabla lösningar för gruvbrytning ovan och under jord. Förvärvet kommer att öka den tillgängliga marknaden och ytterligare stärka marknadspositionen för AutoMine® – den ledande plattformen för gruvautomation.”

Annual report 2024A · The company itself

“S: Vår vision är att möjliggöra fullt sammankopplad tillverkning med hjälp av digitala trådar. Idag erbjuder Sandvik lösningar som kopplar samman viktiga delar av verksamheten genom att integrera produkter för att skapa sömlösa lösningar för våra kunder, där data från en lösning används för att öka produktiviteten i den andra.”

Annual report 2024A · The company itself

“Sandvik samarbetar med våra kunder på deras resa mot elektrifiering, digitalisering och automatisering. Vi strävar efter att erbjuda heltäckande lösningar som integrerar produkter och tjänster för maximerad produktivitet och effektivitet.”

Annual report 2024A · The company itself

“Erbjuda miljöanpassad krossning och sortering, automation, digitalisering, elektrifiering och utforska kompletterande teknologi och erbjudanden genom partnerskap och förvärv.”

Annual report 2024A · The company itself

“Förvärven av Pro-micron och Almü slutfördes under året. De tillför marknadsledande kompetens inom sensoriserade verktyg, automationsmjukvara och lösningar för aluminiumbearbetning och de stärker vår kapacitet och position inom fordonssegmentet.”

Annual report 2024A · The company itself

“Manufacturing Solutions investerat i att bygga upp ett starkt erbjudande inom digital tillverkning med mjukvarulösningar för designoch planeringsautomation samt industriell mätteknik. Arbetet fortsatte under 2024 då vi stärkte vårt kunderbjudande genom förvärvet av Cimquest.”

Annual report 2024A · The company itself

“S: Universal Field Robots (UFR) är en snabbväxande Australien-baserad leverantör av autonoma interoperabla lösningar för gruvdrift ovan och under jord. Deras lösningsportfölj bygger på en gemensam autonomiplattform, vilket är ett starkt komplement till vårt eget automations utbud och omfattar OEMoberoende (Original Equipment Manufacturer) robotteknologi och autonoma lösningar för lastbilar, lastare och kring utrustning.”

Annual report 2024A · The company itself

“Förvärvet kommer att öka den tillgängliga marknaden för Sandvik och ytterligare stärka marknadspositionen för AutoMine® – vår världsledande automations plattform inom gruvdrift. Genom att utöka plattformens befintliga kapacitet att integrera tredjeparts utrustning kommer UFR avsevärt att utöka antalet kompatibla tredjepartsutrustningar.”

Annual report 2024A · The company itself

“Sandvik säkrade flera betydande order med automationssystemet AutoMine® underåret.”

Annual report 2024A · The company itself

“Sandvik är marknadsledande inom autonom krossutrustning och har skaffat sig en gedigen erfarenhet sedan vårt första automationssystem introducerades 1967. Idag är alla våra konkrossar och merparten hammare förberedda för automatisering och andelen autonom utrustning i drift på våra kunders anläggningar ökade med 40 procent under året.”

Annual report 2024A · The company itself

“Under 2024 uppgraderade vi 800i-serien konkrossar vilket möjliggör större krossvolymer och finare partikelstorlekar. Krossen togs väl emot av kunderna vilket ledde till att orderingången för modellen nästan fördubblades under året.”

Annual report 2024A · The company itself

“Några av dessa är automatisering, elektrifiering och digitalisering, som omformar infrastrukturen och stärker efterfrågan på våra lösningar.”

Annual report 2024A · The company itself

“Långsiktiga trender Automatiserade system är en global trend som svarar på behovet av ökad effektivitet, minskade kostnader samt förbättrad kvalitet och säkerhet. Den tekniska utvecklingen möjliggör ökad effektivitet i automatiseringsprocesser, förbättrar beslutsfattande och kan hantera stora datamängder och komplexa arbetsuppgifter.”

Annual report 2024A · The company itself

“ELM Kragelund,en global aktör inom gaffeltruckstillbehör, har under 2024 befäst sin starka position och fortsätter att erbjuda högkvalitativa och skräddarsydda lösningar som ökar både säkerhet och effektivitet för sina kunder.”

Annual report 2024A · The company itself

“Antal affärsenheter: 19 st Special Infrastructure Solutions Bolag inom affärsområdet tillhandahåller nischprodukter och tjänster för specialiserade behov inom luft- och klimatkontroll, säkerhet och övervakning samt transportsystem och automation.”

Annual report 2024A · The company itself

“Sdiptechs verksamheter inom Supply Chain & Transportation utvecklar innovativa lösningar för att modernisera transport- och leveranskedjor. Med en växande efterfrågan på smartare logistik blir optimering av infrastruktur och transportflöden allt viktigare. Globala och regionala leveranskedjor kräver anpassade system och teknik för att möta kraven på precision, kapacitet och minskad miljöpåverkan.”

Annual report 2024A · The company itself

“The market for vehicle service and repair is driven by an accelerating rate of technological change, car and truck population growth and increasing unit age, and the resulting effects of these changes on both our suppliers and customers. Snap-on has historically benefited from the increasing complexity of car and truck fleets and the changing tools, technologies and data needed to monitor, calibrate, service and repair evolving vehicle platforms. While new technologies, including those associated with alternative energy drivetrains and greater vehicle autonomy, may alter the nature of certain service and repair for particular vehicle types, we believe many of these new technologies provide opportunities to fulfill requirements for enhanced solutions or greater precision.”

Annual report 2026A · The company itself

“En viktig trend är den mot digitalisering och automation inom industrin som ger såväl nya affärsmöjligheter och ökad konkurrenskraft som förbättrad effektivitet. Automationslösningar, uppkopplade produktionssystem och ökad datautvinning förbättrar produktivitet, kvalitet och energieffektivitet.”

Annual report 2024A · The company itself

“Under 2024 har en central AIX-plattform utvecklats och ett flertal allmänna och anpassade utbildningar har hållits för såväl affärsenheter som den centrala organisationen för att öka kunskapen om och användandet av AI och automatiseringsverktyg för olika processer såsom kundtjänst, inköp, ruttplanering, rapportering och uppföljning.”

Annual report 2024A · The company itself

“Affärsområde Industry Affärsområdet fokuserar på traditionella B2B-industribolag inom tung och medeltung industri, tillverkning och automation.”

Annual report 2024A · The company itself

“Affärsområde Industry fokuserar på traditionella B2B industribolag inom tung och medeltung industri, tillverk-ning och automation. Industry är indelat i tre vertikaler: Automation, Industrial technology och Products. Industry består av 37 affärsenheter (39) och stod för 42 procent (40) av omsättningen under 2024.”

Annual report 2024A · The company itself

“Competition Competition in the interactive entertainment industry is based on innovation, features, playability, product quality, brand name recognition, compatibility with popular platforms, access to distribution channels, price, marketing, and customer service. Our business is driven by hit titles, which require increasing budgets for development and marketing.”

Annual report 2026A · The company itself

“Additionally, in order to stay competitive, our internal development studios must anticipate and adapt to rapid technological changes affecting software development, such as cloud-based game streaming and AI technologies, and evolving business models, such as free-to-play and subscription-based access to a portfolio of interactive content.”

Annual report 2026A · The company itself

“Samtidigt som IKT-sektorn måste hantera sitt eget koldioxidavtryck kan sektorn också spela en viktig roll i att möjliggöra för andra branscher att minska sina koldioxidutsläpp. Många av de lösningar som behövs inom andra branscher för att minska utsläppen, som ledningssystem och smarta mätare i byggnader, smarta elnät, telematik samt lagrings- och lagerhanteringslösningar för företag, är alla beroende av IKT-lösningar och infrastruktur för att fungera. Ericssons egen forskning från 2015 2) som har expertgranskats indikerar att IKT-lösningar har potential att möjliggöra en minskning av koldioxidutsläppen med upp till 15 % i andra sektorer fram till 2030, och till och med mer om man inkluderar potentialen hos 5G och sakernas internet (IoT).”

Annual report 2024A · The company itself

“Prosjektene er ulike i form og størrelse, men har til felles at de stadig blir større og mer komplekse. Det er derfor avgjørende å systematisk kartlegge og håndtere risiko i alle deler av virksomheten og i alle prosjektfaser, noe som igjen stiller høye krav til kompetanse og risikostyring.”

Annual report 2024A · The company itself

“Egenproduksjon gjennomført med egne fagarbeidere er bærebjelken i Veidekkes prosjektmodell. Konsernet satser strategisk og langsiktig på å utdanne og ansette egne fagarbeidere, og i Norge er Veidekke blant bedriftene som utdanner flest lærlinger.”

Annual report 2024A · The company itself

“For example, incorporating artificial intelligence (‘AI’) into certain product offerings is becoming more important in our operations, particularly as our competitors, including new entrants focused on using technology and innovation, such as generative or agentic AI, digital platforms, data analytics, robotics and blockchain, seek to simplify and improve the client experience, increase efficiencies, alter business models and effect other potentially disruptive changes in the industries in which we operate. Additionally, rapid advances in generative and agentic AI may enable certain clients to perform internally, automate, or obtain through low-cost digital tools analytical, benchmarking, modeling, drafting or other work that they have historically relied on us to provide, which could reduce demand for some of our services and adversely affect our revenues and growth.”

Annual report 2025A · The company itself

“The need to transform workflows is being driven by secular trends in technology, which include the creation of digital twins, cloud-based data analytics, automation, mobility, computer vision, artificial intelligence and machine learning.”

Annual report 2025A · The company itself

“The Company utilizes various tools, such as continuous improvement, to improve productivity and reduce expenses and engages in ongoing global business transformation, including restructurings from time to time, to streamline its operations, improve operational efficiency, productivity, and the speed and efficiency with which it serves customers. Workforce restructuring activities are expected to deliver benefits, but also impact business groups, functions, and geographies. There can be no assurance that we will realize the benefits of such activities, or that such activities will not result in unexpected or negative consequences, such as: a reduced ability to generate sales; a relationship impact with employees; or a reduced ability to provide the experience that our customers, suppliers, vendors, and channel partners expect from us.”

Annual report 2025A · The company itself

“Gemini’s efficiencies strengthen synergies between Ocean, Logistics & Services and Terminals, reinforcing our Integrator strategy and enabling seamless flows across the segments. These gains were complemented by operational excellence milestones.”

Annual report 2025A · The company itself

“There is also a focus on accelerating process automation to improve productivity and targeting volume growth. Maersk continues to execute its cyber security strategy, strengthen AI governance, test business continuity plans and enhance its cyber threat resilience.”

Annual report 2025A · The company itself

“Ground Freight strengthened commercial and operational capabilities by optimising network design, leveraging AI-enabled routing, maximising asset utilisation, and expanding the North American footprint.”

Annual report 2025A · The company itself

“RESEARCH & DEVELOPMENT We have made, and will continue to make, significant investments in research and development to advance the value and impact of our solutions, and to continue integrating generative and agentic technologies across our tools to solve problems in areas such as content understanding and generation, recommendations, personalization and more. In collaboration with universities around the world, the Adobe Research team of scientists, engineers, artists and designers are inventing the future of creativity, productivity and customer experiences.”

Annual report 2025A · The company itself

“The inability to obtain replacement equipment or parts, due to disruption of the supply chain or other factors, may impact the ability of our plants to perform. Breakdown or failure of one of our operating facilities may prevent the facility from performing under applicable power sales agreements which, in certain situations, could result in termination of a power purchase or other agreement or incurrence of a liability for liquidated damages and/or other penalties.”

Annual report 2025A · The company itself

“We may incur significant expenditures to adapt our businesses to technological changes. Emerging technologies may be superior to, or may not be compatible with, some of our existing technologies, investments and infrastructure, and may require us to make significant expenditures to remain competitive, or may result in the obsolescence of certain of our operating assets.”

Annual report 2025A · The company itself

“Maximo Business Description — Maximo is an AI-enabled robot that enhances solar module installation speed, efficiency, and safety. Maximo enhances the safety and scalability of solar installation by automating the heavy lifting for placing and attaching solar modules.”

Annual report 2025A · The company itself

“Digitalisering Digital teknik som automatisering, digitala tvillingar och artificiell intelligens kan möjliggöra kostnadsminskningar, optimera värdekedjor och automatisera processer, vilket resulterar i betydande fördelar för den hållbara omställningen. Inom vindenergi spelar till exempel digitala applikationer en betydande roll vid utveckling, övervakning och underhåll av vindkraftverk.”

Annual report 2024A · The company itself

“Laboratory automation offers automated sample preparation solutions, including liquid handling, plate management, consumables and scheduling software. These solutions range from standalone automation platforms to integrated workflow solutions with seamless integration to our instrumentation.”

Annual report 2025A · The company itself

“As customers continue to outsource laboratory operations and consolidate suppliers, our enterprise services consist of a broad portfolio of integrated laboratory management services including instrument services, lab supply management, asset management, procurement, informatics and scientific services. Advancements in our offering of software and service solutions will help our customers more efficiently operate a digitally connected smart lab that can derive value out of data analytics, artificial intelligence and robotics.”

Annual report 2025A · The company itself

“Laboratory Automation We offer a portfolio of unique sample preparation automated solutions that are key to a comprehensive suite of workflow solutions to our customers. This includes liquid handling, plate management, unique consumables and scheduling software with solutions that range from standalone instrumentation to bench-top automation solutions. These solutions strengthen our offering of automated sample preparation across a broad range of applications which are integrated with several of our analytical and next-generation sequencing platforms across the company.”

Annual report 2025A · The company itself

“Failure to control expenses could reduce our profitability, which would negatively impact our stock price. Maintaining or improving our profitability depends both on our ability to increase our revenue and limit our expenses.”

Annual report 2025A · The company itself

“We are devoting significant resources to develop and deploy our own competing cloud computing offering. The rapid development and deployment of new compute infrastructure—both hardware and software—bears the risk of bugs and unforeseen failures that could affect our reputation and ability to execute our strategies.”

Annual report 2025A · The company itself

“This growth is the result of a focused effort to reposition and improve our Superba business, strong demand for our scientifically backed products, and the consolidation and strengthening of our manufacturing capabilities in Houston, optimizing production efficiency and scalability.”

Annual report 2024A · The company itself

“To safeguard the execution of our large backlog, we have invested in our organization and facilities, as well as implemented new technologies and digital solutions. One example is the fully robotic production line at Verdal officially opened in September.”

Annual report 2024A · The company itself

“Det finns starka trender som automatisering, minskad miljöpåverkan och ökad produktivitet som måste balanseras med investeringar i utveckling av nuvarande tekniker. På kort till medellång sikt är viktiga trender som påverkar vår utvecklingsportfölj relaterade till avgaser och minskade utsläpp, klimatomställningen med vår tredelade strategi för att minska koldioxidutsläppen i användningsfasen och säkerhetsprestanda. ò Leverantörsnätverk Volvokoncernen är beroende av globala och regionala leverantörskedjor för att leverera komponenter och delar samt kompletta tjänster och system.”

Annual report 2024A · The company itself

“De kan också förbättra säkerheten och minska kostnaderna. År 2024 nådde vår autonoma transport-lösning en betydande milstolpe genom att gå till 24-timmarsdrift på Brönnöy Kalk i Norge, vilket visar på tillförlitligheten och förmågan att hantera kontinuerliga drift i en krävande miljö.”

Annual report 2024A · The company itself

“Volvo startade autonom körning för DHL Supply Chain i Texas I december tog Volvo Autonomous Solutions (V.A.S.) och DHL Supply Chain ett viktigt steg mot att förändra godstransporterna i och med lanseringen av autonom körning i USA. Verksamheten möjliggörs av den specialbyggda, produktionsklara Volvo VNL Autonomous som lanserades på ACT Expo i maj.”

Annual report 2024A · The company itself

“Under 2025 förväntas investeringar i maskiner och inventarier fortsättningsvis vara på höga nivåer. Optimering av den industriella strukturen med bland annat uppförandet av den nya fabriken i Mexiko, produktrelaterade investeringar och ersättningsinvesteringar samt återförsäljarinvesteringar förväntas vara de huvudsakliga områdena.”

Annual report 2024A · The company itself

“I december tog Volvo Autonomous Solutions (V.A.S.) och DHL Supply Chain ett viktigt steg mot att förändra godstransporterna i och med lanseringen av autonoma transporter i USA. Verksamheten görs möjlig av den specialbyggda, produktionsklara Volvo VNL Autonomous som drivs av Aurora Driver.”

Annual report 2024A · The company itself

“We expect that our portfolio businesses retain robust and resilient positions by investing in innovation and organisational development, adapting to change and working proactively with risks.”

Annual report 2025A · The company itself

“Investing for growth and development is a high priority for Schouw&Co., including in particular for capacity-expanding investments in the portfolio businesses. Through several years, Schouw&Co. has maintained a high level of investing activity, ensuring that the portfolio businesses are generally well invested with up-to-date technology and reasonable capacity.”

Annual report 2025A · The company itself

“GPV has adapted to the current market conditions by taking strong measures to protect earnings, including a substantial reduction in the number of employees during 2024 and 2025, and together with the optimisations of the operational footprint and a good cost control, this is expected to increase EBITDA in 2026 despite a flat revenue projection.”

Annual report 2025A · The company itself

“Borg Automotive has been adapting to these challenges for some time, most recently through the launch of a strategy plan called Refine4- Future that includes strong initiatives to counteract market challenges and protect earnings. The plan builds on four main pillars: improve commercial excellence; optimise manufacturing footprint; optimise logistics footprint; and adjust SG&A to future activity level. Assuming a sustained activity level, the plan should, when fully implemented in 2027, improve earnings by up to DKK 100 million on an annual basis with the improvements deriving from: commercial excellence estimated to deliver up to DKK 20 million; optimisation of manufacturing footprint estimated to deliver up to DKK 50 million; optimisation of logistics footprint estimated to deliver up to DKK 20 million; and adjustment of SG&A estimated to deliver up to DKK 10 million.”

Annual report 2025A · The company itself

“Our industries and the end markets into which we sell our products experience technological change and product improvement. Manufacturers periodically introduce new products or require new technological capacity to develop customized products. Our future growth depends on our ability to gauge the direction of commercial and technological progress in all key end markets in which we sell our products and upon our ability to fund and successfully develop, manufacture and market products in such changing end markets.”

Annual report 2025A · The company itself

“If technological developments result in a reduction or reconfiguration in space requirements by our tenants, demand by individual tenants and prospective tenants for space may decrease over time. If we are not able to offset any reduction in demand from the foregoing developments through repurposing space, property dispositions, or other means, the realization of any of the aforementioned risks could have a material adverse impact on our revenues, net operating income, results of operations, funds from operations, operating margins, occupancy, earnings per share, FFO per share, our overall business, and the market value of our common stock.”

Annual report 2025A · The company itself

“Det arbete som lagts ned under de senaste åren på att bygga en starkare operativ grund, till exempel målinriktade organisationsjusteringar, portföljhantering, automatisering av produktionen och avtrycksinitiativ, har låtit oss skala upp på ett lönsamt sätt när leveranser av den rekordhöga ordernivån kommer igång. Under året omlokaliserades en betydande del av Heat & Gas systems-organisationen från Europa till Kina för att förbättra kostnadsstrukturen och komma närmare varvskunderna.”

Annual report 2024A · The company itself

“Direct Fabrication In January 2024, we completed the acquisition of Cubicure GmbH (“Cubicure”), a company that develops, produces and distributes proprietary direct 3D printing technologies that enable us to efficiently and sustainably manufacture our devices without the added step of first creating a mold. We believe Cubicure provides direct fabrication capabilities that will support and scale our strategic innovation roadmap and strengthen the Align Digital Platform by enabling us to scale our 3D printing operations to eventually print millions of custom devices per day. We expect this technology will ultimately extend and scale our printing, materials and manufacturing capabilities for our 3D printed product portfolio while concurrently materially reducing the amount of resin used in our manufacturing process.”

Annual report 2025A · The company itself

“Alimak Group som investering 9 Februari 2024 Boston, USA Per Elmfeldt Det här är vi Här nns vi Geografisk närvaro Antal länder + Alimak Group är en global leverantör av hållbara vertikala transportlösningar och lösningar för arbete på höjd.”

Annual report 2024A · The company itself

“ALK is investing in supply chain expansions and optimisations to support margins and facilitate planned revenue growth. A key initiative in this respect is the ongoing efforts to increase tablet production capacity to 800 million units per year by 2030 within the existing footprint, optimise inventory management, minimise scrap, and reduce delivery times, all while maintaining compliance and quality standards.”

Annual report 2025A · The company itself

“Changes in technology could also alter the channels through which electric customers produce, store, buy or utilize power, which could reduce the revenues or increase the expenses of our utility companies.”

Annual report 2025A · The company itself

“Skalbar plattform en grund för fortsatt tillväxt Alligo har byggt en integrerad organisation som kan skala upp i storlek och växa både organiskt och genom förvärv. Kostnadsstrukturen är anpassningsbar och genom funktioner som sortiment, inköp, logistik, ekonomi, IT och försäljning kan nya investe ringar samordnas och effektiviseras.”

Annual report 2024A · The company itself

“Vi har branschledande effektivitet och pålitliga processer Effektiva processer genererar värde för kunderna, gör att vi kan vara en pålitlig partner till våra leverantörer, ökar lönsamheten och ger våra medarbetare en bättre arbetsmiljö. Vi arbetar ständigt med att förbättra våra processer för att säkerställa kvalitet och effektivitet, externt såväl som internt. Alla våra intressenter ska kunna lita på oss – att vi håller vad vi lovar och lever upp till de förväntningar som ställs på oss. Med en transaktionsintensiv verksamhet som varje dag genererar mängder av data drar vi nytta av flera utvecklade analysmetoder, exempelvis artificiell intelligens, för att få nya insikter om verksamheten som hjälper oss och våra intressenter att utvecklas, skapa nya affärer och samarbeten.”

Annual report 2024A · The company itself

“Logistikcentret i Örebro har en hög automatiseringsgrad och inkluderar det automatiserade robotlagret Autostore. Anläggningen har uppgraderats löpande och har automatiserad utrustning som effektiviserar in- och utflödet. Automatiseringen ger både operationell effektivitet och bättre arbetsmiljö.”

Annual report 2024A · The company itself

“In October 2024, we announced the multi-phase Initiative, which is designed to enhance organizational speed, efficiency and effectiveness. The Initiative includes centralizing work, outsourcing certain transactional activities and streamlining, automating and standardizing processes across the enterprise.”

Annual report 2025A · The company itself

“In addition, profitability or other intended benefits, if any, in our newer activities (including development and adoption of automation, artificial intelligence, and machine learning technologies for customer and internal use), may not meet our expectations, and we may not be successful enough in these newer activities to recoup our investments in them, which investments are often significant.”

Annual report 2025A · The company itself

“Operating Risks Our Expansion Places a Significant Strain on our Management, Operational, Financial, and Other Resources We are continuing to rapidly and significantly expand our global operations, including increasing our product and service offerings, scaling our infrastructure to support our retail and services businesses (including our technology infrastructure), and adopting and utilizing artificial intelligence and machine learning technologies. The complexity of the current scale of our business can place significant strain on our management, personnel, operations, systems, technical performance, financial resources, and internal financial control and reporting functions, and our expansion increases these factors.”

Annual report 2025A · The company itself

“Collectively, these costs reflect the investments we make in order to offer a wide variety of products and services to our customers, including expenditures related to initiatives to build and deploy innovative and efficient software and electronic devices and the development of a satellite network for global broadband service and autonomous vehicles for ride-hailing services.”

Annual report 2025A · The company itself

“A significant part of our long-term strategic plan focuses on safety, operational excellence, cost and expense efficiency (including O&M expense efficiency), water quality and affordability, asset and capital management and the customer experience. For example, we have made and plan to continue to make significant investments in developing, deploying, integrating, enhancing and maintaining customer-facing technologies, applications to support field service and customer service operations, water source monitoring technologies, meter data management and analytics, and intelligent automation technologies.”

Annual report 2025A · The company itself

“Through its Operational Excellence initiatives, AMETEK has established a lean and flexible manufacturing platform for its businesses. In its effort to achieve best-cost manufacturing, AMETEK has operating facilities, as of December 31, 2025, in China, Czechia, Malaysia, Mexico, and Serbia.”

Annual report 2025A · The company itself

“Electromechanical is a differentiated supplier of precision motion control solutions, highly engineered medical components and devices, thermal management systems, specialty metals and electrical interconnects.”

Annual report 2025A · The company itself

“Under ledning av en nytillsatt, mycket kvalificerad ledningsgrupp påbörjade Anoto en fullständig omstart – modernisering av vår teknikstack, omstart av tillverkningen och ompositionering av verksamheten för att främja långsiktig, skalbar tillväxt.”

Annual report 2024A · The company itself

“Our profitability is highly dependent upon our ability to control our costs and improve our efficiency. As we adapt to changes in our business and the market, adapt to the regulatory environment, enter into new engagements, acquire additional businesses, and take on new employees in new locations, we may not be able to manage our large, changing workforce, effectively control our costs, or improve our efficiency.”

Annual report 2025A · The company itself

“In 2023, we initiated a three-year restructuring program, Accelerating Aon United Program (the “Program”). The Program is intended to streamline our technology infrastructure, optimize our leadership structure and resource alignment, and reduce our real estate footprint to align to our hybrid working strategy.”

Annual report 2025A · The company itself

“Accelerating Aon United Program In the third quarter of 2023, Aon initiated a three-year restructuring program called the Accelerating Aon United Program (the “Program” or the “AAU Program”) with the purpose of streamlining the Company’s technology infrastructure, optimizing its leadership structure and resource alignment, and reducing the real estate footprint to align to its hybrid working strategy. The Program includes technology-related costs to facilitate streamlining and simplifying operations, headcount reduction costs, and costs associated with asset impairments, including real estate consolidation and technology costs. The Program is an investment in our 3x3 Plan that brings the best of the firm through our Aon United strategy, delivered as Risk Capital and Human Capital, and our Aon Client Leadership model, powered by Aon Business Services.”

Annual report 2025A · The company itself

“Genom hög grad av automation, ett tydligt fokus på kostnadseffektivitet och en väl investerad infrastruktur uppnår Apotea en hög effektivitet som möjliggör lönsam tillväxt.”

Annual report 2024A · The company itself

“In addition, any of our competitors may foresee the course of market development more accurately than us, develop products that are superior to our products, have the ability to produce similar products at a lower cost than us, adapt more quickly than us to new technologies or evolving customer requirements or develop or introduce new products or solutions before we do, particularly related to potential transformative technologies such as autonomous driving solutions.”

Annual report 2025A · The company itself

“Our reinsurance group believes that maintaining tight control over its staffing level and operating primarily as a broker market reinsurer permits it to maintain low operating costs relative to its capital and premiums.”

Annual report 2025A · The company itself

“Additionally, a significant portion of the Company’s technology environment used to support significant business functions consists of legacy systems, some of which were implemented many years ago, are highly customized, or are integrated with newer technologies. The instability of aging legacy systems could diminish performance and elevate the risk of system failures, reduce compatibility with modern software, and impact growth initiatives.”

Annual report 2025A · The company itself

“As part of its broader strategy, the Company is focused on operational excellence and driving targeted cost reductions. The Company has implemented plans to improve the performance of its manufacturing and production facilities, increase operating leverage within the Nutrition segment, and reduce third party spend and selling, general, and administrative expenses.”

Annual report 2025A · The company itself

“Automatisering och robotisering inom industrin leder till att efterfrågan på industriella stöttåliga maskinskydd av PC ökar. PC lämpar sig väl som maskinskydd på grund av den höga tåligheten tillsammans med nästan perfekt sikt och utmärktabrandegenskaper.”

Annual report 2024A · The company itself

“Kommande år planerar vi för modernisering av våra anläggningar i segment Tjeckien samt segment Sverige.”

Annual report 2024A · The company itself

“Advanced technologies like AI, IoT, and robotics are transforming industries and creating new business models.”

Annual report 2024A · The company itself

“We continue to invest in technology, including digital, robotics and AI, and seek to integrate technology platforms with our clients, to create superior customer experiences.”

Annual report 2025A · The company itself

“These services support both our insurance and non-insurance customers and are powered by our AI-driven dynamic fulfillment platform. We have repair operations within our device care centers, including our Nashville Innovation and Device Care Center, which leverages automation, robotics and AI.”

Annual report 2025A · The company itself

“We continue to transform our operations to be more efficient and effective. We are restructuring businesses, working with regulators and customers to sunset legacy networks, improving customer service and ordering functions through digital transformation, sizing our support costs and staffing with current activity levels, and reassessing overall benefit costs.”

Annual report 2025A · The company itself

“To achieve this objective, the Group focuses on innovation and execution of the following key strategies: • Endeavour stable production with optimal parameters towards fish quality and welfare. • Continuous identification, investment, and implementation of risk mitigation strategies in all areas of its business. • Promote environmental sustainability, efficiency, and cost reduction opportunities by developing integrated facilities in the market. • Capitalize on consumer trends and branding towards premium, healthy, and sustainable products. • Partner in vertical integration opportunities including value-added products, genetics, feed, renewable energy, sustainable packaging, and oxygen production. • Continue the development and protection of patents and other intellectual property rights related to our Bluehouse facilities.”

Annual report 2024A · The company itself

“During 2024 the Group insourced filet processing operations into the Bluehouse facility. The equipment used for producing pin bone out filets was already owned by the Group, but the operation was outsourced to an external company at their facility in Miami. During 2024, the Group relocated the equipment to the Bluehouse and commissioned the pin bone out line to operate at the Bluehouse by the end of the year.”

Annual report 2024A · The company itself

“Vuoden 2025 hyvä tuloskehitys oli seurausta siipikarjatuotannon tehostamisesta ja tuotannon keskittämisestä Nurmon uuteen siipikarjatehtaaseen.”

Annual report 2025A · The company itself

“During the first quarter of fiscal 2026, we initiated a restructuring plan (the “2026 Plan”), to support Autodesk's initiatives to optimize its go-to-market organization and, at the same time, to reallocate resources to Autodesk’s strategic priorities such as investments in cloud, platform, and artificial intelligence.”

Annual report 2026A · The company itself

“We continually invest resources to update and improve these systems to meet the evolving requirements of our business and customers. In particular, our transition to cloud-based 26 Table of Contents products and a subscription-only business model involves considerable investment in the development of technologies, as well as back-office systems for technical, financial, compliance, and sales resources.”

Annual report 2026A · The company itself

“In addition, we have made, and plan to continue to make, significant investments in our supply chain, such as the construction of multiple new distribution centers which began operations in fiscal 2025 and the execution of various technology initiatives. These investments seek to improve product availability and assortment, fulfill evolving consumer product demands and keep up with our long-term store expansion goals.”

Annual report 2025A · The company itself

“För att behålla vårt kostnadsledarskap behöver vi säkerställa att vi hela tiden arbetar med operationella förändringar som förfinar våra processer. Vi behöver också lägga mer fokus på att bli lika digitala internt som vi är externt mot våra kunder.”

Annual report 2024A · The company itself

“Research, Development and Innovation As a global leader in materials science, we innovate to develop and introduce new products and solutions that help customers solve some of the most complex problems in the industries we serve. These include optimizing supply-chain and labor efficiency, reducing waste and mitigating loss, advancing sustainability, circularity and transparency, and helping brands and consumers to better connect.”

Annual report 2025A · The company itself

“Technology will play an important role to drive efficiency improvements going forward. Our cost reduction and efficiency efforts have continued throughout the year with investments in technology to further increase our efficiency and scalability.”

Annual report 2024A · The company itself

“We have seen a significant increase in payment plans established through our self-service portals during the year and we also see a general increase in activities that are fully automated. This has allowed us reduced number of FTEs notably during 2024.”

Annual report 2024A · The company itself

“We also see a potential of further operational improvements through use of technology and data. A higher degree of automation and increased use of AI powered tools will contribute to this.”

Annual report 2024A · The company itself

“The Board will continue to focus on further cost reductions through streamlining operations. The Board expects that further efficiency can be achieved through increased use of tools such AI powered automation, self-service platforms and multi-channel customer communication.”

Annual report 2024A · The company itself

“With a growth mindset and by pursuing operational excellence, we lean on our competitive strengths to reach our financial goals. We are focused on maintaining our strong financial position by listening to and partnering with our global customers, delivering operational efficiencies and an innovative product portfolio from our best-in-class manufacturing facilities and returning value to shareholders via share repurchases and dividends.”

Annual report 2025A · The company itself

“MVA-BN Phase 2 A study comparing the safety, immunogenicity and reactogenicity of MVA-BN manufactured using different cell lines. The study is part of the Company’s efforts to scale manufacturing capacity to meet future demand by introducing a proprietary cell line, designed to significantly increase the manufacturing efficiency compared to the current egg-based production.”

Annual report 2025A · The company itself

“Implementation of New Operating Model In the third quarter of 2023, we completed the implementation of a new operating model intended to simplify and streamline our operations and better align our manufacturing and supply chain to our commercial activities. Under this operating model, our business is currently comprised of three reportable segments: Medical Products & Therapies, Healthcare Systems & Technologies, and Pharmaceuticals (each discussed below).”

Annual report 2025A · The company itself

“Capital expenditures totaled $513 million in 2025 as we continued to invest across our businesses to support future growth, including additional investments in support of new and existing product capacity expansions. Our investments in capital expenditures in 2025 were focused on projects that are structured to improve production efficiency, enhance our quality systems and optimize manufacturing capabilities to support our business growth.”

Annual report 2025A · The company itself

“Healthcare Systems & Technologies Our Healthcare Systems & Technologies segment includes sales of our connected care solutions and collaboration tools, including smart bed systems, patient monitoring systems and diagnostic technologies, respiratory health devices and advanced equipment for the surgical space, including operating room integration technologies, precision positioning devices and other accessories.”

Annual report 2025A · The company itself

“Installationen av den helautomatiserade såg- och bearbetningslinan för långa produkter i anläggningen i Åbo under 2023 har medfört att den finska verksamheten som helhet tagit marknadsandelar under 2024.”

Annual report 2024A · The company itself

“In order to remain competitive in the industries in which it operates and to boost supply reliability and productivity, BD continues to make investments in R&D, quality management, quality improvement, product innovation, manufacturing and supply chain.”

Annual report 2025A · The company itself

“Andra lösningar som utvecklats inom AI och automatisering är bland annat inom lagerhantering för att säkerställa korrekt och uppdaterade data samt effektivisera processer.”

Annual report 2024A · The company itself

“För att ytterligare effektivisera och skapa skalbarhet har vi investerat i IT-infrastruktur och automation. Vi har också ökat samordningen av upphandlingar och inköp för att dra nytta av vår skala.”

Annual report 2024A · The company itself

“Segmentet Home Improvement erbjuder ett brett sortiment och prismatchning inom främst DIY-produkter och baseras till övervägande del på en dropship-modell med låg kapitalbindning.”

Annual report 2024A · The company itself

“BICO GROUP AB (PUBL) ÅRSREDOVISNING 2024 VISION OCH MISSION BICO möjliggör och automatiserar framtidens life-science labb Den uppdaterade strategin, BICO 2.0, samt ny vision, mission och affärsområden lanserades under kapitalmarknadsdagen i september 2024. Vara förstahandsvalet som partner inom labbautomation och tillhandahålla utvalda arbetsflöden till pharma och biotech Vision Mission Läs mer om BICO Strategi 2.0 på sidorna 14-16.”

Annual report 2024A · The company itself

“Det nya affärsområdet Lab Automation tillhandahåller automatiseringslösningar för arbetsflöden.”

Annual report 2024A · The company itself

“Lösning Biosero, en leverantör för laboratorieautomationslösningar för vetenskapliga upptäckter, som utvecklar Green Button Go (GBG) Scheduler, en mjukvara som schemalägger och utför vetenskapliga processer för olika integrerade plattformar. GBG spelade en avgörande roll i att hjälpa Astellas forskare med att schemalägga olika processer, samt med att lyckas integrera instrument från tredje part under ett gemensamt hårdvaruagnostiskt system.”

Annual report 2024A · The company itself

“As the last driver, we are striving to continue expanding our presence in the technology space, futureproofing beyond feed.”

Annual report 2025A · The company itself

“The operations of the Tech Solutions segment include AQ1 Systems, which is an innovative leader in precision feeding based on AI and behavioural-based control and feeding detection technology for sustainable aquaculture. AQ1 Systems, which forms the base of the Tech Solutions segment, was our first aquisition outside feed, being one of the core commercial drivers of BioMar's strategy Above & Beyond.”

Annual report 2025A · The company itself

“The Company plans to strengthen its core competencies and expand business development resources to set up the organization for future growth.”

Annual report 2025A · The company itself

“Institutional active AUM ended 2025 at $2.5 trillion, reflecting $53 billion of net inflows, driven by the funding of several significant outsourcing mandates and continued growth in BlackRock's LifePath® target-date and private markets platforms. Multi-asset net inflows of $46 billion reflected continued growth from significant outsourcing mandates and LifePath target-date offerings.”

Annual report 2025A · The company itself

“We apply data, automation, and AI to improve the speed, accuracy, and usability of our products.”

Annual report 2025A · The company itself

“Strategic Priorities: Our focus for Square is reflected in three core pillars: Commerce, Automation, and Networks. •Commerce: Square seeks to simplify selling for businesses of varying sizes by offering software, hardware, payments, and financial solutions delivered through a vertically integrated platform. These solutions are intended to support key seller workflows, including point-of-sale, ordering, inventory, staffing, and business management. •Automation: We are focused on enabling growth by leveraging AI to increase productivity and outcomes for our sales and marketing, customer service, and engineering efforts, in addition to building features that help sellers grow their businesses.”

Annual report 2025A · The company itself

“Strategic Priorities Cash App is building the financial operating system for the next generation through four integrated capabilities: networks, commerce, banking, and bitcoin. Each capability addresses a distinct financial need while reinforcing the others through shared infrastructure and automation.”

Annual report 2025A · The company itself

“Sales and Marketing Square The Square ecosystem has a strong brand affinity among its sellers, which we believe strengthens the Square brand and helps drive efficient customer acquisition. Direct marketing, online and offline, has also been an effective customer acquisition channel.”

Annual report 2025A · The company itself

“We use various scalable communication channels such as email marketing, in-product notifications and messaging, and Square Communities, our online forum for sellers, to increase the awareness and usage of our products and services with little incremental sales and marketing expense.”

Annual report 2025A · The company itself

“Our services are built on a scalable technology platform, and we place a strong emphasis on data analytics and machine learning to maximize the efficacy, efficiency, and scalability of our services.”

Annual report 2025A · The company itself

“In February 2026 we announced a workforce reduction restructuring plan (the “Workforce Plan”) designed to better align our organizational structure with our operating model and strategic priorities. As part of the Workforce Plan, we expect to reduce our current workforce by more than 40%.”

Annual report 2025A · The company itself

“For example, we have implemented, and may in the future implement, expense cuts and reductions in the size of our workforce to, among other things, align our cost structure with our business and longer term strategies. In February 2026 we announced a workforce reduction restructuring plan designed to better align our organizational structure with our operating model and strategic priorities.”

Annual report 2025A · The company itself

“In February 2026 we announced a workforce reduction restructuring plan designed to better align our organizational structure with our operating model and strategic priorities. As part of this plan, we expect an increased reliance on automation, proactive intelligence capabilities and AI tools that we believe will enhance productivity and maintain operational efficiency.”

Annual report 2025A · The company itself

“Operational tools, such as Square Team Management and Square Payroll, allow sellers to manage scheduling, performance, and payroll administration. These products integrate directly with Square’s commerce and financial services, providing sellers with a cohesive experience.”

Annual report 2025A · The company itself

“Teknologiska beroenden: Framgången för våra affärsplaner är beroende av snabba framsteg inom digitalisering och automatisering.”

Annual report 2024A · The company itself

“Total beräknad investering: Odda expansion I Odda investerar vi i en utbyggnad av smältverket för zink, vilket gör det möjligt att nästan fördubbla zinkproduktionen och samtidigt minska växthusgasintensiteten. De flesta anläggningarna kommer att byggas ut och parallellt med moderniseringen av processerna ökar vi digitaliseringen och automatiseringen.”

Annual report 2024A · The company itself

“Bland underjordsgruvor har Garpenberg världsledande produktivitet enligt Wood Mackenzie.”

Annual report 2024A · The company itself

“Smältverket i Kokkola är en föregångare inom automatisering och digitalisering och robotar används i olika uppgifter i företagets zinkproduktion.”

Annual report 2024A · The company itself

“I Gruvor slutfördes dammprojektet i Aitik framgångsrikt under 2024, liksom inkluderandet av Liikavaara satellitgruva med en AHS-driven (Autonomous Hauling System) truckflotta till verksamheten.”

Annual report 2024A · The company itself

“Vi tillämpar därför repetitiva arbetsmetoder och beprövade byggsystem på flera av våra marknader. Exempelvis bygger vi småhusprojekt på flera platser i Tyskland med en hög grad av repetition.”

Annual report 2024A · The company itself

“Produktionen av våra produkter baseras på en teknisk plattform som kontinuerligt har förbättrats i steg sedan 1994. Nyckelkompetenser som byggledning, planering och design genomförs av Bonavas egna anställda.”

Annual report 2024A · The company itself

“För att uppnå detta kommer vi att fortsätta att investera i förpackningsmaskiner men också i marknadsföring, mässor och digital handel.”

Annual report 2024A · The company itself

“A NOK 100 million investment in a new green technology platform and an associated commercial scale demonstration plant is ongoing. The new platform will enable the delivery of next generation lignin-based biopolymers and granulation of existing and new products. Targeted application areas include homecare, industrial cleaners, water treatment and agriculture.”

Annual report 2024A · The company itself

“Borregaard is investing NOK 100 million in a new technology platform. This includes the construction of a demonstration plant dedicated to next-generation lignin-based biopolymers and granulation of existing and new products. Target application areas are homecare, industrial cleaners, water treatment and agriculture.”

Annual report 2024A · The company itself

“Another investment of NOK 490 million for a capacity increase project at Borregaard’s Sarpsborg site marks the first phase of a two-step debottlenecking initiative designed to increase production output of speciality cellulose, lignin- based biopolymers and advanced bioethanol by 5–10%.”

Annual report 2024A · The company itself

“New competitors may emerge in the future, potentially including companies introducing new sales or distribution models to our industry or leveraging genomic, robotic, navigation, and/or other automation technologies.”

Annual report 2025A · The company itself

“We continue to transform how we conduct research and development by identifying best practices, driving efficiencies and optimizing our cost structure, which we believe will enable increased development activity and faster concept-to-market timelines.”

Annual report 2025A · The company itself

“Resources Manufacturing and Raw Materials We are focused on continuously improving our supply chain effectiveness, strengthening our manufacturing processes and increasing operational efficiencies within our organization worldwide. In doing so, we seek to focus our internal resources on the development and commercial launch of new products and the enhancement of existing products.”

Annual report 2025A · The company itself

“Öka rörelsemarginalerna Vårt omedelbara fokus under 2024 har varit att öka våra rörelsemarginaler genom att minska strukturella kostnader och att påbörja processen att bygga en kultur av operativ excellens.”

Annual report 2024A · The company itself

“Under året började vi implementera LEAN-verktyg och processer för att främja en miljö av ständiga förbättringar och innovationer.”

Annual report 2024A · The company itself

“För att hålla den höga kvaliteten på Boules produkter utan att låta kostnaderna stiga fortsätter bolaget att investera i effektiviseringen av produktionsprocesser och förbättrade tillverkningsstrukturer. För att säkerställa att produkterna prissätts baserat på det värde som genereras för kund sker ett internt samarbete mellan olika funktioner inom bolaget.”

Annual report 2024A · The company itself

“Med dubbla distributörskanaler (Medonic & Swelab) i de flesta länder minskar beroendet av enskilda distributörer.”

Annual report 2024A · The company itself

“Vi skapar välfungerande och hållbara miljöer där människor trivs Energieffektivitet med automation Genom uppkopplad och fjärrövervakad fastighetsteknik optimerar vi energieffektiviteten och förbättrar inomhusklimatet. Automation i fastigheter bidrar även till lägre driftskostnader.”

Annual report 2024A · The company itself

“Våra vanligaste tjänster El Värme och sanitet Ventilation Automation Säkerhet och brandsäkerhet Energilösningar för samhällets omställning Energy Management Fastighetsautomation GreenHub fossilfri service Solpaneler Elbilsladdning Vi erbjuder även Projektledning och design Critical Power Teknisk Facility Management Industrirör Kraft Sprinkler Kyla Lösningar för framtiden Tillsammans med våra kunder skapar vi lösningar nu och för framtiden.”

Annual report 2024A · The company itself

“A number of insurance companies directly sell insurance, primarily to individuals or small enterprises, and as a result do not pay commissions to third-party agents and brokers.”

Annual report 2025A · The company itself

“Additionally, we use AI and robotic processing automation (“RPA”) in our business. We are using enterprise-managed AI tools to enhance productivity and operational efficiency, and we are actively exploring use-cases.”

Annual report 2025A · The company itself

“90% of all products are picked automatically, thus ensuring both high ser vice quality and efficiency.”

Annual report 2025A · The company itself

“New growth opportunities await in new business segments and in AO Sweden. · AO´s omnichannel strategy secures both digital efficiency and close customer relations · It's AO´s ambition to beat the market with a minimum of 2% each year via organic and acquisitive growth High efficiency · AO aims to continuously optimise internal and external processes, enabling our teams to focus on complex, value-creating tasks for our customers while automating simpler manual activities.”

Annual report 2025A · The company itself

“Prefabricated components: Compared to conventional “stick-build” construction where builders cut and assemble lumber at the job site with their own labor, prefabricated components are engineered in an offsite location using specialized equipment and labor. This outsourced task allows for optimal material usage, lower overall labor costs and improved quality of structural elements. In addition, using prefabricated components typically results in faster construction because fabrication can be automated and performed more systematically.”

Annual report 2025A · The company itself

“Any of these competitors may (i) foresee the course of market development more accurately than we do, (ii) develop products that are superior to our products, (iii) have the ability to produce or supply similar products at a lower cost, (iv) develop stronger relationships with local homebuilders or commercial builders, (v) adapt more quickly to evolving customer preferences or requirements, or (vi) more effectively adopt and utilize new or emerging technologies, including data analytics, automation and artificial intelligence than we do.”

Annual report 2025A · The company itself

“Invest in Innovation and Drive Operational Excellence Optimize our highly scalable cost structure with operational excellence initiatives. We continue to focus on standardizing and automating processes and technology-based workflows to minimize costs, streamline our operations and enhance working capital efficiency. We are implementing operational excellence initiatives that are designed to further improve efficiency, as well as customer service.”

Annual report 2025A · The company itself

“Our long-term strategy depends in part on growing our sales of prefabricated components and other value-added products, increasing our market share, and implementing various initiatives to increase our operational efficiency, improve our margins, optimize our pricing strategies, and streamline the customer experience.”

Annual report 2025A · The company itself

“For example, during 2025, we began the implementation of a new ERP system. The new ERP system is intended to transform certain areas of business such as manufacturing, supply chain, procurement, warehouse management, delivery, quote to cash, financial reporting, and analytics, and position us to better leverage automation and process efficiency and enable productivity enhancements.”

Annual report 2025A · The company itself

“(Patrik) Den främsta anledningen till att 2024 blev ett så framgångsrikt år för Bure var den starka resultatutvecklingen i våra portföljbolag – i synnerhet våra fyra största innehav. Mycronic nådde en rekordhög omsättning på över 7 Mdkr och ett resultat som översteg 2 Mdkr – även det rekordnivå. Maskritardivisionen hade ett fantastiskt år och drev en stor del av framgången, samtidigt som övriga affärsområden utvecklades starkt. Bolaget har därmed på sex år nästintill fördubblat både omsättning och resultat – imponerande!”

Annual report 2024A · The company itself

“Under de senaste 10 åren har Bures portfölj haft en tonvikt mot två större portföljbolag, Mycronic och Vitrolife. Sedan noteringen av Yubico, genom Bures förvärvsbolag ACQ, har innehavet ökat kraftigt i värde och var vid utgången av 2024 Bures tredje största innehav. Sammantaget står nu de tre största innehaven för c. 70 procent av portföljen.”

Annual report 2024A · The company itself

“I hovedtrekk vil Byggma allokere sine investeringer mot digitalisering og automasjon i produksjonsprosessene, samt miljø- og bærekraft.”

Annual report 2024A · The company itself

“Dette er verdiøkende for Forestia og kundene, og i tillegg får vi en miljøgevinst gjennom mer effektiv transport av varer. I 2024 hadde vi en salgsvekst av kryssfinér- og OSB-plater på MNOK 43,7 (70,2 %) sammenlignet med 2023. Dette bekrefter at denne løsningen vi tilbyr er attraktiv hos våre kunder.”

Annual report 2024A · The company itself

“Investering som tidligere er gjort ved fabrikken har nå stor positiv effekt på leveringstiden, og dette har bidratt til at Uldal gjennom de siste årene har økt sin markedsandel i det norske vindusmarkedet betydelig. Gjennomførte investeringer i produksjonsutstyr for skyvedører medfører at selskapet kan produsere skyvedører selv kostnadseffektivt, i stedet for å kjøpe disse til høye priser som handelsvarer.”

Annual report 2024A · The company itself

“The second, Physical AI, focuses on embedding AI into physical systems like autonomous vehicles, industrial robotics, and automation.”

Annual report 2025A · The company itself

“System Innovation: Building on our Design Excellence foundation, this pillar applies our AI-driven computational expertise to multiphysics-based analysis of systems containing electronic devices, such as printed circuit boards ("PCBs"), advanced packaging technologies, and 3D-ICs. This enables customers to verify that their products will function as intended under various physical conditions.”

Annual report 2025A · The company itself

“In addition, advances in technology, such as automation and AI, may lead to workforce evolution. This could require us to invest in additional employee training, manage impacts on morale and retention, and compete for employment candidates who possess more advanced technological skills, all of which could have a negative impact on our business and operations.”

Annual report 2025A · The company itself

“Engineering and implementation: increase engineering capacity, streamline delivery model and utilize automation to convert more opportunities to sales.”

Annual report 2024A · The company itself

“Samtidigt fortsatte vi att ha en stabil kostnadsbas och förbättrade marginalerna stadigt. Vi omorganiserade delar av våra utvecklingsteam, ersatte konsulter med anställda, minskade hostingkostnader och arbetade kontinuerligt med att förbättra kostnadsbasen. Tack vare dessa initiativ steg vår justerade EBITDAC-marginal till 0% år 2024 jämfört med -18% 2023.”

Annual report 2024A · The company itself

“Carasents mission är att driva effektivitet och kvalitet inom hälso- och sjukvården. Bolagets produktportfölj omfattar digitala journalsystem (EHR-programvara) och andra affärskritiska verktyg och tjänster (plattformstjänster) som minskar onödig administration och effektiviserar vårdflöden genom digitalisering och automatisering.”

Annual report 2024A · The company itself

“Our future success depends on designing, developing, producing, selling and supporting innovative products that incorporate advanced technologies. The regulations and policies applicable to our products, as well as our customers’ product and service needs, change from time to time. Moreover, regulatory and policy changes, inclusive of those aimed at addressing energy infrastructure and incentives and climate events and its impacts, may render our products and technologies non-compliant or noncompetitive and may subject us to operational, compliance, business and reputational risks.”

Annual report 2025A · The company itself

“For example, rapid changes in technology, including rideshare services and the development of autonomous vehicles, including those developed by Waymo and Tesla, could lead to a decrease in demand for our products.”

Annual report 2025A · The company itself

“Tekniska innovationer som automatisering, robotisering och AI bidrar dessutom till smartare och mer effektiv logistik och handel.”

Annual report 2024A · The company itself

“In addition to equipment, Resource Industries sells technology products and services to provide customers fleet management, equipment management analytics, autonomous machine capabilities, safety services and mining performance solutions.”

Annual report 2025A · The company itself

“We oversee the daily operations that keep buildings functioning. These include technical services (e.g., HVAC, electrical, plumbing, fire systems, elevators/escalators), which we typically self-perform, and soft services (e.g., janitorial, security, landscaping), which we often sub-contract, and integrate these with smart building solutions that increase efficiency and generate cost savings for the building occupiers.”

Annual report 2025A · The company itself

“•Digital Velocity: We deliver advanced digital transformation solutions that enable organizations to modernize their IT infrastructure, applications, and operations. Leveraging expertise in cloud-native deployment, DevOps, AI, and automation, we help customers improve business outcomes through scalable and secure technology implementations.”

Annual report 2025A · The company itself

“MAXIMERA Stora laboratorier Små & medelstora laboratorier Specialanalyser Nya områden ACCELERERA EXPANDERA UTFORSKA 5 4 3 2 1 - 17 - 5 4 3 2 1 Vi blickar framåt med målet att stärka vår ledande position genom innovativa lösningar för snabb och effektiv blodanalys inom stora hematologilaboratorier. Vi använder vår expertis inom provberedning, höghastighetsrobotik, digital bildbehandling och artificiell intelligens för att säkerställa robust och hållbar tillväxt på en marknad där vi redan har en stark position.”

Annual report 2024A · The company itself

“Even if a generation project is approved, risks associated with the development or construction of any new generation exist, including new legislation or governmental action restricting or delaying new generation, moratorium legislation, changes to trade practices (including tariffs, bans, retaliatory trade measures taken against the United States or related governmental action), changes to business practice manuals of MISO or corresponding impacts such as interconnection delays (which may be exacerbated by significant new load additions), the ability to procure resources needed to build at a reasonable cost, scarcity of resources and labor, the ability to appropriately estimate costs of new generation, the effects of potential construction delays, project scope changes, and cost overruns, cost of and ability to meet capacity requirements and related customer affordability considerations.”

Annual report 2025A · The company itself

“Solar and Wind Indiana Electric has entered into various PPAs to purchase solar power and wind power to meet its future generation needs as reported in the table below: Power Type Counterparty Location Date in Service/Expected Date in Service Capacity (MW) Term (in Years) Wind NextEra Energy, Inc. Tama County, Iowa 2025 170 27 Solar Origis Knox County, Indiana 2026 150 20 Wind NextEra Energy, Inc.”

Annual report 2025A · The company itself

“We are committed to initiatives to generate more revenue, contain costs, and protect shareholder value through enhanced commercial initiatives, restructuring and efficiency actions to drive cost savings, as well as a balanced approach to capital deployment. These initiatives have included: •Restructuring initiatives to manage costs and generate efficiency by reducing staffing levels to align with the level of demand, as well as evaluating our global footprint to optimize, consolidate, and simplify operations.”

Annual report 2025A · The company itself

“We continue to evaluate the deployment of our cash on hand and anticipated future free cash flow, including investing in our business growth and other strategic opportunities, including expanding the capacity of our network, the expansion of our network through our rural broadband construction initiative, the build-out and deployment of our CBRS spectrum, and mergers and acquisitions as well as stock repurchases and dividends.”

Annual report 2025A · The company itself

“The company has implemented a factory development strategy utilizing multi-well pads to drill a series of horizontal wells that are subsequently completed using hydraulic fracture stimulation. This manufacturing-style process, combined with advantaged acreage holdings and technological advancements, have enabled productivity improvements across unique geological locations throughout the basin.”

Annual report 2025A · The company itself

“In 2025, TCO completed the Future Growth Project (FGP) at the Tengiz oil field, which increased crude oil production by 260,000 barrels per day with a total gross output of one million barrels of oil-equivalent per day.”

Annual report 2025A · The company itself

“We have set aggressive goals for the number of new restaurants we plan to open over the next few years. Even in the absence of extraordinary disruptions, we may not be able to increase the capacity of our supply chain to keep pace with our growth and fully meet our future business needs. We have experienced and may in the future experience limited available supplies of Responsibly Raised proteins and ingredients that meet our Food with Integrity specifications.”

Annual report 2025A · The company itself

“Our existing restaurant management systems, back-office technology systems and processes, financial and management controls, information systems and staffing may not be adequate to support our growing business. To effectively manage a larger number of restaurants, we may need to upgrade and expand our infrastructure and information systems, automate more processes that currently are manual or require manual intervention and hire, train and retrain restaurant employees and corporate support staff, all of which may result in increased costs and at least temporary inefficiencies.”

Annual report 2025A · The company itself

“Strategy Our strategy is to build on and expand our global leadership in optical networking to drive sustainable, profitable growth while expanding our reach into complementary, high-growth markets and applications. We are focused on helping customers transform their networks to enable enhanced network capacity, service delivery, and automation and to meet accelerating demand for bandwidth and digital services. This strategy leverages our optical leadership, routing and switching capabilities, automation software, and services.”

Annual report 2025A · The company itself

“Drive Software-Led Transformation. We are committed to meeting network operators’ needs for increasing automation, programmability, and intelligence across networks, including through our primary off-box software platforms. Our Navigator NCS software, Adaptive IP capabilities embedded in our platforms, and Blue Planet® software enable network operators to automate lifecycle management, orchestrate across multi-vendor environments, and evolve toward service-ready networks.”

Annual report 2025A · The company itself

“We regularly pursue initiatives to scale, transform and optimize our business operations and IT systems through the reengineering of certain processes and investment in automation, including the use of AI.”

Annual report 2025A · The company itself

“•Blue Planet Automation Software and Services revenue reflects sales of Blue Planet Automation Software and Blue Planet Services. •Blue Planet Automation Software - includes inventory management, orchestration, route optimization and analysis, and unified assurance and analytics software. •Blue Planet Services - includes sales of subscription, installation, support, consulting and design services related to the Blue Planet Automation Platform.”

Annual report 2025A · The company itself

“We believe our commercial lines insurance segment premiums reflect a higher concentration, relative to industry commercial lines premiums, in contractor-related businesses. Since economic activity related to construction, which can heavily influence insured exposures of contractors, may experience cycles that vary significantly with the economy as a whole, our commercial lines premium trends could vary from commercial lines premium trends for the property casualty insurance industry. In 2025, we estimated that 39% of our general liability premiums, and 38% of our workers’ compensation premiums came from the construction industry based on North American Industry Classification System (NAICS) codes.”

Annual report 2025A · The company itself

“In addition, businesses may decide to perform certain services in-house instead of outsourcing these services.”

Annual report 2026A · The company itself

“We are incorporating AI into our product portfolios across networking, security, collaboration and observability, as well as integrating our products more tightly together into a platform.”

Annual report 2026A · The company itself

“Detta innefattar att öka marknadsföringsinvesteringarna för kärnvarumärken inom Förpackade märkesvaror och att svara upp mot en förändrad efterfrågan från konsumenter och kunder samt att skapa kapacitet för att tillverka fler produkter.”

Annual report 2024A · The company itself

“Our project backlog includes a range of exciting and profitable technologies, notably our planned solar park in Denmark and energy storage systems in Sweden.”

Annual report 2024A · The company itself

“Our markets are characterized by extensive research and development, rapid technological change, frequent new product introductions, changes in customer requirements and evolving industry standards. The nature of these markets requires significant research and development expenses to participate, with substantial resources invested in advance of material sales of our products to our customers.”

Annual report 2026A · The company itself

“Other transaction products •Base: Base is a decentralized L2 Ethereum blockchain offering fast, low-cost, global onchain transactions. Base has processed billions of transactions since launch and supports an expanding ecosystem of onchain applications across capital markets, trading, payments, and more. Our goal for Base is to bring one million developers and one billion users onchain to build a global economy.”

Annual report 2025A · The company itself

“We continue to embed new ways of working to adapt to a rapidly changing world, drive innovation and operational efficiency and adopt and leverage technologies such as AI. If we do not (or are perceived not to) successfully implement these initiatives and/or upskill our employees, our ability to recruit, attract and retain talent may be adversely impacted.”

Annual report 2025A · The company itself

“we will advance the user experience by accelerating automation and AI to enable a step-up in service”

Annual report 2025A · The company itself

“Altering packaging materials or formats involves developing new technologies and significant changes to long-term production equipment optimized for specific formats. These systems represent considerable investments and are not easily or quickly replaced.”

Annual report 2025A · The company itself

“Material risks include high dependence on a variety of raw materials, sourced from a variety of suppliers used in a lean, highly optimised, high-volume production setup at Coloplast factories.”

Annual report 2025A · The company itself

“We diversified our manufacturing footprint, expanded capacity, and invested in automation to boost resilience and competitiveness.”

Annual report 2025A · The company itself

“Firstly, we plan to improve efficiency in Global Operations to help offset external headwinds and deliver gross margin accretion, as well as Capex and inventory reductions. Secondly, we aim to drive scalability across the Group with our Coloplast Business Support Centre in Poland and the establishment of a Business Support Centre in Costa Rica to support growth and scale in the US.”

Annual report 2025A · The company itself

“Towards our customers, we will advance the user experience by accelerating automation and AI to enable a step-up in service and deliver a best-in-class user experience.”

Annual report 2025A · The company itself

“In 2026, we expect organic growth of 0-5% and improved earnings of 8-10% driven by enhanced efficiency and a continued focus on contract profitability.”

Annual report 2025A · The company itself

“This positions us well to continue our growth journey and maintain a clear focus on improving profitability. Key priorities on our agenda remain: • Continuous focus on efficiency • Increasing use of Columbus’ service centers • Commercial excellence • Leveraging of Columbus’ strong business model The outlook is subject to the general uncertainties in our markets, such as the current macro-economic conditions, higher than normal exchange rate volatility and a continuous geopolitical situation that may impact on the general business environment.”

Annual report 2025A · The company itself

“Network and Technology Our Connectivity & Platforms businesses use our HFC network in the United States, which we believe is sufficiently flexible and scalable to support our future technology requirements and enables us to continue to grow capacity and capabilities over time.”

Annual report 2025A · The company itself

“Excel at Modular and Off-Site Construction—We believe that modular and off-site construction – the ability to build superior quality plants and systems away from the construction site – has become increasingly important in complex construction projects. Accordingly, we have invested in that capability through acquisitions, and after acquisition we have further invested in improving and growing that service offering.”

Annual report 2025A · The company itself

“Industriverksamheten var under 2024 organiserad i fyra rörelse drivande enheter: – Firenor International, som erbjuder olika typer av säker - hetssystem för aktiv brandbekämpning med huvudkontor i Norge och verksamhet på en global marknad. – Optronics Technology, som erbjuder optiska gasdetek - torer för olika industriapplikationer, främst för olje- och gasmarknaden, marinmarknaden och gruvnäringen. – ACAF Systems, som erbjuder en lösning för effektiv användning av fluorfritt och biologiskt nedbrytbart brandbekämpningsskum, framför allt till kunder inom kraftindustrin, olje- och gasindustrin, flygindustrin, gruvnäringen och till petrokemiska anläggningar. – SAL Navigation, som är ett av världens ledande företag inom specialnischen integrerade fartygsloggar, marina färdskrivare (Voyage Data Recorder – VDR) samt posi - tioneringssystem.”

Annual report 2024A · The company itself

“Yhteisissä hankkeissa korostuvat yhteistoimintamallit ja lean-menetelmät. Yhteistoimintaurakoilla ja allianssimalleilla pyritään parantamaan rakentamisen toimintakulttuuria ja hallitsemaan vaativiin korjaushankkeisiin sisältyviä riskejä.”

Annual report 2025A · The company itself

“Trenden mot portabla diagnostik verktyg driver också en stark efterfrågan på handhållna ultraljudsenheter, där bildkvalitet är en av de viktigaste faktorerna vid val av utrustning.”

Annual report 2024A · The company itself

“RESEARCH AND DEVELOPMENT The Company employs approximately 500 people in research and development. CooperVision's product development and clinical research is supported by internal and external specialists in lens design, formulation science, polymer chemistry, engineering, clinical trials, microbiology and biochemistry. CooperVision's research and development activities primarily include programs to develop new contact lens designs, myopia management, and manufacturing technologies, along with improving formulations and existing products.”

Annual report 2025A · The company itself

“Significant increases in the cost of fuel or heightened level of inflation could lead to a reduction in miles driven per car and a reduction in accident rates. A material reduction in accident rates, whether due to, among other things, a reduction in miles driven per car, vehicle-related technological advances such as accident avoidance systems and, to the extent widely adopted, the advent of autonomous vehicles, could have a material impact on revenue growth. Similarly, a reduction in total loss frequency rates, due to among other things, sharp increases in used car prices that make it less economical for insurance company sellers to declare a vehicle involved in an accident a total loss, could also have a material impact on revenue growth.”

Annual report 2025A · The company itself

“AP Modernization – We offer invoice and payments automation solutions with options that are purpose-built for the simplest small business to the most complex large enterprise. We initiate, manage and guarantee payment of all company-approved bills to all domestic and international vendors through whichever payment modalities the vendors allow, such as virtual card, automated clearing house (ACH), wire or check.”

Annual report 2025A · The company itself

“Table of Contents We have made and may continue to make investments and acquisitions to improve the speed, accuracy and efficiency of our supply chains and delivery channels. The effectiveness of these investments can be less predictable than opening new locations and might not provide the anticipated benefits or desired rates of return.”

Annual report 2025A · The company itself

“Operationella förbättringar : Åtgärder för att effektivisera och rationalisera produkteller tjänsteutbudet, sänka produktionskostnader eller öka mätbarhet och uppföljning genom till exempel bättre IT-lösningar.”

Annual report 2024A · The company itself

“The Falcon platform’s AI-native architecture uses advanced models and the power of the Security Cloud to detect and stop breaches, while innovations like Charlotte AI represent a significant advancement in agentic AI—delivering autonomous security decisions within customer-defined guardrails to triage detections, reduce noise, and accelerate response.”

Annual report 2026A · The company itself

“Generative AI: Innovations like Charlotte AI leverage generative AI and agentic reasoning to automate time-intensive tasks, enabling security analysts to work more efficiently. Charlotte AI transforms hours of routine investigation into minutes, addressing critical skills gaps and enhancing operational efficiency.”

Annual report 2026A · The company itself

“All prescriptions processed by the Company are analyzed, processed and documented by the Company’s proprietary prescription management systems. These systems provide essential features and functionality to allow plan members to utilize their prescription drug benefits. These systems also streamline the process by which prescriptions are processed by staff and network pharmacists by enhancing review of various items through automation, including plan eligibility, early refills, duplicate dispensing, appropriateness of dosage, drug interactions or allergies, over-utilization and potential fraud.”

Annual report 2025A · The company itself

“As an element of these initiatives, we are increasing our longterm focus on business areas in which our expertise enables more sustainable returns. As such, our focus on building a core MPP fleet and growing our presence in the project cargo market gained momentum in 2025 with the addition of 16 new MPP vessel leases with purchase options.”

Annual report 2025A · The company itself

“We may not be able to successfully manage our growth, and if we are not able to grow efficiently, our business, financial condition and results of operations could be harmed. As usage of our platform capabilities grow, we will need to devote additional resources to improving and maintaining our infrastructure and integrating with third-party applications.”

Annual report 2025A · The company itself

“Till exempel har vi de senaste åren automatiserat flera processer inom bemanningen, som leadsgenerering av kandidater och implementering av verktyg för orderhantering och matchning. Under 2024 fortsatte vi att utveckla Dedicare-appen för att ytterligare förbättra kommunikationen med konsulterna.”

Annual report 2024A · The company itself

“Under 2024 har ett viktigt område varit digital marknadsföring med syfte att attrahera fler kandidater till vår verksamhet. Vårt kontinuerliga digitaliseringsarbete ska stärka Dedicares tillväxt, effektivitet och lönsamhet genom optimering av verksamhetsprocesser, förbättrad affärsuppföljning samt ökad synlighet på marknaden. Som en del av detta arbete har Dedicares interna kompetens inom affärs- och verksamhetsutveckling förstärkts. Ett flertal långsiktiga digitaliseringsinitiativ har inletts och utvecklats, med fokus på områden väl lämpade för automatisering inom bemanning, däribland leadsgenerering av kandidater samt vidare implementering av verktyg för effektivisering av orderhantering och matchning.”

Annual report 2024A · The company itself

“Operating excellence – Operating our business in a safe, reliable and environmentally responsible manner is fundamental to who we are. We embrace innovative thinking and believe technology will be instrumental in the longevity of our industry.”

Annual report 2025A · The company itself

“Our existing manufacturing facilities are designed to manufacture current and next-generation CGM systems, but may not be scaled quickly enough to permit us to manufacture one or more of our CGM systems in quantities sufficient to meet market demand. In the past, we have had difficulty scaling our manufacturing operations to provide a sufficient supply of product to support market demand and our commercialization efforts.”

Annual report 2025A · The company itself

“Positioned in high-growth markets Nearshoring of manufacturing closer to end markets is expected to support continued higher growth in the Mediterranean region in the coming years.”

Annual report 2025A · The company itself

“Digital transformation progressed in the Logistics Division through the AI-powered Planning Efficiency and Automation initiative, introducing the Assisted Route Building Optimization tool to cut planning time and driven kilometres.”

Annual report 2025A · The company itself

“The network has been adapted through capacity reductions and recent price increases.”

Annual report 2025A · The company itself

“warehouses → 14 customs offices Equipment → 13,700 trailers → 3,000 trucks Digitisation Logistics’ digital transformation advanced through the AI-powered Planning Efficiency and Automation initiative.”

Annual report 2025A · The company itself

“We expect to continue to exercise capital discipline, with a focus on capital efficiency over volume growth and plan to spend between $3.60 billion and $3.90 billion in cash capital expenditures in 2026. •Focus on low cost development and continuous operational improvement. Our acreage position is generally in contiguous blocks, which allows us to develop this acreage efficiently with a “manufacturing” strategy that takes advantage of economies of scale and uses centralized production and fluid handling facilities. We are the operator of approximately 97% of our acreage, which allows us to efficiently manage our operating costs, pace of development activities and the gathering and marketing of our production.”

Annual report 2025A · The company itself

“Part of our strategy involves drilling in existing or emerging shale plays using the latest available horizontal drilling and completion techniques; therefore, the results of our planned exploratory drilling in these plays are subject to risks associated with drilling and completion techniques and drilling results may not meet our expectations for reserves or production. Our operations involve developing and utilizing the latest drilling and completion techniques.”

Annual report 2025A · The company itself

“The technology industry generally and specific industries in which certain of our customers operate are characterized by rapidly changing technology, customer requirements and industry standards. New systems to deliver power to or eliminate heat in data centers or the development of new server technology that does not require the levels of critical load and heat removal that our facilities are designed to provide and could be run less expensively on a different platform could make our data center infrastructure obsolete.”

Annual report 2025A · The company itself

“Vi ökar nettoresultatet genom högre intäkter från nyuthyrning med rätt investeringar i befintlig portfölj, omförhandling av avtal, energieffektivisering och effektiv fastighetsförvaltning.”

Annual report 2024A · The company itself

“Gjennom mer sikker og effektiv datahåndtering, mer effektive IT-systemer og modernisering av prosesser, leverer vi bedre og mer innovative tjenester til kundene. Dette legger grunnlaget for bærekraftige løsninger som lar oss utforske nye muligheter uten å gå på bekostning av stabilitet, sikkerhet eller eksisterende løsninger.”

Annual report 2024A · The company itself

“Finansielle KPI-er: Andre ambisjoner: Utbyttepolitikk og kapitalplanlegging: • I tillegg til å fokusere på inntektsvekst, har vi identifisert et mål om brutto kostnadsreduksjoner på rundt 3 milliarder kroner i perioden 2025 til 2027. For å nå vårt kostnadsmål og styrke konkurransekraften, har vi definert følgende prioriterte områder for kostnadsreduksjon: • digitalisering og automatisering • effektivisering og redusert kompleksitet • skalafordeler • Årlig vekst i utlånsvolum, over tid, på 3–4 prosent • Årlig vekst i provisjonsbaserte inntekter, over tid, på over 9 prosent • DNBs overordnede mål er å levere langsiktig verdiskaping for sine aksjonærer, delvis via positiv aksjekursutvikling og delvis via en forutsigbar utbyttepolitikk • Vår utbyttepolitikk er å utbetale mer enn 50 prosent av årsresultatet i kontantutbytte.”

Annual report 2024A · The company itself

“Distribution A strong and efficient distribution network is critical to our ability to grow and to maintain a low-cost operating structure. We’re optimizing our supply chain network, executing a multi-year plan to expand and modernize our distribution centers, add capacity, and strengthen transportation.”

Annual report 2026A · The company itself

“Those initiatives include, among others: •Expanding and refining our multi-price assortment to deliver a broader, more relevant offering while preserving the foundational value proposition of Dollar Tree; •Managing costs with agility, including our strategies to mitigate tariffs and inflationary pressures, manage operating expenses, and reduce corporate SG&A as a percentage of sales; •Continuing new store growth, as well as improving store standards and operational consistency through refresh and renovation programs, shelf productivity optimization, and initiatives to elevate store execution and cleanliness; •Expanding and modernizing our distribution network, enhancing warehouse management systems, and improving our transportation systems; and •Modernizing our technology platform, replacing legacy systems, and enhancing our mobile app, human capital management systems, supply chain platforms, and data analytics capabilities.”

Annual report 2026A · The company itself

“Försäljningskontor i fler än 30 länder. • 22 tillverknings- och monteringsanläggningar i 11 länder. • Globala team upprättade för att säkerställa strukturella förbättringar.”

Annual report 2024A · The company itself

“Kontinuerliga kostnadsreduceringar – Genom att kontinuerligt minska kostnaderna inom alla verksamhetsområden minskar vi komplexiteten och ökar effektiviteten.”

Annual report 2024A · The company itself

“Investeringarna i produktinnovation har ökat, och ett stort antal nya produkter lanserades under 2024. Forsknings- och utvecklingskostnaderna i procent av nettoomsättningen låg på 2,6 procent, bland annat tack vare ökad effektivitet och fokus på globala produktplattformar. Globala produkter, generationsplanering och modularitet Dometics strategi är att öka innovationsnivån med bibehållen och stärkt konkurrensförmåga.”

Annual report 2024A · The company itself

“Kostnadsreduce - ringar kommer att uppnås genom minskad ineffektivitet och minskat svinn, samt genom utnyttjande av fördelarna med automatisering och digitalisering.”

Annual report 2024A · The company itself

“Gemensamma processer och kontinuerligt förbättrad konkurrensförmåga Lean-metoder är centrala för verksamhetsoptimering och kommer att öka Dometics konkurrenskraft. En organisation baserad på lean skapar mer värde för kunderna samtidigt som den använder färre resurser genom att inrikta arbetet på att fortlöpande förbättra kundvärdet och eliminera ineffektivitet.”

Annual report 2024A · The company itself

“Dometic strävar efter att automatisera processer när så är möjligt och att utveckla industrin med en hög grad av automation och ett sömlöst flöde inom samtliga områden.”

Annual report 2024A · The company itself

“However, advances in distributed generation technologies, such as solar cells, gas microturbines, battery storage and fuel cells, may make these alternative generation methods competitive with large-scale utility generation, and change how customers acquire or use the Companies’ services.”

Annual report 2025A · The company itself

“For example, companies operating in different industries are developing and have begun implementing autonomous technologies, and we believe that they may use these technologies to compete with us in the delivery or logistics industries. Our competitors may develop and commercialize autonomous and drone delivery technologies at scale before we or our partners do.”

Annual report 2025A · The company itself

“Our ability to provide a cost-effective local commerce platform depends on a number of factors, including Dasher efficiency and Dasher pay. Dasher efficiency relies on the technology that powers our platform and while we continue to make significant investments to improve the efficiency and sophistication of our technology, including enhancements to demand prediction, forecasting food preparation times at merchants, and optimizing our routing and batching algorithms, there is no guarantee that such efforts will be successful and produce the gains in efficiency to our platform that we expect.”

Annual report 2025A · The company itself

“Second, we continue to focus on improving returns on capital, as well as earnings margin, by enhancing our operational capabilities and making investments across the organization in growth capacity expansion, digital capabilities, automation, operations management, information technology ("IT"), shared services (including Dover Business Services and our India Innovation Center), and talent.”

Annual report 2025A · The company itself

“We also focus on continuous, effective cost management and productivity initiatives, such as supply chain optimization, automation and productivity capital expenditures, e-commerce and digital go-to-market, restructuring, product complexity reduction, improved footprint utilization, strategic pricing and portfolio management.”

Annual report 2025A · The company itself

“We have an experienced team of software developers, data scientists, and product managers to enhance our digital capabilities that is driving value creation across our business through digital transformation in five areas: (i) enhancing the customer experience through more efficient and streamlined digital customer interfaces that make it easy to do business with Dover companies; (ii) developing and improving acquired and organically built connected and software-as-a-service ("SaaS") products that combine sensors, software, machine learning and artificial intelligence; (iii) driving increased efficiency, safety and quality in our manufacturing operations by employing cutting-edge automation through "connected factory" and "data quality" programs; (iv) identifying and addressing scale opportunities to deploy artificial intelligence to drive productivity across our business processes; and (v) ensuring security of digital products.”

Annual report 2025A · The company itself

“We plan to make average annual investments in capital spending of approximately 2% of revenue with a focus on internal projects designed to expand our market participation and manufacturing capacity, drive further adoption of e-commerce and digital capabilities, and improve productivity.”

Annual report 2025A · The company itself

“•Operational management – Our operations teams, including our management team at the corporate center, focuses on improving operational efficiency, such as implementing production automation. •Shared services – We are continuing to further centralize shared services under Dover Business Services and our India Innovation Center.”

Annual report 2025A · The company itself

“The demand for increased visibility and higher productivity to mitigate cost inflation and improve supply chain reliability is a key driver of technological advancement. Customer and vendor interactions are gradually moving towards more modern API connections, and warehouses are increasingly operating with automation technology.”

Annual report 2025A · The company itself

“Digital Twins We are working on increasing automation and digitalisation of our warehouses through the implementation of digital twins as a key enabler. With digital twins, we virtually replicate the physical flows in real time using sensor data, enabling simulation, monitoring and optimisation. Bridging the physical and digital flows allows us to reduce labour intensive tasks, optimise warehouse utilisation, reduce damages, improve our planning and predict outcomes.”

Annual report 2025A · The company itself

“In 2025, we focused on integrating Schenker’s network to leverage the combined volumes, co-loading and charter agreements to benefit our customers, while optimising our network and procurement processes. In addition to creating a leading global network, the integration also provides significant cost synergies from economies of scale and operational leverage.”

Annual report 2025A · The company itself

“Technologies such as AI, machine learning and predictive analytics are enabling greater efficiency, cost savings and enhanced sustainability. At the same time, shifts in customer expectations, including the rise of direct carrier-to-client models and e-commerce growth, are reshaping the competitive landscape.”

Annual report 2025A · The company itself

“In Contract Logistics, the gross margin was 42.9%, compared to 39.2% in 2024. In addition to the acquisition of Schenker, the increase was largely related to higher average utilisation of warehousing facilities compared to the previous year, driven by the new mix of client-controlled, multi-client and owned facilities.”

Annual report 2025A · The company itself

“The Company’s profitability and margin growth will depend in part on the Company’s ability to maintain a streamlined operating model and drive sustainable improvements, through among other actions, leveraging technology, as well as artificial intelligence and machine learning (“AI”) and consolidation of manufacturing facilities, transitions to cost-competitive regions and product line rationalizations.”

Annual report 2025A · The company itself

“Baserat på vår kunskap om kundernas behov samt våra långvariga och starka relationer med både distributörer och leverantörer kan vi med ett optimerat lager hålla ett attraktivt utbud av produkter med snabba leveranser, vilket minskar vår kapitalbindning.”

Annual report 2024A · The company itself

“Genom mer gynnsamma marknadsförutsättningar och vår trimmade kostnadsbas kan vi i kombination med en ökad andel tjänsteförsäljning och egna märkesvaror samt en allt högre grad av automatisering och standardisering öka effektiviteten och stärka våra marginaler över tid.”

Annual report 2024A · The company itself

“Effektiviseringar och investeringar för framtiden Vi har under året kontinuerligt genomfört effektiviseringar i organisationen för att möta såväl den svaga marknaden som ett högt inflationstryck. Det har gett oss utrymme att genomföra selektiva investeringar, exempelvis i vår gemensamma IT-plattform.”

Annual report 2024A · The company itself

“Ökad intern kapacitet med en plattform och enhetliga processer Genom lanseringen av en gemensam ITplattform och möjligheten till samordnade processer ökar vi den interna kapaciteten och möjliggör därmed ökad försäljning och framtida expansion. På kort sikt innebär det att utnyttja möjligheterna till samordning genom lanseringen av den gemensamma IT-plattformen.”

Annual report 2024A · The company itself

“Synergier inom flera områden En gemensam organisation innebär att vi kan realisera synergier inom områden som upphandling, IT, teknisk plattform och onlineplattform för att öka vår lönsamhet.”

Annual report 2024A · The company itself

“One Ecolab ​ On July 30, 2024, we announced the One Ecolab initiative, which will enhance our growth and margin expansion journey. As a program within this initiative, we also announced that we commenced a restructuring plan to leverage our digital technologies to realign the functional work done in many countries into global centers of excellence.”

Annual report 2025A · The company itself

“Manufacturing costs must be kept down, lead times short and product quality and delivery precision high. Logistics is a key factor for success along the supply chain all the way to the aftermarket.”

Annual report 2024A · The company itself

“We are continuously working to optimize and improve our processes and workflows, making full use of the latest, state-of-the-art technology to deliver exceptional quality and short production times.”

Annual report 2024A · The company itself

“Over the last few years, investments have been made in competitive digital technology in order to meet customer demand for flexible print production in shorter and smaller series with high quality and at competitive prices.”

Annual report 2024A · The company itself

“We know that the value chain can always be improved. We do this through experimenting, using new technology and looking for ways to eliminate waste.”

Annual report 2024A · The company itself

“Focus on 3D printing and new materials: • Elkem expanded its portfolio of silicone solutions within the new AMSil™ 20 503 and AMSil™ Silbione™ 24 503 ranges for additive manufacturing. Additive manufacturing, commonly known as 3D printing, has gained traction across various industries due to its ability to produce complex and customised products more efficiently than traditional manufacturing methods.”

Annual report 2024A · The company itself

“In 2024, waste performance improved on the back of our structured operational improvement program - Elovation.”

Annual report 2024A · The company itself

“Our Operating Results Depend in Part on Continued Successful Research, Development and Marketing of New and/or Improved Products and Services, and There Can Be No Assurance That We Will Continue to Successfully Introduce New Products and Services The success of new and improved products and services depends on their initial and continued acceptance by our customers. Our businesses are affected by varying degrees of technological change, such as, among others, artificial intelligences and machine learning, and corresponding shifts in customer demand, which result in unpredictable product transitions, shortened life cycles and increased importance of being first to market with new products and services. We may experience difficulties or delays in the research, development, production and/or marketing of new products and services which may negatively impact our operating results and prevent us from recouping or realizing a return on the investments required to continue to bring new products and services to market.”

Annual report 2025A · The company itself

“("Emerson", "we", "us", "our" or the "Company”) is a global technology and software company that provides innovative solutions for customers in a wide range of end markets around the world. Through its leading automation portfolio, Emerson helps process, hybrid and discrete manufacturers optimize operations, protect personnel, reduce emissions and achieve their sustainability goals.”

Annual report 2025A · The company itself

“Discrete Automation The Discrete Automation segment includes solenoid valves, pneumatic valves, valve position indicators, pneumatic cylinders and actuators, air preparation equipment, pressure and temperature switches, electric linear motion solutions, programmable automation control systems and software, electrical distribution equipment, and materials joining solutions used primarily in discrete industries. Products within our Discrete Automation segment are marketed under a variety of brands including: Afag, Appleton, ASCO, Aventics, Branson, Movicon, PACSystems, SolaHD, TESCOM, and TopWorx.”

Annual report 2025A · The company itself

“The Control Systems & Software segment provides control systems and software that control plant processes by collecting and analyzing information from measurement devices in the plant. These technologies determine optimal settings with software based on a customer's specific algorithms and use that information to adjust valves, pumps, motors, drives and other control hardware for maximum product quality, process efficiency, sustainability and safety.”

Annual report 2025A · The company itself

“In 2024, we doubled manufacturing volume, albeit from a modest base, through process improvements andsimplification.Inearly2025,wetransitioned to a 24/7 shift structure, ensuring continuous production. Additional gains in stacking and production yield are expected to further boost output.”

Annual report 2024A · The company itself

“EOG is also focused on innovation and cost-effective utilization of advanced technology associated with three-dimensional seismic and microseismic data, the development of reservoir simulation models and the use of improved drilling equipment and completion technologies for horizontal drilling and formation evaluation. These advanced technologies are used, as appropriate, throughout EOG to reduce the risks and costs associated with all aspects of oil and gas exploration, development and exploitation.”

Annual report 2025A · The company itself

“Teknikutvecklingen gör att nya vindkraftverk är mer effektiva, bland annat tack vare högre torn och längre rotorblad. I Sverige har den genomsnittliga installerade kapaciteten per verk ökat med drygt 0,5–0,6 MW per år de senaste åren, vilket i sig har möjliggjort vindkraftverk med allt större installerad effekt.”

Annual report 2024A · The company itself

“Sektorindelning av portföljen, baserad på investerad andel i procent Europe & North America EQT Playbook Sektorer och sub-sektorer År 2024 tillkännagav EQT förvärvet av Avetta, en global ledare inom Supply Chain Risk Management, och påbörjade positioneringen av bolaget inför dess nästa tillväxtfas. Avettas innovativa SaaS-plattform hjälper kunder att hantera komplexa risker i leverantörskedjan, inklusive risker kopplade till hälsa, säkerhet och hållbarhet.”

Annual report 2024A · The company itself

“#01 Detta är EQT #02 Finansiella rapporter #03 Hållbarhetsnoter #04 Bolagsstyrning #05 Ytterligare information Hälsovård — MedTech — Life Science-verktyg och diagnostik — Läkemedel och relaterade tjänster — Hälsovårds-IT Tjänster — Outsourcing av kritiska tjänster — Nätverkstjänster — Tekniktjänster Teknologi — Mjukvara — Konsumentinriktade internettjänster — Digitala medier och underhållning Industriell teknologi — Automatisering och Internet of Things — Hållbarhetsteknik — Livsmedelsteknik 41% 31% 5% 23% 2% 27% 16% 15% 8% 32% Klimat & Natur Hälsa & Välmående Tillgång & Jämlikhet Motståndskraft & Transparens Vår uppkopplade värld Modularisering av teknologi Distribuerat ägande & Decentralisering Hälsovård Teknologi Tjänster Industriell teknologi Tjänster Tekniska tjänster Teknologi Hälsovård Industriell teknologi Annat – EQT Private Capital EQT:s affärssegment Private Capital investerar utifrån en tematisk investeringsstrategi kombinerad med djup sektorexpertis, med fokus på ledande icke-cykliska bolag.”

Annual report 2024A · The company itself

“BUSINESS OVERVIEW Equifax Inc. is a global data, analytics and technology company. We provide information solutions for businesses, governments and consumers, and we provide human resources business process automation and outsourcing services for employers.”

Annual report 2025A · The company itself

“Vi strävar också efter innovation inom marknadsföring, affärsmodeller, teknik och processer.”

Annual report 2024A · The company itself

“Operativ effektivitet genom flexibilitet och ständiga förbättringar. Vi adresserar operativ effektivitet i hela vår verksamhet, från forskning och utveckling, marknadsföring och försäljning till Essitys heltäckande kundcentrerade leverantörskedja. Det inkluderar även planeringen av efterfrågan, inköp, teknologi, tillverkning och produktleveranser. Vi uppnår exceptionell effektivitet och service i världsklass genom digitalisering, med ett ständigt fokus på förbättringar, kostnadsbesparingar och hållbarhet.”

Annual report 2024A · The company itself

“Essitys produktionsanläggningar övervakar mer än 50 miljoner datapunkter varje timme, och genom att bearbeta informationen optimerar vi material- och energiförbrukningen för att minska utsläppen av växthusgaser och avfall. I kritiska produktionslinjer övergick vi till 100 % automatiserade produktinspektioner. Inom underhållsområdet använder vi AI för att förhindra oplanerade driftstopp orsakade av mekaniska fel, vilket medfört kostnadsbesparingar.”

Annual report 2024A · The company itself

“Jatkoimme kasvustrategiamme toteuttamista yritysostoin hankkimalla vuoden aikana kaksi yhtiötä: tammikuussa liikenteen sähköistymiseen ja moottoriteknologian kehittämiseen keskittyvän saksalaisen tuotekehitysyhtiö Novacon Powertrain GmbH:n sekä syyskuussa automaation kokonaisratkaisuja tarjoavan ruotsalaisen Eltech Automation i Lund AB:n.”

Annual report 2025A · The company itself

“Our F5 NGINX family also delivers essential application delivery and security services but is optimized for modern, container-native and microservices-based applications and APIs. Our F5 Distributed Cloud Services is a portfolio of SaaS and managed services designed for both traditional and modern applications where a SaaS deployment model is preferred.”

Annual report 2025A · The company itself

“Built from the F5 NGINX open-source software that powers hundreds of millions of websites and applications across the world, our F5 NGINX technology suite delivers a lightweight, agile ADC and API connectivity solution 5 Table of Contents for modern, container-native, micro-services-based applications and APIs. F5 NGINX delivers a range of capabilities including web server, load balancer, proxy, API gateways and caches in packaged software subscription consumption models.”

Annual report 2025A · The company itself

“For these reasons, the initiative began to gain significant traction in 2011, and we finished 2025 with approximately 124,000 FASTVend devices in the field. We believe industrial vending has proven its effectiveness in strengthening our relationships with customers, and helped to streamline the supply chain where it has been utilized. We also believe there remains considerable room to grow our current installed base of devices before it begins to approach the number of units we believe the market can support. We estimate the market could support as many as 1.7 million vending units and, as a result, we anticipate continued growth in installed devices over time.”

Annual report 2025A · The company itself

“We currently operate 12 of our North American distribution centers with automated storage and retrieval systems (ASRS). These distribution centers operate with greater speed and efficiency, and currently handle approximately 96% of our picking activity. We expect to invest in additional automation technologies, expand existing distribution facilities, and/or add new distribution centers over time as our scale and the number of our selling locations increases.”

Annual report 2025A · The company itself

“Each Site may incorporate one or more service models, including Fastenal Managed Inventory (FMI) programs (FASTStock, FASTBin, FASTVend), integrated supply programs, eBusiness capabilities, and advanced manufacturing services. These models are designed to improve product availability, automate replenishment, and reduce procurement costs for customers.”

Annual report 2025A · The company itself

“Advancements in technology, such as advanced safety systems; automated package sorting, handling, and delivery; autonomous delivery; third-party supply chain insight and management; AI; vehicle platooning; alternative fuel vehicles; and digitization of freight services, may necessitate that we increase investments in order to remain competitive, and our customers may not be willing to accept higher rates to cover the cost of these investments.”

Annual report 2026A · The company itself

“We are shifting from a collection of separate but powerful operations to one integrated, flexible, efficient, and intelligent network that delivers better service, runs on a modern technology stack and has a structurally lower cost to serve. We continue to evolve to improve our operational efficiency, enhance profitability, and build a simplified experience to better serve our customers. In connection with our one FedEx consolidation plan, on June 1, 2024, FedEx Ground Package System, Inc. (“FedEx Ground”) and FedEx Corporate Services, Inc. were merged into Federal Express Corporation (“Federal Express”), becoming a single company operating a unified, fully integrated air-ground express network under the respected FedEx brand.”

Annual report 2026A · The company itself

“In 2026, we continued our network transformation. Through Network 2.0, we continue to transform our surface network in the U.S. and Canada by modernizing and consolidating our sortation facilities and equipment, reducing pickup-and-delivery routes, and optimizing our enterprise linehaul network by moving beyond discrete collaboration to an end-to-end optimized network. Network 2.0 has been fully implemented in Canada and we expect to complete the U.S. implementation by the end of calendar year 2027.”

Annual report 2026A · The company itself

“We continued our ongoing pilot program with Aurora Innovation, Inc. (“Aurora”) and PACCAR Inc. (“PACCAR”) to test Aurora’s autonomous driving technology in PACCAR autonomous vehicle platform-equipped trucks within FedEx linehaul operations.”

Annual report 2026A · The company itself

“We are also testing autonomous, driverless technologies in the handling of large, non-conveyable packages, as well as robotic product sortation systems to sort small packages. Express U.S.”

Annual report 2026A · The company itself

“Network 2.0 is our multi-year effort to improve the efficiency with which Federal Express picks up, transports, and delivers packages in the United States and Canada.”

Annual report 2026A · The company itself

“Our current competitors or potential future competitors could offer a broader range of services or better service levels, more effectively bundle their services, offer services at lower prices, or take greater advantage of emerging technologies such as AI and autonomous transportation.”

Annual report 2026A · The company itself

“AI and other emerging technologies, including autonomous transportation, have the potential to alter the delivery of services and business operations across our industry.”

Annual report 2026A · The company itself

“Näistä haasteista huolimatta keskityimme määrätietoisesti niihin tekijöihin, joihin voimme itse vaikuttaa: kustannusten hallintaan, verkoston ja kapasiteetin jatkuvaan optimointiin sekä myynnin ja lisäpalveluiden kehittämiseen.”

Annual report 2025A · The company itself

“Målet er at FirstFarms, i Plavecky, skal drive en af Europas mest effektive mælkeproduktioner.”

Annual report 2025A · The company itself

“Nye teknologier og ”know-how” I produktionen benytter vi de nyeste teknologier og know-how for at forbedre driftsresultater, sikre effektiv udnyttelse af ressourcer og høj kvalitet af vores produkter.”

Annual report 2025A · The company itself

“STRATEGY Flex’s strategy is centered upon enhancing our core manufacturing, supply chain, and lifecycle capabilities, including proprietary products and enabling technologies, while actively managing our portfolio to align our businesses with distinct customer requirements, operating models, and end markets. We actively invest in areas that strengthen our competitive positioning, whether through advanced product lifecycle capabilities, cutting-edge manufacturing and product technologies, or innovative processes and business methods.”

Annual report 2026A · The company itself

“We continue to advance our expertise in factory automation, robotics, artificial intelligence, vertical integration, simulation, digital twins, and power technologies, reflecting the increasing demands of both advanced manufacturing and digital infrastructure customers.”

Annual report 2026A · The company itself

“The decrease was primarily driven by the continued transformation journey, which included rightsizing of our corporate headquarters.”

Annual report 2025A · The company itself

“As we expand our business priorities to include autonomous vehicle technologies and broader mobility products and services, our financial exposure has increased. Similarly, federal and state regulatory requirements are growing as lawmakers and regulators adapt to advancements in automation, ranging from driver-assistance technologies such as automatic braking to fully autonomous vehicles.”

Annual report 2025A · The company itself

“We continue to increase the number of BlueCruise (our hands-free highway driving system) enabled vehicles on the road and its growth and expansion remains an important part of our strategy.”

Annual report 2025A · The company itself

“As a result of our geographic and industry diversity, we face a variety of opportunities and challenges, including technological development in most of the markets we serve, the expansion and evolution of opportunities in growing markets, trends and costs associated with a global labor force, trade policies, and consolidation of our competitors.”

Annual report 2025A · The company itself

“We have developed strategies and initiatives anchored in our core values to prioritize attracting and retaining top talent, promoting an inclusive workplace, driving good decision-making and igniting innovation, all of which we believe are important to our long-term success.”

Annual report 2025A · The company itself

“Conversion of Bagdad’s haul truck fleet to autonomous haulage was completed in 2025, making Bagdad the first major mine in the U.S. to operate a fully autonomous haulage fleet.”

Annual report 2025A · The company itself

“indførelse af ny produkt- og produktionsteknologi”

Annual report 2025A · The company itself

“For at mindske emissioner fra de varegrupper, der udgør de største indvirkninger, arbejder Gabriel med følgende indsatsområder: • Konvertering til materialer med lavere klimaaftryk: Øge brugen af genanvendte og lavemissionsmaterialer. • Procesoptimering og reduktion af materialeforbrug: Minimere materialeforbruget gennem optimering af processer i Gabriel. Indførelse af ny produkt- og produktionsteknologi. • Samarbejde med leverandører: Stille krav om, at leve randører, der bidrager eller forventes at bidrage til væsent lige drivhusgasemissioner, anvender vedvarende energi i deres produktion, og indgå i dialog om konkrete reduktionsmål for drivhusgasemissioner. • Reduktion af spild og affald.”

Annual report 2025A · The company itself

“We enter into long-term service agreements with many of our customers in connection with significant contracts for the sale of products. Profitability under these agreements, particularly in Gas Power, depends on our ability to execute and estimates of product durability and reliability, our costs to deliver products and services over time, and the availability of cost-reducing materials, technology, and skilled technicians.”

Annual report 2025A · The company itself

“We operate in industries where technology and customer needs evolve rapidly, and our growth and business depend on developing and bringing to market new products, solutions, and services. The commercial success of technologies such as small modular or other advanced nuclear power, hydrogen-based power generation, carbon capture and sequestration, and grid-scale batteries or other storage solutions depends on factors including the pace of innovation; development costs; capital resource availability; the intensity of competition; our customers’ ability to obtain and maintain required permits or certifications; the effectiveness of our production, distribution, and marketing, including our ability to successfully deploy technologies intended to costeffectively enhance our production, such as robotics and automation, and integration of AI; the availability of raw materials and components; our supply chain; the economics for customers to deploy and support these technologies; overall market demand and acceptance; and the timing of market entry.”

Annual report 2025A · The company itself

“In recent years, we have added manufacturing capacity through significant investments in automation, including alternator production, engine assembly, robotic lasers & welding, sheet metal fabrication, and other assembly line automation. We have also increased capacity by starting up new manufacturing facilities and adding on to existing locations, helping to expand our manufacturing footprint and meet increased demand for our products around the world.”

Annual report 2025A · The company itself

“We also continue to develop other energy technology products, including mobile battery-powered light towers and hybrid mobile solutions that pair a battery with a diesel engine to reduce emissions and noise pollution.”

Annual report 2025A · The company itself

“Combat Systems creates long-term value through operational excellence — high-quality, on-schedule and on-budget performance — combined with investments in innovative technologies that modernize existing platforms and develop next-generation capabilities to meet our customers’ rapidly evolving requirements. We maintain our market-leading position by focusing on innovation, affordability and speed to market to deliver increased survivability, mobility and lethality on the battlefield.”

Annual report 2025A · The company itself

“We continue to invest in ICE vehicles alongside our EVs and plan to introduce new battery chemistries and form factors that will deliver the EV range and performance our customers desire, with even lower pack costs and improved profitability.”

Annual report 2025A · The company itself

“The potential for faecal calprotectin is continuously growing due to both increased demand as well as the adoption of faecal testing in automated routine laboratories, gaining market share from manual or semi-automated procedures. fCAL ® turbo sales grew by 42% in 2024 to NOK 61.3 million, becoming the highest selling product in our portfolio.”

Annual report 2024A · The company itself

“In the industrial distribution industry, growth is supported by increased manufacturing activity across our diverse end markets, shifts in global supply chains, rising demand for automation and robotics, and an aging technical workforce.”

Annual report 2025A · The company itself

“Consolidation among our competitors could further enhance their financial position, provide them with the ability to offer more competitive prices to customers for whom we compete, take advantage of acquisitions and other opportunities more readily, rapidly scale and invest in their businesses, more successfully utilize developing technology, including data analytics, artificial intelligence, and machine learning, and allow them to achieve increased efficiencies in their consolidated operations that enable them to more effectively compete for customers.”

Annual report 2025A · The company itself

“Additionally, in undertaking the transformation plan for our business, we have integrated our strategic initiatives into a cohesive business model which balances competing priorities. If we are unable to continue to implement these strategic initiatives, such as our technology, supply chain and sales effectiveness initiatives, efficiently and effectively, or if these strategic initiatives are unsuccessful, our business, financial condition, results of operations and cash flows could be adversely affected. To facilitate this transformation plan, we are continuing to make substantial investments, recruit new talent, and optimize our business model, management system, and organization.”

Annual report 2025A · The company itself

“En stadig større andel av skadebehandlingen foregår automatisk, ved hjelp av algoritmer bygget inn i vårt kjernesystem. Dette er mulig takket være et langsiktig arbeid med forenkling og strukturering av skademeldinger, som gjør det mulig for kundene å registrere skader digitalt, enten med mobiltelefon eller PC. Automatisert skadebehandling gjør at kundene får raskere svar på sine skadesaker, og vår erfaring er at oppgjørene dermed blir nøyaktige og riktige.”

Annual report 2024A · The company itself

“Så langt det er mulig skal vi også bidra til redusert ressursbruk. I dette arbeidet innfører vi stadig mer automatisering og standardisering, slik at vi kan oppdatere priser raskere, og vurdere risiko bedre enn tidligere.”

Annual report 2024A · The company itself

“Intangible resources Glaston is the glass processing industry’s innovative technology leader and the company’s position is particularly strong as a developer of the most technologically demanding products. To remain at the forefront of the development of glass processing equipment and services, Glaston invests significantly in the continuous development of its technology portfolio and its research and development activities.”

Annual report 2025A · The company itself

“The new automatic trimming system, Autotrim, helps increase capacity and reduce manual labor in the laminating process by automating a typically manual step.”

Annual report 2025A · The company itself

“Further, the MUNTIN'MASTER, an automatic muntin positioning station for TPS ® insulating glass units, represents an important step towards fully automated production.”

Annual report 2025A · The company itself

“The payments technology industry in which we compete is characterized by rapid technological change, new product introductions, evolving industry standards and changing customer needs. In order to remain competitive, we are continually involved in a number of projects, including the development of new platforms, products, mobile payment applications, ecommerce services and other new offerings emerging in the payments technology industry.”

Annual report 2025A · The company itself

“In 2025 these efforts were accelerated, and all major products now can be supplied from multiple countries.”

Annual report 2025A · The company itself

“To ensure GN’s operational resilience, a manufacturing and supply chain diversification strategy is being executed. As part of this strategy, we are preparing regional operations across all three regions and divisions to enable faster, market‑tailored execution.”

Annual report 2025A · The company itself

“Our customers increasingly need solutions that simplify how they establish, operate and grow their businesses. They want intelligent solutions that reduce manual effort, eliminate complexity, help them move from intent to outcome more efficiently across the Entrepreneur's Wheel and proactively execute tasks that meet their needs. With Airo, our customers can utilize agents that are designed to handle these fundamental jobs to be done, including domain searches and naming, logo creation and building websites and applications. •Technology that is easy-to-use, reliable, secure, efficient, performance enhancing and evolves with their needs.”

Annual report 2025A · The company itself

“Growth is driven by demand for greener production, lower unit cost, safeguard workplaces and production efficiencies. The Group is experiencing strong demand for its expertise as available technology and increased insight into operational data enables competitive Nordic production.”

Annual report 2024A · The company itself

“Goodtech has restructured its business model to specialize as a leading systems integrator and expert in digital transformation project management, providing comprehensive support throughout the customer lifecycle, including aftermarket services. This strategic shift positions Goodtech to capitalize on the growing market trend toward the automation of production processes and the advanced real-time data analysis facilitated by AI and machine learning.”

Annual report 2024A · The company itself

“We believe that system-independent integrators will play an increasingly vital role in advancing the industry towards Industry 4.0 - and eventually Industry 5.0.”

Annual report 2024A · The company itself

“The growth in EBIT is attributed to improvement initiatives and strategic repositioning undertaken from 2021 to 2024. The company has focused on streamlining internal processes, automation, standardization, service & aftermarket operations, and cross-regional collaboration.”

Annual report 2024A · The company itself

“Annual Report 2024 21 Statement from Board of Directors and CEO Goodtech is one of the leading specialists in control systems, digitalization, and production optimization for the manufacturing industry. With around 300 skilled engineers and specialists across 12 offices in Norway and Sweden, the company plays an active role in modernizing, streamlining, and - most importantly - driving the critical digital transformation currently taking place in Nordic industry.”

Annual report 2024A · The company itself

“// GROUP OPERATIONS Annual Report 2024 23 Projects and Frame Agreements Throughout 2024, Goodtech has driven several milestone projects in automation, robotics, digitalization, and electrification in Norway and Sweden, enabling profitable production in the Nordic region.”

Annual report 2024A · The company itself

“Industry, Innovation and Infrastructure: Goodtech’s projects often involve automation, robotics, digitalization, and/or electrification of industry and infrastructure through innovation.”

Annual report 2024A · The company itself

“Lönsamhetsförbättring För att förbättra och effektivisera verksamheten använder Green Landscaping Group det interna styrsystemet Lean. Systemet bygger på fyra hörnstenar; planering, daglig styrning, ständiga förbättringar samt löpande uppföljning.”

Annual report 2024A · The company itself

“Investments in sensors and new software improve safety and operational efficiency while enhancing overall service satisfaction.”

Annual report 2025A · The company itself

“Som en del av detta åtagande kombinerar Gränges traditionella verksamhetsförbättringar med avancerade tekniska lösningar. Vår tyngdpunkt ligger på datadrivet beslutsfattande, samt på att förbättra säkerhet, produktivitet, flexibilitet och kvalitet genom automatisering av rutinmässiga processkontroller.”

Annual report 2024A · The company itself

“Importantly, having our own CRO unit signifiprograms in more therapeutic areas than ever before. Its rapid design-build-test cycle reinforces our fundamental belief: innovation in therapeutics increasingly depends on innovation in technology.”

Annual report 2025A · The company itself

“Technology as our engine Technology remains at the heart of Gubra. With our proprietary AI-driven StreaMLine platform and advanced 3D imaging and automation capabilities, we have created an integrated engine that accelerates therapeutic discovery across disease areas.”

Annual report 2025A · The company itself

“With the new facilities, Gubra will increase its total laboratory and office space by 70% to nearly 10,000 m². This expansion is a key enabler of our ambitious long-term growth strategy, allowing us to double our internal discovery output, accelerate the generation of more drug development candidates, and continue scaling our CRO business.”

Annual report 2025A · The company itself

“In vitro multi-parameter optimization Comprehensive high-throughput a wet-lab screening of crude peptides, combined with explainable AI , tracks how sequence modifications affect pharmacological and physicochemical properties. By evaluating up to 4,000 peptides per month , Gubra’s automated workflows enable parallel optimization of drug properties.”

Annual report 2025A · The company itself

“Operations are built on automation, digitalization, and AI-driven processes, ensuring efficiency and reproducibility. As a preferred partner for complex preclinical studies, we offer end-to-end solutions that accelerate drug discovery and create measurable value for our clients.”

Annual report 2025A · The company itself

“2D & 3D Histology with AI Pathology State-of-the-art, automated, quantitative whole-organ 3D imaging. AI-based, clinically derived histopathology scoring designed for scale and speed.”

Annual report 2025A · The company itself

“A true differentiator in preclinical research Gubra’s proprietary 3D imaging pipeline integrates robotics and AI to process hundreds of organs in parallel, offering unmatched throughput and analytical depth.”

Annual report 2025A · The company itself

“Ytterligere automatisering og effektivisering av driften ga i 2024 positive bidrag til ARK, Gyldendals forlag og et stort antall andre bokhandlere og forlag i Norge.”

Annual report 2024A · The company itself

“Konkurrens – HANZA är starkt konkurrensutsatt på marknader för kontraktsproduktion, vilket ställer krav på tids- och kostnadseffektiv produktion och logistik. Det finns en risk att bolaget i framtiden inte kommer att kunna erbjuda tjänster och produkter som är tekniskt och prismässigt tillräckligt konkurrenskraftiga. En sådan utveckling skulle kunna riskera att negativt påverka bolagets verksamhet, finansiella ställning och resultat.”

Annual report 2024A · The company itself

“Därför arbetar vi intensivt inom några viktiga områden: Digitalisering och Industri 4.0 Vi investerar kontinuerligt i automation, IoT och AI för att skapa mer effektiva produktionsprocesser och optimera leveranskedjor.”

Annual report 2024A · The company itself

“I juni invigde HANZA en expansion av tunnplåtsfabriken i Tartu, Estland om 3 700 kvm. Den nya lokalen är sammanbyggd med HANZAs monteringshall genom ett automatiserat transportsystem och ökar både den operationella effektiviteten och kapaciteten.”

Annual report 2024A · The company itself

“2024 levererades 51 miljoner enheter utifrån kunders specifikation.”

Annual report 2024A · The company itself

“Fundament til fremtidig vækst Som led i vores strategi har vi på de interne linjer et fortsat intensivt fokus på at effektivisere og optimere i alle dele af supply chain. Vores investering i den nye produktionslinje i Skælskør har været et centralt element i dette arbejde, og projektet har trukket betydelige ressourcer – både finansielt og fra vores dygtige medarbejdere.”

Annual report 2026A · The company itself

“Det nye produktionsanlæg er installeret på vores tyske produktionsenhed og blev sat i drift og indkøring i den sidste del af regnskabsåret. Et tilsvarende anlæg blev i 2024/25 etableret på koncernens produktionsanlæg i Skælskør, og de to nye anlæg vil sammen bidrage til en mere effektiv produktion af drikkevarer på PET-flasker, herunder særligt sodavand, som er en fortsat voksende kategori inden for drikkevarer.”

Annual report 2026A · The company itself

“In addition, technological advancements and innovation are occurring in distribution, underwriting, claims and operations at a rapid pace that may continue to accelerate. Insurers are using or may begin using certain emerging technologies, such as machine learning, predictive analytics, "big data" analysis or other artificial intelligence functions to, among other things, improve pricing accuracy, be more targeted in marketing, strengthen customer relationships and provide more customized loss prevention services.”

Annual report 2025A · The company itself

“The risks we insure are also affected by the increased use of technology in homes and businesses, including technology used in heating, ventilation, air conditioning and security systems and the introduction of more automated loss control measures.”

Annual report 2025A · The company itself

“Increased use of advanced analytics (e.g., artificial intelligence) and automation in the workplace could potentially affect the demand for workers' compensation and employee benefits products over time.”

Annual report 2025A · The company itself

“Our business may be disrupted by failures to effectively maintain or update existing technologies, implement new technology, automate business processes or use emerging technologies (e.g. artificial intelligence).”

Annual report 2025A · The company itself

“Modernized IT systems were rolled out especially in the U.S. operations during the year, already delivering results in the form of improved demand and capacity forecasting, proactive inventory management, and a more ecient and transparent production environment.”

Annual report 2025A · The company itself

“Upholding the continuous improvement of the company’s production processes and operations as a whole is highly important from both efficiency and sustainability point of view.”

Annual report 2025A · The company itself

“Over the years, Harvia has increased automation in its manufacturing facilities and developed its own equipment and ways of working to optimize material use and to reduce waste. - Extending product lifecycle.”

Annual report 2025A · The company itself

“If we do not have in place appropriate systems and technology, or do not obtain sufficient data, analytics and insights, we may not be able to adequately predict demand for our products. If we fail to accurately forecast demand, we may experience excess inventory levels or a shortage of product to deliver to our customers.”

Annual report 2025A · The company itself

“We are midway through a transformation. Over the past several years our initiatives have focused on: •Reinvigorating licensing by expanding into new partnerships across toys, gaming and experiences and by strengthening existing partnerships with key partners, including the extension of our agreement with The Walt Disney Company. •Accelerating digital initiatives and digitally-orientated partnerships. •Right-sizing our organizational structure. •Reducing complexity across the business, including significantly reducing SKU count, reducing owned inventory levels and reducing the cost structure. •Divestiture of the non-core film and TV business of eOne (as defined below) which returned “play” to the center of our mission and investment priorities, ultimately reducing content spend by over 90%. We are continuing to transform the business by upgrading our systems and talent with an emphasis on: •Rapid adoption of AI, including launching new enabled services and digital solutions to innovate, improve operational efficiency, and go to market digitally.”

Annual report 2025A · The company itself

“Brist på arbetskraft Den ökande efterfrågan på högre produktivitet och kvalitet, i kombination med demografiska förändringar, driver på användningen av automations- och robotteknik.”

Annual report 2024A · The company itself

“8 Innehåll Inledning Strategi Divisioner HållbarhetBolagsstyrning RegelefterlevnadFörvaltningsberättelse Finansiell information Övrig information Hexagons års- och hållbarhetsredovisning 2024 2 Medarbetare Verksamhetsländer 50+ Kassagenereringsförmåga 91% Rörelsemarginal, EBIT1 30% EUR intäkter 5,4 mdr Hexagon i siffror 2024 Hexagon stärker sina kunder i deras arbete med att lösa världens viktigaste utmaningar Manufacturing Intelligence, 36% Asset Lifecycle Intelligence, 15% Geosystems, 29% Autonomous Solutions, 10% Safety, Infrastructure & Geospatial, 9% Intäkter per division Intäkter per geografi Genom att sätta data i arbete förbättrar Hexagon effektivitet, produktivitet, kvalitet och säkerhet inom olika tillämpningar, inklusive industriell tillverkning, infrastrukturutveckling, offentlig förvaltning och mobilitetslösningar.”

Annual report 2024A · The company itself

“De verkar antingen nära kunder och marknader inom våra divisioner eller i vårt innovationscenter där de driver utvecklingen inom sensorteknik, robotik och artificiell intelligens.”

Annual report 2024A · The company itself

“Hexagon kommer att behålla sitt fokus på robotsensorer och mjukvara, digitala 3D-miljöer och AI-förbättrad analys för att fortsätta hjälpa kunderna att stadigt gå mot mer autonoma lösningar, inom slutmarknaderna för diskret tillverkning, byggnation, gruvdrift och jordbruk.”

Annual report 2024A · The company itself

“Hexagons lösningar möjliggör precisions mätning av fysiska objekt och dessa data kan utnyttjas för att driva ökad autonomi inom olika industrier.”

Annual report 2024A · The company itself

“Tillverkningen sker i våra egna fabriker och hos underleverantörer.”

Annual report 2024A · The company itself

“Vi konstruerar och tillverkar dynamiska kablar för komplexa projekt, ofta i undervattensmiljö, samt sensorsystem till industrin.”

Annual report 2024A · The company itself

“Maskinparken förnyas kontinuerligt och är i hög grad automatiserad.”

Annual report 2024A · The company itself

“Automaatio, robotisaatio, digitalisaatio ja etäpalvelut vähentävät fyysisen läsnäolon tarvetta tai poistavat sen.”

Annual report 2025A · The company itself

“Tarkoituksena on varmistaa, että markkinoiden tarpeiden mukaisesti uudet kehitteillä olevat tuotteet noudattavat korkeimpia laatu- ja innovaatiostandardeja. • Hiab toi markkinoille uuden autonomisen kuljettajan tukijärjestelmän Multilift - vaihtolavalaitteilleen. Monimutkaisia liikkeitä automatisoiva L2.7 Driver Support avustaa kuljettajaa kontin tai vaihtolavan nostossa tai laskussa.”

Annual report 2025A · The company itself

“• MOFFETT M8 NX2 -ajoneuvotrukin lanseeraus EU-markkinoille kolmannella vuosineljänneksellä. Laite lanseerattiin vuoden 2024 alkupuolella Yhdysvaltain markkinoille. MOFFETT M8 NX2:n käytettävyys on erinomainen, ja sen nostokapasiteetti on jopa vaikuttavat 3 500 kiloa.”

Annual report 2025A · The company itself

“HKFoods päätti siirtää Paimion Teurastamo Oy:n toiminnot ulkoiselle palveluntuottajalle Liha Hietanen Oy:lle Sastamalaan 31.3.2025 alkaen, minkä jälkeen Paimiossa sijaitsevan tuotantoyksikön toiminta päättyi. Paimion yksikössä teurastettiin nautoja ja emakoita. Päätöksen taustalla oli HKFoodsin tavoite rakentaa entistä vahvempaa pohjaa liiketoimintansa tulevaisuuden kilpailukyvylle ja parantaa kannattavuuttaan toiminnan tehostamisen myötä.”

Annual report 2025A · The company itself

“Ny teknik, automatisering och robotisering Ny teknik möjliggör mer effektiv analys och riskhantering av portföljer. Med hjälp av AI och automatisering kan stora datamängder analyseras snabbt och effektivt, och mönster som tidigare inte kunde identifieras kan leda till insikter som hjälper till att värdera risker, samtidigt som kostnader minskas.”

Annual report 2024A · The company itself

“We also provide tool and equipment rentals at many locations, providing value and convenience for both Pros and consumers.”

Annual report 2026A · The company itself

“Our Honeywell business will be a leading global, pure-play automation company, delivering productivity enhancing mission-critical solutions that enable optimized outcomes for customers.”

Annual report 2025A · The company itself

“Cash Provided by (Used in) Investing Activities •Capital expenditures were $311 million and $256 million in fiscal 2025 and 2024, respectively. Significant projects ongoing during fiscal 2025 and fiscal 2024 were for capacity expansions in Barron, Wisconsin and at the Jiaxing, China facility. Additional projects during fiscal 2025 included manufacturing equipment upgrades in Willmar, Minnesota and investments in data and technology.”

Annual report 2025A · The company itself

“Advancements in, and increased adoption of, artificial intelligence (AI), machine learning, automation, and other advanced technologies may result in a long-term competitive disadvantage. Although, we continuously evaluate and utilize technologies that are appropriate for our business, there can be no assurance that such technologies will result in improved operational efficiencies, cost reductions, or other anticipated benefits.”

Annual report 2025A · The company itself

“Most significant operational risks To mitigate the risk of its’ technology and machinery becoming obsolete, inefficient or unfit for serving customer demand, the Group continuously monitors and anticipates long-term needs and invests in new technology.”

Annual report 2025A · The company itself

“we aim to become a digital front-runner, offering personalised products and innovative services”

Annual report 2025A · The company itself

“Operational efficiency is key to delivering a competitive product to our customers. We continuously look for opportunities to reduce voyage costs and maintain a lean operating model across all areas — from optimizing our global trade network to streamlining internal processes.”

Annual report 2024A · The company itself

“Our success is heavily dependent on our continued differentiated product and service innovation We believe our future success significantly depends on our ability to continue, on a cost-effective and timely basis, to enhance our existing differentiated product and service offerings, to continue to incorporate AI, machine learning and automation into our products and services and associated business processes and to develop and introduce new and innovative differentiated products and services. As a result, we invest substantial funds and efforts into research and development, investigating new products and technologies being developed by third parties, and obtaining certain such new products and technologies through licenses or acquisitions.”

Annual report 2025A · The company itself

“Panostamme henkilöstön jatkuvaan kehittymiseen ja kannustamme kokeilukulttuuriin, joka vahvistaa oppimista ja uudistumista.”

Annual report 2025A · The company itself

“Digitalisering, automatisering och hållbarhet är underliggande drivkrafter som påverkar tillväxten inom de marknader där Image Systems verkar.”

Annual report 2024A · The company itself

“While working to increase our own manufacturing capacity through our Swiss bioplant site, we expect to continue to rely on third parties for the manufacture of clinical and commercial supplies of raw materials, API and finished drug product for any drugs that we successfully develop.”

Annual report 2025A · The company itself

“SDT är ett specialiserat teknikhandelsbolag inom kundanpassade produkter för motion control och mjukvara för automationsstyrning. Bolaget representerar ledande leverantörer och har en omfattande produktportfölj, som bland annat inkluderar servomotorer, servodrifter, växellådor och tillhörande mjukvarulösningar.”

Annual report 2024A · The company itself

“Hemomatik är ett ledande teknikhandelsbolag specialiserat på givare för automation, styrning, mätning och positionering. Bolaget erbjuder ett brett sortiment av olika typer av givare som även kan anpassas efter kundernas specifika behov samt egenutvecklade givare.”

Annual report 2024A · The company itself

“SDT är ett specialiserat teknikhandelsbolag inom kundanpassade produkter för motion control och mjukvara för automationsstyrning.”

Annual report 2024A · The company itself

“Technology & Systems Solutions Den 11 mars förvärvades Hemomatik AB, Sverige, med en årsomsättning om 65 mkr. Hemomatik är ett teknikhandelsbolag specialiserat på givare för automation, styrning, mätning och positionering.”

Annual report 2024A · The company itself

“Den 2 februari förvärvades ATLINE ApS, Danmark, med en årsomsättning om 60 mkr. ATLINE är en utvecklings- och tillverkningspartner av robotiserad produktionsutrustning för djurfoderindustrin.”

Annual report 2024A · The company itself

“Our Segments Industrial Technologies and Services We design, manufacture, market and service a broad range of air and gas compression and treatment equipment, vacuum and blower products, fluid transfer equipment, loading systems, power tools and lifting equipment, and other specialized equipment including associated aftermarket parts, consumables and services. We primarily sell under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle, and over 35 other brands. Our customers deploy our products across a wide array of applications in diverse end-markets.”

Annual report 2025A · The company itself

“Automation är en avgörande komponent för att skapa hållbara och energi eektiva byggnader och industrier.”

Annual report 2024A · The company itself

“Under 2024 startade Instalco ett nytt aärsområde inom automation. Satsningen görs genom det nystartade bolaget Inmatiq enligt Instalcos väl beprövade start up-modell.”

Annual report 2024A · The company itself

“The signing of this agreement also verifies the value of our strategy of building a fleet of identical, interchangeable vessels.”

Annual report 2024A · The company itself

“Computer-generated buy/sell programs and other technological advances and regulatory changes in the marketplace may continue to tighten spreads on securities transactions.”

Annual report 2025A · The company itself

“We trace our roots to the market making business founded by our Chairman, Mr. Thomas Peterffy, on the floor of the American Stock Exchange in 1977. Since our inception, we have focused on developing proprietary software to automate broker-dealer functions. We have been a pioneer in developing and applying technology as a financial intermediary to increase liquidity and transparency in the capital markets in which we operate.”

Annual report 2025A · The company itself

“The proliferation of electronic exchanges and market centers has allowed us to integrate our software with an increasing number of trading venues, creating automatically functioning, computerized platforms that require minimal human intervention. Nearly five decades of developing our automated trading platforms and automating many middle- and back-office functions have allowed us to become one of the lowest cost providers of broker-dealer services and to significantly increase the volume of trades we handle.”

Annual report 2025A · The company itself

“Our internally-developed, fully integrated trading and risk management systems are unique and transact across all product classes. These systems have the flexibility to assimilate new trading venues and new product classes without compromising transaction speed or fault tolerance.”

Annual report 2025A · The company itself

“Through the application of our 80/20 performance system, we will execute our strategy with a sharp focus on achieving an advantaged cost position, delivering superior customer experience and capturing a high relative supply position in the right geographies, with the right customers and the right product offerings.”

Annual report 2025A · The company itself

“Vi kommer att etablera enklare, mer datadrivna operativa processer och driva teknikbaserade förbättringar för operativ effektivitet och genomförandekraft. Detta möjliggör kommersiell excellens och säkerställer att Intrums plattform drivs av marknadsledande teknik och data.”

Annual report 2024A · The company itself

“Hur bidrar Intrums globala produktutveckling till operativ excellens? – Genom att tillhandahålla skalbara AI-drivna produkter och lösningar för olika uppdragsgivares behov. Produkterna ökar effektiviteten, förenklar processer och sänker kostnader, vilket säkerställer en konsekvent servicekvalitet.”

Annual report 2024A · The company itself

“LATOUR ÅRSREDOVISNING 2024 19 affärsutveckling Sedan starten 1998 har turkiska Arkel utvecklats till ett ledande varumärke inom utveckling och tillverkning av avancerade elektroniska komponenter för hisssystem världen över. LATOUR ÅRSREDOVISNING 2024 affärsutveckling Förvärv i Turkiet Stärkt global position med turkiskt förvärv Under 2024 gjorde Latours affärsområde Innovalift ett strategiskt förvärv av Arkel, en ledande turkisk aktör inom elektronik och styrsystem för hissar.”

Annual report 2024A · The company itself

“Arkels ledande teknologi inom smarta styrsystem och fjärrövervakning är centrala delar för att kunna utveckla nästa generations hissar. Genom att integrera Arkel i sin verksamhet stärker Innovalift sitt erbjudande inom IoT-lösningar, vilket möjliggör prediktivt underhåll och ökad energieffektivitet för kunderna, en konkurrensfördel på en marknad som alltmer drivs av teknologisk innovation. – Vi tar därmed ett stort steg mot att erbjuda helhetslösningar för hissar, samtidigt som vi fortsätter vår resa mot klimatneutralitet i linje med Science-Based Targets initiative (SBTi), säger Andrea.”

Annual report 2024A · The company itself

“Strategi för lönsam expansion Utveckling av kapacitet och produktivitet i produktionsoch logistikprocesser för att möta kunders efterfrågan på ett kostnadseffektivt sätt.”

Annual report 2024A · The company itself

“Efter två år med lägre aktivitet ser Henrik goda möjligheter för att antalet stora order ska ta fart igen, drivet av investeringar i ny utrustning men även i helt nya anläggningar, vilket inte varit vanligt de senaste åren. Oavsett vad behöver kunderna fortsätta anpassa sitt erbjudande till en marknad där slutkundernas krav på snabbhet och precision i leveranserna fortsätter att öka. – Automation blir därför allt viktigare, att helt enkelt kunna minimera riskerna för fel.”

Annual report 2024A · The company itself

“Additionally, our acquisition of ResiBuilt (as defined below), a leading fee homebuilder specializing in single-family rental communities, represents a natural extension of our vertically integrated platform, adding home building capabilities that enable us to develop single-family rental homes and communities internally across high-growth markets. By bringing land development and construction expertise in-house, we gain greater operational control, enhance cost efficiency, and strengthen our ability to execute on growth opportunities in strategically important markets, leveraging local market knowledge and relationships. This development capacity complements our integrated approach to investment and asset management.”

Annual report 2025A · The company itself

“In the summer of 2023, ISS launched the Finance Shared Service Centre (FSC) in Gdańsk, Poland, to consolidate transactional finance activities under a shared service model. The FSC transition is one of the eight strategic initiatives, supporting the efficiency priority by centralising transactional finance processes in centres of excellence to drive added quality, process effectiveness and cost efficiency. Since the initial transition of the Purchase-to-Pay (PtP) process for ISS UK&I, additional core finance processes – including PtP, Order-to-Cash (OtC) and Record-to-Report (RtR) – were subsequently transitioned from European country organisations.”

Annual report 2025A · The company itself

“ITAB förenar sömlöst det fysiska med det digitala i syfte att förbättra konsumentupplevelsen i butik genom att erbjuda den allra senaste portföljen av digitala och fysiska tekniklösningar. Vårt erbjudande omfattar allt från självbetjäningsdiskar och självutcheckningskassor till guidning i butik och grindsystem tillsammans med visuell stöldövervakning och automatiserade skåpsystem. Dessa lösningar kan sammanlänkas genom ITABs enhetliga mjukvaruplattform – OnRed.”

Annual report 2024A · The company itself

“Efterfrågan på koncernens tekniska och digitala lösningar inom stöldförebyggande åtgärder samt självutcheckningskassor och andra självbetjäningslösningar utvecklades positivt under året. Även försäljningen av skräddarsydda butiksinredningar och traditionella kassadiskar ökade.”

Annual report 2024A · The company itself

“2025 Restructuring Plan On September 24, 2024, the Company’s Board of Directors approved a restructuring plan to align our support infrastructure to further optimize organizational effectiveness. This action includes headcount reductions across our Selling, General, and Administrative (“SG&A”) and manufacturing cost base and capacity realignment (the “2025 Restructuring Plan”).”

Annual report 2025A · The company itself

“För att vara konkurrenskraftig över konjunkturcykler måste bostäderna vara attraktiva, av hög kvalitet och kostnadseffektivt producerade. Processer och verktyg för detta samlas och styrs inom strukturerad projektutveckling, JMs initiativ för industrialisering av projektutveckling.”

Annual report 2024A · The company itself

“JM har påbörjat ett initiativ för att kraftigt korta ledtiderna i hela produktionsprocessen. Härigenom minskar produktionskostnaderna då resurser utnyttjas mer effek - tivt samtidigt som en kortare genomförandetid begränsar kostnaderna för projektfinansiering.”

Annual report 2024A · The company itself

“JM har också egna hantverkare vilket innebär mer insyn och kontroll över produk - tionen, till skillnad från flera av de större konkurrenterna.”

Annual report 2024A · The company itself

“Tutkimus- ja tuotekehitysmenot vuonna 2025 olivat 54 (54) miljoonaa euroa eli 3,1 (3,1) prosenttia liikevaihdosta.”

Annual report 2025A · The company itself

“Vastatakseen näihin mahdollisuuksiin ja luodakseen lisäarvoa asiakkaille Kalmar keskittyy kolmeen strategiseen alueeseen: • Investoiminen vastuullisiin innovaatioihin hiilidioksidipäästöttömissä ja sähköisissä laitteissa, digitaalisissa ratkaisuissa ja automaatiossa • Palveluiden kasvattaminen ja jälkimarkkinoiden laajentaminen keskittyen laajan asennetun laitekantamme hyödyntämiseen, varaosien markkinaosuuden kasvattamiseen, toistuvan liiketoiminnan osuuden kasvattamiseen palvelusopimusten avulla ja asiakkaan elinkaaren 1 Science Based Targets -aloitteen mukaisesti. aikaisen arvon luomiseen älykkään palvelutarjonnan kautta • Liiketoiminnan suorituskyvyn kehittäminen kannattavuuden ja rahavirran tuottamisen parantamiseksi hankinnan ja prosessiparannuksien kautta voidakseen investoida lisää tutkimus- ja tuotekehitystyöhön, orgaaniseen kasvuun sekä voitonjakoon osakkeenomistajille.”

Annual report 2025A · The company itself

“Yhtiö toi markkinoille myös Automation as a Service -palvelun – tilauspohjaisen mallin, joka on suunniteltu varmistamaan automaation onnistunut ja tehokas käyttöönotto merikonttiterminaaleissa ja intermodaalisissa kohteissa.”

Annual report 2025A · The company itself

“Vuonna 2025, Kalmar laajensi automaatioratkaisujen tarjoomaa entisestään kehittämällä uusia ja kehittyneempiä automaatioratkaisuja. Tästä esimerkkinä on Automation as a Service -palvelu, tilauspohjaisen malli, joka on suunniteltu varmistamaan automaation onnistunut ja tehokas käyttöönotto merikonttiterminaaleissa ja intermodaalikohteissa.”

Annual report 2025A · The company itself

“De flesta av Karnells dotterbolag är verksamma inom branscher som är utsatta för konkurrens. Det finns risk att verksamheterna blir mindre konkurrenskraftiga om de inte anpassar sig efter globala trender inom deras marknader, såsom hållbarhet och automation.”

Annual report 2024A · The company itself

“From time to time we implement restructuring or strategic initiatives intended to maintain long-term sustainable growth, such as the recently announced restructuring initiative (as described in Note 20, “Subsequent Events,” to the Consolidated Financial 31 Statements included herein) that aims to optimize our operating model, transform our supply chain, reduce complexity, and drive operational efficiencies, while strengthening core capabilities.”

Annual report 2025A · The company itself

“Our manufacturers may not be able to scale their manufacturing operations to match increasing consumer demand for our brewers at competitive costs.”

Annual report 2025A · The company itself

“We invest in new and emerging technologies, including the use of automation, connected data, robotics, and artificial intelligence throughout our operations, including in our manufacturing and distribution facilities and our sales organization.”

Annual report 2025A · The company itself

“Tilikauden aikana keskityttiin myös tuotannon tehokkuuden lisäämiseen. Modulaarisuutta ja osakokoonpanoa on tehostettu yhdessä alihankkijoiden kanssa.”

Annual report 2025A · The company itself

“2024 Transformation Initiative During fiscal 2024, we announced our 2024 Transformation Initiative in order to create a more agile and focused operating model. As part of this, we launched our Powering Care business strategy to sharpen our focus on proprietary right-to-win spaces and improve our growth trajectory, profitability, and returns on investment.”

Annual report 2025A · The company itself

“Innovative use of advanced manufacturing technology will increasingly determine our competitiveness.”

Annual report 2024A · The company itself

“Manufacturing, Raw Materials and Supplies We perform system design, assembly and testing in-house and use an outsourcing strategy to manufacture components and major subassemblies. Our in-house manufacturing activities consist primarily of assembling and testing components and subassemblies acquired from third-party vendors and integrating those subassemblies into our finished products.”

Annual report 2026A · The company itself

“Nämä avaintekijät ovat asiakaskeskeisyyden syventäminen, tehokkuuden nopeuttaminen, teknologian innovaatioiden skaalaaminen, vastuullisen liiketoiminnan edistäminen ja voittamiseen tähtäävän kulttuurimme vahvistaminen.”

Annual report 2025A · The company itself

“Et høydepunkt i fjor var definitivt åpningen av den nye missilfabrikken Nexus, på Kongsberg.”

Annual report 2024A · The company itself

“Automation & Control Intelligente kontrollsystemer som gir sikrere og bærekraftig drift •Divisjonens portefølje dekker automasjons- og sikkerhetssystemer, brosystemer og sensorløsninger. Vi støtter et bredt spekter av oppdrag i havrommet, fra sjøtransport til komplekse marine operasjoner og offshore energiproduksjon.”

Annual report 2024A · The company itself

“Propulsion & Handling Vi definerer fremtiden for fremdrift og håndtering •Kongsberg Maritime er en verdensledende leverandør av fremdriftssystemer, manøvrerings- og håndteringssystemer. •Vi leverer et stort utvalg av produkter og systemer innenfor sikkerhetskritisk dekksmaskineri, testet for å fungere under ekstreme forhold. •Innenfor fremdrift tilbyr vi propell, vannjet og thrustere som spenner fra mekaniske til elektriske.”

Annual report 2024A · The company itself

“I nyere tid er luftvernkapasiteten ytterligere utvidet med NOMADS (National Manoeuvre Air Defence system). Samlet gir dette et fullskala og mobilt luftvern som gir beskyttelse mot innkommende trusler.”

Annual report 2024A · The company itself

“Vi forenkler arbeidsprosesser og forbedrer operasjonell effektivitet ved å automatisere arbeidsflyten og samle data fra sikre kilder på én integrert industriell plattform. Plattformen vår støtter alle nivåer i organisasjonen, fra toppledelsen til de som jobber ute i felten, og bidrar til bedre planlegging, design, konstruksjon, drift og vedlikehold.”

Annual report 2024A · The company itself

“These trends have been major drivers of product development for the Konsolidator Suite in 2025 and are expected to accelerate further in 2026. As companies face faster decision cycles, the need for MARKET DYNAMICS AND COMPETITIVE LANDSCAPE The competitive landscape has evolved significantly.”

Annual report 2025A · The company itself

“The transition to renewable energy requires significant investments, especially in transport and harvesting equipment.”

Annual report 2025A · The company itself

“The new log yard constructed in connection with the Järvelä sawmill was commissioned in February. The investment supports the Sawn Timber Industry’s growth strategy by enhancing production efficiency and significantly improving productivity. With the completion of the log yard, all Sawn Timber Industry operations are now located on a single site. This substantially reduces both the transportation costs of wood raw material and the carbon footprint of logistics.”

Annual report 2025A · The company itself

“To increase sawmill production, the company invested in new channel kilns at the Järvelä sawmill, increasing the drying capacity of sawn timber by approximately 15 per cent. In addition to increasing drying capacity, the investment improves the quality of the sawn timber. The investment ensures sufficient drying capacity for production volumes of up to 450,000 cubic metres.”

Annual report 2025A · The company itself

“One of the key growth drivers is the new sawmill in Järvelä and the development of closely related operations. The new sawmill is the heart of the entire integrated and synergistic business.”

Annual report 2025A · The company itself

“Wood Procurement participated in the MESI project (Electrification of Timber Transport), which aims to provide forest companies and transport operators with a knowledge base to support decision-making on fully electric timber transport solutions and to promote readiness for actions across different time horizons.”

Annual report 2025A · The company itself

“In the Järvelä sawmill industry, a pilot trial of an electric wheel loader has been implemented together with a contractor. Koskisen’s long-term partner, Adolf Lahti has introduced a fully electric wheel loader to replace a previously used diesel-powered machine.”

Annual report 2025A · The company itself

“We May Not Achieve the Expected Benefits of Our Restructuring Plans and Business Transformation Initiatives, and These Efforts Could Have a Material Adverse Effect on Our Business, Operations, Financial Condition, Results of Operations and Competitive Position We have in the past undertaken, and may in the future undertake, business restructuring, realignment and transformation plans or initiatives. While such plans or initiatives would generally have the goal of strengthening our operations and/or achieving operational efficiencies, there can be no assurance that we will be successful in these plans and initiatives. Implementation of such plans and initiatives may be costly and disruptive to our business, we may not be able to complete them at the cost or within the time frame contemplated, and we may not be able to obtain the anticipated benefits within the projected timing or at all.”

Annual report 2026A · The company itself

“Parallellt har Ragnars effektiviserat sin produktion genom att minska ledtiden från råvara till färdig produkt och optimera maskinutnyttjandet. Detta är en del av ett större lean-projekt i fabriken, där Ragnars inte bara tillverkar för egen del utan även producerar åt Morgana, Lammhults, Abstracta och Fora Form.”

Annual report 2024A · The company itself

“Our success also depends on our continued access to suppliers of important technologies and components. Many of our contracts contain performance obligations that require innovative design capabilities, are technologically complex, or depend on factors not wholly within our control. Problems and delays in development or delivery as a result of issues with respect to design, technology, licensing and patent rights, labor, learning curve assumptions, or materials and components could prevent us from achieving such contractual requirements.”

Annual report 2026A · The company itself

“uMaritime Systems – On and under the sea, we offer a wide range of innovative capabilities. We continue to enhance our surface and subsurface autonomous and unmanned technologies to make maritime operations safer and more efficient. We provide innovative platforms, software solutions for vessel control and common core autonomous behaviors, enhanced sensor systems, advanced signal processing, secure communications hardware and software to fully support these vital missions.”

Annual report 2026A · The company itself

“At the same time, concerns about job security have become increasingly prominent as advancements in modern technology and artificial intelligence raise important questions about the future of employment for the American workforce.”

Annual report 2025A · The company itself

“We are focused on increasing efficiencies in our building process and reducing selling, general and administrative expenses by using technology and innovative strategies to reduce customer acquisition costs. Our construction playbook has three primary areas of focus: lowering construction costs, reducing cycle time and achieving even flow production.”

Annual report 2025A · The company itself

“We have materially reduced our inventory, our construction costs, and our cycle times, and we have increased, and will continue to increase, our inventory turn. We are determined to build more with less capital deployed so that as margins begin to grow, returns on capital and equity will grow faster.”

Annual report 2025A · The company itself

“Our Next Gen® homes provide what can be a home within a home to accommodate children or parents or can be an office from which to work remotely. •Core Plans - We are integrating standardized, highly efficient, value engineered Plan series across all divisions at different price points.”

Annual report 2025A · The company itself

“Några exempel är Brokk vars rivningsrobotar bidrar till färre arbetsskador, Cleveland Cascades som minskar förekomsten av damm vid lastning, Cramaro Tarpaulin som levererar system som minskar riskerna vid lastbilstransporter, ErgoPack som förhindrar belastningsskador vid packning av pallar och Silvent vars produkter förbättrar arbetsmiljön vid arbete med tryckluft.”

Annual report 2024A · The company itself

“We have made great strides in developing our glucose sensor, preparing for large-scale manufacturing, strengthening our organization, and moving closer to commercialization. One key milestone was the successful pilot production of our Sencell sensor.”

Annual report 2024A · The company itself

“We have established a pilot production line and automated critical stages of the production process, marking a significant step toward full automation. In 2025, we will open a large-scale production facility in Mainz, Germany.”

Annual report 2024A · The company itself

“As we move into 2025, our mission is clear: • Empower businesses with intuitive platforms for customer interaction. • Drive growth through customer data, AI, automation, and omnichannel solutions. • Be the link between business and customer, helping brands engage and operate seamlessly across every channel with ease.”

Annual report 2024A · The company itself

“Technological advances in such areas as additive manufacturing, data analytics, digital engineering, artificial intelligence, advanced materials, autonomy and robotics, and new business models such as commercial access to space, are enabling new factors of competition for both traditional and non-traditional competitors.”

Annual report 2025A · The company itself

“We are expanding production capacity to continue delivering at scale, and we are harnessing leading-edge technologies like artificial intelligence and autonomy, open-architecture systems, and advanced networking to make defense forces more agile, adaptive and unpredictable.”

Annual report 2025A · The company itself

“Specialty includes the following business groups: Management & Professional Liability: Management & Professional Liability consists of the following coverages and products: •professional liability coverages and risk management services to various professional firms, including architects, real estate agents, accounting firms and law firms; •directors and officers (“D&O”), errors and omissions (“E&O”), employment practices, fiduciary, fidelity and cyber coverages.”

Annual report 2025A · The company itself

“Den digitala betalningsmarknaden växer snabbt och de digitala betalningarna blir fler varje år, drivet av både e-handel och konsumenters förändrade preferenser. Automatiserade och hybrida lösningar som kombinerar kontanter och digitala betalningslösningar blir allt viktigare för att möta behoven hos både kontant och digitalt orienterade konsumenter och företag.”

Annual report 2024A · The company itself

“Samtidigt vill centralbanker och detaljhandlare omsätta kontanter snabbare, bland annat drivet av räntekostnader, och med stigande arbetskostnader ökar behovet och efterfrågan på automatiserade lösningar och outsourcing för kostnadseffektivitet.”

Annual report 2024A · The company itself

“Kunder vill ha smarta lösningar för sina behov Digitalisering och AI driver på en snabb innovation på betalningsmarknaden och öppnar för nya lösningar. Automatiserade lösningar inom kontanthantering och smarta integrerade betalningslösningar blir vanligare.”

Annual report 2024A · The company itself

“Förutom att vi genom Cima har säkrat vår leverans kedja i USA, har vi med Cima i koncernen i dag större möjligheter att påverka produkt utvecklingen och leverera skräddarsydda lösningar till våra kunder. Tillsammans med Cimas framstående FoU-team och expertis strävar vi nu efter att skala upp vår mjukvaruutveckling och driva innovation inom automatiserade lösningar.”

Annual report 2024A · The company itself

“Loomis USA är väl positionerat för fortsatt tillväxt de närmaste åren. Fokus ligger på att stärka kärnaffären inom CIT och CMS samt att växa inom automatiserade lösningar och outsourcinglösningar.”

Annual report 2024A · The company itself

“Öka vår operationella effektivitet och skalbarhet Att ha rätt infrastruktur med en så effektiv användning av våra resurser som möjligt är nyckeln till en hållbar och lönsam tillväxt och därför en viktig strategisk prioritering kommande år. Det handlar om att maximera effektiviteten, optimera hur vi allokerar resurser och att konsekvent leverera högsta kvalitet och mervärden till våra kunder. Som komplement till Loomis decentralierade affärsmodell, bygger Loomis en robust och skalbar infrastruktur för koncernen som gör att vi lätt kan anpassa oss till förändrade marknadskrav och ta vara på nya möjligheter.”

Annual report 2024A · The company itself

“Vi ser möjligheter att växa inom hela vårt erbjudande; kärnerbjudanden, närliggande service och digitala tjänster.”

Annual report 2024A · The company itself

“Vi fokuserar på att accelerera kärnaffären inom värdetransporter, kontanthantering och internationell värdehantering. Vi satsar också på närliggande service som automatiserade lösningar, bankomater och valutatjänster samt vårt digitala erbjudande via Loomis Pay.”

Annual report 2024A · The company itself

“Our ability to increase supply of our products is especially dependent on our ability to increase our manufacturing capacity, both at our own facilities and those of our contract manufacturers. Our ability to increase production is subject to a number of uncertainties inherent in all new manufacturing operations, including ongoing compliance with regulatory requirements, procurement and maintenance of construction, environmental and operational licenses and approvals for additional expansion, clean-room capacity, supply chain constraints, hiring, training and retention of qualified employees, implementing highly complex manufacturing processes, and the pace of bringing production equipment and processes online with the capability to manufacture high-quality products.”

Annual report 2026A · The company itself

“The process plant expansion project is complete, and we anticipate increased throughput and recovery in 2025, with a target of 5,000 tonnes per day (“tpd”) increasing to 5,500 tpd in 2026.”

Annual report 2024A · The company itself

“Luotea investoi strategiakaudella toimintamalliensa uudistamiseen, mikä mahdollistaa entistäkin kustannustehokkaamman palvelutuotannon.”

Annual report 2025A · The company itself

“Stronger for you We have continued to build a more scalable and efficient platform for future growth. This includes strengthening our logistics setup, further developing our shared Nordic e-commerce platform and realising synergies across the Group.”

Annual report 2026A · The company itself

“Operational execution has been reinforced through logistics scale and automation. The Group now operates two automated logistics centres, located outside Copenhagen and Stockholm, which performed very well and supported faster delivery at lower cost during the high season.”

Annual report 2026A · The company itself

“A separate project is established to redesign the PS probes in order to be able to automate the production process of flow probes. The project is expected to go on for several years and will improve the probe production capacity vastly.”

Annual report 2024A · The company itself

“Long term, the goal is to add automation in the production process. A separate project is established to redesign the PS probes through machine learning and automation.”

Annual report 2024A · The company itself

“Strategin genomsyrar hela verksamheten och grundar sig i vår vision: Vi möjliggör mobilitet – idag, imorgon och i framtiden. • Fortsatt implementering av “Building a stronger MEKO” med fokus på; • Effektivitet genom optimering av avdelningar och automatiserade centrallager. • Framtagning av ett gemensamt affärssystem för att bland annat möjliggöra bättre tillgänglighet, kassaflöde och rapportering. • Konsolidering inom produktkategorier och leverantörer för utökade synergier. • Mer hållbara produkter och tillgång till hållbarhetsdata. • Framtagning av vetenskapligt baserade klimatmål i linje med Parisavtalet 1,5-gradersscenarion. • Utbildning av chefer inom mångfald. • Driftsätta och samordna inköp i de nya och optimerade centrallagren i Danmark, Norge, Finland och Polen.”

Annual report 2024A · The company itself

“Områdena försäljning och logistik separerades under 2024 och fick dedikerade organisationer, vilket förbättrar möjligheterna till ökad försäljning och kundservice. Förändringen gör det även möjligt för MEKO att dra ännu större nytta av det automatiserade danska centrallagret.”

Annual report 2024A · The company itself

“Restructuring In July 2025, the Company approved a new restructuring program (2025 Restructuring Program) designed to position the Company for its next chapter of growth and to successfully advance its pipeline and launch new products across multiple therapeutic areas. As part of this program, the Company expects to eliminate certain positions in sales and administrative organizations, as well as research and development. The Company will, however, continue to hire employees into new roles across all strategic growth areas of the business.”

Annual report 2025A · The company itself

“Additionally, Metso prioritizes the development of smart and connected equipment and processes.”

Annual report 2025A · The company itself

“Due to the cyclical nature of its customer industries, Metso outsources a significant proportion of its manufacturing.”

Annual report 2025A · The company itself

“The programme includes cost savings, a refocus of sales, streamlining of the supply chain, and improved efficiency.”

Annual report 2025A · The company itself

“CEO’s review | Metsä Board Annual review 2025 Leveraging investments and growth drivers In recent years, we have invested heavily in expanding production capacity, modernising mills, and improving product quality and carbon footprint. We now concentrate on ensuring that these investments are fully utilised.”

Annual report 2025A · The company itself

“Research and Development We continue to invest in product innovation to provide technologically advanced products to our customers for existing and new applications. Over the last three years, we have invested $574 million in research and development ($199 million in 2025, $189 million in 2024, and $185 million in 2023), which is approximately 5% of net sales for each year.”

Annual report 2025A · The company itself

“We continue to invest in global market trends around automation and digitalization, as well as technologies related to artificial intelligence (AI). We have several initiatives that further strengthen our capabilities to serve customers, and we continue to advance the digital capability of our products and software to provide additional insights and productivity improvements to our customers throughout their value chains.”

Annual report 2025A · The company itself

“Microsoft 365 Commercial is an AI-powered business and productivity solutions platform that brings together Office, Windows, Microsoft 365 Copilot, and Enterprise Mobility + Security to help organizations empower their employees.”

Annual report 2026A · The company itself

“Bolagets pågående och planerade FoU-projekt inkluderar innovationsprojekt både avseende dess produkter, såsom utveckling av bättre material och komponenter samt dess processer, såsom utveckling av effektivare test- och produktionsprocesser och utvecklingen av Virtual Test Lab (VTL). Bolaget har fortsatt sina satsningar inom produktutveckling och organisa tionen har stärkts.”

Annual report 2024A · The company itself

“Den nordiska regionens kompetenta arbetskraft, höga auto - mationsgrad och satsningar på digitalisering stärker industrins konkurrenskraft och bidrar till långsiktig tillväxt, trots kortsiktig global osäkerhet.”

Annual report 2024A · The company itself

“Ledande positioner inom nischade marknader som hydraulik, pneumatik och automation. Bolagen erbjuder försäljning, underhåll och kundanpassad tillverkning av tekniska komponenter och system, till framför allt eftermarknadskunder och inbyggare.”

Annual report 2024A · The company itself

“•Individual incidents: when monitoring the subcontractor LTI (Lost Time Incidents) we find that our incidents in 2024 occur in our farming operations in Norway and Chile. •Transition impacts: We recognize the potential negative impacts on value chain workers from the transition to greener operations, including job losses due to automation and restructuring.”

Annual report 2024A · The company itself

“Farming Mowi Farming works along three strategic pillars: Volume growth, cost, and sustainability.”

Annual report 2024A · The company itself

“Mowi's Smart Factories concept, managed by our global Mowi Processing Excellence Team, drives the introduction of more modern technologies and automation across our factories to reduce cost and increase value.”

Annual report 2024A · The company itself

“In 2024, the organisation delivered on its cost-cutting targets for the year, achieving EUR 42 million in annualised savings. A total of EUR 327 million in annualised savings has been achieved since Mowi's cost savings programmes began in 2018.”

Annual report 2024A · The company itself

“However, we expect that our ongoing implementations of postsmolt, as well as shielding technologies (such as submerged pens and closed-containment systems), lasers and other Mowi 4.0 technologies, will further improve mortality rates. With regards to postsmolt, larger smolt is more robust, and the seawater phase can be reduced to one year given a smolt size of approx. 700 grams.”

Annual report 2024A · The company itself

“Mowi 4.0 In 2024, we continued our digitalisation and automation journey from roe to plate, featuring our MOWInsight platform for data analytics, remote operation centres and SMART farming concepts. Smart Farming Integrating cutting-edge technology at every stage of salmon growth, from real-time water quality monitoring in RAS systems to the use of robots and next-generation underwater cameras in net-pen farming, ensuring enhanced fish health and welfare.”

Annual report 2024A · The company itself

“We are adopting advanced supply chain planning tools, and we have successfully automated certain administrative sales processes through Robotics Process Automation (RPA), thereby reducing our FTE count and freeing up time for staff to focus on more value-added activities. These innovation projects illustrate how Mowi is taking advantage of new Information Technology to deliver business value.”

Annual report 2024A · The company itself

“Additionally, we continued to develop SMART farming within freshwater production, such as automatic tank washers, accurate biomass measurement and calculation, and real-time H2S monitoring systems. Developing and optimising farming practices in seawater net pens Our R&D and technical development efforts in farming focus on equipment and farming practices improvement, sea lice management tools and safeguarding fish health and welfare.”

Annual report 2024A · The company itself

“Smart Factories Innovation in processing Our Smart Factory concepts complements Smart Farming in our journey to effectively manage a fully integrated supply chain. From primary processing all the way to our global MOWI brand we are introducing: •Data-driven decision-making through MOWInsight, global benchmarking, and decision support for yield, Overall Equipment Efficiency (OEE), and labour efficiency •Smart Factory Control Center for process optimisation, water and energy efficiency •Vision technology to enhance automation and optimise processing efficiency while delivering top-quality products. •Hyperautomation of tasks, including automated documentation for regulatory compliance and •Market insights for optimising customer processes.”

Annual report 2024A · The company itself

“Cost competitiveness is one of Mowi’s strategic priorities, hence a new target of EUR 30 million of savings has been set for 2025 which comes in addition to targeted savings in the areas of postsmolt, Mowi 4.0, productivity and efficiency. Mowi has identified a total cost reduction potential of EUR 300-400 million in the next five years.”

Annual report 2024A · The company itself

“Our proactive measures, including the investment in postsmolt and Mowi 4.0 including Smart Farming, position us favourably in the transition to a low-carbon economy.”

Annual report 2024A · The company itself

“We have launched a postsmolt programme and Mowi 4.0 strategies which we believe will enhance our ESG metrics. Our Biodiversity Framework, Farming in Harmony with Nature, is also a key strategy towards biodiversity conservation.”

Annual report 2024A · The company itself

“Over the last years, Mowi has participated in several research projects investigating closed-containment aquaculture systems. The main goal has been to develop technological and biological innovations that will make closed systems a reliable and economically viable technology.”

Annual report 2024A · The company itself

“Strategic programs like increasing production of larger postsmolt (and therefore reducing production time at sea) as well new technological development (in vaccination, in lice management and in production methods such as through subsea farming) represent opportunities to improve fish health and welfare.”

Annual report 2024A · The company itself

“Together with our academic and commercial partners, and relevant suppliers, we will continue to optimise existing solutions, develop novel and cost-effective methods and increase our focus on the use and welfare of cleaner fish. Focus on new technologies for preventative lice strategies, including, submerge pens, semi-closed containment systems but also on non-invasive and passive treatment concepts.”

Annual report 2024A · The company itself

“For example, a number of our clients have obtained regulatory clearance to create indexes for use as the basis of ETFs that they manage and others have invested in direct indexing strategies, allowing investors to purchase individual stocks making up an index rather than investing in a fund or ETF. Similarly, some of our clients who currently license our risk or sustainability and climate data to analyze their portfolio risk may develop their own tools to collect data and assess risk or embed sustainability considerations into their investment processes, making our products or services unnecessary for them.”

Annual report 2025A · The company itself

“Genom tillgång till data Ständiga förbättringar För att maximera kundnyttan och minimera resursåtgång arbetar Munters enligt produktionssystemet Munters Production System (MPS). Systemet bygger på principerna i Lean Production samt World Class Manufacturing (WCM).”

Annual report 2024A · The company itself

“Investeringar i ökad effektivitet Investeringar i produktion och logistik har hög prioritet. Det gångna året var inget undantag, med inflyttning till nya anläggningar i USA och Sverige, automatisering av lager och fortsatt uppgradering av maskinparken, i syfte att stärka erbjudande och marginaler.”

Annual report 2024A · The company itself

“Effektiv och marknadsnära produktion och leveranskedja Vi har en tydlig strategi att etablera egen produktion i nyckelmarknader nära kunderna för att säkra korta ledtider, kostnadseffektivitet och hög leveransprecision. Under de senaste åren har vi påbörjat omfattande investeringar i uppgradering och automatisering av vår tillverkning och logistik i alla regioner.”

Annual report 2024A · The company itself

“I vår största anläggning i Thomasville, USA , har vi installerat lagerrobotar, som en del av konceptet Nordfab Now med leverans inom 24 timmar av cirka 900 standardprodukter.”

Annual report 2024A · The company itself

“Under de senaste åren har vi anpassat och utvecklat organisationen för att möta kundernas behov av säkra och tillförlitliga leveranser, bland annat genom investeringar i utökad kapacitet och ökad automatisering.”

Annual report 2024A · The company itself

“Intellilift delivers industrial software solutions focused on digitalising workflows through automation and remotely-controlled systems for drilling and offshore load handling.”

Annual report 2024A · The company itself

“We expect a similar effect on our PEM operations and see a path to profitability with our current manufacturing capacity. • Efficient manufacturing at scale: We inaugurated the 500MW PEM production line in Wallingford, USA. Through automation and innovation, we can now produce 10 times as many stacks at a 30% lower unit cost. We also opened Line 2 at Herøya, Norway, in 2024, bringing the annual production capacity for Alkaline to 1GW.”

Annual report 2024A · The company itself

“We continuously strive to make our cost structure and business processes more efficient, which includes relocating our business activities from higher-cost to lower-cost locations, outsourcing certain business processes and functions, and implementing changes to our business information systems.”

Annual report 2026A · The company itself

“In Netcompany, AI is a fundamental, integrated part of our delivery model and our products and platforms. We recognised early on that, to lead the digital transformation, we had to transform ourselves first. Therefore, our workforce of +9,500 talented individuals are trained in and use our internal digital assistant, EASLEY AI.”

Annual report 2025A · The company itself

“• Digitaliseringsprojekt och nytt affärssystem ökar effektiviteten • Ny organisation ger fler synergier • Utvidgade ramavtal med fler tjänster och större geografiska områden • Ny strategi för att nå nya kunder • Fokus på kassaflöde och sysselsatt kapital • Klimatmålen validerade av Science Based Target initiativ • Rekordhög orderstock Efter årets utgång • Beslut om att sälja den finska verksamheten • Nytt, utökat ramavtal med Tele2 i Sverige • Nytt avtal med norska energibolaget Glitre Nett Marknadstrender Värdekedja Värdeskapande Hållbarhetsarbetet Aktien Beslutet om finska verksamheten Ett av de viktigaste strategiska besluten under 2024 var att inleda processen för att sälja den förlustbringande finska verksamhet.”

Annual report 2024A · The company itself

“The development and deployment of technological improvements or innovations will be required to support the transition to a low-carbon economy, which could result in write-offs and early retirement of existing assets, increased costs to adopt and deploy new 32 Table of Contents practices and processing including planning and design for mines, development of alternative power sources, site level efficiencies and other capital investments.”

Annual report 2025A · The company itself

“The mining industry has been impacted, from time to time, by increased demand for critical resources such as input commodities, drilling equipment, trucks, shovels and tires. These shortages have, at times, impacted the efficiency of our operations, and resulted in cost increases and delays in construction of projects; thereby impacting operating costs, capital expenditures and production and construction schedules.”

Annual report 2025A · The company itself

“ProduktionenskeriettnittiotalanläggningariEuropa,Nordamerika och Asien. Produktionsanläggningar för volymprodukter i olikavärldsdelargerstorflexibilitet,närdetgällerattkunnaomlokalisera produktion utifrån aktuell kostnads-, handelstull- och valutasituation.”

Annual report 2024A · The company itself

“ProduktionenbedrivsietttjugotalmodernaanläggningariEuropa och Nordamerika,vilka ständigt effektiviseras genom robotisering och automatisering. Våra produktionsenheter i Sverige, Tyskland ochUSAäraffärsområdetsstörstaanläggningar.”

Annual report 2024A · The company itself

“Marknad och försäljning i fokus Medledandevarumärkenirespektivekategorierochstarkaresurser för marknadsföring och försäljning står NIBE Stoves väl rustade inför högsäsongen. Marknadsaktiviteterna stärker ytterligare relationer till återförsäljare och våra varumärkens premiumpositioner, samtidigt som synligheten gentemot slutkunden prioriteras såväl i traditionella kanaler somgenomdigitalainsatserochPR. Åtgärdsprogrammet har implementeras fullt ut i affärsområdet. Framför allt hardetta bestått av att antalet anställda i produktion, distribution och administration reducerats med ett antal hundra personer. Samtidigt har vi konsolideratverksamhetersomnukanbedrivaseffektivaretilllägrekostnad samt genomfört operationella effektiviseringar i flera av affärsområdets dotterbolag. Avdelningarna för produktutveckling, marknadsföring och försäljningharidetnärmastelämnatsorördaföratthaenstyrkaattpenetrera marknadennärefterfråganåterkommer. affärsområdetshistoriskaintervallsomligger,mellan10och12procent.”

Annual report 2024A · The company itself

“SCALES continued to reinforce its leadership in ERP and business transformation projects, increasingly integrating AI-powered analytics and process automation to enhance efficiency and transparency for Danish enterprises.”

Annual report 2025A · The company itself

“Within the life sciences industry, our AI solutions are already accelerating transformation by solving complex, time consuming tasks that require precision and compliance: Automating Quality Management: AI extracts and validates critical information from diverse document types without human intervention, enabling rapid processing and streamlined QMS workflows.”

Annual report 2025A · The company itself

“Risken för betydande leveransförseningar och/eller kvalitetsproblem. Som underleverantör ska de produkter och komponenter vi tillverkar levereras i enlighet med kundernas specifikationer och kvalitetskrav.”

Annual report 2024A · The company itself

“En växande trend bland tillverkande företag är att överlåta hela eller delar av sin produktion till externa leverantörer eller underleverantörer/partners. Motivet till detta är ofta behovet av en snabbare utvecklingstakt, vilket kräver att kunderna lägger fokus på sin kärnverksamhet.”

Annual report 2024A · The company itself

“Investments in fixed assets are anticipated to be around NOK 110 million, with a significant share of the investments being allocated to the factories to increase production capacity to deliver on the revenue growth.”

Annual report 2024A · The company itself

“We will aim to contribute to educating retail investors on the / FINANCIAL STATEMENTS ––––– benefits and risks associated with such investments. - Operational Efficiency Nordic Financials are implementing a lean operational model to minimize overhead costs, focusing on technology and automation to streamline processes.”

Annual report 2024A · The company itself

“Innovation is critical to our success. We believe that we must continue to enhance our existing products and to develop and manufacture new products with improved capabilities in order to continue to be a leading provider of precision technology solutions. We also believe that we must continue to make improvements in our productivity in order to maintain our competitive position.”

Annual report 2025A · The company itself

“Actions to invest in new business areas and low emission products Norske Skog is investing in bio products made from renewable and recycled resources, responding to growing demand and customer preferences towards low emission products.”

Annual report 2024A · The company itself

“Reach Subsea has continued the development of the Reach Remote project, a new innovative solution for providing subsea services on a remote and autonomous basis, with several landmark events taking place during the year. A technology qualification program was entered into with Equinor, TotalEnergies, and several other energy companies.”

Annual report 2024A · The company itself

“Virksomheden opererer i et marked under væsentlig forandring, med bl.a. et digitalt konkurrentbillede, konsolidering i detail-og mediebranchen og mindre ungdomsårgange. FK Distribution har derfor fokuseret på at tilpasse og fremtidssikre sin forretningsmodel til, at kerneforretningens strukturelle volumennedgang skal opvejes af markant produktudvikling og vækst i andre aktiviteter, herunder som nævnt selekteret post.”

Annual report 2025A · The company itself

“En accelereret implementering af maskinel pakning af tryksager til Sverige blev iværksat i 2. kvartal 2024 og blev fuldført i november 2025. Pakningen foregår på FK Distributions anlæg i Taastrup, hvor tryksagerne sorteres og pakkes pr. distrikt.”

Annual report 2025A · The company itself

“I 2025 færdiggjorde vi implementeringen af maskinel pakning af tryksager pr. rute til det svenske marked fra terminalen i Taastrup. Udrulningen startede i juni 2024 og blev fuldført i november 2025 gennem en dedikeret indsats fra en stor gruppe medarbejdere.”

Annual report 2025A · The company itself

“Northern Trust will continue to enable its strategy through significant investments in talent and culture, technology, data, AI and operational excellence.”

Annual report 2025A · The company itself

“The Group has a strong focus on achieving increased labour efficiency through a crew-friendly network that allows for a right-sized base structure, which in turn enables high utilisation and low operational costs. Through a more streamlined organization and flexible agreements, the Group is well positioned to manage seasonal fluctuations in demand.”

Annual report 2024A · The company itself

“To support the organisation, a modernised and flexible IT platform will boost productivity through select IT investments, development of business centres, and rigorous supply chain management.”

Annual report 2024A · The company itself

““Program X” includes measures on revenue initiatives, further harnessing synergies with Widerøe and cost efficiency improvements through, amongst others, new technologies.”

Annual report 2024A · The company itself

“In addition to routine repairs and maintenance performed on an ongoing basis and in accordance with applicable requirements, each of our ships is generally taken out of service, approximately every 24 to 60 months, for a period of one or more weeks for scheduled maintenance work, repairs and improvements performed in Dry-dock.”

Annual report 2025A · The company itself

“Avbrott inom produktionen som påverkar leveranser till kund och medför merkostnader. Då NOTE bedriver avancerad tillverkning av elektronik ställs höga krav på effektiva processer och modern tillverkningsutrustning. Risken för produktionsavbrott begränsas genom att tillverkningen är av likartad karaktär i flera av koncernens fabriker.”

Annual report 2024A · The company itself

“NOTE har en väl fungerande affärsmodell där långsiktiga kundrelationer är grunden och NOTE tvekar inte att fortsätta investera i moderna fabriker för att öka tillväxt, automatiseringsgrad och effektivitet. Detta gynnar såväl NOTE som NOTEs kunder.”

Annual report 2024A · The company itself

“Industrial: Med hög kvalitet och flexibilitet tillverkas produkter inom områden som automatisering, kontroll, infrastruktur, energi och byggteknik.”

Annual report 2024A · The company itself

“Tobias Antius, CEO Novotek AB Tobias Antius 7 Våra lösningar skapas av standardprodukter som samlar in, lagrar, analyserar och styr dataflöden hos kunderna. Syftet är att ge kunden frihet att visualisera, följa upp och optimera sina produktionsprocesser för att kunna ta datadrivna beslut. VERKSAMHET Novotek har sin kärnkompetens inom lösningar för industriell IT och Automation, vilka effektiviserar kundens informationshantering, produktionsprocesser samt tjänste utbud kring deras leverans.”

Annual report 2024A · The company itself

“The Company’s plant operations face competition from newer or more efficient plants owned by competitors, which may put some of the Company's plants at a disadvantage to the extent these competitors are able to consume the same or less fuel as the Company's plant. Over time, the Company's plants may be unable to compete with these more efficient plants, which could result in asset retirements.”

Annual report 2025A · The company itself

“This includes (i) demand response and virtual power plants (“VPP”), which help manage costs and improve affordability for customers, (ii) completing the Texas Development Projects, (iii) long-term, contract-backed generation and related infrastructure, supported by strategic partnerships with equipment manufacturers and engineering, procurement, and construction companies, and (iv) increasing capacity at existing facilities.”

Annual report 2025A · The company itself

“NRG combines these solutions with energy products to unlock value at the intersection of energy and smart home, scale the Company’s residential VPP, and give customers a tool to manage and lower their energy costs.”

Annual report 2025A · The company itself

“A key initiative is the roll-out of the new groupage TMS, which supports more consistent ways of working, improves data quality, and enhances visibility and efficiency across operations.”

Annual report 2025A · The company itself

“Because we use EAFs to produce our steel, we can easily vary our production levels to match short-term changes in demand.”

Annual report 2025A · The company itself

“For physical AI, we provide an end-to-end platform spanning data center infrastructure, open models, systems, embedded compute modules, and software stacks to train, simulate, and deploy advanced automation and robotics solutions.”

Annual report 2026A · The company itself

“Manufacturing We employ a hybrid manufacturing model where we manufacture semiconductors through a combination of wholly owned manufacturing facilities, a manufacturing facility operated jointly with another semiconductor company and third-party foundries and assembly and test subcontractors. We manage our manufacturing assets together through one centralized organization to ensure we realize scale benefits in asset utilization, purchasing volumes and overhead leverage across businesses.”

Annual report 2025A · The company itself

“The Board is satisfied with the record strong result and recognizes that several years of continuous focus on reducing cost and improving efficiency and quality continue to pay-off, and that we have been able to take advantage of the strong markets by increasing volumes and improving rates.”

Annual report 2024A · The company itself

“Our product development efforts are directed towards the following: •addressing the need for solutions to manage and optimize the growing power demands and distribution within AI data centers; •powering the electrification of the automotive industry with our intelligent power technologies that allow for lighter and longer-range electric vehicles and enable efficient fast-charging systems; •propelling the sustainable energy evolution with our intelligent power technologies for the highest efficiency solar strings, industrial power and storage systems; •enhancing the automotive mobility experience with our intelligent sensing technologies with imaging and depth sensing that make AD, ADAS, and advanced vehicle safety possible; and •enabling robotics, humanoids, automation, and data exchange (Industry 4.0) with our intelligent sensing technologies for smarter factories and buildings.”

Annual report 2025A · The company itself

“We offer intelligent power and intelligent sensing solutions that drive electrification, energy efficiency, safety, and automation in automotive, industrial, and other end-markets, including AI data center.”

Annual report 2025A · The company itself

“Our intelligent sensing technologies support the next generation industry through automation, allowing for smarter factories and buildings.”

Annual report 2025A · The company itself

“In addition, our intelligent sensing technologies are enabling robotics and humanoids.”

Annual report 2025A · The company itself

“PSG PSG provides a broad portfolio of discrete, module, and integrated semiconductor devices designed to enable high‑efficiency and high‑power conversion across AI data centers, energy infrastructure, automotive and industrial. Our offerings include power switching devices, signal conditioning products, and circuit‑protection technologies that support increasing demands for performance, power density and system reliability.”

Annual report 2025A · The company itself

“AMG AMG designs and develops a comprehensive range of analog and mixed-signal solutions including power‑management, sensor‑interface, connectivity, and standard products that serve automotive, industrial automation, AI data center, computing, and mobile end markets.”

Annual report 2025A · The company itself

“ISG ISG develops advanced imaging technologies that include high‑performance CMOS image sensors, ISPs, SWIR sensors, and more. These technologies support high‑dynamic‑range, low‑noise, and high‑reliability imaging essential to automotive ADAS, industrial automation, robotics, and AI‑enabled perception systems.”

Annual report 2025A · The company itself

“Oriola accelerates growth and modernises Finnish operations with a highly automated, state-of-the-art distribution centre in Järvenpää Oriola announced on 7 January 2025 that it has completed the planning phase of a highly automated, state-of-the art distribution centre located in Järvenpää, Finland, in total valued at EUR 110-120 million. The investment will be financed in a capital-efficient way through a long-term lease arrangement for the building, machinery and equipment, while the land is acquired and owned by Oriola.”

Annual report 2025A · The company itself

“• Sustainability regulation and demand for sustainability: sustainability and compliance in all business sectors increasingly guide the actions and decisions of consumers, authorities and investors. • Digitalisation, the use of AI and real time data: the amount and significance of data is growing, and it has become a valuable tool for generating competitive business opportunities. Societies and companies are increasingly relying on artificial intelligence, machine learning, and automation.”

Annual report 2025A · The company itself

“Forbedringsprogrammer knyttet til innkjøp og forsyningskjeden økte produktog kategorilønnsomhet i 2024, som også bidro til den sterke marginutviklingen gjennom året.”

Annual report 2024A · The company itself

“Kjernestrategien til HSNG er sentrert rundt tre initiativer: automatisere distribusjonssenteret: utnytte det nye distribusjonssenteret til å forbedre kundetilfredsheten og øke kostnadseffektiviteten; øke bruttomarginen: øke markedsandelen ved strategisk å fokusere på egne merkevarer, som vil øke effektiviteten i verdikjeden og øke lønnsomheten; styrke markedsposisjonen: forbedre lønnsomheten og markedsandelen ved å fokusere på segmenter med høy lønnsomhet i resultatbasert markedsføring, tiltrekke verdifulle kunder, effektivisere budgivningsstrategier for produkter gjennom bruk av datamodeller, samt forsterke merkevarekommunikasjonen i CRM og sosiale medier.”

Annual report 2024A · The company itself

“A key driver of sustainable growth is our strategy to increase the production of large, high-quality smolt. This is achieved through expanding land-based production capacity in advanced hatcheries equipped with cutting-edge water recycling technology (RAS).”

Annual report 2024A · The company itself

“Additionally, we are investing in vessels and infrastructure to enhance fish health and survival rates. In Scotland, we have two large farming service vessel equipped with dual-treatment systems for gill health treatments and sea lice removal using freshwater only.”

Annual report 2024A · The company itself

“Cortex Our AI-powered Cortex® platform transforms end-to-end security operations and observability with unified data, AI, and automation for more secure, faster, and cost effective outcomes. •Security Operations. We deliver the next generation of security operations capabilities that unifies standalone Security Information and Event Management (“SIEM”) tools, endpoint security, security automation, cloud detection and response (“CDR”), as well as attack surface management (“ASM”) capabilities on our Cortex platform. These include Cortex XSIAM®, for AI-powered security operations replacing traditional SIEM tools; Cortex XDR®, for the prevention, detection, and response to complex cybersecurity attacks; Cortex XSOAR®, for security orchestration, automation, and response (“SOAR”); Cortex Xpanse®, for ASM; and Koi Agentic Endpoint Security.”

Annual report 2026A · The company itself

“•Cortex XSOAR. Available as a stand-alone, cloud-based service, an on-premises virtual appliance, or delivered natively through Cortex XSIAM, Cortex XSOAR is a comprehensive SOAR offering that unifies playbook automation, case management, real-time collaboration, and threat intelligence management to serve security teams across the incident lifecycle. With Cortex XSOAR, security teams can standardize processes, automate repeatable tasks, and manage incidents across their security product stack to improve response time and analyst productivity.”

Annual report 2026A · The company itself

“This integration provides unrivalled scale and, together with our brand strength, drives our strong margin profile and high returns.”

Annual report 2025A · The company itself

“ECO-Prefab: Byggelement gjorde en investering på närmare en halv miljard kronor i sina produktionsanläggningar i Ucklum och Hallstahammar som fördubblar produktions - kapaciteten på väggar och bjälklag och samtidigt halverar cementbehovet genom att låta andelen alternativa bindemedel uppgå till minst 50 procent.”

Annual report 2024A · The company itself

“24 Bästa arbetsplatsen Investering gav arbetsmiljöpris Peabbolaget Byggelements anläggningar i Ucklum utanför Stenungsund och i Hallstahammar har nyligen gjort ett tekniksprång där en manuell tillverkningsprocess ersatts med hög grad av robotteknik. Investeringen på omkring en halv miljard kronor innebär att produktionskapaciteten kan fördubblas på tillverkning av väggar och bjälklag, samtidigt som klimatavtrycket sänks då minst 50 procent av cementen ersätts av alternativa bindemedel i tillverkningen.”

Annual report 2024A · The company itself

“Ökad hållbarhet innebär kontinuerligt utvecklade produktionsmetoder.”

Annual report 2024A · The company itself

“Peabs investering på cirka 500 Mkr för att automatisera tillverkningen av betongelement och halvera cementbehovet i fabrikerna i Ucklum och Hallstahammar färdigställdes i början av året. Investeringen möjliggör fördubblad produktionskapacitet och samtliga produkter tillverkas med minst 50 procent alternativa bindemedel.”

Annual report 2024A · The company itself

“Vi arbetar hela tiden med att utveckla medarbetare, byggmetoder och nya klimatsmarta byggmaterial för att kunna möta framtidens marknad.”

Annual report 2024A · The company itself

“Inom digitalisering har vi arbetat med flera projekt inom autonom mätning och uppföljning av material och produktion på byggarbetsplatsen. Vi har också arbetat vidare med långsiktiga projekt om koldioxidlagring i byggnadsmaterial.”

Annual report 2024A · The company itself

“Restructuring and Impairment Charges 2019 Multi-Year Productivity Plan The 2019 Productivity Plan leverages new technology and business models to further simplify, harmonize and automate processes; re-engineers our go-to-market and information systems, including deploying the right automation for each market; and simplifies our organization and optimizes our manufacturing and supply chain footprint. To build on the successful implementation of the 2019 Productivity Plan, in 2024, we further expanded and extended the plan through the end of 2030 to take advantage of additional opportunities within the initiatives described above.”

Annual report 2025A · The company itself

“Realigning Our Cost Base Program •In the fourth quarter of 2023, we announced that we launched a multi-year, enterprise-wide cost realignment program that aims to realign our costs with our longer-term revenue expectations. In the second quarter of 2025, we identified additional productivity opportunities to further reduce costs primarily in SI&A, driven in large part by enhanced digital enablement, including automation and AI, and simplification of business processes. •In connection with our efforts to simplify the structure and sharpen the focus of our R&D organization, in the first quarter of 2025, we expanded this program after having identified additional opportunities to drive improvements in productivity and operational efficiencies through enhanced digital enablement, including automation and AI, and simplification of business processes.”

Annual report 2025A · The company itself

“Manufacturing Optimization Program––In the second quarter of 2024, we announced that we launched a multi-year, multi-phased program to reduce our costs of goods sold, which includes operational efficiencies, network structure changes, and product portfolio enhancements.”

Annual report 2025A · The company itself

“Operational quality and productivity are continuously developed through, for example, process efficiency, automation and the use of artificial intelligence.”

Annual report 2025A · The company itself

“Modification of the ACC’s retail electric competition rules or other efforts of deregulation and other factors, such as customers installing behind the meter technologies or large customers developing large, utility scale generation projects to serve their energy needs, may result increased competition, which could have a significant adverse impact on APS’s business and results of operations.”

Annual report 2025A · The company itself

“A world where people matter – powered by tech Värderingar Passion & Execution ”Put your heart in it – and make it happen” Drivkrafter Den digitala transformationen och höga graden av automation driver en enorm förändring av arbetsmarknaden. Vi erbjuder våra kunder lösningar och tjänster för att bli konkurrenskraftiga i denna omställning.”

Annual report 2024A · The company itself

“In response to actual and anticipated customer behavior and expectations, as well as competitive pressures, we continue to invest in technology. We seek to automate functions previously performed manually, facilitate the ability of customers to engage in financial transactions and otherwise enhance the customer experience with respect to our products and services. This effort has involved and is likely to continue to involve the expenditure of considerable amounts of funds and other resources, which could be constrained to the extent that sustained adverse economic conditions and other factors described elsewhere in these Risk Factors negatively impact our business or financial performance.”

Annual report 2025A · The company itself

“For å opprettholde denne posisjonen har Polaris Media intensivert utviklingen av infrastruktur og redaksjonelle verktøy for å videreutvikle journalistikken, hvor kunstig intelligens spiller en stadig viktigere rolle. I tillegg brukes teknologi basert på kunstig intelligens i økende grad også i markedsavdelingene, både i kreativ produksjon, tilpasning av brukeropplevelser og effektivisering av arbeid.”

Annual report 2024A · The company itself

“Overcapacity in the warehousing market in Finland and Sweden might lead to price erosion while investments are needed to increase automation.”

Annual report 2025A · The company itself

“We advanced our operational efficiency through resource optimization and warehouse consolidations in both Finland and Sweden. The rollout of our new warehouse management system also continued in both countries.”

Annual report 2025A · The company itself

“Our key priorities are growth and commercial excellence, stronger network synergies, and improved operational efficiency.”

Annual report 2025A · The company itself

“(Econ.), Senior Portfolio Manager, Varma Mutual Pension Insurance Company Events after the reporting period On January 7, 2026, Posti announced plans to restructure its delivery operations and customer service to adapt to declining paper mail volumes and increasing digitalization. The planned changes include organizational restructuring, increased automation in sorting, transfer of certain Posti-owned shops to partner networks, and centralization of customer service.”

Annual report 2025A · The company itself

“PowerCell verkar inom en bransch som påverkas av teknisk utveckling och en marknadsefterfrågan som drivs av ett behov av miljöförbättringar.”

Annual report 2024A · The company itself

“Men Greengenuity är mer än ett initiativ – det är en strategisk riktning som skapar affärsmöjligheter och säkerställer vår roll i en hållbar industri. • Vi arbetar med att effektivisera underhåll av godstransporter på järnväg genom att stötta övergången från avhjälpande till förebyggande underhåll. Här samarbetar vi med Hexagon EAM för att skapa en skräddarsydd lösning.”

Annual report 2024A · The company itself

“Lastly, technologies, including AI, offer new capabilities to innovate, produce and market our products and brands. We are embracing these changes, and to benefit from them, the Company can and will adjust the execution of its strategy.”

Annual report 2026A · The company itself

“Advances in distributed generation technologies, such as fuel cells, micro turbines, micro grids, windmills and net-metered solar installations, coupled with subsidies, could (i) affect the price of energy, (ii) reduce energy deliveries as customer-owned generation becomes more cost-effective, (iii) require further improvements to our distribution systems to address changing load demands, and (iv) make portions of our transmission and/or distribution facilities obsolete prior to the end of their useful lives.”

Annual report unknown yearA · The company itself

“Competition in the semiconductor industry is affected by various factors that include, among others: OEM concentrations; vertical integration; competition in certain geographic regions; government intervention or support of national industries or competitors; geopolitical tensions, which may drive customer preference toward local suppliers; the ability to maintain product differentiation in light of evolving industry standards and speed of technological change (including the transition to smaller geometry process technologies, the demand for always on, always connected capabilities, the increasing use of AI and machine learning technologies and the need to run complex AI-based applications 27 on devices); access to capacity in the supply chain; and value-added features that drive selling prices and consumer demand for new devices.”

Annual report 2025A · The company itself

“We are leveraging automation and AI to improve quality and productivity across our entire value chain, not just in the laboratory. For example, we advanced our use of automation in front-end specimen processing and labeling in six of our labs, freeing more of our processors to focus on higher-order work.”

Annual report 2025A · The company itself

“Table of Contents It is important that we continue to strengthen our efficiency, including through the use of technology and automation, to promote our competitive position and enable us to mitigate the impact on our profitability of steps taken by government payers and health insurers to reduce the utilization and reimbursement of diagnostic information services, and to partly offset pressures from an inflationary environment, including labor and benefit cost increases, and reimbursement pressures.”

Annual report 2025A · The company itself

“Kostnadsökningen avser främst personalkostnader och maskinpark.”

Annual report 2024A · The company itself

“Sedan 1992 har vi varit innovatörer på järnvägen genom at utveckla, bygga och sälja nästa generations järnvägsmaskiner. Från de första vakuummaskinerna och snösmältarna, till dagens första och största helt bateridrivna underhållsmaskiner.”

Annual report 2024A · The company itself

“Andra maskiner som Railcare har utvecklat är: Railvac; används inom områden där vanliga grävmaskiner inte kommer åt eller ersäter jobb som har utförts för hand.”

Annual report 2024A · The company itself

“Det nya avtalet bygger på en utökad automation i syfte att framtidssäkra Ericssons lösning.”

Annual report 2024A · The company itself

“Framtida utveckling Ratos fokus framåt är teknik- och infrastrukturlösningar (inklusive samhällsbyggnad) vilka är marknader med stark underliggande tillväxt. Den allt snabbare teknikutvecklingen är en förutsättning för ett mer hållbart samhälle ur alla perspektiv och våra ingenjörer kommer att spela en viktig roll.”

Annual report 2024A · The company itself

“Två globala trender är dels viljan till ökad automatisering, dels det fortsatta införandet av adaptiv behandling i klinisk rutin, områden som RaySearch satsar mycket på och också ligger i framkant inom.”

Annual report 2024A · The company itself

“The future is autonomous Our ambition is to be at the frontier with regards to technology development, and in 2025 we will launch our first two autonomous offshore support vessels under the name Reach Remote.”

Annual report 2024A · The company itself

“In this context, our focus on remote, over-the-horizon technologies is increasingly relevant. The rising costs of conventional subsea operations highlight the value of cost-efficient solutions like Reach Remote.”

Annual report 2024A · The company itself

“Scheduled for deployment under the Norwegian Flag, these vessels are poised to revolutionize offshore subsea operations, aligning with sustainability initiatives. Reach Remote offers secure, eco-friendly, and cost-effective solutions for global subsea inspection, survey, and intervention services.”

Annual report 2024A · The company itself

“31 Reach Subsea | Annual Report 2024 Annual Report 2024 Contents Sustainability Financial Statements Corporate Governance & Management Corporate Structure Business Performance Remote vessels Reach Subsea DRIX (Orca 1 and Orca 2) The DRIX is an 8-meter-long remotely controlled/autonomous survey vehicle designed for high-quality hydrographic surveys in shallow waters. Equipped with advanced sensors and multi-redundant communication systems, it ensures precise data collection and real-time transmission. Its modular design enables versatile payload integration, supporting a range of missions from seabed mapping to subsea inspections.”

Annual report 2024A · The company itself

“Since 2019, we have meaningfully expanded our investment in people, systems, and automation to enhance our decision-making, efficiency, and risk management across the full investment lifecycle. Our “One Team” leverages these proprietary capabilities daily, including predictive analytics, a tailored and supplemental enterprise resource planning (“ERP”) platform with source-to-book workflow automation, and robotic process automation (“RPA”) initiatives that support scalability and operating leverage.”

Annual report 2025A · The company itself

“Muottituotteiden kasvun tukemiseksi Reka Kumi tilasi kaksi uutta keskikokoista injektioprässiä. Laitteet toimittiin ja otettiin käyttöön vuoden 2025 loppupuolella.”

Annual report 2025A · The company itself

“Emerging technologies, including those that are used to recycle and process waste as an alternative to disposal of waste in landfills, represent risks, as well as opportunities, to our current business model.”

Annual report 2025A · The company itself

“We have installed advanced technology on recycling and waste collection vehicles that utilizes cameras to identify recycling contamination and overfilled containers. We expect this technology will reduce recycling contamination over time and drive incremental revenue.”

Annual report 2025A · The company itself

“We continue to invest in proven technologies to control costs and to simplify and streamline recycling for our customers. For example, robotics and advanced sorting equipment, such as disk screens, magnets and optical sorters, identify and separate different kinds of paper, metals, plastics and other materials to increase efficiency and maximize our recycling efforts.”

Annual report 2025A · The company itself

“Manufacturing We operate a globally distributed manufacturing network designed to optimize quality, control costs, reduce time to market for new product introduction, and generate supply chain resilience. Our manufacturing operations consist of specialist component production as well as technical assembly and comprehensive testing and quality control of our devices, masks, and accessories.”

Annual report 2026A · The company itself

“In addition, productivity initiatives may at times involve reorganization or relocation of manufacturing activities. Such manufacturing realignment may result in the interruption of production, which could increase our costs and reduce our sales. Any interruption in production capability could require us to make substantial capital expenditures to fill customer orders, which could negatively affect our profitability and financial condition.”

Annual report 2026A · The company itself

“We plan to invest over $2 billion over the next five years in manufacturing facilities, digital infrastructure, and talent to support market share growth, operational resilience, and margin expansion.”

Annual report 2025A · The company itself

“(Rockwell Automation or the Company) is the world’s largest company dedicated to industrial automation and digital transformation.”

Annual report 2025A · The company itself

“The Intelligent Devices segment includes drives, motion, advanced material handling, safety, sensing, industrial components, and configured-to-order products.”

Annual report 2025A · The company itself

“Overview Rockwell Automation, Inc. is the world’s largest company dedicated to industrial automation and digital transformation.”

Annual report 2025A · The company itself

“In most countries, our direct sales force works with Original Equipment Manufacturers (OEMs) or machine builders, system integrators, technology partners, and end users in conjunction with independent distributors.”

Annual report 2025A · The company itself

“LEASES The Company leases certain buildings, vehicles, and equipment in order to reduce the risk associated with ownership.”

Annual report 2025A · The company itself

“Driving growth through operational efficiency and integrations Over recent years, we have made progress on operational efficiency by delivering a pipeline of efficiency initiatives driven by the completion of integrations of acquired companies and the delivery of a substantial share of our planned CAPEX programs. These programs have led to increased production capacity and enhanced capabilities, as well as strengthened logistics and IT infrastructure.”

Annual report 2025A · The company itself

“In the first half of the year, our Norwegian activities were integrated into Royal Unibrew’s SAP platform, creating a unified foundation for our operations. Since acquiring Hansa Borg in 2022, we have taken steps to streamline the supply chain, most recently by closing the Sarpsborg brewery at the end of 2025.”

Annual report 2025A · The company itself

“In addition, we continue to invest in structural cost reduction in our facilities, including aligning work to more efficient manufacturing centers, implementing advanced manufacturing capabilities including digital initiatives and automation, and closing facilities that are not required to meet future capacity and work needs.”

Annual report unknown yearA · The company itself

“Table of Contents •Any weakness in the macroeconomic environment, including due to recession, inflation, high or increasing interest rates and other factors, could constrain customer budgets across the markets we serve, potentially leading to a reduction in their employee headcount and a decrease in demand for our subscription-based products. •The foregoing factors generally affect our performance and could have a material adverse effect on our business, financial condition or results of operations.”

Annual report 2025A · The company itself

“Kustannustehokkaat prosessit Tilikaudella turkisnahkojen lajittelussa tehtiin muutoksia, jotka tähtäävät toiminnan tehostumiseen. Vantaalla on luovuttu osasta vuokratiloja. Minkki- ja kettulajittelu on yhdistetty yhdeksi osastoksi, mitä varten lajitteluhenkilöstön osaamista oli pitkäjänteisesti laajennettu.”

Annual report 2025A · The company itself

“Furthermore, new AI offerings and technologies, which are integrated into our operations, may disrupt workforce needs and could adversely affect our operations if not managed properly.”

Annual report 2026A · The company itself

“We anticipate that significant additional investments, including in human capital software, agentic AI and other technologies, will be required to scale our operations and increase productivity, address the needs of our customers, develop and enhance our services, expand into new geographic areas and support continued growth.”

Annual report 2026A · The company itself

“We have undertaken various restructuring initiatives intended to improve operating margins and continue advancing our ongoing commitment to profitable growth, which have included a workforce reduction, select data center exits, and office space reductions within certain markets.”

Annual report 2026A · The company itself

“In October 2025, the Company acquired all of the outstanding stock of Regrello Corp. (“Regrello”), the developer of an AI-native business process automation solution.”

Annual report 2026A · The company itself

“Restructuring The Company has undertaken various restructuring initiatives to improve operating margins and continue advancing its ongoing commitment to profitable growth, which have included a reduction of the Company’s workforce, select data center exits, and office space reductions within certain markets. The Company continues to evaluate and operationalize future programs to drive further operational efficiencies, optimize its management structure and increase cost optimization efforts to realize long-term sustainable growth.”

Annual report 2026A · The company itself

“For example, book printing suppliers have recruited more employees and invested in automation equipment to reduce the overtime of their workers.”

Annual report 2025A · The company itself

“During periods of increasing demand, the complexity of these products and our manufacturing processes has contributed to challenges in recommissioning and effectively utilizing our production equipment to meet customer needs. These difficulties may arise again in the future, potentially delaying our ability to respond to an improving demand environment.”

Annual report 2026A · The company itself

“Vertical Integration We design and manufacture many of the critical technologies incorporated into our HDD products, including read/write heads, magnetic recording media and other core components. Our vertically integrated approach enables close coordination across development, product design and manufacturing teams helping us to accelerate technology transitions, optimize product performance and efficiently scale manufacturing of new technologies.”

Annual report 2026A · The company itself

“Transformationsprogram Vi har investerat i en omfattande IT-modernisering i koncernen och vi strävar efter att vara datadrivna och effektiva i allt vi gör då vi är övertygade att detta bidrar till förbättrad kvalitet och slutligen tillför värde till våra kunder. Vi utvecklar våra bevakningstjänster genom ökad modernisering och specialisering, samt utbildning och effektivitet.”

Annual report 2024A · The company itself

“När vi skapar det nya Securitas fortsätter vi att skapa skalfördelar och ökade möjligheter till automation.”

Annual report 2024A · The company itself

“We have made, and expect to continue to make, significant investments in research and development to expand our Platform capabilities, strengthen existing applications, increase the number of applications on our platform, and advance mobile, automation, AI and machine intelligence technologies.”

Annual report 2025A · The company itself

“We offer an innovative suite of products, including AI-powered applications, and services designed to automate workflows, integrate systems and empower employees, regardless of existing systems, cloud environments or collaboration tools.”

Annual report 2025A · The company itself

“Through its orchestration capabilities, our Platform manages complex, cross-functional workflows end-to-end. For example, an organization’s entire employee onboarding workflow, which spans across both internal and external functions, can be managed by our Platform. AI agents can autonomously trigger information technology (“IT”) provisioning, payroll setup, compliance checks and facilities access – coordinating tasks, monitoring progress and resolving exceptions without human intervention, if desired.”

Annual report 2025A · The company itself

“Additionally, with our acquisition of Moveworks, Inc. we have strengthened our enterprise workflow automation on our Platform by integrating advanced enterprise search and front-end virtual agent technology. The advanced machine learning, conversational interface, natural language comprehension and broad integration capabilities of this technology help organizations and their employees handle service requests automatically, retrieve information quickly using AI, and complete tasks across diverse business applications, enhancing overall workflow experience.”

Annual report 2025A · The company itself

“Field Service Management Field Service Management (“FSM”) manages planning, scheduling and execution of field service work, allowing technicians to be dispatched through the same platform that manages customer cases. It provides automated workflows to help optimize resource allocation, increase technician productivity and improve first-time resolution rates.”

Annual report 2025A · The company itself

“Source-to-Pay Operations Source-to-Pay Operations (“SPO”) connects organizations’ existing enterprise resource planning and procurement systems to support purchasing, supplier management, performance monitoring and accounts payable processes.”

Annual report 2025A · The company itself

“Our Creator products allow organizations to build and customize workflows at scale. These products provide developers with pre-built templates, low-code resources and modular components that support adaptation to changing processes and business models.”

Annual report 2025A · The company itself

“App Engine App Engine enables organizations to create enterprise-class workflows using low-code and no-code development tools, supported by AI. App Engine does not require formal coding experience and is designed for scale, security and rapid deployment.”

Annual report 2025A · The company itself

“Detta inkluderar kostnader för sålda tjänster, som främst är kostnader som betalas till operatörer och som rör hostingtjänster. Här ser vi en möjlighet att öka effektiviteten genom automatisering, AI och förbättrade supportsystem.”

Annual report 2024A · The company itself

“Vår organiska bruttoresultattillväxt uppgick till 2 procent och vi uppnådde en justerad EBITDA-marginal på 12 procent. Lönsamheten stärktes av effektiviseringar som gav besparingar på 352 miljoner SEK i årstakt, vilket överträffade vårt ursprungliga mål på 300 miljoner SEK.”

Annual report 2024A · The company itself

“Förbättra vår marginal Våra marginalförbättringar är en direkt följd av tillväxten i våra återkommande intäkter och optimering av våra rörelsekostnader. Eftersom kostnader är en variabel vi kan påverka har vi vidtagit proaktiva åtgärder för att optimera dem. Under de senaste två åren har vi investerat i modernisering av vår Sampling Cup-produktion med robotteknologi och avancerade processer för att öka produktiviteten och sänka kostnaderna.”

Annual report 2024A · The company itself

“Med cirka 80 % av de planerade investeringarna genomförda och återstående investeringar planerade till början av 2025, står vi redo att skörda framgångarna under 2025 och framåt. Dessutom, kommer den strategiska nedläggningen av våra kontor i Korea och Mexiko i slutet av 2024, tillsammans med planerade pensionsavgångar i 2026, där vi redan har säkrat interna ersättare, att ytterligare minska våra personalkostnader samtidigt som vi bibehåller vår exemplariska kundsupport. Dessa initiativ, i kombination med vår mycket skalbara affärsmodell, kommer att öka vår rörelsemarginal från 31,9 % under 2024 till över 40 % år 2028 och ytterligare befästa SinterCast som ett av de mest lönsamma företagen på Nasdaq Stockholm.”

Annual report 2024A · The company itself

“Sitowise's strengths include a business model that enables flexible use of resources and a profile that clearly differentiates it from competitors as an expert house combining modern IT capabilities, geospatial intelligence, and Sitowise's expertise in built environment and forest sector.”

Annual report 2025A · The company itself

“This helped to improve utilization rates across key business areas, especially in structural engineering.”

Annual report 2025A · The company itself

“As significantly increasing the order book has proven challenging in the current market environment, additional measures are ongoing to improve organizational efficiency.”

Annual report 2025A · The company itself

“Med detta har vi nu en modell för fabriksfri storskalig produktion för båda våra verksamheter, nämligen Wireless med Global Foundries och Photonics med WIN Semiconductors. Denna strategi gör att vi kan fokusera på differentierad teknik, design och produktutveckling, samt optimera våra CAPEX-ut - gifter samtidigt som vi utnyttjar kompetensen hos våra förstklassiga produktionspartners för leve - ranser i stor skala och hög volymproduktion.”

Annual report 2024A · The company itself

“Vi måste också fortsätta att automatisera och digitalisera för att uppnå de regulatoriska kraven framöver. Våra investeringar och satsningar inom AI, automation och data fortsätter, med fokus på ökad implementeringstakt.”

Annual report 2024A · The company itself

“Genom att använda platsgjutna betongformar i projektet behövde vi till exempel inte köpa in, installera och avlägsna 17 700 kvadratmeter stödbalkar på undersidan av broarna. Tillsammans med liknande metoder kunde vi reducera 48 000 arbetstimmar i projektet.”

Annual report 2024A · The company itself

“Genom att montera brons tre stålbågar utanför byggarbetsplatsen kunde vi undvika att arbeta på vatten och kunde samtidigt minimera störningar på en av de mest trafikerade järnvägarna i USA, vilket visar på Skanskas expertis vad gäller planering och utförande av projekt.”

Annual report 2024A · The company itself

“We currently operate 57 paper mills (36 of which produce containerboard only, seven of which produce paperboard only, with six producing both, five producing containerboard and another grade, one producing paperboard and another grade and two producing kraft paper only), 450 converting plants (329 of which convert containerboard into corrugated containers, 84 of which convert paperboard into consumer packaging or manufacture leaflets or labels for consumer packaging, five sack plants and 32 other conversion facilities), 70 recovered fiber facilities, two wood procurement operations in Europe (which together provide raw material for our mills in Europe), two forestry operations in Latin America, 57 distribution facilities in North America, and 30 other production facilities carrying out other related activities.”

Annual report 2025A · The company itself

“The construction of our state-of-the-art logistics centre in Kumla, Sweden, is progressing well and will be fully operational in 2026. This facility consolidates our operations into one automated setup, improving service levels and supporting sustainability goals. It represents a significant leap forward in automation and efficiency, reduces complexity, lowers cost to serve and enable faster, more reliable deliveries.”

Annual report 2025A · The company itself

“In 2025, the Company increased asset utilization through its introduction of redeye flights and its initiatives to decrease the amount of time it takes to turn an aircraft (the time needed to unload Passengers from an arriving flight and load Passengers on the same aircraft for its subsequent flight).”

Annual report 2025A · The company itself

“investere i maskiner, der kan automatisere manuelle processer i guidewire-produktionen”

Annual report 2025A · The company itself

“Årsrapport 2025 Ledelsesberetning Vores forretning Sprøjtestøbning og blæsestøbning 21 Polyuretan og komposit Stigende aktivitet og styrket international position SP Group producerer avancerede plastløsninger med reaktionsstøbning, hvor der fremstilles polyuretan (PUR) og kompositprodukter, både i form af egne produkter og som underleverandøropgaver.”

Annual report 2025A · The company itself

“For å møte kundenes behov og forventninger, utnytter vi mulighetene som ligger i effektivisering, nye forretningsmuligheter, digitalisering og automatisering.”

Annual report 2024A · The company itself

“SpareBank 1 Østlandet bruker teknologi i betydelig grad i alle deler av verdikjeden. Det arbeides kontinuerlig med videreutvikling av de digitale kundegrensesnittene for å sikre tilgjengelighet og sosial inkludering. Arbeidet omfatter for eksempel implementering av kunstig intelligens for intern effektivisering, avanserte systemer for kreditt og risikostyring, automatisering av prosesser, og ulike markedsteknologier for å sikre relevans og bred tilgjengelighet i kundegrensesnittet.”

Annual report 2024A · The company itself

“Økt automatisering, utvikling og bruk av KI har bidratt til å effektivisere en rekke kunde og interne arbeidsprosesser gjennom året. Dette bidrar til raskere kundebehandling og frigjort tid for våre rådgivere til økt fokus på rådgivning og salg.”

Annual report 2024A · The company itself

“KAPITALEFFEKTIVITET  ØKT LØNNSOMHET Den sammenslåtte banken vil dra nytte av stordriftsfordeler, og har identifisert årlige besparelser på omkring 350—400 millioner kroner.”

Annual report 2024A · The company itself

“Konkurransestrategien skal legge til rette for å bygge en organisasjon som er rustet til å skape den råeste banken i Norge på endring og utvikling. Vi må lære raskere enn andre, og atferd og kultur er våre viktigste konkurransefortrinn.”

Annual report 2024A · The company itself

“The pace of technological change continues to accelerate and the Company's ability to react effectively to such change may present significant competitive risks. The Company's future growth rate depends upon a number of factors, including its ability to (i) identify and evolve with emerging technological and broader industry trends in its target end-markets, including, but not limited to, artificial intelligence machine learning and robotics; (ii) defend its market share against an ever-expanding number of competitors, including many new and non-traditional competitors; (iii) monitor disruptive technologies and business models; and (iv) attract, develop, and retain individuals with the requisite technical expertise and understanding of customers’ needs to develop new technologies and introduce new products.”

Annual report 2026A · The company itself

“To remain profitable and maintain or grow market share, the Company must maintain a competitive cost structure, develop new products and services, lead product innovation, successfully execute its platform design innovation and brand prioritization efforts, respond to competitor innovations and enhance its existing products in a timely manner.”

Annual report 2026A · The company itself

“Our employee population at December 31, 2025 decreased approximately 2% to approximately 52,000 employees, compared to December 31, 2024, primarily driven by our continued efforts to simplify our operations through organization design and technology and automation efforts.”

Annual report 2025A · The company itself

“Research and Development Our research and development activities have consisted of efforts to expand, develop, and improve our products and operating processes, including those at our recycled aluminum flat rolled products mill and Sinton Flat Roll Division, as well as our efforts to develop and improve renewable product alternatives, such as our biocarbon production facility.”

Annual report 2025A · The company itself

“We have undertaken various activities to incorporate Lean concepts and practices to more efficiently operate our business, including in-sourcing and smart manufacturing. We continue to look for opportunities to in-source production that is currently provided by third parties.”

Annual report 2026A · The company itself

“Similarly, we continue to invest in smart manufacturing to drive structural cost reduction in our facilities, including aligning work to more efficient manufacturing centers, implementing advanced manufacturing capabilities such as digital initiatives, automation and robots, and closing facilities that are not required to meet future capacity and work needs.”

Annual report 2026A · The company itself

“INDUSTRI I segmentet Industri ingår den operativa underkoncernen Galdax samt bolagen MittX aluminiumproffset och Trainparts. Galdax-koncernens verksamhet omfattar produktion med hög teknisk nivå av regummerade däck till tunga fordon (lastbilar och bussar) samt försäljning av dessa däck och även - i form av däckgrossist - av alla slags nyproducerade däck till tunga och lätta fordon samt av fälgar och diverse andra tillbehör.”

Annual report 2024A · The company itself

“Across our global network, we continued to implement our intelligent assets strategy to support enhanced real-time data exchange and visibility. Our next-generation Connected Worker project, including the introduction of a paperless workflow in the field, was successfully adopted at two terminals and will be rolled out further during 2025.”

Annual report 2024A · The company itself

“Smart bruk av data åpner for nye forretningsmuligheter og effektivitetsgevinster. Automatiseringsgraden øker stadig, noe som gir mer effektive prosesser, lavere kostnader, økt salg og høyere kundetilfredshet.”

Annual report 2024A · The company itself

“Vi vurderer disse avkarboniseringstiltakene som de viktigste: • Prioritere klimaomstilling i dialog med myndigheter, eierskapsstyring, kundedialog og leverandørsamarbeid • Fortsette å integrere avkarbonisering i investeringsbeslutninger og skalere opp løsningsinvesteringer • Sikre god intern virksomhetsstyring og insentiver for effektivisering og forbruksreduksjon • Løpende styrke Storebrands bærekraftkompetanse og utvikle bærekraftarbeidet Storebrands overordnede ambisjon er å bidra til å oppnå Paris-avtalen i tråd med internasjonal og etablert klimavitenskap.”

Annual report 2024A · The company itself

“I 2024 startet Storebrand Bank en satsning på robotprosessautomatisering (RPA). Vi har nå over 30 roboter i arbeid, og planlegger å utvikle flere enn 20 i 2025. Vi har oppnådd en automasjonsgrad på 25 prosent i våre banktjenester.”

Annual report 2024A · The company itself

“The digitalization of retail will continue to advance, with increased adoption of technologies such as AI, computer vision, robotics, automation, and retail media.”

Annual report 2024A · The company itself

“Online grocery shopping will be the fastest-growing channel in most markets, increasing the need for automation, order picking, and last-mile solutions.”

Annual report 2024A · The company itself

“Innovations that simplify customer journeys across multiple channels will also create new opportunities, with unmanned stores, vending machines, lockers, AI-powered self-checkouts, and smart scales emerging as relevant solutions.”

Annual report 2024A · The company itself

“Retailers are increasingly adopting automation and artificial intelligence to enhance efficiency and improve the customer experience through technologies such as electronic shelf labels, autonomous mobile robots, and AI-driven analytics.”

Annual report 2024A · The company itself

“At the same time, persistent inflation and economic pressures are driving a sharper focus on cost efficiency, prompting investments in automation, workforce optimization, and data-driven decision-making.”

Annual report 2024A · The company itself

“The demand for faster order fulfillment is rising, expanding beyond same-day delivery to near-instant solutions in urban markets. This has accelerated the adoption of micro-fulfillment centers, optimized last-mile logistics, and store-level solutions like click & collect and home delivery.”

Annual report 2024A · The company itself

“StrongPoint’s Order Picking Solution is designed to maximize efficiency and accuracy in grocery e-commerce fulfillment. Our market-leading technology enables faster, more accurate picking processes, significantly reducing labor costs while improving order accuracy.”

Annual report 2024A · The company itself

“StrongPoint has also delivered the world’s first multi-temperature AutoStore grid with frozen food capabilities, enabling efficient storage and processing of frozen, chilled, and ambient products within a compact, automated system.”

Annual report 2024A · The company itself

“Our existing competitors and new market entrants may respond more quickly to or integrate new or emerging technologies such as robotics, artificial intelligence (AI) and machine learning in their product offerings, undertake more extensive marketing campaigns, have greater access to clinical information to support ongoing product position in the market, have greater financial, marketing and other resources or be more successful in attracting potential customers, employees and strategic partners.”

Annual report 2025A · The company itself

“Our products are sold in approximately 61 countries through company-owned subsidiaries and branches as well as third-party dealers and distributors, and include surgical equipment and surgical navigation systems; endoscopic and communications systems; patient handling, emergency medical equipment and intensive care disposable products; clinical communication and artificial intelligence-assisted virtual care platform technology; products for traditional brain and open skullbased surgical procedures; minimally invasive products for the treatment of acute ischemic and hemorrhagic stroke and venous thromboembolism; implants used in joint replacement and trauma surgeries; Mako robotic-arm assisted technology; as well as other products used in a variety of medical specialties.”

Annual report 2025A · The company itself

“In 2025 we continued to expand the global footprint of Mako SmartRobotics, which is now available in more than 45 countries. To date, over one million robotic Mako Total Knee procedures and more than two million robotic procedures across Mako Total Knee, Mako Total Hip, and Mako Partial Knee have been performed worldwide.”

Annual report 2025A · The company itself

“Det pågår effektiviseringsinsatser inom koncernen, där vi i en digital omställning ska spara tid och resurser, för att ge mer utrymme för värdeskapande insatser.”

Annual report 2024A · The company itself

“The first phase focuses on resetting profitability through a comprehensive three-year Full Potential Program that captures improvement opportunities across all processes. The program, launched in early 2026, aims to unlock the full potential of our operations and to enhance competitiveness by systematically improving production efficiency, optimizing raw-material usage as well as strengthening commercial excellence and procurement.”

Annual report 2025A · The company itself

“Teknisk utveckling, nya kundbehov och höga krav på innovation medför stora krav på förändringsbenägenhet, innovationsförmåga och snabbrörlighet. I arbetet med detta spelar förmågan att attrahera och behålla eftersökta kompetenser avgörande förutsättningar för koncernens fortsatta expansion och resultat.”

Annual report 2024A · The company itself

“Varumärkesbolaget Svedbergs har fokuserat på att anpassa verksamheten till den lägre efterfrågan på den svenska, finska och danska marknaden. Ett viktigt steg i denna omställning har varit intrimningen av den nya träbearbetningslinan i Dalstorp, vilken ger kortare ledtider, ökad kapacitet och större flexibilitet i produktionen.”

Annual report 2024A · The company itself

“För att möta den ökade efterfrågan har produktionskapaciteten byggts ut med ny utrustning i Biddinghuizen, vilket effektiviserar både produktion och leveranstider.”

Annual report 2024A · The company itself

“Vid sidan av produktinnovation har vi fortsatt att utveckla våra produktionsanläggningar och stärkt vår kapacitet för anpassade och flexibla produktionslösningar. Investeringarna i automation och digitalisering möjliggör kortare ledtider, ökad precision och en mer hållbar resursanvändning.”

Annual report 2024A · The company itself

“Mkr % Mkr 2024 2023 2022 800 20 Fortsatt implementering av ny träbearbetningslina Total nettoomsättning 401,1 504,3 602,2 600 15 EBITA 16,8 4,3 58,6 12,2 98,6 17,3 Under året fortsatte intrimningen av ny träbearbetningslina i produktionsanläggningen i Dalstorp.”

Annual report 2024A · The company itself

“Mkr % Ökad flexibilitet och bättre service Macro Design gick i slutet av 2023 över till montering av badrumsmöbler i egen regi. Under 2024 har detta möjliggjort kortare ledtider, ökad flexibilitet och samleveranser av kompletta badrumslösningar.”

Annual report 2024A · The company itself

“För att möta en stark efterfrågan påbörjades bland annat installation av ny produktionsutrustning i Thebalux anläggning i Biddinghuizen. Installationen, som färdigställdes i början av 2025, innefattar en ny såg med tillhörande automatlager.”

Annual report 2024A · The company itself

“Synopsys enables its customers to realize the benefits of smart manufacturing by using advanced techniques in AI/ML and large data sets. These smart manufacturing solutions are built upon Synopsys’ extensive expertise in IC design, mask synthesis, process modeling, on-chip test and monitoring techniques and cloud-based data analytics.”

Annual report 2025A · The company itself

“Egna varumärken är en nyckelfaktor för att Synsam ska kunna möta alla kunders behov i olika prissegment med ett bredare sortiment. Etableringen av Synsams produktions- och innovationscenter möjliggör också en tydlig differentiering från konkurrenterna genom att Synsam kan erbjuda ett skräddarsytt sortiment som passar den nordiska kundbasen.”

Annual report 2024A · The company itself

“För att hantera bristen på licensierade optiker arbetar Synsam förebyggande med rekrytering och att vara den mest attraktiva arbetsgivaren inom branschen. Synsam tar även hjälp av ny teknik, nya processer och arbetssätt AKTIEN HÅLLBARHET BOKSLUT vid genomförandet av synundersökningar, vilket ökar optikerkapaciteten och förbättrar kundtillgängligheten.”

Annual report 2024A · The company itself

“Påskynda framtida kapacitet genom FoU-investeringar i nya teknologier inklusive luft- och sjöautonomi, distribuerade sensorsystem, cyberförsvar och avancerade vapensystem.”

Annual report 2024A · The company itself

“Saab fortsätter att utöka sina förmågor inom autonomi och obemannade system. Vi driver flera initiativ i nära samarbete med våra kunder inom autonomi i marin- och luftdomänerna, till exempel kopplat till verksamhet på havsbotten, drönarsvärmar och samverkan mellan bemannade och obemannade system.”

Annual report 2024A · The company itself

“Saab investerar kontinuerligt i forskning och utveckling och produktutveckling för att öka sin konkurrenskraft inom kärnområdena. Saab söker också efter innovativa samarbeten med kunder och partners för att driva innovation inom framtida förmågor såsom autonomi, distribuerade sensorsystem, cyberförsvar och rymd, och avancerade vapensystem.”

Annual report 2024A · The company itself

“Fokus för Saab är att leverera på våra kundåtaganden och möta den ökade efterfrågan genom en ökad kapacitet och effektivitet. Saab investerar därför i automatiserade produktionslinor och ökad digitalisering, och arbetar för att öka effektiviteten i alla delar av verksamheten och att korta ledtider.”

Annual report 2024A · The company itself

“Combitech bryter även ny mark inom sina kompetensområden genom ett fokus på Natokompatibilitet, applikationer, artificiell intelligens och, automatisering av anläggningar.”

Annual report 2024A · The company itself

“Det finns också risk att inte anamma den pågående snabba digitaliseringen, för teknikskiften, att nuvarande konkurrenter eller nya mer agila bolag utvecklar nya produkter eller teknologier, så kallade disruptive technologies, som kan medföra att Saabs produkter uppfattas som obsoleta. . • Saab investerar kontinuerligt i produktutveckling för att öka sin konkurrenskraft och satsar i framtida förmågeområden som autonoma system, distribuerade sensorsystem, cyberförsvar och rymd. • Snabbare demonstrera möjliga produkter inom utvalda områden. • Utnyttja digitalisering både i produkter och processer, mjukvaruutveckling samt AI. • Förvärv av och samarbeten med agila företag för att utnyttja gemensamma så kallade disruptive technologies.”

Annual report 2024A · The company itself

“Kilpailuetumme perustuu kokonaisvaltaiseen tulokulmaan, joka kattaa koko arvoketjun omien ohjelmistojen ja palvelun kautta. Tämä lähestyminen on vuosien varrella laajentanut osaamistamme tehden yrittäjän elämästä mahdollisimman helppoa, automatisoiden kirjanpitäjän rutiinit sekä mahdollistaen asiakkaista huolehtivan konseptoidun palvelun.”

Annual report 2024A · The company itself

“Vuonna 2025 fokuksemme on Ruotsin kannattavuuden parantamisessa oman ohjelmiston, prosessien ja ”ONE Talenom” parhaiden toimintamallien systemaattisemman jalkauttamisen avulla.”

Annual report 2024A · The company itself

“Talenomin ohjelmiston kilpailuetu perustuu yli kahden vuosikymmenen aikana kehitettyyn kokonaisuuteen, jossa on huomioitu koko arvoketju optimaalisella tavalla sekä lop - puasiakkaan helppokäyttöisyyden että tuottajan automaation näkökulmasta. Ohjelmisto on kehitetty tehokkaiden prosessien päälle, mistä osoituksena on Talenomin erinomainen kannattavuus Suomessa.”

Annual report 2024A · The company itself

“Päivitetyn strategian myötä uskomme kykenevämme kasvamaan skaalautuvammin sekä konseptoidun ONE Talenom - tilitoimistopalvelumallin että ohjelmistoliiketoiminnan kautta.”

Annual report 2024A · The company itself

“In addition, the continuous advancements in automation and artificial intelligence capabilities will continue to impact the skills required in our workforce, and our recruiting and training needs must evolve to maintain pace.”

Annual report 2026A · The company itself

“Beginning in 2025, we began a company-wide business transformation effort to increase speed and agility across the organization in support of our strategic priorities. This initiative is intended to simplify cross-functional ways of working, increase role clarity, leverage technology (including artificial intelligence) and data to enhance decision-making, and reduce costs.”

Annual report 2026A · The company itself

“we made a major investment in a new automated lacquering facility, marking a significant advancement in our manufacturing capabilities.”

Annual report 2025A · The company itself

“Investment in production capabilities In 2025, we made a major investment in a new automated lacquering facility, marking a significant advancement in our manufacturing capabilities. This state-of-the-art facility enables TCM Group to meet growing demand for lacquered kitchen products with superior quality, enhanced efficiency and an almost unlimited colour palette.”

Annual report 2025A · The company itself

“Investments Investments in property, plant and equipment amounted to DKK 16.5 million (2024: DKK 21.0 million) and mainly related to the investment in the new lacquering facility as well as various other minor modernisations within the factories. Investments in intangible assets amounted to DKK 34.3 million (2024: DKK 28.3 million) and related to the new Group-wide ERP platform, with the first wave expected to be rolled out in the first half of 2026.”

Annual report 2025A · The company itself

“Demand in the automation and connected living end market is dependent upon economic conditions, including customer investment in factory and warehouse automation, process control systems, and building automation and smart city infrastructure, as well as market conditions in the home appliances market.”

Annual report unknown yearA · The company itself

“We manufacture our products in over 25 countries worldwide. Our manufacturing sites focus on various aspects of our manufacturing processes, including our primary processes of stamping, plating, molding, extrusion, beaming, and 22 Table of Contents assembly.”

Annual report unknown yearA · The company itself

“Automation and connected living (27% of segment’s net sales)—Our products are used in factory and warehouse automation and process control systems such as industrial controls, robotics, human machine interface, industrial communication, and power distribution. Our building automation and smart city infrastructure products are used to connect lighting and offer solutions in HVAC, elevators/escalators, and security.”

Annual report unknown yearA · The company itself

“5G:n käyttöönottoon, pilvipohjaisiin arkkitehtuureihin sekä automaation lisääntyvään hyödyntämiseen operatiivisessa toiminnassa.”

Annual report 2025A · The company itself

“Vi letar ständigt efter nya sätt att leverera till våra konsumentoch företagskunder. Genom att förenkla och effektivisera vår verksamhet och vårt tekniska landskap, samt digitalisera våra processer och kundupplevelser, så kommer vi att skapa en kost - nadseffektiv och ändamålsenlig organisation.”

Annual report 2024A · The company itself

“Ett konkret fall, som är synligt för alla som bor i Stockholm, är världens första autonoma kommersiella passagerarfärja, som förlitar sig på vårt högpresterande 5G-nätverk för att kryssa mellan öar.”

Annual report 2024A · The company itself

“Tele2 och q-handelsplattformen foodora meddelade lanseringen av matleveranser med IoT- och 5G-uppkopplade drönare. Leveranserna kommer, där det är möjligt, att ske direkt till kundens bostad eller trädgård och sänkas ner med en kabel från drönaren.”

Annual report 2024A · The company itself

“Detta kompletteras av strängare leverantörskrav på materialeffektivitet och ansvarsfull materialförsörjning. • Under användningsfasen implementerar Tele2 cirkulära affärsmodeller, såsom leasing- och återtagsprogram, för att öka produktåteranvändning och främja en modulär och reparerbar design. • I sluthanteringsfasen säkerställer företaget ansvarsfull avfallshantering och återvinning av nätverksutrustning i enlighet med EU:s WEEE-direktiv.”

Annual report 2024A · The company itself

“Husqvarna is leveraging managed IoT connectivity delivered by Telenor Connexion to transform lawn care with its new range of robotic lawnmowers. The new fleet of mowers are always connected and able to receive updates and software upgrades.”

Annual report 2024A · The company itself

“I programmet ingår att implementera en verksamhetsmodell som är baserad på landsbaserade områden, samt en återställning av bolagets kostnadsbas genom att minska antalet positioner med 3 000.”

Annual report 2024A · The company itself

“I takt med att digitaliseringen fortsätter och hållbarhetsnyttan blir allt viktigare för Telias B2B-kunder fortsätter bolaget att skala upp sina IoT- och Data Insight-lösningar. Detta hjälper kunderna att öka effektiviteten och minska koldioxidutsläppen.”

Annual report 2024A · The company itself

“We believe that our technological position depends primarily on the technical competence and creative ability of our engineers. In a rapidly evolving market, such as ours, the development or acquisition of new technologies, commercialization of those technologies into products and market acceptance and customer demand for those products are critical to our success. In the electronics, semiconductor, and robotics industries, products are often replaced by more technologically advanced substitutes and, as demand for older technology falls, the price at which such products can be sold drops.”

Annual report 2025A · The company itself

“Capital equipment providers in the electronics, semiconductor industries and robotics, such as Teradyne, have, in the past, been negatively impacted by both sudden slowdowns in the global economies and recurring cyclicality within those industries.”

Annual report 2025A · The company itself

“We are also applying our artificial intelligence learnings from self-driving technology to Bots, such as Optimus, a general purpose, autonomous humanoid robot in development.”

Annual report 2025A · The company itself

“Growth of our business is also dependent upon our ability to develop and commercialize Bots, including Optimus, which is in a nascent industry that has yet to develop commercially. Table of Contents We currently are developing Bots, including Optimus, and intend for these products, as well as accompanying services, to be an important part of our business going forward.”

Annual report 2025A · The company itself

“Many of the imaging technologies applied are developed and refined in-house by a highly qualified employee base. We are increasingly using artificial intelligence and machine learning techniques to continuously improve the technology and reduce time-to-market.”

Annual report 2024A · The company itself

“We have identified integration synergies in the range of USD 110-130 million. The main items include personnel cost savings, refinancing debt to reduce interest expenses, improved vessel utilization from a larger and high-graded multi-client portfolio, and other costs such as office co-location, consolidated data management solutions and implementation of a more efficient ERP system.”

Annual report 2024A · The company itself

“By increasingly leveraging machine learning, high performance compute, cloud-based applications and strategic partnerships, we deliver superior data solutions and insights. TGS remains at the forefront, driving visionary excellence in the energy industry.”

Annual report 2024A · The company itself

“Tillverkningen i våra nio monteringsfabriker kännetecknas av ett kontinuerligt och systematiskt säkerhetsarbete med en nollvision kring skador och olyckor. Miljön är i hög grad automatiserad och kan hantera betydande svängningar i efterfrågan.”

Annual report 2023A · The company itself

“To address shifts in customer expectations, the company’s strategy emphasizes continuous innovation in key areas like cloud services, AI and automation.”

Annual report 2025A · The company itself

“Distribution We operate distribution centers encompassing approximately 31 million square feet in six countries. These centers are generally large, and built to suit our specific, off-price business model, with a combination of automated systems and manual processes to manage the variety of merchandise we acquire.”

Annual report 2026A · The company itself

“Revolution by transforming how we obtain, use, and reuse our world’s resources Publicly listed on Oslo Stock Exchange (OSE: TOM) Installations 113,700 machines Employees 5,300 globally Revenue 5% growth Revenue 1.35 billion EUR EBITA adj.”

Annual report 2024A · The company itself

“We continue to invest in technologies that enhance both customer and team member experiences, including data analytics, automation, and the responsible use of artificial intelligence. These tools support operational efficiency, strengthen our digital platforms, and improve fulfillment capabilities across our integrated network.”

Annual report 2025A · The company itself

“We also invest in information technology and implement and assess capabilities such as computer vision, automation, advanced analytics, and the responsible use of artificial intelligence. We evaluate additional emerging technologies, including robotics, robotic process automation, and edge computing, as potential tools to improve operational efficiency.”

Annual report 2025A · The company itself

“We continue to make significant technology investments in our supply chain. These initiatives are designed to streamline our distribution process so that we can optimize the delivery of goods and services to our stores, distribution facilities, and customers in a timely manner and at a reasonable cost.”

Annual report 2025A · The company itself

“Our investments continue to improve manufacturing productivity, expand capacity, reduce costs, provide environmental enhancements, upgrade information technology infrastructure and security and advanced technologies for existing facilities.”

Annual report 2025A · The company itself

“For example, technologies such as driverless vehicles, assisted-driving or accident prevention technologies, technologies that facilitate ride, car or home sharing, smart homes or automation could reduce the number of vehicles in use and/or the demand for, or profitability of, certain of our products, create coverage issues or impact the frequency or severity of losses, and we may not be able to respond effectively.”

Annual report 2025A · The company itself

“In recent years, the Company has invested significant additional resources in many of its claims handling operations, including digital, analytics, artificial intelligence and automation capabilities.”

Annual report 2025A · The company itself

“To lead the industry's AI transformation, we support autonomous logistics where agents collaborate via APIs to solve complex problems with minimal oversight. Delivered through our Via brand and powered by our proprietary data, these solutions 5 Table of Contents automate mission-critical workflows—such as order intake and carrier vetting—to provide predictive insights that unlock significant productivity and operational advantages for our customers.”

Annual report 2026A · The company itself

“Försämringen av rörelsemarginalen jämfört med föregående år hänförs till lägre volymer, fortsatta investeringar i digitala lösningar som ska underlätta för våra kunder och vår säljkår, satsningar i sälj- och utvecklingspersonal i Nya Marknader och ”aktiva säkerhetslösningar” som förväntas bidra till Troax långsiktiga tillväxt, samt ökade förvärvsrelaterade avskrivningar av immateriella anläggningstillgångar från förvärv gjorda under 2023 och 2024.”

Annual report 2024A · The company itself

“INVESTERINGAR Troax-koncernen investerar fortlöpande i underhåll av produktionsenheter och produktionsutrustning. I tillägg till underhållsinvesteringar genomförs investeringar för att expandera eller uppgradera produktionsenheterna som syftar till att öka produktiviteten och/eller kapaciteten. Under räkenskapsåret 2024 avser investeringar i materiella anläggningstillgångar i huvudsak ett antal investeringar för att utöka kapaciteten främst i Sverige och Polen.”

Annual report 2024A · The company itself

“Troax Group AB koncernen (nedan benämnt ”Troax” ) är en internationell koncern som tillhandahåller säkerhetslösningar för tillverkning, lager och förråd. Vårt fokus är lösningar för säkrare inomhusmiljöer i tillverkning och lagermiljöer för att skydda produktiviteten i de industriella processerna och de människor som arbetar där.”

Annual report 2024A · The company itself

“Continued migration of clients to our SaaS products and consolidation of versions of on-premises software products with support obligations could decrease support costs with resources redeployed toward development.”

Annual report 2025A · The company itself

“Align Its Foundation for Future Success ​ To successfully achieve its long-term growth ambitions, build upon its leadership position, and deliver value to stakeholders, the Company is focused on optimizing its ways of working, streamlining its cost structure, and cultivating an engaging, associate-centered culture. This work includes organizational and process changes to accelerate decision-making, remove friction, and align teams and resources around guest-centric goals.”

Annual report 2026A · The company itself

“Supply chain ​ The Company aims to develop and operate a dynamic and agile end-to-end supply chain that supports operational efficiency, performance, and guest experience and fuels organizational growth effectively. This includes enhanced systems and processes as well as a modernized distribution center network to support new store and e-commerce growth.”

Annual report 2026A · The company itself

“Any of the following could also affect the competitiveness of our transportation services for some or all of our commodities, which could have a material adverse effect on our results of operations, financial condition, and liquidity: (a) improvements or expenditures materially increasing the quality or reducing the costs of these alternative modes of transportation, such as autonomous or more fuel efficient trucks, (b) legislation that eliminates or significantly increases the existing size or weight limitations applied to motor carriers, or (c) legislation or regulatory changes that impose operating restrictions or requirements on railroads or that adversely affect the profitability of some or all railroad traffic.”

Annual report 2025A · The company itself

“Innovation Driven is our focus on leveraging technology to optimize the volume that flows through our network. We continually seek to improve the productivity and efficiency of our global integrated network by using technology to move from a scanning to a sensing network, including using RFID technology in our Smart Package Smart Facilities initiative.”

Annual report 2025A · The company itself

“Our fleet team's analyses are aligned with these objectives to identify trends in equipment categories and define action plans that can generate improved returns; •A continued focus on “Lean” management techniques, including kaizen processes focused on continuous improvement. We have a dedicated team responsible for reducing waste in our operational processes, with the objectives of: condensing the cycle time associated with preparing equipment for rent; optimizing our resources for delivery and pickup of equipment; improving the effectiveness and efficiency of our repair and maintenance operations; and implementing customer service best practices; •The continued expansion and cross-selling of adjacent specialty and services products, which enables us to provide a “one-stop” shop for our customers.”

Annual report 2025A · The company itself

“The construction of Vaisala’s new automated logistics center in Vantaa, Finland, which began in 2024, was completed in the third quarter 2025. The investment amounted to EUR 8.3 million. The new logistics center was gradually taken in use during the fourth quarter.”

Annual report 2025A · The company itself

“With new automation technology, the facility centralizes Vaisala’s logistics operations in Finland, doubling the logistics capacity and ensuring fast and efficient deliveries to customers around the world. Operations continued advancing the Smart Factory concept focusing on scalability, increasing automation, and building new data capabilities.”

Annual report 2025A · The company itself

“En utökad elektrifiering, automatisering och digitalisering inom VBG Groups branscher, i kombination med ökade miljöoch säkerhetskrav ställer både nya och högre förväntningar på VBG Group som koncern. Vi arbetar aktivt med utveckling och anpassning av våra produkt- och system lösningar för att möta rådande drivkrafter och omvärlds förändringar.”

Annual report 2024A · The company itself

“Vidare har den starka tillväxten inom e-handel bidragit positivt till divisionens affär då Ringfeder Power Transmissions kundanpassade lösningar finns i de stora automatiserade lagren som e-handeln använder.”

Annual report 2024A · The company itself

“Our long-term success depends on our ability to implement business transformation initiatives and achieve their anticipated benefits. We have been and will be undertaking various business transformation initiatives intended to reduce costs, drive efficiencies, streamline our operations, enhance customer experience, and improve our competitive position. These initiatives require making substantial investments in our strategic areas of focus, integrating rapidly evolving technologies, including AI, and optimizing our business and organizational structure.”

Annual report 2025A · The company itself

“Other Trends In 2026, we expect to focus on our strategic growth areas - mobility and broadband, and plan to continue to rationalize our product portfolio, implement operational efficiencies and leverage the latest technological and digital capabilities. We are focused on achieving profitable growth as we continue to deliver strong revenues and undertake transformation initiatives to reduce costs and improve efficiencies, including through AI-driven technologies.”

Annual report 2025A · The company itself

“These applications are growing in their need for intelligent infrastructure and may be regulated or need to satisfy some level of compliance. The growth in this area generally aligns with changes in gross domestic product, and can be further driven by increased automation and digitalization in both light and heavy industrial application environments.”

Annual report 2025A · The company itself

“As the scale and complexity of offshore projects grow, so does the need for precise internal coordination. Execution is affected by delays in production capacity ramp-up, quality control issues during scaling, and supply chain disruptions.”

Annual report 2025A · The company itself

“We have taken considerable steps to unlock efficiencies in our production and delivery of the V236- 15.0 MW™ turbine, looking to meet our customers’ needs in a financially sustainable way.”

Annual report 2025A · The company itself

“Viatris has designed its global operations and supply chain to be a reliable and flexible partner for access across the world, constantly adapting to an ever-evolving landscape. Viatris owns 27 manufacturing, packaging, and distribution sites worldwide that produce oral solid doses, injectables, and products with complex dosage forms on five different continents.”

Annual report 2025A · The company itself

“Our focus in 2025 is to further increase the technical capacity and transform the additional volume into sales.”

Annual report 2024A · The company itself

“A significant number of our facilities were constructed many years ago. Older generation equipment, even if maintained or refurbished in accordance with good engineering practices, may require significant capital expenditures to operate at peak efficiency or reliability.”

Annual report 2025A · The company itself

“Till exempel har AI och robotar fått ökad betydelse för nya tjänster som automatiserar och effektiviserar mäklarnas arbete. Det är viktigt för oss att ligga i takt med tekniken och kundernas behov, säger Marion.”

Annual report 2024A · The company itself

“En heltäckande portfölj för att uppfylla klinikernas behov Med vår omfattande portfölj av medicintekniska produkter av hög kvalitet och nyskapande genetiska testlösningar har vi en unik position för att kunna uppfylla klinikernas behov av automatisering, standardisering och digitalisering. Läs mer om Strategisk priorite - ring 1 och Strategisk prioritering 2 på sidan 32 och 34 om hur kombinationen av hela vår portfölj kan ge klinikerna ytterligare fördelar.”

Annual report 2024A · The company itself

“Consumables: Automatisering utan att göra avkall på kvaliteten Vår förvandlingsresa mot en mer automatiserad produktionsprocess går enligt planerna. Vi har, i nära samarbete med ett utvalt antal leverantörer, skrivit kontrakt för automatise - rade system som kommer att implementeras under 2025.”

Annual report 2024A · The company itself

“Fokuset på operational excellence kvarstår som en viktig prioritet, för att med tiden kunna minska kostnaden per prov genom kontinuer - liga uppgraderingar och automatisering av våra plattformar för laboratiorieteknik.”