Rare earths and critical raw materials

“Restrictions on international trade can increase the cost or limit the availability of the Company’s products and the components and rare earths and other raw materials that go into them.”

Annual report 2025A · The company itself

“Ukraine and Russia are significant global producers of raw materials used in our supply chain, including copper, aluminum, palladium and neon gases. Disruptions in the supply and volatility in the price of these materials and other inputs produced by Ukraine or Russia, including increased logistics costs and longer transit times, could adversely impact our business and results of operations.”

Annual report 2025A · The company itself

“rare earth metals for magnets in speaker drivers, and materials for lithium-ion batteries, create risks related to availability, cost volatility”

Annual report 2026A · The company itself

“The increasing complexity of global supply chains, combined with geopolitical tensions, structural shifts in the technology component landscape, and acute constraints in the global memory chip (RAM) market  driven by data centre demand  means that securing reliable access to critical components is an operational and strategic priority. 17BRisk 18BThere is a risk that Bang & Olufsen is unable to secure timely access to critical components required for manufacturing. Global RAM shortages impact production continuity, product launch timelines, the company's ability to meet product demand or require costly spot market sourcing.”

Annual report 2026A · The company itself

“Several raw materials used in PCC products, including certain metals such as nickel, titanium, cobalt, tantalum, hafnium, vanadium, rhenium and molybdenum, are found in only a few parts of the world. These metals are required for the alloys used in manufactured products. The availability and costs of these metals may be influenced by private or governmental cartels, changes in world politics, labor relations between the metal producers and their workforces and inflation.”

Annual report unknown yearA · The company itself

“Cemented tungsten carbide powder is the main raw material used in manufacturing cutting tools. Most of IMC’s insert products are made from tungsten.”

Annual report unknown yearA · The company itself

“China maintains significant control over the majority of rare earth elements, which are essential elements in many electronic devices. Should China reinstate its export ban on rare earth elements or take other actions that restrict U.S. supply of these minerals, it would impact both the consumer electronics we sell and our business’s underlying technological infrastructure.”

Annual report 2026A · The company itself

“Potential challenges in the global availability of key technologies and components and in obtaining necessary export permits may affect the progress of customer projects and the ability to deliver products.”

Annual report 2025A · The company itself

“Carbon pricing mechanisms such as EU ETS and CBAM can increase operational costs and cost of purchased goods and services. operations Increased demand for critical raw materials due to the clean energy transition can increase prices.”

Annual report 2024A · The company itself

“Borgestad primarily uses andalusite, bauxite, mullite, chamotte and clay in its production process. The inflow of these materials is listed in table 4.”

Annual report 2024A · The company itself

“As Borgestad and the suppliers the Company purchases traded refractory goods from are reliant on a few raw material suppliers that dominate the global market, looking into the upstream value chain for raw material production was particularly important.”

Annual report 2024A · The company itself

“We purchase a significant amount of the materials, including components, used in our products from a limited number of suppliers. Our manufacturing processes and those of our CMs rely on many materials, including silicon, gallium arsenide and indium phosphide (“InP”) wafers, copper lead frames, precious and rare earth metals, mold compound, ceramic packages and various chemicals and gases. During fiscal year 2025, we purchased approximately two-thirds of our manufacturing materials from five materials suppliers, some of which are single source suppliers.”

Annual report 2025A · The company itself

“Various adopted or proposed regulations and customer requirements could also adversely affect the sourcing, availability and pricing of minerals and materials used in or for the manufacture of semiconductor products. As a result, we may face difficulties in satisfying our customers’ demands, which may harm our revenue and results of operations.”

Annual report 2025A · The company itself

“Significant technological changes, shifting customer needs, the emergence of competitive products with new capabilities, general economic conditions worldwide, the ability to safeguard patents and other intellectual property (“IP”) in a rapidly evolving market and reliance on third-party wafer fabricators, assembly and test subcontractors and independent distributors and other factors could affect our financial results.”

Annual report 2025A · The company itself

“•We depend on highly complex manufacturing processes that require strategic materials, components, and products from limited sources of supply. •Increases in commodity prices and diminished availability of rare earth minerals and noble gases may adversely affect our results of operations and financial condition. •We purchase a significant amount of the materials and components used in our products from a limited number of suppliers. •Cybersecurity attacks and incidents and other vulnerabilities could subject us to costly damages, claims and expenses, harm to our reputation or competitive position, or disrupt our operations and business. •We may be adversely impacted by any of the multiple uncertainties and outcomes associated with the use and evolution of AI. •Natural disasters or other global or regional catastrophic events could disrupt our operations, give rise to substantial environmental hazards, and adversely affect our results.”

Annual report 2026A · The company itself

“Although rare earth and other materials are generally available from multiple suppliers, China is the predominant producer of certain of these materials. In 2024, China imposed export restrictions on certain rare earth minerals such as yttrium and germanium, which disrupted and may continue to disrupt global supply chains, driving up costs.”

Annual report 2026A · The company itself

“In addition, the U.S. government has initiated investigations under Section 232 of the Trade Expansion Act of 1962 to evaluate whether additional tariffs may be necessary on certain commodities, including semiconductors, critical minerals, and derivative electronics products, on national-security grounds, and upon completion of these investigations the President may direct the imposition of additional tariffs on these or other commodities.”

Annual report 2026A · The company itself

“However, in the Industrial segment, we currently purchase several key components and materials used in the manufacture of our products, including exotic materials, crystals, and optics, from sole-source or limited-source suppliers.”

Annual report 2026A · The company itself

“We use rare-earth materials in some of our production processes.”

Annual report 2026A · The company itself

“We use rare earth minerals and produce and use high-purity and relatively uncommon materials and compounds to manufacture our products, including, but not limited to, ZnS, GaAs, yttrium aluminum garnet, yttrium lithium fluoride, calcium fluoride, germanium, selenium, telluride, Bi2Te3, and SiC.”

Annual report 2026A · The company itself

“Increases in commodity prices and diminished availability of rare earth minerals and noble gases may adversely affect our results of operations and financial condition. We are exposed to a variety of market risks, including the effects of increases in commodity prices and diminished availability of rare earth minerals and noble gases.”

Annual report 2026A · The company itself

“We purchase a significant amount of the materials and components used in our products from a limited number of suppliers. Our manufacturing processes and those of our contract manufacturers rely on many materials, including precious and rare earth metals, indium phosphide (“InP”) and certain lasers and laser components that may be difficult to source, may only be available from a single or limited number of suppliers.”

Annual report 2026A · The company itself

“Entergy’s ability to purchase nuclear fuel at reasonably predictable prices, however, depends upon the performance reliability of uranium miners, including their ability to work through supply disruptions caused by global events, such as the COVID-19 pandemic, or national events, such as political disruption, or trade-related governmental actions, such as tariffs and other measures.”

Annual report 2025A · The company itself

“Entergy’s ability to assure nuclear fuel supply also depends upon the performance reliability of conversion, enrichment, and fabrication services providers. There are fewer of these providers than for uranium. For conversion and enrichment services, Entergy diversifies its supply by supplier and country and may take special measures as needed to ensure supply of enriched uranium for the reliable fabrication of nuclear fuel.”

Annual report 2025A · The company itself

“The nuclear fuel cycle consists of the following: •mining and milling of uranium ore to produce a concentrate; •conversion of the concentrate to uranium hexafluoride gas; •enrichment of the uranium hexafluoride gas; •fabrication of nuclear fuel assemblies for use in fueling nuclear reactors; and •disposal of spent fuel. The Registrant Subsidiaries that own nuclear plants, Entergy Arkansas, Entergy Louisiana, and System Energy, are responsible through a shared regulated uranium pool for contracts to acquire nuclear material to be used in fueling Entergy’s Utility nuclear units. These companies own the materials and services in this shared regulated uranium pool on a pro rata fractional basis determined by the nuclear generation capability of each company.”

Annual report 2025A · The company itself

“Based upon currently planned fuel cycles, the Utility nuclear units have a diversified portfolio of contracts and inventory that provides substantially adequate nuclear fuel materials and conversion and enrichment services at what Entergy believes are reasonably predictable or fixed prices through 2029.”

Annual report 2025A · The company itself

“Tillverkning av anläggningar för produktion av el från förnybar energi är beroende av olika metaller, exempelvis sällsynta jordartsmetal ler för magneter i vindkraftverk, koppar för överföringskablar och litium för batterier.”

Annual report 2024A · The company itself

“Branschtypiska risker finns vid utvinning och förädling av råmaterial för produktion av vindkraftverk, solcellspaneler och batterier. De sociala utmaningar som lyfts fram är bland annat osäker arbetsmiljö och att urfolks rättigheter inte respekteras. Ytterligare exempel är tvångsarbete och barnarbete då merparten av världens utvinning av vissa metaller som krävs i produktionen sker i Kina och Kongo, länder där det finns en känd problematik kring dessa frågor.”

Annual report 2024A · The company itself

“Business Strategy Advanced Module Technology Our current module semiconductor structure is a single-junction polycrystalline thin film that uses CdTe as the absorption layer. CdTe has absorption properties that are well matched to the solar spectrum and can deliver competitive performance using approximately 2% to 3% of the amount of semiconductor material used to manufacture conventional crystalline silicon modules.”

Annual report 2025A · The company itself

“Table of Contents •Several of our key raw materials and components, in particular CdTe, tellurium, products containing tellurium, and substrate glass, and manufacturing equipment are either single-sourced or sourced from a limited number of suppliers, and their failure to perform could cause manufacturing delays, especially as we expand or seek to expand our business, and/or impair our ability to deliver solar modules to customers in the required quality and quantities and at a price that is profitable to us. •Our failure to effectively manage module manufacturing and related costs, including costs related to raw materials and logistics services, could render our solar modules uncompetitive and reduce our net sales, profitability, and/or market share. •Our future success depends on our ability to effectively balance manufacturing production with market demand, effectively manage our cost per watt, and, when necessary, continue to build new manufacturing plants over time in response to market demand, all of which are subject to risks and uncertainties.”

Annual report 2025A · The company itself

“In February 2025, China announced that it would tighten export controls for five key minerals, including products containing tellurium, which is one of the main components of our CdTe modules. Although tellurium and products containing tellurium are sourced globally, China is a major global producer of tellurium and products containing tellurium.”

Annual report 2025A · The company itself

“We have committed and expect to continue to commit significant working capital to purchase various raw materials used in our module manufacturing process. Our failure to obtain raw materials and components that meet our quality, quantity, and cost requirements in a timely manner could increase our manufacturing costs or interrupt or impair our ability to manufacture our solar modules.”

Annual report 2025A · The company itself

“Commodity and Component Risk Some of our raw materials and components are sourced from a limited number of suppliers or a single supplier. Although we may enter into long-term supply contracts for certain raw materials and components, we may be exposed to price changes for certain raw materials and components used to manufacture our solar modules for which we are unable to secure long-term supply contracts or for which our demand exceeds our committed supply.”

Annual report 2025A · The company itself

“Our cost competitiveness is based in large part on our advanced thin film semiconductor technology, module wattage, proprietary manufacturing process (which enables us to produce a CdTe module in a matter of hours using a continuous and highly automated industrial manufacturing process, as opposed to a batch process), and focus on operational excellence. In addition, our CdTe modules use approximately 2% to 3% of the amount of semiconductor material that is used to manufacture conventional crystalline silicon solar modules.”

Annual report 2025A · The company itself

“While market conditions for large mining projects are expected to remain uncertain in the near term, we remain encouraged by the mining industry’s long-term growth drivers, including sustained demand for critical minerals, the increasing complexity of mining operations, and the ongoing need for efficiency and productivity improvements.”

Annual report 2025A · The company itself

“The road to carbon-neutral emissions requires an extraordinary increase in the supply of minerals essential to the energy transition, including copper, lithium, nickel and cobalt.”

Annual report 2025A · The company itself

“In addition, instability in the supply chain exacerbated by tariffs and other industry concerns, such as China’s restriction on the export of rare earth minerals and various components, has resulted in production disruptions and increased costs and heightens the risk of future production disruptions and further cost increases.”

Annual report 2025A · The company itself

“For the manufacture of our electrified products, we are dependent on the supply of batteries and the raw materials (e.g., lithium, cobalt, and nickel) used by our suppliers to produce those batteries. Some of these resources are limited, and, as a result, we may be unable to acquire raw materials needed for our products in sufficient amounts that are responsibly sourced or at reasonable prices.”

Annual report 2025A · The company itself

“For example, China’s restriction on the export of rare earth minerals, which we and our suppliers utilize for a number of components, has impacted (e.g., rescheduling production, changing operating patterns) and caused disruptions in our production operations, increases the risk of future production disruptions, and has increased and may further increase costs (e.g., premium freight and expedited shipping costs to make up for delays in component availability).”

Annual report 2025A · The company itself

“As a result of the competition for and limited availability of the raw materials needed for our electrified vehicle business, the costs of such materials are difficult to accurately forecast as they may fluctuate during the term of the offtake agreements and other long-term purchase contracts based on market conditions. Accordingly, we may be subject to increases in the prices we pay for those raw materials, and our ability to recoup such costs through increased pricing to our customers may be limited.”

Annual report 2025A · The company itself

“As described in the Liquidity and Capital Resources section in Item 7 below, and elsewhere herein, we have entered into and we may, in the future, enter into offtake agreements and other long-term purchase contracts that obligate us, subject to certain conditions such as quality or minimum output, to purchase a certain percentage or minimum amount of output from certain raw materials suppliers. In the event the supplier under those agreements or any of our or our suppliers’ raw material supply contracts is unable to deliver sufficient quantities of raw materials needed for our or our suppliers’ production operations, e.g., if a mine does not produce at expected levels, or the raw materials do not otherwise satisfy our requirements, and we or our suppliers are unable to find an alternative resource that satisfies our technical requirements and with sufficient quantities, at reasonable prices, responsibly sourced, and in a timely manner, it could impact our ability to manufacture products.”

Annual report 2025A · The company itself

“We rely upon supplies of certain raw materials including helium, iodine, and rare earth minerals. Worldwide demand, availability, and pricing of these raw materials have been volatile, and we expect that availability and pricing will continue to fluctuate in the future. If supply of these materials is restricted or if prices increase, this could constrain our manufacturing of affected products, reduce our profit margins, or otherwise adversely affect our business, our customers, and patients who may rely on our products.”

Annual report 2025A · The company itself

“Significant supply chain and logistics disruptions, including volatility in the cost or availability of critical materials and components, could delay or impact our ability to deliver on customer obligations, increase costs, and expose us to contractual and reputational risks. We rely on third-party suppliers, contract manufacturers, service providers, and commodity markets for raw materials, parts, components, and subsystems.”

Annual report 2025A · The company itself

“Certain inputs are limited or sole-sourced, concentrated with a small number of suppliers, or primarily available from a single country, including semiconductor chips and critical materials (such as specialty metals and rare earths).”

Annual report 2025A · The company itself

“In Nuclear Power, we have an agreement with a customer for the deployment of small modular nuclear reactor (SMR) technology, making it the first commercial contract of its kind in North America.”

Annual report 2025A · The company itself

“The costs of certain raw materials (including, but not limited to, nickel, titanium, aluminum, cobalt, and superalloy materials) necessary for the manufacture of Howmet’s products and other manufacturing and operating costs are influenced by market forces, including inflation, supply and demand, and shortages.”

Annual report 2025A · The company itself

“For certain raw materials and services, we depend on a number of limited source or sole source suppliers, such as for titanium sponge and specialized metal alloys.”

Annual report 2025A · The company itself

“We source various critical semiconductor development and manufacturing tools and materials, including rare earth elements, minerals and metals, from multiple suppliers. In some cases, however, we are reliant upon sole-source providers, such as with the EUV lithography tools manufactured by ASML that are required for leading-edge process technologies, or providers that are substantially concentrated in a single country, such as with certain rare earth minerals critical to the functioning of a range of technology products and processes where China is the primary source of global supply.”

Annual report 2025A · The company itself

“For example, in 2025, the Chinese government announced export controls and licensing requirements applicable to certain products containing Chinese-origin rare earth elements and may implement additional controls in the future. Rare earth elements are critical to certain components contained in our products, and China is a predominant producer of these materials. If implemented in their current or a similar form, these measures may require us to obtain export licenses for certain of our products, and we may further experience supply chain disruptions as a result of limited availability of critical materials and minerals due to the restrictions.”

Annual report 2025A · The company itself

“Samalla luonnonvarojen niukkuus yhdistettynä vähäpäästöisten teknologioiden kasvavaan kysyntään voi vaikuttaa tärkeiden tuotantomateriaalien tarjontaan ja kustannuksiin.”

Annual report 2025A · The company itself

“Markkinoihin kohdistuu riskejä, jotka johtuvat akkujen rajallisesta saatavuudesta ja mahdollisesta hinnannoususta sekä suuresta Kiinariippuvuudesta harvinaisten maametallien saamisessa.”

Annual report 2025A · The company itself

“In April 2025, the Chinese government imposed export controls on seven of the seventeen elements classified as rare earth elements. In October 2025, the Chinese government imposed additional restrictions and licensing requirements on certain rare earth elements, some of which became effective immediately on the announcement date and other portions of the regulations became effective in November 2025. The Chinese government imposed export controls on an additional five rare earth elements and certain license requirements for items made outside of China that incorporate controlled rare earth elements.”

Annual report 2026A · The company itself

“Rare earth elements are critical to certain components contained in our products. If our suppliers are unable to provide the components necessary to make our products because of restrictions placed on their access to rare earth elements or products derived from rare earth elements, our business, financial condition and results of operations could be materially harmed.”

Annual report 2026A · The company itself

“Additionally, certain materials are primarily available in a limited number of countries, including rare earth elements, minerals, and metals. The supplies, equipment, raw materials, and other inputs necessary for the businesses of our customers and other downstream parties could become more difficult to obtain for various reasons, including, but not limited to, business interruptions of suppliers, reduced availability of labor, transit disruptions, consolidation in their supply chain, export controls, sanctions, trade restrictions, tariffs, geopolitical tensions, economic circumstances, conflict, or political conditions. If the ability of downstream parties to source the inputs needed to produce their products is impaired, then demand for our products may be adversely impacted.”

Annual report 2026A · The company itself

“For example, China is the primary source of supply of certain rare earth elements critical to the manufacture of certain of our products. The Chinese government has imposed export controls and license requirements on certain rare earth elements and on certain products that contain Chinese-origin rare earth elements that are manufactured outside of China (which have been suspended in part until November 2026 (unless extended)) and could expand such controls or licensing requirements in the future. Such measures could delay or prevent our suppliers from sourcing the materials, or producing the components, required for us to manufacture our products, and increase the costs of such materials or components.”

Annual report 2026A · The company itself

“For example, China imposed new export control measures affecting exports of rare earth metals and other critical minerals, limiting our ability to access these materials, which may limit our ability to produce products, increase our selling and/or manufacturing costs, decrease margins, reduce the competitiveness of our products, reduce customer demand for our products, or inhibit our ability to sell products or purchase necessary equipment and supplies.”

Annual report 2026A · The company itself

“We are also subject to risk from increasing or fluctuating market prices of certain raw materials, which are incorporated into our end products or used by our suppliers to manufacture our end products. Supplies for such raw materials have from time to time become restricted, or general market factors and conditions have in the past affected and may in the future affect pricing of such commodities (including, in particular, due to changes in applicable tariffs, inflation, trade restrictions, or other supply chain constraints). For example, China’s export controls affected the availability and price of rare earth metals and other critical minerals for us as well as our supply chain and customers, adversely affecting our operations, margins and sales.”

Annual report 2026A · The company itself

“Zinc production for the year was an annual record for the operation primarily due to record throughput as a result of the zinc expansion project, although slightly below the most recently disclosed annual production guidance range.”

Annual report 2024A · The company itself

“Gross Profit Gross profit for the quarter was higher than in the prior year comparable period primarily due to higher realized zinc prices, lower treatment and refining charges and lower production costs. Gross profit for the year was higher than in the prior year comparable period primarily due to higher realized zinc and copper prices, lower treatment and refining charges and higher zinc and lead sales volume.”

Annual report 2024A · The company itself

“If market prices for metals fall below the Company’s full production costs and remain at such levels for any sustained period of time, the Company may experience losses and may decide to discontinue mining operations or development of a project at one or more of its properties. If the prices drop significantly, the economic prospects of the mines and projects in which 50 the Company has an interest could be significantly reduced or rendered uneconomic, in which case the Company may need to restate its Mineral Resource and Mineral Reserve estimates.”

Annual report 2024A · The company itself

“Revenue in 2024 benefited from increased realized copper and gold prices, combined with record production of 369,067 tonnes of copper, record production of 191,704 tonnes of zinc, and 158 thousand ounces ("koz") of gold, which achieved the Company's most recently disclosed annual guidance for these metals.”

Annual report 2024A · The company itself

“Eagle (100% owned): Eagle produced 7,486 tonnes of nickel and 6,366 tonnes of copper during the year.”

Annual report 2024A · The company itself

“Caserones (Chile) Caserones is an open pit copper-molybdenum mine which produces high-quality copper concentrate, copper cathode and molybdenum concentrate.”

Annual report 2024A · The company itself

“Eagle (USA) The Eagle mine consists of the Eagle underground mine, located approximately 53 km northwest of Marquette, Michigan, U.S.A. and the Humboldt mill, located 61 km west of Marquette. The plant has a processing capacity of 0.7 mtpa, producing nickel and copper in concentrates. The primary metal is nickel with copper, and minor amounts of cobalt, gold, and platinum-group metals as by-product metals.”

Annual report 2024A · The company itself

“The primary metal is copper, with zinc, lead and silver as by-product metals.”

Annual report 2024A · The company itself

“These charges are recorded in net earnings (loss) from discontinued operations 32 Zinkgruvan (Sweden) The Zinkgruvan mine consists of an underground mine and on-site processing facilities, located approximately 200 km southwest of Stockholm, Sweden. The plant has processing capacity of 1.6 mtpa. Products are zinc, lead and copper concentrates. The primary metal is zinc, with lead, silver and copper as by-products.”

Annual report 2024A · The company itself

“Rising raw material costs and availability challenges further increase the need for sustainable and circular solutions.”

Annual report 2025A · The company itself

“Acquisition of Swiss Tower Minerals On April 2, Metso completed the acquisition of its long-time partner Swiss Tower Mills Minerals AG (STM), of which it previously had a 15% minority ownership. The acquisition further strengthened Metso's position as a leading provider of crushing and grinding solutions for the mining industry.”

Annual report 2025A · The company itself

“Metso is well-positioned in the fastest-growing metals and critical minerals, such as nickel, copper, lithium, zinc and manganese, with a comprehensive equipment and aftermarket offering and strong capabilities in full flowsheet offering.”

Annual report 2025A · The company itself

“In the rapidly growing battery industry, Metso is well positioned to offer sustainable technology and equipment, covering e.g. lithium and nickel production, with project scopes ranging from equipment packages to complete plant deliveries, covering the entire value chain from mine to battery materials, as well as black mass recycling.”

Annual report 2025A · The company itself

“Metso’s products and services are used in the aggregates, minerals processing and metals refining industries that produce critical raw materials.”

Annual report 2025A · The company itself

“China is a predominant producer of many rare earth materials essential to the global electronics industry. In 2025, China imposed and later expanded export restrictions and licensing requirements on certain rare earth elements and related magnets.”

Annual report 2026A · The company itself

“Limited access to these materials could impair our ability to manufacture certain products, increase our production costs, or reduce our competitiveness relative to manufacturers with alternative supply sources.”

Annual report 2026A · The company itself

“Further changes in trade policy, tariffs, additional taxes, or restrictions on supplies, 19 Table of Contents equipment, and raw materials including rare earth minerals, may limit our ability to produce products, increase our selling and/or manufacturing costs, decrease margins, reduce the competitiveness of our products, or inhibit our ability to sell products or purchase necessary equipment and supplies, which could have a material adverse effect on our business, results of operations, or financial conditions.”

Annual report 2026A · The company itself

“Further changes in trade or national security protection policy, tariffs, additional taxes, restrictions on exports or other trade barriers, including those taken against the U.S. in retaliation for U.S. policies, may limit our ability to obtain equipment, components or raw materials (including rare earth minerals), limit our ability to produce products, increase our selling and/or manufacturing costs, decrease margins, reduce the competitiveness of our products, reduce our ability to sell products, or reduce our ability to have mergers and acquisitions approved by governmental agencies, any of which could have a material adverse effect on our business, results of operations or financial conditions.”

Annual report 2026A · The company itself

“Certain materials used in semiconductor manufacturing, including rare earth elements, minerals, and metals, are available from a limited number of countries. Geopolitical tensions, trade disputes, economic conditions, transit disruptions, public health concerns, or regulatory actions may affect the availability or cost of these materials.”

Annual report 2026A · The company itself

“Although we do not purchase significant amounts of materials, components or equipment from Russia, Belarus, or Ukraine, the broader semiconductor industry relies on raw materials sourced from these regions - such as neon, palladium, cesium, rubidium, and nickel. Current U.S. restrictions on imports of certain metals of Russian origin highlight the risk that geopolitical events or sanctions may limit access to critical materials.”

Annual report 2026A · The company itself

“Although some restrictions were subsequently suspended for certain U.S. end‑users, future restrictions or renewed implementation could constrain global supply. If China further restricts exports or pressures other countries to do so, our suppliers may face shortages, longer lead times, or increased costs.”

Annual report 2026A · The company itself

“In addition to fuel‑related risks, current conflict in the Middle East is disrupting supplies of critical semiconductor materials - including helium and bromine, both essential for wafer fabrication processes.”

Annual report 2026A · The company itself

“For example, Qatar accounts for more than one‑third of the world’s helium production, and recent Iranian drone strikes halted operations at major helium facilities. Additionally, bromine supplies are also at risk, as approximately two‑thirds of the global production originates from Israel and Jordan, and disruptions in the region could affect semiconductor etching, detection, and circuit‑formation processes.”

Annual report 2026A · The company itself

“Despite our system of controls over our intellectual property, it may be possible for our current or future competitors to obtain, copy, use, or disclose, illegally or otherwise, our product and process technology or other proprietary information. The laws of some foreign countries may not protect our intellectual property to the same degree as do U.S. laws, and our confidentiality, non-disclosure, and non-compete agreements may be unenforceable or difficult and costly to enforce.”

Annual report 2025A · The company itself

“Further changes in trade policy, tariffs, restrictions on exports or other trade barriers, or restrictions on supplies, equipment, and raw materials including rare earth minerals, may limit our ability to produce products, increase our selling and/or manufacturing costs, decrease margins, reduce the competitiveness of our products, reduce customer demand for our products, or inhibit our ability to sell products or purchase necessary equipment and supplies. For example, increasing geopolitical tensions have resulted in new and proposed export controls associated with products, including those that support or enable AI applications, which could, in turn, restrict future sales of certain products to China or other markets, or restrict our ability to obtain equipment, components, and raw materials.”

Annual report 2025A · The company itself

“These factors could include a shortage of raw materials or a disruption in the processing or purification of those raw materials into finished goods. Shortages or increases in lead times have occurred in the past, are currently occurring with respect to some materials and components, and may occur from time to time in the future because of the nature of the industry.”

Annual report 2025A · The company itself

“Although these rare earth and other materials are generally available from multiple suppliers, China is a predominant producer of these materials. China has in the past restricted export of certain of these materials and may in the future continue to restrict, expand restrictions, or stop exporting these or other materials, and as a result, our suppliers’ ability to obtain such supply may be constrained, and we may be unable to obtain sufficient quantities, or obtain supply in a timely manner or at a commercially reasonable cost.”

Annual report 2025A · The company itself

“En snabbt växande marknad Marknaden för högkvalitativ silika för kromatografi är en oligopolmarknad med ett fåtal producenter, där endast en producerar samma typ av högkvalitativ silika som Nanologica. Tillväxten i de underliggande marknaderna har resulterat i kapacitetsbrist inom tillverkning av högkvalitativ silika.”

Annual report 2024A · The company itself

“Det finns hittills ingen alternativ reningsmetod till silikabaserad preparativ kromatografi som kan nå upp till den renhet som krävs för peptidläkemedel, trots att metoden funnits i mer än 40 år.”

Annual report 2024A · The company itself

“Att tillverka högrena sfäriska silikapartiklar för preparativ kromatografi är en komplex process och att utveckla och etablera storskalig produktion av sådan silika tar lång tid. Det gör att inträdesbarriärerna för nya aktörer är höga och har gjort att marknaden för silika för preparativ kromatografi är att betrakta som en oligopolmarknad.”

Annual report 2024A · The company itself

“Den förväntade ökningen av läkemedel som behöver silika för rening gör att det globala behovet av högkvalitativ silika bedöms öka kraftigt. Kapacitetsutbyggnad har skett hos konkurrenter men Nanologica gör bedömningen att denna utbyggnad inte kommer att kunna möta den ökade efterfrågan, vilket gör att den kapacitetsbrist som kunder idag vittnar om bedöms öka ytterligare.”

Annual report 2024A · The company itself

“Nanologica uppskattar att den globala marknaden för silikabaserade kromatografimedier för tillverkning av insulin och andra peptidläkemedel under 2024 uppgick till 100 MUSD. Bolaget gör bedömningen att denna marknad växer till minst 150 MUSD fram till 2030.”

Annual report 2024A · The company itself

“Genom en egenutvecklad tillverkningsprocess är Nanologica en av få leverantörer i världen som har en silika som är tillräckligt mekaniskt och kemiskt stabil för att klara de processer och förhållanden som råder vid exempelvis insulinrening. Det gör att reningsprocessen i många fall kan effektiviseras och att reningsprodukten håller länge, vilket resulterar i lägre produktionskostnader för kunderna.”

Annual report 2024A · The company itself

“Koncernens nettoomsättning för helåret ökade till 14 538 TSEK (1 443). Intäkterna hänförs främst till försäljning av silika för preparativ kromatografi, men även till icke silikabaserad reningsmedia, samt till viss del tjänster inom applikationsutveckling liksom försäljning av analytiska kolonner.”

Annual report 2024A · The company itself

“Under 2022 lanserade Nanologica silikabaserade produkter för preparativ kromatografi på den kommersiella marknaden.”

Annual report 2024A · The company itself

“De europeiska ekonomierna är särskilt sårbara för den senaste tidens utveckling mot att världshandeln används för politiska påtryckningar vilket påverkar både exporten och leveranskedjan för viktiga insatsvaror såsom sällsynta jordartsmetaller och halvledare. Detta gäller också den tekniska utvecklingen där Europa halkar efter USA och Kina.”

Annual report 2025A · The company itself

“E5 Resource use & circular economy Material impacts, risks, and opportunities Location in the value chain Upstream Downstream Short-term Medium-term Long-term Integrated circuits are manufactured using raw materials such as metals, silicon, and rare minerals. These materials are often extracted through global mining operations, which contributes to resource depletion and environmental degradation. Moreover, incorporating recycled materials into production is difficult due to the strict purity standards required for semiconductor manufacturing, which further deepens the reliance on virgin resources and accelerates the depletion of finite materials, such as rare metals. l l l l Packaging materials contribute to resource depletion In Nordic’s own operations and value chain, plastic and cardboard are the primary materials used for packaging and shipping products.”

Annual report 2024A · The company itself

“These activities, several tiers removed from our direct suppliers, include mineral extraction (copper, tin, gold, tungsten) and initial processing. These activities carry heightened risks of child and forced labor, particularly in conflict-affected regions like the Democratic Republic of the Congo (DRC) and surrounding countries for tin, tantalum, tungsten, and gold (3TG) minerals, and in parts of Asia for processing operations.”

Annual report 2024A · The company itself

“The policy scope covers our entire upstream supply chain involved in sourcing and processing of 3TG, with a particular focus on conflictaffected and high-risk areas, including the DRC and adjoining countries. The policy applies to all relevant suppliers who must adopt similar policies and due diligence measures throughout their own supply chains.”

Annual report 2024A · The company itself

“Orion has a dependency on Horseshoe Crab-Derived Reagents (LAL) for Endotoxin Testing, which is a regulatory requirement for a subset of products, including injectable medicines, but also related water systems and critical raw materials. A disruption in access to the LAL reagent – due to species population decline, extinction, or regulatory changes – would critically impact quality control processes.”

Annual report 2025A · The company itself

“Identified transition events in Outokumpu’s climate-related scenarios include: • evolving climate change policies, increasing regulation and reporting requirements; • increased price of CO2 emissions and the related rising electricity price; • increased cost of raw materials and uncertainty about availability of energy and lowemission raw materials at affordable prices; • viability and effectiveness of decarbonization technologies in the coming years; • risk of losing customers and market share; on the other hand, customers switching to low-emission steel could have a positive impact.”

Annual report 2025A · The company itself

“Through EVOLVE, Outokumpu aims to increase its value by driving cost competitiveness and cash generation in sustainable stainless steel, growing profitably in advanced materials and alloys, increasing value from the chrome mine and ferrochrome business by moving up the chromium value ladder, and revolutionizing value creation through innovative materials and proprietary technologies.”

Annual report 2025A · The company itself

“The company remains exposed to risks related to volatile metal prices, especially nickel. Financial derivatives are used to manage the impacts of nickel price changes.”

Annual report 2025A · The company itself

“The key inputs Outokumpu sources from its partners are scrap metal, metals required for stainless steel production, such as nickel and molybdenum, and low-emission energy to run its energy-intensive manufacturing operations.”

Annual report 2025A · The company itself

“Outokumpu identified the following climate transition risks, related to Outokumpu’s business model and strategy: • new regulations and technologies needed for the transition, which could increase production costs, • availability and price of low-emission raw materials and energy, • energy cost constituting a substantial part of the total steel manufacturing costs, and the vulnerability of energy-intensive operations to fluctuations in energy prices.”

Annual report 2025A · The company itself

“The slag contains critical raw materials such as silica and manganese, which are identified as critical raw materials in Annex II of the EU Critical Raw Materials Act.”

Annual report 2025A · The company itself

“The availability of Outokumpu’s raw materials is geographically determined, leading to sourcing from regions where human rights risks have been identified. These risks affect not only workers across the value chain but also local communities.”

Annual report 2025A · The company itself

“The Group’s most significant exposures in metals price risk arise from chromium and nickel, while other alloy metals with metal price risk include for example iron and molybdenum.”

Annual report 2025A · The company itself

“Chromium does not have an established financial derivatives market and, consequently, is not included in the scope of the Treasury policy. Financial derivatives mainly in nickel are used to manage the impacts of metal price changes on the Group’s net result, whereas efficient working capital management helps to reduce cash flow variations caused by metal prices.”

Annual report 2025A · The company itself

“As a low‑emission ferrochrome producer and the owner of the only chrome mine in the EU, Outokumpu is increasing the value of its chrome mine and ferrochrome business by moving up the chromium value ladder and driving new value creation through innovative materials and proprietary technologies to produce low‑CO₂ metals, while repositioning ferrochrome business from an internal supplier to an unrestricted market player. The company aims to establish a platform for premium products, initially focusing on chromium materials, where its own chrome mine offers the ideal launchpad.”

Annual report 2025A · The company itself

“Outokumpu is also exploring new frontiers in innovative materials and metals, with a particular focus on producing low-CO₂ metals. Through targeted investments in smart decarbonization and low-emission solutions, Outokumpu aims to create a lasting competitive advantage and deliver value for all stakeholders.”

Annual report 2025A · The company itself

“Responsible sourcing is a pivotal part of Outokumpu’s sustainability roadmap, and the company is actively partnering with companies in its upstream to secure access to low-emission raw materials. Examples of this are the partnerships with CRONIMET to retain a supply of high-quality scrap metal, with a Canadian company, FPX Nickel, to secure a long-term supply of low-emission nickel metal and with Greenland Resources, to secure access to low-emission molybdenum from Greenland.”

Annual report 2025A · The company itself

“In addition, R&D supported the ongoing proprietary technology development project to produce low-CO₂ materials, such as enriched ferrochrome and chromium metal.”

Annual report 2025A · The company itself

“Outokumpu’s current offering consists of low-emission stainless steel produced mainly from recycled materials and ferrochrome.”

Annual report 2025A · The company itself

“With our new EVOLVE strategy, we focus on maximizing value in sustainable stainless steel while expanding our offering in advanced materials and alloys, ferrochrome and innovative technologies.”

Annual report 2025A · The company itself

“Ferrochrome produces charge grade of ferrochrome and runs the chrome mine in Kemi and ferrochrome smelter in Tornio, Finland.”

Annual report 2025A · The company itself

“We rely on a limited number of suppliers for certain critical components, such as specialty electronics, rare earths, specialty chemicals, aerospace super alloys and filtration media, and recent and planned acquisitions may increase our exposure to supply concentration risk.”

Annual report 2026A · The company itself

“In recent years, we have experienced supply chain disruptions that have impacted our ability to procure raw materials, including certain rare earth elements, microelectronics, and certain commodities, resulting in delays and increased costs.”

Annual report unknown yearA · The company itself

“Suppliers and Raw Materials We are dependent on a global supply chain for a wide range of raw materials, commodities, components, and services. Some of our products require relatively scarce raw materials.”

Annual report unknown yearA · The company itself

“Our product production requires commodities and specialty materials, including certain rare earth elements, precious metals and specialized alloys, which may be subject to supply constraints or price volatility.”

Annual report 2026A · The company itself

“Risks Associated with Supply and Manufacturing •Shortages or delays in the receipt of, or cost increases in, critical components, equipment or raw materials necessary to manufacture our products, as well as reliance on single-source suppliers, have in the past and may in the future affect our production and development of products and harm our operating results. •We have cancelled purchase commitments with suppliers and incurred costs associated with such cancellations, and if revenues fall or customer demand decreases significantly, we may seek to cancel or may otherwise not meet our purchase commitments to certain suppliers in the future, which could result in damages, penalties, disputes, litigation, increased manufacturing costs or excess inventory. •Due to the complexity of our products, some defects may only become detectable after deployment, which may lead to increased costs and adversely affect our operating results.”

Annual report 2026A · The company itself

“Certain rare earth elements are also critical in the manufacture of our products. Many of these rare earth elements are sourced from China, which accounts for a majority of the global supply and processing capacity for these materials. As a result, any current or potential future export restrictions or bans by the Chinese government, as well as any import restrictions or bans by the U.S. government, on rare earth minerals could materially and adversely impact our supply chain continuity and operating results.”

Annual report 2026A · The company itself

“In particular, the imposition by the United States of new tariffs, including the tariffs announced in 2025, on goods imported from China, or deemed to be of Chinese origin, and other 18 Table of Contents government actions that restrict our ability to sell our products to Chinese customers or to manufacture or source components in China, and countermeasures imposed by China in response, including the countermeasures announced in 2025, has impacted and could continue directly or indirectly adversely impacting our manufacturing costs, the availability and cost of materials, including gallium, germanium, antimony, tungsten, molybdenum, scandium, and other rare earth metals/critical minerals, and the sales of our products in China, the United States and elsewhere.”

Annual report 2025A · The company itself

“We are dependent upon third parties for the supply of raw materials and components. Our manufacturing operations depend on obtaining adequate supplies of raw materials and components used in our manufacturing processes at a competitive cost. Although we maintain relationships with suppliers located around the world with the objective of ensuring that we have adequate sources for the supply of raw materials and components for our manufacturing needs, increases in demand from the semiconductor industry for such raw materials and components (including, but not limited to, gallium, germanium, and other critical minerals and rare earth metals), as well as increased demand for commodities in general, can result in tighter supplies and higher costs.”

Annual report 2025A · The company itself

“Regulations in the United States require that we determine whether certain materials used in our products, referred to as conflict minerals, originated in the Democratic Republic of the Congo or adjoining countries, or were from recycled or scrap sources. The verification and reporting requirements, in addition to any customer demands for conflict-free sourcing, impose additional costs on us and on our suppliers, and may limit the sources or increase the prices of materials used in our products.”

Annual report 2025A · The company itself

“Skrot köps på spotmarknaden. Järnmalm köps i huvudsak från LKAB, Sverige, och priserna är länkade till marknadsindex.”

Annual report 2024A · The company itself

“For example, in April 2025, China imposed export restrictions on certain rare earth minerals that are used in certain components of the Company’s products, which resulted in delays and shortages of certain components. If China were to further restrict exporting, or implement burdensome and lengthy licensing processes for the export of, these materials or components, or pressure other countries to do so, the Company’s and its suppliers' ability to obtain such materials or components may be disrupted and the Company may not be able to obtain sufficient quantities, or obtain supply in a timely manner, or at a commercially reasonable cost.”

Annual report 2026A · The company itself

“For example, rare earth minerals are critical to the design of the Company's products and some countries from which these materials are sourced have experienced severe weather. A severe weather event in these countries could cause disruptions in the Company's supply chain which could, in turn, cause product shortages, delays in delivery and/or increases in the Company's cost to produce and deliver products to its customers.”

Annual report 2026A · The company itself

“Generally, raw materials and components are available from several different suppliers, however, for certain products, such as components requiring rare earth minerals sourced from China and components requiring cobalt, the Company and its suppliers may rely on one or very few suppliers or suppliers concentrated in certain regions. For example, in April 2025, China restricted export of certain rare earth minerals and may in the future continue to restrict, expand restrictions, or stop exporting these or other materials. Any such restrictions or delays on the export of rare earth minerals from China have caused, and may in the future cause, increased costs and/or production disruptions which could materially and adversely impact the Company’s results of operations, cash flow and financial condition.”

Annual report 2026A · The company itself

“Furthermore, increased demand for battery technology may also increase the costs to the Company for both the battery cells as well as the underlying raw materials such as cobalt and lithium, among others.”

Annual report 2026A · The company itself

“We have long-term supply contracts for certain materials for which there are few suppliers, or those that are single-sourced in certain regions of the world, such as ethylene oxide ("EO") and radioisotope cobalt-60 ("cobalt-60"), which are necessary to our AST operations. In addition, we continue to expand our irradiation processing capacity with accelerator-based technologies, in order to help mitigate the potential cobalt-60 supply risk.”

Annual report 2026A · The company itself

“Also, certain of our key materials and components have a limited number of suppliers, and some are single-sourced in certain regions of the world, such as cobalt-60 and EO, which are necessary for our AST operations. Given the limited number of suppliers for such materials, they may become subject to supply shortages or unavailability or increasing prices which could have a negative impact on our operations.”

Annual report 2026A · The company itself

“Dessutom kan brist på vissa råvaror, inklusive både nyutvunna och återanvända mineraler, i kombination med ökad efterfrågan på samma material i flera andra branscher, leda till högre kostnader för insatsmaterial och komponenter som används i elektronisk hårdvara.”

Annual report 2024A · The company itself

“Ericsson köper in komponenter och produkter som innehåller mineraler och metaller som kan härröra sig från konfliktdrabbade områden och högriskområden, men köper inte direkt in mineraler eller metaller. Även om den potentiella påverkan finns flera nivåer bort i Ericssons leverantörskedja, är Ericsson medvetet om att detta är ett viktigt systematiskt problem att hantera, i förhållande till både rättigheter för arbetstagare i värdekedjan och i förhållande till berörda samhällen.”

Annual report 2024A · The company itself

“De mineraler som omfattas av programmet är tenn, tantal, volfram och guld samt kobolt och glimmer.”

Annual report 2024A · The company itself

“In addition, the cost and mass production of battery cells, whether manufactured by our suppliers or by us, depends in part upon the prices and availability of raw materials such as lithium, nickel and/or other metals. The prices for these materials fluctuate and their available supply may be unstable, depending on market conditions, trade policies, refining capacity and global demand for these materials.”

Annual report 2025A · The company itself

“In particular, our manufacturing processes and critical manufacturing equipment, and those of our suppliers, require that certain key materials, services and utilities be available. Geopolitical tensions are disrupting and reshaping global supply chains, and suppliers of these items have and might continue to extend lead times, limit supply or increase prices due to factors beyond our control. Further, certain key materials used in semiconductor manufacturing are primarily sourced from limited geographies.”

Annual report 2025A · The company itself

“These risks include: •unscheduled outages or unexpected costs due to equipment, mechanical, structural, cybersecurity, insider threat, third-party compromise or other problems; •inability to effectively complete nuclear power uprates on terms, cost, or schedule contemplated by current forecasts or customer agreements; •inadequacy or lapses in maintenance protocols; •the impairment of reactor operation and safety systems due to human error or force majeure; •the costs of, and liabilities relating to, storage, handling, treatment, transport, release, use and disposal of radioactive materials; •the costs of procuring nuclear fuel, including impacts from trade restrictions such as tariffs, embargoes, and quotas (see Item 7.”

Annual report 2025A · The company itself

“The Prohibiting Russian Uranium Imports Act (PRUI Act), which was signed into law on August 11, 2024, prohibits importation of Russian uranium; however, the DOE can issue waivers (subject to decreasing annual caps) until December 31, 2027 if there is no alternate source of low-enriched uranium available to keep U.S. nuclear reactors operating or is in the national interest. Additionally, passage of the PRUI Act enabled the allocation of $2.72 billion in federal funding to ramp up production of domestic uranium fuel. On November 15, 2024, the Russian Federation temporarily suspended shipments of uranium to the U.S., stating that they would grant future export licenses on a case-by-case basis.”

Annual report 2025A · The company itself

“We have nuclear fuel contracted to support all our refueling needs through 2030 without any additional Russian deliveries.”

Annual report 2025A · The company itself

“In addition, higher prices could reduce demand for these products, resulting in lower sales volumes.”

Annual report 2025A · The company itself

“Some of Grainger’s products contain significant amounts of commodity-priced materials, such as steel, copper, petroleum derivatives, rare earth minerals, or other materials or inputs required to manufacture certain products and are subject to price changes based on fluctuations in the commodities market.”

Annual report 2025A · The company itself

“Additionally, China has imposed export restrictions on rare earth minerals and related materials critical to semiconductor and hard drive manufacturing. These developments have increased, and could further increase, costs for, or limit the availability of, energy, rare earth minerals, materials, components and transportation, constrain manufacturing capacity and may require us to redesign products or reconfigure aspects of our global supply chain.”

Annual report 2026A · The company itself

“Kolmannen tunnistetun siirtymäriskin muodostavat raaka-aineiden hinta ja saatavuus, minkä taustalla on maailmanlaajuisen vihreän siirtymän mahdollisesti aiheuttama tiettyjen materiaalien niukkuus sekä ilmastonmuutokseen liittyvä sääntely, kuten EU:n hiilirajamekanismi (CBAM).”

Annual report 2024A · The company itself

“Tähän skenaarioon sisältyy kuitenkin siirtymäriski raakaainekustannusten kohoamisesta vuoteen 2030 mennessä johtuen pääasiassa EU:n päästömääräyksistä, joihin kuuluu muun muassa hiilirajamekanismi (CBAM), ja mahdollinen akkumateriaalien niukkuus, mikäli toimitusketjut eivät toimi odotetusti. Wärtsilä vastaa tähän riskiin varmistamalla materiaalien saatavuutta ja koko toimitusketjun kustannusten ennakoitavuutta tekemällä pitkäaikaisia toimitussopimuksia ja monipuolistamalla toimittajakuntaa.”

Annual report 2024A · The company itself

“Historically, Yara has sourced NPK, nitrates, phosphate, potash, and ammonia from Russia and has relied on significant volumes of natural gas for its European production.”

Annual report 2024A · The company itself

“The company depends on several raw materials with few or limited alternatives. Yara plants rely on critical raw materials, such as phosphate rock (apatite), energy, chemicals, ammonia, and potash from third-party suppliers, which presents various challenges in ensuring sufficient supply security.”

Annual report 2024A · The company itself

“Phosphate and potash provide key crop nutrients. Several minerals, listed as critical raw materials in the EU, are essential constituents of multi-nutrient fertilizers: Phosphate rock, one of the three main nutrients, is fundamental for plant growth, while borates, magnesium and copper salts are necessary to meet crop needs.”

Annual report 2024A · The company itself

“Ørsted’s and the key suppliers’ dependencies on copper and rare earths for production increases risk exposure”

Annual report 2025A · The company itself

“In addition, higher financing costs, grid constraints, and pressures on critical materials and supply chains require system-level solutions to avoid project delays and cost increases.”

Annual report 2025A · The company itself

“· Natural resources, such as wind and sun. · Minerals and metals, such as steel and copper, and critical raw materials.”

Annual report 2025A · The company itself

“We have introduced a broader ‘Political risk’ including the ‘US regulatory risks’ from 2024 but now reflecting the geopolitical uncertainty across our core markets in general (EU/UK, US, and APAC), and we have seen changes in the relative importance of our top risks from last year. ‘Supply chain risk’ is still assessed to be our largest risk. Supply-demand bottleneck risks appear to be easing in the short term, however, there are longer term supply chain risks which may threaten Ørsted’s strategic ambitions if not resolved, including concentration of risk on few European suppliers.”

Annual report 2025A · The company itself

“Ørsted’s and the key suppliers’ dependencies on copper and rare earths for production increases risk exposure due to supply availability and price volatility.”

Annual report 2025A · The company itself

“Each asset in our portfolio requires virgin materials such as steel, copper, rare earth elements, and composite materials, contributing to resource depletion and increasing material scarcity across sectors.”

Annual report 2025A · The company itself

“Our dependence on critical raw materials required for the energy transition exposes us to potential supply availability and price volatility risks. This exposure is shaped by growing demand for renewable-energy technologies and arises from highly centralised and vulnerable supply chains for the extraction, refinement, and processing of critical minerals, intensifying cross-sector demand for transition-critical materials, and commodity price and geopolitical volatility in regions with often elevated sustainability risk profiles.”

Annual report 2025A · The company itself

“These geopolitical tensions could result in, among other things, cyberattacks, supply chain disruptions (including limitations on access to rare earth minerals and other raw materials), higher energy and other commodity costs, lower consumer demand, and changes to foreign exchange rates and financial markets, and tariffs and trade restrictions may result in increased production costs and product pricing, further supply chain disruptions, limited access to end markets, lower profitability, and uncertainty related to planning long-term investments and strategies, and may have other competitive effects.”

Annual report 2025A · The company itself

“Increases are primarily driven by tightening of market conditions and major increases in the pricing of key constituent materials for our products such as crude oil, chlorine and metals (including molybdenum and rare earths, which are used in the refinery catalysts business).”

Annual report 2025A · The company itself

“We currently source more than half of our wafer requirements annually from third-party wafer foundries, including Taiwan Semiconductor Manufacturing Company (TSMC) and others.”

Annual report 2025A · The company itself

“These include the imposition of retaliatory tariffs on certain U.S.-origin goods; the implementation of new export controls by China on various critical minerals, including rare earths metals; the scheduling of further retaliatory tariff measures; and other actions that may affect us directly or indirectly.”

Annual report 2025A · The company itself

“It requires suppliers to conduct due diligence and work towards the responsible sourcing of minerals, ensuring the products sold to customers are sourced ethically.”

Annual report 2024A · The company itself

“All these minerals are essential for the digital era. Gold’s conductivity makes it vital for IT products, tin is used for soldering smartphone components, tantalum stores energy in capacitors, tungsten is found in the components that make phones vibrate and cobalt ensures high energy density and 105 105 thermal stability in batteries.”

Annual report 2024A · The company itself

“Among these, four are classified as conflict minerals due to the significant ethical challenges linked to their sourcing: tin, tantalum, tungsten and gold. Together these are commonly known as 3TGs.”

Annual report 2024A · The company itself

“Atea’s Responsible Minerals Policy ensures the ethical sourcing of minerals, adhering to international due diligence frameworks.”

Annual report 2024A · The company itself

“Atea, as a value-added reseller, is dedicated to maintaining rigorous standards of environmental and health compliance. Through our Supplier Assessment program, detailed in S2 Section of this report, we conduct thorough due diligence to verify our partners and suppliers adhere to the REACH Regulation and RoHS Directive, including through TCO certification.”

Annual report 2024A · The company itself

“While Atea does not manufacture or contract the manufacturing of the hardware sold to its customers, we recognize the importance of responsible mineral sourcing in our industry.”

Annual report 2024A · The company itself

“The Responsible Minerals Policy encompasses all entities in the Atea Group and outlines our expectations towards suppliers of hardware products and other electronic devices sold by Atea. The policy is in line with OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, OECD Guidelines for Multinational Enterprises, UN Guiding Principles on Business and Human Rights, ILO Declaration on Fundamental Principles and Rights at Work, ILO Fundamental Conventions and the UN Universal Declaration of Human Rights.”

Annual report 2024A · The company itself

“Atea’s approach focuses on preventing, mitigating and remedying the negative impacts on affected communities and indigenous people. Our commitment to responsible mineral sourcing began in 2014 with the launch of our Conflict Minerals Campaign. This campaign aimed to highlight the significant human rights abuses associated with mineral sourcing and to demand greater action from stakeholders in the IT value chain.”

Annual report 2024A · The company itself

“Atea is a member of the Responsible Minerals Initiative (RMI), alongside more than 500 other companies globally. This program, led by the Responsible Business Alliance, aims to evolve business practices to support responsible sourcing and mineral production globally.”

Annual report 2024A · The company itself

“Additionally, various government regulators require companies that manufacture products containing certain minerals and their derivatives that are known as “conflict minerals”, originating from the Democratic Republic of Congo or adjoining countries to perform due diligence and report the source of such materials. There are significant resources associated with complying with these requirements, including diligence efforts to determine the sources of conflict minerals used in our products and potential changes to our processes or supplies as a consequence of such diligence efforts.”

Annual report 2024A · The company itself

“We have seen prices stabilize for ferrous and non-ferrous metals and other raw materials, but availability of nickel based super alloys, tungsten carbide, and rare earth components are constrained.”

Annual report 2025A · The company itself

“The price and supply of these materials and components has been, and may in the future be, impacted or disrupted for reasons beyond our control, including supplier shutdowns, supplier capacity constraints, supplier insolvencies, labor disruptions or shortages, transportation delays, inflationary pricing pressures, work stoppages, extreme weather events, tariffs and other geopolitical developments, global economic uncertainty or downturns, sanctions and trade restrictions and other governmental regulatory actions or inactions (such as in the area of materials of concern), including those taken as a result of a prolonged U.S. government shutdown, and any such changes or disruptions could adversely affect our business, results of operations, financial condition and cash flows.”

Annual report 2025A · The company itself

“GOD AFFÄRSETIK MED SAMHÄLLSENGAGEMANG NYCKELTAL – G1 Mål Utfall 2024 2023 Basår 2022 Deltagande i koncernens utbildning i affärsetik 4) 100% 93% 2 878 765 1 030 Verifiering av principerna i Business Partner Code of Conduct (%) >80% till 2030 5) >40% 41% – – 1) I linje med 1,5-graders målet, beräknat med market based metod.”

Annual report 2024A · The company itself

“Det kan finnas risker i en internationell leveranskedja, exempelvis kränkningar av mänskliga rättigheter eller arbetsrättigheter, brister i miljöarbetet eller i frågor om affärsetik. Det finns även risker med råmaterial som har ett stort koldioxidavtryck samt med vissa mineraler, där handeln med konfliktmineraler kan finansiera våld och övergrepp.”

Annual report 2024A · The company itself

“16 verksamheter använder metaller som klassas som konfliktmineraler. Rutiner finns för att med rimlig säkerhet fastställa att råvarorna inte har sitt ursprung i områden där väpnade konflikter pågår.”

Annual report 2024A · The company itself

“Bolidens forskning och utveckling omfattar främst prospektering för att hitta mer malm inom Affärsområde Gruvor. Utgifterna för prospektering under 2024 uppgick till 929 (858) MSEK motsvarande 1,0 (1,1) % av koncernens intäkter.”

Annual report 2024A · The company itself

“For instance, the United States has increased use of Section 232 trade authorities to impose tariffs on certain commodities, including certain articles of steel, aluminum and copper. In response to these and other U.S. measures, China and other countries have taken a range of retaliatory measures. These include the imposition of retaliatory tariffs on certain U.S.-origin goods; the implementation of new export controls by China on various critical minerals, including rare earths metals; the scheduling of further retaliatory tariff measures; and other actions that may affect us directly or indirectly.”

Annual report 2025A · The company itself

“Camurus produkter tillgängliga via partners Huvudkontor Lund, Sverige MSEK i vinst före skatt 2024 MSEK investerat i forskning och utveckling 2024 Camurus i korthet Stark finansiell position Vinstgivande med kassaposition på 2,9 miljarder SEK vid utgången av 2024 Unik FluidCrystal teknologiplattform Kommersiellt validerad depåteknologi med starkt patentskydd och bred användning Bred utvecklingsportfölj Innovativa läkemedelskandidater inom CNS, sällsynta sjukdomar och cancer Godkända läkemedel Buvidal vecko- och månadsinjektioner för behandling av opioidberoende Camurus vision för innovation och tillväxt LÄS MER OM VÅR VISION OCH STRATEGI PÅ SIDAN 13 Camurus – internationell närvaro med huvudkontor i Lund, Sverige CAMURUS ÅRSREDOVISNING 2024 INTRODUKTION/FINANSIELL ÖVERSIKT Finansiell utsikt 2025 Finansiell översikt YTTERLIGARE 7.”

Annual report 2024A · The company itself

“In 2025, Chevron also acquired approximately 135,000 net acres in the Smackover Formation in Northeast Texas and Southwest Arkansas for the purpose of exploring lithium development.”

Annual report 2025A · The company itself

“Rights of Indigenous Peoples The supply chains for metals and minerals are long and opaque. There is a potential for negative impacts on the rights of indigenous peoples in these supply chains.”

Annual report 2024A · The company itself

“In the DMA, and in the context of our products and waste, we considered Ostomy Care, Interventional Urology, Continence Care, Voice & Respiratory Care, and Wound & Tissue Repair as the business areas associated with the impacts and risks.”

Annual report 2025A · The company itself

“URBAN MINERS AB Svenskt industribolag, grundat 2021, med cirkulär affärsidé där metaller, framför allt ädelmetaller och sällsynta jordartsmetaller, återvinns genom utvinning ur elektronikskrot. Urban Miners köper in osorterat elek - tronikskrot i form av IT- och telekomutrustining, hårdvara från datacenter samt annan elektronik som demonteras och sorteras. Det sorterade materialet säljs sedan vidare till olika smältverk i Europa och Asien för att kunna åter - användas.”

Annual report 2024A · The company itself

“Intellectual property rights, including patents, plant variety protection, trade secrets, confidential information, trademarks, trade names and other forms of trade dress, are important to Corteva’s business. Corteva endeavors to protect its intellectual property rights in jurisdictions in which its products are produced or used and in jurisdictions into which its products are imported.”

Annual report 2025A · The company itself

“Uniform Forced Labor Protection Act, and the Dodd-Frank Wall Street Reform and Consumer Protection Act intended to improve transparency and accountability concerning the supply of minerals originating from the conflict zones of the Democratic Republic of the Congo or adjoining countries. We incur costs to comply with the disclosure requirements of this last law and other costs relating to the sourcing and availability of minerals used in our products.”

Annual report 2026A · The company itself

“Dominion Energy purchases nuclear fuel primarily under long-term contracts. Dominion Energy is exposed to nuclear fuel cost volatility for the portion of its nuclear fuel obtained through short-term contracts or on the spot market, including as a result of market supply shortages. Nuclear fuel prices can be volatile and the price that can be obtained for power produced may not change at the same rate as nuclear fuel costs, thus adversely impacting Dominion Energy’s financial results.”

Annual report 2025A · The company itself

“Risks Related to Supply Chain Disruptions, Inflation, Tariffs and Foreign Export Restrictions Duke Energy’s operations and capital projects are exposed to supply chain disruptions, inflation, tariffs and export restrictions. These factors may increase costs, extend lead times for critical equipment and/or delay construction and maintenance activities.”

Annual report 2025A · The company itself

“Marine minerals The electrification of society is an important part of the energy transition. In its “net zero 2050” scenario, Net Zero by 2050 A Roadmap for the Global Energy Sector (2021), the International Energy Association (IEA) forecasts a significant increase in the demand for minerals that are key components in the electrification supply chain, such as lithium, copper, and cobalt. Currently, these minerals are mined onshore, but it is expected that mineral deposits on or beneath the seafloor, called “marine minerals,” are likely to play an important role in meeting this demand in the coming years and decades.”

Annual report 2024A · The company itself

“There are three main categories of marine minerals: nodules, crusts, and Seafloor Massive Sulfides (SMS). Most of the marine mineral deposits discovered to date are at the seabed in ultra-deep waters. Within the Norwegian Exclusive Economic Zone (EEZ) both crusts and SMSs have been discovered in the area of the mid-Atlantic spreading ridge.”

Annual report 2024A · The company itself

“Use of risk minerals in electrical products The group sells electrical products containing minerals that are extracted in third-world countries and associated with a risk of human rights violations.”

Annual report 2024A · The company itself

“Nuclear Fuel Evergy Kansas South and Evergy Metro each own 47% of Wolf Creek, which is Evergy's only nuclear generating unit. Wolf Creek purchases uranium and has it processed for use as fuel in its reactor. This process involves conversion of uranium concentrates to uranium hexafluoride, enrichment of uranium hexafluoride and fabrication of nuclear fuel assemblies. The owners of Wolf Creek have on hand or under contract all the uranium, uranium enrichment and conversion services needed to operate Wolf Creek through 2030.”

Annual report 2025A · The company itself

“En åldrande befolkning, global resursbrist och ekonomiska påfrestningar ökar behovet av kostnadseektiv och hållbar vård.”

Annual report 2024A · The company itself

“Utöver aluminium använder Gränges olika leger - ingsmetaller i produktionen, bland annat mangan, magnesium och kisel, dock i betydligt mindre mängder.”

Annual report 2024A · The company itself

“Palladium, listed in the EU’s list of critical raw materials, is used by Lundbeck as a catalyst in the manufacturing process”

Annual report 2025A · The company itself

“Mineraler och beståndsdelar ingående främst i elektronikkomponenter har hanterats via åtskilliga leverantörsled, länder och världsdelar innan den slutliga insatsvaran når HANZAs produktionsställen. I det fall aktörer i leverantörskedjan brister i att följa uppförandekoder finns risker för att mänskliga rättigheter kränks genom att människor arbetar under dåliga arbetsvillkor, i ohälsosamma arbetsmiljöer samt under tvångsliknande förhållanden eller barnarbete. Bristerna innebär också att lokala samhällen i närhet av viss mineralutvinning kan drabbas av färskvattenbrist till följd av föroreningar i utvinningsmetoder eller av att markområden som tidigare använts för samhällenas eller ursprungsbefolknings försörjning tas i anspråk med eller utan kompensation.”

Annual report 2024A · The company itself

“För att minimera risken för leveransbrist eller stora prissvängningar hos leverantörerna arbetar bolaget aktivt med att koordinera komponentförsörjningen och identifiera alternativa leverantörer för strategiska komponenter. Leverantörsriskundersökningar utförs (av extern partner) för att identifiera och begränsa risker som är förknippade med leverantörernas verksamheter.”

Annual report 2024A · The company itself

“Tämä tarkoittaa, että Hiab työskentelee laajan ja monimutkaisen toimittajaverkoston kanssa hankkiakseen esimerkiksi teräsrakenteita, akkumineraaleja ja erilaisia komponentteja.”

Annual report 2025A · The company itself

“HydrogenPro is a key player in the energy transition, using a minimum of scarce natural resources and no noble metals in the process.  electrolyzers with industry-leading efficiency and reduced levelized  this, the company has identified four strategic pillars: technology leadership, global footprint, scalability, and lifecycle partner.”

Annual report 2024A · The company itself

“Samtidigt finns det en risk för ökade materialpriser till följd av begränsade naturresurser samt koldioxidskatter vilket leder till högre kostnader och lägre marginal om kostnaden inte går att transferera till kund.”

Annual report 2024A · The company itself

“INVISIOs produkter tillverkas av komponenter baserade på ändliga naturresurser, såsom metaller, mineraler och olika typer av polymerer.”

Annual report 2024A · The company itself

“Vi bruker primære- og kritiske råvarer som nikkel, kobolt og kobber i våre produkter, noe som kan påvirke miljø, tilgjengelighet og kostnader.”

Annual report 2024A · The company itself

“Vi er avhengige av en jevn tilførsel av råvarer, inkludert sjeldne og primære råmaterialer, for å kunne møte våre kommersielle forpliktelser.”

Annual report 2024A · The company itself

“I IT-utstyr brukes tantal (Ta) og gull (Au) i elektroniske komponenter, mens neodym (Nd) brukes i magneter.”

Annual report 2024A · The company itself

“Lifecare’s sensor technology is referred to as “Sencell” and is suitable for identifying and monitoring the occurrence of a wide range of analytes and molecules in the human body and in pets.”

Annual report 2024A · The company itself

“While we have no manufacturing, distribution or direct material suppliers in the region, we continue to closely monitor the potential raw material/sub-tier supplier impact in both Russia and Ukraine including materials like palladium and neon, which are both dependent on Russia supply.”

Annual report 2026A · The company itself

“More broadly, certain critical materials and components used in our products or manufacturing processes may be sourced from, processed in, or subject to regulatory oversight in a limited number of jurisdictions, increasing our exposure to supply disruptions, price volatility, or regulatory leverage arising from geopolitical tensions.”

Annual report 2026A · The company itself

“Ökat utbyte av råmaterial (koppar, indium, gallium, selen) per sputtertarget, med bibehållen kvalité.”

Annual report 2024A · The company itself

“The price and availability of commodities used in our products, such as gold, copper and silicon, may adversely impact our ability to deliver our products in a timely and cost-effective manner, and may adversely affect our business and results of operations.”

Annual report 2025A · The company itself

“Natural gas, electricity and, to a lesser extent, oil are the primary sources of energy for our manufacturing operations. In addition, rare earth minerals and other commodities are used in our manufacturing operations.”

Annual report 2025A · The company itself

“If demand for our products or services increases from our current expectations or if, as we have experienced in the past, suppliers are unable to meet our demand for other reasons, including as a result of supply chain constraints; natural disasters; trade policy decisions, such as new, expanded or retaliatory tariffs, sanctions, quotas, import/export restrictions or trade barriers (including restrictions around rare earth minerals); financial issues or other factors, we have, and could continue to experience an interruption in supply or a significant increase in the price of supply.”

Annual report 2025A · The company itself

“Vi är också beroende av kritiska och begränsade råvaror som metaller och mineraler.”

Annual report 2024A · The company itself

“IT hardware uses various rare metals and minerals, impacting Earth’s finite resources”

Annual report 2025A · The company itself

“As a sectoral challenge, electronic equipment is associated with a risk of negative human rights impacts, especially in upstream value chain stages of exploration, extraction, and hardware assembly. We rely on professional suppliers and perform sustainability due diligence as part of our sourcing and procurement processes to avoid being linked, or contribute, to such events.”

Annual report 2025A · The company itself

“Our agreements with these suppliers typically require us to commit to purchase goods or services based on forecasted product needs, which may be inaccurate, and, in some cases, require longer-term commitments. We are also dependent upon a limited number of highly specialized third-party suppliers for required components and materials for certain of our key technologies. Arranging for replacement manufacturers and suppliers can be time-consuming and costly, and the number of qualified alternative providers can be extremely limited.”

Annual report 2025A · The company itself

“The Palo Verde participants have contracted for 100% of Palo Verde’s requirements for uranium concentrates through 2028 and 70% through 2029; 100% of Palo Verde’s requirements for conversion services through 2030 and 32% through 2031; 100% of Palo Verde’s requirements for enrichment services through 2028; and 100% of Palo Verde’s requirements for fuel fabrication through 2027 for Unit 2 and Unit 1 and 2028 for Unit 3.”

Annual report 2025A · The company itself

“2.2 Tuotannon materiaalit ja palvelut Tilikaudella 2025 kuluiksi kirjatut tuotantoon liittyvät materiaalit ja palvelut olivat 49 634 tuhatta euroa (59 963 tuhatta euroa tilikaudella 2024). Materiaalit ja palvelut koostuvat raaka-ainehankinnoista kuten teräksestä, volframikarbidista, välitystuotteista ja vaihto-omaisuuteen liittyvistä alihankintana ostetuista palveluista sekä varastojen muutoksista.”

Annual report 2025A · The company itself

“Our business requires that we buy equipment, components, services including finished products, electronic components, and commodities. Our reliance on suppliers involves certain risks, including: •shortages of components, commodities, or other materials, which could adversely affect our manufacturing efficiencies and ability to make timely delivery of our products, solutions, and services; •changes in the cost of these purchases due to inflation, exchange rate fluctuations, taxes, tariffs, commodity market volatility, or other factors that affect our suppliers; •poor quality or an insecure supply chain, which could adversely affect the reliability and reputation of our hardware and software products, solutions, and services; •embargoes, sanctions, and other trade restrictions that may affect our ability to purchase components, commodities, or other materials, including rare earth minerals, from various suppliers; and •intellectual property risks such as challenges to ownership of rights or alleged infringement by suppliers.”

Annual report 2025A · The company itself

“When necessary, the RTX Supply Chain organization works closely and directly with suppliers of components in agreement, with our manufacturing partners)to increase allocations of components, the components share of rare or restricted raw materials.”

Annual report 2025A · The company itself

“Suurimmat riskit: • Kyberturvallisuusuhat, sisältäen esim. kiristysohjelmat • Viiveet tuotekehityksessä ja uusmyynnissä sekä uusien kauppojen toteutuksessa • Strategian toteuttamisen ongelmat • Avainhenkilöiden säilyminen ja uusien palkkaaminen • Innovaatio- ja kehityskyvyn ylläpitäminen ja toteuttaminen, sisältäen IP-oikeudet • IPR-oikeudenkäynnit ja patenttiportfolion hyödyntäminen • Merkittävä osa yhtiön liikevaihdosta laskutetaan Yhdysvaltain dollareina ja näin ollen dollarin valuuttakurssin mahdollisilla voimakkailla vaihteluilla vuoden aikana voi olla vaikutuksia kannattavuuteen.”

Annual report 2025A · The company itself

“Forest Forest vastaa puunhankinnasta Stora Enson Pohjoismaiden ja Baltian toiminnoille ja yritysasiakkaille. Se myös hallinnoi konsernin metsäomaisuutta Pohjoismaissa. Toiminnot perustuvat vastuulliseen metsänhoitoon aina suunnittelusta ja logistiikasta puunkorjuuseen ja metsän uudistamiseen.”

Annual report 2025A · The company itself

“E5 - Råvarubrist: Brist på kritiska råvaror och produkter kan uppstå på grund av hög efterfrågan i omställningen till en mer hållbar ekonomi. Detta kan leda till ökade insatskostnader, lägre intäkter på grund av produktionsbegränsningar och ökade utvecklingskostnader.”

Annual report 2024A · The company itself

“U Vissa av Svedbergs Groups produkter kan innehålla konfliktmineraler (till exempel kromit, som används i produktionen av rostfritt stål), och även om vi har tydliga förväntningar på leverantörerna på det här området finns det en risk för brott mot de mänskliga rättigheterna där dessa mineraler utvinns.”

Annual report 2024A · The company itself

“Osäkerheten i den globala leverantörskedjan innebär en risk för Saab och dess verksamhet. Utmaningarna är främst kopplade till tillgången på vissa råvaror och försvarsspecifika komponenter, utökad produktionskapacitet hos vissa leverantörer samt leverantörers förmåga att hantera ökad nedflödning av regulatoriska krav.”

Annual report 2024A · The company itself

“The SEC requires annual disclosure and reporting requirements for those companies which use tin, tantalum, tungsten, or gold (“conflict minerals” or “3TG”) mined from the Democratic Republic of the Congo (“DRC”) and adjoining countries (together with the DRC, the “Covered Countries”) in their products. These requirements, as well as new and additional regulations like the EU’s Conflict Minerals Regulation, could affect the sourcing, pricing, and availability of 3TG used in the manufacture of certain of our products, and may result in only a limited pool of suppliers which can demonstrate that they do not source any 3TG from the Covered Countries.”

Annual report unknown yearA · The company itself

“Tele2 är medvetet om att dess uppströms värdekedja är starkt beroende av råmaterial, särskilt vid pro - duktionen av mobila enheter, nätverksinfrastruktur och elektroniska komponenter. Företaget strävar efter att minska miljöpåverkan från dessa material genom att prioritera cirkularitet och minska beroendet av jungfruliga resurser.”

Annual report 2024A · The company itself

“China has also restricted the export of certain rare earth minerals and permanent magnets that are used in our products, which has in the past delayed and could in the future limit our ability to sell products that require these components or result in lower margins products that incorporate these components.”

Annual report 2025A · The company itself

“In response, China has unveiled restrictions on exports from China of certain materials and components, including gallium and germanium and which are used in semiconductor manufacturing and permanent magnets and which have impacted 9 Table of Contents the production and pricing of some of our digital imaging and aerospace and defense products.”

Annual report 2025A · The company itself

“Telenor Amp's strategy is to develop, refine and create value close to the core telecom services, with IoT and security as the main focus areas. The ambition for these two areas is to build leading Nordic service offerings, through a combination of developing existing assets, making select acquisitions, or by working with external partners.”

Annual report 2024A · The company itself

“Thor Medical will use natural thorium Th-232 as feedstock for production of alpha-emitting radioisotopes that make it possible to eradicate cancer cells while minimizing damage to nearby healthy cells.”

Annual report 2023A · The company itself

“The pilot is established in an existing building at Herøya Industrial Park and will consist of a cutting-edge lab and analytical equipment for producing Ra-228 and subsequently Th-228 from natural occurring thorium.”

Annual report 2023A · The company itself

“Thor Medical will use natural thorium Th-232 as feedstock. The natural thorium, sourced from mining operations, will be processed using Thor Medical’s proprietary process for the separation of Th-232 into the world’s purest Th-228.”

Annual report 2023A · The company itself

“Thor Medical’s target is to become a world-leading supplier of alpha emitters for cancer therapy, enabling next-generation precision cancer therapy.”

Annual report 2023A · The company itself

“Thor Medical has developed a proprietary technology for the manufacturing of radionuclides, primarily alpha-particle emitters from natural resources.”

Annual report 2023A · The company itself

“Thor Medical ASA (“Thor Medical” or “the Company”) is an emerging supplier of radionuclides, primarily alpha particle emitters, from naturally occurring thorium. Its proprietary production process requires no irradiation or use of nuclear reactors, and provides reliable, environmentally friendly and cost-efficient supply of alpha-emitters for the radiopharmaceutical industry.”

Annual report 2023A · The company itself

“Although Tieto does not directly source raw materials, it partly relies on suppliers for electronic components that may include minerals like cobalt and tin, often sourced from areas known for forced labour. This may be the case especially in artisanal mining, mainly taking place in African countries.”

Annual report 2025A · The company itself

“Tulikivi Sauna Tulikivi vastaa globaaliin sauna- ja wellness-trendiin tarjoamalla huipputeknologian, skandinaavisen muotoilun ja luonnonmateriaalit yhdistäviä saunatuotteita, jotka edistävät hyvinvointia ja modernia saunomiskulttuuria.”

Annual report 2025A · The company itself

“Veidekke har kartlagt sitt vesentlige materialforbruk ut fra kriterier som store mengder (i NOK, spend), vesentlige klimagassutslipp (CO e), kritiske råmaterialer, som f.eks. trevirke, produkter med sjeldne jordarter (Rare Earth Elements – REE) samt materialer som ifølge policy og mål er vesentlige for virksomhetens bærekraftarbeid.”

Annual report 2024A · The company itself

“E5 DR 30: trevirke, produkter med sjeldne jordarter (Rare Earth Elements (REE)) samt materialer som er vesentlige i selskapets bærekraftarbeid.”

Annual report 2024A · The company itself

“We mapped EU Critical Raw Materials in our components to improve transparency and identify risks earlier”

Annual report 2025A · The company itself

“Biodiversity impact, social due diligence, anti-bribery and corruption and assessments of human rights impact on project level.”

Annual report 2025A · The company itself

“We mapped EU Critical Raw Materials in our components to improve transparency and identify risks earlier.”

Annual report 2025A · The company itself

“Mapping of EU Critical Raw materials finalised The mapping will support human-risk mitigation and responsible-sourcing strategies.”

Annual report 2025A · The company itself

“Due to quality and regulatory control over our production processes, single source availability, and the quality and regulatory burden required in qualifying suppliers, we rely on single-source suppliers for certain critical raw materials.”

Annual report 2025A · The company itself

“Parts, components and raw materials commonly used in our products include motors, fabricated parts, castings, magnets, bearings, seals, batteries, printed circuit boards ("PCBs") and electronic components, including semiconductors, as well as commodities, including steel, brass, nickel, copper, aluminum, rare earth minerals and plastics.”

Annual report 2025A · The company itself

“Availability of resources, such as ores, minerals, polymers, lithium, helium and processed chemicals, required in our manufacturing operations appear to be adequate.”

Annual report 2025A · The company itself

“Although no single supplier is material, raw materials may be sourced from a single supplier or a limited number of suppliers for reasons of quality assurance, regulatory requirements, cost, and availability. We believe that we have a readily available supply of raw materials and components sourced from various suppliers for our major product lines with some redundancy to ensure product availability.”

Annual report 2025A · The company itself

“Our fuel strategy is to maintain certain levels of uranium in inventory and to make periodic purchases to support such levels.”

Annual report unknown yearA · The company itself

“The products mainly contain plastics, rubber, wood, and metals, some of which include critical raw materials and rare earth metals.”

Annual report 2026A · The company itself

“Even though the Company is not dependent on individual technologies or processes, technological developments may occur in the future which may impair the Company’s competitiveness, including if the Company's fails to maintain a certain level of investment in the maintenance and development of its current intellectual property rights or faces difficulty to source parts.”

Annual report 2025A · The company itself