Subcontractors and haulage capacity

“At certain times and in certain geographical regions, we will find it difficult to hire and retain a sufficient number of employees with the skills or backgrounds to meet current and/or future demand. In these cases, we might need to upskill and redeploy existing people or increase our reliance on subcontractors to fill certain labor needs.”

Annual report 2025A · The company itself

“In particular, large and complex arrangements often require that we utilize subcontractors or that our solutions and services incorporate or coordinate with the software, systems or infrastructure requirements of other vendors and service providers, including companies with which we have alliances. Our profitability depends on the ability of these subcontractors, vendors and service providers to deliver their products and services in a timely manner, at the anticipated cost, and in accordance with the project requirements, as well as on our effective oversight of their performance. In some cases, these subcontractors are small firms, and they might not have the resources or experience to successfully integrate their services or products with large-scale engagements or enterprises.”

Annual report 2025A · The company itself

“We rely on contract manufacturers to manufacture or assemble our devices as well as servers and networking equipment used in our technical infrastructure, certain components of which we may supply. We also rely on third parties to supply components and distribute our products and services.”

Annual report 2025A · The company itself

“Risk area Description and impact Mitigating actions Manufacturing and quality of supply Disruptions to Bavarian Nordic’s supply chain caused by manufacturing issues, internal systems, or supply chain issues, could have a significant impact on the ability to supply products at the right time and could impact both customer relations and financial performance. Bavarian Nordic utilizes subcontractors and CMOs as part of the supply chain; any disruptions to the planning and execution at CMOs or subcontractors could impact Bavarian Nordic’s ability to supply products timely.”

Annual report 2025A · The company itself

“These risks are compounded for small parcel home deliveries, as we are dependent on a relatively small number of carriers with the scope and capacity required by our business. Additionally, global supply chain impacts, similar to previous disruptions in the Red Sea and Panama Canal, could lead to increases in transportation costs or hinder third parties’ abilities to meet our demand for product volumes and timing, including: •unionization, labor strikes, slow-downs, competitive job markets and labor shortages impacting ports or any other aspect of our supply chain; •geopolitical affairs, including tariffs and other measures that impact the price or availability of transporting our products; •natural disasters and climate events; and •diseases, pandemics, outbreaks and other health-related concerns.”

Annual report 2026A · The company itself

“The Company’s products are complex to manufacture, and the Company is, in some instances, reliant on sole source suppliers. The Company may encounter difficulties in manufacturing that could have a material adverse effect on the Company’s revenues, cash flow, results of operations and future growth prospects.”

Annual report 2025A · The company itself

“We could experience difficulties, delays and disruptions in our supply chain as well as in the manufacturing, distribution and sale of our products. Our product supply and related patient access has been, and could in the future be, negatively impacted by difficulties, delays and disruptions in the manufacturing, distribution and sale of our products.”

Annual report 2025A · The company itself

“Relationships with Transportation Providers We continually work on establishing contractual relationships with qualified transportation providers that meet both our and our customers’ service requirements to provide dependable services, favorable pricing, and available capacity during periods when demand for transportation equipment is greater than the supply. We own very little transportation equipment and do not employ the people directly involved with the delivery of our customers’ freight, so these relationships are critical to our success.”

Annual report 2025A · The company itself

“In 2025, more than 450,000 transportation providers were on our platform, the vast majority of which are contracted motor carriers.”

Annual report 2025A · The company itself

“Higher carrier prices may result in decreased adjusted gross profit margin and increases in working capital. Carriers can be expected to charge higher prices if market conditions warrant or to cover higher operating expenses. Our adjusted gross profits and income from operations may decrease if we are unable to increase our pricing to our customers.”

Annual report 2025A · The company itself

“We do not employ the people directly involved in delivering our customers’ freight. We depend on independent third parties to provide truck, rail, ocean, and air services and to report certain events to us, including but not limited to, shipment status information and freight claims. These independent third parties may not fulfill their obligations to us, or our relationship with these parties may change, which may prevent us from meeting our commitments to our customers.”

Annual report 2025A · The company itself

“Table of Contents We use a variety of raw materials, supplier-provided parts, finished goods, and third-party service providers in our business. The ability of suppliers to deliver materials, parts, components, finished goods, and manufacturing equipment to our manufacturing facilities, and our ability to manufacture and distribute without disruption, could affect our business performance. Significant shortages, supplier capacity constraints, supplier disputes, supplier quality issues, or production disruptions, price increases, duties, tariffs or other government actions could increase our operating costs, disrupt our operations and adversely impact the competitive positions of our products.”

Annual report 2025A · The company itself

“Our business is dependent on frequent and consistent deliveries of ingredients that comply with our Food with Integrity specifications, such as dairy (for cheese, sour cream and queso), and beef, pork and chicken that meets our Responsibly Raised requirements. We may experience shortages, delays or interruptions in the supply of ingredients and other supplies to our restaurants due to higher or more lucrative demand from other sources; inclement weather or natural disasters; animal disease outbreaks (such as avian flu); social or labor unrest; shortages of agricultural workers (including due to changes in immigration laws); operational disruptions at our suppliers, distributors or transportation providers (including due to cyberattacks, malware or ransomware); financial distress or insolvency of suppliers or distributors, or the inability of suppliers or distributors to manage adverse business conditions; or other conditions beyond our control.”

Annual report 2025A · The company itself

“Instead, we engage experienced subcontractors to carry out construction activities on our behalf.”

Annual report 2024A · The company itself

“When selecting suppliers, contractors, or entrepreneurs, we favor those closely associated with local communities to ensure our investments benefit the local society directly. For instance, key components for the Munkhyttan Project were sourced from a local foundry, emphasizing our commitment to local economic support, as well as the broader European value chain.”

Annual report 2024A · The company itself

“Cloudberry supports local economies by using local contractors and suppliers, paying land-use royalties, funding community initiatives, and improving local infrastructure.”

Annual report 2024A · The company itself

“Third parties contribute significantly to our completion of many projects and labor shortages or increased labor costs from third parties could adversely impact our results of operations. We hire third-party subcontractors to perform work and depend on third-party suppliers to provide equipment and materials necessary to complete our projects.”

Annual report 2025A · The company itself

“We rely primarily upon independent subhaulers to pick up and deliver vehicles to and from our storage facilities in the U.S., Canada, Brazil, the Republic of Ireland, Germany, Finland, the U.A.E., Oman, Bahrain, and Spain. We also utilize, to a lesser extent, independent subhaulers in the U.K.”

Annual report 2025A · The company itself

“Some of the raw materials, equipment, transport and other inputs that the Company requires are limited to a small number of suppliers from which the Company can economically and/or practically source, which often have long lead times. Any of our suppliers may experience temporary, prolonged or even permanent operational disruption (e.g. significant system outages) and/or capacity in the market may fall below required levels (e.g. for haulage capacity), which could have an adverse impact on the Company’s operations, financial performance, and reputation.”

Annual report 2025A · The company itself

“We also negotiate pricing from our subcontractors and suppliers based on the volume of services and products we purchase on a local, regional and national basis.”

Annual report 2025A · The company itself

“Land Development and Home Construction Substantially all of our land development and home construction work is performed by subcontractors. Subcontractors typically are selected after a competitive bidding process and are retained for a specific subdivision or series of house plans pursuant to a contract that obligates the subcontractor to complete the scope of work at an agreed-upon price.”

Annual report 2025A · The company itself

“We may lose sales or incur increased costs if our restaurants experience shortages, delays, or interruptions in the delivery of food and other products from our third party vendors and suppliers. We have a limited number of suppliers and distributors for certain of our products and services.”

Annual report 2026A · The company itself

“Any disruption, unanticipated or unusual expense or operational failure related to this process (including, without limitation, inventory receipt and delivery delays; increases in fuel costs; increases in transportation costs, including increased import freight costs, carrier or driver wages (as a result of driver shortages or otherwise); earlier than expected receipt of seasonal inventory leading to capacity constraints which can be exacerbated by unexpected delays in acquiring additional temporary warehouse space sufficient for our inventory needs; a decrease in transportation capacity for overseas shipments or port closures; labor shortages; or work stoppages or slowdowns) could negatively impact sales and profits.”

Annual report 2026A · The company itself

“Alihankkijat eivät välttämättä pysty tekemään toimituksia ajoissa tai Enersensen odottaman tason, kustannusrakenteen tai laadun mukaisesti, tai niiden toiminta voi olla muuten puutteellista tai lainsäädännön tai määräysten vastaista. Alihankkijat saattavat myös lakata toimittamasta palveluja Enersenselle, tai ne voivat nostaa hintoja merkittävästi.”

Annual report 2025A · The company itself

“Yhteistyökumppanit Enersense tekee yhteistyötä alihankkijoiden ja muiden kumppaneiden kanssa projektiensa ja palvelujensa eri vaiheissa. Ulkoistaminen sisältää tyypillisesti materiaalitoimituksia ja alihankintaa (esimerkiksi yhdyskuntatekniikkaa) sekä sellaisia resursseja ja laitteita, joita Enersense ei tarjoa tai pysty tarjoamaan.”

Annual report 2025A · The company itself

“Liiketoimintamalli ja arvoketju Enersensen keskeisiä tuotantopanoksia ovat teräs, sähkö- ja tietoliikennelaitteet ja alihankintapalvelut.”

Annual report 2025A · The company itself

“Todellinen, positiivinen vaikutus Arvoketjun alkupää, oma toiminta, arvoketjun loppupää Lyhyt–keskipitkä Suhteet tavaran- ja palveluntoimittajiin Epäonnistuminen alihankkijoiden ja materiaalintoimittajien vastuullisuusvaatimusten toimeenpanossa ja seurannassa sekä epäkohtiin puuttumisessa saattaisi tuoda yhtiölle lisävastuita sopimuksellisesti, johtaa avainasiakkaiden menettämiseen tai kilpailuedun menettämiseen, tai johtaa sakkoihin. Riski Arvoketjun alkupää, oma toiminta, arvoketjun loppupää Keskipitkä–pitkä Korruptio ja lahjonta Enersensen Baltian toiminnot ovat alttiimpia korruptiolle ja lahjonnalle: haavoittuvuus voi lisääntyä alueellisen markkinan pienen koon, paikallisten säännösten ja käytäntöjen epäselvyyden sekä mahdollisten liiketoimintakäytäntöjen, kuten epävirallisten verkostojen ja erilaisten neuvottelumuotojen käytön vuoksi.”

Annual report 2025A · The company itself

“Toimintoja, joissa käytetään paljon alihankkijoita, löytyy kaikista Enersensen liiketoimintayksiköistä. Power-liiketoimintayksikön osalta Baltian toiminnot ovat alttiimpia korruptiolle ja lahjonnalle.”

Annual report 2025A · The company itself

“Entergy’s and the Utility operating companies’ ability to complete capital projects, including the construction of power generation facilities, or make other capital improvements, such as transmission and distribution infrastructure replacements or upgrades, in a timely and cost-effective manner and within budget is contingent upon many variables and subject to substantial risks. These variables include, but are not limited to, availability of project management expertise, availability of qualified, skilled labor, escalating costs for materials, labor, and environmental compliance, reliance on suppliers for timely and satisfactory performance, delays and cost increases, and supply chains and material constraints, including those that may result from major storm events, both within and outside of Entergy’s service area.”

Annual report 2025A · The company itself

“Introduction Entra normally spends around NOK 2.5 billion annually on external suppliers. The main suppliers include the largest construction companies in Norway and their sub-suppliers, such as carpenters, electricians and plumbers. Within property management, the largest suppliers are facility service providers, including cafeteria operations and cleaning services agencies.”

Annual report 2024A · The company itself

“Episurf Medical är beroende av ett fortsatt nära samarbete med nuvarande och framtida partners, såsom forskare, teknikkonsulter, distributörer, kliniska prövningsledare och underleverantörer i fråga om produktion. Det finns en risk att nuvarande och framtida partners inte uppfyller sina åtaganden eller att partners med rätt expertis och kunskap inte finns att tillgå, vilket kan leda till förseningar eller försvåra utvecklingen av produkterna.”

Annual report 2024A · The company itself

“GRK:n keskeisiä alkupään toimintoja ja toimijoita ovat raaka-aineiden tuottajat, materiaalien valmistajat, kuljetuspalvelut ja aliurakoitsijat.”

Annual report 2025A · The company itself

“Pitkäaikaiset kumppanuudet aliurakoitsijoiden kanssa ovat olleet keskeinen osa GRK:n menestystä, tuoden projekteihin jatkuvuutta ja asiantuntemusta sekä aliurakoitsijoille vakaata työllisyyttä. x x lyhyt ja keskipitkä aikaväli Negatiivinen vaikutus (tosiasiallinen) Rakennusalalle tyypillisen kausivaihtelun vuoksi työsuhteet voivat osassa tehtävissä olla määräaikaisia.”

Annual report 2025A · The company itself

“GRK:n toimintaperiaatteet on kirjattu yhteistyökumppaneille toimitettaviin GRK:n Yritysvastuuvaatimuksiin. GRK:n maksuehto (yleensä enintään 30 vrk) tukee vastuullista ja reilua yhteistyötä, jossa myös pienemmillä toimijoilla on paremmat edellytykset toimia kannattavasti ja pitkäjänteisesti GRK:n kumppanina ja toimittajana. x x lyhyt ja keskipitkä aikaväli Korruptio ja lahjonta Ehkäiseminen ja havaitseminen, mukaan lukien koulutus Negatiivinen vaikutus (mahdollinen) Julkisten hankkeiden rakentaminen edellyttää usein merkittäviä julkisia varoja ja sääntelyvalvontaa, mikä voi luoda mahdollisuuksia korruptiivisille käytännöille, kuten lahjonnalle ja petoksille.”

Annual report 2025A · The company itself

“The Group operates an asset-light and flexible delivery model with on-site building, primarily on customer-owned land. Construction is outsourced to subcontractors, and the visibility of the order book enables a flexible cost base.”

Annual report 2025A · The company itself

“We constantly focus on optimising our integrated and scalable operating model by strengthening our supply chain and execution processes while outsourcing technical capabilities and advisory to deliver cost-efficient projects at scale while maintaining quality and execution discipline.”

Annual report 2025A · The company itself

“Strengthening of our position Our customer-centric co-creation concept focuses on the construction of homes – primarily on customers’ own land and through outsourced subcontractors, thus ensuring a low-risk delivery model that makes HusCompagniet’s business model flexible and adaptable to market cycles.”

Annual report 2025A · The company itself

“We rely on third parties in our supply chain to supply us, and our direct suppliers, with certain important components, raw materials, and consumables used in or with our products and services. In some cases, these third parties are sole or single-source suppliers.”

Annual report 2025A · The company itself

“Our dependence on third-party suppliers could negatively affect our ability to sell certain products or deliver our cloud-based software solutions, which could negatively affect our operating results We rely on third-party suppliers to provide components and raw materials (including biological materials) for our manufactured products, manufacture some of the products that we sell, provide the cloud-based infrastructure through which we deliver our cloud-based software solutions, and perform certain services, including package-delivery services. Actions taken by third-party suppliers in operating their business, as well as any disruptions to their business operations (or their suppliers' business operations), could disrupt our supply chain or operations and materially negatively impact our ability to supply the market or deliver our cloud-based software solutions, substantially decrease sales, lead to higher costs, and damage our reputation with our customers.”

Annual report 2025A · The company itself

“In addition, we currently purchase many products, components, and materials from sole or single sources, such as Ortho. Some of these products are proprietary and, therefore, cannot be readily or easily replaced by alternative sources. These products, components, and materials are used in our instruments, consumables and accessories; livestock and poultry diagnostic tests, dairy testing products; and water testing products.”

Annual report 2025A · The company itself

“Labor shortages and supply chain disruptions, among other challenges, continue to affect the ability of our associates, suppliers, and other business partners to carry out their assigned tasks, provide services, or supply materials at ordinary levels of performance relative to the conduct of our business.”

Annual report 2025A · The company itself

“Though we are internally managed, we use local and national third-party vendors and service providers to provide certain services for our properties and development projects. For example, we typically engage third-party home improvement professionals with respect to certain maintenance and specialty services, such as HVAC, roofing, painting, and floor installations.”

Annual report 2025A · The company itself

“We have entered into a multi-year contract with a third-party vendor to provide certain services for our properties. Because of the large volume of services under this contract, only a limited number of companies are capable of servicing our needs on this scale. Accordingly, the inability or unwillingness of this vendor to continue to provide these services on acceptable terms or at all could have a material adverse effect on our business.”

Annual report 2025A · The company itself

“This strategy depends on the performance of our counterparties and the ability of homebuilders to develop new homes specifically for our purchase. We rely on builder counterparties to acquire land suitable for residential building in our markets and to deliver quality homes at reasonable prices in a timely manner, in accordance with agreed to specifications. A failure of builder counterparties to perform in accordance with the terms of our agreements, could have a material adverse effect on our business.”

Annual report 2025A · The company itself

“KONGSBERG er i en fase med betydelig vekst, og det jobbes med å sikre leveranseforpliktelser gjennom en aktiv oppfølging av leverandørkjeden, utvidelse av produksjonskapasitet, effektivisere prosesser, samt sikre tilgang til kompetanse.”

Annual report 2024A · The company itself

“In some instances, we depend upon a single supplier for certain components, which adds risk because that supplier may at times be unable to meet our needs and because we may have limited negotiating leverage with sole-source suppliers. Identifying and qualifying dual and second-source suppliers can be difficult, time-consuming and may result in increased costs. Any inability to timely develop cost-effective alternative sources of supply could materially impact our ability to manufacture and deliver products and services to our customers.”

Annual report 2025A · The company itself

“Business and Operational Risks We depend on our subcontractors and suppliers, and failures in or disruptions to our supply chain could cause our products and or services to be produced or delivered in an untimely or unsatisfactory manner. Our ability to manufacture and deliver products and services to our customers requires our U.S. and non-U.S. subcontractors and suppliers to provide a variety of materials, components, subsystems and services.”

Annual report 2025A · The company itself

“We hire subcontractors for site improvements and virtually all of the work involved in the construction of homes. Arrangements with our subcontractors generally provide that our subcontractors will complete specified work in accordance with price and time schedules and in compliance with applicable building codes and laws.”

Annual report 2025A · The company itself

“We rely on subcontractors to perform the actual construction of our homes, and in many cases, to select and obtain building materials. Despite our detailed specifications and quality control procedures, in some cases, subcontractors may use improper construction processes or defective materials.”

Annual report 2025A · The company itself

“We rely on a large number of vendors and other third parties to perform key functions of our business operations and to provide services to our clients. These vendors and third parties may act or fail to act in ways that could harm our business. We rely on a large number of vendors and other third parties, and in some cases subcontractors, to provide services, data and information such as technology, information security, funds transfers, business process management, and administration and support functions that are critical to the operations of our business.”

Annual report 2025A · The company itself

“As we do not control many of the actions of these third parties, we are subject to the risk that their decisions or operations may adversely impact us and replacing these service providers could create significant delay in services or operations and additional expense. A failure by the third parties to (i) comply with service level agreements in a high quality and timely manner, particularly during periods of our peak demand for their services, (ii) maintain adequate internal controls that may impact our own financial reporting, or (iii) adequately maintain the confidentiality of any of our data or trade secrets or adequately protect or properly use other intellectual property to which they may have access, could result in economic and reputational harm to us.”

Annual report 2025A · The company itself

“Inköp av underentreprenörer utgör en betydande del av vår verksamhet och är avgörande för att säkerställa att projekten genomförs effektivt och med hög kvalitet. Vi samarbetar med ett brett nätverk av specialiserade underentreprenörer som bidrar med expertis inom områden som markarbete, installation och tekniska lösningar.”

Annual report 2024A · The company itself

“För att kunna garantera kvaliteten i våra uppdrag måste vi samarbeta med de bästa underentreprenörerna.”

Annual report 2024A · The company itself

“Nedstrøms-værdikæden: De pakkede tryksager transporteres i lastbiler ejet af underleverandører til distributionshubs og lokalkontorer, hvorfra de fordeles af underleverandører til lokale omdelere.”

Annual report 2025A · The company itself

“Omdelere distribuerer, til fods, på cykel eller i bil, tryksagerne i deres lokalområde.”

Annual report 2025A · The company itself

“We ship our products primarily by truck and rail. We have at times experienced lower availability of third-party trucking services, including truck and driver shortages, and service issues, interruptions, and delays in rail services, which are exacerbated in periods of high demand for such services.”

Annual report 2025A · The company itself

“Aktuelt ses der flere konkurser blandt underentreprenører i branchen, hvilket kan påvirke Aarsleffs evne til at levere aftalte projekter til tiden.”

Annual report 2025A · The company itself

“We rely on shipyards, their subcontractors and our suppliers to effectively construct our new ships and to repair, maintain, and upgrade our existing ships on a timely basis and in a cost effective manner. There are a limited number of shipyards with the capability and capacity to build, repair, maintain and/or upgrade our ships. As such, any disruptions affecting the shipyard supply chain will adversely impact our business as there are limited substitutes.”

Annual report 2025A · The company itself

“The Group depends on the ability of these suppliers to produce and supply the planned volume at the agreed time and quality, and thus significant fluctuations in revenue and gross profit may arise if some suppliers fail to supply as agreed.”

Annual report 2025A · The company itself

“In addition, we are largely dependent upon foreign sources for certain raw materials, such as cobalt, tantalum, chromium, rhenium, nickel, and titanium, and we rely on foreign suppliers as single-source suppliers of some components.”

Annual report unknown yearA · The company itself

“We do not have long-term contracts with some of our existing suppliers, nor do we always have guaranteed manufacturing capacity with many of our suppliers, so we cannot guarantee that they will devote sufficient resources or capacity to manufacturing our products. Any significant problems that occur at our suppliers could lead to product shortages or quality assurance problems.”

Annual report 2026A · The company itself

“Where we rely on a limited number of suppliers or a single supplier, the risk of supplier loss due to industry consolidation or a decline in financial performance is increased.”

Annual report 2026A · The company itself

“Supply chain excellence in imperative to Scanfil, bought services are approximately 70% of costs.”

Annual report 2025A · The company itself

“En betydelig del av verdiskapingen i konsernet skjer gjennom underentreprenører som supplerer Veidekkes kjernekompetanser. Utover egne ansatte arbeider mer enn 15 000 personer for Veidekke til enhver tid.”

Annual report 2024A · The company itself

“Veidekke er i de fleste tilfeller ansvarlig for å engasjere underentreprenører og leverandører.”

Annual report 2024A · The company itself

“Specifically, this encompasses the reliance and dependency on subcontractors for delivery services and investments which operate in high-risk sectors. Issues include potential poor working conditions for subcontractors and human rights risks in certain investments (e.g., medical equipment and consumables, and food and drink).”

Annual report 2024A · The company itself

“A key measure has been the transition to a new operational model to employ drivers directly instead of using subcontractors.”

Annual report 2024A · The company itself

“Supply Chain Constraints Our industry continues to face ongoing supply chain constraints and labor shortages, which have reduced the availability of essential equipment and supplies for constructing new generation facilities, increased the lead times for procuring materials, and raised labor costs associated with maintaining our natural gas, nuclear, and coal fleet.”

Annual report 2025A · The company itself

“Additionally, the increased demand for construction of renewables projects, such as battery ESS and solar projects, and other labor market and supply chain constraints have resulted, and may continue to result, in limited availability of qualified specialists, contractors, and necessary services or materials, leading to delays in and higher costs for the development and construction of our current and future planned projects.”

Annual report 2025A · The company itself

“Production of Scanship systems is outsourced to subcontractors.”

Annual report 2024A · The company itself

“We rely upon third-party carriers for our merchandise shipments and reliable data regarding the timing of those shipments, including shipments to our customers and to and from our stores. In addition, we are heavily dependent upon certain carriers for the delivery of our merchandise to our customers. Our dependence on these providers subjects us to certain risks which has caused, and could continue to cause, restrictions in shipping capacity and a related increase in costs.”

Annual report 2026A · The company itself

“Yhtiön tuotantomalli perustuu kokoonpanoon, joten pitkäjänteiset suhteet maailmanlaajuiseen toimittajaverkostoon ovat erittäin tärkeitä. Wärtsilällä on noin 5 500 suoraa maailmanlaajuista materiaalitoimittajaa.”

Annual report 2024A · The company itself

“För byggbranschen har det sämre konjunkturläget och minskade tillväxten också medfört ett ökande antal konkurser i underentreprenörsledet, något som påverkat Wästbygg Gruppen under 2024.”

Annual report 2024A · The company itself

“• Bristande lönsamhet till följd av stigande projektkostnader. Risken innebär även att leverantörer inte kan fullfölja sitt kontraktsenliga åtagande gentemot bolaget och projekten. • Ekonomiska förluster och omfattande störningar på grund av konkurser hos leverantörer som drabbar bolaget och projekten i kritiska faser.”

Annual report 2024A · The company itself

“Intäkterna för helåret uppgick till 1 880 mkr (1 656) och affärsområdet redovisade ett resultat på 33 mkr (-55). Resultatet belastades av ökade kostnader i några projekt efter att en större markentreprenör gick i konkurs i början av året.”

Annual report 2024A · The company itself

“En stor del av Wästbygg Gruppens produktionsarbete sker via underentreprenörer. Därmed är val av de bolag som vi samarbetar med och anlitar viktiga för att minska vår finansiella risk samt för att främja sund konkurrens och värna om mänskliga rättigheter.”

Annual report 2024A · The company itself

“Wästbygg Gruppen lägger stort fokus på att bibehålla kontrollen över hållbarhetsfrågan i våra komplexa byggprojekt, med många upphandlade aktörer och leverantörer i flera led. Ett viktigt styrmedel är inköpsarbetet. Som grund för våra inköp använder vi vårt ISO-certifierade ledningssystem med körscheman, checklistor och inköpsmallar för att säkerställa ett strukturerat inköpsarbete och korrekta avtal för såväl inköp av material som av tjänster från underleverantörer.”

Annual report 2024A · The company itself

“A portion of our revenue comes from complex, multi-year projects that involve significant risks, including delays, cost overruns, scope changes, unanticipated site conditions, design and engineering issues, incorrect cost assumptions, rising material and labor costs, health and safety hazards, subcontractor performance issues, supply chain disruptions, weather events, and changes in laws, regulations or permitting requirements.”

Annual report 2025A · The company itself

“If a vendor encounters financial difficulty such as bankruptcy or otherwise becomes unable to provide critical utilities, security, construction, or other essential services, we may experience significant interruptions in service and disruptions to business operations at our properties, incur remediation costs, and become subject to claims and damage to our reputation.”

Annual report 2025A · The company itself

“We rely on a limited number of vendors to provide key services, including, but not limited to, utilities and construction services, at certain of our properties. If, as a result of unanticipated events, including those resulting from climate change, these vendors fail to adequately provide key services, we may experience significant interruptions in service and disruptions to business operations at our properties, incur remediation costs, and become subject to claims and damage to our reputation.”

Annual report 2025A · The company itself

“We rely on a number of third-party suppliers and contractors to supply raw materials, skilled labor, and services for our construction projects. We have not encountered significant difficulty collaborating with these third-party suppliers and contractors and obtaining materials and skilled labor, nor experienced significant delays or increases in overall project costs due to the factors discussed above.”

Annual report 2025A · The company itself

“While we do not rely on any single supplier or vendor for the majority of our materials and skilled labor, we may experience difficulties obtaining necessary materials from suppliers or vendors whose supply chains might become impacted by economic or political changes, outmoded technology, aging infrastructure, shortages of shipping containers and/or means of transportation, or difficulties obtaining adequate skilled labor from third-party contractors. It is uncertain whether we would be able to continue to source the essential commodities, supplies, materials, and skilled labor timely or at all without incurring significant costs or delays, particularly during times of economic uncertainty resulting from events outside of our control.”

Annual report 2025A · The company itself

“Production of the Invisalign System and iTero intraoral scanners could also be limited by capacity constraints due to a variety of factors, including labor shortages, shipping delays, our dependency on third-party vendors for key materials, parts, components and equipment, the quality of or changes in product components, and limited production yields.”

Annual report 2025A · The company itself

“We will continue to advance our operating model and secure globally resilient operations by balancing our footprint and strengthening supply chain resilience to reliably deliver innovative solutions.”

Annual report 2025A · The company itself

“Our ability to serve our customers and operate our business in compliance with regulatory requirements is dependent upon purchasing or securing necessary goods and services from our suppliers and vendors. These items include but are not limited to contracted services, chemicals, pipe, valves, hydrants, fittings, equipment (including personal protective equipment), water, and power and other fuel. Examples of supply chain disruptions include reduced quantities of goods available in the marketplace, delays in manufacturing or shipping goods, labor shortages at our suppliers or vendors, natural or other disasters and operational impacts to some of our suppliers or vendors.”

Annual report 2025A · The company itself

“Earthquakes, fires, tsunamis, extreme precipitation and flooding, public health emergencies or other catastrophic events may disrupt local semiconductor-related businesses and adversely affect manufacturing capacity, availability and cost of key raw materials, utilities and equipment, and availability of key services, including transport of our products worldwide.”

Annual report 2025A · The company itself

“In addition, we operate an assembly, wafer sort and testing facility in Penang, Malaysia and wafer sort and test facilities in the Philippines and Thailand. We also make extensive use of third-party subcontractors for the assembly and testing of our products.”

Annual report 2025A · The company itself

“In 2024, we assessed 98 suppliers, representing 87% of our direct spend on hardware and software. Suppliers were prioritized for assessment based on specific criteria, including risk, procurement spend and leverage through individual initiatives and industry-wide efforts.”

Annual report 2024A · The company itself

“The functions in Atea most at risk for corruption and bribery are front-line employees and those handling public sector tenders. Our procurement is not deemed to be at risk, as we are not dependent on specific suppliers.”

Annual report 2024A · The company itself

“Management of relationships with suppliers Managing our relationships with suppliers is an important component of our company’s sustainable business practices. It’s a way to manage social and environmental risks, business conduct and impacts in our supply chain. Atea expects all suppliers to comply with applicable laws and regulations and our Supplier Code of Conduct.”

Annual report 2024A · The company itself

“Supplier Assessment Program Atea’s Supplier Assessment Program ensures suppliers adhere to international guidelines, industry standards, the Supplier Code of Conduct and customer requirements. Assessments check if suppliers have conducted an EcoVadis assessment, committed to the Science Based Targets initiative, are 116 116 members of the Responsible Business Alliance, publish annual sustainability reports, have responsible sourcing policies and processes for corrective actions.”

Annual report 2024A · The company itself

“Atea’s Code of Conduct sets the principles and guidelines for ethical business practices and compliance with anti-corruption laws. It applies to all employees in the Group as well as contracted consultants.”

Annual report 2024A · The company itself

“Our philosophy is to manufacture in-house such components that are critical to the equipment’s performance. For other components, we leverage the capacity and competence of our business partners.”

Annual report 2024A · The company itself

“The availability of many components is dependent on suppliers, and efficient supply chains, and if they have interruptions or lack capacity, this may affect deliveries.”

Annual report 2024A · The company itself

“Such disruptions may result from damage or destruction of our distribution centers, our ability to attract and retain qualified drivers, costs associated with maintaining or operating our fleet or macroeconomic conditions impacting the broader logistics or supply chain industry at large. For example, in recent years, ports, rails and domestic long-hauls in the U.S. and elsewhere have been negatively impacted by capacity constraints, congestion and delays, periodic labor disputes, security issues, weather-related events, natural disasters, and other factors beyond our control.”

Annual report 2025A · The company itself

“We depend on U.S. domestic and international suppliers for the delivery of components used in the assembly of our products. Our reliance on third party suppliers creates risks, including our ability to obtain adequate supply of components or sub-assemblies and both single or sole-source components used in the manufacture of our products.”

Annual report 2025A · The company itself

“Many of the raw materials essential to our business require the use of rail, storage, and trucking services to transport the materials to our job sites. These services, particularly during times of high demand, may cause delays in the arrival of or otherwise constrain our supply of raw materials. These constraints could have a material adverse effect on our business and consolidated results of operations.”

Annual report 2025A · The company itself

“Intäkter i distributörssegmentet De egna produktbolagen för produktområdena underkläder respektive sportkläder genererar intäkter till Björn Borg från sin försäljning av produkter till distributörer.”

Annual report 2024A · The company itself

“These include, without limitation: (a) labor disputes, shortages of material and skilled labor, or work stoppages, (b) delays in construction caused by adverse weather conditions, materials delays, insufficient power sources or equipment failure, (c) less than optimal coordination with public utilities in the relocation of their facilities and (d) catastrophic events such as explosions, fires or terrorist attacks.”

Annual report 2025A · The company itself

“Investments may involve the subcontracting of design and construction activities in respect of projects, and, as a result, are subject to the risks that contractual provisions passing liabilities to a subcontractor are ineffective, a subcontractor fails to perform services which it has agreed to perform and a subcontractor becomes insolvent.”

Annual report 2025A · The company itself

“Additionally, various sources of supply-chain risk, including strikes or shutdowns at delivery ports or loss of or damage to our products while they are in transit or storage, intellectual property theft, losses due to tampering, third-party vendor issues with quality or sourcing control, failure by our suppliers to comply with applicable laws and regulation, potential tariffs or other trade restrictions, or other similar problems could limit or delay the supply of our products or harm our reputation.”

Annual report 2025A · The company itself

“Bristen på byggmaterial och tjänster orsakar förseningar i bolagets bostadsprojekt och leder till ökade kostnader.”

Annual report 2024A · The company itself

“We have also faced and may continue to face disruptions in the transportation of materials, components and our products within our global supply chains, including as a result of labor disputes or shortages, strikes, port closures, public health crises or geopolitical developments, which may cause delays in the shipment of our products or other disruptions to our business, as well as increased freight costs.”

Annual report 2025A · The company itself

“The success of our supply chain relies on the continued performance of a wide array of third parties. Suppliers, vendors, co-manufacturers, third-party outsourcers, warehousing partners, and transportation providers are among our critical business partners.”

Annual report 2025A · The company itself

“Because we have less experience with residential properties than with office and retail properties, we retain third parties to manage our residential properties. When we hire a third-party manager, we are dependent on them and their key personnel who provide services to us and we may not find a suitable replacement if the management agreement is terminated, or if key personnel leave or otherwise become unavailable to us.”

Annual report 2025A · The company itself

“Our development, reposition, redevelopment, and other construction activities may also be exposed to a number of risks which may delay timely completion, increase our construction costs, and/or decrease our profitability, including the following: •inability to obtain, or delays in obtaining, necessary zoning, land-use, building, occupancy, and other required permits and authorizations; •disruptions in the supply of materials or labor, increased materials and labor costs, problems with contractors or subcontractors, or other costs including those arising from tariffs, duties, import-related taxes, or errors and omissions which occur in the design or construction process; •shortages of materials; •inability to obtain financing with favorable terms; •inability to complete construction and/or lease-up of a community on schedule; •forecasted occupancy and rental rates may differ from the actual results; and •the incurrence of costs related to the abandonment of development opportunities which we have pursued and subsequently deemed unfeasible.”

Annual report 2025A · The company itself

“These suppliers and service providers may be unable to deliver on their commitments, which could negatively impact our business.”

Annual report 2025A · The company itself

“We rely on a combination of internal and external logistics to transport vehicles to and from wholesale auctions, IRCs, hubs, vending machines, and our customers. As a result, we are exposed to risks associated with the transportation industry such as weather, traffic patterns, gasoline prices, recalls affecting our vehicle fleet, local and federal regulations, vehicular crashes, insufficient internal capacity, rising prices of transportation vendors, taxes, license and registration fees, insurance premiums, self-insurance levels, difficulty in recruiting and retaining qualified drivers, disruption of our technology systems, equipment supply, equipment quality, and increasing equipment and operational costs.”

Annual report 2025A · The company itself

“Inflation Risk We are affected by inflationary factors such as decreased vehicle affordability, including as a result of high interest rates, and increases in supply chain and logistics costs, materials costs, and labor costs.”

Annual report 2025A · The company itself

“We rely on our distribution and transportation network, which includes our drivers and distribution center Team Members, and the networks of our vendors and direct store delivery partners, to provide products to our distribution centers and stores in a timely and cost-effective manner. Any disruption, unanticipated or unusual expense or operational failure related to this process, including our inability, or that of our delivery partners, to hire and/or retain enough qualified drivers and distribution center Team Members to meet demand, could affect our store operations negatively.”

Annual report 2026A · The company itself

“We rely on third parties, and in some cases subcontractors, to perform activities on behalf of our organization to improve quality, increase efficiencies, cut costs and lower operational risks across our business and support functions.”

Annual report 2025A · The company itself

“Further, our major capital projects depend on the availability and performance of engineering firms, construction firms, equipment and material suppliers, transportation providers and other vendors necessary to design and implement those projects on a timely basis and on acceptable terms. Our major capital projects are subject to a number of risks, any of which could prevent us from completing such projects in a timely or economic manner or at all, including, cost overruns, non-performance of third parties, slowdowns or other delays in contemplated construction timelines, modularization of certain components, the inability to obtain necessary permits or other permitting matters, adverse weather, defects in materials and workmanship, labor and raw material shortages, transportation constraints, changes to international trade-related policy, engineering and construction change orders, errors in design, construction or start-up, and other unforeseen difficulties.”

Annual report 2025A · The company itself

“There is no guarantee we may be able to continually use alternative suppliers and alternative parts as we scale production to meet our growth targets. Additionally, if our suppliers do not accurately forecast and effectively allocate production or if they are not willing to allocate sufficient production to us, it may reduce our access to components and require us to search for new suppliers.”

Annual report 2025A · The company itself

“We depend on the orderly operation of the merchandise receiving and distribution process, primarily through our depots. We also rely upon processing, packaging, manufacturing and other facilities to support our business, which includes the production of certain private-label items. Although we believe that our operations are efficient, disruptions due to extreme weather, pandemics or other catastrophic events, labor issues, work stoppage, or other shipping problems may result in delays in the production and delivery of merchandise to and the operation of our warehouses, which could adversely affect sales and the satisfaction of our members.”

Annual report 2025A · The company itself

“Our distribution operations depend on the effective functioning of global transportation and logistics networks, including ports, carriers, and third-party service providers. Disruptions to these networks, including labor shortages or disputes, capacity constraints, fuel and freight cost volatility, routing inefficiencies, or infrastructure limitations could increase delivery times, delay inbound or outbound shipments, strain distribution capacity, increase fulfillment and other costs, and impair our ability to efficiently receive, store, and distribute products.”

Annual report 2026A · The company itself

“The tight tonnage situation seen during the past years in the market for chartering and sale/purchase of newer ferries eased somewhat”

Annual report 2025A · The company itself

“The unavailability, high cost or shortages of rigs, equipment, raw materials, supplies, oilfield services or personnel may restrict our operations. The oil and natural gas industry is cyclical, which can result in shortages of drilling rigs, equipment, raw materials (particularly sand and other proppants), supplies and personnel.”

Annual report 2025A · The company itself

“In accordance with customary industry practice, we rely on independent third-party service providers to provide most of the services necessary to drill new wells. If we are unable to secure a sufficient number of drilling rigs at reasonable costs, our financial condition and results of operations could suffer, and we may not be able to drill all of our acreage before our leases expire.”

Annual report 2025A · The company itself

“the transpor-tation of goods is handled by third parties”

Annual report 2025A · The company itself

“While we do warehousing activities based on leased facilities, the transpor-tation of goods is handled by third parties. We work with a global network of container carriers, airlines, road hauliers and railway operators and choose the best partners based on capacity, reliability, sustainability, transit time and price.”

Annual report 2025A · The company itself

“As one of the largest buyers of transportation services globally, we and our customers benefit from keen pricing and strong relationships with carriers. Being a platform business, our customers see greater value as our network grows.”

Annual report 2025A · The company itself

“FedEx has engaged third-party service providers, vendors, and suppliers to perform certain key functions, including the provision of information technology infrastructure, application development, maintenance and support, and end-user support services. There can be no assurance that our third-party service providers, vendors, and suppliers will perform contractual service obligations or adhere to compliance requirements, and such service providers, vendors, and suppliers may suffer disruptions to their systems, labor groups, or supply chains that could adversely affect their services.”

Annual report 2026A · The company itself

“The nature of our operations can expose our associates, contractors, customers, suppliers and other individuals to health and safety risks, which can lead to loss of life or severe injuries or illness. Additionally, we operate a large fleet of trucks and other vehicles and therefore face the risk of traffic accidents and other fleet incidents involving the motoring public.”

Annual report 2025A · The company itself

“We may be negatively impacted by a disruption to our supply chain or third-party delivery service providers, including if the factories that manufacture our point-of-sale devices, payment cards or computer chips for payment cards, or paper stock are temporarily closed or experience workforce shortages; shipping services are interrupted or delayed; there are increased lead times, shortages or higher costs for certain materials and components; or there are workforce shortages at our third-party customer support, software development or technology hosting facilities.”

Annual report 2025A · The company itself

“All construction-related projects require us to carefully select and rely on the experience of one or more designers, general contractors and associated subcontractors during the design and construction process. Should a designer, general contractor, significant subcontractor or key supplier experience financial problems or other problems during the design or construction process, we could experience significant delays, increased costs to complete the project and/or other negative impacts to our expected returns.”

Annual report 2025A · The company itself

“Inköp Koncernens dotterbolag samarbetar med noga utvalda rekommenderade leverantörer av både varor och tjänster. Långsiktighet i affärsrelationer eftersträvas.”

Annual report 2024A · The company itself

“Performance problems due to outsourcing and other third-party relationships may compromise our ability to conduct business. We outsource certain business and administrative functions and rely on third-party vendors to perform certain functions or provide certain services on our behalf and have a significant number of information technology and business processes outsourced with a single vendor.”

Annual report 2025A · The company itself

“MANAGEMENT OF RELATIONSHIPS WITH SUPPLIERS INCLUDING PAYMENT PRACTICES Impact Actual Positive Long-term relationships with Harvia suppliers and partners and together developing sustainability Harvia’s long-term supplier relationships enable continuous collaboration to improve sustainability performance across the value chain. Through its Supplier Code of Conduct, assessments, commitment from suppliers and joint development, Harvia promotes ethical, responsible, and transparent business practices.”

Annual report 2025A · The company itself

“Long-term relationships with key suppliers and customers provide stability and flexibility in a balanced manner.”

Annual report 2025A · The company itself

“Felaktiga eller uteblivna leveranser från en leverantör kan i sin tur orsaka försenade eller uteblivna leveranser från Hexagons sida, vilket kan resultera i minskad försäljning.”

Annual report 2024A · The company itself

“Varmistaakseen toimittajaverkoston luotettavuuden ja sujuvat toimitukset, mikä on edellytys yhtiön menestykselle, Hiab suosii pitkäaikaisia ja paikallisia toimittajasuhteita.”

Annual report 2025A · The company itself

“Yhtiö tekee yhteistyötä tuhansien toimittajien kanssa ympäri maailman, ja toimittajia valittaessa käytetään monenlaisia kriteereitä, kuten laatua, luotettavuutta, toimitusvarmuutta, kestävää kehitystä ja hintaa.”

Annual report 2025A · The company itself

“Changes in the business condition (financial or otherwise) of these suppliers could subject the company to losses and affect its ability to bring products to market. Further, the failure of the company’s suppliers to deliver components, supplies, services and raw materials in sufficient quantities, in a timely or secure manner, and in compliance with all applicable laws and regulations could adversely affect the company’s business.”

Annual report 2025A · The company itself

“We also utilize independent contractors and third-party carriers to complete our services. These third parties are subject to similar regulation requirements, which may have a more significant impact on their operations, causing them to exit the transportation industry.”

Annual report 2025A · The company itself

“Jeudan anvender i visse tilfælde eksterne udbydere af services, herunder håndværkere og entreprenørselskaber, og er i disse situationer aængig af, at disse eksterne udbydere af services kan opfylde den indgåede aale med hensyn til blandt andet leveringstid og kvalitet. Jeudan gennemfører projektering, entrepriser og servicekontrakter for såvel kunder i Jeudans ejendomme som for kunder i andre ejendomme.”

Annual report 2025A · The company itself

“Aktörer uppströms i värdekedjan har en väsentlig påverkan som inkluderar miljö och arbetsvillkor. Genom att kräva att JMs leverantörer arbetar enligt JMs uppförandekod och relevanta klimatmål, ökar möjligheterna att även företag i leverantörsled förbättrar hållbarhetsarbetet och socialt ansvarstagande. JM har som betydande beställare av produkter och tjänster både möjlighet och ansvar att säkerställa ekonomiskt, socialt och miljö - mässigt hållbara leveranskedjor.”

Annual report 2024A · The company itself

“•Disruptions to our manufacturing or supplier operations could adversely affect us. •Inflationary pressures and related volatility in the cost or availability of raw materials and other inputs for our products, including due to military conflicts, tariffs, and other adverse economic or market conditions. •Information security incidents, including cybersecurity breaches, interruption, breakdown, corruption, destruction, breach, or failure of Technology Systems (as defined below) operated by us or a third party, which could result in reputational damage, operational disruption, and significant associated costs. •Our ability to attract and retain a skilled workforce, reflecting our consumers, and to implement succession plans.”

Annual report 2025A · The company itself

“We may need to incur substantial expenses to address issues with a service provider, and if the issues cannot be acceptably resolved, we may not be able to timely or effectively replace the service provider due to contractual restrictions, the unavailability of acceptable alternative providers, or other reasons. Further, regardless of how much we can influence our service providers, issues of concern with them could result in supervisory actions and private litigation against us and could harm our reputation, business, and financial results.”

Annual report 2025A · The company itself

“KlaraBo är vidare beroende av strategiska leverantörer för leverans av material och specialanpassade lösningar i samband med byggnation, samt även andra entreprenörer för utförandet av olika typer av arbeten på fastigheterna. Om en viss leverantör eller entreprenör inte förmår att fullfölja avtalen, t.ex. genom att inte leverera rätt utrustning, av rätt kvalitet, i rätt tid eller om samarbetet med en viss leverantör eller entreprenör avbryts på grund av exempelvis konkurs, eller inte fungerar väl, kan det leda till väsentliga förseningar av KlaraBos byggprojekt.”

Annual report 2024A · The company itself

“KONE käyttää myös huomattavasti alihankittuja asennusresursseja, on ulkoistanut joitakin liiketoiminnan tukiprosesseja ja tekee yhteistyötä kumppaneiden kanssa mm. digitaalisissa palveluissa ja logistiikassa.”

Annual report 2025A · The company itself

“We depend on our teaming arrangements and relationships with other contractors and subcontractors. If we are not able to maintain these relationships, or if these parties fail to satisfy their obligations to us or the customer, our revenues, profitability and growth prospects could be adversely affected. We rely on our teaming relationships with other prime contractors and subcontractors, who are also often our competitors in other contexts, to submit bids for large procurements or other opportunities where we believe the combination of services and products provided by us and other companies will help us to win and perform the contract.”

Annual report 2026A · The company itself

“We manufacture many of our products at single-location production facilities. In certain instances, we heavily rely on suppliers who also may concentrate production in single locations or source unique, necessary products from only one supplier.”

Annual report 2025A · The company itself

“Tyypillisesti alihankinnan työntekijät työskentelevät Luotean tai asiakkaiden tiloissa erityisesti logistiikassa, ympäristörakentamisen hankkeissa sekä prosessipuhdistuksen ja kiinteistön ylläpidossa tuotannollisissa tehtävissä, joissa voi esiintyä tosiasiallisesti esimerkiksi kohonnut työturvallisuusriski. Syrjintää ja työntekijöiden hyväksikäyttöä voi esiintyä paljon ulkomaalaisia työntekijöitä työllistävillä palvelualoilla. Näitä ovat Luoteassa mm. siivouksen ja kiinteistöhuollon alihankinta ja vuokratyö.”

Annual report 2025A · The company itself

“Luotean toiminta on riippuvainen muun muassa alihankinnasta, kuten esimerkiksi kuljetusalihankinnasta, jota käytetään täydentämään Luotean omaa logistiikkaa.”

Annual report 2025A · The company itself

“In 2025, Metso’s procurement spend was approximately EUR 3.6 billion (2024: EUR 3.3 billion), and the company collaborated with around 17,000 suppliers in 82 countries (2024: over 18,000 and 98).”

Annual report 2025A · The company itself

“Our operating results may be adversely impacted by the inability of our key suppliers to provide us with necessary raw materials, components, or equipment. Our manufacturing operations require a continuous supply of raw and processed materials, components, and production equipment that must meet stringent performance and quality standards. Although we generally maintain multiple sources for these items, only a limited number of suppliers may be capable of meeting our technical requirements.”

Annual report 2026A · The company itself

“För att minska risken av ensidigt beroende till en aktör så arbetar vi aktivt med att ha minst två leverantörer certifierade för varje komponent och material till solpanelerna och till vår DUO-utrustning.”

Annual report 2024A · The company itself

“Purchase Obligations We have various long-term supply contracts and distribution agreements with unaffiliated third parties and our joint venture partners to purchase materials used in production and packaging and to provide distribution services. Certain supply contracts provide that we purchase certain minimum levels of materials throughout the terms of the contracts.”

Annual report 2025A · The company itself

“We might not be able to deliver our products on a timely basis if our relationships with our assembly and test subcontractors are disrupted or terminated. We do not have direct control over product delivery schedules or product quality because all of our products are assembled by third-party subcontractors and a portion of our testing is currently performed by third-party subcontractors. Also, due to the amount of time typically required to qualify assembly and test subcontractors, we could experience delays in the shipment of our products if we were forced to find alternate third parties to assemble or test our products. In addition, current and potential global conflicts and supply chain disruptions may materially impact our assembly or testing suppliers’ ability to operate.”

Annual report 2025A · The company itself

“Stærke og stabile relationer med materialeleverandører, underleverandører og andre partnere”

Annual report 2025A · The company itself

“We rely on our global supply chain to procure goods and services from suppliers and contractors to support our operations and projects. We are exposed to material availability, disruption and performance risks across our supply chain, including lack of suitable suppliers or contractors, cost increases, impacts of pandemics and epidemics on the supply chain, transportation and logistics issues including delays in delivery, disruption to trade flows due to geopolitical tensions and/or changes in legislation, performance of suppliers and contractors to contractual terms, and damage to our reputation caused by actions of our suppliers or contractors.”

Annual report 2025A · The company itself

“Merparten av komponenterna i de produkter som koncernens tre affärsområden marknadsför tillhandahålls av ett flertal leverantörer i Europa och världen i övrigt. Leverantörerna kan skada NIBEs rykte om de inte lever upp till internationellt överenskomna principer för mänskliga rättigheter, arbetsvillkor, miljöskydd, etiskt affärsbeteende och/eller socialt ansvar, eller om de bryter mot den nationella lagstiftningen inom dessa områden.”

Annual report 2024A · The company itself

“Supply chain issues related to shortages of materials, labor and transportation logistics may lead to delays in the maintenance and replacement of aging or damaged infrastructure, which could increase the probability and/or impact of a public safety incident. We lack diversity in suppliers of some gas materials. While we have implemented contractual protections with suppliers and stockpile certain materials in inventory, these efforts may not be effective in ensuring that we can obtain adequate emergency supply on a timely basis in each state, that no compromises are being made on quality and that we have alternate suppliers available.”

Annual report 2025A · The company itself

“Risken att en leverantör inte kan leverera till Nolato i tid eller med rätt kvalitet. Om en betydande, strategisk leverantör inte uppfyller sina åtaganden kan vi få problem att i vår tur leve rera i rätt tid eller med rätt kvalitet till våra kunder.”

Annual report 2024A · The company itself

“At December 31, 2025, we had $23.9 billion of purchase obligations, approximately half of which are short-term. Purchase obligations are largely comprised of open purchase order commitments to suppliers and subcontractors under U.S. government contracts.”

Annual report 2025A · The company itself

“Limited capacity and availability of shipyards and related subcontractors, including a lack of viable Dry-dock facilities in the Western Hemisphere, could impact our ability to construct or repair ships as needed.”

Annual report 2025A · The company itself

“Bolaget utför fastighetsförvaltning med egen personal, medan entreprenörer anlitas för daglig drift och skötsel av bolagets fastigheter då detta i dagsläget är den mest kostnadseffektiva lösningen. Då även NP3s drift- och skötselentreprenörer har direktkontakt med hyresgästerna påverkar deras agerande bolagets långsiktiga relation till hyresgästerna.”

Annual report 2024A · The company itself

“Construction We utilize independent subcontractors under fixed price contracts to perform construction work on our homes. We use many independent subcontractors in our various markets and we are not dependent on any single subcontractor or on a small number of subcontractors.”

Annual report 2025A · The company itself

“Our growth may be limited by the availability and cost of third-party transportation used to supplement our workforce and equipment needs. Our growth strategy depends upon our ability to maintain adequate capacity throughout our service center network to support the transportation service needs of our customers. In order to maintain adequate capacity to support our customers’ demand for our services we may, from time to time, utilize third-party transportation services to supplement the capacity of our workforce and fleet.”

Annual report 2025A · The company itself

“Cyber security threats and dependencies on critical suppliers and machinery expose Outokumpu to the risk of operational disruption and additional costs.”

Annual report 2025A · The company itself

“In summary, key changes to the previous double materiality assessment are as follows: • Identification of the material positive impacts Outokumpu has in managing its relationships with suppliers resulting in materiality of G1-2 Management of relationships with suppliers.”

Annual report 2025A · The company itself

“(G1-MDR-T-80-(j)) Approach to relationships with suppliers Outokumpu's supplier relationships management pursues fostering a resilient and ethical supply chain, balancing sustainability, quality, and reliability as well as cost-efficiency. By promoting sustainable practices, Outokumpu aims to create a positive impact throughout the supply chain, while creating the best value for its operations.”

Annual report 2025A · The company itself

“Förvaltning av förbindelser med leverantörer, inbegripet betalningsrutiner Peab följer de betalningsvillkor som fastställts i enlighet med EU-direktivet om sena betalningar (2011/7/EU).”

Annual report 2024A · The company itself

“Leverantörer och underentreprenörer (UE) Brister i kontroll av leverantörskedjan utgör en risk. Fel val av leverantör eller UE kan leda till kvalitetsbrister och leveransstörningar. Leverantörer eller UE:n som agerar i strid med lag, avtal eller bryter mot Peabs leverantörskod innebär oacceptabla risker.”

Annual report 2024A · The company itself

“Under 2024 uppgick vår genomsnittliga betalningstid till 30 dagar.”

Annual report 2024A · The company itself

“Further, the Utility often enters into agreements for third-party contractors to perform work, such as patrolling and inspection of facilities, vegetation management, or the construction or demolition of facilities. The Utility has less control over contractors than its employees but may retain liability for the quality and completion of the contractor’s work. The Utility has been and may in the future be subject to penalties or other enforcement action if a contractor violates applicable laws, rules, regulations, or orders.”

Annual report 2025A · The company itself

“We increasingly rely on third-parties and their subcontractors/suppliers, sometimes concentrated in a specific geographic area, for product distribution and to manufacture some of our products and product parts (particularly, electronic devices and accessories), as well as to provide services, including to support our finance, commercialization and information technology processes. While many of these arrangements improve efficiency and decrease our operating costs, they also diminish our direct control.”

Annual report 2025A · The company itself

“We often utilize the services of third parties to transport crude oil or other feedstocks, NGL, refined petroleum and renewable fuels products to and from our facilities. In addition to our own operational risks, we could experience interruptions of supply or increases in costs to deliver our products to market if the ability to transport is disrupted because of weather events, natural disasters, accidents, governmental regulations, public health crises, armed hostilities, or third-party actions, including protests.”

Annual report 2025A · The company itself

“Additionally, these and other economic conditions may cause our suppliers, distributors, contractors or other third-party partners to suffer financial or operational difficulties that they cannot overcome, resulting in their inability to provide us with the materials and services we need, in which case our business and results of operations could be adversely affected.”

Annual report 2026A · The company itself

“Substantially all of our construction work is performed by independent subcontractors under contracts that establish a specific scope of work at an agreed-upon price. Using a selective process, we have aligned with what we believe are premier subcontractors and suppliers to deliver quality throughout all aspects of the house construction process.”

Annual report 2025A · The company itself

“We rely on subcontractors to perform the actual construction of our homes and, in some cases, to select and procure building materials. Despite our detailed specifications and quality control procedures, in limited cases, subcontractors may use improper construction processes or defective materials.”

Annual report 2025A · The company itself

“If franchisees do not successfully operate their businesses in a manner consistent with required standards, royalty payments owed to us will be adversely affected and our brands’ image and reputation could be harmed. Similarly, if franchisees, subcontractors, and vendors do not successfully operate their businesses in a manner consistent with required laws, standards and regulations, we could be subject to claims from regulators or legal claims for the actions or omissions of such third-party franchisees, subcontractors, and vendors.”

Annual report 2025A · The company itself

“Our franchisees, subcontractors, and vendors could take actions that could harm our business. Our franchisees, subcontractors, and vendors are contractually obligated to operate their businesses in accordance with the standards set forth in our agreements with them and applicable laws and regulations. Each of our brands that are franchised also provides training and support to franchisees.”

Annual report 2025A · The company itself

“Vi förbättrade produktiviteten inom vår verksamhet genom process- och konsolideringsåtgärder, aktiv styrning av inköpsprocesser och ökad kontroll av vår leveranskedja. Bemanningsmodellerna justerades och vi beslutade om var vi ska använda vår egen expertis och vad vi ska lägga ut på entreprenad eller var vi ska arbeta med partners.”

Annual report 2024A · The company itself

“Our businesses depend on the performance of business partners, customers, suppliers, contractors, and other counterparties under contractual and other arrangements to provide, among other things, services, supplies, equipment or commodities. If they fail to perform their obligations in accordance with these arrangements or elect to exercise early termination rights, we may be unable to meet our obligations and may be required to secure alternative arrangements, if available, or honor our underlying commitments at then-current market prices, which may result in losses or delays or other operational disruptions.”

Annual report 2025A · The company itself

“In these services, Siili utilises both its own personnel and experts working for Siili on an entrepreneurial contract.”

Annual report 2025A · The company itself

“SkiStar arbetar med många olika leverantörer inom bolagets olika affärsområden. Majoriteten av SkiStars leverantörer kommer från Skandinavien och Europa. SkiStars största leverantörer finns inom affärsområdena Drift av fjällanläggningar och Fastighetsutveckling och exploatering.”

Annual report 2024A · The company itself

“The Company is reliant upon third-party vendors and service providers, and the Company’s competitive position is dependent in part on its ability to obtain and maintain commercially reasonable terms with those parties. Disruptions to capital markets, shortages of skilled personnel, supply chain disruptions, increased regulation, geopolitical developments, tariffs, and/or adverse economic conditions could subject certain of the Company’s third-party vendors and service providers to significant financial pressures, which could lead to delays and other performance issues, ceased operations, or even bankruptcies among these third-party vendors and service providers.”

Annual report 2025A · The company itself

“Some items we purchase for the manufacture of our products are purchased from limited or single sources of supply due to technical capability, price and other factors. Furthermore, sole source supply is more common among our businesses that are heavily involved in R&D because there can be few suppliers in the world capable of producing the products or providing the services with the right highly specialized technology.”

Annual report 2025A · The company itself

“We have also outsourced from time to time the manufacturing of certain parts, components, subsystems and even finished products to single or limited sources, including international sources. Disruption of these sources or supplier-imposed rationing of scarce components could cause delays or reductions in shipments of our products or increases in our costs, which could have an adverse effect on our financial condition or operations.”

Annual report 2025A · The company itself

“Andra viktiga delar av den uppströms värdekedjan Ericsson köper också in fälttjänster från leverantörer, som i sin tur levererar nätinstallation och underhållstjänster på plats hos kunderna.”

Annual report 2024A · The company itself

“Riskväsentlighet: Risktrend: Riskväsentlighet: Risktrend: Risker avseende leverantörskedja och tredjepartshantering Beskrivning Telia förlitar sig på ett stort nätverk av leverantörer, partners och kunder. Trots tillbörlig aktsamhet och granskningar finns en risk att leverantörer och affärspartners bryter mot Telias uppförandekod för leverantörer, eller mot andra krav, tillämpliga lagar och förordningar.”

Annual report 2024A · The company itself

“Furthermore, we are directly or indirectly dependent upon companies with unionized work forces, such as suppliers and trucking and freight companies. Any work stoppages or strikes organized by such unions could delay the manufacture and sale of our products and may harm our business and operating results.”

Annual report 2025A · The company itself

“We rely on other companies to provide raw materials, major components and subsystems for our products. Subcontractors also perform services that we provide to our customers in certain circumstances.”

Annual report 2026A · The company itself

“The key content of the Source to Pay Policy is to ensure effective supplier management with the goal of maximizing value, minimizing waste and total costs, and ensuring compliance with both internal and external requirements. The policy is valid for all Tieto employees, businesses and operations, and its objective is to ensure that the company engages with suppliers that meet Tieto’s standards for responsible supply, while also requiring those suppliers to uphold the same standards with their own partners.”

Annual report 2025A · The company itself

“We depend on third parties with whom we engage or collaborate for certain projects, deliverables, and/or financial transaction processes. If these parties fail to satisfy their obligations to us or we are unable to maintain these relationships, our operating results and business prospects could be adversely affected.”

Annual report 2025A · The company itself

“We have relationships with and we execute transactions with or receive services from many counterparties, such as general contractors engaged in connection with our development activities, borrowers, and joint venture partners, among others. As a result, bankruptcies or defaults by these counterparties or their subcontractors have resulted in, and in the future could result in, services not being provided as expected, projects not being completed on time, on budget, or at all, or contractual obligations to us not being satisfied.”

Annual report 2025A · The company itself

“Beginning in the first quarter of 2025, Mail Innovations experienced cost increases in excess of our expectations due to increases in purchased transportation rates, resulting from the expiration of a contract with our primary vendor. In December 2025, we entered into an agreement with the USPS to support final-mile delivery for Mail Innovations volumes starting in 2026.”

Annual report 2025A · The company itself

“We rely on a number of third-party suppliers and contractors to supply materials and labor for our construction projects. We may experience difficulties obtaining necessary materials from suppliers or vendors whose supply chains might be disrupted by macroeconomic conditions or otherwise, or difficulties obtaining adequate labor from third-party contractors.”

Annual report 2025A · The company itself

“Competent partners for a complex supply chain Our manufacturing model is complex, with both a product and a project side. The product side seeks repeatability, the project side flexibility. To help navigate complexity, we will enhance engagement and integration with our supply chain partners, such as Maersk, ZF, and Cadeler, ensuring transparency around how our business and the market evolve.”

Annual report 2025A · The company itself

“For example, disruptions to global transportation networks, such as labor strikes or extreme weather damaging logistics hubs, could increase delays and costs.”

Annual report 2025A · The company itself

“Inför projektstarter är vi nu ännu noggrannare när vi säkrar leveranser och säkerställer att entreprenörer och underleverantörer har ekonomiska förutsättningar för att kunna driva projektet tillsammans med oss.”

Annual report 2024A · The company itself

“Inom varje region bedrivs uthyrning, förvaltning och byggverksamhet med Wallenstams egna uthyrare, förvaltare och byggprojektledare som samarbetar med externa leverantörer och entreprenörer.”

Annual report 2024A · The company itself

“Vi utvecklar långsiktiga relationer med entreprenörer och leverantörer och har inrättat rutiner för stickprov och kontroller för att säkerställa att våra partners följer ingångna avtal och vår uppförandepolicy.”

Annual report 2024A · The company itself

“In the U.S., we utilize a network of 192 distribution facilities located strategically throughout the country using a combination of our private truck fleet as well as contracting with common carriers.”

Annual report 2026A · The company itself

“In addition, third-party suppliers provide products and services essential to the operation of a number of our businesses. A wide variety of factors could influence the success of those third parties and if negative factors significantly impacted a sufficient number of those third parties or materially impacted a supplier of a significant product or service, our results of operations could be adversely affected.”

Annual report 2025A · The company itself

“Revenues from subcontractors amounted to NOK 52.9 million (NOK 57.6 million). Revenues from subcontractors can fluctuate over time depending on whether Webstep takes the lead in larger projects in collaboration with partners.”

Annual report 2024A · The company itself

“Wihlborgs köper in produkter och tjänster för underhåll och drift av fastigheterna. Vi anlitar också entreprenörer och andra leverantörer i samband med byggprojekt.”

Annual report 2024A · The company itself

“Korruptionsrisk är störst i våra leverantörskedjor och därmed i affärsenheterna projekt/utveckling och förvaltning, samt den centrala inköpsfunktionen. Dessa är, relativt sett, mest exponerade mot risken på grund av att de köper in varor och tjänster till Wihlborgs projekt- och förvaltningsverksamhet.”

Annual report 2024A · The company itself

“The products sold or used by our Concepts and their franchisees are sourced from a wide variety of suppliers although certain products and equipment have limited suppliers, which increases our reliance on those suppliers. We, along with our Concepts’ franchisees, are also dependent upon third parties to make frequent deliveries of food products, equipment and supplies that meet our specifications at competitive prices.”

Annual report 2025A · The company itself

“Additionally, reliance on external service providers may pose risks related to fair labour practices and ethical employment conditions within the supply chain.”

Annual report 2024A · The company itself

“Workers in the Value Chain (S2) Zalaris relies on external consultants and partners to support the delivery of its services, which introduces risks related to working conditions, compensation standards, and turnover.”

Annual report 2024A · The company itself

“We enter into large, multi-year contracts with our customers, some of which are on a fixed-price basis, that could subject us to financial risks if we fail to properly estimate our costs. Because many of these contracts involve new technologies and applications, require us to engage subcontractors, and span multiple years, our initial cost estimates are subject to unforeseen events. These events, which include technological difficulties, fluctuations in the price of raw materials, challenges with our subcontractors or suppliers, and significant increases in inflation, may cause cost overruns and result in such contracts becoming less favorable or even unprofitable.”

Annual report 2025A · The company itself

“We may have disputes with our subcontractors, including disputes regarding the quality and timeliness of work performed by a subcontractor and the functionality, warranty and indemnities of products, software, and services supplied by a subcontractor. We are not always successful in passing along customer requirements to our subcontractors, and thus in some 18 Table of Contents cases may be required to absorb contractual risks from our customers without corresponding back-to-back coverage from our subcontractors. Our subcontractors may not be able to acquire or maintain the quality of the materials, components, subsystems, and services they supply, or secure preferred warranty and indemnity coverage from their suppliers, which might result in greater product returns, service problems, warranty claims and costs, and regulatory compliance issues and could harm our business, financial condition, and results of operations.”

Annual report 2025A · The company itself

“We utilize the services of subcontractors to perform under many of our contracts, and the inability of our subcontractors to perform in a timely and compliant manner could negatively impact our performance obligations as the prime contractor. We engage subcontractors on many of our contracts and our use of subcontractors has and may continue to increase as we expand our global business.”

Annual report 2025A · The company itself

“In addition, supply chain disruption risks have intensified recently driven by regulatory uncertainty, the introduction of new trade barriers, and escalating trade conflicts across key markets. The inability of our suppliers to deliver on agreed schedules, lack of available production capacity or transportation and installations vessels, and sudden inflation in key materials could result in project delays and budget overruns as well as cancellation of projects.”

Annual report 2025A · The company itself

“As part of our strengthened operating model, we pro-actively secure additional capacity for restricted supply chain sources to have more flexibility and alternatives in our project plans and installation schedules.”

Annual report 2025A · The company itself

“We currently source products from thousands of suppliers in order to reduce our dependence on any single company and to maximize purchasing leverage.”

Annual report 2025A · The company itself

“We rely on a limited number of suppliers for certain consumable merchandise, including frozen and refrigerated products. To the extent that supply chain disruptions and higher costs affect our suppliers, we may be subject to delays or reductions in deliveries and higher costs for merchandise.”

Annual report 2026A · The company itself

“Forecast expenditures for FERC capital projects are subject to change due to factors such as timeliness of permitting, licensing, regulatory approvals, contractor bids, supply chain issues, and other operational considerations. Based on management's judgment of potential capital spending variability informed by historical precedent of previously authorized amounts, potential permitting delays, and other operational considerations, a range case was prepared reflecting reductions to CPUC non-GRC capital expenditures and FERC capital expenditures.”

Annual report 2025A · The company itself

“We utilize our own personnel to perform our professional services and business consulting engagements with customers. In certain cases, we may utilize third-party subcontractors to perform professional services engagements.”

Annual report 2026A · The company itself