Sustainability-Linked Bond Framework

Decarbonizing our value chain • Approved science-based targets to reduce value chain emissions by 15% by 2030* Purchased goods and services (914kt) ● Initiatives to reduce scope 3 emissions in progress Continued activities to detail and firm ● up scope 3 baseline *from the 2019 baseline submitted to SBTI 19 Bond Investor Presentation May 2023 Scope 3 Upstream Capital goods Transmission of electricity Upstream transport Waste Business travel Employee commuting Downstream Downstream transport Use of sold products (65,500kt) End-of-life treatment of sold products 66,820kt CO2e (99.4% of scope 1, 2, and 3 2019 baseline) ENGINEERING TOMORROW Danfoss

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