For these reasons, we also do not expect alignment of our economic activities with the delegated act on climate objectives to change significantly in the future. However, a small increase in CAPEX and OPEX alignment may be expected in eligible economic activities such as construction of new buildings and production facilities (CCM/CCA 7.1), building renovation measures (CCM/CCA 7.2), energy efficiency initiatives at our facilities (CCM/CCA 7.3), installation of onsite renewable energy capacity (CCM/CCA 7.6) and electrification of our car fleet (CCM/CCA 7.4) which are actions we will take to ensure we meet our near- and long-term climate targets.

GN has implemented several decarbonization levers to meet climate targets, including renewable energy, energy efficiency, and fleet electrification. In 2024, GN achieved a 58% reduction in Scope 1 and 2 emissions from the 2021 baseline. Scope 3 emissions decreased by 26% from the 2021 baseline. The company plans to continue renewable energy initiatives and energy audits to further reduce emissions. GN aims for an 80% reduction in Scope 1 and 2 emissions by 2030 and a 25% reduction in Scope 3 emissions by 2030.