About the 2022 sustainability report

Herens Midco S.à r.l. is a private limited liability company incorporated under the laws of Luxembourg on January 28, 2021. Arxada AG and Troy Corporation are indirect subsidiaries of Herens Midco S.à r.l. and operate under the name Arxada. Arxada’s operational headquarters is in Basel, Switzerland.

This inaugural annual sustainability report, available for download on arxada.com, covers the activities of the Group from January 1, 2022, through December 31, 2022, unless otherwise noted. To determine the KPIs and disclosures in this report, we referenced the Global Reporting Initiative (GRI) Standards (2021) and the Sustainability Accounting Standards Board (SASB) Resource Transformation - Chemicals (RT-CH) Standard.

This report and the data included is intended to help our stakeholders understand our sustainability performance. Sustainability performance data on GHG intensity and waste intensity for our sustainability-linked loan requirements have been assured by an external third party. Arxada is committed to increasing the scope of our sustainability data collection and data assurance in future years.

For questions, comments, and suggestions about our report or this website, please email us at sustainability@arxada.com. For investor inquiries about our sustainability practices please email us at investors@arxada.com. For media enquiries please email us at media.enquiries@arxada.com.

Forward-looking statements

This annual report contains forward-looking statements. Forward-looking statements provide our current expectations, intentions, or forecasts of future events. Forward-looking statements include statements about expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not statements of historical fact. Words or phrases, or the negatives of those words or phrases, may identify forward-looking statements. Still, the absence of these words does not necessarily mean that a statement is not forward-looking.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors. They are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Given these risks and uncertainties, you should not rely on forward-looking statements as a prediction of actual results. We urge you to read this entire annual report, including the sections on factors that could affect our future performance and the industry in which we operate.

Any forward-looking statements are only made as of the date of this annual report. We do not intend nor assume any obligation to update forward-looking statements set out in this report. You should interpret all subsequent written or oral forward-looking statements attributable to us or to persons acting on our behalf as being qualified by the cautionary statements in this annual report. As a result, you should not place undue reliance on these forward-looking statements.