LM_Sustainability_Report_2022

Introduction People and society Carbon neutrality Circularity LM Wind Power Sustainability Performance 2022 Circularity 2022 (change) 2021 (change) 2020 (change) 2019 Waste ¹ Total production waste (tons) 40,719 (-27%) 55,970 (-2.9%) 57,612 (-0.4%) 57,392 Total waste for landfill (tons) 9,664 (-23%) 12,476 (-9%) 13,697 (-14%) 15,861 Hazardous waste for landfill (tons) 8 7 6 7 Non-hazardous waste for landfill (tons) 9,656 12,469 13,691 15,855 Total waste for incineration (tons) 13,400 (-33%) 20,139 (-28%) 27,896 (+2%) 27,247 Hazardous waste for incineration (tons) 1,538 4,133 11,804 11,845 Non-hazardous waste for incineration (tons) 11,862 16,006 16,020 15,403 Total waste for recycling (tons) 17,655 (-23%) 22,875 (+43%) 16,020 (+12%) 14,282 Hazardous waste for recycling (tons) 2,940 2,829 115 219 Non-hazardous waste for recycling (tons) 14,704 20,046 15,905 14,063 Total waste for recycling (% of total production waste) 43.3 (+5.6%) 41 (+46%) 28 (+12%) 25 2022 (change) 2021 (change) 2020 (change) 2019 Water ² Water Consumption (m³) 406,880 423,254 377,946 472,978 Municipal/public water withdrawal (m³) 328,530 357,384 321,730 402,826 Onsite well/waterwork water withdrawal (m³) 78,350 65,869 56,217 70,152 ¹ Waste data is tracked in LM Wind Power’s internal sustainability reporting system. ² Our water consumption is based on documentation received from municipal and public water bodies. 2022 (change) 2021 (change) 2020 (change) 2019 Blades Number of blades produced ¹ 8,725 (-34%) 13,203 (-3%) 13,567 (-1%) 13,752 Number of new blade designs launched 5 10 12 7 Non-conformity rate ² 0.26% 0.39% N/A N/A 2022 (change) 2021 (change) 2020 (change) 2019 R&D investment R&D investment (% of revenue) ³ 4.5% (+12.5%) 4.0% (0%) 4.0% (+3%) 3.7% ¹ In 2022, while the number of blades produced were less, the average capacity (in MW) of the blades sold by LM Wind Power increased. This trend is expected to continue as nominal average capacity of wind turbines increases. ² From 2021, we no longer report non-conformity rate in parts per million. The percentage we currently report represents the number of quality incidents over the total delivered. ³ R&D investment figures are based on numbers from the LM Wind Power Annual Report. 11