Sustainability Performance 2020

At LM Wind Power, safety matters. We strongly believe that ensuring safety at work is not merely a corporate compliance issue, but an essential foundation of our business. It is our goal to have everyone doing work on our behalf return home safely every day. We not only cultivate a safety mindset in our own operations but advance safety during interactions in the value chain so that everyone is aware of and empowered to take responsibility. Our EHS policy GE Renewable Energy's Global Environment, Health and Safety (EHS) Policy guides our safety initiatives. We strive to provide and promote a safe and healthy working environment, use nat- ural resources and energy in a sustainable way and to avoid adverse impact to employees and contractors, our customers, the environment, and the communities in which we do busi- ness. Together with developing new manufacturing processes which are safer, we follow the EHS policy to achieve the goals above and ensure: • Clear EHS expectations with a focus on high-risk operation prevention measures, • A safe and healthy working environment for all employees, as well as partners and contractors, consistent with all appli cable regulatory requirements, GE standards, and require- ments and highest EHS practices to which the organization subscribes, • Safe and environmentally friendly products from the design and throughout the lifecycle, • Heat Map and Strengths of Defenses to recognize, evaluate and control EHS hazards and mitigate risks, • Continuous EHS competences development through appro­ priate levels of EHS training for all managers and employees, • Continuous evaluation and update of the EHS programs to ensure continued improvement and sustainable effectiveness. EHS is a shared responsibility, meaning that everyone is held accountable and owns EHS. Our EHS programs combine clear leadership commitment and accountability, where all leaders up to the CEO, are in charge and accountable for implementing the policy but also deep and total empowerment of all employees to: • Ensure adequate resources (e.g., budget, time or training) will be allocated, • Communicate responsibly and partner with our stakeholders to create value, • Prepare and ensure a safe way of work, • Stop the work in case of any risky situations, • Look for assistance and promptly report any events and deviations about EHS, • Promote & reward positive behaviors and ideas that support our EHS culture, • Hold teams accountable for EHS performance, • Include EHS performance as an essential part of the overall company success. Our safety process and culture As a manufacturing business, we encounter most of our safety risks at production sites where employees can be in contact with chemicals, use various equipment and sometimes operate at height. There are robust systems, processes, and programs in place to ensure safe operations and continuously develop a culture of safety and competence. Working safely starts with adequate safety education. During their onboarding, all our new employees attend trainings to understand LM Wind Power’s Global EHS policy fundamentals and be aware of employees’ responsibility for EHS. At plants, employees receive local EHS training on topics such as: • Chemical handling • Confined space • Use of protective equipment • First Aid • Incident reporting • Ergonomics • Waste management • Emergency Action Drills To make sure that safety measures are executed properly, vari- ous programs are in place at the plant level. The “Stop Work” procedure empowers our employees to stop work or decline to perform a task, whenever potential danger is identified. In 2020, more than 2,000 Stop works were reported. Every month, an EHS alert - containing descriptions, example inci- dents and analysis of the root cause of one specific safety haz- ard - is shared with plants globally to pinpoint risks and call for extra precautions in operation. Revenue invested in R&D, compared to 3.9% in 2019 Waste reduction savings, compared to $12 million in 2019 $ 8.4 million Total waste for recycling, compared to 25% in 2019 28% Net carbon footprint (tCO e) for operations (according to the CarbonNeutral Protocol methodology, including o sets), compared to 0 in 2019 0 Renewable electricity consumption (including instruments like EACs), compared to 100% in 2019 100% Employees trained in anti- corruption and bribery, compared to 90% in 2019 95% Days Away from Work rate per 200,000 working hours, compared to 0.39 in 2019 0.32 Illness and injury rate per 200,000 working hours, compared to 0.84 in 2019 0.56 New blade designs launch d, compared to 7 in 2019 12 4.0% Rev nue invest d in R&D, compared to 3.9% in 2019 Waste r d ction savings, compared to $12 million i 2019 $ . mill on Total waste for recy ling, compared to 25% in 2019 Net carbon footprint ( CO e) for perations (according to he CarbonNeutral Prot c l method logy, including o set ), compared to 0 in 2019 Ren wable el ctricity consumption (i cluding instruments like EACs), compared to 100% in 2019 100% Employees trained in anti- corruption and bribery, compared to 90% in 2019 95% Days Away from Work ate per 200, 0 working hours, compared to 0.39 in 2019 . Illness and injury ate p r 200, 0 working hours, compared to 0.84 in 2019 . New blade signs launched, compared to 7 in 2019 1 . 18 | LM WIND POWER SUSTAINABILITY PERFORMANCE 2020