Sustainability Report 2025 This document includes Bona’s Sustainability Report summary (SECTION I) and Bona’s Statutory Sustainability Report (SECTION II). Bona filed its Statutory Sustainability Report 2025 with the Swedish authorities in March 2026. INDEX INDEX SECTION I INTRODUCTION 2 Founded in 1919, Bona is a global, family- Our Guiding Principles 4 owned company spanning across Europe, Statement from Bona’s CEO 6 North America, South America, Asia and Message from Bona’s Global Sustainability Director 7 Australia. We supply products and systems for installing, renovating, maintaining, and ABOUT BONA 8 restoring premium floors including wood, tile, Bona around the world 9 vinyl, rubber, and laminate. We are passionate Systems and products 10 about preserving the longevity and beauty Production and distribution facilities 11 of floors ensuring they can be cherished for Our sustainability vision 12 generations to come. HOW WE MAKE A DIFFERENCE 14 Bona is led by third and fourth generations of Environmental benefits of refinishing floors 14 the Edner, Forsberg, and Brask family and our Sustainability in our value chain 15 head office is in Malmö, Sweden. Sustainable innovation 17 Engagement for change 18 SUSTAINABILITY PERFORMANCE 2025 19 Respect our planet 20 Care for people 24 Trusted business 27 SECTION II Bona Global Headquarters, Malmö, Sweden STATUTORY SUSTAINABILITY REPORT 30 2 3 Our Guiding Principles BONA VALUES At Bona, we offer high quality products and systems to preserve and bring out the beauty in floors. Our purpose, to prolong the life of floors, is a commitment to both craftsmanship and sustainability. By extending a floor’s lifetime, we minimize climate impact, reduce waste and the need for natural resources. This purpose shapes our innovations, partnerships, business strategy and our customer Passion relationships. We aim to inspire homeowners, craftsmen, professionals, and customers to make more sustainable choices. Inspiration. Devotion. Pride. We are passionate about what we do, how we do it and are always Mission fully committed to bringing out the beauty in floors. Creating beautiful floors that bring happiness to people’s lives. Performance Quality. Safety. Reliability. Performance means premium quality where we focus on the needs Values and safety of professional craftsmen, industrial customers, Purpose Passion Performance and floor owners in everything we do. Prolonging the Pioneering life of floors Pioneering Innovation. Creativity. Curiosity. Vision Bringing out the Pioneering is core to our company. We strive to think creatively beauty in floors and bring innovative ideas forward while remaining open to changes and opportunities in the market. At Bona, we are committed to integrating sustainability into our business, creating long-term value for our customers, employees, and society at large. Our core values: passion, performance and pioneering, together with our sustainability goals, guide our decisions and actions. Passion Performance Pioneering We are passionate about Performance means premium Pioneering is core to our 4 5 what we do, how we do it quality where we focus on the company. We strive to think and are always fully needs and safety of creatively and bring innovative committed to bringing out professional craftsmen, ideas forward while remaining STATEMENT FROM BONA’S CEO MESSAGE FROM BONA’S GLOBAL SUSTAINABILITY DIRECTOR Staying the Course A Year of Uncertainty 2025 was a year of geopolitical uncertainty, shifting trade conditions, tariffs and evolving regulatory expectations. At the same 2025 has been a year of both challenges and advancements for Bona’s sustainability journey. From a regulatory perspective, time, sustainability faced global headwinds as priorities shifted in many markets and sustainability commitments were de- it was a period of uncertainty. Expectations related to sustainability reporting have shifted several times, moving from prioritised by some actors. Despite this, Bona stays on course. We managed to increase our revenue, despite these challenges, preparations for full ESRS compliance to a landscape shaped by postponements, reinterpretations, and new frameworks. This and sustainability continues to be a core driver of our innovation, culture, and long-term value creation. This commitment is has complicated not only how we report, but also how we communicate priorities internally. Despite this, we intend to continue reflected both in how we run our operations and in the solutions we bring to our customers. Lidija Broström using CSRD and ESRS as guides for reporting on material topics to our stakeholders. Björn Johansson Interim Chief Executive Officer Global Sustainability Director Governance as the Foundation Innovation and Partnerships Climate Progress Strengthening Water and Waste Management We continue to invest in sustainable innovation. We are We are preparing the next phase of our climate strategy. Our This year, we identified water and waste as material topics to be Responsible leadership is the foundation of everything we do. strengthening supplier relationships, expanding bio-based Scope 1 and Scope 2 emissions are on track to meet current reported on in coming years. Water is a key raw material for Bona, Guided by our values, it ensures accountability, transparency, solutions within our retail offering, and building a strong brand in targets by 2026. Scope 3 emissions from purchased goods and and we will improve how we measure and manage water use where and sound decision-making, even when conditions are markets around the world. For us, sustainability is an opportunity logistics, dominate our climate impact and represents our most it is most relevant, particularly in our production sites in Malmö, uncertain. Each year, we continue to take steps forward. We to build long-term competitiveness, resilience, and trust. significant challenge ahead. Addressing these emissions require Sweden and Monroe, USA. We will continue to improve our waste focus on reducing the impact of our own operations while deeper collaboration with suppliers and partners, improved access management practices, recognizing the strong link between high developing products and solutions that support our customers We are encouraged by the steps we have taken so far and to high-quality data, and closer integration between sustainability, product quality, efficient resource use and reduced waste. to reduce their impact. So far, we have successfully reduced recognize that there is still more to do. With the commitment Greenhouse Gas emissions in scope 1 and 2 by 46% since procurement, and research and development. It also involves difficult of our employees and a shared sense of responsibility, we trade-offs. Balancing environmental responsibility with commercial Progress together baseline 2022. Through partnerships and collaboration across continue to work steadily toward our goals. our value chain, we strive to contribute to the development of reality will be a central focus of our work going forward. Going forward in our sustainability journey, Bona will be tackling our industry. more complex, systemic challenges across our value chain. This Proactive Chemical Management work cannot be done in isolation, but together with our employees, A Long-Term Perspective We continue to act proactively within chemical management. Even suppliers, customers, and partners, we remain confident in the as updates to European legislations such as CLP, REACH, and path ahead. As a family-owned company, Bona has the ability and the the new digital product passports are delayed, we view robust responsibility to take a long-term perspective. Our purpose – chemical regulation as a long-term advantage for Bona. Our efforts to prolong the life of floors – together with our commitment to phase out PFAS are ongoing and supported by investments in to respect our planet and care for people is fundamental to product development and production adjustments. While this still is building a strong and resilient business. We believe durability, a challenge for some products, the aim is to continue to phase-out performance, and responsible innovation go hand in hand with relevant substances of concern. our business success. 6 7 About Bona Bona Around The World Bona supplies products for installing, renovating, maintaining and restoring floors. Bona offers systems and products for most floor surfaces including wood, tile, vinyl, resilient, rubber and laminate. 90 COUNTRIES Founded in 1919, in Malmö, Sweden 70 Family-owned and led by the third and fourth generations of 100+ the Edner Family YEARS DISTRIBUTORS 17 4 700+ SUBSIDIARIES GENERATIONS EMPLOYEES 337 4 MEUR IN REVENUE PRODUCTION SITES 8 9 SYSTEMS AND PRODUCTS PRODUCTION AND DISTRIBUTION FACILITIES Bona focuses on the entire lifecycle of a floor. Whether our customers are refinishing, renovating, installing, or maintaining a floor, We have four production sites situated in Malmö (Sweden), Limburg (Germany), Monroe (North Carolina, US) and Pueblo (Colorado, we create value by offering the solutions and necessary support to achieve the ideal outcome. US) along with two distribution centers in Limburg (Germany) and Monroe (North Carolina, US). Systems and Products Malmö, Sweden Bona Floor Care The Bona System The Bona Resilient System Bona Industrial Coatings PRODUCTION ACTIVITY DISTRIBUTES TO: Finishes, Sealers, Industrial coatings, Floor cleaners EMEA, LAM, APAC, NAM PRODUCTS • Floor cleaners • Coatings • Floor coatings • UV coatings • Spray mops • Adhesives • Abrasion system Limburg, Germany • Microfiber mops and pads • Machines • Cleaning and maintenance • Pet system • Abrasives • Colour chips PRODUCTION ACTIVITY DISTRIBUTES TO: • Floor polishes • Floor care • Floor repair • Additional Products • Sport lacquer Adhesives, Oils EMEA, LAM, APAC, NAM Customer Offerings Monroe, US PRODUCTION ACTIVITY DISTRIBUTES TO: Homeowners Professionals Facilities Industrial Manufacturing Adhesive, Sport paint, Sport finishes, NAM, LAM, APAC, EMEA OFFERINGS Floor cleaning products, Stains • Bona Floor Care • The Bona System • The Bona Resilient System • Bona Industrial Coatings • The Bona System • The Bona Resilient System • Bona Floor Care • Bona Floor Care • The Bona System • The Bona System Pueblo, US PRODUCTION ACTIVITY DISTRIBUTES TO: CUSTOM ERS Floor finishes, Stains NAM, APAC Consumers and retail customers Wood and resilient flooring Facility managers/owners/ decision Floor manufacturers craftsmen; Architects and designers makers, and sustainability managers 10 11 C OCROPROPCORPORATE ROAT R AT E VEI SVIIO SNI OVISION: : NB: RBI N RGI NIBRINGING N GGING OUT O UOTUTTH ETHE TEHB EBAEUATBEAUTY UYTIYN I N IN F LFOLOOFLOORS ROSR S OUR SUSTAINABILITY VISION Bona’s ambition is to lead the sustainability transformation of our industry. Our commitment is divided into three pillars representing Bona’s Sustainability Vision the environmental, social, and governance aspects of our business. The focus areas under each pillar are linked to our material sustainability topics and are subject to policies, actions and targets (see details in Statutory Sustainability Report, Section II). RESPECT RESPECT R EOUR S POUR E PLANET C T PLANET RESPECT OOUR U R PPLANET LANET CARE CCARE A RFORFOR OPEOPLE R PEOPLE E FCARE PFOR E O PPEOPLE LE T RTRUSTED U STRUSTEDBBUSINESS U SBUSINESS T E DTRUSTED I N E BUSINESS SS Lead the sustainability transformation of WeWe respect respect ourour present present andand We We respect respect our our present present and WeWe carecare for Wefor We people people care care working for for working people people andand and working WeWebuild Webuild trust build We trust through trust build through innovation through trust innovation through innovatio our industry, caring for people and the planet future future environment and environment future environment future environment living living with working with our our andproducts products living with living with our products ethics ethics andand innovation, long-term long-term ethics profitability and profitability long- ethics and long-term profitabili our products term profitability Improved Improved Ingredients: Ingredients: We phase We phase out out SafetySafety and Well-being and Well-beingof Employees: of Employees: We We Innovate, Innovate, Collaborate, Collaborate, Educate: Educate: ingredients ingredients Improved ofImproved of concern concern Ingredients: Ingredients: and invest and invest We in solutionsWephase phase in solutions out create create a safea and safeSafety healthyandwork Well-being and healthy work of Employees: We environment environment We believe We believe Innovate, Collaborate, Educate: profitability profitability todaytoday ensures ensures Fair and equal opportunities for our Business growth through healthy Innovate, Collaborate, Educate: Reducing our environmental impact, with less ingredients outimpact with impact less on the of ingredients concern and invest in of concern and invest onenvironment the environment solutions for allcreate for Bona aemployees safeemployees all Bona and healthy work environment We believe We believe profitability sustainable sustainable profitability today investments ensures investments today ensures being carbon neutral by 2040. employees and supply chain. and innovative choices. with less impact on the environment Safety and Well-being of Employees: for all Bona employees sustainable investments in solutions with less impact on the We create a safe and healthy work sustainable investments Climate Climate Action: Action: We reduce environment We reduce our climate our climate Better Better Work Work Environment Environment for Craftsmen: for Craftsmen: environment for all Bona employees EthicsEthics and Transparency: and Transparency:We adhere We adhere impact impact to reach Climate to reach climate Action: climate neutrality We2040 reduce neutrality by our climate by 2040 We develop We develop Better systems Work systems and Environment products and products for the for the for Craftsmen: to transparency to Ethics transparency and and high and Transparency: Ethics and Transparency: standards ethical high ethical We adhere standards Climate impact Action: to reach We neutrality climate reduce ourby 2040 well-being We well-being and develop health and systems health of and craftsmen of products craftsmen for the We adhere tothrough throughtransparency to and chain ourtransparency value our value chain high ethical standards climate impact to reach carbon Better Work Environment for Recycle Recycle and Reuse: and Reuse: We strive We strive for more for more well-being Craftsmen: and health We develop of craftsmen systems and high ethicalthrough our value chain standards neutrality by 2040 recyclable recyclable Recycle and reusable and andmaterials reusable Reuse: materials Weinstrive in our our for more Fair Working Fair andWorking Conditions products Conditions forfor theSuppliers: for Suppliers: well-being through our value chain products, products, packaging packaging and tools and tools Recycle and Reuse: We strive in recyclable and reusable materials forour We commit We commit and health of craftsmen chains to responsible to Fairresponsible supply Working supply chains Conditions for Suppliers: more recyclable products, and reusable packaging and tools We commit to responsible supply chains Effective Effective Governance Governance RESPECT CARE TRUST materials in our products, PeacePeace of mind of mind for floor forConditions floor owners: owners: WeforWe Effective Governance Fair Working packaging and tools develop develop systems systems and products Suppliers: Peace and We products commit of mind forfloor for the forowners: to the We Effective Governance The planet - Being The people - Being The business - Being Environmental Environmental Stewardship Stewardship health health and well-being and well-being of floor of floor owners sustainable for the planet, sustainable for people, sustainable for the business, responsible develop supply systems andowners chains products for the reduce the environmental respect for people. sustainable growth through Environmental Stewardship health and well-being of floor owners footprint. innovation. Peace of mind for floor owners: We Bona’s commitment to sustainable Bona is committed to being Bona is committed to develop systems and products for the development is based on our concern a responsible, caring company. sustainable and healthy business Environmental Stewardship Social health Social and Responsibility Responsibility well-being of floor owners and care for our home - both our planet We strive to make a difference for growth through innovation. as well as the home where we live. communities locally and globally. Social Responsibility Social Responsibility 12 13 How We Make A Difference SUSTAINABILITY IN OUR VALUE CHAIN Bona works actively with sustainability across our value chain. Our main goal is to minimize negative environmental impacts of our products and operations and to secure health and safety for employees and users of our products. We work with suppliers of high-quality ENVIRONMENTAL BENEFITS OF REFINISHING FLOORS products, who align with our values and principles in Bona Code of Conduct. Bona’s products and solutions enable homeowners and the flooring industry to prolong the life of floors. By increasing the lifespan of floors, the flooring industry could significantly reduce its environmental impacts. The average climate benefit of refinishing floors compared to replacing them* PARQUET VINYL LINOLEUM 89% 89% 83% TRANSPORTATION OWN PACKAGING TRANSPORTATION Less CO2 emissions Less CO2 emissions Less CO2 emissions PRODUCTION & DISTRIBUTION OUR VALUE CHAIN The Swedish Environmental Research Institute, IVL, was transport distance has a greater influence on climate impact commissioned by Bona to carry out a life cycle assessment than variations in electricity mix, meaning that using local of refinishing hard flooring surfaces, compared to replacing craftsmen can further reduce emissions. SUPPLIERS END USERS them. A new study was conducted in 2025 for the German market as a continuation from a previous 2019 study in The two IVL studies further validate the benefit of floor Sweden. It evaluates the entire product lifecycle from cradle renovation when compared to replacement. Bona shares to grave and shows that renovating hard flooring surfaces these insights with the industry to educate on the value of saves on average between 83 and 89 percent in CO2 floor renovation. emissions. SUSTAINABILITY ACTIONS The assessment also identifies the main contributors within the refinishing process, primarily the production of floor finishing products, transport to and from the site and Regular sustainability We prioritize We ensure safe and healthy We invest in solar panels, We evaluate We inspire end users to electricity use for sanding. Sensitivity analyses show that assessments of our low-emission workplaces and continuously increase PCR in packaging sustainable care for and renovate their suppliers in U.S., transportation phase out unwanted chemicals and invest in electric transportation floors and we educate for Europe and Asia. alternatives. in our production. transportation. alternatives. safe use of our products. *IVL 2025, LCA study evaluating the environmental impacts of floor refinishing versus floor replacement. In this study, floor refinishing refers to increasing the lifespan of the flooring by sanding and applying a new finish to the existing floor. 14 15 OUR APPROACH TO: SUSTAINABLE INNOVATION LOWER GREENHOUSE GAS EMISSIONS ENSURE SAFE WORKING CONDITIONS Sustainability has long driven Bona’s innovation. We pioneered waterborne finishes in the 1970s, Greenhouse gas emissions primarily arise from the extraction Bona must ensure safe working conditions for our employees reducing VOC emissions and improving indoor air quality. Today, we continue to phase out and production of raw materials and finishes in our supply and workers in the value chain. We cultivate an attractive relevant chemicals of concern and increase the share of bio-based products and systems that chain, transport and distribution, our company vehicle and engaging workplace with strict safety protocols. We extend floor life. Every innovation reflects our commitment to high performance with low impact fleet, and energy use in offices, distribution centers, and work closely with established suppliers, and train craftsmen on the environment and health. production units. To reduce emissions, we are increasing the in health and safety aspects. use of electric vehicles owned or leased by Bona. We also perform energy efficiency initiatives, generate renewable energy and purchase renewable energy certificates. PROMOTE ETHICAL BUSINESS Our Certifications Bona is a global company that complies with international HANDLE SUBSTANCES OF CONCERN ethical standards of transparency and accountability. Our To guide and build trust with customers, contractors and consumers, we invest in certifications focusing on various sustainability aspects. Code of Conduct includes a strict policy against bribery and Substances of concern are part of our chemical production corruption, applicable to all employees and suppliers. and of raw materials from suppliers. We regularly evaluate Safer Choice EMICODE our raw materials and when necessary, add unwanted chemicals to our phase-out list. For substances not already A U.S. Environmental Protection Agency (EPA) A European certification issued by the German prohibited by our policy, phase‑out priorities are determined certification ensuring that Bona’s products meet Association for the Control of Emissions in Products based on their risk profiles. strict safety and environmental standards, minimizing for Flooring Installation, Adhesives and Building human and environmental harm. Materials (GEV) indicating that Bona’s adhesives and flooring products have very low emissions, MAKE RESOURCE FLOWS EFFICIENT promoting healthier indoor environments. GREENGUARD Non-renewable materials, such as fossil-based plastics, are used in our packaging, products, and the production A third-party certifying organization, GREENGUARD USDA Certified Biobased Product of lacquers. Our activities create waste throughout the Environmental Institute verifies Bona’s products meet value chain. We reduce waste in our internal production low chemical emissions standards, contributing Administered and independently tested by the processes, and we increase our use of post-consumer to healthier indoor air quality. U.S. Department of Agriculture, the USDA Certified recycled materials in packaging materials. Biobased Product label identifies the Bona products made from renewable biological ingredients such Green Seal as plants and other agricultural materials. A certification by Green Seal, a global, science- based NGO verifies that Bona’s products adhere to rigorous health, performance, and environmental criteria throughout their lifecycle. 16 17 ENGAGEMENT FOR CHANGE To promote sustainable choices and practices, Bona engages in education, training and dialogue with our stakeholders. Sustainability Performance INSPIRING HOMEOWNERS PARTNERSHIPS WITH INDUSTRY ASSOCIATIONS 2025 Bona strives to inspire through actions and meaningful Collaboration drives progress. Bona works with industry engagement. Our “Renovate, Don’t Replace” campaigns, partners to advance sustainable standards. We partner with show how homeowners can achieve almost any look, from wood floor manufacturers on durable, low-impact systems. restoring natural beauty to creating a completely new flooring As a member of NWFA (National Wood Flooring Association), expression, while also raising awareness of how renovation FEP (European Parquet Federation), and MFMA (Maple can reduce waste, cut greenhouse gas emissions, and save Flooring Manufacturers Association), we promote renovation on cost. over replacement. Together, these collaborations help us live our purpose, prolonging the life of floors. EDUCATE AND TRAIN CRAFTSMEN The Bona Certified Craftsman Program, contractor training programs and Bona Training Centers, equip thousands of Respect Our Planet professionals each year with sustainable techniques, from dust-free sanding to efficient water and chemical use. By teaching best practices, we empower partners to care for floors responsibly across their full lifetime. We also educate facility owners and architects on the benefits of renovation. Care For People Trusted Business 18 19 Respect Our Planet HIGHLIGHTS Greenhouse Gas Emissions in Our Value Chain Updated Phase-Out List of Unwanted ingredients During 2025, we continued to phase out ingredients of concern in our products and invested in solutions with less impact on the We completed a screening of greenhouse gas emissions across We continuously update our phase-out list of unwanted environment. We exceeded our targets to reduce our own greenhouse gas emissions by 42% in scope 1 and 2 compared to our value chain, where the majority of our emissions occur. ingredients with the ambition to be one step ahead of regulators. the baseline year 2022. Going forward, we will take on the challenge to reduce greenhouse gas emissions in the rest of our While these emissions represent our greatest challenge—since This year we set new metrics and targets for phasing out value chain. they are largely outside our direct control—the screening marks ingredients/substances which will be reported in 2026. an important first step. It will be followed by more detailed measurements, along with clear plans and targets to reduce Bio-based Cleaners WeForest Partnership emissions across our value chain. In 2025 Bona launched its bio-based wood and hard surface In 2025, we renewed our partnership with WeForest to UPDATED floor cleaners in EMEA and APAC. These pH balanced, continue supporting global reforestation efforts. Bona has residue free formulas are made of more than 90% bio-based contributed to WeForest’s project in Brazil to help restore PHASE-OUT content and are certified by GREENGUARD Gold for healthier the ecosystem around the Tietê River. With the Brazil project SCREENED of unwanted indoor air. Furthermore, the packaging is made from 30% now fully funded, we will shift our support in 2026 and greenhouse gas ingredients post-consumer recycled materials. beyond to forest restoration efforts in Misiones, Argentina. emissions in scope 3 Since the partnership began, Bona has supported the restoration of 17.82 hectares through the planting of an estimated 35,640 trees. Seven more products with Environmental Product Declarations We continued to publish Environmental Product Declarations (EPD) for our products. An EPD is a standardized way to quantify a product’s impact on the environment and climate. The declaration is based on a life cycle assessment of the product. 20 21 METRICS AND TARGETS Energy Use Greenhouse Gas (GHG) Emissions Post-Consumer Recycled (PCR) Plastic in Quality Related Costs Packaging In 2025, we continued to have a stable level of energy use GHG intensity (scope 1 and 2, market-based) has decreased Bona aims to reduce costs associated with quality issues in our despite increases in sales volumes. Through energy efficiency due to continuous efforts to: 1) increase energy efficiency Using recycled plastics in our packaging is an important measure products and processes. Maintaining high standards not only initiatives we succeeded in lowering the energy intensity per 2) replace fossil fuels with renewables and 3) buy renewable to limit our climate impact. We didn’t reach our 2025 target due lowers these costs but also helps minimize resource consumption. product in 2025, compared to 2024. energy certificates. to a longer-than-expected timeline for implementing PCR in Although we did not reach our 2025 target, we have initiated a US-based adhesive and lacquer packaging. global organizational change to better coordinate quality efforts Target: Our target is to cut our own greenhouse gas across the group, which is expected to drive improvements in the emissions (Scope 1 and 2) in half by 2026, and by 42% by Target: Reduce the amount of fossil-based virgin plastics medium term. 2025, based on our 2022 levels. in packaging by 50% in 2025. Target: Quality-related costs should not exceed 0.5% of sales costs. 14,123 3111 2,1 12,111 2483 11,777 10,793 1637 1338 34,7% 32,7% 1,3 29,1% 1,0 0,8 2025 2024 2023 2022 2025 2024 2023 2022 8,9% Figure 1: Total energy use, MWh Figure 3: Total Scope 1 and 2 GHG emissions (tonnes CO2e), market-based 2025 2024 2023 2022 2025 2024 2023 2022 566 125 Figure 5: Percentage of replaced fossil-based virgin plastic Figure 6: Quality costs as a share of sales cost, percent 483 93 456 404 65 52 2025 2024 2023 2022 2025 2024 2023 2022 Figure 2: Energy intensity per produced unit kWh/ton Figure 4: GHG intensity: Scope 1 and 2 (market-based) per produced unit, kg CO2e /ton 22 23 Care For People HIGHLIGHTS One Bona Stronger Together Training Seminars and Workshops As a global company, we impact the lives of people within our organization and beyond. With this comes a deep responsibility In 2025, Bona launched One Bona Stronger Together, an internal We continue to train craftsmen through hundreds of sessions to ensure the safety and well-being of our employees, uphold fair working conditions across our value chain, and create better initiative designed to strengthen connection and collaboration across Europe, North America, and Asia. These seminars work environments for craftsmen. In 2025 we continued our ambition to strengthen our core values within the Bona group. We across the organization. Through intranet blog posts and video combine technical expertise with insights on efficient, high- developed a new evaluation process for our suppliers and our training of craftsmen continued in Europe, North America and Asia. interviews, employees shared experiences, lessons learned, and quality workflows, along with hands-on demonstrations of best practices. The initiative also introduced the inaugural One application techniques and the optimal use of Bona finishes. Bona Stronger Together Award to recognize teams that embody Building Success Together Partnership with National Wood Flooring Bona’s values. The program was such a success that it will continue Association into 2026, further reinforcing our values, fostering collaboration, and Growth is not just about business—it’s about the collective strengthening our culture of innovation and excellence. strength of our teams. It’s about collaboration, resilience, and 2025 marks the 40th anniversary of the National Wood excellence. Flooring Association (NWFA), and we’re proud to celebrate our long-standing partnership. Over the past four decades, NWFA has been a cornerstone of the hardwood flooring industry, providing education, resources, and support to professionals worldwide. New due diligence process of suppliers In 2025, we developed a new evaluation process for our suppliers, covering around 70% of all our purchases. The new process will significantly improve our follow-up on quality and sustainability requirements in our supply chain. NEW SUPPLIER EVALUATION PROCESS of our purchases 24 25 METRICS AND TARGETS Trusted Business Employee Performance Reviews Supplier Evaluations Through active partnerships and education, we work closely with the flooring industry, contractors and other stakeholders to promote more sustainable practices, ensuring our long-term business success. We adhere to high ethical standards, and we During 2025, almost all employees within the Bona group had an During 2025, we evaluated 53 suppliers. Targets and metrics will be continuously improve the transparency of our value chain. In 2025, we strengthened our organisation to enhance coordination annual performance review. updated in the 2026 report based on the new evaluation process. of our quality, safety, health and environmental efforts. We also continued to expand education and training in ethical business practices across the group. Target: Bona’s ambition is that all employees within Target: Our ambition is to continuously evaluate Bona suppliers. the group should have an annual performance review. Sustainability As Part Of Bona’s Strategy Winner - European Cleaning Journal Award 98% 98% 78 Bona’s strategic plan sets the direction for the company’s Bona won the Sustainability – Best Practice (Manufacturer) 97% future development. Built around ten strategic initiatives, award at the European Cleaning Journal - Cleaning & Hygiene 64 including Sustainability, it outlines an ambitious three-year Awards 2025 - a leading benchmark of excellence within the 53 roadmap (2024–2026) focused on growth, transformation, cleaning and hygiene sector. 92% 43 and innovation. Results to date highlight both progress and areas for improvement, while laying the foundation for long- term success. 2025 2024 2023 2022 2025 2024 2023 2022 Figure 1: Percentage of employees who had performance reviews (%) Figure 2: Ongoing evaluation of Bona’s suppliers. Work-related Accidents Bona encourages employees to report all types of incidents and 0 5 10 32 accidents, which typically leads to a high number of reported events. None of the 2025 events resulted in any serious (fatal or Fatal or Life Lost Time Recordable First Aid life changing) accidents. Changing Injuries Accident – Accident – Accident – does – an accident accident at work requires external not require any leading to death causing absence medical care external medical Target: Bona has a target of zero work-related accidents. or permanent at least the treatment disability following day Figure 3: Total number of work-related incidents & accidents 2025. 26 27 HIGHLIGHTS METRICS AND TARGETS New Quality, Safety, Health and Environmental Code of Conduct Training Violations of Bona’s Code of Conduct Organisation (Q-SHE) In 2025, Bona launched a new, online Code of Conduct training. To ensure ethical business, Bona’s Whistle-blower Reporting A new department will develop global processes to maintain All employees conducted the training. Tool allows employees, suppliers and partners to provide or improve Bona’s product quality and services within a safe insight or report any potential issues. The drop in 2025 reported and healthy working environment, minimising our external Target: All employees shall be introduced to Bona Code of incidents correlates with rolling out new online Code of Conduct environmental footprint. Conduct when employed. training. Target: We aim for zero conflict-related incidents. NEW Q-SHE 100 100 100 100 12 11 Organisation at Bona 2025 2024 2023 2022 Figure 1: New employees introduced to Bona’s Code of Conduct (%) New Online Platform for Code of Conduct 3 3 Training Anti-corruption training During the year we launched a new, more accessible format for employees to review Bona policies. All employees are expected Anti-corruption is part of Bona’s Code of Conduct training. 2025 2024 2023 2022 to review updates and discuss them with their manager. The During 2025, all employees conducted the training. Bona started Figure 3: Number of reported incidents new platform includes mandatory Code of Conduct training. to report on anti-corruption training in 2024. Target: Our target is that all employees shall undergo training in business ethics and anti-corruption every NEW TRAINING third year. PLATFORM for Code of Conduct 100 2025 28 Figure 2: Percent of employees who underwent training in anti-corruption in 2025. 29 SECTION II Statutory Sustainability Report 2025 SECTION II General Information POLLUTION 51 Policies related to chemical products 51 BASIS FOR PREPARATION 32 Actions to manage chemical products 51 Accounting Principles 32 Metrics and targets 52 Sources of Estimation and Outcome Uncertainty 32 RESOURCE USE AND CIRCULAR ECONOMY 53 GOVERNANCE 33 Policies related to resource use and circular economy 53 Composition and role of the Board of Directors and Group Management 33 Actions to reduce resource use 53 Information on how sustainability topics are addressed 33 Metrics and targets 54 Statement on due diligence 35 Internal controls over sustainability reporting 35 Social Information Approach and principles for addressing sustainability topics 35 STRATEGY 37 OWN WORKFORCE 55 Strategy, business model and value chain 37 Policies related to our own workforce 55 Our stakeholders 39 Risk management and actions 56 Material sustainability topics 41 Metrics and targets 58 IMPACT, RISK AND OPPORTUNITY MANAGEMENT 45 WORKERS IN THE VALUE CHAIN 59 Process of double materiality assessment 45 Policies related to workers in the value chain 59 Risk management and actions 60 Metrics and targets 61 Environmental Information CLIMATE CHANGE 46 Governance-related Information Policies related to climate change 46 BUSINESS CONDUCT 62 Statutory Sustainability Actions to reduce climate impact 47 Statutory Sustainability Report 2025 Policies and risk management 62 Report 2025 Internal carbon price 48 Prevention and detection of corruption and bribery 62 Metrics and targets 48 Bona Distribution Center (DC1), Limburg, Germany 30 Metrics and targets 31 62 General Information GOVERNANCE General General Information Information // // Bona’s 2025 Sustainability Report presents our material environmental, social, and governance topics. This reporting Composition and Role of The Board of Directors and Group Management complies with the requirements for statutory sustainability reporting according to Chapter 6, Sections 10-14 of the Swedish Annual Accounts Act. Bona’s Board of Directors has overall responsibility for the company’s sustainability work. Oversight of sustainability actions is carried out within the framework of Bona’s regular organisation and management. The CEO, together with Group Management, is responsible for implementing strategies, targets, actions, and follow-ups. BASIS FOR PREPARATION The Group Management Team includes the CEO and representatives for sales, product management, research and development, HR, The content and structure of the sustainability report is based on Bona’s double materiality assessment and inspired by the EU finance, marketing and communication, and operations. reporting framework for sustainability reporting, the European Sustainability Reporting Standards (ESRS), (2023/2772). Bona is not The Board of Directors primarily consists of representatives from the family of owners, who have built the company over generations. required to comply with CSRD until the 2027 financial year, at the earliest. Both the Board of Directors and Group Management have extensive experience in the floor maintenance and renovation industry. Accounting Principles Gender diversity in the Board of Directors 2025 2024 2023 Bona’s Sustainability Report is prepared on a consolidated basis consistent with Bona’s financial reporting and covers Bona AB and and Group Management all its subsidiaries. Board of Directors (incl. deputy member) 6 6 6 Climate calculations follow the GHG Protocol and include Scope 1 and 2. During 2025, Bona has gathered Scope 3 data in a screening of all categories and developed processes for collecting information from the value chain. As the purpose was to get an overview on Women 67% 67% 67% our scope 3 climate impact, the data will not be disclosed in this report. Based on the screening, the following Scope 3 categories was considered as key impacts for Bona: Men 33% 33% 33% • Category 1 Purchased goods and services Group Management 10 10 10 • Category 3 Fuel and energy-related activities not included in scope 1 or scope 2 Women 20% 30% 30% • Category 4 Upstream transportation and distribution Men 80% 70% 70% • Category 5 Waste generated in operations Sources of Estimation and Outcome Uncertainty Information on How Sustainability Topics are Addressed The Sustainability Report includes forward-looking statements. All forward-looking information is associated with uncertainty, which The Group Management develops a strategic plan based on the organization’s targets, where sustainability is one of the main initiatives. should be considered. Bona is continuously improving its methods for sustainability data collection, which may lead to corrections of Statutory Sustainability The Group Management meets monthly, and progress is reported to Bona’s Board of Directors four times a year by the CEO. Statutory Sustainability previous years data retroactively. Details on the preparation and methodology of sustainability data is disclosed under each topic. Report 2025 Report 2025 Bona has established a Sustainability Board, which meets 5-6 times a year, to coordinate sustainability actions. The Sustainability Board is led by the global sustainability director, who reports to Bona’s COO. Sustainability topics are presented to the Group Management 32 either by the sustainability director or the COO. 33 Four expert teams (see figure below) focus on Bona’s climate vision to become carbon neutral by end of 2040, as well as other relevant General Statement on Due Diligence General environmental topics. These teams work cross-functionally to mobilize different skills and insights, creating new initiatives to achieve Information Information their assigned goals and manage various aspects of our environmental impacts. One team focuses on the climate impact in scope 1 // Bona engages in sustainability topics throughout the value chain, supported by our social commitment: “fairness and equal // and 2, the other three focuses on climate impact in scope 3 (categories 1 and 4). opportunities for our employees and supply chain.” Sustainability considerations are an integral part of our investment decision- making process, where environmental, social, and governance aspects are evaluated alongside financial criteria. During 2025, we The expert teams report to the Sustainability Board. Decisions made within the Sustainability Board and the expert teams are then updated our supplier evaluation process to ensure that sustainability requirements, based on our Code of Conduct, are clearly implemented across the organization. Sustainability data and KPIs are collected through a network of data reporters across all integrated into the process. organizational units at Bona. Internal Controls over Sustainability Reporting Sustainability Board The sustainability department manages the quality assurance of sustainability data. Issues that arise are handled by the Sustainability Board, and major issues are escalated to the Group Management or Board of Directors. We are continuously working to improve the quality of sustainability data within sustainability reporting. Expert Expert Teams Teams Approach and Principles for Addressing Sustainability Topics Our systematic approach to quality and environmental work is based on and regulated by ISO certifications. These certifications ensure Entities: Production, Raw material and raw a systematic approach to environmental management, providing a framework for identifying, monitoring, managing, and improving the Packaging Transport & sourcing environmental performance of Bona’s operations while minimizing impacts related to energy consumption. warehouse and offices material suppliers All of Bona’s production facilities are certified according to ISO 14001 (Environmental Management System). Some facilities are also Scope 1 & 2 Scope 3, Category 1 Scope 3, Category 1 Scope 3, Category 4 certified under additional ISO standards specific to their operations: • Bona Sweden, Malmö (Sweden): ISO 14001, ISO 9001, ISO 45001 The global sustainability department and the sustainability director support this network. Sustainability data is reported to the • Bona GmbH, Limburg (Germany): ISO 14001, ISO 9001, ISO 50001, ISO 45001 Sustainability Board twice a year and subsequently to the Group Management and Board of Directors. A key task for the Sustainability • Bona USA, Monroe, North Carolina (USA): ISO 14001, ISO 9001 Board is to ensure that sustainability actions align with Bona’s strategy and policies. • Bona USA, Pueblo, Colorado (USA): ISO 14001 During 2025 Bona launched a new Global Quality, Safety, Health and Environment (Q-SHE) organisation. The new department will develop global processes to maintain or improve product quality and services within a safe and healthy working environment, minimizing our external environmental footprint. The following key documents outline the overarching guiding principles for how Bona conducts its operations. These documents are reviewed, evaluated, and approved annually by the Board of Directors. They are mandatory and apply to all Bona’s global subsidiaries Sustainability matters addressed by Bona’s Board of Directors and Group Management during 2025 primarily concerned: and employees. Statutory Sustainability Statutory Sustainability • Activities to phase out chemicals of concern • Bona Group - Code of Conduct Report 2025 Report 2025 • The Omnibus process • Bona Group Rules & Regulations • 2025 update of Bona’s Double Materiality Assessment 34 • Bona Group Global Policy 35 The Code of Conduct is based on the ten principles of the UN Global Compact, the International Labour Organization’s (ILO) core conventions, and the OECD Guidelines for Multinational Enterprises. All Bona employees, at every level and in all markets, are expected General STRATEGY General Information Information to follow the Code of Conduct. The Code consolidates the group’s values and guidelines regarding business ethics and behaviour, // // work environment, environmental considerations, mutual respect among employees, whistleblower functions, and zero tolerance for Strategy, Business Model and Value Chain harassment and discrimination. Furthermore, Bona’s Business Partner Code of Conduct serves as the foundation for relationships with suppliers, distributors, and Bona’s business model is based on maintaining and renovating floors instead of replacing them, which reduces climate impact by other business partners. decreasing resource consumption within the flooring industry. Our sustainability vision is to lead the sustainability transformation of our industry, caring for people and the planet. Sustainability is therefore an integrated and essential part of our business strategy and Bona’s Group Global Policy is a collection of policy documents that govern various operational and sustainability-related aspects of the business model. group. Specific policy owners have been designated for each policy, responsible for managing the content and ensuring compliance. The Bona Group’s global policies are listed below. Policy updates in 2025: A new standalone AI policy has been established, including requirements that all AI use aligns with Bona’s How Sustainability is Linked to The Business Strategy values and ethical standards. Sustainability is connected to Bona’s business strategy as a prioritized area with a clear plan. We invest in sustainable innovation by developing products that focus on safety and health while minimizing environmental impact. Bona was early to introduce solvent- free The tables below provides an overview of Bona’s group-wide policy documents. products, which today represent nearly all our production of chemical products. Our products meet strict environmental requirements to remain competitive, and we aim to stay at the forefront of this development. Global Group Policies Policy Owner Global Group Policies Policy Owner For us, it is strategically important that our products receive certifications within our industry. By investing in the training of craftsmen, we also aim to optimize their use of our products from a safety, health, and environmental perspective. Workplace Policy SVP Human Resources Pricing SVP Product Management Anti-Discrimination Policy SVP Human Resources Recruitment SVP Human Resources The chemical industry consumes a significant amount of energy and, with current energy systems, it also accounts for large greenhouse gas emissions. We are working to reduce climate impact in our production, distribution, and transports, as well as within our supply Alcohol and Drug Policy SVP Human Resources Safety, Health, and chain through collaboration. We have significantly reduced our Scope 1 and 2 emissions. COO Environment (SHE Policy) Corporate Communication SVP Global Marketing & Communications Resource use and circular flows are challenges for both the flooring and chemical industries. In the long term, creating circular flows in Data Integrity (GDPR) Bona Group Data Protection Officer Procurement COO our operations is part of our business strategy and a critical success factor for us in the medium term. AI Policy CFO Social Media SVP Global Marketing & Communications Gifts and Representation CFO Media Relations SVP Global Marketing & Communications Company Cars SVP Human Resources Sustainability CEO Innovation SVP Research & Development Business Travel SVP Human Resources IT CFO Whistleblowing SVP Human Resources Chemicals COO Work Environment SVP Human Resources Statutory Sustainability Statutory Sustainability Report 2025 Report 2025 36 37 Business Model and Value Chain General Business Activities and Competences General Information Information Bona’s business model can generally be divided into resources, business activities and competencies, products, systems and services, // A large proportion of Bona’s production, warehousing, and distribution is managed in-house, giving Bona control over resources // and value creation for stakeholders, as shown in the figure below. and enabling us to set and pursue our own sustainability targets. Innovation for sustainable products is given significant importance, along with proximity to production units and customers, efficient transport and energy solutions, and a good working environment. We adhere to high standards of health and safety in our production. Our sales rely on customers making sustainable choices, and we therefore work continuously to ensure fact-based marketing and avoid greenwashing in communication and product marketing. Products, Systems, and Services Bona’s system of solutions includes a complete range of products, services, and support offered globally. Systems and products are developed to be of the highest quality and safety. Most of our offerings consist of solvent-free products, although, in some regions, there is still demand for alternatives. An important part of the offering is the training and certification of craftsmen who use Bona’s products, as well as accessible and reliable support and service. Value Creation We strive to create long-term value for our stakeholders. Our offerings contribute to more floors being renovated instead of replaced, reducing climate impact and resource use. We also prioritize the health and safety of craftsmen and consumers in our offerings. Additionally, Bona aims to be an attractive workplace where engaged employees have opportunities to grow. At the same time, our operations have a negative environmental impact due to the energy we consume and the resources we use. We actively work to reduce this impact. Our Stakeholders Resources Bona has many stakeholders who either impact or are affected by our operations. Therefore, it is important that we maintain an ongoing dialogue with them to understand which sustainability topics they prioritize and how we should structure the content of our sustainability For the manufacture of chemical products, Bona uses chemicals as raw materials, as well as water and energy. Machines, tools, and reporting. Our stakeholders are categorized into two groups: those mainly affected by our operations (owners, employees, workers consumer products such as cleaning equipment etc., are purchased directly from our suppliers. The packaging materials used consist in the value chain, consumers and end-users, the environment and society) and those who mainly use our sustainability information of paper, plastics, and metal. (financial markets actors, customers and partners, suppliers, civil and environmental organizations, authorities, Industry and Academia). Bona’s innovation, through research and development, make it possible for a high level of control over raw materials. This contributes Statutory Sustainability Statutory Sustainability to more sustainable solutions and premium products in terms of quality and performance. Some of Bona’s raw materials are energy- Report 2025 Report 2025 intensive in their production. Therefore, Bona chooses to invest in its own renewable energy production and increase the proportion of renewable purchased energy. Water quality is of great importance to Bona, as it is a key component in many of Bona’s products, which places high demands on water management. 38 39 General Results of Bona’s Stakeholder Dialogue 2025 General Stakeholder Description Prioritised sustainability issues Form of dialogue and collaboration Information Information // // Owners The owner family A long-term value creation: Board of Directors, dialogue with In 2025, Bona conducted a stakeholder dialogue with two goals: environmentally, socially, financially Global Sustainability Director and ethically. • to identify contextual changes that affect our sustainability impacts, risks or opportunities. • to complement last year’s dialogue with representatives of the Owners, our new COO and our new VP Retail Global Business Unit. Several other internal stakeholders have also contributed to this stakeholder dialogue. We also added the perspective of Employees Our employees working in production, A good work environment, health Employee surveys & workshops. distribution, or administration across and safety, reasonable working requests that arrive from suppliers and customers via forms. many parts of the world. hours. The results of this dialogue are summarized as follows: Workers in the Craftsmen using Bona’s products Health and safety, quality, good Training & workshops as well as • Growing demand from customers and other stakeholders for transparency and climate-adapted solutions. Expectations of value chain for floor installation and renovation. working environment, and labour ongoing dialogue. reporting according to international standards and legislation: climate (scopes 1–3), supplier due diligence, and PFAS. Workers in the supply chain, primarily rights. located in Europe and North America • US tariffs drive regionalisation and impact employees, customers, and exports. but also in Asia. • Industrial transition to LED curing technology underway, promising energy savings in our lab • Rising curiosity from industrial coating customers (but no demand yet) for renewable raw materials. Drives demand for Consumers & Floor owners who use and live with Health and safety, quality, and Customer surveys & dialogue. Environmental Product Declarations (EPDs) from our suppliers of raw material. end-users Bona’s products. environmentally friendly products. • To meet regulatory requirements while also maintaining our competitive advantage, Bona needs to focus its sustainability communication on key focus area supported by facts. Civil and The environment and society Climate impact, water consumption, Collaboration with scientific institutes Environmental represented by environmental and civil resource usage, and business (IVL). Dialogue, reports, and The input from the stakeholder dialogue is handled in different ways in Bona. The topics discussed were largely not new to the Organisations organisations. ethics. regulations. company. These topics are integrated into our ongoing sustainability work and largely covered by our existing material topics. Financial market Banks and investors requiring Climate information, management Dialogue with banks and reports from actors information on sustainability impacts in of health and safety, and business credit rating agencies. Material Sustainability Topics loan and investment portfolios. ethics. Bona’s business operations have an impact on sustainability topics throughout the entire value chain. Key environmental topics include Customers & Retailers primarily in the USA and Greenhouse gas emissions and Dialogue and customer surveys. climate mitigation and energy use, substances of concern, water use (at production sites in water stress areas), circular resource partners Europe requesting sustainability resource usage. flows and waste handling (at production sites and distribution centres). Our main social topics encompass health and safety for our information from their suppliers. employees and users of our products, along with good working conditions within our supply chain. We also see the necessity of listening to and fulfilling the Consumers and end-users needs. Business conduct and proactive measures to prevent corruption and Suppliers Suppliers of raw materials requesting Greenhouse gas emissions and Dialogue and collaboration. bribery are always a priority, as it is fundamental to a long-term successful operation of the company. sustainability information about their resource usage. entire value chain. Below is an overview of Bona’s material sustainability topics. A sustainability topic can be considered material both from an impact perspective and a financial perspective, often from both simultaneously. An impact perspective means that Bona’s operations or value Statutory Sustainability chain have a positive or negative impact on the environment, people, and society. The financial perspective means that a sustainability Statutory Sustainability Authorities, Authorities request information on the Health and safety, substances of Collaborations with industry and Report 2025 topic can result in business risks and opportunities for Bona in the short, medium, or long term. Report 2025 Industry and handling of chemical processes. concern, water. academia, with trade associations and Academia authorities in several countries. 40 Actions and policies to address sustainability topics are reported under the section “Approach and Principles for Addressing Sustainability Topics” (see page 35) as well as under each sustainability topic below. 41 Material Sustainability General Material Sustainability General Positive and Negative Impacts Business Risks & Opportunities Information Positive and Negative Impacts Business Risks & Opportunities Information Topic Topic // // Climate The chemical and flooring industries are energy-intensive, Bona relies on energy-intensive raw materials and Consumers and/or Negative health and environmental impacts if we fail to give Risk of reputational damage and legal consequences and most Bona’s greenhouse gas emissions occur in the energy-demanding production. High energy prices end-users correct information about our products or if they are not if we fail to offer sufficient details / correct green claims Climate Change and supply chain and customer chain during the production of and taxes on greenhouse gas emissions could, in the New - Consumers and/or used correctly. about our products. Energy raw materials, transport, and distribution. medium term, lead to increased costs for procurement end-users will be reported and production. 2026 The greenhouse gas emissions that we control arise mainly from our vehicle fleet and energy consumption in offices, warehousing, and production. The emissions we Own workforce Our personnel at Bona’s facilities could be injured and/or Due to potential non-ergonomic work environment, their health could be affected negatively. stress or exposure to hazardous chemicals, Bona don’t control arise mainly from our purchased goods and Working conditions could risk sick leaves, legal repercussions, and loss of services. production. Bona’s production in Sweden, Germany and the USA Pollution Inadequate handling of chemical processes could result Bona must meet high standards and regulations in a chemical substances leak resulting in exposure to our within the chemical industry and actively phase out is subject to strict regulations, and Bona adheres to Substances of concern workforce and the surrounding environment. substances of Concern and Substances of Very High the most ambitious standards and routines. Failure to Concern (SVHC). Risks include legal and reputational comply to these regulations and standards and failure to Substances of concern and Substances of Very High maintain a good working environment could lead to legal Substances of very high consequences (brand risk), which could result in negative Concern (SVHC) are found among Bona’s suppliers as well and reputational consequences (brand risk), which could concern financial effects. as at Bona’s own production facilities. result in negative financial effects. Bona’s investments in low-impact products are expected to have positive effects on Bona’s revenue. Bona aims to be a safer choice for consumers to enhance consumer Workers in the Craftsmen could be injured and/or their health could be Due to use of two-component lacquers and potential trust and foster brand loyalty. value chain affected negatively. exposure to harmful substances if not handled correctly, Bona could face litigation and negative financial impacts. Workers at our business partner’s facilities could be injured Water Negative impact on environment if manufacturing processes Risk of reduced access to high-quality water in the near Working conditions and/or their health could be affected negatively. Due to potential non-ergonomic working positions at our New – water will be doesn’t follow our water discharge practices. future in areas where we produce water-based products. business partner’s facilities, Bona could risk negative Workers in our supply chain in countries with human rights reported 2026 With future changes in the climate, the risk will be even financial effects. risks, could be deprived of fair working conditions. bigger. Regulations for increased due diligence reporting Bona’s waterborne solutions have less health impact Customers request water governance, responsible water throughout the value chain could result in higher costs on craftsmen compared to products based on organic usage and a water policy. and reputational risks if Bona does not proactively solvents. comply. Circular economy The purchase/use of non-renewable materials, such as Costs related to purchase of raw materials is of great polymers in the production of water-based lacquers and importance, a financial risk. Resource inflow plastic in mops and packaging have a higher climate impact Business ethics Corruption and bribery are present in international business Corruption and bribery linked to Bona’s operations could Lack of raw materials (not able to purchase/distribute) for than renewable materials. and have negative effects on societies and businesses if not lead to increased costs, lost business opportunities, legal production poses a financial risk. Resource outflow, Potential generation of hazardous waste during production Corruption and bribery addressed. Global companies must operate transparently, actions, and reputational damage. including waste Increased regulation within waste management across and their anti-corruption measures must meet international could negatively affect people’s health and the environment. New – waste will be the entire value chain could lead to higher costs for Bona. business ethics standards. reported 2026 Bona’s products are distributed in approximately 90 Our business model of preserving and renovating existing countries, many of which do not have sufficiently developed floors is resource efficient: a competitive advantage if we Statutory Sustainability Statutory Sustainability waste management systems. If our products and packaging will see scarcity of raw materials and escalating prices. aren’t handled correctly by end users, it may impact the Report 2025 Report 2025 environment negatively. Waste poses an opportunity, related to the quality/ efficiency KPI of Cost of poor quality. 42 43 Continued on next page. The figure below illustrates where in Bona’s value chain the impacts risks and opportunities related to our material sustainability topics arise. General IMPACT, RISK, AND OPPORTUNITY MANAGEMENT General Information Information // // Process of Double Materiality Assessment This year we have expanded the information, including learnings from previous years. The stakeholders in the table above are a compilation of dialogues that have been conducted in 2025, 2024 and 2023. Bona follows the steps below to identify and assess which sustainability topics should be reported in the sustainability report. Step 1: In the first step, stakeholder dialogue is conducted, and relevant contextual information is gathered to form the basis of the materiality assessment. This information may include, for example, changes in the business during the year that could impact our sustainability agenda, as well as relevant scientific reports. Step 2: In the second step, we identify potential sustainability topics that are essential to assess. We base this on the list provided in ESRS as well as the metrics and indicators used by Bona in the previous year. Step 3: In the third step, we apply defined thresholds to assess which sustainability topics and sub-topics are material for Bona. We use criteria for both impact and financial materiality. The assessment is discussed and finalized by involving relevant decision-makers and specialists/experts within Bona’s organization. Finally, the materiality assessment is approved by Bona’s Board of Directors. The results of the assessment form the basis for Bona’s sustainability agenda. The new material sustainability topics of 2025 will be further developed during 2026. The Group Management has the general responsibility for Bona’s Sustainability work. The Sustainability department, on behalf of the Sustainability Board and Group Management, is responsible for continuously identifying and managing sustainability impacts. On the local level Bona’s production facilities break down global activities to local as well as identifying local impacts as part of their work in accordance with relevant ISO standards. In the sections below, we explain how we work to mitigate our impacts and reduce the risks related to our material environmental, social and governance topics. Statutory Sustainability Statutory Sustainability Report 2025 Report 2025 44 45 Environmental Information Actions to Reduce Climate Impact Environmental Environmental Information Information // Bona manages climate impact through a structure consisting of four expert teams, each with specific goals. The expert teams aim // to reduce the group’s climate impact in areas such as energy consumption and own/leased vehicles, raw materials, packaging, Bona conducts active and structured environmental management, with targets and plans implemented locally by the transportation and distribution. company’s various facilities. This work is based on both the group’s shared policy documents and international ISO standards, which are implemented locally according to relevance and need. Actions to reduce climate impact within Bona’s operations and across the value chain. CLIMATE CHANGE Action Purpose Part of value chain Bona’s climate impact arises from our production, warehousing, and transportation. We are working to reduce our climate impact Solar panels, geothermal heating, Access to renewable energy Own operations through policies, targets and actions. Bona has developed a climate transition plan during 2025, expected to be adopted during 2026. and battery solutions Our material topics include reducing climate impact and improving energy efficiency. Dialogue with our main material Reducing greenhouse gas emissions Supply chain and transport suppliers Policies Related to Climate Change Reducing greenhouse gas emissions Continuous work towards more from fossil fuels in Bona’s transport Bona’s climate policy is part of the group’s Safety, Health, and Environment policy, which applies to all Bona subsidiaries. The climate through efficiency planning and Own operations efficient global transport solutions policy covers the following areas: replacing fossil fuels • Reducing climate impact • Energy efficiency Improved packaging and efficient Reducing resource usage Own operations processes • Increasing the use of renewable energy Energy efficiency measures Reducing greenhouse gas emissions Own operations To reduce our direct and indirect climate impact, our policy is to: • Reduce the use of fossil fuels in vehicles we own and/or lease. Purchase of energy with low climate • Minimize energy usage in our production, warehousing, and office operations through intelligent solutions for lighting, heating, impact via renewable energy Reducing greenhouse gas emissions Own operations ventilation, and insulation. certificates • Generate and use renewable energy, such as solar panels and geothermal heating. • Purchase renewable energy certificates. Policy for new company cars Reducing greenhouse gas emissions Own operations • Measure and minimize climate impact during transportation. • Engage in dialogue with our partners to reduce climate impact. Statutory Sustainability Statutory Sustainability Report 2025 Report 2025 Group Management is responsible for ensuring Bona’s policy is followed. 46 47 Internal Carbon Price Environmental Energy Consumption Environmental Information Information // Bona’s energy use mainly refers to the production of chemical products and heating/cooling for warehouse and office facilities. The table // Bona uses an internal carbon price of €200/ton in connection with investments. The carbon price is determined by the below shows Bona’s energy consumption and energy mix in its own operations, including purchased electricity. Share of renewable sustainability board and is adjusted as needed. At the time of deciding the current carbon price, ETS was approximately €100/ton. sources includes market instruments (RECs/GoOs). The internal carbon price reflects a forward-looking estimate of transition risk and is set above current ETS levels to support long-term investment decisions. Energy consumption and energy mix 2025 2024 2023 2022 Metrics and Targets Consumption of purchased or acquired electricity, heat, steam, 3 809 4 931 9 583 6 197 and cooling from fossil sources (MWh) Bona has set targets to reduce its greenhouse gas emissions. We measure our energy use and greenhouse gas emissions across the entire group. Below, we report the Bona Group’s energy consumption and greenhouse gas emissions for the reporting period. Share of fossil sources in total energy usage 32,35% 40,71% 67,85% 57,42% Changes in energy and greenhouse gas calculations compared to 2024 Sustainability Report: Consumption of purchased or acquired electricity, heat, steam, and • Emission factors for 2025 have been updated. 7 635 6 880* 4 229* 4 123 cooling from renewable sources (MWh) • External review of our Scope 1 and 2 measurements made us adjust the climate impact from gas consumption partly from Scope 2 to Scope 1. The corrections have been made for the 2024 numbers and onwards. To make the numbers from 2022 comparable, the Scope 1 and 2 climate impact is shown as a summary. Consumption of self-generated non-fuel renewable energy (MWh) 332** 301** 311** 473** • The external review concluded that biogas certificates previously used for market-based calculations didn’t meet the applied reporting criteria. When calculating natural gas usage, the climate impact has increased all years. Total renewable energy consumption (MWh) 7 968 7 181 4 540 4 596 • More precise data retrieval of mobile combustion in Englewood has resulted in lower Scope 1 impact than earlier reported. • Correction of electricity quality (from grid average to certified renewable) in two sites has lowered the earlier reported Scope 2 Share of renewable sources in total energy consumption 67,65% 59,29% 32,15% 42,58% numbers. • An error in natural gas consumption has been corrected, resulting in higher climate impact. Total energy usage (MWh) 11 777 12 111 14 123 10 793 • Data quality of Mobile combustion has been enhanced, since privately driven kilometres have been excluded 2025. *The number includes electricity from nuclear energy. **The number does not include geothermal heat production. Bona is working to improve energy efficiency in its operations and increase its own production of renewable energy, such as geothermal heating and internal solar power production (which amounted to 752 MWh during the period, of which 420 MWh was sold externally). During 2025, we succeeded to decrease Bona´s total energy usage, despite higher sales volumes. The high proportion of renewable energy in the energy mix is primarily due to the purchase of renewable electricity certificates. Statutory Sustainability Statutory Sustainability Report 2025 Report 2025 48 49 Energy usage per produced unit has also been moving in a positive direction since 2023 (see table below). Environmental During the reporting period, Bona significantly reduced its total Scope 1 and 2 greenhouse gas emissions (market-based). We also Environmental Information reduced greenhouse gas emissions per produced volume. This was primarily due to the purchase of renewable electricity certificates, Information // as well as implemented measures to improve energy efficiency. The table above also indicates our ongoing transition from internal // combustion engines to electrification in our owned/leased vehicle fleet. Energy intensity based on production volume 2025 2024 2023 2022 We achieved our 2025 target (-42% vs baseline) and will continue improving equipment and production processes as well as the Total energy consumption per produced unit (kWh/tonne) 456 483 566 404 purchase of renewable electricity to meet our 2026 targets. During 2025, we also initiated the process to include Scope 3 in our greenhouse gas metrics and targets. Greenhouse gas emissions Number of reporting sites 28 30 28 27 from our value chain constitute the largest part of Bona’s total emissions. Reducing Scope 3 emissions will be a main challenge for us going forward. Greenhouse gas emissions POLLUTION Bona’s greenhouse gas emissions in Scope 1 and 2 primarily concern heating and fossil fuels used in vehicles owned or leased by Bona. The table below shows the outcomes and targets for Bona’s greenhouse gas emissions. In 2025, the emissions in Scope 1 + 2 At Bona, we want to manage our operations with minimal negative impact on the environment. We ensure that our products pose has decreased by 1 145 tons, surpassing the target. minimal health risks when used as intended and in accordance with instructions. Targets Total Scope 1 and 2 (market- Outcomes (compared to baseline) Policies related to chemical products based) emissions: outcomes compared to base year 2022 and targets Baseline Change 2025 Bona’s policy for chemical products includes, among other things, that the following substances should not be used in our products: 2022 2023 2024 2025 vs. baseline 2025 2026 2040 • Substances that have been confirmed to cause cancer, be mutagenic, or toxic to reproduction. This applies regardless of Total Scope 1 and 2 classification in regional markets or whether such classifications have been fully implemented in legislation. -1145 ton CO2e greenhouse gas emissions 2 483 3 111 1 637 1 338 -42% -50% -100% • Substances classified as Substances of Very High Concern (SVHC) by the European Union. -46% (tonnes CO2e), market-based Actions to manage chemical products Greenhouse gas intensity Issues related to chemical usage are managed centrally within the group, where a global phase-out list of specific chemicals has been Total Scope 1 and 2 (market-based) established. Our systematic work on quality and the environment is based on and verified by ISO certifications. emissions (kg CO2e) per tonne 93 125 65 52 produced unit Substances of Concern and Substances of Very High Concern (SVHC) have been identified as one of the material sustainability topics for Bona. Our own production generates minimal pollution and therefore any negative impact arising from our operations is primarily Statutory Sustainability Statutory Sustainability Report 2025 linked to sales of products. Report 2025 50 51 Measures taken by Bona to manage and reduce pollution include: Environmental Regarding substances of concern—which include a large group of chemicals, many of them reactive—Bona uses a considerable Environmental • Phasing out chemicals of concern and choosing alternatives with improved environmental profiles. Through innovation, we have Information amount of these substances because our operations involve reactive chemistry, such as polymerization in closed processes and the Information the possibility to lower the negative environmental impact of our products. A challenge in this phase-out work is the time it // production of industrial coatings, both of which require chemical reactivity. The risks associated with these are controlled in industrial // requires, where the difficulty lies partly in finding alternatives, and partly to ensure product quality. processes as well as safety, health and environmental measures at the local sites. • Continuously updating our phase-out list and monitoring developments in the industry regarding new chemical information At the user-level, substances of concern and substances of very high concern are handled by professional craftsmen trained in their relevant to the company. proper use. End consumers are subjected to very low (or no) exposure, and a strict risk assessment regime is always applied. » Great care is taken in evaluating new chemicals. » Regular reviews of existing raw materials across our global operations. In relation to Bona’s total production, substances of concern are used to some extent in the mentioned processes while the use of substances of very high concern is considerably lower. » Use of closed production systems when required and specific continuity plans for each production unit. » Biannual chemical risk assessments. RESOURCE USE AND CIRCULAR ECONOMY Metrics and targets Bona’s business model is based on renovating and maintaining floors, which increases resource efficiency within the flooring industry. We aim to optimize resource use in our own operations and together with partners across the value chain. We are working to gain Bona has an ambition to phase out all PFAS containing raw materials in our products as soon as possible. Apart from PFAS, we have access to reliable data, with the main challenge being data collection from our suppliers. set up a timeline for phasing out specific substances, prioritizing them based on risk profiles rather than classification. This is because there are very different risk scenarios ranging from reactants used in closed processes to products handled by consumers. The end The key resources used in the production of Bona’s products are: criteria is to assure a safe use of the chemical raw materials as well as our products. • Raw materials for chemical products Our achievements include, among other things: • Water • Continued phase out of PFAS in all lacquers that has not yet been converted. • Energy • Handling and phasing out reclassified chemicals that do not live up to our policy. • Packaging • Up to date with all regulatory changes in the chemical regulatory framework. For 2025, we have updated our global phase out list following a comprehensive review of chemicals in use. Risks were assessed and Policies related to resource use and circular economy phase-out deadlines for the substances in question were established. A key driver for this revision was the lack of time-bound phase- out targets (no quantitative targets were set for 2025). Metrics and targets for the new global phase out list will be disclosed for the Bona’s policies related to resource use and circular economy are included in our sustainability policy and chemical products policy. reporting year 2026. These include, among other things, that Bona: Bona evaluates all new chemicals and regularly reviews existing raw materials across its global operations as part of its standard • Should use resources that are reusable to the greatest extent possible. practices and risk management. • When sourcing raw materials, sustainable choices that are renewable or recyclable should be chosen. • Wherever possible, renewable and recycled materials should be used in packaging. Substances of Concern and Substances of Very High Concern Statutory Sustainability Statutory Sustainability At Bona, substances of very high concern are only used in our products when it’s both permitted by applicable legislation and required Actions to reduce resource use Report 2025 Report 2025 by the need for the unique properties and performance of our products or that it is a reactant consumed in the chemical processes. Monitoring of the substances used in our products is a continuous process conducted by our Sustainability department. Currently, Bona doesn’t have a specific target for the phase out of all substances of very high concern (although some are on the Global phase 52 Bona has taken actions to reduce resource use, primarily by decreasing the amount of fossil-based virgin plastic in the packaging of our products. We also produce efficient and largely bio-based cleaning agents. 53 out list). It should be noted that for these substances a risk-based approach is used in the same way as for all other chemicals. Metrics and targets Social Information Environmental Social Information Information Bona’s target was to reduce the amount of fossil-based virgin plastic in its primary packaging materials by 50% by 2025 and more than // // 55% by 2026 (compared to 2020). The table below shows the percentage of fossil-based virgin plastic that Bona has replaced, mainly with recycled plastic (PCR). In 2025, we reached 32.7% (target: 50%). OWN WORKFORCE Percentage of replaced fossil-based virgin plastic 2025 2024 2023 2022 As a global company, Bona respects human rights and complies with all relevant laws and regulations in the countries where the Percentage of replaced fossil-based virgin plastic, (compared to 2020) 32,7 34,7 29,1 8,9 company operates. Bona strives to mitigate risks for its employees; ensure fair and decent working conditions; promote diversity, inclusion, and equality; and maintain fair wages. The 2025 target was not achieved, due to longer-than-expected timeline for implementing PCR in US-based adhesive and lacquer Policies Related to Our Own Workforce packaging. Plastic packaging for consumer products in the US has already been replaced with approximately 30% PCR. Also, increased sales volumes in the US during 2025 contributed to a lower total share of replaced plastic in packaging. Bona’s global group policy documents and Code of Conduct clarify the behaviour and responsibilities expected of the group’s employees. Our medium-term targets are affected by the limitation on how much recycled plastic can be used in packaging while maintaining The Code of Conduct describes Bona’s approach to the workplace, human rights, and how all employees should conduct business. necessary quality. Bona works with technical consultants to identify ways to increase the share of recycled plastic in our packaging Work related to people and workplace topics are also governed by specific policy documents on Safety, Health, and Environment (SHE and to evaluate alternative packaging materials. Policy); Work Environment; Recruitment; Corporate Communication; Whistleblowing; and local employee handbooks. Bona works continuously to decrease costs related to quality issues. High-quality products and efficient production and working processes reduces resource use. Bona’s goal is that quality-related costs as a percentage of sales costs should not exceed 0.5% of Working Conditions sales. In 2025, quality-related costs were 1.0% (target: ≤0.5%). Through its Work Environment Policy, Bona aims to create a fair and equitable workplace. This policy is applied globally and serves as a framework for establishing local, country-specific guidelines at each site. All new employees undergo an introduction program Costs related to quality issues 2025 2024 2023 2022 that includes an overall job description and an introduction to Bona’s Code of Conduct and global group policy documents. Annual development discussions are held between employees and their immediate managers, providing opportunities to discuss skill Quality costs as a share of sales costs, percent 1,0 1,3 0,8 2,1 development. Wages are determined by the complexity of the role, level of responsibility, market value, and the individual’s performance, commitment, and competence. Costs associated with quality issues in 2025 was 1% of total sales cost. This was an improvement from 2024, but not in line with our long-term target. During the year, Bona launched a new Global Quality, Safety, Health and Environment (Q-SHE) organisation which is expected to even further increase the focus on quality issues. Diversity, Inclusion, and Equality Bona welcomes diversity and the strengths an international workforce brings, which are essential for the group’s continued innovative Statutory Sustainability power, growth, and relevance. This is a key part of the group’s Work Environment Policy. Employees are encouraged to collaborate on Statutory Sustainability Report 2025 cross-border and cross-functional projects, enabling the exchange of creative ideas and new perspectives. Many of the company’s Report 2025 current functions and projects are cross-functional. 54 55 Training and Development Social Social Information Actions Purpose Information Bona works to attract, retain, and develop its employees to meet the demands of a rapidly changing industry. This is achieved through // // continuous skill development and various support systems. Through the strategic learning and communication platform ‘One Bona’, • All employees are trained in Bona’s Code of Conduct, which includes Bona’s Prevent discrimination and harassment available on the e-learning platform BonaTrainingCamp, the group creates conditions for that its international workforce operates values as well as guidelines and stances against discrimination in the workplace. as one company and communicates with one voice despite geographical distances. The platform enables knowledge sharing and and harassment. alignment of initiatives with Bona’s strategy using interactive training and workplace meetings. • A whistleblower hotline and system is in place for reporting all serious Prevent discrimination and harassment incidents in collaboration with an external third party. in the workplace. Safe and Healthy Work Environment • All reported cases are handled according to an established process. The SHE Policy states that safety, health, and environmental aspects must always be prioritized in all Bona processes. Each individual is responsible for following the instructions and procedures defined by Bona and reporting the risks, which is ensured • Focused recruitment procedures and training programs for managers and by appropriate information and training. Bona’s work on safety, health, and the environment is planned, monitored, and reviewed employees. Improve retention and employee continuously to identify and implement possible improvements. Depending on function, parts of Bona’s organization are certified • We provide career development opportunities and encourage more senior engagement. according to relevant ISO standards for quality and work environment, specifically ISO 9001 (Quality Management) and ISO 45001 employees to mentor new hires. (Occupational Health and Safety Management). Compliance with ISO standards is audited by internal and external reviewers. • Safety training for production staff. • Closed production systems and specific continuity plans for each Risk Management and Actions Prevent health risks for Bona’s employees production unit. during the production process, such as • Rules and training on the use of protective equipment. exposure to dust and toxic chemicals. Potential work environment risks include workplace accidents, stress, and work-related health issues. Bona collaborates with • Internal systems for reporting risks, incidents, and improvement suggestions. authorities in its preventative work to ensure preparedness for potential accidents and to minimize and mitigate any impact. As a foundation, Bona adheres to relevant laws, regulations, permits, and other requirements from authorities in the countries where the • Chemical risk evaluations. group operates. Bona’s goal is to establish a higher standard for improvements within the framework of a healthy business. Risks are managed through various initiatives such as safety and health meetings, healthy workplace campaigns, well-being programs, and training on • Bona Group’s HR policy includes guidelines for recruitment, salary discussions, and equal treatment, applicable across all units of the inclusion, diversity, and anti-discrimination. In different parts of the organization, employees have different ways to support work-life organization. balance, within the scope of their work tasks. • Local salary surveys are conducted to develop and update salary ranges and Market-competitive salaries and structures, as well as to maintain competitiveness in the labour market. career opportunities. • Development opportunities are offered to all employees where relevant. Code of Conduct training • All vacant positions are advertised within the organization, and eligible employees are encouraged to discuss opportunities with their immediate During 2025 Bona rolled out a digital platform for Code of Conduct online training. All employees were required to participate in Statutory Sustainability Statutory Sustainability supervisors and apply where appropriate. the training. Report 2025 Report 2025 56 57 Metrics and Targets Social Bona encourages employees to report all types of incidents and accidents, which typically leads to a high number of reported events. Social Information None of the reported events above resulted in any serious (fatal or life changing) accidents. Bona has a target of zero work-related Information Metrics related to the area of ‘Personnel’ vary depending on the specific national context. Bona conducts multiple evaluations // accidents. // and programs, both globally and locally, to measure and follow up on its work, as well as to identify potential risks and areas for improvement. Depending on the country of operation and national legislation, measurements include the number of employees, During 2025, Bona refined and standardized its definition of accidents and incidents to ensure consistent interpretation and reporting gender, age, nationality, workplace accidents, sick leave, and other types of absence. The group also measures completed across global operation sites. As a result, the table “Work-related incidents and accidents“ from 2024 has been replaced by a new, performance reviews, both internal and external training hours, as well as health and wellness activities. more detailed table ensuring improved quality and robustness. The new data will be disclosed for 2025 and onwards, as the data is not comparable with previous years. Number of employees is defined as full-time head count employees on the last day of the year. In 2025, there were no reported accidents in the EMEA + APAC (including Australia) region. Percentage of employees who had performance reviews (%) 2025 2024 2023 2022 Accidents and incidents are defined below. Sweden 100 100 100 84 • Accidents: Germany 89 95 96 87 » Fatal or life changing injuries – an accident leading to death or permanent disability » Lost Time Accident – accident at work causing absence at least the following day Rest of EMEA + APAC (excluding Australia) 100 100 99 100 » Recordable accident – requires external medical care North America 100 98 93 95 » First aid accident – does not require any external medical treatment Australia 78 N/A N/A N/A • Incidents: » Near miss – something actually happened but luckily no one was hurt Bona’s ambition is that all employees within the group should have an annual performance review. The drop in Germany in 2025 is » Hazardous condition – a situation or observation that could lead to an accident if not addressed partly explained by a change in the review timeline, as performance reviews were shifted from October 2025 to spring 2026. Accidents Incidents Work-related incidents & WORKERS IN THE VALUE CHAIN accidents 2025 (number) Fatal or life Lost time Recordable First aid Hazardous Near misses changing injuries accidents accidents accidents conditions Good working conditions throughout the value chain are a priority for Bona. This applies both to craftsmen using our products and to Sweden 0 0 2 5 19 22 workers in the supply chain. Germany 0 2 1 6 5 9 Policies Related to Workers in the Value Chain North America 0 3 7 21 52 180 Total number of work-related Bona takes the potential impact of its products and processes on safety, health, and the environment seriously. The Safety, Health, 0 5 10 32 76 211* and Environment Policy outlines how these issues should always be prioritised within the company and in the development of products incidents & accidents Statutory Sustainability Statutory Sustainability Report 2025 across the group. Bona’s Innovation Policy establishes sustainability as a priority in the development of new products. Bona’s Global Report 2025 *A high number of reported hazardous conditions reflects a strong reporting culture. Procurement Policy requires suppliers to adhere to Bona’s Business Partner Code of Conduct, bringing together Bona’s mission, core values, and key principles concerning: 58 59 • Business integrity Social Social Information Actions Purpose Information • Human rights • Safety, health and environment // // We offer Bona certifications and training for professional craftsmen through the • Fair and decent workplace Bona Certified Craftsman Program. Online training materials are available via Bona Training Camp and through Safe handling of products, including health training centres in several countries. and environmental risks. Supply Chain Due Diligence Product labelling and safety data sheets. Bona Dust Containment System. During 2025, Bona developed and implemented a new supplier evaluation process. The evaluation process has a risk-based approach and encompasses, at the first stage, suppliers to Bona’s production, representing approximately 70% of total supplier spend. Visits to suppliers in countries with higher risk. Compliance with international labour and Dialogue for third-party evaluations of suppliers. human rights guidelines. The supply chain due diligence process evaluates how suppliers comply with Bona’s Business Partner Code of Conduct. Suppliers are classified in different risk categories (A, B, C and D), and red flags would lead to a deepened discussion and evaluation of the supplier. The results of the supply chain due diligence process are continuously informing our long-term supply chain strategy. Metrics and Targets Risk management and actions For the reporting period, Bona measures and reports the sales of the Bona Dust Containment System and the number of supplier evaluations conducted during the year. Bona actively works to ensure our products are safe for users. Some products contain chemicals that may pose health risks if used incorrectly. To address this, Bona provides necessary information and offers specialized training and education on the safe handling As more craftsmen adopt the Bona Dust Containment System, their working environment improves by reducing dust exposure. of products to all craftsmen. In addition to complying with current legislation, Bona acts proactively by phasing out chemicals deemed harmful to health whenever Sales of Bona Dust Containment (high-performance) System 2025 2024 2023 2022 possible (see the section on pollution). Changes in sales of high-performance systems compared to the +3,7 +2,9 +8,5 +4,1 Dust is a significant occupational health issue for craftsmen, with a negative impact on their health. Through the Bona Dust Containment previous year, percent System, we offer a solution for significantly minimize dust. Bona works with a select number of suppliers, prioritizing long-term relationships, which has enabled close dialogue on social issues In 2025, global interest for our Dust Containment System continues, indicating increasing awareness among craftsmen about health such as working environment and conditions. Despite this, there is limited visibility with suppliers in certain markets. issues and that our workplace training is delivering results. Many craftsmen have invested in high-performance dust containment systems. As these machines last a long time, we expect demand to level off over time. All our suppliers are expected to ensure that their employees have a safe workplace, where human rights and fundamental labour rights are upheld and respected. In cases where there is a perceived risk that a supplier does not meet Bona’s requirements, physical visits Supplier evaluations cover parts of Bona’s suppliers based on a risk-based approach. As a new evaluation process is under develop- are conducted by Bona staff. Suspected or potential irregularities and direct violations of Bona’s guidelines are reported according to ment, goals and measurements will be updated in the 2026 report. the organizational structure (to the next manager) to the COO and onward to the Group Management team. Close collaboration with suppliers increases Bona’s ability to influence structured quality and environmental management systems and Statutory Sustainability Statutory Sustainability Ongoing evaluation of Bona’s suppliers (rolling three years) 2025 2024 2023 2022 drive progress towards reduced negative impacts on safety, health, and the environment in our value chain. An important part of this Report 2025 Report 2025 is Bona’s use of ISO-certified suppliers or those with similar processes in place. Supplier evaluations 53 64 43 78 All business partners can report concerns via the whistleblowing system available on Bona’s website. 60 61 Governance-Related Information Governance Governance Anti-Corruption Training 2025 Risk-exposed Departments Other Employees Information Information // Number Trained // Total employees 45 739 BUSINESS CONDUCT Total employees trained during the reporting period 100% 100% Type of training offered and duration Bona is a global company with a responsibility to act ethically in business and actively prevent bribery and corruption in Classroom training (h) 0,25 h 0,25 h international operations, in line with international standards. Voluntary computer-based training (h) 1h 1h Frequency Policies and Risk Management How often training must be undertaken for own employees Every 3rd year Every 3rd year Bona has zero tolerance for all forms of bribery and corruption. Clear guidelines are established in several group-wide policy documents, Voluntary computer-based training (h) 1h 1h specifically Bona’s Code of Conduct, Pricing Policy, Procurement Policy, Gifts and Entertainment Policy, Business Travel Policy, and Whistleblowing Policy. Training topics covered Definition of corruption P P Situations with increased risk of corruption include business trips, customer and sales events, and supplier gifts. Bona works to reduce these risks through the communication of policy documents, employee onboarding, and approval processes. Policy P P Prevention and Detection of Corruption and Bribery Policy and anti-corruption training are part of a broader program that includes Bona’s business strategy and vision. Anti-corruption is also part of the Code of Conduct online training launched in 2025. The risk-exposed departments referred to in the table are primarily procurement teams and those in customer service-facing roles. Suppliers are regularly evaluated by Bona’s quality and purchasing departments. This process involves several steps to enhance the chances of identifying potential risks early on. By selecting suppliers located in low-risk areas, the risk of corruption or breaches of human rights is reduced. If a supplier is deemed a potential risk, Bona’s personnel conduct on-site audits. Number of reported incidents 2025 2024 2023 2022 Reported incidents 3 12 11 3 Metrics and Targets The reported incidents include all types of deviations from Bona’s Code of Conduct, with varying levels of severity, which were either Bona monitors its efforts related to ‘Preventing Corruption’ through data such as the number of whistleblowing cases and incidents of reported to the HR department or via Bona’s whistleblowing system. corruption. In addition, the company also tracks the proportion of employees who have undergone training in Bona’s Code of Conduct. Convictions and fines for violation of anti-corruption and anti-bribery laws 2025 Statutory Sustainability Statutory Sustainability New employees trained in Bona’s Code of Conduct (%) 2025 2024 2023 2022 Number 0 Report 2025 Report 2025 EMEA/APAC 100 100 100 100 Fines - NAM/LAM 100 100 100 100 62 Action taken - 63