Dear reader,

When global headlines revolve around extreme weather, declining species, lurking pandemics, and an upsurge in senseless human conflict, it is more important than ever to face the future with resilience and hope. At CABB, we take our responsibility towards society and the environment seriously. Our commitment to aiming for a sustainable future goes to the core of our vision – being the most performing and sustainable partner in complex fine chemistry by 2028. Our mission revolves around being a leading fine chemistry and contract development manufacturer for the Crop Science, Life Science, and Performance Materials market while balancing people, planet, and performance. Our values – partnership, responsibility, excellence, and drive – are the fundamental beliefs that guide and inspire us.

The CABB Group is at the forefront of transformative projects that reflect its commitment to innovation and efficiency. In 2023, we began implementing a new global enterprise resource planning (ERP) system to streamline our global operations planning procedures.

In 2023, we also began preparations to fully align our sustainability reporting with the Corporate Sustainability Reporting Directive (CSRD) in future. In particular,
a gap analysis was conducted to understand where improvements are needed. The 2024 report will feature a structurally fundamentally renewed materiality
analysis in line with the requirements of the CSRD.

Reducing greenhouse gas (GHG) emissions is a broad and vital task for the CABB Group. To create additional transparency, we have started in 2023 to calculate the first Product Carbon Footprints (PCFs). In addition, we strongly consider setting science-based targets through the Science Based Targets initiative (SBTi), in line with the Paris Agreement’s ambition. An essential element of the measures enacted to achieve this target is linked to the reduction of the CABB Group’s overall energy demands and the shift to renewable energies and more efficient processes and infrastructure.

«We consider it our duty to constantly improve ourselves in the most responsible way possible.»

We also take responsibility and actively promote sustainability in our supply chain. We evaluate suppliers providing more sustainable alternatives or biobased materials, contributing to a more ethical and environmentally friendly business environment. Since April 2022, the CABB Group has been a proud member of the global “Together for Sustainability” (TfS) initiative. We use TfS as a cooperation framework, which has proven to be a milestone in our sustainability strategy.

In 2023, we continued the Group-wide workplace safety program #Behavioural Safety launched in 2022. The CABB Group attaches great importance to this
project, as safety and security are our number-one priority. One notable achievement in this respect is the receipt of the prestigious “Chemical Industry Safety
Award” in the large company category by our Finnish subsidiary for its special contributions and achievements in June 2023.

In our Sustainability Report, you will find further details of the actions we have taken to incorporate sustainability into our business. We have delivered some meaningful changes and continue to set ourselves ambitious goals while acknowledging that we are only at the beginning of this journey to a more sustainable future. Together, we can make a lasting impact.

Sincerely yours,
Thomas H. Ahrens