Össur : Össur Sustainability Report 2022

Sustainability Report

2022

Sustainability Report 2022

About Össur	3	Our Sustainability	11	Our Environment	20
Letter from the CEO​	4	Commitment		Our Operations	22
2022 in Brief	6	Sustainability Framework	13	Our Products	25
Össur at a Glance	7	Sustainability Highlights	15	Our Supply Chain	26
		Governance of Sustainability 16	Environmental Metrics	27
		Stakeholder Engagement	19

Our People	28	Our Business	52	About the Report	60
Our Customers	29	Our Governance Practices	53	About the Report	61
Our Employees	31	Our Business Integrity	54	Material Topics	63
Our Suppliers	39	Our Reporting Transparency	58	Independent Auditor's
Our Communities	44	Governance Metrics	59	Assurance Report	64
Social Metrics	50

Össur's Annual Report 2022

About Össur

Letter from	2022	Össur at
the CEO	in Brief	a Glance

About Össur - Our Sustainability Commitment - Our Environment - Our People - Our Business - About the Report

Letter from the CEO

Responsible for

Tomorrow

Sveinn Sölvason

President and CEO

With more than 4,000 employees worldwide, we at Össur are fortunate to share a common purpose rooted in improving people's mobility and making a positive impact today and for future generations.

Since our original commitment to the UN Global Compact more than a decade ago, we have been solidifying our commitment to sustainability, embedding a sustainability mindset and initiatives throughout the organization. Össur now actively supports UN Sustainable Development Goals number 3, 5, 8, 12, 13, and 16. Each one making its own unique contribution to the shared global blueprint for the prosperity of our planet and its people.

In 2022, we elevated Sustainability to the executive committee level, demonstrating its importance as one of the foundations of our success. We also further established the governance structure and overall sustainability framework, which encompasses an ambitious environmental, social and governance agenda. We have grouped these initiatives into three areas; Our Environment, Our People, and Our Business, and we invite you to read more about our programs and metrics in this report.

One of our key initiatives continues to be increasing access to, and availability of, suitable products for elderly amputees, including studies providing valuable

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SUSTAINABILITY REPORT 2022

About Össur - Our Sustainability Commitment - Our Environment - Our People - Our Business - About the Report

information on the potential benefits for this user group. Our environmental efforts continued to be strong and included introducing new, eco-friendly packaging. We continued to be Carbon Neutral for scope 1 and 2, and selected scope 3 emissions, and in 2023, we will submit our emissions targets to the Science Based Targets Initiative.

"In 2022, we elevated Sustainability to the executive committee level, demonstrating its importance as one of the foundations of our success "

Diversity, Equity and Inclusion remains a strong focus for us, and we are committed to fostering a culture of acceptance and belonging, while proudly serving as a diverse, global community. In 2022, we received valuable feedback from our employees through focus groups and added an Inclusion Index in our annual workplace survey. Gender equality remains one of the fundamental elements of diversity, equity and inclusion, and we are proud of the example we are setting in that regard.

The devastating war in Ukraine has impacted all of us in many ways. As limb loss is unfortunately one of the tragic consequences of war, Össur pledged to donate prosthetic products and clinical expertise to Ukrainian people in need when the war broke out in February 2022. Through our partnership with non-profit organization Prosthetika and participants in the Ukraine Prosthetic Assistance project, and a grant provided by the Icelandic Ministry for Foreign Affairs' Sustainable Development Goals Fund, Össur clinical specialists have provided training to Ukrainian prosthetists in Össur technology and treatment protocols. Össur has donated a significant amount of prosthetic products and Ukrainian prosthetists have fit several individuals

with Össur solutions. It is our belief that by empowering Ukrainian clinicians with knowledge and tools to serve the growing amputee population, we are contributing to a sustainable delivery model where patient needs in the local community are at the forefront.

Sustainability is of great importance to our employees, customers, and shareholders alike. We have chosen to consolidate our sustainability efforts within the theme of Responsible for Tomorrow™, understanding that the decisions and actions we take today, will impact future generations. It is up to all of us to ensure we are actively contributing to a better society for future generations.

Each day, we are inspired by the many individuals using our products to improve their mobility and overall well-being. We, in turn, hope to inspire and engage our stakeholders with our actions, and believe that together we can, and will, make a difference.

With this report, we reconfirm our commitment to responsible business conduct promoted by the United Nations Global Compact and the UN Sustainable Development Goals.

Sveinn Sölvason

President and CEO

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SUSTAINABILITY REPORT 2022