IN 5000356-423 Issue 1 06.11 Word

PRESS RELEASE

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1 (2)

Date

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13 October 2021

CU 21:048 E

Saab Joins Race to Zero to Reduce Greenhouse Gas Emissions

Saab joins the United Nations Climate Change (UNFCCC) Race to Zero campaign and commits to reduce greenhouse gas emissions by 50 per cent by 2030 and to net zero by 2050.

Saab develops and manufactures advanced defence systems to support countries fulfilling their mission and obligation to keep people and societies safe. As climate change is becoming an increasing security threat for people, nations and our future, it is vital to focus even more on integrating the climate targets into Saab's strategic work.

"We are taking on the challenge of joining the journey towards climate neutrality. This needs to be done in a way that also allows nations to maintain the technology and solutions they need to guarantee security for their citizens," says Saab's President and CEO Micael Johansson.

The commitment to Race to Zero is one step in Saab's work to tackle the broader sustainability, climate change and emission target challenges. As a part of this, Saab will find ways of adapting its entire operations, from premises to working methods and ultimately products and solutions to meet the future needs of a changing world. Saab will measure progress backed by the Science-Based Targets initiative (SBTi) method, which is developed to provide a clearly-defined path to reduce greenhouse gas emissions in line with the Paris Agreement.

For further information, please contact:

Saab Press Centre,

+46 (0)734 180 018, presscentre@saabgroup.com

www.saab.com

Twitter: @Saab

Facebook: @SAAB

LinkedIn: Saab

Instagram: Saab

Saab AB (publ)

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Registered office

VAT No

SE-581 88 Linköping

+46 (0)13 18 00 00

+46 (0)13 18 72 00

Linköping

SE556036079301

Sweden

Registered No

Internet address

556036-0793

www.saabgroup.com

PRESS RELEASE

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2 (2)

Saab serves the global market with world-leading products, services and solutions within military defence and civil security. Saab has operations and employees on all continents around the world. Through innovative, collaborative and pragmatic thinking, Saab develops, adopts and improves new technology to meet customers' changing needs.

IN 5000356-423 Issue 1 06.11 Word

Saab AB (publ)

Postal address

Telephone

Telefax

Registered office

VAT No

SE-581 88 Linköping

+46 (0)13 18 00 00

+46 (0)13 18 72 00

Linköping

SE556036079301

Sweden

Registered No

Internet address

556036-0793

www.saabgroup.com

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Saab AB published this content on 13 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2021 06:51:01 UTC.