1General Disclosures

1.1Reporting Practices and Basis for Preparation

GRI 2-2: Entities included in the organization’s sustainability reporting
GRI 2-3: Reporting period, frequency and contact point
GRI 2-4: Restatements of information
GRI 2-5: External assurance

The Cicor Sustainability Report for the fiscal year 2025 (1 January 2025 to 31 December 2025) outlines non-financial information in compliance with Art. 964b of the Swiss Code of Obligations. Cicor has integrated essential aspects of the GRI Sustainability Reporting Standards and the Task Force on Climate-Related Disclosures (TCFD) into its reporting framework to ensure a unified approach towards transparent disclosure practices. Cicor publishes this report annually as part of its Annual Report. The Annual Report provides detailed information in various sections, including the Management Report, Sustainability Report, Corporate Governance Report, Remuneration Report, and Financial Report.

The previous report was published in March 2024 as a supplement to the Annual Report 2024. No restatements have been made for previously reported data. Unless specified otherwise, the statements and key figures in this report refer to the fiscal year 2025. To help readers identify and interpret trends relating to qualitative disclosures, this report includes data from at least the 2023, 2024, and 2025 fiscal years, where relevant. Unless stated otherwise, the Sustainability Report 2025 includes data from all Cicor Group companies as of January 2025. Data relevant to Cicor Angers SAS, Cicor Combrée SAS, Cicor Douarnenez SAS, Cicor Neuilly-en-Thelle SAS, Cicor Saint-Agrève SAS, Cicor Maroc, MADES S.A.U., Valtronic Technologies Morocco Sarl, Cicor Ohio, Solon Inc. and Swisstronics Contract Manufacturing AG Filiale Genève is not included in this Sustainability Report, as these companies became part of the Cicor Group after January 2025.

1.2Determining the Content of this Report

TCFD: Governance
TCFD: Strategy
TCFD: Risk Management
GRI 3-1: Process to determine material topics
GRI 3-2: List of material topics

Considering reporting under the ESRS standard in future, Cicor undertook a Double Materiality Assessment (DMA) in 2024. The DMA was reviewed and updated in 2025 based on new risk and opportunity considerations. By applying this dual perspective, Cicor ensures that stakeholder expectations relating to sustainability impacts, opportunities, and risks are addressed. The analysis serves as the foundation for strategic decision-making and the Company’s commitment to long-term value creation. The materiality scoring method and criteria focus on:

• Impact materiality: Considering the scale, scope, irremediability, and likelihood of impacts being positive/negative and actual/potential. Severity takes precedence over likelihood for potential negative human-related rights impacts.
• Financial materiality: Assessing financial significance of risks/opportunities by assessing their likelihood and the nature of financial impacts.

The legal definition of materiality was taken into account throughout the process. The results of this analysis and the material topics were confirmed by the Cicor Management Board in this reporting year. Cicor is committed to regularly revisiting the DMA in order to identify, assess, and prioritise impacts, risks and opportunities (IRO’s), while taking into account evolving trends, underlying assumptions, context, and regulatory changes. As part of the Cicor Risk Management System, the DMA was digitised further for the Sustainability Report 2025 to ensure efficiency and accuracy in future revisions. The 2025 report describes these topics in accordance with the GRI Sustainability Reporting Standards and the TCFD. KPMG has provided independent limited assurance on selected sustainability information. The assurance report is published at the end of this report and contains further information. Each indicator that was subject to limited assurance is marked with a blue checkmark.

1.3Double Materiality Analysis

GRI 3-2: List of material topics

1.4Report Structure

This report provides disclosures organised as follows:

1.5Stakeholder Engagement

GRI 2-29: Approach to stakeholder engagement
GRI 3-1: Process to determine material topics
GRI 3-2: List of material topics

As a key component of the Company’s DMA, Cicor implemented an internal stakeholder engagement process to identify employees with strong knowledge of the affected stakeholders. Users of sustainability statements were appointed to act as stakeholder representatives. Their role was to address stakeholders’ expectations on sustainability matters, as well as identifying and scoring impacts. For the revision of the DMA, the scope of stakeholder engagement has been extended and plays a vital role of the Cicor compliance structure, with named Sustainability Champions in each defined stakeholder section. These champions are led by group-wide leaders for each workstream, as detailed in the Compliance Organisation chart below. The leaders include the Group Compliance Officer, VP Sales, VP Human Resources, VP Strategic Sourcing, and VP IT.

Based on the DMA analysis and as part of the Cicor compliance initiatives, double materiality has been integrated into the Cicor compliance structure, as detailed below:

As part of the process, the analysis also considered whether any risks or opportunities could derive from financial effects of any identified impacts or dependencies. The stakeholder groups were defined in the following categories:

1.6Anchoring Sustainability Across the Corporate Governance Structure

TCFD: Governance
GRI 2-14: Role of the highest governance body in sustainability reporting
GRI 2-16: Communication of critical concerns
GRI 2-17: Collective knowledge of the highest governance body

Cicor aims to promote a strong framework on environmental, social, and governance topics. In collaboration with its business partners, the Company is committed in supporting a sustainable future. Sustainability is anchored across Cicor’s corporate governance structure and is cascaded throughout the organisation. Cicor Group Compliance monitors environmental, social, and governance topics closely, including regular risk assessments, establishment of internal controls and documentation of data.

Cicor prioritises sustainability at every level of the organisation. As part of the Cicor 2028 ‘Creating Together’ strategy, sustainability has become an even more integral focus for the Board of Directors. Progress towards sustainability goals is regularly reviewed by both the Board of Directors and senior management. Furthermore, Cicor’s due diligence for non-financial matters encompasses a broad spectrum of social and governance aspects. All of these are subject to approval by the Board of Directors.

The Board of Directors remains available to address stakeholder and shareholder concerns. Any issues raised during the Annual General Meeting are managed in accordance with the Articles of Association. In 2025, no significant concerns were brought directly to the attention of the Board of Directors outside of the Annual General Meeting. Further details on governance arrangements can be found in the Corporate Governance Report.

Sustainability reporting is subject to the risk of misstatement due to human error or incomplete data. To manage these risks, Cicor has implemented several processes. In 2024, the Company strengthened its reporting system and further improved its approaches, methodologies, and data points as part of the 2025 reporting process. Cicor views sustainability as an ongoing improvement journey. Reporting that is aligned across ESG topics enables Cicor to share accurate data on its emissions, social, and governance indicators. Measuring the impact on all aspects of ESG risks has become increasingly important and has been identified as a strategic differentiator for the future. ESG factors into compliance systems ensures the stability and efficient tracking of risks across all Cicor sites.

Each aspect of ESG reporting is closely monitored by Cicor Group Compliance. The following aspects are covered in each workstream:

Environmental

• Environmental Management System and aligned emission reporting compliant with the Cicor Environmental Reporting Guideline.
• Management of materials of concerns in its own operations and in the supply chain aligned with the Cicor Substances and Materials of Concerns Guideline.

Social

• Human Rights and child labour practices aligned with ILO (International Labour Organization) Standard practices for own workforce aligned with the Social Responsibility Guideline and reporting framework.
• Responsible supply chain approaches and processes including risk management for suppliers aligned with the Cicor Responsible Sourcing Guideline and Customer Due Diligence Guideline.

Governance

• Alignment with Cicor core values and standards aligned through the Employee Code of Conduct and the Business Partner Code of Conduct for internal and external stakeholders.
• Implementation of adequate risk management and business continuity planning and processes aligned with the Cicor Risk Management and Business continuity Guideline.

All Cicor sites undergo regular ESG scoring to identify any gaps or misalignments at an early stage. By evaluating an improvement pathway with each company, the Company can further strengthen the framework and ensure compliance with regulations and stakeholder needs. The ESG scorecard is integrated into Cicor’s Compliance Management System, enabling annual reviews at entity level aligned with Cicor’s key performance indicators.

The ESG Scorecard approach also supports the post-merger integration (PMI) journey for new companies joining the Cicor Group, providing a shared baseline framework to ensure the companies are aligned and integrated quickly and adequately within a 6-month timeline. It also helps companies adapt to sustainability reporting as part of their first full reporting year.