Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Climate Change Mitigation

Environmental Achievements

• Developed Wyld Connect, a low-power satellite IoT terminal designed to reduce carbon emissions by enabling remote monitoring and data collection in various sectors.

Social Achievements

• Partnered with Bayer Crop Science to develop a bespoke satellite IoT terminal for beehive monitoring, aiming to improve pollination and increase crop yields.
• Joined the LoRa Alliance® to participate in industry standardization for IoT solutions.

Governance Achievements

• Secured trademarks for the Wyld brand and published a patent application for its core technology.
• Strengthened the board of directors with the addition of Henrik Hedelius.

Climate Goals & Targets

Environmental Challenges

• Need to accelerate commercialization of its satellite IoT solutions.
• Competition in the emerging satellite IoT market.

Mitigation Strategies

• Secured a SEK 12 million loan to accelerate recruitment of sales and development resources.
• Established partnerships and signed agreements with potential customers as launch partners.

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products and services for remote monitoring.

UN Sustainable Development Goals

• SDG 7 (Affordable and Clean Energy)
• SDG 9 (Industry, Innovation and Infrastructure)
• SDG 13 (Climate Action)
• SDG 15 (Life on Land)

Wyld Networks' satellite IoT solutions contribute to these goals by enabling efficient monitoring and management of resources, reducing environmental impact, and promoting sustainable practices in various sectors.

Sustainable Products & Innovation

• Wyld Connect
• Wyld Fusion

Environmental Metrics

ESG Focus Areas

• Sustainability

Social Achievements

• Established US operations in St. Louis, Missouri.

Climate Goals & Targets

Environmental Challenges

• Dependence on key individuals
• Risk of insufficient revenue to finance operations
• Risk of new technologies circumventing patents
• Currency risk (sales in USD, costs in GBP)

Mitigation Strategies

• Continuous assessment of risks and monitoring
• Seeking additional external financing if needed
• Protecting technology through patents
• Continuous budget and forecasting process for liquidity management

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Established US headquarters in Missouri.
• Implemented an employee share-option plan with 100% take-up.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Sustainability
• Climate Change
• Environmental Impact
• Water Conservation

Environmental Achievements

• Reduced CO2 emissions from staff travel through satellite IoT solutions (quantified impact not explicitly stated, but implied through reduced travel miles).

Social Achievements

• Expanded development team and sales teams; established a development presence in India.
• Partnerships with various companies across different sectors (Agriculture, Energy, Utilities) to deploy satellite IoT solutions.

Governance Achievements

• Registered patents in major jurisdictions including the USA.

Climate Goals & Targets

Environmental Challenges

• High other operating expenses year to date, mainly fees relating to warrants issued in the June quarter.
• Delay in receiving UK R&D Tax Credit.

Mitigation Strategies

• Tax advisors are in contact with UK tax authorities to ensure receipt of over SEK 4 million in the December quarter.
• Directed issue of new shares of SEK 7.3 million to meet demand from existing and new customers and strengthen the commercial and development teams.

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products and services through satellite IoT solutions.

UN Sustainable Development Goals

• Goal 2 (Zero Hunger)
• Goal 6 (Clean Water and Sanitation)
• Goal 7 (Affordable and Clean Energy)
• Goal 13 (Climate Action)
• Goal 15 (Life on Land)

Wyld's satellite IoT solutions contribute to these goals by enabling efficient monitoring and management of resources in remote areas, reducing travel, optimizing water and fertilizer usage, and improving renewable energy management.

Sustainable Products & Innovation

• Satellite IoT solutions for various sectors (Agriculture, Energy, Utilities)

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Impact
• Governance

Environmental Achievements

• Launched partnerships focused on sustainable fishing practices and environmental monitoring (water, soil, livestock, crops, and weather) using IoT sensors and satellite connectivity.
• Collaborated with ConocoPhillips on a pilot project to reduce manual monitoring and increase automation in well site monitoring, potentially reducing resource consumption.

Social Achievements

• Partnered with Pontos to deploy Wyld Connect to 25,000 fishing vessels in Latin America and the Caribbean, aiming to improve incomes and sustainability for local fisheries communities.
• Increased the average number of employees from 30 in 2022 to 35 in Q3 2023, transitioning from outside contractors to own personnel.

Governance Achievements

• Successfully raised MSEK 30 (Directed Issue – MSEK 15 and MSEK 15 loan) together with a series of TO4 and TO5 warrants to fund future operations.
• No related party transactions occurred during the period.

Climate Goals & Targets

Environmental Challenges

• Low sales in Q3 2023 due to shipment of parts for testing by customers ahead of production volumes, mostly shipped free of charge.
• Exceptionally high costs in Q3 2023 due to significant audit fees and high cash received from UK government for R&D.

Mitigation Strategies

• The company aims to have a very low level of outside contractors by the end of 2023.
• The capital raise and loan secured sufficient funding to move forward without further capital raises.

Supply Chain Management

Climate-Related Risks & Opportunities