Climate Change Data

Environmental Metrics

ESG Focus Areas

• Employee well-being
• Work ability
• Productivity

Social Achievements

• Decreased short-term illness absence by 3,860 days net in Botkyrka municipality compared to the previous year.
• Launched a unique work ability support service with Veritas Pension Insurance.
• High client satisfaction with a Net Promoter Score (NPS) of +50 and a client satisfaction rating of 4.6 out of 5.

Climate Goals & Targets

Environmental Challenges

• Need for additional capital.
• Risk of not securing future capital.
• Risk of losing key staff.
• Potential impact of the COVID-19 pandemic.

Mitigation Strategies

• Secured a government-guaranteed loan of 2 MSEK.
• Delayed payments of taxes, VAT, and payroll taxes.
• Recurring revenue model with most contracts having a minimum 6-month notice period.
• Continuous monitoring of the COVID-19 situation.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• HealthManager SaaS solution
• HealthDesk service
• Business Health Index and Audit analysis services

Environmental Metrics

ESG Focus Areas

• Employee well-being
• Employee Sustainability
• Productivity
• Reduced absenteeism

Environmental Achievements

• Reduced environmental impact through reduced travel and digital alternatives for customer meetings and remote work.

Social Achievements

• Increased employee well-being and productivity through the implementation of Aino's SaaS platform. Expanded partnerships with several organizations (DHL, leading manufacturing company, Finnish welfare areas, Kuopio City, Työplus Yhtiöt Oy, Kokkola City, and a global company) to improve employee well-being and reduce absenteeism.
• 60% growth in licenses.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Need for additional funding in Q2 2023.
• Market and technology development, including customer acceptance and market penetration.
• Risk of losing key personnel.

Mitigation Strategies

• Actively seeking the best financing solution for the company.

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

• HealthManager SaaS platform

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Employee well-being
• Sustainability

Social Achievements

• Expanded existing agreements with DHL Supply Chain Sweden and Centric to include their entire Swedish and Norwegian operations respectively, focusing on leadership development, reduced absenteeism, and increased employee well-being.
• Increased number of SaaS subscribers to 64,000 by the end of March.

Governance Achievements

• Completed a directed share issue of 15,384,616 shares to Norberg & Partner Sustainable Group AB to secure long-term financing.
• Secured a convertible loan agreement with Norberg & Partner Sustainable Group AB for 10 MSEK to ensure sufficient liquidity for 12 months.

Climate Goals & Targets

Environmental Challenges

• Potential need for additional capital in the future.
• Risk of not being able to secure additional capital, partnerships, or co-financing.
• Risk of losing key personnel.

Mitigation Strategies

• Directed share issue and convertible loan agreement to secure long-term financing and liquidity.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Human Capital Management
• Sustainability

Social Achievements

• Reached 100,000 users of its SaaS platform for strengthening sustainability and engagement within companies and organizations.

Governance Achievements

• Re-elected board members Jyrki Eklund, Tanja Ilic, Daniel Koob, Klas Bonde, Troy Suda and Roland Norberg. Klas Bonde was elected as chairman of the board.
• Amended the limits for share capital and the number of shares in the articles of association.

Climate Goals & Targets

Environmental Challenges

• Need for additional financing to continue growth strategy.
• Risk of not being able to secure additional capital, partnerships, or other co-financing.
• Risk of loss of key personnel.

Mitigation Strategies

• A rights issue of a maximum of 42,285,771 shares, aiming to raise approximately SEK 12.7 million before issue costs.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Sustainability
• Human Capital Management
• Employee Engagement

Social Achievements

• Reached a milestone of over 100,000 users of its SaaS platform, strengthening sustainability and engagement within companies and organizations.
• Participated in Almedalen Week with CSR Sweden, discussing employee management and its effects on company performance.

Governance Achievements

• Re-elected board members Jyrki Eklund, Tanja Ilic, Daniel Koob, Klas Bonde, Troy Suda, and Roland Norberg. Elected Klas Bonde as chairman of the board.
• Changed the limits for share capital and the number of shares in the articles of association.

Climate Goals & Targets

Environmental Challenges

• Need for additional financing to continue growth strategy.
• Risk of not acquiring further capital, entering partnerships, or finding co-financiers.
• Risk of loss of key staff.

Mitigation Strategies

• Decided on a Rights Issue to ensure working capital for the upcoming twelve-month period and partially replace existing long-term financing.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Aino Health may need to raise additional capital in the future. There is a risk that the company cannot raise additional capital, achieve partnerships or other co-financing. The loss of key personnel could have negative consequences.

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