Frequentis AG: FREQUENTIS is pushing forward the careful use of resources and the reduction of energy consumption

Vienna, Austria (pta024/22.06.2023/14:04 UTC+2)

FREQUENTIS is pushing forward the careful use of resources and the reduction of energy consumption at various levels

Frequentis, which is listed on the Vienna and Frankfurt stock exchanges, has set out details of the ecological targets for its ESG (environment / social / governance) strategy with precisely defined time frames.

• Climate-neutral by 2040
• 20% reduction in electricity consumption by 2030
• 20% reduction in water consumption by 2030

As part of its sustainability strategy, Frequentis is committed to the goal of driving forward environmental protection along the entire value chain. The company constantly strives to sustainably reduce resource consumption and the use of hazardous raw materials in production. Over the years, it has stepped up its efforts to examine the recyclability of production materials. In the use of energy, Frequentis has made considerable progress in continuously reducing electricity consumption, for example, through freecooling, substitute water pumps, and solar installations.

"We use a wide range of measures to support the long-term strategic vision of a climate-neutral economy. An implementation plan helps us check that planned energy management activities are implemented coherently. In our Non-Financial Report, we outline the progress made in each calendar year," says Peter Skerlan, CFO of Frequentis, who is also the Executive Board member responsible for planning and implementing ESG measures.

The latest rating of Frequentis' sustainability performance by the internationally recognised rating agency EcoVadis is evidence that it is moving in the right direction. Having been awarded bronze in 2021, Frequentis is pleased to report that it was awarded the silver medal in 2022. That positions it among the top 25% of the companies rated.

A powerful ESG organisation brings together established concepts, develops new ones, and drives forward the rollout. In this context, Frequentis has set out a concrete timetable to achieve three targets within specific time frames.

Frequentis Group to be climate-neutral by 2040. Energy consumption is to be reduced steadily in many areas. The focus here includes electricity consumption, savings in transport and on business travel, and waste management. All three emissions scopes are being addressed. For Scope 1, the consumption of electricity and natural gas attributable to all operating activities, the company is currently developing a concept to enhance its ability to analyse building services. For Scope 2 (emissions attributable to the generation of purchased energy), Frequentis is focusing on renewable energies. For Scope 3, i.e., emissions that are caused by the company's operations but that are beyond its direct control, Frequentis is focusing on sustainability in its supply chains and on reducing emissions on business trips.

20% reduction in electricity consumption by 2030. Frequentis is continuously refining its energy management system in order to achieve this target (reference base: 2019). An energy efficiency project at the company's headquarters in Vienna is examining how to enhance its ability to analyse building services. Depending on the results of this project, Frequentis aims to achieve ISO 50001 validation by 2025.

20% reduction in water consumption by 2030. To achieve this target (reference base: 2019), water is no longer used in production processes in the Frequentis Group, but only in irrigation and air humidification as well as in sanitary facilities and kitchens. As a further step, the company is examining the use of rainwater.

In all, Frequentis considers that the various approaches put it on track to achieve its long-term environmental targets, which relate to CO2 emissions, water, energy, waste, and the supply chain.

About Frequentis

Frequentis is a global supplier of communication and information systems for control centres with safety-critical tasks. The listed family company develops and markets its "control centre solutions" in the Air Traffic Management segment (civil and military air traffic control, air defence) and the Public Safety & Transport segment (police, fire brigades, emergency rescue services, railways, coastguards, port authorities). With a market share of 30%, Frequentis is the world market leader in voice communication systems for air traffic control. Frequentis is also the global leader in aeronautical information management and aeronautical message handling systems.

As a global player with around 2,100 employees (full-time equivalents/FTE), Frequentis has a global network of companies and representatives in more than 50 countries. Its head office is in Vienna, Austria. Frequentis' products, services, and solutions are used at more than 45,000 operator working positions in around 150 countries. Shares in Frequentis are traded on the Vienna and Frankfurt stock exchanges; ISIN: ATFREQUENT09, WKN: A2PHG5. In 2022, revenues were EUR 386.0 million and EBIT was EUR 25.0 million.

Wherever Frequentis' systems are used, safety-critical operators bear responsibility for the safety of other people and goods. The company also works towards a more sustainable future through its air traffic optimisation solutions.

For more information, please visit www.frequentis.com

Jennifer McLellan, Global Media Relations Manager
jennifer.mclellan@frequentis.com, +44 2030 050 188

Barbara Fürchtegott, Head of Communications/Company Spokesperson
barbara.fuerchtegott@frequentis.com, +43 1 81150-4631

Stefan Marin, Head of Investor Relations
stefan.marin@frequentis.com, +43 1 81150-1074

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Emitter:	Frequentis AG Innovationsstraße 1 1100 Wien Austria
Contact Person:	Stefan Marin
Phone:	+431811501074
E-Mail:	stefan.marin@frequentis.com
Website:	www.frequentis.com
ISIN(s):	ATFREQUENT09 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)
Other Stock Exchanges:	Regulierter Markt in Frankfurt