2023-03-21 08:00:00 CET

2023-03-21 08:01:43 CET


REGULATED INFORMATION

English
Orthex Oyj - Annual Financial Report

Orthex Corporation: Annual and Sustainability Report 2022 published


Orthex Corporation, Stock exchange release, 21 March 2023 at 9.00 a.m. EET
Orthex Corporation's Annual and Sustainability Report 2022 has been published.
In addition to the annual review, the report includes the Board of Directors'
Report, Financial Statements, Corporate Governance Statement, and Remuneration
Report for the year 2022. The report also includes the company's Sustainability
Report.
As highlighted in the Sustainability Report, the company reached many
significant sustainability milestones during 2022. One major achievement was
that SBTi approved Orthex's near-term science-based emissions reduction target,
meaning that Orthex's climate targets are aligned with the target to keep global
warming below 1.5 degrees. At the beginning of the year, the company took an
important step when the company's Lohja factory was granted an ISCC PLUS
certification giving the company the opportunity to start business with mass
balanced renewable materials in selected product series. The company also
started two important raw material related projects together with partners, the
aim of which is to find break-through solutions which would enable the company
to further increase the use of sustainable raw materials in its products and
reduce its carbon footprint. All these actions are in line with the company's
ambition to reach carbon neutrality in production by 2030.
The Annual and Sustainability Report has also been published in accordance with
the European Single Electronic Format (ESEF) reporting requirements. The format
of the report is Extensible Hypertext Markup Language (XHTML). The main
statements in the consolidated financial statements and the notes thereto have
been labelled with XBRL tags. The ESEF financial statements of Orthex
Corporation are unassured.
The Annual and Sustainability Report 2022 is available on the corporate website
at https://investors.orthexgroup.com/. The report is published in pdf-format in
Finnish and English and attached to this release. The XHTML file is also
attached to this release.
Further enquiries:
Saara Mäkelä, CFO, Orthex Corporation
Tel. +358 (0)40 083 8782
saara.makela@orthexgroup.com
Hanna Kukkonen, CMO, Orthex Corporation
Tel. +358 (0)40 053 8886
hanna.kukkonen@orthexgroup.com
Distribution:
Nasdaq Helsinki Ltd
Main media
https:/investors.orthexgroup.com/


Orthex in brief
Orthex (ORTHEX, Nasdaq Helsinki, Finland) is a leading Nordic houseware company.
Orthex offers a broad assortment of practical and durable household products
with a mission to make consumers' everyday life easier. Orthex main consumer
brands are SmartStore™ in storage products, GastroMax™ in kitchenware and
Orthex™ in home and plant care categories. Orthex aims to be the industry
forerunner in sustainability and to become carbon neutral in its production by
2030. Read more www.orthexgroup.com.

Orthex's net sales in 2022 were 84.0 million euros. The company has customers in
more than 40 countries and local sales offices in the Nordics, Germany, France,
and the UK.

Follow Orthex on LinkedIn (https://www.linkedin.com/company/orthexgroup) |
Twitter (https://twitter.com/OrthexGroup) |
Facebook (https://www.facebook.com/Orthex-Group-933475916759915/?fref=ts)|
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