Gränges adopts UN Global Compact

Gränges is to adopt and implement the UN’s Global Compact sustainability
initiative. By adhering to the Global Compact, Gränges supports and commits
itself to operate in accordance with the ten principles of the initiative on
human rights, labour law, the environment and anti-corruption. The UN’s Global
Compact’s ten principles are based on the United Nations Universal Declaration
of Human Rights, the International Labor Organization’s Declaration on
Fundamental Principles and Rights at Work, the Rio Declaration on Environment
and Development, and the United Nations Convention against Corruption.

“We are proud to become members of the UN Global Compact. Sustainability is part
of Gränges’ business strategy, and this is a way for us to show that Gränges
takes sustainability issues seriously. We’re now taking the next step in our
work to develop long-term sustainable operations,” says Johan Menckel, Gränges
CEO.

Sustainability is an essential and fully integrated element of Gränges’ core
competences and operations. By continually making our production processes more
efficient, and with environmentally minded product development and concerted
work on safety, Gränges contributes to a sustainable society. Gränges will
publish a printed report (Communication on Progress) to the Global Compact
annually, where the company will outline the steps it has taken and where
progress has been made in the areas of human rights, labour law, environment,
and anti-corruption.

More than 9,000 companies in more than 160 countries have joined the Global
Compact. For more information about the initiative, visit: unglobalcompact.org/

För further information, please contact:

Pernilla Grennfelt, Director Communications and IR of Gränges
pernilla.grennfelt@granges.com, tel: +46 702 90 99 55

About Gränges

Gränges is a leading global supplier of rolled aluminium products for heat
exchanger applications and other niche markets. In materials for brazed heat
exchangers Gränges is the global leader with a market share of approximately
20%. The company develops, produces and markets advanced materials that enhance
efficiency in the customer manufacturing process and the performance of the
final products; brazed heat exchangers. The company’s geographical markets are
Europe, Asia and the Americas. Its production facilities are located in Sweden,
China and the United States, and have a combined annual capacity of 400,000
metric tonnes. Gränges has some 1,500 employees and net sales of more than SEK
10 billion. The share is listed on Nasdaq Stockholm. More information on Gränges
is available at granges.com.