2026-06-02 KVG Due-diligence-report final

1. Introduction 1.1 Message from our President and CEO Arild Gjerde

Kverneland Group’s work on responsible business conduct is built on continuity, structured development, and transparency. The 2025 reporting year represents the next step in a multi- year journey to strengthen our environmental, social, and governance performance across our value chain and in relation to all key stakeholders: customers, distributors, suppliers, employees, authorities, and the communities in which we operate. Following the implementation of the Norwegian Transparency Act, our approach has evolved year by year. While the 2024 report focused on due diligence processes applied to a selected number of suppliers, the scope was expanded in 2025 to include all suppliers connected to our European factories. This reflects a deliberate progression in our due diligence maturity and our recognition that a responsible and resilient supply chain is essential to sustainable business development. As a fully owned subsidiary of Kubota Group, Kverneland Group is firmly anchored in Kubota’s brand statement, “For Earth, For Life,” and in Kubota’s long-term commitment to ESG principles and the United Nations’ Sustainable Development Goals. ESG is a strategic foundation for Kubota’s management and, consequently, for Kverneland Group, supporting our long-term growth under GMB2030 and aligning with our vision of intelligent and efficient farming systems for sustainable agriculture. Our work under the Transparency Act is closely aligned with the broader European regulatory landscape. Kverneland Group will continue to apply this framework together with other relevant EU regulations to strengthen supply-chain alignment with international ESG objectives. As part of Kubota Group, Kverneland Group will be included in Kubota’s CSRD reporting, first issued in 2028 for the reporting year 2027, ensuring consistency between group-level and entity-level reporting.

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In parallel, 2025 marked a key milestone in our regulatory preparedness, with dedicated focus on compliance with the EU Deforestation Regulation and CBAM. This work continues throughout 2026 with the objective of achieving full EUDR-compliance by year-end. On behalf of Kverneland Group, I thank our partners and stakeholders for their continued cooperation and trust. Through structured, year-by-year progress, we are strengthening a foundation for long-term value creation with positive impact on people, society, and the environment.

Yours sincerely, Arild Gjerde President & CEO, Kverneland Group

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