Performing and transforming with care

by Franck Houdebert

Chief Human Resources Officer and Sustainability Sponsor

Better buildings. Better tomorrows. These four words express Hager’s brand concept and set the direction of this report. Safe, sustainable, and intelligent electrification of buildings is our business. The strategy we execute, the solutions we bring to market, and the brand we have reaffirmed are grounded in one conviction: the energy transition creates opportunity, and capturing it is the most durable path to growth.

Better buildings is a promise about impact. Buildings that are electrified, automated, and connected to renewable energy reduce carbon emissions, lower energy costs, and make communities more resilient. Delivering that promise responsibly means managing what goes into the buildings we help create: the substances in our materials, the emissions from our manufacturing sites, the resilience of our supply chain. Better tomorrow begins in how we design, source, and manufacture today.

Care fuels our human energy and collective momentum to move and succeed together.

Franck Houdebert

Chief Human Resources Officer and Sustainability Sponsor

Better buildings ultimately start with people. Across every role and country, our ability to deliver depends on competent and motivated people operating in a safe and fair environment. Health and safety, open dialogue and feedback, lifelong learning, engagement, and fair treatment are some key conditions that foster a strong collective dynamic to sustainably perform in our business. When a manufacturing team works safely, when an engineer develops new technical expertise, when a manager leads inclusively, initiatives and creativity become natural and contribute to create better solutions and stronger outcomes. This is part of caring. Care fuels our human energy and collective momentum to move and succeed together. It is how Hager behaves and acts. Together, we grow.

This report tracks progress, combining the sustainability statements that meet our regulatory and disclosure obligations with the business cases that show what those commitments look like in practice. Solar generation powering our production in Pune. Electric trucks reshaping internal delivery flows. Lower-impact materials entering our supply chain. Early-careers investment building the capabilities we will need as we move towards 2030. These are evidence that sustainability and business performance reinforce each other when the strategy is coherent, and that better buildings and better tomorrows are the same goal.

We go beyond what is required of us because credible transformation does not stop at our own walls. Our partners, suppliers, installers, and customers are part of what we are building. The standards we set for ourselves, we extend through collaboration, transparency, and long-term relationships that create shared value.

In some areas, we are progressing faster than the targets we set. In others, we are building the foundations that will support long term impact. We report on both with the same level of transparency because responsible reporting requires openness, and because the people who read these pages expect clarity and trust.

Better buildings today. Better tomorrows for everyone who lives and works in them.

Reading Guide:

This report is structured around three commitments: Perform, Transform, Care. It opens with who we are and what we are building towards. It presents what we achieved in 2025 – honestly, including where we fell short. It then sets out sustainability statements organised in line with ESRS requirements, with detailed disclosures, methodology, and governance following an ESG structure. Business cases are woven in throughout: they are not illustrations. They are how commitments become tangible.

Hager Annual & Sustainability Report 2025/26 – undefined Letter of the Chairman – undefined Letter from the Chief Executive Officer – undefined Introduction – undefined Our brand promise – undefined The Return to Blue – undefined Operational Excellence – undefined Introduction – undefined The switch to circular – undefined Powering performance, locally – undefined From Charging to Participating – undefined Hager at a Glance – undefined Introduction – undefined Navigating change, building momentum – undefined Tomorrow Won't Wait – undefined Sustainability Report – undefined Introduction: advancing sustainable growth and stakeholder value – undefined Performing and transforming with care – undefined General Disclosures – undefined Materiality Assessment – undefined E3: An integrated sustainability framework – undefined Environment: protecting the climate and natural resources – undefined Better buildings. Better tomorrows: electrifying the transition ahead – undefined Climate change and energy – undefined The roof that pays for itself – undefined Beyond the last mile: the routes to zero – undefined When buildings learn to think – undefined Managing substances of concern in our products – undefined Our focus on resource use and circularity – undefined Managing additional environmental topics – undefined Social: fostering wellbeing and strengthening communities – undefined Care is the Hager way: why people matter to better buildings – undefined Our people and culture – undefined The talent equation – undefined Product safety for consumers and end users – undefined Growing skills, growing business – undefined Governance: building trust through integrity and responsibility – undefined Ethics: acting with integrity – undefined From fishing nets to circuit breakers – undefined Content Index – undefined Contact / Imprint – undefined