Sustainability creates value

STRATEGICALLY WORKING WITH SUSTAINABILITY IS CRUCIAL to Elekta’s ability to improve, prolong and save lives. To maximize the efficiency and value creation of our sustainability efforts, our initiatives and resources are concentrated to the areas where they make the most difference. In recent years, Elekta has been dedicated to further strengthening the Company’s internal control and compliance processes, and working actively to combat corruption.

Elekta’s mission is to improve, prolong and save lives, and all devices and software are developed with the aim of ensuring that patients receive the best treatment possible. Achieving this goal starts with corporate responsibility and sustainability. Elekta also aims to maintain a transparent and continuous dialog with all of the Company’s stakeholders on issues related to corporate responsibility.

Safe and cost-effective cancer care

Elekta develops safe and effective solutions for improving cancer care. Product safety is a top priority and permeates our entire operations. The goal is to meet the highestpossible safety standards for all products, for customers and patients, as well as for the Company’s own installation and service employees. Elekta’s products are developed, manufactured, marketed, sold and serviced in accordance with quality-controlled processes.

As a medical device manufacturer, Elekta must comply with strict and comprehensive international legal requirements and product- safety standards. These are set out in the regulations of ISO 9001 (quality management systems) and ISO 13485 (design and manufacture of medical devices), and in specific standards for medical devices. Quality management systems are reviewed by both internal and third-party auditors, and certified by external regulatory bodies and authorities that conduct regular inspections.

Elekta contributes to gentler and more effective treatment options for patients, which may also reduce the need for hospitalization and thereby lower costs for health care.

Responsible for high standards of business conduct and combatting corruption

Elekta’s Code of Conduct is the cornerstone of the Company’s culture and the most important policy document for relationships with employees and business partners. The Code of Conduct links ethical values with the Company’s mission to save lives by creating safe and effective cancer care. The Code of Conduct contains the basic principles that all of Elekta’s employees and business partners are expected to follow.

The Code of Conduct adheres to international principles, such as the Universal Declaration of Human Rights, the UN Global Compact, the OECD Guidelines for Multinational Enterprises and the ILO Tripartite Declaration of Principles Concerning Multinational Enterprises and Social Policy.

Elekta’s Group-wide Anti-Corruption Policy sets out the rules of conduct that apply to specific areas of risk. An anti-corruption web-based training program has been mandatory for all employees for several years.

An improved Code of Conduct and Anti- Corruption Policy were adopted during the year, and Elekta’s anti-corruption training was intensified for particularly vulnerable employee categories, such as sales and marketing personnel. Each training session is customized to allow maximum adaptation to each high-risk area based on risk analyses. Our training programs also include decision psychology, in which we highlight situations that affect people’s moral judgments and ethical decisions.

In addition, an automated process was introduced to ensure effective and riskbased due diligence on business partners, distributors and agents. To maximize business value, the commercial evaluation is also included in this process.

A new and global whistleblower tool was launched during the year to ensure that employees can report suspected violations safely and effectively, and anonymously if they wish.

Elekta’s Compliance Function focuses on such issues as anti-corruption. The Compliance Function is autonomous and reports directly to the Audit Committee and the Board to ensure appropriate investigation of any situations that may arise.

Minimize environmental impact

Elekta strives to be an environmentally sustainable organization that continuously reduces the environmental impact of its activities and products. Elekta’s environmental policy includes minimizing resource consumption during production, reducing emissions to air and water and avoiding the use of environmentally hazardous materials. Elekta’s products also support customers in their efforts to meet environmental targets.

Elekta’s greatest environmental impact arises from electricity use in production processes and from the heating of premises, as well as transportation and business travel.

Elekta strives to continuously reduce carbon- related greenhouse gas emissions, and publishes detailed information about the Company’s climate impact and CO emissions within the framework of the Carbon Disclosure Project (CDP).

In the 2014 Climate Change Report, Elekta received a score of A93 points (85). The “A” designates that Elekta achieved the CDP’s highest score for performance in the area, and 93 is the reporting score. The CDP’s definition of a high score is 70, and the maximum score is 100. For more detailed information, visit www.cdproject.net.

Support development of cancer care in growth regions

Elekta is working to improve access to cancer care in countries and regions with lower income levels by, for example, adapting systems to suit clinics in less developed markets, and by offering financing solutions and training. Elekta aims to build capacity for radiation therapy in a number of African countries, and is investing in several training centers to meet the need for education.

Elekta has also partnered with a number of organizations with the aim of strengthening cancer care in growth regions.

Sustainability across the entire value chain

1. Product development

EcoDesign is a key component of product development. It ensures that environmental aspects, such as energy consumption and choice of materials, are accounted for in the development process. EcoDesign is based on a life-cycle perspective and aims to restrict the use of harmful substances, and to minimize energy and resource utilization from production through to use. EcoDesign also includes encouraging and facilitating product upgrades and recycling. The need for hospitals and clinics to reduce their energy consumption, and thus their costs, means that energy-efficient products are an important part of Elekta’s customer offering. Assessment of product risks and safety aspects is an integral and essential part of the product development process. The assessment covers all phases of the product’s lifecycle, including installation, management and application.

2. Suppliers

Elekta has a global base of more than 600 active suppliers to the Group’s manufacturing processes. Suppliers in Asia account for about 35 percent of the delivery value, and suppliers in Europe and North America for the remaining 65 percent. Elekta’s supplier relationships are characterized by good business practices and high ethical standards. Elekta’s Code of Conduct and anti-corruption policy are included in all standard contracts with suppliers. Elekta continuously monitors the Company’s suppliers in terms of quality systems and delivery performance, but also in relation to occupational health and safety and environmental considerations. The performance of suppliers is monitored at least every second year. Should the supplier not satisfy requirements, Elekta initiates dialog to achieve improvements.

3. Manufacturing

Elekta has several production units in the US, China and Europe. The main activities of these units are assembly, testing and quality assurance, which means that their environmental impact is limited. All major production facilities are certified according to ISO 14001 (Environmental Management Systems). To achieve Elekta’s target for reduced greenhouse gas emissions, SF6 gas must be recovered from production processes. SF6 is one of the most potent greenhouse gases, and a necessary component for generating radiation inside a linear accelerator. Elekta works to secure a healthy and safe working environment in plants and offices.

4. Transportation

Transport and business travel account for a significant portion of Elekta’s environmental impact. A Group-wide logistics platform, Logistics Control Tower, is used to reduce the amount of transportation, control the freight distribution between various transport modes, reduce packaging sizes and streamline the delivery of spare parts. Elekta IntelliMax, which is included in the Remote Services package, makes it possible to diagnose and resolve system issues, as well as update software, remotely. This reduces the need for on-site service operations and means less travel for service technicians, which subsequently reduces emissions. The Group has a web conferencing system that is widely used and reduces the need for business travel.

5. Usage

Safety is the highest priority throughout the entire value chain, and in-depth training in the product’s functionality and use is conducted in connection with delivery. The software includes safety messages and verifications to support the user. Special procedures have been established for corrective and preventive action, and for rectifying products in the market. Elekta’s products help customer clinics meet their own environmental targets, as well as their requirements for cost-effective treatments. One such example is Elekta’s linear accelerators, which use about 30 percent less energy than comparable devices in the market.

 Contact Investor Relations

Johan Andersson

Director and Head
of Investor Relations

   +46 8 587 254 15

   johan.andersson@elekta.com

Tobias Bülow

Director Financial
Communications

   +46 8 587 257 34

   tobias.bulow@elekta.com

Frida Johansson

Investor Relations

   +46 70 866 76 74

   frida.johansson@elekta.com