Our commitment to integrity Global markets are essential to our success, and Nilfisk respects the diverse cultures, customs, and values of each individual society. At the same time, Nilfisk must comply with many global laws, and follow certain global standards of behavior expected of responsible companies. In order to accomplish this, Nilfisk must have one standard of business behavior applicable to every Nilfisk company. This Code of Conduct provides that behavioral standard, and its key message is simple: we will always act with integrity by being honest, fair, and accountable for our actions. This is what we expect of every Nilfisk colleague, and it reflects our expectations of business partners throughout the entire value chain. We recognize that in some places where we operate, laws against corruption or discrimination may be weak, or rarely enforced, and that standards of health, safety, and environmental protection may be rudimentary. Such concerns are irrelevant when it comes to implementing our Code of Conduct – we act with the same level of integrity, no matter where we operate. This Code sets the minimum requirements we expect all employees to follow, even if local laws set lower standards. Of course, Nilfisk complies with the many laws applicable to our activities, such as laws on anti-corruption and data privacy. But we have also chosen to adopt a growing number of commitments and standards of behavior exceeding legal requirements, such as: committing to create a diverse and inclusive workplace that ensures merit-based equal opportunities for employees; applying science-based actions to reduce our impact on our climate and the environment; and respecting human rights throughout the value chain. We also follow rigorous international standards to produce and supply safe, reliable, high-quality products. We want to be at the forefront, recognizing that today’s standards often become tomorrow’s laws. This Code of Conduct sets out Nilfisk’s key principles and objectives governing legal compliance, sustainability, information security, and certain regulatory matters, and provides guidance on how each of us must act. It makes clear that how Nilfisk obtains business is as important as actually obtaining business, and underscores that managers’, at all levels, must make integrity a key topic of their agendas. I want to make it clear that fostering integrity is equally important to me as is increasing revenue, launching innovative products, providing good customer service and sustainable solutions. We are all responsible for Nilfisk’s integrity. The Code of Conduct is also a message to Nilfisk’s customers, investors, and other key stakeholders, assuring them of our commitment to integrity : honesty, fairness and accountability. We know that our success depends on all our stakeholders’ continued confidence in Nilfisk. If you suspect that the Code of Conduct is not being followed, please report your concern immediately to your manager, HR partner, Corporate Affairs’ global compliance team, or me. If you feel uncomfortable reporting concerns internally, please use Nilfisk’s whistleblower system. You have my full support in raising any legitimate concern. Likewise, persons outside Nilfisk should also report such concerns to their contacts at Nilfisk or through the whistleblower system. All employees must use – and follow – the Nilfisk Code of Conduct in their daily work. I am confident that you will take responsibility for it, and discuss it with colleagues, and that managers will drive its integration into global operations. I am proud to lead a company that has adopted this Code of Conduct, and equally proud to work among colleagues who make the Code a part of their daily work. Torsten Tuerling – CEO Nilfisk Code of Conduct 2023 3
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