Vossloh’s corporate vision is “sustainable, safe and user-friendly rail mobility for a better world”. In keeping with its guiding principle “enabling green mobility”, Vossloh is a driving force behind customer-focused, innovative and sustainable products and services for rail track. This aspiration is also reflected in Vossloh’s sustainability strategy. The company has been pursuing a revised, group-wide sustainability strategy since the 2021 financial year. Vossloh‘s sustainability commitment, with which the Executive Board underlined and reaffirmed Vossloh‘s motto and focus, was published on the company‘s website.

Sustainability commitment by the Executive Board of Vossloh AG

The Group’s Executive Board bears overall responsibility for all sustainability topics and ensures that Vossloh lives up to its ecological, economic and social responsibilities and makes a positive contribution to the environment and society. In operational management, sustainability is the responsibility of the Chief Operating Officer (COO). In addition, Vossloh AG has the Corporate Sustainability department. Created in 2020, the role of head of Corporate Sustainability, who reports directly to the Executive Board, is responsible for the development and implementation of the sustainability strategy as well as for the management of Group-wide sustainability initiatives. In addition, the Executive Board has established a Group Sustainability Committee to centrally manage all sustainability measures within the Group. The committee is run by the head of Corporate Sustainability. Its members include the division heads of key central offices at Vossloh AG as well as the managing directors and sustainability officers of the business units. In addition, each business unit has appointed a sustainability, health and safety officer.

Vossloh has organized its sustainability activities into the following areas of action since 2021:

• Sustainability strategy and management
• Environmental and climate protection
• Safe and sustainable mobility
• Occupational health and safety
• Personnel strategy and personnel management
• Good Corporate Citizenship
• Sustainable supply chains and operations
• Business ethics

The overarching area, “Sustainability strategy and management” provides the framework for the seven other areas of action as well as for the Group’s future orientation. The group-wide principles for all of Vossloh’s sustainability activities and initiatives are set out in the Sustainability Guideline adopted in 2021. The guideline defines in particular the areas of action, as well as organization, responsibility and processes. The orientation and focus of sustainability activities are adapted to changing conditions and requirements with the help of regular reviews by the Executive Board.

• More detailed information can be found here, from page 71 to 77 of our Annual Report 2024.

Various rating agencies have regularly assessed Vossloh’s sustainability performance for years. The company currently has a Prime status according to Institutional Shareholder Services (ISS) ESG, among others, which places the Vossloh Group in the top 10 % of its sector. Vossloh achieved Gold status with EcoVadis for the first time in 2024; according to the score received, Vossloh is among the top four percent of all companies rated by EcoVadis. MSCI ESG Research continued to rank Vossloh at the second-best AA rating level (on a scale from AAA to CCC) in the 2024 reporting year. In 2024, Vossloh received the National German Sustainability Award in the Mobility and Logistics category.