BE Semiconductor Industries N.V.

Besi has significantly increased its ESG activities and reporting since 2020 including the development of various short- and long-term targets through 2050. Since 2019, we have reduced Scope 1 & 2 emissions intensity by 65%, fuel consumption intensity by 46%, water usage intensity by 34% and absolute hazardous waste generation by 27%. We also increased our energy from renewable sources from 18% to 71%. We have also identified and commenced work on 85 initiatives associated with our ESG pillars (Environmental Impact, People Wellbeing and Responsible Business) many of which have lessened Besi’s ESG impact. In fact, we equaled or exceeded substantially all targets for 2022 set in 2019 and set new targets in 2022 for achievement in 2024 and 2030 using 2021 data as a baseline. In addition, in 2023 we set an objective of reaching net zero greenhouse gas emissions in our operations by 2030, incorporating Scope 1 & 2 emissions.

Our ESG ratings with the major publicly recognized agencies such as Sustainalytics, S&P Global, ISS ESG and MSCI improved significantly in 2023, further underscoring Besi’s progress towards best practice metrics. More specifically, we achieved a rating of “AA” in the updated 2023 MSCI ESG Ratings Assessment, up from “A” in 2022 and “BBB” in 2021. Further, in November 2023, Besi’s ESG Risk Rating declined to 14.4 as per Sustainalytics versus 17.8 in 2021 highlighting long-term trend improvement. We also were selected for inclusion as a component of the AEX ESG Index in 2022. Such index identifies the 25 companies within the combined AEX (large cap) and AMX (mid cap) indices demonstrating best in class ESG practices as per criteria assessed by Sustainalytics.

Environmental impact, 2023 progress vs 2021 baseline year:

• Renewable energy in Europe increased to 100% versus 92% in 2021.
• Renewable energy utilized globally increased to 71% in 2023 versus 20% in 2021
• Scope 1 & 2 emissions intensity of 8.9 tCO₂/€million revenue decreased versus 14.4 tCO2 /€million revenue in 2021 (38% reduction).
• Absolute Scope 1 & 2 emissions reduced from 10,812 tCO₂ in 2021 to 5,124 tCO₂ (53% reduction).
• Scope 3 emissions intensity rose from 15.9 tCO₂e/€million revenue in 2021 to 17.0 tCO₂e/€million revenue (+7%).
• Absolute Scope 3 emissions declined reduced from 11,942 tCO₂e in 2021 to 9,843 tCO₂e (8% reduction).
• Absolute hazardous waste decreased by 33%
• Absolute water withdrawal decreased by 3%.

People wellbeing, 2023 progress vs 2021 baseline year:

• Female managers as % of total managers decreased from 18% in 2021 to 17% in 2023.
• 17% female employees as % of total employees, similar to 2021.
• Local managers as % of total managers increased from 87% in 2021 to 88% in 2023
• Overall training hours per employee increased from 26 hours to 31 hours (+19%).