14 Towards a sustainable GRI indexprofitability

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New Wave Group shall work to ensure that we , our suppliers and partners respect human rights and international conventions for good labor conditions . This means actively setting requirements and supporting suppliers as well as ensuring that resources are deployed where they are needed to comply with the New Wave Group Code of Conduct . Here we will tell you more about our work to improve working conditions in the global supply chain .

OUR PRODUCTION COUNTRIES Most of our products are produced by external suppliers , mainly located in Asia . We are aware of the responsibility that comes with sourcing goods in countries which have not come as far as Sweden when it comes to working conditions and environmental issues . Many challenges in developing countries can be related to poverty and lack of welfare systems . We always aim to have an open dialogue with our suppliers to discover potential issues in time . Having good suppliers is key for our business and we depend on their business operations as much as they depend

DISTRIBUTION PER PURCHASE OFFICE Based on purchasing volume , previous year in parentheses . on ours . Hence , we care about the situation on the factory floor and that the suppliers are treating their workers with respect and according to law .

In 2019 , New Wave Group had production in 33 countries . The majority of the factories are located in China . 91 % are located in risk countries according to amfori BSCI ’ s definition : Bangladesh , Bulgaria , China , Ethiopia , The Philippines , Honduras , India , Indonesia , Macedonia , Myanmar , Pakistan , Romania , Taiwan , Thailand , Turkey and Vietnam .

LOCAL PRESENCE Our own four purchasing offices in China , India , Vietnam and Bangladesh are an important part of our social and environmental responsibility in the supply chain . Local presence makes it easier to visit , support and train our suppliers in sustainability questions . The biggest strength of New Wave Group is that we have our own CSR staff on site working full time with these tasks . Based on purchasing volume , approximately 80 % of the Group ’ s purchases in risk countries are made through the buying offices .

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PURCHASING OFFICES 1 . China 65 % ( 67 %) 2 . Bangladesh 19 % ( 19 %) 3 . Vietnam 11 % ( 11 %) 4 . India 5 % ( 3 %)

NEW WAVE GROUP ’ S PRODUCTION COUNTRIES Based on number of factories . Previous year in parentheses .

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PRODUCTION COUNTRIES 1 . China 71 % ( 72 %) 2 . Bangladesh 4 % ( 3 %) 3 . Vietnam 3 % ( 3 %) 4 . India 3 % ( 3 %)

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5 . Pakistan 3 % ( 2 %) 6 . Turkey 3 % ( 2 %) 7 . Portugal 2 % ( 2 %) 8 . Myanmar 1 % ( 1 %) 9 . Poland 1 % ( 1 %) 10 . Taiwan 1 % ( 2 %) 11 . Germany 1 % ( 0 %) 12 . The Netherlands 1 % ( 0 %)

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13 . Other 6 % ( 6 %)