Alrik Danielson, CEO SKF, SDSN Northern Europe, 26Th February 2016

Sustainable value creation in practice Alrik Danielson, CEO SKF, SDSN Northern Europe, 26th February 2016 © SKF Group Sustainable development goals • SKF welcomes this initiative. • SKF has been acting on many of the issues for many years. • SKF Care • SKF Code of Conduct • SKF Responsible Sourcing Programme • Practical examples of how we do that focusing on sustainable customer solutions and manufacturing efficiency. © SKF Group Slide 2 2016-03-07 © SKF Group SKF BeyondZero Examples • Increasing the positives – customer solutions • Reducing the negatives – manufacturing efficiency + Environmental impact 0 Increase customer solutions enabling – – better environmental performance. Reduce the negative environmental impact from our operations. • Raw material and components • SKF’s own operations • Transport and distribution © SKF Group Sustainable customer solutions: Automotive weight and friction reduction Low weight hub bearing units • Use of low weight material in non-critical parts can reduce component weight by 30% Optimized flange design • Changed design reduces the component weight by 10% – used by e.g. BMW Wheel hubs made from aluminum • The system weight is reduced by 30% Low friction hub bearing units • Optimized ball set geometry and a high-performance grease reduces friction by 20% © SKF Group Slide 4 2016-03-07 © SKF Group Sustainable customer solutions: SKF technologies for emerging tidal power Tidal power Main shaft unit… • Emerging technology • Harsh operating environments • SKF solutions improve reliability, availability and maintainability • Cooperation between industry, academia and policy makers is vital for commercialization …for tidal stream turbines © SKF Group Slide 5 2016-03-07 © SKF Group Sustainable manufacturing solutions: Energy and CO2 reductions 2500 700000 Energy use, GWh CO2 emissions, tonnes 600000 2000 500000 1500 400000 300000 1000 200000 500 100000 0 0 06 07 08 09 10 11 12 13 14 06 07 08 09 10 11 12 13 14 Energy use by net sales CO2 emissions by net sales • Reduce production machine energy demand • Increase system efficiencies (compressors, pumps etc.) • Consistent focus and follow up (ISO 50001) Scope to do more; • Scale up the deployment of available technology (incentives, structure) • Innovation to deliver the next energy efficient technologies © SKF Group Slide 6 2016-03-07 © SKF Group Sustainable manufacturing solutions: Improved efficiency via 5G Gothenburg 5G enabled manufacturing project • Collaborative project between Vinnova, SKF, Ericsson and Chalmers • Dramatic improvement in environmental & economic efficiency, flexibility and traceability • Helps SKF to achieve World Class Manufacturing • Supports the development and further deployment of this technology in Sweden and beyond © SKF Group Slide 7 2016-03-07 © SKF Group Sustainable manufacturing solutions: Lower carbon energy supply SKF Pune, India © SKF Group Slide 8 2016-03-07 © SKF Group Sustainable manufacturing solutions: Lower carbon energy supply • 1 MW installed capacity, 1,200 Tonnes of CO2 avoided per year • Low and stable energy cost • Zero investment from SKF Made possible because of partnership • SKF willing to commit to a power purchase agreement, project finance from third party, conducive market conditions © SKF Group Slide 9 2016-03-07 © SKF Group Conclusion – what sustainability means to us • Sustainability is integrated into our business thinking • Sustainability contributes to improved profitability and long term cash flow • For some issues, partnerships are vital to make development and deployment happen © SKF Group Slide 10 2016-03-07 © SKF Group .

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