Oslo, Norway - June 26, 2025 - Smartoptics, a leading provider of optical
networking solutions, today released its 2024 Sustainability Report, showcasing
major progress across environmental, social, and governance (ESG) dimensions,
culminating in the prestigious EcoVadis Gold certification, placing Smartoptics
in the top 5% of evaluated companies worldwide.

"Sustainability is not just an ambition - it's a practical approach to building
a more efficient, responsible, and resilient business," said Magnus Grenfeldt,
CEO of Smartoptics. "By integrating sustainable practices into our operations
and engaging our partners and suppliers, we contribute to long-term value
creation while reducing our environmental footprint."

Smartoptics' sustainability strategy is grounded in the principles of double
materiality, aligning with the European Sustainability Reporting Standards
(ESRS), the Corporate Sustainability Reporting Directive (CSRD), and the
Norwegian Transparency Act. The company's 5-year roadmap (2023-2027) sets
measurable goals across emissions, resource use, employee engagement, and supply
chain accountability.

Key Environmental Achievements

  · Significant reduction in Scope 2 emissions by transitioning facilities in
Oslo and Stockholm to 100% renewable energy.
  · Waste recycling tripled, with 48% of total waste recycled in 2024 compared
to 32% in 2023.
  · Preformed biodiversity and water risk assessment.
  · Continued compliance with RoHS, REACH, the WEEE Directive and Grønt Punkt.

Strong Social Performance

  · Smartoptics reported an NPS of 86, reflecting high customer satisfaction and
trust.
  · Certified as a Great Place to Work with a Trust Index of 87.
  · Maintained zero lost-time injuries and no discrimination incidents in 2024.
  · Adoption of a comprehensive grievance mechanism and enhanced DEI (Diversity,
Equity & Inclusion) efforts.

Governance and Ethical Standards

  · Strengthened governance with ISO 9001, ISO 14001, and ISO 45001
certifications.
  · Full compliance with GDPR, global sanctions regimes, and the Conflict
Minerals Act.
  · Proactive supply chain due diligence, including annual CSR audits and on
-site supplier visits.
  · Customer-Centric Sustainability

For more information please contact:
Magnus Grenfeldt
CEO
Smartoptics
+46 73-366 88 77
E-mail: magnus.grenfeldt@smartoptics.com

About Smartoptics
Smartoptics provides innovative optical networking solutions and devices for the
new era of open networking. Our customer base includes thousands of enterprises,
governments, cloud providers, Internet exchanges as well as cable and telecom
operators. We have an open networking approach in everything we do which allows
our customers to break unwanted vendor lock-in, remain flexible and minimize
costs. Our solutions are used in metro and regional network applications that
increasingly rely on data center services and specifications. Smartoptics is a
Scandinavian company founded in 2006. We partner with leading technology and
network solution providers such as Brocade, Cisco and Dell and have a global
reach through more than 100 business partners.
For additional information about Smartoptics, please visit
smartoptics.com (https://www.smartoptics.com/)