2023 Annual and sustainability report

Table of contents Hexagon in brief Sustainability report Business overview Core technologies Financial reports Strategic partnerships Hexagon platforms Consolidated and parent company accounts Customer highlights Letter from President and CEO Signing of the annual report Financial plan Auditor’s report Other targets Board of Directors’ report Corporate governance report Executive Leadership Managing risks Hexagon commitment to ethics and compliance Additional information ESG related notes Quarterly income statements Financial definitions Business definitions Currency codes Shareholder information...

In brief Financial plan Board of Directors’ report Corporate governance report Hexagon in brief At Hexagon, we don’t just see the world as it is; we envision what it could be. We are committed to integrating precision data and digital intelligence with human ingenuity to shape a more responsible future. Across more than 27 industries, we empower our customers, communities, and individuals to solve the world’s biggest challenges. To do this, we capture ultra-precise 3D data in the physical world – from particles to planets – then apply AI, simulation, and automation to increase efficiency, quality,...

In brief Financial plan Board of Directors’ report Corporate governance report Hexagon’s impact on the world construction sites types of mining equipment Protects over Sustainability report Additional information Hexagon Annual and Sustainability Report 2023 Featured partnerships agriculture vehicles Helped support the landing of the Curiosity Rover Financial reports From microns to kilometers, we make accurate information about any physical reality accessible at scale. Helped construct Burj Khalifa the world’s tallest building Driving efficiency in the processing of over 50% of oil, gas and...

In brief Financial plan Board of Directors’ report Business overview Corporate governance report Sustainability report Financial reports Additional information Autonomy & Positioning Safety, Infrastructure & Geospatial Hexagon Annual and Sustainability Report 2023 Geospatial Enterprise Solutions Geospatial Enterprise Solutions (GES) includes a world-leading portfolio of reality-capture sensors — from laser scanners, airborne cameras and unmanned aerial vehicles (UAV) to monitoring equipment, mobile mapping technologies and precise positioning. The sensors are complemented by software to create...

In brief Financial plan Board of Directors’ report Corporate governance report Core technologies Sustainability report Financial reports Additional information Hexagon Annual and Sustainability Report 2023 What matters most to compete in today’s world? Growth and profitability? Efficiency? Productivity? Quality? Safety? Digital transformation? What about sustainability? Thanks to advances in digital reality technologies, achieving these priorities equally is no longer insurmountable. Hexagon’s innovation strategy is built on its established leadership in each of the core technologies critical...

In brief Financial plan Board of Directors’ report Corporate governance report Sustainability report Financial reports Additional information Strategic partnerships Through partnerships, we offer our customers innovative solutions for scaling innovations while strategically expanding our technologies into new markets. Central to our partnership approach is the flow and accessibility of data. From software to software, from sensors to software, and from ecosystem to ecosystem, teaming up with leading global brands allows us to leverage Hexagon’s technologies across expanded markets and user groups....

In brief Financial plan Board of Directors’ report Corporate governance report Hexagon platforms OnCall Sustainability report Financial reports Additional information By focusing on platforms built from shared modules and microservices, we’re enhancing R&D efficiency and accelerating the journey from concept to reality. This approach to platform engineering allows us to quickly roll out new functionalities, delivering unparalleled value to our customers. Hexagon is redefining value in the digital age. Our platform strategy is the cornerstone, ensuring data flows seamlessly across software, sensors...

In brief Financial plan Board of Directors’ report Corporate governance report Sustainability report Financial reports Additional information Hexagon Annual and Sustainability Report 2023 Customer highlights Mortenson Hauk Customer background Major developer and engineering services provider in the commercial, institutional and energy sectors. Customer challenge One of its customers, the Citizen M hotel chain, wanted to influence major change in the hospitality industry by introducing prefabricated (modular) construction. During construction, Mortenson deployed Hexagon solutions (OxBlue,Multivista...

In brief Financial plan Board of Directors’ report Corporate governance report Sustainability report Financial reports Additional information Hexagon Annual and Sustainability Report 2023 CoRio Customer background Customer background One of the world’s largest globally diversified natural resource companies, headquartered in Switzerland and operating in 35+ countries. Glencore has more than 60 mining, metallurgical and oil production assets. Consolidating many different departments to more effectively control the city’s daily operations. Customer challenge Seeking to improve safety in their mining...

In brief Financial plan Board of Directors’ report Corporate governance report Sustainability report Financial reports Additional information Hexagon Annual and Sustainability Report 2023 Letter from President and CEO Shaping reality, responsibly It is traditional to begin a letter of this kind by reflecting on the difficulties presented by macroeconomic headwinds; to show how despite geopolitical and economic challenges, the company emerged stronger than the previous year. I want to begin a little differently. If we focus only on global pressures, we lose sight of companies and countries that...