Mr. Kevin Parkes reports

FINNING RELEASES 2025 SUSTAINABILITY REPORT

Finning International Inc. has released its 2025 sustainability report, highlighting continued progress in the company's sustainability performance and objectives.

"Two thousand twenty-five was a year of meaningful progress for our business, our people, and the communities and customers we serve. Across Finning, we continued to embed our purpose, positive impact, into how we operate, helping us drive product support, build full cycle resilience and create sustainable growth," said Kevin Parkes, Finning president and chief executive officer. "We made progress in reducing our GHG emissions, keeping our people safe, investing in the communities where we live and work and delivering solutions that help our customers advance their own sustainability goals."

Key highlights from the 2025 report include:

• A 32-per-cent reduction in the company's absolute scope 1 and scope 2 GHG (greenhouse gas) emissions from a 2017 baseline. Based on its current assumptions, Finning is on track to meet its 40-per-cent target reduction by the end of 2027;
• 30 per cent of graduates hired from the company's Semillero technician trainee program in Chile were women, supporting gender equity in the mining industry;
• $39.3-million in procurement from indigenous-owned businesses in Canada;
• Approximately 14,500 components remanufactured to like-new condition, reducing waste and resource use;
• 55 per cent of non-hazardous waste was diverted from the landfill;
• 154 non-profit community organizations supported.

The report also highlights the company's continued investment in safety, leadership development and operational efficiency. In 2025, Finning increased safety-related critical control verifications by 9 per cent compared with 2024 and saw steady growth in product support across the full asset life cycle, supported by increased business activity.

The company's sustainability report is supplemented by its 2025 joint modern slavery report and its sustainability policy. These documents can be found on Finning's website.

About Finning International Inc.

Finning International is the world's largest Caterpillar dealer. Headquartered in Surrey, B.C., Finning sells and rents Caterpillar equipment and provide parts, services and performance solutions in Western Canada, Chile, Argentina, Bolivia, the United Kingdom and Ireland. Since 1933, Finning has delivered unrivalled customer service and are committed to solving its customers' toughest challenges.

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