Letter From the Group CEO Go to contents 6 Building on the success and resilience of 2022, we have a number of important focuses in 2023 that will keep us growing sustainably. Yours faithfully, Aušra Vankevičiūtė CEO, Staticus Strategic cycle completion A 3 year strategic cycle will be completed at the end of 2023. Therefore, one of our main focuses for this year will be to ensure that we have delivered what we committed to 3 years ago. In terms of revenue, we are on track to achieve our goal of EUR100 million annual turnover in 2023. Our market penetration is also on track, and our focus in 2023 will be on maintaining the current number of markets we have, with some slight growth planned. For example, we will look to further expand in the UK market and plan to add to our team there, and we also hope to secure our first projects in the Benelux and Swiss markets. Naturally, our attention will then turn to the next strategic cycle, which runs from 2024- 2027. As usual, we are encouraging all Staticus employees to actively participate in the process of formulating our new strategy. We have already formed a strategic team of employees from different departments. This team was formed based on the insights they provided and their desire to contribute to the development of our strategy. We will once again be enlisting the help of the prestigious Swiss business school IMD with formulating our strategy. R&D 2023 is set to be another intensive and exciting year in terms of our R&D activities. We will continue with the development of our hybrid facade. This will include building a prototype and then demolishing part of a wall in our facility so we can install the prototype and test how the IoT sensors work in a real environment. We also expect to complete the construction of our testing rig in 2023. We also intend to expand the number of universities and research institutions we cooperate with. I believe that these activities, and our long term commitment to R&D, are boosting the innovation mindset within Staticus, providing a space similar to a playground where people can test, try and experiment. Sustainability, talent and transformation In terms of our sustainability activities, 2023 is all about implementation. We are now in the process of defining the KPIs for each of the focus areas in our Corporate Sustainability strategy, and we are working out how to measure these so we can provide full transparency and clarity on exactly how we are acting sustainably. Additionally, our Sustainability Lead, Anastasiya Popova, will continue her work on the CWCT sustainability workstreams committee for embodied carbon in facades. Our continued transformation into an Agile organisation will continue, with the ongoing reorganisation of our teams and working practices. In 2023, we will put in place clear descriptions of roles and responsibilities within this new framework. Finally, and very importantly, we will be developing and supporting the talents we already have at Staticus, and will continue to grow our team. After all, a company without great people is just a number. Key focuses for Staticus in 2023 A company without great people is just a number. “