The IKEA Sustainability Report FY22 IKEA Global reduced 1.4 million tons of carbon emissions for the Earth last year Promoting the concept of Green and Healthy Home

HONG KONG SAR – Media OutReach – 19 April 2023 – IKEA has been committed to promoting global sustainability by incorporating various environmental protection features into our products’ functionality and manufacturing processes. In FY2022, IKEA globally reduced its carbon footprint by 5% compared to the previous year, and by a significant reduction of 12% compared to the FY2016 baseline which in other words, has approximately reduced 1.4 million tons of carbon emissions. This achievement is equivalent to planting 140 million trees on Earth. IKEA Global has also increased the use and coverage of renewable energy to 64%, creating a more environmentally friendly home-living for the public.^[1] To echo with Earth Day, we are pleased to release the IKEA Sustainability Report FY22 and announce our annual sustainability activities in Hong Kong, reaffirming IKEA’s commitment and strategies in achieving healthy and sustainable living, circular and climate positive, as well as fair and equal.