HIGHLIGHTING TTI’S DEDICATION TO SUSTAINABLE PRODUCTS AND OPERATIONS

FORT LAUDERDALE, Fla., Dec. 23, 2024 — Techtronic Industries Co. Ltd. (“TTI”), a global leader in cordless power tools, outdoor power equipment, and floorcare, announced its participation in the United Nations Global Compact. This action underscores the company’s commitment to sustainability and corporate social responsibility. With over 25,000 participants across more than 160 nations, the UN Global Compact represents the world’s largest voluntary corporate sustainability initiative. TTI’s involvement includes annual reporting of its progress to stakeholders via its ESG Report and the UN Global Compact website.

TTI CEO Steve Richman stated: “As a pioneer of lithium-ion battery-powered, energy-efficient power tools and outdoor power equipment, TTI has always prioritized sustainable products and business practices. We initiated ESG reporting in 2015 and aligned our objectives with the UN Sustainable Development Goals in 2018. We’ve made consistent progress in areas like safety, noise reduction, supply chain transparency, emissions reduction, and governance. Joining the UN Global Compact formalizes our sustainability strategy, aligning it with the principles of human rights, labor standards, environmental protection, and anti-corruption.”

TTI’s ongoing sustainability initiatives focus on strengthening support for the UN Sustainable Development Goals (SDGs) and cultivating an inclusive, equitable workplace. The company is dedicated to its sustainability journey, establishing measurable targets, and consistently tracking its progress.

Learn more about TTI’s sustainability efforts in our latest ESG publications. Our 2024 ESG report will be released in March 2025.

About TTI

Established in 1985 by German entrepreneur Horst Julius Pudwill, Techtronic Industries Company Limited (“TTI”) is a global leader in cordless technology. A pioneer in power tools, outdoor power equipment, floorcare, and cleaning products, TTI serves professionals, industries, DIY enthusiasts, and consumers worldwide. With over 50,000 global employees, the company’s dedication to innovation and strategic growth has solidified its leading market position.

MILWAUKEE leads TTI’s professional tool offerings. With global R&D headquartered in Brookfield, Wisconsin, the renowned MILWAUKEE brand is recognized for driving innovation, safety, and jobsite efficiency globally. The RYOBI brand, based in Greenville, South Carolina, remains a top choice for DIYers, setting the standard in DIY tool innovation. TTI’s diverse brand portfolio also includes trusted brands like AEG, EMPIRE, HOMELITE, and leading floorcare brands HOOVER, ORECK, VAX, and DIRT DEVIL (located in Charlotte, North Carolina).

TTI’s global recognition and strong brand portfolio are supported by a robust ownership structure reflecting its global presence and stability. The Pudwill family remains the largest shareholder, with the remaining ownership primarily held by institutional investors in North America and Europe. TTI is publicly traded on the Hong Kong Stock Exchange, a constituent of the Hang Seng Index, and operates globally with a strong commitment to environmental, social, and corporate governance (ESG) standards. For more information, visit .

All trademarks listed other than AEG and RYOBI are owned by the Company. AEG is a registered trademark of AB Electrolux (publ.) and is used under license. RYOBI is a registered trademark of Ryobi Limited and is used under license.