EU Taxonomy

EU Taxonomy for sustainable economic activities

The EU Taxonomy is an EU-wide classification system that defines environmentally sustainable economic activities. In doing so it aims to foster transparency and encourage investments that contribute to the EU’s climate and environmental objectives.

SoftwareOne’s Taxonomy disclosures were prepared in accordance with the EU Regulation 2020/852 and its delegated acts. Our disclosures cover the reporting period January 1 to December 31, 2025. The disclosures are prepared on a group consolidated level, covering SoftwareOne and its subsidiaries, including Crayon Group AS from July 2025. This is SoftwareOne’s first Taxonomy disclosure.

SoftwareOne has adopted the simplifications set out in Commission Delegated Regulation (EU) 2026/73 (simplified Taxonomy requirements) when preparing its disclosures. This includes the use of materiality thresholds (see section Alignment). Further, SoftwareOne has elected not to report the OpEx KPI given its immateriality to SoftwareOne’s business model (see section Operational expenditure).

SoftwareOne’s Taxonomy-eligible and -aligned activities

Eligibility

In 2025, we screened the full list of activities provided in the Taxonomy Delegated Acts⁷⁾ to identify those that were potentially eligible. The resulting shortlist was further assessed based on specific activity descriptions, EU Commission FAQs, and engagement with key internal stakeholders.

The eligibility assessment concluded the below activities as eligible for SoftwareOne:

7) Climate Delegated Act (2021/2139), the Complementary Climate Delegated Act (2022/1214), the Environmental Delegated Act (2023/2486), and the amendments to the Climate Delegated Act (2023/2485).

Data driven solutions for GHG emission reductions

FinOps, a blend of Finance and DevOps, is a collaborative cloud financial management practice that brings together IT, finance, and operations. FinOps optimizes cloud infrastructure by selecting sustainable cloud providers and eliminating unnecessary resources, leading to cost savings.

GreenOps complements FinOps by focusing on data-driven, measurable reductions in carbon emissions and ecological impacts that result from minimizing cloud waste and increasing efficiency.

A recent partnership between SoftwareOne and a global professional services firm integrated continuous environmental footprint tracking into their FinOps practice. The smart, timely reporting enabled the customer to:

• Access granular data on environmental metrics, per business unit and cost center, supporting data driven decision-making, and enhanced reporting.
• Identify cloud optimizations that reduce carbon emissions while also delivering electricity and water savings.
• Unlock, substantial, otherwise unrealized cost savings.

The cloud optimizations identified in the project equate to 27 metric tons of addressable carbon savings (4.8 metric tons of CO₂ reduction realized during the period). This represents an almost 30% reduction in total cloud emissions. The project also delivered EUR 411,000 in actual savings over the year, with potential further cost reductions of approximately EUR 520,000.

Building on this success, we are currently upgrading our FinOps solution, known as Cloud Cost Control*. We are developing the Sustainability Overview module within this solution to provide deeper visibility into resource impacts. This will help companies to make data-informed decisions that reduce their environmental impact while streamlining operating costs.

* Cloud Cost Control is a FinOps Certified Platform as assessed by the FinOps Foundation. This certification signals that Cloud Cost Control’s features and functionality are aligned with FinOps best practices; and that SoftwareOne meaningfully contributes to FinOps knowledge sharing and adoption, internally and in the marketplace.

Alignment

SoftwareOne has not assessed the identified eligible activities for Taxonomy alignment and therefore reports all activities as not aligned. This is in accordance with the exceptions for assessing alignment provided in the simplified Taxonomy requirements and EU Commission FAQ ID 148, as outlined below.

Simplified Taxonomy requirements

Commission Delegated Regulation (EU) 2026/73 allows non-financial undertakings not to screen alignment (or eligibility) for activities that cumulatively account for less than 10% of total turnover, CapEx, or OpEx. Except for the CapEx KPI for activity 7.7, all of SoftwareOne’s eligible activities cumulatively fall below the 10% materiality threshold for both CapEx and turnover. On this basis, SoftwareOne has not assessed alignment for these activities for our 2025 disclosures.

EU Commission FAQ ID 148 (FAQ 148)⁸⁾

Activity 7.7, Acquisition and ownership of buildings, exceeds the materiality threshold set by the simplified Taxonomy requirements for CapEx. However, in examining the screening criteria for alignment, it was identified that SoftwareOne does not have the technical documentation and evidence available to confirm compliance. As this activity is not considered material to our core business, we have adopted the exemption provided in FAQ 148, and reported the activity as eligible but not aligned.

8) C/2025/1373 Commission Notice on the interpretation and implementation of certain legal provisions of the EU Taxonomy Environmental Delegated Act, the EU Taxonomy Climate Delegated Act, and the EU Taxonomy Disclosures Delegated Act.

KPIs and accounting principles

Operational expenditure (OpEx)

Total OpEx (the denominator) as defined in the EU Taxonomy (restrictive scope) consists of non-capitalized costs related to research & development, building renovation measures, short-term lease, maintenance and repair, and other direct costs related to day-to-day operations and servicing of assets of property, plant, and equipment.

We have determined that Taxonomy OpEx is not material to our business model, as described below. Therefore, eligibility and alignment have not been assessed, and the OpEx numerator is not calculated (it is disclosed as zero). This is in line with the exemption provided under Annex I of Regulation (EU) 2021/2178, reinforced in the simplified Taxonomy requirements and European Commission FAQs.

Taxonomy OpEx is not considered material for SoftwareOne as we are a service company providing software and cloud solutions. As such, expenditures related to maintenance and servicing of plant, property and equipment is limited. While we lease buildings and cars, these are practical necessities rather than activities central to our core value proposition. Further, SoftwareOne’s total Taxonomy-related OpEx for 2025 (23.6 million CHF) is a fraction of our overall reported OpEx (222.4 million CHF), it is also substantially lower than total turnover and CapEx.

Capital expenditure (CapEx)

Total CapEx (the denominator) in the EU Taxonomy is defined as additions to tangible and intangible assets during the financial year, excluding depreciation, amortization, and fair value changes. Total CapEx also includes additions to tangible and intangible assets resulting from SoftwareOne’s business consolidation with Crayon in mid-2025. This is specified in note 14 Tangible assets, note 15 Intangible assets and note 17 Leases. SoftwareOne does not have a CapEx plan.

The CapEx KPI is calculated as the proportion of CapEx that is associated with Taxonomy-eligible activities (numerator), divided by SoftwareOne’s total Taxonomy CapEx (denominator).

Like the CapEx denominator, the CapEx numerators also include additions resulting from the SoftwareOne consolidation with Crayon where the data is available. This is the case for activity 6.5 and 7.7. For activities 8.1 and 8.2 this data was not available in the reporting period, therefore the numerators do not include any such additions and the resulting CapEx KPIs are subject to this limitation.

Turnover

Total turnover (denominator) reflects SoftwareOne’s total revenue per IFRS 15, excluding rebates, VAT, and other turnover-linked taxes. Total turnover is specified in note 6 Revenue of the financial statement.

The turnover KPI is calculated as the proportion of turnover that is associated with Taxonomy-eligible activities (numerator), divided by SoftwareOne’s total Taxonomy turnover (denominator).

Avoiding double counting

As SoftwareOne’s identified eligible activities differ significantly in nature the risk of double counting turnover or CapEx across economic activities is considered low.

Performance related to the EU Taxonomy

Summary of KPIs

Proportion of turnover, CapEx, and OpEx from products or services associated with Taxonomy-eligible or Taxonomy-aligned economic activities – disclosure covering FY2025.

Turnover KPI

Proportion of turnover from products or services associated with Taxonomy-eligible or Taxonomy-aligned economic activities – disclosure covering FY2025.

CapEx KPI

Proportion of CapEx from products or services associated with Taxonomy-eligible or Taxonomy-aligned economic activities – disclosure covering FY2025.