Appendix to application for Green Export Credit Guarantee (to be completed by the exporter) This appendix should be completed and signed by authorised representatives of the exporter.
Date:
Exporter	Company name and registration number
Postal address
Buyer (and when applicable borrower)
3. Export product (goods/services)	Describe the type of goods or services that is exported.
4. End user	Describe where and in what sector the goods/services will be ultimately used.
Impact on climate change mitigation or adaptation	a) Contribution to climate change mitigation or adaptation *) Describe how the goods/services or end use is expected to contribute to climate change mitigation or adaptation.
b) Classification according to the EU Taxonomy *) Describe how the goods/services or end use relate to the EU Taxonomy, the sections concerning climate change mitigation or climate change adaptation.
6.1 End user review: Green classification of end user	a) Describe any risks that the end user could harm other environmental objectives in accordance with the Do No Significant Harm criteria of the EU Taxonomy *)
*) See instructions on page 4. 20/02/2023/KSo

6.2 End user review: Green classification of export product	a) Describe any risks that the goods/services could harm other environmental objectives in accordance with the Do No Significant Harm criteria of the EU Taxonomy *)
b) Is there any risk that the end user could harm other environmental objectives? *)
7. All end users: Other environmental and human rights risks	Are there any indications of significant risks or impacts on environment or human rights in the end user's activity, other than those covered by question 6? *)
8. Specific information and additions to previous items

*) See instructions on page 4.

Confirmation and undertaking by the exporter

We hereby confirm that the information supplied in this appendix is correct. In case it would occur at a later point in time that either

the information about the goods/services and end use etc was incorrect or misleading,

we have realised or should have realised that the information about the expected contribution of the goods/services and end use to climate change mitigation and adaptation, their impact on other environmental objectives and information about classification was incorrect or misleading, or

we, without the written consent of EKN, have taken such actions that the purpose of the goods/services and end use and the content of the export transaction, if any, have changed in relation to what has been stated above,

we hereby undertake to, should we be requested to do so, repay EKN any amount corresponding to what EKN may have been obliged to pay under the EKN guarantee.

We undertake not to, without the written consent of EKN, take such actions that the goods/services and end use are altered in relation to what has been stipulated in this appendix.

We also undertake to notify EKN, without delay, if we become aware that the end use of the goods/services is not in line with what has been stipulated in this appendix.

Furthermore, we undertake, upon request, to make available our records and other documents relating to the guaranteed export transaction to EKN or to an external advisor of EKN, and to disclose financial statements and other documents, which relate to the export transaction, as well as provide all such information that has been made available to us or which we may be able to obtain, and which can be of importance to EKN.

This appendix is subject to Swedish law.

Disputes relating to this appendix shall be determined by arbitrators in accordance with Swedish Law on Arbitration in force at the time when the dispute arises.

The arbitration proceedings shall take place in Stockholm. The Swedish language shall be used in the arbitration proceedings and the arbitration award is to be written in Swedish.

Should the exporter wish to refer a decision taken by EKN to arbitration, the exporter shall make such reference within twelve months of receipt of the decision. The exporter shall forfeit the right of action in the event of failure to do so.

If the arbitrators arrive at different conclusions regarding value, the mean value shall apply.

Company name of the exporter Contact persons (preferably two names) Signature and name of authorised signatory Phone numbers and e-mail addresses FREEDOM OF INFORMATION AND CONFIDENTIALITY Freedom of information applies at EKN. Information in public documents can only be treated as confidential by EKN if so provided by the Freedom of Information and Secrecy Act. Confidentiality applies to information about an individual party’s business or operations if it may be assumed that the individual party will incur damage if EKN discloses an item of information. Certain information concerning third parties is subject to absolute confidentiality. In case of projects classified by EKN in environmental and social category A and exceeding 10 million SDR (Special Drawing Rights) and with credit period exceeding two years; EKN will make the Environmental and Social Impact Assessment (ESIA), or a summary of it, available to the public for at least thirty days before issuing a guarantee. This procedure is in line with the OECD recommendation on common approaches on environmental and social due diligence for export credit agencies. EKN will also disclose the above information to anyone requesting it during the guarantee period.
Instructions for completion of the appendix General instructions Green export credit guarantee can be issued in export transactions where: the export product (goods/services) contributes to climate change mitigation and climate change adaptation, or the export goes to end users whose activities contribute to climate change mitigation or climate change adaptation Green export credit guarantee can be issued in the following guarantees: Bill of exchange guarantee Buyer Credit Guarantee Framework guarantee for trade receivables Guarantee for loss on claim for exporter Guarantee for loss on production and loss on claim Guarantee for trade receivables Green export credit guarantee is only issued in transactions with known end users, or where private individuals are end users. Item 5 Impact on climate change mitigation or adaptation Contribution to climate change mitigation or adaptation Please stipulate whether the impact is direct or indirect, whether it occurs in the short or long term and whether it is expected to occur in Sweden or abroad. Classification according to the EU Taxonomy EKN applies the criteria included in the EU Taxonomy within the scope regarding climate change mitigation and adaptation. The application should clearly demonstrate that the goods/services or end use form part of an activity which is classified in accordance with the Taxonomy, and that the criteria within that activity are fulfilled (please see the EU Taxonomy Compass). End user review – general instructions When the end user's activity contributes to climate change mitigation or adaptation, an assessment is made of the end user to determine that its activity does not cause significant damage to other environmental targets according to the EU Taxonomy's DNSH criteria (Item 6.1). When the export product (goods/services) contributes to climate change mitigation or adaptation, an assessment is made of the goods/services to determine that it does not cause significant damage to other environmental targets according to the DNSH criteria of the EU taxonomy (Item 6.2 a). The "non-green" end user is also assessed to determine that the activity does not cause significant damage to other environmental areas (Item 6.2 b). In addition to the above, the end user review includes EKN's ordinary environmental and human rights review (Item 7). Item 6.1 End user review: Green end user Explain how the end user's activity relates to the EU Taxonomy's Do No Significant Harm criteria. For end users within the EU, the criteria of the EU Taxonomy apply as written. End users outside the EU are assessed in line with the criteria of the EU Taxonomy. The assessment may then take local conditions into account. Refer to documentation in, for example, environmental and social impact assessment (ESIA), sustainability reports or completed studies. In transactions to new projects or major expansion of existing operations, provision of the ESIA is mandatory. In projects with significant greenhouse gas emissions, include information on the magnitude of emissions, in line with the Green House Gas Protocol. Clarify whether the activity is in a protected area or critical habitat, or if it has an impact on such. Both marine, freshwater and terrestrial ecosystems are included.
Item 6.2 End user review: Green export product Explain how the export product (goods/services) relates to the EU Taxonomy's Do No Significant Harm criteria. For products manufactured within the EU, the criteria of the EU Taxonomy apply as they are written. Products manufactured outside the EU are assessed in line with the criteria of the EU Taxonomy. The assessment may then take local conditions into account. Is there a risk that the end user’s activity harms other environmental objectives? Other environmental objectives meaning negative impact on: climate change mitigation climate change adaptation the sustainable use and protection of water and marine resources the transition to a circular economy pollution prevention and control the protection and restoration of biodiversity and ecosystems Refer to documentation in, for example, environmental and social impact assessment (ESIA), sustainability reports or completed studies. In transactions to new projects or major expansion of existing operations, provision of the ESIA is mandatory. In projects with significant greenhouse gas emissions, include information on the magnitude of emissions, in line with the Green House Gas Protocol. Clarify whether the activity is in a protected area or critical habitat, or if it has an impact on such. Both marine, freshwater, and terrestrial ecosystems are included. In two types of transactions, a review of the end user is normally not carried out, see below. Question 6.2 b) can in these cases be left blank until further notice. If information about risks is added during EKN's review, information may need to be supplemented. In transactions where private individuals are end users. In transactions under SEK 50 million to sectors other than EKN’s environmental risk industry sectors stated below: Waste management Mining and quarries Infrastructure and construction Agriculture, animal husbandry, forestry Chemical industry Power generation, fossil energy (coal, oil, gas) Power generation, renewable energy (wind, sun, hydro, biofuels) Power transmission, including substations Military, coast guard Oil and gas extraction, petrochemical industry Steel industry Information and communications technology, surveillance Textile industry Manufacturing pulp and paper Water treatment and water supply Item 7 All end users: Other environmental and human rights risks Is there a risk of land acquisitions and resettlement, impact on indigenous people or other negative impact on the environment or human rights? Describe possible indications of risks and existing impact with references to, for example, environmental and social impact assessment (ESIA), sustainability reports, completed studies or other information. In transactions to new projects or major expansion of existing operations, provision of ESIA is mandatory. If the answer is that no such risks exist, explain what risk assessment has led to this conclusion.

Approx SEK 100 million

https://ec.europa.eu/info/business-economy-euro/banking-and-finance/sustainable-finance/eu-taxonomy-sustainable-activities_en and https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32020R0852

https://ec.europa.eu/sustainable-finance-taxonomy/tool/index_en.htm

According to definition in IFC Performance Standards

According to definition in IFC Performance Standards