Zumtobel Group AG announces that the following financial reports shall be disclosed: Report: Year report 2024/25 Web publication: https://z.lighting/en/group/investor-relations/financial-data/ Publication date: 2025-07-24 User: Eric Schmiedchen

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ANNUAL FINANCIAL REPORT 2024 /// 2025 With all my work, I start by asking myself the question "Cui bono?" or, to put it another way: "Who should benefit, who should be empowered?" Anna Heringer Excerpt from the artistic annual report "LIGHT - the Natural Force that Makes Things Visible" Cover image: Detail on the wall of Nichodemus House at the Don Bosco Earth Campus in Ghana (photo: Anna Heringer). Back cover and inside pages: Details from "Ghost", textile from Bangladesh (photo: Günter König) Annual Financial Report 2024/25 Zumtobel Group AG 1 May 2024 to 30 April 2025 Five-Year Overview in EUR million 2024/25 2023/24 2022/23 2021/22 2020/21 Revenues 1,097.2 1,127.0 1,209.2 1,148.3 1,044.5 Adjusted EBIT 46.9 57.3 84.3 60.8 45.5 as a % of revenues 4.3 5.1 7.0 5.3 4.4 EBIT 33.0 49.5 84.3 60.8 43.4 as a % of revenues 3.0 4.4 7.0 5.3 4.2 Net profit for the year 15.5 24.7 60.0 45.8 45.6 as a % of revenues 1.4 2.2 5.0 4.0 4.4 Total assets 989.6 987.2 1,002.4 1,005.4 943.3 Equity 424.9 425.2 421.7 382.8 308.4 Equity ratio in % 42.9 43.1 42.1 38.1 32.7 Net debt 118.5 77.1 86.9 95.1 88.5 Cash flow from operating results 86.4 105.8 140.2 122.7 115.7 CAPEX excl. IFRS 16 54.2 50.8 54.5 45.3 38.1 as a % of revenues 4.9 4.5 4.5 3.9 3.7 R&D total 74.1 72.7 67.8 67.5 64.8 as a % of revenues 6.8 6.5 5.6 5.9 6.2 Headcount incl. contract worker (full-time equivalent) 5,299 5,350 5,503 5,782 5,813 Contents Five-Year Overview 2 Chief Executive's Review 4 The Zumtobel Group AG Share 7 Group Management Report 14 The Zumtobel Group - An Overview 14 Consolidated non-financial Statement 23 Review of Business Performance 107 Internal Control System and Risk Management 114 Outlook and Goals for 2025/26 123 Additional Information 124 Consolidated Financial Statements 130 Consolidated Income Statement 130 Consolidated Statement of Comprehensive Income 131 Consolidated Balance Sheet 132 Consolidated Cash Flow Statement 133 Consolidated Statement of Changes in Equity 134 Notes 135 Scope of Consolidation 198 Statement by the Management Board in accordance with § 124 (1) No. 3 201 Auditors Report 202 Independent Assurance Repor t 208 Consolidated Corporate Governance Report 2024/25 215 Commitment to the Austrian Code of Corporate Governance 215 The Management Board 217 The Supervisory Board - Experienced, Diverse, Independent 220 Measures to Support Women and Diversity Concept 228 Diversity on the Supervisory Board and Management Board 230 Changes after the Closing Date 231 Report by the Supervisory Board of Zumtobel Group AG for the 2024/25 Financial Year 232 Service 239 Chief Executive's Review Dear Shareholders, The 2024/25 financial year was more than challenging for our company as a result of the numerous global crises and weak economic environment. These developments forced us to adjust our revenue guidance for the Zumtobel Group together with the publication of nine-month results and were reflected in a slight 2.6% year-on-year decline in revenues to EUR 1,097.2 million in 2024/25. The Components Segment nearly reached the prior year level with revenues of EUR 299.3 million, while revenues in the Lighting Segment fell by 2.8% to EUR 864.0 million. Adjusted EBIT amounted to EUR 46.9 million, and the resulting EBIT margin of 4.3% is exactly in the middle of our forecasted range of 3% to 6%. We are addressing the challenges of the market and carefully following the many different developments -just the same as our competitors - and are convinced we will emerge stronger from the current phase. Due to the comparatively low share of revenues generated in the USA, US tariff policies have only an indirect influence on the Zumtobel Group but we are closely monitoring the effects on our customers and the economy as a whole. The demand for new construction in Europe is currently weak, and the market climate has become more challenging as a result of the extended decision processes caused by declining motivation to invest and an increase in project postponements. Our components business will remain very volatile and under constant pressure over the short term. Against this backdrop, we are continuing to act with the necessary caution: For the 2025/26 financial year, we are currently expecting a single-digit per cent decline in revenues and an adjusted EBIT margin again ranging from 1% to 4%. Zumtobel Group AG 1 May 2024 to 30 April 2025 Clear strategic focus on core exper tise FOCUSED[+] stands for the development and refinement of our previous FOCUSED strategy as the answer to current economic and geopolitical conditions. Our activities in the area of smart building infrastructure were also bundled more effectively. The goal is to strengthen the Zumtobel Group's orientation and make the company fit for the future - especially in connection with the progressive digitalisation of building infrastructure and the rising sustainability demands of lawmakers and customers, above all in Europe. Another focal point of continuous evaluation is the cost situation in our production network. The related activities are designed to increase the company's resilience and safeguard the competitive position of the Zumtobel Group with its three strong brands over the long term. The past financial year has also clearly shown that we must make painful decisions where necessary, for example at our plant in Les Andelys (France). The further development of our corporate strategy gives us the groundwork to optimally benefit from a possible economic upturn. The subsidy programmes announced at the European level and in Germany should have a positive impact on the development of the Zumtobel Group over the medium term. Focus on smart lighting solutions With our focus on "smart solutions", we are designing the future of light through targeted investments in research, technology and intelligent lighting systems. The Zumtobel Group's sensor-based lighting, data-based space usage and human centric lighting make an important contribution to greater energy efficiency and smart building technology. Our service offering in the Lighting Segment is growing steadily and together with "Smart Building Solutions", our new business area, expands our portfolio for intelligent, integrated lighting solutions. Strategic partnerships with SIEMENS and ABB underscore our claim to provide innovative, turnkey systems for building management. Sustainability and digitalisation remain cornerstones of the strategy Sustainability, as is well known, is one of the central pillars of our corporate strategy - in addition to Zumtobel's TECTON II and PANOS III, other Zumtobel Group's products make an active contribution to sustainability. Thorn's Chalice and Avenue luminaires are two examples: They follow the circular design rules defined by the Zumtobel Group and create transparency concerning recycling components, easy separation and second life options. They already reflect the central content of the planned Ecodesign for Sustainable Products Regulation (ESPR), and the inclusion of these aspects will be decisive for future circular business models. We made substantial progress on our way to net zero during the past year. The climate goals set by the Zumtobel Group were confirmed by the renowned Science Based Targets initiative (SBTi) and firmly anchored in the organisation - an important milestone in our sustainability commitment. A further key element of our strategy is, and will remain, the systematic digital transformation of the Zumtobel Group. We continued our work on existing initiatives - with measurable added value for our customers, employees and partners. Examples include the development of a new product information management system, the redesign of our web presence and the introduction of an e-commerce channel for the lighting brands. The keyword here is customer centricity - a comprehensive focus on the needs of our customers. Further development of our bestseller TECTON One highlight in recent months was the product launch of the new TECTON II continuous row system from our Zumtobel brand. TECTON II gives our customers a highly efficient, sustainable carrier system with up to 15 poles for particular flexibility in the design of individual lighting applications. Light, emergency lighting, sensors and controls - all these functions can be combined in a single system to substantially reduce energy consumption. The intuitive plug-and-play design allows for tool-free installation that is over 70% faster than comparable products. Company anniversary: 75 years of Zumtobel Dear Shareholders: 2025 is a special year for us. The Zumtobel brand is celebrating its 75 th anniversary - an important milestone in our corporate history. Our company was founded by Dr. Walter Zumtobel in 1950 as "Elektrogeräte und Kunstharzpresswerk W. Zumtobel KG" and started with the production of ballasts for fluorescent tubes - at that time, an entirely new technology. The key to our company's success has remained unchanged from the very beginning: Technology, a focus on customers and the market, and the unconditional claim to design innovative lighting solutions for tomorrow. This success would not have been possible without the untiring commitment of our around 5,300 employees across the world. With their dedication, exper tise and passion, they make a vital contribution to successfully meeting challenges and helping us to stand where we are today. I can therefore look to the future with optimism in spite of the challenging environment. We hope you will continue to support us in the future. Alfred Felder Chief Executive Officer (CEO) The Zumtobel Group AG Share The global stock markets in 2024/25 The global stock markets, on the whole, remained robust from May 2024 to April 2025 in spite of the geopolitical tensions and economic uncer tainty. In Europe, stock prices were supported by moderate economic stabilisation and interest rate cuts by the European Central Bank which led to generally positive development of the underlying index. The S&P 500 reached a new record high during the 2024/25 financial year before profit-taking and economic concerns led to a slight correction. Japan was volatile and closed the period under review with slightly negative performance. Developments on the other Asian markets were also mixed, with a positive trend in China. The leading Austrian ATX index rose by 15.1% in 2024/25, and the ATX Prime was also positive at 15.9%. The EURO STOXX 600 increased by 4.5% during this same period. Other indexes like the DAX (25.5%) in Germany, the EURO STOXX 50 (4.9%) in Europe, and the Dow Jones (6.5%) in the USA also closed on 30 April 2025 with a year-on-year improvement in performance. Development of the Zumtobel Group AG share The Zumtobel Group AG started the reporting year with sidewards movements before rising steadily to a high of EUR 6.36 on 25 June 2024. This phase was followed by a steady decline in value which was caused primarily by the difficult economic environment. The restructuring measures introduced were unable to halt the downward trend during the second half year due to the deteriorating economic climate. The share's performance came under additional pressure at the end of the financial year from the tariff measures introduced by the US government and the resulting increase in uncer tainty. The annual low of EUR 4.30 was reached on 7 April 2025. The share recovered slightly towards the end of the financial year but closed on 30 April 2025 at EUR 4.63. The Zumtobel Group AG share lost 22.6% during the 2024/25 financial year, while the Austrian ATX Prime rose by 15.9%. Zumtobel Group AG share down 22.6% vs. the previous year Development of the Zumtobel Group AG Share (in %) 140 120 100 80 60 40 20 0 01.05.2024 01.07.2024 01.09.2024 01.11.2024 01.01.2025 01.03.2025 30.04.2025 Zumtobel Group AG ATX Prime Market capitalisation of EUR 200 million as of 30 April 2025 Zumtobel family syndicate holds 36.16% Dividend policy Dividend recommendation for 2024/25: 15 euro cents per share The market capitalisation of Zumtobel Group AG reflected the development of the share price in 2024/25. Based on 43,146,657 common shares (2023/24: 43,146,657), the company was valued at EUR 200 million on 30 April 2025 (2023/24: EUR 258 million). The average daily turnover on the Vienna Stock Exchange equalled 33,800 in 2024/25, compared with 29,802 in the previous year (double-count, as published by the Vienna Stock Exchange). Key Data on the Zumtobel Group AG Share 2024/25 Closing price at 30.04.2024 EUR 5.98 Currency EUR Closing price at 30.04.2025 EUR 4.63 ISIN AT0000837307 Performance 2024/25 (22.6)% Ticker symbol Vienna Stock Exchange (XETRA) ZAG Market capitalisation at 30.04.2025 EUR 200 million Market segment ATX Prime Share price - high at 25.06.2024 EUR 6.36 Reuters symbol ZUMV.VI Share price - low at 07.04.2025 EUR 4.30 Bloomberg symbol ZAG AV Ø Turnover per day (shares) 33,800 Number of issued shares 43,146,657 Shareholder structure The shareholder structure of Zumtobel Group AG has not changed significantly since the previous year. The Zumtobel family syndicate, with approximately 36.16% of the voting rights, has remained the stable core shareholder of Zumtobel Group AG since the initial public offering. The remainder of the shares is held predominately by institutional investors, according to the information available to management. The company held 808,945 treasury shares at the end of the 2024/25 financial year. Dividend policy Zumtobel Group AG works to provide its shareholders with continuous and reliable dividends. The company follows a policy which calls for a distribution of approximately 30% to 50% of consolidated net profit after the deduction of any special effects. To safeguard financial stability at all times, the specific amount of the dividend is dependent on the debt coverage ratio. Dividend proposal for the 2024/25 financial year The Zumtobel Group generated net profit of EUR 15.5 million in the 2024/25 financial year. The Management Board plans to make a recommendation to the Supervisory Board and, subsequently, to the general meeting of Zumtobel Group AG, which is scheduled for 26 September 2025, to distribute a dividend of 15 euro cents per share for the 2024/25 financial year (2023/24: 25 euro cents per share). That would represent around 42% of net profit and, based on the closing price of the share in 2024/25, a dividend yield of 3.2%. Investor relations activities focused on transparency and dialogue Transparent, continuous and open communications with all capital market participants have top priority for Zumtobel Group AG. The Management Board and investor relations department continued their in-depth dialogue with investors and analysts in Austria and other countries during the reporting year with participation in road shows and conferences as well as numerous one-on-one meetings. Three well known Austrian and international analysts issued regular reports in 2024/25 on the Zumtobel Group AG share together with their evaluation of the corporate strategy and estimates for the valuation of the company (in alphabetical order): Erste Bank, Kepler Cheuvreux and ODDO BHF. In connection with quarterly reporting and the publication of the annual financial report, the Zumtobel Group's management holds regular conference calls to provide details on the latest results. The financial community is also supplied with a wide range of interesting information, e.g. corporate publications, contacts, the financial calendar and other interesting facts and figures on the investor relations website under https://z.lighting/en/group/investor-relations . Intensive contacts with investors and analysts 1. Group Management Report Contents Group Management Report 14 The Zumtobel Group - An Overview 14 The Company 14 Products and production locations 15 Market position and brand positioning 17 Key success factors for the Zumtobel Group 18 Structural revenue drivers for professional lighting 19 The corporate strategy - FOCUSED[+] 20 Consolidated non-financial Statement 23 ESRS 2 23 Environmental related information 43 Social related information 80 Governance related information 103 Review of Business Performance 107 The economic environment 107 The development of business 108 Significant events since 30 April 2024 113 Internal Control System and Risk Management 114 Internal control system 114 Risk management 115 Outlook and Goals for 2025/26 123 Additional Information 124 Information pursuant to § 243a of the Austrian Commercial Code 124 Significant events after the balance sheet date 125 Group Management Report The Zumtobel Group - An Overview1 Leading company in the lighting industry Wide-ranging product and service portfolio The Company The Zumtobel Group is an international lighting corporation that was founded in Dornbirn, Vorarlberg (Austria) in 1950. This listed company operates nine production plants on three continents and has sales offices and partners in roughly 90 countries. The Group employed a workforce of around 5,300 as of 30 April 2025 and generated revenues of EUR 1,097.2 million in the 2024/25 financial year. The founding Zumtobel family has served as a stable core shareholder since the IPO in 2006 and holds as of 30 April 2025 roughly 36.16% of share capital. With its core brands - Thorn, Tridonic and Zumtobel - the Group offers its customers a wide-ranging portfolio of products and services. The Zumtobel Group consists of two operating segments which form the basis for corporate management: the Components Segment and the Lighting Segment. Each segment has its own sales, product portfolio, R&D, logistics & supply chain and production organisation. Tridonic, the components brand, forms the basis for the Group's leading role in the production of hardware and software for lighting systems (LED light sources, LED drivers, sensors, emergency lighting and lighting systems management). In the Lighting Segment, the company is one of the European market leaders for luminaires and lighting solutions with its Thorn and Zumtobel brands. The Zumtobel Group's service offering is one of the most extensive in the entire lighting industry: It includes consulting on intelligent lighting management and emergency lighting, light contracting, design, project management for turnkey lighting solutions, and new services for smart building solutions. The product portfolio in this area has grown not only with the Group's own products but also through partnerships, among others with Siemens and ABB. The real time localisation of goods and people by way of the lighting infrastructure is only one example. ‌1 This section fulfills the disclosure requirements of the European Sustainability Reporting Standards (ESRS), which are applied in the consolidated nonfinancial statement as part of Zumtobel Group AG's Group Management Report (ESRS 2-SBM-1, §38). Applications represent the focal point for both the Lighting Segment and the Components Segment. Indoor includes applications for industry (incl. logistics, halls and car parks), offices, education and health (incl. hospitals, schools and universities) as well as the retail trade (incl. supermarkets, home furnishing stores and high-end brand retail), art & culture (incl. museums and galleries) and exhibition areas (incl. gastronomy). Outdoor addresses applications for roads, tunnels, sport facilities and exterior lighting for public areas, including facade lighting. Services cover all project and software-oriented activities. These application-based areas define the product portfolio and are also reflected in the sales organisation. The sales organisation reflects the two segments and their different sales channels. In the Components Segment, this involves OEM sales (Original Equipment Manufacturer) to luminaire producers, sales via distributors as well as the sale of intelligent solutions to electrical and system planners. Sales in the Lighting Segment are project-based and cover construction projects and the related target groups (e.g. architects, lighting and electrical planners, contractors and developers), sales through retail channels, and direct sales to large customers and public contracting entities. Lighting solutions are also sold over special online sales channels. The Zumtobel Group is committed to sustainable business operations and, through its solutions, to help its customers more easily reach their sustainability goals. Zumtobel Group AG serves as the parent company of the Group and provides numerous corporate management and service functions for the brands. These central functions include finance, human resources, legal, audit & compliance, insurance, sustainability, IT and process management, information security and data protection, strategy and transformation projects, central procurement as well as corporate communications and investor relations. Products and production locations2 The Zumtobel Group's business model covers all key areas of the professional lighting value chain - from components, luminaires and light management systems to complete lighting solutions, ser vices and smart building solutions. ‌2 This section fulfills the disclosure requirements of the European Sustainability Reporting Standards (ESRS), which are applied in the consolidated non- financial statement as part of Zumtobel Group AG's Group Management Report (ESRS 2-SBM-1 §40ai and §42a as well as ESRS E5-5 §35). Focus on specific applications Sales structure based on target groups and types of business Management and service functions for the entire Group Full coverage of the value chain Components Segment Lighting Segment | Luminaires | Light management | Lighting solutions | Services & solutions Smart Building Solutions | LED modules | LED drivers | Sensors | Emergency lighting | Lighting controls and connectivity INDOOR INDOOR & OUTDOOR New partnerships New IoT solution VALUE CHAIN Global production network The Zumtobel Group's lighting and components plants are organised in a global production network. Management relies on lean management, the automation of business processes, and the use of location-specific cost advantages to continuously optimise product costs. Products for both the Lighting Segment and the Components Segment are produced in individual areas at Dornbirn, Niš and Spennymoor in separate areas and under separate organisation and management. The Zumtobel Group operated nine plants on three continents as of 30 April 2025. PRODUCTION NETWORK OF ZUMTOBEL GROUP AS OF 30 APRIL 2025 Spennymoor, UK Components for outdoor and emergency applications Thorn production site for mainly UK Lemgo, Germany Competence center spot and down lights Highland, USA Local site for US demand only Dornbirn, Austria Components for high-end solutions and technology ramp Highly automated and high technology site Niš, Serbia Components for volume business in Europe High volume luminaire production for Europe Shenzhen, China Components production site for standard applications Lighting Components segment (5 Plants) segment (4 Plants) Market position and brand positioning3 The Zumtobel Group is active worldwide, but Europe remains the most important market with around 85% of total revenues. The professional lighting industry in Europe is highly fragmented but the Zumtobel Group holds a strong position with its internationally established Zumtobel and Thorn lighting brands: The market share in Europe equals roughly 7%. The worldwide components industry, in contrast, is characterised by greater consolidation. With Tridonic, the Zumtobel Group also holds a leading position in lighting management and control gears. Tridonic, the Group's technology brand, supports customers with intelligent hardware and software solutions. With over 2,400 patents, it is a global innovation driver for light-based network technology and the development of scalable solutions that support the development, among others, of new business models for lighting producers, building managers and system integrators. Tridonic is not only active in the production of components and system solutions for the Group's lighting brands, it also serves as an OEM supplier for luminaire producers throughout the world and generates around 80% of its revenues outside the Zumtobel Group. The brand's innovative strength is also demonstrated by a recent award from the Digital Illumination Interface Alliance: For the light management in Bibliotheca Alexandrina, Tridonic received a "highly commended" award. Designing innovative, high-quality lighting solutions for every situation is the mission and passion of the Zumtobel brand. The right lighting in the right context creates atmosphere and can have a positive influence on the quality of life. The Zumtobel portfolio includes innovative and sustainable lighting solutions and high-quality luminaires for interiors that are optimised for the specific area of application to meet people's needs (Human Centric Lighting). Other product areas address applications in intelligent lighting management and emergency systems. The most important applications for these solutions are industry, education, retail, healthcare, office, gastronomy, and art and culture. Valuable impulses for the further development of the portfolio are created not only through Zumtobel's own internal research and development, but also by long-standing cooperation with leading international architects, lighting planners, designers and artists as well as external partners in the project business - true to the brand claim to continuously improve the aesthetics of light and, in doing so, strike out in new directions. This conviction is illustrated, among others, by the PANOS III luminaire family and SLOTLIGHT LynX® activated lighting line, which both received the Red Dot Design Award 2025 and the iF Design Award 2025. Thorn is a leading quality supplier of professional solutions for indoor and outdoor lighting and stands for high performance, cost efficiency and, above all, user-friendly lighting and integrated controls. Its luminaires and lighting solutions are marketed worldwide, among others to wholesalers, electricians, planners and municipalities as well as end-users. Energy-efficient Thorn luminaires support a wide variety of applications in and around buildings, urban areas, sport venues, tunnels and streets. One important goal is the protection of the nighttime sky with the help of so-called dark sky friendly solutions, and Thorn has extensive know-how in this area. Its functional products also cover all conventional applications from offices to supermarkets, industrial buildings, schools and healthcare facilities. Thorn's position as a leading provider of lighting solutions was underscored, among others, with the "Lighting Project of the Year" award from the Highway Electrical Association (HEA) in November 2024 for the innovative and environmentally friendly lighting of the des Aykley Heads walkway in Durham. ‌3 This section fulfills the disclosure requirements of the European Sustainability Reporting Standards (ESRS), which are applied in the consolidated non- financial statement as part of Zumtobel Group AG's Group Management Report (ESRS 2-SBM-1 §40aii and §42b). Leading position in a highly fragmented lighting market Tridonic - the specialist for the development of new LED systems and technologies for connected light Zumtobel - the premium brand for architectural lighting Thorn - the performance brand for the international volume business Strong sales structure Extensive know-how in lighting applications Well positioned for new IoT applications Key success factors for the Zumtobel Group The Zumtobel Group's leading competitive position is based primarily on three strong brands with broadly diversified market access, extensive know-how in lighting applications and a clear technological advantage in individual areas. In order to optimally address the various markets, the group has created so-called sales regions - D/A/CH, Europe-West/South, and Europe-North/East - that are designed, among others to strengthen the market presence in Europe. The sales function had nearly 1,700 employees in 2024/25, whereby 1,400 employees work for the Lighting Segment and 265 employees for the Components Segment. The design of a customer-specific lighting solution requires extensive knowledge of the product portfolio, the innovative technological developments and the specific lighting application. The Zumtobel Group sales staff must therefore understand - and be able to convey - not only the technical and functional aspects of light and the impact on energy consumption, but also the aesthetic and emotional implications and the positive influence of good lighting on the user's sense of well-being. This applies, in particular, to the sales employees in the Lighting Segment. Accordingly, detailed and wide-ranging education programmes and continuous training are decisive for the quality of sales. "Launch windows" are held by the product managers of the brands twice each year to familiarise their sales colleagues with the latest product developments in the associated lighting applications. In these programmes, launch managers work closely with the interdepartmental teams to present the benefits and availability of the new products. In order to further strengthen its leading technological position and distance itself from the competition, the Zumtobel Group regularly invests in research and development (R&D): A total of EUR 74.1 million was invested in R&D during 2024/25. The further development of lighting quality based on LED technology, rapid digitalisation and the increasing complexity of intelligent lighting systems create continuous challenges for R&D. Luminaires and lighting solutions together with their components have become central elements of the Internet of Things (IoT) and, consequently, part of the new applications and business models which go beyond lighting. The Zumtobel Group is one of the largest suppliers in Europe - its optimal positioning forms the basis to master these challenges and creates clear advantages in competition with the many small and medium-sized luminaire producers. An extensive patent portfolio and close collaboration with international light design partners and architects underscores the company's innovative power. The Keyture product brand expanded the Zumtobel Group's value chain and is now integrated in the Thorn and Zumtobel product lines for smart building solutions. This modular, multifunctional software suite in combination with intelligent sensors covers solutions for maximum energy savings (control), precise information for the maintenance and monitoring of sustainability goals (report), space optimisation in real time (view), the location and tracking of objects (locate) and the monitoring of environmental factors and operational excellence (sense). 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