Sustainability

A message from

ARTEREX

Dear Colleagues,

As I reflect on 2025, I am struck by how much ARTEREX has grown, not only in scale but also inpurpose. This was a year of meaningful expansion: we welcomed Phoenix, Adroit USA, and Xponent Global into the ARTEREX family, and we deepened our roots in Europe with Synecco joining our portfolio of companies. Each of these milestones brings new talent, new capabilities, and new communities into our sustainability journey.

In 2025, we moved from building awareness to building accountability. We completed our third annual Greenhouse Gas (GHG) Inventory, finalized our Supplier Code of Conduct, launched circularity training for our engineering teams, and began the process of submitting our Science-Based Targets initiative (SBTi) commitment, relating to GHG emissions-reduction targets. These are not checkboxes; they are the foundation of a credible, long-term sustainability program.

This year also reminded us that sustainability is as much about people as it is about data. Across our sites, from Tijuana to Galway, from Mansfield to Modena, our teams showed up for their communities: mentoring students, donating gifts to local families, and championing safety as a shared value. That spirit is what makes ARTEREX different.

Our employees, partners, and customers are the reason we push forward. It is through their passion, creativity, and dedication that bold ideas become real-world solutions that improve patient lives. I am grateful for every one of them, and for the trust our customers place in us every day.

As we look to 2026, our priorities are clear: establish science-based GHG emissions reduction targets, embed sustainability more deeply into our operations, and continue to communicate credibly on our progress. The work ahead is significant, and I have never been more confident in our ability to deliver it.

Thank you for your continued support and partnership.

With gratitude,

- Jeff Goble, President & CEO

Women employee working at Arterex Medical unit

Our Mission

ARTEREX is a leading global provider of diversified high-precision manufacturing solutions headquartered in Scottsdale, Arizona. We specialize in the science of compounding, extrusion, injection molding, metals processing, tooling, design and development, and assembly. This expertise allows us to produce a wide range of medical products, components, and devices for global and regional OEM customers who lead medical device and life sciences innovation.

We deliver high-quality, innovative solutions from initial design to full-scale production. As a unique one-source solution for medical device manufacturing, we consolidate various aspects of the manufacturing process to streamline production, reduce costs, improve quality, and increase overall efficiency.

Our mission is to enhance global healthcare by providing innovative and reliable manufacturing solutions that empower our customers to deliver life-changing medical technologies. We are committed to excellence, integrity, and sustainability in our operations.

Our values drive us to prioritize quality, foster collaboration, and continuously pursue advancements that improve patient outcomes and support the medical community. We believe in creating a positive impact on society by upholding ethical standards and investing in the well-being of our employees, customers, and the communities we serve.

Key Sustainability Pillars

Our materiality assessment, first conducted in 2023 and reviewed annually, continues to identify the key sustainability issues shaping our Board-endorsed strategy, objectives, and targets.

In 2025, we moved beyond baseline setting and into active execution, advancing our strategy across all three core pillars:

CORPORATE RESPONSIBILITY

Focusing on governance, ethics, compliance, and cybersecurity to uphold the highest standards and build stakeholder trust

Healthcare Access & Affordability:
Ensuring our products and services are accessible and affordable to a broader population.

Product Safety & Quality:
Maintaining the highest standards of safety and quality in all our offerings.

Product Development & Innovation:
in 2025, we launched our online circularity principles training module for all engineers as a step towards embedding circular design thinking across our engineering and operations teams.

Cybersecurity:
Our cybersecurity framework, implemented in 2024, continued to be refined and strengthened throughout 2025 through ongoing collaboration and third-party oversight.

Ethics, Anti- Corruption & Compliance:
Upholding the highest ethical standards and ensuring regulatory compliance.

ENVIRONMENTAL STEWARDSHIP

Addressing greenhouse gas (GHG) emissions, reductions, and circular economy efforts to minimize our environmental footprint

GHG Emissions:

Having completed our third annual GHG inventory across Scopes 1, 2, and 3, we are progressing toward science-based target setting and formalizing a Scope 1 and 2 reduction pathway.

EMPOWERING OUR PEOPLE & SOCIETY

Prioritizing employee well-being, supply chain responsibility, and community engagement to foster inclusivity and social impact

Supply Chain Management & Labor Standards: 

Promoting responsible and ethical business practices across our supply chain

Employee Engagement & Well-being: 

Creating a supportive, diverse, and healthy work environment for our employees, including the continued delivery of our annual engagement survey, well-being programs across all sites, and ongoing improvements in our Lost Time Injury Frequency Rate (LTIFR).

CORPORATE RESPONSIBILITY

We prioritize strong governance, ethical conduct, regulatory compliance, and cybersecurity to uphold the highest standards and reinforce stakeholder trust.

Product Development & Innovation

We drive innovation to develop cutting-edge healthcare technologies, enhancing patient outcomes and advancing medical solutions. To advance our innovation work, we are also dedicated to designing for circularity. In 2025, we launched an online Circularity Principles training module for all engineers, building on the baseline established and fulfilling the commitment made in 2024. This marks a significant step toward embedding circular design thinking across our engineering and operations teams.

Product Safety & Quality

We maintain the highest standards of safety and quality in all offerings, ensuring reliability for our customers and end-users. This approach delivers high-quality medical devices consistently.

workers at assembly unit

COMPREHENSIVE QUALITY SYSTEMS

Our systems meet global standards, including FDA 21 CFR Part 820, ISO 13485:2016, and EU MDR requirements, with compliance integrated across design, regulatory, manufacturing, and distribution.

CAPABLE
EXPERTISE

We support Class II–III medical devices through product development, 510(k)/PMA submissions, risk management, Device Master Records, lifecycle planning, and post-market surveillance.

COLLABORATIVE DEVELOPMENT

We streamline product development through phase-gate reviews, offering design for manufacturability, process validation, manufacturing standards, and measurement systems analysis.

PRACTICAL APPLICATION OF QUALITY PRINCIPLES

We embed quality into our operations through workforce training, lean manufacturing, quality at the source, continuous improvement through CAPA, and supplier quality management.

ENVIRONMENTAL STEWARDSHIP

Climate Change & Emissions Management

The healthcare sector contributes nearly 4.6% of global greenhouse gas emissions, with medical manufacturing playing a role1. By focusing on sustainable practices, ARTEREX reduces energy consumption, waste, and emissions associated with medical device production, setting a standard for innovation and responsibility in the industry.

GHG Emissions

ARTEREX consistently tracks and publishes its environmental footprint, driving actionable emissions reductions and ensuring transparency. In 2025, we completed our third annual Greenhouse Gas Inventory following the WRI GHG Protocol, a standard used by 92% of Fortune 500 companies reporting to CDP.

Our Scope 1 emissions totaled 667 MTCO₂e, and our Scope 2 emissions totaled 7,046 MTCO₂e (market-based) and 5,687 MTCO₂e (location-based). Purchased electricity was the largest source of Scope 2 emissions, followed by stationary combustion, fugitive emissions from refrigerants, mobile combustion, and process emissions. Our total Scope 3 emissions amounted to 43,796 MTCO₂e.

In 2025, ARTEREX began developing science-based carbon reduction targets for validation by the Science Based Targets initiative (SBTi), building on the baselines established in 2024. This marks a significant step toward formalizing our emissions reduction pathway.

Energy Efficiency & Renewable Energy Initiatives

At ARTEREX, we are committed to reducing our environmental footprint and transitioning toward more sustainable operations. Our 2025 environmental performance reflects both our current energy demands and our strategic intent to advance energy efficiency and renewable energy adoption.

In 2025, our total energy consumption was 18,747,927 kWh. Our energy profile reflects our reliance on diverse energy sources across our global operations.

Moving forward, we will continue to optimize energy use, improve efficiency, and explore renewable energy options to further reduce our environmental footprint.

EMPOWERING OUR PEOPLE & SOCIETY

Supply Chain Management & Labor Standards

ARTEREX and its affiliates are committed to upholding the highest standards of business ethics and human rights across all operations and throughout our global supply chain. We categorically oppose and seek to eliminate all forms of modern slavery—including forced labor, human trafficking, child labor, and involuntary servitude—and consider such practices direct violations of our Code of Conduct and core values.

Arterex Medical employees
Holly MacTaggart, Vice President of Human Resources and Sustainability.

At ARTEREX, responsible business practices form the foundation of how we operate. They are not just a philosophy but a performance standard.

In 2025, we reinforced our commitment to building a more resilient and equitable future by integrating ethical governance, workforce empowerment, and environmental accountability into our core strategies.

Progress is not passive; it is driven by intentional choices that reflect who we are and the world we aim to shape.

- Holly MacTaggart

Vice President, Human Resources & Sustainability

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