[Karachi, Pakistan] — [January 8th, 2024]; Ahya is pleased to announce our strategic partnership with MG Apparel, a global leader in textile and apparel manufacturing, renowned for its commitment to sustainable production, innovation in industry practices, and a strong presence in international markets, with the aim to accelerate their journey to net-zero emissions. This collaboration enables MG Apparel to leverage Ahya’s advanced, AI-powered climate software products, designed to simplify end-to-end management and reduction of green-house gas (GHG) emissions and instill confidence in MG Apparel’s partners and investors.

MG Apparel is unwavering in its commitment to achieving net-zero emissions by 2050. As part of this journey, MG Apparel has set near-term Science-based Targets (SBTs) for 2032), covering all three scopes of emissions. The company is significantly investing in renewable energy, with 1.5 MW of solar panels already installed and plans for further expansion. MG Apparel is also advancing supply chain transparency by formalizing supply chain management practices to ensure traceability and sustainable operations. In a bid to reduce waste, MG Apparel has launched a PET recycling initiative that replaces the use of virgin polyester with recycled PET fiber, processing 15 tons per day. These efforts align with MG Apparel's broader strategy to support global climate action, contribute to the United Nations Sustainable Development Goals (SDGs), promoting responsible business practices through innovation and technology integration.

Through this partnership, MG Apparel is poised to strengthen its commitment to sustainability by embedding it as a core pillar of its business model. Through Ahya’s climate software products, MG Apparel will efficiently meet growing sustainability reporting demands with simplicity, accuracy and cost-efficiency. AhyaOS serves as an integrated platform for MG Apparel to comprehensively manage their sustainability data - with the ability to perform digital and automated, internal or external data collection for measurement across all scopes with green-house gas (GHG) accounting based on GHG Protocol, reporting on IFRS S-2, CDP, GRI standards. AhyaOS will provide comprehensive, AI-powered analytics, including facility and value chain analyses. AhyaOS will also help implement effective decarbonization strategies based on Science Based Targets initiative (SBTi), fostering resilient operations.

MG Apparel will gain access to Ahya’s climate science and data science experts, who will provide dedicated training to ensure seamless integration and optimal utilization of AhyaOS.

About MG Apparel: Established in 2021, MG Apparel isa prominent global apparel exporter and manufacturer, and a subsidiary of theMahmood Group, a cornerstone of Pakistan’s industrial sector since 1935.Headquartered in Multan, within South Punjab’s prime cotton belt, MG Apparelleverages its strategic location to deliver high-quality cotton wear to adiverse portfolio of international clients across Europe, North America, andAsia. The company is deeply committed to sustainable production practices,industrial digitization, and promoting diversity, equity, and inclusion (DEI).MG Apparel has earned accolades for its innovation, leadership in gender diversity, and ongoing efforts to reduce environmental impact, positioningitself as a responsible leader in the global apparel industry.