Cognex : Publishes 2022 Sustainability Report

Natick, MA, USA September 21, 2023

Cognex Corporation (NASDAQ: CGNX), a leader in industrial machine vision, today published its second Sustainability Report for the fiscal year ended December 31, 2022. The report provides a comprehensive view of the company's progress on the Environmental, Social Responsibility, and Governance (ESG) matters most relevant to its business.

Within the report, Cognex focuses on how the company's industry-leading machine vision technology can help customers enhance their manufacturing processes and lessen their impact on the environment. The company also highlights its commitment to improving its own operations.

Report Highlights

• Expanded Scope 1 and Scope 2 GHG emissions reporting to include all financially controlled facilities globally.
• Provided initial disclosures of waste and water usage at Cognex's owned offices and global gender demographics.
• Submitted 2022 CDP Climate Questionnaire for the first time.
• Launched volunteer-led Cognex Cares committees focused on community engagement, DEI&B, and corporate giving.

The Cognex 2022 Sustainability Report can be downloaded here.

Certain statements made in this news release, which do not relate solely to historical matters, are forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. These statements are based on our current estimates and expectations as to prospective events and circumstances, which may or may not be in our control and as to which there can be no firm assurances given. These forward-looking statements, which include plans to reduce our environmental impact and improve our resource utilization data collection, expansion of our contract manufacturing sites and the pursuit of various certifications, involve known and unknown risks and uncertainties that could cause actual results to differ materially from those projected. A discussion regarding risk factors that could cause actual results to differ are set forth in the Management's Discussion and Analysis for Financial Condition and Results of Operations" section under the heading "Forward-Looking Statements" of Cognex's reports filed with the SEC, including its Form 10-K for the fiscal year ended December 31, 2022 and Form 10-Q for the fiscal quarter ended July 2, 2023.

All information in this news release is subject to change without notice. You should not place undue reliance upon any such forward-looking statements, which speak only as of the date made. Cognex disclaims any obligation to update forward-looking statements after the date of such statements.

Contact:
Nathan McCurren
Head of Investor Relations
Cognex Corporation
ir@cognex.com

Cognex Corporation ("the Company" or "Cognex") invents and commercializes technologies that address some of the most critical manufacturing and distribution challenges. We are a leading global provider of machine vision products and solutions that improve efficiency and quality in high-growth-potential businesses across attractive industrial end markets. Our solutions blend physical products and software to capture and analyze visual information, allowing for the automation of manufacturing and distribution tasks for customers worldwide. Machine vision products are used to automate the manufacturing or distribution and tracking of discrete items, such as mobile phones, electric vehicle batteries and e-commerce packages, by locating, identifying, inspecting, and measuring them. Machine vision is important for applications in which human vision is inadequate to meet requirements for size, accuracy, or speed, or in instances where substantial cost savings or quality improvements are maintained.

Cognex is the world's leader in the machine vision industry, having shipped more than 4 million image-based products, representing over $10 billion in cumulative revenue, since the company's founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has offices and distributors located throughout the Americas, Europe, and Asia. For details, visit Cognex online at www.cognex.com.