Cerence Releases Inaugural Environmental, Social, and – GlobeNewswire

Cerence Releases Inaugural Environmental, Social, and GlobeNewswireCerence Releases Inaugural Environmental, Social, and GlobeNewswire

BURLINGTON, Mass., November 18, 2021 (GLOBE NEWSWIRE), Cerence Inc. (NASDAQ CRNC), AI to a world in motion, announced today the publication of its inaugural Environmental, Social, and Governance report. This report outlines Cerence Inc.’s ESG strategy and performance, as well as its commitments towards its customers, partners, employees, and other stakeholders. The report can be found at https://cerence.com/sustainability.
Sanjay Dhawan, Cerence CEO, stated, “We are proud to publish our first Cerence Environmental, Social, and Governance Report, focused on building responsible momentum for the ESG topics most important for our business and key stakeholders.” “Over the past two-years, since our inception, we have transformed into an international company with a global vision of mobility AI: To enable a safer and more enjoyable journey for all. This report details our efforts to achieve that mission while ensuring productivity and protection. We look forward to continuing our journey and sharing more information in future reports. This report reflects Cerence’s commitment to serving its community and stakeholders. The report focuses on governance and ethics, risk management, compliance and security, data privacy, compliance, and security, human capital management, energy and climate change, community engagement, and innovation. The Cerence ESG report covers the period from October 1, 2019 to September 30, 2021. It also discloses information in accordance with the Software and IT Services sector guidance provided by the Sustainability Accounting Standards Board (SASB). To learn more about Cerence’s ESG efforts, view and download the report at https://cerence.com/sustainability. Visit www.cerence.com to learn more about Cerence. Follow Cerence on LinkedIn and Twitter. About Cerence Inc.

Cerence (NASDAQ CRNC), a global industry leader, is dedicated to creating unique and moving experiences for the mobility sector. It is a global innovation partner to the top automakers and mobility OEMs around the world. It helps advance connected mobility by creating an intuitive, powerful interaction between people and their cars, two wheels, and elevators. This allows consumers to connect their digital lives with their daily journeys no mater where they are. Cerence’s track record is based on more than 200 years of experience and more than 400,000,000 cars that have been shipped with Cerence technology. Cerence is mapping the future of connected cars, autonomous driving and e-vehicles. Visit www.cerence.com for more information. Forward-Looking Statements

This press release contains “forward looking statements” within the meaning of “safe harbor” provisions of Private Securities Litigation Reform Act of 95. These statements include statements regarding: the intended use of proceeds from the Term loan B and interest rate savings. Forward-looking statements include statements that are not historical facts (including statements that contain the words “believes,” ‘plans,” ‘expects,” ‘intends”, or “estimates”) and statements that do not contain the words “believes,” “plans,” “anticipates,”,”expects,”,”expects,”…” or similar expressions. Cerence believes that the forward-looking statements in this press release are based on reasonable assumptions. However, these statements involve known and unknown risk, uncertainties, and other factors which could cause actual results to differ from those expressed or implied by such forward looking statements. These include risks related to the intended uses of the proceeds of the Term Loan B. These risks include but not limited to: market conditions, industry and political conditions in the United States and internationally, and the global pandemic resulting in the novel coronavirus COVID-19. Although the above list is indicative, it is not complete. Information about other factors that could impact Cerence’s business and financial results can be found in Cerence’s Annual Report on form 10-K for the year ending September 30, 2020 and Cerence’s Quarterly Report of form 10-Q for quarter ended June 30, 2021, filed with Securities and Exchange Commission (the “SEC”), and in Cerence’s other filings with SEC. Cerence does not assume any obligation to revise any forward-looking statements, except as required by law. Contact Information

Kate Hickman

Cerence Inc.

Tel: 339-215-4583

Email: kate.hickman@cerence.com

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