The Company’s Sustainability and Risk Management Committee assists the Board in decision-making and execution of sustainability development and risk management work, covering economy, environment, and people (including human rights) aspects, the Committee conducts risk management policies, risk identification, and impact assessment for sustainability issues related to company operations, and formulates response strategies and action plans.

The Committee is composed of at least three directors appointed by the Board of Directors, with a majority being independent directors. The Committee has established a “Sustainability Promotion Team,” under which four working groups have been set up: the Corporate Governance Working Group, the Environmental Sustainability Working Group, the Social Responsibility Working Group, and the Risk Management Working Group.

 The “Corporate Governance Working Group,” “Environmental Sustainability Working Group,” and “Social Responsibility Working Group” under the Committee are composed of representatives appointed by operational unit supervisors, belonging to respective working groups according to operational unit responsibilities, serving as implementation units for the Company’s sustainability issue management and consolidating important stakeholders’ attention and expectations for various sustainability issues.

 “Risk Management Working Group” is composed of heads of operating units and is responsible for promoting and executing the Company’s risk management efforts. The task force evaluates the potential negative and positive impacts (including opportunities) that sustainability issues may pose and formulates short-, medium-, and long-term management policies and objectives. It is responsible for planning, implementing, and overseeing risk management-related matters.

The duties and rights of the Sustainability and Risk Management are as follows:

1. Formulate policies, governance structure, roles and responsibilities for promoting sustainability development and risk management.
2. Review policies, management approaches, and specific implementation plans for sustainability development related issues proposed by the “Sustainability Promotion Group.”
3. Review and monitoring of the implementation and effectiveness of sustainability and risk management.