The Board of Directors bears the ultimate responsibility for COSCO Shipping Holdings' ESG strategy and performance, and the Risk Control Committee takes the lead in formulating the sustainable development strategies, objectives and management policies, and coordinating the resources for and implementation of sustainable development objectives. The Risk Control Committee consists of three board members, including two independent non-executive board members. See the Rules of Procedure of the Risk Control Committee of the Board of Directors of COSCO Shipping Holdings for details of its responsibilities (http://hold.coscoscosshipping.com/attach/0/f779f2fcffd984998909c52b1d0b4d559.pdf). [...] To better implement the strategy of sustainable development in its daily governance, the Risk Control Committee under the board of directors takes the lead in managing matters related to sustainable development and comprehensively supervises the work related to sustainable development. The Risk Control Committee is mainly responsible for working out sustainable development strategies, objectives and management policies, coordinating the resources required for fulfilling sustainable development objectives, supervising the implementation of sustainable development strategies, reviewing the progress of the implementation of sustainable development objectives, inspecting activities related to sustainable development, reviewing the annual sustainable development report, and submitting the report to the board of directors for approval. See the Rules of Procedure of the Risk Control Committee of the Board of Directors of COSCO Shipping Holdings for details (http://hold.coscoscosshipping.com/attach/0/f779f2fcffd984998909c52b1d0b4d559.pdf).