Hyosung Heavy Industries Corp

## Green Management Governance

Hyosung Heavy Industries' Board of Directors monitors and supervises risks related to the climate crisis, risk response activities, and associated investment plans. The company has integrated its existing EHS (Environment, Health, Safety) Committee and CSR Committee into a single highest decision-making body, the ESG Management Promotion Committee, which also oversees decisions related to social and governance issues.

The dedicated Green Management Committee receives reports from the ESG Management Team on greenhouse gas reduction activities and climate crisis strategy formulation plans. It then monitors the implementation results, assesses performance, and promotes improvements. The Management Administration Team is responsible for identifying any surplus or shortfall in greenhouse gas emissions allowances, while the environmental and production departments at the business sites manage energy consumption reduction and the execution of greenhouse gas reduction measures.

: 1. **Board of Directors**

· Management and Supervision of Sustainability Management, including Climate Crisis
· ESG Risk Management
2. **ESG Management
Promotion Committee**

· Highest Decision-Making Body for Sustainability Management
· Goals, Strategies, and Risk Management Related to Sustainability Management

Dedicated Body
: * **Green Management
Committee**

· Climate Crisis Strategy Implementation Monitoring

Responsible Department
: * **ESG Management**
Development of climate crisis response strategy, performance management, and reporting
* **Management Administration Team**
Identification of Surplus or Deficit in Greenhouse Gas Emissions Allowances
* **Changwon Plant Environmental/Production Support Department**

Identification and Implementation of Energy and Greenhouse Gas Reduction Projects
* **Environmental Department for Construction Sites**

Identification and Implementation of Energy and Greenhouse Gas Reduction Projects

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]The CEO of Hyosung Heavy Industries participates as vice-chairman in the Energy Alliance-related meetings. Our company is one of five companies with the right to speak among 13 major member companies in the energy industry of Korea, leading the response of companies in the era of the climate crisis. Hyosung Heavy Industries pays the association every year to maintain the association, and actively accepts and responds to the association's requests.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes