HD Hyundai Construction Equipment Sector has strengthened its governance framework for climate response through the ESG Committee under the Board of Directors and the ESG Management Committees of each company, clearly defining the roles and responsibilities of our internal members. Additionally, we have established processes to assess and manage climate-related risks, enabling us to understand the impact of climate change on our business and analyze potential financial impacts, thereby effectively managing both climate-related risks and opportunities. [...] HD Hyundai Construction Equipment Sector has established and operates the ESG Committee under the Board of Directors to oversee major climate-related risks and opportunities. The ESG Committee is responsible for approving the Sector's climate change response strategy. Both HD Hyundai Construction Equipment and HD Hyundai Infracore hold one regular annual meeting as a principle, with ad hoc meetings convened when necessary, to receive reports on ESG-related issues including climate change. They review agenda items, discuss issues and policies, and make a final decision on the matters deliberated. HD Hyundai XiteSolution oversees the ESG Committees of each company, the Product & Technology Strategy Committee, and reports key climate-related matters to the HD Hyundai Group ESG Committee. Through a robust governance system led by the Board of Directors, the HD Hyundai Construction Equipment Sector aims to expand its role and responsibilities for sustainable growth. [...] HD Hyundai Construction Equipment Sector operates an ESG Management Committee, with the CEO serving as the chairman. Key executives of the Sector participate in the ESG Management Committee by selecting and executing strategic climate-related initiatives such as Net Zero and RE100. The outcomes of the activities of the ESG Management Committee's activities are periodically reported to the CEO of HD Hyundai XiteSolution. Furthermore, the Product Strategy Committee and the Technology Strategy Committee meetings are held once a year respectively, to make decisions regarding eco-friendly product/technology development strategy. HD Hyundai XiteSolution proactively develops new and future technologies related to HD Hyundai Construction Equipment and HD Hyundai Infracore. Key discussion topics are being reported to the Board of Directors of each company. HD Hyundai Construction Equipment Sector sets the performance evaluation of the CEO and related executives, as well as the key performance indicators related to the climate change response strategy, at 5~10%. Key performance indicators are established to evaluate performances related to major roles and responsibilities, such as energy consumption, GHG emissions, revenue from eco-friendly products, and the technology development of eco-friendly products. [...] HD Hyundai Construction Equipment Sector, through its ESG team, collaborates across worksites to manage climate-related issues. In the Environmental Division, it carries out tasks such as renewable energy transition and energy consumption monitoring, etc. In the Product & Technology Division, market trends for eco-friendly products are forecasted, and product sales plans are adjusted considering market changes and technological developments. The performances and related issues of the ESG Working Council are reported to the ESG Management Committee.