Longfor Group's Board of Directors is dedicated to establishing a sound ESG management system, strengthening ESG governance, and promoting the sustainable development of the Company. The Board of Directors serves as the highest decision-making body for sustainable development management and holds overall responsibility for ESG decisions. A Board-level ESG Committee, chaired by Mr. Chan Chi On, an independent non-executive Director, and consisting of the Board Chairman, one executive Director, and two independent non-executive Directors, has been established. This Committee is responsible for formulating and reviewing the Group's ESG strategies and policies, examining major ESG trends as well as related risks and opportunities, overseeing and evaluating the Group's performance in sustainable development, and regularly reporting to the Board of Directors. An ESG Working Group has been established under the ESG Committee to coordinate and promote ESG projects in each functional department and ensure the allocation of resources to ESG efforts, as well as implementation on the ground. [...] The ESG Committee routinely reviews ESG risks and opportunities and makes decisions on significant ESG management tasks and projects for the year. [...] The ESG Working Group is responsible for publishing the annual ESG report, which undergoes review by the ESG Committee to guarantee the authenticity and effectiveness of the disclosure. This Report, which details the progress and effectiveness of Longfor Group's 2023 ESG efforts, was reviewed and approved by the ESG Committee on April 22, 2024.