The Board of Directors of the Company (the "Board") is the Group's highest supervisory and decision-making body for addressing risks and opportunities related to the sustainability, and is responsible for: Oversee and approve material ESG matters and the corresponding plans addressing these; Discuss the recommendations made by the Sustainability Committee and make decisions. In December 2020, the Board approved the establishment of the sustainability committee of the Company (the "Sustainability Committee") to address the risks and opportunities related to the sustainability more effectively, and it is mainly responsible for: Review sustainability's strategy, policies, risks, opportunities and material issues, and make recommendations to the Board; Monitor the implementation of sustainability strategy and coordinate required resources; Evaluate sustainability's progress and performance, and effectiveness of improvement measures. The Sustainability Committee currently consists of one chairman (served by an executive director) and two members (one executive director cum CEO and one independent non-executive director), ensuring the alignment between the sustainable development plans of the Group and its business strategy while obtaining an objective perspective. The chairman and members of the Sustainability Committee have extensive experience in automobile industry, new energy vehicles, corporate culture, compliance in listed companies, capital markets, and provide professional and strategic guiding direction for the Group's sustainability. For more information on the composition, meeting procedures, roles, responsibilities and functions of the Sustainability Committee, please refer to the Terms of Reference of the Sustainability Committee on the official website of the Company. The ESG Department of the Company is a permanent body for sustainability and reports directly to the Sustainability Committee to assist in managing the risks and opportunities related to the sustainability more effectively. The ESG Department of the Company is mainly responsible for: Monitor trends, policies and industry developments related to the sustainability, and identify related risks and opportunities for feedback to all relevant parties in the ESG governance structure; Communicate with internal and external stakeholders to understand their expectations and demands for the Group's the sustainability, so as to identify related risks and opportunities; Assist the Sustainability Committee in carrying out its responsibilities, including supporting, reviewing and supervising the formulation and implementation of ESG plans and related risk management of ESG related departments, and assessing whether ESG related departments have sufficient skills and resources to cope with related risks and opportunities; Responsible for the preparation of ESG reports and other major ESG public information, and continuously follow up on the requirements of regulators, investors and rating agencies; Review ESG plan in collaboration with the ESG management department of each business group, provide recommendations to ensure that ESG plan can effectively address the risks and opportunities associated with sustainability and can adequately consider the views and expectations of internal and external stakeholders.