HKBN Ltd

Our ESG governance and management are embedded at all levels of the Group, including the Board, the ESG Committee and ESG task force, providing a solid foundation for developing and delivering our commitment to sustainability. As the highest governing body in the Group, the Board oversees and is accountable for the Group's overall ESG strategy, development and performance with the support of a Board-level ESG Committee. On an annual basis, Board members undergo training to update and enhance their knowledge and understanding of ESG. The Board also plays a primary role in evaluating and determining the Group's ESG material issues and related risks. ESG risks are thoroughly reviewed and integrated into our company's risk register, with proper risk mitigation measures and planning implemented. As part of its responsibilities, the Board will, on a regular basis every year, review and monitor progress made on the Group's ESG priorities. The ESG Committee, comprising elected members from the Board, is responsible for reviewing and monitoring ESG strategies, risk management, policies and practices, and assessing and making recommendations on the Group's ESG-related structures and business models. The ESG Committee also advises the Board on communications and disclosures concerning the Group's ESG performance, including communication channels and methods with our stakeholders and via the ESG reports. The ESG Committee delegates tasks to our ESG task force, who assist in driving the Group's ESG development. Board of Directors The Board of Directors oversees and is accountable for HKBN's ESG strategy, development and performance. ESG Committee Established as a Board committee, the ESG Committee has an overarching role in supporting the Board and monitors our ESG task force who assist in leading and driving the Group's ESG development. ESG Task Force Our ESG task force coordinates ESG planning and implementation throughout HKBN, including guiding and working with business units to deliver and monitor progress on our ESG goals and objectives. It also conducts periodic reviews with business units, delivers reports on the performance to the ESG Committee, and benchmarks the latest ESG trends which may impact HKBN's ESG strategy. Business Units Business units are responsible for the execution of our ESG strategy. Department representatives drive ESG efforts within their department and coordinate with each other on various interdisciplinary areas. They are also responsible for reviewing progress made towards our ESG commitments.

Our commitment to sustainability is reflected in our ESG governance and management, which are embedded at all levels of the Group. This includes the Board, ESG Committee and our ESG Task Force. The Board, as the highest governing body within the Group, is responsible for overseeing and being accountable for our Group's ESG strategy, development and performance, with the support of a board-level ESG Committee. The Board assumes a critical role in assessing and identifying our Group's ESG material issues and associated risks. ESG risks are thoroughly reviewed and incorporated into our company's risk register, which we use to plan and implement the appropriate measures for risk mitigation. Through the ESG Committee, the Board regularly reviews and monitors progress made on our Group's ESG priorities. [...] The ESG Committee, comprising elected members from the Board, is responsible for reviewing and monitoring ESG strategies, risk management, policies and practices, and assessing and providing recommendations to our Group's ESG-related structures and business models. The ESG Committee also advises the Board on communications and disclosures concerning our Group's ESG performance, including communication channels and methods with our stakeholders and via our ESG reports. The ESG Committee delegates to the ESG Task Force, which assist in driving our Group's ESG development. This year, we began linking the remuneration of a number of senior executives with ESG performance through a special incentive programme.

Our ESG governance and management are embedded at all levels of the Group, including the Board, the ESG Committee and ESG task force, providing a solid foundation for developing and delivering our commitment to sustainability. As the highest governing body in the Group, the Board oversees and is accountable for the Group's overall ESG strategy, development and performance with the support of a Board-level ESG Committee. On an annual basis, Board members undergo training to update and enhance their knowledge and understanding of ESG. The Board also plays a primary role in evaluating and determining the Group's ESG material issues and related risks. ESG risks are thoroughly reviewed and integrated into our company's risk register, with proper risk mitigation measures and planning implemented. As part of its responsibilities, the Board will, on a regular basis every year, review and monitor progress made on the Group's ESG priorities. The ESG Committee, comprising elected members from the Board, is responsible for reviewing and monitoring ESG strategies, risk management, policies and practices, and assessing and making recommendations on the Group's ESG-related structures and business models. The ESG Committee also advises the Board on communications and disclosures concerning the Group's ESG performance, including communication channels and methods with our stakeholders and via the ESG reports. The ESG Committee delegates tasks to our ESG task force, who assist in driving the Group's ESG development. Board of Directors The Board of Directors oversees and is accountable for HKBN's ESG strategy, development and performance. ESG Committee Established as a Board committee, the ESG Committee has an overarching role in supporting the Board and monitors our ESG task force who assist in leading and driving the Group's ESG development. ESG Task Force Our ESG task force coordinates ESG planning and implementation throughout HKBN, including guiding and working with business units to deliver and monitor progress on our ESG goals and objectives. It also conducts periodic reviews with business units, delivers reports on the performance to the ESG Committee, and benchmarks the latest ESG trends which may impact HKBN's ESG strategy. Business Units Business units are responsible for the execution of our ESG strategy. Department representatives drive ESG efforts within their department and coordinate with each other on various interdisciplinary areas. They are also responsible for reviewing progress made towards our ESG commitments.

Our commitment to sustainability is reflected in our ESG governance and management, which are embedded at all levels of the Group. This includes the Board, ESG Committee and our ESG Task Force. The Board, as the highest governing body within the Group, is responsible for overseeing and being accountable for our Group's ESG strategy, development and performance, with the support of a board-level ESG Committee. The Board assumes a critical role in assessing and identifying our Group's ESG material issues and associated risks. ESG risks are thoroughly reviewed and incorporated into our company's risk register, which we use to plan and implement the appropriate measures for risk mitigation. Through the ESG Committee, the Board regularly reviews and monitors progress made on our Group's ESG priorities. [...] The ESG Committee, comprising elected members from the Board, is responsible for reviewing and monitoring ESG strategies, risk management, policies and practices, and assessing and providing recommendations to our Group's ESG-related structures and business models. The ESG Committee also advises the Board on communications and disclosures concerning our Group's ESG performance, including communication channels and methods with our stakeholders and via our ESG reports. The ESG Committee delegates to the ESG Task Force, which assist in driving our Group's ESG development. This year, we began linking the remuneration of a number of senior executives with ESG performance through a special incentive programme.

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

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]We have announced our commitment on setting SBT and 14% reduction by 2024. The transition plan is developed and keep monitor on the performance.