JG Summit Holdings Inc

The Board of Directors oversees the management of climate-related risks and opportunities, ensuring that climate considerations are seamlessly integrated into our strategies, procedures, and systems. The Board, through the Audit, Risk, and Related Party Transaction Oversight Committee (AURROC), evaluates management's actions on risk matters, and reviews and approves Objectives, Goals, Strategies, and Measures (OGSM) to accelerate our sustainability and climate action initiatives across the group's businesses and stakeholder engagements. The AURROC initiates regular reporting to the Board on climate-related risks and material exposures. It proposes adjustments to risk appetite and tolerance in response to climate and business developments, regulatory changes, and significant external events. The AURROC oversees the ERM framework, ensuring policies adequately address climate-related risks for both operational and financial resilience. It also guides the development, implementation, and evaluation of our climate-related risk management plans. Supporting the Board alongside AURROC is the Governance, Nomination, Remuneration and Sustainability Committee (GNRSC), which oversees the development and implementation of corporate governance principles and policies, with a focus on Economic, Environment, Social, and Governance (EESG) aspects of sustainability. The GNRSC reported climate-related matters to the Board in two meetings in 2023. Furthermore, the GNRSC reviews and recommends approval of our Climate Disclosure Report for submission to regulatory bodies and public release. It also evaluates management's effectiveness in maximizing climate-related opportunities.

The Board of Directors oversees the management of climate-related risks and opportunities, ensuring that climate considerations are seamlessly integrated into our strategies, procedures, and systems. The Board, through the Audit, Risk, and Related Party Transaction Oversight Committee (AURROC), evaluates management's actions on risk matters, and reviews and approves Objectives, Goals, Strategies, and Measures (OGSM) to accelerate our sustainability and climate action initiatives across the group's businesses and stakeholder engagements. [...] Supporting the Board alongside AURROC is the Governance, Nomination, Remuneration and Sustainability Committee (GNRSC), which oversees the development and implementation of corporate governance principles and policies, with a focus on Economic, Environment, Social, and Governance (EESG) aspects of sustainability. The GNRSC reported climate-related matters to the Board in two meetings in 2023. Furthermore, the GNRSC reviews and recommends approval of our Climate Disclosure Report for submission to regulatory bodies and public release. It also evaluates management's effectiveness in maximizing climate-related opportunities.

Our governance structure enables informed decision-making at multiple levels: [...] The **Chief Corporate Affairs and Sustainability Officer (CCASO)** develops strategies that align with the company's sustainability goals and commitments, including those related to climate change mitigation and adaptation. Engage with policymakers and regulatory bodies to advocate for policies that support climate action, such as carbon pricing mechanisms, renewable energy incentives, or emissions regulations. [...] The CCASO and the CSO jointly oversee the development and integration of our climate transition plan into our businesses, including setting climate targets and assessing climate risks and opportunities.