Governance Structure In order to systematically implement sustainability management, COLI has formulated the Management Measures for Environmental, Social and Governance Management to specify the responsibilities for overall planning and implementation of sustainability affairs and corresponding work reporting mechanisms. [...] Under the working group comprised of ESG specialists are four taskforces (Sustainable Products, Sustainable Operation, Better Services and Elite Team Management) which are cross-departmental bodies responsible for the issues managed by their members' respective departments to ensure that relevant policies and measures are well implemented. Before issuing sustainable bonds or launching sustainable loans, the ESG Taskforce will consider all proposed projects holistically and identify environmental and social risks to ensure Eligible Assets have net-positive environmental and social impacts for stakeholders and wider society, and approve the preliminary list of Eligible Assets. The ESG Working Group leader will make a final approval of the list of Eligible Assets. If an Eligible Asset is reviewed to be no longer eligible or is subject to postponement, cancelation or divestment, COLI is committed to reallocate the proceeds as soon as possible within 24 months of notification. Such monitoring will be undertaken throughout the life of the SFTs.