Hotai Motor established the Corporate Social Responsibility Committee in 2018 as a functional board of committee under the Board to pursue corporate sustainability, implement and oversee related directors' and policies and sustainable development strategies. In December 2021, the committee was renamed the management's Sustainable Development Committee. The convener of the meetings is the independent director of oversight and the company. The Committee meets at least twice a year to adopt annual sustainability policies and governance of review the progress of each ESG topic area through regular meetings. The Office of Environmental Affairs, Office of Social Affairs, and Office of Corporate Governance are business functions established under the Sustainable Development Committee to promote and implement sustainability practices. The goal is to manage and oversee Hotai Motor's economic, environmental, and social practices and performance by utilizing Group resources and incorporating various ESG topics into our daily business operations. The offices are responsible for devising and implementing ESG project objectives, as well as compiling and presenting the progress and results of their operations to the Sustainable Development Committee. Members under the offices include delegates from the Environmental Management Committee, TOYOTA Vehicles Division, LEXUX Vehicles Division, TOYOTA Service Marketing Division, and External Affairs & Legal Division. In particular, the Administration Operations Group is assigned as the lead office for our sustainable development efforts. Its primary responsibilities include calling Sustainable Development Committee meetings and facilitating cross-functional communications, identifying and reporting on material issues annually, collecting performance outcomes of sustainability topics, preparing the sustainability report of the company, and presenting ESG progress and results to the Board of Directors twice a year. Each year, the Sustainable Development Committee reviews the annual policies, key strategies, and action plans. They also assess risk analysis and management to minimize operational risks as the Group transition to more sustainable operations.