Tianqi Lithium Corp

The Board of Directors shall be ultimately responsible for Tianqi Lithium's ESG (environmental, social, and governance) management policy, strategies, goal setting and goal progress review, and ESG information disclosure. During the Reporting Period, the ESG and Sustainability Committee was set up under the Board of Directors of Tianqi Lithium, which is mainly responsible for developing the Company's ESG and sustainability strategic plans and goals, identifying ESG related risks, coordinating ESG management, and upgrading the Company's sustainable development. The ESG and Sustainability Committee shall consist of no less than three board members, including no less than one independent non-executive director. Its responsibilities are detailed on the official website: Detailed Working Rules of the ESG and Sustainability Committee of the Board of Directors of Tianqi Lithium Corporation. The Office of the Board of Directors and the ESG and Sustainability Department are the day-to-day working bodies of the ESG and Sustainability Committee, responsible for the preparatory work of the Committee's decision making. The Office of the Board of Directors is the organizing arm of the Committee; the ESG and Sustainability Department is the specific department undertaking the Committee's operations. The Company implements a risk management framework administered by the Board of Directors, supervised by the Audit and Risk Committee, and implemented by the Audit Department and subsidiaries to identify, manage, monitor, and control various risks of the Company. Meanwhile, we have integrated ESG related risks into our risk management and control system, with the ESG and Sustainability Committee examining key trends in environmental, social, and corporate governance and climate change, as well as related risks and opportunities, to ensure that the Company's position and performance on ESG and sustainability issues comply with relevant regulations and standards. Tianqi Lithium maintains close communication with internal and external stakeholders to identify and evaluate major ESG factors in order to develop ESG strategies. We have discussed and approved the major ESG factors identified, formulated ESG strategies, goals, and management policy based on the relevant factors, tracked international ESG trends and peer performance in a timely manner, and regularly reviewed the progress of relevant work.

The ESG and Sustainable Development Committee oversees climate change management. This committee has designated groups responsible for managing specific climate-related issues, and the Board supervises climate-related topics through the ESG and Sustainable Development Committee. [...] The main duties of the ESG and Sustainable Development Committee include formulating and reviewing the Company's climate-related visions, goals, and strategies, and advising the Board of Directors on measures and actions needed to enhance the Company's performance in responding to climate change. Besides, the Committee monitors external trends related to climate change and assesses relevant risks and opportunities to minimize adverse impacts on the Company and support the identification of climate-related business opportunities. [...] Furthermore, to further drive climate change-related management, Tianqi Lithium has established designated departments/groups responsible for carbon management, with specific individuals handling internal communications and external liaisons. Meanwhile, the Company continues to focus on cultivating internal expertise in carbon accounting and management, progressively perfecting its carbon management system.