Fosun International Ltd

The Company's Board is responsible for guiding and overseeing the Group's ESG-related tasks and risks, including climate change-related risks. The Board pays close attention to global climate change related trends and understands the impact of related issues on the Company's business and operations. The Company provides regular training to its Directors on climate-related issues to ensure that they are kept abreast of the latest developments. [...] The Company has established an ESG Committee ("ESG Board Committee") under the Board, and an ESG Executive Committee at the governance and decision-making level respectively, and an ESG Management Committee at the executive level with a corresponding ESG Working Group to fully implement the Company's ESG strategies and actions, including the response to climate change. [...] To further push forward the "2028 Carbon Peaking Goal" and "2050 Carbon Neutrality Goal" of Fosun, the Group has established a Carbon Neutrality Committee and a Carbon Neutrality Working Group to better promote carbon neutrality work. [...] The Carbon Neutrality Committee, composed of directors of the Group and member companies, is responsible for supervising and promoting the overall carbon neutrality strategy, and regulating and monitoring climate-related risks and opportunities. The Carbon Neutrality Working Group, led by senior management of the Company's key departments involving carbon neutrality and responsible personnel of environmental protection department from Pilot Companies of Carbon Neutrality, is responsible for implementing and driving carbon neutrality tasks, and regularly reporting achievements to the Carbon Neutrality Committee. [...] The Carbon Neutrality Committee reported to the ESG Board Committee twice a year on climate-related trends and the progress of Fosun's carbon neutrality management. In March and December 2023, the Company's ESG Board Committee held two meetings to review reports from the Carbon Neutrality Committee respectively. [...] We have added the indicator of "carbon neutrality management" to the ESG management performance appraisal mechanism of Group's CEOs and responsible persons of each business segment, with the aim of further assessing the achievement rate of carbon-neutral projects of their managing operating entities, promoting further implementation and enforcement of carbon-neutral management across the Group. [...] Pilot Companies of Carbon Neutrality are required to specify the organizational structure, objectives, measures, timeframe, and responsible departments for managing carbon neutrality issues, and to establish a reward and punishment incentive mechanism, which is regularly evaluated and assessed by the EHSQ Department.

The Company's Board is responsible for guiding and overseeing the Group's ESG-related tasks and risks, including climate change-related risks. The Company has established an ESG Board Committee under the Board, an ESG Executive Committee at the management and decision-making level, and an ESG Management Committee and an ESG Working Group at the executive level to fully implement the Company's ESG strategies and actions, including the response to climate change. [...] The Board is the highest-level ESG governance body of the Company, and the Company has set up the ESG Board Committee under the Board to reinforce the Board's ESG management. In addition, in order to promote the implementation of the ESG strategy of the Board, in March 2022, the Company established an ESG Executive Committee consisting of the executive directors of the Company. The ESG Executive Committee is responsible for making decisions on the ESG matters of the Group. [...] The ESG Board Committee aims at assisting the Board in providing direction on and overseeing the development and implementation of the ESG initiatives of the Group, including but not limited to the management of health and safety risks, climate change risks, tax risks, and diversity, etc. The ESG Board Committee regularly reports the results of ESG risks assessment and relevant performance to the Board for continuous monitoring. [...] The Company has established ESG Management Committee under the ESG Board Committee and ESG Executive Committee, consisting of senior management from various functional departments involved in the ESG issues of the Company. The Company has also established an ESG Working Group under the ESG Management Committee, consisting of the heads of functional departments involved in the Company's ESG matters.

Fosun has established a top-down and long-term mechanism for ESG improvement and has included ESG management performance as an evaluation factor in the Executive Directors' performance assessment, and the ESG management performance appraisal mechanism is also extended to the CEOs of the Group and the personnel in charge of each business group. Fosun has set up an ESG Board Committee under the Board of Directors (the "Board") to assist the Board in guiding and overseeing the Group's ESG development and implementation. At the management and decision level, Fosun has established an ESG Executive Committee under the management to provide decision support for the implementation of ESG strategies. At the implementation level, the Group has also set up an ESG Management Committee and an ESG Working Group to implement ESG strategies and related actions and ensure the establishment of appropriate and effective ESG risk management and internal control system.