Sustainability Management Organization
Risk Identification Process
To support the management, implementation, and coordination of strategic plans related to sustainability topics, Primax Group has established the ESG Office under the Office of the Chairman. The ESG Office is led by the Vice President of Sustainability and is responsible for advancing four key areas of corporate sustainability: corporate governance, environmental stewardship, social welfare, and enhanced information disclosure. To address economic, environmental, and social impacts, dedicated working groups have been formed, including the Corporate Governance Group, the Green Operations Group, and the Social Care Group. These groups collect information on external initiatives relevant to economic, governance, environmental, and social aspects of the Group's operations. They engage with stakeholders to prioritize material issues based on consultation outcomes and submit proposals to the Sustainability and Risk Management Committee outlining the Group's sustainability vision, policies, systems, and management approaches. Final implementation plans are then approved by the Board of Directors. In addition, the ESG Office coordinates cross-functional risk assessment teams. The results of risk identification, control measures, and performance tracking are regularly reported to the Sustainability and Risk Management Committee for review and oversight.
Sustainability Govenance Process
The ESG Office reports to the Board of Directors semi-annually, providing updateson stakeholder communication, significant events and disclosure material issues, greenhouse gas inventory conclusions, annual execution plans, and more, prior to the publication of the sustainability report. The specific implementation plans are then approved by the Board. At the end of the year, the ESG Office reports on the achievements of the planned executions,risk assessment results, and corresponding measures. This demonstrates Primax’s strong commitment to implementing sustainable development. In 2025, the Board of Directors convened a total of 3 meetings. The sustainabilityrelated agenda items are summarized in the table below.
Under the authority and vision of the board of directors, the ESG Office is required to assist fellow departments and units in the implementation of ESG projects in a manner that conforms with the Company's economic, environmental and social efforts. The ESG Office is also responsible for gathering informationsuch as stakeholders' feedbacks on issues of concern, local and global sustainability trends, and best practices of industry leaders, as well as offering suggestions and guidance to departments for the sustainability of the Company.In 2022 , the Board of Directors approved Primax Group's Sustainability Strategy Roadmap and authorized under the Roadmap the Chairman to agree to a total of 29 goals to be implemented by various business and staff units. Meanwhile, since 2023 , it has formulated the variable remuneration forsenior management teams including the vice president and above by 10 ~ 15 % linked to ESG performance. The performance assessment standards includethe Company’s performance indicators, annual strategic priorities and ESG indicators, aiming to stimulate and improve business efficiency and sustainable competitiveness to help achievement of long-term value creation and ESG goals.【For more detailed information on the sustainability strategy blueprint, please refer to《 "Primax SDGs Sustainable Strategy Blueprint.” 》】
Target and Performance of Material ESG issues
Based on the identified material sustainability issues, we have listed our short-, medium-, and long-term goals for these issues, the achievement rates for 2025, and the corresponding action plans. Additionally, we provide an explanation of other performance results beyond the quantitative targets. The achievement status is represented by icons in the achievement rate column: 😃 Goal Achieved, 🙂 Goal Achieved Continuously, 😐 Goal Not Achieved. Furthermore, for these material sustainability issues, we have also assessed the impact on external stakeholders and disclosed the relevant performance outcomes.
Product Innovation and Customer Service Management Approach【Material Topics: Product Innovation and Development, Customer Management】
Privacy and Information Security Management 【Material Topic: Privacy and Information Security】
Climate Action 【Material Topic: Climate Change Response】
Sustainable Product Design and Circular Innovation 【Material Topic: Product Health and Safety】
Sustainable Supply Chain Management 【Material ESG issue：Sustainability Supply Chain Management】
Practice of Human Rights Values 【Material Topic: Labor and Human Rights】
Talent Value and Inclusion 【Material Topic: Talent Attraction and Retention and Diversity and Equity】
Safe and Healthy Workplace Management 【 Material Sustainability Topic: Occupational Health and Safety】
