The Committee is composed of at least three directors, as appointed by the Board of Directors, with a majority required to be independent directors. The Committee convenes at least once annually and may hold additional meetings as needed. The committee primarily assists the Board of Directors in promoting sustainability and risk management efforts. Its scope covers environmental (E), social (S), and governance (G), including formulating risk management policies, identifying risks, assessing impacts, and developing corresponding strategies and action plans related to sustainability issues affecting the company’s operations.

To implement its responsibilities, the Committee has established the “Sustainability Promotion Team”, convened by the general manager. This team consists of the Corporate Governance, Environmental Sustainability, Partnerships, Employee and Social Impact, and Risk Management task forces formed by representatives designated by heads of operating units.

• The Corporate Governance, Environmental Sustainability, Partnership Engagement, and Employee and Social Impact task forces are composed of representatives appointed by heads of each business unit. Each task force is responsible for managing sustainability issues according to its unit’s area of authority, and serves as the execution body for the company’s sustainability matters, consolidating the concerns and expectations of key stakeholders on various sustainability issues.
• The Risk Management Task Force is composed of heads of operating units and is responsible for promoting and executing the company’s risk management efforts. The task force evaluates the potential negative and positive impacts (including opportunities) that sustainability issues may pose and formulates short-, medium-, and long-term management policies and objectives. It is responsible for planning, implementing, and overseeing risk management– related matters.

The responsibilities of the Sustainability and Risk Management Committee are as follows:

• Formulate policies to promote sustainability and risk management
• Review the policies, management guidelines, and specific promotion plans related to sustainability issues proposed by the Sustainability Promotion Team
• Review and monitor sustainability and risk management implementation and effectiveness