Sustainable Development

YOUNG QIN
ESG Committee
In order to deepen the corporate culture of sustainable governance and accelerate the progress of sustainable development, Youngqin International established a Sustainable Development Team in February 2022, with the approval of the Chairman. Additionally, on 23rd February 2023, the "Sustainable Development Committee" was set up under the Board of Directors to enhance the functions and management mechanisms of the Board. According to the organizational regulations of the Sustainable Development Committee of the company, the committee is appointed by the Board of Directors, with no fewer than three members. Moreover, more than half of the members should be independent directors. The committee also elects a chairperson among its members to serve as the convener.

Chairman Chou Ching-Lun is served as the chairperson (convener) of the committee, and other members include independent director Lin Wen-Zhen, independent director Su Mei-Li, independent director Koh Duan-Xu, and deputy general manager of the chain headquarters Huang Xu-Kui. Under the Sustainable Development Committee, a Sustainable Office is established with the following six major working teams: Corporate Governance Team, Brand Management Team, Supply Chain Management Team, Environmental Sustainability Team, Employee Care Team, and Social Care Team. Each team is responsible for executing and promoting their respective tasks. The Sustainable Office is required to report to the Board of Directors at least twice a year on the progress and results of sustainable development projects. This enables the Board of Directors to understand the implementation of sustainable development issues by the Sustainable Development Committee and achieves supervision so that corporate sustainability and mutual prosperity between the company and society can be ensured. For the formulation of sustainability strategies and goals for 2024, please refer to the chapter on "Materiality Assessment" in this report.

In 2024, the Sustainable Development Promotion Team has reported four times to the Board of Director. The contents include (1) Report on the results of stakeholders' identification; (2) Communication status and concerned topics of stakeholders, greenhouse gases assessment, and planning report of the verification schedule; (3) The 2023 sustainability report and key reports, which have been verified by BSI.
As of May 9, 2025, the sustainable development team has reported to the Board of Directors twice. The contents include (1) Communication status and concerned topics of stakeholders; (2) Greenhouse gas inventory and verification schedule planning report; (3) Sustainability development strategy and goal report; (4) The completion of the 2024 sustainability report and key reports, which have been verified by BSI.