To oversee the implementation and management of corporate sustainability, the “Sustainable Development Committee” has been set up under the PCSC Board of Directors. The Sustainable Development Committee is responsible for formulating and supervising the direction and promotion plans for corporate sustainability policy, as well as reporting the annual results to the Board of Directors. In view of the increasing emphasis on information security issues in international corporate governance in recent years, the PCSC Board of Directors resolved in December 2022 that the “Risk and Information Security Management Office” under the Sustainable Development Committee should become the “Cybersecurity Committee” and “Risk Management Committee.”

The Sustainable Development Committee is composed of three independent directors and the Company’s senior executives, divided into three groups in Environment (E), Social (S) and Governance (G). The Environment Group has 4 task forces in “plastic reduction,” “carbon reduction,” “food waste reduction” and “sustainable procurement.” The Social Group includes task forces in “Social Welfare” and “Employees and Franchise Owners.” The three groups are responsible for drawing up and implementing policies in corporate sustainable development, systems, management principles and specific promotion plans. The Sustainable Development Committee convenes twice a year, as well as reporting the performance of implementation and the plans for the following year to the Board of Directors at the end of the year.