To implement and manage corporate sustainable development, President Chain Store Corporation has established the Sustainable Development Committee under the Board of Directors. Three independent directors and senior executives of the Company serve as committee members, and are responsible for formulating the direction of corporate sustainable development policies and promotion plans, as well as supervising their implementation. Under the Committee, there are three major groups: Environment (E), Social (S), and Governance (G). The Environment group includes four task forces, including “plastic reduction,” “carbon reduction,” “Food Sustainability and Health,” and “Sustainable Procurement and Biodiversity.” The Social group includes the “social welfare” and “employees and Franchisees” task forces. The three ESG groups are responsible for proposing and implementing corporate sustainable development policies, systems, relevant management guidelines, and specific promotion plans, under the supervision of the President. The Sustainable Development Committee convenes two meetings each year and reports the implementation results of the current year and the implementation plan for the following year to the Board of Directors at the end of each year. In view of the importance of climate governance, the Company also reports the progress of GHG inventory and verification to the Board of Directors each quarter.

In response to international corporate governance trends, in November 2025, the Board of Directors approved the incorporation of the Ethical Corporate Management Committee into the Risk and Cybersecurity Management Committee, which was renamed the Integrity, Risk, and Cybersecurity Management Committee. Under the Committee, there are the Risk Management Execution Office, Cybersecurity Management Execution Office, and Ethical Corporate Management Task Force. All members of the functional committees are independent directors, enhancing governance independence and raising the level of oversight requirements.

Note 1: The composition of the Sustainability Development Committee was approved by the board on July 30, 2025, consisting of three independent directors.

Note 2: The Risk and Cybersecurity Management Committee was approved by the board on July 30, 2025, to be renamed as the Integrity, Risk and Cybersecurity Management Committee.

Note 3: For the latest information regarding the committees, please refer to the Investor Relations website.