President Chain Store Corporation believes that corporate sustainability is the core of corporate operations. A strong management mechanism must be formulated in order to achieve sustainable development, as well as drawing up a clear blueprint and engaging in continuous communication with stakeholders. To this end, President Chain Store Corporation has set up a Sustainable Development Committee and Integrity, Risk, and Information Security Management Committee to draw up a blueprint for sustainable development with the hopes of achieving constant breakthroughs and innovations in terms of operations, economy, environment and society as a corporate leader in sustainable operations.

President Chain Store Corporation has continued to make “Planet Sustainability In Our Everyday Life” a reality by striving for the three goals of Environment, Social and Governance. To this end, it has focused on furthering the four major projects in plastic reduction, carbon reduction, food waste management and sustainable procurement, allowing consumers to practice a sustainable lifestyle and green consumption in simpler and more convenient ways through over 7,000 7-ELEVEN stores. In addition to taking actions towards a sustainable lifestyle and green consumption together with the consumers, President Chain Store Corporation has signed sustainability-linked loans (SLL) with CTBC Bank, Cathay United Bank, Yuanta Bank, First Bank, Taishin International Bank, Taipei Fubon Bank and Mega Bank to strengthen internal sustainable management. The banks take into consideration President Chain Store Corporation’s sustainability-linked performance, with indicators including being selected by DJ BIC, top 20% in Corporate Governance Evaluation, greenhouse gas emissions, energy intensity and green procurement. If the agreed conditions are met, the banks will take the initiative to lower the interest rate, leading the way to sustainable development together with President Chain Store Corporation through substantial financial incentives and demonstrating “green” power through the operations.

In addition, to continuously enhance the transparency and comparability of sustainability information, President Chain Store Corporation actively aligns with international sustainability disclosure standards. In accordance with the Roadmap for Taiwan’s Alignment with IFRS Sustainability Disclosure Standards issued by the Financial Supervisory Commission, the Company continues to promote the implementation of IFRS S1 “General Requirements for Disclosure of Sustainability-related Financial Information” and IFRS S2 “Climate-related Disclosures.” To strengthen sustainability information governance and its linkage with financial information, President Chain Store Corporation has planned to use a cross-departmental collaboration mechanism to integrate relevant units including sustainability, accounting and finance, and operations. The Company will gradually complete the identification of sustainability- and climate-related risks and opportunities, inventory material topics and disclosure boundaries, strengthen data collection processes and internal control mechanisms, and continue to enhance the integration of sustainability and financial information. In the future, in line with the timetable set by the competent authority, President Chain Store Corporation will disclose sustainability-related financial information in a dedicated chapter of its annual report in mid-March each year, in conjunction with the filing schedule for financial reports. The Company will progressively improve the quality of disclosures across governance, strategy, risk management, and Metrics & Targets.

IFRS S1/S2 Implementation Schedule

• 2024: Established the IFRS S1/S2 Sustainability Disclosure Standards project team and formulated the implementation plan for the Sustainability Disclosure Standards
• 2025: Identified sustainability risks and opportunities and their financial impacts, assessed material financial information, and collected required data
• 2026: Optimized data collection processes and trial-prepared the dedicated sustainability information chapter of the annual report
• 2027 onward: Publicly announce and file the dedicated sustainability information chapter of the annual report