About the Report

Organization

This Report covers Kweichow Moutai Co. Ltd. and its affiliated organizations. To facilitate presentation "Kweichow Moutai Co. Ltd." is

referred to as "Kweichow Moutai" the "Company" "we" and "us" and our controlling shareholder China Kweichow Moutai (Group) Co.Ltd. is referred to as "Moutai Group" in this Report.Reporting Period

This Report covers the period from January 1 to December 31 2023 with part of the content tracing back to previous years as

necessary.Publication Interval

This Report is an annual report. Kweichow Moutai has issued Corporate Social Responsibility Reports for 12 consecutive years since

2009 and issued Environmental Social and Governance (ESG) Reports since 2021. This Report is the third ESG Report.

Statement

All financial data herein are derived from the Annual Report 2023 of Kweichow Moutai Co. Ltd. and all other information and data are

derived from our relevant statistics. The bookkeeping base currency of all monetary amounts involved is RMB. Certain amounts and

percentage figures herein have been rounded and therefore the totals shown in certain tables may not be the sum of the foregoing

figures.Language

This Report is available in both simplified Chinese and English. In case of any discrepancy in understanding the content the simplified

Chinese version shall prevail.Compilatory Basis

This Report is prepared in accordance with the Guidelines of the Shanghai Stock Exchange for the Environmental Information Disclosure

of Listed Companies with reference to the GRI Sustainability Reporting Standards (GRI Standards) by the Global Sustainability

Standards Board (GSSB).How to Obtain

This Report is published in both print and electronic formats. For more information on Kweichow Moutai's ESG performance or to

download the electronic version of this Report please visit the following websites.Official website of Kweichow Moutai: https://www.moutai.com.cn/

Official website of Shanghai Stock Exchange: http://www.sse.com.cn/04 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 05

Message from the Chairman

The year 2023 has witnessed a magnificent chapter of resource efficiency and worked together to build a resource- we have built a coherent community with stakeholders contributing

Kweichow Moutai. It is a year for all of us at Kweichow efficient benchmark enterprise. We have actively integrated to social development well-being and prosperity. Adhering to

Moutai to work together and forge ahead with enterprise into the National Ecological Civilization Pilot Zone of Guizhou a people-oriented approach we have worked together with our

and fortitude. Challenged by the intertwining of the and continuously expanded the "green immovable property" employees to create a happy Moutai that features harmonious

macroeconomic recovery period and the Chinese Baijiu in the Chishui River Basin. Focusing on six fronts including development internal excellence and external aesthetics with a

industry adjustment period weak consumption recovery and "green culture" "green brewing" "green standards" and "green focus on employees' development occupational health rights and

intensified market competition we have upheld Xi Jinping production areas" we have promoted ecology as a priority interests. We have also worked together with our partners to foster

Thought on Socialism with Chinese Characteristics for a conservation intensification and low-carbon development to industrial "Mei" with enterprise empower each other for common

New Era and thoroughly implemented the guiding principles create a beautiful Moutai for the harmonious coexistence between progress and create a sustainable industrial chain ecosystem.from the 20th National Congress of the Communist Party of humanity and nature. We have worked tirelessly to establish the Moutai Public Welfare

China (CPC or the "Party"). We have upgraded the "Five- Foundation focusing on the five major areas (education ecology

Line" development strategy and practiced ESG concepts in Built on high standards we have been striving to create a culture science and technology and health) coordinating more

a comprehensive and holistic manner. Moreover we have new sample of ESG practice. We have launched an intensive resources to the public welfare cause so that the power of

explored new pathways and samples of ESG development management improvement action benchmarked against the world's goodness benefits a wider range of areas and people and the

to promote our sustainable development. best introduced the Performance Excellence Model and the world becomes a better place.EFQM model and improved our modernized management with a

Oriented by high quality we have actively explored focus on the management system management mechanism and The year 2024 is the 75th anniversary of the founding of the

new paths to green development. We have thoroughly supervision mechanism. We have pushed forward the progress People's Republic of China and also a critical year for the targets

implemented Xi Jinping Thought on Ecological Civilization and standardized operation of the Board of Directors optimized and tasks of the 14th Five-Year Plan. We will adhere to high-

firmly adhered to the "Green Line" development strategy our corporate governance structure and fully implemented the quality development in our overall coordination and focus on the

and constructed a green development system for the powers and functions of the Board of Directors. We have promoted strategic goals of "double world-leading three breakthroughs and

harmonious coexistence between humanity and nature. We the construction of Smart Moutai 2.0 and continuously improved five leaps." We will firmly uphold the strategy of Mei and gather

have implemented the "carbon peak and carbon neutrality" our network security system to ensure data and privacy security the power of Mei. In the value pursuit of "endless Mei endless

action and formulated a "carbon peak and carbon neutrality" and enhance risk control capabilities. We have abode by business me" we will work with stakeholders to intensify our ESG practices

work program. We have intensified our efforts in the Base ethics improved the Five-Sphere Integrated supervision system forge ahead for a world-leading position and Mei and create

for Practicing the Concept That Clear Waters and Green strengthened our integrity culture and consolidated the foundation prosperity and a better future.Mountains Are Invaluable Assets continued to implement of integrity and compliance. At the same time we have integrated

the "Five Projects" and "Five Actions" and gone all out to ESG as an important value concept into our corporate strategy

promote energy conservation and carbon reduction. With established an ESG management organizational structure fully Chairman of Kweichow Moutai Co. Ltd.an eye on water management we have launched water- progressed the ESG management system and continued to

saving process retrofitting and innovation and enhanced improve governance effectiveness.water conservation drainage water treatment and water

reuse to increase water-saving benefits and water efficiency. Centered on high quality we have joined forces to create a

We have advocated the circular economy improved happier and better life. Committed to creating sustainable value06 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 07

About Kweichow Moutai Corporate Culture

Company Profile Mission Brewing a high-quality life

Vision Fostering a world-class enterprise Building a world-leading

Kweichow Moutai Co. Ltd. (stock code: 600519) was incorporated on November 1999 and was listed on the Shanghai Stock Exchange brand

in 2001. Headquartered in Moutai Town along the stunning banks of the Chishui River in northern Guizhou Province Moutai is mainly

engaged in the production and sales of Moutai Baijiu and Moutai series baijiu. The leading product Kweichow Moutai Baijiu is the

Aromatic Product Persistent Integrity and Harmonious

originator and indisputable representative of Daqu jiangxiangxing baijiu in China. The product is a National Geographical Indication Core values Community

Products product with EU-China Landmark Geographical Indication organic food and national intangible cultural heritage. Boasting

lingering fragrance and a marketing network extending across China and to 64 countries and regions on five continents it is a Chinese

business card that brings the fragrance of baijiu to the world. Corporate spirit Devoting to Moutai and winning glory for the motherland

In Kweichow Moutai we pursue excellent quality at all times. We uphold the principle that quality is the soul of life adhere to the Five

Craftsmanship quality concept and inherit the scientific Gongfa of selected materials excellent processes and exquisite utensils in an Quality philosophies Honor the principles abide by the rulesstick to the

innovative manner. The essence of five years' efforts creates excellent quality integrating senses perception feelings and inspirations craftsmanshipstore enough aged baijiuand never sell

of Mei. We strive to build a first-class brand. We are constantly making the brand with products with aesthetic feeling optimized freshly brewed baijiu

services real public welfare refined activity and outstanding craftsmanship continuously boosting the kinetic energy of the brand

highlighting the brand tension of China Moutai. We deeply explore the cultural connotation. We have perfected and formed a "nine

series" culture system carried out a series of activities of 24 solar terms and built a communication matrix of "mass response online

and offline." We uphold fundamental principles and break new ground in telling stories of Chinese Baijiu culture making the unique

Moutai culture sparkling. We innovate and inherit traditional Gongfa. We insist on the brewing of Moutai that keeps in tune with the "Five-Line" High Quality Development Strategy

times and follow the traditional Gongfa of taking a year as one production cycle making Daqu (saccharification starter for crude baijiu-

making) during the Dragon Boat Festival and proceeding sorghum first added in jiang-flavour baijiu production on the Double Ninth

Festival. We continue to enhance the original innovation ability and deeply analyze the scientific connotation of traditional techniques.We have concluded four Gongfa systems and established five core technical systems to keep the vitality of traditional Gongfa forever. At Kweichow Moutai our strategy is based on and aimed at continuously satisfying people's aspirations and pursuit of a better life.We continue to construct a beautiful ecology. We have thoroughly implemented the "five special projects" built a life community of Taking Mei as the philosophy of corporate development and the guiding principle of strategy we have formed a "Five-Line" high-quality

"mountains water forests land the river and microorganisms" and launched the One Base and One Benchmark initiative. Through development strategy with Moutai Mei as the value connotation.these efforts we fully maintain the ecosystem balance on which Moutai depends. We have even extended the maintenance of natural

ecology to commercial ecology guiding stakeholders to join hands to build a beautiful ecology enabled by the "three communities."

We continue to take the "Five-Line" high-quality development path with Moutai Mei as its value connotation living up to our commitment Modern industrial system of coordinated development Blue

to empowering a life of Mei with high-quality products and services. In 2023 Kweichow Moutai reported a total revenue of RMB 150.56 Focusing on growth centering on the main business of Chinese Baijiu and driving the Line

billion with a net profit attributable to the parent company of RMB 74.734 billion. The Company ranked first in the "Top 50 Global Most synergistic development of the industrial chain to ensure stable development.Valuable Spirits Brands of Brand Finance" for eight consecutive years and ranked 3rd in the "Top 100 Most Valuable Chinese Brands"

with a brand value of US$88.427 billion making it the most valuable alcoholic beverage brand in China. Green development system of harmonious coexistence Green

Focusing on green perfecting the quality system and building a green ecology and Line

circular economy system.Reform and innovation system of thriving vitality

White

Focusing on momentum continuously promote sci-tech innovation digital Line

transition changes and opening-up.Brand culture system of "unique but united"

Purple

Focusing on culture promoting the creative transformation of Moutai culture to build Line

the "three communities" with stakeholders.Risk prevention system of safety and controllability

Red

Focusing on safety constructing a science-based and ordered system for work safety Line

environmental management and risk prevention and control.08 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 09

ESG Performance Highlights

Conduct of Mei: Cause of Mei: Ecology of Mei: Commitment of Mei:

Optimizing Governance by Assuring Quality through Inheritance Pursuing Green Development with Sharing a Better Future towards

Upholding Business Principles and Innovation Harmonious Coexistence Wonderful Lives

We set up an ESG Promotion Committee that is comprised of three We have innovatively summarized the "Time-Space-Gongfa" We establ ished commissions for green and low-carbon We established the Party Committee Talent Work Leading Group

sub-committees and working groups. craftsmanship quality management model comprehensively development and for water environment management to manage to coordinate talent development efforts.The Board of Directors' Risk Management Committee was renamed constructed and implemented the "365" quality management environmental protection. We established the Employee Health Management Leading

the Risk and Compliance Management Committee and risk system and built a matrix quality control mechanism with PDCA cycle as the core. We responded to the national strategy of carbon peak and carbon Group and developed the Occupational Health Management compliance was included into the Board of Directors' coordination neutrality by developing the Action Plan for Carbon Peak and System to coordinate health with safety strategies and performance

purview. We have perfected a food safety control system technologically Carbon Neutrality that sets energy-saving and carbon reduction management.We fully completed all tasks in the management improvement driven by four food safety platforms. targets. We implemented the "Happiness at Moutai" 2023 Plan for the

action benchmarked against the world's best and progressed the We promote the construction and operation of the five innovation We developed the Comprehensive Assessment Management Pilot Programme of Improving the Workforce's Life to deliver the

development of "One System and Six Mechanisms." platforms of "two laboratories two centers and one station". Measures specifying that environmental protection performance is "Happiness at Moutai" project.We incorporated ESG indicators such as safety environmental We established a customer service center revised the Management linked to the remuneration of senior executives and relevant staff. We developed the Supplier Management Measures Procurement

protection and corporate management into the management's Measures for Customer Consultation and Complaints and We revised the Regulations for New Product Development Management Measures and Supplier Relationship Management

remuneration assessment system. formulated the Kweichow Moutai Standard Service Language for Management Negative List of Packaging Materials for New Regulations etc. to improve sustainable access management

We enhanced information security and privacy protection by setting Exclusive Stores as well as the Kweichow Moutai Standardized Product Development and List of Restricted and Prohibited performance management and relationship management of suppliers.up a Leading Group on Network Security and IT headed by the Services Handbook. Packaging Materials specifying the priority of using recyclable We developed regulations such as the Prohibitive Rules on

Chairman and General Manager and established a closed-loop We signed the Consensus on International Cooperation in Global biodegradable and environmentally friendly materials for packaging. Integrity in Material Supply Operations and Prohibitive Rules on

mechanism for network security management. Spirits T3 Dialogue jointly with Diageo and Pernod Ricard regarding We had a deep identification of climate change risks and Integrity in Procurement Operations and incorporated integrity

We revised more than ten information security and privacy protection "advocating responsible drinking together" and some other issues. opportunities based on the Company's production and operations management-related content into supplier assessments.management systems including the Network and Information Security We have built a quality and food safety management platform under the ISSB framework. 1679 sessions on topics including hazardous operations risk

Management Measures. connecting all key business systems from the entry of raw materials to We identified seven main requirements for the environment identification and control safety rectification and construction and

We developed the Management Measures for Letters and Visits to products leaving the factory. The platform supports 799 physical and management process with the tool - Key Success Factors (KSF) emergency response as well as secondary and tertiary safety

effectively protect the legitimate rights and interests of whistleblowers. chemical inspection items and more than 260000 quality inspections. matrix. training were conducted with 45000 participants and a coverage It has 35.88 million entries of quality management data assets rate of 100% for safety education and training.We conducted a company-wide survey on material topics and forming 111 quality management data models. We lead the efforts to draft the Calculation Method and Reporting

constructed the materiality matrix. Standard for Greenhouse Gas Emissions of Baijiu Enterprises In 2023 we organized seven physical training sessions for channel We have independently built six national level innovation platforms and established carbon monitoring and evaluation standards to partners covering all channel partners. Also monthly online training

We won the China Quality Award and EGA (EFQM Global Awards) and nine provincial-level or above innovation platforms; we have conduct a full lifecycle carbon footprint assessment of Moutai sessions were conducted.and we introduced Performance Excellence Model and the EFQM nine strategic partners in scientific research 33 collaborative teams Baijiu.model. for scientific research and development and 42 provincial-level and We increased investment in organic certification for crops and

above collaborative innovation platforms. We implemented quota management for water consumption at continuously improved the standards of raw material cultivation. We hosted special training on compliance management and released various stages of our production and operations setting targets and In 2023 RMB 215 million was invested in supporting the supplier

the Compliance Management Measures. In 2023 the maturity of quality management was 906.2 points implementation paths for total subsequent water intake quota for bases and 420 square kilometers of sorghum were planted with a

We organized all employees to sign the Letter of Commitment to (excellent level); the product quality assurance index was 96.8 points production water and water consumption per unit product. storage of 141400 tons driving 120000 households of farmers to

Integrity. (excellent level). We were also shortlisted as the national quality benchmark in 2023. We conducted an assessment on the capacity of water ecology in

increase income and become prosperous.For the nine areas of significant integrity risk we performed a the Chishui River Basin and established a SWAT model for dynamic RMB 274 million was invested in charity in 2023.refined management model that featured "area-specific lists;" and we The batch inspection coverage rate of the outgoing products the pass analysis of water quality and microorganisms.identified 346 risk points and developed 639 targeted preventive rate of product supervision and spot checks and the pass rate of the

In 2023 the investment in rural revitalization totaled more than RMB

outgoing products were all 100%. We implemented the green transformation project for the design 51.7 million benefiting more than 50000 people.measures. of external packaging for products established a "blacklist"

We submitted 107 applications for intellectual property rights and for green packaging materials and supported suppliers in projects We have conducted the hope project for fulfilling dreams: "China We carried out the "One Warning per Month Education" campaign

for a total audience so far of nearly 300000 and 52 business ethics obtained 23 authorized invention patents; We published 25 papers such as cullet recycling and reprocessing and water-saving

Moutai – Backbone of the Nation" for 12 consecutive years with a

cumulative donation worth over RMB 1.2 billion.training sessions for 30000 participants; and we organized 2836 including the first journal paper with impact factor higher than 15 in renovations.employees in 70 groups to visit the Moutai Integrity Education Hall. the industry. We received the national honor - "Base for Practicing the Concept RMB 350 million was invested in safety production with zero major

We maintained zero major or above incidents of risk control major We have 10 proprietary technologies 44 leading technologies and That Clear Waters and Green Mountains Are Invaluable Assets."

safety incident 100% employee safety training and 100% timeliness

incidents of data leakage and major accidents of information security. over 8400 strains of microbial strain resources as well as over

rate of hazard rectification.

100 kinds of wheat and over 300 kinds of sorghum as germplasm Our carbon dioxide emissions intensity per unit of industrial output has decreased for two consecutive years. We had a 100% annual ratio for auditing our suppliers and a 100% resources of brewing raw materials. compliance of suppliers with the principle of clean procurement.

We have collected nearly 16.83 million pieces of brewing process We achieved an annual water saving of 399000 cubic meters and a water recycling rate of 87.07%. In 2023 we achieved a score of 87 in employee satisfaction and 91.8 data with 5G + Internet of Things + Machine Vision. in employee engagement.We participated the campaign advocating responsible drinking We purchased 91702000 kilowatt-hours of green electricity and attained the decarbonization goal of full coverage of green electricity We had a 97.6 score of supplier satisfaction in 2023 exceeding 95 covering 32 provinces municipalities and autonomous regions across for three consecutive years.China and 1487 sales stores. for both the core production area and Heyixing Branch in 2023.In 2023 the satisfaction rate of online customer service was 97.65%; We achieved 100% utilization of brewing by-products such as

the satisfaction rate of telephone customer service was 99.14%; and distillers' grains cellar mud and straws for daqu.the satisfaction rate of iMoutai was 99.36%.10 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 11

Some of Kweichow Moutai's Awards in 2023

First Prize in the Digital Scenario

Double-Hundred Enterprise Innovation Professional Competition First Prize in the CADA Science and Gold Award in the ICQCC International

for State-Owned Enterprises Technology Award (Project) QC Team Publication Competition

State-owned Assets Supervision and

International Convention on Quality Control

Administration Commission of the State SASAC China Alcoholic Drinks Association (CADA)

Circles (ICQCC)

Council (SASAC)

No. 1 in the Lists of Global Most

7th Batch of Bases for Practicing the Valuable Spirit Brands Global Most Valuable Chinese Baijiu Brands Global No. 18 among the BrandZ Most Valuable Green Manufacturing List 2023 Concept That Clear Waters and Green

Mountains Are Invaluable Assets Spirits Brand Strength Rating List and Global

Global Brands and No. 1 among the

Spirits Brand Sustainability Perceived Value Most Valuable Spirits Brands

List in the Brand Finance's Alcoholic Drinks

Ministry of Industry and Information

Ministry of Ecology and Environment of the 2023: The annual report on the most valuable

Technology of the People's Republic and strongest Alcoholic Drinks brands Kantar Group

People's Republic of China

of China Brand Finance

List of Demonstration Base for the

China Charity Award Productive Protection of State-level China's Most Admired Company 2023 China's Top 100 Listed Companies in

Intangible Cultural Heritage 2023-2025 ESG 2023

Ministry of Civil Affairs of the People's Ministry of Culture and Tourism of the Administrative Office of Alxa League and

Fortune (Chinese version)

Republic of China People's Republic of China Securities Times

"Application Practice of the

Craftsmanship Chain-Based Moutai A level in Information Disclosure by Top 100 List of the 1st China Reform List of Five-Star Gold Award for Social Circulation Traceability System "

selected as a Blockchain Innovation Listed Companies 2022-2023 Cup ESG Golden Bull Awards

Responsibility of China's Listed

Manufacturing Companies 2023

Application Case in 2023

Office of the Central Cyberspace Affairs China Securities Journal and the People's Shanghai Stock Exchange Time Responsibility 40 Forum Thinktank

Commission Government of Nantong Municipality

1st Guizhou Charity Award China Quality Award Philanthropy Company of the Year China's Listed Baijiu Companies ESG Star Ranking

Department of Civil Affairs and Department

of Human Resources and Social Security China Association for Quality China Philanthropy Times Sohu Finance

of Guizhou Province

Best Practice of Annual Report Results Best Practice Case of Corporate ESG Pioneers 100 among China's

Call by Listed Companies 2022 Governance Listed Companies ESG Excellence Top 20 List

Phoenix Television World Wide Fund (WWF)

China Association for Public Companies

CAPCO World Brand Lab for Nature (Switzerland) Beijing Office and

(CAPCO)

Rocky Mountain Institute (RMI)12 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 13

ESG Management System ESG Strategy and Planning

At Kweichow Moutai we have deeply integrated the concepts of ESG and sustainable development into our "Five-Line" development

strategy with the Moutai Mei as its value connotation. We build ourselves on the conduct of Mei aspire to the cause of Mei orient

At Kweichow Moutai we practice ESG concepts in a comprehensive and holistic manner deeply integrating them into all aspects of

ourselves to the ecology of Mei and fulfill to the commitment of Mei. In this way we continue to cater to people's desire for a better life

production operations reform and development. We have improved our ESG governance structure against international standards

and create sustainable value.national policies and advanced practices. We have also systematically sorted out core issues and key projects through the four steps of

issue identification overall planning integration and implementation and improvement and innovation. We are committed to optimizing

the Company's overall ESG management system giving full play to the management mechanism continuously empowering ESG to

Committed to fostering a "world-class enterprise" we are constantly improving corporate governance

achieve results and comprehensively enhancing our ESG value creation capability.Conduct under the framework of the "Three Meetings and One Committee." We abide by business ethics and

of Mei maintain sound risk management mechanisms to create an honest business environment and ensure

ESG Governance Structure the stability and prosperity of Moutai in the long term.At Kweichow Moutai we uphold the Board of Directors as the highest body responsible for ESG matters. We have set up an ESG

Promotion Committee chaired by the General Manager to coordinate ESG management. It is comprised of three sub-committees

namely Environment Society and Governance to oversee key issues in their respective fields. Each sub-committee has a committee We uphold the principle that quality is the soul of life and adhere to the Five Craftsmanship quality

office and special working groups to execute ESG matters. Together they constitute a three-level (decision-making management and Cause concept. Making the inheritance more traditional and the innovation more modern we are dedicated to

execution) ESG management structure. of Mei bringing high-quality products and services to consumers and leading the high-quality development of

the industry with "Moutai standards."

Board of Directors

Our commitment extends to building a life community of "mountains water forests land the river

Supervising and

Ecology and microorganisms." Focusing on the goals of carbon peak and carbon neutrality we put efforts directing of Mei into creating "production-living-ecological spaces" and attention to the "four streamlines" to set an

ecological development example that echoes "lucid waters and lush mountains are invaluable assets."

ESG Promotion

Committee

Bearing in mind the tenet of "Big Name Big Responsibility" we advocate creating value together and

Commitment

General Office of Mei developing a "beauty-creating ecosystem" of shared benefits sentiments and destiny. We join hands

with all stakeholders to embark on the path of sustainable development and create a better life.Environmental Social Governance

Sub-committee Sub-committee Sub-committee

Kweichow Moutai's ESG governance system and structure

Ecology and Environmental

Protection Working Group

Carbon Peak and Carbon

Neutrality Working Group

Occupational Health and

Safety Working Group

Community Pay-Back

Working Group

Overseas Responsibility

Performance Working

Group

Ecology Co-construction

Working Group

High-Quality Development

Working Group

Business Integrity Working

Group

Privacy and Data Security

Working Group14 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 15

Material Topics Identification

Topics of moderate importance Topics of high importance

At Kweichow Moutai we conduct company-wide identification and analysis of material topics at least once a year in light of global

sustainability trends as well as the characteristics of the industry in which we operate. Based on the identification and analysis results Product safety and quality

we draw an annual materiality matrix laying a solid foundation for subsequent targeted ESG management planning.Business ethics and anti-corruption

Customer service

With reference to international reporting standards major ESG ratings and Employee rights interests and benefits

Identifying sustainability trends in the industry we sorted out summarized and updated ESG Ecological

material topics topics by benchmarking with peers and media monitoring and collated and identified conservation

a total of 17 topics of materiality. Occupational health Risk management

and safety Corporate governance

Responsible marketing

Supply chain management

Operational compliance and Water management

Questionnaire Survey: We distributed questionnaires to various internal and external privacy and data security

stakeholders by mail email and other means to inquire about their suggestions and

Engaging Responsible drinkingopinions on the Company's ESG management and we collected 13419 valid replies.stakeholders

ESG Meetings: For special stakeholder groups we convened ESG meetings for

specialized communications on ESG topics.Public welfare activities

Drawing Based on the survey results we drew a materiality matrix in light of industry trends Addressing climate change

a materiality Products' carbon peer benchmarking and capital market concerns.matrix foot print

Packaging material and waste management

Reviewing We submitted the materiality matrix to the ESG Promotion Committee for confirmation

the materiality for the final 2023 materiality matrix. Topics of low importance Importance to Kweichow Moutai's sustainable development

matrix

Environmental topics Social topics Governance topics

Material topics identification process Kweichow Moutai's ESG materiality matrix for 2023

Importance to stakeholders16 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 17

Stakeholder Communication

At Kweichow Moutai we have incorporated the concept of community into our close development relationship with stakeholders. We

respond to stakeholders' concerns and demands with practical actions and maximize the cohesion of stakeholders' forces. In this way

we form a "eco-system of Mei" of shared benefits sentiments and destiny joining hands with all parties to embark on a journey to green

and sustainable development.Stakeholder Expectations and Demands1 Communication and Response Stakeholder Expectations and Demands1 Communication and Response

Matrix-based quality control and Improving the supplier

quality management throughout management system and creating

the lifecycle Supply chain management the "six supply chains"

Product safety and quality Improving the customer service Business ethics Maintaining open and fair

system and enhancing consumer

Customer service Suppliers and procurement and improving the

satisfaction partners reporting channels

Responsible marketing

Standardizing regular marketing

Customers and

consumers Responsible drinking communications and eliminating

exaggerated and false promotion Building a green value chain

and promoting the sustainable

Actively advocating responsible development of the industry

and healthy drinking

Addressing climate change Standardizing regular marketing

and communications and

Optimizing governance structure Responsible marketing strengthening cooperation in the

and adhering to the basic promotion of responsible drinking

principles of compliance Ecological conservationIndustry

Operational compliance Creating "production-living-

Improving information disclosure ecological spaces" and gathering

Openness and transparency and maintaining proactive efforts into environmental and

Shareholders and communicationGood returns ecological conservation

investors Reasonably distributing profits

and preserving and increasing the

value of assets Improving the mechanism for law-

based corporate governance

Setting up a Leading Group Promoting the establishment of

for Comprehensive Health to Operations in compliance with a long-term mechanism for the

coordinate the work on health and the law ecological conservation of Chishui

Occupational health and safety

safety River BasinEcological conservation

Remuneration and benefits

Improving the remuneration and Maintaining a "Mei" competition

and the protection of rights and Healthy development of the

benefit system and effectively Government and and cooperation ecology and

interests industry

protecting the legitimate rights regulators promoting the sustainable

Employees Employee training and career and interests of employees Driving local development development of the industry

development

Improving the promotion channels Paying taxes in accordance with

for employees and the employee the law and driving employment to

training system boost local industries

1 The key issues of concern are comprehensively identified from the results of the ESG materiality analysis of Kweichow Moutai and regular communication with

Kweichow Moutai's stakeholders.18 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 1920 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 21

Optimize Corporate Governance

Governance Structure and Mechanism

We are committed to standardized governance and building a sound modern corporate governance structure and system. We

continuously optimize the composition of the Board of Directors to improve Board members' performance effectiveness. We also

promote the contract-based term of office for the management to stimulate their motivation. In this way we effectively ensure our

science-based decision-making and robust operations.It is convened in strict accordance with the Articles of Association and the Rules of

Procedure for Shareholders' Meeting.Kweichow Moutai Co. Ltd. Shareholders' Meeting It is responsible for meeting notification deliberation and voting and aims to ensure that

shareholders enjoy equal status and can exercise their rights such as the right to be

informed participate question and vote.Shareholders' Meeting Board of Supervisors

Party Committee

Discipline Inspection

Labor Union Commission Risk and Compliance Board of Directors Strategy Committee As the executive body of the resolutions of the Shareholders' Meeting and the decision-

(Supervision Office) Management Committee making body of our operations and management it enjoys sufficient powers of operations

Youth League Nomination Remuneration and and decision-making in accordance with the statutory powers provided in the Company

Committee Committee Appraisal Committee Law and the Articles of Association of the Company and authorized by the Shareholders'

Management Board of Directors and Its Meeting and fully plays the vital role in "developing strategies making decisions and

Audit Committee Specialized Committee preventing risks."

It has five specialized committees: the Strategy Committee the Audit Committee the

Risk and Compliance Management Committee the Nomination Committee and the

Remuneration and Assessment Committee.Governance structure of Kweichow Moutai

It oversees the financial position and operations of the Company and the fulfillment of

duties by directors and the senior management and promotes the coordinated functioning

Board of Supervisors and effective checks and balances of the corporate governance structure.It consists of three supervisors including one employee supervisor.It manages day-to-day production and operation matters in accordance with statutory

powers and authorization of the Board of Directors.Management It organizes and implements the resolutions of the Board of Directors and reports to

the Board of Directors playing the role of "planning business operations emphasizing

implementation and enhancing management."22 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 23

Composition of the Board of Directors Regulate Corporate Acts

Independence

We adhere to the red line development strategy and conscientiously implement the "five adherences2" for law-based corporate

The Audit Committee is comprised entirely of independent directors each recognized as an expert in their governance. We continuously strengthen risk management abide by business ethics and act meticulously for anti-bribery anti-

respective domains. corruption anti-money laundering and anti-unfair competition. We also provide effective protection for bona fide whistleblowers to

improve our systems and mechanisms for law-based corporate governance.The Nomination Committee and the Remuneration and Assessment Committee are chaired by independent

directors with a majority of members as independent directors which further enhances independent and

impartial decision-making. Management Structure

In 2023 we amended the Rules of Procedure of

Board of Directors

the Risk and Compliance Management Committee

Diversity of the Board of Directors to incorporate compliance

into the Board's management. The Risk and

At the director nomination stage we carefully assess candidates' educational backgrounds work Compliance Management Committee gives full play Risk and Compliance Management

experiences and part-time services. to the synergistic effect of risk management and Committee

compliance management and better coordinates

The Nomination Committee operating under the Board of Directors evaluates the Board's structure size Legal Compliance our operational risks and business standards Department

and composition regularly every year to ensure diversity and balance in skills knowledge experience and to advise on the Board's decision-making and

gender as well as the efficient functioning of the Board. safeguard our sound development. The Risk and Audit Department Accounting Department

Currently our Board of Directors consists of 7 members including 3 independent 2 female and 1 employee Compliance Management Committee has an Office

Discipline Inspection Commission

(General Office) Organization and Human

director. The number of independent directors on the Board of Directors accounts for approximately 42.86%. with the head of the Legal Compliance Department Resources Department Corporate

The Board members are from diversified backgrounds and complementary in expertise guaranteeing the serving as the director and comprised of the Audit Development Department

science-based decision-making of the Board from diversified perspectives. Department the Accounting Department and

other departments which jointly perform risk and Risk and compliance management structure of Kweichow Moutai

compliance management in the Company.Professionalism Compliance and Internal Control

The Board of Directors includes experts in accounting finance law and food complementing each other in We have formulated the Compliance Management Measures the Internal Control Management

expertise and providing specialized and robust support for decision-making. These professionals ensure our Manual and other systems and built a basic framework for our compliance and internal control.efficient and science-based governance. In addition we have created a list of compliance obligations and set guidelines for compliance

management in key areas such as the Work Safety Compliance Guide and the Labor and

Employment Compliance Guide. We have also strengthened compliance reviews of major In 2023 we invited external

decisions economic contracts rules and regulations and new product development. experts and lawyers to deliver

We have strengthened the compliance management of related transactions. We have formulated

Remuneration System of the Board of Directors and the Management the Decision-making Policy for Connected Transactions explicitly providing the principles 4decision-making procedures and decision-making authority in related transactions to ensure fair training sessions

and reasonable pricing procedures in legal compliance and adequate disclosure of information

We have created a multi-dimensional performance assessment system for members of the Board of Directors. In this system the for related transactions. We comply with pertinent provisions of the Guidelines of the Shanghai

performance assessment takes into account our production operations and management the progress of business targets the Stock Exchange on the Self-Regulation of Listed Companies No. 5—Transactions and Related

implementation of financial budgets and the performance of duties. Independent directors' remuneration is deliberated and determined Transactions. Our related transactions with related parties are all within the limits of the amounts

by our Shareholders' Meeting. The remuneration of employee directors is assessed under our remuneration management system based deliberated and approved by the Shareholders' Meeting and the Board of Directors of the Company.on the results of individual performance appraisals. Notably when voting on the motions on related transactions the related shareholders will abstain

from voting. As deliberated by the Board of Directors the aggregate amount of regular related

Our Board of Directors adopts a mechanism that features "positive incentives + negative constraints" to assess the business transactions throughout 2023 did not exceed 5% of our audited net assets as of the end of 2022 Compliance for

performance of the management. It uses positive indicators to stimulate the enthusiasm of the management and negative indicators to (excluding the amount of related transactions incurred that were deliberated and approved by the

ensure their operational compliance thereby strengthening the application of the assessment results and rigid fulfillment. Performance Shareholder' Meeting).fulfillment is assessed as per the Measures for Performance Assessment of Members of the Management and the Measures for 150

Remuneration Management of Members of the Management and based on six common indicators (including total profits incremental We continuously host compliance management training. In 2023 we invited external experts compliance management

profits and the ratio of profits to cost) as well as specialized indicators of the subdivided areas. Meanwhile there will be score and lawyers to deliver four training sessions on compliance for 150 compliance management coordinators from various

deductions in the case of negative events in safety environmental protection corporate management and other ESG-related indicators. coordinators from various departments further enhancing their compliance awareness. departments

2 F ive adherences: Adherence to law-based corporate governance adherence to compliance management adherence to law and business integration adherence to

constructing a well-structured and complete work system of rule of law and adherence to fostering outstanding and consummate professional capabilities of rule of law.24 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 25

Risk Management

We maintain comprehensive risk management. Aiming to "develop policies build systems

and consolidate the foundation" we have developed the Comprehensive Risk Management Joint meeting Dynamic study Information Coordinated Supervision Referral of problem

Solutions the Compliance Management Measures and other policies and established a "first In 2023 of the problem sharing supervision and for problem clues and related

responsible person" management system for risk and compliance that is composed of the the Company maintained special supervision rectification situations

Chairman of the Board of Directors the General Manager and the heads of our units. Focusing

on "six major risks3" we have established a risk database optimized the processes of risk Operating process of the Five-Sphere Integrated Coordinated Supervision Working Mechanism

identification assessment control and improvement and strengthened the systematic control of 0

risks in key areas thereby effectively preventing and resolving various types of risks. In 2023 we major or above risk control

maintained zero major or above risk control events. events

Business ethics training

Business Ethics

We uphold business integrity and strictly abide by the the We explained to al l employees including the Anti-Monopoly Law Anti-Unfair Competition Law the Supervision Law the

Anti-Money Laundering Law and other laws and regulations as well as codes of business conduct. We adhere to legal compliance in senior and middle management as well as regular

market competition and oppose any form of corruption bribery money laundering monopolization and unfair competition. employees the Implementation Opinions of Moutai

Group on Further Strictly Preventing Corruption Risks

and Guaranteeing High-Quality Development. Through

Anti-bribery and Anti-corruption this training we have built a solid ideological line of

defense against anti-corruption and consolidated the

moral cornerstone for employees to perform their

Developing an anti-corruption system is one of our priorities. We and our subsidiaries have set up duties correctly and work with integrity.disciplinary inspection agencies or are equipped with disciplinary inspectors. We have developed

a Five-Sphere Integrated4 coordinated supervision working mechanism to further strengthen the

collaboration and cooperation among our supervisory bodies. By converging supervision forces We have successfully identified Explaining the Implementation Opinions and

business ethics systems to new employees

and improving the supervision system we have laid a robust groundwork for anti-corruption.For the nine areas of significant integrity risk we have identified the risk points of each segment

and formulated preventive measures. We perform a refined management model that features 346

"area-specific lists" where we dynamically locate risks and investigate hidden hazards based on risk points

problems identified in regular supervision. To date we have successfully identified 346 risk points

and developed 639 targeted preventive measures.Anti-money laundering

In the Supplier Code of Conduct we set out the requirements of anti-bribery anti-corruption

and other business ethics for all suppliers and distributors. In the contract review and signing

processes we have integrated anti-commercial bribery terms or integrity responsibility letters Developed

into our processes to ensure that our internal anti-bribery and anti-corruption systems extend to Anti-money laundering training

all suppliers and distributors. To ensure our overall business ethics management we conduct

annual inspections on the implementation of our anti-corruption and anti-corruption systems in 639

accordance with the GB/T 41835-2022 Sustainable Procurement—Guidance and our internal targeted preventive measures We launched synchronized anti-money laundering and

management systems. anti-fraud campaigns in light of the actual situation

of our production plants and departments through

We have enhanced its integrity culture for all by conducting lecture tours on systems and integrity a variety of online and offline methods such as

promotion as well as organizing attendance to trials of illegal cases to increase the awareness publishing newsletters and broadcasting promotion

of integrity and self-discipline of all employees. In 2023 we brought middle and senior officials videos on the intranet as well as delivering lectures

and cadres to the provincial warning education base to participate in warning education activities Hosted and distributing brochures at the production plants.with an attendance of 65 people. We also hosted 52 business ethics training sessions for 30000 Throughout the year we hosted nine training sessions

participants. Directly affiliated Party organizations hosted nine sessions under the Monthly 52 on "anti-money laundering knowledge" "fraud Warning program for a total audience so far of nearly 300000. We organized 2836 Employees prevention" and other themes to further strengthen

from different units production plants branches and subsidiaries in 70 groups to visit the Moutai

Integrity Education Hall. business ethics training

employees' anti-money laundering and anti-fraud

awareness. Promoting Anti-fraud and anti-money laundering sessions knowledge among employees

3 Six major risks: Strategic risk market risk financial risk operational risk legal risk and public opinion risk.

4 F ive-Sphere Integrated: The Five-Sphere Integrated supervision system is composed of supervisory bodies for disciplinary inspection organization and personnel

audits finances and legal affairs.26 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 27

Anti-monopoly and anti-unfair competition Whistleblower Protection

We implement the Opinions of the State Council on Establishing a Fair Competition Review During the reporting period We always follow the principles of seeking truth from facts complying with rules regulations and the law protecting legitimate rights and

System in the Building of a Market System and other pertinent regulations and normative interests hierarchical responsibility and division of labor. We have a full-time staff responsible for handling reports and complaints and

we did not receive any

documents as well as rules such as the Anti-Unfair Competition Compliance Guide and the strictly control the access to reporting letters and visits as well as clues of the reported matter to firmly prevent the leakage of reporting

Anti-monopoly Compliance Guide and enhances the awareness of fair competition. complaints or reports on letters and visits and the way they are handled.unfair competition

We have developed the Management Measures of Kweichow Moutai Co. Ltd. for Letters and Visits following the Regulations on

Handling Letters and Visits and the Rules for Disciplinary Inspection and Supervision Organs on Handling Reports and Complaints. The

whistleblower's name organization home address telephone e-mail and other personal information and reporting information will be

kept strictly confidential. With respect to anonymous reporting materials it is strictly prohibited to verify the whistleblower's handwriting

Internet Protocol (IP) address and other information without authorization. Through the above initiatives we effectively protect the

legitimate rights and interests of whistleblowers.If a whistleblower is threatened or victimized due to reporting and accusing and files an application for protection we will provide timely

Several Measures of the Party Committee of the Company Anti-monopoly Compliance Guide protection in accordance with the rules and regulations. If a person being reported retaliates (against the whistleblower) by jeopardizing

for Further Strengthening Oversight for Leadership Teams personal safety and damaging property and reputation he or she will be seriously dealt with in accordance with the rules and disciplines.and Their Heads Anti-Unfair Competition Compliance Guide People suspected of violating the law will be transferred to the judicial organs in accordance with the law.Negative List of Employees' Acts Work Safety Compliance Guide

Measures for Handling Violations of Rules Disciplines Ecology and Environmental Protection Compliance

and Laws by Employees Guide

Prohibitive Provisions for Integrity in Construction of Rules on Supplier Management for Husks and Straws

Engineering Projects Letter and visit handling

Rules on Supplier Management for Hardware and Disciplinary Inspection and Case supervision department Supervision Office management department

Prohibitive Provisions for Procurement Integrity Low-Consumption Materials

Prohibitive Provisions for Integrity in Resources Supply Receiving a report Preliminary Collective research Supervision and

verification management

Assigning a number Handling

and registering Comprehensive

analysis Feedback

Classified

transferring

Business ethics systems of the company

Process of reporting and accusation handling

Reporting Channels

Telephone: 0851-22385896

Website: http://guizhou.12388.gov.cn

Mailbox: Elevator entrance 6/F Office Building of Kweichow

Moutai Co. Ltd.28 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 29

Information Security and Privacy Protection We have strengthened information security publicity education and skill training among employees and have expanded the training to external partner units and suppliers. In

project construction contracts we set out information confidentiality requirements and

sign confidentiality commitment letters with all project members. In 2023 we launched ten Achieved

We continuously improve our network and information security system and management structure consistently strengthen our network network security skill training sessions for IT employees organized a competition for network

and information security technical capabilities and enhance our information security training and assessment to ensure data and privacy and information security standards and skills and conducted network and information

security. security risk assessments and information system audits. We achieved zero major data

0

leakage incidents and zero major information security accidents throughout the year. major data leakage incidents

and major information security

accidents throughout the year

Information Security "Business-finance integration" project platform

We strictly comply with the Cybersecurity Law the Data Security Law and other laws and regulations. We have revised more than ten

systems including the Management Measures for Network and Information Security and the Management Measures for Data Security In 2023 we integrated eight financial systems (including budgeting accounting funding reimbursement and taxation) and

(for Trial Implementation) which apply to our headquarters and subsidiaries (branches) at all levels. An internal audit shall be conducted built three new business systems (intelligent legal affairs human resources and asset management) and a technology

at least once every two years in accordance with the corresponding requirements for different grades of the graded protection of platform. We also put online a "business-finance integration" project platform centered on the Corporate Service Bus the

information technology (IT) systems and detailed risk assessments shall be conducted for key systems Unified Approval Center and the Finance Middle Platform. In this way we have further promoted the integration of business

and finance achieved internal data interoperability and eliminated information islands.We have improved our management structure by setting up a Leading Group on Network Security and IT headed by the Chairman and

General Manager and building a network security accountability paradigm managed by the Digital and Information Management Center

and engaging all production plants units (departments) and subsidiaries (branches). In 2023 we continued to improve the information

security operation capability of our business against the ISO 27001 management system standards. We established a closed-loop Privacy Protection

mechanism for network security management that encompasses prevention assessments monitoring drills and emergency response

and we also collated and formulated a list of eight external and 14 internal key data categories. By clarifying the data content access We strictly comply with the Personal Information Protection Law of the People's Republic of China and other applicable laws

routes collection frequency and responsible departments we have strengthened the management of multidomain data throughout the and regulations. We have formulated the Moutai's Regulations on the Management of Personal Information Protection (for Trial

lifecycle. Implementation) the Guidelines for the Implementation of Classified and Graded Data Security Control and other systems and

regulations. In these documents we define users' rights in controlling their data and ensure that users have the right to access correct

and delete their personal data. In this way we reinforce the compliance management of data.Intrusion Detection Intrusion Prevention Network Network Identifying

System (IDS) System (IPS) Identifying assetsSecurity Security vulnerabilities

Firewalls Other security protection devices Precaution Assessment Identifying threats

Security protection

measures in place User information management measures of the iMoutai App

Security devices and technologies Asset identification

ction Capabilit

Authentication Identity authorization ic P

rote ies

s Governance measures Technical measures In the operation of the iMoutai digital marketing platform we collect and use customers' personal information in accordance

Ba

D with the principles of legality legitimacy and necessity.The collection of supplementary information does not affect the use Identity audits Other security Operational strategies n safeguards Other measures of basic business functions by customers. We collect user information in accordance with the principle of minimum necessity

Security access control strategies Network Determination of security measures and provide clear reminders and notifications in user registration login and authentication. We define users' rights in

Security controlling their data and ensure that users have the right to access correct and delete their personal data. We also protect

Management user information through encrypted storage desensitized display DID digital identity and other technologies.On-site incident Judging the incident Initiatives Regular inspections Vulnerability scanning

analysis state

ct he

Determining the Determining the C Security audits Security monitoring

incident object incident time

Network security monitoring

Problem investigation Expert judgment

Organization Preparation

Emergency Security

Problem elimination Summary of the emergency incident Response Monitoring Implementation Summary

Mechanism and Drills

Network security emergency response Network security drills

Updating Network Optimizing Operation

security policy upgradation processes guarantee

Close-loop network security management system of the company

tection Capao br iliti

ic P

es

asB

Pla

ck

tection Capabiliti

asic

Pro es

B

otection Capar bilit P ies

Bas

ic

o

A30 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 3132 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 33

Pursue Superior Quality Quality Management Model

We have innovatively summarized the "Time-Space-Gongfa" originality quality management model rich in natural and cultural

Based on the long farming culture rich cultural heritage and a wealth of experience in quality management Kweichow Moutai has characteristics based on years of production practice. We coordinate and balance the natural human and ecological elements

proposed a new quality management structure including quality culture "Time-Space-Gongfa" originality quality management model contained in the "Time-Space-Law" model to maintain the quality and characteristics of Moutai."365" quality management system and new matrix control mechanism from four dimensions- culture approach pathway and measure

so that the philosophy of "quality is the soul of life" is implemented by all employees and applied to all scenarios throughout the whole tune with the

industry chain. eep in timK es

Quality Culture The rule

of time

Taking the philosophy of "quality is the soul of life" as its belief in quality we care for our soul of life with "Originality Soul Method

Technology Talents". It adheres to the quality concept of "honoring the principles abiding by the rules sticking to the craftsmanship The rule The needs of

cellaring enough baijiu to age and not selling freshly brewed baijiu" throughout the entire lifecycle and strictly implements the work of term the times

requirements of "Three Prohibitions Four Compliances and Twelve Perseverance" in the production process making quality culture a

consensus among all employees and resulting in excellent products and first-class services.Time

Forge quality soul

Implement the philosophy of Brewing Originality

"quality is the soul of life" space Traditional

Gongfa

Space Gongfa

Soul

Always maintain originality Build quality method Ecosystem Scientific

interpretation

Stick to the original principle Execute full control over the

of "Reach for higher ground entire processes scenarios Social Regulations

with quality as the priority Quality and employees responsibility and standards

philosophy al c w

of "five ond loit Folio

craftsmanship" ns

"Time-Space-Gongfa" Craftsmanship Quality Management Model

Cultivate quality talents Refine quality technology

Strive to build first-class Enhance modernized quality

craftsman teams research management with the

teams and cultivate support from standards and

management elites techniques of production

quality management

Originality

the laws

log

y T

o an lh ec ne tT s

oc

t to

l

dapA

Metho

d34 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 35

Quality Management System Matrix Quality Control Mechanism

Guided by the "Time-Space-Gongfa" originality quality management model we actively promote quality improvement. It comprehensively Focusing on the quality responsibility system quality performance system and quality supervision and assessment system we have

constructs and implements the "365" quality management system that clarifies three objectives six tasks and five guarantees. With built a matrix quality control mechanism with PDCA cycle as the core and continues to improve its quality control capacities for all

that it advocates every employee is a quality officer and every day is a quality day. scenarios in the entire industry chain throughout the entire lifecycle from "improved seed varieties" to "fine products"."365" quality management

"3" objectives "6" tasks "5" guarantees Quality culture system

A better quality management Quality management by all employees Organizational leadership

system Quality is the

Quality synergy throughout the whole Talent support soul of life

Balanced region-wide quality region

Financial support Always maintain Forge quality soul Build quality method Refine quality Cultivate quality development

Quality control throughout the full life cycle originality technology talents

A leap in the overall quality Supervision and assessment

level All-round quality supervision throughout

the whole process by all employees Publicity Cultural leadership

Daily inspection

Construction of coordinated quality and Quality Leadership by the quality

ecological development community Group specialistDecision-making on quality Quality control

Modernization of quality governance * Top-level design * Plan as a whole by the chief Process quality

capacity Quality Committee * Strategic planning quality officer assessment

* Command and * Daily management by the

coordination P D quality specialist Product quality

* Supervision by the quality supervision spot

Chief quality officer supervisor check

Quality system

audit

Quality specialist

Quality improvement Quality supervision

* Enhance team A C * Quality supervision and

Type inspection

The quality management maturity5 of 2023 The batch inspection coverage Quality supervisor professionalism guidance

* Prompt rectification of

rate of the outgoing products the * Quality supervision and issues and deficiencies inspection Unannounced

906.2 pass rate of product supervision inspection points (Excellent level) spot checks and the pass rate of 100% Quality inspector Special

the outgoing products were Daily operation investigation into

quality event

Supplier

Product quality assurance index The promptness of product quality Procurement Process Product Quality of Quality event

exchange reached 97.1% management quality quality quality service control

96.8 points (Excellent level) Shortlisted as the national quality benchmark in 2023 Maturity of quality Product quality Product quality

management assurance index grading

The product quality score of Moutai baijiu Four QC achievements won gold awards at the ICQCC6 Whole process quality

Flying Fairy (Feitian) performance system

98.5 Won the first prize of 2022-2023 National Outstanding points (Excellent level) Corporate Culture Achievement Award

Matrix Quality Control Mechanism

5 Quality Management Maturity: Indicates the overall quality management level which is evaluated through a comprehensive score.

6 ICQCC International Convention on Quality Control Circles.

Multi-level quality

responsibility system

Responsibility implementation

Strengthen supervision

5+2 Quality supervision and

assessment system36 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 37

Food Safety Management

Establish a list of risks Identify and evaluate exogenous and endogenous food safety risks

involved in the entire industry chain and update them regularly.Strictly implementing the "four strictest" requirements for food safety we have set up a food safety director as well as food safety

officers in key production links and built a full scenario food safety responsibility system. By introducing various advanced detection

technologies and management methods we have established a food safety control system institutionally driven by risk prevention and

control processes and technologically driven by four food safety platforms.Strictly control the Implement such services as food safety risk assessment access for

entry of exogenous procurement materials procurement acceptance quality control and

risks production process quality and safety evaluation.Risk warning Risk assessment Risk response Risk monitoring

Domestic and

international Graded control

food safety Information gathering Research and

and sorting develop technical

Implement 1+1+N

Tighter control of

information method monitoringcritical risks Implement food Establish and continuously improve the rapid screening method system

Regular control of safety risk monitoring for food safety risk factors establish emergency systems such as the

Integration high risks Prevention throughout the entire Food Safety Emergency Response Plan and the Product Recall Control

interpretation and Screen risk factors Implement HACCP and control industry chainFront end control of Procedures and regularly conduct emergency drills.plan

Evaluation analysis low risks mechanism

of the

effectiveness Issue warning Draw a risk map Emergency response Monitoring change

of food safety prompts management dynamics

control system

Conduct daily inspections based on the risk control checklist take

measures to address identified issues and report them in a timely manner.Library of regulations Library of internal and Risk factor level Establish a working If no issues are identified it still needs to be kept in record and reported

and standards external risk factors database mechanism of "daily as a "zero report". Every week each production plant (unit) conducts

control weekly risks and hidden dangers inspection studies and proposes solutions and

inspection and forms a Weekly Food Safety Inspection and Governance Report. Organize

monthly scheduling". scheduling meetings to analyze and summarize the food safety control

Food safety management system situation and report to the leader in charge and deploy food safety control

work with focused goals for the next month.Moutai has established an industry-leading database on domestic and international regulations and technical standards related to

alcoholic foods. It has covered the entire industry chain. We also regularly identify and update domestic laws regulations and standards

related to quality and safety. Every year we release A List of Applicable Laws Regulations and Other Requirements for Quality and

Food Safety covering 365 laws regulations and standards. We have collected more than 1100 international standards related to

alcoholic foods based on which we regularly conduct quality and safety compliance assessments and analyses of alcoholic foods in key We have built a quality and food safety management platform covering all

export countries and regions. business scenarios throughout the entire process and connecting all key

business systems from the entry of raw materials to products leaving the

Based on the development of science and technology and the requirements of laws regulations and standards we have formulated factory. It supports 799 physical and chemical inspection items and more

quality risk assessment methods and management regulations taking into account the characteristics of the baijiu industry chain. Using than 260000 quality inspections. It has 35.88 million entries of quality

the risk matrix method we regularly identify and update the quality and safety risks throughout the entire industry chain. And we have management data assets forming 111 quality management data models

developed targeted and differentiated control measures to control these risks by levels and categories. which makes it possible to conduct real-time supervision and analysis of

quality and safety process data.Moutai has completed the certification of seven major systems including

the quality management system and HACCP system which have been

integrated for operation. Moutai has established 128 quality assurance

systems covering the entire industry chain 133 quality and safety System certifications

technical standards and 1123 control indicators.Product safety38 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 39

Deepen Technological Innovation Build Technological Innovation Platforms

We use the "1+M+N" technology innovation mechanism to gather internal and external innovation forces maximize the utility of

advantageous resources and orderly promote the construction and operation of the five innovation platforms of "two laboratories two

Moutai seeks to balance inheritance and innovation making inheritance more traditional and innovation more modern. We lay out centers and one station" making every effort to build the best platforms for scientific and technological innovation and achieving new

our innovation chain around the industrial chain. Empowered by digital technology we continue to develop relying on technological breakthroughs in the construction of traditional brewing science and technology innovation platforms.innovation and enhances our comprehensive strength in technological innovation.Guizhou Provincial Key Laboratory Key Laboratory of Specialty Sorghum Guizhou Brewing Engineering

of Industrial Microbiology Innovation Technology Research Center

Technological Innovation System Having ten approved scientific research Having completed institutional construction Entering the efficient operation stage projects; having systematically and promoted 12 scientific research projects; carrying out 30 scientific research

identified 8.37 million non-redundant Having six new varieties been granted plant projects; Having built a digital packaging

Adhering to the "four orientations" we build a scientific and technological innovation system supported by projects platforms and genes in brewing strains of which variety rights by the Ministry of Agriculture and production line and achieved online

talents and continuously improves systems and mechanisms. We draw upon basic theoretical innovation to further discover and 29.37% were new genes. Rural Affairs of the People's Republic of China. automatic detection of key processes.understand the brewing mechanism use modern scientific and technological achievements to continuously improve our modernization

level and promote high-quality development of our scientific and technological innovation work writing a new chapter for Moutai Era of

Mei in scientific and technological innovation.Improve the Innovation System and Mechanism The construction of five innovation platforms- "two laboratories two centers and one station"

We keep improving our innovation mechanism and management system to continuously enhance our capacity to control scientific

and technological innovation. We adjusted the members of the Science and Technology Committee and its subordinate professional

committees to efficiently plan and coordinate the operation of the innovation system. We implemented the mechanism of "open bidding

for selecting the best candidates" for making breakthroughs in technology R&D gathering innovative wisdom and resources and

stimulating innovation vitality. Guizhou Baijiu Manufacturing Innovation Center Chishui River Maotai Ecosystem Field Scientific Observation and Research Station

Entering the trial operation stage; Having Having promoted the construction of observation stations and carried out seven

admitted one new member unit and orderly R&D projects; having introduced Nine new atmospheric automatic monitoring

advancing 35 scientific research projects; devices and built two hydrological and water quality automatic monitoring

Having developed two testing prototypes to stations; having preliminarily constructed the basic database of Moutai Ecological

Implementing the mechanism raise the level of inspection and monitoring. Environment Big Data Platform.Improving the system of Efficient operation of of "open bidding for selecting

scientific research investment scientific research review the best candidates" for making

breakthroughs in technology R&D

R&D investment of Organized Open bidding for Independently built platforms

622 32 9 National level innovation platforms Provincial-level and above innovation platformsRMB million

review meetings research topics 6 9

A year-on-year increase of Reviewed More than

11.18% 120 450 Collaborative R&D platform

Strategic partners in scientific Collaborative teams for scientific Provincial-level and above collaborative

scientific research projects research teams involved research research and development innovation platforms

methods or plans

9 33 4240 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 41

Promote the Specialization of the Industry Chain Accelerate the Application and Transformation of Scientific and Technological

Achievements

We lay out innovation chains around the industry chain and deeply promotes the "4 dimensions" research system on raw material

cultivation the "five major core technology systems" in the brewing process and the "5-dimensional quality expression" technology We are gradually strengthening the transformation and application of scientific research achievements. We promote basic research by

systems enhancing Kweichow Moutai's driving force for high-quality development through comprehensive and deep innovation and focusing on such areas as brewing raw materials brewing microorganisms process equipment and technology brewing environment

creation. and ecology flavor and food safety and actively promote the transformation and application of scientific research achievements.F Basic ed av research Transformation and application of scientific research achievements by Kweichow Moutai in 2023

rov ora system Production p d l Gongfa

Im ees tie

s and ble area

ie

va

r Food safety Process

Raw control technology

material system Brewing control Drinking Product

cultivation process system comfort- qualityableness Diversity of crude Research achievements in brewing raw materials are promoted to growersH e

e ec ao lth ec

tiv s baijiu

l dog y Eff th

o Quality Liquor body Sensory The local standard for Henan Province Technical Regulations for the Production of y me evaluation design features and Baijiu-Brewing Wheat in Southern Henan has been formulated and released applied

system system typical style to the planting of organic wheat and over 1533333 m2 of new wheat varies in the

planting base in Southern Henan;

Five major core technology 5-dimensional quality Two new sorghum varieties Nuomao 2301 and Nuomao 2302 were bred and "4 dimensions" research systems expression registered. The Hongyingzi and Hongzhenzhu sorghum varieties were shortlisted as

one of the leading varieties in agriculture in Guizhou Province.Construction of industry chain projects

Continuous strengthening of brewing process control capabilities

Scientific research projects Developed or introduced Technology research A convolutional neural network model for rapid detection of sorghum indicators was

carried out around the "455" applicable advanced value chain coverage established improving detection efficiency by 60 times increasing the number of

R&D system technologies detection indicators by 4 times and improving detection accuracy to 99.6%;

158 41 93.1% We constructed a technology system for rapid identification and detection of the group of a key yeast achieving rapid detection of key yeasts and enhancing the

capacity to control the brewing process;

A near-infrared spectroscopy detection model for the physical and chemical

indicators of the materials during brewing process was established improving the

detection efficiency by 20 times.Achieving new breakthroughs in equipment research and development

We promoted the application of the concentrated grinding and rotation system for

brewing sorghum increasing the grinding speed by 9.7% effectively reducing labor

costs for transportation and improving the utilization of space;

Four detecting prototypes were developed the first ones of detecting equipment

developed by us; And one prototype was put into extensive application effectively

improving detection efficiency and effectiveness;

We established a digital packaging demonstration line comprehensively improving

the productivity for product packaging increasing production capacity by 1.57 times

and reducing product exchange rate by 6 times.42 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 43

Science and technology innovation awards granted to Kweichow Moutai in 2023 (partially listed)

Published Including and the first journal paper with

impact factor higher than

25 papers 15 papers indexed by SCI 15 in the industry

Award Project name Awarder

First Prize of Professional Competition

for State-owned Enterprises in Digital Gold Award at the ICQCC Applications

Scenario Innovation for intellectual Including Authorized

property rights invention patents

S2B2C Full chain digital control and collaboration Development of a new method for evaluating the

for marketing services quality of pit mud

invention

The State-owned Assets Supervision and China Association for Quality patents

Administration Commission of the State Council (SASAC) 107 50 23

First Prize of Science and First Prize of Science and

Technology Award Technology Progress Award

Evaluation of key environmental factors in the Exploitation feature analysis and application Proprietary technologies Leading technologies

main production areas of Jiang-flavor baijiu of yeast resources for Jiang-flavor baijiu based

and the research on their carrying capacity on multi-omics technology

China National Food Industry Association China Alcoholic Drinks Association 10 44

Preserve microbial Germplasm resources of brewing

Second Prize of China Quality Second Prize of IPv6 Technology strain resources over raw materials over

Technical Award Application and Innovation Competition

Research and application of key technology for 8400 strains 100 kinds of wheat

Moutai industrial Internet and the evolution

5-dimensional quality expression of Moutai Jiang-

application and construction practice of IPv6 has increased

flavor baijiu based on consumer perception

China Association for Quality China Academy of Information and kinds of sorghum

Communications Technology 6.67% 30044 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 45

Lead Industry Development Promote Industrial Innovation and Development

We have established a corporate standard system with Moutai characteristics that covers the entire industry chain including 160 In 2023 in terms of management and control we launched a business and finance integrated platform with the "Human Resources

technical standards in 13 categories and 1123 control indicators to implement strict quality control throughout the entire product Financial Management Warehousing and Logistics and Legal Compliance" as the core to promote the integration of business and

lifecycle. Giving full play to its leading role in technology in the industry we promote scientific and technological innovation in the finance. In the supply chain we have built platforms for procurement and supply as well as warehousing and logistics to integrate

baijiu industry. We participate in industry associations actively respond to initiatives and preside over and revise various standards of procurement and supply processes. In addition we have achieved online collaborative transportation with 1884 suppliers effectively

alcoholic drinks making continuous efforts to contribute "Moutai Standards" to raising the technical level of the industry and improving improving the operational capabilities of both supply and demand sides. We have integrated the information on Moutai baijiu during

the standardization system and thus promoting high-quality development of the industry. the entire process from rolling off the production lines to reaching the end consumers built our capabilities for end-to-end services that

integrated warehousing transportation and distribution in China and improved the efficiency of warehousing distribution and logistics.In terms of marketing we promote the standardized operation of iMoutai the digital marketing platform. Focusing on strengthening

platform construction expanding user scale and enhancing service experience we continuously enrich product matrix and user rights.In April 2023 iMoutai won the first prize during the Professional Competition for State-owned Enterprises in Digital Scenario Innovation;

As of December 31 2023 iMoutai has a total of 53.863 million registered users among whom 38.783 million are identity verified users

We scientifically summarized the characteristics of the traditional production

Presided over the revision of and average monthly active users of 11.683 million.the national standard Quality process of Jiang-flavor baijiu created sensory terms for its aroma

Requirements for Baijiu Part 4: characteristics that are easy for consumers to understand and established a

Jiang-flavor Baijiu visual expression system for its quality to meet the needs of different groups.Total registered users Average monthly active users

Participated in the formulation 53.863 million 11.683 million

and revision of three standards

namely the Terms of Daqu for We promote our standardization achievements and fully leverage the

Baijiu Brewing the Guidelines for leading role of "Moutai Standards" to drive the collaborative improvement

Water Footprint Assessment in and enhancement of industrial and supply chain quality.Food and Fermentation Industry Innovative Application of New Technologies

and the Daqu for Baijiu Brewing

We promote the construction of industrial Internet and the application of 5G and AI as well as blockchain for different scenarios to

improve its capacity to link upstream and downstream industries.In terms of industrial Internet Kweichow Moutai has obtained the operation license for secondary node of industrial Internet

identification and resolution in the alcoholic drinks industry and access to the national industrial Internet identification and resolution

system. It has completed the transformation of a new standard production line of Moutai baijiu and the upgrading of storage

infrastructure. It has issued nearly 16.32 million industrial Internet identifiers for Moutai baijiu and Moutai-flavored series products

Drafted two group standards We take scientific and reasonable carbon accounting and life cycle and nearly 17.44 million industrial Internet identifiers for 12 types of packaging materials from 69 packaging material suppliers.;

namely GHGs Accounting assessment of baijiu products with carbon label as the way to contribute

Methods and Reporting Standards to the achievement of carbon peaking and carbon neutrality of the We have carried out scenario-based collection of baijiu-making and brewing process parameters through the combination of 5G

for Baijiu Enterprises and Carbon

Footprint Evaluation Standard of baijiu industry and provide strong support for the green and low-carbon Internet of Things and machine vision. Visual algorithms digital models and other technologies have been introduced to facilitate

Baijiu Products development of the industry. the visualization of knowledge. Nearly 16.83 million pieces of brewing process data were collected. Based on the brewing process

data we have established the evaluation algorithm model for five major processes namely sorghum soaking (incorporate water

into sorghum one of the brewing materials) steaming and boiling in a steamer grains cooling and mixing with daqu stacking

fermentation and anaerobic fermentation. Therefore quantitative evaluation indicators are extracted to digitally interpret traditional

brewing processes;

We have built Moutai Tiangong Chain and Jiangpin Chain. We use "Tiangong Chain" to make iMoutai's lottery trustworthy and

ensure the compliance legality fairness and impartiality of the subscriptions providing users with privacy protection and preventing

Construction of Smart Moutai tampering. The "Jiangpin Chain" makes it available for us to collect data efficiently and securely during packaging production

warehousing and logistics terminal sales and other links of Moutai baijiu products and also enables the connection and integration

of multi-layer information and the storage of trustable digital evidence onto the chain forming a complete trustworthy traceability

Eagerly embracing digital change and ushering in the era of building Smart Moutai 2.0 we have enhanced the construction of digital information data chain. The two chains have achieved data pulling and consensus through cross chain bridges supporting cross

base and business system from seven aspects namely "terminal network cloud data application intelligence and security" and chain operations. As of December 31 2023 "Tiangong Chain" has generated a total of 1.7 million certificates with a cumulative

have been building basic platforms such as Moutai Cloud big data master data industrial Internet and blockchain to support safe and transaction volume of 51.6 million on the chain. The total number of transactions on the Jiangpin Chain is 53.79 million the total

efficient operation of digital applications. number of traceability certificates it generated is 51.56 million and the total number of cross-chain certificate transactions is 2.22

million. It has responded to 58.89 million inquiries of the public about traceability information of the products.46 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 47

No drinking inducement or instigation or No advertisements on mass media targeting

immoderate drinking; minors;

No description of an act of drinking; No promotion showing driving vehicles after

drinking;

No description of driving a car vessel or airplane

driving among others; No drinking or discriminatory content promotion in

places with religious or ethnic beliefs;

No explicit or implicit indication that drinking

relieves tension and anxiety increases physical Other content or situations prohibited by laws and

strength cures diseases or has any other efficacy; administrative regulations.No promotion indicating that drinking is harmless;

We clarify the ingredients and alcohol content on the product packaging and give a warning that [Drinking too much is harmful to health]

and other signs in the product label. We also add some warm tips such as [Not selling baijiu to minors] [No driving after drinking] into

the product introduction page of the official website and put [We advocate responsible drinking] [Underage drinking is prohibited] and

other signs in the TV advertisements Internet advertisements and other advertisements to proactively alert people to potential risks and

vigorously guide end consumers to drink responsibly.Execute Responsible Marketing Complying with the rule of "not selling alcoholic drinks to minors" and paying attention to the impact of alcoholic products on the underage population we urge our sales-oriented subsidiaries to develop and implement a responsible marketing system.Keeping a strong sense of social responsibility in mind and taking the "five-integration marketing approach" as the Kweichow Moutai Jiang-flavor (Moutai-flavor) Baijiu Sales Co. Ltd. Formulated Responsible Marketing Regulations

guide we are committed to protecting the legitimate rights and interests of consumers in an all-round way vigorously

advocating the concept of responsible drinking and promoting a healthy and civilized lifestyle. We keep improving

service capabilities and improving after-sales mechanisms in a bid to bring satisfactory services to consumers. Kweichow Moutai Jiang-flavor (Moutai-flavor) Baijiu Sales Co. Ltd. has formulated internal regulations related to responsible

Upholding the principle of integrity management we strictly abide by laws and regulations such as the Advertising marketing such as the Management Measures for General Distribution Brands (Products) which clearly require distributors

Law of the People's Republic of China the Interim Measures for the Administration of Internet Advertising and the to strictly comply with laws and regulations such as the Trademark Law of the People's Republic of China and the Advertising

Consumer Rights Protection Law of People's Republic of China and have formulated the Management Measures Law of the People's Republic of China in which there are clauses that state that it is prohibited to mislead consumers by

for the Marketing and Promotion of Moutai Baijiu Distribution System the Guiding Principles for the Management of making fictitious exaggerated one-sided or other misleading false advertisements on the products sales network or

General Distribution Products (Brands) the Marketing Activities Support Program for Kweichow Moutai Baijiu and other services.systems to standardize advertising and marketing and safeguard consumers' rights and interests.Kweichow Moutai Baijiu Import and Export Co. Ltd Formulated Responsible Marketing Regulations

Marketing Compliance

Kweichow Moutai Baijiu Import and Export Co. Ltd. has formulated the Policies and Management Measures of Kweichow

We keep improving the advertising review process. We have formulated the News Publicity Management Measures the Advertising

Moutai Baijiu Import and Export Co. Ltd. on "Responsible Marketing". It takes an active part in ensuring the authenticity and

Review Process and Operation Guidelines and the Advertising Positive and Negative List clarifying the dissemination content and

effectiveness of promotional content maintaining a good competitive environment protecting consumer privacy and data

review mechanism. We implement "three reviews and three proof-readings" reviewing all promotional information and content to be

and advocating responsible drinking. In addition the Company revised the Measures of Kweichow Moutai Baijiu Import and

released to the public to provide correct guidance to consumers from the root.Export Co. Ltd. for the Management of Expenditure for Advertising and Promotion Activities in Export Markets strengthened

We insist on strengthening content review. Adhering to the principle of authenticity we objectively describe product promotion and the audit methods and intensity for activities and advertising and strengthened the closed-loop management of activities and

don't include any suggestive or inducing words in the text and language expressions. On the basis of ensuring clear and distinguishable advertising from audit supervision to evaluation.images in graphic creativity and videos we review the elements in the images to ensure accuracy and verifiability. Meanwhile we strictly

implement the special prohibitive regulations for advertisements on liquor in promotion including but not limited to:48 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 49

Publicity and Training in Responsible Marketing The achievements of publicity and training in responsible marketing carried out by subsidiaries:

We strictly adhere to the code of conduct for responsible marketing and carries out special training on responsible marketing for the

staff of legal compliance departments brand promotion departments distributors self-operated stores and exclusive stores etc. In 2023 Kweichow Laymau Baijiu Co. Ltd. carried out training in service standards for exclusive stores and the

terminal sales system of Moutai baijiu further improving the sales service standards of exclusive stores and improving

the customer service level of store staff and carried out product knowledge training and responsible marketing policies

explanation for core terminal stores to strengthen the implementation of responsible marketing policies in stores.Kweichow Moutai Jiang-flavor (Moutai-flavor) Baijiu Sales Co. Ltd. conducted a total of 10 training sessions in 2023

Comply with laws and regulations; covering various marketing courses including responsible marketing with 1167 trainees.Principles of Comply with various rules and regulations formulated by the competent authorities and

responsible In 2023 Kweichow Moutai Baijiu Import and Export Co. Ltd. actively promoted responsible marketing and posted 16

marketing industry self-discipline conventions; articles on responsible marketing with 5512494 impressions and 111964 engagements.Comply with industry rules and market norms.The target audience shall not be minors pregnant women or other individuals who are

Target not suitable for drinking alcoholic drinks;

audience of

products and Avoid attracting minors in marketing or promotional methods;

advertising

Channels and self-operated stores are required not to sell alcoholic products to minors.Advocating Advocate responsible drinking and healthy lifestyles;

responsible

drinking Proactively alert people to potential risks of drinking alcoholic drinks.Real information on the product;

Accurate and

fair information Using misleading information to promote products is prohibited.Provide interpretation and training on the Code of Conduct for alcohol drinks advertising;

Legal

compliance Provide interpretation and training on industry regulatory requirements and market norms.Training on responsible marketing50 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 51

Responsible Marketing Audit Kweichow Moutai actively promotes the concept of responsible drinking

We conduct responsible marketing audits inspects marketing and promotion practices and rectifies issues if necessary to improve

business. In 2023 the Company participated the "2023 National Responsible Drinking Awareness Week" a nationwide public

welfare campaign initiated by the China Alcoholic Drinks Association (CADA). More than 1300 third-generation exclusive

stores of Kweichow Moutai Baijiu Sales Co. Ltd. and 187 experience centers of Kweichow Moutai Jiang-flavor (Moutai-

Kweichow Laymau Baijiu Co. Ltd. conducted annual responsible marketing audit flavor) Baijiu Sales Co. Ltd. participated in the event covering 32 provinces municipalities and autonomous regions

across China. During the event the Company promoted the concept of responsible drinking and strived to enhance the

awareness of responsible drinking among the public and consumers by posting posters at stores and distributing leaflets.In 2023 Kweichow Laymau Baijiu Co. Ltd. initiated the construction of its internal control system and compiled the

Internal Control Handbook of Guizhou Laymau Liquor Industry Co. Ltd. which includes marketing channel management

sales business management and customer relationship management. It regularly conducts responsible marketing audit The number of the third-generation exclusive stores of The "responsible drinking" campaign

conducting self-examination and self-correction for problems in marketing and disclosing the audit results. In 2023 Guizhou Kweichow Moutai Baijiu Sales Co. Ltd. amounts to has covered

Laymau Liquor Industry Co. Ltd. identified the lack of institutionalized standards for monitoring advertisements from an audit

and some advertisements were not monitored. In this regard it actively carried out rectification. 1300 32 Provinces autonomous regions

and municipalities

nationwide

Kweichow Moutai Baijiu Import and Export Co. Ltd. conducts responsible marketing audits

Kweichow Moutai Baijiu Import and Export Co. Ltd. has incorporated "responsible marketing" into its internal audit process

and actively provides relevant contents for audit including the publicity of Moutai marketing strategies products responsible

drinking and environmental protection through online and offline advertising channels.Advocation of Responsible Drinking

We take an active part in awareness campaigns to advocate responsible drinking. A poster on responsible drinking Leaflets on responsible drinking

Kweichow Moutai put forward the proposal of "advocating responsible drinking

together" in Global Spirits T3 Dialogue

The Global Spirits T3 Dialogue organized by the China Alcoholic Drinks Association and jointly initiated by Kweichow

Moutai Diageo and Pernod Ricard was held in London with the theme of "Driving innovation pursuing sustainability

and embracing future". We signed the Consensus on International Cooperation in Global Spirits T3 Dialogue jointly with

Diageo and Pernod Ricard regarding "advocating responsible drinking together" and some other issues. In this dialogue

we proposed three suggestions: establishing a "T3" hosting mechanism establishing a dialogue and communication

mechanism and advocating responsible drinking together.Regarding "advocating responsible drinking together" we hope to work together with other alcoholic drinks enterprises

to promote the concept of "drinking healthily and responsibly". The Company would like to join the International Alliance

for Responsible Drinking (IARD) in the future to actively promote the responsible drinking practices of the global spirits

industry.52 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 53

Improve After-sales Mechanism

We have established a customer service center revised the Management Measures for Customer Consultation and Complaints and

developed the Kweichow Moutai Standard Service Language for Exclusive Stores as well as the Kweichow Moutai Standardized

Service Language Handbook. In addition we have improved the channels and methods for customers to voice their concerns such as

the 400 customer service hotline self-operated stores in other provinces and regions and iMoutai as well as interviews and letters

continuously optimizing the customer complaint management system to improve the customer's consumption experience.Quick processing mode

of knowledge base

Feedback Processing by the knowledge base

Centralized

control Receive

400 hotline complaintsSimple

Customer service Customer

Center service center 0+3+3 processing

Self-operated stores mode

in other provinces Accept Distribute Complaint

Regular Receive Time limited

and regions type complaints processing

iMoutai

interviews and

letters Analyze

and Supervise

output Feedback

Little Red Book

Black Cat etc

Receive Emergency

complaints response Feedback

Emergency Spread Culture of Mei

response mode

o Ro

Customer Complaint Handling Process wRound t und three

Following the "Purple Line" development strategy Awakening

Rain of Insects Spring

we improve the "Nine Series" of cultural system and Water

Pure

Equinox Brightness

Beginning Grain Rain

vigorously promotes cultural dissemination. We actively of Spring Beginning

Great Cold 3 rd

Online Telephone demonstrate its culture to the world expands and enriches

d round of Summer

nd rou

n of Da

2 aqu

qu

Slight Cold of D Grain Buds

customer customer iMoutai the connotation and denotation of Moutai culture and

service service promotes the creative transformation and innovative Winter Solstice Follow the Grain in Ear

development of excellent traditional culture. nature and

Great Snow respect the Summer

man Solstice1

so rt d

Slight Snow f D oa uq n

n

d u Slight Heatu th r

o u

6 Da

q

7th round of

Annual service satisfaction rate Annual service satisfaction rate Satisfaction score: 99.36; Number of Beginning of Daquof Winter Great Heat

complaints related to products and

97.65% 99.14% Adhere to the Core of

Frost's Beginning

Descent of Autumn

End of

Cold Dew White Heat

services: 9957; Customer complaint Brewing Culture Autumnal DewEquinox

Xi

resolution rate: 100% s ao sr ha ( venAfter years of practice and summary we have established ghu tm o p nd se in ut t Rouo

Customer Service Satisfaction Scores a brewing culture that keeps in tune with the times

use)

adapts to local conditions and follows the law of nature.Moutai offers a full lifecycle product service that integrates consultation trading complaints product identification and exchange We schedule production cycles according to the 24 solar

and optimizes the consumer experience through standardized marketing service processes. It has formulated the Kweichow Moutai terms and extend "keeping in tune with the times" to the Connotation and denotation of Moutai's culture of

Management Measures for Product Replacement (Rework) and the Management Measures for Exchange of Leaking Bottles to cultural connotation of "Follow the nature and respect the "Follow the nature and respect the man"

continuously improve product after-sales management and services. It regularly provides product exchange services in offline stores man".based on the requirements of the entire product lifecycle providing customers with after-sales value-added services to meet their higher-

level needs and improve customer satisfaction. Moutai has established product identification service centers in various provinces across

the country clarifying product identification exchange principles management responsibilities and work procedures. In 2023 a total of

47076 bottles were exchanged in various stores nationwide with 25476 bottles being replaced under advanced exchange service. The

average replacement cycle was 8.23 days.Customer

complaint

Complaint

interface

Implicit Indirect Direct

Special

Round one

Round six

Round five

our

oun

d f

R

5

th round

nd

th

4 r

ou of Daququ

of D

a

put to se)

osh

a ( to u

Za m

in

sorg

hu54 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 55

Enrich the Cultural Connotation of Products 1.5L Guizhou Daqu Baijiu (Si Shui Liu Nian)

We have explored inspiration for our products from zodiac 24 solar terms Flying Fairy (Feitian) the intangible cultural heritage and Guizhou ethnic batik blue has been adopted as the main

other traditional Chinese cultural elements and created a series of cultural products empowering us with culture to create more value color tone of the product and the pictures serve as an artistic

and providing consumers with richer cultural experiences. expression of batik patterns with beautiful meanings presenting

unique Guizhou ethnic culture in multiple dimensions.Kweichow Moutai 24 Solar Term Baijiu

With cultural characteristics of the 24 solar terms at the core the

packaging is designed using "lustrous green" for the dominant

hue. It conveys the characteristics of the solar terms through Moutai Prince (The Chinese Zodiac Year of the Loong)

illustrations which showcase the harmonious coexistence of the

human and nature. The design of the liquor body has incorporated

the flavor and characteristics of seasonal crude baijiu giving each

The keynote of this product's packaging is Xiangye (a kind of light

product a unique seasonal flavor.yellow) and bright yellow is the dominant hue. The three paintings

Soaring Loong Painting Painting of Loong Soaring in Prosperous

Times and Auspicious the Year of the Loong created by the

calligraphy and painting artist are used as the core elements

highlighting the unique charm of the oriental aesthetic colors and

Chinese poetry painting and calligraphy.Scattering Flower Fairy Moutai

The packaging of this product has been designed focusing on

the elements of flying fairies in Dunhuang murals. The contour

line drawing technique has been used aiming to achieve the

effect of Wu Daozi's style with strokes full of changes and

vigor expressing the internal world of the characters. And the

bottles are made with a brand-new ceramic craftsmanship

demonstrating the style of rock color painting and presenting a

mineral ceramic texture consistent with Dunhuang murals so that

the product culture is in harmony with Dunhuang murals.Cultural and Creative Baijiu Jointly Launched by Moutai 1935 and Chinese National Geography

The design of this product has been inspired by the shape of

Hu Huanyong's Line or Heihe-Tengchong Line (the cultural and

geographical line of demarcation drawn by Hu Huanyong) with

illustrations imitating the landmark buildings along the line. It has

integrated the characteristic architectural clusters of eight major

cities concretizing and materializing the geographical research

value of the Hu Huanyong Line showcasing the geographical

style of China.56 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 57

Cultural Expression of Innovative Activities

We have innovatively carried out a series of cultural activities on the 24 solar terms to create our own festival culture IP using activities

as carriers to convey the beauty of culture; upgraded the Moutai Fans Carnival and the initiative for cultivating inheritors leaving

exclusive beautiful memories for consumers; carried out a series of activities named "Moutai World Tour with MEI" to promote China's

excellent traditional culture and provided a Moutai perspective for the world to understand China.Moutai's Global Tour with MEI Moutai Fans Carnival

From September 19th to 29th 2023 Moutai's Global Tour with MEI was carried out. We visited Japan France and the We fully leveraged the roles of Moutai Fans Carnival as a

United Kingdom in 11 days and carried out over 40 activities. It was a journey of thousands of miles and we experienced cultural communication platform image display platform

nine time zones. Guided by "MEI" following the three main themes of friendship culture and brand we have deeply exchange and mutual learning platform and upscale taste

integrated "A Spirit from China · A Toast to the World" into "mutual learning among different civilizations the harmony platform. It traveled across China with a Moutai cultural feast

between man and nature cultural integration industrial solidarity and pursuing dreams" exploring the new path for Moutai reflecting Moutai's views on beauty that is "Unique but

to promote "MEI" to the world promoting cultural exchanges and mutual learning between China and foreign civilizations United" respecting and treasuring the beauty of integration

through cultural expression and enhancing the reputation of Chinese brands. while maintaining Moutai's unique beauty. Started from

Xinjiang and winded up in Guangdong 2023 Moutai Fans

Carnival invited more than 10000 Moutai fans from different

fields and industries throughout the year.Inheritors Program

We made more efforts in the training for inheritors of Kweichow Moutai's century-old stores to enhance the inheritors'

Cultural activities on the 24 solar terms

awareness of the quality brand craftsmanship and cultural core competence of Moutai. We support and encourage

inheritors to join in the cause of Moutai and create a better life together. In 2023 a total of four sessions of Inheritors

In light of the 24 solar terms we innovatively carried out characteristic cultural activities such as the "Spring Equinox Forum" Program were carried out.and "Thanksgiving Activity on Qingming Festival" to promote the development of traditional Chinese culture and Chinese

baijiu culture through cultural innovations.58 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 5960 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 61

Addressing Climate Change Identification and Response to Climate Change Risks

Risk Type Risk Description Mitigation Measures

Kweichow Moutai responds to the national "carbon peak and carbon neutrality" strategy to tackle the challenges posed by climate

change. Following the framework and recommendations of the International Sustainability Standards Board (ISSB)7 it identifies climate * Conduct water footprint analysis and targeted research

The tightening regulations on

change risks and opportunities from four dimensions: governance strategy risk management as well as metrics and targets. This on reducing water consumption to reduce the probability river basin environment will

includes conducting GHG management such as carbon stocktake exploring response strategies and measures and collaborating with of impacts on products;restrict the use of the water in the

upstream and downstream enterprises to jointly address climate change risks and build a better home. Chishui River. * Plan the reserve and processing for key raw materials in

advance.We prioritize climate change risks as an important issue integrating them into daily operations and development strategies. We have

established an ESG Promotion Commission led by management to coordinate the overall green transformation of the entire value chain

providing reference and examples for the "carbon peak and carbon neutrality" efforts of the industry. The gradual implementation of

policies such as carbon trading * Develop and implement carbon reduction plans;

carbon taxes and environmental * Introduce green and low-carbon technologies;

taxes necessitates the imperative

Climate Risk Management Policy and transition to green and low- * Strengthen energy management during production

Legal Risk carbon practices imposing higher processes;

Kweichow Moutai has proactively identified and adapted to the physical and transitional risks presented by climate change and requirements on Kweichow * Implement energy-saving renovations and use low-energy

developed preventive measures and management methods for different types of potential risks aiming to achieve comprehensive Moutai's energy-saving and consumption equipment.emission reduction efforts.identification scientific assessment effective prevention and orderly control in a bid to enhance our ability to withstand climate change

risks and ensure sustainable and stable operations.Regulators have higher

Identification and Response to Climate Change Risks requirements for the accuracy * Strictly adhere to compliance requirements for information of environmental data reported disclosure;

by companies increasing the

pressure and compliance risks of * Monitor key environmental indicators during production Risk Type Risk Description Mitigation Measures

Kweichow Moutai's environmental and operations.information statistics.Extreme events such as heavy Transition

rainfall high temperatures Risk

mudslides and wildfires will affect With the government's stricter * Continuously advance the transformation of low-carbon

normal operations due to the controls on energy consumption and energy-saving technologies;

limited tolerance of the human * Closely monitor weather forecasts coordinate with local of manufacturers Kweichow

body; authorities to promptly obtain information on extreme Technical Risk Moutai needs to allocate more * Reduce energy input costs through resource recycling;

weather events; costs for energy conservation

Damage to infrastructure such and consumption reduction in its * Choose raw materials and suppliers that are more Acute Risk

as power supply water supply * Develop emergency plans for extreme weather events production and operations. energy-efficient and environmentally friendly.gas supply and roads will affect and set up a working group on the safety for extreme

raw materials supply logistics weather events;

distribution and energy supply * Reduce carbon emissions based on carbon footprint The market's preference for

leading to cost increases as well stocktake throughout the entire lifecycle;

Physical green brands and products is as reduced production capacity

Risk becoming increasingly evident * Implement lightweight transformations for packaging and performance indicators. Market Risk adding pressure to Kweichow materials to demonstrate the Company's determination in

Moutai's low-carbon production low-carbon transition;

* Continuously monitor reports on the trend of climate and operations.Chronic changes in the climate warming; * Increase the green level of waste resource utilization.environment will lead to changes * Carry out basic research on microorganisms and

in the quality and flavour of main determine the basic characteristics of microorganisms in * Strengthen communication with stakeholders to fully

ingredients such as sorghum Kweichow Moutai's core production areas; understand their demands;

Chronic Risk and wheat brewing microbial Failure to meet the expectations

environments and water * Conduct conservation research on important raw of stakeholders regarding climate * Promote the Company's progress in green and low-

materials involved in the Company's production to Reputational environments and quality thereby change initiatives may result in carbon initiatives such as green packaging sustainable

affecting the quality and flavour of understand their suitable growth conditions;

Risk

negative impacts on Kweichow procurement and circular economy practices;

the liquor. * Develop emerging water purification technologies such as Moutai's reputation. * Regularly disclose the Company's emission reduction

bank filtration to ensure the safety of brewing water. measures and their effectiveness.

7 ISSB is an independent international standard-setting body established at the initiative of the International Financial Reporting Standards (IFRS) Foundation and

formally launched at the 26th United Nations Climate Change Conference on November 3 2021 with the aim of developing sustainability reporting standards in line

with the IFRS.62 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 63

While identifying and responding to the foregoing climate change risks we have also been exploring new opportunities arising from it

aiming to integrate climate change into our business development strategy.We collaborated with professional organizations to conduct carbon peak and carbon neutrality research took the lead in

Climate Change Opportunities drafting the Greenhouse Gas Calculation Methods and Reporting Standards for Baijiu Manufacturers (currently soliciting

opinions from the public) and conducted verification of our GHG emissions from 2018 to 2023 to analyze and summarize

previous carbon emissions and effectiveness of carbon reduction pathways and proposed targeted improvement measures.Opportunity Identification Results Opportunity Description In the past two years the carbon dioxide emissions intensity per unit of industrial output has continuously decreased.With continuous introduction of lower-carbon technologies Kweichow

Resource Opportunity to Reduce Moutai can utilize emerging technologies to optimize energy management

Efficiency Energy Consumption in its operations improve resource and energy use efficiency and reduce Kweichow Moutai's GHG Emissions in 2023

operating costs.Index Unit Year 2023 Year-on-year variable ratio

National and consumer attention and favorability towards green products Direct GHG emissions (Scope 1) tCO e 244895.00 -4.40%

Products and Industry Development 2

Services and green factories are increasing. Kweichow Moutai can leverage this as a Opportunities

selling point for its products thereby enhancing its market competitiveness.Direct GHG emissions (Scope 2) tCO2e 9883.008 -82.57%

Total GHG emissions (Scope 1 2) tCO2e 254778.00 -18.57%

GHG emissions intensity tCO e/1 million units of

Climate-Related Metrics and Targets 2 2.95 -28.40%(Scope 1 2) industrial output

In accordance with the Opinions of the CPC Central Committee and the State Council on Comprehensively and Correctly Implementing

the New Development Concept and Engaging in Carbon Peak and Neutrality and the Action Plan for Carbon Peak by 2030 the

Company has developed the Kweichow Moutai Co. Ltd. Action Plan for Carbon Peak and Neutrality put forward a plan for pathways to

implementation of its dual-carbon action and set ambitious carbon control and reduction targets at various stages. 14.99%

3.74% Category 1 - Purchased goods & services

Category 3 - Energy and fuel

1.89%

Indirect GHG Category 4 - Upstream transportation & distribution

Short-term Objectives (2024) emissions

(Scope 3) 1.41% Category 5 - Waste generated in operations

Reduce comprehensive 76.42% Category 7 - Employees commuting

energy consumption per unit 1.16%

of industrial output by 14% Category 9 - Downstream transportation & distribution

0.39%

compared to 2020 Category 12 - Treatment of end-of-life sold products

Decrease carbon dioxide

emissions per unit of

industrial output by 19%

compared to 2020

Calculation basis: GHG emissions are verified by a professional third-party organization in accordance with ISO 14064

Decrease carbon dioxide IPCC guidelines the Guidelines for Greenhouse Gas Emissions Calculation Methods and Reporting in Food Tobacco

emissions per unit of base 7% Alcoholic Beverage Beverage and Refined Tea Enterprises (Trial) Greenhouse Gas Calculation System: Code of Conduct liquor production by for Enterprise Calculation and Reporting as well as other applicable regulations.compared to 2020

8 In 2023 both the headquarters and Heyixing Branch purchased green electricity leading to a significant reduction in Scope 2 emissions.64 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 65

Product Carbon Footprint Green Operations

In 2023 based on environmental footprint analysis methods and referencing national standards such as the Guidelines for Greenhouse

Gas Emission Calculation and Reporting in Industrial Enterprises and Greenhouse Gases - Product Carbon Emissions - Requirements

and Guidelines for Quantification and Communication Kweichow Moutai developed a carbon footprint analysis model. Starting from a The Company strictly adheres to relevant laws and regulations such as the Environmental Protection Law of the People's Republic

life cycle assessment it established a carbon footprint list and conducted assessment and analysis on the carbon footprint of suppliers of China and has developed a number of environmental protection management regulations such as the Overall Plan for Building Xi

raw materials resources energy waste emissions products and by-products etc. involved in production to promote the development Jinping's Ecological Civilization Practice Demonstration Base and Building the Company as a Role Model for Environmental Protection

of a full-lifecycle efficient and low-carbon utilization system. in the Industry Environmental Protection Compliance Guidelines Environmental Protection Management Regulations and Rules on

Environmental Protection Work Assessment to ensure the establishment of a sound and comprehensive system of green operations

thereby guaranteeing environmental compliance in production and operations.Carbon footprint target for 2024 Environmental Management System

Reduce carbon dioxide emissions per unit product by 2% compared to 2020. The Company has established an environmental management system covering the decision-making management and execution

levels. It has developed the Comprehensive Assessment Management Measures specifying that environmental protection performance

is linked to the remuneration of senior executives and relevant staff to ensure the implementation of environmental management

responsibilities at all levels.Lifecycle of the Carbon Footprint of Main products9 The Ecology and Environmental Protection Committee chaired by the Chairman makes decisions and

arrangements regarding all environmental protection management and performance of the Company.Decision-making

level

Special committees for green and low-carbon development as well as water environment management

have been established for specialized management.Management

level

The daily management and execution of relevant work are the responsibility of the Office of the Ecology

and Environmental Protection Committee the Office of Emergency Response for Environmental Incidents

and its emergency response teams the Office of carbon peak and carbon neutrality Management and the

Stage Raw materials Manufacturing Transportation and Distribution and Product Use and

10 Office of Water Resources Management.production operations logistics operations store operations Disposal Execution level

including suppliers

Share of

Carbon

Emissions 50.40% 20.23% 0.96% 2.25% 26.16%

9 Carbon emissions are calculated based on the carbon dioxide equivalent emitted by each bottle of product at each stage.

10 The product use and disposal phase refers to the process of product use waste generation and disposal.66 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 67

Environment Process Management Emergency Management for Environmental Incidents

The Company has been optimizing its environment process management model. Through channels such as telephone interviews and The Company developed the Emergency Plan for Sudden Environmental Incidents at Kweichow Moutai Headquarters in accordance

on-site exchanges it has gathered the expectations of stakeholders. From the dimensions - quantity speed quality cost-effectiveness with relevant laws and regulations such as the Environmental Protection Law of the People's Republic of China and Emergency

harmony and innovation it has put forward 24 main requirements of stakeholders for environment management. With the tool - Key Response Law of the People's Republic of China. Emergency drills and specialized training for sudden environmental incidents were

Success Factors (KSF) matrix it has identified seven key requirements for the environment management process. conducted covering over 50 subsidiaries shop floors and organizations.Kweichow Moutai's emergency drill for sudden environmental incidents in 2023

1. Strengthen brewing During the reporting period we did not

ecological protection experience any significant environmental To enhance the emergency response capability for sudden environmental incidents the Company conducted an

Enhance the protection of brewing water v iolat ions and our environmental emergency drill in August 2023 adopting a blind exercise format for practical training. This approach enabled the

sources

management system GB/T 24001-2016/

Improve air quality identification of problems improvement of plans and accumulation of experience further strengthening the practicality

Maintain the stability of the micro-ecology ISO 14001:2015 certification was within operability and effectiveness of emergency response.in the production area the validity period.Assist in the green protection of the basin

2. Enhance pollution control

Improve the environment

management system

Reduce pollutant emissions

3. P romote efficient utilization Emergency drill

of resources and energy

Increase the energy utilization rate

Increase the resource utilization rate

Facilitate the recycling and utilization Emissions Management

of waste materials

The Company improved the treatment of wastewater waste gas and waste and reduced discharge of pollutants by firmly preventing

4. Promote green and low-carbon pollution at the source strengthening control at key points and strictly managing the end treatment to ensure compliance with relevant

development laws and regulations for discharge of all types of pollutants.Reduce GHG emissions

Wastewater Discharge Management

Certificate of Environmental The Company strictly follows relevant laws and regulations such as the Water Pollution Prevention and Control Law of the People's

5. Green tech innovation Management System Certification Republic of China. With the principles of grading and classification classified treatment and resource utilization the Company has

New technologies processes carried out systematic construction and upgrading of the factory area's pipeline network and sewage treatment facilities. This has

materials and equipment resulted in a daily wastewater treatment capacity of 23000 tons. In the meantime plans are underway to construct the Chinese

Ecological Wetland to purify and reuse the treated "tailwater" to reduce the impact on the Chishui River ensuring effective pollution

prevention and control efforts. Research projects such as production wastewater characteristic analysis biological amplification and

6. Improve the environment comprehensive utilization of high-concentration sewage have been conducted. Also efforts have been made to develop regulations

monitoring system relating to the treatment process equipment management and operational supervision of production wastewater from producing the

Build a data management platform Jiang-flavor Baijiu.for environment monitoring

Wastewater Discharge

7. Enhance the modern

environmental governance system Index Unit Year 2023 Year-on-year variable ratio

Ensure legality and compliance

Timely resolution of environmental Wastewater discharge volume 10000 tons 215.17 -4.10%

issues

Timely elimination of environmental 10000 tons/1 million units of

hazards Wastewater discharge intensity 0.0025 -16.67%industrial output

Calculation: Wastewater discharge intensity = Wastewater discharge volume / Unit industrial output68 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 69

Management of Exhaust Emissions Management of Waste Discharge

The Company's exhaust emissions primarily consist of sulfur dioxide and nitrogen oxides generated during the production process. We We have strictly followed relevant laws and regulations including the Law of the People's Republic of China on the Prevention and

adhere to the Law of the People's Republic of China on the Prevention and Control of Atmospheric Pollution and have equipped each Control of Environmental Pollution by Solid Waste and developed the Solid Waste Control Procedure Regulations on the Management

emission point with comprehensive environmental protection facilities to ensure stable compliance with emission standards for various of Waste Materials Recycling and Regulations on the Management of Hazardous Waste based on the principle of resource utilization

types of exhausts. In addition nitrogen oxides carbon monoxide ozone and other indicators have been monitored at five air quality green development ecological development standardization and reduction to strengthen the management of solid waste. Guided

monitoring stations within the plant area. In 2023 the emission rates and concentrations of various exhausts from the Company met the by ecological industrialization and industrial ecology we have standardized the disposal of hazardous waste significantly reduced

corresponding limit requirements set forth in the Emissions Standards for Air Pollutants (GB16297-1996). construction and kitchen waste etc. and raised the awareness of all staff members for environmental protection.Waste Emissions

Strengthen the standardized management of dust from construction projects and roadways

Dust generated from within the Moutai Baijiu Geographical Indication Protection Area to strictly control the emissions Index Unit Year 2023 Year-on-year variable ratio

construction and

operation sites of air pollutants from the source such as inhalable particles lung-damaging particles and Ton per 100 million yuan of

ozone. Density of total waste 541.43 -8.04%industrial output

Utilization rate / 100% /

The Company has been using natural gas which is clean energy as fuel for boilers and

Nitrogen oxides

generated from installed continuous emissions monitoring systems for flue gas in boiler rooms to monitor

boiler operations nitrogen oxide emissions in real time. We are piloting the installation of denitrification facilities to

substantially reduce emissions of nitrogen oxides.Promote green transportation by advocating for employees to use public transportation for

personal travel encouraging the use of new energy vehicles promoting the "3+3" plan for new Energy Management

Vehicle exhaust energy vehicles in the factory area and improving the infrastructure for new energy vehicles

emissions

in the factory area. In 2023 the proportion of new energy vehicles in the factory area reached The Company has increased resource utilization efficiency through measures such as optimizing manufacturing processes and

14.3% an increase of 5.5% from a year earlier. upgrading equipment to integrate the concept of energy conservation and emission reduction into all aspects of its production and

operations. During the reporting period we have been optimizing energy water resources and packaging material management to

promote the optimization of resources allocation and sustainable production.We have strictly adhered to relevant laws and regulations such as Law of the People's Republic of China on Energy Conservation

developed the Energy Management Manual Energy Operation Management Regulations and Energy Data Management Regulations

etc. and followed the principle of law-based management technological progress consumption reduction and efficiency increase

A negative pressure pipeline conveying system has been added and improvements have been effective supervision and sustainable development to strengthen energy management ensuring that the GB/T 23331-2020/ISO

Daqu-making dust made to the daqu-making system. As a result the concentration of dust in the daqu-making 50001:2018 Energy Management System certification remains valid. We have established an intelligent energy metering platform to

production room was effectively reduced. have online monitoring and automatic analysis of equipment and energy consumption data within the factory area and developed annual

energy targets and metrics that were broken down into various stages of production and operations to manage energy consumption

as part of our efforts to serve as a role model for resource conservation. We have given priority to suppliers of environmentally friendly

and resource-saving materials explored and practiced low-carbon emissions and clean production and promoted the sustainable

development of the value chain. In 2023 we optimized our energy structure by purchasing green electricity to build a new type of

electricity system purchasing a total of 91.702 million kWh of green electricity achieving the carbon reduction goal of full coverage of

green electricity for both the core production area and the plant of Heyixing Branch.70 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 71

Kweichow Moutai's Energy-saving Measures in Various Stages

Distribution centers/

Manufacturing and operations Transportation and logistics store operations

Energy-saving and Emissions Reduction Plan Energy-saving and Emissions Reduction Plan Energy-saving and Emissions Reduction Plan

Develop carbon emission management systems and documents at the design procurement and production operation Implement green construction to save materials water energy Enhance employees' environmental awareness

control levels and coordinate the implementation and operation of the Company's resource allocation system. and land. through holding environmental protection

meetings conducting environmental lectures

Conduct feasibility studies on the application of electrode boilers. Improve space utilization through rational warehouse layout and training sessions and playing promotional

planning and adopt an intelligent warehouse management

Apply new technologies such as CO2 heat pumps high-temperature heat pumps and flash evaporation systems videos through multimedia.system to achieve precise inventory positioning and efficient

to recover waste heat and air energy resources within the plant to produce steam gradually replacing natural gas management further reducing storage costs and minimizing the Organize employees to fill out questionnaires

consumption in boiler rooms and energy stations. operation routes of handling equipment. sign the initiative - Energy Conservation and

Explore long-term green electricity procurement agreements with power trading centers to ensure the use of green Carbon Reduction Green Development Use advanced warehouse equipment to automate storage

electricity in the plant area. and Environmental Protection and guide conveyance and sorting highlighting environmental protection

"green employees to practice a lifestyle and work Expand the Company's electricity load capacity to meet future energy transformation needs. concepts saving energy and jointly building a

warehouse" approach of energy conservation emissions .Implement pilot projects for boiler flue gas waste heat recovery and utilization to improve the heat exchange effect of reduction green and low-carbon development.tail flue gas heat exchangers. Use digital and intelligent means to dispatch transportation

vehicles and implement centralized management and planning

Upgrade the steam supply network in 20 shop floors and build an intelligent steam supply network management to reduce the number of trips and waiting time for motor vehicles

system to reduce steam supply losses. improve the efficiency and quality of the supply chain and reduce

Phase out high-energy-consuming electromechanical equipment across all areas and replace them with new energy- energy consumption and carbon emissions.saving electromechanical equipment to reduce energy consumption and losses.Measures and Results in 2023 Measures and Results in 2023 Measures and Results in 2023

In 2023 both the Kweichow Moutai plant and the Heyixing plant achieved full coverage of green electricity; Implemented a pilot project for the recycling and reuse of Moutai Distribution centers and stores conduct

glass bottles within Guizhou Province;

Energy-saving upgrades were implemented for primary pump station equipment increasing water pumping efficiency environmental-related training as required by

by 30%; All 30 freight towing vehicles purchased in 2023 were selected the Company with nearly 200 establishments

to meet the National VI (B) emission standard and in the implementing energy-saving and emission

A waste heat recovery project was conducted during the distillation system's cooling process with potential to utilize

60% transportation of distiller's grains low-carbon and environmentally

reduction plans using energy-efficient

of the waste heat from the distillation system upon full implementation;

friendly clean energy transport vehicles were put into operation lighting fixtures and setting air conditioning

A photovoltaic power generation pilot project was initiated with an installed capacity of 84.8 kilovolt-amperes. based on the "not less than 20%" standard taking an important temperatures reasonably.step towards green transformation; The iMoutai platform adopts the principle of

After the completion and use of the Shuanglong Logistics nearby appointment and pickup to reduce

Park big data and Internet of Things technologies have been the transportation distance for delivery from

applied to collect and monitor the energy consumption of the stores.park in real time and conduct threshold analysis and anomaly

alarms to achieve visual diagnosable and controllable energy

consumption management and promote energy conservation

and emission reduction.72 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 73

Energy Consumption

Index Unit Year 2023 Year-on-year variable ratio

Non-renewable energy Tons of coal equivalent 144173.82 -8.05%

consumption

Renewable energy

Tons of coal equivalent 11270.18 108.41%

consumption

Comprehensive energy

Tons of coal equivalent 155444.00 -4.16%

consumption

Comprehensive energy Tce/1 million units of

1.80-15.89%

consumption intensity industrial output

Packaging Materials Management

The Company has improved the Implementation Plan for Product Packaging Materials for Green Supply Chains Finished Liquor Outer

Packaging Materials Recycling Management System and Regulations on the Management of Waste Materials Recycling promoted the

circular economy advanced green processes implemented the Green Transformation Project for Product Outer Packaging Design and

established green packaging design standards and blacklists for materials selection etc. to build a green supply chain.Packaging Materials

Management Measures

Management Measures Management Measures

Reduction Green development

It is required to consider reducing material consumption in all new product designs without compromising product quality and The Company revised and issued the New Product Development Management Regulations specifying the priority of using

user experience. recyclable biodegradable and environmentally friendly materials for packaging; and developed the Packaging Material

Technology Blacklist (Environmental Protection) List of Restricted and Prohibited Packaging Materials and Negative List

Progress in 2023 of Packaging Materials for New Product Development prohibiting and restricting the use of materials with quality risks and

In 2023 Kweichow Moutai adjusted the types of packaging materials for several existing products: environmental pollution.Reduced the variety of packaging materials: For certain products such as Feitian Moutai 53% and 43% vol new types of

anti-counterfeiting caps were introduced and packaging materials such as ordinary identifiers and RFID box labels were Progress in 2023

discontinued. The number of required packaging materials was reduced from 15 to 13 and the packaging volume of Alternatives to difficult-to-degrade materials: In 2023 the Company replaced pearl cotton with bamboo pulp paper trays

aged Moutai Baijiu was reduced. in the Moutai (Xunfeng) 53% vol 375ml; and strictly prohibited the proportion of using ceramic bottles for new products

Reduced use of paper products: For new products such as the Moutai (Treasure) 53% vol 500ml Moutai (Guimao Year Exploring the application of green materials: In 2023 the Company initiated 14 research and development projects in

of the Rabbit) 53% vol 500ml and Moutai (24 Solar Terms) 53% vol 500ml front and back labels were replaced with green environmental protection and new materials including 10 projects in the bottle field 3 projects in the cap field and

embossed bottles. 1 project in the printing field.Reduced amount of difficult-to-degrade: The velvet fabric was removed from the Moutai (Xunfeng) 53% vol 375ml

leading to an annual reduction of 34.41 tons of velvet fabric.Plan for 2024

Plan for 2024 Pilot programme for localizing packaging material recycling.Calculate the water and carbon footprint of the entire supply chain based on products and analyze the water and energy Application of bio-based green materials.consumption in the packaging material production and supply processes to identify key energy-saving water-saving and

carbon reduction processes. Exploring the recycling of bio-based green materials such as pit-bottom water and distillers' grains.Launch the bottle lightweighting research and development project.74 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 75

Recycling and reprocessing of broken glass Green Office

Moutai advocates for employees to save electricity and water practice low-carbon mobility and other low carbon behaviors and

The Company advocates environmental protection concepts and has proactively proposed the continuously increase awareness of energy conservation and environmental protection to create a better ecological environment.use of glass products in product packaging. This initiative supports suppliers in carrying out

projects for recycling and reprocessing broken glass. It is estimated that 24-36 million waste glass

bottles will be processed annually greatly reducing the environmental pressure caused by waste

discharge.Paper Promote the development and use of online information management platforms to accelerate

Recycling of recyclable packaging materials such as bottles and saving the transition to paperless operations.cardboard boxes through Kweichow Moutai's logistics

Since the end of 2022 the Company has initiated the Kweichow Moutai Glass Bottle Recycling and

Reuse Pilot Implementation Plan. As of the end of developing this report bottle recycling was mainly

piloted in Guizhou Province with 525547 bottles collected. Develop reasonable electricity usage plans include electricity usage in the cost assessment Electricity

saving of each organization's production and raise the awareness of employees for energy

conservation.Research on green packaging materials

The Company initiated a research project to use biodegradable polylactic acid (PLA) material to

weave red ribbons. Water Use reclaimed water for irrigating green belts in the industrial park to reduce the consumption

saving of fresh water for landscaping and raise the awareness of employees for water conservation.By using new environmentally friendly ink and innovatively optimizing the spray coating process

the environmental friendliness anti-oxidation and stability of the ink on the paper packaging are

improved.We have been actively exploring bio-based materials and studying the feasibility of plastic

reduction. Low- Implement odd-even license plate restrictions for vehicles and promote the use of public

carbon

travel transportation.Consumption of Packaging Materials

Kweichow Moutai organized conservation awareness training

Glass bottles Color cardboard boxes Metal bottle caps Ribbons

63440 tons 28304 tons 1185 tons 76 tons In 2023 the Company continued to carry out publicity

campaigns such as "opposing waste" "cherishing food"

and "saving meals" covering more than 20000 people in

the factory area. They were aimed at guiding employees to

be thrifty save resources and live a green life.Plastic bottle caps Ceramic bottles Cardboard boxes Total

2234 tons 7243 tons 10136 tons 112618 tons

Conservation Poster76 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 77

Water Resource Management Reclaimed water reuse pilot project

The Company strictly adheres to relevant laws and regulations such as the Water Pollution Prevention and Control Law of the People's To conserve water and increase the utilization of water resources the Company initiated a pilot project for the reuse of

Republic of China and Water Law of the People's Republic of China. Water resource management is integrated into the overall reclaimed water. The project was completed and put into operation in April 2023 with one production plant selected to

ecological and environmental management framework with continuous efforts in water-saving process upgrades and innovations replace fresh water with reclaimed water. It was used for purposes including toilets garages landscaping and cleaning

leading to continuous rise in water-saving benefits and water resource management. We have developed the Supplier Sustainable resulting in an average monthly saving of over 700 cubic meters of fresh water.Development Implementation Method clarifying the requirements for suppliers to implement water resource protection and recycling.We have collaborated with suppliers to explore water-saving optimization measures assist in improving water use efficiency and strive

to achieve sustainable water resource utilization throughout the lifecycle of the industrial chain.The Company has implemented quota management for water consumption in all aspects of production and operations. In 2023 the

water consumption at all stages both in production and non-production was analyzed to identify water-saving potential. Continuous

optimization of water consumption targets and water-saving benefits was pursued. Targets and implementation pathways were Kweichow Moutai called for suppliers to conduct water conservation renovations

established for subsequent total water intake production water quota and water consumption per unit of product.The Company has been promoting the concept of water conservation and supporting suppliers in implementing water-

Overall water-saving targets: saving reforms to promote the efficient use of water resources. Hunan New Century Ceramics Co. Ltd. implemented

The water-saving target for 2023 in Kweichow Moutai's production area is a reduction of rainwater and sewage diversion during the overall construction process effectively reducing both the discharge and

5% 7.5% treatment of wastewater. In the meantime they constructed an advanced wastewater treatment plant capable of with an actual reduction of ; treating up to 1000 cubic meters of wastewater per day with physical and chemical methods such as sedimentation

and coagulation to remove pollutants from wastewater. Guoci Yong Feng Yuan achieved "zero discharge" of production

The water-saving target for the production area of the Heyixing Branch is a reduction of wastewater by optimizing production processes and equipment.

2% with an actual reduction of 2.5%.

Kweichow Moutai's Water-saving Measures in Various Segments Boiler water treatment process renovation

Water-saving Segment Water-saving measures Achievements in 2023 A pilot project for the renovation of boiler water

treatment processes was initiated applying the

technology - "reverse osmosis + concentrated water

Independent laying of domestic and

greening pipelines with separate metering reuse". The boiler discharge rate decreased from

33% to 9%.

Implementation of pipeline reconstruction to Water saved:

control pipeline leakage about 232000m3 In 2024 the Company will further promote the pilot

Production

segment Boiler water treatment system renovation

project of reusing reclaimed water and expand the

scope of boiler water treatment process upgrades.Treatment and reuse of tailwater

Use of reclaimed water for greening and

sanitation etc. Water saved: The boiler water treatment shop floor after renovation

Replacement of water-saving appliances

Non-production about 167000m3improvement of water usage methods and

segment reduction of end water consumption78 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 79

Water Pressure Assessment Water Resource Management Data

The Company conducted an assessment of the water ecological capacity in the Chishui River Basin investigating the water quality

Index Unit Year 2023 Year 2022 Year-on-year

and ecosystem conditions within the basin. We established a SWAT model for dynamic analysis of water quality and microorganisms. variable ratio

Through longitudinal assessment of indicators such as COD and DOC in the water we identified the impact and risks of factory

production on the water environment and developed targeted solutions. Reuse of reclaimed water 10000 cubic meters 19.70 19.14 2.92%

Extraction of freshwater 10000 cubic meters 658.50 701.95 -6.19%

Water Footprint Calculation 10000 cubic meters/1 million

Freshwater extraction intensity 0.0079 0.0092 -14.13%

units of industrial output

The Company has been exploring alternatives to water sources and water resource recycling. We replaced water with residual crude

baijiu in production to produce pit bottom assessed the water environment of the Chishui River and analyzed the impact of different Total water extraction11 10000 cubic meters 658.50 701.95 -6.19%

water extraction methods on water quality. In 2023 we collaborated with research institutions to conduct water footprint assessments on

our main products.Water recycling rate12 / 87.07% 82.05% 5.02%

Consumption of freshwater 10000 cubic meters 847.96 892.11 -4.95%

Water Footprint of Moutai Baijiu

10000 Cubic meter/1 million

Freshwater consumption intensity 0.0098 0.0117 -16.24%

units of industrial output

Crude Baijiu Total water resource consumption 10000 cubic meters 847.96 892.11 -4.95%

making

Primary Water resource consumption 10000 cubic meters/1 million

production Daqu making 0.0098 0.0117 -16.24%density units of industrial output

Crude Baijiu

storage rooms

Sorghum 11 C alculation method: Freshwater extraction volume + alternative water extraction volume

12

Boiler Calculation method: (Recycled volume / (Recycled volume + water extraction volume)) * 100%

Wheat

Auxiliary

production Energy station

Wastewater

treatment

Production plant

bath

Paper products (cardboard Secondary

boxes and wine boxes etc.) production Production plant

Glass products (wine bottles Canteen

and wine glasses)

Primary

production Blending

Packaging

Secondary Workshop office

production cafeteria

Raw Materials Acquisition Stage Production Process Stage

Packaging Raw

materials materials

Finished Crude

product baijiu80 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 81

Protecting the Environment Biodiversity Conservation

In 2023 Kweichow Moutai conducted research on the establishment

The Company firmly centers around the goal - "Ecological Moutai" adheres to the basic principle of "business built on environmental of a vegetation ecosystem and coordinated protection of biodiversity in

protection" promotes ecological industrialization and industrial ecosystem conducts biodiversity conservation and water environment the core production area of Moutai Baijiu. The green spaces in the core

protection and restoration strengthens the conservation of the Chishui River water source land and water conservation and production area were divided into park green spaces protective green

continuously enhances ecological advantages. spaces plaza green spaces and affiliated green spaces. There are over

400 plant species and positive and negative lists of various types of

trees shrubs and flowering plants in the region conducive to the growth

and reproduction of Moutai brewing microorganisms and climate. In

Ecological Development Index addition through a survey of plant diversity in the core production area it

was found that the plant species in the production area primarily included

We have established an index system for ecological development to measure the overall level of green development of the Company. ferns gymnosperms and angiosperms totaling 455 species belonging

This system evaluates from four aspects: natural ecosystem industrial ecosystem commercial ecosystem and ecological civilization to 353 genera from 138 families (including cultivated species).across 11 dimensions and 39 levels. We have also conducted performance indicators improvement analysis to provide guidance for the

Company's green development efforts. In 2023. there's 4.63% year-on-year increase in Ecological Development Index. At the same time we have continued to protect microbial diversity and developed a framework for a high-throughput sequencing

database of microorganisms in the brewing environment as well as a key technology and an equipment for microbial detection. And 1946

Micro-ecological microorganisms were discovered in the Moutai brewing process and environment including 1063 bacteria and 883 fungi.Stability

2 indicators P

4 r

C

o l in d

e

d u

an

i ct c i

al at

o

o nr r Hundreds of Thousands of Eco-actionstu tem sNa sys

Eco The Company conducted an environmental protection activity with the title "Hundreds Thousands Millions: Eco Action" and

has established a regular mechanism to annually organize environmental protection exhibitions voluntary tree planting special

environmental protection inspections and rectifications and environmental protection training around the themes - "research and training

Ecological in hundreds of fields thousands of people planting trees and tens of thousands of people conducting inspections". This has helped

create a strong atmosphere of "everyone advocating and engaging in environmental protection".Development

Indicators for 2023

"Research and Training on 100 Fields" - Working together for green development

In February 2023 Kweichow Moutai held the event under the theme – "Research and Training on A Hundred Fields"

to promote green development. The Company showcased achievements such as the "Two Mountains" base and

biodiversity through exhibitions promoting the concept of green development to further enhance overall awareness.In addition we organized specialized institutions to conduct thematic training on "The Theory and Practice of Green

Mountains and Waters as Valuable as Mountains of Gold and Silver" and "Green Development and Environmental

Management" covering 800 participants. They learned about environmental policies development trends

implementation pathways and other knowledge to help enhance ecological environmental governance capabilities.

80

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6070

65

5060

40

30

20

Target Value 10

Actual Value A visit to an environmental protection exhibition The event - "Research and Training on A Hundred 0

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m82 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 83

Turning green goals into invaluable assets - A development model of coordination between a community of shared

"Thousands of People Planting Trees" - Building a green barrier together future of "mountains water forests land the river and microorganisms" and the green industry

Kweichow Moutai has adopted a holistic and systematic approach to developing a comprehensive protection plan for "mountains water forests

In February 2023 Kweichow Moutai launched the New land the river and microorganisms". Through multiple measures it has been promoting the ecological protection and restoration of the Chishui

River Basin (Renhuai section). It has conducted five major projects: increase of ecological water utilization improvement of air quality land pollution

Year tree planting activity. Company executives led control protection of microorganism and ecosystem balance. Transitioning from standard emissions management to target management based on

teams to the site and planted trees together with 2300 the ecological health of the river it has explored paths for harmonious coexistence between humans and nature. Through the green development

employees embodying ecological concepts through of the industry it has promoted the green and low-carbon transformation of the economy and society and accelerated the green transformation and

practical actions. In this tree planting event more upgrading of the Baijiu industry and optimized green clean and efficient brewing production processes thereby achieving symbiotic and mutually

than 7500 saplings including ligustrum compactum beneficial relationships between ecology and economy.osmanthus fragrans red maple and bougainvillea were

planted. As of now we have greened an area of over

240000 m2 by planting trees as part of our obligations. The event - "Thousands of People Planting Trees" Protecting microorganisms and enhancing quality and efficiency - Collaboratively promoting the protection of

microorganisms and the quality and efficiency improvement of the liquor industry

We have been proceeding with the ecological development index for quality improvement and efficiency enhancement for microbial resources

"Tens of Thousands of People Conducting Inspections": Safeguarding the conservation and the Baijiu production industry in coordination. We have established an ecological development index and indicator system to

ecological bottom line measure the overall level of green development of the Company comprehensively evaluating from four aspects: natural ecosystem industrial

ecosystem commercial ecosystem and ecological civilization across 11 dimensions and 39 aspects. We have also conducted performance indicator

improvement analysis to provide direction for the Company's green development efforts.We have been proceeding with the ecological development

In February 2023 the Company mobilized employees index for quality improvement and efficiency enhancement for microbial resources conservation and the Baijiu production industry in coordination.to conduct thorough inspections on environmental We have established an ecological development index and indicator system to measure the overall level of green development of the Company

protection jointly exploring ecological blind spots. The comprehensively evaluating from four aspects: natural ecosystem industrial ecosystem commercial ecosystem and ecological civilization across

focus was on comprehensive inspections of various 11 dimensions and 39 aspects. We have also conducted performance indicator improvement analysis to provide direction for the Company's green

development efforts. The Company is based on the fundamental concept of "environmental protection for the enterprise" promoting ecological

areas within the plant including pipes ditches wells industrialization and industrial ecosystem. We have carried out biodiversity conservation and water environment protection and restoration

ponds walls and relevant equipment and facilities. All strengthened the Chishui River water source and land conservation and continuously enhanced our ecological advantages.potential factors contributing to environmental pollution

were carefully identified and problems were promptly

discovered and resolved ensuring clear understanding

and effective improvement in our environmental Troubleshooting of environmental hazards Fostering green ecology with cultural tourism - Creating a fusion development model of "Baijiu culture and

protection work. tourism through the leadership of cultural branding

To strengthen the foundation for beautiful economic development and enhance the comprehensive protection of heritage sites Kweichow Moutai

has organized archaeological excavations of the "Origin of Moutai Baijiu " brewing industrial site and promoted the revitalization of cultural relics

related to the "Origin of Moutai Baijiu". Through national intangible cultural heritage such as the "Moutai Baijiu Making Technique" and national

Building the "Three Life Spaces" inheritors we have promoted Moutai's concept of ecological culture demonstrated the ecological charm of the Chinese liquor culture and facilitated

the transformation of ecological advantages into development advantages to achieve a win-win situation for the development of the tourism industry

cultural brand development and environmental protection.The Company based on the "Three Life Spaces" has initiated a special environmental greening plan for the core production area. We

planned the park green spaces protective green spaces plaza green spaces and affiliated green spaces in the region in a reasonable

manner and promoted ecological restoration and enhancement projects such as greening around production facilities in the core

production area the Zhonghua Ecological Wetland and the Ecological Protection Forest along the Tanchang-Maotai Express. This Boosting agriculture with green initiatives - Empowering characteristic resources to create models for rural

included increasing the planting area of green spaces increasing the green coverage of the park and building a green ecological space. revitalization through ecological agriculture

Kweichow Moutai has been leveraging the advantages of ecological agriculture in assisted areas to support rural revitalization and regional green

development. We have driven local ecological agriculture through our own demonstration bases ensuring the supply of raw materials for our industrial

Development of "Two Mountains" chain while creating employment opportunities for local farmers. In addition we have provided farmers with sustainable and diversified sources of

income through models such as land rental service outsourcing and profit sharing integrated the entire industrial chain from planting to production

to sales and incorporated local characteristic industries into our own industrial chain. This has helped foster the development of distinctive regional

The Company relies on the geographical indication protection area of ecological brands and enhance product added value to establish a development model where ecology and growth resonate in harmony.Moutai Baijiu to establish the Guizhou Chishui River Basin Moutai Baijiu

Geographical Indication Protection Ecological Demonstration Zone

(hereinafter referred to as the "demonstration zone") explored the model

of "ecology + culture" that features two-way transformation of "clear waters Empowering development with innovative systems and mechanisms - Holding the key to institutional mechanism

and green mountains" and "mountains of gold and silver" and put forward innovation to ensure the transformation of "Two Mountains"

five typical transformation paths: "turning greenery into gold protecting Kweichow Moutai has upheld the core strategic thinking of "stability at the top technological advancement and talent development" and has explored

microorganisms and enhancing efficiency greening with culture boosting the innovative institutional mechanism model of "institutional integration + technological innovation + talent development" in coordination. In terms of

agriculture with green initiatives and empowering creation". management systems it has established an integrated ecological environment management system that combines "establishing top-level systems Kweichow Moutai was awarded the title - A setting mid-level assessments and formulating bottom-level procedures" aiming to promote high-quality development through high-level ecological

Base of Innovation for Building Two Mountains

In October 2023 we were awarded the national honor – "Innovation environment protection and focus on conducting high-standard ecological environment protection in the Chishui River Basin (Renhuai section) to

create a model for environmental protection in the Chishui River Basin and the high-quality development of Baijiu brewing.Base for Practicing the Concept of lucid waters and lush mountains are

invaluable assets".84 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 8586 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 87

Creating a Happy Moutai Together Democratic Management

We have refined the Measures for Managing the Workers' Congress and Measures for Managing the Workers' Congress at the

Grassroots Level etc. and leveraged the role of the Workers' Congress in democratic management and oversight to safeguard the

The Company adheres to the talent concept that employees are the most valuable asset and talents are the most precious resource. rights of our employees to be informed participate and supervise. Each year we convene the Workers' Congress and holds joint

We have established a comprehensive recruitment development remuneration and welfare system throughout the entire talent chain to meetings of team leads on a regular basis to discuss major issues concerning the immediate interests of the employees. In 2023 97

attract cultivate employ and retain talents. We aim to create an equal and inclusive workplace while safeguarding occupational health proposals were collected classified handled with continuous follow-up and supervised by members of the Company's leadership team.and safety. They were all resolved in 2023.We implemented the "Happiness at Moutai" 2023 Plan for the Pilot Programme of Improving the Workforce's Life. Focusing on six We adhere to the communication philosophy of "equality candor and mutual trust" and have improved bidirectional communication

aspects including better work environment and occupational health management we have implemented our programme - "Happiness at mechanisms and created an equal and inclusive working environment. In 2023 we continued to understand employee demands collect

Moutai" by continually safeguarding the rights and interests of our employees and raising their sense of accomplishment and happiness. suggestions from employees and properly handle them through platforms such as the "Colleague Bar" "Direct Line to the Chairman"

field visits and workshops and surveys. Among them we have received more than 600 opinions and suggestions from employees

through talks and questionnaires; we have researched and handled more than 400 items of "Colleagues' Bar" concerning canteen

management wages and bonuses operation of official vehicles vehicle parking social security benefits and other matters of immediate

interest to employees; we have replied to and handled 45 matters related to employees' welfare and treatment on the platform of "Direct

Compliance and Equality Line to the Chairman".We follow the people-oriented concept by safeguarding the rights and interests of its employees improving its remuneration and benefits Employee Count for 2023

system and establishing a broad platform for talent development to build a diverse equitable and inclusive working environment.Number of Employees 33302

Compliance-based Employment Number of employees by gender (Unit: people) Number of employees by age (Unit: people)

We strictly comply with laws and regulations such as the Labor Law and the Labor Contract Law improving systems such as the Male 22357 30 and below 10483

Employee Recruitment Management Measures and enters into performs modifies terminates or rescinds labor contracts with

employees in accordance with the law. We adhere to equal pay for equal work respect employee rights avoid discrimination based on

geography ethnicity religion pregnancy etc. in all aspects and eliminate any form of forced labor and child labor recruitment. Female 10945 31 to 50 21410

51 and above 140988 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 89

Growth and Development We rely on the "four-in-one" education and training system making full use of resources such as the Employee Training School Moutai Academy and online learning platforms to provide categorized teaching and facilitate employee learning and growth. We have

formulated a series of systems such as Occupational Skill Level Recognition and Appointment Management Measures and Professional

To attain the Company's strategic objectives and realize the value of employees' career we established five major career development and Technical Personnel Title Evaluation and Appointment Management Measures to establish pathways for employees to improve

paths: managerial functional technical skill and marketing and provided a well-established training system and incentive plan to their education and professional qualifications.support the career development of all employees.In the meantime we have encouraged mass innovation activities such as quality control (QC) minor improvements rational proposals

and innovation workshops etc. to stimulate vitality among employees.Talent Development

Enhancing Skills Level Accreditation and Promoting "Certification for All Employees"

We have established a leading group for talent work under the Party Committee to coordinate talent growth and development efforts.We have deepened the talent development system - "Eight steps to cultivate craftsmen" and the talent development programme – "Four

plans" for talent training to continuously improve the employee training and promotion system and enhance talent equivalent density. In We developed the Trial Plan for the Evaluation of Master Technicians selecting the first wave of 10 master technicians at

2023 our talent equivalent density of technical skill13 reached 0.96. Kweichow Moutai.

Our competition "Versatile Craftsman" has been approved by the provincial Department of Human Resources and Social

Security and upgraded to a provincial second-class competition with 12 versatile craftsmen selected."Eight steps to cultivate craftsmen" talent cultivation system Ren Jinsu Skills Master Workshop was registered with the Ministry of Human Resources and Social Security as a

national skills master workshop.Induction training - "Into the furnace" Backbone cultivation - "Refining"

An application has been submitted to the provincial Department of Human Resources and Social Security to add two

Job training - "Forging" Excellent shift (team) lead- "Quenching" new independently accredited occupations (job types) bringing the total to 21 basically achieving the full coverage of

skills level accreditation.Skills recognition - "Smelting" Moutai Craftsman - "Sublimation"

In 2023 256 employees completed academic credentials authentication and registration.Master-apprentice - "Hammering" Technical Position - "Hardened into steel"

With the value chain analysis method we have established 338 positions horizontally divided into 5 major sequences and 30 sub-

sequences. Among them a separate technical and skills sequence was set up to better cultivate a specialized brewing team. The sales

sequence was delegated to sales subsidiaries for upgraded management. We also ensured the integration of modules such as salary

performance and job levels to promote employee career development."Four plans" for talent training

"Chief Plan" for leading talents: Cultivate leading talents who are loyal to the Company's

strategy capable of leading the future research and development of the Company and adept

at exquisite brewing techniques."Inheritance Plan" for brewing talents: Cultivate a team of outstanding backup talents in key

areas such as brewing tasting and liquor body design."Outstanding Youth Plan" for young talents: Cultivate business management talents with a

global strategic vision spirit of market exploration innovative management capabilities and a

sense of social responsibility."Elite Plan" for business management talents: Cultivate an outstanding team of backup talents

in fields such as natural sciences engineering technology and digital informatization for

technological innovation.

13 The equivalent density of technical skills is a characteristic index of a company which refers to

the weighted value of education professional title and skill level/number of employees. Training to Enhance the Overall Development of Backup Talents Specializing in Baijiu Tasting Born after 199290 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 91

Some Achievements of the "Eight steps to cultivate craftsmen" Internal trainer team building

Job training: Over 22000 sessions for new recruits training experienced staff training senior staff training and

specialized training in 2023. In 2023 we appointed the first wave of 48 internal

trainers and invited professional institutions to conduct

Skills recognition: Since 2020 nearly 20000 individuals have participated in vocational skills assessments for training on theoretical knowledge experience extraction

junior intermediate and senior brewers technicians as well as senior technicians. and teaching skills for these trainers to build a stronger

Master-apprentice: Conducted master-apprentice activities resulting in 442 mentor-mentee pairs (at the Company team.level) with 169 pairs formed in 2023.Excellent shift (team) lead: Since the inaugural "Gold Medal Class/Group Lead" selection in 2020 two rounds of

selections have been conducted totaling 183 individuals.Moutai craftsman: The "Moutai Craftsman" selection began in 2019 with three rounds completed totaling 207

individuals. In 2023 the Company appointed the first wave of

Technical position: Moutai brewing technical positions have been appointed every two years since 2016 with a

total of 255 people employed. 48 internal trainers First ceremony for appointment of internal trainers

Training achievements in 2023 Specialized talent training

428 66399 22567 In 2023 we conducted the third and fourth rounds In 2023 we organized offline training sessions with participants. In addition learning of specialized training under the "Chief Plan" and

accounts were opened on the online training platform with an average of 56 learning hours per person. The "Inheritance Plan" to comprehensively enhance

production quality management. Distinguished lecturers

training coverage rate for employees was 98% with an average training duration of 43 hours per person. from Jiangnan University Guizhou University and

Moutai Academy as well as the Company's leaders

Among these comprehensive leadership training programmes were conducted through various channels. Offline

were invited to teach aiming to deepen the professional

training sessions were held 63 times with 6562 participants and a total learning duration of 911 hours. Online capabilities of specialized talents.leadership training courses such as "Excellent Leadership - Co-creating Excellence with the Team" and "6E

Leadership Model Construction" had 537 participants with effective learning durations exceeding 1000 hours. Specialized talent training

"Moutai Cup" Chinese Baijiu Liquor Body Design Competition

In September 2023 we organized the first "Moutai

Cup" Chinese Baijiu Liquor Body Design Competition.More than 150 participants from 67 brewing enterprises

across 22 provinces municipalities and autonomous

regions gathered to exchange skills and learn from

each other. Our employees took home the first second

and third prizes in the competition for the Jiang-flavour

Baijiu.Group photo of leaders guests and participants92 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 93

Talent Retention Rights and Benefits

We have put in place a number of systems to implement personalized talent retention measures creating a strong atmosphere of We have laid a solid emphasis on employee benefits and care established a sound welfare protection system to provide personalized

cherishing respecting and valuing talents. We aim to win and retain talents through multi-dimensional pursuits in material spiritual and support for different employee groups and organized cultural and sports activities to create a warm and harmonious working

value aspects. atmosphere.Dimensions Retention Measures Institutional Mechanisms Benefits

Employee Remuneration Management

Leading remuneration in the industry and generous benefits We have contributed to social security funds such as pension and medical insurance for all employees established an enterprise

Measures etc.Retention annuity system and purchased comprehensive personal accident insurance and supplementary medical insurance. Strictly adhering

through to the Attendance Management Measures we have implemented statutory working hours and leave systems ensuring employees'

benefits Management Measures for the Selection statutory holidays as well as welfare holidays such as maternity leave breastfeeding breaks paternity leave and perinatal care leave. In

Incentives for scientific and technological innovation achievements of Scientific and Technological Innovation addition we have provided free meals for all employees arranged shuttle buses for commuting improved talent housing and provided

Achievements etc. comprehensive support for employees.In 2023 Heyixing Branch established talent apartments expected to solve housing turnover and accommodation problems for 2400

Smooth career development pathways professional talent Middle Management Personnel Management individuals.cultivation mechanisms and an open and fair competition-based Measures and Employee Training

system for talent study and development Management Measures etc.Retention

through Innovative and effective platforms such as Wang Li Skills Master Management Measures for Innovative Studios Care for the Employees

career Studio and Chen Jian Academician Workstation etc. etc.development We have fully recognized the key factors affecting the rights and interests of employees and have developed various measures to

Moutai "Spring Equinox" Science Technology Innovation and Implementation Plan for Moutai Talent Day provide personalized support for various employees.Talent Work Conference Grain Rain "Talent Day" and Autumn Activities and Implementation Plan for Moutai

Equinox Craftsmen Day etc. Craftsmen Day Activities etc.Party committee leaders connect with expert talents and establish Implementation Plan for Party Committee Adhere to the Collective Contract for the Protection of Special Rights and Interests of Female

talent service liaison mechanisms Contacting Expert Talents Workers ensuring their rights in terms of salary holidays promotion and special period

protection. We have purchased health insurance and maternity insurance for female employees

Provincial and municipal talent cards and talent service green Guidelines for the Application of High-level organized gynecological examinations cervical cancer screenings and breast cancer screenings

Retention cards Talent Green Cards Female employees and provided maternity leave and childcare leave. We have established a "Home for Female

through Employees" equipped with lactation rooms parking spaces for pregnant women and distribution

emotional of sanitary products for women during special periods. In 2023 we distributed labor insurance for

bonds Employee Health Examination Management all female employees and activities such as parent-child activities handicrafts and themed reading

Standards Work Plan for Party Committee

Symposiums and visits; reading clubs sporting events and rest were organized to enhance the sense of happiness for female employees.Contacting and Serving Experts and Non-

and recuperation; health management and housing etc.party Representatives and Three-Year Happy

Moutai Plan

Young employees Career path & planning get-togethers for unmarried young employees various interest groups as

well as greetings for employees getting married or giving birth etc.Measures for Managing Rational

Application of achievements proactive placement and adoption of

Recommendations and Measures for

rational recommendations etc.; career development paths such as

Appointment Criteria and Management of

technical guidance workers. Employees

Technical Guidance Workers etc. 22+8 vacation mode home visit leave and only one spouse stationed in other provinces/cities in stationed in other

provinces/cities principle etc.Retention Management Measures for Moutai Outstanding

through Moutai outstanding talents Moutai model workers Moutai Talent Awards Management Measures for

value craftsmen and most beautiful workers etc. Moutai Craftsmen Selection and Recognition Sick employees Visits to sick employees mutual aid fund and charity fund etc.and Reward Optimization Plan etc.Management Regulations for the Re-

Re-employment of retired technical and skilled personnel employment of Technical and Skilled Retired staff Visits to retired employees on the Senior Citizens' Day and Spring Festival personalized free health

Personnel etc. check-ups and various cultural entertainment and sports activities etc.94 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 95

Cultural and Sports Activities Strengthening fitness and nurturing physical and mental health: Kweichow Moutai

conducted sports activities

We promote a healthy lifestyle and enhances employee communication and cooperation through various cultural and sports activities

aiming to ensure a balance between work and life for employees and improve their cohesion and satisfaction.We led employees to participate

For the year 2023 there were 333 interest groups including cultural and sports clubs and English learning groups etc. with 5884 in the 2nd Zunyi Workforce

participants. 822 cultural and sports activities were organized creating a healthy living circle for employees "beyond eight hours". Sports Games and won the

men's basketball championship

and the men's 5-a-side football

championship and took part in

the badminton competition all

Songs and Dances Charm of Kweichow Moutai: The 7th Cultural and Art Festival contributing to a healthy positive

of the Workforce and virtuous atmosphere.We held the seventh Cultural and Art Festival of the Workforce covering various forms such as singing dancing

instrumental music recitation work-break exercises essays and creative design etc. Over 10000 staff participated

creating a youthful and positive corporate atmosphere.

2nd Zunyi Workforce Sports Games

We conduct annual surveys on employee satisfaction dedication and corporate culture identity through third-party online anonymous

questionnaires. In 2023 employee satisfaction reached 87 points dedication 93.5 points and corporate culture identity 94.8 points.Through cross-analysis of the data the employee engagement in 2023 reached 91.8 points showing a further improvement compared

to 2022.Employee turnover rate in 2023 < 1%

The 7th Cultural and Art Festival of the Workforce96 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 97

Health and Safety Health and Safety Measures

We have placed a high value on the occupational health and safety of employees consistently improved the occupational health and During the reporting period following external audits conducted by the China Association

safety management system and provided a healthy and safe working environment for employees to safeguard their health rights and for Quality it was determined that the Company's occupational health and safety

interests. system had no major non-compliance issues and operated effectively. We obtained ISO

45001:2018 certification for its Occupational Health and Safety Management System

covering the production and sale of the Moutai Baijiu and Jiang-flavor series Baijiu.We have extended occupational health and safety requirements to relevant parties

The Health and Safety System explicitly stipulating in supplier admission standards that important material suppliers and

labor outsourcing suppliers must have occupational health and safety management system

certification.In accordance with laws and regulations such as the Occupational Disease Prevention and Control Law and the Regulations on the

Supervision and Administration of Occupational Health in the Workplace we have developed the Occupational Health Management We have developed annual occupational health and safety management objectives and

System and continuously improved the framework for employee health and safety management. We have established an Employee implementation plans and implemented the safety responsibility system. All employees

Health Management Leadership Team led directly by the senior executives of the Company to coordinate health and safety strategies sign the Safety Production and Fire Safety Responsibility Agreement. Safety objectives are

and performance management improve the employee health organization management system and establish service guarantee also linked to employee performance.systems. Our general manager leads and promotes the strategic and performance management of health and safety.We have implemented the requirements of relevant national provincial and municipal Certificate of Kweichow Moutai's

documents deepened efforts to become a "Healthy Enterprise" and nurture "Occupational Occupational Health and Safety Management System

Health Experts" and has been awarded the provincial title - "Healthy Enterprise". And two Certification

employees were awarded the title "Occupational Health Experts".Employee Health Management Leadership Team

Office of the Employee Health

Management Leadership Team Kweichow Moutai's 2023 Safety Objectives and Achievement Status

Safety Objectives for 2022: Progress in 2023:

Number of major safety incidents: 0 Number of major safety incidents: 0

Operations Management System Production Auxiliary Systems Production Systems

Employee safety training ≥ 94% Employee safety training 100%

Timeliness rate of hazard rectification ≥ 94.5% Timeliness rate of hazard rectification 100%

In 2023 through data analysis it was found that the total number of work-related injuries at Heyixing

Branch decreased compared to the previous year but the number of sprains increased compared

to the previous year with most occurring among new employees. To address this on one hand we

strengthened safety education and training organized safety production "three-level" education

invited medical experts to promote the mechanism of sprains and share practical knowledge for

preventing sprains. On the other hand we introduced advanced technologies such as motion capture

conducted research projects to study how to help employees exert force scientifically strengthened

labour protection and further improved the standardization of actions. It proved to be quite effective

with a noticeable decrease in sprains among new employees in subsequent periods.Kweichow Moutai's Occupational Health and Safety Management Structure

Party Committee Office (Company Office)

Organization and Human Resources Department

Safety Management Department

Masses and Youth Department

Life Service Support Center

Corporate Culture Department (Media Integration Center)

Corporate Development Department

Finance Department

Audit Department

Ecology and Environmental Protection Department

Digital and Information Management Center

Planning and Construction Department

Production Management Department

Equipment and Energy Management Department

Materials Supply Center

Power Workshop

Maintenance Support Workshop

Production Material Distribution Support Workshop

Transportation Support Center

Life Service Support Center

Crude Baijiu production plants

Daqu production plants

Blending and Storage plants (Liquor Body Design Center)

Packaging Production plants98 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 99

Activities for the mental health care of employees

We launched a public account "Communication from Heart to Heart" on our online platform releasing information relating

to mental health knowledge 34 times throughout the year. Over 3000 copies of the handbook - Ten Elements of Mental

Health Literacy were printed and distributed to grassroots trade unions and teams for study. Throughout the year mental

health counseling services have been provided to over 90 employees.Pilot development of a "health cabin"

Centered around the health issues and needs of employees a multi-disciplinary team (MDT) provided preventive Specialized training on safety management Training on safety production and fire management in

healthcare services to employees through activities such as promoting health knowledge self-health checks healthcare packaging production plants

therapy and psychological care. This initiative aimed at creating the service model – "The union is by your side to ensure

your health every day."

Personalized occupational health protection

We have established a personalized occupational protection equipment repository customizing special dust-proof masks for

the daqu-making process and developing food-grade silicone shoes for workers involved in the fermentation process thereby

improving occupational health risk factors. Personalized occupational health examination plans are developed based on age

production plants and departments and job types to ensure the physical and mental health and safety of

employees.Specialized training on firefighting skills Specialized training on safety management of

hazardous chemicals

Safety Production Education and Training

We have conducted various safety education and training activities and organized safety

culture events in accordance with the Regulations on Safety Education and Training People obtained safety management

Management and the List of Tasks for the Safety Education and Training Outline to further qualification certificates

enhance employees' awareness of safety production and their safety skills.We organized a number of activities for the "Month of Safety Production" such as "Everyone 416

Talks about Safety and Everyone Knows Emergency Response" and our employees had an

increased awareness of safety. 1679 sessions on topics including hazardous operations risk

identification and control safety rectification and construction and emergency response as Specialized training on emergency skills Specialized training on standardization of

well as secondary and tertiary safety training were conducted with 45000 participants and safety production

a coverage rate of 100% for safety education and training. At the same time the professional

quality and work capability of the safety management team were comprehensively improved. The Company's investment in safety

In 2023 416 people obtained safety management qualification certificates. production amounted to RMB

In the fiscal year 2023 the Company's investment in safety production amounted to RMB 350

million. 350 million Safety Production Data of Kweichow Moutai in 2023

The Company implemented certification for special operations Work-related severe injury rate Work-related injury rate A year-on-year decrease of

It organized training assessment certification and re-evaluation for practitioners of special operations special 0% 0.56% 10.86%

equipment operations and hazardous goods transportation etc. 1558 people have completed the process with a 100%

certification rate for on-the-job operations100 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 101

Jointly Building a Booming Industrial Ecosystem In line with the Procurement Management Measures suppliers were comprehensively evaluated

based on aspects such as technology quality service and qualifications. The Legal Compliance

Department uniformly reviewed procurement documents and organized site inspections by

inspection teams according to project needs.We are committed to building a modern industrial ecosystem engaging with stakeholders throughout the industry chain to jointly Clear requirements were set for suppliers to provide relevant certification documents for

discuss construct and share benefits and continuously building the "three communities". quality environmental protection occupational health and food safety to ensure they had good

Supplier access qualifications and strength.management Research collection and verification of information related to supplier sustainability were

conducted to confirm whether suppliers met sustainability requirements.Building an Ecosystem of Supply Chains When drafting tender documents it was necessary to specify Kweichow Moutai's sustainability

requirements for suppliers.We adere to the management philosophy - "quality-oriented supply partnership building and modern chain integration". We have built 19 supplier access standards were formulated and qualification capability and on-site

"six supply chains" to continuously improve the supplier management system promote the transformation of supply management from assessments were conducted for important material suppliers."business" to "chain" and from "chain" to "ecosystem" creating a sustainable supply chain characterized by mutual trust long-term

stability and cooperation benefit.Continuously monitored the sustainability risks of suppliers supplier code of conduct risk

Building "Six Supply Chains" Supplier performance

response measures and the achievement of green indicators.management Incorporated sustainability indicators into the annual performance assessment of suppliers as a

key basis for the annual performance evaluation and classification of suppliers.Raw and auxiliary Build a supply chain of raw and auxiliary materials with high-quality varieties

materials supply chain advanced planting techniques and modem storage and transportation facilities.Package and storage Build an eco-friendly package and storage supply chain with professional design

supply chain and superior quality.Conducted regular meetings with key suppliers provided assistance and offered incentives to

Engineering supply Build an engineering supply chain with first-class planning scientific design and improve the sustainability of supply chains.chain excellent quality.Implemented classification and grading management categorizing suppliers into strategic

Service supply chain Build a service supply chain with professional services cutting-edge mindset and assurance and competitive levels to manage supplier relationships accordingly. In 2023 18 remarkable efficiency. Supplier relationship strategic suppliers 196 assurance suppliers and 218 competitive suppliers were identified.Equipment supply Build an equipment supply chain with stable channels efficient R&D and powerful management Enhanced the cultivation of strategic suppliers fully leveraging the theoretical and technical

chain operation and maintenance. advantages of the expert teams from strategic suppliers conducting technological research

exchange visits and training sessions and jointly carrying out research and development and

Build a digital supply chain with pioneering technology leading innovation and

Digital supply chain developing standards on digital development product technology innovation as well as green region-wide collaboration. and low-carbon environmental protection.Kweichow Moutai's Supplier Management in 2023

Strengthening Supplier Management

Index Unit Year 2023

We have continuously been improving the Supplier Management Measures Procurement Management Measures and Supplier

Relationship Management Regulations etc. and adhering to the principle of sustainable procurement. We have carried out sustainable

supplier access management performance management and relationship management in the pre- mid- and post-stages of supplier Number of collaborating suppliers - 432

management promoting the "Chain Leader System" aiming to gradually transition from "procurement management" to "supply chain

management" and from "transactional procurement" to "strategic ecosystem construction".Annual audit rate of suppliers % 100%

Cumulative number of suppliers trained - 763

Rate of contract fulfillment by suppliers % 91%

Supply network index - 87.3102 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 103

Working Together for Sustainable Development Deepening Communication with Suppliers

We focuse on the sustainable development of its suppliers adjusting and optimizing the Code of Conduct for Suppliers. It enhances We maintain open channels of communication with suppliers vigorously promoting the "quality" and "assurance" dual enhancement

sustainable management of suppliers by centering around four themes of sustainable development: employee rights occupational initiatives. It has organized various training and exchange meetings leveraging its own resource advantages to provide comprehensive

health and safety environmental protection and business ethics and integrity. support to suppliers thereby facilitating high-quality development.Supplier quality inspection

We require suppliers to commit to upholding employee rights ensuring compliance with decent

Employee rights & working conditions as stipulated by the International Labour Organization (ILO) and the United We carried out factory inspection and quality improvement assistance to 20 important package material

interests Nations Global Compact (UNGC) and creating decent working conditions and mandates that these

suppliers and the supply qualification rate and quality control level of the suppliers have been effectively

conditions apply to all its employees.improved.We require suppliers to provide and maintain a safe working environment and integrate good health

Occupational health and safety management practices into their operations including compliance with labor safety

Supplier training

and safety regulations conducting safety training providing employee protection and managing occupational

injuries and diseases. We organized 38 supplier symposiums training sessions and 15 quality analysis meetings ensuring early

detection communication and resolution of quality issues.We prioritize partnerships with environmentally friendly enterprises advocates for green

development improves the Blacklist of Packaging Materials (Environmental Protection Category)

Environmental and focuses on reducing environmental pollution risks from the product design stage. In the

protection Supplier supportmeantime we require suppliers to implement appropriate management systems and governance

frameworks to assess environmental risks implement appropriate control measures to mitigate

impacts and maintain responsible business practices towards the environment. We commended and tilted orders towards 26 suppliers whose quality indicators improved with incentives

totaling RMB 42883800. A total of RMB 215 million was invested throughout the year to support supplier bases.We adhere to the principles of compliance with laws regulations and discipline and have

established norms such as the Registration and Filing System for Business Operation Activities Supplier satisfaction

Business ethics in Material Supply Business and Prohibitive Rules on Integrity in Material Supply Operations and

and integrity Prohibitive Rules on Integrity in Procurement Operations and incorporated integrity management-

related content into supplier assessments. In 2023 the proportion of suppliers covered by the In 2023 the supplier satisfaction score of 97.6 exceeding 95 for three consecutive years. Analysis and sorting of

principles of clean procurement reached 100%. over 300 pieces of feedback and suggestions were conducted with 91% of them translated into work measures

and new research topics.104 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 105

Building a Stronger Distribution Team Jointly Honouring Responsibility and Commitment

We work closely with distributors to deepen market penetration guided by the "five integration marketing strategy" to enhance market

effectiveness. We share industry insights with distributors and provide specialized training to enhance their service capabilities.Through assessment and evaluation we encourage distributors to enhance their core competitiveness strengthen channel loyalty and We practice the responsibility concept - "Big Brand and Big Responsibility" strongly supporting the Kweichow Moutai Public Welfare

adaptability and form a strong strategic cooperative alliance. Foundation. In conjunction with the UNSDGs we have developed public welfare plans enriched the public welfare brand matrix and

gathered more positive forces to engage in social welfare industrial development and rural revitalization. Through various measures

we have been contributing to the shared prosperity of a better life for numerous families.Upholding Virtue and Mei

We have developed the Kweichow Moutai Distributor Monthly Assessment Management

Measures and the Kweichow Moutai Jiang-flavor Baijiu Marketing Co. Ltd. Distributor We adhere to the original intention of fulfilling social responsibilities and steadfastly engage in public welfare activities demonstrating

Standardized Management Measures to strengthen marketing network management; greater responsibility as it contributes to the process of promoting the Chinese modernization and achieving common prosperity. In

management 2023 leveraging the Kweichow Moutai Public Welfare Foundation and coordinating with relevant stakeholders and social resources we

We have incorporated clauses on distributor integrity commitments into the Distribution have delivered public welfare projects to extend the benefits of philanthropy to a wider range more fields and broader populations. We

Contracts to clarify the anti-corruption and integrity obligations of distributors. have paid close attention to and responded to social needs connecting various resources to help the needy and provide relief to make

people feel warm.In 2023

Training has been conducted in waves and by region. In 2023 we organized seven

Distributor physical training sessions for channel partners in Guiyang Beijing Xi'an Yantai RMB 274 million invested in charity

training Hangzhou Wuhan and Shenzhen covering all channel partners. Also monthly online

training sessions were conducted."China Moutai Backbone of the Donation to the China Youth Donation for "Moutai Prince ·

Nation" Educational Aid: Annual Development Foundation for Bright Youngsters": RMB

sponsorship for educational assistance: RMB

19400 individuals 100 million 20678700

Established a first-accountability mechanism and kept communication channels open;

Distributor Conducted regular surveys of distributors' needs through field visits and distributor

communication conferences to collect market information;

Donation for "Moutai 1935 · Great Donation for "Han Jiang Donation for "Guizhou Daqu·Love in

Held regular market work meetings and commended outstanding distributors. Physicians of the Nation": RMB Dedicated Heritage": RMB Every Drop of Liquor" Activity: RMB

1226620073533007005800

Leveraged the digital marketing platform - "iMoutai" as a link to empower distributor

Marketing partners working together to build the Moutai Baijiu sales channels achieving the goal of

Donation for "Laymao · Donation for "Wangmao Star Donations by distributors and

platform integrated platform sales unified online settlement and targeted offline distribution. Growth in Love": Over RMB Project": RMB suppliers amounted to RMB

building Integrated resources from all parties to build an S2B2C integrated online and offline sales

model promoting digital transformation in marketing. 1995000 369500 155492200106 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 107

Donation to the earthquake-stricken Jishishan County Linxia Gansu Province Supporting Rural Revitalization

On December 18 2023 a 6.2-magnitude earthquake struck We focuse on "upholding the bottom line promoting development

Jishishan County Linxia Gansu Province. We promptly initiated and driving revitalization" to accurately address assistance tasks. We

disaster relief response by donating RMB 15 million to the focuse on infrastructure construction industrial development and In 2023 the direct investment in rural

Gansu Provincial Charity Federation. Also our distributors in educational support among other areas implementing measures revitalization was more than RMB

Gansu Sichuan and Henan provinces collectively donated such as consumer assistance building beautiful villages and

RMB 4 million to the Gansu Provincial Charity Federation and fostering rural talents to promote the effective implementation of 51.7 million

the Qinghai Provincial Charity Federation to assist in providing "one plan for one village". In 2023 the direct investment in rural

emergency relief supplies and supporting post-disaster recovery revitalization was more than RMB 51.7 million benefiting more than

and reconstruction efforts in the affected areas. 50000 people. Benefiting more than

Donation Certificate We have been assisting in improving rural education enhancing the

quality of rural talents through academic support talent assistance 50000 people

skills training and job provision thereby stimulating the endogenous

power of rural revitalization.Fulfilling dreams through education support

Talent assistance

Since 2012 we have partnered with the China Youth Development Foundation to initiate the hope project for fulfilling Implemented talent placement plans with Chishui City and Bozhou District opening up new pathways for talent cultivation by dispatching

dreams: "China Moutai – Backbone of the Nation" which has been ongoing for 12 consecutive years. With a cumulative numerous outstanding staff to provide on-site assistance and support year-round.donation exceeding RMB 1.2 billion the project has provided targeted assistance to over 230000 academically

outstanding but financially disadvantaged students enabling them to walk from their "home doors" to the "school gates" Technical training

of universities. The project has become the largest most widely supported and influential charity project in China's

philanthropic assistance to education. It has been awarded the highest government award in the field of charity and Conducted technical skill training such as specialty agricultural cultivation organizing 239 sessions of technical training in assisted

philanthropy in China the "China Charity Awards" in 2013 2018 and 2023 respectively. areas with over 8000 frontline workers and professional technical personnel trained.Guizhou specialty products outreach

We have been promoting the connection between production

and sales leveraging platforms such as "Moutai Fans

Carnival" to assist in the exhibition and sales of agricultural

specialty products from places like Daozhen expanding the

sales channels for local agricultural products.Public Welfare Scholarship Activity

Building a beautiful countryside

Through activities such as visits and greetings on Children's Day and during other festivals we donated learning and sports

supplies to paired assistance village schools and coordinated with Jiangxi Distributors Association to donate RMB 345000

to improve infrastructure such as the cafeteria and multimedia classrooms at Pingmo Elementary School.108 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 109

Helping the entry of supporting industries into Guizhou

Strengthening Industrial Drive

By acting as a liaison and facilitating policy introductions

We follow honest and compliance-based operations thoroughly implements General Secretary Xi Jinping's important we encouraged raw material suppliers to establish

statements on rural work focuses on its main responsibilities leverages its industrial advantages and implements the secondary warehouses and packaging enterprises

"Five Ones" project. This initiative supports the development and expansion of supporting industries represented by raw around the Moutai area in Guizhou promoting local

materials and packaging materials promotes employment and drives local economic development. economic development and providing job opportunities

for 3800 people. In 2023 three inbound packaging

suppliers transitioned from trading to production-oriented

enterprises while five suppliers established transit

warehouses around the Maotai town.One Certificate One Map One Warehouse

Organic and green certification Organic land plot mapping A warehouse

upgraded or

constructed based

on national grain

reserve standards

One Network One Base Working with International Partners to Honour Responsibility

A visual traceability network A high-standard We pay close attention to global development responds to the needs and expectations of the international community and works

based on the raw material demonstration base together with international channel partners to participate in international philanthropy. We are committed to contributing its strength to

supply chain system building a community with a shared future for mankind and demonstrating the positive image of Chinese enterprises.The "Five Ones" project

Conducted donation activities at orphanages on Children's Day

In 2023 we together with channel partners conducted

six charitable activi t ies including donations to

Base support orphanages on Children's Day and a visit to the medical

team stationed in Mozambique totaling RMB 469000.Leveraging the advantages of the liquor industry

resources we implement the "Company + Government

+ Platform Companies + Cooperatives and Farmers"

sorghum base management model assisting in the

development of demonstration bases for sorghum used

in Moutai Baijiu. It provides free green manure seeds

and organic fertilizers to farmers in the raw material

base conducts specialized training on sorghum

planting knowledge increases investment in organic

certification for crops and continuously improves the

standards of raw material cultivation. In 2023 420

square kilometers of sorghum were planted with a

storage of 141400 tons driving 120000 households of

farmers to increase income and become prosperous.110 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 111

GRI Standards Content Index

Disclosure title Page Disclosure title Page

GRI 2: General Disclosures 2021 Approach to stakeholder 2-29 P16-17

engagement

Outlook 2-1 Organizational details P6 2-30 Collective bargaining agreements P89

Entities included in the

2-2 organization's sustainability P1 GRI 3: Material Topics 2021

reporting Process to determine material

In 2024 we will adhere to the guidance of Xi Jinping Reporting period frequency and 3-1 P15-16topics

Thought on Socialism with Chinese Characteristics for a 2-3 P1contact point

New Era and thoroughly implement the new development Activities value chain and other 3-2 List of material topics P15-16

philosophy in our continued "Five-Line" journey to high 2-6 P102-106business relationships

quality development with Moutai aesthetics of Mei as the 3-3 Management of material topics P15-16

value connotation. In the pursuit of "endless Mei endless 2-7 Employees P88-89

me" with the attitude of "forging ahead for Mei" we will join

Governance structure and Economy

hands with stakeholders to practice ESG in a comprehensive 2-9 P20-21composition

and holistic manner. In this way we will promote Moutai's GRI 201: Economic Performance 2016

high-quality development and modernization to a new level Nomination and selection of the 2-10 P22

highest governance body

and achieve a new leap forward.Chair of the highest governance 3-3 Management of material topics P20-29

2-11 P4-5

body Direct economic value generated

Role of the highest governance 201-1 P6and distributed

2-12 body in overseeing the P16-17 Financial implications and other

management of impacts 201-2 risks and opportunities due to P60-62

Delegation of responsibility for

2-13 P12-13 climate change

managing impacts Defined benefit plan obligations

Role of the highest governance 201-3 P88-89

2-14 P12-13 and other retirement plans

body in sustainability reporting

Communication of critical GRI 203: Indirect Economic Impacts 2016

2-16 P16-17

concerns

Collective knowledge of the 3-3 Management of material topics P109

2-17 P12-13

highest governance body Infrastructure investments and

Evaluation of the performance of 203-1 P109-113

2-18 P22 services supported

the highest governance body Significant indirect economic

203-2 P109-113

2-19 Remuneration policies P22 impacts

Process to determine GRI 204: Procurement Practices 2016

2-20 P22

remuneration

Statement on sustainable 3-3 Management of material topics P102-105

2-22 P13

development strategy

Processes to remediate negative GRI 205: Anti-corruption 2016

2-25 P27

impacts

Mechanisms for seeking advice 3-3 Management of material topics P24-25

2-26 P14-17

and raising concerns Operations assessed for risks

Compliance with laws and 205-1 P24-25

2-27 P23-26 related to corruption

regulations Communication and training

2-28 Membership associations P44 205-2 about anti-corruption policies and P24-25

procedures112 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 113

Disclosure title Page Disclosure title Page Disclosure title Page Disclosure title Page

Operational sites owned leased Benefits provided to full-time

GRI 206: Anti-competitive Behavior 2016 managed in or adjacent to employees that are not provided GRI 405: Diversity and Equal Opportunity 2016

401-2 P95

304-1 protected areas and areas of P82-85 to temporary or part-time

3-3 Management of material topics P26 high biodiversity value outside employees 3-3 Management of material topics P88

protected areas

401-3 Parental leave P95

Environment Significant impacts of activities Diversity of governance bodies

304-2 products and services on P82-85 405-1 P22 88-89and employees

biodiversity GRI 402: Labor/Management Relations 2016

GRI 301: Materials 2016 GRI 406: Non-discrimination 2016

304-3 Habitats protected or restored P82-85 3-3 Management of material topics P88

3-3 Management of material topics P74-76 3-3 Management of material topics P88

GRI 305: Emissions 2016 GRI 403: Occupational Health and Safety 2018

301-2 Recycled input materials used P74-76 Incidents of discrimination and

3-3 Management of material topics P69-71 3-3 Management of material topics P98 406-1 P88corrective actions taken

Reclaimed products and their

301-3 P74-76 Occupational health and safety

packaging materials 403-1 P98 GRI 407: Freedom of Association and Collective 305-5 Reduction of GHG emissions P64 management system Bargaining 2016

Hazard identification risk

GRI 302: Energy 2016 Nitrogen oxides (NOx) sulfur 403-2 assessment and incident P99

305-7 oxides (SOx) and other P70 3-3 Management of material topics P89 96investigation

3-3 Management of material topics P74 significant air emissions

403-3 Occupational health services P100-101 GRI 408: Child Labor 2016

GRI 306: Waste 2020

Energy consumption within the

302-1 P74 Worker participation

organization

3-3 Management of material topics P71 consultation and communication

3-3 Management of material topics P88

403-4 P100-101

on occupational health and

302-3 Energy intensity P74

Waste generation and significant safety GRI 409: Forced or Compulsory Labor 2016

306-1 P71

waste-related impacts Worker training on occupational 403-5 P100-101

302-4 Reduction of energy consumption P74 health and safety

Management of significant waste- 3-3 Management of material topics P88

306-2 P71

related impacts

Reductions in energy 403-6 Promotion of worker health P98-101

302-5 requirements of products and P72-73 GRI 413: Local Communities 2016306-3 Waste generated P71 Prevention and mitigation of

services occupational health and safety

403-7 P99-101

impacts directly linked by 3-3 Management of material topics P109-113

GRI 303: Water and Effluents 2018 306-4 Waste diverted from disposal P71 business relationships

Workers covered by an Operations with local

3-3 Management of material topics P69 78-81 306-5 Waste directed to disposal P71 403-8 occupational health and safety P99 community engagement impact 413-1 P109-113

management system assessments and development

Interactions with water as a

303-1 P78-79 GRI 308: Supplier Environmental Assessment 2016

programs

shared resource 403-9 Work-related injuries P101

P78-79 GRI 416: Customer Health and Safety 2016

Management of water discharge- 3-3 Management of material topics

303-2 P69 403-10 Work-related ill health P99-101

related impacts 103-105

Negative environmental impacts 3-3 Management of material topics P36-37GRI 404: Training and Education 2016

303-3 Water withdrawal P81 308-2 in the supply chain and actions P105

taken Incidents of non-compliance

3-3 Management of material topics P90 416-2 concerning the health and safety P37

303-4 Water discharge P69 Society impacts of products and services

Average hours of training per

404-1 P92

year per employee

303-5 Water consumption P81 GRI 401: Employment 2016 GRI 417: Marketing and Labeling 2016Programs for upgrading

404-2 employee skills and transition P90-93

GRI 304: Biodiversity 2016 3-3 Management of material topics P78-79 assistance programs 3-3 Management of material topics P46-51

Percentage of employees

3-3 Management of material topics P82-85 New employee hires and 401-1 P97 404-3 receiving regular performance P90-94

Requirements for product and

417-1 P46-51

employee turnover and career development reviews service information and labeling114 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 115

ESG Policies Laws & Regulations

Chapter Laws and Regulations Internal Systems Chapter Laws and Regulations Internal Systems

01 Ethical Business Conduct: Upholding Business Principles and Optimizing Governance Management Measures for the Marketing and Promotion of Moutai Baijiu

Distribution System

Articles of Association Guiding Principles for the Management of General Distribution Products

Optimize Rules of Procedure for Shareholders' Meeting (Brands)

Corporate Company Law

Governance Measures for Performance Assessment of Members of the Management Marketing Activities Support Program for Kweichow Moutai Baijiu

Measures for Remuneration Management of Members of the Management News Publicity Management Measures

Rules of Procedure of the Risk and Compliance Management Committee Advertising Review Process and Operation Guidelines

of the Board of Directors

Advertising Positive and Negative List

Compliance Management Measures

Advertising Law of the People's Republic of China Management Measures for General Distribution Brands (Products)

Internal Control Management Manual Practice

Responsible Law of the People's Republic of China on the Protection of Consumer Rights and Interests Policies and Management Measures of Kweichow Moutai Baijiu Import and

Work Safety Compliance Guide Marketing Export Co. Ltd. on "Responsible Marketing"

Trademark Law of the People's Republic of China

Labor and Employment Compliance Guide Measures of Kweichow Moutai Baijiu Import and Export Co. Ltd. for the

Management of Expenditure for Advertising and Promotion Activities in

Decision-making Policy for Connected Transactions Export Markets

Guidelines of the Shanghai Stock Exchange on Comprehensive Risk Management Solutions Management Measures for Customer Consultation and Complaints

the Self-Regulation of Listed Companies No. 5— Supplier Code of Conduct Kweichow Moutai Standard Service Language for Exclusive StoresTransactions and Related Transactions

Anti-Monopoly Law Anti-monopoly Compliance Guide Kweichow Moutai Standard Service Manual

Regulate Anti-Unfair Competition Law Anti-Unfair Competition Compliance Guide Kweichow Moutai Management Measures for Product Replacement

Corporate Acts Supervision Law (Rework)

Ecology and Environmental Protection Compliance Guide

Anti-Money Laundering Law Management Measures for Leaking Baijiu Exchange

Regulations on Handling Letters and Visits Measures for Handling Violations of Rules Disciplines and Laws by Employees 03 Exuding Grace: Building a Harmonious and Coexistent Green System

Rules for Disciplinary Inspection and Supervision

Organs on Handling Reports and Complaints Rules on Supplier Management for Hardware and Low-Consumption Materials Working Guidance for Carbon Dioxide Peaking and

Carbon Neutrality in Full and Faithful Implementation

Rules on Supplier Management for Husks and Straws of the New Development Philosophy

Negative List of Employees' Acts Action Plan for Carbon Dioxide Peaking Before 2030

Several Measures of the Party Committee of the Company for Further Guidelines for Greenhouse Gas Emissions

Strengthening Oversight for Leadership Teams and Their Heads Calculation Methods and Reporting in Food

Prohibitive Provisions for Integrity in Construction of Engineering Projects Tobacco Alcoholic Beverage Beverage and Refined Addressing Tea Enterprises (Trial)

Climate Change Action Plan for Carbon Peak and NeutralityProhibitive Provisions for Procurement Integrity Greenhouse Gas Calculation System: Code of

Prohibitive Provisions for Integrity in Resources Supply Conduct for Enterprise Calculation and Reporting

Management Measures for Letters and Visits Guidelines for Greenhouse Gas Emission Calculation and Reporting in Industrial Enterprises

Management Measures for Network and Information Security

Information Personal Information Protection Law

Greenhouse Gases - Product Carbon Emissions -

Management Measures for Data Security (for Trial Implementation) Requirements and Guidelines for Quantification and

Security and Cybersecurity Law Communication

Privacy Protection Data Security Law Regulations on the Management of Personal Information Protection (for

Trial Implementation) Overall Plan for Building Xi Jinping's Ecological Civilization Practice Environmental Protection Law of the People's Demonstration Base and Building the Company as a Role Model for

Guidelines for the Implementation of Classified and Graded Data Security Republic of China Environmental Protection in the Industry

Control Emergency Response Law of the People's Republic

of China Environmental Protection Management Regulations

02 Build the Brand through Inheritance and Innovation

Atmospheric Pollution Prevention and Control Law of Rules on Environmental Protection Work Assessment

A List of Applicable Laws Regulations and Other Requirements for Quality Green Operations the People's Republic of China

and Food Safety Law of the People's Republic of China on the Comprehensive Assessment Management Measures

Pursue Superior Food Safety Emergency Response Plan

Prevention and Control of Environment Pollution Emergency Plan for Sudden Environmental Incidents

Caused by Solid Wastes

Quality

Product Recall Control Procedures Energy Conservation Law of the People's Republic Regulations on the Management of Waste Materials Recycling

of China

Weekly Food Safety Inspection and Governance Report Energy Management Manual116 Kweichow Moutai Co. Ltd. 2023 Environmental Social and Governance Report 117

Chapter Laws and Regulations Internal Systems Feedback

Energy Operation Management Regulations

Energy Data Management Regulations

Implementation Plan for Product Packaging Materials for Green Supply Dear readers

Chains

Finished Liquor Outer Packaging Materials Recycling Management System Thank you very much for reading the Kweichow Moutai 2023 Corporate Social Responsibility and ESG report during your busy schedule.Green Operations

Packaging Material Technology Blacklist (Environmental Protection) Your comments and suggestions on this report are highly appreciated for us to improve the quality and level of the report and our social

responsibility and ESG efforts!

List of Restricted and Prohibited Packaging Materials

Negative List of Packaging Materials for New Product Development

Kweichow Moutai Glass Bottle Recycling and Reuse Pilot Implementation

Plan

Water Pollution Prevention and Control Law of the

Water Resource People's Republic of China Tel.: 0851-22386480

Management Supplier Sustainable Development Implementation Method

Water Law of the People's Republic of China

E-mail: mtshzr@moutai.com.cn

04 Enriching Beauty - Sharing a Beautiful Future

"Happiness at Moutai" 2023 Plan for the Pilot Programme of Improving the Address: Corporate Culture Department of Kweichow Moutai (Integrated Media Center)

Workforce's Life

Maotai Town Renhuai City Guizhou Province

Employee Recruitment Management Measures

Measures for Managing the Workers' Congress

Post code: 564501

Measures for Managing the Workers' Congress at the Grassroots Level

Occupational Skill Level Recognition and Appointment Management

Measures

Professional and Technical Personnel Title Evaluation and Appointment

Management Measures Your information

Trial Plan for the Evaluation of Master Technicians

Employee Remuneration Management Measures Name: Tel.:

Management Measures for the Selection of Scientific and Technological

Labor Law of the People's Republic of China Innovation Achievements Employer: E-mail:

Labor Contract Law of the People's Republic of Middle Management Personnel Management Measures

China

Creating a Happy Employee Training Management Measures

Moutai Together Law of the People's Republic of China on the

Prevention and Control of Occupational Diseases Management Measures for Innovative Studios Your overall rating of this reports is:

Provisions on the Supervision and Administration of Management Measures for Moutai Outstanding Talent Awards

Occupational Health at Work Sites

Management Measures for Moutai Craftsmen Selection □ Excellent □ Good □ Fair

Recognition and Reward Optimization Plan How well do you think this report reflects the Company's significant economic social and environmental impact:

Management Regulations for the Re-employment of Technical and Skilled

Personnel □ Well □ General □ No idea

Implementation Plan for Moutai Talent Day Activities

How clear accurate and complete do you think the information data and indicators disclosed in this report:

Implementation Plan for Moutai Craftsmen Day Activities

Implementation Plan for Party Committee Contacting Expert Talents □ Very good □ Good □ Fair □ Bad □ Very bad

Attendance Management Measures

Occupational Health Management System

Regulations on Safety Education and Training Management Which aspect of this report are you most satisfied with

List of Tasks for the Safety Education and Training Outline

Supplier Management Measures

Procurement Management Measures What information would you like to know more about

Jointly Building a

Booming Industrial Supplier Relationship Management Regulations

Ecosystem Kweichow Moutai Distributor Monthly Assessment Management Measures

Kweichow Moutai Jiang-flavor Baijiu Marketing Co. Ltd. Distributor What are your suggestions for our future reports

Management Measures118 Kweichow Moutai Co. Ltd.