2025

Ningbo Ronbay New Energy Technology Co.Ltd.Sustainability ReportCONTENT

About Ronbay Strategic Vision and Key Performance Sustainability Governance

About This Report 03 Company Overview 05 Company Strategy 06 Sustainability Strategy 08 Key Performance Indicators 58

Message from the Committee 04 Corporate Culture 05 Annual Key Performance Indicators for 07 Sustainability Governance Structure 09 Report Index 67

Sustainability

Sustainability Performance 09 Assurance Report 75

Materiality Assessment 10

Stakeholder Engagement 13

Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Platform Innovation Empowering 15 Ecosystem-Based Operations and 23 Energy Conservation Emission Reduction 33 Global Layout Ensuring Manufacturing 43 Openness and Equality: Protecting 47

Business Growth Innovative Business Models and Climate Change Addressing Flexibility Employee Rights

Sound Governance: Building a Solid 15 Platform Empowerment Deepening 23 Resource Circulation and Recycling 35 Collaborative Progress Forging a Green 43 Empowerment and Development: 50

Foundation for Development Innovation and R&D System Building Chain Supporting Employee Growth

Upholding Compliance and 17 Intellectual Property Protection: 27 Green Manufacturing and Zero-Carbon 37 Ethical Procurement Implementing 44 Strengthening Safety Excellence and 51

Strengthening Risk Management Safeguarding Innovation Green Power Advancing Responsible Minerals Safeguarding Occupational Health

Integrity and Self-Discipline 21 Quality First: Delivering Excellence in 28 Co-creating Environmental Protection 39 Local Integration Supporting 45 Humanistic Care: Building a 54

Upholding Fairness and Justice Products and Service Safeguarding Lush Mountains and Lucid Community Development Harmonious Workplace

WatersAbout This Report Reporting Principles

Accuracy: All qualitative and quantitative information disclosed in this report has been rigorously reviewed and verified. We ensure that

key data is well-sourced and calculated using sound methodologies providing stakeholders with detailed and accurate information to

Report Overview assess Ronbay's sustainability performance.Balance: This report objectively and impartially reflects Ronbay's overall performance during the reporting period. We disclose not only

This is the fifth non-financial performance report publicly released by Ningbo Ronbay New Energy Technology Co. Ltd. (hereinafter referred to positive progress and achievements in ESG also openly address challenges shortcomings and areas for improvement avoiding one-

as “Ronbay Technology” “the Group” “the Company” or “we”). Prepared on the principles of objectivity rigor transparency and sided or overly favorable presentation.comprehensiveness this report provides detailed disclosure of the Company's environmental social and governance (ESG) philosophy Clarity: This report uses plain language supported by data charts performance comparisons and practical case studies. We present

practices and performance. technical and complex information in a structured accessible manner so that stakeholders from all backgrounds can easily navigate read

and understand the content.In response to regulatory guidance and in alignment with the Shanghai Stock Exchange’s Self-Regulatory Guidance for Listed Companies No. Comparability: This report maintains consistency in topic classification indicator selection data scope and calculation methods (with any

14 - Sustainability Report (Trial) the Company has officially renamed its former Environmental Social and Governance (ESG) Report to the revisions noted separately). For key performance indicators we provide multi-year historical data to allow stakeholders to track Ronbay's

Sustainability Report beginning this year. This change aims to comprehensively showcase our determination and achievements in actively long-term sustainability performance over time.fulfilling social responsibilities and promoting sustainable development while creating commercial value. Completeness: The disclosure boundary covers all material topics identified as having significant impact on Ronbay's sustainable

development. We ensure complete coverage across organizational boundary reporting period and topic depth with no key sustainability

Organizational Scope impacts omitted.Sustainability Context: This report situates Ronbay's strategy and operations within the broader macro sustainability landscape

Unless otherwise stated this report covers Ningbo Ronbay New Energy Technology Co. Ltd. and its subsidiaries under actual operational referencing the UN SDGs global climate change trends and the specific context of the new energy and lithium battery cathode materials

control consistent with the disclosure scope of the 2025 Annual Report. industry to illustrate the Company's role and contributions.Timeliness: The Company is committed to publishing Sustainability Report on an annual basis. We ensure that disclosures are made in a

timely manner aligned with stakeholder expectations enabling informed and timely decision-making.Reporting Period Verifiability: The collection recording consolidation and analysis of information in this report are based on rigorous traceable systems

and processes. Our robust data management and internal control mechanisms ensure that all disclosed indicators and facts are

This is an annual report covering January 1 2025 to December 31 2025 (referred to as "this year" or "the reporting period"). To enhance documented and subject to internal audit and independent third-party verification.completeness and comparability some content and data may extend beyond this period with specific dates noted where applicable. The

reporting period is consistent with the Annual Report. Report Availability

Reporting Frameworks This report is available in both Chinese and English version. It can be accessed and downloaded on the Ronbay official website or the relevant

pages of the Shanghai Stock Exchange. In the event of any discrepancy between the two versions the Chinese version shall prevail.This report is prepared primarily in accordance with the Shanghai Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 14 - The Company will continue to improve its reporting quality and sustainability management over time. For any questions or feedback regarding

Sustainability Reporting (Trial) with reference to the following internationally recognized standards: the Global Reporting Initiative Sustainability this report please contact us at:

Reporting Standards (GRI Standards 2021) the International Sustainability Standards Board (ISSB) IFRS Sustainability Disclosure Standard S2 -

Climate-related Disclosures (IFRS S2) and the United Nations Sustainable Development Goals (SDGs). 0574-62730998 ir@ronbaymat.com

3Message from the Committee

IIn 2025 at COP30 in Belém Brazil over 190 countries R&D spanning frontier and foundational technologies we optimization of our global capital structure managing risk

reached a shared consensus: the transition to green and cover the full battery lifecycle - from battery applications to effectively and ensuring stable operations across all

low-carbon development is now irreversible. Converging recycling - building a multi-engine growth model that regions.breakthroughs in photovoltaic technology energy storage ensures technological leadership across diverse chemistry

and artificial intelligence are bringing the "energy pathways and providing reliable diversified material We are committed to building an open and inclusive

singularity" from vision to reality. Seizing this historic solutions for the global energy transition. Leveraging AI organization where employees and the Company grow

opportunity Ronbay has pursued its "platformization models we extended our capabilities from materials together. We are equally committed to fostering a

globalization and ecologization" strategy with conviction processing into battery cell design and closed-loop transparent responsible industrial ecosystem with global

— continuously optimizing its ternary product mix entering recycling improving resource efficiency. partners - embedding sustainability into every link of the

the LFP market with new processes accelerating the supply chain and focusing on the creation of long-term

commercial rollout of sodium-ion batteries achieving Long-term competitiveness requires building an ecosystem social value.multi-sector breakthroughs in LMFP leading the industry in that is self-evolving and sustainable. This means

solid-state cathode materials and electrolytes and establishing a circular industrial chain built on zero-

building a green circular system through an ecosystem- emission manufacturing low- and zero-carbon operations

based supply chain strategy. With strengthened and green power adoption. By investing in and developing

organizational capability and talent development Ronbay urban mining capabilities we have achieved deep

has evolved into a comprehensive solution provider for the integration between resource inputs and materials

cathode materials industry. We firmly believe that production meaningfully reducing our environmental

sustainability is the core capability underpinning long-term footprint and supply chain volatility. We are also advancing

value creation. a new paradigm of "clean metallurgy" - deploying lights-out

factories and intelligent microgrids and leveraging digital

This year we advanced our platformization and intelligent management to build core competitive

transformation establishing an industrial investment and advantages in zero-carbon low-energy manufacturing

innovation platform to drive business innovation. We setting a new green benchmark for industry.remained committed to original technology as the engine

of high-quality development in battery materials. Through With compliance as our foundation we are accelerating the

Corporate Ethics and ESG Management CommitteeAbout Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

About Ronbay Product Portfolio

Category Key Products

Company Overview

NCM 811 series NCMA series

Ternary Cathode

Ningbo Ronbay New Energy Technology Co. Ltd. (hereinafter "Ronbay" stock code: 688005.SH) was founded in September 2014. With nearly NCA series Ultra-high-nickel materials（Ni90+）

4000 employees Ronbay is a multinational high-tech company in the new energy materials sector focused on the R&D production and sale of

battery cathode materials. The Company was founded by a senior Sino-Korean lithium battery industry team and listed on the Science and LMFP LMFP cathode

Technology Innovation Board (STAR) of the Shanghai Stock Exchange in July 2019 becoming one of the first 25 companies to list on the

Sodium-Ion Cathode Layered oxide sodium-ion cathode Polyanionic sodium-ion cathode

board.LFP LFP cathode

As a global leader in ternary cathode materials Ronbay has maintained top global sales for multiple consecutive years. The Company was the first

to achieve production capacity of 10000 tons of LMFP. Its sodium-ion cathode materials are now supply-bound with leading battery manufacturers

at home and abroad and it has entered the LFP space using innovative processes. Ronbay has upgraded its positioning to become a Global Business Footprint

"comprehensive solution provider for the cathode materials industry." With cathode materials as its core business its R&D scope extends into

smelting recycling precursor materials electrochemistry battery cell design and battery disassembly. Backed by global capital capabilities the Focused on global new energy industry demand Ronbay is executing its globalization strategy with conviction - building a presence spanning

China Japan and Korea through to Southeast Asia North America and Europe. On the foundation of ESG compliance the Company is

Company has the capacity to develop manage and collaborate across the full industry chain.deploying advanced manufacturing technologies and low-carbon operating models locally. Through enhance localization efforts Ronbay has

established a secure compliant and green supply chain network.Corporate Culture

Mission Vision

To advance the new energy industry improve the To build a new energy industry cluster with world-

human living environment create a better future for class innovation capabilities and a high standard of

the Company and its employees and give back to business integrity.society.Core Values Sustainability Concept

Science rationality learning innovation broad To build an ecosystem that coexists and thrives in

vision and systematic. harmony with society the environment and our

partners.

5About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Strategic Vision and Key Performance

Company Strategy

Speciali Integrati Platform Ecologiz

Digital Organiza Globaliz

ization ation intelligen tion ation

Advancing the "Three-Step" Strategy and Deepening the "New Integration" Framework zation on ce

Ronbay regards sustainability as a core driver of the business. We hold firm to our identity as an "industry operator" deepening our "technology

+ industry + investment" business model. Leveraging three core capabilities - strategy investment and management empowerment - we

continuously incubate new businesses and advance strategic initiatives to build Ronbay into a truly world-class global company: going global In 2025 the Company focused on three core dimensions: platformization ecologization and globalization.achieving sustainable operations and giving back to society.Build a World-Class New Energy Industry Cluster

Step 3

Platformization Ecologization Globalization

Develop a Profitable Industry

Step 2 Underpinned by three major Ronbay is implementing a Ronbay is accelerating its

platforms - Ronbay Trading comprehensive cathode materials globalization strategy expanding

Ronbay Investment and Cutting- solution transitioning from pure production capacity technology

manufacturing toward a circular

Run a High-Quality Enterprise Edge Technology - alongside a and services internationally.business model combining materials

Step 1 professional functional system Drawing on years ofsupply with recycling services.covering R&D manufacturing and Internally the Company is advancing multinational operating

supply chain the Company green power adoption carbon experience and technological

provides full support for its footprint management and ESG innovation the Company is

vertically integrated core compliance system development. stepping up investment in and

businesses across ternary LFP Externally it is strengthening cross- localization of overseas bases in

LMFP and sodium-ion cathode cultural integration and promoting North America Europe and the

materials. Through resource low-carbon collaboration across the Asia-Pacific region while

upstream and downstream value

sharing and flat matrix optimizing global supply chain

chain to achieve sustainable green

management Ronbay is configuration and cross-cultural

circular operations.improving overall operational management to build a new

The Company is executing its "Three-Step" strategy with conviction and is currently in Step Two: developing a profitable industry with the goal

efficiency and specialized model of multinational business

of becoming a comprehensive solution provider for the battery materials industry. To strengthen this path Ronbay is deepening its "New

capability. operations.Integration" framework — encompassing specialization integration platformization digital intelligence ecologization organization and

globalization - to build irreplaceable core competitiveness and risk resilience within the global new energy supply chain.

6About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Annual Key Performance Indicators for Sustainability

7About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Sustainability Governance Sustainability Roadmap

Ronbay has established a “phased execution-focused” sustainability roadmap: Securing market access through global compliance and zero-

2025 was a pivotal year for Ronbay as it deepened the implementation of its "New Integration" strategy and accelerated its global expansion. carbon factory development then leverages digital and intelligent capabilities to drive the green transformation of its supply chain and

Amid the rapid growth of the global new energy industry we have made sustainability a key lever for strengthening core competitiveness in its establish access thresholds. achieve net zero through full value chain circular recycling. ESG requirements are deeply embedded in operations

global operations. and supply chain management and we are committed to converting our green development advantages into tangible business

This year the Company further refined its top-down sustainability governance structure fully embedding ESG management requirements into competitiveness and industry leadership.business operations compliance and risk control systems. Through a double materiality assessment mechanism - covering both financial

materiality and impact materiality - we accurately identify and respond to the core concerns of our stakeholders continuously improving

management effectiveness and transparency to support stable operations across global markets.Sustainability Strategy

Ronbay remains guided by its corporate mission: to advance the new energy industry improve the human living environment create a better

future for the Company and its employees and give back to society. We have fully integrated our sustainability philosophy - building an

ecosystem that coexists and thrives in harmony with society the environment and our partners — into our overall strategy and day-to-day

operations. This is delivered through deepening technology innovation and R&D upholding global compliance and advancing the low-carbon

transition across the full value chain with pragmatic ESG management supporting the Company's high-quality development.

8About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Sustainability Governance Structure Sustainability Performance

In 2025 Ronbay further strengthened its three-tier ESG governance structure - the governance layer management layer and Mainstream Rating Performance of ESG

execution layer. By refining the responsibilities and oversight mechanisms at each level the Company ensures that its

sustainability strategy is consistently managed and effectively executed across the Group and all global sites.Tier Body Responsibilities

Serves as the highest decision-making body for ESG management; holds ultimate

Governance Board of Directors

accountability for the Company's sustainability strategy targets and material risks.Reviews and provides feedback on the Company's corporate ethics and ESG-related

Corporate Ethics and ESG

strategic plans annual priority action plans and targets in support of Group-level

Management Committee

decision-making.Management

Provides professional advisory support and operational guidance; develops ESG action

Sustainability Department

roadmaps; monitors ESG risks; and coordinates ESG disclosure.Material Topic Management

Drive the integration of sustainability management into business planning and

Departments

Execution operations; establish dedicated working groups focused on core topics to ensure

Special Projects Team efficient on-the-ground delivery.Note: *This rating is the result of Hubei Ronbay a subsidiary completing the CDP questionnaire for the first time.

9About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

2025 ESG Awards & Honors Materiality Assessment

Category Award Issuing Organization Ronbay places great importance on the rigor and precision of its sustainability management. This year we conducted a comprehensive

materiality assessment benchmarked against the requirements of the Global Reporting Initiative (GRI) the International Sustainability

Wind China Listed Companies ESG Best Practice Top Standards Board (ISSB) the EU Corporate Sustainability Reporting Directive (CSRD) and the Shanghai Stock Exchange's Self-Regulatory

Wind ESG Rating

100 (Mid- & Small-Cap) Guidelines for Listed Companies No. 14 - Sustainability Reporting (Trial). Applying the double materiality principle we assessed ESG topics

across two dimensions: impact materiality (the Company's external impacts on the environment and society) and financial materiality (the

internal financial implications of ESG topics for the Company's value). Through this process we identified and evaluated the ESG topics most

ESG China Securities Index A-Share Listed Companies ESG China Securities Index material to both the Company and stakeholders.Rating Top 100 Most Improved

Double Materiality Assessment (DMA) Process

China Securities Index A-Share Listed Companies

China Securities Index

Corporate Governance (G) Best Practice Top 50

Understand the context of the Company's activities and business relationships

China Automotive Power Battery Industry Innovation

Top 15 Most Growth-Driven Enterprises in China Review domestic and international sustainability standards the Company's business operations products and services value chain and

Alliance industry landscape to establish a clear understanding of Ronbay's current sustainability context.China Electronics and Information Industry China Automotive Power Battery Industry Innovation Build and update the topic inventory

Competitiveness Top 100 Alliance

Identify and screen relevant sustainability topics based on listed company regulatory requirements the Company's 2025 strategic priorities

China Electronics and Information Federation & China and actual operating conditions and the outcomes of internal and external stakeholder engagement. In 2025 a total of 25 topics were

Artificial Intelligence Case Award

Industrial Cooperation Association identified - 3 more than the previous year - comprising 6 environmental topics (with the addition of ecosystem and biodiversity protection) 14

social topics (with the addition of intellectual property protection digital intelligence & AI) and 5 governance topics.Governance

Gaogong Lithium Battery Gaogong Energy Storage &

Innovative Enterprise in New Energy and New Materials

Gaogong Industry Research Institute (GGII) Topic Changes (Newly Added)

Topic Definition Rationale for Addition

China Sodium-Ion Industry Annual Brand Enterprise

Mariana

(Cathode Materials Category) Identifying and reducing negative impacts on Added to address domestic and overseas regulatoryEcosystem and

surrounding natural environments and species requirements and to demonstrate the Company's commitment as

Biodiversity

diversity across the Company's production an industry leader to managing the ecological footprint of its

2025 Falao & Minglvtang Corporate Compliance Pioneer Falao & Minglvtang Protection operations and supply chain management. supply chain.

Award

Intellectual Covers patent filing trade secret protection brand Added to support the Company's "platformization" strategic

Property rights enforcement and respect for third-party transition consolidate core assets and demonstrate a solid

Environment Hubei Xiantao - RBA VAP Silver Certification Responsible Business Alliance Protection intellectual property. "technology moat" to capital markets.Digital Leveraging artificial intelligence big data and Added to fully embrace the AI era and to deploy advanced

2025 Gaogong Golden Globe Award — Product

Social Gaogong Sodium-Ion Intelligence and digital systems to improve R&D efficiency technology in support of organizational agility and supply chain

Innovation of the Year AI manufacturing precision and supply chain coordination amid high-growth conditions.transparency

10About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Materiality survey and assessment Double Materiality Assessment Matrix

Tailored questionnaires were developed for different stakeholder groups covering impact materiality as well as combined impact and financial Environment

materiality. Each topic was surveyed assessed and ranked across both dimensions to produce a double materiality matrix. E1 - Climate Change addressing

E2 - Environmental Compliance

Management

Impact Materiality Financial Materiality E3 - Energy Management

E4 - Water Resource Management

Based on previous interviews the Company conducted an initial Based on previous interviews the Company conducted an initial

E1

S4 E5 - Pollutant and Waste Management

analysis of the potential impacts associated with each analysis of the potential financial implications of each S5 G2 E6 S1 E6 - Circular Economy

sustainability topic. An Impact Materiality Survey was then sustainability topic. A Double Materiality Survey was then S2 S3

E3 E7 - Ecosystem and Biodiversity

developed to gather stakeholder assessments of the economic developed to gather assessments from Board members senior G1 S6 Protection

environmental and social significance of each topic. The scoring and mid-to-senior management shareholders and investors and

Social

criteria are as follows: ESG management personnel on both the impact and financial G4

S1 - R&D and Innovation

5 - Critical: Impacts are systemic and industry-wide with the materiality of each topic. The financial materiality scoring criteria

S2 - Intellectual Property Protection

potential to trigger fundamental change or significant risk. are as follows: G3

S3 - Digital Intelligence and AI

4 - High: Impacts span multiple regions or supply chains with the 5 - Critical: Results in transformative financial gains or losses G5

S4 - Product Quality and Safety

potential to generate significant competitive advantage or fundamentally reshaping the Company's profitability.S5 - Customer Service

widespread attention. 4 - High: Leads to significant financial opportunities or serious

S6 - Responsible Supply Chain

3 - Moderate: Impacts affect a specific business unit or region financial losses. E2

S8 Management

resulting in localized improvements or issues requiring 3 - Moderate: Generates considerable cost savings or notable

S7 - Chemical Management

intervention. financial expenditure.S8 - Hazardous Substance Management

2 - Low: Impacts are limited to a single department resulting in 2 - Low: Produces limited financial benefit or minor financial S9 E7 S9 - Fair Employment and Rights

minor improvements or manageable localized effects. burden. S11 E5

Protection

1 - Negligible: Impacts are minimal in scope with little to no 1 - Negligible: Has minimal effect on the Company's financial

S7 S10 - Employee Training and

discernible effect. position. S10

Development

Based on this framework the Company consolidated stakeholder E4 S11 - Occupational Health and Safety

feedback and drew on input from internal and external experts to

S12 - Rural Revitalization and

produce the final impact materiality assessment results.S13 Philanthropy

S13 - Community Engagement

S12 Governance

Topic review and reporting G1 - Corporate Governance

Impact Materiality G2 - Compliance Operations

Drawing on stakeholder survey results and input from internal and external experts and considering the Company's strategic priorities and Environment Social Governance

G3 - Risk Management and Control

current operations a technical review of the survey findings was conducted. A double materiality matrix was then developed to present the

G4 - Integrity Management and

assessment results in a structured manner. The results were reviewed and confirmed by the Corporate Ethics and ESG Management In accordance with the Shanghai Stock Exchange’s Self-Regulatory Guidelines for Listed Companies

Business Ethics

Committee and are disclosed in this report. No. 14 - Sustainability Reporting (Trial) topics assessed as not material to the Company - namely

G5 - Information Security and Privacy

technology ethics and equal treatment of small and medium-sized enterprises - have been addressed

Protection

in the "Mapping Index." In addition due diligence and stakeholder engagement are integral steps in

the Company's topic assessment process and are therefore not assessed as standalone topics. For

all double materiality topics the Company has sought to understand stakeholder expectations in

depth and has thoroughly identified the associated impacts risks and opportunities.

11

Financial MaterialityAbout Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Topics Impacts Risks and Opportunities Scope Time Period Topics Impacts Risks and Opportunities Scope Time Period

Through R&D across its full materials portfolio the Establishing a closed-loop system spanning end-of-life

Company drives the advancement of global energy battery collection material regeneration and cathode

Impact storage technologies significantly reduces resource Impact material manufacturing significantly reduces dependence

on primary mineral resources and limits the damage Upstreamconsumption per unit of energy density and supports

Upstream Short-term Circular

R&D and deep decarbonization of the sector. caused by mining activities to biodiversity.Own Mid-term

Own operations Mid-term Economy operations Long-term

Innovation

Downstream Long-term Opportunity: Reduces exposure to raw material price Downstream

Opportunity: Maintain technological leadership in the Opportunities volatility; meets the mandatory recycled content

Opportunities industry; leverage first-mover advantage to secure high- and Risks requirements under the EU Battery Regulation; and

and Risks end customers and emerging markets such as solid-state creates new profit growth streams.batteries generating above-market returns.Focus is placed on the mining of critical minerals

High-quality cathode materials are directly linked to the including cobalt lithium and nickel. Through due

safety performance and service life of batteries. Rigorous diligence the Company ensures that its supply chain does

Impact quality control reduces the risk of safety incidents caused Impact not involve human rights violations (such as child labor)

by battery thermal runaway protecting the lives and conflict financing or environmental destruction thereby

property of end consumers. improving the social welfare of communities across the

Product ResponsibleUpstream Short-term global supply chain. Short-term

Quality Opportunity: A strong quality reputation lowers after-sales Own operations Mid-term Supply Chain Upstream Long-term

and Safety costs enhances brand pricing power and is a core Downstream Long-term Management Opportunity: Strengthens ESG oversight of suppliers

requirement for entry into the supply chains of top-tier drives improvements in supply chain sustainability

Opportunities

global customers. Opportunities management and eliminates downstream customers'

and Risks

Risk: Product quality defects could trigger large-scale and Risks concerns over supply chain compliance.recalls substantial compensation claims and irreversible Risk: Supply chain penalties or sanctions resulting from

damage to brand reputation. compliance failures could lead to export restrictions or

supply chain disruption.The Company contributes directly to the global 1.5°C Building a well-governed transparent and robust

temperature control target by increasing the share of governance framework - ensuring ESG targets are linked

Impact renewable energy used optimizing production energy Impact to management compensation protecting the legitimate

efficiency and driving supply chain emissions reductions rights of minority shareholders and promoting business

Climate Upstream Short-term Upstream

through product carbon footprint management.Change Own operations Mid-term Corporate

ethics and fair competition. Own Mid-term

Response Governance operations Long-termOpportunity: Access to green finance; ability to address Downstream Long-term Opportunity: Enhances investor confidence reduces Downstream

Opportunities trade barriers imposed by global regulators through low- Opportunities capital market discount and attracts long-term value

and Risks carbon product premiums significantly enhancing market and Risks

investors.competitiveness. Risk: Compliance violations may result in litigation

administrative fines and regulatory inquiries.

12About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Stakeholder Engagement

Broad and in-depth stakeholder engagement is the foundation of the materiality assessment process. We have comprehensively identified our stakeholders and established diverse communication mechanisms to address the different topics each group cares about actively listening to the

perspectives of both internal and external stakeholders. Considering the characteristics of the new energy materials industry we have identified the following stakeholder groups and are committed to responding to their core concerns in a targeted manner:

Stakeholder Key Topics of Concer Engagement Channels Stakeholder Key Topics of Concer Engagement Channels

Corporate Governance Rural Revitalization and Regulatory Forums and Compliance Operations R&D and Innovation General meeting of Investor hotline

Compliance Operations Philanthropy disclosures conferences Risk Management and Intellectual Property Protection shareholders Email

Government and Risk Management and Product Quality and Safety Regulatory Social media Control Product Quality Annual reports E-interaction

Regulatory Control Climate Change Response inspections Shareholders and and Safety interim reports and Platform

Bodies Responsible Supply Chain Ecosystem and Biodiversity Investors

Management Protection other

announcements

Social media

Fair Employment and Occupational Health and Safety Employee Employee training

Rights Protection Digital Intelligence and AI representative Day-to-day

Employees Employee Training and congress communication Customer Service

Product Quality and Safety Company website Media platforms

Development Trade union Consumers and R&D and Innovation Information Security and Privacy WeChat official Service hotline

Customers Protection account

Supplier visits Day-to-day

Fair Employment and Rights

Responsible Supply Chain Onboarding communication

Protection

Management assessments Supplier training

Suppliers and Hazardous Substance Ronbay Participates in MIIT Symposium and Offers Recommendations for High-Quality Industry Development

Product Quality and Safety procurement

Partners Management

Climate Change Response processes

Circular Economy On November 28 2025 China's Ministry of Industry and

Information Technology (MIIT) convened a symposium

for manufacturers in the power and energy storage

Corporate Governance Information Security and Company Industry exchange battery sector. Ronbay was one of 12 invited

Media NGOs Compliance Operations Privacy Protection website events representatives from the battery and key materials

Industry Integrity Management and Product Quality and Safety Social media industry at this high-level forum. Chairman and

Associations Business Ethics R&D and Innovation President Bai Houshan attended and delivered remarks

etc. engaging in in-depth discussion with ministry officials

and industry peers on core topics including the

Environmental Compliance Social welfare Green production regulation of competitive order in the industry and the

Rural Revitalization and Management and public practices promotion of high-quality development and actively

Philanthropy

General Public interest offering recommendations for the sector's future

Community Engagement initiatives growth.

13About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Excellence in

Governance

Platform Innovation Empowering Business Growth

Sound Governance: Building a Solid Foundation for Development

Upholding Compliance and Strengthening Risk Management

Integrity and Self-Discipline Upholding Fairness and JusticeAbout Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Platform Innovation Empowering Business Growth Sound Governance: Building a Solid Foundation for Development

In 2025 Ronbay Technology comprehensively advanced the Ronbay regards sound corporate governance as an essential prerequisite for executing its globalization strategy and achieving high-quality

development of its platform-based organizational structure by development. In 2025 the Company strictly complied with the Company Law of the People's Republic of China the Securities Law of the

establishing three major super-platforms: Ronbay Trading Ronbay People's Republic of China and the laws and regulations of all jurisdictions in which it operates and continued to refine its governance

Investment & Operations Group and the Cutting-Edge Technology structure. We are committed to building a compliant transparent and effective corporate governance framework — continuously improving

Sub-Group. These platforms will flexibly and efficiently empower decision-making quality and management effectiveness under multinational operating conditions — and providing a robust institutional

vertically integrated technology business divisions providing foundation for the stable operation of all business activities.comprehensive support for the coordinated development of

businesses such as ternary materials LMFP and sodium-ion battery Board Governance Structure

cathodes.The Company places ongoing emphasis on the scientific rigor standardization and transparency of corporate decision-making and has

During the reporting period the company continued to strengthen established a well-structured Board governance system. During the reporting period in accordance with the new corporate governance

its competitive edge in ternary materials and the high-voltage provisions of the Company Law of the People's Republic of China (effective July 1 2024) and considering the Company's actual circumstances

production line for medium-nickel ternary materials at the Zunyi and regulatory requirements a resolution was passed at the General Meeting of Shareholders to dissolve the Supervisory Board. Its statutory

facility was successfully upgraded and passed an audit by a key functions under the Company Law are now exercised by the Audit Committee of the Board of Directors.customer.LMFP sales have doubled compared to last year and its application in electric vehicles has further expanded market growth potential;

leveraging dual advantages in technological R&D and customer acquisition the company has established an industry-leading position in

sodium-ion cathode materials; through in-house R&D and investment and acquisitions the company has rapidly entered the lithium iron

phosphate market.Meaningful R&D progress has been made in next-generation frontier materials including lithium-rich manganese-based nickel-manganese

binary and solid-state electrolyte materials building core capabilities for future technology pathway competition and demonstrating the

During the reporting period all directors and supervisors of Ronbay strictly complied with the Company Law of the People's Republic of China.Company's sustained drive for technological innovation.In accordance with the Shanghai Stock Exchange STAR Market Listing Rules the Articles of Association and other applicable requirements and

in light of the Company's actual circumstances the following governance documents were revised: the Rules of Procedure for General

Meetings of Shareholders the Rules of Procedure for Board Meetings the Rules of Procedure for the Board Audit Committee the Rules of

Procedure for the Board Nomination Committee the Rules of Procedure for the Board Remuneration and Appraisal Committee the Rules of

Procedure for the Board Strategy Committee and the Raised Funds Management Policy.During the reporting period

The Company convened 3 General Meetings of Shareholders 5 Board meetings 4 Audit Committee meetings

and 1 Remuneration and Appraisal Committee meeting.

15About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Strategy Nomination Audit Remuneration and To give investors a thorough clear and comprehensive understanding of the Company's latest operations and future plans the Company

Type Name Gender

Committee Committee Committee Appraisal Committee organized multiple results briefings during the reporting period. In April 2025 the Company hosted a telephone conference with 148

institutional investors holding in-depth discussions on business conditions new business developments and globalization strategy. In

Bai Houshan male ? ? October 2025 in response to a new industry policy environment the Company promptly convened an investor telephone conference chaired

by the Chairman engaging candidly with 162 institutional investors on overseas capacity deployment and new technology progress —

You Sang Yul male ? ? ? providing timely communication of the Company's value and strategic conviction. The Company also responded to investor inquiries through

the SSE E-Interaction platform and maintained multiple communication channels including email and an investor hotline continuously

Zhang Huiqing male ? ? gathering feedback from investors and the media to foster two-way communication.Non-Independent

Directors

Song Wenlei male ? Investor Communication Channels

Feng Tao female

Company website and official Results briefings

Fu Linjun male WeChat account

Nie Xin male ? ?

SSE Investor Interaction Periodic reports

Independent

Li Yunjiao female ? ? ? (E-Interaction) platform

Directors

Mei Yuexin female ? ? ?

On-site investor visits Roadshows and reverse

roadshows

In 2025 Ronbay continued to refine its Board performance evaluation mechanism to ensure proper governance-level accountability. The

Company maintains a close link between sustainability performance and performance-based compensation: ESG-related indicators carry a

minimum weighting of 10% in the annual performance appraisal. In addition strict compliance red lines have been established for key ESG Investor hotline and investor email

governance areas. In the event of a material violation or accountability incident a "one-strike veto" mechanism applies — disqualifying the

responsible individual from promotion grade advancement salary adjustment and awards — providing substantive enforcement of the

Company's compliance baseline and sustainability commitments.Information Disclosure

Investor Protection and Communication

The Company strictly complies with applicable laws regulations and internal policies to ensure that all disclosed information is truthful

Ronbay is committed to building a robust investor protection mechanism to enhance the Company's credibility and market competitiveness. complete and timely. The Information Disclosure Management Policy governs the Company's disclosure processes ensuring that the public

During the reporting period in respect of the first three quarters of 2024 the Company converted capital reserves into shares at a ratio of 4.9 and investors have prompt access to information and that the interests of all shareholders are effectively protected. During the reporting

shares for every 10 shares held resulting in a total of 231725615 new shares issued; this was completed in March 2025. In addition the period the Company publicly released a total of 95 documents providing a truthful and comprehensive reflection of the Company's operating

Company implemented its 2024 annual profit distribution plan paying a cash dividend of RMB 3.70 per 10 shares totaling RMB developments.

260714962.95. The cash dividend represented 88.11% of the net profit attributable to shareholders of the parent company for the year. By

combining a share conversion with a cash dividend the Company shared its operating results with investors while balancing the needs of

future development supporting the Company's long-term healthy and sustainable growth.

16About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Upholding Compliance and Strengthening Risk Management Overseas Compliance ManagementIn response to increasingly complex global compliance challenges Ronbay has built an overseas compliance management system based on

internal-external collaboration and full-process control. Combining internal audit with third-party review and using a weekly reporting

Compliance Operations mechanism to dynamically monitor and flag litigation overdue receivables and operational risks. The Company conducts in-depth analysis of

international trade and economic policy — including forward-looking research on the US Big Beautiful Act (FEOC provisions) IRA funding

In the face of a complex geopolitical environment and evolving global compliance and governance requirements the Company policy developments the European SEVESO Directive and EU data compliance requirements — and conducts thorough assessments of the

has fully integrated compliance requirements into its corporate governance and day-to-day operations. Ronbay is committed to policy and business environment in core markets including South Korea North America Europe and Singapore. This enables the Company to

building a compliance management system that meets international standards and is suited to multinational operations ensuring clearly identify compliance obligations reduce cross-border investment and operational risks and provide robust support for global strategic

decision-making.the stable conduct of all business activities.Governance Overseas Trademark Registration — Compliance Practice

The Company has established a Legal Department to oversee the development of its compliance management system. In 2025 in support of its global compliance governance and brand internationalization

Benchmarked against industry best practices the system is built around a corporate compliance culture supported by people strategy Ronbay made solid progress in overseas IP coverage successfully completing

technology policies and processes — providing a structured framework for compliance organization compliance operations and the registration of 3 US trademarks and 3 EU trademarks — with compliance as the

compliance assurance. foundation for global business development.The overseas trademark filings strictly followed the US "first-use" principle and the EU

Strategy "single registration pan-territorial protection" framework. Full compliance checks and

risk assessments were conducted throughout the process to proactively eliminate risks

The Company adheres to a proactive risk management approach covering pre-event in-event and post-event stages fully such as pre-emptive registration and infringement from the outset — a clear example of

embedding compliance review into all core business decisions policy development and contract approval processes. This the Company's deep integration of IP compliance into its globalization strategy.ensures full lifecycle risk prevention across all domestic and overseas projects from initial access to ongoing operations. The The successful registration of these trademarks serves two purposes: on one hand it

Company continuously conducts country-level compliance analysis and dynamic risk monitoring in key business regions establishes a brand compliance protection framework covering the core European and

US markets providing stable legal protection for overseas business operations and

reinforcing the management accountability of overseas subsidiaries and branches. The Company also continues to strengthen its

effectively reducing cross-border compliance costs; on the other hand it enhances

compliance performance evaluation mechanism linking compliance performance to employee appraisals and ensuring effective

brand credibility and global influence through compliant IP assets supporting the

implementation of compliance indicators across all Group business operations through periodic reporting and regular Company's steady expansion in international markets and providing a solid compliance

supervision and inspection. foundation for competing globally.Impact Risk and Opportunity Management

Compliance Risk Management

In response to the demands of global operations and multi-department compliance coordination Ronbay has systematically built a

compliance risk identification and control framework. Key compliance areas have been defined — covering anti-corruption environmental

health and safety (EHS) information and data protection supply chain due diligence finance and taxation product quality and labor and

employment — with differentiated control measures tailored to the functions of different departments. In business decision-making

procurement and tendering process oversight is strengthened to prevent compliance risks at source. In production operations financial

procurement engineering and information security risks are dynamically monitored through a weekly risk control report. Compliance

management is particularly reinforced for management personnel employees in high-risk roles and overseas staff.

17About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Minglvtang "2025 Corporate Compliance Pioneer Award" Risk Prevention and Control

Governance and Strategy

On November 21 2025 at the Falao & Minglvtang 2025 Corporate Compliance Pioneer Awards Ronbay Technology integrates risk management comprehensively into daily operations and strategic decision-making. The company strictly

ceremony Ronbay's Legal Department received the "2025 Corporate Compliance Pioneer adheres to laws and regulations such as the Company Law of the People's Republic of China and the Basic Standards for Enterprise Internal

Award" — alongside well-known enterprises including Trip.com Geely and China Life Insurance Control as well as requirements from regulatory authorities. Upholding the core philosophy of "prevention first systematic governance" the

— in recognition of its practice of "driving global business through compliance innovation." The company continuously builds a scientific and rigorous internal control and corporate risk prevention network to safeguard high-quality

award evaluates compliance system development risk management effectiveness and operations comprehensively.compliance culture development across multiple dimensions and represents strong recognition

Internal Control

of Ronbay's integration of compliance governance into technology iteration and global strategy

The company is committed to fostering an internal control ecosystem that emphasizes "compliance focus strict implementation and strong

— a powerful testament to the Company's use of compliance as an enabler for international

supervision." In accordance with the "Basic Standards for Enterprise Internal Control" and its supporting guidelines and considering its own

market development.business characteristics and risk types the company has established 18 core areas for internal control evaluation covering fund activities

procurement asset management and more and regularly conducts effectiveness assessments of internal controls.During the reporting period the company streamlined internal control processes for businesses within the evaluation scope revised and

improved internal control-related systems promoted standardization of business operations and ensured effective system implementation.As of the baseline date of the 2025 internal control evaluation report the company confirmed no material weaknesses in financial or non-

financial reporting internal controls.Building a Compliance Defense for European and American Markets Safeguarding Steady Global Operations

Impact Risk and Opportunity Management

Ronbay treats compliance management as the cornerstone of its global operations. In response to the complex and ever-changing

regulatory environments in European and American markets the company has established a forward-looking risk early warning Risk Management System

mechanism closely tracking U.S. macro trade policies (including the IRA Act DOE policies etc.) and major European legislation (such Ronbay Technology has established a "Three Lines of Defense" risk management framework covering the entire group and all business chains.as the Critical Raw Materials Act). During the year the company produced nearly 20 specialized legal research reports and a European For different dimensions of risk categories the company has developed specialized response plans and collaborative mechanisms ensuring

patent risk map effectively mitigating operational risks in advance. that all risks are "identifiable assessable and manageable" thereby comprehensively enhancing the company’s emergency response

In local operations we fully aligns with international high standards. In Europe compliance is deeply integrated into factory efficiency and risk resilience.construction and daily operations with strict adherence to EU environmental assessment standards and the SEVESO Directive. The

company has also collaborated with professional legal teams to establish a data privacy protection system covering all business

scenarios. In terms of labor compliance leveraging local regulations in the U.S. and Europe the company has successively introduced

the "Workplace Violence Prevention Management Measures" and specialized labor policies on anti-discrimination and salary protection

effectively safeguarding the rights and interests of overseas employees and fostering a transparent compliant and responsible

multinational corporate image.Compliance Training

Ronbay Technology upholds the philosophy of "routine training + targeted empowerment" deeply embedding a compliance culture into the

entire operational process and all aspects of employee performance. The company has built a comprehensive multi-layered compliance

prevention and control system. In 2025 the company conducted 7 compliance training sessions for all employees covering key areas such as

human resources international arbitration intellectual property capital markets and EU GDPR data compliance. Through this business-

specific scenario-specific and customized training model the company effectively enhanced compliance implementation capabilities in

cross-border operations and cultivated talent for compliant operations.

18About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Risk Identification Information Security and Privacy Protection

During the reporting period leveraging dynamic tracking in functional areas the company identified 121 risk points through a combination of

daily operational monitoring and specialized audits. It also conducted 11 specialized diagnostics in key areas such as procurement asset

management and commercial confidentiality. Additionally the company conducted in-depth analysis of geopolitical and overseas regulatory Governance

risks in the context of globalization accurately identifying eight major categories of strategic risks including engineering construction and

Leveraging its global business layout Ronbay Technology has established a professional organizational structure coordinated by the

cross-border information protection. The company also strengthened regular risk reviews in critical areas such as anti-corruption data

information security department and empowered by cross-functional expert teams. This enables closed-loop control of information security

security and supply chain due diligence establishing a risk inventory to enhance risk prediction and mitigation capabilities.from strategic top-level design to technical implementation. Through a dedicated information security team digital operation and

Risk Management Training maintenance team and external expert consultants the company implements multi-layered core protection measures such as data

To ensure the effective implementation of the risk management system the company conducts regular risk management training for all encryption network perimeter hardening vulnerability scanning and remediation. These measures effectively guard against risks such as

employees through the "Ronbay Academy" platform. In 2025 the company organized five specialized training sessions for all group information leaks network intrusions and potential systemic attacks collectively ensuring the secure operation of the company’s global

employees management and high-risk position personnel. By combining face-to-face seminars with online courses the company clarified risk business.control red lines and compliance requirements for each role effectively improving employees’ ability to identify and prevent risks in actual

business operations.The company bases its information security system on the ISO 27001 standard and plans to launch an ISO 27001 certification

project in June 2026. Domestic bases are scheduled for certification in 2026 and overseas bases in 2027 aligning the information

Weekly Risk Control Report Management System security management system with international standards.In 2025 Ronbay Technology continued to implement a systematic weekly report management mechanism further advancing risk

monitoring and control. The company established a multi-dimensional weekly report system including the "Legal Litigation Strategy

Management Weekly Report" "Risk Management Weekly Report" and "Engineering Progress and Compliance Weekly Report."

Through this mechanism the company achieved dynamic tracking and analysis of litigation cases real-time monitoring of internal Ronbay Technology is committed to building an agile and efficient information security architecture closely following digital trends to

and external risks and closed-loop compliance management of engineering progress significantly enhancing risk early warning integrate security with business processes and establishing a highly secure digital barrier for global operations. The company continuously

capabilities and reducing the time and cost of risk management. Additionally the weekly report mechanism effectively promoted enhances the security and compliance of its information systems solidifying a comprehensive digital security system for information security

cross-departmental collaboration with over 300 cross-departmental risk coordination meetings held throughout the year. The and privacy protection for global customers and partners.systematic case data analysis and risk trend insights in the weekly reports provided strong support for management in formulating

business strategies and played a key role in major project decisions and business expansion. Impact Risk and Opportunity Management

During the reporting period the company improved the effectiveness of information security governance through core business audits and

closed-loop rectifications. At the access level the company fully implemented the "separation of three powers" architecture and the "principle

of least privilege" ensuring strict compliance in account permissions for core systems. At the data level a data asset classification and tiering

mechanism covering the entire lifecycle was established with regular verification and specialized archiving to ensure long-term governance.At the protection level the company deepened comprehensive coverage of trade secret protection across all businesses strengthening the

security defenses for the company’s core data assets.

19About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Information Security Training Trade Secret Protection

The company has established a routine information security training system. Based on the annual specialized plan it conducts various forms The group-wide trade secret protection system focuses on the systematic protection of core intellectual property and trade secrets aiming to

of training for internal employees contractors and external partners. effectively prevent information leakage ensure strategic security and maintain legal compliance. The company formulated seven group-level

general documents including the "Trade Secret Protection System" and 14 specialized departmental documents. By establishing a layered

management structure and routine operational mechanisms the company classified and controlled operational information ensuring that

All-Employee Information Security Awareness and Specialized Training for Security Officers relevant trade secrets are "clearly documented precisely defined contact-accountable and traceable." This drives continuous improvement

and optimization of the trade secret protection system comprehensively enhancing the company’s market competitiveness and internal and

Ronbay Technology is committed to building a comprehensive digital external trust.security defense. During the reporting period the company incorporated

information security awareness into the onboarding curriculum for new Localized Information Security Deployment at Overseas Bases

employees and conducted specialized training sessions for domestic and

overseas employees covering office security norms and core data The Poland base successfully established a complete localized information security backup system. By deploying data encryption

protection. Additionally Ronbay Academy innovatively launched the "Part- software covering terminals and a unified data backup system the system significantly improved data protection capabilities. It

Time Information Security Officer Training" series helping departmental effectively reduced the risks of data loss and leakage ensuring rapid business recovery in case of unexpected incidents. It has

security leads complete 101 training sessions and deeply disseminating become critical infrastructure for ensuring the continuity of the group’s operations in Europe and has built a reliable support platform

global privacy protection regulations and compliance standards. Through for cross-border collaborative management and security protection.the "all-employee dissemination + specialized empowerment" model the

company significantly enhanced overall risk identification capabilities

providing robust data security support for global business expansion.Metrics and Targets

Business and Data Asset Protection

The company formulated and issued the "Information Security Incident Management Measures" establishing a tiered response standard from During the reporting period the company managed a total of 83cloud servers remediated 942 high-risk and above

Level I to Level IV for seven key scenarios including cyberattacks data breaches and equipment failures. By developing differentiated risk vulnerabilities and completed 8129 security baseline rectifications.management processes and regularly conducting simulation exercises for emergencies such as server downtime and network interruptions

the company systematically improved cross-departmental coordination and response efficiency. Each team’s responsibilities and We conducted7 internal information security audits and 392 information security offboarding audits.collaboration processes in real emergencies became clearer and more efficient. In complex emergency scenarios such as server downtime or No major information security incidents or externally reported complaints occurred in 2025.network interruptions the company can quickly determine the incident level and initiate differentiated response processes based on the Level I

to IV standards achieving immediate risk identification precise localization and proper closed-loop resolution.Privacy Protection

Ronbay Technology strictly complies with global operational laws and regulations including China’s "Data Security Law" "Personal Information

Protection Law" "Data Export Security Assessment Measures" and South Korea’s "Personal Information Protection Act." The company has

established a matrix of systems covering access control password management and information asset security. By deploying Data Loss

Prevention (DLP) systems and integrating technologies such as data encryption permission tiering and media control the company achieved

comprehensive privacy protection from terminal devices to data assets effectively safeguarding user privacy and sensitive information.

20About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Integrity and Self-Discipline Upholding Fairness and Justice Guidelines and Compliance Foundation: Ronbay Technology Releases the 2025 Edition of the Code of Conduct

Ronbay Technology adheres to the principles of fairness and justice in the market economy continuously optimizes its business ethics As Ronbay Technology accelerates its globalization establishing an ethical discourse system aligned with international standards

management system comprehensively advances integrity building and anti-corruption governance and is committed to fostering a compliant has become a core task. In 2025 through extensive research and cross-departmental collaboration the company launched the first

honest and trustworthy work environment. edition of the "Code of Conduct." While inheriting the company’s tradition of "integrity and transparency" this edition specifically

Governance and Strategy incorporates principles from the United Nations Global Compact (UNGC) and international anti-corruption standards aiming to create

a globally unified foundation for business ethics. The release of the new code will provide solid institutional support for the

The company has established an integrity governance company’s steady operations during its global expansion and demonstrate to global stakeholders the company’s firm commitment to

framework coordinated by the Board’s Discipline Committee business ethics high-quality development and sustainable growth.and supported by multiple systems ensuring the

independence of supervisory functions. In 2025 the company

continued to improve its integrity management system

revising and issuing a series of core regulations including the Anti-Corruption Training

"Supervision Management System" and the "Integrity The company leverages the "Ronbay Academy" to deeply integrate integrity culture into employees’ career development. Through online

Compliance Management Measures." These documents clarify courses offline promotional sessions and publicized typical cases the company ensures comprehensive integrity education for all

the classification of prohibited behaviors and supervision employees from management to frontline staff. In 2025 the coverage rate for business ethics training for new employees and the signing rate

procedures further improving whistleblower protection and for the "Integrity Compliance Commitment Letter" both reached 100%. Through a routine all-employee empowerment system integrity and

incentive mechanisms. By requiring all employees to sign anti-corruption awareness are effectively transformed into employees’ conscious behavior fostering a sound business ethics environment.integrity commitment letters and adhering to the principle of

"learning from past mistakes to avoid future ones and curing Supplier Integrity Management

the illness to save the patient" the company continuously

strengthens integrity management responsibilities ensuring The company is committed to implementing a comprehensive supply chain integrity prevention and control system covering the entire cycle of

compliance duties are assigned to specific roles. supplier screening collaboration and supervision. At the screening stage strict background checks are conducted. During collaboration a total

of 362 ‘Supplier Integrity and Compliance Commitment Letters’ were collected and registered within the reporting period achieving 100%

Impact Risk and Opportunity Management coverage of all cooperating suppliers. For ongoing supervision the Risk Control Center oversees the entire tendering and bidding process. By

issuing the "Supplier Code of Conduct" and establishing mechanisms for addressing violations through discussions and exit protocols the

Whistleblower System company continuously guides suppliers to jointly foster a fair and transparent partnership.Ronbay Technology has established a comprehensive anonymous whistleblower reporting and protection system encouraging internal and Anti-Monopoly and Anti-Unfair Competition

external stakeholders to report violations through dedicated channels. The company strictly enforces a confidentiality mechanism for reports

follows the principle of minimizing the number of informed individuals strictly prohibits and severely cracks down on any form of retaliation Ronbay Technology strictly complies with the "Anti-Unfair Competition Law of the People’s Republic of China" and the anti-monopoly and anti-

and effectively safeguards the legitimate rights and interests of whistleblowers. During the reporting period the resolution rate for violation unfair competition laws and regulations in the regions where it operates overseas. By formulating comprehensive compliance guidelines

incidents reached 100% effectively demonstrating the company’s "zero tolerance" stance toward business misconduct. clarifying legal consequences and conducting specialized legal training the company firmly opposes any restrictive competition or unfair

practices fully committed to maintaining a fair and healthy market order. The company requires all employees to internalize compliance

Reporting Channels awareness in business details building a solid foundation for steady development with legal and compliant competitive strategies and

fulfilling corporate citizenship responsibilities.Tel and Wechat 15057426133 Whistle-blowing QQ 2140436461

Whistle-blowing email jubao@ronbaymat.com Mailing address The Supervision Department of Ronbay

Risk Control Center 39 Tanjialing East

The company’s WeChat Whistle-blowing and complaint Road Yuyao Zhejiang

21About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Value-Driven

Ecosystem-Based Operations and Innovative Business Models

Platform Empowerment Deepening Innovation and R&D

Intellectual Property Protection: Safeguarding Innovation

Quality First: Delivering Excellence in Products and ServiceAbout Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Ecosystem-Based Operations and Innovative Business Models Platform Empowerment Deepening Innovation and R&D

The company has successfully transformed into a platform-based materials group committed to serving as an integrated industry R&D and Innovation

solutions provider for battery materials. This strategic shift establishes an eco-oriented business model for long-term sustainable growth.In addition to supplying high-performance battery materials to customers the group is building a full-chain closed-loop solution covering

"materials + recycling" which will significantly lower supply chain carbon footprints and contribute to global efforts to address the climate Governance

crisis. At the same time the company actively practices low-carbon principles aligns with global carbon neutrality goals implements

carbon management and emission reduction initiatives internally and promotes efficient use of environmental resources while minimizing Ronbay has established Cutting-Edge Technology sub-group to strengthen the coordination between R&D and manufacturing functions

impact through measures such as building a circular recycling industry chain and adopting lean operational management. These concrete connecting the full cycle from technology development to commercial deployment. This not only accelerates the commercialization of new

actions embody the Ronbay Ecology Strategy and drive the establishment of a sustainable business model. technologies but also builds an integrated R&D and manufacturing capability oriented toward the future.In 2025 the Company maintained the Central Research Institute Strategic Project Management System and the R&D Project Intellectual Property

Management Guidelines as its core governance frameworks rigorously implementing a full-lifecycle R&D management process covering

project initiation and evaluation process control commissioned research new product trials and IP protection — ensuring that all R&D

activities are conducted in an orderly and efficient manner.Strategy

R&D Concept

The Company maintains a customer-centric service concept and is committed to becoming a world-leading technology enterprise that drives

both technological innovation and commercial value in the global secondary battery sector. In practice R&D activities follow a three-track

strategy of frontier research active development and in-production optimization covering the full value chain from upstream mining and

urban mining through key battery materials to end-use battery packs battery applications and recycling. In the R&D process the Company

advances IPD (Integrated Product Development) process development and embeds AI applications including the development of an internal

large AI model while also strengthening engagement with external innovation ecosystems to globalize its R&D capabilities. The Company is

driving the deep integration of its Central Research Institute and Engineering and Manufacturing Division transforming them into a technology

incubation platform to commercialize frontier technologies at scale.

23About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

R&D and Innovation Framework Impact Risk and Opportunity Management

Guided by its "Four New Strategy" — new technologies new models new ecosystems and new markets — Ronbay is driving a comprehensive

transition in its R&D system from commercially driven to innovation led. The Company has built a multi-dimensional support matrix centered R&D Direction

on an AI Electrochemistry Integrated Innovation Platform (encompassing advanced testing AI computational simulation and battery Ronbay focuses on the R&D of battery cathode materials and precursor materials. Through an Integrated Product Development (IPD) model

chemistry systems) complemented by R&D resource management patent management and ecosystem development. centered on customer needs the Company drives cross-functional collaboration and efficient product iteration.Leveraging this matrix the Company is accelerating the digital and intelligent transformation of its R&D system building an integrated R&D Leveraging its full value chain technology platform the Company continues to consolidate its leadership in high-nickel materials while

hub that combines value chain innovation AI-powered digital enablement and startup incubation. While consolidating the technological accelerating the commercialization of mid-nickel high-voltage LMFP and sodium-ion materials. The Company's technology moat now extends

foundation of its current product portfolio the Company is also making forward-looking investments in frontier areas deeply integrating AI and across lithium and sodium cathode materials precursors resource recycling engineering equipment and solid-state battery materials.computational simulation to accelerate breakthroughs in underlying electrochemical technologies — laying a solid technical foundation for Looking ahead the R&D team stays closely aligned with the frontier needs of the value chain using cutting-edge innovation to drive

new business incubation and industrial upgrading. commercial breakthroughs. Four long-term technology priorities have been identified:

24About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Engineering Equipment and Process Innovation

AI4S Research Platform Development

To support the long-term implementation of the Company's intelligent manufacturing roadmap Ronbay is systematically advancing the

innovation and upgrading of production equipment. For ternary products equipment innovation focuses on increasing capacity and improving

process continuity with targeted R&D on key equipment for sintering batching and wet processing — building a solid intelligent Core activities in 2025

manufacturing foundation for green and low-carbon production and achieving high consistency and controllability in product performance. Deepened the application of the Laboratory Information Management System (LIMS) within the testing platform to ensure full-

For LFP products equipment upgrades center on process adaptability with the goals of reducing resource and energy consumption process traceability of experimental data. R&D efficiency and data standardization have steadily improved providing a stable and

shortening process cycle times and continuously improving the efficiency and sustainability of the manufacturing process. reliable platform for parallel R&D across multiple technical routes and rapid iteration.High-throughput screening of solid-state battery materials

Development of computer vision methods for particle agglomeration recognition and process optimization

Innovation Enablement and Industry-Academia-Research Collaboration Outcomes

In 2025 Ronbay continued to deepen its industry-academia-research (IAR) collaborative innovation with leading universities and research Using fine-tuned high-precision machine learning force fields and enhanced sampling simulations to reveal the thermal stability

institutions at home and abroad making steady progress in R&D platform development talent attraction and development key technology mechanisms of cathode materials providing theoretical guidance for the design of high-safety cathode materials.breakthroughs and intellectual property creation — comprehensively strengthening the Company's core technological competitiveness and Supporting component design and screening for solid-state ternary cathode materials — efficiently generating design solutions

industrial innovation capability. by integrating key performance parameters including structural stability electronic structure defect formation energy and ionic

conductivity — thereby reducing R&D costs.For advanced materials R&D applications an independently developed computer vision algorithm for the quantitative

characterization of particle agglomeration morphology was built in-house enabling automated recognition precise extraction

Collection of R&D Platform Construction Cases and quantitative characterization of particle agglomeration features. The algorithm has been successfully deployed in

production providing stable support for materials R&D and analysis and effectively driving the digital and intelligent upgrading of

Industry-University-Research Cooperation & Key Project Tackling customers' materials R&D systems while improving overall R&D efficiency.Jointly applied for Hubei Provincial Innovation Projects with Wuhan University focusing on technological

breakthroughs in the frontiers of new energy materials.Continued to advance Ningbo Municipal Scientific and

Technological Breakthrough Projects in collaboration with the Ningbo Institute of Materials Technology and

Engineering (CAS) Ningbo University Ningbo Eastern Institute of Technology University of Nottingham Ningbo

China and other universities/research institutes to promote industrialization.Cultivation & Recruitment of High-Level Talents

Collaborated with Zhejiang University University of Science and Technology of China and other institutions to

recruit 4 new post-doctoral fellows; completed exit evaluations for 4 post-doctoral fellows during the same

period. The current pool of in-station post-doctoral researchers has reached 22.Research directions fully cover

key fields such as sodium-ion battery cathodes ternary cathodes precursors and solid-state batteries

forming a high-level scientific research team with a balanced structure and focused direction.Platform Construction & Efficiency Enhancement

Optimized process verification and sample development capabilities based on existing experimental platforms for

mid-to-high nickel ternary materials sodium battery cathodes phosphate cathodes and solid-state battery

materials. Deepened the application of the Laboratory Information Management System (LIMS) within the testing

platform to ensure full-process traceability of experimental data. R&D efficiency and data standardization have

steadily improved providing a stable and reliable platform for parallel R&D across multiple technical routes and

rapid iteration.

25About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Culture Development

R&D Achievements To cultivate a data-driven and innovation-oriented culture across the organization the Company placed particular emphasis on mindset

The client-side comprehensive performance of nickel-manganese products ranks first. The annual shipment volume exceeds change and capability building. In 2025 the Company systematically delivered AI-related training programs to help employees adapt

57 tons and the product has entered the PPAP review stage. proactively to the advancement of AI technology and strengthen their professional value in the context of intelligent transformation — enabling

The client-side comprehensive performance of lithium-rich manganese products ranks first. The cumulative shipment volume employees to apply advanced technologies effectively to solve problems drive business innovation and create value. At the same time the

of solid-state products is over 8 tons and the liquid-state products have entered the hard case verification stage. Company enhanced its process governance framework centered on business architecture developed an annual process development plan

Hard carbon anode materials have completed ton-scale pilot-scale amplification meeting the customer's demand for and improved document management standards through departmental document control training. These initiatives aim to build an

100-kilogram-level shipments. organizational consensus around "data-driven decisions and intelligence-powered efficiency" laying the necessary mindset and behavioral

foundation for the deeper implementation of the Company's AI and digital strategy.R&D Innovation Awards & Honors

AI-Enabled R&D Innovation — Cell Performance Prediction: "AI Industry Innovation Landmark Case"

We have actively carried out independent talent cultivation within the department and promoted government talent

certification. In 2025 1 employee was selected for Ningbo's "Yongjiang Talent" Program 1 for Ningbo Young and AI has become a core engine driving industrial transformation and upgrading. Ronbay continues to

Middle-aged Leading Talent 1 for Yuyao Outstanding Young and Middle-aged Talent and 1 for Yangming Blue-collar

Talent. accelerate its digital and intelligent transformation advancing the deep application of AI in the new

energy materials sector. In conventional cell performance prediction traditional cycle testing

Based on Rongbai's intellectual property achievements in the past two years the Zhejiang Provincial Intellectual Property typically takes up to one month with long feedback cycles on process performance and poor

Administration exceptionally recommended Rongbai as a "National Intellectual Property Demonstration Enterprise" two

years in advance and Rongbai ranked first in Ningbo Zhejiang in the recommendation and public notice scoring. timeliness — significantly impacting product R&D and customer delivery experience. Ronbay

pursued a focused strategy of data pipeline integration hybrid model development and business

scenario deployment building an AI prediction model that combines early-stage cell material test

Digital Intelligence and AI Enablement data (from the first week of testing) to predict cell material performance in subsequent tests. The

prediction results can be used directly as a basis for R&D decisions and customer delivery.Governance Through the application of cell cycle performance prediction prediction time for cell performance

Ronbay's digital intelligence development strategy is led and fully owned by the Management Transformation and Digital Intelligence Center. In results has been reduced by 75% significantly improving R&D and delivery efficiency.

2025 the Company established a Data Intelligence Department to systematically advance data governance data middle platform

development and AI scenario deployment building a top-level architecture for data-driven business innovation and intelligent decision-

making.AI Empowers Production and Manufacturing

Strategy

The Company is committed to building an integrated platform

Ronbay has built a complete closed-loop system linking business

spanning the full value chain — R&D production sales and

requirements to Industry 4.0 solutions: business units identify

service — with AI and digital intelligence technology as its core AI Empowers Production and Manufacturing

requirements and pain points and the Engineering and

engine. Through deep integration of value chain resources the

Manufacturing Division draws on its Industry 4.0 capabilities to

Company is developing an open and collaborative new energy

conduct requirements analysis design customized solutions and

cathode materials industry ecosystem continuously

deploy algorithms — covering the full chain from problem

strengthening its comprehensive competitiveness in global

identification to technical delivery. In parallel the Management

markets.Transformation and Digital Intelligence Center acts as a

Impact Risk and Opportunity Management technology enablement hub overseeing the development of the

System Operations Security and Infrastructure Strengthening Group-level computing platform building R&D large AI models

In 2025 the Company completed a comprehensive upgrade of its global digital intelligence systems. By building a group-wide wide-area and providing dedicated technical support — continuously

network and off-site disaster recovery system covering China South Korea and Poland the Company effectively ensured business continuity. injecting foundational capabilities and resources into front-end

On the business enablement front SAP OA and budget management systems were optimized and the SAP-QM module was successfully processes. This collaborative mechanism deepens the integration

deployed at the South Korea site to meet overseas compliance requirements. During the reporting period financial automation upgrades and of business and technology while platform-based enablement

in-house system delivery cumulatively saved over RMB 3.5 million in external operations and development costs achieving 100% agile accelerates the scaled deployment of intelligent transformation.response to business requirements — maintaining stable operations while delivering lean management and cost efficiency improvements.

26

Equipment Development

Production Line Design

Intelligent Manufacturing

Lean Innovation

Mass Production ProcessAbout Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Intellectual Property Protection: Safeguarding Innovation Impact Risk and Opportunity Management

Type Description Description

Governance

Delays in R&D or rapid technology iteration Establish a coordination mechanism between R&D and IP functions;

Ronbay has established an efficient and well-coordinated IP governance structure. Our Intellectual Property Department serves as the central Patent Portfolio may cause the Company to miss critical implement a tiered and categorized protection strategy; dynamically

hub for IP strategy planning and execution with dedicated teams covering patent portfolio management patent analysis commercialization Timeliness Risk commercialization windows for patent assess technology readiness levels; conduct FTO (Freedom-to-Operate)

and dispute resolution. Working in close coordination with the Legal Department this specialist IP team is responsible for core IP matters filing and may also erode the value of analysis and infringement risk assessments to maintain the ongoing

including portfolio development commercialization licensing and litigation as well as identifying and managing IP risks across the full R&D existing patent assets. effectiveness of patent assets.production and sales value chain. This cross-functional collaboration provides strong organizational support for the Company's compliant Differences in overseas regulations and Implement localized legal strategies and conduct IP cross-border

operations and innovation-driven development. The Company follows the principles of protecting innovation outcomes strengthening product Cross-Border IP the risks of IP disputes and trade secret transfers in compliance with applicable regulations; build a closed-loop

competitiveness respecting intellectual property rights and achieving commercial success. In strict compliance with domestic and Operations and leakage arising from multinational trade secret protection framework combining contractual agreements

international laws and regulations — including the Patent Law and the Anti-Unfair Competition Law — the Company has built a comprehensive Compliance Risk operations. and internal controls; develop a specialist team to proactively manage

management framework comprising over 20 internal policies including the Intellectual Property Management System the Patent Filing disputes and strengthen global trademark and copyright management.Approval and Incentive Policy and the Overseas Patent Filing Management Policy covering the full lifecycle of IP creation utilization

protection and management. In 2025 the Company introduced two new policies — the Work Instructions for Intellectual Property Clause

Drafting and the Patent Value Assessment Guidelines — to further strengthen the strategic role of IP in R&D decision-making and commercial National IP Demonstration Enterprise Designation

partnerships. Key confidentiality protocols were also systematically upgraded to raise the standard of protection for the Company's core trade

secrets and technical know-how while improving overall management effectiveness. In 2025 the Company maintained its ISO 56005 Innovation and Intellectual

Property Management Capability Level 3 certification and its Enterprise

Strategy Intellectual Property Compliance Management System (GB/T 29490)

certification with the maturity of its management system receiving professional

In 2025 the Company worked toward its goal of becoming a leading enterprise in global IP protection in the cathode materials sector actively recognition. Following its selection as a "National IP Demonstration Enterprise"

building a globalized IP strategy with a focus on two key dimensions: in 2023 the Company was awarded qualification to create a "2025–2027

Core patent portfolio development: Building a comprehensive multi-layered IP protection framework through forward-looking patent National Intellectual Property Demonstration Enterprise" — in recognition of its

filings global portfolio coverage high-value patent cultivation and strategic cross-licensing with competitors — providing robust support outstanding performance in IP strategy implementation high-value patent

for global business expansion. cultivation and risk management system development — significantly

Global risk management: Embedding IP risk identification control and mitigation into R&D sales and operations at every stage enabling enhancing its external recognition and industry standing.proactive risk prevention.Dimension Strategic Direction Metrics and Targets

Volume Continuously grow the total patent count; strengthen international patent coverage; increase the proportion of By the end of 2025 the company's total cumulative number of patent applications is projected to reach1618

overseas patent filings.including959 invention patents with a cumulative total of755 patents granted.Quality Focus on priority R&D projects; build high-value patent portfolios around core patents; ensure effective

protection of technology outcomes while establishing technology barriers. The number of PCT international applications is expected to be70 with30 families having entered the national phase

covering major global markets such as China the United States Europe Japan and South Korea.Analysis Deepen patent intelligence analysis to support decision-making in R&D investment and financing and financial

management. The patent application output of R&D personnel is anticipated to increase by 34% year-on-year demonstrating the sustained

Risk Control Optimize risk management processes; improve the timeliness of risk identification early warning and

release of technological innovation vitality.response.

27About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Quality First: Delivering Excellence in Products and Service Strategy

Closely aligned with the Group's "New Integration" strategy we have systematically developed its quality management strategic objectives to

Product Quality and Safety drive a comprehensive upgrade in quality management and support the Group's high-quality development through quality excellence. To

effectively implement this strategy Ronbay has established three core objectives — improving physical product quality strengthening the

Product quality and customer service are the foundation of trust between a company and its customers and a key factor in earning quality management system and developing quality talent — to be delivered in a phased short- mid- and long-term plan. In 2025 the

recognition and loyalty. Ronbay continuously advances its quality management system implementing comprehensive quality management Company translated these objectives into specific initiatives across three dimensions — product quality management systems and talent

measures and making product excellence and superior customer service the cornerstone of its sustainable development. development — working in concert to continuously improve overall quality management capability and make steady progress toward its

strategic goal of achieving the highest quality standard in the global new energy industry.Governance

1-Year 3-5 Year 10-Year

The Company has established a Quality Management Department responsible for all product quality management matters. Responsibilities

for product quality management are clearly defined at both the Group level and the factory and site level with quality targets linked to

Stabilize quality management Comprehensive quality One Ronbay one system one

individual performance — ensuring that quality management accountability is enforced at every level of the organization. Target

performance management standard culture integration

Management Tier Role and Responsibilities Benchmarking-based quality System self-sustaining operations Comprehensive customer proximity

management Talent management system Co-building a distinctive quality

Strategy translation and deployment policy and system design professional enablement Excellence quality system establishment culture

Group Content Quality digitalization Full lifecycle quality management High quality beyond-expectation

innovation and improvement target setting and management Quality culture development Quality culture co-development service

Quality enablement and talent Deep customer engagement to drive

Business Unit and Factory Business execution target implementation and achievement development satisfaction

Guided by its quality management philosophy of "customer first technology innovation regulatory compliance standardized management

risk control and continuous improvement" Ronbay continuously strengthens its quality management system. The Company conducts regular Impact Risk and Opportunity Management

internal audits of system performance each year to ensure the system operates with sufficient scope and effectiveness identify gaps and

drive timely improvements — thereby maintaining robust high-standard product quality and safety. Ronbay Technology places high importance on product quality management. By carrying out full-lifecycle quality management specialized

quality management programs and quality culture development initiatives the company comprehensively enhances its quality control

In 2025 all operational production sites achieved 100% certification to IATF 16949:2016 and ISO 9001:2015 quality management system capabilities laying a solid foundation for producing products of exceptional quality.standards. Hubei and Yuyao laboratories both obtained CNAS accreditation and continue to be managed in accordance with these

standards.Ronbay has established a product quality management system covering all dimensions of the "5M1E" framework — man machine material

method environment and measurement — implementing end-to-end precision management through procedural documents such as the Metal

Foreign Matter Control — Personnel Management Standard. During the reporting period the Company introduced and updated several Process Quality Management

documents including the Material Classification Standard for Pending Items the Internal Audit Control Procedure and a series of supplier The company consistently regards full-lifecycle process quality management as a key pillar of product quality. By strictly implementing

management documents — further strengthening requirements for material classification internal auditing full-process supplier standardized operating procedures strengthening control over key processes and refining the quality risk early-warning and problem

management and TPM maintenance. Through comprehensive quality management the Company ensures product consistency and supply closed-loop mechanisms we continuously improve process stability and product consistency laying a solid foundation for the company's

chain resilience effectively driving the continuous improvement of its quality management system. sustainable high-quality development.

28About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Total Productive Maintenance (TPM)

In 2025 Ronbay's JS site in South Korea successfully completed its TPM project

establishing a site-centered foundational management system. Following an on-

site inspection over 1000 identified issues were rectified effectively improving

frontline employees' ability to identify problems and drive improvements.Improvement case studies were compiled and shared across the Company

supporting greater stability in site management.Product Recall Mechanism

To protect customer interests Ronbay has established a comprehensive three-tier product recall system. When quality anomalies are

identified the Company will immediately notify affected customers and initiate the recall procedure in accordance with the severity of the

issue minimizing customer losses to the greatest extent possible. No product recall incidents occurred during the reporting period.Metal Foreign Matter Management

Quality Culture Development

To drive ongoing product quality improvement and consolidate its benchmark position in the industry Ronbay further deepened its metal Ronbay places great importance on building a strong quality culture and is committed to fostering a culture of quality that engages every

foreign matter controls in 2025 establishing high-standard metal foreign matter management protocols. Through rigorous quality employee and is deeply embedded across the organization. The Company adopts a blended approach combining online and in-person training

management standards the Company upholds its responsible product philosophy and provides customers with safe stable and high-quality ensuring that every employee receives comprehensive quality knowledge and practical skills. In 2025 nearly 200 training sessions were

product assurance. organized throughout the year with cumulative participation exceeding 10000 person-times.Metal Foreign Matter Control "SAW" Specialist Training — Xiaocao'e Site

The Group and manufacturing site metal foreign matter control specialist In 2025 the Xiaocao'e site continuously organized its "Solution A Week"

teams completed a review of nearly 100 control documents across 8 Group (SAW) quality problem analysis and improvement training program

manufacturing sites establishing metal foreign matter control requirements developing five specialist courses covering quality tools including 5 Why

for each production stage and rolling these out across all sites. On-site PDCA Pareto analysis and 5W2H. Relevant processes were standardized

activities including copper and zinc wipe-down inspections and equipment and employees were encouraged to proactively identify analyze and

material verification were conducted to ensure compliance with metal foreign address quality issues — effectively improving the quality tool proficiency

matter control requirements. In 2025 the metal foreign matter pass rate (JMS and problem-solving capability of all staff.< 30 particles MI < 30 ppb) reached 99.77% and the premium grade rate

(JMS < 15 particles MI < 15 ppb) reached 89.44% maintaining Ronbay's

position among the industry leaders in metal foreign matter control.Metrics and Targets

Targeted Quality Initiatives

occurrences of major product quality and safety incidents. Annual shipment batch qualification rate: %

To drive continuous product quality improvement the Company focused on core production processes and launched targeted quality 0 99.99

improvement initiatives including metal foreign matter control and Total Productive Maintenance (TPM). Through high-standard quality Product first-pass yield:99.52%

management the Company upholds its responsible product philosophy and delivers safe stable and high-quality products to customers.

29About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Process Measures

Hazardous Substance Management

Prior to procurement key material suppliers are required to provide product test reports issued by qualified

Governance Raw Material third-party testing institutions.Procurement Hazardous substance management system qualification requirements for supplier production facilities are

Hazardous substance management forms part of the product quality and safety system and its governance structure is closely aligned with incorporated into the supplier onboarding audit process and evaluated as a dedicated scoring item.the overall product quality and safety management framework. This topic is overseen at the Group level by the Quality Management

Department which is responsible for strategic planning standard-setting and monitoring. Day-to-day control inspection and improvement The Environmental Substance Management Regulations have been developed and implemented to

activities are carried out by the quality management departments at each production site. This two-tier collaborative management model systematize and standardize hazardous substance management processes.ensures that hazardous substance management requirements are effectively implemented and consistently upheld across the full business The quality management departments at each production site are responsible for regularly updating the

chain. Production Process

Management inventory of applicable laws and regulations organizing systematic compliance reviews and benchmarking

Strategy inspections and conducting dedicated hazardous substance testing on production equipment. Controls

across transportation warehousing and all other process steps are simultaneously strengthened to ensure

To fully meet international regulatory requirements and customer expectations Ronbay has developed its hazardous substance management zero introduction of hazardous substances throughout the production process.approach in reference to a comprehensive set of regulations and standards including the EU Battery Regulation the EU Packaging and

Quality management departments at production sites sample finished products and commission third-party

Packaging Waste Directive the Restriction of Hazardous Substances Directive (RoHS) the Registration Evaluation Authorisation and Restriction

of Chemicals (REACH) regulation the End-of-Life Vehicles Directive (ELV) and applicable limits on halogen content (such as chlorine and testing institutions to conduct hazardous substance testing.Product Delivery

bromine) in products. The system is also aligned with IECQ QC080000 — Hazardous Substance Process Management (HSPM) requirements. Management The Group Quality Management Department centrally archives and manages hazardous substance test

This has resulted in a full-process hazardous substance management system covering the entire chain from raw material procurement to reports for all outgoing products ensuring that 100% of delivered products are certified through third-party

product delivery with the goal of supplying customers with green safe and contaminant-free products.testing.Impact Risk and Opportunity Management

Ronbay has built a hazardous substance management system spanning the full chain of raw material procurement production and product

delivery. The Company strictly adheres to the management principle of "do not accept do not produce do not ship" products containing

hazardous substances relying on standardized processes and third-party professional test reports to ensure the effective implementation and Metrics and Targets

reliability of the management system.

100% of purchased raw materials (from active key material suppliers) must pass third-party testing certifying the absence of

hazardous substances.

100% of the company’s mass-produced and delivered products must pass third-party testing certifying the absence of

hazardous substances.

30About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Customer Service Customer Complaint Management

Ronbay places great importance on the management of customer complaints. The Company has developed the Customer Service Control

Governance Procedure and the Customer Satisfaction Management Policy among other documents. A comprehensive customer feedback channel and

complaint handling process has been established to ensure that customer needs and complaints are acknowledged handled and resolved in

Ronbay places customer service at the highest strategic level across the Group. Given the complexity of battery material systems and the a timely thorough and appropriate manner. Through complaint information collection and integration regular analysis and corrective action

diversity of customer needs we have established an "Iron Triangle" cross-functional project coordination mechanism bringing together sales and tracking and collaborative improvement the Company operates a closed-loop customer complaint management system.R&D procurement and engineering teams to respond to customer needs jointly deliver end-to-end technical solutions and build deep

customer partnerships. The Company has also established a systematic market research function that continuously tracks global new energy

policy developments and industry trends to guide customer development and sales strategy. In terms of customer development the Company

Information Collection and

focuses on strategic-tier customers building stable long-term relationships through long-term supply agreements priority capacity allocation A customer complaint information log is maintained to systematically collect consolidate and

Integration

and joint R&D collaboration. record complaint data ensuring completeness and accuracy of information.Strategy Cross-functional teams — spanning technology production quality procurement and sales —

Guided by a customer-centric service philosophy the Company continuously strengthens its customer service system across pre-sales in- Regular Analysis and Corrective are convened regularly to jointly analyze complaint data develop targeted corrective measures

sales and after-sales stages to improve customer satisfaction and response efficiency. A suite of management procedures has been Action track the effectiveness of remediation and drive systematic improvement of recurring

developed — including the Customer Requirements and Contract Review Control Procedure the Customer Service Control Procedure the complaint issues.Customer Satisfaction Control Procedure and the Customer-Specific Requirements Control Guidelines — to standardize management

processes and continuously improve customer response efficiency and satisfaction. Where customer complaints require external remediation specific collaborative improvement

Tracking and Collaborative requirements are communicated to raw material suppliers through the procurement channel.Impact Risk and Opportunity Management Improvement Customer usage outcomes are continuously tracked to ensure end-to-end closed-loop

Customer Service Management resolution of quality issues.The Company has implemented a Customer Relationship Management (CRM) system migrating the management of domestic and overseas

customers fully to an online platform. This enables traceable customer information end-to-end sample process visibility and full-chain control

of internal orders — improving customer experience and management efficiency.To further enhance customer satisfaction the Company is Metrics and Targets

advancing the development of a digital supply chain traceability system with the goals of achieving full product traceability zero data errors

and a nearly threefold improvement in traceability efficiency — using digital monitoring to ensure product quality and timely traceability 100 % Traceability System Product Coverage Rate

response. In 2025 the Company deepened customer relationship management through a range of initiatives including company website and

WeChat official account promotion participation in trade shows and forums customized product development priority production scheduling In 2025 the company received a total of 9 customer complaints with 0 Level C or above complaints (defined as those involving a

flexible payment terms and one-to-one order tracking — driving continuous improvement in customer satisfaction.total loss of over RMB 500000 or a customer complaint compensation amount of over RMB 20000).Customer Recognition Awards and Honors As of 2025 Ronbay Technology has maintained a 100 customer complaint resolution rate for four consecutive years.Far East Holding Group EVE Energy Qingtao Energy

Outstanding Supply Chain Green Partner Award Outstanding Technology

Partner Award Collaboration Award

31About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Green Operations

Energy Conservation Emission Reduction and Climate Change

Addressing

Resource Circulation and Recycling System Building

Green Manufacturing and Zero-Carbon Green Power Advancing

Co-creating Environmental Protection Safeguarding Lush Mountains

and Lucid WatersAbout Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Energy Conservation Emission Reduction and Climate Change Category Sub-Category Special Manifestations Potential Financial Impact Response Measures

Addressing

Global policies on carbon

accounting third-party audits

Climate Change Addressing carbon taxes and other Monitor policy developments in real-

Enterprise operational costs rise

requirements are becoming time to adjust climate strategies. Pay

Climate change is a common challenge faced by all humanity today and the strongest driving force behind the global energy transition and the risk of non-complianceincreasingly stringent. attention to government climate

towards green and low-carbon development. As a globally leading new energy materials enterprise Ronbay Technology is fully aware of its Policy & Law penalties increases. Policy-basedIndustry subsidies are subsidies and establish a climate

pivotal role as a key hub in the global zero-carbon industry chain. In 2025 our company comprehensively benchmarked against the TCFD income sharply declinesgradually being phased out risk management system to alleviate

(Task Force on Climate-related Financial Disclosures) framework and the IFRS S2 (International Financial Reporting Standard S2 – Climate- compressing corporate profits.and cost pressures are being pressure on corporate profitability.related Disclosures) requirements establishing a scientific climate change management system.transmitted upstream through

Governance the industrial chain.Downstream enterprises

Ronbay Technology has established a top-down governance structure with clear authorities and responsibilities for addressing climate

impose stricter requirements Advance production line retrofitting

change ensuring that climate-related issues are deeply integrated into our company's investment decisions and daily operations. The Existing production lines face the

on the performance and low- and introduce green low-carbon

Corporate Ethics and ESG Management Committee leads and oversees the formulation of climate strategy objectives. Its subordinate risk of being phased out or idled

carbon attributes of cathode equipment and processes. Achieve

Sustainability Department is responsible for identifying and assessing climate risks tracking and managing carbon footprints and regularly leading to asset impairment. The

materials. Changes in low-cost compliance through carbon

reporting progress upwards. Concurrently by establishing a cross-departmental climate working group covering core departments such as Technology company's low-carbon transition

R&D procurement and production we decomposes and rigorously implements annual energy conservation emission reduction and carbon technology pathways lead to a market trading. Collaborate withand business transformation will

management targets. contraction in the company's upstream partners for synergisticresult in a significant increase in

ternary material market carbon reduction to share R&D and

R&D and retrofitting expenditures.Strategy Transition necessitating corporate transition costs.Risk transformation.Ronbay Technology adheres to promoting green and low-carbon transformation through technological innovation. Its core approach is to

empower carbon reduction across the entire industry chain through carbon asset management thereby enhancing awareness among all Through communication and

employees and the resilience of the entire industry chain implementing quantified decarbonization pathways and striving to become a research on customer procurementIf products fail to meet customers'

carbon-neutral benchmarking entity in the global new energy industry. Downstream customers are needs accurately discernperformance and green

As a globally leading manufacturer of new energy cathode materials Ronbay Technology consistently aligns with the global trend of green and gradually shifting their downstream green procurementprocurement standards there is a

low-carbon transformation actively responds to the Paris Agreement's goal of "limiting global warming to 1.5°C" and proactively undertakes Market preference towards high- trends. Use customer demands torisk of order loss leading to a

the social responsibility of low-carbon emission reduction. performance and green low- drive internal technologicaldecline in the company's operating

carbon products. breakthroughs and product iteration

revenue and profit margin.building the core competitiveness of

Ronbay Technology commits: Achieve Net-Zero at the operational level (Scope 1+2) by 2 0 3 0 the products.Achieve Net-Zero across the industry chain (including Scope 3) by 2035 External demands for Negative carbon management By establishing a reliable carboncorporate carbon practices can affect investor management system conducting

management and information confidence trigger market value proactive carbon management

disclosure are tightening. The fluctuations and may severely practices and standardized

Impact Risk and Opportunity Management Reputation company's carbon damage the company's reputation disclosure and utilizing various

management and disclosure thereby undermining the channels such as ratings and

To ensure the efficient operation of the carbon management system and actively address climate change Ronbay Technology has established

practices will directly impact foundation of cooperation with publicity shape an industry-leading

a scientific and standardized closed-loop process for managing climate-related risks and opportunities. The specific management process is

brand reputation. core customers. green brand image.as follows:

33About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Category Sub-Category Special Manifestations Potential Financial Impact Response Measures Category Sub-Category Special Manifestations Potential Financial Impact Response Measures

The low-carbon advantage of

Systematically enhance the Influenced by policies and local products helps to open up

Extreme disasters may directly disaster resilience of the

Physical Intensified global climate regulations green products with high-end markets and can be

cause damage to and impairment company's own facilities through

change leads to frequent extreme low-carbon footprints are realized as high added value Continuously increase R&D

of fixed assets. In severe cases risk identification and

weather events such as typhoons accelerating to become essential and a green premium. investment in low-carbon processes

they can lead to work stoppages assessment hierarchical control Technological

heavy rain and floods directly customer requirements. The Through forward-looking and solid-state battery cathode

Acute production halts or supply chain and emergency response plans Innovation

threatening the operational safety commercialization process of newDrive layout in the supply chain for

materials building a globally top-

disruptions resulting in delayed and extend climate risk

of the company's own production technologies such as solid-state new products like solid-state competitive portfolio of green high-

order delivery and potential management to the supply chain

bases and the upstream supply batteries is opening up new blue batteries the company can performance material products.losses from breach of contract access and evaluation system

chain. oceans for cathode material build a second growth curve

compensation. collaborating with suppliers to

enterprises. and long-term profitability

jointly mitigate risks.space.Developing battery recycling and

To systematically enhance

Physical material regeneration technologies Aligning with downstreamoperational resilience the

Risk is a strategic choice for building a customers' carbon reductioncompany has established an Strategically deploy industrial chain

Global warming leads to extreme Resource closed-loop supply chain reducing

needs enhances product

extreme weather early warning circular recycling assets and

high temperatures posing Extreme high temperatures can Efficiency and resource dependency and

market premium; mitigating

mechanism and implemented continuously promote the

challenges to the operational significantly increase energy enhancing competitive barriers. risks from raw material price

energy-saving retrofits for Circular development of renewable energy

efficiency and stability of the consumption and costs for Advancing energy-saving retrofits volatility and energy costs

equipment to ensure the Transition Economy persistently raising the target for thetemperature control systems at temperature control. Water and distributed photovoltaic through material recycling

effectiveness of temperature proportion of green electricity usage.Chronic production bases. Climate change scarcity will drive up water Opportunity applications is a clear path to and energy efficiency

control systems. Concurrently it

exacerbates water scarcity in extraction costs and force reducing long-term energy costs improvements.conducts water resource risk

certain regions potentially additional investment in water and improving energy autonomy.assessments and strives to

restricting production water conservation and environmental

advance the construction of Enhancing core

quotas and triggering compliance protection.reclaimed water reuse and water Green manufacturing and circular competitiveness through low- Promote the application for green

and operational risks.conservation certifications to economy projects can enjoy tax carbon product attributes fiscal and tax incentives and special

address potential water scarcity incentives and special fund drives growth in order volume funds through policy tracking andPolicy Support

risks. subsidy policies. Proactively and market share. Improving interpretation. Deepen product life-and Market

responding to customer carbon project investment return cycle carbon footprint accountingAccess

footprint disclosure requirements rates and cash flow by and management accelerating the

By delivering green and low- builds market and supply chain applying for government- development of low-carbon and

carbon products the company

Advance frontier technology R&D access barriers. specific green and low-carbon zero-carbon products.can not only effectively enhance

The global energy transition and for green and low-carbon subsidies and tax reductions.its order acquisition and

Product the "dual carbon" goals are driving products. Improve the product

Transition bargaining capabilities but also Projects with green and low-carbon Accelerate the R&D and

Demand the rapid development of the new life-cycle carbon management

Opportunity help shape an industry-leading attributes are more likely to obtain Reduce capital costs and management of green low-carbon

Growth energy vehicle and energy storage system to connect with the

green brand image thereby sustainable financial support such enhance capital acquisition products. Improve carbon emission

markets. incremental market with solid Green Finance

translating this into tangible as green credit and green bonds

product competitiveness. capabilities through green

accounting and information

financial returns and brand enjoying lower financing costs and low-interest financing. disclosure to ensure compliance

premium. expanding dedicated financing with green finance standards and

channels. mitigate greenwashing risks.

34About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Metrics and Targets Resource Circulation and Recycling System Building

Organizational-Level Carbon Emissions Circular Economy

In 2025 the total GHG emissions (including Scope 3) decreased by37.7% compared to 2024. Governance

GHG emission intensity decreased by 17.8% compared to 2024. Our company promoted the establishment of an international recycling industry chain for spent batteries through strategic cooperation with a

U.S.-based battery recycling enterprise. In the same year our company established a Recycling Division clarified the strategic planning

blueprint for recycling. Based on the actual conditions of the circular recycling business we split and integrated the technology R&D battery

Product-Level Carbon Footprint (CF) recycling operations and manufacturing operations modules into their corresponding specialized functional departments. This marks the

official transition of the circular recycling business from the planning phase to the implementation phase.In 2025 the average carbon footprint of ternary products decreased by16.45 % compared to

2024 and was26.14 % lower than the CF of China's NCM products published by CPCD.

GHG Emission Verification Statement

In the organizational transformation the Group by establishing the "Ronbay Business" platform integrated supply chain and customer

resources aiming to provide the industry with an "integrated circular solution" through a comprehensive recycling system and advanced

recycling technologies simultaneously promoting efficient resource utilization and product decarbonization. The R&D organizational structure

became more orderly the scale configuration more rational and the specialization of labor and collaboration mechanisms increasingly

improved forming a virtuous cycle of "frontier exploration – technology development – solution output" which strongly supports our

company's strategic layout for the recycling business.

35About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Strategy In 2025 Ronbay Technology comprehensively expanded its circular economy business footprint successfully establishing a recycling market

and channel network covering the full spectrum of ternary LFP and sodium-ion battery categories. We deeply integrated with core customers

Based on the current development trends of the industry our company focused on building the recycling industry chain for spent batteries as providing a closed-loop cathode material solution of "material supply + spent resource recycling" effectively securing high-quality waste

the main direction of advancement. It collaborated with value chain leaders to create a global closed-loop battery recycling ecosystem material resources.strengthened the construction of a global recycling network and enhanced the capability to obtain global recycled resources. Furthermore we

emphasized the circular utilization and recycling of packaging materials and other materials in the production process. By defining a 3R Progress in Recycling Technology Breakthroughs and Pathway Developm ent in 2025

management strategy it promoted resource regeneration and reuse reducing the environmental burden.The lithium salt purification process route successfully completed ton-level pilot-scale amplification and multi-batch

stability validation and has been applied to the preparation of Lithium Manganese Iron Phosphate (LMFP) materials at

Skyland.Regarding the resource recovery technology for phosphate cathode waste pilot-scale development for the recycling of

different types of phosphate-based cathode materials was completed achieving a technological breakthrough in

converting spent raw materials into battery-grade lithium and iron salts. This is currently being applied within the Product

Division.The regeneration and recycling process for spent graphite anodes completed bench-scale research with product

performance already comparable to that of commercial graphite.Developed an integrated recycling technology for Lithium Iron Phosphate (LFP). By combining the integrated recycling

process with the original LFP cathode material production technology this provides an integrated closed-loop solution for

LFP that balances economic viability with technological advancement.Developed a one-step lithium carbonate recycling technology significantly shortening the process flow for producing

lithium carbonate products from recycling reducing capital and labor requirements and effectively lowering processing

costs. This technology is currently deployed on the recycling production line.To support the development of the circular recycling business Ronbay Technology is continuously advancing the organizational development

of the recycling R&D team focusing on building a professional team with a complete structure clear planning and diverse composition. We

Impact Risk and Opportunity Management have established an R&D organizational structure of "two groups + four new areas." Through platform construction and project practice our

company is gradually forming a reasonable talent echelon significantly enhancing the professional coverage and collaboration capabilities of

This year our company's recycling business scope expanded significantly with broader technology coverage successfully completing market R&D personnel. In this process the team has accumulated solid experience in tackling key technical challenges and engineering conversion

and channel development for the recycling of three product categories: LFP sodium-ion and ternary. By establishing overall cathode material forming a rational and complementary R&D force providing a solid talent foundation for the continuous innovation of the recycling business.solution partnerships with customers it secured spent battery resources from core clients. Through technological R&D and equipment

innovation it promoted cost reduction in recycling and improved circular recycling efficiency extending from single lithium recovery to the

recovery of high value-added products from multiple valuable metals. In 2025 significant progress was made in core recycling technologies

covering material purification resource recovery regeneration and process optimization.

36About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

North America Recycling Project Implementation Green Manufacturing and Zero-Carbon Green Power Advancing

In 2025 we made a strategic investment in a U.S. battery recycling company. This project as the first piece of Ronbay's North Energy Management

American circular network puzzle marks our company's leap from strategic planning to substantial implementation serving as a

significant milestone in building a globalized and localized circular system. Against the backdrop of the global energy transition and the rapid development of the new energy vehicle industry the low-carbonization of

The project precisely addressed key pain points in the North cathode materials has become a critical link for the entire industry chain to achieve net-zero emissions. Ronbay fully understands that

American local battery cell manufacturing industry chain namely excellent energy management is not only an internal requirement for enterprises to reduce costs increase efficiency and ensure compliant

the raw material supply end and the singular recycling model operation but also a core competitiveness in responding to the green supply chain standards of global leading customers and meeting global

successfully constructing a short-cycle "waste-to-raw material" regulatory requirements. We integrate the concepts of "extreme energy efficiency" and "green energy" throughout the entire lifecycle of global

channel. This not only effectively meets the urgent need of local R&D and production committed to providing greener new energy materials for the world.cell customers for waste material resource recovery but also

directly responds to customer demands for cost reduction in Governance

production and pressures for low-carbon transition. By providing

high-quality recycled raw materials the project helps customers Ronbay Technology has established a clear energy management structure with defined authorities and responsibilities. The Group's

optimize their carbon footprint and enhance product ESG Sustainability Department together with Business Divisions and Subsidiary Groups is responsible for coordinating the energy strategy

competitiveness winning market trust and strategic initiative for planning and energy efficiency target setting for domestic and international bases promoting ISO 50001 Energy Management System

our company. certification conducting annual "Energy Management Maturity" evaluations and implementing regular supervision of the operational status of

each base. Each production base as the execution entity is responsible for decomposing energy targets organizing and implementing energy-

saving technical renovation projects and tracking emission reduction effectiveness through real-time data monitoring and energy efficiency

diagnostics. To ensure target achievement our company has incorporated key energy efficiency indicators such as "energy consumption per

Metrics and Targets unit product" into the annual performance appraisal system for Group management and base heads forming a management closed loop of

target setting process execution supervision and evaluation and performance linkage.Material Recovery Rate： Our company complies with domestic laws and regulations such as the Energy Conservation Law of the People's Republic of China and the

Nickel 25-year comprehensive recovery rate: 57 Measures for the Administration of Energy Conservation in Key Energy-Consuming Units as well as energy management requirements in the% (24-year comprehensive recovery rate: 20%) countries and regions where it operates. Each production base standardizes the energy management process by establishing systemCobalt 25-year comprehensive recovery rate: 71 documents such as Energy Consumption Quota Management and Energy Measurement System. In 2025 newly added and revised procedural% (24-year comprehensive recovery rate: 30%） documents such as the Control Procedure for Identification and Evaluation of Energy Laws Regulations and Other Requirements ControlManganese 25-year comprehensive recovery rate: 59 Procedure for Objectives Targets and Programs and Control Procedure for Energy Review further improved the Energy Management System.% (24-year comprehensive recovery rate: 29%）

During this reporting period the newly added Xiantao Ronbay Base obtained ISO 50001:2018 Energy Management System Certification.As of the end of the reporting period three factories have obtained Energy Management System Certification.Strategy

Facing the green transformation trend of the global new energy industry Ronbay Group has formulated an energy management strategy of

"Low-carbon Processes Green Structure and Digital-Intelligent Management." We deeply integrate energy management into new capacity

construction planning and existing production line upgrades. Core strategic actions include:

37About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Key Actions in Energy Management Energy-Saving Technical Renovation Measures Annual Energy Savings (MWh)

For high energy-consuming process steps continuously promote equipment iteration.Low-carbon Processes - Energy Significantly reduce electricity consumption per unit product by introducing new high-efficiency Refined operation of circulating water Energy saving via dehumidifier renovation

Efficiency Leap in Core Processes energy-saving roller hearth kiln technology multi-temperature zone precise temperature control Photovoltaic power generation SVG power + transformer optimization

technology etc. Energy-saving renovation of water pumps Installation of permanent magnet motors 2087.67

Energy saving via extreme process in air Energy-saving renovation of production &

While vigorously promoting distributed photovoltaic power generation projects actively separation testing equipment

Green Structure - Green Transformation participate in renewable energy market trading and Green Electricity Certificate procurement.of Energy Structure Combined with our company's globalization strategy increase the proportion of renewable

energy usage to meet global customers' demand for Zero Carbon products.Gradually introduce an Energy Management System (EMS). Achieve "second-level monitoring Renewable Energy Project Cluster - Xiantao - Europe - Southwest Base

Digital-Intelligent Management - real-time analysis and anomaly alarms" for energy consumption such as water and electricity.Building a Digital Energy Brain Utilize big data algorithms to optimize production line energy consumption and eliminate energy The Xiantao Renewable Energy Project applied for

waste.national-level pilot status in 2025. Meanwhile based on

national and provincial-level policies the preliminary plan

Impact Risk and Opportunity Management for the renewable energy direct connection project was

completed and submitted. Upon completion this project is

Ronbay Technology incorporates energy-related risks and opportunities into the Group's overall risk management system. We closely monitor expected to bring about 100 million kWh of renewable

the impacts of macro policies market supply and demand and climate change: energy consumption annually to the Xiantao Base

reducing annual electricity costs by over 12 million RMB

Risk Type Manifestation Response Measures and cutting carbon emissions by over 50000 tons. The

Poland Base Renewable Energy Project is progressing

Policy and Market Compliance: Facing the domestic shift from Mitigate compliance and market access risks normally with tendering underway. The Southwest region is

"dual control of energy consumption" to "dual control of carbon proactively through pre-emptive green power conducting an inventory of green power resources

emissions" and the mandatory battery carbon footprint procurement and LCA (Life Cycle Assessment) system communicating with the government to secure renewable

requirements of the EU Battery Regulation the energy construction. energy resources and simultaneously undertaking

Transition consumption level of cathode materials directly determines renewable energy planning.Risk whether products can enter high-end international markets.Cost Volatility: Fluctuations in traditional fossil energy and Lock in long-term energy costs by increasing the

electricity prices can affect production costs. proportion of self-built distributed photovoltaics and

signing long-term Power Purchase Agreements (PPAs) Metrics and Targets

for green power.Extreme weather (e.g. high-temperature power restrictions Develop comprehensive emergency plans equip Green Electricity Usage/Proportion

Physical Risk floods) may cause grid power interruptions causing significant emergency systems and maintain close

losses to sintering kilns requiring continuous operation. communication with the local grid to enhance The proportion of green electricity usage for the entire group reaches 40%.production resilience. The proportion of renewable energy usage for Hubei Ronbang and Guizhou Ronbang exceeds60 %.Excellent energy management and a high proportion of green Actively improve energy efficiency management levels

power usage can provide a "green premium" and priority plan ahead for low-carbon products conduct regular

Opportunity procurement rights in intense industry competition. energy and carbon self-inspections and closely

collaborate with downstream leading customers to

expand into global markets.

38About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Co-creating Environmental Protection Safeguarding Lush Compliance Risk:Regularly conduct internal and external compliance audits to identify potential risks arising from

Mountains and Lucid Waters changes in laws and regulations.Risk Sudden Environmental Incident Risk:In 2025 all bases completed the upgrade review revision and filing of emergency

response plans for sudden environmental incidents. Specialized practical drills for extreme weather and chemical leaks

Environmental Compliance Management were added to enhance environmental emergency response speed and handling capabilities.Ronbay regards environmental compliance as the foundation for its stable development and global operations. While strictly adhering to the High-standard environmental compliance management effectively enhances the green competitiveness of the customer

laws and regulations of its operational locations our company proactively benchmarks against leading international environmental supply chain.management requirements deeply integrating compliance awareness into the entire lifecycle management of projects. Facing increasingly Opportunity Actively leverage the opportunities for technological upgrades brought by environmental compliance increase

stringent environmental regulations and the green transformation wave in the new energy industry our company consistently practices the investment in waste resource utilization promote the transformation of "waste" into "resources" creating economic

philosophy of "ecology first compliance foremost" committed to building a solid green defense line and achieving harmonious coexistence benefits while reducing compliance costs.between the enterprise and the natural ecosystem.Governance Metrics and Targets

In 2025 Ronbay further deepened its environmental management structure designating the Environmental Safety Committee as the decision-

making body for environmental management. It regularly reviews environmental topics and compliance performance related to water ISO 14001 Environmental Management System Certification coverage proportion for all operational bases (including those newly

resources pollutants and waste wastewater air pollution and biodiversity. By establishing dedicated EHS (Environment Health and Safety) operational in 2025)100%

management working groups our company coordinates environmental compliance work across all bases and is simultaneously responsible No major environmental pollution incidents or significant administrative penalties occurred.for updating environmental policies conducting compliance audits and supervision and promoting best practices across bases.Our company incorporates environmental compliance indicators into the annual performance appraisal systems of departments at all levels

and key positions through accountability assessments ensuring that environmental responsibilities are solidified layer by layer and

guaranteeing the effective operation of the environmental management system from an institutional perspective. Water Resource Management

Strategy Against the backdrop of intensifying global climate change and frequent regional water shortages responsible water resource management is

key to building a highly resilient green supply chain for new energy. Ronbay Technology integrates the management philosophy of "responsible

Ronbay Technology has established a global environmental compliance and standard governance system. For overseas capacity expansion sourcing extreme using and purified return" into the daily operations of its global production bases committed to driving the industry towards

Our company has set up a dynamic regulatory tracking mechanism focusing on responding to environmental legal requirements in overseas efficient water recycling and zero discharge.operational regions. Through conducting special compliance evaluations it ensures that overseas bases comply with international standards

from planning and construction to operation and management. Simultaneously we proactively benchmarks against advanced international Governance and Strategy

environmental protection levels continuously revises and implements core systems such as the Environmental Protection Management

Regulations and the Control Procedure for Identification Evaluation and Updating of Environmental Aspects and deeply embeds high-standard Our company strictly complies with domestic laws and regulations such as the Water Law of the People's Republic of China the Water

environmental requirements into the entire global production and operation process by promoting clean production technical renovations and Pollution Prevention and Control Law of the People's Republic of China and the Water Pollution Prevention and Control Action Plan as well as

process optimization. water resource management requirements in its operational locations. Referencing the requirements of the ISO 14001 Environmental

Management System we has formulated systems such as the Water Usage Management Measures and Wastewater Discharge Management

Impact Risk and Opportunity Management Regulations to monitor and manage key water usage links in the production process. In 2025 documents like the Rainwater Management

System Handbook and Wastewater Treatment Management System Handbook were added or revised further strengthening water resource

Our company has established a dynamic environmental risk assessment mechanism incorporating environmental compliance risks into its utilization and management. Given the process characteristics of integrated upstream and downstream production of cathode materials the

overall Enterprise Risk Management system. In 2025 all company projects underwent environmental impact analysis and obtained approval company has adopted a water management strategy centered on “source reduction recycling and advanced purification” to continuously

from local government departments. Among them the Poland JS project passed a rigorous six-month review by provincial and municipal build green factories characterized by low water consumption and high recycling rates.authorities and obtained the Environmental Impact Assessment resolution in November 2025 officially transitioning from the compliance

verification to the construction phase.

39About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Reclaimed Water Reuse / Near-Zero Wastewater Discharge Impact Risk and Opportunity Management

Waste Management

The Ezhou Base collects and treats the concentrated water generated during the pure water preparation stage of the production In 2025 our company revised the Solid Waste Management Regulations detailing management requirements for solid waste storage and

process water washing reusing it for cooling water towers. During the reporting period 67050 m3 of reclaimed water was reused. transfer and updating other content. The aim is to standardize classified waste management and ensure compliant disposal according to the

The Zhongbei Base utilizes an original abandoned circulating water tower pool as a rainwater collection pond with sumps built actual types of solid waste and hazardous waste generated. Simultaneously we advocates for the adoption of advanced processes and

around it. Rainwater flows naturally and is pumped into the circulating water tower then discharged to the wastewater treatment production equipment to reduce waste generation and minimize production pollution.station. After treatment it is reused for plant area greening and sprinkling. In 2025 the base achieved zero external wastewater

discharge. Wastewater Management

Our company adheres to the principle of "separate drainage of rainwater and sewage separate drainage of clean and polluted water

segregated collection by quality and classified treatment." Accordingly it iterated a series of systems including the Water Pollution Control

Impact Risk and Opportunity Management Management Procedure clarifying source control requirements for production wastewater in each plant area. Currently domestic sewage and

production wastewater generated by we are discharged into the pipeline network after pre-treatment meets the acceptance standards.During the reporting period Ronbay progressively established and refined its water risk assessment and response mechanism ensuring Meanwhile through self-built facilities like wastewater treatment stations and ammonia stripping towers wastewater is recycled and reused

production continuity and ecological safety across diverse hydrological conditions at its global sites. thereby minimizing pollutant discharge.In 2025 production bases such as Ningbo Ronbay Hubei Ronbay Guizhou Ronbay and Xiantao Ronbay installed online monitoring devices for

Water Resource Risk Assessment - WRI Aqueduct Water Risk Atlas production wastewater in accordance with relevant management regulations. The monitoring results are connected in real-time to local

government pollutant monitoring information platforms. Additionally each subsidiary regularly commissions qualified third-party monitoring

In 2025 the Group's Sustainability Department introduced the World Resources Institute (WRI) Water Risk Assessment tool for the agencies to conduct self-monitoring ensuring wastewater discharge meets the Emission Standard of Pollutants for Inorganic Chemical

first time scanning the "Baseline Water Stress" for offices and production bases in China and overseas completing a preliminary Industry before release.assessment of short- medium- and long-term water resource risks at each operational location. For factories located in medium-to-

high water stress areas we have set more stringent water-saving targets and emergency plans and will strictly monitor the Comprehensive Recycling of Solid Waste and Wastewater at the Zunyi Base

implementation of water resource utilization and recycling.The Zunyi Base has built a production wastewater treatment station with a capacity of 1500 m3/day. In 2025 it treated 42724 m3 of

production wastewater with a discharge volume of 216 m3 achieving a wastewater reuse rate of 99.5%. Furthermore the Zunyi Base

Metrics and Targets dismantles and disposes of ton bags produced in workshops. Inner bags that directly contact materials are treated as hazardous

waste while outer bags not in contact with materials are handed over to third parties for recycling. In 2025 the total amount of

5 recycled outer bags was 105.52 metric tons.Target: % reduction in total water withdrawal.

Progress: During the reporting period total water withdrawal amounted to 106.95 million tons representing a 9.1% Air Pollutant Management

decrease compared to 2024. Ronbay Technology strictly follows regulations such as the Air Pollution Prevention and Control Law of the People's Republic of China. It

formulates and implements internal systems like the Air Pollution Control Management Regulations at each production base to systematically

manage exhaust gases. For pollutants such as dust sulfuric acid mist ammonia and hydrogen chloride generated during production our

Pollutant and Waste Management company is equipped with combined treatment facilities including high-temperature low-nitrogen burners bag filters spray towers and

activated carbon adsorption ensuring exhaust gases are treated to meet emission standards. Moreover each subsidiary regularly

Governance and Strategy commissions qualified third-party monitoring agencies to conduct organized and unorganized exhaust gas monitoring. The monitoring results

meet national and local relevant limit requirements such as the Emission Standard of Pollutants for Inorganic Chemical Industry.Ronbay strictly complies with national laws and regulations such as the Environmental Protection Law Water Pollution Prevention and Control

Law and Air Pollution Prevention and Control Law as well as environmental protection requirements in its operational locations. Our company

continuously increases resource allocation for environmental protection establishing and improving systematic environmental pollution

prevention and control mechanisms. It regularly maintains and services environmental protection facilities to reduce emission risks caused by

equipment failures. Through standardized whole-process control of wastewater exhaust gases and waste we continuously enhances

pollution prevention control and emission management levels.

40About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Metrics and Targets Spatial Location Utilize tools like IBAT (Integrated Biodiversity Assessment Tool) to screen the coordinates

Verification of the global production bases assessing their spatial overlap with legally protected areas

During the reporting period the total discharge of hazardous waste decreased by13.3 and High Conservation Value (HCV) areas.% achieving the Identification

7 Physical Risks: Impacts of extreme weather and ecosystem degradation (e.g. drying up of2025 target of a % reduction in total hazardous waste discharge. and Assessment

Risk Categorization and water sources) on continuous factory production.During the reporting period particulate matter emissions per unit of output decreased by 5.9%achieving Management Transition Risks: Compliance and reputational risks arising from scrutiny of ecological

5 damage from critical minerals under the EU Battery and Waste Batteries Regulation and thethe 2025 target of a % reduction in particulate matter emissions per unit of output. EU CSDDD.

During the reporting period no administrative penalties related to the ecological environment were received. Incorporate Biodiversity protection into the supplier ESG on-site audit checklist. For

Supplier ESG Audits suppliers found with major ecological violations require rectification within a deadline and

Ecosystem and Biodiversity Protection Response and continuously follow up on progress linking it to supplier procurement ratings.Management

The prosperity of nature is the cornerstone of sustainable development for human society and business. Facing the challenges of global Ecological Restoration Actively carry out ecological restoration activities such as afforestation around factory

ecosystem degradation and species extinction Ronbay actively responds to the Kunming-Montreal Global Biodiversity Framework and the and Compensation operations.Taskforce on Nature-related Financial Disclosures (TNFD) initiative. We commit to integrating the "Nature Positive" concept into factory site

selection operations and the global critical mineral supply chain management while promoting the global new energy vehicle industry's

transition to net-zero emissions. We are dedicated to severing the link between the new energy industry chain and deforestation/habitat "Planting" This Verdant Green Co-building a Vibrant Ronbay - Arbor Day Series Activities

destruction safeguarding the integrity of the Earth's ecosystems.Governance and Strategy Trees are important micro-circulation hubs in ecosystems. During Arbor Day 2025 Ronbay

We strictly adheres to relevant laws and regulations such as the Regulations on Nature Reserves and the Biosafety Law as well as Technology's various bases simultaneously carried out afforestation activities. Focusing on

requirements in overseas operational locations. In 2025 we publicly released its Biodiversity Protection Policy and added management planting native tree species we continuously enrich the vegetation diversity in and around the

documents such as the Biodiversity Protection Management Procedure and Biodiversity Assessment Form constructing a full-process plant areas improving the micro-ecological environment allowing green manufacturing and

ecological protection system. It scientifically assesses the impact of base construction on local biodiversity during the planning and site natural vitality to resonate in harmony at Ronbay.selection and improves biodiversity levels within the plant area during the construction and operation phases striving to reduce the negative

impact of activities on the natural environment. Our company has assessed the impact of nature-related risks and opportunities on its

business model strategy and financial planning in the short medium and long term formulating a dual-track biodiversity strategy:

Korea JS ENERGY Environmental Clean-up Activity

During site selection for new production capacity globally (e.g. China South Korea Poland etc.) strictly implement

In July 2025 Jaese Energy the South Korean subsidiary of Ronbay Technology carried out an

Direct Environmental Impact Assessments (EIA) conduct ecological baseline surveys and avoid Key Biodiversity Areas (KBAs) "Environmental Cleanup Volunteer Relay Activity" in Dajowon-myeon Chungju-si South Korea.Impacts and ecologically fragile zones. Approximately 20 employees from Jaese Energy ventured into industrial zones local elementary

Continuously promote water resource recycling and zero pollutant discharge management in factories to reduce indirect

schools and residential areas to conduct waste cleanup. Additionally the company supported

impacts on local aquatic ecosystems caused by water pollution or excessive resource consumption.vulnerable groups through various initiatives such as winter solstice kimchi-making and targeted

For critical minerals such as nickel cobalt and lithium required for cathode materials we recognize significant nature- donations actively fulfilling corporate social responsibilities and fostering harmonious

Indirect related risks in upstream mining including deforestation soil degradation and tailings pollution. We promotes supply relationships among the government enterprises and the public.Impacts chain traceability prioritizing the procurement of minerals certified under international standards like IRMA.Vigorously develop battery recycling and regeneration businesses. Using recycled materials directly reduces the demand

for primary mining alleviating habitat destruction caused by mining at the source.Metrics and Targets

Impact Risk and Opportunity Management During the reporting period none of our company's production bases or operational sites were located within nature reserves or

In 2025 the company established a systematic process for managing nature-related impacts and risks based on the TNFD’s LEAP other biodiversity-rich areas. Our company's operational activities product production and transportation did not have a significant

negative impact on biodiversity.methodology (i.e. Locate Evaluate Assess and Prepare) and integrated it into the Group’s sustainability governance framework:

41About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Co-responsibility for

Shared Wins

Global Layout Ensuring Manufacturing Flexibility

Collaborative Progress Forging a Green Chain

Ethical Procurement Implementing Responsible Minerals

Local Integration Supporting Community DevelopmentAbout Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Global Layout Ensuring Manufacturing Flexibility Collaborative Progress Forging a Green Chain

Against the backdrop of geopolitical shifts and changes in the global trade landscape Ronbay Technology steadfastly advances its Responsible Supply Chain Management

globalization strategy staying close to core markets and customers and building a global industry chain covering raw material procurement

production manufacturing and end delivery. Governance

In 2025 Ronbay Technology strategically upgraded its supply chain management system. By establishing dedicated departments it deeply

integrated ESG and sustainability requirements into the entire management process forming a new governance architecture centered on

The Phase II 50000-ton high-nickel ternary project at the Ronbay Commerce and integrated with the Industry Chain Sustainability Department. This system enables full-process management from

South Korea JS (Chungju) Base successfully completed supply chain development access review to daily supervision and assistance for improvement. It transforms responsible procurement from a

Asia Capacity Leap commissioning in 2025 further consolidating our management concept into institutionalized operational norms enhancing our company's own supply chain governance while guiding industry

company's position as a core hub for new energy chain partners to benchmark against international compliance standards and earnestly fulfill the social responsibility of industry chain

materials in the Asia-Pacific region. collaboration.The construction of the Poland cathode material base

officially commenced marking the full acceleration of

our company's localized supply capabilities in Europe

European Footprint Established

providing solid assurance for the localized low-carbon

procurement needs of global mainstream automakers

and battery customers.Strategy

Ronbay Technology continuously deepens its "New Integrated Supply Chain" strategy leveraging its full industry chain layout to build a

responsible and sustainable global supply network. In 2025 our company comprehensively upgraded its supply chain governance system

deeply benchmarked against the compliance requirements of the EU Batteries Regulation revised the Supplier Code of Conduct and for the

first time implemented the Ronbay Supplier Sustainable Development Agreement. We extend full value chain ESG requirements to the source

of mines and fully embed supply chain management into our risk control system systematically enhancing the compliance foundation of the

globalized supply chain.

43About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Ethical Procurement Implementing Responsible Minerals

Impact Risk and Opportunity Management

Supplier Qualification Ronbay Technology is committed to building a compliant and transparent global mineral supply chain and pledging to reject conflict minerals.Ronbay Technology places high importance on supplier qualification management strictly implementing supplier qualification assessment Our company has established a full-process assessment framework by improving the Responsible Global Supply Chain Due Diligence

and audit mechanisms to ensure partners possess stable supply capabilities excellent quality management systems and sustainable Management Policy and embedding responsible procurement clauses into supplier contracts. As of 2025 we have promoted 15 refining

development capabilities. suppliers to obtain a total of 25 RMAP certifications (covering nickel cobalt manganese lithium) an increase of 6 compared to 2024.Simultaneously by continuously conducting supplier capacity building and best practice sharing our company guided industry chain partners

Supplier Qualification Process to improve ESG capacity building achieving a transition from compliant procurement to sustainable governance.Industry Engagement

Driven by technological innovation and green low-carbon development Ronbay Technology deeply participates in industry sustainable

Supplier Supplier Potential Material/Part Qualified Supplier PPAP

Sourcing development initiatives. In 2025 our company served as Deputy Director Committee Member of the China Nonferrous Metals IndustryInformation Supplier Trial Supplier

Survey Review Audit Approval Association and actively promoted responsible industry chain construction as a member of the Responsible Critical Minerals Initiative (RCI).Meanwhile by participating in industry summits such as GGII Lithium Battery Annual Conference(GGLB) and GGII Sodium Battery Annual

During the reporting period our company continued to strengthen the weight of ESG in supplier qualification assessments. The proportion of Conference we shared insights on global development fostered industry consensus and contributed to the healthy and sustainable

ESG content in the comprehensive evaluation for supplier qualification increased from 10% in 2024 to 30% in 2025 with new requirements development of the battery materials industry.added for supply chain compliance traceability. Furthermore in 2025 the Ronbay Supplier Sustainable Development Agreement was

formulated and implemented requiring suppliers to conduct internal management on issues such as climate change energy conservation and

emission reduction recycling ESG governance and responsible mineral procurement and to cooperate in executing supply chain traceability The 15th GGLB Annual Conference & GGII Golden Ball Awards Ceremony & Sodium Battery Annual Conference

matters.In 2025 a total of 11 enterprises were not included in our company's supplier cooperation list due to failing to meet relevant

qualification requirements. From November 18 to 20 2025 the 15th GGLB Annual Conference & 15th

Anniversary Celebration & GGII Golden Ball Awards Ceremony grandly

Supplier Assessment and ESG Management

commenced in Shenzhen. With the theme "Fifteen Years of Stirring Looking

Ronbay Technology is committed to deeply integrating ESG concepts into the supply chain due diligence management system. Relying on a

Forward to a New Journey" leaders from top enterprises across all segments of

dedicated organizational structure and management system it has built a closed-loop mechanism from multi-dimensional auditing to

the lithium battery industry chain gathered. Bai Houshan Chairman and

differentiated management. Our company requires suppliers to fill out the Sustainability Audit Form to comprehensively assess their actual

President of Ronbay Technology was invited to attend and delivered a keynote

performance in key dimensions such as human rights environment safety business ethics greenhouse gases and biodiversity. Based on ESG

speech titled "Platform-based Materials Enterprise – The Arrival of the 'Energy

performance and comprehensive assessment results we implement dynamic management of suppliers from grades A to E. Those with

Singularity' in the New Energy Era." During the awards ceremony based on

excellent ratings are given business support and resource sharing incentives. Those failing to meet standards are assisted in rectification

outstanding innovation and significant contributions to the lithium battery

through communication guidance and third-party training. For those with ineffective rectification or serious violations downgrading or even

industry Chairman Bai Houshan was selected as the "Fifteen-Year Influential

suspending cooperation is resolutely enforced as an exit mechanism. This comprehensively urges and empowers partners to improve their

Leader."

ESG performance ensuring the safety compliance and sustainable development of the entire supply chain.On December 12 2025 the GGII Sodium Battery Annual Conference with the

theme "Breaking the Ice of Commercialization Tackling Industrialization

Metrics & Targets

Expanding the Ecosystem Circle" was successfully held in Shenzhen. As one of

the session title sponsors Ronbay Technology gathered with representatives

The company's annual completion rate for active supplier assessments reached100 %. from upstream and downstream enterprises in the industry chain application

88.42 31 ends and investment institutions to jointly explore the development path of theThe average compliance rate of ESG due diligence results was %.A total of supplier audits

sodium-ion battery industry. The General Manager of Ronbay Technology's

were conducted (excluding additive suppliers). Sodium-ion Battery Division was invited to deliver a keynote speech on the

523 336 324 "Industrialization Process of Sodium-ion Battery Cathode Materials" sharing ourA total of issues were identified with items due in 2025. Among these items were

company's strategic layout and latest breakthroughs in the industrialization of

closed upon maturity achieving a timely rectification rate of 96.43 %. sodium-ion battery cathode materials.

44About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Local Integration Supporting Community Development Sino-Foreign Employee Cross-Cultural Exchange Activities

Community Communication and Engagement Cultural integration is a core competency for globalized enterprises. In 2025 Ronbay Technology systematically carried out a series

of Sino-foreign cultural exchange activities including cross-cultural collaboration workshops and multilingual salons effectively

With the deepening advancement of Ronbay Technology's globalization strategy we have established a community engagement model with a reducing communication costs in transnational collaboration.global perspective and localized operation. In all global operational regions we consistently adhere to building long-term transparent and

mutually beneficial partnerships with local communities striving to ensure that manufacturing bases play a significant role in local Poland JS "Sino-Polish Dumpling Sino-Korean Cross-Cultural

development. Culture Salon" Integration Workshop

Bases in Chinese mainland: Deep Cultivation and Integration Building Harmonious Neighborhoods

Rooted in major domestic industrial bases adhering to the philosophy of "embedding locally building harmony together" and through regular

public communication mechanisms based on transparency and mutual trust we ensure corporate operations align with community interests.Overseas Bases: Cultural Exchange Fulfilling Global Citizen Responsibility

In advancing the globalization strategy Ronbay Technology uses overseas bases as bridges strictly benchmarking against international ESG

standards and local laws and is committed to fulfilling the responsibilities of an excellent global citizen. We adhere to "localized operation"

and "cross-cultural integration" building deep mutual trust. While exporting core green energy technologies we win community recognition

with a responsible and warm-hearted approach.Guizhou Ronbay New Year Enterprise-Community Activity

During the New Year period Guizhou Ronbay organized an appreciation activity for

neighboring villagers to strengthen relations and promote shared development.JSEE Poland Base Public Relations and External Communication

In 2025 the construction of Ronbay Technology's JSEE Poland Base officially commenced

marking a new stage in our company's globalization strategy. During this critical period our

company with a professional and forward-looking perspective deepened communication

and cooperation with various levels of Polish government business associations and

development institutions. By building a systematic framework of mutual trust it ensured the

JSEE project's deep integration into local regional development plans supported by

compliant operations and policy.

45About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Shared Growth

and Collaboration

Openness and Equality: Protecting Employee Rights

Empowerment and Development: Supporting Employee Growth

Strengthening Safety Excellence and Safeguarding Occupational

Health

Humanistic Care: Building a Harmonious WorkplaceAbout Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Compensation and Benefits

Openness and Equality: Protecting Employee Rights Ronbay Technology follows the principles of “equal pay for equal work” and “pay based Global Employee Benefits Overviewon performance.” To support our global development strategy we have established a

remuneration and benefits system that balances local compliance with regional Statutory Benefits

Fair Employment and Rights Protection differences.In 2025 we continued to improve our incentive and benefits framework by Health and Wellness Benefits

introducing the Employee Rewards and Disciplinary Policy Employee Exit Management Holiday and Cultural

Ronbay Technology strictly follows compliant employment practices and human rights protection in our global operations. We regard Policy and Attendance and Leave Management Policy. Through regular industry Engagement Benefits

“openness equality and inclusion” as the core foundation of our talent management.We are committed to breaking barriers of nationality Targeted Benefits for Overseasbenchmarking and dynamic optimization of our pay structure we ensure that key

culture and gender. We build a global talent management system and employee rights protection framework that covers all regions where we Employeespositions remain highly competitive in the market.In terms of benefits we have built a Living Support Benefits

operate. By providing a fair and transparent working environment we ensure that every employee can grow with respect and protection. This comprehensive global benefits framework covering multiple dimensions. In addition to Incentive Benefits

supports sustainable talent development and provides strong internal momentum for our global expansion. statutory social insurance we provide a wide range of benefits including healthcare Restricted Equity Incentive Plan

daily living support holiday benefits and long-term equity incentives. These initiatives

Governance and Strategy enhance employees’ sense of well-being and belonging worldwide.Ronbay Technology adheres to a “people-oriented and globally inclusive” philosophy. We integrate compliant employment and employee rights

protection into our global strategy aiming to become a highly attractive and inclusive employer in the global new energy materials industry.In Impact Risk and Opportunity Management

2025 with the Organization Department Human Resources Management Center and Ronbay Academy as core pillars we optimized our

global workforce layout and made targeted progress in building overseas HR systems. We enhanced the traceability of employee rights

protection and the visibility of career development.We strictly comply with the laws and regulations of all operating locations and proactively

align with international standards including the Universal Declaration of Human Rights (UDHR) and the International Labour Organization As we rapidly expand our overseas production capacity differences in labor laws across countries create cross-border

Conventions (ILO Conventions). During the reporting period we further standardized employment compensation and promotion management Risk compliance risks. Cultural differences may lead to workplace conflicts and management friction. Intensifying

by issuing the Campus Recruitment Compensation Management Measures and Personnel Appointment Procedures and by revising the

competition for talent in the global new energy materials industry also increases the risk of talent attrition.Recruitment Management Policy. These efforts provide strong governance support for our global talent strategy.Recruitment

Ronbay Technology adheres to strict compliance in employment and firmly prohibits child labor and all forms of forced labor. In our Building a highly inclusive cross-cultural workplace can significantly enhance our ability to attract and retain top global

recruitment practices we strictly follow the laws and regulations of each operating location and conduct fair and transparent hiring through

open channels.We sign labor contracts with all employees in accordance with applicable laws and ensure that employment terms are clear Opportunity R&D and management talent. High-standard labor rights protection helps meet the stringent ESG requirements of

and transparent. We apply the principle of equality throughout recruitment promotion and compensation management and we eliminate all leading international automotive and battery customers thereby strengthening our supply chain competitiveness.forms of employment discrimination. In addition we enforce conflict-of-interest avoidance rules for relatives to ensure objectivity and fairness

in talent selection.Openness and Equality Global Talent Framework Development and Regional Compliance Deepening

Ronbay Technology actively implements an open equal and inclusive talent policy framework. We are committed to providing a fair In 2025 the Human Resources function focused on our global strategy and systematically built a global talent development system. In

development platform for employees from diverse backgrounds.We strictly uphold equal opportunity across recruitment compensation and response to the laws and regulations in the United States Poland and South Korea we revised 8 core management policies and conducted

promotion and explicitly prohibit discrimination based on nationality race ethnicity gender age marital status health condition religion or more than 100 specialized training sessions for overseas talent covering a total of 1935 participants.At the same time we implemented

any other factor. localized incentive and benefit policies to improve talent fit and organizational support. Through strengthened compliance management and

We have also established policies and mechanisms to prevent and address workplace harassment aiming to foster a respectful working capability development we have established a solid talent foundation for the achievement of our international strategy.environment. During the reporting period no incidents of discrimination or harassment occurred.

47About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Global Employer Branding Development Anti-Discrimination and Anti-Harassment Training under California Labor Law (U.S.)

Upgraded Compliant Leave Policy：We aligned with California’s statutory requirements on paid leave accrual payout obligations upon

termination and public holiday regulations (including Lunar New Year where applicable). We optimized leave approval workflows and leave

Ronbay Technology actively establishes a structured campus recruitment calculation standards and improved internal processes to ensure employees’ leave entitlements comply with local legal requirements while

communication mechanism including online outreach to overseas universities and enhancing employee experience and compliance assurance.dedicated promotion of overseas positions through domestic WeChat public Anti-Discrimination and Anti-Harassment Framework Development：In accordance with California’s strict standards on workplace discrimination

platforms. Employer branding content is also regularly published on LinkedIn to and sexual harassment we established the Workplace Violence Prevention Management Policy which defines zero-tolerance principles and clear

enhance global visibility. These efforts aim to strengthen our employer brand response procedures. We set up a dedicated incident log for workplace violence cases and conducted company-wide training sessions to

influence and promote Ronbay as a “Fifth-Type Enterprise” attracting top-tier global strengthen awareness thereby reinforcing employee rights protection and ensuring a safe and respectful working environment.talent to join the Company.In 2025 leveraging outstanding human resource management practices strong

employer brand influence and a deep corporate culture foundation the Company Talent System Development at JS and EMT Bases in Korea

was honored with the “2025 China Best Employer – Ningbo Best Employer” award by

Zhaopin. This recognition not only reflects the Company’s achievements in talent

attraction employee engagement and career development platform building but Aligned with ESG principles JS and EMT in Korea have completed key system development across four major areas: talent development and

also demonstrates Ronbay Technology’s leading role in regional economic performance evaluation incentives organizational governance and procedural mechanisms policy alignment and social value creation as well as

development and talent advancement as a global new energy materials enterprise. education training and employee integration.These efforts continuously strengthen the institutional foundation of our Korean entities in talent

development organizational governance and social collaboration.System Area Key Actions Outcomes

Advanced the design of a localized cross-level promotionAnalysis of Large-Scale Recruitment Trends in Poland Europe and Supporting System Development system in Korea establishing a mechanism based on Addressed the previous limitation of a seniority-only promotionTalent “performance points + tenure + peer ranking within the system without cross-level pathways. Enabled quantifiableDevelopment andsame level.” Introduced a localized KPI algorithm for accumulative and promotion-relevant performance evaluation

Performance

functional roles in Korea forming an integrated results improving fairness transparency and predictability ofIn response to the large-scale recruitment trend in Poland Europe we have Incentive System mechanism of “performance rating conversion – points the system.established a systematic supporting framework. We have signed agreements with accumulation – promotion threshold.”

three local professional recruitment agencies initially building a multi-channel talent

sourcing network. At the same time we have completed market compensation Organizational Completed organizational restructuring of the JS plant Defined organizational boundaries and responsibilities

benchmarking and industry research providing data support for precise recruitment Governance and clarified job responsibilities and reporting lines. improved governance clarity and operational standardization

strategy development. Procedural Established promotion committee review rules evaluation and provided a solid institutional basis for future organizational

In terms of channel expansion we have actively participated in several recruitment Mechanism procedures and objection handling mechanisms. adjustments and personnel decisions.fairs targeting Chinese enterprises to strengthen access to local talent pools. We are Integrated government support programs such as

also advancing cooperation discussions with Adam Mickiewicz University in Poznań employment stability and industrial settlement into

to establish a university–enterprise talent pipeline. Built a structured capability to access policy-based fundingPolicy Alignment routine HR application management establishing

These initiatives are being systematically integrated to build a comprehensive support strengthened coordination between the companyand Social Value mechanisms for eligibility verification documentation

government and educational institutions and enhanced ESG

recruitment system in Poland covering channel development market insight and Mechanism preparation and application tracking. Promoted practice as well as sustainable local talent supply.talent pipeline construction. university–industry cooperation and internship linkage

programs.Organized skill training safety education and job

Education Training Transformed non-production periods into capability-building

adaptation programs during production downtime and

and Employee cycles improved employee adaptability and understanding of

low-load periods. Continuously provided online Korean

Integration internal policies and strengthened organizational resilience

language training safety education and basic policy

Mechanism and cross-cultural collaboration.onboarding for expatriate employees.

48About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Responsible Ecosystem and Shared Value: Employee Relations and Corporate Sustainable Development Strengthening Grievance Mechanisms and Reinforcing Human Rights Protection

In 2025 to support our ecosystem-oriented strategy we systematically advanced employee relations management and responsible corporate Ronbay Technology actively responded to evolving regulatory requirements across global regions and the high standards of core customers

branding under an ESG framework across three dimensions: policy system development organizational communication and brand regarding human rights compliance in the supply chain. We further integrated “respect and protection of human rights” into our governance

communication.At the internal management level we completed the optimization of policy and procedural systems covering six key modules system.During the reporting period we officially issued and implemented the Employee Communication and Grievance Mechanism aiming to

including employment relations labor risk management attendance basic HR administration non-compete management and international establish a transparent safe and traceable communication channel. The mechanism provides an anonymous online platform and an

assignment. In parallel we continuously enhanced employee satisfaction through regular organizational climate surveys and employee independent reporting mailbox ensuring that all stakeholders including frontline employees and contractors can freely raise concerns related

dialogue sessions.At the external communication level we proactively published bilingual (Chinese and English) policy documents on our to labor rights workplace discrimination and occupational health and safety. A strict “non-retaliation” policy is enforced to protect

official website including the Ronbay Code of Conduct the Ronbay Technology Labor Rights Protection Policy and the Employee Grievance complainants.and Communication Mechanism. These disclosures clearly communicate our commitments to labor rights protection and business ethics to During the reporting period no severe human rights incidents forced labor cases or child labor incidents occurred within the Company.In

stakeholders systematically shaping a compliant transparent and sustainable global corporate image. 2026 we will systematically conduct human rights due diligence assessments to ensure that the legitimate rights and interests of all

employees—including our own employees contractors and supply chain workers—are equally protected across all operating locations.Employee Dialogue Sessions HR Digitalization and Information System Development

In 2025 in response to the Group’s global development needs we focused on upgrading our HR digitalization system to improve management

Employee dialogue sessions are held multiple times each year across both efficiency and optimize end-to-end processes.We established a centralized payroll calculation system for the entire Group fully aligning

group and department levels. Group-level meetings are typically conducted business rules and integrating payroll standards across one headquarters and nine production bases. This enabled unified standardized and

in January and August each year with additional periodic discussions held compliant payroll processing.At the same time we built a fully digitalized end-to-end HR workflow covering workforce planning manpower

at management levels throughout the year. At the department level requisition offer management and onboarding. The system is further integrated with online attendance management employee movement

employee dialogue sessions are generally organized on a quarterly basis processes (entry transfer and exit) and payroll calculation and payment forming a complete closed-loop HR management system.The

while smaller teams also hold weekly meetings. system now covers the entire Group and is designed with strong scalability allowing rapid deployment for new sites and bases. It significantly

These communication mechanisms help clarify work priorities and reduces manual HR workload improves operational efficiency and provides robust digital infrastructure support for the Group’s global HR

expectations for both departments and individual employees. They also strategy. It also strengthens employee rights protection and ensures consistent compliance in HR management.provide a timely channel to address difficulties and resource needs

improving issue-resolution efficiency. Through strengthened communication

and alignment employees work toward shared goals enhance collaboration

and collectively support the achievement of the Company’s objectives.Annual Employee Recognition and Awards

In January 2025 the Company successfully completed the 2024 annual

performance recognition program. At the group level a total of 245

awards were issued including 227 individual awards and 18 team awards.At the level of business units and subsidiaries a total of 399 individual

awards and 47 team awards were granted.These awards serve to

recognize outstanding employees and teams and play a positive role in

strengthening motivation and engagement across the organization.In

addition to the annual recognition program quarterly performance awards

are also conducted. In 2025 approximately 500 individual awards were

issued each quarter.

49About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Empowerment and Development: Supporting Employee Growth Impact Risk and Opportunity Management

Rapid technological iteration in cathode materials (such as solid-state batteries and high-nickel materials) may lead to a

Against the backdrop of rapid technological iteration in new energy battery materials and intensifying global competition talent remains the

key driver of Ronbay Technology’s development. In 2025 we continued to enhance a comprehensive end-to-end training system covering all Risk skills gap risk where existing employee capabilities become outdated. In addition with the expansion of overseas bases

employees and multiple career development pathways.We are committed to building an open and innovative learning organization that (including Korea Europe and North America) there is a shortage risk of multidisciplinary talent with international vision and

continuously unlocks employee potential and strengthens the alignment between individual development and the Company’s strategic cross-cultural management capabilities.objectives.A well-established training system can accelerate the transformation efficiency of cutting-edge R&D and enable faster

Employee Training and Development Opportunity ramp-up of new production lines. A clear internal career progression pathway significantly strengthens internal talent

development capability reduces external recruitment costs and helps the Company secure key R&D and engineering talent

Governance in the highly competitive talent market.Training Empowering Employee Capability

The Company has established the “Ronbay Academy” as a dedicated execution body for talent In 2025 Ronbay Technology developed a training system that integrates globalization and specialization to support the execution of its

Management and Execution development. It is responsible for coordinating training needs assessment curriculum development and corporate strategy. By developing cross-cultural and multilingual training courses with a cumulative participation of over 650 person-times we

implementation across all global sites.effectively supported the integration of overseas teams and business expansion.At the same time we strengthened the development of

Indicators such as “team talent development” are incorporated into the annual performance evaluation internal trainers and completed the design of core courses in multiple key areas. Through high-quality knowledge enablement we ensured

Performance-linked

(KPI) of department heads and overseas site leaders. This ensures that managers take primary sufficient expertise support for key initiatives.Through diversified training practices we successfully transformed talent development into an

Mechanism

responsibility for building a strong talent pipeline. engine for organizational improvement further strengthening the alignment between strategy execution and employee career development.Strategy Metrics & Targets

According to statistics from the Ronbay Academy Online Learning Platform in 2025 the scale of employees

The training system is closely aligned with key business needs focusing on three core areas: cutting-

Business-Oriented using the platform reached 3991people.edge materials R&D capabilities advanced intelligent manufacturing and lean production capabilities and

Empowerment

cross-border factory operation capabilities. using the platform reached 22772.64 hours with an average learning rate of 71%.A total of 592 new courses were added throughout the year.100 training projects were conducted

We provide a multi-dimensional training matrix covering the entire employee lifecycle from onboarding

covering a total of 32504 person-times.Additionally online tests were organized

Full Lifecycle Coverage programs for new graduates to professional skill advancement and leadership development for 426

management talent. covering18153 person-times and nearly 100 internal trainers completed their registration.We actively deepen cooperation with leading domestic and international universities and research

Industry–Academia Employee Career Development

institutes by establishing joint laboratories and targeted talent development programs enabling early

Integration Ronbay Technology is committed to building a performance-oriented employee career development ecosystem. We have established dual

identification and cultivation of top-tier R&D talent in the new energy materials sector. career pathways—management and professional tracks—and a multi-sequence job qualification framework to fully stimulate internal

organizational momentum.In terms of talent empowerment we implement a tiered and segmented development approach. For new

employees from both campus and experienced hires we provide an immersive onboarding experience through the “Mentor–Buddy Program.”

For management trainees we apply a dynamic job rotation mechanism combined with digital growth profiles to enable full-cycle tracking and

evaluation. For middle and senior managers we focus on strategy execution and leadership development to drive the transformation of

learning outcomes into organizational performance.

50About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Eagle Action Program Strengthening Safety Excellence and Safeguarding

Occupational Health

To further ensure the effective implementation of the Company’s strategy

Ronbay Technology launched the “Eagle Action Program” at the Group level Ronbay Technology adheres to the principle of “Safety First Prevention-Oriented” and integrates the concept of “inherent safety” throughout

covering all employees and building a comprehensive management the full lifecycle of R&D production and operations. In 2025 we strengthened safety management and drove process innovation to eliminate

transformation framework with full participation. The program promotes the risks at the source with the goal of building a zero-incident and zero-injury working environment.At the same time we established a

coordinated upgrading of strategy organization and corporate culture. comprehensive occupational health protection system and continuously reinforced safety culture across all employees fully safeguarding the

physical and mental well-being of every employee.Occupational Health and Safety

“Ronbay Weekend Recharge Station” Thematic Program

Governance

To enhance employees’ job-related skills and maximize the utilization oftraining resources Ronbay Technology launched the “Weekend Recharge Ronbay Technology has established a safety production management system characterized by “Group-wide coordination tiered responsibilityStation” program for all employees in September 2025. A total of 14 and primary accountability.” The Group Environmental and Safety Committee serves as the central management body integrating cross-

sessions were conducted during the year covering diverse modules departmental and cross-functional resources to ensure unified planning and coordinated execution of safety-related work. The principal

including strategy organization leadership general competencies and responsible person of each site is clearly designated as the first person accountable for safety.We strictly comply with the Work Safety Law of

cross-cultural communication. Employees were able to participate based on the People’s Republic of China. In 2025 we systematically updated and supplemented key policies and procedures including the

their individual learning needs. During the reporting period the program Meteorological Disaster Emergency Plan Distributed Photovoltaic Safety Inspection System and the Confined Space Operation Management

recorded over 2500 participations. Procedure further strengthening occupational health and safety controls.As of the end of the reporting period all operating sites have

obtained ISO 45001:2018 Occupational Health and Safety Management System certification achieving standardized and routine safety

management across the Group.

2025 Campus Graduate Training Program StrategyRonbay Technology adheres to the core principles of “people-oriented approach risk control standardized management and continuousRonbay Technology continues to optimize its campus recruitment talent improvement” and places the respect and protection of employee health and safety as a top priority.Based on the ISO 45001:2018 standard

attraction and development system. In 2025 we conducted a centralized we have established and implemented an integrated management system. Through systematic risk assessment and control as well as

training program centered on “hands-on practice + dialogue.” Through 16 continuous monitoring review and improvement we effectively reduce environmental and safety risks and continuously enhance safety

professional courses on-site production line training and face-to-face performance.communication with senior management we comprehensively enhanced

campus recruits’ deep understanding of the industry and corporate culture.This Impact Risk and Opportunity Management

model closely integrates talent pipeline development with global expansion

Ronbay Technology has established a regular mechanism for hazard identification and occupational risk intervention to ensure that risks

strategy ensuring stable talent supply for business needs while enabling

remain under effective control:

employees and the Company to progress in sync on a sustainable development

path. Safety Risk Identification and Hierarchical Risk Control

The Company has established a dual prevention mechanism of “risk classification and hierarchical control” and “hazard identification andrectification” aiming to prevent risks at the source. Through regular comprehensive risk identification we dynamically maintain and update the

risk control list and have built a full lifecycle safety risk management system covering project feasibility study design and construction

phases.We continuously strengthen compliance supervision and regularly conduct construction safety performance evaluations to ensure that

production and construction activities strictly comply with EHS-related regulations. For identified risks we implement tiered control measures

across engineering technical and management dimensions clearly define responsibilities at each level and achieve closed-loop management

of all types of hazards.

51About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Major Risks Significant Risks General Risks Building Resilience through Drills: Establishing a Full-Scenario Dynamic Emergency Response System

Dedicated control plans are developed Supervised by department heads with specific Managed through routine inspections andand implemented. operating procedures established. daily monitoring. Ronbay Technology adheres to the principle of “Safety First Prevention-Oriented andIntegrated Management.” We regularly organize comprehensive emergency drills covering

key scenarios such as hazardous chemical leakage fire suppression and personnel

Chemical Management

evacuation.Through highly realistic simulation exercises we systematically assess the

Ronbay Technology regards the lifecycle management of chemicals as a core pillar of enterprise safety and sustainable development. We

coordination of emergency command systems across all sites the operability of

have established a high-standard control system with a closed-loop structure spanning from top-level policy design to frontline execution.In

emergency response plans and the readiness of emergency equipment. These drills not

2025 we continuously optimized and enhanced key policies such as the Chemical (MSDS) Management System achieving full-process

only strengthen the rapid response mechanism through multi-department coordination

compliance coverage across introduction procurement storage and waste disposal. We implemented classified and tiered management of

but also enable a closed-loop capability from rapid response to precise handling.As a

hazardous chemicals and strictly enforced high-standard physical and technical safeguards including “dual-person dual-lock” control

result the Company continuously strengthens its resilience against unexpected safety

explosion-proof and anti-seepage measures and comprehensive monitoring systems significantly improving intrinsic safety.Relying on day-

risks and enhances overall emergency preparedness.and-night shift inspection mechanisms and scenario-based emergency response plans we have built a dynamic risk defense network.Through continuous targeted drills company-wide training and visualized safety communication we embed safety responsibility deeply into

organizational culture. The coordinated enhancement of technical safeguards and management resilience ensures that every stage of

chemical management remains effectively controlled. Full Employee Engagement: Strengthening a “Prevention and Firefighting Combined” Safety Culture Foundation

Safety Emergency Management During the national “Fire Safety Month” Ronbay Technology centered its activities on the

The Company consistently adheres to the safety emergency philosophy of “better prepared for a century without use than unprepared for a theme of “Everyone Participates in Fire Safety Life First” and empowered employeessingle day.” We have established and continuously improved management systems such as the Fire Protection Facilities and Equipment through systematic awareness campaigns and interactive programs.The Company

Management System and the Confined Space Operation Safety Management System to standardize emergency management practices.The strengthened its safety culture through visual communication measures such as hazard

Company and all production sites regularly organize safety emergency drills including simulated scenarios such as liquid oxygen leakage at notification boards in key areas and on-site display of safety rules creating a strong safety

air separation stations electrical shock incidents in workshops and fire emergencies. These drills effectively strengthen employees’ awareness atmosphere. In addition we organized hands-on competitions on fire-fighting

emergency response capabilities and self-rescue and mutual-aid skills.In 2025 we introduced new requirements for monitoring early warning equipment use knowledge contests on evacuation and emergency escape and fire

emergency response and post-incident handling of climate-related disasters within China. These requirements are being progressively hazard inspection activities.This shift from knowledge-based communication to skill-

extended to overseas operating sites to enhance the Company’s effectiveness in responding to climate-related risks and emergencies. based internalization has effectively enhanced employees’ ability to identify risks and

respond to initial-stage fires. It has transformed fire safety awareness into proactive

Safety Culture Development behavior of every employee jointly contributing to a fundamentally safe working

Ronbay Technology is committed to building a safety culture involving all employees continuously strengthening safety awareness and environment.ensuring that safety concepts are deeply embedded in daily operations thereby establishing a strong ideological foundation for safe

production.In 2025 the Company implemented multi-dimensional initiatives including safety education and training strengthened

communication and promotion of safety production culture organization of various safety activities and the implementation of performance-

based reward and penalty mechanisms. These efforts continuously enhance employees’ safety awareness and execution capability across the Chemical Warehouse Management at Xiantao Ronbay

organization.At Xiantao Ronbay we have established dedicated policies for chemical management including the Chemical Management

System and the Controlled Precursors and Explosive Chemicals Management System. In addition we have developed specific

emergency response plans tailored to actual usage scenarios.In daily operations we strictly implement all management

requirements. The chemical warehouse is equipped with intrusion alarm systems and targeted inspections are regularly

conducted for electrostatic discharge prevention facilities to ensure safe and compliant operations.

52About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

CPR + AED First Aid Training Program Psychological Health Counseling Program at Hubei Ronbay

In 2025 the Group Environmental and Safety (EHS) function conducted specialized first-aid programs across multiple sites. These On April 28 2025 during the 23rd National Occupational

included CPR (Cardiopulmonary Resuscitation) and AED (Automated External Defibrillator) training sessions and hands-on drills. The Disease Prevention and Control Law Promotion Week themed

Company also carried out a comprehensive review of external medical resources at each site.For sites where professional medical “Caring for Workers’ Mental Health” Hubei Ronbay actively

assistance could not be reached within the critical “golden 4 minutes” window for cardiac arrest response AED devices were responded to the initiative by organizing a special lecture titledcentrally procured and deployed. In addition we collaborated with professional organizations such as the Red Cross to conduct “Focusing on Employee Mental Health and Relievingdedicated CPR + AED training programs.These initiatives further improved the Group’s emergency rescue resource allocation and Occupational Stress.”The event focused on workplace

strengthened on-site first-aid capabilities across all operating locations. psychological well-being systematically introducing key

concepts of mental health and providing practical and detailed

stress management guidance for employees. The initiative

aimed to foster a safe supportive and healthy organizational

environment.Healthy Low-Fat Meal Supply Program

In 2025 in response to the National Health Commission’s

“Healthy Weight for All” initiative and the “Weight ManagementYear” campaign and to promote weight management among

employees for the prevention of chronic diseases the Group

Employee Occupational Health Management

introduced optional healthy low-calorie meal sets in the

In 2025 Ronbay Technology systematically revised the Occupational Health Management System and strengthened localized compliance

cafeterias of multiple subsidiaries.This initiative aims to

governance across domestic and overseas sites (e.g. the Occupational Safety and Health Act in South Korea) establishing a global

encourage more scientific and healthy dietary habits among

occupational health risk prevention framework.We conduct routine monitoring of occupational health risk factors such as noise dust and high

employees and support overall occupational health and well-

temperature. Source-level controls are implemented through safety warning signage installation of dust removal and noise reduction

being.equipment and provision of certified personal protective equipment (PPE). We also strictly enforce a closed-loop “three certificates and onelabel” management system for PPE.In addition we implement a “one employee one health record” occupational health surveillance system

covering pre-employment in-service and exit medical examinations. Through initiatives such as Health Promotion Week blood pressure

monitoring and healthy diet programs we further enhance employees’ health awareness and overall well-being.Metrics & Targets

Safety Culture Development

Ronbay Technology is committed to building a safety culture involving all employees continuously strengthening safety awareness and

During the reporting period a total of 217safety emergency drills and 2393 safety training sessions

ensuring that safety concepts are deeply embedded in daily operations thereby establishing a strong ideological foundation for safe

production.In 2025 the Company implemented multi-dimensional initiatives including safety education and training strengthened were organized. The participation rate of employees in safety drill positions and the training coverage rate both

communication and promotion of safety production culture organization of various safety activities and the implementation of performance-

based reward and penalty mechanisms. These efforts continuously enhance employees’ safety awareness and execution capability across the reached100 %.The coverage rate of the occupational health and safety management system for

organization. employees is 100%.

53About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Humanistic Care: Building a Harmonious Workplace Mother’s Day ActivitiesRonbay Technology is committed to creating a positive working atmosphere and a supportive human-centered environment. We care about In 2025 on the occasion of Mother’s Day the Company launched a series of themed activities under the title “Tribute to Maternalemployees’ physical and mental well-being as well as family harmony and provide comprehensive care programs covering all Love Fragrance at Ronbay.”Through organizing floral arrangement salons and distributing appreciation gift packages the program

employees.Through a wide range of cultural recreational activities and robust employee support services we help address employees’ aimed to provide comprehensive care for female employees who play dual roles as both workplace contributors and family

practical concerns and reduce their worries in daily life. This enables employees to focus on their work while also enjoying a balanced and caregivers.This initiative not only recognizes employees’ dedication and hard work but also reflects the Company’s commitment to a

harmonious life enhancing both their sense of achievement at work and overall well-being. gender-equal corporate culture continuously enhancing the sense of belonging and well-being among female talent.Putting Care into Action: Empowering Women’s Career Development

Ronbay Technology places strong emphasis on gender equality in employment and the protection of women’s rights and is committed to

providing an inclusive supportive and growth-oriented working environment for female employees.We not only offer caring facilities and

dedicated health protection for women during special periods such as pregnancy childbirth and breastfeeding but also continuously focus on

their physical and mental well-being as well as career development. The Company organizes women-focused care activities health seminars

and career empowerment programs to comprehensively support female employees’ growth and help them fully realize their professional

value.International Women’s Day (March 8) Activities

In the warm spring of March blossoms are in full bloom. To pay tribute to the strength of women in the workplace Ronbay

Technology’s domestic and overseas sites jointly organized a series of diverse care activities for International Women’s Day (March

8).From floral arrangement workshops to thoughtfully prepared gift boxes and sweet tea breaks the Company expressed its care

Mother–Baby Rooms / Female Employee Rest Areas

through attention to detail. These activities aimed to help every female employee of Ronbay unwind feel warmth and appreciation

during their dedicated festival and embrace both work and life with greater confidence and elegance shining in their own way.Amid the busy pace of R&D and production a quiet and

comfortable rest space represents Ronbay’s sincere care for its

female employees. In 2025 each site progressively built and

upgraded mother–baby rooms and female employee rest areas.From design considerations to privacy protection every detail

reflects respect for women and care for working mothers.In these spaces love and career are no longer a trade-off. The

Company is committed to being a strong support for every

female employee enabling “her power” to flourish gracefully at

every stage and shine in the workplace.

54About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Respecting Local Cultures and Building an Open and Inclusive Ecosystem

Ronbay Technology is committed to building an open equal and inclusive workplace environment and regards supporting vulnerable groups Spring Festival Annual Gala

as an important part of fulfilling its social responsibility.We firmly oppose workplace discrimination. By implementing equal employment

policies improving accessibility facilities and providing dedicated support and vocational skills training for persons with disabilities and other At the turn of the year Ronbay employees around the world gathered together to usher in a new chapter in 2025. On the stage of the

groups we strive to create fair employment and development opportunities. This enables every employee to realize their personal value in an Spring Festival Gala employee-produced cultural performances showcased the energetic ambitious and pioneering spirit of Ronbay

inclusive environment and grow together with the Company. people.During the banquet recognition ceremonies honored the outstanding contributions made in ordinary roles while engaging

lucky draw activities expressed the Company’s sincere appreciation for employees’ hard work throughout the year.This celebration

“Growing Together with Vulnerable Groups” – JS ENERGY Establishes a Para Sports Team was not only a visual and cultural feast but also a deep integration of the “home culture” within the organization. It inspires all

Ronbay employees to move forward with greater determination toward the goal of becoming a global industry leader.JS ENERGY the Company’s wholly owned subsidiary in Korea officially established the “JS Para Athletes Employment Team” in July.The team has recruited four wheelchair tennis athletes and plans to introduce professional coaching support to help them progress

toward a professional level laying a solid foundation for achieving both athletic and career development success.At the 45th Korean Para Sports Games in 2025 athletes from the JS ENERGY wheelchair tennis team delivered outstanding

performances. In the Women’s Open Doubles event athlete Ahn Seong-suk secured a 2–0 victory over the Gyeonggi Province team

and won the gold medal. In the Singles event Ahn Seong-suk and Park Jae-hong won the silver medals respectively.JS ENERGY has also signed Memoranda of Understanding with several local organizations in the fields of para sports and

employment support. The Company aims to create more job opportunities for persons with disabilities in the future and to give back

to society through concrete actions demonstrating sincere care and support for vulnerable groups.Fun Sports Day

To implement the philosophy of “healthy living and efficient work” Ronbay Technology hosted the 2025 Fun Sports Day themed “FullEnergy Moving Forward Together.” The event broke down departmental boundaries and featured a series of engaging activities that

combined competition with collaboration comprehensively strengthening employees’ teamwork capabilities and resilience.As an important component of the Company’s occupational health management system the sports day not only effectively relieved

work-related stress but also deeply embedded the corporate spirit of “striving forward and pursuing excellence” into team culture

injecting strong internal momentum for the Company’s high-quality and sustainable development.Energizing Engagement: Building a Harmonious Work and Life Environment Together

Guided by the philosophy of “happy work healthy life” we actively provide platforms for employees to release stress and showcase their

talents. The Company regularly plans and organizes a wide range of cultural and sports activities including sports competitions team-building

exercises interest club gatherings and traditional festival celebrations.These dynamic activities not only enrich employees’ after-work life but also promote communication and interaction across departments and

organizational levels significantly strengthening team cohesion and sense of belonging. They enable every Ronbay employee to experience

the warmth and joy of a large organizational family while pursuing their professional goals.

55About Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Comprehensive Support: Enhancing Employee Well-being and Happiness

Team-Building Activities To effectively enhance employees’ sense of gain and belonging Ronbay Technology has established a comprehensive multi-dimensional

employee benefits system. In addition to providing competitive compensation and full statutory benefits we further expand the scope of

The Company places great emphasis on strengthening team cohesion. In 2025 various business units and production sites employee care by offering a wide range of supplementary benefits including annual health check-ups customized holiday allowances and

organized diversified team-building activities to build bridges for cross-department communication. From challenging outdoor team gifts meal and transportation subsidies paid leave and support programs for employees facing financial hardship.development programs to culture-focused workshops closely linked to business scenarios these initiatives aim to enhance We continuously listen to employee feedback and optimize our benefits framework aiming to provide reliable support for employees and their

employees’ sense of belonging and improve teamwork efficiency through collective collaboration.These activities are not only a

deep practice of corporate culture but also an important enabler for stimulating organizational vitality and ensuring the effective families ensuring that human-centered care reaches every employee.implementation of the Company’s global strategy. They allow every employee to achieve mutual growth with the Company through

collaboration and shared progress.Holiday Benefits

At every important festival Ronbay Technology remains consistently present with its employees. Whether it is customized

mooncakes for the Mid-Autumn Festival or warm New Year gift packages during the Spring Festival each gesture is carefully

prepared to create a sense of belonging and “home” for all Ronbay employees working across different roles and locations.Through meaningful and ritualized holiday experiences we strengthen the emotional bond between the Company and employees’

families allowing care and warmth to flow through every ordinary yet special moment.

56

Dragon Boat Festival Mid-Autumn Festival

Lantern Festival Children’s DayAbout Ronbay Strategic Vision and Key Performance Sustainability Governance Excellence in Governance Value-Driven Green Operations Co-responsibility for Shared Wins Shared Growth and Collaboration

Public Welfare and Charitable Initiatives

Employee Engagement Activities at Overseas Sites As a leading global new energy materials enterprise Ronbay Technology has always upheld the original aspiration of “technology for good”

embedding corporate social responsibility into both mindset and action. We recognize that the value of an enterprise lies not only in creating

As the Company’s globalization strategy continues to deepen Ronbay Technology is committed to extending warm employee care to economic wealth but also in contributing to the shared progress of society.In 2025 we continued to improve our public welfare and charitable

every overseas site. In locations such as Korea and Poland we strictly comply with local labor laws while integrating local cultural framework focusing on areas such as ecological environmental protection and community care. Through institutionalized and long-term

customs to carry out a series of employee care initiatives effectively enhancing the occupational well-being of local employees.This philanthropic initiatives we connect every small act of goodwill and are committed to building a more humane and resilient sustainable future

deeply localized management approach not only strengthens cohesion within overseas teams but also reinforces Ronbay’s image

as a responsible global corporate citizen. fulfilling the responsibility and mission of a globally responsible enterprise.Christmas – JS ENERGY Poland (JSEE) “Family Month” Lucky Draw Campaign – JS Korea

“2025 Volunteer Relay Initiative · Launch Ceremony” – JS ENERGY Korea

On March 5 2025 the Chungju Volunteer Service Center held

the “2025 Volunteer Relay Initiative · Launch Ceremony” at

the City Hall. A total of 21 institutions and companies 96

organizations and approximately 200 participants attended

the event.On the same day the JS Korea site volunteer team

also participated in the ceremony demonstrating its

commitment to social contribution through concrete actions

and contributing Ronbay’s efforts to support the local

community.Rural Revitalization and Public Welfare & Charity

Rural Revitalization

Ronbay Technology actively responds to China’s Rural Revitalization Strategy and deeply integrates its high-quality development with the

national blueprint for rural revitalization. Guided by the principle of “targeted empowerment and long-term impact” we adopt a diversified

approach combining employment promotion rural public welfare and industrial development to enhance endogenous growth momentum and

industrial capacity in regions where we operate. We also continue to consolidate the achievements of poverty alleviation and contribute the

“Ronbay approach” to the realization of common prosperity.We have deeply cultivated an “education + employment” dual-driven model positioning it as a core engine for rural empowerment. During the

reporting period the Company expanded localized recruitment efforts and strengthened industry–education integration through school–

enterprise cooperation. These initiatives not only provide broader career development opportunities for local workers but also effectively

improve local employment levels and talent capabilities.At the same time leveraging the resource endowments of each production base and

the cluster effects of the new energy industry chain the Company promotes regional industrial upgrading and transformation. This industrial

spillover effect supports surrounding regions in advancing toward more modern and sustainable economic structures.

57Key Performance Indicators Indicator Unit 2022 2023 2024 2025

Balance of accounts payable (including

notes payable) at the end of the 10000 yuan 1142975.25 834109.93 857259.25 719367.39

Corporate Governance and Economic Performance reporting period

Corporate Governance Ratio of accounts payable (including

notes payable) balance to total assets at % 44.54 33.85 34.82 31.32

the end of the reporting period

Indicator Unit 2022 2023 2024 2025

Total number of

person / 9 9 9 Environmental protection expenditure 10000 yuan 1746.81 2212.89 3137.03 1028.41

board of directors

Number of female

directors on the person / 3 3 3 Safety expenditure 10000 yuan 1802.06 2802.05 1421.48 994.57

board of directors

Ratio of female

directors in the % / 33.33 33.33 33.33 Charitable donation expenditure 10000 yuan 31.63 75.00 64.69 25.00

board of directors

Economic Performance Compliance Operations Risk Management and Control and Integrity Management

Indicator Unit 2022 2023 2024 2025 Indicator Unit 2022 2023 2024 2025

Number of pending legal proceedings

Total assets 100 million yuan 256.6 246.39 246.23 229.68 case - 5 9 7

regarding overdue payments

Product output 10000 ton 11.43 13.29 17.24 13.05 Number of risk management training time 4 2 7 5

sessions

Revenue 100 million yuan 301.23 226.57 150.88 122.67

Rectification rate of audit findings % 74 75 76 78

Net profit 100 million yuan 13.74 6.28 3.29 -1.62

Audit coverage rate (bases) % 71 75 83 88

R&D expenditure 10000 yuan 48655.43 35424.45 42415.88 42165.12 Signing rate of commitment letter on % 100 100 100 100

integrity

Government grants

10000 yuan 5967.69 12690.81 6485.69 8147.46

and support fund Business ethics training coverage % 100 100 100 100

58Intellectual Property Protection Environmental Performance

Cumulative Indicator Unit 2022 2023 2024 2025 Energy Consumption

Invention

item 261 492 629 959

applications Indicator Unit 2022 2023 2024 2025

Inventions granted item 72 104 162 251 Total comprehensive ton of - - 114881.40 115954.02

energy consumption standard coal

Applications for

item 343 469 577 659 Total direct energy ton of - - 80433.95 3672.47

utility models consumption standard coal

Utility models Total power MWH 668085.61 849948.17 911723.97 699469.11

item 274 346 435 504

granted

Natural gas

cubic meter 517429.00 632731.00 1462563.00 2983249.00

consumption

Information Security and Privacy Protection

Purchased steam

ton 86256.00 136533.00 113000.62 96348.00

consumption

Indicator Unit 2022 2023 2024 2025

Total indirect energy ton of - - 34447.45 112281.56

Internal information

time - 6 3 7 consumption standard coal

security audit

Total Green Electricity

Third-party Usage (Green Power MWH - - 311569.93 279808.54

information security time - 1 0 0 + Certificates)

audit

Proportion of green

Information security

person-time - 168 154 392 electricity % - - 34.17 40.00

audits upon departure consumption

Green electricity

Major safety incidents case - - 0 0 certificate MWH - - 213912.11 220000.00

procurement volume

Information security

On-site photovoltaic

incidents reported case - - 0 0 MWH - - 3091.82 11321.54

externally power generation

Purchased electricity

Monetary value consumption: MWH - - 97657.82 48487.00

involved in data 10000 yuan - - 0 0 renewable energy

security incidents

Purchased electricity

Number of customer consumption: Non- MWH - - 600154.04 639660.57

privacy breach case - - 0 0 renewable energy

incidents

Note:1.Data on total comprehensive energy consumption total direct energy consumption and total indirect energy consumption do not cover the JS and EMT bases in South

Korea. 2.The 2024 data on natural gas consumption covers only the Shanxi Zhongbei Base. Statistics for 2025 will newly include the JS and EMT bases in South Korea. 3.The

Monetary value 2024 data on purchased steam consumption covers only the Xiaocaoe and Linshan bases. 4.In 2025 the comprehensive energy consumption data is detailed in accordance

involved in customer with the Chinese National Standard GB/T 2589-2020 "General Principles for Calculation of Total Production Energy Consumption". Specifically data in Table A.1 is classified

10000 yuan - - 0 0

privacy breach as direct energy consumption while data in Tables A.2 and B.1 is classified as indirect energy consumption. The sum of these two constitutes the total comprehensive energy

incidents consumption. The 2024 statistics only covered electricity consumption. For 2025 all energy types specified by the standard are quantified. The newly added energy types

include liquid oxygen steam natural gas water gasoline and diesel.

59Greenhouse Gas Emissions Water Resource Usage

Indicator Unit 2022 2023 2024 2025 Indicator Unit 2022 2023 2024 2025

Scope 1 ton of CO 2 3628.02 7194.06 9501.25 14140.94

(Category 1) equivalent Total amount of

10000 ton 155.87 145.99 117.6 106.95

water withdrawal

Scope 2 ton of CO 2 319310.58 516925.13 516152.00 385313.44

(Category 2) equivalent

Water withdrawal ton / ton of 13.61 10.98 6.82 8.19

ton of CO intensity2 productScope 3 1828698.03 2455915.94 3040818.86 1821049.43

equivalent

Scope 3 ton of CO 2 - - 31218.85 33206.45

(Category 3) equivalent Total amount of ton - - 966990 434465.50

recycled water

Scope 3 ton of CO 2 - - 3009600.01 1787842.98

(Category 4) equivalent

Note: 1.Data on total water withdrawal and water withdrawal intensity for 2022 does not cover the Xiantao Shanxi Zhongbei and JS (South Korea) bases. 2.Data on total

recycled water for 2024 does not cover the Xiaocaoe JS (South Korea) and EMT (South Korea) bases. 3.Data on recycled water for 2025 does not cover the JS (South Korea)

Scope 3 ton of CO 2 - - - - and EMT (South Korea) bases.

(Category 5) equivalent

Scope 3 ton of CO 2 - - - - Packaging Material Management

(Category 6) equivalent

Indicator Unit 2022年 2023年 2024年 2025年Total greenhouse gas ton of CO 2 2151636.62 2980035.13 3566472.11 2220503.81

emissions equivalent

Packaging Material

item - 124200 108314 78133

Recovery-Tray

ton of CO

Greenhouse gas 2

equivalent / tons of 23.74 22.53 20.69 17.01

emission intensity

products

Note:1.The above data for 2022 covers only the Ezhou and Zunyi bases. 2.The Scope 3 data for 2024 does not cover the EMT base in South Korea nor does it include carbon Note: The data does not include the JS and EMT bases in South Korea.offsets. 3.The Scope 3 data for 2025 does not cover the Zhongbei and EMT (South Korea) bases.

60Pollutant Treatment Wastewater

Solid waste Indicator Unit 2022 2023 2024 2025

Indicator Unit 2022 2023 2024 2025

Total wastewater

ton 255416.56 264882.05 245375.38 323330.64

Hazardous waste emissions ton 1610.23 1375.29 1181.86 1024.10 discharge

Hazardous waste rate of a ton / 1000-ton 14.19 10.35 6.86 7.84

thousand-ton product product

Emissions per unit

ton / ton product 2.25 1.99 1.42 2.48

of output

General industrial solid

waste disposed (excluding ton 3170.32 1133.21 1223.43 1552.95

recycled)

Chemical Oxygen ton - - 5.89 4.54

General solid waste rate of a ton / 1000-ton 27.74 8.53 7.10 11.90 Demand (COD)

thousand-ton of product product

Waste recovery amount ton 8419.53 8016.86 9535.24 6762.78

Ammoniacal

ton - - 1.33 0.64

Note: 1.Waste recycling includes solid waste such as ton bags (FIBCs). 2.To ensure data accuracy the figures above for 2022 cover the Ezhou Zunyi Xiaocaoe and EMT nitrogen (NH3 -N)

bases. Figures for 2023 cover the Ezhou Zunyi Xiantao Xiaocaoe Linshan Shanxi Zhongbei JS (South Korea) and EMT (South Korea) bases. Data for general solid waste

has been adjusted for statistical consistency. 3.In 2025 data on hazardous and general solid waste disposal does not include the EMT base in South Korea while data on

waste recycling does not include the Zhongbei and EMT (South Korea) bases.Waste gas Suspended solids ton - - 2.88 1.59

Indicator Unit 2022 2023 2024 2025

Sulfur dioxide (SOx) ton - - 1.36 1.16 Total phosphorus ton - - 0.01 0.01

Nitrogen oxides (NOx) ton 14.19 10.12 2.56 1.44

VOCs (Volatile Organic ton - - 0 0

Compounds)

Note: 1.The indicator "Wastewater discharge per unit of production" is calculated as: Total wastewater discharge / Total production output of the base. 2.Data on total wastewater

Particulate matter ton - - 14.43 10.28 discharge and wastewater discharge per unit of production for 2022 covers the Ezhou Zunyi Xiaocaoe and EMT bases. Data for 2023 covers the Ezhou Zunyi Xiantao Xiaocaoe

Linshan Shanxi Zhongbei JS and EMT bases. 3.Data on chemical oxygen demand (COD) and ammonia nitrogen for 2024 does not cover the Zhongbei JS and EMT bases. 4.Data

on suspended solids (SS) and total phosphorus (TP) does not cover the Zhongbei base and the bases in South Korea. 5.For 2025 data on chemical oxygen demand (COD) and

Dust emissions per unit of g / ton product 197.81 93.46 83.70 78.76 ammonia nitrogen does not include the JS and EMT bases in South Korea. Data on suspended solids (SS) covers only the Zunyi and Linshan bases and data on total phosphorus

product (TP) covers only the Xiantao Linshan and Xiaocaoe bases.Note: 1.Data on nitrogen oxides (NOx) for 2022 covers only the EMT base while data for 2023 covers the Zhongbei and EMT bases. 2.Data on particulate matter (PM) does not

cover the EMT base in South Korea.

61Social Performance Supplier Management

Indicator Unit 2022 2023 2024 2025

Customer Service

Total number of

--386343344

Indicator Unit 2022 2023 2024 2025 suppliers

Outgoing (Product) Batch Pass Rate % - - 99.99 99.99

Supplier from the

--373261281

Number of product-recalls due to Chinese Mainlandcase - - 0 0

quality issues

Suppliers from Hong

Incurred Costs of Major Safety & Kong Macao - - 13 82 63

Quality Liability Incidents Related to

10000 yuan - - 0 0 Taiwan and overseas

Products and Services During the

Reporting Period

Number of supplier

Number of customer privacy leakage audits that have - - 54 79 31case - - 0 0

incidents involved been conducted

Customer complaint handling rate % 100 100 100 100

Annual number of

-18547931

Customer satisfaction % 96.1 96.8 97.45 96.55 assessed suppliers

R&D and Innovation Annual proportion of

completed % 67 100 100 100

supplier assessment

Indicator Unit 2022 2023 2024 2025

Number of suppliers

Number of R&D personnel person 599 647 679 642 certified by the - - - 52 139

environmental

By education level management system

Doctoral Degree person 12 27 36 32 Number of suppliers

certified by

Master degree person 258 337 338 355 the occupational health - - - 52 141

and safety

Bachelor’s degree and below person 329 283 305 255 management system

By age

Number of suppliers

certified by the

Under 30 years (including 30 years) person 302 355 358 305 - - - 52 156

quality management

system

30-50 years (excluding 30 years person 287 279 304 321

including 50 years)

Note: The count of suppliers with triple certification for 2025 includes suppliers of raw materials precursor auxiliary materials and engineering equipment from mainland

Over 50 (excluding 50) person 10 13 17 16 China and some overseas regions. The 2024 statistics cover only suppliers of key materials.

62Employment Indicator Unit 2022 2023 2024 2025

By Nationality / Ethnicity

Indicator Unit 2022 2023 2024 2025

Total Chinese National

person - - 4043 3529

Employees

Total number of

person 4644 4376 4471 3962

employees Total Ethnic Minority

person 165 156 172 144

Employees

Employee Data Statistics Breakdown - Overview Korean Ethnicity person - - 52 41

By gender Tujia Ethnicity person - - 20 19

Number of male

person 3545 3297 3438 2996

employees Miao Ethnicity person - - 23 17

Number of female

person 1099 1079 1033 966 Other Ethnicities person - - 77 67

employees

Ratio of male employees % 76.34 75.34 76.9 75.62 Total Foreign National person 194 275 457 433

Employees

Ratio of female employees % 23.66 24.66 23.1 24.38

South Korea person - - 420 411

By age

Poland person - - 3 19

Under 30 years (including

person 1698 1510 1392 1273

30 years) United States person - - 3 2

30-50 years (excluding 30

years person 2726 2678 2858 2473 Other Nationalities person - - 2 1

including 50 years)

By Function

Over 50 (excluding 50) person 220 188 221 216

Production Staff person - - 3007 2760

By education level

Sales Staff person - - 89 75

Doctoral Degree person 17 32 41 40

Finance Staff person - - 98 108

Master degree person 491 624 627 650

Bachelor’s degree person 1125 1095 1045 887 Technical Staff person - - 679 641

Below bachelor’s degree person 3011 2625 2758 2385 Administrative Staff person - - 598 378

63Employee Data Statistics Breakdown - Management Employee Data Statistics Breakdown - New Hires

Indicator Unit 2022 2023 2024 2025 Indicator Unit 2022 2023 2024 2025

Total Newly Hired Staff person 2221 1322 985 451

Total Management Staff person 62 66 73 69

By Gender Number of Campus Recruits person 395 301 140 156

Number of male employees person 51 53 61 57 Newly Hired Staff - Male person 1748 1019 813 323

Number of female employees person 11 13 12 12 Newly Hired Staff - Female person 473 303 172 128

By Age Under 30 years (including 30 years) person 1151 662 427 263

Under 30 years (including 30 years) person 1 1 - - 30-50 years (excluding 30 years person 1060 660 550 184

including 50 years)

30-50 years (excluding 30 years person 53 55 58 56

including 50 years) Over 50 (excluding 50) person 10 - 8 4

Over 50 (excluding 50) person 8 10 15 13

Staff Turnover Rate

By Nationality / Ethnicity

Number of Chinese National Management Staff person - - - 63 Staff Turnover Rate % - - 2.49 1.91

Number of Foreign National Management Staff person - - - 6 Female Staff Turnover Rate % - - 1.94 1.66

Employee Data Statistics Breakdown - Disabled Employees Male Staff Turnover Rate % - - 2.63 1.99

Staff Turnover Rate (Under 30) % - - - 2.49

Total Staff with Disabilities person 3 3 24 23

Percentage of Staff with Disabilities % 0.06 0.07 0.54 0.58 Staff Turnover Rate (30-50) % - - - 1.64

Staff with Disabilities - Male person - - 11 9 Staff Turnover Rate (Over 50) % - - - 0.99

Staff with Disabilities - Female person - - 13 14 Staff Satisfaction % 84.77 82.06 83.40 79.40

Note: "Management" refers to middle-level and above management personnel. Note: Staff Turnover Rate = (Annual Voluntary Departures + Annual Involuntary Departures) / ((Annual Voluntary Departures + Annual Involuntary Departures + Number of Staff at

Year-End) / 12)

64Rights and Benefits of Employees Staff Training and Development

Labor Rights - Benefits & Performance Evaluation Indicator Unit 2022 2023 2024 2025

Indicator Unit 2022 2023 2024 2025 Total expenditure on 343.00 115.60 60.17 139.00

employee training 10000 yuan

Total duration of employee

Family Leave - Number of Staff Eligible for hour - 17873 26990 26177.00

person 4644 4376 4471 3962 training

Leave

Number of types of training

session / year 57 375 585 592

courses

Total number of hours for class hour/

Family Leave - Number of Staff Who Took 33390 44507 58799 59427

person - 192 336 570 employee training year

Leave

Average length of employee class hour / 20.59 27.38 20.29 14.75

training person / year)

Average Training Hours

Labor Contract Signing Coverage Rate % 100 100 100 100 hour - 16 10 7

Received by Male Staff

Average Training Hours

hour - 13 13 10

Received by Female Staff

Social Insurance Contribution Rate for Regular

%100100100100

Staff Total Number of Training time - 7560 7085 36991

Sessions

Training Hours - By Staff Level

Number of Staff Receiving Regular

person - - 1846 1631

Performance & Career Development Reviews

Total Training Hours for

hour - 76 125 24

Senior Management

Per Capita Training Hours for

Proportion of Staff Receiving Performance hour - 25 7 2

% - - 41.29 41.17 Senior Management

Reviews

Total Training Hours for

hour - 4982 445 271

Middle Management

Number of Male Staff Receiving Performance

person - - 1210 1082 Per Capita Training Hours for

Reviews hour - 192 10 6Middle Management

Total Training Hours for

hour - 25832 29656 25898

General Staff

Number of Female Staff Receiving

person - - 636 549

Performance Reviews Per Capita Training Hours for

hour - 15 11 8

General Staff

65Number of Staff Trained Occupational Health and Safety

Indicator Unit 2022 2023 2024 2025 Indicator Unit 2022 2023 2024 2025

Proportion of employees covered by

Total Number of the occupational health and safety % - - 100 100

person - 1773 2821 3423

Staff Trained management system

Number of Staff in Identified Occupational

person - - - 1710

Disease Risk Positions

Percentage of Staff

% - 76 61 85 Number of employees participating

Trained in occupational disease physical person - - 3038 2342

examination

By Gender Number of employees with person - - 0 0

occupational diseases

Staff Occupational Health Check-up Coverage % - 100 100 100

Female person - 577 843 918 Rate

Number of major safety accidents case - - 0 0

Lost Time Injury Frequency Rate (LTIFR) per / - - 2.41 2.43

million hours worked

Male person - 1119 1922 2490

Lost Time Injury Severity Rate (LTISR) per million / - - 486 423

hours worked

By Job Grade Number of employees who died due to case - - 0 0

work-related injuries

Number of Staff Covered by Work Injury

person - - - 2662

Senior Management person - 3 18 13 Insurance

Work Injury Insurance Coverage Rate % - - - 100

Number of Safety Emergency Drills Conducted time - 113 214 217

Middle Management person - 26 45 43

Total Personnel Covered by Safety Emergency

person-time - - 3610 1975

Drills

Number of Safety Training Sessions time - 2520 2351 2393

General Staff person - 1744 2758 3367

Total Duration of Safety Training hour - 20405 175434 47385

Safety Training Coverage Rate % - 100 100 100

Note: Data on total staff training expenditure for 2024 and 2025 covers only the actual training expenditure of the Group's functional departments. Staff Participation Rate in Safety Drills (by % - 100 100 100

Position/Post)

Note: 1.Data on positions with occupational disease risks does not cover the JS and EMT bases in South Korea. 2.The calculation formulas are as follows: LTIFR = (Number of

lost time injuries / Total actual hours worked) × 10^6；LTISR = (Total number of lost workdays / Total actual hours worked) × 10^6

66Report Index

Guidelines No. 14 of Shanghai Stock Exchange for Self Regulation of Listed Companies—Sustainability Report (Trial) Benchmark Index

Dimension No. Issue Provision Location Dimension No. Issue Provision Location

Climate change 3.1 Energy Conservation Emission Reduction and Climate The company does not engage in research and

1 Article 21 to 28

tackling Change Addressing Ethical issues in science and development activities in highly sensitive fields of12 Article 43

technology science and technology ethics—such as life sciences

artificial intelligence and human genetic resources—

3.4 Co-creating Environmental Protection Safeguarding Lush and is therefore not applicable.

2 Pollutant discharge Article 30 Mountains and Lucid Waters-Pollutant and Waste

Management

13 Supply chain security Article 45 4.2 Collaborative Progress Forging a Green Chain

3.4 Co-creating Environmental Protection Safeguarding Lush

3 Waste disposal Article 31 Mountains and Lucid Waters-Pollutant and Waste

In accordance with regulations the company has

Management

publicized information on overdue payments to small

Equal treatment to small and

3.4 Co-creating Environmental Protection Safeguarding Lush 14 Article 46 and medium-sized enterprises (SMEs) via the National

Ecosystem and

4 Article 32 Mountains and Lucid Waters-Ecosystem and Biodiversity Social

medium-sized enterprises Enterprise Credit Information Publicity System. The

biodiversity protection

Protection company has not had any instances of overdue

payments to SMEs.Environment

Environmental 3.4 Co-creating Environmental Protection Safeguarding Lush Safety and quality of products 2.4 Quality First: Delivering Excellence in Products and

15 Article 47

5 compliance Article 33 Mountains and Lucid Waters-Environmental Compliance and services Service

management Management

Data security and customer 1.3 Upholding Compliance and Strengthening Risk

16 Article 48

3.3 Green Manufacturing and Zero-Carbon Green Power privacy protection Management

6 Energy usage Article 35

Advancing-Energy Management

17 Employees Article 50 5 Shared Growth and Collaboration

Usage of water 3.4 Co-creating Environmental Protection Safeguarding Lush

7 Article 36

resources Mountains and Lucid Waters-Water Resource Management

18 Due Diligence Article 52 Sustainability Governance

8 Circular Economy Article 37 3.2 Resource Circulation and Recycling System Building

Communications with

19 Article 53 Sustainability Governance

5.4 Humanistic Care: Building a Harmonious Workplace- stakeholders

9 Rural Revitalization Article 39 ESG

Rural Revitalization and Public Welfare & Charity Governance

Anti-Commercial bribery and 1.4 Integrity and Self-Discipline Upholding Fairness and

Contributions to the 4.4 Local Integration Supporting Community Development

20 Article 55

Social anti-corruption Justice10 Article 40 5.4 Humanistic Care: Building a Harmonious Workplace-

society

Rural Revitalization and Public Welfare & Charity

1.4 Integrity and Self-Discipline Upholding Fairness and

21 Anti-unfair competition Article 56

11 Innovation-driven Article 42 2.2 Platform Empowerment Deepening Innovation and R&D Justice

67Global Reporting Initiative (GRI) Standards 2021 Benchmark Index

Ronbay Technology prepared the report in accordance with GRI standards for the period from January 1 to

Statement of Use GRI Standard Disclosure Location Omitted Reason Explanation

December 31 2025.GRI 1 Used GRI 1 Foundation 2021 2-11 Chair of the highest governance body Corporate Governance：

Applicable GRI sector

No Sector Standard(s) applicable

standard(s) 2-12 Role of the highest governance body in Sustainability

overseeing the management of impacts Governance

GRI Standard Disclosure Location Omitted Reason Explanation

2-13 Delegation of responsibility for managing Sustainability Not applicable (omitted)

impacts Governance

2-1 Organizational details About Ronbay

2-2 Entities included in the organization's 2-14 Role of the highest governance body in Sustainability

About This Report

sustainability reporting sustainability reporting Governance

Not applicable (omitted)

2-3 Reporting period frequency and contact point About This Report 2-15 Conflicts of interest Corporate Governance

2-4 Restatements of information Key Performance Indicators Sustainability2-16 Communication of critical concerns

Governance

GRI 2

2-5 External assurance Assurance Report General

Disclosures 2021 2-17 Collective knowledge of the highest Sustainability

governance body Governance

2-6 Activities value chain and other business

GRI 2 About Ronbayrelationships

General 2-18 Evaluation of the performance of the

For details see Rongbai

highest governing body Technology 2025Disclosures

2021 2-7 Employees Key Performance Indicators

Annual Report

Fair Employment and Rights 2-19 Remuneration policies Corporate Governance

2-8 Workers who are not employees

Protection

2-20 Process to determine remuneration Corporate Governance

Sustainability Governance Due to confidentiality

2-9 Governance structure and composition Structure requirements for the

Corporate Governance 2-21 Annual total compensation ratio Omitted Confidentiality information

Restrictions it is temporarily not

disclosed to the

Corporate Governance public.

2-10 Nomination and selection of the highest For details see Articles of

Association 2-22 Statement on sustainable development

Message from the

governance body

strategy Committee

Sustainability Strategy

68GRI Standard Disclosure Location Omitted Reason Explanation GRI Standard Disclosure Location Omitted Reason Explanation

Integrity Management and Materiality Assessment

Business Ethics Investor Rights Protection

2-23 Policy commitments Responsible Supply Chain 3-3 Management of Climate Change Addressing

Management material topics Fair Employment and Rights

Fair Employment and Rights Protection

Protection

Integrity Management and 201-1 Direct economic

Business Ethics For relevant information see thevalue generated and Omitted Not applicable

2-24 Embedding policy Responsible Supply Chain company's 2025 Annual Reportdistributed

commitments Management GRI 201

Fair Employment and Rights Economic 201-2 Financial Climate Change Addressing

Protection Performance 2016 implications and other risks Materiality Assessment

Integrity Management and and opportunities due to

Business Ethics climate change2-25 Processes to

remediate negative Responsible Supply Chain 201-3 Defined benefit plan

impacts Management For relevant information see theobligations and other Omitted Not applicableFair Employment and Rights company's 2025 Annual Report

Protection retirement plansGRI 2

General Disclosures Integrity Management and 201-4 Financial assistance For relevant information see the

2021 Omitted Not applicable

2-26 Mechanisms for Business Ethics received from government company's 2025 Annual Report

seeking advice and raising Responsible Supply Chain

concerns Management 3-3 Management of Materiality Assessment

Fair Employment and Rights material topics

Protection

2-27 Compliance with For details refer to the content 202-1 Ratios of standard Due to confidentiality

laws and regulations of each topic in the report entry level wage by gender Omitted Confidentiality requirements for the

GRI 202 compared to local Restrictions information it is temporarily not

2-28 Membership Responsible Supply Chain Market Performance minimum wage disclosed to the public.

associations Management 2016

2-29 Approach to Materiality Assessment Due to confidentiality

Stakeholder Engagement 202-2 Proportion of seniorstakeholder engagement management hired from Omitted

Confidentiality requirements for the

Restrictions information it is temporarily not

the local community

disclosed to the public.Due to confidentiality

2-30 Collective bargaining

Omitted Confidentiality requirements for the information

agreements Restrictions it is temporarily not 3-3 Management of Materiality Assessment

disclosed to the public. material topics

3-1 Process to determine

Materiality Assessment GRI 203: Indirect 203-1 Infrastructure Community Engagement

material topics

Not applicable (omitted) Economic Impacts investments and services Rural Revitalization and

GRI 3 2016 supported Public Welfare & Charity

Material Topics 2021 3-2 List of material topics Materiality Assessment

203-2 Significant indirect Community Engagement

3-3 Management of Rural Revitalization and

Materiality Assessment economic impacts

material topics Public Welfare & Charity

69GRI Standard Disclosure Location Omitted Reason Explanation GRI Standard Disclosure Location Omitted Reason Explanation

Materiality Assessment

3-3 Management of material Responsible Procurement

Due to confidentiality

Responsible Supply Chain 301-2 Recycled input requirements for thetopics Omitted Confidentiality

Management materials used information it isRestrictions

GRI 204: Procurement temporarily not

Practice 2016 disclosed to the public.GRI 301: Materials

Due to confidentiality 2016

204-1 Proportion of spending Confidentiality requirements for the Due to confidentialityOmitted

on local suppliers Restrictions information it is 301-3 Reclaimed products requirements for the

temporarily not and their packaging Omitted Confidentiality information it is

disclosed to the public. Restrictionsmaterials temporarily not

disclosed to the public.

3-3 Management of material Materiality Assessment

topics Integrity Management and

Business Ethics

3-3 Management of material Materiality Assessment

205-1 Operations assessed Integrity Management and topics Energy Management

GRI 205: Anti- for risks related to corruption Business Ethics

corruption 2016

205-2 Communication and Integrity Management and

training about anti corruption Business Ethics

policies and procedures Key Performance Indicators 302-1 Energy consumption Energy Management

within the organization Key Performance Indicators

205-3 Confirmed incidents of Integrity Management and

corruption and actions taken Business Ethics

The company is

3-3 Management of material Materiality Assessment involved in too many

Integrity Management and

topics business relationships

Business Ethics 302-2 Energy consumption Lack of and value chain

GRI 206: Anti- OmittedGRI 302: Energy 2016 outside of the organization information segments making it

competitive Behavior 206-1 Legal actions for anti- Due to confidentiality difficult to calculate

2016 competitive behavior

Omitted Confidentiality

requirements for the the actual external

antitrust and monopoly Restrictions information it is energy consumption.practices temporarily not

disclosed to the public.

302-3 Energy intensity Sustainability Governance

3-3 Management of material Materiality Assessment

topics Circular Economy

Pollutant and Waste Management

302-4 Reduction of energy

GRI 301: Materials Sustainability Governanceconsumption

2016

Due to confidentiality

301-1 Materials used by Confidentiality requirements for theOmitted 302-5 Reductions in energy

weight or volume Restrictions information it is

temporarily not requirements of products Sustainability Governance

disclosed to the public. and services

70GRI Standard Disclosure Location Omitted Reason Explanation GRI Standard Disclosure Location Omitted Reason Explanation

101-6 Direct drivers of Ecosystem and Biodiversity

Materiality Assessment biodiversity loss Protection3-3 Management of material

topics Water Resource Management

Pollutant and Waste Management GRI 101

Biodiversity 101-7 Changes to the state of Ecosystem and Biodiversity

2024 biodiversity Protection

Ecosystem and Biodiversity

303-1 Interactions with water Water Resource Management 101-8 Ecosystem services Protection

as a shared resource Pollutant and Waste Management

GRI 303

Water and Effluents

2018 303-2 Management of water Materiality AssessmentPollutant and Waste Management 3-3 Management of material

discharge-related impacts topics Climate Change Addressing

Pollutant and Waste Management

303-3 Water withdrawal Key Performance Indicators

305-1 Direct (Scope 1) GHG

Key Performance Indicators

emissions

303-4 Water discharge Key Performance Indicators

305-2 Energy indirect (Scope

303-5 Water consumption Key Performance Indicators Key Performance Indicators2) GHG emissions

3-3 Management of material Materiality Assessment

topics Ecosystem and Biodiversity

305-3 Other indirect (Scope 3)

GRI 305 Key Performance Indicators

Protection GHG emissionsEmissions 2016

101-1 Policies to halt and Ecosystem and Biodiversity 305-4 Greenhouse gas Key Performance Indicators

reverse biodiversity loss Protection emission intensity

GRI 101 101-2 Management of Ecosystem and Biodiversity 305-5 Reduction of GHG

Biodiversity biodiversity impacts Protection

Key Performance Indicators

emissions

2024

101-3 Access and benefit- Ecosystem and Biodiversity

sharing Protection 305-6 Emission of ozone- Key Performance Indicators

depleting substances (ODS)

101-4 Identification of Ecosystem and Biodiversity

biodiversity impacts Protection

305-7 Nitrogen oxides (NOx )

101-5 Locations with Ecosystem and Biodiversity sulfur oxides (SOx) and other Key Performance Indicators

biodiversity impacts Protection significant air emissions

71GRI Standard Disclosure Location Omitted Reason Explanation GRI Standard Disclosure Location Omitted Reason Explanation

3-3 Management of material Materiality Assessment

topics Fair Employment and Rights

Protection

3-3 Management of material Materiality Assessment

topics Pollutant and Waste Management 401-1 New employee hires

Key Performance Indicators

and employee turnover

401-2 Benefits provided to

306-1 Waste generation and Fair Employment and RightsGRI 401 full-time employees that are Protection

significant waste related Pollutant and Waste Management Employment not provided to temporary or 5.4 Humanistic Care: Building a

impacts 2016 part-time employees Harmonious Workplace

GRI 306

Waste 306-2 Management of

2020 significant waste related Pollutant and Waste Management Fair Employment and Rights

impacts Circular Economy 401-3 Parental leave Protection

5.4 Humanistic Care: Building a

Harmonious Workplace

306-3 Waste generated Key Performance Indicators 3-3 Management of material

Materiality Assessment

topics

306-4 Waste diverted from GRI 402

Key Performance Indicators

disposal Labor/ management

Due to confidentiality

relations 2016 402-1 Minimum notice

periods regarding Omitted Confidentiality

requirements for the

Restrictions information it is

306-5 Waste diverted to operational changes temporarily not

Key Performance Indicators

disposal disclosed to the public.

3-3 Management of material Materiality Assessment

3-3 Management of material Materiality Assessment topics Occupational Health and Safety

topics Responsible Supply Chain

Management

403-1 Occupational health

GRI 308 GRI 403: Occupational and safety management Occupational Health and Safety

Supplier environmental 308-1 New suppliers that Health and Safety 2018 system

assessment 2016 were screened using Key Performance Indicators

environmental criteria 403-2 Hazard identification

risk assessment and Occupational Health and Safety

308-2 Negative incident investigation

environmental impacts in the Responsible Supply Chain

supply chain and actions Management 403-3 Occupational health

Key Performance Indicators Occupational Health and Safety

taken services

72GRI Standard Disclosure Location Omitted Reason Explanation GRI Standard Disclosure Location Omitted Reason Explanation

403-4 Worker participation

consultation and Materiality Assessment

communication on Occupational Health and Safety 3-3 Management of material Fair Employment and Rights

occupational health and topics Protection

safety

403-5 Worker training on

occupational health and Occupational Health and Safety GRI 405 405-1 Diversity of

governance bodies and Corporate Governancesafety Equity and Diversity Key Performance Indicators

2016 employees

403-6 Promotion of worker

Occupational Health and Safety

health

Due to confidentiality

403-7 Prevention and 405-2 Ratio of basic salary requirements for the

GRI 403 Occupational mitigation of occupational and remuneration of women Omitted

Confidentiality

information

Restrictions

Health and Safety health and safety impacts Occupational Health and Safety to men it is temporarily not

2018 directly linked by business disclosed to the public.

relationships

403-8 Workers covered by an 3-3 Management of material Materiality Assessment

occupational health and Occupational Health and Safety topics Fair Employment and Rights

safety management system Protection

GRI 406 Non

discrimination 2016

403-9 Work-related injuries Occupational Health and Safety 406-1 Incidents of

Key Performance Indicators Fair Employment and Rightsdiscrimination and

Protection

corrective actions taken

403-10 Work-related ill health Occupational Health and Safety

Key Performance Indicators 3-3 Management of material

Materiality Assessment

topics

3-3 Management of material Materiality Assessment

GRI 408

topics Employee Training and

Child Labor 2016

Development 408-1 Operations and Fair Employment and Rights

suppliers at significant risk

Protection

for incidents of child labor

404-1 Average hours of

Key Performance Indicators

training per year per employee

GRI 404 3-3 Management of material

Training and 404-2 Programs for upgrading Materiality Assessment

Education 2016 Employee Training and

topics

employee skills and transition

Development

assistance programs GRI 409

Forced or Compulsory 409-1 Operations and

404-3 Percentage of Labor 2016 suppliers at significant risk Fair Employment and Rights

employees receiving regular Fair Employment and Rights for incidents of forced or Protection

performance and career Protection compulsory labor

development reviews Key Performance Indicators

73GRI Standard Disclosure Location Omitted Reason Explanation GRI Standard Disclosure Location Omitted Reason Explanation

Materiality Assessment

3-3 Management of material Product Quality and Safety

Materiality Assessment topics Hazardous Substance

3-3 Management of material Community Engagement Management

topics Rural Revitalization and Public Customer Service

Welfare & Charity

GRI 416: Customer 416-1 Assessment of the

Product Quality and Safety

health and safety impacts of Hazardous SubstanceHealth and Safety 2016 Management

GRI 413: Local 413-1 Operations with local product and service categories Customer Service

Communities 2016 community engagement Key Performance Indicators

impact assessments and

development programs 416-2 Incidents of non Product Quality and Safety

compliance concerning the Hazardous Substance

health and safety impacts of Management

413-2 Operations with Environmental Compliance products and services Customer Service

significant actual and Management

potential negative impacts Community Engagement

Rural Revitalization and Public

on local communities 3-3 Management of material

Materiality Assessment

Welfare & Charity topics Hazardous Substance

Management

3-3 Management of material 417-1 Requirements

Materiality Assessment Hazardous Substance

topics for product and service Management

information and labeling

GRI 417

Marketing and Labelling 417-2 Incidents of non-

GRI 414: Supplier 414-1 New suppliers that Responsible Supply Chain

No relevant

2016 compliance concerning

were screened using social Management Omitted Not applicable information has beenSocial Assessment product and service

2016 criteria Key Performance Indicators

collected/compiled

information and labeling

417-3 Incidents of non-

414-2 Negative social Responsible Supply Chain No relevantcompliance concerning

impacts in the supply chain Management Omitted Not applicable information has beenmarketing communications

and actions taken Responsible Procurement collected/compiled

3-3 Management of material Not applicable in light 3-3 Management of material

Materiality Assessment

Omitted Not applicable topics Information Security and Privacytopics of national conditions Protection

GRI 415

Public Policy GRI 418

2016 Customer Privacy 2016 418-1 Substantiated

Not applicable in light complaints concerning

Information Security and Privacy

415-1 Political contributions Omitted Not applicable

of national conditions breaches of customer privacy

Protection

Customer Service

and losses of customer data

7475