HKEX: 02676.HK

SSE STAR MARKET: 688052.SH

2025

Environmental Social and

Governance (ESG) ReportCONTENTS

Devising Effective Devising

About This Report 02 A Closer Look at Feature Chip-Powered Smart Effective Strategies and

Message from the

05 NOVOSENSE: Embarking 08 Mobility for a Safeguarding Chairman 03 on a New Chapter Sustainable Future 11 Sustainable Development

Board Statement 04

Company Profile 05 Chip-Driven Smart Manufacturing: Compliance Governance 12

Global Presence 05 Powering Green and Safe Mobility 08 ESG Governance 18

Corporate Culture 05 Chip Synergy: Co-building an Open Information Security 24

Core Business 05 and Collaborative Ecosystem 10

History 07

Putting People First Green Operations:

27 and Supporting 42 Creating and Sharing Working Together to

Outlook 66

Employee Growth Extraordinary Value 56 Build a Green Future Appendix 67

Our Employees 28 Technology Innovation 43 Environmental Management 57 Honors and Awards 67

Employees’ Rights and Interests 31 Quality Management 48 Energy Conservation and Emissions Report Index 68

Training and Career Development 36 Supply Chain Management 52 Reductions 58 Feedback 76

Occupational Health and Safety 39 Raw Material Usage 61

Social Welfare and Responsibility 41 Responding to Climate Change 6202

About This Report

Report Overview Unless otherwise specified all currencies and amounts in this report are denominated in CNY.This represents the fourth Environmental Social and Governance (ESG) Report released by

Suzhou Novosense Microelectronics Co. Ltd. It is compiled based on the company’s specific Reference Standards

efforts in bolstering corporate governance safeguarding employees’ rights and prioritizing

R&D and innovation throughout the year 2025. Its aim is to showcase the company’s ESG This report follows Guidelines No. 14 of Shanghai Stock Exchange for the Self-Regulation

approach and its commitment to fulfilling corporate social responsibility for the year. of Listed Companies—Sustainability Report (Trial) Appendix C2 Environmental Social and

Governance Reporting Code of the Listing Rules issued by the Hong Kong Stock Exchange

and refers to Global Reporting Initiative: Sustainability Reporting Standards (GRI Standards)

Reporting Period (2021 Edition) China CSR Reporting Guidelines (CASS-ESG 6.0) issued by Research Center for Corporate Social Responsibility Academic Division of Economics Chinese Academy of

January 1 2025 to December 31 2025. Some contents are backdated to previous years or Social Sciences.extended to subsequent years as appropriate to enhance the readability of this report.Access to the Report

Reporting Scope This report includes three versions: Simplified Chinese Traditional Chinese and English. In

Unless otherwise specified the scope of this report is consistent with the scope of the case of any ambiguity the Simplified Chinese version shall prevail. You can download the

company’s annual report. electronic version of this report from the website of Suzhou Novosense Microelectronics Co. Ltd.(www.novosns.com) for more information of the company.Abbreviations

For ease of expression and reading “NOVOSENSE” “the company” or “we” will be used to Feedback

represent “Suzhou Novosense Microelectronics Co. Ltd”. and its subsidiaries in the report. If you have any opinions or suggestions on the sustainable development of the company

please provide your feedback in the following ways to help us make continuous improvement.Data Sources Tel: +86-512-6260-1802 Email: pr@novosns.com

The data and examples cited in this report are all from the official working documents

financial reports and statistical data of NOVOSENSE and its major subsidiaries and have

been reviewed and confirmed by the relevant departments of the company to ensure that

there are no false records misleading statements or material omissions. In case of any

discrepancy between this report and the company’s annual report the latter shall prevail.03

Message from the Chairman

Dear colleagues partners and readers

2025 marked the 12th anniversary of NOVOSENSE’s R&D and bu i ld ing capabi l i t ies . The company Harnessing Green Future-facing Chip

founding. Over these twelve years we are staying has also constantly refined its stable supply and

true to its original aspiration as reflected in our delivery systems enabling sustainable and orderly Products as a Growth Drivervalues “Robust Reliable Keep Learning Persist in development in the face of a volatile and complex NOVOSENSE’s va lues are deeply inter twinedLong-term Value”. We are working alongside our environment. with the idea of sustainability which we actively

employees customers and partners and staying integrate into our corporate governance and

committed to our path in order to open up new Pursuing Achievements for Sustained operational management. We prioritize investments

possibilities. The company has remained steadfast Growth in environmentally friendly R&D to drive the industry in i ts long-term strategic v is ion cont inuously toward low-carbon and intelligent transformation. We

s t rengthen ing i t s techno log ica l and product In the au tomot i ve sec to r NOVOSENSE has are also committed to the growth of every employee

capabilities through stable and resil ient growth. extended its product coverage to critical systems cultivating a safe equal diverse and inclusive

On December 8 2025 NOVOSENSE off ic ia l ly including traction inverters On-Board Chargers work environment. This approach has strengthened

commenced trading on the Main Board of the Hong (OBCs) Battery Management Systems (BMS) and e m p l o y e e e n g a g e m e n t a n d b e l o n g i n g . O u r

Kong Stock Exchange. This milestone underscores thermal management solutions for new energy specialized training programs – such as XIN HUO

the company’s commitment to deepening its Chinese vehicles. The company continues to expand its XIN SHI and XIN KONG – continuously empower

market presence while accelerating global customer presence into domains such as body electronics team development and professional growth. Guidedservice fostering supply chain synergy accelerating automotive lighting intell igent cockpits chassis by the principle that states “Quality begins withthe deve lopment o f an in tegra ted indus t r i a l cont ro l and safety systems cont r ibut ing to design and is integrated throughout the entireecosystem and taking its globalization strategy to system-level innovation for low-carbon safe and product lifecycle” we have fostered a “Quality First”

a new level. On behalf of the Board of Directors I intel l igent electr ic vehicles. In the pan-energy culture with a view to ensuring high customer trust

would like to express my sincere appreciation to our sector NOVOSENSE has persistently deepened and sustained competitiveness. We have deepened

employees for their hard work to our customers for its expertise establishing comprehensive solutions partnerships across the global supply chain offering

their trust and to our partners for their support! for key scenarios spanning new energy power customized solutions to enhance our clients’ system

generation power transmission/distribution and performance. Through flexible eff icient service

Deepening Commitment amid the high-power consumption. Focusing on signal chain capabilities we have supported clients in optimizing

Industry Transition power management sensing and real-time control costs unlocking value and tapping into both existing the company has established a robust product and emerging market opportunities.At this juncture the semiconductor industry is portfolio and is actively pursuing higher integration

progressively moving from a phase of cycl ical and broader application scenarios. In emerging Rooted in the Local Market while

adjustment toward a more rational and structured fields such as embodied intelligence NOVOSENSE

development stage. The ongoing evolution of the is steadi ly advancing. Start ing from functional Embracing the Global Stage

industry landscape has put forward higher standards requirements we position ourselves on the "smart Like the rising sun moving along its radiant path

for companies’ st rateg ic fores ight execut ion terminal" track and proactively built forward-looking NOVOSENSE has made an exc i t ing journey

capabi l i t ies and long-term investment abi l i ty. technical reserves in key areas including intelligent expanding from China to the global stage. We will

Globally the analog semiconductor sector continues perception intelligent decision-making and intelligent strive to become an indispensable “co-builder”

to maintain robust growth resilience. In China the execut ion. These advancements demonstrate and “preferred partner” amid the intelligent and

industry’s growth potential is particularly significant the company’s proven abi l i ty to del iver highly electrified transformation of the global automotive

driven by the deepening synergy of the local industrial reliable solutions within complex systems while and energy industries. As we set sail on this new

ecosystem. NOVOSENSE has consistently advanced simultaneously establishing a solid foundation for voyage we remain committed to collaborating with Wang Shengyang

along its predefined strategic direction focusing on sustained long-term growth. all stakeholders on our shared sustainability journey.key applications while continuously strengthening Together we will navigate challenges pioneer new Chairman of NOVOSENSE

horizons and forge ahead.04

Board Statement

During the reporting period the Board of The preparation of this report strictly follows

Directors as the highest decision-making the relevant regulations of the Shanghai Stock

body for ESG governance of the company Exchange and the Hong Kong Stock Exchange

is fu l l y respons ib le for the superv is ion and the compl iance wi th ESG report ing

guidance and review of ESG affairs ensuring guidelines can be found in the index table of

the effective implementation of ESG strategy this report. This report has been reviewed

in daily operations. The Board of Directors and approved for publication by the Board of

attaches great importance to risk management Directors.work and has incorporated ESG key risks

in to the company’s comprehens ive r isk

management system. I t regu lar ly t racks

environmental objectives and controversies

and promotes comprehensive and full process

risk management and control through risk

assessment process contro l and event

response.The company iden t i f i es eva lua tes and

prioritizes significant ESG issues related to

the company’s business operations from the

dimensions of impact materiality and financial

mater ia l i ty wi th re ference to regu latory

requirements such as Guidel ines No. 14

of Shanghai Stock Exchange for the Self-

Regulation of Listed Companies—Sustainability

Report (Trial) Appendix C2 Environmental

Social and Governance Reporting Code of the

Listing Rules issued by the Hong Kong Stock

Exchange and refers to the United Nations

Sustainable Development Goals (SDGs) and the

GRI Standards issued by the Global Reporting

Initiative we identify evaluate and prioritize

major ESG issues screen out substantive

issues and set ESG goals related to business

operations.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 05

A Closer Look at NOVOSENSE: Embarking on a New Chapter

Company Profile Corporate Culture

NOVOSENSE Microelectronics (688052.SH 02676.HK) is a highly robust & reliable analog and

mixed signal chip company. Since its establishment in 2013 the company has been focusing on

sensor signal chain and power management providing comprehensive semiconductor products Sense & Drive the Future Build a Green Smart and Connected

and solutions which are widely used in automotive industrial information communication and Mission World with Semiconductorsand Vision

consumer electronics markets.Robust Reliable Keep Learning Persist in Long-term Value

Values

All-category mixed digital- Leader among China Leader among digital

analog chip provider automotive chip providers isolator isolated driver

and sensor providers

Global Presence Core Business

R&D and sales in China and other countries:

Product OfferingsNOVOSENSE always adheres to the core values of “Robust Reliable Keep Learning Persistin Long-term Value” with a view to providing reliable products to customers and serving as a

Suzhou Shanghai Shenzhen trustworthy partner for industry players.Be i j i ng Chengdu Nan j ing

Hangzhou Hefe i Q ingdao

Wuhan Chongqing Tianjin We maintain a comprehensive semiconductor product portfolio spanning sensors (magnetic

pressure temperature and humidity sensors) signal chain solutions (isolation interface and

general-purpose signal chains) power management (drivers power path protection and high/low-

side switches) and MCU and ASSP across diverse application areas. At the end of 2025 we had

Germany South Korea Japan

the United States more than 3900 models available for sale.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 06

Core Business

Markets

We are committed to continuously expanding our product offerings and tailoring them to address evolving application scenarios. We aim to provide a As a forerunner in China’s green smart

complete suite of solutions for automotive electronics pan-energy1 and consumer electronics among other areas. Our products are mainly applied in chips NOVOSENSE actively responds to the

the following downstream markets: social call for eco-environmental initiatives.By leveraging i ts three core technology

Automotive Electronics Renewable Energy and Power Industrial Automation Consumer Electronics areas – sensors signal chains and power

management – as foundational pil lars the

Ch ips a r e t he co re d r i v i ng f o r ce From a system design perspect ive The industr ia l automat ion sector is Personal consumer e lectronics and

beh ind techno log ica l innovat ion in efficiency miniaturization reliability and developing rapidly as it pursues greater household appliances are entering a new company has developed a comprehensive

the au tomot i ve i ndus t r y enab l i ng longevity are the focuses of the pan- intell igence accuracy and efficiency. era of intelligence and sophistication. g reen product por t fo l io se rv ing c r i t i ca l

e l e c t r i f i c a t i o n a n d i n t e l l i g e n c e . energy industry including photovoltaic In this context NOVOSENSE’s chip With its advanced sensors and driver sectors inc luding automot ive industr ia l

NOVOSENSE is dedicated to providing and w ind power compan ies . W i th solutions are celebrated for their low c h i p t e c h n o l o g y N O V O S E N S E i s and energy. With its excellent technological

comprehensive chip solutions for the chip solutions characterized by high quality small size and high integration power consumption high reliability and committed to achieving high-precision capabi l i t ies and forward-looking strategic automotive sector with its products NOVOSENSE o f fe rs a d iverse and high integration which enable industrial detection and high-performance control

w ide l y app l i ed i n c r i t i ca l sys tems flexible technology portfolio for energy systems to save energy cut costs and with a view to driving innovation and

positioning NOVOSENSE continues to lead

such as ma in i nve r te rs on-board systems that meets diverse needs. raise efficiency. The company’s products competitiveness for the industry. The the way in driving environmental sustainability

chargers battery management and Our products are widely used across a cover mu l t ip le scenar ios such as company ’s so lu t ions a re no t on l y and innovation.thermal management . Add i t iona l l y range of scenarios including string and industrial frequency converters servos extensively applied to white goods such

the company continues to expand its centralized photovoltaic inverters micro stepping motors intelligent instruments as washing machines air conditioners

innovative solutions further covering and household energy storage inverters industrial robots and humanoid robots and refrigerators but also cover a wide

areas l ike body e lect ron ics smart energy storage converters wind power and provide strong technical support for range of small smart appliances such

cockp i ts veh ic le l i gh t ing chass is converters charging stat ion system raising the intelligence efficiency and as robotic vacuum cleaners humidifiers In 2025 the distribution of NOVOSENSE’s

control and safety systems helping control and modules AC-DC and DC-DC power supplies mobile energy storage reliability of industrial control systems. ironing machines coffee machines and the automotive industry move toward a equipment energy management systems health pots empowering smart home

p r o d u c t s i n t e r m s o f d o w n s t r e a m

smarter and more efficient future. (EMS) and uninterruptible power supply life for consumers in an all-round way applications was as follows:

(UPS). In this way we are supporting the and making home life more intelligent

energy industry’s efforts to become more convenient and efficient.efficient reliable and intell igent and

promoting the sustainable development Automotive

of clean energy technology. electronics 35.22%

Pan-energy 52.92%

Consumer

electronics 11.86%

1 The pan energy field mainly refers to industrial applications around energy systems including various fields such as photovoltaic energy storage modular power supply industrial control power electronics and white electricity from power generation to transmission

distribution and finally to power consumption.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 07

History

First 3-axis accelerometer SSC First automotive IC released Mass production of temperature ISO driver and ISO amplifier Automotive MCU+Driver magnet ic

ASIC released First digital isolator released sensor IC released switch released

First Pressure sensor SSC Mass production of automotive First MEMS pressure sensor Mass production of Automotive Automotive temperature and humidity

ASIC released qualified pressure sensor IC released ISO product family sensors CAN SIC solid-state relays

ISO power and ISO interface First hall current sensor released low side and high side switches LED

released & mass production drivers released

Automotive motor driver IC & Real-t ime control MCU/DSP high-

Automotive power IC released speed SerDes interfaces and ultrasonic

radar ASSP

2013-20142015-20182018-20192020-20222023-2025

Company founded in 2013 Entering the automotive and O b t a i n e d I S O 9001 :2015 Obta ined TüV ISO 26262 Expanding overseas markets establishing

Focus on the consumer electronics industrial markets Quality Management System Functional Safety Management branches in Germany Japan South Korea

market Recognized again as a China Certification issued by SGS System ASIL-D certification and U.S.Break even national high-tech enterprise Recognized again as a China IPO on The Sc ience and Recognized as a member of the AEC

Rated as an excellent enterprise national high-tech enterprise Technology Innovation Board Technical Committee

in Jiangsu Province More than 100 million automotive Completes 100% equity acquisition of

chips shipped MagnTek

Successfully listed on the Main Board of

the Hong Kong Stock Exchange

In 2025 NOVOSENSE’s Automotive

Business accounted for over 35.22 % of

the company revenue with cumulative

shipments of automotive chips exceeding

1.418 billion pcsA Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 08

Feature Chip-Powered Smart Mobility for a Sustainable Future

In respect of long-term global carbon neutrality goals carbon

reduction continues to present significant challenges for the Chip-Driven Smart Manufacturing: Powering Green and Safe Mobility

industry. The semiconductor industry—as the linchpin for

integrating digital technologies with low-carbon models— As the automotive sector advances along the dual tracks of intelligentization and decarbonization chips have emerged as the defining

is p lay ing an important ro le in empower ing the green element of product performance and ecosystem value. At the core of our strategy are three foundational technologies – sensors

transformation. NOVOSENSE has always embraced the concept signal chains and power management – which form the cornerstone of our product innovation. By embedding safety reliability and

of technology-driven sustainability and has integrated low-carbon green-efficiency design principles into our development process we deliver highly integrated low-power consumption chip solutions

practices into its innovation and cooperation efforts. Through our that meet the highest functional safety standards. These innovations not only ensure the security of every journey but also actively

technological breakthroughs and partnerships we have injected reduce energy consumption and resource utilization across the entire vehicle lifecycle. Through this approach we are transforming

new momentum into the sustainable development of China’s technological advancements into tangible sustainable mobility offerings.chip industry.Our automotive LED driver ICs ensure safe and reliable mobility solutions Featured product

NOVOSENSE’s automotive LED driver ICs are specially designed for automotive lighting

applications including headlights and taillights. Widely adopted in scenarios such as full-width

taillights turn signals brake lights grille lights and Intelligent Signal Display (ISD) systems

these solutions deliver highly integrated driving capabilities for smart automotive lighting. This

product series has obtained DEKRA’s ISO 26262:2018 ASIL B Functional Safety Product

Certification demonstrating compliance with automotive functional safety requirements for

both systematic and random hardware failures at the ASIL B level. These chips incorporate

multiple safety mechanisms that are able to detect anomalies in both internal components

and external systems. With its additional Fail-Safe control functionality the solution ensures

systems transition to predefined safe states when malfunctions are detected significantly

enhancing safety for both vehicle occupants and pedestrians. Through innovative thermal

sharing design the product series reduces the number of chips needed and the system’s

thermal output lowering overall energy consumption by the vehicle while extending the service

life of lighting systems. This helps reduce maintenance needs component replacements

and related resource consumption across the vehicle lifecycle. This product series is 100%

certified for functional safety enabling automotive manufacturers and Tier 1 to efficiently meet

global vehicle safety regulations and supply chain compliance requirements.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 09

Chip-Driven Smart Manufacturing: Powering Green and Safe Mobility

Our magnetic position switch Featured product Our automotive audio digitization solution redefines audio architecture for sustainable mobility Featured product

sensors enhance efficiency and device longevity NOVOSENSE’s automotive audio digitization solution is designed in accordance with the latest digital audio network

NOVOSENSE’s magnetic position switch sensors employ non- standards established by China’s National Technical Committee of Auto Standardization. This innovative solution

contact sensing technology to replace traditional mechanical uses a single unshielded twisted pair cable to achieve synchronized transmission of audio control signals and clock

switches and potentiometers significantly reducing system power signals over distances of up to 80 meters. The design eliminates the need for independent power supply at each

consumption while extending the service life of end devices. node while keeping deterministic latency below 50 microseconds and supporting up to 32-channel capability. These

This solution is being widely applied in industrial IoT automotive technical advantages position the solution to meet the demanding requirements of high-end applications such as

home appliances and consumer electronics enabling low-power active noise cancellation and high-definition audio systems. By replacing traditional multi-analog cable harnesses

device management condition monitoring and safety detection. with digital audio networks the solution reduces cable harness quantity and weight by approximately 75% lowers

Through high-reliability design dual-output architecture and raw material usage intensity and indirectly improves energy efficiency through vehicle lightweighting.multi-configuration solutions on a single wafer the technology

simplifies peripheral circuits reduces BOM material usage

optimizes inventory management and minimizes production Our impact pressure sensor products enable faster response building a Featured product

waste. Its compact low-power design supports more compact strong line of defense for vehicle occupant safety

end products contributing to energy efficiency and resource

optimization throughout the product lifecycle. NOVOSENSE’s Crash air pressure sensor products address important safety scenarios

such as side collisions effectively solving the insufficient response of traditional

accelerometers in rapid pole collisions. The China’s New Car Assessment Program

(C-NCAP 2024) has added the side collision tests which demands higher occupant

protection standards achieving effective identification within 7ms has become essential

for reliable side curtain airbag deployment. This solution introduces pressure sensors

in door areas and the sensors work synergistically with accelerometers significantly

improving the timeliness and reliability of side curtain airbag activation. Initially adopted

in premium vehicles the technology is now expanding to conventional models providing

more robust passive safety protection for occupants. In terms of safety compliance

the sensor solution is designed according to automotive functional safety standards

meeting ASIL B(D) and supporting upper-level system to achieve ASIL D. It operates

reliably under harsh conditions delivering stable signals for critical occupant protection

systems and ensuring overall vehicle safety performance. We are also evaluating the

feasibility of applying fluorine-free material during chip design for the solution offering

more sustainable process options while enhancing vehicle safety. This proactive

approach aligns with increasingly stringent environmental regulations and guides

automotive electronics toward safer more sustainable development.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 10

Chip Synergy: Co-building an Open and Collaborative Ecosystem

While deeply cultivating technological innovation we also

adhere to the industrial concept of “open coexistence”. NOVOSENSE actively participates in the development of the “China Featured eventWe are committed to fostering collaboration with industry Technology Roadmap for Energy-Saving and New Energy Vehicles 3.0”

stakeholders and advancing collective progress in the chip As a representative enterprise in the China’s automotive

sector. We actively organize and participate in industry chip industry NOVOSENSE has played a pivotal role in the

summits forums and other events deeply engaging in development of the “Technology Roadmap for Automotive Chips”the development of technology roadmaps and industry under “Technology Roadmap for Energy Saving and New Energystandards. By collaborating with upstream and downstream Vehicles 3.0”. The company’s technical and market experts were

partners along the value chain we drive joint innovation invited to serve as members of the expert panel contributing to

and tackle technical challenges together. We share leading the formulation of technical pathways development goals and standard frameworks in critical areas such as automotive-grade

practices and explore cutting-edge technologies with industry sensors and driver chips. NOVOSENSE shared its technical

experts enterprises and partners to consolidate industrial insights and industry practices as part of this process.synergies and promote high-quality development. During the

reporting period we partnered with ecosystem stakeholders

across mul t ip le domains to cu l t ivate a co l laborat ive

industrial ecosystem characterized by shared technological

advancements and complementary resources. By pursuing Driving an intelligent future and empowering the intelligent electric ecosystem – Featured event

the dual strategies of “technological breakthroughs” and NOVOSENSE attends the China EV100 Forum

“ecosystem co-construction” we have not only strengthened

our competit ive advantages in core markets such as From 28 to 30 March 2025 the China Electric Vehicleautomotive electronics and new energy but also helped the 100 Forum (2025) themed “Strengthening Electrificationindustry move towards more efficient clean and low-carbon Advancing Intelligence and Achieving High-Qualitybusiness models. Development” was held at the Diaoyutai State

Guesthouse in Beijing. As a leading enterprise in China’s

automotive analog chips we were invited to attend

the forum. Wang Shengyang Founder Chairman and

CEO of NOVOSENSE attended the council meeting

and gave an interview to the media. In addition Yao

Di Vice President of NOVOSENSE delivered a keynote

speech at the Smart Automotive Innovation Technology

and Industry Forum highlighting how Chinese chips can

solidify the foundation of electrification accelerate the

intelligentization process and foster global supply chain

collaboration around sustainable innovation.Devising Effective Strategies and

Safeguarding Sustainable Development

12 Compliance Governance

18 ESG Governance

24 Information Security

Effective corporate governance is a critical top-level design

for achieving sustainable development. NOVOSENSE

actively responds to the United Nations Sustainable

Development Goals 5 12 and 16 continuously improves

corporate governance and empowers corporate sustainable

development with ESG. By integrating ESG concepts into

corporate strategy we ensure that the company can move

forward steadily and contribute to society in the future.Our Actions :

● Operate with integrity abide by business ethics and organize business

ethics training for all employees at least once a year to ensure that every

employee can deeply understand and practice the company’s core values

● Continuously promote gender diversity and support the development of

women in STEM (science technology engineering mathematics) fields to

promote equal opportunities and inclusive culture construction

● Regularly conduct stakeholder communication surveys and listen to

opinions and suggestions from all parties to ensure that company

decisions fully reflect the needs and expectations of all stakeholdersA Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 12

Compliance Governance

Corporate Governance

Corporate Governance

NOVOSENSE is committed to enhancing modern corporate

governance and continuously improving management standards.The company has established a comprehensive governance

framework that clearly delineates the authority and accountability In 2025 NOVOSENSE convened meetings as follows:

of all key stakeholders including the General Meeting of

Shareholders Board of Directors (with its specialized committees)

the management and operational departments. Each functional

department has defined responsibilities cooperating to ensure General Meeting of Shareholders Board of Directors Audit Committee Strategy and ESG Committee

the separate and effective exercise of decision-making execution

and oversight functions. By implementing a rigorous balanced 4 meetings 8 meetings 6 meetings 4 meetings

and efficient governance framework the company has achieved

operational stability and sustainable growth.Nomination Committee Compensation and Appraisal Committee Board of Supervisors

By the end of the reporting period NOVOSENSE had 9 directors

(including 4 independent directors) including 2 female members 2 meetings 3 meetings 6 meetings2

(accounting for 22.22% of total members) and 7 male members.female

22.22%

Board of

Directors

Male

77.78% 2 In 2025 we have reviewed and approved the cancellation of the Board of Supervisors and other related matters.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 13

Compliance Governance

Information Disclosure Investor Relations Management

NOVOSENSE diligently adheres to the stipulations outlined in NOVOSENSE focuses on establishing a long-term and stable good relationship with investors actively carries out investor

the Administrative Measures for Information Disclosure of Listed management based on the principles of compliance equality initiative honesty and trustworthiness and formulates the NOVOSENSE

Companies alongside other relevant laws and regulations. Investor Relations Management System in accordance with the NOVOSENSE Guidelines for Investor Relations Management of

We have formulated and implemented a comprehensive Listed Companies . We improve the level of investor relations management build a two-way communication platform with investors

NOVOSENSE Information Disclosure Management Mechanism and promptly convey relevant information on business management and major decisions to investors thereby enhancing investors’

meticulously organizing the information disclosure process.Additionally we have compiled the NOVOSENSE Information understanding and recognition of the company.Disclosure Manual for Securit ies Affairs of the company

facilitating effective management and execution of information The company continues to improve its communication mechanism with investors and maintains active interaction through diverse

d isc losure responsib i l i t ies. Uphold ing the pr inc ip les of communication channels. These channels include shareholder (general) meeting SSE e-interactive platform investor consultation

truthfulness accuracy completeness timeliness and fairness hotlines reception of institutional surveys participation in brokerage strategy meetings and performance briefings. Through these

we ensure prompt disclosure of information that may significantly diverse communication channels we not only answer investors’ questions but also listen to investors’ opinions and suggestions and

influence the company’s operations safeguarding investors’ right provide reference information for the company’s decision-making based on its actual operation.to pertinent information.While formulating a sound and effective information disclosure

system the company comprehensively regulates the behavior

of insiders and information reporting procedures. We rigorously Received 200 Issued 4 Answered

enforce the transmission review and disclosure processes

for undisclosed information while enhancing the awareness of institutional surveys pieces of investor relations investor calls

insider information confidentiality and registration among relevant activity minutes

personnel. These measures are implemented to eradicate every day

instances of insider trading and further improve the transparency

and compliance of corporate governance.In 2025 the company prepared and

650 Responded to questions on More than institutions attended the performance

disclosed 4 periodic reports the SSE e-interactive platform briefings for annual first and interim reports

170 39 timesand issued other information

disclosure documents.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 14

Compliance Governance

Risk Control and Compliance Management

Compliance is the bottom line for NOVOSENSE’s operations. We have incorporated enterprise risk management and compliance management into In 2025 the company continuously refined relevant

our strategic planning continuously building and improving our compliance system and internal control system. We aim to foster a company-wide policies including the NOVOSENSE Compliance

awareness of compliance management and enhance our risk management capabilities to ensure the healthy development of the company. Management Operational Regulations in alignment

with regulatory requirements and business needs.The company has established a robust risk governance and compliance management system. The Audit Committee is established under the It conducts regular compliance risk assessments

Board of Directors as a professional supervisory body. The Internal Audit Department of the Company works independently under the guidance of focusing on key compliance domains such as trade

the Audit Committee and reports directly to the Audit Committee exercises its duties independently and is not subject to interference from other control anti-commercial bribery intellectual property

departments or individuals. The department responsibilities are as follows: anti-unfair competition information security and

labor and employment. Leveraging the existing risk

Risk control and compliance management structure: classification system and business process framework

the company systematically identifies and analyzes

Board of

Directors Responsible for establishing maintaining and ensuring the effective implementation of internal controls within the company.relevant compliance risks. Based on the likelihood

and potential impact of these risks the company

performs a graded assessment and comprehensive

Responsible for guiding and supervising the establishment and operation of internal audit function internal control system and compliance system analysis resulting in a supporting risk register along

Audit including reviewing the annual internal audit work plan of the company listening to reports on internal audit internal control and compliance with corresponding mitigation measures. Through

Committee governance evaluating the operation and outcome of internal control system and compliance system supervising the governance of important rigorous standardized closed-loop management

compliance risks and the rectification of major issues. the company ensures the effective implementation

of control measures. Compliance risk assessment

Management Responsible for the design of company processes and systems compliance management and implementation and effective operation of as a critical component of the company’s risk

Team internal control activities in the daily operation process of the company. management system is embedded with a regular and

formalized operational framework. This mechanism

It consists of an Internal Audit Department an Internal Control Department and a Compliance Department to ensure the company’s continuously supports risk identification response

standardized operation and controllable risks. and improvement aiding the company in maintaining stable operations and achieving long-term sustainable

* Internal Audit Department: Carry out internal audit work in accordance with the audit plan approved by Audit Committee comprehensively development.audit the business management activities of various functional departments and subsidiaries of the company and reasonably cover potential

Risk fraud risks during the internal audit process.Control and

Compliance * Internal Control Department: Responsible for the construction and implementation management of the internal control system guiding the

Center company in carrying out internal control management work supervising and inspecting the effectiveness of internal control and promoting the In 2025 the company provided rectification of discovered internal control deficiencies.* Compliance Department: Establish and improve a compliance management system carry out compliance risk identification and assessment 7 compliance-related training sessions

coordinate the promotion of compliance risk governance and response work and organize the construction of compliance culture and

professional compliance training. amounting to 11 hoursA Closer Look at Devising Effective Strategies Putting People First Green Operations:

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Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 15

Compliance Governance

Business Ethics

Anti-Fraud and Anti-Bribery

NOVOSENSE upholds the highest standards of integrity The company adheres to relevant laws and regulations on integrity self-discipline and business ethics including the Company

and business ethics maintaining a strict “zero tolerance” Law of the People’s Republic of China and the Anti-Money Laundering Law of the People’s Republic of China . We have

policy against bribery and corruption. We hold ourselves formulated a series of rules and regulations such as the NOVOSENSE Anti-Commercial Bribery Management and Operations

accountable for all business activities and are dedicated to Mechanism and the NOVOSENSE Anti-Commercial Bribery FAQs. During the reporting period the company updated the

fostering a transparent and ethical corporate culture ensuring NOVOSENSE Anti-Commercial Bribery Code of Conduct and expanded the scope of regulated conduct.full compliance with laws regulations and ethical standards.We have integrated a comprehensive integrity management NOVOSENSE has joined the China Enterprise Anti-Fraud Alliance and the Trust and Integrity Enterprise Alliance with a view to

framework into daily practices establishing an industry-leading strengthening its commitment and practices in anti-corruption and integrity management. Through these efforts we are not only

governance system. To reinforce this commitment we have ensuring the company’s compliant operations but also actively cultivating a culture of integrity in the industry.established a robust oversight mechanism with multi-channel

whistleblowing system that ensures unimpeded reporting

and accountability. We also have strengthened training and

awareness initiatives such as anti-corruption training and

mandatory business ethics programs to embed integrity into

corporate culture.NOVOSENSE’s Management NOVOSENSE has joined the China NOVOSENSE is a member of the

Commitment on Anti-Corruption Enterprise Anti-Fraud Alliance as a member Trust and Integrity Enterprise Alliance

and Anti-Commercial BriberyA Closer Look at Devising Effective Strategies Putting People First Green Operations:

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Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 16

Compliance Governance

The company consistently integrates compliance and internal control requirements into daily To better manage conflicts of interest and promote the standardized development of business

operations through systematic process and mechanism design ensuring all employees uphold the management the company has established the NOVOSENSE Conflict of Interest Policy to strictly

principles of integrity and self-discipline in their work thereby collectively safeguarding the corporate prevent and manage potential related-party transactions improper benefit transfers and other

integrity culture. For example we have embedded risk assessment controls in our procurement and improper behaviors safeguarding the legitimate rights and interests of the company and its

reimbursement system workflows to identify potential compliance risks and thereby enhance our shareholders. Simultaneously the company has implemented the NOVOSENSE Anti-Fraud and

compliance risk management. Reporting System establishing a dedicated professional ethics and fraud case reporting mailbox

NOVOSENSE is committed to ensuring integrity and transparency in business processes. We and has developed a comprehensive multi-channel reporting mechanism that includes letters emails

actively cooperate with customers to sign integrity agreements or commitments and require all telephone calls in-person interviews and etc. ensuring seamless and accessible reporting channels.distributors and key suppliers to sign the NOVOSENSE Code of Business Conduct for Business

Partners. Simultaneously the company actively advances compliance and integrity initiatives within To ensure the confidentiality of reported matters the company maintains strict confidentiality

internal operations ensuring full compliance in terms of business conduct through a combination of throughout the processes of registration report acceptance investigation reporting and storage

internal and external measures. to prevent leaks or data loss. Any form of retaliation against whistleblowers is strictly prohibited.Any individual who discloses reported information retaliates against whistleblowers or harasses

Supply chain compliance and integrity training and system Featured event investigators faces serious consequences including dismissal or termination of their employment

co-construction contracts in accordance with company policy. In cases where illegal or criminal activities are

suspected the relevant parties will be held accountable in accordance with the law.On June 10 2025 the company carried out a special activity on supply chain compliance and

integrity and further deepened the construction of supply chain business ethics by combining

training publicity and employee co-creation. This event targeted sensitive positions such as The company has established a multi-channel reporting platform including

procurement based on business reality combined with the form of workshops and revolves specific channels as follows:

around topics such as basic requirements for anti-commercial bribery typical risk situations

and code of conduct for communication and standardization. This training achieved 100%

coverage of management and employees in the procurement function which helps to unify Online platform: Office Automation (OA) reporting platform

internal compliance awareness strengthen awareness of integrity and self-discipline and

further enhance employees’ understanding and execution of business ethics requirements.The company continues to promote the integration of relevant systems into daily practice Email: complaint@novosns.com

promote the effective implementation of business ethics management in supply chain

management and provide support for the construction of a sunny and sustainable supply Address: Internal Audit Department Suzhou Novosense Microelectronics Co.chain system. Ltd. No. 9 Dongdangtian Lane Suzhou Industrial Park Jiangsu Province China

Tel: +86-512-6260-1802 (ext. 812)A Closer Look at Devising Effective Strategies Putting People First Green Operations:

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Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 17

Compliance Governance

To enhance the business ethics competence and compliance Anti-Monopoly and Anti-Unfair Competition Transparent Tax Payment

awareness of all employees the company has integrated

business ethics into various aspects of employee development The company places great emphasis on anti-monopoly and anti- Lawful and honest taxation is a cornerstone of enterprises’

including training programs compliance promotion efforts and unfair competition management and adheres to the requirements fulfillment of social responsibilities and a demonstration of

awareness research thereby creating a comprehensive and of laws and regulations such as the Anti-Monopoly Law of the business creditability. The company strictly abide by relevant tax

systematic framework for ongoing education and cultivation: People’s Republic of China and the Anti-Unfair Competition laws and regulations such as the Regulations of the People’s

Law of the People’s Republic of China actively building a robust Republic of China on the Implementation of the Enterprise Income

To achieve full coverage of compliance and anti commercial

bribery training the Business Ethics and Code of Conduct internal control system. It has successively formulated and Tax Law and the Announcement on the Relevant Policies for

is included in the training and promotion of employees at implemented specialized policies such as the NOVOSENSE Deepening Value-Added Tax Reform proactively fulfilling our tax

Systematic all levels. In 2025 such trainings have been conducted including: 1 annual training on compliance and business Anti-Unfair Competition Management Policy the NOVOSENSE obligations adhering to tax laws and promptly declaring and implementation

of training ethics for all employees 5 specialized training sessions on Anti-Monopoly Compliance Management Measures and the paying all required taxes to the authorities. By actively supporting

programs compliance and anti-commercial bribery for new employees 1 workshop on building the Supply chain Sunshine NOVOSENSE Anti-Monopoly Compliance Manual clearly defining the implementation of national tax policies the company not

System training on anti-commercial bribery as part of the requirements for full-process management standardizing business only fulfills its role as a responsible corporate citizen but also

Management Turnaround Plan and special topics of the

company leadership summit. conduct and operational procedures and establishing a strong contributes to the sustainable development of the local economy

defense mechanism against monopoly and unfair competition and society.The official compliance account was officially launched from an institutional perspective.Ongoing To effectively manage tax risks the company has established in April 2025 focusing on core compliance issues such

operation of as anti-commercial bribery and anti-corruption anti- At the same time the company is strengthening compliance and a normalized tax risk management mechanism which includes

compliance unfair competition and trade secret protection. In 2025 a coordination across the entire industry chain. It has formulated the regular and ad hoc tax risk assessments. This enables the

communication total of 10 dedicated promotional articles were released

platform continuously reinforcing the compliance mindset of all NOVOSENSE Code of Business Conduct for Business Partners company to accurately identify and promptly address potential

employees. which clarifies the standards and behavioral requirements for tax-related risks. Furthermore the company strictly adheres to

compliance operations among business partners fostering relevant regulations by ensuring timely and accurate disclosure of

collaboration between upstream and downstream stakeholders. tax information thereby maintaining the legality standardization

From June to July 2025 the company conducted a special

survey on compliance awareness among all employees to Additionally the company has incorporated anti-monopoly and and transparency of the entire tax management process. The

Comprehensive evaluate the current state of compliance understanding anti-unfair competition requirements into the NOVOSENSE company remains committed to resolutely combating any form of

survey of within the organization. The survey aimed to accurately

compliance assess employees’ comprehension and implementation of Employee Manual defining employee behavior norms enhancing tax evasion.awareness key compliance requirements providing valuable data to compliance awareness and risk prevention consciousness

inform future improvements in the compliance system and among all staff and improving the company’s overall compliance

enhancements to promotional and training initiatives. management level. These measures effectively prevent various

In 2025 the company rigorously enforced its compliance types of unfair competition and mitigate risks related to anti-

management systems and implemented various promotional and monopoly compliance in business operations.developmental measures. The corporate culture of compliant In 2025 the company did not

and honest operations has been seamlessly integrated into daily In 2025 the company violate any laws or regulations

business practices. In 2025 we received no reports nor identified encountered no violations related to taxation. The tax

any cases involving bribery fraud or other violations of business related to anti-monopoly or management work was carried out

ethics such as commercial bribery or embezzlement. The effective unfair competition laws and

compliance management constructs a robust defense mechanism in a compliant and orderly manner.regulations.to support the company’s high-quality growth.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

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Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 18

ESG Governance

ESG Governance The company’s senior management is responsible for decision-making and monitoring related to the plans and actual results of the company’s sustainable development management to support the supervision of the Strategy and ESG Committee. Meanwhile

all departments branches and subsidiaries collaborate in promoting blueprint planning and operations concerning sustainability

The company has established a sound ESG governance management. This includes studying relevant policies refining internal systems establishing robust protocols conducting ESG

structure. To ensure ef fect ive implementat ion of i ts practices and gathering and assessing data. The company has established a normalized ESG communication and feedback

susta inable development strategy the company has mechanism actively listening to internal and external opinions and suggestions and effectively communicating and implementing

established a comprehensive three-tier ESG management measures and feedback in environmental social and governance providing a strong organizational framework to support the

system including board of directors who is responsible for advancement of the company’s sustainable development efforts.strategic decision-making senior management who oversees

its implementation and various departments and subsidiaries

executing and implementing specific initiatives. At the board

level the Strategy and ESG Committee serves as the central Board of Directors

governing and decision-making body for all ESG-related

matters. This committee is responsible for coordinating the

planning execution and oversight of the company’s ESG

strategy with core responsibilities as follows: Strategy and ESG Committee

Research and advise on the company’s long-

term development strategy and major investment

decisions.Board Human Technical Business Brand and

Guide the company’s strategic plans related to Secretary Operation Quality Resources and Innovation Process & IT Finance Marketing

Office Office Office

Administration Center Communication

sustainable development and ESG and supervise Center Center Center Center

the implementation of related work.Pay attention to ESG-related risks and opportunities

that may have a significant impact on the company’s To deepen the integration of ESG principles into its core business strategy and reinforce management accountability for long-term

bus iness and put fo rward cor respond ing sustainable growth the company incorporates key ESG metrics—such as customer satisfaction invention patent counts IP system

suggestions. development technology platform advancement R&D capacity enhancement supply chain optimization and organizational capability

Review the company’s annual ESG report. building—into senior executives’ compensation evaluations. By employing market-driven incentive mechanisms the company

motivates executives to focus on creating long-term value and embed sustainability into every aspect of corporate management and

operations.Supervise Planning & ExecutionA Closer Look at Devising Effective Strategies Putting People First Green Operations:

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Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 19

ESG Governance

ESG Goals

With the support of management to advance ESG initiatives Some of the goals are as follows:

the company has set systematic long-term ESG goals aligned

with business needs implemented annual review processes and Continue to build cultural values to help the company gain cultural drive and employee

regularly assessed progress. Based on these evaluations they

establish specific targets for the following year ensuring steady recognition for ESG

progress in ESG implementation. Make targeted continuous improvement based on employee satisfaction surveys

Human Resources and Continue to build systematic talent development programs and channels

Administration Center Integrate corporate knowledge resources and build a knowledge-based organization

Be responsible for publicity and implementation of anti-commercial bribery including 1

training for all employees 1 training for suppliers and 1 training for senior management

each year

Board Secretary Office Implement the anti-commercial bribery compliance management process

100% coverage of safety training

100% coverage of safety inspection

0 safety and environmental accidents throughout the year

Ensure capital investment for production safety

Operation Office Enhance cooperation with car use platforms and use new energy vehicle services to

continuously reduce carbon emissionsA Closer Look at Devising Effective Strategies Putting People First Green Operations:

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ESG Governance

ESG training and promotion

The company embeds ESG principles into every aspect of its operations and governance developing a multifaceted ESG training To address the sustainable development needs of the industry the

and communication framework that combines internal promotion and external outreach. This approach enhances employees’ company has committed to responsible marketing leveraging multiple

understanding and practical application of ESG effectively communicates the company’s commitment to sustainability and fosters a platforms to establish a structured ESG external communication

greener industry ecosystem through collaborative efforts. platform. Through diverse online and offline activities and innovative

media displays the company actively participates in industry

exchanges fostering the widespread adoption and collaborative

In December 2025 leveraging the ESG report initiative as a catalyst the company hosted a kickoff meeting for the ESG implementation of ESG concepts within the industry.working group and relevant departments. The meeting featured a dedicated 1-hour session for publicity and mobilization

aimed at clarifying ESG promotion expectations and assigning departmental responsibilities.Promotion within the company profile

NOVOSENSE has embedded ESG principles into its corporate profile

articulating the company’s ESG values and strategic direction to

In October 2025 the company organized a specialized exchange session involving key departments related to ESG focusing customers business partners and other key stakeholders through visually

on the core ESG issues pertinent to each functional area. Drawing from the company’s past ESG practices and industry best compelling presentations.practices the interactive discussion explored how relevant departments could integrate ESG considerations into their daily work

collate relevant materials and actions and gain a more specific and intuitive understanding of ESG. This exchange effectively Dedicated section on the official website

enhanced the level of attention and awareness toward environmental social and governance factors within the organization. The company has established a dedicated “Sustainable Development”

section on its official website. This platform showcases the company’s

ESG concepts strategic plans practical achievements and the latest

updates serving as a centralized hub for sharing ESG-related information

In June 2025 in celebration of World Environment Day the company organized a series of internal and external promotional and concepts with the public.activities centered around the concept of ESG. Externally the themed video titled “Xindong Earth | Green Subtraction ofNOVOSENSE” was released across multiple social media platforms showcasing the environmental value of our products Business communication

and effectively communicating our sustainability vision. Internally the company launched an ESG knowledge competition and In our online promotions we highlighted advancements in new energy

interactive offline activities engaging over 150 employees and significantly deepening their understanding and recognition of vehicle systems renewable energy solutions such as photovoltaics and

the company’s ESG achievements. other cutting-edge fields demonstrating how ESG concepts are deeply integrated into our core business. We showcased the practical pathways

through which the company supports sustainability through technological

innovation. Simultaneously we contribute to the development of industry

standards engaging in industry forums and sharing our ESG best

practices further driving the green and low-carbon transformation of the

industry through collaborative efforts and synergistic innovation.ESG promotion in the exhibition hall

We have established an innovative multimedia interactive display area in

our exhibition hall to showcase the application scenarios of our products in

new energy vehicles photovoltaic energy storage and other cutting-edge

fields visually demonstrating the tangible contributions of our products

in advancing green transportation renewable energy utilization energy

conservation and emissions reductions and strengthening stakeholders’

recognition of the company’s ESG values.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

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Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 21

ESG Governance

Communication with Stakeholders Stakeholder category Issues of concern Communication methods and the company’s responses Countermeasures

* Product quality management * Reporting and communication * Conduct roundtables and townhall

NOVOSENSE regards stakeholder communication as the * Product R&D and technology * Job evaluation and assessment meetings

cornerstone of sustainable development. By establishing a innovation * Symposiums * Conduct annual employee satisfaction * Occupational health and safety surveys

diversified and targeted multi-channel communication and Company employees * Organize diverse employee training

feedback mechanism NOVOSENSE collects and identifies programs

the demands of various stakeholders incorporates their ESG * Information security and * Daily communication * Adopt TQRDC management dimensionsprivacy protection * Special meetings * Conduct annual audits on key suppliers

concerns into the company’s strategic decisions and deepens * Business ethics * Supplier exchange meetings

the participation of various stakeholders in ESG management * Supply chain managementSuppliers

so as to enhance the company’s sustainability performance in a * Customer rights protection * Daily operation * Formulate the “Robust & Reliable” quality

targeted manner and effectively respond to the expectations of * Product quality management communication policy to ensure quality

various stakeholders. * Product R&D and technology * Professional service team/ * Conduct customer satisfaction surveys

Customers innovation sales team * Establish a sound complaint handling * Customer talks mechanism

During the reporting period we * Information security and * Release information to the * Conduct training on information security

also carried out various stakeholder privacy protection public media business ethics etc.communication activities such as * Business ethics * Organize media meetings * Participate in interviews talks and other * Product R&D and technology * Accept media interviews media activities

distributors conference supplier Media innovation

conferences and media summits * Economic performance * Performance roadshows/ * Conduct investor exchanges meetings

to enhance communication with * Product R&D and technology briefings roadshows etc.stakeholders. innovation * Investor research and * Regularly publish announcements and

Investors or shareholders * Product quality management communication disclose information truthfully accurately * Information disclosure and completely

* Clean energy and renewable * Industry association activities * Strengthen strategic cooperation

energy use * Daily communication * Conduct experience exchange

* Resource and energy * Information disclosure * Adhere to technology innovation etc.consumption management

Industry associations * Product R&D and technology innovation

* Risk control * On-site inspection * Conduct daily communication and

* Resource and energy * Project approval reporting

consumption management * Work report/meeting * Accept supervision and assessment

* Product R&D and technology discussion * Strengthen operational compliance

Government or supervisory innovation management

authorities

* Non-profit charity * Cultural exchange * Take an active part in community charity

* Employee care and rights * Information disclosure activities

* Response to climate change * Carry out multi-party cooperation to

Non-profit or community promote local employment

organizationsA Closer Look at Devising Effective Strategies Putting People First Green Operations:

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ESG Governance

Analysis of Material Issues

The company attaches importance to the identification and management of ESG issues. Based on To ensure that the issues are comprehensive pertinent and scientific the company adopts a

the characteristics of the industry and the actual needs of the company’s operation management combination of criteria benchmarking policy analysis and peer benchmarking and widely collects

we identified assessed and screened important sustainability issues systematically. In 2025 feedback from internal and external stakeholders. Based on the results of our research the

the company completed the updating and optimization of the ESG material issues database and company has completed a comprehensive categorization and rigorous validation process resulting

continued improving ESG issue management. in the development of a structured ESG material issues matrix which is fully detailed in this report.This matrix serves as a cornerstone for prioritizing and executing the company’s ESG initiatives

offering clear and actionable guidance for their advancement and successful implementation.Material Issue Analysis Process

Issue identification Scoring interval determination Stakeholder survey Setting threshold Forming conclusion

Make extensive reference to Identify and define the factors Extensively invite internal and Based on the company’s actual Compare the materiality score

industry leading practices and that influence the materiality external stakeholders of the circumstances and relevant of each topic derived from the

industry hotspots combined evaluation of ESG topics and company to participate in a in ternat iona l susta inab i l i t y survey with the established

feedback from stakeholders establish a scoring range of 1 survey aiming to assess the standards the threshold for threshold to reach the final

and externa l experts and to 5 points. likelihood scale and scope issue materiality has been set at conclusion of the issue materiality

studied sustainability standards of the impact of each issue. 3 points. evaluation.in China and international as Evaluate material issues fromwell as ESG rating indicators the perspectives of “financialin the capital market. We have m a t e r i a l i t y ” a n d “ i m p a c tidentified material issues that materiality” and assign scores

reflect the company’s impact to each issue based on these

on society environment and two dimensions.governance.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

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ESG Governance

The matrix categorized the materiality of issues into four tiers based on their financial materiality

Issue No. Issue Category Issue Financial Materiality Impact Materiality

and impact materiality as follows:

1 E Discharge of pollutants

2 E Disposal of waste ?

2 3 6 9 10 12 3 E Environmental compliance management ?

7 8 5 13 4 E Response to climate change

5 E Opportunities in clean technology ?

11 16 17 6 E Energy utilization ?

7 E Water usage ?

1819

8 E Circular economy ?

9 S Employees ? ?

10 S Supply chain security ? ?

11 S Data security and client privacy protection ?

12 S Safety and quality of products and services ? ?

13 S Innovation-driven ? ?

1414

14 S Rural revitalization

15 15 S Contribution to the community

16 G Due diligence ?

17 G Anti-commercial bribery and anti-corruption ?

18 G Anti-unfair competition ?

Material Highly Material

19 G Communication with stakeholders ?

Financial Materiality

In the future we will continue to pay attention to feedback from various stakeholders and update

the issue library and plan to expand the survey scale in addition to the original stakeholders

participating in material issue assessment when conditions are ripe. Our aim is to better understand

Environmental (E) Social (S) Governance (G) the demands of various stakeholders thereby supporting the adjustment of business management

strategies and the deepening of sustainable development efforts.Highly Material

Impact MaterialityA Closer Look at Devising Effective Strategies Putting People First Green Operations:

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Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 24

Information Security

Information and Privacy Security To mitigate risks related to information security we have taken the following steps:

We are committed to effectively protecting trade secrets and personal information of customers

and employees and strive to ensure information security in business activities and data Enabled the NOVOSENSE User Agreement (in Chinese and English) on the company’s

compliance. We strictly comply with the Cybersecurity Law of the People’s Republic of China the official website to ensure that user consent has been obtained prior to the collection

Data Security Law of the People’s Republic of China and other laws and regulations of the places of personal information and that the information collected is accurate complete and

where we operate and a series of internal management measures have been formulated. In 2025 comprehensive;

the company also formulated the new NOVNSENSE Information Security Management Committee

Operation Manual clarifying the information security management framework.The company has obtained the TISAX (Trusted Information

Secur i t y Assessment Exchange ) AL3 ce r t i f i ca t ion wh ich

marks that the company has reached an advanced level in the

industry in terms of data security protection and information

risk management thereby building a solid information security

defense for business operat ions and win-win cooperat ion.The NOVOSENSE Code of Business Conduct for Business Partners includes personal

information protection as a key requirement. By emphasizing supplier compliance and

promoting clear management practices we can enhance the governance of information

security within our value chain.During company operations customers or potential customers are required to provide certain

personal information (such as name email company/school) when registering or logging into the

official website. Additionally our business activities involve the personal information (including

name phone number and email) of customer or contract contacts which pertains to information

security and privacy protection.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

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Information Security

The company has developed the NOVOSENSE Employees are required to sign the NOVOSENSE

E m p l o y e e M a n u a l w h i c h i s s i g n e d b y Conf ident ia l i ty Commitment as par t o f the

a l l emp loyees spec i f i e s con f i den t i a l i t y onboarding process. The commitment defines the

requirements and IT management requirements scope of the company’s trade secrets including

including account and password protection documents materials meeting minutes letters

data and documents protect ion network plans and computer software owned by the

security protection customer privacy protection company materials of the company’s existing and

security incident reporting and security training. potential business partners and customer profiles

customer information customer lists and customer

contact information including in respect of both

the company’s existing and potential customers.It also defines the confidentiality obligations and

liabilities for breaches which are binding on all

Formulated a the NOVOSENSE Persona l employees.Information Protection Policy which includes

the NOVOSENSE Personal Information Impact Confidentiality obligations and breach of contract

Assessment Operations Guide clarified the obligations to be strictly performed by employees:

person responsible for personal information

protection specified the internal requirements 100% coverage

for the use of customers’ personal information

established purpose-based use limits and set

appropriate access rights established a deletion

mechanism for personal information to minimize

the storage time for personal information and

deleted or anonymized personal information that

exceeded the time limit.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

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Information Security

We have also released the NOVOSENSE Confidentiality Policy and the NOVOSENSE Detailed Rules for the

Implementation of the Confidentiality Policy which specify relevant requirements related to the information Promotion activities in Cybersecurity Featured event

classification system encryption system and review and approval system: Awareness Month

In September 2025 aligned with the objectives of the National CybersecurityWeek— “to strengthen societal awareness and protective skills in cybersecurity andsafeguard national cybersecurity”—the company elevated its Annual Cybersecurity

Awareness Week to a Cybersecurity Awareness Month. This initiative further reinforced

employees’ cybersecurity consciousness and bolstered the organization’s defenses

T h e c o m p a n y u s e s t h e When an employee uses As part of the employee The in format ion secur i ty against cyber threats.encryption system to encrypt a company computer al l d e p a r t u r e p r o c e s s w e department timely supervises

all internal sensitive information documents must be marked examine the outgoing file log a n d v e r i f i e s a b n o r m a l The campaign adopted a “weekly theme” approach leveraging the IT service deskand prevent data leakage. with a confidentiality level of the employee; and if any situations through regular to disseminate cybersecurity knowledge and utilizing the “internal informationThe outward transmission of with “Confidential” being the anomalies are identified the audits. communication platform” to facilitate interactive discussions among employees. Key

sensitive information requires lowest level; employee’s superior and HR topics for discussion included identifying phishing emails managing password security

the approval of the superior; are notified so that further adhering to data protection standards and mitigating risks associated with public Wi-

action can be taken; Fi usage. Through these efforts the program systematically enhanced employees’

cybersecurity awareness and practical protective skills thereby strengthening the

At the same time the company has established a robust information security system which includes the company’s information security defense mechanisms.NOVOSENSE Data Encryption Management Policy the NOVOSENSE Access Control Management Policy the

NOVOSENSE Information Assets Management Policy the NOVOSENSE Supplier Information Security Management

Policy the NOVOSENSE Compliance Obligation Management Policy and the NOVOSENSE Information Security

Review Policy. Together these policies form a comprehensive mechanism for preventing and controlling information

leaks. Additionally to address sudden information security incidents the company has developed the NOVOSENSE

Information Security Risk Management Policy the NOVOSENSE Information Security Incident Management Policy

and the NOVOSENSE Information Security Guideline. These documents clarify the risk response process and In 2025 the company

disposal criteria and enhance the company’s emergency response capabilities. experienced no breaches of customer privacy

The company prioritizes the development of information security awareness among all employees regularly or major information

conducting comprehensive training programs and practical exercises that cover the entire workforce. These initiatives security incidents.aim to continuously enhance employees’ awareness of information privacy and security. This year alone two major

information security awareness training sessions were held: a comprehensive security training in June and a network

security-focused session in September. Additionally the company provides information security training for new hires

ongoing awareness campaigns and multiple phishing email simulations ensuring full coverage of all employees.Putting People First and

Supporting Employee Growth

28 Our Employees

31 Employees’ Rights and Interests

36 Training and Career Development

39 Occupational Health and Safety

41 Social Welfare and Responsibility

NOVOSENSE adheres to the people-oriented philosophy

actively responds to the United Nations Sustainable

Development Goals 3 4 5 8 and 10. We recruit talents

extensively care for employees and are committed to

providing a safe and comfortable working environment

while building a career platform that promotes the

shared growth of both employees and the company.Our Actions :

● Emphasize employee diversity and ensure that every employee is treated equally

● Continuously optimize the compensation and benefits system to maintain industry

competitiveness attract and retain outstanding talents

● Conduct annual employee engagement and satisfaction surveys and take targeted measures

to improve areas in need of enhancement thereby continuously increasing employee

satisfaction

● Offer various training programs to help employees continuously improve their skills and

capabilities and support their career development

● Set an annual “zero-accident” goal to comprehensively ensure the occupational health and

safety of employeesA Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 28

Our Employees

Governance Strategy

The company strictly complies with relevant laws and regulations We strongly believe our people represent the most critical asset for achieving long-term sustainable growth. Therefore we have

such as the Labor Law of the People’s Republic of China the put in place open communication channels and robust internal frameworks through which we ensure the protection of employees’

Labor Contract Law of the People’s Republic of China the fundamental rights and interests. We periodically assess the current state of our talent pool and anticipate relevant talent trends

Work Safety Law of the People’s Republic of China the Law of to ensure our teams’ core competencies align with future business needs. By implementing a systematic talent strategy we are

the People’s Republic of China on the Prevention and Control committed to building a diverse and inclusive workplace. We continue to upskill our people so that they can adapt to new technologies

of Occupational Diseases and has formulated systems such and evolving work models. We provide equal career development and transition opportunities. In addition we continuously foster

as the NOVOSENSE Compensation Management System a safe and healthy work environment to elevate employee well-being and their sense of belonging. Our goal is to ensure that every

the NOVOSENSE Recruitment Management System the employee can realize self-value and grow personally and professionally along with the company.NOVOSENSE Management System for Safety Management

Organizations and Management Personnel the NOVOSENSE Analysis of employee-related risks and opportunities

Occupational Wellness Management System the NOVOSENSE

Fire Control Management System etc. During the reporting Type Risk/Opportunity description Probability of Impact on the Potential occurrence reporting entity financial impact Mitigation measuresperiod we updated the NOVOSENSE Training Management

System and newly established the NOVOSENSE Comprehensive Managing Inappropriate human resource Low Medium and Increased E s t a b l i s h a n a p p r o p r i a t e

Performance Management System. risks incentive and restraint systems long term operating compensat ion and benef i ts

along with inadequate management costs framework that ensures accurate

In 2025 we have won the trust and support of our employees of key-position personnel may payroll calculations and processing

through practical actions and gained external recognition: lead to talent loss low operational and that can effectively motivate efficiency or the leakage of key emp loyees and a l ign w i th

technical know-how trade secrets corporate strategic development

2025 Top Human Resources 2025 Top Human Resources and national security information. goals.

Management Awards Management Awards

(Top Employer) (Best Training Practice) Operating A diverse equitable and inclusive High Medium and Decreased P u t i n p l a c e d i v e r s i f i e d

opportunities work environment contributes to long term operating employee care programs and

improved employee well-being costs an attract ive compensation

and a strengthened sense of and benef i ts f ramework to

belonging thereby fully unleashing continuously improve employee

talent potential and innovation satisfaction.vitality.We have developed corresponding management approaches to address the employee-related risks and opportunities outlined above.For further details refer to the subsequent sections of this chapter.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 29

Our Employees

Impact Risk and Opportunity Metrics and Targets

Management

By the end of the reporting period NOVOSENSE had a total of 1345 employees as follows:

We integrate the identification and assessment of employee-

related potential risks and opportunities into our daily operations.For each identified issue we develop specific mitigation and

control measures which are designed to enhance our overall Gender Age Location

employee management system and further stimulate the vitality of

talent for the company’s sustainable growth.We identify employee-related potential risks in 2025 2025 2025

Risk various areas including employee rights protection Male 882 Female 463 <30 419 30-40 696 China 1320 Overseas 25

identification employee career deve lopment and human resources compliance management and evaluate 40-50 217 >50 13

how these risks would impact the company. 2024 2024 2024

Male 770 Female 402 <30 402 30-40 608 China 1155 Overseas 17

We assess and assign a response priority level 40-50 158 >50 4

Risk to each identified risk. These assessment results

assessment serve as the basis for formulating mitigation

measures and risk management plans.Employment

Type Education

The Human Resources Department works with

Response the relevant responsible departments to develop

measures a specific response plan according to the specific

response priority level. 2025 2025

R&D personnel Non-R&D Doctor’s Degree Master’s Degree

22580

On a regular basis the Human Resources Department 655 personnel 690 Bachelor’s Degree 567 Others 176

Risk works with the relevant responsible departments to 2024 2024

monitoring conduct reviews and tests of the implementation of human resources-related controls to verify whether R&D personnel Non-R&D

Doctor’s Degree Master’s Degree

19458

the planned responses are operating effectively. 560 personnel 612 Bachelor’s Degree 505 Others 190A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 30

Our Employees

Employee Recruitment Employee Resignation

We are committed to the principles of open recruitment fair competition and merit-based We uphold the legal rights and interests of former employees during the resignation process

selection. The NOVOSENSE Employee Handbook explicitly prohibits discrimination based on ensuring all steps are lawful and compliant. Furthermore we maintain an open attitude towards

ethnicity race skin color religion gender age or disability to ensure equitable treatment for all rehiring former employees and make sure that they know they are welcome to rejoin NOVOSENSE

candidates throughout the hiring process. Our recruitment procedures and selection criteria are in the future.guided by annual staffing plans and hiring strategies across departments maintaining consistency

and transparency. In 2025 the turnover rate of NOVOSENSE employees was 13.61% which is lower than the industry

average.Through multiple public channels – including our official WeChat account corporate website and

recruitment platforms – we disseminate job information using accessible and non-discriminatory

language. This ensures clarity understandability and inclusivity in all job postings. Additionally

NOVOSENSE provides training to interviewers emphasizing adherence to the principles of 2025 2024

“compliance fairness qualification-based entry and mutual choice” in recruitment. In alignment

with our global business strategy we expanded our talent acquisition efforts to multiple countries Male 13.95% /

during the reporting period successfully hiring employees from Japan South Korea Germany

France Italy and the United States. We believe that team members from different backgrounds By gender

bring different perspectives and ideas that can enhance the creativity and performance of the team. Female 12.96% /

In 2025 37% of new hires joined through employee referrals. Competitive compensation benefits China 13.64% 9.96%

and robust career development opportunities not only elevate employee satisfaction but also By region

motivate existing staff to recommend outstanding talents. 17% of new hires originated from campus Overseas 12.00% 5.88%

recruitment reflecting our strong appeal to universities and our commitment to nurturing young talent.

83% of new hires came from social recruitment underscoring the attractiveness of our company’s value <40 13.99% 9.80%

proposition and career opportunities to high-caliber professionals in the broader market. By age

>4011.74%10.49%

New hires in 2025

37% employee 17% c ampus 83% social

referrals recruitment recruitmentA Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 31

Employees’ Rights and Interests

Protecting Employees’ Rights and

Interests Prohibition of Child Labor and Forced Labor Comprehensive Performance Management

We explicitly prohibit the employment of minors. We utilize In 2025 we rev ised the NOVOSENSE Comprehens ive

NOVOSENSE upholds a people-centric approach safeguarding professional recruitment platforms requiring all applicants to Performance Management System. By setting clear performance

the rights and interests of employees and fostering a conducive truthfully input their age information into the system prior to goals implementing timely and effective process management

work culture. In strict compliance with relevant local laws and onboarding. The system includes a minor age reminder function and ensuring fair and impartial evaluations we have advanced

regulations including the Labor Law of the People’s Republic and the backend allows verification of applicants’ age data to performance management through a PDCA (Plan-Do-Check-

of China the Labor Contract Law of the People’s Republic prevent child labor at the source. The NOVOSENSE Employee Act) closed-loop cycle. Our performance management cycle

of China the Law of the People’s Republic of China on the Handbook provides channels for reporting child labor-related aligns with the natural calendar year during which employees

Protection of Minors and the Law of the People’s Republic issues including suggestions complaints or grievances work with their manager to align goals and develop action plans

of China on Trade Unions we have put in place a safe and to line managers/department heads or Human Resources. regularly communicate their progress and conduct periodic

healthy working environment and an appropriate recruitment We have also established an “Employee Voice” mailbox for reviews to drive a closed-loop of continuous improvement.and remuneration policy. We respect the rights of all employees communication offering anonymous reporting options to fully We have launched a leadership empowerment program to

and offer them competitive compensation and welfare benefits. protect employee rights. Relevant responsible departments equip managers with performance management tools. To

Through these actions we aim to build trust and support from or individuals are required to respond to reports within seven ensure transparent communication during annual performance

employees and foster harmonious stable labor relations. working days conduct investigations and follow-ups and evaluations the company specifically organizes performance

provide conclusions and feedback. communication sessions for managers and employees before

annual performance reviews. Through a multi-level evaluation

Employment Contract Signing We ensure all employees receive appropriate protection and and coordination process involving employees managers senior

benefits and we strictly prohibit the use of unqualified workers executives and the CEO we ensure the relative fairness and

We ensure that 100% of our employees are provided with labor as well as forced or compulsory labor. We have put in place objectivity of the evaluations. If employees have objections to

or service contracts that comply with regulatory standards robust policies and processes to manage and supervise our their performance results they can appeal through appropriate

explicitly stating their positions working hours labor protections recruitment training and working conditions including regular channels with the Human Resources and Administration Center

and compensation details. We are fully committed to protecting reviews compliance reporting and the receiving and addressing taking the lead in communication and feedback.the legal rights and interests of every employee. of complaints. This guarantees our employees are treated with

respect and fairness.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 32

Employees’ Rights and Interests

Compensation and Benefits Human-centric Management Employee Communication

In accordance with national laws and regulations as well as local NOVOSENSE embraces a human-centric management approach To communicate with employees we have built seamless

requirements in regions where we operate we have established that harmonizes standard and flexible working hours. Under communication channels through diversif ied engagement

the NOVOSENSE Compensation Management System. We aim the standard working hours framework employees have the activities enabling us to gain a timely understanding of employee

to establish a fair and appropriate compensation system linking flexibility to adjust their schedules with the approval of their needs while strengthening cohesion. Our work-in-progress

employee remuneration to the company’s financial performance Line managers. Additionally we offer VPN solution to facilitate employee communication framework consists of three strategic

and their contribution. This is to ensure fairness and to enhance employees’ work remotely or from home thereby improving components:

our talent attraction motivation and retention. We ensure that work efficiency and quality of life.our compensation policy is fair and reasonable competitive Top-down communicat ion: Regular town

cost-effective and able to effectively motivate our employees. In hall meetings and direct executive-employee

compliance with national and local labor laws and regulations engagement sessions.we provide statutory benefits such as social insurance housing Labor Union Activities I n te ract i ve engagement : Themat ic

provident funds and paid annual leave. Beyond statutory roundtable discussions and technical

requirements we offer market-competit ive supplementary NOVOSENSE actively listens to employee feedback and is knowledge-sharing salons.benefits including paid welfare leave supplementary commercial committed to safeguarding employee rights while driving

insurance team-building funds holiday greetings gifts and sustainable corporate development. To this end we have

Bottom-up feedback: Enterpr ise-wide

employee birthday allowance. established a labor union with 100% employee membership.digital platform for internal communication

CEO mailbox etc.In 2025 we revised the NOVOSENSE Attendance and Leave Through the union the company ensures employee voices are

Management System to further standardize our national public heard and we promote initiatives that enhance our people’s

holiday and company-provided additional annual leave policy. welfare and professional growth. The labor union regularly

We offer flexible work hours to help employees achieve a healthy organizes team-building activities cultural celebrations and

work-life balance. In accordance with national policies we offer health programs among other initiatives with the goal of

female employees maternity and breastfeeding leave as well as enriching employees’ work-life experience and boosting their job

providing paternity and childcare leave for all employees. satisfaction and sense of belonging.For our international employees we have establ ished a

dedicated Global Operations Task Force to systematically collect

and respond employee feedback from overseas locations.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 33

Employees’ Rights and Interests

Annual Employee Engagement and Satisfaction Surveys Employee Shareholding

We conduct annual employee engagement and satisfaction surveys to gauge our staff’s overall NOVOSENSE has fully implemented employee shareholding plans to motivate staff and align

perception of the company engagement levels and satisfaction with various aspects such as the their personal growth with the company’s corporate development goals. Prior to our listing on

work environment compensation growth opportunities and promotions. Additionally this survey China’s A-share market we set up three employee stock ownership plans: NOVOSENSE No. 1

serves as a platform for employees to voice their ideas and suggestions. NOVOSENSE No. 2 and NOVOSENSE No. 3 enabling our people to directly participate in the

company’s growth. After listing the company launched two equity incentive plans to further align

Survey results are disclosed across the company in the following year to ensure that all employees employee and corporate interests. These initiatives have engendered greater enthusiasm and

understand our overall engagement and satisfaction levels as well as improvement plans. creativity among employees while fostering shared growth.

2025 Employee Satisfaction Survey Results In 2025 our employee shareholding was as follows:

Since the company’s listing in 2022

In 2025 employee engagement and satisfaction survey employees participated a total of 8 million restricted

enthusiastically (91.4 % of active employees participated in the survey). 2 employee restricted voting incentives voting shares

In this al l-employee survey we used the engagement dimensions (motivation have been implemented

achievement vitality loyalty identification and satisfaction) to understand employees’

attitudes toward the organization and work and used the satisfaction dimensions (good

leadership good direction good work good culture and good return) to identify the

factors that drive employee engagement located problems and understood the root granting shares to employees; representing

causes. The survey result showed an engagement score of 88.0 and a satisfaction score

of 87.5. With the collaboration of heads from various departments we formulated targeted 507 person/times on 4.92% of the

improvement initiatives and periodic review plans to ensure continuous progress.a cumulative basis total share capital

Active staff participation: Engagement score: Satisfaction score:

91.4% 88.0 87.5A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 34

Employees’ Rights and Interests

Employee Activities

At NOVOSENSE we integrate employee care into our daily operations.We have put in place diverse inclusive employee activities and welfare

initiatives. We work to foster a warm and inclusive corporate atmosphere

to bring an enhanced sense of belonging and well-being for employees

and aim to build a sustainable ecosystem for mutual growth between the

company and our workforce.Festive Care and Daily Welfare

We have designed a comprehensive employee welfare system around

festive and daily scenarios ensuring care extends to employees across

regions and roles while strengthening value alignment between employees

and the organization.International Women’s Day Craft Activities: On 7 March 2025 our

Suzhou Shanghai and Shenzhen offices jointly hosted craft workshops

for female employees delivering festive gifts as well as immersive

experiences to celebrate the occasion.Traditional Festival Welfare: For Dragon Boat Festival we distributed

customized camping gift boxes to encourage employees to connect with

nature and balance work and life; for Mid-Autumn Festival we provided

mooncakes and personalized RUI XIANG cards (pre-paid gift card)

preserving traditional customs while offering flexible options to meet

diverse preferences and enhance employee satisfaction.Themed Afternoon Teas: We have introduced monthly themed afternoon

teas across offices since 2025 covering festivals like Lantern Festival

and Halloween as well as creative sessions such as ice cream DIY and

childhood snack sharing. These events are designed to create equal

cross-departmental interaction opportunities breaking down barriers and

increasing bonding within the organization.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 35

Employees’ Rights and Interests

Cultural Sports and Health Initiatives Family Care and Cross-Cultural Engagement

To prioritize employees’ physical and mental health we have launched diverse cultural sports and We foster family care and cross-cultural engagement. To this end we have created diverse

health initiatives designed to help reduce occupational health risks by encouraging employees to interactive platforms designed to enhance cohesion and collaboration within or across teams by

maintain a healthy lifestyle and support their holistic development. eliminating misunderstandings or misconceptions and to drive diversity within the organization.

30-Day Workout Challenge: Interest clubs: Department-level team building:

Featured event

In May 2025 we launched the In July 2025 we opened interest standing practice of Family Day Event

“Lose Weight Gain Health” clubs for badminton basketball providing each department In August 2025 we organized a Family Day event in our

workout challenge mobilizing photography and board games. with discretionary team-and motivat ing employees These clubs allow employees from Suzhou and Shanghai offices themed “NOVOSENSE Family building funds recognizingto cultivate regular workout different departments to engage in Day: Together Towards a Better Future”. Using this initiative and respecting the diverse

habits. non-work-related activities based needs of our employees we extended our care for employees beyond the workplace.on shared interests and provide an strengthening team trust Our Family Day activities included a flea market interactive

extra way for them to strike a better through self-organized games and the “Chip Classroom” session which all

work-life balance for enhanced activities. together provided an extra opportunity for our employees to

workplace well-being. bond and spend some quality time with their families and for

their families to experience and appreciate their hard work

We have maintained a long- and our corporate values. This initiative vividly reflected our

commitment to encourage “decent work” and “work-lifebalance” under ESG principles.Our Global Culture Exploration Program Featured event

Our annual sports games Featured event

In July 2025 we launched a “Global Culture Exploration Program” inviting our overseas

In early June 2025 we held a two-day sports event in Shanghai. More than just games employees to share videos or photos that capture local authentic cityscapes and culinary

this initiative showcased our commitment to employee well-being and team cohesion. By traditions. This initiative serves as a cross-cultural bridge bringing to life the richness of

increasing physical and mental health awareness and collaboration the event underlined our global cultures and dissolving cultural misconceptions. By promoting cultural understanding

unwavering focus on staff welfare and wellness. Also by integrating inclusion and diversity and integration within our global workforce the program exemplifies our ESG commitments

in our design of the activities including fun ball games we further strengthened employee on diversity and inclusion.cohesion and their sense of belonging.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 36

Training and Career Development

Employee Training

To upskill our employees and achieve sustainability over the long term we continue to improve our employee training

and development mechanism. Through standardized and systematic training programs we provide every employee Launch of our e-learning platform Featured event

with equal access to high-quality learning and development opportunities at NOVOSENSE. NOVOSENSE Academy

During the reporting period we updated and implemented the NOVOSENSE Training Management System On Apri l 23 2025 our e-learning platform NOVOSENSE

designed to further establish training requirements at the corporate and department levels and in key business Academy was officially launched as a strategic initiative to

areas highlighting the importance of training planning and maintaining consistency and sustainability in training empower our employees throughout their career development at

program design. Our talent development framework consists of three pillars: Leadership Professional Competence NOVOSENSE. With this digital learning platform we encourage

and General Knowledge and Skills. These training programs cover all employees by using a combination of online self-learning knowledge sharing and interactive collaboration. To

and offline methods. Employees are encouraged to take and complete training courses in accordance with their job reward participants with points and credits commensurate with

requirements and business lines. This approach ensures equal access to learning and development opportunities for their engagement levels we have developed the NOVOSENSE

all staff. Academy Management Guidelines.For new hires in China and overseas we continue to expand our training scope with updated training topics and

improved course design. We use a combination of e-learning courses and in-person training sessions to cover a

variety of topics including general information about NOVOSENSE and NOVOSENSE’s corporate culture quality

management compliance & risk control requirements and IT systems among others. These training initiatives are

designed to help employees understand our operational frameworks and compliance requirements and develop their

accountability and risk awareness. To accumulate and pass on our expertise and experience we leverage activities

such as tech salons as part of our structured approach to transferring professional expertise and experience. We aim

to gradually establish a knowledge-sharing mechanism that supports the co-construction of employee capabilities

and the enhancement of organizational learning ability.Through our continuous capability-building efforts and effective learning platforms we have not only equipped our

employees with enhanced skills and resilience but also strengthened our learning agility as an organization. This

ensures a stable supply of talent for us to maintain robust and compliant operations and value creation over the long

term.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 37

Training and Career Development

To identify and develop internal trainers the company invites

knowledgeable and experienced colleagues to share their 2025 2024

expertise. This approach helps transform tacit knowledge into Percentage of Average training Percentage of Average training

explicit knowledge and organizes existing explicit knowledge employees trained duration/hours employees trained duration/hours

driving the development of a robust knowledge management

mechanism and support the building of a learning organization. By gender

Furthermore we organize diverse knowledge-sharing activities to

foster a more positive and open sharing culture. Male 100% 25.67 100% 28

Training Implementation:

Female 100% 27.43 100% 29

Aims to enable the company to better extract and

disseminate the professional knowledge of the By job grade

members of the organization enhance the knowledge

value of the organization put into practice the culturalvalue of "Keep Learning” and provide employees Senior 100% 33.20 100% 24

with more opportunit ies for self-cult ivat ion and management

development so as to achieve win-win results for

the company and employees. In 2025 the number Middle 100% 15.83 100% 36

of internal trainers increased to 216 and the internal management

training provided covered nearly 7177 participants. Other 100% 25.49 100% 27

Knowledge Sharing: employees

Aims to promote the accumulation sharing and

dissemination of knowledge and experience within During the reporting period NOVOSENSE These efforts significantly

the company stimulate the enthusiasm and passion

of employees to actively share realize the integration invested nearly

achieving 100% enhanced employees’

of interna l resources and the improvement of employee coverage professional skills and

human efficiency create a better learning-oriented CNY4 million in employee training

organizational atmosphere and establish incentive capabilities boosting

measures. 356 the company’s overall holding sessions with 24.60 hours competitiveness.of training on average per

employeeA Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 38

Training and Career Development

Employee Development Career development paths:

For employees who aspire to specialize in a technical field NOVOSENSE provides systematic training and development opportunities to help them enhance

their professional technical capabilities. We encourage employees to become experts in their fields through continuous learning and practice. We have

A robust talent pipeline is essential to our business operations established and released key frameworks including the Career Ladder Criteria Benchmark Job Competency Criteria Technical Expert Qualification Criteria

and sustainability over the long term. By meeting training needs Professional along with the clarification of authorities responsibilities and benefits. These criteria aim to better guide employees in deepening their technical expertise

from individuals in different roles and in different career stages track and achieving sustainable career growth. Notably the Benchmark Job Competency Criteria now apply to 65% of our workforce. Additionally the first-round evaluation of the NOVOSENSE Technical Committee members has been successfully completed and ongoing technical seminars continue to be held to foster

we continue to enhance our competency-based training and knowledge sharing.development mechanism and systematically train and develop For employees who aspire to move into management roles NOVOSENSE offers leadership programs to help managers adapt to their roles and improve their

individuals in key roles and key capabilities. management and leadership skills. By taking various training courses and gaining practical experience managers can more effectively lead their teams andManagement promote the achievement of the company’s strategic goals. We have further refined and clarified our “selection appointment development retention andWe have establ ished a dual- t rack career deve lopment track exit” policies and processes for managers. Building on existing frameworks we have systematically defined the mission responsibilities and competency requirements for managers. We have strengthened our transition programs for new managers the XIN KONG program for experienced managers and the

system integrating management and professional pathways Advanced Management Program. Additionally we successfully hosted our First NOVOSENSE Leadership Conference.supplemented by a horizontal development mechanism to

Lateral For employees who aim to broaden their career horizons NOVOSENSE offers internal job transfer and internal recruitment enabling employees to gain provide employees with transparent diverse and sustainable

rotation broader experience through different roles and expand their career paths. Such cross-departmental collaboration not only enhances employees’ overall skills career guidance. but also strengthens teamwork across different teams.Career Development Paths Regarding career development and promotion we have established a robust selection and development mechanism centered on job

competency work performance and business needs. Within the relevant policy frameworks we carefully consider the employees’ own career

aspirations to provide eligible staff with opportunities for expanded responsibilities and career growth. This mechanism helps ensure fairness

and compliance with the established procedures supporting the orderly development and sustainable growth of our talent pipeline.For Campus hire: to facilitate the transition of new graduates from academic to professional environments we have implemented

XIN HUO a phased development approach integrating structured training with job-based practice. This is to prepare them for their job

Program professionally help them quickly adapt to the new environment and support them in further understanding adapting to and improving

in their roles. During the reporting period 46 recent graduates participated in the XIN HUO program.For key business personnel: we focus on the three key competency indicators – goal planning critical thinking and problem-solving.XIN SHI Through mid-to-long-term integrated training programs that combine theoretical development with practical application we aim to

program build foundational capabilities and strengthen our critical talent pipeline. During the reporting period 35 participants successfully

completed the first cohort of this systematic development initiative.XIN KONG For frontline managers: we have put in place systematic training on management knowledge and practical application which

Program are designed to support frontline managers in clarifying their roles and responsibilities and improve their business execution and

management skills. During the reporting period 24 frontline managers participated in the XIN KONG program.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 39

Occupational Health and Safety

At NOVOSENSE we place a high priority on employees’ health and safety and we continue to We maintain a rigorous commitment to occupational health and safety. Annually we engage

strengthen our safety policies and practices to foster a secure and healthy work environment. Based an independent third-party to conduct occupational hazard testing and evaluation in our

on the Work Safety Law of the People’s Republic of China the Law of the People’s Republic of China laboratories with all test results meeting regulatory standards. In addition our EHS department

on the Prevention and Control of Occupational Diseases and other relevant laws and regulations performs annual environmental health and safety risk identification and assessment with

of the places where we operate we have formulated the NOVOSENSE Management System for outcomes consistently indicating low risk levels. Based on various risk categories the company

Safety Management Organizations and Management Personnel the NOVOSENSE Occupational implements preventive and emergency preparedness from perspectives including equipment

Health Management System and the NOVOSENSE Fire Control Management System by drawing safety and management controls.on management concepts and methods from leading global practices. During the reporting period

we introduced the NOVOSENSE Hazardous Chemicals Safety Management System to standardize

our practices and establish required procedures for the purchase transportation loading/unloading In 2025 we maintained an impeccable

storage usage and disposal of hazardous chemicals. We have established a production safety safety record with no safety violations

committee and clearly defined the production safety responsibilities of departments and personnel at employee injuries or occupational

all levels. In accordance with the NOVOSENSE Production Safety Meeting Management System we disease incidents reported. No fatal

hold at least a production safety-related meeting every quarter ensuring the steadily advancing safety workplace accidents occurred in 2025

management work. or during the preceding three years

demonstrating the effectiveness of

CEO our safety controls and our sustained

commitment to operational excellence.CTO COO Operation Quality Central Board

Office Office Office Office Functions Secretary Office

EHS

Organization Chart of NOVOSENSE’s Safety CommitteeA Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 40

Occupational Health and Safety

Production Safety Training Occupational Health Management

and Radiation Protection

We continue to improve our safety culture further enhance safety awareness through employee training and regularly carry out safety

awareness and safety capability training in multiple dimensions around the occupational health and safety management system. We

want to ensure that employees understand the necessary production safety knowledge improve employees’ safety literacy and safety At NOVOSENSE the primary occupational health hazard is

awareness enhance employees’ attention to production safety and create a strong production safety atmosphere. ionizing radiation in respect of X-ray positions. To address this issue we have established a multi-tiered protection system that

covers annual safety inspections and declarations for radiation

Throughout the year we systematically conducted safety training programs covering multiple key areas including specialized chemical equipment; portable radiation detectors in work areas with

handling electrical safety radiation protection personal protective equipment (PPE) general safety knowledge and fire safety. We regular environmental hazard monitoring; strict pre-employment

installed Automated External Defibrillators (AEDs) in key office areas and engaged external professional firms to deliver specialized AED on-the-job and post-employment health checks; and requirements

training. Training topics include cardiopulmonary resuscitation (CPR) essentials hands-on practical skills and the proper use of AED for all staff who may reach X-ray to wear personal radiation dosimeters to track cumulat ive exposure in real t ime. By

devices. These initiatives have further enhanced employees’ safety awareness and emergency response skills effectively managing compliance in respect of equipment dynamic

Featured event environmental monitoring and individual protection we have Our fire safety drill in 2025 achieved zero cases of occupational radiation diseases for three

consecutive years.On November 25 2025 to reinforce our safety management system and enhance employees’

emergency response skills in fire incidents we conducted a comprehensive fire safety drill. The At NOVOSENSE we place a high priority on employee feedback regarding health and safety in the workplace. We regularly collect

exercise comprised the orderly evacuation of staff to designated safe zones rapid assembly employee input through proactive engagement including soliciting

at pre-determined gathering points and demonstration of the proper use of fire extinguishers. 案案 assessments on the availability and usability of personal protective

Post-drill analysis identified several improvement opportunities which were immediately addressed equipment (PPE). The EHS Department oversees the distribution of

through targeted action plans. PPE while the Quality Department conducts cross-verification to

ensure compliance with relevant usage and storage requirements

thereby safeguarding employee safety.NOVOSENSE’s production safety data in 2025: We are committed to supporting the physical and mental health

of every employee. To this end we have integrated a range of

mental health and stress management courses into our training

Safety costs Safety training Safety Drills platform designed to raise awareness and equip employees with

tools to regulate their psychological well-being. We have also put

in place diverse activities and resources – including sports events

449400 25 Total number 8 fitness classes family days and interest clubs – to help employees CNY Organ ized of participants: Organized types of alleviate stress demonstrating our tangible commitment to

t ra in ing sess ions safety drills throughout employee care.throughout the year 1118 the yearA Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 41

Social Welfare and Responsibility

NOVOSENSE keeps fulfilling corporate social responsibility while

developing rapidly and growing in scale. We actively participate Agricultural assistance activity – purchase of charity oranges Featured event

in community charity activities in the places where we operate

give back to society through donations agricultural assistance In early December 2025 NOVOSENSE launched a third

and other behaviors and str ive to promote harmonious agricultural assistance activity – purchasing charity oranges

integration between the company and the community and from fruit farmers with disabilities and distributing them to. The

achieve common development of the company and the amount reached CNY78000. This warm initiative supported

community. disabled fruit farmers conveyed the company’s care for

employees and customers and also fulfilled the company’s

social responsibility.NOVOSENSE donated to Featured eventthe “SMIC Liver TransplantProgram for Children”

In September 2025

NOVOSENSE donated

CNY100000 to the Acts of kindness – extending care at welfare institutions Featured event

China Soong Ching Ling

Foundation under the“SMIC Liver Transplant On May 29 2025 NOVOSENSE donated supplies worthProgram for Children” to CNY9500 to underprivileged children at the Renai School

help teenage liver patients in Suzhou Industrial Park Jiangsu Province China. These

from poverty-stricken children include orphans those with serious illnesses or

families nationwide receive disabilities and those from low-income families. The donation

medical operations. not only brought warmth to the children but also raised

awareness among labor union members about disadvantaged

groups.NOVOSENSE firmly believes that the company’s growth is deeply rooted in societal support and trust. In the future we will continue to actively promote social causes encourage our employees to engage

in charitable activities and support these efforts through practical action.Creating and

Sharing Extraordinary Value

43 Technology Innovation

48 Quality Management

52 Supply Chain Management

NOVOSENSE act ively responds to the United Nat ions

Sustainable Development Goals 7 9 11 and 17 committed

to ensuring superior quality through technological innovation

and becoming a reliable partner in the global industrial supply

chain. The company consistently upholds its core values of

“Robust Reliable Keep Learning Persist in Long-term Value”

focusing on R&D and innovation. With the mission of "Sense

& Drive the Future: Build a Green Smart and ConnectedWorld with Semiconductors” NOVOSENSE aims to make

contributions to sustainable development.Our Actions :

● Continue to pursue sustainable businesses with the company’s automotive

electronics renewable energy and power and industrial automation businesses

accounting for over 80%

● Further expand the R&D team with about 50% of the company’s employees from

the R&D department

● Cooperate with a number of colleges and universities focusing on joint training of

talents while promoting industry-university-research cooperation

● Through technological innovation the company ensures superior quality and

becomes a reliable partner in the global industrial supply chain

● Enhance the resilience of the supply chain and further ensure business continuity

and customer trustA Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 43

Technology Innovation

Focusing on client applications NOVOSENSE continues to

develop competitive chip products and has established strong Governance

technical barriers across multiple fields including sensors (e.g.magnetic pressure temperature and humidity sensors) signal At NOVOSENSE we firmly believe in the importance of managing and protecting intellectual property

chains (e.g. isolators interfaces and universal signal chains) rights. To this end the company has developed several internal policies including the NOVOSENSE

power management (e.g. drivers power path protectors and Intellectual Property Management Policy which provides detailed regulations on patent management

high-side/low-side switches) as well as MCU and MCU+ series. trademark management integrated circuit layout design management computer software copyright

At the same time we attach importance to the building of basic management intellectual property search management intellectual property agency management

R&D capabilities including core IP accumulation functional and other related matters. The company has implemented a standardized patent evaluation

safety development capability process development capability mechanism defined clear patent review and evaluation criteria and centralized patent management

and product engineering capability forming the R&D base of through an online system to ensure the efficiency and quality of patent applications. Additionally

NOVOSENSE. In addition we encourage innovation especially employees are required to adhere to relevant laws and regulations on intellectual property as well as

around customer applications and strives to provide greater value the company’s internal intellectual property rules ensuring legal and compliant practices in research

to customers through new products technologies and processes. and development production sales and other areas.In terms of the research and development system we have put in place comprehensive and robust R&D systems and processes:

TR1-Project Initiation TR1A-Planning TR2-Design TR3-Introduction TR4-Pilot Production

Requirement Project

Research Initiation Planning Design Introduction

Pilot Mass

Production Production Maintain

PSD0 PSD1 PSD1A PSD3 PSD4 PSD5

Review Review Review Review Review Review

Note: Technical Review TR Product Status Document PSD.NOVOSENSE’s R&D processesA Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 44

Technology Innovation

Strategy

Sustained innovation serves as a cornerstone for fostering long-term partnerships and trust with business partners and other

stakeholders. It is also a crucial enabler for maintaining technological competitiveness and driving the company’s long-term

development. By consistently investing in R&D nurturing talent and building strategic business networks the company fosters the

accumulation of technical expertise and optimizes its product portfolios. This approach drives the evolution of products and solutions

toward higher efficiency and intelligence ultimately ensuring the steady advancement of our innovation initiatives.Analysis of risks and opportunities related to innovation

Type Risk/Opportunity Risk Impact Potential description Probability cycle financial impact Response measures

Intellectual The company ho lds a Low Short to Decrease in * Conduct intel lectual property

property risks substantial portfol io of medium operating training.patents posing a risk of term income * Establish a monitoring mechanism

Intellectual Property Compliance unauthorized use of its for intellectual property infringement

Management System Certification intellectual property during using big data technology to

business operations. monitor infringement behavior in the

market in real time and take timely

To foster R&D innovation we have implemented a comprehensive legal measures.incentive mechanism centered on intellectual property rights. This

mechanism rewards research and development teams that achieve Technical risks Technical talent shortage Low Short to Decrease in * Protect the rights and interests of

innovative outcomes through a standardized and transparent and loss. medium operating employees.system. By doing so it strengthens the innovation drive among term income * Expand recruitment channels.R&D personnel enhances the cohesion of key technical talent

and accelerates the delivery of high-quality research outputs and Market Technological breakthroughs Medium Medium Increase in * Adopt cutting-edge technologies

patents. Ultimately this framework provides a robust foundation for opportunities catalyze the transformation term operating and innovat ive management

sustaining long-term innovation. of industries toward more income models; continuously promote advanced and intelligent green development concepts for

In 2025 the company obtained the Enterprise Intellectual growth. industrial upgrades.Property Compliance Management System Requirements (GB/T

29490-2023) certification. The company has developed relevant management methods for the risks and opportunities related to innovative research and

development described as below.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 45

Technology Innovation

Management of impacts risks and opportunities

The company embeds its innovative R&D risk management

process into the broader internal risk management framework. Drawing on macroeconomic trends industry developments and internal R&D data we conduct a

Aligned with the unique characteristics of R&D innovation we Risk thorough assessment of all facets of R&D operations. Spanning the entire lifecycle of R&D projects

have developed tailored identification methods and evaluation identification – from initiation and advancement to final delivery and acceptance – we methodically identify and

approaches. Through targeted regular risk assessments we categorize potential risks such as technical feasibility risk.identify potential risks and establish comprehensive management

processes including identification and evaluation prioritization

monitoring and mitigation as well as continuous integration and

adaptation. These measures enable us to implement effective We categorize and prioritize risks based on their likelihood of occurrence and potential impact. Risks Risk

risk management throughout the R&D lifecycle. assessment that pose a significant negative impact on R&D projects and have a high probability of occurring are

promptly escalated.We implement intellectual property protection measures and conduct specialized training programs

Response

measures and strengthen the conversion and output of intellectual property achievements from innovation

projects. We develop tailored strategies for risks at different response levels.We assess and manage risks while tracking their development the implementation of mitigation efforts

Risk

monitoring and new factors impacting outcomes to ensure continuous monitoring. We periodically assess the

effectiveness of risk response measures and make necessary adjustments.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 46

Technology Innovation

Metrics and objectives

We continue to strengthen the output and conversion of intellectual property achievements from In 2025 NOVOSENSE invested

innovation projects. For the core project focusing on target market positioning product functional

characteristics and application scenarios the company actively engages in patent mining and

implements strategic IP portfolio development to strengthen the protection of R&D innovations. It CNY795 million in the field of R&D

also establishes annual patent filing targets and systematically advances patent application efforts and innovation.aligned with business needs.As of the end of 2025 the company and its subsidiaries had accumulated 511 intellectual property

rights in total. During the reporting period the company filed 110 intellectual property applications

including 59 invention patent applications and acquired 92 intellectual property rights including 40 The company conducts annual training related to

invention patents during the year. intellectual property protection with a total of 8

sessions in 2025 totaling 8 hours covering all R&D

personnel. The training content covers the general

New in the current year Cumulative process of patent applications the writing of patent

Number of Number of Number of Number of application documents patent infringement/analysis

applications acquisitions applications acquisitions and retrieval AI empowers research development

Invention patents 59 40 304 163 and innovation usage requirements and r isk warnings for registered trademarks etc.Utility model patents 18 17 111 91

Design Patent / / 1 1 Intellectual Property Training on Full Analysis of Patent Featured event

Application and Infringement Responses

Software copyrights / / 37 38

On August 15 2025 the company conducted a specialized intellectual property rights

Integrated Circuit 21 27 213 206 training session centered on key topics such as infringement detection infringement analysis Layout-Design and risk mitigation strategies. Utilizing case studies technical features comparisons and

Overseas Intellectual 12 8 54 12 interpretations of relevant legal frameworks the company methodically identified critical Property Rights aspects of patent applications and infringement risk management. This effort was aimed at

Total 110 92 720 511 enhancing employees’ expertise in identifying and preventing patent-related risks.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 47

Technology Innovation

Collaborative innovation

In addition we have also been actively engaging in research projects on other platforms. Through

During the reporting period the company entered into strategic collaborations with key industry in-depth collaboration with academic institutes and industry peers we have demonstrated our

partners within priority application domains focusing on developing innovative solutions tailored to strong innovation capabilities and growth potential.real-world applications with the aim of expanding our technological boundaries and injecting new NOVOSENSE attended the Workshop on IC Advances in China (ICAC) 2024 and 2025

momentum into the industry’s sustainable and high-quality development.The Workshop on IC Advances in China (ICAC) is committed to

NOVOSENSE collaborates with UAES and Innoscience to develop Featured event fostering a premier platform for technical collaboration among

an innovative approach for new energy vehicle power electronics academic and industry professionals in the field of integrated

On September 29 2025 NOVOSENSE UAES and Innoscience officially signed a strategic circuit design in China. This year’s ICAC is jointly organized

cooperation agreement. The collaboration focuses on advancing the power electronics by Fudan University the University of Macau the University of

systems for new energy vehicles with a particular emphasis on the joint development of Electronic Science and Technology of China Tsinghua University

intelligent and integrated gallium nitride (GaN)-related products. Leveraging accumulated and Southeast University.third-party technology the newly developed intelligent GaN product aims to deliver more

reliable driver and GaN protection integrated solutions thereby enhancing system power

density. Additionally the three parties will collaborate to promote the industrialization of NOVOSENSE attends the 19th Annual Meeting of Deans (Department Heads) of School of

these solutions contributing to the sustainable development and value enhancement of the Electronic Information of Chinese Universities in 2025 and the Second National Forum on

new energy vehicle industry. the Construction of Electronic Information Disciplines in Higher Education Institutions

The Annual Meeting of Deans (Department Heads) of School of Electronic

Information of Chinese Universities was initiated by the Chinese Institute

of Electronics. This year’s session was jointly organized by the National

Committee for the Construction of Electronic Information Disciplines in

Higher Education Institutions under the Chinese Institute of Electronics and

the Department of Electronic Engineering at Tsinghua University.NOVOSENSE collaborates with Eetree to launch the 7th WeDesign Chip Design Competition

WeDesign organized by Eetree is an activity

aimed at fostering collaborative design and shared

experiences. Its purpose is to bring together

enthusiasts to engage in the chip design process

participate in chip verification and uncover the

intricacies of chip technology.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 48

Quality Management

Governance

NOVOSENSE strictly complies with laws and regulations

including the Product Quality Law of the People’s Republic of

China and the Consumer Rights and Interests Protection Law

of the People’s Republic of China as well as relevant national

standards. We consistently priorit ize product quality and

reliability adhering to high standards and stringent requirements.The company upholds the quality management philosophy of

"quality starts from design and runs through the entire product

life cycle" establishing a scientific and systematic Total Quality

Management. By strengthening organizational capabilities and

promoting IT integration of process systems we ensure the

effective implementation and execution of the system. By the

end of the reporting period the company had obtained a series

of reliable and trustworthy system certifications. Since 2015 NOVOSENSE In 2025 NOVOSENSE was Since 2022 NOVOSENSE

has obtained and granted the ISO 26262 ASIL D Reliability Assurance and

maintained the ISO Defined-Practiced certification by Failure Analysis Center

9001:2015 Quality TüV Rheinland for its functional has obtained laboratory

Management System safety management system accreditation certification.Certification. demonstrating that the company’s

functional safety system has

reached the highest international

standards with mature practical

capabilities. Simultaneously the

high-safety automotive-grade chips

have passed the highest-level ASIL

D certification.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 49

Quality Management

Strategy

The company has established a “R&R” quality policy centered on Robust & Reliable laying a solid foundation for

continuously delivering high-quality products and services. The company has always considered the quality of its products R&R PolicyRobust Reliable

and services as a key manifestation of its core competitiveness. Through our comprehensive quality management system Robust & ReliableProvide high-quality products To become a trusted partner

we guarantee excellence throughout every aspect of the entire product and service life cycle spanning from research and and service earning recognition throughout the industry chainfrom customers and trust from and business processes.development design to manufacturing and extending to after-sales service. colleagues.NOVOSENSE’s Robust & Reliable quality policy

Analysis of quality-related risks and opportunities

Type Risk/Opportunity description Probability of Impact Potential Response measures

occurrence cycle financial impact

Market risks * Customers increasingly prefer products * Medium * Short to * Decrease in * Increase R&D investment optimize product design to gradually reduce product energy

wi th lower carbon emiss ions and m e d i u m operating consumption and enhance market competitiveness.reduced power consumption. If the term income * Continuously monitor market trends and stay innovative.company fa i l s to meet cus tomer * In terms of customer service the company optimizes the after-sales service process and

expectat ions in areas l ike energy introduces the ITR management mechanism significantly improving response speed and

conservation and emission reduction it customer satisfaction.may face the risk of customer attrition.Product risks * Product risks caused by low product * Low * Short to * Decrease in * The company focuses on strengthening internal quality management capabilities continuously

quality and low pass rates m e d i u m operating improving the relevant training system and increasing investment in quality management training.term income In 2025 we organized a total of 37 quality-related training courses with a total of 138 hours.* We have established a complete internal mechanism in the business processes of R&D

manufacturing and sales to ensure the product qualification rate.Market * Market opportunities brought by the * High * Short to * Increase in * Accelerate product iteration speed improve product performance and energy efficiency ratio.opportunities trend of automotive intelligence. m e d i u m operating

term income

The company has developed relevant management methods for the quality-related risks and opportunities described as below.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 50

Quality Management

Management of impacts risks and opportunities

The company integrates quality management requirements into During the reporting period we carried out a customer satisfaction survey on all fronts covering major customer groups.daily operations and business management processes identifying By combining quantitative and qualitative analysis we evaluate the level of customer satisfaction in areas including product

and assessing quality-related risks and opportunities based on performance service quality technical support and response efficiency. The survey results successfully met the goals

product characteristics and business operations. It establishes established last year with an overall score improvement compared to 2024. This demonstrates strong customer recognition

corresponding control and improvement mechanisms to drive the of the company’s comprehensive capabilities.continuous enhancement of the quality management system and

ensure the consistent improvement of product and service quality. To continuously improve customer satisfaction the company has taken multiple targeted measures:

Identify comprehensively potential internal and external risks

Risk in every stage including but not limited to product design Enhanced Enhanced mechanisms technical support Product upgrades

Customized

identification and development testing and maintenance storage and services

transportation and after-sales service.Strengthen the collaboration Investing in technical Optimizing product Providing tailored solutions

between Field Application support resources to design based on and exclusive support that

Risk Set different response levels for the identified risks based Engineer (FAE) and the sales provide more accurate customer feedback as deeply fit the practical

assessment on their likelihood of occurrence and degree of impact. team so that customer solutions especially for well as introducing new business operation

demands and issues are major problems such technologies to enhance contexts of specific

Focus on building a quality culture and conduct regular communicated to the right as application failure to product stability and customers.internal audits. Strengthen quality management training to personnel and resolved improve on-site problem reliability;

Response improve the professional capabilities of employees in quality faster to significantly shorten resolution rates;

measures management. The company optimizes the after-sales service response time;

process. Introduce the ITR management mechanism to

improve response speeds and customer satisfaction.Departments responsible for product quality shall conduct

regular inspections and tests to monitor the execution of Through these targeted measures we transform customer voice into the driving force for service and product iteration. In this

Risk quality control processes. They shall verify the effectiveness way we are able to continue to build trust and stickiness among our customers.monitoring of control measures through methods such as walkthrough

testing and on-site observation and continuously optimize

product quality risk management processes.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 51

Quality Management

Customer complaint handling mechanism

The company always attaches great importance to the handling and improvement of customer complaints and regards them as an important source of feedback for optimizing product and service

quality. We systematically gather customer feedback and opinions across multiple channels including regular customer visits e-mail and customer service hotlines that are available 24/7. In addition

the company manages customer complaints using a closed-loop approach under which we receive investigate and resolve complaints and then identify improvement opportunities. Every customer

complaint is thoroughly tracked and addressed with timely updates provided on the resolution. Additionally we have established a Product Safety Conformity Representative (PSCR) role dedicated to

overseeing automotive product compliance and conformity. Due to our continuous efforts we have achieved impressive results in handling customer complaints in recent years:

The company introduced an intelligent customer complaint data analysis system which

enables escalation of customer complaints where appropriate and real-time analysis

of trends helping us accurately identify and resolve common issues in products or

services.We optimized resources and our organizational structure which has significantly

reduced our response time and improved customer satisfaction. In addition for certain

key complaints we have increased our resources and efforts to ensure that the core

demands of customers are completely resolved.During the reporting period there was no recall of the sold products due to safety and health

concerns.Going forward NOVOSENSE will continue to integrate intelligence and insightful predictability into

its customer complaint management system transforming customer voice into the cornerstone for

product innovation and service quality enhancement.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 52

Supply Chain Management

Governance Analysis of risks and opportunities related to supply chain management

The company strictly adheres to relevant laws and regulations Type Risk/Opportunity Probability of description occurrence Impact cycle

Potential Response measures

including the Bidding Law of the People’s Republic of China and has financial impact

established a comprehensive set of policies such as the NOVOSENSE

Procurement Control Procedure the NOVOSENSE Supplier Quarterly Policy and legal Supply chain disruption caused Medium Medium Increased * Continuously promote supply chain

Performance Evaluation Form the NOVOSENSE Supplier Review risks by external factors such as term operating costs localization and actively carry out

Plan the NOVOSENSE Business Continuity Management Procedure geopolitical tensions. diversified procurement.the NOVOSENSE Hazardous Substance Management and Control * Achieve technological autonomy

Procedure and the NOVOSENSE Environmental Protection Protocol. increase research and development

These measures are designed to strengthen supplier management and investment and enhance

foster a long-term mutually beneficial partnership with them. Relying on independent innovation capabilities.an objective and quantifiable supplier management system the company * Closely monitor global developments

coordinates procurement quality technological innovation legal affairs continuously adapt our supply chain

safety and environmental protection departments to jointly conduct emergency response plans to ensure

comprehensive evaluations of sustainable development dimensions timely and effective adjustments.including technology quality responsiveness delivery time business Market risks Given the high concentration Medium Medium Increased * Establ ish a diversi f ied suppl ier

and pricing as well as business ethics environmental safety social of suppliers and the scarcity term operating costs strategy to reduce reliance on a

responsibility and occupational wellness. This ensures the sustainability o f cer ta in products i f the single supplier.of the supply chain and involves quarterly tracking and evaluation of company fa i l s to ma in ta in * Establ ish long-term and c lose

core suppliers fostering long-term partnerships. Committed to the stable cooperative relationships partnerships with existing suppliers.principles of fairness impartiality and openness we rigorously assess with certain suppliers it may

and evaluate supplier qualifications to build a robust and comprehensive adversely affect the company’s

supplier management system encompassing the admission evaluation operations.risk management and exit of suppliers. In 2025 the company updated

the NOVOSENSE Supplier Management System to further refine Management risks Improper supplier selection Low Short term Increased * Implement full-process oversight

management requirements for suppliers at different tiers and continuously unsuitable procurement methods operating costs of procurement activities adhere

enhance the quality and performance of the supply chain. unscientific bidding or pricing to established review and approval

mechanisms and inadequate procedures ensure timely execution

Strategy author izat ion and approva l of procurement activities guarantee processes may result in high compliance and operational efficiency

costs poor quality of purchased in procurement operations and

The supply chain is a core component of a company’s daily operations. products and exposure to support the seamless operation of the

We are committed to practicing responsible production practices and fraudulent or unethical practices. company’s core business activities.building a sustainable supply chain system. By deepening supply chain

management strengthening quality and safety control and promoting Opportunities Establish long-term strategic High Long term Reduced * Continuously improve the

environmental approaches we strive to build a diversified supplier base. partnerships with suppliers to operating costs localization rate of supply chains.At the same time we continue to drive a low-carbon transformation of overcome the l imitat ions of

our supply chain to adapt to changing market and social needs. This the global supply chain and

strategy aims to ensure the efficiency and reliability of the supply chain enhance localization rates.while reflecting our firm commitment to responsible and sustainable

operations. The company has developed relevant management methods for the risks and opportunities related to supply chain management

described as below.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

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Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 53

Supply Chain Management

Management of impacts risks The company has established the NOVOSENSE Business Continuity Management (BCM) Procedures and the NOVOSENSE Business Impact Analysis (BIA) Management Procedures. It conducts Incident Management Planning (IMP) and Risk System Assessments at

and opportunities least once every six months developing business continuity strategies to address situations that may cause supply interruptions and

ensuring production continuity. In 2025 the BCM risk assessment for core suppliers fell within the low-risk range and the company

continued to drive supplier improvement through quarterly supplier ratings.The company embeds supply chain management requirements

into daily operations and business processes continuously In terms of supply chain risk management we have taken measures to reduce relevant business risks including the following:

identifies and assesses risks and opportunities related to the

supply chain based on supplier types and business process * We have entered into long-term cooperation agreements with strategic suppliers of production materials while controlling the

characteristics enhances control and fosters collaborative sources of raw materials to ensure they are in stable supply and of reliable quality.management of critical processes and bolsters the stability and

overall resilience of supply chain operations. * In response to national localization strategies we have continued to advance supply chain localization moved such efforts

upstream to Tier-2 materials and implemented comprehensive localization assessments and refined management.Risk identification

Regularly identify potential risks in the selection procurement * In 2025 the company launched a new digital supply chain management initiative developing a comprehensive automated

transportation warehousing and production processes of procurement reporting system implementing a robust pricing framework and ensuring seamless integration between the SRM

suppliers of raw materials and finished products. system and IPD research and development processes. Additionally the project focused on optimizing information exchange and enabling real-time queries.Risk assessment

Conduct a comprehensive assessment of external risks of Metrics and objectives

the supply chain such as fluctuations in raw material prices

bankruptcies of suppliers and logistics disruptions. Local suppliers are a key consideration for establishing collaboration fostering technological progress lowering procurement costs

Response measures and minimizing carbon emissions from transportation. As of the end of the reporting period the company has a total of 1358

suppliers with more than 70% of its raw materials from local suppliers effectively reducing transportation carbon emissions improving

Based on the results of risk assessment a detailed emergency plan supply chain efficiency and resilience and assisting local economic development and employment.is to be developed covering the reporting assessment decision-

making execution and recovery of supply chain disruption events In 2025 the company achieved a 100% coverage ratio for its supplier audits. Furthermore the company also achieved a 100%

as well as specific resource allocation strategies. coverage ratio for customer-requested audits focusing on various OEM processes and systems. By the end of the reporting period

100% of the company’s Tier A core suppliers had obtained internationally recognized certifications including ISO 9001 ISO 14001

Risk monitoring and ISO 45001.Establish an effective monitoring system to collect key data in

real time. Conduct annual reviews and implement continuous The company views supply chain management as a critical foundation for ensuring business continuity maintaining product quality

monitoring of supply chain operations through on-site inspections and driving sustainable development. To achieve this the company constantly refines its full-life-cycle supply chain management

of product logistics and warehousing locations enabling timely mechanism encompassing supplier admission performance evaluation supervision and review and exit management. These efforts

identification of potential issues. are aimed at fostering a responsible supply chain ecosystem.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 54

Supply Chain Management

Supplier admission management

The company implements a multi-dimensional evaluation mechanism during the supplier admission process. This mechanism During the admission process we implement a structured

considers five key evaluation elements: technical capability quality level response efficiency delivery capability and cost performance. evaluation framework and conduct a comprehensive review

Additionally the company integrates ESG standards and safety management requirements into its systematic admission evaluation process including expert assessments to evaluate suppliers

and continuous management practices for production-type suppliers. across critical dimensions such as technical capability quality

management business continuity and operational compliance.This rigorous approach ensures that suppliers demonstrate

TQRDC We adopt TQRDC (Technology Quality Response Delivery and Cost) as the criteria for evaluating

stable performance capabilities and a solid foundation for

suppliers in procurement. Through admission considerations for production suppliers we conduct sustainable operations.Evaluation comprehensive scoring every quarter to ensure their performance in key dimensions meets the

Criteria requirements. To further enhance supplier management the company employs

standardized assessment tools including the NOVOSENSE

Techn ica l Assessment Form the NOVOSENSE Qua l i ty

System Assessment Form the NOVOSENSE Quality Process

Assessment Form and the NOVOSENSE BCM Audit Form to

identify potential risks and conduct targeted communication

ESG Compliant suppliers are considered in terms of ESG (Environmental Social and Governance) to with suppl iers. This process faci l i tates the conf irmation

Dimension ensure sustainability and social responsibility in the supply chain. and rectification of identified issues ensuring closed-loop

management to address all concerns. Only after completing this

thorough resolution process can suppliers be formally admitted

into the qualified supplier system.Security During the supplier admission process security is another important aspect we consider when

evaluating suppliers including cybersecurity information security and employee safety. This

Consideration dimension is considered to secure the entire supply chain at all levels.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

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Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 55

Supply Chain Management

Supplier evaluation and Supplier ESG management Conflict minerals

incentives

In the process of supplier admission and routine As a ch ip company we keep t r ack i ng the For suppliers potentially involved in conflict minerals

management the company places increasing international community’s views and development we promptly conduct an investigation to verify their

For core suppliers the company conducts a quarterly emphasis on integrating ESG-related considerations trends on confl ict minerals. The company has compliance with the Democratic Republic of Congo

performance evaluation based on the NOVOSENSE into its decision-making processes. Key aspects of developed the NOVOSENSE Hazardous Substance (DRC)’s conflict-free metals requirements. Where

Supplier Quarterly Performance Evaluation Form. Environment Health and Safety as well as quality Control Procedure to standardize the compliance applicable suppliers are required to perform due

A cross-functional assessment team comprising management systems have been incorporated into process for conflict minerals management. This diligence and annual country-of-origin investigations

representatives from procurement technological the NOVOSENSE Supplier System Assessment Form p rocedure c la r i f i es i n te rna l governance and into the source and chain of custody of conflict

innovation quality external manufacturing EHS ensuring that the evaluation scope encompasses supply chain management requirements through minerals and other minerals including cobalt.and other departments evaluates suppliers across critical areas such as environmental protection fire establishing corresponding data management and These investigations must adhere to nationally or

four key dimensions: quality delivery collaboration safety production safety hazardous substance reporting mechanisms. These measures enable the internationally recognized due diligence frameworks.and ESG performance. Based on the comprehensive management employee training and secondary identification and disclosure of conflict mineral risks Suppliers must provide the necessary information

evaluation results the company implements tiered supplier management. This approach supports within the supply chain ensuring transparency and using the Confl ict Minerals Reporting Template

management of suppl iers foster ing st rateg ic the identification of supplier compliance levels and accountability. The company actively collaborates (CMRT) or Cobalt Reporting Template (CRT) available

cooperation and recognizing top performers. This potential ESG risks. with customers to complete relevant information on the RBA official website. If required they should

approach aims to continuously improve supplier dec la ra t ions and cont inuous ly enhances the also submit a Conflict Minerals Declaration.capabil it ies align with the company’s vision of In the pract ice of suppl ier management the transparency of its supply chain.sustainable operations and build a responsible company conducts periodic audits and evaluations In addition we conduct annual surveys of refineries/

supply chain that drives collaborative progress. tailored to the category and risk characteristics of The company’s existing suppliers have conducted smelters to verify whether they remain on the RMI

individual suppliers. To monitor ESG performance investigations with reference to the Conflict Minerals qualified smelter list.c o m p r e h e n s i v e l y t h e c o m p a n y e m p l o y s a Report (CMT) and have followed the process to

combination of three-year periodic assessments and determine whether the investigation results meet the In 2025 the company required core suppliers to

annual evaluations creating a robust framework for conflict-free metal requirements of the Democratic declare minerals using the CMRT form achieving a

ongoing oversight. Republic of the Congo. 100% coverage rate for core supplier declarations.Based on this year’s investigation results the

Additionally the company has established specialized Investigation results and measures: company did not identify any supplier involved in

agreements including the NOVOSENSE Confidentiality the use of conflict minerals during the supply chain

Agreement the NOVOSENSE Quality Agreement and * If conflict minerals are not involved the audit investigation.the NOVOSENSE Environmental Protection Protocol result is PASS;

to integrate environmental quality and compliance The company will continue to monitor international

requirements into the supplier management framework. * If conflict minerals are involved a new source of regulat ions and regulatory developments and

These measures promote the gradual implementation minerals must be selected and effective evidence further enhance conflict mineral management and

of supply chain responsibilities and requirements. o f improvement and prevent ive measures informat ion d isc losure mechanisms based on

Furthermore the company has implemented a supplier must be provided in order to comply with the business realities and maintain close cooperation

exit mechanism and corresponding processes to requirements for conflict-free metals. with suppliers customers and industry organizations

ensure the continuous optimization of the supplier to jointly and continuously promote implementation

structure. Notably in 2025 the company did not of responsible mineral procurement practices.terminate cooperation with any supplier due to ESG-

related issues.Green Operations: Working

Together to Build a Green Future

57 Environmental Management

58 Energy Conservation and Emissions Reductions

61 Raw Material Usage

62 Responding to Climate Change

Based on green and sustainable business NOVOSENSE

actively responds to the United Nations Sustainable

Development Goals 6 7 11 and 13 adheres to the green

and low-carbon development approach continuously

improves the efficiency of energy resource utilization

while striving for innovation and development and keeps

inspiring new ideas for low-carbon operations based on

operating practices.Our Actions :

● Launch green products to empower customers with green options and jointly achieve the green

development targets

● Gradually reduce carbon emissions and prioritize the use of new energy vehicles in cooperation with car

use platforms minimizing carbon emissions during operations

● Gradually increase the use of renewable energy such as PV to optimize the energy structure

● Enhance employees’ environmental protection awareness and create an atmosphere of environmental

protection within the companyA Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 57

Environmental Management

NOVOSENSE strictly abides by the Environmental Protection

Law of the People’s Republic of China the Energy Conservation

Law of the People’s Republic of China and other applicable

laws and regulations of the places where it operates. We have

established and updated systems such as the NOVOSENSE By the end of the reporting period NOVOSENSE has been certified

Energy Resource Management Control Procedure to regulate with ISO 14001 Environmental

the use of energy and resources continuously strengthen the Management Systems.publicity and implementation of environmental protection related

contents such as green office and green mobility and strive to

build ourself into a resource-saving and environment-friendly

company in order to enable the coordinated and sustainable

development of human beings resources and the environment.Environmental Policy

Comply with laws Comply with nat ional laws and

and regulations: regulations as well as industry and

local environmental policies

Prevention of Establish environmental awareness

pollution: among all employees and improve

the ability to prevent and control

pollution accidents

ISO 14001 Certification

Energy saving Use energy resources rationally and

and consumption effectively reduce waste and adopt

reduction: environmentally friendly products

Continuous Implement effective improvement

improvement: measures for problems that need

to be rectified and continuously

improve environmental performanceA Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 58

Energy Conservation and Emissions Reductions

Energy and Resource Management Energy-saving practices in the Featured project

modular server room

Energy Consumption

In 2025 the company’s modular server room was officially

put into operation. Compared to a traditional server

The company’s energy consumption primarily comes from its offices R&D facilities and IT infrastructure operations. With a continuous room under equivalent loads it reduced annual electricity

focus on energy use efficiency the company advanced the standardization and refinement of its energy management through a consumption by approximately 247800 kWh during actual

combination of system development and technological measures. operation. The solution adopts a modular standardized

design that balances flexible scalability with operational

reliabil ity. It integrates energy-saving technology and

Comprehensive energy Overall energy an intel l igent management system enabling remote

NOVOSENSE’s Power consumption Diesel (liter) consumption (tons of consumption intensity monitoring and energy efficiency management of the

energy consumption (kWh) standard coal)3 (tons of standard coal per million CNY revenue) server room’s operational status. Furthermore the pre-assembly construction method significantly shortened

2025 14.00 18958959.00 2331.10 0.69 the construction cycle and enhanced the construction

efficiency. The server room features a compact structure

2024 0 12702719.00 1561.16 0.80 and incorporates energy-saving devices such as a DC

variable frequency compressor and EC fans achieving

annual energy savings of around 50%.

3 The comprehensive energy consumption refers to the General Rules for Calculation of the Comprehensive Energy Consumption (GB/T 2589-2020) issued by the State

Administration for Market Regulation and the National Standardization Administration of the People’s Republic of China. In 2025 the company added new equipment

resulting in an overall increase in energy consumption.Intelligent office air Featured project

Amid profound shifts in the global energy landscape the company is actively exploring viable pathways to enhance energy efficiency. conditioning management

It has gradually adopted smart management solutions while assessing the potential of clean energy. Building on these efforts it has

deployed distributed PV projects and other clean energy initiatives achieving 100% power self-using. In daily operations the company The company has implemented a smart air conditioning

is continuously improving energy efficiency by constructing a modular server room implementing intelligent control of air conditioning control system across its primary office spaces. This

systems and optimizing equipment maintenance. system central ly controls cool ing temperatures and

operating schedules dynamically adjusting settings based

on seasonal changes holiday arrangements and other

factors. By balancing workplace comfort requirements with

energy conservation this approach significantly reduces

unnecessary energy consumption and delivers tangible

environmental benefits throughout the workspace.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 59

Energy Conservation and Emissions Reductions

Water Resource Management Pollutant Management

The company’s daily operations involve water use mainly for office purposes with no process We strictly abide by the Law of the People’s Republic of China on the Prevention and Control of

water required for design or R&D activities. Accordingly its water resource management focuses Environmental Pollution by Solid Waste and other laws regulations and standards on environmental

on standardized practices and conservation efforts. Specific requirements are outlined in the protection and pollution prevention of the places where we operate. During the reporting period

NOVOSENSE Energy Resource Management Control Procedure. the company updated the NOVOSENSE Environmental and Energy Management System further

clarifying management requirements for exhaust gas monitoring and hazardous waste disposal.In 2025 water consumption data figures were as follows: Pollutants are now classified and managed in strict compliance with regulations to minimize potential

environmental impacts and enhance resource recycling.Total water Tons of water withdrawal

withdrawal/ton per million CNY revenue 2025 2024

2025 10703.00 3.18 Waste gas (m3) 3305.1 3792.6

2024 8724.00 4.45 Among them hydrogen chloride/ton 0.01 0

Among them total non-methane

hydrocarbons/ton 0.02 0.006The company regards “ foster ing water conservat ionawareness” as a key approach for advancing water resource Hazardous waste (ton)4 8.87 2.36

management. Through a combination of internal campaigns

and daily management practices it encourages employees to General industrial solid waste (ton) 101.93 57.5

develop water-saving habits. Daily inspections and monthly

audits are conducted on major water facilities to prevent Among them Recyclable waste (ton) 81.00 18.9

non-essential losses such as pipeline leaks. Fixed assets are

being upgraded to reduce water waste with sensor-activated

Water conservation slogan During the reporting period no incidents occurred where the company was subject to faucets and water-saving toilets being progressively installed environmental penalties.in sanitary areas. Additionally the company has replaced

traditional bottled water dispensers with direct drinking water

systems in office areas. Regular maintenance – including filter

cartridge replacements and water quality testing – is entrusted

4

to suppliers to enhance the standardization and safety of Production capacity increases in 2025 and some electronic products reach their service life for unified

drinking water management. disposal.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 60

Energy Conservation and Emissions Reductions

Green Office Initiatives Waste Management

Based on workplace scenarios the company continuously The company attaches great importance to the standardized management of waste and strengthens corresponding management

promotes green office practices. By integrating policy guidance efforts through a series of measures. This includes clarifying the responsibilities of relevant departments and implementing classified

into daily management it reduces resource consumption and collection and compliant disposal of both office waste and domestic waste.environmental impact through measures such as:

Primarily consists of domestic waste generated from office activities. Recyclables such as discarded cartons

Promoting double-sided printing and establishing a are uniformly recycled and processed by third-party vendors.Non-hazardous waste

“reused paper” recycling area in printing zones

Advancing paperless operations by leveraging the

OA system and digital reimbursement processes to Mainly derived from chemicals used in the Quality Chemistry Laboratory. Such hazardous waste is disposed of

minimize paper documentation by qualified parties and filed with the government’s online reporting system.Hazardous waste

Supporting remote collaboration via teleconferencing

and video conferencing systems thereby reducing

business travel and associated resource usage Assets such as photocopiers are leased and related consumables are uniformly recycled and processed by

Office equipment the lessor.Posting green office and energy-saving slogans to and consumables

enhance employee environmental awareness

Waste Gas Management

Promoting electricity-saving initiatives and adopting

energy-efficient office equipment and materials

NOVOSENSE’s Shanghai and Suzhou offices are the main office areas and do not involve waste gas emissions. Exhaust gases are

mainly generated from processes such as baking and experimental testing within our Quality Laboratory. The company has installed

exhaust gas treatment facilities such as activated carbon adsorption equipment and ventilation hoods to centrally treat the relevant

exhaust gas and effectively reduce fugitive emissions. Additionally the company annually engages certified third-party agencies to test

the treated emissions. Results consistently confirm that discharge concentrations meet all applicable regulations and standards.Wastewater Management

Wastewater primarily comprising office and domestic sources is discharged into municipal sewage pipelines as required by local

environmental protection authorities. Wastewater testing is conducted annually.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 61

Raw Material Usage

Hazardous Substances Management Use of Packaging Materials

The company places high importance on product compliance To align with the company’s environmental protection objectives In terms of product packaging management the company

and environmental risk management. It has formulated the product characteristics applicable laws and regulations and optimizes packaging design and material specification regarding

NOVOSENSE Hazardous Substances Management and the customer requirements the company regularly updates its internal areas such as packaging material quality resource utilization

NOVOSENSE Contro l Procedure and the Env i ronmenta l environmental standards. It also establishes and maintains and production efficiency. Through implementing standardized

Compliance Agreement to regulate hazardous substances internal control standards such as the NOVOSENSE Hazardous communication and collaborative improvements with suppliers

in internal operations and raw material procurement. These Substances Control List and communicates these requirements the company reduces redundant packaging while ensuring

documents clearly define the management scope threshold to the supply chain through established systems and channels. product requirements are met thereby promoting efficient

standards and applicable customer and regulatory requirements resource use.for hazardous substances. These mechanisms prevent materials In terms of capacity building the company provides trainings

and components containing hazardous substances from entering on hazardous substances management at least annually for

our products thereby reducing their potential impact on the employees involved in hazardous substance reviews and supplier

environment and human health. audits. These trainings cover management processes legal and

regulatory updates and key customer requirements. Additionally

The company complies with the EU Restriction of Hazardous procurement personnel receive training on basic knowledge

Substances (ROHS) Directive and REACH Regulation including of hazardous substances at least once a year to ensure

all applicable annexes and amendments to ensure its products effective implementation of hazardous substances management

meet these green regulatory standards. requirements.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 62

Responding to Climate Change

Strategy

As the world transitions towards green low-carbon development

climate change has become a critical issue shaping industrial Type Climate-related risks and Impact Potential Response measures

growth models and the long-term viability of businesses. As a business impacts cycle financial impact

chip design company NOVOSENSE not only focuses on its own

operational energy consumption and emissions management

but also prioritizes delivering energy efficiency benefits through Sudden ex t reme wea the r even ts such as * Strengthen early warning and risk prevention rainstorms and typhoons may trigger a series of for extreme weather events continuously

its products. In the R&D process the company emphasizes key risks such as production suspension and reduction optimize relevant emergency response plans

metrics such as low power consumption high reliability and an at the supply chain end and difficulties in product Increase and minimize disaster losses.extended service life to support enhanced system operational Acute transportat ion which may lead to reduced Medium- in capital term * Regular ly assess the impact on capital efficiency and prolonged lifecycles of end products. NOVOSENSE’s business stability and increased costs. expenditure expenditure based on extreme weather

relevant chip products are widely applied in sectors such as Major extreme weather disasters are also very frequency and scale and establish a dedicated

automotive industrial control and energy management. By likely to cause employee safety accidents etc. fund for post-disaster reconstruction based on

reducing energy consumption during the usage phase these adding more unfavorable factors. the assessment results.products help downstream applications achieve their carbon

reduction goals.Furthermore NOVOSENSE has integrated climate change Long-term changes in climate patterns (such * Continuously optimize existing facilities for

considerations into its corporate governance and daily operational as persistent high temperatures) may trigger

energy efficiency and cost reduction promote

Medium Increase in clean energy adoption assess the feasibility

management frameworks based on its business characteristics. Chronic for example increased operating costs due to increased cooling demand in summer as well as and operating and costs of accessing renewable energy Focusing on governance strategy risk management and emissions cost inputs due to subsequent restructuring of long-term expenses increase the share of renewable energy use reduction initiatives the company has gradually developed a climate

change management approach aligned with its business and energy use.and mitigate the risk of future fossil fuel price

increases.continues to advance relevant internal management and practices.With the improvement and introduction of policies

Governance regulators are bound to adopt more stringent GHG * Strictly implement policies and regulations emission limitation measures and strengthen GHG while strengthening capabilities in compliance

emission disclosure requirements. risk management energy conservation and

In terms of governance the Board of Directors and its With the acceleration of China’s carbon emissions emissions reduction.Strategy and ESG Committee oversee and provide guidance trading market and the successive improvement * Continuously monitor the introduction and

on c l imate-re la ted r isks and opportun i t ies . Through a Policy of international carbon tariffs and other policies Increase in update of relevant policies and regulations

and the subsequent fulfillment of carbon emissions Medium- operating and study implementation requirements as multi-department collaborative mechanism they identify and compliance requirements may lead to an increase term they are released and formulate relevant

assess the potential impacts of climate change on the company’s laws expensesin costs. measures on time.business operations and development strategies. They also Changes in policies may also lead to the early * Strengthen internal carbon management

incorporate relevant climate-related topics into the company’s retirement of existing fixed assets such as energy- promote the use of energy-sav ing and

corporate governance and daily management processes (see the consuming equipment; emissions-reduction technologies internally

“ESG Governance” section of this report for details) progressively There may be a risk of being held legally liable or a n d e x p l o r e i n t e r n a l c a r b o n p r i c i n g

promoting systematic internal management of climate-related facing fines and financial losses due to failure to mechanisms.issues. Please refer to page 18 for relevant governance structures. comply with relevant climate policies or laws.Physical risks Transition risksA Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 63

Responding to Climate Change

Type Climate-related risks and business impacts Impact Potential financial impact Response measurescycle

The process of production technology innovation and iteration

to meet environmental requirements and new product R&D Medium Increase * Strengthen technology empowerment and continuously

Technology and innovation may lead to an increase in the front-end cost and long- in capital enhance the company’s digital ization intel l igence and

of investing in new technologies or adopting/deploying new term expenditure sustainability levels.operations and processes.With the guidance of policies and markets and the gradual

improvement of customers’ low-carbon and environmental Increase in

awareness customers may turn to greener products such as operating * Establish an efficient communication mechanism with property

raw materials with sustainability certification which will affect the expenses owners to promptly understand their preferences and fulfil their

Market procurement of raw materials.Medium

and long- demand for eco-friendly products.Adjustment

As a supplier in the new energy vehicle industry chain changes in term in business * Continue to promote energy efficiency optimization and waste

customer behavior such as the implementation of projects related direction and management measures at existing facilities.to addressing climate change by customers will also impose service content

relevant requirements on the supply chain.With stakeholders’ increasing attention to climate change-related

issues reputational damage may result if the company fails to Medium- Increase in * Continue promoting the concepts of green operations and Reputation meet stakeholders’ expectations or commits violations related term operating green lifestyles to the general public through media channels

thereto. expenses to enhance customer confidence.Type Climate-related opportunities Impact Potential

cycle financial impact

Responses

While capital

Deliver solutions enabling low-carbon digital transformation in the Short and expenditure * Develop and promote green and low-carbon products and Technology real economy to generate increased business revenue. medium- increases it services with rich technological accumulation advanced term may bring more process level and continuous cutting-edge research.revenue

While capital

Shifts in customer Develop low-carbon products that meet customer preferences and Medium- expenditure * Study market trends to support energy upgrade and transition

preference demand for carbon neutrality goals expanding market share. term rises it could lead to greater initiatives.market share

Transition risksA Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 64

Responding to Climate Change

Risk Management Metrics and Targets

Tailored to its business model and operational characteristics the company has incorporated In 2025 the total amount of GHG emissions is 10074.01 tCO e52 . Details are as follows:

climate-related risks and opportunities into its risk management process. This addition accounts

for the potential impacts of climate change on business continuity compliance requirements and 2025 2024

operating costs providing a valuable enhancement to the company’s overall risk management.Scope 1 GHG emissions

(tCO2e) 18.83 0

Analyze industry best practices identify climate-related risks and

Risk

identification opportunities under the TCFD framework and develop a list of climate-

related risks and opportunities. 2025 2024

Scope 2 GHG emissions

(tCO2e) 10055.18 7244.36

Establish a series of procedures including on-site survey research

Risk

assessment collection of relevant materials and internal opinion solicitation; prepare the

NOVOSENSE Risk Assessment Report for Sudden Environmental Events. 2025 2024

Total GHG emissions

Assemble an efficient professional response team and develop actionable (tCO2e) 10074.01 7244.36

Response management control solutions including the Business Continuity

measures Management project; engage in cross-departmental collaboration and

hold regular reviews and drills to address. 2025 2024

Regularly monitor changes in climate-related risks and opportunities to take Intensity of GHG emissions

Risk timely action.Convene the Risk Management Team periodically to review ( tCO2e per mi l l ion CNY 2.99 3.70

monitoring and evaluate the effectiveness of risk management activities over the past revenue)

period promptly adjusting and optimizing risk management measures.

5 Scope 1 GHG Emissions: The company’s refrigerant emissions and diesel usage multiplied by the corresponding emission factor

with reference to GHG Protocol and the IPCC 2014 Climate Change Synthesis Report.Scope 2 GHG emissions: The amount of electricity purchased by the company multiplied by the corresponding emission

factor. The emission factors refer to the Notice on Carrying Out Greenhouse Gas Emission Reporting and Verification for

Some Key Industries 2023-2025.Total GHG emissions: Sum of direct GHG emissions and indirect greenhouse gas emissions.A Closer Look at Devising Effective Strategies Putting People First Green Operations:

NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 65

Responding to Climate Change

To address Scope 2 greenhouse gas emissions the company At the same time we also pay attention to indirect GHG emissions (Scope 3) related to our business activities and based on our

based on its operations and energy consumption patterns actual situation explore lower-carbon travel options in controllable scenarios such as employee business travel. In 2025 NOVOSENSE

has planned and initiated a phased adoption of clean energy. continued to partner with AutoNavi to provide its employees with new energy vehicle-based business travel service. This collaboration

During the reporting period it implemented relevant application aims to guide and support more low-carbon travel choices while ensuring efficiency and safety in business travel. During the reporting

practices as part of a phased exploration to optimize its energy period through this collaboration greenhouse gas emissions associated with these travel scenarios were reduced compared to

mix and increase clean energy usage. traditional travel methods achieving a total reduction of 32237 kgCO2e.Additionally the company organizes green initiatives tailored to its workplace’s unique context to enhance employee environmental

Featured solution: Application Featured event awareness and engagement. These activities integrate environmental concepts into daily operations and team culture fostering a more

practice of rooftop PV resource-efficient and low-carbon office environment.Dur ing the construct ion of i ts new Suzhou of f ice

NOVOSENSE planned and installed rooftop PV tailored

to the office’s specific conditions. This initiative supplies Tree-Planting Day Green Initiative Featured event

clean energy for certain off ice activit ies supporting

daily power demands without compromising operational On March 12 2025 NOVOSENSE demons t ra ted i t s

stability. The project replaced a portion of conventional commitment to green environmental protection and corporate

grid electricity with renewable energy making a direct social responsibility by organizing a tree-planting activity around

contribution to reducing carbon emissions from the office’s its office to celebrate Tree Planting Day. During the event

operations. It also provides a valuable practical experience employees collaborated to plant saplings and nurture the young

for implementing low-carbon energy solutions in office trees. This initiative not only enhanced the office landscape

environments. but also deepened participants’ understanding of ecological

conservat ion and green development. By putt ing green

principles into action the activity helped raise environmental

awareness among staff and further supported the company’s

ongoing efforts to cultivate a sustainable workplace culture.66

Outlook

Building on its long-term commitment and deep understanding of core

markets NOVOSENSE proactively identifies and adapts to evolving trends

in the policy environment customer needs supply chains and talent

ecosystems. This agility allows it to respond quickly flexibly and efficiently

that yields significant operational advantages. With the acceleration of a new

round of scientific and technological revolution and industrial transformation

in the world today opportunit ies and chal lenges are intertwined.NOVOSENSE strives to create highly competitive products and services and

become a high-quality innovative and reliable world-class chip company.In the future the company will continue to deeply integrate market

prospects and customer needs provide comprehensive semiconductor

products and solutions and continue to deepen its presence in the

automotive pan energy and intelligent terminals. With the mission of“Sense and Drive the Future: Build a Green Smart and Connected Worldwith Semiconductors” the company is committed to providing chip-level

solutions to link the digital world and the real world.In addition we will continue to implement the sustainable development

approach. While maintaining business growth we will actively fulfill our

corporate social responsibility in terms of environment (E) society (S) and

governance (G) to promote the sustainable development of the company

and society as a whole.67

Appendix

Honors and Awards

Jiangsu Provincial Analog Gasgoo Awards 2025: Top

and Hybrid Signal Chip 100 Players of China’s New 2025 China Top Chip CERTIFICATE OF 2025 Outstanding Automotive

Engineering Research Center Automotive Supply Chain Enterprise Award APPRECIATION Chip Supplier in China

Jiangsu Development& Gasgoo NE Times DVN Shanghai 2025 21 IC

Reform Commission

2025 China Automotive Chip 2025 China Automotive 2025 Outstanding 2025 Excellent Product 2025 Influential

Innovation Achievement Chip Innovation Technical Innovation Award for Automotive- Automotive Chip Award

Award (NSI1311-Q1SWVR) Achievement Award Product Grade Chip Application

The China Association of (NSI6602B-Q1)

China Automotive Chip

The 20th “China Chip” The 20th “China Chip” Alliance

Automobile Manufacturers The China Association of

Automobile Manufacturers

2025 E-Drive Technology Outstanding AI Robot 2025 Outstanding Motor New Quality Productive

Innovation Award Innovative Product Award Control Technology Forces Award for

NE Times Elecfans Product Award Industrial Chips

Elecfans Gongkong Network68

Report Index

Guidelines No. 14 of Shanghai Stock Exchange for Self-Regulation of Listed Companies—Sustainability Report (Trial)

Number Topic Relevant section in this report Number Topic Relevant section in this report

1 Climate change tackling Responding to Climate Change 15 Safety and quality of products and services Product Management

2 Pollutant discharge Energy and Resource Management Data security and customer privacy

16 Information Security

protection

3 Waste disposal Emissions Management

Our Employees

4 Ecosystem and biodiversity protection No significant relevance1 Employees’ Rights and Interests

17 Employees

Energy and Resource Management Training and Career Development

5 Environmental compliance management

Emissions Management Occupational Health and Safety

6 Energy usage Energy and Resource Management 18 Due diligence ESG Governance

7 Usage of water resources Energy and Resource Management 19 Communications with stakeholders ESG Governance

8 Circular economy Energy and Resource Management Anti-commercial bribery and anti-20 Compliance Governance

corruption

9 Rural revitalization Social Welfare and Responsibility

21 Anti-unfair competition Compliance Governance

10 Contributions to the society Social Welfare and Responsibility

Green Office

11 Innovation-driven Technology Innovation 22 Clean Technology Opportunities Responding to Climate Change

12 Ethics of science and technology No significant relevance2

13 Supply chain security Supply Chain Management Notes:

1. The company’s production and operational activities do not have a material impact on the ecosystem

Equal treatment to small and medium-sized

14 No significant relevance3 and biodiversity.

enterprises 2. The company has not engaged in such activities as scientific research and technology development in

an ethically sensitive domain such as life sciences and artificial intelligence.

3. The balance of accounts payable (including notes payable) does not exceed CNY 30000000000 or

represents less than 50 percent of the total assets at the end of the reporting period.69

The Hong Kong Stock Exchange’s Environmental Social and Governance Reporting Code

Environmental Social and Governance Reporting Code Section in the Report Environmental Social and Governance Reporting Code Section in the Report

Part B: Mandatory Disclosure Requirements Total amount of harmless waste generated (in tons) and (if applicable) density Energy Conservation and A1.4 (in units of production per facility). Emissions Reductions

Governance Structure Board Statement

A1.5 Describe the emission targets set and the steps taken to achieve them.Energy Conservation and

Reporting Principles About this report Emissions Reductions

About this report Describe the methods of handling hazardous and harmless waste and Energy Conservation and Reporting Boundary A1.6 describe the waste reduction goals set and the steps taken to achieve them. Emissions Reductions

Part C: “Comply or explain” Provisions

Level A2: Use of Resources

Subject Area A. Environmental General Disclosure

Aspect A1. Emissions Policies for the effective use of resources including energy water and other

A2 raw materials.Energy Conservation and

General Disclosure Note: Resources can be used for production storage transportation Emissions Reductions

Regarding exhaust emissions discharge to water and land generation of buildings electronic equipment etc.harmful and harmless waste etc.:

(a) Policies; and The total consumption of direct and/or indirect energy (such as electricity

(b) Comply with relevant laws and regulations that have a significant impact Energy Conservation and A2.1 gas or oil) by type (calculated in thousands of kilowatt hours) and density

Energy Conservation and

A1 Emissions Reductions (calculated in units of production and facilities).Emissions Reductions

on the issuer.Note: Exhaust emissions include nitrogen oxides sulfur oxides and other Total water consumption and density (calculated in units of production and Energy Conservation and A2.2

pollutants regulated by national laws and regulations. Hazardous waste refers per facility). Emissions Reductions

to those defined by national regulations. A2.3 Describe the energy efficiency goals set and the steps taken to achieve them.Energy Conservation and

Types of emissions and related emission data. Energy Conservation and

Emissions Reductions

A1.1 Emissions Reductions Describe any issues that may arise in obtaining suitable water sources as well Energy Conservation and

Total amount of hazardous waste generated (in tons) and (if applicable) density Energy Conservation and A2.4

A1.3 as the water efficiency goals set and the steps taken to achieve these goals. Emissions Reductions(in units of production per facility). Emissions Reductions

The total amount of packaging materials used in the finished product (in tons) Energy Conservation and

A2.5 and (if applicable) the proportion per production unit. Emissions Reductions70

Environmental Social and Governance Reporting Code Section in the Report Environmental Social and Governance Reporting Code Section in the Report

Level A3: Environment and Natural Resources The number and rate of work-related deaths per year in the past three years Occupational Health and B2.1 (including the reporting year). Safety

General Disclosure

A3 Policies to reduce the significant impact of issuers on the environment and

Energy Conservation and

Emissions Reductions B2.2 Lost working days due to work-related injuries.Occupational Health and

natural resources. Safety

Describe the significant impact of business activities on the environment and Energy Conservation and Describe the occupational wellness and safety measures adopted and the Occupational Health and

A3.1 B2.3natural resources and the actions taken to manage these impacts. Emissions Reductions relevant implementation and monitoring methods. Safety

B. Society Level B3: Development and Training

Level B1: Employment General Disclosure

B3 Policies related to enhancing employees’ knowledge and skills in fulfilling job

T ra i n i ng and Ca ree r

General Disclosure responsibilities. Describe the training activities. Development

Regarding compensation and termination recruitment and promotion working

hours holidays equal opportunities diversification anti discrimination and Percentage of trained employees by gender and employee category (e.g. T r a i n i ng and Ca ree r B3.1

B1 other benefits and benefit: Our employees

Senior management Intermediate management etc.). Development

(a) Policies; and The average number of hours per employee completed training divided by T ra i n i ng and Ca ree r

(b) Comply with relevant laws and regulations that have a significant impact B3.2 gender and employee category. Development

on the issuer.Level B4: Labor Standards

The total number of employees by gender type of employment (such as full-

B1.1 time or part-time) age group and region. Our employees General Disclosure

B1.2 Employee turnover rate by gender age group and region. Our employees

Regarding the prevention of child labor or forced labor:

B4 (a) Policies; and

Employees’ Rights and

Level B2: Health and Safety (b) Comply with relevant laws and regulations that have a significant impact

Interests

on the issuer.General Disclosure Describe measures to review recruitment practices to avoid child labor and Employees’ Rights and

Regarding providing a safe working environment and protecting employees B4.1 forced labor. Interests

from occupational hazards: Occupational wellness

B2 (a) Policies; and and Safety Describe the steps taken to eliminate violations when they are discovered. Employees’ Rights and

(b) Comply with relevant laws and regulations that have a significant impact B4.2 Interests

on the issuer.71

Environmental Social and Governance Reporting Code Section in the Report Environmental Social and Governance Reporting Code Section in the Report

Level B5: Supply Chain Management Describe practices related to the maintenance and protection of intellectual Quality ManagementB6.3 property rights. Technology Innovation

General Disclosure Supply Chain Management B6.4 Describe the quality verification process and product recycling procedures. Quality ManagementB5 Manage environmental and social risk policies in supply chain. Describe consumer data protection and privacy policies as well as relevant

B5.1 Number of suppliers by region. Supply Chain Management B6.5 implementation and monitoring methods. Information Security

Describe the practices related to hiring suppliers the number of suppliers who

B5.2 have implemented these practices and the methods of implementing and Supply Chain Management

Level B7: Anti-corruption

monitoring these practices. General Disclosure

Describe practices for identifying environmental and social risks at each stage Regarding the prevention of bribery extortion fraud and money laundering:

B5.3 of the supply chain as well as relevant execution and monitoring methods. Supply Chain Management B7 (a) Policies; and Compliance Governance

Describe the practice of promoting the use of environmentally friendly products (b) Comply with relevant laws and regulations that have a significant impact

B5.4 and services when selecting suppliers as well as relevant implementation and Supply Chain Management

on the issuer.monitoring methods. The number and outcome of corruption lawsuits filed and concluded against B7.1 the issuer or its employees during the reporting period. Compliance Governance

Level B6: Product Responsibility Describe preventive measures and reporting procedures as well as relevant

General Disclosure B7.2 implementation and monitoring methods.Compliance Governance

Wellness and Safety Advertising Labeling and Privacy and remediation

Methods for the Products and Services Provided: B7.3

Describe anti-corruption training provided to director and employees. Compliance Governance

B6 (a) Policies; and Quality Management Level B8: Community Investment

(b) Comply with relevant laws and regulations that have a significant impact

on the issuer. General Disclosure

The percentage of products sold or shipped that require recovery for safety Policies related to community participation to understand the needs of the Social Welfare and

B6.1 and wellness reasons. Quality Management B8 operating community and ensure that its business activities consider the Responsibility

Number of complaints received regarding products and services and response interests of the community.B6.2 methods. Quality management72

Environmental Social and Governance Reporting Code Section in the Report Environmental Social and Governance Reporting Code Section in the Report

Focus on areas of contribution (e.g. education environmental matters labor S o c i a l W e l f a r e a n d

B8.1 D (IV) Metrics and Targetsneeds wellness culture sports). Responsibility Responding to Climate

Resources (such as money or time) used in a focused area. S o c i a l W e l f a r e a n d

GHG Emissions

B8.2 ChangeResponsibility Climate related transitions

Part D: Climate Related disclose p h y s i c a l r i s k a n d

Climate-Related Transition Risk

D (I) Governance opportunities have been systematically identified

Responding to Climate

Governance body responsible for overseeing climate-related risks and opportunities but no relevant financial Change quantitative analysis has

Climate-Related Physical Risk

Management’s role in the management processes monitoring measures and procedures Responding to Climate been conducted yet .used to monitor manage and monitor climate-related risks and opportunities Change We will conduct relevant works in due course when

D (II) Strategy conditions are ripe and will

Responding to Climate Climate-Related Opportunities include the information in

Climate-related risks and opportunities Change our disclosures

Responding to Climate C a p i t a l u t i l i z a t i o n o f

Business Model and value chain Change Capital Utilization climate-related risks and

opportun i t ies in terna l

Continuous improvement

Strategy and Decision Making carbon price incorporation and supplementation Internal Carbon Price of climate related factors

Continuous improvement

Financial condition financial performance and cash flows into compensation policies and supplementation a n d c l i m a t e r e l a t e d

Continuous improvement Pay target setting have not

Climate Resilience and supplementation been car r ied out yet

and relevant work wi l l

D (III) Risk Management be ca r r i ed ou t when

Processes and policies for identifying assessing climate-related risk prioritizing and Responding to Climate Climate-Related Goals conditions are ripe and

maintaining monitoring Change disclosed in the report

Process and related policies for identifying and evaluating climate related opportunities Continuous improvement

prioritizing and maintaining monitoring and supplementation

How and to what extent is the identification assessment prioritization and monitoring Continuous improvement

process of climate-related risks and opportunities integrated into the issuer’s overall ‘risk and supplementation

management’ process.73

GRI Standards Index GRI Standard Disclosure Location

2-16 Communication of critical concerns Compliance Governance ESG Governance

Statement of use GRI 1 used

2-17 Collective knowledge of the highest governance body Compliance Governance

Suzhou Novosense Microelectronics Co. Ltd. has reported the GRI 1: Foundation 2021 ESG Governance

information cited in this GRI content index with reference to the GRI 2-18 Evaluation of the performance of the highest governance body ESG Governance

Standards for FY2025. 2-19 Compensation policies E m p l o y e e s ’ R i g h t s a n d Interests

2-20 Process to determine compensation To be further enhanced

GRI Standard Disclosure Location 2-21 Annual total compensation ratio To be further enhanced

2-1 Organizational details Company Profile 2-22 Statement on sustainable development strategy To be further enhanced

2-2 Entities included in the organization’s sustainability reporting About This Report 2-23 Policy commitments To be further enhanced

2-24 Embedding policy commitments To be further enhanced

2-3 Reporting period frequency and contact point About This Report

2-25 Processes to remediate negative impacts To be further enhanced

2-4 Restatements of information Not involved 2-26 Mechanisms for seeking advice and raising concerns To be further enhanced

2-5 External assurance Not yet conducted planned for adoption in the future 2-27 Compliance with laws and regulations Compliance Governance

2-6 Activities value chain and other business relationships Corporate Culture 2-28 Membership associations The company has joined relevant industry associations

2-7 Employees Our Employees 2-29 Approach to stakeholder engagement ESG Governance

GRI 2: 2-8 Workers who are not employees Our Employees 2-30 Collective bargaining agreements To be further enhanced

General Disclosures 2021 Compliance Governance Please

2-9 Governance structure and composition refer to the company’s Annual 3-1 Process to determine material topics ESG Governance

Report 2025 GRI 3: 3-2 List of material topics ESG Governance

2-10 Nomination and selection of the highest governance body Compliance Governance Material Topics 2021

Please refer to the company’s 3-3 Management of material topics ESG Governance2-11 Chair of the highest governance body Annual Report 2025

201-1 Direct economic value generated and distributed Please refer to the company’s 2-12 Role of the highest governance body in overseeing the management

of impacts Compliance Governance

Annual Report 2025

GRI 201: 201-2 Financial implications and other risks and opportunities due to

2-13 Delegation of responsibility for managing impacts Compliance Governance Responding to Climate ChangeEconomic Performance climate change

2-14 Role of the highest governance body in sustainability reporting ESG Governance 2016 201-3 Defined benefit plan obligations and other retirement plans Please refer to the company’s Annual Report 2025

2-15 Conflicts of interest Not involved 201-4 Financial assistance received from government To be further enhanced74

GRI Standard Disclosure Location GRI Standard Disclosure Location

202-1 Ratios of standard entry level wage by gender compared to local

GRI 202: minimum wage To be further enhanced 303-1 Interactions with water as a shared resource

E n e r g y C o n s e r v a t i o n a n d

Emissions Reductions

Market Presence 2016 202-2 Proportion of senior management hired from the local community To be further enhanced 303-2 Management of water discharge- related impacts E n e r g y C o n s e r v a t i o n a n d Emissions Reductions

GRI 203: 203-1 Infrastructure investments and services supported To be further enhanced GRI 303: E n e r g y C o n s e r v a t i o n a n d

Indirect Economic Impacts Water and Effluents 2018 303-3 Water withdrawal Emissions Reductions

2016 203-2 Significant indirect economic impacts To be further enhanced 303-4 Water discharge To be further enhanced

GRI 204:

Procurement Practices 204-1 Procurement practices Supply Chain Management 303-5 Water consumption E n e r g y C o n s e r v a t i o n a n d

2016 Emissions Reductions

304-1 Operational sites owned leased managed in or adjacent to

205-1 Operations assessed for risks related to corruption To be further enhanced protected areas and areas of high biodiversity value outside protected The company has no relevant

GRI 205: 205-2 Communication and training about anti- corruption policies and areas

operations

Anti- corruption 2016 procedures Compliance Governance 304-2 Significant impacts of activities products and services on

GRI 304: biodiversity To be further enhanced

205-3 Confirmed incidents of corruption and actions taken Compliance Governance Biodiversity 2016 304-3 Habitats protected or restored To be further enhanced

GRI 206:

Anti-competitive Behavior 206-1 Legal actions for anti-competitive behavior anti- trust and monopoly practices Compliance Governance2016 304-4 IUCN Red List species and national conservation list species with habitats in areas affected by operations To be further enhanced

207-1 Approach to tax Compliance Governance

305-1 Direct (Scope 1) GHG emissions Responding to Climate Change

GRI 207: 207-2 Tax governance control and risk management Compliance Governance

Tax 2019 305-2 Energy indirect (Scope 2) GHG emissions Responding to Climate Change207-3 Stakeholder engagement and management of concerns Compliance Governance

305-3 Other indirect (Scope 3) GHG emissions To be further enhanced

207-4 Country-by- country reporting To be further enhanced

GRI 305: 305-4 GHG emissions intensity Responding to Climate Change

301-1 Materials used by weight or volume E n e r g y C o n s e r v a t i o n a n d Waste 2020Emissions Reductions 305-5 Reduction of GHG emissions Responding to Climate Change

GRI 301:

Materials 2016 301-2 Recycled input materials used To be further enhanced 305-6 Emissions of ozone-depleting substances (ODS) E n e r g y C o n s e r v a t i o n a n d

E n e r g y C o n s e r v a t i o n a n d Emissions Reductions301-3 Reclaimed products and their packaging materials Emissions Reductions 305-7 Nitrogen oxides (NOx) sulfur oxides (SOx) and other significant air E n e r g y C o n s e r v a t i o n a n d

E n e r g y C o n s e r v a t i o n a n d emissions Emissions Reductions302-1 Energy consumption within the organization Emissions Reductions 306-1 Waste generation and significant waste- related impacts E n e r g y C o n s e r v a t i o n a n d Emissions Reductions

302-2 Energy consumption outside of the organization E n e r g y C o n s e r v a t i o n a n d Emissions Reductions 306-2 Management of significant waste- related impacts E n e r g y C o n s e r v a t i o n a n d

GRI 302: E n e r g y C o n s e r v a t i o n a n d Emissions Reductions302-3 Energy intensity GRI 306:

Energy 2016 Emissions Reductions Supplier Environmental 306-3 Waste generated E n e r g y C o n s e r v a t i o n a n d

302-4 Reduction of energy consumption E n e r g y C o n s e r v a t i o n a n d Assessment 2016

Emissions Reductions

Emissions Reductions 306-4 Waste diverted from disposal E n e r g y C o n s e r v a t i o n a n d Emissions Reductions

302-5 Reductions in energy requirements of products and services To be further enhanced

306-5 Waste directed to disposal E n e r g y C o n s e r v a t i o n a n d Emissions Reductions75

GRI Standard Disclosure Location GRI Standard Disclosure Location

GRI 308: 308-1 New suppliers that were screened using environmental criteria Supply Chain Management GRI 406: E m p l o y e e s ’ R i g h t s a n d

Supplier Non- discrimination 2016 406-1 Incidents of discrimination and corrective actions taken Interests

Environmental

Assessment 2016 308-1 New suppliers that were screened using environmental criteria Supply Chain Management GRI 407:

Freedom of Association 407-1 Operations and suppliers in which the right to freedom of association No relevant operations

401-1 New employee hires and employee turnover Our Employees and Collective Bargaining and collective bargaining may be at risk E m p l o y e e s ’ R i g h t s a n d Interests

GRI 401: 401-2 Benefits provided to full- time employees that are not provided to E m p l o y e e s ’ R i g h t s a n d 2016

Employment 2016 temporary or part- time employees Interests No relevant operations

401-3 Parental leave E m p l o y e e s ’ R i g h t s a n d

GRI 408: 408-1 Operations and suppliers at significant risk for incidents of child

Interests Child Labor 2016 labor

E m p l o y e e s ’ R i g h t s a n d

Interests

GRI 402: GRI 409: No relevant operations

Labor/ Management 402-1 Minimum notice periods regarding operational changes To be further enhanced Forced or Compulsory 409-1 1 Operations and suppliers at significant risk for incidents of forced

Relations 2016 Labor 2016 or compulsory labor

E m p l o y e e s ’ R i g h t s a n d

Interests

403-1 Occupational health and safety management system Occupational Health and Safety GRI 410:

403-2 Hazard identification risk assessment and incident investigation Occupational Health and Safety Security Practices 2016

410-1 Security personnel trained in human rights policies or procedures To be further enhanced

GRI 411:

403-3 Occupational health services Occupational Health and Safety Rights of Indigenous 411-1 Incidents of violations involving rights of indigenous peoples None

403-4 Worker participation consultation and communication on Peoples 2016

occupational health and safety Occupational Health and Safety 413-1 Operations with local community engagement impact assessments S o c i a l W e l f a r e a n d

GRI 403: 403-5 Worker training on occupational health and safety Occupational Health and Safety GRI 413:

and development programs Responsibility

Occupational Health and Local Communities 2016 413-2 Operations with significant actual and potential negative impacts on

Safety 2016 403-6 Promotion of worker health Occupational Health and Safety local communities

None

403-7 Prevention and mitigation of occupational health and safety impacts Occupational Health and Safety GRI 414: 414-1 New suppliers that were screened using social criteria Supply Chain Managementdirectly linked by business relationships Supplier Social

403-8 Workers covered by an occupational health and safety management Occupational Health and Safety Assessment 2016 414-2 Negative social impacts in the supply chain and actions taken Supply Chain Managementsystem GRI 415:

403-9 Work-related injuries Occupational Health and Safety Public Policy 2016 415-1 Political contributions None

403-10 Work-related ill health Occupational Health and Safety 416-1 Assessment of the health and safety impacts of product and service GRI 416: categories Quality Management

404-1 Average hours of training per year per employee T r a i n i n g a n d C a r e e r Customer Health and Development Safety 2016 416-2 Incidents of non-compliance concerning the health and safety

GRI 404: Quality Management

Training and Education 404-2 Programs for upgrading employee skills and transition assistance T r a i n i n g a n d C a r e e r

impacts of products and services

2016 programs Development 417-1 Requirements for product and service information and labeling Quality Management

404-3 Percentage of employees receiving regular performance and career T r a i n i n g a n d C a r e e r GRI 417:

development reviews Development Marketing and Labeling 417-2 Incidents of non-compliance concerning product and service

2016 information and labeling

None

GRI 405: 405-1 Diversity of governance bodies and employees Compliance Governance Our Employees 417-3 Incidents of non-compliance concerning marketing communications NoneDiversity and Equal

Opportunity 2016 GRI 418: 418-1 Substantiated complaints concerning breaches of customer privacy 405-2 Ratio of basic salary and compensation of women to men To be further enhanced Customer Privacy 2016 and losses of customer data Compliance Governance76

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