2025

Environmental Social and Governance (ESG) Report

SHENZHEN SENIOR TECHNOLOGY MATERIAL CO. LTD.Be the best global function separator manufacturer

Shenzhen Senior Technology Material Co. Ltd.Address: 5 North Tianyuan Road Gongming Matian Sub-district Office

Guangming District Shenzhen Guangdong Province China

Web: https://www. senior798. com/

Tel.: 0755-368009991 2025 Environmental Social and Governance (ESG) Report Shenzhen Senior Technology Material Co. Ltd. 2

About This Report Reporting Principles

This report has been prepared in accordance with four key reporting principles: "Materiality" "Quantitative" "Balance" and "Con-

This report is the third Environmental Social and Governance (ESG) Report (the "ESG Report" or "the Report") published by

sistency" ensuring that the expectations of stakeholders related to Senior are effectively addressed.Shenzhen Senior Technology Material Co. Ltd. (hereinafter referred to as the "Company" or the "Group"). It provides an overview

of the management philosophy initiatives and key achievements of the Company and its subsidiaries (collectively referred to as

"Senior" "the Company" or "we/our/us") in ESG-related areas for the year 2025. The preparation of this report has fully considered the Company's business characteristics and identified current

material ESG topics through stakeholder engagement. The findings have been submitted to the Board of Directors

for approval. The final material topics approved by the Board serve as the foundation for this report and are thor-

Materiality

Abbreviation Explanation oughly addressed throughout.An ESG data collection and verification mechanism has been established. Where applicable this report includes an-

Abbreviation Full Company Name nual comparative data to help stakeholders track the progress of ESG management.Quantitative

Senior the Company we/our/us or Senior Shenzhen Shenzhen Senior Technology Material Co. Ltd.This report also highlights areas for improvement and outlines plans to address relevant topics ensuring that no

Senior Nantong Senior (Nantong) New Material Technology Co. Ltd. critical aspects are overlooked and that decisions are made transparently without undue influence on stakeholder

Balance decision-making.Senior Changzhou Changzhou Senior New Energy Materials Co. Ltd.The quantitative data in this report are collected and disclosed consistently with previous reports enabling stake-

Senior Jiangsu Jiangsu Senior New Material Technology Co. Ltd. holders to analyze and assess performance over time. Any changes or updates in certain data scopes are clearly ex-

Consistency plained for stakeholder reference.Senior Hefei Hefei Senior New Energy Materials Co. Ltd.Senior Foshan Senior (Foshan) New Material Technology Co. Ltd.Scope of the Report

Senior Europe Senior Material (Europe) AB

The Reporting Period for this report is from January 1 2025 to December 31 2025 ("during the Reporting Period"). Some content

ASEAN Base INV New Material Technology (M) Sdn. Bhd. may extend appropriately beyond this period.Unless otherwise specified the policy documents statements data and other information in this report reflect the actual busi-

ness scope of Senior. All monetary amounts are presented in Renminbi (RMB) in this report unless otherwise stated.Basis for Preparation

Global Reporting Initiative (GRI) Sustainability Reporting Standards (GRI Standards) Data Sources

United Nations Sustainable Development Goals (SDGs) The data and information presented in this report primarily come from publicly available sources internal statistical reports

third-party research administrative documents and other relevant resources.Self-Regulatory Guidelines No. 17 for Companies Listed on Shenzhen Stock Exchange – Sustainability Report (For Trial Im-

plementation)

Appendix C2 Environmental Social and Governance Reporting Code to the Main Board Listing Rules of Hong Kong Stock Ex- Report Access

change This report is available in both Simplified Chinese and English versions. In case of any discrepancies the Simplified Chinese ver-

IFRS Sustainability Disclosure Standard 2 — Climate-related Disclosures (IFRS S2) sion shall prevail. The electronic version of the report can be accessed on the Company's official website. For any comments or

suggestions regarding this report please feel free to email us at esg@senior798.com.3 2025 Environmental Social and Governance (ESG) Report Shenzhen Senior Technology Material Co. Ltd. 4

Chairman's Statement People-centric approach: Upholding the "One Senior" value community together

Our growth is inseparable from the efforts of every Senior employee. We uphold the "One Senior" values advocating for a diverse

and inclusive workplace culture. From safeguarding employee rights and ensuring equal pay for equal work to implementing the

"Happy Work Content Remuneration and Comfortable Life" philosophy to improve employee welfare and from ISO 45001 Occu-

Shenzhen Senior Technology Material Co. Ltd. pational health and safety systems to establishing a comprehensive talent development pipeline we are committed to ensuring

Chairman that every employee grows and shares in the Company's success. We also collaborate with supply chain partners by signing the

Senior Supplier Sustainability Commitment Letter and Sunshine Agreement jointly building a responsible transparent and sus-

tainable industrial ecosystem.Xiufeng Chen

Time remains silent yet its imprint endures. Looking back from the

milestone of 2025 Senior has devoted more than two decades to the Culture of responsibility: Deepening the connotation of ESG governance

lithium-ion battery separator industry. Amid a profound global ener- Governance is the cornerstone of sustainable development. We have established a three-tier ESG governance structure compris-

gy transformation we remained true to our original aspiration and ing the Board of Directors the ESG Office and the ESG Working Group with the Board of Directors as the highest decision-making

further embedded sustainability into our corporate strategy. Guided body for ESG matters ensuring effective alignment between the strategic design and implementation of our sustainability agenda.by our core driver of "in-depth technology + diverse applications" we We actively embrace change and further improve the scientific rigor and transparency of our decision-making processes through

have continued to build a solid and sustainable foundation on our measures such as optimizing the governance structure and introducing employee directors effectively safeguarding the rights and

journey to becoming a global leader in the lithium battery separator interests of all shareholders and stakeholders.industry.Persevering forward with a promising future ahead

At this pivotal moment in the global energy transition every member of Senior is both a participant in and a witness to this pro-

found green transformation. Looking ahead we will engage the global market with greater openness refine our products to even

higher standards and fulfill our social responsibilities with unwavering determination. Through continuous technological innova-

tion we are committed to advancing industry upgrades creating greater value for our customers delivering sustainable returns

Strategic leadership: Anchoring the ambitious goal of carbon neutrality for shareholders and contributing stronger green momentum in society.The year 2025 marks a significant milestone in Senior's green transformation. We fully recognize that climate change is a critical

challenge affecting the future of humanity. In response the Company formally established its carbon neutrality goal this year—an

initiative that represents not only a commitment but also a profound process of self-transformation. By actively embracing the

opportunities presented by carbon peaking and carbon neutrality we are committed to building a clean efficient and circular

green manufacturing system. Through these efforts we strive to contribute "Senior solutions" to the global energy transition.From a single spark that inspires progress to

Green pioneers: Building a solid low-carbon development moat

Our efforts in green manufacturing have delivered tangible results. In 2025 we became the first company in China's lithium bat- a force that anchors the industry's develop-

tery separator industry to receive the EU Next Generation (NG) Gold Level Certification. This is not only international recognition of

Senior's technical strength but also our green commitment to the global industry chain. Senior Nantong was awarded the "Green ment Senior's journey has been defined by

Factory in Jiangsu Province" title and our bases in Foshan Jiangsu Nantong and ASEAN have fully launched distributed photo-

voltaic power generation and waste heat recovery projects turning every square meter of factory space into a production end- the courage to lead and the vision to grow

point for green energy. Beyond advancing our own development we are committed to driving progress across the industry. Sen-

ior has taken the lead in drafting industry standards such as Greenhouse Gas Emission Accounting Requirements for Lithium-Ion alongside the broader ecosystem.Battery Separator Manufacturing Enterprises to guide the industry toward a standardized and low-carbon future.5 2025 Environmental Social and Governance (ESG) Report Shenzhen Senior Technology Material Co. Ltd. 6

About Senior tive electrodes through solid materials rather than conventional liquid electrolytes offering significant potential in terms of safety and energy density.Building on its core technologies in the functional membrane sector the Company has also extended its products to applications

Company overview such as heat exchange membranes waterproof and breathable membranes and water treatment membranes which serve air cir-

culation and energy recovery systems outdoor functional apparel and municipal water treatment respectively providing reliable

material solutions for green energy semiconductor and other high-value industries.Senior is a national high-tech enterprise specializing in the research and development production and sales of lithium-ion bat-

tery separators and is committed to providing global customers with high-quality products and systematic solutions. Founded

Leveraging continuous technological innovation a leading and diversified product portfolio high-quality and efficient scale pro-

in 2003 the Company has been deeply involved in the new energy and new materials sectors for over 20 years and has been ad-

duction capacity forward-looking global deployment and a stable international customer network Senior maintains a leading

vancing its technological innovation and scale manufacturing capabilities.position in the global lithium-ion battery separator industry. Below is an overview of the Company's key achievements:

With the mission of "creating a new life with SENIOR film". Its product portfolio includes dry-process wet-process and coated-pro-

cess separators for lithium batteries widely applied in industries such as new energy vehicles energy storage power stations Market share Designed overseas capacity

electric bicycles power tools aerospace medical devices and the digital sector.Dry process: 1st

Over 2 billion square meters

In 2024 we ranked first in the dr y-process

Senior stands out with its strong technical capabilities in lithium battery separators. The Company is the first globally to propose separator market share (by shipment volume). Designed an annual overseas capacity."power lithium battery separators". As a key high-tech enterprise under the National Torch Program we are the first Chinese com- Wet process: 2nd

pany to break the foreign monopoly on dry-process single-stretch technology for lithium battery separators and the first Chinese In 2024 we ranked second in the wet-process

lithium separator manufacturer to mass-export these separators internationally. Additionally the Company is the first of its kind separator market share (by shipment volume).in China to simultaneously own dry-process wet-process and coated-process separator manufacturing technologies and to list on 14.4%

the capital market with separators as its core business. Market share in 2024 (by total shipment volume).As one of the core components of a lithium-ion battery the separator plays a crucial role in isolating the positive and negative

electrodes to prevent physical short circuits while also serving as an electrolyte carrier to enable efficient lithium-ion conduction. Global layout Manufacturing

The performance of the separator directly impacts the safety stability energy density and overall production cost of lithium-ion

batteries. Senior is the first to master the core dry-process uniaxial stretching technology for lithium-ion battery separators and Four global R&D centers Industry leader

has established a significant technological barrier in the relevant fields. Japan Sweden Shenzhen Nantong The fifth-generation wet-process super production

line has a single-line annual capacity of 250

As an early entrant in the industry the Company has become a globally influential enterprise of lithium-ion battery separators. It Nine production bases million square meters.has in-house equipment design and manufacturing capabilities an independent technology system covering key processes and a United States Malaysia Sweden(under construc- Ranking first in the lithium-ion battery separator

competitive microporosity forming platform. Its products lead the industry in key performance metrics such as thickness control tion) industry.porosity stability thermal shrinkage breathability and puncture strength. In the domestic market the Company serves a broad Shenzhen Changzhou Jiangsu Hefei Nantong

base of leading lithium-ion battery manufacturers including CATL BYD CALB Gotion High-Tech Sunwoda Qingtao Energy EVE Few in the industryFoshan

Energy Xiamen Hithium and Zhuhai CosMX among others. In international markets the Company supplies products in volume to Possessing in-house equipment R&D capabilities.top-tier manufacturers such as LG Energy Solution (LGES) Samsung SDI Envision AESC SK On Murata SAFT and power battery

subsidiaries under Volkswagen Group while maintaining business partnerships with multiple global lithium-ion battery leaders.The Company has received numerous recognitions from key customers including LGES's "Quality Excellence Award" and "Out- R&D Customers

standing Supplier Award" EVE Energy's 2025 "Pioneer Award" and CALB's "Outstanding Supplier Award". Through continuous

performance enhancement and the development of innovative products the Company further strengthens its competitive posi- The only lithium-ion battery enterprise Over 100 global

tion in the global market. Awarded the First Prize of the National Science Over 100 global lithium-ion battery customers.and Technology Progress Award. The top ten global

While consolidating its leadership in the lithium-ion battery separator business Senior continues to expand into functional mem-

China's first lithium-ion battery enterprise Established stable partnerships with the top ten

branes and advanced materials. Guided by its "in-depth technology + diverse applications" strategy the Company has developed

Possessing dry- wet- and coated-process separa- global lithium-ion battery manufacturers.a diversified product portfolio encompassing solid-state electrolyte membranes and various functional membranes. Solid-state

tor manufacturing technologies.electrolyte membranes primarily used in next-generation battery systems enable ion conduction between the positive and nega-7 2025 Environmental Social and Governance (ESG) Report Shenzhen Senior Technology Material Co. Ltd. 8

Business distribution

After more than two decades of development Senior has established a global strategic network with its headquarters in Shen-

zhen and nine production bases in Shenzhen Hefei Changzhou (two locations) Nantong Europe (Sweden) Foshan ASEAN and

the U.S. The Company also operates R&D centers in Shenzhen Osaka (Japan) Nantong and Sweden (Europe). Senior has devel-

oped an integrated system of R&D production and sales forming a highly intensive efficient and resilient product supply chain

cementing its position as a leader in the global lithium battery separator industry.Jiangsu/Senior Changzhou/Senior Jiangsu/Senior

Senior Material (Europe) AB/Senior Nantong and East China Research Institute

Material Europe Technology Center

Hefei Anhui/Senior Hefei

Green New Energy Materials Inc. Osaka Japan/ Osaka

Research Institute

Guangdong/Senior Shenzhen and

R&D Center/Senior Foshan

ASEAN Base9 2025 Environmental Social and Governance (ESG) Report Shenzhen Senior Technology Material Co. Ltd. 10

Honors and Certification ESG

Technological innovation 2024 ESG Innovation Award EU NG Gold Level Certification EU Green Transition Contribution Award

Shenzhen Polymer Industry Association Shenzhen Polymer Industry Association Shenzhen Polymer Industry Association

The 6th Polymer Industry Innovation 2024 Enthusiastic Contribution Award 2024 5A Member

Award

CCXGF The 1st China "ESG and Corporate Value

2025 ESG Practice Pioneer Award 2025 Excellent Sustainability Report Growth" Forum

Award 2025 Best A-Share ESG Practice Award

China Automotive Power Battery

The 7th Shenzhen Industrial Award Industry Innovation Alliance (CAPBIA) Guangdong Battery Industry AssociationTop 15 Enterprises with Outstanding 2025 Leading Enterprise

Industry Contribution

Wind ESG A Rating SZSE CNI Index ESG AA Rating CCXGF ESG A Rating

Guangdong Battery Industry Association Co-Drafting Unit of the Group Standard

Advanced Technology Innovation 2024 Changzhou "Five-Star Enterprise" T/GDBIA 008-2025 Design Specification

Organization for Integrated Green Low-Carbon and Efficient White Oil Extraction Recovery

and Recycling in Wet-Process Lithium

Battery Separators

Leading Enterprise in Shenzhen's Government of Penang Malaysia adsalecprj.com Partners

Quality-Driven City Development SPEED Administrative Innovation Award 2025 Top Ten Enterprises in Rubber and

Plastic Technology Trends

LGES Appreciation Plaque

Shenzhen Power Supply Technology Society

Standard Innovation Contribution Award11 2025 Environmental Social and Governance (ESG) Report Shenzhen Senior Technology Material Co. Ltd. 12

Report Summary

Environmental Governance

GHG emissions density Industrial wastewater reuse rate

Shareholders' meetings held Board of Directors' meetings held

0.87 tCO2e/RMB10000 in total revenue ~56.28 % 7 12

General solid waste recycled Total investment in environ-

mental protection

8617.20 tons 83.88 Information disclosure announce- Investor communication events RMB million ments published held

Renewable energy consumption 199 4

80526.27MWh

Risk management and culture pro- Training sessions on business eth-

motion sessions held ics and anti-corruption held

Social 5 5

R&D investment Cumulative valid patents obtained

RMB 278million 490

ISO 9001:2015 Quality management Employee social insurance con-

systems certification tribution rate

100% business coverage 100%

Permanent employees health check-up Investment in employee occupa-

coverage rate tional health and safety

100% RMB 578350001

Responsible

Governance

Achieving Sustainable Value

Creation

Material Topics in This Section

Corporate Governance

Business Ethics

Risk Management

Response to United Nations Sustainable

Development Goals (SDGs)15 2025 Environmental Social and Governance (ESG) Report Responsible Governance Achieving Sustainable Value Creation 16

ESG management ESG internal training

In terms of internal capability building the Company conducted a total of nine ESG internal training sessions in 2025. The training

ESG governance mechanism covered ESG regulations and standards interpretation promotion of the EU Batteries and Waste Batteries Regulation ESG rating management standards as well as the Company's relevant management measures and action plans further enhancing employ-

ees'understanding of ESG concepts and requirements.Senior adheres to the responsible development philosophy systematically integrating sustainability requirements into the Com-

pany's strategic planning and day-to-day operational management promoting the synergistic realization of economic environ- Material topic management

mental and social value. The Company has gradually built a well-defined and standardized ESG governance system and promotes

the integration of ESG requirements into business management through standardized ESG management processes. Stakeholder engagement

To proactively address and mitigate ESG-related risks the Company has developed a systematic risk management mechanism.This includes regular risk identification assessment and response procedures. Meanwhile the Company continuously conducts Considering industry characteristics and operational realities and drawing from both domestic and international best practices

ESG materiality assessments identifying ESG topics that have significant impacts on its development and in combination with the Company categorizes its key stakeholders into six main groups: shareholders and investors customers employees govern-

dynamic monitoring of ESG performance ensuring that related practices align with its development strategy and stakeholders' ment and regulatory agencies partners and the community the public and media. To foster effective engagement Senior utilizes

concerns. a variety of communication channels—including its official website media agencies special meetings annual reports and other

activities—to maintain regular dialogues with stakeholders.In 2025 the Company further improved the ESG governance mechanism officially incorporating ESG management into the core

governance framework with the Board of Directors as the highest decision-making and supervisory body for ESG affairs forming Stakeholders Material Topics Communication Channels

a three-tier management structure comprising the Board of Directors the ESG Office and the ESG Working Group. By clarifying re- Corporate Governance General Meeting of Shareholders

sponsibilities and coordinating operations we provide institutional guarantees for the continuous promotion and optimization of Business Ethics Board of Directors

ESG management.Risk Management Financial Reports

Shareholders and investors Business Reports

Oversee the Group's ESG-related matters and receive relevant reports. Roadshows and External Exchange

Board of Directors Review and monitor the formulation of ESG and climate-related policies and targets. Product Quality and Safety Product Exhibitions

Review and approve the Group's Environmental Social and Governance (ESG) Re- Technological Innovation Market Research

port and other ESG disclosure materials.Customers Customer Service Customer Satisfaction Surveys

Green Products

Coordinate the formulation of the Group's ESG and climate change policies

strategies targets and implementation pathways. Employee Rights and Welfare Employee Activities

Oversee the setting execution and performance evaluation of the Group's ESG and Employee Training and Development Employee Training

climate-related targets. Employees Occupational Health and Safety Corporate Intranet

Lead the identification and assessment of material ESG and climate-related issues Employee Handbook

ESG Office determine priorities and develop management plans. Corporate Governance Regular Communication and Reports

Systematically analyze ESG and climate-related risks and opportunities and pro- Business Ethics Institutional Visits

pose corresponding strategies. Government and regulatory

agencies GHG Emissions Policy Implementation

Participate in ESG materiality assessments and provide professional advice to man-

agement. Emissions and Waste Management Information Disclosure

Conduct regular reviews of ESG target implementation and drive improvements in Supply Chain Management Public Tender Meetings

accordance with the Board's requirements. Compliant Operation Strategic Partnerships

Partners

Product Quality and Safety Exchange and Visits

Serve as the ESG and climate-related liaison for respective departments to support

the implementation of daily ESG tasks (e.g. providing relevant ESG data and infor- Emissions and Waste Management Community Volunteer ActivitiesESG Working Group

mation). Clean Technology Opportunities Philanthropy Projects

Coordinate stakeholder engagement activities related to ESG matters. Community the public and Community Investmentmedia17 2025 Environmental Social and Governance (ESG) Report Responsible Governance Achieving Sustainable Value Creation 18

Materiality assessment

The latest guidelines issued by the Shenzhen Stock Exchange (SZSE) further clarify and emphasize the dual materiality principle Review and confirm materiality analysis results

balancing the importance of both impact and financial materiality. On this basis Senior systematically incorporated dual material-

ity assessment in its ESG management and information disclosure this year focusing more on the combined impact of ESG topics Conduct dual materiality analysis Based on international mainstream sustainability

in terms of their effect on external environments and stakeholders as well as their financial impact on the Company's operations reporting standards the focus topics of leading

and value creation. Through various ESG communication methods we engage stake-

holders through surveys interviews etc. to gather feedback on domestic and international peers and advice

In the assessment process Senior evaluated and analyzed 20 ESG topics identified from both financial materiality and impact their level of concern and comments on ESG topics. On that basis from professional ESG consultants we review

materiality perspectives focusing on key topics that may have a positive or negative impact on its value providing a reference for following relevant ESG reporting guidelines the identified ESG top- and verify the materiality analysis results and

ESG topic management and related decision-making. ics undergo dual materiality assessment: determine the final dual materiality topics and

their assessment results.Identify and update the ESG topic list

Based on the existing topic list we systematically review and update ESG topics and form an ESG topic list that Impact materiality assessment: Assess the potential positive and

covers our actual business activities. Specific analysis dimensions include: negative impacts of each topic take into account factors such as the

scale scope irreversibility and likelihood as well as stakeholder

survey results and expert ratings and form an impact materiality

Policy and regulatory trends: Closely track national strategic directions systematically study national and local conclusion.policies and industry regulations and identify key sustainability topics of the industry.Financial materiality assessment: Identify risks and opportunities

Corporate development planning analysis: Based on the Company's business strategy operational priorities and related to each ESG topic analyze their potential impact on business

annual development plans identify topics of significant importance for the Company's medium- and long-term operations financial status and performance and set quantitative

development. thresholds to determine whether the impact is financially material.Information disclosure standards: Refer to SZSE's sustainability reporting guidelines GRI standards United Na-

tions SDGs SASB and ISSB disclosure guidelines etc.Capital market concerns: Refer to core topics of interest identified by major ESG rating agencies and index sys-

tems.Peer benchmarking: Benchmark the sustainability reports of leading domestic and international peers and identi-

fy common ESG topics widely concerned and disclosed by the industry.Identify the Company's business activities and stakeholders

We sort out our primary business activities both upstream and downstream and their position in the value

chain and clearly define the types and nature of their relationships. At the same time we identify and confirm

key stakeholders who may be impacted by its business activities.Step4

Dual materiality 2 Step3assessment process Step

Step119 2025 Environmental Social and Governance (ESG) Report Responsible Governance Achieving Sustainable Value Creation 20

Senior's Dual Materiality Matrix Corporate governance

Governance structure

5

12 The Company strictly adheres to the Company Law of the People's Republic of China the Securities Law of the People's Repub-1 lic of China and relevant securities regulations and has established a standardized corporate governance structure. During the

Reporting Period corporate governance operations were conducted in a standardized and orderly manner and each governance

body performed its duties in compliance with the law achieving effective decision-making execution and supervision with par-

2 13 15 10 ticular attention given to safeguarding the legal rights of minority investors.4

14 In 2025 the Company made significant optimizations to its governance structure. According to the revised Articles of Association

3 18 9 we abolished the Board of Supervisors. The responsibilities previously held by the Board of Supervisors are now assumed and 7 exercised by the Audit Committee under the Board of Directors. Additionally the Company's highest decision-making body the

6 General Meeting of Shareholders has been changed to the Shareholders' Meeting. These adjustments have further clarified the

19 supervisory powers and responsibilities and improved governance efficiency.

20

1611

Shareholders'

Meeting Strategy and Development

Management Committee

17

Remuneration and Appraisal

8 Committee

Office of the Board Secretary Board of Nomination Committee

Financial materiality Directors

Audit Committee

Environmental Social Governance Chairman

1 GHG Emissions 8 Community Investment 18 Corporate Govern-

9 Supply Chain Management ance2 Climate Response Management Representatives Supervision and Audit

10 Technological Innovation 19 Business Ethics

Department

3 Water Resource Management

11 Intellectual Property Protection 20 Risk Management

4 Green Products

12 Product Quality and Safety

5 Emissions and Waste Manage-

ment 13 Customer Service

14 Occupational Health and Safety

6 Energy Management

15 Chemical Safety

7 Clean Technology Opportunities

16 Employee Rights and Welfare

17 Employee Training and Develop-

ment

Impact materiality

Chairman's Office

Finance Center

Human Resources Center

Procurement and Logistics

Center

Marketing Center

Equipment Center

Technology Center

Operations Center

Quality Control Center

Intelligent Manufacturing

Center

Senior Shenzhen

Each Production Base21 2025 Environmental Social and Governance (ESG) Report Responsible Governance Achieving Sustainable Value Creation 22

The Company's Shareholders' Meeting has clearly defined responsibilities with a well-established Board of Directors' independence and diversity

rule of procedure that is consistently followed. The procedures for convening holding and propos-

ing matters at shareholders' meetings are in full compliance with legal regulations and the Compa- Senior continues to advance board diversity. In the director nomination and appointment process the Company emphasizes

ny's internal systems. board independence and structural diversity. We take into account factors such as gender age industry experience and profes-

sional expertise of candidates to enhance the rigor and prudence of the Board's decision-making. The current Board of Directors

Shareholders' In 2025 the Company held 7 shareholders' meetings at which 37 proposals were reviewed and comprises seven members including three independent directors accounting for 43% of the total one female director account-

Meeting approved. ing for 14% and one employee director elected by the employee representative assembly.The professional backgrounds of the Board members span diverse fields including electronics materials science economics ac-

counting and chemical engineering providing essential professional support for the Board's performance and helping improve

decision-making quality which supports the Company's long-term stable development.The Board of Directors has clearly delineated responsibilities and the procedures for convening and

holding meetings align with relevant laws regulations and systems. All Board members attend both The Company places great emphasis on the capacity to perform duties and professional development of its directors. Through

the Board of Directors meetings and the General Meetings of Shareholders exercising their powers various training sessions learning opportunities and experience sharing we continually improve the professional capabilities

in accordance with the law. They diligently perform their duties continually monitor the Company's and compliance awareness of our Board of Directors members ensuring they are well-equipped to fulfil their duties effectively.operations and actively participate in the Board of Directors meetings. By fully leveraging their pro-

fessional expertise they make prudent decisions and protect the interests of the Company and its

shareholders.Board of Directors

and Directors In 2025 the Company held 12 Board meetings at which 76 proposals were reviewed and ap- Investor communication

proved including proposals on regular reports equity distribution share repurchase equity incen-

tives planned issuance of H-shares and revisions to internal policies. The Company remains focused on its investors and continuously improves its investor relations management system. Based on

the Investor Relations Management System it regulates investor communication and information disclosure. Focused on infor-

mation disclosure regular communication and special exchanges we maintain regular communication with investors through

various channels such as public announcements shareholder meetings performance briefings investor exchange activities and

SZSE's interactive platform responding promptly to investor concerns. The Company also emphasizes the quality of information

In 2025

disclosure following the principles of truthfulness accuracy completeness and timeliness thus promoting the continuous im-

provement of governance level and communication transparency.The Company held 1 Stra- 5 Audit Committee 2 Remuneration and 1 Nomination Com- 4 Special Meetings of

tegic and Development meetings Appraisal Committee mittee meeting Independent Directors

Management Committee meetings In 2025 the Company

meeting

Communicated with

Held 4 investor communi- Replied to 121 investor Published 199 disclo-

cation events over 600 investors inquiries on SZSE's inter- sure announcements

through phone or email active platform23 2025 Environmental Social and Governance (ESG) Report Responsible Governance Achieving Sustainable Value Creation 24

Antitrust and fair competition Risk management

The Company has established an antitrust and fair competition management mechanism. At the governance level senior man-

agement is responsible for supervising and managing antitrust and fair competition matters regularly listening to compliance

reports and promoting the implementation of risk control measures; the Board supervises significant compliance risks to ensure Management philosophy

that the Company's business activities comply with antitrust and fair competition laws and regulations.The Company attaches great importance to the role of risk management in corporate governance and continues to improve its

We strictly comply with the Anti-Monopoly Law of the People's Republic of China Anti-Unfair Competition Law of the People's risk management system covering strategic operational and ESG-related risks. By integrating risk management requirements

Republic of China and other relevant laws and regulations and have developed the Antitrust Guidelines which clearly regulate into the governance structure policy development and day-to-day operations the Company continuously enhances its ability to

related concepts and prohibited behaviors. We adhere to the principle of fair trading prohibiting employees from manipulating identify alert and respond to risks ensuring long-term stable development.markets exploiting privileged information or gaining improper benefits in an unfair manner. Focusing on business practices the

Company systematically prevents unfair competition behaviors such as abuse of market dominance deceptive conduct commer- Management structure

cial bribery false advertising infringement of trade secrets and false prize-based sales safeguarding fair and orderly market com-

petition. The Company has established a risk management and internal control governance structure centered around the Board of Direc-

The Company continuously carries out antitrust and fair competition advocacy activities by publishing compliance guidelines tors. The Board of Directors as the highest decision-making body for risk management bears the ultimate responsibility for the

internal notices and thematic publicity materials to strengthen employees' compliance awareness. It also organizes regular train- establishment and effective operation of the Company's overall risk management and internal control system; the Board's Audit

ing incorporating antitrust and fair competition content into onboarding training and specialized training for key positions. Committee is responsible for supervising internal control and risk management efforts; management is responsible for organizing

and implementing routine risk management and internal control operations. A clear and balanced management mechanism is

thus formed.In 2025 we further optimized our governance structure by strengthening the supervisory functions of the Audit Committee and

During the Reporting Period clarifying that the Audit Committee shall perform the original supervisory duties of the Board of Supervisors. Additionally we fur-

ther improved our governance participation mechanism by adjusting the Board seat structure and adding employee directors to

enhance the systematic and effective risk supervision and response.The Company was not involved in any cases of unfair competition or any significant lawsuits related

to unfair competition and was not subject to any administrative penalties. Management policies

The Company strictly complies with the Audit Law of the People's Republic of China and other relevant laws and regulations as

well as the provisions of the Articles of Association and has formulated and implemented the Internal Control and Audit Man-

agement System Internal Control Procedures and other policy documents clearly defining the responsibilities and operational

requirements for internal control and risk management.Management practices

Improvement of internal control

The Company focuses on streamlining key operation management processes systematically identifying critical risk control points

across its business workflows. Based on this we have established a process-centered internal control system to ensure compli-

ance in business activities protect asset security and guarantee the accuracy and completeness of financial reports and related

information.In 2025 the Company's internal audit department in line with the latest organizational structure systematically reviewed relevant

management policies and approval authorities. The Group and Subsidiary Authorization Manual was revised and the OA approval

process was continuously optimized. Additionally the approval authority configurations for information systems such as ERP SAP

MES SRM and HR were further streamlined providing institutional and system support for resource integration and clear division

of responsibilities.25 2025 Environmental Social and Governance (ESG) Report Responsible Governance Achieving Sustainable Value Creation 26

Internal Audit and Control Flowchart

Direct

Request responsible Yes Prepare Yes Yes Carry out YesReview Approve the audit Prepare the Preliminarily Review the Review the Finalize the

Follow up

an audit leader of the department audit notice work audit report review the report report again report

on the audit

report closure

No No No

Supervision Approval by

and audit Supervision Supervision Supervision Supervision Supervision Supervision the senior Supervision

department (a and audit and audit and Audit Responsible and Audit and Audit and Audit Responsible executive in Chairman/ and Audit

senior executive department/ department/ Department/ Leader Department/ Deportment/ Department/ Leader charge of the CEO Department/

requests an audit officer audit officer Audit Manager audit officer audit officer Audit Manager responsible audit officer

audit) department

Carry out audit

based on the Direct The senior executive

audit work plan responsible

signed by the leader reviews Confirm the

Supervision and in charge of the The Chairman/

timeframe and Approve whether Perform Audit Report Audit Department responsible CEO signs off on

Follow

Chairman/CEO and approves the Audit Notice scope of the the audit should the audit Audit Rectification provides department confirms the punishment

up on

or a special reasonableness audit proceed Confirmation Letter disciplinary the persons to be report and audit

the audit

audit request of the recommendations punished and the decision closure

from senior audit project punishments

management

Form Responsible

Internal Audit

Department ControlProcedure Flow27 2025 Environmental Social and Governance (ESG) Report Responsible Governance Achieving Sustainable Value Creation 28

Enhancement of risk management and supervision Management structure

The Company has established a management process covering risk identification assessment and prioritization in accordance

The Company has established a business ethics governance structure centered around the Board of Directors with the Board be-

with relevant national laws and regulations and defined risk monitoring standards and methods. The Supervision and Audit De-

ing ultimately responsible for business ethics and anti-corruption efforts. The Board's Audit Committee is responsible for supervis-

partment conducts routine and special audits of subsidiaries quarterly and together with due diligence interviews focuses on

ing business ethics compliance anti-corruption and related internal control efforts while professional supervisory departments

operational compliance and ESG-related risks. It also includes qualification certificate management in work safety and environ-

are responsible for specific execution and daily management forming a three-tier governance structure comprising the Board of

mental protection in audits generates audit reports and continuously tracks rectification progress.Directors the Audit Committee and professional supervisory departments.In 2025 the Company further optimized the business ethics governance arrangement by integrating the original supervisory du-

Third-party risk assessment ties of the Board of Supervisors into the Audit Committee of the Board of Directors and introducing employee directors to partici-

pate in Board governance continuously improving the supervision mechanism and internal participation structure and enhanc-

On the basis of daily supervision and special supervision of internal control the Company engages third-party professional insti- ing the overall effectiveness of business ethics governance.tutions to conduct comprehensive risk assessments provide an independent evaluation of the effectiveness of the internal con-

trol system and issue annual internal control evaluation reports. By introducing external professional perspectives the Company

promptly identifies management shortcomings promotes targeted optimization improvements and enhances the completeness

and applicability of internal control systems.Management policies

Risk culture promotion

The Company has developed and implemented business ethics-related systems such as the Code of Conduct for Professional

The Company continues to strengthen risk management and compliance culture building by regularly providing compliance train- Integrity and Whistleblower Protection System clearly defining employee behavior standards whistleblower handling and pro-

ing to employees suppliers and partners. The training covers legal regulations company systems risk management data privacy tection requirements. The Company also conducts regular effectiveness evaluations of these systems. This policy also applies to

protection and anti-corruption to enhance the risk prevention awareness of stakeholders. suppliers.In 2025 focusing on the issuance of H-shares and global expansion the Company constructed a training system combining "ex- In 2025 the Company revised and improved core systems such as the Code of Conduct for Professional Integrity and Whistleblow-

ternal guidance internal deepening and policy implementation". A total of five special training sessions were organized covering er Protection System in line with the latest legal requirements and business development needs adding supporting implemen-

approximately 300 employees with a total training duration of nine hours further strengthening compliance duties and risk pre- tation rules and updating whistleblower contact information. The Integrity and Self-Discipline Commitment was also revised and

vention capabilities among all employees. employees in key positions were required to sign it continuously improving the business ethics system.Business ethics Management practices

Management philosophy Integrity management

The Company consistently upholds principles of lawful operation and The Company clarifies employee integrity responsibilities through the signing of the Commitment to Professional Integrity and

good faith treating all stakeholders fairly and implementing a zero-toler- implements a zero-tolerance policy for bribery corruption and other behaviors that harm its interests. We include significant vio-

ance policy for any actions that violate integrity standards. Through con- lations in the performance appraisal of management and implement an accountability system to ensure the fulfillment of respon-

tinuous efforts to strengthen integrity development the Company contin- sibilities.ually improves employee self-discipline and supervision mechanisms to We have also established a standardized reporting acceptance and investigation mechanism led by the Supervision and Audit De-

effectively prevent and address illegal and unethical behavior ensuring partment and cooperate with relevant departments to conduct investigations and processing ensuring whistleblower protection

overall integrity within the workforce. On this foundation the Company with information isolation and avoidance measures. Any acts of obstruction or retaliation against investigations are dealt with

focuses on enhancing employees' professional ethics thereby laying a strictly in accordance with company regulations and in serious cases are referred to the judicial authorities in accordance with the

solid talent foundation for the healthy development of the business. law.29 2025 Environmental Social and Governance (ESG) Report Responsible Governance Achieving Sustainable Value Creation 30

Complaint and Whistleblowing Handling Process Metrics and targets

In 2025 the Company set the following management targets regarding business ethics and anti-corruption manage-

ment and all targets were achieved:

Fo r e l i g i b l e co m - The team will con- U p o n co m p l et i o n Relevant personnel

plaints Senior's su- duct investigations of the investigation will be required to

pervision team will gather evidence re- a decision and ex- correct any identi-

process them within cord the investigated p l a n at i o n w i l l b e fied issues and fol-

five working days. matters and analyze provided within 15 low-up actions will Target

and organize the ma- working days. be taken.terials. Establish clear ethical guidelines and corporate values

Whistleblowing Channels Strengthen education and awareness of all employees

through onboarding and specialized training

xyjc@senior798.com Senior Supervision 0755-36800999-8707

Complaint and whistle- Sunshine agreement re- Establish and improve internal controls and supervi WeChat official account

blowing email porting hotline sory mechanisms

Promote supply chain partners' compliance with busi-

In 2025 ness ethics requirements through the signing of the

Sunshine Agreements and other means

The Company received 1 whistleblower report which has been investigated and resolved.Continue to strengthen compliance management to

Business ethics audit and risk assessment ensure that the Company's conduct conforms with laws and regulations

In 2025 the Company conducted routine audits project audits and special audits at various bases embedding business ethics re-

views into all audit projects covering all businesses entities and processes. Simultaneously the Company conducted systematic

business ethics risk assessments establishing a "whistleblowing - verification - accountability - rectification" closed-loop manage-

ment mechanism identifying key risks and formulating targeted improvement measures.Integrity promotion Progress

Through training education and execution of commitments the Company continu- The Company completed the improvement of its institutional

ously strengthens the awareness of business ethics and anti-corruption. In 2025 the system

Integrity and Self-Discipline Commitment was updated and 111 employees in key po-

sitions signed it. The Company organized five anti-corruption training sessions

at domestic and foreign bases

Regarding business ethics and anti-corruption the Company held five training sessions

throughout the year covering integrity anti-corruption and prevention of legal risks in The reporting mechanism was running effectively with one

occupational crimes involving the Company. The total training duration was five hours report properly handled and closed and no corruption-relat-Integrity promotion

with 258 participants including management at supervisor level and above as well as ed lawsuits occurred

employees in key positions. The compliance management level of suppliers was further

improved

In 2025

By embedding anti-corruption and business ethics into gov-

A total of 5 anti-bribery and anti-corruption training sessions were conducted with a cumulative duration ernance processes and culture the Company provides a solid

1290 258 foundation for sustainable developmentof hours and participants.02

Green

Development

Moving Toward a Better Future

Material Topics in This Section

Emissions and Waste Management

Energy Management

Climate Response

GHG Emissions

Green Products

Water Resource Management

Clean Technology Opportunities

Response to United Nations Sustaina-

ble Development Goals (SDGs)33 2025 Environmental Social and Governance (ESG) Report Green Development Moving Toward a Better Future 34

Green products Green product applications

To comprehensively reduce carbon emissions and resource consumption throughout the product lifecycle and further enhance

the environmental and sustainability performance of products Senior continuously expands the application scenarios for green

Management philosophy products. Each year the Company organizes joint incubation of green products through the Technology Center Quality Control

Center ESG Office Environmental Safety Department and relevant manufacturing departments.Senior actively supports the national "Dual Carbon" strategy focusing on the research and application of green products. The In 2025 based on the existing collaboration mechanism the Company established the New Industry Division to systematically

Company adopts a customer-driven approach guided by a research and development strategy of "focusing on internal devel- promote clean energy planning investment and implementation providing stronger organizational support for driving green

opment supported by external cooperation and advancing iterative upgrades." We continue to advance clean technology inno- product innovation and low-carbon strategy implementation.vation and expand the application of green products from new energy vehicles to areas such as green hydrogen and seawater

desalination. Additionally environmental protection principles are integrated throughout the entire product lifecycle aiming to

minimize environmental impact.Management policies

ESG Office Environmental

Senior strictly adheres to national and local regulations including the Environmental Protection Law of the People's Republic of Safety DepartmentQuality Control Manufacturing

China and the Environmental Impact Assessment Law of the People's Republic of China ensuring that all operational activities Center

Technology Develop the Com- Monitor the envi-

departments

New Industry

comply with national environmental protection requirements. Furthermore the Company continuously improves its internal Center Strictly control pany's sustaina- ronmental impact Transform R&D Division

management system by formulating and implementing regulatory documents such as the Environmental Substance Management t h e q u a l i t y o f ble development of clean technol- a c h i e v e m e n t s

List the Document Management Procedures and the Production Process Control Procedures . A systematic approach is employed Fo c u s o n c u t- products after strategy and inter- ogies during the i n t o a c t u a l O v e r s e e t h e

ting-edge R&D the application nal implementa- implementation production ap- operation and to promote green product innovation and to identify and manage potential environmental risks throughout the product lifecycle. and innovation of clean technol- tion procedures and ensure that plications en- m a n a g e m e n t

in clean technol- ogies ensuring p r o m o t i n g t h e production activ-Management practices suring efficient

of new R&D and

ogies exploring that product per- research and ap- ities comply with implementation investment busi-

new materials formance meets plication of green e n v i ro n m e n ta l of clean technol- ness.and processes products. regulations and

Investment in clean technologies high standards. ogies on produc-for clean pro- the sustainability tion lines.duction. strategy.Senior plans to increase investment in clean technologies year over year based on its actual situation fostering green product

innovation and development. It improves its clean production management processes and establishes a dedicated Clean Tech-

nology R&D and Application Steering Group led by the General Manager. The clean technology R&D team sets clear annual goals Industry low-carbon standards development

assigns an implementation team to carry out the clean production plan and reviews progress while also conducting training to

promote clean philosophy and technologies. Senior actively responds to international regulatory requirements such as the Regulation (EU) 2023/1542 of the European Par-

liament and of the Council Concerning Batteries and Waste Batteries and the European Union's (EU's) restriction on the use of

In 2025 we focused on resource recycling and low-carbon empowerment working in parallel on efficient recycling technology

undecafluorohexanoic acid (PFHxA) and PFHxA-related substances by continuously increasing investment in the R&D investment

promotion and photovoltaic system optimization upgrading the efficiency of green production lines.of environmental protection materials. The Company is advancing technological research on non-fluorinated colloidal products to

Innovation in exhaust gas recovery Improvement in photovoltaic power generation efficiency replace polyvinylidene difluoride (PVDF) ensuring that products align with the market's green entry standards. Additionally the

Senior Shenzhen developed and Senior Nantong has installed water diversion clips on roof Company has joined the China Battery Industry Environmental Product Declaration Platform Technical Committee and the Battery

applied gas separation membrane photovoltaic modules effectively alleviating the impact of Industry Carbon Emission Standard Working Group playing an active role in the development of industry environmental stand-

technology for dichloromethane accumulated dust on power generation efficiency. Com- ards and carbon emission accounting systems. These efforts contribute to the green and low-carbon transformation of the battery

recovery. This technology signifi- pared to 2024 the base's photovoltaic power generation

industry.cantly outperforms existing recy- Install a water guide clip

cling systems in terms of gas treat- efficiency improved by about 1 % resulting in an addi- In 2025 the Company led the drafting and release of the Greenhouse Gas Emission Accounting Requirements for Lithium-Ion Bat-

ment capacity and it has a longer

tional 220000 kWh of electricity equivalent

service life and lower operating tery Separator Manufacturing Enterprises Greenhouse Gas Emission Accounting and Reporting Requirements: Battery Separator

costs. The exhaust gas recovery to saving about 27 tons of standard coal and reducing Enterprises and Design Specifications for Green Low-Carbon and Efficient Integrated White Oil Extraction Recovery and Recy-

system has been installed and is 219 ASEAN Base cling in Wet-process Lithium-ion Battery Separators continuously improving the industry's full value chain sustainability stand-in the preparation stage for use. CO2 emissions by approximately tons. Photovoltaic ards driving the industry toward a more low-carbon efficient and circular direction.Grid connection of photovoltaic project

The first phase of the photovoltaic project at ASEAN Base has been success-

fully connected to the grid and commenced power generation.35 2025 Environmental Social and Governance (ESG) Report Green Development Moving Toward a Better Future 36

Achieving EU NG Gold Level Certification Leading

the Industry's Green Development Photovoltaic/waste heat recovery

Senior Jiangsu uses waste heat from the basement of Workshop IV to

In February 2025 Senior successfully obtained the EU NG Gold Level Certification be- supply hot water through an air-source heat pump. It has also promoted

coming the first company in China's lithium-ion battery separator industry to receive this heat recovery from coating equipment ovens improving energy efficiency

highest rating. The certification is endorsed by the EU focusing on evaluating a Compa- through multiple actions. Basement residual heat used with air

ny's leadership in green transformation highlighting Senior's excellence in ESG. source heat pump to supply domestic hot

water

Improving resource efficiency Distributed photovoltaic grid connection

Senior Foshan has implemented a distributed photovoltaic power gen-

eration project revitalizing about 90000 square meters of plants' roof

Management philosophy space and 21000 square meters of carport space. The project has a total

installed capacity of 22800 kWp and operates under a "self-consumption

Senior is committed to utilizing intelligent and digital technologies to achieve the scientific allocation and efficient use of energy with surplus fed to the grid" model with an expected average annual pow-

and resources with a focus on reducing GHG emissions throughout the entire product production process. The Company reduces er generation of around 18 million kWh. The project was first connected

Senior Foshan photovoltaic power

energy consumption through the establishment of a comprehensive energy management system the optimization of the energy to the grid for trial operation in May 2025 and reached full-capacity grid

generation project

structure using intelligent platforms and the expansion of green electricity applications. At the same time we develop water-sav- connection in November 2025.ing technologies promote water conservation concepts and continually enhance the efficiency of resource utilization.Management policies Energy saving in air conditioning systems

Senior Nantong has launched an air handling unit phase change energy optimization project effectively

The Company strictly complies with the Law of the People's Republic of China on Energy Conservation and the State Council's reducing air conditioning energy consumption during the summer through technological upgrades and op-

Decision on Strengthening Energy Conservation along with other relevant laws and regulations. We have formulated and imple- timization of operating parameters continuously improving energy utilization efficiency.mented the Energy Management Measures and established a dedicated inspection team. In addition each base according to its

specific circumstances has developed internal management systems such as the Energy Procurement and Use Management Sys-

tem the Energy Performance Management System and the Energy Procedure Document . These systems aim to clarify the basic

principles of internal energy management standardize the energy procurement process and regularly assess energy manage- In 2025 the Group achieved

ment performance.Furthermore we strictly adhere to the Water Law of the People's Republic of China and other national and local laws and regula-

tions applicable to our operating locations. The Company has established the Water Conservation Management System . For each

base we have developed internal systems such as the Water Metering Management System and the Water Equipment Manage-

ment System . These efforts focus on continuously improving employee water-saving awareness and the Company's overall water Self-generated photovoltaic power:

resource management capabilities. 41005533.20 kWh

Management practices

Energy management

In daily operations Senior regularly conducts energy audits to systematically assess and analyze energy consumption at each

production base and for major energy-consuming equipment continuously improving energy usage efficiency. At the same time Purchased green certificates:

the Company actively uses digital technologies to empower energy management and promotes photovoltaic power generation 38328 MWh

waste heat utilization and energy-saving technical modifications at each base pushing the energy structure toward a green

low-carbon transformation.37 2025 Environmental Social and Governance (ESG) Report Green Development Moving Toward a Better Future 38

Senior Recognized as a By the end of 2025 Material and packaging material management

"Green Factory in Jiangsu Province"

Exemplifying Green Manufacturing Senior Nantong has obtained the Senior is dedicated to improving the recycling rate and environmental characteristics of packaging materials:

Senior actively practices the ESG concept deeply integrating sustainable de- ISO 50001 Energy management Packaging material recycling

velopment into its strategy and operational practices. The East China Base systems certification.(Nantong) was awarded the "2024 Green Factory in Jiangsu Province" recogni- The Company collaborates with key customers to establish packaging material recycling plans to increase the utili-

tion from the Department of Industry and Information Technology of Jiangsu zation rate of packaging materials such as cores standing cards white film paper tubes and cardboard boxes.Province. This accolade reflects the Company's systematic achievements in

environmental protection efficient resource utilization and energy consump- Nearby reusable packaging

tion management.For nearby customers with high order volumes the Company employs reusable packaging to reduce packaging

material consumption.Selection and substitution of packaging materials

The Company prioritizes the use of renewable wood and new composite cushioning materials and substitutes

cardboard boxes for wooden crates and plastic pallets for wooden pallets to further achieve packaging material

ISO 50001 Energy Management replacement reduction and recycling promoting green and sustainable supply chain development.Systems Certificate

Emissions and waste management

Water resource management

Senior strictly complies with national and regional water resource-related laws and regulations. The group coordinates all bases Management philosophy

to actively promote water-saving and consumption-reducing projects by establishing a digital water resource management sys-

tem conducting water-saving awareness training for all employees and implementing regular water equipment inspections and Senior is committed to reducing waste generation at the source by focusing on raw material selection production process optimi-

maintenance to reduce water consumption intensity in production operations. zation and improving production efficiency. We utilize emissions and waste management systems to ensure all waste is classified

and handled in compliance with regulations minimizing the environmental impact of our business operations while achieving a

balance between economic growth and environmental protection.Senior Conducts water balance tests to improve water resource utilization efficiency completes calibration of wa-

Jiangsu ter-saving metering devices to ensure data accuracy and reuses treated wastewater in cooling towers to achieve Management policies

zero wastewater discharge.Senior strictly adheres to national laws and regulations such as the Law of the People's Republic of China on the Prevention and

Control of Atmospheric Pollution and the Law of the People's Republic of China on Prevention and Control of Environmental Pol-

lution by Solid Waste as well as local regulations on waste discharge in operational locations. We continuously strengthen the

Senior Recovers condensate water from steam and uses it as boiler makeup water to effectively reduce natural gas monitoring and management of emissions and waste discharge. In line with the ISO 14001 certification standard each base has

Nantong consumption and the amount of new water required for steam boilers achieving reduction in both energy and developed and implemented procedures such as the Solid Waste Control Procedure the Wastewater Control Procedure the Ex-

water consumption. haust Control Procedure and the Hazardous Waste Management System aiming to reduce pollutant discharge through standard-

ized environmental management measures.Each base of the Company has established an environment health and safety (EHS) department responsible for identifying and

Senior has set up specialized water-saving working groups at each base to strictly monitor the progress of water resource manage- monitoring factors such as air quality noise and wastewater. This department determines monitoring frequencies uses reference

ment and perform real-time supervision and precise statistics on water resource consumption data. During the Reporting Period standards and regularly compiles data into reports. Additionally we engage external professional organizations for annual test-

the Company's overall water source was compliant municipal water supply. ing with reports provided by them.39 2025 Environmental Social and Governance (ESG) Report Green Development Moving Toward a Better Future 40

By the end of 2025 Wastewater Treatment Process Discharge/Recycling Status

Senior's 6 bases have obtained ISO 14001 Environmental management systems certification. Coating wastewater is treated with a combination of physi-

co-chemical treatment MBR biological treatment and sand-car-

bon filtration with ultrafiltration and RO membrane reverse os- In 2025 both types of waste-

Senior Foshan mosis systems for wastewater reuse. water achieved full recycling.Wet-process wastewater is treated with a combination of Fen-

ton oxidation hydrolytic acidification contact oxidation and

sand-carbon filtration.Treated water meeting stand-

Senior Wastewater is treated through flocculation-sedimentation and bi-

Jiangsu ards is reused in the plant ological treatment followed by advanced RO membrane filtration.cooling towers.Management practices Coating wash and slurry wastewater is treated using two-stage co-

agulation-sedimentation and sand filtration. Treated water meeting stand-

Senior

Exhaust management Nantong Wastewater from exhaust gas treatment facilities is treated with ards is discharged in accord-

Fenton oxidation AAO biological treatment multi-media filtration ance with regulations.The EHS management department at each base follows the Exhaust Control Procedure to identify sources and types of exhaust and activated carbon filtration as a combined process.gas emissions and regularly conduct measurements of emission concentrations and total volumes. The Company continuously

improves its exhaust gas management level by optimizing production processes installing high-efficiency exhaust gas treatment After preliminar y treatment Wastewater undergoes primary treatment using a combination of

facilities and setting up online monitoring systems. wastewater is uniformly sent to

Senior Hefei Fenton reaction coagulant dosing flocculation-sedimentation a wastewater treatment plant for

and filter press processes.subsequent advanced treatment.Combined exhaust Process exhaust gas Low-nitrogen boiler Dual filtration of

gas treatment treatment upgrade particulate matter

Senior Foshan uses a com- Senior Nantong uses elec- Senior Hefei equips its Senior Europe treats par-

bination of compressed trostatic oil removal and boilers with high-efficien- ticulate matter generated

condensation membrane two-stage activated car- cy low-nitrogen burners to from the coating produc- 2025 年 Solid waste management

separation and activated bon adsorption facilities effectively reduce nitrogen tion line through medi-

carbon adsorption to treat for workshop exhaust from oxide emissions. Regu- um- and high-efficiency Senior generated a total of 122876 cubic In accordance with the Solid Waste Control Procedure and

dichloromethane exhaust extrusion and stretching lar monitoring of burner filters before discharge. the Hazardous Waste Management System EHS depart-

gas. Third-party accredit- processes achieving operation and parame- Post-treatment particulate meters of industrial wastewater of which 69156 ments production teams and warehousing and logistics

ed agencies are regularly efficient purification and ters ensures stable and levels fully comply with groups at each base are responsible for managing all waste cubic meters were reused resulting in an industrial

engaged for sampling and compliance with relevant controllable low-nitrogen local environmental emis- generated. This includes ensuring classification compliant

testing ensuring efficient standards. combustion performance. sion standards. wastewater reuse rate of approximately 56.28 %. transportation and proper disposal by third-party profes-

purification and stable sional organizations.compliance with emission

standards.General waste

Wastewater management

General industrial waste domestic waste and construction waste are collected from each unit's waste bins transported

According to the Wastewater Control Procedure Senior coordinates the compliant treatment and resource utilization of wastewa- to temporary collection points and regularly taken offsite.ter at each base adopting differentiated treatment plans for wastewater produced in different production stages.41 2025 Environmental Social and Governance (ESG) Report Green Development Moving Toward a Better Future 42

Solid waste Strategy

Dedicated hazardous waste warehouses are established for centralized classification and storage as well as management To actively respond to the risks and challenges presented by climate change the Company focuses on low-carbon technological

by designated personnel. All hazardous waste is registered in the government monitoring system and transported regu- innovation in our products while continuously strengthening the GHG emissions management. We are committed to promoting

larly for disposal by a qualified third-party organization. The specific management process is as follows: energy conservation carbon emission reduction and improving the Company's climate resilience.Each department collects and transports hazardous waste to designated warehouses where the GHG emissions management

Transpor- waste is labeled with hazardous waste labels generated by the "Environmental Monitoring" system.tation The transportation process ensures no leakage or spillage. Senior manages GHG emissions across three key areas: Company operations factory construction and production activities and

has developed the Senior GHG Assessment Procedure. In parallel we support the Company's low-carbon operations through vari-

ous measures including management improvements green office initiatives and carbon audits.The responsible person in the hazardous waste warehouse receives the waste fills out the Hazardous

Receipt Waste Storage Process Record and transfers the waste to the designated area.Carbon targets

Based on the Environmental Factors Identification and Evaluation Form risk management is carried Guided by our long-term vision of achieving carbon neutrality we have established phased emission reduction targets and clear

out to assess the negative impact of different types of waste on the ecological environment. Waste is quantitative pathways to systematically advance our low-carbon transition. The specific targets are as follows:

Classification classified according to its risk level and stored in sealed containers with mixing strictly prohibited.and storage The responsible person verifies the type and quantity of hazardous waste with the EHS department

before it is stored. Using 2024 as the base year reduce Using 2024 as the base year reduce Achieve peak greenhouse gas emis-

Scope 1 and Scope 2 greenhouse gas Scope 3 greenhouse gas emission sions at our production bases in Chi-

emission intensity per unit of prod- intensity per unit of product by 6% na by 2030

A qualified third-party organization is contacted for regular transportation and compliant disposal uct by 5% by 2029 by 2029

Disposal creating a hazardous waste transfer form.Management improvement

Management representatives Responsible for approving GHG policies emission reduction strategies goals and

Climate response related policy statements.Convene and lead GHG management review meetings review the execution pro-

gress of GHG projects reported by the ESG Office and assess GHG performance.Governance Promote the implementation of GHG projects and provide necessary resources.ESG Office Develop GHG policies emission reduction strategies goals and related policy statements.Senior fully recognizes the significant impact that climate change may have on our customers operations employees and local

communities. In response to the challenges posed by climate change we have integrated climate-related oversight and manage- Establish an internal emission reduction metrics system.ment into our existing governance framework. Coordinate internal carbon assessment implement and maintain the ISO 14064 standard set organiza-

tional boundaries and identify sources of the Group's GHG emissions.The Company's Senior Management: Oversees the Company's direction in addressing climate change monitors

Plan the GHG work for the Company and each base and coordinate with relevant departments.industry trends reviews climate-related risks and opportunities and incorporates these insights into the Com-

pany's overall strategic decision-making. Organize annual internal GHG calculation analysis and verification work.Report the progress of GHG project execution to the management representative.ESG Office: Responsible for deploying and implementing climate change initiatives reporting to senior man- GHG Assessment Team Track allocate and implement emission reduction tasks across departments.agement and providing execution support and assurance for operations at relevant bases. Identify GHG emission sources in the department and collect GHG emission data for the

department.43 2025 Environmental Social and Governance (ESG) Report Green Development Moving Toward a Better Future 44

Carbon assessment and audit Risk management

Under the Company's ESG strategic framework we have established a dedicated GHG Assessment Team coordinated by the ESG

Office to conduct annual carbon emission inventories at each production base. We strictly adhere to the ISO 14064-1 standard Climate-related risk identification

星源材质积极倡导绿色办公，通过节约能源及减少耗材使用提升资源效益： and systematically identify and document carbon emission sources across the entire production and operational process in ac-cordance with the Senior GHG Assessment Procedure . We scientifically calculate and manage the relevant carbon emission data. We fully recognize the risks and opportunities associated with climate change and proactively respond to the challenges it pre-

To further enhance the credibility and transparency of this data we engage a third-party organization with professional qualifica- sents. Our objective is to manage business exposure to fluctuations and identify growth opportunities thus contributing to the

tions to independently audit the carbon assessment results. This independent audit ensures the accuracy and compliance of the Company's long-term sustainable development.data providing robust support for the Company's sustainable development goals.In addition we have initiated the accounting of Scope 3 GHG emissions by identifying seven categories of Scope 3 emission sourc- Risk Specific Description Potential Impact Mitigation Measures

es. We also calculated the proportion of emissions from each category to support the identification of future emission reduction

Establish an emergency man-

priorities. The scope of this carbon verification covers the Group headquarters Senior Nantong Senior Jiangsu Senior Chang-

The Company's operational agement system and regularly

zhou Senior Foshan and the ASEAN base.entities including industri- The Company may suffer conduct climate change risk

0.14% 2.03% al parks office buildings from extreme weather

assessments.Acute physi- and employee dormitories events leading to depre- Set up a remote work mecha-

0.20% Purchased goods and services cal risks may be impacted by ex- ciation and damage to nism to improve resilience to

76.17% Fuel- and energy-related activities treme weather events such fixed assets as well as extreme weather.0.04% as typhoons floods heavy production delays.

1.22% (not included in Scope 1 and Scope 2)

Equip emergency devices and

rainfall and droughts. conduct emergency rescue

Upstream transportation and distri- Physi- training.cal

20.20% bution risks The Company may experi-

Waste generated in operations Climate change factors such Strengthen water quality man-ence extreme weather

as rising temperatures agement and establish backup

Business travel Chronic phys- conditions resulting in sea-level rise unstable water sources.deterioration of air and

Employee commuting ical risks water resources and land water quality as well as Provide a high-quality office

desertification may lead to

Downstream transportation and dis- health issues for employ- environment and focus on em-severe weather conditions.ees. ployee occupational health.tribution

Green office Policies on energy use The Company and stake- Closely monitor policy changes

Policy and waste management green holders may be subjected to ensure timely understanding

Senior actively promotes green office practices to improve resource efficiency through energy conservation and minimization of buildings environmental to legal liability due to legal risks and compliance with relevant information disclosure etc. non-compliance with

material usage: laws and regulations.are increasingly tighter. regulations.The Group and each We use environmen-

We promote electricity conservation by base adopt elec- tally friendly and Expand green products and ser-

Environmental protection

regularly conducting 7S inspections (Sort tronic workflows to recyclable office sup- vices to meet market demand

plies instead of non- concepts are deeply in- The Company may experi- and lead industry development.Set in Order Shine Standardize Sustain achieve a paperless Tran-

sition grained and customers' fo- ence a decline in compet-

Safety and Spirit) and strictly regulating office environment. green alternatives. Market riskrisks cus on energy conservation itiveness due to market Implement a digital energy con-

air conditioning temperature settings to no and emissions reduction is preference choices. sumption management system

lower than 25℃ . We also post clear ener- We have launched a continually increasing.to improve operational efficien-

cy.gy-saving signs in all office areas covering clean plate campaign

lighting facilities and air conditioning saving energy and The Company may face Pay close attention to industry

controllers to remind employees to adopt reducing resource Innovations in energy tech-Technology obsolescence due to tech- developments and manage

energy-saving practices. nologies may change the waste. nological innovations that technological risks through risk development trends of the create product technical innovation and process optimi-

industry.bottlenecks. zation.45 2025 Environmental Social and Governance (ESG) Report Green Development Moving Toward a Better Future 46

Climate-related opportunity identification Metrics Unit 2025 2024

In addition to responding to the risks posed by climate change Senior actively pursues market and technology opportunities

within the industry. Through technological innovation and management optimization we strengthen the Company's resilience to Total GHG emissions tCO2e 360210.37 264398.54

risks and enhance its market competitiveness.tCO2e/RMB10000 in total

Category Opportunity Description Potential Impact GHG emissions density 0.87 0.75revenue

With the continuous growth in global demand for clean energy down-

stream application markets such as new energy vehicles and energy stor-

age are rapidly expanding driving a sustained increase in lithium battery

I n c rea s e m a r ket

Customer demand. This in turn fuels strong growth momentum in the separator By the end of 2025

share and improve

demand industry. The growing demand for high-performance and safe separators

profitability.a key material in lithium batteries presents new business opportunities The proportion of green electricity used across the Company's global production sites exceeded 10 % and

for the Company to expand into the high-end market drive technological

innovation and optimize capacity planning. Senior Europe has fully transitioned to 100 % non-fossil energy use in both production and office opera-

The government has introduced policies supporting the development of tions.Market Enhance project new energy and new materials encouraging companies to advance ener-

oppor- Policy e c o n o m i c s a n d

tunity gy-efficient and low-carbon technologies. With subsidies tax incentives support strengthen market Senior Europe plans to achieve 100 % renewable energy use in the short term.and other measures these policies help reduce project costs while ensur-

competitiveness.ing regulatory compliance.Improve customer

Customer As international standards such as the EU Batteries Regulation continue

s at is fact ion and

preferenc- to evolve customers' preference for low-carbon products is growing fur-

enhance brand in-

es ther driving the demand for the Company's green products and services.fluence. Ecosystem and biodiversity protection

Drive technologi-

Tech- Techno- Technological advancements in the lithium battery industry also indirectly

nology cal innovation to

oppor- logical drive innovation in the separator sector to meet customer requirements strengthen market

tunity innovation for improved product safety and cycle performance. Management philosophy

competitiveness.Senior adheres to the development concept of "Prioritizing Ecology Promoting Harmonious Coexistence" integrating ecological

Metrics and targets protection requirements into the entire production process through process optimization environmental disturbance control and ecological restoration. It continually reduces the impact of operational activities on surrounding ecosystems and promotes the

coordinated development of enterprise growth and ecological environment.To effectively respond to climate change and systematically manage climate risks Senior has incorporated relevant targets into

the Company's medium- and long-term carbon reduction strategy. The following targeted measures are being implemented to

achieve these goals:

Ecological protection and eco-friendly co-development

Senior focuses on building eco-friendly factories. Tailored to the operational characteristics of each site the Company systemat-

Break down targets into spe- Establish a corresponding Implement targeted climate risk control measures

ically implements ecological protection measures across three key dimensions: Plant greenery enhancement groundwater and

cific tasks for each base and metrics system and integrate it integrate sustainability concepts into operational

soil protection and management of human-induced disturbances. These efforts collectively strengthen the ecological safety of its

department. into day-to-day management. processes and enhance corporate climate resilience.facilities.47 2025 Environmental Social and Governance (ESG) Report Green Development Moving Toward a Better Future 48

The Company continually increases greenery coverage at each plant extensively planting eco-lawns Ecological risk prevention and control measures

Plant

greenery and large-scale trees to optimize the plant areas ecological environment. At Senior Foshan efforts focus

enhancement on restoring greenery around the site while Senior Nantong emphasizes upgrading internal landscape Senior has established a full-chain ecological safety risk prevention and control system consisting of "ex-ante assessment in-

quality tailoring measures to local conditions to strengthen ecological conservation. event control and ex-post emergency response". Differentiated control measures are formulated for various ecological risks to

fully safeguard the ecological safety of plant areas and their surroundings.In areas storing hazardous chemicals the company installs standardized containment bunds and imple- Pre-construction ecological risk assessment:

Ground-

water and ments centralized storage management ensuring anti-corrosion and impermeability facilities operate

soil pro- effectively. Regular monitoring of groundwater and soil quality is conducted and a risk warning system Ecological risk assessments/ecological impact demonstrations are conducted for new and expanded projects. Target-

tection

is in place to strictly prevent soil and groundwater pollution. ed control plans are developed in advance for identified risks and potential hazards.Key checks and assessments are conducted around the project site to determine whether it involves sensitive ecolog-

ical areas river protection zones or other key regions of ecological protection thus avoiding ecological damage risks

at the source.Management Activities such as construction and vehicle movement near plant boundaries are strictly controlled to

of human-in-

duced distur- minimize impacts on surrounding natural areas. All transport vehicles used by plants are required to

bances meet National IV emissions standards or higher effectively reducing exhaust emissions and further min-

imizing human interference with the local ecosystem.Natural disaster ecological risk prevention:

Special emergency response and risk prevention measures are formulated for natural disasters such as heavy rain-

fall floods and typhoons. Senior Nantong has completed the reinforcement of the cofferdam and Senior Foshan

Ecological restoration has carried out dam and slope reinforcement work comprehensively improving the protection capabilities of the

facilities.Senior advances ecological restoration systematically across the full project lifecycle focusing on post-construction re-greening

Senior Foshan has built a complete drainage and flood prevention system further enhancing the factory's ability to

while simultaneously conducting pre-construction ecological assessments and planning to support a positive regional ecological

respond to flood disasters and reducing ecological environmental risks caused by natural disasters.cycle.Post-construction ecological restoration: Environmental emergency response management:

At Senior Foshan following the completion of construction in the former The Company has developed specialized emergency response plans for chemical spills pollution incidents and

project office area land re-greening is carried out in full compliance with other environmental emergencies and regularly conduct drills to efficiently manage risks such as accidental leaks

ecological restoration requirements. Senior Nantong simultaneously im- fires and pollutant dispersion.plements all post-construction ecological restoration measures ensuring

restoration responsibilities are effectively fulfilled. Ecological restoration Senior Nantong has established an emergency coordination mechanism with neighboring enterprises creating a

regional collaborative prevention and control system to improve the efficiency of joint responses to environmental

emergencies.Pre-construction ecological assessment and planning:

During the Reporting Period

To ensure efficient implementation of subsequent ecological restoration both Senior Foshan and Senior Nantong

complete ecological risk assessments and develop dedicated ecological management plans before the start of con-

Senior did not conduct business activities within ecologically sensitive areas or their protection zones.struction laying a solid foundation for full-lifecycle ecological protection.03

Excellence in

Operations

Ensuring Quality and Safety

Material Topics in This Section

Occupational Health and Safety

Product Quality and Safety

Customer Service

Chemical Safety

Response to United Nations Sustaina-

ble Development Goals (SDGs)51 2025 Environmental Social and Governance (ESG) Report Excellence in Operations Ensuring Quality and Safety 52

Occupational health and safety The Company's occupational health and safety management policies apply to all employees contractors and related parties working on its premises ensuring that safety management requirements are implemented throughout the entire production and

operation process.Management philosophy In 2025 each base based on its operational characteristics and key risk areas continued to develop and refine management sys-tems related to workplace safety and occupational health.The Company adheres to the principle of "Safety First Prevention Prioritized Comprehensive Management Full Participation Senior Nantong revised the Work Safety Education and Training System by adding requirements for training record management

and Continuous Improvement" with the goal of achieving "Zero Accidents Zero Fires Zero Occupational Diseases and Zero Seri- and improved the Occupational Hazard Reporting Management System and Occupational Hazard Prevention Responsibility Sys-

ous Injuries." We maintain a people-oriented approach and emphasize the importance of primary responsibility implementation. tem to further clarify the reporting process and departmental responsibilities.By focusing on hazard identification and management we continuously enhance work safety eliminate safety hazards encourage Senior Foshan focused on key areas such as work safety and fire management formulated and implemented new systems such as the

all employees to actively participate in safety practices and establish a robust safety defense line. Hazard Identification and Control System "Three Simultaneities" Construction Project Safety Management System All-Coverage Work

Safety Responsibility System Hazardous Chemical Safety Management Regulations Fire Safety Facilities Maintenance System and Traf-

Management structure fic Safety Management System . These measures systematically improved on-site safety management and risk prevention.By the end of 2025

A three-tier management structure has been established: Base General Manager—EHS Management Department—Department

and Workshop Heads. This structure clearly defines the occupational health protection responsibilities at each level to ensure ac- Senior Shenzhen Senior Jiangsu Senior Changzhou Senior Nantong and Senior Hefei have obtained ISO 45001 Occupational

countability is implemented thoroughly and assigned to the appropriate individuals. Health and Safety Management Systems Certification.Occupational Health and Safety Management Structure

Base General Manager

The Company's primary responsible person for worksafety.EHS Management Department Bases' ISO 45001 Occupational Health and Safety Management Systems Certificates

Responsible for the development and training on safety environmental

protection and occupational health management systems; summarize Management practices

and report monthly the progress of hazard rectifications risk identifica-

tion safety training and other related tasks in each department. Occupational health management

Department Heads

The Company has established the Occupational Health Management System which regulates pre-employment on-the-job and

The primary responsible persons for work safety in theirrespective depart- exit health check-up processes for high-risk jobs. New employees are required to undergo comprehensive health check-ups.ments. Health monitoring records are maintained for all employees annual occupational disease hazard factor testing and status evalua-

tions are conducted and the use of labor protection equipment is registered. By setting up a work-related injury ledger the Com-

Management policies pany prepares documents such as the Occupational Disease Hazard Notification to comprehensively analyze employees' occupa-

tional disease status to ensure their health and safety.The Company strictly complies with national and local laws and regulations and has developed and implemented several systems The Company strictly enforces occupational health management requirements by establishing an all-inclusive health manage-

including the Work Safety Responsibility System Safety Environmental Protection Fire Safety and Occupational Health Reward ment mechanism across all bases implementing pre-employment on-the-job and exit health checks and enhancing occupa-

and Punishment Management System the Hazard Treatment and Control Procedures and the Occupational Health Management tional hazard identification and prevention. Workshops are equipped with efficient ventilation lighting systems and dust- and

System building a systematic safety and occupational health management system. We have also established a Work Safety Com- toxin-prevention facilities and key areas are equipped with gas alarm devices for real-time monitoring and ventilation coordina-

mittee responsible for coordinating safety management efforts developing annual work plans and reward and punishment mech- tion promptly reducing operational risks. Additionally the Company provides employees with appropriate personal protective

anisms and overseeing their implementation. Regular work safety meetings are held to continuously monitor key risks and track equipment properly posts occupational hazard notification cards in workshops and uses AI recognition and other technologies

the progress of corrective actions and promote the normalization of safety management practices. to continuously monitor work environments and risks gradually achieving comprehensive occupational health management.53 2025 Environmental Social and Governance (ESG) Report Excellence in Operations Ensuring Quality and Safety 54

Snior Implements three-tier safety education organizes special drills for fire safety and hazardous chemical leaks

Senior's Work Safety Management Measures

Foshan offers free annual health checks and occupational health monitoring for all employees and provides targeted

occupational health monitoring for employees in specific positions. The Company systematically conducts EHS inspections focusing on identifying risks and hazards in

areas such as workplace safety personal protective equipment chemical handling and emergen-

Senior Hefei Senior Nantong Senior Europe cy preparedness. Hazards are assessed and corrective measures are implemented. Management

Safety hazard personnel and EHS representatives oversee on-site compliance throughout the process promoting

Completes maintenance and annual Upgrades safety technical measures by Provides frontline employees inspections continuous improvement in safety conditions.inspections of the fire protection sys- adding protective fences interlock devices with personal protective equip-

tem records zero occupational dis- and AI recognition systems and conducts ment that meets CE standards

ease incidents and conducts health pre-employment on-the-job and exit health and conducts regular checks and In accordance with the Risk Source Identification and Hierarchical Control Procedures the Company

check-ups and occupational health check-ups environmental inspections grad- updates to ensure safety for high- regularly conducts risk assessments. Based on factors such as likelihood exposure level and severi-

assessments for all employees. ed control and various hazard inspections. risk positions. ty risks are categorized into four levels and targeted control measures are then developed. The EHS

department prepares the Safety Risk Control Report to facilitate implementation.Senior Foshan

In 2025 risk assessments were added for public areas such as the employee gym with risks

identified and corresponding mitigation measures defined. Major and higher-level risks were

re-evaluated against local standards and new risk items including risks in lithium battery Risk source

charging were added. identification

and hierarchical

Occupational health management - Senior Nantong Occupational health management - Senior Hefei Senior Nantong control

In 2025 major and higher-level workplace safety risks were re-assessed with new safety

Work safety management risks identified including risks in lithium battery charging rooftop photovoltaic systems and

high-voltage substations.Senior places great emphasis on work safety and employee occupational health. All bases fully implement the work safety policy

continuously improve risk prevention and accident response capabilities to ensure the personal well-being and property safety of

employees while minimizing the impact of accidents on people property and the environment. The Company standardizes man-

agement processes across four key areas: safety risk identification and management emergency management hazard identifica- For major hazard sources the Company establishes specific targets operational control plans and

tion and safety training fulfilling the responsibilities of each level to ensure safe and orderly production and operations. Critical hazard emergency response measures to ensure effective risk management.source control

The Company has established quarterly and annual safety awards implemented an accident responsibility penalty and perfor-

mance deduction system and linked major environmental protection and work safety incidents to management performance

evaluations. A "one-vote veto" system is enforced for work safety accidents. These measures aim to strengthen safety awareness The Company has prepared and regularly revises special emergency plans including the Special

and standardized management across all employees. Emergency Plan for Public Security Prevention of Explosive Precursor Chemicals the Natural Disas-

ter Prevention Management Measures the Emergency Plan for Infectious Disease Emergencies and

The Company has established a long-term mechanism for identifying and rectifying accident hazards. Each base and relevant de- the Comprehensive Emergency Response Plan for Work Safety Accidents. These plans clearly define

partment conducts hazard identification risk assessment and environmental factor identification. Hazards are classified as either the responsibilities of emergency response organizations the prevention and early warning mecha- Emergency response man-

general or major with regular company-level and workshop-level inspections conducted. The Safety Hazard Inspection Form and nisms emergency response processes post-incident disposal plans and supervisory management agement

the Risk Identification and Control Checklist are completed for closed-loop rectification. In compliance with national laws and reg- requirements thereby comprehensively enhancing emergency response capabilities.ulations the Company has developed the Work Safety Accident Reporting and Handling System which standardizes processes for

emergency plans thus enhancing the overall emergency capabilities and promoting continuous improvement in work safety.The Company strengthens contractor safety management by offering safety training for external

personnel conducting emergency education on hazardous chemicals strictly enforcing the "Three

Simultaneities" system for construction projects and regularly conducting drills and safety checks.Safety agreements are signed with contracting and leasing entities and unified coordination and

Contractor safety management are implemented to ensure timely remediation of hazards maintaining safe and con-

Work Safety Management management trolled operations on-site.55 2025 Environmental Social and Governance (ESG) Report Excellence in Operations Ensuring Quality and Safety 56

Employee safety education and training Building a Safety Line with Full Employee Participation from Experience to Drills

The Company has developed a comprehensive safety education and training program based on the characteristics of each posi- During the National "Safety Production Month" Senior carried out a series of safety enhancement actions at each base with

tion and regularly organizes emergency training and practical exercises. Training courses cover core areas such as work safety the goal of "strengthening effectiveness and encouraging full participation". Through innovation in mechanisms and scenar-

fire safety environmental safety and occupational health enhancing employee awareness of safety protection. In addition the io-based drills the Company promotes the deepening of safety management from "system requirements" to "behavioral

Company establishes a complete three-level training system for new employees according to the Training Management Stand- awareness".ards deeply incorporating work safety topics into training. New employees undergo the three-tier safety education delivered by

instructors from the EHS management department and must pass assessments before they are allowed to begin working. Through comprehensive practice combining "experience and drills" the Company continuously strengthens the foundation

of safety management and integrates safety awareness into all stages of daily production and operations further improving

its overall safety resilience.Work safety training Position-specific training Safety recognition activities

East China Base Dry Process Division

Confined space special training Safety incident case warning ed- Monthly "Sharp Eye" Incentive Launched the "Whistleblower" action and estab- Strengthened safety awareness through

Special operations safety train- ucation Monthly "Safety Improvement lished a "dual incentive" mechanism. The "Sharp knowledge competitions hazard inspections

ing Special training on the storage Expert" program and other safe- Eye" Incentive program encourages employees and comprehensive drills and carried out a

Anti-violation (three violations) use and protection of hazardous

ty recognition activities

to proactively report hazards while the "Im- month-long traffic safety campaign. Com-

training chemicals provement Expert" program guides employees bining publicity with on-site supervision the

Safety of special equipment Fire evacuation drills to propose corrective actions forming a closed- plant's traffic order was optimized while ex-

and regulations for special Pre-employment on-the-job loop system of hazard inspection and continuous periential education allowed personnel who

equipment operators safety education training and improvement. This practice has been listed as a re- violated rules to participate in supervision

assessment gional benchmark by the Emergency Management reinforcing adherence to regulations.Bureau of the Economic Development Zone.Metrics and targets

Senior Hefei Senior Foshan

Senior Hefei and Senior Nantong set work safety targets for 2025 all of Considering the characteristics of cleanrooms Conducted scenario-based practical exercises

which have been achieved. invited fire safety experts for specialized training focusing on evacuation escape firefighting

and organized fire extinguisher practice firefight- and hose connection enhancing emergency

ing drills smoke escape and evacuation exercises response capabilities under different fire con-

to enhance employees' emergency response ca- ditions.pabilities.Employee Safety Education and Training 0 major accidents and 0 occupational diseases through-

out the year

Target

100 % completion rate for hazard identification and rec-

tification throughout the year

Target

Achieve-

ment

Status Achieved

Employee Safety Education and Training

The "Fire Safety Month" Event57 2025 Environmental Social and Governance (ESG) Report Excellence in Operations Ensuring Quality and Safety 58

Product quality and safety Management practices

Product quality management

Management philosophy The Company has established a quality inspection and monitoring system covering the entire product lifecycle. Through key pro-

cesses such as incoming inspection in-process inspection finished product inspection and outgoing inspection the Company

We are committed to the quality policy of "Quality First Pursuit of Excellence Customer Satisfaction and Continuous Improve- implements comprehensive quality control of raw materials production processes and delivery driving continuous improvement

ment". Through technological innovation we drive quality advancements. Simultaneously we ensure the excellence of our prod- in product quality.ucts and services by optimizing standardized management and quality systems and continuously monitoring and enhancing sys-

tem effectiveness which in turn strengthens the market competitiveness of our products. In terms of quality management operations in line with the Quality Management System: Requirements (QMS) the Company

conducts risk analysis and identifies opportunities at critical stages including contract review production product delivery cus-

Management policies tomer feedback and quality cost control. Based on this analysis the Company formulates corresponding control measures. In daily management each production line keeps daily records of exceptions and tracks issues from discovery to resolution using

the PDCA (Plan-Do-Check-Act) cycle ensuring that improvement measures are effectively implemented forming a closed loop in

Senior has established and continually refined its During the Reporting Period quality management.product quality management systems including the

Quality Manual the Product Monitoring and Measure- The Company's ISO 9001:2015 quality management system Additionally a performance evaluation mechanism has been established in accordance with the Quality Manual incorporating key

ment Control Procedures the Non-Conforming Prod- metrics such as customer audit pass rates customer complaints and return rates into management performance assessments

uct Control Procedures and the Product Recall Man- certification achieved 100 % coverage across all business strengthening the accountability for quality management. Furthermore the Company regularly conducts quality management ac-

agement Specifications . We regularly audit the quality operations. tivities sets clear annual quality goals and implementation plans covering key functions such as production quality equipment

management system through our Internal Audit Con- and planning and continues to track the achievement of goals. Root causes of deviations are analyzed and improvement meas-

trol Procedures to ensure its ongoing effectiveness and ures are implemented to drive continuous enhancement of quality management.implementation of our quality management strategy. Product Lifecycle Monitoring and Measurement Control Process

Batch information verification: The warehouse manager verifies that the supplier's name order number qualification certifi-

cation and other relevant details are correct before moving the materials to the inspection area.Incoming

inspection Quality inspection: The inspector conducts the inspection in accordance with the Incoming Material Inspection Specifications

and completes the inspection records.Result handling: Based on the inspection results the corresponding label is applied and the materials are stored accordingly.Semi-finished separator inspection: The inspector inspects semi-finished separator following the Product Submission and

In-process Inspection Management Specifications fills out the inspection records and determines the inspection results.inspection In-process inspection: The inspector performs regular inspections according to the Operation Specifications for In-Process

Inspection records any identified issues and processes non-conformities in accordance with the procedure.Finished separator inspection: The inspector conducts the inspection based on the Finished Product Inspection Specifica-

Finished tions completes the inspection records and determines the results.product

inspection Labeling and handling: Based on the inspection results the corresponding label is applied and the product is processed ac-

cordingly.Prerequisite: Outgoing inspection can only occur once the products have passed all incoming material and production pro-

cess inspections.Outgoing

inspection Inspection content: The inspector conducts random checks on the product's appearance and packaging based on the Outgo-Senior Jiangsu's ISO 9001 Quality Senior Changzhou's ISO 9001 Quality Senior Nantong's ISO 9001 Quality

Management System Certificate Management System Certificate Management System Certificate ing Inspection Specifications and verifies the Product Inspection Report.Result handling: Based on the inspection results the corresponding label is applied and the product is processed accordingly.59 2025 Environmental Social and Governance (ESG) Report Excellence in Operations Ensuring Quality and Safety 60

Quality control strengthening We have also implemented a standardized product recall process which clearly defines the roles of the Marketing Center Quality

Control Center and Technology Center. This process has improved the closed-loop management mechanism covering customer

The Company continues to enhance its quality management capabilities focusing on process control on-site management and communication cause analysis and corrective actions. Utilizing the batch traceability system we can accurately locate and quick-

the development of a quality culture. Quality control in key processes is strengthened through process optimization and improve- ly recall problematic products preventing reoccurrences of the same issue at the source. The recall timeline standards are clari-

ments in manufacturing stability. fied as follows:

In 2025

Each base promoted quality improvement efforts based on its own production characteristics: Serious defects Recall information is issued within one hour and the recall is completed within three days.Senior

Shenzhen Senior Foshan Senior Hefei

General defects Recall information is issued the same day and the recall is completed within seven days.Focused on improving quality ca- Focusing on key control points in the The company established a weekly

pabilities the company conducted production process the company quality meeting mechanism to

excellence benchmark evaluations optimized mold head pressure con- systematically trace quality issues

for quality focusing on key indicators trol installed anti-static fail-safe de- identify root causes and assign During the Reporting Period

such as customer complaints return vices and advanced improvements responsibilities for follow-up cor-

rates and quality inspection scores in defoaming and foreign object pro- rections continuously improving The Company is experiencing No product recalls related to safety or health issues and ensuring the product quality

to advance quality improvement. At tection effectively reducing defects the pass rate of each process.and safety.the same time a three-month Group such as oil stains and static electric-

Quality Season event was organized ity lowering coating anomalies and

enhancing overall employee quality scrap rates and improving product

awareness and on-site management stability and consistency.capabilities through system training

on-site improvements and foreign Chemical safety management

object control.The Company has established and adheres to the Chemical Management System and the Hazardous Chemicals Management

Specifications and prepares a Chemical Inventory List to identify all regulated chemicals in use and implement tiered and

Case Study Deploying AI Quality Inspection System to Enhance Quality and Efficiency classified management.Senior Hefei leveraged intelligent manufacturing to successfully deploy AI-based quality inspection systems in the

slitting and main production lines. By building an integrated system of "automatic grading + direct data transmission"

the company achieved improvements in both inspection efficiency and data accuracy. Safety operating procedures for storage cabinets have been improved safety warning signs standardized

Daily and Material Safety Data Sheets (MSDS) and safety awareness cards posted. Fire emergency supplies have

Doubling inspection efficiency manage- been replenished. Gas line labeling and cylinder notification cards have also been enhanced strengthening

The inspection time per roll in the slitting process was reduced from 90 seconds to 45 seconds and the main line ment on-site safety visualization and management.process from three minutes to 90 seconds resulting in an overall efficiency improvement of 50%. The total daily mecha- Chemical requisition storage use and supervision registration processes are strictly followed.manual grading time in the slitting workshop decreased from 23.9 hours to 11.95 hours. nism The supplier admission process requires the provision of business licenses safety permits MSDS and safety

Accurate data integration labels.The system automatically integrates with the ERP platform completely eliminating manual entry errors and

achieving 100% data accuracy.Enhanced human-machine collaboration The Company has formulated the Regulations for the Management of Precursor Chemicals and the Manage-

After three months of algorithm training AI grading accuracy improved from 80% to over 98%. Frontline employ- Key ment Measures for Security Control of Hazardous Chemicals That Can Be Used to Produce Explosives . For

ees actively participated in system optimization and provided feedback on defect classification data matching chemical controlled chemicals such as nitric acid hydrogen peroxide and sulfuric acid the Company has issued spe-control

and other practical issues driving continuous iteration of the AI system in real-world applications. cialized control rules and implemented a "dedicated personnel and warehouse" system to standardize the

entire process of procurement warehousing storage usage and disposal.61 2025 Environmental Social and Governance (ESG) Report Excellence in Operations Ensuring Quality and Safety 62

On-site facilities have been optimized and daily inspections of gas cylinder control and toxic and harmful gas Integration of the philosophy of green chemistry into product

Risk detection and alarm systems are conducted. R&D and production

preven- Chemical safety education training and leak emergency response drills are organized and relevant workers

tion and The Company actively responds to the European Green Deal and the Carbon Border Adjustment Mechanism (CBAM) re-

control are encouraged to obtain qualification certificates. quirements striving to create an environmentally friendly production system. We incorporate green chemistry principles

system A chemical substitution evaluation mechanism is in place prioritizing the elimination of carcinogenic muta- throughout the R&D and production processes to ensure our products comply with REACH Restriction of Hazardous Sub-

genic and reprotoxic (CMR) substances and high-risk chemicals identified in the PRIO database. stances in Electrical and Electronic Equipment (RoHS) and halogen-free standards.Raw material optimization and Waste recovery and recycling

green development

Senior Foshan has introduced the "Wo Ai Xun" intelligent inspection system designating each chemical ware- The R&D department uses new material mod- To optimize resource utilization the R&D depart-

house and usage area as an electronic inspection point to ensure a closed-loop process from hazard identifi- ification technologies to partially replace tra- ment collaborates with local suppliers to develop

cation to rectification and verification. ditional raw materials significantly reducing recycling and regeneration solutions for coated

Senior Europe continues to use the EcoOnline Chemical Manager digital management system to enhance the material usage while improving performance. process separator and base separator waste. By re-

Digital effectiveness of full-process chemical control. All chemical activities are risk-assessed with special control cycling and reprocessing discarded base separators

manage- plans in place for hazardous substances such as CMR chemicals. Additionally Senior Europe maintains a high- and coating materials we have successfully convert-

ment risk chemical exposure registry retaining records for 40 years to monitor potential occupational health im- ed them into reusable raw materials.pacts.Senior Nantong uses system tools to precisely manage the usage and storage of chemicals and monitors the

pressure temperature flow and flow rate of process pipes in real time. Any abnormal data will be promptly Customer service

assessed and addressed.Consum- Senior is committed to being customer-oriented focusing on developing and providing high-performance safe and reliable sep-Senior Europe submits its chemical inventory annually to regulatory authorities including information such

er educa- arator products. The Company has built a localized service network and professional technical support teams fostering long-term

tion and as substance names sources hazard classifications and occupational exposure limits. The relevant informa- and stable strategic partnerships with collaborators to achieve mutually beneficial development goals. At the same time we con-

advocacy tion is publicly disclosed and is available for free access by any consumer or member of the public. tinually improve product quality to ensure customer satisfaction and support sustainable development.Management policies

Senior has established a comprehensive customer service system implementing management frameworks such as the Customer

Satisfaction Control Procedures the Customer Complaint and Return Handling Procedures and the Process Control Procedures.Through standardized processes and timely responses to customer demands we effectively address complaints and return/ex-

change issues ensuring customer rights are protected.Chemical Safety Management Management practices

Customer service system

The Company has built a cross-departmental collaborative system for handling customer complaints established standardized

management process and clearly defined departmental responsibilities. For each customer complaint we strictly follow the es-

tablished process for rapid response from receiving the complaint to initial handling thus ensuring efficient and orderly progress

in each stage. Additionally we prioritize identifying the root cause of issues developing practical solutions and utilizing a closed-

Chemical Safety Management loop management system to track the implementation of corrective actions. This approach continually optimizes the customer

experience steadily enhancing overall customer satisfaction.63 2025 Environmental Social and Governance (ESG) Report Excellence in Operations Ensuring Quality and Safety 64

Lifecycle vulnerability management

Departments' Responsibilities Regarding Customer Complaints Server security protection optimization

Focusing on critical assets such as

network devices and information Focusing on server security the

systems the Company conducts asset Company continuously strength-

identification and inventory imple- ens virus protection intrusion

ments vulnerability scanning risk Senior's Specialized monitoring compliance monitor-

Customer Service Team Operations Center Quality Quality Department assessment and remediation and es- Management of Infor- ing and advanced threat detec-

Department Base PMC mation Securitytablishes a closed-loop vulnerability tion capabilities to enhance core

Responsible for receiving customer The Operations Center coordinates Responsible for organizing root management mechanism to continu- systems' security defenses.complaints and promptly con- replenishment and shipment plans the cause analysis and developing cor- ously reduce system security risks.firming the complaint details and Quality Department inspects replen- rective and preventive measures

simultaneously notifying the Oper- ished products and issues the Product preparing the Non-conformance Network traffic security monitoring

ations Center Finance Department Inspection Report and Base PMC and Corrective Action Control Form Through network traffic analysis and security monitoring technology the Company strengthens real-time recognition of

and sales assistants to facilitate executes replenishment shipments (8D Analysis Report) and promot- traditional network attacks and advanced APT threats and improves the network security incident response and handling

quick information flow and resource upon acceptance thus strengthening ing closed-loop rectification and capability through traffic log retention and source analysis.response. delivery quality control. continuous improvement.Management practices

Customer satisfaction

Information security emergency response

The Company aims to optimize customer experience and promote mutual benefits by establishing a systematic customer satisfac-

tion management mechanism and has defined satisfaction evaluation and continuous improvement requirements. We have set Senior has established a comprehensive information security emergency response mechanism which includes dedicated emer-

a management goal of maintaining a customer satisfaction score of at least 85 points and regularly conduct customer satisfaction gency support teams and threat handling teams. The Company monitors information security in real-time to ensure a prompt

surveys. The survey results will be systematically analyzed and a special review report will be formed to reveal key factors affect- response to any security incidents. In emergency situations the Company strictly adheres to standardized operating procedures

ing satisfaction and potential customer needs. On that basis we develop and implement targeted service improvement plans from the initial reporting to subsequent actions ensuring that each step follows established protocols. Through timely feedback

driving continuous improvement in service quality. At the same time the Company strictly follows the relevant system require- and decisive measures we are able to swiftly contain the situation minimizing the scope of impact and potential damage from

ments for order production and delivery management. Customer feedback and complaints are addressed within the prescribed security incidents.timeframe through 8D reports with corrective actions tracked to completion forming a closed-loop management process of in-

vestigation analysis improvement and verification. Internal information security assessment Third-party customer security audits

The Company regularly conducts informa- The Company accepts customer-led infor-

Privacy and data security tion system security assessments checks Information mation security audits which review the

systems' operating environment security security Company's information security manage-

configuration and potential risks and pro- assessment and auditing ment system and security measures from

Senior has established a comprehensive information security management system ensuring the effective implementation of motes a closed-loop management process a third-party perspective. Based on audit

information security policies and control measures. This includes the development of systematic strategies the deployment of to address issues continuously improving results the Company continuously opti-

multi-layered protective measures and regular training initiatives. These efforts safeguard information assets ensure business information systems' security defense ca- mizes security management and technical

continuity and enhance the Company's core competitiveness. pabilities. defenses.Management policies Information security training

To enhance employees' information security awareness and skills and to mitigate information security risks the Company con-

The Company has established and continuously improved its information security management system by formulating and up- ducts regular information security training for all employees. The training covers key areas such as information security aware-

dating the Information Security Strategy Management Procedures and System Modification Management Measures standardizing ness network security and risk prevention. We design diverse training materials and formats tailored to different levels and job

information system and data security management requirements and continuously enhancing information security risk control requirements ensuring the relevance and effectiveness of the training. This strengthens employees' information security manage-

capabilities. ment capabilities and provides strong support for the Company's overall information security efforts.04

Innovation-Driven

Development

Injecting New Vitality into

Industry Progress

Material Topics in This Section

Technological Innovation

Intellectual Property Protection

Response to United Nations Sustaina-

ble Development Goals (SDGs)67 2025 Environmental Social and Governance (ESG) Report Innovation-Driven Development Injecting New Vitality into Industry Progress 68

R&D and innovation R&D investment and resource support

Centering on product iteration frontier technology reserve and R&D capabilities the Company continuously improves

Management philosophy the technical R&D system to form a systematic R&D process covering early-stage research product development and ap-plication conversion. In 2025 the Company maintained stable R&D investment intensity with R&D expenses accounting

for 7% of its revenue. We focus our investments on enhancing the performance of core separator products developing

Senior adheres to the philosophy of "Innovation-Driven Development and Technology Leading the Future" with a corporate spirit supporting technologies for new battery materials building R&D platforms and cultivating research talent. Through

centered around "innovation inclusion flexibility sharing". We view technological innovation as the core driver of sustainable mechanisms such as budget management process oversight and project completion evaluation we ensure the effective

development. We have established a comprehensive innovation management system that covers key areas such as strategic plan- use of R&D resources.ning R&D implementation resource support and performance evaluation. This system continuously improves the systematic

and forward-thinking nature of technological innovation. We also ensure that the Company maintains a leading position in the

Innovation incentives

industry by deepening industry-university-institute cooperation strengthening technological synergies and resource sharing and and assessment

promoting the efficient transformation of scientific research outcomes.Through project responsibility systems and performance management mechanisms the Company strengthens the man-

agement of the entire R&D project process clarifies the responsibilities of project leaders and improves cross-depart-

Management structure mental collaboration efficiency. At the same time the Company continues to build the R&D talent pipeline and improve technical staff training and incentive mechanisms providing stable talent support for technological innovation.The Company has built a robust organizational structure to support steady technological R&D efforts. The Technology Center

serves as the core of R&D led by the Chief Technology Officer (CTO) who reports directly to the Chairman. To ensure alignment of Technological R&D achievements

technological innovation with the Company's strategy we have established a Technology Committee the highest decision-mak-

ing body for scientific research and development matters. This committee is responsible for reviewing R&D strategies setting di- The Company's R&D focuses on key breakthroughs in lithium battery diaphragm technology and the development of differenti-

rections for new product development evaluating key projects and driving technological innovation. ated products and has achieved milestones in areas such as high-strength base membranes high-temperature resistant coated

separators solid-state battery materials and green processes. In 2025 multiple products reached mass production or stable

Reviews the strategic plan for tech- shipment and several cutting-edge technologies attained industry-leading levels further enhancing the Company's technological

nological R&D competitiveness in the new energy materials sector.Chairman Guides the direction of new prod-

uct development The high-strength heat-resistant infil- We developed hard-shell wet-state PVDF cold-pressed products have passed

Evaluates new technological R&D tration coating series achieved large- products effectively addressing the customer validation and been introduced

Technology Committee projects scale production with multiple formu- industry challenge of insufficient into mass production forming stable ship-

CTO The highest scientific

research advisory body Evaluates significant product inno-

lations meeting customized demands. membrane adhesion after hard- ments. Fluorine-free cold-press technology

vation initiatives shell battery electrolyte filling. solutions have been prepared to support

Technology Center Evaluates proposals for introduc- the industry's green development trends.ing patented technologies The second-generation high-strength

Responsible for establishing imple- base membranes (5μ and 7μ) have en-

menting and continuously improving Evaluates proposals for selecting

tered mass production. LATP electrolyte composite membrane the technology innovation system new equipment

products were at an industry-leading level

making the Company the first in the industry

We independently developed aramid-coat- to achieve GWh-level shipments of solid elec-

Management practices ed membranes with heat resistance trolyte composite membranes.meeting the 200 ° C requirement and mass

production achieved. The supporting

Science and technology R&D system We successfully developed and mass-pro-water-based and oil-based PI materials duced oil-coated membranes for drones

outperform industry standards in key indi- and high-performance base membranes for

We have established a comprehensive innovation platform and a digital management platform to foster a culture of innovation.cators such as heat resistance and dispersi- various digital products further enriching

Our technological R&D and innovation system follows a "concept pre-research research development and application" techno-

bility. the high-end product portfolio.logical innovation pathway forming a systematic R&D process.69 2025 Environmental Social and Governance (ESG) Report Innovation-Driven Development Injecting New Vitality into Industry Progress 70

At the same time the Company's achievements in technological innovation and standard building have been recognized by indus- Industry-university-institute cooperation and external exchange

try organizations and associations with related technologies and practices receiving multiple industry awards and professional

evaluations. The Company continues to promote industry-university-institute collaborative innovation focusing on key areas such as sol-

id-state batteries high-performance membranes and new material applications. It conducts project-based cooperation with

domestic universities and research institutions. In 2025 the Company further expanded external technical exchanges exploring

Innovation achievements were selected for Adsale's cooperation opportunities in areas such as new material R&D and intelligent manufacturing. By introducing external scientific re-

"2025 Top Ten Technology Trends in Rubber and Plastic" search resources and advanced research methods we aim to enhance the foresight and openness of its R&D system.LATP electrolyte composite membrane technology was awarded the "Bench-

mark Technology Award" by the Advanced Battery Materials Industry Cluster Co-establishing Off-campus Internship and Practice Bases to Promote

Industry-University-Institute Integration and Talent Development

In recognition of its contributions to standardization the Company was award-

ed the "Standard Innovation Contribution Award" by the Shenzhen Power Sup-

ply Technology Society In July 2025 Senior signed an agreement with the School of Materials

Science and Engineering Huazhong University of Science and Tech-

The Company was honored as a "2025 Leading Enterprise" and "Advanced Technology Innovation Organization" by the nology (HUST) to jointly establish an off-campus internship and prac-

Guangdong Battery Industry Association and the "6th Polymer Industry Innovation Award" and "2024 Enthusiastic Con- tice base. During the project collaboration students from the universi-

tribution Award" by the Shenzhen Polymer Industry Association ty's new energy specialized program visited the Company's East China

Base and participated in practice projects such as membrane material

preparation intelligent manufacturing processes and product devel-

opment. Through this "theory-meets-practice" training model the

company provides university students with a real-world research and

engineering practice platform promotes the translation of research

outcomes into industrial applications and contributes to the develop- Students from HUST's New Energy Specialized

Program Visited Senior Nantong

ment of professional talent in the new energy sector.Senior's Panoramic Solutions Debut at Global Dual Exhibitions Exploring the Future of Batteries

Partnering with COBOTACT to Enter the Robotics "Electronic Skin" Sector

In 2025 Senior showcased its innovative results in power

batteries energy storage and next-generation battery ma- Through strategic investments in cutting-edge technology en-

terials at both the CIBF 2025 and The Battery Show Europe terprises Senior continues to expand the application bound-

2025 in Germany. In response to the needs for safety fast aries of material technologies in emerging industries enhanc-

charging and long lifespan in new energy vehicles and ing its innovation-driven development capability. In May 2025

for the cycle performance and cost optimization of large- the Company signed a capital increase agreement to hold a

scale energy storage systems the Company launched 5.208% stake in COBOTACT officially entering the robotics

high-heat-resistant fast-charging separators low-tempera- "electronic skin" sector. COBOTACT founded by Academician

ture bonding-coated separators and eco-friendly non-flu- Yang Huayong and Professor Yang Geng's team is dedicated

orine-coated separators. In addition polymer electrolyte to the R&D of flexible sensing technology with products ap-

separators and rigid frame products for semi-solid-/sol- plied to industrial robots special-purpose robots and service

id-state batteries were also introduced further expanding robots. Looking ahead Senior will leverage its technical ex-

application scenarios to advanced drones and high-ener- pertise and engineering capabilities in functional membrane

gy-consumption AI devices. For its continuously innovative materials to drive the scaled application and industrialization

technologies Senior was recognized as the "Most Influential of flexible sensing materials.Exhibitor" at CIBF 2025 further solidifying its competitive

advantage in the core materials of the new energy sector. Senior's Panoramic Debut at Global Exhibitions

Signing Ceremony of Capital Increase Agreement71 2025 Environmental Social and Governance (ESG) Report Innovation-Driven Development Injecting New Vitality into Industry Progress 72

Debuted at the 2025 European Lithium Battery Conference Management practices

Senior continues to enhance its global operational capabilities and

technological influence by actively engaging in international indus- Protecting our own intellectual property

try dialogue and advancing localized capacity development. In No-

vember 2025 the Company was invited to attend the 2025 Europe- The company has established a dedicated intellectual property management department responsible for planning and imple-

an Lithium Battery Conference held in Barcelona where it shared menting intellectual property strategies equipped with a professional team with both technical and legal backgrounds. Since

practical experience on topics such as cross-border battery project 2017 Senior has been certified under GB/T 29490 Enterprise Intellectual Property Management and has completed a revision to

collaboration and policy coordination and exchanged views on the GB/T 29490-2023 system continuously improving the standardization of intellectual property management.the impact of a unified standards system and the "battery pass- Focusing on innovation incentives and protection of achievements we implement a patent application incentive mechanism and

port" mechanism on supply chain transparency and compliance incorporate intellectual property-related goals into performance management. Through institutional tracking and evaluation we

management. In line with its European market expansion Senior continuously optimize patent lifecycle management and enhance the strategic value of patents.also introduced the progress of its local production base devel-

opment and the mass production achievements of its semi-solid We also conduct regular intellectual property protection training covering new employees R&D and management personnel. In

composite membrane products. Through high-performance lithi- 2025 we organized three specialized intellectual property training sessions covering basic intellectual property knowledge pat-

um battery separators and solid-state battery membrane solutions ent mining and writing methods and technical confidentiality requirements further enhancing employees' awareness of protect-

the Company continues to strengthen its technological advantag- ing innovation achievements and preventing core technology leaks.es in semi-solid and solid-state composite membrane materials

supporting the coordinated development of the European battery Dr. Steven Senior's Chief Technology Officer As of December 31 2025 the Company

(second from the right)

industry chain and the enhancement of local supply capabilities.Intellectual property protection Applied for Including applications Held valid patents Including authorized patents for foreign patents invention patents

1026 pcs 298 pcs 490 pcs 204 pcs

Management philosophy

Senior follows the management philosophy of "Transforming Senior's separator technology through innovation and flexibility Respecting others' intellectual property

and creating new energy wealth through intellectual property protection" recognizing intellectual property protection as a key

strategy to enhance core competitiveness. The Company continuously improves its management system strengthens patent The Company is committed to respecting and protecting the intellectual property of others embedding compliance requirements

strategy and technology protection and promotes the standardized management of intellectual property throughout its lifecy- into R&D design procurement and sales processes. It regularly conducts internal audits of its intellectual property compliance

cle—from creation and management to rights protection. At the same time we accelerate the development of a strong intellectual management system to ensure that all departments strictly adhere to established procedures.property framework raise awareness around the use and protection of intellectual property and build a healthy dynamic ecosys-

Before new product development or project initiation the intellectual property department collaborates with the R&D team to

tem that supports technological innovation and sustainable development.conduct freedom-to-operate analysis and patent searches systematically assessing potential infringement risks and proposing

Management policies design-around suggestions or patent licensing solutions. In addition the Company has established a rapid response mechanism for intellectual property issues where the intellectual property department leads the assessment and response to external alerts

or internal reports received through dedicated channels thus reducing infringement risks.Senior strictly adheres to relevant intellectual property laws and regulations including the Patent Law of the People's Republic

of China the Trademark Law of the People's Republic of China and the Copyright Law of the People's Republic of China . In align- During the Reporting Period

ment with the China National Intellectual Property Administration's Plan for the Intellectual Property Strategy During the 14th

Five-Year Plan Period the Company has developed the Intellectual Property Management Manual and the Patent Management the Company did not face any penalties by the competent authorities related to violations of intellectual property laws

Measures . These guidelines cover areas such as patent application evaluation talent training inventor rights protection and pat- and regulations.ent evaluation achieving comprehensive intellectual property management throughout its lifecycle.05

People-Centered

Growing Together with

Employees

Material Topics in This Section

Employee Rights and Welfare

Employee Training and Development

Response to United Nations Sustaina-

ble Development Goals (SDGs)75 2025 Environmental Social and Governance (ESG) Report People-Centered Growing Together with Employees 76

Employee rights and welfare

Management philosophy Prohibition of Prohibition of Equal pay for Anti-bullying and Protection of female child labor forced labor equal work workplace harassment employee rights

Senior is committed to creating a fair safe and inclusive working environment based on the "Happy Work Content Remunera- Before hiring We strictly pro- We guarantee We provide a harass- We strictly implement labor

tion and Comfortable Life" philosophy. The Company ensures the protection of employees' legal rights and strictly enforces an we strictly verify hibit all forms of equal pay for ment- and discrim- protection requirements for

equal employment policy guaranteeing that employees are not discriminated against based on race gender age religion or any personnel infor- forced labor en- equal work en- ination-free work pregnant and breastfeeding

other factors. In terms of compensation and benefits we have established a competitive system that provides fair returns for em- mation review suring employees suring fair com- environment prohib- employees ensuring they

ployees' labor through annual salary adjustments and performance incentives. At the same time the Company places significant employment re- have the freedom pensation and ca- iting violence sexual are not assigned to prohibit-

emphasis on employees' physical and mental health and quality of life offering various benefits to enhance employees' sense of cords and check to enter and leave reer development harassment bullying ed positions or night shifts

belonging and satisfaction. identification doc- dormitories and opportunities for and other forms of and legally safeguarding ma-

uments to ensure living areas and all employees mistreatment. We en- ternity leave and breastfeed-

no child labor is that no labor is free from discrim- sure fair recruitment ing time. These measures

Management policies employed. coerced through ination based on and employment contribute to a caring gen-

threats or force. gender age or opportunities for all. der-inclusive and equitable

We strictly comply with the Labor Law of the People's Republic of China the Labor Contract Law of the People's Republic of China other factors. workplace environment.the Law of the People's Republic of China on Protection of Minors the Law of the People's Republic of China on the Protection of

Rights and Interests of Women the Trade Union Law of the People's Republic of China and other relevant laws and regulations.Additionally we adhere to internationally recognized human rights standards including the United Nations' Universal Declaration

of Human Rights. We prohibit child labor forced labor workplace harassment and bullying. In addition we have formulated and During the Reporting Period

continuously improved core systems such as the Employee Handbook and the Corporate Culture Handbook .Each base based on

local conditions has also issued and implemented targeted management procedures such as the Management Procedures for Senior did not violate any laws or regulations related to child labor or forced labor.Prohibition of Child Labor the Protection of Minors and Female Workers the Equity Diversity and Anti-Discrimination Policy and

the Anti-Discrimination Anti-Bullying and Anti-Sexual Harassment Policy comprehensively safeguarding employees' legal rights

and welfare.A diverse and inclusive work environment

Management practices We are dedicated to fostering a culture of diversity and inclusion We are committed to fostering an environment ground-

where every employee feels a sense of belonging. We recognize ed in fairness and equality by encouraging the following

that employees' individual differences life experiences knowl- principles:

Employee rights protection edge creativity and unique abilities contribute to the Company's Mutual respect in communication and collabora-

success and reputation. We value and respect diversity at all levels

We are committed to adhering to the core conventions of the Inter- tion among all employeesof the organization including age race color disability ethnicity

national Labor Organization eliminating child labor human traf- family status gender identity language religion and sexual ori-

ficking and forced labor and opposing workplace harassment and Teamwork and employee involvement to ensure entation. To promote an inclusive work environment we appreci-

bullying. We conduct strict pre-employment background checks all groups and voices are adequately representedate and nurture each employee's unique characteristics creating

to prevent the hiring of child or forced labor respect employees' a vibrant collaborative and productive atmosphere.right to freely form associations and foster a culture of labor-man- Flexible work schedules to balance work and life

agement cooperation. We ensure equal pay for equal work pro- Our diversity initiatives based on the "One Senior" values en- and meet employees' diverse needs

viding fair compensation and career development opportunities compass all roles functions business and projects. These initia-

regardless of gender age or other factors. The Company promotes tives include recruitment selection compensation and benefits Contributions from both employers and employ-

a harassment- and discrimination-free work environment ensur- professional development and training promotions transfers ees to serve the community fostering understand-

ing fair opportunities for recruitment and employment. and social and recreational activities. ing and respect for local diversity77 2025 Environmental Social and Governance (ESG) Report People-Centered Growing Together with Employees 78

We respect the cultural backgrounds of employees from different countries and regions. At our ASEAN base we continue to pro-

mote cultural exchange and integration among employees of different nationalities fostering an open and inclusive organization-

Base salary: Calculated based on national laws and the Company's specific situation

al environment. The Company incorporates local cultural characteristics in Malaysia and employees' needs to organize a variety

serving as the foundation for overtime pay.of activities encouraging interaction and mutual understanding among employees from diverse cultural backgrounds. In 2025

the Company organized a series of activities at its ASEAN base including basketball friendly matches a Mid-Autumn Festival fair Job salary: Divided according to employees' job ranks consisting of a base job salary

a Deepavali Rangoli workshop and Winter Solstice and Christmas celebrations. By combining sports engagement with festive cul- and a performance-based job salary. The performance salary is allocated based on indi-

tural experiences we created platforms for communication and exchange between local and international employees strength- vidual performance evaluations.ened team cohesion and advanced cross-cultural integration in practice. Compensation Allowances: Including seniority allowance attendance allowance high-temperature al-

structure and lowance night shift allowance and others. These are determined based on the employ-

components ee's position and work conditions.Bonuses: Comprising individual rewards and year-end performance bonuses.Thoughtfully Prepared

Tangyuan Desserts for the Christmas Gift Exchange Deepavali Rangoli Mid-Autumn Festival Fair Annual adjustments are made based on the Company's economic performance labor

Winter Solstice Activity Experience Workshop costs and strategic planning as well as considering employees' job positions perfor-

mance and development potential. Immediate adjustments are made for employees

Salary adjustment

based on work performance position changes and personal contributions.mechanism

With female employees representing

As of December The Company employed

31 2025 5113 approximately 21.63 % of the individuals

total workforce

Employees' compensation is closely tied to their individual performance job rank and

contributions. The Company rewards outstanding employees through individual rewards

Performance evaluation and year-end performance bonuses.

21.63% 4.15% 1.15% and incentive mechanism

16.45%

Employee Distribution Employee Distribution Employee Distribution

by Gender by Educational by Job Type

78.37% (Percentage) 74.40% Background

21.45% (Percentage) 13.67%

(Percentage) 67.44%

Diverse benefits and employee care

1.29%

The Company enhances employee benefits by making time-

Associate Degree and Below Production Administrative ly contributions to the pension insurance medical insurance

Female Male Bachelor Degree Technical Sales During the Reporting Periodunemployment insurance work-related injury insurance and

Master Degree and Above Financial maternity insurance as well as the housing provident fund. The

Company has established a labor union specifically responsible

for coordinating employee welfare and planning holiday activi-

ties aiming to improve employee satisfaction and a sense of be-

Compensation and performance management longing to the Company. Additionally we manage employee ben- 100 % of employees The permanent employees

efits in compliance with relevant national regulations attaching health check-up coverage

Senior employs a hybrid compensation model that combines job position performance and capabilities to encourage employees great importance to employees' physical and mental health and with signed labor contracts

to continuously improve their job performance work results and personal contributions. At the same time the Company ensures paying special attention to the assistance and care for female em- were covered by social rate was 100 %.that compensation aligns with its strategic goals and is closely linked to employees' actual performance through a flexible salary ployees and those facing family challenges. We are committed to insurance.adjustment mechanism. continuously improving employees' work and living conditions.79 2025 Environmental Social and Governance (ESG) Report People-Centered Growing Together with Employees 80

Launching the "Little Stars" Summer Care Program to Support Em-

Case ployees' Childcare Needs

Basic social security Rest and holidays

Pension insurance Statutory holidays The East China Base of Senior launched the

Medical insurance "Little Stars" Summer Camp in 2025 to meet Paid annual leave

Unemployment insurance employees' needs for childcare during school

Sick leave bereavement leave holidays. In response to the high proportion of

Work-related injury insurance marriage leave maternity checkup non-local employees and concentrated demand

Maternity insurance leave (male) paternity leave etc. for care the base established a dedicated task

Housing provident fund force and set up a collaborative framework led

by the Party Committee guided by the labor un-

ion coordinated by the Company and support-

ed by the community ensuring robust safety

management staffing and curriculum support.Additional Health care Housing and Culture and team allowances relocation support building Over this 42-day program children received ba-

High- Employee Household registration transfer to Sports activities sic care services alongside a variety of activities

temperature health Shenzhen Special Economic Zone Team building cultural activities including movie screenings factory visits hand-

allowance checkups Public rental housing for talent icrafts and fun sports. Senior Changzhou also Holiday gifts piloted the cooperative "meals by the company Senior Nantong's First Summer Camp in 2025

tutoring by the community" model enhancing

resource integration and service quality.Employee communication and feedback

We firmly believe that a strong employee communication and feedback mechanism is the cornerstone for the sustainable devel-

opment of the Company. Through diverse communication channels and efficient feedback systems we ensure that every employ-

ee feels their voice is heard and valued."Independent & Graceful" "Vibrant Senior Shuttle with You" Event "Your Unique Style" – Fashion Open communication channels

– Women's Day Theme Event Aesthetic Workshop

The Company fosters an "open-door" management philosophy encouraging employees to communicate directly with man-

agement to share ideas and raise concerns. By establishing diverse communication channels and mechanisms we have cre-

ated an open and inclusive work environment.Manager Employee relations position Work Work discussions and Anonymous

"Love and Reunion" "Full Moon Family Fun" Event "Voice of Senior: 2025 Music Spectacle" "open-door" and dedicated email interviews meetings suggestion boxes

– Qixi Festival Theme Event Singing Contest policy address81 2025 Environmental Social and Governance (ESG) Report People-Centered Growing Together with Employees 82

Employee relations Management practices

management mechanism

The Company's Human Resources Center has established an employee relations position and a dedicated employee re-

lations email address serving as the official channel for employees to express their opinions suggestions and concerns. Attracting talent

The employee relations position is responsible for receiving and addressing employee feedback ensuring that employ-

We are committed to attracting outstanding talent that aligns with the Company's culture and shares our vision. To this end we

ees' voices are given timely attention and response. Additionally the Company has set up a grievance channel to offer

standardize the recruitment process expand recruitment channels and enhance the quality of talent selection. This ensures that

employees more convenient and efficient communication options.hired individuals meet the Company's principles and requirements while also attracting professionals eager to contribute to the

Employee satisfaction survey new energy and new materials industries.and feedback mechanism

To better understand employees' needs and sentiments the Company conducts an annual employee satisfaction sur- Senior in line with its strategic needs continuously explores and identifies qual-

vey via questionnaires. This survey serves as a self-assessment of the organization's performance at the corporate level ity recruitment channels to acquire top talent.while also providing deeper insights into employees' needs and expectations. The survey results help the Company de-

fine areas for improvement and create a "diagnosis-improvement-re-diagnosis-re-improvement" closed-loop manage- Internal recruitment channels

ment system continuously optimizing organizational effectiveness. Internal referral: Encourage existing employees to refer candidates who meet job require-

Furthermore the Company collects employee opinions and suggestions through offline channels such as anonymous ments.feedback boxes. All feedback is processed through a structured procedure: information is gathered at fixed intervals each Rehiring: Offer former employees who left but performed well an opportunity to rejoin

month and forwarded to the relevant business departments time-limited corrective actions are implemented and pro- the Company.gress is tracked by designated personnel to ensure all feedback is fully addressed.Online recruitment channels

In 2025 Senior Changzhou continued to optimize its employee management mechanisms based on employee survey

results focusing on welfare experiences and training arrangements. By improving the training plan development process Professional recruitment websites: Use platforms such as Zhaopin and 51Job to post job

and enriching employee care activities the company continued to enhance employee experience and engagement. openings and attract professional talent.Social media recruitment: Publish job information on social media platforms such as

WeChat official accounts.Talent attraction and retention

Short video recruitment channels

Douyin video: Create short recruitment videos to showcase the Company's culture and

Management philosophy work environment attracting young and dynamic candidates.Douyin live streaming: Interact in real time through live streaming to answer job seekers'

Senior follows the philosophy of "Uniting people with a shared mission bonding them with compassion motivating them with questions.effective mechanisms and inspiring them through growth" recognizing talent as the Company's most valuable asset. We are com-

mitted to building a professional diverse and dynamic talent team. The Company actively attracts and retains exceptional talent Campus-enterprise cooperation channels

to meet business development needs offering broad career development platforms and growth opportunities. Through a com-

prehensive training system clear career advancement channels and incentive mechanisms we help employees achieve personal Campus recruitment presentations: Hold recruitment presentations at universities to en-

growth and value creation ensuring mutual development alongside the Company. gage with potential graduates and introduce the Company and job opportunities.Intern recruitment: Partner with universities to offer internship opportunities and culti-

vate future full-time employees.Management policies

Offline recruitment channels

Senior and its subsidiaries have established and implemented internal management systems such as the Training Management

Physical advertisements: Place recruitment ads in the Company's vicinity to attract local

Standards and the Human Resources Management Handbook strengthening employee recruitment processes and providing

job seekers.clear development channels for employees. We adhere to the principles of full participation systematic planning comprehensive

Recruitment fairs: Participate in or host in-person recruitment fairs for face-to-face com-

content a focus on effectiveness and practical application in building a comprehensive and diverse employee training system to

munication with job seekers.enhance employee quality and capabilities.83 2025 Environmental Social and Governance (ESG) Report People-Centered Growing Together with Employees 84

The Company has designed the following promotion paths based on employees' job attributes:

Skill track

Junior Intermediate Senior Junior Intermediate Senior

Certified Certified Certified

Campus recruitment presentations Technician Technician Technician Technician Technician Technician

Technical track

Forging the "Third Generation of Senior": The Star Project Lays the

Case Foundation for the Future

To strengthen the youth talent pool the Company continuously promotes the global campus recruitment and new Deputy Deputy Assistant Director Chief

graduate training system. The 2025 global campus recruitment project combined "offline precise coverage + online Technician Engineer Manager Chief Engineer Engineer/ EngineerEngineer

linkage" to conduct talent recruitment through promotion events at key domestic universities and online expansion Deputy

of top talent sources at home and abroad. In July 2025 over 50 graduates from key universities in China and abroad Manager

officially joined the Company and became the fifth cohort of the Star Project. The Company supports new employees Functional track

in making a smooth transition from campus to workplace through a systematic training mechanism helping them

consolidate the foundation for business skills and career development.Management Deputy

Officer Personnel/ ManagerManager

Supervisor

To ensure fairness and transparency in promotions the Company conducts regular evaluations and assessments:

Skill re-evaluations are conducted every one or two years with assessment criteria including basic con-

Skill track

ditions professional abilities and behavioral skills.Rank re-evaluations are conducted every one or two years with criteria including years of service tech-

Technical track

nical expertise and patent contributions."Igniting New Stars Full Power Membrane" – "Star Project" Training Scene Functional

track Promotions are based on business needs and recommendations from superiors.Additionally the Company employs the "360-Degree Personnel Review" system to comprehensively assess management techni-

cal and key personnel. This includes core competency evaluations personnel evaluation relationship charts surveys and inter-

views. Based on these assessments talent review reports are created to identify key talent strengthen the organizational struc-

ture and provide clear directions for employees' career development.Employee promotion and development

In 2025 the Company conducted a systematic talent review for senior management and key positions and implemented a layered

Senior emphasizes employees' career development and promotion pathways by providing a clear career trajectory and a fair pro- and categorized training mechanism based on the review results. Selected candidates were included in the overseas talent pool to

motion mechanism ensuring their growth and advancement within the Company. provide medium- and long-term talent support for the Company's global development.85 2025 Environmental Social and Governance (ESG) Report People-Centered Growing Together with Employees 86

Employee training system 2025 Laying the Foundation for Soaring Eagles: The "Little Eagle" Case Project Supports Talent Pipeline Development

Senior is committed to establishing a comprehensive systematic and tiered employee

training system that supports the continuous development of employees throughout their As business scales expand and organizational capability demands

careers. The Company has created the Human Resources Center - Senior Training Camp grow Senior continues to improve its talent pipeline develop-

which coordinates and refines the robust training and development framework aligned The Company has offered a total ment system focusing on systematic training for high-potential

with the human resource development plan. This system promotes the creation of a strong employees transitioning from professional to management roles

talent pipeline. The training content encompasses pre-job training professional skills de- of 70265.5 hours of and strengthening the foundation of management talent reserves.velopment overall quality improvement academic education and technical title evalua- training. In 2025 the Company launched the "Little Eagle Training Camp"

tions addressing the development needs of employees at various stages of their careers. with a focus on enhancing self-drive and team influence through a

systematic training course design. The training camp opened with

In addition the Company has developed five key training categories based on job char- a session led by the Chairman and incorporated diverse learning

acteristics and employees' growth paths: induction training job-specific training depart- formats including management-level lectures external expert

mental training recommended training and specialized training. These categories ensure

The average training duration training and internal experience sharing enhancing trainees'

that the training content is both systematic and targeted. By utilizing a scientific training

per employee is approximately overall management capabilities. The project further refines the

management model and fostering a positive learning atmosphere we continuously en-

13.74 Company's management talent training path drives the upgrade hance employees' professional abilities stimulate learning enthusiasm and lay a solid hours. of the talent pipeline structure and provides stable support for

foundation for the Company's talent development and organizational vitality. the Company's medium- and long-term strategic growth.The "Little Eagle" Training Camp

We have designed targeted personnel development plans for different job levels and types:

Degree

Little Eagle Six Sigma

Star Project Spark Project Improvement

Project Project Training

This project recruits outstanding graduates The Company focuses on high-potential Targeting frontline management The Company has established a To continuously improve quality

from "Double First-Class" universities through talents transitioning from professional to personnel across different bases layered and categorized talent ca- management levels the Com-

campus recruitment channels and offers spe- managerial roles and conducts system- this project enhances their overall pability enhancement system pro- pany includes Six Sigma training

cialized training for new graduates. Through atic training to improve self-drive and management capabilities through viding support for employees in the and certification requirements

project-based practical training we leverage team influence. Through external expert systematic selection and training. production system to pursue high- in the quality engineer job level

dual-city intensive programs at the Shenzhen lectures and internal management ex- During the training trainees are er education degrees and covering assessment system. In 2025 the

headquarters and Foshan base combining stra- perience sharing training is provided required to develop improvement part of the tuition fees. Addition- Company conducted special online

tegic insights with hands-on business practice in key areas such as self-awareness and topics based on actual work. Af- ally management personnel are training covering core technical

to help new employees rapidly integrate into the team collaboration to help employees ter review and acceptance they selected to participate in external personnel with differentiated

organization and develop a comprehensive un- overcome skill bottlenecks and convert will graduate and gain access to senior management development course content for various levels

derstanding of the business. In addition through individual capabilities into organization- future talent development and programs to continuously improve such as black belt and green belt

management-level lectures personal develop- al capabilities preparing management promotion pathways continu- their strategic understanding and to improve quality expertise and

ment planning and mentorship we continuously talents for the Company's medium- and ously improving the professional management abilities supporting improvement practices.track the progress of training and promote the long-term development. and execution capabilities of the the implementation of the Compa-

growth of a robust young talent pipeline. front-line management team. ny's strategy.06

Collaborative

Win-Win

Building a Responsible

Ecosystem

Material Topics in This Section

Community Investment

Supply Chain Management

Response to United Nations Sustaina-

ble Development Goals (SDGs)89 2025 Environmental Social and Governance (ESG) Report Collaborative Win-Win Building a Responsible Ecosystem 90

Sustainable supply chain Supply chain ESG management

The Company continuously monitors suppliers' ESG management

performance. Based on the Senior ESG Management Policy we eval-

Management philosophy uate suppliers regularly on issues such as environmental protection

employee rights social support intellectual property business eth-

Senior is dedicated to building a responsible supply chain system. The Company is progressively integrating ESG standards ics and occupational health and safety. Specialized training is also

throughout the supply chain management process by implementing mechanisms such as supplier admission assessments and provided to suppliers to improve their ESG practices.performance monitoring. We aim to steadily advance our goals related to cost efficiency quality and sustainability working col-

laboratively with our partners to create an efficient and transparent value chain.Management policies Environmental protection

Suppliers are encouraged to complete GHG inventories and verifications (referencing ISO 14064 and/or ISO

Senior adheres to international standards including SA8000 (Social Accountability Standard) the Universal Declaration of Human 14067 standards) set carbon reduction goals prioritize clean energy and low-carbon technology and im-

Rights ISO 45001 (Occupational Health and Safety Management Systems) ISO 14001 (Environmental Management Systems) and plement rigorous environmental protection measures particularly for managing wastewater exhaust and

the Responsible Business Alliance (RBA) Code of Conduct. We have developed and implemented the Senior Supply Chain ESG solid waste as well as promoting resource recycling.Management Policy to audit assess and manage suppliers ensuring compliance with requirements in human rights protection

labor rights occupational health and safety environmental protection and other key areas.Management practices

Full lifecycle supply chain management Employee

rights

Suppliers are required to adhere to a people-oriented approach ensuring the basic rights of employees are

Senior builds a layered and categorized procurement management system around the goals of compliance cost reduction and protected. We explicitly prohibit child labor and forced labor prevent any form of discrimination or abuse

risk control. In 2025 the Company signed long-term procurement agreements for strategic materials to ensure stable supply and and require compliance with labor time regulations and minimum wage laws ensuring fair compensation

standardized the entire procurement bidding process by strictly implementing key processes such as project initiation approval and fostering a working environment rooted in equity and respect.tender document preparation and bid evaluation disclosure. For high-value procurement projects we implement a joint approval

mechanism and use a comprehensive scoring method for fair and objective bid evaluations.In terms of supplier management we have established a closed-loop management mechanism that covers supplier access evalu-

ation grading and dynamic optimization.Inclusion stage

Occupational

Focus is on reviewing the supplier's qualification compliance production capacity quality and other core capabilities. health and

Core suppliers must pass on-site inspections and sample testing. safety

We regularly audit suppliers' production environments to assess safety facilities employee health protec-

tion and safety management systems ensuring the health and safety of employees in the supply chain.Post-inclusion management

Suppliers are graded A B or C based on quality delivery and cost indicators and their performance is evaluated quarterly

and annually to continuously optimize the supplier resource structure and improve procurement collaboration efficiency.91 2025 Environmental Social and Governance (ESG) Report Collaborative Win-Win Building a Responsible Ecosystem 92

Management practices

Business Senior consistently fulfills its social responsibilities by actively engaging in charitable and public welfare initiatives. The Company

ethics To jointly maintain the healthy development of business partnerships the Company requires all suppliers supports community development and gives back to society by making charitable donations to local communities at each of its

to adhere to the principles of honest operation and abide by business ethics. We promote transparency in production sites and implementing a variety of public welfare projects.procurement by enforcing agreement constraints and conducting integrity training for suppliers ensuring

both the Company and its partners uphold ethical practices in sourcing.Community sports and cultural support

Agreement constraints: The Sunshine Agreement includes anti-corruption clauses that clearly prohibit The Company supports the development of sports and cultural activities in line with the

bribery kickbacks and corruption. "community-led enterprise-supported and public-participation" model promoted by

Integrity training: The Company regularly organizes anti-corruption training for procurement personnel Shenzhen Matian Subdistrict. In 2025 it sponsored the Shenzhen Matian Subdistrict Foot-

and suppliers communicating the Company's anti-corruption policies and requirements. ball Super League contributing to grassroots community sports development.Supervision method: The Company conducts passive supervision of commercial partners' business ethics

through contract clauses access reviews and compliance declarations and carries out active supervision

through regular evaluations special audits questionnaire surveys or on-site inspections.In addition the Overseas community charity

Company has established reporting channels including an official WeChat account a reporting hotline

and a dedicated email address to enable all stakeholders to monitor and report issues related to business The U.S. Base actively participates in local community charity activities organizing em-

ethics. ployee representatives to join the Huntersville VermilliRUN 5K continuously integrating

into local community charity practices.Handling of violations: The Company clearly defines the handling process for any identified violations of

regulations including investigation and verification corrective actions suspension or termination of co-

operation and inclusion on a blacklist. For severe cases the Company reports to relevant authorities to

ensure violations are handled in a timely and compliant manner.Corporate culture integration practices

The Company integrates its public welfare philosophy into corporate culture develop-

ment. The Human Resources Center in collaboration with Senior's labor union organizes

As of the end of the Reporting Period employee hiking activities. By promoting healthy and positive sports and cultural practic-

es the Company strengthens team cohesion and fosters positive interaction between the

100 % of Senior suppliers have signed the Senior Supplier Sustainability Commitment Letter and Sun- Company and the community.

shine Agreement .The Company held 1 supplier review covering all core suppliers all of which met the required standards.Case Study Malaysia Community Donation: Practicing Corporate Social Responsibility

On June 20 2025 the Company's ASEAN Base held a community dona-

Community charity tion event at the auditorium of a school in the Batu Kawan community

Penang providing essential supplies to local families in need. The event

attracted around 500 villagers and became one of the largest public

Management philosophy welfare activities in the community in recent years. Local community councilors MBSP representatives and the principal of the school at-

tended the event and highly praised the Company for actively fulfilling

Senior actively responds to national calls. While achieving rapid development and continuous business expansion we adhere to its social responsibility and contributing to community development.the philosophy of co-creating and sharing with the community. We carry out community charity activities to foster harmony and

integration between the Company and the communities in which we operate.

1 Green New Energy Materials Inc.93 2025 Environmental Social and Governance (ESG) Report Appendix 94

Appendix ESG Metrics Category Unit 2023 2024 2025

General solid waste recycled Ton 17320.16 7585.24 8617.20

Appendix I - Key ESG Performance Data2 Emissions4

Hazardous waste disposed Ton 1920.83 3023.35 4597.55

Total water consumption m3 878185.82 1264356.13 2214090.25

Economic Performance

Water Re- m3/

sources Water consumption intensity RMB10000 in total reve- 2.91 3.57 5.37

ESG Metrics Category Unit 2023 2024 2025 nue

Revenue RMB10000 301323.38 354110.66 412537.21 Total consumption of packaging ma-

terials Ton 8657.92 12858.54 20728.30

Total consumption of paper-based

packaging materials Ton 8588.31 12691.63 19122.57

Total consumption of plastic packag-

Environmental Performance3 Materials ing materials

Ton 68.99 165.07 1594.17

Total consumption of other packag-

ing materials Ton 0.61 1.83 11.56

ESG Metrics Category Unit 2023 2024 2025 Total recycled packaging materials Ton 3463.17 6300.68 4408.05

Total GHG emissions tCO2e 203166.96 264398.54 360210.37 Packaging material recycling rate % 40 49 21

tCO2e/ Comprehensive energy consumption MWh 570546.09 780643.84 1076703.96

GHG emissions density RMB10000 in total reve- 0.67 0.75 0.87 MWh/

nue Comprehensive energy consumption RMB10000

intensity in total reve- 1.89 2.20 2.61

Direct GHG emissions (Scope 1) tCO2e 54881.37 81042.99 114013.43 nue

Indirect GHG emissions (Scope 2) tCO2e 148285.59 183355.55 246196.94 Direct energy consumption MWh 274588.80 405535.33 570502.14

Total exhaust emissions Ton 2.61 18.74 48.15 Indirect energy consumption MWh 295957.29 375108.51 506201.83

kg/ Energy5

RMB10000 Purchased electricity consumption MWh 276328.13 341396.03 463978.71

Emissions4 Exhaust emissions intensity in total reve- 0.01 0.05 0.12

nue Purchased heat power consumption MWh 20.00 410.19 24.85

Nitrogen oxides (NOX) emissions Ton 0.89 9.07 12.96 Renewable energy consumption MWh 19609.17 33302.28 80526.27

Sulfur oxides (SOX) emissions Ton 0.61 1.42 0.95 Gasoline consumption Liter 16014.81 13046.81 34203.99

Volatile organic compounds (VOCs) Ton 0.95 6.56 27.88 Diesel consumption Liter 16993.00 17064.00 16934.21 emissions

Natural gas consumption 10000 m3 2534.50 3744.76 5267.42

Hazardous air pollutants (HAPs)

emissions Ton 0.01 0.62 0 Environ-

mental Total investment in environmental

Particulate matter (PM2.5) emissions Ton 0.15 1.07 6.36 Protection protection RMB10000 3597 3960 8388

Investment

Industrial wastewater discharge m3 97027.20 218960.98 40287.00

4 Disclosed GHG emissions are based on the consumption of gasoline diesel natural gas purchased electricity and purchased thermal energy. Scope 1 GHG emissions derive

2 The Company continues to enhance its ESG reporting framework. To meet the disclosure requirements of stock exchanges additional metrics are reported this year. from gasoline diesel and natural gas while Scope 2 emissions are based on purchased electricity and purchased thermal energy. Emission factors for gasoline diesel

Moving forward the Company will continue to improve metrics management and reporting mechanisms to gradually enhance the completeness and transparency of ESG natural gas and purchased thermal energy are calculated with reference to the Accounting Methods and Reporting Guidelines for Greenhouse Gas Emissions by Enterprises

disclosures. in Other Industrial Sectors (Trial) issued by the General Office of the National Development and Reform Commission of China. The emission factor for the electricity grid in the Chinese Mainland is based on the Announcement on the Release of the 2023 Grid Carbon Dioxide Emission Factors issued by the Ministry of Ecology and Environment.

3 The collection scope of environmental data includes the resource consumption and pollutant emissions from both office and production areas of the Group's headquarters

and subsidiaries (including Senior Changzhou Senior Hefei Senior Jiangsu Senior Nantong Senior Shenzhen Senior Foshan Senior Europe and ASEAN Base). The environ- 5 The data of comprehensive energy consumption are converted into standard coal equivalent (tce) in accordance with the Chinese national standard GB/T 2589-2020 General

mental performance metrics for 2025 increased compared with 2024 mainly due to the inclusion of Senior Foshan and ASEAN Base in the statistics. rules for calculation of the comprehensive energy consumption.95 2025 Environmental Social and Governance (ESG) Report Appendix 96

Social Performance ESG Metrics Category Unit 2023 2024 2025

Male employees trained % 93.99 91.43 83.65

ESG Metrics Category Unit 2023 2024 2025

Female employees trained % 83.65 86.62 75.41

Total number of employees and number of employees by gender Primary-level employees trained % / / 80.11

Total number of employees Person 3988 4634 5113 Mid-level management employees

trained % / / 90.99

Male Person 3095 3677 4007 S e n i o r m a n a ge m e n t e m p l oye e s

trained % / / 100.00

Female Person 893 957 1106

Average training hours per employee by gender and employee level6

Number of employees by educational background Employee

Training All employees trained Hour 16.91 14.83 13.74

Associate degree and below Person 2989 3465 3804

Male employees trained Hour 17.34 15.00 14.04

Bachelor degree Person 887 1015 1097 Female employees trained Hour 15.43 14.21 12.66

Master degree or above Person 112 154 212 Primary-level employees trained Hour / / 13.22

Number of employees by age Mid-level management employees

Employ- trained Hour / / 16.38

ment

Aged 30 and below Person 1743 2063 2385 S e n i o r m a n a ge m e n t e m p l oye e s

trained Hour / / 20.00

Aged 31 to 50 Person 2114 2395 2526

Occupa- Investment in employee occupational

tional health and safety RMB10000 / / 578.35

Aged 51 and above Person 131 176 202 Health

and Safe- Total training hours of employees on

ty workplace safety Hour / / 79796.50

Number of employees by region

Number of customer complaints re-

Chinese Mainland Person 3856 4425 4703 Product garding products and services

Item / / 72

Responsi-

Hong Kong Macao Taiwan and Over- bility Percentage of total products sold that

seas Person 132 209 410 were recalled for safety or health rea- % / / 0sons

Numnber by employment type

Innova- R&D investment RMB10000 24246.35 24802.43 27837.96

tion and

Full-time Person / / 5113 R&D R&D investment as a percentage of

revenue % 8.05 7 7

Part-time Person / / 0 Patents applied for Item 558 820 1026

Turnover Employee turnover rate % 5.00 5.10 7.40 Total number of valid patents held Item 285 368 490

Intellec-

tual Prop-

Total investment in training RMB10000 / / 164.5 Total number of authorized invention erty patents held Item 122 174 204

Employee

Training Percentage of trained employees by gender and employee level

Total number of authorized utility

model patents Item 163 194 286

All employees trained % 91.68 90.44 81.87

6 Calculation formula for average training hours per employee: Average training hours for a specific employee category = total training hours of employees in that category /

total number of employees in that category97 2025 Environmental Social and Governance (ESG) Report Appendix 98

Governance Performance Appendix II - Index table

ESG Metrics Category Unit 2023 2024 2025

Global Reporting Initiative (GRI) Standards Index Table

Number of male directors Person 6 6 6

Number of female directors Person 1 1 1 General Standard Disclosures Report Section

Board of

Directors

Number of independent directors Person 3 3 3 2-1 Organizational details About Senior

Entities included in the organization's sustainability

Number of non-independent directors Person 4 4 4 2-2 reporting About This Report

Number of disclosure reports Item 209 145 199 2-3 Reporting period frequency and contact point About This Report

Shareholders' meetings held / 6 3 7 2-4 Restatements of information N/A

Board of Directors meetings held / 12 9 12 2-5 External assurance N/A

Corporate Strategy and Development Management Com-

Govern- / 1 0 1 2-6 Activities value chain and other business relation-mittee meetings held ships About Seniorance

Audit Committee meetings held / 6 7 5 2-7 Employees Key ESG performance data

Nomination Committee meetings held / 1 3 1

2-8 Workers who are not employees Key ESG performance data

Remuneration and Appraisal Committee meet-

ings held / 4 3 2 GRI 2: General 2-9 Governance structure and composition Corporate governance

Disclosures 2021

Number of concluded corruption lawsuits filed Nomination and selection of the highest governance

against the Company or its employees / 0 0 0 2-10 body Corporate governance

Number of internal corruption reports / 0 0 1 2-11 Chair of the highest governance body Corporate governance

2-12 Role of the highest governance body in overseeing Number of employees trained on anti-corrup- the management of impacts Corporate governance

tion and anti-bribery Person 1100 646 258

Anti-cor-

ruption 2-13 Delegation of responsibility for managing impacts ESG management

Training hours of employees on anti-corruption

and anti-bribery7 Hour 550 323 1290

2-14 Role of the highest governance body in sustainability reporting ESG management

Number of directors trained on anti-corruption

and anti-bribery7 Person / / 7

2-15 Conflicts of interest See 2025 Annual Report

Training hours of directors on anti-corruption

and anti-bribery Hour / / 7 2-16 Communication of critical concerns ESG management

7 The statistical scope has changed. The data for 2023 and 2024 refers to the number of employees who received the anti-corruption training in Chapter 3 of the Employee

Handbook upon their entry and the duration of the training. In 2025 a special anti-corruption and integrity training was organized (the anti-corruption training in the entry 2-17 Collective knowledge of the highest governance body Corporate governance

training was not included in the statistical scope) and the relevant data is based on the number of participants in the special training and the duration of the training as the

statistical scope.99 2025 Environmental Social and Governance (ESG) Report Appendix 100

General Standard Disclosures Report Section General Standard Disclosures Report Section

2-18 Evaluation of the performance of the highest govern-ance body ESG management 202-1

Ratios of standard entry level wage by gender com-

pared to local minimum wage Not disclosed

GRI 202: Market

Presence 2016

2-19 Remuneration policies Employee rights and welfare 202-2 Proportion of senior management hired from the local community Key ESG performance data

2-20 Process to determine remuneration Employee rights and welfare

203-1 Infrastructure investments and services supported Community charity

GRI 203: Indi-

2-21 Annual total compensation ratio Not disclosed rect Economic

Impacts 2016

203-2 Significant indirect economic impacts Community charity

2-22 Statement on sustainable development strategy ESG management

GRI 204: Pro-

Employee rights and welfare curement Prac- 204-1 Proportion of spending on local suppliers Key ESG performance data2-23 Policy commitments Business ethics tices 2016

2-24 Embedding policy commitments Business ethics 205-1 Operations assessed for risks related to corruption Business ethicsGRI 2: General

Disclosures 2021

GRI 205: An-

2-25 Processes to remediate negative impacts Not disclosed ti-corruption 205-2

Communication and training about anti-corruption

policies and procedures Business ethics2016

2-26 Mechanisms for seeking advice and raising concerns Risk management 205-3 Confirmed incidents of corruption and actions taken Business ethics

GRI 206: An-

2-27 Compliance with laws and regulations Corporate governance ti-competitive 206-1 Legal actions for anti-competitive behavior anti-trust

Behavior 2016 and monopoly practices

Not occurred

2-28 Membership associations Green products 207-1 Approach to tax Not disclosed

2-29 Approach to stakeholder engagement ESG management 207-2 Tax governance control and risk management Not disclosed

GRI 207: Tax

2019

207-3 Stakeholder engagement and management of con-2-30 Collective bargaining agreements Employee rights and welfare cerns related to tax Not disclosed

207-4 Country-by-country reporting Not disclosed

3-1 Process to determine material topics ESG management

Improving resource efficiency

GRI 3: Material 301-1 Materials used by weight or volume

Topics 2021 3-2 List of material topics ESG management

Key ESG performance data

GRI 301: Materi- Improving resource efficiency

3-3 Management of material topics ESG management als 2016

301-2 Recycled input materials used Key ESG performance data

201-1 Direct economic value generated and distributed See 2025 Annual Report 301-3 Reclaimed products and their packaging materials

Improving resource efficiency

Key ESG performance data

201-2 Financial implications and other risks and opportuni- Climate response 302-1 Energy consumption within the organization

Improving resource efficiency

GRI 201: Eco- ties due to climate change Key ESG performance data

nomic Perfor-

mance 2016 201-3 Defined benefit plan obligations and other retirement Employee rights and welfare GRI 302: Energy plans 2016 302-2 Energy consumption outside of the organization

Improving resource efficiency

Key ESG performance data

201-4 Financial assistance received from government N/A 302-3 Energy intensity Improving resource efficiencyKey ESG performance data101 2025 Environmental Social and Governance (ESG) Report Appendix 102

General Standard Disclosures Report Section General Standard Disclosures Report Section

Improving resource efficiency 306-1 Waste generation and significant waste-related im- Emissions and waste manage-302-4 Reduction of energy consumption Key ESG performance data pacts ment

GRI 302: Energy

2016

302-5 Reductions in energy requirements of products and Improving resource efficiency 306-2 Management of significant waste-related impacts

Emissions and waste manage-

services Key ESG performance data ment

GRI 306: Waste 306-3 Waste generated Emissions and waste manage-

303-1 Interactions with water as a shared resource N/A 2020 ment

306-4 Waste diverted from disposal Emissions and waste manage-ment

303-2 Management of water discharge-related impacts Improving resource efficiency

306-5 Waste directed to disposal Emissions and waste manage-

GRI 303: Water ment

and Effluents 303-3 Water withdrawal Improving resource efficiency

2018 GRI 308: Suppli- 308-1 New suppliers that were screened using environmen- Sustainable supply chain

Emissions and waste manage- er Environmen-

tal criteria

303-4 Water discharge ment tal Assessment 2016 308-2 Negative environmental impacts in the supply chain and actions taken Sustainable supply chain

303-5 Water consumption Improving resource efficiency 401-1 New employee hires and employee turnover Talent attraction and retentionKey ESG performance data

Operational sites owned leased managed in or adja- GRI 401: Em-

304-1 cent to protected areas and areas of high biodiversity N/A ployment 2016 401-2 Benefits provided to full-time employees that are not Employee rights and welfare

value outside protected areas provided to temporary or part-time employees

401-3 Parental leave Employee rights and welfare

304-2 Significant impacts of activities products and servic-es on biodiversity N/AGRI 304: Biodi- GRI 402: Labor/

versity 2016 Management 402-1

Minimum notice periods regarding operational chang-

es Not disclosedRelations 2016

304-3 Habitats protected or restored N/A

403-1 Occupational health and safety management system Occupational health and safety

304-4 IUCN Red List species and national conservation list species with habitats in areas affected by operations N/A 403-2 Hazard identification risk assessment and incident investigation Occupational health and safety

305-1 Direct (Scope 1) GHG emissions Improving resource efficiency 403-3 Occupational health services Occupational health and safetyKey ESG performance data

403-4 Worker participation consultation and communica-tion on occupational health and safety Occupational health and safety

305-2 Energy indirect (Scope 2) GHG emissions Improving resource efficiencyKey ESG performance data

GRI 403: Occu- 403-5 Worker training on occupational health and safety Occupational health and safety

305-3 Other indirect (Scope 3) GHG emissions Not disclosed pational Health and Safety 2018 403-6 Promotion of worker health Occupational health and safety

Prevention and mitigation of occupational health and

GRI 305: Emis- 305-4 GHG emissions intensity Improving resource efficiency 403-7 safety impacts directly linked by business relation- Occupational health and safetysions 2016 Key ESG performance data ships

403-8 Workers covered by an occupational health and safety 305-5 Reduction of GHG emissions Improving resource efficiency management system Occupational health and safety

403-9 Work-related injuries Occupational health and safety

305-6 Emissions of ozone-depleting substances (ODS) Emissions and waste manage-ment 403-10 Work-related ill health Occupational health and safety

305-7 Nitrogen oxides (NOx) sulfur oxides (SOx) and other Emissions and waste manage-significant air emissions ment GRI 404: Training 404-1 Average hours of training per year per employee

Talent attraction and retention

Key ESG performance data

and Education

2016 404-2 Programs for upgrading employee skills and transi-tion assistance programs Talent attraction and retention103 2025 Environmental Social and Governance (ESG) Report Appendix 104

General Standard Disclosures Report Section Self-Regulatory Guidelines No. 17 for Companies Listed on Shenzhen

GRI 404: Training

and Education 404-3 Percentage of employees receiving regular perfor-mance and career development reviews Talent attraction and retention

Stock Exchange – Sustainability Report (For Trial Implementation) In-

2016 dex Table

GRI 405: Diver- 405-1 Diversity of governance bodies and employees Employee rights and welfare

sity and Equal

Opportunity 405-2 Ratio of basic salary and remuneration of women to 2016 men Not disclosed Dimension NO Topic Report Section

GRI 406: An- 1 Climate Response Climate change response

ti-discrimina- 406-1 Incidents of discrimination and corrective actions taken Employee rights and welfaretion 2016 2 Pollutant Discharge Emissions and waste management

GRI 407: Free- 3 Waste Disposal Emissions and waste management

dom of Associa- Operations and suppliers in which the right to free-

tion and Collec- 407-1 dom of association and collective bargaining may be N/A 4 Ecosystem and Biodiversity Protection Ecosystem and biodiversity protectiontive Bargaining at risk

2016 Environ-

mental 5 Environmental Compliance Management Emissions and waste managementGRI 408: Child Operations and suppliers at significant risk for inci-

Labor 2016 408-1 dents of child labor N/A

6 Energy Utilization Improving resource efficiency

GRI 409: Forced

or Compulsory 409-1 Operations and suppliers at significant risk for inci- 7 Water Resources Utilization Improving resource efficiency

Labor 2016 dents of forced or compulsory labor

N/A

8 Circular Economy Green products

GRI 410: Security 410-1 Security personnel trained in human rights policies or

Emissions and waste management

Practices 2016 procedures Not disclosed

9 Rural Revitalization Community charity

GRI 411: Rights

of Indigenous 411-1 Incidents of violations involving rights of indigenous N/A 10 Social Contributions Community charity

Peoples 2016 peoples

11 Innovation R&D and innovation

413-1 Operations with local community engagement im-GRI 413: Local pact assessments and development programs Community charity The Company was not engaged in scientific research technolo-

Communities 12 Ethics of Science and Technol- gy development or other activities in technology-ethics-sensi-

2016 413-2 Operations with significant actual and potential neg-

ogy tive fields such as life sciences and artificial intelligence so it is

ative impacts on local communities N/A not applicable.GRI 414: Suppli- 414-1 New suppliers that were screened using social criteria Sustainable supply chain

13 Supply Chain Security Sustainable supply chain

er Social Assess- Negative social impacts in the supply chain and ac- Social At the end of the Reporting Period the Company did not have ment 2016 414-2 tions taken Sustainable supply chain 14 Equal Treatment of SMEs accounts payable (including notes payable) with a balance ex-ceeding RMB30 billion or accounting for more than 50% of total

GRI 415: Public assets so it is not applicable

Policy 2016 415-1 Political contributions N/A

15 Product and Service Safety Product quality and safety

416-1 Assessment of the health and safety impacts of prod-

and Quality Customer service

GRI 416: Cus- uct and service categories Product quality and safety

tomer Health 16 Data Security and Customer Privacy and data security

and Safety 2016 416-2 Incidents of non-compliance concerning the health

Privacy

and safety impacts of products and services Not occurred

Employee rights and welfare

Requirements for product and service information 17 Employees Talent attraction and retention417-1 and labeling N/A Occupational health and safety

GRI 417: Market- 18 Due Diligence ESG management

ing and Labeling 417-2 Incidents of non-compliance concerning product and

2016V service information and labeling

Not occurred

Sustainabil- 19 Stakeholder Engagement ESG management

417-3 Incidents of non-compliance concerning marketing communications Not occurred

ity-related

governance 20 Anti-commercial Bribery and Anti-corruption Business ethics

GRI 418: Cus-

tomer Privacy 418-1 Substantiated complaints concerning breaches of 21 Anti-unfair Competition Corporate governance

2016 customer privacy and losses of customer data

Not occurred105 2025 Environmental Social and Governance (ESG) Report Appendix 106

Appendix III - Reader feedback form regarding the

Report

Dear reader

Thank you for taking the time to review Senior's Environmental Social and Governance (ESG) Report. We genuinely

appreciate your attention to this report and invite you to share any feedback or suggestions that could help us

enhance future editions.Please rate this report by marking it with an in the appropriate box:

Question Excellent Good Average Poor Don't Know

Do you believe this report effectively

highlights the key environmental social Should you have any comments or recommendations please do not hesitate to reach out to the Company using the

and governance aspects of Senior following contact methods:

Tel: 0755-36800999

Do you find the information and metrics

disclosed in this report to be clear accu- Email: esg@senior798.com

rate and comprehensive

Address: 5 North Tianyuan Road Gongming Matian Sub-district Office Guangming District Shenzhen Guangdong

How would you evaluate the content or- Province China

ganization and design style of this report

in terms of readability

Your information

How do you assess Senior's performance

in serving customers and safeguarding

their interests Name:

Company:

Which section of the report interests you the most Position:

Phone:

What additional information would you recommend including in this report Email:

Do you have any suggestions for the Company to improve future reports2025

Environmental Social and Governance (ESG) Report

SHENZHEN SENIOR TECHNOLOGY MATERIAL CO. LTD.Be the best global function separator manufacturer

Shenzhen Senior Technology Material Co. Ltd.Address: 5 North Tianyuan Road Gongming Matian Sub-district Office

Guangming District Shenzhen Guangdong Province China

Web: https://www. senior798. com/

Tel.: 0755-36800999