ESG And Executive Compensation

Linking Executive Compensation to ESG-related Performance Evaluations

Linking to Incentives and Performance

In order to encourage executive managers and all employees to focus on ESG performance, 2030 Sustainability Vision and ESG related metrics are linked to the short- and long-term compensation for CEO, President, Executive Managers and ESG function managers.

1. CEO & President:Sustainability Performance (20%), Learning (10%).

2. Executive Manager & ESG function Manager : (1) Sustainability performance (5-10%) included Sustainable Procurement Management, Promoting Renewable Energy, Climate Risk Management, Human Rights Due Diligence, Information Security Management. (2) Learning (5%) included ESG training for employees (Climate Change Issues, Carbon Price, Sustainable Procurement Guidelines)

Long-term performance target

Long-term performance target of CEO and President included financial performance, customer, management targets and long-term strategies to leverage Ennoconn Group’s competitiveness and profitability for the next three years (2024~2026). Sustainability performance and learning metrics account for 30% of the total, which is expected to encourage company implement four strategies of 2030 Sustainability Vision and which is expected to supervise efficiently ESG tasks and to achieve the goal of domestic and international sustainability assessment.