VisEra established the “ESG (Environmental, Social, and Governance) Sustainable Development Promotion Committee” in December 2021 as the Company’s highest decision-making body for sustainable development. The President serves as the chair and the Committee appoints a management representative to jointly review the Company’s core business capabilities with senior managers of different fields and establish medium to long-term sustainable development plans. The ESG Sustainable Development Promotion Committee convenes quarterly reports to track the target implementation status, formulate ESG action plans, and continuous improvement measures, and reports the results and work plans to the Board of Directors each year. The Board of Directors considers the Company’s future business strategies and proposes recommendations for implementation. In May 2022, the Committee reported the results of the Company’s ESG operations in the previous year, the 2022 work plan, and the identification of potential significant ESG issues to the Board of Directors.