2024年

可持续发展报告

Wingtech

Technology Co., Ltd.

2024 Sustainability

Report

TABLE OF CONTENTS

UNITY ANDHARMONY, CREATINGSUSTAINABLEDEVELOPMENT

GREENDEVELOPMENT,EMPOWERINGGREEN TRANSITION

INNOVATION-DRIVEN,CRAFTSMANSHIPCREATING MODELS

EMPLOYEECARE, BUILDINGA HAPPYWORKPLACE

0203

ABOUT THIS REPORTCHAIRMAN'S MESSAGEKEY PERFORMANCE IN 2024COMPANY INTRODUCTIONSUSTAINABILITY MANAGEMENT

STANDARDIZING CORPORATEGOVERNANCEBUILDING THE RISK SYSTEMCOMPLIANCE WITH BUSINESS ETHICSPROTECTING INFORMATION SECURITY

GREEN MANAGEMENT SYSTEMRESPONSE TO CLIMATE CHANGEOPTIMIZING RESOURCE MANAGEMENTCOMPLIANCE EMISSION MANAGEMENT

PROMOTING PRODUCT INNOVATIONSEIZING CLEAN OPPORTUNITIESIMPROVING QUALITY CONTROLDEEPENING INDUSTRY EXCHANGES

TALENT ATTRACTION AND RETENTIONTALENT CULTIVATION AND GROWTHEMPLOYEE CARE AND INTEGRATIONHEALTH AND SAFETY PROTECTION

GRI STANDARD INDEX TABLE95

RESPONSIBLEPARTNERSHIP, JOINTCOOPERATION ANDCONSTRUCTION

STANDARDIZING RESPONSIBLEPROCUREMENTPROMOTING RURAL REVITALIZATIONPROVIDING EDUCATIONAL SUPPORT

0102

Wingtech Technology Co., Ltd. 2024Sustainability Report

This report is the 2024 sustainability report issued by Wingtech Technology Co., Ltd., aiming to comprehensively presentWingtech's sustainability practices and related performance to stakeholders.About This Report

Note: The Semiconductor Business Sector of the Group also publishes a sustainability report. For more detailed economic,environmental, and social performance, please refer to the Nexperia Sustainability Report: www.nexperia.com/about/sustainability.

The content of the Report covers Wingtech and its subsidiaries. The Reporting Period is from January 1, 2024, to December31, 2024, with an annual publication cycle. To enhance the timeliness, comparability, and completeness of the Report,some content may extend to previous or subsequent years.Reporting Scope

The data and cases cited in this report are all from the official documents, statistical reports, and annual reports ofthe Company and its subsidiaries. Unless otherwise specified, the amounts shown in the Report are presented inRMB, and amounts of foreign currencies have been converted to RMB at the exchange rate of the Bank of China onDecember 31, 2024.

Data Explanation

This report is compiled with reference to the GRI Sustainability Reporting Standards (GRI Standards) released bythe Global Sustainability Standards Board (GSSB), the Guideline No.1 Self-Regulatory Rules for Companies Listedon the Shanghai Stock Exchange-Regulated Operations and the Guidelines No.14 of Shanghai Stock Exchangefor Self-Regulation of Listed Companies—Sustainability Report (Trial) released by the Shanghai Stock Exchange,the Guidance on the Social Responsibility of the Information and Communication Technology Industry (SJ/T16000-2016) released by the China Electronics Standardization Association, Ministry of Industry and InformationTechnology, China and the disclosure requirements of the United Nations Sustainable Development Goals (UNSDGs).

Reporting Standards

The Report is published in electronic format on the official website of the Company (http://www.wingtech.com/).The report is available in Simplified Chinese and English versions. In case of any discrepancies in understanding,please refer to the Simplified Chinese version.Release Method

If you have any questions or suggestions about the content of this report, we welcome you to contact us throughthe following contact methods.Company Website: http://www.wingtech.com/cnEmail: 600745mail@wingtech.comAddress: No. 777 Yazu Middle Road, Nanhui District, Jiaxing City, Zhejiang ProvincePostal Code: 314000

Contact Information

Terminology ExplanationTerminology Explanation

The GroupRefers toWingtech Technology Co., Ltd. and its subsidiariesThe Company, we, Wingtech,Wingtech Technology

Refers toWingtech Technology Co., Ltd.Wingtech Communications, ProductIntegration Business Sector

Refers toWingtech Communications Co., Ltd.Nexperia, Nexperia Semiconductor,Semiconductor Business Sector

Refers toNexperia B.V., an oversea operating entity subsidiary of the Nexperia GroupReporting PeriodRefers toJanuary 1, 2024, to December 31, 2024RMB, Ten Thousand RMB HundredMillion RMB

Refers toRenminbi Yuan, Renminbi Ten Thousand Yuan, Renminbi Hundred Million YuanCompany LawRefers toCompany Law of the People's Republic of ChinaSecurities LawRefers toSecurities Law of the People's Republic of ChinaArticles of AssociationRefers toArticles of Association of Wingtech Technology Co., Ltd.IDMRefers to

Integrated Design & Manufacture, a semiconductor operation mode integratingdesign and manufacturingODMRefers to

Original Design Manufacturer develops, designs, and manufactures productsaccording to the client's requirementsIoTRefers toInternet of Things

ABOUT THIS

REPORT

CHAIRMAN'S

MESSAGE

KEY PERFORMANCE

IN 2024

COMPANYINTRODUCTION

SUSTAINABILITYMANAGEMENT

RESPONSIBLEPARTNERSHIP

STANDARD INDEX

TABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

0304

Wingtech Technology Co., Ltd. 2024Sustainability Report

In 2024, the global macroeconomic developmentfaced complex challenges, with technologicaliterations and green transformations intertwined.Against this backdrop, Wingtech always adheresto the core values of "Be Upward, Be Kind, BeSunshine", responds to changes with strategicresilience, seizes opportunities through innovativepractices, and fully promotes a sustainabledevelopment strategy, dedicated to deliveringa high-quality score in the fields of economy,environment, society, and governance.Wingtech continuously focuses on technologyinnovation, actively exploring new enginesfor value growth. In 2024, Wingtech's annual

R&D investment amounted to RMB 4.13 billion.Through constant innovation, Wingtech empowerssustainable development, launching multipleproducts this year that reduce energy and materialconsumption. Among them, the 1200V SiC MOSFET,with its stability and low-energy characteristics, wonthe "Annual Power Semiconductor Product Award",providing key technological support for efficientenergy conversion in fields such as new energyvehicles and photovoltaic energy storage; the 650V10A SiC diode product portfolio achieves higherefficiency in a smaller size; the new generation oflow-voltage analog switches saves circuit boardspace with unique design, reducing material waste;the LCD bias power supply IC reduces batterywaste, indirectly helping to reduce greenhouse gasemissions.The AI has injected new vitality into Wingtech'ssemiconductor business. In the first half of 2024,

Wingtech's semiconductor business experiencedrapid growth in applications such as AI datacenters, AI server power supplies, AI PCs, andmobile phones. In the third quarter of 2024, thesemiconductor business grew by nearly 30% year-on-year and nearly 20% month-on-month in thefield of computer equipment (PCs, servers, datacenters). The demand for semiconductor productsin fields such as AI PC and AI servers has increasedsignificantly, especially for specialized MOSFETs and

protection devices used for server hot swappingand soft starting. Taking the MOSFET products usedin servers as an example, the usage value of thecompany's MOSFET products in AI servers is about10 times that in non-AI servers.Wingtech always integrates the environmentalprotection concept into strategic decision-making.Wingtech commits to achieving carbon neutralityby 2050, with its semiconductor business achievingcarbon neutrality for Scope 1 and 2 emissions nolater than 2035. In 2024, Wingtech's investment inenvironmental protection management reachedRMB 23.51 million, significantly reducing theoperational carbon footprint through technologicaltransformation, clean production, and circulareconomy. The greenhouse gas emission densityof Wingtech decreased by 42.1% year-on-year,and the amount of harmless waste reduced by

12.27%. According to the latest rating results from

the international authoritative institution MorganStanley (MSCI), Wingtech is superior to the globalindustry average in key areas such as water stress andchemical safety. With its outstanding performance,in 2024, Wingtech was rated as one of the top 50sustainable industrial enterprises in China by Forbes,and its MSCI ESG rating was upgraded to BBB level,ranking among the leading global ESG companies.Wingtech believes that talent is the most valuableasset of the Company and attaches great importanceto talent development. In 2024, Wingtech releasedthe Diversity, Equity, and Inclusion Statement,committing to establish a diverse, equitable, andinclusive (DEI) working environment, dedicatedto creating a workplace that promotes employeegrowth and potential realization. It also promotesDEI initiatives and training globally to ensure thatdiverse talents have learning and developmentopportunities.

Wingtech adheres to the philosophy of "Creatingcorporate value while giving back to society" andpersists in public welfare. Wingtech has consecutively

carried out the "Boai Support Program" for five

Chairman'sMessage

Chairman of Wingtech During the

Reporting PeriodChairman of Nexperia

years, assisting poor students at Yunnan NationalHigh School in realizing their dreams of pursuingeducation. In 2024, Wingtech donated RMB 6million to the disaster-stricken area of Meizhou,Guangdong affected by heavy rain, contributingto post-disaster reconstruction. Wingtech activelypromotes regional economic development and ruralrevitalization by helping poor areas to increaseemployment, providing education assistance,and aiding in sales, making contributions to theharmony and stability of society. Every bit ofkindness accumulates like a river, and Wingtechhas been honored with the "Annual ESG ValueBrand" award, which demonstrates the extensiverecognition from all sectors of society.

Wingtech is committed to jointly promoting thesustainable development of the industry chain withits suppliers and partners. Wingtech strengthens

communication and consultation with suppliers,establishing a strict management system in supplieradmission, selection, and self-assessment, ensuringthat business ethics and compliant operations arethroughout the entire process. In 2024, Wingtechissued the Anti-Slavery and Human TraffickingPolicy, promising to regularly review and assessinternal operations and advocating for the supplychain to strictly comply with the anti-slaveryand human trafficking policy. At the same time,Wingtech also encourages suppliers and partnersto improve in terms of energy consumption, laborconditions, production technology, and emissionreduction, jointly promoting the sustainabledevelopment of the industry chain.The road is long and arduous, but progress will bemade. In 2025, Wingtech will continue to be guidedby the "GREAT" sustainability strategy, workinghand in hand with investors, customers, employees,and partners to tackle global challenges with thepower of innovation, to protect our clear watersand green mountains with a sense of responsibility,and to jointly write a new chapter of sustainabledevelopment!

ABOUT THIS

REPORT

CHAIRMAN'S

MESSAGE

KEY PERFORMANCEIN 2024

COMPANYINTRODUCTION

SUSTAINABILITYMANAGEMENT

RESPONSIBLEPARTNERSHIP

STANDARD INDEXTABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

RESPONSIBLEPARTNERSHIP

STANDARD INDEXTABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

Wingtech Technology Co., Ltd. 2024Sustainability Report

Key Performance in 2024

Economic Performance

RevenueRMB

73.6

billion

Social Performance

Total Investment in Donation andPublic Welfare Projects

FemaleEmployee Ratio

Investing RMB

6.04

million, benefiting

people

Total Number ofEmployees

29,48237%

Environmental Performance

Greenhouse GasEmission Intensity

EnvironmentalProtectionInvestment Amount

3.97

tCO

e/RMB Million of Revenue

RMB

23.51

million

ABOUT THISREPORT

CHAIRMAN'S

MESSAGE

KEY PERFORMANCEIN 2024

COMPANYINTRODUCTION

SUSTAINABILITYMANAGEMENT

RESPONSIBLEPARTNERSHIP

STANDARD INDEXTABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

Total Investment in PovertyAlleviation and Rural Revitalization

Investing RMB

3.99

million, benefiting

people

RESPONSIBLEPARTNERSHIP

STANDARD INDEXTABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

0708

Wingtech Technology Co., Ltd. 2024Sustainability Report

Company Introduction

Confronting global climate change and geopolitical challenges, Wingtech always adheres to responsible business operations,upholds the core values of "Be Upward, Be Kind, Be Sunshine", and continuously strives to build a technology product manufacturerspearheaded by semiconductor innovation and founded on a hardware circulation platform. Wingtech is committed to becoming aglobally competitive enterprise, actively giving back to shareholders, customers, employees, and society, and continuously creatinggreater value.

Wingtech is a Chinese A-share listed company with a stock code of 600745. It is a globally leading semiconductor and productintegration enterprise that integrates R&D, design, and manufacturing. It mainly provides global customers with the R&D, design,wafer fabrication, and packaging testing of semiconductor power devices and analog chips; as well as becoming a long-term partnerof well-known domestic and international companies in the fields of automotive, communications, consumer, industrial, etc.After years of industry experience accumulation, Wingtech has developed a strong supply chain management and vertical integrationcapability in the industrial chain, boasting excellent R&D design and technological innovation capabilities, a comprehensive globaldelivery system, and industry-leading large-scale smart manufacturing capabilities. It has become a long-term partner of well-knowndomestic and international companies in the fields of automotive, industrial and energy, computing, consumer, and mobile andwearable devices.

Group Profile

Mission

To motivate the innovation.To contribute to the society.To change the world.

Vision

Wing the tech, win the

world. To be a GreatProduct Company.

Core Values

Be Upward, Be Kind, Be Sunshine.

Through semiconductors and components innovation,emnowering system integration and transforming into a great product company

Chip desginWafersEquipment/assemblyChips/devicesTerminalsGlobal customers

Semiconductor

The world's leading manufacturer of Analog &

Logic ICs and Power semiconductor devices

Product Integration

Global leader in ODM for communication productsShipments exceed 100 million pcs/year, accounting for

7%-10% of the global smartphone market

Wingtech has always been driven by innovation, advancing its strategic goals with steady steps. By continuously enhancing its corecompetitiveness and profitability, Wingtech has established an outstanding brand image in the market and gained widespreadrecognition and trust within the industry.Operating Condition

The operating income was

RMB

73.6

billionUp by

20.23%

Net cash flow from operatingactivities was RMB

4.49

billion

SemiconductorBusiness Sector

2023 China's 1st largest discrete power devicecompany for the second consecutive year; the3rd among global discrete power device andsemiconductor consecutive, rising two positionscompared to 2022 (based on the research data ofICWISE).

plants

ProductIntegrationBusiness Sector

Leading the global mobile phone ODM industryin terms of shipment for years; the business hasshown a diversified development pattern in mobilephones, tablets, laptops, IoT, household electricalappliances, automotive electronics and otherfields.

plants

Operating Status of Wingtech in 2024

ABOUT THIS

REPORT

CHAIRMAN'S

MESSAGE

KEY PERFORMANCEIN 2024

COMPANYINTRODUCTION

SUSTAINABILITYMANAGEMENT

RESPONSIBLEPARTNERSHIP

STANDARD INDEXTABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

RESPONSIBLEPARTNERSHIP

STANDARD INDEX

TABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

0910

Wingtech Technology Co., Ltd. 2024Sustainability Report

Wingtech goes global through endogenous development and international mergers and acquisitions. We actively explore the newdevelopment path of Chinese enterprises toward globalization and accelerate their global layout.

Global Layout

Wingtech Global Layout

Wafer Fab/R&D Center

UK

Semiconductor Business SectorOver

R&D Centers

Wafer Fabs

Assembly & Test Factories

Product IntegrationBusiness Sector

R&D Centers

Innovation Centers

Manufactories

Distributing in

countries andregions

Over

cities

Wafer Fab/R&D Center

GermanyHeadquarter/R&D CenterNetherlands

IndiaManufactory

R&D Center/Operation Center/

ManufactoryChina

R&D Center/Assembly & Test

Malaysia

KoreaInnovation CenterJapanR&D CenterR&D Center/ Assembly & Test

ChinaPhilippinesAssembly & TestIndonesiaManufactory

USAR&D Center

ABOUT THISREPORT

CHAIRMAN'SMESSAGE

KEY PERFORMANCEIN 2024

COMPANYINTRODUCTION

SUSTAINABILITYMANAGEMENT

RESPONSIBLEPARTNERSHIP

STANDARD INDEXTABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

RESPONSIBLEPARTNERSHIP

STANDARD INDEXTABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

1112

The Product Integration Business Sector started to specialize in mobile phone solution design in 2006. Since then, we have beengradually transformed from an independent design house (IDH) to an ODM, integrating R&D, design, and manufacturing. We arenow a world-leading mobile phone ODM. In 2019, we successfully acquired Nexperia to enter the fray of the semiconductor IDM field,connecting upstream suppliers with downstream clients, and became a global product company (GPC).In 2024, based on a deep analysis of the geopolitical environment and the Company's business development, and after thoroughdeliberation and prudent decision-making, the Company will undergo a strategic transformation to build a new developmentpattern. It plans to sell its product integration business assets and will subsequently focus entirely on the semiconductorbusiness. This move will systematically enhance the Company's competitive edge in the semiconductor industry and concentrateresources to improve the profitability of its business. Adhering to the development philosophy of "innovation drives and

Development History

Wingtech Technology Co., Ltd. 2024Sustainability Report

efficiency wins" the Company will keep pace with the development trends of industries such as intelligent new energy vehicles,industrial automation, renewable energy, AI data centers and terminals, and robotics. It will continuously launch high-performancesemiconductor products and solutions to lead the entire industry towards a higher level and a more innovative direction.

2006

·The Company was founded

2008

·Became first Chinese mobile phoneODM company

2014·Served global branded customers

2018

·Further expanded business scope

2020·Developed overseas specificcustomer smart home business·Launched world premiere 5G

2023·Expand overseas home appliancecustomers

·Develop automotive electronicscustomers

2007

·Launched groundbreaking single-chip dual-SIM technology·Became the largest IDH company inChina·Construction of production base

2019

·Established a global deliverysystem·Acquired Nexperia·Expanded overseas operatorclients

·Expanded overseas top-tier mobilebrand clients

2024·Based on a thorough analysis of thegeopolitical environment and theCompany's business development,the Company will undergo astrategic transformation to builda new development pattern. Inthe future, it will focus entirely onthe semiconductor business tosystematically enhance its competitiveedge in the semiconductor industryand concentrate resources to improvethe profitability of its business.

2021

·Developed specific overseascustomer laptop business

2012·Became largest global mobilephone ODM

2017·Successfully listed in ShanghaiStock Exchange

20062007

Early Phase ofEstablishment

ODM Transformation, RapidDevelopment Phase

Business Scope Continued to ExpandCompany Restructuring and Listing

Business Integration PhaseAcquiring Nexperia, a full-industry-chain model is formed201220192024

ABOUT THISREPORT

CHAIRMAN'S

MESSAGE

KEY PERFORMANCE

IN 2024

COMPANYINTRODUCTION

SUSTAINABILITYMANAGEMENT

RESPONSIBLEPARTNERSHIP

STANDARD INDEXTABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

RESPONSIBLEPARTNERSHIP

STANDARD INDEXTABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

1314

Moments of Glory

The Company have been included in a number of mainstream indexes inside and outside China, including the FTSE Russell FlagshipIndex, MSCI Global Standard Index, SSE 180 Index, and CSI 300 Index. Those honors fully demonstrate our market position as a blue-chip technology stock and reflect our influence in the capital market.Meanwhile, we attach great importance to sustainable development as evidenced by our ESG ratings from MSCI, EcoVadis, Sustainalytics,Refinitiv, Wind, and Quantdata.

Capital Market Recognition

Yunnan Federation of Industry

and Commerce YunnanProvincial Chamber of CommerceHubei Federation of Industryand Commerce Hubei ProvincialChamber of Commerce

China Federation ofElectronics and InformationIndustry (CFEII)

China Semiconductor Industry

Association

Shanghai Integrated Circuit

In-dustry Association

Wuxi SemiconductorIndustry As-sociationShanghai Software Industry

Asso-ciation

China Automotive Chip Industry

Innovation Strategic Alliance

Shanghai CommunicationManu-facturing AssociationChina advanced semiconductor industry

innovation alliance

Wingtech Technology Co., Ltd. 2024Sustainability Report

Association Member

To fulfil our social responsibilities and promote industry development collaboratively for mutual benefit, the Group actively maintainsclose ties with industry associations and various sectors of society. We participate in industry associations and alliances such asChina Federation of Electronics and Information Industry, the China Semiconductor Industry Association, and the China advancedsemiconductor industry innovation alliance, and the China Automotive Chip Industry Innovation Strategic Alliance. Additionally, weactively engage with chambers of commerce and associations in regions such as Hubei, Shanghai, Zhejiang, Jiangsu, and Yunnan,effectively leveraging Wingtech’s role in the synergy of the electronics and semiconductor fields.

Industry Associations

GaN Annual Outstanding Product AwardAnnual Power Semiconductor Product Award

Capital Power 2024 Out-standing Listed Company AwardTop 10 Power Device Enterprises in China's SemiconductorIndustry

Annual ESG Value BrandESG New Benchmark Enterprise AwardHard Science and Tech-nology Strength

Award

Honored with the "China New Generation Employer - Top 100

Employers of the Year" awarded by 58.com

Ranked among the "Top 100 Competitive Enterprises in the

Electronic Information Industry in 2024"Selected as an "Excellent Case of 2024 Listed Compa-nies'

Comprehensive Management Practice (ESG)"Listed on the "Fortune China 500 List"Won the "China's Outstanding Management Company" award by

Deloitte BMC for three consecutive yearsWon the "Best ESG Practice Award for Listed Companies"

ABOUT THISREPORT

CHAIRMAN'SMESSAGE

KEY PERFORMANCEIN 2024

COMPANYINTRODUCTION

SUSTAINABILITYMANAGEMENT

RESPONSIBLEPARTNERSHIP

STANDARD INDEX

TABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

RESPONSIBLEPARTNERSHIP

STANDARD INDEX

TABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

BBB

79.24 (AA)A

20.9 (Medium Risk)

Gold

1516

Wingtech Technology Co., Ltd. 2024Sustainability Report

Sustainability Management

Wingtech actively assumes social responsibilities, aiming to create long-term value for all stakeholders. We deeply embed the conceptof sustainable development into our daily operations, continuously enhancing the commercial value of the Group while strengtheningour own sustainable development capabilities to achieve long-term goals of sustainable operations.

Upholding the mission of "To Motivate the Innovation; To Contribute to the Society; To Change the World", Wingtech hascomprehensively reviewed the sustainable development trends, risks, and opportunities related to the business of the Group. Basedon the transformation vision of "Great Product Company," we implement the "GREAT" sustainable development strategy. We promotegrowth through robust operations and technological innovation, while also focusing on the needs of employees and partners, jointlyadvancing the development of sustainable businesses, and building a more environmentally friendly, socially responsible, andeconomically sustainable electronics industry ecosystem for the future.By understanding the expectations and concerns of various stakeholders and combining global industry leading practices withthe Group's actual business development strategy, we have identified "Good Governance, Reliable Partners, Technical Innovation,Advanced Talent Management, Environmental Protection & Climate Action" as the five major sustainable development directionsfor Wingtech. Looking forward, Wingtech will work hand in hand with partners to jointly build a green ecosystem and promote theprocess of sustainable development.

Wingtech has established a comprehensive sustainable governance structure, consisting of a "governance, decision-making,execution, and implementation" four-tier sustainability governance framework formed by the Board of Directors ("the Board"),ESG and Sustainability Management Committee, ESG and Sustainability Management Working Group, and Implementation Teamof Business Sectors. For specific responsibilities, please refer to the official website of the Group. The Group's Board of Directorssupervises the ESG management performance assessment and progressively links the ESG management performance assessmentmechanism, and continuously improving indicators with the performance of relevant management levels, empowering sustainablevalue creation with a heightened sense of responsibility.Sustainable Strategy

Sustainability Governance Framework

Good Governance· Prudent operation· Business ethics· Information security

Technical Innovation

· Smart devices· Clean technologies &

green products· Digital empowerment

Advanced Talent -Management· Talent attractionand retention· Future workforceplanning

Environmental Protection &

Climate Action· Pollution prevention &

control· Resource efficiency· Circular economy

Reliable Partner· Product liability· Customer services· Responsible supply chain· Community relationshipGREAT

The Board of Directors, as the highest governing body for the Company's ESG matters, is responsible forleading and overseeing the development and implementation of ESG activities. This includes but is notlimited to:

· Environmental: Manage and lower the environmental impact caused by the operation of the Company,such as water resource management, responses to climate change, energy management, developmentof and investment in clean technologies, and emission management;· Social: Manage the impact caused by the operation of the Company on various stakeholders in

the society, including customers, employees, suppliers and communities, such as product safetyand customer services, user privacy and data security, occupational health and safety, employees'rights, interests and development, respect for human rights and diversity, responsible procurement,philanthropy and social welfare;· Governance: Enhance internal corporate governance, such as business ethics and integrity monitoring,anti-money laundering and anti-unfair competition, and public disclosure of non-financial information.The ESG and Sustainability Management Committee, as the key management for ESG and sustainabilitymatters, is responsible for making overall decisions on the Company's ESG matters and for drivingeffective implementation of sustainability decisions internally at the management level. This includes:

· Monitor the development of ESG visions, strategies and policies;· Monitor the implementation of the ESG visions, strategies and policies;· Report regularly to the Board on the effectiveness of the ESG mechanism; and· Review the annual Sustainability Report and make recommendations to the Board for approval.The ESG and Sustainability Management Working Group, serving as the operational and execution layerfor ESG and sustainable development matters, its responsibilities include advancing the refinement ofthe Company's ESG and sustainable development management mechanisms, as well as coordinating theimplementation of relevant milestones and projects according to established plans, including but notlimited to:

· Facilitating key milestones in advancing ESG and sustainable development initiatives to establish

company-wide ESG management plans and work standards, thereby promoting the effectiveimplementation of sustainable development activities within the Company through the establishment ofmanagement networks;

· Coordinating the Implementation Team of Business Sectors to develop corresponding implementation

and improvement plans for the management of their respective issues, ensuring the comprehensiveimplementation of sustainable development principles throughout the Company’s operations.

Sustainability Strategy of Wingtech

Lead and oversee

Formulate strategicgoals and action plans

Promote ESG and sustainabilitymanagement

Board ofDirectors

ESG andSustainabilityManagementCommittee

ESG andSustainabilityManagementWorking Group

Implement ESGand sustainabilitymanagement

The Team of Business Sectors, as the primary execution layer for ESG and sustainable developmentmatters, actively respond to and implement the ESG and Sustainability Management Working Group'srequirements for advancing ESG-related work, including but not limited to:

· Addressing ESG risks and opportunities in daily operations, and formulating targeted measures forbusiness response;· Regularly reporting relevant work to the ESG and Sustainability Management Working Group, andsharing best ESG practices with each business sectors.

ImplementationTeam of BusinessSectors

Sustainability Governance Framework of Wingtech

ABOUT THIS

REPORT

CHAIRMAN'S

MESSAGE

KEY PERFORMANCEIN 2024

COMPANYINTRODUCTION

SUSTAINABILITYMANAGEMENT

RESPONSIBLEPARTNERSHIP

STANDARD INDEXTABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

RESPONSIBLEPARTNERSHIP

STANDARD INDEXTABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

1718

Wingtech Technology Co., Ltd. 2024Sustainability Report

Wingtech respects the demands of stakeholders, adhering to the principles of integrity, equality, and transparency, continuouslyimproving stakeholder engagement mechanisms and communication methods. We fully consider the issues of concern tostakeholders in our strategic decision-making, achieving mutual benefit and win-win outcomes.

Wingtech involves stakeholders in the assessment of material issues and the identification of significant ESG risks during operationsby regularly inviting them to fill in questionnaires, thereby clarifying issues that are important to both our business and stakeholdersand disclosing them in the report.

During the Reporting Period, the Company reviewed and examined ESG issues and materiality assessment results. After assessment,there were no significant changes in our business and external environment in 2024, with 23 ESG issues identified as relevant to theGroup's business. We confirmed their impact, and the confirmed ESG materiality matrix is as follows:

Stakeholder CommunicationMateriality Assessment

Considering industrial features,stakeholders' expectations, sus-tainability reporting standards,and concerns of external sustain-ability rating, we selected 23 ESGtopics in close connection with theCompany based on our operationand strategic direction.

We invited stakeholders to rate theimportance of ESG topics throughonline questionnaires, analyzedfrom the perspectives of "impacton the Company's business" and"impact on stakeholders" basedon the survey results, prepared amateriality assessment matrix, andprioritized ESG topics.

We submitted the materialityassessment results to our seniormanagement, discussed theassessment with considering theopinions of external experts, andeventually determined the mate-riality assessment results suitablefor us and the prioritization ofESG topics.

Identify

topics

Researchanalysis

Confirmation ofevaluation results

Very High

Very High

High

Materiality to the stakeholders

Materiality to theCompany

Staff activity

Climte change

Environmental issuesSocial issuesGovernance issues

Procurement practices

Supplier management

Independent innovationHealth and safety

Product safety and qualityNetwork information securityand privacy protectionBusiness ethics andanti-corruptionEnvironmental compliance

Customer serviceConflict minerals management

Intellectual property rightsOpportunities in clean technology

Prohibition of childlabor and forced labor

Energy management

Waste management

Talent growthFinished productpackaging

Emission management

Water resource

managementEmployment managementCharity

ABOUT THIS

REPORT

CHAIRMAN'S

MESSAGE

KEY PERFORMANCE

IN 2024

COMPANYINTRODUCTION

SUSTAINABILITYMANAGEMENT

RESPONSIBLEPARTNERSHIP

STANDARD INDEX

TABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

RESPONSIBLEPARTNERSHIP

STANDARD INDEX

TABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

1920

Wingtech actively responds to the UN SDGs, constantly improving sustainable development management from both environmentaland social aspects, contributing to the realization of the global sustainable development blueprint.

UN SDGsUN SDGsThe Company's Key InitiativesThe Company's Key InitiativesReport ChaptersReport Chapters

Responding to the United Nations Sustainable Develop-ment Goals

Building a responsible supply chain,conducting CSR audits on suppliers, activelyparticipating in industry exchanges, andpromoting win-win cooperation throughoutthe entire industry chain

Responsible Partnership,Joint Cooperation andConstruction——StandardizingResponsible Procurement

Responsible Partnership, JointCooperation and Construction——Promoting RuralRevitalization

We partnered with enterprises of a poverty-stricken county to create job opportunitiesfor local residents, thus boosting localeconomic development and promoting ruralrevitalization.

Employee Care, Building a HappyWorkplace——Talent Attraction andRetentionInnovation-Driven,Craftsmanship CreatingModels——Promoting ProductInnovation

We are fully committed to protecting thelegitimate rights and interests of employees,and prohibited the use of child labor andforced labor.We promoted research driven and innovationempowered development, and activelyfacilitated the research, development, andapplication of clean technologies.

Green Development, EmpoweringGreen Transition——Optimizing ResourceManagementEmployee Care, Building aHappy Workplace——Employee Care andIntegration

We facilitated green production and tookenergy-saving measures.We created a fair and respectful workplaceand provided equal opportunities for all.

Green Development,Empowering Green Transition——Optimizing ResourceManagementResponsible Partnership,Joint Cooperation andConstruction——Providing EducationalSupport

Promote water conservation and recycling,seek alternative water sources, and protectrare water resourcesWe engaged in volunteer services,social assistance, education assistance,psychological health assistance and othercharitable activities to offer help to poverty-stricken and vulnerable populations.

Employee Care, Building a HappyWorkplace——Talent Attraction and RetentionInnovation-Driven,Craftsmanship CreatingModels——Seizing CleanOpportunities

We are dedicated to ensuring equalemployment opportunities for all andproviding labor protection and care for ourfemale employees.We realized responsible production byfacilitating the research, development, andapplication of clean technologies.

Employee Care, Building a HappyWorkplace——Talent Cultivation and GrowthResponsible Partnership, JointCooperation and Construction——Providing EducationalSupportGreen Development,Empowering GreenTransition

We established a "dual-pyramid" positionsystem and implemented the talent reviewmodel to cultivate outstanding talents.Our efforts in education support involvecontributing high quality education resourcesto students and teachers in remote areas.We strengthened environmentalmanagement, established emission reductionaction plans, and adopted energy-savingmeasures to achieve emission reductiontargets.

Employee Care, Building a HappyWorkplace——Health and Safety ProtectionUnity and Harmony, CreatingSustainable Development——Compliance with BusinessEthics

We utilized safety management processcontrol, and carried health and safety trainingto protect the physical and mental health ofemployees.We conducted business ethics reviews, anti-corruption training, and other efforts to fostera disciplined and clean-handed environment.

Wingtech Technology Co., Ltd. 2024Sustainability Report

ABOUT THIS

REPORT

CHAIRMAN'SMESSAGE

KEY PERFORMANCE

IN 2024

COMPANYINTRODUCTION

SUSTAINABILITYMANAGEMENT

RESPONSIBLEPARTNERSHIP

STANDARD INDEX

TABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

RESPONSIBLEPARTNERSHIP

STANDARD INDEX

TABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

Unity and Harmony,Creating SustainableDevelopment

Adhering to a win-win business model is key to driving a company towards long-term success. Excellentcorporate governance, coupled with efficient management of business partnerships, significantlyenhances the core competitiveness of the enterprise, propelling its sustainable development forwardsteadily. Wingtech is always committed to refining its internal control system, continuously improving itscorporate governance standards and operational capabilities, and fully ensuring that its operations alignwith the long-term interests of the group and all shareholders.

Contributions to UN SDGs

Key Performance Indicators

General Meetings of Shareholders,

meetings of the Board ofDirectors, and

meetings of the Board of Supervisors were heldFemale directors accounted for

%, female supervisors accounted for

66.7

%

Wingtech Technology Co., Ltd. 2024Sustainability Report

ABOUT THIS

REPORT

CHAIRMAN'S

MESSAGE

KEY PERFORMANCE

IN 2024

COMPANYINTRODUCTION

SUSTAINABILITYMANAGEMENT

RESPONSIBLEPARTNERSHIP

STANDARD INDEXTABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

RESPONSIBLEPARTNERSHIP

STANDARD INDEX

TABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

2324

Unity and Harmony, Creating Sustainable Development

Building the Risk SystemWingtech believes that a sound risk management and control mechanism is the cornerstone of the Company's steady progress.In the complex and ever-changing international situation, Wingtech actively improves its risk management and control system,comprehensively manages risk points in all business processes, and carries out targeted risk response and avoidance to ensurethe stable development of the Company. Our Jiaxing Factory has obtained ISO 22301 Business Continuity Management Systemcertification, enabling it to effectively manage various unexpected events through effective management mechanisms.

Investor CommunicationIn order to ensure true, accurate, timely and complete information disclosure, we have developed the Information DisclosureManagement Regulations and the Internal System for Material Information in strict accordance with relevant laws and regulations,which further refine the management of investor relations.Wingtech strengthens communication and interaction with shareholders, the public shareholders, and investors through variousforms. In 2024, the Company actively plans multiple thematic series, releasing them through WeChat official accounts to deeplyinterpret the Company's development from different perspectives; actively participating in industry forums and media activitiesto promote win-win cooperation and development with global elite partners; using information visualization to innovate valuecommunication methods, striving to deliver information more efficiently to investors and the public; actively carrying out investorresearch activities, receiving over a hundred investors for on-site visits and exchanges.

Standardizing Corporate GovernanceWingtech strictly complies with the applicable laws in the locations where it operates, including the Company Law of the People'sRepublic of China and the Securities Law of the People's Republic of China. We have established a governance structure consisting ofGeneral Meeting of Shareholders, the Board of Directors, and the Board of Supervisors to effectively protect the interests of investorsand the Company.Governance StructureThe Group has established a corporate governance structure centered around the General Meeting of Shareholders, the Board ofDirectors, and the Supervisory Committee, and has formulated comprehensive supporting management systems. Under this system,the Board of Directors leads and supervises the Group's business development and operations, and governs four professionalcommittees, namely the Audit Committee, the Nomination Committee, the Remuneration and Appraisal Committee, and the StrategicCommittee. These committees support the Board in carrying out its decision-making and supervisory duties, ensuring that decisionsare both prudent and compliant.

Wingtech strictly adheres to the relevant provisions of the Articles of Association, meticulously regulating the convening, holding, and votingprocesses of the shareholders' meeting. Shareholders enjoy rights and fulfill obligations corresponding to the type of shares they hold;for shareholders holding the same type of shares, it is ensured that they enjoy equal rights and bear the same obligations. Additionally,Wingtech actively engages professional lawyers to attend the General Meeting of Shareholders, with the lawyers issuing legal opinions on theconvening and voting procedures of the meeting for public announcement, thereby fully safeguarding the legitimate rights and interests of allshareholders.

General Meeting ofShareholders

Board of Directors

Wingtech highly values shareholder interests and adheres to scientific decision-making. Wingtech strictly follows the conditions and proceduresstipulated in the Articles of Association for the selection of directors. When identifying director candidates, multiple dimensions such as skills,knowledge, gender, age, cultural and educational background, or professional experience are fully considered to establish a diverse board,thereby enhancing corporate governance and decision-making capabilities, ultimately achieving sustainable development goals.We ensure that the selection of directors is open, fair and independent, and have a highly talented Board of Directors composed of industryexperts with diverse backgrounds in areas such as semiconductors, finance, accounting, marketing, etc. They have accumulated richprofessional experience in their respective fields. As of the end of the Reporting Period, the Board consisted of five directors, including twoindependent directors, and the proportion of female directors was 40%.The Board of Directors, in accordance with the provisions and requirements of the Articles of Association, earnestly fulfills its duties, operating ina standardized manner in terms of convening methods, discussion procedures, voting methods, and resolution content.The Group has also scientifically implemented a clawback mechanism to manage the salary risks of the Board and management effectively.When the Company's directors, supervisors, president, and other senior management members breach their duties to the Company, besides therights and remedies specified by law, the Company can reclaim all or part of their compensation. These individuals must also return any benefitsgained from such breaches.

Board of Directors

Board ofSupervisors

To further enhance the working efficiency and scientific decision-making of the Board of Supervisors, all members of our Board of Supervisorsare elected in strict accordance with the election procedures stipulated in the Articles of Association. we have also formulated and clarifiedthe rules of procedure, the discussion method, and the voting procedure. We hold meetings of the Board of Supervisors on a regular basis toprovide oversight and offer feedback regarding the operation of the Company and the performance of duties by the directors and the seniormanagement of the Company. As of the end of the Reporting Period, we had a total of three supervisors, two of whom were female, accountingfor 66.7%.

Strategic CommitteeRemuneration andAppraisal CommitteeNomination Committee

Board of Directors

Audit Committee

Corporate Governance Structure of Wingtech

During the Reporting Period, Wingtech actively carried out investor research activities, welcoming over a hundred investors tovisit the Company for on-site observation and exchange. In the research activities, the Board secretary and staff provided detailedexplanations to the investors about the Company's business highlights, and led them on a tour of the exhibition hall to directlyunderstand the current industry situation and prospects, as well as the advantages and wide application fields of the Company'sproducts. Through a series of sharing and explanations, the investors were helped to gain an understanding of the Company'sbusiness.

Wingtech’s Investors Visit the Company

Strengthening Mutual Communication with Investors,Showcasing an Open and Transparent ImageCase

2526

Unity and Harmony, Creating Sustainable Development

Risk ManagementWingtech continuously identifies and monitors potential risks across multiple areas including product export, technologydevelopment, work safety, sales management, quality control, and financial accounting. To promptly take corresponding effectivecontrol measures, targeted emergency plans including the Emergency Network Security Incident Plan and Handling Flowchart wasestablished. The Board / Audit Committee are the highest decision-making bodies for the Company's risk management. Duringthe Reporting Period, Wingtech has established a comprehensive risk management process to effectively reduce risk levels. Ourrisk management framework consists of three lines of defense: Business Departments, Functional Departments, and the AuditDepartment:

The Group integrates enterprise risk management into the business management and the compliance management system toestablish a routine and dynamic risk management model. Through early warning risk indicators, we guide business departmentsin developing appropriate corrective actions and continuously optimize the implementation of risk management. A company-levelemergency team is established in response to specific incidents. The emergency team is tasked with assessing and overseeingthe comprehensive risk management efforts and facilitating the implementation of risk mitigation. Furthermore, we have set upan International Situation Risk Response Team, which is made up of senior management and the heads of supply chain, strategy,procurement, sales, manufacturing, products, finance, legal affairs, investment and financing, capital market, and public affairs. Thisteam is designed to quickly respond to operational risks arising from complex international situations and to make timely and rationaldecisions under various conditions. During the Reporting Period, the Semiconductor Business Sector has implemented a digital systemto manage risks within the organization, enabling efficient and effective identification, analysis, and monitoring of internal riskswithin the organization.Compliance ManagementWingtech has established the Internal Audit System and Internal Audit Work Standards by following laws and regulations such asthe Company Law of the People’s Republic of China and the Basic Internal Control Norms for Enterprises. These initiatives aim tostandardize the internal audit work within the Group, and enhance the internal audit in promoting economic management andimproving economic efficiency of the Company. During the Reporting Period, we introduced the Research and Development CenterExport Control Compliance Guidelines for the Group's R&D operations to standardize the compliance of R&D export managementprocesses; published the Personal Information Processing Agreement (Cross-border Version) and the Data Cross-border ComplianceGuidelines for cross-border personal information processing to comprehensively ensure the effectiveness of data cross-bordercompliance risk management; and added the Company External Information Disclosure Compliance Review Guidelines to unify thereview standards for externally released promotional information.We have developed a three-tiered compliance management structure focusing on data, export, information security, andproduct network security. The Compliance Management Committee Establishment and Operation Standards and other policieshave been formulated to standardize the operations of the Compliance Management Committee. The Compliance ManagementCommittee is in charge of reviewing the Company’s compliance system and major compliance issues and coordinating internal andexternal resources. Under the Compliance Management Committee, there are four sub-committees responsible for the planning,establishment, execution, and supervision of the compliance system. The practical compliance execution level is in charge of theimplementation of various compliance policies:

Facing the global business landscape, the Compliance Management Committee collaborates with domestic and international lawfirms to conduct compliance risk assessments on the Company’s specific operations and actively respond to relevant risks. Duringthe Reporting Period, the Company has completed compliance management and internal audit of data compliance related to exportcontrol, and has compiled a list of identified compliance risks and a list of key compliance execution items.

In response to policy changes in various government departments, we have established a dynamic dissemination of export controland economic sanctions regulations, and send monthly email updates to leadership at the director level and above, includingposters on export control trade compliance dynamics and data compliance updates. During the Reporting Period, we have alsointegrated denied party screening software (DPS software) to regularly screen suppliers against restriction lists from variouscountries. Compliance officers and legal staff will update and assess the restriction lists in real time and communicate any changes tocolleagues in the Sales and Marketing Center immediately.

In daily operations, the efficient approval and strict management of various processes are crucial for ensuring smooth businessoperations, safeguarding the interests of the Company, and ensuring compliant operations. From document distribution to suppliercertification, and further to fixed asset procurement, contract approval, and various information reviews, each link bears theimportant responsibilities and missions of Wingtech. In 2024, Wingtech continues to effectively implement relevant complianceapproval processes within the Group, thereby further optimizing process management, enhancing approval efficiency, andstrengthening risk prevention and control, thus promoting the stable development of the enterprise.

Maintaining the Group’s Compliance Operations,Strengthening Compliance Risk Management

Case

The Company's compliance decision-making level isresponsible for approving and deciding on the compliancesystem and major compliance issuesThe Company's compliance execution level isresponsible for the planning, establishment,execution, and supervision of the compliancesystem

The Company's compliance execution level isresponsible for the planning, establishment,execution, and supervision of the compliancesystemThe Company's practical compliance executionlevel is responsible for the actual implementationof various compliance policies

Compliance ManagementCommittee

Data ComplianceSub-Committee

Data ComplianeImplementationGroup

ExportCompliane Sub-

Committee

Export ComplianeImplementation

Group

InformationSecurity Sub-

Committee

Information

SecurityImplementation

Group

ProductNetworkSecurity Sub-

Committee

Product NetworkSecurityImplementationGroupThe third line of defense:

Evaluate, monitor, and promoteimprovement in the comprehensiverisk management activities carriedout by the first and second lines ofdefense.

Audit DepartmentBusiness Departments

The second line of defense:

Take responsibility for coordinating,planning, building, maintaining, andimproving the risk management andinternal control system.

The Company's practical compliance executionlevel is responsible for the actual implementationof various compliance policies

Board of Directors

Board of DirectorsAudit Committee

Functional Departments

Wingtech Risk Management Structure

The first line of defense:

Collect initial risk informationand identify risks; proactivelyimplement risk response plansand participate in building a riskmanagement culture.

2728

Unity and Harmony, Creating Sustainable Development

During the Reporting Period, Wingtech actively participated in multiple compliance and risk management industry exchange activities,including the Practical Sharing Conference on Compliance and Rights Protection for Intelligent Manufacturing Going Global as wellas the 5th WELEGAL Legal Alliance Greater Bay Area Legal Affairs Conference and other significant events. In these industry exchangeactivities, Wingtech, along with industry experts and partners, discussed the latest trends and practical experiences in compliancemanagement, further enhancing understanding of the compliance and risk management fields for intelligent manufacturing goingglobal. This has provided valuable references and guidance for the Company's future compliance management work.

Actively participating in industry exchanges,strengthening compliance and risk management

Case

Practical Sharing Conference on Compliance and Rights Protection for

Intelligent Manufacturing Going Global

5th WELEGAL Legal Alliance Greater Bay Area Legal Affairs Conference

Compliance with Business Ethics

We strictly comply with laws and regulations against corruption, extortion, fraud, money laundering, and unfair competition, includingbut not limited to the Criminal Law of the People's Republic of China, Anti-Money Laundering Law of the People's Republic of China,and Anti-Unfair Competition Law of the People's Republic of China, as well as provisions related to prohibiting commercial bribery.Regardless of tenure and rank, we adopt a zero-tolerance attitude towards any severe violation of business ethics. Any dishonestcandidate will be rejected from being hired.

Business Ethics SystemWingtech have formulated the Regulations on Supervision, the Code of Conduct andthe Management Procedure for Labor and Business Ethics, regulating the behaviorof management and employees, and eliminating illegal and disciplinary actions.We require all employees to be honest and self-disciplined in their business andproduction activities and to learn, master, and comply with all requirements ofthe Code of Business Conduct. During the Reporting Period, we summarized riskbehaviors across seven functions, including supervision, supply, procurement,finance, information security, code of conduct, and legal affairs and regulations. Onthis basis, we formulated the Red Line Management System, which precisely definesviolations and further eliminates incidents potentially impacting the Company’snormal operations due to human factors. If an employee breaches the defined “RedLines”, resulting in direct or indirect financial losses for the Company, damage tothe Company’s image, or violations of ethical standards, system requirements, andcorporate culture, we will follow the Employee Behavior Reward and PunishmentManagement Measures to take disciplinary action against such violations, therebyprotecting the Company’s image and interests.

Click to learn more:

Wingtech Employee Code of

ConductNexperia Code of Conduct

"Red Line" Behaviors Defined by Wingtech

Corrupt practices such as solicitingand accepting bribes, solicitingkickbacks, embezzlement and bribery

Violation of theCompany's informationsecurity managementsystem, the occurrenceof leakage of companysecrets

The behavior that causes greateconomic loss or great negativeinfluence to the Company

dereliction

Other actions that shouldbe punished according tothe Company's rules and

regulations

Distortion of the data

provided,Falsification

Managerial misconductand misappropriationof duties

Tolerance

Zero

Unity and Harmony, Creating Sustainable Development

Business Ethics Review

The Board of Directors is the key decision-making and supervisory body for the Group's business ethics management, playing a coreleadership role in ensuring that the Group adheres to business ethics norms. Each business sector establishes its own managementstructure for business ethics based on characteristics such as operational regions and business directions. Specifically, the ProductIntegration Business Sector appoints the Supervisory Committee as the dedicated department responsible for investigating andhandling corrupt practices. The Supervisory Department, serving as the executive department for supervision, implements verticalmanagement in business operations. Each first-level department appoints a director-level or above personnel as the DepartmentSupervision Interface Person to fully cooperate with the work of the Supervisory Department, which also conducts assessments andevaluations of the Department Supervision Interface Persons. The Semiconductor Business Sector appoints an Ethics Committee,comprised of the COO, HR Director, Senior Director Legal, and Head of Global Audit of Nexperia, to oversee comprehensivemanagement of Nexperia’s business ethics and compliance operations, ensuring that all employees, suppliers, and business partnersunderstand and comply with our business ethics standards. For further ethical practices in the Semiconductor Business Sector, pleaserefer to the Business Integrity and Ethics chapter of Nexperia 2024 Sustainability Report.During the Reporting Period, Wingtech sent self-inspection emails regarding fraudulent behavior to all employees, encouraging themto self-declare. If employees self-declare corruption or fraud within a specified period and actively return illicit gains, the Companywill consider mitigating, reducing, or exempting punishment.The Group's Audit Department follows an annual audit plan to conduct special audits, which requires audits of key business modules(e.g., internal control, customs compliance, procurement, sales) every year and audits of sub-focused business modules every threeyears. The audits cover all operating locations of Wingtech and cover business ethics, employee behavior, anti-corruption and anti-bribery.Wingtech conducts a thorough review of the integrity records of employees eligible for promotion, salary increase, andcommendation, and exercise veto power over the promotion and salary increase of any employee who has seriously violated businessethics. During the Reporting Period, Wingtech identified several cases of fraud and transferred over one individual to the judicialauthorities, which saved the Company from direct or indirect economic losses and the punishment results were communicated to allemployees.

Integrity Culture PromotionWingtech places great emphasis on enhancing the anti-corruption awareness and concepts of all employees, and is committed tostrengthening employees' understanding of the importance of business ethics and normative systems through diverse means. Besidesorientation training, we annually send out publicity materials on business ethics during significant festivals. For part-time employeesand contractors, we also annually organize and provide online courses on the Code of Business Conduct to remind them to maintainintegrity and self-discipline.We organize both online and offline training sessions on a regular basis, which cover topics such as anti-corruption laws and regulationsand corporate rules and systems to help employees enhance their understanding and mastery of pertinent knowledge. Additionally, anti-corruption posters and slogans are displayed in the Company to remind employees to follow standards and guide them to develop properbusiness ethics. Through these initiatives, we endeavor to establish an honest, transparent, and fair corporate culture, which serves as asolid foundation for the Company’s sustainable development. By the end of the Reporting Period, the Product Integration Business Sectorhad conducted a total of 168 training sessions on business ethics, reaching 32,872 attendees. Every year, all members of TeamNexperia arerequired to participate in a mandatory annual Code of Conduct training. The latest session took place in November 2024. The SemiconductorBusiness Sector also continued their annual global Code of Conduct training, which is mandatory for all employees.In today's business environment, business ethics is not only the cornerstone of a company's own sustainable development but alsoa key element in building a healthy and stable supply chain. During the Reporting Period, Wingtech formulated anti-corruptionpromotional posters aimed at suppliers and displayed them, committed to working hand in hand with all suppliers to jointly adhereto these norms, thereby upholding the highest ethical standards in business activities and avoiding any improper conduct, such asbribery, fraud, or unfair competition.

While ensuring the Company’s integrity in business operations, Wingtech continuously pays attention to the business ethicsof suppliers and communicates the ethical requirements and policy to suppliers through regular interactions and at supplierconferences. Wingtech require all suppliers to sign the Letter of Commitment to Integrity to oppose commercial bribery and unfaircompetition. Once suppliers are proven to have broken corporate ethics, such as by bribing Wingtech workers, they will be placed onthe list of non-cooperation.

Zero leakage ofcomplaints and reports

100% of employees participating in the anti-corruption training before admission

At least 1 anti-corruption trainingsession participated in by full-time employees each year

To enhance the awareness of integrity, create a clean corporate environment, the Company carried out the "Honest Wingtech" monthduring the Reporting Period. The activity included collecting integrity slogans, voting, advocacy, inviting and conducting an all-staff integrity training, announcing the winners, and issuing the Integrity and Cleanliness Promise Letter signed by all employees.These measures have stimulated employees’ enthusiasm for participation, expanded the influence of integrity culture, enhanced theawareness of integrity self-discipline, set examples of integrity, integrated the concept of integrity into corporate operations, and laida solid foundation for sustainable development.

The "Honest Wingtech" MonthCase

Business Ethics Control Indicators

Our Measuresto Improve theAnti-corruption

AwarenessEmails are sent to all employees on impor-tant holidays to remind them of integrity

Integrity and anti-corruption training videosare published on Wingtech School for emplo-yees to learn

Anti-corruption posters and circulars areposted on the wall of the corridor and thebulletin board to implant the values into theminds of employeesAll newly admitted employees receivehonesty and integrity training and arerequired to sign the Letter of Commitmentto Anti-corruption

3132

Unity and Harmony, Creating Sustainable Development

Protecting Information Security

Wingtech complies with the rules and relevant regulations on privacy protection and information security in the countries and regionswhere it operates, such as Internet Information Service Management Measures, Cybersecurity Law of the People's Republic of China,Data Security Law of the People's Republic of China, Personal Information Protection Law of the People's Republic of China, ConsumerRights Protection Law of the People's Republic of China, and the EU's General Data Protection Regulation. During the Reporting Period,Wingtech did not experience any information leakage incidents.Wingtech and its subsidiaries equally comply with the rules and relevant regulations of the countries in which they have operations.Information Network Security Management SystemThe Company strictly follows the ISO 27001 Information Security Management System standard, committed to building, executing,maintaining, and continuously optimizing our information security management system, which covers multiple internal systems andmanagement processes. During the Reporting Period, we have formulated relevant systems such as the Cybersecurity ManagementSpecifications, the Information Security Management System, the Product Network Security Management Procedure, the EmployeeRed Line Management System, the Data Backup Management System, the Computer Room Management System, and the FactoryInformation Security Confidentiality System, clearly defining the Company's information security management requirements.We further standardized the information security of our outsourcing departments and added information security requirementsfor outsourcing demand departments, outsourcing procurement departments, outsourcing development, and other outsourcingpartners in related system regulations such as the Construction and Exit Operation Guide for External Confidential Areas and the DailyManagement Specification for External Confidential Area Security. This is to strictly regulate the responsibilities of all parties andensure that work matters are completed safely and efficiently.The Information Security Department continuously constructs a data center platform, through self-developed and built systems,achieving systematic control and management of all the work of the Information Security Department. It categorizes and recordsvarious aspects of the department's work, comprehensively enhancing the department's information management. The systemconsists of 17 sections, 163 forms and reports, with a total of 38,375 work entries recorded throughout the year. SemiconductorBusiness Sector formulated the Information Security Policy with reference to the Cyber Security Framework (CSF) of the NationalInstitute of Standards and Technology (NIST) of the USA.In 2024, the Product Integration Business Sector set an annual goal of zero loss for the New Product Introduction (NPI) stage andimplemented strict risk management measures at each key node, successfully achieving the set target. For further information securityprotection measures in the Semiconductor Business Sector, please refer to the Cybersecurity, Data Protection and Privacy chapter ofNexperia 2024 Sustainability Report.Wingtech has established the Product Network Security Subcommittee under the Product Safety Committee, which is responsiblefor the construction of the product network security system and the decision-making of daily matters. The Product Network SecurityImplementation Group is responsible for the actual execution.

To effectively prevent and punish corrupt practices, Wingtech has established a comprehensive reporting system with clear reportingchannels and standardized processing procedures. Both employees and external parties can report unethical behavior or incidentsthrough various means such as email and phone. For employees who report illegal or disciplinary violations that are verified, theCompany will provide appropriate rewards based on specific circumstances. Wingtech encourages real-name reporting to enhancethe credibility and efficiency of handling reports, but also respects and accepts anonymous reports to ensure the security andconfidentiality of the informant's information.We have established a reward system for whistleblowers and a confidentiality system for their information, ensuring strictconfidentiality of the whistleblowers' information and strictly prohibiting the disclosure of the whistleblowers' identity or revealingthe reporting materials and whistleblowers' situations to the reported unit, the reported person, or other unrelated personnel.Furthermore, Wingtech explicitly stipulates that no one may retaliate against whistleblowers in any form. If a whistleblower suffersany form of retaliation, we will promptly initiate an intervention procedure, deal with the retaliatory behavior severely, and pursuelegal responsibilities for those who violate national laws and regulations. The Semiconductor Business Sector has established aSpeakUp Line that allows every employee, supplier, business partner, and other stakeholder to submit complaints anonymously.Equal Treatment for Small and Medium-sized EnterprisesWe always adhere to the principles of fairness and transparency in the management of small and medium-sized enterprises ("SMEs"),ensuring that SMEs enjoy equal opportunities in cooperation and supporting their sustainable development through a series ofexecutable measures. We are committed to establishing a mutually beneficial and win-win partnership with SMEs, promotingcommon growth through risk sharing and resource sharing. We strictly enforce the payment cycle stipulated in the contract to ensuretimely payments to SMEs, alleviating their financial pressure and promoting their healthy development.

Channels for Complaint and ReportingWingtech has established a diverse reporting channel to strengthen integrity self-discipline, including the Company's official website,reporting hotline, WeChat, and official accounts, ensuring smooth and unobstructed information flow. At the same time, throughvarious media such as the internet, posters, and contracts, it has widely promoted the reporting methods to enhance awareness.By embracing the monitoring and reporting from all external stakeholders, including clients and suppliers, we can boost internalsupervision while also identifying issues and enhancing our capacity for supervision as well as maintaining the Company's goodimage.

Reporting mailbox: a mailbox hung at an appropriate location in the office area.Reporting email: wingtech_jc@wingtech.comReport website: Wentai Technology official website - integrity complaints channelReporting hotline: 0755-22905515-6013, 18820246013 (also the WeChat number)Reporting WeChat: 18820246013Official account: "Wingtech Supervision" WeChat Official AccountLetters and visits: Office of the Supervisory Committee, 3/F, Podium Building, Kingkey Oriental Metropolis Tower, No. 1003,Yanhe North Road, Luohu District, Shenzhen

Planning, construction, implementation, andsupervision of the data compliance system

Planning, construction, implementation, andsupervision of the data compliance systemImplementation of all regulations under the

data compliance system

Implementation of all regulations under the

data compliance systemData Protection Officer

Data Protection OfficerData ComplianceSubcommittee

Data ComplianceSubcommitteeData ComplianceImplementation

Information SecurityManagement Committee

Organizational Structure of Our Compliance Management Committee

Unity and Harmony, Creating Sustainable Development

Information Network Security and Privacy Protection

Guided by national laws and regulations, and in conjunction with customer and industry standards, Wingtech has establishedcomprehensive data protection principles.Wingtech places a high emphasis on the information security and privacy protection of its employees. To prevent the leakageof employee information, the Legal and Compliance Department has formulated the Employee Personal Information HandlingGuidelines for colleagues in the HR Department to enhance their awareness and execution of personal data protection. During therecruitment process, we also ensure the legal collection and protection of personal information, ensuring the transparency andlegality of information collection.

Xi'an Wingtech Information Technology Co,.Ltd Shanghai Wingtech Information Technology

Co,.Ltd

Wingtech Technology (Wuxi) Co., Ltd Huangshi Wingtech Communication Co., Ltd

The Company also attaches great importance to the security of customer information and data. We require all employees to sign ageneral information security confidentiality agreement that outlines the repercussions and criminal liability for breach of contract, andkey employees are required to sign a special confidentiality agreement. It is strictly forbidden for anyone to illegally obtain, disclose,tamper with, damage or sell personal data and information of clients and other people of the Company, gain unauthorized accessto client systems and equipment, or collect, store, process and modify data and information within clients' networks and equipment.In addition, we have set up physical isolation zones in areas that may involve customer confidentiality, namely confidentiality zones,strengthening information security protection.During the Reporting Period, we conducted penetration testing and vulnerability scanning by simulating hackers to assess whetherthere are vulnerabilities in our group's systems that can be exploited by attackers and the associated risks, providing a practical basisfor formulating corresponding security measures and solutions. After third-party penetration testing verification, the overall risk levelis low, and no vulnerabilities were found.We regularly organize information security incident emergency drills, simulating real scenarios to familiarize employees withemergency procedures, enhance their response and decision-making abilities during security incidents, and further improve theirawareness of sudden information security risks.

Data Protection PrinciplesData processing must belawful, fair, and transparent tothe data subject.

Data Minimization

Only data that is absolutelynecessary for the specified purposeshould be collected and processed.

Integrity and Confidentiality

The processing procedure must ensureappropriate security, integrity, andconfidentiality (such as using encryptiontechnology).

Purpose Limitation

Data must be processedfor the legitimate purposesexplicitly stated to the datasubject at the time of datacollection.

Storage Limit

Personal identity information canonly be stored for the durationrequired for the specified purpose.Accuracy

Personal data must bemaintained for accuracy andtimeliness.

Responsibility

The data controlleris responsible fordemonstratingcompliance withrelevant national lawsand regulations.

We carry out phishing email simulation drills for all employees. We send simulated phishing emails to employees through the internalemail platform. For employees who click on phishing links or submit information, we organize additional email security awarenesstraining and assessments to enhance the overall phishing email defense awareness of all employees with realistic scenarios.

Conducting Phishing Email DrillsCase

During the reporting period, five subsidiaries of the Group have obtained

ISO 27001

Information Security Management System certification.

Data Protection Principles

3536

Unity and Harmony, Creating Sustainable Development

Wingtech bolsters our efforts in information security publicity by regularly disseminating information security-related knowledgethrough e-mail, online self-study courses and on-site training sessions. We also pay great attention to raising employees' awarenessof network security, carry out a series of training activities related to product network security, including security system training fornew employees, project security strategy training, and product network security baseline training. At the end of the Reporting Period,Product Integration Business Sector has carried out 268 information security related training sessions, covering 35,552 people in total.The Semiconductor Business Sector conducts an annual Code of Conduct training, which includes the topics cybersecurity and dataprotection, is mandatory for all employees. We ensure that the completion rate reaches at least 80% and all new employees completethese mandatory trainings within 72 hours as part of their onboarding.

The Company attaches great importance to the cultivationof employees' information security awareness. Duringthe Reporting Period, we launched the 2024 XingshengtaiAcceleration Program: the whole series of Xingshengtaitraining for the Process and IT Management Department.This series of training has introduced 29 courses, includinggeneral domain parts and professional foundation parts.The training content covers detailed information oninformation security requirements, avoiding informationsecurity violations, and solutions for various cross-departmental information security issues. We alsoregularly propagate information security awareness toall employees through emails and other means, aimingto inspire employees to play an active role in protectingcompany data and assets, safeguarding the enterprise'ssecurity.

2024 Xingshengtai Acceleration Program forCultivating Information Security AwarenessCase

Xingshengtai Acceleration Program of the Product

Integration Business Sector

Training· Onboarding safety training, special on-the-job safety training· Confidentiality Agreement for New Employees, Special

Confidentiality Agreement· Regularly evaluate the effectiveness of training· Workshop signs

Transportation

· Rules for confidentiality on product appearance and parameters· Confidentiality rules for the use and transportation of parts

and products

· Confidential delivery of finished products· Rules for publishing classified documents

Physical area

· Physical security isolation and control in the R&D Project Area

and the Trial Production Area

· Access control, safety inspection management· Regional monitoring system and confidentiality management· Onfidentiality specifications for scrap area

HR Management

· Investigation of integrity record of new recruits· Background investigation of new recruits (work history,

reasons for job-hopping, etc.), identification of personnel

safety risks· Establish a management team with professional information

security awareness· Establish an information security system for direct staff· Third-party information security

File control

· Standard system document development andmanagement· Document acceptance - Transfer rules· Document printing, distribution, recycling and

destruction management

· Records management

Media control

· Control rules for storage media such as mobile

phones, smart watches, USB flash drives, harddisks, and web drives/cloud drives

· Photo/shooting equipment management

Information Technology (IT) system

· Key design network isolation· Project information encryption processing· Office network access permission management· USB and I/O port access control· Outgoing mail permission control· Regional network isolation in the Trial Production

Area

Wingtech Information Security Management Process

Innovation-Driven,CraftsmanshipCreating Models

"To Motivate the Innovation. To Contribute to the Society. To Change the World" is the proud vision ofWingtech, which is also the cornerstone of its technological progress. Wingtech delves into the industry,driven by technological innovation, guided by customer needs, and insists on the path of high-qualitydevelopment, continuously breaking boundaries and exploring unknown areas.

Contributing to the UN SDGs

Key Performance Indicators

RMB

4.13

billion of R&D investmentThe Product Integration Business Sector owns a total of

2,368

grantedpatentsThe Semiconductor Business Sector owns

500+

patent familiesCumulative

valid patents related to clean technology

Wingtech Technology Co., Ltd. 2024Sustainability Report

ABOUT THISREPORT

CHAIRMAN'SMESSAGE

KEY PERFORMANCEIN 2024

COMPANYINTRODUCTION

SUSTAINABILITYMANAGEMENT

RESPONSIBLEPARTNERSHIP

STANDARD INDEXTABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

RESPONSIBLEPARTNERSHIP

STANDARD INDEX

TABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

3940

Innovation-Driven, Craftsmanship Creating Models

In 2024, the Company's Semiconductor Business Sector, as a global leading semiconductor solution provider, hasmade significant progress in technological innovation and product development, further consolidating its leadingposition in the industry.

Launched a new series of two-way output LCD bias power supply products featuring space-saving and highefficiency, aimed at extending the lifespan of thin-film transistor liquid crystal display panels, helping displaydevices achieve high-performance performance.Introduced an energy balance calculator, a powerful web tool designed to help battery management engineersmaximize the battery life of their applications or achieve battery-free applications.Released multiple new MOSFETs for PoE, eFuse, and relay replacement products, further expanding its range ofdiscrete switching solutions.Launched a new series of 4-channel and 8-channel analog switch products specifically designed for monitoringand protecting 1.8V electronic systems, suitable for automotive, consumer, and industrial applications.Introduced ten standard products and ten automotive-grade products using the DFN2020D-3 package, expandingthe popular power bipolar junction transistor product portfolio.Launched a series of high-performance gate driver ICs, which can be used to drive high-side and low-side N-channelMOSFETs in synchronous buck or half-bridge configurations, further improving the robustness and efficiency ofindustrial and automotive applications.Launched a series of new logic ICs using miniature automotive-grade MicroPak XSON5 leadless packaging,designed specifically for space-constrained applications, suitable for automotive applications to save space andenhance reliability.Introduced a new generation of fixed-direction voltage level converters, which can reduce power consumption andreduce the number of pins.

For detailed R&D innovation progress in the semiconductor business sector, refer to the "Nexperia SustainabilityReport".

In 2024, the Product Integration Business Sector continued to exert efforts in the new product field, successivelyovercoming the motor control technology of the car-mounted flip screen, the solution of COB Camera, and thehigh-performance low-power TBOX technology in the automotive field. In the mobile phone field, it focused ondeveloping AI Phone products, especially launching a comprehensive AI Phone solution for operators in NorthAmerica. In the notebook field, it focused on overcoming cooling technology, including thin blade fans, multi-slotpole fan motors, and intelligent fan speed control.

Promoting Product InnovationAs a global leader in integrated research and development, design, and manufacturing of semiconductor and product integration,Wingtech keeps pace with the global innovation and development trends, continues to increase innovation investment, sets upinnovation incentive mechanisms, and collaborates with industry chain partners to provide global customers with more intelligentand efficient product solutions.

R&D Innovation Progress

Wingtech adheres to an innovation-driven develop-ment strategy, regarding new product R&D as thecore driving force of the Company's development. Itis committed to continuously launching new productsthat meet market demand and consumer expectationsthrough technological innovation and product R&D toenhance the Company's market competitiveness.

Wingtech focuses on the expansion of diversified product lines,actively exploring new product fields while maintaining theadvantages of traditional products. Wingtech provides customizedsolutions, deeply understanding customer needs and market trends,and offering targeted and competitive product solutions.Wingtech has established a comprehensive R&D system and team,continuously improving R&D capabilities and technical levels toensure the quality and performance of new products.During the Reporting Period, the R&D innovation progress of Wingtechis as follows:

Wingtech is committed to close cooperation and communication with the industry, continuously advancing with partners, exploring indesign and research, and pushing more innovative cutting-edge technologies to the global market.

Compared with traditional silicon devices, silicon carbide can significantly reduce losses, making it highly favored in smart gridsand new energy vehicles. Wingtech's Semiconductor Business Sector positions itself in the field of third-generation semiconductors,accelerating the development of SiC technology to embrace future broad development opportunities. Through innovative processtechnology, the Company's Semiconductor Business Sector’s SiC MOSFET product portfolio achieves top-level performance inmultiple parameters, including excellent on-resistance temperature stability; outstanding overall quality factor, resulting in lowercomprehensive loss and higher efficiency, enhancing device reliability; excellent threshold voltage stability, balanced current-carrying performance, high robustness, which can prolong product life; and low forward voltage drop of the body diode, contributingto improved device robustness and efficiency.The Company's Semiconductor Business Sector's innovation and product development in the field of SiC have laid a solid foundationfor future growth, further promoting the continuous development and innovation of the industry.

Foraying into the SiC Field, the 1200V SiC MOSFET Strongly Supports theAccelerated Development of Electric Vehicles

Case

With the rapid development of technology, spectral imaging technology hasbecome an important tool in fields such as remote sensing detection, environmentalmonitoring, agricultural production, and biomedicine. As two important branchesof spectral imaging technology, hyperspectral and multispectral technologies canprovide multi-band, high-precision remote sensing images, offering rich data supportfor research and applications in related fields.To meet the market development needs, in 2024, the Product Integration BusinessSector conducted industry exchanges on hyperspectral and multispectral technologies.Regarding hyperspectral imaging technology, key technologies such as spectralacquisition and processing, spectral calibration, and snapshot spectral imagingtechnology were communicated and discussed, and in-depth discussions wereheld on application scenario cases. Regarding multispectral imaging technology,technologies such as image denoising and registration, spectral correction, and bandselector design were communicated, and further communication and exchange wereconducted on camera application scenarios and technology.

Hyperspectral and Multispectral TechnologyIndustry Exchange

Case

Industry Exchange on Hyperspectral and

Multispectral Technologies

Innovation-DrivenStrategy:

R&D Innovation Progress

R&D Innovation Progress

SemiconductorBusiness Sector

Product IntegrationBusiness Sector

4142

Innovation-Driven, Craftsmanship Creating Models

Wingtech Participated in the China Intellectual Property and Innovation Summit

During the Reporting Period, Wingtech participated in the2024 China Intellectual Property and Innovation Summit,with the theme of "Global Vision · China Focus", carryingout in-depth discussions, collisions, and developmentamong enterprises.

Wingtech participating in the ChinaIntellectual Property and Innovation SummitCase

Wingtech carries out targeted training for R&D of different departments in differenttechnical fields (structure, hardware and software, etc.) to help R&D personnelrecognize the importance of patent submission and enhance the professionalism andstandardization of R&D personnel in writing patent submissions.Wingtech organizes World Intellectual Property Day promotional activities toeffectively enhance R&D colleagues' awareness and understanding of intellectualproperty rights, and to promote the protection of intellectual property rights and thedissemination of innovation culture.Wingtech produces quarterly intellectual property hot spot focus posters to helpR&D colleagues understand the latest technology and patent layout in the industry,enhance their awareness of intellectual property protection and application, andlearn about the latest intellectual property laws, regulations and policy developments.

Intellectual PropertyPromotion Activities

Case

World Intellectual Property Day Promotional Activities

Intellectual Property Hotspots Focus Posters

To enhance the quality of the Company's talent, Wingtech actively carries out training courses to help employees understand thelatest technology. During the Reporting Period, we conducted technical and process training on IP68 waterproof design, concealedfront shell design, film-coated leather cover technology, and front shell/medium frame semi-film leather cover for structural designpositions, lasting 6.5 hours, to improve the design skills of all structural design personnel related to waterproofing and film-coatedleather covers.In May 2024, the "2024 Shanghai Summit Beautiful Consumption Contains 'Technology' Forum" guided by the China Federation ofEconomic Media, sponsored by the CaiLianShe, and co-organized by Shanghai Leading IR, was grandly held in Shanghai. Wingtechwon the "Hard Science and Technology Strength Award" at this forum, thanks to its outstanding performance in technologicalinnovation and breaking industry boundaries.Intellectual Property and PatentsWingtech has a sound intellectual property system and actively maintains its brand reputation, protecting the Company's intellectualproperty achievements. We implement online intellectual property management throughout the entire process, depending on theproject cycle. At key points in the project cycle, we arrange intellectual property training for all members of the project team and builda patent risk library along with relevant patent investigation reports.Wingtech strictly complies with relevant domestic and international laws and regulations, and has formulated and promulgatedmanagement documents such as the Intellectual Property Risk Management System, the Intellectual Property Reward andPunishment System, the Intellectual Property Audit Procedure, and the Patent Management System to establish a comprehensiveintellectual property management system. During the Reporting Period, we kept improving the existing system, and sorted out andrevised policies such as the Management Regulations on Patent Investigations for Projects to ensure continuous optimization of theCompany’s intellectual property work and operations.In 2024, Wingtech completed the internal audit and management review of its enterprise intellectual property management systemaccording to the national standard GB/T29490-2013 Requirements for Enterprise Intellectual Property Management System, andpassed the external audit by Beijing Zhongzhi, maintaining the certification of the intellectual property management system.Meanwhile, Wingtech studied GB/T29490-2023 Requirements for Enterprise Intellectual Property Compliance Management System,revising and supplementing relevant system documents for intellectual property compliance.As of December 31, 2024

The Product Integration Business Sector owns a total of2,368 granted patentsThe Semiconductor Business Sector owns500+ patent familiesNo incidents of patent infringement, trade secret violations, or trademark infringement have occurred

In daily management, the Company's Legal Department leads and assists the R&D Department, taking multiple measures to protectWingtech's own intellectual properties while avoiding the risk of infringing on others' intellectual property rights.

Wingtech carries out a variety of intellectual product promotion activities, including patent submission writing training, WorldIntellectual Property Day promotional activities, and intellectual property hotspots focus posters, to enhance the standardization ofR&D personnel and disseminate the latest developments in intellectual property.

Patent early warning analysis: Based on the Company's R&D direction and key technical fields, a patent early warning analysis report isreleased every quarter, providing technical intelligence for the R&D Department, monitoring the current status of industry patents, andscreening and interpreting important patents that may affect the Company's technological development.Project risk investigation: Providing risk investigation support for the R&D Department, assisting in identifying potential risk points in theproject, searching and investigating related key patents, and proposing avoidance suggestions to reduce intellectual property risks in theproduct development and sales process.Intellectual property system certification: Completing the annual review of the intellectual property management system certification andmaintaining it.

Development of New-Quality Productivity

At the Annual Conference held by Hangjianet, the Company's CCPAK packaged GaN FET, targeted at industrial and renewable energyapplications, was awarded the "GaN Product of the Year." This accolade underscores the product's technological leadership in termsof high efficiency, low loss, and green sustainability. As a quintessential example of new-quality productivity, the product integratescutting-edge third-generation semiconductor technology and is accelerating the high-quality upgrading of several key industrialsectors. It will be applied in emerging industrial chains such as AI server power supplies, consumer electronics fast charging, andon-board chargers/charging piles for new energy vehicles. This will effectively help upstream and downstream enterprises reduceenergy consumption, enhance system reliability and performance, and provide a foundation for building a high-efficiency, intelligentindustrial ecosystem.

4344

Innovation-Driven, Craftsmanship Creating Models

Seizing Clean OpportunitiesWingtech is committed to promoting sustainable development through innovative clean technology and actively responding to theglobal climate change challenge. In the semiconductor field, Wingtech has vigorously developed efficient and energy-saving chipsolutions to help customers reduce product energy consumption and carbon emissions. At the same time, Wingtech has introducedgreen processes into intelligent manufacturing, optimized resource utilization, reduced waste generation, and actively explored theapplication of renewable energy. By integrating clean technology into the entire process of product R&D and production, Wingtechhas not only improved its own environmental performance but also contributed to the global green economic transformation withtechnological power.

Improving Quality ControlProduct quality is the foundation of the Group, and it is the core element to win customer trust and market competitiveness. Wingtechstrictly abides by national laws and regulations, including the Product Quality Law of the People’s Republic of China and the Tort Lawof the People's Republic of China, and has established a sound quality management system. We select and use green materials thatmeet the requirements of laws and regulations and pass the life-cycle environmental testing to ensure that our products have nosignificant impact on the environment.Sound Management SystemWe strictly abide by relevant laws and regulations domestically and internationally as well as international management systems inquality, environment, safety and other aspects. We are committed to the ongoing enhancement of technology and product qualityand have secured several quality system certifications, including IATF 16949 Automotive Industry Quality Management System, ISO9001 Quality Management System Certification, IECQ QC 080000 International Electrotechnical Commission Quality Assessment Systemfor Electronic Components - Hazardous Substance Process Management, TL 9000 Telecom Quality Management System, NSI/ESDS20.20 American National Standards Institute Electrostatic Discharge Association Standard Certification, AS 9100 Quality ManagementSystems - Requirements for Aviation, Space, and Defense Organizations, etc.

· The Company's Semiconductor Business Sector launched a new generation of high-efficiency power management ICs with lower powerconsumption and higher conversion efficiency, suitable for various portable devices and industrial applications.

· The Company's Semiconductor Business Sector released a series of energy-saving MOSFETs with lower on-resistance and higher thermalefficiency, suitable for applications such as electric vehicles, solar inverters, and smart grids.· The Company's Semiconductor Business Sector launched efficient LED drivers with higher energy efficiency and longer lifespan, suitable

for a variety of lighting applications, including household and commercial lighting.

Efficient and Energy-saving SolutionsClean Production

· Wingtech integrates the green concept into the full life cycle management of its products. For instance, by promoting the use of eco-

friendly materials such as fiber kraft paper color boxes and film-laminated paper protective films to replace traditional plastic packaging,reducing reliance on non-degradable materials. These materials are not only recyclable but also can lower resource consumptionthrough lightweight design.· Wingtech promotes the use of clean energy and the recycling of water resources in the production process, indirectly reducing energyconsumption and pollution emissions in the packaging process.

· Wingtech actively responds to the national "dual carbon" goals, participating in the construction of smart manufacturing demonstrationfactories (such as the Smart Manufacturing Factory Development Plan for Consumer Goods Industry in 2025), promoting digitalizationand automation of the packaging process, further reducing material waste and manual intervention, and enhancing the sustainability ofthe packaging process.Clean Technology Investment TargetsWe have embedded the concept of sustainable development into our R&D strategy, and defined the vision, strategy, and objectives of ourcleantech investment to actively propel the R&D and application of cleantech. Wingtech has released a torrent of environmentally friendly,high-performance, and low-power semiconductor chips, devices, and terminal products, adhering to our carbon neutrality strategy. Thepower semiconductor products the Company's Semiconductor Business Sector develops containing third-generation compounds such asgallium nitride field effect transistor (GaN FET) can effectively extend the battery life of automobiles, speed up charging, reduce heat lossfrom integrated applications, reduce material usage, and effectively improve product efficiency. As an industry leader, the SemiconductorBusiness Sector is dedicated to developing products that lower energy and material use across various applications. In line with thiscommitment, the Semiconductor Business Sector announced a $200 million investment in its Hamburg (Germany) facility in 2024 to advancethe development and production of WBG semiconductors, including SiC and GaN. Following this strategy, the Semiconductor BusinessSector is significantly expanding its R&D capabilities and will continue investing in the future. The Semiconductor Business Sector's globalR&D team continues to grow and comprises 1,150 highly skilled employees (FTE, compared to 2023: 1,122). The Semiconductor BusinessSector's R&D expenses totaled $156 million in 2024 (2023: $147 million) or 7.6% of its total revenue (2023: 6.8%). Compared to siliconmaterials, wide bandgap materials developed by the Company's Semiconductor Business Sector can significantly save energy and reduceCO

emissions, which are expected to reduce energy consumption by 15% in the EU region. By 2025, wide bandgap material equipment isexpected to save energy of 45 TWh/year and reduce about 11 million tonnes of carbon dioxide.As of December 31, 2024The Product Integration Business Sector owned a total of

valid patents related to clean technologiesAmong them, there were

patents related to energy consumption in various application scenarios,

related to the improvement of chargingefficiency, and

related to the enhancement of battery life.

IATF 16949 Quality Management SystemCertification for the Automotive Industry

TL 9000 Quality Management SystemCertification for the Telecommunications

Industry

ANSI/ESD S20.20 American NationalStandards Institute Electrostatic DischargeAssociation Standard Certification

ISO 9001 Quality Management System

Certification

AS 9100 Quality Management SystemCertification for the Aerospace andDefense Industry

IECQ QC 080000 International ElectrotechnicalCommission Quality Assessment System forElectronic Components - Hazardous SubstanceProcess Management System Certification

4546

Innovation-Driven, Craftsmanship Creating Models

Quality ObjectivesWe set quality objectives and regularly review the achievement of these objectives and the factors affecting them. During theReporting Period, we adjusted the yield rate in the quality objectives to the product's overall yield rate and added the brandedmachines return repair rate as a primary quality objective.Organizational structure

We have established a comprehensive quality management organizational structure. Top management is responsible for formulatingquality policies and quality objectives, supporting other managers to play the leading role within their duties, and conducting annualmanagement reviews of each management system. We appoint management representatives, client representatives, and safetyaffairs representatives to protect the interests of clients and employees. We collaborate with the Product Center, the ManufacturingCenter, the Quality Center, the Supply Center, the Procurement Center, the Sales and Marketing Center, the Development Center, theTest Center and many other departments to jointly control product quality.Process Management

Based on laws and regulations, customer requirements, and industry general requirements, we establish internal control processesand requirements for product design and development, production process control, etc., with clear corresponding control points andmethods (including equipment, inspection methods, acceptance criteria, inspection frequency, etc.) for each product and process.We have established three procedures for incoming quality control, process management, and outgoing quality control to controlproduct quality across the board.

We have established testing positions at all key production points to test and monitor product quality. For non-conforming products,we have developed clear handling procedures, including risk analysis reports for rework and repair processes, processing records,and verification records after corrective actions, to ensure that products meet our quality standards. For non-conforming productsidentified during receipt, processing, market circulation, and all inspection processes, we require to rework promptly or take othereffective measures for improvement. If the reworked products still do not meet the standards, they will be returned.To promote continuous improvement activities, the Product Integration Business Sector has set up Quality Control Circle (QCC)promotion committees in each factory and initiated continuous improvement team activities. We provide cash rewards to teams thatachieve improvement results to encourage teamwork and continuous enhancement of product quality.

Quality CultureThrough quality leadership construction, quality rewards and punishments, quality publicity, quality retrospection and accountability,Wingtech continues to improve the quality awareness of all employees, and establishes and implements a quality culture that iscustomer-centric, doing things right at one time and continuous improvement. The Product Integration Business Sector regularlycarries out quality culture activities such as "Quality Month" every year. The Semiconductor Business Sector conducts comprehensivequality and safety awareness training for all employees.During the Reporting Period, Wingtech implemented quality incentives, including immediate incentives, monthly incentives, andquarterly incentives, offering employees cash rewards of different amounts to promote the creation of a positive and proactive qualityculture.

Substance ManagementWingtech continuously tracks the latest domestic and international regulations and laws related to harmful substance management,as well as the latest substance restriction requirements from customers. We have established a sound environmental risk managementsystem for toxic and hazardous chemical substances and strengthened source access management. In addition, we also adopt timelyand appropriate environmental risk control measures based on the list of key controlled new pollutants issued by the authorities ofthe places where the Group operates.

Quality Month Kick-off Meeting Skill Competition

Wngtech's Quality Month activities have been held for several consecutive years, and in 2024, Wingtech's "Quality Month" was heldas scheduled. During the event, we conducted various quality activities, including the "smash" defective products event, Six Sigmaspecial improvement, pain point issue improvement, quality lectures, skill competitions, and outstanding quality person selection.At the same time, through "8D training" public courses, on-site activity demonstrations, and special project promotion, we advancedquality improvement and built a quality culture.

Wingtech Quality Month

Case

Quality is the lifeline of Wingtech and the cornerstone for excellent products;Build an industry-leading quality management system to align ourselves with the corporatedevelopment strategy of "pursuing excellence as an industrial leader";Promote quality-oriented values in Wingtech's industrial chain to jointly achieve high quality.

Daily inspection recordsTimely analysis of defect reportsEquipment and tool management

…

Key part trackingSystem alert…

Minimize defectsUniformity control of complete products,

packaging, cartons and palletsDelivery precision control

Quality Policy

Manufacturing Execution System

Manufacturing Execution SystemProcess management

4748

Innovation-Driven, Craftsmanship Creating Models

Product Integration Business Sector:

All operating sites of Product Integration Business Sector obtained the IECQ QC080000 Hazardous Substance Process Management System Certification

“

” complaints about environmentallyhazardous substances from clients

Wingtech abides by China Requirements of Concentration Limits for Certain Restricted Substances in Electrical and ElectronicProducts——Amendment No.1 and many international regulations and client requirements, including the EU Restriction of the Use ofCertain Hazardous Substances in Electrical and Electronic Equipment (RoHS), the Regulations Concerning the Registration, Evaluation,Authorization and Restriction of Chemicals (REACH), and the Stockholm Convention on Persistent Organic Pollutants (POPs). We havealso acquired certification for IECQ QC 080000 Quality Assessment Systems for Electronic Components - Hazardous Substance ProcessManagement, realizing the management of hazardous substances in products and production processes. The Product IntegrationBusiness Sector had implemented relevant hazardous substance control measures prior to the issuance of Amendment No.1. Theproduct development of Semiconductor Business Sector complies with current environmental legislation and guidelines, such as theRestriction of Hazardous Substances (RoHS), and it’s target is to provide the framework to allow compliance of final products and theirpacking materials with regulatory requirements and the requirements of our most important customers.In addition, we are highly responsive to customers’ requests for chemical management above and beyond the requirements requiredby laws and regulations to ensure that our products meet the relevant requirements of the customers. During the Reporting Period,we achieved the objective of "0" complaints from clients about environmentally hazardous substances. All operating sites of ProductIntegration Business Sector obtained the IECQ QC 080000 Hazardous Substance Process Management System Certification andachieved environmental management of products and production processes under the requirements of the QC 080000 System. Allthese could ensure that our environmental protection control meets the requirements of customers and industry.

Organizational Structure and System

Wingtech has a well-established organizational structure for the management of hazardous substances and has designated specialpersons at key nodes to be fully responsible for environmental management audits. We continuously follow up on the updates oflaws, regulations, and client requirements for hazardous substance management. We also evaluate and confirm those requirements,transform them into internal management standards, identify key evaluation items, complete hazardous substance evaluation forfactories, suppliers, and processing plants, and receive examinations by clients each year. According to the Standard for Limited Useof Hazardous Substances, we categorize such substances, mark the source for management, and specify the permissible thresholdof harmful substances contained in products. During the Reporting Period, we revised the Standard for Limited Use of HazardousSubstances to ensure that Wingtech’s products meet the requirements of customers and relevant regulations.Wingtech has identified all chemicals to make sure they meet RoHS and REACH requirements. The Product Integration BusinessSector has formulated the Standards for Limited Use of Hazardous Substances, Measures for the Management of Chemicalsand other management systems, and other management systems. Semiconductor Business Sector continuously develops andoptimizes standards and policies on restricted substances in manufacturing, products, and packaging to align with national lawsand regulations, customer expectations and internal rules. Compliance is verified through analytical test reports obtained fromindependent third-party laboratories and assessed as early as possible during the qualification of new materials. SemiconductorBusiness Sector has publicly disclosed its chemical analysis, and its scope surpasses that of RoHS requirements, demonstratingcommitment to transparency and excellence. As part of supply chain engagement, suppliers and external manufacturers ofSemiconductor Business Sector are mandated to uphold above standards.Process ManagementWe manage the full process, covering supplier management, product design and development, incoming quality control, processcontrol, and exception handling. In addition, we complete the audits of hazardous substances for our internal and external suppliersand processing plants to optimize and improve our operation based on the audit findings.

Management of Toxic and Hazardous Substances

2007

2017

2023

2008

2020

2015

2021

2016

2022

We completely eliminated the use of cadmium, lead, mercury, hexavalent chromium, polybrominated diphenylethers

We completed the switch to RoHS 2.0, and satisfied corresponding requirements before the deadline (July 22,2019) of the switch to the EU RoHS 2.0

New control requirements for PFHxS and its related salts and PFAS substances, as well as new reportingrequirements for key raw materials and strategic raw materials

We established a RoHS laboratory and a self-monitoring system

We implemented the Standardization Administration of China's requirements for VOCs released in 2020, andfully replaced non-conforming raw materials to ensure our compliance

We developed corporate standards for restricting the use of hazardous substances, besting the requirementsof international regulations such as RoHS and REACH in terms of hazardous substance managementWe initiated the environmental protection system review for all qualified suppliers, including regulatorycompliance and process compliance

We added the control requirements of the US Toxic Substances Control Act (TSCA) and the Toxics in PackagingClearinghouse (TPCH)

We initiated the RoHS 2.0 supply chain compliance investigation for 4 phthalates

New control requirements have been added for fluorine compounds and French printing ink, whilerequirements for vehicle-mounted and wearable products were also extended

4950

Innovation-Driven, Craftsmanship Creating Models

Education and TrainingHarmful substance training is a crucial aspect of Wingtech's commitment to ensuring employee safety, environmental protection,and compliant operations. We incorporate knowledge of harmful substance management into our annual training plans, conductquarterly training sessions on harmful substance management, and also include harmful substance management training in ournew employee orientation programs, aiming to enhance employees' awareness of environmental protection and harmful substancecontrol. Additionally, we provide online training on harmful substance management to our suppliers.

Advanced Training on Harmful Substance

Management

During the Reporting Period, we conducted training on harmfulsubstance management and advanced training on harmful substancemanagement for all colleagues involved in quality-related business.From analyzing cases of harmful substance violations, introducingrelevant laws and regulations, to managing the process of harmfulsubstances, the training vividly summarized the importance ofharmful substance control, enhancing employees' safety awarenessand operational skills.On a daily basis, we also promote awareness of harmful substancemanagement among all employees through various means such asinternal posters, the Wendao Forum, and the Wingtech Academy, toelevate their consciousness of harmful substance control.

Advanced Training on Harmful SubstanceManagementCase

Optimizing Customer Service

In Wingtech, customers are at the core of all our efforts. We deeply understand that excellent customer service is not only aboutmeeting needs but also about exceeding expectations and creating long-term value for customers. We are committed to providinghigh-quality products and services, continuously advancing and improving the customer service system throughout the entire lifecycleto establish a good industry reputation. We are continuously enhancing the customer service system and developing various customercomplaint and feedback handling procedures to standardize the process, allowing for timely identification of issues within themanagement system. The Company has established and issued management documents such as the Business Guidelines for ClientSatisfaction Control, the Business Guidelines for Response to Clients' Complaints, and the Customer Reception Process and StandardManual to establish standardized return and analysis processes for defective products, promoting continuous product improvementto meet customer expectations and needs.We employ an Integrated Product Development (IPD) management approach that spans product evaluation, development, validation,and release stages to comprehensively serve customers. To ensure the efficiency and professionalism of our services, the ProductIntegration Business Sector appoints eight representatives at the project level, including R&D, sales, product, manufacturing, quality,procurement, supply, and finance representatives, all possessing professional skills and extensive experience in their respectivefields. Through cross-departmental teamwork, they promptly respond to and meet customer needs, providing superior service.Additionally, we regularly visit and communicate with customers and collect their feedback on products and services throughcustomer satisfaction surveys. For any shortcomings identified, the respective departments conduct root cause analysis and correctiveactions to ensure customers receive high-quality service. The Product Integration Business Sector conducted customer satisfactionsurveys focusing on four aspects: R&D, business, quality, and delivery, with a customer satisfaction score of 87.37 points.Furthermore, we set Quarterly Business Review (QBR) target scores to continuously supervise and manage our service quality. Whenthe estimated QBR score from customers is about to fall below the target, we take timely measures to address the issue throughinternal warning letters and the establishment of special improvement teams and organizational special improvement meetings,aiming to enhance service quality from the source.

We develop action plans for hazardous substance control in accordance with laws, regulations, and clientrequirements. We also define testing requirements in the trial and mass production stages and apply environmentalprotection evaluation for the "three new" materials in the material selection period while recognizing and preventingrisks in the early stage.For new suppliers, we conduct special reviews of hazardous substances in terms of environmental protection systemmanagement, R&D management, and procurement management. Product Integration Business Sector has set athreshold that suppliers must obtain an HSF score above 70 to be qualified for being its suppliers.Qualified suppliers must sign environmental protection agreements and declare the substances controlled byWingtech. Also, suppliers must establish a hazardous substance process management system according to therequirements of IECQ QC 080000. They must also run environmental protection tests on raw materials each year,and accept our evaluation and management. Furthermore, we require suppliers to declare substances of very highconcern that they use on the SCIP database of ECHA.Incoming new materials are screened for hazardous substances according to our hazardous substance checklist.If suspicious hazardous substances are identified, the corresponding raw material supplier must provide the RoHSreport, the halogen-free report and other third-party environmental reports. They must also provide the MaterialSafety Data Sheet (MSDS), and evidential technical data to prove that the materials they supplied conform toour hazardous substance control requirements. If a supplier fails to meet our requirements, we will not use theirmaterials. In addition, we run environmental protection tests on samples before they are admitted, which meanssatisfactory test results are a must for sample admission.We design tools and fixtures according to hazardous substance requirements and run comprehensive examinationsbefore production to make sure every process point has been cleaned, isolated, and labeled, and all relevantpersonnel have been properly trained.We have clear regulations regarding the application scope, design, and dimension of environmental protectionlabels. These labels are indicated on products, user manuals, batteries, and accessories. Some of the labelsinclude the Waste Electrical and Electronic Equipment (WEEE) label, the recyclable battery label, the RoHS label, thehalogen free label, and the lead-free label. During the warehousing process, materials and products are stored indesignated areas based on their attributes and clearly marked; non-conforming products are isolated and labeledwith "rejected" for disposal.To better serve clients, we help them with compliance assessment to facilitate their compliance with full substancedeclaration and hazardous substance disclosure requirements. We have evaluated the full substance informationmanagement scheme of products and gradually realized the connection with third-party declaration systems andtools such as GDX and IPC-1752 to better declare substances and disclose hazardous substances. SemiconductorBusiness Sector also releases the chemical compositions of its product portfolios. Clients can retrieve detailedchemical compositions from the general product database.

Selection ofsuppliers

Management ofsuppliers

Materialinspection

Processmanagement

Identificationand StorageManagement

Full substancedeclaration

Product designand development

5152

Innovation-Driven, Craftsmanship Creating Models

In May 2024, Wingtech's Semiconductor Business Sector showcased its latest cutting-edge electronic technologies and solutions atthe 11th China Guangzhou International Automotive Technology Exhibition. It also participated in the 2024 Automotive Electronics/EV Power Semiconductor Technology Forum, where it delivered a presentation on "Nexperia Semiconductor's 48V Hybrid Solution forAutomotive-Grade Power MOS."

Case

Conducted client satisfaction surveys in R&D,commerce, quality, and delivery, with a score upto

87.37

.

Based on the 2023 customer satisfaction survey, over80% of respondents perceive Nexperia as a globallyinnovative company with a rich European history, andregard Nexperia's products as benchmarks of efficiency.

In response to some customers' increasing focus on ESG, Wingtech promptly took a series of measures. We established a SustainabilityDepartment at our Jiaxing Factory, dedicated to supervising and promoting continuous improvement in ESG within the Company.We hold meetings with customers monthly on topics such as environment, health and safety, labor protection, business ethics,and management systems, ensuring consistency in social responsibility and sustainable development. Additionally, we report onhuman resources, attendance, and health and safety data monthly to promptly identify and address potential issues. Our KunmingFactory and Huangshi Factory also hold monthly sustainability-themed meetings with key customers and provide them with relevantmaterials.

Deepening Industry ExchangesWingtech is always committed to driving technological innovation and empowering a smart future. We deeply understand thatindustrial prosperity relies on open collaboration. Wingtech consistently adheres to the philosophy of open win-win cooperation,actively engaging in deep collaboration with partners across the entire industry chain to jointly build a healthy and sustainableindustrial ecosystem.

Wingtech Participated in the 11th China GuangzhouInternational Automotive Technology Exhibition

In July 2024, Wingtech's semiconductor business sector madeappearance at the 2024 Munich Shanghai Electronics Showand participated in the "2024 Third-Generation SemiconductorTechnology and Industrial Chain Innovation Development Forum".The event focused on the current state of the global silicon carbideindustry, sharing successful application cases and how to empowercustomers. It involved in-depth discussions with outstandingindustry experts on cutting-edge technologies and future trends inthe industry. Additionally, a thematic report titled "Nexperia SiliconCarbide——Ultra-High Performance, Enabling a Bright Future ofElectrification and Green Energy Efficiency" were presented.

Case

Wingtech Made Appearance at the 2024Munich Shanghai Electronics Show

Made Appearance at the 2024 Munich Shanghai

Electronics Show

In November 2024, the International Integrated Circuit Exhibitionand Symposium was held in Shenzhen. During the concurrentforum on High-Efficiency Power Management and Wide Band-gap Semiconductor Technology, a senior product manager ofWingtech's Semiconductor Business Sector delivered a special re-port titled "Nexperia Silicon Carbide Technology: Empowering theFuture of Electrification and Green Energy Efficiency".Additionally, at the 2024 Global Electronics Achievement Awards(WEAA) ceremony held concurrently, Wingtech's semiconductorbusiness was honored with the "Annual Power SemiconductorProduct Award" for its outstanding performance in the powersemiconductor field with its 1200V SiC MOSFET.

In August 2024, the 2024 International Power Components andRenewable Energy Management Exhibition was grandly held inShenzhen, Guangdong. Wingtech's Semiconductor Business Sectorshowcased 23 advanced products and solutions across four productlines at the 2024 International Power Components and RenewableEnergy Management Exhibition. The Company also participated inrelevant thematic seminars, engaging in in-depth exchanges anddiscussions with industry leaders and experts on topics such as IGBTand SiC wide-bandgap semiconductor applications. Additionally,Wingtech shared its innovative explorations and applicationachievements in the context of the challenges and opportunitiesfaced by different industries.

Case

Case

Wingtech Attended the 2024 International Exhibition for PowerComponents and Renewable Energy Management

Wingtech Participated in the International Integrated CircuitExhibition and Conference

Attended the 2024 International Exhibition for PowerComponents and Renewable Energy Management

"Nexperia Silicon Carbide Technology: Empowering the Future ofElectrification and Green Energy Efficiency" Special Report

Employee Care,Building a HappyWorkplaceWingtech adheres to the business philosophy of "People-oriented", supporting the personal developmentand well-being of employees in all aspects through a series of management initiatives and careactivities. From career planning to health protection, from employee care to employee growth, ourgoal is to provide each employee with a platform to realize their self-worth, while promoting the jointprogress of the enterprise and its employees, working together to create a brighter future.

Contribution to the UNSDGs

Key Performance IndicatorsTotal number of employees is

29,482Hours of training per capita

hoursThe Product Integration Business Sector has

1,862

internal traininglecturers, and the Semiconductor Business Sector has over

3,000

certified coaches.

Wingtech Technology Co., Ltd. 2024Sustainability Report

ABOUT THIS

REPORT

CHAIRMAN'SMESSAGE

KEY PERFORMANCEIN 2024

COMPANYINTRODUCTION

SUSTAINABILITYMANAGEMENT

RESPONSIBLEPARTNERSHIP

STANDARD INDEXTABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

RESPONSIBLEPARTNERSHIP

STANDARD INDEXTABLEGREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

5556

Employee Care, Building a Happy Workplace

Talent Attraction and Re-tentionEnterprises are not only the drivers of economic development, but alsothe practitioners of social responsibility. Wingtech adheres to the labormanagement philosophy of " Unify in Learning, Working, Creating, and Sharing", and is committed to creating a fair, respectful, safe, and innovative workingenvironment. We strictly follows and implements the Labor Law of the People'sRepublic of China, Labor Contract Law of the People's Republic of China, andother laws and regulations in the operating locations of various businesses,actively responds the Universal Declaration of Human Rights, the InternationalLabour Organization(ILO) Conventions, and Convention on the Rights of theChild, and other international conventions and laws, and has formulatedinternal systems such as Recruitment Management System, EmployeeResignation System, Employee Handbook, etc., to practically safeguardemployee rights and interests. Meanwhile, Wingtech Technology (Wuxi) Co.,Ltd. has passed the BSCI Business Social Compliance Initiative certification.Semiconductor Business Sector has been a member of the Responsible BusinessAlliance (RBA) since 2017, fully supporting RBA's vision and mission.

During the Reporting Period, Wingtech actively carried outcampus recruitment activities, covering more than 10 citiessuch as Xi'an, Dalian, Kunming, and Wuhan, visiting over 40universities, hosting and participating in more than 50 jobfairs and meetings, successfully attracting resumes frommore than 30,000 students at home and abroad. In campusrecruitment activities, we have reserve a large number ofoutstanding talents, established a good employer brandimage in universities, and provided solid human resourcessupport for future development.

As a member of the Responsible Business Alliance (RBA), the Semiconductor Business Sector has established a Social ResponsibilityManagement System. This system encompasses measures, policies, and social responsibility audit standards related to human rightsand labor rights. It also complies with the guidelines of the Responsible Business Alliance. For more information on the SemiconductorBusiness Sector's employment management initiatives, please refer to the Nexperia 2024 Sustainability Report.

Job Fair Scene

Campus RecruitmentActivitiesCase

Responsible LaborManagement

Case

Employment ManagementRecruitment ChannelsWingtech deeply understands that talent is the core driving force for corporate innovation and development. To meet the Company'sneeds for continuous, stable, and rapid development of talent and build an elite team that meets future development needs, wehave formulated the Recruitment Management System to clarify and standardize the Company's recruitment implementation process,ensuring the quality of talent. Wingtech adheres to the principles of “Legal and Compliant” and “Job-person Matching”, usingdiversified recruitment channels and mechanisms such as internal recommendations, social recruitment, campus recruitment,headhunting recruitment, and school-enterprise cooperation to quickly lock in more outstanding young talents to join Wingtech,injecting strong momentum into the talent resource pool of Wingtech. The Semiconductor Business Sector has two programs in placeto encourage employees to recommend suitable candidates for open positions: TalentMagnet and the Global Referral Program.

Compliant EmploymentWingtech prohibits the use of child labor and forced labor. We have formulated relevant systems such as the Management System forthe Protection of Juvenile Workers and Child Labor, continuously standardizing employee recruitment identity verification processesand child labor remediation procedures, verifying the identity of applicants by requiring them to present their real and valid IDdocuments, signing labor contracts that meet legal standards with all employees; if any violation of employment policies is found, theCompany will take timely measures to maintain a legal employment environment.In addition, we ensure employees' freedom of employment and reasonable working hours, stipulate in the Forced Labor ProhibitionManagement Procedure that the use of forced, bonded, contract, or involuntary employees is strictly forbidden, publicize theprocedure for employees to complain about forced labor, and strictly deal with the use of forced labor.During the Reporting Period, Wingtech optimized and adjustedits internal recommendation and return policies to bettermeet the needs of the company's business development. TheCompany expanded the scope of positions applicable forinternal recommendation and provided clear guidance on theprobation period setup and seniority accumulation for returningemployees, laying a solid foundation for the Company's sustaineddevelopment. Wingtech is committed to shaping a good employerbrand image, and during the Reporting Period, we were awardedthe "China New Generation Employer - Top 100 Employers of theYear" award.At the same time, to effectively manage employees, theSemiconductor Business Sector adopted a global Human ResourcesInformation System (HRIS), where all employee data is entered,covering position details, personal information, compensation,and other work-related information. The HRIS team can accessthis data and generate reports to organize and analyze employeeinformation.

China New Generation Employer - Top 100Employers of the Year award by 58.com

unity inlearning

creating

working

sharing

5758

Employee Care, Building a Happy Workplace

Protection of Human Rights

Wingtech strictly complies with the human rights-related laws, regulations, and standards of each operating location, and refer tothe Responsible Business Alliance Code of Conduct, JAC (Supply Chain Sustainability Audit) Guidelines, Business Social ComplianceInitiative Code of Conduct, and SA 8000 Social Responsibility International Standard, to compile and continuously improve the CSRSocial Responsibility Management Manual. The Product Integration Business Sector established a corporate social responsibility (CSR)risk list with more than 100 indicators and conducts internal and external audits of the production and operation locations. During theReporting Period, the Product Integration Business Sector underwent more than 20 external audits, covering human rights issues suchas working hours, wages, labor rights, freedom of association, and salary benefits, and actively promoted improvements in responseto the issues identified during the audits.Wingtech respects employees' rights of joining trade unions, freedom of association, collective bargaining, and equal negotiation,and does not interfere with or sanction employees participating in negotiations. Through the Workers' Representative Congress, welisten carefully to the voices and needs of employees, ensuring that communication and exchange channels between the Companyand employees are unobstructed.During the Reporting Period, all employees of our Product Integration Business Sector joined the labor union, with a 100%participation rate in signing the collective agreement. The Semiconductor Business Sector is also regularly involved in social dialoguewith employee representation bodies, such as workers’ councils and trade unions. It currently has collective bargaining agreements inplace in several countries, such as Germany, the Philippines, the Netherlands, and UK factories.

MulticulturalismWingtech upholds the principles of diversity and inclusiveness, formulating the Non-discrimination Employment ManagementPractices and establishing a fair and mutually respectful work environment. Every employee can realize their personal value on theCompany's diverse platform without discrimination or differential treatment based on factors such as race, religion, skin color, age,gender, or sexual orientation, and we achieve equal pay for equal work, providing equal promotion opportunities for all.During the Reporting Period, we revised the CSR Social Responsibility Management Manual and the Employee CommunicationManagement Operations Specification, adding communication and feedback mechanisms for people with disabilities, as well as a jobassessment form for people with disabilities, to further enhance support and care for employees with disabilities.

Wingtech regards gender equality as an important part of the Company's diverse, inclusive, and equal culture. We have formulatedthe Women Workers' Labor Protection Measures, fully implementing labor protection for female employees in recruitmentand employment, training and physical examination, promotion and work arrangement, and other special circumstances. Forbreastfeeding employees, the Product Integration Business Sector provides maternity leave, extended leave, and benefits and careduring breastfeeding by law, and sets up cozy mother and baby rooms for breastfeeding employees. The Semiconductor BusinessSector also provides employees with benefits such as maternity leave, paternity leave, childcare leave, adoption leave, and foster careleave.During the Reporting Period, the Semiconductor Business Sector remained committed to the Diversity and Inclusion (D&I) strategy. Thisstrategy supports our goal of building "the right team" by embracing diverse people, perspectives, and cultures. As a global companydriven by innovation and an equal opportunity employer, we are dedicated to providing a diverse, fair, and inclusive workplacefor our global community of talented professionals. By uniting various backgrounds, cultures, and skill sets, we gain perspectivesthat stimulate creativity and enrich our corporate culture. Embracing diversity also means learning from different voices, buildingmeaningful relationships, growing together, and forming strong collaborations to develop innovative solutions. For more informationon the diversity initiatives of the Semiconductor business sector, please refer to the Diversity, Non-Discrimination, and Inclusionchapter of the Nexperia 2024 Sustainability Report.

The Company's Semiconductor Business Sector launched a specialized female leadership program (EmpowHERment) in 2024. Thefirst phase of the program included 12 women from all regions of the Semiconductor Business Sector, who participated in courses ledby senior leaders or guest speakers. These sessions, based on a tailored needs assessment, covered topics such as leadership styles,communication, negotiations, women's leadership challenges, emotional intelligence, and self-awareness. The program's secondphase offered mentoring and coaching to help participants put their newly acquired knowledge into practice. EmpowHERmentreceived excellent feedback, with 11 out of 12 participants stating they were "extremely satisfied" and found the content "extremely useful".

Female LeadershipProgram

Case

Company's Mother and Child Room Kaitie District 2024 Outstanding Unit for Employing

People with DisabilitiesCompensation and Benefits

We adhere to the development philosophy of "Win-win Development and Common Prosperity", committed to building a more vibrantand competitive work environment. Wingtech upholds the principles of "Being Legal, Fair, Competitive, Incentive, and Economic",formulating and continuously optimizing systems such as the Salary Management System and the Performance Management System.Through internal evaluation, market research, peer study, etc., we continue to optimize the current salary system to effectively attractand retain outstanding talents.In terms of equity incentives, Wingtech formulated the 2023 Stock Option Incentive Plan of Wingtech Technology Co., Ltd. (Draft) inAugust 2023. As of 2024, the first batch of grantees eligible to exercise options in the initial grant of the Company's ongoing stockoption incentive plan amounts to 1,473 people, while the first batch of grantees eligible to exercise options in the reserved grant is345 people.

18,675

63%37%

20,5855,6033,133

10,807

As of the end of 2024, the Group had a total of

29,482

employees.Employee Composition

(by gender)

MaleEmployees

FemaleEmployees

China (including Hong Kong, Macaoand Taiwan)

Asia (excluding China)EMEA (Europe, Middle East and Africa)

America

Employee Composition(by region)

5960

Employee Care, Building a Happy Workplace

Employee Benefits ListWingtech continuously optimizes its employee welfare system to adapt to the ever-changing external environment and employeeneeds. The Company refers to national labor regulations and relevant industry standards, combined with the Company's managementand development needs, to formulate the Company Benefits Management System, providing all employees with statutory benefitssuch as social pension insurance, social unemployment insurance, social medical insurance, work injury insurance, maternityinsurance, housing provident fund, as well as statutory holidays such as marriage leave, bereavement leave, and annual leave.Wingtech also provides various benefits such as transportation subsidies, commercial insurance, and allowances. The SemiconductorBusiness Sector also provides benefits to employees retiring in multiple countries, such as company pensions or post-retirementmedical benefits.In the area of welfare management, Wingtech has optimized and adjusted the structure and standards of employee benefits basedon external welfare insights. During the Reporting Period, the Company achieved comprehensive coverage of employee welfareinsurance, with protection plans encompassing illness, medical care, and accidents, providing risk protection and financial supportto employees during their work and related activities, effectively safeguarding their rights and interests. Additionally, the Companyenhanced the meal subsidy standards for employees in Shenzhen, Shanghai, Wuxi, and Xi'an to better meet their living needs.Wingtech introduced a home visit leave and travel expense reimbursement policy, with 269 employees enjoying home visit leaveduring the Reporting Period. Additionally, we launched a parental care leave, benefiting 35 employees during the Reporting Period.

Career Development PathWingtech continuously deepens the strategy of talentcultivation and development, committed to enhancing theprofessional quality and career capabilities of employeesthrough diverse and targeted training activities. We attachgreat importance to the career development of employees,by optimizing the promotion system and providing avariety of career development paths, creating moregrowth opportunities for employees. In 2024, the Companymade significant updates to the promotion system,comprehensively considering performance, professionalcapabilities, talent inventory results, and promotionconditions, ensuring that the promotion process is morescientific and transparent. At the same time, the Companyprovides employees with two career development paths:

professional route and management route. Employeeson the professional route can gradually grow into experttalents through internal senior executive guidance,professional training, and project experience accumulation;employees on the management route can gradually risefrom grassroots management to senior management.

Wingtech Employee Benefits List

"Double-pyramid" Occupational Development

Talent Cultivation and Growth

Wingtech always regards talent cultivation as the cornerstone of corporate development, through continuous training, careerplanning, mentor guidance, and innovative practice, we aim to inspire the potential of employees, promote personal growth, and laya solid talent foundation for the long-term development of the enterprise.

Performance AppraisalIn talent management, Wingtech continues to deepenthe application of the Talent Review model, binding theCompany's strategic objectives (Deep Dive—DD) withindividual KPIs to identify employees' contributions toachieving strategic goals. During the Reporting Period, theCompany fully implemented the talent inventory project,upgraded it in line with the Company's DD philosophy,and comprehensively evaluated employees based ontheir understanding and practice of DD, as well as theircontribution to DD (KPI achievement results) and thecomprehensive quality required to support the achievementof DD goals. In this talent inventory project, a total of 8,711people participated in the DD evaluation (including theGroup and Manufacturing Center employees), with a passrate of 96.33%. The overall promotion and understandingof DD in the company are good, laying a solid foundationfor the advancement of the talent inventory project forall employees. The Semiconductor Business Sector offersits employees annual incentive plans (linked to companyperformance) and sales incentive plans.

Wingtech Talent Review Model

Special Subsidy

Team Building

Incentives

PersonalDevelopment

Orientation TrainingWeekWedding GiftBirthday GiftOvertime Taxi Fare

Association ActivitiesSocial securitybenefits in ChinaCommercial Insurance

Health Check-up

TransitionalAccommodation

Thought leadersStrategy leadersBusinessmanagers

First-linemanagers

Professionalcadres

High-potentialprofessional talentsHigh-potentialmanagement talents

ProjectmanagersFunctionalmanagers

Grassroots employees

ExpertsProfessional leaders

Output of the Deep Dive strategyDeep Diveoutputsannualoperationobjectives

Appli-cationscenariosof perfor-manceresults

Action plansof employeesat all levels

Company/department/employeethree-levelKPI indicatorsystem

Outputassessmentresults fromquarterly/annualreviewBenchmarkdata

Incorporateresponsibilitiesinto the KPIassessment ofemployees atall levels via theperformanceassessment

PIPimprove-ment

Manager/rank pro-motion

Recruit-mentallocation

Occu-pationaldevelop-mentSalaryincentives

TalentreviewAIP bonus

Perfor-manceresultsSalary ad-justment

6162

Employee Care, Building a Happy Workplace

Talent Development SystemWingtech has established a clear-tiered talent development system that covers all employees, with clear classification and levels,continuously optimizing the "talent selection, employment, education and retention" mechanism for talents, and gradually improvingin terms of content, instructors, platforms, and systems, providing employees with adequate and equal training and promotionopportunities.

Wingtech carries out diverse and targeted training activities based on the development needs of different levels, including newemployee training, pre-job training, reserve cadre training, and special training programs, covering courses such as professional skillsenhancement, corporate culture cultivation, and learning of rules and regulations, to support every step of employees' career paths.At the same time, the Company actively encourages employees to apply for various professional certificates. For employees who meetthe conditions for applying for relevant professional title certificates, after signing the Training Agreement, the Company arrangestraining and examinations uniformly and reimburses all training and examination expenses in full, including registration fees, trainingfees, and examination fees, to meet employees' skill improvement needs and assist in their career growth.

Training performance in 2024Total number of trainees

419,7131,342,102

total hours of employee training

hours of training per capitaThe Product Integration Business Sector has

1,862

internal training lecturers, and the Semiconductor Business Sector hasover

3,000

certified coaches

Trainings

Provide courses on corporate culture,rules and regulations, company-levelwork safety, and fraud prevention for allnew employees·New employee training

Ensure that the qualifications of productionworkshop personnel meet relevantspecifications, and that all relevant per-sonnel complete pre-post training andhave the job qualifications

·Pre-post training

Arrange empowerment training foremployees to make them meet the jobrequirements through a succession deve-lopment program·Reserve cadres training

Conduct special training, including internalinstructor training and Xingshengtai ma-nagement trainee training.·Featured training

The Wingtech School (univ.wingtech.com) is an onlinelearning platform that incorporates resource management,training organization, learning operation, self-learningof employees, instructor management, and communitycommunication. With more than 1,000 premium coursesprovided internally or externally, this platform continuouslyimplements talent development programs to facilitate alearning-based organization.

The 630 Lecture Hall regularly carries out a varietyof courses, focusing on various fields of professionalknowledge/skills/information transmission, career qualityimprovement, positive attitude shaping, etc., to helpemployees quickly adapt to new changes, cope with thenew environment, master new knowledge, and constantlystrengthen the construction of Wingtech talent team.

Wingtech School630 Lecture Hall

Build the talent supply chainHelp achieve the strategy + meet the needs of talent development

ProfessionalismLeadership

Quality managementfamilySales familySupply chain familyFunction familyTechnology familyGrowth period

Senior-Succession ProgramMiddle and senior-Xingyao ProgramFirst-line -Xingyue ProgramManagement trainees -Takeover

ProgramNew employeesNewcomer Boost Program(social recruitment)

Xingshengtai Boost Program(campus recruitment)Boot Camp(social recruitment)

Xingshengtai Training Camp(campus recruitment)

Introduction period

General competence (including the 630 Lecture & Wingtech Reading Club)

Wingtech School, an e-learning platform

StudentdevelopmentorganizationTrainingmanagement system

LecturerorganizationLecturer systemStudent committeeorganizationStudent committeesystem

InstructororganizationInstructor system

Course resourcesCourse managementregulationsSupporting systemMember

6364

Employee Care, Building a Happy Workplace

Featured Project Introduction

Wingtech launched the "Xingshengtai Campus RecruitmentTraining Program" for new graduates to help them quicklyintegrate into the workplace. The program lasts for 5days and uses an offline closed training model, coveringcourses such as the history of corporate development,corporate culture, professional shaping, and behavioralnorms, helping new graduates transition from "campuspeople" to "workplace people" in a short time.

Wingtech focuses on the professional basic knowledge and abilitydevelopment of fresh graduates, launching the next stage trainingprogram connecting the Xingshentai Training Camp. This programenhances the professional capabilities of fresh graduates in a step-by-step manner through various methods such as expert on-siteinstruction, online self-study, periodic assessment and certification,on-the-job experience, and mentor supervision. The curriculum isdesigned from basic to advanced, divided into four stages. Stageone is general technology courses (product birth series), stage twois field general courses (software, hardware, testing), stage threeis professional basic courses (various sub-fields), and stage four isprofessional advanced courses (job-specific knowledge and skills).From general to specialized fields, the project aims to provide acomprehensive and systematic learning path for fresh graduates,helping them progress steadily in their career paths.

Xingshengtai Training Camp Group Photo

Xingshengtai Acceleration Program

Xingshengtai CampusRecruitment Training Program

Case

XingshengtaiAcceleration ProgramCase

Employee Care and Integration

Wingtech is committed to creating an inclusive, supportive, and humanistic working environment. We not only pay attention to theprofessional development of employees but also care about their physical and mental health, as well as their well-being in life,striving to provide each employee with a warm, harmonious, and cohesive family.Employee Communication

Wingtech conducts employee satisfaction surveys every quarter, coveringdimensions such as corporate culture, management methods, workingenvironment, compensation and benefits, etc. In 2024, the Company furtheroptimized the employee satisfaction survey, dividing it into satisfaction surveysfor employee activities and surveys for corporate identity and the overall workingenvironment. We attach great importance to the collection and feedback ofemployees' opinions, regarding them as an important leverage for improvingmanagement conditions and promoting corporate development. The employeesatisfaction rate for this year is 99%.During the Reporting Period, Wingtech further optimized the employeecommunication and feedback mechanism. The Jiaxing Factory launched the"Employees Have Their Say" platform in January 2024, which enables quick andeffective resolution of employee appeals through online feedback responses.A total of 54 feedback items were handled in 2024, with 13 face-to-face policyexplanation meetings and birthday discussions held for frontline employees, providing them with communication and feedbackplatforms and channels, which significantly improved employee satisfaction. The Huangshi Factory established a diverse range ofcommunication channels through a combination of online and offline methods, including special telephone lines, email, employeerelations communication windows, suggestion boxes, management interviews, and discussion meetings, to comprehensively addressemployee inquiries, complaints, appeals, and suggestions.During the Reporting Period, Wingtech established the Dormitory Leader & Deputy Line Leader program, aimed at helping newemployees integrate into the new environment faster and better. The main responsibilities of the Dormitory Leader and Deputy LineLeader are to listen to the voices of employees, convey and promote company policies, stabilize grassroots employees, speak foremployee representatives, collect employee opinions, and actively resolve them by feeding them back upwards. Through thesemeasures, the Company has achieved remarkable results in factories such as Kunming, Huangshi, and Jiaxing, significantly reducingemployee turnover and complaint rates.Featured ActivitiesWingtech strives to build a good employer image of "Loving and Warm", actively organizing various collective activities beneficial toemployees' physical and mental health. In specific, we carry out handicraft activities on traditional festivals such as the Dragon BoatFestival, the Mid-Autumn Festival, and the Lantern Festival. We also invite employees and their families to the family open day, andorganize fitness exercises such as jogging and walking. In addition, subsidiaries of Wingtech have also set up many interest clubs suchas Chinese traditional culture club, e-sports club, basketball club and football club, to enhance the friendship between colleagues.such as handmade activities during traditional festivals like the Dragon Boat Festival, Mid-Autumn Festival, and Lantern Festival,inviting employees and their family members to participate in Family Open Days, and conducting fitness activities like long-distancerunning and walking. Wingtech's subsidiaries have also formed interest clubs such as the Guofeng Club, E-sports Club, BasketballClub, and Football Club.

Product Integration Business Sector

Employee Satisfaction Score202220232024

99%86%82%

Wingtech actively participates in and promotes sports events toencourage a healthy lifestyle and inspire societal love for sports. In2024, the Wingtech Nexperia Shanghai 10km Elite Race attractedabout 7,000 top runners and enthusiasts from home and abroad.The event was fully upgraded in scale, becoming the only WorldAthletics 10km Gold Label event in China.

Sports Events

2024 Wingtech Nexperia Shanghai10km Elite Race

Case

6566

Employee Care, Building a Happy Workplace

Wingtech successfully held a Spring Festival amusementevent themed "Childlike Fun" , creating a joyful and warmholiday experience for its employees. The event revolvedaround three experience modules: "Taste-based New Yearmemories," "New Year colors in hand," and "Childhoodgame paradise," with over 2,000 participants. The gamesessions were not only fun but also stress-relieving,allowing every participant to return with blessings andgifts.

Spring Festival Amusement Event

Team Building Activity

Mid-Autumn Festival

Activity

Water-Splashing Festival

Activity

Basketball Match A Thousand Forms of Love Series

Themed Activity Concert

"Joyful New Year, Sweeter Days" SpringFestival Amusement Event

Case

Employee CareWingtech pays attention to the physical and mental health of employees. We provide health check-up services, cervical and breastCancer screening, expert volunteer clinics, and other health care benefits for employees, and during the Reporting Period, we held thefourth "3+1" Health Month event themed "Unleash Your Energy, Youth in Full Bloom", aimed at stimulating employees' enthusiasm forsports and promoting a healthy lifestyle through a combination of online and offline methods.

In terms of mental health, the Semiconductor Business Sector conducts mental health first aiders training. However, our primaryfocus is on maintaining a healthy worklife balance to prevent mental health first aid from becoming necessary. For example, ourSemiconductor Business Sector factory offers employees various leisure activities, such as table tennis and table soccer, to encourageoff-screen breaks. The factory also arranges weekly kickboxing group lessons to support regular sports and movement. At theGermany Hamburg Factory, the HR team organized an employee health day in partnership with a local health insurance company.These efforts aim to reduce stress, improve physical and mental health, and minimize work disruptions and extended absences. OurUK Manchester Factory also focuses on these areas, helping employees return to work in cooperation with their line managers.

Employee Care Activities

Health Month Activity

Regularly invitemedical expertsto conduct healthconsultationsand consultationactivities

Provide freecervical and breastcancer screeningservices for femaleemployees aged 35and above

In response to thecall of the localtrade union, wepurchased mutualmedical insurancefunds for employeesand activelyassisted employeesin need to applyfor assistance atthe municipal anddistrict levels inWuxi

Nexperia haslaunched theEmployee AssistanceProgram (EAP), whichprovides onlineguidance on issuesthat employees needhelp with, includinghealth, finance,childcare, elderlyrelatives and legalmatters

Nexperia'sFactories regularlyholds health talks,health and safetyfair, and health dayactivities

Volunteer medical

service

Medical Mutual AidCervical and Breast

Cancer Screening

EmployeeAssistanceProgram(EAP)

Health Day Activities

6768

Employee Care, Building a Happy Workplace

Wingtech emphasizes the cultural and religious needs of minority employees, providing well-equipped halal canteens to ensure theirdietary habits are respected. The Company regularly holds meetings with representatives of minority employees to listen to theirvoices and suggestions, further enhancing the integration of diverse cultures in the enterprise. We organize activities for the Eid-al-Fitr and Corban Festival according to the Program for Eid-al-Fitr of Wingtech Technology Co., Ltd. and the Program for Corban Festivalof Wingtech Technology Co., Ltd. every year, expressing festive blessings and care to minority employees.

On the eve of National Day, the Jiaxing Wingtech Party Committee and Trade Union organized a symposium themed "Unity andTogetherness as One Family, Sharing National Feelings Together," inviting representatives from various ethnic minorities to gatherand solicit management and advice from the representatives. On-site, 20 representatives spoke freely, contributing ideas andsuggestions for the Company's development and management.

"Unity and Togetherness as One Family, SharingNational Feelings Together" Themed SymposiumCase

Wingtech is committed to providing comprehensive support and care for female employees in their life and career development.During the Reporting Period, we continued the "Female Star of Smart Manufacturing" selection, and organized health clinicsspecifically for female employees, and launched the Women Empowerment Camp focused on enhancing the capabilities of femalestaff, and were honored with the title of "Women’s Civilization Post of Nanhu District".

Women’s Civilization Post of Nanhu

District

Female Workers' Literary Association

Women Empowerment Camp

Women's Day activities

Health and Safety Protection

The health and safety of employees are the foundation of corporate development. Wingtech always places the lives and occupationalhealth of its employees first. Only when employees feel adequate safety guarantees and health care during work can they betterunleash their potential and achieve a win-win situation for both personal value and corporate goals. Wingtech adheres to strictsafety standards and operational procedures, perfects the health and safety management system, strengthens safety training andawareness enhancement, optimizes the health and safety facilities in the workplace, and comprehensively protects the health andsafety of every employee.

People-oriented, full participation, comply with the rulesand regulations, safe production every second;Continuous improvement, healthy production every day.

Safety Production

Wingtech and its subsidiaries adhere to the occupational health andsafety policy of "People-oriented, full participation, comply with the rulesand regulations, safe production every second; Continuous improvement,healthy production every day". Based on laws and regulations such asthe Safety Production Law of the People's Republic of China and theLaw on Prevention and Control of Occupational Diseases of the People'sRepublic of China, we implement an EHS management framework. SeveralWingtech operating locations have passed the ISO 45001 OccupationalHealth and Safety Management System certification and the third-levelcertification of safety production standardization.

ISO 45001 Occupational Health and Safety

Management System Certification

Safety Production Standardization Level

Three Enterprise Certificate

6970

Employee Care, Building a Happy Workplace

Wingtech has established a comprehensive system of safety production regulations, including the formulation of Safety OperatingProcedures, Special Operations Safety Management System, Hot Work Permit System and other internal systems. It also conductsregular safety training to enhance personnel's awareness of safety risks and standardize safety management and operationalbehaviors. We update the Environmental, Occupational Health and Safety, CSR Targets and Management Plan Tracking Tableannually, address non-compliant items by forming improvement reports, and continuously track improvement progress, committed tointegrating goals with process control.We have formulated and strictly follow the Hazard Identification, Evaluation, and Control Procedure to identify hazards affectingoccupational health and safety in the Company's activities, products, services, or operations. We evaluate hazards and risk factors,identify and update significant risk factors, and form the Hazard Identification and Risk Assessment Form to manage and controlthem. The Semiconductor Business Sector performs comprehensive annual risk assessments at each site using the PDCA (Plan-Do-Check-Act) process. Besides, the Semiconductor Business Sector is a member of the European Semiconductor Industry Association(ESIA). The Semiconductor Business Sector shares the safety data with ESIA each year, including the number of recordable cases, daysaway from work, working hours, FTEs, recordable case rate, severity rate, and other indicators.

The Product Integration Business Sector has established a leading group for the construction of safety risk management andcontrol system. During the Reporting Period, the leading group carried out comprehensive identification of hazard sources and riskassessment at factories in various regions, identifying and improving over 130 risk points. By the end of the Reporting Period, theKunming Factory, Hunagshi Factory and Wuxi Factory has achieved occupational health and safety goals.

Zero occurrences ofhazardous goods,chemical injuries, anddangerous accidents

Three-level safety trainingcoverage rate 100%

Occupational injuryaccident - light injury rate

≤ 2.95 cases/year

Waste monitoringcompletion rate 100%

Occupational diseasehazard examinationcoverage rate 100%

Hazardous waste legal

disposal rate 100%

Zero occurrences ofoccupational diseases

Zero occurrences ofgovernment departmentpenalties

achieved

achieved

achieved

achieved

achieved

achieved

achieved

achieved

? Formulate and operate the Special Operations Management and Hot Work Permit systems to implement the occupa-

tional health and safety responsibility system for special operations such as working at heights, lifting, hot work, tem-porary electricity use, earth-breaking, limited space, etc. ? Conduct regular safety inspections, including monthly, quarterly, annual, special, and seasonal checks. Joint inspec-tions of the production environment, equipment, and personnel in the factory area are conducted by various depart-ments. It is required that responsible departments rectify issues within specified time limits, eliminate potential safetyhazards, and ensure safe production.SafetyProductionStandardi-

zation

?Establish a safety risk control system construction leadership group and ensure that safety officers in various locations

meet the standard professional skill requirements, with 45 safety officers holding safety management certificates inJiaxing, Kunming, and Huangshi factories. ? Conduct an annual comprehensive risk identification, with strict control measures formulated for the identified risks. ?Enhance the standards and requirements for equipment safety control measures, and strengthen the management ofsafety protection devices and physical protection.

Safety Risk

Preven-

tion

?Formulate strict safety operation procedures for the issuance, daily management, storage, and disposal of hazardous

chemicals. ?Require hazardous chemicals practitioners to undergo professional training, and hazardous chemicals suppliers toprovide business licenses, Material Safety Data Sheets (MSDS), inspection reports, and other certificates; transportationand loading personnel must be trained and qualified by relevant departments and hold valid certificates.

HazardousChemicalsManage-

ment

?Require special equipment operation must be prepared and licensed to operate, and strictly comply with the operating

procedures. ?Require special equipment to undergo regular annual inspections and form inspection reports, establishing a complete

special equipment ledger.

SpecialEquipment

Manage-ment

?Continuously improve the Company's management of sudden electric shock, fire, mechanical injury, etc., and prepare

relevant plans. ?Establish emergency rescue command leading group, develop annual emergency drill plan, organize annual internalhazardous chemical leakage drills and other special emergency drills. ?Configure and improve the emergency rescue protective equipment (gas masks, air respirators, ambulance stretchers,

vehicles).Emer-gencyManage-

ment

Safety Production Management Measures

7172

Employee Care, Building a Happy Workplace

? Organize the List of Occupational Disease Hazards Factors for Each Position and the distribu-tion map of occupational hazards and make them public. ? Invite third parties to conduct occupational disease hazard factor identification and imple-ment modification suggestions.? Arrange pre-job, on-job, and off-job occupational health examinations for all employees in occupa-tionally hazardous positions and sign an occupational health examination notification.

?Provide all employees with necessary labor protection supplies such as safety helmets, protectivegloves, protective shoes, protective goggles, personal dosimeters, etc., and supervise the correctwearing.? Post warning signs and occupational disease hazard notices at locations that may produce occupa-tional disease hazards.

?Regularly conduct occupational safety and health training to enhance employees' awareness ofprotection and emergency response skills.

? Adoption of automated equipment to reduce employee exposure to hazardous substances.

During the Reporting Period,

Wingtech achieved

zero

fatalities, and the number of work-related injuries in the Product IntegrationBusiness Sector was

, and the number of lost workdays lost due to work-related injuries was

. Wewill continue to strengthen employee safety knowledge promotion to reduce the number of occupationalinjuries and lost workdays due to injuries.

Occupational Health and Safety Cul-ture Construction

To improve all employees' safety awareness and reduce the harm causedby safety hazards, we conduct safety education and training for allemployees according to the annual training plan, committing to imple-menting safety awareness throughout the Company. To strengthen themanagement of hazardous chemical safety, prevent accidents relatedto hazardous chemicals such as fires, explosions, and poisoning, andenhance the ability to deal with emergencies. During the Reporting Peri-od, the Product Integration Business Sector carried out emergency drills,including fire drills, elevator entrapment, mechanical injury, and fall fromheight drills; the Semiconductor Business Sector carried out chemical-re-lated education and training, conducted regular chemical leakage evacu-ation drills, and ensured that the operating factories had employees withprofessional emergency skills.

Worry-Free Health

Wingtech, with a high sense of responsibility for the health of its employees, actively takes measures to improve the working envi-ronment and strengthen personal protection to prevent occupational diseases caused by toxic and harmful factors in the productionprocess. Wingtech has formulated internal systems related to occupational health, such as the Occupational Disease ManagementRegulations and Safety Protection Equipment Management Regulations, and regularly identifies occupational disease hazard factors,organizes comprehensive occupational health check-ups for related employees, distributes labor protection supplies and posts warn-ing signs at the production sites, and actively organizes relevant training. In 2024, we will carry out occupational disease preventionand control law training for new employees in occupational disease positions and team leaders, training on the Occupational DiseasePrevention and Control Act and on-site training in the first half of the year and in the second half of the year during the on-the-job pe-riod, with more than 3,000 employees participating in the training. The Product Integration Business Sector allocates first aid person-nel at a ratio of at least 1% and invites the Red Cross organization to empower first aid training, with a total of 329 people obtainingAHA first aid certificates.

Emergency Drills

Wingtech's Measures for Preventing Occupational Diseases

First Aid Training Occupational Disease Prevention and Treatment Training

Occupational DiseaseHazard FactorIdentificationOccupational Health

ExaminationLabor ProtectionEquipment Provision

Warning Sign PostingTraining in the Pre-vention of Occupa-

tional Diseases

TechnologicalImprovements

Green Development,Empowering GreenTransition

Wingtech adheres to an environmentally friendly production and operation philosophy, establishing acomprehensive environmental management system and actively taking actions under themes such asclimate change response, resource conservation, and compliant emissions to minimize the impact onthe environment. The Board of Directors of Wingtech is the highest governance body for environmentalmanagement in the Group, responsible for supervising the Group's commitments and performance onkey issues such as climate change response, environmental protection, water resource and water stressmanagement, energy management, and waste management.

Contributions to UN SDGs

Key Performance IndicatorsGHG emission intensity

3.97

tCO

e/RMB Million of RevenueEnvironmental protection investment amount RMB

23.51

million

% of the Semiconductor Business Sector's electricity of purchased fromrenewable sourcesThe Semiconductor Business Sector First Sustainability Performance Ratingwith EcoVadis:

GOLD

medal,

th percentile

Wingtech Technology Co., Ltd. 2024Sustainability Report

ABOUT THISREPORT

CHAIRMAN'S

MESSAGE

KEY PERFORMANCEIN 2024

COMPANYINTRODUCTION

SUSTAINABILITYMANAGEMENT

RESPONSIBLEPARTNERSHIP

STANDARD INDEX

TABLEEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

GREENDEVELOPMENT

RESPONSIBLEPARTNERSHIP

STANDARD INDEXTABLE

GREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

7576

Green Development, Empowering Green Transition

Green Management System

Wingtech actively implements the green operation management philosophy by establishing an environmental management system,conducting system certification, enhancing environmental awareness, and other means, to minimize the impact of the Company'soperations on the environment and improve environmental governance capabilities.Wingtech strictly abides by the Environmental Protection Law of the People's Republic of China, the Law of the People's Republic ofChina on the Prevention and Control of Atmospheric Pollution, the Water Pollution Prevention and Control Law of the People's Republicof China, and the EU Waste Electrical and Electronic Equipment(WEEE), the California Proposition 65 Proposition the safe DrinkingWater and Toxic Enforcement Act, and other laws and regulations in the operating regions, ensuring that global operations complywith local legal requirements. On this basis, the Group has formulated and promulgated the Business Guidelines for Environmental,Health and Safety(EHS) Goals, Indicators and Performance Measurement Management Control and other environmental protectionmanagement systems, further clarifying the environmental protection responsibilities of each department.To ensure the effective operation of the environmental management system and the in-depth implementation of the sustainabledevelopment strategy, the Group has established a clear responsibility environmental management organizational structure. Amongthem, the Semiconductor Business Sector has appointed a Global EHS manager to execute the global EHS management systemand coordinate social responsibility management work. At the same time, the VP of Front-End Operations, Global Real Estate andFacilities Management has been assigned to be the responsible for the effectiveness of the EHS management system and socialresponsibility. The Product Integration Business Sector has also established the Safety Production Committee to supervise the safetyand environmental protection management at all levels. Under the guidance of the Safety Production Committee, the safety andenvironmental departments of each factory and safety officers are responsible for the implementation of EHS work.The Group continues to promote environmental management system certification and maintain the validity of the ISO 14001environmental management system certification.

Response to Climate Change

As a major strategic decision made by China to build a community with a shared future for mankind, the "dual carbon" commitment isan inevitable choice to achieve long-term sustainable development. By taking actions in green transformation, Wingtech is proactivelyaddressing the national requirements for carbon peaking and carbon neutrality. in accordance with the Task Force on Climate-Related Financial Disclosures (TCFD) framework and the Guidelines No.14 of Shanghai Stock Exchange for Self-Regulation of ListedCompanies—Sustainability Report (Trial) for the chapter on climate change response, effectively identifies and evaluates potentialclimate-related risks and opportunities, and further strengthens the exploration and practice of the low-carbon development path.Response to and Management of Climate ChangeWe provide disclosure on our efforts and advancements in response to climate change risks from four aspects: governance, strategy,risk management, indicator and goal.

Click to learn more:

Wingtech Sustainable Development

PolicyNexperia Sustainablility Policy

Facilitate energy conservation and emission reductionand continuously improve environmental protectioncapabilities in compliance with laws and regulations.Satisfy global clients' requirements for environmentalprotection in products and production.

EnvironmentalProtection Policy

澳

ISO 14001 Environmental Management System Certification

Gover-ance

Strategy

RiskManage-

ment

Indicatorand Goal

Governance

To deal with the potential impact of climate change on the Group's business, Wingtech has taken proactive measures to activelyaddress the potential impacts of climate change on the Group's business. By integrating internal resources, the Company hasestablished a comprehensive EHS management system, appointed a senior executive responsible for carbon reduction, andestablished a dedicated carbon emission reduction project team to ensure the integration of operational activities and climate changeresponse efforts.StrategyWe have identified, evaluated, and managed the physical risks, transition risks, and climate-related opportunities that may affect thecompany's assets and reflected them in Wingtech's climate change response strategy. The main process is as follows:

Key Risk/Opportuni-

ty Identification

Assessment of KeyRisks/ Opportunities

Scenario Analysis

Strategy Review

Identify key climate-relat-ed risks and opportunitiesrelated to the Group'sprincipal business basedon the TCFD frameworkand extensive industryresearch.

Analyze the specific im-pacts of key climate-relatedrisks and opportunitieson the industry and valuechain, taking into accountthe Group's business char-acteristics.

Analyze and discuss theimpacts of key climate-re-lated risks and opportuni-ties by substituting multi-ple climate scenarios.

Review the adequacy andeffectiveness of the Group'sresponse to climate change.

7778

Green Development, Empowering Green Transition

During the Reporting Period, we have identified the following climate-related physical risks, transition risks, and opportunities, andcorresponding measures.

Risk CategoryDescriptionResponse Measures

Physical

Risk

Acute

Natural disasters can cause damage to facilities andshutdownsExtreme environmental impacts affect distributionchannels and supply chains, leading to increased costsand reduced revenue

Scientifically develop supply production plansand capacity distribution layouts Guarantee product and business continuityChronic

Rising temperatures, rising sea levels, and water scarcitycan limit our access to resource and increase costs

Reduce water costs through water-savingtechnologies Expand the use of renewable energy

Transition

Risk

Policies and Regulations

Climate policies and decarbonization requirements ofvarious countries are becoming stricterIncrease regulatory requirements for existing productsand services, such as carbon tariffs

Strengthen the construction and training ofclimate-related compliance systemsKeep up with the latest international andnational climate-related regulationsTechnology

Increased demand for products using clean technologyand low-emission technology

Increase R&D investment in clean technologyfieldsStandardized clean technology introductionprocessMarket

Increased customer requirements for sustainable productdesign

Continuously iterate sustainable productdesigns to adapt to the marketReputation

Potential risks to company reputation during thesustainable development transition process

Establish a sustainable development andclimate risk management system

Climate-

relatedOpportuni-ties

Resource Efficiency

Use more efficient production and distribution processes Reduce water use and consumption

Improve production process technology andinnovation to enhance efficiencyReduce the negative impact on the resourceenvironment during production andmanufacturingEnergy Efficiency

Use low-carbon energy Participate in the carbon trading markets

Keep up with international and nationalrenewable energy policiesImplement measures such as installingphotovoltaic equipment and purchasinggreen electricity in factories according to localconditionsProducts and Services

Market increasing demand for green products such asnew energy vehicles

Contact and cooperate with more efficientsuppliers Use new technologiesMarket

Enter new markets Understand public sector incentive methods

Actively explore cooperation with governmentand development banksDiversification of financial assets (such as greenbonds)Resilience

Participate in renewable energy projects and adoptenergy-saving measures Use alternative energy/diversification

Strengthen resilience planning (such asinfrastructure, land, buildings)

Wingtech has conducted scenario analysis on the identifiedclimate-related risks and opportunities to deeply assess theirpotential impact on our business, strategy, and financialplanning, and further guide our strategic planning and riskmanagement based on forward-looking analysis. The Grouphas defined two scenarios of low emission and high emission.For physical climate risks, we applied the SSP5-8.5 scenario(Shared Socioeconomic Pathways) of the 6th Assessment Re-port (AR6) of the Intergovernmental Panel on Climate Change(IPCC). To identify transitory risks and opportunities, we ap-plied the Net Zero Emission (NZE) 2050 scenario of the Inter-national Energy Agency (IEA).At the beginning of 2025, the Semiconductor Business Sectorhas launched a climate risk assessment aimed at identifyingand quantifying the climate-related risks to which its opera-tions are exposed, in order to develop an effective responsestrategy.

Practice energy-savingpolicies and industrialstandards & requirements

Implement major

energy-savingprojects

Establish a steeringorganization for ener-gy conservationFacilitate green

productionOrganize per-sonnel training

Execution andsupervision

Apply an energy man-

agement platform

Develop cleantechnologies and

explore greenproducts

The action plan for

carbon emissionreduction of Wingtech

Risk ManagementWingtech recognizes that climate-related risks may potentially affect our assets, operations, supply chain, and brand value. TheCompany practices the concept of sustainable development and integrates climate change into our long-term development strategy.We also include climate change risk in the company's risk management system. Please refer to the Unity and Harmony, CreatingSustainable Development - Building the Risk System chapter for more details.Indicators and Goals

Wingtech commits to achieving car-bon neutrality for Scope 1 and 2 emis-sions by 2050, with the SemiconductorBusiness Sector reaching this goal by2035. We will also incorporate Scope3 emissions into our future carbonneutrality programs to enhance theemission reduction performance ofthe value chain.

2035Semiconductor Business Sector:

Achieving carbon neutrality for Scope1 and 2 emissions by 2035

2050Product Integration Business Sector:

Achieving carbon neutrality for Scope1 and 2 emissions by 2050

Wingtech is actively preparing forsetting of the science-based targets,will continuously work on strategyand pathway planning, and willstrengthen the promotion of theuse of clean/renewable power inproduct development and manufac-turing process. By referring SBTi'srecommendations and guides, wewill strive to improve the realizabilityof our targets and pathways. Duringthe Reporting Period, the Semicon-ductor Business Sector started plan-ning the process of comprehensiveScope 3 data collection and will startcalculation of our Scope 3 emissionsin 2025.In 2025, the Semiconductor BusinessSector will increase the proportion ofrenewable energy in our purchasedelectricity by sourcing 100% greenelectricity for our site in Cabuyao (thePhilippines).

Having designed GHG emission goals,Wingtech calculates GHG emissions everyyear and reviews the progress of goalattainment, to help achieve the carbonpeaking and carbon neutrality vision.

2030Semiconductor Business Sector: In 2023,the Semiconductor Business Sector has setthe mid-term goal: To reduce the Scope 1and 2 emissions by 4% a year between 2024and 2029 (against a 2022 baseline).Duringthe Reporting Period, Nexperia decreasedits Scope 1 and 2 emissions by 15.6%compared to last year.Product Integration Business Sector: Re-duction of 30% in GHG emissions intensityby 2030 compared to 2015; During theReporting Period, the Product IntegrationBusiness Sector has continuously imple-mented various energy-saving and emis-sion reduction measures, resulting in a46% reduction in GHG emissions intensitycompared to 2023.

Carbon Neutrality

Commitment

Carbon Reduction

Goals

Science-BasedCarbon Target

Setting

7980

Green Development, Empowering Green Transition

Optimizing Resource ManagementWingtech is dedicated to building a "Five-Type Enterprise" characterized by intrinsic safety, quality and efficiency, scientific andtechnological innovation, resource saving and harmonious development. We believe that by executing scientific and efficient energy,water, and packaging material management strategies, we can enhance the Company's value creation and sustainability.Energy Resource Management

Wingtech deeply understands the importance of energy management for the green transformation of its operational business. Tothis end, we have established an ESG and Sustainability Management Committee, which is fully responsible for the Group's energymanagement. By formulating scientific standards, implementing efficient management measures, and carrying out effective energy-saving actions, we continuously improve the Group's energy utilization efficiency. In terms of energy management systems, we haveformulated administrative documents such as the Management Operation Specification for Resource Conservation, the ManagementSpecification for Carbon Emission Reduction, the Greenhouse Gas Checklist, the Carbon Emission Reduction Statistics Table, and theEnergy Conservation Management System. During the Reporting Period, the operating site of the Semiconductor Business Sectorlocated in Hamburg continued to obtain the ISO 50001 Energy Management System certificate.Wingtech regularly assesses and tracks the energy usage of its global operating sites, encouraging them to adopt energy-savingmeasures to jointly drive the Group's sustainable transformation. As a key business sector of Wingtech, the Semiconductor BusinessSector continuously increases the proportion and efficiency of renewable energy usage, optimizing the energy structure to reduceenvironmental impact. To ensure a stable supply of renewable energy, the Semiconductor Business Sector establishes reliable long-term partnerships with stakeholders, adopting internationally recognized renewable energy contracts and certifications. Additionally,the Semiconductor Business Sector has developed a green energy mechanism, including Power Purchase Agreements (PPAs),Energy Attribute Certificates (EACs), green electricity prices, and on-site generation, among other customized solutions, effectivelyreducing greenhouse gas emissions from purchased electricity. For details on the Semiconductor Business Sector's energy-saving andenvironmental protection initiatives, please refer to the Nexperia 2024 Sustainability Report. The Product Integration Business Sectoralso holds monthly energy-saving control special meetings to summarize the implementation effectiveness of energy-saving controlmeasures, allowing for timely adjustments to energy-saving strategies.

Energy Recovery

EquipmentRetrofitting

Optimizelighting andexhaustequipment

Non-productionpowermanagement

Equipmentupgrade

RenewableEnergy

The Kunming Factory of the Product Integration Business Sector purchases 117.22 million kWh of clean energy electricity;

The Kunming Factory and Jiaxing Factory of the Product Integration Business Sector installed the photovoltaic power generation equipment onthe roof, with an annual effective power generation of 10.73 million kWh;

The Jiaxing Factory of the Product Integration Business Sector provided solar water heaters for employees, saving 0.39 million kWh of electricityper year;

32% of the electricity purchased by the Semiconductor Business Sector comes from renewable sources (conform RE100/GHG Protocol)

The Jiaxing Factory of the Product Integration Business Sector cooled facilities in production workshops by using liquid nitrogen by means ofwater circulation cooling capacity recovery based on the principle of heat absorption in converting liquid nitrogen into nitrogen, saving 75,000kWh of electricity per year;

The Huangshi Factory of the Product Integration Business Sector uses waste heat from air compressors and ice machines to recover heat, reducingnatural gas consumption by 20% and 40% respectively each year;

The Jiaxing Factory and Wuxi Factory of the Product Integration Business Sector transformed air compressors in frequency conversion andconstant pressure by applying a centralized control system, saving 170,000 kWh of electricity per year;

The Jiaxing Factory and Wuxi Factory of the Product Integration Business Sector installed an intelligent automatic control system through soundand light control and redesigned the park’s lighting equipment to save energy and reduce consumption. It also installed a timing controller onexhaust fans and other facilities, enabling remote control, timing and other functions. This resulted in an annual electricity saving of at least 4million kWh without affecting production;To avoid increased costs due to power loss during non-production hours, power control measures such as turning off perimeter lights, reducingthe frequency of air conditioning unit fans, and slowing down FFUs (Fan Filter Units) have been implemented. The Kunming, Jiaxing, and WuxiFactories have accumulated electricity cost savings for the year amount to nearly RMB 3.14 million;

The Semiconductor Business Sector turning equipment off when it is not in use.

The Semiconductor Business Sector uses a highly efficient abatement systems that effectively decompose climate-damaging process gases; The Semiconductor Business Sector integrates advanced low-energy technologies in the production lines;

Energy-savingmeasures in 2024

In 2024, the Semiconductor Business Sector launched a new Product Carbon Footprint(PCF) project to measure the greenhouse gas emissions of products, thereby improvingthe transparency and traceability. The PCF project is led by a cross-functional teamunder the guidance of the Sustainability Office to ensure that PCF data adherences to theCatena-X rulebook and ISO standard 14067, thereby ensuring accuracy and reliability.In the PCF project, the Semiconductor Business Sector calculates the Cradle-to-Gate PCF.The main emission sources include raw material sourcing, production of pre-producedproducts, semi-finished products and finished products, packaging of products, disposalof production waste, and logistics. By comprehensively evaluating the carbon emissionsof these links, the Semiconductor Business Sector can more accurately identify emissionreduction potential, optimize production processes, and reduce the environmentalimpact of products. For further information, please refer to the Emissions chapter ofNexperia 2024 Sustainability Report.

Product Carbon Footprint Project

To enhance the energy-saving awareness of all employees, we employ various methods such as posting energy-saving promotionalposters and hosting activities to enhance employee awareness, helping the Group achieve its green operation goals. Duringthe Reporting Period, the Product Integration Business Sector carried out themed publicity activities including energy audits andmanagement, and energy-saving training, with a 100% employee participation rate.In 2024, Wingtech's energy consumption and greenhouse gas emission data are as follows:

Notes:

1. Direct greenhouse gas emissions (scope 1) are complied with GHG Protocol and calculated according to the 2019 IPCC Guidelines for National Greenhouse Gas Inventories and

the GB/T2589-2020 General Rules for the Calculation of Comprehensive Energy Consumption.

2. In 2024, the Product Integration Business Sector’s indirect greenhouse gas emissions (scope 2) were calculated based on the emission factors of 2022 specified in the Notice on

Doing a Good Job in the Management of Greenhouse Gas Emission Reports for Enterprises in the Power Generation Industry from 2023 to 2025 issued by the Ministry of Ecologyand Environment of China; While the Semiconductor Business Sector’s indirect greenhouse gas emissions (scope 2) were calculated based on the GHG Protocol using marketbased CO2 conversions factors.

3. In 2024, Huangshi Factory and Phase II of the Kunming Factory of the Product Integration Business Sector started production, resulting in increased energy usage and

greenhouse gas emissions data; While the Semiconductor Business Sector’s calculation of perfluorocarbons, SF6 , etc., was changed from 2006 IPCC Guidelines for NationalGreenhouse Gas Inventories to 2019 IPCC Guidelines for National Greenhouse Gas Inventories leading to a rise in Direct GHG emissions.

4. Specifically, the electricity consumption of the Product Integration Business Sector includes 117.21 million kWh of green electricity, an increase of 57.85 million kWh of green

electricity compared to last year.

Indicator

20232024

Natural gas consumption (ten thousand cubic meters)2,283.71,952.6Gasoline consumption (liters)131,003.157,004.9Diesel consumption (liters)44,948.958,177.8Liquefied petroleum gas consumption (liters)86,420.682,609.2Steam (tons)-7,002Electricity consumption (ten thousand degrees)

63,038.562,985.6Direct GHG emissions (Scope 1) (tCO

e)

137,101.3110,863.7Indirect GHG emissions from energy (Scope 2) (tCO

e)

282,623.5181,371.4Total GHG emissions (tCO

e)419,724.7292,235.1Greenhouse gas emission density (tCO

e / RMB Million of Revenue)

6.863.97

Green Development, Empowering Green Transition

Water Resource Management

In response to the increasingly severe global water resource crisis and the rational use of freshwater resources, Wingtech continuouslyimproves its water resource management mechanisms and strengthens water resource management throughout the production andoperation process. Wingtech's ESG and Sustainability Committee supervises water resource management issues and is responsiblefor water resource utilization strategies and performance management. The Semiconductor Business Sector’s Sustainability Boardmonitors and steers all our ESG initiatives. Since the beginning of 2024, the Board has convened monthly under the leadership of theHead of Sustainability. It evaluates and manages the Semiconductor Business Sector’s sustainability performance, addresses anyshortfalls, and drives continuous improvement. The Semiconductor Business Secor's Sustainability Board comprises its Chief FinancialOfficer (CFO), Chief Operating Officer (COO), Chief Legal Officer, and all key ESG topic owners from relevant departments. To ensureconsistent and direct reporting, the Head of Sustainability communicates insights and key findings from Sustainability Board meetingsto the Executive Management Team (EMT) and the Chief Executive Officer (CEO) for their information or approval.Wingtech adopts a comprehensive approach to reduce water usage, recover water, and effectively treat wastewater generated fromoperations. Wingtech has set water-saving goals to manage water consumption more efficiently. The Semiconductor Business Sectoruses "cubic meters water usage per square meter produced silicon" as a key water resource management performance indicator.By regularly analyzing and tracking changes in this indicator, it reduces water intensity and improves water use efficiency. In 2024,Wingtech's water usage intensity decreases by 11.45% compared to 2023. In 2024, normalized water consumption in the SemiconductorBusiness Sector decreased by 27% compared to the baseline year of 2017. Meanwhile, the water recycling rate continues to increase,with a water recovery rate of 19% and a global total of nearly 1 million cubic meters of water recycled. The Product IntegrationBusiness Sector has set an annual water reduction target of 2%, with water usage at R&D and operational sites in 2023 decreasing by36% compared to 2023.During operations, Wingtech's water consumption mainly involves production and domestic water. The Semiconductor Business Sectorsources approximately 90% of its water from third-party providers and extracts the remaining amounts internally from groundwatersources. The Semiconductor Business Sector strictly abides by the laws and regulations of the business location and handles anddischarges wastewater in compliance with regulations. In addition, the Stormwater Management Policy has been formulated toprevent the release of pollutants into the environment during stormwater runoff. To this end, all manufacturing factories in theSemiconductor Business Sector conduct risk assessments and regularly monitor the effectiveness of the implementation of relevantmeasures. The Product Integration Business Sector uses a relatively small amount of water for production, and all wastewatergenerated during the production process is treated and recycled to ensure that no production wastewater is discharged.

When being engaged in planning, design, or renovation, the de-partment responsible for engineering should apply a circulating andcascaded water supply and consumption system along with wa-ter-saving technologies and measures

Use water-saving appliances to the maximum extent, andstrengthen their inspection and repair to prevent dripping andlong running water

Establishing and implementing water conservation regulationsand systems, and setting water-saving targets

Ensure an intact water reuse systemin production toprevent leakage and discharge

Promoting water-saving awareness

among all employeesInstall water meters to measure water consumption

Minimize the water inflow into the water circulation system duringproduction, improve the efficiency of cooling water devices or otherwater devices, and reduce water loss

Wingtech actively explores and introduces advanced water-saving technologies, implements various water resource substitutionmeasures, explores new models for water recycling, and enhances water resource utilization efficiency.

Our data on water use and wastewater discharge of 2024 are shown in the table below:

Water-savingmeasures

Reclaimed waterreuse project

Filtered water reuse

project

Improvement Projectfor Cooling Waterin Air ConditioningSystems

Rainwater reuseproject

The Jiaxing Factory of the Product Integration Business Sector has built a sponge city rainwater system, effectively collecting rainwater intorainwater storage ponds for greenery irrigation in the factory area.The Jiaxing Factory of the Product Integration Business Sector has implemented filtration and sedimentation technology to recover and reuseRO (reverse osmosis) water used in the production process. As of the end of the Reporting Period, the total volume of reclaimed water usedfor green plant irrigation was approximately 20,000 cubic meters.The Jiaxing Factory of the Product Integration Business Sector's painting workshop has carried out energy-saving circulating wateroptimization transformation, with water spray filtration equipment, allowing the water resources treated by filtration and sedimentation to bereused in a cycle. As of the end of the Reporting Period, the water usage of the water spray filtration project had decreased by 5% comparedto 2023.Since 2020, the Dongguan Factory of the Semiconductor Business Sector has replaced the tap water used for air conditioning cooling withrecycled water treated by the wastewater treatment plant. This measure helps the Dongguan Factory in China save 300 tons per day of tapwater and reduces sewage discharge.

Alternative water sourcepractice in 2024

Indicators20232024

Water usage (ten thousand tons)

567.2603.9

Wastewater (ten thousand tons)

318.1141.3

Water usage intensity (ten thousand tons/RMB Million of Revenue)

92.6682.05

Packaging ManagementWingtech focuses on sustainable packaging material management during production and operations, enhancing the recycling rate ofpackaging materials from multiple dimensions such as the selection of sustainable materials, optimization of production processes,recycling and reuse of packaging, and extension of product life cycles, thereby reducing packaging waste and greenhouse gasemissions. Among these, cardboard boxes are one of the packaging materials extensively used by the Product Integration BusinessSector in the transportation process. Key packaging material suppliers of the Product Integration Business Sector commit to prioritizingthe purchase of paper products with FSC forest system certification.

Notes:

1. In 2024, the wastewater statistics only covers the Product Integration Business Sector. For water-related data of the Semiconductor Business Sector, please refer to the Nexperia

2024 Sustainability Report.

8281

Green Development, Empowering Green Transition

Compliance Emission Management

Wingtech attaches great importance to its responsibility for compliant emissions, fully aware of the potential negative impacts ofwaste emissions on the environment and human health. Therefore, we are committed to reducing various emissions generated duringproduction and operations and integrating waste management into the environmental management system to promote sustainableproduction and operations.To achieve this goal, Wingtech utilizes professional processing equipment and innovative technologies to ensure that emissions areproperly and environmentally treated. At the same time, we entrust third-party organizations with professional qualifications torigorously test the emissions to ensure compliance with standards. In addition, we also focus on the efficient use and recycling ofresources, implementing multiple measures to reduce the impact of operations and production processes on the environment, andbuilding green office and production facilities.Emission ManagementWingtech's gas emissions during operations primarily stem from volatile organic compounds (VOCs) and nitrogen oxides(NOx)generated in the spraying and photolithography process. We commit to monitoring and treating the waste gas produced during theproduction and operation processes in accordance with requirements before it is emitted. To standardize the management of wastegas emissions, we have formulated documents such as the Measures for the Management of Waste Water, Waste Gas and Noise toensure that waste gas emissions meet legal and regulatory standards.Wingtech adopts advanced environmental protection techniques, such as the latest ceramic regenerative catalytic combustionmethod, to treat waste gas. The waste gas treatment rate reaches 95%, far exceeding the national requirement of 90%. In 2024, theNOx emissions from the Semiconductor Business Sector decreased by 2% compared to 2023, while the VOCs emissions dropped by21% compared to 2023. During the Reporting Period, Huangshi Factory of the Product Integration Business Sector gradually usedwater-based raw materials with lower toxicity and organic content at the raw material end, effectively reducing the generation ofVOCs; Kunming Factory of the Product Integration Business Sector installed gas collection hoods to collect VOCs, achieving an annualreduction of 1.9 tons and improving the reduction efficiency by 72%. Additionally, we introduced an online VOCs monitoring system tomonitor emission compliance in real-time. For different regional environments, we also implemented targeted gas collection solutionsusing secondary activated carbon to ensure that all production areas meet the required standards.Waste ManagementTo effectively manage and treat solid waste, we have formulated and issued a series of management procedures and measuresincluding the Management Operation Specifications for Wastewater, Waste Gas, and Solid Waste, the Waste Collection and DisposalMeasures, and the Management Policy for Hazardous Waste, aimed at continuously optimizing the waste management system. Inthe production process of Wingtech, the generated solid waste mainly includes hazardous waste, general industrial solid waste, anddomestic waste. To ensure proper execution of waste management, we classify and categorize solid waste according to applicablelaws and regulations at each operating location, and we entrust qualified third-party disposal units to handle all solid waste incompliance with regulations, maintaining various registers.Wingtech has clearly set annual waste management goals. In waste management, the Semiconductor Business Sector is committedto reducing or completely eliminating waste or waste streams. For waste that cannot be avoided, the Semiconductor Business Sectorcontinuously seek solutions to increase reuse or recycling. During the Reporting Period, the waste recycling rate at the manufacturingsites of the Semiconductor Business Sector reached 86%. At the beginning of each year, the Semiconductor Business Sector setsrecycling rate targets for each manufacturing plant and regularly records and monitors the waste generated by each plant. For plantsthat fail to meet the targets, targeted corrective measures are promptly implemented. The Product Integration Business Sector activelycarries out waste recycling activities to achieve the goal of 100% compliant disposal of waste, in order to reduce resource waste,environmental pollution, energy consumption, and production costs. During the Reporting Period, the Huangshi Factory of the ProductIntegration Business Sector introduced aluminum chip briquetting machine equipment, achieving separation of oil and aluminumchips, significantly reducing the storage space for waste materials, and greatly improving the efficiency of waste management.

Zero Landfill ofWaste

The Kunming Factory of Product Integration Business Sector actively implements a zero landfill waste policy to minimize environmentalpollution and resource waste, and to promote the development of a circular economy. The zero landfill initiative aims to increase theconversion rate of waste and to establish an environmental protection concept for the recycling of waste. For non-recyclable waste, theKunming factory also disposes of it properly.During the Reporting Period, the Kunming Factory conducted classified statistics of waste, including solid waste, hazardous waste, domesticwaste, and kitchen waste. Based on the number of people in the plant and its production capacity, the Kunming Factory conducted a logisticsanalysis of the generated waste. Through various treatment methods such as incineration to energy conversion, non-energy incineration,recycling, biogas production, composting, and landfill, the Kunming Factory calculated the waste conversion rate. In 2024, the monthly wasteconversion rate of the Kunming Factory was all above 90%.

Our waste emission and discharge performance of 2024 is shown in the following table:

Indicator

1,2,3

20232024

Hazardous waste (tons)5,806.26,753.4

Non-hazardous waste (tons)23,240.720,389.0Notes:

1. The Product Integration Business Sector’s hazardous waste mainly includes waste degreasers cleaning agents and paint grease generated in the production process. Non-

hazardous waste mainly includes industrial solid waste generated in the production process and waste such as miscellaneous materials, plastic, paper, wood, kitchen waste,construction waste, etc.

2. The Semiconductor Business Sector’s manufacturing generates hazardous and non-hazardous waste streams, including solvents, acids, and metal plating waste. The operations

also produce paper, plastic, wood, metal, electronic, kitchen, and general office waste.

3. In 2024, Huangshi Factory and Phase II of the Kunming Factory of the Product Integration Business Sector started production, resulting in an increase of the total volume of

hazardous and non-hazardous waste.Green environmental protection advocacyWingtech actively promotes green office practices, integrating the concept of green and low-carbon into its daily operations.Specifically, the Dongguan-based factory of the Semiconductor Business Sector in China has fully implemented paperless officeoperations. Meanwhile, Wingtech's procurement center continuously promotes the construction of digital media, realizing the fullpaperless process of the procurement business through a digital system of lifecycle management.The Product Integration Business Sector actively carries out various environmental protection-themed training activities to enhancethe environmental awareness of all employees. During the Reporting Period, the Product Integration Business Sector organizedseveral environmental protection themed training activities for new employees and key positions involving chemical management,providing them with compliant guidance in practical operations.During the Reporting Period, different factories in the Semiconductor Business Sector respectively participated in a Hiking & Cleaninginitiative, which combined exercise with collecting litter for a cleaner natural environment; cleaned up a lakeside in the village ofBaclaran, helping to preserve and protect vital local water sources; participated in MPower’s annual "CommuniTrees" tree plantingactivity, and planted 1,500 seedlings to support local reforestation efforts.

8483

ResponsiblePartnership, JointCooperation andConstructionThe success of the Company depends not only on its own efforts but also on the cooperation with variouspartners. We are always committed to building a sustainable development ecosystem together withsupply chain partners and the community. In supply chain management, we ensure that our partnerspractice social responsibility together through strict admission standards and continuous monitoringmechanisms; on the issue of conflict procurement, we adhere to moral bottom lines and firmly resist anybehavior that violates humanitarian principles; in the field of social public welfare, we actively act, giveback to society, and spread warmth and hope.

Contributing to the UN SDGs

Key Performance IndicatorsThe Product Integration Business Sector has achieved a

% ratio ofsuppliers signing social responsibility commitmentsThe Semiconductor Business Sector completed its annual RBA Validationassessment project review for all plants, and achieved a score of

90.4

in RBA self-assessmentTotal Investment in Donation and Public Welfare Projects: RMB

6.04

millionTotal investment in poverty alleviation and rural revitalization: RMB

3.99

million

Wingtech Technology Co., Ltd. 2024Sustainability Report

STANDARD INDEXTABLEABOUT THISREPORT

CHAIRMAN'SMESSAGE

KEY PERFORMANCEIN 2024

COMPANYINTRODUCTION

SUSTAINABILITYMANAGEMENT

GREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

RESPONSIBLEPARTNERSHIPRESPONSIBLEPARTNERSHIP

STANDARD INDEXTABLE

GREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

8788

Responsible Partnership, Joint Cooperation and Construction

Standardizing Re-sponsible Procure-ment

The Group deeply understands that the sustainable de-velopment of enterprises requires the collaboration of thesupply chain. We actively participate in industry exchangesand advocate responsible procurement. By strengtheningcooperation with suppliers, ensuring that raw materials are not involved in conflict minerals, we promote supply chain transparencyand contribute to the sustainable development of the industry.Supply Chain ManagementWingtech adheres to responsible procurement, standardizes supply chain management, strictly controls the introduction of suppliers,and prioritizes cooperation with suppliers who have excellent performance in sustainable development.Supply Quality ControlWingtech has formulated comprehensive procurement and supplier management systems, strictly controlling the introduction, dailymanagement, and performance assessment of suppliers to ensure high-quality and stable supply.Due to different demands, each business sector has established its own scientific and complete supplier management structure. TheProduct Integration Business Sector has established a Procurement Committee responsible for the procurement strategy and supplieradmission, selection review, and decision-making for all categories, and jointly optimizes and improves the supplier system with var-ious departments. The procurement department of the Semiconductor Business Sector is responsible for supplier selection and man-agement. The Quality department is responsible for auditing suppliers to ensure high-quality, while the Procurement Sustainabilityand Risk department is responsible for social audits and coordinating the implementation of corrective action plans.By the end of the Reporting Period, the Product Integration Business Sector had a total of 1,050 suppliers, of which 799 were locatedin Mainland China, Hong Kong, Macau, and Taiwan. Our tier 1 suppliers are mainly product assembly suppliers, tier 2 suppliers mainlycomponent suppliers, and tier 3 suppliers mainly provide raw materials.Admission of Suppliers and Quality AssuranceFor the supplier admission stage, we have formulated the New Supplier Certification Procedure to select suitable suppliers, whichstipulates that new suppliers must pass ISO 9001 and ISO 14001 system certification or other equivalent certifications, comply withindustry or national standards, have no social responsibility red line behaviors, and ensure that their deliverables meet quality andenvironmental requirements. During the Reporting Period, Wingtech further improved the New Supplier Selection Certification Proce-dure, requiring official authorization information from the original manufacturer for agents whose agency qualifications do not have aclear validity period, and setting a maximum validity period of 3 years. At the same time, it improved the types of supplier informationchanges, clarifying the documents required for each type, with suppliers completing information changes on the SRM end to reducesupplier management risks. In addition, the Company also conducted an overall optimization of the Supplier On-site Evaluation Form,reducing the average number of on-site audit clauses by 110 through merging and updating audit terms, thereby enhancing the rigorof the entry process.The Semiconductor Business Sector also requires new suppliers to complete a self-assessment questionnaire upon admission, includ-ing assessments and scoring on CSR aspects. Each survey questionnaire must be reviewed and signed by a member of the supplier'stop management and approved by the Procurement Sustainability and Risk department of the Semiconductor Business Sector.

Wingtech has clear quality requirements for suppliers. We haveestablished supplier quality indicators, and for suppliers with unstablequality conditions, we will promptly hold quality communicationmeetings with their senior management to jointly identify qualityrisks and develop preventive measures. For suppliers whose qualityperformance does not meet the standards, we will organize qualityreview meetings and require the highest quality managers to reporttheir quality improvement work to us. If the quality is not improvedaccordingly, we will impose penalties on the supplier, such asreducing the supply ratio, lowering the grade, canceling the supplierqualification, and reserve the right to demand compensation forcorresponding losses from the supplier.For introduced suppliers, we manage and grade them in layers andevaluate them in multiple dimensions, such as material quality, delivery capability, business service, R&D support capability, andlabor management, through quarterly performance assessments and annual audits. According to the assessment results, suppliersare classified into five levels: A, B, C, D, and E, representing excellent suppliers, good suppliers, general suppliers, risk suppliers, andhigh-risk suppliers. The assessment results will be linked to subsequent cooperation, continuously managing the supply chain.

Key Performance IndicatorsProduct Integration Business Sector: Cumulative Proportion of SuppliersSigning Social Responsibility Commitment

%Semiconductor Business Sector: All factories have completed the RBA Ver-ification Assessment Project (VAP) and achieved an annual RBA self-as-sessment score of

90.4

points

Supplier Introduction Process

Submit business licensesalong with ISO 9001, ISO14001,and other systemcertification materials

Sign documents includ-ing the ProcurementAgreement, the QualityAgreement, the Confiden-tiality Agreement, and theStandard for Limited Useof Hazardous Substances

Fill in the Supplier Apprais-al Checklist for Self-evalu-ation in terms of R&D, HSFmanagement, procure-ment management, CSRmanagement, and qualitymanagement

Receive information au-dit or on-site audit by theCompany

ThresholdinvestigationAgreementsigning

AgreementsigningSupplier self-

evaluation

Supplier self-

evaluationAudit scoring

Proportion of conforming sampling batches in

total sampling batches in monthly inspections Reject ratio per one million incoming materialsReject ratio per one million products on the

production line Client complaint ratio Major/batch quality incidents

Audit scoringQuality indicators for suppliers

StrategyPreference given

QualifiedLimited selection

Eliminated

Set sponsors and SMPrioritize early involvement in jointinnovationQuota guarantee, resource priority

Controlled granting ofopportunitiesSigning of agreementImprovement under guidance

Grant opportunitiesQuota guaranteeNo opportunitySurvival of the fittest

Layered Management of Suppliers

8990

Responsible Partnership, Joint Cooperation and Construction

Exchange with Suppliers

We value stable transactions and continuous win-win development with suppliers, and regularly communicate with them throughemail, phone, WeChat and other communication methods, as well as carry out offline exchange activities. The monthly averagenumber of visits/receptions exceeds 200 times.

During the Reporting Period, Wingtech successfully held a GlobalElite Partner Conference themed "Smart Collaboration, SustainableDevelopment" at Cihu in Huangshi. The event invited 225 suppliersand over 450 partners to jointly explore cooperation opportunities andachieve mutual benefits and win-win outcome. During the conference,the Company commended the outstanding partners and awarded themwith several awards such as Strategic Cooperation Award and SincerePartner Award, in recognition of their support and contribution toWingtech.

"Smart Collaboration, Sustainable Development"Global Elite Partner ConferenceCase

Global Elite Partner Conference

Supply Chain Social Responsibility Manage-ment

In addition to compliance with relevant laws and regulations, the suppliers mustadhere to the Company’s CSR Code of Conduct. We have formulated the Code ofConduct for Suppliers and other administrative documents. We also ask suppliers tosign the Commitment to Social Responsibilities and other relevant agreements whensigning procurement agreements with us.The Semiconductor Business Sector extends overall responsibility for responsibleprocurement and supplier management to the executive management team,including the COO, Chief Procurement Officer, Vice President of Quality, and SeniorDirector of Global Environment, Health, and Social Responsibility, strengthening thesocial responsibility management of the supply chain.Wingtech formulates an annual audit plan according to the requirements of the Code of Conduct for Suppliers and the SupplierMonitoring Procedure, conducting CSR audits for all relevant first-tier and second-tier suppliers, including modules such as childlabor and young workers, forced labor, environmental protection, fire safety, and chemical safety. During the Reporting Period, thecompletion rate of planned audits for suppliers reached 100%. For second-tier suppliers, Wingtech has included CSR as one of theconditions for new supplier introduction. When non-conformities are found during on-site audits, suppliers are required to provideimprovement plans and evidence of improvement within one month, and to complete the improvements within three months. Ifa supplier scores below 70 in the CSR on-site audit conducted by Wingtech, they are generally not allowed to be introduced; theymust complete rectification and pass re-certification before they can be introduced. In case of urgent needs that initiate a specialprocurement procedure, the supplier can be exceptionally introduced, but a dedicated improvement tracking mechanism must beestablished simultaneously to ensure that the supplier completes the rectification and meets the audit standards within the specifiedperiod.Moreover, we implement the Supplier Monitoring Procedure to conduct daily control and performance assessments of 3 tiersof suppliers (raw materials, other materials) annually. Through the Supplier CSR Audit Checklist, we conduct audits (includingconformity audit, environmental audit, reliability audit, and CSR audit) and carry out unannounced inspections on upstream suppliers,continuously conveying our concept of sustainable development.

Click to learn more:

Wingtech Code of Conduct for

SuppliersNexperia Code of Conduct for

Suppliers

WingtechSupplierSocial RiskManagementRequirements

Ensure no records of labor, fire, environmental, and safety and health violations or illegal activities, nor any collective labor disputes;Establish effective recruitment procedures to identify child labor to ensure no records of child labor;Harassment, abuse, and discrimination against any employee, including but not limited to temporary workers, interns, contract workers, anddirect employees, are strictly prohibited.Any work conditions that seriously endanger life safety or health are prohibited, and an occupational safety management program isestablished, with personal protective equipment provided.Supplier employees' wages and benefits should comply with all applicable laws and regulations.Employees have the right to freedom of association and collective bargaining, and can openly communicate and share ideas about workingconditions and management practices.Sign a CSR agreement with Wingtech.

Wingtech Supplier Social Risk Management Requirements

We fully recognize the importance of environmental management in the supply chain and regard supply chain environmentalmanagement as a management measure for practicing supply chain social responsibility. We strictly control the introduction ofsuppliers, requiring suppliers to comply with our environmental requirements, prioritize pollution-free or low-pollution productionprocesses, equipment, and environmentally friendly materials, and provide corresponding qualification documents. Only suppliersthat meet our environmental requirements can enter the qualified supplier directory. In the process of supplier management, wemonitor and inspect suppliers' environmental management methods and implementation measures in various ways. In addition,we monitor suppliers' commercial water usage and wastewater and actively participate in key customers' product water footprintinventory work, identify and manage water risks in the product manufacturing process, and cooperate with suppliers and otherstakeholders to reduce the water footprint, thereby reducing the water consumption per unit product and improving the waterresource recycling rate. We also proactively provide environmental protection guidance to suppliers and require suppliers to developand implement employee environmental protection training systems, continuously improving employees' environmental protectionawareness and management level, and thoroughly implementing the concept of sustainable development.

Supplier En-vironmental

Risk Man-agement

Reduce environmental impact bystatistically monitoring and con-trolling the usage of various resourc-es and greenhouse gas emissions

Check suppliers' waste discharge permits andother legal documents, environmental impactassessment reports, compliance processing andrelated records of exhaust gas/wastewater/solidwaste, etcNo negative records are found on theInstitute of Public & Environmental Af-fairs website (www.IPE.org.cn)

Key Elements of Wingtech’s Supplier Environmental Management

In 2024, the Product Integration Business Sector:

Achieved a

% ratio of suppliers signing social responsibility commitments.Completed the planned CSR audit of suppliers with a completion rate of

%.

9192

Responsible Partnership, Joint Cooperation and Construction

As a member of the RBA, the Semiconductor Business Sector requires all suppliers to sign the Statement of Suppliers on Complianceand asks them to always comply with the Semiconductor Business Sector 's Code of Conduct for Suppliers. The SemiconductorBusiness Sector also continuously monitors suppliers' performance in social responsibility, and regularly audits selected suppliersin terms of labor, human rights, environmental management, business ethics, governance and compliance. The SemiconductorBusiness Sector has developed a social responsibility risk assessment process for all suppliers, contractors, and service providers.For suppliers that fall beyond the risk threshold or have low performance in ESG are subject to social responsibility audit procedures,the Semiconductor Business Sector would take measures against suppliers that violate business ethics. During the Reporting Period,all of the Semiconductor Business Sector’s factories underwent the RBA Validated Assessment Project (VAP) audits. Additionally, theSemiconductor Business Sector completed its annual RBA self-assessment and achieved a score of 90.4.

Strengthening Supply Chain Management, PracticingResponsible Business PracticesCase

Conflict Mineral ManagementThe Group actively responds to the policies of prohibiting the use ofconflict minerals to fulfill social responsibilities. We have establisheda complete conflict minerals management system, includingthe Management Measures of Conflict Minerals, the OperationalGuidelines for the Management of Conflict Minerals and otherinstitutional documents. We also openly disclose the Statement onPolicies for Purchasing Conflict-free Minerals to avoid using conflictminerals obtained from illegal operations.We also explicitly state our commitment to responsible mineralsourcing in our Code of Conduct for Suppliers. In addition, we havea specialized organizational structure to manage conflict mineralsand specially designated personnel to collect, sort out, and evaluatestandards and client requirements related to conflict minerals, cobaltand mica while overseeing the implementation of the conflict mineralmanagement. We transform the standards and requirements into our internal management measures of conflict minerals, and deliverthem to our suppliers as soon as possible to facilitate agreement signing and due diligence.In terms of supplier management, we require new suppliers to conduct conflict minerals investigations according to CMRT and EMRTduring the onboarding process, and to carry out investigations on suppliers every year in accordance with the Management Measuresof Conflict Minerals. During the Reporting Period, we initiated CMRT and EMRT investigations on 240 transaction-related suppliers andconducted PRT mineral investigations on 205 suppliers, with no non-compliant suppliers found.During the Reporting Period, Product Integration Business Sector issued conflict minerals survey forms to all existing suppliers involvedin the supply of tin, tungsten, tantalum, and gold (3TG). We require suppliers to complete the Conflict Minerals Reporting Template(CMRT) and the Extended Minerals Reporting Template (EMRT) to report the source and the chain of custody of conflict minerals. Wealso audit the source and the chain of custody of conflict minerals in the supply chain in an effective and risk-based manner basedon the Organisation for Economic Co-operation and Development (OECD)’s Due Diligence Guidance for Responsible Supply Chains ofMinerals from Conflict-Affected and High-Risk Areas.As part of these efforts, the Semiconductor Business Sector works to minimize the use of 3TGs and cobalt in our products and supplychains and employ rigorous due diligence whenever their inclusion is necessary. Our continuous efforts to reduce the size and weightof our semiconductor components also decrease our reliance on these materials. As an active member of the RMI, the SemiconductorBusiness Sector promotes responsible mineral sourcing and adhere to the RMI's risk assessment procedures and tools, which areregarded as industry standards. We also support independent thirdparty audits by the RMI through its Responsible Minerals AssuranceProcess (RMAP), as well as assessment programs recognized by the RMI for their effectiveness. We design our processes to complywith the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals and other relevant laws and regulations.

We do not support nor use conflict minerals.We require all suppliers to comply with regulations on

conflict-free minerals.We conduct due diligence on suppliers whose products

contain conflict minerals and identify the source of those

metals.We monitor and ensure suppliers sign agreements for not

supporting or using conflict minerals.

Promoting Rural RevitalizationPublic Welfare PhilosophyWingtech adheres to the concept of “Realizing Corporate Value while Giving Backto Society” actively driving regional economic development and promoting ruralrevitalization through various forms such as increasing employment in poverty-stricken areas, supporting education, and assisting in sales, contributing to socialharmony and stability. During the Reporting Period, Wingtech invested 3.99 millionyuan in poverty alleviation and rural revitalization, benefiting 433 people.

Key Performance Indicators

Total investment in poverty alleviation andrural revitalization: RMB

3.99

millionThe poverty alleviation and rural revitalizationefforts benefited

people.

During the Reporting Period, Wingtechactively responded to the rural revitaliza-tion policy, collaborating with local fruitfarmers on multiple occasions. This notonly allowed employees to enjoy benefitsbut also addressed the practical issue offruit farmers' unsold produce.

Assistance in Farmers’ Sales

Case

Assistance in Farmers’ Sales

Providing Educational SupportThe development of the enterprise is closely related to the progress of society. We have always been proactive in fulfilling our socialresponsibilities, giving back to the community through charitable donations, blood donations, and other public welfare activities,spreading warmth and care.Community Support

In 2024, facing the severe flood disaster caused by heavy rain in Meizhou, Guangdong, Wingtech quickly responded by donating 6million RMB to the disaster area to support post-disaster reconstruction efforts. Through this donation, Wingtech hopes to contributeto the recovery and development of the disaster area, helping the affected people to resume normal life as soon as possible.

Charity Donation

Case

9394

Responsible Partnership, Joint Cooperation and Construction

In Akeqi County, Xinjiang, we carried out the "Big Hand Holds Little Hand, Little Hands Hold Together" joint school assistance activity,pairing with local communities to provide desk lamps to 10 children, helping them to study better at night.

"Big Hand Holds Little Hand, Little Hands HoldTogether" Joint School Assistance ActivityCase

The "Boai Kunming Wingtech Wisdom Support Project" is an educational support project aimed at specific vulnerable groups,intended to help students from unstable poverty-alleviation households, households on the brink of poverty, and households facingsudden severe difficulties. By providing educational support and resources, the project strives to improve these students' educationalconditions, assist them in completing their studies more effectively, thereby laying a solid foundation for their future development,reflecting a commitment to educational equity and equal opportunities.

"Boai Kunming Wingtech Wisdom SupportProject"

Case

During the Reporting Period, the Semiconductor Business Sector’s Dongguan Factory continued its voluntary activities at the YuxingSchool for Children with Special Needs. Three-hundred employees participated, contributing a total of 1,156 service hours to helpchildren with hearing impairment and mild intellectual disabilities. Every two months, our volunteers assisted children in buildingcrafts and tools, cleaning the school, and engaging in fun activities to help them develop their practical, technical, social, andcognitive skills. As a result, the local government recognized TeamNexperia as an Excellent Volunteer Team and a Caring Enterprise.The Semiconductor Business Sector’s Manchester Factory established a dedicated Charity and Community Committee, which supportslocal charities by coordinating various volunteering opportunities for our employees. In 2024, we dedicated over 200 working hoursto causes our team members are passionate about, including a homeless charity, a children’s charity organization supporting low-income families, and a local center for hearing- and vision-impaired people.In the Semiconductor Business Sector’s Hamburg Factory, our employees proudly donated€6,000 to the local children’s charity"Hands for children," a short-term home for children and young people with disabilities by organizing a collection and recyclingcampaign for electronic and metal waste.

Diverse Volunteer Activities in theSemiconductor Business Sector

Case

To support medical emergency services, we organized a voluntary blood donation activity to help blood banks replenish variousblood types and contribute to saving lives. During the event, a total of 35 employees successfully donated blood, and the Companyprovided a subsidy of 300 RMB to each participant, totalling 10,500 RMB in subsidies.

Voluntary BloodDonation Activity

Case

Voluntary Blood Donation Activity

Donation for Education

Educational Support

Wingtech adheres to the concept of “RealizingCorporate Value while Giving Back to Society”,and has been carrying out the "Boai SupportProgram" for five consecutive years, donatingRMB 200,000 annually to the Kunming Red CrossSociety to assist poor students of Yunnan NationalHigh School in achieving their dreams of pursuingeducation.

Wingtech gathers the power of goodness, not only actively giving back to society but also committed to promoting social harmonyand development. We believe that a company is not just a creator of economic value, but also a bearer of social responsibility. In thefuture, Wingtech will continue to demonstrate its corporate social responsibility and commitment through concrete actions, workingtogether with all sectors of society to create a brighter social landscape.

9596

GRI Standard Index Table

Instructions for the use of GRI: Wingtech has disclosed the contents described in the GRI Content Index for the period from January 1,2024 to December 31, 2024 with reference to the GRI Standards.

GRI StandardsDisclosureChapter Title

The organization and its reporting practices

2-1 Organizational de-tailsAbout This Report2-2 Entities included in the organization’s sus-tainability reportingAbout this Report

2-3 Reporting Period, frequency and contact pointAbout this Report

2-4 Restatements of information/2-5 External assurance/Activities and workers

2-6 Activities, value chain and other busi-ness relationshipsCompany Introduction

2-7 Employees3.1 Talent Attraction and Retention2-8 Workers who are not employees3.1 Talent Attraction and Retention

Governance

2-9 Governance struc-ture and composition1.1 Standardizing Corporate Governance2-10 Nomination and selection of the highest governance body

Please refer to the Compa-ny's Annual

Report

2-11 Chair of the highest governance body

Please refer to the Compa-ny's Annual

Report2-12 Role of the highest governance body in overseeing the man-agement of

impacts

Sustainability Management2-13 Delegation of re-sponsibility for manag-ing impacts/2-14 Role of the highest governance body in sustainability reporting/

2-15 Conflicts of interest

Please refer to the Compa-ny's Annual

Report2-16 Communication of critical concernsSustainability Management2-17 Collective knowledge of the high-est governance body/2-18 Evaluation of the performance of the highest governance body

Please refer to the Compa-ny's Annual

Report2-19 Remuneration policies

3.1 Talent Attraction and Retention

Please refer to the Company's Annual Report

for more details2-20 Process to deter-mine remuneration/2-21 Annual total com-pensation ratio/

Strategy, policies and practices

2-22 Statement on sus-tainable development strategySustainability Management

2-23 Policy commit-mentsSustainability Management2-24 Embedding policy commitments/2-25 Processes to re-mediate negative im-pacts/2-26 Mechanisms for seeking advice and raising concerns/2-27 Compliance with laws and regulations

Strictly comply with relevant laws and

regulations in each country/region

regulations2-28 Membership asso-ciations/

GRI StandardsDisclosureChapter Title

Stakeholder engagement

2-29 Approach to stakeholder engage-mentSustainability Management

2-30 Collective bar-gaining agreements3.1 Talent Attraction and RetentionGRI 3: Material Topics

3-1 Process to deter-mine material topicsSustainability Management3-2 List of material top-icsSustainability Management3-3 Management of material topicsSustainability Management

GRI 201: Economic Per-formance

201-1 Direct economic value generated and distributedCompany Introduction201-2 Financial implica-tions and other risks and opportunities due to climate

change

4.2 Response to Climate Change

201-3 Defined benefit plan obligations and other retirement plans/

201-4 Financial assis-tance received from government/GRI 202: Market Presence

202-1 Ratios of standard entry level wage by gender compared to local

minimum wage

/202-2 Proportion of senior management hired from the local community/GRI 203: Indirect Eco-nomic Impacts

203-1 Infrastructure investments and ser-vices supported5.2. Supporting Rural Revi-talization203-2 Significant indi-rect economic impacts5.2. Supporting Rural Revi-talizationGRI 204: Procurement Practices204-1 Proportion of spending on local sup-pliers/GRI 205: Anti-corruption

205-1 Operations as-sessed for risks related to corruption1.3 Compliance with Busi-ness Ethics205-2 Communication and training about an-ti-corruption policies and

procedures

1.3 Compliance with Busi-ness Ethics

205-3 Confirmed inci-dents of corruption and actions taken1.3 Compliance with Busi-ness EthicsGRI 206: Anti-competitive Behavior

206-1 Legal actions for anti-competitive behavior, anti-trust, and monopoly

practices

/

GRI 207: Tax

207-1 Approach to tax/207-2 Tax governance, control, and risk man-agement/207-3 Stakeholder en-gagement and man-agement of concerns related to tax/

207-4 Coun-try-by-country reporting/GRI 301: Materials

301-1 Materials used by weight or volume/

301-2 Recycled input materials used/301-3 Reclaimed prod-ucts and their packaging materials/

GRI 302: Energy

302-1 Energy consump-tion within the organi-zation4.3 Optimizing Resource Management302-2 Energy consump-tion outside of the or-ganization/

302-3 Energy intensity4.3 Optimizing Resource Management302-4 Reduction of en-ergy consumption4.3 Optimizing Resource Management302-5 Reductions in energy requirements of products and services4.3 Optimizing Resource Management

Wingtech Technology Co., Ltd. 2024Sustainability Report

STANDARD INDEXTABLEABOUT THISREPORT

CHAIRMAN'SMESSAGE

KEY PERFORMANCEIN 2024

COMPANYINTRODUCTION

SUSTAINABILITYMANAGEMENT

GREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

RESPONSIBLEPARTNERSHIPRESPONSIBLEPARTNERSHIP

STANDARD INDEXTABLE

GREENDEVELOPMENTEMPLOYEE CAREUNITY AND HARMONYINNOVATION-DRIVEN

9798

GRI StandardsDisclosureChapter Title

GRI 303: Water and Ef-fluents

303-1 Interactions with water as a shared re-source4.3 Optimizing Resource Management303-2 Management of water discharge related impactsNot involving such water sources

303-3 Water withdrawal4.3 Optimizing Resource Management303-4 Water discharge4.3 Optimizing Resource Management303-5 Water consump-tion4.3 Optimizing Resource Management

GRI 304: Biodiversity

304-1 Operational sites owned, leased, man-aged in, or adjacent to, protectedareas and areas of high biodiver-sity value outside pro-tected areas

Not Applicable304-2 Significant im-pacts of activities, products and services on biodiversityNot Applicable

304-3 Habitats pro-tected or restoredNot Applicable304-4 IUCN Red List species and national conservation list species with habitats

in areas affected by operations

Not Applicable

GRI 305: Emissions

305-1 Direct (Scope 1) GHG emissions4.3 Optimizing Resource Management305-2 Energy indirect (Scope 2) GHG emis-sions4.3 Optimizing Resource Management305-3 Other indirect (Scope 3) GHG emis-sions4.3 Optimizing Resource Management305-4 GHG emissions intensity4.3 Optimizing Resource Management305-5 Reduction of GHG emissions4.3 Optimizing Resource Management305-6 Emissions of ozone-depleting sub-stances (ODS)/305-7 Nitrogen oxides (NOx), sulfur oxides (SOx), and other signif-icant air

emissions

4.4 Compliance Emission Management

GRI 306: Waste

306-1 Waste generation and significant waste-related impacts4.4 Compliance Emission Management

306-2 Management of significant waste-related impacts4.4 Compliance Emission Management

306-3 Waste generated4.4 Compliance Emission Management

306-4 Waste diverted from disposal4.4 Compliance Emission Management306-5 Waste directed to disposal4.4 Compliance Emission ManagementGRI 308: Supplier Envi-ronmental Assessment

308-1 New suppliers that were screened us-ing environmental cri-teria5.1 Standardizing Responsi-ble Purchasing308-2 Negative envi-ronmental impacts in the supply chain and actions taken5.1 Standardizing responsi-ble procurementGRI 401: Employment

401-1 New employee hires and employee turnover/

401-2 Benefits provided to full-time employees that are not provided to

temporary or part-time employees

3.1 Talent Attraction and Retention

401-3 Parental leave/GRI 402: La-bor/Management Rela-tions402-1 Minimum notice periods regarding oper-ational changes

Strictly comply with relevant laws andregulations in each country/region

regulationsGRI 403: Occupational Health and Safety

403-1 Occupational health and safety man-agement system3.4 Health and Safety Protection403-2 Hazard identifi-cation, risk assessment, and incident investiga-tion

403-3 Occupational health servicesNot Applicable403-4 Worker partici-pation, consultation, and communication on occupational

health and safety

/

GRI StandardsDisclosureChapter Title

403-5 Worker training on occupational health and safety3.4 Health and Safety Pro-tection

403-6 Promotion of worker health3.4 Health and Safety Pro-tection403-7 Prevention and mitigation of occupa-tional health and safety impacts

directly linked by business relation-ships

3.4 Health and Safety Pro-tection

403-8 Workers covered by an occupational health and safety man-agement

system

3.4 Health and Safety Pro-tection

403-9 Work-related in-juries3.4 Health and Safety Pro-tection403-10 Work-related ill health3.4 Health and Safety Pro-tectionGRI 404: Training and Education

404-1 Average hours of training per year per employee3.2 Talent Cultivation and Growth404-2 Programs for upgrading employee skills and transition as-sistance

programs

3.2 Talent Cultivation and Growth

404-3 Percentage of employees receiving regular performance and career

development reviews

3.2 Talent Cultivation and Growth

GRI 405: Diversity and Equal Opportunity

405-1 Diversity of gov-ernance bodies and employees3.1 Talent Attraction and Retention405-2 Ratio of basic salary and remunera-tion of women to men/GRI 406: Non-discrimination406-1 Incidents of dis-crimination and correc-tive actions taken3.1 Talent Attraction and RetentionGRI 407: Freedom of As-sociation and Collective

Bargaining

407-1 Operations and suppliers in which the right to freedom of as-sociation

and collective bargaining may be at risk

3.1 Talent Attraction and Retention

GRI 408: Child Labor408-1 Operations and suppliers at significant risk for incidents of child labor3.1 Talent Attraction and RetentionGRI 409: Forced or Com-pulsory Labor

409-1 Operations and suppliers at significant risk for incidents of forced or

compulsory labor

3.1 Talent Attraction and Retention

GRI 410: Security Practices410-1 Security personnel trained in human rights policies or proceduresNot ApplicableGRI 411: Rights of Indig-enous Peoples411-1 Incidents of viola-tions involving rights of indigenous peoplesNot ApplicableGRI 413: Local Communi-ties

413-1 Operations with local community en-gagement, impact as-sessments,

and devel-opment programs

5.2 Promoting Rural Revi-talization

413-2 Operations with significant actual and potential negative im-pacts on

local commu-nities

No such operational sitesGRI 414: Supplier Social Assessment

414-1 New suppliers that were screened using social criteria5.1 Standardizing Responsi-ble Procurement414-2 Negative social impacts in the supply chain and actions taken5.1 Standardizing Responsi-ble ProcurementGRI 415: Public Policy415-1 Political contribu-tionsNot ApplicableGRI 416: Customer Health and Safety

416-1 Assessment of the health and safety im-pacts of product and service

categories

2.3 Improving Quality Control

416-2 Incidents of non-compliance con-cerning the health and safety impacts of

prod-ucts and services

/GRI 417: Marketing and Labeling

417-1 Requirements for product and service in-formation and labeling2.3 Improving Quality Con-trol417-2 Incidents of non-compliance con-cerning product and service information

and labeling

/417-3 Incidents of non-compliance con-cerning marketing communications/GRI 418: Customer Privacy

418-1 Substantiated complaints concerning breaches of customer privacy and

losses of customer data

1.4 Protecting Information Security

GRI Standard Index Table