ESG Report 2022

97 Environmental, Social and Governance Report 2022 The United Laboratories International Holdings Limited SHINEWING Sustainability Team SHINEWING Sustainability has studied, standardized and verified corporate environmental performance data since 2016. SHINEWING’s Sustainability team possesses relevant professional technical capability and experience. The relevant personnel received professional training regarding sustainability standards such as GRI Sustainability Reporting Standards issued by Global Reporting Initiative, AA1000AS v3, Appendix 27 of the Stock Exchange of Hong Kong, ISO 14064 and PAS2600. SHINEWING Sustainability Advisory Services Limited In accordance with the AA1000AS v3 principles of Inclusivity, Materiality, Responsiveness and Impact, our conclusions are as follows: The United Laboratories has identified key stakeholders and has understood stakeholders’ needs and concerned issues through various forms of stakeholder engagement. The United Laboratories has demonstrated that their formulation of policies accounted for stakeholders’ expectations and their impacts. Inclusivity: Materiality: Responsiveness: Impact: Specified Performance Information: The United Laboratories has accounted for stakeholders’ needs and concerned issues, and has disclosed identified material issues based on its unique business characteristics, legal and regulatory requirements, economic, environmental and social impacts, etc. The United Laboratories has disclosed the methodology, process and outcome of the assessment on material issues. The United Laboratories has established channels for its stakeholders to understand their concerns and expectations. Meanwhile, through the ESG Report, The United Laboratories has disclosed corporate sustainability strategies, management systems, management key points, key stakeholder participation activities as well as major sustainability development related issues to respond to key stakeholders. The United Laboratories has considered and evaluated its impacts and realised its impacts on stakeholders, so as to make a more effective decision-making and result-based management within the organisation. Based on the procedures that SHINEWING Sustainability has performed and the evidence we have obtained, no specific issue has come to our attention that causes us to believe that the disclosed Specified Performance Information in the ESG Report is not accurate or not been prepared in accordance with the basis of reporting as set out in the ESG Report. All compulsory disclosure has been provided in the ESG Report in accordance with the “Comply or Explain” provision in alignment with Appendix 27 of the Stock Exchange. The ESG Report has described sustainability performance of The United Laboratories in a balanced, precise and timely manner, covering all relevant material aspects and/or themes. Conclusion