ESG Report 2025

6 04 Bui lding a Responsibi l ity System Governance as a Cornerstone: 4.1 Board Statement The United Laboratories firmly believes that sound ESG and sustainability governance will benefit the Group's long-term development. ESG reporting has been formally incorporated into the agenda of the Board. Before this ESG report was published, it was reported to and reviewed and approved by the Board, thereby strengthening the Board's understanding of the Group's annual ESG achievements, vision and strategies. To effectively oversee the Group's ESG matters, the Board is responsible for formulating and approving the overall ESG vision, governance approaches and action plans, and for regularly reviewing the Group's ESG performance. Through Board meetings, the Board has been apprised of ESG-related risks and the compliance status of relevant issues, and has supervised the risk assessment process and the corresponding response measures. In order to establish a sound sustainability management system, the Board has set up a Sustainability Committee (the “Committee”) to assist the Board in formulating and updating ESG and sustainable development targets, strategies and management approaches, while also reviewing and monitoring the implementation and outcomes of ESG work and reporting to the Board and providing recommendations. In addition, under the Sustainability Committee, the Group has established a Sustainability Working Group (“SWG”), which is composed of the heads of subsidiaries, business units and functional departments across the Group. The SWG is responsible for coordinating and implementing ESG work, with the aim of fully embedding the ESG management system across all levels of the Group, maintaining close communication with stakeholders, achieving standardised operations and efficient management, and promoting the sustainable development of the enterprise. The SWG oversees, inspects and reports on occupational health, safety and environmental protection, labour protection and quality and safety processes across the Group and its subsidiaries. It also standardises day-to-day ESG work, including the implementation of ESG projects and the organisation of ESG-related training. The SWG regularly analyses and evaluates ESG performance at the Group and subsidiary levels, reviews relevant developments and makes recommendations to the Sustainability Committee. At the implementation level, the Group has established an ESG Working Group (“ESGWG”), which is composed of the heads of functional departments. It is responsible for putting into practice, leading and supervising policies in accordance with the directions set by the SWG, with each unit implementing relevant work in the course of operations. To effectively enhance the Group's ESG performance and progress, all departments work in strict accordance with the targets assigned to them, while the SWG monitors overall implementation and reports to the Board so as to support the Board in reviewing the Group's ESG performance. The Board, through meetings, is informed of the results of stakeholder participation and management strategies, and reviews and revises the Group's sustainability policies and management plans to meet stakeholder expectations and needs. In addition, the Group has engaged an independent professional third party to assist in managing the Group's ESG matters, preparing the ESG report, and collecting and analysing data and information. The third party also assists the Board in gathering and analysing stakeholders' views on ESG matters and in conducting a materiality assessment to identify the Group's material ESG issues. The materiality assessment is based on questionnaire surveys that collect views from stakeholders, including directors, and integrates material ESG issues in the industry to rate and prioritise the level of concern attached to each ESG issue. The Board supervises and endorses the results of the assessment. During the Year, the Group established short-term sustainability targets and convened regular Board meetings, through which the Board supervised the target-setting process and the progress of the relevant targets. Looking ahead, the Board will continue to explore further opportunities to help the Group achieve even greater sustainability performance. The United Laboratories International Holdings Limited 2025 Environmental, Social and Governance Report