As a company with a growing international presence, CMOC fully recognizes the importance of sustainable development in its access to resources, markets, and financing. We have established a three-tier ESG management framework to oversee the implementation of ESG strategy and policies, with clear divisions of responsibility for the Board, senior executives, and our individual operating sites.

In line with the sustainable development strategy formulated by the Board, the Group and each operating site have been guided in strengthening its medium- and long-term planning and in incorporating strategic ESG risk considerations in each process link, including those for new project construction and production. The Company has defined uniform ESG standards applicable to the entire group. For the mining sector, we mainly use the Risk Readiness Assessment（RRA）formulated under the Responsible Minerals Initiative（RMI）and The Copper Mark for risk management and self-assessment; for the trade sector, we mainly use the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (“OECD Guidance”) and the OECD Guidelines and the Joint Due Diligence Standard for Copper, Lead, Molybdenum, Nickel and Zinc to standardize our due diligence management system for the mineral supply chain.

At the operational unit level, we benchmark performance against the aforementioned international standards to improve performance continuously. Each mining operation has established quantitative ESG performance indicators that align with its respective circumstances, impelling management to strengthen its focus areas. In line with the Group's ESG strategy, each operating site is progressively conducting gap analysis and third-party audits to benchmark performance against international standards in terms of their metal products’ performance and stakeholder requirements.

Responsible mining for a better world is the original intention and the mission of CMOC’s ESG work. In 2022, we joined the United Nations Global Compact (UNGC), further strengthening our commitment to advancing sustainable development. We adhere to the ten principles of the Global Compact in the areas of human rights, labor standards, the environment, and anti-corruption while uniting stakeholders in addressing the global challenges related to poverty, inequality, climate, environmental degradation, prosperity, and peace and justice. The Company’s sustainable business philosophy, guided by the ten principles, not only impels us to fulfill our fundamental commitment to people and the planet but also facilitates CMOC's long-term success. We will continue to work towards the realization of the United Nations’ 17 Sustainable Development Goals.