At FENC, we firmly believe that sustainability is not just a goal but a necessity. In our product strategy, we prioritize mitigating climate change and developing environmentally friendly and non-toxic products.

在遠東新世紀，我們深信永續發展不僅是目標，更是有其必要性。 在我們的產品策略中，我們優先考慮減緩氣候變遷和研發環保無毒的產品。

Our 3R Strategy is one of our key approaches – Reduce, Replace, Recycle. By developing innovative and renewable technologies, we are expanding our climate change mitigation products. Take, for instance, our recycled ester pellets (環保再生酯粒) made from PET (聚乙烯對苯二甲酸酯) bottles. This breakthrough reduces greenhouse gas emissions by an impressive 63% and finds applications across various industries, including food and non-food packaging, functional clothing, and more. The 3R strategy not only enhances our low-carbon competitiveness but also aligns with our commitment to creating value from waste products.

3R 策略是我們的其中一個關鍵方法——減少、替換、回收。 透過開發創新、再生的技術，我們正在拓展我們的減緩氣候變遷產品。 以我們的環保再生酯粒為例，該顆粒由聚乙烯對聚酯甲酸酯瓶製成。 這項突破使溫室氣體排放量減少了 63%，並在各個行業中得到應用，包括食品和非食品包裝、機能性服裝等。 3R策略不僅增強了我們的低碳競爭力，也符合我們利用廢品創造價值的承諾。

Our commitment to Recycling goes beyond conventional methods. We've developed the FENC®TopGreen®ChemCycle, a revolutionary chemical recycling technology. This efficiently converts pure polyester (聚酯纖維) PET bottles and waste polyester products mixed with other components into recycled terephthalic acid (rPTA) (對苯二甲酸). This breakthrough allows us to produce high-quality polyester products while significantly reducing our dependence on petroleum-based (含石油的) raw materials.

我們對回收的承諾顛覆了傳統方法。 我們開發了 FENC®TopGreen®ChemCycle，這是一項革命性的化學回收技術。 這可以有效地將純聚酯纖維 PET 瓶和與其他成分混合的廢聚酯產品轉化為回收的對苯二甲酸。 這項突破使我們能夠生產高品質的聚酯產品，同時大大減少對含石油的原料的依賴。

FENC TopGreen Bio3-PET is a groundbreaking sustainable material developed in partnership with LanzaTech. The process begins by capturing waste gases from manufacturing plants, such as carbon dioxide (二氧化碳) and carbon monoxide (一氧化碳). These gases are then introduced into a bioreactor containing specific microorganisms. These microbes naturally metabolize the gases, converting them into ethanol (乙醇) through a metabolic pathway known as the LanzaTech process. The produced ethanol is purified and sent for further processing. In subsequent steps, the ethanol is transformed into monoethylene glycol (MEG) (單乙二醇) using conventional methods. Finally, the MEG is co-polymerized to create 100% recyclable PET, which can be used in various applications like packaging, footwear, apparel, and more. This innovative approach not only transforms pollution into a valuable resource but also offers a cost reduction of up to 20% compared to traditional methods.

FENC TopGreen Bio3-PET 是與 LanzaTech 合作開發的永續材料。 該過程首先捕獲製造工廠的廢氣，例如二氧化碳和一氧化碳。 然後將這些氣體引入含有特定微生物的生物反應器中。 這些微生物會自然代謝這些氣體，透過稱為 LanzaTech 製程的代謝途徑將其轉化為乙醇。 產生的乙醇被純化並送去進一步加工。 在後續步驟中，使用常規方法將乙醇轉化為單乙二醇 (MEG)。 最後，MEG 被共聚合成 100% 可回收的 PET，可用於包裝、鞋類、服裝等各種應用。 這種創新方法不僅將污染轉化為寶貴的資源，而且與傳統方法相比，成本降低高達 20%。

As we reflect on these innovations, the sustainability imperative is pushing us to think creatively and embrace innovations that open up new markets globally. FENC TopGreen Bio3-PET is a prime example of what can be achieved when focusing on specific needs, catering to consumer preferences for environmentally friendly products, and reducing costs without compromising quality.

當我們反思這些創新時，永續發展的必要性正在促使我們有創造性的思考，並接納在全球開闢新市場的創新。 FENC TopGreen Bio3-PET是一個典型的例子，說明了專注於特定需求、迎合消費者對環保產品的偏好以及在不影響品質的情況下降低成本所取得的成果。

In conclusion, our priorities at FENC are centered around sustainability, innovation, and tangible actions. We believe that honesty about our efforts builds trust, loyalty, and increased sales. The world's first FENC TopGreen Bio3-PET is a testament to our commitment to sustainability, and we invite all businesses to be part of the sustainable evolution. By inspiring, educating, and taking action, we can collectively make a difference for the future of our planet. Thank you.

總之，遠東新世紀的首要任務是致力於永續發展、創新和實際行動。 我們相信，誠實可以建立信任、忠誠度並增加銷售。 全球首款 FENC TopGreen Bio3-PET 證明了我們對永續發展的承諾，我們邀請所有企業參與永續發展。 透過啟發、教育和採取行動，我們可以共同為地球的未來做出貢獻。 謝謝。

The above are excerpts from these websites:

(bHTY) https://csr.fenc.com/csr_spotlight_detail.aspx?lang=zh&id=24

(Green Products) https://csr.fenc.com/Climate-Mitigation-Series?lang=zh

Final MICE Host Oral Practice: https://drive.google.com/file/d/1gSKe61jHuuEE6YUdhMZPceZxZUp6I7Hk/view?usp=sharing

Deeply Engaged in Public Welfare

Far Eastern New has been cultivating society for more than 50 years and has penetrated every corner of society to improve people's well-being.

遠東新耕耘社會超過50年，深入社會各角落，以提升人民福祉為目標。

Far Eastern New Century actively engages with local communities, offering resources like venue spaces for gatherings and participating in environmental initiatives like beach clean-ups and assisting the disadvantaged. In 2022, their efforts included 4,136 volunteer hours across their bases. Specific activities involved designing environmental courses for schools in Taiwan, donating to families in need, sponsoring children in orphanages, and providing meals during Thanksgiving. Since the 1960s, the company has prioritized sectors like education and healthcare, establishing public welfare projects to benefit society, and aiming to make a positive impact in various societal areas.

遠東新世紀積極與當地社區合作，提供聚會場地等資源，並參與海灘清理和幫助弱勢群體等環保活動。 2022 年，他們的工作包括在基地提供 4,136 小時的志願服務。 具體活動包括為台灣學校設計環保課程、向有需要的家庭捐款、資助孤兒院的兒童以及感恩節期間提供膳食。 自1960年代以來，公司優先發展教育、醫療等領域，開展公益計畫造福社會，力求在社會各領域產生正面影響。

Far Eastern New Century takes the board of directors as the highest level of sustainable governance, and regularly reviews various corporate sustainability issues every quarter.

遠東新世紀以董事會為永續治理最高層級，定期於每季董事會檢討各項企業永續議題。

The ESG issues covered in the 2022 regular meetings attended by the board of directors, audit committee, salary and remuneration committee, and board members are as follows:

遠東新世紀以董事會為永續治理最高層級，各事業總部總經理與單位最高主管定期於每季一次的董事會及定期會報向最高治理階層報告與檢討各項企業永續議題，2022年董事會、審計委員會、薪資報酬委員會及董事成員出席之定期會議中涵蓋之ESG議題如下： 

In July 2021, the board of directors appointed three members to the corporate sustainability committee: two independent directors and one outside director, with an independent director as the convener. They possess expertise in areas like corporate governance, public welfare operations, risk management, and strategic planning. The committee convened its inaugural meeting on October 21, 2021.

To enhance sustainable governance, the committee shifted its meeting frequency from annually to bi-annually in 2022, scheduling sessions for April 21 and October 14. General Manager Zheng Chengyu updated the committee on sustainability progress, initiatives, and projects, including releasing the Far Eastern New Century Sustainability Report and bolstering climate disclosures, human rights management, and sustainable finance. All resolutions received unanimous approval and were later reported to the board on May 10 and November 9 by the convener, Independent Director Lee Jong-hee.

In 2022, an audit of the committee's operations confirmed its adherence to the "Organizational Rules of the Corporate Sustainability Committee," verifying compliance without any identified deficiencies.

第二屆委員於2021年7月29日由董事會委任，由兩位獨立董事與一位外部董事組成，獨立董事擔任召集人。三名委員具備符合該委員會所需之永續專業能力，包括公司治理運作、公益組織經營、員工權益照顧、企業風險管理、企業策略規劃等，並於同年10月21日召開第一次會議。

為強化公司永續治理，2022年企業永續委員會會議召開頻率由年度改為每半年召開一次，分別於4月21日、10月14日召開第二屆第二次會議與第三次會議。由本公司「企業永續推行委員會」召集人行政總部鄭澄宇總經理向三位委員報告本公司永續發展進程以及執行永續專案與績效，包含出版遠東新世紀永續報告書、加強氣候相關財務揭露、強化人權風險管理、發展永續金融商品、精進循環經濟與低碳製程、推動溫室氣體盤查及查證、投入社會參與專案等，所有會議議案均經全體出席委員同意通過，並由企業永續委員會召集人李鍾熙獨立董事分別於5月10日、11月9日董事會向全體出席董事報告。

2022年本公司稽核單位依據《企業永續委員會組織規程》規範，稽核企業永續委員會運作情況，確認本公司有關委員會組成、職權事項、委員會召集會議、議事作業等均符合規範，無發現任何缺失。

Our company has a "Corporate Sustainability Policy," last revised in 2020, aligning with global trends, government regulations, and internal sustainability objectives. Key components include. 

1. Formation of a "Corporate Sustainability Committee" and a "Corporate Sustainability Implementation Committee" to drive sustainability initiatives.

2. Establishing standardized guidelines for disclosing sustainable information externally.

3. Conducting risk assessments on stakeholders and sustainability factors, prioritizing material concerns across economic, environmental, and social domains.

4. The policy and any revisions require approval from the board of directors and subsequent endorsement at shareholders' meetings.

永續管理政策

• 本公司配合國際趨勢、政府規定及公司永續推動方針，訂有《企業永續政策》，2020年修訂第二版，重點如下：
  應設立董事會下「企業永續委員會」及公司內部推動永續之單位「企業永續推行委員會」。

• 規範企業永續對外揭露資訊之範疇。

• 依重大性原則進行利害關係人與永續議題風險評估，以管理經濟、環境及社會之風險與影響。

• 本政策經董事會通過後實施，並提股東會報告，修正時亦同。

Communicate Sustainable Performance:

1. Corporate Sustainability Committee Meeting:

 The meeting, led by the General Manager of the Administrative Headquarters and attended by the Corporate Sustainability Team, reviews the previous year's performance and sets targets for the upcoming year.

2. Annual Sustainable Performance Report:

 Each year, a corporate social responsibility report is published. The Chairman's Office Corporate Sustainability Team analyzes the data, ensures accuracy through internal audits, and then seeks third-party validation for credibility. The finalized report is presented to senior management and the Board of Directors for approval.

3. Regular Business Communication:

 All departments regularly engage stakeholders, sharing updates on sustainability policies and achievements.

溝通永續績效

• 企業永續委員會會議
  由「企業永續推行委員會」總召集人行政總部總經理、企業永續小組成員及其他企業永續委員會委員指定人員於會議上報告上一年度績效及提報隔年度目標計劃。

• 年度永續績效對外溝通
  每年編製並發行企業社會責任報告書。由企業永續推行委員會推行委員與委員提報年度永續績效，董事長辦公室企業永續小組負責資料分析、統整與內部稽核，報告書完成後經由第三方外部機構保證，彰顯其可信度。呈報至高階主管與董事會核可。

• 日常業務對外溝通
  由各單位與利害關係人溝通永續方針與績效。