Engagement Mechanism

Phihong follows the four major principles of the AA1000 Stakeholder Engagement Standard (AA1000 SES): Materiality, Effectiveness, Flexibility, and Respect. Through a variety of channels and mechanisms, the Company listens to, understands, and responds to stakeholders’ perspectives and needs. By maintaining ongoing communication and engagement, Phihong fosters mutual trust and shared value creation. To ensure the effective implementation of material topics, the Phihong Sustainable Development Office regularly reviews the identification of material topics and the formulation of related goals. At least once per year, the status of stakeholder communication, including survey results on the level of attention to sustainability topics, is reported to the Board of Directors. The 2024 stakeholder engagement status has been submitted to the Company’s Board of Directors.