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Message from the General ManagerMessage from the General Manager

Message from the General ManagerMessage from the General Manager

In 2022, the world was faced with many uncertainties during the recovery after the pandemic, and the industry was facing challenges to the business operations, which accentuated the importance of "sustainable development". We firmly believe that the value of an enterprise lies not only in the pursuit of high EPS but also in the ESG achievements to enhance business resilience and respond to the ever-changing environment. While we continue to enhance our diversified business and services, we are actively integrating our core competitiveness and taking ESG actions. In the era of globalization, we work to align our actions with the international ESG trends, develop green economy and green energy on the basis of our core business, and work with employees to facilitate environmental participation. We actively expand the green finance business. In addition to continuously increasing the amount of loans to the green vehicle and the environmental industries, we signed a three-year ESG syndicated loan agreement of NT$14 billion with 13 banks in 2022. Over the past two years, the amount of ESG-related loans disbursed has reached NT$39.3 billion, setting a record for ESG-related loans in Taiwan's financial market. In addition, in response to the net-zero trend, we have actively taken actions. With our industry advantages and financial expertise, we jointly invested in the establishment of He Jun Energy Co., Ltd. with Hotai Motor and Hoyu Investment Co., Ltd., and the company began operations in May 2022. He Jun Energy puts energy generation first, accelerates energy storage, and develops the charging and the power sale business at the same time, while being committed to the development of a comprehensive green energy business of energy generation, energy storage, and energy charging. By the end of 2022, we have signed contracts with 77 green energy sites with the capacity stated in the contracts exceeding 110MW, creating outstanding achievements. However, promoting environmental sustainability is a long journey. In addition to pursuing long-term and stable returns on investment, we will continue to facilitate energy transition, provide green energy solutions, and do our best to achieve environmental sustainability. Slowing down global warming and ensuring biodiversity is the key to the balanced development of the earth's ecological systems. In 2022, we not only responded to Earth Hour for the third year but even turned off the lights for half an hour during lunch breaks every day. We are also the first company in Taiwan to have adopted Zhanghe Wetland. Meanwhile, we donated 50 pieces of waterproof waders and planned employee volunteer activities so that our employees and the public could go into the pond in person to understand the importance of harmonious coexistence between species and the environment.In 2022, the world was faced with many uncertainties during the recovery after the pandemic, and the industry was facing challenges to the business operations, which accentuated the importance of "sustainable development". We firmly believe that the value of an enterprise lies not only in the pursuit of high EPS but also in the ESG achievements to enhance business resilience and respond to the ever-changing environment. While we continue to enhance our diversified business and services, we are actively integrating our core competitiveness and taking ESG actions. In the era of globalization, we work to align our actions with the international ESG trends, develop green economy and green energy on the basis of our core business, and work with employees to facilitate environmental participation. We actively expand the green finance business. In addition to continuously increasing the amount of loans to the green vehicle and the environmental industries, we signed a three-year ESG syndicated loan agreement of NT$14 billion with 13 banks in 2022. Over the past two years, the amount of ESG-related loans disbursed has reached NT$39.3 billion, setting a record for ESG-related loans in Taiwan's financial market. In addition, in response to the net-zero trend, we have actively taken actions. With our industry advantages and financial expertise, we jointly invested in the establishment of He Jun Energy Co., Ltd. with Hotai Motor and Hoyu Investment Co., Ltd., and the company began operations in May 2022. He Jun Energy puts energy generation first, accelerates energy storage, and develops the charging and the power sale business at the same time, while being committed to the development of a comprehensive green energy business of energy generation, energy storage, and energy charging. By the end of 2022, we have signed contracts with 77 green energy sites with the capacity stated in the contracts exceeding 110MW, creating outstanding achievements. However, promoting environmental sustainability is a long journey. In addition to pursuing long-term and stable returns on investment, we will continue to facilitate energy transition, provide green energy solutions, and do our best to achieve environmental sustainability. Slowing down global warming and ensuring biodiversity is the key to the balanced development of the earth's ecological systems. In 2022, we not only responded to Earth Hour for the third year but even turned off the lights for half an hour during lunch breaks every day. We are also the first company in Taiwan to have adopted Zhanghe Wetland. Meanwhile, we donated 50 pieces of waterproof waders and planned employee volunteer activities so that our employees and the public could go into the pond in person to understand the importance of harmonious coexistence between species and the environment.

Employee participation is the key to promoting sustainable development, and HFC has realized the importance of establishing a sustainable business development culture. As such, "the First HFC ESG Award" was held in 2022. inter-departmental joint efforts inspired each other’s innovative ESG actions to turn ESG ideas into actions. Meanwhile, to enhance social engagement and include it in ESG, we have formulated a volunteer participation program to link volunteer service hours with employee performance evaluation and rewards. In 2022, the total number of volunteers reached 2,118 person-times for as high has 8,706 hours. We also work with external partners in the spirit helping those in need and have worked with Andrew Food Bank for the third consecutive year to increase the purchase of food boxes, benefiting 1,000 households. On the front line of the vehicle installment payment business, we are aware of the importance of scooter riding training, so we jointly launched a promotional video with the Taipei City Motor Vehicles Office to send the message, "Scooter riding should be trained and not count on luck", and we subsidized the cost of enrolling in scooter training classes for the economically disadvantaged to contribute our share to Taiwan's traffic safety. We will continue to provide innovative services, reshape our corporate culture through the "Plan-Do-Check-Act (PDCA)" management model, and work with partners to create a virtuous cycle of goodness. HFC aims to become the most trustworthy partner for customers through ESG endeavors when the society is moving toward a sustainable and common good future. Employee participation is the key to promoting sustainable development, and HFC has realized the importance of establishing a sustainable business development culture. As such, "the First HFC ESG Award" was held in 2022. inter-departmental joint efforts inspired each other’s innovative ESG actions to turn ESG ideas into actions. Meanwhile, to enhance social engagement and include it in ESG, we have formulated a volunteer participation program to link volunteer service hours with employee performance evaluation and rewards. In 2022, the total number of volunteers reached 2,118 person-times for as high has 8,706 hours. We also work with external partners in the spirit helping those in need and have worked with Andrew Food Bank for the third consecutive year to increase the purchase of food boxes, benefiting 1,000 households. On the front line of the vehicle installment payment business, we are aware of the importance of scooter riding training, so we jointly launched a promotional video with the Taipei City Motor Vehicles Office to send the message, "Scooter riding should be trained and not count on luck", and we subsidized the cost of enrolling in scooter training classes for the economically disadvantaged to contribute our share to Taiwan's traffic safety. We will continue to provide innovative services, reshape our corporate culture through the "Plan-Do-Check-Act (PDCA)" management model, and work with partners to create a virtuous cycle of goodness. HFC aims to become the most trustworthy partner for customers through ESG endeavors when the society is moving toward a sustainable and common good future.

General Manager Lin, Yen-Liang
General Manager Lin, Yen-LiangGeneral Manager Lin, Yen-Liang