Annual Report 2024

China Merchants China Direct Investments Limited Annual Report 2024 79 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT (CONTINUED) ESG GOVERNANCE STRUCTURE We have established an ESG governance structure to further implement sustainable values for both the Company and our stakeholders, through consistent management and effective communication of ESG issues and constant improvement on the Company’s ESG policies, action plans, performances, and reporting. Structure below depicts the reporting line of the ESG governance structure and a summary of responsibilities of the governance body. Formulate ESG strategies and targets, develop ESG policies, monitor ESG risks and review the ESG report. Board of Directors ESG Taskforce Execute ESG policies, develop action plans, identify and manage ESG risks and prepare the ESG report. The Board holds ultimate responsibility for overseeing ESG matters, including climate-related matters, of the Company, including ESG-related risks and opportunities, strategies, policies, performance and reporting. It formulates the Company’s ESG vision, objectives and action plans to ensure that they are set in accordance with the Company’s strategic goals and vision, as well as the latest ESG trends and issues that may affect the Company’s operations. In addition, ESG risks are regularly reviewed and closely monitored to ensure that adequate ESG risk management and internal control are in place. This report has been reviewed and approved by the Board.