✤  GlobalWafers’ Sustainability Vision ✤
GlobalWafers is committed to providing high-quality semiconductor wafer materials to meet customer demands. Guided by the principles of people-oriented, integrity, passion, excellence, and innovation, the Company actively promotes sustainable development by pursuing operational performance while safeguarding the rights and interests of stakeholders. Considering the global sustainability trends and their relevance to our core business, we integrate environmental, social, and governance (ESG) factors into corporate policies, management approaches, and operational planning. Through this approach, the Company aims to achieve responsible growth and collectively create sustainable value for society.

✤  GlobalWafers’ Sustainability Strategy ✤

I. Implementing Corporate Governance
GlobalWafers upholds integrity as its core corporate value, adheres to the rule of law, and places strong emphasis on ethics, establishing an effective corporate governance framework to ensure sound corporate governance. We actively balance the rights and interests of all stakeholders and ensure the completeness of sustainability information disclosure, fulfilling our responsibilities as a corporate citizen. Our efforts are demonstrated in the following areas:
§ Robust Corporate Governance Framework:

The composition of GlobalWafers’ Board of Directors reflects a strong commitment to diversity and professionalism, with one-third of its members being women and half serving as independent directors, thereby providing a solid foundation for the Company’s long-term and stable development. In addition to the Board of Directors, GlobalWafers has established several functional committees, including the Audit Committee, Remuneration Committee, and Nomination Committee, to support the Board of Directors in effectively fulfilling its oversight responsibilities. In addition, the performance evaluation of the entire Board of Directors, individual directors, and functional committees is conducted regularly, and an Audit Office has been established to oversee internal supervision. Through the continuous optimization of internal audit and internal control, we comprehensively implement corporate governance, ensuring the transparency of operations and the efficiency of the organization.

GlobalWafers is deeply committed to corporate governance. As of the end of 2024, the Company has been ranked among the top 5% of TPEx-listed companies in the Corporate Governance Evaluation for six consecutive years, an assessment jointly organized by the Taiwan Stock Exchange and the Taipei Exchange. GlobalWafers is also listed among the top ten constituents of the Taiwan TPEx ESG Index and has been selected for three consecutive years as one of the Taiwan FINI 100 Companies, all clear recognition of the Company’s outstanding corporate governance performance.

§ Comprehensive Sustainability Information Disclosure:
GlobalWafers emphasizes detailed sustainability information disclosure, actively boosting corporate transparency. This allows external parties to clearly understand our efforts and achievements in sustainability. GlobalWafers actively maintains close contact with various stakeholders through diverse communication channels, ensuring effective engagement. We regularly disclose sustainability information through public platforms such as the Company’s official website, Annual Report, Sustainability Report, and media outlets. These disclosures include updates on GlobalWafers’ progress and responses in sustainability management, as well as the status of engagement with various stakeholders, giving all stakeholders a deeper understanding of our sustainability efforts, and share the engagement status with various stakeholders, reflecting our commitment to information transparency and enabling stakeholders to gain a deeper understanding of our sustainability information.

2024 Sustainability Report (Chinese Version)            ｜            2024 Annual Report

II. Fostering a Sustainable Environment
GlobalWafers has made a green commitment in response to the challenges of climate change. GlobalWafers adheres to environmental regulations and international guidelines, and is committed to enhancing energy efficiency, adopting renewable energy, purchasing carbon offset products, supporting carbon removal initiatives, utilizing recycled materials with low environmental impact, implementing circular economy principles, building a green supply chain, and executing waste reduction and pollution prevention measures, thereby achieving our environmental sustainability goals. Our implementation measures include the following:
§ Active Adoption of Renewable Energy:
In 2022, GlobalWafers officially joined the RE100 initiative, committing to sourcing 100% renewable energy across all of its global operational sites. The newly expanded 12-inch production line at the Company’s site in Italy and the new facility in the United States are both expected to operate on 100% renewable energy once mass production begins. Topsil, a Danish subsidiary of GlobalWafers, took a further step by constructing its own solar power plant, and has become the world’s first semiconductor crystal-growing factory to operate entirely on 100% self-generated green electricity in 2025. Topsil also became the first GlobalWafers site to fully realize the Company’s RE100 commitment. Topsil’s progress in green manufacturing was further recognized with the Green Gazelle Award from Danish business newspaper Børsen, in recognition of its stable operational growth performance and outstanding contributions to driving green transformation and developing advanced semiconductor materials.

§ Green Manufacturing and Greenhouse Gas Management:

GlobalWafers is committed to promoting green manufacturing by integrating sustainability principles into the core of its business operations. The Company continuously develops green technologies and energy-saving projects and actively implements the ISO 50001 Energy Management System across its global production sites. Under this system, major energyconsuming equipment is monitored and measured; improvement action plans are established, and the performance of these measures is regularly tracked to ensure ongoing enhancement, energy conservation, and carbon reduction.

In addition, all production sites undergo annual organizational-level greenhouse gas emissions verification in accordance with ISO 14064-1, ensuring transparent management and accurate accounting of emissions while strengthening the effectiveness of the Company’s carbon reduction strategies. We continue to focus on environmental policies and management, energy and resource conservation, pollution prevention and reduction, and environmental engagement. For four consecutive years, we’ve received Taiwan’s highest honor for corporate environmental protection, the National Enterprise Environmental Protection Award, presented by the Executive Yuan. This award is the ultimate recognition of our relentless efforts in environmental sustainability.

III. Building a Friendly Workplace

Employees are GlobalWafers’ most valued partners. Upholding a people-centric philosophy, the Company adheres to international human rights conventions and related laws and regulations, striving to create a diverse, equitable, safe, and decent working environment for all employees. We place great emphasis on talent development, offering effective training programs to support employees’ career growth and establishing open communication channels for our employees.

With the Group’s manufacturing sites spanning Europe, the Americas, and Asia, our deep global perspective allows us to implement values of Diversity, Equity, and Inclusion, respect differences, promote equality and drive innovation. We value the unique backgrounds and experiences of every employee and regard them as an important driving force behind the Company’s growth.

GlobalWafers continues to advance its anti-discrimination and diversity and inclusion policies. Through the implementation of the Employee Caring Program (ECP), the Company offers psychological counseling, health monitoring, and educational awareness initiatives to foster a safe and supportive work environment, ensuring comprehensive protection of employee health and well-being. Examples of GlobalWafers’ Employee Care Program include the following:

§ Employee Satisfaction Survey:
Employees are GlobalWafers’ most important partners, and we consistently place their needs and well-being as our top priority. To gain deeper insight into employee opinions and needs, and to continuously improve our workplace and policies, we regularly conduct employee satisfaction surveys to understand employees’ sentiments and suggestions across various aspects. These survey results help us refine policies, enhance employee satisfaction, and strengthen internal cohesion.
§ Creating an Inclusive Workplace, Earning Widespread Recognition:
GlobalWafers is committed to building an inclusive and supportive work environment by focusing on the needs of diverse groups and implementing diversity-friendly measures that enable every employee to pursue their development with peace of mind and realize their full potential. Through concrete actions, we support both female and middle-aged and senior employees, fostering a more flexible and caring workplace that has also earned multiple recognitions and awards.

Supportive Measures for Female Employees:

• We offer female health protection measures to support the physical and mental well-being of female employees. 

• We promote family-friendly childcare policies and flexible working hours to help employees balance work and family responsibilities.

• We received the “2024 Excellence Award for Promoting Workplace Equality” from the Hsinchu Science Park Bureau for two consecutive years and was honored with the “Happy TPEx-listed Enterprise Award” issued by the Taipei Exchange.

Supportive Measures for Middle-aged and Senior Employees:

• We promote job redesign measures that integrate ergonomic principles and smart technologies, such as adjusting workstation heights and optimizing work processes to enhance comfort and safety.

• We have adopted Automated Guided Vehicles (AGVs), automated warehousing systems, and AI-based image recognition technologies to reduce physical and mental workload while improving production efficiency and accuracy.

• We promote the “I-Care Proposal Improvement Mechanism” to encourage middle-aged and senior employees to participate in job design, enhancing their sense of belonging and satisfaction.

• In recognition of our outstanding performance in job redesign, GlobalWafers received the Ministry of Labor’s “2024 Outstanding Employment Award for the Strong Workforce.”

IV. Contributing to Social Well-being

GlobalWafers actively participates in community engagement, caring for disadvantaged rural areas, and encouraging both Group enterprises and employees to take part in concrete actions related to social care and environmental protection. By leveraging our professional expertise and influence, we align with the United Nations Sustainable Development Goals (SDGs) and pursue a vision of shared social well-being.

We believe that the value of a corporation lies not only in its operational achievements but also in the positive impact it creates for society. GlobalWafers promotes diverse social welfare programs across its global operating sites. From education support, environmental protection to community care, and actively improves the local quality of life. We continue to combine corporate resources with employee strength to implement sustainable actions, creating a more farreaching impact on society. The following are some examples of our social welfare initiatives:

§ Pioneer Seedling Program – Charity Science Camp:
Sino-American Silicon Products Group (Sino-American Silicon Products Inc. and GlobalWafers Co., Ltd.) focuses on integrating technological innovation and social responsibility. We value the cultivation of scientific talent and renewable energy education, and are committed to promoting science and energy education from the ground up. Building on this foundation, Sino-American Silicon Products and GlobalWafers partnered with IC Broadcasting, Hsuan Chuang University, and other organizations to jointly host the “Pioneer Seedling Program” summer science camp, providing innovative science education experiences to students in rural communities The program incorporated AI-generated comics, AR/VR technologies, and green energy education, allowing the children to discover the infinite possibilities of technology and environmental protection through learning. Through the “Solar Energy Classroom” course, employees of the Group served as professional lecturers, offering in-depth introductions to green energy applications. They guided campers in understanding green energy and solar applications, hoping that students would also become little seeds spreading the concepts of “energy conservation, carbon reduction, and loving the Earth,” thereby expanding their influence and jointly practicing sustainability in daily life.
§ Supporting the Arts in Rural Communities:
In line with its commitment to corporate social responsibility and cultural promotion, GlobalWafers has partnered with the Alliance Cultural Foundation and the Paul Chiang Arts and Cultural Foundation and allocated resources to drive grassroots art initiatives in rural areas, fostering the development of arts and culture in Hualien and Taitung. In 2023 and 2024, GlobalWafers committed NT$5 million each year, totaling NT$10 million in sponsorship funding, to support the Paul Chiang Arts Promotion Program and the planning and development of the “Paul Chiang Art Center.” To further integrate art into its corporate environment, GlobalWafers also established regular art exhibitions in factory office spaces, allowing employees and visitors to engage with art in their daily work and interactions and experience the power of aesthetics.
§ Group-wide Philanthropic Engagement:
Guided by its mission of “Caring for Society and Fostering Sustainable Development,” GlobalWafers actively carries out philanthropic initiatives across all its global sites. Examples include the Taiwan site launching a fundraising campaign to support reconstruction efforts in areas affected by the Hualien earthquake; the U.S. site organizing Christmas gift drives for underprivileged families; and the Japan site’s long-term commitment to environmental cleanup efforts and public science education through local exhibitions of silicon wafers and related materials. In Italy, the site donated to the Red Cross in support of global humanitarian relief efforts and also organized a fundraising campaign for the Italian Women’s Anti-Violence Association. Meanwhile, the Korea site partnered with a local child welfare organization to hold a kimchi-making charity event. Through these efforts, GlobalWafers is committed to spreading love and responsibility to every corner of the world, aspiring to be a positive force in shaping a sustainable environment and demonstrating our mission of co-creating a better society.

✤ Looking Ahead ✤
With 18 production and operational sites across 9 countries, GlobalWafers’ highly localized presence allows us to be regarded as a domestic supplier by customers across three continents. This proximity-based supply model significantly reduces product carbon mileage, lowering CO2 emissions from transportation, and further enhances our competitive edge in sustainability and operations. GlobalWafers is committed to “Responsible Growth” by integrating the concept of sustainability into its business objectives. By leveraging the strengths in environmental stewardship and global-local presence, GlobalWafers aims to be a long-term partner to our customers. We remain committed to sustained efforts along the path of sustainability, by continuing to engage with stakeholders, listening to the needs and expectations of all parties, and integrating them into our sustainability strategies. Through the continuous refinement of various measures, we strive to minimize the environmental impact of our business model and products, while driving positive change for society.