I. Purpose

Onewo Inc.(hereinafter referred to as "Onewo" or "The Company") positively responds to China’s “carbon neutrality” strategy and advocates sustainable development practices across industries and society. This Policy aims to promote effective management of climate-related risks throughout business operations and the value chain, mitigate the impacts of climate change on operations, enhance the Company’s resilience, and contribute to the transition toward a net-zero carbon economy.

II. Scope of Application

This Policy applies to all employees and other service personnel of Onewo, including part-time and outsourced staff, and covers the entire spectrum of business operations. The Company encourages suppliers, partners, and other stakeholders to adhere to this Policy and work together to address the challenges of climate change.

III. Climate Governance Structure

The Company has integrated the oversight and management of climate-related issues into its ESG governance framework. The Board of Directors assumes ultimate responsibility for managing climate-related risks and opportunities. The ESG and Climate Change Response Management Committee evaluates and reviews the potential impacts of climate change on business operations. The Sustainability Center is responsible for implementing climate-related risk identification, assessment, and response, and ensures effective communication through regular reporting to the ESG and Climate Change Response Management Committee.

The highest decision-making level is the Board, whose major responsibilities include:

· Define the Company’s climate change governance structure and management strategy.

· Review discussions on significant climate change-related matters and monitor progress toward climate-related targets.

· Oversee comprehensive risk management at the strategic level to align long-term sustainable growth objectives with current operational needs.

The management level is the ESG and Climate Change Response Management Committee, whose major responsibilities include:

· Manage and guide the Company’s climate change-related matters.

· Provide strategic recommendations to the Board on climate change-related strategies, targets, risks, and opportunities.

· Periodically review responsible investment strategies, climate change-related action plans, and major disclosures.

· Oversee implementation progress of climate change initiatives and achievement of targets.

The implementation level is the ESG Office, whose major responsibilities include:

· Identify and assess climate change-related risks and opportunities.

· Implement climate change strategies and ensure delivery of related targets.

· Develop and maintain mechanisms for climate change risk and opportunity management.

· Translate climate change-related objectives into annual work plans.

IV.Climate Change Response Measures

Mitigating Climate Change Impacts

· Assessment of Climate-Related Risks and Opportunities: Evaluate the implications of climate change for business operations and the value chain, including financial risks and opportunities, with a particular focus on regional climate risks and financial impacts.

· Contingency Planning for Extreme Weather: Develop emergency and continuity plans based on different climate scenarios, including robust procedures, contingency measures, and monitoring systems to safeguard existing properties from the impacts of climate change, such as threats posed to infrastructure by extreme weather, while exploring potential market opportunities arising from climate change.

· Strengthening Asset Resilience: Enhance the climate resilience of assets and communities, improve property design, and mitigate potential climate change-related risks to projects.

Enhancement of Climate Change Resilience

· Capturing Net-Zero Economy Opportunities: Formulate and implement strategies to leverage business opportunities arising from the global net-zero transition, promoting the development of lower-carbon, energy-efficient residential and commercial spaces.

· Integration of Climate Change-Related Risk Management: Embed climate change considerations into the Company’s comprehensive risk management framework, ensuring full alignment with business continuity and disaster recovery planning.

· Adaptive Capacity Building: Strengthen the capacity for climate change adaption of property management teams to address climate challenges through training and resource allocation.

· Stakeholder Engagement and Collaboration: Foster collaboration with stakeholders, including residents, suppliers, and tenants, to raise their awareness and build collective resilience capacity against climate change.

· Regular Disclosure: Disclose climate-related risks and opportunities with reference to Appendix C2 Environmental, Social and Governance Reporting Guide of the Hong Kong Stock Exchange Listing Rules and IFRS S2 Climate-related Disclosures issued by the International Sustainability Standards Board (ISSB). The Company will regularly update stakeholders on its adaptation and mitigation measures and performance.

Reducing Greenhouse Gas Emissions

· Carbon Reduction Targets: Set clear short-, medium-, and long-term targets to reduce greenhouse gas (GHG) emissions from operations.

· Energy Efficiency Improvement: Advance the implementation of green buildings and energy-saving design, enhance operational energy efficiency, and promote smart building management to reduce energy consumption.

· Use of Renewable Energy: Increase renewable energy use within managed properties by deploying solar power, procuring offsite renewable energy, and exploring other feasible options.

· Promoting Low-Carbon Behaviors: Engage employees, suppliers, tenants, and community residents to encourage low-carbon behaviors and reduce emissions from daily business and household activities.

· Low-Carbon Products and Services: Prioritize low-carbon and high-efficiency products and services in procurement, promote the use of environmentally friendly materials and equipment, and support low-carbon transportation.

· Offsetting Residual Emissions: For unavoidable emissions, the Company promotes practices such as leaf composting at managed projects to enhance soil carbon sequestration capacity.

V. Review and Revision

The Company will review and update this Policy as necessary, at least annually, based on changes in national laws and regulations, operational realities, and performance evaluations.