Introduction of the Report

RichWave Technology Corp. (hereinafter referred to as RichWave) started publishing FY21 CSR report in 2022 in order to demonstrate the company’s commitments, actions, and accomplishments in CSR-related issues, as well as facilitating good communication and interaction with our stakeholders. The scope of the report’s disclosure includes RichWave’s business locations in Taiwan. During the reporting period, the company’s organizational scale, structure, ownership, and supply chain did not undergo significant changes.

Reporting Time, Scope, and Publication Period

RichWave’s second Sustainability Report discloses data and content for 2022 (January 1 to December 31, 2022). Some of the performance data used is originated from 2021, 2020, and earlier to present relevant trends and fluctuations.

• Publication time of this report: July 2023

• Scheduled publication time of next report: July 2024

Report Preparation Guideline

The disclosure of information in this report is based on the GRI Universal Standards 2021 published by the Global Reporting Initiative (GRI), and a GRI Standards Index Table is attached at the end of the report for readers to compare and search. The report’s relevant statistics and data are derived from RichWave’s in-house surveys and various departments’ daily operations/management. Moreover, local regulations, internationally accepted indicators, industry standards, or industry customs are taken into consideration when performing the calculations.

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If you have any questions or valuable opinions about the report, please do contact us.

RichWave Technology Corp

3F., No. 1, Alley 20, Lane 407, Sec.2, Tiding Blvd., Neihu District, Taipei City 11493

Contact number: (02)8751-1358

Contact person: Wendy Juan

E-mail: wendyjuan@richwave.com.tw

Sustainability Highlights

• Ranked among the top 500 outstanding import and export manufacturers for 2021 by the Bureau of Foreign Trade, MOEA, and awarded the “Certificate of Excellent Import and Export Manufacturer Certification Stamp”.
• A new Product Research and Development Team has been established under the Sustainability Project Management Office to link and manage the company's core products with sustainability performance, and promote sustainable development through integration of our profession.
• In 2022, the board of directors held a total of 7 meetings, with an average attendance rate of 98%; the attendance rate of the Audit Committee and the Compensation Committee reached 100%.
• There were no cases of violating ethical corporate management in 2022, and no accusation cases of unethical corporate management behavior.
• In 2022, a total of 300 people participated in ethical corporate management training, with a training coverage rate of 99%.
• There were no penalties for violating environmental regulations in 2022.
• There were over 500 patents accumulated worldwide in 2022.
• The number of target patent proposals in 2022 was 51, and the cumulative number of proposals was 50, with an achieve rate of 98%.
• In 2022, we invested NT$602,470,000 in R&D, accounting for 18% of the company’s income.
• 100% of our major suppliers have obtained ISO 14001 environmental management system certification, ISO 9001 quality management system certification, and IATF 16949 automotive industry quality management system certification.
• In 2022, the execution rate of ESG related audits reached 100%, and the pass rate reached 100%.
• In 2022, the proportion of local production procurement amount reached 69.9%.
• The quality management system tracked that 100% of the materials in 2022 met the requirements of RoHS, halogen-free, and REACH.
• Customer satisfaction reached 98 points in 2022.
• Continuously and actively optimized the corporate governance system and improving sustainable performance; the score of the 9th (2022) Corporate Governance Evaluation improved by 11% from that in the previous year (2021).

• On June 27, 2022, the ISO 14001 environmental management system and ISO 14064 greenhouse gas inventory were simultaneously imported, and we obtained dual international certifications on December 7, 2022 and November 28, 2022, respectively
• In 2022, Energy Use Intensity (EUI) decreased by 5.8% compared to last year.
• Energy conservation and carbon reduction solutions in 2022 reduced external electricity purchase by 6,857.59 kWh, equivalent to lowering 3.4905 tCO2e GHG emissions.
• The water intensity in 2022 decreased by 2.3% from that in 2021.
• Waste emissions in 2022 decreased by 31.03% from that in 2021.

• In 2022, RichWave organized numerous professional and general knowledge courses across different disciplines, training a total of 1,135 persons and accumulating 1,969 hours of training.
• In 2022, 100% of RichWave’s employees regularly received performancea ppraisals and career development reviews, regardless of their gender or rank within the company.
• We value our employees’ health by hiring medical staff toconductregularon-sitehealthservices3to4times a month.
• Conduct employees’ health examinations, with a usage rate of 87% in 2022.
• There were no occurrence of any occupational disasters in 2022.
• A Wi-Fi science popularization education event was held at the Institute of Electrical Engineering of National Taiwan University with 3 volunteer teachers and a total of 150 students participating.
• Collaborated with schools such as the Institute of Electronics of National Taiwan University and the Institute of Telecommunications Engineering of National Yang Ming Chiao Tung University for industry-academia research, 13 students who respectively own degrees of Doctor, Master, and Research Graduate participated.
• Donated a total of 3 batches of OA desks to government organizations to create a better environment for people with dementia, disability, physical or mental disabilities, and the elderly.
• Christmas Warmth Activity: 10 employees from the volunteer group participated in 4 events, and a total of approximately NT$9,000 was sponsored for fund raising boxes and postcards.
• Sponsored NT$105,000 to participate in the co-adoption and planting of 200 trees by the organizer “Tse-Xin Organic Argiculture Foundation" to promote the concern and attention of the company's employees and the public towards tree planting and the environment, and contribute to the reduction of carbon emissions on the planet.