2021 Introduction

Contents About the Report 5

A Message from the Chairman 6
Echoing the International Declaration - Embracing the Next Green Wave 8
Sustainability Strategies and Achievements 9
Column - Pandemic Response and Risk Management 11

1 Marine Business
1-1 About Evergreen Marine Corp. 15
2 Sustainability Governance
2-1 Governance Structure 42

1-2 Advocacy and Public Engagement 18 2-2 Ethical Management 50

1-3 Operating Strategies and Performance 20 2-3 Risk Control 51

1-4 Development of the Joint Operation Model 21 2-4 Compliance 62

1-5 Supply Chain Management 25 2-5 Information Security 65

1-6 Shipment Management 34

1-7 Customer Relationship 37
3 Green Shipping
3-1 Carbon Reduction with Technology - Digitalized Shipping 70
4 Common Prosperity
4-1 Happy Workplace 104
3-2 Green Ships 73 4-2 Safety Culture 119
3-3 Energy and Greenhouse Gas Management 76 4-3 Talent Development 124
3-4 Emissions Management 87 4-4 Industry-Academia Collaboration 129
3-5 Water Resource Management 90 4-5 Social Engagement 132
3-6 Waste Management 94
3-7 Maintenance of Marine Environment and Ecosystem Diversity 101

5 Stakeholders and Issues Management

5-1 Communication with stakeholders 140
5-2 Material Issues Management 145

Appendix

GRI Content Index 154

SASB Disclosure Index 159
 Introduction

4

About the Report
Editing, issuance and scope
Evergreen Marine Corp. (hereinafter referred to as Evergreen Marine) has
issued the Corporate Social Responsibility (CSR) Report since 2013. From
this year onwards, the report is renamed Sustainability Report in alignment
with the regulatory requirement and global trends. The Sustainability
Report covers the actions and achievements of Evergreen Marine with
regard to its economic, social, and environmental aspects from January
1, 2021 to December 31, 2021. All the local or important operating bases
disclosed or referred to in the Sustainability Report indicate those of
Evergreen Marine in the Taiwan area.
To completely disclose relevant performance information, the information
of the fleet regarding the environment also involves our subsidiaries
in Britain and Singapore. The information about the expatriates and
educational training covers the individuals of its Taiwan shipping agent
Evergreen International Corporation.
Last issue: July 2021
Current issue: July 2022
Next issue: Scheduled in July 2023
Editorial policy
Evergreen Marine is continuing to monitor all sustainability-related
issues. Open channels of communication are maintained with each
2021 Corporate Social Responsibility Report
stakeholder to incorporate their concerns in the corporate governance,
economic, social and environmental aspects into our business strategy
and operations. The publication of this report is also used to examine
our practices in sustainable development. The editorial structure of this
report adheres to the “Core” options of the Global Reporting Initiative
Standards (GRI Standards) and the Marine Transportation Standards 2018
set out by the Sustainability Accounting Standards Board (SASB) to ensure
a full disclosure of sustainability accomplishments made by Evergreen
Marine and the outcomes of stakeholder communications.
External assurance
We commissioned Deloitte Taiwan to conduct a limited audit of
this Report in accordance with the ROC Statements of Assurance
Engagements Standards No 1. “Assurance Engagements other than
Audits or Reviews of Historical Financial Information.” The letter of
assurance is included in the report annex.
Contact information
If you have any questions about the Sustainability Report, please contact us:
Evergreen Marine Corporation Corporate Sustainability Committee
Address: No. 163, Sec. 1, Xinnan Rd., Luzhu Dist., Taoyuan City
Email: csr@evergreen-marine.com
5
 Introduction

A Message from the Chairman

As COVID-19 continues to impact the world in 2021, its highly contagious variants have caused the number of infected
populations to rise. Even though the vaccination has been strongly encouraged and the fatality rate decreased
effectively, the economy in each country has been greatly affected, causing tremendous uncertainty to the global
community. The social disruption brought by quarantine control has changed people's life.

The pandemic has also brought unprecedented challenges to the industries and supply chains. To shipping
companies, this is not only a battle against the virus, but also a time to contemplate the relationship between human
beings and nature. We thoroughly adopt the pandemic prevention measures, overcoming the problems including
manpower shortage, container shortage, port congestion, disrupted shipping schedule, and maritime logistics. We
efficiently deliver living goods and pandemic prevention resources to corners of the world. On the other hand, we
carefully inspect the impacts of company operation on the environment, and rethink if more protections and supports
can be provided.

Given the major risks of climate change and the global economy, the 26th United Nations Climate Change
Conference of the Parties (Conference of the Parties, COP26) was held in Glasgow, Scotland in November 2021
despite the severe global epidemic. As the world has entered the last critical decade, if there are no proactive and
concrete actions, global warming will give rise to enormous natural disasters and extinction of wildlife on the Earth. As
a result, global environmental protection action is a top priority. Through COP26, the global community gathered to
discuss the extreme climate crisis and work together for climate change actions.

Environmental carbon emissions is a daunting task for human beings all over the world, and the shipping industry has
also set many emission reduction regulations and strategies for this purpose. In order to realize the vision of net-zero
carbon emission, green sustainability and long-term co-prosperity of the earth, the Company has set specific carbon
reduction goals. By 2030, the fleet carbon emission rate will be reduced by 50% compared with 2008, which is 10%
higher than the standard set by the International Maritime Organization (IMO); it will be further reduced by 70% in 2050
and carbon neutrality will be achieved by 2050.

Over the past 50 years, the Company has been committed to practicing environmental protection (Environment),
expanding social care (Society), and improving corporate governance (Governance), and these philosophies
are reflected in all aspects of the Company's operations. Whether it is its ships participating in government and
environmental research units with specific actions and completing the world's first Pacific Greenhouse Gases
Measurement Project (PGGM), or other actions such as slowing down vessel sailing speed to protect cetaceans,
participating in the Arctic navigation ban initiative, encouraging employees to participate in community
environmental protection, coastal beach cleaning, land greening by planting trees, using water-based paint and

6
 2021 Corporate Social Responsibility Report

bamboo floors to build environmentally friendly containers, etc., we continue to put our environmental philosophy into
practice in the nature, community and work environment where we live.

It is because of the corporate green culture embedded in our DNA that Evergreen Marine has won five awards in seven
corporate governance evaluations conducted by the Securities and Futures Institute under the Financial Supervisory
Commission of the Executive Yuan.

In terms of shipping digitalization, we participated in the Digital Container Shipping Association (DCSA), and cooperated
with international container shipping companies to promote the digitization and standardization of information in the
container shipping industry, making the information interaction between related industries more efficient, saving energy
and reducing carbon emissions. Meanwhile, we have also built a global operation platform, so that customers can use
the high-speed internet to carry out a series of paperless operations on the relevant network platforms, improving the
operation efficiency of the entire industrial chain and supply chain and working towards the establishment of a zero-
carbon shipping ecosystem.

For fleet expansion, we apply the latest environmental technology to build vessels enabling the best fuel efficiency in line
with the International Maritime New Ship Energy Efficiency Design Index (EEDI), and all ships in operation also comply with
the IMO Energy Efficiency Existing Ship Index (EEXI) regulations. At present, 80% of the ships in active service are less than 10
years old. Regarding clean energy development, ship manufacturers play a crucial role. Thus we closely work with major
ship manufacturers to develop new-gen fleets that are powered by clean energy.

In terms of carbon inventory and carbon footprint platform, we comply with relevant regulations and cooperated with
professional accounting firms as well as BSI to form GHG Inventory Promotion Group. The GHG inventory is carried out in
different phases. In 2022, we obtained ISO 14064-1:2018 and GHG Protocol certificates. By following the plan, we will finish
the GHG inventory and disclosure earlier than regulated, fulfilling our commitment to green shipping with inventory and
yearly carbon reduction actions.

In such an era full of uncertainty, fear and anxiety, the safety of people, cargo and ships is the ultimate goal of all our
employees and our operations also take these three safety principles as the first priority. With the support of our customers,
employees, shareholders and suppliers, we have gone through the recurring pandemic, supply chain chaos and slow
economic recovery in 2021 and, moving forward, we hope that everyone will stay true to their original aspirations and
achieve success.

Chairman

7
 Introduction About the CSR Report

Echoing the International Declaration - Embracing the Next Green Wave

Sustainable action Quantitative Medium- and
performance result long-term goals

In 2021, 689 suppliers signed the For new suppliers, CSR

Supply chain Supplier Sustainability Corporate clauses are required to
management Social Responsibility Commitment be incorporated into the
and the survey was conducted contracts

Implementation measures
1.Require suppliers to follow the Supplier Code of Conduct
2.Continue to increase the proportion of suppliers who have signed the Supplier Sustainability Corporate Social
Responsibility Commitment
3.Conduct supplier evaluation and internal audit annually, promote the self-assessment questionnaire of sustainable
supply chain and incorporate CSR clauses in contracts

Reduce Container repairs decreased Continue to reduce

greenhouse gas
by 1% year on year, and unnecessary container
container washing decreased
emissions by 3% year on year
repairs and washing

Implementation measures
1. Implement the ship energy efficiency management plan
2. Construct new eco-friendly ships to reduce greenhouse gas emission rate
3. Optimize the empty container reposition, reduce and/or eliminate unnecessary empty container movements and
handling.
4. Give priority to ships and the railway as the major means of transportation for empty containers and reduce truck
haulage
5. Continue to sell/off lease old containers in avoiding repair and washing.

Use SOx Completed modification of

The installation of the SOx scrubber
scrubbers to
desulfurization devices for 73% of the
for all L-type ships is expected to
L-type ships and completed installation
desulfurize oil of the SOx scrubber for all S-type ships
complete by the end of 2022

Implementation measures
Use SOx scrubbers to reduce sulfur oxide emissions

8

Sustainability Strategies and Achievements
Evergreen Marine's sustainability strategies
Short-, medium- and long-term ESG goals
Environment
Short-term goals
1. Plan 62 ships to be docked for maintenance in 2022
2. Complete modification of desulfurization devices for
8 ships in 2022
3. Complete ISO 14064 greenhouse gas inventory and
verification
Medium-term goals
1. Continue to optimize the empty container reposition
pattern to avoid unnecessary transshipment, so as to
save on transportation costs and associated carbon
emissions
2. Continue to increase the proportion of direct delivery
and return of empty containers
3. Plan the installation of BWMS for ships based on the
status of ship operations to comply with the relevant
international sea shipping regulations
Long-term goals
1. Adopt big data to analyze and optimize the empty
container dispatch operation, use low-carbon
transportation and increase the proportion of empty
container direct replenishment to reduce carbon
emissions
2. Continue to increase the proportion of lease off hire for
old containers
3. Plan the fleets to be docked for repair every five
years, select repairers based on the condition that
the supplier agrees to commit to ESG sustainability
initiatives, ensure mechanical availability and maintain
the optimal seaworthiness
Society
Short-term goals
1. Plan to apply for and extend the certification of safe
place for Nankan Evergreen Marine Building
2. Continue to partner with seafarer academies to set
up the post-graduate diverse talent training program
and provide scholarships and internship opportunities
to cultivate more maritime talents for Taiwan
Medium-term goals
1. Implement ethical management, protect human
rights, no major violations of laws and regulations
(fines over NT$1 million), enhance risk control and
identify harmful actions, and maintain a working
environment with zero infringement cases and zero
occupational accidents
2. Maintain the starting salary of new hires in the top
25% of the domestic shipping industry and keep
employee turnover rate below 8%
Long-term goals
1. Roll out more diverse employee assistance programs
to help all colleagues achieve work-life balance
2. Continue to conduct ethical management and
human rights risk assessment, plan relevant statutory
and legal compliance courses on a regular basis, and
strengthen employees' ability to implement them in
their daily operations through education and training
2021 Corporate Social Responsibility Report
Governance
Short-term goals
1. Collect at least 1,000 valid questionnaires for the
customer satisfaction survey and continue to
promote I-B/L to boost the usage rate
2. Continue to produce the competition law checking
list, and raise employees' awareness of compliance
through education, training, and regulatory notices
to avoid violations.
Medium-term goals
1 Enhance existing embargo screening system
and establish assessment and decision-making
procedures for dynamic compliance risks arising
from cargo on voyages
2 Keep abreast of the latest development of various
sectors and regulations and conduct necessary
business control and adjustment. Monitor and audit
the email self-inspection of each business-related
unit
Long-term goals
1. Continue to adopt CSR terms for supplier selection
- including evaluation of various CSR topics such
as code of conduct of ethical management, anti-
bribery, and anti-corruption, embargo compliance
and risk assessment, environmental protection, labor
rights, etc. for the purpose of optimizing the supplier
audit system
2. Continue to strengthen the walking-around
management of supervisors and enhance
independent management operations. Improve
various goal management plans and enhance overall
management performance
9
 Introduction About the CSR Report

ESG Performance in 2021

Environment Society Governance

1. E v e r g r e e n M a r i n e c o m p l e t e d 6 1 % o f t h e f l e e t
desulfurization modification work by the end of 2021
2. Responding to the government's promotion of green
energy policy, the Company issued a green bond.
The funds are used to support the relevant capital
expenditures for the purchase and installation of
protection equipment for eco-friendly marine fuel. By
installing such equipment, we reduced the SOx emissions
during ship navigation, thereby reducing air pollution
and alleviating the impact on the environment
3. It is planned to complete the installation project of
marine fuel oil environmental protection equipment
before the end of October 2022. After all the equipment
is upgraded, the annual emission reduction of SOx is
expected to be about 17,927 tons. As of the end of 2021,
the cumulative progress of the project was 77.22%
Evergreen Marine upholds the spirit of
"taking from society and giving back to
society", and the Company has been
actively participating in various public
welfare activities, continuing to sponsor
art and culture activities, contributing to
social welfare and paying attention to
environmental protection and sustainability
issues. We take practical actions to bring
positive impact on the enterprise, society
and the environment, and move towards
the goal of sustainability and co-prosperity.
1. Although the Company currently only has the Audit
Committee and Remuneration Committee without
establishing other functional committees voluntarily, the
Board of Directors exercises its powers in accordance
with laws and regulations, the Company's Articles of
Incorporation, the resolutions of the shareholders' meeting
and the spirit of corporate governance
2. 88 foreign trucking suppliers have signed the "Evergreen
Marine Supplier Sustainability Corporate Social
Responsibility Commitment", and 6 North American railway
service providers have disclosed CSR information on their
official websites
3. The Company has urged ship repair yards of maintenance
suppliers and spare parts suppliers to sign the Sustainable
Corporate Responsibility Commitment

Achievements

•Inbound Logistics - 75 Green Supply Chain Partners 2021 •MOTC Maritime Port Bureau - 2021 Ranked 1st in
•MSCI ESG - 2021 MSCI ESG rating A the Number of Nationality Crew Employed by
Foreign Flag Operators
•AFLAS - 2021 Best Shipping Line Asia-Africa
•MOTC Maritime Port Bureau - 2021 Ranked 2nd in
•14th Taiwan Corporate Sustainability Awards - Corporate Sustainability Report
the Number of Female Crew Members Employed
Award - Bronze Award
by National and Foreign Flag Operators
•MOTC 2021 Excellent Shipping Carriers Lists - Won nine awards, ranking top one in the
•TIPC - 2021 Container Terminal Operator Gold
Number of Domestic Maritime College Students Accepted for Internships and the
Medal
Number of Total Days, Excellent Performance in Green Shipping, Excellent Performance
in Environmental Protection Equipment for Expanding the Fleet, Excellent Performance •U.S. Coast Guard - 2020 AMVER Certificate of
of Maritime Training Equipment and Maritime Training Teachers, etc. Merit

10

Column
Pandemic Response and Risk Management
Countermeasures for port congestion
The raging pandemic in 2021 has led to a shortage of manpower
in the global market, sudden epidemic blockades, etc., resulting in
delays in ship berthing at ports and congested terminals, which in
turn affected the direct return of empty containers, and the number
of containers at the port increased. To address the issue, Evergreen
Marine adjusted routes with the "empty shift system" in a timely
manner; in the face of the issue that customers were unable to
return empty containers directly to the terminal or unable to pick up
empty containers, Evergreen Marine continued to open the inland
yard for return or withdrawal, to avoid the occurrence of additional
delay charges or delays.
The epidemic has also led to a shortage of trucking personnel,
resulting in low efficiency in collection and distribution at ports
in terms of quantity and speed. Inland empty containers were
affected by the delay of terminal operations, resulting in a high
amount of empty containers accumulated in inland storage sites
in various places and increased storage costs. In response to this
situation, Evergreen Marine's medium and long-term strategy is to
continue to coordinate with terminals to improve efficiency. The
Company also regularly holds meetings with each regional control
center to adjust the scheduling plan; all offices around the world
2021 Corporate Social Responsibility Report
report the operation status on a regular/irregular basis, and make rolling
adjustments.
The COVID-19 outbreak has resulted in increased quarantine days for ship
supervisors and extended delivery times for spare parts. Evergreen Marine
responds as follows:
1. Adjust the dispatch of personnel, set up a dock repair team, and
thus reduce the quarantine time of the supervisors.
2. Rolling adjustment of spare parts delivery plan.
COVID-19 Epidemic Prevention Measures
Anti-epidemic measures for domestic office buildings and
onshore employees
Responding to domestic epidemic changes, we not only promoted
epidemic prevention education (such as disinfection, masks and hand
washing) to the colleagues, but also disinfected our office environment
on a daily basis and sterilize on a weekly basis. Corporate transportation
vehicles were down-loaded, temperature measurement has to be done,
and registered rides were conducted for taking corporate transportation.
For manufacturers and customers who entered the company's building for
equipment maintenance or emergency repair, in addition to applying to
the "Visitor Reservation System" in advance before entering the building,
11
 Introduction About the CSR Report

they must also present the "Quick Screening Result Record Form" or "PCR
Negative" certificate or document at the security room on the first floor.
After confirming that it is correct, then enter the building according to
relevant procedures.

In terms of employee attendance, Evergreen Marine has implemented

steps such as off-site backup work and group work from home to reduce
the possible impact of employee infection on company operations.
In addition, Evergreen Marine provided free rapid screening reagents
for employees to use, and provides staggered time attendance and
epidemic prevention leave for employees in need to ensure that
employees can balance family, work and life during the epidemic For the dock repairers who need to go to the shipyard for isolation
prevention period. in advance, the company provided sufficient epidemic prevention
materials and full-paid epidemic prevention leave to protect the rights
and interests of employees and their lives. The supply department
Anti-epidemic measures for the fleet and ship crew members continued to increase the delivery of anti-epidemic materials to the
In response to the COVID-19 epidemic, crew members (regardless of
ship, such as: anti-epidemic baffles at the entrance of the ladder, UV
nationality) must cooperate with self-management regulations and
ultraviolet germicidal lamps, to protect the crew from contracting the
implement several rapid screening/PCR tests before boarding the ship.
virus.

In addition to divide and eat meals in batches for the crews, Evergreen
With the continuous improvement of global vaccine coverage, COVID-19
Marine also provided complete anti-epidemic materials and rapid
has gradually entered into the post-epidemic era. In response to inquiries
screening reagents to facilitate the crew to take relevant anti-
from domestic and foreign media about the impact of the epidemic
epidemic prevention and ensure the health of the crew. At the same
on Evergreen Marine, except for providing corresponding answers,
time, it provides a list of ports around the world where vaccines can
the company also take the initiative to share the specific epidemic
be administered. Application for vaccination and status of the crew's
prevention behavior of the Company. Any false reports have been
vaccination was listed and checked on a weekly basis.
clarified immediately to maintain the good image of Evergreen Marine.

12
2021 Corporate Social Responsibility Report

13
 Chapter 01 Marine Business

1 Marine Business
1-1 About Evergreen Marine Corp.

1-2 Advocacy and Public Engagement

1-3 Operating Strategies and Performance

1-4 Development of the Joint Operation Model

1-5 Supply Chain Management

1-6 Shipment Management

1-7 Customer Relationship

14
 2021 Corporate Social Responsibility Report

1-1 About Evergreen Marine Corp.

1-1-1 Evergreen Origin
Evergreen Marine Co., Ltd. was founded in 1968 by Mr. Yung-Fa Chang, the founder of Evergreen Group. At the beginning, it only operated as a 15-year-
old general cargo ship, but with the business philosophy of "creating profits, caring for employees, and giving back to society", it has achieved great
successes in marine shipping industry. Nowadays, Evergreen Marine has developed a service network covering five continents around the world,
operating more than 200 full-container vessels, and ranks in the world's leading position in terms of fleet size and container carrying capacity.

Complying to the business philosophy of "creating profits, caring for employees, and giving back to the society", Evergreen Marine emphasized on great
importance to talent training and development, and the company worked hard with all employees. In order to meet customer space requirements
and provide cargo owners with reliable transportation services, through alliances, shipping line joint operations, space exchange, cloud services and
e-commerce platforms, Evergreen Marine were able to enhance the overall operational competitiveness and promote the development of global trade.

In the development process of sustainable operation of the Company, with the self-prospect of "Guardian of the Green Earth", Evergreen Marine actively
responded to international environmental protection regulations and trends and reduced greenhouse gas emissions, including the development of
new environmentally friendly ships, participation in a number of environmental protection programs and international initiatives, etc. , through the short-,
medium- and long-term management policies, to implement the commitment to corporate sustainability.

For more information about Evergreen Marine, please refer to our official website.

15
 Chapter 01 Marine Business

1-1-2 Organization Scale

CUSTOMER RELATIONSHIP
Evergreen Marine organization chart MANAGEMENT DIV.
PUBLIC RELATIONS DEPT.

COMPUTER DIV.
SHAREHOLDERS' SUPERVISCRY DEPT.
MEETING
SHIP DIV.

BOARD OF AUDIT COMMITTEE HUMAN RESOURCES DEPT.

DIRECTORS OPERATION DEPT.
CHAIRMAN REMUNERATION
CLINIC DEPT.
COMMITTEE
OPERATION COORDINATION DEPT.
AUDITING DEPT. INSURANCE & CLAIM DEPT.

KAOHSIUNG TERMINAL DIV.

GENERAL AFFAIRS DEPT.
CORPORATE
SUSTAINABILITY CUSTOMER SERVICE DIV.
COMMITTEE
OCCUPATIONAL SAFETY & HEALTH DEPT.

PRESIDENT BUSINESS DIV.

LEGAL DEPT. FINANCE DIV.
( COMPETITION
COMPLIANCE TEAM TAIPEI PORT OFFICE
INCLUDED ) CORPORATE GOVERNANCE DEPT.

TAICHUNG OFFICE
CHIEF EXECUTIVE VICE
PROJECT DIV.
PRESIDENT
KAOHSIUNG OFFICE
LOGISTICS DIV.

Evergreen Marine Corp. was officially formed on September 25, 1968. Approval for becoming a public company was granted by the Securities and
Futures Commission (SFC) of the Ministry of Finance on November 2, 1982. SFC approval for Category A listing was granted on July 6, 1987, and Evergreen
Marine was officially listed on the Taiwan Stock Exchange on September 21 of the same year. Our main business and services include the domestic and
international sea freight, shipping agency, and operation of container terminals.

16
 2021 Corporate Social Responsibility Report

Introduction to Evergreen Marine Corp. Evergreen Marine Fleets

At the end of 2021, Evergreen Marine operated a total of 204 fully containerized ships with a capacity of
Evergreen Marine Corp. 1,477,000 TEU. The main ship types by capacity are as follows: 119 of them are self-owned ships.
Name
(Taiwan) Ltd. Ship Length overall
Name Graphic Capacity (TEU)
type (M)

1-4F., No. 166, Sec. 2021

A EVER ACE 399.98 23,992
Location of 2, Minsheng E. Rd.,
headquarters Zhongshan Dist., Taipei
City 104, Taiwan (R.O.C.) 2018
G EVER GOLDEN 399.98 20,124

2013
Industry Shipping industry T THALASSA HELLAS 368.47 13,808

Shipping carrier/shipping 2020

Primary
agent/container F EVER FAITH 333.96 12,118
business
terminal operations
2012
Quantity of L EVER LAMBENT 334.98 9,466
products/
130+ routes per week
services
2005
provided S EVER SHINE 299.99 6,944

Number of
2237 2001
employees E EVER EAGLE 299.99 6,332

Local and Primary base of 2017

overseas operations is Taiwan; 320 B EVER BLISS 211.90 2,881
offices cities in 113 countries
2021
Capital (NT$
O EVER ORIENT 195.00 2,634
52,908,484
thousand)
2021
C EVER CREATE 172.07 1,778

The total number of own ship working days in 2021 is 39,512 days on a 24-hour basis and the total sailing
distance is 9,467,177.3 nautical miles. In 2021, the Group had a total of 9,847 ports of call, none of which are
located in the bottom 20 countries ranked by Transparency International's Corruption Perceptions Index.
17
 Chapter 01 Marine Business

1-2 Advocacy and Public Engagement

The R.O.C. National Chinese National

Participation Association of
Shipping Agencies
Taipei Chamber of
Commerce
Association of Industry ClassNK Taiwan
Committee
and Commerce
in associations Managing Director, Director/
Supervisor, and Members’
Members' Representative Type B Group Members’ Chairperson
Representative
Representative

National Association
of Chinese Ship Taipei Shipping
owners (NACS) Agencies Association China Maritime CR Classification Through Transport
Managing Supervisor, (TSAA) Institute Society Club (TT Club)
Director/Supervisor, Group Members’ Classification Committee Director
Managing Director, Director/
Members' Representative, Supervisor, and Members’ Representative Member/Director
and Convener and Member Representative
of Professional Committee

Taipei Ship owners’ Foreign National

Association (TSA) Seafarers’ Chinese Maritime Asian Shipowners' DNV GL Business
Managing Director/ Employment Affairs Research Institute Association (ASA) Assurance
Supervisor, Director/ Commission, R.O.C. Group Members' International Committee
Member
Supervisor, and Members’ Representative Member
Representative Chairperson

Association of
Shipping Services, General Chamber of The Association of American Bureau of Lloyd's Register
R.O.C. (AOSS) Commerce of R.O.C. Marine Affair Shipping (ABS) Quality Assurance
Managing Director, Chairman of Taiwan National
Group Members’ Group Members' Asia Shipowners Committee
Chairperson, Representative, Committee/Technology
Representative Representative Member
Managing Director, and Committee Member
Director

18
 2021 Corporate Social Responsibility Report

World Shipping Council (WSC)

WSC has observer status in the
United Nations International Maritime
Organization. Evergreen Marine is one
of the founding members, and
President Hsieh, Hui-Chuan serves as
the director of WSC.
Clean Cargo (Certified)
Evergreen Marine has joined the
CCWG organization since 2014
Digital Container Shipping
Association (DCSA)
Evergreen Marine has joined DCSA
since 2019

Participation
in international
platforms
For details of the MACN (The Maritime Anti-
international platforms in Clean Shipping Index(CSI) Cargo Incident Notification Corruption Network)
which Evergreen Marine
participates, please refer Evergreen Marine joined the program System (CINS) Evergreen Marine joined MACN
to Evergreen Marine's in 2010 and share information about Evergreen Marine has chaired in 2021.
official website: (QR ship environmental protection. the CINS since 2020
CODE)

The International Vessel

Operators Dangerous Goods
Environmental Ship Index(ESI) Association (IVODGA)
Evergreen Marine is a member, and SRTI (Ship Recycling
Evergreen Marine joined ESI
in 2012.
due to the IMDG Code being updated Transparency Initiative)
every two years, the Company
continues to send personnel to Evergreen Marine joined SRTI
participate in training. in 2020.

19
 Chapter 01 Marine Business
1-3 Operating Strategies and Performance
1-3-1 Operating Strategies
Evergreen Marine continues to pay attention to sustainability issues, and
strengthens its sustainable operations through external mechanisms,
such as joining Climate-related Financial Disclosure (TCFD), responding
to Carbon Disclosure Project (CDP), and introducing third-party
verification. With the lifting of lockdowns in the second half of 2020 and
strong demand for medical supplies and e-commerce, although global
economic activities have gradually recovered in 2021, some developed
economies and developing countries are still affected by supply chain
disruptions and the worsening of the COVID-19 epidemic. This has partly
offset the magnitude of the rebound in the global economy.
According to statistics from Alphaliner, a professional consulting agency,
about 1,075,000 TEUs will be added globally in 2021, an increase of 4.5%
over 2020. In terms of market cargo volume, in the first half of 2021, due
to vaccine administration, fiscal stimulus, inventory demand, and strong
e-commerce and other factors, we have seen a favorable growth of
cargo volume. Although the growth of cargo volume slowed down due
to factors such as port congestion in the second half of the year, the
annual cargo volume still increased by about 6.7% compared with 2020.
Facing the volatile market changes and the shortage of space and
empty containers caused by the port congestion, Evergreen Marine took
the following measures:
1. Continued to collaborate with the OCEAN Alliance (OA) to make good
use of ship resources and improve slot space utilization and service
quality.
2. Adjusted the fleet configuration flexibly, increase or decrease the
frequency of ships as per the market demand, and improve the
efficiency of ship operations.
3. Reduced the percentage of inland transportation in the United States
so as to shorten container turnaround time to allow (the quickest and
20
maximum collection of containers at ports for) full utilization of ship
space and in turn reduce container supply factor.
4. To procure more brand-new containers and slow down offhiring leased
containers in order to satisfy shipper's export demand for empty pickup.
5. Actively expanded the e-commerce platform to provide quotes,
booking, and post shipping services to increase customer stickiness.
The United Nations Sustainable Development Goals (SDGs) and the UN
Global Compact have been prioritized in the development of various
fields, such as ship and container design, meteorological navigation
equipment, participation in OA, adoption of e-commerce platforms,
ethical corporate management, and talent training. In the future,
Evergreen Marine will continue to implement this policy to fulfill our
corporate social responsibility.
In terms of fleet, the new ships were delivered as planned in 2021,
including a total of 6 large-scale twin-island ships and a total of 8 small-
scale feeder ships, all of which are put into operation to enhance the
overall transportation capacity of the Evergreen Marine's fleet. The newly
built ships are environmentally friendly ships that conform to the global
trend, including MARPOL's SOx and NOx emission regulations, EEDI carbon
emission index that is superior to the standard, and equipped with ballast
water treatment and energy saving and other environmental protection
equipment and designs.
In terms of international declarations, advocacy and compliance with
laws and regulations, Evergreen Marine joined the Marine Anti-Corruption
Network (MACN) in October 2021, hoping to combine the collective
strength of all aspects of the maritime industry to reduce corruption in
the maritime industry and further demonstrate its determination to fight
corruption.
 2021 Corporate Social Responsibility Report

1-3-2 Operating Performance

In 2021, the global cargo volume increased as the market Financial performance in the past three years Unit: NT$ thousand
became more active, and the average freight rates of
2019 2020 2021
various routes increased month by month due to factors
such as port congestion and rising oil prices. Due to the Operating revenue 190,589,281 207,077,912 489,406,832
steady increase in cargo volume and the sharp rise in Operating costs 176,071,661 161,590,726 187,412,073
freight rates, the increase in fuel, chartering and handling
Gross profit 14,517,620 45,487,186 301,994,759
costs has been offset, and the operating performance of
each shipping company has been better than in the past Pre-tax income (loss) 778,900 31,839,829 288,234,576
few years. Income tax expense 1,001,913 3,072,519 25,124,517
Net income (loss) (223,013) 28,767,310 263,110,059
A total of 7,417,500 TEU were shipped in 2021, an
Net income attributable 112,519 24,364,926 239,014,860
increase of 363,100 TEU (5.15%) from 2020. Capital was
NT$52,908,484,000 and consolidated revenues were to shareholders of the 4,402,384 24,095,199
parent company (335,532)
NT$489.406 billion in 2021. The net profit in 2021 increased by
approximately NT$234.343 billion compared with the net Net income attributable
to non-controlling interest 0.02 5.06 45.57
profit in 2020. Earnings per share

1-4 Development of the Joint Operation Model

1-4-1 Development of Joint Operations
With the trend of ships becoming larger due to the attempt to reduce route operating costs by major ocean carriers in the market, if an ocean carrier
operates its own routes alone, it is impossible to utilize the large number of slots that large ships can provide by itself. Moreover, the products provided
through independent operation of routes cannot meet the all market demand in sea shipping. Therefore, ocean carriers adopt various joint operation
models to obtain the required slots and route services, so as to expand the coverage of service ports and increase the frequency of berthing, reduce
their own operational risks, alleviate the imbalance between supply and demand of slots in the market, and further meet the environmental requirements
of the global supply chain.

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 Chapter 01 Marine Business

Six advantages of joint operations:

Improve Marketing Improve slot Expand service Increase berthing Cost saving by Improve the efficiency
Power utilization rate port coverage frequency (Service exchange slots of slot usage and meet
and increase (Port Coverage) Frequency): the environmental
Provide diversified
efficiency protection needs of
products to meet
(Efficiency/
OA's 8 major the global supply
market demand
Revenue)
routes provide a chain (Environmental
total of 42 routes Protection)

If the returns on a new line and

the slot demand are insufficient to support
independent operations, team up with one or
more carriers to provide ships on that line in order to
reduce and share operating costs
The largest alliance in the shipping market is the
Vessel sharing OCEAN Alliance formed by Evergreen Marine,
CMA CGM, COSCO SHIPPING, and OOCL.

Joint operation The partnership model chosen by Evergreen Marine

Slot exchange Slot charter is independently operated lines supplemented by
route model
vessel sharing. Slot exchanges are conducted with
Exchange slots Buy and sell lines operated by associated shipping companies
with one or slots with one or as equals, or directly purchased slots in order to
more carriers more carriers on obtain each other's slots on lines that they operate.
on an existing existing lines that
route to provide they operate in order
customers with more to satisfy each other's
options and improve demand for slots on lines
competitiveness that they operate

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 2021 Corporate Social Responsibility Report

Cooperation year 2021 Day 5 Product 2022 Day 6 Product

39 cooperative routes 42 cooperative routes

Far East/Europe: 7 routes per week
Far East/Mediterranean: 4 routes per week
Cooperative routes Far East/US East Coast: 7 routes per week
Far East/US Southwest: 9 routes per week
Far East/US Northwest: 4 routes per week
Far East/Middle East: 4 routes per week
Far East/Red Sea: 2 routes per week
Pan-Atlantic routes: 2 routes per week
Far East/Europe: 7 routes per week
Far East/Mediterranean: 4 routes per week
Far East/US East Coast: 8 routes per week
Far East/US Southwest: 11 routes per week
Far East/US Northwest: 4 routes per week
Far East/Middle East: 4 routes per week
Far East/Red Sea: 2 routes per week
Pan-Atlantic routes: 2 routes per week

Number of Ships jointly 334 ships 352 ships

operated

Total combined capacity 4.03 million TEU 4.43 million TEU

In 2021, under the OA Day 5 Product (product planning for the fifth year
of alliance collaboration), the alliance jointly operated 39 routes with 334
ships and a combined capacity of nearly 4.03 million TEU. Under the Day 6
Product in 2022, the alliance will maintain the 42 routes with 352 ships and
a combined capacity of nearly 4.43 million TEU.
The joint operation model is based on each member providing each
other with the contact details for their internal decision-making units
and business leaders. All personnel involved handle matters related to
their respective units and must be familiar with the conditions set by the
alliance contract. Allied carriers are responsible for carrying the cargo
of other members on their respective lines and ships. Any adjustments
to lines and ports or goods and sailing schedules will only be made after
close consultation between allied carriers if it does not impact on line
quality and members’ interests. System integrations include providing
each other with members’ loading information. A data format that is
acceptable to each carrier’s information platform was also defined
through mutual agreement.
OA has established an Operations Coordination Center (OCC) in Hong
Kong to coordinate the operations of the routes among allied carriers.
Each of the four carriers has assigned two personnel to the center. Their
important competencies include:
• Ensure the smooth operation of the alliance's route network: Monitor
the route network and terminal performance, compile and submit
route network performance reports, and notify members of the alliance
in the case of unusual situations occurring in the route network
• Schedule update: Compile the standardized pro-forma schedule (PFS)
as per the information provided by the members of the alliance, and
update the coastal schedule. Keep in touch with the members of the
alliance in the case of sudden changes
• Coordinate the PFS and coastal schedule of each route
• Maintain the stability of shipping schedules and service quality,
including handling exceptions and disputes
• Support monthly settlement of the members of the alliance

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 Chapter 01 Marine Business

1-4-2 Collaboration Mode and Outlook

In the short term, Evergreen Marine will continue to maintain close collaboration on the current eight major routes, and discuss with allied carriers at any
time in response to market changes, and adjust routes to provide customers with the best route services. For medium- and long-term strategies, we will not
only strengthen collaboration on the best-performing routes but also form partnerships on other niche routes, such as the Asia / Western South America,
Eastern South America, Australia, and India market.

Joint operation model and shipping alliance strategy are as follows:

1. Strengthen alliance deployment
The Company cooperated with the OCEAN Alliance formed by CMA CGM, COSCO and OOCL. In 2021, there were 39 cooperative routes, 334 ships,
and a total cooperative capacity of nearly 4.03 million TEU. In 2022, we will continue to expand cooperation, make full use of the Company's main
routes, build a complete service network, and actively expand the supply of goods.
2. Fleet Upgrade Project
The company continues to upgrade its fleet, from 1,800TEU, 2,300TEU, 2,500TEU, 3,000TEU, 12,000TEU, 15,000TEU, and 24,000TEU and other new types of
environmentally friendly ships. The Company puts the ships into various routes and makes full use of the Ocean Alliance network to flexibly adjust the
use of slots and reduce the cost of transshipment. At the same time, the introduction of big data analysis software, with the electronic data information
of the ship, and the latest weather navigation information, help the Company to save fuel costs and improve navigation safety.

24
 2021 Corporate Social Responsibility Report

1-5 Supply Chain Management

1-5-1 Evergreen Marine's value chain
Evergreen Marine regards suppliers as long-term partners. In addition
to competitive quality, delivery time, cost, and service requirements,
as well as suppliers' commitments and actions in the three aspects of
environment, society and corporate governance, through the sustainable
supply chain management mechanism, the Company expects to
meet the legal restrictions of each operating base, strengthen risk
management, enhance competitive advantages and meet customer
expectations.

Products and services supplied as per the supplier category：

Upstream Midstream Downstream

• Shipyards • Alliance partners • Inland Transportation Service

• Terminal machinery and equipment • Terminals provider
manufacturers • Repair and Maintenance vendors • Common Feeder
• Container manufacturers • Technical consulting companies • Container terminals/depots
• Reefer machine manufacturers • Insurance companies /yards
• Container leasing companies
• Marine fuel oil suppliers
• Ship chandlers and spare parts
suppliers

25
 Chapter 01 Marine Business

Category of supplier Description of products and services supplied 2021 procurement analysis
Shipyards New ship construction, modification, and maintenance Proportion
Number of of the
Terminal machinery Manufacturing of terminal machinery and equipment, such Category of procurement suppliers procurement
and equipment as bridge cranes, gantry cranes, container forklifts, fork amount
manufacturers stackers, and spreader/super-elevated spreader.
Barge, feeder, truck, and
Container Container manufacturers of dry containers, reefer containers, 1187 13.09%
train delivery service
Upstream manufacturers and special containers.
Reefer machine Inland depots (empty
Manufacturing of reefer machine container storage and 760 1.31%
manufacturers
Container leasing maintenance)
Container leasing services
companies
Container and reefer
Marine fuel oil suppliers Fuel oil for fleet operations machine manufacturers, 27 14.74%
Ship chandlers and Provision of spare parts required for the maintenance of and leasing companies
spare parts suppliers machinery and equipment on board
Machinery and
equipment
Alliance partners Shipping service
manufacturers, and port
Provision of accessories and technical consulting services 3 4.75%
machinery technology
for ship berthing, container loading/unloading/stocking, consultancy (including
Marine Terminals transshipment, and maintenance of various terminal
machinery and equipment terminal machinery)
Provision of assistance to the personnel on board to repair Ship spares and ship
Midstream the machinery and equipment on board during berthing 511 1.84%
Repair and and sailing to help restore the original performance to
maintenance
Maintenance vendors maintain the effectiveness of the ship’s certification and the
seaworthiness of the ship Bunker fuel oil and ship
88 36.36%
Provision of consulting services regarding technical
supplies
Technical consulting regulations, as well as structural, mechanical, electrical
companies design review Ships 5 27.77%
Provision of marine hull insurance, war risk insurance, and
Insurance companies carriers' liability insurance
General affairs and office
49 0.14%
supplies
Provision of inland transportation services by inland/coastal
Inland Transportation
Service provider
barge, railway, or truck in a combined or single transportation Total 2630 100%
model
Downstream
Common Feeder Provision of transportation services by feeder Calculation method: (procurement amount of this category
Container terminals/ Provision of container storage and maintenance services
/ total procurement amount) = proportion of procurement
depots/yards amount

26
 2021 Corporate Social Responsibility Report

Procurement analysis of key suppliers in 2021

Evergreen Marine classifies suppliers whose cost units represent the first 80% of the total procurement amount as the first-tier key suppliers.

Number of key Proportion of key Proportion of the

Category of procurement suppliers suppliers procurement amount
Barge, feeder, truck, and train delivery service 105 9% 81%

Inland depots (empty container storage and maintenance) 202 27% 84%

Container and reefer machine manufacturers, and leasing companies 19 70.37% 99.92%

Machinery and equipment manufacturers, and port machinery technology consultancy

1 33% 99.56%
(including terminal machinery)

Ship spares and ship maintenance 66 12.92% 87.21%

Bunker fuel oil and ship supplies 65 73.86% 99.97%

Ships 5 100% 100%

General affairs and office supplies 7 14.29% 92.45%

Total 470 18% 97%

27
 Chapter 01 Marine Business

Ratio of local procurement in 2021

China Asia
Category of procurement Procurement information The Americas (Including Hong Kong) (Including Taiwan) Europe/Mediterranean/Africa

Number of suppliers 712 31 200 244

Barge, feeder, truck, and train
delivery service Proportion of local 100%*(Note 1)
procurement
Inland depots Number of suppliers 123 172 246 219
(empty container storage and
maintenance) Proportion of local 32%
procurement
Container and reefer machine Number of suppliers 0 25 2 0
manufacturers, and leasing
companies Proportion of local 7.4%
procurement
Machinery and equipment
manufacturers, and port Number of suppliers 0 0 3 0
machinery technology
consultancy (including terminal Proportion of local 100%
machinery) procurement

Number of suppliers 32 118 323 38

Ship spares and ship
maintenance Proportion of local 63%
procurement
Number of suppliers 14 30 70 19
Bunker fuel oil and ship supplies
Proportion of local 26%
procurement
Number of suppliers 0 3 5 0
Ships
Proportion of local 62%
procurement
Number of suppliers 0 0 49 0
General affairs and office supplies
Proportion of local 100%
procurement
Note 1: Because the transportation services (barge, feeder, truck, train) have the industrial characteristics that all suppliers purchase at the place of service demand. Therefore, local
procurement here refers to "procurement from local suppliers where the service takes place". Except this category, the other categories of local procurement refer to the procurement of local
suppliers in Asia (including Taiwan); non-local procurement refers to the procurement of non-local suppliers (Taiwan) implemented globally

28
 2021 Corporate Social Responsibility Report

1-5-2 Supplier evaluation

In order to effectively manage suppliers, the Company has drawn up the "Supplier Code of Conduct", which includes five aspects of environment, labor,
human rights, and ethics, and continues to promote the signing of the " Supplier Social Responsibility Commitment", requiring suppliers and the Company
to abide by local regulations and internationally recognized norms, including various corporate ethical management, labor rights, health and safety, and
environmental protection standards. By the end of 2021, it has been signed by 689 suppliers, accounting for 77% of the target number. All departments
review and set supplier signing targets year by year.

The Company evaluates suppliers who have business dealings that will affect service quality at least once a year. In 2021, we have designed the "
Supply Chain Sustainability Assessment Questionnaire", which is divided into sustainable management and risk management, environmental protection,
labor security and Supply chain management and other projects. It is issued to all suppliers to fill in. By the end of 2021, 413 suppliers have responded,
accounting for 78% of the target number. All departments will also continue to issue requests for suppliers to self-evaluate on ESG.

Contents of the Supply Chain Sustainability Assessment Questionnaire:

Environmental Supply Chain

Protection Management

•Sustainability •Employees' basic

Management •Environmental rights •Sustainability
management management of
•Risk and Business •Occupational the supply chain
Continuity •Carbon Safety and
Management management/ Health
energy Management
management
•Violation Cases
•Water Resource Disclosure
Management
•Waste
management
Sustainability Labor Rights and
Management and Risk Protection
Management

29
 Chapter 01 Marine Business
2021 Purchasing Unit Management and Performance
Equipment
Control
Management requirements
Conduct annual key supplier
evaluation in April every year
Evaluation orientation:
quality, professionalism, cooperation,
product delivery, price and anti-
bribery provisions.
Sustainability management:
Refer to the sustainable supply chain
self-assessment questionnaire to
screen the risk level for management.
Performance and targets
In 2021, 179 key suppliers passed the
CSR questionnaire evaluation, and the
supplier sustainability CSR commitment
was expanded to all suppliers, with
516 signed, reaching 90% of the target
number.
In 2022, we will continue to promote
the goal of increasing the signing ratio
of existing suppliers to 95%. In addition,
new suppliers must complete the
signing of contracts with CSR clauses
and sustainability CSR commitment.
30
Equipment
Service
Management requirements
Conduct annual key supplier evaluation
in March each year
Evaluation aspects:
quality, delivery time, price, anti-bribery
provisions.
Sustainability management:
Review the relevant CSR policies of
suppliers and request to sign our standard
commitment.
Performance and targets
In 2021, 19 key suppliers signed the
Sustainability CSR Commitment, 15
passed the CSR questionnaire evaluation
requirements, and 8 contracts included
CSR clauses.
In 2022, suppliers are required to
implement the Supplier Code of Conduct
to ensure high product quality. The goal
is for 19 key suppliers (including container
manufacturing, container leasing,
reefer machine manufacturing and
seal manufacturing companies) to fully
incorporate CSR clauses in their contracts.
In the future, after the epidemic has
eased, the Company will arrange on-site
audit of ESG projects.
Maintenance
Management requirements
A meeting of the ship maintenance committee is held
every month to resolve major procurement cases,
selection (change) of dock repair yards, system program
development, etc. All procurements are based on the
principle of fairness, impartiality and openness and follow
the process of inquiry/comparison/negotiation.
Evaluation orientation:
Supplier QDCS evaluation is performed for each payment
information of the supplier, and the designated engineer
confirms that the evaluation result conforms to the
company's specifications. If the evaluation result does not
meet expectations, the manufacturer will send a letter to
request improvement.
Performance and targets
In 2021, 40 key suppliers were passed the CSR questionnaire
evaluation and signed the Sustainable Social Responsibility
Commitment. The company disclosed the CSR policy on
the order form (without contract) and required all suppliers
to abide by it.
In 2021, a total of 86,415 evaluation items were implemented
for each order of suppliers, with a total average score of 8.9
points (out of 10).
In 2022, the target KPI for Tier 1 new suppliers to include ESG
in the contract reached to 90%, increasing the CSR supply
completion rate to 50% from the evaluation questionnaire;
the target KPI for suppliers with CSR clauses in the supplier
contract was 30 suppliers (the total target is 100 suppliers in
three-year periods); and an on-site audit will be conducted
after the epidemic getting relieved.

Terminals
Management requirements
Conduct annual supplier reviews
on a regular basis every year
For major procurement cases,
a review meeting will be held
to select suppliers that meet the
management standards.
Sustainability management:
Manufacturers are required
to promise to comply with the
Supplier Code of Conduct,
and attach the Supplier Social
Responsibility Commitment as an
attachment to the contract.
Performance and targets
In recent years, large-scale
procurement companies have
signed Sustainable Supplier Social
Responsibility Commitment. In
2021, 5 contracts have included
CSR provisions, and seven
suppliers have signed a letter of
commitment.
In 2022, CSR clauses will continue
to be used to screen suppliers.
All major procurement cases
must incorporate CSR normative
clauses into the contract and
sign the Supplier Sustainable CSR
Commitment.
Supply
Management requirements
Each year, supplier appraisal
management is carried out
at both ends of the ship and
shore: current suppliers are
required to sign Sustainable
Social Responsibility
Commitment. Important
marine materials and long-
term fuel contracts are quoted
and bid on the procurement
platform by appraisal superior
manufacturers. After the
approval of the procurement
committee, they are reported
to senior executives for
approval.
Performance and targets
In 2022, our target is to drive the
top 20 key suppliers to conduct
CSR questionnaire assessments
and 10 signatories to the
Sustainable Social Responsibility
Commitment.
2021 Corporate Social Responsibility Report
Kaohsiung
Shipbuilding
Terminal
Management requirements
Management requirements
Appraisal Aspects:
Supplier selection is conducted in
The shipyard of the new shipbuilding needs
accordance with "the Guidelines
to be confirmed the quality, reputation and
for Business Management of
reliability of the ship's construction through
Suppliers" and "the Business
field visits, and will be listed as a qualified
Partner Management Practice
supplier only after the implementation
Guidelines".
of the comprehensive consideration of
the management system, the quality of
Performance and targets production and the environmental protection
In 2021, 33 key suppliers policy.
incorporated CSR terms into their
Sustainability Management:
contracts, and 24 signed the
Subsequent periodic requests for CSR
Sustainable Social Responsibility
Commitment and Self-Assessment
Commitment and passed the
Questionnaire will be required for the
CSR questionnaire evaluation
Tendering New Shipyard.
criteria.
Performance and targets
The company continue to push
In 2021, 4 key suppliers met the requirements
all new suppliers to sign a new
after the CSR questionnaire evaluation of the
version CSR Terms and Contract
Sustainable Supply Chain Self-Assessment, and
Amendment or to sign the
2 signed the Sustainable Social Responsibility
Suppliers' Sustainability Social
Commitment.
Responsibility Commitment
in 2022. Target 18 Key Supplier During the ship building, the Company will
Contracts fully incorporated into send an engineering supervision team to do
CSR terms and signed the Supplier on-site confirmation and audit.
Sustainability Social Responsibility
The goal for 2022 is to promote 4 key providers
Commitment and Questionnaire.
to complete the CSR questionnaire and
sign the Sustainable Social Responsibility
Commitment.
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 Chapter 01 Marine Business

1-5-3 Selection of Suppliers

Evergreen Marine's supplier selection is based on the established
"Supplier Transaction Management Instructions" and the "Business Partner
Management Instructions". In addition to the implementation of the QDCS
evaluation, we have incorporated the five major requirements as in the
"Supplier Code of Conduct", and result of the supplier's CSR performance
survey will also be determinants of supplier selection.

The Company continues to push for the inclusion of CSR clauses in supplier
contracts, requiring suppliers to comply with both parties' corporate social
responsibility policies. In the event of a breach, we may terminate the
contract, refrain from accepting or providing commission rebates, reduce
CSR evaluation and screening of suppliers in 2021 the negative impact on the environment and society, and by the end of
Number of 2021, the suppliers who added the clauses to the contract will account for
Number of suppliers that Number of suppliers 61% of the target.
suppliers passed the that failed the audit
audited in 2021 audit (excellent, (poor, to be improved)
good, fair) Inspect whether there are corporate
social responsibility (CSR) clauses
Maintenance 232 232 0
1 set out in the contract, and include
relevant clauses, if not.
Shipbuilding 4 4 0

Equipment Inspect whether a supplier has a

48 48 0
Control 2 CSR-related policy or principles, and
ask the supplier to provide relevant
Equipment
0 0 0 information.
Service
Supplier
Supply 0 0 0
management
Promote suppliers to sign the
Kaohsiung
105 105 0
requirements 3 sustainability CSR commitment.
Terminal
Terminals 7 7 0
Distribute supplier CSR performance
General Affairs 2 2 0 4 self-assessment questionnaire.

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 2021 Corporate Social Responsibility Report

Ship
Procurement unit :Shipbuilding and Maintenance
Methods of Selection of Suppliers
Screening process:Shipbuilding Department will visit the site of ship building suppliers (shipyards) before listing into our supplier list to ensure that all supplier criteria are
properly managed and that the system is clear before becoming a potential supplier. Maintenance Department promotes the signing of the
Supplier Social Responsibility Commitment by existing suppliers and requires the newly added suppliers to complete the Supply Chain Sustainability
Questionnaire to jointly comply with local laws and regulations and internationally accepted norms to provide a healthy and safe working environment
for employees.
Appraisal Aspects:Product quality, no excessive contamination during the process, waste disposal, new ship environmental protection regulations (MARPOL) requirements.
Fuel
Procurement unit Supply
Methods of Selection of Suppliers
Screening process:The Supply Department continuously requires suppliers to sign the Supplier Social Responsibility Commitment and fill in the Supply Chain Sustainability
Assessment Questionnaire to reduce the impact on the social environment.
Container

Procurement unit Equipment Control and Equipment Service

Methods of Selection of Suppliers
Screening process: Inland yard suppliers from all over the world are controlled by department of Equipment Control and service. The department of equipment control
coordinated with frontier local branch offices and agencies to monitor Inland yard service quality and improves the cost structure. Regional suppliers
must abide by local laws and regulations, and cooperate with the amendments to and development of regional laws and regulations to adjust their
operating models to avoid negative impacts on environmental protection, labor, human rights, and society. Furthermore, with compliance with CSR,
ethical management, and other corporate governance-related clauses included in the contract, we work with suppliers to implement CSR as required.
Annual supplier appraisal is executed in March to April of each year.
Appraisal Aspect:Quality, professionalism, degree of cooperation, product delivery period, price, transaction history without bad records, anti-bribery clauses, and
evaluation of environmental protection, labor, human rights and social policies in various countries.
Execution Output:The corporate standard form of Supplier Social Responsibility Commitment was kicked off from 2020, a total of 516 companies have signed , reaching 90%
of the target number of companies this year.

Transportation
Procurement unit Intermodal
Methods of Selection of Suppliers
The suppliers of the Intermodal Department were managed by the head office or authorized local branches and agencies. North American Railways is the leading supplier,
with purchase amount accounts for 40% of the total purchase amount. The appraisal was completed in April 2021.
Appraisal Aspect: North American Railways updated CSR reports on their websites. Contracted inland and feeder suppliers are adopted to corporate standardized
contracts with anti-corruption clauses.

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 Chapter 01 Marine Business

CSR screening of new suppliers in 2021 1-6 Shipment Management

1-6-1 Shipping Regulations
Number of new
Number of
suppliers that
new suppliers
underwent CSR
in 2021 The transportation of goods by sea play an important part in economic and trade development.
screening
Upholding the safety of the employee, cargo, and ship as well as the zero accident have always
been the Evergreen Marine’s philosophy. Containers entrusted to us by customers are carefully
Maintenance 6 5
loaded aboard our ships in accordance with the International Convention for the Safety of Life at
Sea (SOLAS), the International Convention for the Prevention of Pollution from Ships (MARPOL), the
International Convention for Safe Containers (CSC), and the International Maritime Dangerous Goods
Shipbuilding 4 4
Code (IMDG Code). We also arrange for regular personnel training and education, receive in-depth
and sophisticated training on transportation requirements of specific dangerous goods for duties
Equipment performed by each personnel to raise their awareness and strengthen their sense of responsibility, in
1 1
Control order to reduce the chance of accidents and realize the aforesaid safe transport goals.

Equipment In addition to complying with the aforesaid international regulations, Evergreen Marine has developed
0 0
Service and regularly reviewed the following three work instructions to ensure proper management and
the correctness of related policies, procedures, and implementations: "Cargo Transport Procedure",
"Stowage Operating Instructions", and "Dangerous Cargo Control Instructions". The “Consignment
Supply 5 0 Acceptance Guidelines” were also drawn up to ensure the safety of ships at sea and customer
cargo. All customers cooperated with the relevant regulations in 2020 and no violations were
Kaohsiung reported.
10 10
Terminal

Terminals 0 0

General
2 2
Affairs

Total 28 22

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 2021 Corporate Social Responsibility Report

Ensure full compliance with the

Individual management of the International Maritime Dangerous Goods
Stowage
receiving, stowage, loading, Code (IMDG Code), other international
transport, unloading, delivery, and Operating
conventions and the local regulations of
schedule management processes. Instructions the port state during the transportation
of dangerous cargo to protect the
Dangerous safety of life at sea and prevent marine
Cargo Transport
Cargo Control pollution.
Procedure
Instructions

The work rules for stowage personnel

cover the assignment of responsibilities,
collection of loading information
before stowage, establishment of basic
stowage (space distribution) principles,
and stowage precautions.

The “Cargo Incident Notification System” (CINS) is an accident reporting platform jointly set up by leading international carriers in 2011. The purpose of
the platform is to raise the safety of the supply chain through the sharing of accident information in order to reduce shipping accidents caused by cargo
on shore and on ship, highlight the risks on specific goods and/or failure of packaging, and reduce the chance of misreporting and concealment of
shipments, which may severely undermine the shipowner's and cargo owners' safety at sea, the shipowner’s ship assets, and the cargo owners' cargo
assets. Evergreen Marine reported a total of 59 accidents on the CINS platform in 2021.

In addition, according to the survey results of the World Shipping Council (WSC), under the influence of extreme weather and severe sea conditions, the
accident of containers falling into the sea is increasing year by year. In order to improve the safety of goods and prevent containers from falling into the
sea, Evergreen Marine strictly abided by "Cargo Securing Manual" (CSM) specifications for each round when planed the stowage map of containers.
The Securing Manual is in accordance with SOLAS and approved by the Flag Administration. It details how containers on board should be stowed and
secured, as well as the approved types and methods of securing equipment.

35
 Chapter 01 Marine Business

1-6-2 Management of Dangerous Cargoes

The transport of goods by sea is a part of international trade and
dangerous goods are imported and exported by major ports around the
world. According to the International Maritime Dangerous Goods Code
(IMDG Code) and local laws and regulations, consignors are required to
declare and label dangerous goods correctly with supporting documents
before delivering the goods to the carriers, so as to ensure safe loading
and emergency handling of ship crew members.

To provide customer service and ensure the safety of maritime transport

at the same time, Evergreen Marine has introduced a keyword inquiry
system for dangerous goods. With this system, the dangerous goods team
members having expertise in chemistry and sea transportation enhance
the document review of dangerous goods and communicate closely with
customers to gain an in-depth understanding of the characteristics of the
dangerous goods and methods for safe delivery. This can reduce the risk
of wrong declaration or concealment of cargoes and protect the safety
of workers in the transportation supply chain, improving the effectiveness
of damage prevention. Therefore, in 2021 there was not violation of local
or international laws or regulations for Evergreen Marine which caused
to be fined. Evergreen Marine fleets and docks terminals adhere strictly
to all operating procedures. There were no significant spills of oil, fuel,
waste or chemical substances resulting in massive fines for violations of
environmental protection regulations in 2021.
Talent cultivation is the most important part in the corporate. Thus,
Evergreen Marine continuously assigned employees to participate in
training and reading sessions in respect of regulatory updates internally, to
increase employees' knowledge of dangerous goods and stowage skills.
The "Evergreen Line Dangerous Goods Stowage Policy" is also in place to
reinforce our adherence to the concept of safe delivery of goods. The
Operation Department has participated in the IMDG Code 40-20 online
courses organized by the International Vessel Operators Dangerous
Goods Association (IVODGA) since 2021. Up to now, we have sent 4
batches of personnel to attend the courses with a total of 91 employees
completing the training.
Evergreen Marine has participated in various international related
organizations, such as International Vessel Operators Dangerous
Goods Association, IVODGA (International Shipping Dangerous Goods
Association), Cargo Incident Notification System, CINS (Cargo Incident
Notification System) and World Shipping Council, WSC (World Shipping
Council), and other international groups hold conferences, forums and
seminars, by continuously obtaining new knowledge of dangerous goods
to exchange experience, enhance professional knowledge and collect
relevant regulatory development trends to improve marine transportation
safety.

36
 2021 Corporate Social Responsibility Report

1-7 Customer Relationship

1-7-1 Customer Relationship Maintenance
Evergreen Marine launched the ShipmentLink digital platform in 2018. In
2019, we launched the two innovative functions of "i-B/L"and "i-Dispatch"
in collaboration with Bolero, a well-known electronic trading platform,
to create high-quality global shipping services by means of paperless
e-commerce.

i-B/L i-Dispatch

Evergreen issues an The digital delivery of trade

electronic bill-of-lading that
serves as a document of
title recognized by banks
and insurers through the
ShipmentLink platform.
Once it is received by
the customer, they can
transfer the ownership
of their goods with ease
through the ShipmentLink
platform. Procedures such
as importing/exporting,
payment processing
between banks and carriers,
collection and settlement
can all be accelerated.
documents to all units
involved in the international
trade process, which
includes commercial
invoices, loading list, place
of origin/quarantine/
insurance certificates can
be encrypted and uploaded
in electronic format to
ShipmentLink for rapid
dispatching. Commercial
confidence is assured as
well.
To improve the quality of customer services, Evergreen Marine purchases
carriers’ liability insurance from the insurance company with the best
credit ratings out of 13 international insurance companies to continue
to maintain positive communication and collaboration. In the case of
damage to any customer's shipment, the Company can quickly deal with
it as soon as possible with the insurance company to reduce and control
losses and protect the customer's rights and interests.
With the concept of "One-stop service", Evergreen Marine offered high-
quality, friendly, and humanity services to solve customers’call and e-mail
requests. The company set up VIP Team to provide customer with various
services.

37
 Chapter 01 Marine Business

1-7-2 Customer Satisfaction

The customer service division continued to conduct service satisfaction surveys with customers. In 2021, a total of 1,095 valid questionnaires were
collected with the average satisfaction score 4.89/5 of the overall service performance points, which was exceeded compared with 4.86 points in 2020,
and since 2017 continued to grow. Among the eleven survey items, the three items of "Booking confirmation feedback", "Communicaion
between in-charge booking persons and customers" and "Overall booking performance" have achieved relatively significant
progress in customer satisfaction.

2019~2021 Customer Satisfaction Survey Results

5.0

4.95 4.94
4.92 4.91 4.91 4.90 4.91
4.90
4.90 4.89 4.89
4.88 4.88 4.87
4.86
4.85
4.81 4.81
4.80 4.79 4.80
4.78
4.75

4.70

4.65
2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019
booking confirmation Correctness of Overall performance of In-time delivery of cargo Correctness of freight Easy-to-search
feedback documents documentation staff arrival notice information website

5.0

4.95 4.94 4.93

4.91 4.90 4.90
4.90 4.89 4.88 4.89
4.86 4.88 4.86 4.86
4.85
4.85 4.85
4.83 4.83
4.80 4.77
4.75 4.74
4.70

4.65
2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019 2021 2020 2019
Professional Bill of lading Communicaion between Overall booking
Service attitude in-charge booking Total average
competence check time performance
persons and customers

38
 2021 Corporate Social Responsibility Report

Column
Suez Canal Stranding Incident
Joint Venture Partners
(Ocean Alliance)

The roles of the parties involved in the Suez Canal blockage (Joint Venture Agreement)

Ship Owner Charterer

Cargo Interests
(Shoei Kisen Kaisha, Ltd.) (Charter Party)
(Evergreen) (B/L, Contract of
Carriage)

(Canal Rules
of Navigation)

Suez Canal Authority (“SCA”)

Flowchart of the processing progress of the "Ever Given Ship Stranding in the Suez Canal"

23-24/MAR/2021 24-28/MAR/2021 29/MAR/2021 1/APR/2021 13/APR/2021 7/JUL/2021

Received a notice from the owner Evergreen was M.V. Ever Given The ship owner of
The designated The Vessel has
of EMC chartered vessel, M.V. Ever notified by the was officially M.V. Ever Given
expert rescue been successfully
Given, that the Vessel ran aground ship owner of arrested by the has signed a
team continues refloated and
in the Suez Canal at 6 nautical its chartered court in Egypt on formal settlement
to clear sand and leaving from the
miles from the southern entry of the vessel, M.V. Ever April 13, 2021. agreement with
mud around the grounding site
Canal as the Vessel proceeded Given, pertaining SCA, and the
ship’s bow & stern with assistance of
northbound through the waterway to their official Vessel was being
and try to conduct tugboats, allowing
from the Red Sea, reason of which declaration released from
vessel refloating the Suez Canal
is suspected due to gusting wind of General arrest by the
operation at high to resume normal
caused the Vessel to deviate from Average. court.
tide. operation.
its course. Evergreen has urged
the ship owner to investigate the
cause of this accident, and work The blockage of Evergreen chartered vessel 'Ever Given' at Suez Canal has attracted attention from all over
closely with Suez Canal Authority the world. During the period, the company has responded media and stakeholders for the inquiries, and
and related agencies to refloat the clarified false report immediately. The company's official website has also been updated with the progress
stranded ship as soon as possible. and description of rescue operation, so that all parties are informed of the latest situation.

39
 Chapter 02 永續治理

40
 2021 Corporate Social Responsibility Report

2 Sustainability Governance
2-1 Governance Structure

2-2 Ethical Management

2-3 Risk Control

2-4 Compliance

2-5 Information Security

41
 Chapter 02 Sustainability Governance

2-1 Governance Structure

2-1-1 Board of Directors and Governance Structure
In 2014, independent directorships were introduced by Evergreen Marine as part of our corporate governance efforts. Accountants and attorneys were
invited to become independent directors in order to further strengthen the Board of Director’s management and supervisory capabilities through
their professional background and independence. Information transparency initiatives include regular disclosures of financial reports on our English and
Chinese corporate websites. “Corporate Sustainability”, "Corporate Governance", “Stakeholders”, “Ethical Corporate Management”, and “Investor
Service” sections have also been set up to disclose our efforts in CSR fulfillment, implementation of ethical corporate management, and maintenance
of labor-management relations. The disclosures keep local/international investors, global customers, and supply chain partners informed about the
Company’s business situation.

Corporate governance at Evergreen Marine is overseen by the head of Corporate Governance Department (Senior Vice President) who has more than
three years of experience in the management of corporate governance matters, such as shareholders' meetings and board meetings, with qualifications
in line with the requirements of laws and regulations. With outstanding corporate governance, Evergreen Marine has been ranked among the top 5% of
publicly listed companies in five out of eight corporate governance evaluations conducted by Taiwan Stock Exchange Corporation (TWSE). For detailed
corporate governance-related content, please refer to Evergreen Marine's 2021 Annual Report and the "Corporate Sustainability" section on the official
website.

Operation of the Board of Directors

The candidate nomination system is used for the selection and appointment of directors in accordance with the laws of R.O.C. and our Articles of
Incorporation. Directors are appointed for a term of 3 years and are elected by shareholders from a list of candidates announced by Evergreen Marine.
The Board of Directors consisted of 8 males, accounting for 88.89%, and 1 female, accounting for 11.11%. All of the directors were over the age of 50.

The Chairman of Evergreen Marine is not allowed to serve as the President of the Company concurrently. All members of the Board of Directors fulfill
their obligation as prudent administers and come from a variety of professional backgrounds, including business administration, transport management,
financial accounting, law, as well as government and supervision. The Board of Directors’ meeting is convened at least once every quarter in
accordance with the “Rules Governing Board of Directors Meetings” to effectively supervise the business activities of the corporate management and
pass resolutions on important items of business. They also ensure compliance and transparency of all business and financial information.

42
 2021 Corporate Social Responsibility Report

The Board met for 8 times in 2021, and the attendance of directors is as follows: To avoid conflicts of interests, if a director or the legal
entity they represent has a conflict of interest with an
Actual
Actual item up before the Board, then the conflict of interest
Title Name Attendance Remarks
Attendance must be explained at that meeting. Where the conflict
Rate(%)
may impact on the interests of Evergreen Marine, then
HUI Corporation
they should recuse themselves and not participate in the
Chairman Representative: 8 100% None
Chang, Yen-I discussion or voting. They may not exercise voting rights
on behalf of other directors either. Where the spouse or
Director Chang, Kuo-Hua 8 100% None a blood relative within the second degree of kinship of a
director, or a director's controlling or affiliated company
Evergreen International S.A.
Director Representative: 8 100% None has interests in the aforementioned agenda item, the
Ko, Lee-Ching director shall be deemed to have a personal interest in
the matter. Please refer to Evergreen Marine's 2021 Annual
Evergreen International S.A.
Director Representative: 8 100% None Report for information regarding directors' recusal from
Hsieh, Huey-Chuan participating in the discussion or voting due to conflicts of

HUI Corporation interests in accordance with relevant laws.

Director Representative: 8 100% None
Tai, Jiin-Chyuan Evergreen Marine regularly organizes in-service
Evergreen Steel Corp. education courses for directors every year to enhance
Director Representative: 8 100% None their professional know-how. The courses encompass
Wu, Kuang-Hui
risk management-related corporate governance issues
Independent such as finance, business, commerce, legal affairs, and
Yu, Fang-Lai 8 100% None
director accounting, as well as corporate sustainability. All the
Independent directors have completed training hours in accordance
with the “Directions for the Implementation of Continuing
Li, Chang-Chou 8 100% None
director

Independent Education for Directors and Supervisors of TWSE Listed

Chang, Chia-Chee 8 100% None
director and TPEx Listed Companies”. In-service education
for directors in 2021 has been disclosed on the Market
Note: Please refer to Evergreen Marine's 2021 Annual Report for information on the experience,
academic background, and positions at other companies held by members of the Board of Directors.
Observation Post System (MOPS).

43
 Chapter 02 Sustainability Governance

Professional
Course type training Course title Title/Name
Performance assessment for Board of
institution
Directors
The “Regulations Governing the Board
Director Chang, Yen-Yi
Director Chang, Kuo-Hua
Taiwan Exploring employee Director Ko, Lee-Ching Performance Evaluation” was drawn up in
accordance with Article 37 of the“Corporate
Corporate compensation strategies and Director Tai, Chin-Chuan
Governance the usage of tools for company Director Hsieh, Huey-Chuan
Association employees Director Wu, Kuang-Hui Governance Best Practices Principles for
Independent Director Yu, Fang-Lai
Corporate Independent Director Li, Chang-Chou
TWSE/GTSM-listed Companies” to ensure
governance Director Wu, Kuang-Hui sound corporate governance, enhance
Financial
The 13th Taipei Corporate Independent Director Yu, Fang-Lai Board functions, set performance targets
Supervisory
Governance Forum Independent Director Li, Chang-Chou
Commission and boost the effectiveness of the Board. The
Independent Director Chang, Chia-Chee
Corporate Governance Seminar performance self-evaluation of Evergreen
Taiwan Insurance Director Tai, Chin-Chuan
- Impact of IFRS17 on Insurance Marine's Board of Directors, the board
Institute Director Wu, Kuang-Hui
Business Strategies
members, and the functional committees
Director Chang, Yen-Yi
Director Chang, Kuo-Hua covers the five aspects below:
Director Ko, Lee-Ching
Taiwan I. L e v e l o f p a r t i c i p a t i o n i n c o m p a n y
Averting Climate Disasters, Director Tai, Chin-Chuan
Corporate
Opportunities and Challenges for Director Hsieh, Huey-Chuan operations.
Governance
Sustainable Businesses Director Wu, Kuang-Hui
II. Improvement in the quality of decision-
Association
Independent Director Yu, Fang-Lai
Development making by the Board of Directors.
Independent Director Li, Chang-Chou
Independent Director Chang, Chia-Chee III. Board composition and structure.
Taiwan Stock IV. Election and Continuing Education of the
2021 Cathay Sustainable Finance
Exchange
and Climate Change Summit
Director Wu, Kuang-Hui Directors.
Corporation (TWSE) V. Internal control.
Information Security Management
Framework – Connecting The Regulations Gover ning the Board
Information Taiwan Insurance Information Security Matters with Per formance Evaluation as well as the
Independent Director Li, Chang-Chou
Security Institute Stories
methodology and outcome of the annual
Challenges and Future Trends of
Insurance Information Security performance self-Evaluation by the Board
of Directors are disclosed on our corporate
2021 Annual Legal Compliance
Securities and
Law Briefing on Insider Stock Independent Director Chang, Chia-Chee website or MOPS. The outcome of the Board's
Futures Institute
Transactions performance self-evaluation in 2021 is good.

44
 2021 Corporate Social Responsibility Report

2-1-2 Operation of Functional Committees

Corporate Sustainability Committee
The “Corporate Sustainability Principles” and “Organizational Measures for the Corporate Sustainability Committee” were passed by
the Board of Directors to embrace sustainable development and fulfill our corporate social responsibility. These reflect Evergreen Marine’s
vision and commitments on economic, environmental and social issues. Evergreen Marine is committed to becoming a “guardian of the
green Earth” and has set up the “Corporate Sustainability Committee” to ensure the continued implementation of sustainable corporate
management practices. The President and Chief Executive Vice President of Project Dept. respectively serve as the Chairman and Director
General of the Committee; members of the Committee are made up of 15 department heads, as well as 23 executive secretaries.

The Corporate Sustainability Committee shall convene at least once a quarter. A total of 4 meetings were convened in 2021. The Committee is
responsible for the following:
1.Formulation and implementation of corporate sustainability policies, systems, and related management policies
2.Communicating and responding to stakeholders on issues of concern
3.Review of economic, environmental and social issues
4.Compiling the annual sustainability report
5.Reporting of progress, performance, and work plans regarding issues of concern and their risks and opportunities to the Board of Directors

45
 Chapter 02 Sustainability Governance

Board of Directors

Chairperson
(the President)
Director General
(Head of Business Committee Members
Coordination Dept.) (Department Heads)

Executive Secretary
Department secretaries
(Business Coordination
Dept.)

Employee Care/
Environmental Protection Corporate Governance/ Product/Supplier
Community Care Issues
Issues Team Economic Issues Team Management Issues Team
Team

Business Operations
Marinetech Dept. Human Resources Dept. Auditing Dept.
Dept.

Kaohsiung Terminal Div. Business Operation

Seaman Dept. Legal Dept.
Operation Coordination Dept. Coordination Dept. Coordination Dept.
General Affairs Dept. Auditing Dept.
Operation Dept. Service Div. Shipbuilding Dept.
Public Relations Dept. Finance Div. Kaohsiung Terminal
Shipbuilding Dept. Maintenance Dept.
Occupational Safety and Div.
Human Resources Dept. Supply Dept.
Maintenance Dept. General Affairs
Health Dept. Corporate Governance Dept. Logistics Div.
General Affairs Dept. Dept.
Operation Dept. Intra Asia Dept.
Logistics Div.

46

The functions of each issue team from the Corporate Sustainability Committee are described separately as follows:
Environmental Protection
Issues Team
Responsible for the
sustainable operation of the
Company's fleet of vessels
and comply with international
environmental conventions
and regional environmental
regulations. We have set strict
standards and operating
procedures for ships sailing
at sea and are committed
to pollution prevention,
energy conservation, and
carbon reduction. We use
the latest marine technology
to maintain marine ecology
and port safety as much as
possible.
Employee Care/
Community Care Issues
Team
Responsible for talent
recruitment and retention,
talent cultivation and
development, human rights
and compliance, workplace
safety and employee health,
and communication and
feedback to the community,
and is committed to providing
our employees with a healthy,
safe and friendly workplace.
Together with the Chang
Yu n g - f a F o u n d a t i o n , w e
promote maritime education
and care for the community,
and jointly promote social
welfare activities.
2021 Corporate Social Responsibility Report
Corporate Governance/
Economic Issues Team
Integrate corporate
governance-related
rules and systems, assist
in the completion and
implementation of corporate
internal control systems, and
promote sustainable business
development through sound
operational strategies and
policies.
Product/Supplier
Management Issues
Team
Integrate relevant departments
to complete supply chain
management specifications
to ensure that suppliers pay
attention to environmental
protection, legal compliance,
human rights/labor rights and
sustainable development
issues of safe and healthy
environment, hoping to
establish long-term partnership
with suppliers that spells mutual
benefits and sustainable
procurement. Improving
customer service and quality-
related work through optimized
software and hardware
services, so as to increase
customer satisfaction.
47
 Chapter 02 Sustainability Governance

Implementation status of the Corporate Sustainability Committee

Top-level personnel President

•Enhanced the Sustainability Report and the content of the website; fully disclosed the Company's response to the UN SDGs
and the sustainability performance
•Formulated the Company's sustainability strategy, and set the short- and mid-to-long-term targets of sustainable operations as
per the sustainability strategy
•Strengthened operational risk management and set out countermeasures
2021 Implementation
•Joined the list of TCFD supporters, introduced climate change risk management system to reduce the impact of climate
Results
change risks and seize opportunities
•A member of the Ship Recycling Transparency Initiative (SRTI) and continued to monitor the status of ship recycling
•Awarded as the 75 Green Supply Chain Partner by Inbound Logistics in 2021
•Awarded MSCI ESG - 2021 MSCI ESG "A" Rating
•Received the 14th Taiwan Corporate Sustainability Award - Bronze Award for Corporate Sustainability Report

•Introduce SASB disclosure topics

•Participate in more international initiatives related to environmental protection and corporate governance, such as
United for Wildlife Transport Task Force
2022 Goals
•Obtain ISO-related third-party management certification
•Strengthen responsible procurement management in supply chains
Sign and implement the Supplier Code of Conduct in the sustainable corporate responsibility commitment.

Medium-term (2–5 Years)：

•Install solar generation facilities at the Kaohsiung Container Terminal
•Participate in the research and development of biofuel
•Strengthen TCFD data and scenario analysis
Medium- and
•Study the feasibility of and respond to international initiatives, such as SBTi
Long-term Goals
Long-term (5–10 years)：
•Continue to participate in the research and development of international alternative energy
•Evaluate the adoption of electronic inland transportation
•Reduction of carbon emissions by more than 50% in fleet sector

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 2021 Corporate Social Responsibility Report

Audit Committee
The Audit Committee is purely made up of independent directors and its responsibilities include reviewing the following:
1. The Company's financial statements to ensure that they are true and accurate, the selection/removal of CPA as well as the assessment of the CPA's
independence and performance;
2. The effective implementation of the Company's internal controls;
3. The Company's compliance with the relevant laws and regulations; and
4. The Company's management of existing or potential risks.

The Audit Committee meeting shall be convened at least once every quarter, and may be convened at any time if necessary. The Audit Committee
meeting was convened 7 times in 2021. Meeting details are available in our 2021 Annual Report.

Remuneration Committee
It is the responsibility of the Remuneration Committee to prepare
proposals to the Board of Directors on the following matters:
1. Establish and periodically review the performance evaluations and
remuneration policy, system, standards, and structure for directors and
managers.
2. Periodically evaluate and establish the remuneration of directors and
managers.

The Remuneration Committee shall convene at least two meetings every

year, and meetings can also be convened whenever necessary. A total
of two meetings were convened in 2021. Meeting details are available in
our 2021 Annual Report.

49
 Chapter 02 Sustainability Governance

2-2 Ethical Management

2-2-1 Implementation of Ethical Management
Ethical Management
The "Ethical Corporate Management Best Practice Principles", "Procedures for Ethical Management and Guidelines for Conduct", and "Code of Ethics and
Conduct" were approved by the Board of Directors, and the Chairman Chang signed the commitment to ethical management. Please refer to the "CSR"
section on the Evergreen Marine website https://csr.evergreen-marine.com/csr/tw/jsp/CSR_EthicalManagement.jsp

According to the "Evergreen Line Corporate Social Responsibility Policy" formulated by Evergreen Marine, all Evergreen offices and agencies across the
globe are required to abide by the commitment to anti-bribery, anti-corruption, and anti-discrimination during the course of business. The anti-corruption
policy and process is published on the corporate website and announced to the staff. In 2021, we did not receive any internal and external grievances
concerning violations of the business ethics.

Evergreen Marine propagates the concept of ethical management among the staff through internal public information, departmental meetings, business
meetings, and talks with senior executives in order to implement ethical management. All managerial personnel at all levels are requested to continuously
remind their employees of the ethical management policy and oversee compliance. Evergreen Marine periodically organizes pre-service training on
"ethical management and code of ethics and conduct" for new recruits every year. In 2021, 80 new recruits participated in the training, accounting for 4.69%
of all onshore employees. This course was also attended by 21 new employees from the maritime business departments of related companies.

2-2-2 Unethical Conduct Risk Assessment

Since Evergreen Marine established its internal control mechanism in accordance with the "Ethical Corporate Management Best Practice Principles" in
2019, we regularly conduct internal ethical management risk assessments and formulates risk disposal or prevention plans based on the assessment results.
In 2021, various departments in Evergreen Marine conducted internal operational risk self-assessment for dishonest practices such as corruption/bribery,
illegal political contributions, improper donations or sponsorship, violation of trade secrets and other intellectual property rights, unfair competition, failure
to comply with regulations or standards resulting in health or safety hazards, insider trading, and business dealings with dishonest parties. A total of 127 risk
assessments were conducted and recommendations were made to senior management and the Board of Directors for reference in terms of corporate
governance.

50
 2021 Corporate Social Responsibility Report

2-3 Risk Control

2-3-1 Operational Risk and Management
Evergreen Marine has drawn up a risk management policy to ensure the integrity and implementation of the risk management system and to enhance
the division of risk management work, ultimately ensuring the achievement of business goals.

The Company established the "Risk Management Policy", which was approved by the Board of Directors in 2020 as the Company's highest guiding
principle for risk management. The Project Dept. is responsible for urging each department in charge to implement risk management policies, monitoring
management processes, passing on risk management information, and dealing with risk management-related issues. The Audit Department performs risk
management audits on the operations of the risk management policy to ensure the effective operation of the risk management policy.

The Company's risk management areas include management of market risk, operational risk, financial risk, operational and strike risk, cargo security risk,
sanction risk, credit risk, epidemic transmission risk, information security risk, spare parts procurement risk, ship docking risk, and fuel procurement risk.
The Company reported to the Board of Directors on December 27, 2021 on the implementation of risk management.
Please refer to the Company's corporate sustainability website
https://csr.evergreen-marine.com/csr/jsp/CSR_RiskControl.jsp

51
 Chapter 02 Sustainability Governance

Risks and countermeasures

•Finance risks
The Company's financial risk management is conducted by the Finance
Division in accordance with the policy set by the Board of Directors.
Through close collaboration with the operating units, the division is
responsible for identifying, evaluating, and avoiding financial risks. The
Company's daily operations are affected by a number of financial risks,
including market risks (including exchange rate, interest rate, and price
risks), credit risks, and liquidity risks. The Company's risk management
policy focuses on unpredictable events in the financial market and seeks
to alleviate the potential adverse effects on the Company's financial
position and financial performance.

Cash flow and fair value

Exchange rate risk Price risk Credit risks Liquidity risks
interest rate risk

Adopt forward foreign
exchange contracts
to hedge risks and
manage exchange
rate risk arising from
future business
transactions and
assets and liabilities
recognized.
Loans taken out at 1. Investment in equity 1. Evaluate customer credit Monitor the forecast of
floating interest rates instruments: Diversify quality based on financial liquidity requirements
expose the Group to the investment position, past experience, to ensure that there
the cash flow interest portfolio based on and other factors. are adequate funds
rate risk. Part of such the limits set by the 2. The limits on individual to meet operational
risk is offset by cash Company. risks are set by the Board needs.
and cash equivalent 2. Fuel procurement: A of Directors based on
held at floating task force conducts internal or external ratings
interest rates. market observation to and monitored regularly.
increase the hedge 3. Engage in transactions
ratio in a timely only with financial
manner. institutions with good
credit ratings.

52
 2021 Corporate Social Responsibility Report

•Ship-related risks
Identifying risks related to ships, and has formulated and implemented the measures below to improve management and control measures:
1. Monitor complaints, unqualified items, and resource problems that may have a negative impact on the system.
2. Examine the effectiveness of the system through an internal audit process.
3. Review system performance through a management review process.

Ship-side Risk Notification and Handling Process:

DP judges Establish an
Liaise with
Notify the Collect whether to effective
relevant units
head of the relevant convene an connection with
and take
Marinetech reports emergency the ship's end
contingency
Department response until the case is
measures
team closed

The Marinetech Department of Evergreen Marine identifies the risks of various tasks on board, and sends them to managerial personnel for review before
execution by the fleets. In the case of any execution difficulty, they can take additional control measures before reporting back to the Company. There
is no grievance channel for "risk control" but there is an emergency contact list and a safety reporting mechanism. There are dedicated mailboxes and
points of contact for each item above.

As for sea shipping, the Marinetech Department draws up an annual two-way drill plan every year, and conduct onshore and on-board drills as required
by laws and regulations. The identification of emergencies is defined by the SE manual, including but not limited to fire, casualties, earthquakes, bomb
threats, and other threats that may cause emergencies at the site of the Company.

The potential risks on board include collision, stranding, fire, personnel overboard, serious injury to the crew, oil spills, failure of important machinery and
equipment, flooding, and damage to the hull. The on-board notification process is as follows: Notify the person in charge of the Marinetech Department,
collect relevant reports, and let designated person (DP) determine whether to form an emergency response team, contact relevant units, take relevant
contingency countermeasures, and establish an effective communication mechanism with the ship until the case is closed.

53
 Chapter 02 Sustainability Governance
Management Objectives for Ship Risks
Legal risks
Remark
Changes in domestic and international regulations,
such as those related to carbon emissions and energy
efficiency
Mitigation actions or countermeasures
1.The new design is in line with the concept of ship
optimization and the Energy Efficiency Design Index
(EEDI) of the International Maritime Organization
(IMO). The ship design is based on the concept of ship
optimization to improve propulsion efficiency while
aiming to achieve equivalent ship speed without
reducing engine performance and to reduce fuel
consumption, thereby achieving emission reduction.
2. By adjusting the ship's speed, schedule and other
factors, and monitoring the ship's carbon emissions
in real time to comply with new environmental
regulations such as the Energy Efficiency Existing Ship
Index (EEXI) and Carbon Intensity Indicator (CII) that
will take effect in 2023.
3. Continuously monitor and measure the carbon
dioxide emissions of the fleet and work to reduce the
emissions by 1% or more as compared to that in the
prior year. The medium- and long-term target of the
on-board environment is to reduce CO2 emissions by
50% compared with the level in 2008 by 2030.
4. Introducing new energy ships to create a new
generation of environmentally friendly fleet and
reduce carbon emissions.
54
Marine accident risk
Mitigation actions or countermeasures
1. The Company issues a notice requesting the fleet to fill out the ship safety
compliance checklist on a regular basis. In addition, MAT checks the
implementation status on board on a regular basis through regular internal/
external audits and self-inspections.
2. Comply with the procedures as in the SE manual to develop and implement
a ship safety management system.
3. Convene a safety management review meeting to inspect the
performance of safety and environmental issues.
4. Continuously improve the safety and environmental management skills of
onshore and on-board personnel, including organizing onshore emergency
drills to get prepared for safety-related emergencies.
5. Send notices and case studies prepared by MAT to the fleet to prevent
further losses in the aftermath of an accident.
Risk of crew injury
Mitigation actions or countermeasures
1. Assess all known risks related to ships, crew, and the environment to establish
appropriate protective measures; provide safe operating procedures
and work environment for on-board operations; maintain effective
communication among all employees of the Company; as such, everyone
can properly understand their own safety and the environment in which
they are.
2. Make appropriate arrangement of/adjustment to manpower allocation
so that the crew can maintain sufficient rest for working shifts as per the
Maritime Labor Convention (MLC).
3. Send notices and case studies prepared by MAT to the fleet to prevent the
same accident from recurring in the aftermath of an accident.
 2021 Corporate Social Responsibility Report

The risk of cargo

concealment
Remark
Misrepresentation and incorrect declaration of dangerous goods, including
1. Any omission of actual but undeclared dangerous goods cargo
2. Any concealment of goods that are actually dangerous goods but declared as non-dangerous goods
3. Concealment, omission and false reporting of dangerous goods level and UN number

Mitigation actions or countermeasures

1. Employee training and propaganda:
(1)Customers: Reduce customer incorrect filing and concealment of dangerous goods through continuously educating customers on the
importance of honest filing by sales and booking personnel. Sales personnel need to visit customers from time to time to know whether the
chemicals produced by each customer belong to dangerous goods, to manage the contents and packaging of customers' shipments from
the source, thereby preventing customers from concealing or falsely declaring their products. Meanwhile, we will strengthen the awareness-
raising activities regarding the norms and responsibilities for the dangerous goods.
(2)Employees in all aspects of the Company: Offer education and training to allow employees to have a basic understanding of laws and
regulations related to dangerous goods, thereby improving the overall quality and alertness of relevant personnel.

2. Hazardous material data review and safe management of cabin arrangement:

(1)Establish a list of restricted goods: Set out restrictions on the contracted transportation of dangerous goods (list of restricted goods)
(2)Strengthen the system to check the keywords of suspected dangerous goods: Use a computer system to check the keywords of suspected
dangerous goods, and take appropriate actions to filter and avoid the expansion of damage.
(3)Strengthen inspection on suspected dangerous goods (such as charcoal and coconut cake)
3. Industry exchanges and mutual assistance along with international integration
(1)Participate in the CINS organization and notify each other of container accidents among carriers in the industry to reduce the probability of
disasters caused by dangerous goods.
(2)Participated in WSC and IVODGA organizations, exchanged experience in dangerous goods disasters, shared the inspection experiences
with dangerous goods inspection, drafted proposals, and promoted the revision of relevant regulations such as the International Maritime
Organization IMDG Code.
(3)Participate in the EU CARGOSAFE project and work together with the industry to reduce the risk of container fires.

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 Chapter 02 Sustainability Governance

2-3-2 Emergency Response System Emergency maritime accidents include personnel overboard, severe injuries to
crew members, fires, rescue for stranded ships, collisions, oil spills, damage to
rudders, and flooding. The emergency response drill schedule of the Evergreen
Crisis Response for Ships Marine fleet is as follows:
To maintain employees' basic personal safety, the Company
has formulated a "fire protection contingency plan" and a "ship Item Frequency
emergency preparation plan" as the basis for implementation.
Evergreen Marine aims to provide safe and efficient operations Once per
1. Ship abandoning drill
to enhance marine transportation services, and is committed to month
maintaining the safety of personnel, ships, and cargo through safe Once per
2. Firefighting drill
operation models while complying with environmental regulations month
and reducing the impact on the environment. Once per
3. Steering gear failure and emergency turn drill
quarter
Relevant ship emergency preparation plans aim to allow
personnel to get prepared for potential accidents, such as 4. Collision drill (including oil pollution)/warning/notification Once a year
accident classification, accident report and communication
5. Water ingress drill Once a year
between the on-board and onshore ends, emergency summary,
and emergency response drills. 6. Pipeline leakage/Hull damage Once a year

General marine accidents: Injury to workers at the terminals, Once every 6

7. Rescue tow drill
damage to hull structure, damage to facilities at terminals, months
damage to fishing gear, damage to machinery and equipment, 8. Refueling/Fuel spill Once a year
and other accidents that may undermine the Company’s
reputation or rights. 9. Stranding/Running aground Once a year

10. Man overboard and rescue Once a year

11. Engine failure Once a year

2-3-3 Climate Change Risks and Opportunities
12. Generator failure Once a year
Climate change is a global issue. As a guardian of the green earth,
13. Fire and explosion/Personnel search and rescue Once a year
Evergreen Marine keeps track of issues related to climate change
and formulates environmental protection policies. Advanced 14. Hazardous substance training Once a year
marine technology is used to optimize each ship type in order to Once per
maximize returns and satisfy energy conservation targets, and 15. Entry into enclosed space and search and rescue
quarter
dedicate efforts towards environmental protection together with Once per
16. Ship-shore two-way simulation drill
suppliers. quarter

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 2021 Corporate Social Responsibility Report

Under the increasing threat of climate change, Evergreen Marine identifies the opportunities and challenges brought about by climate change and
extreme weather referring to the Task Force on Climate-related Financial Disclosures (TCFD). Weather conditions that may affect ship safety and terminal
operations, such as rough sea conditions, typhoons, sea fog, sea ice, and extremely low atmospheric pressure, changes in domestic and international
laws and regulations, customers' awareness of environmental protection, changes in energy policies and equipment requirements, as well as epidemics
are included in Evergreen Marine's “risk management” assessment system to set up budgets for implementing disaster prevention plans, monitor the
effects of response and preventive measures, reduce the risk of climate change, and seize potential opportunities.

In response to the possible impact of climate change, Evergreen Marine has established the following operating procedures based on the four core
elements, namely, governance, strategy, risk management, and indicators and goals:

Climate change issues are identified, planned, and
promoted by the executive secretary of the Project
Dept. and the Environmental Protection Issues Team.
Quarterly meetings are held to report the progress
and goals of climate change management to the
Board of Directors every year.
The CSR Committee identifies and assesses
the transition risks of policies and regulations,
technology, market and reputation and the
physical risks of acute and slow-moving climate
change, and takes mitigation or adaptation
actions based on the degree of risks.

Governance Strategy Risk Indicators

management and goals

The duration of impacts is divided into short-term,
medium-term, and long-term spells. We conduct
operational risk assessments on the scope of
impacts and draw up countermeasures for the
aftermath of the impacts.
Indicators and goals are set in line with climate change policies and
risk management. The greenhouse gas emission factors are based
on the IMO MEPC / 29 / 18 / Dec.1989 and the "Emission Factors
for Greenhouse Gas Inventories 6.0.4" announced by the Industrial
Development Bureau, Ministry of Economic Affairs. Besides, Evergreen
Marine makes full disclosures of water resource management and
waste management and tracks improvements on a regular basis.

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 Chapter 02 Sustainability Governance

Analysis and Management of Risks and Opportunities Related to Climate Change

Risk/ Impact Impacted Impact Potential Financial Management methods and 2021
Impact Climate Scenario
Opportunity Duration Stakeholder Strength Impact countermeasures Performance

Transition Limit global Medium- All High Installation of New ships and extra equipment will Delivered
Risks temperature to long- extra equipment drive up the cost but Evergreen Marine 14 new eco-
rise to 1.5℃ term in compliance can incorporate the new regulations friendly ships.
with carbon quickly and help our customers comply 75.5% of
Changes in emission with carbon regulations. This advantage capacity has
regulations will benefit the Company's operation, been installed
domestic and will lead to an promotion, and environmental with SOx
international increase in the protection development in the scrubbers.
regulations cost of the new shipping industry. The countermeasures
energy fleet include: installing of SOx scrubbers
and denitrification equipment, energy-
saving devices and ordering new highly
energy-efficient and eco-friendly ships.

Transition Limit global Medium- Ship High Purchase new GHG reduction and decarbonization The
Risks temperature to long- owners engines or other policies continue to be effective to serviceability
Changes in rise to 1.5℃ term equipment that maintain the serviceability of equipment of ships with
domestic and help meet our by removing SOx is necessary . The SOx scrubbers
environmental Maritech Department will review and is 100%
international
goals. report the status weekly.
regulations

Transition Strict Medium- Ship High Replace ships to With regulations getting more strict 14 new ships
Risks regulations to long- suppliers comply with the on ship emissions, a low-carbon fleet joined our own
Changes in
limit ship term regulations. The will have a competitive advantage fleet in 2021
domestic and emissions cost of a low- in attracting more customers with
international carbon fleet is environmental awareness. The
about 40 billion countermeasure: gradually update the
regulations USD. fleet's structure and equipment.

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 2021 Corporate Social Responsibility Report

Risk/ Climate Impact Impacted Impact Potential Financial Management methods and
Impact 2021 Performance
Opportunity Scenario Duration Stakeholder Strength Impact countermeasures

Increased Transition Limit global Long- Customers High Raise transportation Calculation using BSI and Provide "Carbon
customers' Risks temperature term cost CCWG methodologies Emission Calculator"
rise to 1.5℃ (approved by IMO) on the official
awareness of website for
environmental customers to look
protection up emission data

IMO 2030/2050 Transition Limit global Long- Ship High Increase in fuel cost Negotiate a better deal Signed MOU with
Risks temperature term owners with suppliers to lower the several new energy
net-zero rise to 1.5℃ and cost suppliers
carbon energy
emissions suppliers

Transition Limit global Short- / Main and Low/ The increase in Install SOx scrubber and All delivered 14
Risks temperature Medium- auxiliary Medium backup equipment energy-saving devices new ships comply
IMO 2030/2050
rise to 1.5℃ to long- engines on /High drives up the and choose highly energy- with current
net-zero term our ships maintenance efficient ships environmental
carbon and manpower regulations
requirements
emissions

Transition Limit global Medium- Fuel and High Suppose low- Find economical and low- Continue with the
Risks temperature to long- energy carbon energy carbon alternative energy feasibility study of
rise to 1.5℃ term suppliers is 500 USD more alternative energy
IMO2030/ 2050 for the expensive per on Evergreen
net-zero carbon fleet ton, the fuel cost Marine's fleet.
emissions will increase by
approximately 2
billion USD

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 Chapter 02 Sustainability Governance

Potential
Risk/ Climate Impact Impacted Impact Management methods
Impact Financial 2021 Performance
Opportunity Scenario Duration Stakeholder Strength and countermeasures
Impact
Transition Risks Limit global Long- Evergreen Medium Increase Optimize the empty The percentage of the empty
temperature term Marine/ operational container reposition containers' direct delivery in
rise to 1.5℃ transportation difficulty and pattern in once, China's three highest empty
IMO2030/ or maintenance cost use low-carbon demands ports in 2020 is
suppliers transportation and 77% and increased to 81%
2050 net-
reduce unnecessary in 2021, annual growth rate
zero carbon
washing and repair. 6%. Compared to 2020, the
emissions container repair percentage
dropped by 1.0% and container
washing percentage dropped
by 3.0% in 2021.

Increase Physical Risk Global Short- Evergreen Medium It may cause Besides making sure We sold and offhired aged
frequency warming term Marine damage to sound condition of the containers more aggressively.
container structure,
of extreme containers on we implement higher
weather board and on standard of container
shore maintenance and
events repair.

Market Limit global Long- Customers Medium Operational Use a digitalized Compared to 2020, the number
Opportunity temperature term /High diversification, platform to reduce of booking and loaded
Market's
rise to 1.5℃ carbon carbon emissions and increased by 101.5% and 107.7%
Expectation for reductions and increase business
Low-Carbon an increase opportunities while
Products and in customer providing information
Services support on the e-commerce
platforms and carbon
emissions

Energy Limit global Short- to Evergreen Medium Energy Saving Use the latest energy- Started using at the end of 2021
Market's Opportunity temperature medium- Marine, and carbon saving elevator and with great results
Expectation for rise to 1.5℃ term Employees reduction, parking equipment;
Low-Carbon provide safety replace old equipment
Products and equipment for and conserve energy
Services employees via the regenerative
converters

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 2021 Corporate Social Responsibility Report

Potential Management
Risk/ Climate Impact Impacted Impact
Impact Financial methods and 2021 Performance
Opportunity Scenario Duration Stakeholder Strength
Impact countermeasures
Energy Limit global Medium- Evergreen Medium Low-carbon Use low-carbon Increase 11.3% in 2021 compared to 2020
Opportunity temperature to long- Marine, shipping ocean shipping as
Market's rise to 1.5℃ term Suppliers investment an alternative to
land transport, eg.
Expectation for
saving energy and
Low-Carbon reducing carbon by
Products and Taiwan Strait Blue
Services Way Service instead
of land transport

Market Limit global Medium- Evergreen Low/ Comply with Increase sources In response to the environmental protection trend
Opportunity temperature to long- Marine, Medium environmental of funding and and the government's promotion of its green energy
Reputational rise to 1.5℃ term Customers /High regulations will improve the eco- policy as well as the development of green bonds,
Opportunity improve the friendly fuel system the Company issued a green bond of NT$2 billion on
Company's on the ships by June 27, 2018, which was certified by the third-party
image, issuing green certification agencies, namely DNV GL and PwC
increase bonds to reduce Taiwan.
energy air pollution and The funds will be used to support the relevant capital
efficiency, environmental expenditures for the purchase and installation of
protection equipment for eco-friendly marine fuel.
Market's and reduce impact. Compare
By installing such equipment, we reduced the SOx
costs and the cumulative
Expectation for emissions during ship navigation, thereby reducing
pollution while execution amount
Low-Carbon enhancing the with the account
air pollution and alleviating the impact on the
environment.
Products and Company's statement every
The Company originally planned to install protection
Services reputation month, make sure
equipment for eco-friendly marine fuel in Q3 of
that there is no fund 2018. However, due to the pandemic, congestion
paid for a purpose at the ports and routes adjustments, the installation
other than the was postponed and is expected to be completed
project, track the by the end of October, 2022. After the equipment
execution progress, is fully replaced, it is estimated that around 17,927
and confirm the tons of SOx emissions will be reduced each year. As
flow of the bond of the end of 2021, 77.22% of the installation project
payments. was completed. The actual cumulative expenditure
amounted to NT$1,686,064,000.

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 Chapter 02 Sustainability Governance

2-4 Compliance
2-4-1 Compliance System
Anti-bribery / Anti-corruption Laws
Evergreen Marine has established a corruption/bribery prevention process and face-to-face education and training to strengthen ethical management
in our daily operations. We also request all contracting parties to include anti-bribery/anti-corruption compliance clauses in their contracts according to
the nature of their business, in the hope that all customers with whom Evergreen Marine has dealings will support anti-corruption. To further demonstrate
our determination to fight against bribery and corruption, Evergreen Marine joined MACN (Marine Anti-Corruption Network) in October 2021, hoping to
eliminate corruption in the maritime industry through the power of the organization. Three anti-corruption training sessions were conducted in 2021 with 468
participants, and no violations of anti-corruption and anti-bribery laws occurred in 2021.

MACN provides members with education and training materials related to anti-corruption and anti-bribery. It is expected that the materials will be
incorporated into our e-learning platform in 2022, and relevant colleagues will be invited to attend classes.

Competition Laws
In 2021, we continued to monitor the incoming and outgoing mails of relevant departments through the email auditing system. Once we found any letters
with illegal risks, we would immediately communicate with colleagues to enhance the awareness of competition law compliance. In addition, we have
also completed 15 Competition Job Function Checking Lists for foreign colleagues to review what behaviors they should pay attention to in their daily
business to avoid violating the competition law. Throughout the year, we conducted 9 domestic/overseas competition law training sessions for a total of
1,858 participants, as well as 15 compliance training sessions for expatriate executives and colleagues, with a total of 29 participants.

In 2022, we plan to invite foreign lawyers to record training materials on compliance with EU competition law, which will be made available to employees
through the company's e-learning platform. Afterwards, the Compliance Team will arrange a workshop and invite supervisory employees from relevant
departments to share their experience and discuss with lawyers.

Economic Sanctions Laws

In terms of economic sanctions, Evergreen Marine mainly complies with the UN, US, EU and UK economic sanctions regulations, and continues to conduct
list screening of bill of lading information using an automated system with manual checks in its daily operations. World Check's Economic Sanctions

62

Enhanced List Tracking Platform is now available on the Shipmentonline+
system for colleagues to check if their counterparties are the target of
economic sanctions. In 2021, we offered 15 educational and training
sessions on economic sanctions laws to expatriates, with a total of 29
people participants. There were no violations of economic sanctions in
2021.
Personal Data Protection
Evergreen Marine recognizes the importance of personal privacy and
complies with regulatory requirements for the collection, handling,
utilization, storage and transmission of personal information. We use
system authority control and encryption to prevent personal information
from being leaked, and also draft a standardized version of contract
personal information protection clauses for each contracting unit to enter
in order to protect the Company's personal information. We conducted
GDPR education training for new employees and expatriates in 2021,
with a total of 78 participants. There was no violation of the Personal Data
Protection Act in 2021.
2-4-2 Compliance
Evergreen Marine is a member of Ocean Alliance, and our associates
and employees from the Operation Coordination Department and Joint
Venture Section will discuss with the alliance members on operational
issues such as routing and port berthing in our daily business. In addition,
the Compliance Team has provided relevant guidelines for employees
to avoid stepping on the red line of the competition law, and also
conducted education and training for front-line sales employees to
promote and strengthen awareness of various compliance issues. In 2021,
2021 Corporate Social Responsibility Report
Evergreen Marine has not been penalized for violations of Competition
law, Anti-Corrupt Act, Economic Sanction Rules, or Personal Data
Protection Act.
In terms of climate related initiatives and regulations, mitigating the
greenhouse effect is a common global goal. With the increasing impact
of the greenhouse effect and global warming, the increasingly impact
of climate change is undoubtedly an inevitable issue for sustainable
business operations. The IMO has also followed in the footsteps of the
Paris Agreement and formulated a mid- and long-term greenhouse
gas reduction strategies for the entire sea shipping industry. The new
environmental regulations such as Energy Efficiency Existing Ship Index
(EEXI) and Carbon Intensity Indicator (CII), which will come into effect
in 2023, are expected to have an impact on the performance and
speed of carbon emissions from ships, and it is expected that the new
regulations will be used to limit the carbon emissions from ships so that the
greenhouse gases from ships can be reduced.
The Marinetech Department regularly reviews the technical documents
published by major classification societies and organizes regular
meetings to discuss them with relevant departments to ensure that the
fleet is in compliance with the latest regulations and to plan ahead for
countermeasures.
In 2021, our own fleet was subject to port state control for a total of
242 vessel trips and 2 stalled ships. Both incidents occurred in Shanghai
port and were requested by Shanghai MSA due to lack of safety
management. After the incident, we arranged the ship classification
society to board the ship for additional safety management audit, and
started the ship after the Shanghai MSA approved and obtained the
sailing permit, which caused a total delay of 13 hours for both cases.
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 Chapter 02 Sustainability Governance

2-4-3 Protection of Personal Data Evergreen Marine and its affiliated companies participated.

Evergreen Marine’s Personal Data Management Committee is In 2021, the completion rate of the online course on prevention of insider
composed of decision-making committee members and executive trading reached 100%, and a total of 2,083 personnel in charge of
committee members. The decision-making committee members maritime transport-related business of Evergreen Marine and its affiliated
are served by the top-level managers of five units, namely the Legal companies completed the course and passed the test.
Department, Human Resources Department, Auditing Department,
Seafarers Department, and IT section of Business Coordination to be
responsible for the management and decision-making of personal data-
related matters. The executive committee members are served by
Education and training on laws and regulations in 2021
personnel appointed by each unit to handle the unit's personal data-
related affairs. Evergreen Marine complies with regulatory requirements Education and Number of
Date and Time Attendance
training training sessions
for the collection, processing, utilization, storage and transmission of
personal information, and uses system authority control and encryption
9 sessions + 1858 people +
to prevent the leakage of personal information. It also drafted personal Competition
2021 15 sessions 29 people
laws
information protection clauses for each contracting unit to enter with (expatriate) (expatriate)
counterparties in order to protect the Company's personal information.
Also, to secure the safety of personal information, the Human Resources Anti-bribery / 3 sessions + 468 people +
Anti-corruption 2021 15 sessions 29 people
Department and the Seaman Department have established an access Laws (expatriate) (expatriate)
control system, only authorized colleagues are allowed to enter. GDPR
education and training was conducted for new recruits and expatriates,
with a total of 78 participants in 2021. There was no violation of the GDPR 2021 2 Sessions 78 people
Personal Data Protection Act in 2021.

2-4-4 Compliance Education Economic

2021
15 sessions 29 people
Sanctions Laws (expatriate) (expatriate)
Offered the pre-employment training for new employees, including
courses on "Ethical management and Code of Ethics and Conduct",
Note 1: Attendance includes Evergreen Marine and overseas agency employees
"Anti-corruption/anti-bribery policies", "Competition Laws", and "GDPR" in Note 2: Evergreen Marine had 111 onshore employees who trained in anti-corruption
2021. A total of 99 new recruits from the shipping business department of law, accounting for 6.51% of the total number of employees.

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 2021 Corporate Social Responsibility Report

2-5 Information Security

In response to the IMO requirements for maritime cyber risk, Evergreen have addressed cyber risk issues in fleet safety management system in accordance
with the ISM Code, and obtained third-party certification of company’s Document of Compliance(DoC) in 2021. The system is well managed on both
the shore side and the ship side.

Fleet cyber risk management is based on “IMO MSC-FAL.1/Circ.3 - Guidelines on Maritime Cyber Risk Management”. The cyber risk assessment and
related operational procedures have been addressed in the SE Manual, which includes management of personal storage devices and onboard IT/
OT computer based systems, to reduce the risk of cyber incidents on ships and to regularly review the event of computers virus infections in the fleet as
required. To report addresses of phishing emails for blacklist in accordance with the procedure of SE Manual is also required in order to prevent malicious
email attacks.

The revision of the SE Manual edition 2021 focuses on cyber risk management and clearly defines the captain is the head of onboard cyber risk
management and control, and the second officer is designated as the Ship Cyber Security Officer (SCSO) responsible for reviewing and implementing
countermeasures related to cyber risk. Additionally, to perform onboard cyber security training every six months, and to conduct initial familiarization and
cyber risk assessment for new personnel onboard are addressed in the SE Manual.

65
 Chapter 02 Sustainability Governance

2021 Information Security Projects or Work Items (1)The key points of information security for working from home under
the epidemic prevention responses and case sharing.
1) Evergreen Global Network Firewall Construction Project: To improve
(2)Email Security - Guard against malicious emails and business scams.
global information security protection, the global network firewall
(3)We emphasize the implementation and responsibility of information
structure and construction are planned for each branch. We adopt a
protection of the Company, and that information confidentiality is
zero-trust network structure, and the controlled and authorized access
everyone's responsibility.
of the Evergreen global network are in accordance with business
responsibilities. We have successfully instructed and completed the
3) Promote the introduction of the ISO27001 information security
launch of 39 overseas companies around the world.
management system, and at the same time comply with the domestic
2) Implementation of information security education and training:
regulations "Cyber Security Guidelines for TWSE/TPEx-Listed Companies".
Maintain company information security, disseminate the latest
The establishment of the Chief Information Security Officer is planned
information security concepts to employees, and adopt cloud video
by the Company's Human Resources Department in accordance with
online teaching method. Information security education and training
future regulatory requirements and schedules.
promotion focus for the Company in 2021:

Column
Special Column: Planning of the Evergreen Marine ISO 27001 Introduction

In response to the trend of large international customers to obtain international standard certification for information security standards,
the Operations Unit of the Planning Department has discussed and agreed with the internal cross-system unit in charge and the Evergreen
International Computing Unit to introduce a professional consulting company to assist in the ISO27001:2013 project service. We inspect
and implement the information security management of our company in accordance with ISO27001:2013, and apply for the international
standard certification from the British Standards Institute (BSI) through a consulting company.

Although the information security management of the Company has been established for various aspects of information security norms
and management rules and regulations, they are jointly implemented and followed by all the staff of Evergreen Marine. After obtaining the
Company's ISO27001 certification as scheduled, we will be able to integrate with the world's information security standards and implement
the daily information security business of domestic and foreign companies.

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 2021 Corporate Social Responsibility Report

Sensitive Data and Customer Data Protection

For customer data protection mechanism, we adopt the Role Based Access Control (RBAC) method to control the authority of the database. The
following controls are in place for sensitive information within the Company:
(1) Establish the classification and control of the Company's information assets.
(2) Raise employee awareness of information security through information security education and training.
(3) Supervisors at all levels are responsible for supervising the security of information operations of their staff and preventing illegal and improper
acts; for those who have access to confidential and sensitive information or systems and those who are assigned special access privileges
to the system, the division of labor is appropriately distributed and authority and responsibilities are decentralized, and checks and balances
are established as necessary to implement staff rotation and establish a manpower backup system.
(4) Regulation of Information Outsourcing Service Contracts - Rights, Responsibilities and Procedures of Parties Involving Confidential, Sensitive
or Critical Information
(5) For confidential and sensitive information, special security measures (e.g., using encryption technology) are taken.
(6) For servers that store confidential and sensitive data, in addition to the existing security settings of the operating system, a password
recognition system with a higher security level is required to strengthen the security mechanism of personal identification.
(7) Computer media waste disposal operations containing confidential or sensitive data shall be carried out by dedicated personnel in a secure
manner, with detailed records of processing time, method and personnel.

67
 Chapter 03 綠色航運

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 2021 Corporate Social Responsibility Report

3 Green Shipping
3-1 Carbon Reduction with Technology - Digitalized Shipping

3-2 Green Ships

3-3 Energy and Greenhouse Gas Management

3-4 Emissions Management

3-5 Water Resource Management

3-6 Waste Management

3-7 Maintenance of Marine Environment and Ecosystem Diversity

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 Chapter 03 Green Shipping

3-1 Carbon Reduction with Technology - Digitalized Shipping

3-1-1 Container Yard Electrification and Energy Conservation

Carbon
Electrification Content of electrification Electrification reduction
Location
rate in 2021 initiative target for 2022 outcomes from
2020 to 2021

Not achieved
23 RTG due to the
•9 Quayside gantry cranes
(up to 70% COVID-19
Port of Kaohsiung •4 ARMG
68.90% to be diesel/ pandemic
Container Terminal 4 •23 RTG (diesel/ electric-
electric- and
powered)*
powered) severe port
congestion

Not achieved
due to the
•Full electrification of vehicles
COVID-19
Port of Kaohsiung •9 Quayside gantry cranes
100% 100% pandemic
Container Terminal 5 •6 ARMG
and
•24 RMG
severe port
congestion

Port of Kaohsiung •Full electrification of vehicles Scheduled for

Not yet Not yet
Container Terminal 7 •11 Quayside gantry cranes operation in
operational operational
(Phase 1) •24 ARMG May 2023

Port of Kaohsiung Scheduled for

Not yet • 24 Quayside gantry cranes Not yet
Container Terminal 7 operation in
operational • 60 ARMG operational
(Phase 2) May 2024

Note:
RTG: Rubber tire gantry crane
RMG: Rail Mounted gantry crane
ARMG: Automatic Rail Mounted gantry crane

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 2021 Corporate Social Responsibility Report

Future planning and expected outcomes 3-1-2 Digital Platform

CO2
1 i-B/L
Promotion of i-B/L for Taiwan: i-B/L usage rose by 63% compared to 2021.
Ever green Marine plans to fully adopt 4,000 3,792
Reduce direct
automated ARMG at Port of Kaohsiung
carbon emissions 3,500 2,325
Container Terminal 7, which can reduce
fuel consumption in 24 RTG (diesel/electric- 1630 tons 3,000
powered) at Port of Kaohsiung Container 2,500
reduce carbon
Terminal 4. This initiative is estimated to reduce 1,678
emissions by 2,000
1,630 tons in direct carbon emissions and cut
down on carbon emissions by 15.97%. 15.97% 1,500
1,000

2
256
500

Reduce direct 0
使用量 2018 2019 2020 2021
carbon emissions
Evergreen Marine plans to fully adopt LED
lamps (for high-mast lighting poles) at Port 670 tons
of Kaohsiung Container Terminal 7, which is ShipmentLink:
reduce carbon
estimated to reduce 670 tons in direct carbon Usage of ShipmentLink for Taiwan: The number of website searches
emissions by
emissions and cut down on carbon emissions continued to rise.
by 38.28%. 38.28% 15.65
million 15

3 10 8.07

Reduce direct 5
4.03
1.76 2.87
carbon emissions 1.45
In the future (between 2023 and 2024),
Evergreen Marine plans to install solar panels 4,447,781kWh 0

in the container washing area at Port of Export Import

reduce carbon 2019 Usage of
Kaohsiung Container Terminal 7, covering a 4,027,184 1,453,352
emissions by ShipmentLink
total rooftop area of 2,250 square meters. This 2020 Usage of
8,067,224 1,758,466
initiative is estimated to save 4,447,781 kWh of 2,264 tons ShipmentLink
2021 Usage of
electricity and reduce 2,264 tons in carbon ShipmentLink 15,650,031 2,866,151
emissions.

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 Chapter 03 Green Shipping

Usage of ShipmentLink in Taiwan: The number of mobile app searches the key performance indicator (KPI) set for GreenX is 6,000 actual
reached a new high. bookings shipped, with 72,000 bookings shipped as the annual target.

93,781
100,000 ＧＲＥＥＮ X 2020 2021 difference

80,000
56,232 56,312 Number of bookings 61,654 124,209 62,555
60,000
Number of shipments 22,233 46,167 23,934
40,000

20,000
Number of TEUs shipped 52,594 110,831 58,237

0
Trade finance and its current status
2019 2020 2021
The Shipmentlink website for Taiwan provides quick links to the “Trade
Usage of ShipmentLink 56,232 56,312 93,781 Finance” section set up by seven partner banks, namely ChinaTrust
Commercial Bank, Taipei Fubon Bank, DBS Bank, Cathay United Bank,
Mega International Commercial Bank, Bank SinoPac, and Taishin
International Bank, so that customers can learn more about various
GreenX:
services provided by these banks.
The number of bookings made, the number of bookings shipped, and
container load on the GreenX e-commerce platform rose by 101%,
107%, and 111% compared to 2020, respectively. The substantial increase
Website usage via online platforms in the past three years
in customer utilization was due chiefly to the impact of the COVID-19 (Unit: Number of searches)
pandemic. The e-commerce platform is able to offer customers
convenient services without time and location constraints on any Online platform 2019 2020 2021
bookings made via the platform. In addition, customers no longer need to
sign a contract with shipping companies and make a minimum quantity ShipmentLink 6,524,447 9,825,690 18,516,182(+88%)
(mobile app) (56,232) (56,312) (93,781)
commitment (MQC) in order to enjoy several benefits such as guaranteed
space and priority container pickup, which in turn increases the utilization GreenX
of the e-commerce platform. 12,986,670
(launched in February 0 1,328,847
(+877%)
2020)
Looking ahead to 2022, with market demand estimated to remain strong,
i-B/L (usage) 1,678 2,325 3,792(+63%)
coupled with customers’ growing reliance on the e-commerce platform,

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 2021 Corporate Social Responsibility Report

3-2 Green Ships

3-2-1 Green Fleet Caption:
Take the new 24K A-type ship for example. This brand new

Progress of SOx scrubbers in 2021 and targets for 2022

ship type incorporates a high-efficiency and eco-friendly
design that reduces carbon emissions. It is equipped with
an advanced propeller design aimed at improving hull
Latest Refrigerant with Lower efficiency and ultimately reducing energy consumption.
Global Warming Potential Cargo Hold Bilge Holding Tank The installation of energy-saving devices enables this ship
AMP (Alternative Hybrid SOx Scrubber type to be far superior than that required by the Energy
Maritime Power) System
Efficiency Design Index (EEDI) and the Energy Efficiency
System Ready Electric Deck Existing Ship Index (EEXI). This ship type has also been
Machinery awarded eco labels by classification societies.
ties.
In order to reduce greenhouse gas emissions, discussions
have been held with various classification societies.
Based on these discussions, it has been concluded that
greenhouse gas emissions can be effectively reduced
by lowering the output power of the main engine, which
can be done, for example, using engine power limitation
(EPL), a device that limits the output of the main engine
Ballast Water Gray Water Holding within the optimal range to improve the fuel economy of
Airspace Stern Tube Treatment Plant ships.
Sealing System Latest and Low Friction Type
Saver Stator & Saver Fin Anti-fouling Coating
SARB
Fuel Oil Tank Layout in Compliance with Results in Target for
Maritime Rule Regulation 2021 2022
Percentage of operating
ships retrofitted with SOx 61% 73%
(ABS: ENVIRO Notation、LR:IHM Notation)
Environmental Protection Notation (ABS: ENVIRO Notation、LR:IHM Notation)
scrubbers
Percentage of new ships
100% 100%
retrofitted with SOx scrubbers
A new type of anti-fouling coating, which not only can reduce sailing resistance, but also reduce pollutant emissions, is used in new ship types. Deck machinery is electric-
powered, which not only can avoid the risk of oil leakage, but also ensure zero noise pollution. The stern shaft seal is air-sealed to ensure that stern shaft lubricating oil
does not leak into the ocean and cause oil pollution. As the design of fuel tanks complies with the relevant laws and regulations, no fuel leakage will occur in case of any
collision with the fuel tank, which in turn eliminates oil pollution. Scrubbers are installed for the purpose of controlling greenhouse gas emissions in compliance with SOx
emission regulations in 2020, while ballast water treatment equipment is installed to eliminate foreign microorganisms. Ships are also equipped with storage tanks to store
grey water and cargo tank bilge produced on board. It is not directly discharged into the ocean so as to protect the environment and ecosystem in various areas. Eco-
friendly refrigerant is used in air conditions to protect the ozone layer. Onshore power equipment can be added if required such that there is no need to use onboard
generators during berthing, thereby maintaining air quality in the port area. In the future, air lubrication system will be adopted in the design of the new M-type ship to
further reduce resistance and lower fuel consumption, in hopes of making further contributions to environmental protection.

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 Chapter 03 Green Shipping

3-2-2 Container Design

Environmental benefits of container-related environmental protection initiatives

Initiative Environmental benefit

1.With a view to heeding the call for environmental protection and improving air quality, container manufacturers in China have replaced
solvent-based coatings with water-based ones since 2017. The use of water-based container coatings can not only effectively reduce
volatile organic compound (VOC) emissions, but also mitigate the impact of the greenhouse effect.

Aside from strictly enforcing the inspection of new containers before they leave the factory, Evergreen Marine also assigns personnel to carry
out random checks and inspections on our own containers and leased containers at container yards once every six months for the purpose
of effectively keeping track of the use of water-based coatings. At the same time, we exchange information with paint companies from
time to time.

At present, the China Container Industry Association has proposed the following three approaches to improving environmental protection
for refrigerated containers in July 2021 (where the actual implementation of these approaches depends on market conditions):
I. Insist on the management of sources to achieve low VOC emissions from refrigerated containers
II. Phase out outdated processes to eliminate hot zinc spray
Eco-friendly III. Cancel the bituminous coating process for the base frame of refrigerated containers
container
manufacturing 2.Each year, Evergreen Marine commissions a professional surveyor to inspect new containers at container yards together with the personnel
sent by the Container Affairs Department (however, no personnel was sent to participate in container inspections due to the COVID-19
pandemic since 2020).

Meanwhile, Evergreen Marine implements the requirements of the Approved Continuous Examination Program (ACEP) each year
to evaluate the relevant maintenance and repair works conducted by container yards/terminals we have contracted, with the
aim of ensuring container quality and delivery safety.
Note: The International Convention for Safe Containers (CSC) promulgated by the International Maritime Organization (IMO) requires new containers to
be inspected every 30 months within five years from the date of manufacture so as to meet safety standards. At present, the CSC plate of Evergreen
Group's own containers are printed with the text "ACEP/FR/008" as inspected and approved. Furthermore, the amended provisions of the 2012 new
version of CSC stipulate that “to continuous maintenance of containers to achieve ACEP certification in line with transportation safety, although the
validity period of the certificate is as long as 10 years after it is issued, the issuing entity needs to re-audit the certified unit at least every five years to
implement the container safety inspection mechanism.

reefer container 1.Full adoption of water-based coatings at reefer container manufacturing factory beginning in 2022
factory 2.Substantially reduce VOC emissions

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 2021 Corporate Social Responsibility Report

Percentage of inverter-type refrigerated containers used in 2021 and corresponding environmental benefits

Percentage in Target for 2022 Environmental

Initiative
2021 benefit
Use of Reduce
inverter-type electricity
refrigerated 46% 46.5%
consumption
containers and carbon
emissions

3-2-3 Innovation and R&D

With global warming worsening by the day as technology advances, the pursuit of environmental protection and low emissions has become a global
consensus that has not only triggered the inevitable development of new energy sources, but also given rise to a host of new technologies thanks to
demand for new energy sources. Amid the emergence of abundant competing ideas as a consequence of such developments, the use of any energy
source will have a revolutionary impact on the shipping industry in the future, which is something that Evergreen Marine also has to adopt an open
attitude towards.

Evergreen Marine has been experimenting with various possibilities of new energy applications for our fleet in terms of regulations and equipment, so
that our energy use complies with the IMO 2030 and 2050 carbon reduction requirements. The Supply Department also continues to hold negotiations on
future energy collaboration with various alternative energy suppliers and has signed memorandums of understanding (MoUs) with them in an effort to
achieve the goal of ensuring safe supply of new energy for our fleet. With an eye on reducing nitrogen oxides and sulfur oxides at source, supplemented
by back-end treatment, we endeavor to minimize overall pollutant emissions, so as to achieve an optimal balance between economic benefits and
environmental protection. On the basis of new technologies, shipyards can also further optimize the design of ships based on big data and fluid dynamics
analysis to minimize fuel consumption. The development of new equipment such as air lubrication systems can further reduce energy consumption during
sailing, thus setting an important benchmark for the shipping industry.

As far as ship safety and route planning are concerned, Evergreen Marine has joined hands with shipyards in the development of an intelligence system
for ships to prevent marine pollution arising from maritime safety. This intelligence system provides recommendations on optimal routes for ships, which in
turn improves fuel efficiency, enabling Evergreen Marine to move one step closer to achieving the goal of emission and carbon reduction.

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 Chapter 03 Green Shipping

Innovation and R&D initiative, Expected environmental benefit

Explore the possibility of Develop an intelligence

using new energy sources
Reduce nitrogen oxides and sulfur
oxides, supplemented by back-
end treatment technology, so as to
reduce overall pollutant emissions.
Optimize the design Air lubrication system system in collaboration
of ships with shipyards
Reduce energy consumption
Reduce fuel consumption Provide recommendations on
during sailing. optimal routes to improve fuel
during sailing.
efficiency and reduce carbon
emissions during sailing.

3-3 Energy and Greenhouse Gas Management

3-3-1 Energy Usage
Ships at sea
Mitigating the greenhouse effect is a common goal around the world. With the growingly pronounced greenhouse effect and global warming, the
worsening impact of climate change has undoubtedly become an inevitable issue in corporate sustainability. Following in the footsteps of the Paris
Agreement, the IMO has formulated medium-term and long-term greenhouse gas emission reduction strategies for the entire shipping industry. New
environmental regulations such as the Energy Efficiency Existing Ship Index (EEXI) and the Carbon Intensity Indicator (CII), which will take effect in 2023,
are expected to have an impact on the carbon emission performance and speed of ships. These regulations would hopefully restrain greenhouse gas
emissions from ships.

Since 2007, the Evergreen fleet has been reducing pollutant and greenhouse gas emissions through a wide array of operations management measures,
carbon reduction strategies, the optimization of ship design aimed at lowering energy consumption among ships, and the continuous introduction of new-
generation green ships, in hopes of making contributions to environmental protection on earth. Evergreen Marine implements all-round management in
three areas, namely greenhouse emissions, water consumption, and waste disposal at sea, on land, and in office buildings, aimed at keeping track of
and reviewing energy consumption as well as formulating and implementing reduction plans.

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 2021 Corporate Social Responsibility Report

Rough sea conditions have become one of the climate change events with the most severe impact on Evergreen Marine as it poses a significant threat
to the safety of our fleet. With the intention of ensuring the safety of our fleet, Evergreen Marine has established long-term collaboration with Weather
News Information (WNI) from Japan to provide weather forecasting and consulting services in three major oceans around the world. With the provision
of these services, ships sailing in all corners of the world are notified of weather information in local waters as early as possible so that they can distance
themselves from extreme weather conditions to protect their safety, as well as optimize their routes to reduce fuel consumption.

We have assigned dedicated personnel to perform real-time monitoring

of the fuel consumption of each ship in our fleet and the operating
conditions of their main engine on a daily basis to ensure the thrust Own Vessel CO2 Annual Emission
efficiency of their main engine. Each ship is required to provide
information, such as total fuel consumption and total distance travelled,
to the ship management unit at the head office for the purpose of 103.76
97.42
calculating and compiling statistics on carbon dioxide emissions, so as to
monitor greenhouse gas emissions from our fleet and ultimately achieve 100 90.14
the carbon reduction target of our fleet. Evergreen Marine currently takes
83.54
the following measures to reduce carbon dioxide emissions:

g/TEU-KM
82.18
85 79.85
1. Replace old ships with new ones, where optimal energy efficiency and
72.36
environmental protection are adopted as the concepts of ship design
2. Monitor the fuel consumption of ships and the operating conditions of 70 64.40 64.13
63.02 62.14 63.73
62.00 61.46
their main engine to ensure the thrust efficiency of their main engine 60.66

3. Provide our fleet with real-time weather information so that they can
55
avoid the adverse effects of bad weather on ship speed Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
4. Strive to improve the efficiency of cargo loading and unloading to
shorten the duration of port calls In the wake of severe port congestions worldwide throughout 2021, we
5. Carry out proper planning of the cargo space of ships and reduce the have greatly expanded the shipping capacity of our own ships and
loading of ballast water to maximize economic benefits increased our average ship speed to maintain a stable global supply
6. Apply special anti-fouling coating to ship hull chain. As a result, our carbon emissions rose by 5% compared to the
previous year.
Evergreen Marine has been awarded the ISO 14001:2015 Environmental
Management Systems certification following our efforts in implementing
the environmental protection management system with a responsible
attitude to minimize environmental risks.

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 Chapter 03 Green Shipping

Fleet Energy consumption in the past three years Fuel consumption monitoring

2019 2020 2021 Although marine transportation is the cleanest way to transport goods,
Energy Type
the IMO and the EU have set a carbon dioxide emission index for ships in
Marine heavy fuel oil an effort to address the issue of global warming. Therefore, the IMO and
consumption(ton) 1,676,056 1,699,312 2,378,647
the EU have introduced the fuel oil consumption data collection system
to report information such as fuel consumption data and ship technical
Marine diesel oil
consumption(ton) 213,555 157,977 245,156 parameters on an annual basis. These data have been collected for the
purpose of monitoring greenhouse gas emissions from shipping since 2018.
Marine fuel oil Based on this system, the first step is to propose a monitoring, reporting,
consumption rate 18.2 17.8 14.09 and verification (MRV) mechanism; the second step is to formulate
(g/TEU-km)
specific emission reduction targets for the shipping industry; and the
Energy Type 2019 2020 2021 third step is to implement further measures in the medium term and long
term, such as imposing mandatory measures on the market. In 2021, the
Marine heavy fuel oil Evergreen fleet submitted a total of 114 annual reports, all of which were
(GJ) 68,184,401 69,130,489 96,766,826.81
in line with the scope of the IMO and EU's MRV mechanism.

Marine diesel oil (GJ) 8,941,121 6,614,181 10,264,191.41

Consumption of low-sulfur fuel oil in the past three years
The Evergreen fleet consumed 3,665,169 mt of fuel oil in 2019. Following
Purchased electricity
(kWh) N/A 49,414 86,232.2 the use of fuel oil with less than 0.5% sulfur on the high seas around the
world beginning in 2020, the Evergreen fleet has acquired in advance
Note 1: Marine fuel includes marine heavy oil and marine diesel oil 601,934 mt of low-sulfur fuel oil in 2019 to reduce sulfur emissions. In 2020,
Note 2: Fuel consumption is the sum of actual monthly fuel consumption the Evergreen fleet consumed 3,467,546 mt of fuel oil, including 2,148,354
Note 3: The emission statistics only consist of fuel consumption in Evergreen Marine's own mt of low-sulfur fuel oil. Thanks to the ongoing addition of new ships, the
fleet during and before 2020. Evergreen Marine's data for 2021 have been verified fuel efficiency of the Evergreen fleet improved while fuel consumption
according to the ISO 14064-1:2018 Greenhouse Gas Requirements. The fuel
declined. However, severe port congestion around the world has pushed
consumption of the ships shown in the table includes own and chartered ships
up fuel consumption. Therefore, the Evergreen fleet consumed 3,703,747
operated throughout 2021.
Note 4: Energy conversion factors are determined based on the heating values of various mt of fuel oil in 2021, including 1,743,964 mt of low-sulfur fuel oil.
energy products announced by the Bureau of Energy, Ministry of Economic Affairs
(as of June 20, 2018). The calorific value of marine heavy oil is 9600 (Kcal/L); the
calorific value of marine diesel oil is 8400 (Kcal/L). The density of fuel used is in IMO
published information (February 25, 2021). The use of sulfur for marine heavy oil is 0.988
(kg/L); the density of marine diesel oil is 0.88 (kg/L).
Note 5: The 2019-2020 data in this table have been re-calculated.

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 2021 Corporate Social Responsibility Report

2019 2020 2021

Total fuel Column
consumption of 3,665,169mt 3,467,546mt 3,703,747mt
the fleet

Low-sulfur fuel oil 601,934mt 2,148,354mt 1,743,964mt

Behind the Scenes:
Evergreen Marine's Fuel
Proportion of low-
sulfur fuel oil 16% 62% 47% Consumption Management Methods

1. Require each ship to report its fuel consumption status on a

Evergreen Marine's ongoing efforts in energy conservation and carbon
daily basis, and, in case of any anomaly in fuel consumption,
reduction over the years have been reflected in the declining fuel
establish communication with the ship to learn about the
consumption of our ships from year to year and the continuous decrease
anomaly
in carbon dioxide emissions from our fleet. Our annual fleet emission
2. Hold fuel oil platform meetings to discuss recent changes
data are also verified by a third party named the Japan
and future trends in the oil market, as well as formulate and
Marine Association (ClassNK). We have set up the "Corporate
deliberate on procurement policy
Sustainability" section on our official website to not only
3. Develop optimal inventory levels to monitor fuel consumption
introduce our environmental protection measures, but also Corporate
and refuel amount
publish our annual data related to environmental protection. Sustainability
4. Continue to supply qualified low-sulfur fuel oil to our fleet in
line with the IMO's requirement of using low-sulfur fuel oil on
the high seas around the world
5. Arrange the appropriate amount of fuel based on the
optimal fueling port for each route to avoid affecting cargo
load. Due to fueling restrictions at many ports amid the
COVID-19 pandemic in 2021, Evergreen Marine has taken
several contingency measures such as receiving fuel supply
at different fueling ports or multiple ports.

All our new ships are equipped with SOx scrubbers to comply
with SOx emission regulations. Ships sailing through emission
control areas (ECAs) are also equipped with the selective
catalytic reduction (SCR) system to comply with NOx emission
regulations.

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 Chapter 03 Green Shipping

Onshore operations
In 2021, the Kaohsiung Terminal Division experienced an overflow of loaded containers following an increase in average container storage volume at Port
of Kaohsiung Container Terminal 4. Due to this incident, the rail-mounted gantry cranes at Container Terminal 4 had to be powered by diesel oil, which in
turn led to a 32.09% increase in diesel consumption and an 8.09% decrease in electricity consumption. The magnitude of increase in energy consumption
at container terminals in 2021 is detailed as follows:
1. The total operation volume at container terminals fell by 16.54%.
2. The total average container storage volume at container terminals increased by 15.22%.
3. The total average container storage rate at container terminals increased by 11.98%.
4. The total average container restow rate at container terminals increased by 9.53%.

In line with the environmental protection policy at Evergreen Marine, the General Affairs Department has rolled out the initiative to gradually replace
energy-consuming company vehicles over seven years of age with new hybrid vehicles, with the intention of cutting down on gasoline consumption and
reducing carbon emissions.

80
 2021 Corporate Social Responsibility Report

Onshore Energy consumption for the past three years Onshore Energy consumption for the past three years
2019 2020 2021 2019 2020 2021
Kaohsiung Terminal Division Kaohsiung Terminal Division
Diesel consumed by vehicles
and machines (liter) 1,086,669 1,288,950 1,702,551 Diesel oil consumption (GJ) 38,219.02 45,333.40 59,880.08

Gasoline consumption (liter) 37,675 38,332 38,836 Gasoline consumption (GJ) 1,230.41 1,251.87 1,268.33

Fuel use intensity (liter/

operation volume) 1.26 1.37 1.48 Electricity consumption (GJ) 144,330.57 171,186.67 163,596.00

Electricity consumption in
24,414,865 24,816,252 22,807,873
vehicles and machines (kWh) Nankan Office Building
Total electricity consumption
(including buildings, Gasoline consumption (GJ) 235.53 202.16 179.26
refrigerated containers, and 40,091,825 47,551,853 45,443,332
other ancillary facilities) Electricity consumption (GJ) 22,052.16 21,623.76 21,250.80
Energy use intensity in
vehicles and machines 3.67 3.93 3.99
(kWh/operation volume) Kaohsiung Terminal Division and Nankan Office Building in total

Nankan Office Building Diesel consumption (GJ) 38,219.02 45,333.40 59,880.08

Gasoline consumption (liter) 7,212 6,190 5,489

Gasoline consumption (GJ) 1,465.95 1,454.03 1,447.59
Total electricity consumption
(kWh) 6,125,600 6,006,600 5,903,000 Total electricity consumption
(GJ) 166,382.73 192,810.43 184,846.80
Energy use intensity (EUI)
(kWh/m²) 218.49 214.24 221.68 Note 1:Diesel consumption is measured using the amount of diesel oil received; gasoline
consumption is measured using refuel amount; and electricity consumption is
Kaohsiung Terminal Division and Nankan Office Building measured based on electricity meter readings
Note 2: Operation volume refers to the number of containers loaded and unloaded by
vehicles and machines (diesel- or electric-powered)(BOX)
Diesel consumption (liter) 1,086,669 1,288,950 1,702,551 Note 3: The amount of diesel oil received by vehicles and machines in 2021 also includes the
amount of diesel oil used by non-operating vehicles, machines, and equipment
Note 4: Electricity consumption refers to the actual amount of electricity used, whereas
Gasoline consumption (liter) 44,887 44,522 44,325
gasoline consumption is calculated based on fuel slips
Note 5: Energy use intensity = Amount of purchased electricity used/Total building floor area
Total electricity consumption
(kWh) 46,217,425 53,558,453 51,346,332 (26,628.57m²)

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 Chapter 03 Green Shipping

3-3-2 Greenhouse Gas Emissions a port call. Discontinuing the use of onboard power generators can
effectively reduce direct emissions during port calls, thereby achieving
Greenhouse Gas Inventory and Verification the goal of reducing waste gas emissions in the port area.

In order to promote the Greenhouse Gas Inventory, Evergreen Marine

The F-type, L-type, S-type and E-type ships under Evergreen Group
set up a "Greenhouse Gas Inventory Promotion Team". We follow the
are equipped with onshore power systems. In 2021, the Evergreen fleet
Greenhouse Gas Protocol (GHG Protocol) published by the World
consumed 23,953,388 kWh of electricity from onshore power equipment,
Business Council for Sustainable Development (WBCSD)/World Resources
which can reduce approximately 12,024 tons in carbon dioxide emissions.
Institute (WRI) ) and the ISO 14064-1:2018 and uses the operational control-
based approach to define organizational boundaries. Evergreen Marine
Corp. (Taiwan) Ltd. was awarded GHG Protocol and ISO 14064-1:2018
certifications in July 2022 with the organizational boundary of office
buildings and container terminals in Taiwan, and container ships operated Energy efficiency design index of new ships
by Evergreen Marine.
Number of new ships EEDI (gCO2/ton-nautical
Ship name/model delivered between mile)
2013 and 2021
Opinion Statement Opinion Statement
Greenhouse Gas Emissions
Verification Opinion Statement
This is to verify that: Evergreen Marine Corp. (Taiwan) Ltd.
1-4F.
長榮海運股份有限公司
臺灣
Greenhouse Gas Emissions
Verification Opinion Statement
This is to verify that: Evergreen Marine Corp. (Taiwan) Ltd.
1-4F.
長榮海運股份有限公司
臺灣
A-type ship 4 6.07
No. 166, Sec. 2, Minsheng E. Rd. 台北市 No. 166, Sec. 2, Minsheng E. Rd. 台北市
Zhongshan Dist. 中山區 Zhongshan Dist. 中山區
Taipei City 104473 民生東路二段 166 號 Taipei City 104473 民生東路二段 166 號
Taiwan 1-4 樓 Taiwan 1-4 樓

B-type ship
104473 104473

20 18.35
Holds Statement No: GHGEV 776356 Holds Statement No: GHGEV 776356-1

Verification opinion statement Verification opinion statement

As a result of carrying out verification procedures in accordance with ISO 14064-3:2006, it is the opinion of BSI with As a result of carrying out verification procedures in accordance with ISO 14064-3:2006, it is the opinion of BSI with
reasonable assurance that: reasonable assurance that:

 The Greenhouse Gas Emissions with Evergreen Marine Corp. (Taiwan) Ltd. for the period from 2021-01-01 to
2021-12-31 was verified, including direct greenhouse gas emissions 8,227,611.6680 tonnes of CO2 equivalent and
indirect greenhouse gas emissions from imported energy 28,637.2684 tonnes of CO2 equivalent.
 No material misstatements for the period from 2021-01-01 to 2021-12-31 Greenhouse Gas Emissions calculation
were revealed.
 Data quality was considered acceptable in meeting the principles as set out in ISO 14064-1:2018.
 The Greenhouse Gas Emissions with Evergreen Marine Corp. (Taiwan) Ltd. for the period from 2021-01-01 to
2021-12-31 was verified, including scope 1 emissions 8,227,611.6680 tonnes of CO2 equivalent and scope 2
emissions 28,637.2684 tonnes of CO2 equivalent.
 No material misstatements for the period from 2021-01-01 to 2021-12-31 Greenhouse Gas Emissions calculation
were revealed.
 Data quality was considered acceptable in conformance with the GHG Protocol Accounting and Reporting Standard.

C-type ship
 The emission factor for electricity for year 2021 is not published by Taiwan government so far, the emission factor  The emission factor for electricity for year 2021 is not published by Taiwan government so far, the emission factor
used for electricity is 0.502 kilograms of Carbon Dioxide equivalent per kWh instead which may potentially result in used for electricity is 0.502 kilograms of Carbon Dioxide equivalent per kWh instead which may potentially result in

40 16.24
different Greenhouse Gas Emission estimates. different Greenhouse Gas Emission estimates.

The other selected indirect GHG emissions listed in the attached table on the next page were also reported and thus
verified with limited assurance, and data quality was not considered unacceptable in meeting the principles as set out in The other selected scope 3 emissions listed in the attached table on the next page were also reported and thus verified
ISO 14064-1: 2018. with limited assurance, and data quality was not considered unacceptable in conformance with the GHG Protocol Corporate
Standard.

For and on behalf of BSI: For and on behalf of BSI:

Managing Director BSI Taiwan, Peter Pu Managing Director BSI Taiwan, Peter Pu

Originally Issue: 2022-07-22 Latest Issue: 2022-07-22 Originally Issue: 2022-07-22 Latest Issue: 2022-07-22

F-type ship
Page: 1 of 3 Page: 1 of 3

The British Standards Institution is independent to the above named client and has no financial interest in the above named client. This Opinion Statement has been
prepared for the above named client only for the purposes of verifying its statements relating to its carbon emissions more particularly described in the scope. It
was not prepared for any other purpose. The British Standards institution will not, in providing this Opinion Statement, accept or assume responsibility (legal or
otherwise) or accept liability for or in connection with any other purpose for which it may be used or to any person by whom the Opinion Statement may be read.
This Opinion Statement is prepared on the basis of review by The British Standards Institution of information presented to it by the above named client. The review
does not extend beyond such information and is solely based on it. In performing such review, The British Standards Institution has assumed that all such
information is complete and accurate. Any queries that may arise by virtue of this Opinion Statement or matters relating to it should be addressed to the above
name client only.
The British Standards Institution is independent to the above named client and has no financial interest in the above named client. This Opinion Statement has been
prepared for the above named client only for the purposes of verifying its statements relating to its carbon emissions more particularly described in the scope. It
was not prepared for any other purpose. The British Standards institution will not, in providing this Opinion Statement, accept or assume responsibility (legal or
otherwise) or accept liability for or in connection with any other purpose for which it may be used or to any person by whom the Opinion Statement may be read.
This Opinion Statement is prepared on the basis of review by The British Standards Institution of information presented to it by the above named client. The review
does not extend beyond such information and is solely based on it. In performing such review, The British Standards Institution has assumed that all such
information is complete and accurate. Any queries that may arise by virtue of this Opinion Statement or matters relating to it should be addressed to the above
name client only.
8 8.29
Taiwan Headquarters: 2nd Floor, No. 37, Ji-Hu Rd., Nei-Hu Dist., Taipei 114, Taiwan, R.O.C. Taiwan Headquarters: 2nd Floor, No. 37, Ji-Hu Rd., Nei-Hu Dist., Taipei 114, Taiwan, R.O.C.
BSI Taiwan is a subsidiary of British Standards Institution. BSI Taiwan is a subsidiary of British Standards Institution.

O-type ship 4 13.3

Average 15.27
Shore power for ships
As a ship can dock at a port for up to several days for loading and Own and Chartered Fleet Direct greenhouse gas emissions in the past
unloading purposes, lighting and air conditioners on board are powered three years
by the ship's own power generator, which emits not only carbon dioxide, 2019 2020 2021
but also other substances that may affect air quality. In an effort to Fleet CO2 emissions
8,029,240 7,885,075 8,193,076
address the problem of air emissions from ships at berth, Alternative (tCO2e)
Maritime Power (AMP) can be used as an onshore power supply facility Fleet CO2 emission rate
41.20 41.12 42.68
at the port, which ships can connect to and receive power supply during (g/TEU-km)

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 2021 Corporate Social Responsibility Report

Note 1: Scope 1 (direct) greenhouse gas emissions only comprises of carbon dioxide
emissions.
Note 2: Greenhouse gases are measured using greenhouse gas emissions, where
greenhouse gas emissions = energy consumption * greenhouse gas emission
factor. Greenhouse gas emission factors are adopted from the IMO's Resolution
MEPC.308(73) and the Greenhouse Gas Emission Factor Management Table
version 6.0.4 (based on 20 values in the IPCC 5th Assessment Report as of June
2019) published by the Environmental Protection Administration, Executive Yuan.
Greenhouse gas emissions are calculated using the operational control method.
Note 3: Before 2020, only the own fleet will be counted. The company's 2021 data
has obtained ISO14064-1:2018 greenhouse gas emission certification. The
verification boundary is different from the boundary of independent carbon
inventory in previous years. The carbon emissions in the above table include
the company and its subsidiaries in 2021. Vessels operated during the year
(including chartered vessels)
Onshore operations
The sources of greenhouse gas emissions from onshore operations can be
divided into two types:
1. Sources of Scope 1 emissions, which are direct greenhouse gas
emissions from vehicles and machines for port or container terminal
operations, such as gantry cranes and empty container handlers, as
well as gasoline consumption in company vehicles.
2. Sources of Scope 2 emissions, which are indirect greenhouse gas
emissions from vehicles and machines for port or container terminal
operations, such as quayside gantry cranes, gantry cranes, refrigerated
containers, offices, buildings, and other electric-powered ancillary
facilities.

Onshore Greenhouse gas emissions in the past three years

2019 2020 2021 2019 2020 2021

Kaohsiung Terminal Division Nankan Office Building

Direct greenhouse gas Direct greenhouse gas

emissions (tCO2e) 2,917.12 3,501.13 7,970.16 emissions (tCO2e) 16.32 14.58 138.03

Indirect greenhouse gas Indirect greenhouse gas

emissions (tCO2e) 21,368.94 24,203.89 22,812.55 emissions (tCO2e) 3,264.94 3,057.36 1,679.44

Greenhouse gas emission Greenhouse gas emission

intensity (tCO2e/operation 3.24 3.82 4.48 0.12 0.11 0.07
volume) intensity (tCO2e/M²)

Note 1: Scope 1 (direct) greenhouse gas emissions are measured using the equivalent amount of carbon dioxide emitted due to the use of diesel oil in vehicles and machines. Scope 2 (indirect)
greenhouse gas emissions are measured using the equivalent amount of carbon dioxide emitted due to the use of electricity in vehicles and machines. Greenhouse gas emissions
are calculated using the operational control method. Estimation method and source of emission factors: Greenhouse gas emissions = energy consumption * greenhouse gas emission
factor. Greenhouse gas emission factors are adopted from the Greenhouse Gas Emission Factor Management Table version 6.0.4 (based on values in the IPCC 5th Assessment Report
as of June 2019) published by the Environmental Protection Administration, Executive Yuan
Note 2: Operation volume refers to the number of containers loaded and unloaded by vehicles and machines (diesel- or electric-powered)
Note 3: Scope 1 (direct) greenhouse gas emissions are measured using the equivalent amount of carbon dioxide emitted due to the use of gasoline in company vehicles. Scope 2 (indirect)
greenhouse gas emissions are measured using the equivalent amount of carbon dioxide emitted due to the use of electricity in office buildings. Greenhouse gas emissions are
calculated using the operational control method
Note 4: Greenhouse gas emission intensity = Greenhouse gas emissions/Total building floor area (26,628.57 m2)
Note 5: Evergreen Marine’s data for 2021 have been verified according to the ISO 14064-1:2018 Greenhouse Gas Requirements. The boundary was different from those of 2019 and 2020

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Total greenhouse gas emissions

Scope 2019 2020 2021 Note 1: The emission statistics only include carbon emissions from Evergreen Marine's own fleet,
Nankan Office Building, and Kaohsiung Terminal Division during and before 2020
Scope 1 emissions
(tCO2e) 5,906,832.44 5,801,649.70 8,227,611.67 Note 2: Evergreen Marine’s data for 2021 have been verified according to the ISO 14064-1:2018
Greenhouse Gas Requirements. The fuel consumption of the ships shown in the table
includes own and chartered ships operated throughout 2021. Scope 1 emissions of own
Scope 2 emissions
(tCO2e) 24,633.88 32,247.86 28,637.27 and chartered ships, Nankan office building and Kaohsiung Terminal Division in 2021
totaled 8,201,148.19 tCO2e, the extra 26,463.48 tCO2e came from other onshore sites
Scope 3 emissions Note 3: Scope 3 emissions (Category 3 to 6) encompass Category 3 Fuel and Energy related
(Category 3 to 6) N/A N/A 4,685,343.23 Activities, Category 5 Waste Generated in Operations, Category 6 Business Travel, and
(tCO2e) Category 7 Employee Commuting

3-3-3 Reduction Targets and Performance

Ship emission management
According to the statistics provided by IMO, carbon dioxide emissions from the shipping industry constitute 2.8% of primary greenhouse gas emissions in
the world. If left unchecked, the proportion of such emissions may reach 15% by 2050. With the aim of developing green shipping in line with the global
trend, Evergreen Marine completed our greenhouse gas inventory in 2021 according to ISO 14064 and the Greenhouse Gas Protocol to grasp our actual
emissions. At the same time, Evergreen Marine has set carbon dioxide reduction targets with 2008 as the base year, and planned to achieve a 50%
reduction in carbon dioxide emissions by 2030. We also look forward to achieving the goal of carbon neutrality by 2050 as a core value of Evergreen
Marine's response to global climate change.

With a commitment to environmental protection, Evergreen Marine tracks and analyzes the energy consumption of our ships to improve energy
efficiency, as well as runs the operation efficiently to achieve the goal of energy conservation and carbon reduction. At the same time, we adopt the
latest ship weather routing system to provide the safest and most fuel-efficient routes for individual ships in real time, in hopes of achieving the goal of
energy conservation and carbon reduction with the lowest fuel consumption. In addition, each ship is equipped with the load stability calculation system
approved by classification societies, which can quickly calculate the optimal trim, draft, counterweight, and hull stress distribution under any load situation
to ensure the optimal thrust efficiency in safe conditions.

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Onshore operations

Reduce the number of

Reduction Reduction Reduction in days an empty container
Emissions
Reduction plan in fuel in energy greenhouse gas dwell time at inland
Category
consumption consumption (GJ) emissions (ton)
container depot/terminal

RTA 2
optimization 18,228 640,635 56,762 (Scope 1)
5 Reduce the frequency
Implement waste of moving empty
Route optimization management containers
4,039 141,953 12,577 (Scope 1)
and recycling There are five between at
major carbon a container
Ship speed reduction depot
optimization 3,218 113,098 10,021 (Scope 1)
strategies for inland container / terminal
depot/terminals:
Total 25,485 895,687 79,360 (Scope 1)

Note 1: The carbon dioxide emission factors for fuel oil are adopted from the IMO's 4 3
MEPC Circ.471 dated July 29, 2005, whereas the heat values for fuel oil are Reduce energy Reduce
taken from the Unit Heat Value Table for Energy Products published by the consumption non-essential
Bureau of Energy. The type of greenhouse gas included in the calculations is container repair and
carbon dioxide. washing
Note 2: RTA stands for required time of arrival.
Note 3: Reduction in energy consumption is calculated using the average fuel
consumption for the same voyage in the year, whereas reduction in fuel
consumption is the sum of the average reduction in fuel consumption for The benefits of carbon reduction at Evergreen Marine's Nankan Office Building
each optimal route. are listed as follows:
1. Company vehicles consumed 5,489 liters of gasoline in 2021, a 11.3% decrease
from 2020, due to reduced use of company vehicles for business trips amid the
COVID-19 outbreak.
2. Evergreen Marine consumed 5,903,000 kWh of electricity in 2021, a decline of
103,600 kWh from 2020, due to the implementation of work-from-home and
remote work initiatives amid the COVID-19 pandemic.

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Benefits of carbon reduction at office buildings in onshore operations

Estimated
Initiative Environmental benefit
completion date

Installing energy-saving expanded polystyrene (EPS) insulation panels on the old exterior wall
Green building renovation for the
December tiles as well as reinforcing the waterproof and anti-cracking protective layer and the textured
exterior wall of Evergreen Marine's
2022 breathable and waterproof coating layer can effectively insulate the office building and
Nankan Office Building
reduce the use of air conditioners.

Use of the latest eco-friendly refrigerant
in the air conditioning system at
March 2022
Evergreen Marine's Taipei Office
Building
Using the latest eco-friendly R134a refrigerant in the new air conditioning system at the office
building can reduce the impact of refrigerants on the ozone layer.
Two new 250-ton air conditioners, which are run using magnetic levitation without refrigerant
oil and air compressors, can reduce electricity consumption by around 30% according to data
provided by the Industrial Technology Research Institute (ITRI). The absence of refrigerant oil
and air compressors in these air conditioners also reduces future maintenance costs.

Installation of energy-saving devices The three new elevators at the office building are equipped with regenerative converters.
September
for elevators at Evergreen Marine's According to previous test data published by the Environmental Protection Administration,
2022
Taipei Office Building these new elevators can save around 20 to 30% of electricity compared to the old ones.

Installation of energy-saving devices The four new elevators at the office building are equipped with regenerative converters.
December
for elevators at Evergreen Marine's According to previous test data published by the Environmental Protection Administration,
2022
Nankan Office Building these new elevators can save around 20 to 30% of electricity compared to the old ones.

Switch from the chain-type parking

system to the hydraulic parking system
in the mechanical parking garage
at Evergreen Marine's Nankan Office
Building
The new mechanical parking garage is operated with hydraulic elevation. With this new
parking system, a parking space descends when the throttle valve applies decompression
January 2022
without using electricity. Hence, this system can also save up to 20% of electricity in the
process.

The carbon emission reduction action plans for the Kaohsiung Terminal Division, with 2020 as the base year, are listed as follows:
1. The gantry cranes at Port of Kaohsiung Container Terminal 5 were originally equipped with sodium lamps. In an effort to reduce energy consumption,
these lamps, in case of damage, have been replaced with LED lamps since 2021. A total of 15 sodium lamps have so far been replaced with LED lamps.
2. Port of Kaohsiung Container Terminal 4 has increased the use of onshore power among ships in line with the energy use reduction initiative. A total of 20
Evergreen ships have used onshore power as of 2021.

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Reduction action plans for the Kaohsiung Terminal Division in 2021 (Scope 2)

Energy savings Reduction in energy Reduction in greenhouse Emissions

Energy conservation plan Quantity
(kWh) consumption (GJ) gas emissions (kgCO2e) Category
Replacement of sodium lamps with LED lamps in gantry
15 32,850 118.26 16,490.70 Scope 2
cranes at Kaohsiung Container Terminal 5

Use of onshore power at Kaohsiung Container Terminal 4 20 512,419 1,844.71 257,234.39 Scope 2

Total 35 545,269 1,962.97 273,725.10 Scope 2

Note 1: According to the greenhouse gas emission factors version 6.0.4 (based on values in the IPCC 5th Assessment Report) published by the Bureau of Energy in 2020, the greenhouse gas
emission factor for electricity is 0.509 kg CO2e/kWh.

3-4 Emissions Management

3-4-1 Nitrogen Oxide/Sulfur Oxide Emissions
Nitrogen oxide emissions
In order to control NOx emissions, Annex VI of the International Convention for the Prevention of Pollution from Ships (MARPOL) stipulates the NOx emissions
standards for marine diesel engines, which are divided into three tiers, namely Tier I, Tier II, and Tier III.

Comprehensive NOx emission controls are implemented by Evergreen Marine’s fleet during ship construction, equipment upgrades, and voyages
to ensure proper emission controls at all times. New ships are equipped with engines and
generators that meet Tier I, Tier II or Tier III requirements for low NOx emission rates as appropriate. Tier Evergreen Marine's qualified ships
Any calibration, replacement of spare parts or refitting that may affect NOx emission rates are
carried out according to the original manufacturer's technical specifications. The parameters Tier I D-, E-, U- and S-type ships
of the main engine (or generator) are recorded in the main engine (or generator) log book for
inspection by the port state if needed to ensure compliance with emission standards stipulated
Tier II A-, B-, C-, L-, and O-type ships
in the international convention. In Evergreen Marine’s current fleet, the D-, E-, U, and S-type
ships conform to Tier I emission standards, while the A-, B-, C-, L- and O-type ships conform to Tier
II emission standards. The F-type ship is one of the few environmentally friendly ships in the industry Tier III F-type ships
that meet Tier III emission standards, the most stringent NOx emission standards set forth by the
IMO.

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NOX Annual Emission oil used by ships to 0.5% or less. This resolution has undoubtedly posed a
huge challenge to the global shipping industry. Evergreen Marne’s fleet
3.047 emitted 52.335 tons of sulfur oxides in 2020. Beginning in 2020, the sulfur
3.200
content of fuel oil must not exceed 0.5% mass by mass; in particular, the
sulfur content of fuel oil in special sulfur oxide emission control areas must
2.800 2.531
be reduced to 0.1% mass by mass. At the same time, in line with the rollout
of the global fuel sulfur limit in 2020, Evergreen Marine has also installed
2.400 SOx scrubbers and used low-sulfur fuel oil to reduce sulfur oxide emissions.
As of the end of 2021, 74 ships or 62% of Evergreen Marine’s own fleet
g/TEU-KM

2.000 have been retrofitted with SOx scrubbers.

1.614
1.556 1.565
1.537
1.600 SOX Annual Emission
1.289 1.252
1.223 1.222 1.209
1.216 1.226 1.183 1.975
1.200 1.142 1.867
2.100 1.687

g/TEU-KM
1.485

0.800 1.430 1.314

Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 1.600 1.262
1.087 0.995
0.981
0.956 0.947 0.926
Air pollutant 2019 2020 2021 1.100

Nitrogen oxides
111,376 109,143 126,137
(metric ton) 0.600
0.185
0.171
Nitrogen oxides (g/
1.183 1.142 1.209
TEU-km) 0.100
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

Sulfur oxide emissions

Air pollutant emissions in the past three years
With a focus on sustainable development, Evergreen Marine is committed
Air pollutant 2019 2020 2021
to implementing environmental protection policies in an effort to reduce
the use of sulfur in fuel oil. Sulfur oxides (metric
83,945 52,335 19,184
ton)

At the 70th meeting of the Marine Environment Protection Committee Sulfur oxides (g/TEU-
0.926 0.171 0.185
(MEPC), the IMO passed a resolution to limit the sulfur content of fuel km)

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3-4-2 Ozone-depleting Substances and Others

Ozone-depleting substances
The ozone layer, located in the stratosphere, is a layer of the Earth's atmosphere with a relatively high ozone concentration. The main function of the
ozone layer is to block ultraviolet rays from entering the atmosphere. Since the 1970s, the ozone layer has been depleting at a 4% rate every decade.
This phenomenon is known as the ozone hole. The hole in the ozone layer causes a rise in the amount of ultraviolet rays entering the earth, which has
led to not only an increased number of patients with cataracts, skin cancer, and other diseases, but also the extinction of some organisms. Ozone
depletion is primarily resulted from the catalytic effect of both chlorides and bromides on ozone decomposition. These halogens mainly originate
from chlorofluorocarbons (CFCs) that are released from the ground. Therefore, the 1987 Montreal Protocol restricts the production of ozone-depleting
substances such as CFCs.

In addition, amendments to MARPOL Annex VI, which were approved by the IMO and took effect on July 1, 2010, require all refrigerant-using equipment
on board to be recorded in the engine log and cabin air conditioner log (or chiller log) after filling, repair or maintenance, and discharge. Although the
regulation primarily covers the management of ozone-depleting substance emissions.
Evergreen Marine’s fleet requires all its ships to manage and record all their refrigerants. Our green ships adopt the next generation of eco-friendly
refrigerants, which not only comply with international air pollution regulations, but also do not damage the ozone layer on earth. With a global warming
potential of less than 2,000, our green ships can make further contributions to controlling the greenhouse effect on earth.

The ban on ozone-depleting substances is detailed as follows. No

substances that may damage the ozone layer were emitted in 2021

Name Banned Substances

Halon Banned

CFCs．such as R-12 Banned

HCFCs ．such as R-22 Banned since2020

Air pollutant emissions in the past three years

2019 2020 2021

Ozone-depleting
0 0 0
substances (g/TEU-km)

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3-5 Water Resource Management

3-5-1 Water Consumption
Evergreen Marine's entire fleet uses residual heat generated from recycled cooling water in ship engines. At the same time, our fleet distills seawater and
produce fresh water on its own using low-temperature vacuum heat exchangers, where 20 to 30 tons of fresh water can be produced each day. Thanks
to its self-sufficiency in fresh water production, our fleet is capable of meeting water demand for equipment and domestic use, thereby reducing the
consumption of inland water resources. Furthermore, the optimal water refill port has also been set for each route. Each ship is required to apply for water
refill at the optimal port before arrival. The water refilled at the terminal is the fresh water stored naturally in the reservoir.

Evergreen Marine's office buildings and Kaohsiung Terminal Division receive water supply from the water company. Evergreen Marine consumed
48,467 cubic meters of water in total throughout 2021. In 2021, fresh water consumption increased due to long queuing time for ships due to severe port
congestion around the world. As fresh water for ships primarily comes from natural water sources, there is no issue over competition with local residents for
water resources at all. If a local port is unable to supply fresh water, ships will be asked to move to other ports to receive fresh water supply.

Water withdrawal in onshore operations for the past three years

2019 2020 2021
Third-party
water (mainly 50.38 51.35 48.47
groundwater)

Total water
50.38 51.35 48.47
withdrawal

Note 1: Total amount of water withdrawn from each source = Amount of fresh water in this
category + Amount of water from other sources. Fresh water is a liquid with total
dissolved solids ≤ 1,000 mg/L.
Note 2: Surface water includes lakes and rivers.
Note 3: Total water withdrawal is the sum of the total amounts of sur face water,
groundwater, seawater, produced water, and third-party water withdrawn.
Note 4: Evergreen Marine’s data for 2021 have been verified according to the ISO 14064-
1:2018 Greenhouse Gas Requirements. The water withdrawal shown in the table
above covers Evergreen Marine's office buildings and Kaohsiung Terminal Division

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Water withdrawal in ships at sea for the past three years

2019 2020 2021

Type Water withdrawal

Water withdrawal in Water withdrawal in
Water withdrawal Water withdrawal in water-stressed Water withdrawal
water-stressed areas water-stressed areas
areas

Fresh water 88.60 N/A 81.68 N/A 73.63 N/A

Surface
water Surface water
88.60 N/A 81.68 N/A 73.63 N/A
(total)）

Total water withdrawal 88.60 N/A 81.68 N/A 73.63 N/A

Note 1: Total amount of water withdrawn from each source = Amount of fresh water in this category + Amount of water from other sources. Fresh water is a liquid with total dissolved solids ≤ 1,000
mg/L, whereas other types of water are water with total dissolved solids > 1,000 mg/L. Unit: million liters
Note 2: Surface water includes lakes and rivers.
Note 3: Total water withdrawal is the sum of the total amounts of surface water, groundwater, seawater, produced water, and third-party water withdrawn.
Note 4: Water-stressed areas are disclosed on the Aqueduct website provided by the World Resources Institute (WRI). No statistics on water withdrawals in water-stressed areas are available as
it is not possible to compile the relevant statistics in the locations of water withdrawn by ships.

3-5-2 Water Discharge

Ships at sea
Engine room bilge water has to be treated using an oil-water separator that satisfies MARPOL requirements, and can only be discharged into the sea
under several conditions: the ship is sailing at a specific speed; the oil content of bilge water is less than 15 ppm; and the ship is sailing in non-Antartic
regions. Evergreen Marine's fleet is equipped with MARPOL-compliant oil-water separators to treat bilge water before it is discharged at more than 15/25
nautical miles off the coast. Our coastal and port environmental protection policy exceeds MARPOL requirements.

Greywater refers to runoff from dish-washing, bathing, laundry, showers and wash-basins. While greywater disposal is currently not covered under
MARPOL, Evergreen Marine has gone above and beyond MARPOL requirements by installing or modifying greywater storage tanks on our ships. In the
future, all our ships will be equipped with greywater storage tanks. At present, greywater storage tanks have been installed on nearly 107 ships. Greywater
is stored in the greywater storage tank on each ship, rather than being discharged into waters within 15/25 nautical miles off the coast.

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Onshore operations
Wastewater produced at Evergreen Marine's office General-use water Domestic sewage Industrial wastewater
buildings comes from domestic water use, and is channeled to wastewater channeled from Port of
naturally
discharged naturally into public sewers. treatment facilities built Kaohsiung Container Terminal
discharged into
by Port of Kaohsiung. 4 and No. 5 to wastewater
Water withdrawal and discharge management public sewers.
When these facilities treatment plants in accordance
measures at the Kaohsiung Terminal Division are full, qualified with the relevant regulations. It is
professional vendors will then treated in compliance with
Effluents produced at the Kaohsiung Terminal Division be commissioned to carry the relevant regulations before it
come from three sources: general-use water, domestic out sewage disposal and is discharged.
sewage (septic tank), and industrial waste. transportation.

Water discharge at the Kaohsiung Terminal Division in the past three years

2019 2020 2021

Type of destination for water Water discharge Water discharge
discharge Total water Water discharge in Total water Total water
in water-stressed in water-stressed
discharge water-stressed areas discharge discharge
areas areas

Freshwater 7.97 N/A 7.33 N/A 6.50 N/A

Surface water
Surface water
7.97 N/A 7.33 N/A 6.50 N/A
(total)

Total water discharge 7.97 N/A 7.33 N/A 6.50 N/A

Note 1: Total water discharge = Total amount of surface water, groundwater, seawater, and third-party water discharged (Unit: million liters)
Note 2: Surface water includes lakes and rivers.
Note 3: Fresh water is a liquid with total dissolved solids ≤ 1,000 mg/L, whereas other types of water are water with total dissolved solids > 1,000 mg/L.

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3-5-3 Ballast Water Discharge Management

A ship's ballast water is the most convenient approach to ensuring the safety and stability of a ship. Yet, uncontrolled discharge of ballast water and
sediment from ships could result in the transfer of harmful aquatic organisms and pathogens to another sea port. Some species may end up causing
irreversible impact or harm to the local environment, human health, economy and resources.

According to Article 196 of the United Nations Convention on the Law of the Sea (1982), "states shall take all measures necessary to prevent, reduce
and control pollution of the marine environment resulting from the use of technologies under their jurisdiction or control, or the intentional or accidental
introduction of species, alien or new, to a particular part of the marine environment, which may cause significant and harmful changes thereto." In 2004,
the IMO formulated the International Convention for the Control and Management of Ships' Ballast Water and Sediments (also known as the Ballast
Water Management (BWM) Convention), aimed at preventing, reducing, and ultimately eliminating risks to the environment, human health, property,
and resources caused by the transfer of harmful aquatic organisms and pathogens through the control and management of ships' ballast water and
sediment.

According to the BWM Convention, there are currently two ways to reduce ecological pollution caused by ballast water.

1. D-1 Ballast Water Exchange Standard

Ships performing ballast water exchange are required to do so with an efficiency of at least 95% volumetric exchange of ballast water. For ships
exchanging ballast water by the pumping-through method, pumping through three times the volume of each ballast water tank is considered to be
performing ballast water exchange with an efficiency of at least 95% volumetric exchange of ballast water. The methods for ballast water exchange
include the sequential method, the flow-through method, and the dilution method.

2. D-2 Ballast Water Performance Standard

When a ship loads or discharges ballast water, microorganisms in ballast water are eliminated using a ballast water treatment system. Ships conducting
ballast water management are required to discharge (1) less than 10 viable organisms per cubic metre greater than or equal to 50 micrometres in
minimum dimension, and (2) less than 10 viable organisms per milliliter less than 50 micrometres in minimum dimension and greater than or equal to 10
micrometres in minimum dimension.

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Evergreen Marine has responded with the introduction of ballast water

3-6 Waste Management
treatment systems. Ballast water is disinfected using a ballast water
treatment system before it is discharged. This action can significantly
3-6-1 Waste Sorting and Disposal
reduce the presence of organic matters and pathogenic organisms, such
as V. cholerae, E.coli, and Enterococcus, while preventing ecological Ships at sea
havoc caused by invasive alien species in ballast water. Hence,
As a user of marine resources, we are obliged to minimize our impact
Evergreen Marine has begun actively assessing and installing various
on the environment. Evergreen Marine has formulated directions for the
types of ballast water treatment system. Ballast water treatment systems
disposal of solid or liquid waste produced aboard our ships in advance
will be directly used on new ships, while existing ships will be retrofitted
before disposing of them in strict compliance with international and local
with the latest type of ballast water treatment system. For instance, all
environmental laws and regulations. Evergreen Marine's fleet has a waste
A-, F-, L-, B-, and F-type ships, along with some S- and E-type ships, will be
management plan that outlines how waste should be disposed of, and
equipped with ultraviolet ballast water treatment systems to realize the
also keeps records of waste disposal in the waste log book in compliance
goal of green shipping and protecting marine ecosystems.
with international environmental laws and regulations.

Out of Evergreen Marine's 119 ships, 48 carried out ballast water exchange
In an effort to meet the requirements of international conventions
using the sequential method while 71 conducted ballast water treatment
on environmental protection, Evergreen Marine has established a
with ultraviolet disinfection in 2021.
comprehensive fleet waste management plan for all hazardous
waste and solid waste produced on board. This plan covers five major
Ballast water exchange and treatment in 2021
procedures: collection, sorting, disposal, storage, and recording. Each
Number of ship is equipped with stainless steel garbage cans for waste sorting. Crew
Percentage
ships members and visitors can drop garbage into the appropriate garbage
can, rather than throw them into the ocean and thus cause marine
Ships conducting ballast Sequential
48 40.3% pollution.
water exchange method

Ships conducting ballast Ultraviolet

71 59.7%
water treatment disinfection

Total number of ships 119 　100%

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The fleet waste management plan has been formulated in accordance with MARPOL Annex V. Aside from reducing waste and hazardous substances,
we encourage efforts to recycle and dispose of waste ashore and sort waste to facilitate reusing, recycling, and reducing waste. By integrating
international laws and regulations and the requirements of various regions, Evergreen Marine has formulated environmental protection policies for areas
within 15/25 nautical miles off the coast and ports and expanded the scope of application of environmental regulations, with a view to demonstrating our
dedication to environmental protection through management with high standards.

Incinerator ash treatment

Our waste management policy requires waste to be sorted into two categories, namely combustible waste and non-combustible waste. Combustible
waste, including oily rags, wooden boxes, cartons, and used napkins that cannot be recycled, are incinerated on board. Incinerator ashes are properly
treated to avoid producing toxic pollutants, and handed over to qualified onshore vendors for subsequent treatment.
Each Evergreen container ship is equipped with waste incineration equipment in line with the relevant regulations; however, the equipment cannot
be used at ports and when sailing near residential areas to avoid affecting air quality in surrounding areas. On the high seas, Evergreen Marine also
requires that except for wood packaging materials that do not need to unloaded ashore for disposal, materials such as waste oil and oily rags should
not be incinerated to reduce air pollution and carbon dioxide emissions. At the same time, crew members are required to pack up incinerator ashes
and hand them over to legitimate recycling facilities upon unloading ashore. Incineration of plastic waste is strictly prohibited despite the fact that our
ships are equipped with ultra-high
Ash Analysis temperature incinerators (above
850 degrees Celsius). All plastic
80 waste must be unloaded ashore for
disposal.
70

60
Owing to the ban on unloading
50 oily rags and sludge produced
40 from operations in various countries
30 over the years, oily rags and sludge
are disposed of using incinerators
20
o n b o a rd i n a c c o rd a n c e w i t h
10
regulatory standards. As a result,
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
the amount of ashes produced has
Total quantity 60.58 32.77 27.25 23.96 26.62 32.21 43.22 61.06 68.46 71.29 78.90 75.56 72.10 47.94 68.05
been on the rise in recent years.
Avg. quantity (per ship) 0.34 0.30 0.33 0.37 0.45 0.57 0.62 0.71 0.78 0.66 0.60 0.47 0.61

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Sludge management
Sludge refers to unusable oil residue produced upon treatment of marine fuel oil with fuel oil purifier. All the sludges produced by our fleet are collected
in waste oil tanks, measured, and handed over to legitimate sludge recycling vendors for recycling and treatment. All the unloading receipts or
documentation is kept by each ship for at least three years for inspection by the relevant authorities.

Tons and tons of sludge are produced from the combustion of heavy oil by power machines on ships. In order to reduce environmental pollution,
Evergreen Marine arranges for contracted vendors to recycle sludge onboard and deliver them to government-approved treatment facilities for reuse.
Regular maintenance is also carried out on main engines, power generators, auxiliary boilers, as well as pumping and piping systems to improve fuel
combustion efficiency and minimize sludge production.

Disposal of Evergreen Marine's medical waste ashore for disposal

Each ship in Evergreen Marine's fleet is equipped with a medical room where emergency medical equipment and medicines are stored. Expired medical
supplies and medicines must be discharged ashore for disposal. In principle, each ship is required to apply for discharging of medical waste at least once
a year and arrange for waste collection
Sludge Analysis or treatment vendors that comply with
government regulations to collect medical
47,000
waste and expired medicines onboard.
46,000 Currently, according to route planning and
45,000 ports of call, Hong Kong, Singapore, Busan,
44,000 and Los Angeles allow medical waste to be
unloaded ashore for disposal. In the event
43,000
that the port of call is not any of the four
42,000
ports above, such waste will be temporarily
41,000 sealed onboard, and then discharged
40,000 ashore for disposal when the route is
39,000 changed to a port that provides onshore
discharging service.
38,000
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
In 2021, a total of 35 Evergreen ships
Total quantity 46934 43398 43565 42929 44991 41912 42162 39392 40640 42520 40644 38602 40048
u n l o a d e d m e d i c a l w a s t e a s h o re f o r
Avg. quantity (per ship) 579.4 535.8 537.8 487.8 459.1 391.7 383.3 382.5 394.6 369.7 344.4 341.6 336.5
disposal.

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Onshore operations
Waste from the Kaohsiung Terminal Division can be classified into general domestic waste and recyclable waste after equipment maintenance
At present, general domestic waste is disposed of by means of incineration in accordance with the procedures stipulated in the regulations promulgated
by competent authorities. Over the years, Evergreen Marine carries out recycling and sorting of general domestic waste with various units and conduct
an inventory of various types of recycled items to facilitate follow-up processing by recycling vendors in the future.

On the other hand, recyclable waste after equipment maintenance is handed over to professional and qualified vendors for recycling.
The Evergreen International Building continues to carry out waste and resource recycling and keep track of the amount of recycled waste and resources.
Recycling cans for general waste, paper, metal, glass, and plastic are provided on each floor of the building. These recyclable materials are then
recycled after rinsing, flattening, and sorting or storing them, so as to reduce the amount of waste to be disposed of and increase the amount of recycled
resources. In 2021, Evergreen Marine produced 44.52 metric tons of domestic waste and recycled 4.15 metric tons of resources, a decrease of 26.14 tons
(37%) and 1.45 tons (26%) from 2020, respectively, due chiefly to the implementation of work-from-home and remote work measures at Evergreen Marine
amid the COVID-19 pandemic in 2021.

The Supply Department is currently developing a hazardous substance control program to monitor the flow of hazardous substances on ships.

Waste disposal in 2021

2020 2021
Disposal
Item Type Disposal Disposal volume Unit Remark
method volume in 2020 in 2020
Incinerator ash Recycling 29.24 42.64 metric ton •The scope of these statistics does not include domestic waste,
operational waste, and kitchen waste.
Ships at sea Sludge Recycling 38,603 40,048 metric ton •Waste onboard is measured by volume and converts to weight
using related coefficient.
Discharging •Subsequent removal and processing are carried out by vendors
Medical waste 0.675 0.525 metric ton appointed by the local port and disposed at off-site facilities.
for disposal
Domestic
Kaohsiung waste
Incineration 200.11 186.65 metric ton These statistics do not include waste tires and lubricating oil
Terminal because the disposal volume for these items is not measured in
Division Scrap metal
Recycling 204.64 218.56 metric ton terms of weight and the quantity of these items is relatively small.
recycling
Domestic
Incineration 70.66 44.52 metric ton Disposal is carried out by means of incineration.
Office waste
building Resource
Recycling 5.6 4.15 metric ton Resource recycling is carried out by recycling vendors.
recycling
Note: Incinerator ash conversion referring to https://www.aqua-calc.com/calculate/volume-to-weight/substance/ashes-coma-and-blank-dry. Sludge mainly consisted of water. Medical waste
in average weighted 15 kgs per voyage and discharged 35 times in 2021.

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3-6-2 Ship Demolition and Recycling

Demolition and Recycling
Shipping is a global industry, and ships are an important asset for shipping companies. Evergreen Group is committed to planning the complete life cycle
of a ship, from the design and construction stage to the operation stage, and eventually the decommissioning stage, in a comprehensive manner, with
a view to reducing the impact of a ship on marine ecosystems and environmental pollution during operation. Valuable and reusable materials such as
steel can be fully recycled and reused when a ship is decommissioned and recycled. Hazardous waste and pollutants that may be harmful to humans
and the environment need to be disposed of properly, while buyers are required to choose a green shipbreaking yard that complies with the Hong Kong
International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention).

Established by the IMO in 2009, the Hong Kong Convention covers controls and regulations related to the entire useful life of ships (from design,
construction, and operation to recycling and reuse). It is aimed at improving the safety and environmental standards for the global shipbreaking industry
to reinforce the rules and regulations governing the design, construction, operation, and dismantling of ships, improve the environmental standards
for onshore shipbreaking facilities, and establish a certification and reporting system for shipbreaking yards. This convention, which is also applicable to
shipbreaking yards, requires shipbreaking yards to "establish management systems, procedures and techniques which do not pose health risks to the
workers concerned or to the population in the vicinity of the ship recycling facility and which will prevent, reduce, minimize and to the extent practicable
eliminate adverse effects on the environment caused by ship recycling."

Using the Hong Kong Convention as a model, the EU has established

the EU Ship Recycling Regulation (EU SRR) to regulate ship recycling. This
regulation, which came into force in 2013, stipulates the requirements for
various stages in the life cycle of a ship, including construction, operation,
and decommissioning. As of 2020, 92 ships in Evergreen Marine's fleet have
completed the Inventory of Hazardous Materials (IHM) report and passed
the review process conducted by classification societies. 21 UK-registered
ships and 7 non-UK-registered ships berthing at EU terminals have been
awarded an IHM certificate, and thus comply with the provision of EU
SRR.

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Having officially signed up for the Ship Recycling Transparency Initiative (SRTI) in 2020, Evergreen Marine hopes to share the fruits of our efforts in
shipbreaking policies through this initiative and fulfill our commitment to sustainability and common prosperity with natural ecosystems, thereby
contributing to the future development of the marine environment.

Policies for Ship Demolition and Recycling

Evergreen Marine's shipbreaking and recycling policies are classified according to ships constructed in different periods. Kindly refer to Evergreen Marine's
official website for more details.
• Existing ships constructed before 2009: Despite the absence of related regulations during this period, Evergreen Group voluntarily implements the Hong
Kong Convention on these ships.
• Existing ships constructed between 2009 and 2019: When a new ship is delivered, Evergreen Marine obtains a Green Passport for the ship in the spirit of
the Hong Kong Convention. When a ship is decommissioned and sold, the buyer is required to choose a green shipbreaking yard certified under the
Hong Kong Convention.
• New ships constructed after 2020: When a ship is delivered, Evergreen Marine voluntarily implements the Hong Kong Convention or the EU SRR on the
ship. When a ship is decommissioned and sold, the buyer is required to choose a green shipbreaking yard certified under the Hong Kong Convention.
No ship was dismantled by Evergreen Marine in 2021.

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Column Ship Disposal and Shipbreaking Yard Evaluation Requirements

Evergreen Marine disposes of and dismantles our own old ship through a prudent public tender process. In the bidding invitation
and the memorandum of agreement, they clearly stipulate that vendors must comply with specific regulations and provide real-
time disclosure on their own initiative.

• Old ships are disposed of and dismantled

• Evergreen Marine's ship disposal policy is
through a public tender process.
disclosed on our CSR website and SRTI's
• For the replacement and sale of old ships,
official website.
the invitation to tender and the purchase
• Any changes to the policy will be
and sale agreement clearly stipulate
updated simultaneously in a timely Occasional Open tender
that buyers can only dismantle a ship in
manner. maintenance Buyers must
accordance with the operating principles
policy and observe the
of the Hong Kong Convention.
real-time Hong Kong
disclosure Convention

Improvement
• In case of any irregularities found, mechanism
Evergreen Marine's supervision personnel for
has the right to stop work on the spot default
and requests for immediate correction. vendors
• Evergreen Marine may require the buyer
to pay liquidated damages equivalent
to twice the purchase price or the
actual damage (whichever is higher)
to deter the buyer from breaching the
contract easily.
On-site
supervision for • Shipbreaking yard workers must be
proper treated with occupational safety and
implementation human rights standards in compliance
with the Hong Kong Convention and the
IMO regulations.
• Evergreen Marine assigns supervision
personnel to carry out on-site supervision
at shipbreaking yards to ensure proper
implementation in accordance with the
relevant regulations.

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3.7 Maintenance of Marine Environment and Ecosystem Diversity

Commitment to not use Arctic shipping routes
Evergreen Marine heeds calls for the Arctic ecosystem conservation measures from Ocean Conservancy and Nike, Inc. Shouldering the responsibility
of delivering cargoes to every corner of the world in a safe and eco-friendly manner, Evergreen Marine has signed a pledge not to use Arctic shipping
routes, with the intention of expressing our stand on sustainable shipping. Evergreen Marine's ships did not sail into protected areas in 2021.

Commitment to not use Arctic shipping routes

Whale conservation
Evergreen Marine participates in various vessel speed reduction programs in North America, the
North Atlantic, and Panama to reduce the risk of ship strikes on whales while proactively taking
part in the Vessel Speed Reduction Program hosted by the National Oceanic and Atmospheric
Administration in the US. Based on the results of voluntary speed reduction among Evergreen
Group's container ships in the Santa Barbara waters off the ports of Los Angeles and Long Beach
as well as the San Francisco Bay area in 2021, Evergreen Marine has been honored with the Blue
Sky Award for our contributions to maintaining air quality in port areas and protecting marine
ecological environment.

The Vessel Speed Reduction Program hosted by the US NOAA runs from July to mid-November
each year. Under this program, ships are required to reduce their speed to 10 knots (18.5 km/h)
or below when they are within 95 nautical miles (176 km) off the port. As large marine organisms,
such as blue whales, humpback whales, and fin whales, migrate to these waters for food, sailing
at a low speed allows more time for these whales to avoid ships and thus reduce the risk of ship
strikes on them, which in turn helps to restore these endangered marine species. Furthermore,
sailing at a low speed can also reduce the emission of pollutants such as greenhouse gases and
particulate matters. This program has reduced over 8,000 tons in greenhouse gas emissions and
300 tons of smog-causing nitrogen oxides. In other words, vessel speed reduction can not only
protect whales, but also enables coastal residents to enjoy cleaner air.

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 Chapter 04 Common Prosperity

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4 Common Prosperity
4-1 Happy Workplace

4-2 Safety Culture

4-3 Talent Development

4-4 Industry-Academia Collaboration

4-5 Social Engagement

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 Chapter 04 Common Prosperity

4-1 Happy Workplace

4-1-1 Overview of Personnel
Headquartered in Taiwan, Evergreen Marine has continued to consolidate its business in the local community while developing our global layout for many
years. In line with the Company’s mid- and long-term development strategy, we have striven to expand our global service network. In recent years, we have
held recruitment events every year to recruit outstanding talents in various professional fields to strengthen our team's long-term competitive advantage. A
total of 2,237 people were employed by Evergreen Marine as of December 31, 2021, of which there were 1,706 onshore personnel, who were mainly responsible
for managing the business related to shipowners and the business of the Kaohsiung Terminal Division, without including agents and expatriates; there were 531
on-board personnel, including 459 R.O.C. nationals and 72 foreigners (including crew members of other Asian nationalities). Except for 3 temporary assistants, 1
physician and 4 retired personnel who were rehired, all employees of Evergreen Marine (approximately 99.64%) were hired full-time. All of our employees were
covered by the Labor Standards Act, Collective Agreement Act or the Maritime Labour Convention (MLC).

Number of crew members in 2021

Based on nationality Based on age

男 R.O.C Foreign Nationality Over 60 50-59 40-49 30-39 20-29 Below 19

Female 20 0 0 1 1 7 11 0
Male 439 72 22 73 107 172 128 9

Total 459 72 22 74 108 179 139 9

Number of employees in 2021

Based on Based on gender
contract type Based on gender and education level Based on gender and job ranking Based on gender and work functions
and age
and gender
Junior
Senior high high Top Middle Junior Non-
Part- Below Master's Bachelor's Junior
Full-time Over 51 30-50 school school manage- manage- manage- manage- Business Professional Administration Technique Maritime
time 30 degree college (vocational) and ment ment ment ment
below
Female 643 3 58 366 222 61 521 56 8 0 6 24 78 538 258 131 222 15 20
Male 1,586 5 452 876 263 146 1,028 243 154 20 91 125 362 1,013 244 306 177 353 511
Total 2,229 8 510 1,242 485 207 1,549 299 162 20 97 149 440 1,551 502 437 399 368 531
Percentage 99.64% 0.36% 22.80% 55.52% 21.68% 9.25% 69.25% 13.37% 7.24% 0.89% 4.34% 6.66% 19.67% 69.33% 22.43% 19.54% 17.84% 16.45% 23.74%
Note: Managerial positions include junior management (deputy manager–manager), middle management (deputy junior vice president–junior vice president), top management (deputy senior
president and above)

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Number of employees in 2021 (based on gender and regions) Turnover Rate from 2015 to 2021

Female Male Total Percentage

6.4%
Taiwan 646 1,519 2,165 96.78% 5.7%
5.7%

Other Asian
Countries 0 72 72 3.22% 4.4% 4.39%
3.98%

Number of new employees in 2021

2.46%
Number of employees Percentage

Female Male Total Female Male Total

Below 30 49 98 147 22.07% 37.26% 30.31% 2015 2016 2017 2018 2019 2020 2021

30–50 0 34 34 0% 3.88% 2.74%

Total number of employees who resigned in the year
Over 51 0 0 0 0% 0% 0% Note: Turnover rate=
Number of in-service employees on the last day of the year

2021 Employee turnover As the COVID-19 pandemic has yet not been alleviated, coupled with
Number of employees Percentage the booming prospect in the shipping market, the estimated turnover
rate is expected to decline or remain unchanged.
Female Male Total Female Male Total

Below 30 13 13 26 5.86% 4.9% 5.36%

30–50 8 8 16 2.19% 0.91% 1.29%

Over 51 1 12 13 1.72% 2.65% 2.55%

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4-1-2 Communication and Grievance

Evergreen Marine attaches great importance to communication with
employees, and strictly complies with the relevant laws and regulations of
the Labor Standards Act. We manage to ensure smooth communication
between labor and management, and are committed to creating a
harmonious work atmosphere for labor and management through two-
way communication channels, including labor-management meetings,
employee welfare committee meetings, occupational safety and
health committee meetings, various departmental meetings, seminars,
employee interviews, and on-board crew seminars, as well as the EIP
e-Bulletin board, grievance mailboxes, sexual harassment complaint
holds labor-management meetings at least once every three months.
hotlines/mailboxes, and opinion questionnaires. The Company also
assigns the dedicated managers of the Human Resources Department In 2021, we held a total of 4 labor-management meetings, and the
to handle employees' feedback in a confidential manner in accordance important resolutions adopted included a bi-weekly flextime system,
with relevant regulations. prolonged working hours, relaxation of the upper limit of working hours,
adjustment to regular holidays, relaxation of the restrictions on one day off
Notice will be given early for termination of a contract due to the for seven days of work, and the principles of labor attendance in business
Company's operational changes in accordance with the Labor units impacted by natural disasters, and formulation of an employee
Standards Act: a 10-day notice will be given to those with between 3 attendance calendar for 2022 as well as the work makeup day for the
months (inclusive) and under one year of service; a 20-day notice will be Labor Day.
given to those with between one year (inclusive) and under three years
of service; a 30-day notice will be given to those with more than three
Employee Grievance Mechanism
years of service with the Company. In addition, we adopt mechanisms,
such as labor-management meetings for negotiation and cooperation, Evergreen Marine has for mulated the “Employee Complaint
and seminars to ensure that both parties can fully express their opinions Regulations” and set up an independent reporting mailbox. In the case
and communicate smoothly, with the aim of maintaining a harmonious of impairment of rights and interests, unfair treatment, illegal harm in the
labor-management relationship. course of performing duties at work for any employees working in the
Company (including probationary ones), or discovery of violations of laws
Labor-management council and discipline by other employees or violations of relevant labor laws
In accordance with Article 38 of the Labor Standards Act and the by the Company, they can file a complaint by name or anonymously
enforcement rules for labor-management council, Evergreen Marine through the complaint channel.

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The Company assigns the head of the Human Resources Department to manage the reporting mailbox. After receiving an employee's oral complaint
or written complaint, the Company will proceed to investigate and handle the case in a prudent manner, and reply to the complainant regarding the
progress of the case prior to a deadline. The Company will keep the identity of the complainant and the content of the complaint confidential and
handle it properly while protecting the complainant from improper treatment due to the complaint.

To provide the Company's employees, job seekers, or personnel served with a work and service environment free from sexual harassment, we take
appropriate preventive, corrective, disciplinary, and handling measures while the Company has formulated the “Regulations Governing the Prevention,
Reporting and Punishment of Sexual Harassment in the Workplace”, which stipulate that the Human Resources Department shall be the responsible unit,
while setting up a mailbox for complaints of sexual harassment and a dedicated hotline. When the Company learns of a case of sexual harassment, it
will proceed to investigate and deal with it in accordance with the regulations while protecting the victim' rights and privacy and taking immediate and
effective corrective and remedial measures.

Furthermore, the crew members can file complaints 4-1-3 Salary and Welfare
in accordance with the procedures regulated by
the MLC or a fleet safety reporting system. After Average salary of non-managerial full-time employees and the difference from the year prior
receiving a complaint from a crew member,
managers related to the on-board departments 2020 2021 Difference (%)
or any department in charge of seafarers shall
investigate the content of the complaint and Total salary for non-managerial full-time
2,787,475 7,037,888 152.48%
employees (Unit: NT$1,000)
resolve the complaint. Meanwhile, the investigator
must notify the complainant of the outcome of the
case. Number of non-managerial full-time employees 1,795 1,948 8.52%

Evergreen Marine ensures smooth communication Average salary for non-managerial full-time
1,553 3,613 132.65%
channels with employees, and continues to pay employees (Unit: NT$1,000)
attention to the quality of communication with
Salary median for non-managerial full-time
employees to reduce labor disputes. In 2021, there 1,428 3,337 133.68%
employees (Unit: NT$1,000)
were no mediation or litigation cases related to
labor disputes, nor labor practice complaints,
Note 1: The information above is based on the non-managerial full-time employee salary in listed companies in Taiwan
human rights complaints, or social impact published by TWSE.
complaints that were filed, handled, and resolved Note 2: The main factor attributing to the salary difference between 2020 and 2021 was the increase in non-fixed
via the formal complaint mechanism. compensation (bonus).

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Remuneration System and Policy

Taking into account the attraction, cultivation, and retention of talents Evergreen Marine's remuneration is designed to comply with relevant labor
laws and regulations, and provide a competitive overall salary and benefit system for onshore and on-board personnel. Evergreen Marine's overall
remuneration is determined based on comprehensive consideration of the employees' individual professional knowledge and skills, job responsibilities,
performance, and the demonstration of the Company's core values. We confirm employees' achieving status of their key personal work objectives
through work guidance, work interviews, and performance evaluation while encouraging them to improve themselves continuously and rewarding
outstanding talents who contribute to the Company's long-term stable performance.

Evergreen Marine's salary for new full-time employees at the college graduate level in 2021 was NT$43,000 (raised to NT$46,000 in 2022), which is 41.88%
higher than the average monthly regular salary of NT$30,308 per person for workers without any experience at all education levels in the transportation
and storage industries announced by the Ministry of Labor in 2020 and 79.17% higher than the basic salary of NT$24,000 announced on January 1, 2021. The
Company will review the overall economic indicators and industry-specific salary levels at each operating site every year, and adjust salary appropriately
to maintain the Company's overall competitiveness in remuneration.

Our year-end bonus will be issued at the end of the year based on the Company's business performance. If the Company has a surplus at the end of the
year, we will distribute employee compensation after the resolution is adopted by the Remuneration Committee in the following year in accordance with
the Articles of Incorporation and Rules for Setting Manager's Remuneration.

Evergreen Marine provides on-board personnel with generous remuneration and a safe and comfortable working environment. The generous
compensation packages do not differ on the basis of gender, religion, race or political bias. We show respect and tolerance for multi-culturalism in order
to build a harmonious and united team at sea. Remuneration for national and foreign mariners must comply with the collective bargaining agreement (the
proportion of on-board personnel covered by the agreement is 100%, accounting for 23.74% of total employees) with the International Transport Workers’
Federation (ITF). Evergreen Marine also seeks to recruit talented personnel through compensation packages that are competitive in the market. For
example, a Taiwanese third officer or fourth engineer who is officially appointed has a monthly salary of around NT$170,000. The captain and the chief
engineer's monthly salary can reach approximately NT$300,000.

Meanwhile, to fulfill the corporate social responsibility for sustainable operation, Evergreen Marine has included environmental protection, energy
conservation of ships and the fuel conservation policy in relevant departmental targets and employee performance to conduct target management
and personal performance evaluation in a comprehensive manner while linking the indicators with a reward and remuneration system.

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Salary ratio of male and female employees in the past three years

2019 2020 2021

Onshore duty On-board duty Onshore duty On-board duty Onshore duty On-board duty

Non- Non-
Manage- Manage- Manage- Non-manage-
manage- manage- Officers Ratings Officers Ratings Officers Ratings
ment ment ment ment
ment ment

Regular
monthly salary
ratio (male/ 1.10 1.01 1.04 0.09 1.05 1.03 1.16 0.84 1.04 1.04 0.99 -
female))

Note 1: The salary numbers above are based on regular monthly salary and do not include interns, apprentices, probationary employees and retired personnel that are rehired (part-time
employees).
Note 2: Not enough information was available for female deck ratings as well as female captains, chief engineers, chief officers and second engineers, therefore the ratio of male to female
salary statistics only covered male and female deck officers/engineer officers

Salary ratio of male and female employees

Onshore Duty On-board Duty

Supervisory
Non- Supervisory Non-
and
supervisory and and supervisory and
professional
professional professional professional
and
and technical and technical and technical
technical
personnel personnel personnel
personnel

Salary raio
(male/ 0.93 1.10 1.14 0.82
female)

Note: The occupations and salary statistics above are based on the “Employee Earnings
Survey” by DGBAS of Executive Yuan, R.O.C.

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Employee Benefits
In addition to complying with laws and regulations, Evergreen Marine provides benefits for all full-time employees that are superior to what is stipulated
in laws and regulations, such as group accident insurance that is superior to what is stipulated in the Labor Standards Act, medical insurance covering
hospitalization and injury for the employees on business trip abroad, group life insurance with a preferential rate, and an employee physical examination
program that is superior to occupational safety laws and regulations. Moreover, for those must work during the period of natural disasters (such as
typhoons or heavy rains), the Company not only provides necessary resources of transportation and accommodation but also recognizes employees'
hours of attendance in a lenient manner to grant at least half a day or a full day of wages, overtime pay, or a paid leave.

In addition to providing official leave, transportation, accommodation and relocation allowances for domestic job rotations, we also provide
subsidies for qualified employees to rent housing and visit relatives in accordance with our management regulations. In terms of leave
allowance, mariners eligible for ship-shore rotation are granted annual leave (more than required by Labor Standards Act) during the first year
if they are assigned to onshore duties to allow them to spend more time with their families.

In addition to providing cash gifts (gifts) on three major holidays and birthday gifts, the Evergreen Marine Employee Welfare Committee
provides a number of subsidies, such as marriage allowance, supervisors' cash gifts, funeral allowance, supervisors' condolence money,
condolence money for injuries and illness, continuing education subsidy, cultural and recreational subsidy, as well as travel subsidy, thereby
achieving the purpose of caring for employees and facilitating harmony between labor and management.

In addition, during the work-from-home period in 2021, Evergreen Marine considered all the inconvenience suffered by its employees due to the
pandemic and decided to work with Evergreen Laurel Hotel in Taichung and Evergreen Sky Catering to gift all employees with the “Gourmet
Care Package” (delivered frozen to employee's homes), allowing employees to enjoy gourmet food without leaving their homes.

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Parental leave Use of parental leave in the past three years

The Evergreen Marine quality document “Work Instructions for the 2019 2020 2021
Protection of Maternal Health in the Workplace” implements maternal
health protection measures in the workplace. Female employees that Female Male Female Male Female Male
are pregnant or who gave birth within the past 12 months are interviewed Actual number of
by medical personnel from the labor health services. A workplace applications for
5 0 7 0 6 0
parental leave during
environmental and operating hazards assessment form for maternal the year
health protection is then filled out to ensure the safety as well as physical
Number of employees
and mental well-being of female employees at work. If the assessments expected to be
6 0 0 0 0 0
find that adjustments to employee duties are necessary then they are reinstated during the
year
interviewed by a physician to fill out a form on maternal health protection
interview and recommendation on work suitability. In 2021, the Company's Number of employees
reinstated during the 5 0 0 0 0 0
registered nurses conducted 15 interviews to care for employees year
during pregnancy from relevant departments of Evergreen Marine and Number of employees
Evergreen International. who should apply
for reinstatement but 1 0 ０ ０ 0 0
extended the leave
In accordance with the work equality promotion measures in the Act during the year
of Gender Equality in Employment, Evergreen Marine allows eligible Number of employees
employees to apply for leave, maternity leave, paternity leave, family reinstated in the prior 9 1 5 0 0 0
care leave, and unpaid leave. An employee with at least six months of year
service may apply for unpaid parental care leave for each child under Number of employees
still with the Company
the age of 3. Unpaid leave may run until the child reaches the age of 3
one year after 9 1 - 0 0 -
but not exceeding 2 years. The length of unpaid leave for those with two reinstated in the prior
or more children is to be combined and limited to at most two years of year
care for the youngest child. Under company rules, each application for Reinstatement rate
83.3% - 100% - N/A* N/A*
unpaid parental leave should in principle run for 6 months. The Company (%)
may however agree to employees applying for less than 6 months of Retention rate (%) 100% 100% - - N/A* N/A*
unpaid leave in order to look after employee needs. Evergreen Marine
has set up clean and comfortable breast-feeding rooms. We have also note*：Since both the expected number of reinstatements in 2021 and the actual
contracted with two child-care organizations to provide employees with number of reinstatements are 0, the reinstatement rate % cannot be calculated;
similarly, the actual number of reinstatements in 2020 and the number of people
discounted childcare services.
who have continued to work for one year after reinstatement in the previous
year are both 0, so the retention rate % cannot be calculated.

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Pension plan
The Evergreen Marine Labor Pension Preparatory Fund Supervisory Committee was formed in 1986. The “Employee Pension Regulations” were drawn
up by the Company and pension contributions are continuing to be made each month based on the following criteria: 15% of salary for employees on
the old system, and 9% of salary for employees on the new system that chose to retain their years of service under the old system. This regulation covers
all full-time employees. Employees that served within a period of fifteen years (inclusive) are provided with 2 basis points annually, while employees who
have served for more than 15 years, are provided with 1 basis point annually, with a maximum total of 45 basis points. The so-called basis point refers to the
average basic pay of the six months before retirement.

For employees that opt for the new system introduced by the Labor Pension Statute introduced on July 1, 2005, Evergreen Marine has consulted on the
employees’ willingness to participate in the new or old pension system, calculated the years of service in the old pension system, as well as conducted
pensions declaration and payments in the new system. Hence, employees will receive contributions equal to 6% of their monthly salary in accordance
with the new system. We also check the balance of the labor pension preparatory fund account to see if it is sufficient to meet all the pension obligations
from all employees that will meet the conditions for retirement in the upcoming year. Any shortfalls are made up by the end of March in the following
year. Please refer to page 129 of the 2021 consolidated financial reports for more information regarding the Evergreen Marine pension plan.

Safe workplace
To take care of employees' health and comply with legal requirements, Evergreen Marine
entrusts the environmental monitoring agency approved by the central competent authority
to measure carbon dioxide concentration of office buildings every six months. The two carbon
dioxide concentration measurement results in 2021 did not exceed the standards.

Evergreen Marine’s employee cafeteria in Nankang

and Taipei can accommodate hundreds of people, and
employees can “eat safely” thanks to the catering services
provided by the Evergreen Sky Catering Corp., which has
passed a number of safety and health certifications; as such,
employees can enjoy nutritious and delicious vegetarian
and non-vegetarian meals for free. Evergreen Marine has
installed Japan’s “π” water system on every office floor
tea room to supply employees with pure and high quality
π-water, as well as an automatic coffee machines to supply
employees with free coffee around the clock.

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In response to the COVID-19 pandemic, Evergreen Marine provides free quick test kits for its employees. For employees with such a need, we
arrange them to work during non-peak hours or grant them paid epidemic prevention leave, ensuring that all employees can take care of their
families, work and quality of life during the pandemic.

Recreational activities
Our Taipei, Nankan and Kaohsiung sites have also set up 20 social clubs for three categories of activities (ball sports, health and longevity, outdoors and
leisure) along with fitness equipment to encourage employees to unwind, connect with each other, and enhance their physical/mental well-being. The
Company also provides subsidies and sponsors part of the expenses for club activities (which were mostly suspended in compliance with the epidemic
prevention policy during 2021). The fitness session at 3PM every afternoon helps employees cope with the
stresses of work.

In terms of shipboard life, all of our ships are modern container ships that provide a comfortable
living environment. Full-time chefs prepare nutritious and varied meals for everyone three times
a day as well. Communication is the top issue for young people today. The majority of Evergreen
ships now provides versatile communications software that make it easy for mariners to stay in
contact with their families.

In recent years, we have held different forms of family day

travel events every year. In 2021, we worked with Everfun
Holiday, while in compliance with pandemic prevention
requirements, provide single and multiple-day trips.
Employees and their families that signed up for such tours
were fully subsidized and totally 9,128 trips were subsidized.

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4-1-4 Fair promotion and treatment

Evergreen Marine's Human Rights Policy
Evergreen Marine takes human rights very seriously and adheres to the local labor and gender equality in employment laws of our global operating sites.
We also support international guidelines and principles relating to human rights, including the “UN Universal Declaration of Human Rights”, the "UN
Global Compact", and the fundamental conventions of the "International Labor Organization" and “Maritime Labour Convention”.

Since the introduction of our human rights policy and internal control system in 2020, Evergreen Marine conducts regular Human Rights Risk Assessment
every year and will draw up subsequent prevention plans based on the assessment results. In 2021, various departments in Evergreen Marine conducted
self-assessment of internal operational risks on employment discrimination, unlawful infringement, forced labor, child labor, restricted freedom of speech,
assembly and association, lack of communication/complaint channel, unsafe working environment, violation of basic job conditions, violation of gender
equality or maternity protection or the violation of personal information protection and other human right-related risks. A total of 226 risk evaluation results
was reported, which did not post any significant risk after evaluation. Follow-up improvement plans were also submitted.

Evergreen Marine aims for "zero violations" in anti-discrimination, anti-sexual harassment, anti-bullying, prohibition of forced labor, and prohibition of child
labor. We also protect employees' freedom of association and duly implement the "whistleblower" system. In 2021, we did not have any violations of
human rights-related issues, and there were no violations of the rights of indigenous peoples. For Evergreen Marine's human rights policy, please refer to
the Company's corporate sustainability website: https://csr.evergreen-marine.com/csr/tw/jsp/CSR_HumanRights.jsp

Evergreen Marine has included human rights issues related to operations in the CSR training course required for each employee’s annual education and
training plan. Each person must complete at least 0.5 hours of online course a year. The percentage of employees in Evergreen Marine and sea shipping
departments in its affiliates completing the training in 2021 was 100% with the total number of training hours of 812.7 hours.

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Prohibition of forced labor
•Identify with and support international
regulations and principles related to human
rights
•Comply with local government laws and
regulations of the business base
•No incidents of forced or compulsory labor
on unwilling people by Evergreen Marine
•No incidents of forced labor occurred in 2021
No child labor
•Management regulations explicitly ban the
hiring of those under the age of 15
•The “Personnel Employment Work Instruction”
is defined by Evergreen Marine, and the
minimum requirement for employing onshore
personnel is a high school education.
•Conform to the Seafarer Act in requiring all
applicants to be over the age of 16
•Examine new employees' ID documents and
original academic certificates to prevent the
employment of child labor.
•No child labor was recruited in 2021, and all
employees were at least 18 years old
2021 Corporate Social Responsibility Report
Prohibition of the sexual
harassment or unlawful harm
in the workplace
•Formulate the “Regulations Governing the Prevention, Reporting and Punishment of Sexual
Harassment in the Workplace” to explicitly stipulate complaint channels and hotlines
•Introduce a procedure for “Prevention of Unlawful Infridgement in the Performance of Duties
at Workplace" to control and prevent unlawful harm in the workplace
•Advocacy through e-Bulletin board and hold training seminars from time to time
•On-board personnel may file harassment complaints via the "Safety Report Mailbox"
•We did not receive any complaint of sexual harassment and unlawful harm in the workplace
in 2021
Human rights issues of concern and
implementation results Prohibition of racial, religious,
Evergreen Marine provides convenient channels or gender discrimination in
of communication to all stakeholders and the workplace
responds to stakeholder feedback on human
•Comply with the Employment Service Act
rights issues. We place great importance on
•Recruit talents through open channels, and declare
workplace safety and fundamental labor rights
in the recruitment advertisements that "Those who
at all businesses in our supply chain. All partners
try to get a job through will not be hired."
are required to not engage in any infringement
•Set up strict selection procedures and standards to
or violation of human rights in their business
ensure nondiscrimination in our employment policy
activities. For detailed management measures
•There was no violation of the relevant provisions of
and performance, please refer to Chapter 1-5
the Employment Service Act in 2021
Supply Chain Management.
Provision of an official complaint system
to resolve any labor practice
complaints or human rights complaints
•Formulated a human rights risk assessment and management mechanism, and established a
prevention program based on the results of the annual internal assessment
•Establish the “Employee Complaint Regulations” to resolve any labor practice complaints or human
rights complaints via the official complaint system
•Establish a dedicated reporting email for internal and external stakeholders. The email is managed
exclusively by the head of the Human Resources Department; each report is handled in accordance
with the grievance regulations, and we also take appropriate measures to protect whistleblowers.
•We did not receive any report of human rights violations in 2021
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Fair promotion and treatment

Evergreen strives to build a gender-equal workplace. All employees are treated equally in terms of remuneration, performance evaluation, promotion
and training regardless of gender in accordance with the “Gender Equality in Employment Act.” Evergreen Marine saw the fleet employ its first Taiwan
born female officer in 1999. We have cultivated two female captains: one is dispatched to serve abroad and the other is in an onshore department, both
of whom have experience of working on board, on shore, and abroad. In 2021, Evergreen Marine employed a total of 20 female mariners (accounting for
3.77% of all mariners) and 108 female managers among onshore personnel (accounting for 15.74% of all onshore duty managers).。

Respect for crew diversity

Evergreen Marine has crew members from Taiwan, the Philippines and Malaysia, among other nations. They have beliefs in Buddhism, Taoism,
Confucianism, Islam, Catholicism or Christianity. All of our crew members respect and tolerate cultural differences. There were no complaints of racial,
religious or gender discrimination in the workplace by ship crew members in 2021.

4-1-5 Performance Evaluation

All of the employees have been subject to regular performance evaluation since their appointment to review the results of their work. We also conducted
work interviews to review their work performance as a reference for future training and career development.

Evaluation of onshore personnel

Onshore personnel undergo two performance evaluations administered by their supervisors every year based on the work goals set at the start of year,
execution of work targets during the year, end-of-year performance and verified outcomes. Supervisors may also strengthen two-way communication
and counseling through job interviews to enhance employee performance and provide career planning. The performance enhancement process
is activated for under-performing employees to provide counseling, corrective action and regular monitoring of results. For new employees, the unit
arranges for training and organizes ad hoc exams to test their performance. The new employee’s performance in each area is then reviewed towards
the end of the 3-month probation period. The ratio of onshore personnel that underwent regular performance evaluations in 2021 was 100%.

Evaluation of on-board personnel

The shipboard performance of active seamen is evaluated twice a year by the ship officers (captain, chief engineer, first mate, first engineer and bosun)
through the computerized Evergreen seafarer performance evaluation system. Their performance serves as the basis for future decisions on continued
employment and promotion. New employees are mentored by senior colleagues in the deck or engineering divisions. The ship officers then test and
review the new employee’s performance at various times throughout the 3-month probation (trainee) period. The ratio of on-board personnel that
underwent regular performance evaluations in 2021 was 100%.

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Learning and adaptation assessment

In addition to arranging comprehensive in-service Performance evaluation in 2021
training for all non-management employees on cross-
departmental rotation or reinstated employees to assist Number of Number of Percentage
employees subject to employees of employees
employees on quickly becoming more familiar with evaluation evaluated evaluated
their work, we also conduct learning and adaptation
assessments on a regular basis to assist the company Female Male Female Male Female Male
to grasp the employees’ learning and adaption of
Management 109 590 109 590 100% 100%
new functions and the new environment. The head of
each unit and the human resources department can Non-management 487 932 487 932 100% 100%
know if the employees have problems in learning and
adaptation and offer timely help. Note: The data above is based on the evaluations of onshore personnel in September and on-board
personnel in October.

4-1-6 Guardian of Health

Health Protection
1. Evergreen Marine values both the physical and mental health of our employees. We have clinics with medical professionals providing free physical
examinations to our employees (at a frequency higher than legally required) and physical examination result consultation. Such services are also
provided to Customs workers and contractors. We have also put in place a medical emergency mechanism, with automated external defibrillators
available across the company for any emergencies. All medical professionals employed by Evergreen Marine are trained in compliance with the
regulations of the Ministry of Labor.
2. To help our employees manage their health, Evergreen Marine has established a health knowledge section on the company’s internal site. The
company also, from time to time, shares health information via email with the employees. In addition to providing health-promoting courses, we
also arrange physicians from various locations to provide on-stie service and provide health consultation, occupational injury/disease evaluation
and interviews. With preventive medicine and health-related resources, we aim to boost the employees’ health knowledge and self-health
management.
3. With the focus on a healthy environment, the employees’ health management complies with Regulations of the Labor Health Protection. Employees
categorized as “high-risk” employees after health examinations will have interviews with a doctor and be resigned to another suitable location for
work. For employees reinstated, they will receive occupational performance evaluation among other measures. In addition to the continuous health
management with the measures above, we also worked with Maritime Port Bureau and reinforced COVID-19 prevention measures in the harbors in
2021.

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4. On-stie doctor services, health consultation, occupational injury/
disease evaluation and interviews in 2021:
(1). 4 hours of health consultation monthly in the locations in northern
Taiwan.
(2). 3 hours of on-site service weekly in locations in Kaohsiung.
5. Records of health promotion in 2021:
(1). Due to the COVID-19 pandemic, we held two “Gender Equality
and Sexual Harassment” seminars in November and December
with proper protection measures for our employees. A total of 94
employees attended these seminars with the psychologist from
Teacher Chang Foundation as the speaker. The seminars were
well-received.
(2). Health and medical information were produced monthly and
among other measures. In addition to the continuous health
management with the measures above, we also worked with
Maritime Port Bureau and reinforced COVID-19 prevention measures
in the harbors in 2021.
(2). Health and medical information were produced monthly and
posted on the occupational safety and health information corner for
employees to read at our Kaohsiung container yard.
(3). All medical professionals employed by Evergreen Marine are trained
in compliance with the regulations of the Ministry of Labor.
(4). Our container yard in Kaohsiung held two “Gender Equality
and Sexual Harassment” seminars in November and December

posted on the occupational safety and health information corner with proper protection measures for our employees. A total of 94

for employees to read. employees attended these seminars with the psychologist from

(3). Our container yard in Kaohsiung held two “Gender Equality Teacher Chang Foundation as the speaker. The seminars were well-

and Sexual Harassment” seminars in November and December received.

with proper protection measures for our employees. A total of 94

employees attended these seminars with the psychologist from
Teacher Chang Foundation as the speaker. The seminars were
well-received.
Our container yard in Kaohsiung formulated its employee health
policy in compliance with the headquarters’ requirements. It has
proposed 4 health management measures based on its special
working environment and needs:
(1). With the focus on a healthy environment, the employees’ health
management complies with Regulations of the Labor Health
Protection. Employees categorized as “high-risk” employees
after health examinations will have interviews with a doctor and
be resigned to another suitable location for work. For employees
reinstated, they will receive occupational performance evaluation

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4-2 Safety Culture

4-2-1 Occupational Safety Policy of Evergreen Marine
To efficiently manage our employees' occupational safety and health, Evergreen Marine established the occupational safety and health management
system in compliance with Article 12-2 of Regulations of Occupational Safety and Health Management. The system obtained both OHSAS 18001 and CNS
15506 certification and can boost the safety and health management with its implementation. In 2021, due to the conversion of international standards,
the system obtained ISO 45001 and CNS 45001 certification.

The occupational safety and health policy of Evergreen Marine's occupational safety and health management system was revied with relevant people
and labor representatives based on the new standards. It was then reviewed and approved by all members of the “Occupational Safety and Health
Committee” before being submitted to the general manager, who then signed and published this policy. The policy is as illustrated below:

To promote the safety culture in our enterprise, not only do we encourage employees to make
occupational safety suggestions, we also follow the law and convene “Occupational Safety and Health
Committee” meetings regularly to propose suggestions and review the company’s safety and health
policy and related plans. More than 1/3 of the committee members are labor representatives.

To enhance occupational safety and health management and controls, in addition to promoting the
management system, we also pay close attention to the issues regarding the organization and other
elements related to its operation. We strive to understand the needs and expectations of our workers and
other stakeholders and conduct communications and negotiations as needed. We have formulated
“Contractor Safety and Health Management Guidelines” to standardize contractors’ safety and
health management. The guidelines have helped us reduce the negative impacts on our employees,
contractors and related third parties. We also, via internal audits held regularly, verify our contractors’
safety and health performance. Our 2021 occupational safety and health audits covered all the people
mentioned above.

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Employees/Non-employees covered by the occupational safety and health management system

Number of people covered in the Total number of people in the

Category Percentage
management system organization

Internally audit 449 449 100%

Employees
Audit or certification by an external
449 449 100%
organization

Internally audit 736 736 100%

Non-employees
Audit or certification by an external
736 736 100%
organization

Note 1: Non-employee workers refer to workers whose work and/or the place where they work are controlled by the organization, such as volunteers, contractors, individuals, self-employed
workers, or temporary workers.
Note 2: Internal audit refers to internal management conducted in accordance with internal policies and regulations or generally recognized standards.
Note 3: Audit by an external organization refers to a third-party audit performed by an independent organization, such as a certification organization or a supervisory organization.

4.2.2 Fleet Safety

Regarding fleet safety management, Evergreen Marine complied with the requirements set forth in the ISM Code by International Maritime Organization
(IMO) in the formulation, implementation and maintenance of the safety management system. The fleet safety management policy includes the 4 key
points below:
1. We are committed to the evaluation of known risks surrounding the ships, mariners and the environment to provide them with proper safety measures
as well as safe operating procedures and environment for ship operations. We also maintain effective communications among all members in the
company to ensure that everyone has a proper understanding about safety and the environment.
2. We are committed to environmental protection, including pollution prevention and other company-related commitments.
3. We are committed to the improvement of the safety and environmental management techniques both on shore and on ships, including emergency
responses related to safety and environmental protection.
4. We are committed to full compliance with regulations related to safety and pollution prevention, both domestic and abroad. We will uphold the
obligations to air, water and the general environmental protection and meet the expectations of the interest groups related to Evergreen Marine.

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With the commitments above, Evergreen Marine will pay close attention to all international covenants, regulations in various nations and relevant
regulations that will soon be in force. We will periodically review the effectiveness of our compliance with relevant regulations as well as whether or not
the fleets’ measures comply with the current legal requirements. Our compliance obligations are listed in the “Safety and Environmental Management
System”. Evergreen Marine’s “Safety and Environmental Management Manual” is based on IMO’s ISM Code and includes the guidelines over fleet
safety maintenance training and drill procedures. We follow the manual and conduct the training and drills for fleet safety maintenance annually, which
is supervised by the Maritech Department.

4.2.3 Personnel Safety

Hazard Identification and Risk Evaluation
For high-risk employees and employees that are mothers, Evergreen
Marine identifies the hazards and evaluates the risks in their work duties
and working environment. In the case when potential hazards are
discovered, we will, based on the evaluation result, formulate standard
operating procedures and management measures. We have also
formulated and implemented “Workplace Human-Caused Hazards
Prevention”, “Workplace Workload-Induced Disease Prevention”,
“Prevention of Unlawful Infringement in the Performance of Duties at
Workplace”, “Maternal Health Protection at Workplace” and other
operational guidelines. Based on the evaluation results, we categorize
employees based on their risk levels and manage them accordingly with
measures to reduce their risks.

In 2021, the hazard identification (note) and risk evaluation for high-
risk employees and employees that are mothers mainly covered the
following: cardiovascular diseases induced by shift work, unlawful
infringement to the body and mind, muscle/bone injuries caused by
heavy lifting and poor postures and environmental hazards to a female
employee’s pregnancy, delivery and breastfeeding.

Note: “occupational hazards” mean any diseases, injuries, disabilities, or deaths of workers
caused by machinery, equipment, tools, materials, chemicals, gases, dusts, etc., at
the place of duty, or as a result of work activities, or due to other occupational causes.

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Occupational Safety and Health Management

In addition to the safe workplace badge, we have also obtained the health-promotion badges from HPA. We have implemented safety controls and
automatic inspections at all of our fields of operation. We hold toolbox meetings during 1st, 2nd, 3rd shifts as well as during normal full-day shifts and before
any emergency repairs. We also promote occupational safety and inspect all protective equipment.

In 2021, Evergreen Marine did not have any major shipping accidents (Note).

Note:“major shipping accidents” mean, as listed in IMO documents, a single or a series of accidents that occur during the operation of a ship that directly cause: severe
damages to the ship, death or major environmental destructions.

The certification periods of the certifications above were extended to December 31, 2022, due to the COVID-19 pandemic.

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Employee occupational injuries

Occupational accidents Percentage of Percentage of severe Rate of recordable
Total working
Year Number of severe Number of Number of occupational
deaths resulting from occupational injuries occupational
hours
occupational injuries (excluding deaths) injuries
occupational injury cases deaths injury cases

2019 3,778,669 0 0 7 0 0 1.85

2020 3,805,241 1 1 5 0.26 0.26 1.83

2021 4,461,121 0 0 6 0 0 1.34

Non-employee occupational injuries

Occupational accidents Percentage of Percentage of severe Rate of recordable
Total working
Year Number of severe Number of Number of occupational
deaths resulting from occupational injuries occupational
hours
occupational injuries (excluding deaths) injuries
occupational injury cases deaths injury cases

2019 3,778,669 0 0 2 0 0 4.02

2020 1,898,376 0 0 1 0 0 0.52

2021 1,477,092 0 0 0 0 0 0

Occupational hazards, deaths and absence rate due to occupational injuries in the past 3 years at Evergreen Marine

Absence-causing accidents Note 1: Rate of deaths caused by occupational injuries, the rate of severe occupational
injuries (excluding deaths), and the rate of recordable occupational injuries are
Total work Absence Absence by
Year Absence by Absence rate calculated in millions of working hours (1,000,000 hrs)
Note 2: Rate of deaths caused by occupational injuries = Number of deaths ÷ Total
hours (hrs) by severe death by
occupational
working hours × Million(s) of working hours
occupational occupational
injuries
hazards hazards
Note 3: Rate of severe occupational injuries (excluding deaths) = Number of severe
2019 3,778,669 0 0 7 1.852504149 occupational injuries ÷ Total working hours × Million(s) of working hours
Note 4: Rate of recordable occupational injuries = Number of occupational injury cases
÷ Total working hours × Million(s) of working hours
2020 3,805,241 1 1 5 1.839568111 Note 5: Non-employees refer to workers whose work and/or the place where they work
are controlled by the organization, such as volunteers, contractors, individuals,
2021 4,461,121 0 0 6 1.344953432 self-employed workers, or temporary workers.
Note 6: In 2021, the majority of occupational injuries at Evergreen Marine were cutting,
scarping, clamping and being caught in the machine/equipment, etc.

In 2021, no employee or non-employee suffered from heat hazard, chemical hazard, noise hazard, falling or other occupational diseases/incidents.

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4-3 Talent Development

4-3-1 Talent Development
Education and Training
Evergreen Marine has always embraced the philosophy that “talents are the most important assets of an enterprise” in teaching young people
everything from scratch, and providing complete training courses for the employees through training courses, case operations, theme lectures, sharing
seminars, and in-service training. The Company also improves the depth and breadth of employees’ professional functions via “rotation schemes,”
and provide “expatriate assignment” to enhance employees’ international horizons and career development.

In addition, Evergreen Marine created the innovative “ship-shore rotation” system years ago to provide ship personnel with the opportunity to work on
shore. The professional knowledge of outstanding ship personnel help improve the overall efficiency of the service chain.

Onshore Personnel On-Board Personnel

Professional Functions Professional Functions

• Managerial employees: help managerial employees develop
their management skills by methods of competency mapping
• Non managerial employees: Plan professional function
training courses to enhance their professional skills with the
long-term goal of developing a comprehensive training
system based on the development of functions
General Functions
• Orientation training
• Departmental professional training
• Management training
• Study of language
• Information security training
• Corporate Sustainability training
• Competition law seminars (irregularly)
• Evergreen Group loss prevention seminars
• Occupational safety & health and workplace health
promotion seminars
The Seafarer Training Center continues to provide a wide array of training courses
for onshore and ship duty personnel at Evergreen Marine and other shipping
companies in the group based on the work and professional needs. A total of 23
courses were offered in 2021, including:
• In light of the main engine design on our new ships, we were the first
company in Taiwan to organize training course on WINGD main engine
control system. A total of 133 sessions of trainings were organized at the
training center in 2021, with more than 1,087 participants.
• Control simulation training: 360-degree fully functional shipboard simulators,
a fully functional engine simulator, and a variety of main engine control
simulators.
General Functions
• Maritime knowledge, technologies, and legal knowledge
• Environmental regulations and emission standards
• Preboarding orientation for managerial and operational staff
• Occupational safety training for ratings

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Orientation training
New employees are required to undergo orientation training, which
includes the Company's core values, management regulations,
compliance policies, shipping basics and related legal requirements. We
also arrange new employees to tour the facilities of Evergreen companies
and visit the ships. The training helps new employees learn about our core
values, quickly embrace our corporate culture and become a member
of the Evergreen family. Training programs on professional knowledge
are arranged for new employees once they report to their assigned
departments. Senior personnel act as “mentors” for new employees.
During the employee probation period, the company will ensure that the
learning outcomes of new employees meet the standards via evaluations,
reviews and assignments such learning reports from the new employees
before the end of the probation period. A total of 82 new employees
employed by Evergreen Marine and the shipping agency departments
under its affiliate participated in the orientation training in 2021.
Departmental professional training
An annual training plan is proposed by each department based on the
education and training principles. Each person must undergo at least 12
2021 Corporate Social Responsibility Report
hours of internal professional training every year, and the course content
includes (inter) departmental knowledge, improvement of operational
quality, occupational safety and health, Authorized Economic Operator
(AEO) and corporate social responsibility courses. After the training course,
the outcomes are recorded in the education and training management
system. In 2021, the internal training hours of each department totaled 653
hours, and the implementation rate reached 100%.
External professional training
Every year, professional training courses provided by external training
organizations or guided by external professional consultants are organized
in accordance with the laws and regulations to increase employees’
knowledge and skills.
Management training
The training course conducted through internal/external lecturers and the
online learning system for newly promoted or appointed junior managers
encompassed administrative management and the development
of management communication skills and effective handling of
generational gaps on expectation.
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Mobile learning
To ensure that our employees can learn in a timely and convenient
manner, Evergreen Marine arranges physical training courses based on
our annual training program and has procured online courses externally
for supervisors, both domestic and abroad, to take for free. To encourage
all of our employees to continue learning, they will receive 75% of
subsidy when they sign up for external online courses appointed by the
company.
Information security training
To strengthen the employees' awareness and attention to information
security, every year, Evergreen Marine arranges all employees to receive
0.5 hour of information security training and take an online test after
class on a regular basis. In 2021, 1,883 employees completed the training,
accounting for 95.97% of onshore personnel.
Corporate Sustainability training
Evergreen Marine began providing English editions of the Ethical
Management Principles, Code of Ethics, Anti-Corruption Policy, Evergreen
Fleet Environmental Policy, and Evergreen Cyber-Security Policy on
our intranet to enhance employees’ understanding of our ideals and
activities on sustainability issues. On the other hand, for major issues such
as climate change and net zero emissions, Evergreen Marine has planned
and recorded a series of courses, which include COP26’s impact on the
shipping industry and the countermeasures. With these online learning
courses, we help our employees to further understand the major issues
faced by the company or this industry.
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Study of language
Evergreen Marine’s rules on language studies provide subsidies for
employees with at least one year of service studying English, Japanese,
Spanish, French, Italian, Germany and Russia at designated educational
institutions or e-learning websites. The Company also pays for one test
by each person to track their English proficiency and as part of the
promotion process. These provide employees with an incentive for
improving their foreign language proficiency and provide opportunities
for expatriate assignments. Language subsidies amounting to NT$110,110
were provided for 32 employees in 2021.
Training for on-board personnel
The “Evergreen Seafarer Training Center (ESTC) was established by
Evergreen Marine in 1999. Aiming to "improve know-how and prevent
marine accidents and pollution," the ESTC organizes professional training
in accordance with the International Convention on Standards of Training,
Certification and Watchkeeping for Seafarer (STCW) and relevant
maritime laws and regulations. Additional professional development
courses are also administered by the ESTC based on mariners’ roles
aboard the ship to keep them up to date on the latest navigational
knowledge and techniques and relevant laws and regulations and boost
their navigation and engineering expertise.
 2021 Corporate Social Responsibility Report

Total training hours in 2021

Onshore duty On-board duty

Non-
Management Management Non-management
management
Subtotal Subtotal
Female Male Female Male Female Male Female Male

Total
5,596.0 22,017.2 7,665.0 12,259.0 47,537.2 80.0 3,624.0 32.0 672.0 4,408.0
hours

Average
62.2 62.2 14.3 16.9 27.9 4.4 16.2 16.0 2.3 8.3
hours

Note 1: The number of employees was as of December 31, 2021.

Note 2: Onshore managerial personnel refer to deputy managers or above. Ship management personnel refer to officers. Non-management personnel
are ratings.

In terms of operational quality assurance, the ESTC

has obtained the certification of ClassNK's ISO
9001:2015, maritime training center, and its training
courses and lecturers and assessors. The ESTC is
equipped with a 360-degree fully functional shipboard
simulators, a fully functional engine simulator, and a
variety of main engine control simulators. A variety of
auxiliary teaching aids and software tailored to the
Evergreen fleet were developed internally to provide
a diversified teaching environment. It strives to
improve the professional skills of seamen through comprehensive equipment and rigorous professional standards. In addition to internal training, the ESTC
also conducts training commissioned by the MOTC. The ESTC continues to provide environmental training for seamen in response to increasingly stringent
and constantly changing environmental protection regulations. All possible care is being taken to ensure that all related training conforms to the latest
environment requirements of each nation and to do our part of protecting marine ecology.

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4-3-2 Rotation and Internationalization

As an international shipping company, Evergreen Marine implements the rotation scheme in order to help employees master professional knowledge
from different fields and pave the way for greater diversity in career development. The Company has service bases all around the world, which provide
various overseas job opportunities for onboard and onshore personnel to expand their international horizons and mindset under the comprehensive talent
development model and staff promotion system, so they can become maritime management talent with a global perspective.

Multi-discipline rotation training

Enable employees in different professional fields to conduct interdisciplinary learning through job rotation programs, in order to broaden the views of
employees, enhance the communication effectiveness between departments, and improve career development of employees in the future.

Ship-shore rotation training

Evergreen pioneered the “ship-shore rotation” system to provide on-board personnel with opportunities to work on shore, as well as diversified
and comprehensive career development. The longstanding initiative not only helps ship personnel to balance work and family life but also makes
their extensive professional knowledge and experience of working at sea available during onshore assignments. Benefits include better ship-shore
coordination, better management of shipping operations, and improvements in the overall operating efficiency of the service chain. The Company also
provides on-board personnel with opportunities to work overseas. Training with multinational talent enables them to broaden their international vision and
horizons, ultimately contributing to Evergreen Marine's maritime management worldwide.

International talents training

Employees stationed overseas get to broaden their international business vision and horizons. To help expatriate personnel understand the missions and
responsibilities of their new overseas role, training related to the nature of their future positions is arranged by the Company before departure. As of the
end of 2021, more than 300 personnel were dispatched overseas to support sea shipping-related activities, making us one of the few domestic enterprises
with a high degree of internationalization in both depth and breadth.

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4-4 Industry-Academia Collaboration

4-4-1 Industry-Academia Collaboration and Recruitment
To expand the maritime talent cultivation and enhance the soft power in the shipping industry, Evergreen Marine, based on the spirit of reciprocal benefit
between the industry and the academia, collaborated with National Kaohsiung University of Science and Technology (NKUST) to establish the "Post-
graduate Diverse Talent Training Program on Marine Engineering”.

This training program was organized to meet the company's need for sustainable development by expanding the Taiwanese maritime talent
development via more channels. The close industry-academia collaboration has given the young people who did not major in maritime majors in college
but wish to enter the field an opportunity to receive professional training and find a job in the field right after completing the program. In 2016, Evergreen
Marine worked with National Kaohsiung Marine University (predecessor of Kaohsiung University of Science and Technology) to establish the “Post-graduate
Shipping Technology Talent Training Program”. Many who have completed this program have joined our fleet with great performance.

"Post-graduate Diverse Talent Training Program on Marine Engineering” recruits non-marine engineer major graduates. Anyone who has a bachelor
degree and has completed the compulsory military service (or has exemption from it) can sign up to take the test for program. Those who been admitted
will attend 3 semesters (18 months) of the program at the Cijin campus of NKUST. The students, with the intense training, will acquire comprehensive
knowledge and skills in this field with hands-on experience at NKUST's Practice Workshops of Ship Machinery. By combining theory and practice, these
students will become excellent marine engineering talents.

Evergreen Marine will subsidize the entirety of tuition and part of the dorm costs for the students. Students who have completed the program and are
qualified can join the 1-year internship program on an Evergreen ship. Those who have performed well during the internship and obtained certificate of
competency can officially become an Evergreen seaman.

Evergreen Marine provides a diverse and comprehensive career development path for our seamen. While working on a ship can broaden one's horizon,
our innovative ship-shore rotation allows our seamen to balance work and family. With our global service network, we have positions available for marine
engineering personnel at our key operating locations across the world. With our proper training and promotion mechanism, we develop our seamen's
international business perspective and mindset and turn them into maritime management talents with a world perspective.

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Industry-Academica Collaboration Training Program

In 2020, Evergreen Marine worked with the National Taiwan Ocean University
to establish the "Post-graduate Diverse Talent Training Program on Marine
Engineering". The students completed the program in January, 2022 and 20 students
participated in the “Seamen Onshore Training and Competence Assessment”
by Maritime Port Bureau in March this year. 18 passed the test at the first try and are
qualified to join the on-ship engineer cadet program. Evergreen Marine will assign
them to different ship to start their next chapter of learning and internship. The
Seamen Department arranged a two-day orientation at the Evergreen Seafarer
Training Center for all the students from this training program in March to help
them be prepared both professionally and mentally before starting working on a
ship. 3 months after they start working on a ship, we will ask the supervisors on the ship about the
performance, language skill, interpersonal relationship on the ship and learning capability of these
engineer cadets to keep track of how they are learning on the ship.

We expanded our new generation maritime talent development to southern Taiwan in 2021.
Evergreen Marine worked with the National Taiwan Ocean University to establish the "Post-
graduate Diverse Talent Training Program–Two-year Technical Day School Program on Marine
Engineering", which admitted a total of 23 students. The program is currently in progress. With
a tight class schedule, they are scheduled to graduate in September, 2022 and will participate
in the “Seamen Onshore Training and Competence Assessment” by Maritime Port Bureau in
November.

Talent Recruitment
To meet the needs of our growing business, Evergreen Marine started its onshore employee recruitment program in March, 2021. We held multiple
recruitment orientations at multiple universities before the pandemic, helping these young students learn about what shipping companies do and its
development prospects. In 2021, Evergreen Marine and the shipping agency departments under its affiliate businesses hired a total of 82 new employees.
The recruitment for seamen at Evergreen Marine is an on-going process all year long on the company’s official website. We also recruit excellent
navigation and marine engineering talents from maritime schools, training institutions and other diverse channels.

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4-4-2 Develop the Next Generation Maritime Talents

To enable students from maritime colleges and universities to recognize the Company's core values early, Evergreen Marine continued to pre-select
interns from maritime colleges and universities in 2021. To meet the need for talents for our future fleet expansion, we increased the number of interns from
30 from the year before to 33 interns from the navigation and 36 interns from marine engineering departments. The 59 interns were arranged to start their
internship programs on the ocean in the summer.

Through the exchanges with the teachers at various maritime schools, we have realized that
students from maritime schools in remote areas generally lack an understanding of the career
development of seamen on commercial ships. Therefore, in April, May and December, we
sent representatives to National Penghu Marine & Fishery Vocational high School and National
Tung Kang Maritime & Fishery Vocational high School to hold two seminars on seamen career
development, which were well received by students and their parents.

In the “Excellent Shipping Companies of 2020” list by MOTC, Evergreen Marine ranked first
in the “Number of on-ship interns and internship days for students from domestic maritime
schools” category, with 130 interns and 13,609 days of internship. In the ““Number of on-
ship interns and internship days for students (excluding domestic maritime schools)” category,
Evergreen Marine also ranked 1st, with 169 interns and 21,628 days of internship. Evergreen
Marine was also recognized as the best shipping company with best “industry-academia
collaboration” performance.

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4-5 Social Engagement

4-5-1 Popularization of Marine Culture
Sponsored the “Paint a Marvelous Ship - National Elementary School Maritime Drawing Competition”
Evergreen Maritime Museum under Chang Yung-Fa Foundation held the “9th Paint a Marvelous Ship –
National Elementary School Maritime Drawing Competition” with the award ceremony held at B1 of the
foundation on November 13, 2021, with Hung-Ming Yang, a senior captain of Evergreen Marine, invited as an
award presenter.

This marked Evergreen Marine and the foundation’s 5th time to collaborate on the drawing competition. The
theme was “maritime environmental protection” and judging from approximately 700 submissions, children
are no stranger to environmental sustainability issues, which is a comforting fact. The CEO of the foundation
also thanked the employees from Evergreen Marine for putting up a good show with their “Pandemic
Prevention Play”, which boosted the atmosphere at the ceremony to a new high for more than 200 adults
and children in attendance.

The competition this year added the “Angel Category” awards

for disabled students. Feng-Yi, Lee, director of counseling at Donghu
Elementary School, led 3 special-need-class teachers and 3 winning
students to attend the ceremony. With the encouragement from the
“Pandemic Prevention Play”, these students with special needs joined
the rest of the crow and danced to the hand washing song, which was
another highlight from this heart-warming and packed ceremony.

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4-5-2 Community Relationship Development

Plant a Tree for a Sustainable and Green Earth
To illustrate Evergreen’s determination to address issues of environmental protection, Chairman Chang and the Deputy Senior Vice President, Mr. Huang
led 132 employees and their families who participated in Planting Activities at "JIABAO BEACH" in northern Taiwan and "DAPINGDING" in Kaohsiung on
September 30 and also on December 4 this year. Both the passion and enthusiasm of all participants were on display as 400 tree saplings with a total area
of 11,000 square meters were planted, achieving some marvelous results for "Green Earth". We hope that by planting tree at these places, we can create
a greener earth with carbon reduction and fixation.

Date Participants Details

300 swamp oaks, linden
82 employees hibiscus and other plants
October 30, 2021 and family suitable for coastal line
members were planted by the
coastal line in Linkou.

We excavated earth, put

in the seeds (a total of 100
50 employees tree saplings for Formosan
December 4, 2021 and family ash, flame gold-rain tree,
members Chinese elm and Chinese
soap berry) and watered
them.

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Beach Cleaning Activities

To safeguard the oceans, Evergreen Marine Kaohsiung Terminal Division’s beach
cleaning activity at Shanwei Harbor in Linyuan District on October 16 was organized in
association with The Society of Wilderness. The day began with staff members of The
Society of Wilderness explaining how the beach cleaning activity would be conducted,
and was followed by the presentation of a letter of gratitude thanking the company for
its passionate support of environmental protection. Then, the beach cleaning activity
began under the bright sun.

They cleaned approximately 300 meters of beach, collecting around 167kg of various
types of garbage. With the help of The Society of Wilderness, they classified and
recorded the garbage, which was dominated
by PET bottles and glass bottles.
The employees’ enthusiastic participation
demonstrated their commitment to protecting
the marine environment. Through this activity,
employees lear ned that environmental
protection cannot wait, and that plastic
reduction is the key to protecting marine life
and preserving the environment.
Heartfelt warmest wishes from Evergreen for
Christmas
Evergreen Marine placed orders with SeFun Bakery
House, Amazing Grace Deaf Bakery, Syin-Lu & Yu-Cheng
Social Welfare Foundation to supply Christmas gifts for
colleagues.
Before Christmas, Evergreen Marine worked with the
Chang Yung-Fa Foundation to make a donation of two
new storage cabinets as well as 30 used chairs to the
charity group, Grown-up with hands family and arranged
for an employee to become Santa Claus for the day to
deliver gifts to eager children.

In addition, volunteers from Evergreen Marine also went

to St. Teresa Children Center and served Christmas dinner
which had been provided by Evergreen Sky Catering
Corporation. The Evergreen Symphony Orchestra's String
Quartet also went along to perform Christmas songs at
the Christmas party. Audiences enjoyed the evening very
much and really appreciated Evergreen's special efforts.

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Marine Terminal Management

1. Evergreen Marine continues to cultivate Kaohsiung by leasing the dedicated Kaohsiung International Container Terminal 7.
Evergreen Marine invested in the berth S1 to S5 of dedicated Kaohsiung International Container Terminal 7 at the Kaohsiung Port to continue
its effort to cultivate the Kaohsiung Port into a major transshipment hub in east Asia. The terminal provides automatic container loading,
unloading and other facilities with the designed annual capacity of 6 million TEU.
2. Evergreen Marine will reduce emissions from ships during ship turnaround in accordance with the Green Port Policy of the Ministry of
Transportation and Communications, in order to improve air quality near ports and create an environmentally friendly green port. The
Company has carried out the following measures:
a. High-quality low-sulfur fuel only for ships in the international commercial ports.
b. Reduce ship speed to 12 knots (nm/h) within 20 nautical miles from the Taiwan Strait.
c. Coordinate Taiwan International Ports Co., Ltd. to test the feasibility of connect to shore power when ships are berthed.

4-5-3 Social Welfare Participation

Earth Day 2021, Evergreen loves the Earth
Evergreen invites colleagues to promote a ‘green life’ and take part in environmental protection activities
together for Earth Day. The event has received hundreds of joint statements and messages from colleagues
throughout the run-up to the event. As examples of responsible actions, our colleagues bring their own cup or
reusable tableware to work in order to avoid wasting resources. We also encourage recycling and climbing stairs
instead of taking the elevator. In addition, many departments turn off lights and computer equipment during
breaks and non-working hour, which has indeed achieved the goal of saving energy.

On Earth Day, in addition to continuing to implement energy saving and carbon reduction
efforts, the less-processed and high-fiber lunch, meticulously prepared by the company, has also
won the support and praise of our colleagues. While enjoying healthy and delicious meals, we
can also achieve the effect of reducing carbon emission and environmentally friendly.

What’s even more inspiring is that various overseas companies have joined our Earth Day
activities. From the photos sent back from Asia, Europe, and the Americas, we can see
everyone protecting the environment with a smile; turning off unnecessary lighting and electrical
equipment, helping to green the environment to by reducing carbon emissions, using their own
tableware, and climbing stairs instead of using elevators, etc.

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Evergreen Marine Joins Chang Yung-Fa Foundation to Donate

Computers to Charity
Evergreen Marine has worked with the Chang Yung-Fa Foundation to
organize a number of charity activities in recent years, including One-
Day Seafarer camps, an ocean painting contest, seafaring careers
seminar, donations of books, and sponsorship of field trips. More recently,
Evergreen Marine made a donation of 120 computers to Zhongxin,
Meihua, and Waishe elementary schools in Taoyuan, and held a donation
ceremony at the Chang Yung-Fa Foundation on November 9, 2021 to
mark the occasion.

Sponsored the Delivery of Props for“Art on Ice”organized by

UdnFunLife
Evergreen Marine has long been focusing on and sponsoring the delivery
of props for arts and cultural activities, supporting performances of foreign
artists and cultural groups with high quality in Taiwan, so that Taiwan
citizens can appreciate world-class art without going abroad. However,
due to the COVID-19 pandemic, Art on Ice, an ice skating gala that was Date Name of concert Invited group
scheduled to perform in Taiwan May, 2021, was forced to postpone until
Music Rises in
further notice by the organizer. February 5 Open to the public
Youth

April 4 Petrushka Open to the public

Sponsorship of the Evergreen Symphony Orchestra
The Praise of Taiwan Vineyard Arts
Evergreen Marine promotes the development of classical music in Taiwan September 4
Freedom Association
with concrete actions. In 2021, the Company continued to sponsor Visually impaired friends
Evergreen Symphony Orchestra’s classical music concert at the National A Night at and volunteers from the Arts
October 21
Concert Hall. In addition to inviting employees and their family members Brahms Promotion Association for the
Disabled R.O.C. were invited
and customers to the concerts, we gave the tickets to volunteers who
served charity, disadvantaged, and social welfare groups in the hope of Visually impaired friends and
Dreaming volunteers from the Mao Bao-
relieving their physical and psychological stress through the appreciation November 6
Back to Italy Qing Music Culture Foundation
of music and art. were invited

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Sponsored CNYES'“A Warm and Loving Heart”
charity
Evergreen Marine sponsored the “A Warm and Loving
Heart” charity event by CNYES, a well-known financial
news website. With “Giving in the Land of Love” as
the theme, this charity event gathers the supplies and
donations from various businesses and distribute them to
social welfare groups in need with the hope that this will
inspire other businesses to follow suit.
Sponsored China Times's “New Hometown
Mobilization” Column
Evergreen Marine supports quality columns in the media,
with one of them being “New Hometown Mobilization”
on China Times. This column interviews social enterprises
and community builders across Taiwan to draw up the
“hometown map”, showing readers the vibrant vitality of
this land.
Sponsored Business Today's ESG Sustainable Taiwan
International Summit
Evergreen Marine has been paying close attention to
the ESG development trend for years and now sponsors
Business Today’s ESG Sustainable Taiwan International
Summit, which invites experts, scholars and business
representatives to speak, discuss and encourage
businesses to promote ESG issues. Evergreen Marine
has also been invited to this event to talk about the
Company’s efforts and results in ship recycling and the
environmental policy.
2021 Corporate Social Responsibility Report
Supports COP26 Summit
To achieve the vision of green sustainability
and co-prosperity with the earth, Evergreen
Marine has been paying close attention
to the issues of COP26. Lloyd’s List and
the Loadstar, two mainstream shipping
media, always cover the summit during
its sessions. To support the COP26 summit,
Evergreen Marine has put out ESG-
related advertisements next to any articles
covering the COP26 summit on these
two media outlets, as an attempt to help
others understand how much importance
Evergreen Marine attaches to ESG.
These two websites are also linked to the
Company’s CSR website, helping people
and businesses abroad better understand
Evergreen Marine’s vision, commitment
and strategy for a sustainable planet and
environmental protection.
Sponsored United Daily's “United Daily 70” Project
As United Daily celebrates its 70th anniversary, it now supports a core spirit of “Become a
sustainability hub in the changing times”. Evergreen Marine sponsored this event in the
hope to, with United Daily, witness the power that will keep the economy going strong
and find the solution for sustainability and mutual prosperity. Together, we can achieve
our vision and create a wonderful world.
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5 Stakeholders and Issues Management

5-1 Communication with stakeholders

5-2 Material Issues Management

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Evergreen Marine anticipates smooth operations and will rely on the support and joint efforts of stakeholders. Thus, effective communication and
interaction are indispensable in the Company’s business operations. As a major shipping company in Taiwan, Evergreen Marine is aware of the
importance of stakeholder opinions, and understands and responds to relevant stakeholders and their concerns after thorough analysis.

5-1 Communication with stakeholders

Evergreen Marine identified 9 important types of stakeholders based on past stakeholder communications and the disclosure of other international
shipping companies. The 23 departments of Evergreen Marine then took part in jointly evaluating the extent of each stakeholder’s relationship with the
Company based on the five principles of Responsibility, Influence, Tension, Diverse Perspectives and Dependency from AA1000 SES. In 2021, Evergreen
Marine reexamined the stakeholders and material issues. The stakeholders ranked by the degree of their relationship with Evergreen Marine from high
to low are as follows: employees, government and competent authorities in the nation of registry, customers, suppliers, other shipping companies,
shareholders/investors (institutional investors), community and society, social groups/non-profit organizations and media. The top six are our major
stakeholders. We are in contact with all types of stakeholders through regular/ad hoc channels to ensure full communication on every issue.

Communication with stakeholders

Employee

Importance to Communication channel and frequency Communication performance in 2021

Issue
Evergreen Marine

The members •Operating •Contact person: Mr. Huang, Human Resources 1. Published 7pieces of clubs/activity information, 83 pieces
and assets of the performance Department. Email: hrd@evergreen-marine. of employee purchases/travel discount information,
Remuneration com (any time) and 17 pieces of occupational safety/health education
Company
•benefits & •EIP e-Bulletin board (any time) information on the EIP in 2021
employee care •Operating meetings/Departmental meeting 2. Senior executives hold monthly business meetings and
•Corporate (monthly) announce important matters on the EIP; unit supervisors
governance and •Inter-departmental meetings (when necessary) hold monthly departmental meetings. In addition, inter-
ethical corporate •Senior executive dialogue (annually)/Employee departmental coordination meetings are held at any
management interviews on work (biannually) time depending on business needs. One senior executive
•Information •Labor-management meeting/Employee dialogue session was held at the end of 2021
security and Welfare Committee/Labor Safety and Health 3. The labor-management meeting, the employee welfare
customer privacy Committee meeting/Labor Pension Preparatory committee meeting, the labor safety and health
protection Fund Supervisory Committee (quarterly) committee meeting, and the labor retirement reserve
•Occupational •Dedicated grievance e-mail supervision committee meeting are all held quarterly, and
safety and labor •Dedicated sexual harassment complaint each was held 4 times in 2021
health hotline/email (any time)

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 2021 Corporate Social Responsibility Report

government and competent

authorities in the nation of registry
Importance to Communication channel
Issue Communication performance in 2021
Evergreen Marine and frequency

Communicate with •Occupational •Contact person: 1. Due to the pandemic, the compliance department did not visit any competent authority
safety and Mr. Yu, Business in person. However, it still complied with competent authorities’ requests and provided
the government to
labor health Coordination information and opinions on the container industry to help competent authorities understand
help it understand how the pandemic has impacted the industry
•Operating Department
our operations 2. As a WSC member, Evergreen Marine, via WSC, explained the causes behind the supply chain
performance Email:
crisis and how container shipping companies coped with it to the competition law authorities
and contribute our •Remuneration csr@evergreen- in the US, EU and the UK. The Company also provided improvement suggestions
expertise in shipping •Benefits & marine.com (any 3. Under the request of competent authorities’ requests, the Company replied regarding the
employee care time) collected opinions regarding merging the upstream and downstream suppliers, fees collected
to the policy and •Labor relation •Letter (when under the pandemic and countermeasures questionnaire results. Evergreen Marine also used
law-making process •Human rights necessary) this opportunity to convey the Company’s business strategy and opinions regarding the
and inclusivity •Visit (when industry to the competent authorities
•Compliance necessary) 4. The Company’s staff participated in the meeting called by “International Sea Freight Stable
•Conference (when Operation Group” of Maritime and Port Bureau and expressed the supply chain crisis this
necessary) Company faces during the pandemic and discussed a solution with exporters and related
competent authorities

Customers

Importance to Communication channel and frequency Communication performance in 2021

Issue
Evergreen Marine

Optimize •Service quality and •Contact person: Mr. Chen, Auditing Department 1. The number of container reservation
customer satisfaction Email:aud@evergreen-marine.com (any time) orders via GreenX platform
services and
•Shipping management •Telephone (any time) increased by 101% compared to
communications 2020
•Information security •Visit (when necessary)
and promote 2. The overall satisfaction score for the
and protection of •Conference call (when necessary)
overall service performance was
e-commerce to customer privacy •Company website/mobile device (any time) 4.89 points (out of 5 points) in the
maximize value for •Risk control •Customer satisfaction survey (1-2 times/year) 2021 customer satisfaction survey,
•Ship safety •Ocean Alliance promotion seminar (when necessary) higher than 2020
customers •Operating •INTERCOM (any time)
performance

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Suppliers

Importance to Communication channel and

Issue Communication performance in 2021
Evergreen Marine frequency

Provide products •Supply chain •Contact person: Mr. Chen, 1. The Company communicated with suppliers via mails, phone calls or conference
management Auditing Department. Email: calls and asked suppliers to comply with the Company’s sustainable supply
and services
•Service quality aud@evergreen-marine.com chain management mechanism.
that satisfy the and customer (any time) 2. Due to traffic jams at the ports and shipping delays, the Company maintained
satisfaction •Conference (once or twice communications with suppliers and provided them with information such as
Company's quality
•Shipping a year for each business) estimated time of arrival, container quantity and destinations. This information
requirements and management •Sustainable supply chain will help logistics suppliers prepare the number of wagons and truck trailers
•Corporate self-evaluation questionnaire accordingly to help containers leave the port as soon as possible.
work together (annually)
governance and 3. All departments review and set targets for signing the Commitment and will
to build good ethical corporate •Supplier evaluation continue to collect the Questionnaire from main suppliers. By the end of 2021, 689
management (annually) suppliers signed the Supplier Social Responsibility Commitment, accounting for
services •Operating •Equipment efficiency
77% of the target number and 413 suppliers responded Supply Chain Sustainability
performance statistics (monthly)
Assessment Questionnaire, accounting for 78% of the target number.
•Occupational •Company website (annually)
safety and labor
health

Other shipping companies

Importance to Evergreen Communication channel

Issue Communication performance in 2021
Marine and frequency

Satisfy customer •Operating performance
requirements •Remuneration
•Benefits & employee care
through joint services
•Information security and
that meet the protection of customer
requirements of the privacy
•Supply chain management
Company
•Corporate governance
and ethical corporate
management
•Energy resource
management and green
shipping
•Contact person: 1. The Company usually holds physical conferences with and visits other shipping
Mr. Chen, Business companies that provide joint service with Evergreen Marine. However, due to
Coordination the COVID-19 pandemic, we switched to conference calls for communications
Department. Email: and to reach consensus over route collaboration.
bcdjvs@tw.evergreen- 2. In case of emergencies, we communicate with other shipping companies
line.com (any time) via phone calls or instant messaging apps. Usually, we communicate with
•Meeting (when them with emails, which can serve as a verification of each other’s rights
necessary) and obligations, without violating the articles and spirit of the joint-service
•Personal visit (when agreements.
necessary) 3. In 2021, the Ocean Alliance (OA) held 3 meetings to establish the route plan for
Day 5 Product in 2021 and discuss the route plan for Day 6 Product for 2022.

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Shareholder – institutional
investors
Importance to Communication channel and frequency Communication performance in 2021
Issue
Evergreen Marine

Provide the necessary •Operating performance •Contact person: Ms. Huang, Finance Department. Email: 1. A dedicated email and staff
funding for company •Corporate governance finir@evergreen-marine.com (any time) members to answer investors’
operations and and ethical corporate TEL：02-2500-1280 inquiries over the telephone
require transparent management •Investor service area on the Company's website (any time)• 2. 79 announcements of important
reports on business •Shipping management •Important financial and business information on MOPS (as information.
operations •Risk control per the regulations of competent authorities) 3. 2 investor conferences
•Respond to investor inquiries (when necessary) 4. 1 regular shareholder meeting
•Investor conference (when necessary)

Shareholder

Importance to Communication channel and frequency Communication performance in 2021

Issue
Evergreen Marine

Holder of the •Operating performance •Contact person: Ms. Chiu, Corporate Governance 1. A dedicated email, phone number
Company's shares •Corporate governance Department. TEL：+886-2-2500-1668 and staff to answer shareholders’
with the right to and ethical corporate •Investor service area on the Company's website (any time) inquiries
attend and vote management •Important financial and business information on MOPS (as 2. 79 announcements of important
in shareholders •Shipping management per the regulations of competent authorities) information
meetings. •Risk control •Respond to investor inquiries (when necessary) 3. 2 investor conferences
•Investor conference (when necessary) 4. 1 regular shareholder meeting

Community and society

Importance to Communication channel and frequency Communication performance in 2021

Issue
Evergreen Marine

Local residents •Information security and
and groups closely protection of customer privacy
•Remuneration
connected to the •Benefits & employee care
Company's location •Operating performance
and services •Service quality and customer
satisfaction
•Contact person: Mr. Wu, General Affairs Department. 2 community questionnaires (as
Email：gadgas@evergreen-marine.com (any time) necessary)
•Conference (when necessary)
•Personal visit (when necessary)
•Questionnaire (when necessary)

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Social group/non-profit
organization
Importance to Communication channel and
Issue Communication performance in 2021
Evergreen Marine frequency

Our partners in •Occupational •Contact person: Mr. 1. Sponsored the “Paint a Marvelous Ship - National Elementary School Maritime
the engagement safety and labor Lai, Human Resources Drawing Competition” by Evergreen Maritime Museum with the theme of
health Department. Email “maritime environmental protection”
：hrd@everegreen-marine.
of public care • Corporate 2. Sponsored 2,288 tickets to 5 classical music concerts by the Evergreen Symphony
and philanthropic governance and com (any time) Orchestra. The tickets were distributed to employees, their family members,
activities ethical corporate customers, social welfare groups and volunteers
management •Conference (when 3. Beach cleaning activity with employees and their family members in Kaohsiung
• Ship safety necessary) with 167 kgs of waste removed from the beach at Shanwei Harbor in Linyuan
• Compliance •Personal visit (when District on October 16
• Climate necessary) 4. Encouraged employees and their family members in northern and southern
change risk and Taiwan to participate in the “Plant a Tree for a Sustainable and Green Earth”
opportunity activity, with 300 plants planted at the Jiaboa Beach in Linkou on October 30 and
management 100 planted at Dapingding in Kaohsiung on December 4
5. Evergreen Marine made a donation of 120 (used) computers to Zhongxin, Meihua,
and Waishe elementary schools in Taoyuan on November 30
6. Donated new and use furniture to the “Grow-Up Home for the Disabled” under
the Catholic ShihGuang Children’s’ Home on December 10 and sponsored
Chirstmas meals for the St. Teressa Children Center on December 18.

Media

Importance to Communication channel and frequency Communication performance in 2021

Issue
Evergreen Marine

Through •Shipping management •Contact person: Ms. Yang, Public 1. In April and August, the Company invited media outlets
communication •Compliance Relations Department. to the physical investors conference. An approximately 40
with media, publish •Risk control E-mail： members from the media attended the two conferences.
positive information •Climate change prd@evergreen-marine.com (any time) 2. The Company held a physical shareholder meeting in
about the Company risk and opportunity •Shareholder meeting (annually) July. However, due to the pandemic, media outlets were
management •Investors conference (when necessary) only able to watch the livestream and approximately 35
and clarify untruthful
•Fleet decarbonization •Press release (when necessary) members from the media watched it.
rumors to boost the R&D •Clarification statement (when necessary)
Company’s image

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5-2 Material Issues Management

We developed a questionnaire and surveyed the 9 types of stakeholders and internal executives to understand the extent of stakeholder concern
on each sustainability issue, as well as the external economic, environmental and social impacts of Evergreen Marine operations. The sustainable
development of an enterprise involves a wide range of issues. We have generalized 23 sustainability issues from the characteristics of the industry,
international tendency, and important facets of sustainability. These issues included corporate governance, economic issue, environmental issue, labor
and human rights issue, social issue, product liability issue, etc. In 2021, Evergreen Marine reexamined the external stakeholder survey and distributed
23 copies of questionnaires about issues of concern to internal executives. Analysis of survey responses from the six types of stakeholders with a higher
degree of relationship yielded a ranking of 23 issues by degree of concern and degree of impact. A materiality matrix was then drawn up using these
results
Corporate Sustainability Issues
Operating performance G
Corporate governance corporate management
Operating performance
Work environment safety and labor health protection Shipping performance
Service quality and customer satisfaction
Risk control
Compliance Ship safety
Degree of stakeholder concern

Supply chain management

Compensation, welfare and employee care
Energy and resource management and green shipping
Human rights and inclusion
Supply chain management Risk control
Technological innovation
Shipping performance
Compliance
Information Security and
Protection of customer privacy Corporate governance Information Security and Protection of customer privacy
corporate management Service quality and customer satisfaction
Ship safety Climate-related risk and opportunity

Emissions and management Energy and resource management and green shipping E
Labor-management relations Fleet decarbonization technology research and development
Fleet decarbonization technology research and development
Emissions and management
Talent recruitment and training Climate-related risk and opportunity
Social care and philanthropic activities
Environment impact and ecological conservation
Waste management Waste management
Environment impact and ecological conservation

Talent recruitment and training S

Technological innovation Compensation, welfare and employee care
Labor-management relations
Public affairs and international participation Human rights and inclusion
Work environment safety and labor health protection
Public affairs and international participation
Social care and philanthropic activities
Degree of economic, environmental and social impact

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 Chapter 05 Stakeholders and Issues Management

Evergreen Marine defined material issues as those that ranked highly in terms of stakeholder concern or impact or operations, or those that ranked as high in one or
moderate in the other. In line with the trends on sustainability disclosure and important impacts of the industry, the Company has identified fourteen material issues in 2021,
namely operating performance, compliance, corporate governance and ethical corporate management, shipping management, occupational safety and labor health,
information security and protection of customer privacy, remuneration, benefits & employee care, energy resource management and green shipping, ship safety, risk
control, climate change risk and opportunity management, emissions and pollution management, customer satisfaction and fleet decarbonization R&D. To ensure that all
material sustainability issues are properly managed, Evergreen Marine has established complete management policies as well as measurement and management systems
for the aforesaid eight material issues. We also follow-up annual performance and set goals for the future in the hope to make improvement in all aspects every year.

2021 Operating Performance 2021 Shipping management

Material Issues Material Issues

GRI/internal topic Economic performance (2016) GRI/internal topic Shipping management

Evergreen Marine always strives to deliver a sound operating

Meaning to A flexible business strategy is crucial to the continued operations
Meaning to Evergreen Marine of a shipping company in a changing business environment.
performance as it is our way of responding to shareholders’
Evergreen Marine expectations.
Direct impact
Evergreen Marine and customers
Direct impact boundary
Evergreen Marine, shareholders/investors, and employees
boundary Indirect impact
Other shipping companies
Indirect impact boundary
Suppliers
boundary Management
Strengthen joint-operation routes and expand the service network
1. Conduct investment and capital management in accordance policies
with internal management regulations and processes
Management In 2021, the OCEA Alliance (OA) established 39 lines under the Day
2. Ensure compliance with regulatory requirements, compile
policies financial statements with proper expressions, and disclose
5 Product, with 334 ships and a combined capacity of 4.03 million
TEU; to provide better, faster and more stable product service,
important financial and business information
OCEA Alliance established 42 lines under Day 6 Product, with 352
ships and a combined capacity of approximately 4.43 million TEU.
Evaluation
mechanisms and Filed the financial report and disclosed material financial and Evaluation OCEA Alliance first duration will expire on March 31, 2027. Shipping
companies in the OCEA Alliance are working closely on the
performance in
business information every quarter as well as annually as per the mechanisms and
relevant laws and regulations in 2021 current 8 major routes (Far East/Europe, Far East/Mediterranean,
2021 performance in Far East/US East Coast, Far East/US Southwest, Far East/US
2021 Northwest, Far East/Middle East, Far East/Red Sea and Pan-
1. Strictly observe the relevant laws and regulations and ensure that Atlantic routes) and adjust the routes as needed in this changing
information disclosed to internal/external stakeholders as well as business environment and market to meet the customers’
Future goals financial information is disclosed in a transparent manner demands. We strengthened collaboration on the best-performing
2. Keep a close eye on tax related issues worldwide and discuss routes and formed partnerships on other niche routes, such as the
their material impacts on the Company’s finances Africa, India/Pakistan and Australia.

Future goals Continue the joint operations and develop new routes
Sustainable Strategy and Achievements
Corresponding CH1 Marine Business
Sustainable Strategy and Achievements
section CH2 Corporate Governance Corresponding
CH1 Marine Business
CH4 Common Prosperity section CH2 Corporate Govern

146
 2021 Corporate Social Responsibility Report

2021 Compliance
Material Issues

Compliance related to
GRI/internal topic Compliance in society and economics (2016)
environmental protection (2016)

Meaning to
Compliance forms the basis of business operations, so a complete system has been put in place by Evergreen Marine to ensure full compliance
Evergreen Marine

Direct impact
Evergreen Marine
boundary

Indirect impact
The government and competent authorities in the country of registry
boundary

1. Continue to follow the latest

trends in inter national and
Management regional regulations. 1. Implement ethical corporate management
policies 2. Apply such trends above to the 2. Protect human and labor rights
fleet management and ensure
that the fleet is compliant.

1. MEPC for mulated the EEXI
and CII regulations in 2021.
The Company notified related
departments for them to make
Evaluation countermeasures in response.
2. In response to IMO’s sulfur
mechanisms and
restriction, 86.7% of our old ships
performance in have installed desulfurization
2021 equipment and 100% for our new
ships.
3. 71 ships of Evergreen Marine
utilized UV sterilizer to treat bilge
water in 2021.
1. In 2021, Evergreen Marine conducted the risk evaluation on our internal operations on corruption/bribery, illegal political
donations, improper donations or sponsorships, infringement of trade secrets or other intellectual property rights, unfair
competition, jeopardizing someone's health or safety due to the failure to comply with the law or standards, insider trading, com-
mercial relationships with unethical coun-terparty and other unethical behavior. 127 risks were determined as the result and a
report has been submitted to the executives and the board as a reference for corporate governance.
2. In 2021, Evergreen Marine and the shipping departments in its affiliated enterprises held orientation for their new employees with
the theme of “Ethical Corporate Management and Conducts”, with a total of 101 new employees in attendance.
3. In 2021, Evergreen Marine conducted self-assessment of internal operational risks on employment discrimination, unlawful
infringement, forced labor, child labor, restricted freedom of speech, assembly and association, lack of communication/
complaint channel, unsafe working environment, violation of basic job conditions, violation of gender equality or maternity
protection or the violation of personal information protection and other human rightrelated risks. A total of 226 risk evaluation
results was reported, with 5 mid-level risks among them. Follow-up improvement plans were also submitted to mitigate these 5
mid-level risks. Regarding the remaining low-level risks, relevant departments will maintain their current control measures.
4. The percentage of employees in Evergreen Marine and sea shipping departments in its affiliates completing the training on
human rights issues in 2021 was 100% with the total number of training hours of 812.7 hours.

Continue to follow the latest 1. Continue to strive to achieve compliance goals and increase the Company's overall awareness of compliance.
Future goals environmental regulations and 2. Utilize the control mechanism and help each department conduct self-assessment of internal operational risks and formulate risk
apply them to fleet management mitigation and prevention measures accordingly.

Corresponding CH1 Marine Business

section CH2 Corporate Governance

147
 Chapter 05 Stakeholders and Issues Management

2021 Corporate governance and ethical corporate management

Material Issues

GRI/internal topic Anti-corruption (2016) Anti-competition behavior (2016)

Meaning to
The building of a sound governance system and ethical corporate culture are important business policies at Evergreen Marine.
Evergreen Marine
Direct impact
Evergreen Marine, suppliers, customers and shareholders/investors
boundary
Indirect impact
N/A
boundary
1. Continuously use the e-mail audit system to check relevant business units' e-mails
2. Incorporate anti-competition/corruption clauses in the contracts
Management 3. Raise the employees’ awareness of compliance via various trainings and anti-competition law announcements
policies 4. Establish the control and management procedures for invoicing, hospitality, procurement, supplier management, etc.
5. Attend seminars by competent authorities/law firms to keep track of the newest regulation amendments and how competent authorities enforce the laws. Meanwhile, it
also gives us the opportunity to discuss shipping industry's operations with the competent authorities

1. Dealt with competition law investigations. Upon competent authority’s request, we replied its
questionnaire on the shipping industry and provided our opinions on various surcharges being charged
2. Continuously use the e-mail audit system to audit the e-mails received by and sent from relevant
departments. Once a risky e-mail was discovered, it would be communicated to the colleagues to
1. Completed 3 training session on anti-corruption, with a total of raise the awareness on the compliance of competition laws
468 participants 3. A total of 9 training sessions on domestic/international competition laws were held throughout the year,
Evaluation 2. Joined MACN with a total of 1871 participants. We also conducted compliance training for supervisors and colleagues
mechanisms and 3. Reviewed the competition law/anti-corruption related clauses who will transferred to overseas branch offices with a total of 15 sessions and 29 participants.
performance in in contracts 4. Reviewed the competition law/anti-corruption related clauses in contracts
2021 4. Conducted an online conference to talk about the 5. Completed job function checking lists for 15 offices, which were provided for our employees for
Company’s anti-corruption and economic sanction reference
compliance upon customers’ request 6. Participated in WSC conferences to understand how competent authorities in other countries handled
and monitored monitoring of the supply chain crisis and gained latest regulation amendment
information
7. Through the online conference, discussed with the lawyers regarding the trends in the enforcement of
competition laws in the US, EU and the UK as well as keys in the compliance

1. Continuously increase the Company's overall awareness of

compliance via training and policy promotion
2. Implement the controls mechanism and help each
department conduct self-assessments of internal operational 1. Increase the Company’s overall awareness of compliance
risks and formulate risk mitigation and prevention measures 2. Continue to observe the changes in the shipping industry and pay attention to the existence of
Future goals 3. Join the MACN to contribute to the integrity of the shipping
compliance issues in the daily operations of each department to prevent minor violations from evolving
industry
4. Monitor each department's daily operation for any incidents into major violations
that may have crossed the line and intervene in time to
prevent any violations of the law
5. Promote the anti-corruption training by MACN

Corresponding Sustainable Strategy and Achievements

section CH2 Corporate Governance

148
 2021 Corporate Social Responsibility Report

2021 2021 Information security and

Occupational safety and labor health Material Issues the protection of customer privacy
Material Issues

GRI/internal topic Customer privacy (2016)

GRI/internal topic Occupational safety and health (2018)

Strengthen the protection with the Company’ network with

Meaning to inside business secretes and customer privacy information to
Meaning to Evergreen Marine is obligated to provide and ensure occupational Evergreen Marine ensure that such information stays protected, complete and
Evergreen Marine health and safety for all employees available.

Direct impact
Direct impact Evergreen Marine, employees and customers
Evergreen Marine and employees boundary
boundary
Indirect impact
Information system security
Indirect impact boundary
Contractors and subcontractors
boundary
1. Enhance training to raise compliance awareness
2. Prevent personal information leaks with privileges and
1. Continue the promotion of a safety culture and awareness. Management encryptions in the control system
2. Instill the awareness of operational safety and the compliance of policies 3. Incorporate personal data protection clauses in contracts
on-site SOPs.
Management 4. Follow the changes in the Personal Data Protection Act and
3. Ensure the management and implementation of automatic adjust compliance accordingly
policies inspections.
4. Take proper countermeasures against identified hazards and risks
to ensure operational safety.
1. Helped review the clauses related to personal data protection
Evaluation in all kinds of contracts.
2. Formulated a template for personal data protection clauses to
1. Kept track of the hazard identification and risk evaluation on-site mechanisms and
Evaluation be used in all kinds of contracts in the future.
2. Sent an employee to audit occupational safety and health performance in
mechanisms and intensively over 3 months. 3. Provided courses on GDPR for new employees and employees
2021 stationed overseas with a total of 68 participants.
performance in 3. Supervisors and managerial staff of all levels made sure to
4. Handled GDPR inquiries and cases from all over the world
2021 supervise and monitor on-site operations.
3. Renewed the ISO45001 and CNS45001 certifications.

1. Continuously enhance employee’s awareness of personal

Continuously ensure occupational safety and health at offices or
data protection via courses
Future goals operational sites via the management and implementation of the Future goals
2. Renew the SCCs signed with the local offices and agents
occupational safety and health system.

Corresponding Corresponding
CH4 Common Prosperity CH4Common Prosperity
section section

149
 Chapter 05 Stakeholders and Issues Management

2021 Remuneration, benefits & employee care

Material Issues

GRI/internal topic Labor relation (2016) Employee diversity and equal opportunities (2016)

Meaning to Evergreen Marine provides employee compensation, benefits and bonuses better than other shipping companies and makes sure to provide equal opportunities and care
Evergreen Marine for our employees.

Direct impact
Evergreen Marine, employees
boundary

Indirect impact
Community and society, other shipping companies
boundary

1. Establish a fair and reasonable recruitment, promotion and evaluation

1. Ensure diverse and open communication and grievance channels for the employee
Management
2. Design a remuneration and benefit system that takes into account an employee’s
policies performance, responsibilities and expertise while being competitive in the market
procedure and standard, ensuring fair treatment in promotions and
rewards for employees
2. Through training and policy promotion, ensure that employees fully
understand and comply with the Company’s human rights/equality policy

1. Labor conference and well as conferences for employee welfare committee, labor
safety and health committee and supervisory committee of labor retirement reserve
are held quarterly and was held 4 in 2021.
2. Executives hold a business conference monthly and make major announcement via
the e-bulletin board. Unit supervisors hold a department meeting monthly. Cross-
Evaluation department coordination meeting can be held as needed at any time. Executives
In 2021, 100% of Evergreen and the shipping departments of affiliated
mechanisms and held a year-end talk in 2021.
enterprises have completed human rights-related training, with a total of 812.7
performance in 3. The Company did not have any labor mediation of lawsuits in 2021, nor any formally
hours of training
2021 filed, processed and resolved labor complaints, human right complaints or social
impact complaints.
4. The starting monthly salary for college graduates who have been recruited as section
staff was NT$43,000 in 2021, which was 79.17% higher than the minimum wage of
NT$23,000 announced on January 1, 2021. Taiwanese third officers or fourth engineer
have the monthly salary of approximately NT$170,000.

1. Continuously maintain zero cases of human rights/equality or social impact

1. Continuously maintain the smooth communication and grievance channels
complaints in the year
Future goals 2. Continuously pay attention to the social development and adjust employee
2. Continuously provide various human rights/equality training and promote
compensation and welfare accordingly to keep the employees satisfied
the company’s human rights/equality policy

Corresponding
CH4 Common Prosperity
section

150
 2021 Corporate Social Responsibility Report

2021 Energy resource management 2021

Material Issues and green shipping Ship safety
Material Issues

Water and water discharge GRI/internal topic Ship safety

GRI/internal topic Materials (2016) Energy (2016)
(2018) Meaning to No compromises on ship safety is Evergreen Marine's commitment to
Evergreen Marine our employees and customers.
Evergreen Marine attaches great importance to the use,
Direct impact
management, and consumption of the raw materials, energy, water Evergreen Marine and employees
Meaning to boundary
and other resources in its operation. The Company is committed
Evergreen Marine to promoting energy conservation, carbon reduction and the Indirect impact
Other shipping companies and customers
improvement of energy resource efficiency boundary
Management Ships under our fleet follow our safety and environmental
Direct impact
Evergreen Marine, suppliers policies management as well as adhering to the management manual
boundary
Evaluation Our own fleet conducted 73 audits and 128 internal audits to ensure
Indirect impact mechanisms and that the fleet was following the safety management manual and
boundary
Other shipping companies, customers performance in 2021 reduce the risk of accidents
Future goals Zero accidents on our ships
1.The fleet follows the policy
and discharges bilge
Corresponding CH2 Corporate Governance
Procure materials Procure fuels
water at more than 15/25 section CH4 Common Prosperity
with the highest with the highest
Management nautical miles.
quality at quality at
policies 2. The fleet replenishes
reasonable reasonable 2021
drinking water and Risk control
prices prices
service water at the most Material Issues
suitable port
GRI/internal topic General disclosure (2016)
1. 128 internal audits Complete identification and control of potential operational
Evaluates Evaluates
c o n d u c t e d o n Meaning to Evergreen
Evaluation qualified suppliers at risks enable Evergreen Marine to respond to external changes
environmental protection Marine
mechanisms and suppliers based various ports in a timely manner.
and safety on our ships.
performance in on prices, based on prices,
2.Complies with drinking Direct impact boundary Evergreen Marine and customers
2021 services and services and
water standard at various
quality quality Indirect impact boundary Shareholder/Investor
port states
Identification, measurement, response, monitor and
Management policies
1. Continuously maintain information of risks as well as communication
Switch to
pollution-free emissions
environment- Procure Each department, based on its responsibilities, determine its
Future goals 2. Arrange to replenish water Evaluation mechanisms
friendly materials complaint fuels own risk items and coping strategies. The Company briefs the
and supplies
at the best water refill and performance in 2021 board on the Company's risk management every year.
port
Continuously enhance risk controls and review newly-added
Future goals
risk items.
Corresponding
CH3 Green Shipping
section Corresponding section
Pandemic Response and Risk Management
CH2 Corporate Governance

151
 Chapter 05 Stakeholders and Issues Management
2021
Material Issues opportunity management
Economic
GRI/internal topic
performance (2016)
Facing extreme weather and the development of various environmental
Meaning to
regulations, identify the impacts from climate change and seize the opportunities
Evergreen Marine
that come with it. This has become a key in Evergreen Marine's sustainability.
Direct impact
Evergreen Marine, shareholders/investors
boundary
Indirect impact 1. Transformational risk ― related to low-carbon economy
boundary 2. Physical risk – related to climate change
1. Transformational risk:
Build the containers
in an environment-
friendly way with
water-based paint
Management
with low VOC
policies
2. Physical risk: Improve
the resilience of the
container supply
chain with a number
of qualified suppliers
to avoid supply
chain disruption
Evaluation
mechanisms and
performance in
N/A
2021
1. Transformational risk:
Use only waster-
based paint
on newly-built
Future goals
containers
2. Physical risk: Maintain
a list of qualified
suppliers
CH1 Marine Business
Corresponding
CH2 Corporate Governance
section CH4 Common Prosperity
152
Climate change risk and 2021 Service quality and
Material Issues customer satisfaction
Biodiversity (2016)
GRI/internal topic Marketing and labelling (2016) Customer service
Evergreen Marine values cargo safety, consistent
Meaning to
shipping, smooth service and communications, quality
Evergreen Marine improvement and customer relationship maintenance
Direct impact
Evergreen Marine, customers
boundary
Indirect impact
Shareholders/investors
boundary
1. Due to extreme weather, inland floods and snow
have forced inland shipping companies to change
Continuously provide
transportation routes. The Company keeps a close
customers with
eye on these companies’ shipping time and
excellent service
publish real-time information when necessary so that
Continue to optimize and and improve the
customers can keep track of their products.
2. Ensure to optimize the empty container reposition Management promote digitization and availability of our
pattern to avoid unnecessary transshipment policies review the result of such services online so
promotion regularly. that more contact-
3. Prioritize ship and railway as major means of
less services will be
transportation for empty containers instead of trucks
provided at the front
4. Promote the direct off hire of old leased containers
counter
and optimize the management of container repair
and washing to avoid unnecessary repair and thus
reduce water consumption and carbon emissions
Continued to conduct service
1. Publish cargo delivery schedule on the Internet for satisfaction surveys. In 2021, a
total of 1,095 copies of valid Va l u e a n d r e v i e w
customers to look up Evaluation
questionnaires were collected, customer satisfaction
2. Container repair is 1% lower than the same period last mechanisms and
year; container washing is 3% lower than the same and the overall satisfaction survey results and
performance in score for the overall service customer feedbacks
period last year
2021 performance was 4.89 points on our online services
1. Continue to optimize empty container arrangement (out of 5 points), higher than
2. Continue to increase the percentage of directly the 4.86 of 2020.
return/release of empty to/from terminals without
unnecessary shuttling between empty depots and
Maintain good customer
terminals Committed to improve
interaction with the hope that
3. Continue to monitor suppliers to optimize the Future goals customer satisfaction
standard of container repair and washing to reduce better service can drive up
and stickiness
unnecessary repair and washing satisfaction score.
Corresponding
CH3 Green Shipping CH1 Marine Business
section
 2021 Corporate Social Responsibility Report

2021 2021 Fleet decarbonization

Emissions and pollution management
Material Issues Material Issues R&D

GRI/internal topic Emissions (2016) Water and water discharge (2018) Wastewater/sewage and waste (2016) GRI/internal
Decarbonization R&D ( 自訂 )
topic
Meaning to Evergreen Marine is keenly aware of the shipping industry's impact on the environment so strict emissions
Evergreen Marine management is enforced. The benefits from the
development of eco-friendly
Direct impact
Evergreen Marine fleet, low-carbon fuels and
boundary Meaning to
other decarbonization
Evergreen
Indirect impact technologies will boost
Competent authority and community and society Marine
boundary the Company's operating
performance and
1. Waste water treatment facility is used to process environmental sustainability
waste water from hosting machines and
container cleaning. Dedicated staff have been
Direct impact Evergreen Marine,
Clean the sewers assigned to monitor and maintain such facility
boundary shareholders/investors
and reinforce the Keep a record of the water meter and qualified service provider is hired to exam
sewer system as monthly to monitor any anomaly in the water quality regularly. If water quality
Management needed to ensure water consumption. Should there falls under the standard, improvements will be Indirect impact
Relevant customers
policies smooth water be any anomaly, find the root made to the facility immediately. boundary
drainage during cause and make improvements 2. For years, the Kaohsiung Container Terminal,
heavy rain or accordingly to maintain the cleanness of the terminal, has Implement energy efficiency
typhoons been asking all departments to properly dispose management plan,
of the waste, with all recyclables categorized Management continuously keep track of
and documented, making it easier for recycling policies the annual carbon emission
company to process it later statistic and develop eco-
friendly fleet
Waste water Currently, the water company
treatment facility supplies the water for the
Evaluation 1. 14 of our own eco-
is used to process Kaohsiung Container Terminal. friendly ships joined the
waste water The terminal does not rely on
1. The Company generated 186.65 tons of do- mechanisms
Evaluation mestic waste in 2021, 13.46 tons (approximately and
Company's operation in
qualified service underground water or other water
mechanisms and 6%) less than 2020 performance in
2021
provider is hired to sources. The water company has 2. Our fleet's CO2 emission
performance in exam the water confirmed that the water supplied
2. The Company recycled and sold 218.56 tons of
2021 was 6,662,088 tons in 2021
2021 quality regularly to to the terminal comes from its
waste hardware in 2021, 13.92 tons (approxi-
mately 6%) higher than 2020
ensure that it meets water treatment plant in Fengshan,
With 2008 as the benchmark,
and environmental which mainly draws water from the
we plan to lower our CO2
standard Donggang River
Future goals emission by 50% by 2030 with
Mid-term goal (2-5 years) of 10% waste reduction the goal to achieve carbon
Future goals N/A N/A with the long-term goal of zero increase in overall neutral by 2050
waste amount
Corresponding
Corresponding CH3 Green Shipping
CH3 Green Shipping section
section

153
 Appendix

GRI Content Index Indicator Disclosure Report Section Page Remarks

Membership of Advocacy and Public
Indicator Disclosure Report Section Page Remarks 102-13
associations Engagement

General Disclosure Strategy

Statement from senior A Message from the
GRI 102：General Disclosure 2016 102-14
decision-maker Chairman

Organizational profile
102-1 Name of the organization
Sustainability Blueprint
1.2 Development of the Joint
Key impacts, risks and
102-15 Operation Model
opportunities
About Evergreen Marine Corp. 　 2-1 Governance Structure
2-3 Risk Control

　
Activities, brands,
102-2 About Evergreen Marine Corp.
products and services Ethics and integrity
102-3 Location of headquarters About Evergreen Marine Corp. 　 Values, principles, A Message from the
102-16 standards, and norms of Chairman
102-4 Location of operations About Evergreen Marine Corp. behavior 2-4 Compliance

Please refer to Governance

Ownership and legal Evergreen Marine's
102-5 About Evergreen Marine Corp.
form 2021 Annual
102-18 Governance structure 2-1 Governance Structure
Report.

102-6 Market served About Evergreen Marine Corp. 102-19 Delegating authority 2-1 Governance Structure

About Evergreen Marine Corp. Executive-level

Scale of the
102-7 1-1 Operating Strategies and responsibility for economic,
organization 102-20 2-1 Governance Structure
Performance environmental, and social
topics
Information on
102-8 employees and other 4-1 Happy Workplace 　 Composition of the
workers 102-22 highest governance 2-1 Governance Structure
body and its committees
1-5 Supply Chain
102-9 Supply chain Chair of the highest
Management 102-23 2-1 Governance Structure
governance body
There were
Nominating and
Significant changes to no significant
1-5 Supply Chain 102-24 selecting the highest 2-1 Governance Structure
102-10 the organization and its changes to
Management governance body
supply chain operations this
year.　
102-25 Conflicts of interest 2-1 Governance Structure

　
Precautionary principle
102-11 2-3 Risk Control
or approach Role of highest
governance body in
102-26 2-1 Governance Structure
　
Advocacy and Public setting purpose, values,
102-12 External initiatives
Engagement and strategy

154
 2021 Corporate Social Responsibility Report

Indicator Disclosure Report Section Page Remarks Indicator Disclosure Report Section Page Remarks
Collective knowledge 102-50 Reporting period About the CSR Report
102-27 of highest governance 2.1 Governance Structure
body
Date of most recent
102-51 About the CSR Report
Effectiveness of risk 2-1 Governance Structure report
102-30
management processes 2-3 Risk Control
102-52 Reporting cycle About the CSR Report
Review of economic,
2-1 Governance Structure
102-31 environmental and
2-3 Risk Control
social topics Contact point for
102-53 questions regarding the About the CSR Report
Highest governance report
102-32 body’s role in 2-1 Governance Structure
sustainability reporting
Claims of reporting in
102-54 accordance with the About the CSR Report
Communication with stakeholders GRI Standards
5-1 Stakeholder
102-40 Stakeholder Groups 102-55 GRI content Index Appendix
Engagement

Collective bargaining
102-41 4-1 Happy Workplace 102-56 External assurance About the CSR Report
agreements

Identifying and selecting

102-42
stakeholders
5-1 Stakeholder Engagement GRI 103: Management Approach 2016
Approach to Explanation of the
102-43 stakeholder 5-1 Stakeholder Engagement 5-2 Material Issues
103-1 material topic and its
engagement Management
boundary
Key topics and concerns 5-2 Material Issues
102-44
raised Management The management
5-2 Material Issues
103-2 approach and its
Management
Reporting practice components

Entities included in the Please refer to Evaluation of the 5-2 Material Issues
103-3
102-45 consolidated financial Appendix Evergreen Marine's management approach Management
statements 2021 Annual Report.

About the CSR Report GRI 201: Economic Performance

Defining report content
102-46 5-2 Material Issues
and subject boundaries
Management
Please refer to
Direct economic
5-2 Material Issues Evergreen Marine's
102-47 List of material topics value generated and 1-3 Operating Strategies
Management 201-1 2021 Annual Report
distributed by the and Performance
for full disclosure of
organization
3-3 Energy and financial information.
Restatements of
102-48 Greenhouse Gas
information
Management
Defined benefit plan
5-2 Material Issues 201-3 obligations and other 4-1 Happy Workplace
102-49 Changes in reporting
Management retirement plans

155
 Appendix

Indicator Disclosure Report Section Page Remarks Indicator Disclosure Report Section Page Remarks

GRI 204: Procurement Practices 2016 303-3 Water withdrawal

3-5Water Resource
Management
Proportion of spending 1-5 Supply Chain 3-5 Water Resource
204-1 303-4 Water discharge
on local suppliers Management Management

GRI 205: Anti-Corruption 2016 GRI 304: Bio-diversity 2016

Communication
Significant impacts of 3-7 Maintenance of
and training on anti-
205-2 2-4 Compliance 304-2 activities, products, and Marine Environment and
corruption policies and
services on biodiversity Ecosystem Diversity
procedures

Confirmed incidents of No incidents of GRI 305: Emissions 2016

205-3 corruption and actions 2-4 Compliance corruption occurred
taken in 2021. 3-3 Energy and
Direct (Scope 1) GHG
305-1 Greenhouse Gas
emissions
GRI 206: Anti-Competitive Behaviors 2016 Management

Legal actions for anti- 3-3 Energy and

Energy indirect (Scope
competitive behavior, 305-2 Greenhouse Gas
206-1 2-4 Compliance 2) GHG emissions
anti-trust, and monopoly Management
practices
Other indirect (Scope 3) 3-3 Energy and
Environment indicators 305-3
GHG emissions
Greenhouse Gas
Management

GRI 302: Energy 2016 3-3 Energy and

305-4 GHG emissions intensity Greenhouse Gas
Energy consumption within 3-3 Energy and Greenhouse Management
302-1
the organization Gas Management
3-3 Energy and
Reduction of GHG
3-3 Energy and Greenhouse 305-5 Greenhouse Gas
302-3 Energy intensity emissions
Gas Management Management

Emissions of ozone-
Reduction of energy 3-3 Energy and Greenhouse 3-4 Emissions
302-4 305-6 depleting substances
consumption Gas Management Management
(ODS)

3-2 Green Fleet & Nitrogen oxides (NOx),

Reductions in the energy
Environmental Protection sulfur oxides (SOx), and 3-4 Emissions
302-5 requirements of products 305-7
3-3 Energy and Greenhouse other significant air Management
and services
Gas Management emissions

GRI 303: Water and Effluents 2018 GRI 306: Effluents and Waste 2020
Mutual influence of shared 3-5 Water Resource 306-5 3-6 Waste Management
303-1 Direct disposal of waste
water resources Management

156

Indicator Disclosure
GRI 307: Compliance with environmental laws and regulations 2016
Non-compliance with
307-1 environmental laws and
regulations
GRI 308: Supplier Environmental Assessment 2016
New suppliers that
308-1 were screened using
environmental criteria
Negative environmental
308-2 impacts in the supply
chain and actions taken
Social indicators
GRI 401: Employment 2016
New employee hires and
401-1
employee turnover
Benefits provided to full-
time employees that
401-2 are not provided to
temporary or part-time
employees
401-3 Parental leave
GRI 402: Labor/Management Relations 2016
Minimum notice periods
402-1 regarding operational
changes
GRI 403: Occupational Health and Safety 2018
Occupational health
403-1
and safety system
Hazard identification, risk
403-2 assessment, and incident
investigation
2021 Corporate Social Responsibility Report
Report Section Page Remarks Indicator Disclosure Report Section Page Remarks
Occupational health 4-1 Happy Workplace
403-3
services 4-2 Safety Culture
No violation of Worker participation,
environmental consultation, and
2-4 Compliance
regulations occurred 403-4 communication on 4-2 Safety Culture
in 2021 occupational health and
safety
Worker training on
4-1 Happy Workplace
403-5 occupational health and
4-2 Safety Culture
1-5 Supply Chain safety
Management
Promotion of worker
403-6 4-1 Happy Workplace
health
1-5 Supply Chain
Prevention and mitigation
Management
with business relationships
403-7 Directly related 4-2 Safety Culture
occupational safety and
health impacts
Workers covered by an
occupational health
403-8 4-2 Safety Culture
and safety management
4-1 Happy Workplace system
403-9 Work-related injuries 4-2 Safety Culture
4-1 Happy Workplace
403-10 Work-related ill health 4-2 Safety Culture
GRI 404: Training and Education 2016
4-1 Happy Workplace
Average hours of training
404-1 4-3 Talent Development
per year per employee
Percentage of employees
receiving regular
4-1 Happy Workplace 404-3 4-1 Happy Workplace
performance and career
development reviews
GRI 405: Diversity and Equal Opportunity 2016
4-2 Safety Culture Diversity of governance 2-1 Governance Structure
405-1
bodies and employees 4-1 Happy Workplace
4-2 Safety Culture 女性對男性基本薪資加薪酬
的比率
405-2 4-1 Happy Workplace
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 Appendix

Indicator Disclosure Report Section Page Remarks Indicator Disclosure Report Section Page Remarks

GRI 406: Non-discrimination 2016 GRI 417: Marketing and Labeling 2016
Incidents of Requirements for
1-6 Shipment
406-1 discrimination and 4-1 Happy Workplace 417-1 product and service
Management
corrective actions taken information and labeling

Incidents of non-
GRI 408: Child Labor 2016 compliance concerning 1-6 Shipment
417-2
product and service Management
Operations and suppliers 1-5 Supply Chain
information and labeling
408-1 at significant risk for Management
incidents of child labor 4-1 Happy Workplace
GRI 418: Customer Privacy 2016
GRI 409: Forced or Compulsory Labor 2016 Substantiated No infringement of
complaints concerning customer privacy
Operations and suppliers
No incidents of 418-1 breaches of customer 2-5 Information Security or loss of customer
at significant risk for
409-1 4-1 Happy Workplace forced labor privacy and losses of data complaints
incidents of forced or
occurred in 2021 customer data occurred in 2021
compulsory labor

GRI 419: Compliance with social and economic laws and

GRI 411: Aboriginal rights 2016
regulations 2016
Incidents involving No incidents of
411-1 violations of aboriginal 4.1 Happy Workplace aboriginal rights in Non-compliance with
rights 2021 laws and regulations in
419-1 2-4 Compliance
the social and economic
GRI 412: Human Rights Assessment 2016 area

Employee training on
4- Happy Workplace
412-2 human rights policies or
4-3 Talent Development
procedures

GRI 414: Supplier Social Assessment 2016

New suppliers that were
1-5 Supply Chain
414-1 screened using social
Management
criteria

Negative social impacts

1-5 Supply Chain
414-2 in the supply chain and
Management
actions taken

GRI 416: Customer Health and Safety 2016

Incidents of non-
compliance concerning
1-6 Shipment
416-2 the health and safety
Management
impacts of products and
services

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 2021 Corporate Social Responsibility Report
SASB Disclosure Index
Item Data Type Indicator Unit Disclosure Chapter

1 Quantitative Total global Scope 1 GHG emissions Metric tons TR-MT-110a.1 3.3.2 Greenhouse Gas Emissions

Qualitative Evi- Short/long term management policy, reduction targets, 3.3.3 Reduction Targets and Perfor-
2 N/A TR-MT-110a.2
dence performance evaluation analysis for Scope 1 emissions mance
(1) Total energy consumed;
Gigajoule (GJ) and 3.3.1 Energy Resource
3 Quantitative (2) Percentage of heavy fuel oil; TR-MT-110a.3
percentage Consumption
(3) Percentage of renewable energy

4 Quantitative Energy Efficiency Design Index (EEDI) gCO2/tnm TR-MT-110a.4 3.3.2 Greenhouse Gas Emissions

Air emissions of the following pollutants: 3.4.1 Nitrogen Oxide Emissions

(1) NOX (excluding N2O) 3.4.2 Sulfur Oxide Emissions
5 Quantitative Metric tons TR-MT-120a.1
(2) SOX 3.4.3 Ozone-depleting substances
(3) Particulate matter (PM10) (ODS) and others
Shipping duration in marine protected areas or areas of 3.7.1 Marine Environment and Bio-
6 Quantitative Shipping duration TR-MT-160a.1
protected conservation status Diversity
Percentage of fleet implementing ballast water (1) exchange 3.5.3 Ballast Water Discharge
7 Quantitative Percentage TR-MT-160a.2
and (2) treatment Management
(1) Number and (2) aggregate volume of leakage and release Number of times 3.4.3 Ozone-depleting substances
8 Quantitative TR-MT-160a.3
to the environment and cubic meters (ODS) and others
4.2.1 Occupational Safety Policy of
9 Quantitative Lost time incident rate (LTIR) Percentage TR-MT-320a.1
Evergreen Marine
Number of calls at ports in countries that have the 20 lowest
10 Quantitative rankings in Transparency International’s Corruption Perception Number of times TR-MT-510a.1 1.1.2 Scale of the organization
Index
Total amount of monetary losses as a result of legal proceedings 2.2.2 Unethical Conduct Risk
11 Quantitative Currency unit TR-MT-510a.2
associated with bribery or corruption Assessment
Number of marine casualties and percentage of which classified Number of people 4.2.1 Occupational Safety Policy of
12 Quantitative TR-MT-540a.1
as serious and percentage Evergreen Marine

13 Quantitative Number of conditions of class or recommendations Number of times TR-MT-540a.2 2.4.2 Compliance

14 Quantitative Number of port state control (1) deficiencies and (2) detentions Number of times TR-MT-540a.3 2.4.2 Compliance

159
 Appendix

Activities Statistics
Item Data Type Indicator Unit Disclosure Data Chapter

Number of shipboard
1 Quantitative Number of people TR-MT-000.A 531 people 4.1.1 Overview of personnel
personnel
Total distance travelled by 9,467,177.3
2 Quantitative Nautical miles TR-MT-000.B 1.1.2 Scale of the organization
vessels nautical miles

3 Quantitative Operating days Number of days TR-MT-000.C 39,512 days 1.1.2 Scale of the organization

Deadweight Tonnage
4 Quantitative Dead-weight tons TR-MT-000.D 8,320,051 tons 1.1.2 Scale of the organization
(DWT)

5 Quantitative Number of vessels in fleet Number TR-MT-000.E 119 1.1.2 Scale of the organization

6 Quantitative Number of vessel port calls Number TR-MT-000.F 9,847 1.1.2 Scale of the organization

7 Quantitative TEU capacity TEU TR-MT-000.G 1,477,000 TEU 1.1.2 Scale of the organization

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Limited assurance report

161
 Appendix

162