Primax believes that employees are the most important asset of the company, and we are proud of our creative and motivated employees, as well as an excellent management team. Primax's management team has both Eastern and Western educational backgrounds, a broad international outlook and a broad vision, and will lead the future leaders to continue to develop and move towards internationalization.

Employee policy driven by humanity

At Primax Group, we value people and strive to cater for employees' safety and comfort in the workplace while at the same time assure them the respectand dignity they deserve. These are the reasons why we have implemented equal employment policies and engage local employees in full communication, so that employees are treated fairly anywhere we operate.

We promise to build an organizational culture of diversity, equality, inclusion,and a sense of belonging through the two main pillars of talent cultivation and healthy and safe workplace. In terms of talent cultivation, we achieve the goal of diversified development and inclusive growth through a talent declaration,leadership training, and a talent development mechanism. As for the health and safety workplace, we continuously optimize employee experience, increase health awareness and hold activities, and provide a family-friendly mechanism to provide an equal workplace where employees feel a sense of belonging.

Primax is committed to complying with the human rights protection lawsand regulations applicable at the locations where it operates business, diligently avoiding violating, or causing third parties to violate, human rights, following the following policies to create the corporate culture of equality, respect, care and safety, and supervising the value chain partners to jointly maintain human rights. Please refer to the《 Company's official website for detailed human rights policies》.

Human Right Assessment and Management

In addition to treating all employees of Primax Group equally, we formulate the human rights policy in reference to the Code of Conduct of the Responsible Business Alliance, the United Nations Universal Declaration of Human Rights, the International Labor Organization Conventions and other international norms,and conduct regular human rights risk assessment on the whole employees(including temporary workers, workers by contract and dispatched workers)and existing suppliers, and follow up and verify the response measures against the risk items. Additionally, for new suppliers and new businesses (including mergers, acquisitions, and joint ventures), we will also include the human rights risks into the assessment criteria. It is our responsibility to create a fair,safe and comfortable workplace and to eliminate any issues violating human rights thoroughly.In 2023 , there were no major human rights risks, such asIn 2023 , there were no major human rights risks, such as discrimination, child labor, forced labor, freedom of association and collective bargaining. Not with standing, if any of said incidents occurs, we will activate corresponding human right-related risk mitigation measures.

In 2023 , the Group provided employee education and training related to human rights (including no child labor/forced labor, anti-harassment/discrimination, freedom of association), attended by a total of 7,827 participants,and the employees' participation rate was about 79%. During the reporting period, there were no discrimination, child and underage labor, forced or compulsory labor, and no major complaints or penalties found. Notwithstanding,one sexual harassment case occurred at one of Primax's overseas locations.It has investigated the case and imposed punishment according to relevant laws and regulations. We also improved the internal "Regulations Governing Prevention of Sexual Harassment at the Workplace" and implement remedial measures to minimize negative impacts and mitigate the risk over recurrence inthe future.

Note: Please refer to 5 .《 Sustainable supply chain management 》for the assessment on suppliers'  human rights risks.

Diversity and equality

Primax Group operates a headquarters in Taiwan and several subsidiaries and production sites in China. We believe that it is our responsibility to care for local residents, which is why we try to employ local residents where possible, and in doing so contribute to the development of the local economy.

 The Group also strives to expand the diversity of its workforce; apart from locals, Primax recruits foreign employees and engages actively in international exchange so that the company and employees may get in touch with different cultures and customs, and develop perspectives and thinking in different directions. Out of carefor society, the Company recruits a minimum number of people with disabilities each year, providing them an opportunity to put their skills to work and make a living on their own. Primax Taipei achieved the employment of the full number of persons with disabilities, demonstrating our unwavering commitment to creating an inclusiveand friendly workplace.

In 2023 , Primax Group hired a total of 33 foreign employees and 157 employees with disabilities. The operating locations in Taiwan and Thailand both met or exceeded the minimum employment threshold for employees with disabilities required under the local laws and regulations. Although the location in China failed to attain the 1.5% incentive quota for the statutory employment of employees with disabilities, it still strives to recruit suitable personnel to seek the social insurance credit or exemption. The following shows age and gender distribution of employees at Primax Group:

Protection of employees' interest

In terms of workforce management, Primax Group complies strictly with local labor regulations wherever it operates. Employment relations at Chinese production sites are governed by the "Employment Contract Law." Our human resource department has been entrusted with the responsibility of managing workplace and talent development. Not only does it oversee an extensive scope of personnel affairs including talent diversity, interdepartmental transfer, employee communication,employee care, learning and development, remuneration, welfare and incentives, the department also conducts regular tracking and analysisof human resources to help managers improve work performance and productivity, and offer insights that are useful to the senior managementin reviewing performance of the existing workforce.

Primax Dongguan and Kunshan have established the labor unions,and the collective agreement covers all employees (accounting for 34.78% of the Group's employees). Tymphany Huizhou and Dongguan also have established the labor unions, There are also labor unions in Huizhou and Dongguan, but no collective agreement is executed regularly. Although other locations do not have labor unions or signed collective agreements, regular communication meetings, labor-management meetings, and welfare committee meetings allow employees to express their opinions and effectively resolve their issues.In 2023 , employees of all operating locations of Primax Group filed complaints with the supervisors and HR, and submitted proposals tothe corporate platform via WeChat and labor unions, through interviews with entry-level employees, mailboxes or email, or directly. Theproposals included a series of daily life issues such as employees' basicnecessities, food, clothing, housing and transportation, as well as workand company welfare issues. In addition to the labor unions, employeescan also submit their opinions through the employee feedback mailbox,which is regularly opened by HR to feed back to problems.

All grievance channels and labor union members exercise their functions to help employees communicate their problems and effectively improve their problems through meetings. The Group's employees have reflected and communicated their opinions through labor-management meetings, labor union meetings, and Welfare Committee meetings, aswell as the opinion mailbox. In 2023 , 747 out of a total of 752 cases had been resolved and responded, with a response rate of 99.3%.