POSCO FUTURE M

- ESG Management Score Improved by 33% Year-Over-Year... Only 41 out of Over 9,400 Companies Selected

- Recognized for Efforts in Reducing Carbon Emissions, Supply Chain Management, and Compliance

- Also Listed for the First Time as a Member of the Sustainability Yearbook

POSCO FUTURE M has been recognized for its achievements in ESG management by being selected as an 'Industry Mover' in the 2023 Corporate Sustainability Assessment (CSA) conducted by S&P Global, one of the world's top three credit rating agencies.

S&P Global annually conducts the CSA to identify companies within each industry that have improved their ESG scores by more than 5% over the previous year, awarding them the 'Industry Mover' status. POSCO FUTURE M scored 69, marking a 33% improvement from the prior year. Of over 9,400 companies evaluated across 62 industries worldwide in 2023, only 41 achieved the 'Industry Mover' grade.

Additionally, POSCO FUTURE M has been listed for the first time as a member of The Sustainability Yearbook. S&P Global includes companies in the top 15% of their industry that also fall within the top 30% of scores within their industry group as members of the yearbook.

POSCO FUTURE M earned high marks for its tangible and objective ESG management activities, which resonate with a wide range of stakeholders. These include efforts in reducing carbon emissions, managing supply chains, and adhering to regulations.

The company is at the forefront of reducing carbon emissions by expanding its greenhouse gas management indicators from direct and indirect emissions (Scope 1 and 2) to include other indirect emissions (Scope 3), encompassing the activities of its suppliers and logistics systems. POSCO FUTURE M also focuses on supply chain management by using certified responsible minerals free from issues such as human rights violations for its main products, anode, and cathode materials. In September last year, it became the first in the domestic battery materials industry to acquire the international standard compliance management system 'ISO 37301', demonstrating its commitment to a legal compliance management system that aligns with the global business environment.

Furthermore, POSCO FUTURE M has advanced to a comprehensive A grade in the 2023 ESG evaluation conducted by the Korea Institute of Corporate Governance and Sustainability (KCGS), moving up one level from the previous year. It has also been newly included in the 'DJSI Asia Pacific' index of the '2023 Dow Jones Sustainability Indices (DJSI)', further recognizing its ESG management achievements.