Sustainable Visions and Strategies

Sustainable Visions

RichWave’s corporate vision is “Striving for excellence with innovation and dedication to become an RF component supplier offering market differentiation and outstanding performance”. Since its establishment, the Company has focused on corporate sustainability, integrating its six core values of "Innovation, Product Excellence, Problem Solving, Teamwork, Customer Focus, and Talent," and adhering to the corporate philosophy of "Perseverance" to promote ethical management, green manufacturing, environmental protection, innovation, quality assurance, talent development, and the creation of a friendly workplace. We look forward to working with all team members to create a bright future together.

Development Strategy

RichWave has integrated its sustainability strategy into its core RF component business. Driven by innovation and high energy efficiency, the Company has identified innovation management, energy management, and supply chain management as its material sustainability issues. The Company continues to apply its core competencies to prioritize environmental impact and value creation across every stage of its operations, from raw material procurement and green manufacturing to sales and services. Simultaneously, we are strengthening customer service and partner collaborations, from reducing carbon at the source to helping customers and end-users lower product energy consumption. By continuously reducing our environmental footprint and comprehensively enhancing our competitiveness and sustainable development, we aim to achieve mutual success for the organization and its stakeholders.

Corporate Sustainability Organization

In order to implement the sustainability goals, the Company established the Corporate Sustainability Committee on December 26, 2024, and formulated the Corporate Sustainability Committee Organizational Charter. The committee members are appointed by a resolution of the Board of Directors, with the President serving as the chairman. The Sustainable Project Management Office is led by an appointed supervisor, with all members possessing professional expertise in corporate sustainability. At least one board member is involved in overseeing the process, participating in the formulation of corporate sustainability policies and goals, and ensuring the implementation of sustainability-related management.

The Committee comprises three members appointed by the Board of Directors: President Shyh-Chyi Wong, Independent Director Chia-Ying Ma, and Independent Director Wen-Hsiang Lu. The following details the Committee’s activities for the year:

1. Formulate, promote, and strengthen the Company’s sustainability policies, annual plans, and strategies, etc.
2. Review, follow-up, and revise the implementation status and effectiveness of sustainability.
3. Oversee the disclosure of sustainability information and review the sustainability report.
4. Supervise the implementation of the Company’s Corporate Sustainability Code and other sustainability-related work as resolved by the Board of Directors.

The Business Continuity Plan (BCP) Management Office and Sustainability Project Management Office are established under the Corporate Sustainability Committee. The Business Continuity Planning (BCP) Management Office was established in June 2020 to assess operational risks (including climate risks), plan response strategies, and supervise management. The Sustainability Project Management Office was established in early April 2021, with the President serving as project coordinator and the Global Affairs Office as the unit responsible for the Company’s sustainability (ESG) and risk assessment. The Sustainability Project Management Office comprises seven working groups— corporate governance, customer care, supplier cooperation, environmental sustainability, employee care, social care, and product R&D. Representatives from various departments are appointed to form a team with diverse backgrounds, expertise, and experience, and they regularly report sustainability progress to the Board of Directors. The Company reported to the Board of Directors on the progress of its sustainability projects on December 19, 2025, with the approval of the directors. The sustainability report was also approved by the Board of Directors on July 30, 2026.

Corporate Sustainability Achievements

In 2021, RichWave established the Sustainability Project Management Office under the leadership of the President. Composed of department heads, the Office conducted a comprehensive ESG assessment based on seven major dimensions and implemented key corporate governance systems, including the risk management policy and the information security management policy, both approved by the Board of Directors. Project improvements focused on critical topics highlighted by the ESG Evaluation (formerly the Corporate Governance Evaluation). Additionally, the Company launched its inaugural e-newsletter to enhance internal communication and promote corporate sustainability values. In 2022, the Sustainability Project Management Office joined the Product R&D Team, integrating sustainability performance into the development stage of the Company’s core products. Applying its technical expertise, the Office advances the Company’s sustainability and fosters a culture of sustainability from within. We continue to optimize our corporate governance system and improve sustainability performance. In the 12th (2025) Corporate Governance Evaluation results, RichWave maintained its ranking within the 21% to 35% bracket among listed companies.

In 2025, RichWave created profiles on LinkedIn, YouTube, and Youku, and actively participates in ESG-related social media activities. Dedicated personnel have been assigned to manage social media operations, and a new sustainability news page has been added to the Company's website to provide stakeholders with the latest updates. In recent years, RichWave's continued commitment and achievements in sustainable operations have been highly recognized both domestically and internationally. In 2025, RichWave demonstrated outstanding achievements in ESG, winning the Gold Award for Category 2 of the electronics and information manufacturing industry at the Taiwan Corporate Sustainability Awards (TCSA), and marking its third consecutive year receiving honors for the best sustainability report. For two consecutive years (2024-2025), RichWave achieved the "B Management Level," the highest rating for SMEs, from the CDP for climate change. Additionally, RichWave was named one of the "Carbon Competitiveness 100 of 2025" by Business Weekly. Standing out among nearly a thousand listed companies is a strong validation of RichWave's effectiveness in sustainable governance, energy conservation, and carbon reduction. RichWave will continue to forge ahead on the path to corporate sustainability.

Implementation of IFRS Sustainability Standards

RichWave has proactively prepared for the adoption of sustainability accounting standards, specifically IFRS S1 (General Requirements for Disclosure of Sustainability-related Financial Information) and IFRS S2 (Climate-related Disclosures). Although the Company is a Stage 3 adopter, we have initiated the implementation schedule in advance, engaging external professional consultants to provide training for our employees and completing a comprehensive gap analysis for the first phase of implementation. These efforts enable the Company to respond more fully and effectively to investors' sustainability expectations, thereby enhancing information transparency and investor confidence.