On May 21, Modern Dairy attended the official launch ceremony of the S&P Global Sustainability Yearbook (China Edition) 2026 and the accompanying Sustainability Forum. Thanks to its continuous dedication and remarkable achievements in the Environmental, Social, and Governance (ESG) fields, Modern Dairy was not only successfully included in the China Edition of the Yearbook for the third consecutive year—ranking among the "Top 10% of Chinese Companies in S&P Global CSA Score"—but also won the "Industry Mover" title. It is worth highlighting that, based on its outstanding performance in the same S&P Global Corporate Sustainability Assessment (CSA) questionnaire, Modern Dairy was also successfully included in the S&P Global Sustainability Yearbook for the first time this year, earning two major accolades: "Sustainability Yearbook Member" and "Industry Mover". This dual achievement of Chinese and global Yearbook recognition not only validates the company's steady progress in ESG governance and execution effectiveness but also further consolidates its benchmark position in green transformation, demonstrating increasingly strong international credibility.

The S&P Global Sustainability Yearbook is one of the world's most influential corporate sustainability assessment benchmarks. Its selection is based on the S&P Global Corporate Sustainability Assessment (CSA) methodology, which conducts systematic quantitative evaluations of companies across environmental, social, governance, and economic dimensions. In the evaluation for the Sustainability Yearbook (China Edition), nearly 1,800 Chinese companies participated, with only about 190 companies successfully selected. Modern Dairy was not only named a Yearbook Member but also achieved a leap forward in its CSA score (reaching a total score of 71, a substantial increase of nearly 25% from the previous year, ranking in the top 7% of the industry). This earned the company the "Industry Mover" award—specifically granted to enterprises with significant score increases—and successfully placed it in the "Top 10% of Chinese Companies in S&P Global CSA Score". This significant increase is primarily attributed to the company's long-term optimization in improving its ESG governance system, key issue management, and execution efficiency. It is also a vivid reflection of Modern Dairy's corporate spirit of "born to be strong and go beyond ourselves" Meanwhile, Modern Dairy also successfully stood out in the Global Edition of the Yearbook, earning the titles of "Sustainability Yearbook Member" and "Industry Mover". The competition for the Global Edition is particularly fierce, with over 9,200 companies evaluated and only 848 ultimately recognized. Relying on its long-term dedication and accumulated efforts in the ESG field, Modern Dairy has demonstrated its internationally leading sustainability strength.

Modern Dairy, through its practical actions, consistently drives innovative ESG practices, creating a sustainable development framework that is green, healthy, and promotes harmonious coexistence. In the environmental dimension, the company fully promotes the synergistic advancement of carbon reduction, pollution control, green expansion, and economic growth. Its innovative practice case, "Integrated System for High-Value Utilization of Manure: Practicing Green and Low-Carbon Dairy Farming" was successfully selected as an "Outstanding Corporate ESG Case of 2025" by the Ministry of Ecology and Environment. At the same time, it is accelerating the transition to renewable energy by actively deploying photovoltaic power generation and gradually replacing traditional equipment with new energy alternatives. In the social dimension, the company actively supports rural revitalization, creating a virtuous ecological closed-loop of "corporate development—social empowerment—value sharing". Prioritizing employee well-being and growth, it has won honors such as the "Happy Workplace Award" and the "Diversity, Equity, and Inclusion (DEI) Award". In the governance dimension, Modern Dairy has established a comprehensive and clear three-tier ESG governance structure, continuously improved its compliance management and business ethics systems, and achieved full coverage of ESG audits for its core suppliers.

Looking ahead, Modern Dairy will closely align with national strategic deployments and fully promote the effective implementation of the "15th Five-Year Plan" in the dairy farming sector. The company will continue to deepen its "FRESH" sustainable development strategy, focusing on a systematic layout across five major pillars: "Future, Responsibility, Environment, Society, and Health". Fully leveraging its exemplary role as an industry benchmark, Modern Dairy will strive to pioneer a new paradigm of green, low-carbon, and high-quality development for China's dairy industry through firm commitment and innovative practices.