Wellell values the expectations and suggestions of stakeholders. Based on the GRI Universal Standards 2021, and with reference to the material topics of concern to institutional investors, benchmark peers, and the Sustainability Accounting Standards Board (SASB) in the medical device industry, Wellell has incorporated economic, environmental, and human (human rights) impact assessments, and established a material topics analysis process. To effectively manage material topics, Wellell conducts an analysis of material topics every two years, involving 115 internal and external stakeholders and nearly 30 middle and senior managers in the survey. Based on a questionnaire survey that comprehensively considered stakeholder concerns, the positive and negative impacts of sustainability topics, and the likelihood of their occurrence, the Sustainable Development Committee identified five material topics through review and resolution, created a matrix of material topics for Wellell, and worked out the positive and negative impact results. The relevant results were also reported to the Board of Directors.

After analysis and discussion, and combining similar topics, five material topics were finally selected for the current year, including information security, innovation and intellectual property protection, product quality and safety, product design and life cycle management, and customer relations. Compared to the identification results of material topics in the previous year, the results this year changed significantly, as they were obtained through a questionnaire survey to collect opinions from internal and external stakeholders, while expanding the scope of industry-related topics and adjusting the material topics. As a result, innovation and intellectual property protection, product design and life cycle management, and customer relations were added. However, topics not included in the previous year will continue to be managed under the existing procedures.