ESG Rating : Governance : Investors : Doosan Bobcat

Year	Evaluation Agency	Overall	Environmental	Social	Governance
2025	Korea Institute of Corporate Governance and Sustainability	A	B+	A	A
2024	Korea Institute of Corporate Governance and Sustainability	A	B+	A	A
2023	Korea Institute of Corporate Governance and Sustainability	A	B	A	A
2022	Korea Institute of Corporate Governance and Sustainability	B+	B	A	B+
2021	Korea Institute of Corporate Governance and Sustainability	B+	C	A	A
2020	Korea Institute of Corporate Governance and Sustainability	B+	D	A	A
2019	Korea Institute of Corporate Governance and Sustainability	B	D	B	A
2018	Korea Institute of Corporate Governance and Sustainability	B	D	B	A
2017	Korea Institute of Corporate Governance and Sustainability	B	D	B	A

Good Corporate Governance Recommendations	Adopted	Remarks
Adoption of Charter of Corporate Governance	X
Voting in writing	X	Abolition of Written Voting and introduction of Electronic Voting as of March 27, 2026
Cumulative Voting	O	Adoption of Cumulative Voting as of March 27, 2026 (effective as of September 10, 2026)
Formation of BOD (with a majority of outside directors)	O
Public announcement of BOD activities	O
Formation of a committee for the recommendation of outside directors	O	The committee for the recommendation of outside directors have been formed (All outside directors)
Formation of an audit committee	O	Meeting the requirements to include accounting / financial experts (All outside directors)
Establishment and public announcement of the regulations of corporate ethics	O
Public announcement of the difference compared to standard corporate governance	O	Posted on the company homepage
To be covered by liability insurance with the company’s expenses for directors’ compensation for damages	O	Covered by liability insurance for directors’ compensation for damages (renewed annually)
Exact certification of business report, etc.	O	Certified by the representative director and the executive in charge