Coway Co., Ltd. announced the establishment of its Environmental, Social, and Governance ("ESG") committee under the Board of Directors. This new committee will be solely dedicated to ensuring the company's practices are in alignment with its sustainability vision of enhancing long-term corporate values and promoting strategic ESG management. Among the responsibilities of the ESG Committee will be supervising environmental, social, and corporate governance-related policies. The committee will also provide accountability to board members on carrying out strategic ESG initiatives. In addition to this, the ESG committee will be the head decision-making panel on ESG managerial policies, long-term sustainability goals, and responding to major risks and opportunities. The committee consists of Jangwon Seo, the co-CEO of Coway, and two independent directors, Jin-Bae Kim and Da-Woo Lee. Jin-Bae Kim will also chair the committee to ensure impartiality.