As a ‘Company caring for better Earth’, we are building a company that takes better care of the planet.

Last year, Coway achieved record sales and operating profits through proactive risk management despite the rapidly changing business environment, including the global economic downturn and instability in the global supply chain due to geopolitical risks. This year, the external environment is expected to remain unpredictable due to the intensification of fluctuations in global interest rates and potential geopolitical risks. However, Coway will not step back when faced with negative situations, but will continue to build a sustainable and innovative Coway by expanding its global market share in line with trends and changes, enhancing its business model continuously, and maintaining stable labor relations.

In particular, this year, we will lead the expansion of our global market share with pride as the No. 1 environmental appliance company in Korea. We will strive to make Coway products a part of everyday life and help create a new living culture around the world. With customer value as our top priority, Coway will continue to create unrivaled value by making products that meet customer expectations through innovative design and quality improvement, and providing proactive customized services.

Over the past few years, Coway has made great efforts in ESG management by listening to the opinions of various stakeholders at home and abroad. This year, we declared our ESG management vision of 'Company caring for better Earth' and established our mid- and long-term strategic ESG slogan, 'Plans 2030 for the better Earth'. Guided by this vision and slogan, we plan to further strengthen our ESG management with a clear and specific direction.

We invite our customers, employees, and stakeholders to join us on this meaningful journey to create a better world and a better planet. We will remain a 'Company caring for better Earth' that meets your expectations in 2023.

Thank you.

CEO
Jang-Won Seo