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ENVIRONMENTAL
Climate Change Response & Environmental Management

Climate Change Response & Environmental Management


Ⅰ. Corporate Governance

Hanmi Science has been operating an environment governance system centered around the Board of Directors since 2025 to establish a clear environmental management framework, including carbon neutrality and climate change response. In 2025, we reported our environmental strategy and mid-to-long-term plans, greenhouse gas emissions status (Scope 1·2), and key environmental performance to the Board of Directors. Going forward, we plan to continuously strengthen the Board's role and responsibilities in environmental management through the establishment of an ESG Committee under the Board.


Decision-Making Structure


Role of Dedicated Organization

Category

Roles

Board of Directors

ㆍOverseeing major environmental management strategies and plans (regular reporting once a year)

CEO

ㆍResponsibility for final decision-making on environmental management matters
ㆍApproval of environmental management goals and action plans

ESG Group

ㆍEstablishment of key environmental management strategies and plans
ㆍEnvironmental management monitoring
ㆍOperation of communication channels for each business site

hEHS Committee

· Review and examination of environmental management policies and plans related to greenhouse gases, water, wastewater, etc.

Dedicated departments
at each business site

ㆍImplementation of detailed environmental and greenhouse gas management activities
ㆍSupport for environmental management activities



ⅠⅠ. Strategy



ⅠⅠ-(1) Detailed Carbon Neutrality Strategy

Hanmi Science plans to gradually build an environmental management system, including establishing a greenhouse gas inventory and calculating Scope 3 emissions in the short and medium term, to achieve 100% renewable energy conversion by 2040. Through this, the company plans to advance its decision-making structure, systematically identify and analyze climate change-related risks and opportunities, set detailed mid-to-long-term reduction targets, and establish a company-wide climate change response system to build a foundation for implementing environmental management. Moving forward, the company will sequentially review the introduction of renewable energy and investment in eco-friendly facilities, continuously striving to achieve its goals of introducing renewable energy by 2030, converting 50% to renewable energy by 2035, and 100% conversion by 2040.


Hanmi Science Scope 1 & 2 Emissions Reduction and Renewable Energy Transition Roadmap

Hanmi Science has established a greenhouse gas (Scope 1&2) inventory management system since 2025 to systematically manage emission status. Currently, greenhouse gas emissions from the Songtan plant account for approximately 85% of total emissions. Therefore, in the short term, the company is focusing on the Songtan plant, reflecting increased operating rates, and establishing a BAU (Business As Usual) scenario and pursuing renewable energy-based energy transition. Accordingly, a carbon neutrality roadmap has been established, aiming for the introduction of renewable energy by 2030, 50% renewable energy conversion by 2035, and 100% conversion by 2040.
Furthermore, to enhance the carbon neutrality roadmap in the future, the company is considering 2023, immediately after the merger of Hanmi Science and Hanmi Healthcare, as the base year for greenhouse gas reduction. The company plans to gradually concretize its greenhouse gas reduction targets against the base year through process optimization and the introduction of eco-friendly facilities.

Category

Unit

2026

2027

2028

2029

2030

2035

2040

BAU*

tCO2eq

11,167

11,220

11,281

11,343

11,405

11,712

12,020

Amount of Renewable Energy Introduced

MW

0

0

1

1

1

6

12

Renewable Energy Conversion Rate

%

0%

0%

9%

9%

9%

50%

100%

※ BAU (Business As Usual): Projected greenhouse gas emissions if no special reduction measures are taken, reflecting future production plan forecasts and historical average greenhouse
gas emission intensity

Hanmi Science Greenhouse Gas Emissions Status in 2025

Hanmi Science (including Online Pharm) greenhouse gas emissions total 10,836 tCO2eq. Scope 1 emissions, from sources such as boilers and gasoline, are 4,648 tCO2eq (43%), and Scope 2 emissions from electricity are 6,189 tCO2eq (57%). In the future, by measuring Scope 3, the company plans to more comprehensively understand the overall greenhouse gas emission structure across its business and enhance its mid-to-long-term reduction strategy.


Key Carbon Neutrality Activities in 2025

Hanmi Science is implementing greenhouse gas/energy reduction activities to reduce carbon emissions. Through reduction activities in 2025, the company expects to achieve a reduction effect of 43 tCO₂eq of greenhouse gases and 865 GJ of energy. Furthermore, in 2026, the company plans to continuously expand greenhouse gas reduction activities by introducing electricity demand forecast monitoring and replacing high-efficiency chillers.

Estimated Annual Reduction from 2025 Reduction Activities



Ⅱ-(2) Minimizing Environmental Impact

Hanmi Science continuously monitors relevant environmental issues to systematically manage environmental impacts that may arise during production and office operations. Starting in 2025, key environmental management performance, including air and water pollutants, water usage, and waste, will be regularly reported to the Board of Directors, thereby strengthening management and oversight of environmental management. Particularly in waste management, the company consistently maintains a recycling rate of over 90% annually, continuously striving to expand resource circulation. In the future, the company plans to gradually establish an environmental management system through the formulation of an environmental policy and the introduction of an environmental management system.


Pollutant Management

Hanmi Science's Songtan plant manages air pollutants by applying low-NOx burners to boilers to comply with emission standards for air pollutants generated from boiler combustion. In 2025, the headquarters replaced its boilers with high-efficiency once-through boilers to reduce fuel consumption, and the Songtan plant enhanced its pollutant management level by repairing external sludge hoppers. Through these activities, air and water pollutants were managed at levels below 70% and 60%, respectively, of the legal permissible standards.

Risk

Financial Impact (KRW 100M/year)

Countermeasures

Content

Short-term
(2026-2027)

Mid-term
(2028-2030)

Long-term
(2031-2040)

Increased pollutant generation due to
increased production

Increased pollutant
management costs

2.11

2.14

2.23

Monitoring for management
below legal permissible standards

Pollutant Management Status

Hazardous Chemical Management

Hanmi Science thoroughly complies with the obligations for hazardous chemical handlers as stipulated in relevant laws such as the 'Chemical Control Act,' and performs safety management based on standards for handling hazardous chemicals and facility management. To this end, we establish appropriate maintenance and safety accident prevention measures for hazardous chemical handling facilities and always keep disaster prevention equipment and neutralizing agents on hand. Furthermore, we conduct annual regular inspections of hazardous chemical handling facilities, including manufacturing/usage facilities and storage facilities, through accredited inspection agencies, and manage records of inspection results and implement subsequent safety measures.

Hazardous Chemical Usage Status

Category

Unit

2022

2023

2024

2025

Hazardous Chemical Usage Volume

ton

218

277

228

259


Waste Management

Hanmi Science thoroughly complies with waste management standards stipulated in relevant laws such as the 'Waste Management Act,' and operates on the principle of transparently recording and managing the entire process of generation, transportation, and treatment of general waste and designated waste (including hazardous substances) through the waste appropriate treatment system (Allbaro). The Songtan plant maintains a recycling rate of over 93% annually, and by stably managing DO·water temperature·and pH levels, it improved wastewater treatment efficiency, reduced sludge generation, and achieved an 8% reduction in waste generation compared to 2023. Furthermore, the headquarters signed a contract in 2025 for 100% recycling of all waste, processing 100% of the waste generated in that year.

Risk

Financial Impact (KRW 100 mil. /year)

Countermeasures

Content

Short-term
(2026-2027)

Mid-term
(2028-2030)

Long-term
(2031-2040)

Increased waste generation due
to increased production

Increased waste
management costs

0.61

0.62

0.65

Maintain waste recycling rate
above 93%

Waste Management Status

Key Waste Impacts

Category

Generation

Impact

Songtan Plant

Wastewater Treatment Sludge

Wastewater Treatment

Marine pollution upon discharge

Vegetable Residues

Product Manufacturing

Generation of greenhouse gases and environmental impact

Headquarters

Waste Synthetic Resin

Office and building operation process

Emission of greenhouse gases and microplastics during incineration

Songtan Plant

Status of Key Waste Recycling

Category

Recycling Treatment Details

Songtan Plant

Wastewater Treatment Sludge

Used for soil improvement

Used in agricultural production activities

Vegetable Residues

Used in agricultural production activities

Headquarters

Waste Synthetic Resin

Manufacture of intermediate processing waste

* Waste generated at the business site is being recycled and incinerated through reported treatment companies.


Water Resource Management

Approximately 95% of Hanmi Science's total water intake originates from the Songtan plant. The Songtan plant utilizes groundwater and tap water as its water sources, and to reduce water costs, it has obtained permits for groundwater development and use in accordance with the 「Groundwater Act」, ensuring the legal use of groundwater. To prevent groundwater pollution, regular water quality tests are conducted, and contaminants are removed through semi-annual water tank cleaning. Furthermore, by operating water softening facilities to pre-remove calcium and magnesium components from the water, and supplying it to manufacturing processes after a UV sterilization process, optimal water quality is maintained. Meanwhile, through collaboration with manufacturing processes, we are promoting continuous improvement activities to reduce water consumption by efficiently adjusting the number of CIP cleanings for each production item.

Water Withdrawal Status

Eco-friendly In-house Campaigns

Use of Reusable Cups in Cafeterias and Coffee Grounds Recycling

Hanmi Group uses reusable cups in employee lounges and cafeterias to reduce the use of disposable cups. The reusable cups are made from materials free of endocrine disruptors. Employees who use the cups return them to collection points, where they are collected and cleaned by a professional washing service from a local self-sufficiency center. In 2025, 55,430 reusable cups were used in the company cafeteria, resulting in an annual reduction of approximately 1.27 tons of greenhouse gas emissions. Furthermore, coffee grounds generated in the company cafeteria are not treated as general waste but are collected through the Songpa-gu Office's coffee grounds recycling program and provided to local livestock farms as a moisture regulator and compost. The expected greenhouse gas reduction contribution from coffee grounds recycling is 0.12 tons.


In-house 'Whole Soy Milk AGAIN' Campaign for Environment Day

Hanmi Science conducted the 'Whole Soy Milk AGAIN' program for 'Environment Day'. Employees sampled the company's Whole Soy Milk products, received education on how to properly separate and dispose of aseptic packs, and directly experienced the washing, drying, and unfolding processes.
Approximately 100 employees participated, pledging to practice environmental protection for future generations. The campaign focused on guiding the correct disposal method for aseptic packs: ▲washing them cleanly, ▲completely removing moisture, ▲unfolding and drying the packs, and ▲disposing of them separately from general paper packs. Through this activity, Hanmi Pharmaceutical aims to raise employees' awareness of resource circulation and lay the groundwork for spreading sustainable environmental protection practices in daily life.


Donation Program for Disposed IT Assets

Hanmi Group recycles disposed IT assets to promote efficient resource circulation. In collaboration with the social enterprise 'Comwin', IT waste is recycled, and refurbished PCs are used to support IT education and initiatives for underprivileged groups.



III. Risk Management

Risk and Opportunity
Monitoring

Period

Target Audience

Method

Oversight

Climate Change Response

GHG Monitoring and
Third-Party Verification

Once a year

Hanmi Science
Online Pharm
sites

ㆍMonitoring of carbon neutrality roadmap through
Scope 1+2 emission calculation and verification

ESG Group,
Property Management Group,
Manufacturing Support Team
/Manufacturing Team,
Management Team, Logistics Group

GHG Reduction Activities

Once a year

Hanmi Science
Workplaces

ㆍMethods for reducing energy, water, and steam
consumption and calculation of reduction amounts

Property Management Group,
Manufacturing Support Team
/Manufacturing Team

Financial Impact Analysis of Climate Change

Once a year

Hanmi Science
Workplaces

ㆍReview of negative impacts on business operations,
external environmental changes, financial impacts, etc.
ㆍIdentification and review of transition risks and
opportunities

ESG Group

Minimizing Environmental Impact

Pollutant Management

Ongoing

Hanmi Science
Online Pharm
sites

ㆍManagement of air/water pollutants below legal
permissible limits

Property Management Group,
Manufacturing Support Team
/Manufacturing Team

Hazardous Chemical
Management

Ongoing

Hanmi Science
Workplaces

ㆍManagement of hazardous chemical use and disposal

Manufacturing Support Team
/Manufacturing

Waste Management

Ongoing

Hanmi Science
Online Pharm
sites

ㆍMonitoring waste generation and recycling volume,
performing activities to improve recycling rates

Property Management Group,
Manufacturing Support Team
/Manufacturing Team

Water Resource
Management

Ongoing

Hanmi Science
Online Pharm
sites

ㆍManagement of water intake and wastewater discharge

Finance Group,
Manufacturing Support Team
/Manufacturing Team,
Logistics Group



Ⅳ. Indicators and Goals

Carbon Neutrality 2025 Performance and 2026 Targets

2025 Performance

2026 Targets

ㆍGreenhouse gas emissions 10,836tCO2eq (10% increase compared to 2023)
ㆍEnergy consumption 219,670GJ (10% increase compared to 2023)

ㆍGreenhouse gas emissions 9,814tCO2eq (maintained at 2023 level)
ㆍEnergy consumption 199,085GJ (maintained at 2023 level)

- [Company-wide] Establishment of GHG inventory management system
- [Head Office] Replacement of high-efficiency once-through boilers and
improvement of ancillary facilities
- [Songtan Plant] Replacement of LED fluorescent lights and boiler economizers for
improved thermal efficiency

- [Head Office] Office lighting improvement and introduction of power
demand prediction monitoring
- [Songtan Plant] Replacement of existing fluorescent lights with LED
fluorescent lights and high-efficiency chillers

Carbon Neutrality Related Investment Amount

2025

Execution Rate

2026

Plan: KRW 2.46 billion1) l Executed: KRW 0.5 billion

20%

Plan: KRW 2.69 billion

1) 2025 Plan: Cost of replacing old equipment (chillers) (approx. KRW 2 billion) deferred to 2026

Minimizing Environmental Impact 2025 Performance and 2026 Targets

2025 Performance

2026 Targets

Pollutant Management

ㆍAir/Water Pollutant Legal Emission Limits: 70%/60% or less

Management of air/water pollutant legal permissible limits: 70%/60% or less

Hazardous Chemical Management

Due to negligible generation of designated waste, no separate waste
disposal performance in 2025

ㆍManaging incineration rates of hazardous chemicals at 30% or less.

Circular Economy Management

ㆍWater Withdrawal (Intensity): 98.8 tons/KRW 100 million
ㆍWaste Recycling Rate: 97%

ㆍMaintain 2023 level of Water Withdrawal (Intensity): Below 110.8 tons
/KRW 100 million
ㆍMaintain 2023 level of Waste Recycling Rate: Above 93%

Spreading Eco-friendly Culture

ㆍCarbon Neutrality Social Contribution Activities, such as using multi-use
cups: Expected reduction effect of 2.3 tons

ㆍPursuing a reduction effect of 2.0 tons or more annually through
carbon-neutral social contribution activities.

Investment Amount Related to Minimizing Environmental Impact

2025

Executed: KRW 40 million



Ⅴ. Climate Change Risk Analysis

Hanmi Science conducted a comprehensive review of the negative impacts of business operations, external environmental changes, and financial implications in 2025 to identify climate change risks and opportunities. The assessed business sites and organizations identified and reviewed transition risks and opportunities, taking into account the likelihood of occurrence in the short, medium, and long term, as well as the severity of the company's potential impact. Moving forward, we plan to conduct climate change-related scenario analysis and systematically identify physical risks to advance our climate change response and risk management system.

Climate Change Risk Management Framework

Climate Change Risk Assessment

Category

Risk Description

Priority

Transition Risk

Policy
/Regulations

T1

Possibility of Inclusion in Greenhouse Gas Target Management System

9

T2

Expansion of Mandatory Climate Change Disclosure

5

T3

Prevention of Greenwashing

8

T4

Obligations and Regulations on Existing Products and Services

6

Technology

T5

Introduction of low-carbon technologies/facilities

3

Market

T6

Power market uncertainty

1

T7

LNG market uncertainty

3

T8

Uncertainty in supplier selection

9

T9

Increased volatility in renewable energy prices

2

Reputation

T10

Increased stakeholder concerns and negative feedback, such as changes in consumer preferences

6

Category

Risk Description

Priority

Opportunity
Factors

Policy
/Regulations

O1

Increased incentives for participating in carbon reduction

3

Technology
/Market

O2

Energy cost reduction through RE100 implementation by securing renewable energy and installing solar power

1

Reputation

O3

Increased business competitiveness through climate change response (e.g., eco-friendly product production)

2

※ In cases where the risk score (likelihood X impact) is identical, the priority is set equally and managed with the same priority.
Key risks requiring priority management are highlighted.


Climate Change Transition Risk Assessment

Due to the expansion of production lines at the Songtan plant, the applicability of carbon emission-related regulations such as the Greenhouse Gas Target Management System is expected to increase in the future. Hanmi Science is building an environmental management system to respond to these transition risks, identifying risks in advance and establishing response strategies to minimize business risks that may arise during the 2040 Net Zero implementation process. Furthermore, the company plans to actively communicate various activities and achievements for reducing environmental impact with stakeholders.

Type

Period

Risk

Financial Impact

Mitigation Measures

Policy/
Regulations

T1

Long
-term

Potential Inclusion in Greenhouse Gas
Target Management System
- Due to increased production and
expanded lines at Songtan Plant, the
likelihood of inclusion in the Target
Management System is rising.

- Penalties imposed for failure to
meet reduction targets

[Current Response Measures]
- Implementing in-house greenhouse gas reduction
activities through energy/process efficiency
improvements.
- Monitoring and third-party verification of
greenhouse gas emissions
[Future Response Directions]
- Through conversion to renewable energy and
replacement with high-efficiency energy sources,
achieving substantial carbon emission reductions.

T2

Mid
-term

Mandatory Climate Change Disclosure
- Targeting KOSPI-listed companies with
consolidated assets of KRW 30 trillion
or more by 2028, mandatory ESG
disclosure will be implemented.
- Global climate disclosure frameworks
such as IFRS S2, SEC Climate
Disclosure, and ESRS are being
established.

- Increased costs for emission
calculation, verification/disclosure
compliance

[Current Response Measures]
- Calculation of Scope 1 & 2 emissions and
third-party verification
- Third-party verification of ESG report
[Future Response Directions]
- Analysis of climate change scenarios and physical risks
- Responding to CDP climate change disclosures
- Calculation of Scope 3 emissions and third-party
verification

T3

Mid
-term

Prevention of Greenwashing
- Penalties are imposed on greenwashing
companies, and the no. of greenwashing
lawsuits increases every year.

- Penalties incurred in case of violation

[Current Response Measures]
- Third-party verification of ESG report

T4

Long
-term

Obligations and Regulations on Existing Products and Services
- Penalties and administrative actions due
to non-compliance with relevant laws
and regulations
- In accordance with the HFCs management
system improvement plan, transitioning
HFC-using products to those with lower GWP.
- Introduction of converting fossil fuel-based
vehicles

- Increased compliance costs
- Potential for levies and penalties if
regulations are strengthened
- Increased levies and refrigerant
replacement costs upon
introduction of refrigerant regulations
- Increased costs for converting to
alternative energy vehicles

[Current Response Measures]
- Mid- to long-term greenhouse gas reduction
targets and implementation
- Annual monitoring of climate change-related
performance
[Future Response Directions]
- Reviewing eco-friendly vehicle transition / internal
combustion engine vehicle regulation monitoring
reinforcement.

Technology

T5

Long
-term

Introduction of Low-Carbon Technologies/Facilities
- Increased investment costs for energy transition and greenhouse gas reduction facilities

- Increased investment costs for
solar panel installation
- Increased investment costs for
energy efficiency and process
optimization

[Current Response Measures]
- Undertaking in-house greenhouse gas reduction
activities through energy/process efficiency
improvements.
[Future Response Directions]
- Advanced monitoring of carbon emission
reductions when purchasing equipment
- Review of waste heat reuse and transition to
eco-friendly fuels
- Review of introducing low-carbon technologies
in production facilities/equipment
- Review of renewable energy adoption
(e.g., REC, PPA)

Market

T6

Short
-term

Power Market Uncertainty
- Rising electricity costs and increased volatility
- The paid allocation ratio in the power generation sector during the 4th planning period of the Greenhouse Gas Emission Trading Scheme has
increased → leading to higher emission allowance costs for power generators
→ resulting in electricity bill increases.
(Paid allocation in 3rd planning period: 10%, Paid allocation in 4th planning period:
expanded to 50% by 2030)

- Increased energy costs due to
rising electricity prices

[Current Response Measures]
- Monitoring electricity consumption
[Future Response Directions]
- Identifying PPA contracts

T7

Short
-term

LNG Market Uncertainty
- Due to global political or climatic factors such as increased exchange rates, wars, and cold waves, deepened volatility

- Due to potential increases in LNG
costs and increased production,
rising energy costs

[Current Response Measures]
- Through energy/process efficiency improvements,
conducting in-house greenhouse gas reduction
activities
[Future Response Measures]
- Through energy/process efficiency improvements,
greenhouse gas reduction activity enhancement

T8

Long
-term

Uncertainty in Supplier Selection
- Due to growing regulations on plastics and biodiversity, costs for packaging materials and others increase
- Increased necessity for climate change response within the supply chain

- Due to the use of sustainable raw
materials and compliance with
environmental regulations,
increased operating costs
- Due to increased low-carbon
transition costs in the supply chain,
raw material procurement costs increase

[Future Response Directions]
- Establishing Scope 3 emissions calculation and
reduction targets
- Conducting engagement activities with key
suppliers in the supply chain
- Building an LCA-based emissions calculation system

T9

Long
-term

Increased Renewable Energy Price Volatility
- Due to renewable energy supply shortages, price fluctuations, power plant transaction methods, etc., intensified external market volatility

- Renewable energy self-generation,
REC purchases, and PPA contracts
resulting in increased capital
expenditure

[Current Response Measures]
- Reviewing profit/loss simulations through PPA contracts
[Future Response Directions]
- Identifying additional PPA contracts

Reputation

T10

Long
-term

Increased Stakeholder Concerns and Negative Feedback, including Changes in Consumer Preferences
- Increased consumer environmental considerations and preference for eco-friendly products
- Demands from investors and stakeholders for climate change and biodiversity response increase

- Establishing an LCA system for
eco-friendly product verification

[Current Response Measures]
- Public disclosure of accurate information based
on third-party verification (ESG Report)
[Future Response Directions]
- Participation in the Korea TCFD Alliance
- Product certification for Carbon Footprint and
Environmental Product Declaration

Assessment of Climate Change Opportunities

Hanmi Science evaluated climate change opportunities that could impact its business based on impact and likelihood, thereby deriving materiality.

Type

Period

Opportunities

Financial Impact

Response Measures

Policy/
Regulations

Long
-term

O1. Increased Incentives from Participating in Carbon Reduction

- Government subsidies/grants, tax benefits,
etc.

[Current Response Measures]
- Prioritizing high-efficiency equipment
application when introducing
new/replacement facilities
[Future Response Directions]
- Introduction of an internal incentive system
linked to carbon reduction activities

Technology/
Market

Mid
-term

O2. Energy cost reduction by achieving RE100 through securing renewable energy and installing solar power.

- Reduction in electricity costs through
renewable energy use, such as identifying
PPA contracts
.

[Current Response Measures]
- Solar power installation
- Review of profit/loss simulations through
PPA contracts
[Future Response Directions]
- Identification of additional PPA contracts

Reputation

Mid
-term

O3. Enhanced business competitiveness through climate change response (e.g., eco-friendly product manufacturing).

- Increased sales due to meeting climate
change response requirements.

[Current Response Measures]
- ESG report disclosure and third-party
verification
[Future Response Directions]
- Carbon footprint and environmental product
declaration certification


Financial Impact Analysis of Climate Change Transition Risks

Hanmi Science assessed the materiality (likelihood × impact) of identified transition risks to identify high-priority risks (High grade), and calculated financial impacts based on the average annual amount for short-term (2026–2027), medium-term (2028–2030), and long-term (2031–2040) periods. Furthermore, with the implementation of RE100, it is expected that the burden of costs for emission deficits will be mitigated in the long term through expanded use of renewable energy and utilization of RECs and PPAs, which have been identified as financial opportunities.

Type

Transition Risks

Content

T5. Introduction of Low-Carbon Technologies/Facilities

Financial Impact
Analysis Criteria

Hanmi Science has established detailed carbon neutrality goals with the aim of achieving carbon neutrality by 2040. To achieve carbon neutrality, investment costs for implementing reduction measures such as energy efficiency and process optimization will increase. For this, implementation costs through solar power facility installation and maintenance were calculated.

Financial Impact
Analysis Results

Short-term (2026-2027): KRW 1.12 billion
Medium-term (2028-2030): KRW 0.02 billion
Long-term (2031-2040): KRW 0.02 billion

Content

T6. Electricity Market Uncertainty

Financial Impact
Analysis Criteria

Starting from the 4th planning period of the Greenhouse Gas Emission Trading Scheme, the proportion of paid emission allowances in the power generation sector is gradually increasing (from 10% in the 3rd planning period to a maximum of 50% by 2030 in the 4th planning period). With the push for electricity market reform, an increase in electricity unit prices is anticipated. Accordingly, energy costs due to rising electricity unit prices have been calculated.

Financial Impact
Analysis Results

Short-term (2026-2027): KRW 2.82 billion
Medium-term (2028-2030): KRW 3.13 billion
Long-term (2031-2040): KRW 3.99 billion

Content

T7. LNG Market Uncertainty

Financial Impact
Analysis Criteria

The possibility of rapid fluctuations in international LNG prices is expanding due to increased volatility from global political and climate factors, such as rising exchange rates, wars, and cold waves. Accordingly, the financial impact on energy costs was estimated by applying it to annual LNG consumption compared to BAU (Business As Usual).

Financial Impact
Analysis Results

Short-term (2026-2027): KRW 1.75 billion
Medium-term (2028-2030): KRW 1.71 billion
Long-term (2031-2040): KRW 1.78 billion

Content

T9. Increased Volatility in Renewable Energy Prices

Financial Impact
Analysis Criteria

Hanmi Science aims to achieve RE100 for Net Zero realization by 2040 and has set Power Purchase Agreements (PPA) and Renewable Energy Certificates (REC) purchases as primary implementation methods. The costs for RE100 implementation through PPA and REC, including annual KEPCO charges based on BAU, have been calculated.

Financial Impact
Analysis Results

RE100 Implementation Costs (PPA)

Mid-term (2028-2030): KRW 3.04 billion
Long-term (2031-2040): KRW 3.16 billion

Financial Impact
Analysis Results

RE100 Implementation Costs (REC)

Mid-term (2028-2030): KRW 4.11 billion
Long-term (2031-2040): KRW 4.99 billion

Type

Opportunities

Content

O2. Energy cost reduction by achieving RE100 through securing renewable energy and installing solar power.

Financial Impact
Analysis Criteria

Hanmi Science is reviewing the introduction of renewable energy PPA contracts to achieve RE100 for carbon neutrality, and through this, has compared and analyzed existing Korea Electric Power Corporation (KEPCO) electricity tariff rates with PPA rates. As a result of this analysis, the potential for reducing electricity purchase costs through PPA introduction was identified as a financial opportunity.

Financial Impact
Analysis Results

Mid-term (2028-2030): KRW 0.06 billion
Long-term (2031-2040): KRW 0.8 billion