1. Introduction 

At Bluebits Technologies, environmental protection is a core commitment. We are dedicated to  minimizing our impact across all business operations to safeguard the climate and ecosystems. In our pursuit of sustainability, we continually explore innovative methods to reduce our  environmental footprint. This includes deploying modular locker systems that lower operational  costs, optimizing supply chains for greater energy efficiency, and collaborating with vendors  who share our commitment to reducing environmental impact. Our efforts also extend to  mitigating climate change risks and transparently sharing our progress with investors, service  users, and business partners. We are committed to taking conscious actions that foster  sustainable development and deliver positive environmental outcomes. 

2. Commitments 

Our environmental policy is grounded in the following principles: 

Greenhouse Gas Emissions Reduction 

1. Our goal is to reduce greenhouse gas emissions through efficient operations, aiming to  achieve net-zero emissions by 2050, guided by frameworks such as the Science Based  Targets Initiative (SBTi). We are committed to investing in technological advancements that  reduce our environmental footprint across our entire value chain, including the production,  transportation, installation, and maintenance of smart lockers. 
2. We are dedicated to continuously promoting and educating stakeholders about smart  locker technologies across both the private and public sectors. Our aim is to support the  global shift towards an out-of-home Delivery System backed by an extensive smart locker  network in our last-mile operations. This initiative is expected to reduce over 60% of the  

emissions associated with the current, less efficient delivery model. Further details on the  initiative can be found here. 

Energy Efficiency  

We are committed to consistently enhancing the energy efficiency of our smart lockers,  vehicles, and operational infrastructure. By carefully monitoring and optimizing energy use, we  aim to reduce our carbon footprint and minimize emissions. 

Sustainable Transportation  

Our goal is to reduce the environmental impact of our transportation activities. In partnership  with our business associates, we will prioritize the adoption of low-emission or zero-emission  vehicles within our fleet. We will also optimize transport efficiency by selecting the most  suitable vehicles, refining loading processes, and planning the most effective routes. 

Innovation and Research  

We will continue to strengthen our research and development efforts, seeking new smart  solutions and technologies that enable users to integrate eco-friendly practices into their daily  activities, thereby reducing their environmental impact.

Green Economy  

We are committed to promoting a circular economy and minimizing waste production. We will  adopt practices that emphasize reducing, reusing, and recycling across all operations. We aim to  decrease resource consumption by embracing circular economy strategies and supporting a  more sustainable logistics model. 

Education and Engagement  

We will continue to educate our employees and stakeholders within the value chain on  sustainable practices, encouraging active participation in our environmental initiatives. We will  also foster ecological awareness and environmental stewardship among our stakeholders. 

Collaboration and Engagement  

We will collaborate with communities, organizations, and institutions to exchange knowledge,  experiences, and best practices in environmental protection. We will further engage with local  communities through educational partnerships. Additional information can be found here. 

3. Responsibility 

The ESG Committee establishes and reviews the ESG Strategy and related documents that set  environmental goals. The committee ensures these goals align with regulations, integrate with  our business strategy, and support governmental objectives. Additionally, the Committee  monitors emerging industry trends relevant to the company and reviews our environmental  initiatives and commitments. 

4. Implementation 

Organizations are required to take all necessary actions to minimize their environmental impact.  This policy is enforced through established procedures for monitoring environmental factors  and managing waste. These procedures include identifying, monitoring, and managing  environmental aspects alongside regular audits to ensure compliance with policies and  standards. Organizations are expected to reduce waste generation, manage waste responsibly,  and conserve natural resources. By following these procedures, organizations contribute to  sustainable development and preserving the natural environment. 

5. Monitoring and Reporting 

We will continuously monitor our environmental performance to measure progress toward our  goals. Our environmental achievements will be actively shared with customers, business  partners, and the local community. Our reports will be transparent and reliable and will include  key sustainability indicators. 

6. Policy Updates 

This policy will undergo regular reviews and may be amended to ensure it aligns with the  company’s goal of leading sustainable transformation and expanding its environmental  initiatives.