ITOCHU ENEX : Announces the Formulation of Group Sustainability Policy and Identification of Important Issues

November 18, 2021

Company name: I T O C H U E N E X C O . , L T D . Representative: Kenji Okada, Representative Director President and Chief Executive Officer

(Securities code: 8133, First Section of Tokyo Stock Exchange) Contact: Masako Chikaraishi, Sustainability Office

(TEL: [phone])

ITOCHU ENEX Announces the Formulation of Group Sustainability Policy and Identification of Important Issues

ITOCHU ENEX CO.,LTD. (headquartered in Chiyoda-ku, Tokyo; Kenji Okada, Representative Director, President and CEO) announced today that it has formulated the Group's Sustainability Policy and identified important issues, aiming to realize a sustainable society and improve our corporate value.

1. Purpose

In recent years, climate change and other global environment issues have deepened. Aiming to solve a range of social

issues, initiatives for achieving the UN's SDGs and the Paris Agreement, a framework for addressing global warming, have been accelerating globally.

Under our management philosophy "The Best Partner for Life and Society - with Energy, with the Car, with the Home -," our Group has worked to realize a sustainable society. To further enhance and implement our initiatives that contribute to sustainability on a group-wide basis and for the medium and long term, we have formulated Sustainability Policy and identified sustainability issues (Materiality), which our Group should address on a priority basis.

2. Sustainability Policy

The ITOCHU ENEX Group has a mission of delivering energy and services as a "The Best Partner for Life and Society" and will aim to improve our corporate value while contributing to the development of a rich life for people and a

sustainable society.

• Contributing to a carbon neutral society through our business
• Contributing to rich communities through a stable energy supply
• Establishing a governance system stakeholders can rely on

3. Sustainability issues (Materiality)

Based on the Sustainability Policy, we have identified sustainability issues (Materiality). Through the activities for

addressing those issues, we will contribute to development of a sustainable society and work for further improvement of our corporate value. In addition, for our activities related to the important issues, the Sustainability Committee will manage their progresses.

1. Address climate change
2. • Contributing to the realization of a carbon neutral society ~
3. Access to energy
4. • Delivering the gift of energy to everyone ~
5. Utilize human resources
6. • Human resources strategies for creating diverse value ~
7. Corporate Governance
8. • Making transparent, viable, and fair decisions ~

Through our business, our Group will solve sustainability issues and contribute to achieving the SDGs (the UN's sustainable development goals).

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