LRQA Independent Assurance Statement

Relating to Panasonic Group’s Environmental Data within its
Sustainability Data Book 2022 for the fiscal year 2022
This Assurance Statement has been prepared for Panasonic Holdings Corporation in accordance with our contract.

Terms of Engagement
LRQA Limited (“LRQA”) was commissioned by Panasonic Holdings Corporation (“the Company”) to provide
independent assurance on its environmental data within its Sustainability Data Book 2022 (“the report”) for the fiscalyear 2022 (from 1 April 2021 to 31 March 2022) against the assurance criteria below to a limited level of assurance andmateriality of the professional judgement of the verifier using ISAE 3000 (Revised) and ISO 14064-3:2019 forgreenhouse gas (GHG) emissions.
Our assurance engagement covered 238 manufacturing sites in the Company and its consolidated subsidiaries
located in Japan and overseas, and specifically the following requirements:• Verifying conformance with the Company’s reporting methodologies for the selected datasets:• Evaluating the accuracy and reliability of data for only the selected indicators listed below: 1 2••••••••••••••

Energy-oriented CO2 emissions in Production activities (tCO2) and Basic Unit (10ktCO2e /10bil-Yen)
GHG emissions other than CO2 from energy use in Production Activities (tCO2e)
Scope 1 GHG emissions in Production activities (including the breakdown of the GHGs) (tCO2e)
Scope 2 GHG emissions in Production activities (including the breakdown of the GHGs) (tCO2e)
CO2 emissions for logistics (tCO2e) 3
Scope 3 GHG emissions Category.11 (Use of sold products) (tCO2e) 3
Amount of renewable energy consumption (GWh) 4
Energy consumption in Production activity (GWh)Amount of Total Wastes and revenue-generating waste (Tonnes)
Water consumption in Production activities (m3)Release / Transfer of Substances Requiring Management (Total) (Tonnes) 5
Amount of energy used (Products and Services) (GWh)Amount of energy created (Products and Services) (GWh)
Zeroization of CO2 emissions (7 sites and 9 plants) 6

LRQA’s responsibility is only to the Company. LRQA disclaims any liability or responsibility to others as explained in
the end footnote. The Company’s responsibility is for collecting, aggregating, analysing and presenting all the dataand information within the report and for maintaining effective internal controls over the systems from which thereport is derived. Ultimately, the report has been approved by, and remains the responsibility of the Company.
LRQA undertook a limited assurance engagement of the environmental data marked with “✓” within Sustainability Data Book 2022.
GHG quantification is subject to inherent uncertainty.
3
Only the logistics in Japan is covered. However, some data that could not be collected due to operate in a separate operation system are excluded
from the scope.
4
These are the results for the entire Panasonic Group, including non-manufacturing sites.
5Some consolidated subsidiaries that don’t have data collection and aggregation systems in place are not in the scope.
6The scope is 9 plants at 7 location which are PANASONIC ECO TECHNOLOGY CENTER CO.,LTD.(PETEC), PANASONIC DO BRASIL
LTD.(PANABRAS)(includes 3 factories (San Jose, Extrema, Manaus) ), PANASONIC CENTROAMERICANA S.A.(PCA), PANASONIC ENERGY (WUXI)CO.,LTD.(PECW), SANYO ENERGY(SUZHOU)CO.,LTD.(SEC(SUZ)), PANASONIC MANUFACTURING(BEIJING) CO.,LTD.(PMFBJ), and PANASONICENERGY (THAILAND) CO.,LTD.(PECTH).
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LRQA’s Opinion
Based on LRQA’s approach nothing has come to our attention that would cause us to believe that the Company has
not, in all material respects:• Met the requirements of the criteria listed above• Disclosed accurate and reliable environmental data
The opinion expressed is formed on the basis of a limited level of assurance7 and at the materiality of the professional
judgement of the verifier.

LRQA’s Approach
LRQA’s assurance engagements are carried out in accordance with ISAE 3000 (Revised) and ISO 14064-3:2019 for GHG
emissions. The following tasks were undertaken as part of the evidence gathering process for this assurance
engagement:• Auditing the Company’s data management systems to confirm that there were no significant errors, omissions
or misstatements in the report. We did this by reviewing the effectiveness of data handling procedures,instructions and systems, including those for internal verification.
• Interviewing with those key people responsible for compiling the data and drafting the report.
• Sampling datasets and traced activity data back to aggregated levels;• Verifying the historical environmental data and records for the fiscal year 2022; and• Visiting Panasonic Eco Systems to confirm the data collection processes, record management practices, and tophysically check the main facilities in the scope of the site.
• Visited Panasonic Eco Systems Co., Ltd. to confirm the data collection processes, record management practices,and to physically check their facilities.
• By implementing the Company’s “No Visitor” Policy due to the global infection spread of COVID-19, conducting
the remote verification to Panasonic Energy (Wuxi) Co., Ltd. and Panasonic Motor (Zhuhai) Co., Ltd. forconfirming the effectiveness of its data management systems via emails and Microsoft Teams.
• In order to achieve practically zero CO2 emissions, verified that each site has achieved full renewable energy use
through the use of renewable energy contracts or non-fossil certificates for electricity, and each site hasachieved carbon neutrality by using available carbon credits for carbon offset. 8Observations
Further observations, made during the assurance engagement, is:
It is recommended the Company will continue to maintain the high-level data management systems and discoverfurther improvement opportunities proactively to ensure accurate aggregation and calculation of environmental
data.

LRQA’s Standards, Competence and Independence
LRQA implements and maintains a comprehensive management system that meets accreditation requirements for
ISO 14065 Greenhouse gases – Requirements for greenhouse gas validation and verification bodies for use inaccreditation or other forms of recognition and ISO/IEC 17021-1 Conformity assessment – Requirements for bodies
providing audit and certification of management systems – Part1: Requirements that are at least as demanding as
the requirements of the International Standard on Quality Control 1 and comply with the Code of Ethics forProfessional Accountants issued by the International Ethics Standards Board for Accountants.
The extent of evidence-gathering for a limited assurance engagement is less than for a reasonable assurance engagement. Limited assurance
engagements focus on aggregated data rather than physically checking source data at sites. Consequently, the level of assurance obtained in alimited assurance engagement is lower than the assurance that would have been obtained had a reasonable assurance engagement beenperformed.
8The Company's total GHG emissions are offset by the carbon credit. While LRQA confirmed that these offset credits have been obtained by theCompany and offset appropriately, but LRQA has not taken any action against the provider of these carbon credits and expresses no opinion asto whether the offset credits will result in a reduction in CO2.
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LRQA ensures the selection of appropriately qualified individuals based on their qualifications, training andexperience. The outcome of all verification and certification assessments is then internally reviewed by senior
management to ensure that the approach applied is rigorous and transparent.
LRQA is the Company’s certification body for ISO 9001, ISO14001, IATF16949 and AS9100. These certification services
do not compromise LRQA’s independence or impartiality with respect to the assurance services that LRQA provides
to the Company.
SignedDa t e d : 11 July 2022

Norihiko Kinoshita
LRQA Lead Verifier
On behalf of LRQA Limited
10th Floor, Queen's Tower A, 2-3-1 Minatomirai, Nishi-ku, Yokohama, JAPANLRQA reference: YKA00001034
LRQA, its affiliates and subsidiaries, and their respective officers, employees or agents are, individually and collectively, referred to in this clauseas 'LRQA'. LRQA assumes no responsibility and shall not be liable to any person for any loss, damage or expense caused by reliance on theinformation or advice in this document or howsoever provided, unless that person has signed a contract with the relevant LRQA entity for theprovision of this information or advice and in that case any responsibility or liability is exclusively on the terms and conditions set out in that
contract.
The English version of this Assurance Statement is the only valid version. LRQA assumes no responsibility for versions translated into otherlanguages.
This Assurance Statement is only valid when published with the report to which it refers. It may only be reproduced in its entirety.
Copyright © LRQA, 2022.

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