July 3, 2023
Endeavour United Co.,Ltd.

Usui Home Holdings Executed the Sustainability- Linked Loan
We announced today that Usui Home Holdings Co., Ltd. (“Usui Home”), a company
under the Endeavour II Investment Business Limited Partnership, a fund under themanagement of Endeavour United Co., Ltd. (“EU”), has entered into a SustainabilityLinked Loan agreement(“SLL”) based on Sustainability-Linked Loan Principles（※1） on
June 30, 2023. This SLL is arranged by The Bank of Yokohama, Ltd. (President andRepresentative Director: Tatsuya Kataoka), Kiraboshi Bank, Ltd. (President andRepresentative Director: Hisanobu Watanabe) and MUFG Bank, Ltd. (President andCEO: Junichi Hanzawa).
In the SLL, Usui Home sets the Sustainability Performance Target (“SPT”) based on
their business strategies. Usui Home’s SPT and loan conditions will be linked to aim toaccelerate economic activities and promoting growth while to ensure environmentaland social sustainability.
In their philosophy, Usui Home declares “Be the best housing and life partnercompany while realizing employee satisfaction, customers delight and communityinvolvement”. Usui Home pursues sustainability management: In 2021, Usui Home
issued “Usui Group SDGs Declaration” as a pioneer in the industry, to provide houses
that enable safe and secure living for a long time. In this SLL, USUI Home sets the KPIof sales of homes with improved environmental performance to enhance the projects
that contribute achieving a decarbonized society as a part of sustainabilitymanagement.
This SSL has obtained third -party opinions ( ※ 2 ) on the compliance of th e
Sustainability-Linked Loan Principles, as well as the ambition and rationality of the set
SPTs for Rating and Investment Information, Inc.
Usui Home will enhance its sustainability management policy with further measures
such as promoting environmental friendly renovation, community involvement, andreducing turnover ratio, in addition to increasing sales of homes with improved
environmental performance. These efforts aim to contribute to the solution of

environmental and social issues and foster a sustainable society.
Structure

Syndicated Loan

Closing dateJune 27, 2023

Execution dateJune 30, 2023

Lenders/Arrangers

The Bank of Yokohama, Ltd.
Kiraboshi Bank, Ltd.
MUFG Bank, Ltd.

SPTs

Percentage of the sales of the newly-built detachedhouses that satisfy both grade 5 insulation performanceand grade 6 primary energy consumption

Third-party

Rating and Investment Information, Inc.

assessment
organization
Please refer to the corporate website of Usui Home for information on sustainability related projects.
https://www.usui-home.com/sdgs※1 The SLP was developed by the Loan Market Association and other institutions. The
Association's headquarters are located in the UK, with memberships from more than
700 organizations covering over 60 countries, mainly in Europe and the Middle East.
Its key objective is to improve liquidity, efficiency, and transparency in the primary andsecondary syndicated loan markets in Europe, the Middle East, and Africa.
※2 Please refer to the corporate website of Rating and Investment Information, Inc. formore information.
https://www.r-i.co.jp/news_release_suf/2023/06/news_release_suf_20230630_jpn.pdf