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Copyright (C) 2020 Panasonic Corporation All Rights Reserved.

0RXQWLQJPDFKLQHVDisclaimer Regarding Forward-Looking Statements
This presentation includes forward-looking statements about Panasonic and its Group companies (the Panasonic Group). To the extent
that statements in this presentation do not relate to historical or current facts, they constitute forward-looking statements. These forwardlooking statements are based on the current assumptions and beliefs of the Panasonic Group in light of the information currently available
to it, and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause thePanasonic Group's actual results, performance, achievements or financial position to be materially different from any future results,
performance, achievements or financial position expressed or implied by these forward-looking statements. Panasonic undertakes noobligation to publicly update any forward-looking statements after the date of this presentation. Investors are advised to consult any further
disclosures by Panasonic in its subsequent filings under the Financial Instrument and Exchange Act of Japan (the FIEA) and other publicly
disclosed documents.
The risks, uncertainties and other factors referred to above include, but are not limited to, economic conditions, particularly consumer
spending and corporate capital expenditures in the Americas, Europe, Japan, China and other Asian countries; volatility in demand forelectronic equipment and components from business and industrial customers, as well as consumers in many product and geographicalmarkets; the possibility that the spread of the novel coronavirus infections may adversely affect business activities of the Panasonic Group;
the possibility that excessive currency rate fluctuations of the U.S. dollar, the euro, the Chinese yuan and other currencies against the yen
may adversely affect costs and prices of Panasonic’s products and services and certain other transactions that are denominated in these
foreign currencies; the possibility of the Panasonic Group incurring additional costs of raising funds, because of changes in the fundraising environment; the possibility of the Panasonic Group not being able to respond to rapid technological changes and changing
consumer preferences with timely and cost-effective introductions of new products in markets that are highly competitive in terms of bothprice and technology; the possibility of not achieving expected results or incurring unexpected losses in connection with the alliances ormergers and acquisitions; the possibility of not being able to achieve its business objectives through joint ventures and other collaborative
agreements with other companies, including due to the pressure of price reduction exceeding that which can be achieved by its effort anddecrease in demand for products from business partners which Panasonic highly depends on in BtoB business areas; the possibility of thePanasonic Group not being able to maintain competitive strength in many product and geographical areas; the possibility of incurring
expenses resulting from any defects in products or services of the Panasonic Group; the possibility that the Panasonic Group may face
intellectual property infringement claims by third parties; current and potential, direct and indirect restrictions imposed by other countries
over trade, manufacturing, labor and operations; restrictions, costs or legal liability relating to laws and regulations or failures in internal
controls; fluctuations in market prices of securities and other financial assets in which the Panasonic Group has holdings or changes invaluation of non-financial assets, including property, plant and equipment, goodwill and deferred tax assets; future changes or revisions toaccounting policies or accounting rules; the possibility of incurring expenses resulting from a leakage of customers’ or confidential
information from Panasonic Group systems due to unauthorized access or a detection of vulnerability of network-connected products of
the Panasonic Group; as well as natural disasters including earthquakes, prevalence of infectious diseases throughout the world,
disruption of supply chain and other events that may negatively impact business activities of the Panasonic Group. The factors listed
above are not all-inclusive and further information is contained in the most recent English translated version of Panasonic’s securities
reports under the FIEA and any other documents which are disclosed on its website.

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