Global HR
Management Policy

Global HR
Management Policy
1. Why we established this policy
2. What we aim for
3. Diversity, Equity and Inclusion
4. How we realize this aim
The Mindset we value in HR Management

1. Talent recruitment
2. Talent development and training
3. For talent success -- Performance management -4. For talent success -- Right person in right assignment -5. Fair treatment
6. Work environment and workplace culture that support talents

5. Who takes responsibility for HR Management

1
Why we establishedthis policy

The Sumitomo Corporation Group,
through our “Global HR Management Policy”,
presents a vision for global humanresources management.
With this as the foundation of all our HR initiatives,
we will implement HR management
to foster an environment that creates new value.

Why 03

2
What we aim forSC people
The Sumitomo Corporation Group aims to bea group of individuals “creating new value on
a global scale, sharing SC Group’s vision and mission,and maintaining high aspirations and a continuous
intrinsic motivation with Enterprising Spirit”.

SC organization
The Sumitomo Corporation Group aims to build
a Great Place to Work on a global scale,where individuals continuously and passionately
create new value.
We aim to be an organization recognized
for nurturing talents that continuously take on newchallenges throughout the world.

What 05

3Diversity,Equityand Inclusion

The Sumitomo Corporation Group recognizes
Diversity, Equity and Inclusion as“the core enabler for value creation,innovation and competitiveness”,
eliminating any barriers, andpursuing the realization of our shared vision,by leveraging our mix of diverse wisdom.

DE&I 07

4How we realize this aim

The Mindset that Sumitomo Corporation Groupvalues in HR management.
STRATEGY DRIVEN

To realize business growth strategy.

GEMBA ORIENTED

To be responsive to different needs in various businesses,regions, and markets, and to provide ﬂexibility.

FAIR & OBJECTIVE

To treat and reward individuals in a fair manner, with“medium and long-term perspective” and “objectivity”.

TRANSPARENT &CONSISTENT

To continue highly transparent operations understoodby individuals from different backgrounds, so we canelevate our collective understanding.

RESPONSIBLE &ACCOUNTABLE

To value individual responsibility, commitment,and accountability.

RESPECTFUL INCOMMUNICATION

To convey your own thoughts to another with respect
while drawing out the other person’s views so as tobuild a bridge of understanding.

ETHICAL &COMPLIANT

To comply with local laws, as well as governancesystems and agreements.

How 09

How we realize this aim
1. Talent recruitment

2. Talent development
and training

3. For talent success

The Sumitomo Corporation

The Sumitomo Corporation

The Sumitomo Corporation

Group continuouslyGroup values theGroup pursues transparent

endeavors to be attractive

fundamental significanceand fair evaluation forto diverse talents.

of “talent development”.

each contribution toIn recruitment, we value

We encourage individualsorganizational growth andthe sharing of core values,

to grow proactively byvalue enhancement,

regardless of one’s

continuously learning

thereby connecting thebackground or any

with a heightened sense

performance management

dimension of diversity.

of awareness.

process to the growth of-- Performance management --both individuals andorganizations.

4. For talent success5. Fair treatment

6. Work environment
and workplace culturethat support talents

The Sumitomo Corporation

The Sumitomo Corporation

The Sumitomo CorporationGroup draws out the fullGroup, while bearing inGroup provides a safe,

potential of individuals richmind Total Rewards,

healthy and sound workwith diversity.

spotlights and respects

environment.

Through a Talent Review

different promoters of

We create a workplace

and Succession Planningvalue creation and pursues

culture that provides

mechanism, we deploy thefair treatment.

psychological safety and-- Right person in right assignment --right talents to the rightencourages growth ofassignments according toindividuals and trustworthy

our business strategy.

relationships.

How 11

5
Who takes responsibilityfor HR Management

All members of the Sumitomo Corporation Groupassume the ownership and responsibility to
execute this “Global HR Management Policy”.

Who 13