New Group Management Undera Holding Company Structure
2nd Quarter Financial Results for Fiscal 2019
November 12, 2019

Masayuki Sato
Representative Director, Chairman and CEO

New Group Management Under a Holding Company Structure
Essential for sustained growth:“Continuing to adapt to macrotrends”
Example: Changes related to energy and environment(1) The primary energy mix is changing: "Less Carbon, More Energy"
IEA Forecast: Primary energy mix in 2040
Although fossil energy sources will be less important, they will still represent about 60% of
the primary energy mix, buoyed by rising demand in emerging economies.
Sources such as renewable energy will be more important than they are today – growing toaccount for about 40% of the mix.

(2) Trends toward a low-carbon, recycling-oriented society are accelerating

Aims of these trends include stronger CO2 emissions controls, less reliance on fossil fuels, andmeasures to address plastic waste.

Moving to a holding company structure reflects our awareness of these macrotrends<Two-pronged strategy> Overseas Oil & Gas remains our main business. Through multiple otherbusinesses, we will respond to these trends and expand earnings.
 Environmental business will be suitably emphasized and expanded.
New Group Management Under a Holding Company Structure: 2nd Quarter Financial Results for Fiscal 20192

New Group Management Under a Holding Company StructureCore Group Business Strategy

Overseas
Infrastructure

Expand infrastructure construction in Asia as a pillar of groupbusiness that responds to environmental issues and regional
characteristics.
(Includes power generation focused on renewable energy, LNG/LPG
receiving terminals, nonferrous metals, life sciences, medical, andairports)

Domestic EPCPositioned as a stable revenue generator for JGC Group.
Through infrastructure* and other operations, contribute inJapan, which may be viewed as a pioneer in addressing issues
in advanced economies. Incubate new business.
*Energy/chemicals, life sciences, power generation, healthcare,maintenanceFunctional Materials
Manufacturing

Expand business through new product development driven byenvironmental changes (5G, EV/HV, microplastic alternatives,etc.).

Environ-ment
Established the Sustainability Co-Creation
Department and act promptly in cultivating
business that applies technologies in which JGC
has involved in the development.

Broadly target projects in our main segment of oil, natural gas,and petrochemicals, focusing in particular on natural gas andLNG projects with a lighter environmental footprint.

Total Engineering

Overseas Oil & Gas

New Group Management Under a Holding Company Structure: 2nd Quarter Financial Results for Fiscal 20193

New Group Management Under a Holding Company Structure

Moving to a holding company structure has provided
a corporate structure that can respond swiftly tofuture environmental changes.

Constantly pursuing an optimalbusiness portfolio and seeking
sustained growth

New Group Management Under a Holding Company Structure: 2nd Quarter Financial Results for Fiscal 20194

Note on Future Outlook
This presentation may contain forward-looking statements about JGC Holdings Corporation. You canidentify these statements by the fact that they do not relate strictly to historic or current facts. Thesestatements discuss future expectations, identify strategies, contain projections of results of operations
or financial conditions or state other “forward-looking” information.
These statements are based on currently available information and represent the beliefs of themanagement of JGC Holdings Corporation. These statements are subject to numerous risks anduncertainties that could cause JGC’s actual results, performance, achievements or financial condition
to differ materially from those described or implied in the forward-looking statements.
JGC Holdings Corporation assumes no obligation to publicly update any forward-looking statements
after the date of this presentation. These potential risks and uncertainties include, but are not limited
to: competition within the financial services industries in Japan and overseas, our ability to adjust ourbusiness focus and to maintain profitable strategic alliances, volatile and sudden movements in theinternational securities markets, and foreign exchange and global economic situations affecting JGCHoldings Corporation.

For questions concerning this material, please contact:JGC Holdings Corporation
Group Management Development Department
Corporate Communication Group
Tel：81-45-682-8026 Fax：81-45-682-1112
E-mail: ir@jgc.com
New Group Management Under a Holding Company Structure: 2nd Quarter Financial Results for Fiscal 2019