Established in March 2009
Revised in September 2021

Toyota Industries Group Sustainability Policy
We, Toyota Industries Corporation and our subsidiaries, contribute to the harmonious andsustainable development of society and the earth through all corporate activities that we carry out ineach country and region based on the Toyoda Precepts (Corporate Creed) and our Basic
Philosophy.
In order to contribute to sustainable development, we believe that management interacting with its
stakeholders is of considerable importance, and we endeavor to build and maintain soundrelationships with our stakeholders through open and fair communication.
We expect our business partners to support this policy and act in accordance with it.
[Compliance]

We comply with local, national, and international laws, regulations and rules as well as the spirit
thereof, and conduct our corporate activities with honesty and integrity. We also respect theculture and history of each country and region and maintain the highest ethical standards.
We do not violate any laws, including competition laws, anti-bribery laws, export control laws,
intellectual property protection laws, and data protection laws covering personal information.
[Respect for Human Rights]

Based on international standards including the International Bill of Human Rights andthe International Labour Organization’s Declaration on Fundamental Principles and Rights atWork, we respect the human rights of all people.
[Risk Management]We conduct thorough and organized risk management and prepare ourselves for threats to civil
life and corporate activities, such as terrorism, cyber-attacks, natural disasters, pandemics andsupply-chain risks.
[Role of Top Management]

Our management recognize that it is their role to realize the spirit of this policy, build effective
governance systems for the conduct of business, and strive to raise awareness of the policy’s
spirit within the corporation and the entire corporate group.
If a violation of this policy occurs, our management proactively take responsibility to respond to
the situation, including resolving the problem, investigating the causes, and preventing theproblem from recurring.

Relationship with Stakeholders<Customers>Based on our philosophy of “Customer First,” we develop and provide innovative, safe, andhigh-quality products and services that meet a wide variety of customers' demands to enrich thelives of people around the world.

<Employees>

We respect our employees and encourage personal growth for our employees under our belief
that the success of our corporate activities is led by nurturing each individual's character andabilities, and realization of the corporate group's full potential.
We support equal employment opportunities and diversity for our employees and strive toenhance our team strength.
We strive to provide fair working conditions and to maintain a safe and healthy working
environment for our employees.
Through communication and dialogue with our employees, we build and share the value of“Mutual Trust and Mutual-responsibility” and work together for the success of our employees
and the corporation.

<Business Partners>

We respect our suppliers, dealers, and other business partners, and work with them throughlong-term relationships to realize mutual growth based on mutual trust.
Whenever we seek a new business partner, we are open to any and all candidates, regardlessof nationality or size, and evaluate them based on their overall strengths.

<Shareholders>

We strive to enhance corporate value while achieving stable and long -term growth for thebenefit of our shareholders.
We provide our shareholders and investors with timely and fair disclosure on our corporate
information through open and constructive dialogue.

<Global Society/Local Communities>[Environment]
We aim for growth that is in harmony with the environment by seeking to minimize theenvironmental impact of our corporate activities, such as by working to reduce the effect of ourvehicles and operations on climate change and biodiversity. We strive to develop, establish, andpromote technologies enabling the environment and economy to coexist harmoniously, and tobuild close and cooperative relationships with a wide spectrum of individuals and organizations
involved in environmental preservation.
[Community]

We operate our business so as to earn the trust of respective communities by honoring thecultures, customs, histories, and laws of each country.
 We constantly search for safer, cleaner, and superior technologies that meet the evolving needsof society.
[Social Engagement and Contribution to Development]

Wherever we do business, we actively engage in community involvement activities andcontribute to community development, both individually and with partners for mutual prosperity
with local communities.

Akira Onishi
President
TOYOTA INDUSTRIES CORPORATION