LRQA Independent Assurance Statement

Relating to Toyota Tsusho Corporation’s Social Data within its Integrated
Report 2024 for the Fiscal Year 2023
This Assurance Statement has been prepared for Toyota Tsusho Corporation in accordance with our contract.

Terms of Engagement
LRQA Limited (“LRQA”) was commissioned by Toyota Tsusho Corporation (“the Company” abbreviated) to provide
independent assurance on its social data within the Integrated Report 2024 for the fiscal year 2023 (from 01/04/2023
to 31/3/2024) (“the report”) against the assurance criteria below to a “level of assurance and materiality” using “ISAE
3000 (Revised)”.
Our assurance engagement covered the Company’s operations and activities relating the Company and its
consolidated subsidiaries in Japan and overseas 1 and specifically the following requirements:• Verifying conformance with the Company’s reporting methodologies for the selected datasets:• Evaluating the accuracy and reliability of data for only the selected indicators listed below:ooNumber of industrial accidents
Lost time injury frequency rate

Our assurance engagement excluded the data and information of the Company’s suppliers, contractors and any
third-parties mentioned in the report.
LRQA’s responsibility is only to the Company. LRQA disclaims any liability or responsibility to others as explained in
the end footnote. The Company’s responsibility is for collecting, aggregating, analysing and presenting all the dataand information within the Report and for maintaining effective internal controls over the systems from which thereport is derived. Ultimately, the report has been approved by, and remains the responsibility of the Company.

LRQA’s Opinion
Based on LRQA’s approach nothing has come to our attention that would cause us to believe that the Company has
not, in all material respects:• Met the requirements of the criteria listed above• Disclosed accurate and reliable environmental and social data
The opinion expressed is formed on the basis of a limited level of assurance2 and at the materiality of the professional
judgement of the verifier.

LRQA’s Approach
LRQA’s assurance engagements are carried out in accordance with ISAE 3000 (Revised). The following tasks were
undertaken as part of the evidence gathering process for this assurance engagement:• Auditing the Company’s data management systems to confirm that there were no significant errors, omissions
or misstatements in the report. We did this by reviewing the effectiveness of data handling procedures,instructions and systems, including those for internal verification.
• Interviewing with those key people responsible for compiling the data and drafting the report.
• Sampling datasets and traced activity data back to aggregated levels;
1

Number of industrial accidents and Lost time injury frequency rate cover Toyota Tsusho Corporation, its consolidated subsidiaries in Japan andoverseas subsidiaries (more than 50% ownership).

2

The extent of evidence-gathering for a limited assurance engagement is less than for a reasonable assurance engagement. Limited assurance
engagements focus on aggregated data rather than physically checking source data at sites. Consequently, the level of assurance obtained in alimited assurance engagement is lower than the assurance that would have been obtained had a reasonable assurance engagement beenperformed.
Page 1 of 2••Verifying the historical environmental and social data and records for the fiscal year 2023; andConducting the remote verification to TOYOTA METAL CO., LTD. for confirming the effectiveness of its datamanagement systems via emails, telephone, and zoom.

Observations
The process of collecting and aggregating reported values is expected to improve accuracy and comprehensivenessthrough the establishment of data checking system at sites.

LRQA’s Standards, Competence and Independence
LRQA implements and maintains a comprehensive management system that meets accreditation requirements for
ISO 14065 Greenhouse gases – Requirements for greenhouse gas validation and verification bodies for use inaccreditation or other forms of recognition and ISO/IEC 17021-1 Conformity assessment – Requirements for bodies
providing audit and certification of management systems – Part1: Requirements that are at least as demanding as therequirements of the International Standard on Quality Control 1 and comply with the Code of Ethics for Professional
Accountants issued by the International Ethics Standards Board for Accountants.
LRQA ensures the selection of appropriately qualified individuals based on their qualifications, training andexperience. The outcome of all verification and certification assessments is then internally reviewed by senior
management to ensure that the approach applied is rigorous and transparent.
LRQA is the Company’s certification body for ISO 14001. The verification and certification assessments are the only
work undertaken by LRQA for the Company and as such does not compromise our independence or impartiality.
SignedDated: 16 June 2024

Ichiro Ueno
LRQA Lead Verifier
On behalf of LRQA Limited
10th Floor, Queen's Tower A, 2-3-1 Minatomirai, Nishi-ku, Yokohama, JAPANLRQA reference: YKA4005591

LRQA, its affiliates and subsidiaries, and their respective officers, employees or agents are, individually and collectively, referred to in this clauseas 'LRQA'. LRQA assumes no responsibility and shall not be liable to any person for any loss, damage or expense caused by reliance on theinformation or advice in this document or howsoever provided, unless that person has signed a contract with the relevant LRQA entity for theprovision of this information or advice and in that case any responsibility or liability is exclusively on the terms and conditions set out in thatcontract.
The English version of this Assurance Statement is the only valid version. LRQA assumes no responsibility for versions translated into otherlanguages.
This Assurance Statement is only valid when published with the report to which it refers. It may only be reproduced in its entirety.
Copyright © LRQA, 2024.

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