June 23, 2023
Sumitomo Realty & Development Co., Ltd.
The Norinchukin Bank

Contributing to Sustainable Utilization of Forest Resources Available in Japan

Furniture made from timber produced in Shizuoka
Prefecture installed in a lounge in a large office complex—Donation ceremony in Hamamatsu City, Shizuoka, on June 22—

Sumitomo Realty & Development Co., Ltd. (Headquarters: Shinjuku-ku, Tokyo; President: Kojun
Nishima; hereinafter “Sumitomo Realty”) in collaboration with The Norinchukin Bank (Headquarters:Chiyoda-ku, Tokyo; President and Chief Executive Officer: Kazuto Oku) and Shizuoka Prefectural
Federation of Forest Owners’ Co-operative Association (Headquarters: Shizuoka City, Shizuoka;
Representative Director and Chairman: Takaji Nakaya), installed furniture made from timber
produced in Shizuoka Prefecture in an office lounge at Sumitomo Fudosan Tokyo Mita Garden
Tower in Minato-ku, Tokyo, opened in June 2023.
Sumitomo Realty has been practicing sustainable management of a forest it owns in Shizuoka
Prefecture, through final cutting and reforestation as well as maintenance of natural forest, while also
promoting community engagement and awareness-raising activities using forests.
Federations of forest owners’ co-operative associations and forest owners’ co-operative
associations around Japan and The Norinchukin Bank are pursuing initiatives to expand the use ofJapanese timber in order to contribute to the development of forests and forestry through diffusion ofwooden products made from Japanese timber. We support these initiatives and the project involving
the donation of furniture is but one aspect of activities designed to connect major cities with adjacentrural areas.
The furniture donated by The Norinchukin Bank was produced by XYL Co., Ltd. (Headquarters:
Hamamatsu City, Shizuoka Prefecture; Representative Director: Shintaro Atsumi), which plans,manufactures, and sells wooden products made from Japanese timber. XYL is committed tomaximizing the use of wood sourced in Japan. We hope that the office furniture made fromJapanese timber placed in a lounge in an office complex will enable office workers in the city center
to enjoy the soothing attributes inherent in wooden products while also creating opportunities forthem to reflect on forests and forestry.

Donation ceremony(From left: The Norinchukin Bankand Sumitomo Realty)

A lounge in Sumitomo FudosanTokyo Mita Garden Tower

The Forestry Development Department of Shizuoka Prefecture commented on the above initiative.
Comments of the Forestry Development Department of Shizuoka Prefecture
Shizuoka Prefecture aims to realize a sustainable society through symbiosis with forests and forthat purpose citizens are encouraged to protect, nurture, and utilize forests. The use of timber inbuildings and furniture is one way of utilizing forests and contributing to carbon neutrality. We
will be delighted if users of the lounge experience relaxation through their interaction withattractive wooden tables made from timber produced in Shizuoka Prefecture.

■Overview of the donation ceremony
Date and time: Thursday, June 22, 2023 at 2:00 p.m.
Headquarters of XYL Co., Ltd. (716-1 Terawaki-cho, Minami-ku, Hamamatsu City,Place:
Shizuoka Prefecture) https://www.xyl.jp/
Norio Sumitomo, Senior Manager, Investor Relations and ESG Section, Corporate
Attendees:Planning Department, Corporate Planning Division, Sumitomo Realty &Development Co., Ltd.
Keiji Okubo, Deputy Branch Manager, Nagoya Branch, The Norinchukin Bank
Shintaro Atsumi, Representative Director, XYL Co., Ltd.
Items donated: 38 tables for the lounge●Initiatives promoting utilization of Japanese timber produced in Shizuoka Prefecture
Sumitomo Realty’s initiatives
Transportof logs
1. Effective use of forest resources
We are promoting forest regeneration through final
Sumitomo Realty
cutting and reforestation when the trees are sufficiently
Sawmill
Forestmature for logging. Furthermore, we have established aUse ofForest
supply chain for construction materials used in ourtimberhousing business (Shinchiku Sokkurisan remodeling managementbusiness etc.).
2. Community engagement and awareness-raising activities
House constructedusing forestsby Sumitomo Realty■ Community engagement and regional revitalization
In cooperation with sawmills and wood-processing companies
based in Shizuoka Prefecture that handle wood sourced locally,
we are contributing to the revitalization of forestry and relatedindustries in the prefecture.
■ “Wood education” for children
We hosted a fun event creating opportunities for children inurban areas to think about forestry and the global environment(wood-related educational workshops, woodcraft novelty goods
workshops using Japanese timber and thinned wood, etc.) atAriake Garden, a commercial complex of Sumitomo Realty.
3. Forest resource regeneration
In accordance with the forest management plan that we haveestablished, we are promoting forest development with a view toWoodcraft workshop forbequeathing flourishing forests to coming generations. We arechildren
conducting forest maintenance on a regular basis to achieve forest
regeneration, protect biodiversity, and promote watershed conservation. We are also promoting
tree-planting by our employees.
The Norinchukin Bank’s initiatives
In cooperation with forest owners’ co-operative associations and other organizations, The
Norinchukin Bank is donating wood products in Shizuoka Prefecture as part of its activities toexpand the use of Japanese timber.
February 2022
In cooperation with Kakegawa Forest Owners’ Co-operative, 50,000 sets ofdisposable chopsticks were produced using scraps of FSC-certified cedar
produced in Kakegawa City. In order to support restaurants during theCOVID-19 pandemic, the Bank distributed the chopsticks via the chamberof commerce to restaurants that desired them.
February 2023
In cooperation with Kakegawa Forest Owners’ Co-operative, ten chairs, sixtables and partitions were manufactured using FSC-certified cypress
produced in Kakegawa City. The Bank donated these items to Kakegawa
City and they are used in a rest area at Kakegawa Station.