Declaration of Partnership Building
We hereby declare that in order to build partnerships through cooperation, coexistence and coprosperity
with our supply chain partners and value-creating businesses, we focus on the following
matter listed below.
1. Coexistence and co-prosperity throughout our supply chain and new collaborations thattranscend business size, affiliation, etc.
We work to increase value-added creation throughout our supply chain by encouraging our direct business
partners to collaborate with their own business partners (from “Tier N” to “Tier N+1”). We also work to build
mutually prosperous partnerships through collaboration that goes beyond existing business relationships,
company size, etc. In doing so, we provide partners with advice and other support, including helping themto introduce teleworking and other workstyle reforms and to formulate business continuity plans forresponding to disasters and other emergencies.
Details- Collaboration between companies
We support the implementation of appropriate business practices by sharing guidelines for fair andequitable transactions with our suppliers.
- IT implementation support
We help business partners improve their operational efficiency by introducing e-commerce services thatcan be mutually implemented.
- Green initiatives
We contribute to a more sustainable society by promoting "harmonious coexistence of cities and nature,""decarbonized cities," and "resource recycling" with suppliers through urban development which isidealized as Vertical Garden City, and its operation.
- Health management initiatives
We support health and productivity management and share our insights with suppliers and otherstakeholders.
2. Compliance with Promotion Standards
We comply with best trade practices between large procuring enterprises and subcontractors (“PromotionStandards” based on Japan's Act on the Promotion of Subcontracting Small and Mediumsized Enterprises),
including by correcting trade practices or commercial customs that hinder our partnerships.
1) Pricing
We do not demand unreasonably low prices. When determining transaction prices, we respond tosubcontractor requests to discuss matters such as increased labor costs to ensure that prices include
appropriate margins for subcontractors. When contracting including determining transaction prices, weaddress and specify relevant terms and conditions in writing when serving as the parent enterprise.
2) Payment terms
We pay subcontracting fees in cash.
3) Intellectual property and knowhow
We do not take unfair advantage of our commercial position to seek disclosure of our partner's knowhow
or demand transfer of their intellectual property rights without compensation.
4) Consideration for workstyle reforms
We do not submit orders with short delivery times or change specifications on short notice withoutcompensating for appropriate costs to enable subcontractors to adjust their work processes. In the eventof a disaster or other emergency, we do not impose unilateral transactional burdens on subcontractors,
and upon the resumption of business we strive to continue existing business relationships as much aspossible.
3. Others (optional)
The Mori Building Group Sustainable Procurement Guideline provides for fair and equitable transactions
and our contribution to the realization of a sustainable society. The group will promote awareness andapplication of the Guidelines among its suppliers in an effort to implement sustainable procurement
throughout the supply chain.

June 6, 2023
Hiroo Mori
President and CEO
Mori Hospitality Corporation