Medium-Term Strategy ofEnvironmental & Social Solutions BusinessMay 30 & June 9, 2022

Hiroshi Nagao, Senior Vice President
NEC Networks & System Integration Corporation(TSE: 1973, NESIC)© NEC Networks & System Integration Corporation 2022

Self Introduction

Hiroshi Nagao
Senior Vice President and Executive General Manager,
Environmental & Social Solutions Business Unit

Career summary⚫ Joins the Company in 1982
Engages in construction, design, maintenance and operation in Japan⚫ 2013 General Manager, Nishinihon Systems Division⚫ 2016 Assistant Senior Vice President⚫ Assumed his current position in 20201© NEC Networks & System Integration Corporation 2022

Overview of Environmental & Social Solutions (ESS) Business
Operating businesses ranging from design and systems integration to
support for social public infrastructure in Japan and beyond
Main services⚫ Networks (construction and maintenance)⚫ Safety (disaster prevention and disasterresponse)⚫ Energy solutions⚫ Smart buildings

Main customers
Fire and disasterprevention

Electric power
and new common
carrier (NCC)

Governments

CATV

Local governments

General companies⚫ One of Japan's largest resources for nationwide resources for⚫ Nationwide support service system⚫ Three divisions area management system to cover entire Japan© NEC Networks & System Integration Corporation 2022

Recent topics⚫ Comprehensive collaborationagreements signed with a local
government seeking zero carbon (May2022)

Business strengths and characteristics

2Relationship with the SDGs

construction⚫ Power consumption of container-type
data centers cut by 43% with liquid
cooling of servers (Mar. 2022)⚫ Full-scale launch of urban
development-related services basedon digital technologies and local
strengths (Jul. 2021)

Basic Strategy on Environmental & Social Solutions
Stay close to local communities, work with customers andenhance practical and highly efficient DX services<2024 Vision>
An area ICT orchestrator that serves regional markets in Japan and overseas

Urban development
DX x Beyond 5G1

2
Promote digital town business

3© NEC Networks & System Integration Corporation 2022

Step up actions
towards a green society

3

Shift to advanced construction
and maintenance platforms

Growth Strategy
2030 Vision

A business operator for creating and developing safe and secure communities where people want to continue
living, harnessing strengths in engineering and support, while serving local communities in harmony with therecycling society in Japan and abroad✓ Earn confidence through engineering<Retain the trust of local communities>✓ Cordial support<Stay in harmony with local communities>✓ Provision of value to society✓ Develop an organization where employees
can take initiative

43

２
1

Establish companywide
common platforms for theconstruction and maintenancebusiness

DX x Beyond 5G

4⚫ Carry out business operation for co-creation ofsociety
Digital solutions and operation for communities⚫ Secure a leading position in Japan among
general system integrators in the area ofcommunications infrastructure construction andmaintenance⚫ Promote digital town business⚫ Actions towards a green society⚫ Shift to advanced construction andmaintenance platforms⚫ Cultivate and expand regional markets in Japan

2019

Communitydevelopment

2021© NEC Networks & System Integration Corporation 2022

Innovate business models
and achieve growth

2024

2027

Realize the 2030 Vision⚫ Establish a solid position as a business operator⚫ The only systems integrator to provide one-stop
services based on its strengths in construction andmaintenance2030

Key Strategy 1: Promote digital town business
Together with local customers, create smart communities
that are safe and secure and that are places where people want to keep living
Safety and security
Disaster prevention and mitigation(resilience to disasters)✓ Smart disaster prevention (e.g. myWorld and industrial
BI/AI) with diverse next-generation networks (e.g. L5G andLPWA)✓ Advanced disaster control measures using image AIBusiness
transformation(BX)
CorporateGreentransformationtransformation(CX)(GX)

Regional revitalization
Implement DX with regional operators✓ Co-create regional services with the use of next-generation
networks (e.g. L5G and LPWA)✓ Platforms for communities of regional inhabitants

Shift to advanced businessfoundations

Attain growth together withpartner companies

Decarbonization and renewable energy

Industrial development and businesscreation✓ Design of renewable energy and systems integration withPPA operators✓ Local production for local consumption and optimal
management for areas

Environmental considerations
5Value provided© NEC Networks & System Integration Corporation 2022

FY March 2025 business target

Net Sales ¥20Bn✓ Onshore fish farming business✓ Create businesses operated by special purpose companies(SPCs) that will lead to regional development

Economic circulation

Key Strategy 2: Step Up Actions towards Green SocietyContinue offering eco-friendly designs, products and services, make efforts on zero carbon andtackle climate change for stepping up actions for solving regional issues
Strengths

Demand market

Customer base

Design quality

Supply market

6

Step up solutions and services for power saving measures⚫ Liquid immersion-cooled data centers and smart buildings, streets and stadiums

Accelerate DX in building management and facilities
Coordinate an environmentally-friendly electricity-communication hybrid(Electrical equipment andtelecommunications)

Strengths inconstruction andsupport services

FY March 2025
business targetShift to smart site control with the use of renewable energy
and energy management systems (EMS)© NEC Networks & System Integration Corporation 2022

⚫ Follow the advanced model region for decarbonization developed by the Ministry of
the Environment, set up PPAs, PPSs and SPCs, and make capital participation

Strengthen the power managed services business

Net Sales¥20Bn.
Value provided
Greentransformation(GX)
Businesstransformation(BX)Key Strategy 3: Shift to Advanced Construction and Maintenance Platforms
Continue internal practice to evolve nationwide foundations to an advanced level.
Implement digital technologies supporting realization of growth strategies in society
to serve local communities.
AssetsIntroduce construction process innovation and DX to achieve
production innovation

Customer base

⚫ Use 3D solutions, AI-assisted judgments of risks, digital twins and AI/BI data analysis(approx. 4,000 companies)(Business evaluation)
Ranked 5th amongtelecommunications operators
in JapanA network of around
400 maintenancebases all over thecountry
7

Improve the QCDSEDesign quality

Strengthen regional priority businesses in East Japan, in the Tokyo
region and in West JapanFY March 2025
business targetNet Sales¥90Bn.

⚫ Step up actions for fire and disaster prevention, electric power and NCC, CATV androad projects from local and central governments.

Untiringly seek quality(by, for example, visualizing practical operations)
Create new services to expand the last mile market⚫ Reorganize the nationwide maintenance system to a three-tier structure
according to customers' needs

Introduced advanced maintenance assets and implement DX for
increasing revenue⚫ Innovation of operations on the assumption of putting AI first and digitalspaces* QCDSE stands for Quality, Cost, Delivery, Safety and the Environment.
© NEC Networks & System Integration Corporation 2022

Value provided
Greentransformation(GX)
Businesstransformation(BX)

Medium Range Targets of ESS
Net sales

Operating income

FY22/3-25/3

114.9

126

CAGR
+7%

FY22/3-25/3

CAGR
+23%

140
12.5

8.5

FY23/3(forecast)

FY25/3(target)(+16%)( ) shows theassumption figures
without loss byMyanmar project(103)

FY22/37.4%(9.0%)

9.9%

11.4% to sales

FY22/3

FY23/3(forecast)

FY25/3(target)※( )内はミャンマー損失の影響を除いた数値

8*FY22/3 figures are numbers for reference by rough reclassification. Audited figures will be disclosed.
FY23/3 forecasts and FY25/3 targets are as at May 2022.

© NEC Networks & System Integration Corporation 2022

16.0

https://www.nesic.co.jp/english/ir/

Cautionary Statement
Forecasts and targets of results mentioned in this document are future estimatesand are thus inclusive of risks and uncertain factors since they are not based on definitefacts. Please be aware that a variety of factors could cause actual results to differ
significantly from those projected. The major factors affecting actual results include theeconomic climate and social trends surrounding the business of this Company’s group,
consumer trends vis-a-vis systems and services provided by this Company’s group, aswell as pressure to lower prices and ability to cope with the market in response tointensified competition.
Factors affecting results are not limited to the ones mentioned above.
There will be some change in our business segment according to a refine in ourorganization in April 2022. The new segment figures shown in these slides are numbers
for reference by rough reclassification.

10© NEC Networks & System Integration Corporation 2022