Marubeni Green Bond Reporting-for the USD denominated unsecured bond in 2021-

June 28, 2022

Marubeni CorporationEligible Category for the use of proceeds
Eligible Category

Eligible Criteria

Marubeni‘s
Green BondIssued in 2021

Environmental Objective

Renewable energy

Renewable Energy

Environmentally Sustainable
Management of Living Natural
Resources and Land Use⚫ Investment in or expenditures related to development, construction,management, and/or operation & maintenance from renewable energy withdirect emissions of less than 100g-CO2 / kWh including:◦Solar energy ◦Wind energy ◦Geothermal energy◦Biomass energy (runs exclusively on wood pellets produced from externallycertified wood and chip)◦Small scale hydro energy (Maximum of 25 MW in installed capacity)

Externally certified afforestation⚫ Investment in or expenditures related to tree planting, management, operation& maintenance, research & development from FSC/PEFC certified afforestation⚫ Climate change mitigation(Reduction of greenhousegas emissions)⚫ Natural resource
conservation⚫ Climate change mitigation

Water supply and sewage
Sustainable Water andWastewater Management⚫ Investment in or expenditures related to development, construction,
management, and/or operation & maintenance from water supply and sewage
business including:◦Water Supply-Related Facilities ◦Sewerage Management Related Facilities◦ Facility/Equipment ◦Pipes

Pollution prevention andcontrol

Magnesium refining⚫ Investment to or expenditures related to research & development and capital
investment from magnesium refining business⚫ Pollution prevention andcontrol⚫ Natural resource
conservation⚫ Climate change mitigation(Reduction of greenhousegas emissions)⚫ Natural resource
conservation

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Marubeni‘sGreen Bond

Allocation & Impact Report
Allocation of Proceeds$ 500.0 milIssued in 2021Proceeds from the Green Bond(in Sep 2021)$ 500.0 mil$ 228.8 mil$ 186.6 mil$ 84.7 mil

Renewable Energy

Externally certified
afforestation

Water supply and sewage

Power generation capacity

721.4 MW

Planting area

93.2 thousand ha

Water management capacity

100,487,576 m3

Environmental impact such as theachieved reduction in CO2 emissions

724,180.0 t-CO2

Note: Along with a re-allocation of the proceeds in March 2024, each impact figure related to eligible assets has been updated.
(*the previous impact report was released on June 28, 2022)

3External Review

Marubeni‘sGreen Bond
Issued in 2021

Marubeni has obtained an annual review from Sustainalytics to provide assurance as to the amount of net proceeds thathas been allocated in compliance with the eligibility criteria set forth in the Framework.
Please refer to the following URLs for the details:https://marubeni.disclosure.site/en/sustainability/pdf/greenbond/greenbond_annual_review_en.pdf

Remarks※ Eligible Category
Marubeni has determined Eligible Category in the Green Bond Framework in alignment with the Green Bond Principles
2021 as administered by the International Capital Market Association (ICMA). As a side note, Marubeni has obtained
Second Party Opinion for the Green Bond Framework from Sustainalytics.
※ Status of allocation of proceeds
Marubeni allocated an amount equal to the net proceeds from the issuance of the Green Bond to Eligible Projects.
※ Process for Project Evaluation and Selection
Marubeni’s Finance Department and Sustainability Management Department cooperated and decided on Eligible Projects
to which the net proceeds from the issuance of the Green Bond were allocated, in alignment with the eligible criteria.

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