July 5th, 2023
KYB Corporation

Modern Slavery Act Transparency Statement for Fiscal Year 2022
This statement is to set out the steps taken to prevent slavery and human trafficking in the business andsupply chains of KYB Corporation (hereinafter the "Company") together with its subsidiaries (hereinafterthe "KYB Group," which includes the Company) for the fiscal year 2022 under Article 54, Part 6 of theModern Slavery Act 2015 enforced in the U.K.
1. Summary of Our Business, Structure and Supply Chains
1) Summary of Our Business
The KYB Group’s core business is built around the manufacture and sale of automobile parts (including
shock absorbers for automobiles and motorcycles) and hydraulic equipment (including for industrial use,automobiles and aircraft, special-purpose vehicles and others).
2) Structure of the Company
The KYB Group engages in business in Japan as well as in 23 overseas countries (with 11 companiesincorporated in Japan and 31 companies incorporated overseas). The Company has a sales office in theU.K. (KYBUK), which sells the products of the KYB Group.
3) Supply Chains
The KYB Group procure raw materials and parts from various suppliers from Japan and overseas.

2. Relevant Corporate Policies of KYB GroupThe KYB Group is opposed to slavery and human trafficking in its own business and its supply chains asa whole. The KYB Group fulfills its social responsibility by promoting CSR activities such as theestablishment of comprehensive corporate ethics including legal compliance as well as setting up
Corporate Guiding Principles and Supply Basic Policy with specific contents aimed at forbidding childand forced labor and the use of conflict minerals.
For more information on these policies see:(Corporate Guiding Principles) https://www.kyb.co.jp/english/company/csr.html(Supply Basic Policy) https://www.kyb.co.jp/english/company/supply_information.html
3. Efforts of KYB Group in FY 2022
The Company established the CSR Division (current CSR & Safety Control Division) in FY 2017 andhas been working to promote CSR extensively and professionally. KYB Group has strictly stipulated theprohibition of violation of human rights as well as forced and child labor in our Corporate Guiding
Principles.
1) Awareness Building Activities
As for KYB Group’s activities, we have implemented the education regarding our Corporate GuidingPrinciples which holds out our respect for Human Rights and fulfilling the social responsibility
toward the supply chain by using educational materials with illustrations and such for easierunderstanding in Compliance Enhancement Month held in every October.
In addition, We have provided education to our 580 Tier suppliers in Japan to inform our Group's stanceon human rights and the basics of the UK Modern Slavery Act.
Furthermore, regarding the result from our inspection activities conducted last fiscal year, we have
implemented the additional education to the suppliers which does not specify their correspondence toModern Slavery to their internal rule and advised them to introduce the internal rules. We will continue topromote these enhancement educations.
2) Efforts to Our Supply Chains
Regarding prohibiting the use of conflict minerals, every year we ask our suppliers for their cooperation
with taking a survey on the purchase of 3TG (tantalum, tungsten, tin and gold) from smelters in the
Democratic Republic of the Congo (DRC) and nine surrounding countries, using a questionnaire
published by the Responsible Minerals Initiative (RMI).
3) Contact Point for Whistle-blowing
In order to prevent, swiftly detect, and correct any wrongdoing, all employees, directors and officers inJapan and overseas can use our established internal and external whistle-blowing systems. Furthermore,
the internal whistle-blowing system is open to employees etc. of our trading partners (includingcontractors and subcontractors) for reporting on organizational or personal violations of laws andregulations.
4. Our Future Steps
We will carry on with our awareness-raising activities for group companies and their suppliers on
prohibiting human rights violations and slavery. We believe that respecting the fundamental human rights
of all people is an important element for our business and will strive to prevent slavery and humantrafficking.

This Statement has been approved by the Board of Directors as of July 5th 2023.

July 5th. 2023

Masahiro Kawase
Representative Director, and President, COO