Environmental and Social Activities Performance Data
Independent Verification Report

To: Tokuyama Corporation
June 13, 2024
Japan Audit and Certification Organization
for Environment and Quality (JACO)
2-2-19 Akasaka Minato-ku, Tokyo, Japan

President

Hiroyuki Onodera

Japan Audit and Certification Organization for Environment and Quality (JACO) has been
engaged by Tokuyama Corporation including its domestic and overseas consolidated production
subsidiaries (hereinafter referred to as “the Organization”) to conduct independent verification of its
environmental and social activities information under the responsibility of the Organization. The aimof this verification is to consider the accuracy of environmental data and to provide a verification
opinion.
Verification was conducted as limited assurance according to the procedure agreed with theOrganization based on JACO verification standards in accordance with International Assurance
Business Standard (ISAE) 3000. The procedures performed in a limited assurance engagement
vary in nature and timing from, and are less in extent than for, a reasonable assurance engagement.
Consequently, the level of assurance obtained in a limited assurance engagement is substantiallylower than the assurance that would have been obtained had a reasonable assurance engagement
been performed.

Summary of verification
With regard to the following Environmental Performance Data for the fiscal year 2023 (April 1,2023 to March 31, 2024), verification was conducted.
Verification scope

Sampling sites

The Environmental Performance Data ofbusiness activities in the Organization’s
36 manufacturing sites (8 sites ofconsolidatedoverseasproductionsubsidiaries) as of March 31, 2024:

Sites visited: 1 sites
Verification was conducted based on confirmation ofrelated documents formulated, interviews with orinquiries to the responsible persons and persons incharge, confirmation of the method of obtaining data,and comparison between the reported data and its
supporting documented information (evidence).

•••••

Energy consumption
Water (withdrawal amount)
Waste generated
SOx emissions
NOx emissions

Data sampling sites: 7 sites
Verification was conducted based on comparison
between the reported data and its supporting
documented information (evidence).

With regard to the following Social Activities Performance Data, verification was conducted.
Verification scope

Calculation period / dateScope• Fatalities• Occupational accidents• Frequency rate of losttime accidents• Percentage of womenamong all managers• Ratio of wages between
men and women• Average Age• Average Years of Service• Employment rate ofpeople with disabilities

Apr 1, 2023-Mar 31, 2024
Apr 1, 2023-Mar 31, 2024
Apr 1, 2023-Mar 31, 2024

Tokuyama & production subsidiaries
Tokuyama & production subsidiaries
Tokuyama & subsidiaries

Mar 31, 2024

Tokuyama & subsidiaries

Mar 31, 2024

Tokuyama & domestic subsidiaries

Mar 31, 2024
Mar 31, 2024
Mar 31, 2024

Tokuyama & subsidiaries
Tokuyama & subsidiaries
Tokuyama• Number of employees
taking childcare leave• Number of employees
taking family care leave

Apr1,2023 - Mar 31, 2024

Tokuyama & domestic subsidiaries

Apr1,2023 - Mar 31, 2024

Tokuyama & domestic subsidiaries

Conclusion
Based on the procedures we have performed and evidence we have obtained, nothing has cometo our attention that causes us to believe that the Organization’s Environmental and Social Activities
Performance Data is not prepared, in all material respects, in accordance with the methodology
implemented by the Organization.
Verified Environmental Data:• Energy consumption: 55,325 TJ• Water (withdrawal amount): 586,966 km3• Waste generated: 397,323 t• SOx emissions: 602 t• NOx emissions: 8,526 t
Verified Social Activities Data:
Tokuyama

0 person

Manufacturing subsidiaries in Japan

0 person

Manufacturing subsidiaries outside Japan

0 person

Total

0 personTokuyama

2 caseManufacturing subsidiaries in Japan
Manufacturing subsidiaries outside Japan

TokuyamaMen

17.6 years

Women

12.3 years

Average

16.9 years

Fatalities

Occupational
accidents

Total

Subsidiaries in Japan(permanent staff only)

Subsidiaries outside Japan(permanent staff only)

8.5 years

4 caseAverage

12.4 years

2 caseMen

8.7 years

Women

6.1 years

Average

8.2 years

Subsidiaries outside
Japan(permanent staff only)

0.43

Employment rateof people with Tokuyama
disabilities

0.80

Percentage ofNon-consolidated (permanent staff only)
women among all
Consolidated (permanent staff only)
managers
Ratio of wages Non-consolidated
between men
Consolidated(in Japan)
and women

Average age

13.3 years

8 caseFrequency rate of Tokuyama
lost time
Consolidated
accidents

Tokuyama

MenWomen

Average years of Subsidiaries in Japan
service(permanent staff only)

2.7 %
8.2 %

Number ofemployees taking
childcare leave

69.2 %
55.3 %

Men

41.5 years old

Women

40.0 years old

Average41.3 years oldMen

43.1 years old

Women

41.5 years old

Average42.8 years oldMen

39.2 years old

Women

38.6 years old

Average

39.0 years old

Number ofemployees taking
family care leave

2.29 %
Men

41 person

Women

8 personTokuyamaMen

12 person

Women

21 person

Subsidiaries in Japan
Men0 person

Women

0 person

Men0 person

Women0 personTokuyama

Subsidiaries in Japan

Independence and Quality Control
We have complied with the independence and other ethical requirements of the Code of Ethics
for Professional Accountants issued by the International Ethics Standards Board for Accountants,
which is founded on fundamental principles of integrity, objectivity, professional competence anddue care, confidentiality and professional behavior. JACO applies International Standard on Quality
Control 1 and accordingly maintains a comprehensive system of quality control including
documented policies and procedures regarding compliance with ethical requirements, professional
standards and applicable regulatory requirements.
The Organization and JACO verification team did not have any specific conflicts of interest and carried out theverification on an independent basis.

2