The OSAKI Group Materiality Goals
May 27, 2022
Osaki Electric Co., Ltd.

The OSAKI Group recognizes that responding to challenges againstsustainability is one of its most important management issues that not
only threatens corporate identity, but also expands profit opportunities.
We set materiality goals to prioritize our challenges in providing
solutions to social issues related to energy through our operations, andcontinue to be an active member of sustainable society.

The OSAKI Group Materiality Goals
1. Minimizing Environmental Impact
2. Contributing to sustainable cities and communities3. Respect for Human Rights
4. Creating a diversified workplace and fosteringsocial issue-solving culture
5. Strengthening corporate governance
Copyright (C) 2022 OSAKI ELECTRIC CO., LTD. All Rights Reserved

1Materiality Goals
1. Minimizing environmental impact
Material Issues

Social Issues

SDGs Goals

Scope

2030 Goals

Mid-term plan growth strategy: Developing value-added smart meters and expanding energy solutions

Efficient use ofenregyGroupefficient and stable supply of various

Contribution by smart meterstypes of energy such as renewable
Improving energy

1. Minimizing Environmental Impact

Provide smart meters contribute to anefficiency

Groupenergy or carbon neutral fuels

Provide decarobonization solutions toCut down GHG

OSAKIemission

Electric

Actively form

OSAKI

Develope a new service forpartnerships

Electric

decarbolization with partners

transform buildings and factories into
eco-friendly facilities

Provision of decarbolization
solutionsImproving energy
efficiency

Group>Develop Smart meters contributing to
Research and development

Develop sustainableinfrastructure

an efficient and stable supply ofGroupvariou types of energy>Develop decarbonization solutions
for greener effects

Develop greentecnnologies

GroupCopyright (C) 2022 OSAKI ELECTRIC CO., LTD. All Rights Reserved2Materiality Goals
1. Minimizing environmental impact
1. Minimizing Environmental Impact

2030 Goals
ScopeSDGs Goals
Social Issues
Material Issues
Mid-term plan growth strategy: Developing value-added smart meters and expanding energy solutions

Cut donw GHGemission

Cutting GHG emission atGroup

Using renewable

OSAKI

energyElectric

Cut GHG emission by 46%(compared to FY2013)

More than 99.5% recycle at theSaitama R&D and ManufacturingOSAKI
Efficient consumption

OSAKIof natural resources

Electric

Improving water quality

CenterOSAKI

Control water quality throughElectric

operations for greener effects

Copyright (C) 2022 OSAKI ELECTRIC CO., LTD. All Rights Reserved

3Materiality Goals
2. Contributing to sustainable cities and communities
Material Issues

Social Issues

SDGs Goals

Scope

2030 Goals

Mid-term plan growth strategy: Developing value-added smart meters and expanding energy solutions /2. Contributing to sustainable cities and communities

Developing new products and services / Expanding Global Business
Ensure access for basic
infrastructure services inGroupurban areasDeveloping value-

Build resilient cities againg

added smart meters

natural disasters

Realize sustainable cities

Contribute to building efficient andGroupmeters
Group
Provide facility maintenance services toProvision of smart
building systems for

Realize sustainable cities

OSAKI

support cities respond to a decrease inElectric

work population and maintaining living

operational efficiency

properties

Realize sustainable cities

Partnerships

resilient power infrastructure by smart

Actively form partnerships

OSAKI
ElectricOSAKICreate new businesses andElectric

technologies with partners

Develop sustainable

OSAKI

infrastructure

ElectricCopyright (C) 2022 OSAKI ELECTRIC CO., LTD. All Rights Reserved

4Materiality Goals
2. Contributing to sustainable cities and communities
3. Respect for human rights
Social Issues

SDGs Goals

Scope2030 Goals

Mid-term plan growth strategy: Developing value-added smart meters and expanding energy solutions /Developing new products and services / Expanding Global Business
Build sustainable power
infrastructure globally

EDMI Group

Contribute to building a stable andBuilding global energy
infrastructure

efficient power infrastructure

Ensure access for resilient
infrastrucure with a focus onprotecting the poor and people

worldwide by providing smart meters
EDMI Group

in vulnerable situations
Mid-term plan growth strategy: Building resilient group operations (Managing group risks)
Abolish discrimatory laws,
regulations, policies, andGrouppractices

Build a framework to prevent any actRights

3. Respect for Humansustainable cities and2. Contributing toMaterial Goals

Eradicaiton of forced labor andchild laborGroupor practice that violates human rights
in the OSAKI Group and its supply
chain

Ensure gender equality

Group

Copyright (C) 2022 OSAKI ELECTRIC CO., LTD. All Rights Reserved5Materiality Goals
4. Creating diversified workplace
Material Issues

Social Issues

SDGs Goals

Scope

2030 Goals

Mid-term plan growth strategy: Building resilient group operations (Building strong teams)>Provide a work environment andRespect differencesin Japanregulations to ensure that every
employee is accepted, safe and4. Creating Diversified Workplace

Providing diversifiedworkplace

Provide rewarding work
experience

Ensure gender equality

in JapanOSAKIElectric

well motivated at work
>Keep a no-accident workplace>More than one member of female
Board of Directors>30% or more female employees>Reinforce human resource

Build strong teams

OSAKI

development to build a flexive andElectric

creative organization in responding
to changes in society

Building strong teams>Provide SDGs educational programs
Provide high-quality

OSAKI

and certificates unique to OSAKI

education to all

Electric(All employes are to be certified inthe programs)

Provide rewarding work

OSAKI

Provide healthy work environment, bothexperience

Electric

physically and mentally

Promoting healthmanagement
Ensure healthy work life

OSAKI
Electric>100% secondary medical check-uprate>0% smoking rate

Copyright (C) 2022 OSAKI ELECTRIC CO., LTD. All Rights Reserved

6Materiality Goals
5. Strengthening corporate governanceMaterial Issues

Social Issues

SDGs Goals

Scope2030 Goals

5. Strengthening corporate governanceMid-term plan growth strategy: Building resilient group operations (Strengthen risk management)
Strengthen corporate

Strengthen governancegovernanceframwork

Strengthen risk

Strengthen governancemanagement

framwork

Promote fair policyGroupGroup

Continue to strengthen corporate
governance

Ensure risk management

Group>Ensure compliance

Enhance compliance>Aim for a zero-occurance of compliance
Abolish discrimatory laws,
regulations, policies, andcaseGrouppractices

Copyright (C) 2022 OSAKI ELECTRIC CO., LTD. All Rights Reserved7