July 28, 2023
Sumitomo Mitsui Banking Corporation
Syndicated Transition Linked Loan for Kirin Holdings Company, Limited

Sumitomo Mitsui Banking Corporation (“SMBC”, President and CEO: Akihiro Fukutome) has signed anagreement of syndicated transition linked loan ("The Loan") with Kirin Holdings Company, Limited(“Kirin Holdings”, President & CEO: Yoshinori Isozaki). The loan is based on the Kirin Sustainable
Finance Framework (“The Framework”).
The objective of transition finance is to support companies that are making efforts to reduce greenhousegas emissions in accordance with the long-term transition strategy toward achieving carbon neutrality,
which is the goal of the Paris Agreement. Transition finance is also one of the concrete efforts to realize
the 2050 Carbon Neutrality Declaration of the Government of Japan.
Furthermore, The Loan aims to set sustainability performance targets (SPTs) that are consistent with theborrower's transition strategy, align loan conditions with the borrower's performance against SPTs, andmotivate the borrower to achieve SPTs. The Loan thereby promotes environmentally and sociallysustainable economic activities and economic growth, and financially supports the efforts of companies
that lead the realization of a decarbonized society.
【Outline of the loan】
Loan Execution
Arranger
Loan amount
Loan term
LenderSPTs

July 28, 2023
Sumitomo Mitsui Banking Corporation
67 billion yen
5 years: 30 billion yen, 7 years: 37 billion yen
Syndicate Group organized by the arranger
GHG emission reduction rate in Scope 1 and Scope 2 (Base year: FY 2019)*Multiple SPTs have been set over the loan period

Kirin Holdings sets the Kirin Group’s Environmental Vision 2050 as the guidepost for our long-term
environmental initiatives and is pursuing a target of net-zero emissions across our value chain by 2050 toaddress climate actions.
The Kirin Group’s business operations constitute a global value chain with a wide variety of GHG emission
sources. Kirin Holdings considers a phased transition to be a practical path to achieving net-zero emissions
across the entire value chain and has formulated a transition roadmap and begun actions based on theroadmap (from January 2022).
To take steps toward the transition from the area of finance, Kirin Holdings became the first Japanese foodand beverages company to establish a framework which complies with transition finance-related guidelines.
SMBC received a second party opinion from DNV Business Assurance for The Loan for its alignment withClimate Transition Finance Handbook 2020 published by The International Capital Market Association

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(ICMA), Japan Basic Guidelines on Climate Transition Finance published by Financial Services Agency,
Ministry of Economy, Trade and Industry, and Ministry of the Environment, Sustainability-Linked Loan
Principles 2022 published by Loan Market Association (LMA), Loan Syndications and Trading
Association (LSTA) and Asia Pacific Loan Market Association (APLMA), and Green Loan andSustainability-Linked Loan Guidelines 2022 published by Ministry of Environment.
Sumitomo Mitsui Banking Corporation will further contribute to achieving sustainable society by providing
solutions and engaging in dialogue for our clients’ sustainable management.
(Reference)
Kirin Holdings website:
https://www.kirinholdings.com/jp/
Kirin Group Environmental Vision 2050:
https://www.kirinholdings.com/en/impact/env/mission/
DNV Business Assurance, Japan website for details about the second party opinion:
https://webmagazine.dnv.co.jp/797[Contact Information]
Sustainable Solution Department
TEL: 03-4333-6964
This announcement is not intended as a recommendation to invest or solicit.

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