ADDENDUM N° 4
to the Host City Contract for the Games of the XXXII Olympiad in the year 2020 entered into by andbetween the City of Tokyo (the “City”), the Japanese Olympic Committee (the “NOC”) and theInternational Olympic Committee (the “IOC”) on 7 September 2013 and further modified by its
successive addenda n° 1, 2 and 3 (the “HCC 2020”).
WHEREAS, the City, the NOC and the IOC have entered into the HCC 2020 on 7 September 2013
following the election of Tokyo as Host City of the Games of the XXXII Olympiad (the “Games”) by the125th IOC Session in Buenos Aires on 7 September 2013 and the Tokyo Organising Committee of theOlympic and Paralympic Games (the “OCOG”) has adhered to the HCC 2020 and become a full party
thereto, pursuant to the terms of a joinder agreement entered into by and between the City, the NOC,
the IOC and the OCOG (together the “Parties”) on 6 August 2014;
WHEREAS, the HCC 2020 has been modified by the Parties pursuant to three addenda, namely:
1. Addendum n°1 dated 4 May 2017, pursuant to which the Technical Manuals referred to in theHCC 2020 have been replaced by the Host City Contract Operational Requirements – version
September 2015, subject to exceptions listed in such Addendum n°1;
2. Addendum n°2, dated 4 May 2017, pursuant to which §85 Confidentiality of the HCC 2020 hasbeen modified;
3. Addendum n°3, dated 20 March 2019; pursuant to which the Host City Contract Operational
Requirements – version September 2015 have been replaced by the Host City Contract
Operational Requirements – version December 2016, subject to exceptions listed in such
Addendum n°3;
WHEREAS, consistent with Tokyo’s candidature file, the Games were originally scheduled to take placebetween the 24 July 2020, date of the Opening Ceremony, and the 9 August 2020, date of the ClosingCeremony, and the Paralympic Games (as further described in §63 HCC 2020) were originallyscheduled to take place between 25 August 2020 and 6 September 2020 (collectively the “Initial GamesDates”);
WHEREAS, during the first quarter of the year 2020, an epidemic of Coronavirus disease (COVID-19)
spread throughout the world and was recognized as a pandemic by the World Health Organisation(“WHO”) on 11 March 2020;
WHEREAS, in response to the threat caused by the COVID-19 pandemic, many national governments,including the Japanese Government, have adopted wide-ranging measures (such as quarantine, travel
and immigration restrictions or confinement) to mitigate the risk of propagation of the disease;
WHEREAS, on 24 March 2020, in a call between the IOC President and the Japanese Prime Minister
Abe Shinzo, which was also attended by the Tokyo Governor Ms. Koike Yuriko and the President of theOCOG, Mr. Mori Yoshiro, a conclusion was reached by all parties involved that, based on the information
provided by the WHO on the evolution of the COVID-19 pandemic at the time: (a) it was not possible tohold the Games on the Initial Games Dates or during the remainder of 2020 for a number of reasons,including safeguarding the health of the athletes, everybody involved in the Games and the international
community; and (b) the Games should instead be held not later than summer 2021;
WHEREAS, during this call, the Prime Minister of Japan Mr. Abe Shinzo has declared and guaranteed
to the IOC the full support and commitment of the Japanese Government towards the successful stagingof the Games in the year 2021;
WHEREAS, the IOC President also reaffirmed the full commitment of the IOC to work with the City, theNOC and the OCOG as well as the Japanese Government to make the Games a success and confirmedthat the Games will keep the name Olympic and Paralympic Games Tokyo 2020;
WHEREAS, on 30 March 2020, the IOC, the International Paralympic Committee, the City, the OCOG
together with the Japanese Government, in consultation with International Federations, NationalOlympic Committees and other key Olympic stakeholders, confirmed that the Games would take placefrom 23 July 2021 (date of the Opening Ceremony) to 8 August 2021 (date of the Closing Ceremony)and the Paralympic Games would take place from 24 August 2021 to 5 September 2021 (collectivelythe “New Games Dates”);

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WHEREAS, on 16 April 2020, the IOC and the OCOG, by Joint Statement, agreed on the frameworkthat will govern preparations for the Relevant Events (as defined below), including: (a) to explore allopportunities to optimize and streamline the scope and service levels of the Games, and reduce thecosts that have been caused by the Relevant Events; and, (b) the IOC and the Japanese side, including
the OCOG, to continue to assess and discuss jointly about the respective impacts caused by theRelevant Events;
WHEREAS, the Parties wish to amend the HCC 2020 to reflect that the Games will be held on the NewGames Dates;
WHEREAS, the City and the NOC, also intend to confirm that their respective Candidature Undertakings(as defined in §7 HCC 2020) will apply to the Games and the Paralympic Games to be held on the New
Games Dates, including their planning, organising, financing and staging (the “Games on the NewGames Dates”);
WHEREAS, the inability to hold the Games on the Initial Games Dates and the holding of the Gameson the New Games Dates will collectively be referred to in this addendum as the “Relevant Events”;
andWHEREAS, building upon the work of the “Four-party Working Group” established in 2016 by the Tokyo
Metropolitan Government, the IOC, the OCOG and the Japanese Government to identify potential costsavings for the Games, the Parties intend to cooperate among them, with the Japanese Governmentand other Authorities and with Olympic Movement stakeholders to mitigate all financial consequencesof the Relevant Events, as further described in Article 6 of this addendum.
Today, therefore the Parties agree as follows:1.

References to the “Games”

All references to the “Games of the XXXII Olympiad in the year 2020” or to the “Games” contained inthe HCC 2020, the Host City Contract Operational Requirements – version December 2016 (subject toexceptions and amendments set forth in Addendum n°3), the City’s and the NOC’s Candidature
Undertakings and/or any other documents forming part of the HCC 2020, shall henceforth apply to theGames on the New Games Dates.
2.

Further adjustments to the timeframe of the HCC 2020

Any reference to a specific date after 30 March 2020 (in any case, an “Original Date”) contained in theHCC 2020, in the Host City Contract Operational Requirements – version December 2016 (subject toexceptions and amendments set forth in Addendum n°3), in the Parties’ Candidature Undertakings or in
any other documents forming part of the HCC 2020 will be deemed to be a reference to thecorresponding date that is as close as possible to one year after the Original Date. In particular, allreferences to the date of 31 December 2020 contained therein shall henceforth be understood asreferences to the date of 31 December 2021.
3.

Candidature Undertakings and other commitments3.1.

The City, the NOC and the OCOG shall take all necessary steps to ensure that the following
guarantees, contracts and other commitments are confirmed, extended or renewed, as applicableand subject to any modifications agreed between the IOC and the OCOG subsequent to theexecution of the HCC 2020, so that they all fully apply to the Games on the New Games Dates
under the same conditions as if the Games had been held on the Initial Games Dates:

3.2.

i.

all Candidature Undertakings, as defined in §7 HCC 2020; andii.

all the subsequent agreements concluded by the OCOG in furtherance of such Candidature
Undertakings.

The City and the NOC agree that by entering into this addendum they shall be deemed to haveextended or renewed, as applicable, all their Candidature Undertakings as may be necessary to
make such Candidature Undertakings fully applicable to the Games on the New Games Dates.

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3.3.

The Parties hereby confirm that the Broadcast Refund Agreement concluded between the IOC
and the OCOG on 24 February 2018 (the “BRA”), shall apply to all Contingency Events (as suchterm is defined in the BRA) in relation to the Games intended at the Initial Games Dates and tothe Games on the New Games Dates.

4.

Laws and regulations supporting the organisation of the GamesThe City, the NOC and the OCOG shall take all necessary measures, including by coordinating with theJapanese Government and other competent authorities as necessary, in order to ensure that any andall laws, regulations, decrees or other instruments adopted or contemplated in view of holding theGames on the Initial Games Dates, or required pursuant to the HCC 2020, are adopted, extended orrenewed as applicable and necessary in order to apply to the Games on the New Games Dates.
5.

Official identification of the Games

5.1.

The Games on the New Games Dates shall continue to be officially referred to as the “Games ofthe XXXII Olympiad” and their “CITY + YEAR” identification shall remain “Tokyo 2020”. Anyreference in the HCC 2020 to the “Games of the XXXII Olympiad in the year 2020" shall bedeemed replaced by "Games of the XXXII Olympiad", which will be interpreted as meaning the"Games of the XXXII Olympiad, Tokyo 2020, to be held in the year 2021".

5.2.

The City, the NOC and the OCOG shall take all measures necessary to ensure that effective legal
protection is and continues to be afforded to all Games Marks (as such term is defined in §42HCC 2020) in relation to the Games on the New Games Dates and in accordance with therequirements of the HCC 2020 including, where necessary, by extending or renewing any
registration of intellectual property rights to this effect.

6.

Games scope and financial impact of the Relevant Events

6.1.

The Parties agree that, while the Games on the New Games Dates shall have the same overall
scope (especially the same number of sports, disciplines and athletes) as the Games planned on
the Initial Games Dates, it is in their mutual interest and in the interest of the wider Olympic
Movement to take all appropriate measures agreed by the Parties in order to minimize the impactthat the Relevant Events will have on the overall costs of the Games.

6.2.

The Parties agree to cooperate in good faith towards the objectives set forth in Article 6.1 above
and to continue to assess and discuss jointly about the respective impacts caused by the Relevant
Events. Where appropriate, the Parties will apply the principles identified by the IOC in theFebruary 2018 report “Olympic Games: the New Norm” in order to achieve efficiencies in thedelivery by the City, the NOC and the OCOG of their obligations pursuant to the HCC 2020. To
this effect, the IOC and the OCOG agree to assess jointly whether the delivery of the Host City
Contract Operational Requirements 2016 (subject to the exceptions and amendments set forth in
the Addendum n°3), as agreed between the IOC and the OCOG in view of the Games being heldon the Initial Games Dates, can be modified, in particular by optimising and streamlining the scopeand service levels at the Games, in order to mitigate the overall costs of the Relevant Events, itbeing understood that any such modifications shall be subject to the IOC’s prior written approval.

6.3.

Each of the Parties shall be responsible for any additional cost that such Party may incur inconnection with the Relevant Events; it being understood that the Parties will continue to assessand discuss jointly, at the Joint Steering Committee, about the respective impacts caused by theRelevant Events (as outlined in Article 6.2 of this addendum). For clarity, the City, the NOC andthe OCOG expressly agree that §6 HCC 2020 shall not apply to the Relevant Events as describedin this addendum, including in case of any material adverse effects on their respective financial
obligations.

37.

Consultation between the Parties regarding a significant change in the overall scope ofthe Games on the New Games Dates

In the event of a significant change in the overall scope of the Games on the New Games Dates (suchas a significant change equivalent to the change of venue), the IOC shall make a decision on suchchange after prior consultation with the other Parties.
8.

Division of surplus

In light of the exceptional circumstances having led to the Relevant Events, the IOC shall relinquish its
twenty percent (20%) share of any surplus resulting from the celebration of the Games as contemplated
under §44 lit. (c) of the HCC 2020 (the “IOC Share”) to the benefit of the OCOG, under the condition
that such IOC Share is used by the OCOG for the general benefit of sport, youth and overall benefit of
the society in the City and in the Host Country, as may be determined by the OCOG in consultation with
the City and the NOC.
9.

Further confirmations

9.1.

Except for the modifications expressly agreed between the Parties pursuant to this addendum(and any further adjustments as may be agreed pursuant to Article 6.2 above), the HCC 2020,
the Host City Contract Operational Requirements – version December 2016 (subject to theexceptions and amendments set forth in the Addendum n°3), the Candidature Undertakings
and/or any other documents forming an integral part of the HCC 2020, shall continue to apply
between them, in full force and effect and without further modifications. Subject to the content of
the present addendum, the Parties hereby confirm the validity of the HCC 2020.

9.2.

The Parties hereby declare and confirm that this addendum is governed by Swiss law and that§87 of the HCC 2020 entitled “Governing Law and Resolution of Dispute; waiver of immunity” isapplicable to this addendum.

[signatures on next page]4

The Tokyo Organising Committee of the Olympic and Paralympic Games[Signature of Muto Toshiro]
Muto Toshiro
Chief Executive Officer

Date: 29 September 2020

The Japanese Olympic Committee[Signature of Fukui Tsuyoshi]
Fukui Tsuyoshi
Secretary General

Date: 29 September 2020

The City of Tokyo[Signature of Enyo Katsura]
Enyo Katsura
Deputy Director General, Bureau of Olympic and Paralympic Games Tokyo 2020 Preparation
Tokyo Metropolitan Government

Date: 30 September 2020

The International Olympic Committee[Signature of Christophe Dubi][Signature of Lana Haddad]

Christophe Dubi

Lana Haddad

Olympic Games Executive Director

Chief Operations Officer

Date: 7 October 20205