FOR IMMEDIATE RELEASE:

June 7th, 2023

Imperial Hotel, Tokyo and Imperial Hotel, Osaka
to Install CO2-free Electricity from October 2023
Switching all electricity use
to promote decarbonization and sustainable tourism.

June 7th, 2023; Tokyo, Japan:
The Imperial Hotel, Ltd., announced that theImperial Hotel Tokyo and the Imperial Hotel Osaka will switch all of theirelectricity consumption to CO2-free electricity using FIT non-fossil certificate
procurement, starting in October 2023, to achieve zero CO2 emissions fromelectricity.
One of the basic strategies of our "Medium to Long-term Management Plan 2036"announced last year is to solve social issues, and we aim to maximize ourcontribution to the achievement of the SDGs in all of our corporate activities. As
part of our efforts to address climate change in the promotion of sustainability(reduction of CO2 emissions), the hotel has formulated a "decarbonization
roadmap" that aims to reduce CO2 emissions at our directly-managed facilities
by 40% by FY 2030 (compared to *FY 2013) and to become carbon neutral by FY
2050.
* In April 2021, then Prime Minister Suga announced at a meeting of the government's Global
Warming Prevention Headquarters that the greenhouse gas reduction target for 2030 was tobe a 46% reduction compared to fiscal 2013.

By introducing CO2-free electricity at the Imperial Hotel Tokyo and the Imperial
Hotel Osaka from October 2023, CO2 emissions will be reduced by 11,900 tons
per year in FY 2023 (CO2 emissions from electricity consumption: -44% comparedto FY 2013) and 16,900 tons per year in FY 2024* (-68% compared to FY 2013),
faster than the original targets.
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June 7th, 2023
As a result, we expect to achieve a 40% reduction in CO2 emissions at directlymanaged facilities by the end of FY 2023 and a 60% reduction by FY 2030, earlier
than our initial targets.
In introducing this new system, we have received cooperation from TEPCOEnergy Partner, Inc in Tokyo and DIGITAL GRID Corporation in Osaka.
In addition, the Kamikochi Imperial Hotel has been operating on a carbon neutral
basis since April 2022.
Through the introduction of CO2-free electricity, we will reduce greenhouse gas
emissions and contribute to mitigating the impact of climate change, whilemeeting the growing demand for sustainable tourism around the world.
*The 16,900 tons of CO2 emissions per year is equivalent to the emissions of approximately
9,300 average households in Japan (calculated from the Ministry of the Environment's"FY2021 Survey on the Actual Conditions of Carbon Dioxide Emissions from ResidentialSector" (annual CO2 emissions from electricity per household: 1.82 t-CO2)).

Imperial Hotel: Initiatives to Achieve Carbon Neutrality
2002 (Tokyo): Rooftop greening with a photovoltaic power generation facility
was initiated on the roof of the hotel. This was the first example of rooftop
greening combined with photovoltaic power generation on a high-rise building
at the time.
*Rooftop greening is effective in mitigating the heat island effect, purifying air pollution, andcontrolling rainwater runoff, and is also expected to save energy by lowering the room
temperature of the floor directly below the greened area by 2 to 3°C. (35.6 to 37.4°F)

2005 (Tokyo and Osaka): began using Green Power Certificates for illuminationand hosted events.
*We are currently expanding the use of Green Power Certificates by inviting our customersto use Green Power when they hold banquets and events, we are working to expand the useof green power.

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June 7th, 2023
2013 (Tokyo): started small-scale hydroelectric power generation using thedifference in elevation of circulating water for air conditioning.
2021 (Tokyo and Osaka): switch to carbon neutral LNG for kitchen gas
2022 (Kamikochi): switched all electricity used in the hotel to "Shinshu Green
Denki," CO2-free electricity produced in *Shinshu by Chubu Electric Power
Miraiz Co., Inc. and introduced J-credit carbon offsets for gas and kerosene,
thereby achieving virtually zero CO2 emissions from the hotel.
*Kamikochi (Matsumoto City, Nagano Prefecture) is a mountainous scenic area located in
Shinshu at an altitude of about 1,500 meters.

Sustainability Promotion Activities of the Imperial Hotel
Imperial Hotel Sustainability Report:
https://www.imperialhotel.co.jp/e/tokyo/pdf/sustainability_report_2022.pdf
Imperial Hotel Sustainability Procurement Policy:
https://www.imperialhotel.co.jp/e/company/pdf/sustainability_policy_2023.pdf
Imperial Hotel received the highest rating of"Sakura Quality An ESG Practice" (5 Sakura)at the same time at three of its business sites.:
https://www.imperialhotel.co.jp/e/tokyo/pdf/Sakura_Quality_An_ESG_Practice_international_certification.pdf