March 31, 2023
To whom it may concern
Sumitomo Mitsui Trust Bank, Limited

Notice regarding the Conclusion of a Positive Impact Finance (with unspecified use of funds)
Loan Agreement (with MARUI GROUP CO., LTD.)
Sumitomo Mitsui Trust Bank, Limited (President: Kazuya Oyama; hereinafter “SuMi TRUST Bank”)
concluded a “Positive Impact Evaluation” (hereinafter “this evaluation”) and “Positive Impact Finance (withunspecified use of funds)” loan agreement (hereinafter “this agreement”) with MARUI GROUP CO., LTD.
(President and Representative Director: Hiroshi Aoi; hereinafter “MARUI GROUP”) in line with thePrinciples for Positive Impact Finance (*1) released by the United Nations Environment Programme FinanceInitiative (hereinafter “UNEP FI”) (*2).
Positive Impact Finance (hereinafter “PIF”) is a type of loan agreement intended to support corporations
to comprehensively analyze and evaluate the impacts (both positive and negative) of business activities
related to the environment, society and economy on an ongoing basis. The most notable feature of PIF is thatthe degree of contribution from corporate activities, products and services in achieving Sustainable
Development Goals (SDGs) is used as an evaluation indicator and monitored based on publicly disclosed
information, and that we support corporations’ activities to achieve these goals through engagement.
This agreement has obtained a third-party opinion (*3) from Japan Credit Rating Agency, Ltd. (President:Shokichi Takagi) regarding the compliance of the procedures related to this agreement’s evaluation to thePrinciples as well as the rationality of the evaluation indicators.
Through providing PIF and other solutions for sustainability businesses, we will continue to support clients’business activities that contribute to the achievement of the SDGs and contribute to the enhancement of theircorporate value over the medium to long term.
【About MARUI GROUP】
MARUI GROUP’s mission is to “Contribute to co-creating a flourishing and inclusive society that offers
happiness to all,” under their philosophy to “Continue evolving to better aid our customers” and “Equate thedevelopment of our people with the development of our company.” MARUI GROUP is developing a businessmodel integrating three pillars of retailing (Marui, Modi, etc.), FinTech (EPOS card, tsumiki Co., Ltd., etc.),
and forward-looking investments (investments in start-up companies and new businesses), based on cocreation.
On 2021, MARUI GROUP established a medium-term management plan slated to conclude with the fiscal
year ending March 31, 2026, which targets a balance between earnings growth and the creation of a positive
impact. MARUI GROUP is promoting “Futuristic stakeholder management” integrating ESG initiatives with
its core businesses.
【Overview of Positive Impact Evaluation】
In concluding this agreement, SuMi TRUST Bank assessed the following initiatives of MARUI GROUP

both qualitatively and quantitatively as initiatives that particularly have an impact on achieving SDGs.
ThemeContentGoals and Indicators (KPI)
SDGsa. Contribution to reduction of CO2 emissions(Goal)✓ Reduce CO2 emissions by 1 million tons on aGroupwide basis by FY2025 (compared toFY2016)(Indicator (KPI))✓ Total amount of reduction of CO2 emissions ona Groupwide basis (including the amount ofwhich MARUI GROUP encourages itscustomers to switch to renewable energythrough the Minna-denryoku EPOS Plan etc.)

A sustainable
future inharmony withthe global
environment✓ Realize adecarbonizedsociety andcircular economy,and forge asustainable futurein harmony withthe global
environment for
future generations

b. Reduction of GHG emissions (Scope 1,2) ona Groupwide basis(Goals)✓ Reduce GHG emissions (Scope 1,2) on aGroupwide basis (compared to FY2016) by➢ 35% by FY2025➢ 80% by FY2030➢ 90% by FY2050(Indicator (KPI))✓ GHG emissions (Scope 1,2) on a Groupwidebasis
c. Reduction of GHG emissions (Scope 3)(Goal)✓ Reduce GHG emissions (Scope 3) 35% by
FY2030 (compared to FY2016)(Indicator (KPI))✓ GHG emissions (Scope 3: 13 categories of a
total of 15 categories, excluding un applicable
categories of Category 10,14)
d. Improvement of renewable energy rate(Goals)✓ Improve renewable energy rate by➢ 70% by FY2025➢ 100% by FY2030(Indicator (KPI))✓ Renewable energy rate (the amount ofelectricity deriving from renewable energy
divided by total amount of electricity on aGroupwide basis)e. Improvement of resource recycling rateProvision offinancialservices
founded onprinciple ofco-creation ofcreditability✓ Realize financial
inclusion which
supplies financial
services tocustomers of all
income and ages

Equate thedevelopmentof our people
with thedevelopmentof ourcompany✓ Foster a corporate
culture in which
employees may
keep on growing
up with anempowerment,
based on its
philosophy“Equate thedevelopment ofour people withthe developmentof our company”(Goals)✓ Improve resource recycling rate by➢ 75% by FY2025➢ 80% by FY2030➢ 100% by FY2050(Indicator (KPI))✓ Resource recycling rate (the amount of waste
recovery divided by waste emissions on aGroupwide basis)a. Development of financial inclusion throughinvestments(Goal)✓ Increase the number of countries provided
with financial services through investments by➢ 10 or more by FY2025➢ 20 or more by FY2030(Indicator (KPI))✓ The number of countries provided withfinancial services through investmentsb. Increase the number of individuals all over
the world provided with financial services(Goals)✓ Increase the number of individuals provided
with financial services by 10 million or more
by FY2050(Indicator (KPI))✓ The number of individuals provided withfinancial services
a. Expansion of human capital investments(Goal)✓ Increase the amount of human capital
investments by 12 billion yen by FY2025(Indicator (KPI))✓ The amount of human capital investments
b. Improvement of ratio of female leaders(Goal)✓ Increase ratio of female leaders to 40% by
FY2025(Indicator (KPI))✓ Ratio of female leaders (ratio of female
employees in post-management (senior staff,chief, etc.))
c. Maintaining ratio of applicable male
employees taking childcare leave at 100%(Goal)✓ Keep ratio of applicable male employees
taking childcare leave at 100%
(Indicator (KPI))✓ Ratio of applicable male employees taking
childcare leaved. Improvement of ratio of applicable male
employees taking childcare leave within eightweeks of childbirth by partner(Goal)✓ Increase ratio of applicable male employees
taking childcare leave within eight weeks ofchildbirth by partner to 80% by FY2025(Indicator (KPI))✓ Ratio of applicable male employees taking
childcare leave within eight weeks ofchildbirth by partner(*1) The Principles for Positive Impact Finance
The Principles for Positive Impact Finance was developed by UNEP FI in January 2017 as a financial
framework for achieving the SDGs. Companies disclose the level of contributions to achieving SDGs through
KPIs. Banks then provide funding by evaluating the positive impact observed from these KPIs that is intended
to guide the borrowers to increase the positive impact and reduce the negative impact.
The lending bank, as a responsible financial institution, will check if the impact is continuing or not bymonitoring the indicators.
(*2) The United Nations Environment Programme Finance Initiative (UNEP FI)
The United Nations Environment Programme (UNEP) is an executive body for implementing the “HumanEnvironment Declaration” and the “International Environmental Action Programme”, established in 1972 as
a subsidiary body to the United Nations system. UNEP FI represents a broad as well as a close partnership
between UNEP and more than 200 global financial institutions. Since its establishment in 1992, UNEP FI
has been working in concert with financial institutions, policy/regulatory authorities to transform itself intoa financial system that integrates economic development and ESG considerations.
(*3) Third-party opinion on compliance with Principles of Positive Impact Financial and rationality of usedmetrics
For the independent opinion from Japan Credit Rating Agency, Ltd., please visit:https://www.jcr.co.jp/en/greenfinance/
Ends