NEWS RELEASE

Teijin Establishes European Sustainable Technology
Innovation CenterTokyo, Japan, January 21, 2021 --- Teijin Limited announced today that it hasestablished the European Sustainable Technology Innovation Center (ESTIC) inArnhem, Netherlands as a research and development facility tasked with developing
technologies for a more sustainable world.
As a research and development hub for Teijin's environmental-value solutions, ESTIC
will facilitate collaboration among researchers across borders to strengthen
development initiatives in Teijin’s various business units. ESTIC will also undertake thechallenge of developing all-new businesses that leverage the lifecycle capabilities of
Teijin’s core materials and the development of green materials to support the global
circular economy. This includes efforts to reduce CO2 emissions and to stimulate thehydrogen economy.
ESTIC will also establish a satellite office at Brightlands Chemelot Campus, aninternational open-innovation community active in performance materials, sustainable
processes and biomedical solutions in Sittard-Geleen, Netherlands, to further activate
communication with external innovation communities and research institutes.
Teijin, aiming to be a company that supports the society of the future as well as theUnited Nations Sustainable Development Goals (SDGs), looks forward to ESTIC
contributing to the development of sustainable products and technologies that help tolower environmental impact.
Since the signing of the Paris Agreement, the world has come to recognize
decarbonization as an urgent global task, based on which the agreement’s signatory
nations have declared their respective national goals to realize carbon neutrality. Teijindeclared its long-term goals for reducing environmental impact in the company’s
2020-2022 management plan, entitled ALWAYS EVOLVING, that was announced inFebruary 2020. The company is now pursuing growth and development in line withthese goals. Teijin also supports the United Nations Global Compact as well as theSDGs through measures such as developing environmental solutions for a moresustainable world.
Under Teijin’s medium-term management plan to continuously create accurate business
opportunities and accelerate market development, the company is prioritizing initiatives tostrengthen internal and external collaboration, further diversity and inclusion, and fast-trackinnovation, ultimately to support the company’s development of innovative products andservices.

About the Teijin Group
Teijin (TSE: 3401) is a technology-driven global group offering advanced solutions in thefields of environmental value; safety, security and disaster mitigation; and demographic
change and increased health consciousness. Originally established as Japan's firstrayon manufacturer in 1918, Teijin has evolved into a unique enterprise encompassing
three core business domains: high-performance materials including aramid, carbon
fibers and composites, and also resin and plastic processing, films, polyester fibers andproducts converting; healthcare including pharmaceuticals and home healthcare
equipment for bone/joint, respiratory and cardiovascular/metabolic diseases, nursing
care and pre-symptomatic healthcare; and IT including B2B solutions for medical,
corporate and public systems as well as packaged software and B2C online services for
digital entertainment. Deeply committed to its stakeholders, as expressed in the brandstatement “Human Chemistry, Human Solutions,” Teijin aims to be a company that
supports the society of the future. The group comprises more than 170 companies andemploys some 20,000 people across 20 countries worldwide. Teijin posted consolidated
sales of JPY 853.7 billion (USD 8.0 billion) and total assets of JPY 1,004.2 billion (USD9.4 billion) in the fiscal year that ended on March 31, 2020.
Press Contact
Corporate Communications
Teijin Limited
pr@teijin.co.jp