Verification Opinion

14 July 2023
Opinion No：SGS23/031

Mr. Masanari Yasuda
President
TS TECH Co., Ltd.
3-7-27 Sakae-cho, Asaka-shi, Saitama, Japan

Objective
SGS Japan Inc. (hereinafter referred to as "SGS") was commissioned by TS TECH Co., Ltd. (hereinafter referredto as "the Organization") to conduct independent verification based on Criteria of Verification (ISO14064-3: 2019
and the SGS verification protocol) regarding the data prepared by the Organization on the scope of verification(hereinafter referred to as “the Statement”). The objective of this verification is to confirm that the Statement in theOrganization's applicable scope has been correctly calculated and reported in the Statement in conformance withthe criteria, and to express our views as a third party. The Organization is responsible for the preparation and fairpresentation of the Statement.

Scope
The scope of verification is Scope 1 and 2 emissions, energy consumption, and Scope 3 emissions, water intake
and total waste generated.
The period subject to report is from 1 April 2022 to 31 March 2023.
Refer to the attached sheet for the detailed scope of verification.

Procedure of Verification
The Statement was verified in accordance with Criteria of Verification, and the following processes wereimplemented at a limited level of assurance:
Verification of the calculation system: Interviews on the measurement, tabulation, calculation, and reporting
methods employed by the Organization as well as review of related documents and records
Verification of the Statement: On-site verification and voucher review conducted at TS TECH Co., Ltd.
Component Business Department and the head office, and analytical procedures and interviews for the othersites in the scope of verification carried out at the head office
The criteria for this review are based on the GHG Emissions Calculation and Reporting Manual (Ver.4.8), Basic
Guidelines on Accounting for Greenhouse Gas Emissions throughout the Supply Chain (Ver. 2.4), Emission Factor
Database on the same Accounting (Ver. 3.2) and the protocol specified by the Organization.

Conclusion
Within the scope of the verification activities employing the methodologies mentioned above, nothing has come toour attention that caused us to believe that the Organization's Statement was not calculated and reported inconformance with the criteria.
SGS Japan Inc. affirms our independence from the Organization, being free from bias and conflicts of interest withthe Organization.

For and on behalf of SGS Japan Inc
Yokohama business Park North Square Ⅰ
134, Good-cho, Hodogaya-ku,Yokohama
Knowledge
Management Committee Member
Head of Certification/Accreditation

Yuji Takeuchi

1/2This document is issued by the Company under its General Conditions of Service accessible at www.sgs.com/terms_and_conditions.htm.
Attention is drawn to the limitation of liability, indemnification and jurisdiction issues defined therein. Any holder of this document is advised that information contained hereon
reflects the Company's findings as the time of its intervention only and within the limits of Client's instruction, if any. The Company's sole responsibility is to Client and thisdocument does not exonerate parties to transaction from exercising all their rights and obligations under the transaction documents. Any unauthorized alteration, forgery or
falsification of the content or appearance of this document is unlawful and offenders may be prosecuted to the fullest extent of the law.

Attached file
14 July 2023
Opinion No：SGS23/031

The details of the scope of verification
The ScopeThe Boundary1The performance data Scope The consolidated companies of The1 and 2 include energy related Organization
carbon dioxide emissions and (6 sites of the Organization, 5 domesticenergy consumption.
companies, 27 overseas companies)2
Scope3 (Category 1)
The consolidated companies of The
Organization(Products and services extracted from TS
production control system)
3
Water intake
The consolidated companies of The
Organization(6 sites of the Organization, 5 domestic
4
Total waste generated
companies, 26 overseas companies)(Including valuable waste)

The Statement
Scope 1:
7,083 t- CO2
Scope 2: 49,937 t- CO2

2,330,480 t- CO2

422,134 m3
16,203 t2/2
This document is issued by the Company under its General Conditions of Service accessible at www.sgs.com/terms_and_conditions.htm.
Attention is drawn to the limitation of liability, indemnification and jurisdiction issues defined therein. Any holder of this document is advised that information contained hereon
reflects the Company's findings as the time of its intervention only and within the limits of Client's instruction, if any. The Company's sole responsibility is to Client and thisdocument does not exonerate parties to transaction from exercising all their rights and obligations under the transaction documents. Any unauthorized alteration, forgery orfalsification of the content or appearance of this document is unlawful and offenders may be prosecuted to the fullest extent of the law.