NEWS RELEASE

Teijin and Envision Racing Extend Multi-year PartnershipTokyo, Japan, July 12, 2022 --- The Teijin Group announced today that it has extended
its multi-year partnership with Envision Racing Formula E Team to support the team’s
continuing participation in ABB FIA Formula E World Championship electric-vehicleracing. The Teijin Group has been supporting the team since 2020, helping to raiseawareness of the company’s contributions to climate-change mitigation and adaptation.

EV racing car

Driver suit made withTeijinconex® neo

Jun Suzuki, chairperson of Teijin Limited said: “Teijin is committed to developing
sustainable technologies and raising awareness of the need for climate-change action.
Through our support of the Envision Racing Formula E Team, we wish to convey ourenvironmental commitments to Teijin stakeholders as well as promote Teijintechnologies and products that are helping to reduce the automotive industry’senvironmental impact.”
Akimoto Uchikawa, President and CEO of Teijin Limited, said: “The partnership with theEnvision Racing Formula E Team is enabling Teijin both to promote and to implement
initiatives aimed at mitigating climate change. As a people-focused company thatdevelops innovative solutions for enhanced quality of life, Teijin strives to minimize theenvironment and societal impact of all aspects of its business.”

Franz Jung, Vice President of Envision Group and Chairman of the Board of Envision
Racing said: “On behalf of Envision Group we are all delighted that the Teijin Group andour racing team are continuing their journey together. It is fantastic to have brands
onboard with the team that share the same goals and objectives as Envision’.
Sylvain Filippi, Managing Director and CTO at Envision Racing said: “We look forward
to continuing our collaboration with the aim of implementing advanced solutions andusing our platform in Formula E to increase awareness of Teijin technologies andproducts.”
Global efforts aimed at carbon neutrality and reduced environmental burdens continue
to accelerate. Formula E was launched in 2014 as the world’s first fully electric singleseater racing series conducted on city-center circuits worldwide. By eliminating the useof fossil fuels to power vehicles and minimizing CO2 emissions in its operations, Formula
E is attracting a growing fanbase representing a wide spectrum of ages. In the Covidshortened 2021 season from February to August, the sport reportedly attracted over 316
million live spectators, up sharply from the prior year.
Through its support for the Envision Racing Formula E Team, Teijin is exploring new
business opportunities based on its development of advanced technologies andknowhow for next-generation automobiles. For example, Teijin participated in the team’s
Race Against Climate ChangeTM event, which is aimed at accelerating the transition toclean, secure and affordable renewable energy as well as the mass adoption of emobility. Also, the team’s drivers now wear protective suits incorporating Teijin's flameretardant Teijinconex® neo meta-aramid, which fully complies with REACH and otherleading chemical-industry environmental standards. Going forward, the company willcontinue leveraging these initiatives to raise brand awareness in prospective industries
as well as promote the company’s ceaseless evolution in support of a more sustainablesociety.
About Envision Racing:
Owned by Envision Group - a world leading zero-carbon technology company - theEnvision Racing Formula E Team is one of the founding and most successful teams inthe ABB FIA Formula E World Championship.
As a purpose-driven organisation, sustainability runs through our DNA - and those of ourowner and partners - highlighted through our 'Race Against Climate Change'
environmental programme. Known as the 'greenest team on the greenest grid', Envision
Racing is certified carbon neutral and was the first to sign up to the UNFCCC Sports for
Climate Action Framework, as well as just a handful of teams to have achieved the FIA's
3 Star Sustainability Accreditation. It is also a partner of the biggest climate event, theUN’s COP26 ‘Together for our Planet’ summit taking place in the UK in November.
On track, the team continues to be one of the most successful ever with 11 wins and 36
podiums - and remains the only team to have recorded victories in every season to date.
Find out more about Envision Racing: https://envisionvirginracing.com/

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 thatsupports the society of the future. The group comprises some 170 companies andemploys some 20,000 people across 20 countries worldwide. Teijin posted consolidated
sales of JPY 926.1 billion (USD 7.2 billion) and total assets of JPY 1,207.6 billion (USD9.4 billion) in the fiscal year that ended on March 31, 2022
Press Contact:
Daniel Matson - Head of Marketing, Envision Racing Formula E Team
E: daniel.matson@envision-racing.com
T: +44 (0) 7935 758 907
Corporate Communications
Teijin Limited
pr@teijin.co.jp