(＊Translation)
Business Continuity Plan (“BCP”)
July 21, 2022
Tokyo Financial Exchange Inc.
Tokyo Financial Exchange Inc. (“TFX”) has been committed to maintaining a system for its
business continuity in case of emergency. As part of such efforts, written action plans havebeen made available to the public: “Contingency Plan for System Failure and OtherEmergencies” which defines action plan for its stable and continued business operations in
the case of system failure or other emergencies (“Contingency Plan”), as well as this BCP.
To maintain the system even when business continuity is expected to be difficult due tomajor earthquakes and terrorisms, etc., the BCP sets out policy and recovery procedures in
the case of risk events causing suspension of TFX’s operations. TFX discloses the BCP tothe public to the extent it does not affect the security.
The BCP will be reviewed and updated once every year.
1. Basic policy about BCP
The BCP is designed to clarify the TFX’s basic policy for ensuring its business
continuity on a company wide basis.
In case of any risk exposure, the TFX will endeavor to continue the business operation
as far as possible, and minimize the impact on the Trading Members and institutions
and organizations concerned.
Should TFX be compelled to suspend trading, a quick and effective recovery will besought.
2. Scope(1) Assumed risks
The following risks are assumed to cause suspension of TFX’s operation:➢ Natural disaster (including earthquakes, damage by wind and floods,epidemics)➢ Breakdown of social infrastructures (including electricity andtelecommunications systems)➢ Cyber-terrorism (including virus attack, data tampering, unauthorizedaccess)➢Terrorism (including destructive acts and threats by pre-notice)➢System failure (hardware and software)➢
Other disasters (including fires)(2) Scope of application
The BCP is applied to the TFX’s officers and employees, personnel of systemdevelopers and system operation contractors, and system facilities.
In addition, TFX will endeavor to obtain understandings of BCP from the Trading
Members, information vendors and other institutions and organizations concerned,
to ensure a close cooperation with them in case of emergency.

3. Actions
Each occurrence of emergency is classified to, either events resulting from “large-scaledisaster” or “system failure”, depending on its nature, as described below:(1) Events resulting from large-scale disaster
TFX will take the following steps in response to events resulting from large-scaledisaster such as major earthquake, and terrorism, etc.:(i) Gathering information, and understanding the situation (including
establishment of communication system, securing contacts with Trading
Members, information vendors and external institutions and organizations
concerned),(ii) Setting up an emergency headquarters,(iii) Determining the action plan,(iv) Implementing the action plan either solely or in combined implementation
depending on the severity of the damage incurred by TFX facility:(a) In the event of TFX office being unavailable; transferring the business
operations to a backup office,(b) In the event of main center being unavailable for various trading andclearing system managed by TFX (“Exchange System”); switching to adisaster recovery site (“DR Site”),(c) In the event of Exchange System and/or other settlement-related systembeing unavailable, resulting from serious failure of hardware, software, etc.
(even if main center is available); recovering system, etc. in accordancewith “Contingency Plan”.
(2) Events resulting from system failure
In the event of Exchange System being unavailable, resulting from failure ofhardware, software, etc., TFX will follow the system recovery steps in accordancewith Contingency Plan.
4. Target time for recovery
If Exchange System becomes unavailable (either in the events resulting from large-scaledisaster or system failure), TFX will endeavor to establish a state in which recovery ispossible within a defined time frame as follows:(i) for the business relevant to market trading: within 24 hours(ii) for the critical information technology systems: within 2 hours
In addition, TFX will also endeavor to complete scheduled settlement on such day by
the end of the day.
5.

BCP operation system
The following system and infrastructures are maintained in order to implement theBCP in case of disaster.
(1) Securing necessary Manpower
In case of disaster, safety of the TFX’s officers and employees shall be confirmed
promptly by means of “safety confirmation system” introduced to secure necessarymanpower.
(2) Ensuring of telecommunications toolsIn order to secure communications in case of disaster, TFX sets in place a variety oftelecommunications means, including but not limited to, telephone, facsimile,priority telephone for times of disaster, mobile phone and e-mail.
Further, TFX regularly updates contact lists with the Trading Members,
information vendors, and external institutions and organizations concerned.
(3) Backup office
TFX has backup office, in which it will continue the business operations in casethat its offices have become unavailable.
(4) Data center
TFX’s core system is located in a robust data center, which not only fully meets thesystem standards prescribed by The Center for Financial Industry Information
Systems (FISC) (so-called “FISC Security Guidelines on Computer Systems forFinancial Institutions”) but also has obtained a validation of ISO27001 certification
system (information security management system).
Further, in case that a disaster has occurred and the main center for Exchange
System has become unavailable, TFX will switch the operation to DR Site. In
addition, TFX has an external backup for necessary data to secure continued
operation in case of disaster.
(5) Manuals
TFX regularly updates manuals (including manuals for holding action planmeetings) to quickly respond to a disaster.
(6) BCP operation test and training
TFX conducts switching drill to a backup office and to the DR Site as well as
training programs for its officers and employees at least once every year, so that incase of disaster, it will be able to act decisively and swiftly, taking the necessary
steps.
＊Disclaimer: This English version is not an officially accurate translation of the originalJapanese BCP. In the case where any differences may occur in the English version, theoriginal Japanese BCP will prevail. Tokyo Financial Exchange, Inc. (TFX) shall not
accept any responsibility for damage or loss caused by any errors, inaccuracies,
misunderstandings or misspelling with regard to the translation of the BCP. Thistranslation may be used only for reference purposes. TFX maintains the right to claim
compensation from violators for any damages loss it may suffer from the violation ofthese conditions.