Nextage Group Environmental Policy
The Nextage group believes that protecting the global and local environment willlead us to sustainable business activities and our management philosophy "The car
dealer loved by everyone” to be realized. We will work on environmental issues
while developing our business activities to continuously provide vehicles that areessential to our social life to our customers. We will comply with and act inaccordance with environmental laws, local ordinances, and agreements to promote
initiatives contributing to the reduction of environmental impact.
We particularly consider "realization of a decarbonized society", "contribution to acircular economy", and "coexistence with nature" as important environmental issues
to be addressed. By establishing a framework to ensure the effectiveness of ourinitiatives, we will contribute to the creation of a sustainable society and strive toimprove corporate value.

Environmental Issues related to Business activities.
“Realization of a decarbonized society”
・Climate change
We will strive to reduce greenhouse gas emissions by, for instance, reduction inour energy consumption. We will also commit to mitigation and adaption toclimate change to contribute to the transition to a decarbonized society as well
as reduction of the negative impacts of climate change.
“Contribution to the Circular Economy”
・Circular Economy
Through our business activities, we strive to achieve both economic growth andreduced environmental burden.
・Waste Disposal
We will reduce waste generated through our business, also promote recycling,and strive to protect the environment.
“Coexistence with Nature”
・Forests Protection
We evaluate the impact on forests and work to protect them.

・Water Resources
We will strive to conserve water resources by reducing water consumption andimproving the efficiency of water resource use.
・Biodiversity
We will assess the impact on biodiversity and work to conserve ecosystems.

Compliance with Laws and Regulations
In accordance with the laws and regulations applicable in the countries and regions
where they do businesses, we obligate the international norms and agreements
which we endorse too.
Collaboration with Stakeholders
We will work with stakeholders to solve environmental issues and contribute to therealization of a sustainable society.
Dialogue and Information Disclosure to Stakeholders
We place importance on dialogue with our stakeholders and regularly report on ourefforts to resolve environmental issues and their progress through various reports
and our website.
Education and Trainings
We will conduct timely education and enlightening activities, including in our supply
chains, to ensure that all stakeholders are highly aware of environmental protection
and contribute to environmental protection activities.
Environmental Policy Development Process and Review
We will periodically review and revise our policies to ensure us to be able to respondto environmental issues that are susceptible to social trends and the businessenvironment.

【Critical Environmental Issues】
Realization of a decarbonized society“Climate Change”
We will grasp and reduce how much greenhouse gas emissions we make to mitigate
the impact of climate change on the natural environment and economic activities.
We will also commit to mitigation and adaption to climate change to contribute tothe transition to a decarbonized society as well as reduction of the negative impactsof climate change.
・Nextage
We will grasp and reduce greenhouse gas emissions being produced by our business.
To this extent, the efficient energy usage shall be promoted, for instance, the useof renewable energy sources.
・Supply Chains
We observe greenhouse gas emissions made by our supply chains to be able tocollaboratively promote initiatives to reduce greenhouse gas emissions.
・Customers
We believe that we can reduce the total greenhouse gas emissions associated withcars by encouraging regular car maintenance through communication with ourcustomers to extend the period between when cars are manufactured and when
they are disposed of.

Contribution to the Circular Economy“the Circular Economy”
We believe that taking balance in our business activities and resource recycling canachieve a sustainable natural environment and economy. We will make effective useof limited resources and strive to reduce our environmental impact.
・Nextage
Through the used car business (reuse of vehicles and extending their longevity
through proper vehicle maintenance) that Nextage is engaged in, we are extending
the lifespan of a vehicle from whose manufacture to disposal, thereby contributing
to the effective use of resources.

・Supply Chains
Nextage is committing to reducing waste in cooperation with its supply chain bypromoting recycling of waste generated by Nextage's business activities through itssuppliers.
・Customers
These efforts are promoted by encouraging regular vehicle maintenance extending
thelifespan of

a vehicle from whose manufacture

to disposal throughcommunications with customers. In addition, we will promote reuse and recycling
together with our customers by properly handling vehicles that have come into ourwarehouse for trade-in or purchase from our customers.
“Waste Disposal”
We will strive to move away from mass production and mass disposal by effective
use of limited resources to shift to sustainable production and consumption
behaviors. We will also promote the recycling of waste.
・Nextage
We are working with our supply chains to recycle and reuse recyclable resourcesfrom waste generated through our business activities. In addition, we will contributeto resource conservation by actively introducing products that use recycledmaterials.
・Supply Chains
Nextage is committing to reducing waste in cooperation with supply chains bypromoting recycling of waste generated by Nextage's business activities throughour business partners.
・Customers
Through communication with our customers, we encourage regular vehicle
maintenance and extend the lifespan of vehicle from whose manufacture to disposal.
In addition, we will promote reuse and recycling together with our customers byproperly handling vehicles as trade-in or purchase from our customers.

Coexistence with Nature“Forests Protection”
In order to protect forests, which are an important resource in the preservation ofecosystems and economic activities, we strive to prevent deforestation and utilize
environmentally friendly timber.
・NextageWe are subjected to avoidance of deforestation likewise contribute to conservationof natural resources of the earth thorough our business activities. This includes theintroduction of building materials which do not lead to deforestation.
・Supply Chains
We will assess the impact of our supply chain on forests and work together topromote initiatives to reduce the impact on forests.
・Customers
We have digitalized purchase contracts and insurance policies. We make ourcontribution to forest protection by this reduction of paper consumption. We will
also seek to protect forests through communication with our customers.

“Water Resources”
We strive to conserve water resources, which are essential for ecosystems andeconomic activities, by reducing consumption as well as promoting efficient use.
・Nextage
We observe the amount of water used throughout our business activities. Based on
this information, we will promote efficient use of water resources by, for example,
installing water-saving devices to reduce water consumption.
・Supply Chains
We will observe the amount of water resources used by our supply chain tocollaboratively promote initiatives aiming to reduce our impact on the naturalenvironment.

・Customers
We will seek to protect water resources through communication with our customers.
“Biodiversity”
As part of our corporate social responsibility, we are projected to the protection ofpromoting actions to conserve biodiversity for the reduction of burden on theenvironment.
・Nextage
We recognize the possibility of our business activities impacting on the ecosystem,
thus, we put effort on protecting them by, for instance, considering the ecologicalinfluence when deciding the area of potential store locations.
・Supply Chains
We will understand the impact of our supply chain on biodiversity, and work together
to promote initiatives aiming to reduce the burden on ecosystems.
・Customers
We will seek to protect ecosystems through communication with our customers.