ESG Management Undertaken by the Sumitomo Rubber Group

Corporate GovernanceInitiatives for Society

Stakeholder Engagement

Promoting Mutual Prosperity with Regional Communities through Social Contribution Activities

Sumitomo Rubber Group Stakeholders
Customers

Local communities

Shareholders
and investors

SumitomoRubberGroup

Business partners

Aware of the social responsibilities incumbent on the Sumitomo RubberGroup, we always work to assess what is expected of us and reflect
such expectations in our business activities. To this end, regular communication with our stakeholders is indispensable.
As we globalize our business, we welcome a diverse range of new
stakeholders around the world. We strive to demonstrate integrity in all ourbusiness activities so that we can earn the trust of all our stakeholders.

Employees

Sumitomo Rubber Industries CSR FundThe Sumitomo Rubber Industries CSR Fund was established to provide
financial support to NPOs engaged in activities in regions where wehave bases in order to solve global environmental and social problems.
Following its establishment in 2009, the Fund began providing

donations in 2010 to eight organizations, including environmental
advocates, traffic safety groups, disaster aid groups and others striving to resolve region-specific social issues. In fiscal 2022, a total of¥14.70 million was donated to 56 organizations.

Number of Recipients of Donations Offered by “Sumitomo
Rubber Industries CSR Fund” and Total Donation Amount

Ratio of Enrollment in the CSR Fund (December 2022)

Total donation amount

Number of recipients (groups)(Thousands of yen)

(Recipients)

18,000

54Measures to Promote Constructive Dialogue with Shareholders
The Company will conduct dialogue with shareholders with the aim ofenhancing its corporate value based on the following policies:➀ The Company strives to realize dialogue in line with the interests of various stakeholders, with the officer in charge of accounting and financeand the officer in charge of general affairs playing central roles in investor relations (IR) and shareholder relations (SR), respectively.
➁ T he Company’s relevant departments engage in organic, cross-­
sectional coordination in order to support constructive dialogue withshareholders, institutional investors and other stakeholders. As part ofIR activities, we disclose various data via the IR section of theCompany’s corporate website while, in 2022, establishing the IR Office.
The Company also hosts IR briefings for analysts and institutional investors. In terms of SR activities, the Company issues various publications
for shareholders and prepares integrated reports to provide updates on

Shareholders and investors

the status of its business operations, ESG management and other matters while maintaining direct engagement with institutional investors. In
these ways, the Company strives to improve its corporate value.
➂ The Company considers the opinions gleaned through dialogue withshareholders and investors valuable to the further enhancement of its
corporate value. Accordingly, these opinions are periodically reported
to the senior management and the Board of Directors. This enables theBoard to deliberate on the necessity of acting on said opinions andstudy measures for doing so.
➃ The Company carries out surveys of the actual owners of its shares todetermine the details of its shareholder composition. Results of thesesurveys enable us to take a more proactive approach to IR and SR
activities and promote effective shareholder communications.

15,0004739

12,000

9,000

6,000

3,000

27293230328,000
8,050

6,940 6,960

3557

14,10013,1405660

14,700 50

11,090

8,930

4030

Number of employees(non-consolidated)

8,037

7,850

17 5,500
3,5100

Number ofindividuals
enrolled

42%
3,404

20

100
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022(FY)Results of 2022 Activities
Targets
Institutional investors and analysts
IRSRMethods

Note: Financial results briefings, including smallgroup meetings, were held on 126 occasions. These included 46 meetings heldfor overseas investors and analysts.

• Details of quarterly operating results and dividends• Future outlook on operating results• Content of and progress under the Midterm Plan, etc.

12 institutional investors

Individual online interviews• Initiatives to achieve our reduction targets for CO2 emissions• Initiatives to achieve KPIs regarding the ratio of female managers• Independence of outside officers, etc.

(10 domestic institutions and two foreign institutions)Sound Labor-Management
Relations

Employees

The Company and the Sumitomo Rubber Trade Union (which had 5,799 general members as of December 31, 2022, excluding officers or managers)
maintain good relations based on the sharing of information by management
and an approach of prior consultation. We believe that the growth of theCompany and the pursuit of employee happiness are objectives shared bylabor and management, and we have a history of productive discussions atthe various labor-management committees. For example, we engage in activities in which labor and management are united in the pursuit of their objectives, such as when we organized a Labor-Management Wages Study Group
comprising personnel from the union leadership and the Company’s HumanResources Department, with the aim of reviewing the human resources system
and working conditions and have maintained it ever since.
In fiscal 2022, this study group was responsible for such initiatives as theupward revision of premiums to be paid to employees who have been transferred away from their primary areas of residence and are living unaccompanied
by family along with the relaxation of conditions applied to employees eligible toreceive such premiums as well as the relaxation of conditions for the granting ofspecial leave due to the accumulation of expired leave in order to help meetemployee’s daily living needs. The study group also launched discussions
regarding what the Company’s human resources system should look like.
In fiscal 2023 , we will continue our efforts to promote workstyle reforms andmove ahead with various activities, with labor and management continuing towork in cooperation.

89

Examples of themes• Results briefings• Small-group meetings• Individual interviews(held mainly online)

Integrated Report 2023

Building Relationships
with Customers

Customers

To prevent the occurrence of traffic accidents attributable to poor tirecondition, for the 15 years since 2008 we have sponsored DUNLOPNationwide Tire Safety Inspections. As of the end of 2022, the total number of cars inspected amounted to 113,000.
In 2023, this inspection campaign, held throughout Japan at Tire Selectstores, which are Dunlop tire outlets, started on April 8, designated as the“Tire Day” by the Japan Automobile Tyre Manufacturers Association, and lasted for 16 days. Through this annual campaign, we conduct various tire
inspections, including measuring tire pressure and checking remaining tread
depth as well as for any other damage to the tire. In addition to providing customers with professional inspections, we have utilized the aforementioned
campaign period to raise driver awareness of the importance of tire inspections by distributing leaflets at storefronts.
Furthermore, we endeavored to facilitate the widespread recognition of the need for periodic tire
inspections and maintenance via the official X (previously Twitter) account of the Company’s directly managed stores, websites run by each store and othersocial networking service (SNS) outlets. Looking
ahead, we will continue to provide tire inspections sothat our customers can enjoy safe and secure driving.

The Shirakawa Factory Receives the 11th Green Society Contributor Award —Continuously Engaging inGreenery Activities and Contributing to Regional Societies for about 50 Years since Its Launch
The Shirakawa Factory was chosen by the Organization forLandscape and Urban Green Infrastructure to receive the 11th GreenSociety Contributor Award in recognition of its engagement in excellent greenery management and other endeavors. Under a program
sponsored by this organization, a Green Society Contributor Award isgiven to corporations who are outstanding in terms of their contributions to regional societies and the improvement of the environments
surrounding their operations through the development of greenery.
Over the 50 years since its launch, the factory has engaged in greenery promotion activities via the development of a “GENKI Forest”
under slogans of “harmony with nature,” “no environmental pollution”
GENKI Forest
Tree planting activity undertaken on Mount
Akazura (sponsored by Fukushima Prefecture)and “deep roots in communities.” Moreover, the factory has maintained biotopes within its premises to preserve biodiversity. Also, thefactory allows employees to participate in volunteer activities while making donations and otherwise contributing to the well-being of regionalsocieties and striving for carbon neutrality. The giving of this award suggests that the factory’s ongoing engagement in the initiatives describedabove is highly appreciated.

Donations / Co-Sponsorship
As we aim to give back to society, we proactively make donations to and co-sponsor local events inregions in which we have bases. In Japan, we are a co-sponsor of the “STOP! DRUNK DRIVINGPROJECT” and have maintained our status as a special co-sponsor for the DUNLOP KOBE OPEN, awheelchair tennis tournament, since 1994. Overseas, we donated uniforms to sports facilities forpeople with disabilities in Turkey while, in the Philippines, making donations to homes for elderly people.
In China, we donated funds to support beautification projects. As exemplified above, we strive tocontribute to society through donations and co-sponsorship in regions across the globe.

Integrated Report 202390