Green Bond Fact Sheet

Looop Inc

Date: 01/05/2020

Issue date: 30-04-2020 Maturity date: 27-04-2035 Tenor: 15Issuer name

Looop Inc

Amount issued

JPY3bn/USD27.6m

Country of riskJapan

CBI Database

Included

Issuer type1

Non-FinancialCorporate

Bond type

UnsecuredGreen bond framework

Link to Framework

Second party opinion

R&I (Japan)

Certification Standard

Not certified

Assurance report

N/A

Certification verifier

N/AGreen bond rating

R&I (Japan) (GA1)☒ Energy☒ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Buildings☐ Certified Buildings☐ HVAC systems☐ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emissionvehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☐ Flood protection☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
Reporting--Company information

The company will disclose an issuance report and annual reports.
Looop will disclose the status of fund allocation and environmental benefits publicly
on its own website. The content of disclosure includes the amount of CO 2 reduction
for each project, etc. and R&I considers the company’s reporting is appropriate.
The company will provide disclosure as appropriate in the case of a material change
to the situation, i.e. changes in fund allocation schedule, etc.

Looop Inc. engages in renewable energy-related businesses including electric power
retailing and generation, centred around the development, sales, instalment, andmanagement of solar power generation systems.

Firsts, records andcertifications
Proceeds description

The proceeds will be allocated to the construction and purchase of multiple solar power
generation plants.

Climate Bonds view

Looop inc are the latest issuer from Japan to issue green bonds to finance solar
energy projects. In recent months there have been a range of issuances in this
sector in Japan. It is good to see the continued issuance of bonds to finance solar
projects.

Underwriters
Deal comments
Credit rating
Pricing summary
Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign