Green Bond Fact Sheet

Shimizu Corporation

Date: 17/12/2019

Issue date: 12-12-2019 Maturity date: 12-12-2024 Tenor: 5Issuer Name

Shimizu Corporation

Amount Issued

JPY10.000m(USD92m)

Country of riskJapan

CBI Database

IncludedIssuer Type1

Non-Financial
Corporate

Bond Type

N/A

Green Bond Framework

N/A

Second party opinion

N/A

Certification Standard

Not certified

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

GA1 (R&I)☐ 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 emission
vehicles☐ 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
ReportingCompany information

Reporting of the green bond will be disclosed once a year on Shimizu Corporation's website
or corporate report. Fund allocation status reporting will be conducted upon allocation as
the entire proceeds will be allocated immediately. The condition of fund allocation will bedisclosed in the initial reporting. Impact reporting of a green building will be disclosed on
major reporting matters as recommended by ICMA for each project.
Shimizu Corporation is a general contractor with a business base in the private constructionindustry.

Firsts, records andcertifications
Proceeds description

The proceeds will be used to refinance the construction of an office building, YOKOHAMAGRANGATE, which is scheduled to be completed in February 2020. The building will beawarded CASBEE Yokohama S-rank and ‘gold’ in the LEED official certification. The building
has been designed to incorporate energy saving equipment such as double Low-E glass,radiant air conditioning, desiccant air conditioning, LED lighting, etc., and by using district
heating and cooling.

Climate Bonds view

CBI welcomes the use of top-level industry certification standards for housing, as wellas energy efficient equipment. The building also conforms to resilience standards,
making it suitable and safe in the event of earthquakes and other environmental
disasters. Good practice entails all new buildings and retrofits being also compliant
with resilience principles.

Underwriters

NomuraDeal comments
Credit Rating
Pricing summary
Investors summary

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