Compliance
Rather than relying on external standards and adopting passive compliance stance that centers on just adhering toregulations required by laws, the Mandom Group sets voluntary standards that exceed legal requirements, taking
an independent and proactive stance for the purpose of “usefulness to consumers,” toward protecting consumer
safety and benefits.
The Mandom Group has established the “Mandom Group Code of Conduct” (revised five times since theestablishment in 1999) as a compliance program that officers and employees should always keep in mind in orderto realize the corporate philosophy.
In order to ensure thorough compliance with the Code of Conduct, the Company has established the Codeof Conduct Promotion Committee, which focuses on awareness-raising and education on compliance for alldepartments.
In addition, in December 2002, we introduced (expanded the target up to business partners in 2007) a helplinesystem, which is an internal reporting system for compliance violations, aimed at early detection, early correction,and prevention of risks related to compliance violations. With this system, legitimate information providers arecompletely protected, and retaliatory acts against information providers are absolutely prohibited.
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Mandom Groupʼs Code of Conduct

Excerpt from the Mandom Group Code of Conduct (FY2018 revised version)

Mandom Group Compliance
As a member of society, we fully understand domestic and international laws, customs, and all other social
norms and their respective mentality, comply with them with a spirit of legal compliance, and always act
ethically with a high degree of social decency.
The compliance of the Mandom Group is based on “usefulness” (founding spirit) and “honesty towardsociety” (corporate philosophy).
In other words, rather than relying on external standards and adopting passive compliance stance that
centers on just adhering to regulations required by laws, the Mandom Group sets voluntary standards thatexceed legal requirements, taking an independent and proactive stance for the purpose of “usefulness toconsumers,” toward protecting consumer safety and benefits.
In addition, for the sake of honesty towards society, we will strictly adhere to compliance management andnever use fraudulent methods as a means of achieving results.
Therefore, at the Mandom Group,(1) End does not justify the means.
We do not accept the idea that any means can be adopted to achieve business results.
(2) Morals are superior to results. (Results are inferior to morals)
No matter how good the Companyʼs business performance is, the Company does notrecognize results obtained through immoral (unlawful) means.

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Mandom Report 2023

Helpline System
In December 2002, we introduced the “Helpline System,”
which is an internal reporting system for compliance violations,
aimed at early detection, prevention and recurrence preventionof risks related to compliance violation. This is a system foraccepting reports and consultations when one sees an act
that violates various laws and the code of conduct in theworkplace, or when there is a risk of violation thereof. The
Code of Conduct Promotion Committee, including externalparties (attorneys), serves as a reception desk and theoperation of the whistle-blowing system ensures that whistleblowers are not treated unfavorably by the Company. Since
September 2007 we have been expanding the scope of theAbout Mandom

Helpline System to include all domestic business partners ofthe Mandom Group.
Our wish is that suppliers who have become aware of aviolation of compliance by a Group company, its officers oremployees in Japan, or an act that may cause a complianceviolation, contact the helpline reception desk in accordancewith the following guidelines. Upon receipt of the report, led by
the Code of Conduct Promotion Committee, the Company willpromptly investigate the facts and causes to correct, stop andprevent recurrence thereof and work to resolve them.

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Group Company Information
Corporate Governance > Helpline System---

Middle-Range Planning

Special reception desk forbusiness partners

Materiality

1. Business partners that are subject to the helpline system are suppliers, customers, and other business partners of the domestic
Group companies, including the Company.
2. In order to conduct a fair investigation, we ask that you report your information under your real name, rather than anonymously.
3. The facts and the details (including personal information such as the name of the person reporting) are held only by the Companyʼs
investigating body (Code of Conduct Promotion Committee) and will not be used for any purpose other than investigation and response
based on the report.
4. The Group will not cause any disadvantage to the person reporting, and will not make any request to the business partner to which
the person reporting belongs to that would cause him or her a disadvantage due to the fact that the report was made. However, thisdoes not apply to fraudulent reporting that goes against the intent of the Helpline System (avoiding or minimizing the risk of noncompliance) such as slander or defamation.
5. You can make reports by e-mail or postal letter. Please refer to the report reference form attached at the end of the document, andmake the report following with the form as much as possible. Upon receipt of the report, the helpline will contact the person whomade the report for confirmation. Therefore, please be sure to clearly indicate the contact information and contact method.

5-12, Juniken-cho, Chuo-ku, Osaka 540-8530, Japan
Helpline Desk, Code of Conduct Promotion Committee, Mandom Corporation
Special email address: mandom-helpline@mandom.com

Performance for the Fiscal Year Ended March 31, 2022
Company Information

Mandom Report 2023

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