August 3, 2023
JGC Holdings Corporation
Cosmo Oil Co., Ltd.

Revo International Inc.

Joint Proposal for Japan's First Large-Scale Domestic SAF Production Selected ina Tokyo Project Promoting Recovery of Used Cooking Oil
JGC Holdings Corporation has announced that a joint project proposal with Cosmo Oil Co. Ltd. andRevo International Inc. has been selected by the Tokyo Metropolitan Government (TMG) after apublic call for proposals to promote recovery of used cooking oil for production of sustainableaviation fuel, or SAF. An agreement with TMG was concluded today.

In efforts toward net-zero global CO2 emissions by 2050, TMG is implementing the Zero Emission

Tokyo Strategy, which promotes a shift to sustainable use of resources. Although procurement anduse of SAF is being sought by the aviation industry in similar efforts toward carbon neutrality by
2050, the industry has faced challenges in procuring biomass and other raw materials for thesustainable fuel. To this end, TMG called for public proposals in April to help build a new supply
chain that would expand collection of the potential feedstock of used cooking oil and link thissupply to SAF production.

As selected by TMG, the three companies' joint proposal to promote recovery of used cooking oil
for Japan's first large-scale domestic SAF production will facilitate recovery of used householdcooking oil, apply used cooking oil from commercial operations in domestic SAF production, andsupport decarbonization through a circular economy in Japan.

Webpage of the TMG (in Japanese): Project proposal selected to promote recovery of used cooking oilWith TMG, project participants will pursue four initiatives from August this year to March 2026:

collecting used household cooking oil, educating the public about SAF production and use,conducting SAF-related events and campaigns, and studying the feasibility of using this recovered

cooking oil as a SAF feedstock.

1． Recovery of used household cooking oil
Project participants will call on municipalities, companies, and others for assistance inestablishing collection sites for used household cooking oil. Viable sites will be convenient forresidents to bring used oil to, such as related municipal facilities, service stations, orsupermarkets. Recovered cooking oil will be collected by Revo International.
2． Education on SAF production and use
With municipal and corporate assistance, project participants will educate the public on

production and use of SAF made with the domestic bio-resource of used cooking oil. As a

specific example, with the cooperation of airline companies, students invited to hangars orsimilar areas at airport will learn how SAF is produced from used cooking oil in front of jets
fueled this way.

Educating people about SAF

3． SAF events and campaigns
Project participants will promote recovery of used cooking oil with assistance from companies
that own commercial buildings or their own buildings by holding events to publicize cooking
oil-derived SAF as part of the Fry to Fly Project supporting decarbonization through a circular
economy in Japan.

Holding event to make SAF more familiar

4． Feasibility study on using the recovered cooking oil as a SAF feedstock
The three companies will conduct a sample survey to determine the feasibility of using thecooking oil collected around Tokyo as a feedstock at the large-scale SAF production
demonstration plant under construction at the Cosmo Oil Sakai Refinery.* In particular, thelevel of impurities such as tempura bits and water and metal content will be checked todetermine acceptability.
*Construction of this facility has been selected for funding by the national R&D agency New
Energy and Industrial Technology Development Organization.

Looking ahead, JGC Holdings, Cosmo Oil, and Revo International will build on the momentum of
this project's adoption by TMG to accelerate business development aimed at establishing a SAF

supply chain and to support decarbonization through a circular economy in Japan. We are working
to have a system in place to supply domestically produced SAF in 2025, when the world expo in
Osaka will heighten global interest in future-minded initiatives.

Roles of the three companies
JGC Holdings

・ Overall project leadership・ Investigation of municipal, corporate, and other participants
Cosmo Oil・ Campaign planning・ Evaluation of recovered cooking oil

・ Consideration of approaches such as using service stations ascollection sites

Revo International・ SAF production and supply
・ Collection of used cooking oil

・ Contributing insight on public collection
Contact for media representatives

Akihiro Yamagami, Masayuki Date, or Misa Kawashima

Corporate Communication Group, Strategic Planning Unit, JGC Holdings Corporation

Tel: +81-45-682-8026 / Email: yamagami.akihiro@jgc.com, date.masayuki@jgc.com,
kawashima.misa@jgc.com

Ayako Hosoya / Koichi Makita

Corporate Communications Department, Public Relations Group Cosmo Energy Holdings Co., Ltd.
Tel: +81-3-3798-3101

Chimi

Management Strategy Office
Revo International, Inc.

Phone: +81-75-604-0518