Corporate Philosophy, Group Profile, Contents, Editorial Policy

Management

Special Feature

Environment

SocialDataGovernance

Third-Party Assurance

GovernanceCorporate Philosophy, Group Profile, Contents, Editorial Policy
Management

Corporate Governance

Message from the President and CEO
ESG Management
Materiality of the Tokyo Tatemono Group

Policy and Concept

Special Feature
Environment
Environmental Management
Sustainability Finance
External Evaluation and Certification for Green Building

Tokyo Tatemono strives to build optimal corporate governance,
aiming to enhance efficiency while ensuring the soundness andtransparency of management to increase corporate value.
In addition, we actively and appropriately disclose information
for shareholders and other stakeholders to understand thecompany’s business activities accurately.

Responding to Climate Change
Pollution Control and Resource Recycling

Corporate Governance Report

Responding to Natural Disasters

SocialDiversity & Inclusion
Work-Life Balance
Human Resource Investment and Development
Health Management / Occupational Safety and HealthRespect for Human Rights
Improving Quality and Customer Satisfaction
Revitalizing and Utilizing Real Estate StockContributing to Our Communities

GovernanceCorporate GovernanceRisk Management
Compliance
Supply Chain Management

Executive Officers

Tokyo Tatemono has adopted an executive officer system toenergize our Board of Directors and speed up decision-making
through the separation of management functions and businessexecution functions. The term of office for executive officers istwo years.
Executive Committee

The Executive Committee consists of executive officers withspecific responsibilities. This meeting is held to discuss matters
important to group management.
Full-time Audit and Supervisory Board members attend
Executive Committee to assess the status of deliberations andoffer opinions as necessary.

Audit and Supervisory Board Members (Audit andSupervisory Board)

Water Resources
Biodiversity

Directors (Board of Directors)

Tokyo Tatemono has 12 directors, four of whom are external
directors (one of whom is a female member). As a general rule,Tokyo Tatemono holds regular Board of Directors meetings
once a month and other extraordinary meetings as deemednecessary. The Board of Directors is chaired by the Chairman,
who does not concurrently serve as an executive officer.
Audit and Supervisory Board members attend board meetingsand offer opinions as necessary. (Numbers are as of March 2021.)

SystemTokyo Tatemono has selected a Company with Audit andSupervisory Board format as our corporate management system.
We have also established a Board of Directors and an Audit
and Supervisory Board. Our executive officer system clarifies
the separation of functions between management and businessexecution. This system strengthens management andsupervisory functions and business execution functions at
Tokyo Tatemono. Furthermore, we appoint external directors andexternal Audit and Supervisory Board members who help us
operate under stronger management supervision and ensuretransparency.
In our effort to strengthen Group governance in accordancewith the Group Business Management Standards, we haveestablished a structure that enables managers and directors tofully exercise their monitoring and supervisory functions.

The Audit and Supervisory Board consists of four members,
two of whom are external members of the Audit andSupervisory Board (one of whom is a female member).

Corporate Governance Structure
General Meeting of Shareholders
Appoint/Dismiss

Nomination and Remuneration Advisory Committee
AdviseAppoint/Dismiss

ReportReportBoard of Directors (Directors)
Appoint/Supervise

Audit

Coordinate

Internal Control Committee

Dismiss

Financial Statement Audit

Audit and Supervisory Board(Audit and Supervisory Board Members)

President
Executive Committee

Appoint/Dismiss

Financial Statement Auditor

Coordinate

Sustainability Committee
Internal Audit Department

Divisions/Department

Audit

Tokyo Tatemono

Integrated Report
Group Companies

Tokyo Tatemono Group

Data
Third-Party Assurance
TOKYO TATEMONO GROUPSUSTAINABILITY REPORT 2021

61

Corporate Philosophy, Group Profile, Contents, Editorial Policy

Management

Special Feature

Environment

SocialGovernance

Data

Third-Party Assurance

Unit

2016

2017

2018

2019

2020

Number of Board Meetings

Meetings

13121315

14

Number of Directors

Persons

911121212

Number of Executive Officers on Board

Persons

6777

7

Number of Non-Executive Officers on Board(Excluding Independent External Directors)

Persons

01111

Number of Independent External Directors

Persons

33444%

3327333333

GovernanceCorporate Philosophy, Group Profile, Contents, Editorial Policy
Management

Corporate Governance

Message from the President and CEO
ESG Management
Materiality of the Tokyo Tatemono GroupSpecial Feature
Environment
Environmental Management
Sustainability Finance
External Evaluation and Certification for Green Building

Internal Control Committee

The Internal Control Committee discusses and monitors
internal control risks (compliance risks and internalmanagement risks). If necessary, the committee reports risks tothe Board of Directors, the Audit and Supervisory Board, andothers as necessary.
Risk Management P.63

Responding to Climate Change
Pollution Control and Resource Recycling
Water Resources
Biodiversity
Responding to Natural Disasters

SocialDiversity & Inclusion
Work-Life Balance

Nomination and Remuneration Advisory Committee

The company has established this committee to selectcandidates for directors and recommend remuneration levels
for the same (excluding external directors), serving as anadvisory body for the Board of Directors. Committee
members are appointed from among directors. To ensure
objectivity and transparency in the procedures, more than halfof the seven members are external directors who provide
expertise and advice.

Respect for Human Rights
Improving Quality and Customer Satisfaction
Revitalizing and Utilizing Real Estate StockContributing to Our Communities

GovernanceCorporate GovernanceRisk Management
Compliance

Item

Proportion of External Directors
Average Board Meeting Attendance
Average Tenure of Directors (Including Independent
External Directors)%Years

100

100

100

99100

5.3 (March)

5.0 (March)

5.8 (March)

3.8 (March)

4.8 (March)

Data Collection Period: January to December of each year. Unless otherwise specified, figures are as of December each year.
Data Collection Scope: Tokyo Tatemono

Remuneration of Directors and Members of the Audit and Supervisory Board (Fiscal Year Ended December 2020)

Human Resource Investment and Development
Health Management / Occupational Safety and Health

Board of Directors Related Data

Sustainability Committee

To encourage sustainability measures across the Tokyo
Tatemono Group, we have established a council that reports
directly to the president. The Committee works with thesubordinate organization, the Sustainability Promotion
Committee, which comprises personnel from each business
Department, to continuously advance sustainability policies. It
does this by setting goals, monitoring progress, andevaluating achievements related to sustainability policies.

Total Amount by Type of Remuneration
Executive Class

Number ofEligible
Individuals

Fixed
Remuneration(Million Yen)

PerformanceLinked
Remuneration(Million Yen)

Stock-BasedRemuneration(Million Yen)

Total
Remuneration(Million Yen)

Directors (Excluding Outside Directors)

8254

156

33444

Members of the Audit and Supervisory Board(Excluding External Members*)

252——52

External Directors

654——

54

Total

16360

156

33550

* Two External Members

Supply Chain Management

Data
Third-Party Assurance
TOKYO TATEMONO GROUPSUSTAINABILITY REPORT 2021

62