Privacy PolicyDeclaration on Personal Information Protection

Public Announcement Based on the Act on the Protection of PersonalInformation

Basic Policy on the Proper Handling of Specific Personal Information, Etc.

Declaration on Personal Information Protection
DBJ Singapore Limited (“DBJS”) has formulated and publicly announces thefollowing “Declaration on Personal Information Protection” (this “Declaration”) as
its policy initiative for protecting personal information and its approachconcerning the handling of personal information.

1. Policy Initiative
DBJS recognizes the appropriate protection and use of personal information asan important social responsibility. In conducting its operations, DBJS will comply
with relevant laws and regulations, including the Act on the Protection ofPersonal Information, as well as DBJS’ rules including this Declaration to strive
to appropriately protect and use clients’ personal information.

2. Proper Obtainment of Personal Information
DBJS will acquire clients’ personal information by proper and lawful means to
the extent necessary in connection with its services.

3. Purpose of Use of Personal Information
DBJS will specify the purposes of use of clients’ personal information and use
the information to the extent necessary to achieve those purposes of use. If thepurposes of use for specific personal information are separately limited by laws
or regulations, DBJS will not use the information for any purpose other thanthose purposes of use. The purposes of use for clients' personal information byDBJS will be published on the website of DBJS’ parent company, Development
Bank Japan Inc., . Use for any other purpose will be clearly indicated at the timethat information is obtained.

4. Provision of Personal Information to Third Parties
In principle, DBJS will not provide a client’s personal information to a third party,
except in cases where consent is obtained from the client or where provision isrequired by laws or regulations. However, DBJS may provide a client’s personal
information to a third party without obtaining consent from the client: (i) in cases
where DBJS outsources the handling of personal information to the third party
to the extent necessary to achieve the purposes of use, (ii) in cases of merger,etc., or (iii) in cases where personal information is jointly used with specificpersons as separately determined.

5.Security Management MeasuresDBJS will strive to store and manage clients’ personal information in an
accurate and up-to-date manner, and take necessary and appropriate
measures for securely managing information to prevent leakage, etc. DBJS will
also appropriately supervise its officers, employees, and outsourcees who
handle clients’ personal information.

6. Continuous Improvement of Handling of Personal Information
DBJS will strive to continuously improve its handling of clients’ personal
information by reviewing this Declaration from time to time, taking into accountdevelopments in information technology and changes in social demands,
among other factors.

7. Procedures to Request Disclosure, Etc.
DBJS will strive to appropriately respond to requests for notification of purposes
of use for retained personal data regarding clients, requests for disclosure ofcontent, requests for correction, addition, or deletion in cases where the content
of retained personal data is contrary to the facts, and requests for suspension ofuse, erasure, and suspension of provision to third parties.

8. Inquiries

DBJS will strive to sincerely respond to opinions and requests about its handlingof personal information.

Public Announcement Based on the Act on theProtection of Personal Information
DBJ Singapore Limited (Business operator handling personal information)

DBJ Singapore Limited ( “DBJS”) publicly announces the following mattersbased on the Act on the Protection of Personal Information (Act No. 57of May
30, 2003, including any subsequent amendment; collectively, the “Act”).

I. Matters Concerning the Purpose of Use of Personal Information

DBJS will handle clients’ personal information in order to perform thebusinesses described in item 1. below to the extent necessary to achieve thepurposes of use described in item 2. below, and for no purpose of use
exceeding those limits.
1. Business Content
Financing business, capital investment business, and advisory business (inM&A transactions etc.) which DBJS provides together with Development Bank

of Japan Inc., and ancillary operations (including operations that it may handle
in the future; collectively, “DBJS Operations”)
2. Purpose of Use

To make decisions and perform follow-up management regarding DBJS
Operations

To conclude contracts, verify identities, or confirm eligibility related to DBJS
Operations

To manage due dates or ongoing transactions pertaining to DBJS OperationsTo provide to third parties within the scope necessary to perform appropriate
operations

To exercise contractual and legal rights and fulfill such obligations

To monitor economic conditions by conducting surveys, distributing
questionnaires, or conducting related operations

To introduce DBJS’s operations

To execute other activities to perform smooth and appropriate clienttransactions
In the event that the purposes of use of specific personal information areseparately limited by laws or regulations, such personal information will not beused other than for such purposes of use, as described below.

In accordance with Article 123, Paragraph 1, Item 7 of the Cabinet Office Orderon Financial Instruments Business, etc., DBJS will not use or provide to thirdparties information regarding race, creed, family origin, registered address,
medical history, or criminal records, or any other undisclosed and special
information it has obtained in the course of its business for any purposes except
those required for the proper conduct of its business.

II. Matters Concerning Joint Use of Personal DataDBJS will jointly use the personal data of its clients as set out below.
1.
Personal Data to be Jointly Used

(1)
Information regarding the client, such as contact information, including theclient’s name, date of birth, physical address, telephone number, and e-mailaddress; family-related information; employer-related information; information
regarding the client’s assets and liabilities; information regarding transactionneeds; and publicly disclosed information

(2)
Information regarding the content of transactions with individual clients, such astransaction status, type of service, agreement date, transaction amount,balance, and due date(3)
Information required to manage transactions with clients, such as information on
the transaction process and information used in making loan decisions
2. Scope of Joint Users
DBJS, Development Bank of Japan Inc. (“DBJ”) and DBJ’s subsidiaries andaffiliated companies listed in DBJ’s annual securities report (or in its lendingreports)(In the event that joint use is limited by the Financial Instruments and Exchange
Act or related laws and regulations, information will be handled in accordancewith the laws or regulations.)

3. Purpose of Use(1)
To propose, inform about, study, or develop investment and loan businesses
and financial products and services together with DBJS’ group companies: forexample, to work with group companies in developing and proposing
investment and loan businesses and financial products and services that meetclient needs

(2)
To properly conduct group management activities, including the understanding
and management of risks: for example, to create proper business management
systems for the group and provide clients with stable and consistent services
4. Name and Address of Party Responsible for Managing Personal Dataand the Name of the Representative
DBJ Singapore Limited.
138 Market Street, #15-02 CapitaGreen, Singapore 048946
CEO and Managing Director: Hiroyuki Hasei

III. Matters Concerning Retained Personal Data
1. Name and Address of Business Operator Handling Personal
Information and the Name of the Representative
Development Bank of Japan Inc.
Otemachi Financial City South Tower, 9-6, Otemachi 1-chome, Chiyoda-ku,
Tokyo 100-8178, Japan
President and CEO: Seiji Jige
2. Purpose of Use of Retained Personal Data

The purposes of use of personal data retained by DBJ are the same as
described above in “I. Matters Concerning the Purpose of Use of Personal
Information” and “II.3. Purpose of Use.”
3. Procedures Followed to Respond to a Request for Disclosure, Etc.
DBJS will respond, appropriately and promptly in compliance with relevant laws
and regulations, including the Act on the Protection of Personal Information, torequests for notification of the purpose of use, disclosure (including thedisclosure of records on the provision of personal data to a third party),
correction, addition or deletion, suspension of use or erasure, or suspension ofprovision to a third party ( “Request for Disclosure, Etc.”) with regard to client
personal data retained by DBJS.
DBJS will be unable to accept a Request for Disclosure, Etc. if it is unable toconfirm the identity of the individual or the proxy authority of an agent making
the application or if a request form or other stipulated document contains
discrepancies. Therefore, persons making such a request are asked to provide
any information required to identify the retained personal data subject to theRequest for Disclosure, Etc. (In the interest of keeping personal data accurate
and up-to-date, clients are requested to promptly notify DBJS of any changes ininformation provided.)
Please note that DBJS may not be able to respond to a Request for Disclosure,Etc. if it is prevented from doing so by laws or regulations.

4. Security Management Measures for Personal Data
DBJS will take and strive to improve necessary and appropriate measures via
the methods listed below to ensure the secure management of personal data,including preventing the leakage, loss, or damage (“Leakage, Etc.”) of personal
data. In having its employees handle personal data, DBJS will also exercise
necessary and appropriate supervision over its employees so as to ensure
secure management of the personal data.

(1) Formulation of basic policy(2) Development of rules for handling personal data

(3) Organizational security management measures (development of anorganizational structure for taking security measures; operation in accordancewith rules for handling personal data; development of means to check the statusof handling personal information; development of a system of responding toincidents such as Leakage, Etc.; monitoring the status of handling personal
information; and review of security management measures)(4) Human security management measures (employee education, etc.)(5) Physical security management measures (control of areas where personal
data is handled; prevention of theft, etc., of equipment and electronic media;
prevention of leakage when carrying electronic media, etc.; deletion of personal
data; and disposal of equipment and electronic media, etc.)(6) Technical security management measures (access control; identification andauthentication of authorized persons; prevention of unauthorized external
access, etc.; and prevention of Leakage, Etc., associated with the use ofinformation systems)(7) Understanding of the external environment (implementing security
management measures based on an understanding of systems for theprotection of personal information in the EU, the U.K., the U.S., Singapore, andChina, where personal data is stored)*Systems related to the protection of personal information in various countries

The U.S. (Federal): https://www.ppc.go.jp/files/pdf/USA_report.pdf

The U.S. (New York State): https://www.ppc.go.jp/files/pdf/newyork_report.pdf
Singapore: https://www.ppc.go.jp/files/pdf/singapore_report.pdf

China: https://www.ppc.go.jp/files/pdf/china_report.pdf

EU: If you would like DBJS to provide information, please contact us at thecontact desk below.

DBJ Singapore Limited, +65-6221-1779

IV. Restrictions on Provision of Personal Data to Third Parties
In principle, DBJS will not provide personal data to third parties without theconsent of the individual, except in the cases set out below.

(1) When required by laws and regulations(2) When it is necessary for the protection of the life, body, or property of anindividual and it is difficult to obtain the consent of the individual(3) When it is especially necessary for improving public health or promoting thesound growth of children and it is difficult to obtain the consent of the individual(4) When it is necessary to cooperate with a national agency, a local
government, or a person entrusted by either a national agency or local

government to execute affairs prescribed by laws and regulations, and obtaining
the consent of the individual is likely to impede the execution of those affairs(5) When a third party to which personal data is provided is an academic
research institution, etc., and the third party needs to handle the personal data
for academic research purposes (including cases in which part of the purpose ofhandling the personal data is for academic research purposes, but excluding
cases in which there is a risk of unjustified infringement of the rights andinterests of individuals)(6) When providing personal data to an outsourcee to the extent necessary forthe performance of its business (see “Outsourcing the Handling of PersonalData” below)(7) When personal data is provided in connection with the succession ofbusiness due to a merger, corporate split, transfer of business, or other reasons(8) When jointly using personal data with DBJ, DBJ’s subsidiaries and affiliates(see “II. Matters Concerning Joint Use of Personal Data” above)

V. Outsourcing the Handling of Personal DataDBJS may outsource all or part of the handling of personal data to third parties
to the extent necessary to achieve the purposes of use of personal data. Insuch cases, DBJS will select appropriate outsourcees to ensure that personal
data is securely managed by the outsourcees, and will exercise necessary andappropriate supervision over the outsourcees by, for example, signingconfidentiality and personal data protection agreements with the outsourcees
and confirming how the personal data is handled by the outsourcees.

VI. Where to Direct Complaints Related to the Handling ofRetained Personal Data
Please direct opinions or requests concerning the handling of retained personal
data to DBJS (which telephone number is +65-6221-1779).

Hours of operation: 9:30 a.m. to 12:00 noon and 1:00 p.m. to 5:00 p.m. (localtime) (excluding weekends, public holidays, and year end and new year
holidays in Japan and Singapore)

Basic Policy on the Proper Handling of SpecificPersonal Information, Etc.

DBJ Singapore Limited (“DBJS”) has formulated and publicly announces thefollowing basic policy to ensure that specific personal information and individualnumbers (“Specific Personal Information, Etc.”) under the Act on the Use ofNumbers to Identify a Specific Individual in Administrative Procedures (the “MyNumber Act”) are properly handled on an organization-wide basis.

1. Name of Business Operator
DBJ Singapore Limited

2. Compliance with Relevant Laws, Regulations, and Guidelines
DBJS will properly handle Specific Personal Information, Etc. in compliance withthe My Number Act, the Act on the Protection of Personal Information, andother laws and regulations, as well as the Guidelines for Proper Handling ofSpecific Personal Information (for Business Operators) and other related
guidelines.

3. Purpose of Use
DBJS will use Specific Personal Information, Etc. for the purposes set outbelow.

For Specific Personal Information, Etc. concerning officers andemployees, including their dependent family members (includes
processes related to those listed below):Tax withholdingPreparation of applications for (change in) tax exemption for dependents, andapplications for deduction of insurance premiums and special exemption for
spouse of salaried employeesPreparation of salary payment reports

Preparation of written notices concerning the transfer of salaried employees
related to salary payment reports and special collectionPreparation of applications for change to special collectionPreparation of recipient-specific payment records for retirement allowances andother monies

Preparation of declarations related to retirement incomePreparation of declarations, written notices, and applications concerning
property accumulation savings for house construction and propertyaccumulation pension savings

Notifications concerning health insurance, employees’ pension, and corporate
pension

Notifications for a Category III insured person under the national pension

Applications and claims for health insurance, employees’ pension, andcorporate pension

Notifications regarding employment insurance and worker’s compensation
insuranceApplications and claims for employment insurance and worker’s compensation
insurancePreparation of certificates for employment insurance and worker’s
compensation insuranceFor Specific Personal Information, Etc. concerning persons other thanofficers and employees, including their dependent family members(includes processes related to those listed below):Preparation of payment records for compensation, fees, and other outlays

Preparation of payment records for salaries, compensation, pensions, and prizemonies paid to non-residentsPreparation of payment records for consideration paid to non-residents for
projects providing personal services

Preparation of payment records for real estate usage fees or the likePreparation of payment records for consideration of the acquisition of realestate or the likePreparation of payment records for commissions involving the sale or lease ofreal estate or the like

4. Matters Concerning Security Management Measures
DBJS will take necessary and appropriate measures to manage the security ofSpecific Personal Information, Etc. Security management measures for Specific
Personal Information, Etc. are set out separately in the “Rules on HandlingSpecific Personal Information, Etc.”

5. Contact Details for Inquiries
If you have any inquiries, complaints, or other communication regarding DBJS’
handling of Specific Personal Information, Etc., please contact us at the office
below.

Contact:

DBJ Singapore Limited
138 Market Street, #15-02 CapitaGreen, Singapore 048946
Tel: - +65-6221-1779