Press Release

EIZO Constructs a New Logistics Building with Net-Zero CO2Emissions
Hakusan, Japan, March 2, 2023 – EIZO
Corporation (TSE: 6737) announced thecompletion of a new logistics building at its
head office in Japan. The new logistics
building
isdesigned
toreduce
environmental impact, with solar panels
installed across the entire rooftop. Thispower system has the capacity to generate
more electricity than the new logistics
building will use annually, resulting invirtually zero CO2 emissions.

EIZO has been implementing strategic inventory management and procurement measures since
before the COVID-19 pandemic caused supply chain disruptions. This allowed EIZO to ensure stablesupply of its products to customers despite the challenges surrounding the global supply chain. With
the new logistics building, EIZO will streamline logistics activities while striving to further its stablesupple system initiatives by consolidating materials and products which were previously dispersedand stored in external warehouses. The shift to the new facilities will also reduce greenhouse gas
emissions, with a forecasted reduction of approximately 58 tons per year for the distribution processalone.

In response to climate change, EIZO aims to reduce its greenhouse gas emissions by 70% by FY2030(compared to FY 2019)1. As part of these efforts, a solar power generation system based on the onsite PPA model2 was installed covering the rooftop of the new logistics building. The system isexpected to generate approximately 400,000 kWh of electricity per year, resulting in a reduction ofCO2 emissions by approximately 163 tons per year compared to general thermal power. Since thesolar power generation system has the capacity to generate more electricity than the annualelectricity consumption of the new logistics building, surplus power will be effectively utilized by theother plants and office buildings on the premises.
-ends-About EIZO
EIZO (TSE:6737), which means image in Japanese, is a visual technology company that develops andmanufactures high-end visual solutions to enrich people in their professional and personal lives.
EIZO offers total imaging solutions with a range of monitors, software, video capture, processing,and distribution solutions, cameras, and advanced integrated technologies, to meet the specialized
needs of customers in business, creative fields, healthcare, air traffic control, maritime, security &surveillance, and more. Headquartered in Hakusan, Japan, EIZO has R&D and manufacturing
facilities in Japan, China, Germany, and the United States, and representation in more than 120countries.
1 This target has received SBT certification from the SBT Initiative on 1 July 2022.

Press Release

2 On-site PPA model: Power Purchase Agreement model. The electricity consumer provides the PPA operator with asite, roof or other space, and the PPA operator installs, operates and maintains the power generation equipment
free of charge. At the same time, the PPA operator reads the meter and bills the customer for its own consumptionof the electricity generated, and the customer pays the electricity charges. The PPA project is funded by a subsidy
from the Ministry of the Environment's 2021 supplementary budget for a project to reduce the price of solar power
generation equipment in order to achieve storage parity (subsidy for carbon dioxide emission control measures),which is part of the Project to Promote Regional Renewable Energy Mainstreaming and Resilience Enhancement
through PPA Use, etc. The subsidy has been utilized.
EIZO and the EIZO Logo are registered trademarks of EIZO Corporation in Japan and other countries. All othercompany names, product names, and logos are trademarks or registered trademarks of their respective owners.