The Meiden Group’s Human Right’s Policy
Introduction
Since its founding, the Meiden Group has contributed to the sustainable development of society bycreating and providing various technologies, products, and services with a focus on electricalequipment that supports longstanding social infrastructure. In pursuit of monozukuri that contributes
to society with a view to the future, our business domain has been expanding greatly, both in Japanand globally.
At the Meiden Group, respect for human rights is the foundation of our corporate activities to realize
our Corporate Philosophies of “Illuminating a more affluent tomorrow” and “For customer peace ofmind and satisfaction.” We are committed to people’s happiness and the realization of a sustainable
society through our business activities, and comply with international human rights standards
clarified in the Meiden Group Corporate Code of Conduct. We identify, prevent, and mitigate humanrights risks and impacts arising from our activities, including those in the supply chain, and continue
to account for how we address them.

Our Practice of Respect for Human Rights
At the Meiden Group, we respect various international standards on human rights, and strive toprevent, mitigate, and/or avoid contributing to adverse impacts on human rights based on anunderstanding that our business activities may directly or indirectly affect the human rights of all
people involved in our value chain, including research and development, procurement,manufacturing, and use and disposal of products and services, as well as the members of localcommunities. If any adverse human rights impacts arise in our business activities, we will takeappropriate measures to correct them.
The Meiden Group understands and supports various international standards on human rights,
including the International Bill of Human Rights, the UN Guiding Principles on Business andHuman Rights, the ILO Declaration on Fundamental Principles and Rights at Work, and theChildren's Rights and Business Principles among others, and respects human rights by complying
with the laws and regulations of respective countries and regions. In the unlikely event that there is a
conflict between internationally recognized human rights and the laws and regulations of a country
or region, we will seek ways to respect internationally recognized human rights to the greatest extent
possible.
We do not tolerate human trafficking or modern slavery in any form. We respect the freedom ofchoice of occupation and do not permit forced labor.

We prohibit the labor of children under the minimum working age in accordance with the laws

and regulations of respective countries and regions. We also do not allow young workers toengage in hazardous work.
We properly manage the working hours and holidays of employees, and comply with the legal
minimum wage while giving consideration to payment that exceeds a living wage, inaccordance with the laws and regulations of respective countries and regions.

We pay fair wages to our employees based on the principle of equal pay for work of equalvalue.

We prohibit inhumane treatment of employees, including mental and physical aggression andharassment.

We do not engage in discrimination based on gender, sexual orientation, age, nationality, race,ethnicity, ideology, creed, religion, social status, family origin, disease, disability, or otherfactors, or engage in any conduct that violates individual dignity.

We engage in dialogue with workers to respect their rights to freedom of association andcollective bargaining. Where the rights to freedom of association and collective bargaining arerestricted by the laws and regulations of respective countries and regions, we seek ways torespect internationally recognized rights through alternatives to dialogue.

Scope of Application of the Meiden Group’s Human Rights Policy
The Meiden Group’s Human Rights Policy applies to all directors and employees of the Meiden
Group, including associate, part-time, contract, and temporary employees.
We also work with all business partners and suppliers to promote respect for human rights byencouraging their understanding and support of this policy, and their adoption of a similar policy.

Ongoing Implementation of Human Rights Due Diligence
We regularly assess potential adverse human rights impacts arising from the activities of the Meiden
Group and identify salient human rights issues through the continuous implementation of humanrights due diligence. We also promote initiatives to prevent or mitigate these issues.
When necessary, the Meiden Group gives priority to initiatives that address issues causing the mostsignificant adverse impacts on stakeholders involved in the Meiden Group’s business.

Remedies and Corrections
Should it become evident that the Meiden Group's business activities cause or contribute to adverse
impacts on human rights, we will provide appropriate remedies to those affected.
The Meiden Group has established an internal reporting desk for consultation on and reporting ofconcerns related to its business activities. Information including the name of the informant is strictly
managed by the internal reporting desk, and we are working to improve the reliability of thereporting system by ensuring impartial responses to reports received. The Meiden Group views thereporting of issues or concerns to the internal reporting desk as an important means of protecting theintegrity of the Group, and will continue to implement improvements in order to achieve an effective
reporting system where there is no disadvantageous treatment of informants.

Dialogue with Stakeholders
The Meiden Group will deepen its efforts to respect human rights through dialogue and consultation
with all stakeholders on human rights issues related to potential and apparent adverse impacts onhuman rights.
We also contribute to the creation of inclusive societies in the countries and regions where weconduct business activities by providing self-reliance support to vulnerable social groups incooperation with our diverse stakeholders.

Disclosure of Information
The Meiden Group discloses its efforts to respect human rights and the implementation status ofhuman rights due diligence on its website and in its annual reports.
We establish monitoring indicators and regularly report on the progress of addressing risks identified
through human rights due diligence.

Fostering and Spreading Awareness of Respect for Human RightsTo ensure that this policy permeates and takes root throughout our corporate activities, we provide
education and training necessary to practice respect for human rights to all directors and employeesof the Meiden Group, including associate, part-time, contract, and temporary employees. We also
work to promote understanding and dissemination of this policy among our business partners.

The Meiden Group will periodically review this policy according to changes in the social
environment and dialogue with our stakeholders, and further enhance our efforts to respect humanrights.

Established 7/1/2022

President and Executive Officer

Takeshi Miida