RATINGS, AWARDS, AND RECOGNITIONMARUI GROUP established the IR Department in October 2015 and then the ESG Promotion Department
in October 2016 to enhance communication with institutional investors and information disclosure.
We have also identified the promotion of diversity and wellness (healthcare) management as key measures
under the medium-term management plan with the aim of improving corporate value.

More detailed information on these and other awards andrecognition can be found on the Company’s corporate website.
www.0101maruigroup.co.jp/en/ci/award/index.html

Global Socially Responsible Investment Indexes

MARUI GROUP has been selected for inclusion in the Dow Jones
Sustainability World Index for the third consecutive year, also claiming
the No. 1 spot in the retailing industry, and has also been included in theDow Jones Sustainability Asia Pacific Index for four consecutive years.

In RobecoSAM Sustainability Yearbook 2021, a compilation of companies
displaying excellence in terms of ESG initiatives and information disclosure,
MARUI GROUP was included in the Gold Class, building on its record ofinclusion in the Bronze Class in 2019 and the Silver Class in 2020.

MARUI GROUP has been included in the FTSE4Good Index Series,*1 a series
of indexes arranged by FTSE Russell that comprise companies meetingevaluation standards pertaining to ESG factors, for five consecutive years.

MARUI GROUP was included in the MSCI ESG Leaders Indexes,*2 an ESG stockindex with high global recognition.

MARUI GROUP was selected for inclusion in the SOMPO
Sustainability Index for four consecutive years. This index
is compiled by Sompo Asset Management Co., Ltd., andused in its SOMPO Sustainable Investment Fund, whichprioritizes ESG ratings by investigation firms.

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Four ESG Indexes Utilized by theGovernment Pension Investment FundMARUI GROUP has been included in the FTSE Blossom Japan Index for
five consecutive years. This ESG index is meant to reflect the performanceof Japanese companies that meet various ESG-related requirements, andindustry is therefore not considered when selecting companies for inclusion.

MARUI GROUP’s new greenhouse gas emissions reduction targets, which were established in September 2019,
have received certification from Science Based Targets,indicating that these targets are effective for keeping
global warming below 1.5°C above pre-industrial levels.

MARUI GROUP was chosen for inclusion in the Nadeshiko
Brand for the fourth consecutive year based on theevaluation of its efforts in supporting two-income households by helping both men and women succeed. Theseefforts include official Groupwide initiatives and thepromotion of inclusion in the workplace.

In 2020, MARUI GROUP CO., LTD., was included in theClimate A-List, which represents the highest evaluation
offered by CDP, for the third consecutive year in reflectionof its endorsement of the recommendations of the TCFD
and other initiatives to address climate change andpractice information disclosure of a level that is high evenviewed from a global perspective.

The Eruboshi certification system is a program throughwhich companies engaged in superior activities based on
the Act on the Promotion of Female Participation andCareer Advancement in the Workplace are recognized by
the Ministry of Health, Labour and Welfare. In 2020,MARUI GROUP was presented with a three-star rating.

STOXX Climate Change Leaders Index
MARUI GROUP was selected for inclusion in the STOXX Climate ChangeLeaders Index in 2019 and 2020. This index is one of a series of low-carbon
indexes developed in 2016 and the world’s first index to focus on inclusion ofcompanies featured on CDP’s Climate A-List.

MARUI GROUP was awarded with the highest rating ofgold in the PRIDE INDEX for the fifth consecutive year.
Our receipt of this recognition was based on our schemeof providing regular LGBTQ sensitivity training in video
format and our communication of initiatives related toindividuals and connections through the Inclusion Rally
section of MARUI GROUP’s community site.

MARUI GROUP was included in the MSCI Japan ESG Select Leaders Index*2for the fifth consecutive year. This ESG index comprises Japanese companies with relatively high MSCI ESG Ratings in each industry selected fromamong the top 700 companies in terms of market capitalization afterexcluding those companies with the lowest MSCI ESG Rating of CCC.

MARUI GROUP received the highest rank of A in theDevelopment Bank of Japan Inc.’s DBJ EnvironmentallyRated Loan Program based on the high evaluation of its
various initiatives for accomplishing its 2050 Vision.

CWO Dr. Reiko Kojima received the inclusion award in the2021 Forbes JAPAN WOMEN AWARD, a program sponsored by Forbes JAPAN designed to recognize women
forging their own path as well as companies fostering
female leaders and professionals.

For five consecutive years, MARUI GROUP has been included in the MSCIJapan Empowering Women Index,*2 an ESG index for Japanese stocks
consisting of companies that exhibit gender diversity excellence in eachindustry, based on the Global Industry Classification Standard, selected fromamong the top 700 companies in terms of market capitalization.

ESG Finance Awards Japan is a program developed by
Japan’s Ministry of the Environment for the purpose ofevaluating and recognizing companies engaging in ESG
finance and environmental sustainability management
initiatives. In 2021, MARUI GROUP was the only retailer toreceive a bronze award in the environmentally sustainable
company category of this award program.

MARUI GROUP was ranked 1st in the retail category in the2021 Awards for Excellence in Corporate Disclosure
presented by the Securities Analysts Association ofJapan. This ranking was a reflection of the Company’sefforts to enhance and promote non-financial disclosureof ESG and other information and to practice engagementfor improving corporate value.

For the fourth consecutive year, MARUI GROUP was included in the S&P/JPX
Carbon Efficient Index, which comprises companies included in the Tokyo
Stock Price Index selected through a process that entails overweighting or
underweighting companies in reflection of their disclosure of environmental
information and their carbon efficiency (carbon emissions per unit of revenue).

JPX-Nikkei Index 400
MARUI GROUP was included in the JPX-Nikkei Index 400, a stock price index
composed of companies with high appeal for investors that meet requirements of global investment standards, such as efficient use of capital andinvestor-focused management perspectives.

MARUI GROUP received an award of excellence in thespecial renewable energy proliferation category of theGreen Purchasing Award program out of reflection of its
contributions to the expansion of green purchasing
markets through initiatives such as the introduction ofrenewable energy and the issuance of the first green
bonds to be offered by a Japanese retailer.

Recognition as Excellent Integrated Report
MARUI GROUP’s co-creation management reports have been recognized as
excellent integrated reports for five consecutive years by institutions towhich the Government Pension Investment Fund outsources the management of domestic securities. Reasons for the selection of Co-Creation
Management Report 2020 include the high evaluation of its outstanding
disclosure regarding stakeholders.

MARUI GROUP was included in the Health & Productivity
Stock Selection for the fourth consecutive year in 2021,
recognizing it as a company that is strategically addressing employee health and productivity management issues
based on a management perspective. The Company wasrated highly for its wellness management initiatives.

*1 FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms thatMARUI GROUP CO., LTD. has been independently assessed according to the FTSE4Good criteria, and has
satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global
index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance ofcompanies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good
indices are used by a wide variety of market participants to create and assess responsible investment fundsand other products.
*2 THE INCLUSION OF MARUI GROUP CO., LTD. IN ANY MSCI INDEX, AND THE USE OF MSCI LOGOS,TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP,ENDORSEMENT OR PROMOTION OF MARUI GROUP CO., LTD. BY MSCI OR ANY OF ITS AFFILIATES. THEMSCI INDEXES ARE THE EXCLUSIVE PROPERTY OF MSCI. MSCI AND THE MSCI INDEX NAMES AND LOGOSARE TRADEMARKS OR SERVICE MARKS OF MSCI OR ITS AFFILIATES.

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