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Disclosure

24 Mar 2022

Author:
Marubeni

Marubeni statement

24 March 2022

With a view to contributing to achieving the goals set out in the SDGs and building a sustainable society, we are fully committed to respecting the human rights of stakeholders who are related to the Marubeni Group’s business and to closely monitoring relevant circumstances. We view it as an important social responsibility for the Marubeni Group to institute corrective measures to provide redress in cases where our business activities have been involved with adverse impacts in human rights terms. By fulfilling this social obligation, we see respect for human rights through our business activities as part of the sustained creation of value.

Since we consider the above our commitment to respecting human rights being materially important for us conducting our business activities and for stakeholders, we identified “Human Rights & Co-development with Communities” as one of four Environmental and Social Materiality. As part of our initiatives to respect human rights, we have included the three basic principles of the United Nations’ “Guiding Principles on Business and Human Rights: 1) respect for human rights, 2) due diligence on human rights and 3) redress” in Marubeni Group’s “Basic Policy on Human Rights (https://www.marubeni.com/en/sustainability/social/human_rights/)”.

We are involved in various import/export trade and investment businesses both in Ukraine and Russia. We established liaison offices in Kyiv in 1997, Moscow in 1968, Khabarovsk in 1990, Yuzhno-Sakhalinsk in 1998, and Vladivostok in 2010.

We are endeavoring to fulfill our commitment to respect human rights in accordance with our “Basic Policy on Human Rights” both in Ukraine and Russia.

21 April 2022

...We will continue to monitor and strictly comply with all sanctions imposed on Russia by the Japanese government in cooperation with the international community. Furthermore, we will not engage in any new Russia-related business, and we will negotiate terminations of existing transactions wherever possible.

As we continue to gather information and carefully examine the situation, including responses to individual projects, we will take appropriate measures consulting with related parties, including government entities, while keeping the safety of people worldwide our top priority.

(*The above statement is available on our corporate website as below: https://www.marubeni.com/en/news/2022/release/00038.html )

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