JVCKENWOOD Corporation Recognized for ESG Excellence

JVCKENWOOD Corporation (“JVCKENWOOD”) has been selected as a constituent of the FTSE Blossom Japan Index for five consecutive years, and the FTSE Blossom Japan Sector Relative Index for four consecutive years; the investment indices are designed to measure the performance of Japanese companies that demonstrate outstanding Environmental, Social and Governance (ESG) practices. JVCKENWOOD has achieved the highest ESG score of 4.9 among the Japanese companies selected this time, with five companies including the Company attaining this score.

Both indices are used as important investment criteria by investors around the world who place importance on corporate ESG initiatives, such as by the General Pension Investment Fund (GPIF) which operates Japan's public pension program, as one of its ESG investment criteria.

As part of its sustainability strategy, the Group has continuously enhanced its ESG initiatives and expanded related disclosures. This selection is the result of a comprehensive evaluation of these efforts.

Sustainability Initiatives of JVCKENWOOD Group

Based on the corporate philosophy of "Creating excitement and peace of mind for the people of the world," the Group promotes sustainability management with dual principles of "profitable growth" and "solving social issues on a global scale." The Group aims to maximize corporate value and contribute to society by continuing to create products and services that solve various social issues through its business. As part of this effort, a Sustainability Committee chaired by the CEO has been established, with three subcommittees under its umbrella. These bodies advance initiatives across various ESG aspects, including formulating sustainability strategies, addressing climate change, promoting supplier engagement, responding to human rights risks, and strengthening corporate governance, risk management, and compliance. The Group will continue to promote sustainability management activities to meet the expectations of all stakeholders and help realize a society in which everyone can live a safe and secure life.