Contributing to the Achievement of a Sustainable Society through Business and Technology Innovation.

We believe it is our social responsibility to contribute solutions to social issues through our business activities, including solutions addressing climate change and human rights.

Beginning in the previous fiscal year, we placed greater emphasis on ESG-focused management, focusing primarily on (1) Strengthening our technological capabilities; (2) Fostering a global mindset; and (3) Pursuing management that makes the most of our people (HITO). We intend to create new businesses even more rapidly, supported by these three initiatives.

To this end, we reorganized our business group structure into three brand businesses and two device businesses. Our brand businesses consist of Smart Life & Energy, Smart Office, and Universal Network, while our device businesses consist of Display Device and Electronic Device. In addition, we established organizations specializing in new business development under the umbrella of each of these businesses.

We also established a new Incubation Committee and Innovation Committee to strengthen our technological capabilities further.

The Sharp organization intends to work together as One SHARP, developing innovative technologies and devices that embody our ambition to be a game changer, creating uniquely Sharp innovations across multiple fields, including life and work styles. Our aim is to redefine SHARP as a powerful corporate brand representing a company closest to people and society, constantly proposing new value.

In May 2023, we established the Sustainability Committee, chaired by me. We are stepping up our efforts to create a sustainable society, and this committee will play a central role in delivering on medium-term environmental goals to ensure we achieve the SHARP Eco Vision 2050, which includes our commitment to achieve net zero CO₂ emissions from Sharp business activities.

At the same time, we are accelerating initiatives to solve global social issues effectively. In 2009, we signed the United Nations Global Compact. As a participant in this compact, we continue to support the 10 principles related to human rights, labor, the environment, and anti-corruption. We also share the vision and mission of the Responsible Business Alliance (RBA)^*, which we joined in 2021, across the Sharp Group.

As we state in our Business Philosophy, our future prosperity is directly linked to the prosperity of our customers, dealers, shareholders...indeed the entire Sharp family. We strive for ESG-focused management in unison with our stakeholders, contributing to the achievement of the SDGs and the creation of a sustainable, better world that leaves no one behind.

• * A non-profit organization that promotes social responsibility in the global supply chain.

October 2023