Nitto Denko Corporation (headquarter: Osaka, Japan; President: Hideo Takasaki; hereinafter Nitto), aiming to conserve biodiversity, is pleased to announce its support for the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD^*1), and its commitment to disclosing nature-related financial information in alignment with the TNFD framework. Nitto has also registered as a TNFD Adopter.

The Nitto Group regards conserving biodiversity as one of its key environmental challenges in pursuit of a sustainable environment and society. We consider contributing to a nature-positive^*2 future to be an important social responsibility. In line with this commitment, we have adopted the LEAP^*3 approach recommended by the Taskforce on Nature-related Financial Disclosures (TNFD) to assess the dependencies and impacts of our business activities on nature^*4, as well as to identify related risks and opportunities. Based on these assessments, we disclose nature-related financial information in accordance with the TNFD framework^*5. Moving forward, we will implement measures to mitigate identified risks and enhance opportunities.

The Nitto Group is committed to balancing the resolution of social issues with the creation of economic value. We will continue to engage in constructive dialogue with our stakeholders and strive to ensure highly transparent information disclosure.

• *1 An international initiative that provides a framework for organizations to identify their dependencies and impacts on nature, as well as related risks and opportunities, and to disclose this information as part of their financial reporting.
• *2 A global goal to halt biodiversity loss and put nature on a path to recovery.
• *3 An integrated approach for assessing nature-related issues, consisting of four steps: Locate, Evaluate, Assess, and Prepare.
• *4 Includes natural capital and biodiversity.
• *5 Refer to below LINK
  https://www.nitto.com/jp/en/sustainability/infocus/TNFD/