Sun Frontier Fudousan : Support for the TCFD (Task Force on Climate Change Related Information Disclosure)

June 21, 2022

Company name: Sun Frontier Fudousan Co., Ltd.

Representative: Seiichi Saito, President and Representative Director (Stock Code: 8934, TSE Prime Market) Inquiries: Takeshi Hirahara,

Executive Officer and General Manager of Corporate Planning Department

TEL: [phone]

Support for the TCFD (Task Force on Climate Change Related Information Disclosure)

recommendations and

Notice Concerning Participation in the TCFD Consortium

Sun Frontier Fudousan Co., Ltd. (the "Company") hereby has announced that the company supports for the TCFD (Climate-Related Financial Disclosure Task Force) (*1) recommendations and has participated in the TCFD Consortium (*2), a forum for discussion among participating companies and financial institutions.

Since its foundation, the Company has been developing a business centered on the real estate revitalization business with our corporate philosophy reducing the waste of resources and contributing to the lasting prosperity of humankind, animals and plants on the earth. Those three key sustainability issues the Company must address are "environmental protection," "regional revitalization," and "human resource development." We have been promoting activities aimed at contributing to the realization of a sustainable society and increasing corporate value over the medium to long term.

The Company has announced its support for the TCFD recommendations and joined the TCFD Consortium to further enhance our disclosure of information and help investors understand our initiatives. In the future, the Company will promote voluntary and proactive information disclosure based on the recommendations.

Status of promotion of sustainability and ESG-related information will be announced on the "Sustainability" https://www.sunfrt.co.jp/en/sustainability/ on our website.

* 1 TCFD (Task Force on Climate-related Financial CFD)

In response to the G20's request, the Financial Stability Board (FSB), an international organization that includes central banks and financial regulators from selected countries, set up a project team in 2015 to examine how to disclose the climate-related information and to address the climate-related issues by financial institutions. The project team recommend that companies disclose climate- related information that has financial implications for their initiatives in four areas: governance, strategy, risk management, and indicators and targets.

* 2 TCFD Consortium

It was established in 2019 in Japan as a forum for discussions on effective disclosure of corporate information and initiatives where disclosed information leads to appropriate investment decisions by financial institutions. Companies and financial institutions that support the TCFD recommendations are promoting initiatives.