Takasago International Corporation announces it has been included in Morningstar Japan ex-REIT Gender Diversity Tilt Index (Morningstar Index) as the highest tier, Gender Equality Score Group 1.

Morningstar Index's ratings are designed to emphasize the stocks of companies that have strong gender diversity policies embedded in their corporate culture and that ensure equal opportunities to employees, irrespective of their gender. This is achieved by considering categories such as gender balance in leadership & employee, equal compensation & work-life balance, policies promoting gender equality, and commitment, transparency, & accountability. It is adopted as an ESG index for Japanese equities by GPIF (Government Pension Investment Fund), which manages Japan's public pension funds.

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For more information about the indexes, please refer to Morningstar website.
https://indexes.morningstar.com/gender-diversity-indexes

Morningstar, Inc., and/or one of its affiliated companies(individually and collectively, “Morningstar”) has authorized Takasago International Corporation to use of the Morningstar® Japan ex-REIT Gender Diversity Tilt Index Logo (“Logo”) to reflect the fact that, for the designated ranking period, Takasago International Corporation ranks within the top group of companies comprising the Morningstar® Japan ex-REIT Gender Diversity Tilt Index (“Index”) on the issue of gender diversityin the workplace. Morningstar is making the Logo available for use by Takasago International Corporation solely for informational purposes. Takasago International Corporation’s use of the Logo should not be construed as an endorsement by Morningstar of Takasago International Corporation or as a recommendation, offer or solicitation to purchase, sell or underwrite any security associated with Takasago International Corporation. The Index is designed to reflect gender diversity in the workplace in Japan, but Morningstar does not guarantee the accuracy, completeness or timeliness of the Index or any data included in it. Morningstar makes no express or implied warranties regarding the Index or the Logo, and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the Index, any data included in it or the Logo. Without limiting any of the foregoing, in no event shall Morningstar or any of its third-party content providers have anyliabilityfor any damages(whether direct or indirect), arising from any party’s use or reliance on the Index or the Logo, even if Morningstar is notified of the possibility of such damages. The Morningstar name, Index name and the Logo are the trademarks or services marks of Morningstar, Inc. Past performance is no guarantee of future results.