...We would first like to emphasize that at OMRON, we understand the gravity of being compliant with export control rules and the responsibilities that entails. As a socially responsible cooperation that ties our corporate behavior with our mission to improve lives and contribute to a better society, OMRON considers corporate ethics and compliance to be one of the most important issues in our corporate management. As a result, we dedicate considerable resources to ensure that we conduct our business fully in compliance with applicable rules and regulations. As such, we do not sell, transfer, export, or re-export, directly or indirectly, any controlled or sanctioned goods to Russia or Iran. This prohibition also applies to the use of sold, transferred, exported and re-exported goods. Additionally, we do not participate in activities aimed at circumventing any applicable sanctions regulation. Our commitment extends to the specified goods, technology, and highpriority items outlined in such regulations.

As part of the high level of compliance management we strive for, we have also established publicly accessible internal policies such as the OMRON Group Sustainable Conduct Policies and the OMRON Group Rules for Ethical Conduct, that are geared towards all directors, employees, and contingent workers of the OMRON Group companies, and our suppliers. In addition to applicable with laws and regulations, we also act in accordance with these policies and rules with regard to a number of key business matters, including tied to export control and customs management...

In relation to specifically export control, we can share that the OMRON Group has established rules for security trade control under the OMRON Group Sustainable Conduct Policies for global compliance with the applicable international export control regimes. We have also established a strong management system to comply with these rules. The compliance program which summarizes the rules for security trade control, has been submitted to and accepted by the Ministry of Economy, Trade, and Industry in Japan. The different OMRON Group Rules that guide our conduct, including our OMRON Group Rules for Export Control, also stipulates strict management of security trade control.

Similarly, we ensure effective and efficient cross-regional and cross-departmental collaboration on the aforementioned topic, through initiatives such as the monthly Trade Compliance meeting with subject matter experts of all our different business companies, and weekly sessions with key stakeholders who come together to ensure compliance with export control laws and regulations and execute appropriate and relevant risk management activities...