Our comments on the report you sent are as follows. Additionally, we are providing the Japanese text for your reference.

• Due to confidentiality concerns, we would like to refrain from commenting on individual transactions.
• MUFG recognizes that the environmental and social risks arising from the business activities of each group company are important management issue to be addressed appropriately. Based on this recognition, we established MUFG Environmental and Social Policy Framework in 2018 as a framework to cease, prevent, and mitigate adverse impacts on environment and society, including human rights issues, in the process of providing financing for corporate customers. MUFG Environmental and Social Policy Framework is regularly deliberated at the Sustainability Committee for its revision, and is revised as necessary based on changes in business activities, business environment, and dialogue with stakeholders, and to comply with state and local laws. In addition, large scale infrastructure development, resource development, etc. may have adverse impacts on the project sites and the surrounding communities and natural environment. In accordance with the Equator Principles, the Bank identifies risks and impacts on the environment and society, including the status of human rights considerations in the business of the borrowers and confirms the mitigation measures taken by them.
• MUFG implements due diligence in accordance with MUFG Environmental and Social Policy Framework and the Equator Principles when any human rights issues are detected with a borrower / investee. If any concern about human rights issues is confirmed, MUFG checks the status of response by the borrower / investee and conducts stakeholder engagement and monitoring as necessary to ensure that corrective actions or recurrence prevention measures will be taken.
• For detailed information on our initiatives respecting human rights, please refer to our website and Human Rights Report.

https://www.mufg.jp/english/csr/social/humanrights/index.html

https://www.mufg.jp/english/csr/report/humanrights/index.html