First in Japan: Kawasaki City and 19 Private Companies Join New Framework "KAWASAKI NATURE LOOP Global Platform"

Tokyu Fudosan Corporation (Headquarters: Shibuya-ku, Tokyo; President: Tatsuaki Tanaka; hereinafter "Tokyu Fudosan") will participate in the "KAWASAKI NATURE LOOP Global Platform" (hereinafter "the Platform"), a new framework established on July 8th by Kawasaki City in collaboration with 19 private companies located within the city, aiming to create a sustainable positive cycle where nature and urban development grow together. The Platform is the first initiative of its kind in Japan to focus on discussions regarding the evaluation of greenery and biodiversity.

New Framework Established Through Collaboration with 19 Companies in the City Towards Realizing Nature Positive "KAWASAKI NATURE LOOP Global Platform" Established (at Kawasaki City Hall)

Background and Objectives for Establishing the "KAWASAKI NATURE LOOP Global Platform"

Stable socioeconomic development requires mitigating climate change risks. Alongside decarbonization and resource circulation, there is a growing global interest in biodiversity as a means to solve societal issues by leveraging the functions of natural ecosystems. Amidst the expansion of ESG investment, companies are increasingly disclosing information related to nature.

Kawasaki City has set forth a "Vision for Greenery" that outlines its direction for the next 100 years, aiming to address regional and global environmental challenges such as nature positive (ecological restoration) and climate change response. In line with this objective, the Platform has been established through collaboration with 19 companies, including Tokyu Fudosan, who have endorsed this initiative.

This initiative will challenge the "visualization of greenery and biodiversity" as a municipality for the first time, aiming to lead a positive cycle that is recognized globally. Furthermore, discussions here will be developed into a comprehensive initiative where diverse stakeholders such as citizens, companies, organizations, universities, and financial institutions can voluntarily participate.

* For details on the "KAWASAKI NATURE LOOP Global Platform," please refer to the separate document "About the KAWASAKI NATURE LOOP Global Platform" prepared by Kawasaki City.

Background of Tokyu Fudosan's Participation and Future Development

In addition to collaboration on events related to Kawasaki City's 100th Anniversary, our company has been strengthening its collaboration with Kawasaki City in urban development, including participation in the Kawasaki City Public-Private Partnership Comprehensive Liaison Office "Colors, Future! Actions Promotion Committee," established by Kawasaki City to further strengthen public-private collaboration and promote initiatives for "solving social issues" and "creating new value."

Through participation in this Platform, we will contribute to the realization of advanced urban development by leveraging our expertise in urban development as an environmentally advanced company, in collaboration with Kawasaki City and the companies participating in this initiative.

Environmentally Advanced Initiatives Aimed for in the Long-Term Vision "GROUP VISION 2030"

Tokyu Fudosan Holdings announced its long-term vision "GROUP VISION 2030" in 2021. With the slogan "WE ARE GREEN," expressing our commitment to realizing our desired state in 2030 through the power of diverse greenery, we have set "Environmental Management" and "DX" as company-wide policies.

As a core company, Tokyu Fudosan is working to solve three environmental challenges – "decarbonized society," "circular economy," and "biodiversity" – and to solve societal issues by improving area value through sustainable urban development, as an environmentally advanced company.

About Tokyu Fudosan Holdings "GROUP VISION 2030"

https://www.tokyu-fudosan-hd.co.jp/group-vision-2030/

About Tokyu Fudosan Holdings "Mid-Term Management Plan 2030"

https://www.tokyu-fudosan-hd.co.jp/ir/mgtpolicy/mid-term-plan