[Tokyo Metro] Issuance of 'Green Bonds' Planned

Tokyo Metro Co., Ltd. (Headquarters: Taito-ku, Tokyo; President: Akihiro Kosaka; hereinafter 'Tokyo Metro') will issue its third 'Green Bonds' in May 2026, following issuances in March 2024 and May 2025, to further promote initiatives for climate change mitigation and resource circulation throughout the Group. Given that its primary business, railway operation, consumes a significant amount of electricity, Tokyo Metro has identified 'Realization of a Decarbonized and Circular Society' as one of its sustainability material issues and is strengthening its efforts regarding climate change. By reducing CO2 emissions through the use of advanced technology and renewable energy, the company aims to make railways an even more environmentally friendly means of transport. Simultaneously, it will contribute to solving environmental problems by ensuring safe and stable transport, improving convenience, and promoting the use of public transportation. The purpose of the green bond issuance is to increase stakeholder awareness of the Tokyo Metro Group's sustainability material issues and to contribute to the achievement of SDGs alongside stakeholders by allocating the funds raised to measures that help solve environmental problems. Details are as follows: 'Green Bond' Details 1. Issuance Overview Planned for May 2026. 2. Green Bond Framework This framework has been developed based on the Green Bond Principles (GBP) 2025 established by the International Capital Market Association (ICMA) and the Green Bond Guidelines 2024 established by the Ministry of the Environment of Japan. The eligibility criteria for green projects set in the framework are as follows: [Link to Framework PDF] 3. Acquisition of Third-Party Evaluation (Second-Party Opinion) Regarding the alignment of this framework with the principles, etc., a second-party opinion has been obtained from Rating and Investment Information, Inc. (R&I), a third-party evaluation agency. [Link to R&I Opinion PDF] Tokyo Metro Group Value Creation Process In the medium-term management plan 'Run! ~Fly to the Next Generation~', the company aims to realize its vision of 'The next "Normal" and "Excitement"' by providing value created through solving sustainability material issues through business activities. Tokyo Metro Group Long-term Environmental Goal 'Metro CO2 Zero Challenge 2050' The Group has set a goal of 'Net Zero by Fiscal 2050' in its long-term environmental goal 'Metro CO2 Zero Challenge 2050'. For fiscal 2025, new reduction targets for fiscal 2035 (-60%) and fiscal 2040 (-73%) compared to fiscal 2013 have been set based on the government's new Nationally Determined Contribution (NDC). Almost all of the Group's CO2 emissions are electricity-derived. To achieve long-term goals, the company will reduce electricity-derived CO2 emissions by further promoting existing energy-saving measures and advancing a large-scale shift to renewable energy. CO2 emissions from fuels other than electricity are planned to be offset using credits, etc. Details of these initiatives can be found on our website. URL: https://www.tokyometro.jp/corporate/csr/index.html