matters 7 A Global Issue The government’s climate target of 20% below business-as-usual in 2030 is not in line with a 1.5°C Pathway, instead projected for a 4°C increase. Asian Carbon Dioxide Emissions

“business-as-usual” assumptions. • A scenario describes a pathway of development leading to a particular outcome. • Scenario analysis is a tool to enhance critical strategic thinking and should be understood

for the distribution of 3rd party products was 8.7%, a decrease from 10.8%. The margin variation mainly due to the product variety among this group as a usual of the trading business conduction under

. Net Profits from Usual Operation Criteria Cannot be calculated, as the Company’s net profit is negative. 3. Total Value of Consideration Criteria Page 3 Total Value of Consideration = (Paid or received

business as usual due to easing lockdown measure from their governments. Market P2F natural fatty alcohols in 2Q2020 was at 353 USD/ton, an increase of 7% from previous quarter driven by improvement of

as usual’ trajectory; (ii) be compared to a benchmark or an external reference, where possible; (iii) be consistent with the Issuer’s overall strategic sustainability/ESG strategy; and (iv) be

the following powers: (1) to enter the fund’s office or the fund manager’s office to examine the business, assets and liabilities of the fund during usual working hours: (2) to order the fund committee

or the fund manager’s office to examine the business, assets and liabilities of the fund during usual working hours: (2) to order the fund committee members, the fund manager or the fund’s officers who

in target setting relates separately to interim or long-term targets, the process for updating the climate action plan, and how it departs from business as usual. Implement processes to review and

as, demand from air travel that increased after the typhoons subsided. However, Jet fuel stock in Japan was at a high level, coupled with warmer than usual weather, leaving demands for Kerosene lower