Build up ways of living for the future by everyone's heart.

Every action of every person, for a sustainable future.

We at AEON MALL move forward, step by step, toward the creation of sustainable societies.

Safe and secure facilities at all times. Supporting healthy and active lifestyles.

Communicating the traditions and culture unique to each area. Living in harmony with nature in an environmentally friendly way.

Every person at AEON MALL is a Life Design Developer. We do everything we can for our communities and take on the challenge of new initiatives.

And we will continue to strive for a sustainable future by working together with all people involved in AEON MALL, including members of the local community and employees of specialty store tenants.

2 AEON MALL ESG Report 2022

AEON MALL ESG Report 2022 3

Basic

Philosophy

Management

Philosophy

Our Vision

Management

Vision

Corporate Slogan

Customer first

AEON MALL is a Life Design Developer that works with communities and produces ways of living for the future.

Becoming a company that will touch the hearts of 5 billion visitors throughout Asia

Sharing a sense

of lively participation

6

TOP MESSAGE

30

Diversity and work-style reform

8

In order to realize Life Design Developer

34

Promote Responsible Business

10

It is our employees who create the

38

The Latest Domestic Mall Trends

future societies and values to which

AEON MALL aspires by the year 2030

40

The Latest Overseas Mall Trends

12

Special Feature: Preventing Infectious

42

Certification, Evaluation, and

Diseases

Contents

Recognitions by External Organizations

14

Set the subjects that AEON MALL

44

Supplementary data

should work on

16

Developing community and social

46

AEON MALL Data

infrastructures

51 AEON MALL Guiding Principles for

22

Building Bridges to Local Communities

Addressing Social Issues

26

Environment

Corporate Profile

About this Report

Company Name

AEON MALL Co., Ltd.

Date Established

November 1911

Capital Stock

42,374 million yen (as of the end of February 2022)

Business Activities

Large scale community development and shopping mall development and operation

Real estate sales, lease, brokerage [Minister of Land, Infrastructure and Transport (3)

No. 7682]

Number of Employees 5,338 (as of the end of February 2022)

Editorial policy

This booklet has been produced for better understanding for our business development

with actual case examples.

We introduce case examples as specifically as possible from among our corporate

activities in FY2021.

Organizations

AEON MALL Co., Ltd.

Includes group companies and facilities / Regarding Environmental index exclude 49

malls that AEON MALL Co., Ltd. entrusted by AEON Retail Co., Ltd., mozo wondercity,

Kobe Harborland umie, QUALITE PRIX, AEON SENRITO SENMONKAN and OPA's

commercial facilities.

Reporting Period

From March 1, 2021 to February 28, 2022

Notice shall be given regarding information outside reporting period on each occasion.

Positions of employees are as of the end of February 2022.

Publication

June 2022

SDGs (Sustainable Development Goals)

Along with our ISO26000 CSR (Corporate Social Responsibility), we are also working on SDGs (Sustainable Development Goals) which consists of 17 articles for sustainable goals which are described in Transforming our world: the 2030 Agenda for Sustainable Development that was adopted as

a development goal of the entire international community at the United Nations Summit held in September 2015.

This report introduces AEON MALL's efforts on these development goals with a description of respective marks.

4

AEON MALL ESG Report 2022

AEON MALL ESG Report 2022

5

TOP MESSAGE

AEON MALL Hakusan (Ishikawa Prefecture)

We are committed to creating value only available through brick-and-mortar malls.

At the same time, we strive to solve local community and social issues.

AEON MALL Co., Ltd. President and CEO

Yasutsugu Iwamura

As a core company of the AEON Group, we develop and operate commercial facilities. As of the end of February 2022, we operate a total of 196 locations in Japan, China, and ASEAN, and as a Life Design Developer, we are involved deeply in the daily lives of local residents whose patronage we enjoy. As a company that operates large-scale facilities, we strive ceaselessly to provide a safe and comfortable environment for local residents and employees working at our facilities. This is particularly true amidst an increasing number of serious disasters such as the COVID-19 pandemic, abnormal weather caused by climate change, and earthquakes.

In today's rapidly changing social environment, lifestyles are changing in dramatic ways. In this environment, we use digital

technology to analyze changes in customer consumption and purchasing behavior. This technology helps us maximize the value of the customer experience as brick- and-mortar malls, while taking into account customer lifetime value. Our entire company backs the Happiness Mall concept, creating spaces of happiness not only for our customers, but also for local communities. In these spaces, we support healthy lifestyles and enrich the quality of life, helping energize customers and create smiles when they visit with their beloved families and friend.

In addition, we endeavor for social value and economic value as a sustainable company, contributing to sustainable societies. To this end, we pursue Heartful Sustainable

in our activities that contribute to the development and revitalization of local community societies. We also strive to create an organization in which every employee share in the "why" of AEON MALL, deciding for themselves what they can do for us to achieve the essence of ESG management practices.

This document reports on our activities during FY 2021, along with the thoughts of our employees in connection with the Important Subjects (Materiality) we have established for AEON MALL. We hope you read this report and continue to support and cooperate with the AEON MALL Group.

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AEON MALL ESG Report 2022

7

Management

AEON MALL is a Life Design Developer that works with communities and produces ways of living for the future.

Philosophy

The Ideal Future

To create a sustainable future for people,

of AEON MALL

society, and the Earth

The Heartful, Sustainable initiative is created under the Management Philosophy of Life Design Developer and refers to the measures that we take as an enterprise citizen to contribute to and revitalize local community and society, with the goal of realizing sustainable society. The Company will work with customers, local community and society, partner enterprises, shareholders and investors together to build a better society.

We created badges using the Heartful Sustainable logo, distributing the badges to all employees to create a sense of ownership in the development and operation of our malls, as well as to foster an awareness of the need to create sustainable societies. We chose thinned wood as the material used for the badge in consideration of the environment. This effective use of wood maintains healthy forests and encourages the growth of trees.

For the safety and security of all

Measures against

Circular economy

infectious diseases

Earth

Resource circulation

P12~

mechanisms

Apply to disaster

Society

P26~

prevention sites

P16~

People

AEON MALL means excitement

The Ideal Mall

AEON MALL means happy faces

The Happiness Mall and you

A new vision of the future for our communities

Whether it's just another day or a special occasion,

we always draw closer to

our communities and create personal connections.

AEON MALL creates experiences that lead to fond memories.

A place of happiness.

The Happiness Mall and you.

Decarbonized

societies

Energy conservation

in facilities

P28~

Every other initiative that contributes to Local community societies

See our corporate website for more details. https://www.aeonmall.com/business/SDGs.html

Biodiversity

Protection of

the rich natural environment

P29

HEALTH & WELLNESS

EXPERIENCE

Abundant lives, with health

New experiences through

in body and mind

live and digital interactions

The secret of healthis

The real educationis

AEON MALL.

outside the classroom.

HEALTH

&

EXPERIENCE

WELLNESS

COMMUNITY

SUSTAINABILITY

Co-creation with customers, store association

Long-term

members, local governments, and other companies

sustainability

At AEON MALL,

What we offer

time passesin

the futureis surprisingly

the blink of an eye.

close at hand.

COMMUNITY

SUSTAINABILITY

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AEON MALL ESG Report 2022

AEON MALL ESG Report 2022

9

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Aeon Mall Co. Ltd. published this content on 17 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2022 08:18:04 UTC.