News Release

Company name:

H.U. Group Holdings, Inc.

Representative:

Shigekazu Takeuchi, Director, President

and Group CEO

Securities code:

4544 First Section, Tokyo Stock

Exchange

Support for the Recommendations of the Task Force on Climate-related Financial

Disclosures (TCFD) and Joining the Japan TCFD Consortium

Tokyo, Japan, November 9, 2021 --- H.U. Group Holdings Inc. today announced that it has publicly declared its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD*1) - established by the Financial Stability Board (FSB) - and joined the TCFD Consortium of Japan*2, which consists of companies and financial institutions that support the recommendations. This decision was made in view of changing global attitudes toward global warming and an increased need for the information disclosure relating to risks and opportunities relating to climate change. This support and participation are the first attempt in the lab testing and its related services industry*3.

The H.U. Group has identified climate change as one of its materiality, and in October 2021 signed and participated in an initiative aiming to achieve net zero greenhouse gas emissions. Based on this support and participation, the Group will accelerate its efforts toward addressing climate change ahead of the industry and work to solve social issues through its core business based on the "H.U.'s Approach to Sustainability", aiming to build good relationships with a wide range of stakeholders.

*1TCFD: The Task Force on Climate-related Financial Disclosures is a task force that was established in 2015 by the Financial Stability Board (FSB), an international body whose members include the central banks and financial regulatory authorities of major nations.

*2 The TCFD Consortium of Japan was established in 2019, and consists of Japanese companies and financial institutions that support the TCFD recommendations. Consortium members discuss initiatives to achieve effective disclosure of information and link disclosed information to appropriate investment decisions by financial institutions, etc.

*3 The industry consisting of companies engaging mainly in lab testing outsourcing services.

Contacts:

For media:

Public Relations Section, Public Relations/Sustainability Dept. Phone: +81-3-6279-0884

Email：pr@hugp.comFor investors and analysts:

IR/SR Dept.

Phone: +81-3-5909-3337

Email: ir@hugp.com

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Miraca Holdings Inc. published this content on 09 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 06:12:13 UTC.