FY 2022 Third-Quarter Financial Results

Briefing Material

November 11, 2022

The Yokohama Rubber Co., Ltd.

Medium-term Management Plan

Yokohama Transformation 2023

（YX2023）

Progress Update

Copyright(C) THE YOKOHAMA RUBBER CO., LTD.

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YX2023 Progress: Tire Business

Consumer Tires

◆Strengthening Sales to

◆OE on Premium Cars

Replacement Market

• Expanding ADVAN brand size lineup

Adding 95

Adding 76

Nissan Motor's Fairlady Z

Toyota Motors' Sequoia

sizes in 2022

sizes in 2022

(plan)

(plan)

(in North America)

◆Motorsports Activities

• 2022 SUPER GT GT300 class

• Supplied GEOLANDAR M/T G003 tires

series championship

for Asia's largest cross-country rally

TOYOTA GAZOO

Mitsubishi Ralliart's

RACING's SUV

SUV

REALIZE NISSAN MECHANIC CHALLENGE GT-R fitted with

ADVAN tires is the 2022 GT300 class series champion

Commercial Tires

・Agreement to Acquire Trelleborg Wheel

Systems

Target company

Trelleborg Wheel Systems Holding AB

(100％ of equity shares)

Enterprise Value

2,040 million EUR *1

EBITDA

230 million EUR

* Our estimation for FY2022

EBITDA multiple

Approx. 9 times

* After adjustment for a

performance-linkedearn-out

Acquisition

March 25, 2022

agreement

Acquisition

Second half of 2022 (plan) *2

completion

Funding

Own capital +

JCR rating: A＋ Stable

borrowings

(August 22, 2022)

*1 The acquisition agreement includes a performance-linkedearn-out clause that could increase the acquisition price by up to €60 million depending on the fiscal 2022 financial results of the acquired business.

*2 After obtaining permission from each country's antitrust authorities

  • New plant in India started operations in August; OHT capacity increased about 40%
    • 2022 2H capacity relative to 2019 2H output

Visakhapatnam Plant

Copyright(C) THE YOKOHAMA RUBBER CO., LTD.

3

YX2023 Progress: MB Segment

Strengthen/expand by allocating resources to core product areas

Hose &

Industrial

couplings

products

Growth driver

Stable earnings

Increase production

Maximize market

capacity

Reorganize

share

production sites

Business

restructuring

Hamatite

Aerospace

products

Transfer completed

Merged with

industrial products

Hose & couplings

  • High-pressurehydraulic hoses for

overseas market

3 core series integrated under Versatran brand

  • Renewal launch of ISO-compliant hoses with enhanced flame resistance and abrasion resistance qualities

Industrial products

  • Greatly expanding conveyor belt market

share in Japan

Planned expansion of Hiratsuka Factory's conveyor

belt capacity

Versatran high-pressure

hydraulic hoses

Conveyor belts line

in industrial products factory

Copyright(C) THE YOKOHAMA RUBBER CO., LTD.

4

YX2023 Progress: ESG (Social Issues, Information Disclosure)

Social Issues

Information Disclosure

  • Expanding human rights and grievance redress mechanisms

Began applying the JaCER (Japan Center for Engagement and Remedy on Business and Human Rights) platform from October

  • Strengthening cooperative efforts with GPSNR*1 activities, which aim to produce and use natural rubber while preserving the natural

environment and giving due consideration to human rights

*1 Global Platform for Sustainable Natural Rubber

  • Continued support for organizations engaged in disaster relief efforts and addressing various social issues
  • Released Yokohama Rubber's first integrated report "Integrated Report 2022: A Road Beyond"

Fertilizer for Thai natural

Support for Borneo

rubber farmers

Tropical Forest Project

Support for Kanagawa

Support for Disaster Dog

Sea Farming Association

Rescue Network

Major support provided in 2022

Thai natural rubber farmers *2

Provided fertilizer

Support for flooded regions in Thailand *2

Donated supplies

Support for Fukushima Earthquake relief efforts

Financial support

Humanitarian assistance to Ukraine

Financial support

Japan Car Sharing Association

Donated tires

Kanagawa Sea Farming Association

Financial support

Disaster Rescue Dog Network

Financial support

Borneo Tropical Forest Project

Financial support

Kanagawa Prefectural Hospital's Children's Medical

Financial support

Care Fund

Ikaw-Ako (Philippines environmental protection NGO)

Financial support

*2 indicates GPSNR-related support

Third-party recognition of our

sustainability efforts

Selected for inclusion in ESG stock indexes

17 straight years

5 straight years

First selection

Copyright(C) THE YOKOHAMA RUBBER CO., LTD.

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YRC - Yokohama Rubber Co. Ltd. published this content on 11 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2022 04:41:06 UTC.