May 28, 2024

Aozora Bank, Ltd.

NEWS RELEASE

Aozora Provides Positive Impact Finance Syndicated Loan

Earmarked for Social Loan

TOKYO May 28, 2024 -

Tokyo) ('Aozora' or 'the Bank') today announced thait has entered into an agreement with !"" # $('NIPRO') for a Positive Impact Finance syndicated loan based on Aozora's ESG Framework Loan. The new financing is earmarked for a social loan in accordance with NIPRO's Social Finance Framework (the 'Financing').

Positive Impact Finance (PIF) is designed to comprehensively analyze and assess the impact of corporate activities on the environment, society and economy with the aim of providing continued support for the development and expansion of positive impact or the mitigation and control of negative impact, based on the PIF Principles and implementation guidelines established by the United Nations Environment Programme Finance Initiative (UNEP FI).

"Aozora's ESG Framework Loan" aims to support customers' sustainable finance initiatives. On June 1, 2022, it obtained a second opinion from Rating and Investment Information, Inc. stating that the loan is consistent with international principles and other requirements. Also, "Aozora Positive Impact Finance" obtained a second opinion from the same agency on June 1, 2023, which states that the Bank's PIF assessment system is in compliance with the PIF Principles.

The Financing is intended to achieve impacts from NIPRO's business activities by setting and monitoring objectives and KPIs as PIF, as well as support initiatives to contribute to the achievement of SDG targets by allocating the proceeds to "businesses contributing to the solution of social issues" as a social loan*.

The Bank prioritizes the "Promotion of Aozora Sustainability" as an area of focus in its Mid-term Plan "Aozora 2025" (FY2023 to 2025) announced on May 17, 2023. Aozora will further promote responses to climate changes by supporting customers in their sustainability initiatives.

Aozora Bank, Ltd. 6-1-1 Kojimachi, Chiyoda-ku, Tokyo 102-8660, Japan 03-6752-1111

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Aozora Bank Ltd. published this content on 28 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 May 2024 07:08:08 UTC.