Management Policy Briefing

November 30, 2021

Air Water Inc.

Chairman, CEO

Kikuo Toyoda

Chairman, CEO

Kikuo Toyoda

Date and place of birth

Born May 5,1948 in Mie Prefecture, Japan

Career profile

November 1973: Joined Daido Sanso Co., Ltd. (which merged with Air Water Inc. in April 1993)

July 1999: Executive Officer and General Manager of HR Department at Daido Hoxan Co., Ltd. (now Air Water Inc.)

June 2001: Executive Officer of Air Water Inc., General Manager of Welfare & Nursing Service Dept., Medical Company

June 2006: President and Representative Director of Kawaju Bosai Kogyo Co., Ltd. (now Air Water Safety Service Inc.)

June 2012: Managing Director of Air Water Inc., Head of Medical Company

June 2013: Senior Managing Director of Air Water Inc., Head of Medical Company

June 2016: Vice President and Representative Director of Air Water Inc., Head of Medical Company

June 2017: Director and Vice Chairman of Air Water Inc., Assistant to the Chairman, Head of Medical Company

April 2018: Director and Vice Chairman of Air Water Inc., Assistant to the Chairman, General Manager of Operations, In Charge of HR

June 2019: Representative Director, Chairman and CEO of Air Water Inc. (current position)

2

Contents

Introduction

Developing the Foundations for 2030

Business Plan for 2030

Finance Policy, Utilization of Human Resources

Reducing CO2 Emissions Appendix

Introduction

20 Years To Date

Stage 1

Effects of Merger /

Stage 2

(2000 - 2009) Promoting Diversification

(2010 - 2019) 1 Trillion Yen Corporate Vision

Laying the Foundations of Air Water

The Growth of Air Water

Expanding the industrial gas business domain

Expanding lifestyle-oriented businesses

Developing new business fields

Establishing a conglomerate

17%

22%

Industrial Gas

Chemical

Medical Business

Business

Business

Logistics Business

5%

FY2021

Energy

Agriculture and

7%

Sales

4%

Business

Food Products Business

Seawater

Other Businesses

Breakdown

Business

(Forecast)

(Unit: Billion yen)

16%

9%

22%

1000.0

Sales Revenue

Operating profit

7%

90.0

10%

900.0

*IFRS accounting has been applied since FY2019

44%

890.0

80.0

Up to FY2018, net sales and operating income

FY2009

800.0

(Japanese GAAP) is shown.

14%

Sales

65.0

70.0

Breakdown

700.0

19%

60.0

23%

600.0

50.0

FY2000

500.0

16% Sales

55%

426.3

40.0

Breakdown

400.0

10%

29.0

30.0

300.0

200.0

220.8

20.0

13.0

100.0

Achieve 4x sales growth and 5x profit growth

10.0

0.0

0.0

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021(FY) 5

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Disclaimer

AIR WATER Inc. published this content on 07 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2021 02:31:06 UTC.