DMG MORI : obtained approval from SBT（Science Based Targets）initiative

Global Head Quarter: 2-3-23 Shiomi, Koto-ku,

Tokyo, 135-0052, Japan

TEL: [phone]

Press Release

December 20th, 2021

DMG MORI obtained approval

from SBT（Science Based Targets） initiative

DMG MORI CO., LTD. and its group company DMG MORI AKTIENGESELLSCHAFT (hereinafter collectively referred to as "DMG MORI") are pleased to announce that our greenhouse gas emissions reduction targets were approved by Science Based Targets initiative (SBTi), the lead partner of the Business Ambition for 1.5°C campaign.

◆The greenhouse gas emissions reduction targets approved by SBT initiative *1 Scope 1 + 2: Reduce greenhouse gas emissions by 46.2% by 2030 (vs. 2019)

Scope 3: Reduce greenhouse gas emissions by 13.5% by 2030 (vs. 2019)

The SBTi a global initiative jointly launched by the United Nations Global Compact, CDP, World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). It appeals to companies to set the science-based reduction targets to achieve the level of decarbonization required to keep global temperature increase well below 2℃ and to pursue efforts to limit it to 1.5℃ compared to pre-industrial levels, which was agreed in the Paris Agreement. As of December 20th 2021, 1,083 companies worldwide, including 148 companies in Japan, were approved by SBTi.

(SBTi website: https://sciencebasedtargets.org/)

【 Contact 】

Public Relations / Marketing Dept.

E-mail:[e-mail]

Global Head Quarter: 2-3-23 Shiomi, Koto-ku,

Tokyo, 135-0052, Japan

TEL: [phone]

DMG MORI is working towards a sustainable and decarbonized society - a society in which people and nature can coexist in harmony, and a society where the resources are properly recycled and not wasted. In particular, DMG MORI is accelerating the group-wide efforts to become carbon neutral; in March 2021, we declared carbon neutrality in all processes from parts procurement to product shipment for all products manufactured in 2021 globally. In order to achieve the newly-approved targets, we will continue to work on our own CO2 reduction activities, and through the provision of environmentally friendly products we will also help our customers reduce their carbon footprint. Believing that the machine tool business can significantly contribute to the environmental preservation, DMG MORI will continuously strive for a decarbonized society.

• For more information about our sustainability initiatives, see the website below.https://www.dmgmori.co.jp/corporate/sustainability/index.html(Japanese website only)

*1 Scope 1：Direct emissions of greenhouse gas caused by company's activities (Fuel combustion, Industrial processes) Scope 2：Indirect emissions of greenhouse gas caused by purchased electricity, heat and steam

Scope 3：Indirect emissions of greenhouse gas besides Scope 1, Scope 2.

(Purchased goods and services, Upstream/Downstream transport and delivery, Use of sold products, Disposal of sold products, etc.)

【 Contact 】

Public Relations / Marketing Dept.

E-mail:[e-mail]