Kurita Water Industries Ltd.

Kurita Group Medium-Term Management Plan

PSV-27

Pioneering Shared Value 2027

(Securities code: 6370)

May 12, 2023

Contents

I

Review of MVP-22

3 - 8

II

The Kurita Group's Vision

9 - 12

III

PSV-27 (Pioneering Shared Value 2027)

13 - 34

IV

Reference

35 - 39

2

I Review of MVP-22

3

Outline of MVP-22

Aiming to establish a rock-solid earnings base, we took on the challenge of transforming our business model and reforming business processes.

Basic Policy

Priority measures

Maximize customer intimacy by dismantling preconceived ideas and dramatically raising the quality and speed of our work.

  • Development of CSV business
  • Rebuilding of manufacturing system for water treatment facilities
  • Strengthening the foundation and promotion of research and development
  • Enhancement of total solutions
  • Creation of new business and the promotion of innovation
  • Establishment of the Group governance system

Financial Management Targets

Net sales organic growth rate

3% or more

Business profit margin on sales

15%

Return on Equity (ROE)

10% or more

Adoption of business segment management using return on invested capital (ROIC)

Non-Financial Indicators

Solving issues related to water resources

240 million m3

(water savings)

Realizing sustainable energy use

10 thousand tons

(reduction of CO2 emissions)

Waste reduction

450 thousand tons

  • Amount of the reduction in environmental impact of customers - the amount of the Kurita Group's own environmental impact

4

Changes in Business Environment

The COVID-19 pandemic became an opportunity to significantly change the values and structure of society and industry.

Changing population dynamics

(decline and increasingly uneven

distribution of the working population)

Requirements for decarbonization and the development of a recycling-based society

Acceleration of digitalization

Status of the semiconductor

industry as social infrastructure

Rising geopolitical risks

5

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Disclaimer

Kurita Water Industries Ltd. published this content on 20 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2023 02:25:08 UTC.