CORAL REEFS

The MOL Charitable Trust (Note 1) on January 31, 2024, announced the selection of 15 projects proposed by NGOs and educational institutions for funding in the third call for applications (Note 2). This third round of grants centers on projects in line with the priority areas of the MOL Group's policy of corporate citizenship activities: "marine environment," "biodiversity," and "human resources development" (Note 3).The 15 newly selected projects will contribute to the realization of a sustainable society and the achievement of its Sustainable Development Goals (SDGs).

The Authorized Public Trust 'MOL Mauritius International Fund for Natural Environment Recovery and Sustainability' ("the Trust in Japan") (Note 1), established in November 2021, has opened a call for project applications for FY2024, with the application period running from October 30 to December 22, 2023. The Trust in Japan was established to promote sustainable economic growth and culture in Mauritius by providing support for nature conservation activities and initiatives that contribute to local communities.

On Wednesday, July 12, 2023, the authorized public trust MOL Mauritius International Fund for Natural Environment Recovery and Sustainability (the "Fund") (note 1) held an online project outcome session in Japan and the Republic of Mauritius.During the session, seven of the 11 NGOs selected for 2022 grant recipient projects reported on the results of their activities over the past year. An event room was organized in Mauritius, where local NGO groups attended in person and their presentations were broadcasted in real time to Japan, inspiring a lively exchange of opinions.

The MOL Charitable Trust ("the Trust") (Note 1), established in Mauritius in June 2021, has made its third call for proposals for the period from Monday, September 3 to Friday, September 29, 2023. The Trust was established with the goal of supporting social and environmental projects in line with the intent of the Trust, focusing on activities in the southeast of Mauritius.

On Thursday, June 8, MOL (Mauritius) Ltd. participated in a cleanup event held in conjunction with World Oceans Day. This event was hosted by the EcoMode Society (Note 1), a local NGO and grant recipient from MOL Mauritius International Fund for Natural Environment Recovery and Sustainability (Note 2) in last fiscal year, and took place at Ferney Bridge in the southeastern coastal district with the aim of gaining a deeper understanding of the importance of the marine environment.

The MOL Mauritius International Fund for Natural Environment Recovery and Sustainability in Japan (Note 1) will hold its 1st year Project Outcome Reporting Session 2023 on Wednesday, July 12, with organizations which received grant for the first year. This is the first debriefing since the establishment of the fund in November 2021. The objective is to introduce the audience to a wide range of activities and results of the funded projects to promote environmental restoration and conservation in Mauritius and contribute to local communities.

The "MOL Mauritius International Fund for Natural Environment Recovery and Sustainability" (the Fund) (Note 1), an authorized public trust, completed the selection of new projects to be funded at the steering committee meeting in March 2023, and at the end of the same month, it started the disbursement of grants.

On Thursday, December 8, 2022, Shizuoka University, which received a grant from the Authorized Public Trust "MOL Mauritius International Fund for Natural Environment Recovery and Sustainability" (the Fund)(Note 1), in collaboration with the University of Mauritius(UoM) which is a partner in the same research project, held a workshop on latest research topics on "Coral Reef in a Warming Ocean" at UoM.

The MOL Charitable Trust, which was established in June, 2021 in Mauritius ("the Trust") (Note), issues a report on activities in the projects funded during its first year. Of the total of 26 projects selected for funding in the first year, 22 were accomplished as planned. The Yearly Report details activities of each project and the Trust for the year.

The MOL Charitable Trust (the "Trust") (Note 1) held a ceremony in Mahebourg on Sunday, January 15, 2023, to announce the 20 projects selected for support from the Fund among those submitted in the second call for applications. The Fund also exchanged Memorandums of Understanding with each organization (Note 2). Among those in attendance were Mr. Shuichiro Kawaguchi, the Ambassador of Japan to Mauritius and Mr. Junichiro Ikeda, the Chairman of the Board of MOL who expressed his hopes for the success of each project and his gratitude to everyone involved.

The Authorized Public Trust 'MOL Mauritius International Fund for Natural Environment Recovery and Sustainability' ("the Trust in Japan") (Note 1), established in November 2021, has opened a call for applications for projects to be funded in fiscal 2022, with the application period running from October 31 to December 28, 2022. The Trust in Japan was established to promote sustainable economic growth and culture in Mauritius by providing support for nature conservation activities and initiatives that contribute to local communities.

On Friday, August 29, 2022, a ceremony was held to mark the completion of an environmental experience program led by the local NGO "Marine Megafauna Conservation Organisation Mauritius" (MMCO) (Note 1), a recipient of a grant from the MOL Charitable Trust ("the Trust") (Note 2), and Mr. Goro Yamashita, Managing Director of MOL (Mauritius) Ltd., who also serves as Chairman of the Trust's Enforcers Committee, was on hand for the event.

MOL Charitable Trust ("the Trust") (Note 1), established in Mauritius in June 2021, has made its second call for proposals for the period from September 2 to Septemeber 26, 2022. The Trust was established with the goal of supporting social and environmental projects in line with the intent of the Trust, focusing on activities in southeast Mauritius.

On Sunday, July 31 and Sunday, August 14, 2022, local NGOs supported by the MOL Charitable Trust ("the Trust") (Note 1) and other groups spent cleaning up local beaches and forests, Mr. Goro Yamashita, Managing Director of MOL (Mauritius) Ltd., who also serves as Chairman of the Trust's Enforcers Committee, on hand for both events.

At a ceremony held in Mahebourg, Mauritius on Friday, December 10, 2021, the MOL Charitable Trust (the Fund), which was established in Mauritius in June 2021, announced its intent to fund 26 projects(*) led by NGOs and other local organizations, selected among applicants for the first call for grant applications. The Fund also exchanged Memorandums of Understanding with each organization.

On Friday, November 13, and November 20, MOL donated four containers to NGO EcoMode Society (*), which is engaged in environmental protection activities, and the MOL-dispatched team was on hand for the handover ceremonies.