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UK Tax Strategy

UK Tax Strategy

This UK tax strategy disclosure applies to the following UK subsidiaries of Mitsui O.S.K Lines, Ltd., ("MOL Japan” and collectively the "MOL Group"), of which MOL Japan is the ultimate holding company:

The MOL Group has established corporate principles to enable the group to actively contribute to global economic growth and development and strive to maximize corporate value through creativity, operating efficiency and the promotion of ethical and transparent management. The Group has also introduced rules of conduct requiring all personnel to observe the laws and regulations of Japan and all other nations, and act in accordance with social standards and corporate ethics while at all times exercising due caution. In accordance with the rules, the group endeavors to make a positive contribution towards the realization of a better society as a good corporate citizen in international society and communities.

The group's UK tax strategy reflects these values and is based on actively contributing to economic growth through compliance with all applicable UK tax laws, regulations and local practices.

The publication of this strategy statement is regarded as satisfying the requirements under Paragraph 16(2), Schedule 19, Finance Act 2016. The tax strategy statement relates to our financial year ending 31st March 2019.

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