News Release

Monday, 07 March 2016

MOL Invites Institutional Investors to ESG IR Meeting

- Explaining Comprehensive Initiatives on Safe Operation -

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that on March 4, it invited institutional investors to an Environment, Society, and Corporate Governance (ESG) IR meeting with the main theme "safe operation" at the Head Office. ESG issues are considered top priorities for corporations as they seek to develop their businesses while addressing the concerns of various stakeholders. As a world-leading ocean shipping group, MOL sets operating safety as its top ESG-related priority.

At the meeting, titled "Forging ahead to become the world leader in safe operation," Senior Managing Executive Officer Masaaki Nemoto (Director General of the Safety Operations Headquarters) explained the company's safety measures from both hardware and software aspects, discussed how it has reinforced its safety programs based on lessons learned from past marine incidents, and gave participants a tour of the Safety Operation Supporting Center (SOSC), which supports vessels 24 hours a day, 365 days a year.

Safe operation is critical to MOL's social mission - serving as a global lifeline to industry and society - and is the company's overriding concern at all times. The company believes the meeting was an excellent opportunity to share its long-term vision for value creation with institutional investors.