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Multi-Stakeholder Policy

Kajima has a corporate philosophy of “striving to continually advance our business operations and contribute to society.” We aim to maintain the confidence of all our stakeholders, including customers, business partners, employees, local communities, stockholders and investors, and strive to establish appropriate multi-stakeholder partnerships based on the understanding that collaborative value creation with diverse stakeholders is certain to contribute to sustainable growth and improving the medium- to long-term corporate value of the Kajima Group. Furthermore, we recognize the importance of providing returns to employees and giving due consideration to business partners from the perspective that the appropriate distribution of revenue and results generated through collaborative value creation and productivity improvement to multiple stakeholders will strengthen the Group’s management base and lead to sustainable economic growth. We will accordingly carry out the following:

1. Returns to employees

We established a Medium-Term Business Plan in 2021, which sets out “free and open organizations with diverse human resources” as one of the Goals for 2030 and “develop people and systems to promote growth and transformation” as a key measure. We will continually do our utmost to promote sustainable growth and productivity improvement in order to maximize added value, not only through preferentially investigating management resources into promising growth areas but also through other efforts, such as developing talent, improving employees’ skills. Building upon this, we aim to deliver sustainable returns to employees by raising wages in an appropriate manner in consideration of the situation of the Group reflecting the revenue and results produced through the above efforts, while at the same time by getting down to the comprehensive improvement of working conditions in other ways as well, mainly through investing in human resources through the education and training.

[Individual Items]
More specifically, the average amount of salaries and wages per employee were raised by 3% or more in FY2023 compared to the previous year, while continued efforts were made to increase the wage level of construction workers, including skilled workers of partner companies, promote work-style reforms for them and improve their productivity. In terms of investment in human resources through the education and training, at the same time, we proactively work to develop advanced specialists as well as managerial human resources who can lead these specialists so that we can continue to meet customer and society’s expectations through operations around people and technology, for example by exploring a talent management system and bolstering training facilities. We will continue to work to allow individual employees to develop not only advanced expertise but also a well-balanced mix of business and management knowledge and skills and improve their abilities on an ongoing basis through restructuring our training system and other initiatives.

2. Consideration to business partners

Kajima will continue working to comply with the contents of its Declaration of Partnership Building.

March 15, 2024

Hiromasa Amano, President, Representative Director

Kajima Corporation

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