(ENG)COMPASS GLOBAL No21

COM·PASS GLOBAL Published by: PR&IR Office GS Yuasa International Ltd. Kyoto, Japan No21 Jan 2020 Why “Compass”? The name of our Group newsletter, “Compass,” derives from the Latin words com (together) and passus (stepping). “Compass” signifies a navigated direction; and “com” and “pass” imply that all company members are moving together toward our common goal. 2020 New Year’s Greeting INDEX consisted of only Japanese players, Happy New Year! I hope everyone President but in the recent World Cup, half of 2020 New Year’s Greeting was able to enjoy a peaceful New Osamu Murao the team had been born overseas. Year’s celebration. GS Yuasa Watching these players fight to the Hungary Plant Opening Corporation bitter end, no mere foreign hired guns Ceremony Held The first New Year of Japan’s new but rather true members, bearing the Reiwa era has passed and the year a new tendency towards separation pride of being a representative of YBTH Exhibits Booth at 2020 has finally commenced. Looking and division. In addition, large-scale Japan on their chests regardless MotoGP™ Venue back, here in Japan the words “the natural disasters such as floods and of nationality, to me they looked first ____ of the Reiwa era” have forest fires are occurring in countries like forerunners of diversity in an YBTH Holds Opening adorned just about anything and around the world including Japan, and increasingly international Japanese Ceremony for New everything since the era change concern regarding the effects of society. At the same time, I was also Warehouse occurred last May, but on a global global warming-induced climate humbled by their passion as a single, level, with events such as the difficult change and initiatives for coping with unified team. Automotive Battery relations between America and China, the same has markedly increased. Business Unit Holds the UK’s Brexit issue, and the Together with such diversity, what is Overseas Company situation in the Middle East, it was Here in Japan, one of the most talked essential for the growth of society as Performance Debriefing once again a tumultuous year. It just about topics at the start of the Reiwa a whole is sustainability. Accordingly, so happens that 30 years have era was the Rugby World Cup. The the GS Yuasa Group made contributing News Release passed since the fall of the Cold War Japanese team, the Brave Blossoms, to the creation of a sustainable, symbol that was the Berlin Wall, and today managed to reach the best eight, while recycling-oriented society its fiscal 2020, the second year of the Reiwa we enjoy the fruits of a globalized areas throughout Japan experienced 2019 policy. era in the Japanese calendar, is the world; at the same time, however, the deeper communication and exchange From a macro perspective, sustainability 37th year of the 60-year sexagenary planet is coming to be enshrouded by with teams and fans from across the can be interpreted to mean that social cycle according to the Chinese zodiac, world. As I understand it, the cherry and economic systems are capable written as “ ” (and pronounced blossom emblem on the Japanese of sustaining themselves. From a micro “kanoe-ne” in Japanese). “ ” is team’s jerseys, now depicted as being perspective, it can be interpreted as interpreted to mean “to grind grain in full bloom, was once originally only meaning that individual enterprises with a mortar and pestle” and is thus a bud; in turn, the team itself originally are capable of sustaining themselves said to represent change, while “ ,” with the recognition and support of the rat, is the first of the 12 animals of society. GS Yuasa believes that engaging the Chinese zodiac, representing new in business which contributes to buds and beginnings. the creation of a sustainable world With the changing of the Japanese through our products is of utmost calendar era, we enter a new age, importance. and it is my hope to make this a year It is my desire for all of us to think and in which we accomplish great strides act each day at work based on the forward so that the world may question, “What can GS Yuasa do for a continue to thrive like the Olympic sustainable, recycling-oriented society?” flame itself. In closing, I offer to you all a New Year’s greeting and my hopes for your health and happiness. GS Yuasa Hungary Ltd. Hungary Plant Opening Ceremony Held A plant opening ceremony was fully operational. Serving as a base batteries in Europe, going forward the of GY Group enterprises. held at GYHU on October 1. GS Yuasa Senior Managing Director for the production of lithium-ion plant will contribute to the expansion Atsushi Odawara, GYHU Nakagawa, Hungarian Minister of Foreign Affairs and Trade Péter The ceremony’s ribbon-cutting event (from left to right: Embassy of Japan Counsellor Takamizu, GS Yuasa Senior Managing Director Nakagawa, Szijjártó, and Embassy of Japan Minister of Foreign Affairs and Trade of Hungary Péter Szijjártó, city official Dr. Miskolc Alakszai Zoltán, Dr. Parliamentarian György Hubay) Counselor Takamizu attended the The Hungary Plant ceremony, gave speeches, and participated in a ribbon-cutting event. The factory has begun production and shipping of D-samples (mass production samples) to European automobile manufacturers from whom orders had already been received. Led by local members, the plant’s team, which also includes a resident officer, works as one, laboring valiantly to get the facility

COM·PASS GLOBAL Published by: PR&IR Office GS Yuasa International Ltd. Kyoto, Japan No21 Jan 2020 Why “Compass”? The name of our Group newsletter, “Compass,” derives from the Latin words com (together) and passus (stepping). “Compass” signifies a navigated direction; and “com” and “pass” imply that all company members are moving together toward our common goal. Yuasa Battery (Thailand) Pub. Co., Ltd. YBTH Exhibits Booth YBTH Holds Opening Ceremony at MotoGP™ Venue for New Warehouse The 15th MotoGP™ Thailand Grand Prix This year, as part of a plan jointly created YBTH held a ceremony to celebrate company will be able to cut external was held at the Chang International between the Overseas Sales Department the opening of a new warehouse on warehouse rental costs and optimize Circuit in Buriram Province, Thailand of the Automotive Battery Business Unit September 3. Buddhist priests were inventory control. In addition, in order from October 4 to 6. The second time in Japan and YBTH, the booth accepted invited to the ceremony, praying for to improve safety, the outgoing the grand prix has been held in many messages cheering on racer the safety of employees and adding a shipping and incoming reception Thailand, the venue was filled with Marc Márquez from fans of Repsol solemn atmosphere to the event. areas have been made more clear. local fans as well as many international Honda Team. Going forward, YBTH will Built on the same site as the YBTH Preparations for the move from the old fans. For the second year running, utilize comments from Marc Márquez office and plant, the warehouse is two warehouse were completed in mid- YBTH also exhibited a booth at the responding to these messages in sales stories tall; the first floor (1,068 m2) will September and the new warehouse venue. activities. be primarily used for battery storage, became operational on October 1. while the second floor (914 m2) will mainly be used to store materials. Kosuke Emura, YBTH Previously, YBTH had rented an external warehouse located around a 30-minute drive away: with the opening of this new warehouse, the GS Yuasa International Ltd. Automotive Battery Business Unit Holds Overseas Company Performance Debriefing The Automotive Battery Business Unit Osamu Murao stated, “While there are YBIA President Moriya giving a held an overseas company performance high expectations for our overseas presentation debriefing at the GY Head Office for companies, going forward it is my GYES President Moll and Mr. three days starting on October 30. The desire, based not only on the idea of Iwata giving a presentation heads of all 22 overseas companies ‘one for all’ but also ‘all for one,’ that reported on the latest conditions, in GS Yuasa will also value pointed addition to reporting new information minority opinions and leverage them in on the progress of the Fifth Mid-Term future ventures.” Management Plan and their CSR activities. Andrew Taylor, CEO of GS Keiji Hirose, Planning Division Administration Department, Overseas Administration Group Yuasa Battery Europe Ltd., and William Moll, President of GS Yuasa Energy Solutions, Inc., and the leaders of all of GS Yuasa’s overseas companies attended; as simultaneous interpretation was conducted, the event served as an important space for exchanging ideas with GS Yuasa International management. The entire program went off without a hitch, and President News Release 2019.Oct.3 2019.Dec.2 2019.Dec.2 The first overseas GS Yuasa Endorses GS Yuasa Launches lithium-ion battery plant Recommendations of LIM50EL Series of has started new TCFD and Joins Industrial Lithium-ion operations in Hungary TCFD Consortium Battery Modules