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Initiatives to Prevent Corruption

Endorsement of the UN Global Compact

Japan Post Bank and Japan Post Group have endorsed and participated in the UN Global Compact. We are working to uphold the 10th Principle of the UN Global Compact, which states that "businesses should work against corruption in all its forms, including extortion and bribery." To thoroughly prevent corruption, the Japan Post Group has established the Japan Post Group Anti-Bribery Policy and is implementing various initiatives.

Please refer to the related information below for details on our initiatives concerning anti-corruption.

Compliance Initiatives

Measures against Countering Money Laundering, Financing of Terrorism, and Proliferation Financing

Measures Aimed at Managing Conflicts of Interest

Anti-Bribery Initiatives

Basic Policy for Combating against Antisocial Forces

Initiatives to Raise Director and Employee Awareness Regarding Compliance

Contact Offices for Whistleblowing

Initiatives in the Supply Chain

Japan Post Bank requests in its contracts that business partners comply with the Japan Post Group CSR Procurement Guidelines,* which define specific action items relating to the UN Global Compact's 10 principles in the four areas of human rights, labor, environment, and anti-corruption.

We also take steps such as monitoring the status of our business partners' efforts based on the UN Global Compact during contract periods, thereby maintaining due diligence to prevent corruption in the supply chain.

*:
The Japan Post Group CSR Procurement Guidelines call for business partners to make comprehensive anti-corruption efforts and includes stipulations on the "prohibition of corruption, bribery, etc.," the "prohibition of offering and receiving improper advantages," and the "elimination of relations with anti-social forces" based on the 10th Principle of the UN Global Compact which states that "businesses should work against corruption in all its forms, including extortion and bribery."

JAPAN POST BANK Human Rights Policy

Japan Post Group CSR Procurement Guidelines(external website / Japan Post Holdings Co., Ltd.)

Supervision by the Board of Directors

The Board of Directors has established Basic Policies for the Internal Control System and the Basic Policy on Corporate Governance.

The Basic Policies for the Internal Control System outline the "System for Ensuring That the Execution of Duties by Executive Officers and Employees Complies with Laws and Regulations and Our Articles of Incorporation." Under this system, it specifies that we ensure compliance through such actions as (i) formulating a compliance manual that states specific guidelines of the matters with which Executive Officers and employees must comply and the explanations for laws and regulations relating to our corporate activities and (ii) conducting training regarding laws and regulations as well as internal rules with which Executive Officers and employees must comply. In addition, we have set forth that we will block and eliminate relationships with antisocial forces and maintain a system to counter money laundering and the financing of terrorism as an entire organization.

The Basic Policy on Corporate Governance stipulates that if transactions involving a conflict of interest arise between the Bank and the Bank's directors and Executive Officers, the Board of Directors shall respond appropriately in accordance with the Companies Act. Moreover, with regard to important transactions between the Bank and Group companies as well as atypical transactions between the Bank and the Bank's major shareholders, the Board of Directors shall conduct surveillance to ensure that the interests of the Bank or the common interests of shareholders are not harmed by approving such transactions based on careful discussion at a meeting of the Board of Directors.

Through the frameworks outlined above, Japan Post Bank maintains a structure that ensures the Board of Directors can supervise the execution of duties related to the anti-corruption.

Basic Policies for the Internal Control System

Basic Policy on Corporate Governance

Japan Post Group Anti-Bribery Policy

As a member of the Japan Post Group, we comply with the Japan Post Group Anti-Bribery Policy.

Japan Post Group Anti-Bribery Policy (Japanese version only)

Political Contributions and Lobbying Activities

Japan Post Bank complies with all laws and regulations when making political contributions or engaging in lobbying activities.

Figures concerning political contribution amounts are as below.

FY2020/3
¥0
FY2021/3
¥0
FY2022/3
¥0
FY2023/3
¥0

ESG Data Total amount of political contributions made

Total amounts of fines and settlements exceeding $100 million are as below.

FY2020/3
¥0
FY2021/3
¥0
FY2022/3
¥0
FY2023/3
¥0

ESG Data Fines and settlements in excess of $100 million