Mitsubishi Electric Group’s Materiality

To address sustainability at the management level and ensure long-term commitment, the Mitsubishi Electric Group has identified five areas as materiality (important challenges) to "Provide solutions to social challenges through our businesses" and to "Strengthen our business foundation to enable sustainable growth." The Group is taking a "Trade-On (mutual benefits)" approach to realizing sustainability by implementing materiality initiatives to create business solutions for social challenges while securing its own business growth at the same time. For ourmateriality initiatives, we set targets and key performance indicators (KPIs) and carry out continuous improvement activities using the PDCA cycle.

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• Materiality (Important Challenges)

• Materiality and SDGs
• Process of identification and review of materiality
• Priority SDG initiatives
• Mid- to long-term initiatives, goals for fiscal 2025, and results for fiscal 2024