MITSUI MATSUSHIMA HOLDINGS CO., LTD.

A subsidiary of the Company invests in listed equities, and a sharp decline in stock prices could have a material impact on the Group's business performance and other aspects. Since fair value fluctuation risk on securities directly leads to financial losses, movements in the investee's share price constitute a factor affecting performance volatility. The securities report does not describe specific countermeasures.

Each Group company secures procurement sources for raw materials and other inputs appropriate to its respective business, but there is a risk that procurement may be disrupted due to factors such as the situation in the Middle East. If companies are forced to change their procurement routes, this could affect the Group's business performance and other aspects through increases in procurement prices. The securities report does not describe detailed countermeasures such as specific measures to secure alternative procurement sources.

The Group holds confidential information, customer information, and highly specialized technical information, and there is a risk of information leakage due to human error or external cyberattacks, among other causes. Should an information leak occur, it could lead to a loss of trust among business partners and customers, potentially having an adverse effect on the Group's business performance and other aspects. While it is stated that appropriate management is implemented for important information, details of the specific management framework are not described in the securities report.