NYK BUSINESS CREDO

Founded in 1885, Nippon Yusen Kabushiki Kaisha (NYK Line) has become a leader in global marine transport by meeting challenges head on and achieving steady growth.

NYK recognizes our role in providing safe and reliable services for a broad range of trade and commercial activities that are the basis for developing the world’s economies and cultures.

Our highest priority is to take all possible security measures in our activities taking care of the environment, as well.

We work tirelessly to improve our services in ways that are useful to society, and making every effort to meet our customers’ expectations and maintain their trust.

In all of our business activities, both domestic and international, we respect human rights, comply with laws and ordinances and adhere to international rules and their underlying spirit. We meet the highest ethical standards to ensure that our business activities contribute to the sustainable development of society.

In our daily business, we follow the “NYK Business Credo”:

1. 1. Good faith in business activities:

We respect national competition laws, engage in business practices that are fair, transparent, freely competitive, and appropriate, and do not tolerate bribery or corruption in any form. We work hard to keep the good relationships we have built with our shareholders, investors, and other stakeholders.

2. Environment and safety initiatives:

In all of our business activities we undertake initiatives to enhance safety and to preserve the marine environment and natural ecosystems. Through these efforts we hope to achieve sustainable growth and to develop and refine safe, environment-friendly transportation technologies.

3. Enhanced security

We have established strong security measures to prevent the disruption and abuse of international logistics networks. . We strictly prohibit any type of illegal activity and the unauthorized access and leakage of information.

4. 4. Compliance with laws and ordinances, respect for human rights

We recognize our role in society and act in a manner that is fair and just by complying with national laws and ordinances and international norms. We believe that corporate activities should adhere to social mores, respect human rights, honor local customs and practices, and address the concerns and interests of stakeholders.

5. Exclusion of antisocial activities:

We resolutely stand against all antisocial forces and organizations that threaten the order and safety of civic life.

6. 6. Disclosure of information and communication with society:

We disclose corporate information in a proactive and fair manner, emphasizing communication not only with shareholders but with society at large. We rigorously protect and manage the privacy and personal information of our customers, employees and everyone involved in our business activities.

7. Social contribution activities:

We proactively contribute to social activities as a good corporate citizen.

8. Preservation of favorable work environments:

We respect the diversity, individuality, and humanity of employees and facilitate the activities of a diverse workforce. We make every effort to preserve favorable work environments.

Top management recognizes our role in achieving the spirit of this credo. We are committed to ensuring that the ideals set forth in this document are practiced by Nippon Yusen Kabushiki Kaisha and its group companies. We encourage our business partners to act accordingly, and have established effective internal systems to accomplish this. We acknowledge our responsibility and obligation to quickly and accurately identify the causes and take measures to prevent recurrence in the event of a violation of a law or ordinance or other act that contravenes this credo.