Selected as a component of MSCI Nihonkabu ESG Select Leaders Index for the second consecutive year

IINO Kaiun Kaisha, Ltd. (IINO Lines) is pleased to announce that its ongoing efforts for sustainability have been highly evaluated and it has been selected for second consecutive year from 2024 as a constituent of the MSCI Nihonkabu ESG Select Leaders Index(the index), a major ESG investment index adopted by the Pension Fund Investment Fund (GPIF), the world's largest pension fund management organization.

The index is an ESG investment index provided by Morgan Stanley Capital International Inc. (MSCI). Companies with relatively high ESG ratings within their respective industries are selected from among the constituents of the parent index (MSCI Nihonkabu Investable Market Index). 243 companies have been selected as of June 2025.
The MSCI ESG Ratings are based on MSCI researches and analyzes ESG-related initiatives. The ratings are based on a seven-point scale from "AAA," the highest rank, to "CCC," the lowest rank. We have received an "A" rating in the MSCI ESG rating for 2025.

In our mid-term management plan, "The Adventure to Our Sustainable Future," we have set out to overcome materiality and are continuing to promote sustainability initiatives. We will continue to promote sustainability initiatives and contribute to the realization of a sustainable society.

*THE INCLUSION OF IINO KAIUN KAISHA, LTD. IN ANY MSCI INDEX, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT OR PROMOTION OF IINO KAIUN KAISHA, LTD. BY MSCI OR ANY OF ITS AFFILIATES. THE MSCI INDEXES ARE THE EXCLUSIVE PROPERTY OF MSCI. MSCI AND THE MSCI INDEX NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI OR ITS AFFILIATES.

*Reference
MSCI Nihonkabu ESG Select Leaders Index
https://www.msci.com/indexes/index/713538