Rinnai's Human Rights Policy

In accordance with the United Nations Guiding Principles on Business and Human Rights, Rinnai Corporation established the Rinnai Human Rights Policy (hereinafter, “This Policy”) and hereby declares that it will respect human rights in all its business activities.

1. Respect for Human Rights
   Rinnai respects human rights as set forth in the International Bill of Human Rights (Universal Declaration of Human Rights and International Covenants on Human Rights), the International Labour Organization (ILO) Declaration on Fundamental Principles and Rights at Work, and other international human rights standards. The human rights that Rinnai shall respect in its business activities include the following.
   1. (1) Discrimination
      We will not discriminate on the basis of race, color, sex, age, language, religion, nationality, social status, or physical characteristics.
   2. (2) Harassment
      We will not engage in sexual harassment or any other human rights violation that takes advantage of a superior position in the workplace.
   3. (3) Child labor and forced labor
      We will not subject children under the minimum legal employment age to harmful labor or unfair labor.
   4. (4) Work–life balance
      We will aim to achieve a work–life balance by optimizing working hours and promoting diverse work styles.
   5. (5) Safety and health
      We will build a safe, healthy, and comfortable work environment from both physical and mental perspectives.
2. Scope of Application
   This Policy applies to all officers and employees of the Rinnai Group. We also expect all business partners, including suppliers, to understand and support This Policy.
3. Governance Structure for This Policy
   The executive officer in charge of the Corporate Planning Headquarters will be responsible for promoting respect for human rights based on This Policy. The ESG Committee will discuss necessary actions to promote respect for human rights, and the outcomes of discussions at ESG Committee meetings will reported to the Board of Directors.
4. Human Rights Due Diligence
   Rinnai will continuously conduct human rights due diligence to identify and assess the negative human rights impacts of its business activities and prevent or mitigate such risks.
5. Remedies and Corrections
   Through appropriate procedures, Rinnai will address any negative human rights impacts that its business activities have been found to have caused or fostered.
6. Stakeholder Dialogue and Consultation
   Rinnai will engage in dialogue and consultation with relevant internal and external stakeholders to address negative human rights impacts. With regard to procurement activities, in particular, Rinnai will strengthen dialogue with suppliers to prevent the occurrence of problems not only at direct suppliers but also throughout the supply chain.
7. Information Disclosure
   Rinnai will regularly disclose information on its efforts to respect human rights on its website and in its Integrated Report.
8. Education and Training
   Rinnai will continuously provide all officers and employees with the education and training necessary to put This Policy into practice. Rinnai will also ensure that its business partners, including suppliers, are fully aware of This Policy.

This Policy was approved by the Board of Directors of Rinnai Corporation on November 4, 2022.

President