External Assessments

DIC has earned high marks from numerous environmental, social and governance (ESG) ratings organizations. This includes being selected for inclusion in various ESG investment indices, including those used by Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension investment fund (as of June 2025), as a benchmark for its ESG investment strategy.

Index	Description	DIC’s track record
2024 CONSTITUENT^*1 MSCI Japan Select Leaders Index	Used by the GPIF Japanese equities index established by MSCI Inc. of the United States that designates companies demonstrating outstanding ESG practices; targets coverage of 50% for each Global Industry Classification Standard (GCIS) industry sector	Included since fiscal year 2017 (eight consecutive years)
FTSE4Good https://www.lseg.com/en/ftse-russell/indices/ftse4good	Developed by FTSE Russell, part of London Stock Exchange Group plc; designates companies demonstrating outstanding ESG practices	Included since fiscal year 2018 (seven consecutive years)
FTSE Blossom Japan Index https://www.ftserussell.com/products/indices/blossom-japan	Used by the GPIF Japanese equities index developed to designate companies demonstrating outstanding ESG practices	Included since fiscal year 2018 (seven consecutive years)
FTSE Blossom Japan Sector Relative Index https://www.ftserussell.com/products/indices/blossom-japan	Used by the GPIF Japanese equities index developed to designate companies demonstrating outstanding ESG practices relative to their respective sectors	Included since fiscal year 2022 (four consecutive years)
S&P/JPX Carbon Efficient Index	Used by the GPIF Japanese equities index that weights constituent companies using disclosure of environmental information and carbon efficiency (carbon emissions per unit of revenue) within an industry group	Earned the second-highest “2” rating
Morningstar Japan ex-REIT Gender Diversity Tilt Index^*2	Used by the GPIF A new index designed to emphasize Japanese companies that have strong gender diversity policies embedded in their corporate culture and that ensure equal opportunities to all employees, irrespective of their gender	Earned the second-highest “Group 2” rating
CDP Discloser 2024	A global nonprofit organization (NPO) that works on behalf of institutional investors to collect and analyze information on corporate initiatives to address climate change and other environmental issues	Fiscal year 2024 sector scores: Climate change: C; water security: B-
Health & Productivity Outstanding Entities Recognition Program (“White 500”)	Organized by the Ministry of Economy, Trade and Industry (METI) to recognize outstanding enterprises working to advance health management; companies are certified by Nippon Kenko Kaigi (“Japan Health Council”)	Certified since fiscal year 2018 (eight consecutive years) (DIC and DIC Graphics Corporation)
DX Certification System	A national certification system for companies promoting digital transformation (DX) that meet certification criteria established by METI	Certified for the first time in fiscal year 2022; underwent review to renew certification, obtaining approval until September 30, 2026
Asia Pacific Climate Leaders 2024	Recognizes 350 companies in the Asia–Pacific region—chosen by the U.K.-based The Financial Times Limited and Statista GmbH of Germany—that have made outstanding contributions to the reduction of greenhouse gas emissions	Certified for the first time in fiscal year 2024
Daiwa Investor Relations’ 2024 Internet IR Award	Recognizes companies that have created particularly excellent investor relations (IR) websites, which they are using effectively to disclose information and communicate with stakeholders	Earned an Excellence Award for the first time in 2024, having previously earned a Commendation Award for four consecutive years (2020–2023), and a Sustainability Excellence Award for the second time, having previously earned this honor in 2021.

The inclusion of DIC Corporation 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 DIC Corporation 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.
Morningstar, Inc., and/or one of its affiliated companies (individually and collectively, “Morningstar”) has authorized DIC Corporation to use of the Morningstar Japan ex-REIT Gender Diversity Tilt Logo (“Logo”) to reflect the fact that, for the designated ranking year, DIC Corporation ranks in the top group of companies comprising the Morningstar Japan ex-REIT Gender Diversity Tilt Index (“Index”) on the issue of gender diversity in the workplace. Morningstar is making the Logo available for use by DIC Corporation for informational purposes. DIC Corporation’s use of the Logo should not be construed as an endorsement by Morningstar of DIC Corporation or as a recommendation, offer or solicitation to purchase, sell or underwrite any security associated with DIC Corporation. The Index is designed to reflect gender diversity in the workplace in Japan, but Morningstar does not guarantee the accuracy, completeness or timeliness of the Index or any data included in it. Morningstar makes no express or implied warranties regarding the Index or the Logo, and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the Index, any data included in it or the Logo. Without limiting any of the foregoing, in no event shall Morningstar or any of its third-party content providers have any liability for any damages (whether direct or indirect) arising from any party’s use or reliance on the Index or the Logo, even if Morningstar is notified of the possibility of such damages. The Morningstar name, Index name and the Logo are the trademarks or services marks of Morningstar, Inc. Past performance is no guarantee of future results .