2.2 ｜ Compliance and Risk Management 2.2.3 Compliance and Risk Management Promotion Structure Fujifilm Group Compliance and Risk Management System Fujifilm Holdings Corporation Board of Directors Audit Audit & Supervisory Board Supervise Report ESG Committee (Chairperson: President, Deputy Chairperson: Director responsible for ESG) Approve, Direct Report FUJIFILM Holdings ESG Division (ESG Committee Secretariat) Approve, Direct Report Each Group Company President Risk Manager The Fujifilm Group has set up an ESG Committee chaired by the president of Fujifilm Holdings, with the director responsible for ESG serving as deputy chairperson. The Committee deliberates and makes decisions on priority issues related to risk management and ESG. The activities of the Committee are reported to the Board of Directors, which in turn monitors and assures the effectiveness of risk management for the entire Group. The Audit & Supervisory Board conducts audits to ensure that the internal control systems are functioning appropriately. The Fujifilm Group appoints officers in charge of compliance and risk management at each of its business corporations and group companies, and implements a variety of measures to penetrate the spirit of an “open, fair and clear” corporate culture throughout the Group. 2.2.4 Risk Management The Fujifilm Group employs Risk Management Regulations that specify the group-wide basic policy and risk management system. Based on these regulations, we identify the tasks required to counter various risks related to our business and are fully prepared to make appropriate responses in the event of a critical incident. 1. The decision-making process for priority risks The Fujifilm Group has identified 60 items as risks that are likely to have a significant impact on the business management and has organized them into five areas: strategy risks, financial and taxation risks, operation risks, natural disasters & infectious diseases, and climate change. Each risk has been evaluated quantitatively based on the level of the impact multiplied by the occurrence probability. Priority risks that require preferential action are decided by the ESG Committee, and the action status on these risks is reported to the Board of Directors semiannually. Priority risk issues that are related to our groupwide business environment are deliberated on and approved by the ESG Committee each year. The issues are identified and examined from the standpoint of human rights and economic security and assurance. 32 FUJIFILM Holdings Corporation Sustainability Report 2023