1.2 ｜ CSR Management 3. Process for identifying priority issues (materiality) [STEP 1] Deciding the Basic Policies The first process in identifying materiality is to determine the basic policy on future CSR activities, focusing on CSR- related developments in society, the state of activities as it relates to the philosophy and the basic policies of the Fujifilm Group and business developments. Under SVP 2030, our current CSR plan, the objective was to identify our vision as a global corporation by capturing what contribution we can make to resolving social issues from a long-term perspective. SVP 2016, our previous CSR plan, identified the relationship between business development and company-wide action to resolve issues in society as opportunities for business growth. The difference in SVP2030 from the previous CSR plan is that it identifies a clear vision for the entire Group, positions the medium-term management policy as its action plan and defines the direction of evolution as a global company with the focus on social issues. Although this basic policy is expected to remain fundamentally unchanged until the target year of 2030, we intend to conduct periodic reviews to examine the need for revisions. [STEP 2] Extracting Social Issues Based on Business Strategy Under basic policies, we have extracted social issues related to the current and future business activities of the Fujifilm Group from a wide variety of identified global social issues. We have listed social issues shared by the entire world, including global standards represented by ISO 26000, guidelines such as the GRI Standards, the targets of the Paris Agreement and SDGs and social issues unique to the industry. Information was gathered from shareholder meetings, interviews with investors and dialogues on environmental issues, as well as social issues that we may be able to address through the products, technologies and services all our divisions have developed. These issues are listed up as relevant social issues. In addition, we will examine these social issues as they relate to our businesses, focusing on social and environmental changes, regulatory and policy directions, the demands of stakeholders in the business areas that are linked or likely to be linked in the future. When SVP 2030 was established, the number of issues totaled roughly 300 items. [STEP 3] Evaluation of Materiality The social issues that have been extracted are prioritized to determine which will have a significant impact on our business activities by studying the social demands for our Group and the degree that an issue affects our business operations. In evaluating materiality, we have adopted a two-sided approach: reducing and considering the negative impact generated from our business activities on society and the environment (emphasizing risk response) and resolving social issues through our business activities (emphasizing creation of opportunities). (1) R educing and considering the negative impact from our business activities has on society and the environment (responding to risks) As for the social issues extracted in Step 2, we evaluate the materiality for the Group by ourselves and employ the CSR consulting specialist E Square, which has a lot of experience in addressing social issues, to evaluate which social interests and requests for the Group are representatives of society. Materiality is reviewed from both perspectives with the focus on important social issues (shown at top right of the matrix chart below). 5 ● ● ● Materiality (Priority Issues): ● ● Global Warming, resources recycling, management of ● ● ● products/chemical substances (environment) equests4 ● ● ● ● ● ● ● Work Style (Health) ● ● ● ● ● ● ● ● ● Developing and utilizing diverse human resources ● ● ● ● ● ● ● Measures across the value chain 3 ● ● ● ● ● Governance ests and r ● ● ● ● ● ● ● ● Compliance and risk management ● ● ● 2 ● ● ● ● ● ● ● ● Social inter1 1 2 3 4 5 Materiality for Fujifilm Group 10 FUJIFILM Holdings Corporation Sustainability Report 2023