Press ReleasesNippon Paper Industries Selected as Constituents for ESG Investment Indices such as those Adopted by the GPIF

Nippon Paper Industries Co., Ltd.

Nippon Paper Industries Co., Ltd. (President: Toru Nozawa, hereinafter "the Company") has confirmed that it has been recently selected as constituents for ESG (Environmental, Social, Governance) investment indices as follows;

(1) Four ESG investment indices*1 adopted by the Government Pension Investment Fund (GPIF)

*1

"FTSE Blossom Japan Index"

"MSCI Japan ESG Select Leaders Index"

"MSCI Japan Empowering Women Index (WIN)"

"S&P/JPX Carbon Efficient Index"

(2) "FTSE4Good Index Series"

As a "comprehensive biomass company shaping the future with trees", the company is promoting sustainability management that pursues social and environmental sustainability together with corporate growth, and aims to realize carbon neutral by 2050.

It will continue to strive to enhance its ESG initiatives and disclose appropriate information through dialogue with its internal and external stakeholders.