A. Objectives
1. ASICS expects all of its business partners, which include but are not limited to ASICS' suppliers and
subcontractors (‘ASICS Business Partners’), to operate their businesses in line with the principles set out in ‘ASICS
Vision’, ‘ASICS Philosophy’ and the ‘ASICS Code of Conduct’.

2. The purpose of this policy is to establish and to ensure that ASICS Business Partners comply with ASICS' policy
regarding the minimum requirements relating to human rights, labour, health, safety and environmental issues at
all facilities operated by ASICS Business Partners. This policy is based on ‘ASICS Vision’, ‘ASICS Philosophy’, the
‘ASICS Code of Conduct’ and the model Code of Conduct issued by the World Federation of the Sporting Goods
Industry (WFSGI).

3. ASICS will assess all ASICS Business Partners on the basis of their compliance with this policy. As such, this
policy is a tool that enables ASICS to select and retain ASICS Business Partners that follow business practices
which are consistent with ASICS’ policies and values.

B. Standards
ASICS expects ASICS Business Partners to run their businesses in accordance with the following standards:

1. General principle: ASICS Business Partners are to operate in full compliance with all national and local laws,
rules and regulations as are applicable to their business operations.

2. Employment standards: As regards the employment of any and all employees of ASICS Business Partners
(‘Employees’), ASICS Business Partners are to comply with the following standards:

a) Forced Labour: ASICS Business partners shall not make use of forced labour, either in the form of prison labour,
indentured labour, bonded labour, or any other form. No Employee can be compelled to work through force, the
threat of force or intimidation of any kind.

b) Child labour: ASICS Business Partners shall not employ persons under the age of 15 (or 14 where employment
at the age of 14 is permitted by the relevant laws), nor shall they employ persons who have not yet reached
the age at which they should complete compulsory education in the country in which they are employed where
such age is higher than 15.

c) Harassment or abuse: ASICS Business Partners must acknowledge that their Employees have the right to a
workplace where there is no physical, sexual, psychological or verbal harassment or abuse and are to treat
Employees with respect and dignity.

d) Discrimination: when employing or hiring, the salaries, benefits, promotion, training, discipline or conditions of
termination or retirement offered by ASICS Business Partners shall not show any discrimination based on gender,
race, religion, age, disability, sexual orientation, nationality, political opinion, or social or ethnic origin.

e) Right of association and collective bargaining: ASICS Business Partners shall recognize and respect the rights
of Employees' to organise and join associations of their own choosing, and to bargain collectively.

f) Wages: ASICS Business Partners must recognise that Employees are to be fully remunerated for all time worked
and must be provided with a clear written payslip showing details of their pay for each pay period. ASICS Business
Partners shall pay Employees at least a) the minimum wage required by law or b) the prevailing industry wage,
whichever is the higher. In addition to remuneration for regular hours of work, for overtime hours Employees are to
be paid at least the premium rate required by law or, in those countries where such laws do not exist, a rate that
exceeds the regular hourly rate.

g) Hours of work: including overtime, ASICS Business Partners shall not require their Employees to work more
than sixty hours a week or the maximum working week established by the relevant law, whichever is shorter, on a
regular basis. ASICS Business Partners are to give Employees at least one day off in every seven-day period on a
regular basis and paid annual leave as required by the relevant law.

h) Benefits: ASICS Business Partners are to see to it that their Employees receive all legally mandated benefits.

i) Health and safety: ASICS Business Partners are to provide a safe and healthy working environment, which
includes but is not limited to adequate lighting, heating and ventilation systems and protection from fire,
accidents, and hazardous substances. ASICS Business Partners' Employees must have access to clean and
adequate sanitary facilities at all times. Where residential facilities are provided for Employees, the same standards
apply.

C. Publicity
ASICS Business Partners are to make every effort to ensure that their Employees understand this policy by
informing Employees of this policy orally, and by distributing written copies of this policy, or by displaying this
policy, translated into the local languages spoken by Employees, in a prominent place in the workplace.

D. Documentation and inspection
ASICS Business Partners are to maintain all documents necessary to demonstrate compliance with this policy and
any applicable laws, and must submit these documents to ASICS upon request. Furthermore, ASICS has the right
to conduct inspections or to have a designated independent inspector conduct such inspections with or without
prior notice in order to ascertain that ASICS Business Partners are complying with ASICS standards and the
applicable laws. ASICS Business Partners are obliged to accept such inspections.

E. Application of this policy to ASICS group companies
ASICS group companies are to operate their businesses in accordance with the principles set out in this policy.