Statement on the UK Modern Slavery Act

Introduction

In accordance with the provisions of the UK Modern Slavery Act, THK CO., LTD. is issuing the following statement on its efforts to prevent human rights violations, including slave labor and human trafficking, within the THK Group and throughout its supply chain in 2020.

1. THK Group Overview

The THK Group was the first company in the world to develop the Linear Motion (LM) Guide, which is based on an original concept and innovative technology. Our mainstay LM Guide products have been adopted in many industries as components essential to achieving various types of labor-saving, high-precision, automated, and lightweight mechanisms. In addition, we also develop, produce, and supply to the world a range of other vital machine components, including ball splines and ball screws, as well as automotive and transportation components, such as linkage and suspension components; seismic isolation systems that protect human lives and property from earthquakes; and robots that solve challenges facing society.

See the following pages to learn more about THK.
THK Company Information
THK Group Overview
THK Products
THK Supply Chain Management

2. THK Group Policies

The THK Group's corporate philosophy is "providing innovative products to the world and generating new trends to contribute to the creation of an affluent society". We aim to achieve this corporate philosophy by embodying the "Fundamentals for the THK Group Employees" distributed to all members of the Group as a guideline for what to be conscious of and what principles and mindset to hold.
In 2020, we established the THK Group Human Rights Policy in order to summarize our basic philosophy as a Group and align the individual human rights endeavors conducted by each individual THK Group company. This policy will serve as a guiding principle for all of the THK Group's future human rights efforts.

Fundamentals for the THK Group Employees
THK Group Human Rights Policy

3. THK Group Structures

The THK Group has established the following structures related to human rights.

(1) THK's Compliance Structure

In Japan, we have established a Compliance Committee chaired by the CEO, and compliance subcommittees consisting of representatives from all offices, departments, and Group companies report to this committee.
In addition, personnel were selected at each Group company worldwide to be responsible for human rights matters. They will coordinate with the Compliance Committee and compliance subcommittees to ensure smooth communication.

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(2) THK Group Helpline

The THK Group provides a helpline for employees to consult about or report matters concerning wrongful acts, legal violations, and unethical behavior, including issues related to human rights. A separate, dedicated point of contact is also available for incidents of harassment.

THK Group Helpline
Helpline for Harassment

4. Training

Using a variety of methods, including in-person courses taught by internal and external instructors, e-leaning materials, the company intranet, and internal message boards, the THK Group regularly conducts training on human rights topics ranging from wellness and mental health to preventing harassment. Announcements are also made regarding human rights matters as needed. In 2020, we used a virtual meeting system to host a lecture from an external instructor aimed at compliance subcommittee members on how to prevent harassment.
We will continue to share information throughout the THK Group in order to conduct even better training.

Training and Activities to Raise Awareness

5. THK Group Challenges

Among its various human rights initiatives, the THK Group recognizes the following matters as especially critical challenges.

(1) Eliminating Discrimination

The THK Group respects the basic human rights, individuality, and diversity of individuals. Furthermore, we do not discriminate, harass, or otherwise treat individuals inhumanely based on race, gender, language, religion, nationality, sexual orientation, gender identity, or disability.
In order to engage with this issue, we promote a standardized level of awareness among Group employees through training.

(2) Improving the Labor Environment

The THK Group respects labor agreements and does not engage in any forced or child labor. By maintaining a dialogue with workers and striving to create a vibrant corporate culture in which all people respect each other for their diverse individual characteristics, we create a working environment where employees can work safely and with peace of mind, in a manner that is healthy both mentally and physically.
In order to engage with this issue, we regularly conduct internal surveys to identify issues and consider improvements.

6. Supply Chain Transparency

We have distributed our THK Group CSR Procurement Guidelines to our suppliers in order to make them aware of our human rights activities, and we request that our suppliers make similar efforts.
We also achieve transparency in our supply chain by conducting surveys and talking with suppliers as appropriate to confirm details of their activities.

CSR Procurement Guidelines

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Akihiro Teramachi
President and CEO
THK CO., LTD.
March 23,2021

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