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Ricoh receives its first Asia Integrated Reporting Awards 2023

March 15, 2024

TOKYO, March 15, 2024 – Ricoh today announced it has won Bronze award in Asia's Best Integrated Report (Value Creation) category at the 9th Asia Integrated Reporting Awards (AIRA) by CSRWorks International, a leading consultancy specializing in sustainability advisory, training, and thought leadership services. Renowned as the foremost international accolade for corporate reporting in the region, this marks Ricoh's first award and highlights its strong commitment to excellence and include decision-useful information on governance, strategy performance, and future prospects in the report.

Established in 2015 as a non-profit initiative aimed at recognizing and promoting excellence in integrated reporting, AIRA serves as an annual platform for organizations to demonstrate their commitment to value creation for shareholders and others. Dedicated to honor reports that demonstrate exemplary commitment to integrated reporting excellence such as transparency, integrated thinking and value creation, winning reports were selected through a multi-layerd evaluation process by an independent panel. Leading companies from fourteen countries, including Ricoh, submitted their entries for the 2023 AIRA.

The Ricoh Group Integrated Report 2023 highlights Ricoh's 21st Mid-term Management Strategy, the three-year initiative to execute Ricoh's transformation into a digital services company that empowers workers' creativity by remaining close to customers. It also introduces new management structure since April 2023 and its value creation through aligning business growth and ESG, which enhance and improve Ricoh's disclosure.

The report has actively been used in Ricoh's dialogue with institutional investors and other stakeholders. In addition to AIRA, it has received the Award for Excellence at the NIKKEI Integrated Report Award 2022 and 2023, and been selected as “Excellent Integrated Report” for five consecutive years by the Government Pension Investment Fund's external asset managers.

| About Ricoh |

Ricoh is a leading provider of integrated digital services and print and imaging solutions designed to support digital transformation of workplaces, workspaces and optimize business performance.

Headquartered in Tokyo, Ricoh's global operation reaches customers in approximately 200 countries and regions, supported by cultivated knowledge, technologies, and organizational capabilities nurtured over its 85-year history. In the financial year ended March 2023, Ricoh Group had worldwide sales of 2,134 billion yen (approx. 16.0 billion USD).

It is Ricoh's mission and vision to empower individuals to find Fulfillment through Work by understanding and transforming how people work so we can unleash their potential and creativity to realize a sustainable future.

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