Investor Presentaiton

Japan Exports Picking Up + Exports are over 18% of the total Japan Gross Domestic Product (compared to less than 12% for the US)1 + Japan Real Exports up 7.1% Year-over-Year as of March 2021 and back above pre-pandemic levels Year-over-Year Change in Japan's Real Exports 50% 40% 30% 20% 10% 0% -10% -20% -30% -40% -50% Jan-05 Jan-07 Jan-09 Jan-11 Jan-13 Jan-15 Jan-17 Jan-19 Jan-21 Source: Bank of Japan, 1/31/2005-3/31/2021. Prices based to 2015 levels. 1 Source: World Bank. Japan data as of 2018. US data as of 2019. 4

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