MOL and Rio Tinto to strengthen Partnership for Safer Operation

TOKYO- MitsuiO.S.K.Lines,Ltd.(MOL; President & CEO: Takeshi Hashimoto, Headquarters: Minato-ku, Tokyo) and Rio Tinto, a leading mining and metals company, signed the Designated Owners & Operators (DOO) programme, a Rio Tinto initiative targeted to enhance safety and improve crew welfare in the drybulkindustry.

As a foundational member of the DOO programme, MOL had been closely involved in a series of meetings with Rio Tinto in the conceptualisation and design of the programme, leading to MOL's eventual membership, as one of five initial members,inJanuary2023.

By drawing on existing industry best practices, the DOO programme aims to achieve zero-fatality on ships and improve both safety as well as quality management on ships. It also targets to uplift crew welfare through selfassessment tools that identify areas for improvements withverificationbyindependentnominatedparties. MOL Group includes "S: Safety" in the MOL CHARTS, the Group Values, and regards safety as a top priority. In addition, we identify "Safety & Value" as one of the sustainability issues that we recognise as a priority social issue to be addressed through our business, and have set goals, KPIs and action plans for safety quality. Among its targets, we include the "4 ZEROES" target of zero serious marine incidents, zero oil pollution, zero fatal accidents, and zero seriouscargodamage. Through many initiatives including thisprogramme,theMOLgroupiscontinuouslyworking toachievethehighestlevelofsafetyintheworld.

MOL and Rio Tinto will continue to work together on the stable transportation of resources through safe vessels' operation.

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