Euglena 's "Future Generation Advisory Board" established
Toward “co-creation” with future generations as a new challenge
Update from CFO (Chief Future Officer) under 18 years old

Euglena Co., Ltd. (Headquarters: Minato-ku, Tokyo, President and CEO: Mitsuru Izumo) has updated its initiatives for CFOs (Chief Future Officers) under the age of 18, and announced that they will be in charge of their CFOs in February 2024. We would like to inform you that we will be establishing a "Future Generation Advisory Board."

Our company's Euglena philosophy is "Sustainability First," and we operate a healthcare business that supports extending healthy lifespans, a biofuel business that aims to solve Climate Change, and a sustainable agritech business that aims for circular agriculture. We are developing a variety of businesses centered on sustainability, including social business in Bangladesh.
Based on the idea that in order to create a sustainable future as a company, the generation that will be responsible for the future should participate in the company, we established the CFO position in 2019 for people under 18 years old, and since then we have expanded to 3 years old. The current CFO was appointed and has led efforts to strengthen the sustainability of the company's management, making recommendations that take into account Climate Change, well-being, and the post-SDGs.

■ Reasons for establishing the “Future Generation Advisory Board” and a review of the CFO’s efforts
Euglena Project 51 “Establish a future generation advisory board” (released on February 1, 2024)
https://www.euglena.jp/times/archives/22714

Last year, we sought a fourth-generation CFO for our next sustainability initiative, and many future generations with great ideas applied. However, the future that our company was aiming for, such as the establishment of a specialized department within our company to embody "Sustainability First," and initiatives with future generations such as CFOs are expanding in companies and governments. As initiatives with generations and the social participation of future generations have become widespread both inside and outside the company, CFOs should move from their "proposal" type of initiatives to the next phase and aim for "co-creation" with future generations. I came to this conclusion.
In order to "co-create" with future generations, we have established a "Future Generation Advisory Board" under the "Sustainability Committee" to discuss promoting Euglena Group's sustainability activities and ESG management. We will consider and evolve our existing initiatives together with future generation advisory board members.

The details of the 2024 Future Generation Advisory Board are as follows.

■About the 2024 “Future Generation Advisory Board”
The "Future Generation Advisory Board" has been established under the Sustainability Committee, chaired by Izumo, the company's representative director and president.
・Discussion with Co-CEO (once every 3 months)
・Participation in the Sustainability Committee (3 times a year)
・Dialogue with people in charge of projects such as our product design and various events (1-2 times a month)
・Other planning and consideration of CFO alumni formation and initiatives with future generations
Through these efforts, we will play a role in strengthening the co-creation system for the future.

What is the Sustainability Committee?
A meeting established in February 2023 to discuss various policies, goals, strategies, and countermeasures to promote Euglena Group's sustainability activities and ESG management. Midori Watanabe, the third CFO, served as the first committee chair in 2023. Mitsuru Izumo, our representative director and president, will serve as the chairperson for fiscal 2024 https://www.euglena.jp/companyinfo/sustainability/management_system/

Comments and profiles of board members (3 people)
<Kyoko Ozawa (21 years old, 3rd year, Faculty of Social Sciences, Waseda University)>

“I will make use of my past experience and work hard together with my friends!”
• Euglena ’s first CFO
• Marui Group Advisor from 2021
•ForbesJAPAN 30 Under 30 (2021)

<Junichiro Kimachi (20 years old, 2nd year, Faculty of Policy Studies, Keio University)>

"We will never forget our desire to grow and strive to create a better society. Thank you for your support!"
• Euglena first Future Summit member has internship experience at our company
•Launch and operate “100BANCH”, an experimental area that will create the future
•Selected as a finalist for the 2021 Nihon Keizai Shimbun “Nikkei Social Business Contest”

＜Emi Yamaguchi (18 years old, 3rd year student at Kaetsu Ariake High School, 1st year student at Sophia University Faculty of International Liberal Studies from April 2024)＞

“I will leverage my strengths and make it a year of continued growth! Thank you for your continued support!”
•First generation members of the youth community sponsored by “Sustainable Brand Japan”
•Holding on-site classes related to well-being
• Launching ethical fashion business

We will deepen our dialogue with future generations, who are important stakeholders in our corporate activities, and continue to promote initiatives aimed at a better future.

＜About Euglena
In 2005, the company succeeded in establishing the world's first outdoor mass cultivation technology of microalgae Euglena (Japanese name: Green Beetle) for food use. With "Sustainability First" as its Euglena philosophy, the company develops and sells food, cosmetics, and other products using microalgae Euglena and chlorella, manufactures and develops biofuels, provides genetic analysis services, and operates in the sustainable agri-tech area using unused resources, etc. Since 2014, the company has been developing businesses such as the development and sales of food products and cosmetics using microalgae and chlorella, etc. Since 2014, the company has been continuously implementing the Euglena GENKI Program, which delivers Euglena cookies rich in nutrients to children in Bangladesh. https://euglena. jp

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Euglena Co., Ltd. Public Relations and Advertising Department