Corporate Responsibility to Society (Shoki Hoko)Strive to enrich society, both materially and spiritually, while contributing towards the preservation of the global environment.

Integrity and Fairness (Shoji Komei) Maintain principles of transparency and openness conducting business with integrity and fairness.

Global Understanding Through Business (Ritsugyo Boeki) Expand business, based on all encompassing global perspective.

Corporate Responsibility to Society (Shoki Hoko)Strive to enrich society, both materially and spiritually, while contributing towards the preservation of the global environment.

Integrity and Fairness (Shoji Komei) Maintain principles of transparency and openness conducting business with integrity and fairness.

Global Understanding Through Business (Ritsugyo Boeki) Expand business, based on all encompassing global perspective.

Corporate Responsibility to Society (Shoki Hoko)Strive to enrich society, both materially and spiritually, while contributing towards the preservation of the global environment.

Integrity and Fairness (Shoji Komei) Maintain principles of transparency and openness conducting business with integrity and fairness.

Global Understanding Through Business (Ritsugyo Boeki) Expand business, based on all encompassing global perspective.

Corporate Philosophy

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Mitsubishi Corporation (Korea) Ltd. (MC Korea) Mitsubishi Corporation (MC) first entered the Korean market with its establishment of the Seoul Agency in 1962. Later, in 1999, a local subsidiary of MC, MC Korea, was founded, and has since grown to become the company it is today. As a major office of MC, MC Korea engages in domestic transactions, imports and exports, cultivation of joint business, such as investment and joint alliances, and the establishment of new businesses, working to maximize MCs global business activities with the goal of advancing the Korean and global economies and improving the lives of people all over the world.

Major productsPetroleum products, carbon materials and products, LNG, steel products and raw materials, nonferrous metals and raw materials, heavy electrical equipment, elevators, steel, power and chemical plants, automobiles, industrial equipment, petrochemical products, synthetic fibers and raw materials, dyes, functional chemicals, food materials, food products, textiles, general merchandise

: Head Office: Tokyo

: 29 Number of offices in Japan: 29

: 192 ( 3) Number of offices and subsidiaries overseas: 192 (Korea 3)

Seoul Head Office

Kwangyang Liaison Office

Pohang Liaison Office

Development of new businesses

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Mitsubishi Corporation (MC) is a global integrated business enterprise that develops and operates business across virtually every industry including industrial finance, energy, metals, machinery, chemicals, foods, and environmental business. MCs current activities are expanding for beyond its traditional trading operations as its diverse business ranges from natural resources development to investment in retail business, infrastructure, financial products and manufacturing of industrial goods. With over 200 offices and subsidiaries in approximately 90 counties worldwide and a network of over 600 group companies, MC employs a multinational workforce of over 65,000 people.

Asia & Oceania

Europe & Africa

Domestic Transactions

Imports and Exports

Cultivation of joint business through investments and

alliances

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North America

Latin America

Business Concept

Middle East & Central Asia

East Asia

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Organizational Structure

Energy Business Division

President & CEO

Internal Audit Office

Corporate Division

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HR & Corporate Administration/Global Strategy & Business Development, Finance & Corporate Accounting/Risk Management & Compliance /ITCorporate Communications & CSR.

Metals Business Division

Machinery & Infrastructure Business Division

Chemicals Business Division

Living Essentials Business Division

Pohang Liaison Office

Kwangyang Liaison Office

1962. 04. 01 ()

1967. 06. 01 ()

1970. 12. 21 ()

1971. 08. 01 ()

1979. 10. 01 ()

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1985. 04. 15 ()

1987. 01. 10 ()

1994. 05. 27 ()

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Products

LNG (picture in the right center- LUNA-A gas producing platform), LPG, crude oil, condensate, naphtha, reformate, kerosene, jet oil, heavy oil, asphalt, energy derivatives, artificial graphite electrodes, CBO (carbon black oil), petroleum coke, coal coke, wood pellets, coal tar, and others.

Overview

With an extensive network of business relationships with renowned oil refineries, petrochemical companies, and shipping companies in Korea and other countries, as well as Korean steel manufacturers, we not only trade in products, but also develop investment projects, thereby significantly contributing to Koreas energy sector in terms of both quality and substance.Based on the energy business and networks of MC Korea, which we have developed over multiple decades, and the continuous evolution and advancement of our business strategy, our goal is to become the leader of the Korean energy market, both in traditional energy fields and new and renewable energy fields, which are expected to expand.

Our Business

ENERGY BUSINESS DIVISION

(1997 , 2003 , 2015 .Pusan Liaison Office was closed in 1997, Ulsan Liaison Office was closed in 2003, and Dangjin Annex Office was closed in 2015.)

1962. 04. 01 Mitsubishi Corporation established Seoul Agency

1967. 06. 01 Mitsubishi Corporation established Seoul Branch

1970. 12. 21 Mitsubishi Corporation established Pusan Annex Office of Seoul Branch

1971. 08. 01 Mitsubishi Corporation established Pohang Annex Office of Seoul Branch

1979. 10. 01 Mitsubishi Corporation renamed Pusan Annex Office as Pusan Liaison Office of Seoul Branch

1979. 10. 01 Mitsubishi Corporation renamed Pohang Annex Office as Pohang Liaison Office of Seoul Branch

1985. 04. 15 Mitsubishi Corporation established Kwangyang Liaison Office of Seoul Branch

1987. 01. 10 Mitsubishi Corporation established Ulsan Liaison Office of Seoul Branch

1994. 05. 27 Korea MC Ltd. was established

1999. 04. 01 Mitsubishi Corporation (Korea) Ltd. was established by merging Mitsubishi Corporation Seoul

Branch and Korea MC Ltd.

2008. 07. 01 Mitsubishi Corporation (Korea) Ltd. established Dangjin Annex office.

1960

1970

1990

1980

2000

Corporate history

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Products

All ferrous and non-ferrous products, including raw materials(slabs, billet, steel for automotive applications, hot-rolled steel, cold rolled steel, stainless steel, steel scraps, and stainless raw materials etc.)

Overview

Our goal is to contribute to not only Korea but the international community as well by complying with steel demand world-widely with stable and continuous steel supply. MC Korea represents not only Mitsubishi Corporation (MC) but also Metal One, a steel trading company that is a joint-venture between Mitsubishi Corporation (60% share-holder) and Sojitz(40% share-holder). Please kindly contact us for consultations or regarding the global sales promotion of ferrous or non-ferrous materials.

METALS BUSINESS DIVISION

Our Business

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Products

Steel Plant, Power Plant, Chemical Plant, transportation systems, ship and vessels, elevators, and motor vehicle parts, among others

Overview

We conduct business related to social and industrial infrastructure and environment as well as industrial machinery and automobiles. Currently, our main business is supplying all kinds of plant machinery, machine equipment, and parts, among others, to Korean steelmakers, power companies, petrochemical manufacturers, and automakers. We also collaborate with construction and engineering companies in Korea on the infrastructure-related projects overseas.

MACHINERY & INFRASTRUCTURE BUSINESS DIVISION

Our Business

Products

Commodity Chemical A: Olefins & Aromatics, Petrochemical Intermediates, Polyester, and Chlor-AlkaliCommodity Chemical B: Methanol, Ammonia, Fertilizer and Inorganic ChemicalsFunctional Chemicals: Plastics, Specialty Chemicals, and Solvents

Life Science: Bio-based fine chemicals and Food additives

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Overview

The Chemicals Business Division is active in three business segments: Commodity Chemicals such as petrochemical products and basic raw materials; Functional Chemicals, including synthetic resins and specialty chemicals; and Life Sciences, which covers our food additives, pharmaceuticals/agricultural chemicals. Our primary function is to provide basic raw materials for petrochemical products, industrial salt and ammonia, plastics, specialty chemicals, and agricultural chemicals. In addition, we provide various products and services to a wide range of industries in Korea. While contributing to Korean Chemical Industry through export, import, and cross-trade of chemical products, our chemical business division also provides necessary skills, finances, investments, and market intelligence to Korean Chemical Companies based on their needs. By offering a wide array of products and services in chemical industry, Mitsubishi Corporation (Korea) Ltd. is helping people to enjoy a better quality of life. MC Korea also continues to expand its worldwide value chain system by arranging business-partnership between different companies as well as forming joint-ventures with them.

CHEMICALS BUSINESS DIVISION

FOOD

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Products

Frozen tuna for sashimi and as a food ingredient, salmon, cereals, starch, sugar-based products, processed foods, confectionery products, and raw materials

for fruit juice, among others.

Overview

We deal mainly with fishery products, namely the export of frozen tuna to Japan for sashimi and as a raw material for canned foods and the import of farmed salmon from Chile and Norway to Korea. We are actively engaged in a variety of other businesses as well, including the import of cereals from the U.S. and export of starch to Southeast Asia.

TEXTILE

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ASEAN

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Products

Fiber materials: Natural fibers (cotton), synthetic fibers (nylon, polyester, acrylic, polypropylene fiber), mixed yarn (T/C, CVC), and others Fashion garments: woven and knitted garments

Overview

We supply the raw materials, mainly cotton yarn to Korean garment manufacturer operating factories in ASEAN and numerous other countries, and provide the outstanding functional materials made by Korean synthetic textile makers to fashion companies in Japan and countries around the world. In addition, we collaborate with a Korean garment manufacturer that operates sewing factories in China and ASEAN to provide price-competitive products to the Japanese market.

GENERAL MERCHANDISES

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Printing paper, packaging materials, silica

sand, cement, tires, and others

Overview

We handle a broad range of raw materials mainly to Korean market, including printing paper, cement, tires, and packaging materials, and engage in import, export, and cross trade activities with countries around the world through MCs global network.

LIVING ESSENTIALS BUSINESS DIVISION

Our Business Affiliated Companies in Korea

1968 ( POSCO)

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The Pohang Liaison Office of the Seoul Branch was established in 1971, when construction began on the Pohang steel mill of the Pohang Iron and Steel Company (todays POSCO), which was founded in 1968. The Kwangyang Liaison Office of the Seoul Branch was established in 1985, when the construction of POSCOs Kwangyang steel mill was already well underway.The two offices have acted as the base of operations for the construction of the POSCO steel mills for many years, supporting the supply of steel mill equipment based on contracts signed by MC. They also provide full support to chief technicians of Japanese steel mill equipment manufacturers in undertaking their onsite management duties while, at the same time, acting as coordinators between POSCO and manufacturers to ensure the successful conclusion of contracts.By providing comprehensive services to the construction sites, MC Korea has managed to build an unwavering relationship of trust with POSCO, and is now making significant contributions to the advancement of POSCOs operations by securing the quality of steel mill construction sites, supplying equipment ahead of schedule to allow the early operation of steel mill equipment, effectively carrying out its contracts, and providing follow-up services after the equipment goes into operation.

POHANGKWANGYANG LIAISON OFFICE

(2009)

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Samyang Innochem Corporation (2009)

A joint venture between Samyang Corporation (specializing in food, chemicals, and pharmaceuticals) and Mitsubishi Corporation, Samyang Innochem Corporation produces materials for engineering plastic (Bisphenol A).

MC Pavilion (2013)

A joint venture between Koreas Pavilion Group and MC, MC Pavilion sells the financial products of Mitsubishi Group to Korean institutional investors.

MITSUBISHI ELEVATOR KOREA (2001)

A joint venture among Mitsubishi Electric Corporation, Mitsubishi Electric Building Techno-Service Co., Ltd and MC, MITSUBISHI ELEVATOR KOREA manufactures, sells, installs and repairs elevators.

PMC TECH (2015)

A merger between Posco Chemtech and MC/Mitsubishi Chemical Corp., PMC TECH distills the by-products from POSCO Gwangyang Steel Mill to produce value added secondary products, such as Needle Coke (material for graphite electrodes). Pilot production began in the end of 2015.

Nisso Namhae Agro Co., Ltd. (2011)

A joint venture among Nippon Soda Co. Ltd, Namhae Chemical Corp., and MC, Nisso Namhae Agro Co., Ltd. manufactures and sells materials for agricultural chemicals.

MODEX (2012)

A joint venture among Metal One, Dongbu Express, and MC Korea, MODEX unloads, stores, and transports steel for automobile applications that is sold to Hyundai Motors. It was the first to introduce the magnet crane to Asia.

Seoul

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Gwangyang

Yeosu

Ulsan

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HR & Corporate AdministrationHR manages and operates the overall human resources system, whereas Corporate Administration is responsible for assisting employees with their commencement or returning of posts and the hosting of in-house events.

Global Strategy & Business DevelopmentIn Global Strategy & Business Development, we are responsible for management support, intelligence, sales support, and assisting the external activities.

Finance & Corporate AccountingFinance & Corporate Accounting engages in financial and managerial accounting, fund management, and tax matters.

Risk Management & ComplianceIn Risk Management & Compliance, we investigate and respond to compliance issues and ensure the efficient management of legal, credit, and tax risks.

ITCorporate CommunicationsCSRThe IT Department plans and executes both of IT policies and strategies, in connection with Mitsubishi Corporation, while Corporate Communications is responsible for conducting activities aimed at promoting internal and external communication and corporate PR activities. CSR carries out various social contribution activities with a focus on four areas: international exchange; education, culture, and the arts; environmental protection; and public welfare and revival activities.

Our Business Support

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Compliance

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In an effort to prevent fraudulent accounting and promote the drafting and disclosure of reliable accounting information, MC Korea established the Accounting Manual and Official Authority Regulations, among others, in addition to Internal Accounting Management regulations. The team responsible for managing and organizing such manuals and regulations works under the Internal Audit Office.

With the adoption of internal regulations, MC Korea prioritizes compliance as the responsibility of all executives and employees. Every year, we conduct various activities to promote this issue, such as hosting compliance seminars for all executives and employees and holding compliance discussions.

Internal Accounting Management

& Compliance OfficerAsia & Oceania Compliance Officer

Compliance OfficerMCK Compliance Officer

Risk management & Compliance

Directive

Directive

Staff

ReportConsultation

ReportConsultation

ReportConsultation

/ Chief Executive Officer / Board of Directors

Internal Audit Office

Corporate Auditors

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(Corporate) Internal Accounting Manager (Corporate Division Manager)

CORPORATE CORPORATE DIVISION

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MC Koreas social contribution activities are based on Shoki Hoko, or Corporate Responsibility to Society, of the companys Three Corporate Principles,

and are implemented in four main areas: international exchange; education, culture, and the arts; assistance to disabled persons and revival activities; and

environmental protection.

International Exchange

In an effort to invigorate mutual exchange between Korea and Japan and keep friendly relations, MC Korea is

now developing a program where Korean college students can have lots of experiences, like doing the volunteer work or visiting some

companies in Japan. Besides, we are participating an event, named Korea-Japan Exchange Festival Hanmadang, which involves actively

communicating with private organization, local organizations, and young people.

International Exchange Visits by Korean University Students to Japan participating of the Korea-Japan Exchange Festival Hanmadang

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Education, Culture, and the Arts

For the purpose of encouraging people to join international cultural exchange, we are carrying out

various activities in areas related to the field of culture and arts. In addition to it, we are actively supporting the field of education in order to

nurture children who will become the future leaders of Korea and outstanding individuals with globalized talents.

Peace Concert Commemorating 50 Years of Normalized Relations between Korea and Japan Korea Prime Minister Cup International Amateur Baduk Championship (KPMC) Miracle Library (Dobong) Mitsubishi Corporation International Scholarship for studies

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Environmental Protection

In cooperation with MC, MC Korea carries out activities that aim to improve the Earths ecosystem, thereby helping to protect the

environment.

Forest Conservation Project Mitsubishi Corporation Thousand Year Forest

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: 04631 100 STATE TOWER NAMSAN 22

22nd Floor, State Tower Namsan 100, Toegye-ro, Jung-gu, Seoul, 04631 Korea

TEL : (+82) 2-3455-5114

FAX : (+82) 2-754-8360

: 37820 437 102

Room No. 102, Hyupryuk Bldg. 437, Posco-Daero, Nam-Gu, Pohang-Si,

Gyeongsangbuk-Do, 37820 Korea

TEL : (+82) 54-272-2386

FAX : (+82) 54-274-6460

: 57801 12-14 C-209

Room No.C-209 Chechul Bldg. 12-14, Huimang-Gil, Gwangyang-Si, Jeollanam-

Do, 57801 Korea

TEL : (+82) 61-792-2152

FAX : (+82) 61-792-2164

State Tower Namsan

4

Subway Line #4

Subway Line #4Myeong-dong sta

tion

4

Mitsubishi Corporation (Korea) Ltd.

SHINSEGAE Department

Public Welfare and Revival Activities Support

With the goal of creating a society that is genuinely concerned for the socially vulnerable and where people help each other willingly,

the employees of MC Korea voluntarily participate in and undertake a variety of activities designed to assist people with disabilities

and revival activities.

Holt Ilsan Center Support for Kyonam Dongsan

Support for the Oita International Wheelchair Marathon Great East Japan Earthquake Revival Activities

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www.mitsubishicorp.com/kr

CSR