#1SMBC Nikko - Japan Series ESG Conference London +000 uns you Joy and Fun Ooshiro okas ESG Information Masao Okawa Managing Director HORIBA, Ltd. HORIBA © 2021 HORIBA, Ltd. All rights reserved. October, 2021#2Corporate Motto "Joy and Fun" Omoshiro-okashiku Joy and Fun The founder Dr. Masao Horiba Now, Atm HORIBA © 2021 HORIBA, Ltd. All rights reserved. If we take on new challenges and have pride in the work that occupies most of the active time in our lives, in the place where we spend a large part of each day, then the result will be a more fulfilling life, and we will be able to enjoy our lives even more. Taking on new challenges and having pride in our work leads us to "Joy and Fun." おもう 2#3HORIBA's Management Policy Corporate Motto "Joy and Fun" Omoshiro-okashiku Joy and Fun おもう HORIBA Corporate Philosophy HORIBA's mission in society <Four Main Themes> ✓ Business operations ✓ Customer responsiveness ✓ Responsibility to shareholders and investors ✓Employees Code of Ethics Guide to conduct business honestly with integrity <Eight Main Themes> ✓ Good corporate citizen ✓ Excellent products and services ✓ Sound and normal relationships with governments ✓ Rewarding and comfortable workplace ✓ Respect for human rights. ✓ Disclose information appropriately ✓ Environmental issues ✓ Enforce crisis control HORIBA © 2021 HORIBA, Ltd. All rights reserved. 3#4Omoi: Five Pillars to Phrase the HORIBA Way ✓ We encourage our employees to have the following "Omoi," which is the essence of acting on "Joy and Fun" through their work • • • To be a part of a collaborative community, at the forefront of new ideas and creations. To achieve goals and make life memorable by fostering the highest intellectual potential. To reach across the globe to expand learning that captures key business developments, wherever they occur. To be proud of sharing what I do and what HORIBA delivers. To be helpful to the world and its people. "Omoi" The Japanese word "omoi" is used to share HORIBA way among global employees. HORIBA © 2021 HORIBA, Ltd. All rights reserved. 4#5Governance Structure ✓ HORIBA has adopted the governance structure "Corporation with Audit and Supervisory Board" Corporation with Audit and Supervisory Board Japanese unique governance structure which consists of Shareholders Meeting, Board of Directors and Audit and Supervisory Board ✓ Audit and Supervisory Board audits Board of Directors ✓ Audit and Supervisory Board members are appointed at a General Shareholders Meeting and their term of office is four years ✓ More than half of its members must be from outside the company HORIBA © 2021 HORIBA, Ltd. All rights reserved. сл 5#6Management Members Board of Directors Juichi Saito Executive Vice Chairman & Group COO Atsushi Horiba Chairman & Group CEO Masayuki Adachi (Doctor of Engineering) President Non-executive and Independent Directors Masao Okawa Managing Director Takashi Nagano Director Sawako Takeuchi (Doctor of Engineering, Doctor of Economics) Haruyuki Toyama Fumihiko Matsuda (Doctor of Medicine) Audit & Supervisory Board Atsushi Nakamine Standing Auditor Keiji Yamada Tomoko Tanabe Outside and Independent Auditors#7HORIBA's Contribution to Social and Environmental Issues Utilizing our analytical and measurement technology, we contribute to solving issues to maintain the environment and society healthy Creating social value Creating economic value Solution development Data management Industry-academia- government collaboration Research institutions Government agencies Customers Collaboration with society Solutions to social issues Semiconductor Production equipment manufacturers and beyond Sales Universities *Please see page 50 for more on Automotive component Small- to medium- -Automotive manufacturers manufactures Needs of society R&D Core technologies Talents (HORIBARIANS) HORIBA © 2021 HORIBA, Ltd. All rights reserved. Measurement technologies Marketing Process & Environmental Automo- tive Measure- ment businesses Medical- Diagnostics Scientific sized hospitals & physicians in private practice Semicon- ductor Field service Electric power companies Manufacturers Open innovation 7#8MLMAP2023 - HORIBA's Contribution to Social Issues MLMAP Mid-Long Term Management Plan "MLMAP2023" 1. Market Oriented Business ✓ To develop analysis and measurement solutions, utilizing HORIBA'S core technologies, in the leading three business fields of the mega trend Energy & Environment Bio & Healthcare Three Fields Materials & Semiconductor GOOD HEALTH AND WELL-BEING W 9 INDUSTRY PROVATION AND INFRASTRUCTURE 2. Solution Provider Beyond Life Cycle Management ✓ To support customers' core businesses from all aspects - from product introduction to replacement 9 INDUSTRY, INNOVATION AND INFRASTRUCTURE 6 14 12 Mid-Long Term Management Plan 2019-2023 CLEAN WATER AND SANITATION 7 AFFORDABLE AND CLEAN ENERGY LIFE BELOW WATER RESPONSIBLE CONSUMPTION AND PRODUCTION QO 3. HORIBA Core Values "The Next Stage of Super Dream Team" 15 LIFE ON LAND ✓ To enhance the organizational structure that fosters resilient human resources, which are the driving force of all business operations HORIBA © 2021 HORIBA, Ltd. All rights reserved. 5 GENDER EQUALITY 8 DECENT WORK AND ECONOMIC GROWTH 10 REDUCED INEQUALITIES 8#9Vehicle Electrification and HORIBA MLMAP 2023 Market Oriented Business Energy & Environment Provide Total Solution for the Vehicle Development - from Internal Combustion Engine to Electrification Vehicle type Vehicle R&D Technology requirement Drivetrain Engine ✓ Batty/Fuel cell Powertrain (ICE) Internal Combustion Engine Vehicle (HEV) Hybrid Electric Vehicle Engine Engine + Motor ✓ Electrified (PHEV) Plug-in Hybrid Electric Vehicle Motor + Engine Vehicle (FCEV) Fuel Cell Electric Vehicle Motor Measurement Analyzer Testing Procedures (BEV) Battery Electric vehicle RRIA Vehicle Engineering AMIRA AHORA COMP HORIBA © 2021 HORIBA, Ltd. All rights reserved. MIRA Motor Drivetrain HORIBA MIRA Engine Battery/Fuel Cell HORIBA FuelCon HORIBA HORIBA AHORIBA COMPANY MIRA HORIBA's Technologies 9#10Hydrogen Energy Society and HORIBA MLMAP 2023 Market Oriented Business Energy & Environment Hydrogen Energy: "Clean," "Storable and Transportable," and "Inexhaustible" Production Hydrogen Smartly ✓ Storage ✓ Use HORIBARCon HORIBA HORIBAFuelCon Evaluator C Water Electrolysis Cell Performance Evaluation A wide range of coverage Hydrogen Embrittlement Evaluation from demonstration experiments to practical use HORIBA © 2021 HORIBA, Ltd. All rights reserved. Evaluation of performance efficiency of water electrolysis cell Please see the link to the website for other products (Japanese only). https://www.horiba.com/jp/corporate-news/events/horiba-showcase/wsew/2020/corner/fc-expo/ Established the Hydrogen Energy Project 10#11Business Expansion in the Pharmaceutical Industry MLMAP2023 Market Oriented Business Bio & Healthcare Contribution in a Wide Range, from R&D to Production Processes Pharmaceutical process evaluation Process Raman System Analysis of exosomes¹ in blood Nanoparticle Measurement Instrument Highly-sensitive and rapid microbial contamination inspection Microbial Rapid Inspection Device Probe Probe www Bioreactor Probe HORIBA © 2021 HORIBA, Ltd. All rights reserved. Analytical Probe & Microscopic Raman HORIBA HORIBA Ver 2000 TFTT RIORDA Viewsizer™M 3000 1: Exosomes: Granular materials, diameter 50-150nm, secreted by various cells Rapica Inspection for vaccine shipping Fluorescence Analyzer Quantitative analysis of medicinal ingredients in tablets Transmission Raman Spectrometer ✓ Reactor monitoring in the pharmaceutical manufacturing process. HORIDA Aqualog Aqualog HORIBA 11#12High value-added solutions for semiconductor manufacturing processes A MLMAP2023 Market Oriented Business Materials & Semiconductor Various applications that contribute to semiconductor manufacturing Driving Growth in the Semi Market Mass Flow Controllers ✓ Perform precise control of gas and liquid supply lines in semiconductor manufacturing processes 60% of Global Market share* Chemical Concentration Monitors 1823 500 RAD 000 ✓ Measure concentrations of chemicals used in processes and in cleaning. in semiconductor manufacturing 80% of Global Market share* Creating a third cornerstone of the business eating Development of Sensing Technologies Optical Smart Sensing Technology (OSS) Particle detection systems PR-PD3EP High-accuracy detection of foreign substances on EUV- process pellicles Process gas End-point monitors monitors X-ray Fluorescence Analyzers HORIBA © 2021 HORIBA, Ltd. All rights reserved. *HORIBA's estimate 12 12#13Participation in the HAYABUSA2 Sample Analysis Project (Illustrated by Akihiro Ikeshita) HORIBA's core technology for the future ✓ Implemented non-destructive, non- contact analysis of elements contained in samples of asteroid Ryugu ✓ HORIBA Techno Service, which specializes in high-precision microanalysis, participates Analyzing the sample with our X-ray fluorescence MLMAP2023 Solution Provider Beyond Life Cycle Management Analytical Solution Plaza has been established to broaden service business Development of a container (cell) dedicated to samples of Ryugu to perform advanced sample handling HORIBA HORIDA Established in a new building of HORIBA Analytical Solution Plaza Techno Service HORIE ✓ ✓ A new "place" for exchange analysis Providing analytical technology through contracted analysis and joint research by analytical engineers Results of the analysis to be announced by JAXA in December 2021. Check it up! HORIBA © 2021 HORIBA, Ltd. All rights reserved. 13#14MLMAP2023 Variety of People-Oriented Measures BlackJack Project HORIBA Core Values "The Next Stage of Super Dream Team" HORIBA Stained Glass Project · Original business improvement activities aimed at changing employee awareness and actions. • An internal world cup competition is held every year to select the grand prize from the themes represented by region. HORIBA © 2021 HORIBA, Ltd. All rights reserved. • NADE SHIE 経済産業省 JPX 経済産 PX NADE SHIE ●●● KO 経済産業省 NADE SHIE NADE JPX 0 KO SHIE 業省 JPY 経済産業省 PX NADE SHIE KO 経済産業省 JPX NADE SHI KOŽ 2019 經濟 JPX NADE SHIE 0 KO ADE HIE 経済産業省 JPX NADE SHIE • Started with the mission to create new value on an ongoing basis by allowing various personalities and talents to shine. HORIBA is awarded Nadeshiko Brands Stock Selection Program by METI and Tokyo Stock Exchange 14#15Published "HORIBA Report 2020-2021" (Eng. ver.) An Integrated Report that conveys HORIBA's "diversity" and "uniqueness"! technology and diversity of human resources HORIBA supplies products with analytical and measurement technologies, which provide solutions to social issues. Technology and human resources support business. HORIBA will be a partner of customers to contribute to building a better society and generating greater social valu Creating social value Creating economic value Solution development Data management Sales Indo govern Customers calomes and beyond Fadcake HORIBA Report 2020-2021 Year ended December 31, 2020 Omashiro-akashiku My and Fun ** R&D Omeshin Core technologies Talents (HORIBARIANS) 6000 Measurement technologies Process & Environmental Measure- Medical ment Diagnostics businesses Open innovation Needs of society Develop as a new busin Close HORIBA supports the supply of semiconductors HORIBA develops diverse applications for semiconductor manufacturing processes (dry process, wet process, lithography), R&D, quality control, water quality measurement for the pure water used in processes and wastewater treatment, and more. As miniaturization and 3D integ O integration progress in semiconductors, more precise measurement and control are required in manufacturing processes. We utilize fluid control, liquid analysis, spectroscopic analysis, and other core technologies to provide chemical concentration monitors, particle detection systems, and mass flow controllers that achieve high-speed high precision gas supply HORIBA's balanced management that has nurtured the Semiconductor segment Even when the busineus ovironment is weak in on segment, HORIBA has been able to agily leverage its management resources to continue investing in each segment and achieve sustainable grow the semiconductor industry, with its volatile market w have continuously maireained and enhanced our competitions to growth to go a bines that our grotost source of profits 2.6 (9.8%) Semiconductor R&D expenses 5.3 (B.4%) 3.5 by segment billion yen (6.3%) 2.5 1.4 196) Mass Sow controllurs 60% Chemical concentration 80% Driving growth in business for the semiconductor market Point - Concentr technolog new areas At prasant, the majo concentration mo our forts on creati To accelerate this an concentrat HORIB rescut across sili sensing technologi solutions for now a processes and will c caductor indu Development of sensing technologies for semiconductor marke Advancing Optical Smart Sensing (OSS) tec Working to actively utilize the sensing technologies HORIBA holds globally for applications in the semiconductor m Established a dedicated OSS departmen In HORIBA STEC, Co., Ltd. a major grou in the Semiconductor segmen company in Perspectives on the utilization of Optical Smart Sensing Contribution to productivity improvement in semiconductor manufact Utilization of big data in control proosse management for semiconducto In-au gas analys Measurement equi wide-ranging apple Point HORIBA, Ltd. 2 Miyanohigashi, Kisshon, Minami-ku Kyoto 601-8510 Japan Phone: +81-75-313-8121 E-mail: [email protected] https://www.horiba.com/en_en/ History of business in the semiconductor market 1974 1980 Sashed Standard T 1984 1988 1992 billon yen (12.196) 2003 2005 2013 Caning of Complation of Completion of troduction of HORBASTEC HORIBA © 2021 HORIBA, Ltd. All rights reserved. wing 2015 2018 Cowing of Opening of CRSA Adavat Techgy Ce vology Cave 2021 New Developments! HORIBA 2000-212114) https://static.horiba.com/fileadmin/Horiba/Company/Investor_Relations/IR_Library /HORIBA_Report/20210812_HR_en_01.pdf 15#16Omoshiro-okashiku Joy and Fun HORIBA © 2021 HORIBA, Ltd. All rights reserved. நன Danke Grazie Terima kasih Gracias 3 谢谢 Σας ευχαριστώ πάρα πολύ Є THANK YOU شُكْرًا ขอบคุณครับ ана О Большое спасибо ありがとうございました Dziękuję Obrigado Cam on 3 감사합니다 Merci 16