CEO’sMessage

Our pursuit of sustainability is the practice of our Corporate Philosophy, and we undertake a diverse range ofcompany-wide measures through our business.
As the social importance of semiconductors and displays increases, the key issues that we need to strengthen(i.e., material issues) based on a strong management foundation of safety, quality, compliance, governance andrisk management underpinning our business activities are product competitiveness (being the first to identify
leading-edge technological trends and changing needs), continuously creating next-generation products withthe overwhelming added value and performance that future customers will require, and being the sole
strategic partner based on our extensive track record and customer responsiveness, as well as higher
productivity based on the continual improvement of operational efficiency. As a result of these efforts, we willfurther reinforce earnings power.
To address environmental issues, our technologies contribute to enhancing the performance and reducing thepower consumption of semiconductor devices and displays, and in December 2020, we revised our mediumterm environmental goals for fiscal year 2031. Our goals are to reduce CO2 emissions per wafer by 30%
compared with fiscal year 2019 and to reduce total CO2 emissions from plants and offices by 70% comparedwith fiscal year 2019 by using 100% renewable energy and implementing other measures. In addition to theseindustry-leading goals, we launched E-COMPASS (Environmental Co-Creation by Material, Process andSubcomponent Solutions) as a new initiative in June of this year. We believe that continuously implementing
global environmental preservation measures throughout the entire supply chain will strengthen productcompetitiveness and lead to the provision of added value to customers. Through these measures, we will
perform our social roles for achieving decarbonization.
To promote the sustainability management expected of us by global society, we signed the United Nations
Global Compact and joined the Responsible Business Alliance (RBA). Through these international initiatives, weare actively addressing environmental issues and human rights issues as well.

I would like to express my sincere gratitude to all stakeholders for your continued support and patronage.
The previous year saw the global spread of COVID-19 and frequent natural disasters arising from climatechange, including torrential rains in Japan and hurricanes and cold spells in North America. In addition, therewere geopolitical issues such as trade friction as well as various human rights issues that occurred worldwide.
It became a year carved in history as one that had a major impact on society and the lives of people.
On the other hand, it was also a year when digital transformation (DX) made progress in our daily lives and all
kinds of industries, and the importance of semiconductors, which are essential for information andcommunication technology (ICT), became prominent. Applications expanded for the displays that link people
and data, and additional advances in technological innovation were made.

Regarding corporate governance that underpins our business activities, we strive to create highly effective
structure that can achieve sustainable growth while considering our corporate culture and the uniquecharacteristics of our business so that we can adequately perform management decision-making andsupervisory functions.
Moving forward, to properly fulfill our mission and responsibilities, we will aim to remain a truly excellent global
company that is loved and highly trusted by all stakeholders by promoting sustainability-focused management
and contributing to addressing issues of industry and society as well as their development.
Your continued support and patronage are very much appreciated by all of us at Tokyo Electron.

As a result of the spread of the IoT, AI, 5G and other technologies, we are transitioning to a data society at an
unprecedented pace. As efforts to solve global environmental problems progress, the balancing of “digital andgreen” is now a major trend around the world.
Toshiki KawaiUnder the circumstances, Tokyo Electron seeks to leverage our expertise developed as a globally leadingcompany and as a manufacturer of semiconductor and flat panel display production equipment and use all ofour management resources, including the employees who are the source of value creation, in order tocontribute to the realization of the social issue of the compatibility of digitalization and greening as well as ashared value. We strive to practice our Corporate Philosophy, ”We strive to contribute to the development of adream-inspiring society through our leading-edge technologies and reliable service and support” whileincreasing medium- to long-term profit expansion and continuous corporate value enhancement.

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Representative Director, President & CEOTokyo Electron Limited

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