SMBC Nikko – Japan Series ESG Conference London

ESG Information
Masao Okawa
Managing Director
HORIBA, Ltd.
October, 2021
© 2021 HORIBA, Ltd. All rights reserved.

Corporate Motto “Joy and Fun”

If we take on new challenges and havepride in the work that occupies most of
the active time in our lives, in the place
where we spend a large part of eachday, then the result will be a more
fulfilling life, and we will be able toenjoy our lives even more. Taking on
new challenges and having pride in ourwork leads us to “Joy and Fun.”
The founderDr. Masao Horiba© 2021 HORIBA, Ltd. All rights reserved.

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HORIBA’s Management Policy
Corporate Motto“Joy and Fun”
HORIBA Corporate Philosophy

Code of Ethics

HORIBA’s mission in society

Guide to conduct business honestlywith integrity<Four Main Themes>✓Business operations✓Customer responsiveness✓Responsibility to shareholders and investors✓Employees<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© 2021 HORIBA, Ltd. All rights reserved.

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Omoi: Five Pillars to Phrase the HORIBA Way✓ We encourage our employees to have the following “Omoi,” which is the essenceof acting on “Joy and Fun” through their work
• To be a part of a collaborative community, at theforefront of new ideas and creations.
• To achieve goals and make life memorable byfostering the highest intellectual potential.
• To reach across the globe to expand learning thatcaptures key business developments, wherever theyoccur.
• To be proud of sharing what I do and what HORIBA
delivers.
• To be helpful to the world and its people.

© 2021 HORIBA, Ltd. All rights reserved.

The Japanese word “omoi” isused to share HORIBA way
among global employees.

4Governance 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© 2021 HORIBA, Ltd. All rights reserved.

5Management Members
Board ofDirectors

Masao Okawa
Managing Director

Juichi Saito
Executive Vice
Chairman & Group COO

Atsushi Horiba
Chairman &Group CEO(Doctor of Engineering)Takashi Nagano
Director

Sawako Takeuchi

Haruyuki Toyama

Masayuki Adachi

Non-executive andIndependent Directors

President(Doctor of Engineering,Doctor of Economics)

Fumihiko Matsuda(Doctor of Medicine)

Audit &Supervisory
BoardOutside and IndependentAuditors
Atsushi NakamineStanding Auditor© 2021 HORIBA, Ltd. All rights reserved.

Keiji Yamada

Tomoko Tanabe

6HORIBA’s Contribution to Social and Environmental Issues◼ Utilizing our analytical andmeasurement technology,
we contribute to solving issues
to maintain the environmentand society healthy© 2021 HORIBA, Ltd. All rights reserved.

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MLMAP2023 - HORIBA’s Contribution to Social Issues
Mid-Long Term Management Plan ”MLMAP2023”

1. Market Oriented Business✓ To develop analysis and measurement solutions, utilizing HORIBA’score technologies, in the leading three business fields of the mega trend
Energy &Environment

Bio &Healthcare

Materials &Semiconductor

Three Fields

2. Solution Provider Beyond Life Cycle Management✓ To support customers’ core businesses from all aspects – from productintroduction to replacement

3. HORIBA Core Values “The Next Stage of Super Dream Team”✓ To enhance the organizational structure that fosters resilient humanresources, which are the driving force of all business operations© 2021 HORIBA, Ltd. All rights reserved.

8MLMAP2023
Market Oriented Business

Vehicle Electrification and HORIBA

Energy & Environment

Provide Total Solution for the Vehicle Development – from Internal Combustion Engine to Electrification
Vehicle type

R&D Technology requirement
VehicleDrivetrain

EngineEngine✔

✔

✔

(HEV) Hybrid Electric Vehicle

Engine + Motor✔

✔

✔

✔

(PHEV) Plug-in Hybrid Electric Vehicle

Motor + Engine✔

✔

✔

✔

(FCEV) Fuel Cell Electric Vehicle

Motor✔

✔

✔

(BEV) Battery Electric vehicle

Motor✔

✔

✔

(ICE)

Electrified
VehiclePowertrain

Internal Combustion Engine Vehicle

VehicleDrivetrain

EngineBatty/Fuel cell

Battery/Fuel Cell

Measurement
Analyzer

Testing
Procedures

Engineering

HORIBA's Technologies© 2021 HORIBA, Ltd. All rights reserved.

9Hydrogen Energy Society and HORIBAMLMAP2023
Market Oriented Business
Energy & Environment

Hydrogen Energy: "Clean," "Storable and Transportable," and "Inexhaustible"
Hydrogen Smartly✓ Production✓ Storage✓ Use

Water Electrolysis Cell
Performance Evaluation

Hydrogen Embrittlement
Evaluation

Evaluation of performanceefficiency of water electrolysis cell

A wide range of coverage
from demonstration experiments to practical use

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© 2021 HORIBA, Ltd. All rights reserved.

10Business 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

Analysis of exosomes1 in blood

Highly-sensitive and rapid microbial
contamination inspection

Process Raman System

Nanoparticle Measurement
Instrument

Microbial Rapid
Inspection Device

Analytical Probe &Microscopic Raman

ViewsizerTM
3000
1: Exosomes: Granular materials, diameter
50-150nm, secreted by various cells

ProbeProbe

RapicaInspection for vaccine shipping

Quantitative analysis of medicinal
ingredients in tablets

Fluorescence Analyzer

Transmission Raman
SpectrometerProbe✓ Reactor monitoring inthe pharmaceuticalmanufacturing process
Bioreactor© 2021 HORIBA, Ltd. All rights reserved.

Aqualog11

High value-added solutions forsemiconductor manufacturing processes

MLMAP2023
Market Oriented Business
Materials & Semiconductor

Various applications that contribute to semiconductor manufacturing
Driving Growth in the Semi Market

Development of Sensing Technologies

Mass Flow Controllers

Optical Smart Sensing Technology (OSS)✓ Perform precise controlof gas and liquid supplylines in semiconductor
manufacturing processes

60% of Global Market share*
Chemical Concentration Monitors✓ Measure concentrations ofchemicals used inprocesses and in cleaning
in semiconductor
manufacturing

Particle detection systems

Creating athirdcornerstoneof thebusiness

PR-PD3EP
High-accuracy detection offoreign substances on EUVprocess pellicles
Process gasmonitors

End-point monitors

X-ray Fluorescence
Analyzers

80% of Global Market share*© 2021 HORIBA, Ltd. All rights reserved.

*HORIBA’s estimate

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Participation in the HAYABUSA2Sample Analysis Project

MLMAP2023
Solution Provider BeyondLife Cycle Management

HORIBA's core technology for the future✓ Implemented non-destructive, noncontact analysis of elements containedin samples of asteroid Ryugu✓ HORIBA Techno Service, which
specializes in high-precision
microanalysis, participates（Illustrated by Akihiro
Ikeshita）

Analytical Solution Plaza has been
established to broaden service business

Analyzing the sample with our X-ray fluorescenceanalyzer

Established in a newbuilding of HORIBATechno Service

Development ofa container(cell) dedicatedto samples ofRyugu toperform
advancedsamplehandling✓ 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!
© 2021 HORIBA, Ltd. All rights reserved.

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Variety of People-Oriented Measures
BlackJack Project• Original business improvement activities aimed atchanging employee awareness and actions.

• An internal world cup competition is held every year to
select the grand prize from the themes represented byregion.
© 2021 HORIBA, Ltd. All rights reserved.

MLMAP2023
HORIBA Core Values“The Next Stage of Super Dream Team”

HORIBA Stained Glass Project• Started with the mission to create new value on an
ongoing basis by allowing various personalities andtalents to shine.
• HORIBA is awarded Nadeshiko Brands Stock Selection
Program by METI and Tokyo Stock Exchange
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Published “HORIBA Report 2020-2021” (Eng. ver.)An Integrated Report that conveys HORIBA's "diversity" and “uniqueness"!

https://static.horiba.com/fileadmin/Horiba/Company/Investor_Relations/IR_Library/HORIBA_Report/20210812_HR_en_01.pdf© 2021 HORIBA, Ltd. All rights reserved.

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© 2021 HORIBA, Ltd. All rights reserved.

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