Inherited
ULVAC-StyleULVAC’s Strategy

Message to Our
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CorporateGovernance

Financial Data/
Corporate Information

Key initiatives statusPages

Relevant
Sustainable
DevelopmentGoals (SDGs)

We endorse the Task Force on Climate-related Financial Disclosure (TCFD) recommendations andstrive to disclose relevant information. As part of the comprehensive climate-related strategy, we haveset greenhouse gas emission reduction targets and are promoting introduction of renewable energy
and working to improve energy efficiency.

P.50, P.51

About ULVACULVAC’s VisionULVAC’s Strategy

Details of Initiatives for Materiality
The ideal state, success factors, and targets are set for each materiality. Meeting twice a year, theSustainability Promotion Committee confirms the progress situations and determines and reviews actionplans, which are implemented by the respective responsible persons.

ESG

Materiality

Key initiatives

Initiatives for the Task Force on Climaterelated Financial Disclosures (TCFD)
Recommendations and Climate Action

EContribution to a Sustainable Global
Environment

Development of Diverse Human Resourcesand Promotion of Their Advancement

SRespect for Human Rights and Responsible
Conduct in the Value Chain

Promotion of Creation and Co-creation ofInnovation with Vacuum Technology as theCore“ULVAC Green Products” Certification Programfor Environmentally Friendly Products

The program certifies products that satisfy the applicable standards for ULVAC’s evaluation items
concerning environmentally friendly design.

P.54

Environmental Activities in FY 2022
Efficient Use of Water, Management ofChemical Substances, Participation in theReforestation Partner System

With the aim of protecting the planet’s ecosystem and maintaining biodiversity, we are vigorously
working on preservation of water resources, proper management of chemical substances, and forest
preservation and reforestation projects.

P.50, P.53

Human Resources Development,
Development of Core Human Resources

We provide comprehensive programs to support employees’ skills enhancement and careerdevelopment.

P.42-P.43

Respect for Diversity and Inclusion
Creating an Excellent Working Environment

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ULVAC VALUE REPORT 2023

We foster a corporate culture conducive to employees from diverse backgrounds working together,respecting and supporting one another. We also focus on cultivating a working environment inwhich individual employees can demonstrate their strengths and originality while enhancing theirproductivity.

P.41, P.43

Key metric: Ratio of women in managerial positions
Target: 10% or more by June 2026 in the ULVAC Group
Result: 9.0% (FY 2022)

Promotion of Health and Productivity
Management

We are promoting health and productivity management as an important management issue. Initiatives
include periodic medical checkups, stress management, and exercise programs.

P.44

Occupational Safety and HealthAs the implementation of precautionary measures to ensure the health and safety of our employees,
improvement of safety awareness, and establishment of appropriate response measures in theevent of an emergency, we are striving to improve safety standards, reduce accident rates, and raise
employee safety awareness.

P.48

Human Rights
Responsible Procurement Management

We are striving to ensure respect for human rights and responsible procurement throughout our
supply chain, including ensuring fair working conditions, ensuring there is no forced labor or childlabor, and building sustainable relationships with our suppliers.

P.45-P.47

Development Policy, R&D Investment Policy
R&D System

With the aim of strengthening the semiconductor field, which is a growth driver, we are making
strategic investments and allocating resources. We are also emphasizing development of newproducts, an increase in the number of patents granted, and expansion of R&D partnerships.

P.37, P.38

Intellectual Property Assets

In accordance with the basic policy: “to develop and enhance the business environment, strengthen
the competitiveness of the entire ULVAC Group, and enhance corporate value through intellectualassets,” we are striving to create and utilize intellectual property assets.

P.40

Green Innovation Joint Research

Capitalizing on our prowess in vacuum technology in the development of new technologies for themanufacture of compact and lightweight storage batteries, we will create innovation leading toresolution of social issues. We are also promoting various joint research projects.

P.38, P.39

ULVAC’s Sustainable Management
Corporate GovernanceRisk Management
With Our Stakeholders

In order to promote sustainable management, we are implementing management strategy from theintegrated environmental, social, and governance (ESG) perspective.
Regarding corporate governance, we have put in place systems to ensure organizational transparency
and protect the interests of our stakeholders. This includes establishing appropriate oversight systems
and strengthening risk management.
Moreover, we also attach great importance to relationships with our stakeholders, and aim to enhance
corporate value and achieve sustainable growth through dialogue with employees, customers,
business partners, investors, and local communities.

P.21
P.55-P.66
P.68

Compliance

We are committed to preventing misconduct and to maintaining high ethical standards through thedevelopment of a compliance system and education for employees. The whistleblowing system isestablished for early detection and correction of misconduct and violations.

P.67

G
Cultivation of Resilient Organizations

Key metric: Greenhouse gas emissions
Target: Reduce greenhouse gas emissions in 2030 by 40% as compared with 2020 (Scope 1 and 2)

ULVAC VALUE REPORT 202336