Corporate Philosophy

Creating a Sustainable Future Together

In April 2021, Anritsu formulated its new Company Vision and Company Policy toward 2030.

Our Sustainability Policy was revised at the same time. We take on the challenges of creating a sustainable society together with our stakeholders through the actions of every employee under the philosophy, vision, and policy.

Company Philosophy

Contribute to the development of a safe, secure, and prosperous global society by oering

"Original & High Level" products and services with "Sincerity, Harmony, and Enthusiasm"

Company Vision

Beyond testing, beyond limits, for a sustainable future together

Company policy

1. Growing day-by-day both as people and as a company based on self-development and sincere eort

2. Solving challenges through internal and external cooperative collaborations and harmonious relations

3. Making breakthroughs with enthusiastic and progressive spirit

4. Devoting the company and stakeholders to building a people- and planet- friendly sustainable future

Sustainability Policy

The Anritsu Group aims to increase our long-term corporate value

through contributing to building a sustainable future of the global society

with "Sincerity, Harmony, and Enthusiasm."

We will contribute to building a safe, secure, and prosperous global society through our business activities, based on our long-term vision.

We will take the initiative in solving environmental issues, such as climate change, to contribute to building a people- and planet- friendly future.

We will respect the human rights of all people and strive to create a workplace offering healthy lives and decent work for all where diverse individuals can grow together.

We will operate as a business with high corporate responsibility, peaceful, just, and ethics while maintaining business transparency to meet our social obligations.

We will promote communications with stakeholders to develop strong partnerships and meet the challenges of solving social issues.

Revision April 2021

Anritsu Group Charter of

Anritsu Group Code of Conduct

Corporate Behavior

CONTENTS

01

Corporate Philosophy

03

Group CEO Message

05

Overview of Sustainability

09

Solving Social Issues

15

Promoting Sustainability

Management

Through Business

Management

19

Environment

46

Social

74

Governance

92

Other Information and Appendix

01

Anritsu Sustainability Report 2021

Corporate Philosophy

Our Passion Encapsulated in the New Company Vision and Brand Statement

The new Company Vision represents our conviction that every employee should be able to take on challenges, consistently provide new value to society, and grow in the future. We intend to be a company that meets stakeholder expectations while broadly communicating the new brand statement, "Advancing beyond,"

which succinctly expresses this conviction and confirms our commitment to all stakeholders.

New Company Vision

Beyond testing, beyond limits, for a sustainable future together

Beyond testing

Anritsu welcomes new ideas and technologies to go beyond conventional testing and

add increased value and innovation.

Beyond limits

Anritsu goes above existing business boundaries by valuing every employee's enthusiasm and supporting their challenges to shift the paradigm and achieve breakthroughs not only in technology but in every business aspect.

For a sustainable future together

Anritsu employees together with customers and stakeholders will devote their business to solving social issues to build a sustainable and hopeful future for new generations.

Brand Statement/Brand Story

The future will arrive even if we stand still, and what value will we see in it?

Consequently, Anritsu is proactively stepping forward.

Based on our accomplishments in testing technology supporting the development of telecommunications and the safety and security of food and pharmaceutical products, we are advancing into new domains by leveraging conceptual and technological synergies with various partners.

Breaking Barriers - Transcending Boundaries

To achieve an affluent, sustainable society, we will work together to exceed limits and go beyond testing.

Advancing beyond

Anritsu Sustainability Report 2021

02

Group CEO Message

Group CEO Message

Working torealize the sustainability of a safe, secure, and prosperous global society and create new value

Hirokazu Hamada

Representative Director, President of Anritsu, Group CEO

In April 2021, the Anritsu Group formulated its new Company Vision, "Beyond testing, beyond limits, for a sustainable future together."We are committed to taking on challenges with our stakeholders to realize a sustainable society without limits.

Keep your eyes on the Anritsu Group to see the future.

Devoting the Company and Stakeholders

to Building a People- and Planet-Friendly

Sustainable Future

The new Company Vision, "Beyond testing, beyond limits, for a sustainable future together," summarizes our strong commitment to create and pass down a sustainable, hopeful future to new generations with all of our stakeholders by pursuing the highest level of testing and measurement, our major competency; developing the pillars of new businesses by combining different ideas and technologies within and outside the Company; and creating high value and new fields beyond conventional testing while surpassing Anritsu's traditional limits through the initiative and concerted action of employees.

Anritsu Sustainability Report 2021

03

Group CEO Message

Supporting the Foundation of Sustainability with Test and Measurement Technology

The Anritsu Group aims to increase our long-term corporate value through contributing to building a sustainable future of the global society with "Sincerity, Harmony, and Enthusiasm."

Online services in the fields of business, healthcare, education, and public services are dramatically proliferating as a means for preventing the spread of COVID-19. This trend increases the urgency of building a safe, secure, and resilient network infrastructure

that is essential for our business activities and daily life. Digital transformation (DX), which plays a key role in Society 5.0, proposed by the Japan Federation of Economic Organizations is introducing innovation that enhances everyday life through the evolution of digital technologies, which are also based on telecommunications.

Anritsu provides technologies, products, and solutions that contribute to the building of safe and secure infrastructure that leads to the foundation for industries and technological innovation. From the aforementioned, we take Group-wide actions to establish industries that contribute to the building of a sustainable society and to promote innovation.

Accelerating the Establishment of

Sustainability Management

As one component of our Company Policy that we revised with our Company Vision, we include the promise of "Devoting the company and stakeholders to building a people- and planet-friendly sustainable future." We also revised our Sustainability Policy, in which we state our efforts in each ESG area. The policy represents our firm commitment to seizing the initiative to address social issues such as climate change, respect for human rights, diversity and inclusion, and maintaining a peaceful, just society in partnership with our stakeholders while also actively engaging in the creation of a future society.

We announced our sustainability targets in the ESG domains in April 2021 based on projecting from the long-term perspective of 2030 to demonstrate concrete targets for our three-year plan as milestones for our long-term goals. We are partnering with employees to further promote sustainability management so that all of them in their diverse personalities and talents are able to recognize the SDGs, take personal ownership of global issues, and contribute to achieving the SDG targets.

Sustainability target (ESG)

Goals and initiatives

GLP2023:KPI

Long-term plans and

Greenhouse gases (Scope 1+2): 23% reduction compared

to FY2015

initiatives to reduce

Greenhouse gases (Scope 3): 13% reduction compared to

E

greenhouse gas emissions

FY2018

…30% reduction by FY2030

Environment

Increase in the share of in-

In-house power generation ratio: 13% or more (compared

house renewable power

to FY2018 power consumption)

generation (PGRE 30)

… To be increased to around 30% by 2030

Advancement of women: A proportion of women in

manager positions of 15% or more

Promoting diversity

Advancement of the elderly: Employment until the age

of 70 and the establishment of a new compensation

management

packages

S

Promote employment of physically challenged people:

Achieve the legally mandated employment rate of 2.3%

Social

through job development

Strengthening of supply chain due diligence: A

Promoting global CSR

cumulative total of 10 or more companies, over 3 years

Developing awareness on CSR procurement to suppliers

procurement

at least twice per year, and provide training at least once

each year

Improving global governance

Promoting the diversity of the Board of Directors, outside

G

director ratio 50% or more

Promoting the establishment

All overseas subsidiaries meet the criteria of Control Self-

Governance

of an internal control system

at overseas subsidiaries

Assessment (CSA)

Encouraging the Wider Use of Renewable Energy by Increasing the Share of Private Solar Power Generation under PGRE 30

One of these efforts is PGRE 30, which is officially called the Anritsu Climate Change Action PGRE 30. This unique Anritsu action plan was established in 2019 to reduce our greenhouse gas emissions

and defines our environmental targets in response to climate change. We plan to introduce solar power generation facilities and increase the private renewable energy generation ratio using the Anritsu Group's energy consumption in fiscal 2018 as a base, from 0.8% for fiscal 2018 to about 30% by around 2030. We are already operating solar power generation at the head office (Atsugi City, Kanagawa Prefecture) and Tohoku Anritsu Co, Ltd. (Koriyama City, Fukushima Prefecture). In October 2020, Anritsu Company (U.S.A.) in California started to operate a solar power generation facility (1,100 kW). As a result, our share of solar power generation rose to 3.3% in fiscal 2020. The share will rise as high as 7% or 8% in fiscal 2021, and we are targeting at least 13% by fiscal 2023.

We will install solar power generation facilities at three business sites to help achieve Goal 7, Target 7.2 of the SDGs: By 2030, increase substantially the share of renewable energy in the global energy mix.

Dealing with the COVID-19 Pandemic

With no sign of the COVID-19 pandemic being contained anywhere in the world, Anritsu is working to prevent COVID-19 infections while ensuring business continuity. We have taken measures such as promotion of telecommuting, ensuring social distancing, and conducting various events online while also providing commuter bus service for employees and producing nonwoven fabric face masks made by employees of Anritsu Kousan Co., Ltd. We are distributing masks to employees as well as customers and suppliers. Our subsidiary AT Techmac Co., Ltd. manufactured panels that have been placed in our offices, employee cafeterias, and reception rooms to prevent droplets from spreading.

While retaining "Sincerity, Harmony, and Enthusiasm" as stated in the Company Philosophy, and raising awareness of and extensively implementing the new Company Vision, we intend to become a company that is required by society and contributes to creating

a better future. We are committed to taking on every challenge without exception. Look to the Anritsu Group to see the future.

Anritsu Sustainability Report 2021

04

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Anritsu Corporation published this content on 17 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2021 16:06:02 UTC.