Corporate Pro le

1-21, Shibaura 3-chome, Minato-ku, TEL +81-3-6478-2500 www.-holdings.com KIOXIA Group From Memory to KIOXIA By evolving “memory” we create uplifting experiences and change the world KIOKU AXIA MEMORY VALUE

As the inventor of the NAND “KIOXIA” is a combination of the Japanese word kioku meaning we had a profound impact on the world. “memory” and the Greek word axia meaning “value.” We will continue changing the world Merging “memory” with “value”, our company name KIOXIA as we keep evolving our memory technologies. represents our mission to uplift the world with memory. We will store and retrieve not only the information in human brains, Kioku, which underpins our mission and vision, goes beyond the devices, and media but also feelings and ways of thinking, ultimately notion of memory as mere data to broadly encompass experiences, connecting the experiences and emotions of every moment. emotions and ideas.

Contents

Mission Vision 03 Research and 07 Global 13 ・ Technology Development History Smart Factory Message from 03 09 President and CEO 15

Business Overview 05 Sustainability 11

01 02 Mission Uplifting the world with “memory” By evolving “memory” we create uplifting experiences and change the world.

From Toshiba Memory to KIOXIA Vision By evolving “memory” we create uplifting experiences and With progressive memory change the world technology at our core, we oer products, services, and systems that create choice and de ne the future. As the inventor of the NAND Flash memory we had a profound impact on the world. We will continue changing the world as we keep evolving our memory technologies. We will store and retrieve not only the information in human brains, devices, and media but also feelings and ways of thinking, ultimately connecting the experiences and emotions of every moment.

History We were the rst in the world to invent ash memory. Here is the path we have followed to uplift the world with “memory”.

1987 1991 1992 2000 2007 2014 2015 2016 2017 2018 2019 Invented the world's Commercialized Established Commercialized SD Announced the world’s Commercialized the world’s Commercialized the world’s Prototyped the world’s rst Established Toshiba Spun o from Transitioned to a rst NAND the world’s rst 4Mbit Yokkaichi Plant memory cards rst 3D ash memory rst 15nm NAND rst 48-layer BiCS FLASH™ 64-layer BiCS FLASH™ Memory Corporation Toshiba Group holding company structure ash memory NAND ash memory technology ash memory 3D ash memory 3D ash memory Prototyped 96-layer Developed XL-FLASH™ Commercialized 128 GB BiCS FLASH™ 3D ash memory storage class memory SSD with MLC NAND Changed company ash memory name to KIOXIA Completed construction of K1 at new Kitakami Plant

01 03 04 We provide new products and services that are essential to the full-scale utilization of big data.

The evolution of IoT, AI and 5G has caused an explosion in the amount of data being produced by society. Large-capacity, high-performance storage and high-speed data processing systems are essential to utilizing this data. Business As the leading company in ash memory, KIOXIA provides Overview products and services that give birth to new value. The role played by memory is becoming ever more important in a variety of situations.

AXIA KIOKU Automotive Entertainment MEMORY VALUE

“KIOXIA” is a combination of the Japanese word kioku meaning “memory” and the Greek word axia meaning “value.” Merging “memory” with “value”, our company name KIOXIA represents our mission to uplift the world with memory. Kioku, which underpins our mission and vision, goes beyond the Robotics Medical notion of memory as mere data to broadly encompass experiences, emotions and ideas.

Industry

Contents

IoT 5G Network Cloud Big Data AI Mission Vision 03 Research and 07 Global 13 ・ Technology Development History Smart Factory Message from 03 09 President and CEO 15

Business Overview 05 Sustainability 11

Flash Memory

02 05 06 Three approaches to “memory” technology. Leading the charge into new a “new age of memory”.

Memory SSD/Memory Cards Systems

Research and development of Development of high-performance Research and development of higher-capacity and higher-performance SSD and memory card products, and state-of-the-art storage systems, and AI 3D ash memory, research and development of security technologies applicable in factory and next generation memory. technology. production systems. Research and Technology The globe is our stage. Development Rapid access to the newest technologies across the world. KIOXIA conducts research at Searching for the next “memory” Yokohama Technology Campus Kanagawa Prefecture and Memory technology to uplift the world. Development Center at Yokkaichi Plant Mie Prefecture. KIOXIA also has overseas locations in countries and regions where cutting-edge IT companies are active, Yokkaichi Memory R&D Center Yokohama Technology Storage Research and to gain swift access to the newest Campus Design Center SRDC technology.

Collaboration across boundaries. Joint development towards the next “memory” technology. Consortia

KIOXIA actively involves in open innovation with various companies, and conducts joint development with universities and equipment/materials manufacturers for rapid product Material Equipment development. manufacturers manufacturers KIOXIA has passionate and inquisitive engineers from diverse expertise to pursue research and development for the next “memory” technology.

大 学

Universities

07 08 The world’s largest ash memory factory.

Our Yokkaichi Plant Mie Prefecture produces more than one third of the ash memory used throughout the world. According to our own research, and including joint capital investment with Corporation WDC. There are ve fabrication plants within the site’s 660,000 m grounds. And we collaborate closely with R&D and manufacturing departments to Smart produce advanced ash memory.

2018 Global NAND Flash Memory Market Share

Samsung SK hynix KIOXIA Factory % 4 Western Digital Evolving factories that employ 11% AI technology are delivering Micron Others high-quality products to the world. 11% 38%

15% 20%

This graph was created by KIOXIA using Gartner data and is based on sales Source: Norwood, Andrew et al., Market Share: Semiconductors by End Market, Worldwide, 2018, (Gartner: 8 April 2019) KIOXIA = Toshiba Memory & Toshiba

Smart factories that utilize big data.

We collect and analyze more than 2.5 billion data points from our production lines every day and employ them toward automated transport and advanced control of our production facilities. We are also starting to utilize AI technology. Using big data, we operate the new Kitakami Plant Iwate Prefecture in close cooperation with Yokkaichi Plant to secure high productivity.

AI Cloud

System Flash Big Data Integration Memory Fab

Simulation IoT

SMART FACTORY

09 10 Eorts toward sustainability.

KIOXIA Group promotes CSR management with the aim of changing the world for the better by contributing to solutions for societal challenges. We achieve this through creating new value by ful lling our mission to pursue the possibilities of “memory”.

Sustainability Our CSR material issues Respect for Observe universal principles on human rights Enriching society through “memory” Human Rights and promote fair and sound business activities On the basis of self-assessment in regard to the 345 items stated Respect for diverse individualities and life-work Diversity balance and create a work environment in which in ISO 26000, assessment review by a third-party institution, and Promotion communication with stakeholders, KIOXIA Group mapped core individuals can maximize their capabilities subjects (37 items), with the vertical axis representing the Promote human rights, labor, safety, CSR Management environmental and other initiatives in “degree of interest of stakeholders” and their horizontal axis in the Supply Chain representing the “importance to our business”, in the order of cooperation with suppliers high, medium and low priority. Then we, based on the results of Promote environmental management for people this analysis, eventually identi ed four high-priority items in both Environmental leading ful lling lifestyles in harmony axes as our CSR issues. Management with the earth

Example activity

Introduction of environmental-related facilities Systematizing 24-hour monitoring, detection and In order to prevent contamination by chemical substances and veri cation of eects on the environment reduce contamination risk, KIOXIA has established its Structural In order to protect our atmosphere, rivers and seas, we Design Guidelines to reduce the risk of a leak of chemicals at conduct 24-hour monitoring in accordance with internal environment-related facilities. standards that are stricter than government regulations.

Waste gas scrubber Overhead piping Drainage dike We carry out 24-hour monitoring of NOx, SOx, total Regulated nitrogen T-N, total phosphorus T-P, COD, Items suspended solids SS, uorine F and pH.

Non-regulated We conduct independent management through Items sampling in order to strengthen our management.

Analysis We have established an analysis center in our plant Structures and Reducing soil Preventing wastewater Center that analyses approximately 35,000 items every year. speci cations contamination risks from discharging into under for stable processing or public water areas

Wastewater treatment plant Double joints in piping Six-sided inspection

Stable processing system Monitoring and Six-sided inspection nds Automatic measurement Automatic measurement Analysis Center and preventing outow of preventing liquid leakages abnormality easily of water quality of soot and dust wastewater in an early stage

Our eorts to help achieve the Sustainable Development Goals SDGs.

The 2030 Agenda for Sustainable Development was unanimously adopted at the United Nations headquarters in New York in September 2015. The agenda calls for no one to be left behind and stipulates 17 sustainable development goals SDGs as important guidelines to help the international community realize sustainable development and the elimination of poverty by 2030. In KIOXIA Group, we are working towards identifying how our companies’ businesses are related to each of the 169 targets set for the 17 Sustainable Development Goals and are considering ways of contributing to the achievement of these. In scal 2018, we held CSR lectures and internal planning conferences focusing on the SDGs. Going forward, we will continue to work on measures to help achieve these.

11 12 Approximately 90% of KIOXIA’s sales come from global markets. Global The world’s tech companies are our customers.

Plant locations R&D locations Sales contacts

Sales by region

50% 38% 4%8%

AMERICAS ASIA PACIFIC EMEA

Plant locations R&D locations

Japan KIOXIA Yokkaichi Plant Japan Yokohama Technology Campus

Japan KIOXIA Iwate Corporation Japan Yokkaichi Memory R&D Center

America Storage Research and Design Center SRDC

UK KIOXIA TECHNOLOGY UK LTD

Israel KIOXIA ISRAEL LTD

Sales contacts

America KIOXIA America, Inc. Taiwan KIOXIA Taiwan Corporation

Europe KIOXIA Europe GmbH Korea KIOXIA Korea Corporation

Hong Kong KIOXIA Asia, Limited China KIOXIA (China) Co., Ltd.

Singapore KIOXIA Singapore Pte. Ltd.

13 14 From Toshiba Memory to KIOXIA — Toshiba Memory Ocially Becomes KIOXIA — Unleashing the Potential of “Memory”

Toshiba Memory Corporation ocially changed its name to KIOXIA Corporation, eective on October 1, 2019. The name KIOXIA reects the company’s mission to “uplift the world with ‘memory’”. When we say “memory”, we mean much more than simply recorded data. To us, it represents the comprehensive collection of emotions, experiences and ideas beyond digital Company Outline information gathering. As KIOXIA, we will create new value in the memory space, changing the world through innovative solutions. KIOXIA Holdings Corporation

From the invention of NAND ash memory in 1987, to pioneering the Address 1-21, Shibaura 3-chome, Minato-ku, Tokyo development of 3D ash memory, we have always been leading the President and CEO Nobuo Hayasaka charge into new eras of memory. Today, we deliver ash memory and Capital 10 billion yen solid state drives (SSD) which power crucial information infrastructure, Shareholders BCPE Pangea Cayman, L.P. (49.9%) including data centers, smartphones, PCs and electronic devices Toshiba Corporation (40.2%) (9.9%) essential to people’s lives across the globe. Note: Based on ownership of voting rights

As our digital society and technological innovation continues to move Business Outline Group strategy formulation and management oversight

forward, the amount of data being generated, stored and utilized is Employees Approx. 80 Consolidated approx. 12,000 increasing exponentially, leading to a new era of memory. As KIOXIA, Website www.kioxia-holdings.com we will lead this new era by leveraging our creative technology to further enrich people’s lives and expand possibilities within society through innovative memory solutions. KIOXIA Corporation Together, we have an exciting journey ahead. Address 1-21, Shibaura 3-Chome, Minato-ku, Tokyo Establishment April 1, 2017 Nobuo Hayasaka President and CEO Nobuo Hayasaka

President and CEO Capital Approx. 223 billion yen KIOXIA Corporation Shareholder KIOXIA Holdings Corporation 100% KIOXIA Holdings Corporation Business Outline Development, manufacturing and sales of memory and related products, and related business Major Subsidiaries Japan KIOXIA Systems Co., Ltd. KIOXIA Advanced Package Corporation KIOXIA Etoile Corporation KIOXIA Iwate Corporation Overseas KIOXIA America Inc. KIOXIA Europe GmbH KIOXIA Asia, Limited KIOXIA Singapore Pte. Ltd. KIOXIA Taiwan Corporation KIOXIA Semiconductor Taiwan Corporation KIOXIA Korea Corporation KIOXIA (China) Co., Ltd. KIOXIA Israel Ltd. KIOXIA Technology UK Ltd. Website www.kioxia.com

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