Sound Mind, Sound Body Table of 03 Message from the CEO/COO

Sustainability Report 2020

Contents 04 ASICS at a glance

05 Sustainability Framework

11 Introduction to People 12 Consumers and Communities 15 Supply Chain 09 People 23 Our people

28 Introduction to Planet Planet 29 Products 26 36 Operations

45 External Recognition

46 VISION 2030

48 Appendices 2 O N R T 3 I COO CEO & the from Message Representative Director Ch Oyama Motoi airman and CEO

Representative Director COO and President Yasuhito Hirota we a company the for targets long-term the sents pre which VISION2030, in themes core the of one way, sustainability made wehave so asustainable in to we have why work is That earth. body, asound weneed asound in mind asound wedo. To achieve that people help all in entwined is philosophy This lives. happy and healthy physically and mentally live world r philosophy The world. the and Japan, in ren, good mental and physical health for child through future the of improving goal the with In 1949, founded Kihachiro Onitsuka ASICS philosophy — A Sound Mind in a Sound Body. Anima Sana In Corpore Sano on the world’s and supply chain. businesses Th home. at healthy and tive ac to stay people to encourage online grams of We enjoying sports. provided training pro environment the changed has home at Being o to protect issued governments local and state the stay-at-home guidance that national, A virus, of the spread the slow to help ponse l mil threatened has COVID-19The pandemic Protecting Lives During COVID-19 issues. these to tackle wework as ASICS guides it and planet, the and people for ever than more Kihachiro Onitsuka’s philosophy is needed now COVID-19 pandemic. the and change climate including challenges, Yet global facing weare second. asplit in world the around travel can information Today, digital that age an in welive ions of lives globally. As an immediate res immediate an As globally. of lives ions eflects our ambition that people around the ur vendors, consumers, and employees. SICS closed retail stores and implemented implemented and stores retail closed SICS e pandemic has also had a major impact impact a major had also has e pandemic spire to be in the future. the to in be spire is our founding -

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- A a Sound Earth He pliers’ financial stability. We also created a A S and distributed it to each supplier. and continue in living good health. e vironmental and issues to preserve sustainable en and social critical to resolve aim efforts brand tagline ‘Sound Mind, Sound Body’, our In line with ASICS’ founding philosophy and a futuresustainable for people our business, a for strive and stakeholders our with to work (SDGs), continue Goals wewill Development Alignedanalysis. with the UN Sustainable materiality a new on 2030, toward based plan w tinue. In 2020, VISION2030, ASICS launched five previous of our year final the 2020 was f goals higher to achieve plans action our dated net-zero up wehave by such, 2050. As world acollective for aim and levels pre-industrial above to 1.5 degrees increases temperature to ongoing limit average global efforts support r to action radical to take sector private the res W 2030. toward topics mental environ and social on strategy new our lines and Sustainable. The Sustainable theme out s of our many We achieved plan. strategic -year pr We published our approach, which aimed to educe greenhouse gas (GHG) emissions. We or cutting our emissions. or cutting ustainability targets, but our work must con must work our but targets, ustainability nd the planet. nvironment so that people can enjoy sports sports enjoy can people that so nvironment ddressing theddressing long-term climate requi crisis hich has three key themes: Digital, Personal Personal Digital, key three themes: has hich e have already started taking action on our on action taking started already e have otect workers factory our sup and support alth for and Guideline Safety COVID-19 ound Mind in a Sound Body needs needs Body aSound in Mind ound

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SUSTAINABILITY REPORT 2020 O N R T 4 I 2020 IN NUMBERS IN 2020 glance a at in 22 countries manufacture our products our manufacture countries 22 in Tier 1 suppliers 150 than more at Corporate Headquarters 32.9% women employees 8,904 C-Level or above or C-Level ASICS meet factories 1supplier 98% Tier

and to connections other worldwide. stakeholders events sponsored partners, business chain supply our through further extends reach Our Exchange. Tokyo Stock the on listed stock are and world the around 52businesses We operate brands. lifestyle and performance sports top world’s the of one is ASICS 48.0% emissions reduced emissions operations from direct our 25.0% CO polyester consumption polyester total in used polyester recycled 19.5% 10.7% 13.4% 8.9% 10.2% 8.9% 2

per category per SALES NET Others Tiger Onitsuka Equipment and Apparel Sportstyle Core Performance Sports Performance running

in contributions and donations Net income: -16.1 billion yen for the community

328.7 yen billion US$ 673,262 US$ Net sales:

SUSTAINABILITY REPORT 2020 O N R 5 T I Framework Sustainability ASICS everything we do. we everything of core the as philosophy our keeping health, physical and mental to improving contribute that environment an and services, products, to offer continue will ASICS ever before. than more needed is philosophy this world, people to live healthy and fulfilled lives. In our changing to enable wish our represents Body’ Sound Mind, ‘Sound future. the in now and activities and business our to central itis and new VISION2030, our in a key pillar to be continues Sustainability targets. and vision term Body’, Sound long- Mind, our we out set ‘Sound losophy In order to fulfil our ambitions under our founding phi

SUSTAINABILITY REPORT 2020 O N R 6 T I in particular goals 3, 5, 6, 8, 12, 13, and 17. and 13, 12, 8, 5, 6, 3, goals particular in SDGs, the with align activities sustainability (SDGs). Our ASICS supports the UN Sustainable Development Goals Supporting the UN Agenda Sustainability trix is provided in About this report. report. this About in provided is trix ma and approach materiality our on detail More disclosure. and governance corporate and management, water ment, engage employee circularity, chain, supply the in rights human action, climate quality, services and products’ tion, innova well-being, physical and mental are: analysis this in identified Key topics strategy. sustainability and strategy business our of phase next the for us to prepare matrix ality materi our updated substantially we 2020, In business. our to and stakeholders to our relevant most are that topics rial mate the evaluates and identifies that program materiality framework is basedThe on our sustainability company- have under established each pillar. we partnerships the and them, to meet taking are we ons acti the set, have we targets the outlines Framework The circularity. and action climate on focus we ‘Planet’, Under chain. supply the in rights human and well-being physical and mental on ‘People’, focus we Under Planet. and People pillars: main two on stands Framework Sustainability Our Our Framework Sustainability w -

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CORRESPONDING FOCUS SDGs TOPIC PILLAR physical fitness communities to consumers and MENTAL &PHYSICAL MENTAL Consumer / improve their community We help our We help mental and and health WELL-BEING Since 1949, our purpose has been to help people achieve a sound mind in a sound body. asound in mind asound achieve people help to been has purpose our 1949, Since To do this, we need a sound earth to run on. Today, we’re committed to make a positive apositive make to Today, on. we’re run to committed earth asound need we To this, do

We our support Employees PEOPLE fulfill their impact on people and our for earth the next generation. people so potential they can can they

THE SUPPLYTHE CHAIN HUMAN RIGHTS IN RIGHTS HUMAN SOUND MIND, SOUND BODY SOUND MIND, SOUND

We build trans We build Supply Chain fair and ethical and empower partnerships, the people in our supply chain. p arent, arent,

We limit our products’ products’ our We limit rdcin pr production impact on the planet, sustainable design. sustainable materials used, the by focusing on the on focusing by we employ, and and employ, we Products CLIMATE ACTION ocesses

PLANET

operate, including our positive contribution the way in which we which in way the goals by adjusting We aim to make a make to We aim CIRCULARITY to global climate manufacturing Operations processes.

SUSTAINABILITY REPORT 2020 O N R T 7 I • • • our sustainability efforts. our sustainability employees, suppliers and other stakeholders in of support to our guidance provide that policies of We anumber have life. of end product’s the and to consumers way the all retail and manufacture through beyond), 3and (tier suppliers materials raw from chain, this throughout apply Various activities and policies practices. labor fair and to sustainability commitment our share who partners business with only to work We seek conventions. and standards recognized internationally on based duct Our corporate activities are guided by clear codes of con of codes byclear guided are activities corporate Our PoliciesSustainability and Guidelines Sustainability is an integral part of our business strategy strategy business our of part integral an is Sustainability Integrating into Sustainability Governance and Strategy promptly measures corrective out carry and wrongdoing of signs first the to detect us allows This service. whistleblowing code or policy violations our using confidential, anonymous to report partners business and employees We encourage sourcing. and procurement and selection, materials procedures, emergency and fire safety, and management chemicals as such areas in decisions right the make pliers sup and colleagues our help These practice. operational into policies our translate that manuals and guidelines of arange have we policies, formal to these addition In objectives. for integrating in our and prioritizing corporate sustainability responsible is and strategy sustainability ASICS the oversees Directors of Board Our level. divisional and corporate the at

O ASICS partner. business any for practices environmental and safety, and health regarding human rights, labor standards, occupational O T approach to managing environmental impacts in companies. Group ASICS to all apply These do. they everything in to meet colleagues our expect we that dards our own operations as well as in our value chain. value our in as well as operations own our he ASICS Global Code of Conduct sets out the basic stan basic the out sets Conduct of Code Global ASICS he ur Global Policy on Environment sets out our out sets Environment on Policy Global ur requirements the down lays Engagement of Policy ur

- - Our Policies Our Sustainability GovernanceSustainability Structure • EXECUTIVE ORGANIZATION • • • ode of Conduct •

and Anti-Corruption Disclosure comptetition P C P P P olicy on Protected Protected on olicy olicy on Environment and Anti-Trust on olicy olicy on Anti-Bribery ASICS

Divisions & Group companies &Group Divisions

Executive Board meeting Executive

Executive Officers

ELECTION / DISMISSAL SUPERVISION • • • • • OTHER BUSINESS PARTNERS

Facility Phase-out. Production Downsizing and Cycle Guideline (Supplier Code of Conduct) G P C G P olicy of Engagement roduct Sourcing and Assesment ompliance Management uideline for Management of uideline for Factory CSR OUR SUPPLIERS & SUPPLIERS OUR BOARD OF DIRECTORS OF SHAREHOLDERS GENERAL MEETING PRESIDENT &COO PRESIDENT

ELECTION / DISMISSAL Risk Management Committee

Sustainability Committee Sustainability

PROPOSAL / REPORT

• • • • • •

derived materials S C R C P R ustainable Packagingustainable Policy olicy on animal- ecycled material policy estricted policy substance otton policy onflict mineral policy OUR MATERIALS & PRODUCTS

SUSTAINABILITY REPORT 2020 O N R T 8 I more cotton. sustainable Our Sustainability Committee, which is chaired bythe chaired is which Committee, Sustainability Our — are accredited to the ISO14001 international standard. international ISO14001 to the accredited — are Europe in centers distribution and headquarters regional Japan, in Science Sport of Institute and — Headquarters locations office main Our Systems. Management mental We Environ using performance our manage sustainability strategy. business into sustainability of integration the and update amateriality approved and discussed Committee the 2020, In level. divisional the at targets sustainability our against progress on reporting as well as plan, action and roadmap strategy, sustainability group-wide our reviewing include responsibilities Their Committee. Management Risk the worksDirectors. Committee alongside The Sustainability of Board to the directly reports COO, and President rials, such as recycled or recycled as such rials, Sustainability throughout the ValueSustainability Chain bio-based polyester and polyester bio-based more sustainable mate sustainable more

We are switching to We switching are R

A T E R

IA L - S consumption and green and consumption and ethical partnerships partnerships ethical and the dyeing process. We process. dyeing the house gas emissions in and reducing resource resource reducing and build transparent, fair fair transparent, build and empower people. empower and and safety standards We are committed to We committed are

meeting our quality M

R I A L P R O C

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ethical partnerships and partnerships ethical vironmental impacts du

process and encourage encourage and process suppliers to reduce en to reduce suppliers ring the manufacturing alternatives. We build them to actively seek transparent, fair and fair transparent, We engage with our with We engage

renewable energy empower people. empower

D U

A N U System (including ISO 14001 Environmental Management F A Establish global ASICSEstablish

C T - at all key locations) all at - UR ING TARGET to packaging with lower transport our products products our transport 2020 way, including shifting environmental impact. to our various markets logistics providers to providers logistics in the most efficient efficient most the in

We work with our with We work

T R

I O

N T

M A RK ET of store fittings. We are fittings. store of switching to more sus to more switching tainable packagingtainable for energy efficiently and to maximize the reuse reuse the to maximize Our own retail stores stores retail own Our are designed to use designed are been updated to work under under to work updated been our products. sustainability governancesustainability Management system has RESULT structure.

R 2020

E T A IL - and physical health and pact through care label label care through pact their environmental im - to improve their mental mental their to improve We consumers support advice. We offer repair repair We offer advice. services for some pro some for services help them to reduce to reduce them help

ducts in Japan.

R O

C Maintain sustainability governanceMaintain sustainability T

U structure and aligned Environ aligned and structure

S m E

P ental Management System H across the organization - A ACTION PLAN SE ONWARD consumers in take-back programs to support a to support programs nerships and engage We investigate part We investigate

circular economy.

O F

A N

D R

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SUSTAINABILITY REPORT 2020 O P P 9 L E E of ASICS of heart the at People are impact together.impact apositive make we so can guidance providing forthrough strong sustainability, partnerships well-being programs. And we our suppliers support and health through as well as opportunities, other We our employees support through and training we operate. which in communities to the back by giving communities our We support role. that to fulfill designed are which services, and products our through body asound in mind a sound for quest their in consumers our We support pliers. sup and employees communities, consumers, – our people those support and We to encourage exist

SUSTAINABILITY REPORT 2020 10 O P P L E E divisions of ASICS Headquarters of ASICS divisions ASICS TomorrowASICS Project, appointed business all in around the world Community work Community Female managers One FutureOne Project Right To Play, Key achievements In 2020 In

applications for participation applications an online running event with 56,000 ASICS World Ekiden

to protect consumers, support and employees suppliers and COVID-19 response supplier factories C-Level or above or C-Level 98% Tier 198% Tier meet ASICS ASICS meet

SUSTAINABILITY REPORT 2020 O 11 P P L E E ACTION FOCUS TOPIC FOCUS SUB-PILLARS SUSTAINABILITY ASICS People framework Consumer /Community Consumer Empower youth through sports physical transformation Parterships with NPOs Sound Body platform Mental & physical Positive mental & mental Positive Sound Mind, well-being Employees Collective action with stakeholders (and standardization) industry meet global sustainability 100% Tier1 factories to Improve Transparency requirements by 2023 the supply chain Human rights in rights Human Supplier training Supply Chain

S PeopleHelping a Maintain potential. potential. their fulfill can they that so people our We support Our People 15. page on more Read chain. supply our in people the empower and partnerships, ethical and fair transparent, We build Supply Chain 12. page on more Read their mental and physical and fitness health. to improve communities and consumers our We help andConsumers Communities financial health. and physical their to protect chain, supply our in people for guidance provided We 2020. also in out carried we research by backed programs, fitness online organized we pandemic, COVID-19 the during employees our To support and discounts. donations through world the around professionals medical and responders first-line supported we and events, ning run online We organized well-being. physical and mental people around the world, in especially terms of maintaining for year achallenging was 2020 sports. to play opportunity the have areas disaster-stricken in people young ensuring and coaching, athletics top with children providing as such programs, several with We involved are ganizations. or non-profit with bypartnering people young support we beyond, and operate we which in communities the In people in supply chain, and our around colleagues the world. physical well-being of our consumers and communities, and mental the to support We body. aim asound in mind asound towards people motivating about is business Our sports. through people to inspire same: the remains vision core Today our Japan. post-war in sport of power the through people young of lives the to meaning and purpose to give wanted he 1949, in ness When ASICS founder Kihachiro Onitsuka started the busi ound Mind in a Sound Body aSound in Mind ound Read more on page 23. page on more Read

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SUSTAINABILITY REPORT 2020 12 O P P L E E

Communities andConsumers bottles and donated them to a hospital in Amsterdam to Amsterdam in to ahospital them donated and bottles water and shirts running technical collected Luxembourg) and Netherlands the (Belgium, Benelux in working team ASICS The pandemic. the during communities local port to sup actions various took headquarters European ASICS consumers. our serving and business our continuing while pandemic, the during people to protect local governments, associations authorities, and industry with to work continue We will safety. their to ensure world the around stakeholders our and families their employees, our We support work. their through indirectly or rectly di either risk, at health people’s put also itself virus The Ekiden. as such context, COVID-19 the within fit that to sport approaches new established we why is That difficult. sports outdoor and team conventional made quarantine and distancing social like efforts tionv Mitiga world. the around people of wellbeing and health the on impact amajor had has pandemic COVID-19 The athletes. elite and everyday with research the We continuing are tration. frus like emotions negative in drop asignificant and uplift emotional overall an experienced athletes everyday that health researcher at King’s College, London. We confirmed mental and exercise aleading Stubbs, Dr. Brendon with health mental and sport on research conducted We also participating. teams 13,000 over with teamwork, of feeling the enjoyed also They total. in 277,045 kilometers covering event, the in to participate applied regions and countries 179 from runners 56,000 than More event. running online an Ekiden, World ASICS held we 2020, November 11 On physical and mental well-being. for moving people get that projects to supporting mitted of sport through research and innovation. We also com We also innovation. and research through sport of power the using world the to uplifting commitment newed re our announced we 2020, In before. ever than relevant and mental wellness makes our founding philosophy more physical threatened of convergence This issues. health mental of risk increased an it with brought has COVID-19 COVID-19 During Healthy Stay People Helping ------them their support local communities. to help partners to key retail donated were apparel and footwear of items 1,000 approximately addition, In count. dis the of advantage taken had responders first 265,435 of atotal 2020, of end the By responders. first and sionals profes medical for available was discount 20% additional an pandemic, the of quarter first the During online. status their verify they once discount a40% get can others the and discount, a20% get can Students students. and litary, mi the responders, first professionals, to medical available program discount apermanent has America North ASICS supplier. ASICS an of behalf on organization Cross Red local to the masks face donated also They caregivers. support and movement bring.” bring.” movement and mental health benefits sport me active the and experience more important time to beco selves. Never there has been a emotional benefits for them all-important cognitive and their body those to experience that people regularly move our It’s mind. absolutely vital andsport have exercise on just how significant the impact It impossible is overstate to King’s College London Dr. Brendon Stubbs - - - - -

SUSTAINABILITY REPORT 2020 13 O P P L E E emergency fund for international NGO Save The Children. The Save NGO international for fund emergency COVID-19 to the products related 2020 Tokyo Marathon led cancel of sales the from yen 2million donated Japan ASICS found. to be opportunities were there world, the around led cancel being events to sporting led pandemic the Although Wuhan. in to hospitals donated were equipment test pneumonia of sets seven Shanghai, Minolta Konica of ration coope the with China, in And clothing. protective medical for substitutes as Hospital University to Kobe ponchos running 5,400 about donated They pandemic. the during professionals medical supported also headquarters ASICS Thank you note from a medical professional amedical from note you Thank

TO ASICS AMERICA AMERICA ASICS TO OP TFF STAF CORP. Words cannot describe your selflessness. Your kindness gesture means more than you know. Thank you for for your generous heart and caring way of easing the pain on my feet during the difficult time. There’s so much to appreciate about your company and I am very grateful for.

You are my HEROES. - - - through sports. self-reliance and discovery for opportunities children offer to continue will ASICS future. abright them build and child every to respect aim the represents Future’ ‘One name The children and childcare workers enjoyed the physical activities. The to COVID-19. due online out carried was thoughit even successful, was activity The 2020. August in facilities care child six at games KARUTA KARADA first the ran School After whilesport moving their bodies. about learn children helps game The parasports. including disciplines, sports 38 of pictograms original with cards of nal Japanese card game called Karuta. The game consists atraditio from derived activity an KARUTA, KARADA play through fun physical activities. In the program, children active children to get programs developed Japan ASICS School, After organization non-profit the with Working vironmental issues. en of aware more become and sports with familiar get can Through the People pillar, ‘One Future Project’, children Planet. and People for pillars, two are There communities. to people and to people products connects which program, Beyond’ ‘Reborn the of part is It Project’. Future ‘One ative: initi community anew launched Japan ASICS 2020, July In One Future Project sport. through children to our hope to give continue We will total. in pants partici 44,000 involving programs four been have there 2011, Since goods. sporting with them provide and coaches and byathletes hosted events sports in involved get ren child local help we Tomorrow Project, ASICS the Through to play. places and to sports access limited had have ren child Local area. Tohoku the in efforts reconstruction ongoing in resulted has 2011 in occurred that tsunami and earthquake The Japan. Eastern of areas disaster-stricken in The –Japan Project Tomorrow ASICS sed young on supporting people through sport. focu projects of anumber in involved is ASICS lives. to their changes positive making and people empowering for sport of power the acknowledge We also children. for well-being and health of importance the in We believe age. their of regardless ‘Sound Mind, Sound Body’ is a philosophy for all people, Empowering the Next Generation through Sport aims to communities support Tomorrow Project ASICS -

------education as a continuous program in local schools. local in program acontinuous as education physical into adopted were they that well so received were activities The Lebanon. in 7,000 than people more reached and coaches athletics kids’ 115 mentored and trained has team the 2018, Since body. asound in mind sound a maintained they sport of power the through but years, three last the over obstacles many faced have children and coaches To team, Right Play The Lebanon. in living project Syrian refugee supports children and their families The 2018. in Lebanon Project launched to Play Right tion, collec apparel and footwear KO100 edition limited our of sales through made to donations Thanks 2018. since bally To glo Right Play charity the supporting been has ASICS To Play Right

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SUSTAINABILITY REPORT 2020 14 O P P L E E talk. Wetalk. just play. And it really is fun. But whenlike us. we play games, we don’t dialect don’t when They speak. they talk have adifferentthat They came from Syria. all Lebanese here. There are some children I love football, Iam astriker. We are not allsports together. That’s really nice. here.I have many And we friends play in Southern Lebanon school apublic at student (12) Younes Zulfikar

Continue collaboration with Engage consumers through through consumers Engage Determine Global Commu nes and execute activities activities execute and nes nity Engagementnity Guideli our community activities Right To other and Right Play stronger integration of integration stronger NPOs in each region. each in NPOs with our business. TARGET TARGET accordingly. 2020 2021

- - Guideline and collaborated focusing on mental health. losophy of people globally Involve more subsidiaries subsidiaries more Involve Encouraged more regions regions more Encouraged our founding philosophy in-kind and in community we donated US$ 673,262 673,262 US$ donated we Community EngagementCommunity Mind, Sound Body' phi Body' Sound Mind, Contributing to 'Sound Established the GlobalEstablished ACTION PLAN with Right To and Right Play with community activities community activities with our community activities, based on based activities, Communicate our more to engage to engage more and countries to countries and In total, in 2020, in total, In ONWARD be active in our in active be contributions. consumers. RESULT other NPOs. 2020

SUSTAINABILITY REPORT 2020 15 O P P L E E

Supply Chain Supply suppliers in our supply chain. the on influence significant have we brand, goods sporting global amajor As consumers. to our products best the bring to us allow that resources other and expertise facilities, the with us provide countries 22 in 1suppliers Tier 150 than More our supply chain andBuilding transparency partnerships in health and safety. workers’ factory to ensure and situation unprecedented this with dealing in efforts their to support suppliers with to work We continue paid. to be continued workers ensure to and timings placement order way, to adjust transparent and atimely in plans future to communicate suppliers, with dialogue sincere in engaged division procurement our Moreover, costs. warehouse their supported and products cancelled the for payments appropriate We made pliers. sup our with placed orders affected business our of tion of thesupport stability financial our suppliers. The- disrup and workers factory to protect to COVID-19 response our published We also have partners. strategic our of ments assess conducted regularly also employees ASICS pliers. sup to our distributed we which COVID-19, for Guideline Safety and aHealth created we level, operational amore On International Labour Organization (ILO). IndustriALL Global Union, and the action was welcomed by (IOE), International Trade Union Confederation (ITUC), and Employees of Organisation International bythe jointly made was statement The employment. and health income, kers’ wor to protect and pandemic COVID-19 bythe caused tion disrup the to survive manufacturers to support aims which ASICS Action endorses in the Global Garment Industry garment and footwear industry. sustainable resilient, to amore to contributing committed remain we recovery, on and challenges to the to adjust hard working -is small and big businesses many -like ASICS economies andness, the lives of people globally. While busi on impact amajor having is pandemic COVID-19 The COVID-19 response respect. with treated are environment the and people to ensure suppliers our with closely We work

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SUSTAINABILITY REPORT 2020 16 O P P L E E chain stakeholders. supply other and workers, their suppliers, our with ship partner close in to working committed are we standards, hout the supply chain. To continuously raise and safeguard throug environment the on impacts our to minimize work We also seriously. take we responsibilities are chain supply our across conditions labor improving and practices ness busi fair Upholding chain. value our in people the empower and partnerships ethical and fair transparent, We build website. our You download the can data list. disclosure to our information ratio worker migrant and ratio gender byadding levels transparency improved further We have 2suppliers. Tier footwear main our and countries 17 in 1suppliers key Tier contains list factory global rent cur The base. supply our in changes to reflect year every list the 2017, update we from and list factory our disclose We stakeholders. external our all for and ASICS for both vital, is impacts chain supply our regarding Transparency chain. supply the throughout including ve transparency, to impro important is it has influence.business We believe our where areas all in but suppliers, direct our among just not standards improve to help aim we approach, partnership our Through relationship. direct no have we where areas the to extends responsibility and role this that We recognize in Excel format from format Excel in

- - - - - suppliers tosuppliers improve performance. their sustainability our with closely work teams These division. sustainability the with meetings regular through chain supply the of ding production and sourcing deepen our divisions understan Our sustainable. and ethical, safe, are operations our sure making in arole play policies and procedures departments, division,Along several with our other global sustainability results. and progress its disclosing and means, appropriate through it correcting society, on company our of impact potential the understanding of process acontinuous to build We aim Supply Chain Management - Engaging Our Supply Chain Stakeholders • websites and reports in isclosure • • • • upplier training • • • the in risks rights human ssessing • evelop global policy and guidelines • •

disclosure of factory list U D D Reporting and Transparency regarding policies (including education) In D S S Training and Capacity Building A andbusiness supply chain A Monitoring and Risk Management education and training regarding policies (including In D Commitment haring best practices tilisation of industry standard tools and and tools standard industry of tilisation evelop global policy and guidelines udit and corrective action isclosure based on Modern Slavery Act Slavery Modern on based isclosure ternal and external communication ternal and external communication

SUSTAINABILITY REPORT 2020 17 O P P L E E abuse and harassment, wages, discrimination and hours of mance. Audit criteria covering forced labor, child labor, perfor its on based A to E, from rating overall an supplier each We award performance. sustainability 1suppliers’ Tier our to evaluate criteria 17 use audits and assessments Our analysis. risk and forms assessment other our into feeds these levelscompliance through Information self-assessments. from demonstrate also can subcontractors their and Suppliers improvement plan. Based on the factories findings, develop and implement an ayear. once assessment an conducts Work Better 2014. since follow-ups plan improvement and audits partner our Supplier assessment regions. and tors to sec related risks and risks rights human of analysis the on based manufactured, be can products our where regions assessment risk Country results. and approaches our on report and them, nage ma and monitor can we chain, supply the in risks of aware are we ensure we audits, and assessments various Through Monitoring management risk and these involve on-site inspections, docu inspections, on-site involve —these audits Internal audit. the of date exact the not but place, take will avisit which in period the Index. Semi-announced is when the supplier is notified of Higg Coalition's Apparel Sustainable as such tools ment announced and semi-announced site audits and/or assess monitor their performance, sustainability including through continually we asupplier, as established Once quirements. re ASICS’ with line in is level management sustainability their to ensure suppliers potential We assess provement. im to continuous committed are and standards our meet Partner assessments Trade Audit). Ethical Members (Sedex tool audit lar SMETA 4Pil the use use we comparable, and consistent is process the To ensure audits. out carry languages and ture cul regulations, laws, local in well-versed are who monitors —specialized, accredited third-party audits Commissioned site. supplier’s the at staff ASICS by out interviews,carried employee and verification, ment

— — we partner only with suppliers who suppliers with only partner we –I — LO Better Work has conducted conducted has Work LO Better we identify countries and countries we identify ------suppliers did in 2020. in did suppliers our how shows below overview The Arating). (B and year other to every (C level) annual from range cycles sessment as facilities, relevant the of level performance the on ding Depen standards. sustainability our with suppliers tracted con our of compliance of level the review We periodically energy consumption. and emissions wastewater, as such contributors, various of plementation of impact-lowering programs, and calculation fromclude permissions local government, compliance, im- termination.Environmentalimmediate business criteria in in result can and seriously very taken is areas these within work are defined as zero tolerance criteria. Non-compliance EAR TIER 1 supplier ratings 2020 2020 2019 2016 2018 2017 Y ASICS AUDIT ASICS INTERNAL 66 62 23 16 31 COMMISSIONED - - - - AUDITS AUDITS 46 46 57 19 31 ments conducted by Better Work. byBetter conducted ments assess the includes This 1factories. Tier our of 46% tely approxima We monitored Games. Paralympic and Olympic of Committee Tokyo Organising The of Code Sourcing Sustainable the with complied we that sure made We also audits. of number the reduced way, strategically we this In audits. repeating of instead plans action corrective ritized mitigating higher risks and ensuring factories make prio we infection, COVID-19 of spread to the due 2020, In them on how to improve them. to improve how on them to guidance provide and factories these at conditions working assess programs The Cambodia factory improvement programs. Factories Better or Work ILO’s the of Better members are suppliers 11.4% remaining The C RATED D RATED A RATED B RATED E RATED

4 3 4

8% 0% 2% 4% PARTNER PARTNER % AUDITS 29 24 16 14 17 TOTAL 122 116 113 93 52

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SUSTAINABILITY REPORT 2020 18 O P P L E E All Tier 1 ASICS A- and B-level factories factories B-level A- and 1ASICS Tier All meet ASICS B-Level or above, and self- and above, or B-Level ASICS meet CSR in combination with ASICS and/or All Tier 1 strategic partner factories to factories partner 1strategic Tier All r to be trained in self-governance on self-governance in trained to be All 100% Tier 1 supplier factories to factories 1supplier Tier 100% All eport via Higg Facility Social Labor Labor Social Facility Higg via eport All nominated Tier 2 suppliers to 2suppliers Tier nominated All All nominated Tier 2 suppliers to 2suppliers Tier nominated All meet global CSR standards and standards CSR global meet meet ASICS C-Level or above. or C-Level ASICS meet meet ASICS C-level or above. or C-level ASICS meet All Tier 1 supplier factories to factories 1supplier Tier All meet ASICS C-level or above or C-level ASICS meet All Tier 1 strategic partner 1strategic Tier All factories to meet ASICS ASICS to meet factories third-party verification. third-party ASICS CSR standards . standards CSR ASICS Module (Higg FSLM). Expand the scope of scope the Expand B-Level or above. or B-Level self-governance. TARGET TARGET 2020 2023

Promote conversion between industry standard standard industry between conversion Promote Improve supply chain transparency in response response in transparency chain supply Improve Develop incentive programs to encourage to encourage programs incentive Develop factory list to nominated Tier 2suppliers. Tier to nominated list factory to human rights and environmental risks. environmental and rights to human incorporation of sustainability factors. incorporation of sustainability tools and our standards. sustainability Share best practices across suppliers. across practices best Share 100% Tier 1 strategic partner factories factories partner 1strategic Tier 100% 100% nominated Tier 2 suppliers meet 2suppliers Tier nominated 100% Slavery Act in each sourcing country. sourcing each in Act Slavery Continue to hold seminars in the key the in seminars to hold Continue Expand the disclosure target of the of target disclosure the Expand labor under the respective Modern Modern respective the under labor Adopted a self-governance method method aself-governance Adopted Strengthen the response to forced response the Strengthen Expand the scope of our training training our of scope the Expand that utilizes SAC’s Higg FSLM. SAC’s Higg utilizes that meet ASICS C-Level or above. or C-Level ASICS meet meet ASICS B-Level or above. or B-Level ASICS meet 98% Tier 1 supplier factories factories 1supplier Tier 98% course to Tier 2 suppliers. ASICS C-level or above. or C-level ASICS production countries. production ACTION PLAN ONWARD RESULT 2020

SUSTAINABILITY REPORT 2020 19 O P P L E E suppliers attended. our of 28 than More COVID-19. for safety and health and 2019 of version –anew Law Labor Vietnam the covered seminar This program. Vietnam Work ILO’s the Better with collaboration in seminar virtual aCSR provided we 2020, In Indonesia. and Vietnam as such countries, key sourcing our in pliers sup our for sessions building capacity continue We will practice. best industry of aware more become also They systems. management structured and requirements, legal standards, new to implement cessary suppliers can gain the knowledge and understanding ne training, the In sustainable. and resilient become suppliers 2 Tier 1and Tier our to help training regular We provide Training and Capacity Building Corrective Action Planning (CAP). supply chain, we provide supplier training, followed up by the in performance rights human and social improve and harm To mitigate actions. their of self-assessments conduct to factories strategic for regularly questionnaires provided and guidelines safety and health We distributed safety. and to health related was non-compliance of 66% 2020, In resources. and training byproviding example for process, remediation the support partners or staff ASICS necessary, When measures. corrective to take expected is supplier the time, this During months. three of period remediation a begin we identified, were non-compliances minor When investigations, and formal warnings. third-party orders, future of reviews violations, persistent and serious of case the in relationship business the nating termi include can Actions appropriate. as action take then We to workers. risk of level the and violation the of severity the on based is This minor. or major as them categorize we issues, non-compliance identify When our assessments Addressing non-compliance -

- keep moving positively. We will work with ASICS for a greener future.” now targeting the and project expand to execute improvements, and to can provideaudits valuable information for the improvement. We are sustainable development of our organization, whilst annual third-party help understand to further the us importance of these for indexes the seminars introducing the concept and implications of the index Higg managementenergy and upholding human rights from ASICS. The We deeply appreciate the valuable assistance in environmental and Non-compliance areas Non-compliance Pouyuen Vietnam Company Limited Company Vietnam Pouyuen Harry Lu, Development Sustainability Specialist Abuse & Harassment Discrimination Forced Labor Hours of Work Wages Association of Freedom Policy Protection &Pregnancy Women's Health E Benefits &Safety Health nvironment

SUSTAINABILITY REPORT 2020 20 O P P L E E One of the factories, Honsin, was an ASICS supplier. supplier. ASICS an was Honsin, factories, the of One garment factories that had indicators of forced labor. n inter 23 contacted chains, supply in conditions working to improving dedicated NGO an Transparentem, 2018, In 2021. June of as website our on available be will statement 2020 The chain. supply and business our in trafficking human and slavery to modern regards with taken have we steps the and made we progress the out sets It Statement. Transparency and Slavery Modern Group ASICS annual our 2017, published have we Since Initiative. Cotton Better the with work our like areas, ply chain, and have additional mitigation measures in those sup cotton the as such areas, risk high We monitor chain. supply our throughout compliance to ensure program ment manage chain supply arigorous deploy we and issue, this to approach azero-tolerance We labor. take involuntary or forced of use the condemns strongly Group ASICS The Due diligence and risk assessment 2factories. Tier to our transparency improve to efforts our extend will we Therefore, energy. and water of potentially harmful chemicals and a relatively large amount of use the involving processes industrial other and dyeing fabric for responsible chain supply the of part the is this as considerable, is 2suppliers Tier of impact potential The 74% volume. our of covers received we information The suppliers. strategic our from data vironmental Module)/FSLM (Facility Social Labor Module) En (Facility FEM Higg the collected we 2020, In beyond. and to retail manufacturing from chain, value our hout throug activities our of transparency full enable modules p trans chain supply to provide use we platform main The their productivity. increase and environment working abetter build suppliers our helps also but chain, supply our in risks the understand us helps only not transparency increasing Continuously Reporting and Transparency ational brands with apparent ties to five Malaysian Malaysian to five ties apparent with brands ational arency is SAC’s Higg Index suite of tools. The connected The tools. of suite Index SAC’s is Higg arency

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agreement. amanufacturing sign we before Engagement of Policy our to sign need Factories countries. sourcing major our of languages the in provided is Engagement of Policy The principle. this violate that partners manufacturing for ces hiring migrant workers. The Policy sets out clear consequen when particular in Principle, Pays Employer bythe abide to need factories that to include suppliers, for conduct of acode is which Engagement, of Policy ASICS’ We updated chain. supply the in workers of treatment fair to the commits ASICS signing, By CommitmentIndustry to Responsible Recruitment &Footwear Apparel AAFA/FLA the signed ASICS actions. Following the of in-depth Honsin, assessment specific as well as policies broad involves chain supply our in practices recruitment responsible Ensuring chain. supply our throughout working thousands more many are there and directly, people 9,000 nearly employs ASICS recruitmentResponsible the question. For more information about this case, please visit in factory the with working stopped has ASICS employees. to the fees recruitment the all repaying factory the in ted resul Follow-ups employment. to gain paid had workers migrant some that revealing assessment, in-depth an out carried factory this using brands US other the and ASICS Transparentem website. Transparentem

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Our responsible recruitment commitment before leaving home employment their of terms basic the of informed are workers All movement of freedom full have and documents travel their of control retain Workers other. or fees recruitment as such employment for cost bear not shall Workers conditions so that: supply chain partners to create global our with work to We commit

SUSTAINABILITY REPORT 2020 21 O P P L E E age for edu completing compulsory the than younger are who or old, years 15 than younger are who persons any employ not shall partners business that requires Engagement of Policy ASICS products. our to make contracted facilities in labor child of use the forbids ASICS Child labor (PICC). Committee Consultative Improvement Performance through unions de tra and workers management, between dialogue promotes it Programme, Work Better with collaboration In lectively. col to bargain and choice, own by their associations join and to organize right employees' the respect and recognize to partners business requires Engagement of Policy Our Freedom of association and collective bargaining ongoing in priority our supply chain. industries as wages fair see we association, of freedom and gaining framework. Combined with the right on collective bar wage afair of definition the towards consensus-building for need the and brands multiple for produce factories when especially salaries worker over brands of influence limited definitions, wage fair or living on consensus of to alack limited not but including industry, our in wages fair around issues the recognizes ASICS income. discretionary some provide as well as needs, basic to meet sufficient be should Compensation (including and secondary other benefits) compensated. fairly and fully be should Workers systems. wage of review adetailed include audits supplier ASICS Fair wages Chain (ASSC). Chain with the Globalpartnership Alliance for Supply Sustainable in conducted is mechanism The them. to resolve suppliers our with closely We worked cases. overwork and rassment ha detailing 2020, in workers from reports two were There language. native employees’ the in boards bulletin on sted po information contact and displayed are posters factory, each In Tokyo 2020. Games Paralympic and Olympic to the related those and workers migrant with 2factories Tier and 1 Tier for 2019 in mechanism agrievance We introduced Grievance mechanism 2020. in factory production outsourced our at found was labor child No 15. than higher to or equal is age such where employment of c ation in their country - - - - -

SUSTAINABILITY REPORT 2020 22 O P P L E E collaboration with ASICS.” We look forward to continuing our Sustainable Development Goals. solutions and help achieve the protect workers to better can lead sustain to businesses and dialogue wide collaboration and social theby global pandemic, sector- and threat to livelihoods caused to address the economic disruption “Better Work” and “Call to Action” industry. As exemplifiedby the with aspecial focus on the garment characteristics of their responses, differentby and industries the the differences in the crises faced ASICS participated highlighted which in symposium The employers. devastating effect on workers and The COVID-19 having is crisis a Organization (ILO) Office for Japan for (ILO) Office Organization Director, International Labour Mr. Shinichi Takasaki The The promoting responsible employment for migrant workers. to to contribute us enables also ASSC the with work Our Japan. in workers foreign of ceptance Tokyo the of Declaration mulation for the in part took ASICS ASSC, of amember as 2020, In mechanism through which workers can raise concerns. agrievance up setting included have activities Our tries. coun high-risk other and Japan in issues worker migrant to address initiatives launched have we ASSC, with Working chains. supply in rights workers’ and rights human feguard to sa society civil and unions, labor businesses, with works for Supply Chain Sustainable Alliance Global the of amember became ASICS 2019, In chain. supply our for vironment en working the improve and audits industry of duplication to reduce is aim The chain. supply our for plan deployment amedium-term (SLCP) to develop Program Convergence &Labor Social the with worked We actively have participants. 160 with dialogue” social and response –Sectoral crisis sues Is Labour International on Symposium “33rd the event, avirtual co-organized University Hosei Affairs, Social for Institute Ohara the and Japan for ILO Office the 2020, In supplier factories in Cambodia, Vietnam and Indonesia. collaborating on monitoring and in raising standards our 2014, (BFC) since Cambodia Factories Better (BW)Work and Better of apartner been has ASICS chains. ly supp global in Programme the International Finance Corporation (IFC), Work the Better (ILO) and Organization Labour International bythe Founded standards. common sustainability human rights,ensuring and developing alignment industry COVID-19, during procurement responsible promoting are we stakeholders, other and NGOs of range awide with tion collabora In seriously. very role this We take chain. supply our in role influential ahighly play we brand, aglobal As Engaging with for partners sustainability s ponsible and Inclusive Society Japan Platform for Migrant Workers towards Re towards Workers Migrant for Platform Japan : Toward a better future of work after the COVID-19 the after work of future : Toward abetter improves labor standards and competitiveness ( ASSC ( JP-MIRAI on the responsible ac responsible the on ). ASSC is an NGO that NGO an is ). ASSC ) is a platform of aplatform ) is

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Sporting Goods Industry Goods Sporting World the of Federation of the member agold is ASICS factories. some of cases specific and COVID-19 where sustainability in manufacturing is a key focus area. akey focus is manufacturing in sustainability where Forum, Manufacturers World WFSGI the as well as ings meet committee attend we committee, sustainability its in participant active an As industry. goods sporting the union industrial byJapanese held meetings several joined we 2020, In worldwide. unions several with engages ASICS institutes. research and lawyers, municipalities, tions, include private companies, government-affiliated organiza- Stakeholders Conduct. of Code JP-MIRAI’s with agreed have who stakeholders active various with cooperation UA ZENSEN UA to discuss the key matters such as such key matters the to discuss (WFSGI), the global body for body global the (WFSGI),

SUSTAINABILITY REPORT 2020 23 O P P L E E

Our people Our In October 2020, ASICS Headquarters implemented re implemented Headquarters ASICS 2020, October In coaching andport, training. leadership sup career through We this do careers. long-term their and work day-to-day their in supported are employees of team inclusive and diverse strong, our to ensure We want ASICS Talent Management and welcoming environment. health and well-being, and ensure they work in a diverse their as well as development professional their support We seriously. very to employees responsibility our take we world, the around people 8,904 of employer an As smoothly, despite the online setting. setting. online the despite smoothly, went work groups the that surprised pleasantly also were They location. any from to participate able to be nice was it that and relaxed and concentrated more were they ring sha training, online to the positively reacted Employees face-to-face training. pletely online or in hybrid format incorporating online and com training the conducted we 2020, in programs, these of each For training. employee new and band, byjob ning in thelearn fashion industry), about sustainability trai employees lets (which Academy Fashion Sustainable the my (our next-generation leader development program), development These include ASICS opportunities. Acade and to training access have employees all ensure We also cycle. (PDCA) Plan-Do-Check-Act the of support and support, career coaching, work, employees’ of reviews regular encourage meetings The COVID-19. during teams their and managers between munication com of means the in to changes response in developed were These monthly. least at held meetings, 1-on-1 gular ------nality andnality data gathering, which will increase system (HRIS) was enhanced to manage that to manage enhanced was (HRIS) system To maximize HR information system functio system information HR To maximize globally. The Human Resources Information To strengthen talent management globally, communication with the business side and side the with business communication cycle, career including development plans expand the utilization field of the HRIS in HRIS the of field utilization the expand Expanded the Talent Management Cycle each region’s HR. The aim is effective effective is aim The HR. region’s each each region, progressively. region, each Establish global ASICSEstablish and future talent data. talent future and collaboration globally. ACTION PLAN TARGETS FOR HR systems and work and systems HR THE FUTURE THE PROGRESS FORWARD environment. TARGET 2020 2020

SUSTAINABILITY REPORT 2020 24 O P P L E E * Sustainability Co.,Sustainability Ltd. Tohmatsu Deloitte by verified is (10.9%) Corporation ASICS at in manager and senior positions females of ratio of data 2020 The December 31, 2020. ASICS Corporation data of 2021. 1, January of as Data region by managers female Ratio of

36+64 45+55 19+81 12+88

S S

I A

10.9% C S J S I a S 19% 36% I C 45% C p S C S a o A n E r * u m C p r e o o o r r r p ic p a e a or ti at on ion te a more inclusive organization, inclusive te amore crea and workforce our of diversity the to improve regions all across targets set have they Body’. Additionally, Sound Mind, a‘Sound to achieve lives people’s improving in a role play can backgrounds all of people where afuture envision organization an as we how describes which Together ger Team, Stron One titled Vision, D&I our created Committee, Inclusion and Diversity Global formed newly the 2020, In Diversity and Inclusion business divisions of manager and senior ASICS Corporation. Ratio of females in females of Ratio positions at ASICS ASICS at positions Female managers appointed in all in appointed Corporation at TARGET least 15%.least 2020

positions level increased increased level positions from 10.6% in 2019 to 2019 in 10.6% from manager and senior Ratio of females in females of Ratio PROGRESS 10.9% in 2020. in 10.9% 2020

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PRIDE Index 2020 for the second year in arow. in year second the for 2020 Index PRIDE the –in ranking highest –the Gold awarded was ASICS background. their of regardless potential full to their work can employees diverse where aplace company our make to initiatives to implement continuing are we Japan, In people’s lives. improve truly can and innovations our drive can who team adiverse to build identity, gender and orientation, race, ethnicity, gender, age, religion, disability, sexual across to inclusion committed are we why is That society. in impact positive our deepen and broaden help can who and angle every from world the at look who people need ever, we than More minds. diverse of ateam need we this, to accomplish Body’. order In Sound Mind, a‘Sound achieve people all to help been has aim our founding, our Since One Team, Stronger Together management and senior Achieve ratio of female female of ratio Achieve positions atpositions 35% least representation in representation globally by 2023. TARGET 2023

male employees to improve to improve employees male ness, strengthen programs programs strengthen ness, lopment plans of younger leverage potential female support the career deve career the support on and implement action employees, including fe Continue to raise aware to raise Continue managers in each divisi overall gender equality. and develop training to Analyze the barriers to barriers the Analyze plans to remove them. to remove plans leverage diversity and ACTION PLAN ONWARD

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SUSTAINABILITY REPORT 2020 25 O P P L E E employee health literacy. health employee tional average. We will continue to work on improving na the below –well 2020 in to 9.8% 2019 in 11.9% and 2018 in 15.6% from fallen have Japan in rates Smoking steadily. progressed have results the and smoking, quit to employees for support We provide smoke. women of 8.8% and men of 28.8% average, on where, Japan, in issue asignificant is smoking And Organization. deaths a year worldwide, according to the World Health 8million than more in results use Tobacco support. In addition, we strengthened our smoking cessation flexibility. weeks significantly improved leg strength and shoulder eight for aweek times three least at fitness online in participating that revealed survey the However, fitness. physical in adecrease in resulted has pandemic the results. The stay-at-home guidance issued throughout the compared we and 2020, and 2019 in survey the completed employees HQ ASICS 208 COVID-19. during Check (AHCC) showed changes in physical fitness Care Health ASICS annual our of results 2020 The seminars. self-care and health mental of videos provided We also home. at out carried be can that exercises of videos bydistributing employees our of health mental and physical the to maintain We worked Japan. in STAYHOME our initiative through isolation mental and exercise of lack to eliminate measures on focused we Instead, to COVID-19. due events group alarge-scale to hold unable were we 2020, In 2015. as well as 2020) and (2019 years consecutive two in award the received ASICS Inc. Exchange Stock Tokyo the and Industry Trade and Economy, of Ministry Japanese the from award 2020 Productivity and Health the received ASICS taken, have we measures the of body’. recognition In ‘Sound and mind’ ‘Sound dying embo of aim the with employees, of weII-being and health the to improve plans action of aseries plements im and formulates Committee Well-Being ASICS The employees. sports, and as such, we value the health of our of health the value we such, as and sports, through lifestyle ahealthy to promote is mission Our Employee Well-being

- - in physical activities online. (Supervised by ASICS Sports Complex) Sports ASICS by (Supervised online. activities physical in Delivering ASC Online Fitness: employees working from home can participate a long time.” time.” long a improved my of lack while exercise working from home for able to connect much more with my colleagues and also were working from home. Through the online Iwas exercise, feeling of isolation which occurred more commonly while we about ways to communicate more effectivelycombat to the With the mental health training, possible it was to learn the STAYHOME initiative Employee who participated in participated who

SUSTAINABILITY REPORT 2020 26 A N P T L E Mind in a in Mind SoundA Sound Earth Sound aNeeds Body Sound work together to create collective impacts. collective to create work together to consumers and chain supply our we engage And planet. the for We decisions better make retail centers, locations. and distribution fices, of our way we the in manage and model, ness busi towards acircular initiatives increasing action through the design of our products, our to body. asound translates in This mind sound to achieve a generations future and current ble ena that resources the for At we care ASICS, the circularity of resources and our hope for a better future. abetter for hope our and resources of circularity the to reference center the in arrows two features emblem the of shape The body. and mind both in positive more and healthier growing generations future represents icon Sunflower The

SUSTAINABILITY REPORT 2020 27 A N P T L E of CO of of new shoes running our directour operations 25.0% reduction from 2021 contain recycled material Key achievements 2 emissions from emissions (vs 2015) (vs > 95% 95% > In 2020 In

of CO of renewable electricity electricity renewable 30.8% reduction business facilities business our supply chainour supply used in our in used 2 emissions from emissions (vs 2015) (vs 23.5%

SUSTAINABILITY REPORT 2020 28 A N P T L E tecting the oceans. the tecting pro and biodiversity restoring change, climate mitigating areas: three in goals key environmental of core a common to committed have that industries textile and fashion the in companies of coalition aglobal Pact, Fashion The to join company Japanese first the became we Furthermore, basis. this on planned are emissions net-zero of carbon goal 2050 our toward activities Our initiative. Targets Based Science bythe approved been have which targets set have we why is That 1.5˚C. under rise temperature the to keep target global the support we change, climate to tackle order In produce clothing is recycled into new clothing globally. to used material of 1% than less industry, Yet apparel the in economy. circular the toward move aglobal is there ponse, res In emissions. gas greenhouse global of 45% for accounts economy this suggests Evidence resources. wastes and makes takes, operate currently we which in economy linear The . sports to play generations future for planet the to preserve We aim business. sustainable to our arisk being as well body, as asound in mind sound a to achieve generations future of ability the threatens it issues: critical most the of one is change Climate earth. asound need body, we asound in mind asound To achieve change. climate of impacts worst the to limit necessary is indicates report (IPCC) Change Climate on Panel Intergovernmental the what with aligned is commitment new Our by 2050. anet-zero future with reduction1.5˚C targets emissions science-based aligned by setting change climate on action our We accelerated Introduction to Planet Introduction

- - and recycling materials and products. and materials recycling and products, durable more making materials, cleaner and less using include model this under activities Our target. chain is our key approach to support the global 1.5 global the to support key approach our is chain value our throughout model business acircular Creating commitments and ambition 2030 and 2050 Our ASICS Planet Framework CO Reduction in absolute Renewable Renewable used in our business facilities by 2030 direct operations 2 emissions from our from emissions 100% Scope 1&2 Scope 63% Action 1 Action electricity

our Tier 1 supplier 1supplier Tier our amount of energy products by 2030 2030 by products Reduction to the to Reduction manufacture our factories use to use factories (2015 baseline) Create innovation through partnerships through innovation Create 6: Action 50% 2050 TARGET: EMISSIONS 2050 NET-ZERO CARBON Action 2 Action 2030 CO 2030 ° 2 C reduction targets (2015 baseline)

in our Tier 1 supplier 1supplier Tier our in products by 2030 by products ma electricity used factories to factories 85% Renewable Renewable n Reduction in absolute CO Action 3 Action *Target scope is ‘purchased goods and services’ and ‘end-of-life treatment of sold products’. sold of treatment ‘end-of-life and services’ and goods ‘purchased is scope *Target fcue our ufacture go R o our We Operations e We Products mp n the e a a from our supply chain our from

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SUSTAINABILITY REPORT 2020 29 A N P T L E

We are responsible for taking action to mitigate the ne the to mitigate action taking for We responsible are themselves. products the of features the and employ, we processes production the used, materials the through planet, the on impact apotential have also They consumers. our of lives the on impact apositive have they way, this In body. asound in mind asound achieve people to help designed are products footwear and apparel ASICS’ Products Our Through Impact A Positive and we address this in the next section. section. next the in this address we and impact, an have also chain supply our throughout factories in used processes manufacturing The cotton. and leather, polyester, of use sustainable the for targets 2030 and 2020 We set have products. our of impact environmental gative Products items to increase recycled polyester in polyester recycled to increase items recycled polyester in the developing developing the in polyester recycled Continue to accelerate the use of use the to accelerate Continue our products in total from 2020. from total in products our PLAN 2020

- More than 95% of new running shoes shoes running new of 95% than More from 2021 contain recycled material. recycled contain 2021 from 19.5% standard polyester materials materials polyester standard 19.5% replaced to recycled polyester. to recycled replaced PROGRESS 2020

100% recycled polyester to replace stan to replace polyester recycled 100% dard polyester materials in shoes and shoes in materials polyester dard sportswear products. sportswear TARGET 2030 - Increase the use of recycled materials made made materials recycled of use the Increase Increase the ratio of recycled materials ba materials recycled of ratio the Increase sed on each product category roadmap. roadmap. category product each on sed ACTION PLAN from textile waste. textile from FORWARD -

SUSTAINABILITY REPORT 2020 30 A N P T L E e recycled with made is upper whose shoe, 2running LITE GEL-NIMBUS™ is items iconic the of One products. shoe running performance new of 95% than more for polyester recycled use we season, &summer spring 2021 the From products. our in materials recycled of use our expanding involves which approach, circular amore toward move our of part also is It sustainable. more products our to making bute contri and target science-based our achieve us help will This polyester. to recycled products sportwear and shoes our in used polyester the of 100% to switch is target Our RecycledUsing Materials material. Looking at our entire production, 19.5% of poly of 19.5% production, entire our at Looking material. ster was switched to recycled polyester in 2020. in polyester to recycled switched was ster and our local communities.” environment the both supports change to drive that meaningful nership with ASICS and continuing We look forward to growing our part been of this apart program. impactful initiative and are proud to have development teams for driving this sive leadership of the ASICS product 2019/2020. We admire the progres light of our sustainability efforts in Plastic Project high akey was Supporting the ASICS Ocean Waste (Executive Director – Hirdaramani Group) –Hirdaramani Director (Executive Siddarth Hirdaramani -

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- now exploring ways to use them in 2021. in them to use ways exploring now are we so to COVID-19, due cancelled were marathons 2020 the Unfortunately, shirts. event marathon all and shirts of collection in-line an in material this We used polyester. new into bottles the processed Hirdaramani partner chain supply local our and Lanka, Sri in beaches from recovered bottles PET from sourced was plastic The Plastic. Waste Ocean of made fabric with products sold we Europe, In products. our in materials recycled other used We also have launched January 9th, 2021. we which Series, Leather Recycled brand’s Tiger Onitsuka the in and Pack, Day Earth the in used was material tainable sus This waste. landfill as away thrown be otherwise would that scraps leather leftover from made leather recycled of use the exploring are we example, For materials. to use ways sustainable more to find working been We also have

SUSTAINABILITY REPORT 2020 31 A N P T L E are reused and recycled rather than being sent to landfill to landfill sent being than rather recycled and reused are resources which in model economic acircular We support seriously. very issue this take we manufacturer, sportswear amajor As life. their of end the at burned or landfilled are world the around clothing to make used materials of 70% over report, Foundation MacArthur Ellen to the According Towards a Circular Business Model target. reduction emission 2030 our towards effort our in step agood is This functionality. high shoe’s the on compromising without product, the for needed materials of number the reduced We also location. manufacturing plier sup the at efficiency energy of improvement the was tion reduc this in factor Amajor 40%. byaround pair per sions 2018. The analysis showed that we have reduced CO reduced have we that showed analysis The 2018. in GEL-KAYANO™ the on shoe LCA 25 running conducted the with results the compared and shoes 2running LITE GEL-NIMBUS new (LCA) our on assessment alife-cycle ted We conduc emissions. of terms in model apast with shoe concept sustainability newest our compared we 2020, In for one million people a day. needed water to the equivalent 33%, byaround cut be will year. use Water one in trees 25,000 than bymore sorbed ab carbon of amount the saving 45%, byaround process dyeing the from emissions carbon to reduce expected is initiative The 2020. from brands our all across shoes new all of half than to more process the applying dyeing, lution so of use our We expanded have methods. conventional with compared emissions carbon reduces and water less uses that process dyeing asustainable is dyeing Solution million pairs of shoes. 8.7 than to more CNF applied has To ASICS date, resource. abundant extremely an it making biomass, plant of kind any almost from made be can It stronger. times five but steel of weight the one-fifth is that fiber ultra-fine anano-sized is CNF (CNF). Fiber Nano Cellulose for Award Innovation Open Japan the won We also biodegradable. and sustainable durable, is ™. spidersilk SVX SVX spidersilk, man-made ted paten produces which Seevix, in invested ASICS 2020, In emissions. gas greenhouse in to areduction contribute can use their and renewable, are materials Bio-based collection. apparel our in material bio-based using started we 2020, In earth asound for Sustainable materials and processes

2 emis - - - - -

- - used items through other channels, such as ecommerce. as such channels, other through items used to collect strategy anew on working We also are 2021. in ts even at collection for approach anew on working been have we instead, so cancelled, were events All 2020. in this to do planning were we and years, previous in events sponsored our at items used collected have we EMEA, In to COVID-19. due cancelled were 2020 for activities planned our of Many life. their of end the at incinerated or landfilled being products our to prevent action We taking are ons. or incinerated, thereby reducing greenhouse gas emissi Continue to assess footwear and footwear to assess Continue science-based targets and other product and material targets. material and product nd criteria aligning with the with aligning criteria nd sustainability indicators a sustainability apparel products with with products apparel TARGET 2020

Conducted LCA on running shoes. LCA running on Conducted aligning with science-based tar gets and material targets. material and gets Assessed productsAssessed with indicators and criteria RESULT - 2020 -

textile waste – the equivalent of 25,000 T-shirts. T-shirts. 25,000 of equivalent –the waste textile of tons 5metric approximately recycled we tion, collec the making of process the In waste. textile turing shoes made from materials recycled from fea Pack Day Earth the model: business circular a achieve to initiative Day Earth an developed we In 2020, issues. of environmental awareness raises Day year, Earth every 22nd April on Held Day Earth - manufacturing technologies. Continue to assess products products to assess Continue of sustainable materials and with indicators and criteria to drive expanding the use the expanding to drive ACTION PLAN FORWARD

SUSTAINABILITY REPORT 2020 32 A N P T L E shoes together”. shoes love to work towards closing the loop and creating circular waste from their recycling products by them, and we would with ASICS. Together we are taking responsibility to reduce b At Fast Feet we like Grinded, to talk say “don’t about sustaina ility, talk about responsibility” and this what is we’re doing Founder & of Owner FastFeetGrinded Danny Pormes end up in landfills. otherwise would that to items life new gives program The label. shipping afree using choice, their of charity local to aparticipating it send then and clothes, and shoes used with box the up fill simply They condition. good in items used to recycle product ASICS their received they which in box the use can consumers Box, Back Give the with ship example, thanks to ASICS Corporation’s America partner For opportunities. also but challenges with us presents ecommerce in growth our footwear, and textiles around economy acircular to building comes it when US, the In shoes. new into made to be ready materials, stituent con their into up ground are they where FastFeetGrinded, to go now shoes incinerated, or landfilled being than ther Ra recycled. instead are resold or reused be cannot that items that sure to make process anew up set we shops, to our returned are that shoes For incinerated. than rather recycled being are items defective sure to make lands Nether The in Sustains ReAct with partnered we 2020, In - - - -

SUSTAINABILITY REPORT 2020 33 A N P T L E ending up in landfills. avoided and prices discounted at sold shoes of pairs 1,254 only months, for closed were stores most that fact the and to COVID-19 Due price. adiscounted at outlets retail at mers to consu available made are shoes returned worn minimally initiative. the Through 2019. in Tested Program Road the launched we so and problem, to this solution acircular find to wanted America ASICS them. discard and to destroy is practice industry common issues, fit or to size due purchase after locations retail to our returned are shoes When Program TESTED ROAD

- also made with recycled textiles. textiles. recycled with made also is bin collection The activities. School After NPO supports sales bag from profit the of part and textiles, recycled with people and people to communities. The eco-bag is made to products to connect aiming program, Beyond’ ‘Reborn the of pillar Planet the is Project’ Bag ‘Green The re-start. to ready is Project Wear Reborn ASICS another Japan, In BAG PROJECT GREEN enabling take-back programs and recycling our products. our recycling and programs in the US through through US the in programs with various organizations various with We have partnered We partnered have We have take-back and E-commerce. both retail stores stores retail both RESULT 2020

product take-back programs to reuse of recycle products products recycle of to reuse Three regions (Europe, regions Three US and Japan) to have Japan) and US Innovation through and materials. partnerships. TARGET 2030

Take-back program will start at start will program Take-back retail stores in Japan in 2021. 2021. in Japan in stores retail product recycling and carbon carbon and recycling product Take-back program through through program Take-back zations to further enable our our enable to further zations E-commerce and retail will will retail and E-commerce We will reach out to organi out reach We will be expanded to Canada. ACTION PLAN emissions reduction. FORWARD -

SUSTAINABILITY REPORT 2020 34 A N P T L E from LWG medal-rated suppliers. 87% sourced we 2020, in target: the We2020. achieved by suppliers LWG from medal-rated footwear branded ger Ti Onitsuka and ASICS for used leather total the of 80% to source atarget We set group. the to join brand Japanese first the was ASICS leather. sustainable more to sourcing shift our supports it and traceable, are products leather our that ensure helps membership Our practices. nufacturing ma leather sustainable promoting group multi-stakeholder (LWG), Group a Working Leather the of amember been has ASICS 2018, Since volume. of terms in footwear our in use we material natural significant most the is Leather cotton. and leather including materials of use tainable sus the on focusing initiatives We several have materials. natural particularly materials, and products branded of gin ori the about more to know want consumers Increasingly, Leather Using natural materials Onitsuka Tiger branded footwear Source 80% of the leather by leather the of 80% Source (LWG) medal-rated suppliers. volume we use for ASICS and ASICS for use we volume from Leather Working Group Group Working Leather from PLAN 2020

More than 50% sourced from sourced 50% than More We sourced 87% from LWG from 87% We sourced more cotton. sustainable medal-rated suppliers. RESULT 2020

- - - - communities, and the economies of cotton of economies the and communities, and continuing improvements for the environment, farming measurable to promote chain supply cotton the across ders stakehol of range adiverse with works (BCI). BCI Initiative Cotton Better the of amember been has ASICS 2019, Since by2025. cotton sustainable more 100% to source We aim includingissues, forced and child labor. rights human of risk ahigh has also chain supply cotton The fertilizers. and pesticides of amounts large as well ting,as harves before water of amount alarge requires cotton Growing impacts. social and environmental with associated amaterial also is It products. apparel ASICS for used fibers natural the of one but limited is cotton of use The products. our in polyester as such materials synthetic use We mainly Cotton

sustainable cotton for apparel and accessories by 2025. accessories and TARGETS FOR THE FUTURE THE Source 100% more 100% Source

- producing areas. areas. producing Target achieved and Continue to Continue and Target achieved source more from LWG from medal- more source of sustainable certified Increase our sourcing ACTION PLAN cotton toward 2025. toward cotton FORWARD rated suppliers. - - • • • • ton for apparel and accessories. cot sustainable certified of sourcing our to increase plan we seasons, coming the In sustainable. more was products parel ap for sourced ASICS cotton all of 50% than more 2020, In criteria defined as one of the following: the meets it if sustainable more to be cotton We consider

licensed cotton farmers C cotton G F G

air trade certified cotton OTS (Global Organic Textile Standard) cotton certified otton sourced from BCI (Better Cotton Initiative) RS (Global Recycled Standard) certified recycled

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SUSTAINABILITY REPORT 2020 35 A N P T L E ASICS Materials Guideline Focus Subjects ding the Global Recycled Standard (GRS). vegan friendly products, and packaging, sustainable inclu traceability, materials recycled on guidance specific adding guideline, the expand and to update continued we 2020, In such as animal-based materials, PVC and conflict minerals. materials covers It sourcing. and development product king ethical, compliant, clean and sustainable choices in ma for guidance provides Guideline Materials ASICS Our choices for sustainable Support Restricted substances Conflict minerals ASICS Materials Guideline Focus Subjects • • • • • • • • • species. exotic or endangered of o use • • •

regulations in the country or region of distribution. of region or country the in regulations N N N N N Angora Wool (Angora rabbits) N apply mulesing practices. W plucking or from farms practicing force feeding. N industry. meat the of A N animal shall husbandry be applied. A N (tin, tantalum, tungsten and gold) o use of substances restricted by laws and/or laws by restricted substances of o use o use of perfluorinated compounds (PFCs). o use of chloride polyvinyl (PVC). Substances. Restricted AFIRM of o use o use of Mohair (Angora goats) and live through obtained feathers and o down fur. of o use o use of conflict minerals ll leather and skin shall be by-products by-products be shall skin and leather ll good and respected be to welfare nimal ool shall originate from suppliers who do not

- - suppliers. bluesign from exclusively almost materials sign blue are that manufacturers many with working already We are collections. apparel global our on focusing initially In 2019, we set a global target to increase the use of blue of use the to increase target aglobal set we 2019, In areas. of arange across criteria sustainability strict follow to required is ASICS apartner, As manufacturing. textile in common set of standards for and traceability sustainability responsibly. bluesign manufactured been have fabrics and materials our ensure abluesign We been have inks, such as plant-based inks, for printing. sustainable recommend We paper. also using when paper recycled or FSC-certified recommend we and materials, packaging to reduce aim We also substitutes. sustainable to more switching and plastic, recycled with it replacing used, amount the reducing consider we necessary, is tic single-use plastic throughout the supply chain; where plas astainable possible. For packaging, we aim to eliminate sus as are use do we materials the to ensure action taking are we Guideline, to this according to working addition In substance management. chemical of importance the stakeholders to our municating com are we initiative, this Through Corporation. MIZUNO manufacturer equipment sports with cooperation in Toolkit’ mical Information Sheet’, ‘Packaging RSL’ and ‘Chemistry ‘AFIRM of RSL’, version ‘AFIRM aJapanese Che created we 2020, In regulations. and laws countries’ various the on depending year every updated is RSL AFIRM chain. supply nagement and compliance of chemical substances in the ma risk the to improve We working are environment. the and to humans friendly are that products safe to provide RSL) (AFIRM List Substances Restricted AFIRM the We use chain. supply footwear and parel ap the in substances chemical harmful of impact and use the to reduce collaboration industry-wide promotes AFIRM Group. (AFIRM) Management RSL International Footwear and Apparel the of a member been has ASICS 2013, Since Safety and Health Use, Chemical s ign ® ® system partners, and in future, we will aim to buy our to buy aim will we future, in and partners, system -approved materials in our products year-on-year, year-on-year, products our in materials -approved ® is a holistic system promoting a promoting system aholistic is ® system partner since 2017, to since partner system ® system partner partner system - - - - - - - manufacturing ASICS’ products. manufacturing when guideline the of requirements the with comply practice in chemical management. All suppliers must best industry with aligned is and compliance legal ensures guideline The processes. manufacturing and design product our in chemicals of use and control the regarding suppliers its and ASICS of responsibilities the defines Substances Restricted of Management the for Guideline ASICS The laboratories. third-party independent, byaccredited, and organization own our within both conducted Tests are customers. retail to our shipped are they before products our on tests zed randomi of avariety out carry We also facilities. suppliers’ ensure compliance, we conduct random at inspections our To regulations. and laws local and international all with ance compli in environment, the or to people harm without and appropriately, safely, chemicals to using We committed are Chemical safety Voluntary Product Recalls descriptions on product labels and promotional materials. and measures, improvement quality of application the safety, product cover that inspections liability product out We carry materials. of suppliers and products finished of employed staff bycertify our suppliers, including suppliers and train also we objectives, and principles quality our in employees own our to training addition In system. nagement ma and assurance quality our of part integral an is Training consumers. our of requirements the to meet continue vices ser and products our to ensure system this improve nuously ducts comply with all applicable global standards. We conti pro our to ensure system management and assurance quality a use we operations, our Throughout products. our of fety sa and quality the to ensuring committed are we At ASICS, Managing quality and safety 2015 :6 2015 :2 2016 :2 2017 :0 2018 :1 2019 :3 2020

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SUSTAINABILITY REPORT 2020 36 A N P T L E in recognition of our safety efforts. safety our of recognition in Award’ Safety ‘Product the us awarded (METI) Industry Trade Economy, and of Ministry Japanese the 2020, In on received from our suppliers. informati on based item, per used adhesive of amount the to calculate plan we future, the In factories. the at volume lation of the total adhesive consumed, including disposed calcu the on based is This factories. strategic our in tons 3,881 to be estimated were emissions VOCs our 2020, In efficiently. water and energy to use continue we ensuring while sions emis VOCs our reduce us help methods Together, these adhesive. less therefore and parts fewer with made be to shoes allow that techniques design and technologies production new adopting recently, more and, adhesives sed to water-ba switching include These adhesives. to these alternatives of range abroad applied have we 2011, Since environment. the and people on impacts harmful have can solvents these However, shoes. athletic of manufacture the in used been have VOCs containing vents sol on based adhesives Traditionally, together. parts rent sports shoes, involves the use of adhesives to bond diffe to bond adhesives of use the involves shoes, sports The manufacture of shoes, especially high-performance footwear manufacturing in (VOCs) Compounds Organic Volatile Reducing Trade andIndustry,Japan Ministry ofEconomy, 2020

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• • • • Operations CO and use energy to reduce strategy Our operations direct our of footprint carbon the Reducing transportation. and manufacturing with associated tions opera example, for scope, indirect wider the and operations own our of scope direct the both within emissions our reduce to We work bySBTi. approved targets the to have company goods sporting first (SBTi). the We were initiative Targets Based Science the with accordance in and science mate cli with line in reduction emission for targets We set have Energy efficiency and carbon emissions TCFD the in appendix information more find can you (TCFD), which on Disclosures Financial Climate-related on Task Force Board’s Stability Financial the the support we change, climate on action our To accelerate operations. rene of use increased the involving net-zero target, this achieving towards actions and targets several We set have net-zero by2050. towards ons emissi carbon to reduce aim therefore targets vironmental key en our of Many emissions. gas greenhouse produces it water, and and energy requires Manufacturing processes. manufacturing our including operate, we which in way the sitive contribution to global climate goals by adjusting As an apparel and footwear company, we can make a po Target Net-Zero 2050 Our w our direct operations by 5% from a 2015 baseline. a2015 by5% from operations direct our from emissions gas greenhouse absolute to reduce was 2020 for target Our baseline. a2015 from by63% operations, retail 2), including 1and (Scope operations direct our from emissions gas greenhouse absolute to reduce is 2030 for target Our

able energy and overall reduction in energy use in our in use energy in reduction overall and energy able stores or refurbishment of existing locations existing of refurbishment or stores buildings, distribution centers and retail and vehicles locationsusage renewable energy A I I I 2 ntroducing more energy-efficient equipment energy high in efficiency energy ncreasing off-site and on-site of use the ncreasing emissions includes: emissions dopting energy-efficient design to design new dopting energy-efficient

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SUSTAINABILITY REPORT 2020 37 A N P T L E 2019 2015 2016 2017 2018 2020 in our efficiency from the baseline year. The CO year. The baseline the from efficiency our in increase an shows revenue business to our emissions total our Comparing COVID-19. of because closing stores retail and to offices due to 2019 compared also and year seline consumption and emissions every year. every emissions and consumption energy absolute the reduce will which electricity renewable of ratio and efficiency increase to both projects energy the baseline year. In 2021, we will continue our sustainable from by2.3% decreased has revenue unit per intensity CO CO our 2020, In 2 emissions from emissions our locations (tons) 3,848 2,873 4,461 4,002 5,664 4,835 SCOPE 1 SCOPE 20,262 22,140 20,903 20,983 23,241 25,194 2 emissions decreased 25.0% from the ba the from 25.0% decreased emissions SCOPE 2 SCOPE 2 Total: 25,988 Total: Total: 23,134 Total: 30,858 Total: 24,905 Total: Total: 25,444 Total: 28,076 Total: emissions - CO for consumption energy of amount the when used is formula following The Fuel Combustion 2016. 2 are calculated according to factors based on IEA’s CO IEA’s on based factors to according calculated 2 are Scope for Figures data. DEFRA 2015 using factors with calculated are Brazil IPCC Guidelines (Commercial Institutional). 2006 Company/ the on lease car based impacts in factors to according calculated 1are Scope for Figures Company/lease car impacts are also included. tions, distribution centers, loca and wholly retail owned factories around offices, the world. including locations, Group ASICS to applies data The tainability Co., Ltd. Sus Tohmatsu Deloitte by verified are data emissions 2020 The estimates. improved and data updated to due restated is data 2019 The data. 2018 2 in Scope total the from deducted was GWh 1.6 Power Green of Certificate The 2 emissions is not available for any sites: any for available not is emissions type of site) x site) of type (energy consumption per square meter estimated for each (area of site) of (area x (CO 2 emission factor). emission 2 Emissions from Emissions

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SUSTAINABILITY REPORT 2020 38 A N P T L E • • • • In March 2020, our Byhalia, distribution Mississippi cen sustainability. to improve well-being and tectural benchmark focused exclusively on human health archi first world’s –the certificate aWELL and level Gold at certificate aLEED both received headquarters EMEA regional Our building. Certified Design) Environmental and Building Council (USGBC) as a LEED (Leadership in Energy Green U.S. bythe recognized are locations our of Some LEED locations certified a series of incremental actions, including: of is a in culmination the U.S. The certification certification to earn center distribution first ASICS’ is facility Byhalia aLEED as recognized was ter

boxes are recycled or reused. or recycled are boxes incoming the of 99% ensures that program recycling Z fixtures. efficient water and sensors motion with lights LED sors, E the entire facility annually. 25% of to power energy renewable enough produces it A 1 2014. since E co-Friendly Building Features – including sen smart NERGY STAR Building Certification – earned every year every –earned Certification STARNERGY Building ero Waste Program – including an efficient cardboard cardboard efficient an –including Program Waste ero .0-megawatt rooftop solar system – installed in 2018, in –installed system solar rooftop .0-megawatt ® Certified building. Certified ASICS’ - - - Energy Volume by Type (GWh) Volume Energy Renewable energy is one of the keys to shift to net to shift keys the of one is energy Renewable Renewable energy Science, which uses 100% renewable energy. energy, including our headquarters and Institute of Sport renewable sourcing are locations five Japan, In sources. renewable from was electricity 7,500 purchased of MWh approximately EMEA, In to 23.5%. increased sources ble renewa from electricity ASICS’ of percentage the 2020, In key regions. in electricity renewable of use our to increase continued energy for their electricity needs in activities. business We renewable on solely to relying committed companies ber mem of composed initiative environmental global the RE100, joined we 2020, In by2030. facilities business our in electricity renewable to 100% to switch is target Our ciety. lity Co., Ltd. Co., lity Sustainabi Tohmatsu Deloitte by verified is volume energy total 2020 The estimates. improved and data updated to due restated is data 2019 The sites: any for available not is consumption energy of amount the when used is formula following The globally. Company/lease car impacts are also included. retail locations, distribution centers and wholly owned factories offices, including locations, Group ASICS to applies data The 2015 2016 2017 2018 2019 2020 site) site) of type each for estimated meter square per consumption (energy 39.5 44.1 41.7 41.8 46.8 50.0 Fossil fuels Electricity from non-renewable sources x (area of site) x site) of (area (conversion factor from each unit to GWh). to unit each from factor (conversion 12.1 7.3 11.1 11.9 3.7 12.7 19.1 4.0 20.7 17.4 16.9 24.3 Electricity from renewable sources

z Total: 72.8 Total: Total: 71.3 Total:

Total: 79.2 Total: Total: 64.4 Total: 68.1 ero so ero Total: 70.1 Total: - - - - Actively switch to renewable to renewable switch Actively our direct operation by2030 operation direct our absolute CO (Scope 1 & 2, 2015 baseline) 2015 1&2, (Scope 100% renewable electricity CO energy where possible. from direct operations operations direct from ACTION PLAN used in our business business our in used 25.0% (compared to (compared 25.0% emissions reduction 2 renewable sources renewable emissions decreased 63% reduction in facilities by2030 facilities 5% absolute CO 5% absolute FORWARD electricity fromelectricity (2015 baseline) 2015 baseline) TARGET TARGET RESULT 23.5% of 2030 2020 2020 2 emissions from

SUSTAINABILITY REPORT 2020 39 A N P T L E s our supply chain, see pages 43. pages see chain, supply our in emissions carbon reducing are we how about more For 30. page see impacts, lower with to materials shifting are we how about details more For of in changes operations. our business s We will also continue to measure our Scope 3CO Scope our to measure continue also We will aligned. are goals our to ensure We continued to work with our main footwear factories polyester. recycled as such materials to lower-emission switching through and COVID-19 of impact to the due 30.8% of areduction achieved we 2020, year). In base (2015 by2030 by63% products sold of treatment life Our target is to reduce our indirect (Scope 3) CO (Scope indirect our to reduce is target Our management. end-of-life and procurement, material manufacturing, during occurs products to our related impact gas greenhouse overall the of 70% than More 3CO Scope Reducing ions across our global operations to assess the impact impact the to assess operations global our across ions ions from purchased goods and services and end-of- and services and goods purchased from ions 2

emissions 2 2 emis emis

Scope 3 CO emissions accounting throughout the supply chain (ver.2.2 as of March, 2015 published by Japanese Ministry of the Environment. the of Ministry Japanese by published 2015 March, of as (ver.2.2 chain supply the throughout accounting emissions 1 CO services) and goods 1(Purchased Category The 2 Equipment, marketing and sales: Apparel material: Apparel Tier 1: Footwear material: (energy consumptions at suppliers) X 1: Tier 1Footwear Category Calculation methods:Calculation Calculation is made as per inter-industry relations table based emission factors of Emission factors database for greenhouse gas gas greenhouse for database factors Emission of factors emission based table relations inter-industry per as made is Calculation 3. Fuel-and-energy-related activities goods Capital 2. 1. Purchased goods and services and goods Purchased 1. and distribution and 4. transportation Upstream 5. Waste generated in operations in generated Waste 5. 6. Business travel Business 6. 7. Employee commuting and distribution and 9. transporation Downstream assets leased Upstream 8. 11. Use of sold products sold of Use 11. products sold of Processing 10. sold products 12. End-of-life-treatment of Total 15. Investments 14. Franchises assets leased Downstream 13. SCOPE 3 CATEGORY (price of purchased goods and services) X services) and goods purchased of (price (production volume) X (production volume) X production volume) X 2

Emissions 2020 Emissions (emission factor of material from the past LCA study) past the from material of factor (emission (emission factor of material from the past LCA study) past the from material of factor (emission (emission factor of Tier 1 from the past LCA study) past the 1from Tier of factor (emission (percentage of ASICS production at suppliers) X suppliers) at production ASICS of (percentage (emission factor of purchased goods and services and goods purchased of factor (emission 2 emissions data of Scope 3 are verified by Deloitte Tohmatsu Sustainability Co., Ltd. Co., Sustainability Tohmatsu Deloitte by verified 3are Scope of data emissions CO 589,390 492,022 25,632 2 38,778 12,035 12,647 TONS 5,889 1,072 388 871 45 10 ------% 2.1 0.1 83.5 6.6 0.01 0.2 0.1 1.0 2.0 4.3 0.002 100 (emission factor of each energy type) energy each of factor (emission SCOPE ASICS Group companies method marketing and (Calculation sales material, apparel, equipment, companies' purchases of footwear ASICS Group companies CO Global Footwear Manufacturing 'DC to customers' in Japan. in to customers' 'DC of freight road and Japan, and US Europe, in to DC' 'Port of freight road and rail Japan, for logistics related apparel of freight air tics, logis related footwear of freight sea and air 4includes Category ASICS Group companies ASICS Group companies Not assessed ASICS Group companies in Japan Not assessed ASICS Group companies ASICS Group companies Not assessed ASICS Group companies in Japan Not assessed ASICS Group companies 2 Data (Tier 1), and ASICS Group Group ASICS 1), and (Tier Data 1 ) 2 ) -

SUSTAINABILITY REPORT 2020 40 A N P T L E Photo by Martin Damboldt from Pexels from Damboldt Martin by Photo 5% the value chain. in goods to deliver needed trips of number total the reduce to logistics our in containers use we how improving as well as packaging, sustainable to more switching We also are network more globally. efficient distribution our to make providers logistics our with work to continue We will ship. the of emissions gas greenhouse the on scheme areporting includes and byaship emitted (SOx) oxide sulfur and (NOx) oxide nitrogen of amount the evaluates ESI (ESI). The Index Ship Environmental gram’s Pro Sustainability Ports World the using assessed ships to use companies shipping partner our ask we Globally, region. each in centers distribution via than rather aries, subsidi to overseas directly Japan in factory own our from ship We also terminals. distribution of anumber at tainers con export as use for companies to other available tainers con imported empty makes that asystem by developing logistics our of efficiency the improved have we Japan, In trains. and ships as such transport, of forms energy-efficient to more switching includes This efficiency. its byimproving and consolidation the carbon footprint of our distribution network through to reduce working been have we 2013, Since emissions. gas greenhouse total our of 7% about for accounting cond biggest contributor to our overall carbon footprint, se the is to market factories from products Transporting in gasReducing greenhouse transportation emissions GHG Protocol are used. are Protocol GHG bythe provided factors emissions The Japan. in business ap the and globally business footwear the from is data freight Air business. footwear the from is data freight Sea Japan. in to customers’ ‘DC and Japan, and Europe US, the in to DC’ ‘port of data include freight rail and Road CO 14% 2 transporatation (tons) transporatation 81% Air freight Sea freight Road/rail freight

p - arel - - - - around 1,200 tons in CO in tons 1,200 around saving to produce, carbon-intensive less is box the means this All cardboard. less 10% around byusing impact mental environ negative to alower contributes also itself box The boxes. previous our than ink less 50% around requires and ink, oil-based than rather water-based uses box The box. shoe sustainable more anew, introduced also we 2020, In platform. membership OneASICS the through points’ ‘Thanks with bags shopping paper of use the decline who people reward and bags reusable own their to bring consumers courage en we Japan, In stores. managed directly all in bags ping shop paper sustainable to more switching We been have operations. to our related emissions carbon to reduce commitment our of part as electricity to renewable contracts energy to switch continued we addition, In brand. our of spirit the with line in to move, ple more space for activities community and encouraging peo providing involves also It lighting. LED as such lighting, and recyclable materials, and installing energy-efficient recycled certified, FSC as such materials, sustainable more using involves This stores. ASICS our for concept design anew introducing been have we 2016, Since service. and experience best the with consumers our providing while sustainability their to improve technologies and materials We continue to develop our retail locations, adopting new Sustainable Retail 2 emissions per year in total. in year per emissions - - - - -

SUSTAINABILITY REPORT 2020 41 these principles to other key sites. key sites. to other principles these expand We will locations. retail ASICS to our merchandise to ship reused or supplier cardboard local our with nership part close in recycled either are boxes incoming the of 99% that ensures and efficient very is program recycling cardboard The creation. waste eliminate or reduce and operations to enhance principles Waste Zero the under operates centers distribution the of One waste. for cilities fa recycling new finding are sites the and management, data to waste made being are Improvements factories. two and centers distribution two include sites These landfill. to send currently we that waste the all of three-quarters over for responsible are that sites four the on focusing by target 2023 our to achieve to strive continue We will landfill. from waste our of 88.3% We by11.1%. diverted decreased to landfill disposed waste of amount The by47.4% to 2019. duced compared pro we waste of volume total the decreased we 2020, In reused. be can terials ma our of more that to ensure choices design and material smart making are we this, To achieve landfill. in of disposed being waste the reducing means which by2020, rations ope direct our in waste the of 98% than more recycle or to recover atarget We set have possible. as efficiently as them to using committed are we and valuable, are ducts pro our to make use we resources other and materials The Resource Efficiency Improvement 98% waste recovered or recovered waste 98% recycled at our direct direct our at recycled * Sites that are able to measure measure to able are that * Sites and report their waste. their report and TARGET operations.* 2020

Diverted 88.3% of our of 88.3% Diverted waste from landfill. from waste RESULT 2020 ------

Waste Volume (metric tons) (metric Volume Waste 2015 2016 2017 2018 2019 2020 98% waste recovered or recovered waste 98% 2015: 17 companies, 43 locations, covering 75% of operations (FTE basis) (FTE operations of 75% covering locations, 43 companies, 17 2015: basis) (FTE operations of 75% covering locations, 42 companies, 20 2016: basis) (FTE operations of 69% covering locations, 40 companies, 20 2017: basis) (FTE operations of 68% covering locations, 33 companies, 20 2018: basis) (FTE operations of 65% covering locations, 33 companies, 17 2019: basis) (FTE operations of 62% covering locations, 26 companies, 16 2020: recycled at our direct direct our at recycled * Sites that are able to measure measure to able are that * Sites and report their waste. their report and TARGET operations.* 2,440 2,410 1,216 2,785 2,864 3,850 Disposal Volume Recycled & Reused Volume 2023 170 184

366 375 the key locations to reduce to reduce key locations the the waste going to landfill to landfill going waste the Will continue to work with Recovered Volume 207 264 459 494 and improve recycling recycling improve and ACTION PLAN FORWARD 333 228 rates further. rates 612 420 Total: 3,586 Total: 4,882 Total: Total: 2,983 Total: 3,079 Total: Total: 3,577 Total: 1,569

SUSTAINABILITY REPORT 2020 42 A N P T L E applied in other locations to decrease our water use. water our to decrease locations other in applied be can this whether We exploring are purposes. sanitary for rainwater byusing water saving are we Germany, in cations lo our of one In groundwater. or lake, river, anearby from water than environment the on impact and risk alower has It managed. well to be estimated is utilities by municipal provided Water operations. our all in utilities water nicipal mu from water using are we that to confirm able were we expected, As environment. local the impacts use water our way the of understanding detailed amore us gives ter. This wa the of source the investigated also have we operations, own our in used water of volume the tracking as well As year. per unit per water of liters 150,000 of savings ted estima with urinals, waterless five uses Irvine in HQ America ASICS improvements. efficiency for operations ter-intensive wa most our on focus and practices best share will we rther, fu use water their reduce operations our to help order In showers. and pool swimming the for water of a lot uses facility sports new our However, COVID-19. of because closing stores retail and to offices due year porting In 2020, we used 8.3% less water than in the previous re previous the in than water less 8.3% used we 2020, In year. every consumption water our to reduce aim we and possible, as efficiently as water to using committed are we operate, we which in communities the in water of supply asustainable To ensure processes. manufacturing to our tial essen is it and resources, precious life’s of most one is Water Water Use Our Reducing 2015 2016 2017 2018 2019 2020 2015: 30 companies, 60 locations, covering 55% of operations (FTE basis) (FTE operations of 55% covering locations, 60 companies, 30 2015: basis) (FTE operations of 80% covering locations, 81 companies, 26 2016: basis) (FTE operations of 80% covering locations, 85 companies, 31 2017: basis) (FTE operations of 82% covering locations, 85 companies, 32 2018: basis) (FTE operations of 79% covering locations, 92 companies, 30 2019: basis) (FTE operations of 75% covering locations, 82 companies, 28 2020: Water volume used in our operations (m operations our in used volume Water 23,154 45,621 47,152 49,208 48,556 48,140 Offices 6,118 Factories 9,577 28,093 10,061 12,923 25,666 27,299 Distribution Centers Distribution 32,591 9,160 6,725 8,174 5,718 7,422 ,4 4,944 6,644 20,899 6,658 3 ) Retail & Sport facility &Sport Retail 888 Total: 88,302 Total: Total: 97,226 Total: 93,387 Total: Total: 73,016 Total: 72,518 Total: 66,943 ------

SUSTAINABILITY REPORT 2020 43 A N P T L E as well as their overall sustainability strategy. strategy. sustainability overall their as well as suppliers are managing their environmental performance, how understand us helps assessment FEM Higg FEM). The (SAC’s Higg Module Environmental Facility Higg Coalition’s mental performance data using the Sustainable Apparel environ their to share 2suppliers Tier and 1factories Tier strategic our We asking are suppliers. stream upper 2 and to Tier impact more even and 1factories to Tier attributed is impact environmental chain supply our of 15% than More Analysis FEM Higg wable energy. rene of possibilities the exploring on them with worked and vironmental guidance with sustainability partner factories en the shared We also factories. the at improvement of points sharing and identifying are we and performance, the to rate used is score FEM Higg The efforts. environmental their on strongly performing are that suppliers the reward to year every Division Manufacturing Footwear by ASICS’ implemented is which rating, factory the into integrated further was sustainability environmental 2020, In mance. factories to improve our collective environmental perfor partner our with collaboration our on to build We continue in our Tier 1 supplier factories. used electricity renewable 85% for aim and possible where energy to renewable to switch them help also We will line. base to a2015 compared by50% factories 1supplier Tier in use energy to reduce suppliers our with work actively will we by2030, targets emissions GHG ner. our To achieve man responsible environmentally an in to operating ment commit our share that suppliers from to source We seek impacts. these reduce to drive chain supply our within influence our to using We committed are use. in are products the while washing and processes, manufacturing with ciated asso are impacts the apparel, For processes. manufacturing with associated are to footwear related impacts vironmental en the of most that us shows (LCA) research Assessment Cycle Life product Our impacts. environmental overall our of 65% than more for accounts manufacturing chain Supply of Manufacturing Managing the Environmental Impacts

------• • • • to monitor social performance in our supply chain. supply our in performance social to monitor FSLM Higg the using keep We will factories. of performance social the measuring and tracking for tool asimilar FSLM), (Higg Module Labor Social Facility SAC Higg the using data performance with us to provide suppliers asked also we FEM, SAC’s to the Higg addition In brand. each for questionnaires separate answering of instead with, work they brands the all with it share and year per once module the out to fill have only Suppliers purpose. this for tool industry efficient most the is FEM SAC’s the Higg that We believe This information will allow us to:

C F them with ge U T in more detail to our consumers consumers to our detail more in vironmental impact rack our indirect environmental impact environmental indirect our rack ocus on working with factories that have a lower en alower have that factories with working on ocus nderstand suppliers’ strategy sustainability and enga ommunicate the environmental impact of our products products our of impact environmental the ommunicate Cambodia, which together produce over 95% of all our footwear. footwear. our all of 95% over produce together which Cambodia, and Indonesia Vietnam, China, in factories 16 on based is table this in data The Environmental performance of footwear Tier 1 suppliers CATEGORY recovered waste recovered Recycled or Waste CO Water 2 emissions

UNIT tons kg/pair m kg/pair 3 /pair 2015 12,606 .200 .300 .30.019 0.03 0.03 0.03 0.03 0.02 .3 .3 .3 .2 .3 0.027 0.031 0.028 0.030 0.030 0.034 2.45

- 2016 9,324 2.17 - 2017 3,658 2.27 ased by 20.2% and waste emissions decreased by 8.6%. by 8.6%. decreased emissions waste and by20.2% ased decre shoes of pair per consumption Water 1suppliers. Tier our in use coal the out We phased have baseline. 2015 the to compared by41.8%, decreased 1suppliers Tier footwear In 2020, CO 2020, In systems. to implement best practice environmental management manufacturing processes. We also encourage our suppliers and designs product our byimproving impacts their duce re them to help 1suppliers Tier our with closely We work Reducing the Environmental Impact of Tier 1 Suppliers 2018 4,980 2.08 2 emissions per pair of shoes manufactured in our in manufactured shoes of pair per emissions 092020 2019 5,352 1.77 4.917 1.42 - -

SUSTAINABILITY REPORT 2020 44 A N P T L E

improve accuracy. improve to years coming the in data verified of number the increasing are we and 29%, about was ratio verification the year, Last data. self-assessment is 41% remaining the but data, verified are those of 59% Around us. with share to agreed facilities that FEM Higg the on based is analysis * The Water risk mapping in the supply chain* supply the in mapping risk Water 90% Tier 1 strategic partner factories improve improve factories partner 1strategic Tier 90% their SAC Higg Facility Environmental Module Module Environmental Facility SAC Higg their per item related to footwear manufacturing manufacturing to footwear related item per 10% reduction of water and waste impact impact waste and water of reduction 10% (Higg FEM) Score compared to baseline. compared FEM) Score (Higg 90% of all nominated Tier 2 suppliers 2suppliers Tier nominated all of 90% per item produced by Tier 1 footwear 1footwear byTier produced item per improve their SAC Higg FEM Score Score FEM SAC Higg their improve 10% reduction of CO of reduction 10% factories. (2015 baseline) (Scope 3, 2015 baseline) compared to baseline. TARGET 2020 High water risk location & Heavy water use: 15% use: water &Heavy location risk water High 31% use: water &Low location risk water High 36% use: water &Heavy location risk water Low :18% use water &Low location risk water Low 2 emissions

CO improved their Higg FEM 2019 score compa score 2019 FEM Higg their improved compa score 2019 FEM Higg their improved from which we received Higg FEM modules modules FEM Higg received we which from 69.2% of Tier 1 strategic partner factories factories partner 1strategic Tier of 69.2% red to baseline. (baseline: Higg FEM 2018) FEM Higg (baseline: to baseline. red 2018) FEM Higg (baseline: to baseline. red pair of shoes manufactured (compared to (compared manufactured shoes of pair 20.2% and waste emissions decreased decreased emissions waste and 20.2% 2 emissions decreased by 41.8% for every every for by41.8% decreased emissions 50% of participating Tier 2 suppliers 2suppliers Tier participating of 50% emissions from our supply chain** Water consumption decreased by decreased consumption Water 30.8% reduction in absolute CO absolute in reduction 30.8% by 8.6% for every pair of shoes shoes of pair every for by 8.6% manufactured (2015 baseline) 2015 baseline year) RESULT management practices and are limited water users. users. water limited are and practices management water good to have continue suppliers our of Many ment. assess FEM Higg the from gathered information recent more on based assessment this updated we 2020, In pliers. 2sup 1and Tier apparel and footwear on focused ments assess risk water out carrying been have we 2017 Since sustainability. water to improve opportunities as well as areas, these in risks water the understand we that important therefore is It pollution. and use water on regulations and structure infra water limited with scarcity, bywater affected regions in located are with work we factories the of Many vities. globally in its material sourcing acti and manufacturing water fresh of amount asignificant uses industry Our 2020 2

- - 20% reduction of water and waste impact per impact waste and water of reduction 20% their SAC Higg FEM Score compared to baseline. compared Score FEM SAC Higg their by our Tier 1 supplier factories to manufactu factories 1supplier Tier by our 90% Tier 1 strategic partner factories improve improve factories partner 1strategic Tier 90% 50% reduction in the amount of energy used used energy of amount the in reduction 50% their SAC Higg Facility Environmental Module Module Environmental Facility SAC Higg their 90% of all nominated Tier 2 suppliers improve improve 2suppliers Tier nominated all of 90% re our products by 2030 (2015 baseline) (2015 by2030 products re our **Target scope is ‘purchased goods and services’ services’ and goods ‘purchased is scope **Target (Higg FEM) Score compared to baseline. compared FEM) Score (Higg CO and ‘end-of-life treatment of sold products’. sold of treatment ‘end-of-life and factories by 2023. (2015 baseline) 85% renewable electricity used in used electricity renewable 85% manufacture our product by2030 product our manufacture item produced by Tier 1 footwear 1footwear byTier produced item 2 emissions from our supply chain** our Tier 1 supplier factories to factories 1supplier Tier our 63% reduction in absolute absolute in reduction 63% by 2030 (2015 baseline) TARGETS FOR THE

FUTURE

- - - - -

with suppliers. engagement our strengthen we as facilities the with up to follow continue We will improvement. for strategies management system in place, including targets and water effective an have most that found continuously we users, water heavy as identified facilities the For

- renewable energy sourcing possibilities and energy source and enable renewable energy Enhance communication with the with suppliers communication Enhance 2020 score compared to the 2019 baseline. 2019 to the compared score 2020 With factories, partner continue to explore tories and 90% of them improve their Higg Higg their improve them of 90% and tories FEM score compared to the 2019 baseline. baseline. 2019 to the compared score FEM Enhance communication with partner fac and 90% of them improve their Higg FEM Higg their improve them of 90% and Continue to engage with Tier 1 footwear 1footwear Tier with to engage Continue Work within initiative industrial (Fashion conduct an energy efficiency program. efficiency energy an conduct Charter) to phase out carbon intensive intensive carbon out to phase Charter) factories to achieve targets using using targets to achieve factories sourcing at factories. our partner Actively switch to recycled and to recycled switch Actively lower emissions materials. ACTION PLAN Higg FEM analysis. ONWARD

SUSTAINABILITY REPORT 2020 In this report, we have set goals for 2023 and 2030 that will help External us achieve our mission sustainably. We have also looked back on the 2020 goals we achieved, and to the success of our activities around people and planet. We are grateful to have received exter- Recognition nal recognition as a result of these efforts.

CDP Supplier Engagement S&P Global Sustainability CDP DJSI FTSE4Good Index Series MSCI Japan ESG Select Leaderboard 2020 Yearbook Member 2021 and FTSE BLOSSOM Leaders Index JAPAN INDEX

ASICS Corporation has been ASICS Corporation is included. ASICS Corporation rated A le- ASICS Corporation was se- ASICS Corporation has been ASICS Corporation has recognized for the second It showcases the sustainability vel on climate change for the lected for the sixth time as a continuously included in the been continuously included consecutive year, and it show- performance of the world’s top first time (previously rated B component company of the FTSE4Good Index since 2016 with AA ratings since 2017. cases that ASICS is among 15% companies in the industry. level 4 times) and rated B level Dow Jones Sustainability and the FTSE Blossom Japan the top 7% of organizations on water security for the first Asia/Pacific Index. index since 2017. assessed by CDP, one of al- time (was B- level). most 400 companies on the 45 Leaderboard this year. 46 U U R T F E in All of Us AthletesLifetime 2030 VISION

SUSTAINABILITY REPORT 2020 これから Next ASICS: 47 U U R T F E ASICS NEXT ASICS future. abright for society to value clear delivers that company atrusted to be ASICS for strive Together, will we vision. this share can employees tivities. We will disseminate VISION2030 ac business our byadjusting relevant remains philosophy our sure make will we to change, continues world the As our philosophy ‘Sound Mind, Sound Body‘ to life. value. This will form the foundation for our work bringing mains while growing each domain individual and maximizing synergies by combining the three individual do- business to generate plans ASICS themes, three these on Based Planet. and People of pillars main two our under activities sustainability our drive will This methods. tainable products and with services environmentally conscious, sus domains willthe develop business and offer personalized tal, and Personal. Using always-evolving digital technology, Digi –Sustainable, themes common three share will mains do business three All Diagnosis. and Analysis and munity, Com and Facility Product, domains: three in business its to expand plans ASICS beyond, and years 10 next the Over awhole. as business our and processes, and products our people, our ASICS, of core the at is Sustainability Community Facility + Facility Product Analysis + Diagnosis widely so ASICS

- - - - - 2 Create Quality Lifestyle through Intelligent Sport Technology Sport Intelligent through Lifestyle Quality Create COMMON THEMES Digital Personal Sustainable

SUSTAINABILITY REPORT 2020 Appendices

Appendix 1: About This Report

The ASICS Sustainability Report 2020 outlines our company’s sustainability vision and strategy, the targets we have set to achieve our goals, and the specific activities under- taken. Throughout the report, ASICS uses the word ‘sustainability’; this is also used interchangeably with ‘CSR’.

This Sustainability Report provides a picture of ASICS’ sustainability. The ASICS Sustainability Framework has two main pillars – People and Planet – and this report is structured on that basis. It is designed to be used alongside the ASICS Integrated Report, which provides the whole picture of ASICS, showing how sustainability is integrated into our core values and business strategy to increase our value creation.

We publish our sustainability report every year. Our 2019 sustainability report was released on May 25th, 2020. This report covers the calendar year January 1st, 2020 to December 31st, 2020 . Unless otherwise specified, the information shared pertains to ASICS’ global operations. For Haglöfs information, please refer to Haglöfs' sustainability report. The year 2020 was the last year of our 2016-2020 strategic plan, and the year in which we set new targets for 2030 and 2050.

This report has been prepared in accordance with the GRI Standards: Core option. The GRI Content Index is available on our website. In parallel to this report, we also publish an integrated report.

Our sustainability efforts are much more powerful when we work together with our stakeholders. We value your opinion about our work and this report, and we welcome

48 your feedback. 2020 REPORT SUSTAINABILITY Stakeholder engagement and topics

Appendix 2: Materiality STAKEHOLDER METHOD OF CONTACT MAIN TOPICS/CONCERNS Consumers Survey Mental and physical well-being, innovation, Looking Ahead: A New Approach to Materiality products and services quality, climate action The ASICS Group operates a corporate-wide materiality Shareholders & Regular dialogue, Innovation, products and services quality, program that identifies and evaluates the material topics investors survey climate action, human rights in the supply chain, that are most relevant to our stakeholders and to our busi- corporate governance and disclosure. ness. Employees Survey Mental and physical well-being, employee engagement 2020 was the final year of our previous five-year strategic Business Interview, Innovation, products and services quality, plan. To prepare us for the next phase of our business stra- Partners survey human rights in the supply chain, circularity, tegy and sustainability strategy, we substantially updated water management our materiality matrix. The update involved qualitative interviews and quantitative surveys with both internal stake- Communities Projects and Mental and physical well-being holders, such as employees and management, and external volunteering stakeholders, including investors, NGOs, consumers, customers, suppliers, and industry associations . Materiality matrix The updated materiality matrix is more focused, and it

has helped us create a new strategy that fits well with Material VISION2030. & physical well-being

Innovation

Climate Products & service action quality

Human rights in the supply chain

Circularity

Employee engagement Employee engagement Materiality Matrix Corporate Our materiality matrix maps out the corporate-wide material governance

Importance to stakeholders to Importance & disclosure topics identified by internal and external stakeholders according to their level of priority. The matrix is based on analysis of our consultations with stakeholders, international frameworks, our business priorities, and our sustainability performance.

The materiality matrix shown here displays our nine material topics. We have established four of these topics as higher Importance to ASICS priorities: mental & physical well-being, innovation, product 49 & service quality, and climate action. High Priority Topics Material Topics Material topics and indicators

MATERIAL TOPIC GRI INDICATORS AND OTHER KPIS

Mental & physical well-being: ASICS’ purpose has been to help people achieve Local communities a sound mind in a sound body since the company was founded in 1949. People are more aware than ever before of the importance of mental and physical health, so this is the most relevant topic to our stakeholders and our business. Innovation: To enable a healthy and fulfilled mind and body, we need to pursue Materials innovation for products, services, and business models with personal, digital, and sustainable in mind as our common themes. Products & services quality: In order to meet the expectations of our Consumer health and safety stakeholders, we need to keep enhancing the performance of our products Marketing and labelling and services while ensuring their safety. Climate action: Climate change is one of the most critical issues for our Energy sustainable business and for future generations to keep achieving a Emissions sound mind in a sound body. Human rights in the supply chain: Upholding fair business practices and improving Child labor labor conditions across our supply chain are responsibilities we take seriously. Forced or compulsory labor Human rights assessment Supplier social assessment Freedom of association and collective bargaining Circularity: To tackle climate change, we should shift to circular manufacturing Materials and business model by using less and cleaner materials, making more durable Effluents and waste products, and recycling materials and products. Supplier environmental assessment Employee engagement: To help more people achieve a sound mind in a sound body, Employment we need a diverse team to drive innovations, and realize high performance by strong Diversity and equal opportunity and fully engaged employees. Labor/management relations Training and education Nondiscrimination Water management: Our industry uses a significant amount of fresh water Water globally in its supply chain and understanding of water risks and improving water sustainability are important. Corporate governance and disclosure: ASICS is dedicated to continuous Environmental compliance enhancement of our corporate value, to gaining the trust of all stakeholders, Socioeconomic compliance and to achieving highly transparent management and disclosure. Consumer privacy Economic performance

50 Material topics in our value chain

PRODUCT RAW MATERIALS MATERIALS END OF LIFE MANUFACTURING TIER 3 AND SUPPLIERS ASICS RETAILERS CONSUMER (DISPOSAL/REUSABLE/ FACTORIES BEYOND) (TIER 2) RECYCLE) (TIER 1)

Raw unprocessed Companies supplying A supplying partner All entities within Business customers People who buy and The final state of our materials or finished materials to the ASICS group the ASICS Group. of ASICS that sell our use ASICS products products' existence feedstock that (such as yarn, fabric involved in the manu- These include our products to and services, where they no longer are used to or trims) that are the facturing of our Sales Offices, consumers, such including our meet the quality produce finished main components footwear, accesories sourcing/production as specialist footwear, sports expectations or products or of our products. or apparel products. management, offices, sport shops, depart- apparel, accesories other needs of our materials. distribution centers, ment stores and training plans. customers. Institute of Sport and online retailer. Science and affiliate companies.

Mental & physical well-being

Human rights in the supply chain

Employee engagement

Innovation

Products & service quality

Climate action

Circularity

Water management

Corporate governance & disclosure

Value Chain Analysis

The second component of our materiality program is va- The visual above shows where material issues occur in lue chain analysis. Material issues may occur at different our value chain. The dark blue bars show the issues that stages of our product life cycles. Some may be directly are considered to be of higher priority to ASICS and influenced by ASICS’ operations, while others occur our stakeholders, in line with the High Priority Topics 51 elsewhere in the value chain of our products. materiality matrix. Material Topics

Appendix 3: Supporting tion that similar temperature changes would occur in the 2℃ and 4℃ scenarios as of 2030, with a larger impact of the Task Force on physical risk in the years after 2030. Climate-Related We referred to the multiple IEA scientific scenarios, the IEA 450 Scenario for a +2℃ increase and IEA New Policy Financial Disclosures Scenario for a +4℃ increase to investigate the resilience of our corporate strategy. We implemented the scenario In June 2019 ASICS became the world’s first sporting analysis with relevant departments such as the Corporate goods manufacturer to support the Financial Stability Strategy, Finance, Legal and Sustainability Department Board’s Task Force on Climate-Related Financial Disclosu- and concluded that the biggest risk would be a reputation res (TCFD). ASICS will disclose information on business risk if we would not be able to meet our consumers' and risks and opportunities related to climate change based on stakeholders' requirements and expectations. The results the TCFD recommendations. of the scenario analysis were shared with management including the President and COO and the Executive Officers Governance and subsequently integrated into our business strategy. We The Board of Directors oversees both climate-related risks will continue to proactively commit to bold and ambitious and opportunities in our sustainability governance model. goals, and to accurately and regularly communicate our The Risk Management Committee manages climate-related environmental actions related to climate-related risks and risks and the Sustainability Committee manages climate-re- opportunities, to meet the expectations of our stakehol- lated opportunities. The President and COO is the chair of ders. (You can read more about our targets on page 28.) both committees and the Executive Officers are the members. The Executive Officers and the Senior General Ma- Risk Management nagers are responsible for monitoring the progress of our The Risk Management Committee has the authority to science-based and other targets. They also are responsible operate ASICS group's risk management by identifying the for reporting to the Board of Directors and to both commit- risks and allocating the management resources to mitigate tees, which meet twice a year. Climat change is also inclu- the risks. The Risk Management Committee reports to the ded in the regular reports by the Senior General Manager of Board of Directors. The Division Risk Owners are appoint- the Sustainability Division to the President and COO. ed, in principle, from the Senior General Managers in each (You can read more on governance on page 7.) division and/or General Managers, and lead to mitigate the risks and report the progress of mitigating actions. The Risk Strategy Management Team carries out activities to maintain our We listed a variety of risks and opportunities and evaluated Risk Management operations and monitor their effective- the impact of each one on our company. This analysis has ness and relevance. The Risk Management Team co-work been applied across our businesses. Examples of risks iden- with the Internal Audit Department. tified include carbon taxes, price increases of raw materials (oil prices), and some physical risk such as the disconnecti- ASICS group's risk management system implements the on of the distribution network due to natural disasters. Op- identification, analysis, evaluation, mitigation, monitoring portunities we identified include the development of new and reporting of the risks and the climate-related risks are products or services through R&D and innovation. integrated into this regular risk management process. Alig- ning with our business strategy, our Risk Management Team When analyzing the risks and opportunities, we used 2030 gathers risk information from each division regularly so that as the time horizon as it is close enough to ensure strategic we can take existing and emerging regulatory requirements relevance. Considering the time horizon of 2030 and the into account. The Risk Management Committee decides impact from the climate change at that time, we decided the priority risks based on the business impact and assigns to start referring to the IEA scientific scenarios which are Division Risk Owners for each risk. The mitigation plan for

52 more related to transition risk. This includes the expecta- each risk is led by the Division Risk Owners. 2020 REPORT SUSTAINABILITY Climate-related Risks The Risk Management Team advises them and monitors its progress. With regard to climate-related risks, we identified reputation risk and the Supply chain BCP risk. (You can read more on page 7.) TRANSITION RISK PHYSICAL RISK

Metrics and Targets We newly committed to reduce our absolute Scope 1 and 2 Policy and Legal Market Reputation Chronic Acute greenhouse gas (GHG) emissions 63% across its direct operations, aligned with a 1.5°C pathway, and also committed to Carbon taxes Changing Customer Increased Decreased sports Supply Chain reduce the absolute Scope 3 GHG emissions from purchased behavior stakeholder opportunity due BCP risk goods and services and end-of-life treatment of sold products Product labeling concern to rising mean regulations Increased prices temperatures 63% by 2030 (vs the 2015 base year), with the aim of achieving of raw materials net-zero emissions by 2050. Our new targets have been offi- (oil price) cially approved by the Science Based Targets initiative (SBTi). We have each scope GHG emissions data from 2015 to 2020 in this report. (You can read more about the reduction in our emissions on page 37 and 39.)

Based on the TCFD recommendations, we will continue to evaluate the climate-related risks and opportunities for our businesses and disclose relevant information from the four perspectives of Governance, Strategy, Risk Management and Metrics and Targets.

Climate-related Opportunities

OPPORTUNITY

Products & Services Energy source

Shift in consumer Use of lower emission preferences sources of energy

Development of new products or services through R&D and innovation