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Memorandum of Understanding to drive local innovation and talent development Fujitsu Limited

Kawasaki and Sydney, July 4, 2024

Fujitsu today announced that Fujitsu Australia Limited and The Australian National University (ANU) in Canberra concluded a memorandum of understanding (MoU) to ensure that industry and government professionals, researchers, academics, and students in Australia will soon have access to a world-class quantum research facility. The agreement will see the two organizations partner to establish a center for quantum research, with ambitions to build an onsite quantum computer.

Aligning with Australias National Quantum Strategy to invest in, connect and grow Australias quantum research and industry to compete with the worlds best, the MoU sets out a long-term vision for how Fujitsu will partner with one of Australias leading tertiary educators to capitalize on the future opportunities and applications of quantum technologies for the benefit of local organizations and the global community.

Graeme Beardsell, EVP, Chief Executive Officer Oceania, at Fujitsu said: "At Fujitsu, we're innovating for the future of computing. Our investment in quantum research, coupled with strategic collaborations including with ANU, puts us at the forefront of the global race to develop the world's first fault-tolerant quantum computer. This is about more than just technology; it's about unlocking the next wave of innovation.

"Australia's commitment to quantum leadership is clear, and Fujitsu is playing our part. We're not just developing these technologies; we're sharing them, fostering collaboration, and believing that the next quantum breakthrough will come from a global, connected network of brilliant minds who are focused on developing technology for good."

As part of the collaboration, Fujitsu will provide ANU researchers and academics with access to Fujitsus quantum systems and simulators in Japan. To drive further innovation, Fujitsu, through collaboration with RIKEN, plans to release a 256-qubit quantum computer in March 2025 and a quantum computer with as many as 1000 qubits in fiscal year 2026 (1), cementing ANUs ongoing access to the latest in cutting-edge quantum technology.

Under the new collaboration, ANU will develop teaching and training modules based around access to Fujitsus quantum technologies to further inform the overall approach to research into quantum computing.

In addition to the exchange of knowledge, the endeavor will also aim to set up an on-site quantum computer at ANU to help local researchers, and government and industry professionals to develop expertise in quantum computers.

The on-site quantum computer will provide Australian professionals with access to local emerging technologies that will enable them to conduct advanced research in fields including cryptography, material science, and quantum simulations.

Professor Lachlan Blackhall, Deputy Vice-Chancellor (Research and Innovation) at The Australian National University said: This collaboration with Fujitsu complements and builds on the ANU mission to further higher education on emerging technologies including quantum computing and will help to foster the growth of a talented pool of quantum computing professionals in Australia.

ANU is excited to see this collaboration with Fujitsu, which promises to build on the Universitys strengths in quantum optical physics and quantum algorithms. More broadly, this dynamic collaboration and the work taking place as part of it will help grow the nations commitment to fundamental quantum physics, which is absolutely vital if we are to harness the incredible potential of research and apply it to real-world opportunities for the quantum world.

In addition to Fujitsus plans over the next two years to develop a 256-qubit and 1,000-qubit superconducting quantum computer with RIKEN, Fujitsu has developed quantum technologies and expertise including:

The Sustainable Development Goals (SDGs) adopted by the United Nations in 2015 represent a set of common goals to be achieved worldwide by 2030. Fujitsus purpose to make the world more sustainable by building trust in society through innovation is a promise to contribute to the vision of a better future empowered by the SDGs.

Fujitsus purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: http://www.fujitsu.com.

The Australian National University (ANU) is unlike any other university in Australia. Founded in 1946, in a spirit of post-war optimism, our role was to help realise Australia's potential as the world recovered from a global crisis. That vision, to support the development of national unity and identity, improve our understanding of ourselves and our neighbours, and provide our nation with research capacity amongst the best in the world, and education in areas vital for our future, has been our mission ever since.

Fujitsu Limited Public and Investor Relations Division Inquiries

All company or product names mentioned herein are trademarks or registered trademarks of their respective owners. Information provided in this press release is accurate at time of publication and is subject to change without advance notice.

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Fujitsu and ANU to bring world-class quantum computing to Australia - Fujitsu