  Let $A_r=\{r<|z|<1\}$ be an annulus. We consider the class of operators
$\mathcal{F}_r:=\{T\in\mathcal{B}(H): r^2T^{-1}(T^{-1})^*+TT^*\le
r^2+1,\hspace{0.08 cm}\sigma(T)\subset A_r\}$ and show that for every bounded
holomorphic function $\phi$ on $A_r:$
$$\sup_{T\in\mathcal{F}_r}||\phi(T)||\le\sqrt{2}||\phi||_{\infty},$$ where the
constant $\sqrt{2}$ is the best possible. We do this by characterizing the
calcular norm induced on $H^{\infty}(A_r)$ by $\mathcal{F}_r$ as the multiplier
norm of a suitable holomorphic function space on $A_r$.
