#CompanyName

In response to reports by Nikkei Inc., Oki Electric Industry Co., Ltd. denies any current resolution by the Board of Directors or decision to amend the Articles of Incorporation regarding a company name change, and states that if such resolutions occur, they will be promptly disclosed.

Ricoh Leasing Company, Ltd. plans to change its company name to RITRES Co., Ltd. effective December 1, 2026, conditional upon approval of the partial amendment of the articles of incorporation at the shareholders' meeting on June 29, 2026.

Regarding the share buyback request from shareholders, the Company has agreed on a price of 2,887 yen per share. The impact on consolidated results for February 2026 is minimal.

On January 8, 2026, it was decided to purchase 2,317 fractional shares resulting from the share exchange as treasury stock and to pay cash based on the closing price of the Tokyo Stock Exchange.