#FerrotecCorporation

FerroTec Corporation announced that on March 24, 2026, the stock price condition for the 130% call option clause of the Euro yen convertible bonds due 2028 with a remaining principal of 25 billion yen was satisfied, resulting in the occurrence of the right of early redemption, and plans to exercise this right on April 23, 2026.

Decided on a policy to conduct treasury stock acquisitions up to a maximum of 25 billion JPY from the fiscal years ending March 2027 through March 2029.

FerroTec Corporation plans to invest approximately 5.4 billion RMB (about 12.2 billion JPY) to build a new factory in Beijing, China, and establish three new companies by February 2026 engaged in parts cleaning, metal subcontract processing, and ceramics.

FerroTec Corporation disclosed supplementary explanation materials concerning the 2028 maturity Euro Yen convertible bond with warrants issued on June 23, 2023 (issue amount: 25 billion yen), including details on the soft call clause and conversion price adjustment clause.