Notice Regarding the Decision to Conduct a Share Transfer Request on Our Shares by Nippon Steel Corporation, Approval of the Share Transfer Request, and Delisting of Our Shares

Overview of the Share Transfer Request

As of March 10, 2026, Nippon Steel Corporation acquired 30,564,990 shares of Kurosaki Harima Corporation (ownership ratio 90.76%) and became a special controlling shareholder pursuant to the Companies Act. Accordingly, it decided to request the transfer of the remaining shares at ¥4,200 per share, and Kurosaki Harima’s Board of Directors approved this. The consideration for the transfer is the same as the tender offer price, and the payment funds will be covered by Nippon Steel’s cash and deposits.

Delisting and Fairness Assurance Measures

With the approval of this share transfer request, Kurosaki Harima’s shares will meet the delisting criteria of the Tokyo Stock Exchange Prime Market and the Fukuoka Stock Exchange's Main Market, and are expected to be delisted on March 30, 2026. After delisting, trading on these markets will no longer be possible. To ensure fairness of the transaction, measures such as establishing an independent special committee, having a third-party valuation agency assess the share value, and obtaining advice from multiple law firms have been implemented.