[Nippon DryChemicals] Announcement of Share Consolidation and Delisting | August 2026

Overview of Share Consolidation and Articles of Incorporation Changes

Nippon DryChemicals will carry out a share consolidation on August 24, 2026, consolidating 1 ordinary share into 4 shares. As a result, the number of issued shares will decrease to approximately 26,808,458 shares, and treasury stock will also be canceled. Additionally, the consolidation will involve partial amendments to the Articles of Incorporation and the abolition of the unit share system, with delisting scheduled on the same day. Shareholders will receive monetary compensation for fractional shares, and the company will exit the listing market.

Background of Share Consolidation and Impact on Investors

This consolidation is a measure ahead of the scheduled delisting on August 24, 2026. By providing monetary compensation for fractional shares, it aims to protect minority shareholders’ interests. After the consolidation, the shares will no longer be traded, so investors will lose trading opportunities but can convert their assets through cash payments. Due to delisting, future fundraising and liquidity of shares will be challenging; therefore, careful investment judgment is required.