(Amendment) Notice Regarding Change to Statement of Support and Recommendation to Tender for the Public Tender Offer by LLC FMDI, a Subsidiary of the Parent Company Itochu Corporation

Overview of the Public Tender Offer and Changes to Tender Agreement Conclusion

LLC FMDI, a subsidiary of the parent company Itochu Corporation, decided to conduct a public tender offer for the Company's shares on February 25, 2026, setting the offer price at 13,000 yen. If all shares are not acquired in this tender offer, a squeeze-out procedure will be implemented. As of March 17, 2026, 18 shareholders including Asahi Breweries, Ltd. concluded tender agreements for a total of 1,479,340 shares (11.66%) and agreed not to withdraw their tender, resulting in a change in the tender status.

Background to the Tender Offer and Future Capital Structure

Itochu Corporation determined that privatizing the Company by making the tender offeror the sole shareholder would contribute to enhancing the group’s overall corporate value and therefore conducted the public tender offer. After the tender offer is completed, a wide range of options regarding the privatized Company’s capital structure and management system will be considered, and the current capital structure and ownership percentages remain undecided. Shareholders who concluded tender agreements have agreed not to exercise rights contrary to the tender offeror's intent, and the agreements will terminate if the tender offer is withdrawn or not successfully completed.