Announcement Regarding the Result of the Tender Offer by Nippon Steel Corporation for Our Shares

Overview of the Tender Offer

Nippon Steel Corporation conducted a tender offer for the ordinary shares of Kurosaki Harima Corporation from February 2 to March 3, 2026. The total number of tendered shares amounted to 14,932,986. The purchase price was 4,200 yen per share, and since the number of shares tendered exceeded the lower limit of the planned purchase quantity of 6,818,596 shares, all tendered shares were acquired. After the purchase, Nippon Steel's voting rights ownership ratio reached 90.76%, and the tender offer was successful.

Future Outlook and Delisting of Shares

Following the tender offer results, Nippon Steel Corporation plans to proceed with procedures to make the tender offeror the sole shareholder of Kurosaki Harima Corporation, which is expected to lead to the delisting from both the Tokyo Stock Exchange Prime Market and the Fukuoka Stock Exchange Main Market. Once delisted, market trading of the subject shares will no longer be possible. Detailed procedures will be promptly announced after consultations with the relevant parties.