Notice Regarding Acquisition of Shares of V-Tech Corporation (Subsidiarization)

Overview of the M&A

Kitz Corporation resolved at the Board of Directors meeting held on March 26, 2026, to acquire all 886,400 shares of V-Tech Corporation held by Kanadevia Corporation and make it a subsidiary. The acquisition price is 9,198 million yen for the shares, plus approximately 170 million yen including advisory fees, totaling approximately 9,368 million yen. The share transfer execution date is scheduled for June 1, 2026. V-Tech’s main businesses are manufacturing industrial special valves and rupture discs, with a particular strength in vacuum valve technology related to semiconductors.

Impact on Shareholders and Future Outlook

Through this acquisition, the Company will acquire all shares of V-Tech, increasing its voting rights ownership from 0% to 100%. This will strengthen the vacuum valve business in the semiconductor field, aiming to establish a medium- to long-term growth foundation. The impact on consolidated financial results due to the acquisition is currently under review and will be promptly disclosed as necessary.