Mitsubishi Kakoki Kaisha,Ltd.

Tsukishima Holdings and Mitsubishi Kakoki, both engaged in water treatment and industrial machinery plants, announced on the 30th that they will integrate their management on April 1, 2027. They will establish a joint holding company, Mitsubishi Tsukishima Kakoki Holdings. Through a share exchange, Mitsubishi Kakoki will acquire all shares of Tsukishima HD, and Tsukishima Holdings is scheduled to be delisted on March 30, 2027. The share exchange ratio is 1 to 0.88, with 0.88 Mitsubishi Kakoki shares allotted for each Tsukishima Holdings share. Tsukishima HD also announced that it will carry out a buyback of up to 1 million shares, equivalent to 2.5% of its issued shares, for up to 3 billion yen. The acquisition period runs from October 5 to March 19, 2027, and the acquired shares will be cancelled immediately before Mitsubishi Kakoki acquires the Tsukishima HD shares.