Announcement Regarding Result of the Tender Offer for the Shares of SHINKO ELECTRIC INDUSTRIES CO., LTD. (Securities Code: 6967) by JICC-04, Ltd. 

JIC Capital, Ltd. (Head office: Minato-ku, Tokyo; RepresentativeDirector, President, and CEO: Shogo Ikeuchi; “JICC”), which is a wholly-ownedsubsidiary of Japan Investment Corporation (Head office: Minato-ku, Tokyo;President and Representative Director: Keisuke Yokoo), hereby announces thatthe press release titled “Announcement Regarding Result of the Tender Offer forthe Shares of SHINKO ELECTRIC INDUSTRIES CO., LTD. (Securities Code: 6967)”(attached hereto) was published today by JICC-04, Ltd., which is a subsidiaryof a fund operated by JICC.

In addition to the funds in which JICC invests, (i) a fund in which Hachijuni Sustainability No. 1 Fund (General partner:Hachijuni Investment Co., Ltd.) will invest, (ii) Mitsui Chemicals, Inc.(Head office: Chuo-ku, Tokyo; President and Representative Director: OsamuHashimoto; Securities code: 4183), and (iii) DaiNippon Printing Co., Ltd. (Head office: Shinjuku-ku, Tokyo; Presidentand Representative Director: Yoshinari Kitajima; Securities code: 7912) have investedin JICC-04, Ltd.

While JICC-04, Ltd intends to complete the privatization of SHINKOELECTRIC INDUSTRIES CO., LTD. (the “Target Company”) by around early tomid-June 2025 through squeeze-out procedures, etc., thespecific procedures, timing of implementation, and other such matters will beannounced promptly by the Target Company once it has decided them afterconsultation between JICC-04, Ltd. and the Target Company.　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　

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“Announcement Regarding Result of the Tender Offer for the Shares ofSHINKO ELECTRIC INDUSTRIES CO., LTD. (Securities Code: 6967)” as of March 19,2025.