Tranche Update on Aisan Industry Co., Ltd.'s Equity Buyback Plan announced on April 26, 2023.

AISAN INDUSTRY CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of automotive parts. The Company operates through four geographical segments including Japan, Asia, the Americas and Europe. The automotive parts business mainly manufactures and sells automotive parts such as fuel pump modules, throttle bodies, and canisters to domestic and overseas automakers. The non-automobile parts business is engaged in the transportation business of automobiles, civil engineering, and development and sales of computer systems and programs. The Company’s main products include fuel pumps, fuel pump modules, canisters for motorcycles, engine valves, titanium engine valves for motorcycles and others.