Tranche Update on Amada Co., Ltd.'s Equity Buyback Plan announced on May 12, 2023.

Amada Holdings Co. Ltd. specializes in manufacturing, renting and marketing processing machines. The group also provides maintenance and repair services. Net sales break down by family of products as follows: - metallurgy machines (80.3): primarily laser and welding machines, cutting and degreasing machines, bending and pressing machines; - machine tools (19.3%): sawing machine, grinders, etc.; - other (0.4%). Net sales are distributed geographically as follows: Japan (45.5%), China (4.1%), Asia (10.1%), Europe (18.7%) and North America (21.6%).