Tranche Update on Hakuto Co., Ltd.'s Equity Buyback Plan announced on April 28, 2022.

Hakuto Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of electronic components, electrical and electronic equipment and industrial chemicals. The Company operates in four business segments. The Electronic Component segment provides semiconductor devices and general electronic components. The Electronic and Electrical equipment segment mainly provides printed circuit board (PCB) related equipment and semiconductor manufacturing related equipment, as well as related services. The Industrial Chemicals segment mainly provides industrial chemicals and relates services. The Others segment is engaged in the provision of contract logistics management and insurance agency service.