KEMET Corporation announced that, in connection with the pending acquisition of KEMET by Yageo Corporation, the parties received the final regulatory approval that is a condition to closing of such transaction from the Investment Commission, Ministry of Economic Affairs in Taiwan. The parties expect to consummate the merger on or about June 15, 2020, subject to the satisfaction of the remaining closing conditions set forth in the merger agreement, announced on November 11, 2019, and discussed in detail in the definitive proxy statement, filed by KEMET with the U.S. Securities and Exchange Commission on January 14, 2020.