Tranche Update on Nitto Denko Corporation's Equity Buyback Plan announced on January 26, 2023.

Nitto Denko Corporation specializes in the manufacturing and marketing of chemical products used as materials for industrial and electronic components. Net sales break down by family of products as follows: - optoelectronic products (53.1%): LCD-related products, conductive films used on touch panels, semiconductor encapsulating materials, printed circuit boards, etc.; - industrial tapes (38.4%): adhesives tapes for electronic components and hard disc drives, surface protective materials, tapes for hygienic use, etc.; - medical and environmental materials (5.6%): transdermal drug delivery patches and seawater desalination membranes; - other (2.9%).