Tranche Update on Sinfonia Technology Co.,Ltd.'s Equity Buyback Plan announced on August 4, 2020.

SINFONIA TECHNOLOGY CO., LTD. is a company mainly engaged in the manufacture and sale of motion equipment. The Company operates in three segments. The Motion Equipment segment is engaged in the manufacture and sale of digital photo printers, electrical components for space rockets and aircrafts use, electromagnetic clutch brakes and others. The Power Electronics Equipment segment is engaged in the manufacture and sale of vacuum melting furnaces, electricity generators, handling equipment for semiconductor manufacturing devices, electrical systems for iron and steel plant use, among others. The Support and Engineering segment is engaged in the construction and engineering of electrical equipment, the engineering of carrier systems for hospitals, the operation of warehousing and transportation businesses, the development of software and the provision of labor dispatch service, among others.