Notice Regarding the Acquisition of
Irish Medical Device Manufacturer Advant Medical Limited(Update)

March 6, 2020

Nissha Co., Ltd.

We hereby announce that the Stock Purchase Agreement among Nissha Co., Ltd.’s consolidated subsidiary in the Medical Technologies Business Unit, US-headquartered Graphic Controls Group, and the shareholders of Advant Medical Limited, an Irish medical device manufacturer, and Advant Medical Costa Rica Limitada (“Advant Medical Group”), has terminated in accordance with its terms. The acquisition of the Advant Medical Group by Graphic Controls Group, originally announced in November 8, 2019, will therefore not be consummated.

The impact of this matter on the Company’s consolidated results for the current fiscal year is expected to be minor. Going forward, if revisions to business forecasts or the announcement of other matters become necessary, we will make prompt disclosure of the same.

- The content of the web is information at press time, may change thereafter without notice. Due to risks and uncertainties, predictions may differ from actual results. Please be forewarned.
- "Nissha" is a generic name of Nissha Co., Ltd. and "Nissha Group" is a Nissha Co., Ltd. and its group companies.

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