June 30, 2023

Company Name: Fujikura Ltd.

Representative: Naoki Okada, President and CEO

(Code: 5803 TSE Prime)

Inquiries: Toru Hamasuna, Executive Officer and

General Manager of Corporate Strategy Planning Div.

(TEL+81-3-5606-1112)

Notice Regarding Submission of an Application for the Approval of Deadline Extension

for the 175th (Year Ended March 31, 2023) Securities Report

Fujikura Ltd.Fujikuraannounces that the Board of Directors, at a meeting held on June 30, 2023, has decided to submit an application to the Kanto Local Finance Bureau for the approval of deadline extension for the 175th (Year ended March 31, 2023) securities report, as prescribed in Article 15-2, Paragraph 1 of the Cabinet Office Ordinance on Disclosure of Corporate Information, as follows.

  1. Securities Report covered by application for the extension The 175th (Year Ended March 31, 2023) Securities Report
  2. Deadline before the extension for the submission of the report June 30, 2023
  3. Deadline if application for the extension is approved

July 31, 2023

4. Reason for application of the deadline extension

As mentioned in the "Announcement on the Investigation Relating to an Improper Real Estate Acquisition at a U.S.

Subsidiary," released on May 26, 2023, and "Notice Regarding the Progress of the Investigation Relating to an Improper Real Estate Acquisition and Similar Incidents at a U.S. Subsidiary," released on June 29, 2023, in Fujikura's consolidated subsidiary in the U.S. (the U.S. subsidiary), it is revealed the suspected private misappropriation of real estate by the Fujikura's Director (the director), who also served as the Chief Executive Officer of the U.S. subsidiary and responsible for the business of a total of 29 of Fujikura's overseas subsidiaries (including subsidiaries in the U.S., the United Kingdom, Canada, Mexico and Germany (relating to the telecommunication and power business)), by the whistle-blowing on March 3, 2023 (the Incident). We appointed outside law firms in Japan and the U.S. that do not have an interest in Fujikura, and started the investigation (the Investigation) on March 14, 2023.

However, in the progress of the Investigation, it is uncovered the possibility of occurrences of similar incidents in addition to the Incident. To fully understand the incident and similar incidents, the investigation has been continued until today.

Due to the fact that the consolidated financial statements and the financial statements have not been finalized and the auditing procedures by the accounting auditor have not been completed, based on the results of the investigation of the Incident and similar incidents, Fujikura will not be able to submit the 175th (Year Ended March 31, 2023) securities report by the submission deadline under Article 24, Paragraph 1 of the Financial Instruments and Exchange Act.

Under these circumstances, Fujikura has decided to apply to the Kanto Local Finance Bureau for the approval of the deadline extension of the said security report as prescribed in Article 15-2, Paragraph 1 of the Cabinet Office Ordinance on Disclosure of Corporate Information.

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For more information on the status of the Investigation of the Incident and summary of similar incidents, please refer to the "Notice Regarding the Progress of the Investigation Relating to an Improper Real Estate Acquisition and Similar Incidents at a U.S. Subsidiary," released on June 29, 2023.

5. Outlook

If this application for deadline extension is approved, we will promptly disclose a notice to this effect.

We deeply apologize to our shareholders, investors and all other concerned parties for any concern and inconvenience this may cause. We will fully cooperate with the external specialists and auditing firms, and will make every effort to finalize the settlement of accounts as soon as possible.

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Fujikura Ltd. published this content on 30 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2023 01:18:04 UTC.