Hitachi Chemical : Announcement of Delisting of the Company Shares

June 18, 2020
Hitachi Chemical Co., Ltd.

Hitachi Chemical Company, Ltd. (the 'Company') announces that the proposal regarding share consolidation has been approved as proposed at the Company's extraordinary shareholders meeting held on June 5, 2020, and subsequently, through the prescribed procedures, the shares of the Company will be delisted from the First Section of Tokyo Stock Exchange, Inc. (the 'Tokyo Stock Exchange') on June 19, 2020.

For more details, please refer to the press release titled 'Announcement on Shareholder Approval of Share Consolidation, Abolition of Provisions on Share Units and Partial Amendment to the Articles of Incorporation' dated June 5, 2020.

The Company expresses its sincere gratitude to shareholders and other stakeholders for their understanding and wholehearted support to the Company's management for many years since the Company was listed on the Tokyo Stock Exchange in October 1970.

The Company will work together with the Showa Denko Group in phases to eventually integrate into a new company in the future. Through vertical integration of technologies and businesses that combine Showa Denko Group's materials technologies with Hitachi Chemical Group's materials, evaluation, and process technologies, the two groups will aim to become the 'global-top-class manufacturer of functional chemical materials/products' creating solutions to the challenges facing its customers and society as a 'one-stop, advanced materials partner.' The Company would appreciate it if you could provide the Company with your continuous understanding and support.