Ferrotec : Notice of the Partial Revision to the Business Report in the Convocation Notice for the 43rd Annual General Meeting picture_as

News Release: Ferrotec Holdings Corporation (6890 TSE Standard)

June 26, 2023

To our shareholders

He Xian Han Representative Director Ferrotec Holdings Corporation

2-3-4 Nihonbashi, Chuo-ku, Tokyo

Notice of the Partial Revision to the Business Report in the Convocation Notice for the 43rd Annual General Meeting

We found errors in the business report (page 33) in the convocation notice for the 43rd annual general meeting. We would like to express our apology and correct them as follows.

[Corrections (underlined parts)] (Before correction)

1. Current situation of our company Situation of officers
   (3) Items regarding outside officers
   2. Major activities in the fiscal year ended March 2023

Attendance and expression of opinions at meetings of the Board of Directors and the Audit & Supervisory Board

			Attendance at	Attendance at
			meetings of the
			meetings of the		Summary of opinions and duties conducted to fulfill
Category	Name	Audit &
Board of		expected roles of outside directors
			Supervisory
			Directors
			Board
Director				(Omitted)
Audit	&	Takamasa Higuchi	19/19 times	15/15times		(Omitted)
(100%)	(100%)
Supervisory
Board		Takuo Matsumoto	14/14 times	11/11times		(Omitted)
Member		(100%)	(100%)

(Note) Takuo Matsumoto, who serves as an Audit & Supervisory Board Member, was appointed at the 42nd annual general meeting held on June 29, 2022, so the numbers of times of his attendance at the meetings of the Board of Directors and the Audit & Supervisory Board after his appointment are 14 and 11, respectively, which is different from those of other Audit & Supervisory Board Members.

(After correction)

1. Current situation of our company Situation of officers
   (3) Items regarding outside officers
   2. Major activities in the fiscal year ended March 2023

Attendance and expression of opinions at meetings of the Board of Directors and the Audit & Supervisory Board

			Attendance at	Attendance at
			meetings of the
			meetings of the		Summary of opinions and duties conducted to fulfill
Category	Name	Audit &
Board of		expected roles of outside directors
			Supervisory
			Directors
			Board
Director				(Omitted)
Audit	&	Takamasa Higuchi	19/19 times	16/16times		(Omitted)
(100%)	(100%)
Supervisory
Board		Takuo Matsumoto	14/14 times	12/12times		(Omitted)
Member		(100%)	(100%)

(Note) Takuo Matsumoto, who serves as an Audit & Supervisory Board Member, was appointed at the 42nd annual general

News Release: Ferrotec Holdings Corporation (6890 TSE Standard)

meeting held on June 29, 2022, so the numbers of times of his attendance at the meetings of the Board of Directors and the Audit & Supervisory Board after his appointment are 14 and 12, respectively, which is different from those of other Audit & Supervisory Board Members.