Notice of Application for Selection of "Prime Market" of Tokyo Stock Exchange's New Market Segments

November 5, 2021

Company name ： Nippon Paper Industries Co., Ltd.

Representative : Toru Nozawa, President

(Stock code: 3863, First Section, TSE)

Notice of Application for Selection of "Prime Market" of Tokyo Stock Exchage's New

Market Segments

Nippon Paper Industries Co., Ltd.（"the Company"）announces that it received the results of the

initial assessment of its compliance with the listing standards of the new market segments from the

Tokyo Stock Exchange, Inc. ("TSE") on July 9, 2021 and has confirmed that it is compliance with the

listing standards of the "Prime Market".

Based on these results, the Board of Directors of the Company has resolved in its meeting held

today to select and apply for listing on the Prime Market which is scheduled to be introduced on April

4, 2022.

Henceforth, the Company will proceed with the prescribed procedures related to the application for

the selection of the new market segment in accordance with the schedule set forth by the TSE.