OSAKA SODA Co., Ltd. hereby announced the current status and future outlook regarding the "suspension of some production facilities due to manufacturing equipment problems at Mizushima Plant," as disclosed on April 25, 2023. Current status: Regarding the malfunctions of the main equipment for the Allyl Chloride production facility that occurred on April 4, 2023, as previously announced, problems were once again detected in the main equipment on July 27, and production was partially suspended. The company reported that it has confirmed that production has been restored to 70% of its original level since November 21, 2023 and stable operation has been achieved as a result of every possible effort in restoration activities.

Future outlook: Full repair of the main equipment is scheduled to be completed during the regular maintenance in March 2024 as originally planned, and the recurrence of problems will not have an impact on the original schedule. Furthermore, taking into consideration the business environment to date and the future outlook, there will be no changes to the previously announced consolidated financial results for the fiscal year ending March 31, 2024.