Taiwan Takisawa Technology Co., Ltd. announced replacement of representative of Juristic Person as Director. Name of legal person: Takisawa Machine Tool Co., Ltd. Name of the previous position holder: Noriaki Hayashida and Kazuhiro Kajitani. Resume of the previous position holder: Senior Managing Director of Takisawa Machine Tool Co., Ltd. Managing Director of Takisawa Machine Tool Co., Ltd. Name of the new position holder: Tatsuya Nishimoto and Ohko Suzuki.

Resume of the new position holder: Tatsuya Nishimoto, Executive General Manager of Machinery and Automation Business Unit of Nidec Corporation. Chairman of Nidec Machinetool Corporation. Chairman of Nidec drive Technology Corporation.

Chairman of Takisawa Machine Tool Co., Ltd. Ohko Suzuki, Executive officers and General Manager of Nidec Mechanical (Shanghai) drive Technology Co., Ltd. Executive officers and General Manager of Nidec drive Technology Taiwan Corporation. Reason for the change: Replacement of Representative of Juristic Person as Director. Effective date of the new appointment: March 29, 2024.