Ushio : Notice of Application for Selection of Prime Market in New Market Segments

Translation

December 3, 2021

Company Name: USHIO INC.

Name and Title of Representative:

Koji Naito, President and Chief Executive Officer

(Code Number: 6925,

First Section of the Tokyo Stock Exchange）

Name and Title of Contact Person:

Hideaki Takizawa, General Manager,

Accounting and Finance Department (TEL [phone] (from overseas))

Notice of Application for Selection of Prime Market in New Market Segments

Ushio Inc. (the "Company") has 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. (the "TSE") on July 9, 2021 and has confirmed that the Company is in compliance with the Prime Market listing standards.

Based on these results, the Company resolved at the meeting of its Board of Directors held today to select and apply for the listing on the Prime Market as its new TSE market segment which is scheduled to be introduced on April 4, 2022.

Henceforth, the Company will proceed with the prescribed procedures in accordance with the schedule set forth by the TSE.