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M&A and Subsidiary Changes3103UNITIKA LTD.Materials and Chemicals

(Progress on Previously Disclosed Matter) Notice Regarding Completion of the Liquidation of a Subsidiary

The dissolution and liquidation procedures for the Chinese subsidiary wholly owned by our consolidated subsidiary have been completed. The liquidation completion date was 29 June 2026.

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This transaction

Completion of liquidation of subsidiary
Disclosing companyUNITIKA LTD.
尤尼吉可(北京)貿易有限公司Subject of this transactionVoting rights ownership percentage Before UTC 100% (after not disclosed)
Execution Date / Effective Date29 June 2026 (liquidation completion date)
Target company

Contract manufacturing and import/export of apparel and textile products; export and domestic sales in China of textile products and industrial materials (business transferred on 30 December 2025)

Location Dongcheng District, BeijingShare capital CNY 2.8 millionDate of incorporation 29 November 2002
Impact on Business Performance

The impact of this matter on consolidated results for the fiscal year ending March 2027 is immaterial.

This transaction
ItemDetails
Transaction nameCompletion of liquidation of subsidiary
Name of the Subject Company尤尼吉可(北京)貿易有限公司
Business Description of the Subject CompanyContract manufacturing and import/export of apparel and textile products; export and domestic sales in China of textile products and industrial materials (business transferred on 30 December 2025)
Location of the Subject CompanyDongcheng District, Beijing
Capital Stock of the Subject CompanyCNY 2.8 million
Date of Establishment of the Subject Company29 November 2002
Voting rights ownership percentageBefore UTC 100% (after not disclosed)
Impact on Business PerformanceThe impact of this matter on consolidated results for the fiscal year ending March 2027 is immaterial.
Execution Date / Effective Date29 June 2026 (liquidation completion date)
Items this document does not state (23)
Counterparty nameNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

No reason for the liquidation is disclosed by the company. It is also stated that the business of the company concerned was transferred on 30 December 2025.

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(Progress on Previously Disclosed Matter) Notice Regarding Completion of the Liquidation of a Subsidiary | UNITIKA LTD. (3103) timely disclosure | Komori