Exclusion of 2 Affiliates from the Scope of Consolidation and the Equity Method Following the Sale of Their Shares

「Nagase Specialty Materials NA LLC (because it ceased to exist following a merger by absorption on 1 April 2024 in which Nagase America LLC, a consolidated subsidiary, was the surviving company)」

「(Decrease) ・INFINITE MATERIAL SOLUTIONS, LLC (because it ceased to exist following a merger by absorption on 1 April 2023 in which INTERFACIAL CONSULTANTS LLC, a consolidated subsidiary, was the surviving company) ・PRINOVA GERMANY LIMITED (because it was liquidated on 11 April 2023) ・Inkron Technologies GmbH (because it was liquidated on 17 May 2023) ・サンデルタ㈱ (because its liquidation was completed on 28 November 2023)」

「(Increase) ・Flavor Tec - Aromas de Frutas Ltda (because an interest was acquired on 28 June 2023) ・Fruttini Sucos de Frutas Ltda (because an interest was acquired on 28 June 2023) (Decrease) ・INFINITE MATERIAL SOLUTIONS, LLC (because it ceased to exist following a merger by absorption on 1 April 2023 in which INTERFACIAL CONSULTANTS LLC, a consolidated subsidiary, was the surviving company) ・PRINOVA GERMANY LIMITED (because it was liquidated on 11 April 2023) ・Inkron Technologies GmbH (because it was liquidated on 17 May 2023)」

「(Increase) ・PRINOVA ITALY SRL (newly established) (Decrease) ・大泰化工㈱ (because all shares were sold on 3 October 2022) ・セツナン化成㈱ (because all shares were sold on 1 December 2022)」

「(Increase) ・PRINOVA ITALY SRL (newly established) (Decrease) ・大泰化工㈱ (because all shares were sold on 3 October 2022) ・セツナン化成㈱ (because all shares were sold on 1 December 2022)」

「・PRINOVA ITALY SRL (newly established)」

「・PRINOVA ITALY SRL (newly established)」

「During the third quarter of the current fiscal year, 広州倉敷化工製品有限公司 was excluded from the scope of application of the equity method following the sale of the investment. During the second quarter of the current fiscal year, 寿化成工業㈱ was excluded from the scope of consolidation following the sale of its shares. During the third quarter of the current fiscal year, The Ingredient House, LLC and Lakeshore Technologies, LLC were included in the scope of consolidation following the acquisition of interests.」

「・寿化成工業㈱ (because all shares were sold on 1 July 2021)」

「Material changes resulting in a decrease in the scope of application of the equity method: Sanko Gosei Technology(Thailand)Ltd., because our ownership percentage declined following the issuance of new shares in that company」

「• ナガセ医薬品㈱ (following the sale of all shares on 1 October 2020) • センコーナガセ物流㈱ (changed from a consolidated subsidiary to an equity-method affiliate following the sale of shares on 1 December 2020)」

「Changes resulting in a decrease in the scope of consolidation: ナガセツールマテックス㈱, which ceased to exist following a merger by absorption in which ナガセエレックス㈱, a consolidated subsidiary, was the surviving company (merger date: 1 April 2020); 深圳長瀬貿易有限公司, which ceased to exist following a merger by absorption in which 広州長瀬貿易有限公司, a consolidated subsidiary, was the surviving company (merger date: 30 June 2020)」

「During the second quarter of the current fiscal year, following the acquisition of an interest in Prinova Group,LLC, a total of 18 companies, including its subsidiaries, were included in the scope of consolidation.」

「During the first quarter of the current fiscal year, the newly established Nagase Holdings America Corporation was included in the scope of consolidation. During the first quarter of the current fiscal year, 長瀬電子科技股份有限公司, a consolidated subsidiary, ceased to exist following a merger by absorption in which 台湾長瀬股份有限公司, also a consolidated subsidiary, was the surviving company, and was therefore excluded from the scope of consolidation. During the first quarter of the current fiscal year, 株式会社SCREENデコラプリント was included in the scope of application of the equity method following its establishment, 3D Glass Solutions,Inc. following the acquisition of shares, and MINDA KYORAKU LTD. because its materiality had increased.」

「During the first quarter of the current fiscal year, ナガセ総合サービス株式会社, a consolidated subsidiary, ceased to exist following a merger by absorption in which 長瀬ビジネスエキスパート株式会社, also a consolidated subsidiary, was the surviving company, and was therefore excluded from the scope of consolidation. From the first quarter of the current fiscal year, the newly established ゼノマックスジャパン株式会社 was included in the scope of application of the equity method.」

「From the first quarter of the current fiscal year, the newly established ゼノマックスジャパン株式会社 was included in the scope of application of the equity method.」

「During the first quarter of the current consolidated fiscal year, ナガセ総合サービス株式会社, formerly a consolidated subsidiary, ceased to exist as a result of an absorption-type merger, with 長瀬ビジネスエキスパート株式会社, a consolidated subsidiary, as the surviving company (merger date: 1 April 2018), and was therefore excluded from the scope of consolidation.」

「From the beginning of the current fiscal year, INKRON LIMITED, its subsidiaries Inkron Oy and Inkron Technologies GmbH, 大泰化工㈱ and Fitz Chem LLC were included in the scope of consolidation following the acquisition of shares. During the current fiscal year, ラウディ㈱ and 川合肥料㈱ were excluded from the scope of consolidation following the sale of their shares, 厦門長瀬貿易有限公司 was excluded because its materiality had declined.」

「During the third quarter of the current fiscal year, ラウディ株式会社 was excluded from the scope of consolidation following the sale of its shares.」

「During the second quarter of the current fiscal year, 大泰化工株式会社 and Fitz Chem LLC were included in the scope of consolidation following the acquisition of shares.」

「During the first quarter of the current fiscal year, following the acquisition of shares in INKRON LIMITED, a total of 3 companies, including its subsidiaries Inkron Oy and Inkron Technologies GmbH, were included in the scope of consolidation.」

「During the current fiscal year, Nagase FineChem Singapore(Pte)Ltd. was excluded from the scope of consolidation following the sale of its shares. During the current fiscal year, 日本ヴォパック㈱ and Majend Makcs Co.,Ltd. were excluded from the scope of application of the equity method following the sale of their shares, オンファイン㈱ and PT.TUNE Manufacturing Indonesia were excluded because their materiality had declined, and TIMLE S.A.DE C.V. was excluded following its dissolution through a merger by absorption.」

「During the third quarter of the current fiscal year, Majend Makcs Co.,Ltd. was excluded from the scope of application of the equity method following the sale of its shares.」

「During the first quarter of the current fiscal year, Nagase FineChem Singapore(Pte)Ltd. was excluded from the scope of consolidation following the sale of its shares. During the first quarter of the current fiscal year, 日本ヴォパック㈱ was also excluded from the scope of application of the equity method following the sale of its shares.」

「During the first quarter of the current fiscal year, Nagase FineChem Singapore(Pte)Ltd. was excluded from the scope of consolidation following the sale of its shares. During the first quarter of the current fiscal year, 日本ヴォパック(株) was also excluded from the scope of application of the equity method following the sale of its shares.」