News Release (6409 TSE)

June 3, 2022

Company

KITO CORPORATION

President and CEO

Yoshio Kito

Identification Code

6409 (TSE Prime)

Contact

Shigeki Osozawa

Managing Director

Chief Financial Officer

TEL: +81-(0)3-5908-0161

Notice Concerning Change in Major Shareholder

KITO CORPORATION (TSE:6409) announces the following change in its major sharehohlder as of May 26, 2022.

1. Background of the change

The shareholder listed below submitted the Large Shareholding Report to Kanto Local Finance Bureau today June 2nd and Kito Corporation (the Company) confirmed the changes in its major shareholders.

2. Outline of change in major sshareholder

(1)

Name

TADRANA Management und Asset GmbH

(2)

Address

Vienna, Austria

(3)

Representative

Ägyd Pengg, Managing Director

(4)

Business

1. Investment management

2. Capital participation in, and management of, foreign and domestic businesses of manufacturinfg and sales of metal products

3. Number of voting rights held by the major shareholder

Number of voting rights

Percentage of the number of

Shareholder

(Number of shares held)

vorting rights of all shareholders

rank

Before change

19,166

9.31

As of April 25, 2022

1,916,600 shares

After change

21,271

10.33

As of May 26, 2022

2,127,100 shares

Notes:

  1. Percentage of the number of voting rights of all shareholders is calculated using voting rights of all shareholders, which excludes 474,000 shares with no voting right from total issued shares of 21,048,200 as of March 31, 2022.
  2. Percentage of the number of voting rights of all shareholders is rounded off to two decimal places.

1

News Release (6409 TSE)

  1. The above is based on the Large Shareholding Report (Report of Change) submitted by the shareholder. The Company has not confirmed the actual number of shares under the shareholder's name. Shareholder rank has also not been confirmed, and is thus not included.

4. Outlook

This change in ownership status of a major shareholder is based on the Large Shareholding Report (Report of Change), and as such there will be no impact on the Company's outlook that should be noted.

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Disclaimer

KITO Corporation published this content on 03 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 June 2022 01:51:01 UTC.