2024-08-27

News Release Management & Finance Wood, building materials, civil engineering construction

About the transfer of shares of Daishowa Uniboard Co., Ltd.

Nippon Paper Industries Co.,Ltd.

Nippon Paper Industries Co.,Ltd. (head office : Chiyoda-ku, Tokyo,President and Representative Director: Toru Nozawa, hereinafter referred to as"the Company”) announced that A&A Materials Co. , Ltd. (head office : Yokohama City, Kanagawa Prefecture,President and Representative Director: Toru Makino, hereinafter referred to as "A&A Materials") and the Company consolidated subsidiary, Daishowa Uniboard Co., Ltd. (head office : Iwanuma City, Miyagi Prefecture,President and Representative Director: Makoto Sekine, hereinafter referred to as"Daishowa Uniboard" We are pleased to announce that we have agreed to transfer all of our shares and have signed a share transfer agreement today. The execution date of the share transfer is scheduled for October 1, 2024.

(Reason for Share Transfer)

Since Daishowa Uniboard began operation in 1973 for the purpose of effective use of wood resources and the development and supply of new Buildimg Material, it has been providing low-pressure melamine veneer with excellent robustness and lowenvironmental burden"Uniboard" We continue to steadily expand product sales, mainly for manufacturers of housing, construction, and interior decoration. Since we are in a market environment where structural demand is expected to decline in the future, such as a declining population, we have implemented measures for business growth, such as developing new demand.

In addition, the Group is promoting "Acceleration of business structure transformation" in theMedium-Term Business Plan 2025based on the basic policy of "Shifting management resources to growth businesses" set forth in the 2030VISION.

Under these circumstances, the transfer of shares to A&A Materials, which has high technology in the manufacture of non-combustible building materials and a wide range of sales channels, is expected to create a synergistic effect of further strengthening the business and expanding thethe Group of the business of Daishowa Uniboard. We reached an agreement based on the judgment that it is the best choice that will contribute to the sustainable development of the Daishowa Uniboard and the A&A Materials Group.

With the realization of this project,the Companywill further accelerate the transformation of our business structure transformation by concentrating management resource.

■Overview of the Showa Uniboard

(1) Name	Daishowa Uniboard Co., Ltd.
(2) Location	Miyagi Iwanuma City character Fukiage Nishi 111
(3) Title and name of the representative	President and Representative Director Makoto Sekine
(4) Business content	Manufacture, processing, and sales of low-pressure melamine veneer,Buildimg Material, furniture materials, etc.
(5) Capital	490 million yen
(6) Number of employees	76 (as of March 31, 2024)
(7) Date of establishment	April 2002
(8) Major shareholders and shareholding ratios	the Company100%

■Overview of A&A Materials

(1) Name	A&A Materials Inc.
(2) Location	Kanagawa Prefecture Yokohama City Tsurumi Ward Tsurumi Chuo 2-5-5
(3) Title and name of the representative	President and Representative Director President Toru Makino
(4) Business content	Manufacture, sales and construction of non-combustible building materials, etc.
(5) Capital	3,889 million yen
(6) Number of employees	838 (consolidated as of March 31, 2024)
(7) Date of establishment	March 1924
(8) Major shareholders and shareholding ratios (As of March 31, 2024)	Pacific Cement Co., Ltd.	42.42％
	Meiji Yasuda Life Insurance Company	2.98％
	Master Trust Bank of Japan Co., Ltd.	2.92％
	INTERACTIVE BROKERS LLC	2.10％
	A&A Materials Employee Stock Ownership Association	1.61％
	Bank of Japan Custody Co., Ltd. (Trust E)	1.25％
	Bank of Japan Custody Co., Ltd. (Trust Account 4)	1.25％
	Fuji Shokai Co., Ltd.	1.10％
	Fuji Shokai Co., Ltd.	1.03％
	Sumitomo Mitsui Banking Corporation	0.97％

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