2029 Shoei Announces Share Transfer of Yodogawa Shoei (Hefei) to Hebei Xinjinwanli

Announcement Date: June 27, 115 Statement Date: June 26, 115 Statement Time: 12:00:26 Company Code: 2029 Company Name: Shoei Subject: Announcement on behalf of parent company Yodogawa Steel Corporation regarding the signing of a share transfer agreement with Hebei Xinjinwanli New Material Technology Co., Ltd. Applicable Clause: Clause 10 Factual Date: June 26, 115

Details: 1. Factual Date: 6/26/115 2. Counterparty to Contract or Commitment: Hebei Xinjinwanli New Material Technology Co., Ltd. 3. Relationship with Company: None 4. Contract or Commitment Period (or Termination Date): 6/26/115 ~ 12/25/115 5. Main Content (not applicable if terminated): Transfer of 95% equity interest in Yodogawa Shoei (Hefei) High-Tech Steel Plate Co., Ltd. (transfer price: RMB 232,750,000) to Hebei Xinjinwanli New Material Technology Co., Ltd., with Yodogawa Steel Corporation transferring 74.0909% (transfer price: RMB 181,522,705) and the Company transferring 20.9091% (transfer price: RMB 51,227,295). 6. Restrictive Clauses (not applicable if terminated): As stipulated in the contract. 7. Commitment Matters (not applicable if terminated): As stipulated in the contract. 8. Other Important Agreements (not applicable if terminated): As stipulated in the contract. 9. Impact on Company's Financials and Operations: No significant impact on the Company's financials or operations. 10. Specific Purpose: To select and concentrate management resources for overseas operations, further enhancing corporate value through the share transfer transaction. 11. Other Matters to be Disclosed (if the entity involved in the event or resolution is a publicly listed company or above, this material information also qualifies under Article 7, Paragraph 8 of the Enforcement Rules of the Securities Trading Act as a matter significantly affecting shareholders' rights or securities prices): None