News Release: Ferrotec Holdings Corporation(6890 TSE Standard)
April 3, 2023

Notice of the Acquisition of Cosmo Science Inc., a Contract Manufacturer of Vacuum Equipment
Ferrotec Holdings Corporation (Representative Director: He Xian Han; hereinafter “the Company”) announces that on,
March 16, we concluded a contract for acquiring 100% of the shares of Cosmo Science Inc. (Headquarters: Hiratsuka City,Kanagawa Prefecture; Representative Director: Akinori Matsuo; hereinafter “Cosmo Science”), a contract manufacturer ofvacuum equipment for semiconductor and FPD manufacturing equipment manufacturers, through our consolidated
subsidiary, Ferrotec Material Technologies Corporation (Representative Director: Naoyasu Yorita; hereinafter “FTMT”), andcompleted the acquisition of said shares on April 3.
1. Purpose of this transaction
As a core product in the semiconductor equipment-related business segment, the Company manufactures vacuum
feedthroughs for semiconductor manufacturing equipment at FTMT and the subsidiaries of the Company in the United States,
China, and other countries, and has occupied a top-class global market share. In addition, the Company undertakes thebusiness of undertaking the processing of metal for vacuum chambers, robot parts and other products for semiconductor
manufacturing equipment, mainly at the subsidiaries of the Company in China and the United States. From the viewpoint offurther growth and the dispersion of geopolitical risks, the Company has been planning the “reshoring manufacturing to Japan.”
Under such circumstances, the Company has an urgent need to improve our production capacity, development capabilities,
and technological capabilities in Japan, in response to increasing demand in the metal processing business for semiconductor
manufacturing equipment.
Cosmo Science is a contract manufacturer of vacuum equipment for semiconductor and FPD manufacturing equipment
manufacturers, and is highly evaluated by its customers for its technology in vacuum equipment design, metal processing andassembly. Through this acquisition, the Company aims to strengthen our metal processing business for semiconductor
equipment in Japan, and by linking it with our global sales network and production bases, the Company will aggressively capture
the demand for contract metal processing services for semiconductor manufacturing equipment, which is expected to grow,with the aim to grow our semiconductor equipment-related business and improve our corporate value.
2. Overview of the acquired company
(1)

Name

Cosmo Science Inc.

(2)

Address

7-3-10 Shinomiya, Hiratsuka City, Kanagawa Prefecture(3)

Title and name of(4)Contents of businessAkinori Matsuo, Representative Director

representative
1. Design, processing, assembly, wiring, repair and sale of vacuum machinery
2. Development, design, manufacturing and sale of computer software andhardware
3. Steel structure processing
4. Development, design, manufacturing and sale of semiconductor
manufacturing equipment, etc.
(5)

Capital(6)Date of establishment

December 12, 1984

(7)

Major shareholders andAkinori Matsuo: 70%

shareholding ratio

Kishiko Matsuo: 30%(8)

10 million yen

Relationship between Cosmo

Capital relationshipNothing is applicable.

Science and the Company

Personnel relationshipNothing is applicable.

Business relationshipNothing is applicable.

3. Overview of FTMT
(1)

Name

Ferrotec Material Technologies Corporation (FTMT)(2)

Address

2-3-4 Nihonbashi, Chuo City, Tokyo(3)

Title and name ofNaoyasu Yorita, Representative Director

News Release: Ferrotec Holdings Corporation(6890 TSE Standard)

representative(4)

Contents of business

Manufacture and sale of semiconductor equipment-related products,(5)

Capital

485.5 million yen(6)Date of establishment

December 1, 1989

(7)

Major shareholder andFerrotec Holdings Corporation: 100%(8)

Relationship between FTMTelectronic devices, etc.

shareholding ratio
Capital relationshipand the Company

A wholly-owned consolidated subsidiary of theCompany

Personnel relationshipA director of the Company concurrently serves asa director of the subsidiary.

Business relationship

Purchase agency business, debt guarantee andlending of funds

4. Percentage of equity interest acquired and status of equity held before and after the acquisition(1)

Capital contribution andshareholding ratio before thetransfer(2)0 yen/0.0%(Number of voting rights: 0)(Voting right ownership ratio: 0%)

Capital contribution and

10 million yen/100%

shareholding ratio after the(Number of voting rights: 200)transfer(Voting right ownership ratio: 100%)

Note: The acquisition cost of the equity interest will not be disclosed based on discussions with the counterparty. However,in calculating the acquisition value, appropriate due diligence was conducted by a third-party organization and a reasonableamount was calculated and determined through mutual consultation.
5. Future outlook
The impact on the business performance in this fiscal year through this matter is expected to be minor. However, we willpromptly disclose relevant items as soon as they are confirmed.