January 20, 2023

To all parties concerned
Company:

Nikon Corporation

Representative:

Toshikazu Umatate,
Representative Director and President
7731 (Tokyo Stock Exchange Prime Section)

Code:Contact:

Tetsuya Okumura, General Manager,
Finance and Accounting Division(tel. 03-6433-3626)

Notice of Implementation of Settlement relating to Public Takeover Offerfor Shares of SLM and SLM becoming a Consolidated Subsidiary of Nikon
As Nikon Corporation (“Nikon”) announced in the “Announcement of the Subscription to a Capital Increaseof New Shares and Decision to Submit a Public Takeover Offer for Shares of SLM, based in Germany”
dated September 2, 2022, Nikon implemented a public takeover offer through its fully owned subsidiary andspecial purpose company against holders of no-par value bearer shares of SLM Solutions Group AG(“SLM”) (the “Takeover Offer”) accompanied by a public offer to the holders of certain convertible bonds
issued by SLM (the “Bonds Offer”). Nikon hereby announces that 21,105,718 shares and 42,712 convertible
bonds have been tendered, and since foreign investment control clearance have been obtained in all of thecountries in which Nikon filed notifications, Nikon will implement the settlement of the Takeover Offer andthe Bonds Offer within 5 bank business days from today (at latest, January 27, 2023). Upon completion ofthe settlement, SLM and its subsidiary companies will become Nikon’s consolidated subsidiaries.
1. Overview of SLM
The overview of SLM is as follows.
[1] Name[2] Location[3] Name and Title ofRepresentatives

SLM Solutions Group AG
Germany
CEO: Sam O’Leary
CFO: Dirk Ackermann
CCO: Charles Grace
Manufacturing and sales of metal 3D printers (additive manufacturing)
EUR 22,750,010.00
1996
Frankfurt Stock Exchange
Elliott International, L.P.: 21.7%
ENA Investment Capital LLP: 17.5%[4] Type of business[5] Amount of capital[6] Date of foundation[7] Listed market[8] Major Shareholders
and Shareholding
Ratio* (as at December
31, 2021)[9] RelationshipN/Abetween the Company
and SLM[10] Consolidated operating results and consolidated financial position for the last three years(Unit: thousand EUR)FY Ending:December 2019
December 2020
December 2021
Total equity
44,514
15,76832,671
Total assets
136,637
126,247
149,036Total output
48,962
61,75975,115
EBITDA**(26,001)(14,781)(8,597)
EBIT***(34,660)(23,394)(16,295)
Net profit (loss)(47,055)(30,252)(20,375)
EPS****(in EUR)
(2.38)(1.53)(0.90)

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Note: Data sourced from SLM annual reports* Calculated based on the number of issued shares as of December 31, 2021** EBITDA = Earnings before interest, taxes, depreciation, and amortization*** EBIT = Earnings before interest and taxes**** Calculated based on the number of issued shares at the end of each fiscal period

2. Changes in Shareholding Ratio
Before commencement of the Takeover Offer:
Upon completion of the Takeover Offer:
Date of settlement of the Takeover Offer andBonds Offer:

2,270,172 shares (voting ratio: 9.1%)
28,738,475 shares (voting ratio: 92.38%)
within 5 bank business days from today (at latest,January 27, 2023, in CET)3. Outlook
After the settlement of the Takeover Offer and the Bonds Offer, Nikon may consider whether to initiate,
cause, or procure a delisting of the listed SLM shares, to the extent commercially reasonable andpermissible under the market conditions. SLM’ management board has entered into an investment
agreement, whereby SLM is required to delist if requested by Nikon.
The impact of the Takeover Offer and the Bonds Offer on the earnings estimates for the fiscal year ending
March 2023 is currently being examined. Nikon will promptly disclose any revision to performance forecaststhat becomes necessary or any matter that should be disclosed.
About Nikon:
Nikon has been a pioneer in optical technology markets worldwide since its inception in 1917. Today, utilizing
advanced technologies, we offer a wide range of products and solutions from digital cameras and binoculars
to industrial precision equipment such as FPD and semiconductor lithography systems, microscopes andmeasuring instruments as well as products for the healthcare field. In the future, we will take advantage of
Nikon's core technologies to generate new core pillars of profit including the material processing business;
Nikon strives to be a leading company in precision and optics fields that realizes sustainable growth ofenterprise value in the medium- to long-term.
Nikon is a publicly traded company, headquartered in Japan, with offices around the world.
Further information is available at www.nikon.com.
About SLM:SLM Solutions is a global provider of integrated metal additive manufacturing solutions. Leading the industry
since its inception, it continues to drive the future of metal Additive Manufacturing in every major industry
with its customers’ long-term success at its core. SLM Solutions is home to the world’s fastest metal additive
manufacturing machines boasting up to 12 lasers and enabling build rates of up to 1000ccm/h. With aportfolio of systems to suit every customer's needs, along with its team of experts closely collaborating at
every stage of the process, SLM Solutions leads the way on return on investment with maximum efficiency,productivity, and profitability. SLM Solutions believes that additive manufacturing is the future ofmanufacturing and has the desire and capability to take its customers there – right now.
SLM Solutions is a publicly traded company headquartered in Germany, with offices in Canada, China,France, India, Italy, Japan, Singapore, South Korea, and the United States.
Further information is available on www.slm-solutions.com.

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Certain Disclaimers
This announcement is for information purposes only and does not constitute an invitation to make an offer
to sell SLM securities. This announcement does not constitute an offer to purchase SLM securities and is
not for the purposes of Nikon making any representations or entering into any other binding legalcommitments. Investors and holders of SLM securities are strongly advised to read the relevant documents
regarding the Takeover Offer and the Bonds Offer, when available, because they contain importantinformation. In addition, holders of SLM securities subject to the Takeover Offer and/or the Bonds Offer are
strongly recommended to seek independent advice in order to reach an informed decision in respect of thecontent of such offer documents and with regard to the Takeover Offer and/or the Bonds Offer.
The publication, sending, distribution or dissemination of this announcement in certain jurisdictions otherthan Germany and the United States may be governed by laws of jurisdictions other than Germany and theUnited States in which the publication, sending, distribution or dissemination are subject to legal restrictions.
Persons whose place of residence, incorporation, seat or habitual abode is not in Germany or the UnitedStates or who are for other reasons subject to the laws of other jurisdictions should inform themselves of,and observe, the laws of such other jurisdictions.
This announcement is not for release, publication or distribution, in whole or in part, in, into or from any
jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction.
Persons with place of residence, incorporation, seat or habitual abode in the United States, please read thefollowing:
The Takeover Offer and the Bonds Offer are being made for the securities of a non-U.S. company and will
be subject to the disclosure and procedural laws, standards and practices of jurisdictions other than theUnited States, although the Takeover Offer and the Bonds Offer will be made in reliance on, and compliancewith, Section 14(e) of the Exchange Act and Regulation 14E thereunder.
In some jurisdictions, publication or distribution of this announcement may be illegal or permitted only tocertain persons.
Forward-looking statements
This announcement contains forward-looking statements or statements that may be deemed to be forwardlooking statements with respect to Nikon, the Bidder and SLM. Statements other than historical facts
contained in this announcement may constitute forward-looking statements. Forward-looking statements
include "targets," "plans," "believes," "expects," "aims," "intends," "will," "may", "anticipates", "estimates","projects" and similar words and phrases, or the negative forms thereof. Forward-looking statements include(i) future capital expenditures, expenses, revenues, earnings, synergies, economic trends, indebtedness,financial condition, dividend policy, losses and projections; (ii) business and management strategies andthe potential synergies and business expansion and growth that the Takeover Offer and the Bonds Offer
may bring to Nikon, the Bidder, or SLM; and (iii) the impact of any governmental regulation on the businessof Nikon or SLM, including statements regarding the impact of such regulation on the business of the Nikonor SLM.
Forward-looking statements are subject to risks and uncertainties that may materially affect expected results
and are based on certain important assumptions. A number of factors could cause actual results to differ
materially from those assumed or implied in the forward-looking statements. In light of such uncertainties
and risks, you are cautioned not to place undue reliance on forward-looking statements, which are relevant
only as of the date they are made. Neither Nikon, the Bidder nor SLM undertakes any obligation to update
any forward-looking statements or other statements contained in this announcement, except as required byapplicable law.
None of the statements contained or referred to in this announcement are made as a profit forecast.
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