July 29, 2016
For Immediate Release
Company Name:
Representative:
Securities Code:Contact:(Tel.

Kurita Water Industries Ltd.
Michiya Kadota, President & CEO
6370, First Section of TSE
Hiroaki Mori,
General Manager of Corporate
Planning Department,
Corporate Planning Division+81-3-6743-5336 )Announcement of the Decision Regarding the Details of the Acquisition Method of the Company’s
Shares by Trust Pertaining to the Performance-linked Stock Compensation Plan
Kurita Water Industries Ltd. (“the Company”) announces that a meeting of its Board of Directors held
today made a decision regarding the details of the acquisition method of the Company’s shares by trust
pertaining to the performance-linked stock compensation plan (“the Plan”) for the Company’s Directors(excluding external Directors, hereinafter the same). Details are as follows.
1. Overview of the Stock Distribution Trust for Officers (“the Trust”)(1) Name

Stock Distribution Trust for Officers(2) Settlor

Kurita Water Industries Ltd.

(3) Trustee

Sumitomo Mitsui Trust Bank, Limited (tentative)(Re-trustee: Japan Trustee Services Bank, Ltd.) (tentative)(4) Beneficiaries

Directors of Kurita Water Industries Ltd. meeting beneficiary
requirements(5) Trust Administrator

The Company selects a third party who does not hold a stake in theCompany(6) Type of trust

Trust of money other than money trust (third-party-benefit trust)(7) Conclusion date forAugust 4, 2016 (tentative)

the Trust Agreement(8) Date of money

August 4, 2016 (tentative)

entrustment(9) Date of termination

August 3, 2021 (tentative)of the Trust
2. Details of acquisition of the Company’s shares in the Trust(1) Type of shares to be acquired(2) Amount to be entrusted as funds toacquire shares

Shares of common stock
780,000,000 yen (maximum)

(3) Total number of shares to be acquired

400,000 shares (maximum)(4) Acquisition method of shares

Acquire from the market of a financial instruments
exchange(5) Acquisition period of shares

August 4, 2016 to September 27, 2016

(Reference)
Date of institutional decision pertaining to the introduction of the Plan
1. Date of resolution on the introduction of the Plan at a Board of Directors meeting April 28, 2016
2. Date of resolution at the 80th Annual Meeting of Shareholders
June 29, 2016
*For other matters related to the Plan, please refer to <Structure of the Scheme> on this page andthe “Announcement of the Introduction of a Performance-linked Stock Compensation Plan forDirectors” released on May 6, 2016.
<Structure of the Scheme>[Settlor](2) Creation of trust (third-party-benefit trust) (money trust)

Kurita Water Industries Ltd.

Stock market(3) Purchase price[Trustee] (Tentative)

Sumitomo Mitsui Trust Bank, Limited(Re-trustee: Japan Trustee Services Bank, Ltd.)(5) Grantingof points(1) Establishment ofstock distribution
regulations

Shares of common
stock of the CompanyMoney(4) Instruction not toexercise voting rights(3) Purchase of shares(6) Sale of shares(6) Sale proceeds(6) Shares or money

Trust Administrator[Beneficiaries](Note) Dotted lines denote the movements of shares.

Directors(1) The Board of Directors of the Company will establish Stock Distribution Regulations
intended for its Directors.
(2) The Company will create a stock distribution trust (third-party-benefit trust) for Directors as
Beneficiaries (such trust will be hereinafter referred to as “the Trust”). When doing so, theCompany will entrust the amount of money (limited to an amount within the purview
approved by the Shareholders’ Meeting) equivalent to that for the fund for acquiring sharesto the Trustee.
(3) The Trustee will acquire, in one lump, a sufficient enough number of shares of common
stock of the Company that are expected to be distributed in future.
(4) Throughout the period of the Trust, the Company will appoint a Trust Administrator (to belimited to be a party independent of the Company and its Directors and Corporate Auditors)
who is responsible for protecting the interests of the Beneficiaries who are covered by theStock Distribution Regulations and supervising the Trustee. Throughout the period of theTrust, the Trust Administrator will give instructions not to exercise any voting rights
associated with the shares of common stock of the Company kept within the Trust.
(5) Pursuant to the Stock Distribution Regulations, the Company will grant points to Directors.

(6) The Directors fulfilling requirements prescribed in the Stock Distribution Regulation and theTrust Agreement will receive, as Beneficiaries of the Trust, a distribution of shares ofcommon stock of the Company equivalent to the cumulative number of points from theTrustee. In certain specific cases set forth in advance in the Stock Distribution Regulations
and the Trust Agreement, the Company will sell part of the distributable shares kept within
the Trust in the stock market and distribute money.
(7) Of the residual property left within the Trust at the time of termination of the Trust, pursuant
to the provisions of the Stock Distribution Regulations and the Trust Agreement, theCompany plans to donate a certain amount of residual cash to specified public-service
promotion corporations bearing no stake in the Company and its Directors and Corporate
Auditors.
If Sumitomo Mitsui Trust Bank, Limited becomes the trustee in the Plan, the Company plans
to delegate (re-trust) the management of trust assets to Japan Trustee Services Bank, Ltd.