Date: May 30, 2023
(Revision) Partial Revision to “Notice Regarding Disposal of Treasury Stock as
Restricted Stock Remunerationand and Disposal of Treasury Stock as Performancebased Stock Remuneration”
NIKON CORPORATION (“Company”) hereby announces that there were misstatements
in a part of the “Notice Regarding Disposal of Treasury Stock as Restricted StockRemunerationand and Disposal of Treasury Stock as Performance-based StockRemuneration” announced on May 19, 2023, and revisions are made as outlined below.
The revised parts are underlined.
Revision 1
1.Overview of Disposal
remuneration](1) [Details of disposal of treasury stock as restricted stock(Before revision)(1)(2)

Disposal date
Type and number of shares to be disposedofJune 19, 2023
131,083 shares of common stock of the Company(3)

Disposal price

1,540 yen per share(4)

Total amount of shares to be disposed of

201,867,820 yen
3 Directors other than those who are Audit and Supervisory
Committee Members (excluding External Directors, otherNon-executive Directors, and non-residents of Japan),(5)Planned allottees

39,330 shares
17 Officers (including Executive Fellows and otherpositions equivalent to Officer and excluding non-residentsof Japan),
91,753 shares
The Disposal of Treasury Stock (I) is conditional upon the(6)Othereffectuation of the securities registration statement filed inaccordance with the Financial Instruments and ExchangeAct.

(After revision)(1) Disposal date
(2)

Type and number of shares to be disposedofJune 19, 2023
131,527 shares of common stock of the Company(3) Disposal price

1,540 yen per share(4) Total amount of shares to be disposed of

202,551,580 yen
3 Directors other than those who are Audit and SupervisoryCommittee Members (excluding External Directors, otherNon-executive Directors, and non-residents of Japan),(5) Planned allottees

39,330 shares
17 Officers (including Executive Fellows and otherpositions equivalent to Officer and excluding non-residentsof Japan),
92,197 shares
The Disposal of Treasury Stock (I) is conditional upon the(6) Other

effectuation of the securities registration statement filed inaccordance with the Financial Instruments and Exchange
Act.

Revision 2
2. Purpose of and reason for Disposal third paragraph(Before revision)(Omitted)
Restricted Shares subject to the Disposal of Treasury Stock (I) shall be delivered through the disposal oftreasury stock by having Eligible Directors, etc. make an in-kind contribution of monetary compensation
claims granted to them as the property to be contributed. This time, the Company has decided to grantmonetary compensation claims totaling 201,867,820 yen and Restricted Shares totaling 131,083 shares toEligible Directors, etc., who are the planned allottees, under the System I. The amount of monetarycompensation claims and the number of Restricted Shares to be granted to each of Eligible Directors, etc.
under the System I have been determined by the Board of Directors by taking comprehensively into accountvarious circumstances, such as his/her title, content of duties, and responsibilities based on the results ofdeliberations by the Compensation Committee, in accordance with the calculation method specified in (c)in Outline of System I below.

(After revision)(Omitted)
Restricted Shares subject to the Disposal of Treasury Stock (I) shall be delivered through the disposal oftreasury stock by having Eligible Directors, etc. make an in-kind contribution of monetary compensation
claims granted to them as the property to be contributed. This time, the Company has decided to grantmonetary compensation claims totaling 202,551,580 yen and Restricted Shares totaling 131,527 shares toEligible Directors, etc., who are the planned allottees, under the System I. The amount of monetarycompensation claims and the number of Restricted Shares to be granted to each of Eligible Directors, etc.
under the System I have been determined by the Board of Directors by taking comprehensively into accountvarious circumstances, such as his/her title, content of duties, and responsibilities based on the results ofdeliberations by the Compensation Committee, in accordance with the calculation method specified in (c)in Outline of System I below.

End