For the press

December 26, 2023
Ferrotec Material Technologies Corporation

Ferrotec Material Technologies Corporationholds a ground-breaking ceremony for purifying the construction sitefor a new factory in Kawakita Town, Nomi District, Ishikawa Prefecture
on Monday, December 25
To build a new factory named “Ishikawa Plant No. 3” in order to manufacture more fine ceramics
as parts of semiconductor manufacturing equipment(The operation of the plant is scheduled to be started in the first half of 2025.)
Ferrotec Material Technologies Corporation (located in Chuo City, Tokyo/Representative: Takeru Yamamura), a Japanesebusiness company in the Ferrotec Group, plans to construct “Ishikawa Plant No. 3” in Kawakita Town, Nomi District, IshikawaPrefecture, in order to establish a mass-production system covering the processes for the production of materials, processing andassembly of high-purity fine ceramics as parts of semiconductor manufacturing equipment. On Monday, December 25, 2023, we helda ground-breaking ceremony for purifying the construction site (200-1 Santanda, Kawakita Town, Nomi District, Ishikawa Prefecture),as described below.

[Representative Director and President Takeru Yamamura at the ground-breaking ceremony]On that day, the ceremony was attended by about 40 people, including Representative Director and President Takeru Yamamura,
related staff of the company, officials of Ishikawa Prefecture, staff of Kawakita Town and Santanda City, employees of design andconstruction companies, and reporters related to the media, to pray for safety in construction.

■Outline of the construction
Location of construction: 200-1 Santanda, Kawakita Town, Nomi District, Ishikawa Prefecture

Site area: 30,000 m2

Total floor area

: 13,192.44 m2 (scheduled)Start of construction: November 2023

Start of operation: First half of 2025 (scheduled)■Primary purpose of the construction of “Ishikawa Plant No. 3”
At present, Ishikawa Plant No. 1 manufactures mainly parts of equipment for manufacturing semiconductors and liquid crystal,
testing tools, etc. as a factory for the production of materials and processing of machinable ceramics. Ishikawa Plant No. 2 functions
as a factory for mass-producing more materials for machinable ceramics and processing high-purity fine ceramics as parts ofsemiconductor manufacturing equipment. Ishikawa Plant No. 3 will be constructed while considering the roles and functions ofIshikawa Plant No. 1 and Ishikawa Plant No. 2, for the purpose of establishing a large-scale manufacturing system covering theprocesses for the production of materials, processing and assembly of high-purity fine ceramics as parts of semiconductor
manufacturing equipment.

[Drawing of the completed Ishikawa Plant No. 3]■Characteristics of our ceramic products
We have various line-ups of high-purity fine ceramics and machinable ceramics. They are mainly used by manufacturers
involved in semiconductor manufacturing equipment and parts. Our fine ceramics have advanced functionality which satisfies thestrict specifications of our customers. Our machinable ceramics realize deliveries in a short period of time by providing machineprocessing in a one-stop service in addition to materials manufacturing. Our ceramics have been adopted in the medical, inspection,analytical instrument and other growth fields recently. We also expand demand to grow in non-semiconductor fields.
To understand the ceramics of Ferrotec in 90 minutes (YouTube video)
https://youtu.be/3yukzHpAlbc?si=kiZZN0evM3idYjvl

Considering the trend of the semiconductor market, which is expected to grow in the medium/long term, our company willcontinue the investment in R&D and mass production for expanding our production capacity in cooperation with Ferrotec Holdings,
which is our parent company.

■Company profile
Company name: Ferrotec Material Technologies Corporation

Representative: Takeru Yamamura, Representative Director and President

Address: 5th Floor of Nihonbashi Plaza Building 2-3-4, Nihonbashi, Chuo City, Tokyo 103-0027

Date of: December 1, 1989

establishment
Contents of

1. Manufacture and sale of semiconductor equipment-related products (vacuum feedthroughs, quartz

businessproducts, fine ceramics products, CVD-SiC products, machinable ceramics, etc.)
2. Manufacture and sale of electronic device products (ferrofluid and thermo-electric modules)
3. Manufacture and sale of automotive-related products

Capital: 485.5 million yen

URL: https://ft-mt.co.jp/

■Ferrotec GroupOur group, with Ferrotec Holdings Corporation, which was founded in 1980, as our parent company, is a global company
involved in the parts business in the high-tech field focused on the semiconductor market.
Website of Ferrotec Holdings Corporation: https://www.ferrotec.co.jp/[Inquiries about this press release]
Ferrotec Material Technologies Corporation
Staff in charge of public relations: Michino
TEL: 03-3516-0800
FAX: 03-3516-0801
E-MAIL: info-pr@ft-mt.co.jp