July 16, 2024
FOR IMMEDIATE RELEASE

Company name: OSG Corporation
Representative: Nobuaki Osawa, President(Stock code:6136 Tokyo and Nagoya Stock Exchange)
Contact:
Yosuke Sakashita, Accounting Manager(TEL81-533-82-1113)
Notice Concerning Acquisition of Shares of Precision Tools Holding B.V. (to Make It a Sub-Subsidiary)by a Subsidiary of the Company
OSG Corporation (the “Company”) hereby announces that OSG Europe S.A. (Belgium), a consolidated subsidiaryof the Company, has entered into a share purchase agreement concerning share acquisition of Precision Tools Holding
B.V. (Netherlands) on July 12, 2024 (Netherlands local time).
1. Reason for acquisition of shares
One of the key measures in our mid-term management plan "Beyond the Limit" (covering the period from 2022to 2024) is the expansion in the micro-precision machining field. This M&A is a part of our efforts to develop new
customer segments in this field.
Contour Fine Tooling B.V., a subsidiary of Precision Tools Holding B.V., is a Netherlands based world-classmanufacturer of diamond tools for eyeglasses and intraocular lenses. The merger with Precision Tools Holding B.V.
will lead to the acquisition of new customer segments and the latest in diamond tool grinding technology.
With the acquisition of Precision Tools Holding B.V., the OSG Group will further expand sales in the field of
micro-precision machining and accelerate its global growth.
2. Overview of the subsidiary (OSG Europe S.A.) for share acquisition(1) Name
OSG Europe S.A.
(2) Location
Avenue Lavoisier 1, B-1300 Z.I. Wavre-Nord, Belgium
Name of representative and(3)Hideaki Osawa, President
job title(4) Description of businessHolding company(5) Share capital
83,940 thousand euros(6) Date of establishment
November 1997
Major shareholders and(7)The Company (OSG Corporation) 100%
ownership ratios

3. Overview of the sub-subsidiary (Precision Tools Holding B.V.) subject to change(1) Name
Precision Tools Holding B.V.
(2) Location
De Vest 1, 5555 XL Valkenswaard, the Netherlands
Name of representative and(3)Robert Cassin, CEO
job title(4) Description of businessHolding company(5) Share capital
18,160 euros(6) Date of establishment
May 1989
Major shareholders and(7)
DIAMOND TOOLS GROUP B.V. 100%
ownership ratios
Capital relationship
Not applicable.
Relationship between the(8)Personnel relationship
Not applicable.
Company and said company
Business relationship
Not applicable.
Consolidated net assets
25,851 thousand euros
Consolidated operating
results and consolidated
Consolidated total assets
28,841 thousand euros
financial positions of said
(9)Consolidated net sales
19,300 thousand euros
company for the latest fiscal
Consolidated operating profit
3,130 thousand euros
year (fiscal year ended
December 31, 2023)
Profit attributable to owners of parent
2,399 thousand euros* Precision Tools Holding B.V. is a holding company and has “Contour Fine Tooling B.V.” and 8 other companies.
4. Overview of the counterparty to the acquisition of shares
Overview of the counterparty to the acquisition of shares will not be disclosed due to an agreement with thecounterparty. There are no notifiable capital relationships, personal relationships and business relationships between
the Company and the counterparty.
5. Number of shares acquired, acquisition costs, and shareholding before and after acquisition
0 shares
Number of shares held(1)before the change(Ratio of voting rights held: 0%）
Number of shares to be(2)18,160 sharesacquired
Acquisition costs will not be disclosed due to an agreement with the(3) Acquisition costs
counterparty.
Number of shares held after 18,160 shares(4)
the change(Ratio of voting rights held: 100%)
6. Timetable
Date of conclusion of the(1)agreement
Date of commencement(2)of share transfer

July 12, 2024 (Netherlands local time)
July 23, 2024 (Scheduled)

7. Future outlook
The Company is currently assessing the impact of the share acquisition on consolidated financial results for the
fiscal year ending November 30, 2024 and will promptly disclose if forecast of consolidated financial results needs
to be revised.
(Reference) Forecast of Consolidated Results for FY2024 and Consolidated Results for FY2023
Net sales
Forecast ofconsolidated results(FY2024)
Consolidated results(FY2023)

Operating income

Ordinary income(Millions of yen)
Profit attributable toowners of parent

153,000

23,00023,00015,500147,703

19,80021,35014,307