August 9, 2024

Notice Regarding a Merger Between Consolidated Subsidiaries and a Change to the Trade
Name of the Surviving CompanyAt the Board of Directors meeting held on August 9, 2024, STAR MICRONICS CO., LTD. (the “Company”)
resolved to implement an absorption-type merger (the “Merger”) between two of the Company’s Thailandbased subsidiaries involved in the Machine Tools business, Star Micronics Manufacturing (Thailand) Co., Ltd.
(“SMMT”), and Star Micronics (Thailand) Co., Ltd. (“SMTL”), with SMMT determined to be the surviving
company. At the same time, the Board resolved to change the trade name of SMMT as the surviving company
coinciding with the Merger. Brief details are presented as follows.
The Merger is to take place between two fully-owned consolidated subsidiaries of the Company, and will
therefore have no impact on forecast figures for the Company’s consolidated financial results. For this reason,certain disclosure items and details have been omitted.
1. Reason for the Merger
By merging SMMT, a machine tool manufacturing subsidiary located in Thailand, and SMTL, a sales subsidiarythat covers Thailand and Southeast Asia, the Company aims to enable more effective use of the Group’s overallmanagement resources, and to strengthen the management foundation through improved operational efficiency
and rationalization.
2. Summary of the Merger(1) Date of the Merger
The Merger is scheduled to take place on January 1, 2025 (effective date). In preparation for the Merger,
the relevant companies will hold extraordinary general meetings of shareholders and complete otherstatutory procedures.
(2) Method of the Merger
The Merger will take place as an absorption-type merger, where SMMT will be the surviving company
and SMTL will be the absorbed company.
(3) Details of allocations involved in the Merger
No stock or other monetary allocations will be made with respect to the Merger.
(4) Handling of stock acquisition rights and bonds with share acquisition rights coinciding with the Merger
Not applicable.

3. Overview of the Companies Involved in the Merger (as of August 9, 2024)
Surviving company
Name

Star Micronics Manufacturing

Absorbed company
Star Micronics (Thailand) Co., Ltd.

(Thailand) Co., Ltd.
Address

Representative name/title

Suranaree Industrial Zone, 888 Moo 6

26/72 MOO 7, KINGKAEW ROAD,Tambon Nongraving. Amphur Muang

T. RACHATHEWA, A. BANGPLEE,

NakhonRatchasima 30000, Thailand

SAMUTPRAKARN 10540, Thailand

Koji Sano, Representative Director

Fumio Masuda, Representative
Director

Business profile

Machine tool manufacturing

Machine tool sales

Date of establishment

February 2012

February 2005

Paid-in capital

400,000,000 Thai bahts

6,000,000 Thai bahts

Fiscal year end

December 31

December 31

Major shareholder andSTAR MICRONICS CO., LTD.

STAR MICRONICS CO., LTD.

shareholding ratio

100.0%

100.0%

4. Surviving Company Trade Name
New trade nameStar Micronics (Thailand) Co., Ltd. (provisional name)Trade name revision date

January 1, 2025 (scheduled)

5. Status after the Merger
Trade nameStar Micronics (Thailand) Co., Ltd. (provisional name)

Address

Suranaree Industrial Zone, 888 Moo 6 Tambon Nongraving. Amphur Muang
NakhonRatchasima 30000, Thailand

Representative name/title

Koji Sano, Representative Director

Business profile

Machine tool manufacturing and sales

Paid-in capital

400,000,000 Thai bahts

Fiscal year end

December 31

6. Future Outlook
The Merger will take place between two fully-owned subsidiaries of the Company, and will therefore haveno impact on the Company’s consolidated financial results.