IBIDEN Co., Ltd. (Head Office: Ogaki City, Gifu Prefecture; President: Takeshi Aoki) announced in "Notice of Change in Consolidated Subsidiary (Transfer of Shares)" dated December 16, 2022, that it had resolved to transfer all shares of IBIDEN Electronics (Beijing) Co., Ltd., a consolidated subsidiary of IBIDEN. The approval of the relevant authorities has been obtained and the legally required procedures have been completed. IBIDEN hereby announces that this share transfer was completed on June 20, 2023. The impact of this share transfer on the forecast of consolidated financial results is negligible.

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