Nitta Withdraws Shareholder Proposal for Director Nomination

TOKYO, Jun 23 (Pulse News Wire) – Nitta Corporation (5186.T) announced today that it received notice from the shareholder Dalton Kizuna (Master) Fund LP requesting the withdrawal of part of its proposal for the upcoming 97th Ordinary General Meeting of Shareholders scheduled for May 8, 2026. Specifically, the proposal related to the nomination of one director (Proposal No.

5) was withdrawn. In response, the board of directors convened an extraordinary meeting and approved the withdrawal request.

As such, while Proposal No. 5 remains listed in the notices, votes cast on this proposal will not be counted during the tallying process.

This decision ensures transparency and adherence to established procedures despite the last-minute changes to the agenda.