Notice regarding Nidec’s Receipt of Second Request Letter from Special Committee of Makino Milling Machine Co., Ltd. (Securities Code: 6135)

As explained in the press release, “Notice Regarding Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135),” dated December 27, 2024, Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”), as part of a series of transactions (the “Transaction”) for the purpose of making Makino Milling Machine Co., Ltd. (listed on Tokyo Stock Exchange Inc.’s Prime Market) (the “Target Company”) a wholly owned subsidiary of the Company, decided to acquire the shares of common stock of the Target Company through a tender offer, and on the same day submitted to it a letter of intent regarding the Transaction.

In relation to the aforementioned events, in response to the “Request Regarding the Planned Commencement Timing and Number of Shares to Be Acquired in the Tender Offer,” a document dated January 15, 2025 that Nidec received from the Special Committee of the Target Company, the Company submitted a document, “Regarding the Request Letter from the Special Committee of Makino Milling Machine Co., Ltd. (Securities Code: 6135),” dated January 17 to the Special Committee of the Target Company to explain Nidec’s recognition and understanding of the request letter. Nidec received another document, “Understanding on Your Company’s Letter dated January 17, 2025 and Our Second Request” (the “Second Request Letter”), dated January 22, from the Special Committee of the Target Company.

The Company intends to sincerely examine and respond to the Second Request Letter