Nidec Corporation Completed Procedure Required under Italian Legislative Decree No. 21/2012 regarding Tender Offer Bid for Makino Milling Machine Co., Ltd. (Securities Code: 6135)

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) hereby announcesthat, on February 27, 2025 (Italy time), the Company has obtained from the Italian Prime Minister's Office an unconditional approval under Italian Legislative Decree No. 21/2012 (Foreign Investment Regulations) – one of the permits and approvals for this case required for a series oftransactions for the purpose of making Makino Milling Machine Co., Ltd. (listed on Tokyo Stock Exchange, Inc.’s Prime Market) a wholly owned subsidiary of Nidec, meaning that the procedure has been completed as so explained in advance in the Company’s press release, “Notice Regarding Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135),” issued on December 27, 2024.We will promptly announce the completion of theotherprocedures required under applicable laws and regulations regarding merger control and foreign investment restriction for other jurisdictions once such procedures have been completed.