Nidec Corporation Completed Procedure Required under Order for Enforcement of the German Foreign Economic Law (Foreign Investment Regulations) 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 announces that, on March 11, 2025 (Germany time), the Company has obtained from the German Federal Ministry for Economic Affairs and Climate Actionits approval under the Order for Enforcement of the German Foreign Economic Law (Foreign Investment Regulations) – one of the permits and approvals for this case required for a series of transactions 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 the other procedures required under applicable laws and regulations regarding merger control and foreign investment restriction for other jurisdictions once such procedures have been completed.

(Reference) The expected completion dates (tentative) are as follows: