Investor Presentaiton

Timeline of fire incident at US subsidiary Impact to business Incident investigation begins FY2018 Litigation related May: Fire occurred at U.S. EVAL plant 2Q: No impact to business due to inventory Modification to safety facilities 3Q: Sales adjustment for food application in Americas Sep/Late: Main production lines resumed 4Q: Supply gradually recovered Nov/End: Affected production line resumed Production resumed to normal condition FY2019 Cost of facility repair and safety measures: Facility repair costs: minimal (several million JPY) Safety measures costs: approximately 300 million JPY Review of safety design and horizontal deployment: approximately 70 million JPY Civil lawsuit raised Plaintiff: Over 160 outside contractors Claim Damages for physical and psychological injury Oct: Settled with partial plaintiffs and reported extraordinary loss Settlement: approximately 10 billion JPY (92 million USD); Reported 14 billion JPY extraordinary loss including above settlement Nov: Reported additional extraordinary loss Reported 34 billion JPY loss (over 140 plaintiffs). FY2020 Jan: Settled with partial plaintiffs Settlement: approximately 28.9 billion JPY (265 million USD). Settlement negotiations ongoing kuraray 32

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