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Investor Presentaiton

Timeline to the Japan Fair Trade Commission ruling Textile product (KURALON™) Competitive bidding for textile products ordered by the Acquisition, Technology & Logistics Agency Leniency application Mar 2016 On-site inspection 2016 Activated Carbon Manufacture and sales of activated carbon used in water purification facilities, waste incineration facilities, etc. Mar 2017 Cease and desist order penalty waived by leniency application Apr 2017 Officers' compensation voluntarily returned kuraray 2017 2018 2019 Jan 2017 Merged with Kuraray Chemical Feb 2017 On-site inspection Leniency application Mar 2018 Acquired Calgon Carbon Nov 2019 Cease and desist order and penalty issued to Kuraray and CCJ Amount: approximately 70 million JPY (reduced by 30%) Dec 2019 Officers' compensation Voluntarily returned CCJ = Calgon Carbon Japan 29
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