Announcement on effective date of capital and business alliance between Kobe Steel and Miura involving Miura's acquisition of Kobelco Compressors' shares to form a joint venture

Kobe Steel, Ltd. and Miura Co., Ltd. announce that the two companies have decided on the effective date of the capital and business alliance between Kobe Steel and Miura involving Miura’s acquisition of the shares of Kobelco Compressors Corporation. The date had been pending since the change of date as announced in the Announcement on change of effective date of capital and business alliance between Kobe Steel and Miura involving Miura's acquisition of Kobelco Compressors' shares to form a joint venture as of September 30, 2021, but the two parties have reached an agreement on the commencement date of the capital and business alliance and signed today a memorandum of understanding (MOU) regarding the changes to the investment agreement. The relevant information is as follows.