Tokyo Electron — Merger or Acquisition (May 2014)

4 slides from Tokyo Electron's merger presentation, May 14, 2014

Slide 1: Tokyo Electron Share Exchange
Tokyo Electron Share Exchange
Slide 2: Tokyo Electron Share Exchange structure
‘Tokyo Electron ‘Shareholder HoldCo Ondinary Shares Tokyo Electton will become a subsidiary of TEL Japan GK. + Te Hots dane in tng To Ekcton shares after Exchange. TEL Japan GK Tokyo Electron Share i Exchange Tokyo Election
Slide 3: After the Business Combination
After the Business Combination
Slide 4: Analysis Outline of the Financial Advisor Regarding the Share Exchange Ratio
Attachment 2 Analysis Outline of the Financial Advisor Regarding the Share Exchange Ratio (Outline of Analysis by Financial Advisor of Tokyo Electron) Mitsubishi UFJ Morgan Stanley analyzed the Share Exchange Ratio by performing valuation analyses based on Historical Exchange Ratio Analysis, Relativ