Konica Minolta : TSENotice Regarding Partial Amendment to Articles of Incorporation and Shelf Registration with Respect to New Financing Method (Series 1 Bond-Type Class Shares)

About this update from Konica Minolta, Inc.

The Company announces that, at the meeting of the Board of Directors held on May 14, 2026, the Company resolved to propose an item concerning partial amendment to the Articles of Incorporation (hereinafter referred to as the "Amendment to Articles of Incorporation") to the 122nd Ordinary General Meeting of Shareholders (hereinafter referred to as the "Shareholders' Meeting") to be held on June 17, 2026 and to file a shelf registration statement with respect to the issuance of new class shares (Series 1 Bond-Type Class Shares) that enable agile and flexible financing, as described below. The Amendment to Articles of Incorporation and filing of such shelf registration statement will expand the Company's financing options that will not cause dilution of voting rights, for the purpose of achieving a balance between investment for growth and financial soundness. Additionally, the contents of this disclosure are supplemented in the "Information Material regarding Bond-Type Class Shares" and "Q&A regarding Bond-Type Class Shares", so please refer to them as well. The Amendment to Articles of Incorporation and filing of such shelf registration statement will not affect the capital allocation described in the Medium-term Business Plan (Corporate Plan 2026-2028). The Company made full prepayment of hybrid loans (loans with subordinated clauses) of 100.0 billion yen executed in October 2017 (hereinafter referred to as the "Previous Loans") on October 31, 2022 and entered into an agreement for new hybrid loans (hereinafter referred to as the "Current Loans") on October 26, 2022. The Current Loans, being debt with characteristics similar to equity, were designed to ensure financial soundness of the Company without dilution of shares by obtaining an equity credit equivalent to the Previous Loans from credit rating agencies. Since the refinancing of the Current Loans is scheduled in 2027, the Company has been exploring an option of "bond-type class shares" in order to diversify the Company's financing method. The Company has decided to propose the Amendment to Articles of Incorporation at the Shareholders' Meeting, in order to establish a framework for handling future refinancing at an early stage. Specifically, the Company intends to add provisions to its Articles of Incorporation to enable new issuance of Series 1 Bond-Type Class Shares through Series 5 Bond-Type ...

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