Oji : Completes the Aquisiton of AustroCel Hallein, a Biorefinery Company in Austria ~ Unlock the Full Power of Nature for a Future Dedicated to Sustainability ~

January 26, 2026

Oji Holdings Corporation (President: Hiroyuki Isono; Head Office: Chuo-ku, Tokyo) announces the completion to acquire of all shares of AustroCel Hallein GmbH (Head Office: Austria; hereinafter "AustroCel") on January 14, 2026.

AustroCel is one of Europe's leading biorefinery companies which manufactures dissolving wood pulp, advanced biofuels and lignin-based hydrogel granules which utilizes the residual streams that are generated during the production of dissolving pulp. They have made significant investments in recent years resulting in a highly profitable business model which is recognised by customers as an innovative biorefining platform.

This acquisition will accelerate the transformation of our business portfolio, moving the Forest Biomass Business to the core of Oji Group, which is proposed in "Medium-Term Management Plan 2027", announced in May 2025. Through this acquisition, Oji group will be able to advance a sustainable manufacturing approach-biomanufacturing-that replaces various production processes dependent on conventional fossil resources, and which is expected to become next-generation industrial infrastructure.

【AustroCel Overview】

The Business Model of AustroCel

Wolfram Kalt, CEO of AustroCel (right) and Hiroyuki Isono, CEO of Oji Holdings (left)

【Impact on the Financial Results in the Current Fiscal Year】

This matter will have a minor impact on forecast financial result for the fiscal year ending March 2026.