Toho Zinc Co., Ltd.TSE: 5707

Notice Regarding the Fire at Onahama Smelter and Refinery (Second Report)

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Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

September 24, 2025

Company name:

Toho Zinc Co., Ltd.

Representative

ITO Masahito, President and

Representative Director

(Securities code:

5707)

Inquiries

T♙K♙H♙SHI Hiroshi,

Executive Officer

(Telephone:

+81-3-4334-7313)

‌[Update] Notice Regarding the Fire at Onahama Smelter and Refinery (Second Report)

♙t around 3:30 a.m. on Friday, September 5, 2025, a fire occurred at our Onahama Smelter and Refinery located in Iwaki-shi, Fukushima.

We sincerely apologize for the great inconvenience and concern this incident has caused to local residents, shareholders, business partners, relevant authorities, and many others.

The outline of the incident is as follows:

  1. Date and Time of Occurrence

    ♙round 3:30 a.m., Friday, September 5, 2025

    (Fire extinguished and confirmed at around 11:20 a.m.)

  2. Location

    Toho Zinc Co., Ltd., Onahama Smelter and Refinery (10 ♙za Yoshihama, Onahama, Iwaki-shi, Fukushima) Electric Furnace No.1

  3. Damage Status

    1. Human Damage

      No injuries were reported.

    2. Property Damage

      Partial damage to the refractory bricks of Electric Furnace No. 1 Belt conveyor inside the furnace building

  4. Cause of the ♙ccident

    In Electric Furnace No. 1, during operation, the melting and erosion of a portion of the refractory bricks

    progressed, resulting in partial collapse. ♙s a result, outside air entered the furnace, causing rapid combustion of the charged materials, which subsequently led to a fire at the furnace top.

  5. Environmental Impact

    No environmental impact has been identified as a result of the fire.

  6. Impact on Financial Performance

    Should the incident be expected to have a material impact on our financial performance, we will disclose such information promptly.

  7. Future Operations

Regarding Electric Furnace No. 1, which was damaged by the fire, the scheduled periodic maintenance has already been brought forward, and restoration work on the affected area is being carried out in parallel.

♙t the same time, measures to recurrence prevention, including obtaining guidance and approval from the fire authorities, are being formulated, with the highest priority placed on ensuring safety.

End