MITSUBISHI CHEMICAL CORPORATION

Mitsubishi Chemical was formed in October 1994, as a result of a merger between Mitsubishi Kasei Corporation (incorporated in August 1934 and listed on the TSE in June 1950) and Mitsubishi Petrochemical Co., Ltd. (incorporated and listed on the TSE in April 1956). Subsequently, in October 2005, Mitsubishi Chemical executed a joint share transfer with its subsidiary Mitsubishi Pharma Corporation and at the same time a new company was incorporated to be Mitsubishi Chemical’s 100% parent company,... MCHC, and, as a result, Mitsubishi Chemical was delisted. As of the date hereof, Mitsubishi Chemical is one of the six operating companies (i.e., Mitsubishi Chemical, Mitsubishi Tanabe Pharma Corporation, Mitsubishi Plastics, Inc. (“Mitsubishi Plastics”), Mitsubishi Rayon Co. Ltd. (“Mitsubishi Rayon”), Life Science Institute, Inc. and Taiyo Nippon Sanso Corporation) included among MCHC’s 581 subsidiaries (as of March 31, 2016) and 168 affiliates (as of March 31, 2016) (collectively, “MCHC Group”), and is a general chemical manufacturing company providing a broad range products and services with consolidated sales of approximately 1.7 trillion yen (FY 2015). Mitsubishi Chemical engages (x) in the information and electronics business, core products of which are recording materials (e.g., optical recording media), electronic related products (e.g., display materials and advanced cleaners for semiconductors) and information equipment (e.g., OPC and toner), and the performance chemical business, core products of which are food ingredients (e.g., emulsifier), battery materials (e.g., electrolyte for li-ion batteries and negative electrode material), fine chemical products (e.g., ion exchange resins) and inorganic chemical products (e.g., synthetic quartz powder), and (y) in the manufacturing and sales of products such as petrochemicals/chemical products (e.g., ethylen and propylene), carbon products (e.g., coke) and synthetic resin products (e.g., polyolenfin,phenol polycarbonate chain) in the area of industrial materials. Mitsubishi Chemical Europe, a European subsidiary of Mitsubishi Chemical, started as a Dusseldorf office of Mitsubishi Chemical (formerly Mitsubishi Chemical Industries Limited) in February 1961 and was incorporated as limited liability company in Germany in 1989. As of the date hereof, Mitsubishi Chemical Europe primarily engages in the import and sale of products of MCHC Group companies (including Mitsubishi Chemical). Mitsubishi Chemical Europe also provides administrative services including accounting and HR related services to MCHC Group companies in Dusseldorf, Germany, as well as engaging in the polycarbonate business (business concerning sales of materials of high performance plastics) and conducting market research in Europe. Mitsubishi Chemical Europe performs an important function for the overall MCHC Group in Europe. In December 2015, MCHC, the parent company of Mitsubishi Chemical, launched a new medium-term management plan named “APTSIS 20” for the period from FY 2016 to FY 2020. The plan stated MCHC’s goal for 2020 that “by increasing profitability, pursuing innovation, and contributing to sustainability, MCHC will establish the foundation to become THE KAITEKI COMPANY being recognized on a truly global level”.More