Nippon Kayaku: Joint Action Parties Intend to Reduce Stake by 1.33%

Nikkei Chemical announced that shareholder Zhao Dongsheng plans to reduce his holdings of the company's shares by no more than 5.99 million shares, accounting for 1.33% of the total share capital excluding shares in the repurchase special account. The reduction period is from October 15, 2025 to January 14, 2026. During this period, the shareholder can reduce holdings by no more than 1% in any consecutive 90 days through centralized bidding and by no more than 2% through block trading.