Fujitsu General tender offer by Paloma Ream to commence

Fujitsu Limited (TSE:6702) announced today that Paloma Ream Holdings Co., Ltd. will commence its tender offer for shares of Fujitsu General Limited (hereinafter, "Fujitsu General") from April 28 to May 28, 2025. This follows the agreement announced on January 6, 2025, regarding a series of transactions aimed at non-privatizing Fujitsu General. These transactions include Fujitsu opting out of the tender, Paloma Ream's acquisition of shares to become the majority shareholder (excluding Fujitsu's holdings and treasury stock), Fujitsu General's share consolidation, capital funding by Paloma Ream, and Fujitsu General's acquisition of its own shares. Fujitsu will not participate in the tender offer and intends to transfer its Fujitsu General shares through a subsequent acquisition of own shares by Fujitsu General after the tender offer is completed.