Kalon Holdings extends Mandom tender offer period

Kalon Holdings Co. has extended its tender offer for Mandom Corporation shares. The purchase period, initially set from September 26, 2025, to November 10, 2025 (30 business days), has been extended to November 19, 2025 (37 business days). This amendment follows the filing of an Amendment Statement to the Tender Offer Registration Statement with the Kanto Local Finance Bureau on November 5, 2025.

Consequently, the commencement date of settlement has also been adjusted from November 17, 2025, to November 27, 2025. The extension is due to a partial amendment to Mandom Corporation's opinion regarding the tender offer, announced on November 4, 2025, which necessitated an amendment to the Tender Offer Registration Statement.

Kalon Holdings maintains the tender offer price at 1,960 yen per share, which will also serve as the basis for valuation in the subsequent Re-Investment Etc. procedures involving the Nishimura Family Shareholders.