Notice of Change in Major Shareholder

Note: This English document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translation and the Japanese original, the Japanese original shall prevail.
Tosei Corporation assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.

To whom it may concern

December 19, 2017

Tosei Corporation
Toranomon Tosei Building, 4-2-3 Toranomon, Minato-ku, Tokyo
President and CEO: Seiichiro Yamaguchi
Securities code: 8923 (Tokyo Stock Exchange, First Section)
S2D (Singapore Exchange, Mainboard)
Contact: Director and CFO: Noboru Hirano
TEL: +81-3-3435-2865

Notice of Change in Major Shareholder

Tosei Corporation (the “Company”) hereby announces that its major shareholder has changed as follows:


      1. 1.Background on change
        The Company was notified of the change in its major shareholder, based on the Large Shareholding Report (as of October 27, 2017) submitted by SAMARANG UCITS on December 18, 2017.

    1. 2.Profile of the shareholder that has changed
      (1)Name SAMARANG UCITS
      (2)Address 11a Avenue Monterey L-2163 Luxembourg
      (3)Representative Leonard Alain, Director
      (4)Business Investment business company

      1. 3.Changes in number of voting rights (number of shares) and percentage of total voting rights held by the shareholders
        Number of voting rights
        (Number of shares)
        Percentage of
        total voting rights
        Major shareholder
        ranking
         Before change - - -
         After change 51,273units
        (5,127,300shares)
        10.62% No.3
        *The above information is based on the Large Shareholding Report. The ranking of major shareholders is estimated based on the number of shares owned on the register of shareholders as of May 31, 2017.

        1. 4.Outlook
          This matter is based on the Large Shareholdings Report filed by the above shareholders.
          There is no significant reportable information on the future outlook.

        End