News Release

1. Purpose of the Merger

This merger aims to integrate the management resources of the Yanmar Group and pursue more efficient operations.

2. Type of the Merger

The merger will be conducted as an absorption merger, with Yanmar Holdings as the surviving company, and Yanmar Global Expert will be dissolved.

3. Effective Date of the Merger

February 1, 2025.

About Yanmar

With beginnings in Osaka, Japan, in 1912, Yanmar was the first ever to succeed in making a compact diesel engine of a practical size in 1933. A pioneer in diesel engine technology, Yanmar is a global innovator in a wide range of industrial equipment, from small and large engines, agricultural machinery and facilities, construction equipment, energy systems, marine, to machine tools, and components — Yanmar’s global business operations span seven domains. On land, at sea, and in the city, Yanmar provides advanced solutions to the challenges customers face, towards realizing A Sustainable Future. For more details, please visit the official website of Yanmar Holdings Co., Ltd.

• https://www.yanmar.com/global/about/