News Release

Notice regarding the Conclusion of the Absorption-type Company Split Agreement related to the Business Partnership with Toshiba Tec and integration of MFP development and manufacturing

February 6, 2024

TOKYO, February 6, 2024 – Ricoh Company, Ltd. today made three timely disclosures to the Tokyo Stock Exchange regarding its Business Partnership with Toshiba Tec Corporation and integration of MFP development and manufacturing that were announced on May 19, 2023.

Ricoh and Toshiba Tec resolved to enter into an absorption-type company split agreement with Ricoh Technologies Corporation (the Joint Venture company) by their respective Board of Directors today, and the respective absorption-type company split agreements were signed on the same day.

Certain matters that were previously undecided have now been confirmed, while some details have been changed, as below.

Status of the successor company in the absorption-type split (The Joint Venture)

Company name: ETRIA CO., LTD.

Address: Yokohama-shi, Kanagawa, Japan

Representative name: Katsunori Nakata, President and CEO

Principal business: Development, production, and sales of peripheral devices and consumables for office machines, industrial equipment, optical equipment, and other products.

Capital stock: 500 million yen

Accounting date: March 31

Effective date of the Absorption-type Split: July 1, 2024

For further detail, please see the links below.

Related Information

| About Ricoh |

Ricoh is a leading provider of integrated digital services and print and imaging solutions designed to support digital transformation of workplaces, workspaces and optimize business performance.

Headquartered in Tokyo, Ricoh's global operation reaches customers in approximately 200 countries and regions, supported by cultivated knowledge, technologies, and organizational capabilities nurtured over its 85-year history. In the financial year ended March 2023, Ricoh Group had worldwide sales of 2,134 billion yen (approx. 16.0 billion USD).

It is Ricoh's mission and vision to empower individuals to find Fulfillment through Work by understanding and transforming how people work so we can unleash their potential and creativity to realize a sustainable future.

For further information, please visit www.ricoh.com

###

Back