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News Release

Notice Regarding the Conclusion of the Transfer of Shares in Ricoh India Ltd.

June 16, 2021

TOKYO, June 16, 2021 – Ricoh today announced that the Company concluded the transfer of all its shares in Ricoh India Ltd. (Registered Office: Mumbai, hereinafter referred to as Ricoh India) to third parties and dissolved its capital relationship with Ricoh India.

| About Ricoh |

Ricoh is empowering digital workplaces using innovative technologies and services that enable individuals to work smarter from anywhere.

With cultivated knowledge and organizational capabilities nurtured over its 85-years history, Ricoh is a leading provider of digital services and information management, and print and imaging solutions designed to support digital transformation and optimize business performance.

Headquartered in Tokyo, Ricoh Group has major operations throughout the world and its products and services now reach customers in approximately 200 countries and regions. In the financial year ended March 2021, Ricoh Group had worldwide sales of 1,682 billion yen (approx. 15.1 billion USD).

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