Itochu : (Amendments) Announcement Relating to Partial Amendments to “Announcement in Relation to Commencement of Tender Offer for Shares in DAIKEN CORPORATION (Code No. 7905)”

August 28, 2023	This document is an English translation of a
	statement written originally in Japanese.
	The Japanese original should be considered
ITOCHU Corporation	as the primary version.

(Code No.: 8001, Prime Market)

Representative Director and President and Chief Operating Officer: Keita Ishii

Contact: Suguru Amano

General Manager, Investor Relations Division (TEL. [phone])

BP Investment Godo Kaisha

Representative Member: ITOCHU Corporation

Person Acting in its Capacity: Takashi Ozawa

Contact: Same as above

(Amendments) Announcement Relating to Partial Amendments to "Announcement in Relation to Commencement of Tender Offer for Shares in DAIKEN CORPORATION (Code No. 7905)"

ITOCHU Corporation ("ITOCHU") hereby announces the partial amendments to "Announcement in Relation to Commencement of Tender Offer for Shares in DAIKEN CORPORATION (Code No. 7905)" dated August 10, 2023. The revised parts are underlined. This document is disclosed in accordance with the Securities Listing Regulations, and also serves as an official announcement pursuant to Article 30, paragraph 1, item (iv) of the Order for Enforcement of the Financial Instruments and Exchange Act based on the request of BP Investment Godo Kaisha ("Tender Offeror") to ITOCHU (the parent company of the Tender Offeror).

• Reason for the Amendments

The amendments were made due to the waiting period set forth under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 had ended on August 25, 2023 (local time), and an amendment statement to the tender offer registration statement was submitted on August 28, 2023.

Ⅱ. Contents of the Amendments (the revised parts are underlined)

3. (9) (II) Conditions of Withdrawal, etc. of Tender Offer, Details Thereof and Method of Disclosure of Withdrawal, etc.

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(Before the Amendments)

The Tender Offer may be withdrawn upon the occurrence of any event listed in Article 14, paragraph 1, items (i)(a) through (i)(j) and items (i)(m) through (i)(s), items (iii)(a) through (iii)(h) and (iii)(j), item (iv),as well as Article 14, paragraph 2, items (iii) through (vi) of the Order.

Furthermore, if an injunction order was issued by the Antitrust Division of the U.S. Department of Justice, or the U.S. Federal Trade Commission regarding the Transaction, or the waiting period does not end by the day preceding the expiry date of the Tender Offer Period (including the extended period), this will constitute a case where the circumstances set forth in Article 14, paragraph 1, item (iv) of the Order occurred, and the Tender Offer may be withdrawn, etc.

(After the Amendments)

The underlined parts are deleted.

End

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