On March 3, 2022, MESCO Inc. announced through an extraordinary report on a request for the sale of shares of Mitsui Mining & Smelting Co., Ltd. that the meeting of the Board of Directors held on the same day, resolved to approve said Request for Sale. of actions. Therefore, the Company will notify all shareholders of the Company of a request for the sale of all common shares to Mitsui Mining & Smelting.

The main content of the notice is as follows: (1) Matters related to the amount of money to be delivered will be awarded and delivered at the rate of 1,320 yen for each share sold. (2) The date on which the special controlling shareholder acquires the shares for sale is March 25, 2022.