Nidec Corporation Completed Procedure Required under Turkish Competition Law (Competition Law) regarding Tender Offer Bid for Makino Milling Machine Co., Ltd. (Securities Code: 6135)

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) herebyannouncesthat, on March 27,2025 (Turkey time), the Company has obtained from the Turkish Competition Authority its approval under the Communiqué No. 2010/4 on the Mergers and Acquisitions Subject to the Approval of the Competition Board (Turkish Competition Law) – one of the permits and approvals for this case required for a series of transactions for the purpose of making Makino Milling Machine Co., Ltd. (listed on Tokyo Stock Exchange,Inc.’s Prime Market) a wholly owned subsidiary of Nidec.This means thatthe procedure hasbeen completed as so explained in advance in the Company’s press release, “Notice Regarding Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135),” issued on December 27, 2024. We will promptly announce the completion of the other procedures required under applicable laws and regulations regarding merger control and foreign investment restriction for other jurisdictions once such procedures have been completed.

(Reference) The expected completion dates (tentative) are as follows: