On February 15, 2024, Renesas Electronics Corporation (Representative Executive Officer and CEO: Hidetoshi Shibata, hereinafter referred to as the Company) announced that it has signed a Scheme Implementation Agreement with Altium Limited (CEO: Aram Mirkazemi, hereinafter referred to as Altium), a software company headquartered in California, USA, to acquire all shares of Altium by way of Scheme of Arrangement under the Australian Corporations Act, subject to the fulfillment of various conditions (hereinafter referred to as the Acquisition). As a result of this Acquisition, three subsidiaries of Altium, Altium IP Hold Co. Pty Limited, Altium IP Co. Pty Limited, and Altium LLC, will become subsidiaries of the Company as well. Details of each company were not available as of February 15, 2024. We have obtained the information and would like to inform you as follows. The execution of this Acquisition is expected to take place in the second half of 2024, subject to the approval of Altium shareholders, the Australian court, and the necessary regulatory authorities, as well as the satisfaction of other common trading conditions. Announcements of individual stocks regarding the Acquisition of Altium Limited (subsidiarization of Altium stock) on February 15, 2024.Please use your Futubull account to access the feature.

As a result of this Acquisition, three subsidiaries of Altium, Altium IP Hold Co. Pty Limited, Altium IP Co. Pty Limited, and Altium LLC, will become subsidiaries of the Company as well. Details of each company were not available as of February 15, 2024. We have obtained the information and would like to inform you as follows. The execution of this Acquisition is expected to take place in the second half of 2024, subject to the approval of Altium shareholders, the Australian court, and the necessary regulatory authorities, as well as the satisfaction of other common trading conditions.

Record

1. Overview of Altium IP Hold Co. Pty Limited (a subsidiary of Altium)

Overview of Altium IP Co. Pty Limited (a subsidiary of Altium Corporation)

3. Overview of Altium LLC (a subsidiary of Altium Corporation)

Note: The yen conversion rate in this presentation material is based on the "as of February 15, 2024 "Announcements of individual stocks regarding the Acquisition of Altium Limited (subsidiarization of Altium stock) on February 15, 2024.(Above) This document is a press release for the general public regarding "Announcements of Individual Stocks of Altium Limited becoming a subsidiary (stock acquisition)" and is not created for the purpose of investment solicitation or similar activities, regardless of Japan's domestic or international. Moreover, this document does not constitute a solicitation or sale of securities in the United States. Except for cases where securities are registered or excluded from registration obligations based on the US Securities Act of 1933, it is not possible to solicit or sell securities in the United States.

and above.

This document is a press release for the general public to announce Renesas's completion of the acquisition of Transphorm, and is not intended for investment solicitation or similar activities in Japan or abroad. In addition, this document does not constitute an invitation or solicitation for the sale or purchase of securities in the United States. In the United States, securities may not be offered or sold unless registered under the U.S. Securities Act of 1933 or exempt from registration.

The plans, strategies and performance outlook of Renesas Electronics Group described in this material are based on the information currently available and judged by the Renesas Electronics Group, which includes potential risks and uncertainties. Therefore, please be aware in advance that actual performance, etc. may result in significantly different results from these outlooks due to various factors. Significant factors that may affect actual performance include (1) economic conditions in Japan, North America, Asia, Europe and other areas surrounding Renesas Electronics Group's business areas, (2) demand trends and price pressure due to increased competition for Renesas Electronics Group products and services in the market, (3) the ability of Renesas Electronics Group to continue to supply customers with products and services that are accepted in a fiercely competitive market, and (4) exchange rate fluctuations (particularly between the US dollar and yen), etc., but there may be various other factors. In addition, there is a possibility that actual performance and other results may differ from the initial outlook due to factors such as worsening of the global economy, deterioration of the world's financial situation, and stunk of the domestic and foreign stock markets.

Notes regarding future estimates: The plans, strategies, and performance outlook of the Renesas Electronics Group mentioned in this material are based on information currently available to the group, and contain potential risks and uncertainties. Therefore, please be aware in advance that actual performance may differ significantly from these estimates due to various factors. Important factors that may affect actual performance include (1) the economic situation in Japan, North America, Asia, and Europe surrounding the business areas of the Renesas Electronics Group, (2) demand trends and price pressure due to competition for group products and services in the market, (3) the group's ability to continue to supply products and services that are accepted by customers in a market that is subject to intensive competition, and (4) fluctuations in exchange rates (especially between the U.S. dollar and the yen), as well as various other factors that may occur. In addition, actual performance may differ from the initial outlook due to factors such as deteriorating global economic conditions, deteriorating global financial conditions, and stagnation in domestic and international stock markets.

The plans, strategies and performance outlook of Renesas Electronics Group described in this document are based on information that Renesas Electronics Group has available and which it has determined, and which includes potential risks and uncertainties. Therefore, you should be aware in advance that actual performance may differ significantly from these outlooks due to various factors. Important factors that may affect actual performance are the economic conditions in the regions where Renesas Electronics Group's business areas are located, such as Japan, North America, Asia, and Europe, the trends in demand for and prices of Renesas Electronics Group's products and services in the marketplace, Renesas Electronics Group's continued ability to supply its customers with products and services that are accepted in a fiercely competitive marketplace, and exchange rate fluctuations (particularly between the US dollar and the yen), as well as various other factors. Additionally, there is potential for actual performance to differ from initial expectations due to factors such as a deterioration in the global economy, the world's financial situation, stunk of the domestic and foreign stock markets, and so on. This document was not created for the purpose of soliciting investment or similar activities, regardless of whether inside or outside Japan, but constitutes a press release for the general public regarding "Announcements of Individual Stocks of Altium Limited becoming a subsidiary (stock acquisition)." This document does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. Except in the case of securities registered or exempted from registration obligations under the Securities Act of 1933, securities cannot be sold or offered for sale in the United States.