Ushio acquires the Industrial and Entertainment lamps business of ams-OSRAM Group

Ushio Inc. (Head office: Tokyo: President and CEO: Takabumi Asahi, hereinafter “Ushio”) resolved to acquire the industrial lamps mainly for semiconductor market and entertainment lamps business (hereinafter the "Business") of ams-OSRAM AG (Head office: Premstaetten, Austria, CEO: Aldo Kamper) Group (hereinafter “OSRAM”) and entered into a share and asset transfer agreement with OSRAM on July 28th, 2025.

• The closing of this transaction is expected by the Q4 of the fiscal year ending March 2026. • Sales of the business are approximately 28.8 billion yen (2024), and about 500 employees worldwide are expected to transfer to the Ushio Group.

OSRAM is a global leader in semiconductor and traditional automotive & industrial specialty lamps technologies, engaged in the design, manufacture, and sale of semiconductor devices such as LEDs, lasers, and sensors for automotive, industrial, medical, and consumer applications, as well as specialty lamps for semiconductor manufacturing equipment. The scope of this transfer includes specialty lamps for semiconductor manufacturing equipment, among others.

Under the New Growth Strategy “Revive Vision 2030” which was formulated in 2024, Ushio is steadily implementing initiatives for business portfolio revamping, structural reforms, and improvement of capital efficiency. This Transaction is part of the business portfolio revamping, aimed at strengthening the profit base of the Industrial Processes business, particularly the light source business centered on the semiconductor field. This will essentially be achieved through optimization of production and significant improvement of efficiency (See Figures (1) and (2) below.)

By taking advantage of this takeover to integrate the technological advantage, patents, and manufacturing know-how held by both companies in the light source business, Ushio aims for the following effects. i. Further sales opportunities in the semiconductor lamp market, which is expected to continue to grow ii. Expansion of contribution to profits through optimization of production and significant improvement of efficiency

The acquisition of the Business, which is already recording stable profits today, that is also expected to achieve a return on invested capital exceeding 10%, from OSRAM will significantly contribute to the achievement of the quantitative targets (ROE 12% or more) that Ushio has set forth in its New Growth Strategy, “Revive Vision 2030.” Through this takeover, Ushio will further strengthen its competitiveness and raise the level of its revenue base in order to expand the IP business, and lead it to future consolidation of the light source industry and a faster improvement in production efficiency.

About ams OSRAM: The ams OSRAM Group (SIX: AMS) is a global leader in innovative light and sensor solutions. With more than 110 years of industry experience, we combine engineering excellence and global manufacturing with a passion for cutting-edge innovation. Our commitment to pushing the boundaries of illumination, visualization, and sensing enable transformative advancements in the automotive, industrial, medical, and consumer industries. “Sense the power of light” – our success is based on the deep understanding of the potential of light and our distinct portfolio of both emitter and sensor technologies. About 19,700 employees worldwide focus on pioneering innovations alongside the societal megatrends of digitalization, smart living and sustainability. This is reflected in over 13,000 patents granted and applied. Headquartered in Premstaetten/Graz (Austria) with co-headquarters in Munich (Germany), the group achieved EUR 3.4 billion revenues in 2024 and is listed as ams-OSRAM AG on the SIX Swiss Exchange (ISIN: AT0000A3EPA4). Learn more at https://ams-osram.com